JNL/PPM America Value Equity Fund

Data updated: 2020-05-28

C000039494 — JNL/PPM America Value Equity Fund. United States Value Equity · $133.37M AUM · 0.86% expense ratio. Holdings, fees, performance and SEC filings.

C000039494 Fund Overview

JNL/PPM America Value Equity Fund is a US mutual fund managed by JNL Series Trust, categorised as United States Value 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: United States Value Equity
Assets under management: $133.37M
SEC CIK: 0000933691
SEC series ID: S000014516
Share class ID: C000039494

C000039494 Investment Objective and Strategy

JNL/PPM America Value Equity 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 long-term growth of capital.

Principal investment strategy

The Fund seeks to achieve its objectives by investing primarily in a diversified portfolio of equity securities of domestic companies. Such companies will typically have market capitalizations within the range of companies constituting the S&P 500 Index (Index) under normal market conditions at the time of the initial purchase. The market capitalization range of the Index will vary with market conditions over time, and was $3.4 billion to $868.9 billion as of December 31, 2017 . At least 80% of the Funds assets (net assets plus the amount of any borrowings made for investment purposes) will be invested, under normal circumstances, in equity securities. If the market capitalization of a company held by the Fund moves outside the then-current Index range, the Fund may, but is not required to, sell such companys securities.

Equity securities include common and preferred stocks and securities with economic characteristics similar to those of common stocks, such as rights and warrants. PPM America, Inc. (Sub-Adviser) employs a value investing style that seeks to uncover investment opportunities that trade at significant discounts relative to the market. The Sub-Adviser utilizes fundamental research with a focus on bottom up security selection using a range of quantitative and qualitative factors. These factors include a companys financial condition, competitive position and management team strength. The investment process is focused on appraising companies rather than forecasting earnings. This process involves understanding the reasons why securities are undervalued and identifying potential for positive change.

With a focus on security selection, sector and industry weightings are primarily the residual of bottom-up stock selection.

C000039494 Costs and Fees

C000039494 costs about $86 per $10,000 invested per year in fund expenses.

Net expense ratio: 0.86%
Gross expense ratio: 0.86%
Portfolio turnover: 24%
Brokerage commissions: 3.14 bps of average net assets (SEC N-CEN)

C000039494 Cashflows

Over the 12 months to 2020-03, JNL/PPM America Value Equity Fund had net outflows of $13.47M, from monthly SEC N-PORT filings.

Month	Net flow
2020-03	−$1.68M
2020-02	−$3.94M
2020-01	−$2.27M
2019-12	−$2.63M
2019-11	−$1.15M
2019-10	−$1.42M

C000039494 Debt Constituents

No individual debt constituents are reported in JNL/PPM America Value Equity Fund's latest SEC N-PORT filing.

C000039494 Prospectus and SEC Filings

Official JNL/PPM America Value Equity Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

Related Funds

Other United States Value 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.