EX-99.28(H)(1)(XXV) 23 exh1xxv_adminamend20210426.htm AMENDMENT, EFFECTIVE APRIL 26, 2021, TO AMENDED AND RESTATED ADMINISTRATION AGREEMENT BETWEEN REGISTRANT AND

Ex. 99.28(h)(1)(xxv)

 

Amendment to

Amended and Restated Administration Agreement

Between JNL Series Trust and

Jackson National Asset Management, LLC

 

 

This Amendment is made by and between Jackson National Asset Management, LLC, a Michigan limited liability company (the “Administrator”), and JNL Series Trust, a Massachusetts business trust (the “Trust”).

 

Whereas, the Trust and the Administrator (the “Parties”) entered into an Amended and Restated Administration Agreement effective as of July 1, 2013, as amended (the “Agreement”), whereby the Administrator agreed to provide certain administrative services to several separate series of shares (each a “Fund”) of the Trust, as listed on Schedule A of the Agreement.

 

Whereas, the Board of Trustees of the Trust (the “Board”) has approved (i) three new Funds of the Trust (each, a “New Fund” and collectively, the “New Funds”), (ii) mergers for 19 Funds of the Trust into other Funds of the Trust (each, a “Merged Fund” and collectively, the “Merged Funds”), (iii) fund name changes for eight Funds of the Trust (the “Fund Name Changes”), (iv) fee changes for four Funds of the Trust (the “Fee Changes”), and (v) the addition of a footnote to fees for five Funds of the Trust (the “Fee Footnote”), as outlined below, effective April 26, 2021:

 

New Funds

 


 1) JNL/American Funds® Bond Fund of America Fund;

 


 2) JNL/Baillie Gifford U.S. Equity Growth Fund; and

 


 3) JNL/Morningstar PitchBook Listed Private Equity Index Fund.

 

Merged Funds

 


 1) JNL/AQR Large Cap Relaxed Constraint Equity Fund;

 


 2) JNL/AQR Managed Futures Strategy Fund;

 


 3) JNL/Boston Partners Global Long Short Equity Fund;

 

 

4) JNL/DFA Growth Allocation Fund;
5) JNL/DFA Moderate Growth Allocation Fund;
6) JNL/Franklin Templeton International Small Cap Fund;

 


 7) JNL/Goldman Sachs Competitive Advantage Fund;

 


 8) JNL/Goldman Sachs Dividend Income & Growth Fund;

 


 9) JNL/Goldman Sachs International 5 Fund;

 


 10) JNL/Goldman Sachs Intrinsic Value Fund;

 


 11) JNL/Goldman Sachs Total Yield Fund;

 


 12) JNL/Mellon Index 5 Fund;

 


 13) JNL/PPM America Small Cap Value Fund;

 


 14) JNL/RAFI® Fundamental Asia Developed Fund;

 


 15) JNL/RAFI® Fundamental Europe Fund;

 


 16) JNL/Vanguard Capital Growth Fund;

 


 17) JNL/Vanguard Global Bond Market Index Fund;

 


 18) JNL/Vanguard International Stock Market Index Fund; and

 


 19) JNL/Vanguard Small Company Growth Fund.

 

Fund Name Changes

 


 1) JNL/American Funds® Blue Chip Income and Growth Fund change to JNL/American Funds® Washington Mutual Investors Fund;

 


 2) JNL/First State Global Infrastructure Fund change to JNL/First Sentier Global Infrastructure Fund;

 

 

     
 

 


 3) JNL/Invesco Global Real Estate Fund change to JNL/WMC Global Real Estate Fund (in connection with an investment sub-adviser replacement, as approved by the Board);

 


 4) JNL/JPMorgan Growth & Income Fund change to JNL/JPMorgan U.S. Value Fund;

 


 5) JNL/Mellon MSCI World Index Fund change to JNL/Mellon World Index Fund;

 


 6) JNL/Vanguard Equity Income Fund change to JNL/WMC Equity Income Fund (in connection with the conversion from a feeder fund to a sub-advised fund, as approved by the Board);

 


 7) JNL/Vanguard International Fund change to JNL/Baillie Gifford International Growth Fund (in connection with the conversion from a feeder fund to a sub-advised fund, as approved by the Board); and

 

8) JNL/Vanguard U.S. Stock Market Index Fund change to JNL/Mellon U.S. Stock Market Index Fund (in connection with the conversion from a Fund of Funds to a sub-advised index fund, as approved by the Board).



