Ex. 99.28(d)(1)(ix)
Amendment
to
Amended and Restated Investment
Advisory and Management Agreement
Between JNL Series Trust and
Jackson National Asset Management, LLC
This Amendment is made by and between JNL Series Trust, a Massachusetts business trust (the “Trust”) and Jackson National Asset Management, LLC, a Michigan limited liability company (the “Adviser”).
Whereas, the Trust and the Adviser (the “Parties”) entered into an Amended and Restated Investment Advisory and Management Agreement, effective as of the 13th day of September, 2021, as amended (the “Agreement”), whereby the Adviser agreed to provide certain investment advisory services to several separate series of shares (each a “Fund”) of the Trust, as listed on Schedule A of the Agreement.
Whereas, the Board of Trustees of the Trust (the “Board”) has approved (i) one new Fund of the Trust (the “New Fund”), (ii) mergers for eleven Funds of the Trust into other Funds of the Trust (each, a “Merged Fund” and together, the “Merged Funds”), (iii) fund name changes for six Funds of the Trust (the “Fund Name Changes”), and (iv) fee changes for sixteen Funds of the Trust (the “Fee Changes”), as outlined below, effective April 27, 2026; and the Parties have agreed to amend Schedule A and Schedule B of the Agreement to add the New Fund and the New Fund’s investment advisory fees, to remove or footnote, as applicable, each Merged Fund and each Merged Fund’s respective investment advisory fees, to update the names of certain Funds pursuant to the Fund Name Changes, and to update investment advisory fees for certain Funds pursuant to the Fee Changes, effective April 27, 2026.
New Fund
| 1) | JNL/PPM America Emerging Markets Debt Fund. |
Merged Funds
| 1) | JNL/American Funds® Capital World Bond Fund; |
| 2) | JNL/AB Sustainable Global Thematic Fund; |
| 3) | JNL/AQR Large Cap Defensive Style Fund; |
| 4) | JNL/Invesco Global Growth Fund; |
| 5) | JNL/JPMorgan Global Allocation Fund;* |
| 6) | JNL/Lazard International Quality Growth Fund; |
| 7) | JNL/Morningstar PitchBook Listed Private Equity Index Fund; |
| 8) | JNL/T. Rowe Price Balanced Fund;* |
| 9) | JNL/T. Rowe Price U.S. High Yield Fund; |
| 10) | JNL/WCM China Quality Growth Fund; and |
| 11) | JNL/WMC Global Real Estate Fund. |
| * These two funds will be footnoted in Schedule A to indicate that these funds will remain on the agreement until J.P. Morgan Investment Management Inc. and T. Rowe Price Associates, Inc., the respective sub-advisers to each fund, can exit certain securities that cannot be sold as of 04/27/2026, due to U.S. Government restrictions. |
Fund Name Changes
| 1) | JNL Multi-Manager U.S. Select Equity Fund change to JNL Multi-Manager Select Equity Fund; |
| 2) | JNL/American Funds® Global Small Capitalization Fund change to JNL Multi-Manager Global Small Cap Fund; |
| 3) | JNL/ClearBridge Large Cap Growth Fund change to JNL/Fidelity Institutional AM® & JPMorgan Large Cap Growth Fund; |
| 4) | JNL/Fidelity Institutional Asset Management® Total Bond Fund change to JNL/Fidelity Institutional AM® Total Bond Fund; |
| 5) | JNL/Invesco Diversified Dividend Fund change to JNL/MFS Equity Income Fund; and |
| 6) | JNL/William Blair International Leaders Fund change to JNL Multi-Manager International Equity Fund. |
-1-
Fee Changes
| 1) | JNL Multi-Manager Global Small Cap Fund (formerly, the JNL/American Funds® Global Small Capitalization Fund); |
| 2) | JNL Multi-Manager International Small Cap Fund; |
| 3) | JNL Multi-Manager Mid-Cap Fund; |
| 4) | JNL/BlackRock Global Allocation Fund; |
| 5) | JNL/Cohen & Steers U.S. Realty Fund; |
| 6) | JNL/Fidelity Institutional Asset Management® Total Bond Fund; |
| 7) | JNL/Franklin Templeton Income Fund; |
