C000068002 Fees and Costs — JNL/Franklin Templeton Global Fund, Class I
Data updated: 2020-05-28
The net expense ratio is 0.72%: a 0.56% management fee plus 0.15% other expenses. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $265K in broker commissions, 0.0418% of average net assets, and portfolio turnover was 31%.
C000068002 Fees and Expenses
Annual operating expenses and sales charges of C000068002. Prospectus, as of April 30, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.56% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.15% |
| Gross expense ratio | 0.72% |
| Fee waiver | — |
| Net expense ratio | 0.72% |
| 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 |
C000068002 Costs Over Time
On $10,000 invested in C000068002, assuming 5% a year before costs, total costs come to $479 over 5 years, cutting the return by 0.80% 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 0.72%) | $76 | $236 | $411 |
| Trading costs (broker commissions) | $4 | $14 | $24 |
| Lost growth on money paid in costs | $0 | $12 | $44 |
| Total costs | $80 | $263 | $479 |
| Value after costs | $10,420 | $11,314 | $12,284 |
| Impact on return, per year | 0.80% | 0.80% | 0.80% |
C000068002 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): 0.0418%
- Total broker commissions: $265K
- Bought from dealers (principal trades, not a cost): $260.3M
- Portfolio turnover (prospectus): 31%
- Securities on loan, average value: $16.9M
- Net income from securities lending: $253K (0.040% of average net assets)
C000068002 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $24K | 14.51% |
| Royal Bank of Canada | $20K | 11.86% |
| CitiGroup Global Markets, Inc. | $18K | 10.93% |
| Goldman Sachs & Co. LLC | $17K | 10.40% |
| J.P. MORGAN | $17K | 10.16% |
| Morgan Stanley & Co, Inc | $16K | 9.90% |
| Investment Technology Group Inc. | $15K | 9.21% |
| HSBC Securities (USA) Inc. | $13K | 8.05% |
| JEFFERIES BACHE SECURITIES, LLC | $13K | 7.53% |
| J.P. MORGAN SECURITIES, INC. | $12K | 7.44% |
C000068002 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jackson National Asset Management, LLC | $253.0M | 97.19% |
| J.P. MORGAN | $7.1M | 2.74% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $184K | 0.07% |
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.