EX-99.D ADVSR CONTR 3 exd1xviii_advamend20190624.htm

Ex. 99.28(d)(1)(xviii)

Amendment to

 

Amended and Restated Investment Advisory

 

and Management Agreement

 

Between JNL Series Trust and

 

Jackson National Asset Management, LLC

 

 

This Amendment is made by and between JNL Series Trust, a Massachusetts business trust (the “Trust”) and Jackson 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 new Funds with an effective date of April 29, 2019 and an offering date of June 24, 2019; and a Fund merger, Fund name changes, and fee changes for certain Funds, effective June 24, 2019, as outlined below (collectively, the “Fund Changes”):

 

New Funds

 

1) JNL/AQR Large Cap Defensive Style Fund;
2) JNL/BlackRock Advantage International Fund;
3) JNL/DFA International Core Equity Fund;
4) JNL/RAFI® Fundamental U.S. Small Cap Fund; and
5) JNL/RAFI® Multi-Factor U.S. Equity Fund.

 

Fund Merger

 

1) JNL/Mellon Capital 10 x 10 Fund to merge into the JNL/Mellon Capital Index 5 Fund.

 

Fund Name Changes

 

1) JNL/Goldman Sachs Core Plus Bond Fund change to JNL/Fidelity Institutional Asset Management® Total Bond Fund (in connection with an investment sub-adviser replacement, as approved by the Board);
2) JNL/AB Dynamic Asset Allocation Fund change to JNL/JPMorgan Global Allocation Fund (in connection with an investment sub-adviser replacement, as approved by the Board);
3) JNL/Franklin Templeton Founding Strategy Fund change to JNL/Franklin Templeton Growth Allocation Fund (in connection with an investment sub-adviser appointment, as approved by the Board);
4) JNL/Mellon Capital European 30 Fund change to JNL/RAFI® Fundamental Europe Fund;
5) JNL/Mellon Capital Pacific Rim 30 Fund change to JNL/RAFI® Fundamental Asia Developed Fund;
6) JNL/Mellon Capital Index 5 Fund change to JNL/Mellon Index 5 Fund;
7) JNL/Mellon Capital Bond Index Fund change to JNL/Mellon Bond Index Fund;
8) JNL/Mellon Capital Emerging Markets Index Fund change to JNL/Mellon Emerging Markets Index Fund;
9) JNL/Mellon Capital MSCI KLD 400 Social Index Fund change to JNL/Mellon MSCI KLD 400 Social Index Fund;
10) JNL/Mellon Capital International Index Fund change to JNL/Mellon International Index Fund;
11) JNL/Mellon Capital S&P 500 Index Fund change to JNL/Mellon S&P 500 Index Fund;
12) JNL/Mellon Capital S&P 400 MidCap Index Fund change to JNL/Mellon S&P 400 MidCap Index Fund;
13) JNL/Mellon Capital Small Cap Index Fund change to JNL/Mellon Small Cap Index Fund;
14) JNL/Mellon Capital Utilities Sector Fund change to JNL/Mellon Utilities Sector Fund;
15) JNL/Mellon Capital S&P 1500 Growth Index Fund change to JNL/Mellon S&P 1500 Growth Index Fund;
16) JNL/Mellon Capital S&P 1500 Value Index Fund change to JNL/Mellon S&P 1500 Value Index Fund;

 

 
 

 

17) JNL/Mellon Capital Consumer Staples Sector Fund change to JNL/Mellon Consumer Staples Sector Fund;
18) JNL/Mellon Capital Materials Sector Fund change to JNL/Mellon Materials Sector Fund;
19) JNL/Mellon Capital Industrials Sector Fund change to JNL/Mellon Industrials Sector Fund; and
20) JNL/Mellon Capital Real Estate Sector Fund change to JNL/Mellon Real Estate Sector Fund.

 

Fee Changes

 

1) JNL/AB Dynamic Asset Allocation Fund, which will be the JNL/JPMorgan Global Allocation Fund, pursuant to the fund name change outlined above;
2) JNL/Franklin Templeton Founding Strategy Fund, which will be the JNL/Franklin Templeton Growth Allocation Fund, pursuant to the fund name change outlined above;
3) JNL/Goldman Sachs Core Plus Bond Fund, which will be the JNL/Fidelity Institutional Asset Management® Total Bond Fund, pursuant to the fund name change outlined above;
4) JNL/Mellon Capital European 30 Fund, which will be the JNL/RAFI® Fundamental Europe Fund, pursuant to the fund name change outlined above; and
5) JNL/Mellon Capital Pacific Rim 30 Fund, which will be the JNL/RAFI® Fundamental Asia Developed Fund, pursuant to the fund name change outlined above.

