JNL/PPM America Mid Cap Value Fund

Data updated: 2020-05-28

C000068016 — JNL/PPM America Mid Cap Value Fund. United States Mid Cap Value Equity · $319.78M AUM. Holdings, fees, performance and SEC filings.

C000068016 Fund Overview

JNL/PPM America Mid Cap Value Fund is a US mutual fund managed by JNL Series Trust, categorised as United States Mid Cap Value 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 Mid Cap Value Equity
Assets under management: $319.78M
SEC CIK: 0000933691
SEC series ID: S000020933
Share class ID: C000068016

C000068016 Investment Objective and Strategy

JNL/PPM America Mid Cap Value 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 is long-term growth of capital.

Principal investment strategy

The Fund seeks to achieve its objective by investing, primarily, at least 80% of its assets (net assets plus the amount of any borrowings made for investment purposes) in a diversified portfolio of equity securities of U.S. companies with market capitalizations within the range of companies constituting the Russell MidCap Index (Index) under normal market conditions at the time of initial purchase. The market capitalization range of the Index will vary with market conditions over time, and was $1.1 billion to $ 36.7 billion as of December 31, 2017 . If the market capitalization of a company held by the Fund moves outside the then-current Index range, the Fund may, but is not required to, sell such companys securities. Equity securities include common and preferred stocks and securities with economic characteristics similar to those of common stocks, such as rights and warrants.

PPM America, Inc. (Sub-Adviser) employs a value investing style that seeks to uncover investment opportunities that trade at significant discounts relative to the market. The Sub-Adviser utilizes fundamental research with a focus on bottom up security selection using a range of quantitative and qualitative factors. These factors include a companys financial condition, competitive position and management team strength. The investment process is focused on appraising companies rather than forecasting earnings. This process involves understanding the reasons why securities are undervalued and identifying potential for positive change. With a focus on security selection, sector and industry weightings are primarily the residual of bottom-up stock selection.

C000068016 Costs and Fees

C000068016 costs about $67 per $10,000 invested per year in fund expenses.

Net expense ratio: 0.67%
Gross expense ratio: 0.67%
Portfolio turnover: 29%
Brokerage commissions: 6.94 bps of average net assets (SEC N-CEN)

C000068016 Cashflows

Over the 12 months to 2020-03, JNL/PPM America Mid Cap Value Fund had net outflows of $91.15M, from monthly SEC N-PORT filings.

Month	Net flow
2020-03	−$8.13M
2020-02	−$8.80M
2020-01	−$5.64M
2019-12	−$5.93M
2019-11	−$1.31M
2019-10	−$6.52M

C000068016 Debt Constituents

No individual debt constituents are reported in JNL/PPM America Mid Cap Value Fund's latest SEC N-PORT filing.

C000068016 Prospectus and SEC Filings

Official JNL/PPM America Mid Cap Value Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

Related Funds

Other United States Mid Cap Value 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.