JNL/Mellon S&P 400 MidCap Index A (JNL/Mellon S&P 400 MidCap Index) fond

The master fund invests at least 80% of its assets in the stocks in the S&P MidCap 400 Index in proportion to their market capitalization weighting in the S&P MidCap 400 Index. The advisor does not employ traditional methods of active investment management, which involves the buying and selling of securities based upon security analysis.