C000225791 Fees and Costs — JNL/Baillie Gifford U.S. Equity Growth Fund, Class I
Data updated: 2024-11-26
The net expense ratio is 0.65%: a 0.50% management fee plus 0.15% other expenses. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $12K in broker commissions, 0.0143% of average net assets, and portfolio turnover was 32%.
C000225791 Fees and Expenses
Annual operating expenses and sales charges of C000225791. Prospectus, as of April 30, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.15% |
| Gross expense ratio | 0.65% |
| Fee waiver | — |
| Net expense ratio | 0.65% |
| 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 |
C000225791 Costs Over Time
On $10,000 invested in C000225791, assuming 5% a year before costs, total costs come to $418 over 5 years, cutting the return by 0.70% 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 0.65%) | $68 | $214 | $372 |
| Trading costs (broker commissions) | $2 | $5 | $8 |
| Lost growth on money paid in costs | $0 | $11 | $38 |
| Total costs | $70 | $229 | $418 |
| Value after costs | $10,430 | $11,347 | $12,344 |
| Impact on return, per year | 0.70% | 0.70% | 0.70% |
C000225791 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0143%
- Total broker commissions: $12K
- Bought from dealers (principal trades, not a cost): $57.4M
- Portfolio turnover (prospectus): 32%
- Securities on loan, average value: $1.9M
- Net income from securities lending: $11K (0.014% of average net assets)
C000225791 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $2K | 15.21% |
| Morgan Stanley & Co, Inc | $2K | 15.09% |
| UBS Securities LLC | $1K | 12.04% |
| HSBC Securities (USA) Inc. | $1K | 10.30% |
| J.P. Morgan Securities LLC | $1K | 10.18% |
| Cantor Fitzgerald Europe | $803 | 8.04% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $788 | 7.88% |
| Wells Fargo Securities, LLC | $743 | 7.43% |
| CitiGroup Global Markets, Inc. | $691 | 6.92% |
| Robert W. Baird & Co. | $690 | 6.91% |
C000225791 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jackson National Asset Management, LLC | $57.3M | 99.73% |
| Morgan Stanley & Co, Inc | $158K | 0.27% |
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.