JNL/Mellon World Index Fund
Data updated: 2026-08-26
C000218194 — JNL/Mellon World Index Fund. Global (incl. US) Large Cap Blend / Core Equity · $920.09M AUM. Holdings, fees, performance and SEC filings.
C000218194 Fund Overview
JNL/Mellon World Index Fund is a US mutual fund managed by JNL Series Trust, categorised as Global (incl. US) Large Cap 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: JNL Series Trust
- Category: Global (incl. US) Large Cap Blend / Core Equity
- Assets under management: $920.09M
- 1-year return: 21.1%
- SEC CIK: 0000933691
- SEC series ID: S000068118
- Share class ID: C000218194
C000218194 Investment Objective and Strategy
JNL/Mellon World Index Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by JNL Series Trust.
Investment objective
The investment objective of the Fund is to track the performance of the Morningstar Developed Markets Target Market Exposure Index? (Net) to provide long-term capital growth.
Principal investment strategy
The Fund invests under normal circumstances at least 80% of its assets (net assets plus the amount of any borrowings for investment purposes) in the stocks included in the Morningstar Developed Markets Target Market Exposure (Net) Index (Index) or derivative securities economically related to the Index, a rules based, float market capitalization-weighted index designed to cover 85% of the equity float-adjusted market capitalization of the Developed Markets equity markets. Morningstar Indexes classifies Canada, United States, Australia, Hong Kong, Japan, New Zealand, Singapore, Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Netherlands, Norway, Poland, Portugal, Spain, Sweden, Switzerland, United Kingdom and Israel as Developed Markets. Morningstar Indexes reviews these classifications annually.
The Index is reconstituted semiannually and implemented after the close of business on the third Friday of June and December and is effective the following Monday. The Index is rebalanced quarterly and implemented after the close of business on the third Friday of March, June, September, and December and is effective the following Monday. As of December 31, 2025, the Index had 1,218 constituents and the full market capitalization range was $463 million to $4.5 trillion. The number of securities is not fixed and can vary from reconstitution to reconstitution. The Fund seeks to track the performance and characteristics of the Index. The Fund is managed to reflect the composition of the Index and will rebalance as needed to reflect changes in the composition of the Index. To implement this strategy, the Fund may invest up to 50% of its net asset value in financial futures, a type of derivative that may be used to obtain exposure to a variety of underlying assets, to provide liquidity for cash flows, to hedge dividend accruals or for other purposes that facilitate meeting the Funds objective.
The Funds use of financial futures is intended to assist replicating the investment performance of the Index. In addition, the Fund may use foreign currency forward contracts, a type of derivative, to maintain the approximate currency exposure of the Index. The Fund employs a passive investment approach, called indexing, which attempts to replicate the investment performance of the Index through representative sampling. The Fund does not employ traditional methods of active investment management, which involves the buying and selling of securities based upon security analysis. Indexing may offer a cost-effective approach to gaining diversified market exposure over the long term. The Fund may obtain exposure to non-U.S. companies through investment in depositary receipts such as American, Global, and European Depositary Receipts (ADRs, GDRs, and EDRs).
Although the Fund is diversified, the Fund may, at times, be invested in a non-diversified manner to the extent the Index is also invested in a non-diversified manner. The Fund may invest in securities issued by companies in the financial services sector.
C000218194 Holdings
Top 10 holdings of JNL/Mellon World Index Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| NVIDIA Corporation | 5.26% |
| Apple Inc. | 4.76% |
| Microsoft Corporation | 3.11% |
| Amazon.com, Inc. | 2.62% |
| Alphabet Inc. | 2.34% |
| Broadcom Inc. | 1.97% |
| Alphabet Inc. | 1.87% |
| Micron Technology, Inc. | 1.46% |
| Meta Platforms, Inc. | 1.38% |
| Tesla Inc. | 1.33% |
C000218194 Portfolio Allocation
Asset-class allocation of JNL/Mellon World Index Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.1% |
| Cash & Equivalents | 0.6% |
| Derivatives | 0.2% |
C000218194 Performance
Total returns for C000218194 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 9.6% |
| 1 year | 21.1% |
| 3 years (annualised) | 19.1% |
| 5 years (annualised) | 11.5% |
C000218194 Risk Information
Risk metrics for C000218194, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 12.1%
C000218194 Costs and Fees
C000218194 costs about $30 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.30%
- Gross expense ratio: 0.35%
- Portfolio turnover: 16%
- Brokerage commissions: 0.14 bps of average net assets (SEC N-CEN)
C000218194 Cashflows
Over the 12 months to 2026-06, JNL/Mellon World Index Fund had net outflows of $120.75M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$9.36M |
| 2026-05 | −$13.00M |
| 2026-04 | −$9.98M |
| 2026-03 | −$7.73M |
| 2026-02 | −$8.84M |
| 2026-01 | −$10.24M |
C000218194 Debt Constituents
No individual debt constituents are reported in JNL/Mellon World Index Fund's latest SEC N-PORT filing.
C000218194 Prospectus and SEC Filings
Official JNL/Mellon World Index Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-23
- Prospectus (485BPOS) — filed 2025-04-24
- Prospectus (485BPOS) — filed 2024-04-26
- Portfolio holdings (N-PORT) — filed 2026-08-26
- Portfolio holdings (N-PORT) — filed 2026-05-28
- Portfolio holdings (N-PORT) — filed 2026-02-25
- Annual census (N-CEN) — filed 2026-03-12
- Annual census (N-CEN) — filed 2025-03-14
Related Funds
Other Global (incl. US) Large Cap 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.