Amended and Restated Investment Advisory and Management Agreement Between JNL Series Trust and
Ex. 99.28(d)(1)(xxii)
Amendment to
Amended and Restated Investment Advisory
and Management Agreement
Between JNL Series Trust and
Xxxxxxx National Asset Management, LLC
This Amendment is made by and between JNL Series Trust, a Massachusetts business trust (the “Trust”) and Xxxxxxx National Asset Management, LLC, a Michigan limited liability company (the “Adviser”).
Whereas, the Trust and the Adviser (the “Parties”) entered into an Amended and Restated Investment Advisory and Management Agreement, effective as of the 1st day of July, 2013, as amended (the “Agreement”), whereby the Adviser agreed to provide certain investment advisory 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”), and (iv) fee changes for six Funds of the Trust (the “Fee Changes”), as outlined below, effective April 26, 2021:
New Funds
| 1) | JNL/American Funds® Bond Fund of America Fund; |
| 2) | JNL/Xxxxxxx Xxxxxxx 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 Xxxxxxxxx International Small Cap Fund; |
| 7) | JNL/Xxxxxxx Sachs Competitive Advantage Fund; |
| 8) | JNL/Xxxxxxx Xxxxx Dividend Income & Growth Fund; |
| 9) | JNL/Xxxxxxx Sachs International 5 Fund; |
| 10) | JNL/Xxxxxxx Xxxxx Intrinsic Value Fund; |
| 11) | JNL/Xxxxxxx 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; |
| -1- |
| 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/Xxxxxxx Xxxxxxx 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 Multi-Manager Alternative Fund; |
| 2) | JNL/Xxxxxxx Xxxxxxx International Growth Fund; |
| 3) | JNL/Xxxxxxx Sachs 4 Fund; |
| 4) | JNL/Mellon U.S. Stock Market Index Fund; |
| 5) | JNL/WMC Equity Income Fund; and |
| 6) | JNL/WMC Global Real Estate 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, and to update investment advisory fees for certain Funds pursuant to the Fee Changes, 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 Adviser and the Trust have caused this Amendment to be executed, effective April 26, 2021.
|
|
Xxxxxxx National Asset Management, LLC |
||||
|
By: |
/s/ Xxxxxxx X. Xxxxxx |
By: |
/s/ Xxxx X. Xxxxx | ||
| Name: | Xxxxxxx X. Xxxxxx | Name: | Xxxx X. Xxxxx | ||
| 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/Xxxxxxx Xxxxxxx International Growth Fund |
| JNL/Xxxxxxx Xxxxxxx 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 |
| JNL/DoubleLine® Core Fixed Income Fund |
| A-1 |
| Funds |
| 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 Xxxxxxxxx Global Multisector Bond Fund |
| JNL/Franklin Xxxxxxxxx Growth Allocation Fund |
| JNL/Franklin Xxxxxxxxx Income Fund |
| JNL/Xxxxxxx Sachs 4 Fund |
| JNL/Xxxxxxx Xxxxx Managed Aggressive Growth Fund |
| JNL/Xxxxxxx Sachs Managed Conservative Fund |
| JNL/Xxxxxxx Xxxxx Managed Growth Fund |
| JNL/Xxxxxxx Sachs Managed Moderate Fund |
| JNL/Xxxxxxx Xxxxx Managed Moderate Growth Fund |
| JNL/GQG Emerging Markets Equity Fund |
| JNL/Xxxxxx Oakmark Global Equity Fund |
| JNL/Xxxxxxx 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/Xxxxxx Xxxxxx Global Growth Fund |
| JNL/Lord Xxxxxx 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 |
| JNL/Mellon Materials Sector Fund |
| A-2 |
| Funds |
| 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/Xxxxxxxxx Xxxxxx Commodity Strategy Fund |
| JNL/Xxxxxxxxx Xxxxxx 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/X. Xxxx Price Balanced Fund |
| JNL/X. Xxxx Price Capital Appreciation Fund |
| JNL/X. Xxxx Price Established Growth Fund |
| JNL/X. Xxxx Price Mid-Cap Growth Fund |
| JNL/X. Xxxx Price Short-Term Bond Fund |
| JNL/X. Xxxx Price U.S. High Yield Fund |
| JNL/X. Xxxx 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
(Compensation)
|
Fund
|
Assets
|
Advisory Fee (Annual Rate Based on Average Net Assets of each Fund) |
|
JNL/American Funds® Balanced Fund
|
$0 to $500 million $500 million to $3 billion $3 billion to $5 billion Over $5 billion |
.550% .500% .490% .480% |
|
JNL/American Funds® Bond Fund of America Fund
