JNL/WCM Focused International Equity Fund
Data updated: 2020-05-28
C000130225 — JNL/WCM Focused International Equity Fund. Emerging Markets Blend / Core Equity · $1.43B AUM. Holdings, fees, performance and SEC filings.
C000130225 Fund Overview
JNL/WCM Focused International Equity Fund is a US mutual fund managed by Jackson Variable Series Trust, categorised as Emerging Markets Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Jackson Variable Series Trust
- Category: Emerging Markets Blend / Core Equity
- Assets under management: $1.43B
- SEC CIK: 0001532747
- SEC series ID: S000041931
- Share class ID: C000130225
C000130225 Investment Objective and Strategy
JNL/WCM Focused International Equity Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Jackson Variable Series Trust.
Investment objective
The investment objective of the JNL/WCM Focused International Equity Fund (the Fund) is to seek long-term capital appreciation by investing primarily in companies located outside of the United States.
Principal investment strategy
The Fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its assets (net assets plus the amount of any borrowings made for investment purposes) in equity securities. The Funds investments in equity securities may include common stocks, preferred stocks and warrants. The Fund invests primarily in equity securities or depositary receipts of non-U.S. domiciled companies located in developed countries, but may also invest in emerging markets and less developed countries. The Funds investments in depositary receipts may include American Depositary Receipts (ADRs). ADRs are receipts that represent interests in foreign securities held on deposit by U.S. banks. WCM Investment Management, the Funds sub-adviser (the Sub-Adviser), uses a bottom-up approach that seeks to identify companies with attractive fundamentals, such as long-term growth in revenue and earnings, and that show a high probability for superior future growth.
The Sub-Advisers investment process focuses on seeking industry leading companies that the Sub-Adviser believes possess growing competitive advantages; corporate cultures emphasizing strong, quality and experienced management; low or no debt; and attractive relative valuations. The Sub-Adviser also considers other factors in selecting securities, including political risk, monetary policy risk, and regulatory risk. Although the Fund may invest in companies in any capitalization range, it will generally invest in large, established multinational companies. The Fund generally will invest in securities of companies located in different regions and in at least three different countries. From time to time, the Fund may have a significant portion of its assets invested in the securities of companies in one or a few countries or regions.
The Sub-Adviser will generally reduce position size in the portfolio based on individual holding size, industry/sector weight, as well as other relevant factors. When performing a fundamental analysis, the Sub-Adviser views valuation as the most significant factor in managing position size. The key factors that the Sub-Adviser considers when determining whether to sell out of a position completely are its evaluation(s) of whether a companys competitive advantage is deteriorating or no longer expanding; there are more attractive names in an essentially similar industry; a companys leadership is not performing as expected; a companys culture is challenged; it deems valuation to be excessive; and/or there is material geopolitical or currency risk.
C000130225 Costs and Fees
C000130225 costs about $113 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.13%
- Gross expense ratio: 1.13%
- Portfolio turnover: 22%
- Brokerage commissions: 5.47 bps of average net assets (SEC N-CEN)
C000130225 Cashflows
Over the 12 months to 2020-03, JNL/WCM Focused International Equity Fund had net inflows of $193.74M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2020-03 | −$6.47M |
| 2020-02 | −$16.59M |
| 2020-01 | $13.03M |
| 2019-12 | $74.47M |
| 2019-11 | $9.94M |
| 2019-10 | $87.20M |
C000130225 Debt Constituents
No individual debt constituents are reported in JNL/WCM Focused International Equity Fund's latest SEC N-PORT filing.
C000130225 Prospectus and SEC Filings
Official JNL/WCM Focused International Equity Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2019-05-15
- Prospectus (485BPOS) — filed 2018-05-16
- Prospectus (485BPOS) — filed 2017-10-11
- Portfolio holdings (N-PORT) — filed 2020-05-28
- Portfolio holdings (N-PORT) — filed 2020-02-28
- Portfolio holdings (N-PORT) — filed 2019-11-27
- Annual census (N-CEN) — filed 2019-03-15
- Annual census, amended (N-CEN/A) — filed 2020-03-16
Related Funds
Other Emerging Markets Blend / Core 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.