JNLNY Separate Account I

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Financial Statements

December 31, 2023



                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL Aggressive Growth Allocation Fund - Class A

 

JNL Aggressive Growth Allocation Fund - Class I

 

JNL Bond Index Fund - Class I

 

JNL Conservative Allocation Fund - Class A

 

JNL Conservative Allocation Fund - Class I

 

JNL Emerging Markets Index Fund - Class I

 

JNL Growth Allocation Fund - Class A

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, at fair value

$

96,675,218

 

$

454,471

 

$

114,258

 

$

44,470,561

 

$

50,044

 

$

33,189

 

$

201,518,643

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

9,679

 

 

6

 

 

1

 

 

43,747

 

 

1

 

 

 

 

43,221

 

 

Investment Division units sold

 

 

 

 

 

 

 

4,859

 

 

 

 

 

 

448

 

Total assets

 

96,684,897

 

 

454,477

 

 

114,259

 

 

44,519,167

 

 

50,045

 

 

33,189

 

 

201,562,312

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

 

 

 

 

 

 

4,859

 

 

 

 

 

 

448

 

 

Investment Division units redeemed

 

6,034

 

 

 

 

 

 

42,295

 

 

 

 

 

 

35,426

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

3,645

 

 

6

 

 

1

 

 

1,452

 

 

1

 

 

 

 

7,795

 

Total liabilities

 

9,679

 

 

6

 

 

1

 

 

48,606

 

 

1

 

 

 

 

43,669

 

Net assets

$

96,675,218

 

$

454,471

 

$

114,258

 

$

44,470,561

 

$

50,044

 

$

33,189

 

$

201,518,643

 

Maximum Unit Value

 

23.123483

 

 

22.528269

 

 

8.453609

 

 

14.191263

 

 

13.532901

 

 

7.843183

 

 

24.579364

 

Minimum Unit Value

 

17.333820

 

 

18.475951

 

 

N/A

 

 

11.185924

 

 

N/A

 

 

N/A

 

 

17.362656

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

5,169,798

 

 

23,857

 

 

12,379

 

 

3,255,532

 

 

3,595

 

 

4,028

 

 

10,679,313

 

Investments in Funds, at cost

$

71,252,991

 

$

417,671

 

$

114,241

 

$

41,707,132

 

$

49,612

 

$

29,053

 

$

157,029,805

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL Aggressive Growth Allocation Fund - Class A

 

JNL Aggressive Growth Allocation Fund - Class I

 

JNL Bond Index Fund - Class I

 

JNL Conservative Allocation Fund - Class A

 

JNL Conservative Allocation Fund - Class I

 

JNL Emerging Markets Index Fund - Class I

 

JNL Growth Allocation Fund - Class A

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

1,254,954

 

 

1,630

 

 

700

 

 

527,538

 

 

257

 

 

84

 

 

2,750,766

 

Total expenses

 

1,254,954

 

 

1,630

 

 

700

 

 

527,538

 

 

257

 

 

84

 

 

2,750,766

 

Net investment income (loss)

 

(1,254,954

)

 

(1,630

)

 

(700

)

 

(527,538

)

 

(257

)

 

(84

)

 

(2,750,766

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales of investments in Funds

 

2,721,122

 

 

(48

)

 

(3,439

)

 

147,870

 

 

(2,411

)

 

425

 

 

4,853,024

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

12,715,345

 

 

56,868

 

 

11,994

 

 

3,807,410

 

 

7,790

 

 

2,332

 

 

25,096,102

 

Net realized and unrealized gain (loss)

 

15,436,467

 

 

56,820

 

 

8,555

 

 

3,955,280

 

 

5,379

 

 

2,757

 

 

29,949,126

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

14,181,513

 

$

55,190

 

$

7,855

 

$

3,427,742

 

$

5,122

 

$

2,673

 

$

27,198,360

 

 

 

See Notes to the Financial Statements.

1


                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL Growth Allocation Fund - Class I

 

JNL International Index 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

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, at fair value

$

207,251

 

$

331,295

 

$

40,770,405

 

$

321,278

 

$

20,059,552

 

$

 

$

30,239,895

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

3

 

 

4

 

 

1,337

 

 

4

 

 

2,019

 

 

 

 

21,610

 

 

Investment Division units sold

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total assets

 

207,254

 

 

331,299

 

 

40,771,742

 

 

321,282

 

 

20,061,571

 

 

 

 

30,261,505

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment Division units redeemed

 

 

 

 

 

92

 

 

 

 

1,395

 

 

 

 

20,648

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

3

 

 

4

 

 

1,245

 

 

4

 

 

624

 

 

 

 

962

 

Total liabilities

 

3

 

 

4

 

 

1,337

 

 

4

 

 

2,019

 

 

 

 

21,610

 

Net assets

$

207,251

 

$

331,295

 

$

40,770,405

 

$

321,278

 

$

20,059,552

 

$

 

$

30,239,895

 

Maximum Unit Value

 

22.766780

 

 

9.578221

 

 

23.491893

 

 

22.339753

 

 

16.467972

 

 

N/A

 

 

20.135419

 

Minimum Unit Value

 

18.681448

 

 

N/A

 

 

18.515479

 

 

19.642981

 

 

13.293339

 

 

N/A

 

 

15.776994

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

10,778

 

 

33,771

 

 

2,730,771

 

 

21,418

 

 

1,698,523

 

 

 

 

2,270,262

 

Investments in Funds, at cost

$

162,301

 

$

307,637

 

$

39,440,192

 

$

319,699

 

$

20,709,175

 

$

 

$

30,007,506

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL Growth Allocation Fund - Class I

 

JNL International Index 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

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

8,543

 

$

713,328

 

$

6,475

 

$

448,695

 

$

 

$

622,201

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

1,510

 

 

1,189

 

 

415,965

 

 

1,367

 

 

214,089

 

 

8

 

 

336,549

 

Total expenses

 

1,510

 

 

1,189

 

 

415,965

 

 

1,367

 

 

214,089

 

 

8

 

 

336,549

 

Net investment income (loss)

 

(1,510

)

 

7,354

 

 

297,363

 

 

5,108

 

 

234,606

 

 

(8

)

 

285,652

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from Funds

 

 

 

 

 

568,387

 

 

4,456

 

 

 

 

 

 

560,275

 

 

Sales of investments in Funds

 

28,301

 

 

2,601

 

 

(40,219

)

 

(284

)

 

(186,757

)

 

87

 

 

(109,646

)

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

20,053

 

 

37,971

 

 

3,684,014

 

 

28,107

 

 

1,480,020

 

 

 

 

2,162,286

 

Net realized and unrealized gain (loss)

 

48,354

 

 

40,572

 

 

4,212,182

 

 

32,279

 

 

1,293,263

 

 

87

 

 

2,612,915

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

46,844

 

$

47,926

 

$

4,509,545

 

$

37,387

 

$

1,527,869

 

$

79

 

$

2,898,567

 

 

 

See Notes to the Financial Statements.

2


                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL iShares Tactical Moderate Growth Fund - Class I

 

JNL Mid Cap Index 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

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, at fair value

$

1,973,035

 

$

257,584

 

$

118,273,124

 

$

179,526

 

$

218,973,260

 

$

132,592

 

$

14,229,746

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

22

 

 

3

 

 

52,844

 

 

2

 

 

22,976

 

 

2

 

 

782

 

 

Investment Division units sold

 

 

 

 

 

2,185

 

 

 

 

 

 

 

 

1,650

 

Total assets

 

1,973,057

 

 

257,587

 

 

118,328,153

 

 

179,528

 

 

218,996,236

 

 

132,594

 

 

14,232,178

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

 

 

 

 

2,185

 

 

 

 

 

 

 

 

1,650

 

 

Investment Division units redeemed

 

 

 

 

 

48,347

 

 

 

 

14,600

 

 

 

 

346

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

22

 

 

3

 

 

4,497

 

 

2

 

 

8,376

 

 

2

 

 

436

 

Total liabilities

 

22

 

 

3

 

 

55,029

 

 

2

 

 

22,976

 

 

2

 

 

2,432

 

Net assets

$

1,973,035

 

$

257,584

 

$

118,273,124

 

$

179,526

 

$

218,973,260

 

$

132,592

 

$

14,229,746

 

Maximum Unit Value

 

19.723814

 

 

9.662547

 

 

17.614458

 

 

17.121350

 

 

23.372026

 

 

21.651840

 

 

11.958607

 

Minimum Unit Value

 

N/A

 

 

N/A

 

 

13.801475

 

 

16.339282

 

 

15.558654

 

 

18.040566

 

 

10.009702

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

147,682

 

 

24,416

 

 

7,168,068

 

 

10,673

 

 

12,018,291

 

 

7,140

 

 

1,207,958

 

Investments in Funds, at cost

$

2,065,200

 

$

231,556

 

$

100,350,820

 

$

157,213

 

$

168,820,536

 

$

118,055

 

$

13,064,987

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL iShares Tactical Moderate Growth Fund - Class I

 

JNL Mid Cap Index 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

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

46,243

 

$

 

$

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

7,001

 

 

820

 

 

1,601,658

 

 

741

 

 

3,037,681

 

 

761

 

 

155,694

 

Total expenses

 

7,001

 

 

820

 

 

1,601,658

 

 

741

 

 

3,037,681

 

 

761

 

 

155,694

 

Net investment income (loss)

 

39,242

 

 

(820

)

 

(1,601,658

)

 

(741

)

 

(3,037,681

)

 

(761

)

 

(155,694

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from Funds

 

36,359

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales of investments in Funds

 

(9,292

)

 

998

 

 

1,904,422

 

 

6,415

 

 

7,265,038

 

 

868

 

 

116,773

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

131,997

 

 

32,424

 

 

11,144,641

 

 

13,492

 

 

20,805,839

 

 

16,463

 

 

1,377,397

 

Net realized and unrealized gain (loss)

 

159,064

 

 

33,422

 

 

13,049,063

 

 

19,907

 

 

28,070,877

 

 

17,331

 

 

1,494,170

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

198,306

 

$

32,602

 

$

11,447,405

 

$

19,166

 

$

25,033,196

 

$

16,570

 

$

1,338,476

 

 

 

See Notes to the Financial Statements.

3


                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

JNL Multi-Manager International Small Cap Fund - Class I

 

JNL Multi-Manager Mid Cap Fund - Class A

 

JNL Multi-Manager Mid Cap Fund - Class I

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, at fair value

$

217,649

 

$

53,796,383

 

$

464,485

 

$

32,183,293

 

$

117,188

 

$

33,431,976

 

$

1,148,551

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

3

 

 

8,615

 

 

146

 

 

3,016

 

 

1

 

 

2,307

 

 

109

 

 

Investment Division units sold

 

 

 

2,625

 

 

 

 

 

 

 

 

 

 

 

Total assets

 

217,652

 

 

53,807,623

 

 

464,631

 

 

32,186,309

 

 

117,189

 

 

33,434,283

 

 

1,148,660

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

 

 

2,625

 

 

 

 

 

 

 

 

 

 

 

 

Investment Division units redeemed

 

 

 

6,552

 

 

140

 

 

1,778

 

 

 

 

1,061

 

 

94

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

3

 

 

2,063

 

 

6

 

 

1,238

 

 

1

 

 

1,246

 

 

15

 

Total liabilities

 

3

 

 

11,240

 

 

146

 

 

3,016

 

 

1

 

 

2,307

 

 

109

 

Net assets

$

217,649

 

$

53,796,383

 

$

464,485

 

$

32,183,293

 

$

117,188

 

$

33,431,976

 

$

1,148,551

 

Maximum Unit Value

 

11.845944

 

 

15.586855

 

 

15.792688

 

 

13.856269

 

 

13.741966

 

 

20.077704

 

 

19.876493

 

Minimum Unit Value

 

11.306184

 

 

10.852304

 

 

14.481173

 

 

12.442506

 

 

N/A

 

 

17.294421

 

 

19.545724

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

18,168

 

 

6,366,436

 

 

54,839

 

 

2,941,800

 

 

10,605

 

 

1,764,220

 

 

59,665

 

Investments in Funds, at cost

$

213,134

 

$

56,004,098

 

$

528,058

 

$

39,231,960

 

$

131,161

 

$

29,150,725

 

$

958,947

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

JNL Multi-Manager International Small Cap Fund - Class I

 

JNL Multi-Manager Mid Cap Fund - Class A

 

JNL Multi-Manager Mid Cap Fund - Class I

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

759,142

 

$

8,056

 

$

849,993

 

$

3,467

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

936

 

 

742,897

 

 

1,975

 

 

417,688

 

 

529

 

 

425,610

 

 

5,587

 

Total expenses

 

936

 

 

742,897

 

 

1,975

 

 

417,688

 

 

529

 

 

425,610

 

 

5,587

 

Net investment income (loss)

 

(936

)

 

16,245

 

 

6,081

 

 

432,305

 

 

2,938

 

 

(425,610

)

 

(5,587

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales of investments in Funds

 

(288

)

 

(776,765

)

 

(24,620

)

 

(1,714,937

)

 

(3,377

)

 

566,932

 

 

17,268

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

23,042

 

 

5,150,970

 

 

58,532

 

 

6,926,456

 

 

23,922

 

 

3,255,550

 

 

115,722

 

Net realized and unrealized gain (loss)

 

22,754

 

 

4,374,205

 

 

33,912

 

 

5,211,519

 

 

20,545

 

 

3,822,482

 

 

132,990

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

21,818

 

$

4,390,450

 

$

39,993

 

$

5,643,824

 

$

23,483

 

$

3,396,872

 

$

127,403

 

 

 

See Notes to the Financial Statements.

4


                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 Small Cap Index Fund - Class I

 

JNL/AB Sustainable Global Thematic Fund - Class A

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, at fair value

$

149,707,657

 

$

1,556,303

 

$

103,066,119

 

$

1,014,380

 

$

18,350,432

 

$

145,233

 

$

1,882,476

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

27,591

 

 

21

 

 

53,802

 

 

12

 

 

1,108

 

 

2

 

 

72

 

 

Investment Division units sold

 

39,815

 

 

1,898

 

 

3,791

 

 

 

 

7,592

 

 

 

 

 

Total assets

 

149,775,063

 

 

1,558,222

 

 

103,123,712

 

 

1,014,392

 

 

18,359,132

 

 

145,235

 

 

1,882,548

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

39,815

 

 

1,898

 

 

3,791

 

 

 

 

7,592

 

 

 

 

 

 

Investment Division units redeemed

 

21,752

 

 

 

 

49,741

 

 

 

 

870

 

 

 

 

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

5,839

 

 

21

 

 

4,061

 

 

12

 

 

238

 

 

2

 

 

72

 

Total liabilities

 

67,406

 

 

1,919

 

 

57,593

 

 

12

 

 

8,700

 

 

2

 

 

72

 

Net assets

$

149,707,657

 

$

1,556,303

 

$

103,066,119

 

$

1,014,380

 

$

18,350,432

 

$

145,233

 

$

1,882,476

 

Maximum Unit Value

 

105.856774

 

 

109.439755

 

 

39.065193

 

 

39.652966

 

 

20.548928

 

 

9.323677

 

 

10.620857

 

Minimum Unit Value

 

52.277824

 

 

94.264293

 

 

26.643321

 

 

36.120161

 

 

19.915149

 

 

N/A

 

 

10.504969

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

3,868,415

 

 

37,637

 

 

5,239,762

 

 

50,744

 

 

870,927

 

 

14,266

 

 

174,303

 

Investments in Funds, at cost

$

136,791,420

 

$

1,768,923

 

$

83,954,793

 

$

879,235

 

$

15,037,688

 

$

132,128

 

$

1,666,428

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 Small Cap Index Fund - Class I

 

JNL/AB Sustainable Global Thematic Fund - Class A

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

2,024,383

 

 

7,243

 

 

1,344,710

 

 

2,471

 

 

81,077

 

 

646

 

 

17,892

 

Total expenses

 

2,024,383

 

 

7,243

 

 

1,344,710

 

 

2,471

 

 

81,077

 

 

646

 

 

17,892

 

Net investment income (loss)

 

(2,024,383

)

 

(7,243

)

 

(1,344,710

)

 

(2,471

)

 

(81,077

)

 

(646

)

 

(17,892

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales of investments in Funds

 

467,989

 

 

(26,855

)

 

1,915,212

 

 

1,861

 

 

989,512

 

 

983

 

 

20,411

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

21,090,314

 

 

244,463

 

 

16,367,365

 

 

140,806

 

 

2,920,724

 

 

23,278

 

 

193,328

 

Net realized and unrealized gain (loss)

 

21,558,303

 

 

217,608

 

 

18,282,577

 

 

142,667

 

 

3,910,236

 

 

24,261

 

 

213,739

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

19,533,920

 

$

210,365

 

$

16,937,867

 

$

140,196

 

$

3,829,159

 

$

23,615

 

$

195,847

 

 

 

See Notes to the Financial Statements.

5


                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/AB Sustainable Global Thematic Fund - Class I

 

JNL/American Funds Balanced Fund - Class A

 

JNL/American Funds Balanced Fund - Class I

 

JNL/American Funds Bond Fund of America Fund - Class A

 

JNL/American Funds Bond Fund of America Fund - Class I

 

JNL/American Funds Capital Income Builder Fund - Class A

 

JNL/American Funds Capital Income Builder Fund - Class I

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, at fair value

$

82,986

 

$

193,175,413

 

$

1,211,013

 

$

18,219,269

 

$

674,816

 

$

23,976,911

 

$

220,829

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

1

 

 

133,440

 

 

14

 

 

963

 

 

33

 

 

1,271

 

 

3

 

 

Investment Division units sold

 

 

 

815

 

 

 

 

22,701

 

 

 

 

3,391

 

 

 

Total assets

 

82,987

 

 

193,309,668

 

 

1,211,027

 

 

18,242,933

 

 

674,849

 

 

23,981,573

 

 

220,832

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

 

 

815

 

 

 

 

22,701

 

 

 

 

3,391

 

 

 

 

Investment Division units redeemed

 

 

 

126,039

 

 

 

 

300

 

 

24

 

 

427

 

 

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

1

 

 

7,401

 

 

14

 

 

663

 

 

9

 

 

844

 

 

3

 

Total liabilities

 

1

 

 

134,255

 

 

14

 

 

23,664

 

 

33

 

 

4,662

 

 

3

 

Net assets

$

82,986

 

$

193,175,413

 

$

1,211,013

 

$

18,219,269

 

$

674,816

 

$

23,976,911

 

$

220,829

 

Maximum Unit Value

 

10.778235

 

 

30.239257

 

 

31.054496

 

 

9.220063

 

 

9.191075

 

 

13.209971

 

 

13.118562

 

Minimum Unit Value

 

N/A

 

 

16.732189

 

 

27.386202

 

 

8.748143

 

 

9.138885

 

 

11.763279

 

 

12.869064

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

7,641

 

 

12,304,166

 

 

73,350

 

 

1,976,060

 

 

72,639

 

 

1,815,058

 

 

16,431

 

Investments in Funds, at cost

$

73,970

 

$

164,400,410

 

$

1,052,664

 

$

17,955,174

 

$

660,598

 

$

21,486,245

 

$

204,681

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/AB Sustainable Global Thematic Fund - Class I

 

JNL/American Funds Balanced Fund - Class A

 

JNL/American Funds Balanced Fund - Class I

 

JNL/American Funds Bond Fund of America Fund - Class A

 

JNL/American Funds Bond Fund of America Fund - Class I

 

JNL/American Funds Capital Income Builder Fund - Class A

 

JNL/American Funds Capital Income Builder Fund - Class I

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

290

 

 

2,472,086

 

 

4,771

 

 

178,835

 

 

2,039

 

 

281,889

 

 

1,368

 

Total expenses

 

290

 

 

2,472,086

 

 

4,771

 

 

178,835

 

 

2,039

 

 

281,889

 

 

1,368

 

Net investment income (loss)

 

(290

)

 

(2,472,086

)

 

(4,771

)

 

(178,835

)

 

(2,039

)

 

(281,889

)

 

(1,368

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales of investments in Funds

 

34

 

 

2,669,642

 

 

3,755

 

 

(102,579

)

 

(437

)

 

175,538

 

 

1,502

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

9,017

 

 

20,581,012

 

 

145,877

 

 

805,129

 

 

24,420

 

 

1,652,999

 

 

19,149

 

Net realized and unrealized gain (loss)

 

9,051

 

 

23,250,654

 

 

149,632

 

 

702,550

 

 

23,983

 

 

1,828,537

 

 

20,651

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

8,761

 

$

20,778,568

 

$

144,861

 

$

523,715

 

$

21,944

 

$

1,546,648

 

$

19,283

 

 

 

See Notes to the Financial Statements.

6


                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/American Funds Capital World Bond Fund - Class A

 

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

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, at fair value

$

21,556,974

 

$

186,700

 

$

66,941,037

 

$

1,055,994

 

$

41,522,071

 

$

190,450

 

$

222,497,303

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

1,670

 

 

3

 

 

5,627

 

 

16

 

 

3,916

 

 

3

 

 

452,449

 

 

Investment Division units sold

 

398

 

 

 

 

31,328

 

 

 

 

5,745

 

 

 

 

22,496

 

Total assets

 

21,559,042

 

 

186,703

 

 

66,977,992

 

 

1,056,010

 

 

41,531,732

 

 

190,453

 

 

222,972,248

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

398

 

 

 

 

31,328

 

 

 

 

5,745

 

 

 

 

22,496

 

 

Investment Division units redeemed

 

813

 

 

 

 

3,257

 

 

 

 

2,272

 

 

 

 

443,955

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

857

 

 

3

 

 

2,370

 

 

16

 

 

1,644

 

 

3

 

 

8,494

 

Total liabilities

 

2,068

 

 

3

 

 

36,955

 

 

16

 

 

9,661

 

 

3

 

 

474,945

 

Net assets

$

21,556,974

 

$

186,700

 

$

66,941,037

 

$

1,055,994

 

$

41,522,071

 

$

190,450

 

$

222,497,303

 

Maximum Unit Value

 

11.264249

 

 

11.349186

 

 

26.655140

 

 

26.230970

 

 

23.038355

 

 

23.177544

 

 

25.732553

 

Minimum Unit Value

 

8.513130

 

 

10.680837

 

 

21.587349

 

 

24.469221

 

 

17.403541

 

 

21.813820

 

 

19.676791

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

2,115,503

 

 

17,900

 

 

2,775,333

 

 

42,997

 

 

2,234,772

 

 

9,961

 

 

9,044,606

 

Investments in Funds, at cost

$

22,972,723

 

$

182,356

 

$

56,920,705

 

$

955,811

 

$

37,145,628

 

$

176,260

 

$

176,870,510

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/American Funds Capital World Bond Fund - Class A

 

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

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

303,640

 

 

599

 

 

785,268

 

 

5,161

 

 

580,356

 

 

961

 

 

2,789,378

 

Total expenses

 

303,640

 

 

599

 

 

785,268

 

 

5,161

 

 

580,356

 

 

961

 

 

2,789,378

 

Net investment income (loss)

 

(303,640

)

 

(599

)

 

(785,268

)

 

(5,161

)

 

(580,356

)

 

(961

)

 

(2,789,378

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales of investments in Funds

 

(417,799

)

 

(1,551

)

 

1,052,402

 

 

4,323

 

 

343,153

 

 

7

 

 

4,383,630

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

1,596,226

 

 

11,263

 

 

10,966,632

 

 

164,871

 

 

5,674,915

 

 

26,731

 

 

27,745,177

 

Net realized and unrealized gain (loss)

 

1,178,427

 

 

9,712

 

 

12,019,034

 

 

169,194

 

 

6,018,068

 

 

26,738

 

 

32,128,807

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

874,787

 

$

9,113

 

$

11,233,766

 

$

164,033

 

$

5,437,712

 

$

25,777

 

$

29,339,429

 

 

 

See Notes to the Financial Statements.

7


                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, at fair value

$

2,160,112

 

$

328,045,550

 

$

4,447,863

 

$

581,323,034

 

$

6,746,195

 

$

86,481,667

 

$

661,772

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

32

 

 

29,416

 

 

168

 

 

736,153

 

 

8,060

 

 

167,160

 

 

10

 

 

Investment Division units sold

 

 

 

238,345

 

 

 

 

422,246

 

 

 

 

292,897

 

 

 

Total assets

 

2,160,144

 

 

328,313,311

 

 

4,448,031

 

 

582,481,433

 

 

6,754,255

 

 

86,941,724

 

 

661,782

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

 

 

238,345

 

 

 

 

422,246

 

 

 

 

292,897

 

 

 

 

Investment Division units redeemed

 

 

 

17,374

 

 

110

 

 

713,859

 

 

7,971

 

 

163,813

 

 

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

32

 

 

12,042

 

 

58

 

 

22,294

 

 

89

 

 

3,347

 

 

10

 

Total liabilities

 

32

 

 

267,761

 

 

168

 

 

1,158,399

 

 

8,060

 

 

460,057

 

 

10

 

Net assets

$

2,160,112

 

$

328,045,550

 

$

4,447,863

 

$

581,323,034

 

$

6,746,195

 

$

86,481,667

 

$

661,772

 

Maximum Unit Value

 

25.037882

 

 

51.003354

 

 

49.974592

 

 

42.972066

 

 

43.209393

 

 

17.771951

 

 

17.897729

 

Minimum Unit Value

 

24.384128

 

 

38.792921

 

 

47.086792

 

 

31.385136

 

 

40.667007

 

 

13.161835

 

 

16.278611

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

86,129

 

 

6,636,568

 

 

88,251

 

 

14,551,265

 

 

164,061

 

 

5,501,378

 

 

40,977

 

Investments in Funds, at cost

$

1,998,874

 

$

251,298,313

 

$

3,604,911

 

$

383,535,753

 

$

5,376,531

 

$

79,071,011

 

$

649,271

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

11,039

 

 

3,663,251

 

 

16,951

 

 

7,207,801

 

 

29,960

 

 

1,178,418

 

 

3,125

 

Total expenses

 

11,039

 

 

3,663,251

 

 

16,951

 

 

7,207,801

 

 

29,960

 

 

1,178,418

 

 

3,125

 

Net investment income (loss)

 

(11,039

)

 

(3,663,251

)

 

(16,951

)

 

(7,207,801

)

 

(29,960

)

 

(1,178,418

)

 

(3,125

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales of investments in Funds

 

(764

)

 

5,051,490

 

 

23,162

 

 

22,575,803

 

 

145,954

 

 

539,321

 

 

(3,361

)

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

319,798

 

 

82,128,899

 

 

1,124,984

 

 

96,910,123

 

 

1,334,880

 

 

11,078,372

 

 

83,004

 

Net realized and unrealized gain (loss)

 

319,034

 

 

87,180,389

 

 

1,148,146

 

 

119,485,926

 

 

1,480,834

 

 

11,617,693

 

 

79,643

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

307,995

 

$

83,517,138

 

$

1,131,195

 

$

112,278,125

 

$

1,450,874

 

$

10,439,275

 

$

76,518

 

 

 

See Notes to the Financial Statements.

8


                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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/American Funds Washington Mutual Investors Fund - Class A

 

JNL/American Funds Washington Mutual Investors Fund - Class I

 

JNL/AQR Large Cap Defensive Style Fund - Class A

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, at fair value

$

146,856,323

 

$

1,721,305

 

$

80,881,761

 

$

1,060,856

 

$

269,882,548

 

$

1,135,562

 

$

37,344,534

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

65,710

 

 

23

 

 

25,466

 

 

13

 

 

528,925

 

 

280

 

 

70,363

 

 

Investment Division units sold

 

100

 

 

 

 

1,696

 

 

 

 

233,367

 

 

 

 

 

Total assets

 

146,922,133

 

 

1,721,328

 

 

80,908,923

 

 

1,060,869

 

 

270,644,840

 

 

1,135,842

 

 

37,414,897

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

100

 

 

 

 

1,696

 

 

 

 

233,367

 

 

 

 

 

 

Investment Division units redeemed

 

60,078

 

 

 

 

22,232

 

 

 

 

517,804

 

 

265

 

 

68,858

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

5,632

 

 

23

 

 

3,234

 

 

13

 

 

11,121

 

 

15

 

 

1,505

 

Total liabilities

 

65,810

 

 

23

 

 

27,162

 

 

13

 

 

762,292

 

 

280

 

 

70,363

 

Net assets

$

146,856,323

 

$

1,721,305

 

$

80,881,761

 

$

1,060,856

 

$

269,882,548

 

$

1,135,562

 

$

37,344,534

 

Maximum Unit Value

 

21.368118

 

 

20.946986

 

 

19.232630

 

 

19.356267

 

 

38.267043

 

 

38.489320

 

 

14.749992

 

Minimum Unit Value

 

16.434934

 

 

20.309392

 

 

14.534025

 

 

18.217456

 

 

27.950185

 

 

35.006712

 

 

13.295049

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

7,167,219

 

 

82,399

 

 

4,878,273

 

 

62,403

 

 

7,538,619

 

 

30,824

 

 

2,531,833

 

Investments in Funds, at cost

$

114,024,650

 

$

1,675,511

 

$

68,795,067

 

$

971,685

 

$

176,548,021

 

$

900,459

 

$

32,654,880

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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/American Funds Washington Mutual Investors Fund - Class A

 

JNL/American Funds Washington Mutual Investors Fund - Class I

 

JNL/AQR Large Cap Defensive Style Fund - Class A

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

1,979,479

 

 

7,650

 

 

1,140,732

 

 

4,615

 

 

3,826,483

 

 

4,865

 

 

546,524

 

Total expenses

 

1,979,479

 

 

7,650

 

 

1,140,732

 

 

4,615

 

 

3,826,483

 

 

4,865

 

 

546,524

 

Net investment income (loss)

 

(1,979,479

)

 

(7,650

)

 

(1,140,732

)

 

(4,615

)

 

(3,826,483

)

 

(4,865

)

 

(546,524

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales of investments in Funds

 

4,045,326

 

 

(1,412

)

 

1,398,482

 

 

13,532

 

 

12,917,357

 

 

13,457

 

 

564,328

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

14,258,592

 

 

211,375

 

 

9,832,862

 

 

130,771

 

 

27,391,463

 

 

150,293

 

 

3,142,000

 

Net realized and unrealized gain (loss)

 

18,303,918

 

 

209,963

 

 

11,231,344

 

 

144,303

 

 

40,308,820

 

 

163,750

 

 

3,706,328

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

16,324,439

 

$

202,313

 

$

10,090,612

 

$

139,688

 

$

36,482,337

 

$

158,885

 

$

3,159,804

 

 

 

See Notes to the Financial Statements.

9


                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/AQR Large Cap Defensive Style Fund - Class I

 

JNL/Baillie Gifford International Growth Fund - Class A

 

JNL/Baillie Gifford International Growth Fund - Class I

 

JNL/Baillie Gifford U.S. Equity Growth 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

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, at fair value

$

98,271

 

$

62,795,604

 

$

1,004,217

 

$

878,828

 

$

142,787,923

 

$

293,809

 

$

61,812,548

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

1

 

 

13,844

 

 

113

 

 

21

 

 

30,514

 

 

4

 

 

4,808

 

 

Investment Division units sold

 

 

 

31,177

 

 

 

 

 

 

 

 

 

 

17,314

 

Total assets

 

98,272

 

 

62,840,625

 

 

1,004,330

 

 

878,849

 

 

142,818,437

 

 

293,813

 

 

61,834,670

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

 

 

31,177

 

 

 

 

 

 

 

 

 

 

17,314

 

 

Investment Division units redeemed

 

 

 

11,436

 

 

100

 

 

 

 

25,016

 

 

 

 

2,491

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

1

 

 

2,408

 

 

13

 

 

21

 

 

5,498

 

 

4

 

 

2,317

 

Total liabilities

 

1

 

 

45,021

 

 

113

 

 

21

 

 

30,514

 

 

4

 

 

22,122

 

Net assets

$

98,271

 

$

62,795,604

 

$

1,004,217

 

$

878,828

 

$

142,787,923

 

$

293,809

 

$

61,812,548

 

Maximum Unit Value

 

14.649351

 

 

12.185145

 

 

12.281054

 

 

5.730027

 

 

19.288618

 

 

19.898781

 

 

14.682834

 

Minimum Unit Value

 

14.517414

 

 

10.870141

 

 

12.071267

 

 

5.548881

 

 

14.613789

 

 

18.781957

 

 

9.935026

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

6,573

 

 

5,348,859

 

 

84,388

 

 

153,373

 

 

8,701,275

 

 

17,478

 

 

4,810,315

 

Investments in Funds, at cost

$

80,012

 

$

73,496,487

 

$

1,177,418

 

$

890,977

 

$

111,246,354

 

$

271,930

 

$

51,295,986

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/AQR Large Cap Defensive Style Fund - Class I

 

JNL/Baillie Gifford International Growth Fund - Class A

 

JNL/Baillie Gifford International Growth Fund - Class I

 

JNL/Baillie Gifford U.S. Equity Growth 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

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

442

 

 

863,676

 

 

4,328

 

 

5,557

 

 

1,962,991

 

 

1,208

 

 

966,191

 

Total expenses

 

442

 

 

863,676

 

 

4,328

 

 

5,557

 

 

1,962,991

 

 

1,208

 

 

966,191

 

Net investment income (loss)

 

(442

)

 

(863,676

)

 

(4,328

)

 

(5,557

)

 

(1,962,991

)

 

(1,208

)

 

(966,191

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales of investments in Funds

 

626

 

 

(2,813,799

)

 

(25,097

)

 

(34,597

)

 

3,526,083

 

 

67

 

 

6,935,818

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

8,918

 

 

10,663,503

 

 

132,562

 

 

276,413

 

 

14,743,236

 

 

29,632

 

 

(8,411,327

)

Net realized and unrealized gain (loss)

 

9,544

 

 

7,849,704

 

 

107,465

 

 

241,816

 

 

18,269,319

 

 

29,699

 

 

(1,475,509

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

9,102

 

$

6,986,028

 

$

103,137

 

$

236,259

 

$

16,306,328

 

$

28,491

 

$

(2,441,700

)

 

 

See Notes to the Financial Statements.

10


                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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/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

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, at fair value

$

329,722

 

$

316,498,655

 

$

3,082,463

 

$

59,511,375

 

$

638,014

 

$

71,381,851

 

$

1,426,741

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

4

 

 

61,558

 

 

45

 

 

4,285

 

 

168

 

 

6,048

 

 

342

 

 

Investment Division units sold

 

 

 

44,168

 

 

 

 

6,683

 

 

 

 

 

 

 

Total assets

 

329,726

 

 

316,604,381

 

 

3,082,508

 

 

59,522,343

 

 

638,182

 

 

71,387,899

 

 

1,427,083

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

 

 

44,168

 

 

 

 

6,683

 

 

 

 

 

 

 

 

Investment Division units redeemed

 

 

 

49,130

 

 

 

 

1,940

 

 

160

 

 

3,389

 

 

321

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

4

 

 

12,428

 

 

45

 

 

2,345

 

 

8

 

 

2,659

 

 

21

 

Total liabilities

 

4

 

 

105,726

 

 

45

 

 

10,968

 

 

168

 

 

6,048

 

 

342

 

Net assets

$

329,722

 

$

316,498,655

 

$

3,082,463

 

$

59,511,375

 

$

638,014

 

$

71,381,851

 

$

1,426,741

 

Maximum Unit Value

 

14.273962

 

 

162.084757

 

 

169.546139

 

 

32.523553

 

 

29.913762

 

 

21.997858

 

 

21.855793

 

Minimum Unit Value

 

13.680737

 

 

38.395142

 

 

144.767525

 

 

14.814685

 

 

26.010370

 

 

19.348409

 

 

21.181752

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

25,074

 

 

4,538,917

 

 

41,723

 

 

3,102,783

 

 

32,223

 

 

3,244,630

 

 

63,665

 

Investments in Funds, at cost

$

318,153

 

$

217,686,399

 

$

2,539,562

 

$

50,112,815

 

$

566,866

 

$

55,659,295

 

$

1,181,820

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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/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

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

855,439

 

$

10,126

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

1,537

 

 

3,918,008

 

 

12,963

 

 

775,936

 

 

3,428

 

 

758,877

 

 

6,467

 

Total expenses

 

1,537

 

 

3,918,008

 

 

12,963

 

 

775,936

 

 

3,428

 

 

758,877

 

 

6,467

 

Net investment income (loss)

 

(1,537

)

 

(3,918,008

)

 

(12,963

)

 

79,503

 

 

6,698

 

 

(758,877

)

 

(6,467

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales of investments in Funds

 

3,162

 

 

11,292,522

 

 

22,601

 

 

1,847,097

 

 

48,058

 

 

1,522,217

 

 

13,315

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

(7,400

)

 

96,460,372

 

 

984,104

 

 

9,303,874

 

 

77,047

 

 

18,324,741

 

 

391,669

 

Net realized and unrealized gain (loss)

 

(4,238

)

 

107,752,894

 

 

1,006,705

 

 

11,150,971

 

 

125,105

 

 

19,846,958

 

 

404,984

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

(5,775

)

$

103,834,886

 

$

993,742

 

$

11,230,474

 

$

131,803

 

$

19,088,081

 

$

398,517

 

 

 

See Notes to the Financial Statements.

11


                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/DFA International Core Equity Fund - Class A

 

JNL/DFA International Core Equity 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

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, at fair value

$

19,765,393

 

$

652,885

 

$

72,292,421

 

$

894,015

 

$

37,306,718

 

$

2,165,652

 

$

141,142,021

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

1,616

 

 

125

 

 

31,491

 

 

141

 

 

2,756

 

 

150

 

 

53,548

 

 

Investment Division units sold

 

787

 

 

 

 

 

 

 

 

 

 

 

 

74,188

 

Total assets

 

19,767,796

 

 

653,010

 

 

72,323,912

 

 

894,156

 

 

37,309,474

 

 

2,165,802

 

 

141,269,757

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

787

 

 

 

 

 

 

 

 

 

 

 

 

74,188

 

 

Investment Division units redeemed

 

879

 

 

117

 

 

28,717

 

 

130

 

 

1,365

 

 

124

 

 

48,072

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

737

 

 

8

 

 

2,774

 

 

11

 

 

1,391

 

 

26

 

 

5,476

 

Total liabilities

 

2,403

 

 

125

 

 

31,491

 

 

141

 

 

2,756

 

 

150

 

 

127,736

 

Net assets

$

19,765,393

 

$

652,885

 

$

72,292,421

 

$

894,015

 

$

37,306,718

 

$

2,165,652

 

$

141,142,021

 

Maximum Unit Value

 

13.099609

 

 

13.068941

 

 

83.790941

 

 

86.939874

 

 

29.955585

 

 

29.479026

 

 

28.438733

 

Minimum Unit Value

 

11.967846

 

 

12.921948

 

 

34.843832

 

 

74.884022

 

 

23.228345

 

 

15.615402

 

 

15.699391

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

1,760,053

 

 

57,777

 

 

2,986,056

 

 

34,188

 

 

3,106,305

 

 

177,804

 

 

11,139,860

 

Investments in Funds, at cost

$

19,687,310

 

$

643,617

 

$

46,081,120

 

$

719,505

 

$

32,525,044

 

$

1,632,801

 

$

143,166,733

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/DFA International Core Equity Fund - Class A

 

JNL/DFA International Core Equity 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

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

330,654

 

$

12,260

 

$

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

237,278

 

 

3,597

 

 

993,427

 

 

3,669

 

 

458,907

 

 

8,776

 

 

1,969,325

 

Total expenses

 

237,278

 

 

3,597

 

 

993,427

 

 

3,669

 

 

458,907

 

 

8,776

 

 

1,969,325

 

Net investment income (loss)

 

93,376

 

 

8,663

 

 

(993,427

)

 

(3,669

)

 

(458,907

)

 

(8,776

)

 

(1,969,325

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales of investments in Funds

 

(180,023

)

 

(15,372

)

 

5,207,133

 

 

10,451

 

 

361,930

 

 

48,232

 

 

(1,640,996

)

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

2,371,302

 

 

97,950

 

 

9,068,585

 

 

157,752

 

 

4,954,529

 

 

261,042

 

 

9,721,591

 

Net realized and unrealized gain (loss)

 

2,191,279

 

 

82,578

 

 

14,275,718

 

 

168,203

 

 

5,316,459

 

 

309,274

 

 

8,080,595

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

2,284,655

 

$

91,241

 

$

13,282,291

 

$

164,534

 

$

4,857,552

 

$

300,498

 

$

6,111,270

 

 

 

See Notes to the Financial Statements.

12


                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, at fair value

$

1,256,479

 

$

9,539,951

 

$

36,949

 

$

127,794,560

 

$

1,294,274

 

$

72,958,889

 

$

1,209,363

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

5,047

 

 

936

 

 

 

 

30,924

 

 

17

 

 

90,350

 

 

18

 

 

Investment Division units sold

 

 

 

491

 

 

 

 

99,846

 

 

 

 

1,110

 

 

 

Total assets

 

1,261,526

 

 

9,541,378

 

 

36,949

 

 

127,925,330

 

 

1,294,291

 

 

73,050,349

 

 

1,209,381

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

 

 

491

 

 

 

 

99,846

 

 

 

 

1,110

 

 

 

 

Investment Division units redeemed

 

5,030

 

 

603

 

 

 

 

26,114

 

 

 

 

87,766

 

 

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

17

 

 

333

 

 

 

 

4,810

 

 

17

 

 

2,584

 

 

18

 

Total liabilities

 

5,047

 

 

1,427

 

 

 

 

130,770

 

 

17

 

 

91,460

 

 

18

 

Net assets

$

1,256,479

 

$

9,539,951

 

$

36,949

 

$

127,794,560

 

$

1,294,274

 

$

72,958,889

 

$

1,209,363

 

Maximum Unit Value

 

29.296878

 

 

11.752804

 

 

11.498029

 

 

28.124969

 

 

27.814348

 

 

11.553341

 

 

11.299951

 

Minimum Unit Value

 

25.474533

 

 

9.846326

 

 

N/A

 

 

23.262685

 

 

26.263350

 

 

9.120981

 

 

10.791058

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

90,655

 

 

835,372

 

 

3,244

 

 

5,546,639

 

 

55,217

 

 

6,928,669

 

 

113,236

 

Investments in Funds, at cost

$

1,283,090

 

$

9,319,869

 

$

38,563

 

$

99,557,342

 

$

1,089,429

 

$

75,475,910

 

$

1,248,374

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

6,076

 

 

119,318

 

 

186

 

 

1,605,194

 

 

5,736

 

 

957,658

 

 

5,615

 

Total expenses

 

6,076

 

 

119,318

 

 

186

 

 

1,605,194

 

 

5,736

 

 

957,658

 

 

5,615

 

Net investment income (loss)

 

(6,076

)

 

(119,318

)

 

(186

)

 

(1,605,194

)

 

(5,736

)

 

(957,658

)

 

(5,615

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales of investments in Funds

 

(21,625

)

 

(75,231

)

 

(1,325

)

 

2,767,932

 

 

15,635

 

 

(1,686,757

)

 

(9,482

)

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

96,381

 

 

905,584

 

 

5,147

 

 

25,666,696

 

 

279,498

 

 

5,227,963

 

 

65,410

 

Net realized and unrealized gain (loss)

 

74,756

 

 

830,353

 

 

3,822

 

 

28,434,628

 

 

295,133

 

 

3,541,206

 

 

55,928

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

68,680

 

$

711,035

 

$

3,636

 

$

26,829,434

 

$

289,397

 

$

2,583,548

 

$

50,313

 

 

 

See Notes to the Financial Statements.

13


                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

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

 

JNL/First Sentier Global Infrastructure Fund - Class A

 

JNL/First Sentier Global Infrastructure Fund - Class I

 

JNL/Franklin Templeton Income Fund - Class A

 

JNL/Franklin Templeton Income Fund - Class I

 

JNL/Goldman Sachs 4 Fund - Class A

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, at fair value

$

50,554,812

 

$

1,637,792

 

$

53,732,751

 

$

235,951

 

$

130,371,250

 

$

541,116

 

$

412,018,759

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

20,515

 

 

18

 

 

10,650

 

 

3

 

 

200,566

 

 

9

 

 

287,752

 

 

Investment Division units sold

 

279

 

 

 

 

3,552

 

 

 

 

139,502

 

 

 

 

65,706

 

Total assets

 

50,575,606

 

 

1,637,810

 

 

53,746,953

 

 

235,954

 

 

130,711,318

 

 

541,125

 

 

412,372,217

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

279

 

 

 

 

3,552

 

 

 

 

139,502

 

 

 

 

65,706

 

 

Investment Division units redeemed

 

18,509

 

 

 

 

8,551

 

 

 

 

195,514

 

 

 

 

272,042

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

2,006

 

 

18

 

 

2,099

 

 

3

 

 

5,052

 

 

9

 

 

15,710

 

Total liabilities

 

20,794

 

 

18

 

 

14,202

 

 

3

 

 

340,068

 

 

9

 

 

353,458

 

Net assets

$

50,554,812

 

$

1,637,792

 

$

53,732,751

 

$

235,951

 

$

130,371,250

 

$

541,116

 

$

412,018,759

 

Maximum Unit Value

 

38.473596

 

 

39.825513

 

 

20.939464

 

 

20.977871

 

 

24.596169

 

 

24.919814

 

 

45.289000

 

Minimum Unit Value

 

17.258394

 

 

34.004946

 

 

16.260228

 

 

20.561269

 

 

16.095791

 

 

22.851987

 

 

30.298800

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

4,234,071

 

 

133,154

 

 

3,122,182

 

 

13,437

 

 

8,577,056

 

 

36,711

 

 

11,935,653

 

Investments in Funds, at cost

$

51,113,590

 

$

1,585,865

 

$

47,284,216

 

$

227,525

 

$

106,887,105

 

$

483,695

 

$

249,151,580

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

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

 

JNL/First Sentier Global Infrastructure Fund - Class A

 

JNL/First Sentier Global Infrastructure Fund - Class I

 

JNL/Franklin Templeton Income Fund - Class A

 

JNL/Franklin Templeton Income Fund - Class I

 

JNL/Goldman Sachs 4 Fund - Class A

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

725,839

 

 

1,155

 

 

777,687

 

 

1,036

 

 

1,832,488

 

 

3,260

 

 

5,591,015

 

Total expenses

 

725,839

 

 

1,155

 

 

777,687

 

 

1,036

 

 

1,832,488

 

 

3,260

 

 

5,591,015

 

Net investment income (loss)

 

(725,839

)

 

(1,155

)

 

(777,687

)

 

(1,036

)

 

(1,832,488

)

 

(3,260

)

 

(5,591,015

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales of investments in Funds

 

(632,675

)

 

(573

)

 

1,164,285

 

 

2,524

 

 

3,616,465

 

 

5,721

 

 

27,044,104

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

3,877,095

 

 

61,308

 

 

300,322

 

 

5,893

 

 

6,495,171

 

 

36,434

 

 

27,231,049

 

Net realized and unrealized gain (loss)

 

3,244,420

 

 

60,735

 

 

1,464,607

 

 

8,417

 

 

10,111,636

 

 

42,155

 

 

54,275,153

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

2,518,581

 

$

59,580

 

$

686,920

 

$

7,381

 

$

8,279,148

 

$

38,895

 

$

48,684,138

 

 

 

See Notes to the Financial Statements.

