C000192347 Fees and Costs — JNL/Lazard International Strategic Equity Fund, Class I
Data updated: 2020-05-28
The net expense ratio is 0.86%: a 0.70% management fee plus 0.15% other expenses. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $123K in broker commissions, 0.0687% of average net assets, and portfolio turnover was 42%.
C000192347 Fees and Expenses
Annual operating expenses and sales charges of C000192347. Prospectus, as of April 30, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.15% |
| Gross expense ratio | 0.86% |
| Fee waiver | — |
| Net expense ratio | 0.86% |
| 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 |
C000192347 Costs Over Time
On $10,000 invested in C000192347, assuming 5% a year before costs, total costs come to $582 over 5 years, cutting the return by 0.98% 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 0.86%) | $90 | $282 | $489 |
| Trading costs (broker commissions) | $7 | $23 | $39 |
| Lost growth on money paid in costs | $0 | $15 | $53 |
| Total costs | $98 | $320 | $582 |
| Value after costs | $10,402 | $11,257 | $12,181 |
| Impact on return, per year | 0.98% | 0.98% | 0.98% |
C000192347 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): 0.0687%
- Total broker commissions: $123K
- Bought from dealers (principal trades, not a cost): $158.9M
- Portfolio turnover (prospectus): 42%
- Securities on loan, average value: $3.6M
- Net income from securities lending: $89K (0.050% of average net assets)
C000192347 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Credit Suisse | $26K | 25.85% |
| Morgan Stanley & Co, Inc | $17K | 17.01% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $16K | 16.31% |
| UBS Limited | $9K | 8.46% |
| J.P. MORGAN SECURITIES, INC. | $8K | 8.04% |
| SOCIETE GENERALE BANNON L.L.C. | $8K | 7.65% |
| Barclays PLC | $5K | 5.32% |
| CitiGroup Global Markets, Inc. | $5K | 5.12% |
| Investment Technology Group Inc. | $4K | 3.80% |
| Goldman Sachs & Co. LLC | $2K | 2.44% |
C000192347 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jackson National Asset Management, LLC | $156.8M | 98.67% |
| Morgan Stanley & Co, Inc | $1.4M | 0.91% |
| Goldman Sachs & Co. LLC | $575K | 0.36% |
| J.P. MORGAN SECURITIES, INC. | $102K | 0.06% |
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.