JNL/Mellon Capital International Index Fund
Data updated: 2026-08-26
C000067971 — JNL/Mellon Capital International Index Fund. United States Multi-Cap / All-Cap Blend / Core Equity. Holdings, fees, performance and SEC filings.
C000067971 Fund Overview
JNL/Mellon Capital International Index Fund is a US mutual fund managed by JNL Series Trust, categorised as United States Multi-Cap / All-Cap Blend / Core 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 Multi-Cap / All-Cap Blend / Core Equity
- Assets under management: $3.08B
- 1-year return: 20.2%
- SEC CIK: 0000933691
- SEC series ID: S000001730
- Share class ID: C000067971
C000067971 Investment Objective and Strategy
JNL/Mellon Capital International Index 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 (Fund or Feeder Fund) is to track the performance of the Morningstar Developed Markets ex-North America Target Market Exposure Index SM (Net) (Index) to provide long-term capital growth by investing in international equity securities through exclusive investment in shares of the JNL International Index Fund (Master Fund).
Principal investment strategy
The Fund operates as a feeder fund and seeks to achieve its goal by investing all of its assets in Class I shares of the Master Fund. The Master Fund invests under normal circumstances at least 80% of its assets (net assets plus the amount of any borrowings for investment purposes) in the stocks included in the Index or derivative securities economically related to the Index. The Master Fund seeks to track the performance and characteristics of the Index, a rules-based, float market capitalization-weighted index designed to cover 85% of the equity float-adjusted market capitalization of the Developed Markets ex-North America equity markets. As of December 31, 2025, the Index included equities listed in Austria, Australia, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, Great Britain, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, Norway, New Zealand, Poland, Portugal, Sweden, Singapore, and the U.S.
(non-U.S. entities that are listed in the U.S.). The Index is reconstituted semiannually and implemented after the close of business on the third Friday of June and December and is effective the following Monday. The Index is rebalanced quarterly and implemented after the close of business on the third Friday of March, June, September, and December and is effective the following Monday. As of December 31, 2025, the Index had 650 constituents and the full market capitalization range was $463 million to $420 billion. The number of securities is not fixed and can vary from reconstitution to reconstitution. To implement this strategy, the Master Fund may invest up to 50% of its net asset value in financial futures, a type of derivative, to obtain exposure to a variety of underlying assets, to provide liquidity for cash flows, to hedge dividend accruals or for other purposes that facilitate meeting the Master Funds objective.
In addition, the Master Fund may use foreign currency forward contracts, a type of derivative, to maintain the approximate currency exposure of the Index. The Master Funds use of financial futures and foreign currency forward contracts is intended to assist replicating the investment performance of the Index. The Master Fund may also invest in a combination of exchange-traded funds (ETFs) and cash to maintain correlation to its Index, to assist with Index rebalances, and to meet redemption or purchase requests. The Master Fund employs a passive investment approach, called indexing, which attempts to replicate the investment performance of the Index through representative sampling. The Master Fund does not employ traditional methods of active investment management, which involves the buying and selling of securities based upon security analysis.
Indexing may offer a cost-effective approach to gaining diversified market exposure over the long term. The Master Funds holdings are rebalanced on a quarterly basis to reflect changes in the composition of the Index.
C000067971 Holdings
Top 1 holdings of JNL/Mellon Capital International Index Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| JNL International Index Fund | 100.05% |
C000067971 Portfolio Allocation
Asset-class allocation of JNL/Mellon Capital International Index Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 100.0% |
C000067971 Performance
Total returns for C000067971 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 9.3% |
| 1 year | 20.2% |
| 3 years (annualised) | 16.2% |
| 5 years (annualised) | 9.0% |
C000067971 Risk Information
Risk metrics for C000067971, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 13.8%
C000067971 Costs and Fees
C000067971 costs about $31 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.31%
- Gross expense ratio: 0.51%
- Portfolio turnover: 15%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
C000067971 Cashflows
Over the 12 months to 2026-06, JNL/Mellon Capital International Index Fund had net outflows of $458.52M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$35.75M |
| 2026-05 | −$37.70M |
| 2026-04 | −$40.63M |
| 2026-03 | −$49.66M |
| 2026-02 | −$16.68M |
| 2026-01 | −$81.16M |
C000067971 Debt Constituents
No individual debt constituents are reported in JNL/Mellon Capital International Index Fund's latest SEC N-PORT filing.
C000067971 Prospectus and SEC Filings
Official JNL/Mellon Capital International Index Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-23
- Prospectus (485BPOS) — filed 2025-04-24
- Prospectus (485BPOS) — filed 2024-04-26
- Portfolio holdings (N-PORT) — filed 2026-08-26
- Portfolio holdings (N-PORT) — filed 2026-05-28
- Portfolio holdings (N-PORT) — filed 2026-02-25
- Annual census (N-CEN) — filed 2026-03-12
- Annual census (N-CEN) — filed 2025-03-14
Related Funds
Other United States Multi-Cap / All-Cap Blend / Core 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.