JNL/Mellon Consumer Discretiona (0P00003EHR)

Overview

The fund described invests a significant portion of its assets, specifically at least 80%, in stocks represented in a specific index that is focused on a variety of sectors, primarily those related to consumer services and products. This index encompasses companies from retail stores to those in the automotive sector, as well as residential construction firms, lodging facilities, restaurants, and entertainment entities. By investing in proportion to their market capitalization weighting within the index, the fund seeks to mirror the performance of these sectors closely. It is important to note that this fund is non-diversified, meaning it may invest more heavily in a smaller number of stocks or sectors, which can lead to greater volatility and risk.

Products and Services

• Retail Store Stocks:

  This portion of the fund’s portfolio includes investments in various retail stores. These can range from large department stores to specialty retailers, capturing the broad spectrum of the consumer retail market. Investing in retail stocks allows the fund to benefit from consumer spending trends and economic cycles affecting the retail sector.

• Automotive Stocks:

  Investments here include both auto manufacturers and auto parts producers. This sector of the fund's portfolio capitalizes on the automotive industry's growth and the increasing demand for vehicles and automotive technology, reflecting broader trends in transportation and technology.

• Residential Construction Companies:

  This area focuses on companies engaged in the construction and sale of residential buildings. It benefits from trends in the housing market and real estate development, capturing gains from both the construction activity and the sale of new homes.

• Lodging Facilities:

  This part of the fund's investments includes hotels and other lodging entities. The performance of this sector is closely tied to the health of the travel and tourism industry, allowing the fund to leverage periods of high demand for travel accommodations.

• Restaurants:

  Investment in restaurant stocks allows the fund to tap into the dining out and fast-food trends, which can be indicators of consumer discretionary spending. This sector benefits from growth in disposable income and changing consumer preferences.

• Entertainment Companies:

  Finally, the fund invests in companies within the entertainment industry, including producers of movies, television shows, music, and live events. This sector thrives on consumer demand for entertainment and leisure activities, making it sensitive to cultural trends and economic conditions.