JNL Conservative Allocation Fund
Data updated: 2026-08-26
C000218199 — JNL Conservative Allocation Fund. United States Multi-Cap / All-Cap Blend / Core Equity. Holdings, fees, performance and SEC filings.
C000218199 Fund Overview
JNL Conservative Allocation Fund is a US mutual fund managed by JNL Series Trust, categorised as United States Multi-Cap / All-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: United States Multi-Cap / All-Cap Blend / Core Equity
- Assets under management: $545.97M
- 1-year return: 7.1%
- SEC CIK: 0000933691
- SEC series ID: S000068120
- Share class ID: C000218199
C000218199 Investment Objective and Strategy
JNL Conservative Allocation 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 seek the generation of income through investment in other funds (the Underlying Funds).
Principal investment strategy
The Fund seeks to achieve its objective by investing in Class I shares of a diversified group of other Funds (Underlying Funds). The Underlying Funds in which the Fund may invest are the Jackson Credit Opportunities Fund, the Jackson Real Assets Fund, and certain Funds that are part of the JNL Series Trust. Not all Funds of the JNL Series Trust are available as Underlying Funds. Please refer to the statutory prospectus for a list of available Underlying Funds. The Fund allocates its assets to Underlying Funds that invest primarily in fixed-income and other income-oriented securities (including high-yield (junk) bonds) of issuers in the U.S. and foreign countries, including emerging markets. An emerging market country is a country that, at the time of investment, is classified as an emerging or developing country by any supranational organization such as an institution in the World Bank Group or the United Nations, or similar entity, or is considered an emerging market country for purposes of constructing a major emerging market securities index.
Under normal circumstances, the Fund allocates approximately 0% to 40% of its assets to Underlying Funds that invest primarily in equity securities, 60% to 100% to Underlying Funds that invest primarily in fixed-income securities, 0% to 20% of its assets to Underlying Funds that invest primarily in money market securities, and 0% to 20% of its assets to Underlying Funds that invest primarily in alternative assets and employ alternative strategies. The Fund allocates its assets among Underlying Funds categorized by the Adviser into the following investment categories: ? Allocation ? Alternative ? Fixed Income ? International/Global Equity ? Sector Equity ? U.S. Equity The Fund considers the Underlying Funds in the Fixed-Income investment category to be funds that invest primarily in fixed-income securities, and the Underlying Funds in the International/Global Equity, Sector Equity, and U.S.
Equity investment categories to be funds that invest primarily in equity securities. The Underlying Funds in the Allocation investment category include funds that can invest in a variety of asset classes in various proportions, may take measures to manage risk and/or adapt to prevailing market conditions and may have significant exposure to both fixed-income and equity securities. To the extent the Fund invests in one of these Underlying Funds, the Funds exposure to fixed-income securities and equity securities will be allocated according to the Underlying Funds relative exposure to these asset classes. The Fund considers the Underlying Funds in the Alternative investment category to be funds that invest primarily in alternative assets and employ alternative strategies. Two Underlying Funds, the Jackson Credit Opportunities Fund and the Jackson Real Assets Fund, each operate as an interval fund pursuant to Rule 23c-3 under the Investment Company Act of 1940, as amended (the 1940 Act).
Each Underlying Fund has its own investment objective and invests in certain types of securities or other assets in order to implement its investment strategy and seek to achieve its investment objective. Those types of securities or other assets include, but are not limited to: equity securities (such as common stock, preferred stock, and convertible securities), equity futures, equity swaps, currency forwards, currency futures, commodity futures and swaps, bond futures, fixed income swaps, interest rate swaps, and inflation swaps; U.S. and foreign government bonds, including inflation protected bonds (such as Treasury Inflation Protected Securities); bank loans; cash and cash equivalents, including but not limited to money market fund shares. These holdings can include investment exposure to both developed and emerging markets, and may be illiquid or thinly traded.
Securities held by the Underlying Funds may be denominated in U.S. and/or non-U.S. currencies. An Underlying Fund may be leveraged and therefore could be subject to a heightened risk of loss. The leverage involved in certain derivative transactions may result in an Underlying Funds net asset value being more sensitive to changes in the value of the related investment. Some of the Underlying Funds, particularly those classified as fixed-income strategies, may hold a significant amount of asset-backed securities, mortgage-backed securities, derivatives, and/or junk bonds in order to execute their investment strategies. In determining allocations to any particular Underlying Fund, the Adviser considers, among other things, long-term market and economic conditions, historical performance of each Underlying Fund, and expected long-term performance of each Underlying Fund, as well as diversification to control overall portfolio risk exposure.
The Adviser may change the Underlying Funds in which the Fund invests from time to time at its discretion without notice or shareholder approval. Therefore, the Fund may invest in Underlying Funds that are not listed in the statutory prospectus.
C000218199 Holdings
Top 10 holdings of JNL Conservative Allocation Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| JNL/DoubleLine Total Return Fund | 10.78% |
| JNL/DoubleLine Core Fixed Income Fund | 9.87% |
| JNL/Fidelity Institutional AM Total Bond Fund | 9.43% |
| JNL/PPM America Total Return Fund | 8.93% |
| JNL/PIMCO Income Fund | 7.85% |
| JNL/T. Rowe Price Capital Appreciation Fund | 6.09% |
| Jackson Credit Opportunities Fund | 5.45% |
| JNL Multi-Manager Alternative Fund | 5.29% |
| JNL/DoubleLine Emerging Markets Fixed Income Fund | 4.88% |
| JNL Multi-Manager Select Equity Fund | 4.37% |
C000218199 Portfolio Allocation
Asset-class allocation of JNL Conservative Allocation Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 100.0% |
C000218199 Performance
Total returns for C000218199 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 3.0% |
| 1 year | 7.1% |
| 3 years (annualised) | 7.7% |
| 5 years (annualised) | 2.9% |
C000218199 Risk Information
Risk metrics for C000218199, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 4.5%
C000218199 Costs and Fees
C000218199 costs about $93 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.93%
- Gross expense ratio: 0.93%
- Portfolio turnover: 27%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
C000218199 Cashflows
Over the 12 months to 2026-06, JNL Conservative Allocation Fund had net outflows of $55.82M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$6.86M |
| 2026-05 | −$6.30M |
| 2026-04 | −$8.16M |
| 2026-03 | −$4.85M |
| 2026-02 | −$6.65M |
| 2026-01 | −$11.36M |
C000218199 Debt Constituents
No individual debt constituents are reported in JNL Conservative Allocation Fund's latest SEC N-PORT filing.
C000218199 Prospectus and SEC Filings
Official JNL Conservative Allocation 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 United States Multi-Cap / All-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.