# EDGAR Filing Document

**Accession Number:** 0000933691
**File Stem:** 0001999371-25-012289
**Filing Date:** 2025-8
**Character Count:** 142963
**Document Hash:** 7b7eb4449d164fc646cf1ab2a3a4033d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001999371-25-012289.hdr.sgml**: 20250829

**ACCESSION NUMBER**: 0001999371-25-012289

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 17

**FILED AS OF DATE**: 20250829

**DATE AS OF CHANGE**: 20250829

**EFFECTIVENESS DATE**: 20250829

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** JNL SERIES TRUST
- **CENTRAL INDEX KEY:** 0000933691

**ORGANIZATION NAME:**
- **EIN:** 381659835
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 033-87244
- **FILM NUMBER:** 251276345

**BUSINESS ADDRESS:**
- **STREET 1:** 1 CORPORATE WAY
- **CITY:** LANSING
- **STATE:** MI
- **ZIP:** 48951
- **BUSINESS PHONE:** (517) 367-4336

**MAIL ADDRESS:**
- **STREET 1:** 1 CORPORATE WAY
- **CITY:** LANSING
- **STATE:** MI
- **ZIP:** 48951

## Series and Classes Contracts Data

### JNL/MFS MID CAP VALUE FUND (Series ID: S000001722)

---

|  |  |
|:---|:---|
| Class Name                     | Class ID   |
| JNL/MFS MID CAP VALUE FUND (A) | C000004629 |
| JNL/MFS MID CAP VALUE FUND (I) | C000067963 |

---

### JNL/William Blair International Leaders Fund (Series ID: S000001723)

---

|  |  |
|:---|:---|
| Class Name                                       | Class ID   |
| JNL/William Blair International Leaders Fund (A) | C000004630 |
| JNL/William Blair International Leaders Fund (I) | C000067964 |

---

### JNL/CAUSEWAY INTERNATIONAL VALUE SELECT FUND (Series ID: S000001724)

---

|  |  |
|:---|:---|
| Class Name                                       | Class ID   |
| JNL/CAUSEWAY INTERNATIONAL VALUE SELECT FUND (A) | C000004631 |
| JNL/CAUSEWAY INTERNATIONAL VALUE SELECT FUND (I) | C000067965 |

---

### JNL/MELLON S&P 500 INDEX FUND (Series ID: S000001727)

---

|  |  |
|:---|:---|
| Class Name                        | Class ID   |
| JNL/MELLON S&P 500 INDEX FUND (A) | C000004634 |
| JNL/MELLON S&P 500 INDEX FUND (I) | C000067968 |

---

### JNL/MELLON S&P 400 MIDCAP INDEX FUND (Series ID: S000001728)

---

|  |  |
|:---|:---|
| Class Name                               | Class ID   |
| JNL/MELLON S&P 400 MIDCAP INDEX FUND (A) | C000004635 |
| JNL/MELLON S&P 400 MIDCAP INDEX FUND (I) | C000067969 |

---

### JNL/MELLON SMALL CAP INDEX FUND (Series ID: S000001729)

---

|  |  |
|:---|:---|
| Class Name                          | Class ID   |
| JNL/MELLON SMALL CAP INDEX FUND (A) | C000004636 |
| JNL/MELLON SMALL CAP INDEX FUND (I) | C000067970 |

---

### JNL/MELLON INTERNATIONAL INDEX FUND (Series ID: S000001730)

---

|  |  |
|:---|:---|
| Class Name                              | Class ID   |
| JNL/MELLON INTERNATIONAL INDEX FUND (A) | C000004637 |
| JNL/MELLON INTERNATIONAL INDEX FUND (I) | C000067971 |

---

### JNL/MELLON BOND INDEX FUND (Series ID: S000001731)

---

|  |  |
|:---|:---|
| Class Name                     | Class ID   |
| JNL/MELLON BOND INDEX FUND (A) | C000004638 |
| JNL/MELLON BOND INDEX FUND (I) | C000067972 |

---

### JNL/WMC GLOBAL REAL ESTATE FUND (Series ID: S000001732)

---

|  |  |
|:---|:---|
| Class Name                          | Class ID   |
| JNL/WMC GLOBAL REAL ESTATE FUND (A) | C000004639 |
| JNL/WMC GLOBAL REAL ESTATE FUND (I) | C000067973 |

---

### JNL/INVESCO GLOBAL GROWTH FUND (Series ID: S000001734)

---

|  |  |
|:---|:---|
| Class Name                         | Class ID   |
| JNL/INVESCO GLOBAL GROWTH FUND (A) | C000004641 |
| JNL/INVESCO GLOBAL GROWTH FUND (I) | C000067975 |

---

### JNL/DOUBLELINE CORE FIXED INCOME FUND (Series ID: S000001736)

---

|  |  |
|:---|:---|
| Class Name                                | Class ID   |
| JNL/DOUBLELINE CORE FIXED INCOME FUND (A) | C000004643 |
| JNL/DOUBLELINE CORE FIXED INCOME FUND (I) | C000067976 |

---

### JNL/PPM AMERICA HIGH YIELD BOND FUND (Series ID: S000001740)

---

|  |  |
|:---|:---|
| Class Name                               | Class ID   |
| JNL/PPM AMERICA HIGH YIELD BOND FUND (A) | C000004647 |
| JNL/PPM AMERICA HIGH YIELD BOND FUND (I) | C000067978 |

---

### JNL/FIDELITY INSTITUTIONAL ASSET MANAGEMENT TOTAL BOND FUND (Series ID: S000001741)

---

|  |  |
|:---|:---|
| Class Name                                                      | Class ID   |
| JNL/FIDELITY INSTITUTIONAL ASSET MANAGEMENT TOTAL BOND FUND (A) | C000004648 |
| JNL/FIDELITY INSTITUTIONAL ASSET MANAGEMENT TOTAL BOND FUND (I) | C000067979 |

---

### JNL/JPMORGAN US GOVERNMENT & QUALITY BOND FUND (Series ID: S000001742)

---

|  |  |
|:---|:---|
| Class Name                                           | Class ID   |
| JNL/JPMORGAN US GOVERNMENT & QUALITY BOND FUND (A)   | C000004649 |
| JNL/JPMORGAN U.S. GOVERNMENT & QUALITY BOND FUND (I) | C000067980 |

---

### JNL/INVESCO SMALL CAP GROWTH FUND (Series ID: S000001743)

---

|  |  |
|:---|:---|
| Class Name                            | Class ID   |
| JNL/INVESCO SMALL CAP GROWTH FUND (A) | C000004650 |
| JNL/INVESCO SMALL CAP GROWTH FUND (I) | C000067981 |

---

### JNL/WMC BALANCED FUND (Series ID: S000001744)

---

|  |  |
|:---|:---|
| Class Name                | Class ID   |
| JNL/WMC BALANCED FUND (A) | C000004651 |
| JNL/WMC BALANCED FUND (I) | C000067982 |

---

### JNL/BLACKROCK LARGE CAP SELECT GROWTH FUND (Series ID: S000001746)

---

|  |  |
|:---|:---|
| Class Name                                     | Class ID   |
| JNL/BLACKROCK LARGE CAP SELECT GROWTH FUND (A) | C000004653 |
| JNL/BLACKROCK LARGE CAP SELECT GROWTH FUND (I) | C000067984 |

---

### JNL/DREYFUS GOVERNMENT MONEY MARKET FUND (Series ID: S000001747)

---

|  |  |
|:---|:---|
| Class Name                                   | Class ID   |
| JNL/DREYFUS GOVERNMENT MONEY MARKET FUND (A) | C000004654 |
| JNL/DREYFUS GOVERNMENT MONEY MARKET FUND (I) | C000067985 |

---

### JNL/WMC VALUE FUND (Series ID: S000001748)

---

|  |  |
|:---|:---|
| Class Name             | Class ID   |
| JNL/WMC VALUE FUND (A) | C000004655 |
| JNL/WMC VALUE FUND (I) | C000067986 |

---

### JNL/T. Rowe Price Growth Stock Fund (Series ID: S000001749)

---

|  |  |
|:---|:---|
| Class Name                              | Class ID   |
| JNL/T. Rowe Price Growth Stock Fund (A) | C000004656 |
| JNL/T. Rowe Price Growth Stock Fund (I) | C000067987 |

---

### JNL/T. ROWE PRICE MID-CAP GROWTH FUND (Series ID: S000001750)

---

|  |  |
|:---|:---|
| Class Name                                | Class ID   |
| JNL/T. ROWE PRICE MID-CAP GROWTH FUND (A) | C000004657 |
| JNL/T. ROWE PRICE MID-CAP GROWTH FUND (I) | C000067988 |

---

### JNL/T. ROWE PRICE VALUE FUND (Series ID: S000001751)

---

|  |  |
|:---|:---|
| Class Name                       | Class ID   |
| JNL/T. ROWE PRICE VALUE FUND (A) | C000004658 |
| JNL/T. ROWE PRICE VALUE FUND (I) | C000067989 |

---

### JNL/JPMorgan Managed Conservative Fund (Series ID: S000001752)

---

|  |  |
|:---|:---|
| Class Name                                 | Class ID   |
| JNL/JPMorgan Managed Conservative Fund (A) | C000004659 |
| JNL/JPMorgan Managed Conservative Fund (I) | C000192197 |

---

### JNL/JPMorgan Managed Moderate Fund (Series ID: S000001753)

---

|  |  |
|:---|:---|
| Class Name                             | Class ID   |
| JNL/JPMorgan Managed Moderate Fund (A) | C000004660 |
| JNL/JPMorgan Managed Moderate Fund (I) | C000192198 |

---

### JNL/JPMorgan Managed Moderate Growth Fund (Series ID: S000001755)

---

|  |  |
|:---|:---|
| Class Name                                    | Class ID   |
| JNL/JPMorgan Managed Moderate Growth Fund (A) | C000004662 |
| JNL/JPMorgan Managed Moderate Growth Fund (I) | C000192199 |

---

### JNL/JPMorgan Managed Growth Fund (Series ID: S000001756)

---

|  |  |
|:---|:---|
| Class Name                           | Class ID   |
| JNL/JPMorgan Managed Growth Fund (A) | C000004663 |
| JNL/JPMorgan Managed Growth Fund (I) | C000192200 |

---

### JNL/JPMorgan Managed Aggressive Growth Fund (Series ID: S000001757)

---

|  |  |
|:---|:---|
| Class Name                                      | Class ID   |
| JNL/JPMorgan Managed Aggressive Growth Fund (A) | C000004664 |
| JNL/JPMorgan Managed Aggressive Growth Fund (I) | C000192201 |

---

### JNL/DFA U.S. CORE EQUITY FUND (Series ID: S000001765)

---

|  |  |
|:---|:---|
| Class Name                        | Class ID   |
| JNL/DFA U.S. CORE EQUITY FUND (A) | C000004672 |
| JNL/DFA U.S. CORE EQUITY FUND (I) | C000067990 |

---

### JNL Multi-Manager Small Cap Growth Fund (Series ID: S000001776)

---

|  |  |
|:---|:---|
| Class Name                                  | Class ID   |
| JNL Multi-Manager Small Cap Growth Fund (A) | C000004683 |
| JNL Multi-Manager Small Cap Growth Fund (I) | C000067991 |

---

### JNL/AMERICAN FUNDS BALANCED FUND (Series ID: S000001787)

---

|  |  |
|:---|:---|
| Class Name                           | Class ID   |
| JNL/AMERICAN FUNDS BALANCED FUND (A) | C000004694 |
| JNL/AMERICAN FUNDS BALANCED FUND (I) | C000067992 |

---

### JNL/JPMORGAN MIDCAP GROWTH FUND (Series ID: S000001797)

---

|  |  |
|:---|:---|
| Class Name                          | Class ID   |
| JNL/JPMORGAN MIDCAP GROWTH FUND (A) | C000004704 |
| JNL/JPMORGAN MIDCAP GROWTH FUND (I) | C000067993 |

---

### JNL MULTI-MANAGER SMALL CAP VALUE FUND (Series ID: S000001798)

---

|  |  |
|:---|:---|
| Class Name                                 | Class ID   |
| JNL MULTI-MANAGER SMALL CAP VALUE FUND (A) | C000004705 |
| JNL MULTI-MANAGER SMALL CAP VALUE FUND (I) | C000067994 |

---

### JNL/FRANKLIN TEMPLETON INCOME FUND (Series ID: S000010705)

---

|  |  |
|:---|:---|
| Class Name                             | Class ID   |
| JNL/FRANKLIN TEMPLETON INCOME FUND (A) | C000029596 |
| JNL/FRANKLIN TEMPLETON INCOME FUND (I) | C000067995 |

---

### JNL/T. ROWE PRICE SHORT-TERM BOND FUND (Series ID: S000010707)

---

|  |  |
|:---|:---|
| Class Name                                 | Class ID   |
| JNL/T. ROWE PRICE SHORT-TERM BOND FUND (A) | C000029598 |
| JNL/T. ROWE PRICE SHORT-TERM BOND FUND (I) | C000067996 |

---

### JNL MULTI-MANAGER EMERGING MARKETS EQUITY FUND (Series ID: S000010709)

---

|  |  |
|:---|:---|
| Class Name                                         | Class ID   |
| JNL MULTI-MANAGER EMERGING MARKETS EQUITY FUND (A) | C000029600 |
| JNL MULTI-MANAGER EMERGING MARKETS EQUITY FUND (I) | C000067997 |

---

### JNL/PIMCO REAL RETURN FUND (Series ID: S000010711)

---

|  |  |
|:---|:---|
| Class Name                     | Class ID   |
| JNL/PIMCO REAL RETURN FUND (A) | C000029602 |
| JNL/PIMCO REAL RETURN FUND (I) | C000067998 |

---

### JNL/BLACKROCK GLOBAL NATURAL RESOURCES FUND (Series ID: S000014502)

---

|  |  |
|:---|:---|
| Class Name                                      | Class ID   |
| JNL/BLACKROCK GLOBAL NATURAL RESOURCES FUND (A) | C000039480 |
| JNL/BLACKROCK GLOBAL NATURAL RESOURCES FUND (I) | C000067999 |

---

### JNL/JPMORGAN U.S. VALUE FUND (Series ID: S000014515)

---

|  |  |
|:---|:---|
| Class Name                       | Class ID   |
| JNL/JPMORGAN U.S. VALUE FUND (A) | C000039493 |
| JNL/JPMORGAN U.S. VALUE FUND (I) | C000068003 |

---

### JNL MODERATE GROWTH ALLOCATION FUND (Series ID: S000014517)

---

|  |  |
|:---|:---|
| Class Name                              | Class ID   |
| JNL MODERATE GROWTH ALLOCATION FUND (A) | C000039495 |
| JNL MODERATE GROWTH ALLOCATION FUND (I) | C000192203 |

---

### JNL GROWTH ALLOCATION FUND (Series ID: S000014518)

---

|  |  |
|:---|:---|
| Class Name                     | Class ID   |
| JNL GROWTH ALLOCATION FUND (A) | C000039496 |
| JNL GROWTH ALLOCATION FUND (I) | C000192204 |

---

### JNL AGGRESSIVE GROWTH ALLOCATION FUND (Series ID: S000014519)

---

|  |  |
|:---|:---|
| Class Name                                | Class ID   |
| JNL AGGRESSIVE GROWTH ALLOCATION FUND (A) | C000039497 |
| JNL AGGRESSIVE GROWTH ALLOCATION FUND (I) | C000192205 |

---

### JNL/GOLDMAN SACHS 4 FUND (Series ID: S000019485)

---

|  |  |
|:---|:---|
| Class Name                   | Class ID   |
| JNL/GOLDMAN SACHS 4 FUND (A) | C000054128 |
| JNL/GOLDMAN SACHS 4 FUND (I) | C000192208 |

---

### JNL/AMERICAN FUNDS WASHINGTON MUTUAL INVESTORS FUND (Series ID: S000028038)

---

|  |  |
|:---|:---|
| Class Name                                              | Class ID   |
| JNL/AMERICAN FUNDS WASHINGTON MUTUAL INVESTORS FUND (A) | C000085345 |
| JNL/AMERICAN FUNDS WASHINGTON MUTUAL INVESTORS FUND (I) | C000085346 |

---

### JNL/AMERICAN FUNDS CAPITAL WORLD BOND FUND (Series ID: S000028039)

---

|  |  |
|:---|:---|
| Class Name                                     | Class ID   |
| JNL/AMERICAN FUNDS CAPITAL WORLD BOND FUND (A) | C000085347 |
| JNL/AMERICAN FUNDS CAPITAL WORLD BOND FUND (I) | C000085348 |

---

### JNL/AMERICAN FUNDS GLOBAL SMALL CAPITALIZATION FUND (Series ID: S000028040)

---

|  |  |
|:---|:---|
| Class Name                                              | Class ID   |
| JNL/AMERICAN FUNDS GLOBAL SMALL CAPITALIZATION FUND (A) | C000085349 |
| JNL/AMERICAN FUNDS GLOBAL SMALL CAPITALIZATION FUND (I) | C000085350 |

---

### JNL/AMERICAN FUNDS GROWTH-INCOME FUND (Series ID: S000028041)

---

|  |  |
|:---|:---|
| Class Name                                | Class ID   |
| JNL/AMERICAN FUNDS GROWTH-INCOME FUND (A) | C000085351 |
| JNL/AMERICAN FUNDS GROWTH-INCOME FUND (I) | C000085352 |

---

### JNL/AMERICAN FUNDS INTERNATIONAL FUND (Series ID: S000028042)

---

|  |  |
|:---|:---|
| Class Name                                | Class ID   |
| JNL/AMERICAN FUNDS INTERNATIONAL FUND (I) | C000085353 |
| JNL/AMERICAN FUNDS INTERNATIONAL FUND (A) | C000085354 |

---

### JNL/AMERICAN FUNDS NEW WORLD FUND (Series ID: S000028043)

---

|  |  |
|:---|:---|
| Class Name                            | Class ID   |
| JNL/AMERICAN FUNDS NEW WORLD FUND (A) | C000085355 |
| JNL/AMERICAN FUNDS NEW WORLD FUND (I) | C000085356 |

---

### JNL/BLACKROCK GLOBAL ALLOCATION FUND (Series ID: S000029611)

---

|  |  |
|:---|:---|
| Class Name                               | Class ID   |
| JNL/BLACKROCK GLOBAL ALLOCATION FUND (A) | C000090917 |
| JNL/BLACKROCK GLOBAL ALLOCATION FUND (I) | C000090918 |

---

### JNL MULTI-MANAGER FLOATING RATE INCOME FUND (Series ID: S000030878)

---

|  |  |
|:---|:---|
| Class Name                                      | Class ID   |
| JNL MULTI-MANAGER FLOATING RATE INCOME FUND (A) | C000095821 |
| JNL MULTI-MANAGER FLOATING RATE INCOME FUND (I) | C000192211 |

---

### JNL/MELLON EMERGING MARKETS INDEX FUND (Series ID: S000033505)

---

|  |  |
|:---|:---|
| Class Name                                 | Class ID   |
| JNL/MELLON EMERGING MARKETS INDEX FUND (A) | C000102953 |
| JNL/MELLON EMERGING MARKETS INDEX FUND (I) | C000102954 |

---

### JNL/FIRST SENTIER GLOBAL INFRASTRUCTURE FUND (Series ID: S000034689)

---

|  |  |
|:---|:---|
| Class Name                                       | Class ID   |
| JNL/FIRST SENTIER GLOBAL INFRASTRUCTURE FUND (A) | C000106863 |
| JNL/FIRST SENTIER GLOBAL INFRASTRUCTURE FUND (I) | C000106864 |

---

### JNL/AMERICAN FUNDS MODERATE GROWTH ALLOCATION FUND (Series ID: S000036378)

---

|  |  |
|:---|:---|
| Class Name                                             | Class ID   |
| JNL/AMERICAN FUNDS MODERATE GROWTH ALLOCATION FUND (A) | C000111243 |
| JNL/AMERICAN FUNDS MODERATE GROWTH ALLOCATION FUND (I) | C000192212 |

