JNL/Franklin Templeton Income Fund Class I (0P00005U18)

Overview

The fund is designed for investors looking for a diversified investment strategy, focusing on both debt and equity securities. Managed by a Sub-Adviser, the fund has the flexibility to shift its assets between various classes based on a thorough market analysis to optimize the fund's portfolio. It aims at capitalizing on the best available opportunities by adjusting its investment focus as the market environment changes. The strategy includes a significant emphasis on high-yield, below investment grade debt securities, also known as "junk bonds", and permits investing a substantial portion of its assets in defaulted securities. Additionally, the fund is open to international exposure by investing up to 25% of its total assets in foreign securities, which may include direct investments or through depositary receipts, thereby offering a global investment perspective.

Products and Services

• Diversified Investment Portfolio

  The fund's core offering is a diversified investment portfolio that includes both debt and equity securities. This approach aims to balance risk and reward by spreading investments across different asset classes. The diversified nature of the portfolio helps in mitigating investment risk while seeking to maximize returns over time.

• High-Yield Debt Securities Investment

  A strategic focus of the fund is the investment in high-yield debt securities, often referred to as "junk bonds". These are bonds rated below investment grade and carry a higher risk of default. However, they offer the potential for higher returns compared to investment-grade bonds. The fund may invest up to 100% of its total assets in these securities, including defaulted securities, aiming to achieve higher income for investors willing to accept a higher level of risk.

• Foreign Securities Investment

  Up to 25% of the fund's assets may be invested in foreign securities. This includes direct investments in foreign markets or through depositary receipts, which are tradable securities representing a foreign company's shares. This strategy provides the fund with international exposure, offering potential growth opportunities outside of the domestic market. Investing in foreign securities can introduce additional risks, such as currency fluctuation and geopolitical issues, but also presents a chance to benefit from global economic growth.