JNL/T. Rowe Price Capital Appreciation Fund (0P0000YZ5R)

Overview

The fund is designed for investors seeking to achieve a diversified investment strategy through a mix of common stocks, convertible securities, corporate and government debt, bank loans, and foreign securities. With at least 50% of its assets in common stocks, the fund aims to provide a balanced approach to investing by also including a variety of other asset classes to potentially enhance returns and mitigate risk. The inclusion of up to 25% in foreign securities highlights the fund’s approach to tapping into international markets for potential growth opportunities.

Products and Services

• Common Stocks

The fund invests at least 50% of its assets in common stocks, aiming to capture the growth potential of publicly traded companies. This foundational investment seeks to provide long-term capital appreciation as a core element of the fund's strategy.

• Convertible Securities

A portion of the fund's assets may be allocated to convertible securities, which are bonds or preferred shares that can be converted into a specified number of common shares. These investments offer the potential for income through interest or dividends, along with the possibility of capital appreciation through conversion into equity.

• Corporate and Government Debt

Investing in both corporate and government debt, including mortgage- and asset-backed securities, provides the fund with a source of income through interest payments. These investments also add a level of risk diversification, balancing the volatility associated with equity investments.

• Bank Loans

The fund may allocate assets to bank loans, specifically those representing an interest in amounts owed by a borrower to a syndicate of lenders. These investments can offer higher yields compared to traditional fixed-income securities, reflecting the increased credit risk associated with lending to corporations.

• Foreign Securities

Up to 25% of the fund’s total assets may be invested in foreign securities, broadening the geographic diversity of the portfolio. This component seeks to exploit opportunities in international markets while recognizing the associated risks of currency fluctuations and geopolitical uncertainties.