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Jnlny Separate Account I – ‘N-VPFS’ for 12/31/20

On:  Friday, 4/16/21, at 2:43pm ET   ·   Effective:  4/16/21   ·   For:  12/31/20   ·   Accession #:  1045032-21-76   ·   File #:  811-08401

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 4/16/21  Jnlny Separate Account I          N-VPFS     12/31/20    1:26M
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Financial Statements of a Variable Annuity/Life Contract   —   Form N-VPFS   —   ICA’40
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 1: N-VPFS      Financial Statements of a Variable Annuity/Life     HTML   6.40M 
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Document Table of Contents

Page (sequential)   (alphabetic) Top
 
11st Page  –  Filing Submission
183Report of Independent Registered Public Accounting Firm
"Balance Sheets
"Income Statements
"Statements of Comprehensive Income
"Statements of Equity
"Statements of Cash Flows
"Notes to Financial Statements

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JNLNY Separate Account I

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Financial Statements

December 31, 2020



                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL Aggressive Growth Allocation Fund - Class A

 

JNL Aggressive Growth Allocation Fund - Class I

 

JNL Conservative Allocation Fund - Class A

 

JNL Conservative Allocation Fund - Class I

 

JNL Growth Allocation Fund - Class A

 

JNL Growth Allocation Fund - Class I

 

JNL iShares Tactical Growth Fund - Class A

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments, at fair value

$

99,990,416

 

$

758,116

 

$

51,587,883

 

$

 

$

170,138,070

 

$

211,932

 

$

28,824,003

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

20,151

 

 

9

 

 

4,211

 

 

 

 

11,427

 

 

3

 

 

1,009

 

 

Investment Division units sold

 

2,924

 

 

 

 

 

 

 

 

1,009

 

 

 

 

 

Total assets

 

100,013,491

 

 

758,125

 

 

51,592,094

 

 

 

 

170,150,506

 

 

211,935

 

 

28,825,012

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

2,924

 

 

 

 

 

 

 

 

1,009

 

 

 

 

 

 

Investment Division units redeemed

 

16,381

 

 

 

 

2,552

 

 

 

 

5,069

 

 

 

 

155

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

3,770

 

 

9

 

 

1,659

 

 

 

 

6,358

 

 

3

 

 

854

 

Total liabilities

 

23,075

 

 

9

 

 

4,211

 

 

 

 

12,436

 

 

3

 

 

1,009

 

Net assets

$

99,990,416

 

$

758,116

 

$

51,587,883

 

$

 

$

170,138,070

 

$

211,932

 

$

28,824,003

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

5,861,103

 

 

44,000

 

 

3,716,706

 

 

 

 

9,672,431

 

 

11,933

 

 

1,848,878

 

Investments in Funds, at cost

$

69,776,721

 

$

685,928

 

$

45,690,730

 

$

 

$

117,113,671

 

$

160,077

 

$

24,609,615

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL Aggressive Growth Allocation Fund - Class A

 

JNL Aggressive Growth Allocation Fund - Class I

 

JNL Conservative Allocation Fund - Class A

 

JNL Conservative Allocation Fund - Class I

 

JNL Growth Allocation Fund - Class A

 

JNL Growth Allocation Fund - Class I

 

JNL iShares Tactical Growth Fund - Class A

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

 

$

 

$

483,439

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

1,172,746

 

 

1,112

 

 

501,993

 

 

9

 

 

2,025,733

 

 

717

 

 

275,565

 

Total expenses

 

1,172,746

 

 

1,112

 

 

501,993

 

 

9

 

 

2,025,733

 

 

717

 

 

275,565

 

Net investment income (loss)

 

(1,172,746

)

 

(1,112

)

 

(501,993

)

 

(9

)

 

(2,025,733

)

 

(717

)

 

207,874

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from investment companies

 

 

 

 

 

 

 

 

 

 

 

 

 

1,522,952

 

 

Investments

 

3,202,976

 

 

(19,737

)

 

653,632

 

 

5,594

 

 

5,037,299

 

 

235

 

 

173,516

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

10,630,951

 

 

41,275

 

 

2,985,788

 

 

(5,153

)

 

17,063,212

 

 

45,702

 

 

631,450

 

Net realized and unrealized gain (loss)

 

13,833,927

 

 

21,538

 

 

3,639,420

 

 

441

 

 

22,100,511

 

 

45,937

 

 

2,327,918

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

12,661,181

 

$

20,426

 

$

3,137,427

 

$

432

 

$

20,074,778

 

$

45,220

 

$

2,535,792

 

See Notes to the Financial Statements.

1


N-VPFS2nd “Page” of 183TOC1stPreviousNextBottomJust 2nd
                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL iShares Tactical Growth Fund - Class I

 

JNL iShares Tactical Moderate Fund - Class A

 

JNL iShares Tactical Moderate Fund - Class I

 

JNL iShares Tactical Moderate Growth Fund - Class A

 

JNL iShares Tactical Moderate Growth Fund - Class I

 

JNL Moderate Allocation Fund - Class A

 

JNL Moderate Allocation Fund - Class I

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments, at fair value

$

227,904

 

$

16,470,811

 

$

 

$

29,180,748

 

$

1,857,997

 

$

142,290,647

 

$

121,206

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

3

 

 

1,180

 

 

 

 

1,349

 

 

20

 

 

33,984

 

 

1

 

 

Investment Division units sold

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total assets

 

227,907

 

 

16,471,991

 

 

 

 

29,182,097

 

 

1,858,017

 

 

142,324,631

 

 

121,207

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment Division units redeemed

 

 

 

679

 

 

 

 

448

 

 

 

 

28,504

 

 

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

3

 

 

501

 

 

 

 

901

 

 

20

 

 

5,480

 

 

1

 

Total liabilities

 

3

 

 

1,180

 

 

 

 

1,349

 

 

20

 

 

33,984

 

 

1

 

Net assets

$

227,904

 

$

16,470,811

 

$

 

$

29,180,748

 

$

1,857,997

 

$

142,290,647

 

$

121,206

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

14,572

 

 

1,266,985

 

 

 

 

2,027,849

 

 

128,759

 

 

8,843,421

 

 

7,459

 

Investments in Funds, at cost

$

209,388

 

$

15,182,146

 

$

 

$

25,851,201

 

$

1,838,840

 

$

117,447,199

 

$

104,191

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL iShares Tactical Growth Fund - Class I

 

JNL iShares Tactical Moderate Fund - Class A

 

JNL iShares Tactical Moderate Fund - Class I

 

JNL iShares Tactical Moderate Growth Fund - Class A

 

JNL iShares Tactical Moderate Growth Fund - Class I

 

JNL Moderate Allocation Fund - Class A

 

JNL Moderate Allocation Fund - Class I

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

4,351

 

$

281,257

 

$

 

$

546,798

 

$

39,966

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

841

 

 

161,925

 

 

 

 

310,893

 

 

1,800

 

 

1,450,538

 

 

491

 

Total expenses

 

841

 

 

161,925

 

 

 

 

310,893

 

 

1,800

 

 

1,450,538

 

 

491

 

Net investment income (loss)

 

3,510

 

 

119,332

 

 

 

 

235,905

 

 

38,166

 

 

(1,450,538

)

 

(491

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from investment companies

 

11,947

 

 

517,723

 

 

 

 

1,418,261

 

 

90,788

 

 

 

 

 

 

Investments

 

5,194

 

 

128,121

 

 

 

 

813,628

 

 

245

 

 

2,051,286

 

 

35

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

10,507

 

 

365,270

 

 

 

 

73,885

 

 

18,274

 

 

18,664,325

 

 

12,363

 

Net realized and unrealized gain (loss)

 

27,648

 

 

1,011,114

 

 

 

 

2,305,774

 

 

109,307

 

 

20,715,611

 

 

12,398

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

31,158

 

$

1,130,446

 

$

 

$

2,541,679

 

$

147,473

 

$

19,265,073

 

$

11,907

 

See Notes to the Financial Statements.

2


N-VPFS3rd “Page” of 183TOC1stPreviousNextBottomJust 3rd
                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL Moderate Growth Allocation Fund - Class A

 

JNL Moderate Growth Allocation Fund - Class I

 

JNL Multi-Manager Alternative Fund - Class A

 

JNL Multi-Manager Alternative Fund - Class I

 

JNL Multi-Manager Emerging Markets Equity Fund - Class A

 

JNL Multi-Manager Emerging Markets Equity Fund - Class I

 

JNL Multi-Manager International Small Cap Fund - Class A

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments, at fair value

$

284,537,444

 

$

143,217

 

$

11,605,509

 

$

49,919

 

$

85,696,279

 

$

403,084

 

$

153,031

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

18,221

 

 

2

 

 

363

 

 

1

 

 

112,301

 

 

85

 

 

4

 

 

Investment Division units sold

 

4,523

 

 

 

 

29

 

 

 

 

13,852

 

 

 

 

 

Total assets

 

284,560,188

 

 

143,219

 

 

11,605,901

 

 

49,920

 

 

85,822,432

 

 

403,169

 

 

153,035

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

4,523

 

 

 

 

29

 

 

 

 

13,852

 

 

 

 

 

 

Investment Division units redeemed

 

7,239

 

 

 

 

31

 

 

 

 

108,990

 

 

80

 

 

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

10,982

 

 

2

 

 

332

 

 

1

 

 

3,311

 

 

5

 

 

4

 

Total liabilities

 

22,744

 

 

2

 

 

392

 

 

1

 

 

126,153

 

 

85

 

 

4

 

Net assets

$

284,537,444

 

$

143,217

 

$

11,605,509

 

$

49,919

 

$

85,696,279

 

$

403,084

 

$

153,031

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

16,485,368

 

 

8,217

 

 

1,009,175

 

 

4,307

 

 

7,504,052

 

 

35,173

 

 

11,121

 

Investments in Funds, at cost

$

216,580,602

 

$

124,902

 

$

10,183,820

 

$

47,119

 

$

63,528,711

 

$

342,164

 

$

122,241

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL Moderate Growth Allocation Fund - Class A

 

JNL Moderate Growth Allocation Fund - Class I

 

JNL Multi-Manager Alternative Fund - Class A

 

JNL Multi-Manager Alternative Fund - Class I(a)

 

JNL Multi-Manager Emerging Markets Equity Fund - Class A

 

JNL Multi-Manager Emerging Markets Equity Fund - Class I

 

JNL Multi-Manager International Small Cap Fund - Class A

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

950,581

 

$

4,273

 

$

2,423

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

3,127,466

 

 

1,077

 

 

85,530

 

 

88

 

 

861,933

 

 

1,139

 

 

1,319

 

Total expenses

 

3,127,466

 

 

1,077

 

 

85,530

 

 

88

 

 

861,933

 

 

1,139

 

 

1,319

 

Net investment income (loss)

 

(3,127,466

)

 

(1,077

)

 

(85,530

)

 

(88

)

 

88,648

 

 

3,134

 

 

1,104

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from investment companies

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments

 

6,257,138

 

 

12,429

 

 

147,199

 

 

5

 

 

958,810

 

 

(3,126

)

 

6,827

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

40,282,179

 

 

(6,929

)

 

1,318,695

 

 

2,800

 

 

20,346,930

 

 

48,934

 

 

13,853

 

Net realized and unrealized gain (loss)

 

46,539,317

 

 

5,500

 

 

1,465,894

 

 

2,805

 

 

21,305,740

 

 

45,808

 

 

20,680

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

43,411,851

 

$

4,423

 

$

1,380,364

 

$

2,717

 

$

21,394,388

 

$

48,942

 

$

21,784

 

  

(a)

The mutual fund's shares, as applicable, became available for investment by the Investment Division on April 27, 2020. The Statement of Operations is from April 27, 2020 through December 31, 2020.

See Notes to the Financial Statements.

3


N-VPFS4th “Page” of 183TOC1stPreviousNextBottomJust 4th
                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL Multi-Manager Mid Cap Fund - Class A

 

JNL Multi-Manager Mid Cap Fund - Class I

 

JNL Multi-Manager Small Cap Growth Fund - Class A

 

JNL Multi-Manager Small Cap Growth Fund - Class I

 

JNL Multi-Manager Small Cap Value Fund - Class A

 

JNL Multi-Manager Small Cap Value Fund - Class I

 

JNL S&P 500 Index Fund - Class I

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments, at fair value

$

18,086,545

 

$

581,085

 

$

180,836,196

 

$

1,469,318

 

$

58,133,969

 

$

45,838

 

$

11,635,805

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

964

 

 

86

 

 

78,465

 

 

103

 

 

62,700

 

 

1

 

 

147

 

 

Investment Division units sold

 

284

 

 

 

 

49,117

 

 

 

 

3,530

 

 

 

 

 

Total assets

 

18,087,793

 

 

581,171

 

 

180,963,778

 

 

1,469,421

 

 

58,200,199

 

 

45,839

 

 

11,635,952

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

284

 

 

 

 

49,117

 

 

 

 

3,530

 

 

 

 

 

 

Investment Division units redeemed

 

293

 

 

77

 

 

71,348

 

 

83

 

 

60,403

 

 

 

 

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

671

 

 

9

 

 

7,117

 

 

20

 

 

2,297

 

 

1

 

 

147

 

Total liabilities

 

1,248

 

 

86

 

 

127,582

 

 

103

 

 

66,230

 

 

1

 

 

147

 

Net assets

$

18,086,545

 

$

581,085

 

$

180,836,196

 

$

1,469,318

 

$

58,133,969

 

$

45,838

 

$

11,635,805

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

1,113,018

 

 

35,497

 

 

3,855,782

 

 

29,582

 

 

3,862,722

 

 

3,024

 

 

732,733

 

Investments in Funds, at cost

$

14,548,344

 

$

483,302

 

$

110,455,572

 

$

1,093,091

 

$

51,078,281

 

$

38,914

 

$

9,726,398

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL Multi-Manager Mid Cap Fund - Class A

 

JNL Multi-Manager Mid Cap Fund - Class I

 

JNL Multi-Manager Small Cap Growth Fund - Class A

 

JNL Multi-Manager Small Cap Growth Fund - Class I

 

JNL Multi-Manager Small Cap Value Fund - Class A

 

JNL Multi-Manager Small Cap Value Fund - Class I

 

JNL S&P 500 Index Fund - Class I

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

177,796

 

 

2,252

 

 

1,980,708

 

 

3,494

 

 

676,325

 

 

138

 

 

28,803

 

Total expenses

 

177,796

 

 

2,252

 

 

1,980,708

 

 

3,494

 

 

676,325

 

 

138

 

 

28,803

 

Net investment income (loss)

 

(177,796

)

 

(2,252

)

 

(1,980,708

)

 

(3,494

)

 

(676,325

)

 

(138

)

 

(28,803

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from investment companies

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments

 

128,854

 

 

177

 

 

8,803,853

 

 

14,271

 

 

(1,325,538

)

 

(13,687

)

 

221,498

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

2,004,427

 

 

71,606

 

 

47,585,896

 

 

345,055

 

 

5,067,873

 

 

7,995

 

 

1,423,312

 

Net realized and unrealized gain (loss)

 

2,133,281

 

 

71,783

 

 

56,389,749

 

 

359,326

 

 

3,742,335

 

 

(5,692

)

 

1,644,810

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

1,955,485

 

$

69,531

 

$

54,409,041

 

$

355,832

 

$

3,066,010

 

$

(5,830

)

$

1,616,007

 

See Notes to the Financial Statements.

4


N-VPFS5th “Page” of 183TOC1stPreviousNextBottomJust 5th
                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/American Funds Balanced Fund - Class A

 

JNL/American Funds Balanced Fund - Class I

 

JNL/American Funds Blue Chip Income and Growth Fund - Class A

 

JNL/American Funds Blue Chip Income and Growth Fund - Class I

 

JNL/American Funds Capital Income Builder Fund - Class A

 

JNL/American Funds Capital Income Builder Fund - Class I

 

JNL/American Funds Capital World Bond Fund - Class A

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments, at fair value

$

133,736,011

 

$

234,601

 

$

232,524,856

 

$

1,066,415

 

$

10,449,886

 

$

110,198

 

$

28,540,952

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

110,480

 

 

3

 

 

49,298

 

 

13

 

 

589

 

 

1

 

 

17,568

 

 

Investment Division units sold

 

258,491

 

 

 

 

65,424

 

 

 

 

8,197

 

 

 

 

3,000

 

Total assets

 

134,104,982

 

 

234,604

 

 

232,639,578

 

 

1,066,428

 

 

10,458,672

 

 

110,199

 

 

28,561,520

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

258,491

 

 

 

 

65,424

 

 

 

 

8,197

 

 

 

 

3,000

 

 

Investment Division units redeemed

 

105,181

 

 

 

 

39,554

 

 

 

 

200

 

 

 

 

16,409

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

5,299

 

 

3

 

 

9,744

 

 

13

 

 

389

 

 

1

 

 

1,159

 

Total liabilities

 

368,971

 

 

3

 

 

114,722

 

 

13

 

 

8,786

 

 

1

 

 

20,568

 

Net assets

$

133,736,011

 

$

234,601

 

$

232,524,856

 

$

1,066,415

 

$

10,449,886

 

$

110,198

 

$

28,540,952

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

9,593,688

 

 

16,157

 

 

8,807,760

 

 

39,600

 

 

909,477

 

 

9,516

 

 

2,303,547

 

Investments in Funds, at cost

$

111,976,955

 

$

193,450

 

$

169,247,815

 

$

980,485

 

$

9,562,662

 

$

99,964

 

$

25,221,164

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/American Funds Balanced Fund - Class A

 

JNL/American Funds Balanced Fund - Class I

 

JNL/American Funds Blue Chip Income and Growth Fund - Class A

 

JNL/American Funds Blue Chip Income and Growth Fund - Class I

 

JNL/American Funds Capital Income Builder Fund - Class A

 

JNL/American Funds Capital Income Builder Fund - Class I

 

JNL/American Funds Capital World Bond Fund - Class A

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

1,592,250

 

 

1,155

 

 

3,228,836

 

 

3,116

 

 

115,939

 

 

422

 

 

404,704

 

Total expenses

 

1,592,250

 

 

1,155

 

 

3,228,836

 

 

3,116

 

 

115,939

 

 

422

 

 

404,704

 

Net investment income (loss)

 

(1,592,250

)

 

(1,155

)

 

(3,228,836

)

 

(3,116

)

 

(115,939

)

 

(422

)

 

(404,704

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from investment companies

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments

 

2,533,848

 

 

845

 

 

12,002,331

 

 

47,158

 

 

28,318

 

 

(3

)

 

549,246

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

11,546,722

 

 

25,135

 

 

4,620,564

 

 

36,092

 

 

340,410

 

 

4,949

 

 

1,842,721

 

Net realized and unrealized gain (loss)

 

14,080,570

 

 

25,980

 

 

16,622,895

 

 

83,250

 

 

368,728

 

 

4,946

 

 

2,391,967

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

12,488,320

 

$

24,825

 

$

13,394,059

 

$

80,134

 

$

252,789

 

$

4,524

 

$

1,987,263

 

See Notes to the Financial Statements.

5


N-VPFS6th “Page” of 183TOC1stPreviousNextBottomJust 6th
                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/American Funds Capital World Bond Fund - Class I

 

JNL/American Funds Global Growth Fund - Class A

 

JNL/American Funds Global Growth Fund - Class I

 

JNL/American Funds Global Small Capitalization Fund - Class A

 

JNL/American Funds Global Small Capitalization Fund - Class I

 

JNL/American Funds Growth Allocation Fund - Class A

 

JNL/American Funds Growth Allocation Fund - Class I

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments, at fair value

$

51,239

 

$

47,529,865

 

$

390,043

 

$

53,109,003

 

$

190,939

 

$

181,999,921

 

$

621,566

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

1

 

 

22,330

 

 

7

 

 

90,560

 

 

3

 

 

44,202

 

 

8

 

 

Investment Division units sold

 

 

 

13,464

 

 

 

 

20,187

 

 

 

 

156,737

 

 

 

Total assets

 

51,240

 

 

47,565,659

 

 

390,050

 

 

53,219,750

 

 

190,942

 

 

182,200,860

 

 

621,574

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

 

 

13,464

 

 

 

 

20,187

 

 

 

 

156,737

 

 

 

 

Investment Division units redeemed

 

 

 

20,708

 

 

 

 

88,410

 

 

 

 

37,117

 

 

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

1

 

 

1,622

 

 

7

 

 

2,150

 

 

3

 

 

7,085

 

 

8

 

Total liabilities

 

1

 

 

35,794

 

 

7

 

 

110,747

 

 

3

 

 

200,939

 

 

8

 

Net assets

$

51,239

 

$

47,529,865

 

$

390,043

 

$

53,109,003

 

$

190,939

 

$

181,999,921

 

$

621,566

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

4,076

 

 

2,093,827

 

 

17,032

 

 

2,472,486

 

 

8,711

 

 

7,954,542

 

 

26,884

 

Investments in Funds, at cost

$

45,699

 

$

34,530,115

 

$

268,554

 

$

34,814,391

 

$

134,433

 

$

129,225,786

 

$

507,288

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/American Funds Capital World Bond Fund - Class I

 

JNL/American Funds Global Growth Fund - Class A

 

JNL/American Funds Global Growth Fund - Class I

 

JNL/American Funds Global Small Capitalization Fund - Class A

 

JNL/American Funds Global Small Capitalization Fund - Class I

 

JNL/American Funds Growth Allocation Fund - Class A

 

JNL/American Funds Growth Allocation Fund - Class I

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

240

 

 

420,057

 

 

2,305

 

 

631,528

 

 

684

 

 

2,081,912

 

 

1,687

 

Total expenses

 

240

 

 

420,057

 

 

2,305

 

 

631,528

 

 

684

 

 

2,081,912

 

 

1,687

 

Net investment income (loss)

 

(240

)

 

(420,057

)

 

(2,305

)

 

(631,528

)

 

(684

)

 

(2,081,912

)

 

(1,687

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from investment companies

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments

 

2,009

 

 

2,023,649

 

 

25,270

 

 

1,920,084

 

 

(1,595

)

 

7,011,077

 

 

7,453

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

3,953

 

 

8,120,086

 

 

79,730

 

 

10,118,988

 

 

41,302

 

 

22,556,999

 

 

104,592

 

Net realized and unrealized gain (loss)

 

5,962

 

 

10,143,735

 

 

105,000

 

 

12,039,072

 

 

39,707

 

 

29,568,076

 

 

112,045

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

5,722

 

$

9,723,678

 

$

102,695

 

$

11,407,544

 

$

39,023

 

$

27,486,164

 

$

110,358

 

See Notes to the Financial Statements.

6


N-VPFS7th “Page” of 183TOC1stPreviousNextBottomJust 7th
                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/American Funds Growth Fund - Class A

 

JNL/American Funds Growth Fund - Class I

 

JNL/American Funds Growth-Income Fund - Class A

 

JNL/American Funds Growth-Income Fund - Class I

 

JNL/American Funds International Fund - Class A

 

JNL/American Funds International Fund - Class I

 

JNL/American Funds Moderate Growth Allocation Fund - Class A

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments, at fair value

$

196,509,722

 

$

1,166,360

 

$

463,054,557

 

$

3,251,883

 

$

105,765,891

 

$

339,688

 

$

163,117,451

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

507,744

 

 

285

 

 

82,166

 

 

239

 

 

13,357

 

 

4

 

 

16,947

 

 

Investment Division units sold

 

475,280

 

 

 

 

236,810

 

 

 

 

87,639

 

 

 

 

41,023

 

Total assets

 

197,492,746

 

 

1,166,645

 

 

463,373,533

 

 

3,252,122

 

 

105,866,887

 

 

339,692

 

 

163,175,421

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

475,280

 

 

 

 

236,810

 

 

 

 

87,639

 

 

 

 

41,023

 

 

Investment Division units redeemed

 

500,696

 

 

270

 

 

64,375

 

 

197

 

 

9,225

 

 

 

 

10,574

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

7,048

 

 

15

 

 

17,791

 

 

42

 

 

4,132

 

 

4

 

 

6,373

 

Total liabilities

 

983,024

 

 

285

 

 

318,976

 

 

239

 

 

100,996

 

 

4

 

 

57,970

 

Net assets

$

196,509,722

 

$

1,166,360

 

$

463,054,557

 

$

3,251,883

 

$

105,765,891

 

$

339,688

 

$

163,117,451

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

4,661,047

 

 

27,379

 

 

14,980,736

 

 

103,136

 

 

6,012,842

 

 

18,966

 

 

8,246,585

 

Investments in Funds, at cost

$

134,635,668

 

$

892,063

 

$

317,981,094

 

$

2,800,475

 

$

80,948,064

 

$

282,016

 

$

117,352,002

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/American Funds Growth Fund - Class A

 

JNL/American Funds Growth Fund - Class I

 

JNL/American Funds Growth-Income Fund - Class A

 

JNL/American Funds Growth-Income Fund - Class I

 

JNL/American Funds International Fund - Class A

 

JNL/American Funds International Fund - Class I

 

JNL/American Funds Moderate Growth Allocation Fund - Class A

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

1,584,068

 

 

2,815

 

 

5,763,662

 

 

9,366

 

 

1,333,513

 

 

1,242

 

 

2,100,949

 

Total expenses

 

1,584,068

 

 

2,815

 

 

5,763,662

 

 

9,366

 

 

1,333,513

 

 

1,242

 

 

2,100,949

 

Net investment income (loss)

 

(1,584,068

)

 

(2,815

)

 

(5,763,662

)

 

(9,366

)

 

(1,333,513

)

 

(1,242

)

 

(2,100,949

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from investment companies

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments

 

12,639,096

 

 

60,619

 

 

24,980,039

 

 

102,203

 

 

1,792,362

 

 

3,188

 

 

6,899,240

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

43,936,350

 

 

226,550

 

 

26,453,076

 

 

261,114

 

 

10,052,488

 

 

37,019

 

 

17,174,737

 

Net realized and unrealized gain (loss)

 

56,575,446

 

 

287,169

 

 

51,433,115

 

 

363,317

 

 

11,844,850

 

 

40,207

 

 

24,073,977

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

54,991,378

 

$

284,354

 

$

45,669,453

 

$

353,951

 

$

10,511,337

 

$

38,965

 

$

21,973,028

 

See Notes to the Financial Statements.

7


N-VPFS8th “Page” of 183TOC1stPreviousNextBottomJust 8th
                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/American Funds Moderate Growth Allocation Fund - Class I

 

JNL/American Funds New World Fund - Class A

 

JNL/American Funds New World Fund - Class I

 

JNL/AQR Large Cap Defensive Style Fund - Class A

 

JNL/AQR Large Cap Defensive Style Fund - Class I

 

JNL/AQR Large Cap Relaxed Constraint Equity Fund - Class A

 

JNL/AQR Large Cap Relaxed Constraint Equity Fund - Class I

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments, at fair value

$

854,400

 

$

92,284,486

 

$

632,197

 

$

5,789,283

 

$

29,284

 

$

29,956,061

 

$

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

13

 

 

81,373

 

 

8

 

 

718

 

 

 

 

3,836

 

 

 

 

Investment Division units sold

 

 

 

39,250

 

 

 

 

 

 

 

 

4,017

 

 

 

Total assets

 

854,413

 

 

92,405,109

 

 

632,205

 

 

5,790,001

 

 

29,284

 

 

29,963,914

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

 

 

39,250

 

 

 

 

 

 

 

 

4,017

 

 

 

 

Investment Division units redeemed

 

 

 

77,602

 

 

 

 

496

 

 

 

 

2,607

 

 

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

13

 

 

3,771

 

 

8

 

 

222

 

 

 

 

1,229

 

 

 

Total liabilities

 

13

 

 

120,623

 

 

8

 

 

718

 

 

 

 

7,853

 

 

 

Net assets

$

854,400

 

$

92,284,486

 

$

632,197

 

$

5,789,283

 

$

29,284

 

$

29,956,061

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

42,763

 

 

5,207,928

 

 

35,103

 

 

484,054

 

 

2,438

 

 

2,001,073

 

 

 

Investments in Funds, at cost

$

793,948

 

$

64,658,516

 

$

449,260

 

$

4,914,369

 

$

26,479

 

$

23,042,992

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/American Funds Moderate Growth Allocation Fund - Class I

 

JNL/American Funds New World Fund - Class A

 

JNL/American Funds New World Fund - Class I

 

JNL/AQR Large Cap Defensive Style Fund - Class A

 

JNL/AQR Large Cap Defensive Style Fund - Class I

 

JNL/AQR Large Cap Relaxed Constraint Equity Fund - Class A

 

JNL/AQR Large Cap Relaxed Constraint Equity Fund - Class I

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

1,043

 

 

1,142,598

 

 

2,378

 

 

62,164

 

 

113

 

 

437,672

 

 

 

Total expenses

 

1,043

 

 

1,142,598

 

 

2,378

 

 

62,164

 

 

113

 

 

437,672

 

 

 

Net investment income (loss)

 

(1,043

)

 

(1,142,598

)

 

(2,378

)

 

(62,164

)

 

(113

)

 

(437,672

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from investment companies

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments

 

174

 

 

3,252,077

 

 

15,716

 

 

116,471

 

 

(3

)

 

1,087,856

 

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

58,219

 

 

13,937,036

 

 

145,755

 

 

707,121

 

 

2,805

 

 

1,831,201

 

 

 

Net realized and unrealized gain (loss)

 

58,393

 

 

17,189,113

 

 

161,471

 

 

823,592

 

 

2,802

 

 

2,919,057

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

57,350

 

$

16,046,515

 

$

159,093

 

$

761,428

 

$

2,689

 

$

2,481,385

 

$

 

See Notes to the Financial Statements.

8


N-VPFS9th “Page” of 183TOC1stPreviousNextBottomJust 9th
                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/AQR Managed Futures Strategy Fund - Class A

 

JNL/BlackRock Advantage International Fund - Class A

 

JNL/BlackRock Advantage International Fund - Class I

 

JNL/BlackRock Global Allocation Fund - Class A

 

JNL/BlackRock Global Allocation Fund - Class I

 

JNL/BlackRock Global Natural Resources Fund - Class A

 

JNL/BlackRock Global Natural Resources Fund - Class I

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments, at fair value

$

6,845,315

 

$

966,529

 

$

35,731

 

$

184,147,679

 

$

97,193

 

$

46,862,394

 

$

283

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

257

 

 

38

 

 

 

 

24,249

 

 

2

 

 

10,660

 

 

 

 

Investment Division units sold

 

 

 

 

 

 

 

29,500

 

 

 

 

6,899

 

 

 

Total assets

 

6,845,572

 

 

966,567

 

 

35,731

 

 

184,201,428

 

 

97,195

 

 

46,879,953

 

 

283

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

 

 

 

 

 

 

29,500

 

 

 

 

6,899

 

 

 

 

Investment Division units redeemed

 

61

 

 

 

 

 

 

17,167

 

 

 

 

8,902

 

 

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

196

 

 

38

 

 

 

 

7,082

 

 

2

 

 

1,758

 

 

 

Total liabilities

 

257

 

 

38

 

 

 

 

53,749

 

 

2

 

 

17,559

 

 

 

Net assets

$

6,845,315

 

$

966,529

 

$

35,731

 

$

184,147,679

 

$

97,193

 

$

46,862,394

 

$

283

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

918,834

 

 

86,220

 

 

3,179

 

 

11,588,904

 

 

6,029

 

 

5,513,223

 

 

33

 

Investments in Funds, at cost

$

8,069,607

 

$

843,457

 

$

30,868

 

$

139,043,678

 

$

74,677

 

$

44,262,220

 

$

226

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/AQR Managed Futures Strategy Fund - Class A

 

JNL/BlackRock Advantage International Fund - Class A

 

JNL/BlackRock Advantage International Fund - Class I

 

JNL/BlackRock Global Allocation Fund - Class A

 

JNL/BlackRock Global Allocation Fund - Class I

 

JNL/BlackRock Global Natural Resources Fund - Class A

 

JNL/BlackRock Global Natural Resources Fund - Class I

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

2,402

 

$

149

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

79,945

 

 

5,995

 

 

88

 

 

2,356,600

 

 

547

 

 

528,914

 

 

1

 

Total expenses

 

79,945

 

 

5,995

 

 

88

 

 

2,356,600

 

 

547

 

 

528,914

 

 

1

 

Net investment income (loss)

 

(79,945

)

 

(3,593

)

 

61

 

 

(2,356,600

)

 

(547

)

 

(528,914

)

 

(1

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from investment companies

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments

 

(834,787

)

 

5,419

 

 

(2

)

 

3,982,888

 

 

16

 

 

(2,231,404

)

 

215

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

714,928

 

 

117,436

 

 

4,581

 

 

25,095,886

 

 

15,343

 

 

5,964,060

 

 

57

 

Net realized and unrealized gain (loss)

 

(119,859

)

 

122,855

 

 

4,579

 

 

29,078,774

 

 

15,359

 

 

3,732,656

 

 

272

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

(199,804

)

$

119,262

 

$

4,640

 

$

26,722,174

 

$

14,812

 

$

3,203,742

 

$

271

 

See Notes to the Financial Statements.

9


N-VPFS10th “Page” of 183TOC1stPreviousNextBottomJust 10th
                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/BlackRock Large Cap Select Growth Fund - Class A

 

JNL/BlackRock Large Cap Select Growth Fund - Class I

 

JNL/Boston Partners Global Long Short Equity Fund - Class A

 

JNL/Boston Partners Global Long Short Equity Fund - Class I

 

JNL/Causeway International Value Select Fund - Class A

 

JNL/Causeway International Value Select Fund - Class I

 

JNL/ClearBridge Large Cap Growth Fund - Class A

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments, at fair value

$

342,587,667

 

$

2,333,313

 

$

2,865,064

 

$

125,098

 

$

42,355,666

 

$

47,536

 

$

47,829,286

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

357,618

 

 

373

 

 

96

 

 

2

 

 

3,737

 

 

1

 

 

3,137

 

 

Investment Division units sold

 

192,661

 

 

 

 

 

 

 

 

10,771

 

 

 

 

41,282

 

Total assets

 

343,137,946

 

 

2,333,686

 

 

2,865,160

 

 

125,100

 

 

42,370,174

 

 

47,537

 

 

47,873,705

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

192,661

 

 

 

 

 

 

 

 

10,771

 

 

 

 

41,282

 

 

Investment Division units redeemed

 

344,037

 

 

342

 

 

 

 

 

 

2,038

 

 

 

 

1,329

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

13,581

 

 

31

 

 

96

 

 

2

 

 

1,699

 

 

1

 

 

1,808

 

Total liabilities

 

550,279

 

 

373

 

 

96

 

 

2

 

 

14,508

 

 

1

 

 

44,419

 

Net assets

$

342,587,667

 

$

2,333,313

 

$

2,865,064

 

$

125,098

 

$

42,355,666

 

$

47,536

 

$

47,829,286

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

5,503,416

 

 

35,694

 

 

282,272

 

 

12,193

 

 

2,741,467

 

 

2,990

 

 

2,570,085

 

Investments in Funds, at cost

$

218,806,415

 

$

1,874,972

 

$

2,731,361

 

$

123,157

 

$

40,521,184

 

$

44,004

 

$

36,663,743

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/BlackRock Large Cap Select Growth Fund - Class A

 

JNL/BlackRock Large Cap Select Growth Fund - Class I

 

JNL/Boston Partners Global Long Short Equity Fund - Class A

 

JNL/Boston Partners Global Long Short Equity Fund - Class I

 

JNL/Causeway International Value Select Fund - Class A

 

JNL/Causeway International Value Select Fund - Class I

 

JNL/ClearBridge Large Cap Growth Fund - Class A

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

1,647,925

 

$

1,954

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

4,040,937

 

 

6,481

 

 

29,557

 

 

382

 

 

507,336

 

 

239

 

 

492,509

 

Total expenses

 

4,040,937

 

 

6,481

 

 

29,557

 

 

382

 

 

507,336

 

 

239

 

 

492,509

 

Net investment income (loss)

 

(4,040,937

)

 

(6,481

)

 

(29,557

)

 

(382

)

 

1,140,589

 

 

1,715

 

 

(492,509

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from investment companies

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments

 

22,626,234

 

 

60,245

 

 

(100,885

)

 

(169

)

 

(1,505,211

)

 

(2,638

)

 

1,866,914

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

68,459,816

 

 

381,482

 

 

146,612

 

 

5,233

 

 

1,956,531

 

 

3,931

 

 

8,631,017

 

Net realized and unrealized gain (loss)

 

91,086,050

 

 

441,727

 

 

45,727

 

 

5,064

 

 

451,320

 

 

1,293

 

 

10,497,931

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

87,045,113

 

$

435,246

 

$

16,170

 

$

4,682

 

$

1,591,909

 

$

3,008

 

$

10,005,422

 

See Notes to the Financial Statements.

10


N-VPFS11th “Page” of 183TOC1stPreviousNextBottomJust 11th
                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/ClearBridge Large Cap Growth Fund - Class I

 

JNL/DFA Growth Allocation Fund - Class A

 

JNL/DFA Growth Allocation Fund - Class I

 

JNL/DFA International Core Equity Fund - Class A

 

JNL/DFA International Core Equity Fund - Class I

 

JNL/DFA Moderate Growth Allocation Fund - Class A

 

JNL/DFA Moderate Growth Allocation Fund - Class I

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments, at fair value

$

649,808

 

$

15,980,925

 

$

51,272

 

$

1,713,795

 

$

74,023

 

$

12,667,236

 

$

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

9

 

 

6,330

 

 

1

 

 

59

 

 

1

 

 

567

 

 

 

 

Investment Division units sold

 

 

 

4,954

 

 

 

 

 

 

 

 

 

 

 

Total assets

 

649,817

 

 

15,992,209

 

 

51,273

 

 

1,713,854

 

 

74,024

 

 

12,667,803

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

 

 

4,954

 

 

 

 

 

 

 

 

 

 

 

 

Investment Division units redeemed

 

 

 

5,747

 

 

 

 

 

 

 

 

106

 

 

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

9

 

 

583

 

 

1

 

 

59

 

 

1

 

 

461

 

 

 

Total liabilities

 

9

 

 

11,284

 

 

1

 

 

59

 

 

1

 

 

567

 

 

 

Net assets

$

649,808

 

$

15,980,925

 

$

51,272

 

$

1,713,795

 

$

74,023

 

$

12,667,236

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

34,601

 

 

1,269,335

 

 

4,053

 

 

149,026

 

 

6,403

 

 

1,022,376

 

 

 

Investments in Funds, at cost

$

513,177

 

$

13,854,070

 

$

43,163

 

$

1,494,737

 

$

70,346

 

$

10,917,715

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/ClearBridge Large Cap Growth Fund - Class I

 

JNL/DFA Growth Allocation Fund - Class A

 

JNL/DFA Growth Allocation Fund - Class I

 

JNL/DFA International Core Equity Fund - Class A

 

JNL/DFA International Core Equity Fund - Class I

 

JNL/DFA Moderate Growth Allocation Fund - Class A

 

JNL/DFA Moderate Growth Allocation Fund - Class I

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

196,211

 

$

757

 

$

8,905

 

$

420

 

$

153,224

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

2,535

 

 

171,575

 

 

227

 

 

15,231

 

 

33

 

 

147,820

 

 

 

Total expenses

 

2,535

 

 

171,575

 

 

227

 

 

15,231

 

 

33

 

 

147,820

 

 

 

Net investment income (loss)

 

(2,535

)

 

24,636

 

 

530

 

 

(6,326

)

 

387

 

 

5,404

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from investment companies

 

 

 

 

 

 

 

1,169

 

 

53

 

 

 

 

 

 

Investments

 

56,105

 

 

7,567

 

 

27

 

 

(2,195

)

 

4

 

 

216,843

 

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

103,202

 

 

1,326,841

 

 

4,342

 

 

173,617

 

 

3,677

 

 

994,700

 

 

 

Net realized and unrealized gain (loss)

 

159,307

 

 

1,334,408

 

 

4,369

 

 

172,591

 

 

3,734

 

 

1,211,543

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

156,772

 

$

1,359,044

 

$

4,899

 

$

166,265

 

$

4,121

 

$

1,216,947

 

$

 

See Notes to the Financial Statements.

11


N-VPFS12th “Page” of 183TOC1stPreviousNextBottomJust 12th
                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/DFA U.S. Core Equity Fund - Class A

 

JNL/DFA U.S. Core Equity Fund - Class I

 

JNL/DFA U.S. Small Cap Fund - Class A

 

JNL/DFA U.S. Small Cap Fund - Class I

 

JNL/DoubleLine Core Fixed Income Fund - Class A

 

JNL/DoubleLine Core Fixed Income Fund - Class I

 

JNL/DoubleLine Emerging Markets Fixed Income Fund - Class A

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments, at fair value

$

68,884,181

 

$

173,462

 

$

15,869,795

 

$

1,052,295

 

$

191,900,171

 

$

835,219

 

$

10,836,740

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

86,418

 

 

2

 

 

880

 

 

12

 

 

334,079

 

 

11

 

 

770

 

 

Investment Division units sold

 

1,481

 

 

 

 

7,090

 

 

 

 

199,595

 

 

 

 

3,213

 

Total assets

 

68,972,080

 

 

173,464

 

 

15,877,765

 

 

1,052,307

 

 

192,433,845

 

 

835,230

 

 

10,840,723

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

1,481

 

 

 

 

7,090

 

 

 

 

199,595

 

 

 

 

3,213

 

 

Investment Division units redeemed

 

83,781

 

 

 

 

317

 

 

 

 

326,584

 

 

 

 

383

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

2,637

 

 

2

 

 

563

 

 

12

 

 

7,495

 

 

11

 

 

387

 

Total liabilities

 

87,899

 

 

2

 

 

7,970

 

 

12

 

 

533,674

 

 

11

 

 

3,983

 

Net assets

$

68,884,181

 

$

173,462

 

$

15,869,795

 

$

1,052,295

 

$

191,900,171

 

$

835,219

 

$

10,836,740

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

3,725,483

 

 

8,778

 

 

1,695,491

 

 

112,065

 

 

13,865,619

 

 

55,681

 

 

888,257

 

Investments in Funds, at cost

$

46,616,865

 

$

131,059

 

$

13,767,437

 

$

784,276

 

$

178,270,172

 

$

804,961

 

$

9,632,249

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/DFA U.S. Core Equity Fund - Class A

 

JNL/DFA U.S. Core Equity Fund - Class I

 

JNL/DFA U.S. Small Cap Fund - Class A

 

JNL/DFA U.S. Small Cap Fund - Class I

 

JNL/DoubleLine Core Fixed Income Fund - Class A

 

JNL/DoubleLine Core Fixed Income Fund - Class I

 

JNL/DoubleLine Emerging Markets Fixed Income Fund - Class A

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

870,537

 

 

655

 

 

128,766

 

 

2,775

 

 

2,760,867

 

 

3,197

 

 

102,944

 

Total expenses

 

870,537

 

 

655

 

 

128,766

 

 

2,775

 

 

2,760,867

 

 

3,197

 

 

102,944

 

Net investment income (loss)

 

(870,537

)

 

(655

)

 

(128,766

)

 

(2,775

)

 

(2,760,867

)

 

(3,197

)

 

(102,944

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from investment companies

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments

 

4,284,922

 

 

429

 

 

(538,083

)

 

(133,047

)

 

1,913,499

 

 

898

 

 

42,464

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

4,914,967

 

 

23,464

 

 

2,983,812

 

 

268,319

 

 

7,485,850

 

 

30,362

 

 

1,080,163

 

Net realized and unrealized gain (loss)

 

9,199,889

 

 

23,893

 

 

2,445,729

 

 

135,272

 

 

9,399,349

 

 

31,260

 

 

1,122,627

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

8,329,352

 

$

23,238

 

$

2,316,963

 

$

132,497

 

$

6,638,482

 

$

28,063

 

$

1,019,683

 

See Notes to the Financial Statements.

12


N-VPFS13th “Page” of 183TOC1stPreviousNextBottomJust 13th
                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/DoubleLine Emerging Markets Fixed Income Fund - Class I

 

JNL/DoubleLine Shiller Enhanced CAPE Fund - Class A

 

JNL/DoubleLine Shiller Enhanced CAPE Fund - Class I

 

JNL/DoubleLine Total Return Fund - Class A

 

JNL/DoubleLine Total Return Fund - Class I

 

JNL/Fidelity Institutional Asset Management Total Bond Fund - Class A

 

JNL/Fidelity Institutional Asset Management Total Bond Fund - Class I

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments, at fair value

$

46,928

 

$

106,106,422

 

$

971,684

 

$

97,467,214

 

$

313,606

 

$

67,547,829

 

$

2,114,441

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

1

 

 

82,550

 

 

12

 

 

13,933

 

 

5

 

 

46,985

 

 

25

 

 

Investment Division units sold

 

 

 

34,505

 

 

 

 

46,051

 

 

 

 

1,441

 

 

 

Total assets

 

46,929

 

 

106,223,477

 

 

971,696

 

 

97,527,198

 

 

313,611

 

 

67,596,255

 

 

2,114,466

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

 

 

34,505

 

 

 

 

46,051

 

 

 

 

1,441

 

 

 

 

Investment Division units redeemed

 

 

 

78,548

 

 

 

 

10,446

 

 

 

 

44,272

 

 

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

1

 

 

4,002

 

 

12

 

 

3,487

 

 

5

 

 

2,713

 

 

25

 

Total liabilities

 

1

 

 

117,055

 

 

12

 

 

59,984

 

 

5

 

 

48,426

 

 

25

 

Net assets

$

46,928

 

$

106,106,422

 

$

971,684

 

$

97,467,214

 

$

313,606

 

$

67,547,829

 

$

2,114,441

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

3,891

 

 

5,549,499

 

 

50,425

 

 

8,424,133

 

 

26,965

 

 

5,188,005

 

 

158,981

 

Investments in Funds, at cost

$

44,982

 

$

84,003,371

 

$

814,278

 

$

92,958,884

 

$

303,196

 

$

62,603,948

 

$

1,972,412

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/DoubleLine Emerging Markets Fixed Income Fund - Class I

 

JNL/DoubleLine Shiller Enhanced CAPE Fund - Class A

 

JNL/DoubleLine Shiller Enhanced CAPE Fund - Class I

 

JNL/DoubleLine Total Return Fund - Class A

 

JNL/DoubleLine Total Return Fund - Class I

 

JNL/Fidelity Institutional Asset Management Total Bond Fund - Class A

 

JNL/Fidelity Institutional Asset Management Total Bond Fund - Class I

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

196

 

 

1,177,108

 

 

2,887

 

 

1,311,555

 

 

1,439

 

 

928,501

 

 

6,964

 

Total expenses

 

196

 

 

1,177,108

 

 

2,887

 

 

1,311,555

 

 

1,439

 

 

928,501

 

 

6,964

 

Net investment income (loss)

 

(196

)

 

(1,177,108

)

 

(2,887

)

 

(1,311,555

)

 

(1,439

)

 

(928,501

)

 

(6,964

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from investment companies

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments

 

1,942

 

 

667,063

 

 

30,666

 

 

1,371,743

 

 

1,576

 

 

793,224

 

 

(15,205

)

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

(1,828

)

 

12,130,281

 

 

114,276

 

 

1,009,394

 

 

5,623

 

 

4,018,298

 

 

141,311

 

Net realized and unrealized gain (loss)

 

114

 

 

12,797,344

 

 

144,942

 

 

2,381,137

 

 

7,199

 

 

4,811,522

 

 

126,106

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

(82

)

$

11,620,236

 

$

142,055

 

$

1,069,582

 

$

5,760

 

$

3,883,021

 

$

119,142

 

See Notes to the Financial Statements.

13


N-VPFS14th “Page” of 183TOC1stPreviousNextBottomJust 14th
                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/First State Global Infrastructure Fund - Class A

 

JNL/First State Global Infrastructure Fund - Class I

 

JNL/Franklin Templeton Global Multisector Bond Fund - Class A

 

JNL/Franklin Templeton Global Multisector Bond Fund - Class I

 

JNL/Franklin Templeton Growth Allocation Fund - Class A

 

JNL/Franklin Templeton Growth Allocation Fund - Class I

 

JNL/Franklin Templeton Income Fund - Class A

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments, at fair value

$

58,080,576

 

$

20,760

 

$

36,757,661

 

$

68,677

 

$

70,113,887

 

$

106,340

 

$

136,669,044

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

16,132

 

 

 

 

44,934

 

 

1

 

 

7,851

 

 

2

 

 

109,434

 

 

Investment Division units sold

 

14,785

 

 

 

 

468

 

 

 

 

9,245

 

 

 

 

56,886

 

Total assets

 

58,111,493

 

 

20,760

 

 

36,803,063

 

 

68,678

 

 

70,130,983

 

 

106,342

 

 

136,835,364

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

14,785

 

 

 

 

468

 

 

 

 

9,245

 

 

 

 

56,886

 

 

Investment Division units redeemed

 

13,877

 

 

 

 

43,602

 

 

 

 

4,946

 

 

 

 

104,090

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

2,255

 

 

 

 

1,332

 

 

1

 

 

2,905

 

 

2

 

 

5,344

 

Total liabilities

 

30,917

 

 

 

 

45,402

 

 

1

 

 

17,096

 

 

2

 

 

166,320

 

Net assets

$

58,080,576

 

$

20,760

 

$

36,757,661

 

$

68,677

 

$

70,113,887

 

$

106,340

 

$

136,669,044

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

3,761,695

 

 

1,330

 

 

4,676,547

 

 

8,639

 

 

4,231,375

 

 

6,356

 

 

10,668,934

 

Investments in Funds, at cost

$

53,587,906

 

$

18,926

 

$

47,122,644

 

$

83,379

 

$

47,754,900

 

$

87,242

 

$

122,179,268

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/First State Global Infrastructure Fund - Class A

 

JNL/First State Global Infrastructure Fund - Class I

 

JNL/Franklin Templeton Global Multisector Bond Fund - Class A

 

JNL/Franklin Templeton Global Multisector Bond Fund - Class I

 

JNL/Franklin Templeton Growth Allocation Fund - Class A

 

JNL/Franklin Templeton Growth Allocation Fund - Class I

 

JNL/Franklin Templeton Income Fund - Class A

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

5,338,228

 

$

9,843

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

817,352

 

 

70

 

 

520,951

 

 

214

 

 

1,002,263

 

 

542

 

 

1,902,393

 

Total expenses

 

817,352

 

 

70

 

 

520,951

 

 

214

 

 

1,002,263

 

 

542

 

 

1,902,393

 

Net investment income (loss)

 

(817,352

)

 

(70

)

 

4,817,277

 

 

9,629

 

 

(1,002,263

)

 

(542

)

 

(1,902,393

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from investment companies

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments

 

356,017

 

 

10

 

 

(2,224,856

)

 

(446

)

 

3,085,261

 

 

664

 

 

844,603

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

(3,209,747

)

 

589

 

 

(5,885,539

)

 

(11,489

)

 

3,805,020

 

 

10,586

 

 

(814,507

)

Net realized and unrealized gain (loss)

 

(2,853,730

)

 

599

 

 

(8,110,395

)

 

(11,935

)

 

6,890,281

 

 

11,250

 

 

30,096

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

(3,671,082

)

$

529

 

$

(3,293,118

)

$

(2,306

)

$

5,888,018

 

$

10,708

 

$

(1,872,297

)

See Notes to the Financial Statements.

14


N-VPFS15th “Page” of 183TOC1stPreviousNextBottomJust 15th
                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Franklin Templeton Income Fund - Class I

 

JNL/Franklin Templeton International Small Cap Fund - Class A

 

JNL/Franklin Templeton International Small Cap Fund - Class I

 

JNL/Goldman Sachs 4 Fund - Class A

 

JNL/Goldman Sachs 4 Fund - Class I

 

JNL/Goldman Sachs Competitive Advantage Fund - Class A

 

JNL/Goldman Sachs Competitive Advantage Fund - Class I

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments, at fair value

$

213,784

 

$

37,666,154

 

$

66,753

 

$

433,597,143

 

$

608,630

 

$

56,599,955

 

$

39,594

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

3

 

 

3,397

 

 

1

 

 

192,462

 

 

65

 

 

4,043

 

 

1

 

 

Investment Division units sold

 

 

 

15,128

 

 

 

 

318,941

 

 

 

 

1,887

 

 

 

Total assets

 

213,787

 

 

37,684,679

 

 

66,754

 

 

434,108,546

 

 

608,695

 

 

56,605,885

 

 

39,595

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

 

 

15,128

 

 

 

 

318,941

 

 

 

 

1,887

 

 

 

 

Investment Division units redeemed

 

 

 

1,927

 

 

 

 

175,834

 

 

58

 

 

1,841

 

 

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

3

 

 

1,470

 

 

1

 

 

16,628

 

 

7

 

 

2,202

 

 

1

 

Total liabilities

 

3

 

 

18,525

 

 

1

 

 

511,403

 

 

65

 

 

5,930

 

 

1

 

Net assets

$

213,784

 

$

37,666,154

 

$

66,753

 

$

433,597,143

 

$

608,630

 

$

56,599,955

 

$

39,594

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

17,367

 

 

4,054,484

 

 

7,101

 

 

17,343,886

 

 

24,104

 

 

2,677,387

 

 

1,856

 

Investments in Funds, at cost

$

198,282

 

$

37,890,016

 

$

58,577

 

$

312,719,951

 

$

549,984

 

$

43,938,468

 

$

33,328

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Franklin Templeton Income Fund - Class I

 

JNL/Franklin Templeton International Small Cap Fund - Class A

 

JNL/Franklin Templeton International Small Cap Fund - Class I

 

JNL/Goldman Sachs 4 Fund - Class A

 

JNL/Goldman Sachs 4 Fund - Class I

 

JNL/Goldman Sachs Competitive Advantage Fund - Class A

 

JNL/Goldman Sachs Competitive Advantage Fund - Class I

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

600,729

 

$

1,277

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

867

 

 

482,071

 

 

229

 

 

5,799,477

 

 

2,606

 

 

775,744

 

 

253

 

Total expenses

 

867

 

 

482,071

 

 

229

 

 

5,799,477

 

 

2,606

 

 

775,744

 

 

253

 

Net investment income (loss)

 

(867

)

 

118,658

 

 

1,048

 

 

(5,799,477

)

 

(2,606

)

 

(775,744

)

 

(253

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from investment companies

 

 

 

143,644

 

 

252

 

 

 

 

 

 

 

 

 

 

Investments

 

(93

)

 

(2,524,104

)

 

(28

)

 

19,172,015

 

 

(44,847

)

 

1,536,888

 

 

1,522

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

7,337

 

 

45,768

 

 

7,381

 

 

(8,430,820

)

 

(11,962

)

 

7,487,054

 

 

6,360

 

Net realized and unrealized gain (loss)

 

7,244

 

 

(2,334,692

)

 

7,605

 

 

10,741,195

 

 

(56,809

)

 

9,023,942

 

 

7,882

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

6,377

 

$

(2,216,034

)

$

8,653

 

$

4,941,718

 

$

(59,415

)

$

8,248,198

 

$

7,629

 

See Notes to the Financial Statements.

15


N-VPFS16th “Page” of 183TOC1stPreviousNextBottomJust 16th
                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Goldman Sachs Dividend Income & Growth Fund - Class A

 

JNL/Goldman Sachs Dividend Income & Growth Fund - Class I

 

JNL/Goldman Sachs International 5 Fund - Class A

 

JNL/Goldman Sachs International 5 Fund - Class I

 

JNL/Goldman Sachs Intrinsic Value Fund - Class A

 

JNL/Goldman Sachs Intrinsic Value Fund - Class I

 

JNL/Goldman Sachs Managed Aggressive Growth Fund - Class A

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments, at fair value

$

252,388,614

 

$

1,166,465

 

$

5,069,079

 

$

9,495

 

$

47,339,235

 

$

27,928

 

$

188,423,584

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

104,001

 

 

16

 

 

172

 

 

 

 

3,027

 

 

 

 

2,069,938

 

 

Investment Division units sold

 

127,300

 

 

 

 

 

 

 

 

10,571

 

 

 

 

2,030,020

 

Total assets

 

252,619,915

 

 

1,166,481

 

 

5,069,251

 

 

9,495

 

 

47,352,833

 

 

27,928

 

 

192,523,542

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

127,300

 

 

 

 

 

 

 

 

10,571

 

 

 

 

2,030,020

 

 

Investment Division units redeemed

 

94,084

 

 

 

 

6

 

 

 

 

1,158

 

 

 

 

2,062,177

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

9,917

 

 

16

 

 

166

 

 

 

 

1,869

 

 

 

 

7,761

 

Total liabilities

 

231,301

 

 

16

 

 

172

 

 

 

 

13,598

 

 

 

 

4,099,958

 

Net assets

$

252,388,614

 

$

1,166,465

 

$

5,069,079

 

$

9,495

 

$

47,339,235

 

$

27,928

 

$

188,423,584

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

17,122,701

 

 

77,609

 

 

486,943

 

 

909

 

 

3,359,775

 

 

1,938

 

 

5,972,221

 

Investments in Funds, at cost

$

249,739,872

 

$

1,065,608

 

$

4,559,285

 

$

9,000

 

$

46,641,151

 

$

26,942

 

$

118,116,965

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Goldman Sachs Dividend Income & Growth Fund - Class A

 

JNL/Goldman Sachs Dividend Income & Growth Fund - Class I

 

JNL/Goldman Sachs International 5 Fund - Class A

 

JNL/Goldman Sachs International 5 Fund - Class I

 

JNL/Goldman Sachs Intrinsic Value Fund - Class A

 

JNL/Goldman Sachs Intrinsic Value Fund - Class I

 

JNL/Goldman Sachs Managed Aggressive Growth Fund - Class A

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

3,493,030

 

 

5,639

 

 

52,952

 

 

37

 

 

648,920

 

 

127

 

 

2,441,861

 

Total expenses

 

3,493,030

 

 

5,639

 

 

52,952

 

 

37

 

 

648,920

 

 

127

 

 

2,441,861

 

Net investment income (loss)

 

(3,493,030

)

 

(5,639

)

 

(52,952

)

 

(37

)

 

(648,920

)

 

(127

)

 

(2,441,861

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from investment companies

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments

 

(10,977,239

)

 

(151,999

)

 

(405,061

)

 

(18

)

 

(3,042,719

)

 

(47

)

 

11,231,038

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

(4,531,310

)

 

89,396

 

 

409,879

 

 

(65

)

 

2,011,156

 

 

675

 

 

19,805,761

 

Net realized and unrealized gain (loss)

 

(15,508,549

)

 

(62,603

)

 

4,818

 

 

(83

)

 

(1,031,563

)

 

628

 

 

31,036,799

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

(19,001,579

)

$

(68,242

)

$

(48,134

)

$

(120

)

$

(1,680,483

)

$

501

 

$

28,594,938

 

See Notes to the Financial Statements.

16


N-VPFS17th “Page” of 183TOC1stPreviousNextBottomJust 17th
                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Goldman Sachs Managed Aggressive Growth Fund - Class I

 

JNL/Goldman Sachs Managed Conservative Fund - Class A

 

JNL/Goldman Sachs Managed Conservative Fund - Class I

 

JNL/Goldman Sachs Managed Growth Fund - Class A

 

JNL/Goldman Sachs Managed Growth Fund - Class I

 

JNL/Goldman Sachs Managed Moderate Fund - Class A

 

JNL/Goldman Sachs Managed Moderate Fund - Class I

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments, at fair value

$

1,119,325

 

$

98,156,914

 

$

 

$

425,115,754

 

$

363,817

 

$

248,560,680

 

$

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

18

 

 

8,668

 

 

 

 

225,791

 

 

4

 

 

32,775

 

 

 

 

Investment Division units sold

 

 

 

1,093

 

 

 

 

28,703

 

 

 

 

 

 

 

Total assets

 

1,119,343

 

 

98,166,675

 

 

 

 

425,370,248

 

 

363,821

 

 

248,593,455

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

 

 

1,093

 

 

 

 

28,703

 

 

 

 

 

 

 

 

Investment Division units redeemed

 

 

 

4,622

 

 

 

 

208,365

 

 

 

 

22,666

 

 

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

18

 

 

4,046

 

 

 

 

17,426

 

 

4

 

 

10,109

 

 

 

Total liabilities

 

18

 

 

9,761

 

 

 

 

254,494

 

 

4

 

 

32,775

 

 

 

Net assets

$

1,119,325

 

$

98,156,914

 

$

 

$

425,115,754

 

$

363,817

 

$

248,560,680

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

35,133

 

 

6,196,775

 

 

 

 

16,225,792

 

 

13,755

 

 

12,925,672

 

 

 

Investments in Funds, at cost

$

819,512

 

$

77,837,976

 

$

 

$

244,988,430

 

$

332,390

 

$

170,934,140

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Goldman Sachs Managed Aggressive Growth Fund - Class I

 

JNL/Goldman Sachs Managed Conservative Fund - Class A

 

JNL/Goldman Sachs Managed Conservative Fund - Class I

 

JNL/Goldman Sachs Managed Growth Fund - Class A

 

JNL/Goldman Sachs Managed Growth Fund - Class I

 

JNL/Goldman Sachs Managed Moderate Fund - Class A

 

JNL/Goldman Sachs Managed Moderate Fund - Class I

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

5,384

 

 

1,481,499

 

 

 

 

5,706,269

 

 

354

 

 

3,625,664

 

 

 

Total expenses

 

5,384

 

 

1,481,499

 

 

 

 

5,706,269

 

 

354

 

 

3,625,664

 

 

 

Net investment income (loss)

 

(5,384

)

 

(1,481,499

)

 

 

 

(5,706,269

)

 

(354

)

 

(3,625,664

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from investment companies

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments

 

34,931

 

 

4,704,601

 

 

 

 

26,759,798

 

 

73

 

 

12,546,437

 

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

222,882

 

 

3,286,353

 

 

 

 

40,500,789

 

 

31,427

 

 

15,186,762

 

 

 

Net realized and unrealized gain (loss)

 

257,813

 

 

7,990,954

 

 

 

 

67,260,587

 

 

31,500

 

 

27,733,199

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

252,429

 

$

6,509,455

 

$

 

$

61,554,318

 

$

31,146

 

$

24,107,535

 

$

 

See Notes to the Financial Statements.

17


N-VPFS18th “Page” of 183TOC1stPreviousNextBottomJust 18th
                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Goldman Sachs Managed Moderate Growth Fund - Class A

 

JNL/Goldman Sachs Managed Moderate Growth Fund - Class I

 

JNL/Goldman Sachs Total Yield Fund - Class A

 

JNL/Goldman Sachs Total Yield Fund - Class I

 

JNL/GQG Emerging Markets Equity Fund - Class A

 

JNL/GQG Emerging Markets Equity Fund - Class I

 

JNL/Harris Oakmark Global Equity Fund - Class A

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments, at fair value

$

438,080,083

 

$

120,802

 

$

28,212,446

 

$

59,741

 

$

13,414,453

 

$

424,709

 

$

24,362,000

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

34,759

 

 

2

 

 

1,754

 

 

1

 

 

1,524

 

 

5

 

 

1,279

 

 

Investment Division units sold

 

11,880

 

 

 

 

 

 

 

 

11,595

 

 

 

 

1,849

 

Total assets

 

438,126,722

 

 

120,804

 

 

28,214,200

 

 

59,742

 

 

13,427,572

 

 

424,714

 

 

24,365,128

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

11,880

 

 

 

 

 

 

 

 

11,595

 

 

 

 

1,849

 

 

Investment Division units redeemed

 

16,930

 

 

 

 

640

 

 

 

 

1,014

 

 

 

 

451

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

17,829

 

 

2

 

 

1,114

 

 

1

 

 

510

 

 

5

 

 

828

 

Total liabilities

 

46,639

 

 

2

 

 

1,754

 

 

1

 

 

13,119

 

 

5

 

 

3,128

 

Net assets

$

438,080,083

 

$

120,802

 

$

28,212,446

 

$

59,741

 

$

13,414,453

 

$

424,709

 

$

24,362,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

19,088,457

 

 

5,209

 

 

2,080,564

 

 

4,370

 

 

934,805

 

 

29,311

 

 

2,050,673

 

Investments in Funds, at cost

$

276,511,108

 

$

104,404

 

$

27,379,427

 

$

55,454

 

$

10,685,300

 

$

347,330

 

$

22,548,348

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Goldman Sachs Managed Moderate Growth Fund - Class A

 

JNL/Goldman Sachs Managed Moderate Growth Fund - Class I

 

JNL/Goldman Sachs Total Yield Fund - Class A

 

JNL/Goldman Sachs Total Yield Fund - Class I

 

JNL/GQG Emerging Markets Equity Fund - Class A

 

JNL/GQG Emerging Markets Equity Fund - Class I

 

JNL/Harris Oakmark Global Equity Fund - Class A

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

 

$

 

$

699,897

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

5,980,164

 

 

430

 

 

384,699

 

 

47

 

 

106,591

 

 

641

 

 

260,301

 

Total expenses

 

5,980,164

 

 

430

 

 

384,699

 

 

47

 

 

106,591

 

 

641

 

 

260,301

 

Net investment income (loss)

 

(5,980,164

)

 

(430

)

 

(384,699

)

 

(47

)

 

(106,591

)

 

(641

)

 

439,596

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from investment companies

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments

 

21,758,908

 

 

32

 

 

(1,818,337

)

 

3

 

 

568,363

 

 

813

 

 

(1,150,023

)

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

36,906,013

 

 

14,294

 

 

1,339,622

 

 

3,768

 

 

2,453,514

 

 

76,563

 

 

2,635,785

 

Net realized and unrealized gain (loss)

 

58,664,921

 

 

14,326

 

 

(478,715

)

 

3,771

 

 

3,021,877

 

 

77,376

 

 

1,485,762

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

52,684,757

 

$

13,896

 

$

(863,414

)

$

3,724

 

$

2,915,286

 

$

76,735

 

$

1,925,358

 

See Notes to the Financial Statements.

18


N-VPFS19th “Page” of 183TOC1stPreviousNextBottomJust 19th
                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Harris Oakmark Global Equity Fund - Class I

 

JNL/Heitman U.S. Focused Real Estate Fund - Class A

 

JNL/Heitman U.S. Focused Real Estate Fund - Class I

 

JNL/Invesco Diversified Dividend Fund - Class A

 

JNL/Invesco Diversified Dividend Fund - Class I

 

JNL/Invesco Global Growth Fund - Class A

 

JNL/Invesco Global Growth Fund - Class I

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments, at fair value

$

203,297

 

$

2,463,167

 

$

136,212

 

$

9,548,532

 

$

2,825

 

$

142,721,388

 

$

380,300

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

109

 

 

143

 

 

2

 

 

438

 

 

 

 

48,842

 

 

6

 

 

Investment Division units sold

 

 

 

 

 

 

 

 

 

 

 

24,882

 

 

 

Total assets

 

203,406

 

 

2,463,310

 

 

136,214

 

 

9,548,970

 

 

2,825

 

 

142,795,112

 

 

380,306

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

 

 

 

 

 

 

 

 

 

 

24,882

 

 

 

 

Investment Division units redeemed

 

106

 

 

50

 

 

 

 

84

 

 

 

 

43,048

 

 

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

3

 

 

93

 

 

2

 

 

354

 

 

 

 

5,794

 

 

6

 

Total liabilities

 

109

 

 

143

 

 

2

 

 

438

 

 

 

 

73,724

 

 

6

 

Net assets

$

203,297

 

$

2,463,167

 

$

136,212

 

$

9,548,532

 

$

2,825

 

$

142,721,388

 

$

380,300

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

17,084

 

 

246,563

 

 

13,553

 

 

824,571

 

 

242

 

 

5,929,430

 

 

15,453

 

Investments in Funds, at cost

$

192,519

 

$

2,631,871

 

$

139,011

 

$

8,600,429

 

$

2,475

 

$

95,038,385

 

$

295,018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Harris Oakmark Global Equity Fund - Class I

 

JNL/Heitman U.S. Focused Real Estate Fund - Class A

 

JNL/Heitman U.S. Focused Real Estate Fund - Class I

 

JNL/Invesco Diversified Dividend Fund - Class A

 

JNL/Invesco Diversified Dividend Fund - Class I

 

JNL/Invesco Global Growth Fund - Class A

 

JNL/Invesco Global Growth Fund - Class I

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

5,230

 

$

42,042

 

$

2,561

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

405

 

 

27,099

 

 

416

 

 

113,726

 

 

5

 

 

1,904,760

 

 

1,459

 

Total expenses

 

405

 

 

27,099

 

 

416

 

 

113,726

 

 

5

 

 

1,904,760

 

 

1,459

 

Net investment income (loss)

 

4,825

 

 

14,943

 

 

2,145

 

 

(113,726

)

 

(5

)

 

(1,904,760

)

 

(1,459

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from investment companies

 

 

 

212,680

 

 

11,898

 

 

 

 

 

 

 

 

 

 

Investments

 

1

 

 

(117,309

)

 

12

 

 

(15,726

)

 

1

 

 

5,132,719

 

 

4,467

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

8,589

 

 

(198,625

)

 

(14,707

)

 

246,776

 

 

350

 

 

23,808,260

 

 

75,264

 

Net realized and unrealized gain (loss)

 

8,590

 

 

(103,254

)

 

(2,797

)

 

231,050

 

 

351

 

 

28,940,979

 

 

79,731

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

13,415

 

$

(88,311

)

$

(652

)

$

117,324

 

$

346

 

$

27,036,219

 

$

78,272

 

See Notes to the Financial Statements.

19


N-VPFS20th “Page” of 183TOC1stPreviousNextBottomJust 20th
                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Invesco Global Real Estate Fund - Class A

 

JNL/Invesco Global Real Estate Fund - Class I

 

JNL/Invesco International Growth Fund - Class A

 

JNL/Invesco International Growth Fund - Class I

 

JNL/Invesco Small Cap Growth Fund - Class A

 

JNL/Invesco Small Cap Growth Fund - Class I

 

JNL/JPMorgan Global Allocation Fund - Class A

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments, at fair value

$

60,778,747

 

$

65,982

 

$

65,030,616

 

$

262,464

 

$

206,527,728

 

$

808,786

 

$

71,346,591

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

13,173

 

 

1

 

 

55,519

 

 

135

 

 

342,895

 

 

78

 

 

18,707

 

 

Investment Division units sold

 

26,153

 

 

 

 

16,119

 

 

 

 

180,468

 

 

 

 

20,325

 

Total assets

 

60,818,073

 

 

65,983

 

 

65,102,254

 

 

262,599

 

 

207,051,091

 

 

808,864

 

 

71,385,623

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

26,153

 

 

 

 

16,119

 

 

 

 

180,468

 

 

 

 

20,325

 

 

Investment Division units redeemed

 

10,783

 

 

 

 

52,993

 

 

132

 

 

334,917

 

 

67

 

 

15,844

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

2,390

 

 

1

 

 

2,526

 

 

3

 

 

7,978

 

 

11

 

 

2,863

 

Total liabilities

 

39,326

 

 

1

 

 

71,638

 

 

135

 

 

523,363

 

 

78

 

 

39,032

 

Net assets

$

60,778,747

 

$

65,982

 

$

65,030,616

 

$

262,464

 

$

206,527,728

 

$

808,786

 

$

71,346,591

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

6,357,610

 

 

6,754

 

 

4,264,303

 

 

16,201

 

 

4,922,014

 

 

18,398

 

 

5,155,101

 

Investments in Funds, at cost

$

62,668,176

 

$

69,074

 

$

54,545,181

 

$

235,655

 

$

118,810,877

 

$

545,589

 

$

56,226,183

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Invesco Global Real Estate Fund - Class A

 

JNL/Invesco Global Real Estate Fund - Class I

 

JNL/Invesco International Growth Fund - Class A

 

JNL/Invesco International Growth Fund - Class I

 

JNL/Invesco Small Cap Growth Fund - Class A

 

JNL/Invesco Small Cap Growth Fund - Class I

 

JNL/JPMorgan Global Allocation Fund - Class A

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

1,241,109

 

$

4,610

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

905,552

 

 

301

 

 

846,667

 

 

560

 

 

2,134,837

 

 

2,278

 

 

674,502

 

Total expenses

 

905,552

 

 

301

 

 

846,667

 

 

560

 

 

2,134,837

 

 

2,278

 

 

674,502

 

Net investment income (loss)

 

(905,552

)

 

(301

)

 

394,442

 

 

4,050

 

 

(2,134,837

)

 

(2,278

)

 

(674,502

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from investment companies

 

 

 

 

 

1,047,347

 

 

3,362

 

 

 

 

 

 

 

 

Investments

 

(1,992,255

)

 

519

 

 

750,280

 

 

(1,233

)

 

10,138,859

 

 

17,407

 

 

882,189

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

(7,947,267

)

 

(6,101

)

 

4,518,997

 

 

22,051

 

 

63,891,647

 

 

239,787

 

 

14,606,200

 

Net realized and unrealized gain (loss)

 

(9,939,522

)

 

(5,582

)

 

6,316,624

 

 

24,180

 

 

74,030,506

 

 

257,194

 

 

15,488,389

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

(10,845,074

)

$

(5,883

)

$

6,711,066

 

$

28,230

 

$

71,895,669

 

$

254,916

 

$

14,813,887

 

See Notes to the Financial Statements.

20


N-VPFS21st “Page” of 183TOC1stPreviousNextBottomJust 21st
                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/JPMorgan Global Allocation Fund - Class I

 

JNL/JPMorgan Growth & Income Fund - Class A

 

JNL/JPMorgan Growth & Income Fund - Class I

 

JNL/JPMorgan Hedged Equity Fund - Class A

 

JNL/JPMorgan Hedged Equity Fund - Class I

 

JNL/JPMorgan MidCap Growth Fund - Class A

 

JNL/JPMorgan MidCap Growth Fund - Class I

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments, at fair value

$

50,763

 

$

51,038,489

 

$

74,929

 

$

32,779,613

 

$

194,229

 

$

225,928,443

 

$

1,474,525

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

1

 

 

43,537

 

 

1

 

 

1,820

 

 

2

 

 

130,948

 

 

124

 

 

Investment Division units sold

 

 

 

6,313

 

 

 

 

130,876

 

 

 

 

111,003

 

 

 

Total assets

 

50,764

 

 

51,088,339

 

 

74,930

 

 

32,912,309

 

 

194,231

 

 

226,170,394

 

 

1,474,649

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

 

 

6,313

 

 

 

 

130,876

 

 

 

 

111,003

 

 

 

 

Investment Division units redeemed

 

 

 

41,449

 

 

 

 

709

 

 

 

 

122,522

 

 

105

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

1

 

 

2,088

 

 

1

 

 

1,111

 

 

2

 

 

8,426

 

 

19

 

Total liabilities

 

1

 

 

49,850

 

 

1

 

 

132,696

 

 

2

 

 

241,951

 

 

124

 

Net assets

$

50,763

 

$

51,038,489

 

$

74,929

 

$

32,779,613

 

$

194,229

 

$

225,928,443

 

$

1,474,525

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

3,639

 

 

4,271,003

 

 

6,172

 

 

2,709,059

 

 

15,960

 

 

3,691,641

 

 

23,254

 

Investments in Funds, at cost

$

39,627

 

$

44,044,383

 

$

67,295

 

$

29,179,675

 

$

177,440

 

$

141,952,413

 

$

1,138,833

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/JPMorgan Global Allocation Fund - Class I

 

JNL/JPMorgan Growth & Income Fund - Class A

 

JNL/JPMorgan Growth & Income Fund - Class I

 

JNL/JPMorgan Hedged Equity Fund - Class A

 

JNL/JPMorgan Hedged Equity Fund - Class I

 

JNL/JPMorgan MidCap Growth Fund - Class A

 

JNL/JPMorgan MidCap Growth Fund - Class I

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

126,487

 

$

899

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

157

 

 

645,015

 

 

370

 

 

265,487

 

 

457

 

 

2,226,529

 

 

3,097

 

Total expenses

 

157

 

 

645,015

 

 

370

 

 

265,487

 

 

457

 

 

2,226,529

 

 

3,097

 

Net investment income (loss)

 

(157

)

 

(645,015

)

 

(370

)

 

(139,000

)

 

442

 

 

(2,226,529

)

 

(3,097

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from investment companies

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments

 

58

 

 

383,904

 

 

(11

)

 

394,549

 

 

1,196

 

 

12,871,242

 

 

33,131

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

11,136

 

 

1,082,975

 

 

1,744

 

 

3,239,975

 

 

13,932

 

 

56,290,322

 

 

297,284

 

Net realized and unrealized gain (loss)

 

11,194

 

 

1,466,879

 

 

1,733

 

 

3,634,524

 

 

15,128

 

 

69,161,564

 

 

330,415

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

11,037

 

$

821,864

 

$

1,363

 

$

3,495,524

 

$

15,570

 

$

66,935,035

 

$

327,318

 

See Notes to the Financial Statements.

21


N-VPFS22nd “Page” of 183TOC1stPreviousNextBottomJust 22nd
                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/JPMorgan U.S. Government & Quality Bond Fund - Class A

 

JNL/JPMorgan U.S. Government & Quality Bond Fund - Class I

 

JNL/Lazard International Strategic Equity Fund - Class A

 

JNL/Lazard International Strategic Equity Fund - Class I

 

JNL/Loomis Sayles Global Growth Fund - Class A

 

JNL/Loomis Sayles Global Growth Fund - Class I

 

JNL/Lord Abbett Short Duration Income Fund - Class A

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments, at fair value

$

94,876,545

 

$

1,590,185

 

$

5,278,252

 

$

18,401

 

$

31,424,435

 

$

7,202

 

$

5,906,161

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

101,372

 

 

18

 

 

240

 

 

 

 

2,760

 

 

 

 

209

 

 

Investment Division units sold

 

97,988

 

 

 

 

 

 

 

 

49

 

 

 

 

 

Total assets

 

95,075,905

 

 

1,590,203

 

 

5,278,492

 

 

18,401

 

 

31,427,244

 

 

7,202

 

 

5,906,370

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

97,988

 

 

 

 

 

 

 

 

49

 

 

 

 

 

 

Investment Division units redeemed

 

97,841

 

 

 

 

80

 

 

 

 

1,494

 

 

 

 

23

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

3,531

 

 

18

 

 

160

 

 

 

 

1,266

 

 

 

 

186

 

Total liabilities

 

199,360

 

 

18

 

 

240

 

 

 

 

2,809

 

 

 

 

209

 

Net assets

$

94,876,545

 

$

1,590,185

 

$

5,278,252

 

$

18,401

 

$

31,424,435

 

$

7,202

 

$

5,906,161

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

6,561,310

 

 

103,934

 

 

325,416

 

 

1,132

 

 

2,031,314

 

 

462

 

 

565,183

 

Investments in Funds, at cost

$

90,808,493

 

$

1,554,634

 

$

4,210,827

 

$

14,333

 

$

22,492,401

 

$

4,951

 

$

5,835,915

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/JPMorgan U.S. Government & Quality Bond Fund - Class A

 

JNL/JPMorgan U.S. Government & Quality Bond Fund - Class I

 

JNL/Lazard International Strategic Equity Fund - Class A

 

JNL/Lazard International Strategic Equity Fund - Class I

 

JNL/Loomis Sayles Global Growth Fund - Class A

 

JNL/Loomis Sayles Global Growth Fund - Class I(a)

 

JNL/Lord Abbett Short Duration Income Fund - Class A(a)

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

23,826

 

$

137

 

$

58,797

 

$

14

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

1,247,167

 

 

6,103

 

 

47,210

 

 

59

 

 

279,390

 

 

19

 

 

34,289

 

Total expenses

 

1,247,167

 

 

6,103

 

 

47,210

 

 

59

 

 

279,390

 

 

19

 

 

34,289

 

Net investment income (loss)

 

(1,247,167

)

 

(6,103

)

 

(23,384

)

 

78

 

 

(220,593

)

 

(5

)

 

(34,289

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from investment companies

 

 

 

 

 

 

 

 

 

119,046

 

 

27

 

 

 

 

Investments

 

2,280,035

 

 

64,198

 

 

110,004

 

 

30

 

 

995,868

 

 

17

 

 

42,967

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

2,940,395

 

 

21,819

 

 

415,472

 

 

4,068

 

 

8,915,034

 

 

2,251

 

 

70,246

 

Net realized and unrealized gain (loss)

 

5,220,430

 

 

86,017

 

 

525,476

 

 

4,098

 

 

10,029,948

 

 

2,295

 

 

113,213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

3,973,263

 

$

79,914

 

$

502,092

 

$

4,176

 

$

9,809,355

 

$

2,290

 

$

78,924

 

  

(a)

The mutual fund's shares, as applicable, became available for investment by the Investment Division on April 27, 2020. The Statement of Operations is from April 27, 2020 through December 31, 2020.

See Notes to the Financial Statements.

22


N-VPFS23rd “Page” of 183TOC1stPreviousNextBottomJust 23rd
                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Lord Abbett Short Duration Income Fund - Class I

 

JNL/Mellon Bond Index Fund - Class A

 

JNL/Mellon Bond Index Fund - Class I

 

JNL/Mellon Communication Services Sector Fund - Class A

 

JNL/Mellon Communication Services Sector Fund - Class I

 

JNL/Mellon Consumer Discretionary Sector Fund - Class A

 

JNL/Mellon Consumer Discretionary Sector Fund - Class I

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments, at fair value

$

47,279

 

$

98,863,307

 

$

328,256

 

$

18,434,469

 

$

36,316

 

$

128,522,568

 

$

312,871

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

1

 

 

14,433

 

 

6

 

 

1,676

 

 

 

 

349,568

 

 

4

 

 

Investment Division units sold

 

 

 

10,898

 

 

 

 

166,762

 

 

 

 

172,756

 

 

 

Total assets

 

47,280

 

 

98,888,638

 

 

328,262

 

 

18,602,907

 

 

36,316

 

 

129,044,892

 

 

312,875

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

 

 

10,898

 

 

 

 

166,762

 

 

 

 

172,756

 

 

 

 

Investment Division units redeemed

 

 

 

10,773

 

 

 

 

983

 

 

 

 

344,602

 

 

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

1

 

 

3,660

 

 

6

 

 

693

 

 

 

 

4,966

 

 

4

 

Total liabilities

 

1

 

 

25,331

 

 

6

 

 

168,438

 

 

 

 

522,324

 

 

4

 

Net assets

$

47,279

 

$

98,863,307

 

$

328,256

 

$

18,434,469

 

$

36,316

 

$

128,522,568

 

$

312,871

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

4,516

 

 

7,657,886

 

 

24,424

 

 

1,018,479

 

 

2,141

 

 

3,436,432

 

 

8,146

 

Investments in Funds, at cost

$

45,952

 

$

93,546,945

 

$

322,268

 

$

14,287,833

 

$

30,492

 

$

78,728,555

 

$

235,639

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Lord Abbett Short Duration Income Fund - Class I(a)

 

JNL/Mellon Bond Index Fund - Class A

 

JNL/Mellon Bond Index Fund - Class I

 

JNL/Mellon Communication Services Sector Fund - Class A

 

JNL/Mellon Communication Services Sector Fund - Class I

 

JNL/Mellon Consumer Discretionary Sector Fund - Class A

 

JNL/Mellon Consumer Discretionary Sector Fund - Class I

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

567

 

 

1,249,054

 

 

934

 

 

198,961

 

 

76

 

 

1,389,966

 

 

796

 

Total expenses

 

567

 

 

1,249,054

 

 

934

 

 

198,961

 

 

76

 

 

1,389,966

 

 

796

 

Net investment income (loss)

 

(567

)

 

(1,249,054

)

 

(934

)

 

(198,961

)

 

(76

)

 

(1,389,966

)

 

(796

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from investment companies

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments

 

4,537

 

 

1,829,771

 

 

3,600

 

 

552,129

 

 

43

 

 

8,616,397

 

 

16,889

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

1,327

 

 

4,026,452

 

 

7,258

 

 

3,244,612

 

 

5,849

 

 

30,570,123

 

 

66,929

 

Net realized and unrealized gain (loss)

 

5,864

 

 

5,856,223

 

 

10,858

 

 

3,796,741

 

 

5,892

 

 

39,186,520

 

 

83,818

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

5,297

 

$

4,607,169

 

$

9,924

 

$

3,597,780

 

$

5,816

 

$

37,796,554

 

$

83,022

 

  

(a)

The mutual fund's shares, as applicable, became available for investment by the Investment Division on April 27, 2020. The Statement of Operations is from April 27, 2020 through December 31, 2020.

See Notes to the Financial Statements.

23


N-VPFS24th “Page” of 183TOC1stPreviousNextBottomJust 24th
                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Mellon Consumer Staples Sector Fund - Class A

 

JNL/Mellon Consumer Staples Sector Fund - Class I

 

JNL/Mellon Dow Index Fund - Class A

 

JNL/Mellon Dow Index Fund - Class I

 

JNL/Mellon Emerging Markets Index Fund - Class A

 

JNL/Mellon Emerging Markets Index Fund - Class I

 

JNL/Mellon Energy Sector Fund - Class A

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments, at fair value

$

12,246,719

 

$

117,367

 

$

55,505,547

 

$

655,846

 

$

83,320,758

 

$

362,868

 

$

70,923,604

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

638

 

 

1

 

 

4,228

 

 

9

 

 

171,004

 

 

5

 

 

316,341

 

 

Investment Division units sold

 

17,554

 

 

 

 

297,130

 

 

 

 

122,246

 

 

 

 

109,667

 

Total assets

 

12,264,911

 

 

117,368

 

 

55,806,905

 

 

655,855

 

 

83,614,008

 

 

362,873

 

 

71,349,612

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

17,554

 

 

 

 

297,130

 

 

 

 

122,246

 

 

 

 

109,667

 

 

Investment Division units redeemed

 

181

 

 

 

 

2,122

 

 

 

 

167,824

 

 

 

 

313,534

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

457

 

 

1

 

 

2,106

 

 

9

 

 

3,180

 

 

5

 

 

2,807

 

Total liabilities

 

18,192

 

 

1

 

 

301,358

 

 

9

 

 

293,250

 

 

5

 

 

426,008

 

Net assets

$

12,246,719

 

$

117,367

 

$

55,505,547

 

$

655,846

 

$

83,320,758

 

$

362,868

 

$

70,923,604

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

910,537

 

 

8,636

 

 

1,541,393

 

 

18,003

 

 

6,489,156

 

 

28,086

 

 

4,891,283

 

Investments in Funds, at cost

$

10,334,800

 

$

106,677

 

$

46,097,796

 

$

554,707

 

$

67,859,450

 

$

297,352

 

$

98,788,842

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Mellon Consumer Staples Sector Fund - Class A

 

JNL/Mellon Consumer Staples Sector Fund - Class I

 

JNL/Mellon Dow Index Fund - Class A

 

JNL/Mellon Dow Index Fund - Class I

 

JNL/Mellon Emerging Markets Index Fund - Class A

 

JNL/Mellon Emerging Markets Index Fund - Class I

 

JNL/Mellon Energy Sector Fund - Class A

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

2,374,925

 

$

11,295

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

141,849

 

 

241

 

 

590,034

 

 

1,921

 

 

1,012,223

 

 

1,391

 

 

943,195

 

Total expenses

 

141,849

 

 

241

 

 

590,034

 

 

1,921

 

 

1,012,223

 

 

1,391

 

 

943,195

 

Net investment income (loss)

 

(141,849

)

 

(241

)

 

(590,034

)

 

(1,921

)

 

1,362,702

 

 

9,904

 

 

(943,195

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from investment companies

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments

 

261,748

 

 

1,642

 

 

1,950,805

 

 

41,408

 

 

217,823

 

 

1,046

 

 

(13,333,227

)

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

1,088,381

 

 

5,901

 

 

5,466,530

 

 

94,566

 

 

8,663,809

 

 

47,062

 

 

(12,870,351

)

Net realized and unrealized gain (loss)

 

1,350,129

 

 

7,543

 

 

7,417,335

 

 

135,974

 

 

8,881,632

 

 

48,108

 

 

(26,203,578

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

1,208,280

 

$

7,302

 

$

6,827,301

 

$

134,053

 

$

10,244,334

 

$

58,012

 

$

(27,146,773

)

See Notes to the Financial Statements.

24


N-VPFS25th “Page” of 183TOC1stPreviousNextBottomJust 25th
                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Mellon Energy Sector Fund - Class I

 

JNL/Mellon Equity Income Fund - Class A

 

JNL/Mellon Equity Income Fund - Class I

 

JNL/Mellon Financial Sector Fund - Class A

 

JNL/Mellon Financial Sector Fund - Class I

 

JNL/Mellon Healthcare Sector Fund - Class A

 

JNL/Mellon Healthcare Sector Fund - Class I

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments, at fair value

$

82,954

 

$

19,370,699

 

$

158,264

 

$

100,482,605

 

$

92,872

 

$

320,566,345

 

$

556,362

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

1

 

 

6,414

 

 

2

 

 

70,895

 

 

14

 

 

525,094

 

 

8

 

 

Investment Division units sold

 

 

 

4,906

 

 

 

 

15,300

 

 

 

 

367,888

 

 

 

Total assets

 

82,955

 

 

19,382,019

 

 

158,266

 

 

100,568,800

 

 

92,886

 

 

321,459,327

 

 

556,370

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

 

 

4,906

 

 

 

 

15,300

 

 

 

 

367,888

 

 

 

 

Investment Division units redeemed

 

 

 

5,786

 

 

 

 

66,967

 

 

13

 

 

512,618

 

 

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

1

 

 

628

 

 

2

 

 

3,928

 

 

1

 

 

12,476

 

 

8

 

Total liabilities

 

1

 

 

11,320

 

 

2

 

 

86,195

 

 

14

 

 

892,982

 

 

8

 

Net assets

$

82,954

 

$

19,370,699

 

$

158,264

 

$

100,482,605

 

$

92,872

 

$

320,566,345

 

$

556,362

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

5,582

 

 

1,028,715

 

 

8,334

 

 

6,840,205

 

 

6,258

 

 

8,564,423

 

 

14,680

 

Investments in Funds, at cost

$

78,390

 

$

16,074,516

 

$

136,994

 

$

83,534,898

 

$

79,512

 

$

229,494,893

 

$

465,559

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Mellon Energy Sector Fund - Class I

 

JNL/Mellon Equity Income Fund - Class A

 

JNL/Mellon Equity Income Fund - Class I

 

JNL/Mellon Financial Sector Fund - Class A

 

JNL/Mellon Financial Sector Fund - Class I

 

JNL/Mellon Healthcare Sector Fund - Class A

 

JNL/Mellon Healthcare Sector Fund - Class I

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

181

 

 

208,545

 

 

472

 

 

1,296,971

 

 

350

 

 

4,108,379

 

 

2,152

 

Total expenses

 

181

 

 

208,545

 

 

472

 

 

1,296,971

 

 

350

 

 

4,108,379

 

 

2,152

 

Net investment income (loss)

 

(181

)

 

(208,545

)

 

(472

)

 

(1,296,971

)

 

(350

)

 

(4,108,379

)

 

(2,152

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from investment companies

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments

 

3,196

 

 

(137,110

)

 

(283

)

 

123,960

 

 

(669

)

 

16,993,654

 

 

11,556

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

4,858

 

 

(45,260

)

 

16,684

 

 

(4,548,037

)

 

6,408

 

 

30,827,178

 

 

51,424

 

Net realized and unrealized gain (loss)

 

8,054

 

 

(182,370

)

 

16,401

 

 

(4,424,077

)

 

5,739

 

 

47,820,832

 

 

62,980

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

7,873

 

$

(390,915

)

$

15,929

 

$

(5,721,048

)

$

5,389

 

$

43,712,453

 

$

60,828

 

See Notes to the Financial Statements.

25


N-VPFS26th “Page” of 183TOC1stPreviousNextBottomJust 26th
                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Mellon Index 5 Fund - Class A

 

JNL/Mellon Index 5 Fund - Class I

 

JNL/Mellon Industrials Sector Fund - Class A

 

JNL/Mellon Industrials Sector Fund - Class I

 

JNL/Mellon Information Technology Sector Fund - Class A

 

JNL/Mellon Information Technology Sector Fund - Class I

 

JNL/Mellon International Index Fund - Class A

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments, at fair value

$

112,972,276

 

$

340,511

 

$

7,028,745

 

$

37,238

 

$

430,132,581

 

$

1,098,834

 

$

103,911,682

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

39,837

 

 

5

 

 

73,479

 

 

 

 

726,806

 

 

14

 

 

10,281

 

 

Investment Division units sold

 

418

 

 

 

 

17,599

 

 

 

 

159,916

 

 

 

 

279,529

 

Total assets

 

113,012,531

 

 

340,516

 

 

7,119,823

 

 

37,238

 

 

431,019,303

 

 

1,098,848

 

 

104,201,492

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

418

 

 

 

 

17,599

 

 

 

 

159,916

 

 

 

 

279,529

 

 

Investment Division units redeemed

 

35,157

 

 

 

 

73,207

 

 

 

 

709,677

 

 

 

 

6,247

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

4,680

 

 

5

 

 

272

 

 

 

 

17,129

 

 

14

 

 

4,034

 

Total liabilities

 

40,255

 

 

5

 

 

91,078

 

 

 

 

886,722

 

 

14

 

 

289,810

 

Net assets

$

112,972,276

 

$

340,511

 

$

7,028,745

 

$

37,238

 

$

430,132,581

 

$

1,098,834

 

$

103,911,682

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

6,146,479

 

 

18,327

 

 

521,420

 

 

2,734

 

 

13,387,257

 

 

33,258

 

 

7,302,297

 

Investments in Funds, at cost

$

79,960,073

 

$

287,629

 

$

5,993,062

 

$

28,330

 

$

237,457,250

 

$

842,803

 

$

98,426,088

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Mellon Index 5 Fund - Class A

 

JNL/Mellon Index 5 Fund - Class I

 

JNL/Mellon Industrials Sector Fund - Class A

 

JNL/Mellon Industrials Sector Fund - Class I

 

JNL/Mellon Information Technology Sector Fund - Class A

 

JNL/Mellon Information Technology Sector Fund - Class I

 

JNL/Mellon International Index Fund - Class A

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

 

$

 

$

3,266,714

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

1,556,649

 

 

724

 

 

55,245

 

 

111

 

 

5,003,077

 

 

2,734

 

 

1,335,769

 

Total expenses

 

1,556,649

 

 

724

 

 

55,245

 

 

111

 

 

5,003,077

 

 

2,734

 

 

1,335,769

 

Net investment income (loss)

 

(1,556,649

)

 

(724

)

 

(55,245

)

 

(111

)

 

(5,003,077

)

 

(2,734

)

 

1,930,945

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from investment companies

 

 

 

 

 

 

 

 

 

 

 

 

 

1,028,670

 

 

Investments

 

3,762,363

 

 

69

 

 

54,793

 

 

3,142

 

 

45,340,348

 

 

45,273

 

 

(2,338,760

)

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

8,308,145

 

 

52,882

 

 

707,134

 

 

5,771

 

 

87,948,589

 

 

210,157

 

 

4,293,358

 

Net realized and unrealized gain (loss)

 

12,070,508

 

 

52,951

 

 

761,927

 

 

8,913

 

 

133,288,937

 

 

255,430

 

 

2,983,268

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

10,513,859

 

$

52,227

 

$

706,682

 

$

8,802

 

$

128,285,860

 

$

252,696

 

$

4,914,213

 

See Notes to the Financial Statements.

26


N-VPFS27th “Page” of 183TOC1stPreviousNextBottomJust 27th
                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Mellon International Index Fund - Class I

 

JNL/Mellon Materials Sector Fund - Class A

 

JNL/Mellon Materials Sector Fund - Class I

 

JNL/Mellon MSCI KLD 400 Social Index Fund - Class A

 

JNL/Mellon MSCI KLD 400 Social Index Fund - Class I

 

JNL/Mellon MSCI World Index Fund - Class A

 

JNL/Mellon MSCI World Index Fund - Class I

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments, at fair value

$

771,948

 

$

4,958,842

 

$

36,321

 

$

13,222,011

 

$

255,379

 

$

9,909,668

 

$

150,391

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

9

 

 

281

 

 

 

 

512

 

 

3

 

 

450

 

 

2

 

 

Investment Division units sold

 

 

 

 

 

 

 

5,000

 

 

 

 

 

 

 

Total assets

 

771,957

 

 

4,959,123

 

 

36,321

 

 

13,227,523

 

 

255,382

 

 

9,910,118

 

 

150,393

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

 

 

 

 

 

 

5,000

 

 

 

 

 

 

 

 

Investment Division units redeemed

 

 

 

95

 

 

 

 

29

 

 

 

 

107

 

 

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

9

 

 

186

 

 

 

 

483

 

 

3

 

 

343

 

 

2

 

Total liabilities

 

9

 

 

281

 

 

 

 

5,512

 

 

3

 

 

450

 

 

2

 

Net assets

$

771,948

 

$

4,958,842

 

$

36,321

 

$

13,222,011

 

$

255,379

 

$

9,909,668

 

$

150,391

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

51,739

 

 

391,076

 

 

2,835

 

 

795,548

 

 

15,237

 

 

319,461

 

 

4,826

 

Investments in Funds, at cost

$

687,070

 

$

4,308,910

 

$

34,937

 

$

10,711,203

 

$

228,501

 

$

8,360,164

 

$

135,757

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Mellon International Index Fund - Class I

 

JNL/Mellon Materials Sector Fund - Class A

 

JNL/Mellon Materials Sector Fund - Class I

 

JNL/Mellon MSCI KLD 400 Social Index Fund - Class A

 

JNL/Mellon MSCI KLD 400 Social Index Fund - Class I

 

JNL/Mellon MSCI World Index Fund - Class A

 

JNL/Mellon MSCI World Index Fund - Class I

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

25,219

 

$

 

$

 

$

 

$

 

$

172,784

 

$

3,101

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

2,233

 

 

34,793

 

 

17

 

 

114,077

 

 

337

 

 

109,878

 

 

431

 

Total expenses

 

2,233

 

 

34,793

 

 

17

 

 

114,077

 

 

337

 

 

109,878

 

 

431

 

Net investment income (loss)

 

22,986

 

 

(34,793

)

 

(17

)

 

(114,077

)

 

(337

)

 

62,906

 

 

2,670

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from investment companies

 

7,251

 

 

 

 

 

 

 

 

 

 

54,962

 

 

841

 

 

Investments

 

(6,215

)

 

92,013

 

 

(35

)

 

278,718

 

 

109

 

 

140,774

 

 

(78

)

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

71,738

 

 

503,682

 

 

1,193

 

 

1,702,430

 

 

22,618

 

 

1,157,962

 

 

14,634

 

Net realized and unrealized gain (loss)

 

72,774

 

 

595,695

 

 

1,158

 

 

1,981,148

 

 

22,727

 

 

1,353,698

 

 

15,397

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

95,760

 

$

560,902

 

$

1,141

 

$

1,867,071

 

$

22,390

 

$

1,416,604

 

$

18,067

 

See Notes to the Financial Statements.

27


N-VPFS28th “Page” of 183TOC1stPreviousNextBottomJust 28th
                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Mellon Nasdaq® 100 Index Fund - Class A

 

JNL/Mellon Nasdaq® 100 Index Fund - Class I

 

JNL/Mellon Real Estate Sector Fund - Class A

 

JNL/Mellon Real Estate Sector Fund - Class I

 

JNL/Mellon S&P 400 MidCap Index Fund - Class A

 

JNL/Mellon S&P 400 MidCap Index Fund - Class I

 

JNL/Mellon S&P 500 Index Fund - Class A

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments, at fair value

$

386,476,041

 

$

2,153,005

 

$

12,833,620

 

$

203,402

 

$

246,216,625

 

$

1,718,519

 

$

890,048,440

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

504,377

 

 

29

 

 

9,631

 

 

3

 

 

45,806

 

 

23

 

 

366,939

 

 

Investment Division units sold

 

570,638

 

 

 

 

2,957

 

 

 

 

6,084

 

 

 

 

53,927

 

Total assets

 

387,551,056

 

 

2,153,034

 

 

12,846,208

 

 

203,405

 

 

246,268,515

 

 

1,718,542

 

 

890,469,306

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

570,638

 

 

 

 

2,957

 

 

 

 

6,084

 

 

 

 

53,927

 

 

Investment Division units redeemed

 

489,678

 

 

 

 

9,127

 

 

 

 

36,297

 

 

 

 

332,698

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

14,699

 

 

29

 

 

504

 

 

3

 

 

9,509

 

 

23

 

 

34,241

 

Total liabilities

 

1,075,015

 

 

29

 

 

12,588

 

 

3

 

 

51,890

 

 

23

 

 

420,866

 

Net assets

$

386,476,041

 

$

2,153,005

 

$

12,833,620

 

$

203,402

 

$

246,216,625

 

$

1,718,519

 

$

890,048,440

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

8,374,345

 

 

70,544

 

 

1,093,153

 

 

17,208

 

 

9,693,568

 

 

65,894

 

 

31,251,701

 

Investments in Funds, at cost

$

253,014,405

 

$

1,683,733

 

$

12,367,242

 

$

187,544

 

$

188,324,523

 

$

1,424,227

 

$

641,769,183

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Mellon Nasdaq® 100 Index Fund - Class A

 

JNL/Mellon Nasdaq® 100 Index Fund - Class I

 

JNL/Mellon Real Estate Sector Fund - Class A

 

JNL/Mellon Real Estate Sector Fund - Class I

 

JNL/Mellon S&P 400 MidCap Index Fund - Class A

 

JNL/Mellon S&P 400 MidCap Index Fund - Class I

 

JNL/Mellon S&P 500 Index Fund - Class A

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

3,941,717

 

 

4,999

 

 

155,011

 

 

684

 

 

2,897,925

 

 

3,797

 

 

10,838,017

 

Total expenses

 

3,941,717

 

 

4,999

 

 

155,011

 

 

684

 

 

2,897,925

 

 

3,797

 

 

10,838,017

 

Net investment income (loss)

 

(3,941,717

)

 

(4,999

)

 

(155,011

)

 

(684

)

 

(2,897,925

)

 

(3,797

)

 

(10,838,017

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from investment companies

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments

 

38,002,135

 

 

74,017

 

 

(329,717

)

 

(78

)

 

2,102,322

 

 

(6,120

)

 

39,320,936

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

83,247,782

 

 

414,473

 

 

(400,918

)

 

3,133

 

 

29,514,129

 

 

249,698

 

 

102,108,908

 

Net realized and unrealized gain (loss)

 

121,249,917

 

 

488,490

 

 

(730,635

)

 

3,055

 

 

31,616,451

 

 

243,578

 

 

141,429,844

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

117,308,200

 

$

483,491

 

$

(885,646

)

$

2,371

 

$

28,718,526

 

$

239,781

 

$

130,591,827

 

See Notes to the Financial Statements.

28


N-VPFS29th “Page” of 183TOC1stPreviousNextBottomJust 29th
                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Mellon Small Cap Index Fund - Class A

 

JNL/Mellon Small Cap Index Fund - Class I

 

JNL/Mellon Utilities Sector Fund - Class A

 

JNL/Mellon Utilities Sector Fund - Class I

 

JNL/MFS Mid Cap Value Fund - Class A

 

JNL/MFS Mid Cap Value Fund - Class I

 

JNL/Morningstar Wide Moat Index Fund - Class A

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments, at fair value

$

180,303,176

 

$

1,344,009

 

$

16,128,378

 

$

88,757

 

$

131,352,625

 

$

218,013

 

$

13,591,386

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

177,977

 

 

82

 

 

11,709

 

 

1

 

 

70,197

 

 

3

 

 

1,890

 

 

Investment Division units sold

 

24,615

 

 

 

 

3,598

 

 

 

 

101,533

 

 

 

 

 

Total assets

 

180,505,768

 

 

1,344,091

 

 

16,143,685

 

 

88,758

 

 

131,524,355

 

 

218,016

 

 

13,593,276

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

24,615

 

 

 

 

3,598

 

 

 

 

101,533

 

 

 

 

 

 

Investment Division units redeemed

 

170,940

 

 

63

 

 

11,111

 

 

 

 

64,918

 

 

 

 

1,391

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

7,037

 

 

19

 

 

598

 

 

1

 

 

5,279

 

 

3

 

 

499

 

Total liabilities

 

202,592

 

 

82

 

 

15,307

 

 

1

 

 

171,730

 

 

3

 

 

1,890

 

Net assets

$

180,303,176

 

$

1,344,009

 

$

16,128,378

 

$

88,757

 

$

131,352,625

 

$

218,013

 

$

13,591,386

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

8,335,792

 

 

60,514

 

 

1,009,285

 

 

5,503

 

 

9,594,786

 

 

15,718

 

 

1,031,213

 

Investments in Funds, at cost

$

144,298,863

 

$

1,093,773

 

$

14,995,143

 

$

83,984

 

$

107,280,716

 

$

178,063

 

$

11,896,485

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Mellon Small Cap Index Fund - Class A

 

JNL/Mellon Small Cap Index Fund - Class I

 

JNL/Mellon Utilities Sector Fund - Class A

 

JNL/Mellon Utilities Sector Fund - Class I

 

JNL/MFS Mid Cap Value Fund - Class A

 

JNL/MFS Mid Cap Value Fund - Class I

 

JNL/Morningstar Wide Moat Index Fund - Class A

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

 

$

 

$

144,951

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

2,123,882

 

 

3,782

 

 

221,880

 

 

379

 

 

1,591,022

 

 

668

 

 

140,609

 

Total expenses

 

2,123,882

 

 

3,782

 

 

221,880

 

 

379

 

 

1,591,022

 

 

668

 

 

140,609

 

Net investment income (loss)

 

(2,123,882

)

 

(3,782

)

 

(221,880

)

 

(379

)

 

(1,591,022

)

 

(668

)

 

4,342

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from investment companies

 

 

 

 

 

 

 

 

 

 

 

 

 

783,624

 

 

Investments

 

(2,381,729

)

 

(35,367

)

 

50,051

 

 

147

 

 

998,632

 

 

229

 

 

224,094

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

19,420,698

 

 

213,319

 

 

(627,199

)

 

(1,037

)

 

11,988,811

 

 

31,026

 

 

924,167

 

Net realized and unrealized gain (loss)

 

17,038,969

 

 

177,952

 

 

(577,148

)

 

(890

)

 

12,987,443

 

 

31,255

 

 

1,931,885

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

14,915,087

 

$

174,170

 

$

(799,028

)

$

(1,269

)

$

11,396,421

 

$

30,587

 

$

1,936,227

 

See Notes to the Financial Statements.

29


N-VPFS30th “Page” of 183TOC1stPreviousNextBottomJust 30th
                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Morningstar Wide Moat Index Fund - Class I

 

JNL/Neuberger Berman Commodity Strategy Fund - Class A

 

JNL/Neuberger Berman Strategic Income Fund - Class A

 

JNL/Neuberger Berman Strategic Income Fund - Class I

 

JNL/PIMCO Income Fund - Class A

 

JNL/PIMCO Income Fund - Class I

 

JNL/PIMCO Investment Grade Credit Bond Fund - Class A

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments, at fair value

$

171,903

 

$

1,002,597

 

$

45,063,368

 

$

168,529

 

$

47,821,993

 

$

513,974

 

$

48,124,993

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

93

 

 

28

 

 

2,999

 

 

2

 

 

53,869

 

 

8

 

 

104,926

 

 

Investment Division units sold

 

 

 

 

 

496

 

 

 

 

36,877

 

 

 

 

8,984

 

Total assets

 

171,996

 

 

1,002,625

 

 

45,066,863

 

 

168,531

 

 

47,912,739

 

 

513,982

 

 

48,238,903

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

 

 

 

 

496

 

 

 

 

36,877

 

 

 

 

8,984

 

 

Investment Division units redeemed

 

91

 

 

 

 

1,263

 

 

 

 

52,154

 

 

 

 

103,144

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

2

 

 

28

 

 

1,736

 

 

2

 

 

1,715

 

 

8

 

 

1,782

 

Total liabilities

 

93

 

 

28

 

 

3,495

 

 

2

 

 

90,746

 

 

8

 

 

113,910

 

Net assets

$

171,903

 

$

1,002,597

 

$

45,063,368

 

$

168,529

 

$

47,821,993

 

$

513,974

 

$

48,124,993

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

12,964

 

 

94,406

 

 

3,736,598

 

 

13,825

 

 

4,335,629

 

 

46,179

 

 

3,551,660

 

Investments in Funds, at cost

$

160,521

 

$

967,756

 

$

41,113,703

 

$

152,880

 

$

44,693,309

 

$

486,923

 

$

44,317,840

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Morningstar Wide Moat Index Fund - Class I

 

JNL/Neuberger Berman Commodity Strategy Fund - Class A

 

JNL/Neuberger Berman Strategic Income Fund - Class A

 

JNL/Neuberger Berman Strategic Income Fund - Class I

 

JNL/PIMCO Income Fund - Class A

 

JNL/PIMCO Income Fund - Class I

 

JNL/PIMCO Investment Grade Credit Bond Fund - Class A

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

2,030

 

$

 

$

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

442

 

 

8,245

 

 

640,096

 

 

763

 

 

564,305

 

 

2,154

 

 

607,168

 

Total expenses

 

442

 

 

8,245

 

 

640,096

 

 

763

 

 

564,305

 

 

2,154

 

 

607,168

 

Net investment income (loss)

 

1,588

 

 

(8,245

)

 

(640,096

)

 

(763

)

 

(564,305

)

 

(2,154

)

 

(607,168

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from investment companies

 

10,050

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments

 

275

 

 

(87,540

)

 

269,738

 

 

1,959

 

 

98,121

 

 

(104

)

 

1,576,683

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

8,883

 

 

72,476

 

 

2,608,259

 

 

11,344

 

 

2,279,900

 

 

24,090

 

 

2,608,836

 

Net realized and unrealized gain (loss)

 

19,208

 

 

(15,064

)

 

2,877,997

 

 

13,303

 

 

2,378,021

 

 

23,986

 

 

4,185,519

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

20,796

 

$

(23,309

)

$

2,237,901

 

$

12,540

 

$

1,813,716

 

$

21,832

 

$

3,578,351

 

See Notes to the Financial Statements.

30


N-VPFS31st “Page” of 183TOC1stPreviousNextBottomJust 31st
                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/PIMCO Investment Grade Credit Bond Fund - Class I

 

JNL/PIMCO Real Return Fund - Class A

 

JNL/PIMCO Real Return Fund - Class I

 

JNL/PPM America Floating Rate Income Fund - Class A

 

JNL/PPM America Floating Rate Income Fund - Class I

 

JNL/PPM America High Yield Bond Fund - Class A

 

JNL/PPM America High Yield Bond Fund - Class I

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments, at fair value

$

230,012

 

$

86,992,145

 

$

195,964

 

$

72,155,552

 

$

132,060

 

$

100,578,621

 

$

415,995

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

4

 

 

5,623

 

 

3

 

 

16,895

 

 

2

 

 

75,901

 

 

6

 

 

Investment Division units sold

 

 

 

60,934

 

 

 

 

11,273

 

 

 

 

4,613

 

 

 

Total assets

 

230,016

 

 

87,058,702

 

 

195,967

 

 

72,183,720

 

 

132,062

 

 

100,659,135

 

 

416,001

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

 

 

60,934

 

 

 

 

11,273

 

 

 

 

4,613

 

 

 

 

Investment Division units redeemed

 

 

 

2,262

 

 

 

 

14,205

 

 

 

 

72,055

 

 

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

4

 

 

3,361

 

 

3

 

 

2,690

 

 

2

 

 

3,846

 

 

6

 

Total liabilities

 

4

 

 

66,557

 

 

3

 

 

28,168

 

 

2

 

 

80,514

 

 

6

 

Net assets

$

230,012

 

$

86,992,145

 

$

195,964

 

$

72,155,552

 

$

132,060

 

$

100,578,621

 

$

415,995

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

16,888

 

 

7,454,340

 

 

16,523

 

 

6,565,564

 

 

11,930

 

 

6,884,231

 

 

24,158

 

Investments in Funds, at cost

$

215,274

 

$

80,971,934

 

$

188,954

 

$

69,883,087

 

$

125,349

 

$

92,476,267

 

$

385,573

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/PIMCO Investment Grade Credit Bond Fund - Class I

 

JNL/PIMCO Real Return Fund - Class A

 

JNL/PIMCO Real Return Fund - Class I

 

JNL/PPM America Floating Rate Income Fund - Class A

 

JNL/PPM America Floating Rate Income Fund - Class I

 

JNL/PPM America High Yield Bond Fund - Class A

 

JNL/PPM America High Yield Bond Fund - Class I

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

860

 

 

1,107,475

 

 

561

 

 

1,072,087

 

 

687

 

 

1,403,702

 

 

1,456

 

Total expenses

 

860

 

 

1,107,475

 

 

561

 

 

1,072,087

 

 

687

 

 

1,403,702

 

 

1,456

 

Net investment income (loss)

 

(860

)

 

(1,107,475

)

 

(561

)

 

(1,072,087

)

 

(687

)

 

(1,403,702

)

 

(1,456

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from investment companies

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments

 

983

 

 

298,004

 

 

(15,308

)

 

(516,401

)

 

606

 

 

(266,943

)

 

1,810

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

14,526

 

 

7,433,109

 

 

5,933

 

 

(112,867

)

 

1,654

 

 

4,423,941

 

 

20,527

 

Net realized and unrealized gain (loss)

 

15,509

 

 

7,731,113

 

 

(9,375

)

 

(629,268

)

 

2,260

 

 

4,156,998

 

 

22,337

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

14,649

 

$

6,623,638

 

$

(9,936

)

$

(1,701,355

)

$

1,573

 

$

2,753,296

 

$

20,881

 

See Notes to the Financial Statements.

