C000192330 Fees and Costs — JNL iShares Tactical Moderate Growth Fund, Class I
Data updated: 2020-05-29
The net expense ratio is 0.56%. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $15K in broker commissions, 0.0052% of average net assets, and portfolio turnover was 50%.
C000192330 Fees and Expenses
Annual operating expenses and sales charges of C000192330. Prospectus, as of April 30, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.20% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.15% |
| Gross expense ratio | 0.56% |
| Fee waiver | — |
| Net expense ratio | 0.56% |
| 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 |
C000192330 Costs Over Time
On $10,000 invested in C000192330, assuming 5% a year before costs, total costs come to $357 over 5 years, cutting the return by 0.59% 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 0.56%) | $59 | $184 | $321 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $9 | $33 |
| Total costs | $59 | $195 | $357 |
| Value after costs | $10,441 | $11,381 | $12,406 |
| Impact on return, per year | 0.59% | 0.59% | 0.59% |
C000192330 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): 0.0052%
- Total broker commissions: $15K
- Bought from dealers (principal trades, not a cost): $98.3M
- Portfolio turnover (prospectus): 50%
- Securities on loan, average value: $20.6M
- Net income from securities lending: $293K (0.105% of average net assets)
C000192330 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Cantor Fitzgerald Europe | $7K | 49.87% |
| Jane Street Execuion Services, LLC | $4K | 26.13% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $3K | 19.36% |
| J.P. MORGAN CLEARING CORP. | $220 | 1.52% |
| KCG Holdings | $177 | 1.22% |
| Investment Technology Group Inc. | $69 | 0.48% |
| CitiGroup Global Markets, Inc. | $66 | 0.46% |
| Merrill Lynch International LLC | $56 | 0.39% |
| HSBC Securities (USA) Inc. | $44 | 0.30% |
| Credit Suisse | $38 | 0.27% |
C000192330 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jackson National Asset Management, LLC | $98.3M | 100.00% |
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.