C000138283 Fees and Costs — JNL/S&P Mid 3 Fund, Class I
Data updated: 2020-05-28
The net expense ratio is 0.36%: a 0.30% management fee plus 0.11% other expenses, less a 0.05% fee waiver. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $78K in broker commissions, 0.0345% of average net assets, and portfolio turnover was 135%.
C000138283 Fees and Expenses
Annual operating expenses and sales charges of C000138283. Prospectus, as of April 30, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.30% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.11% |
| Gross expense ratio | 0.41% |
| Fee waiver | −0.05% |
| Net expense ratio | 0.36% |
| 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 |
C000138283 Costs Over Time
On $10,000 invested in C000138283, assuming 5% a year before costs, total costs come to $250 over 5 years, cutting the return by 0.41% 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 0.36%) | $38 | $119 | $207 |
| Trading costs (broker commissions) | $4 | $11 | $20 |
| Lost growth on money paid in costs | $0 | $6 | $23 |
| Total costs | $41 | $136 | $250 |
| Value after costs | $10,459 | $11,440 | $12,513 |
| Impact on return, per year | 0.41% | 0.41% | 0.41% |
C000138283 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): 0.0345%
- Total broker commissions: $78K
- Bought from dealers (principal trades, not a cost): $54.9M
- Portfolio turnover (prospectus): 135%
- Securities on loan, average value: $17.5M
- Net income from securities lending: $272K (0.120% of average net assets)
C000138283 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS Limited | $48K | 62.09% |
| Goldman Sachs & Co. LLC | $12K | 15.13% |
| Piper Jaffray Companies | $6K | 7.71% |
| Credit Suisse | $3K | 3.73% |
| Barclays PLC | $3K | 3.72% |
| Sanford C. Bernstein & Co., LLC | $2K | 2.67% |
| CitiGroup Global Markets, Inc. | $2K | 2.17% |
| J.P. MORGAN CLEARING CORP. | $1K | 1.32% |
| Cantor Fitzgerald Europe | $682 | 0.88% |
| KCG Holdings | $448 | 0.58% |
C000138283 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jackson National Asset Management, LLC | $54.6M | 99.56% |
| Goldman Sachs & Co. LLC | $239K | 0.44% |
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.