C000108980 Fees and Costs — JNL iShares Tactical Moderate Fund, Class A
Data updated: 2020-05-29
The net expense ratio is 0.84%. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $10K in broker commissions, 0.0072% of average net assets, and portfolio turnover was 43%.
C000108980 Fees and Expenses
Annual operating expenses and sales charges of C000108980. Prospectus, as of April 30, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.20% |
| 12b-1 fee | 0.30% |
| Other expenses | 0.15% |
| Gross expense ratio | 0.84% |
| Fee waiver | — |
| Net expense ratio | 0.84% |
| 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 |
C000108980 Costs Over Time
On $10,000 invested in C000108980, assuming 5% a year before costs, total costs come to $532 over 5 years, cutting the return by 0.89% 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 0.84%) | $88 | $276 | $479 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $0 | $14 | $49 |
| Total costs | $89 | $292 | $532 |
| Value after costs | $10,411 | $11,285 | $12,231 |
| Impact on return, per year | 0.89% | 0.89% | 0.89% |
C000108980 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): 0.0072%
- Total broker commissions: $10K
- Bought from dealers (principal trades, not a cost): $94.4M
- Portfolio turnover (prospectus): 43%
- Securities on loan, average value: $9.7M
- Net income from securities lending: $145K (0.101% of average net assets)
C000108980 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Cantor Fitzgerald Europe | $5K | 50.00% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $2K | 20.01% |
| Jane Street Execuion Services, LLC | $2K | 19.12% |
| J.P. MORGAN CLEARING CORP. | $335 | 3.30% |
| CitiGroup Global Markets, Inc. | $264 | 2.59% |
| KCG Holdings | $188 | 1.85% |
| UBS Limited | $175 | 1.72% |
| Investment Technology Group Inc. | $71 | 0.69% |
| Credit Suisse | $39 | 0.39% |
| Goldman Sachs & Co. LLC | $33 | 0.32% |
C000108980 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jackson National Asset Management, LLC | $94.4M | 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.