C000054122 Fees and Costs — JNL/Franklin Templeton International Small Cap Fund, Class A
Data updated: 2021-05-27
The net expense ratio is 1.26%: a 0.79% management fee, a 0.30% 12b-1 fee plus 0.16% other expenses. There are no sales loads or redemption fees. In fiscal 2020 the fund paid $336K in broker commissions, 0.0716% of average net assets, and portfolio turnover was 26%.
C000054122 Fees and Expenses
Annual operating expenses and sales charges of C000054122. Prospectus, as of April 30, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.79% |
| 12b-1 fee | 0.30% |
| Other expenses | 0.16% |
| Gross expense ratio | 1.26% |
| Fee waiver | — |
| Net expense ratio | 1.26% |
| 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 |
C000054122 Costs Over Time
On $10,000 invested in C000054122, assuming 5% a year before costs, total costs come to $827 over 5 years, cutting the return by 1.40% 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 1.26%) | $132 | $411 | $711 |
| Trading costs (broker commissions) | $8 | $23 | $40 |
| Lost growth on money paid in costs | $0 | $22 | $76 |
| Total costs | $140 | $456 | $827 |
| Value after costs | $10,360 | $11,120 | $11,935 |
| Impact on return, per year | 1.40% | 1.40% | 1.40% |
C000054122 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.0716%
- Total broker commissions: $336K
- Bought from dealers (principal trades, not a cost): $223.0M
- Portfolio turnover (prospectus): 26%
- Securities on loan, average value: $20.3M
- Net income from securities lending: $154K (0.033% of average net assets)
C000054122 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN | $31K | 19.09% |
| Investment Technology Group Inc. | $23K | 14.68% |
| Credit Suisse | $18K | 11.53% |
| Sanford C. Bernstein & Co., LLC | $14K | 9.01% |
| BNP Paribas Securities | $14K | 8.94% |
| Numis Securities Inc | $13K | 8.12% |
| Goldman Sachs & Co. LLC | $13K | 7.88% |
| Exane Inc. | $11K | 7.07% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $11K | 7.04% |
| India Infoline | $11K | 6.64% |
C000054122 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jackson National Asset Management, LLC | $214.6M | 96.25% |
| Numis Securities Inc | $1.8M | 0.81% |
| JEFFERIES BACHE SECURITIES, LLC | $1.7M | 0.77% |
| MacQuarie Capital Inc. | $1.4M | 0.61% |
| Credit Suisse | $1.2M | 0.53% |
| BNP Paribas Securities | $1.0M | 0.46% |
| PEEL HUNT INCORPORATED | $842K | 0.38% |
| Investment Technology Group Inc. | $451K | 0.20% |
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.