JNL iShares Tactical Moderate Fund

Data updated: 2020-05-29

C000192329 — JNL iShares Tactical Moderate Fund. Developed ex-US Blend / Core Equity · $141.03M AUM. Holdings, fees, performance and SEC filings.

C000192329 Fund Overview

JNL iShares Tactical Moderate Fund is a US mutual fund managed by Jackson Variable Series Trust, categorised as Developed ex-US 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: Jackson Variable Series Trust
Category: Developed ex-US Blend / Core Equity
Assets under management: $141.03M
SEC CIK: 0001532747
SEC series ID: S000035569
Share class ID: C000192329

C000192329 Investment Objective and Strategy

JNL iShares Tactical Moderate Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Jackson Variable Series Trust.

Investment objective

The investment objective of the JNL Tactical ETF Moderate Fund (the Fund) is to seek long-term growth of capital through investment in exchange-traded funds (Underlying ETFs).

Principal investment strategy

Under normal market conditions, the Fund seeks to achieve its investment objective primarily through investing at least 80% of its assets (net assets plus the amount of any borrowings made for investment purposes) in a diversified group of underlying exchange-traded funds (ETFs). An ETF is an investment fund that is traded on a stock exchange and holds an underlying basket of securities generally designed to track an index. ETFs can be bought and sold through the trading day in the secondary market or at net asset value directly with an authorized participant. The Fund will only invest in ETFs that have received an order for exemptive relief from the limits set forth in Section 12 of the Investment Company Act of 1940, as amended (the 1940 Act). A list of such ETFs will be provided by the Adviser upon request.

Final allocations are determined by the Adviser through the use of both internal and external resources. BNY Mellon Asset Management North America Corporation (BNYM AMNA), the Funds sub-adviser (the Sub-Adviser), is responsible for managing the investment of portfolio assets solely according to the instructions (including the specific Underlying ETFs and the corresponding weights of such Underlying ETFs) provided by the Adviser. The Sub-Adviser executes transactions in the Underlying ETFs, as required, to closely replicate the allocation instructions received from the Adviser. The Funds allocations are rebalanced periodically, generally monthly, based on the allocation instructions provided by the Adviser. During the month, when cash inflows and outflows occur, the Sub-Adviser makes new purchases and sales based on the Funds current existing market weights.

Under normal market conditions, the Adviser allocates approximately 20% to 60% (with a target allocation of 40%) of the Funds assets to Underlying ETFs that invest primarily in equity securities, 40% to 80% (with a target allocation of 60%) of the Funds assets to Underlying ETFs that invest primarily in fixed income securities and/or cash alternatives, and up to 15% (with a target allocation of 0%) of the Funds assets to Underlying ETFs that invest primarily in alternative assets and strategies. The Adviser may also allocate the Funds assets to securities and derivative contracts to meet the Funds allocation targets. The Fund may also invest in a range of securities and derivative contracts, including indexes, swap agreements, futures, currency forwards, and U.S. Treasury securities, and cash equivalents including, without limitation, commercial paper, repurchase agreements, and time deposits, as instructed by the Adviser.

The Fund may invest, directly or through ETFs, in securities that have exposure to foreign currencies through their underlying investments, such as in companies that trade in or receive revenues in foreign currencies. The Fund may invest, directly or through ETFs, in illiquid or thinly traded securities. The Fund may invest, directly or through ETFs, in bank loans. The Fund may lend its securities to increase its income. The Sub-Adviser may invest in ETFs in excess of the 1940 Act limits on investment in other investment companies as instructed by the Adviser. The Fund is non-diversified under 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.

C000192329 Costs and Fees

C000192329 costs about $54 per $10,000 invested per year in fund expenses.

Net expense ratio: 0.54%
Gross expense ratio: 0.54%
Portfolio turnover: 43%
Brokerage commissions: 0.72 bps of average net assets (SEC N-CEN)

C000192329 Cashflows

Over the 12 months to 2020-03, JNL iShares Tactical Moderate Fund had net inflows of $8.79M, from monthly SEC N-PORT filings.

Month	Net flow
2020-03	−$324.97K
2020-02	−$408.65K
2020-01	$3.11M
2019-12	$108.30K
2019-11	$6.09M
2019-10	$1.46M

C000192329 Debt Constituents

No individual debt constituents are reported in JNL iShares Tactical Moderate Fund's latest SEC N-PORT filing.

C000192329 Prospectus and SEC Filings

Official JNL iShares Tactical Moderate Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

Related Funds

Other Developed ex-US 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.