| 8) | JNL/Invesco Small Cap Growth Fund; |
| 9) | JNL/Loomis Sayles Global Growth Fund; |
| 10) | JNL/MFS Equity Income Fund (formerly, JNL/Invesco Diversified Dividend Fund); |
| 11) | JNL/Neuberger Berman Gold Plus Strategy Fund; |
| 12) | JNL/T. Rowe Price Capital Appreciation Equity Fund; |
| 13) | JNL/T. Rowe Price Capital Appreciation Fund; |
| 14) | JNL/T. Rowe Price Growth Stock Fund; |
| 15) | JNL/T. Rowe Price Mid-Cap Growth Fund; and |
| 16) | JNL/T. Rowe Price Value Fund. |
Now Therefore, in consideration of the mutual covenants herein contained, the Parties hereby agree to amend the Agreement as follows:
| 1) | Schedule A to the Agreement is hereby deleted and replaced, in its entirety, with Schedule A dated April 27, 2026, attached hereto. |
| 2) | Schedule B to the Agreement is hereby deleted and replaced, in its entirety, with Schedule B dated April 27, 2026, attached hereto. |
| 3) | Each of the Parties represents and warrants to the others that it has full authority to enter into this Amendment, upon the terms and conditions hereof, and that the individual executing this Amendment is duly authorized to bind the respective party to this Amendment. |
| 4) | This Amendment may be executed in one or more counterparts, which together shall constitute one document. |
In Witness Whereof, the Adviser and the Trust have caused this Amendment to be executed, effective April 27, 2026.
|
JNL Series Trust |
Jackson National Asset Management, LLC | ||||
| By: | /s/ Kristen K. Leeman | By: | /s/ Emily J. Bennett | ||
| Name: | Kristen K. Leeman | Name: | Emily J. Bennett | ||
| Title: | Assistant Secretary | Title: | VP and Deputy General Counsel | ||
-2-
Schedule A
Dated April 27, 2026
(List of Funds)
| Funds |
| JNL/American Funds® Balanced Fund |
| JNL/American Funds® Bond Fund of America Fund |
| JNL/American Funds® Capital Income Builder Fund |
| JNL/American Funds® Global Growth Fund |
| JNL/American Funds® Growth Fund |
| JNL/American Funds® Growth-Income Fund |
| JNL/American Funds® International Fund |
| JNL/American Funds® New World Fund |
| JNL/American Funds® Washington Mutual Investors Fund |
| JNL Aggressive Growth Allocation Fund |
| JNL Conservative Allocation Fund |
| JNL Growth Allocation Fund |
| JNL Growth ETF Allocation Fund |
| JNL Moderate Allocation Fund |
| JNL Moderate ETF Allocation Fund |
| JNL Moderate Growth Allocation Fund |
| JNL Moderate Growth ETF Allocation Fund |
| JNL Multi-Manager Alternative Fund |
| JNL Multi-Manager Emerging Markets Equity Fund |
| JNL Multi-Manager Floating Rate Income Fund |
| JNL Multi-Manager Global Small Cap Fund |
| JNL Multi-Manager International Equity Fund |
| JNL Multi-Manager International Small Cap Fund |
| JNL Multi-Manager Mid Cap Fund |
| JNL Multi-Manager Select Equity Fund |
| JNL Multi-Manager Small Cap Growth Fund |
| JNL Multi-Manager Small Cap Value Fund |
| JNL/American Funds® Growth Allocation Fund |
| JNL/American Funds® Moderate Allocation Fund |
| JNL/American Funds® Moderate Growth Allocation Fund |
| JNL/BlackRock Global Allocation Fund |
| JNL/BlackRock Global Natural Resources Fund |
| JNL/BlackRock Large Cap Select Growth Fund |
| JNL/Causeway International Value Select Fund |
| JNL/Cohen & Steers U.S. Realty Fund |
| JNL/DFA International Core Equity Fund |
| JNL/DFA U.S. Core Equity Fund |
| JNL/DFA U.S. Small Cap Fund |
| JNL/DoubleLine® Core Fixed Income Fund |
| JNL/DoubleLine® Emerging Markets Fixed Income Fund |
| JNL/DoubleLine® Shiller Enhanced CAPE® Fund |
| JNL/DoubleLine® Total Return Fund |
| JNL/Dreyfus Government Money Market Fund |
A-1
| Funds |
| JNL/Fidelity Institutional AM® & JPMorgan Large Cap Growth Fund |
| JNL/Fidelity Institutional AM® Total Bond Fund |
| JNL/First Sentier Global Infrastructure Fund |
