JNL/Mellon Capital MSCI World Index Fund

Data updated: 2020-05-29

C000192158 — JNL/Mellon Capital MSCI World Index Fund. Europe Multi-Cap / All-Cap Blend / Core Equity. Holdings, fees, performance and SEC filings.

C000192158 Fund Overview

JNL/Mellon Capital MSCI World Index Fund is a US mutual fund managed by JNL Variable Fund LLC, categorised as Europe Multi-Cap / All-Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

Type: US mutual fund
Manager: JNL Variable Fund LLC
Category: Europe Multi-Cap / All-Cap Blend / Core Equity
Assets under management: $277.97M
SEC CIK: 0001072428
SEC series ID: S000001708
Share class ID: C000192158

C000192158 Investment Objective and Strategy

JNL/Mellon Capital MSCI World Index Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by JNL Variable Fund LLC.

Investment objective

The investment objective of the Fund is to match the performance of the MSCI World Index. The Fund is constructed to mirror the index to provide long-term capital growth by investing in international equity securities attempting to match the characteristics of each country within the index.

Principal investment strategy

The Fund invests under normal circumstances at least 80% of its assets (net assets plus the amount of any borrowings made for investment purposes) in the stocks included in the MSCI World Index or derivative securities economically related to the MSCI World Index. The Fund seeks to match the performance and characteristics of the MSCI World Index. To implement this strategy, the Fund may invest up to 50% of its net asset value in financial futures, a type of derivative, to obtain exposure, to provide liquidity for cash flows, to hedge dividend accruals or for other purposes that facilitate meeting the Funds objective. In addition, the Fund may use foreign currency forward contracts, a type of derivative, to maintain the approximate currency exposure of the MSCI World Index. The Fund does not employ traditional methods of active investment management, which involves the buying and selling of securities based upon security analysis.

Indexing may offer a cost-effective approach to gaining diversified market exposure over the long term. The Fund may obtain exposure to non-U.S. companies through investment in depositary receipts such as American, Global, and European Depositary Receipts (ADRs, GDRs, and EDRs). The Fund may invest in securities issued by companies in the financial services sector.

C000192158 Costs and Fees

C000192158 costs about $32 per $10,000 invested per year in fund expenses.

Net expense ratio: 0.32%
Gross expense ratio: 0.37%
Portfolio turnover: 2%
Brokerage commissions: 0.13 bps of average net assets (SEC N-CEN)

C000192158 Cashflows

Over the 12 months to 2020-03, JNL/Mellon Capital MSCI World Index Fund had net outflows of $19.79M, from monthly SEC N-PORT filings.

Month	Net flow
2020-03	−$5.19M
2020-02	−$7.32M
2020-01	−$4.81M
2019-12	$2.06M
2019-11	−$1.98M
2019-10	$6.39M

C000192158 Debt Constituents

No individual debt constituents are reported in JNL/Mellon Capital MSCI World Index Fund's latest SEC N-PORT filing.

C000192158 Prospectus and SEC Filings

Official JNL/Mellon Capital MSCI World Index Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

Related Funds

Other Europe Multi-Cap / All-Cap Blend / Core Equity funds tracked on ABC INVEST:

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.