JNL International Index Fund (I) (0P0001LCQ5)

Overview

The fund is designed for investors seeking to gain exposure to the equity markets of Developed Markets excluding North America, primarily through stocks and derivative securities that are economically tied to the indices representing these markets. By aiming to invest at least 80% of its assets in the stocks included in the targeted index or derivative instruments related to the index, the fund focuses on creating a portfolio that mirrors the performance and characteristics of a carefully selected index. This index is rules-based and float market capitalization-weighted, ensuring a broad and representative sample of the equity float-adjusted market capitalization available in Developed Markets outside of North America. The fund's investment strategy is structured to provide investors with an efficient and focused means of accessing the economic growth and potential of these markets, leveraging the index's comprehensive market coverage and systematic approach to equity selection.

Products and Services

The fund primarily offers investment opportunities through two core mediums:

• Stocks Included in the Index:

The fund commits at least 80% of its assets to stocks that are directly included in the designated Developed Markets ex-North America index. This approach is designed to closely track the performance and characteristics of the index, enabling investors to participate directly in the growth potential of the equity markets represented. Investing in these stocks provides a transparent and direct path to gaining exposure to the diverse economic landscapes and companies thriving in developed countries outside of North America.

• Derivative Securities Economically Related to the Index:

Aside from direct stock investments, the fund also explores opportunities in derivative securities that are economically tied to the Developed Markets ex-North America index. These derivative instruments may include options, futures, and swaps, among others, and are used strategically to replicate the index's performance, manage risk, or potentially enhance returns. Investing in these derivatives allows the fund to gain exposure to the index's movements and the broader market trends they represent, without necessarily holding the underlying assets directly. This method adds flexibility and depth to the fund's investment strategy, offering alternative pathways for capturing the value and dynamics of the target markets.