JNL/Oppenheimer Global Growth Fund
Data updated: 2026-05-28
C000004641 — JNL/Oppenheimer Global Growth Fund. Holdings, fees, performance and SEC filings.
C000004641 Fund Overview
JNL/Oppenheimer Global Growth Fund is a US mutual fund managed by JNL Series Trust, categorised as Global (incl. US) Large Cap Blend / Core Information Technology 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: Global (incl. US) Large Cap Blend / Core Information Technology Equity
- Assets under management: $1.15B
- 1-year return: 10.2%
- SEC CIK: 0000933691
- SEC series ID: S000001734
- Share class ID: C000004641
C000004641 Investment Objective and Strategy
JNL/Oppenheimer Global Growth 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 capital appreciation.
Principal investment strategy
The Fund invests mainly in common stock of U.S. and foreign companies. The Fund can invest without limit in foreign securities and can invest in any country, including countries with developing or emerging markets. However, the Fund currently emphasizes its investments in developed markets such as the United States, Western European countries and Japan. The Fund does not limit its investments to companies in a particular capitalization range, but primarily invests in mid- and large-capitalization companies. The Fund normally will invest in at least three countries (one of which may be the United States). Typically, the Fund invests in a number of different countries. The Fund is not required to allocate its investments in any set percentages in any particular countries. OppenheimerFunds, Inc.
(Sub-Adviser) primarily looks for quality companies, regardless of domicile, that have sustainable growth. The investment approach combines a thematic approach to investment idea generation with bottom-up, fundamental company analysis. The Sub-Adviser seeks to identify secular changes in the world and looks for pockets of durable change that the Sub-Adviser believes will drive global growth for the next decade. These large scale structural themes are referred to collectively as MANTRA: Mass Affluence, New Technology, Restructuring, and Aging. The Sub-Adviser does not target a fixed allocation with regard to any particular theme, and may choose to focus on various sub-themes within each theme. Within each sub-theme, the Sub-Adviser employs fundamental company analysis to select investments for the Funds portfolio.
The economic characteristics the Sub-Adviser seeks include a combination of high return on invested capital, good cash flow characteristics, high barriers to entry, dominant market share, a strong competitive position, talented management, and balance sheet strength that the Sub-Adviser believes will enable the company to fund its own growth. These criteria may vary. The Sub-Adviser also considers how industry dynamics, market trends and general economic conditions may affect a companys earnings outlook. The Sub-Adviser has a long-term investment horizon of typically three to five years. The Sub-Adviser also has a contrarian buy discipline; the Sub-Adviser buys common stocks of high-quality companies that fit the investment criteria when the valuations, at the time of purchase, underestimate what the Sub-Adviser believes are their long-term earnings potential.
For example, a companys stock price may dislocate from its fundamental outlook due to a short-term earnings glitch or negative, short-term market sentiment, which can give rise to what the Sub-Adviser believes is an attractive investment opportunity. The Sub-Adviser monitors individual issuers for changes in earnings potential or other effects of changing market conditions that may trigger a decision to sell a security, but do not require a decision to do so.
C000004641 Holdings
Top 10 holdings of JNL/Oppenheimer Global Growth Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Alphabet Inc. | 9.58% |
| Taiwan Semiconductor Manufacturing Company Limited | 6.48% |
| NVIDIA Corporation | 5.68% |
| Meta Platforms, Inc. | 5.08% |
| Lam Research Corporation | 4.99% |
| Broadcom Inc. | 3.75% |
| S&P Global Inc. | 3.66% |
| Analog Devices, Inc. | 3.36% |
| Visa Inc. | 3.25% |
| Eli Lilly and Company | 3.11% |
C000004641 Portfolio Allocation
Asset-class allocation of JNL/Oppenheimer Global Growth Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 100.0% |
| Cash & Equivalents | 0.4% |
C000004641 Performance
Total returns for C000004641 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | -9.8% |
| 1 year | 10.2% |
| 3 years (annualised) | 12.5% |
| 5 years (annualised) | 4.7% |
C000004641 Risk Information
Risk metrics for C000004641, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 13.4%
C000004641 Costs and Fees
C000004641 costs about $97 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.97%
- Gross expense ratio: 0.97%
- Portfolio turnover: 12%
- Brokerage commissions: 3.87 bps of average net assets (SEC N-CEN)
C000004641 Cashflows
Over the 12 months to 2026-03, JNL/Oppenheimer Global Growth Fund had net outflows of $262.98M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-03 | −$16.72M |
| 2026-02 | −$24.92M |
| 2026-01 | −$22.80M |
| 2025-12 | −$23.29M |
| 2025-11 | −$22.35M |
| 2025-10 | −$25.53M |
C000004641 Debt Constituents
No individual debt constituents are reported in JNL/Oppenheimer Global Growth Fund's latest SEC N-PORT filing.
C000004641 Prospectus and SEC Filings
Official JNL/Oppenheimer Global Growth Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-04-24
- Prospectus (485BPOS) — filed 2024-04-26
- Prospectus (485BPOS) — filed 2023-04-27
- Portfolio holdings (N-PORT) — filed 2026-05-28
- Portfolio holdings (N-PORT) — filed 2026-02-25
- Portfolio holdings (N-PORT) — filed 2025-11-25
- Annual census (N-CEN) — filed 2026-03-12
- Annual census (N-CEN) — filed 2025-03-14
Related Funds
Other Global (incl. US) Large Cap Blend / Core Information Technology 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.