 

Whereas, pursuant to Board approval of the Fund Changes, as outlined above, the Parties have agreed to amend the Agreement, effective June 24, 2019, to update the list of Funds to add the new Funds, to remove the merged Fund, and to update the Fund names in Schedule A and Schedule B; and to update certain advisory fees for certain Funds, as outlined above, in Schedule B.

 

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 June 24, 2019, attached hereto.

 

2) Schedule B to the Agreement is hereby deleted and replaced in its entirety with Schedule B dated June 24, 2019, 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 June 24, 2019.

 

 

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 June 24, 2019

(List of Funds)

 

 

 

 

Funds

 
 

 

JNL/American Funds Balanced Fund

 

 

JNL/American Funds Blue Chip Income and Growth Fund

 

 

JNL/American Funds Capital Income Builder Fund

 

 

JNL/American Funds Global Bond Fund

 

 

JNL/American Funds Global Small Capitalization Fund

 

 

JNL/American Funds Growth-Income Fund

 

 

JNL/American Funds International Fund

 

 

JNL/American Funds New World Fund

 

 

JNL Aggressive Growth Allocation Fund

 

 

JNL Growth Allocation Fund

 

 

JNL Moderate Growth Allocation Fund

 

 

JNL Institutional Alt 25 Fund

 

 

JNL Institutional Alt 50 Fund

 

 

JNL Multi-Manager Alternative 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/AQR Large Cap Relaxed Constraint Equity Fund

 

 

JNL/AQR Managed Futures Strategy 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/Boston Partners Global Long Short Equity Fund

 

 

JNL/Causeway International Value Select Fund

 

 

JNL/ClearBridge Large Cap Growth Fund

 

 

JNL/Crescent High Income Fund

 

 

A-1
 

 

 

 

Funds

 
 

 

JNL/DFA Growth Allocation Fund

 

 

JNL/DFA Moderate Growth Allocation Fund

 

 

JNL/DFA International Core Equity Fund

 

 

JNL/DFA U.S. Core Equity Fund

 

 

JNL/DoubleLine® Core Fixed Income Fund

 

 

JNL/DoubleLine® Emerging Markets Fixed Income Fund

 

 

JNL/DoubleLine® Shiller Enhanced CAPE® Fund

 

 

JNL/Fidelity Institutional Asset

Management® Total Bond Fund

 

 

JNL/First State Global Infrastructure Fund

 

 

JNL/FPA + DoubleLine® Flexible Allocation Fund

 

 

JNL/Franklin Templeton Global Fund

 

 

JNL/Franklin Templeton Global Multisector Bond Fund

 

 

JNL/Franklin Templeton Growth Allocation Fund

 

 

JNL/Franklin Templeton Income Fund

 

 

JNL/Franklin Templeton International Small Cap Fund

 

 

JNL/Franklin Templeton Mutual Shares Fund

 

 

JNL/Goldman Sachs Emerging Markets Debt Fund

 

 

JNL/GQG Emerging Markets Equity Fund

 

 

JNL/Harris Oakmark Global Equity Fund

 

 

JNL/Heitman U.S. Focused Real Estate Fund

 

 

JNL/Invesco China-India Fund

 

 

JNL/Invesco Diversified Dividend Fund

 

 

JNL/Invesco Global Real Estate 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/Lazard Emerging Markets Fund

 

 

JNL/Loomis Sayles Global Growth Fund

 

 

JNL/Mellon Bond Index Fund

 

 

JNL/Mellon Consumer Staples Sector Fund

 

 

A-2
 

 

 

 

Funds

 
 

 

JNL/Mellon Emerging Markets Index Fund

 

 

JNL/Mellon Index 5 Fund

 

 

JNL/Mellon Industrials Sector Fund

 

 

JNL/Mellon International Index Fund

 

 

JNL/Mellon Materials Sector Fund

 

 

JNL/Mellon MSCI KLD 400 Social 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 S&P 1500 Growth Index Fund

 

 

JNL/Mellon S&P 1500 Value Index Fund

 

 

JNL/Mellon Small Cap Index Fund

 

 

JNL/Mellon Utilities Sector Fund

 

 

JNL/Morningstar Wide Moat Index Fund

 

 

JNL/MFS Mid Cap Value Fund

 

 

JNL/Neuberger Berman Strategic Income Fund

 

