C000218184 Fees and Costs — JNL/Neuberger Berman Commodity Strategy Fund, Class I
Data updated: 2026-08-26
The net expense ratio is 0.63%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $28K in broker commissions, 0.0681% of average net assets, and portfolio turnover was 73%.
C000218184 Fees and Expenses
Annual operating expenses and sales charges of C000218184. Prospectus, as of April 23, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.15% |
| Gross expense ratio | 0.63% |
| Fee waiver | — |
| Net expense ratio | 0.63% |
| 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 |
C000218184 Costs Over Time
On $10,000 invested in C000218184, assuming 5% a year before costs, total costs come to $439 over 5 years, cutting the return by 0.73% 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 0.63%) | $66 | $207 | $360 |
| Trading costs (broker commissions) | $7 | $22 | $39 |
| Lost growth on money paid in costs | $0 | $11 | $40 |
| Total costs | $73 | $241 | $439 |
| Value after costs | $10,427 | $11,335 | $12,324 |
| Impact on return, per year | 0.73% | 0.73% | 0.73% |
C000218184 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): 0.0681%
- Total broker commissions: $28K
- Bought from dealers (principal trades, not a cost): $144.6M
- Portfolio turnover (prospectus): 73%
- Securities lending: none during the year
C000218184 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CitiGroup Global Markets, Inc. | $18K | 64.65% |
| Goldman Sachs & Co. LLC | $10K | 34.75% |
| Morgan Stanley & Co, Inc | $169 | 0.60% |
C000218184 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jackson National Asset Management, LLC | $92.6M | 67.42% |
| Mizuho Securities | $12.8M | 9.31% |
| Banc of America Securities | $10.7M | 7.81% |
| J.P. Morgan Securities LLC | $6.7M | 4.89% |
| Goldman Sachs & Co. LLC | $3.4M | 2.46% |
| Wells Fargo Securities, LLC | $3.4M | 2.44% |
| Barclays PLC | $2.5M | 1.80% |
| Morgan Stanley & Co, Inc | $2.0M | 1.42% |
| BNP Paribas Securities | $1.8M | 1.32% |
| RBC Capital Markets, LLC | $1.6M | 1.13% |
JNL/Neuberger Berman Commodity Strategy Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000218184 | Class I | 0.63% | — |
| C000218185 | Class A | 0.93% | — |
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.