JNL iShares Tactical Growth Cla (0P0000UJ3E)

Overview

Under normal market conditions, the fund seeks to achieve its investment objective by primarily investing at least 80% of its assets (net assets plus the amount of any borrowings made for investment purposes) in underlying exchange-traded funds ("ETFs"). ETFs are investment funds traded on stock exchanges, similar to stocks, and are designed to track an index, commodity, bonds, or basket of assets. Unlike mutual funds, ETFs trade like a common stock on a stock exchange and experience price changes throughout the day as they are bought and sold. This approach allows investors to gain broad exposure to entire markets or specific sectors with a single investment, offering a blend of diversification, cost-efficiency, and liquidity that is appealing to a wide range of investors.

Products and Services

• Exchange-Traded Funds (ETFs)

  ETFs are the primary instrument through which the fund achieves its investment objective. By investing in ETFs, the fund can provide investors with exposure to a diverse portfolio of stocks, bonds, or other assets. These ETFs are selected based on their ability to track the performance of a specific index. The fund focuses on ETFs for several reasons, including their liquidity, which allows for easy buying and selling on the stock exchange; their efficiency, in terms of lower operating expenses compared to traditional mutual funds; and their flexibility, offering both intraday trading capabilities and direct investments at net asset value with authorized participants.