---

### JNL/AMERICAN FUNDS GROWTH ALLOCATION FUND (Series ID: S000036379)

---

|  |  |
|:---|:---|
| Class Name                                    | Class ID   |
| JNL/AMERICAN FUNDS GROWTH ALLOCATION FUND (A) | C000111244 |
| JNL/AMERICAN FUNDS GROWTH ALLOCATION FUND (I) | C000192213 |

---

### JNL/NEUBERGER BERMAN STRATEGIC INCOME FUND (Series ID: S000036382)

---

|  |  |
|:---|:---|
| Class Name                                     | Class ID   |
| JNL/NEUBERGER BERMAN STRATEGIC INCOME FUND (A) | C000111249 |
| JNL/NEUBERGER BERMAN STRATEGIC INCOME FUND (I) | C000111250 |

---

### JNL/MELLON UTILITIES SECTOR FUND (Series ID: S000040007)

---

|  |  |
|:---|:---|
| Class Name                           | Class ID   |
| JNL/MELLON UTILITIES SECTOR FUND (A) | C000124095 |
| JNL/MELLON UTILITIES SECTOR FUND (I) | C000124096 |

---

### JNL/JPMORGAN GLOBAL ALLOCATION FUND (Series ID: S000044434)

---

|  |  |
|:---|:---|
| Class Name                              | Class ID   |
| JNL/JPMORGAN GLOBAL ALLOCATION FUND (A) | C000138276 |
| JNL/JPMORGAN GLOBAL ALLOCATION FUND (I) | C000138277 |

---

### JNL/T. ROWE PRICE BALANCED FUND (Series ID: S000044437)

---

|  |  |
|:---|:---|
| Class Name                          | Class ID   |
| JNL/T. ROWE PRICE BALANCED FUND (A) | C000138280 |
| JNL/T. ROWE PRICE BALANCED FUND (I) | C000192215 |

---

### JNL Multi-Manager Alternative Fund (Series ID: S000048717)

---

|  |  |
|:---|:---|
| Class Name                             | Class ID   |
| JNL Multi-Manager Alternative Fund (A) | C000153487 |
| JNL Multi-Manager Alternative Fund (I) | C000192217 |

---

### JNL/Westchester Capital Event Driven Fund (Series ID: S000048720)

---

|  |  |
|:---|:---|
| Class Name                                    | Class ID   |
| JNL/Westchester Capital Event Driven Fund (A) | C000153492 |
| JNL/Westchester Capital Event Driven Fund (I) | C000153493 |

---

### JNL/DoubleLine Shiller Enhanced CAPE Fund (Series ID: S000050455)

---

|  |  |
|:---|:---|
| Class Name                                    | Class ID   |
| JNL/DoubleLine Shiller Enhanced CAPE Fund (A) | C000159263 |
| JNL/DoubleLine Shiller Enhanced CAPE Fund (I) | C000159264 |

---

### JNL/T. ROWE PRICE U.S. HIGH YIELD FUND (Series ID: S000052994)

---

|  |  |
|:---|:---|
| Class Name                                 | Class ID   |
| JNL/T. ROWE PRICE U.S. HIGH YIELD FUND (A) | C000166581 |
| JNL/T. ROWE PRICE U.S. HIGH YIELD FUND (I) | C000192218 |

---

### JNL/DOUBLELINE EMERGING MARKETS FIXED INCOME FUND (Series ID: S000052995)

---

|  |  |
|:---|:---|
| Class Name                                            | Class ID   |
| JNL/DOUBLELINE EMERGING MARKETS FIXED INCOME FUND (A) | C000166582 |
| JNL/DOUBLELINE EMERGING MARKETS FIXED INCOME FUND (I) | C000192219 |

---

### JNL/PPM AMERICA TOTAL RETURN FUND (Series ID: S000052996)

---

|  |  |
|:---|:---|
| Class Name                            | Class ID   |
| JNL/PPM AMERICA TOTAL RETURN FUND (A) | C000166583 |
| JNL/PPM AMERICA TOTAL RETURN FUND (I) | C000192220 |

---

### JNL MULTI-MANAGER MID CAP FUND (Series ID: S000054971)

---

|  |  |
|:---|:---|
| Class Name                         | Class ID   |
| JNL MULTI-MANAGER MID CAP FUND (A) | C000172890 |
| JNL MULTI-MANAGER MID CAP FUND (I) | C000192221 |

---

### JNL/Morningstar U.S. Sustainability Index Fund (Series ID: S000056619)

---

|  |  |
|:---|:---|
| Class Name                                         | Class ID   |
| JNL/Morningstar U.S. Sustainability Index Fund (A) | C000179076 |
| JNL/Morningstar U.S. Sustainability Index Fund (I) | C000192222 |

---

### JNL S&P 500 Index Fund (Series ID: S000058482)

---

|  |  |
|:---|:---|
| Class Name                 | Class ID   |
| JNL S&P 500 Index Fund (I) | C000192047 |

---

### JNL/Mellon Consumers Staples Sector Fund (Series ID: S000058483)

---

|  |  |
|:---|:---|
| Class Name                                   | Class ID   |
| JNL/Mellon Consumers Staples Sector Fund (A) | C000192048 |
| JNL/Mellon Consumers Staples Sector Fund (I) | C000192049 |

---

### JNL/Mellon Materials Sector Fund (Series ID: S000058484)

---

|  |  |
|:---|:---|
| Class Name                           | Class ID   |
| JNL/Mellon Materials Sector Fund (A) | C000192050 |
| JNL/Mellon Materials Sector Fund (I) | C000192051 |

---

### JNL/Mellon Industrials Sector Fund (Series ID: S000058485)

---

|  |  |
|:---|:---|
| Class Name                             | Class ID   |
| JNL/Mellon Industrials Sector Fund (A) | C000192052 |
| JNL/Mellon Industrials Sector Fund (I) | C000192053 |

---

### JNL/Mellon Real Estate Sector Fund (Series ID: S000058486)

---

|  |  |
|:---|:---|
| Class Name                             | Class ID   |
| JNL/Mellon Real Estate Sector Fund (A) | C000192054 |
| JNL/Mellon Real Estate Sector Fund (I) | C000192055 |

---

### JNL/ClearBridge Large Cap Growth Fund (Series ID: S000058487)

---

|  |  |
|:---|:---|
| Class Name                                | Class ID   |
| JNL/ClearBridge Large Cap Growth Fund (A) | C000192056 |
| JNL/ClearBridge Large Cap Growth Fund (I) | C000192057 |

---

### JNL/GQG Emerging Markets Equity Fund (Series ID: S000058488)

---

|  |  |
|:---|:---|
| Class Name                               | Class ID   |
| JNL/GQG Emerging Markets Equity Fund (A) | C000192058 |
| JNL/GQG Emerging Markets Equity Fund (I) | C000192059 |

---

### JNL/Invesco Diversified Dividend Fund (Series ID: S000058489)

---

|  |  |
|:---|:---|
| Class Name                                | Class ID   |
| JNL/Invesco Diversified Dividend Fund (A) | C000192060 |
| JNL/Invesco Diversified Dividend Fund (I) | C000192061 |

---

### JNL/PIMCO Income Fund (Series ID: S000058490)

---

|  |  |
|:---|:---|
| Class Name                | Class ID   |
| JNL/PIMCO Income Fund (A) | C000192062 |
| JNL/PIMCO Income Fund (I) | C000192063 |

---

### JNL/WMC Equity Income Fund (Series ID: S000058491)

---

|  |  |
|:---|:---|
| Class Name                     | Class ID   |
| JNL/WMC Equity Income Fund (A) | C000192064 |
| JNL/WMC Equity Income Fund (I) | C000192065 |

---

### JNL/Vanguard Moderate ETF Allocation Fund (Series ID: S000058493)

---

|  |  |
|:---|:---|
| Class Name                                    | Class ID   |
| JNL/Vanguard Moderate ETF Allocation Fund (A) | C000192068 |
| JNL/Vanguard Moderate ETF Allocation Fund (I) | C000192069 |

---

### JNL/Mellon U.S. Stock Market Index Fund (Series ID: S000058496)

---

|  |  |
|:---|:---|
| Class Name                                  | Class ID   |
| JNL/Mellon U.S. Stock Market Index Fund (I) | C000192074 |
| JNL/Mellon U.S. Stock Market Index Fund (A) | C000192075 |

---

### JNL/Vanguard Moderate Growth ETF Allocation Fund (Series ID: S000058498)

---

|  |  |
|:---|:---|
| Class Name                                           | Class ID   |
| JNL/Vanguard Moderate Growth ETF Allocation Fund (A) | C000192078 |
| JNL/Vanguard Moderate Growth ETF Allocation Fund (I) | C000192079 |

---

### JNL/Vanguard Growth ETF Allocation Fund (Series ID: S000058499)

---

|  |  |
|:---|:---|
| Class Name                                  | Class ID   |
| JNL/Vanguard Growth ETF Allocation Fund (A) | C000192080 |
| JNL/Vanguard Growth ETF Allocation Fund (I) | C000192081 |

---

### JNL/American Funds Capital Income Builder Fund (Series ID: S000062459)

---

|  |  |
|:---|:---|
| Class Name                                         | Class ID   |
| JNL/American Funds Capital Income Builder Fund (A) | C000202635 |
| JNL/American Funds Capital Income Builder Fund (I) | C000202636 |

---

### JNL Multi-Manager International Small Cap Fund (Series ID: S000062460)

---

|  |  |
|:---|:---|
| Class Name                                         | Class ID   |
| JNL Multi-Manager International Small Cap Fund (A) | C000202637 |
| JNL Multi-Manager International Small Cap Fund (I) | C000202638 |

---

### JNL/Cohen & Steers U.S. Realty Fund (Series ID: S000062461)

---

|  |  |
|:---|:---|
| Class Name                              | Class ID   |
| JNL/Cohen & Steers U.S. Realty Fund (A) | C000202639 |
| JNL/Cohen & Steers U.S. Realty Fund (I) | C000202640 |

---

### JNL/JPMorgan Hedged Equity Fund (Series ID: S000062462)

---

|  |  |
|:---|:---|
| Class Name                          | Class ID   |
| JNL/JPMorgan Hedged Equity Fund (A) | C000202641 |
| JNL/JPMorgan Hedged Equity Fund (I) | C000202642 |

---

### JNL/Loomis Sayles Global Growth Fund (Series ID: S000062463)

---

|  |  |
|:---|:---|
| Class Name                               | Class ID   |
| JNL/Loomis Sayles Global Growth Fund (I) | C000202643 |
| JNL/Loomis Sayles Global Growth Fund (A) | C000202644 |

---

### JNL/Morningstar Wide Moat Index Fund (Series ID: S000062464)

---

|  |  |
|:---|:---|
| Class Name                               | Class ID   |
| JNL/Morningstar Wide Moat Index Fund (A) | C000202645 |
| JNL/Morningstar Wide Moat Index Fund (I) | C000202646 |

---

### JNL/AQR Large Cap Defensive Style Fund (Series ID: S000064958)

---

|  |  |
|:---|:---|
| Class Name                                 | Class ID   |
| JNL/AQR Large Cap Defensive Style Fund (I) | C000210326 |
| JNL/AQR Large Cap Defensive Style Fund (A) | C000210327 |

---

### JNL/DFA International Core Equity Fund (Series ID: S000064960)

---

|  |  |
|:---|:---|
| Class Name                                 | Class ID   |
| JNL/DFA International Core Equity Fund (I) | C000210330 |
| JNL/DFA International Core Equity Fund (A) | C000210331 |

---

### JNL/RAFI Multi-Factor U.S. Equity Fund (Series ID: S000064961)

---

|  |  |
|:---|:---|
| Class Name                                 | Class ID   |
| JNL/RAFI Multi-Factor U.S. Equity Fund (I) | C000210332 |
| JNL/RAFI Multi-Factor U.S. Equity Fund (A) | C000210333 |

---

### JNL/RAFI Fundamental U.S. Small Cap Fund (Series ID: S000064962)

---

|  |  |
|:---|:---|
| Class Name                                   | Class ID   |
| JNL/RAFI Fundamental U.S. Small Cap Fund (A) | C000210334 |
| JNL/RAFI Fundamental U.S. Small Cap Fund (I) | C000210335 |

---

### JNL/Lord Abbett Short Duration Income Fund (Series ID: S000068109)

---

|  |  |
|:---|:---|
| Class Name                                     | Class ID   |
| JNL/Lord Abbett Short Duration Income Fund (I) | C000218176 |
| JNL/Lord Abbett Short Duration Income Fund (A) | C000218177 |

---

### JNL/DFA U.S. Small Cap Fund (Series ID: S000068110)

---

|  |  |
|:---|:---|
| Class Name                      | Class ID   |
| JNL/DFA U.S. Small Cap Fund (A) | C000218178 |
| JNL/DFA U.S. Small Cap Fund (I) | C000218179 |

---

### JNL/DoubleLine Total Return Fund (Series ID: S000068111)

---

|  |  |
|:---|:---|
| Class Name                           | Class ID   |
| JNL/DoubleLine Total Return Fund (A) | C000218180 |
| JNL/DoubleLine Total Return Fund (I) | C000218181 |

---

### JNL/Lazard International Quality Growth Fund (Series ID: S000068112)

---

|  |  |
|:---|:---|
| Class Name                                       | Class ID   |
| JNL/Lazard International Quality Growth Fund (A) | C000218182 |
| JNL/Lazard International Quality Growth Fund (I) | C000218183 |

---

### JNL/Neuberger Berman Commodity Strategy Fund (Series ID: S000068113)

---

|  |  |
|:---|:---|
| Class Name                                       | Class ID   |
| JNL/Neuberger Berman Commodity Strategy Fund (I) | C000218184 |
| JNL/Neuberger Berman Commodity Strategy Fund (A) | C000218185 |

---

### JNL/PIMCO Investment Grade Credit Bond Fund (Series ID: S000068114)

---

|  |  |
|:---|:---|
| Class Name                                      | Class ID   |
| JNL/PIMCO Investment Grade Credit Bond Fund (I) | C000218186 |
| JNL/PIMCO Investment Grade Credit Bond Fund (A) | C000218187 |

---

### JNL/T. Rowe Price Capital Appreciation Fund (Series ID: S000068115)

---

|  |  |
|:---|:---|
| Class Name                                      | Class ID   |
| JNL/T. Rowe Price Capital Appreciation Fund (I) | C000218188 |
| JNL/T. Rowe Price Capital Appreciation Fund (A) | C000218189 |

---

### JNL/WCM Focused International Equity Fund (Series ID: S000068116)

---

|  |  |
|:---|:---|
| Class Name                                    | Class ID   |
| JNL/WCM Focused International Equity Fund (I) | C000218190 |
| JNL/WCM Focused International Equity Fund (A) | C000218191 |

---

### JNL/Mellon Dow Index Fund (Series ID: S000068117)

---

|  |  |
|:---|:---|
| Class Name                    | Class ID   |
| JNL/Mellon Dow Index Fund (I) | C000218192 |
| JNL/Mellon Dow Index Fund (A) | C000218193 |

---

### JNL/Mellon World Index Fund (Series ID: S000068118)

---

|  |  |
|:---|:---|
| Class Name                      | Class ID   |
| JNL/Mellon World Index Fund (I) | C000218194 |
| JNL/Mellon World Index Fund (A) | C000218195 |

---

### JNL/Mellon Nasdaq 100 Index Fund (Series ID: S000068119)

---

|  |  |
|:---|:---|
| Class Name                           | Class ID   |
| JNL/Mellon Nasdaq 100 Index Fund (I) | C000218196 |
| JNL/Mellon Nasdaq 100 Index Fund (A) | C000218197 |

---

### JNL Conservative Allocation Fund (Series ID: S000068120)

---

|  |  |
|:---|:---|
| Class Name                           | Class ID   |
| JNL Conservative Allocation Fund (A) | C000218198 |
| JNL Conservative Allocation Fund (I) | C000218199 |

---

### JNL/Mellon Communication Services Sector Fund (Series ID: S000068121)

---

|  |  |
|:---|:---|
| Class Name                                        | Class ID   |
| JNL/Mellon Communication Services Sector Fund (I) | C000218200 |
| JNL/Mellon Communication Services Sector Fund (A) | C000218201 |

---

### JNL/Mellon Consumer Discretionary Sector Fund (Series ID: S000068122)

---

|  |  |
|:---|:---|
| Class Name                                        | Class ID   |
| JNL/Mellon Consumer Discretionary Sector Fund (A) | C000218202 |
| JNL/Mellon Consumer Discretionary Sector Fund (I) | C000218203 |

---

### JNL/Mellon Energy Sector Fund (Series ID: S000068123)

---

|  |  |
|:---|:---|
| Class Name                        | Class ID   |
| JNL/Mellon Energy Sector Fund (A) | C000218204 |
| JNL/Mellon Energy Sector Fund (I) | C000218205 |

---

### JNL/Mellon Financial Sector Fund (Series ID: S000068124)

---

|  |  |
|:---|:---|
| Class Name                           | Class ID   |
| JNL/Mellon Financial Sector Fund (I) | C000218206 |
| JNL/Mellon Financial Sector Fund (A) | C000218207 |

---

### JNL/Mellon Healthcare Sector Fund (Series ID: S000068125)

---

|  |  |
|:---|:---|
| Class Name                            | Class ID   |
| JNL/Mellon Healthcare Sector Fund (I) | C000218208 |
| JNL/Mellon Healthcare Sector Fund (A) | C000218209 |

---

### JNL/Mellon Information Technology Sector Fund (Series ID: S000068126)

---

|  |  |
|:---|:---|
| Class Name                                        | Class ID   |
| JNL/Mellon Information Technology Sector Fund (A) | C000218210 |
| JNL/Mellon Information Technology Sector Fund (I) | C000218211 |

---

### JNL Moderate Allocation Fund (Series ID: S000068127)

---

|  |  |
|:---|:---|
| Class Name                       | Class ID   |
| JNL Moderate Allocation Fund (A) | C000218212 |
| JNL Moderate Allocation Fund (I) | C000218213 |

---

### JNL Moderate ETF Allocation Fund (Series ID: S000068128)

---

|  |  |
|:---|:---|
| Class Name                           | Class ID   |
| JNL Moderate ETF Allocation Fund (A) | C000218214 |
| JNL Moderate ETF Allocation Fund (I) | C000218215 |

---

### JNL Moderate Growth ETF Allocation Fund (Series ID: S000068129)

---

|  |  |
|:---|:---|
| Class Name                                  | Class ID   |
| JNL Moderate Growth ETF Allocation Fund (I) | C000218216 |
| JNL Moderate Growth ETF Allocation Fund (A) | C000218217 |

---

### JNL Growth ETF Allocation Fund (Series ID: S000068130)

---

|  |  |
|:---|:---|
| Class Name                         | Class ID   |
| JNL Growth ETF Allocation Fund (A) | C000218218 |
| JNL Growth ETF Allocation Fund (I) | C000218219 |

---

### JNL/Newton Equity Income Fund (Series ID: S000068131)

---

|  |  |
|:---|:---|
| Class Name                        | Class ID   |
| JNL/Newton Equity Income Fund (A) | C000218220 |
| JNL/Newton Equity Income Fund (I) | C000218221 |

---

### JNL/American Funds Global Growth Fund (Series ID: S000068132)

---

|  |  |
|:---|:---|
| Class Name                                | Class ID   |
| JNL/American Funds Global Growth Fund (A) | C000218222 |
| JNL/American Funds Global Growth Fund (I) | C000218223 |

