C000004585 Fees and Costs — JNL/Mellon Healthcare Sector Fund, Class A
Data updated: 2020-05-29
The net expense ratio is 0.63%: a 0.17% management fee, a 0.30% 12b-1 fee plus 0.16% other expenses. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $28K in broker commissions, 0.0009% of average net assets, and portfolio turnover was 10%.
C000004585 Fees and Expenses
Annual operating expenses and sales charges of C000004585. Prospectus, as of April 30, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.17% |
| 12b-1 fee | 0.30% |
| Other expenses | 0.16% |
| Gross expense ratio | 0.63% |
| Fee waiver | — |
| Net expense ratio | 0.63% |
| 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 |
C000004585 Costs Over Time
On $10,000 invested in C000004585, assuming 5% a year before costs, total costs come to $398 over 5 years, cutting the return by 0.66% 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 0.63%) | $66 | $207 | $361 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $10 | $36 |
| Total costs | $66 | $218 | $398 |
| Value after costs | $10,434 | $11,359 | $12,365 |
| Impact on return, per year | 0.66% | 0.66% | 0.66% |
C000004585 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): 0.0009%
- Total broker commissions: $28K
- Bought from dealers (principal trades, not a cost): $211.6M
- Portfolio turnover (prospectus): 10%
- Securities on loan, average value: $69.5M
- Net income from securities lending: $959K (0.030% of average net assets)
C000004585 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $10K | 38.28% |
| CitiGroup Global Markets, Inc. | $4K | 14.42% |
| JP Morgan Securities Inc. | $3K | 12.35% |
| Investment Technology Group Inc. | $2K | 9.27% |
| Cantor Fitzgerald Europe | $2K | 7.77% |
| HSBC Securities (USA) Inc. | $1K | 4.89% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $925 | 3.64% |
| UBS Securities LLC | $827 | 3.26% |
| Liquidnet, Inc. | $813 | 3.20% |
| Barclays PLC | $743 | 2.92% |
C000004585 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $179.3M | 84.72% |
| JP Morgan Securities Inc. | $32.3M | 15.28% |
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.