C000192221 Fees and Costs — JNL Multi-Manager Mid Cap Fund, Class I
Data updated: 2026-08-26
The net expense ratio is 0.76%: a 0.61% management fee plus 0.15% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $625K in broker commissions, 0.0516% of average net assets, and portfolio turnover was 85%.
C000192221 Fees and Expenses
Annual operating expenses and sales charges of C000192221. Prospectus, as of April 23, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.61% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.15% |
| Gross expense ratio | 0.76% |
| Fee waiver | — |
| Net expense ratio | 0.76% |
| 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 |
C000192221 Costs Over Time
On $10,000 invested in C000192221, assuming 5% a year before costs, total costs come to $510 over 5 years, cutting the return by 0.85% 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 0.76%) | $80 | $249 | $434 |
| Trading costs (broker commissions) | $5 | $17 | $29 |
| Lost growth on money paid in costs | $0 | $13 | $47 |
| Total costs | $85 | $280 | $510 |
| Value after costs | $10,415 | $11,297 | $12,253 |
| Impact on return, per year | 0.85% | 0.85% | 0.85% |
C000192221 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): 0.0516%
- Total broker commissions: $625K
- Bought from dealers (principal trades, not a cost): $1.5B
- Portfolio turnover (prospectus): 85%
- Securities on loan, average value: $4.5M
- Net income from securities lending: $41K (0.003% of average net assets)
C000192221 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Barclays PLC | $194K | 38.66% |
| Instinet, LLC | $78K | 15.55% |
| Goldman Sachs & Co. LLC | $46K | 9.11% |
| Cantor Fitzgerald Europe | $39K | 7.79% |
| Liquidnet, Inc. | $39K | 7.69% |
| Banc of America Securities | $34K | 6.85% |
| Robert W. Baird & Co. | $25K | 5.01% |
| Jefferies Group | $17K | 3.47% |
| J.P. Morgan Securities LLC | $17K | 3.32% |
| KeyBanc Capital Markets Inc. | $13K | 2.55% |
C000192221 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jackson National Asset Management, LLC | $1.5B | 99.78% |
| Morgan Stanley & Co, Inc | $2.0M | 0.13% |
| Goldman Sachs & Co. LLC | $1.4M | 0.09% |
JNL Multi-Manager Mid Cap Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000192221 | Class I | 0.76% | — |
| C000172890 | Class A | 1.06% | — |
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.