C000067958 Fees and Costs — JNL/RAFI Fundamental Europe Fund, Class A
Data updated: 2021-05-27
The net expense ratio is 0.69%: a 0.19% management fee, a 0.30% 12b-1 fee plus 0.20% other expenses. There are no sales loads or redemption fees. In fiscal 2020 the fund paid $26K in broker commissions, 0.0103% of average net assets, and portfolio turnover was 137%.
C000067958 Fees and Expenses
Annual operating expenses and sales charges of C000067958. Prospectus, as of April 30, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.19% |
| 12b-1 fee | 0.30% |
| Other expenses | 0.20% |
| Gross expense ratio | 0.69% |
| Fee waiver | — |
| Net expense ratio | 0.69% |
| 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 |
C000067958 Costs Over Time
On $10,000 invested in C000067958, assuming 5% a year before costs, total costs come to $441 over 5 years, cutting the return by 0.74% 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 0.69%) | $72 | $227 | $394 |
| Trading costs (broker commissions) | $1 | $3 | $6 |
| Lost growth on money paid in costs | $0 | $11 | $40 |
| Total costs | $74 | $242 | $441 |
| Value after costs | $10,426 | $11,335 | $12,322 |
| Impact on return, per year | 0.74% | 0.74% | 0.74% |
C000067958 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): 0.0103%
- Total broker commissions: $26K
- Bought from dealers (principal trades, not a cost): $46.1M
- Portfolio turnover (prospectus): 137%
- Securities on loan, average value: $4.5M
- Net income from securities lending: $123K (0.049% of average net assets)
C000067958 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Mizuho Securities | $6K | 23.59% |
| UBS Limited | $5K | 18.74% |
| CitiGroup Global Markets, Inc. | $4K | 17.19% |
| SG Americas Securities, LLC | $4K | 17.18% |
| Goldman Sachs & Co. LLC | $3K | 13.59% |
| HSBC Securities (USA) Inc. | $1K | 4.54% |
| Credit Suisse | $691 | 2.69% |
| J.P. MORGAN SECURITIES, INC. | $226 | 0.88% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $221 | 0.86% |
| J.P. MORGAN | $187 | 0.73% |
C000067958 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jackson National Asset Management, LLC | $41.3M | 89.68% |
| Goldman Sachs & Co. LLC | $4.0M | 8.57% |
| Credit Suisse | $705K | 1.53% |
| STATE STREET BROKERAGE SERVICES, INC. | $101K | 0.22% |
| Mizuho Securities | $8 | 0.00% |
| CLSA Ltd. | $7 | 0.00% |
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.