| JNL/Franklin Templeton Income Fund |
| JNL/Goldman Sachs 4 Fund |
| JNL/GQG Emerging Markets Equity Fund |
| JNL/Invesco Small Cap Growth Fund |
| JNL/JPMorgan Global Allocation Fund* |
| JNL/JPMorgan Hedged Equity Fund |
| JNL/JPMorgan Managed Aggressive Growth Fund |
| JNL/JPMorgan Managed Conservative Fund |
| JNL/JPMorgan Managed Growth Fund |
| JNL/JPMorgan Managed Moderate Fund |
| JNL/JPMorgan Managed Moderate Growth Fund |
| JNL/JPMorgan MidCap Growth Fund |
| JNL/JPMorgan Nasdaq® Hedged Equity Fund |
| JNL/JPMorgan U.S. Government & Quality Bond Fund |
| JNL/JPMorgan U.S. Value Fund |
| JNL/Loomis Sayles Global Growth Fund |
| JNL/Lord Abbett Short Duration Income Fund |
| JNL/Mellon Bond Index Fund |
| JNL/Mellon Communication Services Sector Fund |
| JNL/Mellon Consumer Discretionary Sector Fund |
| JNL/Mellon Consumer Staples Sector Fund |
| JNL/Mellon DowSM Index Fund |
| JNL/Mellon Emerging Markets Index Fund |
| JNL/Mellon Energy Sector Fund |
| JNL/Mellon Financial Sector Fund |
| JNL/Mellon Healthcare Sector Fund |
| JNL/Mellon Industrials Sector Fund |
| JNL/Mellon Information Technology Sector Fund |
| JNL/Mellon International Index Fund |
| JNL/Mellon Materials Sector Fund |
| JNL/Mellon Nasdaq® 100 Index Fund |
| JNL/Mellon Real Estate Sector Fund |
| JNL/Mellon S&P 400 MidCap Index Fund |
| JNL/Mellon S&P 500 Index Fund |
| JNL S&P 500 Index Fund |
| JNL/Mellon Small Cap Index Fund |
| JNL/Mellon U.S. Stock Market Index Fund |
| JNL/Mellon Utilities Sector Fund |
| JNL/Mellon World Index Fund |
| JNL/Morningstar SMID Moat Focus Index Fund |
| JNL/Morningstar U.S. Sustainability Index Fund |
| JNL/Morningstar Wide Moat Index Fund |
| JNL/MFS Equity Income Fund |
A-2
| Funds |
| JNL/MFS Mid Cap Value Fund |
| JNL/Neuberger Berman Commodity Strategy Fund |
| JNL/Neuberger Berman Gold Plus Strategy Fund |
| JNL/Neuberger Berman Strategic Income Fund |
| JNL/Newton Equity Income Fund |
| JNL/PIMCO Income Fund |
| JNL/PIMCO Investment Grade Credit Bond Fund |
| JNL/PIMCO Real Return Fund |
| JNL/PPM America Emerging Markets Debt Fund |
| JNL/PPM America High Yield Bond Fund |
| JNL/PPM America Investment Grade Credit Fund |
| JNL/PPM America Total Return Fund |
| JNL/RAFI® Fundamental U.S. Small Cap Fund |
| JNL/RAFI® Multi-Factor U.S. Equity Fund |
| JNL/T. Rowe Price Balanced Fund* |
| JNL/T. Rowe Price Capital Appreciation Equity Fund |
| JNL/T. Rowe Price Capital Appreciation Fund |
| JNL/T. Rowe Price Growth Stock Fund |
| JNL/T. Rowe Price Mid-Cap Growth Fund |
| JNL/T. Rowe Price Short-Term Bond Fund |
| JNL/T. Rowe Price Value Fund |
| JNL/Vanguard Growth ETF Allocation Fund |
| JNL/Vanguard Moderate ETF Allocation Fund |
| JNL/Vanguard Moderate Growth ETF Allocation Fund |
| JNL/WCM Focused International Equity Fund |
| JNL/Westchester Capital Event Driven Fund |
| JNL/WMC Balanced Fund |
| JNL/WMC Equity Income Fund |
| JNL/WMC Value Fund |
| * These two funds will remain on the Agreement until J.P. Morgan Investment Management Inc. and T. Rowe Price Associates, Inc., the respective sub-advisers to each fund, can exit certain securities that cannot be sold as of 04/27/2026, due to U.S. Government restrictions. |
A-3
Schedule
B
Dated April 27, 2026
(Compensation)
| Fund | Assets | Advisory Fee (Annual Rate Based on Average Net Assets of each Fund) |
| JNL/American Funds® Balanced Fund | $0 to $500 million $500 million to $3 billion $3 billion to $5 billion Over $5 billion |
.550% .500% .490% .480% |
| JNL/American Funds® Bond Fund of America Fund | $0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.400% .375% .350% .340% |
| JNL/American Funds® Capital Income Builder Fund | $0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.525% .500% .490% .480% |
