C000202640 Fees and Costs — JNL/Cohen & Steers U.S. Realty Fund, Class I
Data updated: 2026-08-26
The net expense ratio is 0.74%: a 0.56% management fee plus 0.18% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $35K in broker commissions, 0.0387% of average net assets, and portfolio turnover was 40%.
C000202640 Fees and Expenses
Annual operating expenses and sales charges of C000202640. Prospectus, as of April 23, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.56% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.18% |
| Gross expense ratio | 0.74% |
| Fee waiver | — |
| Net expense ratio | 0.74% |
| 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 |
C000202640 Costs Over Time
On $10,000 invested in C000202640, assuming 5% a year before costs, total costs come to $489 over 5 years, cutting the return by 0.82% 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 0.74%) | $78 | $243 | $422 |
| Trading costs (broker commissions) | $4 | $13 | $22 |
| Lost growth on money paid in costs | $0 | $13 | $45 |
| Total costs | $82 | $268 | $489 |
| Value after costs | $10,418 | $11,308 | $12,274 |
| Impact on return, per year | 0.82% | 0.82% | 0.82% |
C000202640 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): 0.0387%
- Total broker commissions: $35K
- Bought from dealers (principal trades, not a cost): $55.5M
- Portfolio turnover (prospectus): 40%
- Securities on loan, average value: $166K
- Net income from securities lending: $27 (0.000% of average net assets)
C000202640 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $8K | 27.06% |
| Cowen and Company, LLC | $5K | 15.28% |
| Morgan Stanley & Co, Inc | $4K | 13.27% |
| J.P. Morgan Securities LLC | $3K | 10.38% |
| CitiGroup Global Markets, Inc. | $3K | 8.52% |
| Evercore ISI Group | $2K | 8.09% |
| Goldman Sachs & Co. LLC | $2K | 6.78% |
| Liquidnet, Inc. | $1K | 4.03% |
| Wells Fargo Investments LLC | $1K | 3.91% |
| Banc of America Securities | $818 | 2.68% |
C000202640 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jackson National Asset Management, LLC | $55.0M | 99.09% |
| J.P. Morgan Securities LLC | $309K | 0.56% |
| Banc of America Securities | $193K | 0.35% |
JNL/Cohen & Steers U.S. Realty Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000202640 | Class I | 0.74% | — |
| C000202639 | Class A | 1.04% | — |
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.