|
$0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.400% .375% .350% .340% |
|
JNL/American Funds® Capital Income Builder Fund
|
$0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.525% .500% .490% .480% |
|
JNL/American Funds® Capital World Bond Fund
|
$0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.600% .550% .540% .530% |
| JNL/American Funds® Global Growth Fund |
$0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.650% .600% .590% .580% |
|
JNL/American Funds® Global Small Capitalization Fund
|
$0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.650% .600% .590% .580% |
| JNL/American Funds® Growth Fund |
$0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.650% .600% .590% .580% |
|
JNL/American Funds® Growth-Income Fund
|
$0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.600% .550% .540% .530% |
| JNL/American Funds® International Fund |
$0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.750% .700% .690% .680% |
|
JNL/American Funds® New World Fund
|
$0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.950% .900% .890% .880% |
| JNL/American Funds® Washington Mutual Investors Fund |
$0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.600% .550% .540% .530% |
| JNL Aggressive Growth Allocation Fund |
$0 to $500 million $500 million to $3 billion $3 billion to $5 billion Over $5 billion |
.130% .080% .075% .070% |
| B-1 |
|
Fund
|
Assets
|
Advisory Fee (Annual Rate Based on Average Net Assets of each Fund) |
| JNL Conservative Allocation Fund |
$0 to $500 million $500 million to $3 billion $3 billion to $5 billion Over $5 billion |
.130% .080% .075% .070% |
| JNL Growth Allocation Fund |
$0 to $500 million $500 million to $3 billion $3 billion to $5 billion Over $5 billion |
.130% .08% .075% .070% |
| JNL iShares Tactical Growth Fund |
$0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.200% .150% .140% .130% |
| JNL iShares Tactical Moderate Fund |
$0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.200% .150% .140% .130% |
| JNL iShares Tactical Moderate Growth Fund |
$0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.200% .150% .140% .130% |
| JNL Moderate Allocation Fund |
$0 to $500 million $500 million to $3 billion $3 billion to $5 billion Over $5 billion |
.130% .080% .075% .070% |
| JNL Moderate Growth Allocation Fund |
$0 to $500 million $500 million to $3 billion $3 billion to $5 billion Over $5 billion |
.130% .080% .075% .070% |
|
JNL Multi-Manager Alternative Fund
|
$0 to $850 million $850 million to $3 billion $3 billion to $5 billion Over $5 billion |
1.200% 1.100% 1.090% 1.080% |
| JNL Multi-Manager Emerging Markets Equity Fund |
$0 to $250 million $250 million to $3 billion $3 billion to $5 billion Over $5 billion |
.800% .750% .740% .730% |
|
JNL Multi-Manager International Small Cap Fund
|
$0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.750% .725% .715% .705% |
|
JNL Multi-Manager Mid Cap Fund
|
$0 to $500 million $500 million to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.650% .625% .600% .590% .580% |
| JNL Multi-Manager Small Cap Growth Fund |
$0 to $100 million $100 million to $500 million $500 million to $3 billion $3 billion to $5 billion Over $5 billion |
.650% .600% .550% .540% .530% |
| JNL Multi-Manager Small Cap Value Fund |
$0 to $200 million $200 million to $500 million $500 million to $3 billion $3 billion to $5 billion Over $5 billion |
.750% .670% .650% .640% .630% |
| B-2 |
|
Fund
|
Assets
|
Advisory Fee (Annual Rate Based on Average Net Assets of each Fund) |
|
JNL/American Funds® Growth Allocation Fund
|
$0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.200% .175% .165% .155% |
| JNL/American Funds® Moderate Growth Allocation Fund |
$0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.200% .175% .165% .155% |
|
JNL/AQR Large Cap Defensive Style Fund
|
$0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.400% .370% .360% .350% |
| JNL/Xxxxxxx Xxxxxxx International Growth Fund |
$0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.530% .520% .510% .500% |
