C000068011 Fees and Costs — JNL/Invesco China-India Fund, Class I
Data updated: 2020-05-28
The net expense ratio is 0.93%: a 0.74% management fee plus 0.19% other expenses. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $906K in broker commissions, 0.1674% of average net assets, and portfolio turnover was 30%.
C000068011 Fees and Expenses
Annual operating expenses and sales charges of C000068011. Prospectus, as of April 30, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.74% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.19% |
| Gross expense ratio | 0.93% |
| Fee waiver | — |
| Net expense ratio | 0.93% |
| 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 |
C000068011 Costs Over Time
On $10,000 invested in C000068011, assuming 5% a year before costs, total costs come to $685 over 5 years, cutting the return by 1.15% 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 0.93%) | $98 | $304 | $527 |
| Trading costs (broker commissions) | $18 | $55 | $95 |
| Lost growth on money paid in costs | $0 | $18 | $63 |
| Total costs | $115 | $377 | $685 |
| Value after costs | $10,385 | $11,199 | $12,078 |
| Impact on return, per year | 1.15% | 1.15% | 1.15% |
C000068011 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): 0.1674%
- Total broker commissions: $906K
- Bought from dealers (principal trades, not a cost): $322.6M
- Portfolio turnover (prospectus): 30%
- Securities on loan, average value: $12.5M
- Net income from securities lending: $103K (0.019% of average net assets)
C000068011 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co, Inc | $83K | 13.81% |
| MacQuarie Capital Inc. | $76K | 12.55% |
| HSBC Securities (USA) Inc. | $73K | 12.03% |
| UBS Limited | $68K | 11.23% |
| CitiGroup Global Markets, Inc. | $62K | 10.27% |
| Credit Suisse | $57K | 9.47% |
| J.P. MORGAN | $50K | 8.33% |
| Axis Capital Limited | $49K | 8.09% |
| Batlivala & Karani Securities India Pvt. Ltd. | $43K | 7.16% |
| MOTILAL OSWAL SECURITIES INTERNATIONAL PRIVATE LIMITED | $42K | 7.03% |
C000068011 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jackson National Asset Management, LLC | $322.6M | 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.