31


N-VPFS32nd “Page” of 183TOC1stPreviousNextBottomJust 32nd
                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/PPM America Small Cap Value Fund - Class A

 

JNL/PPM America Small Cap Value Fund - Class I

 

JNL/PPM America Total Return Fund - Class A

 

JNL/PPM America Total Return Fund - Class I

 

JNL/RAFI Fundamental Asia Developed Fund - Class A

 

JNL/RAFI Fundamental Asia Developed Fund - Class I

 

JNL/RAFI Fundamental Europe Fund - Class A

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments, at fair value

$

34,036,169

 

$

28,671

 

$

60,879,204

 

$

128,809

 

$

16,919,051

 

$

61,178

 

$

23,619,225

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

22,756

 

 

 

 

253,409

 

 

2

 

 

907

 

 

1

 

 

2,119

 

 

Investment Division units sold

 

6,026

 

 

 

 

260,876

 

 

 

 

5,868

 

 

 

 

8,039

 

Total assets

 

34,064,951

 

 

28,671

 

 

61,393,489

 

 

128,811

 

 

16,925,826

 

 

61,179

 

 

23,629,383

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

6,026

 

 

 

 

260,876

 

 

 

 

5,868

 

 

 

 

8,039

 

 

Investment Division units redeemed

 

21,365

 

 

 

 

251,169

 

 

 

 

257

 

 

 

 

1,198

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

1,391

 

 

 

 

2,240

 

 

2

 

 

650

 

 

1

 

 

921

 

Total liabilities

 

28,782

 

 

 

 

514,285

 

 

2

 

 

6,775

 

 

1

 

 

10,158

 

Net assets

$

34,036,169

 

$

28,671

 

$

60,879,204

 

$

128,809

 

$

16,919,051

 

$

61,178

 

$

23,619,225

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

2,773,934

 

 

2,252

 

 

4,367,231

 

 

9,207

 

 

1,289,562

 

 

4,586

 

 

2,095,761

 

Investments in Funds, at cost

$

33,272,296

 

$

30,777

 

$

56,279,239

 

$

119,850

 

$

17,527,329

 

$

55,946

 

$

25,468,063

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/PPM America Small Cap Value Fund - Class A

 

JNL/PPM America Small Cap Value Fund - Class I

 

JNL/PPM America Total Return Fund - Class A

 

JNL/PPM America Total Return Fund - Class I

 

JNL/RAFI Fundamental Asia Developed Fund - Class A

 

JNL/RAFI Fundamental Asia Developed Fund - Class I

 

JNL/RAFI Fundamental Europe Fund - Class A

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

 

$

 

$

1,341,830

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

457,686

 

 

94

 

 

685,330

 

 

527

 

 

224,935

 

 

184

 

 

331,070

 

Total expenses

 

457,686

 

 

94

 

 

685,330

 

 

527

 

 

224,935

 

 

184

 

 

331,070

 

Net investment income (loss)

 

(457,686

)

 

(94

)

 

(685,330

)

 

(527

)

 

(224,935

)

 

(184

)

 

1,010,760

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from investment companies

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments

 

(2,619,207

)

 

(159

)

 

1,314,949

 

 

(15,395

)

 

(2,100,790

)

 

(70

)

 

(2,240,760

)

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

924,186

 

 

1,500

 

 

2,524,929

 

 

5,585

 

 

2,093,860

 

 

7,672

 

 

(459,694

)

Net realized and unrealized gain (loss)

 

(1,695,021

)

 

1,341

 

 

3,839,878

 

 

(9,810

)

 

(6,930

)

 

7,602

 

 

(2,700,454

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

(2,152,707

)

$

1,247

 

$

3,154,548

 

$

(10,337

)

$

(231,865

)

$

7,418

 

$

(1,689,694

)

See Notes to the Financial Statements.

32


N-VPFS33rd “Page” of 183TOC1stPreviousNextBottomJust 33rd
                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/RAFI Fundamental Europe Fund - Class I

 

JNL/RAFI Fundamental U.S. Small Cap Fund - Class A

 

JNL/RAFI Fundamental U.S. Small Cap Fund - Class I

 

JNL/RAFI Multi-Factor U.S. Equity Fund - Class A

 

JNL/RAFI Multi-Factor U.S. Equity Fund - Class I

 

JNL/T. Rowe Price Balanced Fund - Class A

 

JNL/T. Rowe Price Balanced Fund - Class I

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments, at fair value

$

39,422

 

$

22,640,276

 

$

142,431

 

$

197,667,359

 

$

50,333

 

$

27,221,532

 

$

5,705

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

 

 

12,388

 

 

56

 

 

33,384

 

 

1

 

 

1,019

 

 

 

 

Investment Division units sold

 

 

 

346

 

 

 

 

803

 

 

 

 

 

 

 

Total assets

 

39,422

 

 

22,653,010

 

 

142,487

 

 

197,701,546

 

 

50,334

 

 

27,222,551

 

 

5,705

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

 

 

346

 

 

 

 

803

 

 

 

 

 

 

 

 

Investment Division units redeemed

 

 

 

11,517

 

 

54

 

 

25,018

 

 

 

 

229

 

 

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

 

 

871

 

 

2

 

 

8,366

 

 

1

 

 

790

 

 

 

Total liabilities

 

 

 

12,734

 

 

56

 

 

34,187

 

 

1

 

 

1,019

 

 

 

Net assets

$

39,422

 

$

22,640,276

 

$

142,431

 

$

197,667,359

 

$

50,333

 

$

27,221,532

 

$

5,705

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

3,464

 

 

3,389,263

 

 

21,812

 

 

12,598,302

 

 

3,192

 

 

1,786,190

 

 

371

 

Investments in Funds, at cost

$

39,215

 

$

25,499,907

 

$

121,384

 

$

155,561,132

 

$

41,792

 

$

21,781,593

 

$

5,271

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/RAFI Fundamental Europe Fund - Class I

 

JNL/RAFI Fundamental U.S. Small Cap Fund - Class A

 

JNL/RAFI Fundamental U.S. Small Cap Fund - Class I

 

JNL/RAFI Multi-Factor U.S. Equity Fund - Class A

 

JNL/RAFI Multi-Factor U.S. Equity Fund - Class I

 

JNL/T. Rowe Price Balanced Fund - Class A

 

JNL/T. Rowe Price Balanced Fund - Class I(a)

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

2,315

 

$

 

$

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

124

 

 

284,682

 

 

358

 

 

2,803,460

 

 

302

 

 

254,386

 

 

12

 

Total expenses

 

124

 

 

284,682

 

 

358

 

 

2,803,460

 

 

302

 

 

254,386

 

 

12

 

Net investment income (loss)

 

2,191

 

 

(284,682

)

 

(358

)

 

(2,803,460

)

 

(302

)

 

(254,386

)

 

(12

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from investment companies

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments

 

(15

)

 

(2,860,819

)

 

(71

)

 

2,623,022

 

 

4,682

 

 

809,052

 

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

(172

)

 

4,335,982

 

 

18,878

 

 

13,638,625

 

 

2,398

 

 

1,845,669

 

 

434

 

Net realized and unrealized gain (loss)

 

(187

)

 

1,475,163

 

 

18,807

 

 

16,261,647

 

 

7,080

 

 

2,654,721

 

 

434

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

2,004

 

$

1,190,481

 

$

18,449

 

$

13,458,187

 

$

6,778

 

$

2,400,335

 

$

422

 

  

(a)

The mutual fund's shares, as applicable, became available for investment by the Investment Division on April 27, 2020. The Statement of Operations is from April 27, 2020 through December 31, 2020.

See Notes to the Financial Statements.

33


N-VPFS34th “Page” of 183TOC1stPreviousNextBottomJust 34th
                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/T. Rowe Price Capital Appreciation Fund - Class A

 

JNL/T. Rowe Price Capital Appreciation Fund - Class I

 

JNL/T. Rowe Price Established Growth Fund - Class A

 

JNL/T. Rowe Price Established Growth Fund - Class I

 

JNL/T. Rowe Price Mid-Cap Growth Fund - Class A

 

JNL/T. Rowe Price Mid-Cap Growth Fund - Class I

 

JNL/T. Rowe Price Short-Term Bond Fund - Class A

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments, at fair value

$

524,877,641

 

$

4,277,989

 

$

737,742,758

 

$

3,957,538

 

$

434,827,165

 

$

2,753,286

 

$

81,937,783

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

135,412

 

 

204

 

 

1,637,254

 

 

351

 

 

366,533

 

 

184

 

 

85,662

 

 

Investment Division units sold

 

186,395

 

 

 

 

1,172,192

 

 

 

 

182,263

 

 

 

 

329,737

 

Total assets

 

525,199,448

 

 

4,278,193

 

 

740,552,204

 

 

3,957,889

 

 

435,375,961

 

 

2,753,470

 

 

82,353,182

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

186,395

 

 

 

 

1,172,192

 

 

 

 

182,263

 

 

 

 

329,737

 

 

Investment Division units redeemed

 

116,767

 

 

148

 

 

1,608,779

 

 

302

 

 

348,969

 

 

150

 

 

82,655

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

18,645

 

 

56

 

 

28,475

 

 

49

 

 

17,564

 

 

34

 

 

3,007

 

Total liabilities

 

321,807

 

 

204

 

 

2,809,446

 

 

351

 

 

548,796

 

 

184

 

 

415,399

 

Net assets

$

524,877,641

 

$

4,277,989

 

$

737,742,758

 

$

3,957,538

 

$

434,827,165

 

$

2,753,286

 

$

81,937,783

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

25,945,509

 

 

209,705

 

 

10,799,923

 

 

55,662

 

 

6,274,562

 

 

37,629

 

 

7,751,919

 

Investments in Funds, at cost

$

419,131,908

 

$

3,612,065

 

$

464,275,583

 

$

3,177,338

 

$

282,768,455

 

$

2,255,496

 

$

78,464,450

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/T. Rowe Price Capital Appreciation Fund - Class A

 

JNL/T. Rowe Price Capital Appreciation Fund - Class I

 

JNL/T. Rowe Price Established Growth Fund - Class A

 

JNL/T. Rowe Price Established Growth Fund - Class I

 

JNL/T. Rowe Price Mid-Cap Growth Fund - Class A

 

JNL/T. Rowe Price Mid-Cap Growth Fund - Class I

 

JNL/T. Rowe Price Short-Term Bond Fund - Class A

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

5,275,229

 

 

13,007

 

 

8,872,153

 

 

10,919

 

 

5,567,329

 

 

8,122

 

 

1,015,064

 

Total expenses

 

5,275,229

 

 

13,007

 

 

8,872,153

 

 

10,919

 

 

5,567,329

 

 

8,122

 

 

1,015,064

 

Net investment income (loss)

 

(5,275,229

)

 

(13,007

)

 

(8,872,153

)

 

(10,919

)

 

(5,567,329

)

 

(8,122

)

 

(1,015,064

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from investment companies

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments

 

15,360,232

 

 

31,705

 

 

52,453,058

 

 

178,385

 

 

23,139,902

 

 

54,559

 

 

1,192,643

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

61,012,546

 

 

530,508

 

 

150,350,826

 

 

662,414

 

 

58,287,743

 

 

393,732

 

 

1,579,082

 

Net realized and unrealized gain (loss)

 

76,372,778

 

 

562,213

 

 

202,803,884

 

 

840,799

 

 

81,427,645

 

 

448,291

 

 

2,771,725

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

71,097,549

 

$

549,206

 

$

193,931,731

 

$

829,880

 

$

75,860,316

 

$

440,169

 

$

1,756,661

 

See Notes to the Financial Statements.

34


N-VPFS35th “Page” of 183TOC1stPreviousNextBottomJust 35th
                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/T. Rowe Price Short-Term Bond Fund - Class I

 

JNL/T. Rowe Price U.S. High Yield Fund - Class A

 

JNL/T. Rowe Price U.S. High Yield Fund - Class I

 

JNL/T. Rowe Price Value Fund - Class A

 

JNL/T. Rowe Price Value Fund - Class I

 

JNL/Vanguard Capital Growth Fund - Class A

 

JNL/Vanguard Capital Growth Fund - Class I

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments, at fair value

$

1,444,632

 

$

9,548,448

 

$

24,071

 

$

202,461,004

 

$

2,081,265

 

$

41,416,564

 

$

1,812,352

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

16

 

 

465

 

 

 

 

39,574

 

 

24

 

 

2,296

 

 

23

 

 

Investment Division units sold

 

 

 

5,000

 

 

 

 

159,183

 

 

 

 

17,115

 

 

 

Total assets

 

1,444,648

 

 

9,553,913

 

 

24,071

 

 

202,659,761

 

 

2,081,289

 

 

41,435,975

 

 

1,812,375

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

 

 

5,000

 

 

 

 

159,183

 

 

 

 

17,115

 

 

 

 

Investment Division units redeemed

 

 

 

131

 

 

 

 

31,290

 

 

 

 

713

 

 

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

16

 

 

334

 

 

 

 

8,284

 

 

24

 

 

1,583

 

 

23

 

Total liabilities

 

16

 

 

5,465

 

 

 

 

198,757

 

 

24

 

 

19,411

 

 

23

 

Net assets

$

1,444,632

 

$

9,548,448

 

$

24,071

 

$

202,461,004

 

$

2,081,265

 

$

41,416,564

 

$

1,812,352

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

134,509

 

 

837,583

 

 

2,117

 

 

10,588,965

 

 

103,289

 

 

2,656,611

 

 

114,997

 

Investments in Funds, at cost

$

1,383,101

 

$

8,912,412

 

$

22,678

 

$

165,807,343

 

$

1,804,386

 

$

32,372,272

 

$

1,409,081

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/T. Rowe Price Short-Term Bond Fund - Class I

 

JNL/T. Rowe Price U.S. High Yield Fund - Class A

 

JNL/T. Rowe Price U.S. High Yield Fund - Class I

 

JNL/T. Rowe Price Value Fund - Class A

 

JNL/T. Rowe Price Value Fund - Class I

 

JNL/Vanguard Capital Growth Fund - Class A

 

JNL/Vanguard Capital Growth Fund - Class I

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

6,047

 

 

107,223

 

 

176

 

 

2,589,050

 

 

5,909

 

 

493,555

 

 

5,767

 

Total expenses

 

6,047

 

 

107,223

 

 

176

 

 

2,589,050

 

 

5,909

 

 

493,555

 

 

5,767

 

Net investment income (loss)

 

(6,047

)

 

(107,223

)

 

(176

)

 

(2,589,050

)

 

(5,909

)

 

(493,555

)

 

(5,767

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from investment companies

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments

 

643

 

 

7,568

 

 

677

 

 

526,492

 

 

(47,932

)

 

1,204,596

 

 

(5,230

)

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

55,747

 

 

294,753

 

 

1,097

 

 

18,716,137

 

 

247,684

 

 

4,082,768

 

 

381,951

 

Net realized and unrealized gain (loss)

 

56,390

 

 

302,321

 

 

1,774

 

 

19,242,629

 

 

199,752

 

 

5,287,364

 

 

376,721

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

50,343

 

$

195,098

 

$

1,598

 

$

16,653,579

 

$

193,843

 

$

4,793,809

 

$

370,954

 

See Notes to the Financial Statements.

35


N-VPFS36th “Page” of 183TOC1stPreviousNextBottomJust 36th
                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Vanguard Equity Income Fund - Class A

 

JNL/Vanguard Equity Income Fund - Class I

 

JNL/Vanguard Global Bond Market Index Fund - Class A

 

JNL/Vanguard Global Bond Market Index Fund - Class I

 

JNL/Vanguard Growth ETF Allocation Fund - Class A

 

JNL/Vanguard Growth ETF Allocation Fund - Class I

 

JNL/Vanguard International Fund - Class A

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments, at fair value

$

45,269,477

 

$

2,157,140

 

$

13,489,830

 

$

547,655

 

$

35,096,090

 

$

1,721,109

 

$

97,027,914

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

2,577

 

 

29

 

 

865

 

 

7

 

 

2,533

 

 

23

 

 

313,323

 

 

Investment Division units sold

 

31,287

 

 

 

 

 

 

 

 

10,000

 

 

 

 

289,493

 

Total assets

 

45,303,341

 

 

2,157,169

 

 

13,490,695

 

 

547,662

 

 

35,108,623

 

 

1,721,132

 

 

97,630,730

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

31,287

 

 

 

 

 

 

 

 

10,000

 

 

 

 

289,493

 

 

Investment Division units redeemed

 

836

 

 

 

 

360

 

 

 

 

1,220

 

 

 

 

309,595

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

1,741

 

 

29

 

 

505

 

 

7

 

 

1,313

 

 

23

 

 

3,728

 

Total liabilities

 

33,864

 

 

29

 

 

865

 

 

7

 

 

12,533

 

 

23

 

 

602,816

 

Net assets

$

45,269,477

 

$

2,157,140

 

$

13,489,830

 

$

547,655

 

$

35,096,090

 

$

1,721,109

 

$

97,027,914

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

3,572,966

 

 

168,395

 

 

1,170,992

 

 

47,049

 

 

2,601,638

 

 

125,812

 

 

5,284,745

 

Investments in Funds, at cost

$

39,543,250

 

$

1,812,125

 

$

12,825,782

 

$

529,843

 

$

28,836,960

 

$

1,380,680

 

$

65,078,686

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Vanguard Equity Income Fund - Class A

 

JNL/Vanguard Equity Income Fund - Class I

 

JNL/Vanguard Global Bond Market Index Fund - Class A

 

JNL/Vanguard Global Bond Market Index Fund - Class I

 

JNL/Vanguard Growth ETF Allocation Fund - Class A

 

JNL/Vanguard Growth ETF Allocation Fund - Class I

 

JNL/Vanguard International Fund - Class A

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

486,779

 

 

8,784

 

 

148,841

 

 

2,324

 

 

360,173

 

 

6,263

 

 

856,273

 

Total expenses

 

486,779

 

 

8,784

 

 

148,841

 

 

2,324

 

 

360,173

 

 

6,263

 

 

856,273

 

Net investment income (loss)

 

(486,779

)

 

(8,784

)

 

(148,841

)

 

(2,324

)

 

(360,173

)

 

(6,263

)

 

(856,273

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from investment companies

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments

 

29,862

 

 

(41,744

)

 

342,978

 

 

(6,319

)

 

312,730

 

 

4,661

 

 

3,569,496

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

1,903,230

 

 

245,304

 

 

201,433

 

 

17,148

 

 

4,223,367

 

 

233,243

 

 

26,782,352

 

Net realized and unrealized gain (loss)

 

1,933,092

 

 

203,560

 

 

544,411

 

 

10,829

 

 

4,536,097

 

 

237,904

 

 

30,351,848

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

1,446,313

 

$

194,776

 

$

395,570

 

$

8,505

 

$

4,175,924

 

$

231,641

 

$

29,495,575

 

See Notes to the Financial Statements.

36


N-VPFS37th “Page” of 183TOC1stPreviousNextBottomJust 37th
                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Vanguard International Fund - Class I

 

JNL/Vanguard International Stock Market Index Fund - Class A

 

JNL/Vanguard International Stock Market Index Fund - Class I

 

JNL/Vanguard Moderate ETF Allocation Fund - Class A

 

JNL/Vanguard Moderate ETF Allocation Fund - Class I

 

JNL/Vanguard Moderate Growth ETF Allocation Fund - Class A

 

JNL/Vanguard Moderate Growth ETF Allocation Fund - Class I

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments, at fair value

$

1,611,634

 

$

36,901,470

 

$

984,085

 

$

32,557,019

 

$

1,259,912

 

$

37,467,804

 

$

1,972,390

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

100

 

 

4,793

 

 

134

 

 

1,676

 

 

15

 

 

10,098

 

 

29

 

 

Investment Division units sold

 

 

 

14,665

 

 

 

 

 

 

 

 

1,267

 

 

 

Total assets

 

1,611,734

 

 

36,920,928

 

 

984,219

 

 

32,558,695

 

 

1,259,927

 

 

37,479,169

 

 

1,972,419

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

 

 

14,665

 

 

 

 

 

 

 

 

1,267

 

 

 

 

Investment Division units redeemed

 

80

 

 

3,371

 

 

119

 

 

495

 

 

 

 

8,702

 

 

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

20

 

 

1,422

 

 

15

 

 

1,181

 

 

15

 

 

1,396

 

 

29

 

Total liabilities

 

100

 

 

19,458

 

 

134

 

 

1,676

 

 

15

 

 

11,365

 

 

29

 

Net assets

$

1,611,634

 

$

36,901,470

 

$

984,085

 

$

32,557,019

 

$

1,259,912

 

$

37,467,804

 

$

1,972,390

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

86,974

 

 

3,100,964

 

 

81,939

 

 

2,627,685

 

 

100,311

 

 

2,897,742

 

 

150,449

 

Investments in Funds, at cost

$

1,126,692

 

$

30,821,427

 

$

841,157

 

$

28,369,028

 

$

1,082,867

 

$

31,705,339

 

$

1,725,490

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Vanguard International Fund - Class I

 

JNL/Vanguard International Stock Market Index Fund - Class A

 

JNL/Vanguard International Stock Market Index Fund - Class I

 

JNL/Vanguard Moderate ETF Allocation Fund - Class A

 

JNL/Vanguard Moderate ETF Allocation Fund - Class I

 

JNL/Vanguard Moderate Growth ETF Allocation Fund - Class A

 

JNL/Vanguard Moderate Growth ETF Allocation Fund - Class I

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

3,760

 

 

398,078

 

 

2,412

 

 

349,295

 

 

5,235

 

 

442,594

 

 

5,680

 

Total expenses

 

3,760

 

 

398,078

 

 

2,412

 

 

349,295

 

 

5,235

 

 

442,594

 

 

5,680

 

Net investment income (loss)

 

(3,760

)

 

(398,078

)

 

(2,412

)

 

(349,295

)

 

(5,235

)

 

(442,594

)

 

(5,680

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from investment companies

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments

 

7,024

 

 

(391,074

)

 

(2,850

)

 

246,401

 

 

(21,399

)

 

524,355

 

 

176

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

460,923

 

 

3,837,794

 

 

109,485

 

 

2,439,079

 

 

121,534

 

 

3,259,749

 

 

225,441

 

Net realized and unrealized gain (loss)

 

467,947

 

 

3,446,720

 

 

106,635

 

 

2,685,480

 

 

100,135

 

 

3,784,104

 

 

225,617

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

464,187

 

$

3,048,642

 

$

104,223

 

$

2,336,185

 

$

94,900

 

$

3,341,510

 

$

219,937

 

See Notes to the Financial Statements.

37


N-VPFS38th “Page” of 183TOC1stPreviousNextBottomJust 38th
                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Vanguard Small Company Growth Fund - Class A

 

JNL/Vanguard Small Company Growth Fund - Class I

 

JNL/Vanguard U.S. Stock Market Index Fund - Class A

 

JNL/Vanguard U.S. Stock Market Index Fund - Class I

 

JNL/WCM Focused International Equity Fund - Class A

 

JNL/WCM Focused International Equity Fund - Class I

 

JNL/Westchester Capital Event Driven Fund - Class A

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments, at fair value

$

20,107,085

 

$

410,194

 

$

82,764,484

 

$

104,502

 

$

27,749,546

 

$

884,790

 

$

2,045,285

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

2,376

 

 

139

 

 

116,029

 

 

1

 

 

12,319

 

 

10

 

 

80

 

 

Investment Division units sold

 

 

 

 

 

15,597

 

 

 

 

1,500

 

 

 

 

5,088

 

Total assets

 

20,109,461

 

 

410,333

 

 

82,896,110

 

 

104,503

 

 

27,763,365

 

 

884,800

 

 

2,050,453

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

 

 

 

 

15,597

 

 

 

 

1,500

 

 

 

 

5,088

 

 

Investment Division units redeemed

 

1,611

 

 

133

 

 

112,816

 

 

 

 

11,305

 

 

 

 

17

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

765

 

 

6

 

 

3,213

 

 

1

 

 

1,014

 

 

10

 

 

63

 

Total liabilities

 

2,376

 

 

139

 

 

131,626

 

 

1

 

 

13,819

 

 

10

 

 

5,168

 

Net assets

$

20,107,085

 

$

410,194

 

$

82,764,484

 

$

104,502

 

$

27,749,546

 

$

884,790

 

$

2,045,285

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

1,303,961

 

 

26,328

 

 

5,244,898

 

 

6,548

 

 

1,279,370

 

 

40,661

 

 

173,182

 

Investments in Funds, at cost

$

14,911,364

 

$

306,396

 

$

64,256,154

 

$

77,772

 

$

21,200,273

 

$

692,441

 

$

1,803,237

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Vanguard Small Company Growth Fund - Class A

 

JNL/Vanguard Small Company Growth Fund - Class I

 

JNL/Vanguard U.S. Stock Market Index Fund - Class A

 

JNL/Vanguard U.S. Stock Market Index Fund - Class I

 

JNL/WCM Focused International Equity Fund - Class A

 

JNL/WCM Focused International Equity Fund - Class I

 

JNL/Westchester Capital Event Driven Fund - Class A

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

59,102

 

$

2,629

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

255,030

 

 

1,654

 

 

824,976

 

 

455

 

 

268,538

 

 

2,139

 

 

24,839

 

Total expenses

 

255,030

 

 

1,654

 

 

824,976

 

 

455

 

 

268,538

 

 

2,139

 

 

24,839

 

Net investment income (loss)

 

(255,030

)

 

(1,654

)

 

(824,976

)

 

(455

)

 

(209,436

)

 

490

 

 

(24,839

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from investment companies

 

 

 

 

 

 

 

 

 

495,094

 

 

15,025

 

 

 

 

Investments

 

195,405

 

 

(1,274

)

 

1,163,124

 

 

181

 

 

1,056,695

 

 

(30,362

)

 

(14,020

)

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

3,169,004

 

 

78,041

 

 

10,961,886

 

 

17,704

 

 

4,728,484

 

 

187,229

 

 

(2,141

)

Net realized and unrealized gain (loss)

 

3,364,409

 

 

76,767

 

 

12,125,010

 

 

17,885

 

 

6,280,273

 

 

171,892

 

 

(16,161

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

3,109,379

 

$

75,113

 

$

11,300,034

 

$

17,430

 

$

6,070,837

 

$

172,382

 

$

(41,000

)

See Notes to the Financial Statements.

38


N-VPFS39th “Page” of 183TOC1stPreviousNextBottomJust 39th
                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Westchester Capital Event Driven Fund - Class I

 

JNL/WMC Balanced Fund - Class A

 

JNL/WMC Balanced Fund - Class I

 

JNL/WMC Government Money Market Fund - Class A

 

JNL/WMC Government Money Market Fund - Class I

 

JNL/WMC Value Fund - Class A

 

JNL/WMC Value Fund - Class I

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments, at fair value

$

 

$

532,082,807

 

$

1,128,163

 

$

127,863,389

 

$

2,203,773

 

$

50,085,702

 

$

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

 

 

539,859

 

 

15

 

 

845,471

 

 

26

 

 

69,820

 

 

 

 

Investment Division units sold

 

 

 

134,024

 

 

 

 

631,897

 

 

 

 

83,788

 

 

 

Total assets

 

 

 

532,756,690

 

 

1,128,178

 

 

129,340,757

 

 

2,203,799

 

 

50,239,310

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

 

 

134,024

 

 

 

 

631,897

 

 

 

 

83,788

 

 

 

 

Investment Division units redeemed

 

 

 

519,771

 

 

 

 

841,095

 

 

 

 

67,757

 

 

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

 

 

20,088

 

 

15

 

 

4,376

 

 

26

 

 

2,063

 

 

 

Total liabilities

 

 

 

673,883

 

 

15

 

 

1,477,368

 

 

26

 

 

153,608

 

 

 

Net assets

$

 

$

532,082,807

 

$

1,128,163

 

$

127,863,389

 

$

2,203,773

 

$

50,085,702

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

 

 

18,507,228

 

 

37,756

 

 

127,863,389

 

 

2,203,773

 

 

2,079,108

 

 

 

Investments in Funds, at cost

$

 

$

423,563,674

 

$

907,868

 

$

127,863,389

 

$

2,203,773

 

$

44,500,495

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Westchester Capital Event Driven Fund - Class I

 

JNL/WMC Balanced Fund - Class A

 

JNL/WMC Balanced Fund - Class I

 

JNL/WMC Government Money Market Fund - Class A

 

JNL/WMC Government Money Market Fund - Class I

 

JNL/WMC Value Fund - Class A

 

JNL/WMC Value Fund - Class I

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

210,532

 

$

2,548

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

 

 

6,709,743

 

 

4,607

 

 

1,462,232

 

 

3,966

 

 

705,085

 

 

 

Total expenses

 

 

 

6,709,743

 

 

4,607

 

 

1,462,232

 

 

3,966

 

 

705,085

 

 

 

Net investment income (loss)

 

 

 

(6,709,743

)

 

(4,607

)

 

(1,251,700

)

 

(1,418

)

 

(705,085

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from investment companies

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments

 

 

 

11,831,643

 

 

10,434

 

 

 

 

 

 

(602,438

)

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

 

 

27,254,484

 

 

88,556

 

 

 

 

 

 

587,270

 

 

 

Net realized and unrealized gain (loss)

 

 

 

39,086,127

 

 

98,990

 

 

 

 

 

 

(15,168

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

 

$

32,376,384

 

$

94,383

 

$

(1,251,700

)

$

(1,418

)

$

(720,253

)

$

 

See Notes to the Financial Statements.

39


N-VPFS40th “Page” of 183TOC1stPreviousNextBottomJust 40th
                        

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL Institutional Alt 100 Fund - Class A(a)

 

JNL Institutional Alt 25 Fund - Class A(a)

 

JNL Institutional Alt 25 Fund - Class I(a)

 

JNL Institutional Alt 50 Fund - Class A(a)

 

JNL Institutional Alt 50 Fund - Class I(a)

 

JNL/Eaton Vance Global Macro Absolute Return Advantage Fund - Class A(a)

 

JNL/Eaton Vance Global Macro Absolute Return Advantage Fund - Class I(a)

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

32,516

 

 

566,907

 

 

26

 

 

401,253

 

 

 

 

16,445

 

 

 

Total expenses

 

32,516

 

 

566,907

 

 

26

 

 

401,253

 

 

 

 

16,445

 

 

 

Net investment income (loss)

 

(32,516

)

 

(566,907

)

 

(26

)

 

(401,253

)

 

 

 

(16,445

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from investment companies

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments

 

(579,974

)

 

3,726,453

 

 

(1,131

)

 

2,045,072

 

 

 

 

(308,633

)

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

(591,722

)

 

(20,377,580

)

 

(617

)

 

(12,474,241

)

 

 

 

(246,178

)

 

 

Net realized and unrealized gain (loss)

 

(1,171,696

)

 

(16,651,127

)

 

(1,748

)

 

(10,429,169

)

 

 

 

(554,811

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

(1,204,212

)

$

(17,218,034

)

$

(1,774

)

$

(10,830,422

)

$

 

$

(571,256

)

$

 

  

(a)

The period is from January 1, 2020 through April 24, 2020, the date the Fund was acquired. See Note 1. in the Notes to Financial Statements.

See Notes to the Financial Statements.

40


N-VPFS41st “Page” of 183TOC1stPreviousNextBottomJust 41st
                        

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/FAMCO Flex Core Covered Call Fund - Class A(a)

 

JNL/FAMCO Flex Core Covered Call Fund - Class I(a)

 

JNL/FPA + DoubleLine Flexible Allocation Fund - Class A(a)

 

JNL/FPA + DoubleLine Flexible Allocation Fund - Class I(a)

 

JNL/Franklin Templeton Global Fund - Class A(a)

 

JNL/Franklin Templeton Global Fund - Class I(a)

 

JNL/Goldman Sachs Emerging Markets Debt Fund - Class A(a)

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

45,022

 

 

 

 

300,658

 

 

70

 

 

119,178

 

 

8

 

 

32,738

 

Total expenses

 

45,022

 

 

 

 

300,658

 

 

70

 

 

119,178

 

 

8

 

 

32,738

 

Net investment income (loss)

 

(45,022

)

 

 

 

(300,658

)

 

(70

)

 

(119,178

)

 

(8

)

 

(32,738

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from investment companies

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments

 

(1,813,429

)

 

 

 

(6,770,345

)

 

(2,122

)

 

(4,651,546

)

 

(1,689

)

 

(981,386

)

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

(928,005

)

 

 

 

(3,399,127

)

 

(4,885

)

 

(865,363

)

 

507

 

 

(236,890

)

Net realized and unrealized gain (loss)

 

(2,741,434

)

 

 

 

(10,169,472

)

 

(7,007

)

 

(5,516,909

)

 

(1,182

)

 

(1,218,276

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

(2,786,456

)

$

 

$

(10,470,130

)

$

(7,077

)

$

(5,636,087

)

$

(1,190

)

$

(1,251,014

)

  

(a)

The period is from January 1, 2020 through April 24, 2020, the date the Fund was acquired. See Note 1. in the Notes to Financial Statements.

See Notes to the Financial Statements.

41


N-VPFS42nd “Page” of 183TOC1stPreviousNextBottomJust 42nd
                        

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Invesco China-India Fund - Class A(a)

 

JNL/Invesco China-India Fund - Class I(a)

 

JNL/Mellon S&P 1500 Growth Index Fund - Class A(a)

 

JNL/Mellon S&P 1500 Growth Index Fund - Class I(a)

 

JNL/Mellon S&P 1500 Value Index Fund - Class A(a)

 

JNL/Mellon S&P 1500 Value Index Fund - Class I(a)

 

JNL/Neuberger Berman Currency Fund - Class A(a)

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

210,997

 

 

46

 

 

45,134

 

 

103

 

 

29,589

 

 

298

 

 

3,466

 

Total expenses

 

210,997

 

 

46

 

 

45,134

 

 

103

 

 

29,589

 

 

298

 

 

3,466

 

Net investment income (loss)

 

(210,997

)

 

(46

)

 

(45,134

)

 

(103

)

 

(29,589

)

 

(298

)

 

(3,466

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from investment companies

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments

 

(2,340,294

)

 

(3,510

)

 

373,953

 

 

1,976

 

 

(1,046,987

)

 

(36,621

)

 

(31,031

)

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

(4,504,069

)

 

(552

)

 

(1,136,850

)

 

(2,925

)

 

(705,781

)

 

(15,239

)

 

4,231

 

Net realized and unrealized gain (loss)

 

(6,844,363

)

 

(4,062

)

 

(762,897

)

 

(949

)

 

(1,752,768

)

 

(51,860

)

 

(26,800

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

(7,055,360

)

$

(4,108

)

$

(808,031

)

$

(1,052

)

$

(1,782,357

)

$

(52,158

)

$

(30,266

)

  

(a)

The period is from January 1, 2020 through April 24, 2020, the date the Fund was acquired. See Note 1. in the Notes to Financial Statements.

See Notes to the Financial Statements.

42


N-VPFS43rd “Page” of 183TOC1stPreviousNextBottomJust 43rd
                        

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Neuberger Berman Currency Fund - Class I(a)

 

JNL/Nicholas Convertible Arbitrage Fund - Class A(a)

 

JNL/Nicholas Convertible Arbitrage Fund - Class I(a)

 

JNL/Oppenheimer Emerging Markets Innovator Fund - Class A(a)

 

JNL/PPM America Mid Cap Value Fund - Class A(a)

 

JNL/PPM America Mid Cap Value Fund - Class I(a)

 

JNL/PPM America Value Equity Fund - Class A(a)

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

 

 

22,273

 

 

 

 

8,878

 

 

136,285

 

 

60

 

 

61,594

 

Total expenses

 

 

 

22,273

 

 

 

 

8,878

 

 

136,285

 

 

60

 

 

61,594

 

Net investment income (loss)

 

 

 

(22,273

)

 

 

 

(8,878

)

 

(136,285

)

 

(60

)

 

(61,594

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from investment companies

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments

 

 

 

146,387

 

 

 

 

(742,785

)

 

(14,120,057

)

 

(16,263

)

 

(1,329,187

)

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

 

 

(321,761

)

 

 

 

(80,404

)

 

1,232,343

 

 

(1,642

)

 

(2,866,491

)

Net realized and unrealized gain (loss)

 

 

 

(175,374

)

 

 

 

(823,189

)

 

(12,887,714

)

 

(17,905

)

 

(4,195,678

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

 

$

(197,647

)

$

 

$

(832,067

)

$

(13,023,999

)

$

(17,965

)

$

(4,257,272

)

  

(a)

The period is from January 1, 2020 through April 24, 2020, the date the Fund was acquired. See Note 1. in the Notes to Financial Statements.

See Notes to the Financial Statements.

43


N-VPFS44th “Page” of 183TOC1stPreviousNextBottomJust 44th
                        

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/PPM America Value Equity Fund - Class I(a)

 

JNL/S&P Mid 3 Fund - Class A(a)

 

JNL/S&P Mid 3 Fund - Class I(a)

 

JNL/Scout Unconstrained Bond Fund - Class A(a)

 

JNL/The London Company Focused U.S. Equity Fund - Class A(a)

 

JNL/The London Company Focused U.S. Equity Fund - Class I(a)

 

JNL/VanEck International Gold Fund - Class A(a)

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

17

 

 

74,106

 

 

14

 

 

12,066

 

 

8,697

 

 

67

 

 

16,399

 

Total expenses

 

17

 

 

74,106

 

 

14

 

 

12,066

 

 

8,697

 

 

67

 

 

16,399

 

Net investment income (loss)

 

(17

)

 

(74,106

)

 

(14

)

 

(12,066

)

 

(8,697

)

 

(67

)

 

(16,399

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from investment companies

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments

 

(2,534

)

 

(6,742,568

)

 

(8,055

)

 

40,408

 

 

(561,012

)

 

(12,208

)

 

1,055,126

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

(1,167

)

 

(886,668

)

 

 

 

(175,684

)

 

54,362

 

 

3,837

 

 

(684,354

)

Net realized and unrealized gain (loss)

 

(3,701

)

 

(7,629,236

)

 

(8,055

)

 

(135,276

)

 

(506,650

)

 

(8,371

)

 

370,772

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

(3,718

)

$

(7,703,342

)

$

(8,069

)

$

(147,342

)

$

(515,347

)

$

(8,438

)

$

354,373

 

  

(a)

The period is from January 1, 2020 through April 24, 2020, the date the Fund was acquired. See Note 1. in the Notes to Financial Statements.

See Notes to the Financial Statements.

44


N-VPFS45th “Page” of 183TOC1stPreviousNextBottomJust 45th
                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL Aggressive Growth Allocation Fund - Class A

 

JNL Aggressive Growth Allocation Fund - Class I

 

JNL Conservative Allocation Fund - Class A

 

JNL Conservative Allocation Fund - Class I

 

JNL Growth Allocation Fund - Class A

 

JNL Growth Allocation Fund - Class I

 

JNL iShares Tactical Growth Fund - Class A

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(1,172,746

)

$

(1,112

)

$

(501,993

)

$

(9

)

$

(2,025,733

)

$

(717

)

$

207,874

 

Net realized gain (loss) on investments

 

3,202,976

 

 

(19,737

)

 

653,632

 

 

5,594

 

 

5,037,299

 

 

235

 

 

1,696,468

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

10,630,951

 

 

41,275

 

 

2,985,788

 

 

(5,153

)

 

17,063,212

 

 

45,702

 

 

631,450

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

12,661,181

 

 

20,426

 

 

3,137,427

 

 

432

 

 

20,074,778

 

 

45,220

 

 

2,535,792

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

4,781,128

 

 

442,000

 

 

5,690,415

 

 

 

 

8,240,429

 

 

 

 

2,013,423

 

Surrenders and terminations

 

(5,877,287

)

 

 

 

(3,311,901

)

 

 

 

(7,698,709

)

 

 

 

(890,376

)

Transfers between Investment Divisions

 

(1,747,080

)

 

16,890

 

 

11,632,406

 

 

(57,642

)

 

(4,625,467

)

 

90,321

 

 

(2,366,929

)

Contract owner charges

 

(905,049

)

 

(3,061

)

 

(149,269

)

 

 

 

(1,551,361

)

 

(1,512

)

 

(73,979

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(3,748,288

)

 

455,829

 

 

13,861,651

 

 

(57,642

)

 

(5,635,108

)

 

88,809

 

 

(1,317,861

)

                       

Net change in net assets

 

8,912,893

 

 

476,255

 

 

16,999,078

 

 

(57,210

)

 

14,439,670

 

 

134,029

 

 

1,217,931

 

                       

Net assets beginning of year

 

91,077,523

 

 

281,861

 

 

34,588,805

 

 

57,210

 

 

155,698,400

 

 

77,903

 

 

27,606,072

 

                       

Net assets end of year

$

99,990,416

 

$

758,116

 

$

51,587,883

 

$

 

$

170,138,070

 

$

211,932

 

$

28,824,003

 

                       

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

5,713,193

 

 

19,339

 

 

2,832,095

 

 

4,449

 

 

9,369,643

 

 

5,131

 

 

1,591,678

 

Units issued

 

999,604

 

 

33,396

 

 

2,162,924

 

 

 

 

1,064,996

 

 

7,089

 

 

392,896

 

Units redeemed

 

(1,245,901

)

 

(12,313

)

 

(1,019,446

)

 

(4,449

)

 

(1,439,407

)

 

(101

)

 

(483,007

)

Units outstanding at end of year

 

5,466,896

 

 

40,422

 

 

3,975,573

 

 

 

 

8,995,232

 

 

12,119

 

 

1,501,567

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investment Divisions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

15,126,749

 

$

595,757

 

$

25,986,094

 

$

 

$

17,487,996

 

$

90,322

 

$

8,162,592

 

Proceeds from sales

$

20,047,783

 

$

141,040

 

$

12,626,436

 

$

57,651

 

$

25,148,836

 

$

2,229

 

$

7,749,627

 

See Notes to the Financial Statements.

45


N-VPFS46th “Page” of 183TOC1stPreviousNextBottomJust 46th
                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL iShares Tactical Growth Fund - Class I

 

JNL iShares Tactical Moderate Fund - Class A

 

JNL iShares Tactical Moderate Fund - Class I

 

JNL iShares Tactical Moderate Growth Fund - Class A

 

JNL iShares Tactical Moderate Growth Fund - Class I

 

JNL Moderate Allocation Fund - Class A

 

JNL Moderate Allocation Fund - Class I

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

3,510

 

$

119,332

 

$

 

$

235,905

 

$

38,166

 

$

(1,450,538

)

$

(491

)

Net realized gain (loss) on investments

 

17,141

 

 

645,844

 

 

 

 

2,231,889

 

 

91,033

 

 

2,051,286

 

 

35

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

10,507

 

 

365,270

 

 

 

 

73,885

 

 

18,274

 

 

18,664,325

 

 

12,363

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

31,158

 

 

1,130,446

 

 

 

 

2,541,679

 

 

147,473

 

 

19,265,073

 

 

11,907

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

 

 

3,236,171

 

 

 

 

3,411,408

 

 

1,688,375

 

 

8,960,882

 

 

 

Surrenders and terminations

 

 

 

(889,049

)

 

 

 

(1,465,929

)

 

(10,000

)

 

(10,246,887

)

 

 

Transfers between Investment Divisions

 

48,966

 

 

(507,108

)

 

 

 

(5,953,735

)

 

11,093

 

 

76,878,095

 

 

13,297

 

Contract owner charges

 

(2,382

)

 

(39,491

)

 

 

 

(62,307

)

 

(3,625

)

 

(1,011,345

)

 

(338

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

46,584

 

 

1,800,523

 

 

 

 

(4,070,563

)

 

1,685,843

 

 

74,580,745

 

 

12,959

 

                       

Net change in net assets

 

77,742

 

 

2,930,969

 

 

 

 

(1,528,884

)

 

1,833,316

 

 

93,845,818

 

 

24,866

 

                       

Net assets beginning of year

 

150,162

 

 

13,539,842

 

 

 

 

30,709,632

 

 

24,681

 

 

48,444,829

 

 

96,340

 

                       

Net assets end of year

$

227,904

 

$

16,470,811

 

$

 

$

29,180,748

 

$

1,857,997

 

$

142,290,647

 

$

121,206

 

                       

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

9,305

 

 

996,274

 

 

 

 

1,965,750

 

 

1,664

 

 

3,455,553

 

 

6,686

 

Units issued

 

6,590

 

 

438,634

 

 

 

 

641,733

 

 

99,439

 

 

7,290,737

 

 

914

 

Units redeemed

 

(3,235

)

 

(303,196

)

 

 

 

(896,586

)

 

(777

)

 

(1,344,601

)

 

(24

)

Units outstanding at end of year

 

12,660

 

 

1,131,712

 

 

 

 

1,710,897

 

 

100,326

 

 

9,401,689

 

 

7,576

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investment Divisions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

114,776

 

$

6,566,934

 

$

 

$

11,271,427

 

$

1,830,516

 

$

93,226,635

 

$

13,297

 

Proceeds from sales

$

52,736

 

$

4,129,357

 

$

 

$

13,687,825

 

$

15,718

 

$

20,096,429

 

$

829

 

See Notes to the Financial Statements.

46


N-VPFS47th “Page” of 183TOC1stPreviousNextBottomJust 47th
                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL Moderate Growth Allocation Fund - Class A

 

JNL Moderate Growth Allocation Fund - Class I

 

JNL Multi-Manager Alternative Fund - Class A

 

JNL Multi-Manager Alternative Fund - Class I(a)

 

JNL Multi-Manager Emerging Markets Equity Fund - Class A

 

JNL Multi-Manager Emerging Markets Equity Fund - Class I

 

JNL Multi-Manager International Small Cap Fund - Class A

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(3,127,466

)

$

(1,077

)

$

(85,530

)

$

(88

)

$

88,648

 

$

3,134

 

$

1,104

 

Net realized gain (loss) on investments

 

6,257,138

 

 

12,429

 

 

147,199

 

 

5

 

 

958,810

 

 

(3,126

)

 

6,827

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

40,282,179

 

 

(6,929

)

 

1,318,695

 

 

2,800

 

 

20,346,930

 

 

48,934

 

 

13,853

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

43,411,851

 

 

4,423

 

 

1,380,364

 

 

2,717

 

 

21,394,388

 

 

48,942

 

 

21,784

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

7,305,182

 

 

 

 

412,141

 

 

 

 

2,173,477

 

 

180,000

 

 

127,467

 

Surrenders and terminations

 

(16,490,362

)

 

 

 

(702,855

)

 

 

 

(3,905,399

)

 

 

 

(1,982

)

Transfers between Investment Divisions

 

102,988,341

 

 

(189,108

)

 

8,880,924

 

 

47,407

 

 

31,682,956

 

 

37,824

 

 

(134,748

)

Contract owner charges

 

(2,243,027

)

 

(1,702

)

 

(4,245

)

 

(205

)

 

(652,941

)

 

(3,617

)

 

(151

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

91,560,134

 

 

(190,810

)

 

8,585,965

 

 

47,202

 

 

29,298,093

 

 

214,207

 

 

(9,414

)

                       

Net change in net assets

 

134,971,985

 

 

(186,387

)

 

9,966,329

 

 

49,919

 

 

50,692,481

 

 

263,149

 

 

12,370

 

                       

Net assets beginning of year

 

149,565,459

 

 

329,604

 

 

1,639,180

 

 

 

 

35,003,798

 

 

139,935

 

 

140,661

 

                       

Net assets end of year

$

284,537,444

 

$

143,217

 

$

11,605,509

 

$

49,919

 

$

85,696,279

 

$

403,084

 

$

153,031

 

                       

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

9,059,811

 

 

20,865

 

 

157,915

 

 

 

 

2,467,817

 

 

8,018

 

 

13,403

 

Units issued

 

9,375,079

 

 

3,753

 

 

1,104,375

 

 

4,316

 

 

5,048,263

 

 

14,370

 

 

13,390

 

Units redeemed

 

(2,770,465

)

 

(17,189

)

 

(207,160

)

 

(18

)

 

(1,856,544

)

 

(949

)

 

(15,648

)

Units outstanding at end of year

 

15,664,425

 

 

7,429

 

 

1,055,130

 

 

4,298

 

 

5,659,536

 

 

21,439

 

 

11,145

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investment Divisions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

135,633,108

 

$

62,394

 

$

10,726,666

 

$

47,407

 

$

52,411,761

 

$

230,707

 

$

154,327

 

Proceeds from sales

$

47,200,440

 

$

254,281

 

$

2,226,231

 

$

293

 

$

23,025,020

 

$

13,365

 

$

162,637

 

  

(a)

The mutual fund's shares, as applicable, became available for investment by the Investment Division on April 27, 2020. The Statement of Changes in Net Assets is from April 27, 2020 through December 31, 2020.

See Notes to the Financial Statements.

47


N-VPFS48th “Page” of 183TOC1stPreviousNextBottomJust 48th
                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL Multi-Manager Mid Cap Fund - Class A

 

JNL Multi-Manager Mid Cap Fund - Class I

 

JNL Multi-Manager Small Cap Growth Fund - Class A

 

JNL Multi-Manager Small Cap Growth Fund - Class I

 

JNL Multi-Manager Small Cap Value Fund - Class A

 

JNL Multi-Manager Small Cap Value Fund - Class I

 

JNL S&P 500 Index Fund - Class I

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(177,796

)

$

(2,252

)

$

(1,980,708

)

$

(3,494

)

$

(676,325

)

$

(138

)

$

(28,803

)

Net realized gain (loss) on investments

 

128,854

 

 

177

 

 

8,803,853

 

 

14,271

 

 

(1,325,538

)

 

(13,687

)

 

221,498

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

2,004,427

 

 

71,606

 

 

47,585,896

 

 

345,055

 

 

5,067,873

 

 

7,995

 

 

1,423,312

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

1,955,485

 

 

69,531

 

 

54,409,041

 

 

355,832

 

 

3,066,010

 

 

(5,830

)

 

1,616,007

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

2,800,380

 

 

165,000

 

 

12,802,253

 

 

709,682

 

 

3,620,452

 

 

2,500

 

 

6,085,263

 

Surrenders and terminations

 

(472,758

)

 

(581

)

 

(7,614,876

)

 

(4,839

)

 

(2,652,624

)

 

 

 

(219,716

)

Transfers between Investment Divisions

 

639,104

 

 

33,205

 

 

(10,283,250

)

 

55,758

 

 

(1,069,202

)

 

9,234

 

 

311,816

 

Contract owner charges

 

(139,610

)

 

(5,210

)

 

(1,510,899

)

 

(7,391

)

 

(523,650

)

 

(476

)

 

(71,694

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

2,827,116

 

 

192,414

 

 

(6,606,772

)

 

753,210

 

 

(625,024

)

 

11,258

 

 

6,105,669

 

                       

Net change in net assets

 

4,782,601

 

 

261,945

 

 

47,802,269

 

 

1,109,042

 

 

2,440,986

 

 

5,428

 

 

7,721,676

 

                       

Net assets beginning of year

 

13,303,944

 

 

319,140

 

 

133,033,927

 

 

360,276

 

 

55,692,983

 

 

40,410

 

 

3,914,129

 

                       

Net assets end of year

$

18,086,545

 

$

581,085

 

$

180,836,196

 

$

1,469,318

 

$

58,133,969

 

$

45,838

 

$

11,635,805

 

                       

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

925,992

 

 

21,448

 

 

2,134,315

 

 

4,306

 

 

2,439,196

 

 

1,399

 

 

294,256

 

Units issued

 

570,604

 

 

13,311

 

 

579,396

 

 

8,449

 

 

738,168

 

 

1,143

 

 

647,149

 

Units redeemed

 

(383,132

)

 

(630

)

 

(705,658

)

 

(1,240

)

 

(732,492

)

 

(1,040

)

 

(197,509

)

Units outstanding at end of year

 

1,113,464

 

 

34,129

 

 

2,008,053

 

 

11,515

 

 

2,444,872

 

 

1,502

 

 

743,896

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investment Divisions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

7,820,685

 

$

201,297

 

$

39,386,837

 

$

874,127

 

$

13,986,750

 

$

27,975

 

$

8,704,559

 

Proceeds from sales

$

5,171,365

 

$

11,135

 

$

47,974,317

 

$

124,412

 

$

15,288,100

 

$

16,855

 

$

2,627,694

 

See Notes to the Financial Statements.

48


N-VPFS49th “Page” of 183TOC1stPreviousNextBottomJust 49th
                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/American Funds Balanced Fund - Class A

 

JNL/American Funds Balanced Fund - Class I

 

JNL/American Funds Blue Chip Income and Growth Fund - Class A

 

JNL/American Funds Blue Chip Income and Growth Fund - Class I

 

JNL/American Funds Capital Income Builder Fund - Class A

 

JNL/American Funds Capital Income Builder Fund - Class I

 

JNL/American Funds Capital World Bond Fund - Class A

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(1,592,250

)

$

(1,155

)

$

(3,228,836

)

$

(3,116

)

$

(115,939

)

$

(422

)

$

(404,704

)

Net realized gain (loss) on investments

 

2,533,848

 

 

845

 

 

12,002,331

 

 

47,158

 

 

28,318

 

 

(3

)

 

549,246

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

11,546,722

 

 

25,135

 

 

4,620,564

 

 

36,092

 

 

340,410

 

 

4,949

 

 

1,842,721

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

12,488,320

 

 

24,825

 

 

13,394,059

 

 

80,134

 

 

252,789

 

 

4,524

 

 

1,987,263

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

21,672,353

 

 

 

 

12,514,332

 

 

580,669

 

 

3,059,885

 

 

 

 

1,216,615

 

Surrenders and terminations

 

(5,679,070

)

 

(6,995

)

 

(13,219,455

)

 

(5,458

)

 

(276,895

)

 

 

 

(2,246,313

)

Transfers between Investment Divisions

 

4,255,969

 

 

(947

)

 

(16,821,623

)

 

(99,013

)

 

(465,272

)

 

24,167

 

 

(156,029

)

Contract owner charges

 

(1,173,415

)

 

(2,359

)

 

(2,660,835

)

 

(8,697

)

 

(66,605

)

 

(577

)

 

(356,210

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

19,075,837

 

 

(10,301

)

 

(20,187,581

)

 

467,501

 

 

2,251,113

 

 

23,590

 

 

(1,541,937

)

                       

Net change in net assets

 

31,564,157

 

 

14,524

 

 

(6,793,522

)

 

547,635

 

 

2,503,902

 

 

28,114

 

 

445,326

 

                       

Net assets beginning of year

 

102,171,854

 

 

220,077

 

 

239,318,378

 

 

518,780

 

 

7,945,984

 

 

82,084

 

 

28,095,626

 

                       

Net assets end of year

$

133,736,011

 

$

234,601

 

$

232,524,856

 

$

1,066,415

 

$

10,449,886

 

$

110,198

 

$

28,540,952

 

                       

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

5,724,929

 

 

9,400

 

 

10,666,751

 

 

20,138

 

 

731,475

 

 

7,430

 

 

2,594,401

 

Units issued

 

2,828,897

 

 

60

 

 

2,173,548

 

 

38,429

 

 

634,120

 

 

2,295

 

 

638,529

 

Units redeemed

 

(1,803,266

)

 

(511

)

 

(3,132,177

)

 

(20,466

)

 

(428,628

)

 

(107

)

 

(792,451

)

Units outstanding at end of year

 

6,750,560

 

 

8,949

 

 

9,708,122

 

 

38,101

 

 

936,967

 

 

9,618

 

 

2,440,479

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investment Divisions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

50,849,832

 

$

1,255

 

$

44,879,645

 

$

1,033,851

 

$

6,627,163

 

$

24,685

 

$

7,134,066

 

Proceeds from sales

$

33,366,244

 

$

12,711

 

$

68,296,062

 

$

569,465

 

$

4,491,990

 

$

1,517

 

$

9,080,706

 

See Notes to the Financial Statements.

49


N-VPFS50th “Page” of 183TOC1stPreviousNextBottomJust 50th
                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/American Funds Capital World Bond Fund - Class I

 

JNL/American Funds Global Growth Fund - Class A

 

JNL/American Funds Global Growth Fund - Class I

 

JNL/American Funds Global Small Capitalization Fund - Class A

 

JNL/American Funds Global Small Capitalization Fund - Class I

 

JNL/American Funds Growth Allocation Fund - Class A

 

JNL/American Funds Growth Allocation Fund - Class I

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(240

)

$

(420,057

)

$

(2,305

)

$

(631,528

)

$

(684

)

$

(2,081,912

)

$

(1,687

)

Net realized gain (loss) on investments

 

2,009

 

 

2,023,649

 

 

25,270

 

 

1,920,084

 

 

(1,595

)

 

7,011,077

 

 

7,453

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

3,953

 

 

8,120,086

 

 

79,730

 

 

10,118,988

 

 

41,302

 

 

22,556,999

 

 

104,592

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

5,722

 

 

9,723,678

 

 

102,695

 

 

11,407,544

 

 

39,023

 

 

27,486,164

 

 

110,358

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

18,750

 

 

5,143,632

 

 

15,709

 

 

2,492,784

 

 

35,709

 

 

17,850,199

 

 

53,750

 

Surrenders and terminations

 

(1,024

)

 

(1,319,774

)

 

(88,524

)

 

(2,139,839

)

 

 

 

(8,016,524

)

 

(6,963

)

Transfers between Investment Divisions

 

(1,360

)

 

5,502,719

 

 

28,909

 

 

(3,043,024

)

 

(6,161

)

 

6,415,650

 

 

355,918

 

Contract owner charges

 

(531

)

 

(223,883

)

 

(3,442

)

 

(544,976

)

 

(1,728

)

 

(1,596,965

)

 

(4,219

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

15,835

 

 

9,102,694

 

 

(47,348

)

 

(3,235,055

)

 

27,820

 

 

14,652,360

 

 

398,486

 

                       

Net change in net assets

 

21,557

 

 

18,826,372

 

 

55,347

 

 

8,172,489

 

 

66,843

 

 

42,138,524

 

 

508,844

 

                       

Net assets beginning of year

 

29,682

 

 

28,703,493

 

 

334,696

 

 

44,936,514

 

 

124,096

 

 

139,861,397

 

 

112,722

 

                       

Net assets end of year

$

51,239

 

$

47,529,865

 

$

390,043

 

$

53,109,003

 

$

190,939

 

$

181,999,921

 

$

621,566

 

                       

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

2,935

 

 

1,603,659

 

 

17,914

 

 

2,519,152

 

 

6,088

 

 

7,868,493

 

 

5,926

 

Units issued

 

3,403

 

 

1,093,339

 

 

2,518

 

 

414,027

 

 

1,749

 

 

2,742,398

 

 

24,417

 

Units redeemed

 

(2,049

)

 

(620,680

)

 

(4,275

)

 

(598,207

)

 

(606

)

 

(1,972,987

)

 

(3,066

)

Units outstanding at end of year

 

4,289

 

 

2,076,318

 

 

16,157

 

 

2,334,972

 

 

7,231

 

 

8,637,904

 

 

27,277

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investment Divisions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

43,133

 

$

20,635,356

 

$

48,752

 

$

7,331,337

 

$

37,222

 

$

49,572,040

 

$

460,622

 

Proceeds from sales

$

27,538

 

$

11,952,720

 

$

98,405

 

$

11,197,920

 

$

10,087

 

$

37,001,593

 

$

63,823

 

See Notes to the Financial Statements.

50


N-VPFS51st “Page” of 183TOC1stPreviousNextBottomJust 51st
                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/American Funds Growth Fund - Class A

 

JNL/American Funds Growth Fund - Class I

 

JNL/American Funds Growth-Income Fund - Class A

 

JNL/American Funds Growth-Income Fund - Class I

 

JNL/American Funds International Fund - Class A

 

JNL/American Funds International Fund - Class I

 

JNL/American Funds Moderate Growth Allocation Fund - Class A

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(1,584,068

)

$

(2,815

)

$

(5,763,662

)

$

(9,366

)

$

(1,333,513

)

$

(1,242

)

$

(2,100,949

)

Net realized gain (loss) on investments

 

12,639,096

 

 

60,619

 

 

24,980,039

 

 

102,203

 

 

1,792,362

 

 

3,188

 

 

6,899,240

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

43,936,350

 

 

226,550

 

 

26,453,076

 

 

261,114

 

 

10,052,488

 

 

37,019

 

 

17,174,737

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

54,991,378

 

 

284,354

 

 

45,669,453

 

 

353,951

 

 

10,511,337

 

 

38,965

 

 

21,973,028

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

31,395,869

 

 

203,265

 

 

39,267,964

 

 

1,237,456

 

 

4,469,353

 

 

32,348

 

 

14,204,219

 

Surrenders and terminations

 

(5,907,328

)

 

(613

)

 

(22,713,942

)

 

(28,224

)

 

(4,167,121

)

 

 

 

(9,267,644

)

Transfers between Investment Divisions

 

30,168,932

 

 

319,691

 

 

(22,387,748

)

 

139,570

 

 

(8,593,420

)

 

(2,984

)

 

(9,441,142

)

Contract owner charges

 

(895,092

)

 

(6,815

)

 

(4,639,172

)

 

(24,171

)

 

(1,022,829

)

 

(3,659

)

 

(1,453,278

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

54,762,381

 

 

515,528

 

 

(10,472,898

)

 

1,324,631

 

 

(9,314,017

)

 

25,705

 

 

(5,957,845

)

                       

Net change in net assets

 

109,753,759

 

 

799,882

 

 

35,196,555

 

 

1,678,582

 

 

1,197,320

 

 

64,670

 

 

16,015,183

 

                       

Net assets beginning of year

 

86,755,963

 

 

366,478

 

 

427,858,002

 

 

1,573,301

 

 

104,568,571

 

 

275,018

 

 

147,102,268

 

                       

Net assets end of year

$

196,509,722

 

$

1,166,360

 

$

463,054,557

 

$

3,251,883

 

$

105,765,891

 

$

339,688

 

$

163,117,451

 

                       

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

3,360,877

 

 

13,103

 

 

16,700,744

 

 

54,520

 

 

6,872,154

 

 

16,482

 

 

9,353,153

 

Units issued

 

3,574,407

 

 

29,461

 

 

3,771,215

 

 

75,044

 

 

1,223,621

 

 

6,439

 

 

1,767,302

 

Units redeemed

 

(1,836,523

)

 

(14,875

)

 

(4,286,742

)

 

(30,383

)

 

(1,893,155

)

 

(5,049

)

 

(2,161,046

)

Units outstanding at end of year

 

5,098,761

 

 

27,689

 

 

16,185,217

 

 

99,181

 

 

6,202,620

 

 

17,872

 

 

8,959,409

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investment Divisions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

109,254,704

 

$

982,226

 

$

94,208,374

 

$

2,248,059

 

$

17,063,084

 

$

110,973

 

$

28,316,075

 

Proceeds from sales

$

56,076,390

 

$

469,513

 

$

110,444,934

 

$

932,794

 

$

27,710,613

 

$

86,509

 

$

36,374,869

 

See Notes to the Financial Statements.

51


N-VPFS52nd “Page” of 183TOC1stPreviousNextBottomJust 52nd
                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/American Funds Moderate Growth Allocation Fund - Class I

 

JNL/American Funds New World Fund - Class A

 

JNL/American Funds New World Fund - Class I

 

JNL/AQR Large Cap Defensive Style Fund - Class A

 

JNL/AQR Large Cap Defensive Style Fund - Class I

 

JNL/AQR Large Cap Relaxed Constraint Equity Fund - Class A

 

JNL/AQR Large Cap Relaxed Constraint Equity Fund - Class I

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(1,043

)

$

(1,142,598

)

$

(2,378

)

$

(62,164

)

$

(113

)

$

(437,672

)

$

 

Net realized gain (loss) on investments

 

174

 

 

3,252,077

 

 

15,716

 

 

116,471

 

 

(3

)

 

1,087,856

 

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

58,219

 

 

13,937,036

 

 

145,755

 

 

707,121

 

 

2,805

 

 

1,831,201

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

57,350

 

 

16,046,515

 

 

159,093

 

 

761,428

 

 

2,689

 

 

2,481,385

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

664,256

 

 

5,441,371

 

 

260,038

 

 

1,385,262

 

 

 

 

368,801

 

 

 

Surrenders and terminations

 

 

 

(3,810,221

)

 

(2,381

)

 

(291,254

)

 

 

 

(2,417,184

)

 

 

Transfers between Investment Divisions

 

78,981

 

 

(2,829,763

)

 

(77,948

)

 

1,027,700

 

 

26,595

 

 

(3,576,206

)

 

 

Contract owner charges

 

(2,481

)

 

(957,863

)

 

(6,562

)

 

(40,330

)

 

 

 

(368,230

)

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

740,756

 

 

(2,156,476

)

 

173,147

 

 

2,081,378

 

 

26,595

 

 

(5,992,819

)

 

 

                       

Net change in net assets

 

798,106

 

 

13,890,039

 

 

332,240

 

 

2,842,806

 

 

29,284

 

 

(3,511,434

)

 

 

                       

Net assets beginning of year

 

56,294

 

 

78,394,447

 

 

299,957

 

 

2,946,477

 

 

 

 

33,467,495

 

 

 

                       

Net assets end of year

$

854,400

 

$

92,284,486

 

$

632,197

 

$

5,789,283

 

$

29,284

 

$

29,956,061

 

$

 

                       

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

3,349

 

 

5,435,501

 

 

18,358

 

 

277,727

 

 

 

 

1,907,510

 

 

 

Units issued

 

40,011

 

 

1,358,349

 

 

17,763

 

 

442,305

 

 

2,455

 

 

183,875

 

 

 

Units redeemed

 

(141

)

 

(1,526,098

)

 

(4,929

)

 

(225,542

)

 

 

 

(534,278

)

 

 

Units outstanding at end of year

 

43,219

 

 

5,267,752

 

 

31,192

 

 

494,490

 

 

2,455

 

 

1,557,107

 

 

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investment Divisions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

743,238

 

$

19,262,654

 

$

260,945

 

$

4,431,396

 

$

26,595

 

$

2,935,869

 

$

 

Proceeds from sales

$

3,524

 

$

22,561,728

 

$

90,177

 

$

2,412,182

 

$

113

 

$

9,366,361

 

$

 

See Notes to the Financial Statements.

52


N-VPFS53rd “Page” of 183TOC1stPreviousNextBottomJust 53rd
                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/AQR Managed Futures Strategy Fund - Class A

 

JNL/BlackRock Advantage International Fund - Class A

 

JNL/BlackRock Advantage International Fund - Class I

 

JNL/BlackRock Global Allocation Fund - Class A

 

JNL/BlackRock Global Allocation Fund - Class I

 

JNL/BlackRock Global Natural Resources Fund - Class A

 

JNL/BlackRock Global Natural Resources Fund - Class I

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(79,945

)

$

(3,593

)

$

61

 

$

(2,356,600

)

$

(547

)

$

(528,914

)

$

(1

)

Net realized gain (loss) on investments

 

(834,787

)

 

5,419

 

 

(2

)

 

3,982,888

 

 

16

 

 

(2,231,404

)

 

215

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

714,928

 

 

117,436

 

 

4,581

 

 

25,095,886

 

 

15,343

 

 

5,964,060

 

 

57

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

(199,804

)

 

119,262

 

 

4,640

 

 

26,722,174

 

 

14,812

 

 

3,203,742

 

 

271

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

136,164

 

 

554,176

 

 

 

 

5,032,759

 

 

 

 

1,522,864

 

 

 

Surrenders and terminations

 

(665,874

)

 

(59,512

)

 

 

 

(12,448,263

)

 

 

 

(2,515,048

)

 

 

Transfers between Investment Divisions

 

(767,770

)

 

260,639

 

 

24,959

 

 

(8,866,955

)

 

1,109

 

 

5,152,284

 

 

79

 

Contract owner charges

 

(5,899

)

 

(4,940

)

 

(400

)

 

(1,897,278

)

 

(613

)

 

(412,881

)

 

(67

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(1,303,379

)

 

750,363

 

 

24,559

 

 

(18,179,737

)

 

496

 

 

3,747,219

 

 

12

 

                       

Net change in net assets

 

(1,503,183

)

 

869,625

 

 

29,199

 

 

8,542,437

 

 

15,308

 

 

6,950,961

 

 

283

 

                       

Net assets beginning of year

 

8,348,498

 

 

96,904

 

 

6,532

 

 

175,605,242

 

 

81,885

 

 

39,911,433

 

 

 

                       

Net assets end of year

$

6,845,315

 

$

966,529

 

$

35,731

 

$

184,147,679

 

$

97,193

 

$

46,862,394

 

$

283

 

                       

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

932,090

 

 

9,218

 

 

618

 

 

12,402,532

 

 

6,019

 

 

5,167,808

 

 

 

Units issued

 

381,118

 

 

108,406

 

 

2,590

 

 

1,016,630

 

 

218

 

 

2,344,187

 

 

180

 

Units redeemed

 

(524,994

)

 

(30,280

)

 

(41

)

 

(2,328,384

)

 

(207

)

 

(1,658,971

)

 

(150

)

Units outstanding at end of year

 

788,214

 

 

87,344

 

 

3,167

 

 

11,090,778

 

 

6,030

 

 

5,853,024

 

 

30

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investment Divisions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

3,424,034

 

$

1,040,025

 

$

25,109

 

$

14,718,033

 

$

3,381

 

$

14,742,536

 

$

1,350

 

Proceeds from sales

$

4,807,358

 

$

293,254

 

$

488

 

$

35,254,370

 

$

3,432

 

$

11,524,231

 

$

1,339

 

See Notes to the Financial Statements.

53


N-VPFS54th “Page” of 183TOC1stPreviousNextBottomJust 54th
                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/BlackRock Large Cap Select Growth Fund - Class A

 

JNL/BlackRock Large Cap Select Growth Fund - Class I

 

JNL/Boston Partners Global Long Short Equity Fund - Class A

 

JNL/Boston Partners Global Long Short Equity Fund - Class I

 

JNL/Causeway International Value Select Fund - Class A

 

JNL/Causeway International Value Select Fund - Class I

 

JNL/ClearBridge Large Cap Growth Fund - Class A

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(4,040,937

)

$

(6,481

)

$

(29,557

)

$

(382

)

$

1,140,589

 

$

1,715

 

$

(492,509

)

Net realized gain (loss) on investments

 

22,626,234

 

 

60,245

 

 

(100,885

)

 

(169

)

 

(1,505,211

)

 

(2,638

)

 

1,866,914

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

68,459,816

 

 

381,482

 

 

146,612

 

 

5,233

 

 

1,956,531

 

 

3,931

 

 

8,631,017

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

87,045,113

 

 

435,246

 

 

16,170

 

 

4,682

 

 

1,591,909

 

 

3,008

 

 

10,005,422

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

25,979,558

 

 

997,310

 

 

285,719

 

 

 

 

2,536,069

 

 

12,348

 

 

10,299,322

 

Surrenders and terminations

 

(15,580,095

)

 

(2,650

)

 

(80,722

)

 

 

 

(1,487,041

)

 

 

 

(1,066,644

)

Transfers between Investment Divisions

 

12,504,378

 

 

159,474

 

 

379,098

 

 

51,323

 

 

(1,268,198

)

 

(24,794

)

 

(4,845

)

Contract owner charges

 

(3,225,639

)

 

(13,749

)

 

(15,758

)

 

(1,115

)

 

(398,355

)

 

(579

)

 

(326,449

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

19,678,202

 

 

1,140,385

 

 

568,337

 

 

50,208

 

 

(617,525

)

 

(13,025

)

 

8,901,384

 

                       

Net change in net assets

 

106,723,315

 

 

1,575,631

 

 

584,507

 

 

54,890

 

 

974,384

 

 

(10,017

)

 

18,906,806

 

                       

Net assets beginning of year

 

235,864,352

 

 

757,682

 

 

2,280,557

 

 

70,208

 

 

41,381,282

 

 

57,553

 

 

28,922,480

 

                       

Net assets end of year

$

342,587,667

 

$

2,333,313

 

$

2,865,064

 

$

125,098

 

$

42,355,666

 

$

47,536

 

$

47,829,286

 

                       

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

3,295,500

 

 

7,475

 

 

222,311

 

 

6,701

 

 

2,696,661

 

 

2,623

 

 

2,093,330

 

Units issued

 

1,252,466

 

 

12,627

 

 

186,259

 

 

5,411

 

 

626,698

 

 

1,168

 

 

1,684,654

 

Units redeemed

 

(1,063,363

)

 

(3,925

)

 

(123,444

)

 

(117

)

 

(678,365

)

 

(1,743

)

 

(1,088,425

)

Units outstanding at end of year

 

3,484,603

 

 

16,177

 

 

285,126

 

 

11,995

 

 

2,644,994

 

 

2,048

 

 

2,689,559

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investment Divisions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

103,902,265

 

$

1,597,149

 

$

1,676,034

 

$

51,322

 

$

9,909,336

 

$

22,210

 

$

24,618,862

 

Proceeds from sales

$

88,265,000

 

$

463,245

 

$

1,137,254

 

$

1,497

 

$

9,386,272

 

$

33,521

 

$

16,209,986

 

See Notes to the Financial Statements.

54


N-VPFS55th “Page” of 183TOC1stPreviousNextBottomJust 55th
                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/ClearBridge Large Cap Growth Fund - Class I

 

JNL/DFA Growth Allocation Fund - Class A

 

JNL/DFA Growth Allocation Fund - Class I

 

JNL/DFA International Core Equity Fund - Class A

 

JNL/DFA International Core Equity Fund - Class I

 

JNL/DFA Moderate Growth Allocation Fund - Class A

 

JNL/DFA Moderate Growth Allocation Fund - Class I

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(2,535

)

$

24,636

 

$

530

 

$

(6,326

)

$

387

 

$

5,404

 

$

 

Net realized gain (loss) on investments

 

56,105

 

 

7,567

 

 

27

 

 

(1,026

)

 

57

 

 

216,843

 

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

103,202

 

 

1,326,841

 

 

4,342

 

 

173,617

 

 

3,677

 

 

994,700

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

156,772

 

 

1,359,044

 

 

4,899

 

 

166,265

 

 

4,121

 

 

1,216,947

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

63,750

 

 

2,956,163

 

 

2,500

 

 

632,813

 

 

 

 

1,869,461

 

 

 

Surrenders and terminations

 

(9,027

)

 

(347,631

)

 

 

 

(18,311

)

 

 

 

(770,601

)

 

 

Transfers between Investment Divisions

 

87,405

 

 

(519,598

)

 

307

 

 

182,120

 

 

69,992

 

 

(868,700

)

 

 

Contract owner charges

 

(6,732

)

 

(122,572

)

 

(568

)

 

(10,865

)

 

(90

)

 

(105,223

)

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

135,396

 

 

1,966,362

 

 

2,239

 

 

785,757

 

 

69,902

 

 

124,937

 

 

 

                       

Net change in net assets

 

292,168

 

 

3,325,406

 

 

7,138

 

 

952,022

 

 

74,023

 

 

1,341,884

 

 

 

                       

Net assets beginning of year

 

357,640

 

 

12,655,519

 

 

44,134

 

 

761,773

 

 

 

 

11,325,352

 

 

 

                       

Net assets end of year

$

649,808

 

$

15,980,925

 

$

51,272

 

$

1,713,795

 

$

74,023

 

$

12,667,236

 

$

 

                       

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

25,223

 

 

1,088,544

 

 

3,660

 

 

70,888

 

 

 

 

988,646

 

 

 

Units issued

 

37,057

 

 

292,791

 

 

242

 

 

114,145

 

 

6,413

 

 

354,217

 

 

 

Units redeemed

 

(27,099

)

 

(122,439

)

 

(50

)

 

(34,087

)

 

(8

)

 

(325,487

)

 

 

Units outstanding at end of year

 

35,181

 

 

1,258,896

 

 

3,852

 

 

150,946

 

 

6,405

 

 

1,017,376

 

 

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investment Divisions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

563,801

 

$

3,492,487

 

$

3,565

 

$

1,126,906

 

$

70,466

 

$

3,946,150

 

$

 

Proceeds from sales

$

430,940

 

$

1,501,488

 

$

795

 

$

346,306

 

$

123

 

$

3,815,809

 

$

 

See Notes to the Financial Statements.

55


N-VPFS56th “Page” of 183TOC1stPreviousNextBottomJust 56th
                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/DFA U.S. Core Equity Fund - Class A

 

JNL/DFA U.S. Core Equity Fund - Class I

 

JNL/DFA U.S. Small Cap Fund - Class A

 

JNL/DFA U.S. Small Cap Fund - Class I

 

JNL/DoubleLine Core Fixed Income Fund - Class A

 

JNL/DoubleLine Core Fixed Income Fund - Class I

 

JNL/DoubleLine Emerging Markets Fixed Income Fund - Class A

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(870,537

)

$

(655

)

$

(128,766

)

$

(2,775

)

$

(2,760,867

)

$

(3,197

)

$

(102,944

)

Net realized gain (loss) on investments

 

4,284,922

 

 

429

 

 

(538,083

)

 

(133,047

)

 

1,913,499

 

 

898

 

 

42,464

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

4,914,967

 

 

23,464

 

 

2,983,812

 

 

268,319

 

 

7,485,850

 

 

30,362

 

 

1,080,163

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

8,329,352

 

 

23,238

 

 

2,316,963

 

 

132,497

 

 

6,638,482

 

 

28,063

 

 

1,019,683

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

2,550,421

 

 

 

 

2,257,810

 

 

804,908

 

 

7,839,131

 

 

472,125

 

 

370,542

 

Surrenders and terminations

 

(3,775,341

)

 

 

 

(191,526

)

 

 

 

(17,578,962

)

 

(8,148

)

 

(427,746

)

Transfers between Investment Divisions

 

(8,081,616

)

 

20,167

 

 

1,871,778

 

 

94,130

 

 

(5,796,131

)

 

76,836

 

 

7,644,058

 

Contract owner charges

 

(646,898

)

 

(1,488

)

 

(79,977

)

 

(762

)

 

(2,065,057

)

 

(1,873

)

 

(68,491

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(9,953,434

)

 

18,679

 

 

3,858,085

 

 

898,276

 

 

(17,601,019

)

 

538,940

 

 

7,518,363

 

                       

Net change in net assets

 

(1,624,082

)

 

41,917

 

 

6,175,048

 

 

1,030,773

 

 

(10,962,537

)

 

567,003

 

 

8,538,046

 

                       

Net assets beginning of year

 

70,508,263

 

 

131,545

 

 

9,694,747

 

 

21,522

 

 

202,862,708

 

 

268,216

 

 

2,298,694

 

                       

Net assets end of year

$

68,884,181

 

$

173,462

 

$

15,869,795

 

$

1,052,295

 

$

191,900,171

 

$

835,219

 

$

10,836,740

 

                       

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

1,772,647

 

 

2,370

 

 

512,033

 

 

1,993

 

 

9,404,687

 

 

9,867

 

 

197,418

 

Units issued

 

362,085

 

 

372

 

 

461,656

 

 

140,264

 

 

1,250,958

 

 

19,230

 

 

1,250,453

 

Units redeemed

 

(615,925

)

 

(53

)

 

(216,285

)

 

(90,392

)

 

(2,078,729

)

 

(1,588

)

 

(530,155

)

Units outstanding at end of year

 

1,518,807

 

 

2,689

 

 

757,404

 

 

51,865

 

 

8,576,916

 

 

27,509

 

 

917,716

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investment Divisions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

12,981,609

 

$

21,644

 

$

7,421,326

 

$

1,677,648

 

$

27,780,490

 

$

588,842

 

$

13,479,019

 

Proceeds from sales

$

23,805,581

 

$

3,619

 

$

3,692,007

 

$

782,147

 

$

48,142,375

 

$

53,099

 

$

6,063,600

 

See Notes to the Financial Statements.

56


N-VPFS57th “Page” of 183TOC1stPreviousNextBottomJust 57th
                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/DoubleLine Emerging Markets Fixed Income Fund - Class I

 

JNL/DoubleLine Shiller Enhanced CAPE Fund - Class A

 

JNL/DoubleLine Shiller Enhanced CAPE Fund - Class I

 

JNL/DoubleLine Total Return Fund - Class A

 

JNL/DoubleLine Total Return Fund - Class I

 

JNL/Fidelity Institutional Asset Management Total Bond Fund - Class A

 

JNL/Fidelity Institutional Asset Management Total Bond Fund - Class I

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(196

)

$

(1,177,108

)

$

(2,887

)

$

(1,311,555

)

$

(1,439

)

$

(928,501

)

$

(6,964

)

Net realized gain (loss) on investments

 

1,942

 

 

667,063

 

 

30,666

 

 

1,371,743

 

 

1,576

 

 

793,224

 

 

(15,205

)

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

(1,828

)

 

12,130,281

 

 

114,276

 

 

1,009,394

 

 

5,623

 

 

4,018,298

 

 

141,311

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

(82

)

 

11,620,236

 

 

142,055

 

 

1,069,582

 

 

5,760

 

 

3,883,021

 

 

119,142

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

 

 

12,008,959

 

 

308,030

 

 

8,064,289

 

 

21,500

 

 

5,504,629

 

 

1,976,539

 

Surrenders and terminations

 

 

 

(2,990,824

)

 

(1,840

)

 

(6,116,048

)

 

 

 

(4,454,893

)

 

(6,123

)

Transfers between Investment Divisions

 

(8,558

)

 

(1,625,233

)

 

83,237

 

 

(3,371,073

)

 

70,545

 

 

5,246,627

 

 

(3,789

)

Contract owner charges

 

(341

)

 

(886,271

)

 

(8,200

)

 

(904,473

)

 

(1,202

)

 

(707,746

)

 

(210

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(8,899

)

 

6,506,631

 

 

381,227

 

 

(2,327,305

)

 

90,843

 

 

5,588,617

 

 

1,966,417

 

                       

Net change in net assets

 

(8,981

)

 

18,126,867

 

 

523,282

 

 

(1,257,723

)

 

96,603

 

 

9,471,638

 

 

2,085,559

 

                       

Net assets beginning of year

 

55,909

 

 

87,979,555

 

 

448,402

 

 

98,724,937

 

 

217,003

 

 

58,076,191

 

 

28,882

 

                       

Net assets end of year

$

46,928

 

$

106,106,422

 

$

971,684

 

$

97,467,214

 

$

313,606

 

$

67,547,829

 

$

2,114,441

 

                       

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

5,603

 

 

4,608,867

 

 

23,524

 

 

8,670,641

 

 

18,291

 

 

2,182,019

 

 

832

 

Units issued

 

2,812

 

 

2,284,688

 

 

31,417

 

 

3,003,012

 

 

11,968

 

 

824,629

 

 

108,141

 

Units redeemed

 

(3,670

)

 

(2,002,734

)

 

(10,961

)

 

(3,227,127

)

 

(4,339

)

 

(657,652

)

 

(55,585

)

Units outstanding at end of year

 

4,745

 

 

4,890,821

 

 

43,980

 

 

8,446,526

 

 

25,920

 

 

2,348,996

 

 

53,388

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investment Divisions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

33,965

 

$

40,891,651

 

$

603,392

 

$

34,440,824

 

$

143,335

 

$

23,688,856

 

$

4,170,462

 

Proceeds from sales

$

43,060

 

$

35,562,129

 

$

225,053

 

$

38,079,683

 

$

53,932

 

$

19,028,741

 

$

2,211,010

 

See Notes to the Financial Statements.

57


N-VPFS58th “Page” of 183TOC1stPreviousNextBottomJust 58th
                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/First State Global Infrastructure Fund - Class A

 

JNL/First State Global Infrastructure Fund - Class I

 

JNL/Franklin Templeton Global Multisector Bond Fund - Class A

 

JNL/Franklin Templeton Global Multisector Bond Fund - Class I

 

JNL/Franklin Templeton Growth Allocation Fund - Class A

 

JNL/Franklin Templeton Growth Allocation Fund - Class I

 

JNL/Franklin Templeton Income Fund - Class A

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(817,352

)

$

(70

)

$

4,817,277

 

$

9,629

 

$

(1,002,263

)

$

(542

)

$

(1,902,393

)

Net realized gain (loss) on investments

 

356,017

 

 

10

 

 

(2,224,856

)

 

(446

)

 

3,085,261

 

 

664

 

 

844,603

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

(3,209,747

)

 

589

 

 

(5,885,539

)

 

(11,489

)

 

3,805,020

 

 

10,586

 

 

(814,507

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

(3,671,082

)

 

529

 

 

(3,293,118

)

 

(2,306

)

 

5,888,018

 

 

10,708

 

 

(1,872,297

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

2,322,608

 

 

5,244

 

 

1,556,099

 

 

26,598

 

 

1,377,886

 

 

 

 

5,133,735

 

Surrenders and terminations

 

(3,849,394

)

 

 

 

(3,235,214

)

 

 

 

(4,586,585

)

 

 

 

(11,989,184

)

Transfers between Investment Divisions

 

(4,072,551

)

 

2,746

 

 

(140,550

)

 

9,473

 

 

(3,919,377

)

 

(5,274

)

 

(4,288,850

)

Contract owner charges

 

(640,351

)

 

(21

)

 

(303,091

)

 

(625

)

 

(815,392

)

 

 

 

(1,356,150

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(6,239,688

)

 

7,969

 

 

(2,122,756

)

 

35,446

 

 

(7,943,468

)

 

(5,274

)

 

(12,500,449

)

                       

Net change in net assets

 

(9,910,770

)

 

8,498

 

 

(5,415,874

)

 

33,140

 

 

(2,055,450

)

 

5,434

 

 

(14,372,746

)

                       

Net assets beginning of year

 

67,991,346

 

 

12,262

 

 

42,173,535

 

 

35,537

 

 

72,169,337

 

 

100,906

 

 

151,041,790

 

                       

Net assets end of year

$

58,080,576

 

$

20,760

 

$

36,757,661

 

$

68,677

 

$

70,113,887

 

$

106,340

 

$

136,669,044

 

                       

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

3,906,009

 

 

624

 

 

3,667,392

 

 

2,751

 

 

5,139,398

 

 

6,520

 

 

8,942,802

 

Units issued

 

600,085

 

 

495

 

 

1,019,968

 

 

3,280

 

 

332,562

 

 

 

 

1,027,187

 

Units redeemed

 

(990,139

)

 

(20

)

 

(1,220,654

)

 

(323

)

 

(913,271

)

 

(318

)

 

(1,836,768

)

Units outstanding at end of year

 

3,515,955

 

 

1,099

 

 

3,466,706

 

 

5,708

 

 

4,558,689

 

 

6,202

 

 

8,133,221

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investment Divisions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

9,342,391

 

$

8,328

 

$

16,276,968

 

$

49,153

 

$

4,502,577

 

$

 

$

16,059,271

 

Proceeds from sales

$

16,399,431

 

$

428

 

$

13,582,447

 

$

4,078

 

$

13,448,307

 

$

5,815

 

$

30,462,113

 

See Notes to the Financial Statements.

58


N-VPFS59th “Page” of 183TOC1stPreviousNextBottomJust 59th
                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Franklin Templeton Income Fund - Class I

 

JNL/Franklin Templeton International Small Cap Fund - Class A

 

JNL/Franklin Templeton International Small Cap Fund - Class I

 

JNL/Goldman Sachs 4 Fund - Class A

 

JNL/Goldman Sachs 4 Fund - Class I

 

JNL/Goldman Sachs Competitive Advantage Fund - Class A

 

JNL/Goldman Sachs Competitive Advantage Fund - Class I

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(867

)

$

118,658

 

$

1,048

 

$

(5,799,477

)

$

(2,606

)

$

(775,744

)

$

(253

)

Net realized gain (loss) on investments

 

(93

)

 

(2,380,460

)

 

224

 

 

19,172,015

 

 

(44,847

)

 

1,536,888

 

 

1,522

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

7,337

 

 

45,768

 

 

7,381

 

 

(8,430,820

)

 

(11,962

)

 

7,487,054

 

 

6,360

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

6,377

 

 

(2,216,034

)

 

8,653

 

 

4,941,718

 

 

(59,415

)

 

8,248,198

 

 

7,629

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

55,863

 

 

3,144,571

 

 

33,000

 

 

10,811,183

 

 

137,000

 

 

1,816,993

 

 

 

Surrenders and terminations

 

 

 

(1,936,964

)

 

 

 

(26,161,679

)

 

 

 

(2,918,597

)

 

 

Transfers between Investment Divisions

 

9,771

 

 

(2,770,891

)

 

(8,643

)

 

(49,840,973

)

 

(359,162

)

 

(9,107,794

)

 

(18,187

)

Contract owner charges

 

(1,450

)

 

(377,759

)

 

(581

)

 

(4,543,684

)

 

(8,682

)

 

(593,539

)

 

(634

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

64,184

 

 

(1,941,043

)

 

23,776

 

 

(69,735,153

)

 

(230,844

)

 

(10,802,937

)

 

(18,821

)

                       

Net change in net assets

 

70,561

 

 

(4,157,077

)

 

32,429

 

 

(64,793,435

)

 

(290,259

)

 

(2,554,739

)

 

(11,192

)

                       

Net assets beginning of year

 

143,223

 

 

41,823,231

 

 

34,324

 

 

498,390,578

 

 

898,889

 

 

59,154,694

 

 

50,786

 

                       

Net assets end of year

$

213,784

 

$

37,666,154

 

$

66,753

 

$

433,597,143

 

$

608,630

 

$

56,599,955

 

$

39,594

 

                       

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

7,188

 

 

3,533,400

 

 

2,391

 

 

18,848,225

 

 

37,712

 

 

1,889,126

 

 

1,372

 

Units issued

 

3,424

 

 

1,018,081

 

 

3,515

 

 

1,957,163

 

 

11,678

 

 

298,893

 

 

177

 

Units redeemed

 

(105

)

 

(1,214,841

)

 

(1,087

)

 

(4,914,973

)

 

(24,929

)

 

(645,559

)

 

(639

)

Units outstanding at end of year

 

10,507

 

 

3,336,640

 

 

4,819

 

 

15,890,415

 

 

24,461

 

 

1,542,460

 

 

910

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investment Divisions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

66,125

 

$

10,307,744

 

$

38,190

 

$

44,544,621

 

$

274,031

 

$

9,156,600

 

$

6,814

 

Proceeds from sales

$

2,807

 

$

11,986,484

 

$

13,113

 

$

120,079,252

 

$

507,481

 

$

20,735,281

 

$

25,887

 

See Notes to the Financial Statements.

59


N-VPFS60th “Page” of 183TOC1stPreviousNextBottomJust 60th
                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Goldman Sachs Dividend Income & Growth Fund - Class A

 

JNL/Goldman Sachs Dividend Income & Growth Fund - Class I

 

JNL/Goldman Sachs International 5 Fund - Class A

 

JNL/Goldman Sachs International 5 Fund - Class I

 

JNL/Goldman Sachs Intrinsic Value Fund - Class A

 

JNL/Goldman Sachs Intrinsic Value Fund - Class I

 

JNL/Goldman Sachs Managed Aggressive Growth Fund - Class A

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(3,493,030

)

$

(5,639

)

$

(52,952

)

$

(37

)

$

(648,920

)

$

(127

)

$

(2,441,861

)

Net realized gain (loss) on investments

 

(10,977,239

)

 

(151,999

)

 

(405,061

)

 

(18

)

 

(3,042,719

)

 

(47

)

 

11,231,038

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

(4,531,310

)

 

89,396

 

 

409,879

 

 

(65

)

 

2,011,156

 

 

675

 

 

19,805,761

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

(19,001,579

)

 

(68,242

)

 

(48,134

)

 

(120

)

 

(1,680,483

)

 

501

 

 

28,594,938

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

7,042,962

 

 

923,420

 

 

270,374

 

 

 

 

1,123,673

 

 

 

 

8,244,796

 

Surrenders and terminations

 

(16,355,345

)

 

(2,484

)

 

(311,327

)

 

 

 

(2,947,976

)

 

 

 

(6,122,470

)

Transfers between Investment Divisions

 

(18,320,983

)

 

(280,685

)

 

561,621

 

 

 

 

(5,851,813

)

 

1,694

 

 

(7,004,222

)

Contract owner charges

 

(2,801,544

)

 

(7,357

)

 

(24,174

)

 

(129

)

 

(517,237

)

 

(185

)

 

(1,854,826

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(30,434,910

)

 

632,894

 

 

496,494

 

 

(129

)

 

(8,193,353

)

 

1,509

 

 

(6,736,722

)

                       

Net change in net assets

 

(49,436,489

)

 

564,652

 

 

448,360

 

 

(249

)

 

(9,873,836

)

 

2,010

 

 

21,858,216

 

                       

Net assets beginning of year

 

301,825,103

 

 

601,813

 

 

4,620,719

 

 

9,744

 

 

57,213,071

 

 

25,918

 

 

166,565,368

 

                       

Net assets end of year

$

252,388,614

 

$

1,166,465

 

$

5,069,079

 

$

9,495

 

$

47,339,235

 

$

27,928

 

$

188,423,584

 

                       

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

11,232,191

 

 

18,930

 

 

366,896

 

 

851

 

 

2,248,393

 

 

868

 

 

5,716,472

 

Units issued

 

1,830,736

 

 

83,613

 

 

322,456

 

 

 

 

407,195

 

 

68

 

 

1,090,835

 

Units redeemed

 

(3,185,311

)

 

(64,472

)

 

(276,135

)

 

(13

)

 

(778,624

)

 

(7

)

 

(1,347,902

)

Units outstanding at end of year

 

9,877,616

 

 

38,071

 

 

413,217

 

 

838

 

 

1,876,964

 

 

929

 

 

5,459,405

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investment Divisions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

41,201,613

 

$

2,318,252

 

$

3,248,450

 

$

 

$

8,673,114

 

$

1,693

 

$

31,970,493

 

Proceeds from sales

$

75,129,554

 

$

1,690,996

 

$

2,804,908

 

$

166

 

$

17,515,387

 

$

312

 

$

41,149,077

 

See Notes to the Financial Statements.

60


N-VPFS61st “Page” of 183TOC1stPreviousNextBottomJust 61st
                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Goldman Sachs Managed Aggressive Growth Fund - Class I

 

JNL/Goldman Sachs Managed Conservative Fund - Class A

 

JNL/Goldman Sachs Managed Conservative Fund - Class I

 

JNL/Goldman Sachs Managed Growth Fund - Class A

 

JNL/Goldman Sachs Managed Growth Fund - Class I

 

JNL/Goldman Sachs Managed Moderate Fund - Class A

 

JNL/Goldman Sachs Managed Moderate Fund - Class I

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(5,384

)

$

(1,481,499

)

$

 

$

(5,706,269

)

$

(354

)

$

(3,625,664

)

$

 

Net realized gain (loss) on investments

 

34,931

 

 

4,704,601

 

 

 

 

26,759,798

 

 

73

 

 

12,546,437

 

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

222,882

 

 

3,286,353

 

 

 

 

40,500,789

 

 

31,427

 

 

15,186,762

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

252,429

 

 

6,509,455

 

 

 

 

61,554,318

 

 

31,146

 

 

24,107,535

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

500,000

 

 

2,883,423

 

 

 

 

9,516,146

 

 

64,276

 

 

4,510,710

 

 

 

Surrenders and terminations

 

 

 

(12,467,982

)

 

 

 

(27,975,350

)

 

 

 

(23,201,047

)

 

 

Transfers between Investment Divisions

 

(350,811

)

 

422,326

 

 

 

 

(10,403,984

)

 

269,241

 

 

(12,819,669

)

 

 

Contract owner charges

 

(12,636

)

 

(1,218,476

)

 

 

 

(4,567,128

)

 

(846

)

 

(3,060,550

)

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

136,553

 

 

(10,380,709

)

 

 

 

(33,430,316

)

 

332,671

 

 

(34,570,556

)

 

 

                       

Net change in net assets

 

388,982

 

 

(3,871,254

)

 

 

 

28,124,002

 

 

363,817

 

 

(10,463,021

)

 

 

                       

Net assets beginning of year

 

730,343

 

 

102,028,168

 

 

 

 

396,991,752

 

 

 

 

259,023,701

 

 

 

                       

Net assets end of year

$

1,119,325

 

$

98,156,914

 

$

 

$

425,115,754

 

$

363,817

 

$

248,560,680

 

$

 

                       

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

21,638

 

 

6,784,413

 

 

 

 

14,016,687

 

 

 

 

14,371,744

 

 

 

Units issued

 

24,067

 

 

1,164,575

 

 

 

 

1,473,442

 

 

13,993

 

 

706,320

 

 

 

Units redeemed

 

(16,180

)

 

(1,868,737

)

 

 

 

(2,671,295

)

 

(35

)

 

(2,627,723

)

 

 

Units outstanding at end of year

 

29,525

 

 

6,080,251

 

 

 

 

12,818,834

 

 

13,958

 

 

12,450,341

 

 

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investment Divisions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

545,690

 

$

17,639,735

 

$

 

$

41,551,745

 

$

333,517

 

$

12,974,925

 

$

 

Proceeds from sales

$

414,520

 

$

29,501,942

 

$

 

$

80,688,330

 

$

1,200

 

$

51,171,145

 

$

 

See Notes to the Financial Statements.

61


N-VPFS62nd “Page” of 183TOC1stPreviousNextBottomJust 62nd
                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Goldman Sachs Managed Moderate Growth Fund - Class A

 

JNL/Goldman Sachs Managed Moderate Growth Fund - Class I

 

JNL/Goldman Sachs Total Yield Fund - Class A

 

JNL/Goldman Sachs Total Yield Fund - Class I

 

JNL/GQG Emerging Markets Equity Fund - Class A

 

JNL/GQG Emerging Markets Equity Fund - Class I

 

JNL/Harris Oakmark Global Equity Fund - Class A

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(5,980,164

)

$

(430

)

$

(384,699

)

$

(47

)

$

(106,591

)

$

(641

)

$

439,596

 

Net realized gain (loss) on investments

 

21,758,908

 

 

32

 

 

(1,818,337

)

 

3

 

 

568,363

 

 

813

 

 

(1,150,023

)

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

36,906,013

 

 

14,294

 

 

1,339,622

 

 

3,768

 

 

2,453,514

 

 

76,563

 

 

2,635,785

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

52,684,757

 

 

13,896

 

 

(863,414

)

 

3,724

 

 

2,915,286

 

 

76,735

 

 

1,925,358

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

8,038,926

 

 

53,089

 

 

916,799

 

 

 

 

1,526,982

 

 

38,000

 

 

980,463

 

Surrenders and terminations

 

(29,542,701

)

 

(147

)

 

(1,690,046

)

 

 

 

(472,535

)

 

(1,091

)

 

(1,331,598

)

Transfers between Investment Divisions

 

(8,699,467

)

 

 

 

(3,027,624

)

 

51,877

 

 

5,273,424

 

 

301,415

 

 

(2,311,788

)

Contract owner charges

 

(4,855,355

)

 

 

 

(328,224

)

 

(184

)

 

(77,679

)

 

(1,757

)

 

(128,193

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(35,058,597

)

 

52,942

 

 

(4,129,095

)

 

51,693

 

 

6,250,192

 

 

336,567

 

 

(2,791,116

)

                       

Net change in net assets

 

17,626,160

 

 

66,838

 

 

(4,992,509

)

 

55,417

 

 

9,165,478

 

 

413,302

 

 

(865,758

)

                       

Net assets beginning of year

 

420,453,923

 

 

53,964

 

 

33,204,955

 

 

4,324

 

 

4,248,975

 

 

11,407

 

 

25,227,758

 

                       

Net assets end of year

$

438,080,083

 

$

120,802

 

$

28,212,446

 

$

59,741

 

$

13,414,453

 

$

424,709

 

$

24,362,000

 

                       

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

17,072,827

 

 

1,764

 

 

1,528,204

 

 

165

 

 

405,951

 

 

1,058

 

 

2,172,191

 

Units issued

 

1,366,823

 

 

2,574

 

 

265,350

 

 

2,070

 

 

891,102

 

 

28,882

 

 

415,641

 

Units redeemed

 

(2,816,183

)

 

(7

)

 

(505,495

)

 

(7

)

 

(322,904

)

 

(330

)

 

(678,542

)

Units outstanding at end of year

 

15,623,467

 

 

4,331

 

 

1,288,059

 

 

2,228

 

 

974,149

 

 

29,610

 

 

1,909,290

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investment Divisions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

34,352,787

 

$

53,088

 

$

5,090,298

 

$

51,877

 

$

10,044,958

 

$

340,771

 

$

4,712,998

 

Proceeds from sales

$

75,391,548

 

$

576

 

$

9,604,092

 

$

232

 

$

3,901,358

 

$

4,846

 

$

7,064,517

 

See Notes to the Financial Statements.

62


N-VPFS63rd “Page” of 183TOC1stPreviousNextBottomJust 63rd
                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Harris Oakmark Global Equity Fund - Class I

 

JNL/Heitman U.S. Focused Real Estate Fund - Class A

 

JNL/Heitman U.S. Focused Real Estate Fund - Class I

 

JNL/Invesco Diversified Dividend Fund - Class A

 

JNL/Invesco Diversified Dividend Fund - Class I

 

JNL/Invesco Global Growth Fund - Class A

 

JNL/Invesco Global Growth Fund - Class I

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

4,825

 

$

14,943

 

$

2,145

 

$

(113,726

)

$

(5

)

$

(1,904,760

)

$

(1,459

)

Net realized gain (loss) on investments

 

1

 

 

95,371

 

 

11,910

 

 

(15,726

)

 

1

 

 

5,132,719

 

 

4,467

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

8,589

 

 

(198,625

)

 

(14,707

)

 

246,776

 

 

350

 

 

23,808,260

 

 

75,264

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

13,415

 

 

(88,311

)

 

(652

)

 

117,324

 

 

346

 

 

27,036,219

 

 

78,272

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

90,886

 

 

447,805

 

 

 

 

1,939,703

 

 

2,501

 

 

3,161,730

 

 

30,000

 

Surrenders and terminations

 

 

 

(69,755

)

 

 

 

(183,723

)

 

 

 

(8,825,731

)

 

 

Transfers between Investment Divisions

 

30,148

 

 

665,517

 

 

52,165

 

 

(210,937

)

 

 

 

(25,912,380

)

 

49,972

 

Contract owner charges

 

(288

)

 

(21,789

)

 

(1,473

)

 

(74,267

)

 

(22

)

 

(1,503,081

)

 

(2,696

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

120,746

 

 

1,021,778

 

 

50,692

 

 

1,470,776

 

 

2,479

 

 

(33,079,462

)

 

77,276

 

                       

Net change in net assets

 

134,161

 

 

933,467

 

 

50,040

 

 

1,588,100

 

 

2,825

 

 

(6,043,243

)

 

155,548

 

                       

Net assets beginning of year

 

69,136

 

 

1,529,700

 

 

86,172

 

 

7,960,432

 

 

 

 

148,764,631

 

 

224,752

 

                       

Net assets end of year

$

203,297

 

$

2,463,167

 

$

136,212

 

$

9,548,532

 

$

2,825

 

$

142,721,388

 

$

380,300

 

                       

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

5,801

 

 

132,911

 

 

7,341

 

 

692,238

 

 

 

 

5,327,992

 

 

6,364

 

Units issued

 

10,169

 

 

216,072

 

 

4,929

 

 

416,291

 

 

240

 

 

499,538

 

 

2,905

 

Units redeemed

 

(557

)

 

(122,916

)

 

(143

)

 

(272,276

)

 

(2

)

 

(1,772,646

)

 

(898

)

Units outstanding at end of year

 

15,413

 

 

226,067

 

 

12,127

 

 

836,253

 

 

238

 

 

4,054,884

 

 

8,371

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investment Divisions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

132,341

 

$

2,511,293

 

$

66,625

 

$

4,258,054

 

$

2,500

 

$

13,526,695

 

$

113,414

 

Proceeds from sales

$

6,770

 

$

1,261,891

 

$

1,890

 

$

2,901,003

 

$

27

 

$

48,510,918

 

$

37,596

 

See Notes to the Financial Statements.

63


N-VPFS64th “Page” of 183TOC1stPreviousNextBottomJust 64th
                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Invesco Global Real Estate Fund - Class A

 

JNL/Invesco Global Real Estate Fund - Class I

 

JNL/Invesco International Growth Fund - Class A

 

JNL/Invesco International Growth Fund - Class I

 

JNL/Invesco Small Cap Growth Fund - Class A

 

JNL/Invesco Small Cap Growth Fund - Class I

 

JNL/JPMorgan Global Allocation Fund - Class A

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(905,552

)

$

(301

)

$

394,442

 

$

4,050

 

$

(2,134,837

)

$

(2,278

)

$

(674,502

)

Net realized gain (loss) on investments

 

(1,992,255

)

 

519

 

 

1,797,627

 

 

2,129

 

 

10,138,859

 

 

17,407

 

 

882,189

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

(7,947,267

)

 

(6,101

)

 

4,518,997

 

 

22,051

 

 

63,891,647

 

 

239,787

 

 

14,606,200

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

(10,845,074

)

 

(5,883

)

 

6,711,066

 

 

28,230

 

 

71,895,669

 

 

254,916

 

 

14,813,887

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

1,902,952

 

 

12,000

 

 

2,275,874

 

 

10,000

 

 

9,655,323

 

 

137,000

 

 

848,283

 

Surrenders and terminations

 

(3,845,569

)

 

 

 

(3,078,609

)

 

 

 

(7,505,118

)

 

(6,228

)

 

(3,471,215

)

Transfers between Investment Divisions

 

(6,102,575

)

 

(10,384

)

 

(7,405,771

)

 

115,416

 

 

(10,646,538

)

 

128,011

 

 

55,048,137

 

Contract owner charges

 

(714,125

)

 

(407

)

 

(616,826

)

 

(1,831

)

 

(1,648,358

)

 

(6,954

)

 

(554,375

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(8,759,317

)

 

1,209

 

 

(8,825,332

)

 

123,585

 

 

(10,144,691

)

 

251,829

 

 

51,870,830

 

                       

Net change in net assets

 

(19,604,391

)

 

(4,674

)

 

(2,114,266

)

 

151,815

 

 

61,750,978

 

 

506,745

 

 

66,684,717

 

                       

Net assets beginning of year

 

80,383,138

 

 

70,656

 

 

67,144,882

 

 

110,649

 

 

144,776,750

 

 

302,041

 

 

4,661,874

 

                       

Net assets end of year

$

60,778,747

 

$

65,982

 

$

65,030,616

 

$

262,464

 

$

206,527,728

 

$

808,786

 

$

71,346,591

 

                       

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

4,023,570

 

 

3,008

 

 

2,750,010

 

 

3,262

 

 

3,923,016

 

 

6,300

 

 

376,851

 

Units issued

 

686,886

 

 

643

 

 

348,297

 

 

9,513

 

 

823,688

 

 

5,786

 

 

5,716,342

 

Units redeemed

 

(1,198,584

)

 

(462

)

 

(727,744

)

 

(6,267

)

 

(1,129,499

)

 

(1,294

)

 

(706,321

)

Units outstanding at end of year

 

3,511,872

 

 

3,189

 

 

2,370,563

 

 

6,508

 

 

3,617,205

 

 

10,792

 

 

5,386,872

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investment Divisions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

11,113,064

 

$

12,000

 

$

10,342,034

 

$

332,141

 

$

34,711,026

 

$

329,598

 

$

60,109,803

 

Proceeds from sales

$

20,777,934

 

$

11,092

 

$

17,725,578

 

$

201,144

 

$

46,990,554

 

$

80,046

 

$

8,913,475

 

See Notes to the Financial Statements.

64


N-VPFS65th “Page” of 183TOC1stPreviousNextBottomJust 65th
                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/JPMorgan Global Allocation Fund - Class I

 

JNL/JPMorgan Growth & Income Fund - Class A

 

JNL/JPMorgan Growth & Income Fund - Class I

 

JNL/JPMorgan Hedged Equity Fund - Class A

 

JNL/JPMorgan Hedged Equity Fund - Class I

 

JNL/JPMorgan MidCap Growth Fund - Class A

 

JNL/JPMorgan MidCap Growth Fund - Class I

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(157

)

$

(645,015

)

$

(370

)

$

(139,000

)

$

442

 

$

(2,226,529

)

$

(3,097

)

Net realized gain (loss) on investments

 

58

 

 

383,904

 

 

(11

)

 

394,549

 

 

1,196

 

 

12,871,242

 

 

33,131

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

11,136

 

 

1,082,975

 

 

1,744

 

 

3,239,975

 

 

13,932

 

 

56,290,322

 

 

297,284

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

11,037

 

 

821,864

 

 

1,363

 

 

3,495,524

 

 

15,570

 

 

66,935,035

 

 

327,318

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

 

 

1,575,414

 

 

 

 

3,717,596

 

 

45,000

 

 

20,987,007

 

 

775,069

 

Surrenders and terminations

 

 

 

(3,484,915

)

 

 

 

(1,098,544

)

 

 

 

(10,146,409

)

 

(7,453

)

Transfers between Investment Divisions

 

40,069

 

 

8,597,698

 

 

15,293

 

 

17,533,890

 

 

85,626

 

 

14,578,225

 

 

136,891

 

Contract owner charges

 

(343

)

 

(523,379

)

 

(117

)

 

(143,470

)

 

(718

)

 

(1,559,463

)

 

(8,772

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

39,726

 

 

6,164,818

 

 

15,176

 

 

20,009,472

 

 

129,908

 

 

23,859,360

 

 

895,735

 

                       

Net change in net assets

 

50,763

 

 

6,986,682

 

 

16,539

 

 

23,504,996

 

 

145,478

 

 

90,794,395

 

 

1,223,053

 

                       

Net assets beginning of year

 

 

 

44,051,807

 

 

58,390

 

 

9,274,617

 

 

48,751

 

 

135,134,048

 

 

251,472

 

                       

Net assets end of year

$

50,763

 

$

51,038,489

 

$

74,929

 

$

32,779,613

 

$

194,229

 

$

225,928,443

 

$

1,474,525

 

                       

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

 

 

2,935,845

 

 

3,387

 

 

870,293

 

 

4,506

 

 

2,036,615

 

 

2,711

 

Units issued

 

3,540

 

 

1,588,664

 

 

1,093

 

 

2,501,169

 

 

13,867

 

 

948,960

 

 

9,407

 

Units redeemed

 

(27

)

 

(935,911

)

 

(10

)

 

(649,406

)

 

(2,651

)

 

(666,764

)

 

(1,779

)

Units outstanding at end of year

 

3,513

 

 

3,588,598

 

 

4,470

 

 

2,722,056

 

 

15,722

 

 

2,318,811

 

 

10,339

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investment Divisions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

40,069

 

$

18,359,752

 

$

15,329

 

$

27,262,154

 

$

159,624

 

$

73,561,836

 

$

1,096,458

 

Proceeds from sales

$

500

 

$

12,839,950

 

$

524

 

$

7,391,683

 

$

29,273

 

$

51,929,005

 

$

203,820

 

See Notes to the Financial Statements.

65


N-VPFS66th “Page” of 183TOC1stPreviousNextBottomJust 66th
                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/JPMorgan U.S. Government & Quality Bond Fund - Class A

 

JNL/JPMorgan U.S. Government & Quality Bond Fund - Class I

 

JNL/Lazard International Strategic Equity Fund - Class A

 

JNL/Lazard International Strategic Equity Fund - Class I

 

JNL/Loomis Sayles Global Growth Fund - Class A

 

JNL/Loomis Sayles Global Growth Fund - Class I(a)

 

JNL/Lord Abbett Short Duration Income Fund - Class A(a)

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(1,247,167

)

$

(6,103

)

$

(23,384

)

$

78

 

$

(220,593

)

$

(5

)

$

(34,289

)

Net realized gain (loss) on investments

 

2,280,035

 

 

64,198

 

 

110,004

 

 

30

 

 

1,114,914

 

 

44

 

 

42,967

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

2,940,395

 

 

21,819

 

 

415,472

 

 

4,068

 

 

8,915,034

 

 

2,251

 

 

70,246

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

3,973,263

 

 

79,914

 

 

502,092

 

 

4,176

 

 

9,809,355

 

 

2,290

 

 

78,924

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

9,701,811

 

 

2,111,004

 

 

425,348

 

 

10,000

 

 

611,892

 

 

 

 

3,230,651

 

Surrenders and terminations

 

(8,374,182

)

 

(4,936

)

 

(300,304

)

 

 

 

(1,314,035

)

 

 

 

(142,841

)

Transfers between Investment Divisions

 

25,759,193

 

 

(947,485

)

 

(15,915

)

 

4,393

 

 

22,392,811

 

 

4,977

 

 

2,760,581

 

Contract owner charges

 

(850,648

)

 

(3,676

)

 

(9,770

)

 

(168

)

 

(241,256

)

 

(65

)

 

(21,154

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

26,236,174

 

 

1,154,907

 

 

99,359

 

 

14,225

 

 

21,449,412

 

 

4,912

 

 

5,827,237

 

                       

Net change in net assets

 

30,209,437

 

 

1,234,821

 

 

601,451

 

 

18,401

 

 

31,258,767

 

 

7,202

 

 

5,906,161

 

                       

Net assets beginning of year

 

64,667,108

 

 

355,364

 

 

4,676,801

 

 

 

 

165,668

 

 

 

 

 

                       

Net assets end of year

$

94,876,545

 

$

1,590,185

 

$

5,278,252

 

$

18,401

 

$

31,424,435

 

$

7,202

 

$

5,906,161

 

                       

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

2,972,233

 

 

11,100

 

 

315,970

 

 

 

 

14,550

 

 

 

 

 

Units issued

 

3,271,668

 

 

114,366

 

 

111,793

 

 

1,069

 

 

2,457,808

 

 

468

 

 

1,179,147

 

Units redeemed

 

(2,138,533

)

 

(75,785

)

 

(108,153

)

 

(11

)

 

(384,040

)

 

(5

)

 

(609,528

)

Units outstanding at end of year

 

4,105,368

 

 

49,681

 

 

319,610

 

 

1,058

 

 

2,088,318

 

 

463

 

 

569,619

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investment Divisions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

75,413,411

 

$

3,691,994

 

$

1,611,575

 

$

14,530

 

$

26,587,373

 

$

5,019

 

$

12,106,620

 

Proceeds from sales

$

50,424,404

 

$

2,543,191

 

$

1,535,600

 

$

227

 

$

5,239,507

 

$

84

 

$

6,313,672

 

  

(a)

The mutual fund's shares, as applicable, became available for investment by the Investment Division on April 27, 2020. The Statement of Changes in Net Assets is from April 27, 2020 through December 31, 2020.

