C000138285 Fees and Costs — JNL/Scout Unconstrained Bond Fund, Class I
Data updated: 2020-05-29
The net expense ratio is 0.71%: a 0.55% management fee plus 0.15% other expenses. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $19K in broker commissions, 0.0059% of average net assets, and portfolio turnover was 109%.
C000138285 Fees and Expenses
Annual operating expenses and sales charges of C000138285. Prospectus, as of April 30, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.15% |
| Gross expense ratio | 0.71% |
| Fee waiver | — |
| Net expense ratio | 0.71% |
| 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 |
C000138285 Costs Over Time
On $10,000 invested in C000138285, assuming 5% a year before costs, total costs come to $450 over 5 years, cutting the return by 0.75% 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 0.71%) | $75 | $233 | $406 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $12 | $41 |
| Total costs | $75 | $247 | $450 |
| Value after costs | $10,425 | $11,329 | $12,312 |
| Impact on return, per year | 0.75% | 0.75% | 0.75% |
C000138285 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): 0.0059%
- Total broker commissions: $19K
- Bought from dealers (principal trades, not a cost): $3.9B
- Portfolio turnover (prospectus): 109%
- Securities on loan, average value: $8.2M
- Net income from securities lending: $36K (0.011% of average net assets)
C000138285 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN | $19K | 100.00% |
C000138285 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jackson National Asset Management, LLC | $1.1B | 34.49% |
| Morgan Stanley & Co, Inc | $312.6M | 9.59% |
| J.P. MORGAN SECURITIES, INC. | $305.7M | 9.38% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $298.1M | 9.14% |
| CitiGroup Global Markets, Inc. | $260.0M | 7.97% |
| Nomura Securities International, Inc. | $230.6M | 7.07% |
| Deutsche Bank Securities, Inc | $202.7M | 6.22% |
| Wells Fargo Securities, LLC | $202.2M | 6.20% |
| Barclays PLC | $163.8M | 5.02% |
| HSBC Securities (USA) Inc. | $160.2M | 4.91% |
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.