Fee Changes

 


 1) JNL/Baillie Gifford International Growth Fund;

 


 2) JNL/Goldman Sachs 4 Fund;

 


 3) JNL/Mellon U.S. Stock Market Index Fund; and

 


 4) JNL/WMC Equity Income Fund.

 

 

Fee Footnote

 


 1) JNL/Mellon Bond Index Fund;

 


 2) JNL/Mellon Emerging Markets Index Fund;

 


 3) JNL/Mellon International Index Fund;

 


 4) JNL/Mellon S&P 400 MidCap Index Fund; and

 


 5) JNL/Mellon Small Cap Index Fund.

 

Whereas, pursuant to Board approval of the changes, as outlined above, the Parties have agreed to amend Schedule A and Schedule B of the Agreement to add each New Fund and each New Fund’s respective investment advisory fees, to remove the Merged Funds and each Merged Fund’s respective investment advisory fees, to update the names of certain Funds pursuant to the Fund Name Changes, to update administration fees for certain Funds pursuant to the Fee Changes, and to add a Fee Footnote for certain Funds, effective April 26, 2021.

 

Now Therefore, in consideration of the mutual covenants herein contained, the Parties hereby agree to amend the Agreement as follows:

 


 1) Schedule A to the Agreement is hereby deleted and replaced, in its entirety, with Schedule A dated April 26, 2021, attached hereto.

 


 2) Schedule B to the Agreement is hereby deleted and replaced, in its entirety, with Schedule B dated April 26, 2021, attached hereto.

 


 3) Each of the Parties represents and warrants to the others that it has full authority to enter into this Amendment, upon the terms and conditions hereof, and that the individual executing this Amendment is duly authorized to bind the respective party to this Amendment.

 


 4) This Amendment may be executed in one or more counterparts, which together shall constitute one document.

 

In Witness Whereof, the Administrator and the Trust have caused this Amendment to be executed, effective April 26, 2021.

 

 

JNL Series Trust

 

Jackson National Asset Management, LLC

 

By:

 /s/ Kristen K. Leeman  

 

By:

 /s/Mark D. Nerud  
Name: Kristen K. Leeman   Name: Mark D. Nerud  
Title: Assistant Secretary   Title: President and CEO  

 

 

 

- 2 -

  
 

 

Schedule A

Dated April 26, 2021

(List of Funds)

 

 

 
Funds
 
JNL/American Funds® Balanced Fund
JNL/American Funds® Bond Fund of America Fund
JNL/American Funds® Capital Income Builder Fund
JNL/American Funds® Capital World Bond Fund
JNL/American Funds® Global Growth Fund
JNL/American Funds® Global Small Capitalization Fund
JNL/American Funds® Growth Fund
JNL/American Funds® Growth-Income Fund
JNL/American Funds® International Fund
JNL/American Funds® New World Fund
JNL/American Funds® Washington Mutual Investors Fund
JNL Aggressive Growth Allocation Fund
JNL Conservative Allocation Fund
JNL Growth Allocation Fund
JNL iShares Tactical Growth Fund
JNL iShares Tactical Moderate Fund
JNL iShares Tactical Moderate Growth Fund
JNL Moderate Allocation Fund
JNL Moderate Growth Allocation Fund
JNL Multi-Manager Alternative Fund
JNL Multi-Manager Emerging Markets Equity Fund
JNL Multi-Manager International Small Cap Fund
JNL Multi-Manager Mid Cap Fund
JNL Multi-Manager Small Cap Growth Fund
JNL Multi-Manager Small Cap Value Fund
JNL/American Funds® Growth Allocation Fund
JNL/American Funds® Moderate Growth Allocation Fund
JNL/AQR Large Cap Defensive Style Fund
JNL/Baillie Gifford International Growth Fund
JNL/Baillie Gifford U.S. Equity Growth Fund
JNL/BlackRock Advantage International Fund
JNL/BlackRock Global Allocation Fund
JNL/BlackRock Global Natural Resources Fund
JNL/BlackRock Large Cap Select Growth Fund
JNL/Causeway International Value Select Fund
JNL/ClearBridge Large Cap Growth Fund
JNL/DFA International Core Equity Fund
JNL/DFA U.S. Core Equity Fund
JNL/DFA U.S. Small Cap Fund

 

 

 

A-1

  
 

 

