C000192054 Fees and Costs — JNL/Mellon Real Estate Sector Fund, Class A
Data updated: 2026-08-26
The net expense ratio is 0.66%: a 0.20% management fee, a 0.30% 12b-1 fee plus 0.16% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $5K in broker commissions, 0.0028% of average net assets, and portfolio turnover was 12%.
C000192054 Fees and Expenses
Annual operating expenses and sales charges of C000192054. Prospectus, as of April 23, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.20% |
| 12b-1 fee | 0.30% |
| Other expenses | 0.16% |
| Gross expense ratio | 0.66% |
| Fee waiver | — |
| Net expense ratio | 0.66% |
| 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 |
C000192054 Costs Over Time
On $10,000 invested in C000192054, assuming 5% a year before costs, total costs come to $417 over 5 years, cutting the return by 0.70% 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 0.66%) | $69 | $217 | $378 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $11 | $38 |
| Total costs | $70 | $229 | $417 |
| Value after costs | $10,430 | $11,348 | $12,345 |
| Impact on return, per year | 0.70% | 0.70% | 0.70% |
C000192054 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): 0.0028%
- Total broker commissions: $5K
- Bought from dealers (principal trades, not a cost): $80.0M
- Portfolio turnover (prospectus): 12%
- Securities on loan, average value: $2.1M
- Net income from securities lending: $5K (0.003% of average net assets)
C000192054 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $2K | 46.32% |
| HSBC Securities (USA) Inc. | $796 | 14.99% |
| J.P. Morgan Securities LLC | $620 | 11.66% |
| Banc of America Securities | $450 | 8.48% |
| Morgan Stanley & Co, Inc | $371 | 6.98% |
| UBS Securities LLC | $317 | 5.96% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $135 | 2.55% |
| Instinet, LLC | $60 | 1.13% |
| CitiGroup Global Markets, Inc. | $58 | 1.09% |
| Piper Jaffray Companies | $44 | 0.83% |
C000192054 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jackson National Asset Management, LLC | $65.5M | 81.89% |
| Goldman Sachs & Co. LLC | $7.3M | 9.17% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $4.5M | 5.57% |
| Barclays PLC | $1.8M | 2.23% |
| Morgan Stanley & Co, Inc | $914K | 1.14% |
JNL/Mellon Real Estate 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 |
|---|---|---|---|
| C000192055 | Class I | 0.31% | — |
| C000192054 | Class A | 0.66% | — |
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.