14


                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Goldman Sachs 4 Fund - Class I

 

JNL/Goldman Sachs Managed Aggressive Growth Fund - Class A

 

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

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, at fair value

$

1,370,623

 

$

162,554,462

 

$

1,252,644

 

$

64,148,797

 

$

 

$

325,053,859

 

$

841,745

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

17

 

 

18,925

 

 

19

 

 

20,814

 

 

 

 

259,888

 

 

10

 

 

Investment Division units sold

 

 

 

489

 

 

 

 

4,808

 

 

 

 

 

 

 

Total assets

 

1,370,640

 

 

162,573,876

 

 

1,252,663

 

 

64,174,419

 

 

 

 

325,313,747

 

 

841,755

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

 

 

489

 

 

 

 

4,808

 

 

 

 

 

 

 

 

Investment Division units redeemed

 

 

 

12,263

 

 

 

 

18,184

 

 

 

 

246,610

 

 

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

17

 

 

6,662

 

 

19

 

 

2,630

 

 

 

 

13,278

 

 

10

 

Total liabilities

 

17

 

 

19,414

 

 

19

 

 

25,622

 

 

 

 

259,888

 

 

10

 

Net assets

$

1,370,623

 

$

162,554,462

 

$

1,252,644

 

$

64,148,797

 

$

 

$

325,053,859

 

$

841,745

 

Maximum Unit Value

 

43.267218

 

 

41.674949

 

 

50.902064

 

 

16.375786

 

 

N/A

 

 

40.698403

 

 

28.126891

 

Minimum Unit Value

 

34.193203

 

 

28.318689

 

 

34.581998

 

 

12.753152

 

 

N/A

 

 

26.967066

 

 

N/A

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

38,971

 

 

4,656,387

 

 

35,216

 

 

4,212,003

 

 

 

 

11,449,590

 

 

29,096

 

Investments in Funds, at cost

$

1,071,120

 

$

105,078,813

 

$

1,145,943

 

$

55,003,992

 

$

 

$

195,321,281

 

$

758,751

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Goldman Sachs 4 Fund - Class I

 

JNL/Goldman Sachs Managed Aggressive Growth Fund - Class A

 

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

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

5,579

 

 

2,274,076

 

 

9,014

 

 

982,680

 

 

 

 

4,693,109

 

 

3,492

 

Total expenses

 

5,579

 

 

2,274,076

 

 

9,014

 

 

982,680

 

 

 

 

4,693,109

 

 

3,492

 

Net investment income (loss)

 

(5,579

)

 

(2,274,076

)

 

(9,014

)

 

(982,680

)

 

 

 

(4,693,109

)

 

(3,492

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales of investments in Funds

 

10,787

 

 

7,054,837

 

 

196,304

 

 

1,125,327

 

 

 

 

17,649,294

 

 

139

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

163,948

 

 

23,409,595

 

 

12,177

 

 

4,169,939

 

 

 

 

40,075,407

 

 

145,015

 

Net realized and unrealized gain (loss)

 

174,735

 

 

30,464,432

 

 

208,481

 

 

5,295,266

 

 

 

 

57,724,701

 

 

145,154

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

169,156

 

$

28,190,356

 

$

199,467

 

$

4,312,586

 

$

 

$

53,031,592

 

$

141,662

 

 

 

See Notes to the Financial Statements.

15


                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Goldman Sachs Managed Moderate Fund - Class A

 

JNL/Goldman Sachs Managed Moderate Fund - Class I

 

JNL/Goldman Sachs Managed Moderate Growth Fund - Class A

 

JNL/Goldman Sachs Managed Moderate Growth 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 in Funds, at fair value

$

165,500,843

 

$

56,265

 

$

312,823,222

 

$

51,651

 

$

31,242,433

 

$

476,938

 

$

25,928,843

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

94,527

 

 

1

 

 

262,782

 

 

1

 

 

7,743

 

 

6

 

 

7,735

 

 

Investment Division units sold

 

 

 

 

 

426

 

 

 

 

3,172

 

 

 

 

59

 

Total assets

 

165,595,370

 

 

56,266

 

 

313,086,430

 

 

51,652

 

 

31,253,348

 

 

476,944

 

 

25,936,637

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

 

 

 

 

426

 

 

 

 

3,172

 

 

 

 

59

 

 

Investment Division units redeemed

 

87,780

 

 

 

 

250,067

 

 

 

 

6,572

 

 

 

 

6,822

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

6,747

 

 

1

 

 

12,715

 

 

1

 

 

1,171

 

 

6

 

 

913

 

Total liabilities

 

94,527

 

 

1

 

 

263,208

 

 

1

 

 

10,915

 

 

6

 

 

7,794

 

Net assets

$

165,500,843

 

$

56,265

 

$

312,823,222

 

$

51,651

 

$

31,242,433

 

$

476,938

 

$

25,928,843

 

Maximum Unit Value

 

20.953218

 

 

19.045848

 

 

32.967426

 

 

36.338871

 

 

14.179944

 

 

14.098006

 

 

15.111748

 

Minimum Unit Value

 

15.854040

 

 

N/A

 

 

22.126634

 

 

N/A

 

 

12.278134

 

 

13.879515

 

 

13.143173

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

8,610,866

 

 

2,872

 

 

13,072,429

 

 

2,118

 

 

2,212,637

 

 

33,144

 

 

1,937,881

 

Investments in Funds, at cost

$

120,939,827

 

$

59,088

 

$

206,245,602

 

$

51,771

 

$

27,615,647

 

$

412,138

 

$

23,560,159

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Goldman Sachs Managed Moderate Fund - Class A

 

JNL/Goldman Sachs Managed Moderate Fund - Class I

 

JNL/Goldman Sachs Managed Moderate Growth Fund - Class A

 

JNL/Goldman Sachs Managed Moderate Growth 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

$

 

$

 

$

 

$

 

$

 

$

 

$

343,878

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

2,503,357

 

 

239

 

 

4,570,297

 

 

546

 

 

349,992

 

 

2,024

 

 

328,025

 

Total expenses

 

2,503,357

 

 

239

 

 

4,570,297

 

 

546

 

 

349,992

 

 

2,024

 

 

328,025

 

Net investment income (loss)

 

(2,503,357

)

 

(239

)

 

(4,570,297

)

 

(546

)

 

(349,992

)

 

(2,024

)

 

15,853

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

217,420

 

 

Sales of investments in Funds

 

6,919,189

 

 

(166

)

 

14,525,363

 

 

(5,934

)

 

(177,920

)

 

(1,828

)

 

440,100

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

12,269,145

 

 

6,488

 

 

31,395,569

 

 

17,488

 

 

6,835,586

 

 

115,430

 

 

3,512,712

 

Net realized and unrealized gain (loss)

 

19,188,334

 

 

6,322

 

 

45,920,932

 

 

11,554

 

 

6,657,666

 

 

113,602

 

 

4,170,232

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

16,684,977

 

$

6,083

 

$

41,350,635

 

$

11,008

 

$

6,307,674

 

$

111,578

 

$

4,186,085

 

 

 

See Notes to the Financial Statements.

16


                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 in Funds, at fair value

$

383,231

 

$

8,289,581

 

$

176,584

 

$

28,924,408

 

$

41,308

 

$

105,482,332

 

$

445,366

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

5

 

 

15,021

 

 

2

 

 

3,562

 

 

1

 

 

79,294

 

 

6

 

 

Investment Division units sold

 

 

 

 

 

 

 

949

 

 

 

 

33,274

 

 

 

Total assets

 

383,236

 

 

8,304,602

 

 

176,586

 

 

28,928,919

 

 

41,309

 

 

105,594,900

 

 

445,372

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

 

 

 

 

 

 

949

 

 

 

 

33,274

 

 

 

 

Investment Division units redeemed

 

 

 

14,704

 

 

 

 

2,489

 

 

 

 

75,011

 

 

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

5

 

 

317

 

 

2

 

 

1,073

 

 

1

 

 

4,283

 

 

6

 

Total liabilities

 

5

 

 

15,021

 

 

2

 

 

4,511

 

 

1

 

 

112,568

 

 

6

 

Net assets

$

383,231

 

$

8,289,581

 

$

176,584

 

$

28,924,408

 

$

41,308

 

$

105,482,332

 

$

445,366

 

Maximum Unit Value

 

15.720216

 

 

13.232980

 

 

13.150594

 

 

15.070015

 

 

14.944694

 

 

49.690932

 

 

50.872066

 

Minimum Unit Value

 

15.558405

 

 

11.851816

 

 

13.115419

 

 

13.254815

 

 

14.758390

 

 

27.559665

 

 

45.155154

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

28,599

 

 

868,019

 

 

18,318

 

 

1,978,414

 

 

2,772

 

 

4,164,324

 

 

17,044

 

Investments in Funds, at cost

$

349,573

 

$

9,671,772

 

$

199,594

 

$

25,623,649

 

$

38,877

 

$

74,131,316

 

$

390,574

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

$

6,200

 

$

167,834

 

$

4,228

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

1,559

 

 

109,704

 

 

682

 

 

383,100

 

 

194

 

 

1,431,782

 

 

2,131

 

Total expenses

 

1,559

 

 

109,704

 

 

682

 

 

383,100

 

 

194

 

 

1,431,782

 

 

2,131

 

Net investment income (loss)

 

4,641

 

 

58,130

 

 

3,546

 

 

(383,100

)

 

(194

)

 

(1,431,782

)

 

(2,131

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from Funds

 

3,186

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales of investments in Funds

 

4,303

 

 

(636,518

)

 

(4,475

)

 

614,563

 

 

(6

)

 

3,662,907

 

 

26,133

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

51,694

 

 

1,188,310

 

 

18,805

 

 

1,677,170

 

 

3,412

 

 

24,746,277

 

 

92,598

 

Net realized and unrealized gain (loss)

 

59,183

 

 

551,792

 

 

14,330

 

 

2,291,733

 

 

3,406

 

 

28,409,184

 

 

118,731

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

63,824

 

$

609,922

 

$

17,876

 

$

1,908,633

 

$

3,212

 

$

26,977,402

 

$

116,600

 

 

 

See Notes to the Financial Statements.

17


                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Invesco Small Cap Growth Fund - Class A

 

JNL/Invesco Small Cap Growth Fund - Class I

 

JNL/JPMorgan Global Allocation Fund - Class A

 

JNL/JPMorgan Global Allocation Fund - Class I

 

JNL/JPMorgan Hedged Equity Fund - Class A

 

JNL/JPMorgan Hedged Equity Fund - Class I

 

JNL/JPMorgan MidCap Growth Fund - Class A

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, at fair value

$

137,538,059

 

$

1,695,776

 

$

51,169,519

 

$

156,365

 

$

75,108,218

 

$

793,394

 

$

211,079,973

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

38,003

 

 

2,636

 

 

4,080

 

 

2,618

 

 

77,944

 

 

11

 

 

21,287

 

 

Investment Division units sold

 

10,860

 

 

 

 

 

 

 

 

152,614

 

 

 

 

89,623

 

Total assets

 

137,586,922

 

 

1,698,412

 

 

51,173,599

 

 

158,983

 

 

75,338,776

 

 

793,405

 

 

211,190,883

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

10,860

 

 

 

 

 

 

 

 

152,614

 

 

 

 

89,623

 

 

Investment Division units redeemed

 

32,716

 

 

2,614

 

 

2,026

 

 

2,616

 

 

75,309

 

 

 

 

13,381

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

5,287

 

 

22

 

 

2,054

 

 

2

 

 

2,635

 

 

11

 

 

7,906

 

Total liabilities

 

48,863

 

 

2,636

 

 

4,080

 

 

2,618

 

 

230,558

 

 

11

 

 

110,910

 

Net assets

$

137,538,059

 

$

1,695,776

 

$

51,169,519

 

$

156,365

 

$

75,108,218

 

$

793,394

 

$

211,079,973

 

Maximum Unit Value

 

58.330503

 

 

59.656355

 

 

14.506679

 

 

14.384437

 

 

14.719326

 

 

14.628068

 

 

139.889358

 

Minimum Unit Value

 

36.216234

 

 

53.122734

 

 

11.615781

 

 

13.959302

 

 

13.182671

 

 

14.432472

 

 

46.070230

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

4,212,498

 

 

49,124

 

 

3,724,128

 

 

11,185

 

 

5,281,872

 

 

55,173

 

 

3,457,493

 

Investments in Funds, at cost

$

125,285,730

 

$

1,674,102

 

$

42,234,897

 

$

135,198

 

$

65,355,839

 

$

710,180

 

$

163,565,797

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Invesco Small Cap Growth Fund - Class A

 

JNL/Invesco Small Cap Growth Fund - Class I

 

JNL/JPMorgan Global Allocation Fund - Class A

 

JNL/JPMorgan Global Allocation Fund - Class I

 

JNL/JPMorgan Hedged Equity Fund - Class A

 

JNL/JPMorgan Hedged Equity Fund - Class I

 

JNL/JPMorgan MidCap Growth Fund - Class A

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

1,813,656

 

 

5,551

 

 

733,011

 

 

651

 

 

887,588

 

 

3,064

 

 

2,604,896

 

Total expenses

 

1,813,656

 

 

5,551

 

 

733,011

 

 

651

 

 

887,588

 

 

3,064

 

 

2,604,896

 

Net investment income (loss)

 

(1,813,656

)

 

(5,551

)

 

(733,011

)

 

(651

)

 

(887,588

)

 

(3,064

)

 

(2,604,896

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales of investments in Funds

 

697,129

 

 

(28,450

)

 

969,450

 

 

805

 

 

1,377,957

 

 

10,823

 

 

4,956,642

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

14,162,498

 

 

178,737

 

 

5,026,109

 

 

15,522

 

 

8,377,451

 

 

70,220

 

 

35,139,342

 

Net realized and unrealized gain (loss)

 

14,859,627

 

 

150,287

 

 

5,995,559

 

 

16,327

 

 

9,755,408

 

 

81,043

 

 

40,095,984

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

13,045,971

 

$

144,736

 

$

5,262,548

 

$

15,676

 

$

8,867,820

 

$

77,979

 

$

37,491,088

 

 

 

See Notes to the Financial Statements.

18


                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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/JPMorgan U.S. Value Fund - Class A

 

JNL/JPMorgan U.S. Value Fund - Class I

 

JNL/Lazard International Strategic Equity Fund - Class A

 

JNL/Lazard International Strategic Equity Fund - Class I

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, at fair value

$

2,834,214

 

$

67,153,101

 

$

1,886,411

 

$

82,575,002

 

$

824,548

 

$

8,676,136

 

$

58,641

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

104

 

 

53,917

 

 

39

 

 

46,313

 

 

14

 

 

338

 

 

1

 

 

Investment Division units sold

 

 

 

4,358

 

 

 

 

5,686

 

 

 

 

 

 

 

Total assets

 

2,834,318

 

 

67,211,376

 

 

1,886,450

 

 

82,627,001

 

 

824,562

 

 

8,676,474

 

 

58,642

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

 

 

4,358

 

 

 

 

5,686

 

 

 

 

 

 

 

 

Investment Division units redeemed

 

65

 

 

51,405

 

 

17

 

 

43,085

 

 

 

 

51

 

 

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

39

 

 

2,512

 

 

22

 

 

3,228

 

 

14

 

 

287

 

 

1

 

Total liabilities

 

104

 

 

58,275

 

 

39

 

 

51,999

 

 

14

 

 

338

 

 

1

 

Net assets

$

2,834,214

 

$

67,153,101

 

$

1,886,411

 

$

82,575,002

 

$

824,548

 

$

8,676,136

 

$

58,641

 

Maximum Unit Value

 

143.684568

 

 

29.610309

 

 

30.651462

 

 

23.621181

 

 

23.909655

 

 

18.488215

 

 

18.041616

 

Minimum Unit Value

 

122.688157

 

 

15.326910

 

 

26.171789

 

 

15.993072

 

 

21.111129

 

 

14.854872

 

 

16.767083

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

44,409

 

 

5,157,688

 

 

135,615

 

 

5,128,882

 

 

49,942

 

 

562,290

 

 

3,786

 

Investments in Funds, at cost

$

2,538,343

 

$

69,729,605

 

$

1,951,604

 

$

65,963,984

 

$

725,539

 

$

8,221,144

 

$

56,710

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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/JPMorgan U.S. Value Fund - Class A

 

JNL/JPMorgan U.S. Value Fund - Class I

 

JNL/Lazard International Strategic Equity Fund - Class A

 

JNL/Lazard International Strategic Equity Fund - Class I

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

 

$

100,458

 

$

832

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

12,061

 

 

914,835

 

 

7,021

 

 

1,186,827

 

 

4,696

 

 

95,408

 

 

228

 

Total expenses

 

12,061

 

 

914,835

 

 

7,021

 

 

1,186,827

 

 

4,696

 

 

95,408

 

 

228

 

Net investment income (loss)

 

(12,061

)

 

(914,835

)

 

(7,021

)

 

(1,186,827

)

 

(4,696

)

 

5,050

 

 

604

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales of investments in Funds

 

78

 

 

(1,152,605

)

 

(15,442

)

 

3,674,620

 

 

5,845

 

 

(26,158

)

 

(14

)

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

512,879

 

 

3,739,204

 

 

82,972

 

 

3,253,300

 

 

62,931

 

 

1,103,851

 

 

6,403

 

Net realized and unrealized gain (loss)

 

512,957

 

 

2,586,599

 

 

67,530

 

 

6,927,920

 

 

68,776

 

 

1,077,693

 

 

6,389

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

500,896

 

$

1,671,764

 

$

60,509

 

$

5,741,093

 

$

64,080

 

$

1,082,743

 

$

6,993

 

 

 

See Notes to the Financial Statements.

19


                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

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

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, at fair value

$

30,388,642

 

$

306,530

 

$

20,943,097

 

$

685,605

 

$

82,089,751

 

$

838,363

 

$

42,958,109

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

3,035

 

 

5

 

 

854

 

 

122

 

 

43,480

 

 

11

 

 

16,689

 

 

Investment Division units sold

 

11,365

 

 

 

 

145,273

 

 

 

 

146,210

 

 

 

 

4,574

 

Total assets

 

30,403,042

 

 

306,535

 

 

21,089,224

 

 

685,727

 

 

82,279,441

 

 

838,374

 

 

42,979,372

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

11,365

 

 

 

 

145,273

 

 

 

 

146,210

 

 

 

 

4,574

 

 

Investment Division units redeemed

 

1,843

 

 

 

 

141

 

 

112

 

 

40,449

 

 

 

 

15,083

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

1,192

 

 

5

 

 

713

 

 

10

 

 

3,031

 

 

11

 

 

1,606

 

Total liabilities

 

14,400

 

 

5

 

 

146,127

 

 

122

 

 

189,690

 

 

11

 

 

21,263

 

Net assets

$

30,388,642

 

$

306,530

 

$

20,943,097

 

$

685,605

 

$

82,089,751

 

$

838,363

 

$

42,958,109

 

Maximum Unit Value

 

16.560304

 

 

16.436964

 

 

10.502083

 

 

10.460832

 

 

18.427924

 

 

18.846817

 

 

38.455635

 

Minimum Unit Value

 

14.751982

 

 

16.260952

 

 

9.740099

 

 

10.365315

 

 

10.885442

 

 

16.806038

 

 

11.362221

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

1,951,743

 

 

19,401

 

 

2,073,574

 

 

67,481

 

 

7,163,155

 

 

69,574

 

 

2,276,529

 

Investments in Funds, at cost

$

24,820,256

 

$

295,209

 

$

21,099,558

 

$

685,185

 

$

86,599,108

 

$

905,307

 

$

36,406,006

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

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

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

12,218

 

$

833

 

$

591,090

 

$

22,778

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

386,267

 

 

659

 

 

225,622

 

 

3,000

 

 

1,096,231

 

 

4,162

 

 

404,078

 

Total expenses

 

386,267

 

 

659

 

 

225,622

 

 

3,000

 

 

1,096,231

 

 

4,162

 

 

404,078

 

Net investment income (loss)

 

(374,049

)

 

174

 

 

365,468

 

 

19,778

 

 

(1,096,231

)

 

(4,162

)

 

(404,078

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from Funds

 

942,014

 

 

9,342

 

 

 

 

 

 

 

 

 

 

 

 

Sales of investments in Funds

 

977,355

 

 

(24

)

 

(76,566

)

 

(460

)

 

(1,478,200

)

 

(21,241

)

 

362,732

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

5,819,918

 

 

29,038

 

 

460,049

 

 

13,356

 

 

5,411,310

 

 

65,926

 

 

10,976,351

 

Net realized and unrealized gain (loss)

 

7,739,287

 

 

38,356

 

 

383,483

 

 

12,896

 

 

3,933,110

 

 

44,685

 

 

11,339,083

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

7,365,238

 

$

38,530

 

$

748,951

 

$

32,674

 

$

2,836,879

 

$

40,523

 

$

10,935,005

 

 

 

See Notes to the Financial Statements.

20


                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, at fair value

$

317,623

 

$

118,587,950

 

$

362,842

 

$

22,417,034

 

$

156,637

 

$

77,767,983

 

$

709,496

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

16

 

 

202,507

 

 

22

 

 

11,748

 

 

2

 

 

9,830

 

 

9

 

 

Investment Division units sold

 

3,796

 

 

12,168

 

 

 

 

7,961

 

 

 

 

19,354

 

 

 

Total assets

 

321,435

 

 

118,802,625

 

 

362,864

 

 

22,436,743

 

 

156,639

 

 

77,797,167

 

 

709,505

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

3,796

 

 

12,168

 

 

 

 

7,961

 

 

 

 

19,354

 

 

 

 

Investment Division units redeemed

 

11

 

 

197,991

 

 

17

 

 

10,898

 

 

 

 

6,910

 

 

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

5

 

 

4,516

 

 

5

 

 

850

 

 

2

 

 

2,920

 

 

9

 

Total liabilities

 

3,812

 

 

214,675

 

 

22

 

 

19,709

 

 

2

 

 

29,184

 

 

9

 

Net assets

$

317,623

 

$

118,587,950

 

$

362,842

 

$

22,417,034

 

$

156,637

 

$

77,767,983

 

$

709,496

 

Maximum Unit Value

 

20.580119

 

 

76.423232

 

 

78.727442

 

 

15.389713

 

 

15.283289

 

 

46.219983

 

 

45.938248

 

Minimum Unit Value

 

18.050823

 

 

45.120539

 

 

69.067272

 

 

13.242996

 

 

15.092719

 

 

26.628028

 

 

41.317065

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

17,784

 

 

2,914,425

 

 

8,594

 

 

1,456,597

 

 

9,964

 

 

1,682,561

 

 

15,016

 

Investments in Funds, at cost

$

291,838

 

$

87,564,112

 

$

333,854

 

$

20,877,011

 

$

152,565

 

$

62,254,248

 

$

603,735

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

840

 

 

1,454,631

 

 

1,282

 

 

346,870

 

 

1,008

 

 

956,157

 

 

5,209

 

Total expenses

 

840

 

 

1,454,631

 

 

1,282

 

 

346,870

 

 

1,008

 

 

956,157

 

 

5,209

 

Net investment income (loss)

 

(840

)

 

(1,454,631

)

 

(1,282

)

 

(346,870

)

 

(1,008

)

 

(956,157

)

 

(5,209

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales of investments in Funds

 

(5,428

)

 

4,463,905

 

 

(3,862

)

 

674,484

 

 

2,151

 

 

2,392,821

 

 

113,411

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

82,654

 

 

27,960,904

 

 

72,309

 

 

(373,233

)

 

1,585

 

 

7,905,624

 

 

18,640

 

Net realized and unrealized gain (loss)

 

77,226

 

 

32,424,809

 

 

68,447

 

 

301,251

 

 

3,736

 

 

10,298,445

 

 

132,051

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

76,386

 

$

30,970,178

 

$

67,165

 

$

(45,619

)

$

2,728

 

$

9,342,288

 

$

126,842

 

 

 

See Notes to the Financial Statements.

21


                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 Financial Sector Fund - Class A

 

JNL/Mellon Financial Sector Fund - Class I

 

JNL/Mellon Healthcare Sector Fund - Class A

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, at fair value

$

66,823,665

 

$

667,362

 

$

147,035,710

 

$

4,427,019

 

$

113,576,821

 

$

478,217

 

$

291,733,313

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

6,235

 

 

26

 

 

47,285

 

 

66

 

 

15,156

 

 

6

 

 

445,418

 

 

Investment Division units sold

 

1,615

 

 

 

 

76,021

 

 

 

 

22,831

 

 

1,898

 

 

93,576

 

Total assets

 

66,831,515

 

 

667,388

 

 

147,159,016

 

 

4,427,085

 

 

113,614,808

 

 

480,121

 

 

292,272,307

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

1,615

 

 

 

 

76,021

 

 

 

 

22,831

 

 

1,898

 

 

93,576

 

 

Investment Division units redeemed

 

3,697

 

 

17

 

 

41,602

 

 

11

 

 

10,754

 

 

 

 

434,105

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

2,538

 

 

9

 

 

5,683

 

 

55

 

 

4,402

 

 

6

 

 

11,313

 

Total liabilities

 

7,850

 

 

26

 

 

123,306

 

 

66

 

 

37,987

 

 

1,904

 

 

538,994

 

Net assets

$

66,823,665

 

$

667,362

 

$

147,035,710

 

$

4,427,019

 

$

113,576,821

 

$

478,217

 

$

291,733,313

 

Maximum Unit Value

 

12.502984

 

 

12.561536

 

 

60.640477

 

 

62.514290

 

 

31.441941

 

 

32.423671

 

 

69.523096

 

Minimum Unit Value

 

9.413817

 

 

11.924499

 

 

33.271111

 

 

54.836420

 

 

18.564866

 

 

28.441217

 

 

39.586009

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

6,091,492

 

 

59,799

 

 

4,114,038

 

 

119,649

 

 

5,946,430

 

 

24,524

 

 

6,773,469

 

Investments in Funds, at cost

$

67,066,571

 

$

690,717

 

$

112,213,907

 

$

4,299,793

 

$

90,827,859

 

$

431,189

 

$

217,545,634

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 Financial Sector Fund - Class A

 

JNL/Mellon Financial Sector Fund - Class I

 

JNL/Mellon Healthcare Sector Fund - Class A

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

905,025

 

 

2,877

 

 

2,305,980

 

 

16,363

 

 

1,539,097

 

 

2,039

 

 

4,184,578

 

Total expenses

 

905,025

 

 

2,877

 

 

2,305,980

 

 

16,363

 

 

1,539,097

 

 

2,039

 

 

4,184,578

 

Net investment income (loss)

 

(905,025

)

 

(2,877

)

 

(2,305,980

)

 

(16,363

)

 

(1,539,097

)

 

(2,039

)

 

(4,184,578

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales of investments in Funds

 

(603,731

)

 

(10,261

)

 

20,629,158

 

 

68,287

 

 

3,336,626

 

 

(2,159

)

 

16,677,189

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

6,380,922

 

 

67,497

 

 

(24,024,895

)

 

(68,115

)

 

11,927,177

 

 

65,419

 

 

(12,885,324

)

Net realized and unrealized gain (loss)

 

5,777,191

 

 

57,236

 

 

(3,395,737

)

 

172

 

 

15,263,803

 

 

63,260

 

 

3,791,865

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

4,872,166

 

$

54,359

 

$

(5,701,717

)

$

(16,191

)

$

13,724,706

 

$

61,221

 

$

(392,713

)

 

 

See Notes to the Financial Statements.

22


                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Mellon Healthcare Sector 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

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, at fair value

$

977,086

 

$

14,100,714

 

$

205,954

 

$

505,944,397

 

$

2,167,033

 

$

180,434,688

 

$

2,584,386

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

24

 

 

7,910

 

 

2

 

 

790,348

 

 

29

 

 

191,811

 

 

34

 

 

Investment Division units sold

 

 

 

26,618

 

 

 

 

134,757

 

 

11,388

 

 

161,336

 

 

 

Total assets

 

977,110

 

 

14,135,242

 

 

205,956

 

 

506,869,502

 

 

2,178,450

 

 

180,787,835

 

 

2,584,420

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

 

 

26,618

 

 

 

 

134,757

 

 

11,388

 

 

161,336

 

 

 

 

Investment Division units redeemed

 

11

 

 

7,390

 

 

 

 

770,386

 

 

 

 

184,901

 

 

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

13

 

 

520

 

 

2

 

 

19,962

 

 

29

 

 

6,910

 

 

34

 

Total liabilities

 

24

 

 

34,528

 

 

2

 

 

925,105

 

 

11,417

 

 

353,147

 

 

34

 

Net assets

$

977,086

 

$

14,100,714

 

$

205,954

 

$

505,944,397

 

$

2,167,033

 

$

180,434,688

 

$

2,584,386

 

Maximum Unit Value

 

71.595835

 

 

17.265619

 

 

17.808269

 

 

85.373870

 

 

70.844211

 

 

32.252611

 

 

32.997844

 

Minimum Unit Value

 

62.801509

 

 

15.766587

 

 

17.531455

 

 

36.335397

 

 

62.139111

 

 

18.225169

 

 

29.424691

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

22,171

 

 

789,072

 

 

11,279

 

 

10,986,849

 

 

45,279

 

 

11,724,151

 

 

158,941

 

Investments in Funds, at cost

$

891,887

 

$

11,657,976

 

$

170,102

 

$

285,401,222

 

$

1,634,894

 

$

167,727,164

 

$

2,401,467

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Mellon Healthcare Sector 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

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

5,310

 

 

162,016

 

 

842

 

 

6,162,340

 

 

8,001

 

 

2,441,702

 

 

11,826

 

Total expenses

 

5,310

 

 

162,016

 

 

842

 

 

6,162,340

 

 

8,001

 

 

2,441,702

 

 

11,826

 

Net investment income (loss)

 

(5,310

)

 

(162,016

)

 

(842

)

 

(6,162,340

)

 

(8,001

)

 

(2,441,702

)

 

(11,826

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales of investments in Funds

 

36,441

 

 

348,551

 

 

6,086

 

 

35,967,478

 

 

109,341

 

 

(127,148

)

 

5,350

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

(15,701

)

 

1,951,392

 

 

28,894

 

 

153,242,609

 

 

607,209

 

 

27,964,822

 

 

401,486

 

Net realized and unrealized gain (loss)

 

20,740

 

 

2,299,943

 

 

34,980

 

 

189,210,087

 

 

716,550

 

 

27,837,674

 

 

406,836

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

15,430

 

$

2,137,927

 

$

34,138

 

$

183,047,747

 

$

708,549

 

$

25,395,972

 

$

395,010

 

 

 

See Notes to the Financial Statements.

23


                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Mellon Materials Sector Fund - Class A

 

JNL/Mellon Materials Sector 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

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, at fair value

$

12,064,951

 

$

190,756

 

$

515,572,804

 

$

4,779,404

 

$

16,846,987

 

$

381,391

 

$

263,063,728

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

4,246

 

 

3

 

 

320,135

 

 

366

 

 

1,281

 

 

5

 

 

316,245

 

 

Investment Division units sold

 

4,000

 

 

 

 

346,149

 

 

11,388

 

 

1,202

 

 

 

 

248,558

 

Total assets

 

12,073,197

 

 

190,759

 

 

516,239,088

 

 

4,791,158

 

 

16,849,470

 

 

381,396

 

 

263,628,531

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

4,000

 

 

 

 

346,149

 

 

11,388

 

 

1,202

 

 

 

 

248,558

 

 

Investment Division units redeemed

 

3,798

 

 

 

 

300,555

 

 

300

 

 

650

 

 

 

 

306,206

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

448

 

 

3

 

 

19,580

 

 

66

 

 

631

 

 

5

 

 

10,039

 

Total liabilities

 

8,246

 

 

3

 

 

666,284

 

 

11,754

 

 

2,483

 

 

5

 

 

564,803

 

Net assets

$

12,064,951

 

$

190,756

 

$

515,572,804

 

$

4,779,404

 

$

16,846,987

 

$

381,391

 

$

263,063,728

 

Maximum Unit Value

 

15.531173

 

 

16.316098

 

 

97.292847

 

 

94.325524

 

 

13.359955

 

 

13.263515

 

 

67.405630

 

Minimum Unit Value

 

14.453329

 

 

16.062643

 

 

59.799853

 

 

77.282871

 

 

11.565387

 

 

13.057694

 

 

38.079367

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

736,566

 

 

11,402

 

 

8,510,611

 

 

118,039

 

 

1,261,002

 

 

28,044

 

 

8,332,712

 

Investments in Funds, at cost

$

10,824,703

 

$

167,026

 

$

352,265,304

 

$

3,692,751

 

$

16,156,177

 

$

378,917

 

$

189,316,067

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Mellon Materials Sector Fund - Class A

 

JNL/Mellon Materials Sector 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

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

166,820

 

 

1,168

 

 

5,814,954

 

 

20,851

 

 

213,821

 

 

1,838

 

 

3,441,744

 

Total expenses

 

166,820

 

 

1,168

 

 

5,814,954

 

 

20,851

 

 

213,821

 

 

1,838

 

 

3,441,744

 

Net investment income (loss)

 

(166,820

)

 

(1,168

)

 

(5,814,954

)

 

(20,851

)

 

(213,821

)

 

(1,838

)

 

(3,441,744

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales of investments in Funds

 

157,912

 

 

11,317

 

 

19,202,353

 

 

241,285

 

 

(249,403

)

 

(11,508

)

 

10,177,152

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

1,330,400

 

 

23,803

 

 

154,632,611

 

 

1,491,205

 

 

1,953,664

 

 

51,658

 

 

26,377,534

 

Net realized and unrealized gain (loss)

 

1,488,312

 

 

35,120

 

 

173,834,964

 

 

1,732,490

 

 

1,704,261

 

 

40,150

 

 

36,554,686

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

1,321,492

 

$

33,952

 

$

168,020,010

 

$

1,711,639

 

$

1,490,440

 

$

38,312

 

$

33,112,942

 

 

 

See Notes to the Financial Statements.

24


                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 U.S. Stock Market Index Fund - Class A

 

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

 

JNL/Mellon Utilities Sector Fund - Class A

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, at fair value

$

2,859,482

 

$

1,121,777,793

 

$

194,527,076

 

$

2,405,973

 

$

433,180,374

 

$

1,957,655

 

$

25,371,087

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

290

 

 

629,835

 

 

332,008

 

 

189

 

 

137,007

 

 

77

 

 

5,004

 

 

Investment Division units sold

 

 

 

280,834

 

 

237,471

 

 

 

 

5

 

 

 

 

1,166

 

Total assets

 

2,859,772

 

 

1,122,688,462

 

 

195,096,555

 

 

2,406,162

 

 

433,317,386

 

 

1,957,732

 

 

25,377,257

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

 

 

280,834

 

 

237,471

 

 

 

 

5

 

 

 

 

1,166

 

 

Investment Division units redeemed

 

252

 

 

587,363

 

 

324,510

 

 

156

 

 

119,896

 

 

51

 

 

4,055

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

38

 

 

42,472

 

 

7,498

 

 

33

 

 

17,111

 

 

26

 

 

949

 

Total liabilities

 

290

 

 

910,669

 

 

569,479

 

 

189

 

 

137,012

 

 

77

 

 

6,170

 

Net assets

$

2,859,482

 

$

1,121,777,793

 

$

194,527,076

 

$

2,405,973

 

$

433,180,374

 

$

1,957,655

 

$

25,371,087

 

Maximum Unit Value

 

68.719652

 

 

57.482077

 

 

56.267830

 

 

57.391605

 

 

19.930000

 

 

19.856963

 

 

20.707195

 

Minimum Unit Value

 

61.278452

 

 

31.966127

 

 

31.788060

 

 

48.442757

 

 

17.291702

 

 

19.548808

 

 

16.637200

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

87,419

 

 

30,034,211

 

 

7,402,096

 

 

88,357

 

 

21,735,092

 

 

96,341

 

 

1,461,468

 

Investments in Funds, at cost

$

2,410,243

 

$

777,991,018

 

$

153,485,927

 

$

2,037,301

 

$

368,266,654

 

$

1,722,912

 

$

25,786,116

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 U.S. Stock Market Index Fund - Class A

 

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

 

JNL/Mellon Utilities Sector Fund - Class A

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

12,633

 

 

13,870,969

 

 

2,512,906

 

 

11,369

 

 

5,846,489

 

 

8,873

 

 

403,547

 

Total expenses

 

12,633

 

 

13,870,969

 

 

2,512,906

 

 

11,369

 

 

5,846,489

 

 

8,873

 

 

403,547

 

Net investment income (loss)

 

(12,633

)

 

(13,870,969

)

 

(2,512,906

)

 

(11,369

)

 

(5,846,489

)

 

(8,873

)

 

(403,547

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales of investments in Funds

 

45,883

 

 

48,147,766

 

 

5,231,731

 

 

46,334

 

 

3,671,753

 

 

21,689

 

 

(24,474

)

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

355,094

 

 

181,391,444

 

 

21,121,859

 

 

290,288

 

 

89,789,975

 

 

399,056

 

 

(2,679,459

)

Net realized and unrealized gain (loss)

 

400,977

 

 

229,539,210

 

 

26,353,590

 

 

336,622

 

 

93,461,728

 

 

420,745

 

 

(2,703,933

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

388,344

 

$

215,668,241

 

$

23,840,684

 

$

325,253

 

$

87,615,239

 

$

411,872

 

$

(3,107,480

)

 

 

See Notes to the Financial Statements.

25


                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Mellon Utilities Sector Fund - Class I

 

JNL/Mellon World Index Fund - Class A

 

JNL/Mellon World Index Fund - Class I

 

JNL/MFS Mid Cap Value Fund - Class A

 

JNL/MFS Mid Cap Value Fund - Class I

 

JNL/Morningstar PitchBook Listed Private Equity Index Fund - Class A

 

JNL/Morningstar U.S. Sustainability Index Fund - Class A

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, at fair value

$

281,282

 

$

16,223,223

 

$

424,220

 

$

147,873,939

 

$

1,039,569

 

$

1,309,209

 

$

26,124,206

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

6

 

 

32,898

 

 

72

 

 

65,015

 

 

14

 

 

36

 

 

1,913

 

 

Investment Division units sold

 

 

 

 

 

 

 

23,353

 

 

 

 

 

 

2

 

Total assets

 

281,288

 

 

16,256,121

 

 

424,292

 

 

147,962,307

 

 

1,039,583

 

 

1,309,245

 

 

26,126,121

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

 

 

 

 

 

 

23,353

 

 

 

 

 

 

2

 

 

Investment Division units redeemed

 

2

 

 

32,370

 

 

67

 

 

59,132

 

 

 

 

 

 

961

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

4

 

 

528

 

 

5

 

 

5,883

 

 

14

 

 

36

 

 

952

 

Total liabilities

 

6

 

 

32,898

 

 

72

 

 

88,368

 

 

14

 

 

36

 

 

1,915

 

Net assets

$

281,282

 

$

16,223,223

 

$

424,220

 

$

147,873,939

 

$

1,039,569

 

$

1,309,209

 

$

26,124,206

 

Maximum Unit Value

 

20.288125

 

 

46.890234

 

 

46.655828

 

 

44.326008

 

 

44.733603

 

 

11.180017

 

 

22.414519

 

Minimum Unit Value

 

18.156524

 

 

28.721887

 

 

44.614832

 

 

28.049092

 

 

41.025529

 

 

10.812086

 

 

19.545091

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

15,883

 

 

434,240

 

 

11,214

 

 

8,093,812

 

 

55,681

 

 

117,103

 

 

1,194,522

 

Investments in Funds, at cost

$

284,152

 

$

13,279,354

 

$

382,447

 

$

108,846,515

 

$

882,219

 

$

1,132,815

 

$

21,905,437

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Mellon Utilities Sector Fund - Class I

 

JNL/Mellon World Index Fund - Class A

 

JNL/Mellon World Index Fund - Class I

 

JNL/MFS Mid Cap Value Fund - Class A

 

JNL/MFS Mid Cap Value Fund - Class I

 

JNL/Morningstar PitchBook Listed Private Equity Index Fund - Class A

 

JNL/Morningstar U.S. Sustainability Index Fund - Class A

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

1,561

 

 

173,873

 

 

1,803

 

 

2,044,953

 

 

4,727

 

 

6,102

 

 

282,312

 

Total expenses

 

1,561

 

 

173,873

 

 

1,803

 

 

2,044,953

 

 

4,727

 

 

6,102

 

 

282,312

 

Net investment income (loss)

 

(1,561

)

 

(173,873

)

 

(1,803

)

 

(2,044,953

)

 

(4,727

)

 

(6,102

)

 

(282,312

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales of investments in Funds

 

(2,085

)

 

263,244

 

 

4,296

 

 

6,040,288

 

 

12,895

 

 

528

 

 

459,022

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

(23,286

)

 

2,830,018

 

 

79,928

 

 

10,645,363

 

 

109,024

 

 

292,895

 

 

4,505,638

 

Net realized and unrealized gain (loss)

 

(25,371

)

 

3,093,262

 

 

84,224

 

 

16,685,651

 

 

121,919

 

 

293,423

 

 

4,964,660

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

(26,932

)

$

2,919,389

 

$

82,421

 

$

14,640,698

 

$

117,192

 

$

287,321

 

$

4,682,348

 

 

 

See Notes to the Financial Statements.

26


                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Morningstar U.S. Sustainability Index 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 Gold Plus Strategy Fund - Class A

 

JNL/Neuberger Berman Strategic Income Fund - Class A

 

JNL/Neuberger Berman Strategic Income Fund - Class I

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, at fair value

$

846,460

 

$

42,723,731

 

$

410,058

 

$

3,131,453

 

$

1,351,894

 

$

47,454,105

 

$

365,419

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

11

 

 

3,313

 

 

6

 

 

83

 

 

41

 

 

10,984

 

 

5

 

 

Investment Division units sold

 

 

 

170,354

 

 

 

 

 

 

174

 

 

26,154

 

 

 

Total assets

 

846,471

 

 

42,897,398

 

 

410,064

 

 

3,131,536

 

 

1,352,109

 

 

47,491,243

 

 

365,424

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

 

 

170,354

 

 

 

 

 

 

174

 

 

26,154

 

 

 

 

Investment Division units redeemed

 

 

 

1,732

 

 

 

 

3

 

 

 

 

9,300

 

 

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

11

 

 

1,581

 

 

6

 

 

80

 

 

41

 

 

1,684

 

 

5

 

Total liabilities

 

11

 

 

173,667

 

 

6

 

 

83

 

 

215

 

 

37,138

 

 

5

 

Net assets

$

846,460

 

$

42,723,731

 

$

410,058

 

$

3,131,453

 

$

1,351,894

 

$

47,454,105

 

$

365,419

 

Maximum Unit Value

 

22.242863

 

 

20.031350

 

 

19.860819

 

 

9.918761

 

 

10.325211

 

 

14.139290

 

 

14.169736

 

Minimum Unit Value

 

21.918283

 

 

17.700269

 

 

19.648393

 

 

8.789504

 

 

10.282065

 

 

10.685119

 

 

13.510058

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

37,958

 

 

3,420,635

 

 

32,390

 

 

198,319

 

 

128,752

 

 

3,915,355

 

 

29,565

 

Investments in Funds, at cost

$

682,266

 

$

41,555,868

 

$

386,771

 

$

2,949,112

 

$

1,280,470

 

$

44,654,030

 

$

343,076

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Morningstar U.S. Sustainability Index 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 Gold Plus Strategy Fund - Class A

 

JNL/Neuberger Berman Strategic Income Fund - Class A

 

JNL/Neuberger Berman Strategic Income Fund - Class I

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

262,840

 

$

3,091

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

3,496

 

 

403,177

 

 

2,454

 

 

34,113

 

 

16,236

 

 

600,137

 

 

1,536

 

Total expenses

 

3,496

 

 

403,177

 

 

2,454

 

 

34,113

 

 

16,236

 

 

600,137

 

 

1,536

 

Net investment income (loss)

 

(3,496

)

 

(140,337

)

 

637

 

 

(34,113

)

 

(16,236

)

 

(600,137

)

 

(1,536

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from Funds

 

 

 

1,545,890

 

 

15,057

 

 

 

 

 

 

 

 

 

 

Sales of investments in Funds

 

10,990

 

 

(468,479

)

 

6,385

 

 

156,273

 

 

16,946

 

 

2,861

 

 

416

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

168,030

 

 

6,387,654

 

 

76,295

 

 

(364,939

)

 

81,335

 

 

4,261,428

 

 

32,361

 

Net realized and unrealized gain (loss)

 

179,020

 

 

7,465,065

 

 

97,737

 

 

(208,666

)

 

98,281

 

 

4,264,289

 

 

32,777

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

175,524

 

$

7,324,728

 

$

98,374

 

$

(242,779

)

$

82,045

 

$

3,664,152

 

$

31,241

 

 

 

See Notes to the Financial Statements.