 
Funds
 
JNL/DoubleLine® Core Fixed Income Fund
JNL/DoubleLine® Emerging Markets Fixed Income Fund
JNL/DoubleLine® Shiller Enhanced CAPE® Fund
JNL/DoubleLine® Total Return Fund
JNL/Fidelity Institutional Asset Management® Total Bond Fund
JNL/First Sentier Global Infrastructure Fund
JNL/Franklin Templeton Global Multisector Bond Fund
JNL/Franklin Templeton Growth Allocation Fund
JNL/Franklin Templeton Income Fund
JNL/Goldman Sachs 4 Fund
JNL/Goldman Sachs Managed Aggressive Growth Fund
JNL/Goldman Sachs Managed Conservative Fund
JNL/Goldman Sachs Managed Growth Fund
JNL/Goldman Sachs Managed Moderate Fund
JNL/Goldman Sachs Managed Moderate Growth Fund
JNL/GQG Emerging Markets Equity Fund
JNL/Harris Oakmark Global Equity Fund
JNL/Heitman U.S. Focused Real Estate Fund
JNL/Invesco Diversified Dividend Fund
JNL/Invesco Global Growth Fund
JNL/Invesco International Growth Fund
JNL/Invesco Small Cap Growth Fund
JNL/JPMorgan Global Allocation Fund
JNL/JPMorgan Hedged Equity Fund
JNL/JPMorgan MidCap Growth Fund
JNL/JPMorgan U.S. Government & Quality Bond Fund
JNL/JPMorgan U.S. Value Fund
JNL/Lazard International Strategic Equity Fund
JNL/Loomis Sayles Global Growth Fund
JNL/Lord Abbett Short Duration Income Fund
JNL/Mellon Bond Index Fund
JNL/Mellon Communication Services Sector Fund
JNL/Mellon Consumer Discretionary Sector Fund
JNL/Mellon Consumer Staples Sector Fund
JNL/Mellon DowSM Index Fund
JNL/Mellon Emerging Markets Index Fund
JNL/Mellon Energy Sector Fund
JNL/Mellon Equity Income Fund
JNL/Mellon Financial Sector Fund
JNL/Mellon Healthcare Sector Fund
JNL/Mellon Industrials Sector Fund
JNL/Mellon Information Technology Sector Fund
JNL/Mellon International Index Fund

 

 

 

A-2

  
 

 

 
Funds
 
JNL/Mellon Materials Sector Fund
JNL/Mellon MSCI KLD 400 Social Index Fund
JNL/Mellon Nasdaq® 100 Index Fund
JNL/Mellon Real Estate Sector Fund
JNL/Mellon S&P 400 MidCap Index Fund
JNL/Mellon S&P 500 Index Fund
JNL S&P 500 Index Fund
JNL/Mellon Small Cap Index Fund
JNL/Mellon U.S. Stock Market Index Fund
JNL/Mellon Utilities Sector Fund
JNL/Mellon World Index Fund
JNL/Morningstar PitchBook Listed Private Equity Index Fund
JNL/Morningstar Wide Moat Index Fund
JNL/MFS Mid Cap Value Fund
JNL/Neuberger Berman Commodity Strategy Fund
JNL/Neuberger Berman Strategic Income Fund
JNL/PIMCO Income Fund
JNL/PIMCO Investment Grade Credit Bond Fund
JNL/PIMCO Real Return Fund
JNL/PPM America Floating Rate Income Fund
JNL/PPM America High Yield Bond Fund
JNL/PPM America Total Return Fund
JNL/RAFI® Fundamental U.S. Small Cap Fund
JNL/RAFI® Multi-Factor U.S. Equity Fund
JNL/T. Rowe Price Balanced Fund
JNL/T. Rowe Price Capital Appreciation Fund
JNL/T. Rowe Price Established Growth Fund
JNL/T. Rowe Price Mid-Cap Growth Fund
JNL/T. Rowe Price Short-Term Bond Fund
JNL/T. Rowe Price U.S. High Yield Fund
JNL/T. Rowe Price Value Fund
JNL/Westchester Capital Event Driven Fund
JNL/WCM Focused International Equity Fund
JNL/WMC Balanced Fund
JNL/WMC Equity Income Fund
JNL/WMC Global Real Estate Fund
JNL/WMC Government Money Market Fund
JNL/WMC Value Fund
JNL/Vanguard Growth ETF Allocation Fund
JNL/Vanguard Moderate ETF Allocation Fund
JNL/Vanguard Moderate Growth ETF Allocation Fund
 