| JNL/American Funds® Global Growth Fund | $0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.650% .600% .590% .580% |
| JNL/American Funds® Growth Fund | $0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.650% .600% .590% .580% |
| JNL/American Funds® Growth-Income Fund | $0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.600% .550% .540% .530% |
| JNL/American Funds® International Fund | $0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.750% .700% .690% .680% |
| JNL/American Funds® New World Fund | $0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.950% .900% .890% .880% |
| JNL/American Funds® Washington Mutual Investors Fund | $0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.600% .550% .540% .530% |
| JNL Aggressive Growth Allocation Fund | $0 to $500 million $500 million to $3 billion $3 billion to $5 billion Over $5 billion |
.130% .080% .075% .070% |
| JNL Conservative Allocation Fund | $0 to $500 million $500 million to $3 billion $3 billion to $5 billion Over $5 billion |
.130% .080% .075% .070% |
| JNL Growth Allocation Fund | $0 to $500 million $500 million to $3 billion $3 billion to $5 billion Over $5 billion |
.130% .080% .075% .070% |
B-1
| Fund | Assets | Advisory Fee (Annual Rate Based on Average Net Assets of each Fund) |
| JNL Growth ETF Allocation Fund | $0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.200% .150% .140% .130% |
| JNL Moderate Allocation Fund | $0 to $500 million $500 million to $3 billion $3 billion to $5 billion Over $5 billion |
.130% .080% .075% .070% |
| JNL Moderate ETF Allocation Fund | $0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.200% .150% .140% .130% |
| JNL Moderate Growth Allocation Fund | $0 to $500 million $500 million to $3 billion $3 billion to $5 billion Over $5 billion |
.130% .080% .075% .070% |
| JNL Moderate Growth ETF Allocation Fund | $0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.200% .150% .140% .130% |
| JNL Multi-Manager Alternative Fund | $0 to $850 million $850 million to $3 billion $3 billion to $5 billion Over $5 billion |
1.200% 1.100% 1.090% 1.080% |
| JNL Multi-Manager Emerging Markets Equity Fund | $0 to $250 million $250 million to $3 billion $3 billion to $5 billion Over $5 billion |
.800% .750% .740% .730% |
| JNL Multi-Manager Floating Rate Income Fund | $0 to $500 million $500 million to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.500% .450% .425% .415% .405% |
| JNL Multi-Manager Global Small Cap Fund | All Assets
|
0% |
| JNL Multi-Manager International Equity Fund | $0 to $500 million $500 million to $2 billion $2 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.525% .500% .480% .470% .460% |
| JNL Multi-Manager International Small Cap Fund | $0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.740% .725% .715% .705% |
| JNL Multi-Manager Mid Cap Fund | $0 to $500 million $500 million to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.625% .600% .580% .570% .560% |
| JNL Multi-Manager Select Equity Fund | $0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.530% .500% .480% .460% |
B-2
| Fund | Assets | Advisory Fee (Annual Rate Based on Average Net Assets of each Fund) |
| JNL Multi-Manager Small Cap Growth Fund | $0 to $100 million $100 million to $500 million $500 million to $3 billion $3 billion to $5 billion Over $5 billion |
.650% .600% .550% .540% .530% |
| JNL Multi-Manager Small Cap Value Fund | $0 to $200 million $200 million to $500 million $500 million to $3 billion $3 billion to $5 billion Over $5 billion |
.750% .670% .650% .640% .630% |
| JNL/American Funds® Growth Allocation Fund | $0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.200% .175% .165% .155% |
