JNL/RAFI Multi-Factor U.S. Equity Fund
U.S. stock index fund · tracks RAFI Multi-Factor US Index
As of its 2026 Q2 report, JNL/RAFI Multi-Factor U.S. Equity Fund held 884 positions with $2.27B in net assets. Its ten largest holdings made up 17.4% of the fund. Its share classes cost 0.37%–0.67% a year. Over the 12 months to May 2026, it returned 28.8%, with dividends reinvested. In 2026 Q2 it added 79 new positions and exited 57.
The investment objective of the Fund is to track the performance of the RAFI Multi-Factor US Index.
The fund tracks the RAFI Multi-Factor US Index by investing substantially all its assets in the index's component securities, which are selected through a rules-based approach that combines five factor portfolios—value, low volatility, quality, momentum, and size—each equally weighted and ranked by fundamental metrics. Day-to-day investment decisions are delegated to Mellon Investments Corporation, the sub-adviser. The index is reconstituted annually and rebalanced quarterly on a staggered schedule, with the momentum factor reconstituted and fully rebalanced each quarter.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
3.02% | $68.66M | 491.7K | $139.63 | |
WMTWalmart Inc. | 1.81% | $41.07M | 362.7K | $113.26 |
1.76% | $40.14M | 33.5K | $1,199.43 | |
AVGOBroadcom Inc. | 1.71% | $38.87M | 102.9K | $377.75 |
1.62% | $36.87M | 145.2K | $253.97 | |
1.61% | $36.65M | 50.7K | $723.00 | |
1.58% | $36.03M | 83.1K | $433.33 | |
1.48% | $33.57M | 245.5K | $136.72 | |
1.42% | $32.23M | 274.4K | $117.46 | |
1.37% | $31.19M | 122.1K | $255.43 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
The 200 largest of 884 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 99.67% |
| Cash & short-term | 0.77% |
| Derivatives | 0.00% |
Derivatives are shown at market value, not notional exposure.
By sector
- Information Technology
- 25.7%
- Health Care
- 14.4%
- Industrials
- 12.7%
- Financials
- 10.3%
- 10 other sectors
- 36.9%
- Information Technology
- 25.7%
- Health Care
- 14.4%
- Industrials
- 12.7%
- Financials
- 10.3%
- Consumer Staples
- 9.2%
- Consumer Discretionary
- 8.1%
- Energy
- 6.2%
- Communication Services
- 4.8%
- Materials
- 2.9%
- Real Estate
- 1.8%
- International
- 1.8%
- Utilities
- 1.4%
- Cash
- 0.8%
- Other
- 0.0%
How it has done
C000210332 share class · total returns with dividends reinvested
Volatility over the last 12 months: 10.31%. Past returns are a record, not a forecast.
Jun 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
This fund changed legal form during the period shown. The history above is continuous — it spans both eras, and the change is not a gap in reporting.
Fees & fund details
JNL/RAFI Multi-Factor U.S. Equity Fund is a U.S. equity index fund that tracks the RAFI Multi-Factor US Index. 11% of JNL/RAFI Multi-Factor U.S. Equity Fund’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 97% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Index (passive)
- Fund type
- Open-end fund
- Expense ratio, by class
- 0.37% – 0.67%
- Portfolio turnover
- 40.00% a year · as of 2026 Q2
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
79 new· the largest 8
57 exited· the largest 8
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