See Notes to the Financial Statements.

66


N-VPFS67th “Page” of 183TOC1stPreviousNextBottomJust 67th
                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Lord Abbett Short Duration Income Fund - Class I(a)

 

JNL/Mellon Bond Index Fund - Class A

 

JNL/Mellon Bond Index Fund - Class I

 

JNL/Mellon Communication Services Sector Fund - Class A

 

JNL/Mellon Communication Services Sector Fund - Class I

 

JNL/Mellon Consumer Discretionary Sector Fund - Class A

 

JNL/Mellon Consumer Discretionary Sector Fund - Class I

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(567

)

$

(1,249,054

)

$

(934

)

$

(198,961

)

$

(76

)

$

(1,389,966

)

$

(796

)

Net realized gain (loss) on investments

 

4,537

 

 

1,829,771

 

 

3,600

 

 

552,129

 

 

43

 

 

8,616,397

 

 

16,889

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

1,327

 

 

4,026,452

 

 

7,258

 

 

3,244,612

 

 

5,849

 

 

30,570,123

 

 

66,929

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

5,297

 

 

4,607,169

 

 

9,924

 

 

3,597,780

 

 

5,816

 

 

37,796,554

 

 

83,022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

48,462

 

 

6,541,209

 

 

263,269

 

 

1,585,064

 

 

20,451

 

 

6,118,686

 

 

15,000

 

Surrenders and terminations

 

 

 

(6,156,183

)

 

(2,024

)

 

(873,635

)

 

 

 

(5,013,916

)

 

(695

)

Transfers between Investment Divisions

 

(5,081

)

 

8,062,433

 

 

(52,328

)

 

1,772,180

 

 

5,252

 

 

(1,804,906

)

 

99,817

 

Contract owner charges

 

(1,399

)

 

(728,205

)

 

(750

)

 

(143,305

)

 

(177

)

 

(983,386

)

 

(1,416

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

41,982

 

 

7,719,254

 

 

208,167

 

 

2,340,304

 

 

25,526

 

 

(1,683,522

)

 

112,706

 

                       

Net change in net assets

 

47,279

 

 

12,326,423

 

 

218,091

 

 

5,938,084

 

 

31,342

 

 

36,113,032

 

 

195,728

 

                       

Net assets beginning of year

 

 

 

86,536,884

 

 

110,165

 

 

12,496,385

 

 

4,974

 

 

92,409,536

 

 

117,143

 

                       

Net assets end of year

$

47,279

 

$

98,863,307

 

$

328,256

 

$

18,434,469

 

$

36,316

 

$

128,522,568

 

$

312,871

 

                       

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

 

 

5,701,267

 

 

5,521

 

 

1,087,112

 

 

314

 

 

2,593,593

 

 

2,403

 

Units issued

 

24,979

 

 

3,087,346

 

 

17,270

 

 

627,207

 

 

1,584

 

 

786,747

 

 

3,795

 

Units redeemed

 

(20,444

)

 

(2,627,279

)

 

(5,897

)

 

(415,016

)

 

(24

)

 

(898,573

)

 

(1,860

)

Units outstanding at end of year

 

4,535

 

 

6,161,334

 

 

16,894

 

 

1,299,303

 

 

1,874

 

 

2,481,767

 

 

4,338

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investment Divisions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

253,815

 

$

49,421,343

 

$

332,181

 

$

7,326,040

 

$

25,936

 

$

32,581,198

 

$

218,838

 

Proceeds from sales

$

212,400

 

$

42,951,143

 

$

124,948

 

$

5,184,697

 

$

486

 

$

35,654,685

 

$

106,929

 

  

(a)

The mutual fund's shares, as applicable, became available for investment by the Investment Division on April 27, 2020. The Statement of Changes in Net Assets is from April 27, 2020 through December 31, 2020.

See Notes to the Financial Statements.

67


N-VPFS68th “Page” of 183TOC1stPreviousNextBottomJust 68th
                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Mellon Consumer Staples Sector Fund - Class A

 

JNL/Mellon Consumer Staples Sector Fund - Class I

 

JNL/Mellon Dow Index Fund - Class A

 

JNL/Mellon Dow Index Fund - Class I

 

JNL/Mellon Emerging Markets Index Fund - Class A

 

JNL/Mellon Emerging Markets Index Fund - Class I

 

JNL/Mellon Energy Sector Fund - Class A

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(141,849

)

$

(241

)

$

(590,034

)

$

(1,921

)

$

1,362,702

 

$

9,904

 

$

(943,195

)

Net realized gain (loss) on investments

 

261,748

 

 

1,642

 

 

1,950,805

 

 

41,408

 

 

217,823

 

 

1,046

 

 

(13,333,227

)

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

1,088,381

 

 

5,901

 

 

5,466,530

 

 

94,566

 

 

8,663,809

 

 

47,062

 

 

(12,870,351

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

1,208,280

 

 

7,302

 

 

6,827,301

 

 

134,053

 

 

10,244,334

 

 

58,012

 

 

(27,146,773

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

1,789,636

 

 

95,163

 

 

4,715,489

 

 

315,920

 

 

6,062,159

 

 

25,000

 

 

4,482,697

 

Surrenders and terminations

 

(409,105

)

 

 

 

(1,725,450

)

 

(3,347

)

 

(2,828,799

)

 

(334

)

 

(3,819,384

)

Transfers between Investment Divisions

 

2,074,052

 

 

(29,601

)

 

15,627,735

 

 

141,098

 

 

(9,180,314

)

 

26,815

 

 

10,219,116

 

Contract owner charges

 

(92,824

)

 

(620

)

 

(443,481

)

 

(4,078

)

 

(862,270

)

 

(2,957

)

 

(784,230

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

3,361,759

 

 

64,942

 

 

18,174,293

 

 

449,593

 

 

(6,809,224

)

 

48,524

 

 

10,098,199

 

                       

Net change in net assets

 

4,570,039

 

 

72,244

 

 

25,001,594

 

 

583,646

 

 

3,435,110

 

 

106,536

 

 

(17,048,574

)

                       

Net assets beginning of year

 

7,676,680

 

 

45,123

 

 

30,503,953

 

 

72,200

 

 

79,885,648

 

 

256,332

 

 

87,972,178

 

                       

Net assets end of year

$

12,246,719

 

$

117,367

 

$

55,505,547

 

$

655,846

 

$

83,320,758

 

$

362,868

 

$

70,923,604

 

                       

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

652,019

 

 

5,129

 

 

1,239,255

 

 

2,190

 

 

7,209,007

 

 

20,701

 

 

3,202,134

 

Units issued

 

820,368

 

 

8,511

 

 

1,828,150

 

 

26,347

 

 

1,877,674

 

 

15,978

 

 

1,987,192

 

Units redeemed

 

(519,185

)

 

(3,469

)

 

(978,271

)

 

(9,515

)

 

(2,582,663

)

 

(11,713

)

 

(1,250,649

)

Units outstanding at end of year

 

953,202

 

 

10,171

 

 

2,089,134

 

 

19,022

 

 

6,504,018

 

 

24,966

 

 

3,938,677

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investment Divisions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

9,129,164

 

$

104,367

 

$

41,135,254

 

$

762,846

 

$

21,796,386

 

$

194,520

 

$

31,993,560

 

Proceeds from sales

$

5,909,254

 

$

39,666

 

$

23,550,995

 

$

315,174

 

$

27,242,908

 

$

136,093

 

$

22,838,557

 

See Notes to the Financial Statements.

68


N-VPFS69th “Page” of 183TOC1stPreviousNextBottomJust 69th
                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Mellon Energy Sector Fund - Class I

 

JNL/Mellon Equity Income Fund - Class A

 

JNL/Mellon Equity Income Fund - Class I

 

JNL/Mellon Financial Sector Fund - Class A

 

JNL/Mellon Financial Sector Fund - Class I

 

JNL/Mellon Healthcare Sector Fund - Class A

 

JNL/Mellon Healthcare Sector Fund - Class I

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(181

)

$

(208,545

)

$

(472

)

$

(1,296,971

)

$

(350

)

$

(4,108,379

)

$

(2,152

)

Net realized gain (loss) on investments

 

3,196

 

 

(137,110

)

 

(283

)

 

123,960

 

 

(669

)

 

16,993,654

 

 

11,556

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

4,858

 

 

(45,260

)

 

16,684

 

 

(4,548,037

)

 

6,408

 

 

30,827,178

 

 

51,424

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

7,873

 

 

(390,915

)

 

15,929

 

 

(5,721,048

)

 

5,389

 

 

43,712,453

 

 

60,828

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

50,044

 

 

673,639

 

 

30,629

 

 

4,009,263

 

 

42,840

 

 

20,153,580

 

 

167,401

 

Surrenders and terminations

 

(2,146

)

 

(1,542,036

)

 

(4,092

)

 

(5,033,349

)

 

(3,588

)

 

(15,290,588

)

 

(7,835

)

Transfers between Investment Divisions

 

11,920

 

 

(1,041,555

)

 

63,921

 

 

(7,122,943

)

 

(15,116

)

 

(12,872,547

)

 

(97,533

)

Contract owner charges

 

(277

)

 

(59,240

)

 

(50

)

 

(1,021,361

)

 

(859

)

 

(3,061,591

)

 

(4,285

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

59,541

 

 

(1,969,192

)

 

90,408

 

 

(9,168,390

)

 

23,277

 

 

(11,071,146

)

 

57,748

 

                       

Net change in net assets

 

67,414

 

 

(2,360,107

)

 

106,337

 

 

(14,889,438

)

 

28,666

 

 

32,641,307

 

 

118,576

 

                       

Net assets beginning of year

 

15,540

 

 

21,730,806

 

 

51,927

 

 

115,372,043

 

 

64,206

 

 

287,925,038

 

 

437,786

 

                       

Net assets end of year

$

82,954

 

$

19,370,699

 

$

158,264

 

$

100,482,605

 

$

92,872

 

$

320,566,345

 

$

556,362

 

                       

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

404

 

 

921,530

 

 

2,610

 

 

6,258,482

 

 

2,546

 

 

7,519,831

 

 

8,601

 

Units issued

 

4,771

 

 

197,314

 

 

5,063

 

 

1,604,584

 

 

2,687

 

 

1,840,892

 

 

6,022

 

Units redeemed

 

(1,916

)

 

(304,858

)

 

(247

)

 

(2,182,899

)

 

(1,419

)

 

(2,147,625

)

 

(5,284

)

Units outstanding at end of year

 

3,259

 

 

813,986

 

 

7,426

 

 

5,680,167

 

 

3,814

 

 

7,213,098

 

 

9,339

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investment Divisions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

104,566

 

$

3,964,719

 

$

94,550

 

$

23,478,067

 

$

52,492

 

$

71,403,365

 

$

328,298

 

Proceeds from sales

$

45,206

 

$

6,142,455

 

$

4,614

 

$

33,943,429

 

$

29,565

 

$

86,582,889

 

$

272,701

 

See Notes to the Financial Statements.

69


N-VPFS70th “Page” of 183TOC1stPreviousNextBottomJust 70th
                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Mellon Index 5 Fund - Class A

 

JNL/Mellon Index 5 Fund - Class I

 

JNL/Mellon Industrials Sector Fund - Class A

 

JNL/Mellon Industrials Sector Fund - Class I

 

JNL/Mellon Information Technology Sector Fund - Class A

 

JNL/Mellon Information Technology Sector Fund - Class I

 

JNL/Mellon International Index Fund - Class A

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(1,556,649

)

$

(724

)

$

(55,245

)

$

(111

)

$

(5,003,077

)

$

(2,734

)

$

1,930,945

 

Net realized gain (loss) on investments

 

3,762,363

 

 

69

 

 

54,793

 

 

3,142

 

 

45,340,348

 

 

45,273

 

 

(1,310,090

)

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

8,308,145

 

 

52,882

 

 

707,134

 

 

5,771

 

 

87,948,589

 

 

210,157

 

 

4,293,358

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

10,513,859

 

 

52,227

 

 

706,682

 

 

8,802

 

 

128,285,860

 

 

252,696

 

 

4,914,213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

1,989,741

 

 

135,322

 

 

604,619

 

 

17,500

 

 

27,375,359

 

 

409,493

 

 

3,756,920

 

Surrenders and terminations

 

(6,315,872

)

 

 

 

(116,451

)

 

 

 

(17,000,814

)

 

(6,807

)

 

(5,010,686

)

Transfers between Investment Divisions

 

(6,753,542

)

 

153,746

 

 

2,737,850

 

 

(32,068

)

 

(1,839,964

)

 

95,369

 

 

(6,748,684

)

Contract owner charges

 

(1,211,070

)

 

(784

)

 

(42,885

)

 

(291

)

 

(3,638,841

)

 

(6,080

)

 

(1,035,063

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(12,290,743

)

 

288,284

 

 

3,183,133

 

 

(14,859

)

 

4,895,740

 

 

491,975

 

 

(9,037,513

)

                       

Net change in net assets

 

(1,776,884

)

 

340,511

 

 

3,889,815

 

 

(6,057

)

 

133,181,600

 

 

744,671

 

 

(4,123,300

)

                       

Net assets beginning of year

 

114,749,160

 

 

 

 

3,138,930

 

 

43,295

 

 

296,950,981

 

 

354,163

 

 

108,034,982

 

                       

Net assets end of year

$

112,972,276

 

$

340,511

 

$

7,028,745

 

$

37,238

 

$

430,132,581

 

$

1,098,834

 

$

103,911,682

 

                       

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

6,623,673

 

 

 

 

273,032

 

 

3,657

 

 

12,176,695

 

 

10,598

 

 

5,186,574

 

Units issued

 

352,733

 

 

15,297

 

 

508,455

 

 

1,874

 

 

4,577,607

 

 

19,075

 

 

785,747

 

Units redeemed

 

(1,088,670

)

 

(41

)

 

(235,704

)

 

(2,757

)

 

(4,453,065

)

 

(7,108

)

 

(1,279,120

)

Units outstanding at end of year

 

5,887,736

 

 

15,256

 

 

545,783

 

 

2,774

 

 

12,301,237

 

 

22,565

 

 

4,693,201

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investment Divisions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

5,946,309

 

$

289,068

 

$

5,626,333

 

$

18,523

 

$

126,126,968

 

$

763,557

 

$

19,189,833

 

Proceeds from sales

$

19,793,701

 

$

1,508

 

$

2,498,445

 

$

33,493

 

$

126,234,305

 

$

274,316

 

$

25,267,732

 

See Notes to the Financial Statements.

70


N-VPFS71st “Page” of 183TOC1stPreviousNextBottomJust 71st
                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Mellon International Index Fund - Class I

 

JNL/Mellon Materials Sector Fund - Class A

 

JNL/Mellon Materials Sector Fund - Class I

 

JNL/Mellon MSCI KLD 400 Social Index Fund - Class A

 

JNL/Mellon MSCI KLD 400 Social Index Fund - Class I

 

JNL/Mellon MSCI World Index Fund - Class A

 

JNL/Mellon MSCI World Index Fund - Class I

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

22,986

 

$

(34,793

)

$

(17

)

$

(114,077

)

$

(337

)

$

62,906

 

$

2,670

 

Net realized gain (loss) on investments

 

1,036

 

 

92,013

 

 

(35

)

 

278,718

 

 

109

 

 

195,736

 

 

763

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

71,738

 

 

503,682

 

 

1,193

 

 

1,702,430

 

 

22,618

 

 

1,157,962

 

 

14,634

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

95,760

 

 

560,902

 

 

1,141

 

 

1,867,071

 

 

22,390

 

 

1,416,604

 

 

18,067

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

279,990

 

 

333,660

 

 

 

 

2,177,430

 

 

 

 

972,225

 

 

49,641

 

Surrenders and terminations

 

 

 

(51,879

)

 

 

 

(107,035

)

 

 

 

(163,610

)

 

(1,090

)

Transfers between Investment Divisions

 

12,899

 

 

1,931,637

 

 

27,619

 

 

3,082,041

 

 

192,315

 

 

(468,717

)

 

83,795

 

Contract owner charges

 

(6,854

)

 

(24,664

)

 

(44

)

 

(89,810

)

 

(912

)

 

(70,502

)

 

(22

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

286,035

 

 

2,188,754

 

 

27,575

 

 

5,062,626

 

 

191,403

 

 

269,396

 

 

132,324

 

                       

Net change in net assets

 

381,795

 

 

2,749,656

 

 

28,716

 

 

6,929,697

 

 

213,793

 

 

1,686,000

 

 

150,391

 

                       

Net assets beginning of year

 

390,153

 

 

2,209,186

 

 

7,605

 

 

6,292,314

 

 

41,586

 

 

8,223,668

 

 

 

                       

Net assets end of year

$

771,948

 

$

4,958,842

 

$

36,321

 

$

13,222,011

 

$

255,379

 

$

9,909,668

 

$

150,391

 

                       

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

14,652

 

 

213,596

 

 

715

 

 

461,927

 

 

2,955

 

 

323,247

 

 

 

Units issued

 

31,435

 

 

366,993

 

 

2,881

 

 

508,290

 

 

12,179

 

 

114,330

 

 

3,972

 

Units redeemed

 

(19,467

)

 

(171,557

)

 

(719

)

 

(154,748

)

 

(61

)

 

(96,912

)

 

(35

)

Units outstanding at end of year

 

26,620

 

 

409,032

 

 

2,877

 

 

815,469

 

 

15,073

 

 

340,665

 

 

3,937

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investment Divisions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

793,132

 

$

3,944,192

 

$

34,997

 

$

7,226,777

 

$

192,315

 

$

2,887,163

 

$

137,387

 

Proceeds from sales

$

476,861

 

$

1,790,231

 

$

7,438

 

$

2,278,228

 

$

1,249

 

$

2,499,898

 

$

1,552

 

See Notes to the Financial Statements.

71


N-VPFS72nd “Page” of 183TOC1stPreviousNextBottomJust 72nd
                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Mellon Nasdaq® 100 Index Fund - Class A

 

JNL/Mellon Nasdaq® 100 Index Fund - Class I

 

JNL/Mellon Real Estate Sector Fund - Class A

 

JNL/Mellon Real Estate Sector Fund - Class I

 

JNL/Mellon S&P 400 MidCap Index Fund - Class A

 

JNL/Mellon S&P 400 MidCap Index Fund - Class I

 

JNL/Mellon S&P 500 Index Fund - Class A

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(3,941,717

)

$

(4,999

)

$

(155,011

)

$

(684

)

$

(2,897,925

)

$

(3,797

)

$

(10,838,017

)

Net realized gain (loss) on investments

 

38,002,135

 

 

74,017

 

 

(329,717

)

 

(78

)

 

2,102,322

 

 

(6,120

)

 

39,320,936

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

83,247,782

 

 

414,473

 

 

(400,918

)

 

3,133

 

 

29,514,129

 

 

249,698

 

 

102,108,908

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

117,308,200

 

 

483,491

 

 

(885,646

)

 

2,371

 

 

28,718,526

 

 

239,781

 

 

130,591,827

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

33,610,321

 

 

540,694

 

 

1,508,034

 

 

81,358

 

 

11,217,934

 

 

639,578

 

 

78,261,749

 

Surrenders and terminations

 

(13,231,615

)

 

(6,856

)

 

(545,270

)

 

 

 

(10,844,790

)

 

(229

)

 

(40,795,792

)

Transfers between Investment Divisions

 

45,512,388

 

 

791,820

 

 

989,173

 

 

31,448

 

 

913,148

 

 

258,566

 

 

(7,878,318

)

Contract owner charges

 

(2,902,045

)

 

(12,369

)

 

(104,207

)

 

(1,583

)

 

(2,117,655

)

 

(8,917

)

 

(8,018,148

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

62,989,049

 

 

1,313,289

 

 

1,847,730

 

 

111,223

 

 

(831,363

)

 

888,998

 

 

21,569,491

 

                       

Net change in net assets

 

180,297,249

 

 

1,796,780

 

 

962,084

 

 

113,594

 

 

27,887,163

 

 

1,128,779

 

 

152,161,318

 

                       

Net assets beginning of year

 

206,178,792

 

 

356,225

 

 

11,871,536

 

 

89,808

 

 

218,329,462

 

 

589,740

 

 

737,887,122

 

                       

Net assets end of year

$

386,476,041

 

$

2,153,005

 

$

12,833,620

 

$

203,402

 

$

246,216,625

 

$

1,718,519

 

$

890,048,440

 

                       

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

5,090,842

 

 

8,713

 

 

988,676

 

 

7,992

 

 

5,888,175

 

 

12,989

 

 

26,075,651

 

Units issued

 

4,380,812

 

 

33,738

 

 

741,591

 

 

12,577

 

 

1,591,827

 

 

41,799

 

 

9,252,258

 

Units redeemed

 

(2,922,180

)

 

(7,141

)

 

(584,291

)

 

(2,387

)

 

(1,529,797

)

 

(21,665

)

 

(8,323,206

)

Units outstanding at end of year

 

6,549,474

 

 

35,310

 

 

1,145,976

 

 

18,182

 

 

5,950,205

 

 

33,123

 

 

27,004,703

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investment Divisions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

200,481,736

 

$

1,695,832

 

$

7,950,407

 

$

136,812

 

$

49,934,841

 

$

1,800,904

 

$

251,923,997

 

Proceeds from sales

$

141,434,404

 

$

387,542

 

$

6,257,689

 

$

26,272

 

$

53,664,128

 

$

915,704

 

$

241,192,522

 

See Notes to the Financial Statements.

72


N-VPFS73rd “Page” of 183TOC1stPreviousNextBottomJust 73rd
                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Mellon Small Cap Index Fund - Class A

 

JNL/Mellon Small Cap Index Fund - Class I

 

JNL/Mellon Utilities Sector Fund - Class A

 

JNL/Mellon Utilities Sector Fund - Class I

 

JNL/MFS Mid Cap Value Fund - Class A

 

JNL/MFS Mid Cap Value Fund - Class I

 

JNL/Morningstar Wide Moat Index Fund - Class A

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(2,123,882

)

$

(3,782

)

$

(221,880

)

$

(379

)

$

(1,591,022

)

$

(668

)

$

4,342

 

Net realized gain (loss) on investments

 

(2,381,729

)

 

(35,367

)

 

50,051

 

 

147

 

 

998,632

 

 

229

 

 

1,007,718

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

19,420,698

 

 

213,319

 

 

(627,199

)

 

(1,037

)

 

11,988,811

 

 

31,026

 

 

924,167

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

14,915,087

 

 

174,170

 

 

(799,028

)

 

(1,269

)

 

11,396,421

 

 

30,587

 

 

1,936,227

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

9,283,188

 

 

532,193

 

 

2,185,798

 

 

5,163

 

 

5,578,905

 

 

33,250

 

 

2,647,667

 

Surrenders and terminations

 

(10,285,194

)

 

 

 

(1,065,760

)

 

 

 

(6,343,030

)

 

 

 

(509,828

)

Transfers between Investment Divisions

 

(5,423,396

)

 

53,438

 

 

(1,767,290

)

 

(5,104

)

 

19,299,576

 

 

64,080

 

 

3,129,399

 

Contract owner charges

 

(1,579,246

)

 

(8,911

)

 

(127,142

)

 

(320

)

 

(1,273,007

)

 

(1,754

)

 

(93,933

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(8,004,648

)

 

576,720

 

 

(774,394

)

 

(261

)

 

17,262,444

 

 

95,576

 

 

5,173,305

 

                       

Net change in net assets

 

6,910,439

 

 

750,890

 

 

(1,573,422

)

 

(1,530

)

 

28,658,865

 

 

126,163

 

 

7,109,532

 

                       

Net assets beginning of year

 

173,392,737

 

 

593,119

 

 

17,701,800

 

 

90,287

 

 

102,693,760

 

 

91,850

 

 

6,481,854

 

                       

Net assets end of year

$

180,303,176

 

$

1,344,009

 

$

16,128,378

 

$

88,757

 

$

131,352,625

 

$

218,013

 

$

13,591,386

 

                       

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

5,363,669

 

 

14,494

 

 

1,005,132

 

 

5,326

 

 

4,010,879

 

 

2,891

 

 

528,483

 

Units issued

 

1,602,939

 

 

28,190

 

 

692,553

 

 

738

 

 

2,142,559

 

 

3,737

 

 

888,500

 

Units redeemed

 

(1,855,705

)

 

(13,050

)

 

(758,345

)

 

(802

)

 

(1,165,667

)

 

(93

)

 

(434,016

)

Units outstanding at end of year

 

5,110,903

 

 

29,634

 

 

939,340

 

 

5,262

 

 

4,987,771

 

 

6,535

 

 

982,967

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investment Divisions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

43,381,950

 

$

1,024,384

 

$

11,395,922

 

$

12,574

 

$

43,643,109

 

$

98,307

 

$

11,102,265

 

Proceeds from sales

$

53,510,480

 

$

451,447

 

$

12,392,195

 

$

13,214

 

$

27,971,687

 

$

3,399

 

$

5,140,994

 

See Notes to the Financial Statements.

73


N-VPFS74th “Page” of 183TOC1stPreviousNextBottomJust 74th
                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Morningstar Wide Moat Index Fund - Class I

 

JNL/Neuberger Berman Commodity Strategy Fund - Class A

 

JNL/Neuberger Berman Strategic Income Fund - Class A

 

JNL/Neuberger Berman Strategic Income Fund - Class I

 

JNL/PIMCO Income Fund - Class A

 

JNL/PIMCO Income Fund - Class I

 

JNL/PIMCO Investment Grade Credit Bond Fund - Class A

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

1,588

 

$

(8,245

)

$

(640,096

)

$

(763

)

$

(564,305

)

$

(2,154

)

$

(607,168

)

Net realized gain (loss) on investments

 

10,325

 

 

(87,540

)

 

269,738

 

 

1,959

 

 

98,121

 

 

(104

)

 

1,576,683

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

8,883

 

 

72,476

 

 

2,608,259

 

 

11,344

 

 

2,279,900

 

 

24,090

 

 

2,608,836

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

20,796

 

 

(23,309

)

 

2,237,901

 

 

12,540

 

 

1,813,716

 

 

21,832

 

 

3,578,351

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

103,674

 

 

226,516

 

 

2,887,198

 

 

23,994

 

 

6,973,682

 

 

163,118

 

 

8,386,975

 

Surrenders and terminations

 

(736

)

 

(40,624

)

 

(3,128,491

)

 

(4,627

)

 

(2,068,993

)

 

 

 

(2,418,182

)

Transfers between Investment Divisions

 

34,950

 

 

(90,314

)

 

(2,296,309

)

 

9,735

 

 

5,938,235

 

 

64,571

 

 

3,069,197

 

Contract owner charges

 

(687

)

 

(80

)

 

(473,754

)

 

(1,570

)

 

(333,807

)

 

(3,686

)

 

(318,494

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

137,201

 

 

95,498

 

 

(3,011,356

)

 

27,532

 

 

10,509,117

 

 

224,003

 

 

8,719,496

 

                       

Net change in net assets

 

157,997

 

 

72,189

 

 

(773,455

)

 

40,072

 

 

12,322,833

 

 

245,835

 

 

12,297,847

 

                       

Net assets beginning of year

 

13,906

 

 

930,408

 

 

45,836,823

 

 

128,457

 

 

35,499,160

 

 

268,139

 

 

35,827,146

 

                       

Net assets end of year

$

171,903

 

$

1,002,597

 

$

45,063,368

 

$

168,529

 

$

47,821,993

 

$

513,974

 

$

48,124,993

 

                       

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

1,115

 

 

142,300

 

 

3,878,523

 

 

9,820

 

 

3,378,132

 

 

24,863

 

 

2,809,212

 

Units issued

 

11,243

 

 

96,136

 

 

1,075,222

 

 

4,636

 

 

2,544,484

 

 

21,319

 

 

3,233,103

 

Units redeemed

 

(238

)

 

(77,652

)

 

(1,344,917

)

 

(2,419

)

 

(1,534,225

)

 

(694

)

 

(2,581,367

)

Units outstanding at end of year

 

12,120

 

 

160,784

 

 

3,608,828

 

 

12,037

 

 

4,388,391

 

 

45,488

 

 

3,460,948

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investment Divisions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

152,169

 

$

493,263

 

$

12,551,006

 

$

60,205

 

$

26,260,051

 

$

231,300

 

$

42,718,446

 

Proceeds from sales

$

3,331

 

$

406,011

 

$

16,202,458

 

$

33,435

 

$

16,315,239

 

$

9,451

 

$

34,606,118

 

See Notes to the Financial Statements.

74


N-VPFS75th “Page” of 183TOC1stPreviousNextBottomJust 75th
                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/PIMCO Investment Grade Credit Bond Fund - Class I

 

JNL/PIMCO Real Return Fund - Class A

 

JNL/PIMCO Real Return Fund - Class I

 

JNL/PPM America Floating Rate Income Fund - Class A

 

JNL/PPM America Floating Rate Income Fund - Class I

 

JNL/PPM America High Yield Bond Fund - Class A

 

JNL/PPM America High Yield Bond Fund - Class I

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(860

)

$

(1,107,475

)

$

(561

)

$

(1,072,087

)

$

(687

)

$

(1,403,702

)

$

(1,456

)

Net realized gain (loss) on investments

 

983

 

 

298,004

 

 

(15,308

)

 

(516,401

)

 

606

 

 

(266,943

)

 

1,810

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

14,526

 

 

7,433,109

 

 

5,933

 

 

(112,867

)

 

1,654

 

 

4,423,941

 

 

20,527

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

14,649

 

 

6,623,638

 

 

(9,936

)

 

(1,701,355

)

 

1,573

 

 

2,753,296

 

 

20,881

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

71,711

 

 

5,986,099

 

 

 

 

2,387,577

 

 

47,250

 

 

4,218,727

 

 

242,733

 

Surrenders and terminations

 

 

 

(5,720,698

)

 

(12,435

)

 

(6,226,958

)

 

(4,420

)

 

(7,813,914

)

 

(3,245

)

Transfers between Investment Divisions

 

44,164

 

 

8,105,905

 

 

183,017

 

 

(15,123,448

)

 

(50,624

)

 

(11,831,816

)

 

(979

)

Contract owner charges

 

(1,143

)

 

(828,024

)

 

(1,326

)

 

(726,619

)

 

(1,500

)

 

(937,217

)

 

(1,402

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

114,732

 

 

7,543,282

 

 

169,256

 

 

(19,689,448

)

 

(9,294

)

 

(16,364,220

)

 

237,107

 

                       

Net change in net assets

 

129,381

 

 

14,166,920

 

 

159,320

 

 

(21,390,803

)

 

(7,721

)

 

(13,610,924

)

 

257,988

 

                       

Net assets beginning of year

 

100,631

 

 

72,825,225

 

 

36,644

 

 

93,546,355

 

 

139,781

 

 

114,189,545

 

 

158,007

 

                       

Net assets end of year

$

230,012

 

$

86,992,145

 

$

195,964

 

$

72,155,552

 

$

132,060

 

$

100,578,621

 

$

415,995

 

                       

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

7,437

 

 

5,128,324

 

 

2,207

 

 

7,835,412

 

 

12,628

 

 

4,924,150

 

 

4,993

 

Units issued

 

9,724

 

 

3,066,034

 

 

33,457

 

 

1,141,747

 

 

6,072

 

 

805,281

 

 

9,335

 

Units redeemed

 

(1,639

)

 

(2,623,833

)

 

(25,440

)

 

(2,888,111

)

 

(6,618

)

 

(1,550,978

)

 

(1,859

)

Units outstanding at end of year

 

15,522

 

 

5,570,525

 

 

10,224

 

 

6,089,048

 

 

12,082

 

 

4,178,453

 

 

12,469

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investment Divisions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

137,150

 

$

45,874,569

 

$

607,490

 

$

13,139,587

 

$

65,315

 

$

17,835,277

 

$

297,832

 

Proceeds from sales

$

23,279

 

$

39,438,761

 

$

438,795

 

$

33,901,122

 

$

75,296

 

$

35,603,199

 

$

62,181

 

See Notes to the Financial Statements.

75


N-VPFS76th “Page” of 183TOC1stPreviousNextBottomJust 76th
                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/PPM America Small Cap Value Fund - Class A

 

JNL/PPM America Small Cap Value Fund - Class I

 

JNL/PPM America Total Return Fund - Class A

 

JNL/PPM America Total Return Fund - Class I

 

JNL/RAFI Fundamental Asia Developed Fund - Class A

 

JNL/RAFI Fundamental Asia Developed Fund - Class I

 

JNL/RAFI Fundamental Europe Fund - Class A

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(457,686

)

$

(94

)

$

(685,330

)

$

(527

)

$

(224,935

)

$

(184

)

$

1,010,760

 

Net realized gain (loss) on investments

 

(2,619,207

)

 

(159

)

 

1,314,949

 

 

(15,395

)

 

(2,100,790

)

 

(70

)

 

(2,240,760

)

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

924,186

 

 

1,500

 

 

2,524,929

 

 

5,585

 

 

2,093,860

 

 

7,672

 

 

(459,694

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

(2,152,707

)

 

1,247

 

 

3,154,548

 

 

(10,337

)

 

(231,865

)

 

7,418

 

 

(1,689,694

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

 

 

 

 

5,382,829

 

 

8,000

 

 

437,680

 

 

15,000

 

 

273,993

 

Surrenders and terminations

 

(1,432,313

)

 

 

 

(2,651,464

)

 

(7,565

)

 

(1,071,753

)

 

 

 

(1,050,277

)

Transfers between Investment Divisions

 

(2,688,034

)

 

4,653

 

 

18,100,886

 

 

62,815

 

 

(2,766,058

)

 

11,751

 

 

(3,385,550

)

Contract owner charges

 

(415,257

)

 

(292

)

 

(418,867

)

 

(651

)

 

(169,849

)

 

(458

)

 

(267,488

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(4,535,604

)

 

4,361

 

 

20,413,384

 

 

62,599

 

 

(3,569,980

)

 

26,293

 

 

(4,429,322

)

                       

Net change in net assets

 

(6,688,311

)

 

5,608

 

 

23,567,932

 

 

52,262

 

 

(3,801,845

)

 

33,711

 

 

(6,119,016

)

                       

Net assets beginning of year

 

40,724,480

 

 

23,063

 

 

37,311,272

 

 

76,547

 

 

20,720,896

 

 

27,467

 

 

29,738,241

 

                       

Net assets end of year

$

34,036,169

 

$

28,671

 

$

60,879,204

 

$

128,809

 

$

16,919,051

 

$

61,178

 

$

23,619,225

 

                       

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

1,955,540

 

 

896

 

 

2,096,429

 

 

5,917

 

 

996,657

 

 

1,158

 

 

1,907,145

 

Units issued

 

417,877

 

 

273

 

 

2,511,553

 

 

20,664

 

 

192,260

 

 

1,341

 

 

267,209

 

Units redeemed

 

(657,649

)

 

(15

)

 

(1,452,186

)

 

(17,509

)

 

(398,117

)

 

(27

)

 

(625,097

)

Units outstanding at end of year

 

1,715,768

 

 

1,154

 

 

3,155,796

 

 

9,072

 

 

790,800

 

 

2,472

 

 

1,549,257

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investment Divisions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

6,102,080

 

$

4,653

 

$

46,883,086

 

$

277,230

 

$

3,565,067

 

$

26,871

 

$

4,681,092

 

Proceeds from sales

$

11,095,370

 

$

386

 

$

27,155,031

 

$

215,157

 

$

7,359,982

 

$

763

 

$

8,099,655

 

See Notes to the Financial Statements.

76


N-VPFS77th “Page” of 183TOC1stPreviousNextBottomJust 77th
                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/RAFI Fundamental Europe Fund - Class I

 

JNL/RAFI Fundamental U.S. Small Cap Fund - Class A

 

JNL/RAFI Fundamental U.S. Small Cap Fund - Class I

 

JNL/RAFI Multi-Factor U.S. Equity Fund - Class A

 

JNL/RAFI Multi-Factor U.S. Equity Fund - Class I

 

JNL/T. Rowe Price Balanced Fund - Class A

 

JNL/T. Rowe Price Balanced Fund - Class I(a)

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

2,191

 

$

(284,682

)

$

(358

)

$

(2,803,460

)

$

(302

)

$

(254,386

)

$

(12

)

Net realized gain (loss) on investments

 

(15

)

 

(2,860,819

)

 

(71

)

 

2,623,022

 

 

4,682

 

 

809,052

 

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

(172

)

 

4,335,982

 

 

18,878

 

 

13,638,625

 

 

2,398

 

 

1,845,669

 

 

434

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

2,004

 

 

1,190,481

 

 

18,449

 

 

13,458,187

 

 

6,778

 

 

2,400,335

 

 

422

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

 

 

429,539

 

 

57,708

 

 

832,452

 

 

 

 

2,222,728

 

 

 

Surrenders and terminations

 

 

 

(1,212,831

)

 

 

 

(14,262,878

)

 

 

 

(2,772,763

)

 

 

Transfers between Investment Divisions

 

11,952

 

 

(1,884,327

)

 

4,791

 

 

(7,954,009

)

 

(28,967

)

 

(849,854

)

 

5,283

 

Contract owner charges

 

 

 

(222,840

)

 

(776

)

 

(1,671,865

)

 

(323

)

 

(10,070

)

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

11,952

 

 

(2,890,459

)

 

61,723

 

 

(23,056,300

)

 

(29,290

)

 

(1,409,959

)

 

5,283

 

                       

Net change in net assets

 

13,956

 

 

(1,699,978

)

 

80,172

 

 

(9,598,113

)

 

(22,512

)

 

990,376

 

 

5,705

 

                       

Net assets beginning of year

 

25,466

 

 

24,340,254

 

 

62,259

 

 

207,265,472

 

 

72,845

 

 

26,231,156

 

 

 

                       

Net assets end of year

$

39,422

 

$

22,640,276

 

$

142,431

 

$

197,667,359

 

$

50,333

 

$

27,221,532

 

$

5,705

 

                       

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

1,427

 

 

1,476,457

 

 

3,098

 

 

9,256,299

 

 

2,514

 

 

2,043,176

 

 

 

Units issued

 

805

 

 

244,453

 

 

3,530

 

 

483,771

 

 

 

 

540,089

 

 

386

 

Units redeemed

 

 

 

(437,650

)

 

(97

)

 

(1,585,163

)

 

(932

)

 

(665,702

)

 

 

Units outstanding at end of year

 

2,232

 

 

1,283,260

 

 

6,531

 

 

8,154,907

 

 

1,582

 

 

1,917,563

 

 

386

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investment Divisions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

14,267

 

$

3,352,251

 

$

63,411

 

$

9,887,815

 

$

 

$

6,758,522

 

$

5,283

 

Proceeds from sales

$

124

 

$

6,527,391

 

$

2,046

 

$

35,747,577

 

$

29,592

 

$

8,422,867

 

$

12

 

  

(a)

The mutual fund's shares, as applicable, became available for investment by the Investment Division on April 27, 2020. The Statement of Changes in Net Assets is from April 27, 2020 through December 31, 2020.

See Notes to the Financial Statements.

77


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JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/T. Rowe Price Capital Appreciation Fund - Class A

 

JNL/T. Rowe Price Capital Appreciation Fund - Class I

 

JNL/T. Rowe Price Established Growth Fund - Class A

 

JNL/T. Rowe Price Established Growth Fund - Class I

 

JNL/T. Rowe Price Mid-Cap Growth Fund - Class A

 

JNL/T. Rowe Price Mid-Cap Growth Fund - Class I

 

JNL/T. Rowe Price Short-Term Bond Fund - Class A

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(5,275,229

)

$

(13,007

)

$

(8,872,153

)

$

(10,919

)

$

(5,567,329

)

$

(8,122

)

$

(1,015,064

)

Net realized gain (loss) on investments

 

15,360,232

 

 

31,705

 

 

52,453,058

 

 

178,385

 

 

23,139,902

 

 

54,559

 

 

1,192,643

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

61,012,546

 

 

530,508

 

 

150,350,826

 

 

662,414

 

 

58,287,743

 

 

393,732

 

 

1,579,082

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

71,097,549

 

 

549,206

 

 

193,931,731

 

 

829,880

 

 

75,860,316

 

 

440,169

 

 

1,756,661

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

87,509,570

 

 

1,884,003

 

 

48,638,751

 

 

1,605,355

 

 

28,752,593

 

 

1,445,512

 

 

7,575,518

 

Surrenders and terminations

 

(17,001,160

)

 

(42,965

)

 

(31,895,919

)

 

(93,101

)

 

(19,494,768

)

 

(87,788

)

 

(7,999,964

)

Transfers between Investment Divisions

 

58,587,429

 

 

302,516

 

 

(59,623,457

)

 

527,620

 

 

(47,368,529

)

 

114,580

 

 

10,355,823

 

Contract owner charges

 

(3,389,858

)

 

(17,432

)

 

(6,511,748

)

 

(23,389

)

 

(4,516,501

)

 

(12,118

)

 

(715,321

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

125,705,981

 

 

2,126,122

 

 

(49,392,373

)

 

2,016,485

 

 

(42,627,205

)

 

1,460,186

 

 

9,216,056

 

                       

Net change in net assets

 

196,803,530

 

 

2,675,328

 

 

144,539,358

 

 

2,846,365

 

 

33,233,111

 

 

1,900,355

 

 

10,972,717

 

                       

Net assets beginning of year

 

328,074,111

 

 

1,602,661

 

 

593,203,400

 

 

1,111,173

 

 

401,594,054

 

 

852,931

 

 

70,965,066

 

                       

Net assets end of year

$

524,877,641

 

$

4,277,989

 

$

737,742,758

 

$

3,957,538

 

$

434,827,165

 

$

2,753,286

 

$

81,937,783

 

                       

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

18,738,540

 

 

89,118

 

 

6,612,433

 

 

8,916

 

 

3,076,249

 

 

4,601

 

 

6,719,732

 

Units issued

 

13,545,662

 

 

181,048

 

 

1,476,984

 

 

25,543

 

 

499,331

 

 

16,589

 

 

4,115,954

 

Units redeemed

 

(6,389,518

)

 

(68,266

)

 

(2,028,641

)

 

(11,447

)

 

(845,110

)

 

(9,060

)

 

(3,286,142

)

Units outstanding at end of year

 

25,894,684

 

 

201,900

 

 

6,060,776

 

 

23,012

 

 

2,730,470

 

 

12,130

 

 

7,549,544

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investment Divisions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

240,074,595

 

$

3,302,267

 

$

150,282,297

 

$

3,666,128

 

$

65,215,223

 

$

3,144,408

 

$

44,715,093

 

Proceeds from sales

$

119,643,842

 

$

1,189,151

 

$

208,546,824

 

$

1,660,562

 

$

113,409,758

 

$

1,692,344

 

$

36,514,100

 

See Notes to the Financial Statements.

78


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JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/T. Rowe Price Short-Term Bond Fund - Class I

 

JNL/T. Rowe Price U.S. High Yield Fund - Class A

 

JNL/T. Rowe Price U.S. High Yield Fund - Class I

 

JNL/T. Rowe Price Value Fund - Class A

 

JNL/T. Rowe Price Value Fund - Class I

 

JNL/Vanguard Capital Growth Fund - Class A

 

JNL/Vanguard Capital Growth Fund - Class I

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(6,047

)

$

(107,223

)

$

(176

)

$

(2,589,050

)

$

(5,909

)

$

(493,555

)

$

(5,767

)

Net realized gain (loss) on investments

 

643

 

 

7,568

 

 

677

 

 

526,492

 

 

(47,932

)

 

1,204,596

 

 

(5,230

)

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

55,747

 

 

294,753

 

 

1,097

 

 

18,716,137

 

 

247,684

 

 

4,082,768

 

 

381,951

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

50,343

 

 

195,098

 

 

1,598

 

 

16,653,579

 

 

193,843

 

 

4,793,809

 

 

370,954

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

1,158,668

 

 

1,160,958

 

 

93,500

 

 

14,606,746

 

 

1,486,736

 

 

5,913,251

 

 

1,338,406

 

Surrenders and terminations

 

(344

)

 

(507,205

)

 

 

 

(10,036,835

)

 

(72,370

)

 

(1,463,880

)

 

(344,741

)

Transfers between Investment Divisions

 

(707,386

)

 

(376,653

)

 

(93,493

)

 

(1,639,602

)

 

46,288

 

 

(3,803,351

)

 

307,534

 

Contract owner charges

 

(2,573

)

 

(54,447

)

 

(527

)

 

(1,730,279

)

 

(6,256

)

 

(365,749

)

 

(1,427

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

448,365

 

 

222,653

 

 

(520

)

 

1,200,030

 

 

1,454,398

 

 

280,271

 

 

1,299,772

 

                       

Net change in net assets

 

498,708

 

 

417,751

 

 

1,078

 

 

17,853,609

 

 

1,648,241

 

 

5,074,080

 

 

1,670,726

 

                       

Net assets beginning of year

 

945,924

 

 

9,130,697

 

 

22,993

 

 

184,607,395

 

 

433,024

 

 

36,342,484

 

 

141,626

 

                       

Net assets end of year

$

1,444,632

 

$

9,548,448

 

$

24,071

 

$

202,461,004

 

$

2,081,265

 

$

41,416,564

 

$

1,812,352

 

                       

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

72,938

 

 

801,506

 

 

1,981

 

 

5,426,958

 

 

9,340

 

 

2,805,128

 

 

10,638

 

Units issued

 

214,868

 

 

303,240

 

 

8,329

 

 

1,519,570

 

 

68,306

 

 

1,320,527

 

 

236,217

 

Units redeemed

 

(176,585

)

 

(282,658

)

 

(8,303

)

 

(1,471,695

)

 

(35,520

)

 

(1,349,647

)

 

(130,667

)

Units outstanding at end of year

 

111,221

 

 

822,088

 

 

2,007

 

 

5,474,833

 

 

42,126

 

 

2,776,008

 

 

116,188

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investment Divisions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

2,721,484

 

$

3,312,874

 

$

94,101

 

$

46,228,306

 

$

2,944,131

 

$

16,830,262

 

$

2,843,957

 

Proceeds from sales

$

2,279,167

 

$

3,197,445

 

$

94,796

 

$

47,617,326

 

$

1,495,642

 

$

17,043,546

 

$

1,549,952

 

See Notes to the Financial Statements.

79


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JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Vanguard Equity Income Fund - Class A

 

JNL/Vanguard Equity Income Fund - Class I

 

JNL/Vanguard Global Bond Market Index Fund - Class A

 

JNL/Vanguard Global Bond Market Index Fund - Class I

 

JNL/Vanguard Growth ETF Allocation Fund - Class A

 

JNL/Vanguard Growth ETF Allocation Fund - Class I

 

JNL/Vanguard International Fund - Class A

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(486,779

)

$

(8,784

)

$

(148,841

)

$

(2,324

)

$

(360,173

)

$

(6,263

)

$

(856,273

)

Net realized gain (loss) on investments

 

29,862

 

 

(41,744

)

 

342,978

 

 

(6,319

)

 

312,730

 

 

4,661

 

 

3,569,496

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

1,903,230

 

 

245,304

 

 

201,433

 

 

17,148

 

 

4,223,367

 

 

233,243

 

 

26,782,352

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

1,446,313

 

 

194,776

 

 

395,570

 

 

8,505

 

 

4,175,924

 

 

231,641

 

 

29,495,575

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

6,662,490

 

 

933,549

 

 

2,671,704

 

 

1,236,687

 

 

9,447,659

 

 

369,784

 

 

10,773,917

 

Surrenders and terminations

 

(1,654,326

)

 

(138,828

)

 

(929,030

)

 

 

 

(562,637

)

 

(32,893

)

 

(2,188,254

)

Transfers between Investment Divisions

 

7,494,476

 

 

446,399

 

 

2,035,872

 

 

(721,384

)

 

(506,259

)

 

249,706

 

 

9,501,987

 

Contract owner charges

 

(380,238

)

 

(4,040

)

 

(96,001

)

 

(507

)

 

(286,287

)

 

(19,799

)

 

(603,328

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

12,122,402

 

 

1,237,080

 

 

3,682,545

 

 

514,796

 

 

8,092,476

 

 

566,798

 

 

17,484,322

 

                       

Net change in net assets

 

13,568,715

 

 

1,431,856

 

 

4,078,115

 

 

523,301

 

 

12,268,400

 

 

798,439

 

 

46,979,897

 

                       

Net assets beginning of year

 

31,700,762

 

 

725,284

 

 

9,411,715

 

 

24,354

 

 

22,827,690

 

 

922,670

 

 

50,048,017

 

                       

Net assets end of year

$

45,269,477

 

$

2,157,140

 

$

13,489,830

 

$

547,655

 

$

35,096,090

 

$

1,721,109

 

$

97,027,914

 

                       

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

2,655,651

 

 

59,238

 

 

891,609

 

 

2,237

 

 

1,975,911

 

 

77,783

 

 

4,351,749

 

Units issued

 

2,057,322

 

 

249,018

 

 

901,199

 

 

180,613

 

 

1,170,977

 

 

54,638

 

 

2,668,026

 

Units redeemed

 

(963,603

)

 

(136,990

)

 

(565,756

)

 

(135,000

)

 

(433,269

)

 

(4,623

)

 

(1,558,090

)

Units outstanding at end of year

 

3,749,370

 

 

171,266

 

 

1,227,052

 

 

47,850

 

 

2,713,619

 

 

127,798

 

 

5,461,685

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investment Divisions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

22,247,297

 

$

2,658,333

 

$

9,819,456

 

$

1,999,511

 

$

12,919,458

 

$

620,309

 

$

37,444,436

 

Proceeds from sales

$

10,611,674

 

$

1,430,037

 

$

6,285,752

 

$

1,487,038

 

$

5,187,155

 

$

59,775

 

$

20,816,388

 

See Notes to the Financial Statements.

80


N-VPFS81st “Page” of 183TOC1stPreviousNextBottomJust 81st
                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Vanguard International Fund - Class I

 

JNL/Vanguard International Stock Market Index Fund - Class A

 

JNL/Vanguard International Stock Market Index Fund - Class I

 

JNL/Vanguard Moderate ETF Allocation Fund - Class A

 

JNL/Vanguard Moderate ETF Allocation Fund - Class I

 

JNL/Vanguard Moderate Growth ETF Allocation Fund - Class A

 

JNL/Vanguard Moderate Growth ETF Allocation Fund - Class I

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(3,760

)

$

(398,078

)

$

(2,412

)

$

(349,295

)

$

(5,235

)

$

(442,594

)

$

(5,680

)

Net realized gain (loss) on investments

 

7,024

 

 

(391,074

)

 

(2,850

)

 

246,401

 

 

(21,399

)

 

524,355

 

 

176

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

460,923

 

 

3,837,794

 

 

109,485

 

 

2,439,079

 

 

121,534

 

 

3,259,749

 

 

225,441

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

464,187

 

 

3,048,642

 

 

104,223

 

 

2,336,185

 

 

94,900

 

 

3,341,510

 

 

219,937

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

841,773

 

 

7,565,866

 

 

427,604

 

 

7,028,660

 

 

282,651

 

 

6,576,457

 

 

1,081,911

 

Surrenders and terminations

 

(4,076

)

 

(1,217,507

)

 

 

 

(1,172,933

)

 

(22,946

)

 

(1,183,049

)

 

(19,823

)

Transfers between Investment Divisions

 

155,250

 

 

163,705

 

 

98,615

 

 

1,738,296

 

 

(176,619

)

 

1,036,510

 

 

286,732

 

Contract owner charges

 

(6,566

)

 

(301,686

)

 

(6,483

)

 

(208,827

)

 

(2,049

)

 

(298,111

)

 

(5,386

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

986,381

 

 

6,210,378

 

 

519,736

 

 

7,385,196

 

 

81,037

 

 

6,131,807

 

 

1,343,434

 

                       

Net change in net assets

 

1,450,568

 

 

9,259,020

 

 

623,959

 

 

9,721,381

 

 

175,937

 

 

9,473,317

 

 

1,563,371

 

                       

Net assets beginning of year

 

161,066

 

 

27,642,450

 

 

360,126

 

 

22,835,638

 

 

1,083,975

 

 

27,994,487

 

 

409,019

 

                       

Net assets end of year

$

1,611,634

 

$

36,901,470

 

$

984,085

 

$

32,557,019

 

$

1,259,912

 

$

37,467,804

 

$

1,972,390

 

                       

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

13,728

 

 

2,636,458

 

 

33,600

 

 

2,085,139

 

 

95,976

 

 

2,493,580

 

 

35,346

 

Units issued

 

111,420

 

 

1,630,345

 

 

69,536

 

 

1,132,565

 

 

99,422

 

 

1,593,429

 

 

120,079

 

Units redeemed

 

(37,231

)

 

(1,046,583

)

 

(20,055

)

 

(471,566

)

 

(93,601

)

 

(1,056,810

)

 

(2,308

)

Units outstanding at end of year

 

87,917

 

 

3,220,220

 

 

83,081

 

 

2,746,138

 

 

101,797

 

 

3,030,199

 

 

153,117

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investment Divisions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

1,408,934

 

$

15,788,519

 

$

707,372

 

$

12,421,095

 

$

1,059,158

 

$

17,580,042

 

$

1,368,671

 

Proceeds from sales

$

426,313

 

$

9,976,218

 

$

190,048

 

$

5,385,194

 

$

983,356

 

$

11,890,829

 

$

30,917

 

See Notes to the Financial Statements.

81


N-VPFS82nd “Page” of 183TOC1stPreviousNextBottomJust 82nd
                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Vanguard Small Company Growth Fund - Class A

 

JNL/Vanguard Small Company Growth Fund - Class I

 

JNL/Vanguard U.S. Stock Market Index Fund - Class A

 

JNL/Vanguard U.S. Stock Market Index Fund - Class I

 

JNL/WCM Focused International Equity Fund - Class A

 

JNL/WCM Focused International Equity Fund - Class I

 

JNL/Westchester Capital Event Driven Fund - Class A

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(255,030

)

$

(1,654

)

$

(824,976

)

$

(455

)

$

(209,436

)

$

490

 

$

(24,839

)

Net realized gain (loss) on investments

 

195,405

 

 

(1,274

)

 

1,163,124

 

 

181

 

 

1,551,789

 

 

(15,337

)

 

(14,020

)

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

3,169,004

 

 

78,041

 

 

10,961,886

 

 

17,704

 

 

4,728,484

 

 

187,229

 

 

(2,141

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

3,109,379

 

 

75,113

 

 

11,300,034

 

 

17,430

 

 

6,070,837

 

 

172,382

 

 

(41,000

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

 

 

 

 

13,754,714

 

 

 

 

2,856,090

 

 

464,889

 

 

262,493

 

Surrenders and terminations

 

(733,141

)

 

 

 

(2,759,220

)

 

 

 

(1,101,180

)

 

 

 

(55,913

)

Transfers between Investment Divisions

 

(4,648,715

)

 

(2,729

)

 

7,310,119

 

 

(843

)

 

2,881,799

 

 

157,231

 

 

(1,187,024

)

Contract owner charges

 

(205,394

)

 

(4,369

)

 

(636,724

)

 

(396

)

 

(170,652

)

 

(1,713

)

 

(17,927

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(5,587,250

)

 

(7,098

)

 

17,668,889

 

 

(1,239

)

 

4,466,057

 

 

620,407

 

 

(998,371

)

                       

Net change in net assets

 

(2,477,871

)

 

68,015

 

 

28,968,923

 

 

16,191

 

 

10,536,894

 

 

792,789

 

 

(1,039,371

)

                       

Net assets beginning of year

 

22,584,956

 

 

342,179

 

 

53,795,561

 

 

88,311

 

 

17,212,652

 

 

92,001

 

 

3,084,656

 

                       

Net assets end of year

$

20,107,085

 

$

410,194

 

$

82,764,484

 

$

104,502

 

$

27,749,546

 

$

884,790

 

$

2,045,285

 

                       

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

1,845,962

 

 

27,210

 

 

4,223,652

 

 

6,749

 

 

1,030,713

 

 

5,133

 

 

270,858

 

Units issued

 

181,064

 

 

16,508

 

 

2,698,160

 

 

 

 

796,991

 

 

51,158

 

 

105,152

 

Units redeemed

 

(664,165

)

 

(17,015

)

 

(1,437,428

)

 

(94

)

 

(549,826

)

 

(18,850

)

 

(205,967

)

Units outstanding at end of year

 

1,362,861

 

 

26,703

 

 

5,484,384

 

 

6,655

 

 

1,277,878

 

 

37,441

 

 

170,043

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investment Divisions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

1,916,602

 

$

185,110

 

$

34,701,398

 

$

 

$

14,442,599

 

$

924,728

 

$

1,137,884

 

Proceeds from sales

$

7,758,882

 

$

193,861

 

$

17,857,486

 

$

1,694

 

$

9,690,883

 

$

288,806

 

$

2,161,094

 

See Notes to the Financial Statements.

82


N-VPFS83rd “Page” of 183TOC1stPreviousNextBottomJust 83rd
                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Westchester Capital Event Driven Fund - Class I

 

JNL/WMC Balanced Fund - Class A

 

JNL/WMC Balanced Fund - Class I

 

JNL/WMC Government Money Market Fund - Class A

 

JNL/WMC Government Money Market Fund - Class I

 

JNL/WMC Value Fund - Class A

 

JNL/WMC Value Fund - Class I

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

 

$

(6,709,743

)

$

(4,607

)

$

(1,251,700

)

$

(1,418

)

$

(705,085

)

$

 

Net realized gain (loss) on investments

 

 

 

11,831,643

 

 

10,434

 

 

 

 

 

 

(602,438

)

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

 

 

27,254,484

 

 

88,556

 

 

 

 

 

 

587,270

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

 

 

32,376,384

 

 

94,383

 

 

(1,251,700

)

 

(1,418

)

 

(720,253

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

 

 

47,492,168

 

 

102,851

 

 

34,265,541

 

 

4,880,945

 

 

1,119,232

 

 

 

Surrenders and terminations

 

 

 

(28,377,660

)

 

(64,685

)

 

(39,738,499

)

 

(12,534

)

 

(3,170,051

)

 

 

Transfers between Investment Divisions

 

 

 

(15,865,486

)

 

157,893

 

 

65,903,321

 

 

(3,158,584

)

 

(2,465,078

)

 

 

Contract owner charges

 

 

 

(4,797,699

)

 

(12,854

)

 

(1,004,212

)

 

(6,704

)

 

(536,189

)

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

 

 

(1,548,677

)

 

183,205

 

 

59,426,151

 

 

1,703,123

 

 

(5,052,086

)

 

 

                       

Net change in net assets

 

 

 

30,827,707

 

 

277,588

 

 

58,174,451

 

 

1,701,705

 

 

(5,772,339

)

 

 

                       

Net assets beginning of year

 

 

 

501,255,100

 

 

850,575

 

 

69,688,938

 

 

502,068

 

 

55,858,041

 

 

 

                       

Net assets end of year

$

 

$

532,082,807

 

$

1,128,163

 

$

127,863,389

 

$

2,203,773

 

$

50,085,702

 

$

 

                       

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

 

 

9,182,125

 

 

10,892

 

 

5,774,916

 

 

29,414

 

 

1,339,022

 

 

 

Units issued

 

 

 

1,718,273

 

 

3,395

 

 

18,781,992

 

 

302,547

 

 

296,253

 

 

 

Units redeemed

 

 

 

(1,786,370

)

 

(1,001

)

 

(14,008,395

)

 

(196,594

)

 

(434,417

)

 

 

Units outstanding at end of year

 

 

 

9,114,028

 

 

13,286

 

 

10,548,513

 

 

135,367

 

 

1,200,858

 

 

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investment Divisions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

 

$

92,056,723

 

$

260,920

 

$

224,161,799

 

$

4,988,750

 

$

10,752,501

 

$

 

Proceeds from sales

$

 

$

100,315,143

 

$

82,323

 

$

165,987,348

 

$

3,287,044

 

$

16,509,672

 

$

 

See Notes to the Financial Statements.

83


N-VPFS84th “Page” of 183TOC1stPreviousNextBottomJust 84th
                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL Institutional Alt 100 Fund - Class A(a)

 

JNL Institutional Alt 25 Fund - Class A(a)

 

JNL Institutional Alt 25 Fund - Class I(a)

 

JNL Institutional Alt 50 Fund - Class A(a)

 

JNL Institutional Alt 50 Fund - Class I(a)

 

JNL/Eaton Vance Global Macro Absolute Return Advantage Fund - Class A(a)

 

JNL/Eaton Vance Global Macro Absolute Return Advantage Fund - Class I(a)

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(32,516

)

$

(566,907

)

$

(26

)

$

(401,253

)

$

 

$

(16,445

)

$

 

Net realized gain (loss) on investments

 

(579,974

)

 

3,726,453

 

 

(1,131

)

 

2,045,072

 

 

 

 

(308,633

)

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

(591,722

)

 

(20,377,580

)

 

(617

)

 

(12,474,241

)

 

 

 

(246,178

)

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

(1,204,212

)

 

(17,218,034

)

 

(1,774

)

 

(10,830,422

)

 

 

 

(571,256

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

85,603

 

 

453,354

 

 

 

 

435,184

 

 

 

 

264,494

 

 

 

Surrenders and terminations

 

(456,794

)

 

(2,992,984

)

 

 

 

(1,406,583

)

 

 

 

(101,814

)

 

 

Transfers between Investment Divisions

 

(9,309,515

)

 

(109,694,023

)

 

(11,818

)

 

(80,433,372

)

 

 

 

(4,333,536

)

 

 

Contract owner charges

 

(760

)

 

(509,984

)

 

 

 

(309,939

)

 

 

 

(4,642

)

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(9,681,466

)

 

(112,743,637

)

 

(11,818

)

 

(81,714,710

)

 

 

 

(4,175,498

)

 

 

                       

Net change in net assets

 

(10,885,678

)

 

(129,961,671

)

 

(13,592

)

 

(92,545,132

)

 

 

 

(4,746,754

)

 

 

                       

Net assets beginning of year

 

10,885,678

 

 

129,961,671

 

 

13,592

 

 

92,545,132

 

 

 

 

4,746,754

 

 

 

                       

Net assets end of year

$

 

$

 

$

 

$

 

$

 

$

 

$

 

                       

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

1,005,172

 

 

6,446,550

 

 

603

 

 

4,813,749

 

 

 

 

426,425

 

 

 

Units issued

 

15,662

 

 

178,328

 

 

 

 

82,742

 

 

 

 

53,511

 

 

 

Units redeemed

 

(1,020,834

)

 

(6,624,878

)

 

(603

)

 

(4,896,491

)

 

 

 

(479,936

)

 

 

Units outstanding at end of year

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investment Divisions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

163,010

 

$

3,369,525

 

$

 

$

1,498,320

 

$

 

$

578,176

 

$

 

Proceeds from sales

$

9,876,991

 

$

116,680,069

 

$

11,843

 

$

83,614,284

 

$

 

$

4,770,119

 

$

 

  

(a)

The period is from January 1, 2020 through April 24, 2020, the date the Fund was acquired. See Note 1. in the Notes to Financial Statements.

See Notes to the Financial Statements.

84


N-VPFS85th “Page” of 183TOC1stPreviousNextBottomJust 85th
                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/FAMCO Flex Core Covered Call Fund - Class A(a)

 

JNL/FAMCO Flex Core Covered Call Fund - Class I(a)

 

JNL/FPA + DoubleLine Flexible Allocation Fund - Class A(a)

 

JNL/FPA + DoubleLine Flexible Allocation Fund - Class I(a)

 

JNL/Franklin Templeton Global Fund - Class A(a)

 

JNL/Franklin Templeton Global Fund - Class I(a)

 

JNL/Goldman Sachs Emerging Markets Debt Fund - Class A(a)

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(45,022

)

$

 

$

(300,658

)

$

(70

)

$

(119,178

)

$

(8

)

$

(32,738

)

Net realized gain (loss) on investments

 

(1,813,429

)

 

 

 

(6,770,345

)

 

(2,122

)

 

(4,651,546

)

 

(1,689

)

 

(981,386

)

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

(928,005

)

 

 

 

(3,399,127

)

 

(4,885

)

 

(865,363

)

 

507

 

 

(236,890

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

(2,786,456

)

 

 

 

(10,470,130

)

 

(7,077

)

 

(5,636,087

)

 

(1,190

)

 

(1,251,014

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

416,904

 

 

 

 

163,486

 

 

 

 

400,898

 

 

 

 

80,796

 

Surrenders and terminations

 

(536,149

)

 

 

 

(1,576,783

)

 

 

 

(674,210

)

 

 

 

(299,908

)

Transfers between Investment Divisions

 

(11,623,492

)

 

 

 

(58,366,613

)

 

(40,085

)

 

(23,220,124

)

 

(4,980

)

 

(7,569,916

)

Contract owner charges

 

(10,623

)

 

 

 

(269,608

)

 

(183

)

 

(108,540

)

 

(30

)

 

(22,959

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(11,753,360

)

 

 

 

(60,049,518

)

 

(40,268

)

 

(23,601,976

)

 

(5,010

)

 

(7,811,987

)

                       

Net change in net assets

 

(14,539,816

)

 

 

 

(70,519,648

)

 

(47,345

)

 

(29,238,063

)

 

(6,200

)

 

(9,063,001

)

                       

Net assets beginning of year

 

14,539,816

 

 

 

 

70,519,648

 

 

47,345

 

 

29,238,063

 

 

6,200

 

 

9,063,001

 

                       

Net assets end of year

$

 

$

 

$

 

$

 

$

 

$

 

$

 

                       

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

988,368

 

 

 

 

4,839,099

 

 

2,802

 

 

2,445,301

 

 

420

 

 

664,468

 

Units issued

 

119,529

 

 

 

 

81,147

 

 

 

 

109,675

 

 

 

 

19,743

 

Units redeemed

 

(1,107,897

)

 

 

 

(4,920,246

)

 

(2,802

)

 

(2,554,976

)

 

(420

)

 

(684,211

)

Units outstanding at end of year

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investment Divisions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

1,533,773

 

$

 

$

1,120,554

 

$

 

$

1,114,101

 

$

 

$

256,313

 

Proceeds from sales

$

13,332,155

 

$

 

$

61,470,730

 

$

40,338

 

$

24,835,255

 

$

5,018

 

$

8,101,039

 

  

(a)

The period is from January 1, 2020 through April 24, 2020, the date the Fund was acquired. See Note 1. in the Notes to Financial Statements.

See Notes to the Financial Statements.

85


N-VPFS86th “Page” of 183TOC1stPreviousNextBottomJust 86th
                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Invesco China-India Fund - Class A(a)

 

JNL/Invesco China-India Fund - Class I(a)

 

JNL/Mellon S&P 1500 Growth Index Fund - Class A(a)

 

JNL/Mellon S&P 1500 Growth Index Fund - Class I(a)

 

JNL/Mellon S&P 1500 Value Index Fund - Class A(a)

 

JNL/Mellon S&P 1500 Value Index Fund - Class I(a)

 

JNL/Neuberger Berman Currency Fund - Class A(a)

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(210,997

)

$

(46

)

$

(45,134

)

$

(103

)

$

(29,589

)

$

(298

)

$

(3,466

)

Net realized gain (loss) on investments

 

(2,340,294

)

 

(3,510

)

 

373,953

 

 

1,976

 

 

(1,046,987

)

 

(36,621

)

 

(31,031

)

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

(4,504,069

)

 

(552

)

 

(1,136,850

)

 

(2,925

)

 

(705,781

)

 

(15,239

)

 

4,231

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

(7,055,360

)

 

(4,108

)

 

(808,031

)

 

(1,052

)

 

(1,782,357

)

 

(52,158

)

 

(30,266

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

726,521

 

 

 

 

671,499

 

 

140,000

 

 

853,559

 

 

140,000

 

 

151,148

 

Surrenders and terminations

 

(1,018,366

)

 

 

 

(125,230

)

 

 

 

(27,155

)

 

 

 

(14,175

)

Transfers between Investment Divisions

 

(43,133,173

)

 

(24,836

)

 

(9,050,780

)

 

(158,927

)

 

(5,358,348

)

 

(262,794

)

 

(1,191,164

)

Contract owner charges

 

(187,278

)

 

(80

)

 

(40,830

)

 

(261

)

 

(24,522

)

 

(751

)

 

(1,172

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(43,612,296

)

 

(24,916

)

 

(8,545,341

)

 

(19,188

)

 

(4,556,466

)

 

(123,545

)

 

(1,055,363

)

                       

Net change in net assets

 

(50,667,656

)

 

(29,024

)

 

(9,353,372

)

 

(20,240

)

 

(6,338,823

)

 

(175,703

)

 

(1,085,629

)

                       

Net assets beginning of year

 

50,667,656

 

 

29,024

 

 

9,353,372

 

 

20,240

 

 

6,338,823

 

 

175,703

 

 

1,085,629

 

                       

Net assets end of year

$

 

$

 

$

 

$

 

$

 

$

 

$

 

                       

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

5,202,925

 

 

3,284

 

 

707,542

 

 

1,475

 

 

520,952

 

 

14,029

 

 

109,069

 

Units issued

 

251,798

 

 

 

 

359,622

 

 

15,942

 

 

271,026

 

 

28,369

 

 

35,129

 

Units redeemed

 

(5,454,723

)

 

(3,284

)

 

(1,067,164

)

 

(17,417

)

 

(791,978

)

 

(42,398

)

 

(144,198

)

Units outstanding at end of year

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investment Divisions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

2,224,878

 

$

 

$

4,586,051

 

$

203,743

 

$

3,027,897

 

$

309,232

 

$

338,093

 

Proceeds from sales

$

46,048,171

 

$

24,962

 

$

13,176,525

 

$

223,034

 

$

7,613,952

 

$

433,075

 

$

1,396,922

 

  

(a)

The period is from January 1, 2020 through April 24, 2020, the date the Fund was acquired. See Note 1. in the Notes to Financial Statements.

See Notes to the Financial Statements.

86


N-VPFS87th “Page” of 183TOC1stPreviousNextBottomJust 87th
                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Neuberger Berman Currency Fund - Class I(a)

 

JNL/Nicholas Convertible Arbitrage Fund - Class A(a)

 

JNL/Nicholas Convertible Arbitrage Fund - Class I(a)

 

JNL/Oppenheimer Emerging Markets Innovator Fund - Class A(a)

 

JNL/PPM America Mid Cap Value Fund - Class A(a)

 

JNL/PPM America Mid Cap Value Fund - Class I(a)

 

JNL/PPM America Value Equity Fund - Class A(a)

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

 

$

(22,273

)

$

 

$

(8,878

)

$

(136,285

)

$

(60

)

$

(61,594

)

Net realized gain (loss) on investments

 

 

 

146,387

 

 

 

 

(742,785

)

 

(14,120,057

)

 

(16,263

)

 

(1,329,187

)

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

 

 

(321,761

)

 

 

 

(80,404

)

 

1,232,343

 

 

(1,642

)

 

(2,866,491

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

 

 

(197,647

)

 

 

 

(832,067

)

 

(13,023,999

)

 

(17,965

)

 

(4,257,272

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

 

 

40,394

 

 

 

 

103,313

 

 

679,976

 

 

 

 

179,755

 

Surrenders and terminations

 

 

 

(295,852

)

 

 

 

(30,960

)

 

(610,250

)

 

 

 

(216,022

)

Transfers between Investment Divisions

 

 

 

(6,291,350

)

 

 

 

(2,443,771

)

 

(25,615,191

)

 

(32,097

)

 

(10,896,054

)

Contract owner charges

 

 

 

(1,874

)

 

 

 

(476

)

 

(105,328

)

 

(215

)

 

(50,739

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

 

 

(6,548,682

)

 

 

 

(2,371,894

)

 

(25,650,793

)

 

(32,312

)

 

(10,983,060

)

                       

Net change in net assets

 

 

 

(6,746,329

)

 

 

 

(3,203,961

)

 

(38,674,792

)

 

(50,277

)

 

(15,240,332

)

                       

Net assets beginning of year

 

 

 

6,746,329

 

 

 

 

3,203,961

 

 

38,674,792

 

 

50,277

 

 

15,240,332

 

                       

Net assets end of year

$

 

$

 

$

 

$

 

$

 

$

 

$

 

                       

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

 

 

605,032

 

 

 

 

292,187

 

 

1,992,326

 

 

2,158

 

 

446,335

 

Units issued

 

 

 

28,548

 

 

 

 

84,897

 

 

236,468

 

 

89

 

 

49,583

 

Units redeemed

 

 

 

(633,580

)

 

 

 

(377,084

)

 

(2,228,794

)

 

(2,247

)

 

(495,918

)

Units outstanding at end of year

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investment Divisions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

 

$

309,327

 

$

 

$

719,004

 

$

3,446,108

 

$

2,087

 

$

1,259,400

 

Proceeds from sales

$

 

$

6,880,282

 

$

 

$

3,099,776

 

$

29,233,186

 

$

34,459

 

$

12,304,054

 

  

(a)

The period is from January 1, 2020 through April 24, 2020, the date the Fund was acquired. See Note 1. in the Notes to Financial Statements.

See Notes to the Financial Statements.

87


N-VPFS88th “Page” of 183TOC1stPreviousNextBottomJust 88th
                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/PPM America Value Equity Fund - Class I(a)

 

JNL/S&P Mid 3 Fund - Class A(a)

 

JNL/S&P Mid 3 Fund - Class I(a)

 

JNL/Scout Unconstrained Bond Fund - Class A(a)

 

JNL/The London Company Focused U.S. Equity Fund - Class A(a)

 

JNL/The London Company Focused U.S. Equity Fund - Class I(a)

 

JNL/VanEck International Gold Fund - Class A(a)

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(17

)

$

(74,106

)

$

(14

)

$

(12,066

)

$

(8,697

)

$

(67

)

$

(16,399

)

Net realized gain (loss) on investments

 

(2,534

)

 

(6,742,568

)

 

(8,055

)

 

40,408

 

 

(561,012

)

 

(12,208

)

 

1,055,126

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

(1,167

)

 

(886,668

)

 

 

 

(175,684

)

 

54,362

 

 

3,837

 

 

(684,354

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

(3,718

)

 

(7,703,342

)

 

(8,069

)

 

(147,342

)

 

(515,347

)

 

(8,438

)

 

354,373

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

 

 

156,349

 

 

 

 

4,026

 

 

207,453

 

 

 

 

176,269

 

Surrenders and terminations

 

 

 

(336,559

)

 

 

 

(181,804

)

 

(50,670

)

 

(492

)

 

(50,576

)

Transfers between Investment Divisions

 

(9,740

)

 

(13,178,346

)

 

8,069

 

 

(3,608,723

)

 

(2,263,239

)

 

(34,434

)

 

(6,281,421

)

Contract owner charges

 

(56

)

 

(60,404

)

 

 

 

(136

)

 

(2,481

)

 

(64

)

 

(383

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(9,796

)

 

(13,418,960

)

 

8,069

 

 

(3,786,637

)

 

(2,108,937

)

 

(34,990

)

 

(6,156,111

)

                       

Net change in net assets

 

(13,514

)

 

(21,122,302

)

 

 

 

(3,933,979

)

 

(2,624,284

)

 

(43,428

)

 

(5,801,738

)

                       

Net assets beginning of year

 

13,514

 

 

21,122,302

 

 

 

 

3,933,979

 

 

2,624,284

 

 

43,428

 

 

5,801,738

 

                       

Net assets end of year

$

 

$

 

$

 

$

 

$

 

$

 

$

 

                       

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

247

 

 

1,660,179

 

 

 

 

388,274

 

 

161,244

 

 

2,534

 

 

954,982

 

Units issued

 

35

 

 

125,065

 

 

1,663

 

 

13,940

 

 

17,618

 

 

 

 

336,364

 

Units redeemed

 

(282

)

 

(1,785,244

)

 

(1,663

)

 

(402,214

)

 

(178,862

)

 

(2,534

)

 

(1,291,346

)

Units outstanding at end of year

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investment Divisions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

1,239

 

$

1,200,476

 

$

22,780

 

$

139,426

 

$

221,343

 

$

 

$

1,928,441

 

Proceeds from sales

$

11,052

 

$

14,693,541

 

$

14,725

 

$

3,938,129

 

$

2,338,977

 

$

35,057

 

$

8,100,952

 

  

(a)

The period is from January 1, 2020 through April 24, 2020, the date the Fund was acquired. See Note 1. in the Notes to Financial Statements.

See Notes to the Financial Statements.

88


N-VPFS89th “Page” of 183TOC1stPreviousNextBottomJust 89th
                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL Aggressive Growth Allocation Fund - Class A

 

JNL Aggressive Growth Allocation Fund - Class I

 

JNL Conservative Allocation Fund - Class A

 

JNL Conservative Allocation Fund - Class I

 

JNL Growth Allocation Fund - Class A

 

JNL Growth Allocation Fund - Class I

 

JNL iShares Tactical Growth Fund - Class A

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(1,178,549

)

$

(1,167

)

$

(337,948

)

$

(250

)

$

(2,024,917

)

$

(125

)

$

158,841

 

 

Net realized gain (loss) on investments

 

2,374,816

 

 

144

 

 

383,789

 

 

(198

)

 

3,705,260

 

 

8

 

 

852,415

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

16,927,716

 

 

59,431

 

 

2,933,021

 

 

6,980

 

 

27,221,722

 

 

6,153

 

 

3,545,476

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

18,123,983

 

 

58,408

 

 

2,978,862

 

 

6,532

 

 

28,902,065

 

 

6,036

 

 

4,556,732

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

4,891,035

 

 

 

 

4,950,849

 

 

 

 

6,661,837

 

 

51,906

 

 

2,144,014

 

 

Surrenders and terminations

 

(5,889,783

)

 

 

 

(2,630,623

)

 

 

 

(10,238,899

)

 

 

 

(909,224

)

 

Transfers between Investment Divisions

 

(1,713,570

)

 

(649

)

 

5,994,575

 

 

(22,000

)

 

(3,701,367

)

 

19,999

 

 

(376,029

)

 

Contract owner charges

 

(884,304

)

 

(3,856

)

 

(81,018

)

 

 

 

(1,588,820

)

 

(38

)

 

(48,796

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(3,596,622

)

 

(4,505

)

 

8,233,783

 

 

(22,000

)

 

(8,867,249

)

 

71,867

 

 

809,965

 

 

                        

Net change in net assets

 

14,527,361

 

 

53,903

 

 

11,212,645

 

 

(15,468

)

 

20,034,816

 

 

77,903

 

 

5,366,697

 

 

                        

Net assets beginning of year

 

76,550,162

 

 

227,958

 

 

23,376,160

 

 

72,678

 

 

135,663,584

 

 

 

 

22,239,375

 

 

                        

Net assets end of year

$

91,077,523

 

$

281,861

 

$

34,588,805

 

$

57,210

 

$

155,698,400

 

$

77,903

 

$

27,606,072

 

 

                        

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

5,974,547

 

 

19,676

 

 

2,115,793

 

 

6,339

 

 

9,964,946

 

 

 

 

1,539,642

 

 

Units issued

 

800,729

 

 

 

 

1,253,235

 

 

 

 

754,896

 

 

5,134

 

 

315,032

 

 

Units redeemed

 

(1,062,083

)

 

(337

)

 

(536,933

)

 

(1,890

)

 

(1,350,199

)

 

(3

)

 

(262,996

)

 

Units outstanding at end of year

 

5,713,193

 

 

19,339

 

 

2,832,095

 

 

4,449

 

 

9,369,643

 

 

5,131

 

 

1,591,678

 

 

See Notes to the Financial Statements.

89


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JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL iShares Tactical Growth Fund - Class I

 

JNL iShares Tactical Moderate Fund - Class A

 

JNL iShares Tactical Moderate Fund - Class I

 

JNL iShares Tactical Moderate Growth Fund - Class A

 

JNL iShares Tactical Moderate Growth Fund - Class I

 

JNL Moderate Allocation Fund - Class A

 

JNL Moderate Allocation Fund - Class I

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

2,239

 

$

126,830

 

$

 

$

265,604

 

$

437

 

$

(524,593

)

$

(247

)

 

Net realized gain (loss) on investments

 

2,674

 

 

307,183

 

 

 

 

780,096

 

 

330

 

 

811,688

 

 

11

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

11,962

 

 

1,139,375

 

 

 

 

3,151,393

 

 

883

 

 

5,543,175

 

 

6,037

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

16,875

 

 

1,573,388

 

 

 

 

4,197,093

 

 

1,650

 

 

5,830,270

 

 

5,801

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

94,454

 

 

2,450,029

 

 

 

 

4,798,891

 

 

22,889

 

 

7,328,815

 

 

67,366

 

 

Surrenders and terminations

 

 

 

(1,224,104

)

 

 

 

(967,966

)

 

 

 

(5,037,585

)

 

 

 

Transfers between Investment Divisions

 

957

 

 

(957,314

)

 

 

 

(1,000,815

)

 

142

 

 

1,015,315

 

 

 

 

Contract owner charges

 

(1,178

)

 

(21,621

)

 

 

 

(33,737

)

 

 

 

(259,828

)

 

(325

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

94,233

 

 

246,990

 

 

 

 

2,796,373

 

 

23,031

 

 

3,046,717

 

 

67,041

 

 

                        

Net change in net assets

 

111,108

 

 

1,820,378

 

 

 

 

6,993,466

 

 

24,681

 

 

8,876,987

 

 

72,842

 

 

                        

Net assets beginning of year

 

39,054

 

 

11,719,464

 

 

 

 

23,716,166

 

 

 

 

39,567,842

 

 

23,498

 

 

                        

Net assets end of year

$

150,162

 

$

13,539,842

 

$

 

$

30,709,632

 

$

24,681

 

$

48,444,829

 

$

96,340

 

 

                        

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

2,992

 

 

977,584

 

 

 

 

1,768,251

 

 

 

 

3,206,614

 

 

1,885

 

 

Units issued

 

6,393

 

 

228,495

 

 

 

 

539,337

 

 

1,664

 

 

840,055

 

 

4,825

 

 

Units redeemed

 

(80

)

 

(209,805

)

 

 

 

(341,838

)

 

 

 

(591,116

)

 

(24

)

 

Units outstanding at end of year

 

9,305

 

 

996,274

 

 

 

 

1,965,750

 

 

1,664

 

 

3,455,553

 

 

6,686

 

 

See Notes to the Financial Statements.

90


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JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL Moderate Growth Allocation Fund - Class A

 

JNL Moderate Growth Allocation Fund - Class I

 

JNL Multi-Manager Alternative Fund - Class A

 

JNL Multi-Manager Emerging Markets Equity Fund - Class A

 

JNL Multi-Manager Emerging Markets Equity Fund - Class I

 

JNL Multi-Manager International Small Cap Fund - Class A

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(1,969,266

)

$

(985

)

$

(13,707

)

$

217,225

 

$

2,496

 

$

(375

)

 

Net realized gain (loss) on investments

 

4,034,609

 

 

156

 

 

8,595

 

 

(113,235

)

 

7,718

 

 

908

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

21,918,243

 

 

26,842

 

 

114,354

 

 

4,859,052

 

 

18,544

 

 

20,323

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

23,983,586

 

 

26,013

 

 

109,242

 

 

4,963,042

 

 

28,758

 

 

20,856

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

7,046,399

 

 

65,315

 

 

308,499

 

 

3,438,665

 

 

82,837

 

 

67,691

 

 

Surrenders and terminations

 

(14,105,675

)

 

 

 

(106,162

)

 

(2,758,125

)

 

 

 

(4,020

)

 

Transfers between Investment Divisions

 

(4,202,402

)

 

201,059

 

 

35,769

 

 

(992,827

)

 

(140,745

)

 

5,900

 

 

Contract owner charges

 

(1,235,826

)

 

(3,049

)

 

(320

)

 

(310,633

)

 

(1,386

)

 

(49

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(12,497,504

)

 

263,325

 

 

237,786

 

 

(622,920

)

 

(59,294

)

 

69,522

 

 

                     

Net change in net assets

 

11,486,082

 

 

289,338

 

 

347,028

 

 

4,340,122

 

 

(30,536

)

 

90,378

 

 

                     

Net assets beginning of year

 

138,079,377

 

 

40,266

 

 

1,292,152

 

 

30,663,676

 

 

170,471

 

 

50,283

 

 

                     

Net assets end of year

$

149,565,459

 

$

329,604

 

$

1,639,180

 

$

35,003,798

 

$

139,935

 

$

140,661

 

 

                     

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

9,874,670

 

 

3,154

 

 

134,526

 

 

2,505,492

 

 

11,491

 

 

6,247

 

 

Units issued

 

1,079,611

 

 

17,957

 

 

46,117

 

 

794,268

 

 

5,311

 

 

8,216

 

 

Units redeemed

 

(1,894,470

)

 

(246

)

 

(22,728

)

 

(831,943

)

 

(8,784

)

 

(1,060

)

 

Units outstanding at end of year

 

9,059,811

 

 

20,865

 

 

157,915

 

 

2,467,817

 

 

8,018

 

 

13,403

 

 

See Notes to the Financial Statements.

91


N-VPFS92nd “Page” of 183TOC1stPreviousNextBottomJust 92nd
                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL Multi-Manager Mid Cap Fund - Class A

 

JNL Multi-Manager Mid Cap Fund - Class I

 

JNL Multi-Manager Small Cap Growth Fund - Class A

 

JNL Multi-Manager Small Cap Growth Fund - Class I

 

JNL Multi-Manager Small Cap Value Fund - Class A

 

JNL Multi-Manager Small Cap Value Fund - Class I

 

JNL S&P 500 Index Fund - Class I

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(152,670

)

$

(733

)

$

(1,685,393

)

$

(1,008

)

$

(736,929

)

$

(140

)

$

(12,334

)

 

Net realized gain (loss) on investments

 

173,004

 

 

223

 

 

3,471,726

 

 

875

 

 

(662,040

)

 

(31

)

 

84,168

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

2,319,078

 

 

33,716

 

 

29,841,512

 

 

43,206

 

 

11,743,404

 

 

7,120

 

 

569,794

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

2,339,412

 

 

33,206

 

 

31,627,845

 

 

43,073

 

 

10,344,435

 

 

6,949

 

 

641,628

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

3,062,093

 

 

222,095

 

 

12,467,022

 

 

182,702

 

 

3,650,188

 

 

 

 

2,325,325

 

 

Surrenders and terminations

 

(860,005

)

 

(145

)

 

(8,688,836

)

 

(181

)

 

(4,090,679

)

 

 

 

(17,618

)

 

Transfers between Investment Divisions

 

1,461,504

 

 

19,472

 

 

7,271,840

 

 

86,532

 

 

2,693,788

 

 

7,857

 

 

171,972

 

 

Contract owner charges

 

(117,350

)

 

(1,804

)

 

(1,269,940

)

 

(2,168

)

 

(559,697

)

 

(100

)

 

(30,692

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

3,546,242

 

 

239,618

 

 

9,780,086

 

 

266,885

 

 

1,693,600

 

 

7,757

 

 

2,448,987

 

 

                        

Net change in net assets

 

5,885,654

 

 

272,824

 

 

41,407,931

 

 

309,958

 

 

12,038,035

 

 

14,706

 

 

3,090,615

 

 

                        

Net assets beginning of year

 

7,418,290

 

 

46,316

 

 

91,625,996

 

 

50,318

 

 

43,654,948

 

 

25,704

 

 

823,514

 

 

                        

Net assets end of year

$

13,303,944

 

$

319,140

 

$

133,033,927

 

$

360,276

 

$

55,692,983

 

$

40,410

 

$

3,914,129

 

 

                        

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

654,984

 

 

3,986

 

 

1,987,149

 

 

750

 

 

2,358,431

 

 

1,113

 

 

80,893

 

 

Units issued

 

540,221

 

 

17,856

 

 

671,141

 

 

3,993

 

 

557,724

 

 

290

 

 

295,811

 

 

Units redeemed

 

(269,213

)

 

(394

)

 

(523,975

)

 

(437

)

 

(476,959

)

 

(4

)

 

(82,448

)

 

Units outstanding at end of year

 

925,992

 

 

21,448

 

 

2,134,315

 

 

4,306

 

 

2,439,196

 

 

1,399

 

 

294,256

 

 

See Notes to the Financial Statements.

92


N-VPFS93rd “Page” of 183TOC1stPreviousNextBottomJust 93rd
                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/American Funds Balanced Fund - Class A

 

JNL/American Funds Balanced Fund - Class I

 

JNL/American Funds Blue Chip Income and Growth Fund - Class A

 

JNL/American Funds Blue Chip Income and Growth Fund - Class I

 

JNL/American Funds Capital Income Builder Fund - Class A

 

JNL/American Funds Capital Income Builder Fund - Class I

 

JNL/American Funds Capital World Bond Fund - Class A

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(1,297,800

)

$

(670

)

$

(3,556,252

)

$

(1,630

)

$

(52,914

)

$

(190

)

$

(424,476

)

 

Net realized gain (loss) on investments

 

478,467

 

 

1,047

 

 

11,420,321

 

 

281

 

 

13,870

 

 

8

 

 

151,569

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

15,635,624

 

 

19,557

 

 

32,292,681

 

 

65,163

 

 

592,887

 

 

5,767

 

 

1,922,943

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

14,816,291

 

 

19,934

 

 

40,156,750

 

 

63,814

 

 

553,843

 

 

5,585

 

 

1,650,036

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

15,512,641

 

 

172,589

 

 

13,290,738

 

 

206,346

 

 

4,193,182

 

 

67,562

 

 

1,459,218

 

 

Surrenders and terminations

 

(4,797,121

)

 

 

 

(15,884,216

)

 

(3,545

)

 

(70,798

)

 

 

 

(2,446,640

)

 

Transfers between Investment Divisions

 

6,627,821

 

 

(12,554

)

 

(14,325,334

)

 

133,926

 

 

1,770,652

 

 

(339

)

 

(1,056,712

)

 

Contract owner charges

 

(937,619

)

 

(1,366

)

 

(2,940,003

)

 

(4,251

)

 

(26,430

)

 

(193

)

 

(369,629

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

16,405,722

 

 

158,669

 

 

(19,858,815

)

 

332,476

 

 

5,866,606

 

 

67,030

 

 

(2,413,763

)

 

                        

Net change in net assets

 

31,222,013

 

 

178,603

 

 

20,297,935

 

 

396,290

 

 

6,420,449

 

 

72,615

 

 

(763,727

)

 

                        

Net assets beginning of year

 

70,949,841

 

 

41,474

 

 

219,020,443

 

 

122,490

 

 

1,525,535

 

 

9,469

 

 

28,859,353

 

 

                        

Net assets end of year

$

102,171,854

 

$

220,077

 

$

239,318,378

 

$

518,780

 

$

7,945,984

 

$

82,084

 

$

28,095,626

 

 

                        

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

4,725,904

 

 

2,093

 

 

11,635,778

 

 

5,617

 

 

162,135

 

 

1,005

 

 

2,828,302

 

 

Units issued

 

1,736,743

 

 

8,844

 

 

1,880,757

 

 

14,842

 

 

601,053

 

 

6,472

 

 

329,640

 

 

Units redeemed

 

(737,718

)

 

(1,537

)

 

(2,849,784

)

 

(321

)

 

(31,713

)

 

(47

)

 

(563,541

)

 

Units outstanding at end of year

 

5,724,929

 

 

9,400

 

 

10,666,751

 

 

20,138

 

 

731,475

 

 

7,430

 

 

2,594,401

 

 

See Notes to the Financial Statements.

93


N-VPFS94th “Page” of 183TOC1stPreviousNextBottomJust 94th
                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/American Funds Capital World Bond Fund - Class I

 

JNL/American Funds Global Growth Fund - Class A

 

JNL/American Funds Global Growth Fund - Class I

 

JNL/American Funds Global Small Capitalization Fund - Class A

 

JNL/American Funds Global Small Capitalization Fund - Class I

 

JNL/American Funds Growth Allocation Fund - Class A

 

JNL/American Funds Growth Allocation Fund - Class I

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(133

)

$

(248,482

)

$

(1,187

)

$

(611,445

)

$

(392

)

$

(1,803,808

)

$

(451

)

 

Net realized gain (loss) on investments

 

355

 

 

622,544

 

 

154

 

 

688,729

 

 

86

 

 

2,972,074

 

 

4,462

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

1,621

 

 

5,685,227

 

 

52,477

 

 

10,204,289

 

 

18,999

 

 

22,582,301

 

 

14,253

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

1,843

 

 

6,059,289

 

 

51,444

 

 

10,281,573

 

 

18,693

 

 

23,750,567

 

 

18,264

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

9,200

 

 

5,917,950

 

 

103,923

 

 

3,224,554

 

 

80,500

 

 

14,840,031

 

 

25,790

 

 

Surrenders and terminations

 

(98

)

 

(832,676

)

 

(370

)

 

(2,661,295

)

 

 

 

(4,312,210

)

 

 

 

Transfers between Investment Divisions

 

(7,747

)

 

1,857,778

 

 

110,581

 

 

(957,150

)

 

(75

)

 

1,206,872

 

 

2,540

 

 

Contract owner charges

 

(338

)

 

(83,872

)

 

(1,498

)

 

(524,838

)

 

(931

)

 

(1,402,174

)

 

(1,037

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

1,017

 

 

6,859,180

 

 

212,636

 

 

(918,729

)

 

79,494

 

 

10,332,519

 

 

27,293

 

 

                        

Net change in net assets

 

2,860

 

 

12,918,469

 

 

264,080

 

 

9,362,844

 

 

98,187

 

 

34,083,086

 

 

45,557

 

 

                        

Net assets beginning of year

 

26,822

 

 

15,785,024

 

 

70,616

 

 

35,573,670

 

 

25,909

 

 

105,778,311

 

 

67,165

 

 

                        

Net assets end of year

$

29,682

 

$

28,703,493

 

$

334,696

 

$

44,936,514

 

$

124,096

 

$

139,861,397

 

$

112,722

 

 

                        

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

2,272

 

 

1,170,195

 

 

5,132

 

 

2,578,973

 

 

1,626

 

 

7,216,010

 

 

4,347

 

 

Units issued

 

1,434

 

 

802,525

 

 

12,917

 

 

332,654

 

 

4,546

 

 

1,689,733

 

 

6,613

 

 

Units redeemed

 

(771

)

 

(369,061

)

 

(135

)

 

(392,475

)

 

(84

)

 

(1,037,250

)

 

(5,034

)

 

Units outstanding at end of year

 

2,935

 

 

1,603,659

 

 

17,914

 

 

2,519,152

 

 

6,088

 

 

7,868,493

 

 

5,926

 

 

See Notes to the Financial Statements.

94


N-VPFS95th “Page” of 183TOC1stPreviousNextBottomJust 95th
                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/American Funds Growth Fund - Class A

 

JNL/American Funds Growth Fund - Class I

 

JNL/American Funds Growth-Income Fund - Class A

 

JNL/American Funds Growth-Income Fund - Class I

 

JNL/American Funds International Fund - Class A

 

JNL/American Funds International Fund - Class I

 

JNL/American Funds Moderate Growth Allocation Fund - Class A

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(826,623

)

$

(1,218

)

$

(5,454,576

)

$

(5,655

)

$

(1,448,337

)

$

(1,150

)

$

(1,972,708

)

 

Net realized gain (loss) on investments

 

2,714,115

 

 

5,424

 

 

18,728,369

 

 

9,620

 

 

1,435,368

 

 

112

 

 

3,014,460

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

14,078,222

 

 

66,152

 

 

67,114,908

 

 

244,491

 

 

18,598,197

 

 

50,457

 

 

19,775,061

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

15,965,714

 

 

70,358

 

 

80,388,701

 

 

248,456

 

 

18,585,228

 

 

49,419

 

 

20,816,813

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

23,721,149

 

 

105,899

 

 

43,840,382

 

 

662,072

 

 

6,084,707

 

 

6,299

 

 

15,873,047

 

 

Surrenders and terminations

 

(3,293,772

)

 

 

 

(23,308,683

)

 

(16,213

)

 

(6,146,779

)

 

 

 

(9,135,632

)

 

Transfers between Investment Divisions

 

10,672,924

 

 

706

 

 

(3,527,560

)

 

92,848

 

 

(5,277,059

)

 

(2,257

)

 

(981,082

)

 

Contract owner charges

 

(352,443

)

 

(3,564

)

 

(4,380,351

)

 

(14,117

)

 

(1,098,085

)

 

(3,267

)

 

(1,414,125

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

30,747,858

 

 

103,041

 

 

12,623,788

 

 

724,590

 

 

(6,437,216

)

 

775

 

 

4,342,208

 

 

                        

Net change in net assets

 

46,713,572

 

 

173,399

 

 

93,012,489

 

 

973,046

 

 

12,148,012

 

 

50,194

 

 

25,159,021

 

 

                        

Net assets beginning of year

 

40,042,391

 

 

193,079

 

 

334,845,513

 

 

600,255

 

 

92,420,559

 

 

224,824

 

 

121,943,247

 

 

                        

Net assets end of year

$

86,755,963

 

$

366,478

 

$

427,858,002

 

$

1,573,301

 

$

104,568,571

 

$

275,018

 

$

147,102,268

 

 

                        

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

1,965,096

 

 

9,061

 

 

16,211,850

 

 

25,394

 

 

7,329,696

 

 

15,515

 

 

9,076,439

 

 

Units issued

 

2,134,322

 

 

10,459

 

 

3,785,691

 

 

39,057

 

 

982,057

 

 

2,166

 

 

1,566,927

 

 

Units redeemed

 

(738,541

)

 

(6,417

)

 

(3,296,797

)

 

(9,931

)

 

(1,439,599

)

 

(1,199

)

 

(1,290,213

)

 

Units outstanding at end of year

 

3,360,877

 

 

13,103

 

 

16,700,744

 

 

54,520

 

 

6,872,154

 

 

16,482

 

 

9,353,153

 

 

See Notes to the Financial Statements.

95


N-VPFS96th “Page” of 183TOC1stPreviousNextBottomJust 96th
                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/American Funds Moderate Growth Allocation Fund - Class I

 

JNL/American Funds New World Fund - Class A

 

JNL/American Funds New World Fund - Class I

 

JNL/AQR Large Cap Defensive Style Fund - Class A(a)

 

JNL/AQR Large Cap Defensive Style Fund - Class I(a)

 

JNL/AQR Large Cap Relaxed Constraint Equity Fund - Class A

 

JNL/AQR Large Cap Relaxed Constraint Equity Fund - Class I

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(42

)

$

(1,070,764

)

$

(1,009

)

$

(14,798

)

$

 

$

(520,458

)

$

 

 

Net realized gain (loss) on investments

 

3

 

 

1,383,369

 

 

1,053

 

 

4,087

 

 

 

 

526,427

 

 

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

2,233

 

 

16,035,799

 

 

42,692

 

 

167,793

 

 

 

 

7,141,312

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

2,194

 

 

16,348,404

 

 

42,736

 

 

157,082

 

 

 

 

7,147,281

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

14,176

 

 

4,008,861

 

 

193,750

 

 

385,481

 

 

 

 

569,647

 

 

 

 

Surrenders and terminations

 

 

 

(3,717,908

)

 

(238

)

 

(19,941

)

 

 

 

(2,044,286

)

 

 

 

Transfers between Investment Divisions

 

40,001

 

 

1,663,388

 

 

10,578

 

 

2,434,386

 

 

 

 

(4,111,781

)

 

 

 

Contract owner charges

 

(77

)

 

(877,834

)

 

(3,008

)

 

(10,531

)

 

 

 

(416,474

)

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

54,100

 

 

1,076,507

 

 

201,082

 

 

2,789,395

 

 

 

 

(6,002,894

)

 

 

 

                        

Net change in net assets

 

56,294

 

 

17,424,911

 

 

243,818

 

 

2,946,477

 

 

 

 

1,144,387

 

 

 

 

                        

Net assets beginning of year

 

 

 

60,969,536

 

 

56,139

 

 

 

 

 

 

32,323,108

 

 

 

 

                        

Net assets end of year

$

56,294

 

$

78,394,447

 

$

299,957

 

$

2,946,477

 

$

 

$

33,467,495

 

$

 

 

                        

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

 

 

5,365,978

 

 

4,263

 

 

 

 

 

 

2,295,173

 

 

 

 

Units issued

 

3,354

 

 

1,028,894

 

 

15,033

 

 

295,345

 

 

 

 

176,942

 

 

 

 

Units redeemed

 

(5

)

 

(959,371

)

 

(938

)

 

(17,618

)

 

 

 

(564,605

)

 

 

 

Units outstanding at end of year

 

3,349

 

 

5,435,501

 

 

18,358

 

 

277,727

 

 

 

 

1,907,510

 

 

 

 

  

(a)

The mutual fund's shares, as applicable, became available for investment by the Investment Division on June 24, 2019.

See Notes to the Financial Statements.

96


N-VPFS97th “Page” of 183TOC1stPreviousNextBottomJust 97th
                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/AQR Managed Futures Strategy Fund - Class A

 

JNL/BlackRock Advantage International Fund - Class A(a)

 

JNL/BlackRock Advantage International Fund - Class I(a)

 

JNL/BlackRock Global Allocation Fund - Class A

 

JNL/BlackRock Global Allocation Fund - Class I

 

JNL/BlackRock Global Natural Resources Fund - Class A

 

JNL/BlackRock Global Natural Resources Fund - Class I

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(93,285

)

$

251

 

$

39

 

$

(2,434,589

)

$

(328

)

$

(577,968

)

$

 

 

Net realized gain (loss) on investments

 

(572,899

)

 

12

 

 

2

 

 

1,509,232

 

 

519

 

 

(1,506,390

)

 

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

593,782

 

 

5,636

 

 

282

 

 

26,484,328

 

 

7,173

 

 

6,981,893

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

(72,402

)

 

5,899

 

 

323

 

 

25,558,971

 

 

7,364

 

 

4,897,535

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

278,367

 

 

85,767

 

 

 

 

5,682,638

 

 

76,507

 

 

2,019,017

 

 

 

 

Surrenders and terminations

 

(893,370

)

 

(366

)

 

 

 

(12,559,576

)

 

 

 

(3,876,955

)

 

 

 

Transfers between Investment Divisions

 

(476,897

)

 

5,879

 

 

6,240

 

 

(6,953,649

)

 

(11,852

)

 

(984,264

)

 

 

 

Contract owner charges

 

(10,650

)

 

(275

)

 

(31

)

 

(1,949,683

)

 

(345

)

 

(473,075

)

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(1,102,550

)

 

91,005

 

 

6,209

 

 

(15,780,270

)

 

64,310

 

 

(3,315,277

)

 

 

 

                        

Net change in net assets

 

(1,174,952

)

 

96,904

 

 

6,532

 

 

9,778,701

 

 

71,674

 

 

1,582,258

 

 

 

 

                        

Net assets beginning of year

 

9,523,450

 

 

 

 

 

 

165,826,541

 

 

10,211

 

 

38,329,175

 

 

 

 

                        

Net assets end of year

$

8,348,498

 

$

96,904

 

$

6,532

 

$

175,605,242

 

$

81,885

 

$

39,911,433

 

$

 

 

                        

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

1,053,661

 

 

 

 

 

 

13,603,086

 

 

737

 

 

5,618,445

 

 

 

 

Units issued

 

127,278

 

 

9,502

 

 

621

 

 

1,085,875

 

 

6,082

 

 

832,728

 

 

 

 

Units redeemed

 

(248,849

)

 

(284

)

 

(3

)

 

(2,286,429

)

 

(800

)

 

(1,283,365

)

 

 

 

Units outstanding at end of year

 

932,090

 

 

9,218

 

 

618

 

 

12,402,532

 

 

6,019

 

 

5,167,808

 

 

 

 

  

(a)

The mutual fund's shares, as applicable, became available for investment by the Investment Division on June 24, 2019.

See Notes to the Financial Statements.

97


N-VPFS98th “Page” of 183TOC1stPreviousNextBottomJust 98th
                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/BlackRock Large Cap Select Growth Fund - Class A

 

JNL/BlackRock Large Cap Select Growth Fund - Class I

 

JNL/Boston Partners Global Long Short Equity Fund - Class A

 

JNL/Boston Partners Global Long Short Equity Fund - Class I

 

JNL/Causeway International Value Select Fund - Class A

 

JNL/Causeway International Value Select Fund - Class I

 

JNL/ClearBridge Large Cap Growth Fund - Class A

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(3,080,196

)

$

(2,497

)

$

(24,827

)

$

(303

)

$

553,228

 

$

1,484

 

$

(190,068

)

 

Net realized gain (loss) on investments

 

9,040,894

 

 

8,050

 

 

(42,638

)

 

(174

)

 

1,921,671

 

 

2,794

 

 

697,496

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

45,910,220

 

 

108,060

 

 

141,173

 

 

3,506

 

 

3,934,557

 

 

(413

)

 

2,904,964

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

51,870,918

 

 

113,613

 

 

73,708

 

 

3,029

 

 

6,409,456

 

 

3,865

 

 

3,412,392

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

16,411,846

 

 

335,287

 

 

975,239

 

 

 

 

2,137,579

 

 

50,000

 

 

6,355,401

 

 

Surrenders and terminations

 

(15,350,733

)

 

(483

)

 

(226,553

)

 

 

 

(2,361,253

)

 

 

 

(632,622

)

 

Transfers between Investment Divisions

 

16,683,950

 

 

122,472

 

 

(587,661

)

 

3,143

 

 

(2,758,184

)

 

251

 

 

13,629,530

 

 

Contract owner charges

 

(2,527,871

)

 

(5,606

)

 

(5,243

)

 

(901

)

 

(467,922

)

 

(576

)

 

(131,039

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

15,217,192

 

 

451,670

 

 

155,782

 

 

2,242

 

 

(3,449,780

)

 

49,675

 

 

19,221,270

 

 

                        

Net change in net assets

 

67,088,110

 

 

565,283

 

 

229,490

 

 

5,271

 

 

2,959,676

 

 

53,540

 

 

22,633,662

 

 

                        

Net assets beginning of year

 

168,776,242

 

 

192,399

 

 

2,051,067

 

 

64,937

 

 

38,421,606

 

 

4,013

 

 

6,288,818

 

 

                        

Net assets end of year

$

235,864,352

 

$

757,682

 

$

2,280,557

 

$

70,208

 

$

41,381,282

 

$

57,553

 

$

28,922,480

 

 

                        

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

3,097,327

 

 

2,311

 

 

206,441

 

 

6,487

 

 

2,944,200

 

 

217

 

 

590,879

 

 

Units issued

 

944,574

 

 

7,856

 

 

138,963

 

 

385

 

 

381,819

 

 

2,436

 

 

2,296,828

 

 

Units redeemed

 

(746,401

)

 

(2,692

)

 

(123,093

)

 

(171

)

 

(629,358

)

 

(30

)

 

(794,377

)

 

Units outstanding at end of year

 

3,295,500

 

 

7,475

 

 

222,311

 

 

6,701

 

 

2,696,661

 

 

2,623

 

 

2,093,330

 

 

See Notes to the Financial Statements.

98


N-VPFS99th “Page” of 183TOC1stPreviousNextBottomJust 99th
                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/ClearBridge Large Cap Growth Fund - Class I

 

JNL/DFA Growth Allocation Fund - Class A

 

JNL/DFA Growth Allocation Fund - Class I

 

JNL/DFA International Core Equity Fund - Class A(a)

 

JNL/DFA International Core Equity Fund - Class I(a)

 

JNL/DFA Moderate Growth Allocation Fund - Class A

 

JNL/DFA Moderate Growth Allocation Fund - Class I

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(1,155

)

$

19,181

 

$

410

 

$

(1,907

)

$

 

$

26,098

 

$

 

 

Net realized gain (loss) on investments

 

11,349

 

 

129,830

 

 

463

 

 

216

 

 

 

 

115,350

 

 

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

49,081

 

 

1,592,814

 

 

6,886

 

 

45,441

 

 

 

 

1,317,061

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

59,275

 

 

1,741,825

 

 

7,759

 

 

43,750

 

 

 

 

1,458,509

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

150,072

 

 

3,128,471

 

 

 

 

511,431

 

 

 

 

2,438,628

 

 

 

 

Surrenders and terminations

 

(106

)

 

(219,805

)

 

 

 

(1,561

)

 

 

 

(489,600

)

 

 

 

Transfers between Investment Divisions

 

(897

)

 

457,076

 

 

122

 

 

209,269

 

 

 

 

(356,730

)

 

 

 

Contract owner charges

 

(3,047

)

 

(92,414

)

 

(512

)

 

(1,116

)

 

 

 

(70,362

)

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

146,022

 

 

3,273,328

 

 

(390

)

 

718,023

 

 

 

 

1,521,936

 

 

 

 

                        

Net change in net assets

 

205,297

 

 

5,015,153

 

 

7,369

 

 

761,773

 

 

 

 

2,980,445

 

 

 

 

                        

Net assets beginning of year

 

152,343

 

 

7,640,366

 

 

36,765

 

 

 

 

 

 

8,344,907

 

 

 

 

                        

Net assets end of year

$

357,640

 

$

12,655,519

 

$

44,134

 

$

761,773

 

$

 

$

11,325,352

 

$

 

 

                        

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

14,096

 

 

787,247

 

 

3,695

 

 

 

 

 

 

851,316

 

 

 

 

Units issued

 

22,566

 

 

339,317

 

 

11

 

 

71,147

 

 

 

 

266,288

 

 

 

 

Units redeemed

 

(11,439

)

 

(38,020

)

 

(46

)

 

(259

)

 

 

 

(128,958

)

 

 

 

Units outstanding at end of year

 

25,223

 

 

1,088,544

 

 

3,660

 

 

70,888

 

 

 

 

988,646

 

 

 

 

  

(a)

The mutual fund's shares, as applicable, became available for investment by the Investment Division on June 24, 2019.

See Notes to the Financial Statements.

99


N-VPFS100th “Page” of 183TOC1stPreviousNextBottomJust 100th
                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/DFA U.S. Core Equity Fund - Class A

 

JNL/DFA U.S. Core Equity Fund - Class I

 

JNL/DFA U.S. Small Cap Fund - Class A

 

JNL/DFA U.S. Small Cap Fund - Class I

 

JNL/DoubleLine Core Fixed Income Fund - Class A

 

JNL/DoubleLine Core Fixed Income Fund - Class I

 

JNL/DoubleLine Emerging Markets Fixed Income Fund - Class A

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(923,070

)

$

(493

)

$

(48,344

)

$

132

 

$

2,463,438

 

$

6,538

 

$

(22,846

)

 

Net realized gain (loss) on investments

 

2,319,147

 

 

101

 

 

511,517

 

 

393

 

 

1,083,147

 

 

908

 

 

34,543

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

14,332,657

 

 

19,347

 

 

840,279

 

 

1,937

 

 

8,934,863

 

 

372

 

 

145,050

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

15,728,734

 

 

18,955

 

 

1,303,452

 

 

2,462

 

 

12,481,448

 

 

7,818

 

 

156,747

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

3,353,121

 

 

89,424

 

 

2,396,747

 

 

36,288

 

 

7,585,337

 

 

230,251

 

 

731,511

 

 

Surrenders and terminations

 

(4,185,460

)

 

 

 

(415,399

)

 

 

 

(21,597,522

)

 

 

 

(165,648

)

 

Transfers between Investment Divisions

 

878,647

 

 

(187

)

 

1,190,408

 

 

(22,235

)

 

1,331,908

 

 

(11,072

)

 

353,738

 

 

Contract owner charges

 

(685,942

)

 

(899

)

 

(31,352

)

 

(142

)

 

(2,199,846

)

 

(668

)

 

(11,484

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(639,634

)

 

88,338

 

 

3,140,404

 

 

13,911

 

 

(14,880,123

)

 

218,511

 

 

908,117

 

 

                        

Net change in net assets

 

15,089,100

 

 

107,293

 

 

4,443,856

 

 

16,373

 

 

(2,398,675

)

 

226,329

 

 

1,064,864

 

 

                        

Net assets beginning of year

 

55,419,163

 

 

24,252

 

 

5,250,891

 

 

5,149

 

 

205,261,383

 

 

41,887

 

 

1,233,830

 

 

                        

Net assets end of year

$

70,508,263

 

$

131,545

 

$

9,694,747

 

$

21,522

 

$

202,862,708

 

$

268,216

 

$

2,298,694

 

 

                        

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

1,781,148

 

 

627

 

 

330,490

 

 

578

 

 

10,151,739

 

 

1,473

 

 

116,319

 

 

Units issued

 

324,424

 

 

1,760

 

 

247,556

 

 

3,540

 

 

1,120,814

 

 

9,682

 

 

159,804

 

 

Units redeemed

 

(332,925

)

 

(17

)

 

(66,013

)

 

(2,125

)

 

(1,867,866

)

 

(1,288

)

 

(78,705

)

 

Units outstanding at end of year

 

1,772,647

 

 

2,370

 

 

512,033

 

 

1,993

 

 

9,404,687

 

 

9,867

 

 

197,418

 

 

See Notes to the Financial Statements.