 

JNL/Oppenheimer Emerging Markets Innovator Fund

 

 

JNL/Oppenheimer Global Growth Fund

 

 

JNL/PIMCO Income Fund

 

 

JNL/PIMCO Real Return Fund

 

 

JNL/PPM America Floating Rate Income Fund

 

 

JNL/PPM America High Yield Bond Fund

 

 

JNL/PPM America Mid Cap Value Fund

 

 

JNL/PPM America Small Cap Value Fund

 

 

JNL/PPM America Total Return Fund

 

 

JNL/PPM America Value Equity Fund

 

 

JNL/RAFI® Fundamental Asia Developed Fund

 

 

JNL/RAFI® Fundamental Europe Fund

 

 

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

 

 

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

 

 

JNL/Scout Unconstrained Bond Fund

 

 

JNL/T. Rowe Price Established Growth Fund

 

 

JNL/T. Rowe Price Managed Volatility Balanced Fund

 

 

A-3
 

 

 

 

Funds

 
 

 

JNL/T. Rowe Price Mid-Cap Growth Fund

 

 

JNL/T. Rowe Price Short-Term Bond Fund

 

 

JNL/T. Rowe Price Value Fund

 

 

JNL/Westchester Capital Event Driven Fund

 

 

JNL/WMC Balanced Fund

 

 

JNL/WMC Government Money Market Fund

 

 

JNL/WMC Value Fund

 

 

JNL/S&P 4 Fund

 

 

JNL/S&P Competitive Advantage Fund

 

 

JNL/S&P Dividend Income & Growth Fund

 

 

JNL/S&P International 5 Fund

 

 

JNL/S&P Intrinsic Value Fund

 

 

JNL/S&P Managed Aggressive Growth Fund

 

 

JNL/S&P Managed Conservative Fund

 

 

JNL/S&P Managed Growth Fund

 

 

JNL/S&P Managed Moderate Fund

 

 

JNL/S&P Managed Moderate Growth Fund

 

 

JNL/S&P Mid 3 Fund

 

 

JNL/S&P Total Yield Fund

 

 

JNL/Vanguard Capital Growth Fund

 

 

JNL/Vanguard Equity Income Fund

 

 

JNL/Vanguard Global Bond Market Index Fund

 

 

JNL/Vanguard Growth ETF Allocation Fund

 

 

JNL/Vanguard International Fund

 

 

JNL/Vanguard International Stock Market Index Fund

 

 

JNL/Vanguard Moderate ETF Allocation Fund

 

 

JNL/Vanguard Moderate Growth ETF Allocation Fund

 

 

JNL/Vanguard Small Company Growth Fund

 

 

JNL/Vanguard U.S. Stock Market Index Fund

 
 

 

A-4
 

 

Schedule B

Dated June 24, 2019

(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 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 Blue Chip Income and Growth 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 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 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-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 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%
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 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 Institutional Alt 25 Fund

 

 

$0 to $500 million

$500 million to $3 billion

$3 billion to $5 billion

Over $5 billion

.150%

.100%

.095%

.090%

 

B-1
 

 

 
Fund Assets

Advisory Fee

(Annual Rate Based on Average

Net Assets of each Fund)
JNL Institutional Alt 50 Fund

$0 to $500 million

$500 million to $3 billion

$3 billion to $5 billion

Over 5 billion

.150%

.100%

.095%

.090%

JNL Multi-Manager Alternative Fund

 

$0 to $1 billion

$1 billion to $3 billion

$3 billion to $5 billion

Over $5 billion

1.200%

1.100%

1.090%

1.080%

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%

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/AQR Large Cap Relaxed Constraint Equity Fund

 

$0 to $300 million

$300 million to $3 billion

$3 billion to $5 billion

Over $5 billion

.700%

.650%

.640%

.630%

JNL/AQR Managed Futures Strategy Fund

 

$0 to $500 million

$500 million to $1 billion

$1 billion to $3 billion

$3 billion to $5 billion

Over $5 billion

.850%

.800%

.750%

.740%

.730%

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%

 

B-2
 

 

 
Fund Assets

Advisory Fee

(Annual Rate Based on Average

Net Assets of each Fund)

JNL/BlackRock Global Allocation Fund

 

$0 to $1 billion

$1 billion to $3 billion

$3 billion to $5 billion

Over $5 billion

.650%

.590%

.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/Boston Partners Global Long Short Equity Fund

