JNL EltAccB-JNL Multi-Manager Mid Cap A
Investment Strategy
The investment seeks long-term total return. The fund seeks to achieve its investment objective by investing at least 80% of its total assets (net assets plus the amount of any borrowings made for investment purposes) in a variety of mid-capitalization growth and value strategies, sometimes referred to as "sleeves," managed by unaffiliated investment managers ("Sub-Advisers"). Each of the Sub-Advisers generally provides day-to-day management for a portion of the fund's assets. It has flexibility in the relative weighting of each asset class and the advisor expects to vary the percentages of assets invested in each asset class from time to time.Investment Expenses, Sales Charges, and Fees
Annual Operating Expense
Net Expense Ratio: 1.09%
Average Annual Total Returns
All average annual total returns are reported net of all fees and as of the end of the last quarter. Past performance does not guarantee future results.
| Year | 1 | 3 | 5 | 10 |
Since Inception (09/19/2016) |
|---|---|---|---|---|---|
Total Returns |
-6.07%
|
-0.53%
|
11.48%
|
0.00%
|
7.58%
|
Impact of Expenses and Fees
The table below assumes the investor invests $10,000 on the first day of year one and that the original investment earns a continuous 5% return. In addition, it assumes the
investor reinvests all earnings, and makes no additional contributions. The 5% rate of return is hypothetical and used only to illustrate the respective impacts of different fee
amounts on each investment. It is not intended to predict future investment returns.
Calculations are done by the 403bCompare site in an effort to provide a standardized comparison of the impact of all fees associated with an investment option. This includes all
required 403(b) product-level fees, and investment-level fees. For more information on fees or expenses associated with a 403(b) product or investment option, please refer
fees located in Help & Resources .
| If Shares are Redeemed | |||||
|---|---|---|---|---|---|
| End of year |
1
|
5
|
10
|
15
|
20
|
| Total Fees and Charges |
$959
|
$1,863
|
$3,199
|
$5,026
|
$7,031
|
| If Shares are Not Redeemed | |||||
|---|---|---|---|---|---|
| End of year |
1
|
5
|
10
|
15
|
20
|
| Total Fees and Charges |
$296
|
$1,530
|
$3,199
|
$5,026
|
$7,031
|