---

### JNL/American Funds Growth Fund (Series ID: S000068133)

---

|  |  |
|:---|:---|
| Class Name                         | Class ID   |
| JNL/American Funds Growth Fund (I) | C000218224 |
| JNL/American Funds Growth Fund (A) | C000218225 |

---

### JNL Mid Cap Index Fund (Series ID: S000071119)

---

|  |  |
|:---|:---|
| Class Name                 | Class ID   |
| JNL Mid Cap Index Fund (I) | C000225785 |

---

### JNL Small Cap Index Fund (Series ID: S000071120)

---

|  |  |
|:---|:---|
| Class Name                   | Class ID   |
| JNL Small Cap Index Fund (I) | C000225786 |

---

### JNL Bond Index Fund (Series ID: S000071121)

---

|  |  |
|:---|:---|
| Class Name              | Class ID   |
| JNL Bond Index Fund (I) | C000225787 |

---

### JNL International Index Fund (Series ID: S000071122)

---

|  |  |
|:---|:---|
| Class Name                       | Class ID   |
| JNL International Index Fund (I) | C000225788 |

---

### JNL Emerging Markets Index Fund (Series ID: S000071123)

---

|  |  |
|:---|:---|
| Class Name                          | Class ID   |
| JNL Emerging Markets Index Fund (I) | C000225789 |

---

### JNL/American Funds Bond Fund of America Fund (Series ID: S000071126)

---

|  |  |
|:---|:---|
| Class Name                                       | Class ID   |
| JNL/American Funds Bond Fund of America Fund (I) | C000225793 |
| JNL/American Funds Bond Fund of America Fund (A) | C000225794 |

---

### JNL/Morningstar PitchBook Listed Private Equity Index Fund (Series ID: S000071127)

---

|  |  |
|:---|:---|
| Class Name                                                     | Class ID   |
| JNL/Morningstar PitchBook Listed Private Equity Index Fund (A) | C000225795 |
| JNL/Morningstar PitchBook Listed Private Equity Index Fund (I) | C000225796 |

---

### JNL/AB Sustainable Global Thematic Fund (Series ID: S000075429)

---

|  |  |
|:---|:---|
| Class Name                                  | Class ID   |
| JNL/AB Sustainable Global Thematic Fund (I) | C000234520 |
| JNL/AB Sustainable Global Thematic Fund (A) | C000234521 |

---

### JNL/Neuberger Berman Gold Plus Strategy Fund (Series ID: S000075430)

---

|  |  |
|:---|:---|
| Class Name                                       | Class ID   |
| JNL/Neuberger Berman Gold Plus Strategy Fund (I) | C000234522 |
| JNL/Neuberger Berman Gold Plus Strategy Fund (A) | C000234523 |

---

### JNL/WCM China Quality Growth Fund (Series ID: S000075431)

---

|  |  |
|:---|:---|
| Class Name                            | Class ID   |
| JNL/WCM China Quality Growth Fund (I) | C000234524 |
| JNL/WCM China Quality Growth Fund (A) | C000234525 |

---

### JNL Multi-Manager U.S. Select Equity Fund (Series ID: S000078310)

---

|  |  |
|:---|:---|
| Class Name                                    | Class ID   |
| JNL Multi-Manager U.S. Select Equity Fund (A) | C000239073 |
| JNL Multi-Manager U.S. Select Equity Fund (I) | C000239074 |

---

### JNL/Morningstar SMID Moat Focus Index Fund (Series ID: S000084074)

---

|  |  |
|:---|:---|
| Class Name                                     | Class ID   |
| JNL/Morningstar SMID Moat Focus Index Fund (I) | C000248332 |
| JNL/Morningstar SMID Moat Focus Index Fund (A) | C000248333 |

---

### JNL/PPM America Investment Grade Credit Fund (Series ID: S000084075)

---

|  |  |
|:---|:---|
| Class Name                                       | Class ID   |
| JNL/PPM America Investment Grade Credit Fund (I) | C000248334 |
| JNL/PPM America Investment Grade Credit Fund (A) | C000248335 |

---

### JNL/American Funds Moderate Allocation Fund (Series ID: S000086555)

---

|  |  |
|:---|:---|
| Class Name                                      | Class ID   |
| JNL/American Funds Moderate Allocation Fund (I) | C000252140 |
| JNL/American Funds Moderate Allocation Fund (A) | C000252141 |

---

### JNL/T. Rowe Price Capital Appreciation Equity Fund (Series ID: S000086556)

---

|  |  |
|:---|:---|
| Class Name                                             | Class ID   |
| JNL/T. Rowe Price Capital Appreciation Equity Fund (I) | C000252142 |
| JNL/T. Rowe Price Capital Appreciation Equity Fund (A) | C000252143 |

---

### JNL/JPMorgan Nasdaq Hedged Equity Fund (Series ID: S000086557)

---

|  |  |
|:---|:---|
| Class Name                                 | Class ID   |
| JNL/JPMorgan Nasdaq Hedged Equity Fund (I) | C000252144 |
| JNL/JPMorgan Nasdaq Hedged Equity Fund (A) | C000252145 |

---

## Series and Classes Contracts Data

### JNL/MFS MID CAP VALUE FUND (Series ID: S000001722)

| Class ID   | Class Name                     | Ticker Symbol   |
|:---|:---|:---|
| C000004629 | JNL/MFS MID CAP VALUE FUND (A) |  |
| C000067963 | JNL/MFS MID CAP VALUE FUND (I) |  |

### JNL/William Blair International Leaders Fund (Series ID: S000001723)

| Class ID   | Class Name                                       | Ticker Symbol   |
|:---|:---|:---|
| C000004630 | JNL/William Blair International Leaders Fund (A) |  |
| C000067964 | JNL/William Blair International Leaders Fund (I) |  |

### JNL/CAUSEWAY INTERNATIONAL VALUE SELECT FUND (Series ID: S000001724)

| Class ID   | Class Name                                       | Ticker Symbol   |
|:---|:---|:---|
| C000004631 | JNL/CAUSEWAY INTERNATIONAL VALUE SELECT FUND (A) |  |
| C000067965 | JNL/CAUSEWAY INTERNATIONAL VALUE SELECT FUND (I) |  |

### JNL/MELLON S&P 500 INDEX FUND (Series ID: S000001727)

| Class ID   | Class Name                        | Ticker Symbol   |
|:---|:---|:---|
| C000004634 | JNL/MELLON S&P 500 INDEX FUND (A) |  |
| C000067968 | JNL/MELLON S&P 500 INDEX FUND (I) |  |

### JNL/MELLON S&P 400 MIDCAP INDEX FUND (Series ID: S000001728)

| Class ID   | Class Name                               | Ticker Symbol   |
|:---|:---|:---|
| C000004635 | JNL/MELLON S&P 400 MIDCAP INDEX FUND (A) |  |
| C000067969 | JNL/MELLON S&P 400 MIDCAP INDEX FUND (I) |  |

### JNL/MELLON SMALL CAP INDEX FUND (Series ID: S000001729)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000004636 | JNL/MELLON SMALL CAP INDEX FUND (A) |  |
| C000067970 | JNL/MELLON SMALL CAP INDEX FUND (I) |  |

### JNL/MELLON INTERNATIONAL INDEX FUND (Series ID: S000001730)

| Class ID   | Class Name                              | Ticker Symbol   |
|:---|:---|:---|
| C000004637 | JNL/MELLON INTERNATIONAL INDEX FUND (A) |  |
| C000067971 | JNL/MELLON INTERNATIONAL INDEX FUND (I) |  |

### JNL/MELLON BOND INDEX FUND (Series ID: S000001731)

| Class ID   | Class Name                     | Ticker Symbol   |
|:---|:---|:---|
| C000004638 | JNL/MELLON BOND INDEX FUND (A) |  |
| C000067972 | JNL/MELLON BOND INDEX FUND (I) |  |

### JNL/WMC GLOBAL REAL ESTATE FUND (Series ID: S000001732)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000004639 | JNL/WMC GLOBAL REAL ESTATE FUND (A) |  |
| C000067973 | JNL/WMC GLOBAL REAL ESTATE FUND (I) |  |

### JNL/INVESCO GLOBAL GROWTH FUND (Series ID: S000001734)

| Class ID   | Class Name                         | Ticker Symbol   |
|:---|:---|:---|
| C000004641 | JNL/INVESCO GLOBAL GROWTH FUND (A) |  |
| C000067975 | JNL/INVESCO GLOBAL GROWTH FUND (I) |  |

### JNL/DOUBLELINE CORE FIXED INCOME FUND (Series ID: S000001736)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000004643 | JNL/DOUBLELINE CORE FIXED INCOME FUND (A) |  |
| C000067976 | JNL/DOUBLELINE CORE FIXED INCOME FUND (I) |  |

### JNL/PPM AMERICA HIGH YIELD BOND FUND (Series ID: S000001740)

| Class ID   | Class Name                               | Ticker Symbol   |
|:---|:---|:---|
| C000004647 | JNL/PPM AMERICA HIGH YIELD BOND FUND (A) |  |
| C000067978 | JNL/PPM AMERICA HIGH YIELD BOND FUND (I) |  |

### JNL/FIDELITY INSTITUTIONAL ASSET MANAGEMENT TOTAL BOND FUND (Series ID: S000001741)

| Class ID   | Class Name                                                      | Ticker Symbol   |
|:---|:---|:---|
| C000004648 | JNL/FIDELITY INSTITUTIONAL ASSET MANAGEMENT TOTAL BOND FUND (A) |  |
| C000067979 | JNL/FIDELITY INSTITUTIONAL ASSET MANAGEMENT TOTAL BOND FUND (I) |  |

### JNL/JPMORGAN US GOVERNMENT & QUALITY BOND FUND (Series ID: S000001742)

| Class ID   | Class Name                                           | Ticker Symbol   |
|:---|:---|:---|
| C000004649 | JNL/JPMORGAN US GOVERNMENT & QUALITY BOND FUND (A)   |  |
| C000067980 | JNL/JPMORGAN U.S. GOVERNMENT & QUALITY BOND FUND (I) |  |

### JNL/INVESCO SMALL CAP GROWTH FUND (Series ID: S000001743)

| Class ID   | Class Name                            | Ticker Symbol   |
|:---|:---|:---|
| C000004650 | JNL/INVESCO SMALL CAP GROWTH FUND (A) |  |
| C000067981 | JNL/INVESCO SMALL CAP GROWTH FUND (I) |  |

### JNL/WMC BALANCED FUND (Series ID: S000001744)

| Class ID   | Class Name                | Ticker Symbol   |
|:---|:---|:---|
| C000004651 | JNL/WMC BALANCED FUND (A) |  |
| C000067982 | JNL/WMC BALANCED FUND (I) |  |

### JNL/BLACKROCK LARGE CAP SELECT GROWTH FUND (Series ID: S000001746)

| Class ID   | Class Name                                     | Ticker Symbol   |
|:---|:---|:---|
| C000004653 | JNL/BLACKROCK LARGE CAP SELECT GROWTH FUND (A) |  |
| C000067984 | JNL/BLACKROCK LARGE CAP SELECT GROWTH FUND (I) |  |

### JNL/DREYFUS GOVERNMENT MONEY MARKET FUND (Series ID: S000001747)

| Class ID   | Class Name                                   | Ticker Symbol   |
|:---|:---|:---|
| C000004654 | JNL/DREYFUS GOVERNMENT MONEY MARKET FUND (A) |  |
| C000067985 | JNL/DREYFUS GOVERNMENT MONEY MARKET FUND (I) |  |

### JNL/WMC VALUE FUND (Series ID: S000001748)

| Class ID   | Class Name             | Ticker Symbol   |
|:---|:---|:---|
| C000004655 | JNL/WMC VALUE FUND (A) |  |
| C000067986 | JNL/WMC VALUE FUND (I) |  |

### JNL/T. Rowe Price Growth Stock Fund (Series ID: S000001749)

| Class ID   | Class Name                              | Ticker Symbol   |
|:---|:---|:---|
| C000004656 | JNL/T. Rowe Price Growth Stock Fund (A) |  |
| C000067987 | JNL/T. Rowe Price Growth Stock Fund (I) |  |

### JNL/T. ROWE PRICE MID-CAP GROWTH FUND (Series ID: S000001750)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000004657 | JNL/T. ROWE PRICE MID-CAP GROWTH FUND (A) |  |
| C000067988 | JNL/T. ROWE PRICE MID-CAP GROWTH FUND (I) |  |

### JNL/T. ROWE PRICE VALUE FUND (Series ID: S000001751)

| Class ID   | Class Name                       | Ticker Symbol   |
|:---|:---|:---|
| C000004658 | JNL/T. ROWE PRICE VALUE FUND (A) |  |
| C000067989 | JNL/T. ROWE PRICE VALUE FUND (I) |  |

### JNL/JPMorgan Managed Conservative Fund (Series ID: S000001752)

| Class ID   | Class Name                                 | Ticker Symbol   |
|:---|:---|:---|
| C000004659 | JNL/JPMorgan Managed Conservative Fund (A) |  |
| C000192197 | JNL/JPMorgan Managed Conservative Fund (I) |  |

### JNL/JPMorgan Managed Moderate Fund (Series ID: S000001753)

| Class ID   | Class Name                             | Ticker Symbol   |
|:---|:---|:---|
| C000004660 | JNL/JPMorgan Managed Moderate Fund (A) |  |
| C000192198 | JNL/JPMorgan Managed Moderate Fund (I) |  |

### JNL/JPMorgan Managed Moderate Growth Fund (Series ID: S000001755)

| Class ID   | Class Name                                    | Ticker Symbol   |
|:---|:---|:---|
| C000004662 | JNL/JPMorgan Managed Moderate Growth Fund (A) |  |
| C000192199 | JNL/JPMorgan Managed Moderate Growth Fund (I) |  |

### JNL/JPMorgan Managed Growth Fund (Series ID: S000001756)

| Class ID   | Class Name                           | Ticker Symbol   |
|:---|:---|:---|
| C000004663 | JNL/JPMorgan Managed Growth Fund (A) |  |
| C000192200 | JNL/JPMorgan Managed Growth Fund (I) |  |

### JNL/JPMorgan Managed Aggressive Growth Fund (Series ID: S000001757)

| Class ID   | Class Name                                      | Ticker Symbol   |
|:---|:---|:---|
| C000004664 | JNL/JPMorgan Managed Aggressive Growth Fund (A) |  |
| C000192201 | JNL/JPMorgan Managed Aggressive Growth Fund (I) |  |

### JNL/DFA U.S. CORE EQUITY FUND (Series ID: S000001765)

| Class ID   | Class Name                        | Ticker Symbol   |
|:---|:---|:---|
| C000004672 | JNL/DFA U.S. CORE EQUITY FUND (A) |  |
| C000067990 | JNL/DFA U.S. CORE EQUITY FUND (I) |  |

### JNL Multi-Manager Small Cap Growth Fund (Series ID: S000001776)

| Class ID   | Class Name                                  | Ticker Symbol   |
|:---|:---|:---|
| C000004683 | JNL Multi-Manager Small Cap Growth Fund (A) |  |
| C000067991 | JNL Multi-Manager Small Cap Growth Fund (I) |  |

### JNL/AMERICAN FUNDS BALANCED FUND (Series ID: S000001787)

| Class ID   | Class Name                           | Ticker Symbol   |
|:---|:---|:---|
| C000004694 | JNL/AMERICAN FUNDS BALANCED FUND (A) |  |
| C000067992 | JNL/AMERICAN FUNDS BALANCED FUND (I) |  |

### JNL/JPMORGAN MIDCAP GROWTH FUND (Series ID: S000001797)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000004704 | JNL/JPMORGAN MIDCAP GROWTH FUND (A) |  |
| C000067993 | JNL/JPMORGAN MIDCAP GROWTH FUND (I) |  |

### JNL MULTI-MANAGER SMALL CAP VALUE FUND (Series ID: S000001798)

| Class ID   | Class Name                                 | Ticker Symbol   |
|:---|:---|:---|
| C000004705 | JNL MULTI-MANAGER SMALL CAP VALUE FUND (A) |  |
| C000067994 | JNL MULTI-MANAGER SMALL CAP VALUE FUND (I) |  |

### JNL/FRANKLIN TEMPLETON INCOME FUND (Series ID: S000010705)

| Class ID   | Class Name                             | Ticker Symbol   |
|:---|:---|:---|
| C000029596 | JNL/FRANKLIN TEMPLETON INCOME FUND (A) |  |
| C000067995 | JNL/FRANKLIN TEMPLETON INCOME FUND (I) |  |

### JNL/T. ROWE PRICE SHORT-TERM BOND FUND (Series ID: S000010707)

| Class ID   | Class Name                                 | Ticker Symbol   |
|:---|:---|:---|
| C000029598 | JNL/T. ROWE PRICE SHORT-TERM BOND FUND (A) |  |
| C000067996 | JNL/T. ROWE PRICE SHORT-TERM BOND FUND (I) |  |

### JNL MULTI-MANAGER EMERGING MARKETS EQUITY FUND (Series ID: S000010709)

| Class ID   | Class Name                                         | Ticker Symbol   |
|:---|:---|:---|
| C000029600 | JNL MULTI-MANAGER EMERGING MARKETS EQUITY FUND (A) |  |
| C000067997 | JNL MULTI-MANAGER EMERGING MARKETS EQUITY FUND (I) |  |

### JNL/PIMCO REAL RETURN FUND (Series ID: S000010711)

| Class ID   | Class Name                     | Ticker Symbol   |
|:---|:---|:---|
| C000029602 | JNL/PIMCO REAL RETURN FUND (A) |  |
| C000067998 | JNL/PIMCO REAL RETURN FUND (I) |  |

### JNL/BLACKROCK GLOBAL NATURAL RESOURCES FUND (Series ID: S000014502)

| Class ID   | Class Name                                      | Ticker Symbol   |
|:---|:---|:---|
| C000039480 | JNL/BLACKROCK GLOBAL NATURAL RESOURCES FUND (A) |  |
| C000067999 | JNL/BLACKROCK GLOBAL NATURAL RESOURCES FUND (I) |  |

### JNL/JPMORGAN U.S. VALUE FUND (Series ID: S000014515)

| Class ID   | Class Name                       | Ticker Symbol   |
|:---|:---|:---|
| C000039493 | JNL/JPMORGAN U.S. VALUE FUND (A) |  |
| C000068003 | JNL/JPMORGAN U.S. VALUE FUND (I) |  |

### JNL MODERATE GROWTH ALLOCATION FUND (Series ID: S000014517)

| Class ID   | Class Name                              | Ticker Symbol   |
|:---|:---|:---|
| C000039495 | JNL MODERATE GROWTH ALLOCATION FUND (A) |  |
| C000192203 | JNL MODERATE GROWTH ALLOCATION FUND (I) |  |

### JNL GROWTH ALLOCATION FUND (Series ID: S000014518)

| Class ID   | Class Name                     | Ticker Symbol   |
|:---|:---|:---|
| C000039496 | JNL GROWTH ALLOCATION FUND (A) |  |
| C000192204 | JNL GROWTH ALLOCATION FUND (I) |  |

### JNL AGGRESSIVE GROWTH ALLOCATION FUND (Series ID: S000014519)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000039497 | JNL AGGRESSIVE GROWTH ALLOCATION FUND (A) |  |
| C000192205 | JNL AGGRESSIVE GROWTH ALLOCATION FUND (I) |  |

### JNL/GOLDMAN SACHS 4 FUND (Series ID: S000019485)

| Class ID   | Class Name                   | Ticker Symbol   |
|:---|:---|:---|
| C000054128 | JNL/GOLDMAN SACHS 4 FUND (A) |  |
| C000192208 | JNL/GOLDMAN SACHS 4 FUND (I) |  |

### JNL/AMERICAN FUNDS WASHINGTON MUTUAL INVESTORS FUND (Series ID: S000028038)

| Class ID   | Class Name                                              | Ticker Symbol   |
|:---|:---|:---|
| C000085345 | JNL/AMERICAN FUNDS WASHINGTON MUTUAL INVESTORS FUND (A) |  |
| C000085346 | JNL/AMERICAN FUNDS WASHINGTON MUTUAL INVESTORS FUND (I) |  |

