C000004581 Fees and Costs — JNL/Mellon Dow Index Fund, Class A
Data updated: 2020-05-29
The net expense ratio is 0.66%: a 0.18% management fee, a 0.30% 12b-1 fee plus 0.18% other expenses. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $7K in broker commissions, 0.0008% of average net assets, and portfolio turnover was 6%.
C000004581 Fees and Expenses
Annual operating expenses and sales charges of C000004581. Prospectus, as of April 30, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.18% |
| 12b-1 fee | 0.30% |
| Other expenses | 0.18% |
| Gross expense ratio | 0.66% |
| Fee waiver | — |
| Net expense ratio | 0.66% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000004581 Costs Over Time
On $10,000 invested in C000004581, assuming 5% a year before costs, total costs come to $416 over 5 years, cutting the return by 0.69% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.66%) | $69 | $217 | $378 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $11 | $38 |
| Total costs | $69 | $228 | $416 |
| Value after costs | $10,431 | $11,348 | $12,347 |
| Impact on return, per year | 0.69% | 0.69% | 0.69% |
C000004581 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.0008%
- Total broker commissions: $7K
- Bought from dealers (principal trades, not a cost): $35.1M
- Portfolio turnover (prospectus): 6%
- Securities lending: none during the year
C000004581 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $5K | 74.76% |
| CitiGroup Global Markets, Inc. | $366 | 5.01% |
| KCG Holdings | $300 | 4.11% |
| RBC Capital Markets, LLC | $228 | 3.12% |
| UBS Securities LLC | $196 | 2.68% |
| Instinet, LLC | $186 | 2.54% |
| Weeden & Company, LP | $177 | 2.43% |
| Sanford C. Bernstein & Co., LLC | $164 | 2.25% |
| Investment Technology Group Inc. | $155 | 2.12% |
| SG Americas Securities, LLC | $71 | 0.97% |
C000004581 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $35.1M | 100.00% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.