JNL/DoubleLine Core Fixed Income Fund Class I (0P00003EIT)

Overview

The described fund is a diversified fixed-income investment vehicle that focuses on allocating its assets across a broad range of fixed-income instruments with varying maturities. It emphasizes flexibility in investment strategies by allocating a significant portion of its assets to fixed-income instruments, diversifying not just across maturities but also geographically by including investments in foreign currencies and instruments tied to emerging markets. This approach allows the fund to seek returns through various market conditions, leveraging opportunities in both domestic and international markets.

Products and Services

The fund offers a variety of investment opportunities within its strategic focus on fixed-income instruments. These are outlined as follows:

• Diversified Portfolio of Fixed-Income Instruments: The fund invests a minimum of 80% of its assets in a diversified array of fixed-income securities. These include bonds and debt securities of various maturities, providing investors with exposure to a wide range of interest rate environments and credit qualities.
• Foreign Currency Denominated Securities: Up to 30% of the fund's total assets can be invested in securities or derivatives denominated in foreign currencies. This allows the fund to take advantage of global financial market conditions and diversify the sources of its returns, thereby potentially reducing risk through geographic diversification.
• U.S. Dollar-Denominated Securities of Foreign Issuers: The fund has the flexibility to invest beyond the 30% limit in U.S. dollar-denominated securities of foreign issuers. This strategy provides exposure to foreign markets while mitigating currency risk, offering a balance between the opportunities in foreign investments and the stability of U.S. dollar investments.
• Emerging Market Investments: Up to 30% of the fund's total assets may be invested in securities and instruments economically tied to emerging market countries. This allocation seeks to benefit from the growth potential in emerging markets, which can offer higher returns albeit with a higher risk profile compared to developed markets.