$0 to $500 million

$500 million to $1 billion

$1 billion to $3 billion

$3 billion to $5 billion

Over $5 billion

1.100%

1.050%

1.000%

0.990%

0.980%
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/Crescent High Income Fund

$0 to $1 billion

$1 billion to $3 billion

$3 billion to $5 billion

Over $5 billion

.550%

.500%

.490%

.480%

JNL/DFA 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/DFA 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/DFA International Core Equity Fund

 

$0 to $1 billion

$1 billion to $3 billion

$3 billion to $5 billion

Over $5 billion

.525%

.500%

.490%

.480%
JNL/DFA U.S. Core Equity Fund

$0 to $3 billion

$3 billion to $5 billion

Over $5 billion

.400%

.390%

.380%

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%

 

B-3
 

 

 
Fund Assets

Advisory Fee

(Annual Rate Based on Average

Net Assets of each Fund)
JNL/DoubleLine® Emerging Markets Fixed Income Fund

$0 to $500 million

$500 million to $3 billion

$3 billion to $5 billion

Over $5 billion

.650%

.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%

.550%

.540%

.530%

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 State 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/FPA + DoubleLine® Flexible Allocation Fund

 

$0 to $1 billion

$1 billion to $2 billion

$2 billion to $3 billion

$3 billion to $5 billion

Over $5 billion

.675%

.650%

.600%

.590%

.580%
JNL/Franklin Templeton 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 Templeton Global Fund

$0 to $300 million

$300 million to $500 million

$500 million to $3 billion

$3 billion to $5 billion

Over $5 billion

.650%

.550%

.500%

.490%

.480%

JNL/Franklin Templeton 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 Templeton 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/Franklin Templeton International Small Cap Fund

 

$0 to $500 million

$500 million to $1 billion

$1 billion to $3 billion

$3 billion to $5 billion

Over $5 billion

.800%

.750%

.700%

.690%

.680%
JNL/Franklin Templeton Mutual Shares Fund

$0 to $500 million

$500 million to $1 billion

$1 billion to $3 billion

$3 billion to $5 billion

Over $5 billion

.620%

.570%

.560%

.550%

.540%

 

B-4
 

 

 
Fund Assets

Advisory Fee

(Annual Rate Based on Average

Net Assets of each Fund)

JNL/Goldman Sachs Emerging Markets Debt Fund

 

$0 to $200 million

$200 million to $400 million

$400 million to $3 billion

$3 billion to $5 billion

Over $5 billion

.625%

.600%

.575%

.565%

.555%

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/Harris 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

.750%

.700%

.670%

.640%

.630%

JNL/Heitman 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 China-India Fund

 

 

$0 to $500 million

$500 million to $1 billion

$1 billion to $3 billion

$3 billion to $5 billion

Over $5 billion

.750%

.725%

.700%

.690%

.680%

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 Real Estate Fund

 

$0 to $1 billion

$1 billion to $3 billion

$3 billion to $5 billion

Over $5 billion

.600%

.570%

.560%

.550%

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%

.590%

.550%

.540%
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/Lazard Emerging Markets Fund

 

$0 to $250 million

$250 million to $3 billion

$3 billion to $5 billion

Over $5 billion

.800%

.750%

.740%

.730%
JNL/Loomis Sayles 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/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 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%

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 Index 5 Fund All assets      0%

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 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-6
 

 

 
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 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 S&P 1500 Growth Index Fund

 

$0 to $1 billion

$1 billion to $3 billion

$3 billion to $5 billion

Over $5 billion

.200%

.175%

.165%

.155%

JNL/Mellon S&P 1500 Value Index Fund

 

$0 to $1 billion

$1 billion to $3 billion

$3 billion to $5 billion

Over $5 billion

.200%

.175%

.165%

.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 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/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%

 

B-7
 

 

 
Fund Assets

Advisory Fee

(Annual Rate Based on Average

Net Assets of each Fund)

JNL/Neuberger Berman 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/Oppenheimer Emerging Markets Innovator Fund

 

 

$0 to $500 million

$500 million to $1 billion

$1 billion to $3 billion

$3 billion to $5 billion

Over $5 billion

1.00%

.950%

.900%

.890%

.880%

JNL/Oppenheimer Global Growth Fund

 

 

$0 to $3 billion

$3 billion to $5 billion

Over $5 billion

.500%

.490%

.480%

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 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 Mid Cap Value 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

.650%

.550%

.500%

.475%

.465%

.455%
JNL/PPM America Small Cap Value 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

.650%

.550%

.500%

.475%

.465%

.455%
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/PPM America Value Equity Fund

