C000130226 Fees and Costs — JNL/The London Company Focused U.S. Equity Fund, Class A
Data updated: 2020-05-28
The net expense ratio is 1.05%: a 0.58% management fee, a 0.30% 12b-1 fee plus 0.16% other expenses. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $22K in broker commissions, 0.0298% of average net assets, and portfolio turnover was 11%.
C000130226 Fees and Expenses
Annual operating expenses and sales charges of C000130226. Prospectus, as of April 30, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.58% |
| 12b-1 fee | 0.30% |
| Other expenses | 0.16% |
| Gross expense ratio | 1.05% |
| Fee waiver | — |
| Net expense ratio | 1.05% |
| 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 |
C000130226 Costs Over Time
On $10,000 invested in C000130226, assuming 5% a year before costs, total costs come to $674 over 5 years, cutting the return by 1.13% 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 1.05%) | $110 | $344 | $596 |
| Trading costs (broker commissions) | $3 | $10 | $17 |
| Lost growth on money paid in costs | $0 | $18 | $62 |
| Total costs | $113 | $371 | $674 |
| Value after costs | $10,387 | $11,205 | $12,088 |
| Impact on return, per year | 1.13% | 1.13% | 1.13% |
C000130226 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): 0.0298%
- Total broker commissions: $22K
- Bought from dealers (principal trades, not a cost): $41.2M
- Portfolio turnover (prospectus): 11%
- Securities on loan, average value: $1.2M
- Net income from securities lending: $3K (0.004% of average net assets)
C000130226 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Capital Institutional Services Inc. | $9K | 42.63% |
| Cantor Fitzgerald Europe | $3K | 13.41% |
| JonesTrading Institutional Services, LLC | $3K | 13.33% |
| Sanford C. Bernstein & Co., LLC | $3K | 13.16% |
| UBS Limited | $3K | 12.11% |
| Robert W. Baird & Co. | $570 | 2.61% |
| The Interstate Group (Hilltop Securities) | $246 | 1.13% |
| Strategas Research Partners LLC | $182 | 0.83% |
| Piper Jaffray Companies | $168 | 0.77% |
C000130226 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jackson National Asset Management, LLC | $41.2M | 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.