27


                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Newton Equity Income Fund - Class A

 

JNL/Newton Equity 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

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, at fair value

$

89,231,415

 

$

2,886,250

 

$

50,014,448

 

$

1,153,023

 

$

38,539,466

 

$

542,726

 

$

76,657,259

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

5,415

 

 

93

 

 

3,414

 

 

17

 

 

2,734

 

 

9

 

 

31,477

 

 

Investment Division units sold

 

54,359

 

 

 

 

157,289

 

 

 

 

8,751

 

 

 

 

1,089

 

Total assets

 

89,291,189

 

 

2,886,343

 

 

50,175,151

 

 

1,153,040

 

 

38,550,951

 

 

542,735

 

 

76,689,825

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

54,359

 

 

 

 

157,289

 

 

 

 

8,751

 

 

 

 

1,089

 

 

Investment Division units redeemed

 

2,203

 

 

58

 

 

1,632

 

 

 

 

1,294

 

 

 

 

28,574

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

3,212

 

 

35

 

 

1,782

 

 

17

 

 

1,440

 

 

9

 

 

2,903

 

Total liabilities

 

59,774

 

 

93

 

 

160,703

 

 

17

 

 

11,485

 

 

9

 

 

32,566

 

Net assets

$

89,231,415

 

$

2,886,250

 

$

50,014,448

 

$

1,153,023

 

$

38,539,466

 

$

542,726

 

$

76,657,259

 

Maximum Unit Value

 

40.248554

 

 

39.109080

 

 

11.567559

 

 

11.508041

 

 

13.860750

 

 

13.174483

 

 

18.390128

 

Minimum Unit Value

 

30.611155

 

 

30.818198

 

 

10.172776

 

 

11.153246

 

 

10.925617

 

 

12.644620

 

 

12.243585

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

3,115,622

 

 

99,048

 

 

4,461,592

 

 

100,965

 

 

3,216,984

 

 

44,669

 

 

6,795,856

 

Investments in Funds, at cost

$

76,857,331

 

$

2,566,091

 

$

47,146,007

 

$

1,090,292

 

$

39,831,038

 

$

567,370

 

$

77,079,221

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Newton Equity Income Fund - Class A

 

JNL/Newton Equity 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

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

1,123,308

 

 

11,644

 

 

619,265

 

 

5,839

 

 

502,166

 

 

2,840

 

 

1,109,247

 

Total expenses

 

1,123,308

 

 

11,644

 

 

619,265

 

 

5,839

 

 

502,166

 

 

2,840

 

 

1,109,247

 

Net investment income (loss)

 

(1,123,308

)

 

(11,644

)

 

(619,265

)

 

(5,839

)

 

(502,166

)

 

(2,840

)

 

(1,109,247

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales of investments in Funds

 

3,300,771

 

 

37,459

 

 

69,796

 

 

128

 

 

(659,726

)

 

(2,208

)

 

(693,670

)

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

4,938,547

 

 

229,393

 

 

3,753,528

 

 

90,387

 

 

3,429,234

 

 

39,907

 

 

3,716,182

 

Net realized and unrealized gain (loss)

 

8,239,318

 

 

266,852

 

 

3,823,324

 

 

90,515

 

 

2,769,508

 

 

37,699

 

 

3,022,512

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

7,116,010

 

$

255,208

 

$

3,204,059

 

$

84,676

 

$

2,267,342

 

$

34,859

 

$

1,913,265

 

 

 

See Notes to the Financial Statements.

28


                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 Total Return Fund - Class A

 

JNL/PPM America Total Return Fund - Class I

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, at fair value

$

945,210

 

$

88,294,859

 

$

722,127

 

$

86,100,154

 

$

515,009

 

$

47,650,649

 

$

432,685

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

4,951

 

 

20,858

 

 

10

 

 

23,678

 

 

6

 

 

3,965

 

 

6

 

 

Investment Division units sold

 

 

 

11,475

 

 

 

 

14,073

 

 

 

 

23,915

 

 

 

Total assets

 

950,161

 

 

88,327,192

 

 

722,137

 

 

86,137,905

 

 

515,015

 

 

47,678,529

 

 

432,691

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

 

 

11,475

 

 

 

 

14,073

 

 

 

 

23,915

 

 

 

 

Investment Division units redeemed

 

4,938

 

 

17,608

 

 

 

 

20,447

 

 

 

 

2,230

 

 

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

13

 

 

3,250

 

 

10

 

 

3,231

 

 

6

 

 

1,735

 

 

6

 

Total liabilities

 

4,951

 

 

32,333

 

 

10

 

 

37,751

 

 

6

 

 

27,880

 

 

6

 

Net assets

$

945,210

 

$

88,294,859

 

$

722,127

 

$

86,100,154

 

$

515,009

 

$

47,650,649

 

$

432,685

 

Maximum Unit Value

 

18.634061

 

 

15.195840

 

 

14.689547

 

 

34.908607

 

 

35.968400

 

 

20.532030

 

 

19.701415

 

Minimum Unit Value

 

16.453119

 

 

11.269717

 

 

12.565171

 

 

17.829694

 

 

31.275368

 

 

14.540623

 

 

12.806914

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

81,695

 

 

7,178,444

 

 

57,770

 

 

5,594,552

 

 

28,143

 

 

3,772,815

 

 

33,830

 

Investments in Funds, at cost

$

964,370

 

$

79,505,421

 

$

666,389

 

$

77,862,263

 

$

479,434

 

$

48,637,864

 

$

431,149

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 Total Return Fund - Class A

 

JNL/PPM America Total Return Fund - Class I

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

4,458

 

 

1,137,010

 

 

8,077

 

 

1,160,519

 

 

2,310

 

 

612,404

 

 

2,010

 

Total expenses

 

4,458

 

 

1,137,010

 

 

8,077

 

 

1,160,519

 

 

2,310

 

 

612,404

 

 

2,010

 

Net investment income (loss)

 

(4,458

)

 

(1,137,010

)

 

(8,077

)

 

(1,160,519

)

 

(2,310

)

 

(612,404

)

 

(2,010

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales of investments in Funds

 

(6,620

)

 

1,147,289

 

 

(19,411

)

 

572,709

 

 

662

 

 

(569,974

)

 

(1,860

)

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

44,930

 

 

9,396,184

 

 

239,898

 

 

9,573,284

 

 

60,474

 

 

3,539,682

 

 

28,363

 

Net realized and unrealized gain (loss)

 

38,310

 

 

10,543,473

 

 

220,487

 

 

10,145,993

 

 

61,136

 

 

2,969,708

 

 

26,503

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

33,852

 

$

9,406,463

 

$

212,410

 

$

8,985,474

 

$

58,826

 

$

2,357,304

 

$

24,493

 

 

 

See Notes to the Financial Statements.

29


                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

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

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, at fair value

$

23,655,411

 

$

391,070

 

$

162,295,436

 

$

84,245

 

$

31,600,620

 

$

93,895

 

$

809,114,423

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

220,529

 

 

5

 

 

837,121

 

 

1

 

 

9,306

 

 

1

 

 

215,118

 

 

Investment Division units sold

 

274,520

 

 

 

 

36,394

 

 

 

 

37,431

 

 

 

 

209,039

 

Total assets

 

24,150,460

 

 

391,075

 

 

163,168,951

 

 

84,246

 

 

31,647,357

 

 

93,896

 

 

809,538,580

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

274,520

 

 

 

 

36,394

 

 

 

 

37,431

 

 

 

 

209,039

 

 

Investment Division units redeemed

 

219,619

 

 

 

 

830,262

 

 

 

 

8,295

 

 

 

 

186,211

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

910

 

 

5

 

 

6,859

 

 

1

 

 

1,011

 

 

1

 

 

28,907

 

Total liabilities

 

495,049

 

 

5

 

 

873,515

 

 

1

 

 

46,737

 

 

1

 

 

424,157

 

Net assets

$

23,655,411

 

$

391,070

 

$

162,295,436

 

$

84,245

 

$

31,600,620

 

$

93,895

 

$

809,114,423

 

Maximum Unit Value

 

28.188759

 

 

28.565240

 

 

40.639320

 

 

41.258374

 

 

16.609981

 

 

16.267766

 

 

27.401582

 

Minimum Unit Value

 

19.370490

 

 

26.362818

 

 

23.713402

 

 

37.446922

 

 

13.621006

 

 

15.955070

 

 

21.628432

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

2,697,310

 

 

45,106

 

 

7,940,090

 

 

4,064

 

 

1,902,506

 

 

5,553

 

 

32,533,752

 

Investments in Funds, at cost

$

20,814,922

 

$

331,066

 

$

104,531,629

 

$

67,448

 

$

27,067,616

 

$

83,400

 

$

629,602,004

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

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

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

316,241

 

 

1,598

 

 

2,452,732

 

 

727

 

 

345,472

 

 

374

 

 

9,479,692

 

Total expenses

 

316,241

 

 

1,598

 

 

2,452,732

 

 

727

 

 

345,472

 

 

374

 

 

9,479,692

 

Net investment income (loss)

 

(316,241

)

 

(1,598

)

 

(2,452,732

)

 

(727

)

 

(345,472

)

 

(374

)

 

(9,479,692

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales of investments in Funds

 

178,243

 

 

7,680

 

 

9,073,179

 

 

12,942

 

 

467,259

 

 

18

 

 

19,082,088

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

3,474,938

 

 

53,959

 

 

9,030,058

 

 

3,343

 

 

4,316,534

 

 

14,190

 

 

104,761,096

 

Net realized and unrealized gain (loss)

 

3,653,181

 

 

61,639

 

 

18,103,237

 

 

16,285

 

 

4,783,793

 

 

14,208

 

 

123,843,184

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

3,336,940

 

$

60,041

 

$

15,650,505

 

$

15,558

 

$

4,438,321

 

$

13,834

 

$

114,363,492

 

 

 

See Notes to the Financial Statements.

30


                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, at fair value

$

7,931,154

 

$

669,920,310

 

$

6,361,907

 

$

369,364,691

 

$

3,275,404

 

$

66,027,482

 

$

2,654,467

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

107

 

 

217,745

 

 

346

 

 

69,752

 

 

2,672

 

 

3,764

 

 

30

 

 

Investment Division units sold

 

 

 

190,915

 

 

 

 

69,124

 

 

 

 

6,921

 

 

 

Total assets

 

7,931,261

 

 

670,328,970

 

 

6,362,253

 

 

369,503,567

 

 

3,278,076

 

 

66,038,167

 

 

2,654,497

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

 

 

190,915

 

 

 

 

69,124

 

 

 

 

6,921

 

 

 

 

Investment Division units redeemed

 

 

 

192,101

 

 

264

 

 

54,882

 

 

2,632

 

 

1,351

 

 

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

107

 

 

25,644

 

 

82

 

 

14,870

 

 

40

 

 

2,413

 

 

30

 

Total liabilities

 

107

 

 

408,660

 

 

346

 

 

138,876

 

 

2,672

 

 

10,685

 

 

30

 

Net assets

$

7,931,154

 

$

669,920,310

 

$

6,361,907

 

$

369,364,691

 

$

3,275,404

 

$

66,027,482

 

$

2,654,467

 

Maximum Unit Value

 

26.934088

 

 

183.088097

 

 

189.605318

 

 

247.145225

 

 

256.029190

 

 

13.169914

 

 

13.366412

 

Minimum Unit Value

 

25.492997

 

 

54.521802

 

 

161.894945

 

 

80.611193

 

 

218.609888

 

 

8.619176

 

 

12.256307

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

313,484

 

 

9,463,488

 

 

85,567

 

 

5,049,415

 

 

42,030

 

 

6,276,377

 

 

246,012

 

Investments in Funds, at cost

$

6,556,221

 

$

487,561,606

 

$

5,588,990

 

$

263,974,677

 

$

2,754,712

 

$

64,279,759

 

$

2,606,909

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

35,546

 

 

8,297,395

 

 

24,638

 

 

5,093,502

 

 

13,343

 

 

932,429

 

 

16,174

 

Total expenses

 

35,546

 

 

8,297,395

 

 

24,638

 

 

5,093,502

 

 

13,343

 

 

932,429

 

 

16,174

 

Net investment income (loss)

 

(35,546

)

 

(8,297,395

)

 

(24,638

)

 

(5,093,502

)

 

(13,343

)

 

(932,429

)

 

(16,174

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales of investments in Funds

 

176,161

 

 

19,571,169

 

 

32,207

 

 

13,626,618

 

 

25,970

 

 

(60,954

)

 

3,913

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

1,080,834

 

 

206,705,317

 

 

1,956,303

 

 

49,858,445

 

 

526,809

 

 

3,314,255

 

 

176,310

 

Net realized and unrealized gain (loss)

 

1,256,995

 

 

226,276,486

 

 

1,988,510

 

 

63,485,063

 

 

552,779

 

 

3,253,301

 

 

180,223

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

1,221,449

 

$

217,979,091

 

$

1,963,872

 

$

58,391,561

 

$

539,436

 

$

2,320,872

 

$

164,049

 

 

 

See Notes to the Financial Statements.

31


                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 Growth ETF Allocation Fund - Class A

 

JNL/Vanguard Growth ETF Allocation Fund - Class I

 

JNL/Vanguard Moderate ETF Allocation Fund - Class A

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, at fair value

$

14,295,374

 

$

81,466

 

$

276,613,220

 

$

3,435,948

 

$

150,664,563

 

$

6,621,077

 

$

42,399,667

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

610

 

 

1

 

 

51,056

 

 

354

 

 

47,059

 

 

93

 

 

5,313

 

 

Investment Division units sold

 

 

 

 

 

58,717

 

 

 

 

24,337

 

 

 

 

8,000

 

Total assets

 

14,295,984

 

 

81,467

 

 

276,722,993

 

 

3,436,302

 

 

150,735,959

 

 

6,621,170

 

 

42,412,980

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

 

 

 

 

58,717

 

 

 

 

24,337

 

 

 

 

8,000

 

 

Investment Division units redeemed

 

135

 

 

 

 

40,022

 

 

312

 

 

41,323

 

 

 

 

3,851

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

475

 

 

1

 

 

11,034

 

 

42

 

 

5,736

 

 

93

 

 

1,462

 

Total liabilities

 

610

 

 

1

 

 

109,773

 

 

354

 

 

71,396

 

 

93

 

 

13,313

 

Net assets

$

14,295,374

 

$

81,466

 

$

276,613,220

 

$

3,435,948

 

$

150,664,563

 

$

6,621,077

 

$

42,399,667

 

Maximum Unit Value

 

12.505839

 

 

12.365825

 

 

64.858745

 

 

66.469111

 

 

14.699997

 

 

14.726384

 

 

12.469995

 

Minimum Unit Value

 

10.683796

 

 

12.106094

 

 

35.050729

 

 

58.617197

 

 

12.768578

 

 

14.497927

 

 

11.002370

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

1,236,624

 

 

7,005

 

 

11,271,932

 

 

131,746

 

 

10,249,290

 

 

438,482

 

 

3,400,133

 

Investments in Funds, at cost

$

13,521,787

 

$

77,610

 

$

214,457,626

 

$

2,803,623

 

$

142,198,514

 

$

6,155,949

 

$

39,503,082

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 Growth ETF Allocation Fund - Class A

 

JNL/Vanguard Growth ETF Allocation Fund - Class I

 

JNL/Vanguard Moderate ETF Allocation Fund - Class A

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

153,769

 

 

280

 

 

3,793,880

 

 

15,900

 

 

2,009,643

 

 

30,757

 

 

519,434

 

Total expenses

 

153,769

 

 

280

 

 

3,793,880

 

 

15,900

 

 

2,009,643

 

 

30,757

 

 

519,434

 

Net investment income (loss)

 

(153,769

)

 

(280

)

 

(3,793,880

)

 

(15,900

)

 

(2,009,643

)

 

(30,757

)

 

(519,434

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales of investments in Funds

 

(24,542

)

 

(681

)

 

8,170,997

 

 

245,362

 

 

(504,038

)

 

(4,606

)

 

45,346

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

1,629,037

 

 

8,606

 

 

22,040,419

 

 

167,826

 

 

19,968,573

 

 

830,651

 

 

3,851,757

 

Net realized and unrealized gain (loss)

 

1,604,495

 

 

7,925

 

 

30,211,416

 

 

413,188

 

 

19,464,535

 

 

826,045

 

 

3,897,103

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

1,450,726

 

$

7,645

 

$

26,417,536

 

$

397,288

 

$

17,454,892

 

$

795,288

 

$

3,377,669

 

 

 

See Notes to the Financial Statements.

32


                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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/WCM China Quality Growth Fund - Class A

 

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 in Funds, at fair value

$

1,631,057

 

$

62,532,058

 

$

5,167,063

 

$

201,098

 

$

65,513,301

 

$

900,339

 

$

2,990,693

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

20

 

 

91,814

 

 

65

 

 

5

 

 

5,148

 

 

11

 

 

113

 

 

Investment Division units sold

 

 

 

1,787

 

 

 

 

 

 

17,540

 

 

 

 

174

 

Total assets

 

1,631,077

 

 

62,625,659

 

 

5,167,128

 

 

201,103

 

 

65,535,989

 

 

900,350

 

 

2,990,980

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

 

 

1,787

 

 

 

 

 

 

17,540

 

 

 

 

174

 

 

Investment Division units redeemed

 

 

 

89,568

 

 

 

 

 

 

2,707

 

 

 

 

12

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

20

 

 

2,246

 

 

65

 

 

5

 

 

2,441

 

 

11

 

 

101

 

Total liabilities

 

20

 

 

93,601

 

 

65

 

 

5

 

 

22,688

 

 

11

 

 

287

 

Net assets

$

1,631,057

 

$

62,532,058

 

$

5,167,063

 

$

201,098

 

$

65,513,301

 

$

900,339

 

$

2,990,693

 

Maximum Unit Value

 

12.493101

 

 

13.550006

 

 

13.565848

 

 

8.418952

 

 

23.283265

 

 

22.930977

 

 

13.593800

 

Minimum Unit Value

 

12.299842

 

 

11.955362

 

 

13.355332

 

 

8.369583

 

 

18.376648

 

 

22.321677

 

 

11.378590

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

127,327

 

 

4,614,912

 

 

371,464

 

 

23,548

 

 

4,757,683

 

 

64,264

 

 

238,873

 

Investments in Funds, at cost

$

1,432,989

 

$

57,162,075

 

$

4,672,586

 

$

246,479

 

$

78,705,753

 

$

1,044,238

 

$

2,765,154

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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/WCM China Quality Growth Fund - Class A

 

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

$

 

$

 

$

 

$

 

$

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

6,991

 

 

780,977

 

 

22,385

 

 

1,711

 

 

815,317

 

 

3,730

 

 

37,542

 

Total expenses

 

6,991

 

 

780,977

 

 

22,385

 

 

1,711

 

 

815,317

 

 

3,730

 

 

37,542

 

Net investment income (loss)

 

(6,991

)

 

(780,977

)

 

(22,385

)

 

(1,711

)

 

(815,317

)

 

(3,730

)

 

(37,542

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from Funds

 

 

 

 

 

 

 

 

 

8,778,854

 

 

119,463

 

 

 

 

Sales of investments in Funds

 

4,882

 

 

274,590

 

 

11,338

 

 

(9,796

)

 

(1,792,661

)

 

(22,764

)

 

34,362

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

150,241

 

 

6,659,583

 

 

583,854

 

 

(42,508

)

 

2,016,427

 

 

29,481

 

 

150,506

 

Net realized and unrealized gain (loss)

 

155,123

 

 

6,934,173

 

 

595,192

 

 

(52,304

)

 

9,002,620

 

 

126,180

 

 

184,868

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

148,132

 

$

6,153,196

 

$

572,807

 

$

(54,015

)

$

8,187,303

 

$

122,450

 

$

147,326

 

 

 

See Notes to the Financial Statements.

33


                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Westchester Capital Event Driven Fund - Class I

 

JNL/Western Asset Global Multi-Sector Bond Fund - Class A

 

JNL/Western Asset Global Multi-Sector Bond Fund - Class I

 

JNL/William Blair International Leaders Fund - Class A

 

JNL/William Blair International Leaders Fund - Class I

 

JNL/WMC Balanced Fund - Class A

 

JNL/WMC Balanced Fund - Class I

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, at fair value

$

8,011

 

$

26,023,313

 

$

52,854

 

$

47,734,614

 

$

408,030

 

$

556,541,396

 

$

2,582,583

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

 

 

1,911

 

 

1

 

 

7,982

 

 

5

 

 

286,288

 

 

35

 

 

Investment Division units sold

 

 

 

69

 

 

 

 

425

 

 

 

 

193,091

 

 

 

Total assets

 

8,011

 

 

26,025,293

 

 

52,855

 

 

47,743,021

 

 

408,035

 

 

557,020,775

 

 

2,582,618

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

 

 

69

 

 

 

 

425

 

 

 

 

193,091

 

 

 

 

Investment Division units redeemed

 

 

 

953

 

 

 

 

6,130

 

 

 

 

265,384

 

 

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

 

 

958

 

 

1

 

 

1,852

 

 

5

 

 

20,904

 

 

35

 

Total liabilities

 

 

 

1,980

 

 

1

 

 

8,407

 

 

5

 

 

479,379

 

 

35

 

Net assets

$

8,011

 

$

26,023,313

 

$

52,854

 

$

47,734,614

 

$

408,030

 

$

556,541,396

 

$

2,582,583

 

Maximum Unit Value

 

13.105282

 

 

11.709624

 

 

11.735930

 

 

32.665974

 

 

37.619004

 

 

96.321289

 

 

99.710790

 

Minimum Unit Value

 

N/A

 

 

8.659404

 

 

N/A

 

 

17.650597

 

 

32.131233

 

 

40.744218

 

 

85.138813

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

635

 

 

3,379,651

 

 

6,724

 

 

4,327,707

 

 

34,288

 

 

16,763,295

 

 

74,170

 

Investments in Funds, at cost

$

7,743

 

$

31,337,853

 

$

56,598

 

$

54,319,180

 

$

501,052

 

$

426,774,978

 

$

2,201,810

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Westchester Capital Event Driven Fund - Class I

 

JNL/Western Asset Global Multi-Sector Bond Fund - Class A

 

JNL/Western Asset Global Multi-Sector Bond Fund - Class I

 

JNL/William Blair International Leaders Fund - Class A

 

JNL/William Blair International Leaders Fund - Class I

 

JNL/WMC Balanced Fund - Class A

 

JNL/WMC Balanced Fund - Class I

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

472

 

$

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

36

 

 

349,356

 

 

226

 

 

670,202

 

 

1,700

 

 

7,259,726

 

 

13,049

 

Total expenses

 

36

 

 

349,356

 

 

226

 

 

670,202

 

 

1,700

 

 

7,259,726

 

 

13,049

 

Net investment income (loss)

 

(36

)

 

(349,356

)

 

(226

)

 

(670,202

)

 

(1,228

)

 

(7,259,726

)

 

(13,049

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales of investments in Funds

 

(34

)

 

(1,829,583

)

 

(248

)

 

(1,873,273

)

 

(5,074

)

 

15,215,859

 

 

95,741

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

542

 

 

3,948,823

 

 

4,605

 

 

7,578,297

 

 

53,041

 

 

50,454,578

 

 

249,390

 

Net realized and unrealized gain (loss)

 

508

 

 

2,119,240

 

 

4,357

 

 

5,705,024

 

 

47,967

 

 

65,670,437

 

 

345,131

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

472

 

$

1,769,884

 

$

4,131

 

$

5,034,822

 

$

46,739

 

$

58,410,711

 

$

332,082

 

 

 

See Notes to the Financial Statements.

34


                        

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/WMC Equity Income Fund - Class A

 

JNL/WMC Equity Income Fund - Class I

 

JNL/WMC Global Real Estate Fund - Class A

 

JNL/WMC Global Real Estate 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

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, at fair value

$

57,943,524

 

$

1,521,809

 

$

48,803,499

 

$

61,342

 

$

123,654,437

 

$

3,194,848

 

$

54,209,110

 

Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares sold

 

16,207

 

 

184

 

 

8,976

 

 

1

 

 

193,901

 

 

123

 

 

29,342

 

 

Investment Division units sold

 

1,394

 

 

 

 

 

 

 

 

460,726

 

 

 

 

2,070

 

Total assets

 

57,961,125

 

 

1,521,993

 

 

48,812,475

 

 

61,343

 

 

124,309,064

 

 

3,194,971

 

 

54,240,522

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Fund shares purchased

 

1,394

 

 

 

 

 

 

 

 

460,726

 

 

 

 

2,070

 

 

Investment Division units redeemed

 

13,952

 

 

159

 

 

7,053

 

 

 

 

189,568

 

 

73

 

 

27,121

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of New York

 

2,255

 

 

25

 

 

1,923

 

 

1

 

 

4,333

 

 

50

 

 

2,221

 

Total liabilities

 

17,601

 

 

184

 

 

8,976

 

 

1

 

 

654,627

 

 

123

 

 

31,412

 

Net assets

$

57,943,524

 

$

1,521,809

 

$

48,803,499

 

$

61,342

 

$

123,654,437

 

$

3,194,848

 

$

54,209,110

 

Maximum Unit Value

 

17.060009

 

 

16.962462

 

 

21.796643

 

 

21.128298

 

 

17.493111

 

 

17.867785

 

 

64.527900

 

Minimum Unit Value

 

14.990239

 

 

16.439757

 

 

13.796924

 

 

20.165272

 

 

9.423517

 

 

15.256748

 

 

41.736589

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

3,396,455

 

 

87,410

 

 

5,078,408

 

 

6,190

 

 

123,654,438

 

 

3,194,849

 

 

1,705,225

 

Investments in Funds, at cost

$

45,627,855

 

$

1,179,927

 

$

49,660,524

 

$

64,602

 

$

123,654,438

 

$

3,194,849

 

$

41,213,947

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/WMC Equity Income Fund - Class A

 

JNL/WMC Equity Income Fund - Class I

 

JNL/WMC Global Real Estate Fund - Class A

 

JNL/WMC Global Real Estate 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

 

Investment Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividends

$

 

$

 

$

 

$

 

$

5,759,687

 

$

102,806

 

$

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-based charges

 

826,144

 

 

8,666

 

 

670,848

 

 

358

 

 

1,730,563

 

 

10,684

 

 

778,969

 

Total expenses

 

826,144

 

 

8,666

 

 

670,848

 

 

358

 

 

1,730,563

 

 

10,684

 

 

778,969

 

Net investment income (loss)

 

(826,144

)

 

(8,666

)

 

(670,848

)

 

(358

)

 

4,029,124

 

 

92,122

 

 

(778,969

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions from Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales of investments in Funds

 

2,837,554

 

 

88,727

 

 

(804,339

)

 

(5,951

)

 

 

 

 

 

2,017,440

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

733,513

 

 

8,080

 

 

5,056,699

 

 

11,834

 

 

 

 

 

 

2,599,748

 

Net realized and unrealized gain (loss)

 

3,571,067

 

 

96,807

 

 

4,252,360

 

 

5,883

 

 

 

 

 

 

4,617,188

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

$

2,744,923

 

$

88,141

 

$

3,581,512

 

$

5,525

 

$

4,029,124

 

$

92,122

 

$

3,838,219

 

 

 

See Notes to the Financial Statements.

35


       

JNLNY Separate Account I

Statements of Assets and Liabilities

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/WMC Value Fund - Class I

 

 

Assets

 

 

 

 

Investments in Funds, at fair value

$

55,110

 

 

Receivables:

 

 

 

 

 

Investments in Fund shares sold

 

1

 

 

 

Investment Division units sold

 

 

 

Total assets

 

55,111

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

Payables:

 

 

 

 

 

Investments in Fund shares purchased

 

 

 

 

Investment Division units redeemed

 

 

 

 

Insurance fees due to Jackson

 

 

 

 

 

 

of New York

 

1

 

 

Total liabilities

 

1

 

 

Net assets

$

55,110

 

 

Maximum Unit Value

 

66.328555

 

 

Minimum Unit Value

 

N/A

 

 

 

 

 

 

 

 

 

Investments in Funds, shares outstanding

 

1,658

 

 

Investments in Funds, at cost

$

49,442

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNLNY Separate Account I

Statements of Operations

 

 

For the Year Ended December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/WMC Value Fund - Class I

 

 

Investment Income

 

 

 

 

Dividends

$

 

 

Expenses

 

 

 

 

 

Asset-based charges

 

303

 

 

Total expenses

 

303

 

 

Net investment income (loss)

 

(303

)

 

 

 

 

 

 

 

 

Realized and unrealized gain (loss)

 

 

 

 

Net realized gain (loss) on:

 

 

 

 

 

Distributions from Funds

 

 

 

 

Sales of investments in Funds

 

5,599

 

 

Net change in unrealized appreciation

 

 

 

 

 

(depreciation) on investments in Funds

 

5,668

 

 

Net realized and unrealized gain (loss)

 

11,267

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

from operations

$

10,964

 

 

 

 

See Notes to the Financial Statements.

36


                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL Aggressive Growth Allocation Fund - Class A

 

JNL Aggressive Growth Allocation Fund - Class I

 

JNL Bond Index Fund - Class I

 

JNL Conservative Allocation Fund - Class A

 

JNL Conservative Allocation Fund - Class I

 

JNL Emerging Markets Index Fund - Class I

 

JNL Growth Allocation Fund - Class A

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(1,254,954

)

$

(1,630

)

$

(700

)

$

(527,538

)

$

(257

)

$

(84

)

$

(2,750,766

)

Net realized gain (loss) on investments in Funds

 

2,721,122

 

 

(48

)

 

(3,439

)

 

147,870

 

 

(2,411

)

 

425

 

 

4,853,024

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

12,715,345

 

 

56,868

 

 

11,994

 

 

3,807,410

 

 

7,790

 

 

2,332

 

 

25,096,102

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

14,181,513

 

 

55,190

 

 

7,855

 

 

3,427,742

 

 

5,122

 

 

2,673

 

 

27,198,360

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

6,071,095

 

 

95,036

 

 

20,816

 

 

3,162,953

 

 

 

 

 

 

4,534,896

 

Surrenders and terminations

 

(6,976,224

)

 

 

 

(53,274

)

 

(4,362,274

)

 

(39,970

)

 

 

 

(14,921,539

)

Transfers between Investment Divisions

 

(1,543,803

)

 

100,239

 

 

(34,887

)

 

(1,953,938

)

 

 

 

12,610

 

 

(2,975,244

)

Contract owner charges

 

(1,159,534

)

 

(5,858

)

 

(1,383

)

 

(253,410

)

 

(60

)

 

(44

)

 

(2,431,225

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(3,608,466

)

 

189,417

 

 

(68,728

)

 

(3,406,669

)

 

(40,030

)

 

12,566

 

 

(15,793,112

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

10,573,047

 

 

244,607

 

 

(60,873

)

 

21,073

 

 

(34,908

)

 

15,239

 

 

11,405,248

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

86,102,171

 

 

209,864

 

 

175,131

 

 

44,449,488

 

 

84,952

 

 

17,950

 

 

190,113,395

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

96,675,218

 

$

454,471

 

$

114,258

 

$

44,470,561

 

$

50,044

 

$

33,189

 

$

201,518,643

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

5,229,274

 

 

13,431

 

 

21,766

 

 

3,902,670

 

 

6,850

 

 

2,504

 

 

11,309,779

 

Units issued

 

473,693

 

 

11,000

 

 

5,547

 

 

552,097

 

 

 

 

2,039

 

 

645,426

 

Units redeemed

 

(679,435

)

 

(369

)

 

(13,797

)

 

(840,737

)

 

(3,152

)

 

(312

)

 

(1,529,436

)

Units outstanding at end of year

 

5,023,532

 

 

24,062

 

 

13,516

 

 

3,614,030

 

 

3,698

 

 

4,231

 

 

10,425,769

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investments in Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

8,503,786

 

$

195,711

 

$

44,736

 

$

6,419,607

 

$

 

$

14,996

 

$

11,867,213

 

Proceeds from sales

$

13,367,206

 

$

7,924

 

$

114,164

 

$

10,353,814

 

$

40,287

 

$

2,514

 

$

30,411,090

 

 

See Notes to the Financial Statements.

37


                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL Growth Allocation Fund - Class I

 

JNL International Index 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

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(1,510

)

$

7,354

 

$

297,363

 

$

5,108

 

$

234,606

 

$

(8

)

$

285,652

 

Net realized gain (loss) on investments in Funds

 

28,301

 

 

2,601

 

 

528,168

 

 

4,172

 

 

(186,757

)

 

87

 

 

450,629

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

20,053

 

 

37,971

 

 

3,684,014

 

 

28,107

 

 

1,480,020

 

 

 

 

2,162,286

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

46,844

 

 

47,926

 

 

4,509,545

 

 

37,387

 

 

1,527,869

 

 

79

 

 

2,898,567

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

 

 

50,250

 

 

2,148,993

 

 

50,000

 

 

1,994,329

 

 

100,000

 

 

1,696,251

 

Surrenders and terminations

 

(129,594

)

 

(59,799

)

 

(1,187,842

)

 

 

 

(1,057,457

)

 

 

 

(1,460,824

)

Transfers between Investment Divisions

 

(1,027

)

 

25,911

 

 

992,703

 

 

3,983

 

 

149,091

 

 

(100,079

)

 

(1,270,666

)

Contract owner charges

 

(2,701

)

 

(2,178

)

 

(173,018

)

 

(4,558

)

 

(75,242

)

 

 

 

(137,735

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(133,322

)

 

14,184

 

 

1,780,836

 

 

49,425

 

 

1,010,721

 

 

(79

)

 

(1,172,974

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

(86,478

)

 

62,110

 

 

6,290,381

 

 

86,812

 

 

2,538,590

 

 

 

 

1,725,593

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

293,729

 

 

269,185

 

 

34,480,024

 

 

234,466

 

 

17,520,962

 

 

 

 

28,514,302

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

207,251

 

$

331,295

 

$

40,770,405

 

$

321,278

 

$

20,059,552

 

$

 

$

30,239,895

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

17,612

 

 

32,984

 

 

1,888,381

 

 

13,428

 

 

1,316,472

 

 

 

 

1,800,715

 

Units issued

 

27

 

 

9,137

 

 

319,251

 

 

2,683

 

 

238,645

 

 

6,664

 

 

142,105

 

Units redeemed

 

(7,176

)

 

(7,533

)

 

(224,220

)

 

(248

)

 

(160,151

)

 

(6,664

)

 

(215,015

)

Units outstanding at end of year

 

10,463

 

 

34,588

 

 

1,983,412

 

 

15,863

 

 

1,394,966

 

 

 

 

1,727,805

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investments in Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

464

 

$

89,905

 

$

7,361,752

 

$

64,914

 

$

3,647,309

 

$

100,000

 

$

3,495,894

 

Proceeds from sales

$

135,296

 

$

68,367

 

$

4,715,166

 

$

5,926

 

$

2,401,982

 

$

100,087

 

$

3,822,941

 

 

See Notes to the Financial Statements.

38


                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL iShares Tactical Moderate Growth Fund - Class I

 

JNL Mid Cap Index 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

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

39,242

 

$

(820

)

$

(1,601,658

)

$

(741

)

$

(3,037,681

)

$

(761

)

$

(155,694

)

Net realized gain (loss) on investments in Funds

 

27,067

 

 

998

 

 

1,904,422

 

 

6,415

 

 

7,265,038

 

 

868

 

 

116,773

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

131,997

 

 

32,424

 

 

11,144,641

 

 

13,492

 

 

20,805,839

 

 

16,463

 

 

1,377,397

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

198,306

 

 

32,602

 

 

11,447,405

 

 

19,166

 

 

25,033,196

 

 

16,570

 

 

1,338,476

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

 

 

25,125

 

 

4,120,075

 

 

100,000

 

 

5,597,417

 

 

 

 

496,487

 

Surrenders and terminations

 

(58,070

)

 

(39,610

)

 

(9,535,609

)

 

 

 

(23,353,342

)

 

(15,668

)

 

(1,117,679

)

Transfers between Investment Divisions

 

253,553

 

 

56,441

 

 

(962,626

)

 

(99,013

)

 

(5,935,484

)

 

2,042

 

 

(120,634

)

Contract owner charges

 

(25,460

)

 

(1,507

)

 

(1,308,281

)

 

(889

)

 

(2,482,690

)

 

(893

)

 

(51,470

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

170,023

 

 

40,449

 

 

(7,686,441

)

 

98

 

 

(26,174,099

)

 

(14,519

)

 

(793,296

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

368,329

 

 

73,051

 

 

3,760,964

 

 

19,264

 

 

(1,140,903

)

 

2,051

 

 

545,180

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

1,604,706

 

 

184,533

 

 

114,512,160

 

 

160,262

 

 

220,114,163

 

 

130,541

 

 

13,684,566

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

1,973,035

 

$

257,584

 

$

118,273,124

 

$

179,526

 

$

218,973,260

 

$

132,592

 

$

14,229,746

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

91,099

 

 

22,125

 

 

8,472,759

 

 

10,819

 

 

13,394,109

 

 

7,340

 

 

1,389,603

 

Units issued

 

15,826

 

 

9,469

 

 

668,976

 

 

6,396

 

 

693,672

 

 

120

 

 

162,804

 

Units redeemed

 

(6,892

)

 

(4,936

)

 

(1,210,416

)

 

(6,380

)

 

(2,204,640

)

 

(822

)

 

(240,900

)

Units outstanding at end of year

 

100,033

 

 

26,658

 

 

7,931,319

 

 

10,835

 

 

11,883,141

 

 

6,638

 

 

1,311,507

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investments in Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

376,176

 

$

83,957

 

$

9,577,001

 

$

101,106

 

$

12,045,143

 

$

2,042

 

$

1,716,962

 

Proceeds from sales

$

130,552

 

$

44,329

 

$

18,865,100

 

$

101,749

 

$

41,256,923

 

$

17,323

 

$

2,665,952

 

 

See Notes to the Financial Statements.

39


                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

JNL Multi-Manager International Small Cap Fund - Class I

 

JNL Multi-Manager Mid Cap Fund - Class A

 

JNL Multi-Manager Mid Cap Fund - Class I

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(936

)

$

16,245

 

$

6,081

 

$

432,305

 

$

2,938

 

$

(425,610

)

$

(5,587

)

Net realized gain (loss) on investments in Funds

 

(288

)

 

(776,765

)

 

(24,620

)

 

(1,714,937

)

 

(3,377

)

 

566,932

 

 

17,268

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

23,042

 

 

5,150,970

 

 

58,532

 

 

6,926,456

 

 

23,922

 

 

3,255,550

 

 

115,722

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

21,818

 

 

4,390,450

 

 

39,993

 

 

5,643,824

 

 

23,483

 

 

3,396,872

 

 

127,403

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

203

 

 

915,059

 

 

15,000

 

 

1,049,428

 

 

 

 

2,448,445

 

 

16,189

 

Surrenders and terminations

 

(63

)

 

(4,200,215

)

 

(639

)

 

(1,614,994

)

 

(12,892

)

 

(1,511,586

)

 

(15,508

)

Transfers between Investment Divisions

 

(506

)

 

(124,046

)

 

34,370

 

 

(220,802

)

 

(2,711

)

 

(881,877

)

 

(137,016

)

Contract owner charges

 

(3,223

)

 

(651,974

)

 

(7,051

)

 

(380,551

)

 

(1,922

)

 

(412,867

)

 

(16,716

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(3,589

)

 

(4,061,176

)

 

41,680

 

 

(1,166,919

)

 

(17,525

)

 

(357,885

)

 

(153,051

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

18,229

 

 

329,274

 

 

81,673

 

 

4,476,905

 

 

5,958

 

 

3,038,987

 

 

(25,648

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

199,420

 

 

53,467,109

 

 

382,812

 

 

27,706,388

 

 

111,230

 

 

30,392,989

 

 

1,174,199

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

217,649

 

$

53,796,383

 

$

464,485

 

$

32,183,293

 

$

117,188

 

$

33,431,976

 

$

1,148,551

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

18,790

 

 

4,775,150

 

 

26,841

 

 

2,604,554

 

 

9,898

 

 

1,853,097

 

 

66,686

 

Units issued

 

306

 

 

336,471

 

 

10,969

 

 

285,666

 

 

44

 

 

383,712

 

 

2,546

 

Units redeemed

 

(635

)

 

(686,742

)

 

(7,962

)

 

(385,132

)

 

(1,414

)

 

(398,139

)

 

(11,118

)

Units outstanding at end of year

 

18,461

 

 

4,424,879

 

 

29,848

 

 

2,505,088

 

 

8,528

 

 

1,838,670

 

 

58,114

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investments in Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

3,442

 

$

4,695,775

 

$

168,168

 

$

4,154,906

 

$

4,000

 

$

6,500,091

 

$

45,985

 

Proceeds from sales

$

7,967

 

$

8,740,706

 

$

120,406

 

$

4,889,520

 

$

18,587

 

$

7,283,586

 

$

204,623

 

 

See Notes to the Financial Statements.

40


                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 Small Cap Index Fund - Class I

 

JNL/AB Sustainable Global Thematic Fund - Class A

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(2,024,383

)

$

(7,243

)

$

(1,344,710

)

$

(2,471

)

$

(81,077

)

$

(646

)

$

(17,892

)

Net realized gain (loss) on investments in Funds

 

467,989

 

 

(26,855

)

 

1,915,212

 

 

1,861

 

 

989,512

 

 

983

 

 

20,411

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

21,090,314

 

 

244,463

 

 

16,367,365

 

 

140,806

 

 

2,920,724

 

 

23,278

 

 

193,328

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

19,533,920

 

 

210,365

 

 

16,937,867

 

 

140,196

 

 

3,829,159

 

 

23,615

 

 

195,847

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

4,735,358

 

 

15,016

 

 

2,578,561

 

 

557,507

 

 

2,334,805

 

 

38,823

 

 

672,731

 

Surrenders and terminations

 

(10,258,079

)

 

(27,098

)

 

(6,309,894

)

 

(14,973

)

 

(1,154,007

)

 

(37,814

)

 

(9,073

)

Transfers between Investment Divisions

 

2,746,027

 

 

52,347

 

 

2,587,977

 

 

(1,796

)

 

357,624

 

 

(27,972

)

 

112,823

 

Contract owner charges

 

(1,942,319

)

 

(24,915

)

 

(1,276,148

)

 

(7,792

)

 

(217,364

)

 

(1,252

)

 

(18,984

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(4,719,013

)

 

15,350

 

 

(2,419,504

)

 

532,946

 

 

1,321,058

 

 

(28,215

)

 

757,497

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

14,814,907

 

 

225,715

 

 

14,518,363

 

 

673,142

 

 

5,150,217

 

 

(4,600

)

 

953,344

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

134,892,750

 

 

1,330,588

 

 

88,547,756

 

 

341,238

 

 

13,200,215

 

 

149,833

 

 

929,132

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

149,707,657

 

$

1,556,303

 

$

103,066,119

 

$

1,014,380

 

$

18,350,432

 

$

145,233

 

$

1,882,476

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

2,163,092

 

 

14,906

 

 

3,546,467

 

 

10,717

 

 

810,982

 

 

18,580

 

 

100,400

 

Units issued

 

291,425

 

 

1,141

 

 

580,944

 

 

16,695

 

 

577,599

 

 

5,986

 

 

106,534

 

Units redeemed

 

(360,390

)

 

(1,077

)

 

(669,417

)

 

(1,504

)

 

(491,424

)

 

(8,989

)

 

(28,489

)

Units outstanding at end of year

 

2,094,127

 

 

14,970

 

 

3,457,994

 

 

25,908

 

 

897,157

 

 

15,577

 

 

178,445

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investments in Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

19,614,455

 

$

119,111

 

$

15,720,076

 

$

584,397

 

$

10,350,254

 

$

49,076

 

$

1,038,437

 

Proceeds from sales

$

26,357,851

 

$

111,004

 

$

19,484,289

 

$

53,922

 

$

9,110,274

 

$

77,937

 

$

298,832

 

 

See Notes to the Financial Statements.