| JNL/American Funds® Moderate Allocation Fund | $0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.200% .175% .165% .155% |
| JNL/American Funds® Moderate Growth Allocation Fund | $0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.200% .175% .165% .155% |
| JNL/BlackRock Global Allocation Fund | $0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.600% .560% .510% .500% |
| JNL/BlackRock Global Natural Resources Fund | $0 to $300 million $300 million to $ 1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.600% .500% .490% .480% .470% |
| JNL/BlackRock Large Cap Select Growth Fund | $0 to $150 million $150 million to $500 million $500 million to $750 million $750 million to $3 billion $3 billion to $5 billion Over $5 billion |
.600% .550% .500% .450% .440% .430% |
| JNL/Causeway International Value Select Fund | $0 to $500 million $500 million to $2 billion $2 billion to $5 billion Over $5 billion |
.550% .500% .470% .460% |
| JNL/Cohen & Steers U.S. Realty Fund | $0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.560% .530% .520% .510% |
| JNL/DFA International Core Equity Fund | $0 to $3 billion $3 billion to $5 billion Over $5 billion |
.450% .440% .430% |
| JNL/DFA U.S. Core Equity Fund | $0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.400% .375% .360% .350% |
B-3
| Fund | Assets | Advisory Fee (Annual Rate Based on Average Net Assets of each Fund) |
| JNL/DFA U.S. Small Cap Fund | $0 to $3 billion $3 billion to $5 billion Over $5 billion |
.530% .520% .510% |
| JNL/DoubleLine® Core Fixed Income Fund | $0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.390% .360% .350% .340% |
| JNL/DoubleLine® Emerging Markets Fixed Income Fund | $0 to $500 million $500 million to $3 billion $3 billion to $5 billion Over $5 billion |
.625% .600% .590% .580% |
| JNL/DoubleLine® Shiller Enhanced CAPE® Fund | $0 to $500 million $500 million to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over 5 billion |
.575% .550% .470% .460% .450% |
| JNL/DoubleLine® Total Return Fund | $0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.450% .400% .390% .380% |
| JNL/Dreyfus Government Money Market Fund | $0 to $500 million $500 million to $3 billion $3 billion to $5 billion Over $5 billion |
.180% .150% .140% .130% |
| JNL/Fidelity Institutional AM® & JPMorgan Large Cap Growth Fund | $0 to $1 billion $1 billion to $1.5 billion $1.5 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.500% .450% .440% .430% .420% |
| JNL/Fidelity Institutional AM® Total Bond Fund | $0 to $500 million $500 million to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.390% .365% .320% .310% .300% |
| JNL/First Sentier Global Infrastructure Fund | $0 to $500 million $500 million to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over 5 billion |
.700% .650% .610% .600% .590% |
| JNL/Franklin Templeton Income Fund | $0 to $200 million $200 million to $500 million $500 million to $3 billion $3 billion to $5 billion Over $5 billion |
.550% .525% .500% .490% .480% |
| JNL/Goldman Sachs 4 Fund | $0 to $500 million $500 million to $3 billion $3 billion to $5 billion Over $5 billion |
.300% .250% .240% .230% |
| JNL/GQG Emerging Markets Equity Fund | $0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.870% .850% .825% .815% |
B-4
| Fund | Assets | Advisory Fee (Annual Rate Based on Average Net Assets of each Fund) |
| JNL/Invesco Small Cap Growth Fund | $0 to $ 1billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.630% .610% .600% .590% |
| JNL/JPMorgan Hedged Equity Fund | $0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.500% .450% .440% .430% |
| JNL/JPMorgan Managed Aggressive Growth Fund | $0 to $500 million $500 million to $3 billion $3 billion to $5 billion Over $5 billion |
