C000064657 Fees and Costs — JNL/Mellon Communication Services Sector Fund, Class I
Data updated: 2020-05-28
The net expense ratio is 0.33%: a 0.22% management fee plus 0.16% other expenses, less a 0.05% fee waiver. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $16K in broker commissions, 0.0111% of average net assets, and portfolio turnover was 110%.
C000064657 Fees and Expenses
Annual operating expenses and sales charges of C000064657. Prospectus, as of April 30, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.22% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.16% |
| Gross expense ratio | 0.38% |
| Fee waiver | −0.05% |
| Net expense ratio | 0.33% |
| 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 |
C000064657 Costs Over Time
On $10,000 invested in C000064657, assuming 5% a year before costs, total costs come to $216 over 5 years, cutting the return by 0.36% 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 0.33%) | $35 | $109 | $190 |
| Trading costs (broker commissions) | $1 | $4 | $6 |
| Lost growth on money paid in costs | $0 | $6 | $20 |
| Total costs | $36 | $118 | $216 |
| Value after costs | $10,464 | $11,458 | $12,547 |
| Impact on return, per year | 0.36% | 0.36% | 0.36% |
C000064657 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): 0.0111%
- Total broker commissions: $16K
- Bought from dealers (principal trades, not a cost): $42.9M
- Portfolio turnover (prospectus): 110%
- Securities on loan, average value: $3.4M
- Net income from securities lending: $28K (0.019% of average net assets)
C000064657 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| KCG Holdings | $3K | 18.18% |
| UBS Securities LLC | $2K | 16.59% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $2K | 15.10% |
| Cantor Fitzgerald Europe | $2K | 10.89% |
| Goldman Sachs & Co. LLC | $2K | 10.22% |
| Liquidnet, Inc. | $1K | 7.50% |
| JP Morgan Securities Inc. | $936 | 6.31% |
| Investment Technology Group Inc. | $830 | 5.60% |
| CitiGroup Global Markets, Inc. | $787 | 5.31% |
| Credit Suisse | $640 | 4.31% |
C000064657 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $42.9M | 100.00% |
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.