### JNL/AMERICAN FUNDS CAPITAL WORLD BOND FUND (Series ID: S000028039)

| Class ID   | Class Name                                     | Ticker Symbol   |
|:---|:---|:---|
| C000085347 | JNL/AMERICAN FUNDS CAPITAL WORLD BOND FUND (A) |  |
| C000085348 | JNL/AMERICAN FUNDS CAPITAL WORLD BOND FUND (I) |  |

### JNL/AMERICAN FUNDS GLOBAL SMALL CAPITALIZATION FUND (Series ID: S000028040)

| Class ID   | Class Name                                              | Ticker Symbol   |
|:---|:---|:---|
| C000085349 | JNL/AMERICAN FUNDS GLOBAL SMALL CAPITALIZATION FUND (A) |  |
| C000085350 | JNL/AMERICAN FUNDS GLOBAL SMALL CAPITALIZATION FUND (I) |  |

### JNL/AMERICAN FUNDS GROWTH-INCOME FUND (Series ID: S000028041)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000085351 | JNL/AMERICAN FUNDS GROWTH-INCOME FUND (A) |  |
| C000085352 | JNL/AMERICAN FUNDS GROWTH-INCOME FUND (I) |  |

### JNL/AMERICAN FUNDS INTERNATIONAL FUND (Series ID: S000028042)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000085353 | JNL/AMERICAN FUNDS INTERNATIONAL FUND (I) |  |
| C000085354 | JNL/AMERICAN FUNDS INTERNATIONAL FUND (A) |  |

### JNL/AMERICAN FUNDS NEW WORLD FUND (Series ID: S000028043)

| Class ID   | Class Name                            | Ticker Symbol   |
|:---|:---|:---|
| C000085355 | JNL/AMERICAN FUNDS NEW WORLD FUND (A) |  |
| C000085356 | JNL/AMERICAN FUNDS NEW WORLD FUND (I) |  |

### JNL/BLACKROCK GLOBAL ALLOCATION FUND (Series ID: S000029611)

| Class ID   | Class Name                               | Ticker Symbol   |
|:---|:---|:---|
| C000090917 | JNL/BLACKROCK GLOBAL ALLOCATION FUND (A) |  |
| C000090918 | JNL/BLACKROCK GLOBAL ALLOCATION FUND (I) |  |

### JNL MULTI-MANAGER FLOATING RATE INCOME FUND (Series ID: S000030878)

| Class ID   | Class Name                                      | Ticker Symbol   |
|:---|:---|:---|
| C000095821 | JNL MULTI-MANAGER FLOATING RATE INCOME FUND (A) |  |
| C000192211 | JNL MULTI-MANAGER FLOATING RATE INCOME FUND (I) |  |

### JNL/MELLON EMERGING MARKETS INDEX FUND (Series ID: S000033505)

| Class ID   | Class Name                                 | Ticker Symbol   |
|:---|:---|:---|
| C000102953 | JNL/MELLON EMERGING MARKETS INDEX FUND (A) |  |
| C000102954 | JNL/MELLON EMERGING MARKETS INDEX FUND (I) |  |

### JNL/FIRST SENTIER GLOBAL INFRASTRUCTURE FUND (Series ID: S000034689)

| Class ID   | Class Name                                       | Ticker Symbol   |
|:---|:---|:---|
| C000106863 | JNL/FIRST SENTIER GLOBAL INFRASTRUCTURE FUND (A) |  |
| C000106864 | JNL/FIRST SENTIER GLOBAL INFRASTRUCTURE FUND (I) |  |

### JNL/AMERICAN FUNDS MODERATE GROWTH ALLOCATION FUND (Series ID: S000036378)

| Class ID   | Class Name                                             | Ticker Symbol   |
|:---|:---|:---|
| C000111243 | JNL/AMERICAN FUNDS MODERATE GROWTH ALLOCATION FUND (A) |  |
| C000192212 | JNL/AMERICAN FUNDS MODERATE GROWTH ALLOCATION FUND (I) |  |

### JNL/AMERICAN FUNDS GROWTH ALLOCATION FUND (Series ID: S000036379)

| Class ID   | Class Name                                    | Ticker Symbol   |
|:---|:---|:---|
| C000111244 | JNL/AMERICAN FUNDS GROWTH ALLOCATION FUND (A) |  |
| C000192213 | JNL/AMERICAN FUNDS GROWTH ALLOCATION FUND (I) |  |

### JNL/NEUBERGER BERMAN STRATEGIC INCOME FUND (Series ID: S000036382)

| Class ID   | Class Name                                     | Ticker Symbol   |
|:---|:---|:---|
| C000111249 | JNL/NEUBERGER BERMAN STRATEGIC INCOME FUND (A) |  |
| C000111250 | JNL/NEUBERGER BERMAN STRATEGIC INCOME FUND (I) |  |

### JNL/MELLON UTILITIES SECTOR FUND (Series ID: S000040007)

| Class ID   | Class Name                           | Ticker Symbol   |
|:---|:---|:---|
| C000124095 | JNL/MELLON UTILITIES SECTOR FUND (A) |  |
| C000124096 | JNL/MELLON UTILITIES SECTOR FUND (I) |  |

### JNL/JPMORGAN GLOBAL ALLOCATION FUND (Series ID: S000044434)

| Class ID   | Class Name                              | Ticker Symbol   |
|:---|:---|:---|
| C000138276 | JNL/JPMORGAN GLOBAL ALLOCATION FUND (A) |  |
| C000138277 | JNL/JPMORGAN GLOBAL ALLOCATION FUND (I) |  |

### JNL/T. ROWE PRICE BALANCED FUND (Series ID: S000044437)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000138280 | JNL/T. ROWE PRICE BALANCED FUND (A) |  |
| C000192215 | JNL/T. ROWE PRICE BALANCED FUND (I) |  |

### JNL Multi-Manager Alternative Fund (Series ID: S000048717)

| Class ID   | Class Name                             | Ticker Symbol   |
|:---|:---|:---|
| C000153487 | JNL Multi-Manager Alternative Fund (A) |  |
| C000192217 | JNL Multi-Manager Alternative Fund (I) |  |

### JNL/Westchester Capital Event Driven Fund (Series ID: S000048720)

| Class ID   | Class Name                                    | Ticker Symbol   |
|:---|:---|:---|
| C000153492 | JNL/Westchester Capital Event Driven Fund (A) |  |
| C000153493 | JNL/Westchester Capital Event Driven Fund (I) |  |

### JNL/DoubleLine Shiller Enhanced CAPE Fund (Series ID: S000050455)

| Class ID   | Class Name                                    | Ticker Symbol   |
|:---|:---|:---|
| C000159263 | JNL/DoubleLine Shiller Enhanced CAPE Fund (A) |  |
| C000159264 | JNL/DoubleLine Shiller Enhanced CAPE Fund (I) |  |

### JNL/T. ROWE PRICE U.S. HIGH YIELD FUND (Series ID: S000052994)

| Class ID   | Class Name                                 | Ticker Symbol   |
|:---|:---|:---|
| C000166581 | JNL/T. ROWE PRICE U.S. HIGH YIELD FUND (A) |  |
| C000192218 | JNL/T. ROWE PRICE U.S. HIGH YIELD FUND (I) |  |

### JNL/DOUBLELINE EMERGING MARKETS FIXED INCOME FUND (Series ID: S000052995)

| Class ID   | Class Name                                            | Ticker Symbol   |
|:---|:---|:---|
| C000166582 | JNL/DOUBLELINE EMERGING MARKETS FIXED INCOME FUND (A) |  |
| C000192219 | JNL/DOUBLELINE EMERGING MARKETS FIXED INCOME FUND (I) |  |

### JNL/PPM AMERICA TOTAL RETURN FUND (Series ID: S000052996)

| Class ID   | Class Name                            | Ticker Symbol   |
|:---|:---|:---|
| C000166583 | JNL/PPM AMERICA TOTAL RETURN FUND (A) |  |
| C000192220 | JNL/PPM AMERICA TOTAL RETURN FUND (I) |  |

### JNL MULTI-MANAGER MID CAP FUND (Series ID: S000054971)

| Class ID   | Class Name                         | Ticker Symbol   |
|:---|:---|:---|
| C000172890 | JNL MULTI-MANAGER MID CAP FUND (A) |  |
| C000192221 | JNL MULTI-MANAGER MID CAP FUND (I) |  |

### JNL/Morningstar U.S. Sustainability Index Fund (Series ID: S000056619)

| Class ID   | Class Name                                         | Ticker Symbol   |
|:---|:---|:---|
| C000179076 | JNL/Morningstar U.S. Sustainability Index Fund (A) |  |
| C000192222 | JNL/Morningstar U.S. Sustainability Index Fund (I) |  |

### JNL S&P 500 Index Fund (Series ID: S000058482)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000192047 | JNL S&P 500 Index Fund (I) |  |

### JNL/Mellon Consumers Staples Sector Fund (Series ID: S000058483)

| Class ID   | Class Name                                   | Ticker Symbol   |
|:---|:---|:---|
| C000192048 | JNL/Mellon Consumers Staples Sector Fund (A) |  |
| C000192049 | JNL/Mellon Consumers Staples Sector Fund (I) |  |

### JNL/Mellon Materials Sector Fund (Series ID: S000058484)

| Class ID   | Class Name                           | Ticker Symbol   |
|:---|:---|:---|
| C000192050 | JNL/Mellon Materials Sector Fund (A) |  |
| C000192051 | JNL/Mellon Materials Sector Fund (I) |  |

### JNL/Mellon Industrials Sector Fund (Series ID: S000058485)

| Class ID   | Class Name                             | Ticker Symbol   |
|:---|:---|:---|
| C000192052 | JNL/Mellon Industrials Sector Fund (A) |  |
| C000192053 | JNL/Mellon Industrials Sector Fund (I) |  |

### JNL/Mellon Real Estate Sector Fund (Series ID: S000058486)

| Class ID   | Class Name                             | Ticker Symbol   |
|:---|:---|:---|
| C000192054 | JNL/Mellon Real Estate Sector Fund (A) |  |
| C000192055 | JNL/Mellon Real Estate Sector Fund (I) |  |

### JNL/ClearBridge Large Cap Growth Fund (Series ID: S000058487)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000192056 | JNL/ClearBridge Large Cap Growth Fund (A) |  |
| C000192057 | JNL/ClearBridge Large Cap Growth Fund (I) |  |

### JNL/GQG Emerging Markets Equity Fund (Series ID: S000058488)

| Class ID   | Class Name                               | Ticker Symbol   |
|:---|:---|:---|
| C000192058 | JNL/GQG Emerging Markets Equity Fund (A) |  |
| C000192059 | JNL/GQG Emerging Markets Equity Fund (I) |  |

### JNL/Invesco Diversified Dividend Fund (Series ID: S000058489)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000192060 | JNL/Invesco Diversified Dividend Fund (A) |  |
| C000192061 | JNL/Invesco Diversified Dividend Fund (I) |  |

### JNL/PIMCO Income Fund (Series ID: S000058490)

| Class ID   | Class Name                | Ticker Symbol   |
|:---|:---|:---|
| C000192062 | JNL/PIMCO Income Fund (A) |  |
| C000192063 | JNL/PIMCO Income Fund (I) |  |

### JNL/WMC Equity Income Fund (Series ID: S000058491)

| Class ID   | Class Name                     | Ticker Symbol   |
|:---|:---|:---|
| C000192064 | JNL/WMC Equity Income Fund (A) |  |
| C000192065 | JNL/WMC Equity Income Fund (I) |  |

### JNL/Vanguard Moderate ETF Allocation Fund (Series ID: S000058493)

| Class ID   | Class Name                                    | Ticker Symbol   |
|:---|:---|:---|
| C000192068 | JNL/Vanguard Moderate ETF Allocation Fund (A) |  |
| C000192069 | JNL/Vanguard Moderate ETF Allocation Fund (I) |  |

### JNL/Mellon U.S. Stock Market Index Fund (Series ID: S000058496)

| Class ID   | Class Name                                  | Ticker Symbol   |
|:---|:---|:---|
| C000192074 | JNL/Mellon U.S. Stock Market Index Fund (I) |  |
| C000192075 | JNL/Mellon U.S. Stock Market Index Fund (A) |  |

### JNL/Vanguard Moderate Growth ETF Allocation Fund (Series ID: S000058498)

| Class ID   | Class Name                                           | Ticker Symbol   |
|:---|:---|:---|
| C000192078 | JNL/Vanguard Moderate Growth ETF Allocation Fund (A) |  |
| C000192079 | JNL/Vanguard Moderate Growth ETF Allocation Fund (I) |  |

### JNL/Vanguard Growth ETF Allocation Fund (Series ID: S000058499)

| Class ID   | Class Name                                  | Ticker Symbol   |
|:---|:---|:---|
| C000192080 | JNL/Vanguard Growth ETF Allocation Fund (A) |  |
| C000192081 | JNL/Vanguard Growth ETF Allocation Fund (I) |  |

### JNL/American Funds Capital Income Builder Fund (Series ID: S000062459)

| Class ID   | Class Name                                         | Ticker Symbol   |
|:---|:---|:---|
| C000202635 | JNL/American Funds Capital Income Builder Fund (A) |  |
| C000202636 | JNL/American Funds Capital Income Builder Fund (I) |  |

### JNL Multi-Manager International Small Cap Fund (Series ID: S000062460)

| Class ID   | Class Name                                         | Ticker Symbol   |
|:---|:---|:---|
| C000202637 | JNL Multi-Manager International Small Cap Fund (A) |  |
| C000202638 | JNL Multi-Manager International Small Cap Fund (I) |  |

### JNL/Cohen & Steers U.S. Realty Fund (Series ID: S000062461)

| Class ID   | Class Name                              | Ticker Symbol   |
|:---|:---|:---|
| C000202639 | JNL/Cohen & Steers U.S. Realty Fund (A) |  |
| C000202640 | JNL/Cohen & Steers U.S. Realty Fund (I) |  |

### JNL/JPMorgan Hedged Equity Fund (Series ID: S000062462)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000202641 | JNL/JPMorgan Hedged Equity Fund (A) |  |
| C000202642 | JNL/JPMorgan Hedged Equity Fund (I) |  |

### JNL/Loomis Sayles Global Growth Fund (Series ID: S000062463)

| Class ID   | Class Name                               | Ticker Symbol   |
|:---|:---|:---|
| C000202643 | JNL/Loomis Sayles Global Growth Fund (I) |  |
| C000202644 | JNL/Loomis Sayles Global Growth Fund (A) |  |

### JNL/Morningstar Wide Moat Index Fund (Series ID: S000062464)

| Class ID   | Class Name                               | Ticker Symbol   |
|:---|:---|:---|
| C000202645 | JNL/Morningstar Wide Moat Index Fund (A) |  |
| C000202646 | JNL/Morningstar Wide Moat Index Fund (I) |  |

### JNL/AQR Large Cap Defensive Style Fund (Series ID: S000064958)

| Class ID   | Class Name                                 | Ticker Symbol   |
|:---|:---|:---|
| C000210326 | JNL/AQR Large Cap Defensive Style Fund (I) |  |
| C000210327 | JNL/AQR Large Cap Defensive Style Fund (A) |  |

### JNL/DFA International Core Equity Fund (Series ID: S000064960)

| Class ID   | Class Name                                 | Ticker Symbol   |
|:---|:---|:---|
| C000210330 | JNL/DFA International Core Equity Fund (I) |  |
| C000210331 | JNL/DFA International Core Equity Fund (A) |  |

### JNL/RAFI Multi-Factor U.S. Equity Fund (Series ID: S000064961)

| Class ID   | Class Name                                 | Ticker Symbol   |
|:---|:---|:---|
| C000210332 | JNL/RAFI Multi-Factor U.S. Equity Fund (I) |  |
| C000210333 | JNL/RAFI Multi-Factor U.S. Equity Fund (A) |  |

### JNL/RAFI Fundamental U.S. Small Cap Fund (Series ID: S000064962)

| Class ID   | Class Name                                   | Ticker Symbol   |
|:---|:---|:---|
| C000210334 | JNL/RAFI Fundamental U.S. Small Cap Fund (A) |  |
| C000210335 | JNL/RAFI Fundamental U.S. Small Cap Fund (I) |  |

### JNL/Lord Abbett Short Duration Income Fund (Series ID: S000068109)

| Class ID   | Class Name                                     | Ticker Symbol   |
|:---|:---|:---|
| C000218176 | JNL/Lord Abbett Short Duration Income Fund (I) |  |
| C000218177 | JNL/Lord Abbett Short Duration Income Fund (A) |  |

### JNL/DFA U.S. Small Cap Fund (Series ID: S000068110)

| Class ID   | Class Name                      | Ticker Symbol   |
|:---|:---|:---|
| C000218178 | JNL/DFA U.S. Small Cap Fund (A) |  |
| C000218179 | JNL/DFA U.S. Small Cap Fund (I) |  |

### JNL/DoubleLine Total Return Fund (Series ID: S000068111)

| Class ID   | Class Name                           | Ticker Symbol   |
|:---|:---|:---|
| C000218180 | JNL/DoubleLine Total Return Fund (A) |  |
| C000218181 | JNL/DoubleLine Total Return Fund (I) |  |

### JNL/Lazard International Quality Growth Fund (Series ID: S000068112)

| Class ID   | Class Name                                       | Ticker Symbol   |
|:---|:---|:---|
| C000218182 | JNL/Lazard International Quality Growth Fund (A) |  |
| C000218183 | JNL/Lazard International Quality Growth Fund (I) |  |

### JNL/Neuberger Berman Commodity Strategy Fund (Series ID: S000068113)

| Class ID   | Class Name                                       | Ticker Symbol   |
|:---|:---|:---|
| C000218184 | JNL/Neuberger Berman Commodity Strategy Fund (I) |  |
| C000218185 | JNL/Neuberger Berman Commodity Strategy Fund (A) |  |

### JNL/PIMCO Investment Grade Credit Bond Fund (Series ID: S000068114)

| Class ID   | Class Name                                      | Ticker Symbol   |
|:---|:---|:---|
| C000218186 | JNL/PIMCO Investment Grade Credit Bond Fund (I) |  |
| C000218187 | JNL/PIMCO Investment Grade Credit Bond Fund (A) |  |

### JNL/T. Rowe Price Capital Appreciation Fund (Series ID: S000068115)

| Class ID   | Class Name                                      | Ticker Symbol   |
|:---|:---|:---|
| C000218188 | JNL/T. Rowe Price Capital Appreciation Fund (I) |  |
| C000218189 | JNL/T. Rowe Price Capital Appreciation Fund (A) |  |

### JNL/WCM Focused International Equity Fund (Series ID: S000068116)

| Class ID   | Class Name                                    | Ticker Symbol   |
|:---|:---|:---|
| C000218190 | JNL/WCM Focused International Equity Fund (I) |  |
| C000218191 | JNL/WCM Focused International Equity Fund (A) |  |

### JNL/Mellon Dow Index Fund (Series ID: S000068117)

| Class ID   | Class Name                    | Ticker Symbol   |
|:---|:---|:---|
| C000218192 | JNL/Mellon Dow Index Fund (I) |  |
| C000218193 | JNL/Mellon Dow Index Fund (A) |  |

### JNL/Mellon World Index Fund (Series ID: S000068118)

| Class ID   | Class Name                      | Ticker Symbol   |
|:---|:---|:---|
| C000218194 | JNL/Mellon World Index Fund (I) |  |
| C000218195 | JNL/Mellon World Index Fund (A) |  |