41


                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/AB Sustainable Global Thematic Fund - Class I

 

JNL/American Funds Balanced Fund - Class A

 

JNL/American Funds Balanced Fund - Class I

 

JNL/American Funds Bond Fund of America Fund - Class A

 

JNL/American Funds Bond Fund of America Fund - Class I

 

JNL/American Funds Capital Income Builder Fund - Class A

 

JNL/American Funds Capital Income Builder Fund - Class I

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(290

)

$

(2,472,086

)

$

(4,771

)

$

(178,835

)

$

(2,039

)

$

(281,889

)

$

(1,368

)

Net realized gain (loss) on investments in Funds

 

34

 

 

2,669,642

 

 

3,755

 

 

(102,579

)

 

(437

)

 

175,538

 

 

1,502

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

9,017

 

 

20,581,012

 

 

145,877

 

 

805,129

 

 

24,420

 

 

1,652,999

 

 

19,149

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

8,761

 

 

20,778,568

 

 

144,861

 

 

523,715

 

 

21,944

 

 

1,546,648

 

 

19,283

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

75,000

 

 

18,012,886

 

 

35,000

 

 

3,502,854

 

 

84,711

 

 

2,626,431

 

 

 

Surrenders and terminations

 

 

 

(11,277,241

)

 

(61,476

)

 

(823,125

)

 

(9,040

)

 

(645,580

)

 

(2,733

)

Transfers between Investment Divisions

 

(1

)

 

1,037,277

 

 

49,973

 

 

6,369,923

 

 

322,242

 

 

88,866

 

 

(97,961

)

Contract owner charges

 

(774

)

 

(2,146,384

)

 

(10,269

)

 

(141,871

)

 

(4,496

)

 

(199,817

)

 

(2,183

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

74,225

 

 

5,626,538

 

 

13,228

 

 

8,907,781

 

 

393,417

 

 

1,869,900

 

 

(102,877

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

82,986

 

 

26,405,106

 

 

158,089

 

 

9,431,496

 

 

415,361

 

 

3,416,548

 

 

(83,594

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

 

 

166,770,307

 

 

1,052,924

 

 

8,787,773

 

 

259,455

 

 

20,560,363

 

 

304,423

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

82,986

 

$

193,175,413

 

$

1,211,013

 

$

18,219,269

 

$

674,816

 

$

23,976,911

 

$

220,829

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

 

 

8,673,313

 

 

40,596

 

 

1,019,922

 

 

29,530

 

 

1,779,967

 

 

25,225

 

Units issued

 

7,777

 

 

1,702,817

 

 

3,092

 

 

1,391,372

 

 

47,764

 

 

436,606

 

 

3,303

 

Units redeemed

 

(78

)

 

(1,452,402

)

 

(2,760

)

 

(363,740

)

 

(3,726

)

 

(278,843

)

 

(11,632

)

Units outstanding at end of year

 

7,699

 

 

8,923,728

 

 

40,928

 

 

2,047,554

 

 

73,568

 

 

1,937,730

 

 

16,896

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investments in Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

75,000

 

$

34,843,640

 

$

88,001

 

$

12,057,357

 

$

426,839

 

$

5,128,521

 

$

40,278

 

Proceeds from sales

$

1,065

 

$

31,689,188

 

$

79,544

 

$

3,328,411

 

$

35,461

 

$

3,540,509

 

$

144,523

 

 

See Notes to the Financial Statements.

42


                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/American Funds Capital World Bond Fund - Class A

 

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

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(303,640

)

$

(599

)

$

(785,268

)

$

(5,161

)

$

(580,356

)

$

(961

)

$

(2,789,378

)

Net realized gain (loss) on investments in Funds

 

(417,799

)

 

(1,551

)

 

1,052,402

 

 

4,323

 

 

343,153

 

 

7

 

 

4,383,630

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

1,596,226

 

 

11,263

 

 

10,966,632

 

 

164,871

 

 

5,674,915

 

 

26,731

 

 

27,745,177

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

874,787

 

 

9,113

 

 

11,233,766

 

 

164,033

 

 

5,437,712

 

 

25,777

 

 

29,339,429

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

576,354

 

 

10,428

 

 

3,658,090

 

 

221,230

 

 

1,010,550

 

 

 

 

14,406,872

 

Surrenders and terminations

 

(1,370,829

)

 

 

 

(3,630,942

)

 

(36,980

)

 

(2,581,502

)

 

(1,280

)

 

(12,116,406

)

Transfers between Investment Divisions

 

1,001,028

 

 

97,801

 

 

2,278,856

 

 

24,620

 

 

(736,950

)

 

1,291

 

 

8,537,175

 

Contract owner charges

 

(282,590

)

 

(941

)

 

(648,827

)

 

(9,416

)

 

(599,499

)

 

(2,941

)

 

(2,589,496

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(76,037

)

 

107,288

 

 

1,657,177

 

 

199,454

 

 

(2,907,401

)

 

(2,930

)

 

8,238,145

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

798,750

 

 

116,401

 

 

12,890,943

 

 

363,487

 

 

2,530,311

 

 

22,847

 

 

37,577,574

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

20,758,224

 

 

70,299

 

 

54,050,094

 

 

692,507

 

 

38,991,760

 

 

167,603

 

 

184,919,729

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

21,556,974

 

$

186,700

 

$

66,941,037

 

$

1,055,994

 

$

41,522,071

 

$

190,450

 

$

222,497,303

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

2,348,171

 

 

7,184

 

 

2,788,892

 

 

33,294

 

 

2,355,606

 

 

8,602

 

 

9,806,910

 

Units issued

 

335,700

 

 

13,085

 

 

694,185

 

 

18,634

 

 

195,773

 

 

178

 

 

1,683,732

 

Units redeemed

 

(350,860

)

 

(2,455

)

 

(612,989

)

 

(9,919

)

 

(355,238

)

 

(314

)

 

(1,286,787

)

Units outstanding at end of year

 

2,333,011

 

 

17,814

 

 

2,870,088

 

 

42,009

 

 

2,196,141

 

 

8,466

 

 

10,203,855

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investments in Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

3,021,322

 

$

134,312

 

$

14,741,620

 

$

428,324

 

$

3,457,152

 

$

3,628

 

$

34,433,653

 

Proceeds from sales

$

3,400,999

 

$

27,623

 

$

13,869,710

 

$

234,030

 

$

6,944,909

 

$

7,520

 

$

28,984,885

 

 

See Notes to the Financial Statements.

43


                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(11,039

)

$

(3,663,251

)

$

(16,951

)

$

(7,207,801

)

$

(29,960

)

$

(1,178,418

)

$

(3,125

)

Net realized gain (loss) on investments in Funds

 

(764

)

 

5,051,490

 

 

23,162

 

 

22,575,803

 

 

145,954

 

 

539,321

 

 

(3,361

)

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

319,798

 

 

82,128,899

 

 

1,124,984

 

 

96,910,123

 

 

1,334,880

 

 

11,078,372

 

 

83,004

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

307,995

 

 

83,517,138

 

 

1,131,195

 

 

112,278,125

 

 

1,450,874

 

 

10,439,275

 

 

76,518

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

22,160

 

 

20,582,859

 

 

629,603

 

 

38,014,437

 

 

312,292

 

 

2,663,798

 

 

 

Surrenders and terminations

 

(5,747

)

 

(13,166,293

)

 

(91,075

)

 

(34,585,893

)

 

(287,735

)

 

(6,008,356

)

 

(27,689

)

Transfers between Investment Divisions

 

(5,352

)

 

17,610,233

 

 

228,876

 

 

2,134,752

 

 

(316,540

)

 

3,334,306

 

 

168,150

 

Contract owner charges

 

(13,768

)

 

(3,167,620

)

 

(44,480

)

 

(6,748,146

)

 

(91,767

)

 

(1,077,198

)

 

(6,539

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(2,707

)

 

21,859,179

 

 

722,924

 

 

(1,184,850

)

 

(383,750

)

 

(1,087,450

)

 

133,922

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

305,288

 

 

105,376,317

 

 

1,854,119

 

 

111,093,275

 

 

1,067,124

 

 

9,351,825

 

 

210,440

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

1,854,824

 

 

222,669,233

 

 

2,593,744

 

 

470,229,759

 

 

5,679,071

 

 

77,129,842

 

 

451,332

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

2,160,112

 

$

328,045,550

 

$

4,447,863

 

$

581,323,034

 

$

6,746,195

 

$

86,481,667

 

$

661,772

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

88,420

 

 

6,993,981

 

 

72,658

 

 

16,427,510

 

 

168,463

 

 

5,997,806

 

 

30,855

 

Units issued

 

12,222

 

 

1,651,973

 

 

23,855

 

 

2,317,342

 

 

17,075

 

 

1,022,275

 

 

11,430

 

Units redeemed

 

(12,681

)

 

(1,079,000

)

 

(6,016

)

 

(2,363,083

)

 

(25,874

)

 

(1,108,046

)

 

(3,129

)

Units outstanding at end of year

 

87,961

 

 

7,566,954

 

 

90,497

 

 

16,381,769

 

 

159,664

 

 

5,912,035

 

 

39,156

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investments in Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

283,442

 

$

62,030,840

 

$

982,227

 

$

73,666,995

 

$

632,809

 

$

14,327,480

 

$

184,159

 

Proceeds from sales

$

297,188

 

$

43,834,912

 

$

276,253

 

$

82,059,646

 

$

1,046,519

 

$

16,593,348

 

$

53,362

 

 

See Notes to the Financial Statements.

44


                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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/American Funds Washington Mutual Investors Fund - Class A

 

JNL/American Funds Washington Mutual Investors Fund - Class I

 

JNL/AQR Large Cap Defensive Style Fund - Class A

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(1,979,479

)

$

(7,650

)

$

(1,140,732

)

$

(4,615

)

$

(3,826,483

)

$

(4,865

)

$

(546,524

)

Net realized gain (loss) on investments in Funds

 

4,045,326

 

 

(1,412

)

 

1,398,482

 

 

13,532

 

 

12,917,357

 

 

13,457

 

 

564,328

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

14,258,592

 

 

211,375

 

 

9,832,862

 

 

130,771

 

 

27,391,463

 

 

150,293

 

 

3,142,000

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

16,324,439

 

 

202,313

 

 

10,090,612

 

 

139,688

 

 

36,482,337

 

 

158,885

 

 

3,159,804

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

5,653,680

 

 

 

 

3,173,592

 

 

58,342

 

 

8,474,012

 

 

113,500

 

 

886,480

 

Surrenders and terminations

 

(9,766,777

)

 

(1,628

)

 

(4,628,097

)

 

(4,535

)

 

(18,509,565

)

 

(2,027

)

 

(2,881,130

)

Transfers between Investment Divisions

 

(312,993

)

 

180,892

 

 

(729,362

)

 

(31,786

)

 

(1,700,298

)

 

29,132

 

 

(396,795

)

Contract owner charges

 

(1,621,880

)

 

(16,843

)

 

(1,123,364

)

 

(15,777

)

 

(3,522,963

)

 

(16,342

)

 

(496,673

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(6,047,970

)

 

162,421

 

 

(3,307,231

)

 

6,244

 

 

(15,258,814

)

 

124,263

 

 

(2,888,118

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

10,276,469

 

 

364,734

 

 

6,783,381

 

 

145,932

 

 

21,223,523

 

 

283,148

 

 

271,686

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

136,579,854

 

 

1,356,571

 

 

74,098,380

 

 

914,924

 

 

248,659,025

 

 

852,414

 

 

37,072,848

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

146,856,323

 

$

1,721,305

 

$

80,881,761

 

$

1,060,856

 

$

269,882,548

 

$

1,135,562

 

$

37,344,534

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

8,461,974

 

 

74,741

 

 

5,360,990

 

 

55,685

 

 

9,206,327

 

 

26,371

 

 

2,927,420

 

Units issued

 

848,836

 

 

9,566

 

 

619,526

 

 

19,675

 

 

890,333

 

 

6,016

 

 

410,040

 

Units redeemed

 

(1,210,723

)

 

(1,017

)

 

(844,474

)

 

(19,123

)

 

(1,431,980

)

 

(2,352

)

 

(631,860

)

Units outstanding at end of year

 

8,100,087

 

 

83,290

 

 

5,136,042

 

 

56,237

 

 

8,664,680

 

 

30,035

 

 

2,705,600

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investments in Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

14,722,338

 

$

181,748

 

$

9,319,473

 

$

354,241

 

$

25,377,498

 

$

207,507

 

$

5,306,946

 

Proceeds from sales

$

22,749,787

 

$

26,977

 

$

13,767,436

 

$

352,612

 

$

44,462,795

 

$

88,110

 

$

8,741,588

 

 

See Notes to the Financial Statements.

45


                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/AQR Large Cap Defensive Style Fund - Class I

 

JNL/Baillie Gifford International Growth Fund - Class A

 

JNL/Baillie Gifford International Growth Fund - Class I

 

JNL/Baillie Gifford U.S. Equity Growth 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

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(442

)

$

(863,676

)

$

(4,328

)

$

(5,557

)

$

(1,962,991

)

$

(1,208

)

$

(966,191

)

Net realized gain (loss) on investments in Funds

 

626

 

 

(2,813,799

)

 

(25,097

)

 

(34,597

)

 

3,526,083

 

 

67

 

 

6,935,818

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

8,918

 

 

10,663,503

 

 

132,562

 

 

276,413

 

 

14,743,236

 

 

29,632

 

 

(8,411,327

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

9,102

 

 

6,986,028

 

 

103,137

 

 

236,259

 

 

16,306,328

 

 

28,491

 

 

(2,441,700

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

 

 

1,705,718

 

 

12,000

 

 

129,739

 

 

2,824,712

 

 

106,324

 

 

1,855,660

 

Surrenders and terminations

 

 

 

(2,959,764

)

 

(8,282

)

 

(6,882

)

 

(12,131,357

)

 

(6,146

)

 

(5,705,187

)

Transfers between Investment Divisions

 

1,962

 

 

(796,080

)

 

133,173

 

 

47,881

 

 

(2,276,369

)

 

1,224

 

 

(20,696,347

)

Contract owner charges

 

(993

)

 

(815,175

)

 

(16,430

)

 

(42

)

 

(1,758,005

)

 

(2,403

)

 

(859,741

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

969

 

 

(2,865,301

)

 

120,461

 

 

170,696

 

 

(13,341,019

)

 

98,999

 

 

(25,405,615

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

10,071

 

 

4,120,727

 

 

223,598

 

 

406,955

 

 

2,965,309

 

 

127,490

 

 

(27,847,315

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

88,200

 

 

58,674,877

 

 

780,619

 

 

471,873

 

 

139,822,614

 

 

166,319

 

 

89,659,863

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

98,271

 

$

62,795,604

 

$

1,004,217

 

$

878,828

 

$

142,787,923

 

$

293,809

 

$

61,812,548

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

6,654

 

 

5,815,874

 

 

73,309

 

 

121,848

 

 

9,553,398

 

 

10,372

 

 

7,488,560

 

Units issued

 

518

 

 

756,151

 

 

18,375

 

 

60,862

 

 

426,273

 

 

6,052

 

 

969,871

 

Units redeemed

 

(456

)

 

(1,018,628

)

 

(8,713

)

 

(25,744

)

 

(1,295,197

)

 

(471

)

 

(3,139,323

)

Units outstanding at end of year

 

6,716

 

 

5,553,397

 

 

82,971

 

 

156,966

 

 

8,684,474

 

 

15,953

 

 

5,319,108

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investments in Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

6,975

 

$

8,291,595

 

$

221,424

 

$

290,913

 

$

6,564,308

 

$

107,549

 

$

11,402,403

 

Proceeds from sales

$

6,448

 

$

12,020,572

 

$

105,292

 

$

125,774

 

$

21,868,318

 

$

9,758

 

$

37,774,209

 

 

See Notes to the Financial Statements.

46


                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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/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

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(1,537

)

$

(3,918,008

)

$

(12,963

)

$

79,503

 

$

6,698

 

$

(758,877

)

$

(6,467

)

Net realized gain (loss) on investments in Funds

 

3,162

 

 

11,292,522

 

 

22,601

 

 

1,847,097

 

 

48,058

 

 

1,522,217

 

 

13,315

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

(7,400

)

 

96,460,372

 

 

984,104

 

 

9,303,874

 

 

77,047

 

 

18,324,741

 

 

391,669

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

(5,775

)

 

103,834,886

 

 

993,742

 

 

11,230,474

 

 

131,803

 

 

19,088,081

 

 

398,517

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

2,632

 

 

8,817,221

 

 

19,869

 

 

3,028,241

 

 

33,200

 

 

3,118,476

 

 

35,500

 

Surrenders and terminations

 

(5,390

)

 

(22,596,872

)

 

(71,736

)

 

(3,847,798

)

 

(28,270

)

 

(2,375,868

)

 

(41,570

)

Transfers between Investment Divisions

 

29,060

 

 

8,696,833

 

 

118,981

 

 

8,974,062

 

 

100,922

 

 

10,502,172

 

 

202,416

 

Contract owner charges

 

(4,236

)

 

(3,883,283

)

 

(38,046

)

 

(682,729

)

 

(8,376

)

 

(654,357

)

 

(16,249

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

22,066

 

 

(8,966,101

)

 

29,068

 

 

7,471,776

 

 

97,476

 

 

10,590,423

 

 

180,097

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

16,291

 

 

94,868,785

 

 

1,022,810

 

 

18,702,250

 

 

229,279

 

 

29,678,504

 

 

578,614

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

313,431

 

 

221,629,870

 

 

2,059,653

 

 

40,809,125

 

 

408,735

 

 

41,703,347

 

 

848,127

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

329,722

 

$

316,498,655

 

$

3,082,463

 

$

59,511,375

 

$

638,014

 

$

71,381,851

 

$

1,426,741

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

21,899

 

 

3,091,593

 

 

19,364

 

 

2,590,868

 

 

17,519

 

 

2,945,792

 

 

56,586

 

Units issued

 

9,879

 

 

482,720

 

 

5,082

 

 

1,241,505

 

 

26,267

 

 

1,163,568

 

 

30,058

 

Units redeemed

 

(8,452

)

 

(589,558

)

 

(4,826

)

 

(856,303

)

 

(21,519

)

 

(575,535

)

 

(20,844

)

Units outstanding at end of year

 

23,326

 

 

2,984,755

 

 

19,620

 

 

2,976,070

 

 

22,267

 

 

3,533,825

 

 

65,800

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investments in Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

137,986

 

$

44,306,864

 

$

663,205

 

$

24,154,221

 

$

665,679

 

$

20,807,532

 

$

562,337

 

Proceeds from sales

$

117,456

 

$

57,190,973

 

$

647,100

 

$

16,602,942

 

$

561,505

 

$

10,975,986

 

$

388,706

 

 

See Notes to the Financial Statements.

47


                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/DFA International Core Equity Fund - Class A

 

JNL/DFA International Core Equity 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

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

93,376

 

$

8,663

 

$

(993,427

)

$

(3,669

)

$

(458,907

)

$

(8,776

)

$

(1,969,325

)

Net realized gain (loss) on investments in Funds

 

(180,023

)

 

(15,372

)

 

5,207,133

 

 

10,451

 

 

361,930

 

 

48,232

 

 

(1,640,996

)

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

2,371,302

 

 

97,950

 

 

9,068,585

 

 

157,752

 

 

4,954,529

 

 

261,042

 

 

9,721,591

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

2,284,655

 

 

91,241

 

 

13,282,291

 

 

164,534

 

 

4,857,552

 

 

300,498

 

 

6,111,270

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

1,982,839

 

 

29,025

 

 

1,837,909

 

 

25,637

 

 

1,743,458

 

 

28,624

 

 

3,038,817

 

Surrenders and terminations

 

(740,528

)

 

(27,802

)

 

(6,845,632

)

 

(31,757

)

 

(2,048,268

)

 

(9,847

)

 

(15,259,213

)

Transfers between Investment Divisions

 

1,494,747

 

 

(19,690

)

 

(4,031,946

)

 

19,983

 

 

1,537,892

 

 

(68,023

)

 

10,331,040

 

Contract owner charges

 

(199,123

)

 

(9,668

)

 

(872,355

)

 

(11,244

)

 

(438,014

)

 

(12,842

)

 

(1,699,643

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

2,537,935

 

 

(28,135

)

 

(9,912,024

)

 

2,619

 

 

795,068

 

 

(62,088

)

 

(3,588,999

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

4,822,590

 

 

63,106

 

 

3,370,267

 

 

167,153

 

 

5,652,620

 

 

238,410

 

 

2,522,271

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

14,942,803

 

 

589,779

 

 

68,922,154

 

 

726,862

 

 

31,654,098

 

 

1,927,242

 

 

138,619,750

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

19,765,393

 

$

652,885

 

$

72,292,421

 

$

894,015

 

$

37,306,718

 

$

2,165,652

 

$

141,142,021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

1,384,006

 

 

52,224

 

 

1,459,639

 

 

10,366

 

 

1,421,093

 

 

95,178

 

 

7,357,775

 

Units issued

 

519,638

 

 

36,955

 

 

116,769

 

 

980

 

 

449,016

 

 

14,734

 

 

1,127,069

 

Units redeemed

 

(298,937

)

 

(39,100

)

 

(305,793

)

 

(841

)

 

(417,121

)

 

(13,295

)

 

(1,313,738

)

Units outstanding at end of year

 

1,604,707

 

 

50,079

 

 

1,270,615

 

 

10,505

 

 

1,452,988

 

 

96,617

 

 

7,171,106

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investments in Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

6,368,717

 

$

463,238

 

$

6,082,298

 

$

71,055

 

$

10,471,849

 

$

243,330

 

$

21,602,991

 

Proceeds from sales

$

3,737,405

 

$

482,710

 

$

16,987,749

 

$

72,105

 

$

10,135,688

 

$

314,194

 

$

27,161,315

 

 

See Notes to the Financial Statements.

48


                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(6,076

)

$

(119,318

)

$

(186

)

$

(1,605,194

)

$

(5,736

)

$

(957,658

)

$

(5,615

)

Net realized gain (loss) on investments in Funds

 

(21,625

)

 

(75,231

)

 

(1,325

)

 

2,767,932

 

 

15,635

 

 

(1,686,757

)

 

(9,482

)

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

96,381

 

 

905,584

 

 

5,147

 

 

25,666,696

 

 

279,498

 

 

5,227,963

 

 

65,410

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

68,680

 

 

711,035

 

 

3,636

 

 

26,829,434

 

 

289,397

 

 

2,583,548

 

 

50,313

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

35,000

 

 

325,276

 

 

 

 

4,097,447

 

 

32,259

 

 

2,319,810

 

 

18,490

 

Surrenders and terminations

 

(72,266

)

 

(704,400

)

 

 

 

(6,485,879

)

 

(12,786

)

 

(7,951,070

)

 

(8,693

)

Transfers between Investment Divisions

 

78,865

 

 

129,399

 

 

(10,620

)

 

(2,726,347

)

 

(104,522

)

 

2,157,574

 

 

310,294

 

Contract owner charges

 

(12,183

)

 

(102,906

)

 

(551

)

 

(1,476,253

)

 

(13,574

)

 

(772,330

)

 

(6,768

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

29,416

 

 

(352,631

)

 

(11,171

)

 

(6,591,032

)

 

(98,623

)

 

(4,246,016

)

 

313,323

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

98,096

 

 

358,404

 

 

(7,535

)

 

20,238,402

 

 

190,774

 

 

(1,662,468

)

 

363,636

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

1,158,383

 

 

9,181,547

 

 

44,484

 

 

107,556,158

 

 

1,103,500

 

 

74,621,357

 

 

845,727

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

1,256,479

 

$

9,539,951

 

$

36,949

 

$

127,794,560

 

$

1,294,274

 

$

72,958,889

 

$

1,209,363

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

44,151

 

 

932,255

 

 

5,168

 

 

5,382,587

 

 

53,234

 

 

7,658,102

 

 

81,582

 

Units issued

 

12,381

 

 

134,618

 

 

208

 

 

597,818

 

 

6,031

 

 

1,737,250

 

 

39,538

 

Units redeemed

 

(10,978

)

 

(171,413

)

 

(1,221

)

 

(887,607

)

 

(10,374

)

 

(2,183,333

)

 

(10,278

)

Units outstanding at end of year

 

45,554

 

 

895,460

 

 

4,155

 

 

5,092,798

 

 

48,891

 

 

7,212,019

 

 

110,842

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investments in Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

319,194

 

$

1,371,245

 

$

2,232

 

$

13,358,545

 

$

146,175

 

$

17,203,506

 

$

421,320

 

Proceeds from sales

$

295,854

 

$

1,843,193

 

$

13,589

 

$

21,554,771

 

$

250,534

 

$

22,407,181

 

$

113,612

 

 

See Notes to the Financial Statements.

49


                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

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

 

JNL/First Sentier Global Infrastructure Fund - Class A

 

JNL/First Sentier Global Infrastructure Fund - Class I

 

JNL/Franklin Templeton Income Fund - Class A

 

JNL/Franklin Templeton Income Fund - Class I

 

JNL/Goldman Sachs 4 Fund - Class A

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(725,839

)

$

(1,155

)

$

(777,687

)

$

(1,036

)

$

(1,832,488

)

$

(3,260

)

$

(5,591,015

)

Net realized gain (loss) on investments in Funds

 

(632,675

)

 

(573

)

 

1,164,285

 

 

2,524

 

 

3,616,465

 

 

5,721

 

 

27,044,104

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

3,877,095

 

 

61,308

 

 

300,322

 

 

5,893

 

 

6,495,171

 

 

36,434

 

 

27,231,049

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

2,518,581

 

 

59,580

 

 

686,920

 

 

7,381

 

 

8,279,148

 

 

38,895

 

 

48,684,138

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

1,435,301

 

 

 

 

1,814,582

 

 

2,460

 

 

3,745,476

 

 

 

 

6,560,572

 

Surrenders and terminations

 

(4,928,720

)

 

(8,202

)

 

(5,449,004

)

 

(2,547

)

 

(11,982,638

)

 

(3,716

)

 

(38,543,581

)

Transfers between Investment Divisions

 

2,010,942

 

 

1,435,295

 

 

(471,661

)

 

(1,857

)

 

274,508

 

 

(502

)

 

(10,294,428

)

Contract owner charges

 

(659,971

)

 

(3,223

)

 

(650,538

)

 

(3,639

)

 

(1,426,564

)

 

(3,391

)

 

(4,645,980

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(2,142,448

)

 

1,423,870

 

 

(4,756,621

)

 

(5,583

)

 

(9,389,218

)

 

(7,609

)

 

(46,923,417

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

376,133

 

 

1,483,450

 

 

(4,069,701

)

 

1,798

 

 

(1,110,070

)

 

31,286

 

 

1,760,721

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

50,178,679

 

 

154,342

 

 

57,802,452

 

 

234,153

 

 

131,481,320

 

 

509,830

 

 

410,258,038

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

50,554,812

 

$

1,637,792

 

$

53,732,751

 

$

235,951

 

$

130,371,250

 

$

541,116

 

$

412,018,759

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

2,087,050

 

 

4,230

 

 

3,320,632

 

 

11,507

 

 

7,325,846

 

 

23,607

 

 

12,794,954

 

Units issued

 

302,982

 

 

40,732

 

 

360,997

 

 

3,846

 

 

769,842

 

 

3,446

 

 

761,783

 

Units redeemed

 

(397,532

)

 

(423

)

 

(634,599

)

 

(4,061

)

 

(1,290,341

)

 

(3,837

)

 

(2,172,941

)

Units outstanding at end of year

 

1,992,500

 

 

44,539

 

 

3,047,030

 

 

11,292

 

 

6,805,347

 

 

23,216

 

 

11,383,796

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investments in Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

7,551,540

 

$

1,438,483

 

$

6,275,892

 

$

78,287

 

$

14,242,036

 

$

82,619

 

$

25,236,956

 

Proceeds from sales

$

10,419,827

 

$

15,768

 

$

11,810,201

 

$

84,906

 

$

25,463,742

 

$

93,489

 

$

77,751,388

 

 

See Notes to the Financial Statements.

50


                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Goldman Sachs 4 Fund - Class I

 

JNL/Goldman Sachs Managed Aggressive Growth Fund - Class A

 

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

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(5,579

)

$

(2,274,076

)

$

(9,014

)

$

(982,680

)

$

 

$

(4,693,109

)

$

(3,492

)

Net realized gain (loss) on investments in Funds

 

10,787

 

 

7,054,837

 

 

196,304

 

 

1,125,327

 

 

 

 

17,649,294

 

 

139

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

163,948

 

 

23,409,595

 

 

12,177

 

 

4,169,939

 

 

 

 

40,075,407

 

 

145,015

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

169,156

 

 

28,190,356

 

 

199,467

 

 

4,312,586

 

 

 

 

53,031,592

 

 

141,662

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

43,650

 

 

5,746,125

 

 

960

 

 

740,034

 

 

 

 

4,733,887

 

 

 

Surrenders and terminations

 

(6,851

)

 

(10,726,238

)

 

(41,598

)

 

(7,210,811

)

 

 

 

(26,916,744

)

 

(8,632

)

Transfers between Investment Divisions

 

13,583

 

 

(1,615,237

)

 

66,065

 

 

(63,005

)

 

 

 

(6,457,831

)

 

(2,459

)

Contract owner charges

 

(19,592

)

 

(2,134,684

)

 

(20,391

)

 

(993,778

)

 

 

 

(4,520,712

)

 

(12,852

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

30,790

 

 

(8,730,034

)

 

5,036

 

 

(7,527,560

)

 

 

 

(33,161,400

)

 

(23,943

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

199,946

 

 

19,460,322

 

 

204,503

 

 

(3,214,974

)

 

 

 

19,870,192

 

 

117,719

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

1,170,677

 

 

143,094,140

 

 

1,048,141

 

 

67,363,771

 

 

 

 

305,183,667

 

 

724,026

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

1,370,623

 

$

162,554,462

 

$

1,252,644

 

$

64,148,797

 

$

 

$

325,053,859

 

$

841,745

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

38,947

 

 

4,713,793

 

 

31,436

 

 

4,848,753

 

 

 

 

10,486,112

 

 

30,865

 

Units issued

 

2,936

 

 

366,330

 

 

80,997

 

 

202,424

 

 

 

 

395,667

 

 

 

Units redeemed

 

(2,125

)

 

(637,454

)

 

(81,695

)

 

(736,284

)

 

 

 

(1,439,628

)

 

(938

)

Units outstanding at end of year

 

39,758

 

 

4,442,669

 

 

30,738

 

 

4,314,893

 

 

 

 

9,442,151

 

 

29,927

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investments in Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

97,247

 

$

12,672,822

 

$

3,653,085

 

$

2,948,464

 

$

 

$

12,711,202

 

$

 

Proceeds from sales

$

72,036

 

$

23,676,933

 

$

3,657,063

 

$

11,458,703

 

$

 

$

50,565,711

 

$

27,435

 

 

See Notes to the Financial Statements.

51


                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Goldman Sachs Managed Moderate Fund - Class A

 

JNL/Goldman Sachs Managed Moderate Fund - Class I

 

JNL/Goldman Sachs Managed Moderate Growth Fund - Class A

 

JNL/Goldman Sachs Managed Moderate Growth 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)

$

(2,503,357

)

$

(239

)

$

(4,570,297

)

$

(546

)

$

(349,992

)

$

(2,024

)

$

15,853

 

Net realized gain (loss) on investments in Funds

 

6,919,189

 

 

(166

)

 

14,525,363

 

 

(5,934

)

 

(177,920

)

 

(1,828

)

 

657,520

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

12,269,145

 

 

6,488

 

 

31,395,569

 

 

17,488

 

 

6,835,586

 

 

115,430

 

 

3,512,712

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

16,684,977

 

 

6,083

 

 

41,350,635

 

 

11,008

 

 

6,307,674

 

 

111,578

 

 

4,186,085

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

2,612,228

 

 

 

 

4,809,720

 

 

 

 

2,112,528

 

 

1,440

 

 

588,458

 

Surrenders and terminations

 

(21,901,850

)

 

 

 

(27,467,126

)

 

(64,957

)

 

(768,830

)

 

(20,880

)

 

(2,164,023

)

Transfers between Investment Divisions

 

(2,176,404

)

 

 

 

(6,855,132

)

 

 

 

1,543,064

 

 

(41,565

)

 

383,608

 

Contract owner charges

 

(2,418,749

)

 

(1,078

)

 

(4,311,607

)

 

(264

)

 

(296,826

)

 

(7,470

)

 

(235,837

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(23,884,775

)

 

(1,078

)

 

(33,824,145

)

 

(65,221

)

 

2,589,936

 

 

(68,475

)

 

(1,427,794

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

(7,199,798

)

 

5,005

 

 

7,526,490

 

 

(54,213

)

 

8,897,610

 

 

43,103

 

 

2,758,291

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

172,700,641

 

 

51,260

 

 

305,296,732

 

 

105,864

 

 

22,344,823

 

 

433,835

 

 

23,170,552

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

165,500,843

 

$

56,265

 

$

312,823,222

 

$

51,651

 

$

31,242,433

 

$

476,938

 

$

25,928,843

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

9,995,014

 

 

3,014

 

 

12,468,092

 

 

4,246

 

 

2,183,713

 

 

39,744

 

 

1,883,911

 

Units issued

 

246,320

 

 

 

 

414,142

 

 

 

 

599,387

 

 

11,246

 

 

684,201

 

Units redeemed

 

(1,572,604

)

 

(61

)

 

(1,717,318

)

 

(2,824

)

 

(382,594

)

 

(17,058

)

 

(786,279

)

Units outstanding at end of year

 

8,668,730

 

 

2,953

 

 

11,164,916

 

 

1,422

 

 

2,400,506

 

 

33,932

 

 

1,781,833

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investments in Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

4,533,035

 

$

 

$

11,131,857

 

$

 

$

6,864,130

 

$

136,561

 

$

9,724,463

 

Proceeds from sales

$

30,921,167

 

$

1,318

 

$

49,526,299

 

$

65,767

 

$

4,624,186

 

$

207,060

 

$

10,918,984

 

 

See Notes to the Financial Statements.

52


                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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)

$

4,641

 

$

58,130

 

$

3,546

 

$

(383,100

)

$

(194

)

$

(1,431,782

)

$

(2,131

)

Net realized gain (loss) on investments in Funds

 

7,489

 

 

(636,518

)

 

(4,475

)

 

614,563

 

 

(6

)

 

3,662,907

 

 

26,133

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

51,694

 

 

1,188,310

 

 

18,805

 

 

1,677,170

 

 

3,412

 

 

24,746,277

 

 

92,598

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

63,824

 

 

609,922

 

 

17,876

 

 

1,908,633

 

 

3,212

 

 

26,977,402

 

 

116,600

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

 

 

546,799

 

 

 

 

2,056,315

 

 

1,500

 

 

1,609,871

 

 

270,111

 

Surrenders and terminations

 

(4,053

)

 

(352,935

)

 

 

 

(1,820,615

)

 

 

 

(7,074,431

)

 

(13,447

)

Transfers between Investment Divisions

 

9,899

 

 

138,160

 

 

(17,543

)

 

(1,914,047

)

 

917

 

 

(296,705

)

 

(200,319

)

Contract owner charges

 

(3,033

)

 

(99,122

)

 

(3,049

)

 

(342,992

)

 

(454

)

 

(1,331,896

)

 

(6,428

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

2,813

 

 

232,902

 

 

(20,592

)

 

(2,021,339

)

 

1,963

 

 

(7,093,161

)

 

49,917

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

66,637

 

 

842,824

 

 

(2,716

)

 

(112,706

)

 

5,175

 

 

19,884,241

 

 

166,517

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

316,594

 

 

7,446,757

 

 

179,300

 

 

29,037,114

 

 

36,133

 

 

85,598,091

 

 

278,849

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

383,231

 

$

8,289,581

 

$

176,584

 

$

28,924,408

 

$

41,308

 

$

105,482,332

 

$

445,366

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

24,390

 

 

656,361

 

 

14,967

 

 

2,246,550

 

 

2,632

 

 

3,205,948

 

 

7,813

 

Units issued

 

4,959

 

 

219,824

 

 

1,014

 

 

605,785

 

 

178

 

 

270,669

 

 

9,029

 

Units redeemed

 

(4,734

)

 

(200,688

)

 

(2,528

)

 

(763,103

)

 

(32

)

 

(500,114

)

 

(7,684

)

Units outstanding at end of year

 

24,615

 

 

675,497

 

 

13,453

 

 

2,089,232

 

 

2,778

 

 

2,976,503

 

 

9,158

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investments in Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

81,664

 

$

2,712,670

 

$

16,367

 

$

7,933,042

 

$

2,417

 

$

8,728,976

 

$

413,536

 

Proceeds from sales

$

71,025

 

$

2,421,639

 

$

33,413

 

$

10,337,481

 

$

647

 

$

17,253,919

 

$

365,750

 

 

See Notes to the Financial Statements.

53


                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Invesco Small Cap Growth Fund - Class A

 

JNL/Invesco Small Cap Growth Fund - Class I

 

JNL/JPMorgan Global Allocation Fund - Class A

 

JNL/JPMorgan Global Allocation Fund - Class I

 

JNL/JPMorgan Hedged Equity Fund - Class A

 

JNL/JPMorgan Hedged Equity Fund - Class I

 

JNL/JPMorgan MidCap Growth Fund - Class A

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(1,813,656

)

$

(5,551

)

$

(733,011

)

$

(651

)

$

(887,588

)

$

(3,064

)

$

(2,604,896

)

Net realized gain (loss) on investments in Funds

 

697,129

 

 

(28,450

)

 

969,450

 

 

805

 

 

1,377,957

 

 

10,823

 

 

4,956,642

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

14,162,498

 

 

178,737

 

 

5,026,109

 

 

15,522

 

 

8,377,451

 

 

70,220

 

 

35,139,342

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

13,045,971

 

 

144,736

 

 

5,262,548

 

 

15,676

 

 

8,867,820

 

 

77,979

 

 

37,491,088

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

4,293,565

 

 

367,217

 

 

794,298

 

 

35,000

 

 

5,787,009

 

 

22,000

 

 

8,682,309

 

Surrenders and terminations

 

(9,898,132

)

 

(22,871

)

 

(4,365,530

)

 

(4,913

)

 

(4,075,658

)

 

(13,392

)

 

(12,452,739

)

Transfers between Investment Divisions

 

5,819,672

 

 

369,775

 

 

(269,336

)

 

543

 

 

4,125,660

 

 

232,687

 

 

2,281,250

 

Contract owner charges

 

(1,773,937

)

 

(20,135

)

 

(693,513

)

 

(1,802

)

 

(637,105

)

 

(8,311

)

 

(2,326,469

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(1,558,832

)

 

693,986

 

 

(4,534,081

)

 

28,828

 

 

5,199,906

 

 

232,984

 

 

(3,815,649

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

11,487,139

 

 

838,722

 

 

728,467

 

 

44,504

 

 

14,067,726

 

 

310,963

 

 

33,675,439

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

126,050,920

 

 

857,054

 

 

50,441,052

 

 

111,861

 

 

61,040,492

 

 

482,431

 

 

177,404,534

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

137,538,059

 

$

1,695,776

 

$

51,169,519

 

$

156,365

 

$

75,108,218

 

$

793,394

 

$

211,079,973

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

3,267,807

 

 

16,643

 

 

4,446,715

 

 

8,806

 

 

5,067,733

 

 

38,130

 

 

2,304,036

 

Units issued

 

521,908

 

 

17,807

 

 

239,295

 

 

2,704

 

 

1,489,256

 

 

22,500

 

 

341,281

 

Units redeemed

 

(566,501

)

 

(5,469

)

 

(620,255

)

 

(585

)

 

(1,089,564

)

 

(6,064

)

 

(387,739

)

Units outstanding at end of year

 

3,223,214

 

 

28,981

 

 

4,065,755

 

 

10,925

 

 

5,467,425

 

 

54,566

 

 

2,257,578

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investments in Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

21,283,221

 

$

967,342

 

$

2,839,537

 

$

36,727

 

$

19,381,820

 

$

319,274

 

$

29,010,442

 

Proceeds from sales

$

24,655,709

 

$

278,908

 

$

8,106,629

 

$

8,550

 

$

15,069,502

 

$

89,355

 

$

35,430,987

 

 

See Notes to the Financial Statements.

54


                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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/JPMorgan U.S. Value Fund - Class A

 

JNL/JPMorgan U.S. Value Fund - Class I

 

JNL/Lazard International Strategic Equity Fund - Class A

 

JNL/Lazard International Strategic Equity Fund - Class I

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(12,061

)

$

(914,835

)

$

(7,021

)

$

(1,186,827

)

$

(4,696

)

$

5,050

 

$

604

 

Net realized gain (loss) on investments in Funds

 

78

 

 

(1,152,605

)

 

(15,442

)

 

3,674,620

 

 

5,845

 

 

(26,158

)

 

(14

)

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

512,879

 

 

3,739,204

 

 

82,972

 

 

3,253,300

 

 

62,931

 

 

1,103,851

 

 

6,403

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

500,896

 

 

1,671,764

 

 

60,509

 

 

5,741,093

 

 

64,080

 

 

1,082,743

 

 

6,993

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

269,961

 

 

1,982,905

 

 

44,871

 

 

3,406,372

 

 

113,795

 

 

671,493

 

 

 

Surrenders and terminations

 

(27,356

)

 

(5,668,631

)

 

(2,557

)

 

(7,356,283

)

 

(11,143

)

 

(402,444

)

 

 

Transfers between Investment Divisions

 

106,330

 

 

6,179,482

 

 

441,315

 

 

(5,658,171

)

 

(107,415

)

 

148,291

 

 

17,372

 

Contract owner charges

 

(31,462

)

 

(727,192

)

 

(2,876

)

 

(1,131,812

)

 

(10,446

)

 

(59,476

)

 

(201

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

317,473

 

 

1,766,564

 

 

480,753

 

 

(10,739,894

)

 

(15,209

)

 

357,864

 

 

17,171

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

818,369

 

 

3,438,328

 

 

541,262

 

 

(4,998,801

)

 

48,871

 

 

1,440,607

 

 

24,164

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

2,015,845

 

 

63,714,773

 

 

1,345,149

 

 

87,573,803

 

 

775,677

 

 

7,235,529

 

 

34,477

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

2,834,214

 

$

67,153,101

 

$

1,886,411

 

$

82,575,002

 

$

824,548

 

$

8,676,136

 

$

58,641

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

18,254

 

 

3,280,232

 

 

49,812

 

 

5,091,357

 

 

37,411

 

 

510,998

 

 

2,309

 

Units issued

 

5,706

 

 

861,003

 

 

25,789

 

 

690,616

 

 

5,978

 

 

99,541

 

 

1,043

 

Units redeemed

 

(3,077

)

 

(778,645

)

 

(9,063

)

 

(1,326,398

)

 

(6,787

)

 

(76,473

)

 

(14

)

Units outstanding at end of year

 

20,883

 

 

3,362,590

 

 

66,538

 

 

4,455,575

 

 

36,602

 

 

534,066

 

 

3,338

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investments in Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

676,314

 

$

16,899,632

 

$

718,206

 

$

12,215,536

 

$

122,075

 

$

1,613,322

 

$

18,218

 

Proceeds from sales

$

370,901

 

$

16,047,903

 

$

244,474

 

$

24,142,257

 

$

141,981

 

$

1,250,408

 

$

443

 

 

See Notes to the Financial Statements.

55


                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

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

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(374,049

)

$

174

 

$

365,468

 

$

19,778

 

$

(1,096,231

)

$

(4,162

)

$

(404,078

)

Net realized gain (loss) on investments in Funds

 

1,919,369

 

 

9,318

 

 

(76,566

)

 

(460

)

 

(1,478,200

)

 

(21,241

)

 

362,732

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

5,819,918

 

 

29,038

 

 

460,049

 

 

13,356

 

 

5,411,310

 

 

65,926

 

 

10,976,351

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

7,365,238

 

 

38,530

 

 

748,951

 

 

32,674

 

 

2,836,879

 

 

40,523

 

 

10,935,005

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

432,788

 

 

30,000

 

 

1,689,883

 

 

33,490

 

 

2,284,731

 

 

7,892

 

 

2,038,832

 

Surrenders and terminations

 

(1,862,244

)

 

 

 

(1,390,913

)

 

(10,057

)

 

(6,996,283

)

 

(16,800

)

 

(2,591,474

)

Transfers between Investment Divisions

 

3,261,668

 

 

180,480

 

 

4,034,322

 

 

219,211

 

 

1,247,346

 

 

(141,723

)

 

18,391,647

 

Contract owner charges

 

(365,027

)

 

(668

)

 

(166,432

)

 

(5,685

)

 

(799,087

)

 

(2,091

)

 

(360,077

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

1,467,185

 

 

209,812

 

 

4,166,860

 

 

236,959

 

 

(4,263,293

)

 

(152,722

)

 

17,478,928

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

8,832,423

 

 

248,342

 

 

4,915,811

 

 

269,633

 

 

(1,426,414

)

 

(112,199

)

 

28,413,933

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

21,556,219

 

 

58,188

 

 

16,027,286

 

 

415,972

 

 

83,516,165

 

 

950,562

 

 

14,544,176

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

30,388,642

 

$

306,530

 

$

20,943,097

 

$

685,605

 

$

82,089,751

 

$

838,363

 

$

42,958,109

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

1,892,993

 

 

4,860

 

 

1,661,932

 

 

41,953

 

 

6,322,701

 

 

55,499

 

 

1,538,020

 

Units issued

 

654,857

 

 

14,005

 

 

967,105

 

 

32,806

 

 

730,085

 

 

1,320

 

 

2,208,086

 

Units redeemed

 

(565,738

)

 

(45

)

 

(540,783

)

 

(8,956

)

 

(1,052,563

)

 

(10,324

)

 

(733,638

)

Units outstanding at end of year

 

1,982,112

 

 

18,820

 

 

2,088,254

 

 

65,803

 

 

6,000,223

 

 

46,495

 

 

3,012,468

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investments in Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

10,013,504

 

$

220,654

 

$

10,032,349

 

$

351,679

 

$

9,624,525

 

$

22,902

 

$

26,500,917

 

Proceeds from sales

$

7,978,354

 

$

1,326

 

$

5,500,021

 

$

94,942

 

$

14,984,049

 

$

179,786

 

$

9,426,066

 

 

See Notes to the Financial Statements.

