JNL/WCM Focused International Equity Fund

JNL Series Trust

Actively managed developed international equity fund
$2.39B NAV
40 positions · as of 2026-06-30 · filed 2026-08-26

Fund classification

Classified from what the fund holds · as of 2026 Q2

JNL/WCM Focused International Equity Fund is an actively managed developed international equity fund.

Asset class
Equity
Region
Developed international
Management
Actively managed
Fund type
Open-end fund

Fund profile

As filed in the prospectus · 2026 Q2

The investment objective of the Fund is to seek long-term capital appreciation by investing primarily in companies located outside of the United States.

Strategy · summarised

The fund is managed by a sub-adviser that employs a bottom-up approach to identify non-U.S. companies with attractive fundamentals, including long-term revenue and earnings growth, strong competitive advantages, quality management, low debt, and attractive valuations. The fund invests at least 80% of assets in equity securities of non-U.S. domiciled companies across developed and emerging markets, generally favoring large multinational firms and maintaining positions across at least three countries. The sub-adviser may reduce or exit positions based on deteriorating competitive advantages, excessive valuation, leadership concerns, or geopolitical risk. The fund may also access Chinese A Shares through Stock Connect programs.

Expenses
0.80% 1.10%across 2 share classes
Share classExpense ratioAs of
C0002181900.80%2025 Q2
C0002181911.10%2025 Q2

Portfolio turnover 31.00% · as of 2026 Q2

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

99.64%
of net assets
Stocks99.05%
Cash & short-term0.59%

Sector allocation

The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2

100%
of net assets
International81.9%
Financials5.4%
Industrials5.2%
Consumer Staples3.5%
2 smaller4.0%

Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 4 new5 exited

New: Advantest Corporation, Contemporary Amperex Technology Co., Limited, National Grid PLC, TC Energy Corporation

Exited: Tencent Holdings Limited, SAP SE, SHOP, Rheinmetall Aktiengesellschaft, Experian PLC

Return profile

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

1-year
+17.39%
3-year
+47.23%
5-year
+29.80%
Volatility
20.09%
Worst 3-yr fall
-12.61%
Cumulative return· Jul 2023 – Apr 2026

May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are 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.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
Taiwan Semiconductor Manufacturing Company LimitedTSM7.94%$189.94M
Siemens Energy AG7.83%$187.30M
Seagate Technology Holdings Public Limited Company5.90%$141.21M
Rolls-Royce Holdings PLC5.19%$124.22M
SK Hynix Inc.4.75%$113.53M
ASML Holding N.V.4.70%$112.49M
Sea LimitedSE3.98%$95.10M
Philip Morris International Inc.PM3.44%$82.26M
BAE Systems PLC3.28%$78.54M
Safran3.27%$78.31M
Showing 10 of 40Sign in to see more

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.

Top 10 positions are 50.28% of net assets, top 25 81.01%, across 40 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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