.130% .080% .075% .070% |
| JNL/JPMorgan Managed Conservative Fund | $0 to $500 million $500 million to $3 billion $3 billion to $5 billion Over $5 billion |
.130% .080% .075% .070% |
| JNL/JPMorgan Managed Growth Fund | $0 to $500 million $500 million to $3 billion $3 billion to $5 billion Over $5 billion |
.130% .080% .075% .070% |
| JNL/JPMorgan Managed Moderate Fund | $0 to $500 million $500 million to $3 billion $3 billion to $5 billion Over $5 billion |
.130% .080% .075% .070% |
| JNL/JPMorgan Managed Moderate Growth Fund | $0 to $500 million $500 million to $3 billion $3 billion to $5 billion Over $5 billion |
.130% .080% .075% .070% |
| JNL/JPMorgan MidCap Growth Fund | $0 to $250 million $250 million to $750 million $750 million to $1.5 billion $1.5 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.600% .550% .500% .450% .440% .430% |
| JNL/JPMorgan Nasdaq® Hedged Equity Fund | $0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.500% .450% .440% .430% |
| JNL/JPMorgan U.S. Government & Quality Bond Fund | $0 to $150 million $150 million to $300 million $300 million to $500 million $500 million to $3 billion $3 billion to $5 billion Over $5 billion |
.400% .350% .300% .250% .240% .230% |
| JNL/JPMorgan U.S. Value Fund | $0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.500% .450% .440% .430% |
| JNL/Loomis Sayles Global Growth Fund | $0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.530% .500% .490% .480% |
B-5
| Fund | Assets | Advisory Fee (Annual Rate Based on Average Net Assets of each Fund) |
| JNL/Lord Abbett Short Duration Income Fund | $0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.350% .300% .290% .280% |
| JNL/Mellon Bond Index Fund | $0 to $500 million $500 million to $750 million $750 million to $3 billion $3 billion to $5 billion Over $5 billion |
.180% .150% .140% .130% .120% |
| JNL/Mellon Communication Services Sector Fund | $0 to $50 million $50 million to $100 million $100 million to $750 million $750 million to $3 billion $3 billion to $5 billion Over $5 billion |
.240% .210% .180% .170% .160% .150% |
| JNL/Mellon Consumer Discretionary Sector Fund | $0 to $50 million $50 million to $100 million $100 million to $750 million $750 million to $3 billion $3 billion to $5 billion Over $5 billion |
.240% .210% .180% .170% .160% .150% |
| JNL/Mellon Consumer Staples Sector Fund | $0 to $50 million $50 million to $100 million $100 million to $750 million $750 million to $3 billion $3 billion to $5 billion Over $5 billion |
.240% .210% .180% .170% .160% .150% |
| JNL/Mellon DowSM Index Fund | $0 to $50 million $50 million to $100 million $100 million to $750 million $750 million to $3 billion $3 billion to $5 billion Over $5 billion |
.240% .210% .180% .170% .160% .150% |
| JNL/Mellon Emerging Markets Index Fund | $0 to $500 million $500 million to $750 million $750 million to $3 billion $3 billion to $5 billion Over $5 billion |
.300% .250% .200% .190% .180% |
| JNL/Mellon Energy Sector Fund | $0 to $50 million $50 million to $100 million $100 million to $750 million $750 million to $3 billion $3 billion to $5 billion Over $5 billion |
.240% .210% .180% .170% .160% .150% |
| JNL/Mellon Financial Sector Fund | $0 to $50 million $50 million to $100 million $100 million to $750 million $750 million to $3 billion $3 billion to $5 billion Over $5 billion |
.240% .210% .180% .170% .160% .150% |
| JNL/Mellon Healthcare Sector Fund | $0 to $50 million $50 million to $100 million $100 million to $750 million $750 million to $3 billion $3 billion to $5 billion Over $5 billion |
.240% .210% .180% .170% .160% .150% |
B-6
| Fund | Assets | Advisory Fee (Annual Rate Based on Average Net Assets of each Fund) |