|
JNL/Xxxxxxx Xxxxxxx U.S. Equity Growth Fund
|
$0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.500% .450% .440% .430% |
|
JNL/BlackRock Advantage International Fund
|
$0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.550% .525% .500% .490% |
|
JNL/BlackRock Global Allocation Fund
|
$0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.600% .565% .550% .540% |
|
JNL/BlackRock Global Natural Resources Fund
|
$0 to $300 million $300 million to $ 1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.600% .500% .490% .480% .470% |
|
JNL/BlackRock Large Cap Select Growth Fund
|
$0 to $150 million $150 million to $500 million $500 million to $750 million $750 million to $3 billion $3 billion to $5 billion Over $5 billion |
.600% .550% .500% .450% .440% .430% |
| JNL/Causeway International Value Select Fund |
$0 to $500 million $500 million to $2 billion $2 billion to $5 billion Over $5 billion |
.550% .500% .470% .460% |
| JNL/ClearBridge Large Cap Growth Fund |
$0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.500% .450% .440% .430% |
|
JNL/DFA International Core Equity Fund
|
$0 to $3 billion $3 billion to $5 billion Over $5 billion |
.450% .440% .430% |
| JNL/DFA U.S. Core Equity Fund |
$0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.400% .375% .360% .350% |
| B-3 |
|
Fund
|
Assets
|
Advisory Fee (Annual Rate Based on Average Net Assets of each Fund) |
| JNL/DFA U.S. Small Cap Fund |
$0 to $3 billion $3 billion to $5 billion Over $5 billion |
.550% .540% .530% |
|
JNL/DoubleLine® Core Fixed Income Fund
|
$0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.390% .360% .350% .340% |
| JNL/DoubleLine® Emerging Markets Fixed Income Fund |
$0 to $500 million $500 million to $3 billion $3 billion to $5 billion Over $5 billion |
.625% .600% .590% .580% |
| JNL/DoubleLine® Shiller Enhanced CAPE® Fund |
$0 to $500 million $500 million to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over 5 billion |
.600% .575% .520% .510% .500% |
| JNL/DoubleLine® Total Return Fund |
$0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.450% .400% .390% .380% |
|
JNL/Fidelity Institutional Asset Management® Total Bond Fund
|
$0 to $500 million $500 million to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.400% .380% .350% .340% .330% |
|
JNL/First Sentier Global Infrastructure Fund
|
$0 to $500 million $500 million to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over 5 billion |
.700% .690% .630% .620% .610% |
|
JNL/Franklin Xxxxxxxxx Global Multisector Bond Fund
|
$0 to $1 billion $1 billion to $2 billion $2 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.600% .500% .475% .465% .455% |
| JNL/Franklin Xxxxxxxxx Growth Allocation Fund |
$0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.550% .530% .520% .510% |
|
JNL/Franklin Xxxxxxxxx Income Fund
|
$0 to $100 million $100 million to $200 million $200 million to $500 million $500 million to $3 billion $3 billion to $5 billion Over $5 billion |
.700% .650% .550% .500% .490% .480% |
| JNL/Xxxxxxx Sachs 4 Fund |
$0 to $500 million $500 million to $3 billion $3 billion to $5 billion Over $5 billion |
.300% .250% .240% .230% |
| JNL/Xxxxxxx Xxxxx Managed Aggressive Growth Fund |
$0 to $500 million $500 million to $3 billion $3 billion to $5 billion Over $5 billion |
.130% .080% .075% .070% |
B-4 |
|
Fund
|
Assets
|
Advisory Fee (Annual Rate Based on Average Net Assets of each Fund) |
| JNL/Xxxxxxx Sachs Managed Conservative Fund |
$0 to $500 million $500 million to $3 billion $3 billion to $5 billion Over $5 billion |
.130% .080% .075% .070% |
| JNL/Xxxxxxx Xxxxx Managed Growth Fund |
$0 to $500 million $500 million to $3 billion $3 billion to $5 billion Over $5 billion |
.130% .080% .075% .070% |
| JNL/Xxxxxxx Sachs Managed Moderate Fund |
$0 to $500 million $500 million to $3 billion $3 billion to $5 billion Over $5 billion |
.130% .080% .075% .070% |
| JNL/Xxxxxxx Xxxxx Managed Moderate Growth Fund |