 

 

 

A-3

  
 

 

Schedule B

Dated April 26, 2021

Class A Shares and Class I Shares

 

 

     
Funds

 

Assets

 

 

Fee

 

 

JNL/American Funds® Balanced Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.10%

.08%

 

 

JNL/American Funds® Bond Fund of America Fund

 

$0 to $3 billion

Assets over $3 billion

 

 

.10%

.08%

 

JNL/American Funds® Capital Income Builder Fund

 

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.10%

.08%

 

 

JNL/American Funds® Capital Word Bond Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.10%

.08%

 

 

JNL/American Funds® Global Growth Fund

 

$0 to $3 billion

Assets over $3 billion

 

.10%

.08%

 

JNL/American Funds® Global Small Capitalization Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.10%

.08%

 

 

JNL/American Funds® Growth Fund

 

$0 to $3 billion

Assets over $3 billion

 

 

.10%

.08%

 

JNL/American Funds® Growth-Income Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.10%

.08%

 

 

JNL/American Funds® International Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.10%

.08%

 

 

JNL/American Funds® New World Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.10%

.08%

 

 

JNL/American Funds® Washington Mutual Investors Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.10%

.08%

 

JNL Aggressive Growth Allocation Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.05%

.045%

 

 

JNL Conservative Allocation Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.05%

.045%

 

JNL Growth Allocation Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.05%

.045%

 

 

JNL iShares Tactical Growth Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL iShares Tactical Moderate Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL iShares Tactical Moderate Growth Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL Moderate Allocation Fund

 

$0 to $3 billion

Assets over $3 billion

 

 

.05%

.045%

 

JNL Moderate Growth Allocation Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.05%

.045%

 

 

JNL Multi-Manager Alternative Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.20%

.18%

 

 

JNL Multi-Manager Emerging Markets Equity Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

 

 

B-1

  
 

 

     
Funds

 

Assets

 

 

Fee

 

 

JNL Multi-Manager International Small Cap Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL Multi-Manager Mid Cap Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL Multi-Manager Small Cap Growth Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.10%

.09%

 

 

JNL Multi-Manager Small Cap Value Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.10%

.09%

 

 

JNL/American Funds® Growth Allocation Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/American Funds® Moderate Growth Allocation Fund

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/AQR Large Cap Defensive Style Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/Baillie Gifford International Growth Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/Baillie Gifford U.S. Equity Growth Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/BlackRock Advantage International Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/BlackRock Global Allocation Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/BlackRock Global Natural Resources Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/BlackRock Large Cap Select Growth Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.10%

.09%

 

 

JNL/Causeway International Value Select Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/ClearBridge Large Cap Growth Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/DFA International Core Equity Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/DFA U.S. Core Equity Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.10%

.09%

 

 

JNL/DFA U.S. Small Cap Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/DoubleLine® Core Fixed Income Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.10%

.09%

 

 

JNL/DoubleLine® Emerging Markets Fixed Income Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/DoubleLine® Shiller Enhanced CAPE® Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/DoubleLine® Total Return Fund

$0 to $3 billion

Assets over $3 billion

 

 

.10%

.08%

 

JNL/Fidelity Institutional Asset Management® Total Bond Fund

 

$0 to $3 billion

Assets over $3 billion

 

 

.10%

.09%

 

 

 

 

B-2

  
 

 

     
Funds

 

Assets

 

 

Fee

 

 

JNL/First Sentier Global Infrastructure Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/Franklin Templeton Global Multisector Bond Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/Franklin Templeton Growth Allocation Fund

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

. 13%

 

 

JNL/Franklin Templeton Income Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.10%

.09%

 

 

JNL/Goldman Sachs 4 Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/Goldman Sachs Managed Aggressive Growth Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.05%

.045%

 

 

JNL/Goldman Sachs Managed Conservative Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.05%

.045%

 

 

JNL/Goldman Sachs Managed Growth Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.05%

.045%

 

 

JNL/Goldman Sachs Managed Moderate Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.05%

.045%

 

 

JNL/Goldman Sachs Managed Moderate Growth Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.05%

.045%

 

 

JNL/GQG Emerging Markets Equity Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/Harris Oakmark Global Equity Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/Heitman U.S. Focused Real Estate Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/Invesco Diversified Dividend Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/Invesco Global Growth Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/Invesco International Growth Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/Invesco Small Cap Growth Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.10%

.09%

 

