JNL/Mellon U.S. Stock Market In (0P0001AMJY)

Overview

The investment strategy described aims to closely track the performance of a broad index representing the U.S. securities market. By focusing on investing a minimum of 80% of its assets in the securities that make up the index, the fund seeks to mirror the index's performance, which encompasses a significant portion of the U.S. investable universe, targeting 97% market capitalization coverage. This approach offers investors exposure to a wide swath of the U.S. equity market through a single investment vehicle. The fund employs the strategic use of exchange-traded funds (ETFs) to enhance portfolio management efficiency, particularly during periods of rebalancing and in response to investor transactions, such as purchases and redemptions. This method facilitates the fund's objective to maintain its adherence to the targeted index's composition and performance with greater flexibility and efficiency.

Products and Services

• Index-Based Investment Strategy

  This approach focuses on replicating the performance of a specified index, primarily invested in U.S. securities. It targets broad market exposure, securing 97% market capitalization of the investable universe. By aligning the fund’s investments with those of the index, it aims to offer a balanced representation of the U.S. equity market, suitable for investors seeking diversified exposure.

• Use of Exchange-Traded Funds (ETFs)

  To facilitate efficient portfolio management, especially during fund rebalances or to meet investor liquidity needs, the fund incorporates ETFs into its investment strategy. This allows for more agile asset allocation, enabling the fund to quickly adjust its holdings to reflect changes in the target index or to fulfill redemption and purchase requests from investors. This strategy enhances the fund's ability to maintain its investment objective and provide a more fluid investment experience.