56


                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(840

)

$

(1,454,631

)

$

(1,282

)

$

(346,870

)

$

(1,008

)

$

(956,157

)

$

(5,209

)

Net realized gain (loss) on investments in Funds

 

(5,428

)

 

4,463,905

 

 

(3,862

)

 

674,484

 

 

2,151

 

 

2,392,821

 

 

113,411

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

82,654

 

 

27,960,904

 

 

72,309

 

 

(373,233

)

 

1,585

 

 

7,905,624

 

 

18,640

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

76,386

 

 

30,970,178

 

 

67,165

 

 

(45,619

)

 

2,728

 

 

9,342,288

 

 

126,842

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

50,000

 

 

4,048,667

 

 

 

 

1,927,244

 

 

6,623

 

 

5,257,507

 

 

 

Surrenders and terminations

 

(891

)

 

(8,437,139

)

 

(1,865

)

 

(1,381,374

)

 

(5,004

)

 

(3,208,741

)

 

(473

)

Transfers between Investment Divisions

 

96,213

 

 

11,384,689

 

 

98,909

 

 

(5,421,305

)

 

(65,363

)

 

(1,625,367

)

 

(337,890

)

Contract owner charges

 

(2,379

)

 

(1,272,613

)

 

(2,609

)

 

(310,953

)

 

(2,612

)

 

(913,705

)

 

(9,574

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

142,943

 

 

5,723,604

 

 

94,435

 

 

(5,186,388

)

 

(66,356

)

 

(490,306

)

 

(347,937

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

219,329

 

 

36,693,782

 

 

161,600

 

 

(5,232,007

)

 

(63,628

)

 

8,851,982

 

 

(221,095

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

98,294

 

 

81,894,168

 

 

201,242

 

 

27,649,041

 

 

220,265

 

 

68,916,001

 

 

930,591

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

317,623

 

$

118,587,950

 

$

362,842

 

$

22,417,034

 

$

156,637

 

$

77,767,983

 

$

709,496

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

7,633

 

 

2,061,332

 

 

3,734

 

 

1,967,053

 

 

16,091

 

 

2,391,039

 

 

24,254

 

Units issued

 

12,806

 

 

643,124

 

 

3,797

 

 

447,826

 

 

6,276

 

 

590,263

 

 

18,103

 

Units redeemed

 

(4,130

)

 

(520,984

)

 

(2,710

)

 

(825,255

)

 

(10,674

)

 

(618,082

)

 

(26,237

)

Units outstanding at end of year

 

16,309

 

 

2,183,472

 

 

4,821

 

 

1,589,624

 

 

11,693

 

 

2,363,220

 

 

16,120

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investments in Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

209,575

 

$

30,430,914

 

$

259,870

 

$

6,285,728

 

$

94,242

 

$

17,938,984

 

$

699,985

 

Proceeds from sales

$

67,472

 

$

26,161,941

 

$

166,717

 

$

11,818,986

 

$

161,606

 

$

19,385,448

 

$

1,053,132

 

 

See Notes to the Financial Statements.

57


                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 Financial Sector Fund - Class A

 

JNL/Mellon Financial Sector Fund - Class I

 

JNL/Mellon Healthcare Sector Fund - Class A

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(905,025

)

$

(2,877

)

$

(2,305,980

)

$

(16,363

)

$

(1,539,097

)

$

(2,039

)

$

(4,184,578

)

Net realized gain (loss) on investments in Funds

 

(603,731

)

 

(10,261

)

 

20,629,158

 

 

68,287

 

 

3,336,626

 

 

(2,159

)

 

16,677,189

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

6,380,922

 

 

67,497

 

 

(24,024,895

)

 

(68,115

)

 

11,927,177

 

 

65,419

 

 

(12,885,324

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

4,872,166

 

 

54,359

 

 

(5,701,717

)

 

(16,191

)

 

13,724,706

 

 

61,221

 

 

(392,713

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

2,087,748

 

 

8,596

 

 

6,390,019

 

 

126,029

 

 

3,281,583

 

 

3,630

 

 

9,156,343

 

Surrenders and terminations

 

(4,225,769

)

 

(1,717

)

 

(11,936,727

)

 

(230,903

)

 

(9,135,035

)

 

(4,355

)

 

(25,465,248

)

Transfers between Investment Divisions

 

728,975

 

 

79,427

 

 

(34,489,722

)

 

3,803,239

 

 

(7,073,434

)

 

(8,781

)

 

(9,792,002

)

Contract owner charges

 

(858,168

)

 

(8,304

)

 

(2,124,890

)

 

(54,734

)

 

(1,392,198

)

 

(6,204

)

 

(3,599,253

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(2,267,214

)

 

78,002

 

 

(42,161,320

)

 

3,643,631

 

 

(14,319,084

)

 

(15,710

)

 

(29,700,160

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

2,604,952

 

 

132,361

 

 

(47,863,037

)

 

3,627,440

 

 

(594,378

)

 

45,511

 

 

(30,092,873

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

64,218,713

 

 

535,001

 

 

194,898,747

 

 

799,579

 

 

114,171,199

 

 

432,706

 

 

321,826,186

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

66,823,665

 

$

667,362

 

$

147,035,710

 

$

4,427,019

 

$

113,576,821

 

$

478,217

 

$

291,733,313

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

6,586,611

 

 

47,026

 

 

4,430,759

 

 

13,214

 

 

5,867,457

 

 

16,422

 

 

6,561,160

 

Units issued

 

769,445

 

 

16,169

 

 

845,270

 

 

73,395

 

 

987,098

 

 

4,369

 

 

775,469

 

Units redeemed

 

(995,995

)

 

(9,417

)

 

(1,840,956

)

 

(15,250

)

 

(1,718,466

)

 

(5,229

)

 

(1,395,303

)

Units outstanding at end of year

 

6,360,061

 

 

53,778

 

 

3,435,073

 

 

71,359

 

 

5,136,089

 

 

15,562

 

 

5,941,326

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investments in Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

7,800,718

 

$

191,238

 

$

36,647,009

 

$

4,572,990

 

$

19,663,662

 

$

125,051

 

$

37,160,539

 

Proceeds from sales

$

10,972,957

 

$

116,113

 

$

81,114,309

 

$

945,721

 

$

35,521,843

 

$

142,800

 

$

71,045,277

 

 

See Notes to the Financial Statements.

58


                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Mellon Healthcare Sector 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

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(5,310

)

$

(162,016

)

$

(842

)

$

(6,162,340

)

$

(8,001

)

$

(2,441,702

)

$

(11,826

)

Net realized gain (loss) on investments in Funds

 

36,441

 

 

348,551

 

 

6,086

 

 

35,967,478

 

 

109,341

 

 

(127,148

)

 

5,350

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

(15,701

)

 

1,951,392

 

 

28,894

 

 

153,242,609

 

 

607,209

 

 

27,964,822

 

 

401,486

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

15,430

 

 

2,137,927

 

 

34,138

 

 

183,047,747

 

 

708,549

 

 

25,395,972

 

 

395,010

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

106,130

 

 

817,390

 

 

15,750

 

 

15,713,969

 

 

274,590

 

 

4,831,548

 

 

9,137

 

Surrenders and terminations

 

(9,994

)

 

(654,378

)

 

(2,375

)

 

(31,732,414

)

 

(19,296

)

 

(12,157,191

)

 

(47,450

)

Transfers between Investment Divisions

 

(195,624

)

 

297,594

 

 

(25,770

)

 

16,502,424

 

 

119,796

 

 

(5,151,729

)

 

(91,466

)

Contract owner charges

 

(14,885

)

 

(149,009

)

 

(3,090

)

 

(5,368,605

)

 

(18,733

)

 

(2,172,622

)

 

(40,040

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(114,373

)

 

311,597

 

 

(15,485

)

 

(4,884,626

)

 

356,357

 

 

(14,649,994

)

 

(169,819

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

(98,943

)

 

2,449,524

 

 

18,653

 

 

178,163,121

 

 

1,064,906

 

 

10,745,978

 

 

225,191

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

1,076,029

 

 

11,651,190

 

 

187,301

 

 

327,781,276

 

 

1,102,127

 

 

169,688,710

 

 

2,359,195

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

977,086

 

$

14,100,714

 

$

205,954

 

$

505,944,397

 

$

2,167,033

 

$

180,434,688

 

$

2,584,386

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

16,077

 

 

840,567

 

 

12,641

 

 

10,638,173

 

 

25,334

 

 

8,282,534

 

 

86,982

 

Units issued

 

8,526

 

 

285,978

 

 

3,277

 

 

2,191,052

 

 

18,891

 

 

982,176

 

 

8,945

 

Units redeemed

 

(10,214

)

 

(267,896

)

 

(4,330

)

 

(2,321,887

)

 

(12,207

)

 

(1,648,743

)

 

(14,499

)

Units outstanding at end of year

 

14,389

 

 

858,649

 

 

11,588

 

 

10,507,338

 

 

32,018

 

 

7,615,967

 

 

81,428

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investments in Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

547,433

 

$

4,222,617

 

$

53,769

 

$

89,007,879

 

$

1,071,499

 

$

21,935,642

 

$

263,787

 

Proceeds from sales

$

667,117

 

$

4,073,036

 

$

70,096

 

$

100,054,845

 

$

723,144

 

$

39,027,338

 

$

445,433

 

 

See Notes to the Financial Statements.

59


                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Mellon Materials Sector Fund - Class A

 

JNL/Mellon Materials Sector 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

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(166,820

)

$

(1,168

)

$

(5,814,954

)

$

(20,851

)

$

(213,821

)

$

(1,838

)

$

(3,441,744

)

Net realized gain (loss) on investments in Funds

 

157,912

 

 

11,317

 

 

19,202,353

 

 

241,285

 

 

(249,403

)

 

(11,508

)

 

10,177,152

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

1,330,400

 

 

23,803

 

 

154,632,611

 

 

1,491,205

 

 

1,953,664

 

 

51,658

 

 

26,377,534

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

1,321,492

 

 

33,952

 

 

168,020,010

 

 

1,711,639

 

 

1,490,440

 

 

38,312

 

 

33,112,942

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

783,954

 

 

 

 

24,574,139

 

 

196,816

 

 

928,695

 

 

14,505

 

 

9,257,826

 

Surrenders and terminations

 

(866,478

)

 

(4,188

)

 

(26,009,088

)

 

(101,218

)

 

(724,953

)

 

(26,698

)

 

(18,154,611

)

Transfers between Investment Divisions

 

(966,427

)

 

(80,629

)

 

43,070,633

 

 

166,291

 

 

(566,032

)

 

(19,452

)

 

2,899,221

 

Contract owner charges

 

(159,432

)

 

(3,202

)

 

(5,418,629

)

 

(48,501

)

 

(178,552

)

 

(5,571

)

 

(2,877,975

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(1,208,383

)

 

(88,019

)

 

36,217,055

 

 

213,388

 

 

(540,842

)

 

(37,216

)

 

(8,875,539

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

113,109

 

 

(54,067

)

 

204,237,065

 

 

1,925,027

 

 

949,598

 

 

1,096

 

 

24,237,403

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

11,951,842

 

 

244,823

 

 

311,335,739

 

 

2,854,377

 

 

15,897,389

 

 

380,295

 

 

238,826,325

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

12,064,951

 

$

190,756

 

$

515,572,804

 

$

4,779,404

 

$

16,846,987

 

$

381,391

 

$

263,063,728

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

894,626

 

 

17,183

 

 

6,374,187

 

 

54,104

 

 

1,420,457

 

 

32,635

 

 

5,519,730

 

Units issued

 

387,563

 

 

5,841

 

 

1,809,477

 

 

30,496

 

 

339,369

 

 

6,201

 

 

709,838

 

Units redeemed

 

(480,310

)

 

(11,272

)

 

(1,251,370

)

 

(26,759

)

 

(385,646

)

 

(9,239

)

 

(914,114

)

Units outstanding at end of year

 

801,879

 

 

11,752

 

 

6,932,294

 

 

57,841

 

 

1,374,180

 

 

29,597

 

 

5,315,454

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investments in Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

5,455,862

 

$

83,471

 

$

115,468,389

 

$

2,078,286

 

$

3,801,150

 

$

73,624

 

$

32,843,293

 

Proceeds from sales

$

6,831,065

 

$

172,658

 

$

85,066,287

 

$

1,885,749

 

$

4,555,814

 

$

112,678

 

$

45,160,577

 

 

See Notes to the Financial Statements.

60


                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 U.S. Stock Market Index Fund - Class A

 

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

 

JNL/Mellon Utilities Sector Fund - Class A

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(12,633

)

$

(13,870,969

)

$

(2,512,906

)

$

(11,369

)

$

(5,846,489

)

$

(8,873

)

$

(403,547

)

Net realized gain (loss) on investments in Funds

 

45,883

 

 

48,147,766

 

 

5,231,731

 

 

46,334

 

 

3,671,753

 

 

21,689

 

 

(24,474

)

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

355,094

 

 

181,391,444

 

 

21,121,859

 

 

290,288

 

 

89,789,975

 

 

399,056

 

 

(2,679,459

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

388,344

 

 

215,668,241

 

 

23,840,684

 

 

325,253

 

 

87,615,239

 

 

411,872

 

 

(3,107,480

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

18,000

 

 

64,033,321

 

 

6,848,547

 

 

43,000

 

 

5,558,707

 

 

34,852

 

 

1,585,672

 

Surrenders and terminations

 

(17,619

)

 

(66,621,927

)

 

(12,831,154

)

 

(23,714

)

 

(32,060,208

)

 

(52,012

)

 

(2,622,752

)

Transfers between Investment Divisions

 

68,963

 

 

15,395,346

 

 

3,297,951

 

 

(6,753

)

 

(5,041,313

)

 

(156,055

)

 

(5,640,816

)

Contract owner charges

 

(31,131

)

 

(11,977,610

)

 

(2,169,691

)

 

(30,921

)

 

(5,322,249

)

 

(21,137

)

 

(343,888

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

38,213

 

 

829,130

 

 

(4,854,347

)

 

(18,388

)

 

(36,865,063

)

 

(194,352

)

 

(7,021,784

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

426,557

 

 

216,497,371

 

 

18,986,337

 

 

306,865

 

 

50,750,176

 

 

217,520

 

 

(10,129,264

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

2,432,925

 

 

905,280,422

 

 

175,540,739

 

 

2,099,108

 

 

382,430,198

 

 

1,740,135

 

 

35,500,351

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

2,859,482

 

$

1,121,777,793

 

$

194,527,076

 

$

2,405,973

 

$

433,180,374

 

$

1,957,655

 

$

25,371,087

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

43,416

 

 

26,985,175

 

 

4,854,766

 

 

43,954

 

 

25,995,752

 

 

110,800

 

 

1,808,854

 

Units issued

 

9,740

 

 

4,710,413

 

 

846,587

 

 

12,159

 

 

1,959,234

 

 

26,445

 

 

571,193

 

Units redeemed

 

(8,956

)

 

(4,765,163

)

 

(983,178

)

 

(12,526

)

 

(4,211,023

)

 

(37,950

)

 

(962,157

)

Units outstanding at end of year

 

44,200

 

 

26,930,425

 

 

4,718,175

 

 

43,587

 

 

23,743,963

 

 

99,295

 

 

1,417,890

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investments in Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

579,544

 

$

179,903,636

 

$

32,077,694

 

$

595,716

 

$

32,296,056

 

$

480,169

 

$

10,510,831

 

Proceeds from sales

$

553,964

 

$

192,945,475

 

$

39,444,946

 

$

625,473

 

$

75,007,608

 

$

683,394

 

$

17,936,162

 

 

See Notes to the Financial Statements.

61


                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Mellon Utilities Sector Fund - Class I

 

JNL/Mellon World Index Fund - Class A

 

JNL/Mellon World Index Fund - Class I

 

JNL/MFS Mid Cap Value Fund - Class A

 

JNL/MFS Mid Cap Value Fund - Class I

 

JNL/Morningstar PitchBook Listed Private Equity Index Fund - Class A

 

JNL/Morningstar U.S. Sustainability Index Fund - Class A

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(1,561

)

$

(173,873

)

$

(1,803

)

$

(2,044,953

)

$

(4,727

)

$

(6,102

)

$

(282,312

)

Net realized gain (loss) on investments in Funds

 

(2,085

)

 

263,244

 

 

4,296

 

 

6,040,288

 

 

12,895

 

 

528

 

 

459,022

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

(23,286

)

 

2,830,018

 

 

79,928

 

 

10,645,363

 

 

109,024

 

 

292,895

 

 

4,505,638

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

(26,932

)

 

2,919,389

 

 

82,421

 

 

14,640,698

 

 

117,192

 

 

287,321

 

 

4,682,348

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

 

 

984,057

 

 

31,500

 

 

4,574,106

 

 

52,217

 

 

30,509

 

 

2,265,481

 

Surrenders and terminations

 

(4,007

)

 

(282,267

)

 

 

 

(10,478,252

)

 

(68,159

)

 

(17,730

)

 

(1,849,406

)

Transfers between Investment Divisions

 

(59,335

)

 

(541,079

)

 

(28,442

)

 

(571,097

)

 

44,366

 

 

697,719

 

 

4,011,377

 

Contract owner charges

 

(2,742

)

 

(107,865

)

 

(4,350

)

 

(1,868,737

)

 

(13,592

)

 

(127

)

 

(249,475

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(66,084

)

 

52,846

 

 

(1,292

)

 

(8,343,980

)

 

14,832

 

 

710,371

 

 

4,177,977

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

(93,016

)

 

2,972,235

 

 

81,129

 

 

6,296,718

 

 

132,024

 

 

997,692

 

 

8,860,325

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

374,298

 

 

13,250,988

 

 

343,091

 

 

141,577,221

 

 

907,545

 

 

311,517

 

 

17,263,881

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

281,282

 

$

16,223,223

 

$

424,220

 

$

147,873,939

 

$

1,039,569

 

$

1,309,209

 

$

26,124,206

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

17,920

 

 

463,416

 

 

9,129

 

 

4,645,395

 

 

23,304

 

 

39,966

 

 

1,047,536

 

Units issued

 

5,004

 

 

92,349

 

 

3,257

 

 

595,757

 

 

3,944

 

 

85,953

 

 

471,168

 

Units redeemed

 

(8,328

)

 

(91,732

)

 

(3,185

)

 

(858,846

)

 

(3,370

)

 

(5,624

)

 

(244,654

)

Units outstanding at end of year

 

14,596

 

 

464,033

 

 

9,201

 

 

4,382,306

 

 

23,878

 

 

120,295

 

 

1,274,050

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investments in Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

94,403

 

$

2,812,176

 

$

134,061

 

$

18,567,897

 

$

151,956

 

$

764,936

 

$

8,729,605

 

Proceeds from sales

$

162,048

 

$

2,933,202

 

$

137,156

 

$

28,956,830

 

$

141,851

 

$

60,667

 

$

4,833,940

 

 

See Notes to the Financial Statements.

62


                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Morningstar U.S. Sustainability Index 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 Gold Plus Strategy Fund - Class A

 

JNL/Neuberger Berman Strategic Income Fund - Class A

 

JNL/Neuberger Berman Strategic Income Fund - Class I

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(3,496

)

$

(140,337

)

$

637

 

$

(34,113

)

$

(16,236

)

$

(600,137

)

$

(1,536

)

Net realized gain (loss) on investments in Funds

 

10,990

 

 

1,077,411

 

 

21,442

 

 

156,273

 

 

16,946

 

 

2,861

 

 

416

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

168,030

 

 

6,387,654

 

 

76,295

 

 

(364,939

)

 

81,335

 

 

4,261,428

 

 

32,361

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

175,524

 

 

7,324,728

 

 

98,374

 

 

(242,779

)

 

82,045

 

 

3,664,152

 

 

31,241

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

 

 

3,887,870

 

 

 

 

277,959

 

 

125,233

 

 

2,266,910

 

 

30,109

 

Surrenders and terminations

 

(7,234

)

 

(1,121,728

)

 

(2,856

)

 

(414,538

)

 

(630,940

)

 

(3,491,485

)

 

(18,691

)

Transfers between Investment Divisions

 

(38,475

)

 

13,641,142

 

 

94,666

 

 

(568,049

)

 

1,061,714

 

 

75,581

 

 

8,460

 

Contract owner charges

 

(12,227

)

 

(359,986

)

 

(3,906

)

 

(2,009

)

 

(432

)

 

(453,377

)

 

(5,017

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(57,936

)

 

16,047,298

 

 

87,904

 

 

(706,637

)

 

555,575

 

 

(1,602,371

)

 

14,861

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

117,588

 

 

23,372,026

 

 

186,278

 

 

(949,416

)

 

637,620

 

 

2,061,781

 

 

46,102

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

728,872

 

 

19,351,705

 

 

223,780

 

 

4,080,869

 

 

714,274

 

 

45,392,324

 

 

319,317

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

846,460

 

$

42,723,731

 

$

410,058

 

$

3,131,453

 

$

1,351,894

 

$

47,454,105

 

$

365,419

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

41,330

 

 

1,346,248

 

 

14,819

 

 

421,286

 

 

77,475

 

 

4,043,129

 

 

24,822

 

Units issued

 

3,579

 

 

1,421,492

 

 

23,867

 

 

93,309

 

 

230,612

 

 

627,939

 

 

3,913

 

Units redeemed

 

(6,779

)

 

(474,193

)

 

(17,995

)

 

(168,887

)

 

(176,893

)

 

(775,635

)

 

(2,875

)

Units outstanding at end of year

 

38,130

 

 

2,293,547

 

 

20,691

 

 

345,708

 

 

131,194

 

 

3,895,433

 

 

25,860

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investments in Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

71,688

 

$

25,756,319

 

$

431,312

 

$

879,203

 

$

2,298,365

 

$

7,258,829

 

$

52,700

 

Proceeds from sales

$

133,120

 

$

8,303,468

 

$

327,714

 

$

1,619,953

 

$

1,759,026

 

$

9,461,337

 

$

39,376

 

 

See Notes to the Financial Statements.

63


                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Newton Equity Income Fund - Class A

 

JNL/Newton Equity 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

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(1,123,308

)

$

(11,644

)

$

(619,265

)

$

(5,839

)

$

(502,166

)

$

(2,840

)

$

(1,109,247

)

Net realized gain (loss) on investments in Funds

 

3,300,771

 

 

37,459

 

 

69,796

 

 

128

 

 

(659,726

)

 

(2,208

)

 

(693,670

)

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

4,938,547

 

 

229,393

 

 

3,753,528

 

 

90,387

 

 

3,429,234

 

 

39,907

 

 

3,716,182

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

7,116,010

 

 

255,208

 

 

3,204,059

 

 

84,676

 

 

2,267,342

 

 

34,859

 

 

1,913,265

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

8,488,078

 

 

115,204

 

 

2,676,193

 

 

 

 

2,101,894

 

 

 

 

2,266,694

 

Surrenders and terminations

 

(6,593,053

)

 

(42,192

)

 

(3,366,304

)

 

(27,699

)

 

(2,633,612

)

 

(9,578

)

 

(7,451,653

)

Transfers between Investment Divisions

 

(3,617,043

)

 

656,598

 

 

2,285,055

 

 

84,675

 

 

1,101,983

 

 

90,863

 

 

(1,602,369

)

Contract owner charges

 

(902,904

)

 

(13,747

)

 

(449,183

)

 

(11,808

)

 

(375,200

)

 

(6,692

)

 

(929,454

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(2,624,922

)

 

715,863

 

 

1,145,761

 

 

45,168

 

 

195,065

 

 

74,593

 

 

(7,716,782

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

4,491,088

 

 

971,071

 

 

4,349,820

 

 

129,844

 

 

2,462,407

 

 

109,452

 

 

(5,803,517

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

84,740,327

 

 

1,915,179

 

 

45,664,628

 

 

1,023,179

 

 

36,077,059

 

 

433,274

 

 

82,460,776

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

89,231,415

 

$

2,886,250

 

$

50,014,448

 

$

1,153,023

 

$

38,539,466

 

$

542,726

 

$

76,657,259

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

2,686,117

 

 

60,229

 

 

4,584,127

 

 

97,064

 

 

3,250,758

 

 

35,855

 

 

5,814,575

 

Units issued

 

1,032,140

 

 

37,567

 

 

1,077,693

 

 

20,439

 

 

594,487

 

 

7,455

 

 

909,365

 

Units redeemed

 

(1,124,405

)

 

(16,969

)

 

(966,543

)

 

(16,427

)

 

(575,955

)

 

(1,351

)

 

(1,453,844

)

Units outstanding at end of year

 

2,593,852

 

 

80,827

 

 

4,695,277

 

 

101,076

 

 

3,269,290

 

 

41,959

 

 

5,270,096

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investments in Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

33,249,991

 

$

1,242,886

 

$

10,970,066

 

$

222,199

 

$

6,738,870

 

$

91,402

 

$

13,139,075

 

Proceeds from sales

$

36,998,221

 

$

538,667

 

$

10,443,570

 

$

182,871

 

$

7,045,971

 

$

19,649

 

$

21,965,105

 

 

See Notes to the Financial Statements.

64


                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 Total Return Fund - Class A

 

JNL/PPM America Total Return Fund - Class I

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(4,458

)

$

(1,137,010

)

$

(8,077

)

$

(1,160,519

)

$

(2,310

)

$

(612,404

)

$

(2,010

)

Net realized gain (loss) on investments in Funds

 

(6,620

)

 

1,147,289

 

 

(19,411

)

 

572,709

 

 

662

 

 

(569,974

)

 

(1,860

)

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

44,930

 

 

9,396,184

 

 

239,898

 

 

9,573,284

 

 

60,474

 

 

3,539,682

 

 

28,363

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

33,852

 

 

9,406,463

 

 

212,410

 

 

8,985,474

 

 

58,826

 

 

2,357,304

 

 

24,493

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

64,704

 

 

2,557,602

 

 

 

 

2,457,434

 

 

25,199

 

 

1,505,467

 

 

41,711

 

Surrenders and terminations

 

(91,358

)

 

(8,172,122

)

 

(39,760

)

 

(8,365,217

)

 

(5,646

)

 

(3,486,669

)

 

(16,558

)

Transfers between Investment Divisions

 

114,710

 

 

(3,410,195

)

 

(3,479,658

)

 

143,006

 

 

(65,188

)

 

1,940,923

 

 

22,229

 

Contract owner charges

 

(11,154

)

 

(821,304

)

 

(23,413

)

 

(865,945

)

 

(4,542

)

 

(486,092

)

 

(4,752

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

76,902

 

 

(9,846,019

)

 

(3,542,831

)

 

(6,630,722

)

 

(50,177

)

 

(526,371

)

 

42,630

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

110,754

 

 

(439,556

)

 

(3,330,421

)

 

2,354,752

 

 

8,649

 

 

1,830,933

 

 

67,123

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

834,456

 

 

88,734,415

 

 

4,052,548

 

 

83,745,402

 

 

506,360

 

 

45,819,716

 

 

365,562

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

945,210

 

$

88,294,859

 

$

722,127

 

$

86,100,154

 

$

515,009

 

$

47,650,649

 

$

432,685

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

47,983

 

 

7,773,920

 

 

362,270

 

 

3,806,403

 

 

16,539

 

 

2,863,172

 

 

28,809

 

Units issued

 

12,203

 

 

1,249,322

 

 

1,314

 

 

495,701

 

 

3,340

 

 

395,946

 

 

5,934

 

Units redeemed

 

(7,682

)

 

(2,103,403

)

 

(306,647

)

 

(786,677

)

 

(4,914

)

 

(427,375

)

 

(3,683

)

Units outstanding at end of year

 

52,504

 

 

6,919,839

 

 

56,937

 

 

3,515,427

 

 

14,965

 

 

2,831,743

 

 

31,060

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investments in Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

211,296

 

$

15,418,873

 

$

18,508

 

$

11,482,012

 

$

107,191

 

$

6,388,382

 

$

88,268

 

Proceeds from sales

$

138,852

 

$

26,401,902

 

$

3,569,416

 

$

19,273,253

 

$

159,678

 

$

7,527,157

 

$

47,648

 

 

See Notes to the Financial Statements.

65


                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

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

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(316,241

)

$

(1,598

)

$

(2,452,732

)

$

(727

)

$

(345,472

)

$

(374

)

$

(9,479,692

)

Net realized gain (loss) on investments in Funds

 

178,243

 

 

7,680

 

 

9,073,179

 

 

12,942

 

 

467,259

 

 

18

 

 

19,082,088

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

3,474,938

 

 

53,959

 

 

9,030,058

 

 

3,343

 

 

4,316,534

 

 

14,190

 

 

104,761,096

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

3,336,940

 

 

60,041

 

 

15,650,505

 

 

15,558

 

 

4,438,321

 

 

13,834

 

 

114,363,492

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

591,969

 

 

8,177

 

 

979,861

 

 

 

 

1,384,447

 

 

 

 

48,669,938

 

Surrenders and terminations

 

(2,005,607

)

 

(11,780

)

 

(17,393,084

)

 

(64,976

)

 

(1,704,803

)

 

 

 

(43,705,718

)

Transfers between Investment Divisions

 

(1,090,485

)

 

(1,922

)

 

(2,202,351

)

 

 

 

(530,691

)

 

105

 

 

30,435,226

 

Contract owner charges

 

(268,452

)

 

(5,414

)

 

(1,412,770

)

 

(931

)

 

(122,065

)

 

(466

)

 

(7,608,802

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(2,772,575

)

 

(10,939

)

 

(20,028,344

)

 

(65,907

)

 

(973,112

)

 

(361

)

 

27,790,644

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

564,365

 

 

49,102

 

 

(4,377,839

)

 

(50,349

)

 

3,465,209

 

 

13,473

 

 

142,154,136

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

23,091,046

 

 

341,968

 

 

166,673,275

 

 

134,594

 

 

28,135,411

 

 

80,422

 

 

666,960,287

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

23,655,411

 

$

391,070

 

$

162,295,436

 

$

84,245

 

$

31,600,620

 

$

93,895

 

$

809,114,423

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

1,201,216

 

 

14,065

 

 

6,090,077

 

 

3,801

 

 

2,197,174

 

 

5,812

 

 

32,550,844

 

Units issued

 

186,046

 

 

3,282

 

 

247,276

 

 

 

 

309,663

 

 

7

 

 

5,927,268

 

Units redeemed

 

(320,873

)

 

(3,549

)

 

(965,458

)

 

(1,608

)

 

(376,053

)

 

(32

)

 

(4,699,818

)

Units outstanding at end of year

 

1,066,389

 

 

13,798

 

 

5,371,895

 

 

2,193

 

 

2,130,784

 

 

5,787

 

 

33,778,294

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investments in Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

3,752,326

 

$

82,037

 

$

7,014,415

 

$

 

$

4,269,986

 

$

105

 

$

131,460,607

 

Proceeds from sales

$

6,841,142

 

$

94,575

 

$

29,495,491

 

$

66,635

 

$

5,588,570

 

$

840

 

$

113,149,654

 

 

See Notes to the Financial Statements.

66


                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(35,546

)

$

(8,297,395

)

$

(24,638

)

$

(5,093,502

)

$

(13,343

)

$

(932,429

)

$

(16,174

)

Net realized gain (loss) on investments in Funds

 

176,161

 

 

19,571,169

 

 

32,207

 

 

13,626,618

 

 

25,970

 

 

(60,954

)

 

3,913

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

1,080,834

 

 

206,705,317

 

 

1,956,303

 

 

49,858,445

 

 

526,809

 

 

3,314,255

 

 

176,310

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

1,221,449

 

 

217,979,091

 

 

1,963,872

 

 

58,391,561

 

 

539,436

 

 

2,320,872

 

 

164,049

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

876,166

 

 

15,811,925

 

 

121,367

 

 

12,072,048

 

 

68,640

 

 

1,812,529

 

 

14,788

 

Surrenders and terminations

 

(445,973

)

 

(44,543,860

)

 

(72,602

)

 

(24,230,759

)

 

(95,703

)

 

(7,536,364

)

 

(24,732

)

Transfers between Investment Divisions

 

(103,880

)

 

5,107,515

 

 

690,470

 

 

(3,633,048

)

 

76,828

 

 

(6,347,770

)

 

(1,360,018

)

Contract owner charges

 

(80,131

)

 

(7,684,228

)

 

(57,543

)

 

(5,132,361

)

 

(25,810

)

 

(778,004

)

 

(4,724

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

246,182

 

 

(31,308,648

)

 

681,692

 

 

(20,924,120

)

 

23,955

 

 

(12,849,609

)

 

(1,374,686

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

1,467,631

 

 

186,670,443

 

 

2,645,564

 

 

37,467,441

 

 

563,391

 

 

(10,528,737

)

 

(1,210,637

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

6,463,523

 

 

483,249,867

 

 

3,716,343

 

 

331,897,250

 

 

2,712,013

 

 

76,556,219

 

 

3,865,104

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

7,931,154

 

$

669,920,310

 

$

6,361,907

 

$

369,364,691

 

$

3,275,404

 

$

66,027,482

 

$

2,654,467

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

294,192

 

 

5,807,067

 

 

31,093

 

 

2,436,237

 

 

13,623

 

 

7,633,998

 

 

314,919

 

Units issued

 

71,798

 

 

765,311

 

 

10,919

 

 

229,081

 

 

1,943

 

 

1,173,541

 

 

28,810

 

Units redeemed

 

(60,160

)

 

(1,064,629

)

 

(5,865

)

 

(374,167

)

 

(1,845

)

 

(2,454,245

)

 

(136,907

)

Units outstanding at end of year

 

305,830

 

 

5,507,749

 

 

36,147

 

 

2,291,151

 

 

13,721

 

 

6,353,294

 

 

206,822

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investments in Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

1,694,164

 

$

80,339,251

 

$

1,617,104

 

$

34,612,972

 

$

405,317

 

$

12,363,130

 

$

362,409

 

Proceeds from sales

$

1,483,527

 

$

119,945,294

 

$

960,050

 

$

60,630,594

 

$

394,705

 

$

26,145,168

 

$

1,753,269

 

 

See Notes to the Financial Statements.

67


                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 Growth ETF Allocation Fund - Class A

 

JNL/Vanguard Growth ETF Allocation Fund - Class I

 

JNL/Vanguard Moderate ETF Allocation Fund - Class A

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(153,769

)

$

(280

)

$

(3,793,880

)

$

(15,900

)

$

(2,009,643

)

$

(30,757

)

$

(519,434

)

Net realized gain (loss) on investments in Funds

 

(24,542

)

 

(681

)

 

8,170,997

 

 

245,362

 

 

(504,038

)

 

(4,606

)

 

45,346

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

1,629,037

 

 

8,606

 

 

22,040,419

 

 

167,826

 

 

19,968,573

 

 

830,651

 

 

3,851,757

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

1,450,726

 

 

7,645

 

 

26,417,536

 

 

397,288

 

 

17,454,892

 

 

795,288

 

 

3,377,669

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

1,153,656

 

 

4,309

 

 

8,998,362

 

 

40,018

 

 

6,387,913

 

 

269,625

 

 

2,596,280

 

Surrenders and terminations

 

(1,077,852

)

 

(210

)

 

(15,587,825

)

 

(83,285

)

 

(11,239,901

)

 

(107,526

)

 

(2,611,152

)

Transfers between Investment Divisions

 

1,538,052

 

 

15,490

 

 

3,229,772

 

 

(1,330,459

)

 

(2,218,794

)

 

308,776

 

 

(402,193

)

Contract owner charges

 

(109,898

)

 

(739

)

 

(3,126,096

)

 

(31,393

)

 

(1,896,896

)

 

(63,426

)

 

(366,497

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

1,503,958

 

 

18,850

 

 

(6,485,787

)

 

(1,405,119

)

 

(8,967,678

)

 

407,449

 

 

(783,562

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

2,954,684

 

 

26,495

 

 

19,931,749

 

 

(1,007,831

)

 

8,487,214

 

 

1,202,737

 

 

2,594,107

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

11,340,690

 

 

54,971

 

 

256,681,471

 

 

4,443,779

 

 

142,177,349

 

 

5,418,340

 

 

39,805,560

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

14,295,374

 

$

81,466

 

$

276,613,220

 

$

3,435,948

 

$

150,664,563

 

$

6,621,077

 

$

42,399,667

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

1,117,347

 

 

5,108

 

 

6,188,259

 

 

78,525

 

 

11,890,200

 

 

422,848

 

 

3,754,426

 

Units issued

 

419,558

 

 

2,506

 

 

902,985

 

 

11,086

 

 

1,152,747

 

 

49,304

 

 

546,695

 

Units redeemed

 

(281,823

)

 

(942

)

 

(1,054,910

)

 

(35,228

)

 

(1,867,302

)

 

(19,361

)

 

(619,512

)

Units outstanding at end of year

 

1,255,082

 

 

6,672

 

 

6,036,334

 

 

54,383

 

 

11,175,645

 

 

452,791

 

 

3,681,609

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investments in Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

4,533,850

 

$

29,097

 

$

38,201,861

 

$

624,686

 

$

14,634,759

 

$

666,365

 

$

5,916,551

 

Proceeds from sales

$

3,183,661

 

$

10,527

 

$

48,481,529

 

$

2,045,705

 

$

25,612,081

 

$

289,674

 

$

7,219,548

 

 

See Notes to the Financial Statements.

68


                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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/WCM China Quality Growth Fund - Class A

 

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)

$

(6,991

)

$

(780,977

)

$

(22,385

)

$

(1,711

)

$

(815,317

)

$

(3,730

)

$

(37,542

)

Net realized gain (loss) on investments in Funds

 

4,882

 

 

274,590

 

 

11,338

 

 

(9,796

)

 

6,986,193

 

 

96,699

 

 

34,362

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

150,241

 

 

6,659,583

 

 

583,854

 

 

(42,508

)

 

2,016,427

 

 

29,481

 

 

150,506

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

148,132

 

 

6,153,196

 

 

572,807

 

 

(54,015

)

 

8,187,303

 

 

122,450

 

 

147,326

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

 

 

3,114,968

 

 

 

 

 

 

5,336,300

 

 

34,860

 

 

367,918

 

Surrenders and terminations

 

(27,335

)

 

(3,000,742

)

 

(139,653

)

 

(36,609

)

 

(2,722,956

)

 

(25,405

)

 

(167,784

)

Transfers between Investment Divisions

 

31,128

 

 

(787,385

)

 

71,384

 

 

200,870

 

 

1,538,219

 

 

44,015

 

 

(521,964

)

Contract owner charges

 

(5,632

)

 

(652,671

)

 

(65,123

)

 

(9

)

 

(667,263

)

 

(11,889

)

 

(29,011

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(1,839

)

 

(1,325,830

)

 

(133,392

)

 

164,252

 

 

3,484,300

 

 

41,581

 

 

(350,841

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

146,293

 

 

4,827,366

 

 

439,415

 

 

110,237

 

 

11,671,603

 

 

164,031

 

 

(203,515

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

1,484,764

 

 

57,704,692

 

 

4,727,648

 

 

90,861

 

 

53,841,698

 

 

736,308

 

 

3,194,208

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

1,631,057

 

$

62,532,058

 

$

5,167,063

 

$

201,098

 

$

65,513,301

 

$

900,339

 

$

2,990,693

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

131,144

 

 

5,126,891

 

 

392,396

 

 

8,783

 

 

3,055,492

 

 

37,423

 

 

275,354

 

Units issued

 

7,929

 

 

642,786

 

 

5,788

 

 

20,164

 

 

728,036

 

 

12,178

 

 

80,846

 

Units redeemed

 

(8,172

)

 

(759,679

)

 

(15,927

)

 

(5,029

)

 

(546,302

)

 

(10,283

)

 

(111,252

)

Units outstanding at end of year

 

130,901

 

 

5,009,998

 

 

382,257

 

 

23,918

 

 

3,237,226

 

 

39,318

 

 

244,948

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investments in Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

92,111

 

$

7,599,168

 

$

72,433

 

$

206,830

 

$

22,778,263

 

$

384,147

 

$

943,231

 

Proceeds from sales

$

100,940

 

$

9,705,976

 

$

228,210

 

$

44,289

 

$

11,330,426

 

$

226,833

 

$

1,331,614

 

 

See Notes to the Financial Statements.

69


                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Westchester Capital Event Driven Fund - Class I

 

JNL/Western Asset Global Multi-Sector Bond Fund - Class A

 

JNL/Western Asset Global Multi-Sector Bond Fund - Class I

 

JNL/William Blair International Leaders Fund - Class A

 

JNL/William Blair International Leaders Fund - Class I

 

JNL/WMC Balanced Fund - Class A

 

JNL/WMC Balanced Fund - Class I

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(36

)

$

(349,356

)

$

(226

)

$

(670,202

)

$

(1,228

)

$

(7,259,726

)

$

(13,049

)

Net realized gain (loss) on investments in Funds

 

(34

)

 

(1,829,583

)

 

(248

)

 

(1,873,273

)

 

(5,074

)

 

15,215,859

 

 

95,741

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

542

 

 

3,948,823

 

 

4,605

 

 

7,578,297

 

 

53,041

 

 

50,454,578

 

 

249,390

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

472

 

 

1,769,884

 

 

4,131

 

 

5,034,822

 

 

46,739

 

 

58,410,711

 

 

332,082

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

 

 

438,990

 

 

 

 

685,777

 

 

 

 

26,682,563

 

 

475,666

 

Surrenders and terminations

 

 

 

(2,828,517

)

 

(486

)

 

(4,017,580

)

 

(7,028

)

 

(38,521,090

)

 

(655,718

)

Transfers between Investment Divisions

 

(855

)

 

(877,868

)

 

1,716

 

 

(545,796

)

 

4,605

 

 

(4,336,497

)

 

354,017

 

Contract owner charges

 

(162

)

 

(235,224

)

 

(735

)

 

(580,463

)

 

(6,960

)

 

(6,050,010

)

 

(28,394

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(1,017

)

 

(3,502,619

)

 

495

 

 

(4,458,062

)

 

(9,383

)

 

(22,225,034

)

 

145,571

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

(545

)

 

(1,732,735

)

 

4,626

 

 

576,760

 

 

37,356

 

 

36,185,677

 

 

477,653

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

8,556

 

 

27,756,048

 

 

48,228

 

 

47,157,854

 

 

370,674

 

 

520,355,719

 

 

2,104,930

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

8,011

 

$

26,023,313

 

$

52,854

 

$

47,734,614

 

$

408,030

 

$

556,541,396

 

$

2,582,583

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

694

 

 

2,982,192

 

 

4,460

 

 

2,218,488

 

 

11,372

 

 

8,950,248

 

 

25,605

 

Units issued

 

 

 

246,105

 

 

189

 

 

151,875

 

 

147

 

 

859,566

 

 

9,947

 

Units redeemed

 

(83

)

 

(615,475

)

 

(146

)

 

(351,256

)

 

(427

)

 

(1,232,488

)

 

(7,564

)

Units outstanding at end of year

 

611

 

 

2,612,822

 

 

4,503

 

 

2,019,107

 

 

11,092

 

 

8,577,326

 

 

27,988

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investments in Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

 

$

2,346,165

 

$

2,113

 

$

3,419,485

 

$

5,587

 

$

53,124,605

 

$

877,756

 

Proceeds from sales

$

1,054

 

$

6,198,140

 

$

1,844

 

$

8,547,749

 

$

16,198

 

$

82,609,365

 

$

745,233

 

 

See Notes to the Financial Statements.

70


                       

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/WMC Equity Income Fund - Class A

 

JNL/WMC Equity Income Fund - Class I

 

JNL/WMC Global Real Estate Fund - Class A

 

JNL/WMC Global Real Estate 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

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(826,144

)

$

(8,666

)

$

(670,848

)

$

(358

)

$

4,029,124

 

$

92,122

 

$

(778,969

)

Net realized gain (loss) on investments in Funds

 

2,837,554

 

 

88,727

 

 

(804,339

)

 

(5,951

)

 

 

 

 

 

2,017,440

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

733,513

 

 

8,080

 

 

5,056,699

 

 

11,834

 

 

 

 

 

 

2,599,748

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

2,744,923

 

 

88,141

 

 

3,581,512

 

 

5,525

 

 

4,029,124

 

 

92,122

 

 

3,838,219

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

1,658,968

 

 

125,633

 

 

646,199

 

 

 

 

22,322,034

 

 

1,179,082

 

 

1,919,853

 

Surrenders and terminations

 

(3,110,717

)

 

(64,667

)

 

(4,208,525

)

 

(1,926

)

 

(46,275,587

)

 

(144,475

)

 

(3,476,859

)

Transfers between Investment Divisions

 

(4,157,031

)

 

(130,767

)

 

2,892,542

 

 

(24,251

)

 

4,186,196

 

 

256,186

 

 

(786,685

)

Contract owner charges

 

(760,674

)

 

(16,432

)

 

(586,680

)

 

(501

)

 

(1,323,133

)

 

(16,125

)

 

(681,345

)

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(6,369,454

)

 

(86,233

)

 

(1,256,464

)

 

(26,678

)

 

(21,090,490

)

 

1,274,668

 

 

(3,025,036

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

(3,624,531

)

 

1,908

 

 

2,325,048

 

 

(21,153

)

 

(17,061,366

)

 

1,366,790

 

 

813,183

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

61,568,055

 

 

1,519,901

 

 

46,478,451

 

 

82,495

 

 

140,715,803

 

 

1,828,058

 

 

53,395,927

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

57,943,524

 

$

1,521,809

 

$

48,803,499

 

$

61,342

 

$

123,654,437

 

$

3,194,848

 

$

54,209,110

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

4,155,011

 

 

96,377

 

 

3,010,110

 

 

4,407

 

 

11,960,226

 

 

115,671

 

 

1,089,265

 

Units issued

 

617,570

 

 

22,821

 

 

372,506

 

 

540

 

 

8,063,161

 

 

280,015

 

 

137,010

 

Units redeemed

 

(1,051,933

)

 

(28,416

)

 

(454,173

)

 

(1,983

)

 

(9,884,693

)

 

(194,001

)

 

(198,359

)

Units outstanding at end of year

 

3,720,648

 

 

90,782

 

 

2,928,443

 

 

2,964

 

 

10,138,694

 

 

201,685

 

 

1,027,916

 

Cost of purchases and proceeds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from sales of the Investments in Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of purchases

$

9,168,565

 

$

364,216

 

$

5,874,310

 

$

10,499

 

$

100,568,993

 

$

4,539,014

 

$

6,760,795

 

Proceeds from sales

$

16,364,163

 

$

459,115

 

$

7,801,622

 

$

37,535

 

$

117,630,359

 

$

3,172,224

 

$

10,564,800

 

 

See Notes to the Financial Statements.