100


N-VPFS101st “Page” of 183TOC1stPreviousNextBottomJust 101st
                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/DoubleLine Emerging Markets Fixed Income Fund - Class I

 

JNL/DoubleLine Shiller Enhanced CAPE Fund - Class A

 

JNL/DoubleLine Shiller Enhanced CAPE Fund - Class I

 

JNL/DoubleLine Total Return Fund - Class A

 

JNL/DoubleLine Total Return Fund - Class I

 

JNL/Fidelity Institutional Asset Management Total Bond Fund - Class A

 

JNL/Fidelity Institutional Asset Management Total Bond Fund - Class I

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(249

)

$

(930,544

)

$

(1,138

)

$

(1,256,875

)

$

(698

)

$

135,275

 

$

146

 

 

Net realized gain (loss) on investments

 

610

 

 

617,036

 

 

(1,885

)

 

486,032

 

 

49

 

 

(52,673

)

 

22

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

4,878

 

 

17,466,056

 

 

57,792

 

 

4,666,984

 

 

5,722

 

 

4,065,526

 

 

718

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

5,239

 

 

17,152,548

 

 

54,769

 

 

3,896,141

 

 

5,073

 

 

4,148,128

 

 

886

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

22,889

 

 

14,401,722

 

 

366,885

 

 

9,616,754

 

 

126,503

 

 

3,082,186

 

 

27,658

 

 

Surrenders and terminations

 

 

 

(3,415,603

)

 

 

 

(7,134,142

)

 

 

 

(4,551,005

)

 

 

 

Transfers between Investment Divisions

 

(9,840

)

 

14,535,790

 

 

(26,409

)

 

1,622,322

 

 

42,770

 

 

899,980

 

 

338

 

 

Contract owner charges

 

(380

)

 

(687,290

)

 

(2,930

)

 

(855,605

)

 

(582

)

 

(662,364

)

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

12,669

 

 

24,834,619

 

 

337,546

 

 

3,249,329

 

 

168,691

 

 

(1,231,203

)

 

27,996

 

 

                        

Net change in net assets

 

17,908

 

 

41,987,167

 

 

392,315

 

 

7,145,470

 

 

173,764

 

 

2,916,925

 

 

28,882

 

 

                        

Net assets beginning of year

 

38,001

 

 

45,992,388

 

 

56,087

 

 

91,579,467

 

 

43,239

 

 

55,159,266

 

 

 

 

                        

Net assets end of year

$

55,909

 

$

87,979,555

 

$

448,402

 

$

98,724,937

 

$

217,003

 

$

58,076,191

 

$

28,882

 

 

                        

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

3,522

 

 

3,176,074

 

 

3,935

 

 

8,391,596

 

 

3,925

 

 

2,235,609

 

 

 

 

Units issued

 

3,104

 

 

2,273,392

 

 

25,375

 

 

2,253,855

 

 

14,642

 

 

375,998

 

 

846

 

 

Units redeemed

 

(1,023

)

 

(840,599

)

 

(5,786

)

 

(1,974,810

)

 

(276

)

 

(429,588

)

 

(14

)

 

Units outstanding at end of year

 

5,603

 

 

4,608,867

 

 

23,524

 

 

8,670,641

 

 

18,291

 

 

2,182,019

 

 

832

 

 

See Notes to the Financial Statements.

101


N-VPFS102nd “Page” of 183TOC1stPreviousNextBottomJust 102nd
                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/First State Global Infrastructure Fund - Class A

 

JNL/First State Global Infrastructure Fund - Class I

 

JNL/Franklin Templeton Global Multisector Bond Fund - Class A

 

JNL/Franklin Templeton Global Multisector Bond Fund - Class I

 

JNL/Franklin Templeton Growth Allocation Fund - Class A

 

JNL/Franklin Templeton Growth Allocation Fund - Class I

 

JNL/Franklin Templeton Income Fund - Class A

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(944,618

)

$

(39

)

$

3,543,713

 

$

3,384

 

$

(1,093,521

)

$

(171

)

$

(2,162,982

)

 

Net realized gain (loss) on investments

 

573,964

 

 

26

 

 

(295,096

)

 

(7

)

 

3,571,416

 

 

8

 

 

1,699,744

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

15,114,143

 

 

1,245

 

 

(3,445,954

)

 

(3,081

)

 

8,376,306

 

 

8,512

 

 

20,572,733

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

14,743,489

 

 

1,232

 

 

(197,337

)

 

296

 

 

10,854,201

 

 

8,349

 

 

20,109,495

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

1,902,833

 

 

11,445

 

 

2,056,463

 

 

13,215

 

 

1,533,800

 

 

 

 

6,983,863

 

 

Surrenders and terminations

 

(4,426,299

)

 

 

 

(3,562,283

)

 

 

 

(6,301,218

)

 

 

 

(16,145,133

)

 

Transfers between Investment Divisions

 

(5,071,135

)

 

(415

)

 

749,296

 

 

7,809

 

 

(5,302,544

)

 

92,557

 

 

(1,907,663

)

 

Contract owner charges

 

(726,340

)

 

 

 

(344,663

)

 

(296

)

 

(878,718

)

 

 

 

(1,551,726

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(8,320,941

)

 

11,030

 

 

(1,101,187

)

 

20,728

 

 

(10,948,680

)

 

92,557

 

 

(12,620,659

)

 

                        

Net change in net assets

 

6,422,548

 

 

12,262

 

 

(1,298,524

)

 

21,024

 

 

(94,479

)

 

100,906

 

 

7,488,836

 

 

                        

Net assets beginning of year

 

61,568,798

 

 

 

 

43,472,059

 

 

14,513

 

 

72,263,816

 

 

 

 

143,552,954

 

 

                        

Net assets end of year

$

67,991,346

 

$

12,262

 

$

42,173,535

 

$

35,537

 

$

72,169,337

 

$

100,906

 

$

151,041,790

 

 

                        

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

4,427,590

 

 

 

 

3,772,969

 

 

1,133

 

 

5,972,340

 

 

 

 

9,744,285

 

 

Units issued

 

366,622

 

 

646

 

 

802,389

 

 

1,641

 

 

363,365

 

 

6,520

 

 

1,070,804

 

 

Units redeemed

 

(888,203

)

 

(22

)

 

(907,966

)

 

(23

)

 

(1,196,307

)

 

 

 

(1,872,287

)

 

Units outstanding at end of year

 

3,906,009

 

 

624

 

 

3,667,392

 

 

2,751

 

 

5,139,398

 

 

6,520

 

 

8,942,802

 

 

See Notes to the Financial Statements.

102


N-VPFS103rd “Page” of 183TOC1stPreviousNextBottomJust 103rd
                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Franklin Templeton Income Fund - Class I

 

JNL/Franklin Templeton International Small Cap Fund - Class A

 

JNL/Franklin Templeton International Small Cap Fund - Class I

 

JNL/Goldman Sachs 4 Fund - Class A

 

JNL/Goldman Sachs 4 Fund - Class I

 

JNL/Goldman Sachs Competitive Advantage Fund - Class A

 

JNL/Goldman Sachs Competitive Advantage Fund - Class I

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(371

)

$

(330,724

)

$

213

 

$

(6,776,314

)

$

(2,000

)

$

(74,902

)

$

544

 

 

Net realized gain (loss) on investments

 

87

 

 

497,245

 

 

780

 

 

16,168,197

 

 

188

 

 

6,803,609

 

 

4,715

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

8,432

 

 

5,918,763

 

 

795

 

 

88,655,048

 

 

72,701

 

 

6,718,944

 

 

(94

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

8,148

 

 

6,085,284

 

 

1,788

 

 

98,046,931

 

 

70,889

 

 

13,447,651

 

 

5,165

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

132,419

 

 

2,658,969

 

 

25,000

 

 

18,623,356

 

 

812,028

 

 

2,222,876

 

 

11,851

 

 

Surrenders and terminations

 

(2,075

)

 

(2,614,075

)

 

 

 

(28,674,479

)

 

 

 

(3,297,526

)

 

 

 

Transfers between Investment Divisions

 

268

 

 

(577,773

)

 

7,799

 

 

(14,965,757

)

 

380

 

 

(4,367,841

)

 

34,271

 

 

Contract owner charges

 

(678

)

 

(437,908

)

 

(263

)

 

(5,069,141

)

 

(5,999

)

 

(587,434

)

 

(501

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

129,934

 

 

(970,787

)

 

32,536

 

 

(30,086,021

)

 

806,409

 

 

(6,029,925

)

 

45,621

 

 

                        

Net change in net assets

 

138,082

 

 

5,114,497

 

 

34,324

 

 

67,960,910

 

 

877,298

 

 

7,417,726

 

 

50,786

 

 

                        

Net assets beginning of year

 

5,141

 

 

36,708,734

 

 

 

 

430,429,668

 

 

21,591

 

 

51,736,968

 

 

 

 

                        

Net assets end of year

$

143,223

 

$

41,823,231

 

$

34,324

 

$

498,390,578

 

$

898,889

 

$

59,154,694

 

$

50,786

 

 

                        

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

284

 

 

3,618,313

 

 

 

 

20,089,347

 

 

1,131

 

 

2,101,659

 

 

 

 

Units issued

 

7,053

 

 

658,585

 

 

2,411

 

 

1,893,400

 

 

36,911

 

 

280,372

 

 

2,666

 

 

Units redeemed

 

(149

)

 

(743,498

)

 

(20

)

 

(3,134,522

)

 

(330

)

 

(492,905

)

 

(1,294

)

 

Units outstanding at end of year

 

7,188

 

 

3,533,400

 

 

2,391

 

 

18,848,225

 

 

37,712

 

 

1,889,126

 

 

1,372

 

 

See Notes to the Financial Statements.

103


N-VPFS104th “Page” of 183TOC1stPreviousNextBottomJust 104th
                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Goldman Sachs Dividend Income & Growth Fund - Class A

 

JNL/Goldman Sachs Dividend Income & Growth Fund - Class I

 

JNL/Goldman Sachs International 5 Fund - Class A

 

JNL/Goldman Sachs International 5 Fund - Class I

 

JNL/Goldman Sachs Intrinsic Value Fund - Class A

 

JNL/Goldman Sachs Intrinsic Value Fund - Class I

 

JNL/Goldman Sachs Managed Aggressive Growth Fund - Class A

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

5,857,683

 

$

18,322

 

$

76,078

 

$

256

 

$

501,681

 

$

567

 

$

(2,387,786

)

 

Net realized gain (loss) on investments

 

22,642,208

 

 

40,949

 

 

(51,914

)

 

 

 

5,485,859

 

 

2,417

 

 

7,540,994

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

34,560,090

 

 

20,035

 

 

575,519

 

 

560

 

 

3,778,259

 

 

(10

)

 

28,943,298

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

63,059,981

 

 

79,306

 

 

599,683

 

 

816

 

 

9,765,799

 

 

2,974

 

 

34,096,506

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

9,275,517

 

 

343,255

 

 

341,410

 

 

9,000

 

 

1,834,177

 

 

11,851

 

 

9,721,085

 

 

Surrenders and terminations

 

(22,153,465

)

 

(362

)

 

(88,182

)

 

 

 

(3,626,406

)

 

 

 

(8,749,346

)

 

Transfers between Investment Divisions

 

6,851,945

 

 

134,620

 

 

383,286

 

 

 

 

(1,469,717

)

 

2,650

 

 

(5,145,915

)

 

Contract owner charges

 

(3,220,533

)

 

(3,524

)

 

(7,830

)

 

(72

)

 

(602,549

)

 

(150

)

 

(1,802,482

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(9,246,536

)

 

473,989

 

 

628,684

 

 

8,928

 

 

(3,864,495

)

 

14,351

 

 

(5,976,658

)

 

                        

Net change in net assets

 

53,813,445

 

 

553,295

 

 

1,228,367

 

 

9,744

 

 

5,901,304

 

 

17,325

 

 

28,119,848

 

 

                        

Net assets beginning of year

 

248,011,658

 

 

48,518

 

 

3,392,352

 

 

 

 

51,311,767

 

 

8,593

 

 

138,445,520

 

 

                        

Net assets end of year

$

301,825,103

 

$

601,813

 

$

4,620,719

 

$

9,744

 

$

57,213,071

 

$

25,918

 

$

166,565,368

 

 

                        

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

11,631,442

 

 

1,900

 

 

314,246

 

 

 

 

2,413,786

 

 

336

 

 

5,951,083

 

 

Units issued

 

2,111,126

 

 

20,651

 

 

141,863

 

 

858

 

 

430,541

 

 

537

 

 

784,764

 

 

Units redeemed

 

(2,510,377

)

 

(3,621

)

 

(89,213

)

 

(7

)

 

(595,934

)

 

(5

)

 

(1,019,375

)

 

Units outstanding at end of year

 

11,232,191

 

 

18,930

 

 

366,896

 

 

851

 

 

2,248,393

 

 

868

 

 

5,716,472

 

 

See Notes to the Financial Statements.

104


N-VPFS105th “Page” of 183TOC1stPreviousNextBottomJust 105th
                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Goldman Sachs Managed Aggressive Growth Fund - Class I

 

JNL/Goldman Sachs Managed Conservative Fund - Class A

 

JNL/Goldman Sachs Managed Conservative Fund - Class I

 

JNL/Goldman Sachs Managed Growth Fund - Class A

 

JNL/Goldman Sachs Managed Growth Fund - Class I

 

JNL/Goldman Sachs Managed Moderate Fund - Class A

 

JNL/Goldman Sachs Managed Moderate Fund - Class I

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(3,893

)

$

(1,609,421

)

$

 

$

(5,837,287

)

$

 

$

(3,892,489

)

$

 

 

Net realized gain (loss) on investments

 

338

 

 

3,566,724

 

 

 

 

19,507,973

 

 

 

 

10,021,343

 

 

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

143,825

 

 

7,527,921

 

 

 

 

63,702,390

 

 

 

 

26,012,817

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

140,270

 

 

9,485,224

 

 

 

 

77,373,076

 

 

 

 

32,141,671

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

98,199

 

 

1,633,066

 

 

 

 

11,182,267

 

 

 

 

5,095,859

 

 

 

 

Surrenders and terminations

 

 

 

(14,669,848

)

 

 

 

(29,632,607

)

 

 

 

(25,898,323

)

 

 

 

Transfers between Investment Divisions

 

(235

)

 

1,196,455

 

 

 

 

(12,424,745

)

 

 

 

(3,016,447

)

 

 

 

Contract owner charges

 

(8,530

)

 

(1,310,324

)

 

 

 

(4,711,295

)

 

 

 

(3,194,358

)

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

89,434

 

 

(13,150,651

)

 

 

 

(35,586,380

)

 

 

 

(27,013,269

)

 

 

 

                        

Net change in net assets

 

229,704

 

 

(3,665,427

)

 

 

 

41,786,696

 

 

 

 

5,128,402

 

 

 

 

                        

Net assets beginning of year

 

500,639

 

 

105,693,595

 

 

 

 

355,205,056

 

 

 

 

253,895,299

 

 

 

 

                        

Net assets end of year

$

730,343

 

$

102,028,168

 

$

 

$

396,991,752

 

$

 

$

259,023,701

 

$

 

 

                        

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

17,818

 

 

7,698,548

 

 

 

 

15,385,715

 

 

 

 

15,977,911

 

 

 

 

Units issued

 

4,107

 

 

737,975

 

 

 

 

885,920

 

 

 

 

1,003,488

 

 

 

 

Units redeemed

 

(287

)

 

(1,652,110

)

 

 

 

(2,254,948

)

 

 

 

(2,609,655

)

 

 

 

Units outstanding at end of year

 

21,638

 

 

6,784,413

 

 

 

 

14,016,687

 

 

 

 

14,371,744

 

 

 

 

See Notes to the Financial Statements.

105


N-VPFS106th “Page” of 183TOC1stPreviousNextBottomJust 106th
                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Goldman Sachs Managed Moderate Growth Fund - Class A

 

JNL/Goldman Sachs Managed Moderate Growth Fund - Class I

 

JNL/Goldman Sachs Total Yield Fund - Class A

 

JNL/Goldman Sachs Total Yield Fund - Class I

 

JNL/GQG Emerging Markets Equity Fund - Class A

 

JNL/GQG Emerging Markets Equity Fund - Class I

 

JNL/Harris Oakmark Global Equity Fund - Class A

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(6,286,320

)

$

(147

)

$

207,348

 

$

82

 

$

(16,813

)

$

(10

)

$

74,987

 

 

Net realized gain (loss) on investments

 

19,751,814

 

 

 

 

1,221,115

 

 

210

 

 

11,409

 

 

2,393

 

 

714,092

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

53,320,242

 

 

2,104

 

 

4,595,316

 

 

401

 

 

341,483

 

 

687

 

 

4,646,551

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

66,785,736

 

 

1,957

 

 

6,023,779

 

 

693

 

 

336,079

 

 

3,070

 

 

5,435,630

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

7,655,926

 

 

52,251

 

 

1,303,560

 

 

 

 

981,929

 

 

43,723

 

 

1,601,024

 

 

Surrenders and terminations

 

(35,930,519

)

 

 

 

(2,668,978

)

 

 

 

(89,943

)

 

 

 

(2,022,288

)

 

Transfers between Investment Divisions

 

(13,442,911

)

 

(244

)

 

(2,350,411

)

 

805

 

 

2,270,831

 

 

(37,972

)

 

(708,847

)

 

Contract owner charges

 

(5,108,993

)

 

 

 

(389,191

)

 

(49

)

 

(16,351

)

 

(34

)

 

(142,201

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(46,826,497

)

 

52,007

 

 

(4,105,020

)

 

756

 

 

3,146,466

 

 

5,717

 

 

(1,272,312

)

 

                        

Net change in net assets

 

19,959,239

 

 

53,964

 

 

1,918,759

 

 

1,449

 

 

3,482,545

 

 

8,787

 

 

4,163,318

 

 

                        

Net assets beginning of year

 

400,494,684

 

 

 

 

31,286,196

 

 

2,875

 

 

766,430

 

 

2,620

 

 

21,064,440

 

 

                        

Net assets end of year

$

420,453,923

 

$

53,964

 

$

33,204,955

 

$

4,324

 

$

4,248,975

 

$

11,407

 

$

25,227,758

 

 

                        

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

19,126,332

 

 

 

 

1,734,214

 

 

134

 

 

87,027

 

 

294

 

 

2,284,937

 

 

Units issued

 

1,090,425

 

 

1,764

 

 

196,263

 

 

33

 

 

366,300

 

 

5,318

 

 

375,121

 

 

Units redeemed

 

(3,143,930

)

 

 

 

(402,273

)

 

(2

)

 

(47,376

)

 

(4,554

)

 

(487,867

)

 

Units outstanding at end of year

 

17,072,827

 

 

1,764

 

 

1,528,204

 

 

165

 

 

405,951

 

 

1,058

 

 

2,172,191

 

 

See Notes to the Financial Statements.

106


N-VPFS107th “Page” of 183TOC1stPreviousNextBottomJust 107th
                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Harris Oakmark Global Equity Fund - Class I

 

JNL/Heitman U.S. Focused Real Estate Fund - Class A

 

JNL/Heitman U.S. Focused Real Estate Fund - Class I

 

JNL/Invesco Diversified Dividend Fund - Class A

 

JNL/Invesco Diversified Dividend Fund - Class I

 

JNL/Invesco Global Growth Fund - Class A

 

JNL/Invesco Global Growth Fund - Class I

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

927

 

$

1,002

 

$

380

 

$

66,172

 

$

 

$

(1,211,742

)

$

1,188

 

 

Net realized gain (loss) on investments

 

3,669

 

 

27,793

 

 

1,857

 

 

109,248

 

 

 

 

15,054,929

 

 

16,179

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

9,455

 

 

33,535

 

 

16,522

 

 

908,201

 

 

 

 

21,302,409

 

 

10,018

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

14,051

 

 

62,330

 

 

18,759

 

 

1,083,621

 

 

 

 

35,145,596

 

 

27,385

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

48,823

 

 

645,680

 

 

 

 

2,139,986

 

 

 

 

4,795,782

 

 

198,674

 

 

Surrenders and terminations

 

 

 

(67,654

)

 

 

 

(269,352

)

 

 

 

(9,718,542

)

 

 

 

Transfers between Investment Divisions

 

(22,542

)

 

844,964

 

 

(3,463

)

 

1,930,992

 

 

 

 

(2,069,859

)

 

(143

)

 

Contract owner charges

 

(186

)

 

(6,372

)

 

(1,274

)

 

(51,789

)

 

 

 

(1,675,695

)

 

(1,164

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

26,095

 

 

1,416,618

 

 

(4,737

)

 

3,749,837

 

 

 

 

(8,668,314

)

 

197,367

 

 

                        

Net change in net assets

 

40,146

 

 

1,478,948

 

 

14,022

 

 

4,833,458

 

 

 

 

26,477,282

 

 

224,752

 

 

                        

Net assets beginning of year

 

28,990

 

 

50,752

 

 

72,150

 

 

3,126,974

 

 

 

 

122,287,349

 

 

 

 

                        

Net assets end of year

$

69,136

 

$

1,529,700

 

$

86,172

 

$

7,960,432

 

$

 

$

148,764,631

 

$

224,752

 

 

                        

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

3,119

 

 

5,434

 

 

7,689

 

 

332,177

 

 

 

 

5,671,898

 

 

 

 

Units issued

 

4,947

 

 

189,087

 

 

1,028

 

 

464,810

 

 

 

 

677,574

 

 

7,263

 

 

Units redeemed

 

(2,265

)

 

(61,610

)

 

(1,376

)

 

(104,749

)

 

 

 

(1,021,480

)

 

(899

)

 

Units outstanding at end of year

 

5,801

 

 

132,911

 

 

7,341

 

 

692,238

 

 

 

 

5,327,992

 

 

6,364

 

 

See Notes to the Financial Statements.

107


N-VPFS108th “Page” of 183TOC1stPreviousNextBottomJust 108th
                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Invesco Global Real Estate Fund - Class A

 

JNL/Invesco Global Real Estate Fund - Class I

 

JNL/Invesco International Growth Fund - Class A

 

JNL/Invesco International Growth Fund - Class I

 

JNL/Invesco Small Cap Growth Fund - Class A

 

JNL/Invesco Small Cap Growth Fund - Class I

 

JNL/JPMorgan Global Allocation Fund - Class A(a)

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(1,154,287

)

$

(146

)

$

185,649

 

$

1,612

 

$

(2,031,972

)

$

(1,245

)

$

(43,172

)

 

Net realized gain (loss) on investments

 

276,272

 

 

18

 

 

4,670,207

 

 

8,962

 

 

4,788,240

 

 

(5,030

)

 

35,734

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

15,588,051

 

 

3,009

 

 

10,304,832

 

 

13,848

 

 

24,805,124

 

 

54,714

 

 

691,534

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

14,710,036

 

 

2,881

 

 

15,160,688

 

 

24,422

 

 

27,561,392

 

 

48,439

 

 

684,096

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

2,733,274

 

 

62,043

 

 

2,426,642

 

 

 

 

10,464,699

 

 

148,889

 

 

228,472

 

 

Surrenders and terminations

 

(5,765,644

)

 

 

 

(4,181,640

)

 

 

 

(9,715,768

)

 

(158

)

 

(613,033

)

 

Transfers between Investment Divisions

 

(2,927,080

)

 

5,866

 

 

(5,929,514

)

 

 

 

(4,085,426

)

 

45

 

 

94,245

 

 

Contract owner charges

 

(896,854

)

 

(134

)

 

(644,551

)

 

(1,537

)

 

(1,574,505

)

 

(3,311

)

 

(1,738

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(6,856,304

)

 

67,775

 

 

(8,329,063

)

 

(1,537

)

 

(4,911,000

)

 

145,465

 

 

(292,054

)

 

                        

Net change in net assets

 

7,853,732

 

 

70,656

 

 

6,831,625

 

 

22,885

 

 

22,650,392

 

 

193,904

 

 

392,042

 

 

                        

Net assets beginning of year

 

72,529,406

 

 

 

 

60,313,257

 

 

87,764

 

 

122,126,358

 

 

108,137

 

 

4,269,832

 

 

                        

Net assets end of year

$

80,383,138

 

$

70,656

 

$

67,144,882

 

$

110,649

 

$

144,776,750

 

$

302,041

 

$

4,661,874

 

 

                        

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

4,396,103

 

 

 

 

3,118,137

 

 

3,034

 

 

4,059,866

 

 

2,733

 

 

402,569

 

 

Units issued

 

449,194

 

 

4,162

 

 

240,403

 

 

3,299

 

 

882,438

 

 

5,042

 

 

32,922

 

 

Units redeemed

 

(821,727

)

 

(1,154

)

 

(608,530

)

 

(3,071

)

 

(1,019,288

)

 

(1,475

)

 

(58,640

)

 

Units outstanding at end of year

 

4,023,570

 

 

3,008

 

 

2,750,010

 

 

3,262

 

 

3,923,016

 

 

6,300

 

 

376,851

 

 

  

(a)

The mutual fund's shares, as applicable, became available for investment by the Investment Division on June 24, 2019.

See Notes to the Financial Statements.

108


N-VPFS109th “Page” of 183TOC1stPreviousNextBottomJust 109th
                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/JPMorgan Global Allocation Fund - Class I(a)

 

JNL/JPMorgan Growth & Income Fund - Class A

 

JNL/JPMorgan Growth & Income Fund - Class I

 

JNL/JPMorgan Hedged Equity Fund - Class A

 

JNL/JPMorgan Hedged Equity Fund - Class I

 

JNL/JPMorgan MidCap Growth Fund - Class A

 

JNL/JPMorgan MidCap Growth Fund - Class I

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

 

$

(640,503

)

$

(84

)

$

(52,403

)

$

(153

)

$

(1,618,912

)

$

(859

)

 

Net realized gain (loss) on investments

 

 

 

466,859

 

 

5

 

 

152,955

 

 

778

 

 

3,802,381

 

 

2,973

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

 

 

8,267,535

 

 

5,890

 

 

375,759

 

 

2,857

 

 

33,556,160

 

 

40,006

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

 

 

8,093,891

 

 

5,811

 

 

476,311

 

 

3,482

 

 

35,739,629

 

 

42,120

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

 

 

1,019,267

 

 

52,579

 

 

3,258,449

 

 

45,779

 

 

12,507,408

 

 

148,469

 

 

Surrenders and terminations

 

 

 

(3,341,453

)

 

 

 

(113,086

)

 

 

 

(8,433,201

)

 

(1,376

)

 

Transfers between Investment Divisions

 

 

 

(1,073,387

)

 

 

 

5,099,300

 

 

(510

)

 

2,307,755

 

 

53,613

 

 

Contract owner charges

 

 

 

(515,353

)

 

 

 

(38,152

)

 

 

 

(1,145,096

)

 

(2,142

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

 

 

(3,910,926

)

 

52,579

 

 

8,206,511

 

 

45,269

 

 

5,236,866

 

 

198,564

 

 

                        

Net change in net assets

 

 

 

4,182,965

 

 

58,390

 

 

8,682,822

 

 

48,751

 

 

40,976,495

 

 

240,684

 

 

                        

Net assets beginning of year

 

 

 

39,868,842

 

 

 

 

591,795

 

 

 

 

94,157,553

 

 

10,788

 

 

                        

Net assets end of year

$

 

$

44,051,807

 

$

58,390

 

$

9,274,617

 

$

48,751

 

$

135,134,048

 

$

251,472

 

 

                        

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

 

 

3,222,148

 

 

 

 

61,901

 

 

 

 

1,963,734

 

 

154

 

 

Units issued

 

 

 

278,737

 

 

3,387

 

 

952,643

 

 

4,555

 

 

545,482

 

 

3,410

 

 

Units redeemed

 

 

 

(565,040

)

 

 

 

(144,251

)

 

(49

)

 

(472,601

)

 

(853

)

 

Units outstanding at end of year

 

 

 

2,935,845

 

 

3,387

 

 

870,293

 

 

4,506

 

 

2,036,615

 

 

2,711

 

 

  

(a)

The mutual fund's shares, as applicable, became available for investment by the Investment Division on June 24, 2019.

See Notes to the Financial Statements.

109


N-VPFS110th “Page” of 183TOC1stPreviousNextBottomJust 110th
                  

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/JPMorgan U.S. Government & Quality Bond Fund - Class A

 

JNL/JPMorgan U.S. Government & Quality Bond Fund - Class I

 

JNL/Lazard International Strategic Equity Fund - Class A

 

JNL/Lazard International Strategic Equity Fund - Class I

 

JNL/Loomis Sayles Global Growth Fund - Class A

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(860,180

)

$

(1,449

)

$

(34,135

)

$

 

$

(890

)

 

Net realized gain (loss) on investments

 

110,169

 

 

10,134

 

 

129,314

 

 

 

 

803

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

3,601,078

 

 

13,687

 

 

688,881

 

 

 

 

18,623

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

2,851,067

 

 

22,372

 

 

784,060

 

 

 

 

18,536

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

9,793,353

 

 

747,465

 

 

646,701

 

 

 

 

87,688

 

 

Surrenders and terminations

 

(6,332,202

)

 

 

 

(414,228

)

 

 

 

(7,783

)

 

Transfers between Investment Divisions

 

602,049

 

 

(421,680

)

 

(71,382

)

 

 

 

34,291

 

 

Contract owner charges

 

(575,531

)

 

(2,837

)

 

(5,374

)

 

 

 

(16

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

3,487,669

 

 

322,948

 

 

155,717

 

 

 

 

114,180

 

 

                  

Net change in net assets

 

6,338,736

 

 

345,320

 

 

939,777

 

 

 

 

132,716

 

 

                  

Net assets beginning of year

 

58,328,372

 

 

10,044

 

 

3,737,024

 

 

 

 

32,952

 

 

                  

Net assets end of year

$

64,667,108

 

$

355,364

 

$

4,676,801

 

$

 

$

165,668

 

 

                  

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

2,819,005

 

 

334

 

 

303,547

 

 

 

 

3,743

 

 

Units issued

 

1,344,625

 

 

26,419

 

 

86,678

 

 

 

 

12,068

 

 

Units redeemed

 

(1,191,397

)

 

(15,653

)

 

(74,255

)

 

 

 

(1,261

)

 

Units outstanding at end of year

 

2,972,233

 

 

11,100

 

 

315,970

 

 

 

 

14,550

 

 

See Notes to the Financial Statements.

110


N-VPFS111th “Page” of 183TOC1stPreviousNextBottomJust 111th
                     

JNLNY Separate Account I

Statements of Changes in Net Assets 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Mellon Bond Index Fund - Class A

 

JNL/Mellon Bond Index Fund - Class I

 

JNL/Mellon Communication Services Sector Fund - Class A

 

JNL/Mellon Communication Services Sector Fund - Class I

 

JNL/Mellon Consumer Discretionary Sector Fund - Class A

 

JNL/Mellon Consumer Discretionary Sector Fund - Class I

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

852,163

 

$

2,439

 

$

(156,235

)

$

(1

)

$

(1,235,335

)

$

(372

)

 

Net realized gain (loss) on investments

 

382,735

 

 

 

 

(28,021

)

 

 

 

3,126,582

 

 

1,400

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

3,249,456

 

 

(1,270

)

 

2,513,459

 

 

(25

)

 

16,657,233

 

 

13,440

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

4,484,354

 

 

1,169

 

 

2,329,203

 

 

(26

)

 

18,548,480

 

 

14,468

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

8,252,360

 

 

109,500

 

 

1,299,049

 

 

 

 

5,693,691

 

 

60,590

 

 

Surrenders and terminations

 

(5,163,199

)

 

(228

)

 

(1,473,625

)

 

 

 

(5,912,592

)

 

 

 

Transfers between Investment Divisions

 

12,776,953

 

 

(1

)

 

1,472,424

 

 

5,000

 

 

714,871

 

 

17,944

 

 

Contract owner charges

 

(606,908

)

 

(275

)

 

(111,009

)

 

 

 

(892,922

)

 

(486

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

15,259,206

 

 

108,996

 

 

1,186,839

 

 

5,000

 

 

(396,952

)

 

78,048

 

 

                     

Net change in net assets

 

19,743,560

 

 

110,165

 

 

3,516,042

 

 

4,974

 

 

18,151,528

 

 

92,516

 

 

                     

Net assets beginning of year

 

66,793,324

 

 

 

 

8,980,343

 

 

 

 

74,258,008

 

 

24,627

 

 

                     

Net assets end of year

$

86,536,884

 

$

110,165

 

$

12,496,385

 

$

4,974

 

$

92,409,536

 

$

117,143

 

 

                     

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

4,700,285

 

 

 

 

983,963

 

 

 

 

2,613,168

 

 

632

 

 

Units issued

 

2,294,218

 

 

5,546

 

 

509,206

 

 

314

 

 

540,638

 

 

2,667

 

 

Units redeemed

 

(1,293,236

)

 

(25

)

 

(406,057

)

 

 

 

(560,213

)

 

(896

)

 

Units outstanding at end of year

 

5,701,267

 

 

5,521

 

 

1,087,112

 

 

314

 

 

2,593,593

 

 

2,403

 

 

See Notes to the Financial Statements.

111


N-VPFS112th “Page” of 183TOC1stPreviousNextBottomJust 112th
                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Mellon Consumer Staples Sector Fund - Class A

 

JNL/Mellon Consumer Staples Sector Fund - Class I

 

JNL/Mellon Dow Index Fund - Class A

 

JNL/Mellon Dow Index Fund - Class I

 

JNL/Mellon Emerging Markets Index Fund - Class A

 

JNL/Mellon Emerging Markets Index Fund - Class I

 

JNL/Mellon Energy Sector Fund - Class A

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(72,185

)

$

(156

)

$

(345,472

)

$

(154

)

$

478,228

 

$

4,462

 

$

(1,301,205

)

 

Net realized gain (loss) on investments

 

160,363

 

 

1,702

 

 

431,309

 

 

26

 

 

541,497

 

 

(5,090

)

 

(3,868,858

)

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

979,662

 

 

5,369

 

 

4,412,906

 

 

6,573

 

 

10,577,503

 

 

19,136

 

 

10,863,483

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

1,067,840

 

 

6,915

 

 

4,498,743

 

 

6,445

 

 

11,597,228

 

 

18,508

 

 

5,693,420

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

1,320,268

 

 

32,600

 

 

5,355,836

 

 

66,180

 

 

5,821,745

 

 

211,810

 

 

4,337,716

 

 

Surrenders and terminations

 

(282,696

)

 

 

 

(679,706

)

 

(339

)

 

(3,852,094

)

 

 

 

(5,947,928

)

 

Transfers between Investment Divisions

 

2,818,783

 

 

(17,087

)

 

5,541,191

 

 

 

 

(7,303,406

)

 

12,107

 

 

3,676,540

 

 

Contract owner charges

 

(51,782

)

 

(275

)

 

(240,699

)

 

(86

)

 

(919,927

)

 

(1,676

)

 

(1,040,679

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

3,804,573

 

 

15,238

 

 

9,976,622

 

 

65,755

 

 

(6,253,682

)

 

222,241

 

 

1,025,649

 

 

                        

Net change in net assets

 

4,872,413

 

 

22,153

 

 

14,475,365

 

 

72,200

 

 

5,343,546

 

 

240,749

 

 

6,719,069

 

 

                        

Net assets beginning of year

 

2,804,267

 

 

22,970

 

 

16,028,588

 

 

 

 

74,542,102

 

 

15,583

 

 

81,253,109

 

 

                        

Net assets end of year

$

7,676,680

 

$

45,123

 

$

30,503,953

 

$

72,200

 

$

79,885,648

 

$

256,332

 

$

87,972,178

 

 

                        

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

295,362

 

 

2,382

 

 

800,411

 

 

 

 

7,811,514

 

 

1,456

 

 

3,168,904

 

 

Units issued

 

523,906

 

 

4,908

 

 

730,474

 

 

2,203

 

 

1,277,064

 

 

33,129

 

 

698,957

 

 

Units redeemed

 

(167,249

)

 

(2,161

)

 

(291,630

)

 

(13

)

 

(1,879,571

)

 

(13,884

)

 

(665,727

)

 

Units outstanding at end of year

 

652,019

 

 

5,129

 

 

1,239,255

 

 

2,190

 

 

7,209,007

 

 

20,701

 

 

3,202,134

 

 

See Notes to the Financial Statements.

112


N-VPFS113th “Page” of 183TOC1stPreviousNextBottomJust 113th
                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Mellon Energy Sector Fund - Class I

 

JNL/Mellon Equity Income Fund - Class A

 

JNL/Mellon Equity Income Fund - Class I

 

JNL/Mellon Financial Sector Fund - Class A

 

JNL/Mellon Financial Sector Fund - Class I

 

JNL/Mellon Healthcare Sector Fund - Class A

 

JNL/Mellon Healthcare Sector Fund - Class I

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(109

)

$

(231,887

)

$

(133

)

$

(1,565,917

)

$

(213

)

$

(3,777,488

)

$

(999

)

 

Net realized gain (loss) on investments

 

(1,842

)

 

853,331

 

 

(1

)

 

2,813,975

 

 

(63

)

 

6,851,266

 

 

3,909

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

2,155

 

 

3,889,105

 

 

6,833

 

 

26,212,661

 

 

12,519

 

 

44,706,117

 

 

41,105

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

204

 

 

4,510,549

 

 

6,699

 

 

27,460,719

 

 

12,243

 

 

47,779,895

 

 

44,015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

14,940

 

 

1,858,603

 

 

4,126

 

 

4,778,424

 

 

28,668

 

 

17,714,605

 

 

186,478

 

 

Surrenders and terminations

 

 

 

(2,024,256

)

 

 

 

(7,270,529

)

 

(1,482

)

 

(17,407,232

)

 

(770

)

 

Transfers between Investment Divisions

 

(7,125

)

 

2,705,640

 

 

31,264

 

 

(6,613,198

)

 

(3,835

)

 

(4,660,316

)

 

176,712

 

 

Contract owner charges

 

(228

)

 

(61,935

)

 

 

 

(1,200,081

)

 

(598

)

 

(2,861,414

)

 

(1,769

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

7,587

 

 

2,478,052

 

 

35,390

 

 

(10,305,384

)

 

22,753

 

 

(7,214,357

)

 

360,651

 

 

                        

Net change in net assets

 

7,791

 

 

6,988,601

 

 

42,089

 

 

17,155,335

 

 

34,996

 

 

40,565,538

 

 

404,666

 

 

                        

Net assets beginning of year

 

7,749

 

 

14,742,205

 

 

9,838

 

 

98,216,708

 

 

29,210

 

 

247,359,500

 

 

33,120

 

 

                        

Net assets end of year

$

15,540

 

$

21,730,806

 

$

51,927

 

$

115,372,043

 

$

64,206

 

$

287,925,038

 

$

437,786

 

 

                        

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

219

 

 

792,519

 

 

635

 

 

6,873,149

 

 

1,486

 

 

7,749,524

 

 

756

 

 

Units issued

 

1,070

 

 

538,704

 

 

1,975

 

 

1,150,372

 

 

1,662

 

 

1,306,025

 

 

11,351

 

 

Units redeemed

 

(885

)

 

(409,693

)

 

 

 

(1,765,039

)

 

(602

)

 

(1,535,718

)

 

(3,506

)

 

Units outstanding at end of year

 

404

 

 

921,530

 

 

2,610

 

 

6,258,482

 

 

2,546

 

 

7,519,831

 

 

8,601

 

 

See Notes to the Financial Statements.

113


N-VPFS114th “Page” of 183TOC1stPreviousNextBottomJust 114th
                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Mellon Index 5 Fund - Class A

 

JNL/Mellon Index 5 Fund - Class I

 

JNL/Mellon Industrials Sector Fund - Class A

 

JNL/Mellon Industrials Sector Fund - Class I

 

JNL/Mellon Information Technology Sector Fund - Class A

 

JNL/Mellon Information Technology Sector Fund - Class I

 

JNL/Mellon International Index Fund - Class A

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(1,508,391

)

$

 

$

(47,099

)

$

(139

)

$

(3,783,087

)

$

(1,101

)

$

1,292,987

 

 

Net realized gain (loss) on investments

 

4,300,768

 

 

 

 

90,443

 

 

322

 

 

19,763,553

 

 

15,070

 

 

1,485,253

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

13,352,426

 

 

 

 

679,232

 

 

4,845

 

 

77,022,477

 

 

51,466

 

 

15,276,526

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

16,144,803

 

 

 

 

722,576

 

 

5,028

 

 

93,002,943

 

 

65,435

 

 

18,054,766

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

1,736,624

 

 

 

 

475,709

 

 

1,140

 

 

21,721,396

 

 

171,800

 

 

5,317,929

 

 

Surrenders and terminations

 

(8,370,731

)

 

 

 

(97,192

)

 

 

 

(14,741,798

)

 

(9,039

)

 

(6,750,200

)

 

Transfers between Investment Divisions

 

31,051,108

 

 

 

 

(276,274

)

 

29,163

 

 

(2,523,534

)

 

94,138

 

 

(1,588,619

)

 

Contract owner charges

 

(1,076,886

)

 

 

 

(32,137

)

 

(279

)

 

(2,791,638

)

 

(1,886

)

 

(1,115,679

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

23,340,115

 

 

 

 

70,106

 

 

30,024

 

 

1,664,426

 

 

255,013

 

 

(4,136,569

)

 

                        

Net change in net assets

 

39,484,918

 

 

 

 

792,682

 

 

35,052

 

 

94,667,369

 

 

320,448

 

 

13,918,197

 

 

                        

Net assets beginning of year

 

75,264,242

 

 

 

 

2,346,248

 

 

8,243

 

 

202,283,612

 

 

33,715

 

 

94,116,785

 

 

                        

Net assets end of year

$

114,749,160

 

$

 

$

3,138,930

 

$

43,295

 

$

296,950,981

 

$

354,163

 

$

108,034,982

 

 

                        

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

5,192,217

 

 

 

 

261,528

 

 

904

 

 

12,137,567

 

 

1,458

 

 

5,408,184

 

 

Units issued

 

2,821,537

 

 

 

 

242,946

 

 

3,198

 

 

3,338,825

 

 

15,305

 

 

718,691

 

 

Units redeemed

 

(1,390,081

)

 

 

 

(231,442

)

 

(445

)

 

(3,299,697

)

 

(6,165

)

 

(940,301

)

 

Units outstanding at end of year

 

6,623,673

 

 

 

 

273,032

 

 

3,657

 

 

12,176,695

 

 

10,598

 

 

5,186,574

 

 

See Notes to the Financial Statements.

114


N-VPFS115th “Page” of 183TOC1stPreviousNextBottomJust 115th
                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Mellon International Index Fund - Class I

 

JNL/Mellon Materials Sector Fund - Class A

 

JNL/Mellon Materials Sector Fund - Class I

 

JNL/Mellon MSCI KLD 400 Social Index Fund - Class A

 

JNL/Mellon MSCI KLD 400 Social Index Fund - Class I

 

JNL/Mellon MSCI World Index Fund - Class A

 

JNL/Mellon MSCI World Index Fund - Class I

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

8,975

 

$

(24,515

)

$

(5

)

$

(51,881

)

$

(61

)

$

51,068

 

$

 

 

Net realized gain (loss) on investments

 

8,767

 

 

4,918

 

 

1

 

 

26,100

 

 

(422

)

 

8,577

 

 

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

42,908

 

 

316,645

 

 

191

 

 

869,362

 

 

4,260

 

 

1,293,315

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

60,650

 

 

297,048

 

 

187

 

 

843,581

 

 

3,777

 

 

1,352,960

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

150,808

 

 

558,641

 

 

 

 

1,014,517

 

 

37,500

 

 

1,803,392

 

 

 

 

Surrenders and terminations

 

 

 

(45,624

)

 

 

 

(40,391

)

 

 

 

(255,849

)

 

 

 

Transfers between Investment Divisions

 

4,071

 

 

345,275

 

 

7,418

 

 

3,399,499

 

 

433

 

 

1,570,873

 

 

 

 

Contract owner charges

 

(4,540

)

 

(19,157

)

 

 

 

(43,384

)

 

(124

)

 

(58,729

)

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

150,339

 

 

839,135

 

 

7,418

 

 

4,330,241

 

 

37,809

 

 

3,059,687

 

 

 

 

                        

Net change in net assets

 

210,989

 

 

1,136,183

 

 

7,605

 

 

5,173,822

 

 

41,586

 

 

4,412,647

 

 

 

 

                        

Net assets beginning of year

 

179,164

 

 

1,073,003

 

 

 

 

1,118,492

 

 

 

 

3,811,021

 

 

 

 

                        

Net assets end of year

$

390,153

 

$

2,209,186

 

$

7,605

 

$

6,292,314

 

$

41,586

 

$

8,223,668

 

$

 

 

                        

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

7,818

 

 

125,823

 

 

 

 

105,955

 

 

 

 

189,531

 

 

 

 

Units issued

 

16,217

 

 

125,222

 

 

715

 

 

378,296

 

 

5,985

 

 

187,965

 

 

 

 

Units redeemed

 

(9,383

)

 

(37,449

)

 

 

 

(22,324

)

 

(3,030

)

 

(54,249

)

 

 

 

Units outstanding at end of year

 

14,652

 

 

213,596

 

 

715

 

 

461,927

 

 

2,955

 

 

323,247

 

 

 

 

See Notes to the Financial Statements.

115


N-VPFS116th “Page” of 183TOC1stPreviousNextBottomJust 116th
                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Mellon Nasdaq® 100 Index Fund - Class A

 

JNL/Mellon Nasdaq® 100 Index Fund - Class I

 

JNL/Mellon Real Estate Sector Fund - Class A

 

JNL/Mellon Real Estate Sector Fund - Class I

 

JNL/Mellon S&P 400 MidCap Index Fund - Class A

 

JNL/Mellon S&P 400 MidCap Index Fund - Class I

 

JNL/Mellon S&P 500 Index Fund - Class A

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(2,397,701

)

$

(1,095

)

$

(90,088

)

$

(406

)

$

(2,926,062

)

$

(2,021

)

$

348,415

 

 

Net realized gain (loss) on investments

 

7,785,700

 

 

32

 

 

163,004

 

 

3,807

 

 

2,205,186

 

 

16,142

 

 

47,615,826

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

46,428,193

 

 

74,173

 

 

928,321

 

 

16,205

 

 

42,764,962

 

 

67,928

 

 

115,514,044

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

51,816,192

 

 

73,110

 

 

1,001,237

 

 

19,606

 

 

42,044,086

 

 

82,049

 

 

163,478,285

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

20,552,908

 

 

182,066

 

 

2,323,625

 

 

9,750

 

 

14,423,840

 

 

388,631

 

 

75,317,176

 

 

Surrenders and terminations

 

(8,794,582

)

 

(100

)

 

(421,961

)

 

 

 

(13,578,892

)

 

 

 

(43,753,466

)

 

Transfers between Investment Divisions

 

5,251,191

 

 

(8,768

)

 

6,975,994

 

 

(5,390

)

 

882,383

 

 

(2,725

)

 

(5,610,957

)

 

Contract owner charges

 

(1,815,556

)

 

(2,640

)

 

(61,587

)

 

(1,109

)

 

(2,085,848

)

 

(5,207

)

 

(6,877,865

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

15,193,961

 

 

170,558

 

 

8,816,071

 

 

3,251

 

 

(358,517

)

 

380,699

 

 

19,074,888

 

 

                        

Net change in net assets

 

67,010,153

 

 

243,668

 

 

9,817,308

 

 

22,857

 

 

41,685,569

 

 

462,748

 

 

182,553,173

 

 

                        

Net assets beginning of year

 

139,168,639

 

 

112,557

 

 

2,054,228

 

 

66,951

 

 

176,643,893

 

 

126,992

 

 

555,333,949

 

 

                        

Net assets end of year

$

206,178,792

 

$

356,225

 

$

11,871,536

 

$

89,808

 

$

218,329,462

 

$

589,740

 

$

737,887,122

 

 

                        

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

4,704,516

 

 

3,899

 

 

215,732

 

 

6,949

 

 

5,907,284

 

 

3,234

 

 

25,358,043

 

 

Units issued

 

1,770,410

 

 

5,538

 

 

948,250

 

 

3,585

 

 

934,654

 

 

18,838

 

 

5,533,946

 

 

Units redeemed

 

(1,384,084

)

 

(724

)

 

(175,306

)

 

(2,542

)

 

(953,763

)

 

(9,083

)

 

(4,816,338

)

 

Units outstanding at end of year

 

5,090,842

 

 

8,713

 

 

988,676

 

 

7,992

 

 

5,888,175

 

 

12,989

 

 

26,075,651

 

 

See Notes to the Financial Statements.

116


N-VPFS117th “Page” of 183TOC1stPreviousNextBottomJust 117th
                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Mellon Small Cap Index Fund - Class A

 

JNL/Mellon Small Cap Index Fund - Class I

 

JNL/Mellon Utilities Sector Fund - Class A

 

JNL/Mellon Utilities Sector Fund - Class I

 

JNL/MFS Mid Cap Value Fund - Class A

 

JNL/MFS Mid Cap Value Fund - Class I

 

JNL/Morningstar Wide Moat Index Fund - Class A

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(2,309,985

)

$

(2,435

)

$

(77,207

)

$

377

 

$

(1,473,426

)

$

(253

)

$

(23,995

)

 

Net realized gain (loss) on investments

 

792,068

 

 

(3,059

)

 

1,227,867

 

 

1,239

 

 

538,810

 

 

20

 

 

(2,583

)

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

30,790,926

 

 

89,002

 

 

1,581,716

 

 

6,586

 

 

25,467,099

 

 

12,708

 

 

945,345

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

29,273,009

 

 

83,508

 

 

2,732,376

 

 

8,202

 

 

24,532,483

 

 

12,475

 

 

918,767

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

11,461,461

 

 

265,695

 

 

2,812,787

 

 

84,945

 

 

2,833,604

 

 

59,671

 

 

1,992,588

 

 

Surrenders and terminations

 

(9,982,923

)

 

 

 

(1,160,596

)

 

 

 

(7,593,089

)

 

 

 

(65,684

)

 

Transfers between Investment Divisions

 

2,818,005

 

 

(34,837

)

 

3,858,960

 

 

(25,298

)

 

(5,099,482

)

 

(57

)

 

908,543

 

 

Contract owner charges

 

(1,663,973

)

 

(4,938

)

 

(114,454

)

 

(48

)

 

(1,168,811

)

 

(534

)

 

(34,836

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

2,632,570

 

 

225,920

 

 

5,396,697

 

 

59,599

 

 

(11,027,778

)

 

59,080

 

 

2,800,611

 

 

                        

Net change in net assets

 

31,905,579

 

 

309,428

 

 

8,129,073

 

 

67,801

 

 

13,504,705

 

 

71,555

 

 

3,719,378

 

 

                        

Net assets beginning of year

 

141,487,158

 

 

283,691

 

 

9,572,727

 

 

22,486

 

 

89,189,055

 

 

20,295

 

 

2,762,476

 

 

                        

Net assets end of year

$

173,392,737

 

$

593,119

 

$

17,701,800

 

$

90,287

 

$

102,693,760

 

$

91,850

 

$

6,481,854

 

 

                        

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

5,282,399

 

 

8,586

 

 

663,335

 

 

1,647

 

 

4,490,868

 

 

819

 

 

299,286

 

 

Units issued

 

1,123,281

 

 

12,237

 

 

993,799

 

 

5,571

 

 

395,982

 

 

2,099

 

 

414,630

 

 

Units redeemed

 

(1,042,011

)

 

(6,329

)

 

(652,002

)

 

(1,892

)

 

(875,971

)

 

(27

)

 

(185,433

)

 

Units outstanding at end of year

 

5,363,669

 

 

14,494

 

 

1,005,132

 

 

5,326

 

 

4,010,879

 

 

2,891

 

 

528,483

 

 

See Notes to the Financial Statements.

117


N-VPFS118th “Page” of 183TOC1stPreviousNextBottomJust 118th
                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Morningstar Wide Moat Index Fund - Class I

 

JNL/Neuberger Berman Commodity Strategy Fund - Class A

 

JNL/Neuberger Berman Strategic Income Fund - Class A

 

JNL/Neuberger Berman Strategic Income Fund - Class I

 

JNL/PIMCO Income Fund - Class A

 

JNL/PIMCO Income Fund - Class I

 

JNL/PIMCO Investment Grade Credit Bond Fund - Class A

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

32

 

$

8,741

 

$

549,223

 

$

3,107

 

$

548,501

 

$

6,449

 

$

410,742

 

 

Net realized gain (loss) on investments

 

8

 

 

(22,632

)

 

172,096

 

 

59

 

 

296,913

 

 

49

 

 

535,474

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

3,523

 

 

99,641

 

 

2,535,950

 

 

4,314

 

 

794,837

 

 

2,863

 

 

1,925,383

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

3,563

 

 

85,750

 

 

3,257,269

 

 

7,480

 

 

1,640,251

 

 

9,361

 

 

2,871,599

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

 

 

147,249

 

 

3,474,480

 

 

116,538

 

 

7,557,335

 

 

180,889

 

 

4,171,410

 

 

Surrenders and terminations

 

 

 

(56,510

)

 

(3,243,385

)

 

(49

)

 

(2,467,800

)

 

 

 

(2,784,575

)

 

Transfers between Investment Divisions

 

 

 

89,235

 

 

2,265,093

 

 

461

 

 

6,841,905

 

 

14,166

 

 

12,883,437

 

 

Contract owner charges

 

 

 

(1,033

)

 

(473,810

)

 

(963

)

 

(258,895

)

 

(1,332

)

 

(203,787

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

 

 

178,941

 

 

2,022,378

 

 

115,987

 

 

11,672,545

 

 

193,723

 

 

14,066,485

 

 

                        

Net change in net assets

 

3,563

 

 

264,691

 

 

5,279,647

 

 

123,467

 

 

13,312,796

 

 

203,084

 

 

16,938,084

 

 

                        

Net assets beginning of year

 

10,343

 

 

665,717

 

 

40,557,176

 

 

4,990

 

 

22,186,364

 

 

65,055

 

 

18,889,062

 

 

                        

Net assets end of year

$

13,906

 

$

930,408

 

$

45,836,823

 

$

128,457

 

$

35,499,160

 

$

268,139

 

$

35,827,146

 

 

                        

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

1,115

 

 

113,023

 

 

3,714,989

 

 

411

 

 

2,245,310

 

 

6,493

 

 

1,678,033

 

 

Units issued

 

22

 

 

71,313

 

 

887,171

 

 

9,494

 

 

2,058,877

 

 

18,495

 

 

2,182,480

 

 

Units redeemed

 

(22

)

 

(42,036

)

 

(723,637

)

 

(85

)

 

(926,055

)

 

(125

)

 

(1,051,301

)

 

Units outstanding at end of year

 

1,115

 

 

142,300

 

 

3,878,523

 

 

9,820

 

 

3,378,132

 

 

24,863

 

 

2,809,212

 

 

See Notes to the Financial Statements.

118


N-VPFS119th “Page” of 183TOC1stPreviousNextBottomJust 119th
                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/PIMCO Investment Grade Credit Bond Fund - Class I

 

JNL/PIMCO Real Return Fund - Class A

 

JNL/PIMCO Real Return Fund - Class I

 

JNL/PPM America Floating Rate Income Fund - Class A

 

JNL/PPM America Floating Rate Income Fund - Class I

 

JNL/PPM America High Yield Bond Fund - Class A

 

JNL/PPM America High Yield Bond Fund - Class I

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

2,269

 

$

(1,064,671

)

$

(120

)

$

(1,362,077

)

$

(551

)

$

(1,562,961

)

$

(453

)

 

Net realized gain (loss) on investments

 

2

 

 

(1,007,512

)

 

8

 

 

(86,333

)

 

847

 

 

(487,206

)

 

48

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

212

 

 

7,011,853

 

 

1,231

 

 

7,887,197

 

 

6,414

 

 

15,263,582

 

 

9,895

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

2,483

 

 

4,939,670

 

 

1,119

 

 

6,438,787

 

 

6,710

 

 

13,213,415

 

 

9,490

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

98,408

 

 

4,048,603

 

 

29,496

 

 

7,291,054

 

 

72,607

 

 

6,677,409

 

 

149,302

 

 

Surrenders and terminations

 

 

 

(7,954,841

)

 

 

 

(9,831,883

)

 

(1,112

)

 

(9,987,970

)

 

 

 

Transfers between Investment Divisions

 

 

 

(1,555,458

)

 

(22

)

 

(9,287,522

)

 

5,652

 

 

3,379,789

 

 

 

 

Contract owner charges

 

(260

)

 

(810,535

)

 

(265

)

 

(887,831

)

 

(931

)

 

(1,038,829

)

 

(785

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

98,148

 

 

(6,272,231

)

 

29,209

 

 

(12,716,182

)

 

76,216

 

 

(969,601

)

 

148,517

 

 

                        

Net change in net assets

 

100,631

 

 

(1,332,561

)

 

30,328

 

 

(6,277,395

)

 

82,926

 

 

12,243,814

 

 

158,007

 

 

                        

Net assets beginning of year

 

 

 

74,157,786

 

 

6,316

 

 

99,823,750

 

 

56,855

 

 

101,945,731

 

 

 

 

                        

Net assets end of year

$

100,631

 

$

72,825,225

 

$

36,644

 

$

93,546,355

 

$

139,781

 

$

114,189,545

 

$

158,007

 

 

                        

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

 

 

5,601,164

 

 

393

 

 

8,937,754

 

 

5,465

 

 

4,977,852

 

 

 

 

Units issued

 

7,456

 

 

861,482

 

 

1,830

 

 

1,619,337

 

 

13,644

 

 

1,002,587

 

 

5,018

 

 

Units redeemed

 

(19

)

 

(1,334,322

)

 

(16

)

 

(2,721,679

)

 

(6,481

)

 

(1,056,289

)

 

(25

)

 

Units outstanding at end of year

 

7,437

 

 

5,128,324

 

 

2,207

 

 

7,835,412

 

 

12,628

 

 

4,924,150

 

 

4,993

 

 

See Notes to the Financial Statements.

119


N-VPFS120th “Page” of 183TOC1stPreviousNextBottomJust 120th
                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/PPM America Small Cap Value Fund - Class A

 

JNL/PPM America Small Cap Value Fund - Class I

 

JNL/PPM America Total Return Fund - Class A

 

JNL/PPM America Total Return Fund - Class I

 

JNL/RAFI Fundamental Asia Developed Fund - Class A

 

JNL/RAFI Fundamental Asia Developed Fund - Class I

 

JNL/RAFI Fundamental Europe Fund - Class A

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(618,262

)

$

(93

)

$

(467,287

)

$

(221

)

$

539,261

 

$

1,119

 

$

1,147,349

 

 

Net realized gain (loss) on investments

 

(682,654

)

 

(99

)

 

331,387

 

 

416

 

 

2,685,616

 

 

3,854

 

 

(541,700

)

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

8,869,422

 

 

4,114

 

 

2,850,589

 

 

3,313

 

 

(644,415

)

 

(2,440

)

 

3,050,901

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

7,568,506

 

 

3,922

 

 

2,714,689

 

 

3,508

 

 

2,580,462

 

 

2,533

 

 

3,656,550

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

27

 

 

 

 

5,270,359

 

 

59,501

 

 

625,533

 

 

25,000

 

 

446,289

 

 

Surrenders and terminations

 

(1,864,272

)

 

 

 

(1,977,529

)

 

 

 

(1,767,605

)

 

 

 

(1,993,173

)

 

Transfers between Investment Divisions

 

(2,987,784

)

 

2,066

 

 

3,093,291

 

 

(3,721

)

 

1,759,297

 

 

19

 

 

(2,102,597

)

 

Contract owner charges

 

(530,211

)

 

(296

)

 

(283,723

)

 

(264

)

 

(212,913

)

 

(85

)

 

(358,801

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(5,382,240

)

 

1,770

 

 

6,102,398

 

 

55,516

 

 

404,312

 

 

24,934

 

 

(4,008,282

)

 

                        

Net change in net assets

 

2,186,266

 

 

5,692

 

 

8,817,087

 

 

59,024

 

 

2,984,774

 

 

27,467

 

 

(351,732

)

 

                        

Net assets beginning of year

 

38,538,214

 

 

17,371

 

 

28,494,185

 

 

17,523

 

 

17,736,122

 

 

 

 

30,089,973

 

 

                        

Net assets end of year

$

40,724,480

 

$

23,063

 

$

37,311,272

 

$

76,547

 

$

20,720,896

 

$

27,467

 

$

29,738,241

 

 

                        

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

2,223,728

 

 

823

 

 

1,745,857

 

 

1,488

 

 

971,596

 

 

 

 

2,176,289

 

 

Units issued

 

160,469

 

 

85

 

 

795,000

 

 

5,370

 

 

288,201

 

 

2,364

 

 

212,392

 

 

Units redeemed

 

(428,657

)

 

(12

)

 

(444,428

)

 

(941

)

 

(263,140

)

 

(1,206

)

 

(481,536

)

 

Units outstanding at end of year

 

1,955,540

 

 

896

 

 

2,096,429

 

 

5,917

 

 

996,657

 

 

1,158

 

 

1,907,145

 

 

See Notes to the Financial Statements.

120


N-VPFS121st “Page” of 183TOC1stPreviousNextBottomJust 121st
                     

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/RAFI Fundamental Europe Fund - Class I

 

JNL/RAFI Fundamental U.S. Small Cap Fund - Class A(a)

 

JNL/RAFI Fundamental U.S. Small Cap Fund - Class I(a)

 

JNL/RAFI Multi-Factor U.S. Equity Fund - Class A(b)

 

JNL/RAFI Multi-Factor U.S. Equity Fund - Class I(b)

 

JNL/T. Rowe Price Balanced Fund - Class A

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

1,338

 

$

33,596

 

$

392

 

$

2,140,001

 

$

(133

)

$

(264,494

)

 

Net realized gain (loss) on investments

 

(1

)

 

(7,959,295

)

 

996

 

 

27,048,223

 

 

80

 

 

420,532

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

379

 

 

11,080,475

 

 

2,178

 

 

4,668,029

 

 

6,143

 

 

4,811,602

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

1,716

 

 

3,154,776

 

 

3,566

 

 

33,856,253

 

 

6,090

 

 

4,967,640

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

23,750

 

 

1,186,798

 

 

56,030

 

 

2,218,070

 

 

66,524

 

 

475,176

 

 

Surrenders and terminations

 

 

 

(2,464,244

)

 

 

 

(19,035,973

)

 

 

 

(3,882,174

)

 

Transfers between Investment Divisions

 

 

 

(11,803,914

)

 

(1,858

)

 

(8,637,419

)

 

313

 

 

1,009,756

 

 

Contract owner charges

 

 

 

(370,529

)

 

(469

)

 

(1,818,602

)

 

(82

)

 

(7,097

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

23,750

 

 

(13,451,889

)

 

53,703

 

 

(27,273,924

)

 

66,755

 

 

(2,404,339

)

 

                     

Net change in net assets

 

25,466

 

 

(10,297,113

)

 

57,269

 

 

6,582,329

 

 

72,845

 

 

2,563,301

 

 

                     

Net assets beginning of year

 

 

 

34,637,367

 

 

4,990

 

 

200,683,143

 

 

 

 

23,667,855

 

 

                     

Net assets end of year

$

25,466

 

$

24,340,254

 

$

62,259

 

$

207,265,472

 

$

72,845

 

$

26,231,156

 

 

                     

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

 

 

2,347,582

 

 

282

 

 

10,555,702

 

 

 

 

2,247,619

 

 

Units issued

 

1,427

 

 

465,205

 

 

3,739

 

 

521,169

 

 

3,471

 

 

367,842

 

 

Units redeemed

 

 

 

(1,336,330

)

 

(923

)

 

(1,820,572

)

 

(957

)

 

(572,285

)

 

Units outstanding at end of year

 

1,427

 

 

1,476,457

 

 

3,098

 

 

9,256,299

 

 

2,514

 

 

2,043,176

 

 

  

(a)

JNL/RAFI Fundamental U.S. Small Cap Fund commenced operations on June 24, 2019. On June 24, 2019, JNL/RAFI Fundamental U.S. Small Cap Fund acquired JNL/Mellon

Capital S&P SMid 60 Fund, a separate series of JNL Variable Fund LLC. JNL/Mellon Capital S&P SMid 60 Fund is considered the accounting survivor for financial reporting purposes,

and as a result, the Statements of Changes in Net Assets includes the activity for the period January 1, 2019 through June 23, 2019.

(b)

JNL/RAFI Multi-Factor U.S. Equity Fund commenced operations on June 24, 2019. On June 24, 2019, JNL/RAFI Multi-Factor U.S. Equity Fund acquired JNL/Mellon Capital JNL 5

Fund, a separate series of JNL Variable Fund LLC. JNL/Mellon Capital JNL 5 Fund is considered the accounting survivor for financial reporting purposes, and as a result, the

Statements of Changes in Net Assets includes the activity for the period January 1, 2019 through June 23, 2019.

See Notes to the Financial Statements.

121


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JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/T. Rowe Price Capital Appreciation Fund - Class A

 

JNL/T. Rowe Price Capital Appreciation Fund - Class I

 

JNL/T. Rowe Price Established Growth Fund - Class A

 

JNL/T. Rowe Price Established Growth Fund - Class I

 

JNL/T. Rowe Price Mid-Cap Growth Fund - Class A

 

JNL/T. Rowe Price Mid-Cap Growth Fund - Class I

 

JNL/T. Rowe Price Short-Term Bond Fund - Class A

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(3,145,802

)

$

(4,571

)

$

(7,801,808

)

$

(4,185

)

$

(5,484,932

)

$

(3,294

)

$

(1,029,452

)

 

Net realized gain (loss) on investments

 

4,335,570

 

 

6,107

 

 

17,495,890

 

 

(1,269

)

 

11,399,212

 

 

4,539

 

 

398,890

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

44,738,089

 

 

163,327

 

 

124,949,058

 

 

217,072

 

 

84,241,315

 

 

140,286

 

 

2,657,451

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

45,927,857

 

 

164,863

 

 

134,643,140

 

 

211,618

 

 

90,155,595

 

 

141,531

 

 

2,026,889

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

68,292,346

 

 

607,823

 

 

48,383,105

 

 

360,751

 

 

31,200,559

 

 

456,045

 

 

5,564,125

 

 

Surrenders and terminations

 

(14,334,413

)

 

(33,286

)

 

(31,807,744

)

 

(265

)

 

(23,625,647

)

 

(164

)

 

(8,138,237

)

 

Transfers between Investment Divisions

 

66,517,537

 

 

569,320

 

 

(13,012,980

)

 

84,731

 

 

7,189,312

 

 

41,578

 

 

(10,249,098

)

 

Contract owner charges

 

(1,823,460

)

 

(5,076

)

 

(5,809,702

)

 

(10,861

)

 

(4,421,924

)

 

(6,808

)

 

(709,870

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

118,652,010

 

 

1,138,781

 

 

(2,247,321

)

 

434,356

 

 

10,342,300

 

 

490,651

 

 

(13,533,080

)

 

                        

Net change in net assets

 

164,579,867

 

 

1,303,644

 

 

132,395,819

 

 

645,974

 

 

100,497,895

 

 

632,182

 

 

(11,506,191

)

 

                        

Net assets beginning of year

 

163,494,244

 

 

299,017

 

 

460,807,581

 

 

465,199

 

 

301,096,159

 

 

220,749

 

 

82,471,257

 

 

                        

Net assets end of year

$

328,074,111

 

$

1,602,661

 

$

593,203,400

 

$

1,111,173

 

$

401,594,054

 

$

852,931

 

$

70,965,066

 

 

                        

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

11,418,125

 

 

20,860

 

 

6,664,060

 

 

4,621

 

 

2,996,023

 

 

1,523

 

 

8,063,715

 

 

Units issued

 

9,794,271

 

 

87,758

 

 

1,398,425

 

 

6,676

 

 

573,072

 

 

4,385

 

 

2,365,139

 

 

Units redeemed

 

(2,473,856

)

 

(19,500

)

 

(1,450,052

)

 

(2,381

)

 

(492,846

)

 

(1,307

)

 

(3,709,122

)

 

Units outstanding at end of year

 

18,738,540

 

 

89,118

 

 

6,612,433

 

 

8,916

 

 

3,076,249

 

 

4,601

 

 

6,719,732

 

 

See Notes to the Financial Statements.

122


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JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/T. Rowe Price Short-Term Bond Fund - Class I

 

JNL/T. Rowe Price U.S. High Yield Fund - Class A

 

JNL/T. Rowe Price U.S. High Yield Fund - Class I

 

JNL/T. Rowe Price Value Fund - Class A

 

JNL/T. Rowe Price Value Fund - Class I

 

JNL/Vanguard Capital Growth Fund - Class A

 

JNL/Vanguard Capital Growth Fund - Class I

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(726

)

$

(96,166

)

$

(98

)

$

(2,524,928

)

$

(1,778

)

$

(451,932

)

$

(577

)

 

Net realized gain (loss) on investments

 

(27

)

 

10,510

 

 

(112

)

 

770,463

 

 

(82

)

 

577,498

 

 

46

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

6,050

 

 

651,219

 

 

2,236

 

 

36,904,522

 

 

74,326

 

 

6,830,108

 

 

21,595

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

5,297

 

 

565,563

 

 

2,026

 

 

35,150,057

 

 

72,466

 

 

6,955,674

 

 

21,064

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

892,092

 

 

1,133,362

 

 

 

 

11,382,866

 

 

119,999

 

 

6,643,054

 

 

96,210

 

 

Surrenders and terminations

 

 

 

(677,118

)

 

 

 

(10,850,703

)

 

 

 

(1,524,672

)

 

 

 

Transfers between Investment Divisions

 

(12,111

)

 

2,823,541

 

 

158

 

 

6,920,806

 

 

62,815

 

 

(3,282,777

)

 

(33

)

 

Contract owner charges

 

(993

)

 

(48,552

)

 

(298

)

 

(1,677,982

)

 

(3,548

)

 

(323,100

)

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

878,988

 

 

3,231,233

 

 

(140

)

 

5,774,987

 

 

179,266

 

 

1,512,505

 

 

96,177

 

 

                        

Net change in net assets

 

884,285

 

 

3,796,796

 

 

1,886

 

 

40,925,044

 

 

251,732

 

 

8,468,179

 

 

117,241

 

 

                        

Net assets beginning of year

 

61,639

 

 

5,333,901

 

 

21,107

 

 

143,682,351

 

 

181,292

 

 

27,874,305

 

 

24,385

 

 

                        

Net assets end of year

$

945,924

 

$

9,130,697

 

$

22,993

 

$

184,607,395

 

$

433,024

 

$

36,342,484

 

$

141,626

 

 

                        

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

4,929

 

 

511,106

 

 

2,001

 

 

5,263,311

 

 

5,008

 

 

2,661,210

 

 

2,295

 

 

Units issued

 

69,137

 

 

446,542

 

 

112

 

 

1,082,442

 

 

4,470

 

 

1,052,349

 

 

8,346

 

 

Units redeemed

 

(1,128

)

 

(156,142

)

 

(132

)

 

(918,795

)

 

(138

)

 

(908,431

)

 

(3

)

 

Units outstanding at end of year

 

72,938

 

 

801,506

 

 

1,981

 

 

5,426,958

 

 

9,340

 

 

2,805,128

 

 

10,638

 

 

See Notes to the Financial Statements.

123


N-VPFS124th “Page” of 183TOC1stPreviousNextBottomJust 124th
                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Vanguard Equity Income Fund - Class A

 

JNL/Vanguard Equity Income Fund - Class I

 

JNL/Vanguard Global Bond Market Index Fund - Class A

 

JNL/Vanguard Global Bond Market Index Fund - Class I

 

JNL/Vanguard Growth ETF Allocation Fund - Class A

 

JNL/Vanguard Growth ETF Allocation Fund - Class I

 

JNL/Vanguard International Fund - Class A

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(336,862

)

$

(3,918

)

$

(111,990

)

$

(297

)

$

(216,119

)

$

(3,788

)

$

(562,543

)

 

Net realized gain (loss) on investments

 

324,192

 

 

1,285

 

 

215,370

 

 

5,131

 

 

54,715

 

 

2,058

 

 

(209,753

)

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

4,669,136

 

 

113,704

 

 

350,543

 

 

(558

)

 

2,994,276

 

 

137,748

 

 

10,728,554

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

4,656,466

 

 

111,071

 

 

453,923

 

 

4,276

 

 

2,832,872

 

 

136,018

 

 

9,956,258

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

5,955,243

 

 

182,356

 

 

1,959,788

 

 

23,750

 

 

7,531,659

 

 

500,000

 

 

7,742,740

 

 

Surrenders and terminations

 

(966,395

)

 

(471

)

 

(517,031

)

 

(86,661

)

 

(340,577

)

 

(29,240

)

 

(1,471,080

)

 

Transfers between Investment Divisions

 

5,738,662

 

 

94,757

 

 

702,569

 

 

 

 

2,881,604

 

 

19,863

 

 

2,379,621

 

 

Contract owner charges

 

(247,481

)

 

(2,014

)

 

(69,329

)

 

 

 

(170,567

)

 

(15,826

)

 

(401,167

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

10,480,029

 

 

274,628

 

 

2,075,997

 

 

(62,911

)

 

9,902,119

 

 

474,797

 

 

8,250,114

 

 

                        

Net change in net assets

 

15,136,495

 

 

385,699

 

 

2,529,920

 

 

(58,635

)

 

12,734,991

 

 

610,815

 

 

18,206,372

 

 

                        

Net assets beginning of year

 

16,564,267

 

 

339,585

 

 

6,881,795

 

 

82,989

 

 

10,092,699

 

 

311,855

 

 

31,841,645

 

 

                        

Net assets end of year

$

31,700,762

 

$

725,284

 

$

9,411,715

 

$

24,354

 

$

22,827,690

 

$

922,670

 

$

50,048,017

 

 

                        

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

1,691,329

 

 

34,233

 

 

692,364

 

 

8,236

 

 

1,062,244

 

 

32,290

 

 

3,559,298

 

 

Units issued

 

1,419,109

 

 

26,153

 

 

534,350

 

 

2,237

 

 

1,065,474

 

 

49,620

 

 

1,698,123

 

 

Units redeemed

 

(454,787

)

 

(1,148

)

 

(335,105

)

 

(8,236

)

 

(151,807

)

 

(4,127

)

 

(905,672

)

 

Units outstanding at end of year

 

2,655,651

 

 

59,238

 

 

891,609

 

 

2,237

 

 

1,975,911

 

 

77,783

 

 

4,351,749

 

 

See Notes to the Financial Statements.

124


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JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Vanguard International Fund - Class I

 

JNL/Vanguard International Stock Market Index Fund - Class A

 

JNL/Vanguard International Stock Market Index Fund - Class I

 

JNL/Vanguard Moderate ETF Allocation Fund - Class A

 

JNL/Vanguard Moderate ETF Allocation Fund - Class I

 

JNL/Vanguard Moderate Growth ETF Allocation Fund - Class A

 

JNL/Vanguard Moderate Growth ETF Allocation Fund - Class I

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(896

)

$

(337,888

)

$

(1,275

)

$

(232,290

)

$

(2,025

)

$

(304,978

)

$

(553

)

 

Net realized gain (loss) on investments

 

3,362

 

 

71,991

 

 

3,009

 

 

145,159

 

 

2,149

 

 

261,314

 

 

67

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

29,509

 

 

4,230,835

 

 

45,089

 

 

2,234,240

 

 

55,511

 

 

3,530,658

 

 

21,459

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

31,975

 

 

3,964,938

 

 

46,823

 

 

2,147,109

 

 

55,635

 

 

3,486,994

 

 

20,973

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

106,358

 

 

5,890,823

 

 

137,241

 

 

8,238,122

 

 

1,039,217

 

 

7,575,268

 

 

389,324

 

 

Surrenders and terminations

 

(304

)

 

(862,604

)

 

 

 

(920,037

)

 

(10,482

)

 

(1,368,706

)

 

 

 

Transfers between Investment Divisions

 

(110,305

)

 

1,361,036

 

 

3,699

 

 

1,299,033

 

 

897

 

 

2,135,966

 

 

 

 

Contract owner charges

 

(893

)

 

(241,706

)

 

(3,985

)

 

(152,828

)

 

(1,292

)

 

(192,608

)

 

(1,278

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(5,144

)

 

6,147,549

 

 

136,955

 

 

8,464,290

 

 

1,028,340

 

 

8,149,920

 

 

388,046

 

 

                        

Net change in net assets

 

26,831

 

 

10,112,487

 

 

183,778

 

 

10,611,399

 

 

1,083,975

 

 

11,636,914

 

 

409,019

 

 

                        

Net assets beginning of year

 

134,235

 

 

17,529,963

 

 

176,348

 

 

12,224,239

 

 

 

 

16,357,573

 

 

 

 

                        

Net assets end of year

$

161,066

 

$

27,642,450

 

$

360,126

 

$

22,835,638

 

$

1,083,975

 

$

27,994,487

 

$

409,019

 

 

                        

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

14,871

 

 

1,993,765

 

 

19,903

 

 

1,274,570

 

 

 

 

1,715,682

 

 

 

 

Units issued

 

12,449

 

 

1,179,188

 

 

23,785

 

 

1,105,765

 

 

114,455

 

 

1,197,536

 

 

35,460

 

 

Units redeemed

 

(13,592

)

 

(536,495

)

 

(10,088

)

 

(295,196

)

 

(18,479

)

 

(419,638

)

 

(114

)

 

Units outstanding at end of year

 

13,728

 

 

2,636,458

 

 

33,600

 

 

2,085,139

 

 

95,976

 

 

2,493,580

 

 

35,346

 

 

See Notes to the Financial Statements.

125


N-VPFS126th “Page” of 183TOC1stPreviousNextBottomJust 126th
                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Vanguard Small Company Growth Fund - Class A

 

JNL/Vanguard Small Company Growth Fund - Class I

 

JNL/Vanguard U.S. Stock Market Index Fund - Class A

 

JNL/Vanguard U.S. Stock Market Index Fund - Class I

 

JNL/WCM Focused International Equity Fund - Class A

 

JNL/WCM Focused International Equity Fund - Class I

 

JNL/Westchester Capital Event Driven Fund - Class A

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(296,621

)

$

(1,168

)

$

(603,326

)

$

(1,182

)

$

(57,857

)

$

297

 

$

(35,578

)

 

Net realized gain (loss) on investments

 

(65,285

)

 

866

 

 

622,370

 

 

13,522

 

 

892,901

 

 

3,226

 

 

64,805

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

4,728,574

 

 

45,558

 

 

9,772,713

 

 

37,308

 

 

1,952,181

 

 

5,120

 

 

248,483

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

4,366,668

 

 

45,256

 

 

9,791,757

 

 

49,648

 

 

2,787,225

 

 

8,643

 

 

277,710

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

3,110,721

 

 

73,466

 

 

11,716,686

 

 

75,175

 

 

2,448,250

 

 

65,386

 

 

755,552

 

 

Surrenders and terminations

 

(834,734

)

 

 

 

(1,914,300

)

 

(339,976

)

 

(419,712

)

 

 

 

(171,706

)

 

Transfers between Investment Divisions

 

(1,493,903

)

 

109,294

 

 

5,714,968

 

 

 

 

7,568,585

 

 

18,231

 

 

422,102

 

 

Contract owner charges

 

(227,714

)

 

(3,354

)

 

(432,469

)

 

(302

)

 

(71,628

)

 

(259

)

 

(32,713

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

554,370

 

 

179,406

 

 

15,084,885

 

 

(265,103

)

 

9,525,495

 

 

83,358

 

 

973,235

 

 

                        

Net change in net assets

 

4,921,038

 

 

224,662

 

 

24,876,642

 

 

(215,455

)

 

12,312,720

 

 

92,001

 

 

1,250,945

 

 

                        

Net assets beginning of year

 

17,663,918

 

 

117,517

 

 

28,918,919

 

 

303,766

 

 

4,899,932

 

 

 

 

1,833,711

 

 

                        

Net assets end of year

$

22,584,956

 

$

342,179

 

$

53,795,561

 

$

88,311

 

$

17,212,652

 

$

92,001

 

$

3,084,656

 

 

                        

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

1,810,015

 

 

11,890

 

 

2,914,175

 

 

30,144

 

 

387,809

 

 

 

 

177,569

 

 

Units issued

 

636,111

 

 

24,235

 

 

2,045,307

 

 

6,306

 

 

886,779

 

 

5,230

 

 

226,295

 

 

Units redeemed

 

(600,164

)

 

(8,915

)

 

(735,830

)

 

(29,701

)

 

(243,875

)

 

(97

)

 

(133,006

)

 

Units outstanding at end of year

 

1,845,962

 

 

27,210

 

 

4,223,652

 

 

6,749

 

 

1,030,713

 

 

5,133

 

 

270,858

 

 

See Notes to the Financial Statements.

126


N-VPFS127th “Page” of 183TOC1stPreviousNextBottomJust 127th
                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Westchester Capital Event Driven Fund - Class I

 

JNL/WMC Balanced Fund - Class A

 

JNL/WMC Balanced Fund - Class I

 

JNL/WMC Government Money Market Fund - Class A

 

JNL/WMC Government Money Market Fund - Class I

 

JNL/WMC Value Fund - Class A

 

JNL/WMC Value Fund - Class I

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(12

)

$

(6,393,807

)

$

(3,446

)

$

126,528

 

$

3,144

 

$

(804,839

)

$

 

 

Net realized gain (loss) on investments

 

(106

)

 

7,120,443

 

 

6,219

 

 

 

 

1

 

 

(161,451

)

 

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

(11

)

 

80,903,717

 

 

136,767

 

 

 

 

 

 

13,064,581

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

(129

)

 

81,630,353

 

 

139,540

 

 

126,528

 

 

3,145

 

 

12,098,291

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

16,714

 

 

45,971,603

 

 

113,671

 

 

36,103,180

 

 

512,073

 

 

2,243,561

 

 

 

 

Surrenders and terminations

 

 

 

(27,332,175

)

 

(54,560

)

 

(24,422,586

)

 

 

 

(2,734,261

)

 

 

 

Transfers between Investment Divisions

 

(17,549

)

 

(613,325

)

 

28,813

 

 

(10,778,333

)

 

(30,597

)

 

(4,828,454

)

 

 

 

Contract owner charges

 

(31

)

 

(4,545,621

)

 

(10,593

)

 

(739,111

)

 

(3,702

)

 

(607,644

)

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(866

)

 

13,480,482

 

 

77,331

 

 

163,150

 

 

477,774

 

 

(5,926,798

)

 

 

 

                        

Net change in net assets

 

(995

)

 

95,110,835

 

 

216,871

 

 

289,678

 

 

480,919

 

 

6,171,493

 

 

 

 

                        

Net assets beginning of year

 

995

 

 

406,144,265

 

 

633,704

 

 

69,399,260

 

 

21,149

 

 

49,686,548

 

 

 

 

                        

Net assets end of year

$

 

$

501,255,100

 

$

850,575

 

$

69,688,938

 

$

502,068

 

$

55,858,041

 

$

 

 

                        

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

95

 

 

8,937,738

 

 

9,623

 

 

5,904,700

 

 

1,259

 

 

1,496,185

 

 

 

 

Units issued

 

4,510

 

 

1,501,780

 

 

2,156

 

 

7,786,634

 

 

36,522

 

 

189,777

 

 

 

 

Units redeemed

 

(4,605

)

 

(1,257,393

)

 

(887

)

 

(7,916,418

)

 

(8,367

)

 

(346,940

)

 

 

 

Units outstanding at end of year

 

 

 

9,182,125

 

 

10,892

 

 

5,774,916

 

 

29,414

 

 

1,339,022

 

 

 

 

See Notes to the Financial Statements.

127


N-VPFS128th “Page” of 183TOC1stPreviousNextBottomJust 128th
                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL Institutional Alt 100 Fund - Class A

 

JNL Institutional Alt 25 Fund - Class A

 

JNL Institutional Alt 25 Fund - Class I

 

JNL Institutional Alt 50 Fund - Class A

 

JNL Institutional Alt 50 Fund - Class I

 

JNL/Eaton Vance Global Macro Absolute Return Advantage Fund - Class A

 

JNL/Eaton Vance Global Macro Absolute Return Advantage Fund - Class I

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(128,720

)

$

(1,982,892

)

$

(37

)

$

(1,409,198

)

$

 

$

35,364

 

$

 

 

Net realized gain (loss) on investments

 

27,626

 

 

2,316,231

 

 

 

 

1,379,903

 

 

 

 

(17,238

)

 

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

1,293,947

 

 

19,786,082

 

 

617

 

 

11,921,696

 

 

 

 

464,875

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

1,192,853

 

 

20,119,421

 

 

580

 

 

11,892,401

 

 

 

 

483,001

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

52,788

 

 

972,072

 

 

13,063

 

 

866,799

 

 

 

 

434,097

 

 

 

 

Surrenders and terminations

 

(2,639,766

)

 

(11,749,640

)

 

 

 

(6,865,480

)

 

 

 

(167,403

)

 

 

 

Transfers between Investment Divisions

 

(1,513,266

)

 

(4,471,547

)

 

(51

)

 

(3,469,053

)

 

 

 

1,069,048

 

 

 

 

Contract owner charges

 

(5,683

)

 

(1,677,779

)

 

 

 

(1,238,385

)

 

 

 

(8,131

)

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(4,105,927

)

 

(16,926,894

)

 

13,012

 

 

(10,706,119

)

 

 

 

1,327,611

 

 

 

 

                        

Net change in net assets

 

(2,913,074

)

 

3,192,527

 

 

13,592

 

 

1,186,282

 

 

 

 

1,810,612

 

 

 

 

                        

Net assets beginning of year

 

13,798,752

 

 

126,769,144

 

 

 

 

91,358,850

 

 

 

 

2,936,142

 

 

 

 

                        

Net assets end of year

$

10,885,678

 

$

129,961,671

 

$

13,592

 

$

92,545,132

 

$

 

$

4,746,754

 

$

 

 

                        

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

1,401,474

 

 

7,339,427

 

 

 

 

5,406,296

 

 

 

 

295,325

 

 

 

 

Units issued

 

33,804

 

 

210,188

 

 

603

 

 

233,007

 

 

 

 

202,869

 

 

 

 

Units redeemed

 

(430,106

)

 

(1,103,065

)

 

 

 

(825,554

)

 

 

 

(71,769

)

 

 

 

Units outstanding at end of year

 

1,005,172

 

 

6,446,550

 

 

603

 

 

4,813,749

 

 

 

 

426,425

 

 

 

 

See Notes to the Financial Statements.

128


N-VPFS129th “Page” of 183TOC1stPreviousNextBottomJust 129th
                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/FAMCO Flex Core Covered Call Fund - Class A

 

JNL/FAMCO Flex Core Covered Call Fund - Class I

 

JNL/FPA + DoubleLine Flexible Allocation Fund - Class A

 

JNL/FPA + DoubleLine Flexible Allocation Fund - Class I

 

JNL/Franklin Templeton Global Fund - Class A

 

JNL/Franklin Templeton Global Fund - Class I

 

JNL/Goldman Sachs Emerging Markets Debt Fund - Class A

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(148,985

)

$

(4

)

$

(1,056,036

)

$

(166

)

$

(425,760

)

$

(26

)

$

(118,972

)

 

Net realized gain (loss) on investments

 

(5,260

)

 

131

 

 

(252,584

)

 

40

 

 

(252,262

)

 

(18

)

 

(87,580

)

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

2,605,430

 

 

 

 

13,554,958

 

 

4,885

 

 

4,137,928

 

 

830

 

 

1,209,416

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

2,451,185

 

 

127

 

 

12,246,338

 

 

4,759

 

 

3,459,906

 

 

786

 

 

1,002,864

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

1,941,145

 

 

 

 

968,070

 

 

43,063

 

 

1,125,173

 

 

1

 

 

303,165

 

 

Surrenders and terminations

 

(1,115,070

)

 

 

 

(5,325,450

)

 

 

 

(2,666,385

)

 

 

 

(793,968

)

 

Transfers between Investment Divisions

 

(771,334

)

 

(114

)

 

(2,776,942

)

 

(51

)

 

(229,344

)

 

 

 

(426,891

)

 

Contract owner charges

 

(28,829

)

 

(13

)

 

(903,374

)

 

(426

)

 

(370,684

)

 

(90

)

 

(78,977

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

25,912

 

 

(127

)

 

(8,037,696

)

 

42,586

 

 

(2,141,240

)

 

(89

)

 

(996,671

)

 

                        

Net change in net assets

 

2,477,097

 

 

 

 

4,208,642

 

 

47,345

 

 

1,318,666

 

 

697

 

 

6,193

 

 

                        

Net assets beginning of year

 

12,062,719

 

 

 

 

66,311,006

 

 

 

 

27,919,397

 

 

5,503

 

 

9,056,808

 

 

                        

Net assets end of year

$

14,539,816

 

$

 

$

70,519,648

 

$

47,345

 

$

29,238,063

 

$

6,200

 

$

9,063,001

 

 

                        

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

983,926

 

 

 

 

5,434,574

 

 

 

 

2,637,467

 

 

427

 

 

741,737

 

 

Units issued

 

253,233

 

 

222

 

 

303,307

 

 

2,828

 

 

333,858

 

 

 

 

99,461

 

 

Units redeemed

 

(248,791

)

 

(222

)

 

(898,782

)

 

(26

)

 

(526,024

)

 

(7

)

 

(176,730

)

 

Units outstanding at end of year

 

988,368

 

 

 

 

4,839,099

 

 

2,802

 

 

2,445,301

 

 

420

 

 

664,468

 

 

See Notes to the Financial Statements.

129


N-VPFS130th “Page” of 183TOC1stPreviousNextBottomJust 130th
                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Invesco China-India Fund - Class A

 

JNL/Invesco China-India Fund - Class I

 

JNL/Mellon S&P 1500 Growth Index Fund - Class A

 

JNL/Mellon S&P 1500 Growth Index Fund - Class I

 

JNL/Mellon S&P 1500 Value Index Fund - Class A

 

JNL/Mellon S&P 1500 Value Index Fund - Class I

 

JNL/Neuberger Berman Currency Fund - Class A

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(610,614

)

$

38

 

$

(97,345

)

$

(57

)

$

(47,386

)

$

(677

)

$

(17,314

)

 

Net realized gain (loss) on investments

 

3,164,766

 

 

1,723

 

 

50,383

 

 

76

 

 

18,317

 

 

8,931

 

 

161

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

3,111,057

 

 

552

 

 

1,616,122

 

 

3,313

 

 

861,804

 

 

31,615

 

 

(1,419

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

5,665,209

 

 

2,313

 

 

1,569,160

 

 

3,332

 

 

832,735

 

 

39,869

 

 

(18,572

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

2,329,682

 

 

22,782

 

 

2,644,263

 

 

7,501

 

 

2,786,714

 

 

7,501

 

 

149,191

 

 

Surrenders and terminations

 

(3,496,495

)

 

 

 

(254,816

)

 

 

 

(48,389

)

 

 

 

(178,745

)

 

Transfers between Investment Divisions

 

807,202

 

 

(2,779

)

 

316,071

 

 

(509

)

 

1,284,521

 

 

(132

)

 

221,435

 

 

Contract owner charges

 

(603,908

)

 

(79

)

 

(81,897

)

 

(161

)

 

(33,730

)

 

(2,106

)

 

(10,565

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(963,519

)

 

19,924

 

 

2,623,621

 

 

6,831

 

 

3,989,116

 

 

5,263

 

 

181,316

 

 

                        

Net change in net assets

 

4,701,690

 

 

22,237

 

 

4,192,781

 

 

10,163

 

 

4,821,851

 

 

45,132

 

 

162,744

 

 

                        

Net assets beginning of year

 

45,965,966

 

 

6,787

 

 

5,160,591

 

 

10,077

 

 

1,516,972

 

 

130,571

 

 

922,885

 

 

                        

Net assets end of year

$

50,667,656

 

$

29,024

 

$

9,353,372

 

$

20,240

 

$

6,338,823

 

$

175,703

 

$

1,085,629

 

 

                        

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

5,358,430

 

 

689

 

 

495,742

 

 

953

 

 

160,246

 

 

13,608

 

 

91,759

 

 

Units issued

 

1,168,424

 

 

4,334

 

 

402,250

 

 

579

 

 

390,374

 

 

13,075

 

 

126,803

 

 

Units redeemed

 

(1,323,929

)

 

(1,739

)

 

(190,450

)

 

(57

)

 

(29,668

)

 

(12,654

)

 

(109,493

)

 

Units outstanding at end of year

 

5,202,925

 

 

3,284

 

 

707,542

 

 

1,475

 

 

520,952

 

 

14,029

 

 

109,069

 

 

See Notes to the Financial Statements.

130


N-VPFS131st “Page” of 183TOC1stPreviousNextBottomJust 131st
                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Neuberger Berman Currency Fund - Class I

 

JNL/Nicholas Convertible Arbitrage Fund - Class A

 

JNL/Nicholas Convertible Arbitrage Fund - Class I

 

JNL/Oppenheimer Emerging Markets Innovator Fund - Class A

 

JNL/PPM America Mid Cap Value Fund - Class A

 

JNL/PPM America Mid Cap Value Fund - Class I

 

JNL/PPM America Value Equity Fund - Class A

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

 

$

(70,295

)

$

 

$

(29,768

)

$

(519,692

)

$

(206

)

$

(221,611

)

 

Net realized gain (loss) on investments

 

 

 

22,069

 

 

 

 

(8,629

)

 

(1,192,776

)

 

(28

)

 

352,036

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

 

 

570,604

 

 

 

 

634,260

 

 

7,533,610

 

 

6,350

 

 

2,432,265

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

 

 

522,378

 

 

 

 

595,863

 

 

5,821,142

 

 

6,116

 

 

2,562,690

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

 

 

524,690

 

 

 

 

302,533

 

 

2,249,298

 

 

30,000

 

 

743,305

 

 

Surrenders and terminations

 

 

 

(704,734

)

 

 

 

(237,889

)

 

(2,368,098

)

 

 

 

(1,046,138

)

 

Transfers between Investment Divisions

 

 

 

136,321

 

 

 

 

(98,390

)

 

920,162

 

 

2,004

 

 

390,049

 

 

Contract owner charges

 

 

 

(6,404

)

 

 

 

(3,020

)

 

(379,072

)

 

(601

)

 

(176,219

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

 

 

(50,127

)

 

 

 

(36,766

)

 

422,290

 

 

31,403

 

 

(89,003

)

 

                        

Net change in net assets

 

 

 

472,251

 

 

 

 

559,097

 

 

6,243,432

 

 

37,519

 

 

2,473,687

 

 

                        

Net assets beginning of year

 

 

 

6,274,078

 

 

 

 

2,644,864

 

 

32,431,360

 

 

12,758

 

 

12,766,645

 

 

                        

Net assets end of year

$

 

$

6,746,329

 

$

 

$

3,203,961

 

$

38,674,792

 

$

50,277

 

$

15,240,332

 

 

                        

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

 

 

607,225

 

 

 

 

296,606

 

 

1,960,534

 

 

652

 

 

449,335

 

 

Units issued

 

 

 

135,356

 

 

 

 

119,889

 

 

611,513

 

 

1,534

 

 

89,040

 

 

Units redeemed

 

 

 

(137,549

)

 

 

 

(124,308

)

 

(579,721

)

 

(28

)

 

(92,040

)

 

Units outstanding at end of year

 

 

 

605,032

 

 

 

 

292,187

 

 

1,992,326

 

 

2,158

 

 

446,335

 

 

See Notes to the Financial Statements.

131


N-VPFS132nd “Page” of 183TOC1stPreviousNextBottomJust 132nd
                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/PPM America Value Equity Fund - Class I

 

JNL/S&P Mid 3 Fund - Class A

 

JNL/S&P Mid 3 Fund - Class I

 

JNL/Scout Unconstrained Bond Fund - Class A

 

JNL/The London Company Focused U.S. Equity Fund - Class A

 

JNL/The London Company Focused U.S. Equity Fund - Class I

 

JNL/VanEck International Gold Fund - Class A

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(38

)

$

67,602

 

$

 

$

(40,945

)

$

14,068

 

$

589

 

$

(44,709

)

 

Net realized gain (loss) on investments

 

14

 

 

1,254,183

 

 

 

 

19,994

 

 

484,089

 

 

7,466

 

 

(43,984

)

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments

 

1,767

 

 

2,067,028

 

 

 

 

204,902

 

 

(28,875

)

 

(3,837

)

 

1,373,042

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

1,743

 

 

3,388,813

 

 

 

 

183,951

 

 

469,282

 

 

4,218

 

 

1,284,349

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

5,000

 

 

1,377,958

 

 

 

 

202,677

 

 

230,911

 

 

39,454

 

 

581,392

 

 

Surrenders and terminations

 

 

 

(713,235

)

 

 

 

(436,162

)

 

(110,962

)

 

(108

)

 

(361,119

)

 

Transfers between Investment Divisions

 

501

 

 

(500,819

)

 

 

 

(38,567

)

 

402,726

 

 

 

 

725,764

 

 

Contract owner charges

 

(106

)

 

(209,032

)

 

 

 

(904

)

 

(5,941

)

 

(136

)

 

(3,259

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

5,395

 

 

(45,128

)

 

 

 

(272,956

)

 

516,734

 

 

39,210

 

 

942,778

 

 

                        

Net change in net assets

 

7,138

 

 

3,343,685

 

 

 

 

(89,005

)

 

986,016

 

 

43,428

 

 

2,227,127

 

 

                        

Net assets beginning of year

 

6,376

 

 

17,778,617

 

 

 

 

4,022,984

 

 

1,638,268

 

 

 

 

3,574,611

 

 

                        

Net assets end of year

$

13,514

 

$

21,122,302

 

$

 

$

3,933,979

 

$

2,624,284

 

$

43,428

 

$

5,801,738

 

 

                        

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

142

 

 

1,660,803

 

 

 

 

415,365

 

 

123,171

 

 

 

 

801,991

 

 

Units issued

 

109

 

 

293,725

 

 

 

 

40,047

 

 

71,549

 

 

2,549

 

 

395,181

 

 

Units redeemed

 

(4

)

 

(294,349

)

 

 

 

(67,138

)

 

(33,476

)

 

(15

)

 

(242,190

)

 

Units outstanding at end of year

 

247

 

 

1,660,179

 

 

 

 

388,274

 

 

161,244

 

 

2,534

 

 

954,982

 

 

See Notes to the Financial Statements.

132


N-VPFS133rd “Page” of 183TOC1stPreviousNextBottomJust 133rd
                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment Division Data

 

 

Highest Expense Ratio

 

 

Lowest Expense Ratio

 

 

 

 

Net Assets

 

Units Outstanding

 

Investment Income

 

 

Unit

 

Total

 

Ratio of

 

 

Unit

 

Total

 

Ratio of

 

Year ended

 

(in thousands)($)¥

 

(in thousands)¥

 

Ratio(%)*

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

JNL Aggressive Growth Allocation Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

99,990

 

5,467

 

0.00

 

 

15.012994

 

13.16

 

2.80

 

 

22.196601

 

16.37

 

0.00

 

12/31/2019

 

91,078

 

5,713

 

0.00

 

 

13.267306

 

22.57

 

2.80

 

 

19.073984

 

26.05

 

0.00

 

12/31/2018

 

76,550

 

5,975

 

0.00

 

 

10.824099

 

(5.57

)‡

2.80

 

 

15.131680

 

(10.47

)

0.00

 

12/31/2017

 

89,239

 

6,155

 

0.00

 

 

12.768290

 

18.34

 

2.56

 

 

16.901163

 

13.65

0.00

 

12/31/2016

 

50,382

 

4,210

 

0.00

 

 

10.789349

 

5.36

 

2.56

 

 

12.665227

 

7.06

 

0.95

 

JNL Aggressive Growth Allocation Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

758

 

40

 

0.00

 

 

16.937488

 

16.21

 

0.45

 

 

21.514713

 

1.58

0.40

 

12/31/2019

 

282

 

19

 

0.00

 

 

14.574861

 

25.80

 

0.45

 

 

14.574861

 

25.80

 

0.45

 

12/31/2018+

 

228

 

20

 

0.00

 

 

11.585518

 

(10.15

)‡

0.45

 

 

11.585518

 

(10.15

)‡

0.45

 

JNL Conservative Allocation Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

51,588

 

3,976

 

0.00

 

 

12.013945

 

5.33

 

2.05

 

 

14.419806

 

7.51

 

0.00

 

12/31/2019

 

34,589

 

2,832

 

0.00

 

 

11.405731

 

3.81

2.05

 

 

13.412046

 

12.46

 

0.00

 

12/31/2018

 

23,376

 

2,116

 

0.00

 

 

10.388252

 

(5.05

)

2.00

 

 

11.926446

 

(3.12

)

0.00

 

12/31/2017

 

19,897

 

1,722

 

0.00

 

 

10.940853

 

0.17

2.00

 

 

12.310842

 

7.24

0.00

 

12/31/2016

 

12,341

 

1,141

 

0.00

 

 

10.729770

 

3.18

 

1.25

 

 

10.861827

 

3.44

 

1.00

 

JNL Conservative Allocation Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

 

 

0.00

 

 

13.805235

 

7.37

 

0.45

 

 

13.805235

 

7.37

 

0.45

 

12/31/2019

 

57

 

4

 

0.00

 

 

12.857871

 

12.16

 

0.45

 

 

12.857871

 

12.16

 

0.45

 

12/31/2018+

 

73

 

6

 

0.00

 

 

11.464194

 

(2.25

)‡

0.45

 

 

11.464194

 

(2.25

)‡

0.45

 

JNL Growth Allocation Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

170,138

 

8,995

 

0.00

 

 

16.253851

 

12.54

 

2.46

 

 

22.912063

 

15.34

 

0.00

 

12/31/2019

 

155,698

 

9,370

 

0.00

 

 

14.442554

 

20.68

 

2.46

 

 

19.864068

 

23.68

 

0.00

 

12/31/2018

 

135,664

 

9,965

 

0.00

 

 

11.967993

 

(11.29

)

2.46

 

 

16.060587

 

(9.07

)

0.00

 

12/31/2017

 

163,142

 

10,753

 

0.00

 

 

13.491509

 

15.76

 

2.46

 

 

17.662738

 

11.88

0.00

 

12/31/2016

 

113,671

 

8,879

 

0.00

 

 

11.654718

 

4.92

 

2.46

 

 

13.544695

 

6.51

 

0.95

 

JNL Growth Allocation Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

212

 

12

 

0.00

 

 

17.487446

 

15.18

 

0.45

 

 

17.487446

 

15.18

 

0.45

 

12/31/2019

 

78

 

5

 

0.00

 

 

15.182600

 

23.43

 

0.45

 

 

15.182600

 

23.43

 

0.45

 

12/31/2018+

 

 

 

0.00

 

 

12.300199

 

(8.78

)‡

0.45

 

 

12.300199

 

(8.78

)‡

0.45

 

JNL iShares Tactical Growth Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

28,824

 

1,502

 

1.87

 

 

17.441378

 

9.87

 

2.17

 

 

21.159130

 

12.28

 

0.00

 

12/31/2019

 

27,606

 

1,592

 

1.66

 

 

15.874552

 

13.28

2.17

 

 

18.844911

 

21.65

 

0.00

 

12/31/2018

 

22,239

 

1,540

 

1.36

 

 

13.586267

 

(12.59

)‡

1.90

 

 

15.490689

 

(9.12

)

0.00

 

12/31/2017

 

22,459

 

1,395

 

1.33

 

 

15.835212

 

17.87

 

1.25

 

 

17.045963

 

17.90

0.00

 

12/31/2016

 

14,693

 

1,080

 

1.40

 

 

13.434580

 

7.14

 

1.25

 

 

13.700122

 

7.57

 

0.85

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL Aggressive Growth Allocation Fund - Class I - April 30, 2018; JNL Conservative Allocation Fund - Class I - April 30, 2018; JNL Growth Allocation Fund - Class I - April 30, 2018.

*

These amounts represent the dividends, excluding distributions of capital gains, received by the Investment Division from the underlying Fund for the period indicated divided by the average net assets for the period indicated. In some instances, the investment income ratio may be rounded to 0.00% even though the Investment Division received dividend income from the Underlying Fund. The investment income ratio for Investment Divisions initially funded during the period presented have not been annualized.

§

For an Investment Division where no contact owner allocated net premiums during the period, the unit value represents the amount at which a contract owner could contribute to that Investment Division as of December 31, 2020.

Total return for period indicated, includes changes in the value of the underlying Fund, and reflects deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units, inclusion of these expenses in the calculation would result in a reduction in the total return presented. Total return for current Investment Divisions with no activity during the year is calculated based on the total return of the underlying Fund less expenses that are charged directly to that Investment Division of the Separate Account. See Note 3 in the Notes to Financial Statements for additional detail on expenses. Total return for current Investment Divisions with activity for a portion of the year is calculated based on the total return of the underlying Fund for the year less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the underlying Investment Division was initially added and funded or if the Investment Division was closed during the year.

^

Annualized contract expense of Investment Divisions of the Separate Account, consist primarily of mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Funds are excluded. If no contract owner elected to allocate net premiums to a specific Investment Division for the full period, the expense ratio or range of expense ratios represents the contractual expense ratio or range of expense ratios.

¥

Some investments have a net asset and ending unit balance of less than one thousand, due to rounding it is displayed as a zero.

Total return is calculated from the effective date or the date available for investment presented in (+) footnote through the end of the reporting period and is not annualized. The effective date is the date when the optional benefit in the variable account was elected by a contract owner.

See Notes to the Financial Statements.

133


N-VPFS134th “Page” of 183TOC1stPreviousNextBottomJust 134th
                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment Division Data

 

 

Highest Expense Ratio

 

 

Lowest Expense Ratio

 

 

 

 

Net Assets

 

Units Outstanding

 

Investment Income

 

 

Unit

 

Total

 

Ratio of

 

 

Unit

 

Total

 

Ratio of

 

Year ended

 

(in thousands)($)¥

 

(in thousands)¥

 

Ratio(%)*

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

JNL iShares Tactical Growth Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

228

 

13

 

2.43

 

 

20.331083

 

11.87

 

0.65

 

 

17.770189

 

12.09

 

0.45

 

12/31/2019

 

150

 

9

 

2.78

 

 

18.174384

 

5.72

0.65

 

 

15.853374

 

21.47

 

0.45

 

12/31/2018+

 

39

 

3

 

8.33

 

 

13.051443

 

(9.00

)‡

0.45

 

 

13.051443

 

(9.00

)‡

0.45

 

JNL iShares Tactical Moderate Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

16,471

 

1,132

 

1.89

 

 

13.691881

 

6.74

 

1.80

 

 

16.071629

 

8.68

 

0.00

 

12/31/2019

 

13,540

 

996

 

2.08

 

 

12.827010

 

9.66

1.80

 

 

14.787857

 

14.38

 

0.00

 

12/31/2018

 

11,719

 

978

 

1.68

 

 

11.457553

 

(7.52

)‡

1.75

 

 

12.929019

 

(5.35

)

0.00

 

12/31/2017

 

11,679

 

911

 

1.53

 

 

12.689869

 

10.07

 

1.25

 

 

13.660085

 

10.66

0.00

 

12/31/2016

 

11,889

 

1,024

 

1.35

 

 

11.528563

 

4.26

 

1.25

 

 

11.756327

 

3.74

0.85

 

JNL iShares Tactical Moderate Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

 

 

0.00

 

 

14.408981

 

8.49

 

0.45

 

 

14.408981

 

8.49

 

0.45

 

12/31/2019

 

 

 

0.00

 

 

13.281176

 

14.22

 

0.45

 

 

13.281176

 

14.22

 

0.45

 

12/31/2018+

 

 

 

0.00

 

 

11.627572

 

(4.57

)‡

0.45

 

 

11.627572

 

(4.57

)‡

0.45

 

JNL iShares Tactical Moderate Growth Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

29,181

 

1,711

 

1.90

 

 

15.743450

 

8.89

 

2.05

 

 

18.896233

 

11.15

 

0.00

 

12/31/2019

 

30,710

 

1,966

 

2.01

 

 

14.458039

 

0.50

2.05

 

 

17.001293

 

18.06

 

0.00

 

12/31/2018

 

23,716

 

1,768

 

1.52

 

 

12.629804

 

(9.84

)‡

1.90

 

 

14.400208

 

(7.28

)

0.00

 

12/31/2017

 

26,311

 

1,798

 

1.47

 

 

14.427138

 

14.29

 

1.25

 

 

15.530128

 

14.57

0.00

 

12/31/2016

 

21,901

 

1,716

 

1.38

 

 

12.623280

 

5.72

 

1.25

 

 

12.872708

 

6.14

 

0.85

 

JNL iShares Tactical Moderate Growth Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

1,858

 

100

 

8.67

 

 

16.454715

 

10.92

 

0.45

 

 

18.570742

 

8.52

0.40

 

12/31/2019

 

25

 

2

 

3.01

 

 

14.834546

 

17.92

 

0.45

 

 

14.834546

 

17.92

 

0.45

 

12/31/2018+

 

 

 

0.00

 

 

12.580054

 

(6.84

)‡

0.45

 

 

12.580054

 

(6.84

)‡

0.45

 

JNL Moderate Allocation Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

142,291

 

9,402

 

0.00

 

 

14.184001

 

8.83

 

2.15

 

 

17.176765

 

11.20

 

0.00

 

12/31/2019

 

48,445

 

3,456

 

0.00

 

 

13.033128

 

13.21

 

2.15

 

 

15.447357

 

15.67

 

0.00

 

12/31/2018

 

39,568

 

3,207

 

0.00

 

 

11.512647

 

(6.52

)‡

2.15

 

 

13.354971

 

(4.94

)

0.00

 

12/31/2017

 

35,980

 

2,727

 

0.00

 

 

12.485434

 

1.22

2.00

 

 

14.048875

 

9.48

0.00

 

12/31/2016

 

33,433

 

2,768

 

0.00

 

 

11.959537

 

3.91

 

1.25

 

 

12.195889

 

4.32

 

0.85

 

JNL Moderate Allocation Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

121

 

8

 

0.00

 

 

15.999748

 

11.03

 

0.45

 

 

15.999748

 

11.03

 

0.45

 

12/31/2019

 

96

 

7

 

0.00

 

 

14.410326

 

15.57

 

0.45

 

 

14.410326

 

15.57

 

0.45

 

12/31/2018+

 

23

 

2

 

0.00

 

 

12.468434

 

(4.34

)‡

0.45

 

 

12.468434

 

(4.34

)‡

0.45

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL iShares Tactical Growth Fund - Class I - April 30, 2018; JNL iShares Tactical Moderate Fund - Class I - April 30, 2018; JNL iShares Tactical Moderate Growth Fund - Class I - April 30, 2018; JNL Moderate Allocation Fund - Class I - April 30, 2018.

*

These amounts represent the dividends, excluding distributions of capital gains, received by the Investment Division from the underlying Fund for the period indicated divided by the average net assets for the period indicated. In some instances, the investment income ratio may be rounded to 0.00% even though the Investment Division received dividend income from the Underlying Fund. The investment income ratio for Investment Divisions initially funded during the period presented have not been annualized.

§

For an Investment Division where no contact owner allocated net premiums during the period, the unit value represents the amount at which a contract owner could contribute to that Investment Division as of December 31, 2020.

Total return for period indicated, includes changes in the value of the underlying Fund, and reflects deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units, inclusion of these expenses in the calculation would result in a reduction in the total return presented. Total return for current Investment Divisions with no activity during the year is calculated based on the total return of the underlying Fund less expenses that are charged directly to that Investment Division of the Separate Account. See Note 3 in the Notes to Financial Statements for additional detail on expenses. Total return for current Investment Divisions with activity for a portion of the year is calculated based on the total return of the underlying Fund for the year less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the underlying Investment Division was initially added and funded or if the Investment Division was closed during the year.

^

Annualized contract expense of Investment Divisions of the Separate Account, consist primarily of mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Funds are excluded. If no contract owner elected to allocate net premiums to a specific Investment Division for the full period, the expense ratio or range of expense ratios represents the contractual expense ratio or range of expense ratios.

¥

Some investments have a net asset and ending unit balance of less than one thousand, due to rounding it is displayed as a zero.

Total return is calculated from the effective date or the date available for investment presented in (+) footnote through the end of the reporting period and is not annualized. The effective date is the date when the optional benefit in the variable account was elected by a contract owner.

See Notes to the Financial Statements.

