C000067951 Fees and Costs — JNL/Goldman Sachs Emerging Markets Debt Fund, Class I
Data updated: 2020-05-28
The net expense ratio is 0.78%: a 0.62% management fee plus 0.15% other expenses. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $13K in broker commissions, 0.0046% of average net assets, and portfolio turnover was 85%.
C000067951 Fees and Expenses
Annual operating expenses and sales charges of C000067951. Prospectus, as of April 30, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.62% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.15% |
| Gross expense ratio | 0.78% |
| Fee waiver | — |
| Net expense ratio | 0.78% |
| 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 |
C000067951 Costs Over Time
On $10,000 invested in C000067951, assuming 5% a year before costs, total costs come to $493 over 5 years, cutting the return by 0.82% 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 0.78%) | $82 | $256 | $445 |
| Trading costs (broker commissions) | $0 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $13 | $45 |
| Total costs | $82 | $270 | $493 |
| Value after costs | $10,418 | $11,306 | $12,270 |
| Impact on return, per year | 0.82% | 0.82% | 0.82% |
C000067951 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): 0.0046%
- Total broker commissions: $13K
- Bought from dealers (principal trades, not a cost): $1.3B
- Portfolio turnover (prospectus): 85%
- Securities on loan, average value: $1.7M
- Net income from securities lending: $16K (0.006% of average net assets)
C000067951 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CitiGroup Global Markets, Inc. | $9K | 67.53% |
| J.P. MORGAN SECURITIES, INC. | $3K | 24.81% |
| CITIBANK, INC. | $640 | 5.02% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $88 | 0.69% |
| Deutsche Bank Securities, Inc | $67 | 0.53% |
| Citadel Securities Institutional LLC | $61 | 0.48% |
| Nomura Securities International, Inc. | $60 | 0.47% |
| Morgan Stanley & Co, Inc | $46 | 0.36% |
| RBS | $8 | 0.07% |
| Credit Suisse | $5 | 0.04% |
C000067951 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jackson National Asset Management, LLC | $728.7M | 63.74% |
| Barclays PLC | $126.4M | 11.06% |
| J.P. MORGAN SECURITIES, INC. | $66.9M | 5.85% |
| HSBC Securities (USA) Inc. | $50.8M | 4.44% |
| J.P. MORGAN | $46.1M | 4.04% |
| CitiGroup Global Markets, Inc. | $40.1M | 3.51% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $26.8M | 2.34% |
| Morgan Stanley & Co, Inc | $22.7M | 1.99% |
| ING BANK | $19.8M | 1.73% |
| Deutsche Bank Securities, Inc | $15.0M | 1.31% |
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.