71


      

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/WMC Value Fund - Class I

 

 

Operations

 

 

 

 

Net investment income (loss)

$

(303

)

 

Net realized gain (loss) on investments in Funds

 

5,599

 

 

Net change in unrealized appreciation

 

 

 

 

 

(depreciation) on investments in Funds

 

5,668

 

 

Net change in net assets

 

 

 

 

 

from operations

 

10,964

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

Purchase payments

 

50,000

 

 

Transfers between Investment Divisions

 

(5,469

)

 

Contract owner charges

 

(385

)

 

Net change in net assets

 

 

 

 

 

from contract transactions

 

44,146

 

 

 

 

 

 

 

 

Net change in net assets

 

55,110

 

 

 

 

 

 

 

 

Net assets beginning of year

 

 

 

 

 

 

 

 

 

Net assets end of year

$

55,110

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

Units outstanding at beginning of year

 

 

 

Units issued

 

1,888

 

 

Units redeemed

 

(1,058

)

 

Units outstanding at end of year

 

830

 

 

Cost of purchases and proceeds

 

 

 

 

 

from sales of the Investments in Funds

 

 

 

 

Cost of purchases

$

112,835

 

 

Proceeds from sales

$

68,992

 

 

 

See Notes to the Financial Statements.

72


                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL Aggressive Growth Allocation Fund - Class A

 

JNL Aggressive Growth Allocation Fund - Class I

 

JNL Bond Index Fund - Class I

 

JNL Conservative Allocation Fund - Class A

 

JNL Conservative Allocation Fund - Class I

 

JNL Emerging Markets Index Fund - Class I

 

JNL Growth Allocation Fund - Class A

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(1,283,358

)

$

(1,001

)

$

(489

)

$

(569,420

)

$

(296

)

$

(13

)

$

(2,603,556

)

 

Net realized gain (loss) on investments in Funds

 

4,043,697

 

 

193

 

 

(155

)

 

132,385

 

 

(346

)

 

2

 

 

4,444,892

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

(26,430,590

)

 

(52,225

)

 

(11,977

)

 

(7,282,979

)

 

(7,358

)

 

1,804

 

 

(42,063,096

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

(23,670,251

)

 

(53,033

)

 

(12,621

)

 

(7,720,014

)

 

(8,000

)

 

1,793

 

 

(40,221,760

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

7,544,668

 

 

5,100

 

 

160,525

 

 

3,368,437

 

 

96,514

 

 

 

 

5,354,257

 

 

Surrenders and terminations

 

(5,464,884

)

 

 

 

(738

)

 

(4,762,720

)

 

(3,561

)

 

 

 

(11,675,890

)

 

Transfers between Investment Divisions

 

(5,816,497

)

 

(8,006

)

 

27,965

 

 

(1,158,781

)

 

(1

)

 

16,157

 

 

64,278,143

 

 

Contract owner charges

 

(1,138,156

)

 

(3,632

)

 

 

 

(240,598

)

 

 

 

 

 

(2,236,858

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(4,874,869

)

 

(6,538

)

 

187,752

 

 

(2,793,662

)

 

92,952

 

 

16,157

 

 

55,719,652

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

(28,545,120

)

 

(59,571

)

 

175,131

 

 

(10,513,676

)

 

84,952

 

 

17,950

 

 

15,497,892

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

114,647,291

 

 

269,435

 

 

 

 

54,963,164

 

 

 

 

 

 

174,615,503

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

86,102,171

 

$

209,864

 

$

175,131

 

$

44,449,488

 

$

84,952

 

$

17,950

 

$

190,113,395

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

5,501,017

 

 

13,808

 

 

-

 

 

4,134,767

 

 

-

 

 

-

 

 

8,284,673

 

 

Units issued

 

719,654

 

 

372

 

 

22,002

 

 

643,257

 

 

7,138

 

 

2,504

 

 

4,605,620

 

 

Units redeemed

 

(991,397

)

 

(749

)

 

(236

)

 

(875,354

)

 

(288

)

 

 

 

(1,580,514

)

 

Units outstanding at end of year

 

5,229,274

 

 

13,431

 

 

21,766

 

 

3,902,670

 

 

6,850

 

 

2,504

 

 

11,309,779

 

 

 

See Notes to the Financial Statements.

73


                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL Growth Allocation Fund - Class I

 

JNL International Index 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

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(1,284

)

$

6,942

 

$

103,277

 

$

3,022

 

$

73,412

 

$

 

$

81,077

 

 

Net realized gain (loss) on investments in Funds

 

477

 

 

1,242

 

 

2,411,002

 

 

15,469

 

 

853,083

 

 

 

 

1,647,734

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

(51,081

)

 

(14,313

)

 

(9,297,354

)

 

(61,034

)

 

(3,757,242

)

 

 

 

(6,805,995

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

(51,888

)

 

(6,129

)

 

(6,783,075

)

 

(42,543

)

 

(2,830,747

)

 

 

 

(5,077,184

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

 

 

275,326

 

 

1,991,237

 

 

25,000

 

 

2,604,948

 

 

 

 

3,136,823

 

 

Surrenders and terminations

 

 

 

(2,563

)

 

(1,417,835

)

 

 

 

(791,895

)

 

 

 

(1,801,136

)

 

Transfers between Investment Divisions

 

120,839

 

 

2,551

 

 

(554,106

)

 

(5,240

)

 

(758,518

)

 

 

 

(611,929

)

 

Contract owner charges

 

(2,301

)

 

 

 

(138,424

)

 

(3,909

)

 

(51,499

)

 

 

 

(120,019

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

118,538

 

 

275,314

 

 

(119,128

)

 

15,851

 

 

1,003,036

 

 

 

 

603,739

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

66,650

 

 

269,185

 

 

(6,902,203

)

 

(26,692

)

 

(1,827,711

)

 

 

 

(4,473,445

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

227,079

 

 

 

 

41,382,227

 

 

261,158

 

 

19,348,673

 

 

 

 

32,987,747

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

293,729

 

$

269,185

 

$

34,480,024

 

$

234,466

 

$

17,520,962

 

$

 

$

28,514,302

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

11,491

 

 

-

 

 

1,894,090

 

 

12,627

 

 

1,246,127

 

 

-

 

 

1,759,078

 

 

Units issued

 

6,260

 

 

33,617

 

 

207,228

 

 

1,308

 

 

326,405

 

 

 

 

287,220

 

 

Units redeemed

 

(139

)

 

(633

)

 

(212,937

)

 

(507

)

 

(256,060

)

 

 

 

(245,583

)

 

Units outstanding at end of year

 

17,612

 

 

32,984

 

 

1,888,381

 

 

13,428

 

 

1,316,472

 

 

 

 

1,800,715

 

 

 

See Notes to the Financial Statements.

74


                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL iShares Tactical Moderate Growth Fund - Class I

 

JNL Mid Cap Index 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

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

22,270

 

$

(471

)

$

(1,691,238

)

$

(570

)

$

(3,356,400

)

$

(784

)

$

(163,311

)

 

Net realized gain (loss) on investments in Funds

 

81,244

 

 

(276

)

 

2,207,739

 

 

89

 

 

7,764,641

 

 

81

 

 

(48,864

)

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

(384,915

)

 

(6,396

)

 

(22,577,764

)

 

(17,345

)

 

(52,404,133

)

 

(24,418

)

 

(1,696,978

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

(281,401

)

 

(7,143

)

 

(22,061,263

)

 

(17,826

)

 

(47,995,892

)

 

(25,121

)

 

(1,909,153

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

 

 

193,568

 

 

8,576,856

 

 

47,511

 

 

6,778,479

 

 

 

 

1,027,994

 

 

Surrenders and terminations

 

(58,005

)

 

(2,965

)

 

(9,915,310

)

 

 

 

(20,219,466

)

 

 

 

(1,239,413

)

 

Transfers between Investment Divisions

 

716

 

 

1,073

 

 

(936,626

)

 

1,599

 

 

(6,414,912

)

 

(1,157

)

 

(268,838

)

 

Contract owner charges

 

(25,576

)

 

 

 

(1,335,782

)

 

(405

)

 

(2,603,508

)

 

(786

)

 

(49,842

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(82,865

)

 

191,676

 

 

(3,610,862

)

 

48,705

 

 

(22,459,407

)

 

(1,943

)

 

(530,099

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

(364,266

)

 

184,533

 

 

(25,672,125

)

 

30,879

 

 

(70,455,299

)

 

(27,064

)

 

(2,439,252

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

1,968,972

 

 

 

 

140,184,285

 

 

129,383

 

 

290,569,462

 

 

157,605

 

 

16,123,818

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

1,604,706

 

$

184,533

 

$

114,512,160

 

$

160,262

 

$

220,114,163

 

$

130,541

 

$

13,684,566

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

95,628

 

 

-

 

 

8,739,794

 

 

7,539

 

 

14,690,757

 

 

7,456

 

 

1,446,761

 

 

Units issued

 

46

 

 

22,878

 

 

1,158,665

 

 

3,307

 

 

1,062,649

 

 

39

 

 

382,031

 

 

Units redeemed

 

(4,575

)

 

(753

)

 

(1,425,700

)

 

(27

)

 

(2,359,297

)

 

(155

)

 

(439,189

)

 

Units outstanding at end of year

 

91,099

 

 

22,125

 

 

8,472,759

 

 

10,819

 

 

13,394,109

 

 

7,340

 

 

1,389,603

 

 

 

See Notes to the Financial Statements.

75


                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

JNL Multi-Manager International Small Cap Fund - Class I

 

JNL Multi-Manager Mid Cap Fund - Class A

 

JNL Multi-Manager Mid Cap Fund - Class I

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(933

)

$

(344,264

)

$

3,524

 

$

(102,037

)

$

1,343

 

$

(405,770

)

$

(5,490

)

 

Net realized gain (loss) on investments in Funds

 

(651

)

 

4,465,372

 

 

25,506

 

 

718,001

 

 

15,860

 

 

545,150

 

 

14,366

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

(22,810

)

 

(23,950,011

)

 

(150,725

)

 

(14,805,638

)

 

(37,949

)

 

(5,910,745

)

 

(185,712

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

(24,394

)

 

(19,828,903

)

 

(121,695

)

 

(14,189,674

)

 

(20,746

)

 

(5,771,365

)

 

(176,836

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

 

 

1,284,177

 

 

30,076

 

 

1,563,921

 

 

55,021

 

 

5,787,630

 

 

380,027

 

 

Surrenders and terminations

 

 

 

(4,191,128

)

 

(853

)

 

(1,724,122

)

 

 

 

(795,020

)

 

(17,989

)

 

Transfers between Investment Divisions

 

(3,435

)

 

(2,814,262

)

 

(6,773

)

 

(1,369,931

)

 

4,243

 

 

2,454,068

 

 

(38,707

)

 

Contract owner charges

 

(3,000

)

 

(710,603

)

 

(6,615

)

 

(383,604

)

 

(1,188

)

 

(389,358

)

 

(13,410

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(6,435

)

 

(6,431,816

)

 

15,835

 

 

(1,913,736

)

 

58,076

 

 

7,057,320

 

 

309,921

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

(30,829

)

 

(26,260,719

)

 

(105,860

)

 

(16,103,410

)

 

37,330

 

 

1,285,955

 

 

133,085

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

230,249

 

 

79,727,828

 

 

488,672

 

 

43,809,798

 

 

73,900

 

 

29,107,034

 

 

1,041,114

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

199,420

 

$

53,467,109

 

$

382,812

 

$

27,706,388

 

$

111,230

 

$

30,392,989

 

$

1,174,199

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

19,392

 

 

5,328,381

 

 

26,065

 

 

2,825,033

 

 

4,564

 

 

1,461,699

 

 

49,423

 

 

Units issued

 

24

 

 

696,019

 

 

8,934

 

 

638,040

 

 

5,435

 

 

718,110

 

 

34,390

 

 

Units redeemed

 

(626

)

 

(1,249,250

)

 

(8,158

)

 

(858,519

)

 

(101

)

 

(326,712

)

 

(17,127

)

 

Units outstanding at end of year

 

18,790

 

 

4,775,150

 

 

26,841

 

 

2,604,554

 

 

9,898

 

 

1,853,097

 

 

66,686

 

 

 

See Notes to the Financial Statements.

76


                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 Small Cap Index Fund - Class I

 

JNL/AB Sustainable Global Thematic Fund - Class A(a)

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(2,135,576

)

$

(7,349

)

$

(1,374,981

)

$

(996

)

$

(61,393

)

$

(392

)

$

(4,109

)

 

Net realized gain (loss) on investments in Funds

 

1,938,109

 

 

(46,279

)

 

1,377,378

 

 

(12,151

)

 

1,112,688

 

 

(187

)

 

1,015

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

(64,639,123

)

 

(559,241

)

 

(15,442,871

)

 

(13,410

)

 

(3,870,982

)

 

(10,174

)

 

22,719

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

(64,836,590

)

 

(612,869

)

 

(15,440,474

)

 

(26,557

)

 

(2,819,687

)

 

(10,753

)

 

19,625

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

6,647,833

 

 

52,050

 

 

3,758,360

 

 

240,277

 

 

3,175,374

 

 

162,853

 

 

266,533

 

 

Surrenders and terminations

 

(8,370,021

)

 

(8,547

)

 

(5,298,250

)

 

(14,250

)

 

(446,645

)

 

(2,307

)

 

(1,842

)

 

Transfers between Investment Divisions

 

(2,171,130

)

 

(43,210

)

 

(8,135,974

)

 

(3,540

)

 

(3,300,045

)

 

40

 

 

649,729

 

 

Contract owner charges

 

(1,954,563

)

 

(23,850

)

 

(1,258,219

)

 

(3,067

)

 

(158,284

)

 

 

 

(4,913

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(5,847,881

)

 

(23,557

)

 

(10,934,083

)

 

219,420

 

 

(729,600

)

 

160,586

 

 

909,507

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

(70,684,471

)

 

(636,426

)

 

(26,374,557

)

 

192,863

 

 

(3,549,287

)

 

149,833

 

 

929,132

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

205,577,221

 

 

1,967,014

 

 

114,922,313

 

 

148,375

 

 

16,749,502

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

134,892,750

 

$

1,330,588

 

$

88,547,756

 

$

341,238

 

$

13,200,215

 

$

149,833

 

$

929,132

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

2,235,263

 

 

15,221

 

 

3,982,662

 

 

3,968

 

 

837,458

 

 

-

 

 

 

 

 

Units issued

 

405,397

 

 

2,176

 

 

682,228

 

 

14,436

 

 

383,505

 

 

18,899

 

 

104,553

 

 

Units redeemed

 

(477,568

)

 

(2,491

)

 

(1,118,423

)

 

(7,687

)

 

(409,981

)

 

(319

)

 

(4,153

)

 

Units outstanding at end of year

 

2,163,092

 

 

14,906

 

 

3,546,467

 

 

10,717

 

 

810,982

 

 

18,580

 

 

100,400

 

 

 

  

(a)

The mutual fund's shares, as applicable, became available for investment by the Investment Division on April 25, 2022. The Statement of Changes in Net Assets is from April 25, 2022 through December 31, 2022.

See Notes to the Financial Statements.

77


                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/AB Sustainable Global Thematic Fund - Class I(a)

 

JNL/American Funds Balanced Fund - Class A

 

JNL/American Funds Balanced Fund - Class I

 

JNL/American Funds Bond Fund of America Fund - Class A

 

JNL/American Funds Bond Fund of America Fund - Class I

 

JNL/American Funds Capital Income Builder Fund - Class A

 

JNL/American Funds Capital Income Builder Fund - Class I

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

 

$

(2,402,963

)

$

(2,913

)

$

(83,932

)

$

(538

)

$

(250,187

)

$

(1,660

)

 

Net realized gain (loss) on investments in Funds

 

 

 

3,268,841

 

 

761

 

 

(217,207

)

 

(2,831

)

 

147,380

 

 

(79

)

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

 

 

(29,476,141

)

 

(59,662

)

 

(546,700

)

 

(10,275

)

 

(1,649,618

)

 

(23,104

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

 

 

(28,610,263

)

 

(61,814

)

 

(847,839

)

 

(13,644

)

 

(1,752,425

)

 

(24,843

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

 

 

27,681,297

 

 

53,936

 

 

3,776,792

 

 

188,882

 

 

3,081,249

 

 

10,107

 

 

Surrenders and terminations

 

 

 

(11,375,627

)

 

(8,085

)

 

(434,269

)

 

(3,962

)

 

(751,141

)

 

(4,984

)

 

Transfers between Investment Divisions

 

 

 

(2,143,521

)

 

737,968

 

 

3,229,449

 

 

36,098

 

 

953,249

 

 

1,735

 

 

Contract owner charges

 

 

 

(2,006,376

)

 

(4,754

)

 

(66,562

)

 

(693

)

 

(175,042

)

 

(3,176

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

 

 

12,155,773

 

 

779,065

 

 

6,505,410

 

 

220,325

 

 

3,108,315

 

 

3,682

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

(16,454,490

)

 

717,251

 

 

5,657,571

 

 

206,681

 

 

1,355,890

 

 

(21,161

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

 

 

183,224,797

 

 

335,673

 

 

3,130,202

 

 

52,774

 

 

19,204,473

 

 

325,584

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

 

$

166,770,307

 

$

1,052,924

 

$

8,787,773

 

$

259,455

 

$

20,560,363

 

$

304,423

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

 

 

 

8,122,346

 

 

11,029

 

 

312,327

 

 

5,226

 

 

1,517,494

 

 

24,875

 

 

Units issued

 

 

 

2,537,545

 

 

30,080

 

 

1,033,549

 

 

30,630

 

 

697,948

 

 

1,686

 

 

Units redeemed

 

 

 

(1,986,578

)

 

(513

)

 

(325,954

)

 

(6,326

)

 

(435,475

)

 

(1,336

)

 

Units outstanding at end of year

 

 

 

8,673,313

 

 

40,596

 

 

1,019,922

 

 

29,530

 

 

1,779,967

 

 

25,225

 

 

 

  

(a)

The mutual fund's shares, as applicable, became available for investment by the Investment Division on April 25, 2022. The Statement of Changes in Net Assets is from April 25, 2022 through December 31, 2022.

See Notes to the Financial Statements.

78


                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/American Funds Capital World Bond Fund - Class A

 

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

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(326,384

)

$

(257

)

$

(737,216

)

$

(4,838

)

$

(657,708

)

$

(931

)

$

(2,666,260

)

 

Net realized gain (loss) on investments in Funds

 

(334,480

)

 

(168

)

 

201,045

 

 

(3,740

)

 

460,692

 

 

(1,876

)

 

5,697,870

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

(4,325,347

)

 

(9,636

)

 

(18,743,274

)

 

(292,745

)

 

(18,506,411

)

 

(69,206

)

 

(49,575,687

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

(4,986,211

)

 

(10,061

)

 

(19,279,445

)

 

(301,323

)

 

(18,703,427

)

 

(72,013

)

 

(46,544,077

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

1,058,252

 

 

 

 

5,547,600

 

 

32,390

 

 

1,630,356

 

 

 

 

19,238,649

 

 

Surrenders and terminations

 

(1,280,699

)

 

 

 

(2,105,849

)

 

(18,332

)

 

(1,738,508

)

 

 

 

(10,194,831

)

 

Transfers between Investment Divisions

 

180,614

 

 

20,161

 

 

1,312,178

 

 

(395,802

)

 

1,197,294

 

 

(1,229

)

 

(6,188,783

)

 

Contract owner charges

 

(289,427

)

 

(497

)

 

(560,588

)

 

(8,244

)

 

(629,047

)

 

(2,692

)

 

(2,337,045

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(331,260

)

 

19,664

 

 

4,193,341

 

 

(389,988

)

 

460,095

 

 

(3,921

)

 

517,990

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

(5,317,471

)

 

9,603

 

 

(15,086,104

)

 

(691,311

)

 

(18,243,332

)

 

(75,934

)

 

(46,026,087

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

26,075,695

 

 

60,696

 

 

69,136,198

 

 

1,383,818

 

 

57,235,092

 

 

243,537

 

 

230,945,816

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

20,758,224

 

$

70,299

 

$

54,050,094

 

$

692,507

 

$

38,991,760

 

$

167,603

 

$

184,919,729

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

2,386,205

 

 

5,224

 

 

2,637,795

 

 

49,724

 

 

2,393,512

 

 

8,685

 

 

9,746,947

 

 

Units issued

 

327,059

 

 

2,067

 

 

845,161

 

 

6,116

 

 

543,471

 

 

1,446

 

 

1,665,659

 

 

Units redeemed

 

(365,093

)

 

(107

)

 

(694,064

)

 

(22,546

)

 

(581,377

)

 

(1,529

)

 

(1,605,696

)

 

Units outstanding at end of year

 

2,348,171

 

 

7,184

 

 

2,788,892

 

 

33,294

 

 

2,355,606

 

 

8,602

 

 

9,806,910

 

 

 

See Notes to the Financial Statements.

79


                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(10,031

)

$

(3,082,372

)

$

(12,189

)

$

(6,832,556

)

$

(25,811

)

$

(1,168,524

)

$

(2,541

)

 

Net realized gain (loss) on investments in Funds

 

(26,231

)

 

5,856,923

 

 

12,596

 

 

24,922,790

 

 

165,174

 

 

426,233

 

 

(2,123

)

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

(369,295

)

 

(91,584,522

)

 

(830,278

)

 

(121,686,507

)

 

(1,124,936

)

 

(21,834,424

)

 

(106,588

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

(405,557

)

 

(88,809,971

)

 

(829,871

)

 

(103,596,273

)

 

(985,573

)

 

(22,576,715

)

 

(111,252

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

118,750

 

 

30,191,238

 

 

619,983

 

 

45,763,484

 

 

988,159

 

 

2,835,888

 

 

20,000

 

 

Surrenders and terminations

 

(4,326

)

 

(9,661,464

)

 

(35,307

)

 

(28,083,865

)

 

(60,118

)

 

(4,517,508

)

 

(5,084

)

 

Transfers between Investment Divisions

 

122,981

 

 

16,347,902

 

 

388,565

 

 

(18,096,979

)

 

276,750

 

 

(1,486,348

)

 

108,911

 

 

Contract owner charges

 

(12,429

)

 

(2,592,157

)

 

(27,414

)

 

(6,201,285

)

 

(75,371

)

 

(1,009,987

)

 

(4,897

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

224,976

 

 

34,285,519

 

 

945,827

 

 

(6,618,645

)

 

1,129,420

 

 

(4,177,955

)

 

118,930

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

(180,581

)

 

(54,524,452

)

 

115,956

 

 

(110,214,918

)

 

143,847

 

 

(26,754,670

)

 

7,678

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

2,035,405

 

 

277,193,685

 

 

2,477,788

 

 

580,444,677

 

 

5,535,224

 

 

103,884,512

 

 

443,654

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

1,854,824

 

$

222,669,233

 

$

2,593,744

 

$

470,229,759

 

$

5,679,071

 

$

77,129,842

 

$

451,332

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

77,793

 

 

5,991,930

 

 

48,563

 

 

16,625,256

 

 

137,320

 

 

6,278,923

 

 

23,798

 

 

Units issued

 

29,250

 

 

2,512,584

 

 

31,224

 

 

2,743,639

 

 

78,777

 

 

1,042,465

 

 

8,100

 

 

Units redeemed

 

(18,623

)

 

(1,510,533

)

 

(7,129

)

 

(2,941,385

)

 

(47,634

)

 

(1,323,582

)

 

(1,043

)

 

Units outstanding at end of year

 

88,420

 

 

6,993,981

 

 

72,658

 

 

16,427,510

 

 

168,463

 

 

5,997,806

 

 

30,855

 

 

 

See Notes to the Financial Statements.

80


                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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/American Funds Washington Mutual Investors Fund - Class A

 

JNL/American Funds Washington Mutual Investors Fund - Class I

 

JNL/AQR Large Cap Defensive Style Fund - Class A

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(2,037,488

)

$

(6,849

)

$

(1,165,766

)

$

(3,850

)

$

(3,828,339

)

$

(5,200

)

$

(555,493

)

 

Net realized gain (loss) on investments in Funds

 

4,990,018

 

 

(5,286

)

 

1,292,150

 

 

4,307

 

 

16,582,920

 

 

31,650

 

 

359,920

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

(34,406,454

)

 

(261,502

)

 

(23,475,633

)

 

(181,755

)

 

(41,525,374

)

 

(159,204

)

 

(3,962,384

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

(31,453,924

)

 

(273,637

)

 

(23,349,249

)

 

(181,298

)

 

(28,770,793

)

 

(132,754

)

 

(4,157,957

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

8,045,465

 

 

95,000

 

 

3,882,381

 

 

227,209

 

 

11,246,333

 

 

25,107

 

 

1,291,772

 

 

Surrenders and terminations

 

(10,082,151

)

 

(2,641

)

 

(4,904,771

)

 

(1,757

)

 

(16,164,162

)

 

(1,748

)

 

(2,080,739

)

 

Transfers between Investment Divisions

 

(945,566

)

 

78,407

 

 

316,894

 

 

99,973

 

 

4,815,698

 

 

(149,552

)

 

676,482

 

 

Contract owner charges

 

(1,623,512

)

 

(11,172

)

 

(1,115,988

)

 

(12,540

)

 

(3,408,070

)

 

(14,312

)

 

(482,438

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(4,605,764

)

 

159,594

 

 

(1,821,484

)

 

312,885

 

 

(3,510,201

)

 

(140,505

)

 

(594,923

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

(36,059,688

)

 

(114,043

)

 

(25,170,733

)

 

131,587

 

 

(32,280,994

)

 

(273,259

)

 

(4,752,880

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

172,639,542

 

 

1,470,614

 

 

99,269,113

 

 

783,337

 

 

280,940,019

 

 

1,125,673

 

 

41,825,728

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

136,579,854

 

$

1,356,571

 

$

74,098,380

 

$

914,924

 

$

248,659,025

 

$

852,414

 

$

37,072,848

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

8,736,193

 

 

66,829

 

 

5,492,220

 

 

37,244

 

 

9,336,547

 

 

31,991

 

 

2,975,424

 

 

Units issued

 

1,228,440

 

 

9,984

 

 

829,436

 

 

33,460

 

 

1,781,903

 

 

10,031

 

 

600,198

 

 

Units redeemed

 

(1,502,659

)

 

(2,072

)

 

(960,666

)

 

(15,019

)

 

(1,912,123

)

 

(15,651

)

 

(648,202

)

 

Units outstanding at end of year

 

8,461,974

 

 

74,741

 

 

5,360,990

 

 

55,685

 

 

9,206,327

 

 

26,371

 

 

2,927,420

 

 

 

See Notes to the Financial Statements.

81


                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/AQR Large Cap Defensive Style Fund - Class I

 

JNL/Baillie Gifford International Growth Fund - Class A

 

JNL/Baillie Gifford International Growth Fund - Class I

 

JNL/Baillie Gifford U.S. Equity Growth 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

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(272

)

$

(637,610

)

$

3,359

 

$

(3,446

)

$

(2,144,906

)

$

(724

)

$

(1,082,639

)

 

Net realized gain (loss) on investments in Funds

 

196

 

 

(1,634,037

)

 

(47,242

)

 

(248,862

)

 

4,715,245

 

 

(88

)

 

5,717,737

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

(601

)

 

(34,159,103

)

 

(542,832

)

 

(222,924

)

 

(32,844,074

)

 

(21,066

)

 

4,743,291

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

(677

)

 

(36,430,750

)

 

(586,715

)

 

(475,232

)

 

(30,273,735

)

 

(21,878

)

 

9,378,389

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

40,021

 

 

3,088,470

 

 

300

 

 

255,296

 

 

4,029,837

 

 

46,000

 

 

4,142,814

 

 

Surrenders and terminations

 

 

 

(2,602,831

)

 

(31,959

)

 

(10,112

)

 

(12,617,209

)

 

(1,158

)

 

(4,535,989

)

 

Transfers between Investment Divisions

 

(769

)

 

910,906

 

 

(235,988

)

 

(902,298

)

 

(3,829,845

)

 

12,242

 

 

21,924,591

 

 

Contract owner charges

 

(367

)

 

(838,045

)

 

(14,420

)

 

 

 

(1,865,154

)

 

(1,973

)

 

(905,161

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

38,885

 

 

558,500

 

 

(282,067

)

 

(657,114

)

 

(14,282,371

)

 

55,111

 

 

20,626,255

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

38,208

 

 

(35,872,250

)

 

(868,782

)

 

(1,132,346

)

 

(44,556,106

)

 

33,233

 

 

30,004,644

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

49,992

 

 

94,547,127

 

 

1,649,401

 

 

1,604,219

 

 

184,378,720

 

 

133,086

 

 

59,655,219

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

88,200

 

$

58,674,877

 

$

780,619

 

$

471,873

 

$

139,822,614

 

$

166,319

 

$

89,659,863

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

3,444

 

 

5,796,410

 

 

96,587

 

 

181,717

 

 

10,486,305

 

 

7,271

 

 

5,771,509

 

 

Units issued

 

3,305

 

 

1,459,933

 

 

14,867

 

 

89,049

 

 

881,286

 

 

3,282

 

 

4,081,187

 

 

Units redeemed

 

(95

)

 

(1,440,469

)

 

(38,145

)

 

(148,918

)

 

(1,814,193

)

 

(181

)

 

(2,364,136

)

 

Units outstanding at end of year

 

6,654

 

 

5,815,874

 

 

73,309

 

 

121,848

 

 

9,553,398

 

 

10,372

 

 

7,488,560

 

 

 

See Notes to the Financial Statements.

82


                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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/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

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(1,229

)

$

(3,923,591

)

$

(12,464

)

$

(47,586

)

$

5,340

 

$

(634,848

)

$

(5,528

)

 

Net realized gain (loss) on investments in Funds

 

1,390

 

 

13,817,846

 

 

41,268

 

 

(16,824

)

 

(4,121

)

 

1,013,443

 

 

19,411

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

12,881

 

 

(158,611,106

)

 

(1,289,809

)

 

(3,930,864

)

 

(11,451

)

 

(20,882,209

)

 

(425,586

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

13,042

 

 

(148,716,851

)

 

(1,261,005

)

 

(3,995,274

)

 

(10,232

)

 

(20,503,614

)

 

(411,703

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

19,155

 

 

14,399,370

 

 

34,940

 

 

2,082,255

 

 

82,390

 

 

3,021,501

 

 

 

 

Surrenders and terminations

 

(6,960

)

 

(16,637,300

)

 

(17,015

)

 

(2,324,016

)

 

(4,759

)

 

(1,644,529

)

 

(11,151

)

 

Transfers between Investment Divisions

 

236,022

 

 

(15,874,272

)

 

64,221

 

 

(416,424

)

 

155,489

 

 

117,070

 

 

79,377

 

 

Contract owner charges

 

(3,264

)

 

(3,733,154

)

 

(35,778

)

 

(500,754

)

 

(4,100

)

 

(542,273

)

 

(13,103

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

244,953

 

 

(21,845,356

)

 

46,368

 

 

(1,158,939

)

 

229,020

 

 

951,769

 

 

55,123

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

257,995

 

 

(170,562,207

)

 

(1,214,637

)

 

(5,154,213

)

 

218,788

 

 

(19,551,845

)

 

(356,580

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

55,436

 

 

392,192,077

 

 

3,274,290

 

 

45,963,338

 

 

189,947

 

 

61,255,192

 

 

1,204,707

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

313,431

 

$

221,629,870

 

$

2,059,653

 

$

40,809,125

 

$

408,735

 

$

41,703,347

 

$

848,127

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

4,550

 

 

3,348,922

 

 

19,218

 

 

2,674,973

 

 

7,811

 

 

2,879,953

 

 

53,980

 

 

Units issued

 

19,224

 

 

603,116

 

 

3,970

 

 

607,017

 

 

17,184

 

 

793,614

 

 

21,820

 

 

Units redeemed

 

(1,875

)

 

(860,445

)

 

(3,824

)

 

(691,122

)

 

(7,476

)

 

(727,775

)

 

(19,214

)

 

Units outstanding at end of year

 

21,899

 

 

3,091,593

 

 

19,364

 

 

2,590,868

 

 

17,519

 

 

2,945,792

 

 

56,586

 

 

 

See Notes to the Financial Statements.

83


                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/DFA International Core Equity Fund - Class A

 

JNL/DFA International Core Equity 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

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

18,349

 

$

5,908

 

$

(1,000,222

)

$

(2,388

)

$

(406,042

)

$

(8,583

)

$

(2,203,105

)

 

Net realized gain (loss) on investments in Funds

 

1,107,412

 

 

44,551

 

 

4,339,550

 

 

7,473

 

 

899,545

 

 

53,177

 

 

(1,180,936

)

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

(2,504,622

)

 

(94,351

)

 

(17,252,318

)

 

(75,554

)

 

(5,454,829

)

 

(293,002

)

 

(22,213,145

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

(1,378,861

)

 

(43,892

)

 

(13,912,990

)

 

(70,469

)

 

(4,961,326

)

 

(248,408

)

 

(25,597,186

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

1,633,332

 

 

61,880

 

 

3,069,695

 

 

194,896

 

 

3,711,873

 

 

353,415

 

 

3,193,659

 

 

Surrenders and terminations

 

(683,308

)

 

(12,115

)

 

(4,441,266

)

 

(1,081

)

 

(1,558,920

)

 

(109,395

)

 

(13,485,411

)

 

Transfers between Investment Divisions

 

8,370,031

 

 

18,749

 

 

1,762,561

 

 

236,647

 

 

(1,099,939

)

 

164,698

 

 

(6,842,115

)

 

Contract owner charges

 

(133,305

)

 

(7,750

)

 

(824,983

)

 

(7,573

)

 

(379,367

)

 

(9,884

)

 

(1,782,553

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

9,186,750

 

 

60,764

 

 

(433,993

)

 

422,889

 

 

673,647

 

 

398,834

 

 

(18,916,420

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

7,807,889

 

 

16,872

 

 

(14,346,983

)

 

352,420

 

 

(4,287,679

)

 

150,426

 

 

(44,513,606

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

7,134,914

 

 

572,907

 

 

83,269,137

 

 

374,442

 

 

35,941,777

 

 

1,776,816

 

 

183,133,356

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

14,942,803

 

$

589,779

 

$

68,922,154

 

$

726,862

 

$

31,654,098

 

$

1,927,242

 

$

138,619,750

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

572,216

 

 

44,882

 

 

1,465,502

 

 

4,559

 

 

1,373,582

 

 

71,745

 

 

8,312,004

 

 

Units issued

 

1,096,855

 

 

36,066

 

 

248,053

 

 

6,355

 

 

619,872

 

 

37,843

 

 

718,427

 

 

Units redeemed

 

(285,065

)

 

(28,724

)

 

(253,916

)

 

(548

)

 

(572,361

)

 

(14,410

)

 

(1,672,656

)

 

Units outstanding at end of year

 

1,384,006

 

 

52,224

 

 

1,459,639

 

 

10,366

 

 

1,421,093

 

 

95,178

 

 

7,357,775

 

 

 

See Notes to the Financial Statements.

84


                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(6,256

)

$

(128,547

)

$

(204

)

$

(1,706,507

)

$

(6,714

)

$

(1,071,240

)

$

(4,703

)

 

Net realized gain (loss) on investments in Funds

 

(31,997

)

 

(65,028

)

 

(170

)

 

3,989,356

 

 

16,260

 

 

(865,858

)

 

(5,781

)

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

(144,855

)

 

(1,678,465

)

 

(7,477

)

 

(39,365,004

)

 

(429,531

)

 

(10,893,742

)

 

(111,816

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

(183,108

)

 

(1,872,040

)

 

(7,851

)

 

(37,082,155

)

 

(419,985

)

 

(12,830,840

)

 

(122,300

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

160,864

 

 

323,290

 

 

 

 

8,849,341

 

 

92,363

 

 

2,893,417

 

 

22,634

 

 

Surrenders and terminations

 

(241,681

)

 

(576,431

)

 

 

 

(5,468,218

)

 

(20,291

)

 

(5,324,805

)

 

(6,459

)

 

Transfers between Investment Divisions

 

17,685

 

 

(150,655

)

 

917

 

 

(7,493,645

)

 

(356,681

)

 

(1,541,405

)

 

83,479

 

 

Contract owner charges

 

(7,205

)

 

(106,704

)

 

(517

)

 

(1,517,322

)

 

(14,203

)

 

(820,875

)

 

(4,889

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(70,337

)

 

(510,500

)

 

400

 

 

(5,629,844

)

 

(298,812

)

 

(4,793,668

)

 

94,765

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

(253,445

)

 

(2,382,540

)

 

(7,451

)

 

(42,711,999

)

 

(718,797

)

 

(17,624,508

)

 

(27,535

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

1,411,828

 

 

11,564,087

 

 

51,935

 

 

150,268,157

 

 

1,822,297

 

 

92,245,865

 

 

873,262

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

1,158,383

 

$

9,181,547

 

$

44,484

 

$

107,556,158

 

$

1,103,500

 

$

74,621,357

 

$

845,727

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

47,357

 

 

984,621

 

 

5,128

 

 

5,657,506

 

 

66,326

 

 

8,128,757

 

 

72,886

 

 

Units issued

 

15,447

 

 

157,818

 

 

144

 

 

1,050,067

 

 

15,420

 

 

1,208,884

 

 

19,746

 

 

Units redeemed

 

(18,653

)

 

(210,184

)

 

(104

)

 

(1,324,986

)

 

(28,512

)

 

(1,679,539

)

 

(11,050

)

 

Units outstanding at end of year

 

44,151

 

 

932,255

 

 

5,168

 

 

5,382,587

 

 

53,234

 

 

7,658,102

 

 

81,582

 

 

 

See Notes to the Financial Statements.

85


                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

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

 

JNL/First Sentier Global Infrastructure Fund - Class A

 

JNL/First Sentier Global Infrastructure Fund - Class I

 

JNL/Franklin Templeton Income Fund - Class A

 

JNL/Franklin Templeton Income Fund - Class I

 

JNL/Goldman Sachs 4 Fund - Class A

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(805,690

)

$

(760

)

$

(841,018

)

$

(611

)

$

(1,965,673

)

$

(2,593

)

$

(6,070,318

)

 

Net realized gain (loss) on investments in Funds

 

(512,601

)

 

(5,847

)

 

1,823,295

 

 

(2,205

)

 

5,208,681

 

 

1,499

 

 

32,106,142

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

(8,075,941

)

 

(10,171

)

 

(4,326,273

)

 

(2,798

)

 

(11,816,470

)

 

(26,592

)

 

(87,687,859

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

(9,394,232

)

 

(16,778

)

 

(3,343,996

)

 

(5,614

)

 

(8,573,462

)

 

(27,686

)

 

(61,652,035

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

2,110,252

 

 

 

 

2,462,812

 

 

66,821

 

 

7,085,390

 

 

 

 

10,582,853

 

 

Surrenders and terminations

 

(3,549,757

)

 

(12,112

)

 

(3,983,750

)

 

(1,471

)

 

(11,492,563

)

 

(709

)

 

(30,741,194

)

 

Transfers between Investment Divisions

 

(5,750,943

)

 

117,840

 

 

(22,316

)

 

145,709

 

 

2,962,199

 

 

291,526

 

 

(17,353,940

)

 

Contract owner charges

 

(684,839

)

 

(2,317

)

 

(684,431

)

 

(1,720

)

 

(1,449,586

)

 

(2,917

)

 

(4,855,064

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(7,875,287

)

 

103,411

 

 

(2,227,685

)

 

209,339

 

 

(2,894,560

)

 

287,900

 

 

(42,367,345

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

(17,269,519

)

 

86,633

 

 

(5,571,681

)

 

203,725

 

 

(11,468,022

)

 

260,214

 

 

(104,019,380

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

67,448,198

 

 

67,709

 

 

63,374,133

 

 

30,428

 

 

142,949,342

 

 

249,616

 

 

514,277,418

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

50,178,679

 

$

154,342

 

$

57,802,452

 

$

234,153

 

$

131,481,320

 

$

509,830

 

$

410,258,038

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

2,392,404

 

 

1,788

 

 

3,442,283

 

 

1,427

 

 

7,509,194

 

 

10,733

 

 

14,091,524

 

 

Units issued

 

301,278

 

 

5,314

 

 

649,542

 

 

12,801

 

 

1,614,856

 

 

13,420

 

 

1,238,531

 

 

Units redeemed

 

(606,632

)

 

(2,872

)

 

(771,193

)

 

(2,721

)

 

(1,798,204

)

 

(546

)

 

(2,535,101

)

 

Units outstanding at end of year

 

2,087,050

 

 

4,230

 

 

3,320,632

 

 

11,507

 

 

7,325,846

 

 

23,607

 

 

12,794,954

 

 

 

See Notes to the Financial Statements.

86


                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Goldman Sachs 4 Fund - Class I

 

JNL/Goldman Sachs Managed Aggressive Growth Fund - Class A

 

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

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(5,588

)

$

(2,388,204

)

$

(6,370

)

$

(1,128,695

)

$

 

$

(5,123,725

)

$

(3,265

)

 

Net realized gain (loss) on investments in Funds

 

35,258

 

 

7,682,087

 

 

31,906

 

 

2,297,994

 

 

 

 

22,696,956

 

 

(472

)

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

(187,078

)

 

(51,359,589

)

 

(345,546

)

 

(15,030,100

)

 

 

 

(112,269,386

)

 

(174,486

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

(157,408

)

 

(46,065,706

)

 

(320,010

)

 

(13,860,801

)

 

 

 

(94,696,155

)

 

(178,223

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

47,460

 

 

4,045,386

 

 

25,000

 

 

1,295,218

 

 

 

 

6,283,598

 

 

 

 

Surrenders and terminations

 

 

 

(10,423,255

)

 

(41,171

)

 

(8,603,627

)

 

 

 

(24,120,409

)

 

 

 

Transfers between Investment Divisions

 

(109,169

)

 

(2,487,349

)

 

(56,694

)

 

(1,226,950

)

 

 

 

(11,101,483

)

 

132,456

 

 

Contract owner charges

 

(19,081

)

 

(2,114,453

)

 

(20,744

)

 

(1,085,107

)

 

 

 

(4,693,865

)

 

(11,818

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(80,790

)

 

(10,979,671

)

 

(93,609

)

 

(9,620,466

)

 

 

 

(33,632,159

)

 

120,638

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

(238,198

)

 

(57,045,377

)

 

(413,619

)

 

(23,481,267

)

 

 

 

(128,328,314

)

 

(57,585

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

1,408,875

 

 

200,139,517

 

 

1,461,760

 

 

90,845,038

 

 

 

 

433,511,981

 

 

781,611

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

1,170,677

 

$

143,094,140

 

$

1,048,141

 

$

67,363,771

 

$

 

$

305,183,667

 

$

724,026

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

41,859

 

 

5,051,445

 

 

33,335

 

 

5,500,777

 

 

-

 

 

11,564,932

 

 

26,235

 

 

Units issued

 

5,708

 

 

371,021

 

 

3,325

 

 

523,853

 

 

 

 

843,746

 

 

5,107

 

 

Units redeemed

 

(8,620

)

 

(708,673

)

 

(5,224

)

 

(1,175,877

)

 

 

 

(1,922,566

)

 

(477

)

 

Units outstanding at end of year

 

38,947

 

 

4,713,793

 

 

31,436

 

 

4,848,753

 

 

 

 

10,486,112

 

 

30,865

 

 

 

See Notes to the Financial Statements.

