JNL Small Cap Index Fund (I) (0P0001LCQ3)

Overview

The company described operates an investment fund that primarily focuses on investing in a broad spectrum of U.S. common equities and Real Estate Investment Trusts (REITs). This investment strategy is closely aligned with the components of a specific index, which is a float-adjusted, market capitalization-weighted index updated quarterly. This index comprises approximately 600 U.S. common equities and REITs that have passed the index provider’s criteria, which include market capitalization, public float, financial viability, liquidity, price reasonableness, and sectoral representation. The fund commits to investing at least 80% of its assets in the stocks included in the index, maintaining the proportion to their market capitalization weighting within the index. This strategy underscores the fund's objective to mirror the performance of the index, which represents a segment of the U.S. stock market.

Products and Services

• Index-Aligned Equity Investment

  The primary service offered by the company is an investment vehicle that allocates at least 80% of its assets to stocks listed in a specific market capitalization-weighted index. The fund targets U.S. common equities and REITs that are part of this index, ensuring investments are made in proportion to their market cap weightings. This approach aims to replicate the performance of the index, providing investors with a portfolio that reflects a broad segment of the U.S. equity market.

• Quarterly-Rebalanced Portfolio

  The investment fund is managed with a strategy that involves quarterly rebalancing of its portfolio. This ensures that the composition of the fund’s investments remains closely aligned with the current standings of the index it tracks. Quarterly rebalancing is crucial for maintaining the intended asset allocation and market capitalization weighting, contributing to the fund’s effort to mirror the index's performance as accurately as possible.

• Compliance with Index Provider’s Criteria

  All investments made by the fund are in accordance with the strict criteria set by the index provider. These criteria include considerations for market capitalization, public float, financial viability, liquidity, and price reasonableness, among others. This compliance is essential for ensuring that the fund invests only in companies that adhere to specific standards, thus fostering a portfolio of financially viable and liquid assets that accurately represent the U.S. equity market’s diversified sectors.