JNL/Causeway International Value Select Fund
Data updated: 2026-08-26
C000004631 — JNL/Causeway International Value Select Fund. Europe Large Cap Value Industrials Equity. Holdings, fees, performance and SEC filings.
C000004631 Fund Overview
JNL/Causeway International Value Select Fund is a US mutual fund managed by JNL Series Trust, categorised as Europe Large Cap Value Industrials Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: JNL Series Trust
- Category: Europe Large Cap Value Industrials Equity
- Assets under management: $2.68B
- 1-year return: 26.3%
- SEC CIK: 0000933691
- SEC series ID: S000001724
- Share class ID: C000004631
C000004631 Investment Objective and Strategy
JNL/Causeway International Value Select Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by JNL Series Trust.
Investment objective
The investment objective of the Fund is to seek long-term growth of capital and income through investment primarily in larger capitalization equity securities.
Principal investment strategy
The Fund invests primarily in common stocks of companies in developed countries outside the U.S. Under normal circumstances, the Fund invests at least 80% of its assets (net assets plus the amount of any borrowings for investment purposes) in equity securities of companies in a number of foreign countries and invests the majority of its total assets in companies that pay dividends or repurchase their shares. The Fund may invest up to 15% of its total assets in companies in emerging (less developed) markets. When investing the Funds assets, Causeway Capital Management LLC (Sub-Adviser) follows a value style, performing fundamental research supplemented by quantitative analysis. Beginning with a universe of all publicly listed companies throughout the non-U.S. developed and emerging markets, the Sub-Adviser applies market capitalization and liquidity thresholds to reduce investment candidates to approximately 2,000 equity securities.
The Sub-Adviser uses quantitative valuation screens to further narrow the potential investment candidates. The Sub-Adviser then performs fundamental research, which generally includes company-specific research, company visits, and interviews of suppliers, customers, competitors, industry analysts, and experts. The Sub-Adviser also applies a proprietary quantitative risk model to adjust return forecasts based on risk assessments. This process results in risk-adjusted return forecasts for a closely followed group of potential investment candidates. Using a value style means that the Sub-Adviser buys stocks that it believes have lower prices than their true worth. For example, stocks may be undervalued because the issuing companies are in industries that are currently out of favor with investors.
However, even in those industries, certain companies may have high rates of growth of earnings and be financially sound. The Sub-Adviser considers whether a company has each of the following value characteristics in purchasing or selling securities for the Fund: ? Low price-to-earnings ratio (stock price divided by earnings per share) relative to the sector; ? High yield (percentage rate of return paid on a stock in dividends and share repurchases) relative to the market; ? Low price-to-book value ratio (stock price divided by book value per share) relative to the market; ? Low price-to-cash flow ratio (stock price divided by net income plus noncash charges per share) relative to the market; and ? Financial strength. Generally, price-to-earnings and yield are the most important factors. The Fund generally invests in companies with market capitalizations greater than $5 billion at time of investment, but may invest in companies with any market capitalization.
There are no limitations on the minimum amount or maximum amount that the Fund may invest in any particular country. The Sub-Adviser determines a companys country by referring to: its stock exchange listing; where it is registered, organized or incorporated; where its headquarters are located; its Morningstar country classification; where it derives at least 50% of its revenues or profits from goods produced or sold, investments made, or services performed; or where at least 50% of its assets are located. These categories are designed to identify investments that are tied economically to, and subject to the risks of, investing outside the U.S. The Fund considers a country to be an emerging market if the country is included in the Morningstar Emerging Markets Index.
C000004631 Holdings
Top 10 holdings of JNL/Causeway International Value Select Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Kering | 4.56% |
| Renesas Electronics Corporation | 3.73% |
| Rolls-Royce Holdings PLC | 3.29% |
| AstraZeneca PLC | 3.10% |
| Reckitt Benckiser Group PLC | 2.89% |
| Alstom | 2.84% |
| Barclays PLC | 2.81% |
| SMC Corporation | 2.72% |
| Sap SE | 2.71% |
| Siemens Aktiengesellschaft | 2.66% |
C000004631 Portfolio Allocation
Asset-class allocation of JNL/Causeway International Value Select Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.6% |
| Cash & Equivalents | 0.3% |
C000004631 Performance
Total returns for C000004631 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 8.3% |
| 1 year | 26.3% |
| 3 years (annualised) | 19.9% |
| 5 years (annualised) | 14.1% |
C000004631 Risk Information
Risk metrics for C000004631, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 17.2%
C000004631 Costs and Fees
C000004631 costs about $96 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.96%
- Gross expense ratio: 0.96%
- Portfolio turnover: 45%
- Brokerage commissions: 6.51 bps of average net assets (SEC N-CEN)
C000004631 Cashflows
Over the 12 months to 2026-06, JNL/Causeway International Value Select Fund had net outflows of $52.24M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$48.63M |
| 2026-05 | −$81.58M |
| 2026-04 | −$76.41M |
| 2026-03 | −$55.91M |
| 2026-02 | −$13.99M |
| 2026-01 | −$54.36M |
C000004631 Debt Constituents
No individual debt constituents are reported in JNL/Causeway International Value Select Fund's latest SEC N-PORT filing.
C000004631 Prospectus and SEC Filings
Official JNL/Causeway International Value Select Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-23
- Prospectus (485BPOS) — filed 2025-04-24
- Prospectus (485BPOS) — filed 2024-04-26
- Portfolio holdings (N-PORT) — filed 2026-08-26
- Portfolio holdings (N-PORT) — filed 2026-05-28
- Portfolio holdings (N-PORT) — filed 2026-02-25
- Annual census (N-CEN) — filed 2026-03-12
- Annual census (N-CEN) — filed 2025-03-14
Related Funds
Other Europe Large Cap Value Industrials Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.