JNL/American Funds Global Bond Fund Class A (0P0000N411)

Overview

The fund serves as a feeder fund, focusing on directing all of its assets into Class 1 shares of a master fund, which meticulously allocates at least 80% of its resources (including net assets and any borrowed amounts for investment purposes) towards bonds and other debt-related securities. It primarily invests in debt instruments issued by governments, supranational entities, and corporate bodies, covering a broad spectrum of currencies, inclusive of the U.S. dollar. Notably, this fund is characterized by its non-diversified structure, indicating a concentrated investment approach within its chosen domain.

Products and Services

Below are the primary investment focuses and operational strategies of the fund:

• Feeder Fund Investments:
  

  The foundational strategy involves channeling all assets into Class 1 shares of a master fund. This approach allows the feeder fund to benefit from the master fund's diversified investment strategies and performance, with a primary focus on debt securities.

• Master Fund Allocation:
  

  The master fund, the primary vehicle for investment, commits at least 80% of its assets to bonds and other forms of debt securities. This allocation strategy is designed to generate income and capital growth through investments in a diverse array of debt instruments.

• Governmental, Supranational, and Corporate Debt Securities Investment:
  

  Investments are predominantly made in debt securities issued by government entities, supranational organizations, and corporations. This wide-ranging investment approach allows the fund to capture various market segments and opportunities, diversifying its potential income sources while managing risk.

• Multi-Currency Investment Strategy:
  

  The fund exhibits a global investment outlook, with investments not limited to any single currency. By investing in debt securities denominated in various currencies, including but not limited to the U.S. dollar, it seeks to leverage opportunities in various foreign markets and hedge against currency risk.

• Non-Diversified Fund Structure:
  

  Despite its broad investment mandate in terms of asset and currency diversification, the fund is legally classified as non-diversified. This classification means that it may invest a larger portion of its assets in a smaller number of issuers, potentially leading to higher volatility and risk in exchange for the possibility of higher returns.