$0 to $500 million $500 million to $3 billion $3 billion to $5 billion Over $5 billion |
.130% .080% .075% .070% |
|
JNL/GQG Emerging Markets Equity Fund
|
$0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.900% .875% .850% .840% |
|
JNL/Xxxxxx Oakmark Global Equity Fund
|
$0 to $250 million $250 million to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.700% .675% .650% .640% .630% |
|
JNL/Xxxxxxx U.S. Focused Real Estate Fund
|
$0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.650% .600% .590% .580% |
|
JNL/Invesco Diversified Dividend Fund
|
$0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.525% .500% .490% .480% |
|
JNL/Invesco Global Growth Fund
|
$0 to $3 billion $3 billion to $5 billion Over $5 billion |
.500% .490% .480% |
|
JNL/Invesco International Growth Fund
|
$0 to $500 million $500 million to $2 billion $2 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.550% .500% .480% .470% .460% |
|
JNL/Invesco Small Cap Growth Fund
|
$0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.675% .630% .620% .610% |
| JNL/JPMorgan Global Allocation Fund |
$0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.600% .550% .540% .530% |
| JNL/JPMorgan Hedged Equity Fund |
$0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.500% .450% .440% .430% |
| B-5 |
|
Fund
|
Assets
|
Advisory Fee (Annual Rate Based on Average Net Assets of each Fund) |
| JNL/JPMorgan MidCap Growth Fund |
$0 to $250 million $250 million to $750 million $750 million to $1.5 billion $1.5 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.600% .550% .500% .450% .440% .430% |
|
JNL/JPMorgan U.S. Government & Quality Bond Fund
|
$0 to $150 million $150 million to $300 million $300 million to $500 million $500 million to $3 billion $3 billion to $5 billion Over $5 billion |
.400% .350% .300% .250% .240% .230% |
| JNL/JPMorgan U.S. Value Fund |
$0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.500% .450% .440% .430% |
| JNL/Lazard International Strategic Equity Fund |
$0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.700% .650% .640% .630% |
| JNL/Xxxxxx Xxxxxx Global Growth Fund |
$0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.550% .500% .490% .480% |
| JNL/Lord Xxxxxx Short Duration Income Fund |
$0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.350% .300% .290% .280% |
|
JNL/Mellon Bond Index Fund
|
$0 to $500 million $500 million to $750 million $750 million to $3 billion $3 billion to $5 billion Over $5 billion |
.180% .150% .140% .130% .120% |
| JNL/Mellon Communication Services Sector Fund |
$0 to $50 million $50 million to $100 million $100 million to $750 million $750 million to $3 billion $3 billion to $5 billion Over $5 billion |
.240% .210% .180% .170% .160% .150% |
| JNL/Mellon Consumer Discretionary Sector Fund |
$0 to $50 million $50 million to $100 million $100 million to $750 million $750 million to $3 billion $3 billion to $5 billion Over $5 billion |
.240% .210% .180% .170% .160% .150% |
|
JNL/Mellon Consumer Staples Sector Fund
|
$0 to $50 million $50 million to $100 million $100 million to $750 million $750 million to $3 billion $3 billion to $5 billion Over $5 billion |
.240% .210% .180% .170% .160% .150% |
B -6 |
|
Fund
|
Assets
|
Advisory Fee (Annual Rate Based on Average Net Assets of each Fund) |
| JNL/Mellon DowSM Index Fund |
$0 to $50 million $50 million to $100 million $100 million to $750 million $750 million to $3 billion $3 billion to $5 billion Over $5 billion |
.240% .210% .180% .170% .160% .150% |
|
JNL/Mellon Emerging Markets Index Fund
|
$0 to $500 million $500 million to $750 million $750 million to $3 billion $3 billion to $5 billion Over $5 billion |
.300% .250% .200% .190% .180% |
| JNL/Mellon Energy Sector Fund |
$0 to $50 million $50 million to $100 million $100 million to $750 million $750 million to $3 billion $3 billion to $5 billion Over $5 billion |
.240% .210% .180% .170% .160% .150% |
| JNL/Mellon Equity Income Fund |
$0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.450% .400% .390% .380% |