### JNL/Mellon Nasdaq 100 Index Fund (Series ID: S000068119)

| Class ID   | Class Name                           | Ticker Symbol   |
|:---|:---|:---|
| C000218196 | JNL/Mellon Nasdaq 100 Index Fund (I) |  |
| C000218197 | JNL/Mellon Nasdaq 100 Index Fund (A) |  |

### JNL Conservative Allocation Fund (Series ID: S000068120)

| Class ID   | Class Name                           | Ticker Symbol   |
|:---|:---|:---|
| C000218198 | JNL Conservative Allocation Fund (A) |  |
| C000218199 | JNL Conservative Allocation Fund (I) |  |

### JNL/Mellon Communication Services Sector Fund (Series ID: S000068121)

| Class ID   | Class Name                                        | Ticker Symbol   |
|:---|:---|:---|
| C000218200 | JNL/Mellon Communication Services Sector Fund (I) |  |
| C000218201 | JNL/Mellon Communication Services Sector Fund (A) |  |

### JNL/Mellon Consumer Discretionary Sector Fund (Series ID: S000068122)

| Class ID   | Class Name                                        | Ticker Symbol   |
|:---|:---|:---|
| C000218202 | JNL/Mellon Consumer Discretionary Sector Fund (A) |  |
| C000218203 | JNL/Mellon Consumer Discretionary Sector Fund (I) |  |

### JNL/Mellon Energy Sector Fund (Series ID: S000068123)

| Class ID   | Class Name                        | Ticker Symbol   |
|:---|:---|:---|
| C000218204 | JNL/Mellon Energy Sector Fund (A) |  |
| C000218205 | JNL/Mellon Energy Sector Fund (I) |  |

### JNL/Mellon Financial Sector Fund (Series ID: S000068124)

| Class ID   | Class Name                           | Ticker Symbol   |
|:---|:---|:---|
| C000218206 | JNL/Mellon Financial Sector Fund (I) |  |
| C000218207 | JNL/Mellon Financial Sector Fund (A) |  |

### JNL/Mellon Healthcare Sector Fund (Series ID: S000068125)

| Class ID   | Class Name                            | Ticker Symbol   |
|:---|:---|:---|
| C000218208 | JNL/Mellon Healthcare Sector Fund (I) |  |
| C000218209 | JNL/Mellon Healthcare Sector Fund (A) |  |

### JNL/Mellon Information Technology Sector Fund (Series ID: S000068126)

| Class ID   | Class Name                                        | Ticker Symbol   |
|:---|:---|:---|
| C000218210 | JNL/Mellon Information Technology Sector Fund (A) |  |
| C000218211 | JNL/Mellon Information Technology Sector Fund (I) |  |

### JNL Moderate Allocation Fund (Series ID: S000068127)

| Class ID   | Class Name                       | Ticker Symbol   |
|:---|:---|:---|
| C000218212 | JNL Moderate Allocation Fund (A) |  |
| C000218213 | JNL Moderate Allocation Fund (I) |  |

### JNL Moderate ETF Allocation Fund (Series ID: S000068128)

| Class ID   | Class Name                           | Ticker Symbol   |
|:---|:---|:---|
| C000218214 | JNL Moderate ETF Allocation Fund (A) |  |
| C000218215 | JNL Moderate ETF Allocation Fund (I) |  |

### JNL Moderate Growth ETF Allocation Fund (Series ID: S000068129)

| Class ID   | Class Name                                  | Ticker Symbol   |
|:---|:---|:---|
| C000218216 | JNL Moderate Growth ETF Allocation Fund (I) |  |
| C000218217 | JNL Moderate Growth ETF Allocation Fund (A) |  |

### JNL Growth ETF Allocation Fund (Series ID: S000068130)

| Class ID   | Class Name                         | Ticker Symbol   |
|:---|:---|:---|
| C000218218 | JNL Growth ETF Allocation Fund (A) |  |
| C000218219 | JNL Growth ETF Allocation Fund (I) |  |

### JNL/Newton Equity Income Fund (Series ID: S000068131)

| Class ID   | Class Name                        | Ticker Symbol   |
|:---|:---|:---|
| C000218220 | JNL/Newton Equity Income Fund (A) |  |
| C000218221 | JNL/Newton Equity Income Fund (I) |  |

### JNL/American Funds Global Growth Fund (Series ID: S000068132)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000218222 | JNL/American Funds Global Growth Fund (A) |  |
| C000218223 | JNL/American Funds Global Growth Fund (I) |  |

### JNL/American Funds Growth Fund (Series ID: S000068133)

| Class ID   | Class Name                         | Ticker Symbol   |
|:---|:---|:---|
| C000218224 | JNL/American Funds Growth Fund (I) |  |
| C000218225 | JNL/American Funds Growth Fund (A) |  |

### JNL Mid Cap Index Fund (Series ID: S000071119)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000225785 | JNL Mid Cap Index Fund (I) |  |

### JNL Small Cap Index Fund (Series ID: S000071120)

| Class ID   | Class Name                   | Ticker Symbol   |
|:---|:---|:---|
| C000225786 | JNL Small Cap Index Fund (I) |  |

### JNL Bond Index Fund (Series ID: S000071121)

| Class ID   | Class Name              | Ticker Symbol   |
|:---|:---|:---|
| C000225787 | JNL Bond Index Fund (I) |  |

### JNL International Index Fund (Series ID: S000071122)

| Class ID   | Class Name                       | Ticker Symbol   |
|:---|:---|:---|
| C000225788 | JNL International Index Fund (I) |  |

### JNL Emerging Markets Index Fund (Series ID: S000071123)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000225789 | JNL Emerging Markets Index Fund (I) |  |

### JNL/American Funds Bond Fund of America Fund (Series ID: S000071126)

| Class ID   | Class Name                                       | Ticker Symbol   |
|:---|:---|:---|
| C000225793 | JNL/American Funds Bond Fund of America Fund (I) |  |
| C000225794 | JNL/American Funds Bond Fund of America Fund (A) |  |

### JNL/Morningstar PitchBook Listed Private Equity Index Fund (Series ID: S000071127)

| Class ID   | Class Name                                                     | Ticker Symbol   |
|:---|:---|:---|
| C000225795 | JNL/Morningstar PitchBook Listed Private Equity Index Fund (A) |  |
| C000225796 | JNL/Morningstar PitchBook Listed Private Equity Index Fund (I) |  |

### JNL/AB Sustainable Global Thematic Fund (Series ID: S000075429)

| Class ID   | Class Name                                  | Ticker Symbol   |
|:---|:---|:---|
| C000234520 | JNL/AB Sustainable Global Thematic Fund (I) |  |
| C000234521 | JNL/AB Sustainable Global Thematic Fund (A) |  |

### JNL/Neuberger Berman Gold Plus Strategy Fund (Series ID: S000075430)

| Class ID   | Class Name                                       | Ticker Symbol   |
|:---|:---|:---|
| C000234522 | JNL/Neuberger Berman Gold Plus Strategy Fund (I) |  |
| C000234523 | JNL/Neuberger Berman Gold Plus Strategy Fund (A) |  |

### JNL/WCM China Quality Growth Fund (Series ID: S000075431)

| Class ID   | Class Name                            | Ticker Symbol   |
|:---|:---|:---|
| C000234524 | JNL/WCM China Quality Growth Fund (I) |  |
| C000234525 | JNL/WCM China Quality Growth Fund (A) |  |

### JNL Multi-Manager U.S. Select Equity Fund (Series ID: S000078310)

| Class ID   | Class Name                                    | Ticker Symbol   |
|:---|:---|:---|
| C000239073 | JNL Multi-Manager U.S. Select Equity Fund (A) |  |
| C000239074 | JNL Multi-Manager U.S. Select Equity Fund (I) |  |

### JNL/Morningstar SMID Moat Focus Index Fund (Series ID: S000084074)

| Class ID   | Class Name                                     | Ticker Symbol   |
|:---|:---|:---|
| C000248332 | JNL/Morningstar SMID Moat Focus Index Fund (I) |  |
| C000248333 | JNL/Morningstar SMID Moat Focus Index Fund (A) |  |

### JNL/PPM America Investment Grade Credit Fund (Series ID: S000084075)

| Class ID   | Class Name                                       | Ticker Symbol   |
|:---|:---|:---|
| C000248334 | JNL/PPM America Investment Grade Credit Fund (I) |  |
| C000248335 | JNL/PPM America Investment Grade Credit Fund (A) |  |

### JNL/American Funds Moderate Allocation Fund (Series ID: S000086555)

| Class ID   | Class Name                                      | Ticker Symbol   |
|:---|:---|:---|
| C000252140 | JNL/American Funds Moderate Allocation Fund (I) |  |
| C000252141 | JNL/American Funds Moderate Allocation Fund (A) |  |

### JNL/T. Rowe Price Capital Appreciation Equity Fund (Series ID: S000086556)

| Class ID   | Class Name                                             | Ticker Symbol   |
|:---|:---|:---|
| C000252142 | JNL/T. Rowe Price Capital Appreciation Equity Fund (I) |  |
| C000252143 | JNL/T. Rowe Price Capital Appreciation Equity Fund (A) |  |

### JNL/JPMorgan Nasdaq Hedged Equity Fund (Series ID: S000086557)

| Class ID   | Class Name                                 | Ticker Symbol   |
|:---|:---|:---|
| C000252144 | JNL/JPMorgan Nasdaq Hedged Equity Fund (I) |  |
| C000252145 | JNL/JPMorgan Nasdaq Hedged Equity Fund (A) |  |

?xml version='1.0' encoding='ASCII'?

**Supplement Dated August 29, 2025**

**To The Prospectus Dated April 28, 2025**

**JNL<sup>®</sup> Series Trust**

Please note that the changes below may impact your variable annuity and/or variable life product(s).

Unless otherwise noted, all changes are effective August 28, 2025.

*Please delete all references to and information for Baillie Gifford Overseas Limited.*

 

*Please delete all references to and information for Nuance Investments, LLC.*

*Effective August 1, 2025, for the JNL/American Funds Global Growth Fund, please delete all references to and information for Roz Hongsaranagon.*

*For the JNL Multi-Manager Small Cap Growth Fund, please delete all references to and information for Victory Capital Management Inc.*

 

*Effective August 1, 2025, for the JNL/T. Rowe Price Growth Stock Fund, please delete all references to and information for Joseph B. Fath.*

 

*Effective August 1, 2025, in the section "**Summary Overview of Each Fund**," under "**Portfolio Management**," for the JNL/American Funds Global Growth Fund, please delete the Portfolio Managers table in the entirety and replace with the following:*

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Name:** | &nbsp;&nbsp;**Joined Fund Management<br> Team In:** | &nbsp;&nbsp;**Title:** |
| &nbsp;&nbsp;Patrice Collette | &nbsp;&nbsp;November 2015 | &nbsp;&nbsp;Partner, Capital World Investors, CRMC |
| &nbsp;&nbsp;Matt Hochstetler | &nbsp;&nbsp;January 2024 | &nbsp;&nbsp;Partner, Capital World Investors, CRMC |
| &nbsp;&nbsp;Piyada Phanaphat | &nbsp;&nbsp;August 2023 | &nbsp;&nbsp;Partner, Capital World Investors, CRMC |
| &nbsp;&nbsp;Barbara Burtin | &nbsp;&nbsp;August 2025 | &nbsp;&nbsp;Partner, Capital World Investors, CRMC |
| &nbsp;&nbsp;Jason B. Smith | &nbsp;&nbsp;August 2025 | &nbsp;&nbsp;Partner, Capital World Investors, CRMC |

---

*Effective August 28, 2025, in the section "**Summary Overview of Each Fund**," under "**Principal Investment Strategies**," for the JNL Multi-Manager International Small Cap Fund, please delete the seventh paragraph in the entirety and replace with the following:*

Two unaffiliated investment managers ("Sub-Advisers") generally provide day to day management for a portion of the Fund's assets (each portion is sometimes referred to as a "sleeve"). Each Sub-Adviser may use different investment strategies in managing Fund assets, acts independently from the others, and uses its own methodology for selecting investments. Jackson National Asset Management, LLC ("JNAM" or "Adviser") is responsible for identifying and retaining the Sub-Advisers for the selected strategies and for monitoring the services provided by the Sub-Advisers. JNAM provides qualitative and quantitative supervision as part of its process for selecting and monitoring the Sub-Advisers. JNAM is also responsible for selecting the Fund's investment strategies and for determining the amount of Fund assets to allocate to each Sub-Adviser. Based on JNAM's ongoing evaluation of the Sub-Advisers, JNAM may adjust allocations among Sub-Advisers.

*In the section, "**Summary Overview of Each Fund**," under "**Principal Investment Strategies**," for the JNL Multi-Manager International Small Cap Fund, please delete the "**Baillie Gifford Strategy**" in the entirety.*

*In the section, "**Summary Overview of Each Fund**," under "**Portfolio Management**," for the JNL Multi-Manager International Small Cap Fund, please delete all references to and information for Brian Lum, CFA, Charlie Broughton, CFA and Remya Nair.*

 

*In the section, "**Summary Overview of Each Fund**," under "**Principal Investment Strategies**," for the JNL Multi-Manager Mid Cap Fund, please delete the "**Nuance Strategy**" in the entirety.*

 

*In the section "**Summary Overview of Each Fund**," under "**Principal Investment Strategies**," for the JNL Multi-Manager Mid Cap Fund, please delete the third paragraph in the entirety and replace with the following:*

 

Four unaffiliated investment managers ("Sub-Advisers") generally provide day to day management for a portion of the Fund's assets (each portion is sometimes referred to as a "sleeve"). Each Sub-Adviser may use different investment strategies in managing Fund assets, acts independently from the others, and uses its own methodology for selecting investments. Jackson National Asset Management, LLC ("JNAM" or "Adviser") is responsible for identifying and retaining the Sub-Advisers for the selected strategies and for monitoring the services provided by the Sub-Advisers. JNAM provides qualitative and quantitative supervision as part of its process for selecting and monitoring the Sub-Advisers. JNAM is also responsible for selecting the Fund's investment strategies and for determining the amount of Fund assets to allocate to each Sub-Adviser. Based on JNAM's ongoing evaluation of the Sub-Advisers, JNAM may adjust allocations among Sub-Advisers. 

 

*In the section, "**Summary Overview of Each Fund**," under "**Portfolio Management**," for the JNL Multi-Manager Mid Cap Fund, please delete all references to and information for Scott A. Moore, CFA, Jack Meurer, CFA and D. Adam West, CFA.* 

 

*In the section, "**Summary Overview of Each Fund**," under "**Principal Investment Strategies**," for the JNL Multi-Manager Small Cap Growth Fund, please delete the "**Victory RS Investments Strategy**" in the entirety.*

 

*In the section "**Summary Overview of Each Fund**," under "**Principal Investment Strategies**," for the JNL Multi-Manager Small Cap Growth Fund, please delete the third paragraph in the entirety and replace with the following:*

 

Six unaffiliated investment managers ("Sub-Advisers") generally provide day to day management for a portion of the Fund's assets (each portion is sometimes referred to as a "sleeve"). Each Sub-Adviser may use different investment strategies in managing Fund assets, acts independently from the others, and uses its own methodology for selecting investments. Jackson National Asset Management, LLC ("JNAM" or "Adviser") is responsible for identifying and retaining the Sub-Advisers for the selected strategies and for monitoring the services provided by the Sub-Advisers. JNAM provides qualitative and quantitative supervision as part of its process for selecting and monitoring the Sub-Advisers. JNAM is also responsible for selecting the Fund's investment strategies and for determining the amount of Fund assets to allocate to each Sub-Adviser. Based on JNAM's ongoing evaluation of the Sub-Advisers, JNAM may adjust allocations among Sub-Advisers.

 

*In the section, "**Summary Overview of Each Fund**," under "**Portfolio Management**," for the JNL Multi-Manager Small Cap Growth Fund, please delete all references to and information for D. Scott Tracy, CFA, Stephen J. Bishop, Melissa Chadwick-Dunn and Paul Leung, CFA.*

 

*In the section "**Summary Overview of Each Fund**," under "**Principal Investment Strategies**," for the JNL Multi-Manager Small Cap Growth Fund, please delete the "GIM Strategy" in the entirety and replace with the following:*

 

*GIM Strategy*

Granahan Investment Management, LLC ("GIM") constructs the GIM Strategy by blending Small Cap Focused Growth strategy and their Small Cap Select Strategy.

GIM's Small Cap Focused Growth strategy is grounded in the belief that superior long term returns are best achieved by focusing on smaller companies that are poised to grow at 15% or more, and using a strict methodology to own the stocks of these sustainable growth companies when risk/reward is attractive.

Within this philosophy, GIM's Small Cap Focused Growth strategy seeks to own companies with large open-ended opportunities, a favorable competitive landscape and products or services providing a significant value proposition to the customer.

The Small Cap Select strategy takes a diversified approach to growth by seeking companies that can either sustain growth for an extended time, or materially accelerate their growth rate over the near to medium term. The strategy believes that this approach expands the investment opportunity set and mitigates risk.

 

*Effective August 29, 2025, in the section "**Summary Overview of Each Fund**," under "**Principal Investment Strategies**," for the JNL Multi-Manager U.S. Select Equity Fund, please delete the sixth paragraph in the entirety and replace with the following:*

 

Three unaffiliated investment managers ("Sub-Advisers") generally provide day to day management for a portion of the Fund's assets (each portion is sometimes referred to as a "sleeve"). Each Sub-Adviser may use different investment strategies in managing Fund assets, acts independently from the others, and uses its own methodology for selecting investments. Jackson National Asset Management, LLC ("JNAM" or "Adviser") is responsible for identifying and retaining the Sub-Advisers for the selected strategies and for monitoring the services provided by the Sub-Advisers. JNAM provides qualitative and quantitative supervision as part of its process for selecting and monitoring the Sub-Advisers. JNAM is also responsible for selecting the Fund's investment strategies and for determining the amount of Fund assets to allocate to each Sub-Adviser. Based on JNAM's ongoing evaluation of the Sub-Advisers, JNAM may adjust allocations among Sub-Advisers.

*Effective August 29, 2025, in the section "**Summary Overview of Each Fund**," under "**Principal Investment Strategies**," for the JNL Multi-Manager U.S. Select Equity Fund, after "GQG Strategy" please add the following:*

*River Road Strategy*

River Road Asset Management, LLC ("River Road") constructs the River Road Strategy by investing primarily in equity securities of large-capitalization U.S. companies that River Road believes are undervalued. River Road generally considers a company to be a U.S. company if it has been organized under the laws of, has its principal offices in, or has its securities principally traded in the U.S. The River Road Strategy's equity investments may include common stock, foreign securities (directly and through depositary receipts, including ADRs, EDRs, and GDRs), and real estate investment trusts ("REITs").

The River Road Strategy may also invest in common stock of companies of other market capitalizations (measured at the time of acquisition), and publicly traded partnerships, including, but not limited to, master limited partnerships.

 

*Effective August 29, 2025, in the section "**Summary Overview of Each Fund**," under "**Principal Risks of Investing in the Fund**," for the JNL Multi-Manager U.S. Select Equity Fund, please delete "Investment style risk" in the entirety and replace with the following:*

 

● *Investment style risk* – The returns from a certain investment style may be lower than the returns from the overall stock market. Value stocks may not increase in price if other investors fail to recognize the company's value or the factors that are expected to increase the price of the security do not occur. Growth stock prices frequently reflect projections of future earnings or revenues, and if earnings growth expectations are not met, their stock prices will likely fall, which may reduce the value of a Fund's investment in those stocks. Over market cycles, different investment styles may sometimes outperform other investment styles (for example, growth investing may outperform value investing).

