JNL/DFA Growth Allocation Fund
Data updated: 2021-05-27
C000192223 — JNL/DFA Growth Allocation Fund. Emerging Markets Real Estate · $278.51M AUM · 0.47% expense ratio. Holdings, fees, performance and SEC filings.
C000192223 Fund Overview
JNL/DFA Growth Allocation Fund is a US mutual fund managed by JNL Series Trust, categorised as Emerging Markets Real Estate. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: JNL Series Trust
- Category: Emerging Markets Real Estate
- Assets under management: $278.51M
- 1-year return: 50.0%
- SEC CIK: 0000933691
- SEC series ID: S000056620
- Share class ID: C000192223
C000192223 Investment Objective and Strategy
JNL/DFA Growth Allocation Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by JNL Series Trust.
Investment objective
The investment objective of the Fund is to seek total return consisting of capital appreciation and current income.
Principal investment strategy
The Fund seeks to achieve its objective by investing in shares of a diversified group of other Funds (Underlying Funds). The Underlying Funds in which the Fund may invest are a part of DFA Investment Dimensions Group Inc. and Dimensional Investment Group Inc. (collectively, DFA Fund Groups). Not all Funds of DFA Fund Groups are available as Underlying Funds. Please refer to the statutory prospectus for a list of available Underlying Funds. To achieve its investment objective, the Fund under normal market circumstances, allocates its assets to Underlying Funds that invest in equity and fixed-income securities. Generally, the Fund invests its assets in domestic and international equity Underlying Funds and fixed-income Underlying Funds to achieve an allocation of approximately 60% to 100% (with a target allocation of approximately 80%) of the Funds assets to domestic and international equity Underlying Funds and 0% to 40% (with a target allocation of approximately 20%) of its assets to fixed-income Underlying Funds.
The equity and fixed-income allocation may fall outside of the above limits in a volatile market environment where investment outcomes are expected to remain beyond normal range. Within these asset classes, the Fund remains flexible with respect to the percentage it will allocate among Underlying Funds. In determining allocations to any particular Underlying Fund, the Funds investment adviser considers, among other things, long-term market and economic conditions, historical performance of each Underlying Fund, and expected long-term performance of each Underlying Fund, as well as diversification to control overall portfolio risk exposure. In addition to its allocation strategy of providing exposure to the domestic and international equity and fixed-income markets through investment in the Underlying Funds, the Fund further diversifies its investment portfolio by allocating its assets among Underlying Funds that represent a variety of different asset classes.
As of the date of this prospectus, the Fund invests in: (1) domestic equity Underlying Funds that purchase a broad and diverse portfolio of securities of U.S. operating companies of all market capitalization sizes with an emphasis on small and value companies, and a domestic equity Underlying Fund that primarily invests in publicly traded REITs; (2) international equity Underlying Funds that purchase a broad and diverse portfolio of securities of companies in developed and emerging markets of all market capitalization sizes with an emphasis on small and value companies; and (3) fixed-income Underlying Funds that may purchase U.S. and foreign debt securities such as obligations issued or guaranteed by the U.S. and foreign governments, their agencies and instrumentalities, bank obligations, commercial paper, repurchase agreements, obligations of other domestic and foreign issuers, securities of domestic and foreign issuers denominated in U.S.
dollars but not trading in the United States, obligations of supranational organizations and inflation-protected securities. The Fund and each Underlying Fund may use derivatives, such as futures contracts and options on futures contracts, to adjust market exposure based on actual or expected cash inflows to or outflows from the Fund or Underlying Fund. Certain fixed-income Underlying Funds use foreign currency contracts to hedge foreign currency risks, hedge against fluctuations in currency exchange rates or to transfer balances from one currency to another. Certain fixed-income Underlying Funds also may enter into credit default swaps on issuers or indices to buy or sell credit protection to hedge its credit exposure; gain market or issuer exposure without owning the underlying securities; or increase the Underlying Funds total return.
Certain fixed-income Underlying Funds also may use derivatives, such as futures contracts and options on futures contracts, to hedge interest rate or currency exposure or for non-hedging purposes, such as a substitute for direct investment. Also, the Underlying Funds may lend their portfolio securities to generate additional income. Some of the Underlying Funds, particularly those classified as fixed income, may hold a significant amount of junk bonds in order to execute their investment strategy. The Adviser may change the Underlying Funds in which the Fund invests from time to time at its discretion without notice or shareholder approval. Therefore, the Fund may invest in Underlying Funds that are not listed in the statutory prospectus. The Fund is a non-diversified fund, as defined in the Investment Company Act of 1940, as amended (the 1940 Act), and may invest more of its assets in fewer issuers than diversified mutual funds.
C000192223 Performance
Total returns for C000192223 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 50.0% |
C000192223 Risk Information
Risk metrics for C000192223, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 13.4%
C000192223 Costs and Fees
C000192223 costs about $47 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.47%
- Gross expense ratio: 0.64%
- Portfolio turnover: 45%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
C000192223 Cashflows
Over the 12 months to 2021-03, JNL/DFA Growth Allocation Fund had net inflows of $16.53M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2021-03 | $4.63M |
| 2021-02 | −$657.80K |
| 2021-01 | −$691.45K |
| 2020-12 | $4.57M |
| 2020-11 | $262.19K |
| 2020-10 | −$3.16M |
C000192223 Debt Constituents
No individual debt constituents are reported in JNL/DFA Growth Allocation Fund's latest SEC N-PORT filing.
C000192223 Prospectus and SEC Filings
Official JNL/DFA Growth Allocation Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2020-05-11
- Prospectus (485BPOS) — filed 2019-05-15
- Prospectus (485BPOS) — filed 2018-05-16
- Portfolio holdings (N-PORT) — filed 2021-05-27
- Portfolio holdings (N-PORT) — filed 2021-02-26
- Portfolio holdings (N-PORT) — filed 2020-11-24
- Annual census (N-CEN) — filed 2021-03-15
- Annual census (N-CEN) — filed 2020-03-16
Related Funds
Other Emerging Markets Real Estate 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.