C000068004 Fees and Costs — JNL/PPM America Value Equity Fund, Class I
Data updated: 2020-05-28
The net expense ratio is 0.56%: a 0.45% management fee plus 0.11% other expenses. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $61K in broker commissions, 0.0314% of average net assets, and portfolio turnover was 24%.
C000068004 Fees and Expenses
Annual operating expenses and sales charges of C000068004. Prospectus, as of April 30, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.11% |
| Gross expense ratio | 0.56% |
| Fee waiver | — |
| Net expense ratio | 0.56% |
| 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 |
C000068004 Costs Over Time
On $10,000 invested in C000068004, assuming 5% a year before costs, total costs come to $373 over 5 years, cutting the return by 0.62% 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 0.56%) | $59 | $184 | $321 |
| Trading costs (broker commissions) | $3 | $10 | $18 |
| Lost growth on money paid in costs | $0 | $10 | $34 |
| Total costs | $62 | $204 | $373 |
| Value after costs | $10,438 | $11,372 | $12,390 |
| Impact on return, per year | 0.62% | 0.62% | 0.62% |
C000068004 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): 0.0314%
- Total broker commissions: $61K
- Bought from dealers (principal trades, not a cost): $63.9M
- Portfolio turnover (prospectus): 24%
- Securities on loan, average value: $355K
- Net income from securities lending: $3K (0.001% of average net assets)
C000068004 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Robert W. Baird & Co. | $7K | 16.29% |
| "CIS Financial Services, Inc. ""CIS""" | $7K | 15.58% |
| Credit Suisse | $5K | 12.32% |
| CitiGroup Global Markets, Inc. | $4K | 9.09% |
| Jefferies Group | $4K | 8.44% |
| Sanford C. Bernstein & Co., LLC | $4K | 8.42% |
| Wells Fargo Securities, LLC | $4K | 8.29% |
| KeyBanc Capital Markets Inc. | $3K | 7.87% |
| Evercore ISI Group | $3K | 7.18% |
| J.P. MORGAN | $3K | 6.51% |
C000068004 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jackson National Asset Management, LLC | $63.9M | 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.