134


N-VPFS135th “Page” of 183TOC1stPreviousNextBottomJust 135th
                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment Division Data

 

 

Highest Expense Ratio

 

 

Lowest Expense Ratio

 

 

 

 

Net Assets

 

Units Outstanding

 

Investment Income

 

 

Unit

 

Total

 

Ratio of

 

 

Unit

 

Total

 

Ratio of

 

Year ended

 

(in thousands)($)¥

 

(in thousands)¥

 

Ratio(%)*

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

JNL Moderate Growth Allocation Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

284,537

 

15,664

 

0.00

 

 

10.270875

 

6.77

 

5.50

 

 

22.140572

 

12.81

 

0.00

 

12/31/2019

 

149,565

 

9,060

 

0.00

 

 

9.619359

 

13.13

 

5.50

 

 

19.626352

 

19.53

 

0.00

 

12/31/2018

 

138,079

 

9,875

 

0.00

 

 

8.502626

 

(9.49

)‡

5.50

 

 

16.419449

 

(6.64

)

0.00

 

12/31/2017

 

156,926

 

10,341

 

0.00

 

 

11.659967

 

5.19

3.75

 

 

17.586776

 

9.16

0.00

 

12/31/2016

 

91,382

 

6,921

 

0.00

 

 

11.889426

 

4.54

 

2.57

 

 

13.968929

 

6.25

 

0.95

 

JNL Moderate Growth Allocation Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

143

 

7

 

0.00

 

 

20.722013

 

12.45

 

0.65

 

 

17.162765

 

12.67

 

0.45

 

12/31/2019

 

330

 

21

 

0.00

 

 

18.427997

 

4.39

0.65

 

 

15.232277

 

19.31

 

0.45

 

12/31/2018+

 

40

 

3

 

0.00

 

 

12.767382

 

(6.21

)‡

0.45

 

 

12.767382

 

(6.21

)‡

0.45

 

JNL Multi-Manager Alternative Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

11,606

 

1,055

 

0.00

 

 

10.390475

 

10.74

2.05

 

 

11.674366

 

7.58

 

0.00

 

12/31/2019

 

1,639

 

158

 

0.00

 

 

10.235567

 

7.73

 

1.25

 

 

10.852111

 

9.08

 

0.00

 

12/31/2018

 

1,292

 

135

 

0.00

 

 

9.501429

 

(5.03

)

1.25

 

 

9.948649

 

(3.83

)

0.00

 

12/31/2017

 

1,189

 

118

 

0.63

 

 

10.004499

 

5.07

 

1.25

 

 

10.344567

 

5.95

0.00

 

12/31/2016

 

647

 

68

 

0.35

 

 

9.521581

 

0.34

 

1.25

 

 

9.585672

 

0.74

 

0.85

 

JNL Multi-Manager Alternative Fund - Class I

 

 

 

 

 

 

 

12/31/2020+

 

50

 

4

 

0.00

 

 

11.615764

 

15.20

0.45

 

 

11.615764

 

15.20

0.45

 

JNL Multi-Manager Emerging Markets Equity Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

85,696

 

5,660

 

1.55

 

 

11.905086

 

5.62

 

3.06

 

 

18.643117

 

8.86

 

0.00

 

12/31/2019

 

35,004

 

2,468

 

2.05

 

 

11.271844

 

14.30

 

3.06

 

 

17.125830

 

17.85

 

0.00

 

12/31/2018

 

30,664

 

2,505

 

1.55

 

 

9.862018

 

(20.82

)

3.06

 

 

14.532268

 

(18.35

)

0.00

 

12/31/2017

 

33,532

 

2,209

 

1.25

 

 

12.455435

 

24.73

 

3.06

 

 

17.797696

 

25.27

0.00

 

12/31/2016

 

28,329

 

2,381

 

2.22

 

 

9.985586

 

15.70

 

3.06

 

 

12.639572

 

18.27

 

0.85

 

JNL Multi-Manager Emerging Markets Equity Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

403

 

21

 

1.70

 

 

17.502317

 

54.10

0.65

 

 

18.156455

 

2.30

0.40

 

12/31/2019

 

140

 

8

 

2.41

 

 

17.451548

 

17.64

 

0.45

 

 

17.451548

 

17.64

 

0.45

 

12/31/2018+

 

170

 

11

 

4.04

 

 

14.834350

 

(17.38

)‡

0.45

 

 

14.834350

 

(17.38

)‡

0.45

 

JNL Multi-Manager International Small Cap Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

153

 

11

 

1.85

 

 

13.654617

 

30.53

 

1.25

 

 

14.067604

 

32.18

 

0.00

 

12/31/2019

 

141

 

13

 

0.52

 

 

10.460541

 

10.03

1.25

 

 

10.643000

 

31.72

 

0.00

 

12/31/2018+

 

50

 

6

 

0.00

 

 

8.049077

 

(5.26

)‡

1.00

 

 

8.080000

 

(19.20

)‡

0.00

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL Moderate Growth Allocation Fund - Class I - April 30, 2018; JNL Multi-Manager Alternative Fund - Class I - April 27, 2020; JNL Multi-Manager Emerging Markets Equity Fund - Class I - April 30, 2018; JNL Multi-Manager International Small Cap Fund - Class A - August 13, 2018.

*

These amounts represent the dividends, excluding distributions of capital gains, received by the Investment Division from the underlying Fund for the period indicated divided by the average net assets for the period indicated. In some instances, the investment income ratio may be rounded to 0.00% even though the Investment Division received dividend income from the Underlying Fund. The investment income ratio for Investment Divisions initially funded during the period presented have not been annualized.

§

For an Investment Division where no contact owner allocated net premiums during the period, the unit value represents the amount at which a contract owner could contribute to that Investment Division as of December 31, 2020.

Total return for period indicated, includes changes in the value of the underlying Fund, and reflects deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units, inclusion of these expenses in the calculation would result in a reduction in the total return presented. Total return for current Investment Divisions with no activity during the year is calculated based on the total return of the underlying Fund less expenses that are charged directly to that Investment Division of the Separate Account. See Note 3 in the Notes to Financial Statements for additional detail on expenses. Total return for current Investment Divisions with activity for a portion of the year is calculated based on the total return of the underlying Fund for the year less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the underlying Investment Division was initially added and funded or if the Investment Division was closed during the year.

^

Annualized contract expense of Investment Divisions of the Separate Account, consist primarily of mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Funds are excluded. If no contract owner elected to allocate net premiums to a specific Investment Division for the full period, the expense ratio or range of expense ratios represents the contractual expense ratio or range of expense ratios.

¥

Some investments have a net asset and ending unit balance of less than one thousand, due to rounding it is displayed as a zero.

Total return is calculated from the effective date or the date available for investment presented in (+) footnote through the end of the reporting period and is not annualized. The effective date is the date when the optional benefit in the variable account was elected by a contract owner.

See Notes to the Financial Statements.

135


N-VPFS136th “Page” of 183TOC1stPreviousNextBottomJust 136th
                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment Division Data

 

 

Highest Expense Ratio

 

 

Lowest Expense Ratio

 

 

 

 

Net Assets

 

Units Outstanding

 

Investment Income

 

 

Unit

 

Total

 

Ratio of

 

 

Unit

 

Total

 

Ratio of

 

Year ended

 

(in thousands)($)¥

 

(in thousands)¥

 

Ratio(%)*

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

JNL Multi-Manager Mid Cap Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

18,087

 

1,113

 

0.00

 

 

15.595585

 

11.90

 

2.31

 

 

17.217076

 

14.52

 

0.00

 

12/31/2019

 

13,304

 

926

 

0.00

 

 

13.936793

 

25.83

 

2.31

 

 

15.034532

 

28.77

 

0.00

 

12/31/2018

 

7,418

 

655

 

0.00

 

 

11.076298

 

(7.86

)

2.31

 

 

11.675946

 

(5.70

)

0.00

 

12/31/2017

 

3,999

 

329

 

0.10

 

 

12.021596

 

(0.15

)‡

2.31

 

 

12.381429

 

14.11

0.00

 

12/31/2016+

 

365

 

34

 

0.00

 

 

10.620192

 

1.38

1.65

 

 

10.640246

 

7.16

1.00

 

JNL Multi-Manager Mid Cap Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

581

 

34

 

0.00

 

 

16.948167

 

14.21

 

0.65

 

 

17.090970

 

14.44

 

0.45

 

12/31/2019

 

319

 

21

 

0.00

 

 

14.839081

 

9.45

0.65

 

 

14.934218

 

28.52

 

0.45

 

12/31/2018+

 

46

 

4

 

0.99

 

 

11.619907

 

(7.01

)‡

0.45

 

 

11.619907

 

(7.01

)‡

0.45

 

JNL Multi-Manager Small Cap Growth Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

180,836

 

2,008

 

0.00

 

 

63.106338

 

42.21

 

2.92

 

 

128.286352

 

46.43

 

0.00

 

12/31/2019

 

133,034

 

2,134

 

0.00

 

 

44.375064

 

31.98

 

2.92

 

 

87.612194

 

35.89

 

0.00

 

12/31/2018

 

91,626

 

1,987

 

0.00

 

 

33.621991

 

(4.89

)

2.92

 

 

64.472376

 

(2.05

)

0.00

 

12/31/2017

 

81,526

 

1,720

 

0.00

 

 

35.349123

 

23.59

 

2.92

 

 

65.823196

 

25.21

0.00

 

12/31/2016

 

66,238

 

1,762

 

0.00

 

 

28.603061

 

2.71

 

2.92

 

 

43.533089

 

4.85

 

0.85

 

JNL Multi-Manager Small Cap Growth Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

1,469

 

12

 

0.00

 

 

115.456644

 

45.91

 

0.65

 

 

122.688290

 

3.16

0.40

 

12/31/2019

 

360

 

4

 

0.00

 

 

79.126417

 

11.27

0.65

 

 

91.133832

 

35.70

 

0.45

 

12/31/2018+

 

50

 

1

 

0.00

 

 

67.156377

 

(7.63

)‡

0.45

 

 

67.156377

 

(7.63

)‡

0.45

 

JNL Multi-Manager Small Cap Value Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

58,134

 

2,445

 

0.00

 

 

18.918294

 

2.72

 

2.92

 

 

29.889760

 

5.76

 

0.00

 

12/31/2019

 

55,693

 

2,439

 

0.00

 

 

18.417571

 

21.66

 

2.92

 

 

28.261268

 

25.26

 

0.00

 

12/31/2018

 

43,655

 

2,358

 

0.30

 

 

15.138670

 

(17.24

)

2.92

 

 

22.561407

 

(14.77

)

0.00

 

12/31/2017

 

51,814

 

2,356

 

0.60

 

 

18.292161

 

7.87

 

2.92

 

 

26.472340

 

11.52

0.00

 

12/31/2016

 

46,680

 

2,327

 

0.66

 

 

16.956846

 

20.23

 

2.92

 

 

21.584991

 

22.73

 

0.85

 

JNL Multi-Manager Small Cap Value Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

46

 

2

 

0.00

 

 

30.479961

 

5.61

 

0.45

 

 

30.479961

 

5.61

 

0.45

 

12/31/2019

 

40

 

1

 

0.00

 

 

28.860443

 

25.01

 

0.45

 

 

28.860443

 

25.01

 

0.45

 

12/31/2018+

 

26

 

1

 

2.65

 

 

23.087031

 

(11.90

)‡

0.45

 

 

23.087031

 

(11.90

)‡

0.45

 

JNL S&P 500 Index Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

11,636

 

744

 

0.00

 

 

15.546485

 

17.39

 

0.65

 

 

15.673907

 

17.68

 

0.40

 

12/31/2019

 

3,914

 

294

 

0.00

 

 

13.243535

 

30.40

 

0.65

 

 

13.318749

 

30.73

 

0.40

 

12/31/2018+

 

824

 

81

 

0.00

 

 

10.156098

 

(10.61

)‡

0.65

 

 

10.188288

 

(13.12

)‡

0.40

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL Multi-Manager Mid Cap Fund - Class A - September 19, 2016; JNL Multi-Manager Mid Cap Fund - Class I - April 30, 2018; JNL Multi-Manager Small Cap Growth Fund - Class I - April 30, 2018; JNL Multi-Manager Small Cap Value Fund - Class I - April 30, 2018; JNL S&P 500 Index Fund - Class I - April 30, 2018.

*

These amounts represent the dividends, excluding distributions of capital gains, received by the Investment Division from the underlying Fund for the period indicated divided by the average net assets for the period indicated. In some instances, the investment income ratio may be rounded to 0.00% even though the Investment Division received dividend income from the Underlying Fund. The investment income ratio for Investment Divisions initially funded during the period presented have not been annualized.

§

For an Investment Division where no contact owner allocated net premiums during the period, the unit value represents the amount at which a contract owner could contribute to that Investment Division as of December 31, 2020.

Total return for period indicated, includes changes in the value of the underlying Fund, and reflects deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units, inclusion of these expenses in the calculation would result in a reduction in the total return presented. Total return for current Investment Divisions with no activity during the year is calculated based on the total return of the underlying Fund less expenses that are charged directly to that Investment Division of the Separate Account. See Note 3 in the Notes to Financial Statements for additional detail on expenses. Total return for current Investment Divisions with activity for a portion of the year is calculated based on the total return of the underlying Fund for the year less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the underlying Investment Division was initially added and funded or if the Investment Division was closed during the year.

^

Annualized contract expense of Investment Divisions of the Separate Account, consist primarily of mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Funds are excluded. If no contract owner elected to allocate net premiums to a specific Investment Division for the full period, the expense ratio or range of expense ratios represents the contractual expense ratio or range of expense ratios.

¥

Some investments have a net asset and ending unit balance of less than one thousand, due to rounding it is displayed as a zero.

Total return is calculated from the effective date or the date available for investment presented in (+) footnote through the end of the reporting period and is not annualized. The effective date is the date when the optional benefit in the variable account was elected by a contract owner.

See Notes to the Financial Statements.

136


N-VPFS137th “Page” of 183TOC1stPreviousNextBottomJust 137th
                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment Division Data

 

 

Highest Expense Ratio

 

 

Lowest Expense Ratio

 

 

 

 

Net Assets

 

Units Outstanding

 

Investment Income

 

 

Unit

 

Total

 

Ratio of

 

 

Unit

 

Total

 

Ratio of

 

Year ended

 

(in thousands)($)¥

 

(in thousands)¥

 

Ratio(%)*

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

JNL/American Funds Balanced Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

133,736

 

6,751

 

0.00

 

 

11.744518

 

7.66

 

4.00

 

 

26.848363

 

21.11

0.00

 

12/31/2019

 

102,172

 

5,725

 

0.00

 

 

10.908516

 

16.04

 

4.00

 

 

22.585843

 

20.41

 

0.30

 

12/31/2018

 

70,950

 

4,726

 

0.69

 

 

9.400591

 

(8.63

)

4.00

 

 

18.756694

 

(5.17

)‡

0.30

 

12/31/2017

 

49,559

 

3,103

 

1.08

 

 

10.289035

 

12.15

 

4.00

 

 

18.923886

 

2.26

0.55

 

12/31/2016

 

21,326

 

1,543

 

0.01

 

 

9.174723

 

1.60

 

4.00

 

 

14.629811

 

4.47

 

1.20

 

JNL/American Funds Balanced Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

235

 

9

 

0.00

 

 

24.558701

 

11.66

 

0.65

 

 

27.681904

 

11.88

 

0.45

 

12/31/2019

 

220

 

9

 

0.00

 

 

21.995015

 

20.30

 

0.65

 

 

24.742667

 

20.54

 

0.45

 

12/31/2018+

 

41

 

2

 

3.86

 

 

18.282962

 

(2.22

)‡

0.65

 

 

20.525905

 

(4.21

)‡

0.45

 

JNL/American Funds Blue Chip Income and Growth Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

232,525

 

9,708

 

0.00

 

 

21.708818

 

5.78

 

2.46

 

 

27.330046

 

8.09

 

0.30

 

12/31/2019

 

239,318

 

10,667

 

0.00

 

 

20.521790

 

18.02

 

2.46

 

 

25.283736

 

20.60

 

0.30

 

12/31/2018

 

219,020

 

11,636

 

0.00

 

 

17.387785

 

(11.22

)

2.46

 

 

20.964812

 

(9.27

)

0.30

 

12/31/2017

 

248,290

 

11,830

 

0.00

 

 

19.585142

 

13.78

 

2.46

 

 

23.106933

 

14.17

0.30

 

12/31/2016

 

197,215

 

10,801

 

0.00

 

 

17.213313

 

15.47

 

2.46

 

 

18.719693

 

16.93

 

1.20

 

JNL/American Funds Blue Chip Income and Growth Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

1,066

 

38

 

0.00

 

 

26.289069

 

7.74

 

0.90

 

 

27.730258

 

0.97

0.40

 

12/31/2019

 

519

 

20

 

0.00

 

 

24.399629

 

7.63

0.90

 

 

26.348347

 

20.82

 

0.45

 

12/31/2018+

 

122

 

6

 

0.00

 

 

21.808438

 

(6.23

)‡

0.45

 

 

21.808438

 

(6.23

)‡

0.45

 

JNL/American Funds Capital Income Builder Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

10,450

 

937

 

0.00

 

 

10.944721

 

1.67

 

2.25

 

 

11.489968

 

3.98

 

0.00

 

12/31/2019

 

7,946

 

731

 

0.00

 

 

10.765128

 

13.66

2.25

 

 

11.050000

 

17.43

 

0.00

 

12/31/2018+

 

1,526

 

162

 

0.00

 

 

9.395818

 

(4.51

)‡

1.70

 

 

9.410000

 

(5.43

)‡

0.00

 

JNL/American Funds Capital Income Builder Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

110

 

10

 

0.00

 

 

11.459295

 

3.56

 

0.65

 

 

11.456404

 

3.76

 

0.45

 

12/31/2019

 

82

 

7

 

0.00

 

 

11.065864

 

5.67

0.65

 

 

11.040984

 

17.29

 

0.45

 

12/31/2018+

 

9

 

1

 

0.00

 

 

9.413801

 

(5.39

)‡

0.45

 

 

9.413801

 

(5.39

)‡

0.45

 

JNL/American Funds Capital World Bond Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

28,541

 

2,440

 

0.00

 

 

10.149999

 

6.51

 

2.81

 

 

13.264931

 

9.22

 

0.30

 

12/31/2019

 

28,096

 

2,594

 

0.00

 

 

9.529309

 

4.53

 

2.81

 

 

12.144985

 

7.19

 

0.30

 

12/31/2018

 

28,859

 

2,828

 

0.61

 

 

9.116305

 

(4.36

)

2.81

 

 

11.330523

 

(1.91

)

0.30

 

12/31/2017

 

27,352

 

2,601

 

0.33

 

 

9.531845

 

3.61

 

2.81

 

 

11.551505

 

5.84

0.30

 

12/31/2016

 

26,050

 

2,604

 

0.00

 

 

9.199416

 

(0.50

)

2.81

 

 

10.240755

 

1.11

 

1.20

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL/American Funds Balanced Fund - Class I - April 30, 2018; JNL/American Funds Blue Chip Income and Growth Fund - Class I - April 30, 2018; JNL/American Funds Capital Income Builder Fund - Class A - August 13, 2018; JNL/American Funds Capital Income Builder Fund - Class I - August 13, 2018.

*

These amounts represent the dividends, excluding distributions of capital gains, received by the Investment Division from the underlying Fund for the period indicated divided by the average net assets for the period indicated. In some instances, the investment income ratio may be rounded to 0.00% even though the Investment Division received dividend income from the Underlying Fund. The investment income ratio for Investment Divisions initially funded during the period presented have not been annualized.

§

For an Investment Division where no contact owner allocated net premiums during the period, the unit value represents the amount at which a contract owner could contribute to that Investment Division as of December 31, 2020.

Total return for period indicated, includes changes in the value of the underlying Fund, and reflects deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units, inclusion of these expenses in the calculation would result in a reduction in the total return presented. Total return for current Investment Divisions with no activity during the year is calculated based on the total return of the underlying Fund less expenses that are charged directly to that Investment Division of the Separate Account. See Note 3 in the Notes to Financial Statements for additional detail on expenses. Total return for current Investment Divisions with activity for a portion of the year is calculated based on the total return of the underlying Fund for the year less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the underlying Investment Division was initially added and funded or if the Investment Division was closed during the year.

^

Annualized contract expense of Investment Divisions of the Separate Account, consist primarily of mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Funds are excluded. If no contract owner elected to allocate net premiums to a specific Investment Division for the full period, the expense ratio or range of expense ratios represents the contractual expense ratio or range of expense ratios.

¥

Some investments have a net asset and ending unit balance of less than one thousand, due to rounding it is displayed as a zero.

Total return is calculated from the effective date or the date available for investment presented in (+) footnote through the end of the reporting period and is not annualized. The effective date is the date when the optional benefit in the variable account was elected by a contract owner.

See Notes to the Financial Statements.

137


N-VPFS138th “Page” of 183TOC1stPreviousNextBottomJust 138th
                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment Division Data

 

 

Highest Expense Ratio

 

 

Lowest Expense Ratio

 

 

 

 

Net Assets

 

Units Outstanding

 

Investment Income

 

 

Unit

 

Total

 

Ratio of

 

 

Unit

 

Total

 

Ratio of

 

Year ended

 

(in thousands)($)¥

 

(in thousands)¥

 

Ratio(%)*

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

JNL/American Funds Capital World Bond Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

51

 

4

 

0.00

 

 

13.124743

 

9.16

 

0.65

 

 

13.863376

 

9.38

 

0.45

 

12/31/2019

 

30

 

3

 

0.00

 

 

12.023437

 

1.20

0.65

 

 

12.673988

 

7.34

 

0.45

 

12/31/2018+

 

27

 

2

 

2.59

 

 

11.807275

 

(1.78

)‡

0.45

 

 

11.807275

 

(1.78

)‡

0.45

 

JNL/American Funds Global Growth Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

47,530

 

2,076

 

0.00

 

 

21.602939

 

10.04

2.05

 

 

25.085867

 

30.09

 

0.00

 

12/31/2019

 

28,703

 

1,604

 

0.00

 

 

17.003111

 

32.27

 

2.00

 

 

19.284081

 

34.95

 

0.00

 

12/31/2018

 

15,785

 

1,170

 

0.33

 

 

12.854504

 

(14.03

)‡

2.00

 

 

14.290153

 

(9.31

)

0.00

 

12/31/2017

 

11,479

 

761

 

0.70

 

 

14.935424

 

29.45

 

1.25

 

 

15.757266

 

27.18

0.00

 

12/31/2016

 

6,482

 

558

 

0.00

 

 

11.537266

 

(0.82

)

1.25

 

 

11.690078

 

(0.42

)

0.85

 

JNL/American Funds Global Growth Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

390

 

16

 

0.00

 

 

24.305805

 

29.57

 

0.65

 

 

23.124886

 

29.82

 

0.45

 

12/31/2019

 

335

 

18

 

0.00

 

 

18.759522

 

34.51

 

0.65

 

 

17.812442

 

34.78

 

0.45

 

12/31/2018+

 

71

 

5

 

1.53

 

 

13.946355

 

(13.52

)‡

0.65

 

 

13.215871

 

(11.48

)‡

0.45

 

JNL/American Funds Global Small Capitalization Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

53,109

 

2,335

 

0.00

 

 

20.271121

 

26.05

 

2.56

 

 

25.795260

 

28.93

 

0.30

 

12/31/2019

 

44,937

 

2,519

 

0.00

 

 

16.081681

 

27.78

 

2.56

 

 

20.006829

 

30.70

 

0.30

 

12/31/2018

 

35,574

 

2,579

 

0.11

 

 

12.585042

 

(13.04

)

2.56

 

 

15.306880

 

(11.04

)

0.30

 

12/31/2017

 

38,217

 

2,438

 

0.19

 

 

14.472391

 

22.36

 

2.56

 

 

17.206778

 

21.43

0.30

 

12/31/2016

 

29,090

 

2,299

 

0.00

 

 

11.827682

 

(0.81

)

2.56

 

 

12.949356

 

0.55

 

1.20

 

JNL/American Funds Global Small Capitalization Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

191

 

7

 

0.00

 

 

25.499856

 

28.94

 

0.65

 

 

26.932191

 

29.20

 

0.45

 

12/31/2019

 

124

 

6

 

0.00

 

 

19.776525

 

8.84

0.65

 

 

20.845645

 

30.85

 

0.45

 

12/31/2018+

 

26

 

2

 

0.70

 

 

15.930988

 

(12.14

)‡

0.45

 

 

15.930988

 

(12.14

)‡

0.45

 

JNL/American Funds Growth Allocation Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

182,000

 

8,638

 

0.00

 

 

16.625524

 

15.10

 

4.20

 

 

23.933335

 

20.04

 

0.00

 

12/31/2019

 

139,861

 

7,868

 

0.00

 

 

14.443881

 

5.35

4.20

 

 

19.937405

 

23.37

 

0.00

 

12/31/2018

 

105,778

 

7,216

 

0.00

 

 

13.406479

 

(8.54

)‡

2.80

 

 

16.161221

 

(5.39

)

0.00

 

12/31/2017

 

95,249

 

6,067

 

0.00

 

 

14.893066

 

17.73

 

2.42

 

 

17.081723

 

13.32

0.00

 

12/31/2016

 

60,576

 

4,592

 

0.00

 

 

12.650225

 

4.90

 

2.42

 

 

13.454302

 

6.29

 

1.10

 

JNL/American Funds Growth Allocation Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

622

 

27

 

0.00

 

 

23.027919

 

19.63

 

0.65

 

 

22.783477

 

19.88

 

0.45

 

12/31/2019

 

113

 

6

 

0.00

 

 

19.248838

 

22.91

 

0.65

 

 

19.005876

 

23.16

 

0.45

 

12/31/2018+

 

67

 

4

 

0.00

 

 

15.661396

 

(2.02

)‡

0.65

 

 

15.432372

 

(6.73

)‡

0.45

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL/American Funds Capital World Bond Fund - Class I - April 30, 2018; JNL/American Funds Global Growth Fund - Class I - April 30, 2018; JNL/American Funds Global Small Capitalization Fund - Class I - April 30, 2018; JNL/American Funds Growth Allocation Fund - Class I - April 30, 2018.

*

These amounts represent the dividends, excluding distributions of capital gains, received by the Investment Division from the underlying Fund for the period indicated divided by the average net assets for the period indicated. In some instances, the investment income ratio may be rounded to 0.00% even though the Investment Division received dividend income from the Underlying Fund. The investment income ratio for Investment Divisions initially funded during the period presented have not been annualized.

§

For an Investment Division where no contact owner allocated net premiums during the period, the unit value represents the amount at which a contract owner could contribute to that Investment Division as of December 31, 2020.

Total return for period indicated, includes changes in the value of the underlying Fund, and reflects deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units, inclusion of these expenses in the calculation would result in a reduction in the total return presented. Total return for current Investment Divisions with no activity during the year is calculated based on the total return of the underlying Fund less expenses that are charged directly to that Investment Division of the Separate Account. See Note 3 in the Notes to Financial Statements for additional detail on expenses. Total return for current Investment Divisions with activity for a portion of the year is calculated based on the total return of the underlying Fund for the year less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the underlying Investment Division was initially added and funded or if the Investment Division was closed during the year.

^

Annualized contract expense of Investment Divisions of the Separate Account, consist primarily of mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Funds are excluded. If no contract owner elected to allocate net premiums to a specific Investment Division for the full period, the expense ratio or range of expense ratios represents the contractual expense ratio or range of expense ratios.

¥

Some investments have a net asset and ending unit balance of less than one thousand, due to rounding it is displayed as a zero.

Total return is calculated from the effective date or the date available for investment presented in (+) footnote through the end of the reporting period and is not annualized. The effective date is the date when the optional benefit in the variable account was elected by a contract owner.

See Notes to the Financial Statements.

138


N-VPFS139th “Page” of 183TOC1stPreviousNextBottomJust 139th
                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment Division Data

 

 

Highest Expense Ratio

 

 

Lowest Expense Ratio

 

 

 

 

Net Assets

 

Units Outstanding

 

Investment Income

 

 

Unit

 

Total

 

Ratio of

 

 

Unit

 

Total

 

Ratio of

 

Year ended

 

(in thousands)($)¥

 

(in thousands)¥

 

Ratio(%)*

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

JNL/American Funds Growth Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

196,510

 

5,099

 

0.00

 

 

35.446581

 

48.15

 

2.30

 

 

43.501958

 

51.60

 

0.00

 

12/31/2019

 

86,756

 

3,361

 

0.00

 

 

23.925630

 

27.36

 

2.30

 

 

28.695198

 

30.32

 

0.00

 

12/31/2018

 

40,042

 

1,965

 

0.00

 

 

18.786502

 

(13.95

)‡

2.30

 

 

22.019254

 

(0.61

)

0.00

 

12/31/2017

 

27,868

 

1,336

 

0.00

 

 

20.580325

 

26.29

 

1.25

 

 

22.153666

 

23.67

0.00

 

12/31/2016

 

17,786

 

1,080

 

0.00

 

 

16.296136

 

7.68

 

1.25

 

 

16.618206

 

8.11

 

0.85

 

JNL/American Funds Growth Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

1,166

 

28

 

0.00

 

 

41.808168

 

51.05

 

0.65

 

 

42.749437

 

51.43

 

0.40

 

12/31/2019

 

366

 

13

 

0.00

 

 

27.678526

 

15.68

0.65

 

 

28.230990

 

30.23

 

0.40

 

12/31/2018+

 

193

 

9

 

0.00

 

 

21.308285

 

(5.25

)‡

0.45

 

 

21.677913

 

(11.12

)‡

0.40

 

JNL/American Funds Growth-Income Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

463,055

 

16,185

 

0.00

 

 

24.663099

 

9.98

 

2.80

 

 

33.248209

 

13.10

 

0.00

 

12/31/2019

 

427,858

 

16,701

 

0.00

 

 

22.425855

 

22.19

 

2.80

 

 

29.397385

 

25.66

 

0.00

 

12/31/2018

 

334,846

 

16,212

 

0.00

 

 

18.353938

 

(4.88

)

2.80

 

 

23.395266

 

(2.16

)

0.00

 

12/31/2017

 

312,996

 

14,627

 

0.00

 

 

19.294639

 

18.52

 

2.80

 

 

23.911582

 

18.56

0.00

 

12/31/2016

 

221,610

 

12,445

 

0.00

 

 

16.279809

 

3.70

2.80

 

 

18.539479

 

10.15

 

0.85

 

JNL/American Funds Growth-Income Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

3,252

 

99

 

0.00

 

 

31.795542

 

12.72

 

0.65

 

 

32.655090

 

13.01

 

0.40

 

12/31/2019

 

1,573

 

55

 

0.00

 

 

28.206779

 

25.22

 

0.65

 

 

28.896977

 

25.53

 

0.40

 

12/31/2018+

 

600

 

25

 

0.00

 

 

22.526657

 

(3.87

)‡

0.65

 

 

23.020233

 

(9.89

)‡

0.40

 

JNL/American Funds International Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

105,766

 

6,203

 

0.00

 

 

15.078742

 

10.65

 

2.60

 

 

19.886037

 

13.56

 

0.00

 

12/31/2019

 

104,569

 

6,872

 

0.00

 

 

13.627658

 

19.31

 

2.60

 

 

17.511911

 

22.45

 

0.00

 

12/31/2018

 

92,421

 

7,330

 

0.88

 

 

11.421698

 

(15.76

)

2.60

 

 

14.301205

 

(13.53

)

0.00

 

12/31/2017

 

102,065

 

6,906

 

0.70

 

 

13.558378

 

28.27

 

2.60

 

 

16.539298

 

26.87

0.00

 

12/31/2016

 

61,369

 

5,399

 

0.00

 

 

10.570100

 

0.46

 

2.60

 

 

11.873109

 

2.23

 

0.85

 

JNL/American Funds International Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

340

 

18

 

0.00

 

 

19.047295

 

13.19

 

0.65

 

 

20.117462

 

13.42

 

0.45

 

12/31/2019

 

275

 

16

 

0.00

 

 

16.827274

 

22.01

 

0.65

 

 

17.737188

 

22.26

 

0.45

 

12/31/2018+

 

225

 

16

 

2.91

 

 

13.791186

 

(1.64

)‡

0.65

 

 

14.507635

 

(14.78

)‡

0.45

 

JNL/American Funds Moderate Growth Allocation Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

163,117

 

8,959

 

0.00

 

 

14.329284

 

12.49

 

4.20

 

 

20.627709

 

17.32

 

0.00

 

12/31/2019

 

147,102

 

9,353

 

0.00

 

 

12.737887

 

3.87

4.20

 

 

17.582562

 

18.65

 

0.00

 

12/31/2018

 

121,943

 

9,076

 

0.00

 

 

12.292972

 

(6.82

)‡

2.80

 

 

14.818989

 

(4.57

)

0.00

 

12/31/2017

 

119,720

 

8,393

 

0.00

 

 

13.537405

 

10.15

2.42

 

 

15.528133

 

10.05

0.00

 

12/31/2016

 

89,820

 

7,191

 

0.00

 

 

12.001707

 

4.81

 

2.40

 

 

12.660686

 

6.01

 

1.25

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL/American Funds Growth Fund - Class I - April 30, 2018; JNL/American Funds Growth-Income Fund - Class I - April 30, 2018; JNL/American Funds International Fund - Class I - April 30, 2018.

*

These amounts represent the dividends, excluding distributions of capital gains, received by the Investment Division from the underlying Fund for the period indicated divided by the average net assets for the period indicated. In some instances, the investment income ratio may be rounded to 0.00% even though the Investment Division received dividend income from the Underlying Fund. The investment income ratio for Investment Divisions initially funded during the period presented have not been annualized.

§

For an Investment Division where no contact owner allocated net premiums during the period, the unit value represents the amount at which a contract owner could contribute to that Investment Division as of December 31, 2020.

Total return for period indicated, includes changes in the value of the underlying Fund, and reflects deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units, inclusion of these expenses in the calculation would result in a reduction in the total return presented. Total return for current Investment Divisions with no activity during the year is calculated based on the total return of the underlying Fund less expenses that are charged directly to that Investment Division of the Separate Account. See Note 3 in the Notes to Financial Statements for additional detail on expenses. Total return for current Investment Divisions with activity for a portion of the year is calculated based on the total return of the underlying Fund for the year less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the underlying Investment Division was initially added and funded or if the Investment Division was closed during the year.

^

Annualized contract expense of Investment Divisions of the Separate Account, consist primarily of mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Funds are excluded. If no contract owner elected to allocate net premiums to a specific Investment Division for the full period, the expense ratio or range of expense ratios represents the contractual expense ratio or range of expense ratios.

¥

Some investments have a net asset and ending unit balance of less than one thousand, due to rounding it is displayed as a zero.

Total return is calculated from the effective date or the date available for investment presented in (+) footnote through the end of the reporting period and is not annualized. The effective date is the date when the optional benefit in the variable account was elected by a contract owner.

See Notes to the Financial Statements.

139


N-VPFS140th “Page” of 183TOC1stPreviousNextBottomJust 140th
                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment Division Data

 

 

Highest Expense Ratio

 

 

Lowest Expense Ratio

 

 

 

 

Net Assets

 

Units Outstanding

 

Investment Income

 

 

Unit

 

Total

 

Ratio of

 

 

Unit

 

Total

 

Ratio of

 

Year ended

 

(in thousands)($)¥

 

(in thousands)¥

 

Ratio(%)*

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

JNL/American Funds Moderate Growth Allocation Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

854

 

43

 

0.00

 

 

19.840854

 

1.30

0.65

 

 

19.688250

 

17.14

 

0.45

 

12/31/2019

 

56

 

3

 

0.00

 

 

16.807533

 

18.46

 

0.45

 

 

16.807533

 

18.46

 

0.45

 

12/31/2018+

 

 

 

0.00

 

 

14.188945

 

(5.03

)‡

0.45

 

 

14.188945

 

(5.03

)‡

0.45

 

JNL/American Funds New World Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

92,284

 

5,268

 

0.00

 

 

11.430569

 

16.47

 

5.50

 

 

20.555056

 

49.92

0.00

 

12/31/2019

 

78,394

 

5,436

 

0.00

 

 

9.814195

 

21.80

 

5.50

 

 

16.226364

 

28.30

 

0.30

 

12/31/2018

 

60,970

 

5,366

 

0.55

 

 

8.057669

 

(17.52

)‡

5.50

 

 

12.647117

 

(14.67

)

0.30

 

12/31/2017

 

65,835

 

4,889

 

0.32

 

 

11.378199

 

11.53

3.75

 

 

14.821712

 

24.52

0.30

 

12/31/2016

 

42,808

 

4,039

 

0.00

 

 

9.922050

 

2.27

 

2.56

 

 

10.862749

 

3.67

 

1.20

 

JNL/American Funds New World Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

632

 

31

 

0.00

 

 

19.679144

 

22.64

 

0.65

 

 

20.784458

 

22.89

 

0.45

 

12/31/2019

 

300

 

18

 

0.00

 

 

16.046173

 

14.37

0.65

 

 

16.913545

 

28.42

 

0.45

 

12/31/2018+

 

56

 

4

 

1.64

 

 

13.170323

 

(14.49

)‡

0.45

 

 

13.170323

 

(14.49

)‡

0.45

 

JNL/AQR Large Cap Defensive Style Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

5,789

 

494

 

0.00

 

 

11.548805

 

9.23

 

2.30

 

 

11.960000

 

11.78

 

0.00

 

12/31/2019+

 

2,946

 

278

 

0.00

 

 

10.572458

 

5.04

2.30

 

 

10.700000

 

7.00

0.00

 

JNL/AQR Large Cap Defensive Style Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

29

 

2

 

0.00

 

 

11.928123

 

11.63

 

0.45

 

 

11.928123

 

11.63

 

0.45

 

12/31/2019+

 

 

 

0.00

 

 

10.684941

 

6.85

0.45

 

 

10.684941

 

6.85

0.45

 

JNL/AQR Large Cap Relaxed Constraint Equity Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

29,956

 

1,557

 

0.00

 

 

16.046829

 

8.22

 

2.81

 

 

23.754553

 

11.30

 

0.00

 

12/31/2019

 

33,467

 

1,908

 

0.00

 

 

14.828382

 

22.45

 

2.81

 

 

21.342601

 

25.94

 

0.00

 

12/31/2018

 

32,323

 

2,295

 

0.44

 

 

12.110074

 

(15.77

)

2.81

 

 

16.947136

 

(13.36

)

0.00

 

12/31/2017

 

40,566

 

2,457

 

0.61

 

 

14.378114

 

19.58

 

2.81

 

 

19.560512

 

21.01

0.00

 

12/31/2016

 

32,788

 

2,402

 

0.31

 

 

12.023454

 

4.95

 

2.81

 

 

14.614115

 

7.02

 

0.85

 

JNL/AQR Large Cap Relaxed Constraint Equity Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

 

 

0.00

 

 

24.161252

 

11.10

 

0.45

 

 

24.161252

 

11.10

 

0.45

 

12/31/2019

 

 

 

0.00

 

 

21.746366

 

25.82

 

0.45

 

 

21.746366

 

25.82

 

0.45

 

12/31/2018+

 

 

 

0.00

 

 

17.284227

 

(11.24

)‡

0.45

 

 

17.284227

 

(11.24

)‡

0.45

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL/American Funds Moderate Growth Allocation Fund - Class I - April 30, 2018; JNL/American Funds New World Fund - Class I - April 30, 2018; JNL/AQR Large Cap Defensive Style Fund - Class A - June 24, 2019; JNL/AQR Large Cap Defensive Style Fund - Class I - June 24, 2019; JNL/AQR Large Cap Relaxed Constraint Equity Fund - Class I - April 30, 2018.

*

These amounts represent the dividends, excluding distributions of capital gains, received by the Investment Division from the underlying Fund for the period indicated divided by the average net assets for the period indicated. In some instances, the investment income ratio may be rounded to 0.00% even though the Investment Division received dividend income from the Underlying Fund. The investment income ratio for Investment Divisions initially funded during the period presented have not been annualized.

§

For an Investment Division where no contact owner allocated net premiums during the period, the unit value represents the amount at which a contract owner could contribute to that Investment Division as of December 31, 2020.

Total return for period indicated, includes changes in the value of the underlying Fund, and reflects deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units, inclusion of these expenses in the calculation would result in a reduction in the total return presented. Total return for current Investment Divisions with no activity during the year is calculated based on the total return of the underlying Fund less expenses that are charged directly to that Investment Division of the Separate Account. See Note 3 in the Notes to Financial Statements for additional detail on expenses. Total return for current Investment Divisions with activity for a portion of the year is calculated based on the total return of the underlying Fund for the year less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the underlying Investment Division was initially added and funded or if the Investment Division was closed during the year.

^

Annualized contract expense of Investment Divisions of the Separate Account, consist primarily of mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Funds are excluded. If no contract owner elected to allocate net premiums to a specific Investment Division for the full period, the expense ratio or range of expense ratios represents the contractual expense ratio or range of expense ratios.

¥

Some investments have a net asset and ending unit balance of less than one thousand, due to rounding it is displayed as a zero.

Total return is calculated from the effective date or the date available for investment presented in (+) footnote through the end of the reporting period and is not annualized. The effective date is the date when the optional benefit in the variable account was elected by a contract owner.

See Notes to the Financial Statements.

140


N-VPFS141st “Page” of 183TOC1stPreviousNextBottomJust 141st
                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment Division Data

 

 

Highest Expense Ratio

 

 

Lowest Expense Ratio

 

 

 

 

Net Assets

 

Units Outstanding

 

Investment Income

 

 

Unit

 

Total

 

Ratio of

 

 

Unit

 

Total

 

Ratio of

 

Year ended

 

(in thousands)($)¥

 

(in thousands)¥

 

Ratio(%)*

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

JNL/AQR Managed Futures Strategy Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

6,845

 

788

 

0.00

 

 

7.713498

 

(4.22

)

2.32

 

 

9.579559

 

(1.97

)

0.00

 

12/31/2019

 

8,348

 

932

 

0.00

 

 

8.053500

 

(2.16

)

2.32

 

 

9.772439

 

0.13

 

0.00

 

12/31/2018

 

9,523

 

1,054

 

0.00

 

 

8.231682

 

(11.41

)

2.32

 

 

9.759578

 

(9.32

)

0.00

 

12/31/2017

 

11,307

 

1,123

 

0.00

 

 

9.291875

 

(3.55

)

2.32

 

 

10.762580

 

(1.88

)‡

0.00

 

12/31/2016

 

13,526

 

1,313

 

4.15

 

 

9.634346

 

(10.66

)

2.32

 

 

10.420820

 

(9.34

)

0.85

 

JNL/BlackRock Advantage International Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

967

 

87

 

0.56

 

 

11.010761

 

4.97

1.75

 

 

11.307697

 

6.82

 

0.00

 

12/31/2019+

 

97

 

9

 

1.22

 

 

10.494789

 

11.30

1.65

 

 

10.585402

 

5.85

0.00

 

JNL/BlackRock Advantage International Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

36

 

3

 

0.76

 

 

11.286305

 

6.71

 

0.45

 

 

11.286305

 

6.71

 

0.45

 

12/31/2019+

 

7

 

1

 

2.29

 

 

10.577025

 

5.77

0.45

 

 

10.577025

 

5.77

0.45

 

JNL/BlackRock Global Allocation Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

184,148

 

11,091

 

0.00

 

 

14.762765

 

15.93

 

2.56

 

 

19.178863

 

18.94

 

0.00

 

12/31/2019

 

175,605

 

12,403

 

0.00

 

 

12.734106

 

14.73

 

2.56

 

 

16.125218

 

17.71

 

0.00

 

12/31/2018

 

165,827

 

13,603

 

0.70

 

 

11.098800

 

(9.97

)

2.56

 

 

13.699175

 

(7.62

)

0.00

 

12/31/2017

 

190,065

 

14,207

 

1.58

 

 

12.327659

 

10.96

 

2.56

 

 

14.829178

 

12.14

0.00

 

12/31/2016

 

175,942

 

14,784

 

0.39

 

 

11.109566

 

1.35

 

2.56

 

 

12.355962

 

3.09

 

0.85

 

JNL/BlackRock Global Allocation Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

97

 

6

 

0.00

 

 

18.364999

 

18.46

 

0.65

 

 

19.340897

 

18.70

 

0.45

 

12/31/2019

 

82

 

6

 

0.00

 

 

15.503390

 

10.00

0.65

 

 

16.294561

 

17.55

 

0.45

 

12/31/2018+

 

10

 

1

 

0.00

 

 

13.862154

 

(6.73

)‡

0.45

 

 

13.862154

 

(6.73

)‡

0.45

 

JNL/BlackRock Global Natural Resources Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

46,862

 

5,853

 

0.00

 

 

6.336397

 

1.15

 

3.06

 

 

9.712378

 

4.29

 

0.00

 

12/31/2019

 

39,911

 

5,168

 

0.00

 

 

6.264276

 

11.33

 

3.06

 

 

9.312459

 

14.79

 

0.00

 

12/31/2018

 

38,329

 

5,618

 

1.93

 

 

5.626800

 

(19.77

)

3.06

 

 

8.112624

 

(17.27

)

0.00

 

12/31/2017

 

50,474

 

6,047

 

0.92

 

 

7.013664

 

(5.82

)

3.06

 

 

9.805772

 

(3.22

)‡

0.00

 

12/31/2016

 

57,142

 

6,565

 

0.78

 

 

7.447066

 

22.72

 

3.06

 

 

9.279231

 

25.46

 

0.85

 

JNL/BlackRock Global Natural Resources Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

0

 

0

 

0.00

 

 

9.403735

 

4.15

 

0.45

 

 

9.403735

 

4.15

 

0.45

 

12/31/2019

 

 

 

0.00

 

 

9.029379

 

8.32

0.45

 

 

9.029379

 

8.32

0.45

 

12/31/2018+

 

 

 

0.00

 

 

0.000000

 

0.00

0.00

 

 

0.000000

 

0.00

0.00

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL/BlackRock Advantage International Fund - Class A - June 24, 2019; JNL/BlackRock Advantage International Fund - Class I - June 24, 2019; JNL/BlackRock Global Allocation Fund - Class I - April 30, 2018; JNL/BlackRock Global Natural Resources Fund - Class I - August 13, 2018.

*

These amounts represent the dividends, excluding distributions of capital gains, received by the Investment Division from the underlying Fund for the period indicated divided by the average net assets for the period indicated. In some instances, the investment income ratio may be rounded to 0.00% even though the Investment Division received dividend income from the Underlying Fund. The investment income ratio for Investment Divisions initially funded during the period presented have not been annualized.

§

For an Investment Division where no contact owner allocated net premiums during the period, the unit value represents the amount at which a contract owner could contribute to that Investment Division as of December 31, 2020.

Total return for period indicated, includes changes in the value of the underlying Fund, and reflects deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units, inclusion of these expenses in the calculation would result in a reduction in the total return presented. Total return for current Investment Divisions with no activity during the year is calculated based on the total return of the underlying Fund less expenses that are charged directly to that Investment Division of the Separate Account. See Note 3 in the Notes to Financial Statements for additional detail on expenses. Total return for current Investment Divisions with activity for a portion of the year is calculated based on the total return of the underlying Fund for the year less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the underlying Investment Division was initially added and funded or if the Investment Division was closed during the year.

^

Annualized contract expense of Investment Divisions of the Separate Account, consist primarily of mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Funds are excluded. If no contract owner elected to allocate net premiums to a specific Investment Division for the full period, the expense ratio or range of expense ratios represents the contractual expense ratio or range of expense ratios.

¥

Some investments have a net asset and ending unit balance of less than one thousand, due to rounding it is displayed as a zero.

Total return is calculated from the effective date or the date available for investment presented in (+) footnote through the end of the reporting period and is not annualized. The effective date is the date when the optional benefit in the variable account was elected by a contract owner.

See Notes to the Financial Statements.

141


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JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment Division Data

 

 

Highest Expense Ratio

 

 

Lowest Expense Ratio

 

 

 

 

Net Assets

 

Units Outstanding

 

Investment Income

 

 

Unit

 

Total

 

Ratio of

 

 

Unit

 

Total

 

Ratio of

 

Year ended

 

(in thousands)($)¥

 

(in thousands)¥

 

Ratio(%)*

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

JNL/BlackRock Large Cap Select Growth Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

342,588

 

3,485

 

0.00

 

 

67.916317

 

34.40

 

2.95

 

 

144.697825

 

41.12

0.00

 

12/31/2019

 

235,864

 

3,296

 

0.00

 

 

50.532403

 

28.46

 

2.95

 

 

97.078302

 

31.90

 

0.30

 

12/31/2018

 

168,776

 

3,097

 

0.00

 

 

39.337835

 

(1.09

)

2.95

 

 

73.597577

 

1.58

0.30

 

12/31/2017

 

147,933

 

2,748

 

0.00

 

 

39.772544

 

29.75

 

2.95

 

 

68.467040

 

5.43

0.55

 

12/31/2016

 

107,743

 

2,655

 

0.00

 

 

30.654047

 

(2.46

)

2.95

 

 

44.764329

 

(0.75

)

1.20

 

JNL/BlackRock Large Cap Select Growth Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

2,333

 

16

 

0.00

 

 

130.609905

 

37.95

 

0.65

 

 

139.258459

 

38.29

 

0.40

 

12/31/2019

 

758

 

7

 

0.00

 

 

94.679703

 

28.70

0.65

 

 

100.697030

 

32.20

 

0.40

 

12/31/2018+

 

192

 

2

 

0.00

 

 

83.249802

 

(5.56

)‡

0.45

 

 

76.169026

 

(12.07

)‡

0.40

 

JNL/Boston Partners Global Long Short Equity Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

2,865

 

285

 

0.00

 

 

9.538229

 

(2.32

)‡

2.05

 

 

10.852041

 

(0.30

)

0.00

 

12/31/2019

 

2,281

 

222

 

0.00

 

 

9.973614

 

3.12

 

1.65

 

 

10.884336

 

4.84

 

0.00

 

12/31/2018

 

2,051

 

206

 

0.00

 

 

9.671423

 

(7.42

)‡

1.65

 

 

10.381848

 

(9.51

)

0.00

 

12/31/2017

 

2,008

 

181

 

0.00

 

 

11.011249

 

6.35

 

1.25

 

 

11.473191

 

7.16

0.00

 

12/31/2016

 

1,700

 

163

 

0.00

 

 

10.353723

 

0.69

 

1.25

 

 

10.449005

 

1.10

 

0.85

 

JNL/Boston Partners Global Long Short Equity Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

125

 

12

 

0.00

 

 

10.429025

 

(0.45

)

0.45

 

 

10.429025

 

(0.45

)

0.45

 

12/31/2019

 

70

 

7

 

0.00

 

 

10.476055

 

4.65

 

0.45

 

 

10.476055

 

4.65

 

0.45

 

12/31/2018+

 

65

 

6

 

0.00

 

 

10.010500

 

(7.32

)‡

0.45

 

 

10.010500

 

(7.32

)‡

0.45

 

JNL/Causeway International Value Select Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

42,356

 

2,645

 

4.76

 

 

9.691792

 

2.08

 

3.67

 

 

22.408637

 

5.89

 

0.00

 

12/31/2019

 

41,381

 

2,697

 

2.87

 

 

9.494478

 

14.69

 

3.67

 

 

21.161334

 

18.97

 

0.00

 

12/31/2018

 

38,422

 

2,944

 

1.61

 

 

8.278617

 

(20.50

)

3.67

 

 

17.786489

 

(17.51

)

0.00

 

12/31/2017

 

43,675

 

2,724

 

1.05

 

 

10.413248

 

23.85

 

3.67

 

 

21.562141

 

23.61

0.00

 

12/31/2016

 

33,489

 

2,654

 

1.20

 

 

8.407950

 

(3.59

)

3.67

 

 

13.901670

 

4.91

1.00

 

JNL/Causeway International Value Select Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

48

 

2

 

3.66

 

 

23.209000

 

5.75

 

0.45

 

 

23.209000

 

5.75

 

0.45

 

12/31/2019

 

58

 

3

 

3.72

 

 

21.946289

 

18.76

 

0.45

 

 

21.946289

 

18.76

 

0.45

 

12/31/2018+

 

4

 

0

 

0.00

 

 

18.479208

 

(16.51

)‡

0.45

 

 

18.479208

 

(16.51

)‡

0.45

 

JNL/ClearBridge Large Cap Growth Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

47,829

 

2,690

 

0.00

 

 

17.173029

 

27.33

 

2.46

 

 

18.608217

 

30.50

 

0.00

 

12/31/2019

 

28,922

 

2,093

 

0.00

 

 

13.486651

 

28.47

 

2.46

 

 

14.258641

 

31.66

 

0.00

 

12/31/2018

 

6,289

 

591

 

0.00

 

 

10.497771

 

(2.62

)

2.46

 

 

10.829991

 

(0.18

)

0.00

 

12/31/2017+

 

572

 

53

 

0.00

 

 

10.780684

 

(0.99

)‡

2.46

 

 

10.850000

 

8.50

0.00

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL/BlackRock Large Cap Select Growth Fund - Class I - April 30, 2018; JNL/Boston Partners Global Long Short Equity Fund - Class I - April 30, 2018; JNL/Causeway International Value Select Fund - Class I - April 30, 2018; JNL/ClearBridge Large Cap Growth Fund - Class A - September 25, 2017.

*

These amounts represent the dividends, excluding distributions of capital gains, received by the Investment Division from the underlying Fund for the period indicated divided by the average net assets for the period indicated. In some instances, the investment income ratio may be rounded to 0.00% even though the Investment Division received dividend income from the Underlying Fund. The investment income ratio for Investment Divisions initially funded during the period presented have not been annualized.

§

For an Investment Division where no contact owner allocated net premiums during the period, the unit value represents the amount at which a contract owner could contribute to that Investment Division as of December 31, 2020.

Total return for period indicated, includes changes in the value of the underlying Fund, and reflects deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units, inclusion of these expenses in the calculation would result in a reduction in the total return presented. Total return for current Investment Divisions with no activity during the year is calculated based on the total return of the underlying Fund less expenses that are charged directly to that Investment Division of the Separate Account. See Note 3 in the Notes to Financial Statements for additional detail on expenses. Total return for current Investment Divisions with activity for a portion of the year is calculated based on the total return of the underlying Fund for the year less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the underlying Investment Division was initially added and funded or if the Investment Division was closed during the year.

^

Annualized contract expense of Investment Divisions of the Separate Account, consist primarily of mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Funds are excluded. If no contract owner elected to allocate net premiums to a specific Investment Division for the full period, the expense ratio or range of expense ratios represents the contractual expense ratio or range of expense ratios.

¥

Some investments have a net asset and ending unit balance of less than one thousand, due to rounding it is displayed as a zero.

Total return is calculated from the effective date or the date available for investment presented in (+) footnote through the end of the reporting period and is not annualized. The effective date is the date when the optional benefit in the variable account was elected by a contract owner.

See Notes to the Financial Statements.

142


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JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment Division Data

 

 

Highest Expense Ratio

 

 

Lowest Expense Ratio

 

 

 

 

Net Assets

 

Units Outstanding

 

Investment Income

 

 

Unit

 

Total

 

Ratio of

 

 

Unit

 

Total

 

Ratio of

 

Year ended

 

(in thousands)($)¥

 

(in thousands)¥

 

Ratio(%)*

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

JNL/ClearBridge Large Cap Growth Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

650

 

35

 

0.00

 

 

18.385863

 

30.11

 

0.65

 

 

18.536271

 

30.44

 

0.40

 

12/31/2019

 

358

 

25

 

0.00

 

 

14.130593

 

31.07

 

0.65

 

 

14.210628

 

31.40

 

0.40

 

12/31/2018+

 

152

 

14

 

0.00

 

 

10.780966

 

(3.06

)‡

0.65

 

 

10.815106

 

(13.09

)‡

0.40

 

JNL/DFA Growth Allocation Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

15,981

 

1,259

 

1.53

 

 

12.433816

 

8.51

 

1.90

 

 

12.924656

 

16.69

0.85

 

12/31/2019

 

12,656

 

1,089

 

1.55

 

 

11.459041

 

19.17

 

1.90

 

 

11.739679

 

20.25

 

1.00

 

12/31/2018

 

7,640

 

787

 

0.00

 

 

9.615641

 

(12.34

)

1.90

 

 

9.762919

 

(11.54

)

1.00

 

12/31/2017+

 

2,240

 

204

 

6.46

 

 

10.969135

 

5.77

1.90

 

 

11.036799

 

9.24

1.00

 

JNL/DFA Growth Allocation Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

51

 

4

 

1.75

 

 

13.159050

 

10.20

 

0.65

 

 

13.406807

 

10.42

 

0.45

 

12/31/2019

 

44

 

4

 

1.54

 

 

11.940887

 

21.06

 

0.65

 

 

12.141457

 

21.30

 

0.45

 

12/31/2018+

 

37

 

4

 

0.00

 

 

9.863824

 

(0.63

)‡

0.65

 

 

10.009384

 

(9.73

)‡

0.45

 

JNL/DFA International Core Equity Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

1,714

 

151

 

0.76

 

 

11.243303

 

6.81

1.90

 

 

11.573398

 

6.96

 

0.00

 

12/31/2019+

 

762

 

71

 

0.00

 

 

10.727453

 

11.21

1.65

 

 

10.820000

 

8.20

0.00

 

JNL/DFA International Core Equity Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

74

 

6

 

5.28

 

 

11.557285

 

6.87

 

0.45

 

 

11.557285

 

6.87

 

0.45

 

12/31/2019+

 

 

 

0.00

 

 

10.814640

 

8.15

0.45

 

 

10.814640

 

8.15

0.45

 

JNL/DFA Moderate Growth Allocation Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

12,667

 

1,017

 

1.37

 

 

12.193133

 

8.08

 

1.90

 

 

12.674467

 

13.56

0.85

 

12/31/2019

 

11,325

 

989

 

1.62

 

 

11.281949

 

16.17

 

1.90

 

 

11.558186

 

17.22

 

1.00

 

12/31/2018

 

8,345

 

851

 

0.00

 

 

9.711827

 

(9.67

)

1.90

 

 

9.860479

 

(8.85

)

1.00

 

12/31/2017+

 

5,190

 

481

 

4.69

 

 

10.751452

 

4.35

1.90

 

 

10.817653

 

6.13

1.00

 

JNL/DFA Moderate Growth Allocation Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

 

 

0.00

 

 

13.151206

 

10.04

 

0.45

 

 

13.151206

 

10.04

 

0.45

 

12/31/2019

 

 

 

0.00

 

 

11.951007

 

18.23

 

0.45

 

 

11.951007

 

18.23

 

0.45

 

12/31/2018+

 

 

 

0.00

 

 

10.108200

 

(6.96

)‡

0.45

 

 

10.108200

 

(6.96

)‡

0.45

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL/ClearBridge Large Cap Growth Fund - Class I - April 30, 2018; JNL/DFA Growth Allocation Fund - Class A - April 24, 2017; JNL/DFA Growth Allocation Fund - Class I - April 30, 2018; JNL/DFA International Core Equity Fund - Class A - June 24, 2019; JNL/DFA International Core Equity Fund - Class I - June 24, 2019; JNL/DFA Moderate Growth Allocation Fund - Class A - April 24, 2017; JNL/DFA Moderate Growth Allocation Fund - Class I - April 30, 2018.

*

These amounts represent the dividends, excluding distributions of capital gains, received by the Investment Division from the underlying Fund for the period indicated divided by the average net assets for the period indicated. In some instances, the investment income ratio may be rounded to 0.00% even though the Investment Division received dividend income from the Underlying Fund. The investment income ratio for Investment Divisions initially funded during the period presented have not been annualized.

§

For an Investment Division where no contact owner allocated net premiums during the period, the unit value represents the amount at which a contract owner could contribute to that Investment Division as of December 31, 2020.

Total return for period indicated, includes changes in the value of the underlying Fund, and reflects deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units, inclusion of these expenses in the calculation would result in a reduction in the total return presented. Total return for current Investment Divisions with no activity during the year is calculated based on the total return of the underlying Fund less expenses that are charged directly to that Investment Division of the Separate Account. See Note 3 in the Notes to Financial Statements for additional detail on expenses. Total return for current Investment Divisions with activity for a portion of the year is calculated based on the total return of the underlying Fund for the year less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the underlying Investment Division was initially added and funded or if the Investment Division was closed during the year.

^

Annualized contract expense of Investment Divisions of the Separate Account, consist primarily of mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Funds are excluded. If no contract owner elected to allocate net premiums to a specific Investment Division for the full period, the expense ratio or range of expense ratios represents the contractual expense ratio or range of expense ratios.

¥

Some investments have a net asset and ending unit balance of less than one thousand, due to rounding it is displayed as a zero.

Total return is calculated from the effective date or the date available for investment presented in (+) footnote through the end of the reporting period and is not annualized. The effective date is the date when the optional benefit in the variable account was elected by a contract owner.

See Notes to the Financial Statements.

143


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JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment Division Data

 

 

Highest Expense Ratio

 

 

Lowest Expense Ratio

 

 

 

 

Net Assets

 

Units Outstanding

 

Investment Income

 

 

Unit

 

Total

 

Ratio of

 

 

Unit

 

Total

 

Ratio of

 

Year ended

 

(in thousands)($)¥

 

(in thousands)¥

 

Ratio(%)*

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

JNL/DFA U.S. Core Equity Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

68,884

 

1,519

 

0.00

 

 

27.710359

 

11.93

 

3.45

 

 

63.994011

 

15.85

 

0.00

 

12/31/2019

 

70,508

 

1,773

 

0.00

 

 

24.757122

 

25.16

 

3.45

 

 

55.237664

 

29.55

 

0.00

 

12/31/2018

 

55,419

 

1,781

 

0.92

 

 

19.780636

 

(10.89

)

3.45

 

 

42.639600

 

(7.75

)

0.00

 

12/31/2017

 

62,241

 

1,831

 

0.89

 

 

22.199175

 

16.17

 

3.45

 

 

46.223769

 

18.81

0.00

 

12/31/2016

 

50,897

 

1,782

 

1.02

 

 

19.109916

 

10.17

 

3.45

 

 

32.354345

 

13.06

 

0.85

 

JNL/DFA U.S. Core Equity Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

173

 

3

 

0.00

 

 

57.697765

 

15.55

 

0.65

 

 

66.586587

 

15.78

 

0.45

 

12/31/2019

 

132

 

2

 

0.00

 

 

49.933233

 

29.15

 

0.65

 

 

57.510538

 

29.41

 

0.45

 

12/31/2018+

 

24

 

1

 

0.00

 

 

38.662883

 

(1.68

)‡

0.65

 

 

44.440987

 

(7.29

)‡

0.45

 

JNL/DFA U.S. Small Cap Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

15,870

 

757

 

0.00

 

 

19.364631

 

10.66

 

2.25

 

 

23.345849

 

13.18

 

0.00

 

12/31/2019

 

9,695

 

512

 

0.49

 

 

17.498801

 

12.36

2.25

 

 

20.627155

 

21.36

 

0.00

 

12/31/2018

 

5,251

 

330

 

0.40

 

 

15.171723

 

(19.93

)‡

1.80

 

 

16.996642

 

(13.68

)

0.00

 

12/31/2017

 

3,955

 

212

 

0.22

 

 

18.427749

 

8.79

 

1.25

 

 

19.689788

 

12.47

0.00

 

12/31/2016

 

2,898

 

170

 

0.17

 

 

16.938951

 

25.18

 

1.25

 

 

17.232673

 

25.68

 

0.85

 

JNL/DFA U.S. Small Cap Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

1,052

 

52

 

0.00

 

 

12.201795

 

13.03

 

0.45

 

 

23.000300

 

14.07

0.40

 

12/31/2019

 

22

 

2

 

1.52

 

 

10.794894

 

21.26

 

0.45

 

 

10.794894

 

21.26

 

0.45

 

12/31/2018+

 

5

 

1

 

1.55

 

 

8.902580

 

(12.70

)‡

0.45

 

 

8.902580

 

(12.70

)‡

0.45

 

JNL/DoubleLine Core Fixed Income Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

191,900

 

8,577

 

0.00

 

 

8.841125

 

(0.54

)

5.50

 

 

31.064881

 

5.09

 

0.00

 

12/31/2019

 

202,863

 

9,405

 

2.65

 

 

8.888847

 

2.04

 

5.50

 

 

29.561036

 

7.81

 

0.00

 

12/31/2018

 

205,261

 

10,152

 

1.00

 

 

8.710993

 

(2.70

)‡

5.50

 

 

27.419048

 

(0.45

)

0.00

 

12/31/2017

 

230,203

 

11,211

 

0.34

 

 

12.458107

 

1.27

 

4.00

 

 

27.541919

 

4.97

0.00

 

12/31/2016

 

222,921

 

11,316

 

0.39

 

 

12.301830

 

(1.29

)

4.00

 

 

22.265574

 

1.86

 

0.85

 

JNL/DoubleLine Core Fixed Income Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

835

 

28

 

0.00

 

 

28.111746

 

4.65

 

0.65

 

 

32.136726

 

4.86

 

0.45

 

12/31/2019

 

268

 

10

 

4.63

 

 

26.861458

 

1.37

0.65

 

 

30.646072

 

7.75

 

0.45

 

12/31/2018+

 

42

 

1

 

3.67

 

 

28.443038

 

0.84

0.45

 

 

28.443038

 

0.84

0.45

 

JNL/DoubleLine Emerging Markets Fixed Income Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

10,837

 

918

 

0.00

 

 

11.270070

 

15.33

2.30

 

 

12.555498

 

3.04

 

0.00

 

12/31/2019

 

2,299

 

197

 

0.00

 

 

11.215343

 

1.52

2.25

 

 

12.185008

 

11.38

 

0.00

 

12/31/2018

 

1,234

 

116

 

0.00

 

 

10.423412

 

(0.62

)‡

1.80

 

 

10.939750

 

(2.81

)

0.00

 

12/31/2017

 

748

 

68

 

0.70

 

 

11.021847

 

5.97

 

1.25

 

 

11.255478

 

6.59

0.00

 

12/31/2016+

 

306

 

29

 

0.00

 

 

10.401099

 

3.77

1.25

 

 

10.429403

 

(1.23

)‡

0.85

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL/DFA U.S. Core Equity Fund - Class I - April 30, 2018; JNL/DFA U.S. Small Cap Fund - Class I - April 30, 2018; JNL/DoubleLine Core Fixed Income Fund - Class I - April 30, 2018; JNL/DoubleLine Emerging Markets Fixed Income Fund - Class A - April 25, 2016.

*

These amounts represent the dividends, excluding distributions of capital gains, received by the Investment Division from the underlying Fund for the period indicated divided by the average net assets for the period indicated. In some instances, the investment income ratio may be rounded to 0.00% even though the Investment Division received dividend income from the Underlying Fund. The investment income ratio for Investment Divisions initially funded during the period presented have not been annualized.

§

For an Investment Division where no contact owner allocated net premiums during the period, the unit value represents the amount at which a contract owner could contribute to that Investment Division as of December 31, 2020.

Total return for period indicated, includes changes in the value of the underlying Fund, and reflects deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units, inclusion of these expenses in the calculation would result in a reduction in the total return presented. Total return for current Investment Divisions with no activity during the year is calculated based on the total return of the underlying Fund less expenses that are charged directly to that Investment Division of the Separate Account. See Note 3 in the Notes to Financial Statements for additional detail on expenses. Total return for current Investment Divisions with activity for a portion of the year is calculated based on the total return of the underlying Fund for the year less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the underlying Investment Division was initially added and funded or if the Investment Division was closed during the year.

^

Annualized contract expense of Investment Divisions of the Separate Account, consist primarily of mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Funds are excluded. If no contract owner elected to allocate net premiums to a specific Investment Division for the full period, the expense ratio or range of expense ratios represents the contractual expense ratio or range of expense ratios.

¥

Some investments have a net asset and ending unit balance of less than one thousand, due to rounding it is displayed as a zero.

Total return is calculated from the effective date or the date available for investment presented in (+) footnote through the end of the reporting period and is not annualized. The effective date is the date when the optional benefit in the variable account was elected by a contract owner.

See Notes to the Financial Statements.

144


N-VPFS145th “Page” of 183TOC1stPreviousNextBottomJust 145th
                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment Division Data

 

 

Highest Expense Ratio

 

 

Lowest Expense Ratio

 

 

 

 

Net Assets

 

Units Outstanding

 

Investment Income

 

 

Unit

 

Total

 

Ratio of

 

 

Unit

 

Total

 

Ratio of

 

Year ended

 

(in thousands)($)¥

 

(in thousands)¥

 

Ratio(%)*

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

JNL/DoubleLine Emerging Markets Fixed Income Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

47

 

5

 

0.00

 

 

12.339541

 

2.88

 

0.45

 

 

12.339541

 

2.88

 

0.45

 

12/31/2019

 

56

 

6

 

0.00

 

 

11.994600

 

11.17

 

0.45

 

 

11.994600

 

11.17

 

0.45

 

12/31/2018+

 

38

 

4

 

11.04

 

 

10.789115

 

(0.57

)‡

0.45

 

 

10.789115

 

(0.57

)‡

0.45

 

JNL/DoubleLine Shiller Enhanced CAPE Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

106,106

 

4,891

 

0.00

 

 

20.658399

 

12.54

 

2.32

 

 

23.339820

 

15.18

 

0.00

 

12/31/2019

 

87,980

 

4,609

 

0.00

 

 

18.356624

 

30.59

 

2.32

 

 

20.263654

 

33.66

 

0.00

 

12/31/2018

 

45,992

 

3,176

 

0.88

 

 

14.056658

 

(6.71

)

2.32

 

 

15.161123

 

(4.51

)

0.00

 

12/31/2017

 

33,519

 

2,177

 

0.00

 

 

15.067825

 

6.75

2.32

 

 

15.877021

 

18.56

0.00

 

12/31/2016

 

3,608

 

280

 

1.34

 

 

12.863332

 

17.42

 

1.25

 

 

12.928069

 

17.89

 

0.85

 

JNL/DoubleLine Shiller Enhanced CAPE Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

972

 

44

 

0.00

 

 

22.839682

 

14.78

 

0.65

 

 

23.141704

 

1.62

0.40

 

12/31/2019

 

448

 

24

 

0.00

 

 

19.898757

 

17.41

0.65

 

 

19.028092

 

33.48

 

0.45

 

12/31/2018+

 

56

 

4

 

2.54

 

 

14.255233

 

(4.20

)‡

0.45

 

 

14.255233

 

(4.20

)‡

0.45

 

JNL/DoubleLine Total Return Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

97,467

 

8,447

 

0.00

 

 

10.610122

 

0.17

 

2.46

 

 

12.694405

 

2.66

 

0.00

 

12/31/2019

 

98,725

 

8,671

 

0.00

 

 

10.592416

 

3.06

 

2.46

 

 

12.365246

 

5.62

 

0.00

 

12/31/2018

 

91,579

 

8,392

 

3.58

 

 

10.278266

 

(0.68

)

2.46

 

 

11.706944

 

1.80

 

0.00

 

12/31/2017

 

76,368

 

7,026

 

2.84

 

 

10.349047

 

1.54

 

2.46

 

 

11.499566

 

4.06

0.00

 

12/31/2016

 

61,539

 

5,815

 

1.88

 

 

10.192255

 

(0.42

)

2.46

 

 

10.746292

 

1.19

 

0.85

 

JNL/DoubleLine Total Return Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

314

 

26

 

0.00

 

 

12.296496

 

2.25

 

0.65

 

 

11.910340

 

2.46

 

0.45

 

12/31/2019

 

217

 

18

 

0.00

 

 

12.025504

 

4.84

0.65

 

 

11.624579

 

5.53

 

0.45

 

12/31/2018+

 

43

 

4

 

10.27

 

 

11.015670

 

2.56

0.45

 

 

11.015670

 

2.56

0.45

 

JNL/Fidelity Institutional Asset Management Total Bond Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

67,548

 

2,349

 

0.00

 

 

18.002541

 

4.89

 

3.30

 

 

41.953616

 

6.46

0.00

 

12/31/2019

 

58,076

 

2,182

 

1.76

 

 

17.163194

 

5.68

 

3.30

 

 

35.940973

 

8.90

 

0.30

 

12/31/2018

 

55,159

 

2,236

 

2.46

 

 

16.240550

 

(4.80

)

3.30

 

 

33.003716

 

(1.89

)

0.30

 

12/31/2017

 

65,292

 

2,568

 

2.05

 

 

17.059743

 

(0.31

)

3.30

 

 

33.638281

 

2.56

0.30

 

12/31/2016

 

62,752

 

2,512

 

2.51

 

 

17.113297

 

(1.21

)

3.30

 

 

27.545372

 

0.98

 

1.10

 

JNL/Fidelity Institutional Asset Management Total Bond Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

2,114

 

53

 

0.00

 

 

37.492366

 

7.96

 

0.65

 

 

39.974527

 

7.62

0.40

 

12/31/2019

 

29

 

1

 

1.90

 

 

34.729233

 

7.37

0.65

 

 

40.349543

 

9.07

 

0.45

 

12/31/2018+

 

 

 

0.00

 

 

36.994925

 

0.70

0.45

 

 

36.994925

 

0.70

0.45

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL/DoubleLine Emerging Markets Fixed Income Fund - Class I - April 30, 2018; JNL/DoubleLine Shiller Enhanced CAPE Fund - Class I - April 30, 2018; JNL/DoubleLine Total Return Fund - Class I - April 30, 2018; JNL/Fidelity Institutional Asset Management Total Bond Fund - Class I - April 30, 2018.

*

These amounts represent the dividends, excluding distributions of capital gains, received by the Investment Division from the underlying Fund for the period indicated divided by the average net assets for the period indicated. In some instances, the investment income ratio may be rounded to 0.00% even though the Investment Division received dividend income from the Underlying Fund. The investment income ratio for Investment Divisions initially funded during the period presented have not been annualized.

§

For an Investment Division where no contact owner allocated net premiums during the period, the unit value represents the amount at which a contract owner could contribute to that Investment Division as of December 31, 2020.

Total return for period indicated, includes changes in the value of the underlying Fund, and reflects deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units, inclusion of these expenses in the calculation would result in a reduction in the total return presented. Total return for current Investment Divisions with no activity during the year is calculated based on the total return of the underlying Fund less expenses that are charged directly to that Investment Division of the Separate Account. See Note 3 in the Notes to Financial Statements for additional detail on expenses. Total return for current Investment Divisions with activity for a portion of the year is calculated based on the total return of the underlying Fund for the year less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the underlying Investment Division was initially added and funded or if the Investment Division was closed during the year.

^

Annualized contract expense of Investment Divisions of the Separate Account, consist primarily of mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Funds are excluded. If no contract owner elected to allocate net premiums to a specific Investment Division for the full period, the expense ratio or range of expense ratios represents the contractual expense ratio or range of expense ratios.

¥

Some investments have a net asset and ending unit balance of less than one thousand, due to rounding it is displayed as a zero.

Total return is calculated from the effective date or the date available for investment presented in (+) footnote through the end of the reporting period and is not annualized. The effective date is the date when the optional benefit in the variable account was elected by a contract owner.

See Notes to the Financial Statements.

145


N-VPFS146th “Page” of 183TOC1stPreviousNextBottomJust 146th
                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment Division Data

 

 

Highest Expense Ratio

 

 

Lowest Expense Ratio

 

 

 

 

Net Assets

 

Units Outstanding

 

Investment Income

 

 

Unit

 

Total

 

Ratio of

 

 

Unit

 

Total

 

Ratio of

 

Year ended

 

(in thousands)($)¥

 

(in thousands)¥

 

Ratio(%)*

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

JNL/First State Global Infrastructure Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

58,081

 

3,516

 

0.00

 

 

15.033621

 

(6.02

)

2.46

 

 

18.785808

 

(3.68

)

0.00

 

12/31/2019

 

67,991

 

3,906

 

0.00

 

 

15.996818

 

23.84

 

2.46

 

 

19.503654

 

26.92

 

0.00

 

12/31/2018

 

61,569

 

4,428

 

3.09

 

 

12.917768

 

(8.68

)

2.46

 

 

15.367090

 

(6.40

)

0.00

 

12/31/2017

 

73,462

 

4,876

 

1.84

 

 

14.146369

 

7.24

 

2.46

 

 

16.417453

 

8.64

0.00

 

12/31/2016

 

66,179

 

4,761

 

2.60

 

 

13.191223

 

9.84

 

2.46

 

 

14.310153

 

11.63

 

0.85

 

JNL/First State Global Infrastructure Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

21

 

1

 

0.00

 

 

18.901408

 

(3.84

)

0.45

 

 

18.901408

 

(3.84

)

0.45

 

12/31/2019

 

12

 

1

 

0.00

 

 

19.655448

 

26.67

 

0.45

 

 

19.655448

 

26.67

 

0.45

 

12/31/2018+

 

 

 

0.00

 

 

15.516892

 

(5.30

)‡

0.45

 

 

15.516892

 

(5.30

)‡

0.45

 

JNL/Franklin Templeton Global Multisector Bond Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

36,758

 

3,467

 

13.61

 

 

9.480951

 

(9.06

)

2.56

 

 

11.952896

 

(6.71

)

0.00

 

12/31/2019

 

42,174

 

3,667

 

9.40

 

 

10.425139

 

(1.60

)

2.56

 

 

12.812674

 

0.95

 

0.00

 

12/31/2018

 

43,472

 

3,773

 

0.00

 

 

10.594415

 

(1.81

)

2.56

 

 

12.691592

 

0.75

 

0.00

 

12/31/2017

 

43,426

 

3,748

 

0.00

 

 

10.790229

 

0.96

 

2.56

 

 

12.597651

 

4.38

0.00

 

12/31/2016

 

41,352

 

3,652

 

0.03

 

 

10.687553

 

3.95

2.56

 

 

11.651996

 

2.94

 

0.85

 

JNL/Franklin Templeton Global Multisector Bond Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

69

 

6

 

20.50

 

 

12.031368

 

(6.86

)

0.45

 

 

12.031368

 

(6.86

)

0.45

 

12/31/2019

 

36

 

3

 

16.47

 

 

12.917245

 

0.84

 

0.45

 

 

12.917245

 

0.84

 

0.45

 

12/31/2018+

 

15

 

1

 

0.00

 

 

12.809779

 

(1.21

)‡

0.45

 

 

12.809779

 

(1.21

)‡

0.45

 

JNL/Franklin Templeton Growth Allocation Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

70,114

 

4,559

 

0.00

 

 

12.646283

 

8.08

 

2.92

 

 

18.228838

 

10.95

 

0.30

 

12/31/2019

 

72,169

 

5,139

 

0.00

 

 

11.700840

 

14.32

 

2.92

 

 

16.429867

 

17.35

 

0.30

 

12/31/2018

 

72,264

 

5,972

 

0.00

 

 

10.235163

 

(12.07

)

2.92

 

 

14.000143

 

(9.72

)

0.30

 

12/31/2017

 

88,605

 

6,533

 

0.00

 

 

11.639981

 

8.55

 

2.92

 

 

15.507721

 

9.95

0.30

 

12/31/2016

 

84,938

 

6,907

 

0.00

 

 

10.722914

 

10.17

 

2.92

 

 

12.724823

 

12.08

 

1.20

 

JNL/Franklin Templeton Growth Allocation Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

106

 

6

 

0.00

 

 

17.787357

 

10.88

 

0.65

 

 

16.486460

 

11.11

 

0.45

 

12/31/2019

 

101

 

7

 

0.00

 

 

16.041309

 

8.62

0.65

 

 

14.838413

 

17.50

 

0.45

 

12/31/2018+

 

 

 

0.00

 

 

12.628305

 

(8.71

)‡

0.45

 

 

12.628305

 

(8.71

)‡

0.45

 

JNL/Franklin Templeton Income Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

136,669

 

8,133

 

0.00

 

 

13.232003

 

(2.17

)

3.06

 

 

20.728601

 

0.87

 

0.00

 

12/31/2019

 

151,042

 

8,943

 

0.00

 

 

13.526021

 

12.59

 

3.06

 

 

20.550597

 

16.09

 

0.00

 

12/31/2018

 

143,553

 

9,744

 

4.41

 

 

12.013610

 

(7.21

)

3.06

 

 

17.702639

 

(4.31

)

0.00

 

12/31/2017

 

164,243

 

10,530

 

3.81

 

 

12.946994

 

6.63

 

3.06

 

 

18.499963

 

9.06

0.00

 

12/31/2016

 

156,295

 

10,878

 

4.70

 

 

12.142364

 

10.69

 

3.06

 

 

15.369419

 

13.15

 

0.85

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL/First State Global Infrastructure Fund - Class I - April 30, 2018; JNL/Franklin Templeton Global Multisector Bond Fund - Class I - April 30, 2018; JNL/Franklin Templeton Growth Allocation Fund - Class I - April 30, 2018.

*

These amounts represent the dividends, excluding distributions of capital gains, received by the Investment Division from the underlying Fund for the period indicated divided by the average net assets for the period indicated. In some instances, the investment income ratio may be rounded to 0.00% even though the Investment Division received dividend income from the Underlying Fund. The investment income ratio for Investment Divisions initially funded during the period presented have not been annualized.

§

For an Investment Division where no contact owner allocated net premiums during the period, the unit value represents the amount at which a contract owner could contribute to that Investment Division as of December 31, 2020.

Total return for period indicated, includes changes in the value of the underlying Fund, and reflects deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units, inclusion of these expenses in the calculation would result in a reduction in the total return presented. Total return for current Investment Divisions with no activity during the year is calculated based on the total return of the underlying Fund less expenses that are charged directly to that Investment Division of the Separate Account. See Note 3 in the Notes to Financial Statements for additional detail on expenses. Total return for current Investment Divisions with activity for a portion of the year is calculated based on the total return of the underlying Fund for the year less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the underlying Investment Division was initially added and funded or if the Investment Division was closed during the year.

^

Annualized contract expense of Investment Divisions of the Separate Account, consist primarily of mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Funds are excluded. If no contract owner elected to allocate net premiums to a specific Investment Division for the full period, the expense ratio or range of expense ratios represents the contractual expense ratio or range of expense ratios.

¥

Some investments have a net asset and ending unit balance of less than one thousand, due to rounding it is displayed as a zero.

Total return is calculated from the effective date or the date available for investment presented in (+) footnote through the end of the reporting period and is not annualized. The effective date is the date when the optional benefit in the variable account was elected by a contract owner.

See Notes to the Financial Statements.

146


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JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment Division Data

 

 

Highest Expense Ratio

 

 

Lowest Expense Ratio

 

 

 

 

Net Assets

 

Units Outstanding

 

Investment Income

 

 

Unit

 

Total

 

Ratio of

 

 

Unit

 

Total

 

Ratio of

 

Year ended

 

(in thousands)($)¥

 

(in thousands)¥

 

Ratio(%)*

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

JNL/Franklin Templeton Income Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

214

 

11

 

0.00

 

 

19.459803

 

0.50

 

0.65

 

 

21.093908

 

0.70

 

0.45

 

12/31/2019

 

143

 

7

 

0.00

 

 

19.363927

 

6.95

0.65

 

 

20.948050

 

15.82

 

0.45

 

12/31/2018+

 

5

 

0

 

6.11

 

 

18.086937

 

(3.40

)‡

0.45

 

 

18.086937

 

(3.40

)‡

0.45

 

JNL/Franklin Templeton International Small Cap Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

37,666

 

3,337

 

1.78

 

 

9.641384

 

(5.87

)

2.65

 

 

13.625724

 

(3.34

)

0.00

 

12/31/2019

 

41,823

 

3,533

 

0.61

 

 

10.242202

 

15.30

 

2.65

 

 

14.096992

 

18.39

 

0.00

 

12/31/2018

 

36,709

 

3,618

 

2.31

 

 

8.882861

 

(21.89

)

2.65

 

 

11.906898

 

(19.78

)

0.00

 

12/31/2017

 

48,550

 

3,791

 

1.04

 

 

11.371646

 

28.84

 

2.65

 

 

14.842893

 

29.06

0.00

 

12/31/2016

 

31,695

 

3,235

 

1.53

 

 

8.826096

 

(3.74

)

2.65

 

 

10.387134

 

(2.01

)

0.85

 

JNL/Franklin Templeton International Small Cap Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

67

 

5

 

2.49

 

 

13.850170

 

(3.50

)

0.45

 

 

13.850170

 

(3.50

)

0.45

 

12/31/2019

 

34

 

2

 

1.41

 

 

14.353196

 

18.32

 

0.45

 

 

14.353196

 

18.32

 

0.45

 

12/31/2018+

 

 

 

0.00

 

 

12.130900

 

(19.03

)‡

0.45

 

 

12.130900

 

(19.03

)‡

0.45

 

JNL/Goldman Sachs 4 Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

433,597

 

15,890

 

0.00

 

 

22.298981

 

1.48

 

2.95

 

 

32.799105

 

4.52

 

0.00

 

12/31/2019

 

498,391

 

18,848

 

0.00

 

 

21.974472

 

21.40

 

2.95

 

 

31.382190

 

25.04

 

0.00

 

12/31/2018

 

430,430

 

20,089

 

0.00

 

 

18.100244

 

(9.01

)

2.95

 

 

25.097842

 

(6.27

)

0.00

 

12/31/2017

 

511,544

 

22,079

 

0.00

 

 

19.892760

 

12.03

 

2.95

 

 

26.777310

 

14.21

0.00

 

12/31/2016

 

480,088

 

23,595

 

0.00

 

 

17.756479

 

7.09

 

2.95

 

 

21.484971

 

9.36

 

0.85

 

JNL/Goldman Sachs 4 Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

609

 

24

 

0.00

 

 

24.881760

 

4.39

 

0.45

 

 

24.881760

 

4.39

 

0.45

 

12/31/2019

 

899

 

38

 

0.00

 

 

23.835832

 

24.85

 

0.45

 

 

23.835832

 

24.85

 

0.45

 

12/31/2018+

 

22

 

1

 

0.00

 

 

19.090995

 

(5.75

)‡

0.45

 

 

19.090995

 

(5.75

)‡

0.45

 

JNL/Goldman Sachs Competitive Advantage Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

56,600

 

1,542

 

0.00

 

 

31.382313

 

15.82

 

2.62

 

 

44.208960

 

18.90

 

0.00

 

12/31/2019

 

59,155

 

1,889

 

1.29

 

 

27.095094

 

26.02

 

2.62

 

 

37.182415

 

29.36

 

0.00

 

12/31/2018

 

51,737

 

2,102

 

0.86

 

 

21.500966

 

(5.22

)

2.62

 

 

28.742939

 

(2.69

)

0.00

 

12/31/2017

 

56,464

 

2,211

 

1.29

 

 

22.686217

 

16.58

 

2.62

 

 

29.538887

 

17.46

0.00

 

12/31/2016

 

68,526

 

3,176

 

1.00

 

 

19.459955

 

2.97

 

2.62

 

 

22.851206

 

4.80

 

0.85

 

JNL/Goldman Sachs Competitive Advantage Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

40

 

1

 

0.00

 

 

41.726164

 

18.52

 

0.65

 

 

44.767896

 

18.76

 

0.45

 

12/31/2019

 

51

 

1

 

3.19

 

 

35.205539

 

9.81

0.65

 

 

37.696222

 

29.16

 

0.45

 

12/31/2018+

 

 

 

0.00

 

 

29.186058

 

(2.83

)‡

0.45

 

 

29.186058

 

(2.83

)‡

0.45

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL/Franklin Templeton Income Fund - Class I - April 30, 2018; JNL/Franklin Templeton International Small Cap Fund - Class I - April 30, 2018; JNL/Goldman Sachs 4 Fund - Class I - April 30, 2018; JNL/Goldman Sachs Competitive Advantage Fund - Class I - April 30, 2018.

*

These amounts represent the dividends, excluding distributions of capital gains, received by the Investment Division from the underlying Fund for the period indicated divided by the average net assets for the period indicated. In some instances, the investment income ratio may be rounded to 0.00% even though the Investment Division received dividend income from the Underlying Fund. The investment income ratio for Investment Divisions initially funded during the period presented have not been annualized.

§

For an Investment Division where no contact owner allocated net premiums during the period, the unit value represents the amount at which a contract owner could contribute to that Investment Division as of December 31, 2020.

Total return for period indicated, includes changes in the value of the underlying Fund, and reflects deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units, inclusion of these expenses in the calculation would result in a reduction in the total return presented. Total return for current Investment Divisions with no activity during the year is calculated based on the total return of the underlying Fund less expenses that are charged directly to that Investment Division of the Separate Account. See Note 3 in the Notes to Financial Statements for additional detail on expenses. Total return for current Investment Divisions with activity for a portion of the year is calculated based on the total return of the underlying Fund for the year less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the underlying Investment Division was initially added and funded or if the Investment Division was closed during the year.

^

Annualized contract expense of Investment Divisions of the Separate Account, consist primarily of mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Funds are excluded. If no contract owner elected to allocate net premiums to a specific Investment Division for the full period, the expense ratio or range of expense ratios represents the contractual expense ratio or range of expense ratios.

¥

Some investments have a net asset and ending unit balance of less than one thousand, due to rounding it is displayed as a zero.

Total return is calculated from the effective date or the date available for investment presented in (+) footnote through the end of the reporting period and is not annualized. The effective date is the date when the optional benefit in the variable account was elected by a contract owner.

See Notes to the Financial Statements.

147


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JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment Division Data

 

 

Highest Expense Ratio

 

 

Lowest Expense Ratio

 

 

 

 

Net Assets

 

Units Outstanding

 

Investment Income

 

 

Unit

 

Total

 

Ratio of

 

 

Unit

 

Total

 

Ratio of

 

Year ended

 

(in thousands)($)¥

 

(in thousands)¥

 

Ratio(%)*

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

JNL/Goldman Sachs Dividend Income & Growth Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

252,389

 

9,878

 

0.00

 

 

15.019460

 

(8.70

)

5.50

 

 

30.847474

 

(3.53

)

0.00

 

12/31/2019

 

301,825

 

11,232

 

3.54

 

 

16.450086

 

20.80

 

5.50

 

 

31.977550

 

27.63

 

0.00

 

12/31/2018

 

248,012

 

11,631

 

2.94

 

 

13.617313

 

(6.28

)‡

5.50

 

 

25.054711

 

(5.31

)

0.00

 

12/31/2017

 

291,182

 

12,764

 

2.75

 

 

18.130528

 

7.80

3.75

 

 

26.458921

 

11.68

0.00

 

12/31/2016

 

307,479

 

14,926

 

2.54

 

 

18.646034

 

14.71

 

2.61

 

 

21.875403

 

16.74

 

0.85

 

JNL/Goldman Sachs Dividend Income & Growth Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

1,166

 

38

 

0.00

 

 

29.199216

 

(3.91

)

0.65

 

 

31.327680

 

(3.72

)

0.45

 

12/31/2019

 

602

 

19

 

5.31

 

 

30.386884

 

24.93

0.65

 

 

32.536784

 

27.46

 

0.45

 

12/31/2018+

 

49

 

2

 

5.92

 

 

25.526091

 

(2.87

)‡

0.45

 

 

25.526091

 

(2.87

)‡

0.45

 

JNL/Goldman Sachs International 5 Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

5,069

 

413

 

0.00

 

 

11.685314

 

(2.72

)‡

1.90

 

 

13.170186

 

(0.86

)

0.00

 

12/31/2019

 

4,621

 

367

 

3.04

 

 

12.108204

 

13.04

1.75

 

 

13.284046

 

17.82

 

0.00

 

12/31/2018

 

3,392

 

314

 

5.83

 

 

10.480372

 

(2.96

)‡

1.70

 

 

11.274409

 

(15.48

)

0.00

 

12/31/2017

 

3,912

 

304

 

10.73

 

 

12.802519

 

31.44

 

1.25

 

 

13.340077

 

28.52

0.00

 

12/31/2016

 

1,893

 

194

 

3.80

 

 

9.739920

 

6.93

 

1.25

 

 

9.829925

 

7.36

 

0.85

 

JNL/Goldman Sachs International 5 Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

9

 

1

 

0.00

 

 

11.328588

 

(1.02

)

0.45

 

 

11.328588

 

(1.02

)

0.45

 

12/31/2019

 

10

 

1

 

5.42

 

 

11.445080

 

17.58

 

0.45

 

 

11.445080

 

17.58

 

0.45

 

12/31/2018+

 

 

 

0.00

 

 

9.733510

 

(15.87

)‡

0.45

 

 

9.733510

 

(15.87

)‡

0.45

 

JNL/Goldman Sachs Intrinsic Value Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

47,339

 

1,877

 

0.00

 

 

14.844783

 

(4.74

)

5.50

 

 

30.489333

 

0.64

 

0.00

 

12/31/2019

 

57,213

 

2,248

 

2.36

 

 

15.583992

 

14.76

 

5.50

 

 

30.294583

 

21.25

 

0.00

 

12/31/2018

 

51,312

 

2,414

 

1.51

 

 

13.579346

 

(10.45

)‡

5.50

 

 

24.984755

 

(5.82

)

0.00

 

12/31/2017

 

59,146

 

2,586

 

2.62

 

 

18.177457

 

9.88

3.75

 

 

26.527536

 

16.16

0.00

 

12/31/2016

 

56,749

 

2,913

 

2.62

 

 

17.542631

 

2.53

 

2.65

 

 

20.650541

 

4.38

 

0.85

 

JNL/Goldman Sachs Intrinsic Value Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

28

 

1

 

0.00

 

 

28.964889

 

0.33

 

0.65

 

 

31.076255

 

0.53

 

0.45

 

12/31/2019

 

26

 

1

 

4.70

 

 

28.870463

 

8.08

0.65

 

 

30.913143

 

21.03

 

0.45

 

12/31/2018+

 

9

 

0

 

0.00

 

 

25.542755

 

(7.18

)‡

0.45

 

 

25.542755

 

(7.18

)‡

0.45

 

JNL/Goldman Sachs Managed Aggressive Growth Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

188,424

 

5,459

 

0.00

 

 

22.134849

 

16.00

 

3.47

 

 

45.507409

 

19.74

 

0.30

 

12/31/2019

 

166,565

 

5,716

 

0.00

 

 

19.081297

 

22.46

 

3.47

 

 

38.005439

 

26.41

 

0.30

 

12/31/2018

 

138,446

 

5,951

 

0.00

 

 

15.581462

 

(9.91

)

3.47

 

 

30.066181

 

(6.99

)

0.30

 

12/31/2017

 

157,774

 

6,250

 

0.00

 

 

17.294992

 

19.06

 

3.47

 

 

32.325636

 

20.37

0.30

 

12/31/2016

 

130,472

 

6,298

 

0.00

 

 

14.526331

 

2.39

 

3.47

 

 

22.224036

 

4.74

 

1.20

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL/Goldman Sachs Dividend Income & Growth Fund - Class I - April 30, 2018; JNL/Goldman Sachs International 5 Fund - Class I - April 30, 2018; JNL/Goldman Sachs Intrinsic Value Fund - Class I - April 30, 2018.

*

These amounts represent the dividends, excluding distributions of capital gains, received by the Investment Division from the underlying Fund for the period indicated divided by the average net assets for the period indicated. In some instances, the investment income ratio may be rounded to 0.00% even though the Investment Division received dividend income from the Underlying Fund. The investment income ratio for Investment Divisions initially funded during the period presented have not been annualized.

§

For an Investment Division where no contact owner allocated net premiums during the period, the unit value represents the amount at which a contract owner could contribute to that Investment Division as of December 31, 2020.

Total return for period indicated, includes changes in the value of the underlying Fund, and reflects deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units, inclusion of these expenses in the calculation would result in a reduction in the total return presented. Total return for current Investment Divisions with no activity during the year is calculated based on the total return of the underlying Fund less expenses that are charged directly to that Investment Division of the Separate Account. See Note 3 in the Notes to Financial Statements for additional detail on expenses. Total return for current Investment Divisions with activity for a portion of the year is calculated based on the total return of the underlying Fund for the year less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the underlying Investment Division was initially added and funded or if the Investment Division was closed during the year.

^

Annualized contract expense of Investment Divisions of the Separate Account, consist primarily of mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Funds are excluded. If no contract owner elected to allocate net premiums to a specific Investment Division for the full period, the expense ratio or range of expense ratios represents the contractual expense ratio or range of expense ratios.

¥

Some investments have a net asset and ending unit balance of less than one thousand, due to rounding it is displayed as a zero.

Total return is calculated from the effective date or the date available for investment presented in (+) footnote through the end of the reporting period and is not annualized. The effective date is the date when the optional benefit in the variable account was elected by a contract owner.

See Notes to the Financial Statements.

148


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JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment Division Data

 

 

Highest Expense Ratio

 

 

Lowest Expense Ratio

 

 

 

 

Net Assets

 

Units Outstanding

 

Investment Income

 

 

Unit

 

Total

 

Ratio of

 

 

Unit

 

Total

 

Ratio of

 

Year ended

 

(in thousands)($)¥

 

(in thousands)¥

 

Ratio(%)*

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

JNL/Goldman Sachs Managed Aggressive Growth Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

1,119

 

30

 

0.00

 

 

43.592110

 

19.67

 

0.65

 

 

31.395277

 

19.91

 

0.45

 

12/31/2019

 

730

 

22

 

0.00

 

 

36.425940

 

26.34

 

0.65

 

 

26.181735

 

26.59

 

0.45

 

12/31/2018+

 

501

 

18

 

0.00

 

 

28.831784

 

(12.14

)‡

0.65

 

 

20.681900

 

(7.96

)‡

0.45

 

JNL/Goldman Sachs Managed Conservative Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

98,157

 

6,080

 

0.00

 

 

12.849313

 

5.66

 

2.92

 

 

19.664089

 

8.47

 

0.30

 

12/31/2019

 

102,028

 

6,784

 

0.00

 

 

12.160971

 

7.86

 

2.92

 

 

18.129383

 

10.73

 

0.30

 

12/31/2018

 

105,694

 

7,699

 

0.00

 

 

11.274347

 

(5.14

)

2.92

 

 

16.372967

 

(2.60

)

0.30

 

12/31/2017

 

126,822

 

8,895

 

0.00

 

 

11.884826

 

3.78

 

2.92

 

 

16.810754

 

5.96

0.30

 

12/31/2016

 

135,240

 

10,004

 

0.00

 

 

11.451893

 

2.00

 

2.92

 

 

14.134589

 

3.77

 

1.20

 

JNL/Goldman Sachs Managed Conservative Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

 

 

0.00

 

 

15.717293

 

8.61

 

0.45

 

 

15.717293

 

8.61

 

0.45

 

12/31/2019

 

 

 

0.00

 

 

14.471676

 

10.85

 

0.45

 

 

14.471676

 

10.85

 

0.45

 

12/31/2018+

 

 

 

0.00

 

 

13.055402

 

(1.87

)‡

0.45

 

 

13.055402

 

(1.87

)‡

0.45

 

JNL/Goldman Sachs Managed Growth Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

425,116

 

12,819

 

0.00

 

 

17.982012

 

13.83

 

4.20

 

 

43.662502

 

18.36

 

0.30

 

12/31/2019

 

396,992

 

14,017

 

0.00

 

 

15.797221

 

4.41

4.20

 

 

36.890330

 

24.04

 

0.30

 

12/31/2018

 

355,205

 

15,386

 

0.00

 

 

14.787047

 

(9.35

)

3.67

 

 

29.741759

 

(6.22

)

0.30

 

12/31/2017

 

397,279

 

15,972

 

0.00

 

 

16.311581

 

16.70

 

3.67

 

 

31.715000

 

18.51

0.30

 

12/31/2016

 

347,472

 

16,703

 

0.00

 

 

13.977122

 

2.11

 

3.67

 

 

22.200317

 

4.65

 

1.20

 

JNL/Goldman Sachs Managed Growth Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

364

 

14

 

0.00

 

 

26.064610

 

18.50

 

0.45

 

 

26.064610

 

18.50

 

0.45

 

12/31/2019

 

 

 

0.00

 

 

21.995022

 

24.20

 

0.45

 

 

21.995022

 

24.20

 

0.45

 

12/31/2018+

 

 

 

0.00

 

 

17.709185

 

(7.08

)‡

0.45

 

 

17.709185

 

(7.08

)‡

0.45

 

JNL/Goldman Sachs Managed Moderate Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

248,561

 

12,450

 

0.00

 

 

12.842540

 

7.70

 

4.20

 

 

24.204181

 

11.99

 

0.30

 

12/31/2019

 

259,024

 

14,372

 

0.00

 

 

11.923857

 

4.39

4.20

 

 

21.613133

 

14.56

 

0.30

 

12/31/2018

 

253,895

 

15,978

 

0.00

 

 

12.735227

 

(6.36

)

3.06

 

 

18.867013

 

(3.73

)

0.30

 

12/31/2017

 

291,602

 

17,470

 

0.00

 

 

13.600323

 

7.83

 

3.06

 

 

19.597145

 

9.90

0.30

 

12/31/2016

 

286,630

 

18,847

 

0.00

 

 

12.613225

 

2.38

 

3.06

 

 

15.837097

 

4.30

 

1.20

 

JNL/Goldman Sachs Managed Moderate Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

 

 

0.00

 

 

19.136696

 

12.20

 

0.45

 

 

19.136696

 

12.20

 

0.45

 

12/31/2019

 

 

 

0.00

 

 

17.055222

 

14.73

 

0.45

 

 

17.055222

 

14.73

 

0.45

 

12/31/2018+

 

 

 

0.00

 

 

14.865091

 

(3.53

)‡

0.45

 

 

14.865091

 

(3.53

)‡

0.45

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL/Goldman Sachs Managed Aggressive Growth Fund - Class I - April 30, 2018; JNL/Goldman Sachs Managed Conservative Fund - Class I - April 30, 2018; JNL/Goldman Sachs Managed Growth Fund - Class I - April 30, 2018; JNL/Goldman Sachs Managed Moderate Fund - Class I - April 30, 2018.

*

These amounts represent the dividends, excluding distributions of capital gains, received by the Investment Division from the underlying Fund for the period indicated divided by the average net assets for the period indicated. In some instances, the investment income ratio may be rounded to 0.00% even though the Investment Division received dividend income from the Underlying Fund. The investment income ratio for Investment Divisions initially funded during the period presented have not been annualized.

§

For an Investment Division where no contact owner allocated net premiums during the period, the unit value represents the amount at which a contract owner could contribute to that Investment Division as of December 31, 2020.

Total return for period indicated, includes changes in the value of the underlying Fund, and reflects deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units, inclusion of these expenses in the calculation would result in a reduction in the total return presented. Total return for current Investment Divisions with no activity during the year is calculated based on the total return of the underlying Fund less expenses that are charged directly to that Investment Division of the Separate Account. See Note 3 in the Notes to Financial Statements for additional detail on expenses. Total return for current Investment Divisions with activity for a portion of the year is calculated based on the total return of the underlying Fund for the year less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the underlying Investment Division was initially added and funded or if the Investment Division was closed during the year.

^

Annualized contract expense of Investment Divisions of the Separate Account, consist primarily of mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Funds are excluded. If no contract owner elected to allocate net premiums to a specific Investment Division for the full period, the expense ratio or range of expense ratios represents the contractual expense ratio or range of expense ratios.

¥

Some investments have a net asset and ending unit balance of less than one thousand, due to rounding it is displayed as a zero.

Total return is calculated from the effective date or the date available for investment presented in (+) footnote through the end of the reporting period and is not annualized. The effective date is the date when the optional benefit in the variable account was elected by a contract owner.

See Notes to the Financial Statements.

149


N-VPFS150th “Page” of 183TOC1stPreviousNextBottomJust 150th
                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment Division Data

 

 

Highest Expense Ratio

 

 

Lowest Expense Ratio

 

 

 

 

Net Assets

 

Units Outstanding

 

Investment Income

 

 

Unit

 

Total

 

Ratio of

 

 

Unit

 

Total

 

Ratio of

 

Year ended

 

(in thousands)($)¥

 

(in thousands)¥

 

Ratio(%)*

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

JNL/Goldman Sachs Managed Moderate Growth Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

438,080

 

15,623

 

0.00

 

 

11.263468

 

9.32

 

5.50

 

 

36.754770

 

15.15

 

0.30

 

12/31/2019

 

420,454

 

17,073

 

0.00

 

 

10.303277

 

12.75

 

5.50

 

 

31.917709

 

18.77

 

0.30

 

12/31/2018

 

400,495

 

19,126

 

0.00

 

 

9.138244

 

(8.82

)‡

5.50

 

 

26.874025

 

(5.19

)

0.30

 

12/31/2017

 

473,768

 

21,223

 

0.00

 

 

14.346285

 

6.10

3.75

 

 

28.344990

 

14.09

0.30

 

12/31/2016

 

446,163

 

22,940

 

0.00

 

 

13.159547

 

1.84

 

3.62

 

 

20.705138

 

4.33

 

1.20

 

JNL/Goldman Sachs Managed Moderate Growth Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

121

 

4

 

0.00

 

 

35.230059

 

15.14

 

0.65

 

 

22.851756

 

15.37

 

0.45

 

12/31/2019

 

54

 

2

 

0.00

 

 

30.597259

 

3.76

0.65

 

 

19.807037

 

18.93

 

0.45

 

12/31/2018+

 

 

 

0.00

 

 

16.654885

 

(5.49

)‡

0.45

 

 

16.654885

 

(5.49

)‡

0.45

 

JNL/Goldman Sachs Total Yield Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

28,212

 

1,288

 

0.00

 

 

18.315797

 

(0.50

)

2.81

 

 

26.451407

 

2.34

 

0.00

 

12/31/2019

 

33,205

 

1,528

 

2.08

 

 

18.407143

 

18.70

 

2.81

 

 

25.846692

 

22.09

 

0.00

 

12/31/2018

 

31,286

 

1,734

 

1.23

 

 

15.506881

 

(13.62

)

2.81

 

 

21.170874

 

(11.15

)

0.00

 

12/31/2017

 

38,778

 

1,885

 

2.12

 

 

17.952960

 

7.95

 

2.81

 

 

23.827561

 

11.36

0.00

 

12/31/2016

 

40,780

 

2,175

 

1.92

 

 

16.630240

 

9.51

 

2.81

 

 

19.867993

 

11.67

 

0.85

 

JNL/Goldman Sachs Total Yield Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

60

 

2

 

0.00

 

 

26.815771

 

2.24

 

0.45

 

 

26.815771

 

2.24

 

0.45

 

12/31/2019

 

4

 

0

 

2.73

 

 

26.227824

 

21.85

 

0.45

 

 

26.227824

 

21.85

 

0.45

 

12/31/2018+

 

3

 

0

 

0.00

 

 

21.523890

 

(10.07

)‡

0.45

 

 

21.523890

 

(10.07

)‡

0.45

 

JNL/GQG Emerging Markets Equity Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

13,414

 

974

 

0.00

 

 

13.368006

 

30.09

 

2.30

 

 

14.410919

 

33.12

 

0.00

 

12/31/2019

 

4,249

 

406

 

0.68

 

 

10.275916

 

5.76

2.30

 

 

10.825771

 

21.09

 

0.00

 

12/31/2018

 

766

 

87

 

0.00

 

 

8.716601

 

1.68

2.00

 

 

8.940000

 

(14.94

)

0.00

 

12/31/2017+

 

24

 

2

 

0.00

 

 

10.475920

 

3.04

1.25

 

 

10.510000

 

5.10

0.00

 

JNL/GQG Emerging Markets Equity Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

425

 

30

 

0.00

 

 

14.251032

 

32.68

 

0.65

 

 

14.343736

 

32.95

 

0.45

 

12/31/2019

 

11

 

1

 

0.42

 

 

10.740565

 

20.60

 

0.65

 

 

10.788882

 

20.83

 

0.45

 

12/31/2018+

 

3

 

0

 

0.00

 

 

8.906161

 

5.02

0.65

 

 

8.928999

 

(13.25

)‡

0.45

 

JNL/Harris Oakmark Global Equity Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

24,362

 

1,909

 

3.32

 

 

11.906925

 

8.55

 

2.46

 

 

13.693282

 

11.25

 

0.00

 

12/31/2019

 

25,228

 

2,172

 

1.56

 

 

10.969439

 

24.54

 

2.46

 

 

12.308602

 

27.64

 

0.00

 

12/31/2018

 

21,064

 

2,285

 

0.66

 

 

8.807995

 

(23.14

)

2.46

 

 

9.643099

 

(21.22

)

0.00

 

12/31/2017

 

29,555

 

2,495

 

0.05

 

 

11.460438

 

1.44

2.46

 

 

12.240438

 

18.42

0.00

 

12/31/2016

 

1,169

 

119

 

1.00

 

 

9.756741

 

11.06

 

1.25

 

 

9.822317

 

11.50

 

0.85

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL/Goldman Sachs Managed Moderate Growth Fund - Class I - April 30, 2018; JNL/Goldman Sachs Total Yield Fund - Class I - April 30, 2018; JNL/GQG Emerging Markets Equity Fund - Class A - September 25, 2017; JNL/GQG Emerging Markets Equity Fund - Class I - April 30, 2018.

*

These amounts represent the dividends, excluding distributions of capital gains, received by the Investment Division from the underlying Fund for the period indicated divided by the average net assets for the period indicated. In some instances, the investment income ratio may be rounded to 0.00% even though the Investment Division received dividend income from the Underlying Fund. The investment income ratio for Investment Divisions initially funded during the period presented have not been annualized.

§

For an Investment Division where no contact owner allocated net premiums during the period, the unit value represents the amount at which a contract owner could contribute to that Investment Division as of December 31, 2020.

Total return for period indicated, includes changes in the value of the underlying Fund, and reflects deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units, inclusion of these expenses in the calculation would result in a reduction in the total return presented. Total return for current Investment Divisions with no activity during the year is calculated based on the total return of the underlying Fund less expenses that are charged directly to that Investment Division of the Separate Account. See Note 3 in the Notes to Financial Statements for additional detail on expenses. Total return for current Investment Divisions with activity for a portion of the year is calculated based on the total return of the underlying Fund for the year less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the underlying Investment Division was initially added and funded or if the Investment Division was closed during the year.

^

Annualized contract expense of Investment Divisions of the Separate Account, consist primarily of mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Funds are excluded. If no contract owner elected to allocate net premiums to a specific Investment Division for the full period, the expense ratio or range of expense ratios represents the contractual expense ratio or range of expense ratios.

¥

Some investments have a net asset and ending unit balance of less than one thousand, due to rounding it is displayed as a zero.

Total return is calculated from the effective date or the date available for investment presented in (+) footnote through the end of the reporting period and is not annualized. The effective date is the date when the optional benefit in the variable account was elected by a contract owner.

See Notes to the Financial Statements.

150


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JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment Division Data

 

 

Highest Expense Ratio

 

 

Lowest Expense Ratio

 

 

 

 

Net Assets

 

Units Outstanding

 

Investment Income

 

 

Unit

 

Total

 

Ratio of

 

 

Unit

 

Total

 

Ratio of

 

Year ended

 

(in thousands)($)¥

 

(in thousands)¥

 

Ratio(%)*

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

JNL/Harris Oakmark Global Equity Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

203

 

15

 

6.46

 

 

13.375468

 

10.96

 

0.65

 

 

13.158709

 

11.18

 

0.45

 

12/31/2019

 

69

 

6

 

2.00

 

 

12.054306

 

20.98

0.65

 

 

11.835236

 

27.35

 

0.45

 

12/31/2018+

 

29

 

3

 

2.41

 

 

9.293178

 

(18.73

)‡

0.45

 

 

9.293178

 

(18.73

)‡

0.45

 

JNL/Heitman U.S. Focused Real Estate Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

2,463

 

226

 

2.17

 

 

10.737729

 

(6.08

)

2.05

 

 

11.275262

 

(4.14

)

0.00

 

12/31/2019

 

1,530

 

133

 

1.60

 

 

11.433291

 

2.36

2.05

 

 

11.762031

 

25.26

 

0.00

 

12/31/2018+

 

51

 

5

 

0.00

 

 

9.330721

 

(1.52

)‡

1.65

 

 

9.390000

 

(6.10

)‡

0.00

 

JNL/Heitman U.S. Focused Real Estate Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

136

 

12

 

2.74

 

 

11.232721

 

(4.32

)

0.45

 

 

11.232721

 

(4.32

)

0.45

 

12/31/2019

 

86

 

7

 

0.88

 

 

11.739713

 

25.11

 

0.45

 

 

11.739713

 

25.11

 

0.45

 

12/31/2018+

 

72

 

8

 

0.00

 

 

9.383788

 

(6.16

)‡

0.45

 

 

9.383788

 

(6.16

)‡

0.45

 

JNL/Invesco Diversified Dividend Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

9,549

 

836

 

0.00

 

 

11.163384

 

(1.43

)

2.05

 

 

11.936475

 

0.61

 

0.00

 

12/31/2019

 

7,960

 

692

 

2.52

 

 

11.325722

 

21.33

 

2.05

 

 

11.864320

 

23.84

 

0.00

 

12/31/2018

 

3,127

 

332

 

0.47

 

 

9.334579

 

(7.16

)‡

2.05

 

 

9.579978

 

(7.26

)

0.00

 

12/31/2017+

 

621

 

60

 

0.00

 

 

10.281666

 

2.60

1.80

 

 

10.330000

 

3.30

0.00

 

JNL/Invesco Diversified Dividend Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

3

 

0

 

0.00

 

 

11.884702

 

0.42

 

0.45

 

 

11.884702

 

0.42

 

0.45

 

12/31/2019

 

 

 

0.00

 

 

11.835475

 

23.72

 

0.45

 

 

11.835475

 

23.72

 

0.45

 

12/31/2018+

 

 

 

0.00

 

 

9.566155

 

(4.94

)‡

0.45

 

 

9.566155

 

(4.94

)‡

0.45

 

JNL/Invesco Global Growth Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

142,721

 

4,055

 

0.00

 

 

24.671997

 

24.01

 

3.30

 

 

44.512139

 

27.78

 

0.30

 

12/31/2019

 

148,765

 

5,328

 

0.62

 

 

19.895558

 

27.02

 

3.30

 

 

34.833792

 

30.89

 

0.30

 

12/31/2018

 

122,287

 

5,672

 

0.65

 

 

15.663154

 

(16.04

)

3.30

 

 

26.613069

 

(13.47

)

0.30

 

12/31/2017

 

142,339

 

5,665

 

0.80

 

 

18.656154

 

31.74

 

3.30

 

 

30.756465

 

31.09

0.30

 

12/31/2016

 

93,710

 

5,015

 

0.62

 

 

14.161051

 

(3.14

)

3.30

 

 

19.989266

 

(0.99

)

1.10

 

JNL/Invesco Global Growth Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

380

 

8

 

0.00

 

 

41.282385

 

27.36

 

0.90

 

 

48.562836

 

27.93

 

0.45

 

12/31/2019

 

225

 

6

 

1.49

 

 

32.413792

 

6.41

0.90

 

 

37.959080

 

31.14

 

0.45

 

12/31/2018+

 

 

 

0.00

 

 

28.946474

 

(13.78

)‡

0.45

 

 

28.946474

 

(13.78

)‡

0.45

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL/Harris Oakmark Global Equity Fund - Class I - April 30, 2018; JNL/Heitman U.S. Focused Real Estate Fund - Class A - August 13, 2018; JNL/Heitman U.S. Focused Real Estate Fund - Class I - August 13, 2018; JNL/Invesco Diversified Dividend Fund - Class A - September 25, 2017; JNL/Invesco Diversified Dividend Fund - Class I - April 30, 2018; JNL/Invesco Global Growth Fund - Class I - April 30, 2018.

