C000004596 Fees and Costs — JNL/Mellon MSCI World Index Fund, Class A
Data updated: 2020-05-29
The net expense ratio is 0.67%: a 0.19% 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 $5K in broker commissions, 0.0013% of average net assets, and portfolio turnover was 2%.
C000004596 Fees and Expenses
Annual operating expenses and sales charges of C000004596. Prospectus, as of April 30, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.19% |
| 12b-1 fee | 0.30% |
| Other expenses | 0.18% |
| Gross expense ratio | 0.67% |
| Fee waiver | — |
| Net expense ratio | 0.67% |
| 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 |
C000004596 Costs Over Time
On $10,000 invested in C000004596, assuming 5% a year before costs, total costs come to $423 over 5 years, cutting the return by 0.70% 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 0.67%) | $70 | $220 | $383 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $11 | $39 |
| Total costs | $70 | $232 | $423 |
| Value after costs | $10,430 | $11,345 | $12,340 |
| Impact on return, per year | 0.70% | 0.70% | 0.70% |
C000004596 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): 0.0013%
- Total broker commissions: $5K
- Bought from dealers (principal trades, not a cost): $18.5M
- Portfolio turnover (prospectus): 2%
- Securities on loan, average value: $3.8M
- Net income from securities lending: $57K (0.016% of average net assets)
C000004596 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $2K | 55.67% |
| HSBC Securities (USA) INC. | $1K | 26.37% |
| CitiGroup Global Markets, Inc. | $134 | 3.05% |
| JP Morgan Securities Inc. | $121 | 2.75% |
| MacQuarie Capital Inc. | $110 | 2.51% |
| BNP Paribas Securities | $99 | 2.25% |
| Credit Suisse | $98 | 2.23% |
| Sanford C. Bernstein & Co., LLC | $85 | 1.93% |
| KCG Holdings | $77 | 1.74% |
| SG Americas Securities, LLC | $67 | 1.52% |
C000004596 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $14.5M | 79.38% |
| CitiGroup Global Markets, Inc. | $1.3M | 7.29% |
| Morgan Stanley & Co, Inc | $701K | 3.83% |
| SG Americas Securities, LLC | $433K | 2.37% |
| UBS Securities LLC | $418K | 2.29% |
| JP Morgan Securities Inc. | $309K | 1.69% |
| Societe Generale Bannon, LLC | $195K | 1.07% |
| Deutsche Bank Securities, Inc | $152K | 0.83% |
| Winthrop Resources | $125K | 0.68% |
| MacQuarie Capital Inc. | $102K | 0.56% |
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.