C000130225 Fees and Costs — JNL/WCM Focused International Equity Fund, Class A
Data updated: 2020-05-28
The net expense ratio is 1.13%: a 0.67% management fee, a 0.30% 12b-1 fee plus 0.15% other expenses. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $792K in broker commissions, 0.0547% of average net assets, and portfolio turnover was 22%.
C000130225 Fees and Expenses
Annual operating expenses and sales charges of C000130225. Prospectus, as of April 30, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.67% |
| 12b-1 fee | 0.30% |
| Other expenses | 0.15% |
| Gross expense ratio | 1.13% |
| Fee waiver | — |
| Net expense ratio | 1.13% |
| 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 |
C000130225 Costs Over Time
On $10,000 invested in C000130225, assuming 5% a year before costs, total costs come to $738 over 5 years, cutting the return by 1.24% 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 1.13%) | $119 | $369 | $640 |
| Trading costs (broker commissions) | $6 | $18 | $31 |
| Lost growth on money paid in costs | $0 | $19 | $68 |
| Total costs | $124 | $407 | $738 |
| Value after costs | $10,376 | $11,170 | $12,025 |
| Impact on return, per year | 1.24% | 1.24% | 1.24% |
C000130225 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): 0.0547%
- Total broker commissions: $792K
- Bought from dealers (principal trades, not a cost): $674.1M
- Portfolio turnover (prospectus): 22%
- Securities on loan, average value: $21.3M
- Net income from securities lending: $115K (0.008% of average net assets)
C000130225 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Carnegie Inc | $118K | 17.95% |
| Banc of America Securities | $95K | 14.43% |
| Sanford C. Bernstein & Co., LLC | $78K | 11.95% |
| J.P. MORGAN | $75K | 11.46% |
| Berenberg Capital Markets LLC | $65K | 9.86% |
| Commerzbank Capital Markets Corp | $58K | 8.77% |
| Liquidnet, Inc. | $57K | 8.66% |
| Goldman Sachs & Co. LLC | $51K | 7.79% |
| Morgan Stanley & Co, Inc | $32K | 4.91% |
| Jefferies Group | $28K | 4.23% |
C000130225 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jackson National Asset Management, LLC | $673.4M | 99.88% |
| Credit Suisse | $777K | 0.12% |
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.