87


                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Goldman Sachs Managed Moderate Fund - Class A

 

JNL/Goldman Sachs Managed Moderate Fund - Class I

 

JNL/Goldman Sachs Managed Moderate Growth Fund - Class A

 

JNL/Goldman Sachs Managed Moderate Growth 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)

$

(2,865,394

)

$

(243

)

$

(5,077,075

)

$

(2,005

)

$

(268,420

)

$

(1,731

)

$

(215,624

)

 

Net realized gain (loss) on investments in Funds

 

9,308,730

 

 

(157

)

 

20,073,356

 

 

(119,338

)

 

(855,429

)

 

(5,795

)

 

1,424,343

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

(46,804,675

)

 

(9,894

)

 

(98,111,044

)

 

(57,847

)

 

(3,739,444

)

 

(86,293

)

 

(6,280,306

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

(40,361,339

)

 

(10,294

)

 

(83,114,763

)

 

(179,190

)

 

(4,863,293

)

 

(93,819

)

 

(5,071,587

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

2,813,586

 

 

 

 

4,307,899

 

 

 

 

1,801,506

 

 

57,071

 

 

1,215,991

 

 

Surrenders and terminations

 

(18,854,459

)

 

 

 

(32,290,868

)

 

 

 

(659,148

)

 

(7,947

)

 

(1,478,311

)

 

Transfers between Investment Divisions

 

(4,177,363

)

 

605

 

 

(1,168,591

)

 

(855,790

)

 

8,166,484

 

 

59,445

 

 

(7,660,768

)

 

Contract owner charges

 

(2,619,414

)

 

(1,035

)

 

(4,520,977

)

 

(6,440

)

 

(241,328

)

 

(6,405

)

 

(218,524

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(22,837,650

)

 

(430

)

 

(33,672,537

)

 

(862,230

)

 

9,067,514

 

 

102,164

 

 

(8,141,612

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

(63,198,989

)

 

(10,724

)

 

(116,787,300

)

 

(1,041,420

)

 

4,204,221

 

 

8,345

 

 

(13,213,199

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

235,899,630

 

 

61,984

 

 

422,084,032

 

 

1,147,284

 

 

18,140,602

 

 

425,490

 

 

36,383,751

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

172,700,641

 

$

51,260

 

$

305,296,732

 

$

105,864

 

$

22,344,823

 

$

433,835

 

$

23,170,552

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

11,235,772

 

 

3,039

 

 

13,769,979

 

 

28,870

 

 

1,365,278

 

 

30,412

 

 

2,459,970

 

 

Units issued

 

760,625

 

 

33

 

 

1,078,070

 

 

40,044

 

 

1,521,417

 

 

21,443

 

 

359,776

 

 

Units redeemed

 

(2,001,383

)

 

(58

)

 

(2,379,957

)

 

(64,668

)

 

(702,982

)

 

(12,111

)

 

(935,835

)

 

Units outstanding at end of year

 

9,995,014

 

 

3,014

 

 

12,468,092

 

 

4,246

 

 

2,183,713

 

 

39,744

 

 

1,883,911

 

 

 

See Notes to the Financial Statements.

88


                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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)

$

1,343

 

$

(29,337

)

$

1,533

 

$

(307,085

)

$

(597

)

$

(1,514,667

)

$

(1,947

)

 

Net realized gain (loss) on investments in Funds

 

7,147

 

 

665,062

 

 

33,918

 

 

580,963

 

 

(58,216

)

 

4,411,441

 

 

(14,839

)

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

(51,624

)

 

(3,846,540

)

 

(97,414

)

 

(945,496

)

 

(1,413

)

 

(50,445,511

)

 

(164,555

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

(43,134

)

 

(3,210,815

)

 

(61,963

)

 

(671,618

)

 

(60,226

)

 

(47,548,737

)

 

(181,341

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

56,029

 

 

1,268,604

 

 

38,500

 

 

4,301,413

 

 

1,500

 

 

1,677,581

 

 

15,161

 

 

Surrenders and terminations

 

 

 

(319,353

)

 

(654

)

 

(1,059,604

)

 

 

 

(6,892,689

)

 

 

 

Transfers between Investment Divisions

 

(4,694

)

 

709,927

 

 

10,842

 

 

11,530,142

 

 

87,806

 

 

(6,948,513

)

 

(137,301

)

 

Contract owner charges

 

(1,885

)

 

(119,463

)

 

(3,380

)

 

(257,004

)

 

(337

)

 

(1,369,619

)

 

(5,467

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

49,450

 

 

1,539,715

 

 

45,308

 

 

14,514,947

 

 

88,969

 

 

(13,533,240

)

 

(127,607

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

6,316

 

 

(1,671,100

)

 

(16,655

)

 

13,843,329

 

 

28,743

 

 

(61,081,977

)

 

(308,948

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

310,278

 

 

9,117,857

 

 

195,955

 

 

15,193,785

 

 

7,390

 

 

146,680,068

 

 

587,797

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

316,594

 

$

7,446,757

 

$

179,300

 

$

29,037,114

 

$

36,133

 

$

85,598,091

 

$

278,849

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

20,030

 

 

588,791

 

 

12,108

 

 

1,134,548

 

 

525

 

 

3,663,597

 

 

11,187

 

 

Units issued

 

7,829

 

 

652,031

 

 

7,438

 

 

1,837,467

 

 

42,341

 

 

402,580

 

 

1,080

 

 

Units redeemed

 

(3,469

)

 

(584,461

)

 

(4,579

)

 

(725,465

)

 

(40,234

)

 

(860,229

)

 

(4,454

)

 

Units outstanding at end of year

 

24,390

 

 

656,361

 

 

14,967

 

 

2,246,550

 

 

2,632

 

 

3,205,948

 

 

7,813

 

 

 

See Notes to the Financial Statements.

89


                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Invesco Small Cap Growth Fund - Class A

 

JNL/Invesco Small Cap Growth Fund - Class I

 

JNL/JPMorgan Global Allocation Fund - Class A

 

JNL/JPMorgan Global Allocation Fund - Class I

 

JNL/JPMorgan Hedged Equity Fund - Class A

 

JNL/JPMorgan Hedged Equity Fund - Class I

 

JNL/JPMorgan MidCap Growth Fund - Class A

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(1,978,452

)

$

(4,635

)

$

(824,045

)

$

(339

)

$

(486,501

)

$

930

 

$

(2,620,793

)

 

Net realized gain (loss) on investments in Funds

 

4,563,220

 

 

(12,750

)

 

1,362,293

 

 

121

 

 

434,388

 

 

1,137

 

 

6,810,837

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

(76,671,770

)

 

(450,086

)

 

(14,360,682

)

 

(9,848

)

 

(5,040,772

)

 

(27,050

)

 

(74,809,761

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

(74,087,002

)

 

(467,471

)

 

(13,822,434

)

 

(10,066

)

 

(5,092,885

)

 

(24,983

)

 

(70,619,717

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

6,619,013

 

 

58,331

 

 

572,909

 

 

68,511

 

 

7,353,462

 

 

110,864

 

 

11,676,114

 

 

Surrenders and terminations

 

(8,167,226

)

 

(4,688

)

 

(4,874,285

)

 

 

 

(2,326,200

)

 

(4,117

)

 

(10,373,756

)

 

Transfers between Investment Divisions

 

(5,020,824

)

 

1,008

 

 

(742,088

)

 

 

 

10,590,214

 

 

35,421

 

 

(4,773,718

)

 

Contract owner charges

 

(1,845,709

)

 

(16,469

)

 

(756,038

)

 

(865

)

 

(481,090

)

 

(5,615

)

 

(2,246,586

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(8,414,746

)

 

38,182

 

 

(5,799,502

)

 

67,646

 

 

15,136,386

 

 

136,553

 

 

(5,717,946

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

(82,501,748

)

 

(429,289

)

 

(19,621,936

)

 

57,580

 

 

10,043,501

 

 

111,570

 

 

(76,337,663

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

208,552,668

 

 

1,286,343

 

 

70,062,988

 

 

54,281

 

 

50,996,991

 

 

370,861

 

 

253,742,197

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

126,050,920

 

$

857,054

 

$

50,441,052

 

$

111,861

 

$

61,040,492

 

$

482,431

 

$

177,404,534

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

3,445,499

 

 

16,304

 

 

4,928,404

 

 

3,456

 

 

3,832,514

 

 

26,879

 

 

2,366,766

 

 

Units issued

 

699,753

 

 

7,364

 

 

323,348

 

 

5,416

 

 

2,307,130

 

 

13,546

 

 

420,445

 

 

Units redeemed

 

(877,445

)

 

(7,025

)

 

(805,037

)

 

(66

)

 

(1,071,911

)

 

(2,295

)

 

(483,175

)

 

Units outstanding at end of year

 

3,267,807

 

 

16,643

 

 

4,446,715

 

 

8,806

 

 

5,067,733

 

 

38,130

 

 

2,304,036

 

 

 

See Notes to the Financial Statements.

90


                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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/JPMorgan U.S. Value Fund - Class A

 

JNL/JPMorgan U.S. Value Fund - Class I

 

JNL/Lazard International Strategic Equity Fund - Class A

 

JNL/Lazard International Strategic Equity Fund - Class I

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(9,866

)

$

(944,603

)

$

(6,287

)

$

(1,271,236

)

$

(4,477

)

$

103,158

 

$

762

 

 

Net realized gain (loss) on investments in Funds

 

19,207

 

 

(1,688,340

)

 

(16,090

)

 

4,325,030

 

 

9,970

 

 

201,326

 

 

(2,997

)

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

(661,682

)

 

(7,468,285

)

 

(152,179

)

 

(7,176,059

)

 

(27,291

)

 

(1,754,804

)

 

(8,008

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

(652,341

)

 

(10,101,228

)

 

(174,556

)

 

(4,122,265

)

 

(21,798

)

 

(1,450,320

)

 

(10,243

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

230,723

 

 

5,237,627

 

 

126,200

 

 

6,095,121

 

 

66,487

 

 

694,263

 

 

12,500

 

 

Surrenders and terminations

 

(9,505

)

 

(7,645,841

)

 

(108,645

)

 

(7,055,276

)

 

(8,219

)

 

(374,695

)

 

 

 

Transfers between Investment Divisions

 

96,160

 

 

(4,713,810

)

 

87,799

 

 

(2,856,904

)

 

97,151

 

 

811,224

 

 

(13,002

)

 

Contract owner charges

 

(25,568

)

 

(676,811

)

 

(2,389

)

 

(1,178,428

)

 

(9,941

)

 

(44,371

)

 

(301

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

291,810

 

 

(7,798,835

)

 

102,965

 

 

(4,995,487

)

 

145,478

 

 

1,086,421

 

 

(803

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

(360,531

)

 

(17,900,063

)

 

(71,591

)

 

(9,117,752

)

 

123,680

 

 

(363,899

)

 

(11,046

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

2,376,376

 

 

81,614,836

 

 

1,416,740

 

 

96,691,555

 

 

651,997

 

 

7,599,428

 

 

45,523

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

2,015,845

 

$

63,714,773

 

$

1,345,149

 

$

87,573,803

 

$

775,677

 

$

7,235,529

 

$

34,477

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

15,777

 

 

3,650,860

 

 

45,774

 

 

5,380,161

 

 

30,324

 

 

437,855

 

 

2,469

 

 

Units issued

 

6,050

 

 

936,170

 

 

12,167

 

 

1,259,276

 

 

17,873

 

 

176,487

 

 

907

 

 

Units redeemed

 

(3,573

)

 

(1,306,798

)

 

(8,129

)

 

(1,548,080

)

 

(10,786

)

 

(103,344

)

 

(1,067

)

 

Units outstanding at end of year

 

18,254

 

 

3,280,232

 

 

49,812

 

 

5,091,357

 

 

37,411

 

 

510,998

 

 

2,309

 

 

 

See Notes to the Financial Statements.

91


                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

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

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(350,844

)

$

(412

)

$

(94,571

)

$

1,500

 

$

(1,248,135

)

$

(4,854

)

$

(252,582

)

 

Net realized gain (loss) on investments in Funds

 

320,460

 

 

(3,825

)

 

(210,583

)

 

(286

)

 

(1,912,128

)

 

(12,852

)

 

(915,708

)

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

(8,341,228

)

 

(18,640

)

 

(595,899

)

 

(13,405

)

 

(12,285,660

)

 

(133,763

)

 

(9,632,818

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

(8,371,612

)

 

(22,877

)

 

(901,053

)

 

(12,191

)

 

(15,445,923

)

 

(151,469

)

 

(10,801,108

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

434,741

 

 

 

 

2,350,102

 

 

204,202

 

 

4,465,289

 

 

55,318

 

 

2,051,649

 

 

Surrenders and terminations

 

(1,584,735

)

 

 

 

(1,297,417

)

 

(8,064

)

 

(5,547,687

)

 

(39,203

)

 

(889,493

)

 

Transfers between Investment Divisions

 

621,787

 

 

(2,185

)

 

1,627,229

 

 

(13,019

)

 

(5,533,888

)

 

(46,024

)

 

(417,774

)

 

Contract owner charges

 

(330,900

)

 

(103

)

 

(113,788

)

 

(1,619

)

 

(853,047

)

 

(2,974

)

 

(209,018

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(859,107

)

 

(2,288

)

 

2,566,126

 

 

181,500

 

 

(7,469,333

)

 

(32,883

)

 

535,364

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

(9,230,719

)

 

(25,165

)

 

1,665,073

 

 

169,309

 

 

(22,915,256

)

 

(184,352

)

 

(10,265,744

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

30,786,938

 

 

83,353

 

 

14,362,213

 

 

246,663

 

 

106,431,421

 

 

1,134,914

 

 

24,809,920

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

21,556,219

 

$

58,188

 

$

16,027,286

 

$

415,972

 

$

83,516,165

 

$

950,562

 

$

14,544,176

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

1,965,113

 

 

5,122

 

 

1,398,699

 

 

23,635

 

 

6,879,009

 

 

57,329

 

 

1,522,052

 

 

Units issued

 

269,638

 

 

942

 

 

953,184

 

 

27,160

 

 

1,069,374

 

 

8,919

 

 

774,680

 

 

Units redeemed

 

(341,758

)

 

(1,204

)

 

(689,951

)

 

(8,842

)

 

(1,625,682

)

 

(10,749

)

 

(758,712

)

 

Units outstanding at end of year

 

1,892,993

 

 

4,860

 

 

1,661,932

 

 

41,953

 

 

6,322,701

 

 

55,499

 

 

1,538,020

 

 

 

See Notes to the Financial Statements.

92


                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(616

)

$

(1,459,893

)

$

(1,950

)

$

(309,969

)

$

(1,056

)

$

(896,747

)

$

(4,620

)

 

Net realized gain (loss) on investments in Funds

 

(1,572

)

 

8,907,210

 

 

42,695

 

 

643,095

 

 

(24,898

)

 

3,268,656

 

 

22,791

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

(67,082

)

 

(59,442,225

)

 

(210,243

)

 

(1,399,016

)

 

(2,753

)

 

(8,994,069

)

 

(105,672

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

(69,270

)

 

(51,994,908

)

 

(169,498

)

 

(1,065,890

)

 

(28,707

)

 

(6,622,160

)

 

(87,501

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

 

 

3,948,968

 

 

18,500

 

 

2,742,644

 

 

82,406

 

 

4,570,191

 

 

 

 

Surrenders and terminations

 

(177

)

 

(6,064,390

)

 

(2,339

)

 

(790,057

)

 

(5,898

)

 

(3,263,468

)

 

 

 

Transfers between Investment Divisions

 

15,467

 

 

(11,207,241

)

 

(396,711

)

 

11,469,605

 

 

132,224

 

 

1,362,657

 

 

(48,944

)

 

Contract owner charges

 

(1,505

)

 

(1,069,890

)

 

(3,591

)

 

(261,938

)

 

(1,393

)

 

(827,841

)

 

(11,684

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

13,785

 

 

(14,392,553

)

 

(384,141

)

 

13,160,254

 

 

207,339

 

 

1,841,539

 

 

(60,628

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

(55,485

)

 

(66,387,461

)

 

(553,639

)

 

12,094,364

 

 

178,632

 

 

(4,780,621

)

 

(148,129

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

153,779

 

 

148,281,629

 

 

754,881

 

 

15,554,677

 

 

41,633

 

 

73,696,622

 

 

1,078,720

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

98,294

 

$

81,894,168

 

$

201,242

 

$

27,649,041

 

$

220,265

 

$

68,916,001

 

$

930,591

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

7,058

 

 

2,358,962

 

 

9,138

 

 

1,054,423

 

 

4,099

 

 

2,329,517

 

 

26,275

 

 

Units issued

 

1,513

 

 

417,638

 

 

316

 

 

1,625,436

 

 

34,273

 

 

913,420

 

 

5,760

 

 

Units redeemed

 

(938

)

 

(715,268

)

 

(5,720

)

 

(712,806

)

 

(22,281

)

 

(851,898

)

 

(7,781

)

 

Units outstanding at end of year

 

7,633

 

 

2,061,332

 

 

3,734

 

 

1,967,053

 

 

16,091

 

 

2,391,039

 

 

24,254

 

 

 

See Notes to the Financial Statements.

93


                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 Financial Sector Fund - Class A

 

JNL/Mellon Financial Sector Fund - Class I

 

JNL/Mellon Healthcare Sector Fund - Class A

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(970,770

)

$

(3,150

)

$

(2,359,358

)

$

(2,771

)

$

(1,720,178

)

$

(2,018

)

$

(4,605,915

)

 

Net realized gain (loss) on investments in Funds

 

(61,330

)

 

(30,468

)

 

18,439,654

 

 

139,557

 

 

6,603,677

 

 

9,776

 

 

23,283,360

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

(15,527,308

)

 

(111,971

)

 

48,532,235

 

 

127,525

 

 

(26,333,075

)

 

(68,778

)

 

(46,868,003

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

(16,559,408

)

 

(145,589

)

 

64,612,531

 

 

264,311

 

 

(21,449,576

)

 

(61,020

)

 

(28,190,558

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

3,201,264

 

 

50,056

 

 

12,218,678

 

 

370,116

 

 

7,365,158

 

 

28,155

 

 

14,977,046

 

 

Surrenders and terminations

 

(3,663,572

)

 

(120,203

)

 

(10,132,520

)

 

(24,998

)

 

(8,072,858

)

 

(5,897

)

 

(19,468,681

)

 

Transfers between Investment Divisions

 

(1,523,382

)

 

(23,581

)

 

27,453,556

 

 

(176,930

)

 

(1,585,823

)

 

(9,015

)

 

(21,884,941

)

 

Contract owner charges

 

(886,835

)

 

(6,771

)

 

(2,059,911

)

 

(7,744

)

 

(1,498,463

)

 

(6,136

)

 

(3,713,363

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(2,872,525

)

 

(100,499

)

 

27,479,803

 

 

160,444

 

 

(3,791,986

)

 

7,107

 

 

(30,089,939

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

(19,431,933

)

 

(246,088

)

 

92,092,334

 

 

424,755

 

 

(25,241,562

)

 

(53,913

)

 

(58,280,497

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

83,650,646

 

 

781,089

 

 

102,806,413

 

 

374,824

 

 

139,412,761

 

 

486,619

 

 

380,106,683

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

64,218,713

 

$

535,001

 

$

194,898,747

 

$

799,579

 

$

114,171,199

 

$

432,706

 

$

321,826,186

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

6,855,017

 

 

55,936

 

 

3,733,458

 

 

9,793

 

 

6,146,679

 

 

15,866

 

 

7,200,645

 

 

Units issued

 

1,432,876

 

 

12,433

 

 

2,560,545

 

 

10,947

 

 

2,021,240

 

 

7,007

 

 

1,084,103

 

 

Units redeemed

 

(1,701,282

)

 

(21,343

)

 

(1,863,244

)

 

(7,526

)

 

(2,300,462

)

 

(6,451

)

 

(1,723,588

)

 

Units outstanding at end of year

 

6,586,611

 

 

47,026

 

 

4,430,759

 

 

13,214

 

 

5,867,457

 

 

16,422

 

 

6,561,160

 

 

 

See Notes to the Financial Statements.

94


                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Mellon Healthcare Sector 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

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(4,408

)

$

(155,249

)

$

(559

)

$

(5,633,798

)

$

(6,103

)

$

(2,023,199

)

$

1,052

 

 

Net realized gain (loss) on investments in Funds

 

39,637

 

 

540,438

 

 

1,035

 

 

42,346,528

 

 

50,382

 

 

1,582,578

 

 

34,080

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

(77,547

)

 

(1,960,879

)

 

(9,481

)

 

(208,638,614

)

 

(559,770

)

 

(31,237,143

)

 

(418,055

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

(42,318

)

 

(1,575,690

)

 

(9,005

)

 

(171,925,884

)

 

(515,491

)

 

(31,677,764

)

 

(382,923

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

101,655

 

 

1,078,114

 

 

10,500

 

 

19,278,210

 

 

87,921

 

 

5,638,333

 

 

160,748

 

 

Surrenders and terminations

 

(4,811

)

 

(579,779

)

 

(2,411

)

 

(21,086,167

)

 

(10,573

)

 

(10,633,017

)

 

(9,318

)

 

Transfers between Investment Divisions

 

228,658

 

 

(4,820,534

)

 

124,211

 

 

(33,404,545

)

 

(163,312

)

 

4,084,495

 

 

(232,862

)

 

Contract owner charges

 

(12,220

)

 

(144,556

)

 

(2,235

)

 

(4,496,553

)

 

(14,961

)

 

(2,072,355

)

 

(36,411

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

313,282

 

 

(4,466,755

)

 

130,065

 

 

(39,709,055

)

 

(100,925

)

 

(2,982,544

)

 

(117,843

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

270,964

 

 

(6,042,445

)

 

121,060

 

 

(211,634,939

)

 

(616,416

)

 

(34,660,308

)

 

(500,766

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

805,065

 

 

17,693,635

 

 

66,241

 

 

539,416,215

 

 

1,718,543

 

 

204,349,018

 

 

2,859,961

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

1,076,029

 

$

11,651,190

 

$

187,301

 

$

327,781,276

 

$

1,102,127

 

$

169,688,710

 

$

2,359,195

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

11,393

 

 

1,149,916

 

 

4,087

 

 

11,724,930

 

 

26,839

 

 

8,435,715

 

 

91,115

 

 

Units issued

 

9,569

 

 

362,785

 

 

10,116

 

 

2,104,011

 

 

7,320

 

 

1,538,775

 

 

22,141

 

 

Units redeemed

 

(4,885

)

 

(672,134

)

 

(1,562

)

 

(3,190,768

)

 

(8,825

)

 

(1,691,956

)

 

(26,274

)

 

Units outstanding at end of year

 

16,077

 

 

840,567

 

 

12,641

 

 

10,638,173

 

 

25,334

 

 

8,282,534

 

 

86,982

 

 

 

See Notes to the Financial Statements.

95


                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Mellon Materials Sector Fund - Class A

 

JNL/Mellon Materials Sector 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

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(168,135

)

$

(832

)

$

(5,058,394

)

$

(15,741

)

$

(259,847

)

$

(2,275

)

$

(3,511,168

)

 

Net realized gain (loss) on investments in Funds

 

93,494

 

 

4,971

 

 

20,233,200

 

 

43,739

 

 

556,267

 

 

42,856

 

 

11,893,026

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

(1,969,217

)

 

(17,107

)

 

(174,735,079

)

 

(1,324,890

)

 

(6,630,420

)

 

(207,159

)

 

(51,955,178

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

(2,043,858

)

 

(12,968

)

 

(159,560,273

)

 

(1,296,892

)

 

(6,334,000

)

 

(166,578

)

 

(43,573,320

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

1,145,505

 

 

72,500

 

 

26,838,022

 

 

437,151

 

 

1,597,368

 

 

80,182

 

 

11,138,674

 

 

Surrenders and terminations

 

(422,972

)

 

(4,825

)

 

(16,220,674

)

 

(173,061

)

 

(774,465

)

 

(2,669

)

 

(15,008,518

)

 

Transfers between Investment Divisions

 

518,219

 

 

74,612

 

 

(8,637,812

)

 

(54,423

)

 

(1,942,774

)

 

(486,524

)

 

(7,136,878

)

 

Contract owner charges

 

(155,791

)

 

(2,190

)

 

(4,614,984

)

 

(36,531

)

 

(204,453

)

 

(6,850

)

 

(2,797,033

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

1,084,961

 

 

140,097

 

 

(2,635,448

)

 

173,136

 

 

(1,324,324

)

 

(415,861

)

 

(13,803,755

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

(958,897

)

 

127,129

 

 

(162,195,721

)

 

(1,123,756

)

 

(7,658,324

)

 

(582,439

)

 

(57,377,075

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

12,910,739

 

 

117,694

 

 

473,531,460

 

 

3,978,133

 

 

23,555,713

 

 

962,734

 

 

296,203,400

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

11,951,842

 

$

244,823

 

$

311,335,739

 

$

2,854,377

 

$

15,897,389

 

$

380,295

 

$

238,826,325

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

840,317

 

 

7,297

 

 

6,415,149

 

 

49,116

 

 

1,536,722

 

 

60,343

 

 

5,834,656

 

 

Units issued

 

626,398

 

 

15,433

 

 

1,681,992

 

 

22,024

 

 

556,554

 

 

15,078

 

 

794,406

 

 

Units redeemed

 

(572,089

)

 

(5,547

)

 

(1,722,954

)

 

(17,036

)

 

(672,819

)

 

(42,786

)

 

(1,109,332

)

 

Units outstanding at end of year

 

894,626

 

 

17,183

 

 

6,374,187

 

 

54,104

 

 

1,420,457

 

 

32,635

 

 

5,519,730

 

 

 

See Notes to the Financial Statements.

96


                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 U.S. Stock Market Index Fund - Class A

 

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

 

JNL/Mellon Utilities Sector Fund - Class A

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(14,352

)

$

(13,451,010

)

$

(2,667,686

)

$

(10,919

)

$

(6,147,158

)

$

(8,676

)

$

(388,569

)

 

Net realized gain (loss) on investments in Funds

 

78,916

 

 

54,855,344

 

 

9,273,306

 

 

63,443

 

 

1,089,850

 

 

(1,189

)

 

948,659

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

(578,783

)

 

(264,155,349

)

 

(46,135,615

)

 

(457,765

)

 

(103,764,205

)

 

(391,787

)

 

(1,170,588

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

(514,219

)

 

(222,751,015

)

 

(39,529,995

)

 

(405,241

)

 

(108,821,513

)

 

(401,652

)

 

(610,498

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

232,107

 

 

74,611,003

 

 

8,933,957

 

 

193,235

 

 

8,496,753

 

 

226,749

 

 

4,033,877

 

 

Surrenders and terminations

 

(120,733

)

 

(63,436,856

)

 

(11,839,178

)

 

(10,598

)

 

(26,843,209

)

 

(33,680

)

 

(1,483,436

)

 

Transfers between Investment Divisions

 

(862,645

)

 

2,478,996

 

 

(8,736,714

)

 

(120,814

)

 

(23,114,728

)

 

(12,779

)

 

14,163,991

 

 

Contract owner charges

 

(27,449

)

 

(11,191,327

)

 

(2,183,076

)

 

(30,137

)

 

(5,370,393

)

 

(20,085

)

 

(305,636

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(778,720

)

 

2,461,816

 

 

(13,825,011

)

 

31,686

 

 

(46,831,577

)

 

160,205

 

 

16,408,796

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

(1,292,939

)

 

(220,289,199

)

 

(53,355,006

)

 

(373,555

)

 

(155,653,090

)

 

(241,447

)

 

15,798,298

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

3,725,864

 

 

1,125,569,621

 

 

228,895,745

 

 

2,472,663

 

 

538,083,288

 

 

1,981,582

 

 

19,702,053

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

2,432,925

 

$

905,280,422

 

$

175,540,739

 

$

2,099,108

 

$

382,430,198

 

$

1,740,135

 

$

35,500,351

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

58,496

 

 

26,960,330

 

 

5,199,916

 

 

43,088

 

 

28,864,873

 

 

100,851

 

 

994,976

 

 

Units issued

 

10,218

 

 

5,893,321

 

 

935,615

 

 

10,125

 

 

2,540,319

 

 

39,237

 

 

1,602,320

 

 

Units redeemed

 

(25,298

)

 

(5,868,476

)

 

(1,280,765

)

 

(9,259

)

 

(5,409,440

)

 

(29,288

)

 

(788,442

)

 

Units outstanding at end of year

 

43,416

 

 

26,985,175

 

 

4,854,766

 

 

43,954

 

 

25,995,752

 

 

110,800

 

 

1,808,854

 

 

 

See Notes to the Financial Statements.

97


                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Mellon Utilities Sector Fund - Class I

 

JNL/Mellon World Index Fund - Class A

 

JNL/Mellon World Index Fund - Class I

 

JNL/MFS Mid Cap Value Fund - Class A

 

JNL/MFS Mid Cap Value Fund - Class I

 

JNL/Morningstar PitchBook Listed Private Equity Index Fund - Class A

 

JNL/Morningstar U.S. Sustainability Index Fund - Class A

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(1,074

)

$

(159,462

)

$

(2,494

)

$

(2,165,944

)

$

(4,017

)

$

(2,744

)

$

(316,354

)

 

Net realized gain (loss) on investments in Funds

 

1,904

 

 

318,643

 

 

(27,023

)

 

9,663,931

 

 

19,779

 

 

(9,920

)

 

579,634

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

662

 

 

(2,928,862

)

 

(89,489

)

 

(25,029,880

)

 

(81,320

)

 

(134,522

)

 

(5,904,066

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

1,492

 

 

(2,769,681

)

 

(119,006

)

 

(17,531,893

)

 

(65,558

)

 

(147,186

)

 

(5,640,786

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

172,972

 

 

2,480,037

 

 

1,500

 

 

7,079,018

 

 

274,329

 

 

40,096

 

 

3,367,256

 

 

Surrenders and terminations

 

(4,008

)

 

(454,654

)

 

(211,810

)

 

(9,356,101

)

 

(16,580

)

 

(855

)

 

(853,051

)

 

Transfers between Investment Divisions

 

79,799

 

 

334,607

 

 

7,559

 

 

(5,260,284

)

 

22,387

 

 

29,282

 

 

(685,836

)

 

Contract owner charges

 

(1,239

)

 

(102,067

)

 

(2,236

)

 

(1,896,525

)

 

(10,506

)

 

(38

)

 

(270,063

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

247,524

 

 

2,257,923

 

 

(204,987

)

 

(9,433,892

)

 

269,630

 

 

68,485

 

 

1,558,306

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

249,016

 

 

(511,758

)

 

(323,993

)

 

(26,965,785

)

 

204,072

 

 

(78,701

)

 

(4,082,480

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

125,282

 

 

13,762,746

 

 

667,084

 

 

168,543,006

 

 

703,473

 

 

390,218

 

 

21,346,361

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

374,298

 

$

13,250,988

 

$

343,091

 

$

141,577,221

 

$

907,545

 

$

311,517

 

$

17,263,881

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

6,353

 

 

395,928

 

 

14,847

 

 

4,959,615

 

 

16,478

 

 

32,521

 

 

1,022,751

 

 

Units issued

 

12,387

 

 

239,637

 

 

3,143

 

 

967,255

 

 

11,423

 

 

10,575

 

 

726,595

 

 

Units redeemed

 

(820

)

 

(172,149

)

 

(8,861

)

 

(1,281,475

)

 

(4,597

)

 

(3,130

)

 

(701,810

)

 

Units outstanding at end of year

 

17,920

 

 

463,416

 

 

9,129

 

 

4,645,395

 

 

23,304

 

 

39,966

 

 

1,047,536

 

 

 

See Notes to the Financial Statements.

98


                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Morningstar U.S. Sustainability Index 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 Gold Plus Strategy Fund - Class A(a)

 

JNL/Neuberger Berman Strategic Income Fund - Class A

 

JNL/Neuberger Berman Strategic Income Fund - Class I

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(3,512

)

$

195

 

$

2,681

 

$

(32,531

)

$

(5,233

)

$

(628,786

)

$

(1,289

)

 

Net realized gain (loss) on investments in Funds

 

7,528

 

 

3,864,755

 

 

46,897

 

 

199,313

 

 

(35,565

)

 

(59,570

)

 

1,688

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

(169,496

)

 

(7,111,320

)

 

(63,321

)

 

207,631

 

 

(9,912

)

 

(5,690,294

)

 

(28,755

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

(165,480

)

 

(3,246,370

)

 

(13,743

)

 

374,413

 

 

(50,710

)

 

(6,378,650

)

 

(28,356

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

60,000

 

 

2,272,247

 

 

128,627

 

 

773,057

 

 

9,474

 

 

7,126,680

 

 

70,674

 

 

Surrenders and terminations

 

 

 

(918,654

)

 

(3,045

)

 

(326,305

)

 

(181,680

)

 

(2,827,802

)

 

(1,492

)

 

Transfers between Investment Divisions

 

49,093

 

 

652,305

 

 

(2,550

)

 

1,146,862

 

 

937,332

 

 

(2,998,134

)

 

25,416

 

 

Contract owner charges

 

(11,218

)

 

(226,956

)

 

(1,457

)

 

(321

)

 

(142

)

 

(458,300

)

 

(3,879

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

97,875

 

 

1,778,942

 

 

121,575

 

 

1,593,293

 

 

764,984

 

 

842,444

 

 

90,719

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

(67,605

)

 

(1,467,428

)

 

107,832

 

 

1,967,706

 

 

714,274

 

 

(5,536,206

)

 

62,363

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

796,477

 

 

20,819,133

 

 

115,948

 

 

2,113,163

 

 

 

 

50,928,530

 

 

256,954

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

728,872

 

$

19,351,705

 

$

223,780

 

$

4,080,869

 

$

714,274

 

$

45,392,324

 

$

319,317

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

36,108

 

 

1,230,798

 

 

6,618

 

 

261,131

 

 

 

 

 

4,016,404

 

 

17,899

 

 

Units issued

 

7,706

 

 

579,375

 

 

11,547

 

 

280,682

 

 

124,442

 

 

1,039,811

 

 

9,749

 

 

Units redeemed

 

(2,484

)

 

(463,925

)

 

(3,346

)

 

(120,527

)

 

(46,967

)

 

(1,013,086

)

 

(2,826

)

 

Units outstanding at end of year

 

41,330

 

 

1,346,248

 

 

14,819

 

 

421,286

 

 

77,475

 

 

4,043,129

 

 

24,822

 

 

 

  

(a)

The mutual fund's shares, as applicable, became available for investment by the Investment Division on April 25, 2022. The Statement of Changes in Net Assets is from April 25, 2022 through December 31, 2022.

See Notes to the Financial Statements.

99


                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Newton Equity Income Fund - Class A

 

JNL/Newton Equity 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

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(767,344

)

$

(6,262

)

$

(615,455

)

$

(4,857

)

$

(537,286

)

$

(2,809

)

$

(1,274,375

)

 

Net realized gain (loss) on investments in Funds

 

3,206,669

 

 

10,076

 

 

(118,157

)

 

(745

)

 

(1,039,810

)

 

(15,504

)

 

1,114,468

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

(374,854

)

 

(30,606

)

 

(4,190,625

)

 

(58,456

)

 

(6,825,464

)

 

(71,528

)

 

(13,066,276

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

2,064,471

 

 

(26,792

)

 

(4,924,237

)

 

(64,058

)

 

(8,402,560

)

 

(89,841

)

 

(13,226,183

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

9,337,135

 

 

187,800

 

 

2,925,752

 

 

101,534

 

 

1,767,218

 

 

75,000

 

 

7,856,776

 

 

Surrenders and terminations

 

(2,913,910

)

 

(204,056

)

 

(3,196,420

)

 

(14,739

)

 

(1,940,105

)

 

(11,138

)

 

(7,462,194

)

 

Transfers between Investment Divisions

 

40,070,112

 

 

1,148,249

 

 

(1,700,923

)

 

194,382

 

 

(3,652,185

)

 

(19,403

)

 

(16,861,088

)

 

Contract owner charges

 

(594,209

)

 

(4,824

)

 

(411,026

)

 

(9,043

)

 

(375,375

)

 

(6,012

)

 

(1,004,899

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

45,899,128

 

 

1,127,169

 

 

(2,382,617

)

 

272,134

 

 

(4,200,447

)

 

38,447

 

 

(17,471,405

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

47,963,599

 

 

1,100,377

 

 

(7,306,854

)

 

208,076

 

 

(12,603,007

)

 

(51,394

)

 

(30,697,588

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

36,776,728

 

 

814,802

 

 

52,971,482

 

 

815,103

 

 

48,680,066

 

 

484,668

 

 

113,158,364

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

84,740,327

 

$

1,915,179

 

$

45,664,628

 

$

1,023,179

 

$

36,077,059

 

$

433,274

 

$

82,460,776

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

1,187,073

 

 

25,206

 

 

4,823,808

 

 

71,033

 

 

3,609,318

 

 

33,135

 

 

6,941,476

 

 

Units issued

 

2,572,327

 

 

67,829

 

 

1,009,648

 

 

40,899

 

 

607,767

 

 

26,526

 

 

1,681,768

 

 

Units redeemed

 

(1,073,283

)

 

(32,806

)

 

(1,249,329

)

 

(14,868

)

 

(966,327

)

 

(23,806

)

 

(2,808,669

)

 

Units outstanding at end of year

 

2,686,117

 

 

60,229

 

 

4,584,127

 

 

97,064

 

 

3,250,758

 

 

35,855

 

 

5,814,575

 

 

 

See Notes to the Financial Statements.

100


                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 Total Return Fund - Class A

 

JNL/PPM America Total Return Fund - Class I

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(3,791

)

$

(1,315,374

)

$

(17,828

)

$

(1,265,359

)

$

(2,624

)

$

(639,406

)

$

(1,391

)

 

Net realized gain (loss) on investments in Funds

 

(5,775

)

 

236,172

 

 

(7,903

)

 

868,210

 

 

(3,640

)

 

(801,732

)

 

(621

)

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

(89,042

)

 

(5,087,353

)

 

(197,043

)

 

(13,307,606

)

 

(61,140

)

 

(7,129,126

)

 

(35,113

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

(98,608

)

 

(6,166,555

)

 

(222,774

)

 

(13,704,755

)

 

(67,404

)

 

(8,570,264

)

 

(37,125

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

389,327

 

 

5,582,635

 

 

91,310

 

 

4,084,180

 

 

128,962

 

 

2,728,684

 

 

167,400

 

 

Surrenders and terminations

 

(19,325

)

 

(7,387,123

)

 

(137,502

)

 

(7,031,743

)

 

(93,924

)

 

(3,169,300

)

 

(4,472

)

 

Transfers between Investment Divisions

 

(131,061

)

 

2,420,967

 

 

4,166,185

 

 

(10,739,572

)

 

15,808

 

 

(4,233,167

)

 

29,697

 

 

Contract owner charges

 

(8,109

)

 

(922,424

)

 

(54,398

)

 

(902,713

)

 

(2,913

)

 

(473,803

)

 

(3,398

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

230,832

 

 

(305,945

)

 

4,065,595

 

 

(14,589,848

)

 

47,933

 

 

(5,147,586

)

 

189,227

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

132,224

 

 

(6,472,500

)

 

3,842,821

 

 

(28,294,603

)

 

(19,471

)

 

(13,717,850

)

 

152,102

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

702,232

 

 

95,206,915

 

 

209,727

 

 

112,040,005

 

 

525,831

 

 

59,537,566

 

 

213,460

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

834,456

 

$

88,734,415

 

$

4,052,548

 

$

83,745,402

 

$

506,360

 

$

45,819,716

 

$

365,562

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

35,835

 

 

7,854,490

 

 

17,711

 

 

4,448,467

 

 

15,337

 

 

3,158,488

 

 

14,230

 

 

Units issued

 

26,293

 

 

2,781,148

 

 

366,318

 

 

526,905

 

 

8,709

 

 

599,715

 

 

15,229

 

 

Units redeemed

 

(14,145

)

 

(2,861,718

)

 

(21,759

)

 

(1,168,969

)

 

(7,507

)

 

(895,031

)

 

(650

)

 

Units outstanding at end of year

 

47,983

 

 

7,773,920

 

 

362,270

 

 

3,806,403

 

 

16,539

 

 

2,863,172

 

 

28,809

 

 

 

See Notes to the Financial Statements.

101


                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

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

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(345,779

)

$

(1,197

)

$

(2,792,965

)

$

(578

)

$

(348,934

)

$

(199

)

$

(8,737,693

)

 

Net realized gain (loss) on investments in Funds

 

60,000

 

 

(624

)

 

11,894,393

 

 

116

 

 

435,413

 

 

(15

)

 

20,685,148

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

(4,051,390

)

 

(31,393

)

 

(28,747,772

)

 

(8,458

)

 

(6,793,283

)

 

(4,867

)

 

(108,041,352

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

(4,337,169

)

 

(33,214

)

 

(19,646,344

)

 

(8,920

)

 

(6,706,804

)

 

(5,081

)

 

(96,093,897

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

1,628,841

 

 

112,158

 

 

1,383,952

 

 

60,000

 

 

2,835,157

 

 

 

 

72,964,596

 

 

Surrenders and terminations

 

(1,579,373

)

 

(4,172

)

 

(17,586,624

)

 

 

 

(2,685,817

)

 

(105

)

 

(33,219,851

)

 

Transfers between Investment Divisions

 

(295,616

)

 

129,451

 

 

(8,649,798

)

 

20,591

 

 

18,453

 

 

79,229

 

 

20,492,047

 

 

Contract owner charges

 

(286,791

)

 

(3,763

)

 

(1,533,859

)

 

(593

)

 

(107,576

)

 

(24

)

 

(6,782,172

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

(532,939

)

 

233,674

 

 

(26,386,329

)

 

79,998

 

 

60,217

 

 

79,100

 

 

53,454,620

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

(4,870,108

)

 

200,460

 

 

(46,032,673

)

 

71,078

 

 

(6,646,587

)

 

74,019

 

 

(42,639,277

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

27,961,154

 

 

141,508

 

 

212,705,948

 

 

63,516

 

 

34,781,998

 

 

6,403

 

 

709,599,564

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

23,091,046

 

$

341,968

 

$

166,673,275

 

$

134,594

 

$

28,135,411

 

$

80,422

 

$

666,960,287

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

1,231,151

 

 

4,984

 

 

7,047,179

 

 

1,582

 

 

2,207,738

 

 

386

 

 

30,076,718

 

 

Units issued

 

355,196

 

 

11,430

 

 

354,625

 

 

2,237

 

 

518,693

 

 

5,435

 

 

8,394,435

 

 

Units redeemed

 

(385,131

)

 

(2,349

)

 

(1,311,727

)

 

(18

)

 

(529,257

)

 

(9

)

 

(5,920,309

)

 

Units outstanding at end of year

 

1,201,216

 

 

14,065

 

 

6,090,077

 

 

3,801

 

 

2,197,174

 

 

5,812

 

 

32,550,844

 

 

 

See Notes to the Financial Statements.

102


                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(31,614

)

$

(8,285,748

)

$

(21,568

)

$

(5,295,581

)

$

(10,288

)

$

(1,059,547

)

$

(17,252

)

 

Net realized gain (loss) on investments in Funds

 

228,219

 

 

18,378,138

 

 

(92,785

)

 

17,592,248

 

 

54,782

 

 

(123,391

)

 

(16,546

)

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

(1,027,317

)

 

(337,644,949

)

 

(2,309,419

)

 

(118,588,075

)

 

(659,151

)

 

(3,639,806

)

 

(174,270

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

(830,712

)

 

(327,552,559

)

 

(2,423,772

)

 

(106,291,408

)

 

(614,657

)

 

(4,822,744

)

 

(208,068

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

1,598,726

 

 

24,860,971

 

 

206,663

 

 

18,533,622

 

 

84,544

 

 

3,820,163

 

 

53,825

 

 

Surrenders and terminations

 

(176,645

)

 

(33,026,547

)

 

(113,917

)

 

(20,117,607

)

 

(93,683

)

 

(9,333,426

)

 

(525,879

)

 

Transfers between Investment Divisions

 

(202,453

)

 

(12,758,155

)

 

43,347

 

 

(17,904,676

)

 

719,314

 

 

7,026,291

 

 

(11,254

)

 

Contract owner charges

 

(61,326

)

 

(7,309,041

)

 

(51,771

)

 

(5,143,136

)

 

(22,843

)

 

(833,763

)

 

(2,512

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

1,158,302

 

 

(28,232,772

)

 

84,322

 

 

(24,631,797

)

 

687,332

 

 

679,265

 

 

(485,820

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

327,590

 

 

(355,785,331

)

 

(2,339,450

)

 

(130,923,205

)

 

72,675

 

 

(4,143,479

)

 

(693,888

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

6,135,933

 

 

839,035,198

 

 

6,055,793

 

 

462,820,455

 

 

2,639,338

 

 

80,699,698

 

 

4,558,992

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

6,463,523

 

$

483,249,867

 

$

3,716,343

 

$

331,897,250

 

$

2,712,013

 

$

76,556,219

 

$

3,865,104

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

244,850

 

 

6,078,726

 

 

31,203

 

 

2,604,615

 

 

10,347

 

 

7,570,046

 

 

354,487

 

 

Units issued

 

172,165

 

 

986,523

 

 

10,311

 

 

352,699

 

 

5,976

 

 

2,611,379

 

 

14,798

 

 

Units redeemed

 

(122,823

)

 

(1,258,182

)

 

(10,421

)

 

(521,077

)

 

(2,700

)

 

(2,547,427

)

 

(54,366

)

 

Units outstanding at end of year

 

294,192

 

 

5,807,067

 

 

31,093

 

 

2,436,237

 

 

13,623

 

 

7,633,998

 

 

314,919

 

 

 

See Notes to the Financial Statements.