 

*Effective August 29, 2025, in the section "**Summary Overview of Each Fund**," under "**Principal Risks of Investing in the Fund**," for the JNL Multi-Manager U.S. Select Equity Fund, after "Depositary receipts risk," please add the following:*

 

● *REIT investment risk* **–** The risks of investing in REITs include certain risks associated with the direct ownership of real estate and the real estate industry in general. These include risks related to general, regional and local economic conditions; difficulties in valuing and disposing of real estate; fluctuations in interest rates and property tax rates; shifts in zoning laws; environmental regulations and other governmental action; cash flow dependency; increased operating expenses; lack of availability of mortgage funds; losses due to natural disasters; overbuilding; losses due to casualty or condemnation; changes in property values and rental rates; the management skill and creditworthiness of the REIT manager; and other factors. REITs may have limited financial resources, may trade less frequently and in limited volume, may engage in dilutive offerings of securities and may be more volatile than other securities. REITs could be adversely affected by failure to maintain their exemptions from registration under the Investment Company Act of 1940, as amended, or failure to qualify for the "dividends paid deduction" under the Internal Revenue Code of 1986, as amended, which allows REITs to reduce their corporate taxable income for dividends paid to their shareholders.

 

*Effective August 29, 2025, in the section "**Summary Overview of Each Fund**," under "**Principal Risks of Investing in the Fund**," for the JNL Multi-Manager U.S. Select Equity Fund, after "Portfolio turnover risk," please add the following:*

 

● *Master limited partnership risk* – An investment in MLP units involves some risks that differ from an investment in the common stock of a corporation. Holders of MLP units have limited control on matters affecting the partnership. Investing in MLPs involves certain risks related to investing in the underlying assets of the MLPs and risks associated with pooled investment vehicles. MLPs holding credit-related investments are subject to interest rate risk and the risk of default on payment obligations by debt issuers. MLPs that concentrate in a particular industry or a particular geographic region are subject to risks associated with such industry or region. The benefit derived from the Fund's investment in MLPs is largely dependent on the MLPs being treated as partnerships for federal income tax purposes. Certain MLPs may be illiquid securities.

 

*Effective August 29, 2025, in the section "**Summary Overview of Each Fund**," under "**Portfolio Management**," for the JNL Multi-Manager U.S. Select Equity Fund, please delete the Sub-Advisers list and Portfolio Managers table in the entirety and replace with the following:*

 

**Sub-Advisers:** 

GQG Partners LLC ("GQG")

River Road Asset Management, LLC ("River Road")

WCM Investment Management, LLC ("WCM")

**Portfolio Managers:**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Name:** | &nbsp;&nbsp;**Joined Fund Management<br> Team In:** | &nbsp;&nbsp;**Title:** |
| &nbsp;&nbsp;William Harding, CFA | &nbsp;&nbsp;November 2022 | &nbsp;&nbsp;Senior Vice President, Chief Investment Officer and Portfolio Manager, JNAM |
| &nbsp;&nbsp;Sean Hynes, CFA, CAIA | &nbsp;&nbsp;November 2022 | &nbsp;&nbsp;Vice President and Portfolio Manager, JNAM |
| &nbsp;&nbsp;Mark Pliska, CFA | &nbsp;&nbsp;November 2022 | &nbsp;&nbsp;Vice President and Portfolio Manager, JNAM |
| &nbsp;&nbsp;Rajiv Jain | &nbsp;&nbsp;November 2022 | &nbsp;&nbsp;Chairman and Chief Investment Officer, GQG |
| &nbsp;&nbsp;Brian Kersmanc | &nbsp;&nbsp;November 2022 | &nbsp;&nbsp;Senior Investment Analyst and Portfolio Manager, GQG |
| &nbsp;&nbsp;Sudarshan Murthy, CFA | &nbsp;&nbsp;November 2022 | &nbsp;&nbsp;Senior Investment Analyst and Portfolio Manager, GQG |
| &nbsp;&nbsp;Siddharth Jain | &nbsp;&nbsp;January 2024 | &nbsp;&nbsp;Investment Analyst and Deputy Portfolio Manager, GQG |
| &nbsp;&nbsp;Matthew W. Moran, CFA | &nbsp;&nbsp;August 2025 | &nbsp;&nbsp;Portfolio Manager, River Road |
| &nbsp;&nbsp;Daniel R. Johnson, CFA, CPA | &nbsp;&nbsp;August 2025 | &nbsp;&nbsp;Portfolio Manager, River Road |
| &nbsp;&nbsp;Sanjay Ayer, CFA | &nbsp;&nbsp;November 2022 | &nbsp;&nbsp;Portfolio Manager, WCM |
| &nbsp;&nbsp;Michael B. Trigg | &nbsp;&nbsp;November 2022 | &nbsp;&nbsp;Portfolio Manager and co-CEO, WCM |
| &nbsp;&nbsp;Michael Hayward | &nbsp;&nbsp;April 2025 | &nbsp;&nbsp;Portfolio Manager and Business Analyst, WCM |
| &nbsp;&nbsp;Ross Bendetson | &nbsp;&nbsp;April 2025 | &nbsp;&nbsp;Portfolio Manager and Business Analyst, WCM |

---

 

*Effective May 13, 2025, in the section "**Summary Overview of Each Fund**," under "**Portfolio Management**," for the JNL/Lord Abbett Short Duration Income Fund, please delete the Portfolio Managers table in the entirety and replace with the following:*

 

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Name:** | &nbsp;&nbsp;**Joined Fund Management<br> Team In:** | &nbsp;&nbsp;**Title:** |
| &nbsp;&nbsp;Andrew H. O'Brien, CFA | &nbsp;&nbsp;April 2020 | &nbsp;&nbsp;Partner and Portfolio Manager, Lord Abbett |
| &nbsp;&nbsp;Robert A. Lee | &nbsp;&nbsp;April 2020 | &nbsp;&nbsp;Partner and Co-Head of Taxable Fixed Income, Lord Abbett |
| &nbsp;&nbsp;Steven F. Rocco, CFA | &nbsp;&nbsp;April 2020 | &nbsp;&nbsp;Partner and Co-Head of Taxable Fixed Income, Lord Abbett |
| &nbsp;&nbsp;Adam C. Castle, CFA | &nbsp;&nbsp;April 2022 | &nbsp;&nbsp;Partner and Portfolio Manager, Lord Abbett |
| &nbsp;&nbsp;Harris A. Trifon | &nbsp;&nbsp;April 2022 | &nbsp;&nbsp;Partner and Portfolio Manager, Lord Abbett |
| &nbsp;&nbsp;Yoana N. Koleva, CFA | &nbsp;&nbsp;April 2022 | &nbsp;&nbsp;Partner and Portfolio Manager, Lord Abbett |
| &nbsp;&nbsp;Gregory Benz, CFA | &nbsp;&nbsp;May 2025 | &nbsp;&nbsp;Managing Director and Portfolio Manager, Lord Abbett |
| &nbsp;&nbsp;Ty J. Kern | &nbsp;&nbsp;May 2025 | &nbsp;&nbsp;Managing Director and Portfolio Manager, Lord Abbett |

---

 

*In the section "**Summary Overview of Each Fund**," under "**Principal Risks of Investing in the Fund**," for the JNL/T. Rowe Price Capital Appreciation Equity Fund, please delete the fourth paragraph in the entirety and replace with the following:*

 

The Fund's sector allocations are largely the result of the Sub-Adviser's focus on stock selection. At times, the Fund may have a significant portion of its assets invested in the same economic sector, such as the information technology and healthcare sectors.

 

*Effective August 1, 2025, in the section, "**Additional Information About Each Fund**," under "**Portfolio Management of the Master Fund**," for the JNL/American Funds Global Growth Fund, after the second paragraph please add the following:*

 

Barbara Burtin is a Partner of Capital World Investors and has been and investment professional for 17 years in total; all with CRMC or its affiliates.

Jason B. Smith is a Partner of Capital World Investors and has been and investment professional for 29 years in total; 19 years with CRMC or its affiliates.

*Effective August 28, 2025, in the section "**Additional Information About Each Fund**," under "**Principal Investment Strategies**," for the JNL Multi-Manager International Small Cap Fund, please delete the eighth paragraph in the entirety and replace with the following:*

 

Two unaffiliated investment managers ("Sub-Advisers") generally provide day to day management for a portion of the Fund's assets (each portion is sometimes referred to as a "sleeve"). Each Sub-Adviser may use different investment strategies in managing Fund assets, acts independently from the others, and uses its own methodology for selecting investments. Jackson National Asset Management, LLC ("JNAM" or "Adviser") is responsible for identifying and retaining the Sub-Advisers for the selected strategies and for monitoring the services provided by the Sub-Advisers. JNAM provides qualitative and quantitative supervision as part of its process for selecting and monitoring the Sub-Advisers. JNAM is also responsible for selecting the Fund's investment strategies and for determining the amount of Fund assets to allocate to each Sub-Adviser. Based on JNAM's ongoing evaluation of the Sub-Advisers, JNAM may adjust allocations among Sub-Advisers.

 

*In the section, "**Additional Information About Each Fund**," under "**Principal Investment Strategies**," for the JNL Multi-Manager International Small Cap Fund, please delete the "**Baillie Gifford Strategy**" in the entirety.*

 

*In the section, "**Additional Information About Each Fund**," under "**The Adviser, Sub-Advisers and Portfolio Management**," for the JNL Multi-Manager International Small Cap Fund, please delete all references to and information for Brian Lum, CFA, Charlie Broughton, CFA and Remya Nair.*

 

*In the section, "**Additional Information About Each Fund**," under "**Principal Investment Strategies**," for the JNL Multi-Manager Mid Cap Fund, please delete the "**Nuance Strategy**" in the entirety.*

 

*In the section "**Additional Information About Each Fund**," under "**Principal Investment Strategies**," for the JNL Multi-Manager Mid Cap Fund, please delete the third paragraph in the entirety and replace with the following:*

 

Four unaffiliated investment managers ("Sub-Advisers") generally provide day to day management for a portion of the Fund's assets (each portion is sometimes referred to as a "sleeve"). Each Sub-Adviser may use different investment strategies in managing Fund assets, acts independently from the others, and uses its own methodology for selecting investments. Jackson National Asset Management, LLC ("JNAM" or "Adviser") is responsible for identifying and retaining the Sub-Advisers for the selected strategies and for monitoring the services provided by the Sub-Advisers. JNAM provides qualitative and quantitative supervision as part of its process for selecting and monitoring the Sub-Advisers. JNAM is also responsible for selecting the Fund's investment strategies and for determining the amount of Fund assets to allocate to each Sub-Adviser. Based on JNAM's ongoing evaluation of the Sub-Advisers, JNAM may adjust allocations among Sub-Advisers.

 

*In the section, "**Additional Information About Each Fund**," under "**The Adviser, Sub-Advisers and Portfolio Management**," for the JNL Multi-Manager Mid Cap Fund, please delete all references to and information for Scott A. Moore, CFA, Jack Meurer, CFA and D. Adam West, CFA.* 

 

*In the section "**Additional Information About Each Fund**," under "**Principal Investment Strategies**," for the JNL Multi-Manager Small Cap Growth Fund, under the "GIM Strategy" please delete the first through third paragraphs in the entirety and replace with the following:*

 

*GIM Strategy*

Granahan Investment Management, LLC ("GIM") constructs the GIM strategy by blending Small Cap Focused Growth strategy and their Small Cap Select strategy.

GIM's Small Cap Focused Growth strategy is grounded in the belief that superior long term returns are best achieved through a select portfolio of smaller companies that are poised to grow at 15% or more. Fundamental company analysis is subsequently combined with a strict valuation discipline centered on a stock's expected return and risk/reward, with particular emphasis on minimizing the downside of the risk/reward equation. Within this philosophy, GIM's Small Cap Focused Growth strategy seeks to own companies that have strong balance sheets, large open-ended opportunities, a favorable competitive landscape, and products or services providing a significant value proposition to the customer.

 

*In the section, "**Additional Information About Each Fund**," under "**Principal Investment Strategies**," for the JNL Multi-Manager Small Cap Growth Fund, please delete the "**Victory RS Investments Strategy**" in the entirety.*

 

*In the section "**Additional Information About Each Fund**," under "**Principal Investment Strategies**," for the JNL Multi-Manager Small Cap Growth Fund, please delete the seventh paragraph in the entirety and replace with the following:*

 

Six unaffiliated investment managers ("Sub-Advisers") generally provide day to day management for a portion of the Fund's assets (each portion is sometimes referred to as a "sleeve"). Each Sub-Adviser may use different investment strategies in managing Fund assets, acts independently from the others, and uses its own methodology for selecting investments. Jackson National Asset Management, LLC ("JNAM" or "Adviser") is responsible for identifying and retaining the Sub-Advisers for the selected strategies and for monitoring the services provided by the Sub-Advisers. JNAM provides qualitative and quantitative supervision as part of its process for selecting and monitoring the Sub-Advisers. JNAM is also responsible for selecting the Fund's investment strategies and for determining the amount of Fund assets to allocate to each Sub-Adviser. Based on JNAM's ongoing evaluation of the Sub-Advisers, JNAM may adjust allocations among Sub-Advisers.

 

*In the section, "**Additional Information About Each Fund**," under "**The Adviser, Sub-Advisers and Portfolio Management**," for the JNL Multi-Manager Small Cap Growth Fund, please delete all references to and information for D. Scott Tracy, CFA, Stephen J. Bishop, Melissa Chadwick-Dunn and Paul Leung, CFA.* 

 

*Effective August 29, 2025, in the section "**Additional Information About Each Fund**," under "**Principal Investment Strategies**," for the JNL Multi-Manager U.S. Select Equity Fund, please delete the sixth paragraph in the entirety and replace with the following:*

 

Three unaffiliated investment managers ("Sub-Advisers") generally provide day to day management for a portion of the Fund's assets (each portion is sometimes referred to as a "sleeve"). Each Sub-Adviser may use different investment strategies in managing Fund assets, acts independently from the others, and uses its own methodology for selecting investments. Jackson National Asset Management, LLC ("JNAM" or "Adviser") is responsible for identifying and retaining the Sub-Advisers for the selected strategies and for monitoring the services provided by the Sub-Advisers. JNAM provides qualitative and quantitative supervision as part of its process for selecting and monitoring the Sub-Advisers. JNAM is also responsible for selecting the Fund's investment strategies and for determining the amount of Fund assets to allocate to each Sub-Adviser. Based on JNAM's ongoing evaluation of the Sub-Advisers, JNAM may adjust allocations among Sub-Advisers.

*Effective August 29, 2025, in the section "**Additional Information About Each Fund**," under "**Principal Investment Strategies**," for the JNL Multi-Manager U.S. Select Equity Fund, after "GQG Strategy" please add the following:*

 

*River Road Strategy*

River Road Asset Management, LLC ("River Road") constructs the River Road Strategy by investing primarily in equity securities of large-capitalization U.S. companies that River Road believes are undervalued. River Road generally considers a company to be a U.S. company if it has been organized under the laws of, has its principal offices in, or has its securities principally traded in the U.S. The River Road Strategy's equity investments may include common stock, foreign securities (directly and through depositary receipts, including ADRs, EDRs, and GDRs), and real estate investment trusts ("REITs").

The River Road Strategy may also invest in common stock of companies of other market capitalizations (measured at the time of acquisition), and publicly traded partnerships, including, but not limited to, master limited partnerships.

River Road's investment philosophy is based upon its proprietary Absolute Value<sup>®</sup> approach, which seeks to generate attractive, sustainable returns over the long term, with an emphasis on minimizing downside portfolio risk. River Road builds the River Road Strategy from the bottom up, making security-specific research central to River Road's process. At the core of River Road's Absolute Value<sup>®</sup> approach is a systematic method for assessing the 'risk-to-reward' characteristics of an investment. The goal of the research process is to formulate two outputs from which an investment decision is made – conviction rating (risk) and discount to value (reward). A stock's conviction rating combined with its discount to value determine not only whether the stock qualifies for investment, but also how the stock will be sized within the River Road Strategy.

 

*Effective August 29, 2025, in the section "**Additional Information About Each Fund**," under "**Principal Risks of Investing in the Fund**," for the JNL Multi-Manager U.S. Select Equity Fund, after "Depositary receipts risk," please add the following:*

 

● *REIT investment risk* 

*Effective August 29, 2025, in the section "**Additional Information About Each Fund**," under "**Principal Risks of Investing in the Fund**," for the JNL Multi-Manager U.S. Select Equity Fund, after "Portfolio turnover risk," please add the following:*

 

● *Master limited partnership risk* 

 

 

*Effective August 29, 2025, in the section "**Additional Information About Each Fund**," under "**The Adviser, Sub-Advisers and Portfolio Management**," for the JNL Multi-Manager U.S. Select Equity Fund, after the sub-section for GQG Partners LLC, please add the following:*

 

River Road Asset Management, LLC ("River Road"), Meidinger Tower, 462 South Fourth Street, Suite 2000, Louisville, Kentucky 40202, was founded in 2005. River Road is indirectly majority owned by Affiliated Managers Group, Inc., and members of River Road's senior management team hold a substantial minority equity interest in the firm.

Matthew W. Moran, CFA, is a portfolio manager for River Road's Mid Cap Value and Large Cap Value portfolios. He previously served as a senior equity analyst for River Road. Prior to joining River Road in 2007, Mr. Moran served as an Equity Analyst at Morningstar, an Associate at Citigroup, and an Analyst at Goldman Sachs. Mr. Moran earned a BS in Finance from Bradley University and a M.B.A. from The University of Chicago Booth School of Business. Mr. Moran is a member of the CFA Institute and CFA Society Louisville.

Daniel R. Johnson, CFA, CPA, is a portfolio manager for River Road's Mid Cap Value and Large Cap Value portfolios. He previously served as a senior equity analyst for River Road. Prior to joining River Road in 2006, Mr. Johnson served as an Associate Auditor at PricewaterhouseCoopers. Mr. Johnson earned a BS in Accounting from the University of Kentucky and a M.B.A. in Accountancy from the University of Kentucky. Mr. Johnson is a member of the CFA Institute and CFA Society Louisville.

 

*Effective May 13, 2025, in the section "**Additional Information About Each Fund**," under "**The Sub-Adviser and Portfolio Management**," for the JNL/Lord Abbett Short Duration Income Fund, after the eighth paragraph, please add the following:*

 

Gregory Benz, CFA, is a Managing Director and Portfolio Manager at Lord Abbett. Mr. Benz is responsible for contributing to the management of Lord Abbett's taxable-fixed income strategies with a focus on investment grade securities. He joined Lord Abbett in 2016. Prior to his current role, Mr. Benz served as Associate Trader responsible for covering Investment Grade Credit for Lord Abbett's Global Fixed Income Trading team, which supports all the taxable fixed-income strategies. His previous experience includes serving as Emerging Market Corporate Debt Trader, Strategist and Emerging Market Trader/Portfolio Structure Analyst, and Cash Desk, US Treasury/IG Corporate Debt Trader at Payden & Rygel Investment Management. Mr. Benz has worked in the financial services industry since 2011. He earned a BA in economics from Occidental College and is a holder of the Chartered Financial Analyst<sup>®</sup> (CFA) designation.

Ty J. Kern is a Managing Director and Portfolio Manager at Lord Abbett. Mr. Kern is responsible for contributing to the management for Lord Abbett's taxable-fixed income strategies with a focus on investment grade corporates. Mr. Kern joined Lord Abbett in 2021. His previous experience includes serving as Investment Grade Bond Trader, Vice President at Goldman Sachs Asset Management and Fixed-Income Portfolio Analyst at BlackRock. Mr. Kern has worked in the financial services industry since 2012. He earned a BS in actuarial science and economics from The Ohio State University, College of Mathematical and Physical Sciences.

*Effective July 21, 2025, in the section "**Additional Information About Each Fund**," under "**Additional Information About the Other Investment Strategies, Other Investments and Risks of the Fund (Other than Principal Strategies/Risks)**," for the JNL/Mellon Dow<sup>SM</sup> Index Fund, please delete the first paragraph in the entirety and replace it with the following:*

 

**Additional Information About the Other Investment Strategies, Other Investments and Risks of the Fund (Other than Principal Strategies/Risks).** To effectively manage cash inflows and outflows, the Fund may maintain a cash position primarily consisting of shares of money market mutual funds including the affiliated JNL Government Money Market Fund and investments in other investment companies (such as exchange traded funds) to the extent permitted under the 1940 Act. The Fund may also invest in money market instruments.

