JNL/WCM China Quality Growth Fund
Data updated: 2026-05-28
C000234524 — JNL/WCM China Quality Growth Fund. Developed ex-US Small Cap Blend / Core Industrials Equity. Holdings, fees, performance and SEC filings.
C000234524 Fund Overview
JNL/WCM China Quality Growth Fund is a US mutual fund managed by JNL Series Trust, categorised as Developed ex-US Small Cap Blend / Core Industrials 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: Developed ex-US Small Cap Blend / Core Industrials Equity
- Assets under management: $9.80M
- 1-year return: 7.4%
- SEC CIK: 0000933691
- SEC series ID: S000075431
- Share class ID: C000234524
C000234524 Investment Objective and Strategy
JNL/WCM China Quality Growth 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 long-term capital appreciation.
Principal investment strategy
The Fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its assets (net assets plus the amount of any borrowings made for investment purposes) in equity securities of Chinese companies. WCM Investment Management, LLC (WCM), the Funds sub-adviser (the Sub-Adviser), considers a company to be a Chinese company if it has been organized under the laws of, has its principal offices in, or has its securities principally traded in, China, or if the company derives at least 50% of its revenues, net profits or incremental revenue growth (typically over the past five years) from, or has at least 50% of assets or production capacities in, China. For purposes of the Funds investments, China also includes its special administrative regions and other districts, such as Hong Kong and Taiwan.
The Fund may invest in A Shares of companies based in China that trade on the Shanghai Stock Exchange and the Shenzhen Stock Exchange through the Shanghai Hong Kong and Shenzhen Hong Kong Stock Connect programs (Stock Connect). Stock Connect is a mutual stock market access program designed to, among other things, enable foreign investments in China. The Funds investments in equity securities may include common stock, including A-Shares, H-Shares, and depository receipts. The Funds investments in depository receipts may include American, European, Canadian, and Global Depository Receipts (ADRs, EDRs, CDRs, and GDRs, respectively). ADRs and CDRs are receipts that represent interests in foreign securities held on deposit by U.S. and Canadian banks or trust companies, respectively. EDRs and GDRs have the same qualities as ADRs, although they may be traded in several international trading markets.
The Fund may also use participation certificates issued by foreign banks or brokers evidencing ownership of underlying stock issued by a foreign company. Participation certificates are used by foreign investors to access local markets and to gain exposure to, primarily, equity securities of issuers listed on a local exchange. The Sub-Adviser uses a bottom-up approach that seeks to identify companies believed to be quality companies and have above-average potential for growth in assets and the rate of return on invested capital. The Sub-Adviser considers quality growth companies to: (i) have a history of predictable and consistent earnings growth, (ii) have regular, growing dividend payments, (iii) be industry leaders with sustainable competitive advantages, (iv) have corporate cultures emphasizing strong, quality and experienced management, (v) have little or no debt, (vi) have attractive relative valuations, and (vii) have potential for asset base growth.
In selecting securities, the Sub-Adviser also considers other factors including, among others, political risk, monetary policy risk, and regulatory risk. The Sub-Adviser will generally hold the equity securities of approximately 15 to 40 issuers, and the Fund may invest in securities of any market capitalization. The Fund generally invests in companies in any sector, however, from time to time the Fund may invest a significant portion of its assets in the securities of companies in one or more sectors. The Fund is a non-diversified fund, as defined in the Investment Company Act of 1940, as amended (the 1940 Act), and may invest more of its assets in fewer issuers than diversified mutual funds.
C000234524 Holdings
Top 10 holdings of JNL/WCM China Quality Growth Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Tencent Holdings Limited | 9.92% |
| Wasion Holdings Limited | 7.88% |
| Contemporary Amperex Technology Co., Limited | 7.11% |
| Jiangsu Zhongtian Technology Co., Ltd. | 5.50% |
| WuXi AppTec Co., Ltd. | 5.35% |
| Kweichow Moutai Co.,Ltd. | 4.93% |
| Alibaba Group Holding Limited | 4.87% |
| Ping An Insurance (Group) Company of China, Ltd. | 4.81% |
| Foxconn Interconnect Technology Limited | 4.74% |
| Sieyuan Electric Co., Ltd. | 4.55% |
C000234524 Portfolio Allocation
Asset-class allocation of JNL/WCM China Quality Growth Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.2% |
| Cash & Equivalents | 2.1% |
C000234524 Performance
Total returns for C000234524 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | -3.6% |
| 1 year | 7.4% |
| 3 years (annualised) | -1.3% |
C000234524 Risk Information
Risk metrics for C000234524, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 15.9%
C000234524 Costs and Fees
C000234524 costs about $106 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.06%
- Gross expense ratio: 1.06%
- Portfolio turnover: 94%
- Brokerage commissions: 36.27 bps of average net assets (SEC N-CEN)
C000234524 Cashflows
Over the 12 months to 2026-03, JNL/WCM China Quality Growth Fund had net outflows of $1.51M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-03 | −$476.14K |
| 2026-02 | −$407.22K |
| 2026-01 | −$412.33K |
| 2025-12 | −$3.35M |
| 2025-11 | $2.96M |
| 2025-10 | $1.21M |
C000234524 Debt Constituents
No individual debt constituents are reported in JNL/WCM China Quality Growth Fund's latest SEC N-PORT filing.
C000234524 Prospectus and SEC Filings
Official JNL/WCM China Quality Growth Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-04-24
- Prospectus (485BPOS) — filed 2024-04-26
- Prospectus (485BPOS) — filed 2023-04-27
- Portfolio holdings (N-PORT) — filed 2026-05-28
- Portfolio holdings (N-PORT) — filed 2026-02-25
- Portfolio holdings (N-PORT) — filed 2025-11-25
- Annual census (N-CEN) — filed 2026-03-12
- Annual census (N-CEN) — filed 2025-03-14
Related Funds
Other Developed ex-US Small Cap Blend / Core Industrials 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.