C000124096 Fees and Costs — JNL/Mellon Utilities Sector Fund, Class I
Data updated: 2026-08-26
The net expense ratio is 0.30%: a 0.19% management fee plus 0.16% other expenses, less a 0.05% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $26K in broker commissions, 0.0039% of average net assets, and portfolio turnover was 28%.
C000124096 Fees and Expenses
Annual operating expenses and sales charges of C000124096. Prospectus, as of April 23, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.19% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.16% |
| Gross expense ratio | 0.35% |
| Fee waiver | −0.05% |
| Net expense ratio | 0.30% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000124096 Costs Over Time
On $10,000 invested in C000124096, assuming 5% a year before costs, total costs come to $193 over 5 years, cutting the return by 0.32% 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 0.30%) | $32 | $99 | $173 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $5 | $18 |
| Total costs | $32 | $105 | $193 |
| Value after costs | $10,468 | $11,471 | $12,570 |
| Impact on return, per year | 0.32% | 0.32% | 0.32% |
C000124096 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0039%
- Total broker commissions: $26K
- Bought from dealers (principal trades, not a cost): $573.0M
- Portfolio turnover (prospectus): 28%
- Securities on loan, average value: $1.2M
- Net income from securities lending: $2K (0.000% of average net assets)
C000124096 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $7K | 25.94% |
| Banc of America Securities | $4K | 17.17% |
| J.P. Morgan Securities LLC | $4K | 15.71% |
| CitiGroup Global Markets, Inc. | $3K | 11.00% |
| Morgan Stanley & Co, Inc | $3K | 10.43% |
| UBS Securities LLC | $2K | 7.43% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $1K | 4.13% |
| Piper Jaffray Companies | $1K | 3.88% |
| Instinet, LLC | $858 | 3.29% |
| SG Americas Securities, LLC | $265 | 1.02% |
C000124096 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jackson National Asset Management, LLC | $429.9M | 75.02% |
| Goldman Sachs & Co. LLC | $124.8M | 21.78% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $13.7M | 2.40% |
| Barclays PLC | $2.7M | 0.47% |
| Morgan Stanley & Co, Inc | $1.3M | 0.24% |
| MacQuarie Capital Inc. | $563K | 0.10% |
JNL/Mellon Utilities Sector Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000124096 | Class I | 0.30% | — |
| C000124095 | Class A | 0.65% | — |
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.