C000039492 Fees and Costs — JNL/Franklin Templeton Global Fund, Class A
Data updated: 2020-05-28
The net expense ratio is 1.02%: a 0.56% management fee, a 0.30% 12b-1 fee plus 0.15% other expenses. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $265K in broker commissions, 0.0418% of average net assets, and portfolio turnover was 31%.
C000039492 Fees and Expenses
Annual operating expenses and sales charges of C000039492. Prospectus, as of April 30, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.56% |
| 12b-1 fee | 0.30% |
| Other expenses | 0.15% |
| Gross expense ratio | 1.02% |
| Fee waiver | — |
| Net expense ratio | 1.02% |
| 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 |
C000039492 Costs Over Time
On $10,000 invested in C000039492, assuming 5% a year before costs, total costs come to $663 over 5 years, cutting the return by 1.11% 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 1.02%) | $107 | $334 | $579 |
| Trading costs (broker commissions) | $4 | $14 | $24 |
| Lost growth on money paid in costs | $0 | $17 | $61 |
| Total costs | $111 | $365 | $663 |
| Value after costs | $10,389 | $11,211 | $12,099 |
| Impact on return, per year | 1.11% | 1.11% | 1.11% |
C000039492 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): 0.0418%
- Total broker commissions: $265K
- Bought from dealers (principal trades, not a cost): $260.3M
- Portfolio turnover (prospectus): 31%
- Securities on loan, average value: $16.9M
- Net income from securities lending: $253K (0.040% of average net assets)
C000039492 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $24K | 14.51% |
| Royal Bank of Canada | $20K | 11.86% |
| CitiGroup Global Markets, Inc. | $18K | 10.93% |
| Goldman Sachs & Co. LLC | $17K | 10.40% |
| J.P. MORGAN | $17K | 10.16% |
| Morgan Stanley & Co, Inc | $16K | 9.90% |
| Investment Technology Group Inc. | $15K | 9.21% |
| HSBC Securities (USA) Inc. | $13K | 8.05% |
| JEFFERIES BACHE SECURITIES, LLC | $13K | 7.53% |
| J.P. MORGAN SECURITIES, INC. | $12K | 7.44% |
C000039492 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jackson National Asset Management, LLC | $253.0M | 97.19% |
| J.P. MORGAN | $7.1M | 2.74% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $184K | 0.07% |
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.