JNL/RAFI® Fundamental US Small (0P00008DYA)
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JNL/RAFI® Fundamental US Small Profile
| OTC PINK Exchange | United States Country |
Overview
The fund is designed for investors seeking to allocate a portion of their portfolio to U.S. small companies. It operates by investing at least 80% of its assets in the Component Securities of a specifically constructed index. This index is distinctive in that its provider employs a fundamental weighting approach. This method considers a broader universe of U.S. small companies, evaluating the relative size of each based on their fundamental footprint. This footprint is assessed through a combination of metrics: adjusted sales, cash flow, dividends and buybacks, and book value. This strategy is aimed at identifying companies with solid fundamental characteristics, potentially providing a diversified and robust investment in the small-cap space.
Products and Services
- Investment in Component Securities of the Index
The fund's primary service is offering investors exposure to U.S. small companies through investment in Component Securities of the index. By directing at least 80% of its assets into these securities, the fund aims to mirror the performance of an index constructed with a unique fundamental weighting approach. This enables investors to potentially benefit from the growth and performance of selected small companies in the U.S., which are evaluated based on adjusted sales, cash flow, dividends and buybacks, and book value.
- Fundamental Weighting Approach
Another distinct service is the methodology behind the index construction. Unlike traditional market-cap-weighted indexes, this fund's index uses a fundamental weighting approach. This strategy focuses on the relative size of companies based on their fundamental metrics rather than their market capitalization. It leads to a diversified portfolio that might lower risk and aim for higher returns by investing in companies with strong fundamentals. This approach caters to investors seeking a more nuanced investment strategy in the small-cap sector, potentially offering advantages over traditional market-cap-weighted investments.