| JNL/Mellon Financial Sector Fund |
$0 to $50 million $50 million to $100 million $100 million to $750 million $750 million to $3 billion $3 billion to $5 billion Over $5 billion |
.240% .210% .180% .170% .160% .150% |
| JNL/Mellon Healthcare Sector Fund |
$0 to $50 million $50 million to $100 million $100 million to $750 million $750 million to $3 billion $3 billion to $5 billion Over $5 billion |
.240% .210% .180% .170% .160% .150% |
|
JNL/Mellon Industrials Sector Fund
|
$0 to $50 million $50 million to $100 million $100 million to $750 million $750 million to $3 billion $3 billion to $5 billion Over $5 billion |
.240% .210% .180% .170% .160% .150% |
| JNL/Mellon Information Technology Sector Fund |
$0 to $50 million $50 million to $100 million $100 million to $750 million $750 million to $3 billion $3 billion to $5 billion Over $5 billion |
.240% .210% .180% .170% .160% .150% |
|
JNL/Mellon International Index Fund
|
$0 to $500 million $500 million to $750 million $750 million to $3 billion $3 billion to $5 billion Over $5 billion |
.200% .150% .140% .130% .120% |
|
JNL/Mellon Materials Sector Fund
|
$0 to $50 million $50 million to $100 million $100 million to $750 million $750 million to $3 billion $3 billion to $5 billion Over $5 billion |
.240% .210% .180% .170% .160% .150% |
| B-7 |
|
Fund
|
Assets
|
Advisory Fee (Annual Rate Based on Average Net Assets of each Fund) |
|
JNL/Mellon MSCI KLD 400 Social Index Fund
|
$0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.250% .200% .190% .180% |
| JNL/Mellon Nasdaq® 100 Index Fund |
$0 to $50 million $50 million to $100 million $100 million to $750 million $750 million to $3 billion $3 billion to $5 billion Over 5 billion |
.240% .210% .180% .170% .160% .150% |
|
JNL/Mellon Real Estate Sector Fund
|
$0 to $50 million $50 million to $100 million $100 million to $750 million $750 million to $3 billion $3 billion to $5 billion Over $5 billion |
.240% .210% .180% .170% .160% .150% |
|
JNL/Mellon S&P 400 MidCap Index Fund
|
$0 to $500 million $500 million to $750 million $750 million to $3 billion $3 billion to $5 billion Over $5 billion |
.190% .140% .130% .120% .110% |
| JNL/Mellon S&P 500 Index Fund |
$0 to $500 million $500 million to $750 million $750 million to $3 billion $3 billion to $5 billion Over $5 billion |
.170% .130% .120% .110% .090% |
|
JNL S&P 500 Index Fund
|
$0-$1 billion $1 billion to $3 billion $3 to $5 billion Over $5 billion |
0.20% 0.175% 0.165% 0.155% |
|
JNL/Mellon Small Cap Index Fund
|
$0 to $500 million $500 million to $750 million $750 million to $3 billion $3 billion to $5 billion Over $5 billion |
.190% .140% .130% .120% .110% |
| JNL/Mellon U.S. Stock Market Index Fund |
$0 to $1 billion $1 billion to $5 billion Over $5 billion |
.175% .150% .140% |
|
JNL/Mellon Utilities Sector Fund
|
$0 to $50 million $50 million to $100 million $100 million to $750 million $750 million to $3 billion $3 billion to $5 billion Over $5 billion |
.240% .210% .180% .170% .160% .150% |
| JNL/Mellon World Index Fund |
$0 to $50 million $50 million to $100 million $100 million to $750 million $750 million to $3 billion $3 billion to $5 billion Over $5 billion |
.240% .210% .180% .170% .160% .150% |
|
JNL/Morningstar PitchBook Listed Private Equity Index Fund
|
$0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.200% .175% .165% .155% |
| B-8 |
|
Fund
|
Assets
|
Advisory Fee (Annual Rate Based on Average Net Assets of each Fund) |
| JNL/Morningstar Wide Moat Index Fund |
$0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.200% .175% .165% .155% |
|
JNL/MFS Mid Cap Value Fund
|
$0 to $100 million $100 million to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.600% .550% .540% .530% .520% |
| JNL/Xxxxxxxxx Xxxxxx Commodity Strategy Fund |
$0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.450% .400% .390% .380% |
|
JNL/Xxxxxxxxx Xxxxxx Strategic Income Fund
|
$0 to $500 million $500 million to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.500% .450% .400% .390% .380% |
|
