C000068016 Fees and Costs — JNL/PPM America Mid Cap Value Fund, Class I
Data updated: 2020-05-28
The net expense ratio is 0.67%: a 0.56% management fee plus 0.11% other expenses. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $386K in broker commissions, 0.0694% of average net assets, and portfolio turnover was 29%.
C000068016 Fees and Expenses
Annual operating expenses and sales charges of C000068016. Prospectus, as of April 30, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.56% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.11% |
| Gross expense ratio | 0.67% |
| Fee waiver | — |
| Net expense ratio | 0.67% |
| 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 |
C000068016 Costs Over Time
On $10,000 invested in C000068016, assuming 5% a year before costs, total costs come to $465 over 5 years, cutting the return by 0.78% 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 0.67%) | $70 | $220 | $383 |
| Trading costs (broker commissions) | $7 | $23 | $40 |
| Lost growth on money paid in costs | $0 | $12 | $43 |
| Total costs | $78 | $255 | $465 |
| Value after costs | $10,422 | $11,321 | $12,298 |
| Impact on return, per year | 0.78% | 0.78% | 0.78% |
C000068016 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): 0.0694%
- Total broker commissions: $386K
- Bought from dealers (principal trades, not a cost): $188.9M
- Portfolio turnover (prospectus): 29%
- Securities on loan, average value: $5.6M
- Net income from securities lending: $19K (0.003% of average net assets)
C000068016 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| "CIS Financial Services, Inc. ""CIS""" | $60K | 21.86% |
| CitiGroup Global Markets, Inc. | $31K | 11.38% |
| Wells Fargo Securities, LLC | $28K | 10.40% |
| Robert W. Baird & Co. | $27K | 9.80% |
| UBS Limited | $25K | 9.27% |
| Liquidnet, Inc. | $25K | 9.23% |
| Barclays PLC | $22K | 8.04% |
| Evercore ISI Group | $21K | 7.60% |
| Jefferies Group | $20K | 7.16% |
| Cowen and Company, LLC | $14K | 5.28% |
C000068016 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jackson National Asset Management, LLC | $188.9M | 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.