 

JNL/JPMorgan Global Allocation Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/JPMorgan Hedged Equity Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/JPMorgan MidCap Growth Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.10%

.09%

 

 

JNL/JPMorgan U.S. Government & Quality Bond Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.10%

.09%

 

 

JNL/JPMorgan U.S. Value Fund

 

$0 to $3 billion

Assets over $3 billion

 

 

.10%

.09%

 

 

JNL/Lazard International Strategic Equity Fund

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

 

 

B-3

  
 

 

     
Funds

 

Assets

 

 

Fee

 

 

JNL/Loomis Sayles Global Growth Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/Lord Abbett Short Duration Income Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/Mellon Bond Index Fund

 

 

$0 to $3 billion1

Assets over $3 billion1

 

 

.10%1

.09%1

 

 

JNL/Mellon Communication Services Sector Fund

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/Mellon Consumer Discretionary Sector Fund

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/Mellon Consumer Staples Sector Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/Mellon DowSM Index Fund

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/Mellon Emerging Markets Index Fund

 

 

$0 to $3 billion1

Assets over $3 billion1

 

 

.15%1

.13%1

 

 

JNL/Mellon Energy Sector Fund

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/Mellon Equity Income Fund

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/Mellon Financial Sector Fund

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/Mellon Healthcare Sector Fund

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/Mellon Industrials Sector Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/Mellon Information Technology Sector Fund

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/Mellon International Index Fund

 

 

$0 to $3 billion1

Assets over $3 billion1

 

 

.15%1

.13%1

 

 

JNL/Mellon Materials Sector Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/Mellon MSCI KLD 400 Social Index Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/Mellon Nasdaq® 100 Index Fund

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/Mellon Real Estate Sector Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/Mellon S&P 400 MidCap Index Fund

 

 

$0 to $3 billion1

Assets over $3 billion1

 

 

.10%1

.09%1

 

 

JNL/Mellon S&P 500 Index Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.10%

.09%

 

 

JNL S&P 500 Index Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.10%

.09%

 

 

JNL/Mellon Small Cap Index Fund

 

 

$0 to $3 billion1

Assets over $3 billion1

 

 

.10%1

.09%1

 

 

 

 

B-4

  
 

 

     
Funds

 

Assets

 

 

Fee

 

 

JNL/Mellon U.S. Stock Market Index Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/Mellon Utilities Sector Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/Mellon World Index Fund

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/Morningstar PitchBook Listed Private Equity Index Fund

 

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/Morningstar Wide Moat Index Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/MFS Mid Cap Value Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.10%

.09%

 

 

JNL/Neuberger Berman Commodity Strategy Fund

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/Neuberger Berman Strategic Income Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/PIMCO Income Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/PIMCO Investment Grade Credit Bond Fund

$0 to $3 billion

Assets over $3 billion

 

 

.10%

.08%

 

JNL/PIMCO Real Return Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.10%

.09%

 

 

JNL/PPM America Floating Rate Income Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/PPM America High Yield Bond Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.10%

.09%

 

 

JNL/PPM America Total Return Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.10%

.09%

 

 

JNL/RAFI® Fundamental U.S. Small Cap Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/RAFI® Multi-Factor U.S. Equity Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/T. Rowe Price Capital Appreciation Fund

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/T. Rowe Price Established Growth Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.10%

.09%

 

 

JNL/T. Rowe Price Balanced Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/T. Rowe Price Mid-Cap Growth Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.10%

.09%

 

 

JNL/T. Rowe Price Short-Term Bond Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.10%

.09%

 

 

JNL/T. Rowe Price U.S. High Yield Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/T. Rowe Price Value Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.10%

.09%

 

 

 

 

B-5

  
 

 

     
Funds

 

Assets

 

 

Fee

 

 

JNL/Westchester Capital Event Driven Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.10%

.08%

 

 

JNL/WCM Focused International Equity Fund

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/WMC Balanced Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.10%

.09%

 

 

JNL/WMC Equity Income Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/WMC Global Real Estate Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/WMC Government Money Market Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.10%

.09%

 

 

JNL/WMC Value Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.10%

.09%

 

 

JNL/Vanguard Growth ETF Allocation Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/Vanguard Moderate ETF Allocation Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 

 

JNL/Vanguard Moderate Growth ETF Allocation Fund

 

 

$0 to $3 billion

Assets over $3 billion

 

 

.15%

.13%

 
     

 

 

 

 

1 The fee for these funds is based on total net assets of the associated master fund.


 


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