C000192051 Fees and Costs — JNL/Mellon Materials Sector Fund, Class I
Data updated: 2026-08-26
The net expense ratio is 0.32%: a 0.21% management fee plus 0.16% other expenses, less a 0.05% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $5K in broker commissions, 0.0036% of average net assets, and portfolio turnover was 35%.
C000192051 Fees and Expenses
Annual operating expenses and sales charges of C000192051. Prospectus, as of April 23, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.21% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.16% |
| Gross expense ratio | 0.37% |
| Fee waiver | −0.05% |
| Net expense ratio | 0.32% |
| 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 |
C000192051 Costs Over Time
On $10,000 invested in C000192051, assuming 5% a year before costs, total costs come to $205 over 5 years, cutting the return by 0.34% 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 0.32%) | $34 | $106 | $184 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $5 | $19 |
| Total costs | $34 | $112 | $205 |
| Value after costs | $10,466 | $11,464 | $12,558 |
| Impact on return, per year | 0.34% | 0.34% | 0.34% |
C000192051 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0036%
- Total broker commissions: $5K
- Bought from dealers (principal trades, not a cost): $115.0M
- Portfolio turnover (prospectus): 35%
- Securities on loan, average value: $610K
- Net income from securities lending: $2K (0.002% of average net assets)
C000192051 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Piper Jaffray Companies | $1K | 24.63% |
| Goldman Sachs & Co. LLC | $919 | 17.21% |
| J.P. Morgan Securities LLC | $798 | 14.94% |
| Banc of America Securities | $623 | 11.66% |
| Morgan Stanley & Co, Inc | $539 | 10.10% |
| UBS Securities LLC | $369 | 6.92% |
| Instinet, LLC | $359 | 6.71% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $216 | 4.04% |
| MacQuarie Capital Inc. | $114 | 2.13% |
| Pershing, LLC | $89 | 1.66% |
C000192051 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jackson National Asset Management, LLC | $94.9M | 82.51% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $12.0M | 10.42% |
| Barclays PLC | $7.0M | 6.12% |
| Goldman Sachs & Co. LLC | $587K | 0.51% |
| Morgan Stanley & Co, Inc | $506K | 0.44% |
JNL/Mellon Materials Sector Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000192051 | Class I | 0.32% | — |
| C000192050 | Class A | 0.67% | — |
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.