C000144894 Fees and Costs — JNL/Goldman Sachs International 5 Fund, Class I
Data updated: 2021-05-27
The net expense ratio is 0.40%: a 0.30% management fee plus 0.15% other expenses, less a 0.05% fee waiver. There are no sales loads or redemption fees. In fiscal 2020 the fund paid $25K in broker commissions, 0.0447% of average net assets, and portfolio turnover was 53%.
C000144894 Fees and Expenses
Annual operating expenses and sales charges of C000144894. Prospectus, as of April 30, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.30% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.15% |
| Gross expense ratio | 0.45% |
| Fee waiver | −0.05% |
| Net expense ratio | 0.40% |
| 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 |
C000144894 Costs Over Time
On $10,000 invested in C000144894, assuming 5% a year before costs, total costs come to $281 over 5 years, cutting the return by 0.47% 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 0.40%) | $42 | $132 | $230 |
| Trading costs (broker commissions) | $5 | $15 | $26 |
| Lost growth on money paid in costs | $0 | $7 | $26 |
| Total costs | $47 | $154 | $281 |
| Value after costs | $10,453 | $11,422 | $12,482 |
| Impact on return, per year | 0.47% | 0.47% | 0.47% |
C000144894 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): 0.0447%
- Total broker commissions: $25K
- Bought from dealers (principal trades, not a cost): $28.6M
- Portfolio turnover (prospectus): 53%
- Securities on loan, average value: $2.0M
- Net income from securities lending: $15K (0.027% of average net assets)
C000144894 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $14K | 58.77% |
| CitiGroup Global Markets, Inc. | $2K | 9.54% |
| UBS Limited | $2K | 9.42% |
| Morgan Stanley & Co, Inc | $1K | 6.30% |
| Merrill Lynch International LLC | $1K | 4.73% |
| SG Americas Securities, LLC | $940 | 3.97% |
| HSBC Securities (USA) Inc. | $689 | 2.91% |
| J.P. MORGAN | $464 | 1.96% |
| Credit Lyonnais | $308 | 1.30% |
| J.P. MORGAN SECURITIES, INC. | $254 | 1.07% |
C000144894 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jackson National Asset Management, LLC | $28.3M | 98.93% |
| Goldman Sachs & Co. LLC | $307K | 1.07% |
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.