 

The performance of the Fund depends on the Sub-Adviser's ability to effectively implement the investment strategies of this Fund and will also depend on the performance of the stocks selected that meet the stock selection criteria.

*Effective July 21, 2025, in the section "**Additional Information About Each Fund**," under "**Additional Information About the Other Investment Strategies, Other Investments and Risks of the Fund (Other than Principal Strategies/Risks)**," for the JNL/Mellon Real Estate Sector Fund, please delete the first paragraph in the entirety and replace it with the following:*

 

**Additional Information About the Other Investment Strategies, Other Investments and Risks of the Fund (Other than Principal Strategies/Risks).** To effectively manage cash inflows and outflows, the Fund may maintain a cash position primarily consisting of shares of money market mutual funds including the affiliated JNL Government Money Market Fund and investments in other investment companies (such as exchange traded funds) to the extent permitted under the 1940 Act. The Fund may also invest in money market instruments.

In addition, the performance of the Fund depends on the Sub-Adviser's ability to effectively implement the investment strategies of the Fund.

*In the section "**Additional Information About Each Fund**," under "**Principal Investment Strategy**," for the JNL/T. Rowe Price Capital Appreciation Equity Fund, please delete the fourth paragraph in the entirety and replace with the following:*

 

The Fund's sector allocations are largely the result of the Sub-Adviser's focus on stock selection. At times, the Fund may have a significant portion of its assets invested in the same economic sector, such as the information technology and healthcare sectors.

*In the section "**More About the Funds**," after "Portfolio Turnover," please add the following:*

 

**Investment in Other Funds.** The Funds may invest in investment companies, including unit investment trusts, to the extent permitted under Rule 12d1-1, Rule 12d1-3, and Rule 12d1-4 under the 1940 Act, as applicable. An acquired fund in a fund of funds arrangement is subject to the limits of Rule 12d1-4 of the 1940 Act, and cannot invest more than 10% of its total assets in other funds, including private funds or other pooled investment vehicles that would qualify as "investment companies" under the 1940 Act but for Sections 3(c)(1) or 3(c)(7) of the 1940 Act.

*Effective September 1, 2025, in the section, "**Management of the Trust**," under "**Management Fee**," for the JNL/Franklin Templeton Income Fund, JNL/Neuberger Berman Gold Plus Strategy Fund, JNL/T. Rowe Price Capital Appreciation Fund, JNL/T. Rowe Price Capital Appreciation Equity Fund, JNL/T. Rowe Price Growth Stock Fund, JNL/T. Rowe Price Mid-Cap Growth Fund and JNL/T. Rowe Price Value Fund, please delete the table rows and corresponding endnotes in the entirety and replace with the following:* 

 

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Fund** | **Assets** | &nbsp;&nbsp;**Advisory Fee<br> (Annual Rate Based on Average Daily Net Assets of each Fund)** | &nbsp;&nbsp;**Aggregate Fee Paid to Adviser based on Average Daily Net Asset as of December 31, 2024** |
| &nbsp;&nbsp;JNL/Franklin Templeton Income Fund<sup>12</sup> | $0 to $200 million | .600% |  |
|  | $200 million to $500 million | .550% |  |
|  | $500 million to $3 billion | .500% |  |
|  | $3 billion to $5 billion | .490% |  |
|  | Over $5 billion | .480% | 0.53% |
| &nbsp;&nbsp;JNL/Neuberger Berman Gold Plus Strategy Fund<sup>13</sup> | $0 to $500 million | .750% |  |
|  | $500 million to $1 billion | .700% |  |
|  | $1 billion to $3 billion | .650% |  |
|  | $3 billion to $5 billion | .600% |  |
|  | Over $5 billion | .590% | 0.75% |
| &nbsp;&nbsp;JNL/T. Rowe Price Capital Appreciation Fund<sup>7,14</sup> | $0 to $500 million | .575% |  |
|  | $500 million to $1 billion | .550% |  |
|  | $1 billion to $3 billion | .530% |  |
|  | $3 billion to $5 billion | .520% |  |
|  | $5 billion to $10 billion | .510% |  |
|  | Over $10 billion | .500% | 0.52% |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Fund** | &nbsp;&nbsp;**Fund** | **Assets** | &nbsp;&nbsp;**Advisory Fee<br> (Annual Rate Based on Average Daily Net Assets of each Fund)** | &nbsp;&nbsp;**Aggregate Fee Paid to Adviser based on Average Daily Net Asset as of December 31, 2024** |
| &nbsp;&nbsp;JNL/T. Rowe Price Capital Appreciation Equity Fund<sup>3,7,15</sup> | &nbsp;&nbsp;JNL/T. Rowe Price Capital Appreciation Equity Fund<sup>3,7,15</sup> | $0 to $1 billion | .550% |  |
|  |  | $1 billion to $3 billion | .500% |  |
|  |  | $3 billion to $5 billion | .490% |  |
|  |  | Over $5 billion | .480% | 0.55% |
| &nbsp;&nbsp;JNL/T. Rowe Price Growth Stock Fund<sup>7,16</sup> | &nbsp;&nbsp;JNL/T. Rowe Price Growth Stock Fund<sup>7,16</sup> | $0 to $1 billion | .450% |  |
|  |  | $1 billion to $3 billion | .440% |  |
|  |  | $3 billion to $5 billion | .430% |  |
|  |  | Over $5 billion | .420% | 0.43% |
| &nbsp;&nbsp;JNL/T. Rowe Price Mid-Cap Growth Fund<sup>7,17</sup> | &nbsp;&nbsp;JNL/T. Rowe Price Mid-Cap Growth Fund<sup>7,17</sup> | $0 to $1 billion | .600% |  |
|  |  | $1 billion to $3 billion | .580% |  |
|  |  | Over $3 billion | .560% | 0.57% |
| &nbsp;&nbsp;JNL/T. Rowe Price Value Fund<sup>7,18</sup> | &nbsp;&nbsp;JNL/T. Rowe Price Value Fund<sup>7,18</sup> | $0 to $150 million | .550% |  |
|  |  | $150 million to $1 billion | .480% |  |
|  |  | $1 billion to $3 billion | .470% |  |
|  |  | $3 billion to $5 billion | .450% |  |
|  |  | Over $5 billion | .440% | 0.47% |
| <sup>3</sup> | The Fund commenced operations on October 21, 2024. |  |  |  |
| <sup>7</sup> | JNAM has contractually agreed to waive a portion of the Fund's management fee in an amount equal to 100% of the net advisory fees payable to an affiliate of T. Rowe Price attributable to the Fund's investment in funds managed by that affiliate. The waiver will have the effect of reducing the Acquired Fund Fees and Expenses that are indirectly borne by the Fund. The waiver will continue for at least one year from the date of this Prospectus, so long as the sub-advisory agreement remains in effect, and continue thereafter unless the Board of Trustees approves a change in or elimination of the waiver. The impact of this waiver was less than 0.01% for the previous fiscal year. | JNAM has contractually agreed to waive a portion of the Fund's management fee in an amount equal to 100% of the net advisory fees payable to an affiliate of T. Rowe Price attributable to the Fund's investment in funds managed by that affiliate. The waiver will have the effect of reducing the Acquired Fund Fees and Expenses that are indirectly borne by the Fund. The waiver will continue for at least one year from the date of this Prospectus, so long as the sub-advisory agreement remains in effect, and continue thereafter unless the Board of Trustees approves a change in or elimination of the waiver. The impact of this waiver was less than 0.01% for the previous fiscal year. | JNAM has contractually agreed to waive a portion of the Fund's management fee in an amount equal to 100% of the net advisory fees payable to an affiliate of T. Rowe Price attributable to the Fund's investment in funds managed by that affiliate. The waiver will have the effect of reducing the Acquired Fund Fees and Expenses that are indirectly borne by the Fund. The waiver will continue for at least one year from the date of this Prospectus, so long as the sub-advisory agreement remains in effect, and continue thereafter unless the Board of Trustees approves a change in or elimination of the waiver. The impact of this waiver was less than 0.01% for the previous fiscal year. | JNAM has contractually agreed to waive a portion of the Fund's management fee in an amount equal to 100% of the net advisory fees payable to an affiliate of T. Rowe Price attributable to the Fund's investment in funds managed by that affiliate. The waiver will have the effect of reducing the Acquired Fund Fees and Expenses that are indirectly borne by the Fund. The waiver will continue for at least one year from the date of this Prospectus, so long as the sub-advisory agreement remains in effect, and continue thereafter unless the Board of Trustees approves a change in or elimination of the waiver. The impact of this waiver was less than 0.01% for the previous fiscal year. |
| <sup>12</sup> | As of September 1, 2025, JNAM will voluntarily waive 0.050% of management fees on the Fund's assets up to $200 million and 0.025% on assets between $200 million and $500 million. There is no guarantee that JNAM will continue to provide the waiver in the future. | As of September 1, 2025, JNAM will voluntarily waive 0.050% of management fees on the Fund's assets up to $200 million and 0.025% on assets between $200 million and $500 million. There is no guarantee that JNAM will continue to provide the waiver in the future. | As of September 1, 2025, JNAM will voluntarily waive 0.050% of management fees on the Fund's assets up to $200 million and 0.025% on assets between $200 million and $500 million. There is no guarantee that JNAM will continue to provide the waiver in the future. | As of September 1, 2025, JNAM will voluntarily waive 0.050% of management fees on the Fund's assets up to $200 million and 0.025% on assets between $200 million and $500 million. There is no guarantee that JNAM will continue to provide the waiver in the future. |
| <sup>13</sup> | As of September 1, 2025, JNAM will voluntarily waive 0.100% of management fees on the Fund's assets up to $500 million and 0.050% on assets over $500 million. There is no guarantee that JNAM will continue to provide the waiver in the future. | As of September 1, 2025, JNAM will voluntarily waive 0.100% of management fees on the Fund's assets up to $500 million and 0.050% on assets over $500 million. There is no guarantee that JNAM will continue to provide the waiver in the future. | As of September 1, 2025, JNAM will voluntarily waive 0.100% of management fees on the Fund's assets up to $500 million and 0.050% on assets over $500 million. There is no guarantee that JNAM will continue to provide the waiver in the future. | As of September 1, 2025, JNAM will voluntarily waive 0.100% of management fees on the Fund's assets up to $500 million and 0.050% on assets over $500 million. There is no guarantee that JNAM will continue to provide the waiver in the future. |
| <sup>14</sup> | As of September 1, 2025, JNAM will voluntarily waive 0.010% of management fees on the Fund's assets over $1 billion. There is no guarantee that JNAM will continue to provide the waiver in the future. | As of September 1, 2025, JNAM will voluntarily waive 0.010% of management fees on the Fund's assets over $1 billion. There is no guarantee that JNAM will continue to provide the waiver in the future. | As of September 1, 2025, JNAM will voluntarily waive 0.010% of management fees on the Fund's assets over $1 billion. There is no guarantee that JNAM will continue to provide the waiver in the future. | As of September 1, 2025, JNAM will voluntarily waive 0.010% of management fees on the Fund's assets over $1 billion. There is no guarantee that JNAM will continue to provide the waiver in the future. |
| <sup>15</sup> | As of September 1, 2025, JNAM will voluntarily waive 0.030% of management fees on the Fund's assets. There is no guarantee that JNAM will continue to provide the waiver in the future. | As of September 1, 2025, JNAM will voluntarily waive 0.030% of management fees on the Fund's assets. There is no guarantee that JNAM will continue to provide the waiver in the future. | As of September 1, 2025, JNAM will voluntarily waive 0.030% of management fees on the Fund's assets. There is no guarantee that JNAM will continue to provide the waiver in the future. | As of September 1, 2025, JNAM will voluntarily waive 0.030% of management fees on the Fund's assets. There is no guarantee that JNAM will continue to provide the waiver in the future. |
| <sup>16</sup> | As of September 1, 2025, JNAM will voluntarily waive 0.010% of management fees on the Fund's assets over $10 billion. There is no guarantee that JNAM will continue to provide the waiver in the future. | As of September 1, 2025, JNAM will voluntarily waive 0.010% of management fees on the Fund's assets over $10 billion. There is no guarantee that JNAM will continue to provide the waiver in the future. | As of September 1, 2025, JNAM will voluntarily waive 0.010% of management fees on the Fund's assets over $10 billion. There is no guarantee that JNAM will continue to provide the waiver in the future. | As of September 1, 2025, JNAM will voluntarily waive 0.010% of management fees on the Fund's assets over $10 billion. There is no guarantee that JNAM will continue to provide the waiver in the future. |
| <sup>17</sup> | As of September 1, 2025, JNAM will voluntarily waive 0.030% of management fees on the Fund's assets up to $3 billion and 0.020% on assets over $3 billion. There is no guarantee that JNAM will continue to provide the waiver in the future | As of September 1, 2025, JNAM will voluntarily waive 0.030% of management fees on the Fund's assets up to $3 billion and 0.020% on assets over $3 billion. There is no guarantee that JNAM will continue to provide the waiver in the future | As of September 1, 2025, JNAM will voluntarily waive 0.030% of management fees on the Fund's assets up to $3 billion and 0.020% on assets over $3 billion. There is no guarantee that JNAM will continue to provide the waiver in the future | As of September 1, 2025, JNAM will voluntarily waive 0.030% of management fees on the Fund's assets up to $3 billion and 0.020% on assets over $3 billion. There is no guarantee that JNAM will continue to provide the waiver in the future |
| <sup>18</sup> | As of September 1, 2025, JNAM will voluntarily waive 0.070% of management fees on the Fund's assets up to $150 million, 0.030% on assets between $1 billion and $3 billion, and 0.20% on assets over $3 billion. There is no guarantee that JNAM will continue to provide the waiver in the future | As of September 1, 2025, JNAM will voluntarily waive 0.070% of management fees on the Fund's assets up to $150 million, 0.030% on assets between $1 billion and $3 billion, and 0.20% on assets over $3 billion. There is no guarantee that JNAM will continue to provide the waiver in the future | As of September 1, 2025, JNAM will voluntarily waive 0.070% of management fees on the Fund's assets up to $150 million, 0.030% on assets between $1 billion and $3 billion, and 0.20% on assets over $3 billion. There is no guarantee that JNAM will continue to provide the waiver in the future | As of September 1, 2025, JNAM will voluntarily waive 0.070% of management fees on the Fund's assets up to $150 million, 0.030% on assets between $1 billion and $3 billion, and 0.20% on assets over $3 billion. There is no guarantee that JNAM will continue to provide the waiver in the future |

---

 

*This Supplement is dated August 29, 2025.*

**Supplement Dated August 29, 2025**

**To The Statement of Additional Information**

**Dated April 28, 2025**

**JNL<sup>®</sup> Series Trust**

Please note that the changes below may impact your variable annuity and/or variable life product(s).

Unless otherwise noted, all changes are effective August 28, 2025.

*Please delete all references to and information for Baillie Gifford Overseas Limited.*

 

*Please delete all references to and information for Nuance Investments, LLC.*

 

*Effective August 1, 2025, for the JNL/T. Rowe Price Growth Stock Fund, please delete all references to and information for Joseph B. Fath.*

 

*Effective August 1, 2025, for the JNL/American Funds Global Growth Fund, please delete all references to and information for Roz Hongsaranagon.*

 

*Effective August 15, 2025, on page 142, in the section, "**Trustees and Officers of the Trust**," please delete the table rows for Garret J. Childs in the entirety and replace with the following:*

 

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Name, Address, and (Age)** | &nbsp;&nbsp; **Position(s) Held with Trust**<br> **(Length of Time Served)** |
| &nbsp;&nbsp; ****<br> **Officers**<br> **** | &nbsp;&nbsp; ****<br> **Officers**<br> **** |
| &nbsp;&nbsp; <br> Garett J. Childs (45)<br> 1 Corporate Way<br> Lansing, MI 48951<br>| &nbsp;&nbsp; <br> Vice President<br> (2/2019 to present) |
| &nbsp;&nbsp; **Principal Occupation(s) During Past 5 Years:**<br> Chief Financial Officer of JNAM (8/2021 to present); Vice President, Finance and Risk of JNAM (2/2019 to present); Manager, Board of Managers of Jackson National Life Distributors LLC (8/2025 to present); Controller of JNAM (11/2007 to 8/2021); Vice President of other investment companies advised by JNAM (11/2023 to present, 6/2023 to present, 2/2019 to present, and 2/2019 to 12/2020)  | &nbsp;&nbsp; **Principal Occupation(s) During Past 5 Years:**<br> Chief Financial Officer of JNAM (8/2021 to present); Vice President, Finance and Risk of JNAM (2/2019 to present); Manager, Board of Managers of Jackson National Life Distributors LLC (8/2025 to present); Controller of JNAM (11/2007 to 8/2021); Vice President of other investment companies advised by JNAM (11/2023 to present, 6/2023 to present, 2/2019 to present, and 2/2019 to 12/2020)  |

---

 

