C000144891 Fees and Costs — JNL/Boston Partners Global Long Short Equity Fund, Class A
Data updated: 2021-05-27
The net expense ratio is 2.41%: a 1.10% management fee, a 0.30% 12b-1 fee plus 1.00% other expenses. There are no sales loads or redemption fees. In fiscal 2020 the fund paid $636K in broker commissions, 0.4518% of average net assets, and portfolio turnover was 117%.
C000144891 Fees and Expenses
Annual operating expenses and sales charges of C000144891. Prospectus, as of April 30, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 1.10% |
| 12b-1 fee | 0.30% |
| Other expenses | 1.00% |
| Gross expense ratio | 2.41% |
| Fee waiver | — |
| Net expense ratio | 2.41% |
| 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 |
C000144891 Costs Over Time
On $10,000 invested in C000144891, assuming 5% a year before costs, total costs come to $1,725 over 5 years, cutting the return by 3.00% 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 2.41%) | $253 | $774 | $1,317 |
| Trading costs (broker commissions) | $47 | $145 | $247 |
| Lost growth on money paid in costs | $0 | $46 | $161 |
| Total costs | $300 | $966 | $1,725 |
| Value after costs | $10,200 | $10,611 | $11,038 |
| Impact on return, per year | 3.00% | 3.00% | 3.00% |
C000144891 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.4518%
- Total broker commissions: $636K
- Bought from dealers (principal trades, not a cost): $358.2M
- Portfolio turnover (prospectus): 117%
- Securities on loan, average value: $860K
- Net income from securities lending: $4K (0.003% of average net assets)
C000144891 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $264K | 47.24% |
| J.P. MORGAN | $65K | 11.60% |
| Credit Suisse | $41K | 7.41% |
| CitiGroup Global Markets, Inc. | $35K | 6.34% |
| UBS Limited | $33K | 5.99% |
| Morgan Stanley & Co, Inc | $30K | 5.36% |
| Jefferies Group | $28K | 5.02% |
| J.P. MORGAN SECURITIES, INC. | $26K | 4.67% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $22K | 3.92% |
| Sanford C. Bernstein & Co., LLC | $14K | 2.45% |
C000144891 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jackson National Asset Management, LLC | $346.3M | 96.68% |
| Goldman Sachs & Co. LLC | $11.4M | 3.19% |
| Morgan Stanley & Co, Inc | $459K | 0.13% |
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.