*

These amounts represent the dividends, excluding distributions of capital gains, received by the Investment Division from the underlying Fund for the period indicated divided by the average net assets for the period indicated. In some instances, the investment income ratio may be rounded to 0.00% even though the Investment Division received dividend income from the Underlying Fund. The investment income ratio for Investment Divisions initially funded during the period presented have not been annualized.

§

For an Investment Division where no contact owner allocated net premiums during the period, the unit value represents the amount at which a contract owner could contribute to that Investment Division as of December 31, 2020.

Total return for period indicated, includes changes in the value of the underlying Fund, and reflects deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units, inclusion of these expenses in the calculation would result in a reduction in the total return presented. Total return for current Investment Divisions with no activity during the year is calculated based on the total return of the underlying Fund less expenses that are charged directly to that Investment Division of the Separate Account. See Note 3 in the Notes to Financial Statements for additional detail on expenses. Total return for current Investment Divisions with activity for a portion of the year is calculated based on the total return of the underlying Fund for the year less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the underlying Investment Division was initially added and funded or if the Investment Division was closed during the year.

^

Annualized contract expense of Investment Divisions of the Separate Account, consist primarily of mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Funds are excluded. If no contract owner elected to allocate net premiums to a specific Investment Division for the full period, the expense ratio or range of expense ratios represents the contractual expense ratio or range of expense ratios.

¥

Some investments have a net asset and ending unit balance of less than one thousand, due to rounding it is displayed as a zero.

Total return is calculated from the effective date or the date available for investment presented in (+) footnote through the end of the reporting period and is not annualized. The effective date is the date when the optional benefit in the variable account was elected by a contract owner.

See Notes to the Financial Statements.

151


N-VPFS152nd “Page” of 183TOC1stPreviousNextBottomJust 152nd
                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment Division Data

 

 

Highest Expense Ratio

 

 

Lowest Expense Ratio

 

 

 

 

Net Assets

 

Units Outstanding

 

Investment Income

 

 

Unit

 

Total

 

Ratio of

 

 

Unit

 

Total

 

Ratio of

 

Year ended

 

(in thousands)($)¥

 

(in thousands)¥

 

Ratio(%)*

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

JNL/Invesco Global Real Estate Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

60,779

 

3,512

 

0.00

 

 

13.425324

 

(14.78

)

3.06

 

 

21.683176

 

(12.13

)

0.00

 

12/31/2019

 

80,383

 

4,024

 

0.00

 

 

15.753811

 

18.83

 

3.06

 

 

24.677113

 

22.52

 

0.00

 

12/31/2018

 

72,529

 

4,396

 

3.88

 

 

13.257436

 

(9.21

)

3.06

 

 

20.140701

 

(6.38

)

0.00

 

12/31/2017

 

83,511

 

4,673

 

3.12

 

 

14.602943

 

6.88

 

3.06

 

 

21.512721

 

9.50

0.00

 

12/31/2016

 

78,480

 

4,775

 

2.04

 

 

13.663010

 

(0.65

)

3.06

 

 

17.679823

 

1.56

 

0.85

 

JNL/Invesco Global Real Estate Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

66

 

3

 

0.00

 

 

20.271068

 

(12.47

)

0.65

 

 

20.916631

 

(12.30

)

0.45

 

12/31/2019

 

71

 

3

 

0.00

 

 

23.159834

 

6.23

0.65

 

 

23.849700

 

5.25

0.45

 

12/31/2018+

 

 

 

0.00

 

 

0.000000

 

0.00

0.00

 

 

0.000000

 

0.00

0.00

 

JNL/Invesco International Growth Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

65,031

 

2,371

 

2.08

 

 

18.088308

 

10.35

 

3.06

 

 

39.641906

 

13.78

 

0.00

 

12/31/2019

 

67,145

 

2,750

 

1.71

 

 

16.391361

 

24.28

 

3.06

 

 

34.840287

 

28.14

 

0.00

 

12/31/2018

 

60,313

 

3,118

 

1.98

 

 

13.188855

 

(17.65

)

3.06

 

 

27.188400

 

(15.08

)

0.00

 

12/31/2017

 

74,247

 

3,222

 

1.45

 

 

16.015970

 

19.49

 

3.06

 

 

32.015525

 

20.51

0.00

 

12/31/2016

 

58,020

 

3,076

 

1.81

 

 

13.403170

 

(4.16

)

3.06

 

 

21.620099

 

(2.03

)

0.85

 

JNL/Invesco International Growth Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

262

 

7

 

3.42

 

 

42.057696

 

13.63

 

0.45

 

 

38.518994

 

13.69

 

0.40

 

12/31/2019

 

111

 

3

 

2.01

 

 

37.011673

 

27.94

 

0.45

 

 

33.880636

 

28.01

 

0.40

 

12/31/2018+

 

88

 

3

 

5.47

 

 

28.928266

 

(13.47

)‡

0.45

 

 

26.467818

 

(11.66

)‡

0.40

 

JNL/Invesco Small Cap Growth Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

206,528

 

3,617

 

0.00

 

 

37.589072

 

50.97

 

3.60

 

 

74.963130

 

56.51

 

0.00

 

12/31/2019

 

144,777

 

3,923

 

0.00

 

 

24.897644

 

20.01

 

3.60

 

 

47.897105

 

24.41

 

0.00

 

12/31/2018

 

122,126

 

4,060

 

0.00

 

 

20.746462

 

(12.34

)

3.60

 

 

38.499898

 

(9.11

)

0.00

 

12/31/2017

 

126,619

 

3,781

 

0.00

 

 

23.668301

 

20.56

 

3.60

 

 

42.360544

 

23.28

0.00

 

12/31/2016

 

91,053

 

3,355

 

0.00

 

 

19.632318

 

7.58

 

3.60

 

 

29.794995

 

10.57

 

0.85

 

JNL/Invesco Small Cap Growth Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

809

 

11

 

0.00

 

 

68.979645

 

55.93

 

0.65

 

 

72.368033

 

8.91

0.40

 

12/31/2019

 

302

 

6

 

0.00

 

 

44.238407

 

24.01

 

0.65

 

 

49.283963

 

24.26

 

0.45

 

12/31/2018+

 

108

 

3

 

0.00

 

 

35.672386

 

(7.36

)‡

0.65

 

 

39.661561

 

(12.30

)‡

0.45

 

JNL/JPMorgan Global Allocation Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

71,347

 

5,387

 

0.00

 

 

12.406584

 

25.67

2.45

 

 

14.612276

 

11.70

 

0.00

 

12/31/2019+

 

4,662

 

377

 

0.00

 

 

11.843717

 

4.79

1.75

 

 

13.081381

 

17.78

0.00

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL/Invesco Global Real Estate Fund - Class I - August 13, 2018; JNL/Invesco International Growth Fund - Class I - April 30, 2018; JNL/Invesco Small Cap Growth Fund - Class I - April 30, 2018; JNL/JPMorgan Global Allocation Fund - Class A - June 24, 2019.

*

These amounts represent the dividends, excluding distributions of capital gains, received by the Investment Division from the underlying Fund for the period indicated divided by the average net assets for the period indicated. In some instances, the investment income ratio may be rounded to 0.00% even though the Investment Division received dividend income from the Underlying Fund. The investment income ratio for Investment Divisions initially funded during the period presented have not been annualized.

§

For an Investment Division where no contact owner allocated net premiums during the period, the unit value represents the amount at which a contract owner could contribute to that Investment Division as of December 31, 2020.

Total return for period indicated, includes changes in the value of the underlying Fund, and reflects deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units, inclusion of these expenses in the calculation would result in a reduction in the total return presented. Total return for current Investment Divisions with no activity during the year is calculated based on the total return of the underlying Fund less expenses that are charged directly to that Investment Division of the Separate Account. See Note 3 in the Notes to Financial Statements for additional detail on expenses. Total return for current Investment Divisions with activity for a portion of the year is calculated based on the total return of the underlying Fund for the year less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the underlying Investment Division was initially added and funded or if the Investment Division was closed during the year.

^

Annualized contract expense of Investment Divisions of the Separate Account, consist primarily of mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Funds are excluded. If no contract owner elected to allocate net premiums to a specific Investment Division for the full period, the expense ratio or range of expense ratios represents the contractual expense ratio or range of expense ratios.

¥

Some investments have a net asset and ending unit balance of less than one thousand, due to rounding it is displayed as a zero.

Total return is calculated from the effective date or the date available for investment presented in (+) footnote through the end of the reporting period and is not annualized. The effective date is the date when the optional benefit in the variable account was elected by a contract owner.

See Notes to the Financial Statements.

152


N-VPFS153rd “Page” of 183TOC1stPreviousNextBottomJust 153rd
                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment Division Data

 

 

Highest Expense Ratio

 

 

Lowest Expense Ratio

 

 

 

 

Net Assets

 

Units Outstanding

 

Investment Income

 

 

Unit

 

Total

 

Ratio of

 

 

Unit

 

Total

 

Ratio of

 

Year ended

 

(in thousands)($)¥

 

(in thousands)¥

 

Ratio(%)*

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

JNL/JPMorgan Global Allocation Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

51

 

4

 

0.00

 

 

14.203053

 

27.53

0.65

 

 

14.548309

 

11.54

 

0.45

 

12/31/2019+

 

 

 

0.00

 

 

13.042565

 

5.53

0.45

 

 

13.042565

 

5.53

0.45

 

JNL/JPMorgan Growth & Income Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

51,038

 

3,589

 

0.00

 

 

12.265277

 

(6.22

)

2.56

 

 

17.532483

 

29.75

0.00

 

12/31/2019

 

44,052

 

2,936

 

0.00

 

 

13.078240

 

19.86

 

2.56

 

 

17.526729

 

22.60

 

0.30

 

12/31/2018

 

39,869

 

3,222

 

1.15

 

 

10.911070

 

(11.34

)

2.56

 

 

14.295732

 

(9.30

)

0.30

 

12/31/2017

 

49,101

 

3,557

 

2.95

 

 

12.306247

 

5.38

 

2.56

 

 

15.761278

 

6.48

0.30

 

12/31/2016

 

47,838

 

3,696

 

2.47

 

 

11.677618

 

12.76

 

2.56

 

 

13.370309

 

14.30

 

1.20

 

JNL/JPMorgan Growth & Income Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

75

 

4

 

0.00

 

 

16.514278

 

(4.20

)

0.65

 

 

17.819580

 

(4.01

)

0.45

 

12/31/2019

 

58

 

3

 

0.00

 

 

17.238112

 

11.05

0.65

 

 

18.563490

 

22.88

 

0.45

 

12/31/2018+

 

 

 

0.00

 

 

15.107357

 

(8.10

)‡

0.45

 

 

15.107357

 

(8.10

)‡

0.45

 

JNL/JPMorgan Hedged Equity Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

32,780

 

2,722

 

0.59

 

 

11.813305

 

11.99

 

2.05

 

 

12.404947

 

14.31

 

0.00

 

12/31/2019

 

9,275

 

870

 

0.00

 

 

10.548100

 

8.43

2.05

 

 

10.851600

 

13.00

 

0.00

 

12/31/2018+

 

592

 

62

 

0.58

 

 

9.542978

 

(5.06

)‡

1.65

 

 

9.603566

 

(3.96

)‡

0.00

 

JNL/JPMorgan Hedged Equity Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

194

 

16

 

0.87

 

 

12.354098

 

14.19

 

0.45

 

 

12.354098

 

14.19

 

0.45

 

12/31/2019

 

49

 

5

 

0.00

 

 

10.818868

 

12.80

 

0.45

 

 

10.818868

 

12.80

 

0.45

 

12/31/2018+

 

 

 

0.00

 

 

9.590946

 

(4.09

)‡

0.45

 

 

9.590946

 

(4.09

)‡

0.45

 

JNL/JPMorgan MidCap Growth Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

225,928

 

2,319

 

0.00

 

 

66.333609

 

43.71

 

2.92

 

 

140.233052

 

47.97

 

0.00

 

12/31/2019

 

135,134

 

2,037

 

0.00

 

 

46.157747

 

35.89

 

2.92

 

 

94.771883

 

39.92

 

0.00

 

12/31/2018

 

94,158

 

1,964

 

0.00

 

 

33.966471

 

(7.74

)

2.92

 

 

67.734743

 

(5.00

)

0.00

 

12/31/2017

 

93,417

 

1,841

 

0.00

 

 

36.817745

 

25.69

 

2.92

 

 

71.297436

 

26.00

0.00

 

12/31/2016

 

67,715

 

1,715

 

0.00

 

 

29.293110

 

(2.37

)

2.92

 

 

45.841372

 

(0.33

)

0.85

 

JNL/JPMorgan MidCap Growth Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

1,475

 

10

 

0.00

 

 

124.296005

 

47.47

 

0.65

 

 

144.698310

 

47.77

 

0.45

 

12/31/2019

 

251

 

3

 

0.00

 

 

84.285596

 

35.88

0.65

 

 

97.924497

 

39.71

 

0.45

 

12/31/2018+

 

11

 

0

 

0.00

 

 

70.090394

 

(7.30

)‡

0.45

 

 

70.090394

 

(7.30

)‡

0.45

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL/JPMorgan Global Allocation Fund - Class I - June 24, 2019; JNL/JPMorgan Growth & Income Fund - Class I - April 30, 2018; JNL/JPMorgan Hedged Equity Fund - Class A - August 13, 2018; JNL/JPMorgan Hedged Equity Fund - Class I - August 13, 2018; JNL/JPMorgan MidCap Growth Fund - Class I - April 30, 2018.

*

These amounts represent the dividends, excluding distributions of capital gains, received by the Investment Division from the underlying Fund for the period indicated divided by the average net assets for the period indicated. In some instances, the investment income ratio may be rounded to 0.00% even though the Investment Division received dividend income from the Underlying Fund. The investment income ratio for Investment Divisions initially funded during the period presented have not been annualized.

§

For an Investment Division where no contact owner allocated net premiums during the period, the unit value represents the amount at which a contract owner could contribute to that Investment Division as of December 31, 2020.

Total return for period indicated, includes changes in the value of the underlying Fund, and reflects deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units, inclusion of these expenses in the calculation would result in a reduction in the total return presented. Total return for current Investment Divisions with no activity during the year is calculated based on the total return of the underlying Fund less expenses that are charged directly to that Investment Division of the Separate Account. See Note 3 in the Notes to Financial Statements for additional detail on expenses. Total return for current Investment Divisions with activity for a portion of the year is calculated based on the total return of the underlying Fund for the year less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the underlying Investment Division was initially added and funded or if the Investment Division was closed during the year.

^

Annualized contract expense of Investment Divisions of the Separate Account, consist primarily of mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Funds are excluded. If no contract owner elected to allocate net premiums to a specific Investment Division for the full period, the expense ratio or range of expense ratios represents the contractual expense ratio or range of expense ratios.

¥

Some investments have a net asset and ending unit balance of less than one thousand, due to rounding it is displayed as a zero.

Total return is calculated from the effective date or the date available for investment presented in (+) footnote through the end of the reporting period and is not annualized. The effective date is the date when the optional benefit in the variable account was elected by a contract owner.

See Notes to the Financial Statements.

153


N-VPFS154th “Page” of 183TOC1stPreviousNextBottomJust 154th
                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment Division Data

 

 

Highest Expense Ratio

 

 

Lowest Expense Ratio

 

 

 

 

Net Assets

 

Units Outstanding

 

Investment Income

 

 

Unit

 

Total

 

Ratio of

 

 

Unit

 

Total

 

Ratio of

 

Year ended

 

(in thousands)($)¥

 

(in thousands)¥

 

Ratio(%)*

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

JNL/JPMorgan U.S. Government & Quality Bond Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

94,877

 

4,105

 

0.00

 

 

11.794925

 

2.76

 

4.00

 

 

32.885191

 

6.95

 

0.00

 

12/31/2019

 

64,667

 

2,972

 

0.00

 

 

11.478273

 

2.28

 

4.00

 

 

30.747449

 

6.46

 

0.00

 

12/31/2018

 

58,328

 

2,819

 

3.13

 

 

11.222159

 

(3.51

)

4.00

 

 

28.882557

 

0.45

 

0.00

 

12/31/2017

 

59,269

 

2,838

 

2.66

 

 

11.630467

 

(1.50

)

4.00

 

 

28.753382

 

2.43

0.00

 

12/31/2016

 

57,407

 

2,813

 

1.75

 

 

11.807770

 

(2.52

)

4.00

 

 

23.337033

 

0.59

 

0.85

 

JNL/JPMorgan U.S. Government & Quality Bond Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

1,590

 

50

 

0.00

 

 

29.352867

 

6.52

 

0.65

 

 

31.296211

 

6.21

0.40

 

12/31/2019

 

355

 

11

 

0.00

 

 

27.555355

 

4.09

0.65

 

 

32.015066

 

6.33

 

0.45

 

12/31/2018+

 

10

 

0

 

0.00

 

 

30.108345

 

2.17

0.45

 

 

30.108345

 

2.17

0.45

 

JNL/Lazard International Strategic Equity Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

5,278

 

320

 

0.55

 

 

15.423895

 

6.29

2.00

 

 

17.984244

 

13.03

 

0.00

 

12/31/2019

 

4,677

 

316

 

0.21

 

 

13.968943

 

19.56

 

1.95

 

 

15.911219

 

21.91

 

0.00

 

12/31/2018

 

3,737

 

304

 

0.20

 

 

11.683506

 

(12.20

)‡

1.95

 

 

13.051141

 

(10.19

)

0.00

 

12/31/2017

 

3,897

 

281

 

2.22

 

 

13.707598

 

26.70

 

1.25

 

 

14.531369

 

25.91

0.00

 

12/31/2016

 

3,620

 

332

 

1.29

 

 

10.819103

 

(6.30

)

1.25

 

 

10.979192

 

(5.93

)

0.85

 

JNL/Lazard International Strategic Equity Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

18

 

1

 

1.50

 

 

17.382691

 

33.56

0.65

 

 

16.392357

 

12.89

 

0.45

 

12/31/2019

 

 

 

0.00

 

 

14.520434

 

21.69

 

0.45

 

 

14.520434

 

21.69

 

0.45

 

12/31/2018+

 

 

 

0.00

 

 

11.932192

 

(12.03

)‡

0.45

 

 

11.932192

 

(12.03

)‡

0.45

 

JNL/Loomis Sayles Global Growth Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

31,424

 

2,088

 

0.31

 

 

14.807335

 

44.25

2.15

 

 

15.586240

 

34.85

 

0.00

 

12/31/2019

 

166

 

15

 

0.23

 

 

11.360124

 

29.13

 

1.25

 

 

11.558298

 

30.75

 

0.00

 

12/31/2018+

 

33

 

4

 

0.00

 

 

8.797745

 

(4.16

)‡

1.25

 

 

8.840000

 

(11.60

)‡

0.00

 

JNL/Loomis Sayles Global Growth Fund - Class I

 

 

 

 

 

 

 

12/31/2020+

 

7

 

0

 

0.32

 

 

15.540390

 

46.24

0.45

 

 

15.540390

 

46.24

0.45

 

JNL/Lord Abbett Short Duration Income Fund - Class A

 

 

 

 

 

 

 

12/31/2020+

 

5,906

 

570

 

0.00

 

 

10.309261

 

1.88

2.00

 

 

10.449999

 

4.50

0.00

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL/JPMorgan U.S. Government & Quality Bond Fund - Class I - April 30, 2018; JNL/Lazard International Strategic Equity Fund - Class I - April 30, 2018; JNL/Loomis Sayles Global Growth Fund - Class A - August 13, 2018; JNL/Loomis Sayles Global Growth Fund - Class I - April 27, 2020; JNL/Lord Abbett Short Duration Income Fund - Class A - April 27, 2020.

*

These amounts represent the dividends, excluding distributions of capital gains, received by the Investment Division from the underlying Fund for the period indicated divided by the average net assets for the period indicated. In some instances, the investment income ratio may be rounded to 0.00% even though the Investment Division received dividend income from the Underlying Fund. The investment income ratio for Investment Divisions initially funded during the period presented have not been annualized.

§

For an Investment Division where no contact owner allocated net premiums during the period, the unit value represents the amount at which a contract owner could contribute to that Investment Division as of December 31, 2020.

Total return for period indicated, includes changes in the value of the underlying Fund, and reflects deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units, inclusion of these expenses in the calculation would result in a reduction in the total return presented. Total return for current Investment Divisions with no activity during the year is calculated based on the total return of the underlying Fund less expenses that are charged directly to that Investment Division of the Separate Account. See Note 3 in the Notes to Financial Statements for additional detail on expenses. Total return for current Investment Divisions with activity for a portion of the year is calculated based on the total return of the underlying Fund for the year less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the underlying Investment Division was initially added and funded or if the Investment Division was closed during the year.

^

Annualized contract expense of Investment Divisions of the Separate Account, consist primarily of mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Funds are excluded. If no contract owner elected to allocate net premiums to a specific Investment Division for the full period, the expense ratio or range of expense ratios represents the contractual expense ratio or range of expense ratios.

¥

Some investments have a net asset and ending unit balance of less than one thousand, due to rounding it is displayed as a zero.

Total return is calculated from the effective date or the date available for investment presented in (+) footnote through the end of the reporting period and is not annualized. The effective date is the date when the optional benefit in the variable account was elected by a contract owner.

See Notes to the Financial Statements.

154


N-VPFS155th “Page” of 183TOC1stPreviousNextBottomJust 155th
                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment Division Data

 

 

Highest Expense Ratio

 

 

Lowest Expense Ratio

 

 

 

 

Net Assets

 

Units Outstanding

 

Investment Income

 

 

Unit

 

Total

 

Ratio of

 

 

Unit

 

Total

 

Ratio of

 

Year ended

 

(in thousands)($)¥

 

(in thousands)¥

 

Ratio(%)*

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

JNL/Lord Abbett Short Duration Income Fund - Class I

 

 

 

 

 

 

 

12/31/2020+

 

47

 

5

 

0.00

 

 

10.423966

 

3.66

0.65

 

 

10.423966

 

3.66

0.65

 

JNL/Mellon Bond Index Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

98,863

 

6,161

 

0.00

 

 

10.062159

 

3.04

 

3.82

 

 

20.759044

 

7.05

 

0.00

 

12/31/2019

 

86,537

 

5,701

 

2.49

 

 

9.765694

 

3.89

 

3.82

 

 

19.392225

 

7.93

 

0.00

 

12/31/2018

 

66,793

 

4,700

 

2.15

 

 

9.400141

 

(4.32

)

3.82

 

 

17.967179

 

(0.57

)

0.00

 

12/31/2017

 

65,798

 

4,558

 

1.98

 

 

9.824613

 

(0.83

)

3.82

 

 

18.070880

 

2.93

0.00

 

12/31/2016

 

58,290

 

4,126

 

0.83

 

 

9.907125

 

(1.89

)

3.82

 

 

15.446324

 

1.06

 

0.85

 

JNL/Mellon Bond Index Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

328

 

17

 

0.00

 

 

19.113097

 

1.85

0.65

 

 

21.306045

 

6.78

 

0.45

 

12/31/2019

 

110

 

6

 

5.35

 

 

19.953048

 

7.88

 

0.45

 

 

19.953048

 

7.88

 

0.45

 

12/31/2018+

 

 

 

0.00

 

 

18.495414

 

1.84

0.45

 

 

18.495414

 

1.84

0.45

 

JNL/Mellon Communication Services Sector Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

18,434

 

1,299

 

0.00

 

 

5.863344

 

18.56

 

5.50

 

 

19.144175

 

25.26

 

0.00

 

12/31/2019

 

12,496

 

1,087

 

0.00

 

 

4.945635

 

19.65

 

5.50

 

 

15.283609

 

26.42

 

0.00

 

12/31/2018

 

8,980

 

984

 

3.98

 

 

4.133248

 

(3.38

)‡

5.50

 

 

12.089388

 

(5.81

)

0.00

 

12/31/2017

 

11,815

 

1,208

 

3.33

 

 

6.411690

 

(1.89

)‡

3.75

 

 

12.834789

 

2.12

0.00

 

12/31/2016

 

13,656

 

1,421

 

2.73

 

 

7.256261

 

19.84

 

3.06

 

 

10.682603

 

22.51

 

0.85

 

JNL/Mellon Communication Services Sector Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

36

 

2

 

0.00

 

 

17.478204

 

20.96

0.65

 

 

19.808141

 

25.16

 

0.45

 

12/31/2019

 

5

 

0

 

0.00

 

 

15.826072

 

26.34

 

0.45

 

 

15.826072

 

26.34

 

0.45

 

12/31/2018+

 

 

 

21.81

 

 

12.527010

 

0.17

0.45

 

 

12.527010

 

0.17

0.45

 

JNL/Mellon Consumer Discretionary Sector Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

128,523

 

2,482

 

0.00

 

 

32.437901

 

41.82

 

3.60

 

 

70.243842

 

47.01

 

0.00

 

12/31/2019

 

92,410

 

2,594

 

0.00

 

 

22.872411

 

22.40

 

3.60

 

 

47.780851

 

26.88

 

0.00

 

12/31/2018

 

74,258

 

2,613

 

0.67

 

 

18.686283

 

(4.73

)

3.60

 

 

37.657471

 

(1.22

)

0.00

 

12/31/2017

 

73,245

 

2,516

 

1.17

 

 

19.614289

 

17.80

 

3.60

 

 

38.124278

 

18.85

0.00

 

12/31/2016

 

54,713

 

2,266

 

0.69

 

 

16.650363

 

2.42

 

3.60

 

 

26.906301

 

5.26

 

0.85

 

JNL/Mellon Consumer Discretionary Sector Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

313

 

4

 

0.00

 

 

64.070306

 

46.60

 

0.65

 

 

72.594608

 

46.90

 

0.45

 

12/31/2019

 

117

 

2

 

0.00

 

 

43.702711

 

12.51

0.65

 

 

49.418420

 

26.71

 

0.45

 

12/31/2018+

 

25

 

1

 

3.11

 

 

38.999746

 

(4.93

)‡

0.45

 

 

38.999746

 

(4.93

)‡

0.45

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL/Lord Abbett Short Duration Income Fund - Class I - April 27, 2020; JNL/Mellon Bond Index Fund - Class I - April 30, 2018; JNL/Mellon Communication Services Sector Fund - Class I - April 30, 2018; JNL/Mellon Consumer Discretionary Sector Fund - Class I - April 30, 2018.

*

These amounts represent the dividends, excluding distributions of capital gains, received by the Investment Division from the underlying Fund for the period indicated divided by the average net assets for the period indicated. In some instances, the investment income ratio may be rounded to 0.00% even though the Investment Division received dividend income from the Underlying Fund. The investment income ratio for Investment Divisions initially funded during the period presented have not been annualized.

§

For an Investment Division where no contact owner allocated net premiums during the period, the unit value represents the amount at which a contract owner could contribute to that Investment Division as of December 31, 2020.

Total return for period indicated, includes changes in the value of the underlying Fund, and reflects deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units, inclusion of these expenses in the calculation would result in a reduction in the total return presented. Total return for current Investment Divisions with no activity during the year is calculated based on the total return of the underlying Fund less expenses that are charged directly to that Investment Division of the Separate Account. See Note 3 in the Notes to Financial Statements for additional detail on expenses. Total return for current Investment Divisions with activity for a portion of the year is calculated based on the total return of the underlying Fund for the year less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the underlying Investment Division was initially added and funded or if the Investment Division was closed during the year.

^

Annualized contract expense of Investment Divisions of the Separate Account, consist primarily of mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Funds are excluded. If no contract owner elected to allocate net premiums to a specific Investment Division for the full period, the expense ratio or range of expense ratios represents the contractual expense ratio or range of expense ratios.

¥

Some investments have a net asset and ending unit balance of less than one thousand, due to rounding it is displayed as a zero.

Total return is calculated from the effective date or the date available for investment presented in (+) footnote through the end of the reporting period and is not annualized. The effective date is the date when the optional benefit in the variable account was elected by a contract owner.

See Notes to the Financial Statements.

155


N-VPFS156th “Page” of 183TOC1stPreviousNextBottomJust 156th
                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment Division Data

 

 

Highest Expense Ratio

 

 

Lowest Expense Ratio

 

 

 

 

Net Assets

 

Units Outstanding

 

Investment Income

 

 

Unit

 

Total

 

Ratio of

 

 

Unit

 

Total

 

Ratio of

 

Year ended

 

(in thousands)($)¥

 

(in thousands)¥

 

Ratio(%)*

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

JNL/Mellon Consumer Staples Sector Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

12,247

 

953

 

0.00

 

 

12.435896

 

7.81

 

2.40

 

 

13.449753

 

10.43

 

0.00

 

12/31/2019

 

7,677

 

652

 

0.00

 

 

11.535216

 

11.28

2.40

 

 

12.179900

 

26.09

 

0.00

 

12/31/2018

 

2,804

 

295

 

0.00

 

 

9.426694

 

(10.71

)

1.90

 

 

9.659979

 

(8.95

)

0.00

 

12/31/2017+

 

557

 

53

 

0.00

 

 

10.557629

 

4.30

1.90

 

 

10.610000

 

6.10

0.00

 

JNL/Mellon Consumer Staples Sector Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

117

 

10

 

0.00

 

 

13.304195

 

13.50

0.65

 

 

13.413484

 

1.10

0.40

 

12/31/2019

 

45

 

5

 

0.00

 

 

12.135631

 

25.82

 

0.45

 

 

12.135631

 

25.82

 

0.45

 

12/31/2018+

 

23

 

2

 

0.00

 

 

9.644896

 

1.69

0.45

 

 

9.644896

 

1.69

0.45

 

JNL/Mellon Dow Index Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

55,506

 

2,089

 

0.00

 

 

21.212520

 

6.31

 

2.46

 

 

36.009998

 

8.96

 

0.00

 

12/31/2019

 

30,504

 

1,239

 

0.00

 

 

19.953750

 

21.46

 

2.46

 

 

33.049998

 

24.48

 

0.00

 

12/31/2018

 

16,029

 

800

 

0.00

 

 

16.428637

 

(6.36

)

2.46

 

 

26.550000

 

(4.01

)

0.00

 

12/31/2017+

 

7,846

 

371

 

0.00

 

 

17.543987

 

15.08

2.46

 

 

27.660000

 

21.90

0.00

 

JNL/Mellon Dow Index Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

656

 

19

 

0.00

 

 

32.481875

 

30.23

0.65

 

 

34.276642

 

7.25

0.40

 

12/31/2019

 

72

 

2

 

0.00

 

 

32.982511

 

24.37

 

0.45

 

 

32.982511

 

24.37

 

0.45

 

12/31/2018+

 

 

 

0.00

 

 

26.518938

 

(2.35

)‡

0.45

 

 

26.518938

 

(2.35

)‡

0.45

 

JNL/Mellon Emerging Markets Index Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

83,321

 

6,504

 

3.28

 

 

11.629725

 

14.26

 

2.46

 

 

14.634288

 

17.10

 

0.00

 

12/31/2019

 

79,886

 

7,209

 

2.04

 

 

10.178536

 

15.03

 

2.46

 

 

12.496935

 

17.89

 

0.00

 

12/31/2018

 

74,542

 

7,812

 

1.69

 

 

8.848765

 

(17.31

)

2.46

 

 

10.600316

 

(15.24

)

0.00

 

12/31/2017

 

86,978

 

7,629

 

0.97

 

 

10.701253

 

32.81

 

2.46

 

 

12.506282

 

30.86

0.00

 

12/31/2016

 

44,587

 

5,253

 

1.92

 

 

8.057410

 

7.42

 

2.46

 

 

8.780561

 

9.16

 

0.85

 

JNL/Mellon Emerging Markets Index Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

363

 

25

 

3.94

 

 

13.751313

 

16.50

 

0.90

 

 

14.409125

 

17.08

0.40

 

12/31/2019

 

256

 

21

 

2.67

 

 

11.803733

 

12.39

0.90

 

 

12.595459

 

17.67

 

0.45

 

12/31/2018+

 

16

 

1

 

6.12

 

 

10.704146

 

(15.76

)‡

0.45

 

 

10.704146

 

(15.76

)‡

0.45

 

JNL/Mellon Energy Sector Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

70,924

 

3,939

 

0.00

 

 

7.534950

 

(37.28

)

5.50

 

 

24.602344

 

(33.73

)

0.00

 

12/31/2019

 

87,972

 

3,202

 

0.00

 

 

12.012894

 

2.83

 

5.50

 

 

37.124103

 

8.64

 

0.00

 

12/31/2018

 

81,253

 

3,169

 

2.77

 

 

11.682706

 

(25.40

)‡

5.50

 

 

34.170271

 

(20.43

)

0.00

 

12/31/2017

 

110,228

 

3,381

 

2.20

 

 

21.453373

 

5.46

3.75

 

 

42.944881

 

(1.87

)‡

0.00

 

12/31/2016

 

111,069

 

3,266

 

2.00

 

 

23.275798

 

22.64

 

3.67

 

 

38.127356

 

26.14

 

0.85

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL/Mellon Consumer Staples Sector Fund - Class A - September 25, 2017; JNL/Mellon Consumer Staples Sector Fund - Class I - April 30, 2018; JNL/Mellon Dow Index Fund - Class A - September 25, 2017; JNL/Mellon Dow Index Fund - Class I - April 30, 2018; JNL/Mellon Emerging Markets Index Fund - Class I - April 30, 2018.

*

These amounts represent the dividends, excluding distributions of capital gains, received by the Investment Division from the underlying Fund for the period indicated divided by the average net assets for the period indicated. In some instances, the investment income ratio may be rounded to 0.00% even though the Investment Division received dividend income from the Underlying Fund. The investment income ratio for Investment Divisions initially funded during the period presented have not been annualized.

§

For an Investment Division where no contact owner allocated net premiums during the period, the unit value represents the amount at which a contract owner could contribute to that Investment Division as of December 31, 2020.

Total return for period indicated, includes changes in the value of the underlying Fund, and reflects deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units, inclusion of these expenses in the calculation would result in a reduction in the total return presented. Total return for current Investment Divisions with no activity during the year is calculated based on the total return of the underlying Fund less expenses that are charged directly to that Investment Division of the Separate Account. See Note 3 in the Notes to Financial Statements for additional detail on expenses. Total return for current Investment Divisions with activity for a portion of the year is calculated based on the total return of the underlying Fund for the year less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the underlying Investment Division was initially added and funded or if the Investment Division was closed during the year.

^

Annualized contract expense of Investment Divisions of the Separate Account, consist primarily of mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Funds are excluded. If no contract owner elected to allocate net premiums to a specific Investment Division for the full period, the expense ratio or range of expense ratios represents the contractual expense ratio or range of expense ratios.

¥

Some investments have a net asset and ending unit balance of less than one thousand, due to rounding it is displayed as a zero.

Total return is calculated from the effective date or the date available for investment presented in (+) footnote through the end of the reporting period and is not annualized. The effective date is the date when the optional benefit in the variable account was elected by a contract owner.

See Notes to the Financial Statements.

156


N-VPFS157th “Page” of 183TOC1stPreviousNextBottomJust 157th
                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment Division Data

 

 

Highest Expense Ratio

 

 

Lowest Expense Ratio

 

 

 

 

Net Assets

 

Units Outstanding

 

Investment Income

 

 

Unit

 

Total

 

Ratio of

 

 

Unit

 

Total

 

Ratio of

 

Year ended

 

(in thousands)($)¥

 

(in thousands)¥

 

Ratio(%)*

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

JNL/Mellon Energy Sector Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

83

 

3

 

0.00

 

 

25.447723

 

(33.78

)

0.45

 

 

25.447723

 

(33.78

)

0.45

 

12/31/2019

 

16

 

0

 

0.00

 

 

38.429869

 

8.54

 

0.45

 

 

38.429869

 

8.54

 

0.45

 

12/31/2018+

 

8

 

0

 

12.39

 

 

35.406504

 

(22.65

)‡

0.45

 

 

35.406504

 

(22.65

)‡

0.45

 

JNL/Mellon Equity Income Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

19,371

 

814

 

0.00

 

 

21.561335

 

0.12

 

2.30

 

 

26.462238

 

2.45

 

0.00

 

12/31/2019

 

21,731

 

922

 

0.00

 

 

21.535756

 

9.98

2.30

 

 

25.829843

 

28.62

 

0.00

 

12/31/2018

 

14,742

 

793

 

1.08

 

 

17.491908

 

(13.71

)‡

2.00

 

 

20.082070

 

(9.61

)

0.00

 

12/31/2017

 

16,389

 

785

 

1.53

 

 

19.849689

 

6.05

1.91

 

 

22.216941

 

14.91

0.00

 

12/31/2016

 

14,423

 

790

 

1.01

 

 

18.067758

 

17.08

 

1.25

 

 

18.425261

 

17.55

 

0.85

 

JNL/Mellon Equity Income Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

158

 

7

 

0.00

 

 

25.422627

 

26.54

0.65

 

 

20.356124

 

2.30

 

0.45

 

12/31/2019

 

52

 

3

 

0.00

 

 

19.898818

 

28.38

 

0.45

 

 

19.898818

 

28.38

 

0.45

 

12/31/2018+

 

10

 

1

 

3.08

 

 

15.499712

 

(8.26

)‡

0.45

 

 

15.499712

 

(8.26

)‡

0.45

 

JNL/Mellon Financial Sector Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

100,483

 

5,680

 

0.00

 

 

7.406296

 

(7.92

)

5.50

 

 

24.182328

 

(2.72

)

0.00

 

12/31/2019

 

115,372

 

6,258

 

0.00

 

 

8.043483

 

24.06

 

5.50

 

 

24.857267

 

31.08

 

0.00

 

12/31/2018

 

98,217

 

6,873

 

1.20

 

 

6.483462

 

(16.21

)‡

5.50

 

 

18.963956

 

(13.87

)

0.00

 

12/31/2017

 

113,825

 

6,790

 

0.96

 

 

10.998874

 

14.76

3.75

 

 

22.017463

 

19.91

0.00

 

12/31/2016

 

80,812

 

5,684

 

1.58

 

 

10.730800

 

20.32

 

3.10

 

 

15.901007

 

23.05

 

0.85

 

JNL/Mellon Financial Sector Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

93

 

4

 

0.00

 

 

22.069865

 

(3.00

)

0.65

 

 

25.009996

 

(2.81

)

0.45

 

12/31/2019

 

64

 

3

 

0.00

 

 

22.752361

 

15.73

0.65

 

 

25.732214

 

30.90

 

0.45

 

12/31/2018+

 

29

 

1

 

3.32

 

 

19.658235

 

(13.09

)‡

0.45

 

 

19.658235

 

(13.09

)‡

0.45

 

JNL/Mellon Healthcare Sector Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

320,566

 

7,213

 

0.00

 

 

27.750413

 

13.34

 

3.62

 

 

60.419152

 

17.52

 

0.00

 

12/31/2019

 

287,925

 

7,520

 

0.00

 

 

24.483947

 

17.06

 

3.62

 

 

51.411835

 

21.38

 

0.00

 

12/31/2018

 

247,360

 

7,750

 

0.92

 

 

20.915012

 

1.20

 

3.62

 

 

42.356250

 

4.95

 

0.00

 

12/31/2017

 

240,877

 

7,827

 

0.88

 

 

20.666885

 

18.28

 

3.62

 

 

40.357668

 

20.49

0.00

 

12/31/2016

 

191,888

 

7,553

 

1.81

 

 

17.472134

 

(7.23

)

3.62

 

 

28.358986

 

(4.63

)

0.85

 

JNL/Mellon Healthcare Sector Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

556

 

9

 

0.00

 

 

52.185899

 

16.86

 

0.90

 

 

62.407410

 

17.39

 

0.45

 

12/31/2019

 

438

 

9

 

0.00

 

 

44.655194

 

10.45

0.90

 

 

53.161474

 

21.29

 

0.45

 

12/31/2018+

 

33

 

1

 

1.40

 

 

43.830851

 

4.29

0.45

 

 

43.830851

 

4.29

0.45

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL/Mellon Energy Sector Fund - Class I - April 30, 2018; JNL/Mellon Equity Income Fund - Class I - April 30, 2018; JNL/Mellon Financial Sector Fund - Class I - April 30, 2018; JNL/Mellon Healthcare Sector Fund - Class I - April 30, 2018.

*

These amounts represent the dividends, excluding distributions of capital gains, received by the Investment Division from the underlying Fund for the period indicated divided by the average net assets for the period indicated. In some instances, the investment income ratio may be rounded to 0.00% even though the Investment Division received dividend income from the Underlying Fund. The investment income ratio for Investment Divisions initially funded during the period presented have not been annualized.

§

For an Investment Division where no contact owner allocated net premiums during the period, the unit value represents the amount at which a contract owner could contribute to that Investment Division as of December 31, 2020.

Total return for period indicated, includes changes in the value of the underlying Fund, and reflects deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units, inclusion of these expenses in the calculation would result in a reduction in the total return presented. Total return for current Investment Divisions with no activity during the year is calculated based on the total return of the underlying Fund less expenses that are charged directly to that Investment Division of the Separate Account. See Note 3 in the Notes to Financial Statements for additional detail on expenses. Total return for current Investment Divisions with activity for a portion of the year is calculated based on the total return of the underlying Fund for the year less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the underlying Investment Division was initially added and funded or if the Investment Division was closed during the year.

^

Annualized contract expense of Investment Divisions of the Separate Account, consist primarily of mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Funds are excluded. If no contract owner elected to allocate net premiums to a specific Investment Division for the full period, the expense ratio or range of expense ratios represents the contractual expense ratio or range of expense ratios.

¥

Some investments have a net asset and ending unit balance of less than one thousand, due to rounding it is displayed as a zero.

Total return is calculated from the effective date or the date available for investment presented in (+) footnote through the end of the reporting period and is not annualized. The effective date is the date when the optional benefit in the variable account was elected by a contract owner.

See Notes to the Financial Statements.

157


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JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment Division Data

 

 

Highest Expense Ratio

 

 

Lowest Expense Ratio

 

 

 

 

Net Assets

 

Units Outstanding

 

Investment Income

 

 

Unit

 

Total

 

Ratio of

 

 

Unit

 

Total

 

Ratio of

 

Year ended

 

(in thousands)($)¥

 

(in thousands)¥

 

Ratio(%)*

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

JNL/Mellon Index 5 Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

112,972

 

5,888

 

0.00

 

 

16.340091

 

9.36

 

2.70

 

 

23.619587

 

12.35

 

0.00

 

12/31/2019

 

114,749

 

6,624

 

0.00

 

 

14.941592

 

18.14

 

2.70

 

 

21.023745

 

21.36

 

0.00

 

12/31/2018

 

75,264

 

5,192

 

0.00

 

 

12.647603

 

(10.26

)

2.70

 

 

17.322744

 

(7.80

)

0.00

 

12/31/2017

 

89,323

 

5,603

 

0.00

 

 

14.094008

 

12.24

 

2.70

 

 

18.787723

 

14.40

0.00

 

12/31/2016

 

82,231

 

5,868

 

0.00

 

 

12.556808

 

8.95

 

2.70

 

 

15.008102

 

6.13

0.85

 

JNL/Mellon Index 5 Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

341

 

15

 

0.00

 

 

22.160759

 

13.30

0.65

 

 

22.451257

 

12.24

 

0.45

 

12/31/2019

 

 

 

0.00

 

 

20.003513

 

5.82

0.45

 

 

20.003513

 

5.82

0.45

 

12/31/2018+

 

 

 

0.00

 

 

0.000000

 

0.00

0.00

 

 

0.000000

 

0.00

0.00

 

JNL/Mellon Industrials Sector Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

7,029

 

546

 

0.00

 

 

12.607074

 

11.26

 

2.05

 

 

13.480000

 

13.56

 

0.00

 

12/31/2019

 

3,139

 

273

 

0.00

 

 

11.331236

 

27.37

 

2.05

 

 

11.870000

 

30.01

 

0.00

 

12/31/2018

 

2,346

 

262

 

0.00

 

 

8.896139

 

(8.42

)‡

2.05

 

 

9.130000

 

(14.43

)

0.00

 

12/31/2017+

 

453

 

43

 

0.00

 

 

10.621508

 

4.89

1.75

 

 

10.670000

 

6.70

0.00

 

JNL/Mellon Industrials Sector Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

37

 

3

 

0.00

 

 

13.421361

 

13.37

 

0.45

 

 

13.421361

 

13.37

 

0.45

 

12/31/2019

 

43

 

4

 

0.00

 

 

11.838711

 

29.84

 

0.45

 

 

11.838711

 

29.84

 

0.45

 

12/31/2018+

 

8

 

1

 

0.00

 

 

9.117955

 

(10.28

)‡

0.45

 

 

9.117955

 

(10.28

)‡

0.45

 

JNL/Mellon Information Technology Sector Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

430,133

 

12,301

 

0.00

 

 

24.627810

 

40.69

 

3.10

 

 

47.943257

 

45.12

 

0.00

 

12/31/2019

 

296,951

 

12,177

 

0.00

 

 

17.504770

 

43.48

 

3.10

 

 

33.036527

 

47.99

 

0.00

 

12/31/2018

 

202,284

 

12,138

 

0.42

 

 

12.200394

 

(3.80

)

3.10

 

 

22.322896

 

(0.76

)

0.00

 

12/31/2017

 

194,490

 

11,446

 

0.62

 

 

12.682697

 

32.16

 

3.10

 

 

22.493419

 

31.97

0.00

 

12/31/2016

 

124,001

 

9,848

 

0.71

 

 

9.596232

 

9.85

 

3.10

 

 

14.219481

 

12.34

 

0.85

 

JNL/Mellon Information Technology Sector Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

1,099

 

23

 

0.00

 

 

41.450040

 

44.31

 

0.90

 

 

46.156833

 

2.02

0.40

 

12/31/2019

 

354

 

11

 

0.00

 

 

28.723097

 

12.15

0.90

 

 

34.195809

 

47.83

 

0.45

 

12/31/2018+

 

34

 

1

 

2.70

 

 

23.132137

 

(4.42

)‡

0.45

 

 

23.132137

 

(4.42

)‡

0.45

 

JNL/Mellon International Index Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

103,912

 

4,693

 

3.48

 

 

14.070049

 

3.66

 

3.82

 

 

29.030757

 

7.70

 

0.00

 

12/31/2019

 

108,035

 

5,187

 

2.70

 

 

13.573001

 

16.66

 

3.82

 

 

26.955521

 

21.21

 

0.00

 

12/31/2018

 

94,117

 

5,408

 

3.24

 

 

11.634201

 

(17.16

)

3.82

 

 

22.239266

 

(13.91

)

0.00

 

12/31/2017

 

114,681

 

5,615

 

2.94

 

 

14.043753

 

20.36

 

3.82

 

 

25.833624

 

21.43

0.00

 

12/31/2016

 

78,742

 

4,761

 

0.25

 

 

11.668216

 

(2.97

)

3.82

 

 

18.193618

 

(0.05

)

0.85

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL/Mellon Index 5 Fund - Class I - August 13, 2018; JNL/Mellon Industrials Sector Fund - Class A - September 25, 2017; JNL/Mellon Industrials Sector Fund - Class I - April 30, 2018; JNL/Mellon Information Technology Sector Fund - Class I - April 30, 2018.

*

These amounts represent the dividends, excluding distributions of capital gains, received by the Investment Division from the underlying Fund for the period indicated divided by the average net assets for the period indicated. In some instances, the investment income ratio may be rounded to 0.00% even though the Investment Division received dividend income from the Underlying Fund. The investment income ratio for Investment Divisions initially funded during the period presented have not been annualized.

§

For an Investment Division where no contact owner allocated net premiums during the period, the unit value represents the amount at which a contract owner could contribute to that Investment Division as of December 31, 2020.

Total return for period indicated, includes changes in the value of the underlying Fund, and reflects deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units, inclusion of these expenses in the calculation would result in a reduction in the total return presented. Total return for current Investment Divisions with no activity during the year is calculated based on the total return of the underlying Fund less expenses that are charged directly to that Investment Division of the Separate Account. See Note 3 in the Notes to Financial Statements for additional detail on expenses. Total return for current Investment Divisions with activity for a portion of the year is calculated based on the total return of the underlying Fund for the year less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the underlying Investment Division was initially added and funded or if the Investment Division was closed during the year.

^

Annualized contract expense of Investment Divisions of the Separate Account, consist primarily of mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Funds are excluded. If no contract owner elected to allocate net premiums to a specific Investment Division for the full period, the expense ratio or range of expense ratios represents the contractual expense ratio or range of expense ratios.

¥

Some investments have a net asset and ending unit balance of less than one thousand, due to rounding it is displayed as a zero.

Total return is calculated from the effective date or the date available for investment presented in (+) footnote through the end of the reporting period and is not annualized. The effective date is the date when the optional benefit in the variable account was elected by a contract owner.

See Notes to the Financial Statements.

158


N-VPFS159th “Page” of 183TOC1stPreviousNextBottomJust 159th
                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment Division Data

 

 

Highest Expense Ratio

 

 

Lowest Expense Ratio

 

 

 

 

Net Assets

 

Units Outstanding

 

Investment Income

 

 

Unit

 

Total

 

Ratio of

 

 

Unit

 

Total

 

Ratio of

 

Year ended

 

(in thousands)($)¥

 

(in thousands)¥

 

Ratio(%)*

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

JNL/Mellon International Index Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

772

 

27

 

4.92

 

 

26.754471

 

18.88

0.65

 

 

28.054200

 

7.59

 

0.40

 

12/31/2019

 

390

 

15

 

3.03

 

 

27.734202

 

21.02

 

0.45

 

 

26.075174

 

21.08

 

0.40

 

12/31/2018+

 

179

 

8

 

9.44

 

 

22.916816

 

(14.29

)‡

0.45

 

 

21.535198

 

(12.60

)‡

0.40

 

JNL/Mellon Materials Sector Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

4,959

 

409

 

0.00

 

 

11.858917

 

16.43

 

2.05

 

 

12.680000

 

18.84

 

0.00

 

12/31/2019

 

2,209

 

214

 

0.00

 

 

10.185793

 

3.88

2.05

 

 

10.670000

 

22.78

 

0.00

 

12/31/2018

 

1,073

 

126

 

0.00

 

 

8.472751

 

(20.25

)

2.00

 

 

8.690000

 

(18.63

)

0.00

 

12/31/2017+

 

641

 

60

 

0.00

 

 

10.624547

 

3.85

2.00

 

 

10.680000

 

6.80

0.00

 

JNL/Mellon Materials Sector Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

36

 

3

 

0.00

 

 

12.623502

 

18.74

 

0.45

 

 

12.623502

 

18.74

 

0.45

 

12/31/2019

 

8

 

1

 

0.00

 

 

10.631347

 

22.61

 

0.45

 

 

10.631347

 

22.61

 

0.45

 

12/31/2018+

 

 

 

0.00

 

 

8.670605

 

(14.01

)‡

0.45

 

 

8.670605

 

(14.01

)‡

0.45

 

JNL/Mellon MSCI KLD 400 Social Index Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

13,222

 

815

 

0.00

 

 

15.723810

 

17.93

 

2.17

 

 

17.033815

 

20.52

0.00

 

12/31/2019

 

6,292

 

462

 

0.00

 

 

13.332621

 

27.90

 

2.17

 

 

13.814116

 

29.60

 

0.85

 

12/31/2018

 

1,118

 

106

 

0.01

 

 

10.423851

 

(6.37

)

2.17

 

 

10.658671

 

(7.14

)‡

0.85

 

12/31/2017+

 

706

 

63

 

1.18

 

 

11.132987

 

4.47

2.17

 

 

11.222536

 

11.39

1.00

 

JNL/Mellon MSCI KLD 400 Social Index Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

255

 

15

 

0.00

 

 

16.943844

 

20.38

 

0.45

 

 

16.943844

 

20.38

 

0.45

 

12/31/2019

 

42

 

3

 

0.00

 

 

14.075186

 

30.66

 

0.45

 

 

14.075186

 

30.66

 

0.45

 

12/31/2018+

 

 

 

0.00

 

 

10.772321

 

(4.49

)‡

0.45

 

 

10.772321

 

(4.49

)‡

0.45

 

JNL/Mellon MSCI World Index Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

9,910

 

341

 

2.00

 

 

24.896627

 

13.32

 

2.00

 

 

38.282437

 

15.61

 

0.00

 

12/31/2019

 

8,224

 

323

 

2.06

 

 

21.969424

 

24.75

 

2.00

 

 

33.112437

 

27.27

 

0.00

 

12/31/2018

 

3,811

 

190

 

4.41

 

 

17.611209

 

(12.91

)‡

2.00

 

 

26.018116

 

(8.84

)

0.00

 

12/31/2017

 

771

 

35

 

0.00

 

 

20.453925

 

9.50

1.80

 

 

28.540000

 

15.69

0.00

 

12/31/2016

 

 

 

0.00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Mellon MSCI World Index Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

150

 

4

 

3.20

 

 

38.203911

 

15.50

 

0.45

 

 

38.203911

 

15.50

 

0.45

 

12/31/2019

 

 

 

0.00

 

 

33.075970

 

27.19

 

0.45

 

 

33.075970

 

27.19

 

0.45

 

12/31/2018+

 

 

 

0.00

 

 

26.004166

 

(8.64

)‡

0.45

 

 

26.004166

 

(8.64

)‡

0.45

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL/Mellon International Index Fund - Class I - April 30, 2018; JNL/Mellon Materials Sector Fund - Class A - September 25, 2017; JNL/Mellon Materials Sector Fund - Class I - April 30, 2018; JNL/Mellon MSCI KLD 400 Social Index Fund - Class A - April 24, 2017; JNL/Mellon MSCI KLD 400 Social Index Fund - Class I - April 30, 2018; JNL/Mellon MSCI World Index Fund - Class I - April 30, 2018.

*

These amounts represent the dividends, excluding distributions of capital gains, received by the Investment Division from the underlying Fund for the period indicated divided by the average net assets for the period indicated. In some instances, the investment income ratio may be rounded to 0.00% even though the Investment Division received dividend income from the Underlying Fund. The investment income ratio for Investment Divisions initially funded during the period presented have not been annualized.

§

For an Investment Division where no contact owner allocated net premiums during the period, the unit value represents the amount at which a contract owner could contribute to that Investment Division as of December 31, 2020.

Total return for period indicated, includes changes in the value of the underlying Fund, and reflects deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units, inclusion of these expenses in the calculation would result in a reduction in the total return presented. Total return for current Investment Divisions with no activity during the year is calculated based on the total return of the underlying Fund less expenses that are charged directly to that Investment Division of the Separate Account. See Note 3 in the Notes to Financial Statements for additional detail on expenses. Total return for current Investment Divisions with activity for a portion of the year is calculated based on the total return of the underlying Fund for the year less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the underlying Investment Division was initially added and funded or if the Investment Division was closed during the year.

^

Annualized contract expense of Investment Divisions of the Separate Account, consist primarily of mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Funds are excluded. If no contract owner elected to allocate net premiums to a specific Investment Division for the full period, the expense ratio or range of expense ratios represents the contractual expense ratio or range of expense ratios.

¥

Some investments have a net asset and ending unit balance of less than one thousand, due to rounding it is displayed as a zero.

Total return is calculated from the effective date or the date available for investment presented in (+) footnote through the end of the reporting period and is not annualized. The effective date is the date when the optional benefit in the variable account was elected by a contract owner.

See Notes to the Financial Statements.

159


N-VPFS160th “Page” of 183TOC1stPreviousNextBottomJust 160th
                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment Division Data

 

 

Highest Expense Ratio

 

 

Lowest Expense Ratio

 

 

 

 

Net Assets

 

Units Outstanding

 

Investment Income

 

 

Unit

 

Total

 

Ratio of

 

 

Unit

 

Total

 

Ratio of

 

Year ended

 

(in thousands)($)¥

 

(in thousands)¥

 

Ratio(%)*

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

JNL/Mellon Nasdaq® 100 Index Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

386,476

 

6,549

 

0.00

 

 

46.882889

 

43.85

 

2.82

 

 

74.117943

 

47.96

 

0.00

 

12/31/2019

 

206,179

 

5,091

 

0.00

 

 

32.591592

 

34.71

 

2.82

 

 

50.091837

 

38.56

 

0.00

 

12/31/2018

 

139,169

 

4,705

 

0.31

 

 

24.194312

 

(3.42

)

2.82

 

 

36.151693

 

(0.64

)

0.00

 

12/31/2017

 

120,499

 

4,002

 

0.34

 

 

25.050105

 

28.43

 

2.82

 

 

36.384038

 

26.92

0.00

 

12/31/2016

 

62,959

 

2,740

 

0.99

 

 

19.505068

 

4.94

 

2.82

 

 

24.822033

 

7.03

 

0.85

 

JNL/Mellon Nasdaq® 100 Index Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

2,153

 

35

 

0.00

 

 

69.092452

 

47.48

 

0.65

 

 

59.043511

 

47.78

 

0.45

 

12/31/2019

 

356

 

9

 

0.00

 

 

46.848102

 

33.72

0.65

 

 

39.954455

 

38.39

 

0.45

 

12/31/2018+

 

113

 

4

 

2.36

 

 

28.871199

 

(3.89

)‡

0.45

 

 

28.871199

 

(3.89

)‡

0.45

 

JNL/Mellon Real Estate Sector Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

12,834

 

1,146

 

0.00

 

 

10.883403

 

(7.49

)

2.32

 

 

11.739939

 

(5.32

)

0.00

 

12/31/2019

 

11,872

 

989

 

0.00

 

 

11.765059

 

25.03

 

2.32

 

 

12.400000

 

27.97

 

0.00

 

12/31/2018

 

2,054

 

216

 

0.00

 

 

9.409619

 

(7.46

)

2.32

 

 

9.690000

 

(5.28

)

0.00

 

12/31/2017+

 

1,160

 

114

 

0.00

 

 

10.168484

 

2.52

2.32

 

 

10.230000

 

2.30

0.00

 

JNL/Mellon Real Estate Sector Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

203

 

18

 

0.00

 

 

11.571717

 

(7.43

)‡

0.65

 

 

11.647550

 

(5.49

)

0.45

 

12/31/2019

 

90

 

8

 

0.00

 

 

12.323689

 

27.91

 

0.45

 

 

12.323689

 

27.91

 

0.45

 

12/31/2018+

 

67

 

7

 

0.00

 

 

9.634949

 

0.32

0.45

 

 

9.634949

 

0.32

0.45

 

JNL/Mellon S&P 400 MidCap Index Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

246,217

 

5,950

 

0.00

 

 

26.283557

 

8.75

 

3.82

 

 

54.230135

 

12.99

 

0.00

 

12/31/2019

 

218,329

 

5,888

 

0.00

 

 

24.167834

 

20.88

 

3.82

 

 

47.995797

 

25.58

 

0.00

 

12/31/2018

 

176,644

 

5,907

 

0.87

 

 

19.993340

 

(14.93

)

3.82

 

 

38.218769

 

(11.60

)

0.00

 

12/31/2017

 

204,964

 

5,987

 

0.99

 

 

23.502232

 

11.34

 

3.82

 

 

43.233329

 

14.60

0.00

 

12/31/2016

 

161,716

 

5,405

 

0.17

 

 

21.107709

 

15.63

 

3.82

 

 

32.912709

 

19.11

 

0.85

 

JNL/Mellon S&P 400 MidCap Index Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

1,719

 

33

 

0.00

 

 

49.818196

 

18.92

0.65

 

 

52.237977

 

12.89

 

0.40

 

12/31/2019

 

590

 

13

 

0.00

 

 

49.217958

 

25.31

 

0.45

 

 

46.273524

 

25.37

 

0.40

 

12/31/2018+

 

127

 

3

 

3.24

 

 

39.276905

 

(10.56

)‡

0.45

 

 

36.908745

 

(18.28

)‡

0.40

 

JNL/Mellon S&P 500 Index Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

890,048

 

27,005

 

0.00

 

 

15.198096

 

11.48

 

5.50

 

 

43.145413

 

17.78

 

0.00

 

12/31/2019

 

737,887

 

26,076

 

1.49

 

 

13.633067

 

23.83

 

5.50

 

 

36.631175

 

30.83

 

0.00

 

12/31/2018

 

555,334

 

25,358

 

1.40

 

 

11.009286

 

(7.82

)‡

5.50

 

 

27.998118

 

(4.88

)

0.00

 

12/31/2017

 

567,214

 

24,338

 

1.40

 

 

16.000802

 

16.63

 

3.82

 

 

29.433621

 

19.37

0.00

 

12/31/2016

 

395,433

 

20,328

 

0.13

 

 

13.718790

 

7.21

 

3.82

 

 

21.390969

 

10.43

 

0.85

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL/Mellon Nasdaq® 100 Index Fund - Class I - April 30, 2018; JNL/Mellon Real Estate Sector Fund - Class A - September 25, 2017; JNL/Mellon Real Estate Sector Fund - Class I - April 30, 2018; JNL/Mellon S&P 400 MidCap Index Fund - Class I - April 30, 2018.

*

These amounts represent the dividends, excluding distributions of capital gains, received by the Investment Division from the underlying Fund for the period indicated divided by the average net assets for the period indicated. In some instances, the investment income ratio may be rounded to 0.00% even though the Investment Division received dividend income from the Underlying Fund. The investment income ratio for Investment Divisions initially funded during the period presented have not been annualized.

§

For an Investment Division where no contact owner allocated net premiums during the period, the unit value represents the amount at which a contract owner could contribute to that Investment Division as of December 31, 2020.

Total return for period indicated, includes changes in the value of the underlying Fund, and reflects deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units, inclusion of these expenses in the calculation would result in a reduction in the total return presented. Total return for current Investment Divisions with no activity during the year is calculated based on the total return of the underlying Fund less expenses that are charged directly to that Investment Division of the Separate Account. See Note 3 in the Notes to Financial Statements for additional detail on expenses. Total return for current Investment Divisions with activity for a portion of the year is calculated based on the total return of the underlying Fund for the year less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the underlying Investment Division was initially added and funded or if the Investment Division was closed during the year.

^

Annualized contract expense of Investment Divisions of the Separate Account, consist primarily of mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Funds are excluded. If no contract owner elected to allocate net premiums to a specific Investment Division for the full period, the expense ratio or range of expense ratios represents the contractual expense ratio or range of expense ratios.

¥

Some investments have a net asset and ending unit balance of less than one thousand, due to rounding it is displayed as a zero.

Total return is calculated from the effective date or the date available for investment presented in (+) footnote through the end of the reporting period and is not annualized. The effective date is the date when the optional benefit in the variable account was elected by a contract owner.

See Notes to the Financial Statements.

160


N-VPFS161st “Page” of 183TOC1stPreviousNextBottomJust 161st
                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment Division Data

 

 

Highest Expense Ratio

 

 

Lowest Expense Ratio

 

 

 

 

Net Assets

 

Units Outstanding

 

Investment Income

 

 

Unit

 

Total

 

Ratio of

 

 

Unit

 

Total

 

Ratio of

 

Year ended

 

(in thousands)($)¥

 

(in thousands)¥

 

Ratio(%)*

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

JNL/Mellon Small Cap Index Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

180,303

 

5,111

 

0.00

 

 

22.445134

 

6.66

 

3.82

 

 

46.311776

 

10.81

 

0.00

 

12/31/2019

 

173,393

 

5,364

 

0.00

 

 

21.044398

 

17.65

 

3.82

 

 

41.794075

 

22.23

 

0.00

 

12/31/2018

 

141,487

 

5,282

 

0.89

 

 

17.887619

 

(12.35

)

3.82

 

 

34.193186

 

(8.92

)

0.00

 

12/31/2017

 

152,687

 

5,131

 

0.85

 

 

20.408776

 

8.61

 

3.82

 

 

37.542339

 

14.20

0.00

 

12/31/2016

 

123,370

 

4,625

 

0.50

 

 

18.790090

 

21.16

 

3.82

 

 

29.298551

 

24.81

 

0.85

 

JNL/Mellon Small Cap Index Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

1,344

 

30

 

0.00

 

 

40.591482

 

10.17

 

0.90

 

 

44.630061

 

10.72

 

0.40

 

12/31/2019

 

593

 

14

 

0.00

 

 

36.846030

 

21.48

 

0.90

 

 

40.309893

 

22.09

 

0.40

 

12/31/2018+

 

284

 

9

 

4.04

 

 

30.331315

 

(9.21

)‡

0.90

 

 

33.017253

 

(22.37

)‡

0.40

 

JNL/Mellon Utilities Sector Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

16,128

 

939

 

0.00

 

 

16.148431

 

(3.17

)

2.16

 

 

19.061000

 

(1.05

)

0.00

 

12/31/2019

 

17,702

 

1,005

 

0.79

 

 

16.676586

 

11.92

2.16

 

 

19.263774

 

24.20

 

0.00

 

12/31/2018

 

9,573

 

663

 

2.42

 

 

13.790975

 

(3.14

)‡

2.07

 

 

15.510340

 

3.79

 

0.00

 

12/31/2017

 

5,003

 

352

 

2.42

 

 

14.098546

 

10.23

 

1.25

 

 

14.944341

 

11.62

0.00

 

12/31/2016

 

4,477

 

348

 

1.95

 

 

12.789734

 

15.36

 

1.25

 

 

12.977709

 

15.82

 

0.85

 

JNL/Mellon Utilities Sector Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

89

 

5

 

0.00

 

 

18.457167

 

1.78

0.65

 

 

16.761019

 

(1.12

)

0.45

 

12/31/2019

 

90

 

5

 

1.24

 

 

16.951442

 

24.14

 

0.45

 

 

16.951442

 

24.14

 

0.45

 

12/31/2018+

 

22

 

2

 

5.37

 

 

13.655630

 

4.91

0.45

 

 

13.655630

 

4.91

0.45

 

JNL/MFS Mid Cap Value Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

131,353

 

4,988

 

0.00

 

 

20.564507

 

0.74

 

3.06

 

 

31.690165

 

3.56

 

0.30

 

12/31/2019

 

102,694

 

4,011

 

0.00

 

 

20.413633

 

26.94

 

3.06

 

 

30.601041

 

30.49

 

0.30

 

12/31/2018

 

89,189

 

4,491

 

0.52

 

 

16.081411

 

(14.35

)

3.06

 

 

23.450359

 

(11.94

)

0.30

 

12/31/2017

 

81,851

 

3,584

 

1.27

 

 

18.776022

 

9.63

 

3.06

 

 

26.629825

 

11.07

0.30

 

12/31/2016

 

73,927

 

3,613

 

0.00

 

 

17.127479

 

10.17

 

3.06

 

 

21.651742

 

12.40

1.05

 

JNL/MFS Mid Cap Value Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

218

 

7

 

0.00

 

 

31.077076

 

3.45

 

0.65

 

 

33.683573

 

3.66

 

0.45

 

12/31/2019

 

92

 

3

 

0.00

 

 

30.039459

 

11.61

0.65

 

 

32.493753

 

30.77

 

0.45

 

12/31/2018+

 

20

 

1

 

1.57

 

 

24.847810

 

(11.44

)‡

0.45

 

 

24.847810

 

(11.44

)‡

0.45

 

JNL/Morningstar Wide Moat Index Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

13,591

 

983

 

1.40

 

 

13.503929

 

11.57

 

2.30

 

 

14.265101

 

14.17

 

0.00

 

12/31/2019

 

6,482

 

528

 

0.82

 

 

12.103135

 

31.58

 

2.30

 

 

12.494531

 

34.64

 

0.00

 

12/31/2018+

 

2,762

 

299

 

0.00

 

 

9.198511

 

(3.72

)‡

2.30

 

 

9.280000

 

(7.20

)‡

0.00

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL/Mellon Small Cap Index Fund - Class I - April 30, 2018; JNL/Mellon Utilities Sector Fund - Class I - April 30, 2018; JNL/MFS Mid Cap Value Fund - Class I - April 30, 2018; JNL/Morningstar Wide Moat Index Fund - Class A - August 13, 2018.

*

These amounts represent the dividends, excluding distributions of capital gains, received by the Investment Division from the underlying Fund for the period indicated divided by the average net assets for the period indicated. In some instances, the investment income ratio may be rounded to 0.00% even though the Investment Division received dividend income from the Underlying Fund. The investment income ratio for Investment Divisions initially funded during the period presented have not been annualized.

§

For an Investment Division where no contact owner allocated net premiums during the period, the unit value represents the amount at which a contract owner could contribute to that Investment Division as of December 31, 2020.

Total return for period indicated, includes changes in the value of the underlying Fund, and reflects deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units, inclusion of these expenses in the calculation would result in a reduction in the total return presented. Total return for current Investment Divisions with no activity during the year is calculated based on the total return of the underlying Fund less expenses that are charged directly to that Investment Division of the Separate Account. See Note 3 in the Notes to Financial Statements for additional detail on expenses. Total return for current Investment Divisions with activity for a portion of the year is calculated based on the total return of the underlying Fund for the year less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the underlying Investment Division was initially added and funded or if the Investment Division was closed during the year.

^

Annualized contract expense of Investment Divisions of the Separate Account, consist primarily of mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Funds are excluded. If no contract owner elected to allocate net premiums to a specific Investment Division for the full period, the expense ratio or range of expense ratios represents the contractual expense ratio or range of expense ratios.

¥

Some investments have a net asset and ending unit balance of less than one thousand, due to rounding it is displayed as a zero.

Total return is calculated from the effective date or the date available for investment presented in (+) footnote through the end of the reporting period and is not annualized. The effective date is the date when the optional benefit in the variable account was elected by a contract owner.

See Notes to the Financial Statements.

161


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JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment Division Data

 

 

Highest Expense Ratio

 

 

Lowest Expense Ratio

 

 

 

 

Net Assets

 

Units Outstanding

 

Investment Income

 

 

Unit

 

Total

 

Ratio of

 

 

Unit

 

Total

 

Ratio of

 

Year ended

 

(in thousands)($)¥

 

(in thousands)¥

 

Ratio(%)*

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

JNL/Morningstar Wide Moat Index Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

172

 

12

 

2.58

 

 

14.142483

 

18.46

0.65

 

 

14.210003

 

13.92

 

0.45

 

12/31/2019

 

14

 

1

 

0.71

 

 

12.474074

 

34.51

 

0.45

 

 

12.474074

 

34.51

 

0.45

 

12/31/2018+

 

10

 

1

 

0.00

 

 

9.273930

 

(7.26

)‡

0.45

 

 

9.273930

 

(7.26

)‡

0.45

 

JNL/Neuberger Berman Commodity Strategy Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

1,003

 

161

 

0.00

 

 

6.137098

 

(4.83

)

1.25

 

 

6.671117

 

(3.63

)

0.00

 

12/31/2019

 

930

 

142

 

2.03

 

 

6.448355

 

10.70

 

1.25

 

 

6.922383

 

12.09

 

0.00

 

12/31/2018

 

666

 

113

 

0.38

 

 

5.825312

 

(11.68

)

1.25

 

 

6.175848

 

(10.56

)

0.00

 

12/31/2017

 

582

 

87

 

19.42

 

 

6.595344

 

5.07

 

1.25

 

 

6.904902

 

3.52

0.00

 

12/31/2016

 

491

 

78

 

0.00

 

 

6.276822

 

10.51

 

1.25

 

 

6.344154

 

10.95

 

0.85

 

JNL/Neuberger Berman Strategic Income Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

45,063

 

3,609

 

0.00

 

 

11.424764

 

4.47

 

2.40

 

 

14.069298

 

7.01

 

0.00

 

12/31/2019

 

45,837

 

3,879

 

2.68

 

 

10.936100

 

2.83

2.40

 

 

13.147670

 

9.35

 

0.00

 

12/31/2018

 

40,557

 

3,715

 

1.95

 

 

10.299613

 

(4.78

)

2.32

 

 

12.023144

 

(2.54

)

0.00

 

12/31/2017

 

47,868

 

4,214

 

3.06

 

 

10.816984

 

4.33

 

2.32

 

 

12.335934

 

6.27

0.00

 

12/31/2016

 

37,706

 

3,505

 

3.25

 

 

10.368167

 

3.49

 

2.32

 

 

11.026433

 

2.00

1.00

 

JNL/Neuberger Berman Strategic Income Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

169

 

12

 

0.00

 

 

13.586096

 

6.61

 

0.65

 

 

14.164429

 

6.82

 

0.45

 

12/31/2019

 

128

 

10

 

3.56

 

 

12.743610

 

7.71

0.65

 

 

13.259549

 

9.11

 

0.45

 

12/31/2018+

 

5

 

0

 

0.00

 

 

12.152486

 

(1.44

)‡

0.45

 

 

12.152486

 

(1.44

)‡

0.45

 

JNL/PIMCO Income Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

47,822

 

4,388

 

0.00

 

 

10.551466

 

2.54

 

2.32

 

 

11.381819

 

4.95

 

0.00

 

12/31/2019

 

35,499

 

3,378

 

3.21

 

 

10.290010

 

5.35

 

2.32

 

 

10.845461

 

7.82

 

0.00

 

12/31/2018

 

22,186

 

2,245

 

0.51

 

 

9.767433

 

(2.42

)

2.32

 

 

10.058559

 

(0.11

)

0.00

 

12/31/2017+

 

4,780

 

476

 

0.00

 

 

10.009319

 

0.10

2.32

 

 

10.070000

 

0.70

0.00

 

JNL/PIMCO Income Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

514

 

45

 

0.00

 

 

11.258725

 

4.62

 

0.65

 

 

11.332165

 

4.82

 

0.45

 

12/31/2019

 

268

 

25

 

4.44

 

 

10.762004

 

7.43

 

0.65

 

 

10.810566

 

7.65

 

0.45

 

12/31/2018+

 

65

 

6

 

1.64

 

 

10.017361

 

0.26

0.65

 

 

10.042769

 

0.70

0.45

 

JNL/PIMCO Investment Grade Credit Bond Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

48,125

 

3,461

 

0.00

 

 

12.751228

 

7.99

 

2.32

 

 

15.677224

 

10.52

 

0.00

 

12/31/2019

 

35,827

 

2,809

 

2.91

 

 

11.808072

 

11.85

 

2.32

 

 

14.184703

 

14.47

 

0.00

 

12/31/2018

 

18,889

 

1,678

 

2.59

 

 

10.557280

 

(4.80

)

2.32

 

 

12.391306

 

(2.56

)

0.00

 

12/31/2017

 

23,680

 

2,029

 

2.01

 

 

11.090074

 

0.01

2.32

 

 

12.716528

 

6.50

0.00

 

12/31/2016

 

11,667

 

1,051

 

1.29

 

 

10.693574

 

(1.09

)‡

2.16

 

 

11.402639

 

5.44

 

0.85

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL/Morningstar Wide Moat Index Fund - Class I - August 13, 2018; JNL/Neuberger Berman Strategic Income Fund - Class I - April 30, 2018; JNL/PIMCO Income Fund - Class A - September 25, 2017; JNL/PIMCO Income Fund - Class I - April 30, 2018.

*

These amounts represent the dividends, excluding distributions of capital gains, received by the Investment Division from the underlying Fund for the period indicated divided by the average net assets for the period indicated. In some instances, the investment income ratio may be rounded to 0.00% even though the Investment Division received dividend income from the Underlying Fund. The investment income ratio for Investment Divisions initially funded during the period presented have not been annualized.

§

For an Investment Division where no contact owner allocated net premiums during the period, the unit value represents the amount at which a contract owner could contribute to that Investment Division as of December 31, 2020.

Total return for period indicated, includes changes in the value of the underlying Fund, and reflects deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units, inclusion of these expenses in the calculation would result in a reduction in the total return presented. Total return for current Investment Divisions with no activity during the year is calculated based on the total return of the underlying Fund less expenses that are charged directly to that Investment Division of the Separate Account. See Note 3 in the Notes to Financial Statements for additional detail on expenses. Total return for current Investment Divisions with activity for a portion of the year is calculated based on the total return of the underlying Fund for the year less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the underlying Investment Division was initially added and funded or if the Investment Division was closed during the year.

^

Annualized contract expense of Investment Divisions of the Separate Account, consist primarily of mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Funds are excluded. If no contract owner elected to allocate net premiums to a specific Investment Division for the full period, the expense ratio or range of expense ratios represents the contractual expense ratio or range of expense ratios.

¥

Some investments have a net asset and ending unit balance of less than one thousand, due to rounding it is displayed as a zero.

Total return is calculated from the effective date or the date available for investment presented in (+) footnote through the end of the reporting period and is not annualized. The effective date is the date when the optional benefit in the variable account was elected by a contract owner.

See Notes to the Financial Statements.

162


N-VPFS163rd “Page” of 183TOC1stPreviousNextBottomJust 163rd
                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment Division Data

 

 

Highest Expense Ratio

 

 

Lowest Expense Ratio

 

 

 

 

Net Assets

 

Units Outstanding

 

Investment Income

 

 

Unit

 

Total

 

Ratio of

 

 

Unit

 

Total

 

Ratio of

 

Year ended

 

(in thousands)($)¥

 

(in thousands)¥

 

Ratio(%)*

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

JNL/PIMCO Investment Grade Credit Bond Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

230

 

16

 

0.00

 

 

15.058712

 

10.19

 

0.65

 

 

14.366772

 

10.41

 

0.45

 

12/31/2019

 

101

 

7

 

5.87

 

 

13.665716

 

3.11

0.65

 

 

13.011767

 

14.24

 

0.45

 

12/31/2018+

 

 

 

0.00

 

 

11.390080

 

0.09

0.45

 

 

11.390080

 

0.09

0.45

 

JNL/PIMCO Real Return Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

86,992

 

5,571

 

0.00

 

 

12.657977

 

8.25

 

2.92

 

 

19.025967

 

11.46

 

0.00

 

12/31/2019

 

72,825

 

5,128

 

0.00

 

 

11.692889

 

5.27

 

2.92

 

 

17.069578

 

8.38

 

0.00

 

12/31/2018

 

74,158

 

5,601

 

0.69

 

 

11.107962

 

(5.06

)

2.92

 

 

15.749646

 

(2.23

)

0.00

 

12/31/2017

 

79,954

 

5,825

 

0.00

 

 

11.699822

 

0.15

 

2.92

 

 

16.108944

 

2.47

0.00

 

12/31/2016

 

76,201

 

5,656

 

5.89

 

 

11.682365

 

2.15

 

2.92

 

 

14.355144

 

4.28

 

0.85

 

JNL/PIMCO Real Return Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

196

 

10

 

0.00

 

 

17.942346

 

11.06

 

0.65

 

 

19.360297

 

11.28

 

0.45

 

12/31/2019

 

37

 

2

 

0.00

 

 

16.155927

 

2.43

0.65

 

 

17.398145

 

8.22

 

0.45

 

12/31/2018+

 

6

 

0

 

2.49

 

 

16.076249

 

(1.36

)‡

0.45

 

 

16.076249

 

(1.36

)‡

0.45

 

JNL/PPM America Floating Rate Income Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

72,156

 

6,089

 

0.00

 

 

10.250978

 

(2.33

)

2.81

 

 

13.577427

 

0.46

 

0.00

 

12/31/2019

 

93,546

 

7,835

 

0.00

 

 

10.495155

 

5.21

 

2.81

 

 

13.515656

 

8.21

 

0.00

 

12/31/2018

 

99,824

 

8,938

 

3.27

 

 

9.975328

 

(3.78

)

2.81

 

 

12.490245

 

(1.02

)

0.00

 

12/31/2017

 

94,067

 

8,215

 

3.31

 

 

10.367137

 

0.08

 

2.81

 

 

12.619097

 

2.54

0.00

 

12/31/2016

 

90,103

 

7,988

 

4.50

 

 

10.358919

 

6.39

 

2.81

 

 

11.651029

 

8.49

 

0.85

 

JNL/PPM America Floating Rate Income Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

132

 

12

 

0.00

 

 

12.960236

 

0.08

 

0.65

 

 

11.278741

 

0.28

 

0.45

 

12/31/2019

 

140

 

13

 

0.00

 

 

12.950480

 

3.41

0.65

 

 

11.247737

 

8.11

 

0.45

 

12/31/2018+

 

57

 

5

 

3.09

 

 

10.404050

 

(2.51

)‡

0.45

 

 

10.404050

 

(2.51

)‡

0.45

 

JNL/PPM America High Yield Bond Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

100,579

 

4,178

 

0.00

 

 

16.474488

 

1.94

 

3.06

 

 

33.139314

 

5.11

 

0.00

 

12/31/2019

 

114,190

 

4,924

 

0.00

 

 

16.160933

 

11.14

 

3.06

 

 

31.528797

 

14.60

 

0.00

 

12/31/2018

 

101,946

 

4,978

 

5.76

 

 

14.541272

 

(8.17

)

3.06

 

 

27.513018

 

(5.30

)

0.00

 

12/31/2017

 

120,557

 

5,526

 

5.90

 

 

15.835365

 

4.26

 

3.06

 

 

29.053405

 

6.23

0.00

 

12/31/2016

 

111,261

 

5,457

 

0.18

 

 

15.188572

 

13.51

 

3.06

 

 

23.029246

 

16.04

 

0.85

 

JNL/PPM America High Yield Bond Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

416

 

12

 

0.00

 

 

30.008032

 

4.77

 

0.65

 

 

34.304835

 

4.98

 

0.45

 

12/31/2019

 

158

 

5

 

0.00

 

 

28.642674

 

2.76

0.65

 

 

32.678550

 

14.40

 

0.45

 

12/31/2018+

 

 

 

0.00

 

 

28.564449

 

(4.14

)‡

0.45

 

 

28.564449

 

(4.14

)‡

0.45

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL/PIMCO Investment Grade Credit Bond Fund - Class I - April 30, 2018; JNL/PIMCO Real Return Fund - Class I - April 30, 2018; JNL/PPM America Floating Rate Income Fund - Class I - April 30, 2018; JNL/PPM America High Yield Bond Fund - Class I - April 30, 2018.

*

These amounts represent the dividends, excluding distributions of capital gains, received by the Investment Division from the underlying Fund for the period indicated divided by the average net assets for the period indicated. In some instances, the investment income ratio may be rounded to 0.00% even though the Investment Division received dividend income from the Underlying Fund. The investment income ratio for Investment Divisions initially funded during the period presented have not been annualized.

§

For an Investment Division where no contact owner allocated net premiums during the period, the unit value represents the amount at which a contract owner could contribute to that Investment Division as of December 31, 2020.

Total return for period indicated, includes changes in the value of the underlying Fund, and reflects deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units, inclusion of these expenses in the calculation would result in a reduction in the total return presented. Total return for current Investment Divisions with no activity during the year is calculated based on the total return of the underlying Fund less expenses that are charged directly to that Investment Division of the Separate Account. See Note 3 in the Notes to Financial Statements for additional detail on expenses. Total return for current Investment Divisions with activity for a portion of the year is calculated based on the total return of the underlying Fund for the year less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the underlying Investment Division was initially added and funded or if the Investment Division was closed during the year.

^

Annualized contract expense of Investment Divisions of the Separate Account, consist primarily of mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Funds are excluded. If no contract owner elected to allocate net premiums to a specific Investment Division for the full period, the expense ratio or range of expense ratios represents the contractual expense ratio or range of expense ratios.

¥

Some investments have a net asset and ending unit balance of less than one thousand, due to rounding it is displayed as a zero.

Total return is calculated from the effective date or the date available for investment presented in (+) footnote through the end of the reporting period and is not annualized. The effective date is the date when the optional benefit in the variable account was elected by a contract owner.

See Notes to the Financial Statements.

163


N-VPFS164th “Page” of 183TOC1stPreviousNextBottomJust 164th
                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment Division Data

 

 

Highest Expense Ratio

 

 

Lowest Expense Ratio

 

 

 

 

Net Assets

 

Units Outstanding

 

Investment Income

 

 

Unit

 

Total

 

Ratio of

 

 

Unit

 

Total

 

Ratio of

 

Year ended

 

(in thousands)($)¥

 

(in thousands)¥

 

Ratio(%)*

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

JNL/PPM America Small Cap Value Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

34,036

 

1,716

 

0.00

 

 

17.363514

 

(5.75

)

2.56

 

 

23.162698

 

(3.60

)

0.30

 

12/31/2019

 

40,724

 

1,956

 

0.00

 

 

18.423529

 

19.05

 

2.56

 

 

24.027620

 

21.77

 

0.30

 

12/31/2018

 

38,538

 

2,224

 

0.54

 

 

15.475511

 

(22.20

)

2.56

 

 

19.731806

 

(20.41

)

0.30

 

12/31/2017

 

67,563

 

3,066

 

0.37

 

 

19.891695

 

14.21

 

2.56

 

 

24.792771

 

16.93

0.30

 

12/31/2016

 

50,725

 

2,659

 

0.05

 

 

17.416394

 

27.26

 

2.56

 

 

19.616787

 

29.00

 

1.20

 

JNL/PPM America Small Cap Value Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

29

 

1

 

0.00

 

 

24.855197

 

(3.48

)

0.45

 

 

24.855197

 

(3.48

)

0.45

 

12/31/2019

 

23

 

1

 

0.00

 

 

25.751813

 

21.93

 

0.45

 

 

25.751813

 

21.93

 

0.45

 

12/31/2018+

 

17

 

1

 

1.85

 

 

21.119954

 

(16.76

)‡

0.45

 

 

21.119954

 

(16.76

)‡

0.45

 

JNL/PPM America Total Return Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

60,879

 

3,156

 

0.00

 

 

17.151245

 

7.33

 

2.32

 

 

22.661634

 

9.85

 

0.00

 

12/31/2019

 

37,311

 

2,096

 

0.00

 

 

15.979771

 

7.54

 

2.32

 

 

20.629559

 

10.06

 

0.00

 

12/31/2018

 

28,494

 

1,746

 

2.53

 

 

14.859847

 

(3.51

)

2.32

 

 

18.743837

 

(1.23

)

0.00

 

12/31/2017

 

25,248

 

1,501

 

2.42

 

 

15.400548

 

1.89

 

2.32

 

 

18.977948

 

4.10

0.00

 

12/31/2016+

 

19,420

 

1,192

 

4.33

 

 

15.114920

 

3.26

2.32

 

 

17.002568

 

2.74

0.85

 

JNL/PPM America Total Return Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

129

 

9

 

0.00

 

 

14.198575

 

9.75

 

0.45

 

 

14.198575

 

9.75

 

0.45

 

12/31/2019

 

77

 

6

 

0.00

 

 

12.937289

 

9.85

 

0.45

 

 

12.937289

 

9.85

 

0.45

 

12/31/2018+

 

18

 

1

 

0.00

 

 

11.777173

 

0.59

0.45

 

 

11.777173

 

0.59

0.45

 

JNL/RAFI Fundamental Asia Developed Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

16,919

 

791

 

0.00

 

 

18.115294

 

1.60

 

2.77

 

 

25.423872

 

4.46

 

0.00

 

12/31/2019

 

20,721

 

997

 

4.28

 

 

17.829192

 

12.72

 

2.77

 

 

24.338707

 

15.88

 

0.00

 

12/31/2018

 

17,736

 

972

 

4.30

 

 

15.817722

 

(16.23

)

2.77

 

 

21.002906

 

(13.86

)

0.00

 

12/31/2017

 

22,205

 

1,036

 

3.31

 

 

18.882333

 

19.88

 

2.77

 

 

24.383425

 

20.15

0.00

 

12/31/2016

 

16,273

 

927

 

2.01

 

 

15.750841

 

6.62

 

2.77

 

 

18.447751

 

8.68

 

0.85

 

JNL/RAFI Fundamental Asia Developed Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

61

 

2

 

0.00

 

 

24.743370

 

4.32

 

0.45

 

 

24.743370

 

4.32

 

0.45

 

12/31/2019

 

27

 

1

 

12.66

 

 

23.718442

 

11.22

0.45

 

 

23.718442

 

11.22

0.45

 

12/31/2018+

 

 

 

0.00

 

 

0.000000

 

0.00

0.00

 

 

0.000000

 

0.00

0.00

 

JNL/RAFI Fundamental Europe Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

23,619

 

1,549

 

5.80

 

 

12.895795

 

(3.69

)

2.80

 

 

18.166673

 

(0.95

)

0.00

 

12/31/2019

 

29,738

 

1,907

 

5.25

 

 

13.389271

 

11.38

 

2.80

 

 

18.341015

 

14.55

 

0.00

 

12/31/2018

 

30,090

 

2,176

 

3.27

 

 

12.020762

 

(17.16

)

2.80

 

 

16.011704

 

(14.80

)

0.00

 

12/31/2017

 

36,009

 

2,186

 

3.07

 

 

14.511059

 

20.33

 

2.80

 

 

18.792181

 

21.79

0.00

 

12/31/2016

 

25,997

 

1,928

 

3.18

 

 

12.059427

 

(4.54

)

2.80

 

 

14.160391

 

(2.66

)

0.85

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL/PPM America Small Cap Value Fund - Class I - April 30, 2018; JNL/PPM America Total Return Fund - Class A - April 25, 2016; JNL/PPM America Total Return Fund - Class I - April 30, 2018; JNL/RAFI Fundamental Asia Developed Fund - Class I - August 13, 2018.

*

These amounts represent the dividends, excluding distributions of capital gains, received by the Investment Division from the underlying Fund for the period indicated divided by the average net assets for the period indicated. In some instances, the investment income ratio may be rounded to 0.00% even though the Investment Division received dividend income from the Underlying Fund. The investment income ratio for Investment Divisions initially funded during the period presented have not been annualized.

§

For an Investment Division where no contact owner allocated net premiums during the period, the unit value represents the amount at which a contract owner could contribute to that Investment Division as of December 31, 2020.

Total return for period indicated, includes changes in the value of the underlying Fund, and reflects deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units, inclusion of these expenses in the calculation would result in a reduction in the total return presented. Total return for current Investment Divisions with no activity during the year is calculated based on the total return of the underlying Fund less expenses that are charged directly to that Investment Division of the Separate Account. See Note 3 in the Notes to Financial Statements for additional detail on expenses. Total return for current Investment Divisions with activity for a portion of the year is calculated based on the total return of the underlying Fund for the year less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the underlying Investment Division was initially added and funded or if the Investment Division was closed during the year.

^

Annualized contract expense of Investment Divisions of the Separate Account, consist primarily of mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Funds are excluded. If no contract owner elected to allocate net premiums to a specific Investment Division for the full period, the expense ratio or range of expense ratios represents the contractual expense ratio or range of expense ratios.

¥

Some investments have a net asset and ending unit balance of less than one thousand, due to rounding it is displayed as a zero.

Total return is calculated from the effective date or the date available for investment presented in (+) footnote through the end of the reporting period and is not annualized. The effective date is the date when the optional benefit in the variable account was elected by a contract owner.

See Notes to the Financial Statements.

164


N-VPFS165th “Page” of 183TOC1stPreviousNextBottomJust 165th
                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment Division Data

 

 

Highest Expense Ratio

 

 

Lowest Expense Ratio

 

 

 

 

Net Assets

 

Units Outstanding

 

Investment Income

 

 

Unit

 

Total

 

Ratio of

 

 

Unit

 

Total

 

Ratio of

 

Year ended

 

(in thousands)($)¥

 

(in thousands)¥

 

Ratio(%)*

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

JNL/RAFI Fundamental Europe Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

39

 

2

 

8.33

 

 

17.668482

 

(1.02

)

0.45

 

 

17.668482

 

(1.02

)

0.45

 

12/31/2019

 

25

 

1

 

10.47

 

 

17.850160

 

7.23

0.45

 

 

17.850160

 

7.23

0.45

 

12/31/2018+

 

 

 

0.00

 

 

0.000000

 

0.00

0.00

 

 

0.000000

 

0.00

0.00

 

JNL/RAFI Fundamental U.S. Small Cap Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

22,640

 

1,283

 

0.00

 

 

14.641959

 

5.62

 

2.80

 

 

21.471042

 

8.62

 

0.00

 

12/31/2019+

 

24,340

 

1,476

 

1.52

 

 

13.863048

 

10.47

2.80

 

 

19.767506

 

13.61

 

0.00

 

12/31/2018

 

34,637

 

2,348

 

2.32

 

 

12.548684

 

(3.38

)‡

5.50

 

 

17.399249

 

(5.81

)

0.00

 

12/31/2017

 

30,497

 

1,570

 

0.65

 

 

16.753026

 

(1.89

)‡

3.75

 

 

22.583860

 

2.12

0.00

 

12/31/2016

 

39,457

 

1,968

 

0.96

 

 

17.617522

 

19.84

 

3.06

 

 

21.271877

 

22.51

 

0.85

 

JNL/RAFI Fundamental U.S. Small Cap Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

142

 

7

 

0.00

 

 

21.806404

 

8.53

 

0.45

 

 

21.806404

 

8.53

 

0.45

 

12/31/2019+

 

62

 

3

 

1.23

 

 

20.093365

 

13.52

 

0.45

 

 

20.093365

 

13.52

 

0.45

 

12/31/2018

 

5

 

0

 

0.00

 

 

17.699886

 

(20.93

)‡

0.45

 

 

17.699886

 

(20.93

)‡

0.45

 

JNL/RAFI Multi-Factor U.S. Equity Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

197,667

 

8,155

 

0.00

 

 

18.075194

 

6.32

 

3.36

 

 

31.195250

 

9.95

 

0.00

 

12/31/2019+

 

207,265

 

9,256

 

2.59

 

 

17.001093

 

15.59

 

3.36

 

 

28.371970

 

19.54

 

0.00

 

12/31/2018

 

200,683

 

10,556

 

2.19

 

 

14.707613

 

(12.73

)

3.36

 

 

23.733499

 

14.74

0.00

 

12/31/2017

 

261,302

 

12,216

 

2.13

 

 

16.853040

 

13.08

 

3.36

 

 

26.292066

 

10.84

 

1.20

 

12/31/2016

 

231,269

 

12,479

 

2.47

 

 

14.903776

 

8.48

 

3.36

 

 

19.413605

 

(4.17

)

1.20

 

JNL/RAFI Multi-Factor U.S. Equity Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

50

 

2

 

0.00

 

 

31.812375

 

9.78

 

0.45

 

 

31.812375

 

9.78

 

0.45

 

12/31/2019+

 

73

 

3

 

0.00

 

 

28.977088

 

19.22

 

0.45

 

 

28.977088

 

19.22

 

0.45

 

12/31/2018

 

 

 

0.00

 

 

24.305743

 

(9.15

)‡

0.45

 

 

24.305743

 

(9.15

)‡

0.45

 

JNL/T. Rowe Price Balanced Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

27,222

 

1,918

 

0.00

 

 

13.333941

 

23.55

2.00

 

 

15.240007

 

11.98

 

0.00

 

12/31/2019

 

26,231

 

2,043

 

0.00

 

 

12.677731

 

21.53

 

1.25

 

 

13.610000

 

23.06

 

0.00

 

12/31/2018

 

23,668

 

2,248

 

0.00

 

 

10.431997

 

(8.14

)

1.25

 

 

11.060000

 

(6.98

)

0.00

 

12/31/2017

 

8,765

 

766

 

0.00

 

 

11.356712

 

14.12

 

1.25

 

 

11.890000

 

14.11

0.00

 

12/31/2016

 

8,039

 

804

 

0.00

 

 

9.951757

 

1.83

 

1.25

 

 

10.058757

 

2.24

 

0.85

 

JNL/T. Rowe Price Balanced Fund - Class I

 

 

 

 

 

 

 

12/31/2020+

 

6

 

0

 

0.00

 

 

14.796062

 

7.99

0.65

 

 

14.796062

 

7.99

0.65

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL/RAFI Fundamental Europe Fund - Class I - August 13, 2018; JNL/RAFI Fundamental U.S. Small Cap Fund - Class I - August 13, 2018; JNL/RAFI Multi-Factor U.S. Equity Fund - Class I - August 13, 2018; JNL/T. Rowe Price Balanced Fund - Class I - April 27, 2020. On June 24, 2019, JNL/RAFI Fundamental U.S. Small Cap Fund and JNL/RAFI Multi-Factor U.S. Equity Fund completed the acquisition of JNL/MC S&P SMid 60 Fund and JNL/MC JNL 5 Fund, respectively, each a separate series in JNL Variable Fund LLC. JNL/MC JNL 5 Fund and JNL/MC S&P SMid 60 Fund, respectively, are considered the accounting survivors for financial reporting purposes, and as a result, the Financial Highlights reflects activity of the funds formerly in JNL Variable Fund LLC for periods prior to June 24, 2019.

*

These amounts represent the dividends, excluding distributions of capital gains, received by the Investment Division from the underlying Fund for the period indicated divided by the average net assets for the period indicated. In some instances, the investment income ratio may be rounded to 0.00% even though the Investment Division received dividend income from the Underlying Fund. The investment income ratio for Investment Divisions initially funded during the period presented have not been annualized.

§

For an Investment Division where no contact owner allocated net premiums during the period, the unit value represents the amount at which a contract owner could contribute to that Investment Division as of December 31, 2020.

Total return for period indicated, includes changes in the value of the underlying Fund, and reflects deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units, inclusion of these expenses in the calculation would result in a reduction in the total return presented. Total return for current Investment Divisions with no activity during the year is calculated based on the total return of the underlying Fund less expenses that are charged directly to that Investment Division of the Separate Account. See Note 3 in the Notes to Financial Statements for additional detail on expenses. Total return for current Investment Divisions with activity for a portion of the year is calculated based on the total return of the underlying Fund for the year less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the underlying Investment Division was initially added and funded or if the Investment Division was closed during the year.

^

Annualized contract expense of Investment Divisions of the Separate Account, consist primarily of mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Funds are excluded. If no contract owner elected to allocate net premiums to a specific Investment Division for the full period, the expense ratio or range of expense ratios represents the contractual expense ratio or range of expense ratios.

¥

Some investments have a net asset and ending unit balance of less than one thousand, due to rounding it is displayed as a zero.

Total return is calculated from the effective date or the date available for investment presented in (+) footnote through the end of the reporting period and is not annualized. The effective date is the date when the optional benefit in the variable account was elected by a contract owner.

See Notes to the Financial Statements.

165


N-VPFS166th “Page” of 183TOC1stPreviousNextBottomJust 166th
                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment Division Data

 

 

Highest Expense Ratio

 

 

Lowest Expense Ratio

 

 

 

 

Net Assets

 

Units Outstanding

 

Investment Income

 

 

Unit

 

Total

 

Ratio of

 

 

Unit

 

Total

 

Ratio of

 

Year ended

 

(in thousands)($)¥

 

(in thousands)¥

 

Ratio(%)*

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

JNL/T. Rowe Price Capital Appreciation Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

524,878

 

25,895

 

0.00

 

 

18.628580

 

14.62

 

2.46

 

 

22.289270

 

17.48

 

0.00

 

12/31/2019

 

328,074

 

18,739

 

0.00

 

 

16.251793

 

21.05

 

2.46

 

 

18.972876

 

24.06

 

0.00

 

12/31/2018

 

163,494

 

11,418

 

0.65

 

 

13.425840

 

(2.05

)

2.46

 

 

15.292846

 

0.40

 

0.00

 

12/31/2017

 

112,575

 

7,784

 

0.84

 

 

13.707053

 

4.42

2.46

 

 

15.231685

 

13.45

0.00

 

12/31/2016

 

39,493

 

3,079

 

0.30

 

 

12.734278

 

6.43

 

1.25

 

 

12.902902

 

6.86

 

0.85

 

JNL/T. Rowe Price Capital Appreciation Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

4,278

 

202

 

0.00

 

 

21.192227

 

16.80

 

0.90

 

 

21.979287

 

16.05

0.40

 

12/31/2019

 

1,603

 

89

 

0.00

 

 

18.144800

 

9.40

0.90

 

 

17.758409

 

23.88

 

0.45

 

12/31/2018+

 

299

 

21

 

2.09

 

 

14.334692

 

(0.39

)‡

0.45

 

 

14.334692

 

(0.39

)‡

0.45

 

JNL/T. Rowe Price Established Growth Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

737,743

 

6,061

 

0.00

 

 

63.356741

 

31.71

 

4.00

 

 

176.673950

 

37.09

 

0.00

 

12/31/2019

 

593,203

 

6,612

 

0.00

 

 

48.102998

 

25.99

 

4.00

 

 

128.878115

 

31.13

 

0.00

 

12/31/2018

 

460,808

 

6,664

 

0.07

 

 

38.180144

 

(5.31

)

4.00

 

 

98.281310

 

(1.42

)

0.00

 

12/31/2017

 

439,673

 

6,222

 

0.06

 

 

40.319717

 

28.40

 

4.00

 

 

99.698229

 

28.51

0.00

 

12/31/2016

 

268,609

 

5,041

 

0.00

 

 

31.401944

 

(2.54

)

4.00

 

 

62.074157

 

0.57

 

0.85

 

JNL/T. Rowe Price Established Growth Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

3,958

 

23

 

0.00

 

 

157.861168

 

36.61

 

0.65

 

 

168.314265

 

36.95

 

0.40

 

12/31/2019

 

1,111

 

9

 

0.00

 

 

115.558832

 

30.69

 

0.65

 

 

122.903233

 

31.02

 

0.40

 

12/31/2018+

 

465

 

5

 

0.56

 

 

88.420889

 

(13.41

)‡

0.65

 

 

93.805659

 

(11.61

)‡

0.40

 

JNL/T. Rowe Price Mid-Cap Growth Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

434,827

 

2,730

 

0.00

 

 

57.125230

 

16.94

 

5.50

 

 

216.797426

 

23.18

 

0.30

 

12/31/2019

 

401,594

 

3,076

 

0.00

 

 

48.850403

 

24.44

 

5.50

 

 

175.998651

 

31.09

 

0.30

 

12/31/2018

 

301,096

 

2,996

 

0.00

 

 

39.254620

 

(8.53

)‡

5.50

 

 

134.261366

 

(2.75

)

0.30

 

12/31/2017

 

286,478

 

2,753

 

0.00

 

 

59.757125

 

19.60

 

4.00

 

 

138.056365

 

21.26

0.30

 

12/31/2016

 

206,574

 

2,450

 

0.00

 

 

49.964507

 

1.93

 

4.00

 

 

93.572982

 

4.92

 

1.10

 

JNL/T. Rowe Price Mid-Cap Growth Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

2,753

 

12

 

0.00

 

 

196.293499

 

22.82

 

0.90

 

 

223.150541

 

23.44

 

0.40

 

12/31/2019

 

853

 

5

 

0.00

 

 

159.820091

 

4.16

0.90

 

 

180.779211

 

31.32

 

0.40

 

12/31/2018+

 

221

 

2

 

0.00

 

 

129.762452

 

(13.78

)‡

0.65

 

 

137.664987

 

(9.88

)‡

0.40

 

JNL/T. Rowe Price Short-Term Bond Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

81,938

 

7,550

 

0.00

 

 

8.761803

 

1.05

 

2.81

 

 

13.232510

 

3.93

 

0.00

 

12/31/2019

 

70,965

 

6,720

 

0.00

 

 

8.670493

 

1.21

 

2.81

 

 

12.731756

 

4.09

 

0.00

 

12/31/2018

 

82,471

 

8,064

 

1.53

 

 

8.566865

 

(1.71

)

2.81

 

 

12.231022

 

1.10

 

0.00

 

12/31/2017

 

63,060

 

6,143

 

1.46

 

 

8.716330

 

(1.65

)

2.81

 

 

12.097722

 

1.04

0.00

 

12/31/2016

 

62,320

 

6,082

 

1.28

 

 

8.862612

 

(1.37

)

2.81

 

 

10.923690

 

0.57

 

0.85

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL/T. Rowe Price Capital Appreciation Fund - Class I - April 30, 2018; JNL/T. Rowe Price Established Growth Fund - Class I - April 30, 2018; JNL/T. Rowe Price Mid-Cap Growth Fund - Class I - April 30, 2018.

*

These amounts represent the dividends, excluding distributions of capital gains, received by the Investment Division from the underlying Fund for the period indicated divided by the average net assets for the period indicated. In some instances, the investment income ratio may be rounded to 0.00% even though the Investment Division received dividend income from the Underlying Fund. The investment income ratio for Investment Divisions initially funded during the period presented have not been annualized.

§

For an Investment Division where no contact owner allocated net premiums during the period, the unit value represents the amount at which a contract owner could contribute to that Investment Division as of December 31, 2020.

Total return for period indicated, includes changes in the value of the underlying Fund, and reflects deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units, inclusion of these expenses in the calculation would result in a reduction in the total return presented. Total return for current Investment Divisions with no activity during the year is calculated based on the total return of the underlying Fund less expenses that are charged directly to that Investment Division of the Separate Account. See Note 3 in the Notes to Financial Statements for additional detail on expenses. Total return for current Investment Divisions with activity for a portion of the year is calculated based on the total return of the underlying Fund for the year less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the underlying Investment Division was initially added and funded or if the Investment Division was closed during the year.

^

Annualized contract expense of Investment Divisions of the Separate Account, consist primarily of mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Funds are excluded. If no contract owner elected to allocate net premiums to a specific Investment Division for the full period, the expense ratio or range of expense ratios represents the contractual expense ratio or range of expense ratios.

¥

Some investments have a net asset and ending unit balance of less than one thousand, due to rounding it is displayed as a zero.

Total return is calculated from the effective date or the date available for investment presented in (+) footnote through the end of the reporting period and is not annualized. The effective date is the date when the optional benefit in the variable account was elected by a contract owner.

See Notes to the Financial Statements.

166


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JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment Division Data

 

 

Highest Expense Ratio

 

 

Lowest Expense Ratio

 

 

 

 

Net Assets

 

Units Outstanding

 

Investment Income

 

 

Unit

 

Total

 

Ratio of

 

 

Unit

 

Total

 

Ratio of

 

Year ended

 

(in thousands)($)¥

 

(in thousands)¥

 

Ratio(%)*

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

JNL/T. Rowe Price Short-Term Bond Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

1,445

 

111

 

0.00

 

 

12.439297

 

3.60

 

0.65

 

 

12.904348

 

3.77

0.40

 

12/31/2019

 

946

 

73

 

0.00

 

 

12.007475

 

0.95

0.65

 

 

12.990841

 

3.89

 

0.45

 

12/31/2018+

 

62

 

5

 

5.34

 

 

12.504648

 

1.30

0.45

 

 

12.504648

 

1.30

0.45

 

JNL/T. Rowe Price U.S. High Yield Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

9,548

 

822

 

0.00

 

 

11.068113

 

1.09

 

2.31

 

 

12.332762

 

3.45

 

0.00

 

12/31/2019

 

9,131

 

802

 

0.00

 

 

10.949215

 

7.68

 

2.31

 

 

11.921873

 

10.20

 

0.00

 

12/31/2018

 

5,334

 

511

 

4.93

 

 

10.167954

 

(4.34

)

2.31

 

 

10.818576

 

(2.09

)

0.00

 

12/31/2017

 

4,357

 

404

 

2.16

 

 

10.629046

 

0.66

2.31

 

 

11.049517

 

4.04

0.00

 

12/31/2016+

 

3,045

 

291

 

0.00

 

 

10.407317

 

3.70

2.00

 

 

10.479592

 

4.80

1.00

 

JNL/T. Rowe Price U.S. High Yield Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

24

 

2

 

0.00

 

 

11.996147

 

3.37

 

0.45

 

 

11.996147

 

3.37

 

0.45

 

12/31/2019

 

23

 

2

 

0.00

 

 

11.605072

 

10.00

 

0.45

 

 

11.605072

 

10.00

 

0.45

 

12/31/2018+

 

21

 

2

 

18.20

 

 

10.550316

 

(1.96

)‡

0.45

 

 

10.550316

 

(1.96

)‡

0.45

 

JNL/T. Rowe Price Value Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

202,461

 

5,475

 

0.00

 

 

24.035875

 

6.37

 

3.60

 

 

50.533811

 

10.27

 

0.00

 

12/31/2019

 

184,607

 

5,427

 

0.00

 

 

22.596171

 

21.66

 

3.60

 

 

45.829286

 

26.11

 

0.00

 

12/31/2018

 

143,682

 

5,263

 

1.19

 

 

18.573860

 

(12.79

)

3.60

 

 

36.340923

 

(9.58

)

0.00

 

12/31/2017

 

159,465

 

5,215

 

1.63

 

 

21.297250

 

14.52

 

3.60

 

 

40.190082

 

17.80

0.00

 

12/31/2016

 

123,667

 

4,742

 

1.91

 

 

18.596791

 

6.94

 

3.60

 

 

29.383960

 

9.91

 

0.85

 

JNL/T. Rowe Price Value Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

2,081

 

42

 

0.00

 

 

46.179145

 

9.88

 

0.65

 

 

48.629277

 

9.68

0.40

 

12/31/2019

 

433

 

9

 

0.00

 

 

42.028280

 

25.71

 

0.65

 

 

47.278888

 

25.96

 

0.45

 

12/31/2018+

 

181

 

5

 

3.80

 

 

33.433230

 

(11.41

)‡

0.65

 

 

37.534928

 

(7.70

)‡

0.45

 

JNL/Vanguard Capital Growth Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

41,417

 

2,776

 

0.00

 

 

14.458801

 

13.94

 

2.46

 

 

15.590352

 

16.78

 

0.00

 

12/31/2019

 

36,342

 

2,805

 

0.00

 

 

12.689695

 

22.77

 

2.46

 

 

13.350356

 

25.82

 

0.00

 

12/31/2018

 

27,874

 

2,661

 

0.00

 

 

10.336402

 

(4.16

)

2.46

 

 

10.610306

 

(1.75

)

0.00

 

12/31/2017+

 

5,202

 

481

 

0.00

 

 

10.785004

 

0.79

2.46

 

 

10.799750

 

8.54

0.00

 

JNL/Vanguard Capital Growth Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

1,812

 

116

 

0.00

 

 

15.380663

 

16.13

 

0.90

 

 

15.633618

 

15.18

0.40

 

12/31/2019

 

142

 

11

 

0.00

 

 

13.244787

 

9.98

0.90

 

 

13.313564

 

25.61

 

0.45

 

12/31/2018+

 

24

 

2

 

0.00

 

 

10.625782

 

(1.14

)‡

0.65

 

 

10.599458

 

(2.94

)‡

0.45

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL/T. Rowe Price Short-Term Bond Fund - Class I - April 30, 2018; JNL/T. Rowe Price U.S. High Yield Fund - Class A - April 25, 2016; JNL/T. Rowe Price U.S. High Yield Fund - Class I - April 30, 2018; JNL/T. Rowe Price Value Fund - Class I - April 30, 2018; JNL/Vanguard Capital Growth Fund - Class A - September 25, 2017; JNL/Vanguard Capital Growth Fund - Class I - April 30, 2018.

*

These amounts represent the dividends, excluding distributions of capital gains, received by the Investment Division from the underlying Fund for the period indicated divided by the average net assets for the period indicated. In some instances, the investment income ratio may be rounded to 0.00% even though the Investment Division received dividend income from the Underlying Fund. The investment income ratio for Investment Divisions initially funded during the period presented have not been annualized.

§

For an Investment Division where no contact owner allocated net premiums during the period, the unit value represents the amount at which a contract owner could contribute to that Investment Division as of December 31, 2020.

Total return for period indicated, includes changes in the value of the underlying Fund, and reflects deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units, inclusion of these expenses in the calculation would result in a reduction in the total return presented. Total return for current Investment Divisions with no activity during the year is calculated based on the total return of the underlying Fund less expenses that are charged directly to that Investment Division of the Separate Account. See Note 3 in the Notes to Financial Statements for additional detail on expenses. Total return for current Investment Divisions with activity for a portion of the year is calculated based on the total return of the underlying Fund for the year less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the underlying Investment Division was initially added and funded or if the Investment Division was closed during the year.

^

Annualized contract expense of Investment Divisions of the Separate Account, consist primarily of mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Funds are excluded. If no contract owner elected to allocate net premiums to a specific Investment Division for the full period, the expense ratio or range of expense ratios represents the contractual expense ratio or range of expense ratios.

¥

Some investments have a net asset and ending unit balance of less than one thousand, due to rounding it is displayed as a zero.

Total return is calculated from the effective date or the date available for investment presented in (+) footnote through the end of the reporting period and is not annualized. The effective date is the date when the optional benefit in the variable account was elected by a contract owner.

See Notes to the Financial Statements.