$0 to $300 million

$300 million to $ 1 billion

$1 billion to $3 billion

$3 billion to $5 billion

Over 5 billion

.450%

.400%

.390%

.380%

.370%

 

B-8
 

 

 
Fund Assets

Advisory Fee

(Annual Rate Based on Average

Net Assets of each Fund)
JNL/RAFI® Fundamental Asia Developed Fund

$0 to $100 million

$100 million to $3 billion

$3 billion to $5 billion

Over $5 billion

.210%

.180%

.170%

.160%
JNL/RAFI® Fundamental Europe Fund

$0 to 100 million

$100 million to $3 billion

$3 billion to $5 billion

Over $5 billion

.210%

.180%

.170%

.160%

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%
JNL/Scout Unconstrained Bond Fund

$0 to $1 billion

$1 billion to $3 billion

$3 billion to $5 billion

Over $5 billion

.550%

.500%

.490%

.480%
JNL/T. Rowe 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/T. Rowe Price Managed Volatility Balanced Fund

$0 to $1 billion

$1 billion to $3 billion

$3 billion to $5 billion

Over $5 billion

.550%

.500%

.490%

.480%
JNL/T. Rowe Price Mid-Cap Growth Fund

$0 to $150 million

$150 million to $3 billion

$3 billion to $5 billion

Over $5 billion

.650%

.600%

.590%

.580%

JNL/T. Rowe 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/T. Rowe Price Value Fund

$0 to $150 million

$150 million to $1 billion

$1 billion to $3 billion

Over $3 billion

.550%

.480%

.470%

.460%
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%

 

B-9
 

 

 
Fund Assets

Advisory Fee

(Annual Rate Based on Average

Net Assets of each Fund)
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 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/S&P 4 Fund All Assets      0%
JNL/S&P Competitive Advantage Fund

$0 to $500 million

$500 million to $3 billion

$3 billion to $5 billion

Over $5 billion

.300%

.250%

.240%

.230%
JNL/S&P Dividend Income & Growth Fund

$0 to $500 million

$500 million to $3 billion

$3 billion to $5 billion

Over $5 billion

.300%

.250%

.240%

.230%
JNL/S&P International 5 Fund

$0 to $500 million

$500 million to $3 billion

$3 billion to $5 billion

Over $5 billion

.300%

.250%

.240%

.230%
JNL/S&P Intrinsic Value Fund

$0 to $500 million

$500 million to $3 billion

$3 billion to $5 billion

Over $5 billion

.300%

.250%

.240%

.230%
JNL/S&P 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%
JNL/S&P 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/S&P 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/S&P Managed Moderate Fund

$0 to $500 million

$500 million to $3 billion

$3 billion to $5 billion

Over $5 billion

.130%

.080%

.075%

.070%

 

B-10
 

 

 
Fund Assets

Advisory Fee

(Annual Rate Based on Average

Net Assets of each Fund)
JNL/S&P 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/S&P Mid 3 Fund

$0 to $500 million

$500 million to $3 billion

$3 billion to $5 billion

Over $5 billion

.300%

.250%

.240%

.230%
JNL/S&P Total Yield Fund

$0 to $500 million

$500 million to $3 billion

$3 billion to $5 billion

Over $5 billion

.300%

.250%

.240%

.230%
JNL/Vanguard Capital Growth Fund

$0 to $1 billion

$1 billion to $3 billion

$3 billion to $5 billion

Over $5 billion

.525%

.500%

.490%

.480%
JNL/Vanguard Equity Income Fund

$0 to $1 billion

$1 billion to $3 billion

$3 billion to $5 billion

Over $5 billion

.525%

.500%

.490%

.480%
JNL/Vanguard Global Bond Market Index Fund

$0 to $1 billion

$1 billion to $3 billion

$3 billion to $5 billion

Over $5 billion

.200%

.175%

.165%

.155%
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 International Fund

$0 to $1 billion

$1 billion to $3 billion

$3 billion to $5 billion

Over $5 billion

.675%

.650%

.640%

.630%
JNL/Vanguard International Stock Market Index 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%
JNL/Vanguard Small Company Growth Fund

$0 to $1 billion

$1 billion to $3 billion

$3 billion to $5 billion

Over $5 billion

.625%

.600%

.590%

.580%
JNL/Vanguard U.S. Stock Market Index Fund

$0 to $1 billion

$1 billion to $3 billion

$3 billion to $5 billion

Over $5 billion

.200%

.175%

.165%

.155%
 

 

 

 

B-11