JNL Small Cap Index Fund
Data updated: 2026-08-26
C000225786 — JNL Small Cap Index Fund. United States Small Cap Blend / Core Equity · $2.89B AUM. Holdings, fees, performance and SEC filings.
C000225786 Fund Overview
JNL Small Cap Index Fund is a US mutual fund managed by JNL Series Trust, categorised as United States Small 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 Small Cap Blend / Core Equity
- Assets under management: $2.89B
- 1-year return: 37.4%
- SEC CIK: 0000933691
- SEC series ID: S000071120
- Share class ID: C000225786
C000225786 Investment Objective and Strategy
JNL Small Cap 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 (Fund or Master Fund) is to track the performance of the S&P SmallCap 600 Index to provide long-term growth of capital by investing in equity securities of small- to mid-size domestic companies.
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 S&P SmallCap 600 Index (Index) in proportion to their market capitalization weighting in the Index. The Index is a quarterly-rebalanced, float-adjusted market cap weighted index comprised of approximately 600 U.S. common equities and REITs that meet the index providers criteria for market capitalization, public float, financial viability, liquidity, price reasonableness, and sector representation. The Index may invest across all GICS sectors and may include investments in financial services companies. 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. The Fund attempts to replicate the Index by investing all or substantially all of its assets in the stocks that make up the Index. As of December 31, 2025, the market capitalization range for the Index was $261.7 million to $9.3 billion. When attempting to replicate a capitalization-weighted index such as the Index, portfolio turnover is reduced to what the index adds and deletes, contract owner contributions and withdrawals, and reinvestment of income. The replicated portfolio does not require rebalancing as a result of market movement. It is rebalanced automatically with the change in share prices of the securities owned. The Funds holdings are rebalanced on a quarterly basis to reflect changes in the composition of the Index.
The Fund may also invest in a combination of exchange-traded funds (ETFs) and cash to maintain correlation to its index, to assist with index rebalances, and to meet redemption or purchase requests. The Fund may invest 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. The Fund may lend its securities to increase its income. 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.
C000225786 Holdings
Top 10 holdings of JNL Small Cap Index Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Jackson National Asset Management, LLC | 1.42% |
| Formfactor, Inc. | 0.67% |
| ViaSat, Inc. | 0.66% |
| Molina Healthcare, Inc. | 0.64% |
| Argan, Inc. | 0.60% |
| Brightspring Health Services, Inc. | 0.59% |
| Element Solutions Inc. | 0.59% |
| MaxLinear, Inc. | 0.58% |
| Krystal Biotech, Inc. | 0.53% |
| JNL Government Money Market Fund | 0.49% |
C000225786 Portfolio Allocation
Asset-class allocation of JNL Small Cap Index Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.5% |
| Cash & Equivalents | 1.9% |
C000225786 Performance
Total returns for C000225786 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 23.8% |
| 1 year | 37.4% |
| 3 years (annualised) | 16.0% |
| 5 years (annualised) | 7.3% |
C000225786 Risk Information
Risk metrics for C000225786, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 14.1%
C000225786 Costs and Fees
C000225786 costs about $10 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.10%
- Gross expense ratio: 0.22%
- Portfolio turnover: 36%
- Brokerage commissions: 0.29 bps of average net assets (SEC N-CEN)
C000225786 Cashflows
Over the 12 months to 2026-06, JNL Small Cap Index Fund had net outflows of $198.92M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$30.42M |
| 2026-05 | −$577.40K |
| 2026-04 | $57.56M |
| 2026-03 | −$24.96M |
| 2026-02 | −$6.98M |
| 2026-01 | −$17.02M |
C000225786 Debt Constituents
No individual debt constituents are reported in JNL Small Cap Index Fund's latest SEC N-PORT filing.
C000225786 Prospectus and SEC Filings
Official JNL Small Cap 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 United States Small 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.