167


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JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment Division Data

 

 

Highest Expense Ratio

 

 

Lowest Expense Ratio

 

 

 

 

Net Assets

 

Units Outstanding

 

Investment Income

 

 

Unit

 

Total

 

Ratio of

 

 

Unit

 

Total

 

Ratio of

 

Year ended

 

(in thousands)($)¥

 

(in thousands)¥

 

Ratio(%)*

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

JNL/Vanguard Equity Income Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

45,269

 

3,749

 

0.00

 

 

11.733704

 

0.24

 

2.32

 

 

12.670021

 

2.59

 

0.00

 

12/31/2019

 

31,701

 

2,656

 

0.00

 

 

11.705813

 

20.91

 

2.32

 

 

12.350018

 

23.75

 

0.00

 

12/31/2018

 

16,564

 

1,691

 

0.00

 

 

9.681471

 

(8.62

)

2.32

 

 

9.980003

 

(6.47

)

0.00

 

12/31/2017+

 

4,693

 

442

 

0.00

 

 

10.595161

 

4.09

2.32

 

 

10.670000

 

6.59

0.00

 

JNL/Vanguard Equity Income Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

2,157

 

171

 

0.00

 

 

12.426543

 

2.05

 

0.90

 

 

12.631123

 

2.82

0.40

 

12/31/2019

 

725

 

59

 

0.00

 

 

12.176719

 

22.92

 

0.90

 

 

12.313842

 

23.47

 

0.45

 

12/31/2018+

 

340

 

34

 

0.00

 

 

9.906483

 

(3.06

)‡

0.90

 

 

9.973056

 

(3.76

)‡

0.45

 

JNL/Vanguard Global Bond Market Index Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

13,490

 

1,227

 

0.00

 

 

10.752419

 

3.45

 

2.05

 

 

11.519953

 

5.59

 

0.00

 

12/31/2019

 

9,412

 

892

 

0.00

 

 

10.393954

 

5.41

 

2.05

 

 

10.909969

 

7.59

 

0.00

 

12/31/2018

 

6,882

 

692

 

0.00

 

 

9.860454

 

(1.16

)

2.05

 

 

10.139954

 

0.90

 

0.00

 

12/31/2017+

 

2,032

 

203

 

0.00

 

 

9.976475

 

(0.01

)‡

2.05

 

 

10.050000

 

0.30

0.00

 

JNL/Vanguard Global Bond Market Index Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

548

 

48

 

0.00

 

 

11.372776

 

5.13

 

0.65

 

 

11.466002

 

4.93

0.40

 

12/31/2019

 

24

 

2

 

0.00

 

 

10.817564

 

7.35

 

0.65

 

 

10.888356

 

7.57

 

0.45

 

12/31/2018+

 

83

 

8

 

0.00

 

 

10.076448

 

1.17

0.65

 

 

10.122095

 

1.80

0.45

 

JNL/Vanguard Growth ETF Allocation Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

35,096

 

2,714

 

0.00

 

 

12.534327

 

11.12

 

2.25

 

 

13.489997

 

13.65

 

0.00

 

12/31/2019

 

22,828

 

1,976

 

0.00

 

 

11.280049

 

17.17

2.25

 

 

11.869998

 

22.88

 

0.00

 

12/31/2018

 

10,093

 

1,062

 

0.00

 

 

9.380400

 

(10.33

)‡

2.32

 

 

9.659998

 

(7.91

)

0.00

 

12/31/2017+

 

1,600

 

153

 

0.00

 

 

10.435535

 

1.77

2.00

 

 

10.490000

 

4.90

0.00

 

JNL/Vanguard Growth ETF Allocation Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

1,721

 

128

 

0.00

 

 

13.392706

 

13.36

 

0.65

 

 

13.480416

 

13.58

 

0.45

 

12/31/2019

 

923

 

78

 

0.00

 

 

11.814732

 

22.55

 

0.65

 

 

11.868362

 

22.80

 

0.45

 

12/31/2018+

 

312

 

32

 

0.00

 

 

9.640361

 

(9.83

)‡

0.65

 

 

9.664783

 

(7.71

)‡

0.45

 

JNL/Vanguard International Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

97,028

 

5,462

 

0.00

 

 

17.261956

 

53.06

 

2.32

 

 

18.360048

 

56.66

 

0.00

 

12/31/2019

 

50,048

 

4,352

 

0.00

 

 

11.277712

 

27.52

 

2.32

 

 

11.720039

 

30.51

 

0.00

 

12/31/2018

 

31,842

 

3,559

 

0.00

 

 

8.843939

 

(18.04

)‡

2.32

 

 

8.980031

 

(13.15

)

0.00

 

12/31/2017+

 

5,081

 

486

 

0.00

 

 

10.427752

 

2.46

2.17

 

 

10.340000

 

4.87

0.00

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL/Vanguard Equity Income Fund - Class A - September 25, 2017; JNL/Vanguard Equity Income Fund - Class I - April 30, 2018; JNL/Vanguard Global Bond Market Index Fund - Class A - September 25, 2017; JNL/Vanguard Global Bond Market Index Fund - Class I - April 30, 2018; JNL/Vanguard Growth ETF Allocation Fund - Class A - September 25, 2017; JNL/Vanguard Growth ETF Allocation Fund - Class I - April 30, 2018; JNL/Vanguard International Fund - Class A - September 25, 2017.

*

These amounts represent the dividends, excluding distributions of capital gains, received by the Investment Division from the underlying Fund for the period indicated divided by the average net assets for the period indicated. In some instances, the investment income ratio may be rounded to 0.00% even though the Investment Division received dividend income from the Underlying Fund. The investment income ratio for Investment Divisions initially funded during the period presented have not been annualized.

§

For an Investment Division where no contact owner allocated net premiums during the period, the unit value represents the amount at which a contract owner could contribute to that Investment Division as of December 31, 2020.

Total return for period indicated, includes changes in the value of the underlying Fund, and reflects deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units, inclusion of these expenses in the calculation would result in a reduction in the total return presented. Total return for current Investment Divisions with no activity during the year is calculated based on the total return of the underlying Fund less expenses that are charged directly to that Investment Division of the Separate Account. See Note 3 in the Notes to Financial Statements for additional detail on expenses. Total return for current Investment Divisions with activity for a portion of the year is calculated based on the total return of the underlying Fund for the year less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the underlying Investment Division was initially added and funded or if the Investment Division was closed during the year.

^

Annualized contract expense of Investment Divisions of the Separate Account, consist primarily of mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Funds are excluded. If no contract owner elected to allocate net premiums to a specific Investment Division for the full period, the expense ratio or range of expense ratios represents the contractual expense ratio or range of expense ratios.

¥

Some investments have a net asset and ending unit balance of less than one thousand, due to rounding it is displayed as a zero.

Total return is calculated from the effective date or the date available for investment presented in (+) footnote through the end of the reporting period and is not annualized. The effective date is the date when the optional benefit in the variable account was elected by a contract owner.

See Notes to the Financial Statements.

168


N-VPFS169th “Page” of 183TOC1stPreviousNextBottomJust 169th
                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment Division Data

 

 

Highest Expense Ratio

 

 

Lowest Expense Ratio

 

 

 

 

Net Assets

 

Units Outstanding

 

Investment Income

 

 

Unit

 

Total

 

Ratio of

 

 

Unit

 

Total

 

Ratio of

 

Year ended

 

(in thousands)($)¥

 

(in thousands)¥

 

Ratio(%)*

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

JNL/Vanguard International Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

1,612

 

88

 

0.00

 

 

18.248759

 

55.76

 

0.90

 

 

18.549189

 

52.92

0.40

 

12/31/2019

 

161

 

14

 

0.00

 

 

11.716031

 

29.68

 

0.90

 

 

11.670376

 

30.27

 

0.45

 

12/31/2018+

 

134

 

15

 

0.00

 

 

9.034424

 

(3.07

)‡

0.90

 

 

8.958846

 

(15.65

)‡

0.45

 

JNL/Vanguard International Stock Market Index Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

36,901

 

3,220

 

0.00

 

 

11.105527

 

8.28

 

2.30

 

 

11.900005

 

10.80

 

0.00

 

12/31/2019

 

27,642

 

2,636

 

0.00

 

 

10.256175

 

18.20

2.30

 

 

10.740005

 

20.95

 

0.00

 

12/31/2018

 

17,530

 

1,994

 

0.00

 

 

8.659707

 

(17.10

)

2.46

 

 

8.880001

 

(15.02

)

0.00

 

12/31/2017+

 

3,427

 

326

 

0.00

 

 

10.445982

 

2.51

2.46

 

 

10.450000

 

5.13

0.00

 

JNL/Vanguard International Stock Market Index Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

984

 

83

 

0.00

 

 

11.828808

 

10.48

 

0.65

 

 

11.925689

 

10.76

 

0.40

 

12/31/2019

 

360

 

34

 

0.00

 

 

10.706439

 

20.43

 

0.65

 

 

10.767160

 

20.73

 

0.40

 

12/31/2018+

 

176

 

20

 

0.00

 

 

8.890335

 

(1.88

)‡

0.65

 

 

8.918515

 

(13.30

)‡

0.40

 

JNL/Vanguard Moderate ETF Allocation Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

32,557

 

2,746

 

0.00

 

 

11.587669

 

7.42

 

2.05

 

 

12.389992

 

9.65

 

0.00

 

12/31/2019

 

22,836

 

2,085

 

0.00

 

 

10.787155

 

13.43

2.05

 

 

11.299998

 

15.78

 

0.00

 

12/31/2018

 

12,224

 

1,275

 

0.00

 

 

9.507589

 

(6.56

)

2.07

 

 

9.760000

 

(4.59

)

0.00

 

12/31/2017+

 

4,460

 

438

 

0.00

 

 

10.175030

 

0.80

2.07

 

 

10.230000

 

2.30

0.00

 

JNL/Vanguard Moderate ETF Allocation Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

1,260

 

102

 

0.00

 

 

12.376775

 

9.58

 

0.45

 

 

12.376775

 

9.58

 

0.45

 

12/31/2019

 

1,084

 

96

 

0.00

 

 

11.294260

 

15.67

 

0.45

 

 

11.294260

 

15.67

 

0.45

 

12/31/2018+

 

 

 

0.00

 

 

9.764225

 

(3.26

)‡

0.45

 

 

9.764225

 

(3.26

)‡

0.45

 

JNL/Vanguard Moderate Growth ETF Allocation Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

37,468

 

3,030

 

0.00

 

 

12.092678

 

9.39

 

2.05

 

 

12.930002

 

11.66

 

0.00

 

12/31/2019

 

27,994

 

2,494

 

0.00

 

 

11.054413

 

16.96

2.05

 

 

11.580000

 

19.38

 

0.00

 

12/31/2018

 

16,358

 

1,716

 

0.00

 

 

9.449125

 

(8.39

)

2.07

 

 

9.700000

 

(6.46

)

0.00

 

12/31/2017+

 

3,817

 

369

 

0.00

 

 

10.314270

 

1.38

2.07

 

 

10.370000

 

3.70

0.00

 

JNL/Vanguard Moderate Growth ETF Allocation Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

1,972

 

153

 

0.00

 

 

12.834634

 

11.33

 

0.65

 

 

12.918794

 

11.55

 

0.45

 

12/31/2019

 

409

 

35

 

0.00

 

 

11.528951

 

0.33

0.65

 

 

11.581349

 

19.46

 

0.45

 

12/31/2018+

 

 

 

0.00

 

 

9.694627

 

(5.63

)‡

0.45

 

 

9.694627

 

(5.63

)‡

0.45

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL/Vanguard International Fund - Class I - April 30, 2018; JNL/Vanguard International Stock Market Index Fund - Class A - September 25, 2017; JNL/Vanguard International Stock Market Index Fund - Class I - April 30, 2018; JNL/Vanguard Moderate ETF Allocation Fund - Class A - September 25, 2017; JNL/Vanguard Moderate ETF Allocation Fund - Class I - April 30, 2018; JNL/Vanguard Moderate Growth ETF Allocation Fund - Class A - September 25, 2017; JNL/Vanguard Moderate Growth ETF Allocation Fund - Class I - April 30, 2018.

*

These amounts represent the dividends, excluding distributions of capital gains, received by the Investment Division from the underlying Fund for the period indicated divided by the average net assets for the period indicated. In some instances, the investment income ratio may be rounded to 0.00% even though the Investment Division received dividend income from the Underlying Fund. The investment income ratio for Investment Divisions initially funded during the period presented have not been annualized.

§

For an Investment Division where no contact owner allocated net premiums during the period, the unit value represents the amount at which a contract owner could contribute to that Investment Division as of December 31, 2020.

Total return for period indicated, includes changes in the value of the underlying Fund, and reflects deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units, inclusion of these expenses in the calculation would result in a reduction in the total return presented. Total return for current Investment Divisions with no activity during the year is calculated based on the total return of the underlying Fund less expenses that are charged directly to that Investment Division of the Separate Account. See Note 3 in the Notes to Financial Statements for additional detail on expenses. Total return for current Investment Divisions with activity for a portion of the year is calculated based on the total return of the underlying Fund for the year less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the underlying Investment Division was initially added and funded or if the Investment Division was closed during the year.

^

Annualized contract expense of Investment Divisions of the Separate Account, consist primarily of mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Funds are excluded. If no contract owner elected to allocate net premiums to a specific Investment Division for the full period, the expense ratio or range of expense ratios represents the contractual expense ratio or range of expense ratios.

¥

Some investments have a net asset and ending unit balance of less than one thousand, due to rounding it is displayed as a zero.

Total return is calculated from the effective date or the date available for investment presented in (+) footnote through the end of the reporting period and is not annualized. The effective date is the date when the optional benefit in the variable account was elected by a contract owner.

See Notes to the Financial Statements.

169


N-VPFS170th “Page” of 183TOC1stPreviousNextBottomJust 170th
                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment Division Data

 

 

Highest Expense Ratio

 

 

Lowest Expense Ratio

 

 

 

 

Net Assets

 

Units Outstanding

 

Investment Income

 

 

Unit

 

Total

 

Ratio of

 

 

Unit

 

Total

 

Ratio of

 

Year ended

 

(in thousands)($)¥

 

(in thousands)¥

 

Ratio(%)*

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

JNL/Vanguard Small Company Growth Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

20,107

 

1,363

 

0.00

 

 

14.337615

 

19.57

 

2.32

 

 

15.420036

 

22.38

 

0.00

 

12/31/2019

 

22,585

 

1,846

 

0.00

 

 

11.990554

 

24.35

 

2.32

 

 

12.600032

 

27.27

 

0.00

 

12/31/2018

 

17,664

 

1,810

 

0.00

 

 

9.642282

 

(9.72

)‡

2.32

 

 

9.899988

 

(7.82

)

0.00

 

12/31/2017+

 

3,801

 

354

 

0.00

 

 

10.711928

 

2.49

2.16

 

 

10.740174

 

7.72

0.00

 

JNL/Vanguard Small Company Growth Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

410

 

27

 

0.00

 

 

15.298042

 

21.98

 

0.65

 

 

15.424085

 

22.28

 

0.40

 

12/31/2019

 

342

 

27

 

0.00

 

 

12.541582

 

26.83

 

0.65

 

 

12.613367

 

27.16

 

0.40

 

12/31/2018+

 

118

 

12

 

0.00

 

 

9.888110

 

(8.25

)‡

0.65

 

 

9.919561

 

(16.82

)‡

0.40

 

JNL/Vanguard U.S. Stock Market Index Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

82,764

 

5,484

 

0.00

 

 

14.655642

 

17.44

 

2.31

 

 

15.780000

 

20.18

 

0.00

 

12/31/2019

 

53,796

 

4,224

 

0.00

 

 

12.479435

 

27.13

2.31

 

 

13.130000

 

30.13

 

0.00

 

12/31/2018

 

28,919

 

2,914

 

0.00

 

 

9.800229

 

(8.09

)

2.46

 

 

10.090000

 

(5.79

)

0.00

 

12/31/2017+

 

4,836

 

452

 

0.00

 

 

10.662959

 

0.80

2.46

 

 

10.710000

 

7.31

0.00

 

JNL/Vanguard U.S. Stock Market Index Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

105

 

7

 

0.00

 

 

15.656079

 

19.85

 

0.65

 

 

15.727146

 

20.09

 

0.45

 

12/31/2019

 

88

 

7

 

0.00

 

 

13.062688

 

29.63

 

0.65

 

 

13.095750

 

29.89

 

0.45

 

12/31/2018+

 

304

 

30

 

0.00

 

 

10.077072

 

(8.86

)‡

0.65

 

 

10.082379

 

(5.52

)‡

0.45

 

JNL/WCM Focused International Equity Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

27,750

 

1,278

 

0.29

 

 

20.248972

 

29.01

 

2.30

 

 

23.947236

 

32.01

 

0.00

 

12/31/2019

 

17,213

 

1,031

 

0.69

 

 

15.695533

 

8.21

2.30

 

 

18.140257

 

35.48

 

0.00

 

12/31/2018

 

4,900

 

388

 

0.00

 

 

12.102458

 

(4.49

)‡

1.91

 

 

13.390084

 

(7.85

)

0.00

 

12/31/2017

 

2,249

 

161

 

0.35

 

 

13.772552

 

30.02

 

1.25

 

 

14.530279

 

27.48

0.00

 

12/31/2016

 

1,160

 

109

 

0.09

 

 

10.593039

 

(1.12

)

1.25

 

 

10.733194

 

(0.73

)

0.85

 

JNL/WCM Focused International Equity Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

885

 

37

 

0.52

 

 

23.196629

 

31.55

 

0.65

 

 

23.623427

 

56.62

0.40

 

12/31/2019

 

92

 

5

 

1.25

 

 

17.632725

 

8.80

0.65

 

 

17.969816

 

35.21

 

0.45

 

12/31/2018+

 

 

 

0.00

 

 

13.289936

 

(8.85

)‡

0.45

 

 

13.289936

 

(8.85

)‡

0.45

 

JNL/Westchester Capital Event Driven Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

2,045

 

170

 

0.00

 

 

11.412881

 

4.14

 

2.05

 

 

12.822888

 

6.30

 

0.00

 

12/31/2019

 

3,085

 

271

 

0.00

 

 

10.958830

 

9.63

2.05

 

 

12.062859

 

11.77

 

0.00

 

12/31/2018

 

1,834

 

178

 

0.00

 

 

10.044737

 

(0.30

)‡

1.95

 

 

10.792516

 

4.94

 

0.00

 

12/31/2017

 

349

 

35

 

3.20

 

 

9.948469

 

4.26

 

1.25

 

 

10.284722

 

4.92

0.00

 

12/31/2016

 

155

 

16

 

0.16

 

 

9.541545

 

1.38

 

1.25

 

 

9.579756

 

1.64

 

1.00

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL/Vanguard Small Company Growth Fund - Class A - September 25, 2017; JNL/Vanguard Small Company Growth Fund - Class I - April 30, 2018; JNL/Vanguard U.S. Stock Market Index Fund - Class A - September 25, 2017; JNL/Vanguard U.S. Stock Market Index Fund - Class I - April 30, 2018; JNL/WCM Focused International Equity Fund - Class I - April 30, 2018.

*

These amounts represent the dividends, excluding distributions of capital gains, received by the Investment Division from the underlying Fund for the period indicated divided by the average net assets for the period indicated. In some instances, the investment income ratio may be rounded to 0.00% even though the Investment Division received dividend income from the Underlying Fund. The investment income ratio for Investment Divisions initially funded during the period presented have not been annualized.

§

For an Investment Division where no contact owner allocated net premiums during the period, the unit value represents the amount at which a contract owner could contribute to that Investment Division as of December 31, 2020.

Total return for period indicated, includes changes in the value of the underlying Fund, and reflects deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units, inclusion of these expenses in the calculation would result in a reduction in the total return presented. Total return for current Investment Divisions with no activity during the year is calculated based on the total return of the underlying Fund less expenses that are charged directly to that Investment Division of the Separate Account. See Note 3 in the Notes to Financial Statements for additional detail on expenses. Total return for current Investment Divisions with activity for a portion of the year is calculated based on the total return of the underlying Fund for the year less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the underlying Investment Division was initially added and funded or if the Investment Division was closed during the year.

^

Annualized contract expense of Investment Divisions of the Separate Account, consist primarily of mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Funds are excluded. If no contract owner elected to allocate net premiums to a specific Investment Division for the full period, the expense ratio or range of expense ratios represents the contractual expense ratio or range of expense ratios.

¥

Some investments have a net asset and ending unit balance of less than one thousand, due to rounding it is displayed as a zero.

Total return is calculated from the effective date or the date available for investment presented in (+) footnote through the end of the reporting period and is not annualized. The effective date is the date when the optional benefit in the variable account was elected by a contract owner.

See Notes to the Financial Statements.

170


N-VPFS171st “Page” of 183TOC1stPreviousNextBottomJust 171st
                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment Division Data

 

 

Highest Expense Ratio

 

 

Lowest Expense Ratio

 

 

 

 

Net Assets

 

Units Outstanding

 

Investment Income

 

 

Unit

 

Total

 

Ratio of

 

 

Unit

 

Total

 

Ratio of

 

Year ended

 

(in thousands)($)¥

 

(in thousands)¥

 

Ratio(%)*

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

JNL/Westchester Capital Event Driven Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

 

 

0.00

 

 

12.356816

 

5.64

 

0.90

 

 

12.420578

 

6.12

 

0.45

 

12/31/2019

 

 

 

0.00

 

 

11.697168

 

5.22

0.90

 

 

11.704748

 

11.65

 

0.45

 

12/31/2018+

 

1

 

0

 

0.00

 

 

10.483022

 

4.07

0.45

 

 

10.483022

 

4.07

0.45

 

JNL/WMC Balanced Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

532,083

 

9,114

 

0.00

 

 

35.793221

 

4.81

 

3.30

 

 

83.410741

 

8.33

 

0.00

 

12/31/2019

 

501,255

 

9,182

 

0.00

 

 

34.150432

 

17.52

 

3.30

 

 

76.998988

 

21.46

 

0.00

 

12/31/2018

 

406,144

 

8,938

 

1.66

 

 

29.058896

 

(6.56

)

3.30

 

 

63.394477

 

(3.41

)

0.00

 

12/31/2017

 

398,490

 

8,367

 

1.43

 

 

31.100142

 

8.85

 

3.30

 

 

65.633219

 

11.83

0.00

 

12/31/2016

 

319,121

 

7,473

 

1.39

 

 

28.572122

 

7.23

 

3.30

 

 

48.542438

 

9.88

 

0.85

 

JNL/WMC Balanced Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

1,128

 

13

 

0.00

 

 

74.495935

 

7.95

 

0.65

 

 

86.725396

 

8.17

 

0.45

 

12/31/2019

 

851

 

11

 

0.00

 

 

69.009335

 

21.05

 

0.65

 

 

80.177555

 

21.30

 

0.45

 

12/31/2018+

 

634

 

10

 

0.00

 

 

57.007017

 

(0.64

)‡

0.65

 

 

66.100689

 

(1.86

)‡

0.45

 

JNL/WMC Government Money Market Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

127,863

 

10,549

 

0.18

 

 

7.576705

 

(2.81

)

3.06

 

 

16.602588

 

0.21

 

0.00

 

12/31/2019

 

69,689

 

5,775

 

1.54

 

 

7.795853

 

(1.52

)

3.06

 

 

16.567919

 

1.54

 

0.00

 

12/31/2018

 

69,399

 

5,905

 

1.12

 

 

7.916408

 

(1.93

)

3.06

 

 

16.317041

 

1.13

 

0.00

 

12/31/2017

 

67,399

 

5,724

 

0.12

 

 

8.072295

 

(2.88

)

3.06

 

 

16.134201

 

0.13

0.00

 

12/31/2016

 

76,889

 

6,479

 

0.00

 

 

8.311313

 

(3.00

)

3.06

 

 

13.405339

 

(0.84

)

0.85

 

JNL/WMC Government Money Market Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

2,204

 

135

 

0.29

 

 

14.642573

 

(0.44

)‡

0.65

 

 

15.611993

 

(0.02

)‡

0.40

 

12/31/2019

 

502

 

29

 

1.75

 

 

17.069890

 

1.54

 

0.45

 

 

17.069890

 

1.54

 

0.45

 

12/31/2018+

 

21

 

1

 

1.93

 

 

16.811053

 

0.92

0.45

 

 

16.811053

 

0.92

0.45

 

JNL/WMC Value Fund - Class A

 

 

 

 

 

 

 

12/31/2020

 

50,086

 

1,201

 

0.00

 

 

28.385230

 

(2.09

)

3.62

 

 

52.027460

 

1.21

 

0.30

 

12/31/2019

 

55,858

 

1,339

 

0.00

 

 

28.991820

 

22.98

 

3.62

 

 

51.403525

 

27.13

 

0.30

 

12/31/2018

 

49,687

 

1,496

 

1.80

 

 

23.574712

 

(13.50

)

3.62

 

 

40.433554

 

(10.57

)

0.30

 

12/31/2017

 

55,522

 

1,482

 

1.69

 

 

27.255312

 

11.12

 

3.62

 

 

45.212441

 

14.47

0.30

 

12/31/2016

 

49,470

 

1,502

 

1.08

 

 

24.528184

 

9.40

 

3.62

 

 

35.126838

 

12.19

 

1.10

 

JNL/WMC Value Fund - Class I

 

 

 

 

 

 

 

12/31/2020

 

 

 

0.00

 

 

56.353113

 

1.38

 

0.45

 

 

56.353113

 

1.38

 

0.45

 

12/31/2019

 

 

 

0.00

 

 

55.586720

 

27.28

 

0.45

 

 

55.586720

 

27.28

 

0.45

 

12/31/2018+

 

 

 

0.00

 

 

43.672109

 

(8.61

)‡

0.45

 

 

43.672109

 

(8.61

)‡

0.45

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL/Westchester Capital Event Driven Fund - Class I - April 30, 2018; JNL/WMC Balanced Fund - Class I - April 30, 2018; JNL/WMC Government Money Market Fund - Class I - April 30, 2018; JNL/WMC Value Fund - Class I - April 30, 2018.

*

These amounts represent the dividends, excluding distributions of capital gains, received by the Investment Division from the underlying Fund for the period indicated divided by the average net assets for the period indicated. In some instances, the investment income ratio may be rounded to 0.00% even though the Investment Division received dividend income from the Underlying Fund. The investment income ratio for Investment Divisions initially funded during the period presented have not been annualized.

§

For an Investment Division where no contact owner allocated net premiums during the period, the unit value represents the amount at which a contract owner could contribute to that Investment Division as of December 31, 2020.

Total return for period indicated, includes changes in the value of the underlying Fund, and reflects deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units, inclusion of these expenses in the calculation would result in a reduction in the total return presented. Total return for current Investment Divisions with no activity during the year is calculated based on the total return of the underlying Fund less expenses that are charged directly to that Investment Division of the Separate Account. See Note 3 in the Notes to Financial Statements for additional detail on expenses. Total return for current Investment Divisions with activity for a portion of the year is calculated based on the total return of the underlying Fund for the year less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the underlying Investment Division was initially added and funded or if the Investment Division was closed during the year.

^

Annualized contract expense of Investment Divisions of the Separate Account, consist primarily of mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Funds are excluded. If no contract owner elected to allocate net premiums to a specific Investment Division for the full period, the expense ratio or range of expense ratios represents the contractual expense ratio or range of expense ratios.

¥

Some investments have a net asset and ending unit balance of less than one thousand, due to rounding it is displayed as a zero.

Total return is calculated from the effective date or the date available for investment presented in (+) footnote through the end of the reporting period and is not annualized. The effective date is the date when the optional benefit in the variable account was elected by a contract owner.

See Notes to the Financial Statements.

171


N-VPFS172nd “Page” of 183TOC1stPreviousNextBottomJust 172nd
                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment Division Data

 

 

Highest Expense Ratio

 

 

Lowest Expense Ratio

 

 

 

 

Net Assets

 

Units Outstanding

 

Investment Income

 

 

Unit

 

Total

 

Ratio of

 

 

Unit

 

Total

 

Ratio of

 

Year ended

 

(in thousands)($)¥

 

(in thousands)¥

 

Ratio(%)*

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

JNL Institutional Alt 100 Fund - Class A

 

 

 

 

 

 

 

12/31/2020#

 

 

 

0.00

 

 

9.443530

 

(11.36

)

1.25

 

 

10.464654

 

(11.01

)

0.00

 

12/31/2019

 

10,886

 

1,005

 

0.00

 

 

10.653210

 

9.79

 

1.25

 

 

11.758860

 

11.17

 

0.00

 

12/31/2018

 

13,799

 

1,401

 

0.00

 

 

9.703648

 

(7.00

)

1.25

 

 

10.577722

 

(5.82

)

0.00

 

12/31/2017

 

18,726

 

1,774

 

0.00

 

 

10.433784

 

3.73

 

1.25

 

 

11.231573

 

4.62

0.00

 

12/31/2016

 

23,432

 

2,308

 

0.00

 

 

10.058746

 

(1.14

)

1.25

 

 

10.257567

 

(0.75

)

0.85

 

JNL Institutional Alt 25 Fund - Class A

 

 

 

 

 

 

 

12/31/2020#

 

 

 

0.00

 

 

15.548049

 

(13.66

)

2.56

 

 

19.960264

 

(13.05

)

0.30

 

12/31/2019

 

129,962

 

6,447

 

0.00

 

 

18.008603

 

15.44

 

2.56

 

 

22.955469

 

18.08

 

0.30

 

12/31/2018

 

126,769

 

7,339

 

0.00

 

 

15.599310

 

(9.28

)

2.56

 

 

19.439867

 

(7.19

)

0.30

 

12/31/2017

 

155,800

 

8,276

 

0.00

 

 

17.194646

 

11.45

 

2.56

 

 

20.946569

 

12.65

0.30

 

12/31/2016

 

77,722

 

4,646

 

0.00

 

 

15.427889

 

3.36

 

2.56

 

 

17.140142

 

4.78

 

1.20

 

JNL Institutional Alt 25 Fund - Class I

 

 

 

 

 

 

 

12/31/2020#

 

 

 

0.00

 

 

19.580330

 

(13.06

)

0.65

 

 

16.305345

 

(13.01

)

0.45

 

12/31/2019

 

14

 

1

 

0.00

 

 

22.522599

 

4.46

0.65

 

 

18.743720

 

18.28

 

0.45

 

12/31/2018+

 

 

 

0.00

 

 

15.847531

 

(6.35

)‡

0.45

 

 

15.847531

 

(6.35

)‡

0.45

 

JNL Institutional Alt 50 Fund - Class A

 

 

 

 

 

 

 

12/31/2020#

 

 

 

0.00

 

 

15.044174

 

(12.37

)

2.56

 

 

19.968956

 

(11.67

)

0.00

 

12/31/2019

 

92,545

 

4,814

 

0.00

 

 

17.168682

 

12.46

 

2.56

 

 

22.606368

 

15.38

 

0.00

 

12/31/2018

 

91,359

 

5,406

 

0.00

 

 

15.265996

 

(8.58

)

2.56

 

 

19.593043

 

(1.65

)‡

0.00

 

12/31/2017

 

115,278

 

6,303

 

0.00

 

 

16.697918

 

7.74

 

2.56

 

 

20.346513

 

9.09

0.30

 

12/31/2016

 

105,472

 

6,298

 

0.00

 

 

15.498787

 

1.48

 

2.56

 

 

17.222595

 

2.86

 

1.20

 

JNL Institutional Alt 50 Fund - Class I

 

 

 

 

 

 

 

12/31/2020#

 

 

 

0.00

 

 

16.304301

 

(11.68

)

0.45

 

 

16.304301

 

(11.68

)

0.45

 

12/31/2019

 

 

 

0.00

 

 

18.461110

 

15.17

 

0.45

 

 

18.461110

 

15.17

 

0.45

 

12/31/2018+

 

 

 

0.00

 

 

16.030050

 

(5.46

)‡

0.45

 

 

16.030050

 

(5.46

)‡

0.45

 

JNL/Eaton Vance Global Macro Absolute Return Advantage Fund - Class A

 

 

 

 

 

 

 

12/31/2020#

 

 

 

0.00

 

 

9.204379

 

(12.53

)

2.05

 

 

10.622727

 

(11.96

)

0.00

 

12/31/2019

 

4,747

 

426

 

2.11

 

 

10.522526

 

10.06

2.05

 

 

12.065986

 

14.64

 

0.00

 

12/31/2018

 

2,936

 

295

 

0.00

 

 

9.721260

 

(3.43

)‡

1.40

 

 

10.525429

 

(7.54

)

0.00

 

12/31/2017

 

2,825

 

260

 

3.84

 

 

10.738783

 

3.84

 

1.25

 

 

11.384134

 

5.26

0.00

 

12/31/2016

 

2,250

 

216

 

5.34

 

 

10.341168

 

5.14

 

1.25

 

 

10.494169

 

5.56

 

0.85

 

JNL/Eaton Vance Global Macro Absolute Return Advantage Fund - Class I

 

 

 

 

 

 

 

12/31/2020#

 

 

 

0.00

 

 

9.121568

 

(11.96

)

0.45

 

 

9.121568

 

(11.96

)

0.45

 

12/31/2019

 

 

 

0.00

 

 

10.361261

 

14.38

 

0.45

 

 

10.361261

 

14.38

 

0.45

 

12/31/2018+

 

 

 

0.00

 

 

9.058320

 

(7.70

)‡

0.45

 

 

9.058320

 

(7.70

)‡

0.45

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL Institutional Alt 25 Fund - Class I - April 30, 2018; JNL Institutional Alt 50 Fund - Class I - April 30, 2018; JNL/Eaton Vance Global Macro Absolute Return Advantage Fund - Class I - April 30, 2018.

*

These amounts represent the dividends, excluding distributions of capital gains, received by the Investment Division from the underlying Fund for the period indicated divided by the average net assets for the period indicated. In some instances, the investment income ratio may be rounded to 0.00% even though the Investment Division received dividend income from the Underlying Fund. The investment income ratio for Investment Divisions initially funded during the period presented have not been annualized.

§

For an Investment Division where no contact owner allocated net premiums during the period, the unit value represents the amount at which a contract owner could contribute to that Investment Division as of December 31, 2020.

Total return for period indicated, includes changes in the value of the underlying Fund, and reflects deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units, inclusion of these expenses in the calculation would result in a reduction in the total return presented. Total return for current Investment Divisions with no activity during the year is calculated based on the total return of the underlying Fund less expenses that are charged directly to that Investment Division of the Separate Account. See Note 3 in the Notes to Financial Statements for additional detail on expenses. Total return for current Investment Divisions with activity for a portion of the year is calculated based on the total return of the underlying Fund for the year less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the underlying Investment Division was initially added and funded or if the Investment Division was closed during the year.

^

Annualized contract expense of Investment Divisions of the Separate Account, consist primarily of mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Funds are excluded. If no contract owner elected to allocate net premiums to a specific Investment Division for the full period, the expense ratio or range of expense ratios represents the contractual expense ratio or range of expense ratios.

¥

Some investments have a net asset and ending unit balance of less than one thousand, due to rounding it is displayed as a zero.

#

The period is from January 1, 2020 through April 24, 2020 the date the Fund was acquired. The respective acquisitions can be found in Note 1 in the Notes to Financial Statements. Unit values disclosed are as of April 21, 2020. For periods less than one year, ratios have not been annualized.

Total return is calculated from the effective date or the date available for investment presented in (+) footnote through the end of the reporting period and is not annualized. The effective date is the date when the optional benefit in the variable account was elected by a contract owner.

See Notes to the Financial Statements.

172


N-VPFS173rd “Page” of 183TOC1stPreviousNextBottomJust 173rd
                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment Division Data

 

 

Highest Expense Ratio

 

 

Lowest Expense Ratio

 

 

 

 

Net Assets

 

Units Outstanding

 

Investment Income

 

 

Unit

 

Total

 

Ratio of

 

 

Unit

 

Total

 

Ratio of

 

Year ended

 

(in thousands)($)¥

 

(in thousands)¥

 

Ratio(%)*

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

JNL/FAMCO Flex Core Covered Call Fund - Class A

 

 

 

 

 

 

 

12/31/2020#

 

 

 

0.00

 

 

11.003235

 

(19.82

)

2.00

 

 

12.970011

 

(19.31

)

0.00

 

12/31/2019

 

14,540

 

988

 

0.00

 

 

13.722531

 

6.35

2.00

 

 

16.074076

 

21.62

 

0.00

 

12/31/2018

 

12,063

 

984

 

1.16

 

 

11.551672

 

(11.09

)‡

1.95

 

 

13.216462

 

(10.28

)

0.00

 

12/31/2017

 

12,381

 

894

 

1.77

 

 

13.247449

 

2.47

1.80

 

 

14.731444

 

10.20

0.00

 

12/31/2016

 

10,560

 

842

 

2.74

 

 

12.414316

 

6.75

 

1.25

 

 

12.659853

 

7.18

 

0.85

 

JNL/FAMCO Flex Core Covered Call Fund - Class I

 

 

 

 

 

 

 

12/31/2020#

 

 

 

0.00

 

 

10.972947

 

(19.34

)

0.45

 

 

10.972947

 

(19.34

)

0.45

 

12/31/2019

 

 

 

0.00

 

 

13.604181

 

21.43

 

0.45

 

 

13.604181

 

21.43

 

0.45

 

12/31/2018+

 

 

 

0.00

 

 

11.203386

 

(7.77

)‡

0.45

 

 

11.203386

 

(7.77

)‡

0.45

 

JNL/FPA + DoubleLine Flexible Allocation Fund - Class A

 

 

 

 

 

 

 

12/31/2020#

 

 

 

0.00

 

 

8.071823

 

(16.39

)

5.50

 

 

14.442341

 

(14.93

)

0.00

 

12/31/2019

 

70,520

 

4,839

 

0.00

 

 

9.654079

 

14.51

 

5.50

 

 

16.977400

 

20.98

 

0.00

 

12/31/2018

 

66,311

 

5,435

 

1.43

 

 

8.431041

 

(10.57

)‡

5.50

 

 

14.033121

 

(8.81

)

0.00

 

12/31/2017

 

85,057

 

6,261

 

0.94

 

 

11.291199

 

3.50

3.75

 

 

15.389613

 

10.11

0.00

 

12/31/2016

 

85,557

 

6,899

 

1.08

 

 

11.301545

 

0.81

 

2.81

 

 

13.028217

 

2.80

 

0.85

 

JNL/FPA + DoubleLine Flexible Allocation Fund - Class I

 

 

 

 

 

 

 

12/31/2020#

 

 

 

0.00

 

 

13.794420

 

(15.03

)

0.65

 

 

14.605853

 

(14.98

)

0.45

 

12/31/2019

 

47

 

3

 

0.00

 

 

16.235295

 

3.66

0.65

 

 

17.179635

 

20.79

 

0.45

 

12/31/2018+

 

 

 

0.00

 

 

14.222349

 

(7.33

)‡

0.45

 

 

14.222349

 

(7.33

)‡

0.45

 

JNL/Franklin Templeton Global Fund - Class A

 

 

 

 

 

 

 

12/31/2020#

 

 

 

0.00

 

 

7.941690

 

(20.00

)

2.92

 

 

11.243733

 

(19.34

)

0.30

 

12/31/2019

 

29,238

 

2,445

 

0.00

 

 

9.927112

 

11.22

 

2.92

 

 

13.939444

 

14.17

 

0.30

 

12/31/2018

 

27,919

 

2,637

 

1.88

 

 

8.925610

 

(17.27

)

2.92

 

 

12.208986

 

(15.06

)

0.30

 

12/31/2017

 

34,274

 

2,721

 

1.65

 

 

10.789212

 

14.19

 

2.92

 

 

14.374366

 

14.97

0.30

 

12/31/2016

 

30,074

 

2,769

 

2.07

 

 

9.448472

 

7.41

 

2.92

 

 

11.212542

 

9.27

 

1.20

 

JNL/Franklin Templeton Global Fund - Class I

 

 

 

 

 

 

 

12/31/2020#

 

 

 

0.00

 

 

11.914795

 

(19.28

)

0.45

 

 

11.914795

 

(19.28

)

0.45

 

12/31/2019

 

6

 

0

 

0.00

 

 

14.759947

 

14.39

 

0.45

 

 

14.759947

 

14.39

 

0.45

 

12/31/2018+

 

6

 

0

 

5.63

 

 

12.903277

 

(14.47

)‡

0.45

 

 

12.903277

 

(14.47

)‡

0.45

 

JNL/Goldman Sachs Emerging Markets Debt Fund - Class A

 

 

 

 

 

 

 

12/31/2020#

 

 

 

0.00

 

 

9.765920

 

(15.13

)

2.81

 

 

13.510384

 

(14.38

)

0.00

 

12/31/2019

 

9,063

 

664

 

0.00

 

 

11.507081

 

10.00

 

2.81

 

 

15.779208

 

13.13

 

0.00

 

12/31/2018

 

9,057

 

742

 

0.23

 

 

10.461408

 

(11.01

)

2.81

 

 

13.947812

 

(8.46

)

0.00

 

12/31/2017

 

10,787

 

801

 

0.00

 

 

11.755693

 

11.92

 

2.81

 

 

15.236782

 

13.96

0.00

 

12/31/2016

 

9,547

 

808

 

0.00

 

 

10.503728

 

6.04

 

2.81

 

 

12.342607

 

8.13

 

0.85

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL/FAMCO Flex Core Covered Call Fund - Class I - April 30, 2018; JNL/FPA + DoubleLine Flexible Allocation Fund - Class I - April 30, 2018; JNL/Franklin Templeton Global Fund - Class I - April 30, 2018.

*

These amounts represent the dividends, excluding distributions of capital gains, received by the Investment Division from the underlying Fund for the period indicated divided by the average net assets for the period indicated. In some instances, the investment income ratio may be rounded to 0.00% even though the Investment Division received dividend income from the Underlying Fund. The investment income ratio for Investment Divisions initially funded during the period presented have not been annualized.

§

For an Investment Division where no contact owner allocated net premiums during the period, the unit value represents the amount at which a contract owner could contribute to that Investment Division as of December 31, 2020.

Total return for period indicated, includes changes in the value of the underlying Fund, and reflects deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units, inclusion of these expenses in the calculation would result in a reduction in the total return presented. Total return for current Investment Divisions with no activity during the year is calculated based on the total return of the underlying Fund less expenses that are charged directly to that Investment Division of the Separate Account. See Note 3 in the Notes to Financial Statements for additional detail on expenses. Total return for current Investment Divisions with activity for a portion of the year is calculated based on the total return of the underlying Fund for the year less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the underlying Investment Division was initially added and funded or if the Investment Division was closed during the year.

^

Annualized contract expense of Investment Divisions of the Separate Account, consist primarily of mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Funds are excluded. If no contract owner elected to allocate net premiums to a specific Investment Division for the full period, the expense ratio or range of expense ratios represents the contractual expense ratio or range of expense ratios.

¥

Some investments have a net asset and ending unit balance of less than one thousand, due to rounding it is displayed as a zero.

#

The period is from January 1, 2020 through April 24, 2020 the date the Fund was acquired. The respective acquisitions can be found in Note 1 in the Notes to Financial Statements. Unit values disclosed are as of April 21, 2020. For periods less than one year, ratios have not been annualized.

Total return is calculated from the effective date or the date available for investment presented in (+) footnote through the end of the reporting period and is not annualized. The effective date is the date when the optional benefit in the variable account was elected by a contract owner.

See Notes to the Financial Statements.

173


N-VPFS174th “Page” of 183TOC1stPreviousNextBottomJust 174th
                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment Division Data

 

 

Highest Expense Ratio

 

 

Lowest Expense Ratio

 

 

 

 

Net Assets

 

Units Outstanding

 

Investment Income

 

 

Unit

 

Total

 

Ratio of

 

 

Unit

 

Total

 

Ratio of

 

Year ended

 

(in thousands)($)¥

 

(in thousands)¥

 

Ratio(%)*

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

JNL/Invesco China-India Fund - Class A

 

 

 

 

 

 

 

12/31/2020#

 

 

 

0.00

 

 

7.041041

 

(14.94

)

2.81

 

 

9.974442

 

(14.18

)

0.00

 

12/31/2019

 

50,668

 

5,203

 

0.21

 

 

8.277460

 

11.74

 

2.81

 

 

11.622834

 

14.92

 

0.00

 

12/31/2018

 

45,966

 

5,358

 

0.40

 

 

7.407989

 

(19.42

)

2.81

 

 

10.113765

 

(17.12

)

0.00

 

12/31/2017

 

57,110

 

5,446

 

0.28

 

 

9.193877

 

48.11

 

2.81

 

 

12.202336

 

45.78

0.00

 

12/31/2016

 

34,000

 

4,875

 

1.02

 

 

6.207293

 

(6.07

)

2.81

 

 

7.415794

 

(4.22

)

0.85

 

JNL/Invesco China-India Fund - Class I

 

 

 

 

 

 

 

12/31/2020#

 

 

 

0.00

 

 

9.462230

 

(14.23

)

0.65

 

 

9.699870

 

(14.17

)

0.45

 

12/31/2019

 

29

 

3

 

0.81

 

 

11.031885

 

6.51

0.65

 

 

11.301848

 

14.67

 

0.45

 

12/31/2018+

 

7

 

1

 

0.00

 

 

9.856118

 

0.00

0.45

 

 

9.856118

 

0.00

0.45

 

JNL/Mellon S&P 1500 Growth Index Fund - Class A

 

 

 

 

 

 

 

12/31/2020#

 

 

 

0.00

 

 

12.185488

 

(7.23

)

2.05

 

 

12.847332

 

(6.63

)

0.00

 

12/31/2019

 

9,353

 

708

 

0.00

 

 

13.135475

 

27.18

 

2.05

 

 

13.759999

 

29.81

 

0.00

 

12/31/2018

 

5,161

 

496

 

0.00

 

 

10.328463

 

(3.32

)

2.05

 

 

10.600000

 

(1.30

)

0.00

 

12/31/2017+

 

677

 

63

 

0.00

 

 

10.682845

 

1.70

2.05

 

 

10.740000

 

7.40

0.00

 

JNL/Mellon S&P 1500 Growth Index Fund - Class I

 

 

 

 

 

 

 

12/31/2020#

 

 

 

0.00

 

 

12.812402

 

(6.68

)

0.45

 

 

12.812402

 

(6.68

)

0.45

 

12/31/2019

 

20

 

1

 

0.00

 

 

13.729078

 

29.77

 

0.45

 

 

13.729078

 

29.77

 

0.45

 

12/31/2018+

 

10

 

1

 

0.00

 

 

10.579352

 

(3.12

)‡

0.45

 

 

10.579352

 

(3.12

)‡

0.45

 

JNL/Mellon S&P 1500 Value Index Fund - Class A

 

 

 

 

 

 

 

12/31/2020#

 

 

 

0.00

 

 

9.367026

 

(21.46

)

2.25

 

 

9.926894

 

(20.90

)

0.00

 

12/31/2019

 

6,339

 

521

 

0.00

 

 

11.926216

 

23.88

2.25

 

 

12.550000

 

30.32

 

0.00

 

12/31/2018

 

1,517

 

160

 

0.00

 

 

9.418897

 

(10.15

)‡

1.75

 

 

9.630000

 

(10.00

)

0.00

 

12/31/2017+

 

972

 

91

 

0.00

 

 

10.654052

 

4.69

1.65

 

 

10.700000

 

7.00

0.00

 

JNL/Mellon S&P 1500 Value Index Fund - Class I

 

 

 

 

 

 

 

12/31/2020#

 

 

 

0.00

 

 

9.886465

 

(20.98

)

0.45

 

 

9.899103

 

(20.97

)

0.40

 

12/31/2019

 

176

 

14

 

0.00

 

 

12.511973

 

30.40

 

0.45

 

 

12.525973

 

30.46

 

0.40

 

12/31/2018+

 

131

 

14

 

0.00

 

 

9.595343

 

(7.13

)‡

0.45

 

 

9.601269

 

(13.26

)‡

0.40

 

JNL/Neuberger Berman Currency Fund - Class A

 

 

 

 

 

 

 

12/31/2020#

 

 

 

0.00

 

 

9.061638

 

(2.95

)

1.85

 

 

10.434315

 

(2.38

)

0.00

 

12/31/2019

 

1,086

 

109

 

0.00

 

 

9.336764

 

(1.41

)‡

1.85

 

 

10.688803

 

0.10

 

0.00

 

12/31/2018

 

923

 

92

 

1.35

 

 

9.622356

 

0.45

1.65

 

 

10.678146

 

1.72

 

0.00

 

12/31/2017

 

753

 

76

 

0.00

 

 

9.825031

 

0.99

 

1.25

 

 

10.498059

 

2.04

0.00

 

12/31/2016

 

857

 

87

 

2.24

 

 

9.728964

 

(2.82

)

1.25

 

 

9.834163

 

(2.58

)

1.00

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL/Invesco China-India Fund - Class I - August 13, 2018; JNL/Mellon S&P 1500 Growth Index Fund - Class A - September 25, 2017; JNL/Mellon S&P 1500 Growth Index Fund - Class I - April 30, 2018; JNL/Mellon S&P 1500 Value Index Fund - Class A - September 25, 2017; JNL/Mellon S&P 1500 Value Index Fund - Class I - April 30, 2018.

*

These amounts represent the dividends, excluding distributions of capital gains, received by the Investment Division from the underlying Fund for the period indicated divided by the average net assets for the period indicated. In some instances, the investment income ratio may be rounded to 0.00% even though the Investment Division received dividend income from the Underlying Fund. The investment income ratio for Investment Divisions initially funded during the period presented have not been annualized.

§

For an Investment Division where no contact owner allocated net premiums during the period, the unit value represents the amount at which a contract owner could contribute to that Investment Division as of December 31, 2020.

Total return for period indicated, includes changes in the value of the underlying Fund, and reflects deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units, inclusion of these expenses in the calculation would result in a reduction in the total return presented. Total return for current Investment Divisions with no activity during the year is calculated based on the total return of the underlying Fund less expenses that are charged directly to that Investment Division of the Separate Account. See Note 3 in the Notes to Financial Statements for additional detail on expenses. Total return for current Investment Divisions with activity for a portion of the year is calculated based on the total return of the underlying Fund for the year less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the underlying Investment Division was initially added and funded or if the Investment Division was closed during the year.

^

Annualized contract expense of Investment Divisions of the Separate Account, consist primarily of mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Funds are excluded. If no contract owner elected to allocate net premiums to a specific Investment Division for the full period, the expense ratio or range of expense ratios represents the contractual expense ratio or range of expense ratios.

¥

Some investments have a net asset and ending unit balance of less than one thousand, due to rounding it is displayed as a zero.

#

The period is from January 1, 2020 through April 24, 2020 the date the Fund was acquired. The respective acquisitions can be found in Note 1 in the Notes to Financial Statements. Unit values disclosed are as of April 21, 2020. For periods less than one year, ratios have not been annualized.

Total return is calculated from the effective date or the date available for investment presented in (+) footnote through the end of the reporting period and is not annualized. The effective date is the date when the optional benefit in the variable account was elected by a contract owner.

See Notes to the Financial Statements.

174


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JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment Division Data

 

 

Highest Expense Ratio

 

 

Lowest Expense Ratio

 

 

 

 

Net Assets

 

Units Outstanding

 

Investment Income

 

 

Unit

 

Total

 

Ratio of

 

 

Unit

 

Total

 

Ratio of

 

Year ended

 

(in thousands)($)¥

 

(in thousands)¥

 

Ratio(%)*

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

JNL/Neuberger Berman Currency Fund - Class I

 

 

 

 

 

 

 

12/31/2020#

 

 

 

0.00

 

 

9.881515

 

(2.38

)

0.45

 

 

9.881515

 

(2.38

)

0.45

 

12/31/2019

 

 

 

0.00

 

 

10.122508

 

(0.04

)

0.45

 

 

10.122508

 

(0.04

)

0.45

 

12/31/2018+

 

 

 

0.00

 

 

10.126954

 

0.93

0.45

 

 

10.126954

 

0.93

0.45

 

JNL/Nicholas Convertible Arbitrage Fund - Class A

 

 

 

 

 

 

 

12/31/2020#

 

 

 

0.00

 

 

9.996232

 

(3.41

)

2.05

 

 

11.830799

 

(2.78

)

0.00

 

12/31/2019

 

6,746

 

605

 

0.00

 

 

10.348939

 

7.41

 

2.05

 

 

12.169297

 

9.64

 

0.00

 

12/31/2018

 

6,274

 

607

 

1.97

 

 

9.634643

 

(0.17

)‡

2.05

 

 

11.099545

 

0.42

 

0.00

 

12/31/2017

 

7,403

 

712

 

3.89

 

 

10.267861

 

3.65

 

1.25

 

 

11.052842

 

4.43

0.00

 

12/31/2016

 

8,030

 

803

 

0.47

 

 

9.906424

 

2.18

 

1.25

 

 

10.102616

 

2.59

 

0.85

 

JNL/Nicholas Convertible Arbitrage Fund - Class I

 

 

 

 

 

 

 

12/31/2020#

 

 

 

0.00

 

 

10.801063

 

(2.79

)

0.45

 

 

10.801063

 

(2.79

)

0.45

 

12/31/2019

 

 

 

0.00

 

 

11.111134

 

9.49

 

0.45

 

 

11.111134

 

9.49

 

0.45

 

12/31/2018+

 

 

 

0.00

 

 

10.148448

 

(0.63

)‡

0.45

 

 

10.148448

 

(0.63

)‡

0.45

 

JNL/Oppenheimer Emerging Markets Innovator Fund - Class A

 

 

 

 

 

 

 

12/31/2020#

 

 

 

0.00

 

 

8.001909

 

(26.16

)

1.25

 

 

8.517360

 

(25.87

)

0.00

 

12/31/2019

 

3,204

 

292

 

0.00

 

 

10.836691

 

22.55

 

1.25

 

 

11.489529

 

24.09

 

0.00

 

12/31/2018

 

2,645

 

297

 

0.00

 

 

8.842640

 

(23.41

)

1.25

 

 

9.258890

 

(22.44

)

0.00

 

12/31/2017

 

1,952

 

168

 

0.08

 

 

11.545594

 

39.53

 

1.25

 

 

11.938027

 

36.59

0.00

 

12/31/2016

 

632

 

76

 

0.00

 

 

8.274732

 

(1.70

)

1.25

 

 

8.330418

 

(1.31

)

0.85

 

JNL/PPM America Mid Cap Value Fund - Class A

 

 

 

 

 

 

 

12/31/2020#

 

 

 

0.00

 

 

10.779941

 

(34.92

)

2.77

 

 

15.058951

 

(34.35

)

0.00

 

12/31/2019

 

38,675

 

1,992

 

0.00

 

 

16.563494

 

16.01

 

2.77

 

 

22.937724

 

19.27

 

0.00

 

12/31/2018

 

32,431

 

1,961

 

0.93

 

 

14.277647

 

(22.29

)

2.77

 

 

19.232089

 

(20.10

)

0.00

 

12/31/2017

 

37,794

 

1,801

 

0.64

 

 

18.373875

 

9.31

 

2.77

 

 

24.069890

 

11.60

0.00

 

12/31/2016

 

34,770

 

1,839

 

0.61

 

 

16.809644

 

23.94

 

2.77

 

 

19.884754

 

26.34

 

0.85

 

JNL/PPM America Mid Cap Value Fund - Class I

 

 

 

 

 

 

 

12/31/2020#

 

 

 

0.00

 

 

15.285710

 

(34.38

)

0.45

 

 

15.285710

 

(34.38

)

0.45

 

12/31/2019

 

50

 

2

 

0.00

 

 

23.293761

 

19.09

 

0.45

 

 

23.293761

 

19.09

 

0.45

 

12/31/2018+

 

13

 

1

 

2.23

 

 

19.559573

 

(17.16

)‡

0.45

 

 

19.559573

 

(17.16

)‡

0.45

 

JNL/PPM America Value Equity Fund - Class A

 

 

 

 

 

 

 

12/31/2020#

 

 

 

0.00

 

 

15.227894

 

(29.29

)

3.62

 

 

34.866074

 

(28.55

)

0.30

 

12/31/2019

 

15,240

 

446

 

0.00

 

 

21.537133

 

17.48

 

3.62

 

 

48.800054

 

21.44

 

0.30

 

12/31/2018

 

12,767

 

449

 

1.64

 

 

18.332995

 

(17.19

)

3.62

 

 

40.183388

 

(14.38

)

0.30

 

12/31/2017

 

15,295

 

461

 

1.37

 

 

22.137853

 

10.90

 

3.62

 

 

46.929974

 

13.30

0.30

 

12/31/2016

 

11,881

 

413

 

2.05

 

 

19.962828

 

17.31

 

3.62

 

 

33.364029

 

20.11

 

1.25

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL/Neuberger Berman Currency Fund - Class I - April 30, 2018; JNL/Nicholas Convertible Arbitrage Fund - Class I - April 30, 2018; JNL/PPM America Mid Cap Value Fund - Class I - April 30, 2018.

*

These amounts represent the dividends, excluding distributions of capital gains, received by the Investment Division from the underlying Fund for the period indicated divided by the average net assets for the period indicated. In some instances, the investment income ratio may be rounded to 0.00% even though the Investment Division received dividend income from the Underlying Fund. The investment income ratio for Investment Divisions initially funded during the period presented have not been annualized.

§

For an Investment Division where no contact owner allocated net premiums during the period, the unit value represents the amount at which a contract owner could contribute to that Investment Division as of December 31, 2020.

Total return for period indicated, includes changes in the value of the underlying Fund, and reflects deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units, inclusion of these expenses in the calculation would result in a reduction in the total return presented. Total return for current Investment Divisions with no activity during the year is calculated based on the total return of the underlying Fund less expenses that are charged directly to that Investment Division of the Separate Account. See Note 3 in the Notes to Financial Statements for additional detail on expenses. Total return for current Investment Divisions with activity for a portion of the year is calculated based on the total return of the underlying Fund for the year less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the underlying Investment Division was initially added and funded or if the Investment Division was closed during the year.

^

Annualized contract expense of Investment Divisions of the Separate Account, consist primarily of mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Funds are excluded. If no contract owner elected to allocate net premiums to a specific Investment Division for the full period, the expense ratio or range of expense ratios represents the contractual expense ratio or range of expense ratios.

¥

Some investments have a net asset and ending unit balance of less than one thousand, due to rounding it is displayed as a zero.

#

The period is from January 1, 2020 through April 24, 2020 the date the Fund was acquired. The respective acquisitions can be found in Note 1 in the Notes to Financial Statements. Unit values disclosed are as of April 21, 2020. For periods less than one year, ratios have not been annualized.

Total return is calculated from the effective date or the date available for investment presented in (+) footnote through the end of the reporting period and is not annualized. The effective date is the date when the optional benefit in the variable account was elected by a contract owner.

See Notes to the Financial Statements.

175


N-VPFS176th “Page” of 183TOC1stPreviousNextBottomJust 176th
                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment Division Data

 

 

Highest Expense Ratio

 

 

Lowest Expense Ratio

 

 

 

 

Net Assets

 

Units Outstanding

 

Investment Income

 

 

Unit

 

Total

 

Ratio of

 

 

Unit

 

Total

 

Ratio of

 

Year ended

 

(in thousands)($)¥

 

(in thousands)¥

 

Ratio(%)*

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

 

Value($)§

 

Return(%)†

 

Expenses(%)^

 

JNL/PPM America Value Equity Fund - Class I

 

 

 

 

 

 

 

12/31/2020#

 

 

 

0.00

 

 

39.164706

 

(28.52

)

0.45

 

 

39.164706

 

(28.52

)

0.45

 

12/31/2019

 

14

 

0

 

0.00

 

 

54.789871

 

21.64

 

0.45

 

 

54.789871

 

21.64

 

0.45

 

12/31/2018+

 

6

 

0

 

2.92

 

 

45.042287

 

(13.24

)‡

0.45

 

 

45.042287

 

(13.24

)‡

0.45

 

JNL/S&P Mid 3 Fund - Class A

 

 

 

 

 

 

 

12/31/2020#

 

 

 

0.00

 

 

7.604445

 

(36.47

)

2.46

 

 

8.811949

 

(35.97

)

0.00

 

12/31/2019

 

21,122

 

1,660

 

1.72

 

 

11.969078

 

17.62

 

2.46

 

 

13.762853

 

20.55

 

0.00

 

12/31/2018

 

17,779

 

1,661

 

1.61

 

 

10.176291

 

(17.30

)

2.46

 

 

11.417027

 

(15.23

)

0.00

 

12/31/2017

 

21,729

 

1,697

 

1.95

 

 

12.305571

 

9.29

 

2.46

 

 

13.468597

 

10.49

0.00

 

12/31/2016

 

18,664

 

1,612

 

1.58

 

 

11.259613

 

15.02

 

2.46

 

 

11.754901

 

16.90

 

0.85

 

JNL/S&P Mid 3 Fund - Class I

 

 

 

 

 

 

 

12/31/2020#

 

 

 

0.00

 

 

8.848500

 

(36.02

)

0.45

 

 

8.848500

 

(36.02

)

0.45

 

12/31/2019

 

 

 

0.00

 

 

13.830582

 

20.51

 

0.45

 

 

13.830582

 

20.51

 

0.45

 

12/31/2018+

 

 

 

0.00

 

 

11.476976

 

(13.33

)‡

0.45

 

 

11.476976

 

(13.33

)‡

0.45

 

JNL/Scout Unconstrained Bond Fund - Class A

 

 

 

 

 

 

 

12/31/2020#

 

 

 

0.00

 

 

9.609527

 

(3.83

)

1.25

 

 

10.356804

 

(3.45

)

0.00

 

12/31/2019

 

3,934

 

388

 

0.00

 

 

9.992248

 

4.34

 

1.25

 

 

10.727073

 

5.65

 

0.00

 

12/31/2018

 

4,023

 

415

 

0.00

 

 

9.576611

 

(1.43

)

1.25

 

 

10.153154

 

(0.19

)

0.00

 

12/31/2017

 

4,441

 

453

 

0.80

 

 

9.715814

 

0.42

 

1.25

 

 

10.172085

 

1.58

0.00

 

12/31/2016

 

4,548

 

467

 

0.77

 

 

9.674716

 

3.24

 

1.25

 

 

9.778751

 

3.65

 

0.85

 

JNL/The London Company Focused U.S. Equity Fund - Class A

 

 

 

 

 

 

 

12/31/2020#

 

 

 

0.00

 

 

12.355207

 

(19.96

)

2.05

 

 

14.147420

 

(19.45

)

0.00

 

12/31/2019

 

2,624

 

161

 

1.78

 

 

15.437249

 

13.70

2.05

 

 

17.563042

 

25.02

 

0.00

 

12/31/2018

 

1,638

 

123

 

0.07

 

 

12.873575

 

(13.93

)‡

1.65

 

 

14.048718

 

(8.35

)

0.00

 

12/31/2017

 

1,779

 

121

 

0.71

 

 

14.529446

 

15.92

 

1.25

 

 

15.328862

 

16.84

0.00

 

12/31/2016

 

1,404

 

111

 

0.64

 

 

12.533609

 

15.21

 

1.25

 

 

12.699433

 

13.44

0.85

 

JNL/The London Company Focused U.S. Equity Fund - Class I

 

 

 

 

 

 

 

12/31/2020#

 

 

 

0.00

 

 

13.736940

 

(19.56

)

0.65

 

 

13.839247

 

(19.51

)

0.45

 

12/31/2019

 

43

 

3

 

3.72

 

 

17.077547

 

10.51

0.65

 

 

17.193936

 

24.93

 

0.45

 

12/31/2018+

 

 

 

0.00

 

 

13.762845

 

(6.44

)‡

0.45

 

 

13.762845

 

(6.44

)‡

0.45

 

JNL/VanEck International Gold Fund - Class A

 

 

 

 

 

 

 

12/31/2020#

 

 

 

0.00

 

 

6.357736

 

6.02

 

1.25

 

 

6.993160

 

6.43

 

0.00

 

12/31/2019

 

5,802

 

955

 

0.00

 

 

5.996937

 

36.56

 

1.25

 

 

6.570444

 

38.28

 

0.00

 

12/31/2018

 

3,575

 

802

 

5.83

 

 

4.391295

 

(16.52

)

1.25

 

 

4.751473

 

(15.47

)

0.00

 

12/31/2017

 

3,803

 

714

 

4.54

 

 

5.260464

 

12.00

 

1.25

 

 

5.620838

 

0.37

0.00

 

12/31/2016

 

3,051

 

644

 

0.68

 

 

4.696920

 

51.16

 

1.25

 

 

4.778462

 

51.76

 

0.85

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL/PPM America Value Equity Fund - Class I - April 30, 2018; JNL/S&P Mid 3 Fund - Class I - April 30, 2018; JNL/The London Company Focused U.S. Equity Fund - Class I - April 30, 2018.

*

These amounts represent the dividends, excluding distributions of capital gains, received by the Investment Division from the underlying Fund for the period indicated divided by the average net assets for the period indicated. In some instances, the investment income ratio may be rounded to 0.00% even though the Investment Division received dividend income from the Underlying Fund. The investment income ratio for Investment Divisions initially funded during the period presented have not been annualized.

§

For an Investment Division where no contact owner allocated net premiums during the period, the unit value represents the amount at which a contract owner could contribute to that Investment Division as of December 31, 2020.

Total return for period indicated, includes changes in the value of the underlying Fund, and reflects deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units, inclusion of these expenses in the calculation would result in a reduction in the total return presented. Total return for current Investment Divisions with no activity during the year is calculated based on the total return of the underlying Fund less expenses that are charged directly to that Investment Division of the Separate Account. See Note 3 in the Notes to Financial Statements for additional detail on expenses. Total return for current Investment Divisions with activity for a portion of the year is calculated based on the total return of the underlying Fund for the year less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the underlying Investment Division was initially added and funded or if the Investment Division was closed during the year.

^

Annualized contract expense of Investment Divisions of the Separate Account, consist primarily of mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Funds are excluded. If no contract owner elected to allocate net premiums to a specific Investment Division for the full period, the expense ratio or range of expense ratios represents the contractual expense ratio or range of expense ratios.

¥

Some investments have a net asset and ending unit balance of less than one thousand, due to rounding it is displayed as a zero.

#

The period is from January 1, 2020 through April 24, 2020 the date the Fund was acquired. The respective acquisitions can be found in Note 1 in the Notes to Financial Statements. Unit values disclosed are as of April 21, 2020. For periods less than one year, ratios have not been annualized.

Total return is calculated from the effective date or the date available for investment presented in (+) footnote through the end of the reporting period and is not annualized. The effective date is the date when the optional benefit in the variable account was elected by a contract owner.

See Notes to the Financial Statements.

176


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JNLNY Separate Account I

Notes to Financial Statements

December 31, 2020

NOTE 1. Organization

Jackson National Life Insurance Company (“Jackson”) established JNLNY Separate Account I (the “Separate Account”) on September 12, 1997. The Separate Account commenced operations on November 27, 1998, and is a unit investment trust registered with the Securities Exchange Commission (the “SEC”) under the Investment Company Act of 1940, as amended. The Separate Account is an Investment Company and follows accounting and reporting guidance under Financial Accounting Standards Board “FASB” Accounting Standards Codification (ASC) Topic 946 Financial Services – Investment Companies.

The Separate Account is a separate investment account of Jackson. Its assets legally belong to Jackson and the obligations under the contracts are the obligation of Jackson but are clearly identified and distinguished from Jackson's other assets and liabilities. The contract assets in the Separate Account are not chargeable with liabilities arising out of any other business Jackson may conduct.

The Separate Account receives and invests, based on the directions of the contract owners, net premiums for individual flexible premium variable annuity contracts issued by Jackson. The contracts can be purchased on a non-tax qualified basis or in connection with certain plans qualifying for favorable federal income tax treatment. The Separate Account contained three-hundred eight (308) Investment Divisions during 2020, but currently contains two-hundred seventy-three (273) Investment Divisions as of December 31, 2020. These Investment Divisions each invested in shares of the following mutual funds (collectively, the “Funds”) during the year ended December 31, 2020:

  

JNL® Series Trust

 

JNL Aggressive Growth Allocation Fund - Class A(1)

JNL/Invesco Small Cap Growth Fund - Class A

JNL Aggressive Growth Allocation Fund - Class I(1)

JNL/Invesco Small Cap Growth Fund - Class I

JNL Conservative Allocation Fund - Class A(1)

JNL/JPMorgan Global Allocation Fund - Class A

JNL Conservative Allocation Fund - Class I(1)

JNL/JPMorgan Global Allocation Fund - Class I

JNL Growth Allocation Fund - Class A(1)

JNL/JPMorgan Growth & Income Fund - Class A

JNL Growth Allocation Fund - Class I(1)

JNL/JPMorgan Growth & Income Fund - Class I

JNL iShares Tactical Growth Fund - Class A

JNL/JPMorgan Hedged Equity Fund - Class A

JNL iShares Tactical Growth Fund - Class I

JNL/JPMorgan Hedged Equity Fund - Class I

JNL iShares Tactical Moderate Fund - Class A

JNL/JPMorgan MidCap Growth Fund - Class A

JNL iShares Tactical Moderate Fund - Class I

JNL/JPMorgan MidCap Growth Fund - Class I

JNL iShares Tactical Moderate Growth Fund - Class A

JNL/JPMorgan U.S. Government & Quality Bond Fund - Class A

JNL iShares Tactical Moderate Growth Fund - Class I

JNL/JPMorgan U.S. Government & Quality Bond Fund - Class I

JNL Moderate Allocation Fund - Class A(1)

JNL/Lazard International Strategic Equity Fund - Class A

JNL Moderate Allocation Fund - Class I(1)

JNL/Lazard International Strategic Equity Fund - Class I

JNL Moderate Growth Allocation Fund - Class A(1)

JNL/Loomis Sayles Global Growth Fund - Class A

JNL Moderate Growth Allocation Fund - Class I(1)

JNL/Loomis Sayles Global Growth Fund - Class I

JNL Multi-Manager Alternative Fund - Class A

JNL/Lord Abbett Short Duration Income Fund - Class A

JNL Multi-Manager Alternative Fund - Class I

JNL/Lord Abbett Short Duration Income Fund - Class I

JNL Multi-Manager Emerging Markets Equity Fund - Class A

JNL/Mellon Bond Index Fund - Class A

JNL Multi-Manager Emerging Markets Equity Fund - Class I

JNL/Mellon Bond Index Fund - Class I

JNL Multi-Manager International Small Cap Fund - Class A

JNL/Mellon Communication Services Sector Fund - Class A

JNL Multi-Manager Mid Cap Fund - Class A

JNL/Mellon Communication Services Sector Fund - Class I

JNL Multi-Manager Mid Cap Fund - Class I

JNL/Mellon Consumer Discretionary Sector Fund - Class A

JNL Multi-Manager Small Cap Growth Fund - Class A

JNL/Mellon Consumer Discretionary Sector Fund - Class I

JNL Multi-Manager Small Cap Growth Fund - Class I

JNL/Mellon Consumer Staples Sector Fund - Class A

JNL Multi-Manager Small Cap Value Fund - Class A

JNL/Mellon Consumer Staples Sector Fund - Class I

JNL Multi-Manager Small Cap Value Fund - Class I

JNL/Mellon Dow Index Fund - Class A

JNL S&P 500 Index Fund - Class I

JNL/Mellon Dow Index Fund - Class I

JNL/American Funds Balanced Fund - Class A

JNL/Mellon Emerging Markets Index Fund - Class A

JNL/American Funds Balanced Fund - Class I

JNL/Mellon Emerging Markets Index Fund - Class I

JNL/American Funds Blue Chip Income and Growth Fund - Class A

JNL/Mellon Energy Sector Fund - Class A

JNL/American Funds Blue Chip Income and Growth Fund - Class I

JNL/Mellon Energy Sector Fund - Class I

JNL/American Funds Capital Income Builder Fund - Class A

JNL/Mellon Equity Income Fund - Class A

JNL/American Funds Capital Income Builder Fund - Class I

JNL/Mellon Equity Income Fund - Class I

JNL/American Funds Capital World Bond Fund - Class A

JNL/Mellon Financial Sector Fund - Class A

JNL/American Funds Capital World Bond Fund - Class I

JNL/Mellon Financial Sector Fund - Class I

JNL/American Funds Global Growth Fund - Class A

JNL/Mellon Healthcare Sector Fund - Class A

JNL/American Funds Global Growth Fund - Class I

JNL/Mellon Healthcare Sector Fund - Class I

JNL/American Funds Global Small Capitalization Fund - Class A

JNL/Mellon Index 5 Fund - Class A(1)

JNL/American Funds Global Small Capitalization Fund - Class I

JNL/Mellon Index 5 Fund - Class I(1)

JNL/American Funds Growth Allocation Fund - Class A(1)

JNL/Mellon Industrials Sector Fund - Class A

JNL/American Funds Growth Allocation Fund - Class I(1)

JNL/Mellon Industrials Sector Fund - Class I

177


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JNLNY Separate Account I

Notes to Financial Statements

December 31, 2020

  

JNL/American Funds Growth Fund - Class A

JNL/Mellon Information Technology Sector Fund - Class A

JNL/American Funds Growth Fund - Class I

JNL/Mellon Information Technology Sector Fund - Class I

JNL/American Funds Growth-Income Fund - Class A

JNL/Mellon International Index Fund - Class A

JNL/American Funds Growth-Income Fund - Class I

JNL/Mellon International Index Fund - Class I

JNL/American Funds International Fund - Class A

JNL/Mellon Materials Sector Fund - Class A

JNL/American Funds International Fund - Class I

JNL/Mellon Materials Sector Fund - Class I

JNL/American Funds Moderate Growth Allocation Fund - Class A(1)

JNL/Mellon MSCI KLD 400 Social Index Fund - Class A

JNL/American Funds Moderate Growth Allocation Fund - Class I(1)

JNL/Mellon MSCI KLD 400 Social Index Fund - Class I

JNL/American Funds New World Fund - Class A

JNL/Mellon MSCI World Index Fund - Class A

JNL/American Funds New World Fund - Class I

JNL/Mellon MSCI World Index Fund - Class I

JNL/AQR Large Cap Defensive Style Fund - Class A

JNL/Mellon Nasdaq® 100 Index Fund - Class A

JNL/AQR Large Cap Defensive Style Fund - Class I

JNL/Mellon Nasdaq® 100 Index Fund - Class I

JNL/AQR Large Cap Relaxed Constraint Equity Fund - Class A

JNL/Mellon Real Estate Sector Fund - Class A

JNL/AQR Large Cap Relaxed Constraint Equity Fund - Class I

JNL/Mellon Real Estate Sector Fund - Class I

JNL/AQR Managed Futures Strategy Fund - Class A

JNL/Mellon S&P 400 MidCap Index Fund - Class A

JNL/BlackRock Advantage International Fund - Class A

JNL/Mellon S&P 400 MidCap Index Fund - Class I

JNL/BlackRock Advantage International Fund - Class I

JNL/Mellon S&P 500 Index Fund - Class A

JNL/BlackRock Global Allocation Fund - Class A

JNL/Mellon Small Cap Index Fund - Class A

JNL/BlackRock Global Allocation Fund - Class I

JNL/Mellon Small Cap Index Fund - Class I

JNL/BlackRock Global Natural Resources Fund - Class A

JNL/Mellon Utilities Sector Fund - Class A

JNL/BlackRock Global Natural Resources Fund - Class I

JNL/Mellon Utilities Sector Fund - Class I

JNL/BlackRock Large Cap Select Growth Fund - Class A

JNL/MFS Mid Cap Value Fund - Class A

JNL/BlackRock Large Cap Select Growth Fund - Class I

JNL/MFS Mid Cap Value Fund - Class I

JNL/Boston Partners Global Long Short Equity Fund - Class A

JNL/Morningstar Wide Moat Index Fund - Class A

JNL/Boston Partners Global Long Short Equity Fund - Class I

JNL/Morningstar Wide Moat Index Fund - Class I

JNL/Causeway International Value Select Fund - Class A

JNL/Neuberger Berman Commodity Strategy Fund - Class A

JNL/Causeway International Value Select Fund - Class I

JNL/Neuberger Berman Strategic Income Fund - Class A

JNL/ClearBridge Large Cap Growth Fund - Class A

JNL/Neuberger Berman Strategic Income Fund - Class I

JNL/ClearBridge Large Cap Growth Fund - Class I

JNL/PIMCO Income Fund - Class A

JNL/DFA Growth Allocation Fund - Class A(1)

JNL/PIMCO Income Fund - Class I

JNL/DFA Growth Allocation Fund - Class I(1)

JNL/PIMCO Investment Grade Credit Bond Fund - Class A

JNL/DFA International Core Equity Fund - Class A

JNL/PIMCO Investment Grade Credit Bond Fund - Class I

JNL/DFA International Core Equity Fund - Class I

JNL/PIMCO Real Return Fund - Class A

JNL/DFA Moderate Growth Allocation Fund - Class A(1)

JNL/PIMCO Real Return Fund - Class I

JNL/DFA Moderate Growth Allocation Fund - Class I(1)

JNL/PPM America Floating Rate Income Fund - Class A

JNL/DFA U.S. Core Equity Fund - Class A

JNL/PPM America Floating Rate Income Fund - Class I

JNL/DFA U.S. Core Equity Fund - Class I

JNL/PPM America High Yield Bond Fund - Class A

JNL/DFA U.S. Small Cap Fund - Class A

JNL/PPM America High Yield Bond Fund - Class I

JNL/DFA U.S. Small Cap Fund - Class I

JNL/PPM America Small Cap Value Fund - Class A

JNL/DoubleLine Core Fixed Income Fund - Class A

JNL/PPM America Small Cap Value Fund - Class I

JNL/DoubleLine Core Fixed Income Fund - Class I

JNL/PPM America Total Return Fund - Class A

JNL/DoubleLine Emerging Markets Fixed Income Fund - Class A

JNL/PPM America Total Return Fund - Class I

JNL/DoubleLine Emerging Markets Fixed Income Fund - Class I

JNL/RAFI Fundamental Asia Developed Fund - Class A

JNL/DoubleLine Shiller Enhanced CAPE Fund - Class A

JNL/RAFI Fundamental Asia Developed Fund - Class I

JNL/DoubleLine Shiller Enhanced CAPE Fund - Class I

JNL/RAFI Fundamental Europe Fund - Class A

JNL/DoubleLine Total Return Fund - Class A

JNL/RAFI Fundamental Europe Fund - Class I

JNL/DoubleLine Total Return Fund - Class I

JNL/RAFI Fundamental U.S. Small Cap Fund - Class A

JNL/Fidelity Institutional Asset Management Total Bond Fund - Class A

JNL/RAFI Fundamental U.S. Small Cap Fund - Class I

JNL/Fidelity Institutional Asset Management Total Bond Fund - Class I

JNL/RAFI Multi-Factor U.S. Equity Fund - Class A

JNL/First State Global Infrastructure Fund - Class A

JNL/RAFI Multi-Factor U.S. Equity Fund - Class I

JNL/First State Global Infrastructure Fund - Class I

JNL/T. Rowe Price Balanced Fund - Class A

JNL/Franklin Templeton Global Multisector Bond Fund - Class A

JNL/T. Rowe Price Balanced Fund - Class I

JNL/Franklin Templeton Global Multisector Bond Fund - Class I

JNL/T. Rowe Price Capital Appreciation Fund - Class A

JNL/Franklin Templeton Growth Allocation Fund - Class A

JNL/T. Rowe Price Capital Appreciation Fund - Class I

JNL/Franklin Templeton Growth Allocation Fund - Class I

JNL/T. Rowe Price Established Growth Fund - Class A

JNL/Franklin Templeton Income Fund - Class A

JNL/T. Rowe Price Established Growth Fund - Class I

JNL/Franklin Templeton Income Fund - Class I

JNL/T. Rowe Price Mid-Cap Growth Fund - Class A

JNL/Franklin Templeton International Small Cap Fund - Class A

JNL/T. Rowe Price Mid-Cap Growth Fund - Class I

JNL/Franklin Templeton International Small Cap Fund - Class I

JNL/T. Rowe Price Short-Term Bond Fund - Class A

JNL/Goldman Sachs 4 Fund - Class A(1)

JNL/T. Rowe Price Short-Term Bond Fund - Class I

178


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JNLNY Separate Account I

Notes to Financial Statements

December 31, 2020

  

JNL/Goldman Sachs 4 Fund - Class I(1)

JNL/T. Rowe Price U.S. High Yield Fund - Class A

JNL/Goldman Sachs Competitive Advantage Fund - Class A

JNL/T. Rowe Price U.S. High Yield Fund - Class I

JNL/Goldman Sachs Competitive Advantage Fund - Class I

JNL/T. Rowe Price Value Fund - Class A

JNL/Goldman Sachs Dividend Income & Growth Fund - Class A

JNL/T. Rowe Price Value Fund - Class I

JNL/Goldman Sachs Dividend Income & Growth Fund - Class I

JNL/Vanguard Capital Growth Fund - Class A

JNL/Goldman Sachs International 5 Fund - Class A

JNL/Vanguard Capital Growth Fund - Class I

JNL/Goldman Sachs International 5 Fund - Class I

JNL/Vanguard Equity Income Fund - Class A

JNL/Goldman Sachs Intrinsic Value Fund - Class A

JNL/Vanguard Equity Income Fund - Class I

JNL/Goldman Sachs Intrinsic Value Fund - Class I

JNL/Vanguard Global Bond Market Index Fund - Class A(1)

JNL/Goldman Sachs Managed Aggressive Growth Fund - Class A(1)

JNL/Vanguard Global Bond Market Index Fund - Class I(1)

JNL/Goldman Sachs Managed Aggressive Growth Fund - Class I(1)

JNL/Vanguard Growth ETF Allocation Fund - Class A

JNL/Goldman Sachs Managed Conservative Fund - Class A(1)

JNL/Vanguard Growth ETF Allocation Fund - Class I

JNL/Goldman Sachs Managed Conservative Fund - Class I(1)

JNL/Vanguard International Fund - Class A

JNL/Goldman Sachs Managed Growth Fund - Class A(1)

JNL/Vanguard International Fund - Class I

JNL/Goldman Sachs Managed Growth Fund - Class I(1)

JNL/Vanguard International Stock Market Index Fund - Class A(1)

JNL/Goldman Sachs Managed Moderate Fund - Class A(1)

JNL/Vanguard International Stock Market Index Fund - Class I(1)

JNL/Goldman Sachs Managed Moderate Fund - Class I(1)

JNL/Vanguard Moderate ETF Allocation Fund - Class A

JNL/Goldman Sachs Managed Moderate Growth Fund - Class A(1)

JNL/Vanguard Moderate ETF Allocation Fund - Class I

JNL/Goldman Sachs Managed Moderate Growth Fund - Class I(1)

JNL/Vanguard Moderate Growth ETF Allocation Fund - Class A

JNL/Goldman Sachs Total Yield Fund - Class A

JNL/Vanguard Moderate Growth ETF Allocation Fund - Class I

JNL/Goldman Sachs Total Yield Fund - Class I

JNL/Vanguard Small Company Growth Fund - Class A

JNL/GQG Emerging Markets Equity Fund - Class A

JNL/Vanguard Small Company Growth Fund - Class I

JNL/GQG Emerging Markets Equity Fund - Class I

JNL/Vanguard U.S. Stock Market Index Fund - Class A(1)

JNL/Harris Oakmark Global Equity Fund - Class A

JNL/Vanguard U.S. Stock Market Index Fund - Class I(1)

JNL/Harris Oakmark Global Equity Fund - Class I

JNL/WCM Focused International Equity Fund - Class A

JNL/Heitman U.S. Focused Real Estate Fund - Class A

JNL/WCM Focused International Equity Fund - Class I

JNL/Heitman U.S. Focused Real Estate Fund - Class I

JNL/Westchester Capital Event Driven Fund - Class A

JNL/Invesco Diversified Dividend Fund - Class A

JNL/Westchester Capital Event Driven Fund - Class I

JNL/Invesco Diversified Dividend Fund - Class I

JNL/WMC Balanced Fund - Class A

JNL/Invesco Global Growth Fund - Class A

JNL/WMC Balanced Fund - Class I

JNL/Invesco Global Growth Fund - Class I

JNL/WMC Government Money Market Fund - Class A

JNL/Invesco Global Real Estate Fund - Class A

JNL/WMC Government Money Market Fund - Class I

JNL/Invesco Global Real Estate Fund - Class I

JNL/WMC Value Fund - Class A

JNL/Invesco International Growth Fund - Class A

JNL/WMC Value Fund - Class I

JNL/Invesco International Growth Fund - Class I

 

(1) The Fund is a Fund of Fund advised by Jackson National Asset Management, LLC (“JNAM”), an affiliate of Jackson and has no sub-adviser.

JNAM serves as investment adviser for the Funds comprising the JNL Series Trust. JNAM is a wholly-owned subsidiary of Jackson and received fees for its services from each Fund.

The following Funds were sub-advised by an affiliate of Jackson during the year: JNL/PPM America Floating Rate Income Fund, JNL/PPM America High Yield Bond Fund, JNL/PPM America Small Cap Value Fund and JNL/PPM America Total Return Fund.

During the year ended December 31, 2020, the following Funds changed names effective April 27, 2020:

   

Prior Fund Name

Current Fund Name

Reason For Change

JNL/American Funds Global Bond Fund

JNL/American Funds Capital World Bond Fund

Name Convention Update

JNL/Crescent High Income Fund

JNL/T. Rowe Price U.S. High Yield Fund

Sub-Adviser Replacement

JNL/Franklin Templeton Mutual Shares Fund

JNL/JPMorgan Growth & Income Fund

Sub-Adviser Replacement

JNL/Lazard Emerging Markets Fund

JNL Multi-Manager Emerging Markets Equity Fund

Sub-Adviser Replacement

JNL/Oppenheimer Global Growth Fund

JNL/Invesco Global Growth Fund

Name Convention Update

JNL/S&P 4 Fund

JNL/Goldman Sachs 4 Fund

Name Convention Update

JNL/S&P Competitive Advantage Fund

JNL/Goldman Sachs Competitive Advantage Fund

Name Convention Update

JNL/S&P Dividend Income & Growth Fund

JNL/Goldman Sachs Dividend Income & Growth Fund

Name Convention Update

JNL/S&P International 5 Fund

JNL/Goldman Sachs International 5 Fund

Name Convention Update

JNL/S&P Intrinsic Value Fund

JNL/Goldman Sachs Intrinsic Value Fund

Name Convention Update

JNL/S&P Managed Aggressive Growth Fund

JNL/Goldman Sachs Managed Aggressive Growth Fund

Name Convention Update

JNL/S&P Managed Conservative Fund

JNL/Goldman Sachs Managed Conservative Fund

Name Convention Update

JNL/S&P Managed Growth Fund

JNL/Goldman Sachs Managed Growth Fund

Name Convention Update

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JNLNY Separate Account I

Notes to Financial Statements

December 31, 2020

   

JNL/S&P Managed Moderate Fund

JNL/Goldman Sachs Managed Moderate Fund

Name Convention Update

JNL/S&P Managed Moderate Growth Fund

JNL/Goldman Sachs Managed Moderate Growth Fund

Name Convention Update

JNL/S&P Total Yield Fund

JNL/Goldman Sachs Total Yield Fund

Name Convention Update

JNL/T. Rowe Price Managed Volatility Balanced Fund

JNL/T. Rowe Price Balanced Fund

Name Convention Update

During the year ended December 31, 2020, the following Fund acquisitions were completed for the corresponding Class A and Class I Funds. The Funds that were acquired during the year are no longer available as of December 31, 2020.

   

Acquired Fund

Acquiring Fund

Date of Acquisition

JNL Conservative Allocation Fund(1)

JNL Conservative Allocation Fund(1)

April 27, 2020

JNL Institutional Alt 100 Fund

JNL Multi-Manager Alternative Fund

April 27, 2020

JNL Institutional Alt 25 Fund

JNL Moderate Growth Allocation Fund

April 27, 2020

JNL Institutional Alt 50 Fund

JNL Moderate Allocation Fund

April 27, 2020

JNL iShares Tactical Growth Fund(1)

JNL iShares Tactical Growth Fund(1)

April 27, 2020

JNL iShares Tactical Moderate Fund(1)

JNL iShares Tactical Moderate Fund(1)

April 27, 2020

JNL iShares Tactical Moderate Growth Fund(1)

JNL iShares Tactical Moderate Growth Fund(1)

April 27, 2020

JNL Moderate Allocation Fund(1)

JNL Moderate Allocation Fund(1)

April 27, 2020

JNL/American Funds Global Growth Fund(1)

JNL/American Funds Global Growth Fund(1)

April 27, 2020

JNL/American Funds Growth Fund(1)

JNL/American Funds Growth Fund(1)

April 27, 2020

JNL/DFA U.S. Small Cap Fund(1)

JNL/DFA U.S. Small Cap Fund(1)

April 27, 2020

JNL/DoubleLine Total Return Fund(1)

JNL/DoubleLine Total Return Fund(1)

April 27, 2020

JNL/Eaton Vance Global Macro Absolute Return Advantage Fund

JNL/Franklin Templeton Global Multisector Bond Fund

April 27, 2020

JNL/FAMCO Flex Core Covered Call Fund

JNL/JPMorgan Hedged Equity Fund

April 27, 2020

JNL/FPA + DoubleLine® Flexible Allocation Fund

JNL/JPMorgan Global Allocation Fund

April 27, 2020

JNL/Franklin Templeton Global Fund

JNL/Loomis Sayles Global Growth Fund

April 27, 2020

JNL/Goldman Sachs Emerging Markets Debt Fund

JNL/DoubleLine Emerging Markets Fixed Income Fund

April 27, 2020

JNL/Invesco China-India Fund

JNL Multi-Manager Emerging Markets Equity Fund

April 27, 2020

JNL/Lazard International Strategic Equity Fund(1)

JNL/Lazard International Strategic Equity Fund(1)

April 27, 2020

JNL/Mellon Communication Services Sector Fund(2)

JNL/Mellon Communication Services Sector Fund(2)

April 27, 2020

JNL/Mellon Consumer Discretionary Sector Fund(2)

JNL/Mellon Consumer Discretionary Sector Fund(2)

April 27, 2020

JNL/Mellon Dow Index Fund(2)

JNL/Mellon Dow Index Fund(2)

April 27, 2020

JNL/Mellon Energy Sector Fund(2)

JNL/Mellon Energy Sector Fund(2)

April 27, 2020

JNL/Mellon Equity Income Fund(1)

JNL/Mellon Equity Income Fund(1)

April 27, 2020

JNL/Mellon Financial Sector Fund(2)

JNL/Mellon Financial Sector Fund(2)

April 27, 2020

JNL/Mellon Healthcare Sector Fund(2)

JNL/Mellon Healthcare Sector Fund(2)

April 27, 2020

JNL/Mellon Information Technology Sector Fund(2)

JNL/Mellon Information Technology Sector Fund(2)

April 27, 2020

JNL/Mellon MSCI World Index Fund(2)

JNL/Mellon MSCI World Index Fund(2)

April 27, 2020

JNL/Mellon Nasdaq® 100 Index Fund(2)

JNL/Mellon Nasdaq® 100 Index Fund(2)

April 27, 2020

JNL/Mellon S&P 1500 Growth Index Fund

JNL/Mellon Nasdaq® 100 Index Fund

April 27, 2020

JNL/Mellon S&P 1500 Value Index Fund

JNL/Mellon DowSM Index Fund

April 27, 2020

JNL/Neuberger Berman Commodity Strategy Fund(1)

JNL/Neuberger Berman Commodity Strategy Fund(1)

April 27, 2020

JNL/Neuberger Berman Currency Fund

JNL/PIMCO Income Fund

April 27, 2020

JNL/Nicholas Convertible Arbitrage Fund

JNL Conservative Allocation Fund

April 27, 2020

JNL/Oppenheimer Emerging Markets Innovator Fund

JNL Multi-Manager Emerging Markets Equity Fund

April 27, 2020

JNL/PIMCO Investment Grade Credit Bond Fund(1)

JNL/PIMCO Investment Grade Credit Bond Fund(1)

April 27, 2020

JNL/PPM America Mid Cap Value Fund

JNL/MFS Mid Cap Value Fund

April 27, 2020

JNL/PPM America Value Equity Fund

JNL/JPMorgan Growth & Income Fund

April 27, 2020

JNL/S&P Mid 3 Fund

JNL/Mellon S&P 400 MidCap Index Fund

April 27, 2020

JNL/Scout Unconstrained Bond Fund

JNL/PIMCO Income Fund

April 27, 2020

JNL/T. Rowe Price Capital Appreciation Fund(1)

JNL/T. Rowe Price Capital Appreciation Fund(1)

April 27, 2020

JNL/The London Company Focused U.S. Equity Fund

JNL/Morningstar Wide Moat Index Fund

April 27, 2020

JNL/VanEck International Gold Fund

JNL/BlackRock Global Natural Resources Fund

April 27, 2020

JNL/WCM Focused International Equity Fund(1)

JNL/WCM Focused International Equity Fund(1)

April 27, 2020

(1) The purpose of the acquisition was to facilitate an acquisition of a Fund with the same name and investment objective in Jackson Variable Series Trust into a Fund in JNL Series Trust. Although the Fund in Jackson Variable Series Trust was legally dissolved, it is considered the acquiring Fund for financial reporting purposes.

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December 31, 2020

(2) The purpose of the acquisition was to facilitate an acquisition of a Fund with the same name and investment objective in JNL Variable Funds into a Fund in JNL Series Trust. Although the Fund in JNL Variable Funds was legally dissolved, it is considered the acquiring Fund for financial reporting purposes.

The Net assets are affected by the investment results of each fund, equity transactions by contract owners and certain contract expenses. The accompanying financial statements include only contract owners’ purchase payments pertaining to the variable portions of their contracts and exclude any purchase payments for fixed dollar benefits, the latter being included in the accounts of JNAM.

A contract owner may choose from among a number of different underlying mutual fund options. The underlying mutual fund options are not available to the general public directly. The underlying mutual funds are available as investment options in variable life insurance policies or variable annuity contracts issued by life insurance companies or, in some cases, through participation in certain qualified pension or retirement plans.

Some of the underlying mutual funds have been established by investment advisers which manage publicly traded mutual funds having similar names and investment objectives. While some of the underlying mutual funds may be similar to, and may in fact be modeled after publicly traded mutual funds, the underlying mutual funds are not otherwise directly related to any publicly traded mutual fund. Consequently, the investment performance of publicly traded mutual funds and any corresponding underlying mutual funds may differ substantially.

A purchase payment could be presented as a negative equity transaction in the Statements of Changes in Net Assets if a prior period purchase payment is refunded to a contract owner due to a contract cancellation during the free look period, and /or if a gain is realized by the contract owner during the free look period.

JNAM allocates purchase payments to Investment Divisions as instructed by the contract owner. Shares of the Investment Divisions are purchased at Net Asset Value, then converted into accumulation units. Certain transactions may be subject to conditions imposed by the underlying mutual funds, as well as those set forth in the contract.

NOTE 2. Significant Accounting Policies

The following is a summary of significant accounting policies followed by the Separate Account in the preparation of its financial statements in conformity with U.S. generally accepted accounting principles (“GAAP”).

Use of Estimates. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increase and decrease in net assets from operations during the reporting period. Actual results could differ from those estimates.

Investments. The Separate Account’s Investment Divisions’ investments in the corresponding Funds are stated at the closing net asset value (“NAV”) of the respective Fund, which estimates fair value. The average cost method is used in determining the cost of the shares sold on withdrawals by the Investment Divisions of the Separate Account. Investments in the Funds are recorded on trade date for financial reporting purposes. Realized gain distributions and dividend income distributions received from the Funds are reinvested in additional shares of the Funds and are recorded as gain or income to the Investment Divisions of the Separate Account on the ex-dividend date.

Federal Income Taxes. The operations of the Separate Account are taxed as part of the operations of Jackson, which is taxed as a “life insurance company” under the provisions of the Internal Revenue Code. Under current law, no federal income taxes are payable with respect to the Separate Account. Therefore, no federal income tax provision is required. Taxes are generally the responsibility of the contract owner upon termination or withdrawal.

FASB ASC Topic 820, “Fair Value Measurement”. As of December 31, 2020, all of the Separate Account’s Investment Divisions’ investment in each of the corresponding Funds are valued at the daily reported net asset value (“NAV”) of the applicable underlying Fund. Investments in the underlying Funds are categorized as Level 1 within FASB ASC Topic 820 fair value hierarchy. On each valuation date, the NAV of each corresponding Fund is generally determined once each day on which the New York Stock Exchange (“NYSE”) is open, at the close of the regular trading session of the NYSE (generally, 4:00 PM Eastern Time). The characterization of the underlying securities held by the Funds in accordance with FASB ASC Topic 820 differs from the characterization of the Separate Account’s Investment Divisions’ investment in the corresponding Funds. Although there can be no assurance, in general, the fair value of the investment is the amount the owner of such investment might reasonably expect to receive in an orderly transaction between market participants upon its current sale.

NOTE 3. Contract Charges

Under the term of the contracts, certain charges are allocated to the contract owner to compensate Jackson for providing the insurance benefits set forth in the contracts, administering the contracts, distributing the contracts, and assuming certain risks in connection with the contracts. These charges result in a reduction in contract unit value or redemptions of contract units in the number of contract units outstanding.

Contract Owner Charges. The following charges are assessed to the contract owner by redemption of contract units outstanding:

Contract Maintenance Charge. An annual contract maintenance charge of $30 - $240 is charged against each contract to reimburse Jackson for expenses incurred in establishing and maintaining records relating to the contract. The contract maintenance charge is assessed on each anniversary of the contract date that occurs prior to the annuity date or in conjunction with a total withdrawal, as applicable. This charge is only

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Notes to Financial Statements

December 31, 2020

imposed if the contract value is less than $50,000 on the date when the charge is assessed. The charge is deducted by redemption of contract units.

Transfer Charge. A transfer charge of $25 will apply to transfers made by contract owners between the Investment Divisions in excess of 15 transfers in a contract year. Contract year is defined as the succeeding twelve months from the contract issue date. Jackson may waive the transfer charge in connection with pre-authorized automatic transfer programs, or in those states where a lesser charge is required. This charge will be deducted from the amount transferred prior to the allocation to a different Investment Division.

Surrender or Contingent Deferred Sales Charge. During the first seven contract years, certain contracts include a provision for a charge upon the surrender or partial surrender of the contract. The amount assessed under the contract terms, if any, depends upon the cost associated with distributing the particular contract. The amount, if any, is determined based on a number of factors, including the amount withdrawn, the contract year of surrender, or the number and amount of withdrawals in a calendar year. The surrender charges are assessed by Jackson and withheld from the proceeds of the withdrawals.

Guaranteed Minimum Optional Benefit Charges. The following contract owner charges are guaranteed minimum optional benefit charges:

Guaranteed Minimum Income Benefit Charge. If this benefit has been selected, Jackson will assess an annual charge of 0.30% to 0.90%, depending on the contract, of the guaranteed minimum income benefit base. The charge will be deducted each calendar quarter from the contract value by redemption of contract units.

Guaranteed Minimum Withdrawal Benefit Charge. If this benefit has been selected, Jackson will assess an annual charge of 0.51% to 3.00%, depending on the contract of the guaranteed withdrawal balance. The charge will be deducted each calendar quarter from the contract value by redemption of contract units.

Guaranteed Minimum Death Benefit Charge. If any of the optional death benefits are selected that are available under the contract, Jackson will assess an annual charge of 0.20% to 1.44%, depending on the contract of the death benefit base. The charge will be deducted each contract quarter from the contract value by redemption of contract units.

Asset-based Charges. The following charges are assessed to the contract owner by a reduction in contract unit value:

Insurance Charges. Jackson deducts a daily charge for administrative expenses from the net assets of the Separate Account equivalent to an annual rate of 0.05% - 0.15%. In designated products, this expense is waived for contracts valued greater than $1 million, refer to the product prospectus for eligibility. The administration charge is designed to reimburse Jackson for expenses incurred in administering the Separate Account and its contracts and reduces the contract unit value.

Jackson deducts a daily base contract charge from the net assets of the Separate Account equivalent to an annual rate of 0.30% to 1.65% for the assumption of mortality and expense risks. The mortality risk assumed by Jackson is that the insured may receive benefits greater than those anticipated by Jackson. The expense risk assumed by Jackson is that the actual cost of administering the contracts of the Separate Account may exceed the amount received from the administration charge and the contract maintenance charge.

Optional Benefit Charges. The following contract owner charges are optional benefit charges:

Contract Enhancement Charge. If one of the contract enhancement benefits is selected, then for a period of three to seven contract years, Jackson will make an additional deduction based upon the average daily net assets of the contract owner’s allocations to the Investment Divisions. The annualized charges depend upon the contract enhancements selected and range from 0.395% to 0.65%.

Withdrawal Charge Period. If the optional three, four, or five-year withdrawal charge period feature is selected, Jackson will deduct 0.45%, 0.40%, or 0.30%, respectively, on an annual basis of the average daily net assets of the contract owner’s allocations to the Investment Divisions.

20% Additional Free Withdrawal Charge. If a contract owner selects the optional feature that permits you to withdraw up to 20% of premiums that are still subject to a withdrawal charge minus earnings during a contract year without withdrawal charge, Jackson will deduct 0.30% on an annual basis of the average daily net assets of the contract owner’s allocations to the Investment Divisions.

Optional Death Benefit Charges. If any of the optional death benefits are selected that are available under the contract, Jackson will make an additional deduction of 0.15% to 0.55% on an annual basis of the average daily net assets the contract owner’s allocations to the Investment Divisions, based on the optional death benefit selected.

Premium Taxes. Some states and other governmental entities charge premium taxes or other similar taxes. Jackson pays these taxes and may make a deduction from the value of the contract for them. Premium taxes will not exceed 2.0%. Currently, New York does not impose premium taxes.

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Notes to Financial Statements

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NOTE 4. Related Party Transactions

For contract enhancement benefits related to the optional benefits offered, Jackson contributed $2,443 and $12,328 to the Separate Account in the form of additional premium to contract owners’ accounts for the years ended December 31, 2020 and 2019, respectively. These amounts are included in purchase payments from contract transactions.

Contract owners may, with certain restrictions, transfer their assets between the Separate Account and a fixed dollar contract (fixed account) maintained in the accounts of Jackson. These transfers are the result of the contract owner executing fund exchanges. Fund exchanges from the Separate Account to the fixed account are included in transfers between investment divisions, and fund exchanges from the fixed account to the Separate Account are included in purchase payments, as applicable, on the accompanying Statements of Changes in Net Assets.

NOTE 5. Subsequent Events

Management has evaluated subsequent events for the Separate Accounts through the date the financial statements are issued and has concluded there are no events that require adjustments to the financial statements or disclosure in the notes.

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Report of Independent Registered Public Accounting Firm

To the Board of Directors and Shareholders of Jackson National Life Insurance Company of New York and Contract Owners of JNLNY Separate Account I:

Opinion on the Financial Statements

We have audited the accompanying statements of assets and liabilities of the Investment Divisions listed in the Appendix that comprise the JNLNY Separate Account I (the Separate Account) as of the date listed in the Appendix, the related statements of operations for the year or period listed in the Appendix, changes in net assets for the years or periods listed in the Appendix, and the related notes (collectively, the financial statements) and the financial highlights for each of the years or periods indicated therein. In our opinion, the financial statements and financial highlights present fairly, in all material respects, the financial position of each Investment Division as of the date listed in the Appendix, the results of their operations for the year or period listed in the Appendix, the changes in their net assets for the years or periods listed in the Appendix, and the financial highlights for each of the years or periods indicated therein, in conformity with U.S. generally accepted accounting principles.

Basis for Opinion

These financial statements and financial highlights are the responsibility of the Separate Account’s management. Our responsibility is to express an opinion on these financial statements and financial highlights based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Separate Account in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements and financial highlights are free of material misstatement, whether due to error or fraud. Our audits included performing procedures to assess the risks of material misstatement of the financial statements and financial highlights, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements and financial highlights. Such procedures also included confirmation of securities owned as of December 31, 2020, by correspondence with the transfer agent of the underlying mutual funds or by other appropriate auditing procedures. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements and financial highlights. We believe that our audits provide a reasonable basis for our opinion.

/s/ KPMG LLP

We have served as the auditor of one or more Jackson National Life Insurance Company’s Separate Accounts since 1999.

Chicago, Illinois
March 29, 2021








Appendix
Statements of assets and liabilities as of December 31, 2020, the related statements of operations for the year then ended, and the statements of changes in net assets for each of the years in the two‑year period then ended.

JNL Aggressive Growth Allocation Fund - Class A
JNL Aggressive Growth Allocation Fund - Class I
JNL Conservative Allocation Fund - Class A
JNL Conservative Allocation Fund - Class I
JNL Growth Allocation Fund - Class A
JNL Growth Allocation Fund - Class I
JNL iShares Tactical Growth Fund - Class A
JNL iShares Tactical Growth Fund - Class I
JNL iShares Tactical Moderate Fund - Class A
JNL iShares Tactical Moderate Fund - Class I
JNL iShares Tactical Moderate Growth Fund - Class A
JNL iShares Tactical Moderate Growth Fund - Class I
JNL Moderate Allocation Fund - Class A
JNL Moderate Allocation Fund - Class I
JNL Moderate Growth Allocation Fund - Class A
JNL Moderate Growth Allocation Fund - Class I
JNL Multi-Manager Alternative Fund - Class A
JNL Multi-Manager Emerging Markets Equity Fund - Class A(1)
JNL Multi-Manager Emerging Markets Equity Fund - Class I(1)
JNL Multi-Manager International Small Cap Fund - Class A
JNL Multi-Manager Mid Cap Fund - Class A
JNL Multi-Manager Mid Cap Fund - Class I
JNL Multi-Manager Small Cap Growth Fund - Class A
JNL Multi-Manager Small Cap Growth Fund - Class I
JNL Multi-Manager Small Cap Value Fund - Class A
JNL Multi-Manager Small Cap Value Fund - Class I
JNL S&P 500 Index Fund - Class I
JNL/American Funds Balanced Fund - Class A
JNL/American Funds Balanced Fund - Class I
JNL/American Funds Blue Chip Income and Growth Fund - Class A
JNL/American Funds Blue Chip Income and Growth Fund - Class I
JNL/American Funds Capital Income Builder Fund - Class A
JNL/American Funds Capital Income Builder Fund - Class I
JNL/American Funds Capital World Bond Fund - Class A(1)
JNL/American Funds Capital World Bond Fund - Class I(1)
JNL/American Funds Global Growth Fund - Class A
JNL/American Funds Global Growth Fund - Class I
JNL/American Funds Global Small Capitalization Fund - Class A
JNL/American Funds Global Small Capitalization Fund - Class I
JNL/American Funds Growth Allocation Fund - Class A
JNL/American Funds Growth Allocation Fund - Class I
JNL/American Funds Growth Fund - Class A



JNL/American Funds Growth Fund - Class I
JNL/American Funds Growth-Income Fund - Class A
JNL/American Funds Growth-Income Fund - Class I
JNL/American Funds International Fund - Class A
JNL/American Funds International Fund - Class I
JNL/American Funds Moderate Growth Allocation Fund - Class A
JNL/American Funds Moderate Growth Allocation Fund - Class I
JNL/American Funds New World Fund - Class A
JNL/American Funds New World Fund - Class I
JNL/AQR Large Cap Relaxed Constraint Equity Fund - Class A
JNL/AQR Large Cap Relaxed Constraint Equity Fund - Class I
JNL/AQR Managed Futures Strategy Fund - Class A
JNL/BlackRock Global Allocation Fund - Class A
JNL/BlackRock Global Allocation Fund - Class I
JNL/BlackRock Global Natural Resources Fund - Class A
JNL/BlackRock Global Natural Resources Fund - Class I
JNL/BlackRock Large Cap Select Growth Fund - Class A
JNL/BlackRock Large Cap Select Growth Fund - Class I
JNL/Boston Partners Global Long Short Equity Fund - Class A
JNL/Boston Partners Global Long Short Equity Fund - Class I
JNL/Causeway International Value Select Fund - Class A
JNL/Causeway International Value Select Fund - Class I
JNL/ClearBridge Large Cap Growth Fund - Class A
JNL/ClearBridge Large Cap Growth Fund - Class I
JNL/DFA Growth Allocation Fund - Class A
JNL/DFA Growth Allocation Fund - Class I
JNL/DFA Moderate Growth Allocation Fund - Class A
JNL/DFA Moderate Growth Allocation Fund - Class I
JNL/DFA U.S. Core Equity Fund - Class A
JNL/DFA U.S. Core Equity Fund - Class I
JNL/DFA U.S. Small Cap Fund - Class A
JNL/DFA U.S. Small Cap Fund - Class I
JNL/DoubleLine Core Fixed Income Fund - Class A
JNL/DoubleLine Core Fixed Income Fund - Class I
JNL/DoubleLine Emerging Markets Fixed Income Fund - Class A
JNL/DoubleLine Emerging Markets Fixed Income Fund - Class I
JNL/DoubleLine Shiller Enhanced CAPE Fund - Class A
JNL/DoubleLine Shiller Enhanced CAPE Fund - Class I
JNL/DoubleLine Total Return Fund - Class A
JNL/DoubleLine Total Return Fund - Class I
JNL/Fidelity Institutional Asset Management Total Bond Fund - Class A
JNL/Fidelity Institutional Asset Management Total Bond Fund - Class I
JNL/First State Global Infrastructure Fund - Class A
JNL/First State Global Infrastructure Fund - Class I
JNL/Franklin Templeton Global Multisector Bond Fund - Class A
JNL/Franklin Templeton Global Multisector Bond Fund - Class I
JNL/Franklin Templeton Growth Allocation Fund - Class A



JNL/Franklin Templeton Growth Allocation Fund - Class I
JNL/Franklin Templeton Income Fund - Class A
JNL/Franklin Templeton Income Fund - Class I
JNL/Franklin Templeton International Small Cap Fund - Class A
JNL/Franklin Templeton International Small Cap Fund - Class I
JNL/Goldman Sachs 4 Fund - Class A(1)
JNL/Goldman Sachs 4 Fund - Class I(1)
JNL/Goldman Sachs Competitive Advantage Fund - Class A(1)
JNL/Goldman Sachs Competitive Advantage Fund - Class I(1)
JNL/Goldman Sachs Dividend Income & Growth Fund - Class A(1)
JNL/Goldman Sachs Dividend Income & Growth Fund - Class I(1)
JNL/Goldman Sachs International 5 Fund - Class A(1)
JNL/Goldman Sachs International 5 Fund - Class I(1)
JNL/Goldman Sachs Intrinsic Value Fund - Class A(1)
JNL/Goldman Sachs Intrinsic Value Fund - Class I(1)
JNL/Goldman Sachs Managed Aggressive Growth Fund - Class A(1)
JNL/Goldman Sachs Managed Aggressive Growth Fund - Class I(1)
JNL/Goldman Sachs Managed Conservative Fund - Class A(1)
JNL/Goldman Sachs Managed Conservative Fund - Class I(1)
JNL/Goldman Sachs Managed Growth Fund - Class A(1)
JNL/Goldman Sachs Managed Growth Fund - Class I(1)
JNL/Goldman Sachs Managed Moderate Fund - Class A(1)
JNL/Goldman Sachs Managed Moderate Fund - Class I(1)
JNL/Goldman Sachs Managed Moderate Growth Fund - Class A(1)
JNL/Goldman Sachs Managed Moderate Growth Fund - Class I(1)
JNL/Goldman Sachs Total Yield Fund - Class A(1)
JNL/Goldman Sachs Total Yield Fund - Class I(1)
JNL/GQG Emerging Markets Equity Fund - Class A
JNL/GQG Emerging Markets Equity Fund - Class I
JNL/Harris Oakmark Global Equity Fund - Class A
JNL/Harris Oakmark Global Equity Fund - Class I
JNL/Heitman U.S. Focused Real Estate Fund - Class A
JNL/Heitman U.S. Focused Real Estate Fund - Class I
JNL/Invesco Diversified Dividend Fund - Class A
JNL/Invesco Diversified Dividend Fund - Class I
JNL/Invesco Global Growth Fund - Class A(1)
JNL/Invesco Global Growth Fund - Class I(1)
JNL/Invesco Global Real Estate Fund - Class A
JNL/Invesco Global Real Estate Fund - Class I
JNL/Invesco International Growth Fund - Class A
JNL/Invesco International Growth Fund - Class I
JNL/Invesco Small Cap Growth Fund - Class A
JNL/Invesco Small Cap Growth Fund - Class I
JNL/JPMorgan Growth & Income Fund - Class A(1)
JNL/JPMorgan Growth & Income Fund - Class I(1)
JNL/JPMorgan Hedged Equity Fund - Class A
JNL/JPMorgan Hedged Equity Fund - Class I



JNL/JPMorgan MidCap Growth Fund - Class A
JNL/JPMorgan MidCap Growth Fund - Class I
JNL/JPMorgan U.S. Government & Quality Bond Fund - Class A
JNL/JPMorgan U.S. Government & Quality Bond Fund - Class I
JNL/Lazard International Strategic Equity Fund - Class A
JNL/Lazard International Strategic Equity Fund - Class I
JNL/Loomis Sayles Global Growth Fund - Class A
JNL/Mellon Bond Index Fund - Class A
JNL/Mellon Bond Index Fund - Class I
JNL/Mellon Communication Services Sector Fund - Class A
JNL/Mellon Communication Services Sector Fund - Class I
JNL/Mellon Consumer Discretionary Sector Fund - Class A
JNL/Mellon Consumer Discretionary Sector Fund - Class I
JNL/Mellon Consumer Staples Sector Fund - Class A
JNL/Mellon Consumer Staples Sector Fund - Class I
JNL/Mellon Dow Index Fund - Class A
JNL/Mellon Dow Index Fund - Class I
JNL/Mellon Emerging Markets Index Fund - Class A
JNL/Mellon Emerging Markets Index Fund - Class I
JNL/Mellon Energy Sector Fund - Class A
JNL/Mellon Energy Sector Fund - Class I
JNL/Mellon Equity Income Fund - Class A
JNL/Mellon Equity Income Fund - Class I
JNL/Mellon Financial Sector Fund - Class A
JNL/Mellon Financial Sector Fund - Class I
JNL/Mellon Healthcare Sector Fund - Class A
JNL/Mellon Healthcare Sector Fund - Class I
JNL/Mellon Index 5 Fund - Class A
JNL/Mellon Index 5 Fund - Class I
JNL/Mellon Industrials Sector Fund - Class A
JNL/Mellon Industrials Sector Fund - Class I
JNL/Mellon Information Technology Sector Fund - Class A
JNL/Mellon Information Technology Sector Fund - Class I
JNL/Mellon International Index Fund - Class A
JNL/Mellon International Index Fund - Class I
JNL/Mellon Materials Sector Fund - Class A
JNL/Mellon Materials Sector Fund - Class I
JNL/Mellon MSCI KLD 400 Social Index Fund - Class A
JNL/Mellon MSCI KLD 400 Social Index Fund - Class I
JNL/Mellon MSCI World Index Fund - Class A
JNL/Mellon MSCI World Index Fund - Class I
JNL/Mellon Nasdaq® 100 Index Fund - Class A
JNL/Mellon Nasdaq® 100 Index Fund - Class I
JNL/Mellon Real Estate Sector Fund - Class A
JNL/Mellon Real Estate Sector Fund - Class I
JNL/Mellon S&P 400 MidCap Index Fund - Class A
JNL/Mellon S&P 400 MidCap Index Fund - Class I



JNL/Mellon S&P 500 Index Fund - Class A
JNL/Mellon Small Cap Index Fund - Class A
JNL/Mellon Small Cap Index Fund - Class I
JNL/Mellon Utilities Sector Fund - Class A
JNL/Mellon Utilities Sector Fund - Class I
JNL/MFS Mid Cap Value Fund - Class A
JNL/MFS Mid Cap Value Fund - Class I
JNL/Morningstar Wide Moat Index Fund - Class A
JNL/Morningstar Wide Moat Index Fund - Class I
JNL/Neuberger Berman Commodity Strategy Fund - Class A
JNL/Neuberger Berman Strategic Income Fund - Class A
JNL/Neuberger Berman Strategic Income Fund - Class I
JNL/PIMCO Income Fund - Class A
JNL/PIMCO Income Fund - Class I
JNL/PIMCO Investment Grade Credit Bond Fund - Class A
JNL/PIMCO Investment Grade Credit Bond Fund - Class I
JNL/PIMCO Real Return Fund - Class A
JNL/PIMCO Real Return Fund - Class I
JNL/PPM America Floating Rate Income Fund - Class A
JNL/PPM America Floating Rate Income Fund - Class I
JNL/PPM America High Yield Bond Fund - Class A
JNL/PPM America High Yield Bond Fund - Class I
JNL/PPM America Small Cap Value Fund - Class A
JNL/PPM America Small Cap Value Fund - Class I
JNL/PPM America Total Return Fund - Class A
JNL/PPM America Total Return Fund - Class I
JNL/RAFI Fundamental Asia Developed Fund - Class A
JNL/RAFI Fundamental Asia Developed Fund - Class I
JNL/RAFI Fundamental Europe Fund - Class A
JNL/RAFI Fundamental Europe Fund - Class I
JNL/T. Rowe Price Balanced Fund - Class A(1)
JNL/T. Rowe Price Capital Appreciation Fund - Class A
JNL/T. Rowe Price Capital Appreciation Fund - Class I
JNL/T. Rowe Price Established Growth Fund - Class A
JNL/T. Rowe Price Established Growth Fund - Class I
JNL/T. Rowe Price Mid-Cap Growth Fund - Class A
JNL/T. Rowe Price Mid-Cap Growth Fund - Class I
JNL/T. Rowe Price Short-Term Bond Fund - Class A
JNL/T. Rowe Price Short-Term Bond Fund - Class I
JNL/T. Rowe Price U.S. High Yield Fund - Class A(1)
JNL/T. Rowe Price U.S. High Yield Fund - Class I(1)
JNL/T. Rowe Price Value Fund - Class A
JNL/T. Rowe Price Value Fund - Class I
JNL/Vanguard Capital Growth Fund - Class A
JNL/Vanguard Capital Growth Fund - Class I
JNL/Vanguard Equity Income Fund - Class A
JNL/Vanguard Equity Income Fund - Class I



JNL/Vanguard Global Bond Market Index Fund - Class A
JNL/Vanguard Global Bond Market Index Fund - Class I
JNL/Vanguard Growth ETF Allocation Fund - Class A
JNL/Vanguard Growth ETF Allocation Fund - Class I
JNL/Vanguard International Fund - Class A
JNL/Vanguard International Fund - Class I
JNL/Vanguard International Stock Market Index Fund - Class A
JNL/Vanguard International Stock Market Index Fund - Class I
JNL/Vanguard Moderate ETF Allocation Fund - Class A
JNL/Vanguard Moderate ETF Allocation Fund - Class I
JNL/Vanguard Moderate Growth ETF Allocation Fund - Class A
JNL/Vanguard Moderate Growth ETF Allocation Fund - Class I
JNL/Vanguard Small Company Growth Fund - Class A
JNL/Vanguard Small Company Growth Fund - Class I
JNL/Vanguard U.S. Stock Market Index Fund - Class A
JNL/Vanguard U.S. Stock Market Index Fund - Class I
JNL/WCM Focused International Equity Fund - Class A
JNL/WCM Focused International Equity Fund - Class I
JNL/Westchester Capital Event Driven Fund - Class A
JNL/Westchester Capital Event Driven Fund - Class I
JNL/WMC Balanced Fund - Class A
JNL/WMC Balanced Fund - Class I
JNL/WMC Government Money Market Fund - Class A
JNL/WMC Government Money Market Fund - Class I
JNL/WMC Value Fund - Class A
JNL/WMC Value Fund - Class I

Statements of assets and liabilities as of December 31, 2020, and the related statements of operations and changes in net assets for the period from April 27, 2020 (inception) to December 31, 2020.

