C000192082 Fees and Costs — JNL/Mellon S&P 1500 Growth Index Fund, Class A
Data updated: 2020-05-28
The net expense ratio is 0.67%: a 0.20% management fee, a 0.30% 12b-1 fee plus 0.17% other expenses. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $11K in broker commissions, 0.0101% of average net assets, and portfolio turnover was 117%.
C000192082 Fees and Expenses
Annual operating expenses and sales charges of C000192082. Prospectus, as of April 30, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.20% |
| 12b-1 fee | 0.30% |
| Other expenses | 0.17% |
| Gross expense ratio | 0.67% |
| Fee waiver | — |
| Net expense ratio | 0.67% |
| 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 |
C000192082 Costs Over Time
On $10,000 invested in C000192082, assuming 5% a year before costs, total costs come to $428 over 5 years, cutting the return by 0.71% 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 0.67%) | $70 | $220 | $383 |
| Trading costs (broker commissions) | $1 | $3 | $6 |
| Lost growth on money paid in costs | $0 | $11 | $39 |
| Total costs | $71 | $235 | $428 |
| Value after costs | $10,429 | $11,342 | $12,335 |
| Impact on return, per year | 0.71% | 0.71% | 0.71% |
C000192082 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.0101%
- Total broker commissions: $11K
- Bought from dealers (principal trades, not a cost): $116.5M
- Portfolio turnover (prospectus): 117%
- Securities on loan, average value: $681K
- Net income from securities lending: $5K (0.005% of average net assets)
C000192082 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co, Inc | $4K | 38.81% |
| CitiGroup Global Markets, Inc. | $2K | 21.40% |
| Cantor Fitzgerald Europe | $2K | 14.24% |
| J.P. MORGAN CLEARING CORP. | $848 | 7.80% |
| UBS Limited | $595 | 5.47% |
| Investment Technology Group Inc. | $544 | 5.00% |
| HSBC Securities (USA) Inc. | $228 | 2.09% |
| Credit Suisse | $222 | 2.04% |
| Goldman Sachs & Co. LLC | $174 | 1.60% |
| Weeden & Company, LP | $168 | 1.55% |
C000192082 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jackson National Asset Management, LLC | $112.8M | 96.83% |
| Morgan Stanley & Co, Inc | $2.0M | 1.73% |
| Goldman Sachs & Co. LLC | $1.4M | 1.23% |
| MacQuarie Capital Inc. | $112K | 0.10% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $81K | 0.07% |
| J.P. MORGAN CLEARING CORP. | $50K | 0.04% |
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.