Effective May 13, 2025, on pages 256-257, in the section, "**Investment Adviser, Sub-Advisers and Other Service Providers**," for Lord, Abbett & Co. LLC, under "**Other Accounts Managed by the Portfolio Managers and Potential Conflicts of Interest**," please delete the table for the JNL/Lord Abbett Short Duration Income Fund in the entirety and replace with the following, which reflects information as of June 30, 2025:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | | | &nbsp;&nbsp;**Performance Fee Accounts** | &nbsp;&nbsp;**Performance Fee Accounts** |
| <br>&nbsp;&nbsp;**Portfolio<br> Manager** | <br>&nbsp;&nbsp;**Category of Account** | <br>&nbsp;&nbsp;**# of Accounts** | <br>&nbsp;&nbsp;**AUM** | &nbsp;&nbsp;**# of Accounts** | &nbsp;&nbsp;**AUM** |
| &nbsp;&nbsp;Andrew H. O'Brien, CFA | &nbsp;&nbsp;Other Registered Investment Companies | &nbsp;&nbsp;16 | &nbsp;&nbsp;$98.7 billion | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0 |
| &nbsp;&nbsp;Andrew H. O'Brien, CFA | &nbsp;&nbsp;Other Pooled Vehicles | &nbsp;&nbsp;8 | &nbsp;&nbsp;$11.2 billion | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0 |
| &nbsp;&nbsp;Andrew H. O'Brien, CFA | &nbsp;&nbsp;Other Accounts | &nbsp;&nbsp;23 | &nbsp;&nbsp;$2.6 billion | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | | | &nbsp;&nbsp;**Performance Fee Accounts** | &nbsp;&nbsp;**Performance Fee Accounts** |
| <br>&nbsp;&nbsp;**Portfolio<br> Manager** | <br>&nbsp;&nbsp;**Category of Account** | <br>&nbsp;&nbsp;**# of Accounts** | <br>&nbsp;&nbsp;**AUM** | &nbsp;&nbsp;**# of Accounts** | &nbsp;&nbsp;**AUM** |
| &nbsp;&nbsp;Robert A. Lee | &nbsp;&nbsp;Other Registered Investment Companies | &nbsp;&nbsp;19 | &nbsp;&nbsp;$99.2 billion | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0 |
| &nbsp;&nbsp;Robert A. Lee | &nbsp;&nbsp;Other Pooled Vehicles | &nbsp;&nbsp;11 | &nbsp;&nbsp;$11.3 billion | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0 |
| &nbsp;&nbsp;Robert A. Lee | &nbsp;&nbsp;Other Accounts | &nbsp;&nbsp;32 | &nbsp;&nbsp;$6.1 billion | &nbsp;&nbsp;2 | &nbsp;&nbsp;$1.6 billion |
| &nbsp;&nbsp;Steven F. Rocco, CFA | &nbsp;&nbsp;Other Registered Investment Companies | &nbsp;&nbsp;21 | &nbsp;&nbsp;$102.4 billion | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0 |
| &nbsp;&nbsp;Steven F. Rocco, CFA | &nbsp;&nbsp;Other Pooled Vehicles | &nbsp;&nbsp;13 | &nbsp;&nbsp;$11.1 billion | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0 |
| &nbsp;&nbsp;Steven F. Rocco, CFA | &nbsp;&nbsp;Other Accounts | &nbsp;&nbsp;11 | &nbsp;&nbsp;$3.7 billion | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0 |
| &nbsp;&nbsp;Adam C. Castle, CFA | &nbsp;&nbsp;Other Registered Investment Companies | &nbsp;&nbsp;14 | &nbsp;&nbsp;$74.8 billion | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0 |
| &nbsp;&nbsp;Adam C. Castle, CFA | &nbsp;&nbsp;Other Pooled Vehicles | &nbsp;&nbsp;7 | &nbsp;&nbsp;$10.7 billion | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0 |
| &nbsp;&nbsp;Adam C. Castle, CFA | &nbsp;&nbsp;Other Accounts | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0.0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0 |
| &nbsp;&nbsp;Harris A. Trifon | &nbsp;&nbsp;Other Registered Investment Companies | &nbsp;&nbsp;10 | &nbsp;&nbsp;$57.8 billion | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0 |
| &nbsp;&nbsp;Harris A. Trifon | &nbsp;&nbsp;Other Pooled Vehicles | &nbsp;&nbsp;4 | &nbsp;&nbsp;$8.2 billion | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0 |
| &nbsp;&nbsp;Harris A. Trifon | &nbsp;&nbsp;Other Accounts | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0.0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0 |
| &nbsp;&nbsp;Yoana N. Koleva, CFA | &nbsp;&nbsp;Other Registered Investment Companies | &nbsp;&nbsp;11 | &nbsp;&nbsp;$77.6 billion | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0 |
| &nbsp;&nbsp;Yoana N. Koleva, CFA | &nbsp;&nbsp;Other Pooled Vehicles | &nbsp;&nbsp;1 | &nbsp;&nbsp;$2 billion | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0 |
| &nbsp;&nbsp;Yoana N. Koleva, CFA | &nbsp;&nbsp;Other Accounts | &nbsp;&nbsp;1 | &nbsp;&nbsp;$82.8 million | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0 |
| &nbsp;&nbsp;Gregory Benz, CFA | &nbsp;&nbsp;Other Registered Investment Companies | &nbsp;&nbsp;6 | &nbsp;&nbsp;$52.8 billion | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0 |
| &nbsp;&nbsp;Gregory Benz, CFA | &nbsp;&nbsp;Other Pooled Vehicles | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0 |
| &nbsp;&nbsp;Gregory Benz, CFA | &nbsp;&nbsp;Other Accounts | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0 |
| &nbsp;&nbsp;Ty J. Kern | &nbsp;&nbsp;Other Registered Investment Companies | &nbsp;&nbsp;5 | &nbsp;&nbsp;$52.7 billion | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0 |
| &nbsp;&nbsp;Ty J. Kern | &nbsp;&nbsp;Other Pooled Vehicles | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0 |
| &nbsp;&nbsp;Ty J. Kern | &nbsp;&nbsp;Other Accounts | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0 |

---

Effective May 13, 2025, on pages 257-258, in the section, "**Investment Adviser, Sub-Advisers and Other Service Providers**," for Lord, Abbett & Co. LLC, under "**Security Ownership of Portfolio Managers**," please delete the table for the JNL/Lord Abbett Short Duration Income Fund, in the entirety and replace with the following:

Security Ownership of Portfolio Managers for the JNL/Lord Abbett Short Duration Income Fund as of June 30, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Security Ownership of Portfolio Managers** | &nbsp;&nbsp; <br> **None** | &nbsp;&nbsp;**$1-**<br> **$10000** | &nbsp;&nbsp;**$10001-**<br> **$50000** | &nbsp;&nbsp;**$50001-**<br> **$100000** | &nbsp;&nbsp;**$100001-**<br> **$500000** | &nbsp;&nbsp;**$500001-**<br> **$1000000** | &nbsp;&nbsp;**Over $1,000,000** |
| &nbsp;&nbsp;Andrew H. O'Brien, CFA | &nbsp;&nbsp;X |  |  |  |  |  |  |
| &nbsp;&nbsp;Robert A. Lee | &nbsp;&nbsp;X |  |  |  |  |  |  |
| &nbsp;&nbsp;Steven F. Rocco, CFA | &nbsp;&nbsp;X |  |  |  |  |  |  |
| &nbsp;&nbsp;Adam C. Castle, CFA | &nbsp;&nbsp;X |  |  |  |  |  |  |
| &nbsp;&nbsp;Harris A. Trifon | &nbsp;&nbsp;X |  |  |  |  |  |  |
| &nbsp;&nbsp;Yoana N. Koleva, CFA | &nbsp;&nbsp;X |  |  |  |  |  |  |
| &nbsp;&nbsp;Gregory Benz, CFA | &nbsp;&nbsp;X |  |  |  |  |  |  |
| &nbsp;&nbsp;Ty J. Kern | &nbsp;&nbsp;X |  |  |  |  |  |  |

---

 

*Effective August 29, 2025, on page 281, in the section, "**Investment Adviser, Sub-Advisers and Other Service Providers**," for River Road Asset Management, LLC, please delete the first paragraph in the entirety and replace with the following:*

River Road Asset Management, LLC ("River Road") is located at Meidinger Tower, 462 South Fourth Street, Suite 2000, Louisville, Kentucky 40202, serves as Co-Sub-Adviser to the JNL Multi-Manager Mid Cap Fund, JNL Multi-Manager Small Cap Value Fund and JNL Multi-Manager U.S. Select Equity Fund. River Road was founded in 2005. River Road is indirectly majority owned by Affiliated Managers Group, Inc., and members of River Road's senior management team hold a substantial minority equity interest in the firm.

Effective August 29, 2025, on page 282, in the section, "**Investment Adviser, Sub-Advisers and Other Service Providers**," for River Road Asset Management, LLC, under "**Other Accounts Managed by the Portfolio Managers and Potential Conflicts of Interest**," please delete the table for the JNL Multi-Manager Mid Cap Fund in the entirety and replace with following, which reflects information as of June 30, 2025:

 

JNL Multi-Manager Mid Cap Fund and JNL Multi-Manager U.S. Select Equity Fund

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | | | &nbsp;&nbsp;**Performance Fee Accounts** | &nbsp;&nbsp;**Performance Fee Accounts** |
| <br>&nbsp;&nbsp;**Portfolio<br> Manager** | <br>&nbsp;&nbsp;**Category of Account** | <br>&nbsp;&nbsp;**# of Accounts** | <br>&nbsp;&nbsp;**AUM** | &nbsp;&nbsp;**# of Accounts** | &nbsp;&nbsp;**AUM** |
| &nbsp;&nbsp;Matthew W. Moran, CFA | &nbsp;&nbsp;Other Registered Investment Companies | &nbsp;&nbsp;3 | &nbsp;&nbsp;$1.07 billion | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0 |
| &nbsp;&nbsp;Matthew W. Moran, CFA | &nbsp;&nbsp;Other Pooled Vehicles | &nbsp;&nbsp;2 | &nbsp;&nbsp;$122 million | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0 |
| &nbsp;&nbsp;Matthew W. Moran, CFA | &nbsp;&nbsp;Other Accounts | &nbsp;&nbsp;4 | &nbsp;&nbsp;$39 million | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0 |
| &nbsp;&nbsp;Daniel R. Johnson, CFA, CPA | &nbsp;&nbsp;Other Registered Investment Companies | &nbsp;&nbsp;3 | &nbsp;&nbsp;$1.07 billion | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0 |
| &nbsp;&nbsp;Daniel R. Johnson, CFA, CPA | &nbsp;&nbsp;Other Pooled Vehicles | &nbsp;&nbsp;2 | &nbsp;&nbsp;$122 million | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0 |
| &nbsp;&nbsp;Daniel R. Johnson, CFA, CPA | &nbsp;&nbsp;Other Accounts | &nbsp;&nbsp;4 | &nbsp;&nbsp;$39 million | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0 |

---

 

Effective August 29, 2025, on page 282, in the section, "**Investment Adviser, Sub-Advisers and Other Service Providers**," for River Road Asset Management, LLC, under "**Security Ownership of Portfolio Managers**," please delete the table for the JNL Multi-Manager Mid Cap Value Fund in the entirety and replace with the following:

Security Ownership of Portfolio Managers for the JNL Multi-Manager Mid Cap Fund and JNL Multi-Manager U.S. Select Equity Fund as of June 30, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Security Ownership of<br> Portfolio Managers** | &nbsp;&nbsp; <br> **None** | &nbsp;&nbsp;**$1-**<br> **$10000** | &nbsp;&nbsp;**$10001-**<br> **$50000** | &nbsp;&nbsp;**$50001-**<br> **$100000** | &nbsp;&nbsp;**$100001-**<br> **$500000** | &nbsp;&nbsp;**$500001-**<br> **$1000000** | &nbsp;&nbsp;**Over $1,000,000** |
| &nbsp;&nbsp;Matthew W. Moran, CFA | &nbsp;&nbsp;X |  |  |  |  |  |  |
| &nbsp;&nbsp;Daniel R. Johnson, CFA, CPA | &nbsp;&nbsp;X |  |  |  |  |  |  |

---

 

*On pages 289-290, in the section, "**Investment Adviser, Sub-Advisers and Other Service Providers**," for Victory Capital Management Inc., please delete the first paragraph in the entirety and replace with the following:*

 

Victory Capital Management Inc. ("Victory Capital"), located at 15935 La Cantera Parkway, San Antonio, Texas 78256, serves as a Co-Sub-Adviser to the JNL Multi-Manager Mid Cap Fund. Victory Capital is a diversified global asset manager comprised of multiple investment teams, referred to as investment franchises, each of which utilizes an independent approach to investing. The portfolio managers responsible for the day to day management of Victory Capital's portion of the JNL Multi-Manager Mid Cap Fund are members of Victory Capital's investment franchise, Sycamore Capital. Victory Capital is an indirect wholly-owned subsidiary of Victory Capital Holdings, Inc. ("VCH"), a publicly traded Delaware corporation.

*On page 291, in the section, "**Investment Adviser, Sub-Advisers and Other Service Providers**," for Victory Capital Management Inc., under "**Other Accounts Managed by the Portfolio Managers and Potential Conflicts of Interest**," please delete the table for the JNL Multi-Manager Small Cap Growth Fund.* 

 

*On page 291, in the section, "**Investment Adviser, Sub-Advisers and Other Service Providers**," for Victory Capital Management Inc., under "**Security Ownership of Portfolio Managers**," please delete the table for the JNL Multi-Manager Small Cap Growth Fund.*

 

*Effective August 1, 2025, on page 321, in the section, "**Investment Adviser, Sub-Advisers and Other Service Providers**," under "**Other Accounts Managed by AFIS Master Fund Portfolio Managers**," please delete the table for the AFIS Master Global Growth Fund in the entirety and replace with the following, which reflects information as of December 31, 2024:*

 

*AFIS Master Global Growth Fund* 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Portfolio Manager** | &nbsp;&nbsp; **Registered**<br> **Investment**<br> **Company**<br> **Accounts<sup>1</sup>** | &nbsp;&nbsp;**AUM**<br> **($ bil)<sup>1</sup>** | &nbsp;&nbsp;**Pooled**<br> **Accounts<sup>1</sup>** | &nbsp;&nbsp;**AUM**<br> **($ bil) <sup>1</sup>** | &nbsp;&nbsp;**Other**<br> **Accounts<sup>1,2</sup>** | &nbsp;&nbsp;**AUM**<br> **($ bil)<sup>1,2</sup>** |
| &nbsp;&nbsp;Patrice Collette | &nbsp;&nbsp;5 | &nbsp;&nbsp;$162.2 | &nbsp;&nbsp;5 | &nbsp;&nbsp;$20.33 | &nbsp;&nbsp;1 | &nbsp;&nbsp;$0.14 |
| &nbsp;&nbsp;Matt Hochstetler | &nbsp;&nbsp;7 | &nbsp;&nbsp;$70.2 | &nbsp;&nbsp;2 | &nbsp;&nbsp;$0.52 | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0 |
| &nbsp;&nbsp;Piyada Phanaphat | &nbsp;&nbsp;5 | &nbsp;&nbsp;$144.35 | &nbsp;&nbsp;2 | &nbsp;&nbsp;$0.52 | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0 |
| &nbsp;&nbsp;Barbara Burtin | &nbsp;&nbsp;5 | &nbsp;&nbsp;$172.0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;$22.90 | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0 |
| &nbsp;&nbsp;Jason B. Smith | &nbsp;&nbsp;1 | &nbsp;&nbsp;$5.8 | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0 |

---

 

 

*On pages 303-304, in the section entitled, "**Investment Adviser, Sub-Advisers and Other Service Providers**," under "**Sub-Advisory Fees**," for the JNL Multi-Manager International Small Cap Fund, JNL Multi-Manager Mid Cap Fund, JNL Multi-Manager Small Cap Growth Fund, and JNL Multi-Manager U.S. Select Equity Fund, please delete the table rows and corresponding endnotes in the entirety and replace with the following:* 

 

---

| | | | | |
|:---|:---|:---|:---|:---|
| | | | &nbsp;&nbsp;**Aggregate Fees Paid to Sub-Advisers** | &nbsp;&nbsp;**Aggregate Fees Paid to Sub-Advisers** |
| &nbsp;&nbsp;**Fund** | &nbsp;&nbsp;**Fund** | <br>&nbsp;&nbsp;**Co-Sub-Advisers** | &nbsp;&nbsp;**Dollar Amount** | &nbsp;&nbsp;**As a percentage of Average Daily Net Assets<br> as of December 31, 2024** |
| &nbsp;&nbsp;JNL Multi-Manager International Small Cap Fund | &nbsp;&nbsp;JNL Multi-Manager International Small Cap Fund | &nbsp;&nbsp;Causeway | &nbsp;&nbsp;$3785962 | &nbsp;&nbsp;0.56% |
|  |  | &nbsp;&nbsp;WCM<sup>4</sup> |  |  |
| &nbsp;&nbsp;JNL Multi-Manager Mid Cap Fund | &nbsp;&nbsp;JNL Multi-Manager Mid Cap Fund | &nbsp;&nbsp;Champlain | &nbsp;&nbsp;$5517494 | &nbsp;&nbsp;0.40% |
|  |  | &nbsp;&nbsp;Victory Capital |  |  |
|  |  | &nbsp;&nbsp;KAR<sup>8</sup> |  |  |
| &nbsp;&nbsp;JNL Multi-Manager Small Cap Growth Fund | &nbsp;&nbsp;JNL Multi-Manager Small Cap Growth Fund | &nbsp;&nbsp;GIM | &nbsp;&nbsp;$9553264 | &nbsp;&nbsp;0.41% |
|  |  | &nbsp;&nbsp;KAR |  |  |
|  |  | &nbsp;&nbsp;Victory Capital<sup>11</sup> |  |  |
|  |  | &nbsp;&nbsp;WCM<sup>4</sup> |  |  |
|  |  | &nbsp;&nbsp;BAMCO<sup>8</sup> |  |  |
|  |  | &nbsp;&nbsp;SBH<sup>8</sup> |  |  |
|  |  | &nbsp;&nbsp;Driehaus<sup>9</sup> |  |  |
| &nbsp;&nbsp;JNL Multi-Manager U.S. Select Equity Fund<sup>10</sup> | &nbsp;&nbsp;JNL Multi-Manager U.S. Select Equity Fund<sup>10</sup> | &nbsp;&nbsp;GQG | &nbsp;&nbsp;$2104460 | &nbsp;&nbsp;0.28% |
|  |  | &nbsp;&nbsp;River Road<sup>12</sup> |  |  |
|  |  | &nbsp;&nbsp;WCM<sup>4</sup> |  |  |
| <sup>4</sup> | Effective September 1, 2024, for the purpose of calculating the sub-advisory fee for the JNL Multi-Manager Emerging Markets Equity Fund, JNL Multi-Manager International Small Cap Fund, JNL Multi-Manager Small Cap Growth Fund, JNL Multi-Manager Small Cap Value Fund, JNL Multi-Manager U.S. Select Equity Fund (for the portion of assets managed by WCM), the JNL/WCM China Quality Growth Fund, and the JNL/WCM Focused International Equity Fund, the Sub-Adviser applies a fee discount to all eligible assets based on the average daily aggregate net assets of the listed funds. | Effective September 1, 2024, for the purpose of calculating the sub-advisory fee for the JNL Multi-Manager Emerging Markets Equity Fund, JNL Multi-Manager International Small Cap Fund, JNL Multi-Manager Small Cap Growth Fund, JNL Multi-Manager Small Cap Value Fund, JNL Multi-Manager U.S. Select Equity Fund (for the portion of assets managed by WCM), the JNL/WCM China Quality Growth Fund, and the JNL/WCM Focused International Equity Fund, the Sub-Adviser applies a fee discount to all eligible assets based on the average daily aggregate net assets of the listed funds. | Effective September 1, 2024, for the purpose of calculating the sub-advisory fee for the JNL Multi-Manager Emerging Markets Equity Fund, JNL Multi-Manager International Small Cap Fund, JNL Multi-Manager Small Cap Growth Fund, JNL Multi-Manager Small Cap Value Fund, JNL Multi-Manager U.S. Select Equity Fund (for the portion of assets managed by WCM), the JNL/WCM China Quality Growth Fund, and the JNL/WCM Focused International Equity Fund, the Sub-Adviser applies a fee discount to all eligible assets based on the average daily aggregate net assets of the listed funds. | Effective September 1, 2024, for the purpose of calculating the sub-advisory fee for the JNL Multi-Manager Emerging Markets Equity Fund, JNL Multi-Manager International Small Cap Fund, JNL Multi-Manager Small Cap Growth Fund, JNL Multi-Manager Small Cap Value Fund, JNL Multi-Manager U.S. Select Equity Fund (for the portion of assets managed by WCM), the JNL/WCM China Quality Growth Fund, and the JNL/WCM Focused International Equity Fund, the Sub-Adviser applies a fee discount to all eligible assets based on the average daily aggregate net assets of the listed funds. |
| <sup>8</sup> | Commenced as a Sub-Adviser to the Fund on April 25, 2022. | Commenced as a Sub-Adviser to the Fund on April 25, 2022. | Commenced as a Sub-Adviser to the Fund on April 25, 2022. | Commenced as a Sub-Adviser to the Fund on April 25, 2022. |
| <sup>9</sup> | Commenced as a Sub-Adviser to the Fund on October 21, 2024. | Commenced as a Sub-Adviser to the Fund on October 21, 2024. | Commenced as a Sub-Adviser to the Fund on October 21, 2024. | Commenced as a Sub-Adviser to the Fund on October 21, 2024. |
| <sup>11</sup> | Effective August 28, 2025, no longer a Sub-Adviser to the Fund. | Effective August 28, 2025, no longer a Sub-Adviser to the Fund. | Effective August 28, 2025, no longer a Sub-Adviser to the Fund. | Effective August 28, 2025, no longer a Sub-Adviser to the Fund. |
| <sup>12</sup> | Commenced as a Sub-Adviser to the Fund on August 29, 2025. | Commenced as a Sub-Adviser to the Fund on August 29, 2025. | Commenced as a Sub-Adviser to the Fund on August 29, 2025. | Commenced as a Sub-Adviser to the Fund on August 29, 2025. |

---

*This Supplement is dated August 29, 2025.*

(To be used with V3180 04/25 and V3180PROXY 04/25.)