JNL Multi-Manager Alternative Fund - Class I
JNL/Loomis Sayles Global Growth Fund - Class I
JNL/Lord Abbett Short Duration Income Fund - Class A
JNL/Lord Abbett Short Duration Income Fund - Class I
JNL/T. Rowe Price Balanced Fund - Class I

Statements of assets and liabilities as of December 31, 2020, and the related statements of operations for the year ended December 31, 2020 and changes in net assets for the year ended December 31, 2020 and for the period from June 24, 2019 (inception) to December 31, 2019.

JNL/AQR Large Cap Defensive Style Fund - Class A
JNL/AQR Large Cap Defensive Style Fund - Class I
JNL/BlackRock Advantage International Fund - Class A
JNL/BlackRock Advantage International Fund - Class I
JNL/DFA International Core Equity Fund - Class A
JNL/DFA International Core Equity Fund - Class I
JNL/JPMorgan Global Allocation Fund - Class A
JNL/JPMorgan Global Allocation Fund - Class I
JNL/RAFI Fundamental U.S. Small Cap Fund - Class A



JNL/RAFI Fundamental U.S. Small Cap Fund - Class I
JNL/RAFI Multi-Factor U.S. Equity Fund - Class A
JNL/RAFI Multi-Factor U.S. Equity Fund - Class I

Statements of operations for the period from January 1, 2020 to April 24, 2020 (closure) and changes in net assets for the period from January 1, 2020 to April 24, 2020 (closure) and the year ended December 31, 2019.

JNL Institutional Alt 100 Fund - Class A
JNL Institutional Alt 25 Fund - Class A
JNL Institutional Alt 25 Fund - Class I
JNL Institutional Alt 50 Fund - Class A
JNL Institutional Alt 50 Fund - Class I
JNL/Eaton Vance Global Macro Absolute Return Advantage Fund - Class A
JNL/Eaton Vance Global Macro Absolute Return Advantage Fund - Class I
JNL/FAMCO Flex Core Covered Call Fund - Class A
JNL/FAMCO Flex Core Covered Call Fund - Class I
JNL/FPA + DoubleLine Flexible Allocation Fund - Class A
JNL/FPA + DoubleLine Flexible Allocation Fund - Class I
JNL/Franklin Templeton Global Fund - Class A
JNL/Franklin Templeton Global Fund - Class I
JNL/Goldman Sachs Emerging Markets Debt Fund - Class A
JNL/Invesco China-India Fund - Class A
JNL/Invesco China-India Fund - Class I
JNL/Mellon S&P 1500 Growth Index Fund - Class A
JNL/Mellon S&P 1500 Growth Index Fund - Class I
JNL/Mellon S&P 1500 Value Index Fund - Class A
JNL/Mellon S&P 1500 Value Index Fund - Class I
JNL/Neuberger Berman Currency Fund - Class A
JNL/Neuberger Berman Currency Fund - Class I
JNL/Nicholas Convertible Arbitrage Fund - Class A
JNL/Nicholas Convertible Arbitrage Fund - Class I
JNL/Oppenheimer Emerging Markets Innovator Fund - Class A
JNL/PPM America Mid Cap Value Fund - Class A
JNL/PPM America Mid Cap Value Fund - Class I
JNL/PPM America Value Equity Fund - Class A
JNL/PPM America Value Equity Fund - Class I
JNL/S&P Mid 3 Fund - Class A
JNL/S&P Mid 3 Fund - Class I
JNL/Scout Unconstrained Bond Fund - Class A
JNL/The London Company Focused U.S. Equity Fund - Class A
JNL/The London Company Focused U.S. Equity Fund - Class I
JNL/VanEck International Gold Fund - Class A

(1)    See Note 1 to the financial statements for the former name of the Investment Division.



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Jackson National Life Insurance Company of New York
Index to Financial Statements
December 31, 2020 and 2019




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Report of Independent Registered Public Accounting Firm


To the Stockholder and Board of Directors
Jackson National Life Insurance Company of New York:

Opinion on the Financial Statements

We have audited the accompanying balance sheets of Jackson National Life Insurance Company of New York (the Company) as of December 31, 2020 and 2019, the related statements of income, comprehensive income, stockholder’s equity, and cash flows for each of the years in the three-year period ended December 31, 2020, and the related notes (collectively, the financial statements). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2020 and 2019, and the results of its operations and its cash flows for each of the years in the three-year period ended December 31, 2020, in conformity with U.S. generally accepted accounting principles.
Basis for Opinion

These financial statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on these financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB and in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits, we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control over financial reporting. Accordingly, we express no such opinion.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

Critical Audit Matters

The critical audit matters communicated below are matters arising from the current period audit of the financial statements that were communicated or required to be communicated to the audit committee and that: (1) relate to accounts or disclosures that are material to the financial statements and (2) involved our especially challenging, subjective, or complex judgments. The communication of critical audit matters does not alter in any way our opinion on the financial statements, taken as a whole, and we are not, by communicating the critical


KPMG LLP is a Delaware limited liability partnership and a. member firm of
the KPMG global organization of independent member firms affiliated with
KPMG International Limited, a private English company limited by guarantee.




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audit matters below, providing separate opinions on the critical audit matters or on the accounts or disclosures to which they relate.

Liability for future policy benefits for certain variable annuity guarantees

Variable annuity contracts issued by the Company offer guaranteed minimum death benefits (GMDBs) and guaranteed minimum withdrawal benefits (GMWBs). The liability for the non-life contingent component of GMWBs is considered an embedded derivative and reported at fair value. The liability for GMDBs is measured in accordance with the measurement guidance for death and other insurance benefits. As of December 31, 2020, the liability for the non-life contingent component of GMWBs was estimated to be $397.3 million and the liability for GMDBs was estimated to be $58.6 million. These liabilities are reported within reserves for future policy benefits and claims payable in the Company’s balance sheets. As described in Notes 2, 4, and 8 to the financial statements, the Company estimates the liabilities for the GMDBs and non-life contingent component of the GMWBs using subjective judgments related to capital market assumptions, as well as actuarially determined assumptions related to expectations of future policyholder behavior. The Company regularly evaluates and updates these assumptions, causing adjustment to the estimated liability, if actual experience or other evidence suggests that earlier assumptions should be revised.

We identified the evaluation of certain assumptions used to estimate the value of these liabilities as a critical audit matter. Due the significant measurement uncertainty, this evaluation involved subjective auditor judgment and required specialized skills and knowledge related to the assumptions for mortality, benefit utilization, lapse, and discount rates (for non-life contingent GMWB liabilities) and mortality, lapse, fund performance, and discount rates (for GMDB liabilities).

The following are the primary procedures we performed to address this critical audit matter. With the assistance of actuarial professionals with specialized skills and industry knowledge, we evaluated the design and tested the operating effectiveness of certain internal controls over the Company’s development and selection of assumptions used in the estimation of these liabilities. We involved actuarial professionals with specialized skills and industry knowledge, who assisted in:

evaluating the appropriateness, and consistency with prior periods, of the Company’s methodology for selecting capital market and policyholder behavior assumptions

comparing the selected assumptions with the Company’s emerging experience or market trends and evaluating the reasonableness of selected assumptions where deviations from Company experience or market trends were identified

testing the application of the Company’s estimation methodology and confirming the use of selected assumptions by recalculating the estimated reserve for a selection of policies and comparing the results to the Company’s estimates.

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We have served as the Company’s auditor since 1999.

Dallas, Texas
April 12, 2021




Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Balance Sheets
(In thousands, except per share information)
December 31,
Assets20202019
Investments:
Available for sale debt securities, at fair value (amortized cost: 2020 $1,268,007; 2019 $1,129,407, including allowance for credit losses of $6 and nil at December 31, 2020 and 2019, respectively)$1,374,990 $1,178,633 
Policy loans399 382 
Total investments1,375,389 1,179,015 
Cash and cash equivalents123,034 146,944 
Accrued investment income9,458 8,890 
Deferred acquisition costs and sales inducements40,028 49,891 
Reinsurance recoverable2,078,120 1,597,137 
Income taxes receivable from Parent6,190 — 
Deferred income taxes, net17,563 37,253 
Separate account assets15,306,544 13,489,116 
Total assets$18,956,326 $16,508,246 
Liabilities and Equity
Liabilities
Reserves for future policy benefits and claims payable$559,213 $314,467 
Other contract holder funds1,903,038 1,665,405 
Payable to Parent347,847 259,560 
Deferred gain on reinsurance145,757 170,050 
Income taxes payable to Parent— 4,116 
Other liabilities36,480 34,820 
Separate account liabilities15,306,544 13,489,116 
Total liabilities18,298,879 15,937,534 
Stockholder's Equity
Common stock, $1,000 par value; 2,000 shares
authorized, issued and outstanding2,000 2,000 
Additional paid-in capital187,924 187,924 
Accumulated other comprehensive income, net of
tax expense (benefit) of $7,912 in 2020 and $(719) in 202164,645 33,346 
Retained earnings402,878 347,442 
Total stockholder's equity657,447 570,712 
Total liabilities and stockholder's equity$18,956,326 $16,508,246 


See accompanying Notes to Financial Statements

3

Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Income Statements
(In thousands)
Years Ended December 31,
202020192018
Revenues
Fee income$33,182 $32,220 $30,151 
Premium69 (31)— 
Net investment income43,117 45,027 43,540 
Net realized gains (losses) on investments11732361(15.00)
Commission and expense allowance on reinsurance ceded154,462 137,421 143,896 
Amortization of gain on reinsurance24,293 24,293 24,387 
Total revenues256,296 241,291 241,959 
Benefits and Expenses
Death, other policy benefits and change in policy reserves, net of deferrals23,523 2,078 10,605 
Interest credited on other contract holder funds, net of deferrals14,859 15,791 17,809 
Operating costs and other expenses, net of deferrals168,826 149,587 156,313 
Amortization of deferred acquisition and sales inducement costs(1,794)6,702 4,506 
Total benefits and expenses205,414 174,158 189,233 
Pretax income50,882 67,133 52,726 
Income tax (benefit) expense(4,554)(234)4,270 
Net income$55,436 $67,367 $48,456 


See accompanying Notes to Financial Statements

4

Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Statements of Comprehensive Income
(In thousands)
Years Ended December 31,
202020192018
Net Income$55,436 $67,367 $48,456 
Other comprehensive income (loss), net of tax:
Net unrealized gains (losses) on available for sale debt securities not impaired (net of tax expense (benefit) of: 2020 $9,119; 2019 $9,200; 2018 $(5,379))33,133 34,611 (20,233)
Change in net unrealized losses on securities for which an allowance for credit losses has been recorded (net of tax benefit of: 2020 $5)(18)— — 
Net unrealized gains (losses) on other impaired securities (net of tax expense (benefit) of: 2019 nil; 2018 $9)— — 33 
Reclassification adjustment for (losses) gains included in net income (net of tax (benefit) expense of: 2020 $(483); 2019 $285; 2018 $(329))(1,816)1,071 (1,240)
Total other comprehensive income (loss)31,299 35,682 (21,440)
Comprehensive income$86,735 $103,049 $27,016 

See accompanying Notes to Financial Statements

5

Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Statements of Stockholder's Equity
(In thousands)
Accumulated
AdditionalOtherTotal
CommonPaid-InComprehensiveRetained Stockholder's
StockCapitalIncomeEarningsEquity
Balances as of December 31, 2017$2,000 $187,924 $17,614 $233,109 $440,647 
Net income— — — 48,456 48,456 
Change in unrealized investment gains
and losses, net of tax— — (21,440)— (21,440)
Cumulative effects of changes in
accounting principles, net of tax— — 1,490 (1,490)— 
Balances as of December 31, 20182,000 187,924 (2,336)280,075 467,663 
Net income— — — 67,367 67,367 
Change in unrealized investment gains
and losses, net of tax— — 35,682 — 35,682 
Balances as of December 31, 20192,000 187,924 33,346 347,442 570,712 
.
Net income— — — 55,436 55,436 
Change in unrealized investment gains
and losses, net of tax— — 31,299 — 31,299 
Balances as of December 31, 2020$2,000 $187,924 $64,645 $402,878 $657,447 

See accompanying Notes to Financial Statements

6

Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Statements of Cash Flows
(In thousands)
Years Ended December 31,
202020192018
Cash flows from operating activities:
Net income$55,436 $67,367 $48,456 
Adjustments to reconcile net income to net cash
provided by operating activities:
Net realized (gains) losses on investments(1,173)(2,361)15 
Interest credited on deposit liabilities, gross35,188 39,137 37,193 
Amortization of discount and premium on investments558 (196)182 
Deferred income tax expense (benefit) 11,058 (1,382)2,999 
Change in:
Accrued investment income(568)486 (260)
Deferred acquisition costs and sales inducements(7,970)701 (1,977)
Income taxes receivable from/payable to Parent(10,306)5,075 5,825 
Claims payable36,866 (1,564)7,903 
Payable to/receivable from Parent88,287 (40,692)(6,076)
Other assets and liabilities, net(296,630)(12,584)31,749 
Net cash (used in) provided by operating activities(89,254)53,987 126,009 
Cash flows from investing activities:
Sales, maturities and repayments of:
Debt securities200,901 214,843 147,995 
Equity securities— 97 — 
Purchases of:
Debt securities(338,884)(196,415)(180,500)
Equity securities— — — 
Other investing activities(268)(866)(4,165)
Net cash (used in) provided by investing activities(138,251)17,659 (36,670)
Cash flows from financing activities:
Policyholders' account balances:
Deposits1,344,009 1,246,555 1,356,813 
Withdrawals(1,205,117)(1,253,608)(1,122,842)
Net transfers from (to) separate accounts64,703 (57,879)(315,674)
Net cash provided by (used in) financing activities203,595 (64,932)(81,703)
Net (decrease) increase in cash and cash equivalents(23,910)6,714 7,636 
Cash and cash equivalents, beginning of year146,944 140,230 132,594 
Total cash and cash equivalents, end of year$123,034 $146,944 $140,230 
Supplemental Cash Flow Information
Income tax received from Parent$5,305 $3,927 $4,554 


See accompanying Notes to Financial Statements

7

Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Financial Statements
December 31, 2020 and 2019



1.    Business and Basis of Presentation

Jackson National Life Insurance Company of New York, (the “Company” or “Jackson-NY”) is wholly owned by Jackson National Life Insurance Company (“Jackson” or the “Parent”), a wholly owned subsidiary of Brooke Life Insurance Company (“Brooke Life”), which is wholly owned by the US parent, Jackson Financial Inc. (“Jackson Financial”),which is a majority-owned subsidiary of Prudential plc (“Prudential”), London, England. Jackson-NY is licensed to sell group and individual annuity products (including immediate annuities, deferred fixed annuities and variable annuities), guaranteed investment contracts (“GICs”) and individual life insurance products, including variable universal life, in the states of New York, Delaware, and Michigan.

Other
As a result of the spread of the COVID-19 coronavirus, economic uncertainties have arisen which may have an impact on the Company’s capital position. As the economic uncertainties are on-going, the potential impact continues to vary and is unknown at this time. The Company has implemented business continuity plans that were already in place to ensure the availability of services for our customers, work at home capabilities for our staff, where appropriate, and other ongoing risk management activities related to the current ongoing market stress.

On January 28, 2021, Prudential announced that they plan to pursue the separation of its US business operations in the second quarter of 2021 through a demerger. The demerger, which is subject to shareholder and regulatory approval, would result in a significantly earlier separation of the US business operations than originally announced in 2020.

Basis of Presentation
The accompanying financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”).

Use of Estimates
The preparation of the financial statements in conformity with GAAP requires the use of estimates and assumptions about future events that affect the amounts reported in the financial statements and the accompanying notes. Significant estimates or assumptions, as further discussed in the notes, include: 1) valuation of investments, including fair values of securities deemed to be in an illiquid market and the determination of when an impairment is necessary; 2) assumptions impacting estimated future gross profits, including but not limited to, policyholder behavior, mortality rates, expenses, investment returns and policy crediting rates, used in the calculation of amortization of deferred acquisition costs and deferred sales inducements; 3) assumptions used in calculating policy reserves and liabilities, including but not limited to, policyholder behavior, mortality rates, expenses, investment returns and policy crediting rates; 4) assumptions as to future earnings levels being sufficient to realize deferred tax benefits; 5) estimates related to liabilities for lawsuits, contingencies and other accruals; 6) estimates related to expectations of credit losses on certain financial assets; 7) assumptions and estimates associated with the Company’s tax positions, including an estimate of the dividends received deduction, which impact the amount of recognized tax benefits recorded by the Company; and 7) value of guaranteed benefits. These estimates and assumptions are based on management’s best estimates and judgments. Management evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors deemed appropriate. As facts and circumstances dictate, these estimates and assumptions may be adjusted. Since future events and their effects cannot be determined with precision, actual results could differ significantly from these estimates. Changes in estimates, including those resulting from continuing changes in the economic environment, will be reflected in the financial statements in the periods the estimates are changed.

2.    Summary of Significant Accounting Policies

Changes in Accounting Principles – Adopted in Current Year
In June 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-13, “Financial Instruments – Credit Losses: Measurement of Credit Losses on Financial Instruments,” which provides a new current expected credit loss (“CECL”) model to account for credit losses on certain financial assets and off-balance sheet exposures. The model requires an entity to estimate lifetime credit losses related to such financial assets and exposures based on relevant information about past events, current conditions, and reasonable and supportable forecasts that affect the collectability of the reported amount. The guidance also modified the current other-than-temporary impairment guidance
8

Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Financial Statements
December 31, 2020 and 2019



for available for sale debt securities to require the use of an allowance rather than a direct write down of the investment and replaces existing guidance for purchased credit deteriorated loans and debt securities. The guidance also requires enhanced disclosures. Effective January 1, 2020, the Company adopted ASU 2016-13 and all related amendments.

In August 2018, the FASB issued ASU No. 2018-15, “Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement that is a Service Contract,” which align the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software. Effective January 1, 2020, the Company prospectively adopted ASU 2018-15 and all related amendments to implementation costs incurred during the year. The adoption of ASU 2018-15 did not have a significant effect on the Company’s financial statements.

In August 2018, the FASB issued ASU No. 2018-13, “Changes to the Disclosure Requirements for Fair Value Measurements,” which modifies the disclosure requirements on fair value measurements. Effective January 1, 2020, the Company adopted ASU No. 2018-13, resulting in revised disclosures within the Company’s financial statements.

In March 2020, the FASB issued ASU 2020-04, “Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting”. The new guidance provides optional expedients for applying GAAP to contracts and other transactions affected by reference rate reform, and is effective for contract modifications made between March 12, 2020 and December 31, 2022. If certain criteria are met, an entity will not be required to remeasure or reassess contracts impacted by reference rate reform. This standard may be elected and applied prospectively as reference rate reform unfolds, but no contracts were modified prior to year end. The adoption of the new guidance did not have an impact on the financial statements. The Company will continue to evaluate the impacts of reference rate reform on contract modifications and other transactions through December 31, 2022.

Changes in Accounting Principles – Issued but Not Yet Adopted
In August 2018, the FASB issued ASU No. 2018-12, “Targeted Improvements to the Accounting for Long Duration Contracts,” which includes changes to the existing recognition, measurement, presentation and disclosure requirements for long-duration contracts issued by an insurance entity. The amendments in this Update contain four significant changes: 1) For the calculation of the liability for future policy benefits of nonparticipating traditional and limited-payment insurance and reinsurance contracts, cash flow assumptions and discount rates will be required to be updated at least annually; 2) Market risk benefits, a new term for certain contracts or features that provide for potential benefits in addition to the account balance which exposes the insurer to other than nominal market risk, will be measured at fair value; 3) deferred acquisition costs (“DAC”) will be amortized on a constant-level basis, independent of profitability; and 4) enhanced disclosures, including quantitative information in rollforwards for balance sheet accounts, as well as information about significant inputs, judgments, assumptions and methods used in measurement will be required. ASU No. 2018-12 is effective for fiscal years beginning after December 15, 2022, with required retrospective application to January 1, 2021. Early adoption is permitted. The Company has begun its implementation efforts and is currently assessing the impact of the new guidance. Given the nature and extent of the required changes, the adoption of this standard is expected to have a significant impact on the Company’s financial statements and disclosures. In addition to the initial balance sheet impact upon adoption, the Company also expects a change in the pattern of future profit emergence.

Comprehensive Income
Comprehensive income includes all changes in stockholder’s equity (except those arising from transactions with owner/stockholder) and, in the Company’s case, includes net income and net unrealized gains or losses on available for sale debt securities.

Investments
Debt securities consist primarily of bonds and asset-backed securities. Acquisition discounts and premiums on debt securities are amortized into investment income through call or maturity dates using the effective interest method. Discounts and premiums on asset-backed securities are amortized over the estimated redemption period. Certain asset-backed securities are considered to be other than high quality or otherwise deemed to be high-risk, meaning the Company might not recover substantially all of its recorded investment due to unanticipated prepayment events. For these securities, changes in investment yields due to changes in estimated future cash flows are accounted for on a prospective basis. The carrying value of such securities was $4.6 million and $5.6 million as of December 31, 2020 and 2019, respectively.
9

Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Financial Statements
December 31, 2020 and 2019



Debt securities are generally classified as available for sale and are carried at fair value. For debt securities in an unrealized loss position, for which the Company deems an impairment necessary, the amortized cost may be written down to fair value through net realized gains (losses) on investments, or an allowance for credit loss (“ACL”) may be recorded along with a charge to net realized gains (losses) on investments. This is further described in Note 3.

Accrued interest receivables are presented separate from the amortized cost of debt securities. An ACL is not estimated on an accrued interest receivable, rather receivable balances that are deemed uncollectable are written off with a corresponding reduction to net investment income.

Policy loans are loans the Company issues to contract holders that use the cash surrender value of their life insurance policy or annuity contract as collateral.

Realized gains and losses on sales of investments are recognized in income at the date of sale and are determined using the specific cost identification method.

The changes in unrealized gains and losses on certain investments that are classified as available for sale and the non-credit related portion of other-than-temporary impairment charges, prior to adoption of ASU 2016-03, are excluded from net income and included as a component of other comprehensive income and total equity, net of tax, and the effect of the adjustment for deferred acquisition costs and deferred sales inducements.

Embedded Derivatives
Certain guarantees offered in connection with variable annuities issued by the Company may contain embedded derivatives. Derivatives, embedded in certain host liabilities that have been separated for accounting and financial reporting purposes, are carried at fair value. The results from changes in value of embedded derivatives are reported in net income as further detailed in Note 4.

See “Variable Annuity Guarantees” for additional information on the accounting policies for embedded derivatives bifurcated from insurance host contracts.

Variable Annuity Guarantees
Variable annuity contracts issued by the Company offer various guaranteed minimum death, withdrawal and income benefits. Certain benefits, including non-life contingent components of guaranteed minimum withdrawal benefits (“GMWB”) and, guaranteed minimum withdrawal benefits for life (“GMWB for Life”), which are reinsured through the contract that Jackson-NY has with its Parent, and the reinsurance recoverable on the Company’s guaranteed minimum income benefits (“GMIB”), which is reinsured through an unrelated party, are recorded at fair value. Guaranteed benefits that are not subject to fair value accounting are accounted for as insurance benefits. Variable annuity embedded derivatives are carried at fair value on the Company’s balance sheet as a component of reserves for future policy benefits and claims payable. The Company discontinued offering the GMIB in 2009.

The non-life contingent component of GMWB and GMWB for Life contracts consists of those guaranteed withdrawal amounts paid to the contract holder in excess of the account value of the contract, up to the amount of the living benefit base. Withdrawal amounts paid to the contract holder in excess of the living benefit base are considered life contingent, and are accounted for as insurance benefits. Non-life contingent components of GMWB and GMWB for Life contracts are recorded at fair value with changes in fair value recorded in death, other policy benefits and change in policy reserves. The fair value of the reserve is based on the expectations of future benefit payments and certain future fees associated with the benefits. At the inception of the contract, the Company attributes to the embedded derivative a portion of rider fees collected from the contract holder, which is then held static in future valuations. Those fees, generally referred to as the attributed fees, are set such that the present value of the attributed fees is equal to the present value of future claims expected to be paid under the guaranteed benefit at the inception of the contract. In subsequent valuations, both the present value of future benefits and the present value of attributed fees are revalued based on current market conditions and policyholder behavior assumptions. The difference between each of the two components represents the fair value of the embedded derivative. Thus, when unfavorable equity market movements cause declines in the contract holder’s account value relative to the guarantee benefit, the valuation of future expected claims would generally increase relative to the measurement performed at the inception of the contract, resulting in an increase in the fair value of the embedded derivative liability (and vice versa).
10

Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Financial Statements
December 31, 2020 and 2019


Fair values for GMWB, GMWB for Life as well as GMIB reinsurance recoverables, are calculated using internally developed models because active, observable markets do not exist for those guaranteed benefits.

The fair value calculation is based on the present value of future cash flows comprised of future expected benefit payments, less future attributed rider fees, over the lives of the contracts. Estimating these cash flows requires numerous estimates and subjective judgments related to capital market inputs, as well as actuarially determined assumptions related to expectations regarding policyholder behavior. Capital market inputs include expected market rates of return, market volatility, correlations of market index returns to funds, fund performance and discount rates. The more significant actuarial assumptions include benefit utilization by policyholders, lapse, mortality and withdrawal rates. Best estimate assumptions plus risk margins are used as applicable.

At each valuation date, the fair value calculation reflects expected returns based on the greater of LIBOR swap rates and constant maturity treasury rates as of that date to determine the value of expected future cash flows produced in a stochastic process. Volatility assumptions are based on available market data for implied market volatility for durations up to 10 years, grading to a historical volatility level by year 15, where such long-term historical volatility levels contain an explicit risk margin. Risk margins are also incorporated into the model assumptions, particularly for policyholder behavior. Estimates of future policyholder behavior are subjective and are based primarily on the Company’s experience.

The fair value of a liability reflects the effect of nonperformance risk. Nonperformance risk includes, but may not be limited to, a reporting entity’s own credit risk. The Company incorporates nonperformance risk into the fair value calculation through the use of discount rates based on a blend of observed market yields on debt for life insurers with similar credit ratings to the Company’s Parent and matrix pricing data for expected yields on Jackson Financial debt (either actual debt issuance or indicative quotes) adjusted to operating company levels.

As markets change, mature and evolve and actual policyholder behavior emerges, management regularly evaluates the appropriateness of its assumptions for this component of the fair value model.

The use of the models and assumptions described above requires a significant amount of judgment. Management believes the aggregation of each of these components results in an amount that the Company would be required to transfer for a liability, or receive for an asset, to or from a willing buyer or seller, if one existed, for those market participants to assume the risks associated with the guaranteed benefits and the related reinsurance. However, the ultimate settlement amount of the asset or liability, which is currently unknown, could be significantly different than this fair value.

Cash and Cash Equivalents
Cash and cash equivalents primarily include money market instruments and bank deposits.

Fair Value Measurement
Fair value measurements are based upon observable and unobservable inputs. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect the Company’s view of market assumptions in the absence of observable market information. The Company utilizes valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs. All financial assets and liabilities measured at fair value are required to be classified into one of the following categories:

Level 1Observable inputs that reflect quoted prices for identical assets or liabilities in active markets that the Company has the ability to access at the measurement date. Level 1 securities include U.S. Treasury securities and exchange traded equity securities.
Level 2Observable inputs, other than quoted prices included in Level 1, for the asset or liability or prices for similar assets and liabilities. Most debt securities that are model priced using observable inputs are classified within Level 2.
Level 3Valuations that are derived from techniques in which one or more of the significant inputs are unobservable (including assumptions about risk). Embedded derivatives that are valued using unobservable inputs are included in Level 3. Because Level 3 fair values, by their nature, contain unobservable market inputs, considerable judgment may be used to determine the Level 3 fair values.

11

Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Financial Statements
December 31, 2020 and 2019



Level 3 fair values represent the Company’s best estimate of an amount that could be realized in a current market exchange absent actual market exchanges.

In many situations, inputs used to measure the fair value of an asset or liability may fall into different levels of the fair value hierarchy. In these situations, the Company determines the level in which the fair value falls based upon the lowest level input that is significant to the determination of the fair value. As a result, both observable and unobservable inputs may be used in the determination of fair values that the Company has classified within Level 3.

The Company determines the fair values of certain financial assets and liabilities based on quoted market prices, where available. The Company may also determine fair value based on estimated future cash flows discounted at the appropriate current market rate. When appropriate, fair values reflect adjustments for counterparty credit quality, the Company’s credit standing, liquidity and risk margins on unobservable inputs.

Where quoted market prices are not available, fair value estimates are made at a point in time, based on relevant market data, as well as the best information about the individual financial instrument. At times, illiquid market conditions may result in inactive markets for certain of the Company’s financial instruments. In such instances, there may be no or limited observable market data for these assets and liabilities. Fair value estimates for financial instruments deemed to be in an illiquid market are based on judgments regarding current economic conditions, liquidity discounts, currency, credit and interest rate risks, loss experience and other factors. These fair values are estimates and involve considerable uncertainty and variability as a result of the inputs selected and may differ materially from the values that would have been used had an active market existed. As a result of market inactivity, such calculated fair value estimates may not be realizable in an immediate sale or settlement of the instrument. In addition, changes in the underlying assumptions used in the fair value measurement technique could significantly affect these fair value estimates.

Refer to Note 4 for further discussion of the methodologies used to determine fair values of the Company’s financial instruments.

Deferred Acquisition Costs
Under current accounting guidance, certain costs that are directly related to the successful acquisition of new or renewal insurance business are capitalized as deferred acquisition costs. These costs primarily pertain to commissions and certain costs associated with policy issuance and underwriting. All other acquisition costs are expensed as incurred.

Deferred acquisition costs are increased by interest thereon and amortized into income in proportion to anticipated premium revenues for traditional life policies and in proportion to estimated gross profits, including net realized gains (losses) on investments, for annuities and interest-sensitive life products. Due to volatility of certain factors that affect gross profits, including net realized gains (losses) on investments, amortization may be a benefit or a charge in any given period. In the event of negative amortization, the related deferred acquisition cost balance is capped at the initial amount capitalized, plus interest. Unamortized deferred acquisition costs are written off when a contract is internally replaced and substantially changed.

As certain available for sale debt securities are carried at fair value, an adjustment is made to deferred acquisition costs equal to the change in amortization that would have occurred if such securities had been sold at their stated fair value and the proceeds reinvested at current yields. This adjustment, along with the change in net unrealized gains (losses) on available for sale debt securities, net of applicable tax, is credited or charged directly to equity as a component of other comprehensive income. At December 31, 2020 and 2019, deferred acquisition costs decreased by $33.3 million and $16.0 million, respectively, to reflect this adjustment.

For variable annuity business, the Company employs a mean reversion methodology that is applied with the objective of adjusting the amortization of deferred acquisition costs that would otherwise be highly volatile due to fluctuations in the level of future gross profits arising from changes in equity market levels. The mean reversion methodology achieves this objective by applying a dynamic adjustment to the assumption for short-term future investment returns. Under this methodology, the projected returns for the next five years are set such that, when combined with the actual returns for the current and preceding two years, the average rate of return over the eight-year period is 7.15% for 2020 and 7.4% for 2019, after external investment management fees. The mean reversion methodology does, however, include a cap and a floor of 15% and 0% per annum, respectively, on the projected return for each of the next five years. At December 31, 2020 and
12

Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Financial Statements
December 31, 2020 and 2019


2019, projected returns under mean reversion were within the range bounded by the 15% cap and 0% floor. At December 31, 2020 and 2019, projected returns after the next five years were set at 7.15% and 7.4%, respectively.

Deferred acquisition costs are reviewed periodically to ensure that the unamortized portion does not exceed the expected recoverable amounts. Any amount deemed unrecoverable is written off with a charge through deferred acquisition costs amortization. No such write-offs were required for 2020, 2019, and 2018.
        
Deferred Sales Inducements
Under current accounting guidance, certain sales inducement costs that are directly related to the successful acquisition of new or renewal insurance business are capitalized as deferred sales inducement costs. Bonus interest on deferred fixed annuities and contract enhancements on variable annuities are capitalized as deferred sales inducements. Deferred sales inducements are increased by interest thereon and amortized into income in proportion to estimated gross profits, including net realized gains (losses) on investments. Due to volatility of certain factors that affect gross profits, including net realized gains (losses) on investments, amortization may be a benefit or a charge in any given period. In the event of negative amortization, the related deferred sales inducements balance is capped at the initial amount capitalized, plus interest. Unamortized deferred sales inducements are written off when a contract is internally replaced and substantially changed.

As certain available for sale debt securities are carried at fair value, an adjustment is made to deferred sales inducements equal to the change in amortization that would have occurred if such securities had been sold at their stated fair value and the proceeds reinvested at current yields. This adjustment, along with the change in net unrealized gains (losses) on available for sale debt securities, net of applicable tax, is credited or charged directly to equity as a component of other comprehensive income. At December 31, 2020 and 2019, deferred sales inducements increased (decreased) by $1.2 million and $(0.6) million, respectively, to reflect this adjustment.

For variable annuity business, the Company employs the same mean reversion methodology as is employed for deferred acquisition costs as described above.

Deferred sales inducements are reviewed periodically to ensure that the unamortized portion does not exceed the expected recoverable amounts. Any amount deemed unrecoverable is written off with a charge through deferred sales inducements amortization. No such write-offs were required for 2020, 2019, and 2018.

Actuarial Assumption Changes (Unlocking)
Annually, or as circumstances warrant, the Company conducts a comprehensive review of the assumptions used for its estimates of future gross profits underlying the amortization of deferred acquisition costs and deferred sales inducements, as well as the valuation of the embedded derivatives and reserves for life insurance and annuity products with living benefit and death benefit guarantees. These assumptions include, but may not be limited to, policyholder behavior, mortality rates, expenses, projected hedging costs, investment returns and policy crediting rates. Based on this review, the cumulative balances of deferred acquisition costs, deferred sales inducements and life and annuity guaranteed benefit reserves are adjusted with a corresponding benefit or charge to net income.

Reinsurance
The Company enters into ceded reinsurance agreements with other companies in the normal course of business. Reinsurance agreements are reported on a gross basis on the Company’s balance sheets as an asset for amounts recoverable from reinsurers or as a component of other liabilities for amounts, such as premiums, owed to reinsurers. Reinsurance ceded premiums and benefits provided are accounted for on bases consistent with those used in accounting for the original policies issued and the terms of the reinsurance contracts. Premium income and benefit expenses are reported net of insurance ceded.

Income Taxes
The Company files a consolidated federal income tax return with Jackson, Brooke Life, and Squire Reassurance Company II, Inc. The Company has entered into a written tax sharing agreement, which is based on separate return basis with benefits for credits and losses.

Deferred federal income taxes arise from the recognition of temporary differences between the basis of assets and liabilities determined for financial reporting purposes and the basis determined for income tax purposes. Such temporary differences
13

Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Financial Statements
December 31, 2020 and 2019



are principally related to the effects of recording certain invested assets at market value, the deferral of policy acquisition costs and sales inducements and the provisions for future policy benefits and expenses. Deferred tax assets and liabilities are measured using the tax rates expected to be in effect when such benefits are realized. Jackson-NY is required to test the value of deferred tax assets for realizability. Deferred tax assets are reduced by a valuation allowance if, based on the weight of available positive and negative evidence, it is more likely than not that some portion, or all, of the deferred tax assets will not be realized. In determining the need for a valuation allowance, the Company considers the carryback eligibility of losses, reversal of existing temporary differences, estimated future taxable income and tax planning strategies.

The determination of the valuation allowance for Jackson-NY’s deferred tax assets requires management to make certain judgments and assumptions regarding future operations that are based on historical experience and expectations of future performance. In order to recognize a tax benefit in the financial statements, there must be a greater than fifty percent chance of success of the Company’s position being sustained by the relevant taxing authority with regard to that tax position. Management’s judgments are potentially subject to change given the inherent uncertainty in predicting future performance, which is impacted by such factors as policyholder behavior, competitor pricing and other specific industry and market conditions.

The Company recognizes accrued interest and penalties, if any, related to unrecognized tax benefits as a component of tax expense.

Deferred Gain on Reinsurance
Jackson-NY amended its variable annuity reinsurance agreement with Jackson in 2016. The amendment of the treaty allows for 90% of the entire variable annuity contract to be ceded to Jackson on a coinsurance basis (modified coinsurance for Separate Account liabilities) and covers all existing and future issues of variable annuity contracts issued by Jackson-NY. The amendment in 2016 resulted in an initial gain to Jackson-NY of $242.9 million, which was deferred and is being amortized into income over the life of the business. At December 31, 2020 and 2019, the remaining balance to be amortized was $145.8 million and $170.1 million, respectively.

Reserves for Future Policy Benefits and Claims Payable and Other Contract Holder Funds
For traditional life insurance contracts, which include term and whole life, reserves for future policy benefits are determined using the net level premium method and assumptions as of the issue date or acquisition date as to mortality, interest, lapse and expenses, plus provisions for adverse deviations. These assumptions are not unlocked unless the reserve is determined to be deficient. Interest rate assumptions range from 3.5% to 6.0%. Lapse, mortality, and expense assumptions for recoverability are based primarily on Company experience in combination with that of its Parent. The Company’s liability for future policy benefits also includes net liabilities for guaranteed benefits related to certain nontraditional long-duration life and annuity contracts, which are further discussed in Note 8.

For the Company’s interest-sensitive life contracts, liabilities approximate the policyholder’s account value. For fixed deferred annuities and the fixed option on variable annuity contracts, the liability is the policyholder’s account value.

Contingent Liabilities
The Company is a party to legal actions and, at times, regulatory investigations. Given the inherent unpredictability of these matters, it is difficult to estimate their impact on the Company’s financial position. A reserve is established for contingent liabilities if it is probable that a loss has been incurred and the amount is reasonably estimable. It is possible that an adverse outcome in certain of the Company’s contingent liabilities, or the use of different assumptions in the determination of amounts recorded, could have a material effect upon the Company’s financial position. However, it is the opinion of management that the ultimate disposition of contingent liabilities is unlikely to have a material adverse effect on the Company's financial position.

Separate Account Assets and Liabilities
The Company maintains separate account assets associated with variable life and annuity contracts, which are reported at fair value. The related liabilities are reported at an amount equivalent to the separate account assets. At December 31, 2020 and 2019, the assets and liabilities associated with variable life and annuity contracts were $15.3 billion and $13.5 billion, respectively. Investment risks associated with market value changes are borne by the contract holders, except to the extent of minimum guarantees made by the Company. Refer to Note 8 for additional information regarding the Company’s contractual guarantees. Separate account net investment income, net investment realized and unrealized gains and losses,
14

Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Financial Statements
December 31, 2020 and 2019



and the related liability changes are offset within the same line item in the income statements. Amounts assessed against the contract holders for mortality, variable annuity benefit guarantees, administrative, and other services are reported in revenue as fee income.
        
Revenue and Expense Recognition
Premiums for traditional life insurance are reported as revenues when due. Benefits, claims and expenses are associated with earned revenues in order to recognize profit over the lives of the contracts. This association is accomplished through provisions for future policy benefits and the deferral and amortization of certain acquisition costs.

Deposits on interest-sensitive life products and investment contracts, principally universal and variable universal life contracts and deferred annuities, are treated as policyholder deposits and excluded from revenue. Revenues consist primarily of investment income and charges assessed against the account value for mortality charges, surrenders, variable annuity benefit guarantees and administrative expenses. Surrender benefits are treated as repayments of the policyholder account. Annuity benefit payments are treated as reductions to the policyholder account. Death benefits in excess of the policyholder account are recognized as an expense when incurred. Expenses consist primarily of the interest credited to policyholder deposits. Underwriting and other direct acquisition expenses are associated with gross profit in order to recognize profit over the life of the business. This is accomplished through deferral and amortization of acquisition costs and sales inducements. Expenses not related to policy acquisition are recognized when incurred.

Investment income is not accrued on securities in default and otherwise where the collection is uncertain. In these cases, receipts of interest on such securities are used to reduce the cost basis of the securities.

Subsequent Events
The Company has evaluated events through April 12, 2021, which is the date the financial statements were available to be issued.

On February 10, 2021, senior leadership changes were announced appointing Laura Prieskorn as Chief Executive Officer and Marcia Wadsten as Chief Financial Officer of Jackson.

15

Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Financial Statements
December 31, 2020 and 2019



3.    Investments

Investments are comprised primarily of fixed-income securities, primarily publicly-traded corporate and government bonds and asset-backed securities. Asset-backed securities include mortgage-backed and other structured securities. The Company generates the majority of its general account deposits from interest-sensitive individual annuity contracts on which it has committed to pay a declared rate of interest. The Company's strategy of investing in fixed-income securities aims to ensure matching of the asset yield with the amounts credited to the interest-sensitive liabilities and to earn a stable return on its investments.

Debt Securities
The following table sets forth the composition of the fair value of debt securities at December 31, 2020, classified by rating categories as assigned by nationally recognized statistical rating organizations (“NRSRO”), the National Association of Insurance Commissioners (“NAIC”), or if not rated by such organizations, the Company’s affiliated investment advisor. At December 31, 2020, the carrying value of investments rated by the Company’s affiliated investment advisor was nil. For purposes of the table, if not otherwise rated higher by a NRSRO, NAIC Class 1 investments are included in the A rating, Class 2 in BBB, Class 3 in BB and Classes 4 through 6 in B and below.
Percent of Total
Debt Securities
Carrying Value
Investment RatingDecember 31, 2020
AAA12.5 %
AA6.0 %
A38.2 %
BBB40.5 %
Investment grade97.2 %
BB2.0 %
B and below0.8 %
Below investment grade2.8 %
Total debt securities100.0 %

At December 31, 2020, based on ratings by NRSROs, of the total carrying value of debt securities in an unrealized loss position, 42% were investment grade, 2% were below investment grade and 56% were not rated. Unrealized losses on debt securities that were below investment grade or not rated were approximately 87% of the aggregate gross unrealized losses on available for sale debt securities.

Corporate securities in an unrealized loss position were diversified across industries. As of December 31, 2020, the industries accounting for the larger percentage of unrealized losses included financial services (84% of corporate gross unrealized losses) and transportation (6%). The largest unrealized loss related to a single corporate obligor was $1.1 million at December 31, 2020.
16

Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Financial Statements
December 31, 2020 and 2019



In accordance with guidance adopted January 1, 2020 regarding expected credit loss, securities that incurred a credit loss after December 31, 2019 and were still held at December 31, 2020, are presented net of ACL. In accordance with previous guidance, the non-credit other-than-temporary impairment (“OTTI”) loss is presented for securities, where applicable. At December 31, 2020 and 2019, the amortized cost, gross unrealized gains and losses, fair value and OTTI of debt securities or ACL were as follows (in thousands):In accordance with guidance adopted January 1, 2020 regarding expected credit loss, securities that incurred a credit loss after December 31, 2019 and were still held at December 31, 2020, are presented net of ACL. In accordance with previous guidance, the non-credit other-than-temporary impairment (“OTTI”) loss is presented for securities, where applicable. At December 31, 2020 and 2019, the amortized cost, gross unrealized gains and losses, fair value and OTTI of debt securities or ACL were as follows (in thousands):
AllowanceGrossGross
AmortizedforUnrealizedUnrealizedFair
December 31, 2020CostCredit LossGainsLossesValue
Debt Securities
U.S. government securities$15,860 $— $1,082 $— $16,942 
Other government securities1,832 — 317 — 2,149 
Public utilities103,456 — 9,601 — 113,057 
Corporate securities914,217 — 82,106 1,422 994,901 
Residential mortgage-backed13,088 1,631 — 14,713 
Commercial mortgage-backed140,797 — 10,687 90 151,394 
Other asset-backed securities78,757 — 3,096 19 81,834 
Total debt securities$1,268,007 $$108,520 $1,531 $1,374,990 
GrossGross
AmortizedUnrealizedUnrealizedFairNon-credit
December 31, 2019CostGainsLossesValue
OTTI (1)
Debt Securities
U.S. government securities$35,744 $— $440 $35,304 $— 
Other government securities1,956 257 — 2,213 — 
Public utilities87,807 2,922 150 90,579 — 
Corporate securities768,987 38,976 123 807,840 — 
Residential mortgage-backed28,595 1,788 10 30,373 (1,200)
Commercial mortgage-backed131,970 4,518 74 136,414 — 
Other asset-backed securities74,348 1,629 67 75,910 — 
Total debt securities$1,129,407 $50,090 $864 $1,178,633 $(1,200)
(1) Represents the amount of cumulative non-credit OTTI gains (losses) recognized in other comprehensive income for securities on which credit impairments have been recorded.


17

Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Financial Statements
December 31, 2020 and 2019



The amortized cost, allowance for credit losses, gross unrealized gains and losses, and fair value of debt securities at December 31, 2020, by contractual maturity, are shown below (in thousands). Actual maturities may differ from contractual maturities where securities can be called or prepaid with or without early redemption penalties.
AllowanceGrossGross
AmortizedforUnrealizedUnrealizedFair
CostCredit LossGainsLossesValue
Due in 1 year or less$45,882 $— $634 $$46,508 
Due after 1 year through 5 years383,918 — 31,133 — 415,051 
Due after 5 years through 10 years550,744 — 58,830 1,315 608,259 
Due after 10 years through 20 years53,824 — 2,509 72 56,261 
Due after 20 years997 — — 27 970 
Residential mortgage-backed13,088 1,631 — 14,713 
Commercial mortgage-backed140,797 — 10,687 90 151,394 
Other asset-backed securities78,757 — 3,096 19 81,834 
Total$1,268,007 $$108,520 $1,531 $1,374,990 
Securities with a carrying value of $529 thousand and $490 thousand at December 31, 2020 and 2019, respectively, were on deposit with the state of New York as required by state insurance law.

Residential mortgage-backed securities (“RMBS”) include certain RMBS which are collateralized by residential mortgage loans and are neither explicitly nor implicitly guaranteed by U.S. government agencies (“non-agency RMBS”). The Company’s non-agency RMBS include investments in securities backed by prime, Alt-A, and subprime loans as follows (in thousands):


AllowanceGrossGross
AmortizedforUnrealizedUnrealizedFair
December 31, 2020CostCredit LossGainsLossesValue
Prime$5,574 $$294 $— $5,862 
Alt-A1,469 — 444 — 1,913 
Subprime3,403 — 659 — 4,062 
Total non-agency RMBS$10,446 $$1,397 $— $11,837 
GrossGross
AmortizedUnrealizedUnrealizedFair
December 31, 2019CostGainsLossesValue
Prime$14,222 $469 $— $14,691 
Alt-A2,786 436 — 3,222 
Subprime4,376 598 10 4,964 
Total non-agency RMBS$21,384 $1,503 $10 $22,877 

The Company defines its exposure to non-agency residential mortgage loans as follows. Prime loan-backed securities are collateralized by mortgage loans made to the highest rated borrowers. Alt-A loan-backed securities are collateralized by mortgage loans made to borrowers who lack credit documentation or necessary requirements to obtain prime borrower rates. Subprime loan-backed securities are collateralized by mortgage loans made to borrowers that have a FICO score of 680 or lower.






18

Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Financial Statements
December 31, 2020 and 2019



The following table summarizes the number of securities, fair value and the gross unrealized losses of debt securities for which an allowance for credit losses has not been recorded, aggregated by investment category and length of time that individual debt securities have been in a continuous loss position (dollars in thousands):
December 31, 2020December 31, 2019
Less than 12 monthsLess than 12 months
GrossGross
UnrealizedFair# ofUnrealizedFair# of
LossesValuesecuritiesLossesValuesecurities
U.S. government securities$— $— — $440 $35,304 
Public utilities— — — 150 11,379 
Corporate securities1,361 23,620 10 99 9,932 12 
Residential mortgage-backed— 522 10 2,416 
Commercial mortgage-backed90 10,182 74 10,815 
Other asset-backed securities19 4,657 61 11,066 13 
Total temporarily impaired
securities$1,470 $38,981 22 $834 $80,912 44 
12 months or longer12 months or longer
GrossGross
UnrealizedFair# ofUnrealizedFair# of
LossesValuesecuritiesLossesValuesecurities
Corporate securities61 923 24 742 
Residential mortgage-backed— — — — 
Other asset-backed securities— — — 2,596 
Total temporarily impaired
securities$61 $930 $30 $3,338 10 
TotalTotal
GrossGross
UnrealizedFair# ofUnrealizedFair# of
LossesValuesecuritiesLossesValuesecurities
U.S. government securities$— $— — $440 $35,304 
Public utilities— — — 150 11,379 
Corporate securities1,422 24,543 11 123 10,674 14 
Residential mortgage-backed— 529 10 2,416 
Commercial mortgage-backed90 10,182 74 10,815 
Other asset-backed securities19 4,657 67 13,662 21 
Total temporarily impaired
securities$1,531 $39,911 24 $864 $84,250 54 

Debt securities in an unrealized loss position as of December 31, 2020 did not require an impairment recognized in earnings as the Company did not intend to sell these debt securities; it is not more likely than not that the Company will be required to sell these securities before recovery of their amortized cost basis; and the difference in the fair value compared to the amortized cost was due to factors other than credit loss. Based upon this evaluation, the Company believes it has the ability to generate adequate amounts of cash from normal operations to meet cash requirements with a reasonable margin of safety without requiring the sale of impaired securities.

As of December 31, 2020, unrealized losses associated with debt securities are primarily due to widening credit spreads or rising risk free rates since purchase. The Company performed a detailed analysis of the financial performance of the underlying issuers in an unrealized loss position and determined that recovery of the entire amortized cost of each impaired security is expected. In addition, mortgage-backed and asset-backed securities were assessed for credit impairment using a
19

Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Financial Statements
December 31, 2020 and 2019



cash flow model that incorporates key assumptions including default rates, severities, and prepayment rates. The Company estimated losses for a security by forecasting the underlying loans in each transaction. The forecasted loan performance was used to project cash flows to the various tranches in the structure, as applicable. The forecasted cash flows also considered, as applicable, independent industry analyst reports and forecasts, and other independent market data. Based upon this assessment of the expected credit losses of the security given the performance of the underlying collateral compared to subordination or other credit enhancement, the Company expects to recover the entire amortized cost of each impaired security

Evaluation of Available For Sale Debt Securities for Credit Loss
For debt securities in an unrealized loss position, management first assesses whether the Company has the intent to sell, or whether it is more likely than not it will be required to sell the security before the amortized cost basis is fully recovered. If either criteria is met, the amortized cost is written down to fair value through net losses on derivatives and investments as an impairment.

Debt securities in an unrealized loss position for which the Company does not have the intent to sell or is not more likely than not to sell the security before recovery to amortized cost are evaluated to determine if the cause of the decline in fair value resulted from credit losses or other factors and includes estimates about the operations of the issuer and future earnings potential.

The credit loss evaluation may consider the extent to which the fair value is below amortized cost; changes in ratings of the security; whether a significant covenant related to the security has been breached; or an issuer has filed or indicated a possibility of filing for bankruptcy, has missed or announced it intends to miss a scheduled interest or principal payment, or has experienced a specific material adverse change that may impair its creditworthiness; judgments about an obligor’s current and projected financial position; an issuer’s current and projected ability to service and repay its debt obligations; the existence of, and realizable value of, any collateral backing the obligations; and the macro-economic and micro-economic outlooks for specific industries and issuers.

In addition to the above, the credit loss review of investments in asset-backed securities includes the review of future estimated cash flows, including expected and stress case scenarios, to identify potential shortfalls in contractual payments. These estimated cash flows are developed using available performance indicators from the underlying assets including current and projected default or delinquency rates, levels of credit enhancement, current subordination levels, vintage, expected loss severity and other relevant characteristics. These estimates reflect a combination of data derived by third parties and internally developed assumptions. Where possible, this data is benchmarked against third-party sources.

For mortgage-backed securities, credit losses are assessed using a cash flow model that estimates the cash flows on the underlying mortgages, using the security-specific collateral characteristics and transaction structure. The model estimates cash flows from the underlying mortgage loans and distributes those cash flows to various tranches of securities, considering the transaction structure and any subordination and credit enhancements existing in that structure. The cash flow model incorporates actual cash flows on the mortgage-backed securities through the current period and then projects the remaining cash flows using a number of assumptions, including prepayment speeds, default rates and loss severity. Specifically for prime and Alt-A RMBS, the assumed default percentage is dependent on the severity of delinquency status, with foreclosures and real estate owned receiving higher rates, but also includes the currently performing loans. These estimates reflect a combination of data derived by third parties and internally developed assumptions. Where possible, this data is benchmarked against other third-party sources. In addition, these estimates are extrapolated along a default timing curve to estimate the total lifetime pool default rate.

When a credit loss is determined to exist and the present value of cash flows expected to be collected is less than the amortized cost of the security, an allowance for credit loss is recorded along with a charge to net losses on derivatives and investments, limited by the amount that the fair value is less than amortized cost. Any remaining unrealized loss after recording the allowance for credit loss is the non-credit amount and is recorded to other comprehensive income.

The allowance for credit loss for specific debt securities may be increased or reversed in subsequent periods due to changes in the assessment of present value of cash flows that are expected to be collected. Any changes to the allowance for credit loss is recorded as a provision for (or reversal of) credit loss expense in net losses on derivatives and investments.
20

Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Financial Statements
December 31, 2020 and 2019



When all, or a portion, of a security is deemed uncollectible, the uncollectible portion is written-off with an adjustment to amortized cost and a corresponding reduction to the allowance for credit losses.

Accrued interest receivables are presented separate from the amortized cost basis of debt securities. Accrued interest receivables that are determined to be uncollectible are written off with a corresponding reduction to net investment income.

The rollforward of ACL for available for sale securities by sector is as follows (in thousands):

US
government
securities
Other government securitiesPublic
utilities
Corporate securitiesResidential mortgage-backedCommercial mortgage-backedOther
asset-backed securities
Total
December 31, 2020
   Balance, beginning of period$— $— $— $— $— $— $— $— 
     Additions for which credit loss was
       not previously recorded— — — — 12 — — 12 
     Changes for securities with previously
       recorded credit loss— — — — (6)— — (6)
     Additions for purchases of — 
       PCD debt securities (1)
— — — — — — — 
     Reductions for securities disposed— — — — — — — — 
     Securities intended/required to be sold
       before recovery of amortized cost basis— — — — — — — — 
   Balance, end of period (2)
$— $— $— $— $$— $— $
(1) Represents purchased credit-deteriorated ("PCD") fixed maturity AFS securities.
(2) Accrued interest receivable on debt securities totaled $9.4 million as of December 31, 2020 and was excluded from the estimate of credit losses.

The following table summarizes net realized gains (losses) on investments (in thousands):


Years Ended December 31,
202020192018
Available-for-sale debt securities
Realized gains on sale$4,668 $3,483 $1,584 
Realized losses on sale(3,338)(1,077)(1,543)
Credit loss expense(6)— — 
Gross impairments(154)(45)(57)
Other— 
Net realized gains (losses) on investments$1,173 $2,361 $(15)

The aggregate fair value of securities sold at a loss for the years ended December 31, 2020, 2019, and 2018 was $15.1 million, $23.6 million, and $40.1 million, respectively, which was approximately 82%, 96%, and 97% of book value, respectively.



21

Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Financial Statements
December 31, 2020 and 2019



The following summarizes the current year activity for credit losses recognized in net income on debt securities where an other-than-temporary impairment was identified and the non-credit portion of the other-than-temporary impairment was included in other comprehensive income for the year ended December 31, 2019 (in thousands):
2019
Cumulative credit loss beginning balance$3,686 
Additions:
New credit losses45 
Reductions:
Securities sold, paid down or disposed of(1,395)
Securities where there is intent to sell(45)
Cumulative credit loss ending balance$2,291 

There are inherent uncertainties in assessing the fair values assigned to the Company’s investments and in determining whether a decline in fair value is other-than-temporary. The Company’s reviews of net present value and fair value involve several criteria including economic conditions, credit loss experience, other issuer-specific developments and estimated future cash flows. These assessments are based on the best available information at the time. Factors such as market liquidity, the widening of bid/ask spreads and a change in the cash flow assumptions can contribute to future price volatility. If actual experience differs negatively from the assumptions and other considerations used in the financial statements, unrealized losses currently reported in accumulated other comprehensive income may be recognized in the income statements in future periods.

The Company currently has no intent to sell debt securities with unrealized losses considered to be temporary until they mature or recover in value and believes that it has the ability to do so. However, if the specific facts and circumstances surrounding an individual security, or the outlook for its industry sector change, the Company may sell the security prior to its maturity or recovery and realize a loss.

Securities Lending
The Company has entered into a securities lending agreement with an agent bank whereby blocks of securities are loaned to third parties, primarily major brokerage firms. This agreement is subject to master netting arrangements and collateral arrangements, which creates a right of offset for amounts due to and due from that same counterparty that is enforceable in the event of a default or bankruptcy. The Company recognizes amounts subject to master netting arrangements on a gross basis within the balance sheets.

As of December 31, 2020 and 2019, the estimated fair value of loaned securities was $1.1 thousand and $243.1 thousand, respectively. The agreements require a minimum of 102 percent of the fair value of the loaned securities to be held as collateral, calculated on a daily basis. To further minimize the credit risks related to this program, the financial condition of counterparties is monitored on a regular basis. At December 31, 2020 and 2019, cash collateral received in the amount of $1.2 thousand and $255.0 thousand, respectively, was invested by the agent bank and included in cash and cash equivalents of the Company. A securities lending payable for the overnight and continuous loans is included in liabilities in the amount of cash collateral received.

Securities lending transactions are used to generate income. Income and expenses associated with these transactions are reported in net investment income.






22

Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Financial Statements
December 31, 2020 and 2019



4.    Fair Value Measurements

The following table summarizes the fair value and carrying value of Jackson-NY’s financial instruments (in thousands).

December 31, 2020December 31, 2019
Carrying ValueFair ValueCarrying ValueFair Value
Assets
Debt securities$1,374,990 $1,374,990 $1,178,633 $1,178,633 
Policy loans399 399 382 382 
Cash and cash equivalents123,034 123,034 146,944 146,944 
Reinsurance recoverable, net (1)
1,671,755 2,404,198 1,262,240 2,034,310 
Separate account assets15,306,544 15,306,544 13,489,116 13,489,116 
Liabilities
Annuity reserves (2)
$2,248,453 $3,076,282 $1,812,712 $2,668,158 
Securities lending payable255 255 
Separate account liabilities15,306,544 15,306,544 13,489,116 13,489,116 
(1)Represents only the components of reinsurance recoverable that are considered to be financial instruments, which arise from the GMWB and GMIB reinsurance and variable annuity general account reinsurance agreements.
(2)Annuity reserves represent only the components of other contract holder funds and reserves for future policy benefits and claims payable that are considered to be financial instruments.

The following is a discussion of the methodologies used to determine fair values of the financial instruments measured on both a recurring and nonrecurring basis reported in the following tables.

Debt Securities
The fair values for debt securities are determined using information available from independent pricing services, broker-dealer quotes, or internally derived estimates. Priority is given to publicly available prices from independent sources, when available. Securities for which the independent pricing service does not provide a quotation are either submitted to independent broker-dealers for prices or priced internally. Typical inputs used by these three pricing methods include, but are not limited to, reported trades, benchmark yields, credit spreads, liquidity premiums, and/or estimated cash flows based on default and prepayment assumptions.

As a result of typical trading volumes and the lack of specific quoted market prices for most debt securities, independent pricing services will normally derive the security prices through recently reported trades for identical or similar securities, making adjustments through the reporting date based upon available market observable information as outlined above. If there are no recently reported trades, the independent pricing services and broker-dealers may use matrix or pricing model processes to develop a security price where future cash flow expectations are developed based upon collateral performance and discounted at relevant market rates. Certain securities are priced using broker-dealer quotes, which may utilize proprietary inputs and models. Additionally, the majority of these quotes are non-binding.

Included in the pricing of asset-backed securities are estimates of the rate of future prepayments of principal over the remaining life of the securities. Such estimates are derived based on the characteristics of the underlying structure and prepayment assumptions believed to be relevant for the underlying collateral. Actual prepayment experience may vary from these estimates.

Internally derived estimates may be used to develop a fair value for securities for which the Company is unable to obtain either a reliable price from an independent pricing service or a suitable broker-dealer quote. These fair value estimates may incorporate Level 2 and Level 3 inputs and are generally derived using expected future cash flows, discounted at market interest rates available from market sources based on the credit quality and duration of the instrument. For securities that may not be reliably priced using these internally developed pricing models, a fair value may be estimated using indicative
23

Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Financial Statements
December 31, 2020 and 2019



market prices. These prices are indicative of an exit price, but the assumptions used to establish the fair value may not be observable or corroborated by market observable information and, therefore, represent Level 3 inputs.

The Company performs a monthly analysis on the prices and credit spreads received from third parties to ensure that the prices represent a reasonable estimate of the fair value. This process involves quantitative and qualitative analysis and is overseen by investment and accounting professionals. Examples of procedures performed include, but are not limited to, initial and ongoing review of third party pricing service methodologies, review of pricing statistics and trends, back testing recent trades and monitoring of trading volumes. In addition, the Company considers whether prices received from independent broker-dealers represent a reasonable estimate of fair value through the use of internal and external cash flow models, which are developed based on spreads and, when available, market indices. As a result of this analysis, if the Company determines there is a more appropriate fair value based upon the available market data, the price received from the third party may be adjusted accordingly.

For those securities that were internally valued at December 31, 2020 and 2019, the pricing model used by the Company utilizes current spread levels of similarly rated securities to determine the market discount rate for the security. Furthermore, appropriate risk premiums for illiquidity and non-performance are incorporated in the discount rate. Cash flows, as estimated by the Company using issuer-specific default statistics and prepayment assumptions, are discounted to determine an estimated fair value.

On an ongoing basis, the Company reviews the independent pricing services’ valuation methodologies and related inputs, and evaluates the various types of securities in its investment portfolio to determine an appropriate fair value hierarchy distribution based upon trading activity and the observability of market inputs. Based on the results of this evaluation, each price is classified into Level 1, 2, or 3. Most prices provided by independent pricing services, including broker quotes, are classified into Level 2 due to their use of market observable inputs.

Policy Loans
Policy loans are funds provided to policyholders in return for a claim on the policies values and function like demand deposits which are redeemable upon repayment, death or surrender, and there is only one market price at which the transaction could be settled – the then current carrying value. The funds provided are limited to the cash surrender value of the underlying policy. The nature of policy loans is to have a negligible default risk as the loans are fully collateralized by the value of the policy. Policy loans do not have a stated maturity and the balances and accrued interest are repaid either by the policyholder or with proceeds from the policy. Due to the collateralized nature of policy loans and unpredictable timing of payments, the Company believes the carrying value of policy loans approximates fair value.

Cash and Cash Equivalents
Cash and cash equivalents primarily include money market instruments and bank deposits. Certain money market instruments are valued using unadjusted quoted prices in active markets and are classified as Level 1.

Reinsurance Recoverable
Reinsurance recoverable includes ceded amounts related to both variable annuity guaranteed benefit reserves and variable annuity general account fund balances. Certain ceded guaranteed benefit reserves are carried at fair value, as discussed below. Fair values of general account fund balances are determined using projected future cash flows discounted at current market rates.

Separate Account Assets and Liabilities
Separate account assets are comprised of investments in mutual funds that transact regularly, but do not trade in active markets as they are not publicly available, and are categorized as Level 2 assets. The value of separate account liabilities are set equal to the values of separate account assets.

Other Contract Holder Funds
Fair values for immediate annuities without mortality features are derived by discounting the future estimated cash flows using current market interest rates for similar maturities. Fair values for deferred annuities are determined using projected future cash flows discounted at current market interest rates.
24

Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Financial Statements
December 31, 2020 and 2019



Securities Lending Payable
The Company’s securities lending payable, which is included in other liabilities, is set equal to the cash collateral received. Due to the short-term nature of the loans, carrying value is a reasonable estimate of fair value and is classified as Level 2.

Variable Annuity Guarantees
Variable annuity contracts issued by the Company offer various guaranteed minimum death, withdrawal, and income benefits. Certain benefits, primarily non-life contingent GMWBs and the reinsurance recoverable on the Company’s GMIBs, are recorded at fair value. Guaranteed benefits that are not subject to fair value accounting are accounted for as insurance benefits. The Company discontinued offering the GMIB in 2009.

Non-life contingent components of GMWBs are recorded at fair value with changes in fair value recorded in death, other policy benefits and change in policy reserves. The fair value of the reserve is based on the expectations of future benefit payments and certain future fees associated with the benefits. At the inception of the contract, the Company attributes to the embedded derivative a portion of rider fees collected from the contract holder, which is then held static in future valuations. Those fees, generally referred to as the attributed fees, are set such that the present value of the attributed fees is equal to the present value of future claims expected to be paid under the guaranteed benefit at the inception of the contract. In subsequent valuations, both the present value of future benefits and the present value of attributed fees are revalued based on current market conditions and policyholder behavior assumptions. The difference between each of the two components represents the fair value of the embedded derivative. The ceded reserves for these products are calculated based on the assuming company’s share of the direct reserve. Thus, when unfavorable equity market movements cause declines in the contract holder’s account value relative to the guarantee benefit, the valuation of future expected claims would generally increase relative to the measurement performed at the inception of the contract, resulting in an increase in the fair value of the embedded derivative liability (and vice versa).

Jackson-NY’s GMIB book is reinsured through an unrelated party, and due to the net settlement provisions of the reinsurance agreement, this contract meets the definition of a derivative. Accordingly, the GMIB reinsurance agreement is recorded at fair value, with changes in fair value recorded in death, other policy benefits and change in policy reserves. Due to the inability to economically reinsure or hedge new issues of the GMIB, the Company discontinued offering the benefit in 2009.

Fair values for direct and ceded GMWB and GMWB for Life embedded derivatives, as well as GMIB reinsurance recoverables, are calculated using internally developed models because active, observable markets do not exist for those guaranteed benefits.

The fair value calculation is based on the present value of future cash flows comprised of future expected benefit payments, less future attributed rider fees, over the lives of the contracts. Estimating these cash flows requires numerous estimates and subjective judgments related to capital market inputs, as well as actuarially determined assumptions related to expectations concerning policyholder behavior. Capital market inputs include expected market rates of return, market volatility, correlations of market index returns to funds, fund performance and discount rates. The more significant actuarial assumptions include benefit utilization by policyholders, lapse, mortality, and withdrawal rates. Best estimate assumptions plus risk margins are used as applicable.

At each valuation date, the fair value calculation reflects expected returns based on the greater of LIBOR swap rates and constant maturity treasury rates as of that date to determine the value of expected future cash flows produced in a stochastic process. Volatility assumptions are based on a weighting of available market data for implied market volatility for durations up to 10 years, grading to a historical volatility level by year 15, where such long-term historical volatility levels contain an explicit risk margin. Additionally, non-performance risk is incorporated into the calculation through the use of discount rates based on a blend of observed market yields on debt for life insurers with similar credit ratings to the Company’s Parent and matrix pricing for expected yields on Jackson Financial debt (either actual debt or issuance or indicative quotes) adjusted to operating company levels. Risk margins are also incorporated into the model assumptions, particularly for policyholder behavior. Estimates of future policyholder behavior are subjective and are based primarily on the Company’s experience and that of its Parent.

As markets change, mature and evolve and actual policyholder behavior emerges, management continually evaluates the appropriateness of its assumptions for this component of the fair value model.
25

Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Financial Statements
December 31, 2020 and 2019



The use of the models and assumptions described above requires a significant amount of judgment. Management believes the aggregation of each of these components results in an amount that the Company would be required to transfer for a liability, or receive for an asset, to or from a willing buyer or seller, if one existed, for those market participants to assume the risks associated with the guaranteed benefits and the related reinsurance. However, the ultimate settlement amount of the asset or liability, which is currently unknown, could likely be significantly different than the fair value.

Assets and Liabilities Measured at Fair Value on a Recurring Basis
The following tables summarize the Company’s assets and liabilities that are carried at fair value by hierarchy levels (in thousands):

December 31, 2020
TotalLevel 1Level 2Level 3
Assets
Debt securities
    U.S. government securities$16,942 $16,942 $— $— 
    Other government securities2,149 — 2,149 — 
    Public utilities113,057 — 113,057 — 
    Corporate securities994,901 — 994,901 — 
    Residential mortgage-backed14,713 — 14,713 — 
    Commercial mortgage-backed151,394 — 151,394 — 
    Other asset-backed securities81,834 — 81,834 — 
Cash and cash equivalents123,034 123,034 — — 
Reinsurance recoverable, net (1)
373,878 — — 373,878 
Separate account assets15,306,544 — 15,306,544 — 
Total$17,178,446 $139,976 $16,664,592 $373,878 
Liabilities
Embedded derivative liability(2)
$397,311 $— $— $397,311 
(1) Represents only the components of reinsurance recoverable that are considered to be financial instruments, which arise from the GMWB and GMIB reinsurance agreements.
(2) Represents the embedded derivative liability related to GMWB reserves included in reserves for future policy benefits and claims payable.
26

Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Financial Statements
December 31, 2020 and 2019


December 31, 2019
TotalLevel 1Level 2Level 3
Assets
Debt securities
U.S. government securities$35,304 $35,304 $— $— 
Other government securities2,213 — 2,213 — 
Public utilities90,579 — 90,579 — 
Corporate securities807,840 — 807,840 — 
Residential mortgage-backed30,373 — 30,373 — 
Commercial mortgage-backed136,414 — 136,414 — 
Other asset-backed securities75,910 — 75,910 — 
Equity securities— — — — 
Cash and cash equivalents146,944 146,944 — — 
Reinsurance recoverable, net (1)
191,397 — — 191,397 
Separate account assets13,489,116 — 13,489,116 — 
Total$15,006,090 $182,248 $14,632,445 $191,397 
Liabilities
Embedded derivative liability(2)
$197,068 $— $— $197,068 
(1) Represents only the components of reinsurance recoverable that are considered to be financial instruments, which arise from the GMWB and GMIB reinsurance agreements.
(2) Represents the embedded derivative liability related to GMWB reserves included in reserves for future policy benefits and claims payable.

Assets and Liabilities Measured at Fair Value Using Significant Unobservable Inputs (Level 3)

Level 3 Assets and Liabilities by Price Source
The table below presents the balances of Level 3 assets and liabilities measured at fair value with their corresponding pricing sources (in thousands):
December 31, 2020
AssetsTotalInternalExternal
Reinsurance recoverable, net (1)
$373,878 $373,878 $— 
Liabilities
Embedded derivative liability(2)
$397,311 $397,311 $— 
December 31, 2019
AssetsTotalInternalExternal
Reinsurance recoverable, net (1)
$191,397 $191,397 $— 
Liabilities
Embedded derivative liability(2)
$197,068 $197,068 $— 
(1) Represents only the components of reinsurance recoverable that are considered to be financial instruments, which arise from the GMWB and GMIB reinsurance agreements.
(2) Includes the embedded derivatives related to GMWB reserves.


27

Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Financial Statements
December 31, 2020 and 2019



Quantitative Information Regarding Internally-Priced Level 3 Assets and Liabilities
The table below presents quantitative information on significant internally-priced Level 3 assets and liabilities (in thousands):

December 31, 2020
Fair ValueValuation Technique(s)Significant
Unobservable Input(s)
Assumption or Input RangeImpact of Increase in Input on Fair Value
Assets
Reinsurance recoverable, net
$373,878 Discounted cash flow
Mortality(1)
0.01% - 23.52%Decrease
Lapse(2)
3.30% - 9.20%Decrease
Utilization(3)
0.00% - 20.00%Increase
Withdrawal(4)
3.75% - 4.50%Increase
Nonperformance risk(5)
Long-term Equity
0.33% - 1.57%Decrease
Volatility(6)
18.50% - 22.47%Increase
Liabilities
Embedded derivative liability$397,311 Discounted cash flow
Mortality(1)
0.04% - 21.53%Decrease
Lapse(2)
0.20% - 30.30%Decrease
Utilization(3)
5.00% - 100.00%Increase
Withdrawal(4)
56.00% - 95.00%Increase
Nonperformance risk(5)
Long-term Equity
0.33% - 1.57%Decrease
Volatility(6)
18.5% - 22.47%Increase
(1) Mortality rates vary by attained age, tax qualification status, GMWB benefit election, and duration. The range displayed reflects ages from the minimum issue age for the benefit through age 95, which corresponds to the typical maturity age. A mortality improvement assumption is also applied.
(2) Base lapse rates vary by contract-level factors, such as product type, surrender charge schedule and optional benefits election. Lapse rates are further adjusted based on the degree to which a guaranteed benefit is in-the-money, with lower lapse applying when contracts are more in-the-money. Lapse rates are also adjusted to reflect lower lapse expectations when GMWB benefits are utilized.
(3) The utilization rate represents the expected percentage of contracts that will utilize the benefit through annuitization (GMIB) or commencement of withdrawals (GMWB). Utilization may vary by benefit type, attained age, duration, tax qualification status, benefit provision, and moneyness.
(4) The withdrawal rate represents the utilization rate of the contract’s free partial withdrawal provision (GMIB) or the percentage of annual withdrawal assumed relative to the maximum allowable withdrawal amount (GMWB). Withdrawal rates on contracts with a GMIB vary based on the product type and duration. Withdrawal rates on contracts with a GMWB vary based on attained age, tax qualification status, GMWB type and GMWB benefit provisions.
(5) Nonperformance risk spread varies by duration.
(6) Long-term equity volatility represents the equity volatility beyond the period for which observable equity volatilities are available.
28

Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Financial Statements
December 31, 2020 and 2019


December 31, 2019
Fair ValueValuation Technique(s)Significant
Unobservable Input(s)
Assumption or Input RangeImpact of Increase in Input on Fair Value
Assets
Reinsurance recoverable, net
$191,397 Discounted cash flow
Mortality(1)
0.01% - 19.69%Decrease
Lapse(2)
3.30% - 9.30%Decrease
Utilization(3)
0.00% - 20.00%Increase
Withdrawal(4)
3.75% - 4.50%Increase
Nonperformance risk(5)
Long-term Equity
0.00% - 1.18%Decrease
Volatility(6)
18.50% - 21.42%Increase
Liabilities
Embedded derivative liability$197,068 Discounted cash flow
Mortality(1)
0.04% - 18.64%Decrease
Lapse(2)
0.10% - 29.30%Decrease
Utilization(3)
5.00% - 100.00%Increase
Withdrawal(4)
56.00% - 94.00%Increase
Nonperformance risk(5)
Long-term Equity
0.00% - 1.18%Decrease
Volatility(6)
18.50% - 22.47%Increase
(1) Mortality rates vary by attained age, tax qualification status, GMWB benefit election, and duration. The range displayed reflects ages from the minimum issue age for the benefit through age 95, which corresponds to the typical maturity age. A mortality improvement assumption is also applied.
(2) Base lapse rates vary by contract-level factors, such as product type, surrender charge schedule and optional benefits election. Lapse rates are further adjusted based on the degree to which a guaranteed benefit is in-the-money, with lower lapse applying when contracts are more in-the-money. Lapse rates are also adjusted to reflect lower lapse expectations when GMWB benefits are utilized.
(3) The utilization rate represents the expected percentage of contracts that will utilize the benefit through annuitization (GMIB) or commencement of withdrawals (GMWB). Utilization may vary by benefit type, attained age, duration, tax qualification status, benefit provision, and moneyness.
(4) The withdrawal rate represents the utilization rate of the contract’s free partial withdrawal provision (GMIB) or the percentage of annual withdrawal assumed relative to the maximum allowable withdrawal amount (GMWB). Withdrawal rates on contracts with a GMIB vary based on the product type and duration. Withdrawal rates on contracts with a GMWB vary based on attained age, tax qualification status, GMWB type and GMWB benefit provisions.
(5) Nonperformance risk spread varies by duration.
(6) Long-term equity volatility represents the equity volatility beyond the period for which observable equity volatilities are available.

Sensitivity to Changes in Unobservable Inputs
The following is a general description of sensitivities of significant unobservable inputs and their impact on the fair value measurement for the assets and liabilities reflected in the table above.


The GMIB reinsurance recoverable fair value calculation is based on the present value of future cash flows comprised of future expected reinsurance benefit receipts, less future attributed premium payments to reinsurers, over the lives of the contracts. Estimating these cash flows requires actuarially determined assumptions related to expectations concerning policyholder behavior and long-term market volatility. The more significant policyholder behavior actuarial assumptions include benefit utilization, fund allocation, lapse, and mortality.

Embedded derivative liabilities classified in Level 3 represent the fair value of GMWB liabilities. These fair value calculations are based on the present value of future cash flows comprised of future expected benefit payments, less future attributed rider fees, over the lives of the contracts. Estimating these cash flows requires actuarially determined assumptions related to expectations concerning policyholder behavior and long-term market volatility. The more significant policyholder behavior actuarial assumptions include benefit utilization, fund allocation, lapse, and mortality.
29

Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Financial Statements
December 31, 2020 and 2019



GMWB reinsurance recoverable fair value calculations are based on the assuming Company’s share of the direct reserve, which is described above. The more significant actuarial assumptions include benefit utilization, fund allocation, lapse, mortality, and long-term market volatility.

The tables below provide rollforwards for 2020 and 2019 of the financial instruments for which significant unobservable inputs (Level 3) are used in the fair value measurement (in thousands). Gains and losses in the table below include changes in fair value due partly to observable and unobservable factors.
Total Realized/Unrealized Gains (Losses) Included in
Purchases,
Fair ValueSales,TransfersFair Value
as ofOtherIssuances in and/oras of
January 1,NetComprehensiveandout ofDecember 31,
2020Income IncomeSettlementsLevel 32019
Assets
Reinsurance recoverable, net (1)
$191,397 $182,481 $— $— $— $373,878 
Liabilities
Embedded derivative liability$(197,068)$(200,243)$— $— $— $(397,311)
Total Realized/Unrealized Gains (Losses) Included in
Purchases,
Fair ValueSales,TransfersFair Value
as ofOtherIssuancesin and/oras of
January 1,NetComprehensiveandout ofDecember 31,
(in thousands)2019IncomeIncomeSettlementsLevel 32019
Assets
Reinsurance recoverable, net (1)
$183,771 $7,626 $— $— $— $191,397 
Liabilities
Embedded derivative liability$(189,585)$(7,483)$— $— $— $(197,068)
(1)Represents only the components of reinsurance recoverable that are considered to be financial instruments, which arise from the GMWB and GMIB reinsurance agreements.

There were no transfers between Level 2 and Level 3 in 2020 or 2019. In addition, there were no transfers between Level 1 and 2 of the fair value hierarchy in 2020 or 2019.

The portion of gains (losses) included in net income or other comprehensive income attributable to the change in unrealized gains and losses on Level 3 financial instruments still held at December 31, 2020 and 2019, was as follows (in thousands):

20202019
Assets
Reinsurance recoverable, net (1)
$182,481 $7,626 
Liabilities
Embedded derivative liability$(200,243)$(7,483)
(1)Represents only the components of reinsurance recoverable that are considered to be financial instruments, which arise from the GMWB and GMIB reinsurance agreements.


30

Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Financial Statements
December 31, 2020 and 2019



Fair Value of Financial Instruments Carried at Other Than Fair Value
The table below presents the carrying amount and fair value by fair value hierarchy level of certain financial instruments that are not reported at fair value (in thousands):

December 31, 2020December 31, 2019
Fair Value Hierarchy LevelCarrying ValueFair
Value
Carrying ValueFair
Value
Assets
Policy loansLevel 3$399 $399 $382 $382 
Reinsurance recoverable, net (1)
Level 31,297,877 2,030,320 1,070,843 1,842,913 
Liabilities
Annuity reserves (2)
Level 3$1,851,142 $2,678,971 $1,615,644 $2,471,090 
Securities lending payableLevel 2255 255 
Separate account liabilities (3)
Level 215,306,544 15,306,544 13,489,116 13,489,116 
(1)
Represents only the components of reinsurance recoverable that are considered to be financial instruments, which arise from the variable annuity general account reinsurance agreement.
(2)
Annuity reserves represent only the components of other contract holder funds that are considered to be financial instruments.
(3)
The values of separate account liabilities are set equal to the values of separate account assets.

5.    Deferred Acquisition Costs and Deferred Sales Inducements

The balances of and changes in deferred acquisition costs, as of and for the years ended December 31, were as follows (in thousands):
202020192018
Balance, beginning of year$48,322 $71,338 $54,835 
Deferrals of acquisition costs6,149 5,964 6,433 
Amortization related to:
Operations2,057 (6,315)(4,272)
Net realized (gains) losses(65)(135)
Total amortization1,992 (6,450)(4,271)
Unrealized investment (gains) losses(17,264)(22,530)14,341 
Balance, end of year$39,199 $48,322 $71,338 


31

Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Financial Statements
December 31, 2020 and 2019



The balances of and changes in deferred sales inducements, as of and for the years ended December 31, were as follows (in thousands):
202020192018
Balance, beginning of year$1,569 $2,646 $2,258 
Deferrals of sales inducements27 37 50 
Amortization related to:
Operations(204)(265)(235)
Net realized losses13 — 
Total amortization(198)(252)(235)
Unrealized investment (gains) losses(569)(862)573 
Balance, end of year$829 $1,569 $2,646 

6.    Reinsurance

The Company cedes reinsurance to unaffiliated insurance companies in order to limit losses from large exposures; however, if the reinsurer is unable to meet its obligations, the originating issuer of the coverage retains the liability. The Company reinsures certain of its risks to other reinsurers under a yearly renewable term or coinsurance basis. The Company regularly monitors the financial strength rating of reinsurers.

As discussed in Note 2, Jackson-NY also cedes 90% of the risk associated with variable annuities to its Parent on a coinsurance/modified coinsurance basis.

Gross fees in 2020 and 2019 totaled $328.3 million and $313.7 million, with $295.2 million and $281.5 million ceded under the coinsurance agreement, respectively.

The effect of reinsurance on premiums was as follows (in thousands):
Years Ended December 31,
202020192018
Direct premiums$260 $396 $316 
Ceded premiums(191)(427)(316)
Total premiums$69 $(31)$— 

The effect of reinsurance on benefits was as follows (in thousands):
Years Ended December 31,
202020192018
Direct benefits$9,574 $5,111 $3,008 
Ceded benefits(6,575)(3,345)(3,011)
Deferral of contract enhancements— — (6)
Change in reserves, net of reinsurance20,524 312 10,614 
Total benefits$23,523 $2,078 $10,605 


32

Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Financial Statements
December 31, 2020 and 2019



Components of the reinsurance recoverable were as follows (in thousands):
December 31,
20202019
Reinsurance recoverable:
Ceded reserves$1,745,349 $1,328,031 
Ceded claims liability67,106 35,042 
Ceded claims paid35,399 28,272 
Ceded benefit payments/transfers230,266 205,792 
Total$2,078,120 $1,597,137 

Reinsurance recoverable from the Parent totaled $2,075.3 million and $1,594.3 million at December 31, 2020 and 2019, respectively.

The following table sets forth the Company’s net life insurance in-force (in thousands):
December 31,
20202019
Direct life insurance in-force$125,833 $172,543 
Amounts ceded to other companies(75,761)(109,470)
Net life insurance in-force$50,072 $63,073 

7.    Reserves for Future Policy Benefits and Claims Payable and Deposits on Investment Contracts

The following table sets forth the Company’s reserves for future policy benefits and claims payable balances (in thousands):
December 31,
20202019
Traditional life$1,577 $1,810 
Guaranteed benefits471,884 263,771 
Claims payable and Other85,752 48,886 
     Total$559,213 $314,467 

For traditional life insurance contracts, which include term and whole life, reserves are determined using the net level premium method and assumptions as of the issue date or acquisition date as to mortality, interest rates, lapse and expenses, plus provisions for adverse deviation. These assumptions are not unlocked unless the reserve is determined to be deficient.

The Company’s liability for future policy benefits also includes liabilities for guaranteed benefits related to certain nontraditional long-duration life and annuity contracts, which are further discussed in Note 8.

The following table sets forth the Company’s liabilities for other contract holder fund balances (in thousands):
December 31,
20202019
Interest-sensitive life$4,816 $4,504 
Variable annuity fixed option1,464,227 1,208,714 
Fixed annuity433,995 452,187 
     Total$1,903,038 $1,665,405 


For interest-sensitive life contracts, liabilities approximate the policyholder’s account value, plus the remaining balance of the fair value adjustment related to previously acquired business, which is further discussed below. For fixed annuities, and
33

Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Financial Statements
December 31, 2020 and 2019



variable annuity fixed option, as detailed in the above table, the liability is the policyholder’s account value, plus the unamortized balance of the fair value adjustment related to previously acquired business. At December 31, 2020, the Company had interest sensitive life business with minimum guaranteed interest rates ranging from 3.0% to 4.0%, with a 3.95% average guaranteed rate and fixed interest rate annuities with minimum guaranteed rates ranging from 1.0% to 3.0% and a 1.83% average guaranteed rate.

At December 31, 2020 and 2019, approximately 92% and 91%, respectively, of the Company’s interest sensitive life business account values correspond to crediting rates that are at the minimum guaranteed interest rates.

At December 31, 2020 and 2019, approximately 93% and 92%, respectively, of the Company’s fixed interest rate annuity account values correspond to crediting rates that are at the minimum guaranteed interest rates. The following tables show the distribution of the fixed interest rate annuities’ account values within the presented ranges of minimum guaranteed interest rates (in millions):

December 31, 2020
Minimum Guaranteed Interest RateAccount Value
FixedVariableTotal
1%$41.4 $882.8 $924.2 
>1.0% - 2.0%56.4 218.9 275.3 
>2.0% - 3.0%297.9 328.5 626.4 
Total$395.7 $1,430.2 $1,825.9 
December 31, 2019
Minimum Guaranteed Interest RateAccount Value
FixedVariableTotal
1%$39.9 $— $39.9 
>1.0% - 2.0%49.2 846.6 895.8 
>2.0% - 3.0%322.5 333.7 656.2 
Total$411.6 $1,180.3 $1,591.9 

8.    Certain Nontraditional Long-Duration Contracts and Variable Annuity Guarantees

The Company issues variable contracts through its separate accounts for which investment income and investment gains and losses accrue directly to, and investment risk is borne by, the contract holder (“traditional variable annuities”). The Company also issues variable annuity and life contracts through separate accounts where the Company contractually guarantees to the contract holder (“variable contracts with guarantees”) either a) return of no less than total deposits made to the account adjusted for any partial withdrawals, b) total deposits made to the account adjusted for any partial withdrawals plus a minimum return, or c) the highest account value on a specified anniversary date adjusted for any withdrawals following the contract anniversary. These guarantees include benefits that are payable in the event of death (GMDB), at annuitization (GMIB) or upon the depletion of funds (GMWB).

The assets supporting the variable portion of both traditional variable annuities and variable contracts with guarantees are carried at fair value and reported as summary total separate account assets with an equivalent summary total reported for separate account liabilities. Liabilities for guaranteed benefits are general account obligations and are reported in reserves for future policy benefits and claims payable. Amounts assessed against the contract holders for mortality, administrative, and other services are reported in revenue as fee income. Changes in liabilities for minimum guarantees are reported within death, other policy benefits and change in policy reserves in the income statement. Separate account net investment income, net investment gains and losses, and the related liability changes are offset within the same line item in the income statements.






34

Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Financial Statements
December 31, 2020 and 2019



At December 31, 2020 and 2019, the Company provided variable annuity contracts with guarantees, for which the net amount at risk (“NAR”) is defined as the amount of guaranteed benefit in excess of current account value, as follows (dollars in millions):
Average
Period
NetWeighteduntil
December 31, 2020MinimumAccountAmountAverageExpected
ReturnValueat RiskAttained AgeAnnuitization
Return of net deposits plus a minimum return
GMDB0%$10,839.0 $82.5 66.1 years
GMWB - Premium only0%223.3 0.9 
GMWB 0-5%*18.4 0.2 
Highest specified anniversary account value minus
     withdrawals post-anniversary
GMDB2,271.6 16.9 67.4 years
GMWB - Highest anniversary only231.0 2.1 
GMWB 31.1 2.6 
Combination net deposits plus minimum return, highest
     specified anniversary account value minus
     withdrawals post-anniversary
GMIB0-6%82.2 25.5 0.5 years
GMWB0-8%*11,039.0 366.0 
Average
Period
Net Weighteduntil
December 31, 2019MinimumAccountAmountAverageExpected
ReturnValueat RiskAttained AgeAnnuitization
Return of net deposits plus a minimum return
GMDB0%$9,491.7 $79.1 65.8 years
GMWB - Premium only0%216.5 1.2 
GMWB 0-5%*19.0 0.3 
Highest specified anniversary account value minus
     withdrawals post-anniversary
GMDB2,076.4 17.9 66.9 years
GMWB - Highest anniversary only216.8 2.3 
GMWB 33.3 2.5 
Combination net deposits plus minimum return, highest
     specified anniversary account value minus
     withdrawals post-anniversary
GMIB0-6%79.9 27.1 0.5 years
GMWB 0-8%*9,670.3 459.0 
* Ranges shown based on simple interest. The upper limits of 5% or 8% simple interest are approximately equal to 4.1% and 6%, respectively, on a compound interest basis over a typical 10-year bonus period. The combination GMWB category also includes benefits with a defined increase in the withdrawal percentage under pre-defined non-market conditions.

Amounts shown as GMWB above include a ‘not-for-life’ component up to the point at which the guaranteed withdrawal benefit is exhausted, after which benefits paid are considered to be ‘for-life’ benefits. The liability related to this ‘not-for-life’ portion is valued as an embedded derivative, while the ‘for-life’ benefits are valued as an insurance liability (see below). For this table, the net amount at risk of the ‘not-for-life’ component is the undiscounted excess of the guaranteed withdrawal benefit over the account value, and that of the ‘for-life’ component is the estimated value of additional life contingent benefits paid after the guaranteed withdrawal benefit is exhausted.


35

Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Financial Statements
December 31, 2020 and 2019



Account balances of contracts with guarantees were invested in variable separate accounts as follows (in millions):
December 31,
Fund type:20202019
Equity$9,382.1 $8,405.3 
Bond1,303.9 1,274.2 
Balanced2,398.2 1,882.0 
Money market74.0 47.1 
Total$13,158.2 $11,608.6 

GMDB liabilities reflected in the general account were as follows (in millions):
20192018
Balance at January 1$53.4 $56.2 
Incurred guaranteed benefits9.5 (0.9)
Paid guaranteed benefits(4.3)(1.9)
Balance at December 31$58.6 $53.4 

The GMDB liability is determined by estimating the expected value of death benefits in excess of the projected account balance and recognizing the excess ratably over the accumulation period based on total expected assessments. The Company regularly evaluates estimates used and adjusts the liability balance through the income statement within death, other policy benefits and change in policy reserves, if actual experience or other evidence suggests that earlier assumptions should be revised.

The following assumptions and methodology were used to determine the GMDB liability at both December 31, 2020 and 2019 (except where otherwise noted):
1) Use of a series of stochastic investment performance scenarios, based on historical average market volatility.
2) Mean investment performance assumption of 7.15% (2020) and 7.4% (2019) after investment management fees, but before investment advisory fees and mortality and expense charges.
3) Mortality equal to 38% to 100% of the IAM 2012 base table improved using Scale G through 2019 (2019: 24% to 100% of the Annuity 2000 table).
4) Lapse rates varying by contract type, duration and degree the benefit is in-the-money and ranging from 0.3% to 27.9% (before application of dynamic adjustments.)
5) Discount rates: 7.15% on 2020 and later issues, 7.4% on 2013 through 2019 issues, 8.4% on 2012 and prior issues.

Most GMWB reserves are considered to be derivatives under current accounting guidance and are recognized at fair value, as previously defined, with the change in fair value reported in death, other policy benefits and change in policy reserves. The fair value of these liabilities is determined using stochastic modeling and inputs as further described in Note 4. The fair valued GMWB had a reserve liability of $397.3 million and $197.1 million at December 31, 2020 and 2019, respectively, and was reported in reserves for future policy benefits and claims payable.

Jackson-NY has also issued certain GMWB products that guarantee payments over a lifetime. Reserves for the portion of these benefits after the point where the guaranteed withdrawal balance is exhausted are calculated using assumptions and methodology similar to the GMDB liability. At December 31, 2020 and 2019, these GMWB reserves totaled $10.9 million and $9.1 million, respectively, and were reported in reserves for future policy benefits and claims payable.

The direct GMIB liability is determined at each period end by estimating the expected value of the annuitization benefits in excess of the projected account balance at the date of annuitization and recognizing the excess ratably over the accumulation period based on total expected assessments. The assumptions used for calculating the direct GMIB liability are consistent with those used for calculating the GMDB liability. At December 31, 2020 and 2019, GMIB reserves totaled $3.6 million and $3.5 million, respectively.
36

Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Financial Statements
December 31, 2020 and 2019




9.    Income Taxes

On March 27, 2020, H.R. 748, the Coronavirus Aid, Relief, and Economic Security Act, “the CARES ACT”, was signed into legislation which includes tax provisions relevant to business that during 2020 will impact taxes related to 2018 and 2019. Some of the significant changes are reducing the interest expense disallowance for 2019 and 2020, allowing the five year carryback of net operating losses for 2018-2020, suspension of the 80% limitation of taxable income for net operating loss carryforwards for 2018-2020, and the acceleration of depreciation expense from 2018 and forward on qualified improvement property. In 2020, the Company did not recognize a tax benefit as a result of the CARES ACT. In addition, the Taxpayer Certainty & Disaster Tax Relief Act was enacted on December 27, 2020. There was no impact to taxes from this legislation.

The components of the provision for federal income taxes were as follows (in thousands):


Years Ended December 31,
202020192018
Current tax (benefit) expense$(15,612)$1,148 $1,271 
Deferred tax expense (benefit)11,058 (1,382)2,999 
Income tax (benefit) expense$(4,554)$(234)$4,270 

The federal income tax provisions differ from the amounts determined by multiplying pre-tax income by the statutory federal income tax rate of 21% were as follows (in thousands):

Years Ended December 31,
202020192018
Income taxes at statutory rate$10,685 $14,098 $11,072 
State income taxes(497)— — 
Dividends received deduction(11,718)(11,789)(8,578)
U.S. federal tax reform impact (1)
— — 524 
Provision for uncertain tax benefit— — 3,288 
Foreign tax credits(4,037)(2,559)(2,051)
Prior year deferred tax expense1,005 — — 
Other16 15 
Income tax (benefit) expense$(4,554)$(234)$4,270 
Effective tax rate-9.0 %-0.3 %8.1 %
(1) For the year ended December 31, 2018, the expense is the result of change in tax rates under the Tax Cuts and Jobs Act.

For 2019 and 2018, the rate reconciling items for foreign tax credits and other items included a reclassification to conform with current year presentation.

Federal income taxes received from Jackson in 2020, 2019, and 2018 were $5.3 million, $3.9 million and $4.6 million, respectively.






37

Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Financial Statements
December 31, 2020 and 2019


The tax effects of significant temporary differences that gave rise to deferred tax assets and liabilities were as follows (in thousands):
December 31,
20202019
Gross deferred tax asset
Difference between financial reporting and the tax basis of:
Policy reserves and other insurance items$8,949 $11,024 
Deferred gain on reinsurance31,103 35,711 
Other1,879 5,213 
Total gross deferred tax asset41,931 51,948 
Gross deferred tax liability
Difference between financial reporting and the tax basis of:
Deferred acquisition costs and sales inducements(6,762)(4,919)
Net unrealized gains on available for sale securities(15,482)(6,852)
Other investment items(2,116)(2,878)
Other(8)(46)
Total gross deferred tax liability(24,368)(14,695)
Net deferred tax asset$17,563 $37,253 

The Company is required to evaluate the recoverability of its deferred tax assets and establish a valuation allowance, if necessary, to reduce its deferred tax asset to an amount that is more likely than not to be realizable. Considerable judgment and the use of estimates are required when determining whether a valuation allowance is necessary and, if so, the amount of such valuation allowance. When evaluating the need for a valuation allowance, the Company considers many factors, including: the nature and character of the deferred tax assets and liabilities; taxable income in prior carryback years; future reversals of temporary differences; the length of time carryovers can be utilized; and any tax planning strategies the Company would employ to avoid a tax benefit from expiring unused.

The Company evaluated each component of the deferred tax asset and assessed the effects of limitations and/or interpretations on the value of such components to be fully recognized in the future. The Company also evaluated the likelihood of sufficient taxable income in the future to offset the available deferred tax assets based on evidence considered to be objective and verifiable. Based on the analysis at December 31, 2020, the Company concluded that it is more likely than not, that the $17.6 million of net deferred tax assets will be realized because the Company would be reimbursed for the utilization of any net operating losses or credits on a consolidated basis under the terms of the tax sharing agreement.

The Company has considered both permanent and temporary positions in determining the unrecognized tax benefit rollforward. As of December 31, 2020 and 2019, the Company held reserves related to exclusion of short-term capital gains from the separate account dividends received deduction (“DRD”) calculation and a change in the calculation of its tax basis reserves. The following table summarizes the changes in the Company’s unrecognized tax benefits (in thousands):
December 31,
20202019
Unrecognized tax benefit, beginning of year$4,222 $4,222 
Additions for tax positions identified— — 
Decrease for DRD short-term gain position(1,907)— 
Unrecognized tax benefit, end of year$2,315 $4,222 

The table above has been restated from prior year to remove accrued interest.
38

Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Financial Statements
December 31, 2020 and 2019



The Company recognizes interest and penalties accrued, if any, related to unrecognized tax benefits as a component of income tax (benefit) expense. The Company did not recognize any interest and penalty expense in 2020 or 2019. In 2018, the Company recognized interest and penalty expense of $0.5 million. For both 2020 and 2019, the Company had accrued interest of $1.3 million. The Company did not record any amounts for penalties related to unrecognized tax benefits during 2020, 2019, or 2018.

Based on information available as of December 31, 2020, the Company believes that, in the next 12 months, there are no positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly increase or decrease.

The Company is generally no longer subject to U.S. federal, state, and local income tax examinations by tax authorities for years prior to 2012. The Brooke Life federal consolidated tax return is currently under examination by the Internal Revenue Service for the 2017 tax year. The Company does not anticipate any material changes from this audit.

10.    Statutory Accounting Capital and Surplus

The Company is required to prepare statutory financial statements in accordance with statutory accounting practices prescribed or permitted by the insurance department of the state of domicile. Statutory accounting practices primarily differ from GAAP by charging policy acquisition costs to expense as incurred and establishing future policy benefit liabilities using different actuarial assumptions, as well as valuing investments and certain assets and accounting for deferred income taxes on a different basis.

The declaration of dividends that can be paid by the Company is regulated by New York Insurance Law. The Company must file a notice of its intention to declare a dividend and the amount thereof with the Superintendent at least thirty days in advance of any proposed dividend declaration. Dividends are only payable out of earned surplus. The maximum amount of dividends that can be paid in 2021 without prior approval is approximately $60.6 million.

Statutory capital and surplus of the Company, as reported in its Annual Statement, was $607.8 million and $612.7 million at December 31, 2020 and 2019, respectively. Statutory net income of the Company, as reported in its Annual Statement, was $19.9 million, $27.1 million, and $31.5 million in 2020, 2019, and 2018, respectively.

A Continuous CARVM reserve basis is prescribed for New York domiciled companies. In the National Association of Insurance Commissioners’ Accounting Practices and Procedures Manual (“NAIC SAP”), the application of Curtate CARVM reserve valuation is required. The Company’s reserves are not valued under Curtate CARVM according to NAIC SAP, but rather, are valued under Continuous CARVM according to New York Insurance Law. This impacted fixed annuity reserves in both years presented in the annual financial statements and variable annuities in 2019 only. If the application of Curate CARVM reserve valuation were used, , statutory capital and surplus would have increased by $0.4 million and $7.7 million at December 31, 2020 and 2019, respectively, and statutory net income would have (decreased) increased by $(44) thousand, $(1.6) million, and $6.6 million, in 2020, 2019 and 2018, respectively.

Valuation Manual-22: Maximum Valuation Interest Rates for Income Annuities (“VM-22”) was effective for NAIC SAP for 2018. New York state law did not reference the Valuation Manual for purposes of defining minimum reserve standards in calendar year 2018, did not require VM-22 for 2019, and adopted an adaptation of VM-22 beginning in 2020. Thus, reserves for payout business are not valued according to VM-22, but rather, are valued per New York regulations. If reserves were established according to NAIC SAP, statutory capital and surplus would have decreased by $0.7 million and $0.9 million as of December 31, 2020 and 2019, respectively. Additionally, net income would have increased by $0.2 million and decreased by $1.4 million, in 2020 and 2019, respectively.

Valuation Manual-21: Requirements for Principle-Based Reserves for Variable Annuities (“VM-21”) was amended and effective for NAIC SAP for 2020. New York state law incorporated VM-21 but also included an additional floor calculation for purposes of defining minimum reserve standards. The Company’s reserves were not valued solely under VM-21 according to NAIC SAP, but rather, were valued with the additional floor calculation according to New York Insurance Law. If reserves were established according to NAIC SAP, statutory capital and surplus would have increased $24.8 million as of December 31, 2020. Additionally, 2020 net income would have increased $7.0 million.


39

Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Financial Statements
December 31, 2020 and 2019



The Company’s asset adequacy testing uses the cash flow testing methodology and the gross premium valuation methodology. Under New York’s prescribed assumptions, the cash flow testing methodology develops negative surplus in certain years and the gross premium valuation testing results in a deficiency of present value of benefits relative to reserves for certain products. New York Department of Financial Services (“NYDDS”) required the Company to establish additional reserves of $59.0 million and $39.0 million at December 31, 2020 and 2019, respectively. If reserves were established according to NAIC SAP, statutory capital and surplus would have increased by $46.6 and $30.8 million at December 31, 2020 and 2019, respectively.

Effective December 31, 2020, the Company received approval from the New York State Department of Financial Services regarding the use of a permitted practice which allows early adoption of an exemption for ordinary life insurance certificates issued during 2020 that would be subject to VM-20 of the NAIC Valuation Manual. The exemption for companies meeting the conditions of APF 2020-09 will be part of the 2022 Valuation Manual. The permitted practice does not result in differences in net income or capital and surplus between NAIC SAP and practices prescribed or permitted by the state of New York, as reserves are established utilizing the same methodology as prior years. However, the additional PBR requirements are eliminated.

The NAIC has developed certain risk-based capital (“RBC”) requirements for life insurance companies. Under those requirements, compliance is determined by a ratio of a company’s total adjusted capital (“TAC”), calculated in a manner prescribed by the NAIC to its authorized control level RBC, calculated in a manner prescribed by the NAIC. Companies below specific trigger points or ratios are classified within certain levels, each of which requires specified corrective action. The minimum level of TAC before corrective action commences is twice the authorized control level RBC (“Company action level RBC”). At December 31, 2020, the Company’s TAC was more than 1400% of the Company action level RBC.

11.    Other Related Party Transactions

The Company's investment portfolio is managed by PPM America, Inc. (“PPMA”), a registered investment advisor. PPMA is ultimately a wholly owned subsidiary of Prudential. The Company paid $1.5 million, $1.4 million, and $1.0 million to PPMA for investment advisory services during 2020, 2019, and 2018, respectively.

The Company has an administrative services agreement with Jackson, under which Jackson provides certain administrative services. Administrative fees were $38.7 million, $27.9 million, and $31.6 million in 2020, 2019, and 2018, respectively.

The Company has an administrative services agreement with Jackson National Life Distributors, LLC (“JNLD”), a subsidiary of Jackson, under which JNLD provides certain marketing services. Administrative fees were $1.8 million, $2.3 million, and $2.6 million in 2020, 2019, and 2018, respectively.


12.    Benefit Plans

The Company participates in a defined contribution retirement plan covering substantially all employees, sponsored by its Parent. Effective January 1, 2020 employees are immediately eligible to participate in the Company’s matching contribution. To be eligible to participate in the Company’s profit sharing contribution, an employee must have attained the age of 21, completed at least 1,000 hours of service in a 12-month period and passed their 12-month employment anniversary. In addition, the employee must be employed on the applicable January 1 or July 1 entry date. The Company’s annual profit sharing contributions are based on a percentage of eligible compensation paid to participating employees during the year. In addition, the Company matches a participant’s elective contribution, up to 6 percent of eligible compensation, to the plan during the year. The Company’s expenses related to this plan were $0.3 million in 2020, 2019, and 2018, respectively.

The Company maintains non-qualified voluntary deferred compensation plans for certain employees, sponsored by its Parent. Additionally, the Company sponsors a non-qualified voluntary deferred compensation plan for certain agents, with the assets retained by Jackson under an administrative services agreement. At December 31, 2020 and 2019, Jackson’s liability for the Company’s portion of such plans totaled $6.9 million and $6.4 million, respectively. There were no expenses related to these plans in 2020, 2019, or 2018.
40

Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Financial Statements
December 31, 2020 and 2019



13.    Reclassifications Out of Accumulated Other Comprehensive Income

The following table represents changes in the balance of AOCI, net of income tax, related to unrealized investment gains (losses) (in thousands):
December 31,
202020192018
Balance, beginning of year$33,346 $(2,336)$17,614 
OCI before reclassifications33,115 34,611 (20,200)
Amounts reclassified from AOCI(1,816)1,071 (1,240)
Cumulative effects of changes in accounting principles— — 1,490 
Balance, end of year$64,645 $33,346 $(2,336)

The following table represents amounts reclassified out of AOCI (in thousands):
AOCI ComponentsAmounts
Reclassified from AOCI
Affected Line Item in the
Income Statement
December 31,
202020192018
Net unrealized investment loss:
Net realized loss on investments$(2,363)$1,385 $(1,579)Net realized gains (losses) on investments
Other impaired securities 64 (29)10 Net realized gains (losses) on investments
Net unrealized loss, before income taxes(2,299)1,356 (1,569)
Income tax benefit483 (285)329 
Reclassifications, net of income taxes$(1,816)$1,071 $(1,240)



41


Dates Referenced Herein   and   Documents Incorporated by Reference

Referenced-On Page
This ‘N-VPFS’ Filing    Date First  Last      Other Filings
12/31/22183
12/15/22183
Filed on / Effective on:4/16/21
4/12/21183
3/29/21183
2/10/21183
1/28/21183
1/1/21183
For Period end:12/31/20118324F-2NT,  N-CEN
12/27/20183
4/27/203183485BPOS,  497,  EFFECT
4/24/2040183485BPOS
4/21/20172176485BPOS
3/27/20183
3/12/20183
1/1/2040183
12/31/198918324F-2NT,  N-CEN
6/24/1996183485BPOS,  497,  EFFECT
6/23/19121
1/1/19121
12/31/1818324F-2NT,  24F-2NT/A,  N-CEN
8/13/18135174485BPOS
4/30/18133176485BPOS,  EFFECT
12/31/1718324F-2NT,  24F-2NT/A,  NSAR-U
9/25/17142174485BPOS,  497
4/24/17143159485BPOS
9/19/16136485BPOS
4/25/16144167485BPOS
11/27/98177
9/12/97177
 List all Filings 


15 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 7/30/21  Jnlny Separate Account I          N-4/A                  4:2.4M
 7/30/21  Jnlny Separate Account I          N-4/A                  4:2.5M
 5/14/21  Jnlny Separate Account I          N-4/A5/14/21    7:6.8M
 4/23/21  Jnlny Separate Account I          485BPOS     4/26/21    3:21M
 4/23/21  Jnlny Separate Account I          485BPOS     4/26/21    3:34M
 4/22/21  Jnlny Separate Account I          485BPOS     4/26/21    3:27M
 4/21/21  Jnlny Separate Account I          485BPOS     4/26/21    3:68M
 4/21/21  Jnlny Separate Account I          485BPOS     4/26/21    3:23M
 4/21/21  Jnlny Separate Account I          485BPOS     4/26/21    3:5.1M
 4/21/21  Jnlny Separate Account I          485BPOS     4/26/21    3:6.8M
 4/20/21  Jnlny Separate Account I          485BPOS     4/26/21    5:7.5M
 4/20/21  Jnlny Separate Account I          485BPOS     4/26/21    5:7.4M
 4/20/21  Jnlny Separate Account I          485BPOS     4/26/21    5:5.9M
 4/20/21  Jnlny Separate Account I          485BPOS     4/26/21    6:6M
 4/20/21  Jnlny Separate Account I          485BPOS     4/26/21   22:31M
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Filing Submission 0001045032-21-000076   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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