Morningstar

JNL/BlackRock Global Natural Resources Fund Class I

Morningstar Medalist Rating
Medalist Rating as of | See Jackson Investment Hub
  • NAV / 1-Day Return 19.82  /  +0.66 %
  • Total Assets 732.2M
  • Adj. Expense Ratio
    0.700%
  • Expense Ratio 0.700%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Natural Resources
  • Investment Style Large Value
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 0.00
  • Turnover 94%

USD | NAV as of Oct 02, 2026 | 1-Day Return as of Oct 02, 2026, 11:56 PM GMT+0

Morningstar’s Analysis

Will JNL/BlackRock Global Natural Resources I outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable JNL/BlackRock Global Natural Resources I’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the JNL/BlackRock Global Natural Resources I management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of JNL/BlackRock Global Natural Resources I’s parent organization’s priorities and whether they’re in line with investors’ interests.

Senior Analyst Ramanand Kothari

Ramanand Kothari

Senior Analyst

Summary

A compelling offering for broad exposure to natural resources. BlackRock’s Natural Resources strategy, which includes a US fund, an SICAV, and a UK trust, is managed by a strong and well-resourced investment team that applies a disciplined process in a highly volatile universe. We retain the strategy’s People and Process Pillar ratings at Above Average and Average, respectively.

by Ramanand Kothari
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings

More Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 50.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Shell PLC

7.79 55M
Energy

ExxonMobil Holdings Corp

7.44 52M
Energy

Wheaton Precious Metals Corp

5.38 38M
Basic Materials

Chevron Corp

5.31 37M
Energy

Nutrien Ltd

4.52 32M
Basic Materials

Glencore PLC

4.49 32M
Basic Materials

Anglo American PLC

4.42 31M
Basic Materials

Corteva Inc

4.12 29M
Basic Materials

Suncor Energy Inc

3.48 25M
Energy

Packaging Corp of America

3.36 24M
Consumer Cyclical

Sponsor Center