| JNL/Mellon Industrials Sector Fund | $0 to $50 million $50 million to $100 million $100 million to $750 million $750 million to $3 billion $3 billion to $5 billion Over $5 billion |
.240% .210% .180% .170% .160% .150% |
| JNL/Mellon Information Technology Sector Fund | $0 to $50 million $50 million to $100 million $100 million to $750 million $750 million to $3 billion $3 billion to $5 billion Over $5 billion |
.240% .210% .180% .170% .160% .150% |
| JNL/Mellon International Index Fund | $0 to $500 million $500 million to $750 million $750 million to $3 billion $3 billion to $5 billion Over $5 billion |
.200% .150% .140% .130% .120% |
| JNL/Mellon Materials Sector Fund | $0 to $50 million $50 million to $100 million $100 million to $750 million $750 million to $3 billion $3 billion to $5 billion Over $5 billion |
.240% .210% .180% .170% .160% .150% |
| JNL/Mellon Nasdaq® 100 Index Fund | $0 to $50 million $50 million to $100 million $100 million to $750 million $750 million to $3 billion $3 billion to $5 billion Over 5 billion |
.240% .210% .180% .170% .160% .150% |
| JNL/Mellon Real Estate Sector Fund | $0 to $50 million $50 million to $100 million $100 million to $750 million $750 million to $3 billion $3 billion to $5 billion Over $5 billion |
.240% .210% .180% .170% .160% .150% |
| JNL/Mellon S&P 400 MidCap Index Fund | $0 to $500 million $500 million to $750 million $750 million to $3 billion $3 billion to $5 billion Over $5 billion |
.190% .140% .130% .120% .110% |
| JNL/Mellon S&P 500 Index Fund | $0 to $500 million $500 million to $750 million $750 million to $3 billion $3 billion to $5 billion Over $5 billion |
.170% .130% .120% .110% .090% |
| JNL S&P 500 Index Fund | $0-$1 billion $1 billion to $3 billion $3 to $5 billion Over $5 billion |
0.200% 0.175% 0.165% 0.155% |
| JNL/Mellon Small Cap Index Fund | $0 to $500 million $500 million to $750 million $750 million to $3 billion $3 billion to $5 billion Over $5 billion |
.190% .140% .130% .120% .110% |
B-7
| Fund | Assets | Advisory Fee (Annual Rate Based on Average Net Assets of each Fund) |
| JNL/Mellon U.S. Stock Market Index Fund | $0 to $1 billion $1 billion to $5 billion Over $5 billion |
.175% .150% .140% |
| JNL/Mellon Utilities Sector Fund | $0 to $50 million $50 million to $100 million $100 million to $750 million $750 million to $3 billion $3 billion to $5 billion Over $5 billion |
.240% .210% .180% .170% .160% .150% |
| JNL/Mellon World Index Fund | $0 to $50 million $50 million to $100 million $100 million to $750 million $750 million to $3 billion $3 billion to $5 billion Over $5 billion |
.240% .210% .180% .170% .160% .150% |
| JNL/Morningstar SMID Moat Focus Index Fund | $0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.200% .175% .165% .155% |
| JNL/Morningstar U.S. Sustainability Index Fund | $0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.250% .200% .190% .180% |
| JNL/Morningstar Wide Moat Index Fund | $0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.200% .175% .165% .155% |
| JNL/MFS Equity Income Fund | $0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.460% .420% .410% .400% |
| JNL/MFS Mid Cap Value Fund | $0 to $100 million $100 million to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.600% .550% .540% .530% .520% |
| JNL/Neuberger Berman Commodity Strategy Fund | $0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.450% .400% .390% .380% |
| JNL/Neuberger Berman Gold Plus Strategy Fund | $0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.650% .600% .550% .540% |
| JNL/Neuberger Berman Strategic Income Fund | $0 to $500 million $500 million to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.500% .450% .400% .390% .380% |
| JNL/Newton Equity Income Fund | $0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.440% .390% .380% .370% |