JNL/PIMCO Income Fund
|
$0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.500% .450% .440% .430% |
| JNL/PIMCO Investment Grade Credit Bond Fund |
$0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.350% .300% .290% .280% |
| JNL/PIMCO Real Return Fund |
$0 to $1 billion $1 billion to $2 billion $2 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.390% .375% .365% .355% .345% |
|
JNL/PPM America Floating Rate Income Fund
|
$0 to $500 million $500 million to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.500% .450% .425% .415% .405% |
|
JNL/PPM America High Yield Bond Fund
|
$0 to $150 million $150 million to $500 million $500 million to $3 billion $3 billion to $5 billion Over $5 billion |
.400% .350% .325% .315% .305% |
| JNL/PPM America Total Return Fund |
$0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.400% .350% .340% .330% |
|
JNL/RAFI® Fundamental U.S. Small Cap Fund
|
$0 to $750 million $750 million to $3 billion $3 billion to $5 billion Over $5 billion |
.180% .170% .160% .150% |
|
JNL/RAFI® Multi-Factor U.S. Equity Fund
|
$0 to $750 million $750 million to $3 billion $3 billion to $5 billion Over $5 billion |
.180% .170% .160% .150% |
B-9 |
|
Fund
|
Assets
|
Advisory Fee (Annual Rate Based on Average Net Assets of each Fund) |
| JNL/X. Xxxx Price Balanced Fund |
$0 to $500 million $500 million to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.550% .475% .450% .440% .430% |
| JNL/X. Xxxx Price Capital Appreciation Fund |
$0 to $500 million $500 million to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.575% .550% .530% .520% .510% |
| JNL/X. Xxxx Price Established Growth Fund |
$0 to $150 million $150 million to $500 million $500 million to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.550% .500% .450% .440% .430% .420% |
|
JNL/X. Xxxx Price Mid-Cap Growth Fund
|
$0 to $150 million $150 million to $1 billion $1 billion to $3 billion Over $3 billion |
.650% .600% .590% .580% |
|
JNL/X. Xxxx Price Short-Term Bond Fund
|
$0 to $250 million $250 million to $1.5 billion $1.5 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.350% .300% .275% .265% .255% |
| JNL/X. Xxxx Price U.S. High Yield Fund |
$0 to $500 million $500 million to $3 billion $3 billion to $5 billion Over $5 billion |
.525% .500% .490% .480% |
| JNL/X. Xxxx Price Value Fund |
$0 to $150 million $150 million to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.550% .480% .470% .450% .440% |
| JNL/Westchester Capital Event Driven Fund |
$0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
1.050% .900% .890% .880% |
| JNL/WCM Focused International Equity Fund |
$0 to $500 million $500 million to $3 billion $3 billion to $5 billion Over $5 billion |
.700% .650% .640% .630% |
| JNL/WMC Balanced Fund |
$0 to $50 million $50 million to $150 million $150 million to $300 million $300 million to $500 million $500 million to $3 billion $3 billion to $5 billion Over $5 billion |
.450% .400% .375% .350% .325% .315% .305% |
| JNL/WMC Equity Income Fund |
$0 to $3 billion $3 billion to $5 billion Over $5 billion |
.440% ..430% ..420% |
B-10 |
|
Fund
|
Assets |
Advisory Fee (Annual Rate Based on Average Net Assets of each Fund) |
|
JNL/WMC Global Real Estate Fund
|
$0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.575% .550% .530% .520% |
| JNL/WMC Government Money Market Fund |
$0 to $500 million $500 million to $3 billion $3 billion to $5 billion Over $5 billion |
.180% .150% .140% .130% |
| JNL/WMC Value Fund |
$0 to $300 million $300 million to $500 million $500 million to $3 billion $3 billion to $5 billion Over $5 billion |
.450% .400% .350% .340% .330% |
| JNL/Vanguard Growth ETF Allocation Fund |
$0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.200% .175% .165% .155% |
| JNL/Vanguard Moderate ETF Allocation Fund |
$0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.200% .175% .165% .155% |
| JNL/Vanguard Moderate Growth ETF Allocation Fund |
$0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.200% .175% .165% .155% |
B-11 |
