C000153489 Fees and Costs — JNL/Harris Oakmark Global Equity Fund, Class I
Data updated: 2025-05-29
The net expense ratio is 0.81%: a 0.65% management fee plus 0.16% other expenses. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $244K in broker commissions, 0.0388% of average net assets, and portfolio turnover was 38%.
C000153489 Fees and Expenses
Annual operating expenses and sales charges of C000153489. Prospectus, as of April 30, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.16% |
| Gross expense ratio | 0.81% |
| Fee waiver | — |
| Net expense ratio | 0.81% |
| 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 |
C000153489 Costs Over Time
On $10,000 invested in C000153489, assuming 5% a year before costs, total costs come to $533 over 5 years, cutting the return by 0.89% 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 0.81%) | $85 | $266 | $462 |
| Trading costs (broker commissions) | $4 | $13 | $22 |
| Lost growth on money paid in costs | $0 | $14 | $49 |
| Total costs | $89 | $292 | $533 |
| Value after costs | $10,411 | $11,284 | $12,230 |
| Impact on return, per year | 0.89% | 0.89% | 0.89% |
C000153489 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0388%
- Total broker commissions: $244K
- Bought from dealers (principal trades, not a cost): $576.5M
- Portfolio turnover (prospectus): 38%
- Securities on loan, average value: $483K
- Net income from securities lending: $17K (0.003% of average net assets)
C000153489 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $36K | 20.71% |
| Goldman Sachs & Co. LLC | $24K | 14.05% |
| CitiGroup Global Markets, Inc. | $23K | 13.25% |
| J.P. Morgan Securities LLC | $18K | 10.47% |
| Barclays PLC | $15K | 8.53% |
| Jefferies Group | $15K | 8.42% |
| Morgan Stanley & Co, Inc | $13K | 7.72% |
| Liquidnet, Inc. | $10K | 5.82% |
| Instinet, LLC | $10K | 5.63% |
| Banc of America Securities | $9K | 5.40% |
C000153489 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jackson National Asset Management, LLC | $576.1M | 99.91% |
| Banc of America Securities | $490K | 0.09% |
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.