C000218221 Fees and Costs — JNL/Newton Equity Income Fund, Class I
Data updated: 2026-08-26
The net expense ratio is 0.56%: a 0.40% management fee plus 0.16% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $1.2M in broker commissions, 0.0353% of average net assets, and portfolio turnover was 77%.
C000218221 Fees and Expenses
Annual operating expenses and sales charges of C000218221. Prospectus, as of April 23, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.16% |
| Gross expense ratio | 0.56% |
| Fee waiver | — |
| Net expense ratio | 0.56% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000218221 Costs Over Time
On $10,000 invested in C000218221, assuming 5% a year before costs, total costs come to $375 over 5 years, cutting the return by 0.63% 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 0.56%) | $59 | $184 | $321 |
| Trading costs (broker commissions) | $4 | $12 | $20 |
| Lost growth on money paid in costs | $0 | $10 | $34 |
| Total costs | $63 | $206 | $375 |
| Value after costs | $10,437 | $11,371 | $12,387 |
| Impact on return, per year | 0.63% | 0.63% | 0.63% |
C000218221 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): 0.0353%
- Total broker commissions: $1.2M
- Bought from dealers (principal trades, not a cost): $2.2B
- Portfolio turnover (prospectus): 77%
- Securities on loan, average value: $4.3M
- Net income from securities lending: $19K (0.001% of average net assets)
C000218221 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Banc of America Securities | $338K | 36.73% |
| Piper Jaffray Companies | $99K | 10.69% |
| Stifel Financial Corporation | $94K | 10.18% |
| Capital Institutional Services Inc. | $93K | 10.06% |
| Jefferies Group | $77K | 8.31% |
| Wells Fargo Investments LLC | $54K | 5.82% |
| Goldman Sachs & Co. LLC | $54K | 5.81% |
| Barclays PLC | $49K | 5.31% |
| J.P. Morgan Securities LLC | $35K | 3.78% |
| RBC Capital Markets, LLC | $30K | 3.30% |
C000218221 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jackson National Asset Management, LLC | $2.2B | 100.00% |
JNL/Newton Equity Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000218221 | Class I | 0.56% | — |
| C000218220 | Class A | 0.86% | — |
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.