B-8
| Fund | Assets | Advisory Fee (Annual Rate Based on Average Net Assets of each Fund) |
| JNL/PIMCO Income Fund | $0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.500% .450% .440% .430% |
| JNL/PIMCO Investment Grade Credit Bond Fund | $0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.350% .300% .290% .280% |
| JNL/PIMCO Real Return Fund | $0 to $1 billion $1 billion to $2 billion $2 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.390% .375% .365% .355% .345% |
| JNL/PPM America Emerging Markets Debt Fund | $0 to $500 million $500 million to $3 billion $3 billion to $5 billion Over $5 billion |
.625% .600% .590% .580% |
| JNL/PPM America High Yield Bond Fund | $0 to $150 million $150 million to $500 million $500 million to $3 billion $3 billion to $5 billion Over $5 billion |
.400% .350% .325% .315% .305% |
| JNL/PPM America Investment Grade Credit Fund | $0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.375% .325% .315% .305% |
| JNL/PPM America Total Return Fund | $0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.400% .350% .340% .330% |
| JNL/RAFI® Fundamental U.S. Small Cap Fund | $0 to $750 million $750 million to $3 billion $3 billion to $5 billion Over $5 billion |
.180% .170% .160% .150% |
| JNL/RAFI® Multi-Factor U.S. Equity Fund | $0 to $750 million $750 million to $3 billion $3 billion to $5 billion Over $5 billion |
.180% .170% .160% .150% |
| JNL/T. Rowe Price Capital Appreciation Equity Fund | $0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.520% .470% .460% .450% |
| JNL/T. Rowe Price Capital Appreciation Fund | $0 to $500 million $500 million to $1 billion $1 billion to $3 billion $3 billion to $5 billion $5 billion to $10 billion Over $10 billion |
.575% .550% .520% .510% .500% .490% |
| JNL/T. Rowe Price Growth Stock Fund | $0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion $5 billion to $10 billion Over $10 billion |
.450% .440% .430% .420% .410% |
B-9
| Fund | Assets | Advisory Fee (Annual Rate Based on Average Net Assets of each Fund) |
| JNL/T. Rowe Price Mid-Cap Growth Fund | $0 to $1 billion $1 billion to $3 billion Over $3 billion |
.570% .550% .540% |
| JNL/T. Rowe Price Short-Term Bond Fund | $0 to $250 million $250 million to $1.5 billion $1.5 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.350% .300% .275% .265% .255% |
| JNL/T. Rowe Price Value Fund | $0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.480% .440% .430% .420% |
| JNL/Vanguard Growth ETF Allocation Fund | $0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.200% .175% .165% .155% |
| JNL/Vanguard Moderate ETF Allocation Fund | $0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.200% .175% .165% .155% |
| JNL/Vanguard Moderate Growth ETF Allocation Fund | $0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
.200% .175% .165% .155% |
| JNL/WCM Focused International Equity Fund | $0 to $500 million $500 million to $3 billion $3 billion to $5 billion Over $5 billion |
.680% .630% .620% .610% |
| JNL/Westchester Capital Event Driven Fund | $0 to $1 billion $1 billion to $3 billion $3 billion to $5 billion Over $5 billion |
1.050% .900% .890% .880% |
| JNL/WMC Balanced Fund | $0 to $50 million $50 million to $150 million $150 million to $300 million $300 million to $500 million $500 million to $3 billion $3 billion to $5 billion Over $5 billion |
.450% .400% .375% .350% .325% .315% .305% |
| JNL/WMC Equity Income Fund | $0 to $500 million $500 million - $1 billion Over $1 billion |
.440% .430% .420% |
| JNL/WMC Value Fund | $0 to $300 million $300 million to $500 million $500 million to $3 billion $3 billion to $5 billion Over $5 billion |
.450% .400% .350% .340% .330% |
B-10