C000138277 Fees and Costs — JNL/JPMorgan Global Allocation Fund, Class I
Data updated: 2026-05-28
The net expense ratio is 0.76% (0.78% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $313K in broker commissions, 0.0349% of average net assets, and portfolio turnover was 100%.
C000138277 Fees and Expenses
Annual operating expenses and sales charges of C000138277. Prospectus, as of April 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.16% |
| Gross expense ratio | 0.78% |
| Fee waiver | −0.02% |
| Net expense ratio | 0.76% |
| 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 |
C000138277 Costs Over Time
On $10,000 invested in C000138277, assuming 5% a year before costs, total costs come to $499 over 5 years, cutting the return by 0.83% 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 0.76%) | $80 | $250 | $434 |
| Trading costs (broker commissions) | $4 | $11 | $20 |
| Lost growth on money paid in costs | $0 | $13 | $46 |
| Total costs | $83 | $274 | $499 |
| Value after costs | $10,417 | $11,302 | $12,264 |
| Impact on return, per year | 0.83% | 0.83% | 0.83% |
C000138277 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): 0.0349%
- Total broker commissions: $313K
- Bought from dealers (principal trades, not a cost): $1.9B
- Portfolio turnover (prospectus): 100%
- Securities on loan, average value: $15.8M
- Net income from securities lending: $155K (0.017% of average net assets)
C000138277 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $35K | 14.38% |
| Goldman Sachs & Co. LLC | $35K | 14.16% |
| Morgan Stanley & Co, Inc | $27K | 11.10% |
| Jefferies Group | $26K | 10.68% |
| Deutsche Bank Securities, Inc | $26K | 10.62% |
| CitiGroup Global Markets, Inc. | $24K | 9.93% |
| UBS Securities LLC | $20K | 7.99% |
| Banc of America Securities | $19K | 7.82% |
| Barclays PLC | $17K | 6.78% |
| BNP Paribas Securities | $16K | 6.56% |
C000138277 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jackson National Asset Management, LLC | $1.0B | 63.81% |
| Goldman Sachs & Co. LLC | $126.6M | 7.86% |
| Morgan Stanley & Co, Inc | $86.6M | 5.37% |
| Jefferies Group | $83.4M | 5.18% |
| Deutsche Bank Securities, Inc | $60.6M | 3.76% |
| Barclays PLC | $60.6M | 3.76% |
| BNP Paribas Securities | $51.7M | 3.21% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $40.4M | 2.51% |
| CitiGroup Global Markets, Inc. | $40.0M | 2.48% |
| Nomura Securities International, Inc. | $33.3M | 2.07% |
JNL/JPMorgan Global Allocation Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000138277 | Class I | 0.76% | — |
| C000138276 | Class A | 1.06% | — |
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.