103


                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 Growth ETF Allocation Fund - Class A

 

JNL/Vanguard Growth ETF Allocation Fund - Class I

 

JNL/Vanguard Moderate ETF Allocation Fund - Class A

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(141,039

)

$

(303

)

$

(3,832,952

)

$

(18,765

)

$

(2,189,684

)

$

(27,699

)

$

(493,460

)

 

Net realized gain (loss) on investments in Funds

 

(75,326

)

 

(1,621

)

 

12,299,054

 

 

145,144

 

 

(1,674,364

)

 

(3,311

)

 

166,917

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

(1,828,604

)

 

(8,287

)

 

(46,104,256

)

 

(657,474

)

 

(29,365,695

)

 

(1,016,728

)

 

(6,337,134

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

(2,044,969

)

 

(10,211

)

 

(37,638,154

)

 

(531,095

)

 

(33,229,743

)

 

(1,047,738

)

 

(6,663,677

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

2,440,104

 

 

21,212

 

 

18,121,278

 

 

385,728

 

 

11,003,919

 

 

494,754

 

 

5,538,731

 

 

Surrenders and terminations

 

(964,347

)

 

(745

)

 

(12,944,460

)

 

(275,864

)

 

(8,039,048

)

 

(90,905

)

 

(2,288,091

)

 

Transfers between Investment Divisions

 

(292,398

)

 

(16,057

)

 

(488,012

)

 

295,806

 

 

(13,809,502

)

 

(20,669

)

 

1,856,383

 

 

Contract owner charges

 

(89,477

)

 

(649

)

 

(3,052,553

)

 

(24,698

)

 

(1,947,505

)

 

(58,278

)

 

(319,383

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

1,093,882

 

 

3,761

 

 

1,636,253

 

 

380,972

 

 

(12,792,136

)

 

324,902

 

 

4,787,640

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

(951,087

)

 

(6,450

)

 

(36,001,901

)

 

(150,123

)

 

(46,021,879

)

 

(722,836

)

 

(1,876,037

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

12,291,777

 

 

61,421

 

 

292,683,372

 

 

4,593,902

 

 

188,199,228

 

 

6,141,176

 

 

41,681,597

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

11,340,690

 

$

54,971

 

$

256,681,471

 

$

4,443,779

 

$

142,177,349

 

$

5,418,340

 

$

39,805,560

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

1,020,760

 

 

4,881

 

 

6,157,490

 

 

72,200

 

 

12,959,611

 

 

399,465

 

 

3,333,209

 

 

Units issued

 

395,639

 

 

6,298

 

 

1,394,941

 

 

22,337

 

 

1,423,451

 

 

107,232

 

 

965,565

 

 

Units redeemed

 

(299,052

)

 

(6,071

)

 

(1,364,172

)

 

(16,012

)

 

(2,492,862

)

 

(83,849

)

 

(544,348

)

 

Units outstanding at end of year

 

1,117,347

 

 

5,108

 

 

6,188,259

 

 

78,525

 

 

11,890,200

 

 

422,848

 

 

3,754,426

 

 

 

See Notes to the Financial Statements.

104


                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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/WCM China Quality Growth Fund - Class A(a)

 

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)

$

(6,465

)

$

(782,296

)

$

(21,801

)

$

(355

)

$

(602,417

)

$

(4,154

)

$

(36,131

)

 

Net realized gain (loss) on investments in Funds

 

3,325

 

 

541,180

 

 

2,018

 

 

(34

)

 

8,553,255

 

 

110,849

 

 

42,042

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

(218,041

)

 

(10,766,361

)

 

(810,197

)

 

(2,873

)

 

(21,833,495

)

 

(430,440

)

 

(145,305

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

(221,181

)

 

(11,007,477

)

 

(829,980

)

 

(3,262

)

 

(13,882,657

)

 

(323,745

)

 

(139,394

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

42,908

 

 

7,063,057

 

 

124,155

 

 

 

 

7,349,549

 

 

262,520

 

 

806,854

 

 

Surrenders and terminations

 

(25,400

)

 

(2,184,219

)

 

(140,113

)

 

 

 

(1,400,620

)

 

(44,850

)

 

(172,868

)

 

Transfers between Investment Divisions

 

169,349

 

 

1,523,815

 

 

401,953

 

 

94,123

 

 

17,978,902

 

 

(389,870

)

 

22,465

 

 

Contract owner charges

 

(3,866

)

 

(624,032

)

 

(57,193

)

 

 

 

(483,019

)

 

(8,755

)

 

(27,326

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

182,991

 

 

5,778,621

 

 

328,802

 

 

94,123

 

 

23,444,812

 

 

(180,955

)

 

629,125

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

(38,190

)

 

(5,228,856

)

 

(501,178

)

 

90,861

 

 

9,562,155

 

 

(504,700

)

 

489,731

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

1,522,954

 

 

62,933,548

 

 

5,228,826

 

 

 

 

44,279,543

 

 

1,241,008

 

 

2,704,477

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

1,484,764

 

$

57,704,692

 

$

4,727,648

 

$

90,861

 

$

53,841,698

 

$

736,308

 

$

3,194,208

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

115,598

 

 

4,672,485

 

 

366,726

 

 

 

 

 

1,762,051

 

 

44,901

 

 

221,744

 

 

Units issued

 

20,778

 

 

1,588,525

 

 

41,601

 

 

8,783

 

 

1,786,238

 

 

20,786

 

 

176,678

 

 

Units redeemed

 

(5,232

)

 

(1,134,119

)

 

(15,931

)

 

 

 

(492,797

)

 

(28,264

)

 

(123,068

)

 

Units outstanding at end of year

 

131,144

 

 

5,126,891

 

 

392,396

 

 

8,783

 

 

3,055,492

 

 

37,423

 

 

275,354

 

 

 

  

(a)

The mutual fund's shares, as applicable, became available for investment by the Investment Division on April 25, 2022. The Statement of Changes in Net Assets is from April 25, 2022 through December 31, 2022.

See Notes to the Financial Statements.

105


                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/Westchester Capital Event Driven Fund - Class I

 

JNL/Western Asset Global Multi-Sector Bond Fund - Class A

 

JNL/Western Asset Global Multi-Sector Bond Fund - Class I

 

JNL/William Blair International Leaders Fund - Class A

 

JNL/William Blair International Leaders Fund - Class I

 

JNL/WMC Balanced Fund - Class A

 

JNL/WMC Balanced Fund - Class I

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(30

)

$

(398,581

)

$

(219

)

$

164,054

 

$

6,471

 

$

(7,445,723

)

$

(7,453

)

 

Net realized gain (loss) on investments in Funds

 

(5

)

 

(2,347,069

)

 

(10,524

)

 

6,562,916

 

 

53,064

 

 

17,934,942

 

 

55,088

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

(275

)

 

487,714

 

 

7,361

 

 

(23,895,883

)

 

(174,937

)

 

(104,658,683

)

 

(246,301

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

(310

)

 

(2,257,936

)

 

(3,382

)

 

(17,168,913

)

 

(115,402

)

 

(94,169,464

)

 

(198,666

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

9,000

 

 

578,496

 

 

2,000

 

 

1,582,814

 

 

 

 

40,908,740

 

 

948,445

 

 

Surrenders and terminations

 

 

 

(2,022,110

)

 

(795

)

 

(3,806,641

)

 

 

 

(32,332,882

)

 

(76,464

)

 

Transfers between Investment Divisions

 

 

 

(2,017,029

)

 

(45,191

)

 

1,150,403

 

 

46,933

 

 

(12,942,653

)

 

(6,710

)

 

Contract owner charges

 

(134

)

 

(254,298

)

 

(701

)

 

(601,813

)

 

(6,293

)

 

(5,849,177

)

 

(19,706

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

8,866

 

 

(3,714,941

)

 

(44,687

)

 

(1,675,237

)

 

40,640

 

 

(10,215,972

)

 

845,565

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

8,556

 

 

(5,972,877

)

 

(48,069

)

 

(18,844,150

)

 

(74,762

)

 

(104,385,436

)

 

646,899

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

 

 

33,728,925

 

 

96,297

 

 

66,002,004

 

 

445,436

 

 

624,741,155

 

 

1,458,031

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

8,556

 

$

27,756,048

 

$

48,228

 

$

47,157,854

 

$

370,674

 

$

520,355,719

 

$

2,104,930

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

-

 

 

3,366,526

 

 

8,477

 

 

2,290,666

 

 

10,319

 

 

9,112,904

 

 

14,863

 

 

Units issued

 

705

 

 

328,039

 

 

1,322

 

 

401,755

 

 

1,655

 

 

1,279,413

 

 

19,123

 

 

Units redeemed

 

(11

)

 

(712,373

)

 

(5,339

)

 

(473,933

)

 

(602

)

 

(1,442,069

)

 

(8,381

)

 

Units outstanding at end of year

 

694

 

 

2,982,192

 

 

4,460

 

 

2,218,488

 

 

11,372

 

 

8,950,248

 

 

25,605

 

 

 

See Notes to the Financial Statements.

106


                        

JNLNY Separate Account I

Statements of Changes in Net Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/WMC Equity Income Fund - Class A

 

JNL/WMC Equity Income Fund - Class I

 

JNL/WMC Global Real Estate Fund - Class A

 

JNL/WMC Global Real Estate 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

 

 

Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (loss)

$

(840,490

)

$

(8,005

)

$

(767,654

)

$

(517

)

$

(398,467

)

$

15,916

 

$

(820,398

)

 

Net realized gain (loss) on investments in Funds

 

4,379,964

 

 

60,927

 

 

210,700

 

 

(1,201

)

 

 

 

1

 

 

3,102,036

 

 

Net change in unrealized appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(depreciation) on investments in Funds

 

(4,003,670

)

 

(53,530

)

 

(18,418,725

)

 

(31,368

)

 

 

 

 

 

(5,978,579

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from operations

 

(464,196

)

 

(608

)

 

(18,975,679

)

 

(33,086

)

 

(398,467

)

 

15,917

 

 

(3,696,941

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase payments

 

3,361,148

 

 

66,640

 

 

848,695

 

 

 

 

30,266,238

 

 

2,330,996

 

 

2,057,522

 

 

Surrenders and terminations

 

(3,254,990

)

 

(26,355

)

 

(3,888,674

)

 

(141

)

 

(27,776,364

)

 

(42,511

)

 

(3,458,050

)

 

Transfers between Investment Divisions

 

1,929,241

 

 

165,420

 

 

(111,559

)

 

15,242

 

 

25,353,677

 

 

(4,918,708

)

 

(403,642

)

 

Contract owner charges

 

(744,003

)

 

(14,046

)

 

(635,807

)

 

(709

)

 

(1,082,529

)

 

(7,554

)

 

(688,943

)

 

Net change in net assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from contract transactions

 

1,291,396

 

 

191,659

 

 

(3,787,345

)

 

14,392

 

 

26,761,022

 

 

(2,637,777

)

 

(2,493,113

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in net assets

 

827,200

 

 

191,051

 

 

(22,763,024

)

 

(18,694

)

 

26,362,555

 

 

(2,621,860

)

 

(6,190,054

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

60,740,855

 

 

1,328,850

 

 

69,241,475

 

 

101,189

 

 

114,353,248

 

 

4,449,918

 

 

59,585,981

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets end of year

$

61,568,055

 

$

1,519,901

 

$

46,478,451

 

$

82,495

 

$

140,715,803

 

$

1,828,058

 

$

53,395,927

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Units outstanding at beginning of year

 

4,057,435

 

 

84,494

 

 

3,199,168

 

 

3,859

 

 

9,531,663

 

 

286,704

 

 

1,140,233

 

 

Units issued

 

1,529,479

 

 

28,816

 

 

384,708

 

 

2,657

 

 

12,304,967

 

 

173,648

 

 

220,322

 

 

Units redeemed

 

(1,431,903

)

 

(16,933

)

 

(573,766

)

 

(2,109

)

 

(9,876,404

)

 

(344,681

)

 

(271,290

)

 

Units outstanding at end of year

 

4,155,011

 

 

96,377

 

 

3,010,110

 

 

4,407

 

 

11,960,226

 

 

115,671

 

 

1,089,265

 

 

 

See Notes to the Financial Statements.

107


      

JNLNY Separate Account I

Statements of Changes in Net Assets

 

December 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JNL/WMC Value Fund - Class I

 

 

Operations

 

 

 

 

Net investment income (loss)

$

(344

)

 

Net realized gain (loss) on investments in Funds

 

(32,016

)

 

Net change in unrealized appreciation

 

 

 

 

 

(depreciation) on investments in Funds

 

 

 

Net change in net assets

 

 

 

 

 

from operations

 

(32,360

)

 

 

 

 

 

 

 

Contract transactions

 

 

 

 

Transfers between Investment Divisions

 

32,360

 

 

Net change in net assets

 

 

 

 

 

from contract transactions

 

32,360

 

 

 

 

 

 

 

 

Net change in net assets

 

 

 

 

 

 

 

 

 

Net assets beginning of year

 

 

 

 

 

 

 

 

 

Net assets end of year

$

 

 

 

 

 

 

 

 

Contract unit transactions

 

 

 

 

Units outstanding at beginning of year

 

-

 

 

Units issued

 

4,011

 

 

Units redeemed

 

(4,011

)

 

Units outstanding at end of year

 

 

 

 

See Notes to the Financial Statements.

108


                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

12/31/2023

 

96,675

 

5,024

 

0.00

 

 

17.333820

 

16.09

2.00

 

 

23.123483

 

18.08

 

0.30

 

12/31/2022

 

86,102

 

5,229

 

0.00

 

 

14.577101

 

(21.51

)‡

2.15

 

 

19.583624

 

(20.05

)‡

0.30

 

12/31/2021

 

114,647

 

5,501

 

0.00

 

 

16.848967

 

12.23

 

2.80

 

 

25.618468

 

15.42

 

0.00

 

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

 

JNL Aggressive Growth Allocation Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

454

 

24

 

0.00

 

 

22.528269

 

11.20

0.65

 

 

18.475951

 

18.23

0.45

 

12/31/2022

 

210

 

13

 

0.00

 

 

15.626616

 

(19.92

)

0.45

 

 

N/A

 

N/A

 

N/A

 

12/31/2021

 

269

 

14

 

0.00

 

 

19.513475

 

15.21

 

0.45

 

 

24.799240

 

15.27

 

0.40

 

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

 

JNL Bond Index Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

114

 

14

 

0.00

 

 

8.453609

 

5.07

 

0.40

 

 

N/A

 

N/A

 

N/A

 

12/31/2022

 

175

 

22

 

0.00

 

 

8.046010

 

(13.45

)

0.40

 

 

N/A

 

N/A

 

N/A

 

12/31/2021+

 

 

 

0.00

 

 

9.296795

 

0.43

0.40

 

 

9.296795

 

0.43

0.40

 

JNL Conservative Allocation Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

44,471

 

3,614

 

0.00

 

 

11.119550

 

7.07

 

2.05

 

 

14.191263

 

9.28

 

0.00

 

12/31/2022

 

44,449

 

3,903

 

0.00

 

 

10.385406

 

(14.89

)

2.05

 

 

12.986148

 

(13.13

)

0.00

 

12/31/2021

 

54,963

 

4,135

 

0.00

 

 

12.202650

 

1.57

 

2.05

 

 

14.949674

 

3.67

 

0.00

 

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

 

JNL Conservative Allocation Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

50

 

4

 

0.00

 

 

13.532901

 

9.12

 

0.45

 

 

N/A

 

N/A

 

N/A

 

12/31/2022

 

85

 

7

 

0.00

 

 

12.402401

 

(13.28

)

0.45

 

 

N/A

 

N/A

 

N/A

 

12/31/2021

 

 

 

0.00

 

 

14.302398

 

3.60

 

0.45

 

 

14.558496

 

3.72

 

0.40

 

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

 

JNL Emerging Markets Index Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

33

 

4

 

0.00

 

 

7.843183

 

9.43

 

0.40

 

 

N/A

 

N/A

 

N/A

 

12/31/2022

 

18

 

3

 

0.00

 

 

7.167337

 

(18.80

)

0.40

 

 

N/A

 

N/A

 

N/A

 

12/31/2021+

 

 

 

0.00

 

 

8.826961

 

(8.34

)‡

0.40

 

 

8.826961

 

(8.34

)‡

0.40

 

JNL Growth Allocation Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

201,519

 

10,426

 

0.00

 

 

17.070416

 

14.08

2.15

 

 

24.579364

 

16.55

 

0.00

 

12/31/2022

 

190,113

 

11,310

 

0.00

 

 

14.607499

 

(9.25

)‡

2.30

 

 

21.088487

 

(18.64

)

0.00

 

12/31/2021

 

174,616

 

8,285

 

0.00

 

 

17.941534

 

10.38

 

2.46

 

 

25.920980

 

13.13

 

0.00

 

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

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL Bond Index Fund - Class I - April 26, 2021; JNL Emerging Markets Index Fund - Class I - April 26, 2021.

*

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 contract 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 the respective period end.

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. 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 period less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the 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. Expense Ratios for the years ended 12/31/2022 and after include only contract expense levels that had units issued or outstanding during the reporting period. For contracts with only one expense ratio, the ratio is presented only under the Highest Expense Ratio.

¥

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

Total return is calculated from the effective date 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.

109


                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 Growth Allocation Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

207

 

10

 

0.00

 

 

22.766780

 

16.14

 

0.65

 

 

18.681448

 

16.38

 

0.45

 

12/31/2022

 

294

 

18

 

0.00

 

 

19.602136

 

(8.05

)‡

0.65

 

 

16.052635

 

(18.77

)‡

0.45

 

12/31/2021

 

227

 

11

 

0.00

 

 

19.761486

 

13.00

 

0.45

 

 

24.733647

 

10.09

 

0.40

 

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

 

JNL International Index Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

331

 

35

 

2.87

 

 

9.578221

 

17.37

 

0.40

 

 

N/A

 

N/A

 

N/A

 

12/31/2022

 

269

 

33

 

4.66

 

 

8.161052

 

(14.09

)

0.40

 

 

N/A

 

N/A

 

N/A

 

12/31/2021+

 

 

 

0.00

 

 

9.499912

 

2.72

0.40

 

 

9.499912

 

2.72

0.40

 

JNL iShares Tactical Growth Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

40,770

 

1,983

 

1.91

 

 

18.515479

 

11.76

 

2.00

 

 

23.491893

 

14.01

 

0.00

 

12/31/2022

 

34,480

 

1,888

 

1.38

 

 

16.567048

 

(17.02

)‡

2.00

 

 

20.604720

 

(15.35

)

0.00

 

12/31/2021

 

41,382

 

1,894

 

1.03

 

 

19.634140

 

12.57

 

2.17

 

 

24.341823

 

15.04

 

0.00

 

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

 

JNL iShares Tactical Growth Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

321

 

16

 

2.32

 

 

22.339753

 

13.61

 

0.65

 

 

19.642981

 

13.84

 

0.45

 

12/31/2022

 

234

 

13

 

1.72

 

 

19.663143

 

(15.67

)

0.65

 

 

17.255082

 

(15.50

)‡

0.45

 

12/31/2021

 

261

 

13

 

1.26

 

 

23.316112

 

14.68

 

0.65

 

 

23.715534

 

12.66

 

0.40

 

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

 

JNL iShares Tactical Moderate Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

20,060

 

1,395

 

2.36

 

 

13.293339

 

7.66

 

1.80

 

 

16.467972

 

9.61

 

0.00

 

12/31/2022

 

17,521

 

1,316

 

1.50

 

 

12.348040

 

(14.70

)

1.80

 

 

15.024780

 

(13.15

)

0.00

 

12/31/2021

 

19,349

 

1,246

 

1.26

 

 

14.475381

 

5.72

 

1.80

 

 

17.299916

 

7.64

 

0.00

 

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

 

JNL iShares Tactical Moderate Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

 

 

0.00

 

 

15.771683

 

5.10

 

0.60

 

 

N/A

 

N/A

 

N/A

 

12/31/2022

 

 

 

0.00

 

 

N/A

 

N/A

 

N/A

 

 

N/A

 

N/A

 

N/A

 

12/31/2021

 

 

 

0.00

 

 

15.492926

 

7.52

 

0.45

 

 

16.876533

 

7.23

 

0.40

 

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

 

JNL iShares Tactical Moderate Growth Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

30,240

 

1,728

 

2.15

 

 

15.776994

 

9.51

 

2.05

 

 

20.135419

 

11.77

 

0.00

 

12/31/2022

 

28,514

 

1,801

 

1.42

 

 

14.406633

 

(16.10

)

2.05

 

 

18.014401

 

(14.36

)

0.00

 

12/31/2021

 

32,988

 

1,759

 

1.14

 

 

17.170726

 

9.07

 

2.05

 

 

21.036201

 

11.32

 

0.00

 

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

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL International Index Fund - Class I - April 26, 2021.

*

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 contract 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 the respective period end.

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. 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 period less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the 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. Expense Ratios for the years ended 12/31/2022 and after include only contract expense levels that had units issued or outstanding during the reporting period. For contracts with only one expense ratio, the ratio is presented only under the Highest Expense Ratio.

¥

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

Total return is calculated from the effective date 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.

110


                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 Moderate Growth Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

1,973

 

100

 

2.64

 

 

17.450250

 

11.58

 

0.45

 

 

19.723814

 

11.64

 

0.40

 

12/31/2022

 

1,605

 

91

 

1.71

 

 

15.638858

 

(14.47

)

0.45

 

 

17.667629

 

(14.43

)

0.40

 

12/31/2021

 

1,969

 

96

 

1.36

 

 

18.285403

 

11.13

 

0.45

 

 

20.647222

 

11.18

 

0.40

 

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

 

JNL Mid Cap Index Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

258

 

27

 

0.00

 

 

9.662547

 

15.85

 

0.40

 

 

N/A

 

N/A

 

N/A

 

12/31/2022

 

185

 

22

 

0.00

 

 

8.340244

 

(13.47

)

0.40

 

 

N/A

 

N/A

 

N/A

 

12/31/2021+

 

 

 

0.00

 

 

9.638391

 

3.60

0.40

 

 

9.638391

 

3.60

0.40

 

JNL Moderate Allocation Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

118,273

 

7,931

 

0.00

 

 

13.801475

 

9.67

 

2.05

 

 

17.614458

 

11.94

 

0.00

 

12/31/2022

 

114,512

 

8,473

 

0.00

 

 

12.583981

 

(16.43

)‡

2.05

 

 

15.735588

 

(14.70

)

0.00

 

12/31/2021

 

140,184

 

8,740

 

0.00

 

 

14.909009

 

5.11

 

2.15

 

 

18.447149

 

7.40

 

0.00

 

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

 

JNL Moderate Allocation Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

180

 

11

 

0.00

 

 

16.848884

 

6.54

0.60

 

 

17.121350

 

11.91

 

0.40

 

12/31/2022

 

160

 

11

 

0.00

 

 

14.607574

 

(14.89

)

0.45

 

 

15.299074

 

(14.85

)

0.40

 

12/31/2021

 

129

 

8

 

0.00

 

 

17.162935

 

7.27

 

0.45

 

 

17.966429

 

6.41

 

0.40

 

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

 

JNL Moderate Growth Allocation Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

218,973

 

11,883

 

0.00

 

 

15.558654

 

11.04

 

2.40

 

 

23.372026

 

13.73

 

0.00

 

12/31/2022

 

220,114

 

13,394

 

0.00

 

 

14.011441

 

(17.77

)‡

2.40

 

 

20.549935

 

(15.77

)

0.00

 

12/31/2021

 

290,569

 

14,691

 

0.00

 

 

10.712462

 

4.30

 

5.50

 

 

24.398234

 

10.20

 

0.00

 

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

 

JNL Moderate Growth Allocation Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

133

 

7

 

0.00

 

 

21.651840

 

13.33

 

0.65

 

 

18.040566

 

13.56

 

0.45

 

12/31/2022

 

131

 

7

 

0.00

 

 

19.105227

 

(16.06

)

0.65

 

 

15.887020

 

(15.89

)‡

0.45

 

12/31/2021

 

158

 

7

 

0.00

 

 

22.761146

 

9.84

 

0.65

 

 

23.282505

 

8.44

 

0.40

 

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

 

JNL Multi-Manager Alternative Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

14,230

 

1,312

 

0.00

 

 

10.009702

 

9.09

 

2.05

 

 

11.958607

 

11.34

 

0.00

 

12/31/2022

 

13,685

 

1,390

 

0.00

 

 

9.175728

 

(12.30

)

2.05

 

 

10.740412

 

(10.49

)

0.00

 

12/31/2021

 

16,124

 

1,447

 

0.00

 

 

10.462891

 

0.70

 

2.05

 

 

11.999213

 

2.78

 

0.00

 

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

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL Mid Cap Index Fund - Class I - April 26, 2021.

*

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 contract 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 the respective period end.

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. 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 period less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the 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. Expense Ratios for the years ended 12/31/2022 and after include only contract expense levels that had units issued or outstanding during the reporting period. For contracts with only one expense ratio, the ratio is presented only under the Highest Expense Ratio.

¥

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

Total return is calculated from the effective date 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.

111


                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 Alternative Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

218

 

18

 

0.00

 

 

11.306184

 

10.55

 

0.90

 

 

11.807911

 

11.10

 

0.40

 

12/31/2022

 

199

 

19

 

0.00

 

 

10.227471

 

(11.00

)

0.90

 

 

10.628030

 

(10.56

)

0.40

 

12/31/2021

 

230

 

19

 

0.00

 

 

11.492052

 

0.97

0.90

 

 

11.882608

 

1.51

 

0.40

 

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

 

 

 

 

 

 

 

12/31/2023

 

53,796

 

4,425

 

1.43

 

 

10.099963

 

7.45

 

2.45

 

 

15.586855

 

10.11

 

0.00

 

12/31/2022

 

53,467

 

4,775

 

0.83

 

 

9.399528

 

(25.96

)‡

2.45

 

 

14.155821

 

(24.13

)

0.00

 

12/31/2021

 

79,728

 

5,328

 

1.23

 

 

11.555415

 

(2.94

)

3.06

 

 

18.657801

 

0.08

 

0.00

 

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

 

JNL Multi-Manager Emerging Markets Equity Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

464

 

30

 

1.85

 

 

14.481173

 

9.76

 

0.65

 

 

15.135410

 

10.03

 

0.40

 

12/31/2022

 

383

 

27

 

1.33

 

 

13.193753

 

(24.43

)

0.65

 

 

13.755396

 

(24.24

)

0.40

 

12/31/2021

 

489

 

26

 

1.78

 

 

17.457961

 

(0.25

)

0.65

 

 

18.155661

 

(0.00

)

0.40

 

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

 

JNL Multi-Manager International Small Cap Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

32,183

 

2,505

 

2.86

 

 

12.409060

 

19.99

 

2.05

 

 

13.856269

 

22.47

 

0.00

 

12/31/2022

 

27,706

 

2,605

 

1.08

 

 

10.341703

 

(31.84

)

2.05

 

 

11.314129

 

(30.44

)

0.00

 

12/31/2021

 

43,810

 

2,825

 

0.50

 

 

15.173519

 

1.65

2.05

 

 

16.264320

 

15.62

 

0.00

 

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

 

JNL Multi-Manager International Small Cap Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

117

 

9

 

2.95

 

 

13.741966

 

22.29

 

0.45

 

 

N/A

 

N/A

 

N/A

 

12/31/2022

 

111

 

10

 

2.17

 

 

11.237626

 

(30.59

)

0.45

 

 

N/A

 

N/A

 

N/A

 

12/31/2021+

 

74

 

5

 

0.49

 

 

16.189218

 

3.02

0.45

 

 

16.216587

 

3.06

0.40

 

JNL Multi-Manager Mid Cap Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

33,432

 

1,839

 

0.00

 

 

17.294421

 

10.06

 

2.05

 

 

20.077704

 

12.33

 

0.00

 

12/31/2022

 

30,393

 

1,853

 

0.00

 

 

15.714214

 

(18.13

)‡

2.05

 

 

17.873922

 

(16.44

)

0.00

 

12/31/2021

 

29,107

 

1,462

 

0.00

 

 

18.934424

 

21.41

 

2.31

 

 

21.391475

 

24.25

 

0.00

 

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

 

JNL Multi-Manager Mid Cap Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

1,149

 

58

 

0.00

 

 

19.545724

 

11.91

0.65

 

 

19.876493

 

12.19

 

0.40

 

12/31/2022

 

1,174

 

67

 

0.00

 

 

17.192861

 

(16.93

)

0.90

 

 

17.716735

 

(16.52

)

0.40

 

12/31/2021

 

1,041

 

49

 

0.00

 

 

20.697681

 

17.93

0.90

 

 

21.222270

 

18.70

 

0.40

 

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

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL Multi-Manager Alternative Fund - Class I - April 27, 2020; JNL Multi-Manager International Small Cap Fund - Class I - April 26, 2021.

*

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 contract 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 the respective period end.

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. 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 period less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the 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. Expense Ratios for the years ended 12/31/2022 and after include only contract expense levels that had units issued or outstanding during the reporting period. For contracts with only one expense ratio, the ratio is presented only under the Highest Expense Ratio.

¥

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

Total return is calculated from the effective date 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.

112


                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 Small Cap Growth Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

149,708

 

2,094

 

0.00

 

 

54.243074

 

13.51

 

2.45

 

 

105.856774

 

16.32

 

0.00

 

12/31/2022

 

134,893

 

2,163

 

0.00

 

 

47.785894

 

(32.74

)‡

2.45

 

 

91.004000

 

(31.08

)

0.00

 

12/31/2021

 

205,577

 

2,235

 

0.00

 

 

63.080557

 

(0.04

)

2.92

 

 

132.033743

 

2.92

 

0.00

 

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

 

JNL Multi-Manager Small Cap Growth Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

1,556

 

15

 

0.00

 

 

94.264293

 

15.92

 

0.65

 

 

100.921167

 

16.21

 

0.40

 

12/31/2022

 

1,331

 

15

 

0.00

 

 

81.316869

 

(31.32

)

0.65

 

 

86.842651

 

(31.15

)

0.40

 

12/31/2021

 

1,967

 

15

 

0.00

 

 

118.403700

 

2.55

 

0.65

 

 

126.134858

 

2.81

 

0.40

 

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

 

JNL Multi-Manager Small Cap Value Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

103,066

 

3,458

 

0.00

 

 

26.643321

 

18.52

2.05

 

 

39.065193

 

20.97

 

0.00

 

12/31/2022

 

88,548

 

3,546

 

0.00

 

 

21.511325

 

(14.15

)‡

2.30

 

 

32.292827

 

(12.16

)

0.00

 

12/31/2021

 

114,922

 

3,983

 

0.00

 

 

22.597995

 

19.45

 

2.92

 

 

36.761386

 

22.99

 

0.00

 

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

 

JNL Multi-Manager Small Cap Value Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

1,014

 

26

 

0.00

 

 

36.120161

 

20.59

 

0.65

 

 

37.850928

 

20.89

 

0.40

 

12/31/2022

 

341

 

11

 

0.00

 

 

29.952372

 

(12.50

)

0.65

 

 

31.310476

 

(12.28

)

0.40

 

12/31/2021

 

148

 

4

 

0.00

 

 

34.232761

 

5.37

0.65

 

 

35.691941

 

11.00

 

0.40

 

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

 

JNL S&P 500 Index Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

18,350

 

897

 

0.00

 

 

19.915149

 

25.04

 

0.90

 

 

20.548928

 

25.67

 

0.40

 

12/31/2022

 

13,200

 

811

 

0.00

 

 

15.926994

 

(12.19

)‡

0.90

 

 

16.352100

 

(18.50

)

0.40

 

12/31/2021

 

16,750

 

837

 

0.00

 

 

19.851890

 

27.69

 

0.65

 

 

20.064693

 

28.01

 

0.40

 

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

 

JNL Small Cap Index Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

145

 

16

 

0.00

 

 

9.323677

 

15.62

 

0.40

 

 

N/A

 

N/A

 

N/A

 

12/31/2022

 

150

 

19

 

0.00

 

 

8.064381

 

(16.57

)

0.40

 

 

N/A

 

N/A

 

N/A

 

12/31/2021+

 

 

 

0.00

 

 

9.666081

 

3.90

0.40

 

 

9.666081

 

3.90

0.40

 

JNL/AB Sustainable Global Thematic Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

1,882

 

178

 

0.00

 

 

10.504969

 

13.74

 

1.65

 

 

10.620857

 

14.49

 

1.00

 

12/31/2022+

 

929

 

100

 

0.00

 

 

9.235576

 

(7.64

)‡

1.65

 

 

9.276535

 

(7.23

)‡

1.00

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL Small Cap Index Fund - Class I - April 26, 2021; JNL/AB Sustainable Global Thematic Fund - Class A - April 25, 2022.

*

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 contract 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 the respective period end.

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. 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 period less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the 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. Expense Ratios for the years ended 12/31/2022 and after include only contract expense levels that had units issued or outstanding during the reporting period. For contracts with only one expense ratio, the ratio is presented only under the Highest Expense Ratio.

¥

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

Total return is calculated from the effective date 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.

113


                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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/AB Sustainable Global Thematic Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

83

 

8

 

0.00

 

 

10.778235

 

15.51

 

0.45

 

 

N/A

 

N/A

 

N/A

 

12/31/2022+

 

 

 

0.00

 

 

N/A

 

N/A

 

N/A

 

 

N/A

 

N/A

 

N/A

 

JNL/American Funds Balanced Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

193,175

 

8,924

 

0.00

 

 

16.732189

 

11.05

 

2.50

 

 

30.239257

 

13.85

 

0.00

 

12/31/2022

 

166,770

 

8,673

 

0.00

 

 

15.067650

 

(15.88

)‡

2.50

 

 

26.560432

 

(13.76

)

0.00

 

12/31/2021

 

183,225

 

8,122

 

0.00

 

 

12.943387

 

10.21

 

4.00

 

 

30.797812

 

14.71

 

0.00

 

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

 

JNL/American Funds Balanced Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

1,211

 

41

 

0.00

 

 

27.386202

 

13.44

 

0.65

 

 

29.055555

 

13.72

 

0.40

 

12/31/2022

 

1,053

 

41

 

0.00

 

 

24.141777

 

(14.02

)

0.65

 

 

25.549513

 

(13.81

)

0.40

 

12/31/2021

 

336

 

11

 

0.00

 

 

28.079692

 

14.34

 

0.65

 

 

29.643066

 

12.98

 

0.40

 

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

 

JNL/American Funds Bond Fund of America Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

18,219

 

2,048

 

0.00

 

 

8.748143

 

2.59

 

2.00

 

 

9.220063

 

4.65

 

0.00

 

12/31/2022

 

8,788

 

1,020

 

0.00

 

 

8.527509

 

(2.31

)‡

2.00

 

 

8.810060

 

(12.86

)

0.00

 

12/31/2021+

 

3,130

 

312

 

0.00

 

 

9.993349

 

0.03

1.70

 

 

10.110000

 

1.20

 

0.00

 

JNL/American Funds Bond Fund of America Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

675

 

74

 

0.00

 

 

9.138885

 

4.18

 

0.65

 

 

9.191075

 

4.44

0.40

 

12/31/2022

 

259

 

30

 

0.00

 

 

8.772561

 

(13.10

)

0.65

 

 

8.793283

 

(12.93

)‡

0.45

 

12/31/2021+

 

53

 

5

 

0.00

 

 

10.095262

 

(0.34

)‡

0.65

 

 

10.102394

 

1.13

0.40

 

JNL/American Funds Capital Income Builder Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

23,977

 

1,938

 

0.00

 

 

11.763279

 

6.14

 

2.25

 

 

13.209971

 

8.55

 

0.00

 

12/31/2022

 

20,560

 

1,780

 

0.00

 

 

11.083076

 

(9.57

)

2.25

 

 

12.169973

 

(7.52

)

0.00

 

12/31/2021

 

19,204

 

1,517

 

0.00

 

 

12.256597

 

11.99

 

2.25

 

 

13.159971

 

14.53

 

0.00

 

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

 

JNL/American Funds Capital Income Builder Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

221

 

17

 

0.00

 

 

12.869064

 

7.94

 

0.90

 

 

13.118562

 

8.43

 

0.45

 

12/31/2022

 

304

 

25

 

0.00

 

 

11.922299

 

(8.12

)

0.90

 

 

12.099051

 

(7.70

)‡

0.45

 

12/31/2021

 

326

 

25

 

0.00

 

 

12.975389

 

12.08

0.90

 

 

13.130922

 

12.89

 

0.40

 

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

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL/AB Sustainable Global Thematic Fund - Class I - April 25, 2022; JNL/American Funds Bond Fund of America Fund - Class A - April 26, 2021; JNL/American Funds Bond Fund of America Fund - Class I - April 26, 2021.

*

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 contract 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 the respective period end.

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. 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 period less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the 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. Expense Ratios for the years ended 12/31/2022 and after include only contract expense levels that had units issued or outstanding during the reporting period. For contracts with only one expense ratio, the ratio is presented only under the Highest Expense Ratio.

¥

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

Total return is calculated from the effective date 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.

114


                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 A

 

 

 

 

 

 

 

12/31/2023

 

21,557

 

2,333

 

0.00

 

 

8.513130

 

3.67

 

2.05

 

 

11.264249

 

5.81

 

0.00

 

12/31/2022

 

20,758

 

2,348

 

0.00

 

 

8.211454

 

(19.56

)‡

2.05

 

 

10.645230

 

(17.90

)

0.00

 

12/31/2021

 

26,076

 

2,386

 

0.00

 

 

9.343050

 

(7.95

)

2.81

 

 

12.966599

 

(5.33

)

0.00

 

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

 

JNL/American Funds Capital World Bond Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

187

 

18

 

0.00

 

 

10.680837

 

5.43

 

0.65

 

 

11.052291

 

5.68

 

0.40

 

12/31/2022

 

70

 

7

 

0.00

 

 

10.131218

 

(18.20

)

0.65

 

 

10.458125

 

(18.00

)

0.40

 

12/31/2021

 

61

 

5

 

0.00

 

 

12.385177

 

(5.63

)

0.65

 

 

12.753708

 

(2.38

)

0.40

 

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

 

JNL/American Funds Global Growth Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

66,941

 

2,870

 

0.00

 

 

21.587349

 

19.60

 

2.05

 

 

26.655140

 

22.06

 

0.00

 

12/31/2022

 

54,050

 

2,789

 

0.00

 

 

18.050361

 

(26.53

)

2.05

 

 

21.836866

 

(25.01

)

0.00

 

12/31/2021

 

69,136

 

2,638

 

0.00

 

 

24.567633

 

13.72

 

2.05

 

 

29.119537

 

16.08

 

0.00

 

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

 

JNL/American Funds Global Growth Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

1,056

 

42

 

0.00

 

 

25.565248

 

21.70

 

0.65

 

 

26.230970

 

22.01

 

0.40

 

12/31/2022

 

693

 

33

 

0.00

 

 

21.006375

 

(25.31

)

0.65

 

 

21.499720

 

(25.12

)

0.40

 

12/31/2021

 

1,384

 

50

 

0.00

 

 

28.123848

 

15.71

 

0.65

 

 

28.712720

 

8.42

 

0.40

 

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

 

JNL/American Funds Global Small Capitalization Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

41,522

 

2,196

 

0.00

 

 

17.403541

 

13.49

 

2.05

 

 

23.038355

 

15.84

 

0.00

 

12/31/2022

 

38,992

 

2,356

 

0.00

 

 

15.334585

 

(31.22

)‡

2.05

 

 

19.888860

 

(29.80

)

0.00

 

12/31/2021

 

57,235

 

2,394

 

0.00

 

 

21.018966

 

3.69

 

2.56

 

 

28.332960

 

6.38

 

0.00

 

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

 

JNL/American Funds Global Small Capitalization Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

190

 

8

 

0.00

 

 

21.813820

 

15.34

 

0.65

 

 

23.177544

 

15.57

 

0.45

 

12/31/2022

 

168

 

9

 

0.00

 

 

18.912667

 

(30.04

)

0.65

 

 

20.054968

 

(29.90

)‡

0.45

 

12/31/2021

 

244

 

9

 

0.00

 

 

27.033635

 

6.01

 

0.65

 

 

27.833578

 

0.52

 

0.40

 

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

 

JNL/American Funds Growth Allocation Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

222,497

 

10,204

 

0.00

 

 

19.676791

 

14.54

 

2.30

 

 

25.732553

 

17.20

 

0.00

 

12/31/2022

 

184,920

 

9,807

 

0.00

 

 

17.178743

 

(21.10

)‡

2.30

 

 

21.956353

 

(19.27

)

0.00

 

12/31/2021

 

230,946

 

9,747

 

0.00

 

 

18.115535

 

8.96

 

4.20

 

 

27.196997

 

13.64

 

0.00

 

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

 

 

  

 

 

*

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 contract 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 the respective period end.

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. 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 period less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the 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. Expense Ratios for the years ended 12/31/2022 and after include only contract expense levels that had units issued or outstanding during the reporting period. For contracts with only one expense ratio, the ratio is presented only under the Highest Expense Ratio.

¥

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

Total return is calculated from the effective date 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.

115


                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 Allocation Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

2,160

 

88

 

0.00

 

 

24.498250

 

16.82

 

0.65

 

 

25.037882

 

17.11

 

0.40

 

12/31/2022

 

1,855

 

88

 

0.00

 

 

20.970735

 

(19.57

)

0.65

 

 

21.379301

 

(19.37

)

0.40

 

12/31/2021

 

2,035

 

78

 

0.00

 

 

26.074637

 

13.23

 

0.65

 

 

26.516477

 

11.70

 

0.40

 

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

 

JNL/American Funds Growth Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

328,046

 

7,567

 

0.00

 

 

38.792921

 

34.90

 

2.30

 

 

51.003354

 

38.03

 

0.00

 

12/31/2022

 

222,669

 

6,994

 

0.00

 

 

28.755981

 

(31.74

)

2.30

 

 

36.949826

 

(30.15

)

0.00

 

12/31/2021

 

277,194

 

5,992

 

0.00

 

 

42.125778

 

18.84

 

2.30

 

 

52.901914

 

21.61

 

0.00

 

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

 

JNL/American Funds Growth Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

4,448

 

90

 

0.00

 

 

47.086792

 

37.22

 

0.90

 

 

49.974592

 

37.91

 

0.40

 

12/31/2022

 

2,594

 

73

 

0.00

 

 

34.313757

 

(30.57

)

0.90

 

 

36.237028

 

(30.22

)

0.40

 

12/31/2021

 

2,478

 

49

 

0.00

 

 

49.423738

 

14.28

0.90

 

 

51.934108

 

21.48

 

0.40

 

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

 

JNL/American Funds Growth-Income Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

581,323

 

16,382

 

0.00

 

 

31.385136

 

22.82

 

2.30

 

 

42.972066

 

25.67

 

0.00

 

12/31/2022

 

470,230

 

16,428

 

0.00

 

 

25.553940

 

(18.71

)‡

2.30

 

 

34.194782

 

(16.82

)

0.00

 

12/31/2021

 

580,445

 

16,625

 

0.00

 

 

29.653683

 

20.24

 

2.80

 

 

41.111171

 

23.65

 

0.00

 

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

 

JNL/American Funds Growth-Income Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

6,746

 

160

 

0.00

 

 

40.667007

 

25.24

 

0.65

 

 

42.080236

 

25.56

 

0.40

 

12/31/2022

 

5,679

 

168

 

0.00

 

 

32.470445

 

(17.11

)

0.65

 

 

33.515170

 

(16.91

)

0.40

 

12/31/2021

 

5,535

 

137

 

0.00

 

 

39.173843

 

23.21

 

0.65

 

 

40.333558

 

23.51

 

0.40

 

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

 

JNL/American Funds International Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

86,482

 

5,912

 

0.00

 

 

13.161835

 

12.84

 

2.20

 

 

17.771951

 

15.33

 

0.00

 

12/31/2022

 

77,130

 

5,998

 

0.00

 

 

11.664490

 

(22.80

)‡

2.20

 

 

15.409134

 

(21.08

)

0.00

 

12/31/2021

 

103,885

 

6,279

 

0.00

 

 

14.425179

 

(4.33

)

2.60

 

 

19.524271

 

(1.82

)

0.00

 

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

 

JNL/American Funds International Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

662

 

39

 

0.00

 

 

16.278611

 

14.74

 

0.90

 

 

17.429769

 

15.31

 

0.40

 

12/31/2022

 

451

 

31

 

0.00

 

 

14.187852

 

(21.58

)

0.90

 

 

15.115642

 

(21.19

)

0.40

 

12/31/2021

 

444

 

24

 

0.00

 

 

18.092265

 

(5.52

)‡

0.90

 

 

19.179451

 

(2.33

)

0.40

 

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

 

 

  

 

 

*

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 contract 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 the respective period end.

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. 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 period less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the 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. Expense Ratios for the years ended 12/31/2022 and after include only contract expense levels that had units issued or outstanding during the reporting period. For contracts with only one expense ratio, the ratio is presented only under the Highest Expense Ratio.

¥

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

Total return is calculated from the effective date 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.

116


                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 A

 

 

 

 

 

 

 

12/31/2023

 

146,856

 

8,100

 

0.00

 

 

16.434934

 

11.31

 

2.25

 

 

21.368118

 

13.83

 

0.00

 

12/31/2022

 

136,580

 

8,462

 

0.00

 

 

14.765343

 

(19.08

)‡

2.25

 

 

18.771415

 

(17.24

)

0.00

 

12/31/2021

 

172,640

 

8,736

 

0.00

 

 

15.108317

 

5.44

 

4.20

 

 

22.682125

 

9.96

 

0.00

 

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

 

JNL/American Funds Moderate Growth Allocation Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

1,721

 

83

 

0.00

 

 

20.344626

 

13.48

 

0.65

 

 

20.946986

 

13.76

 

0.40

 

12/31/2022

 

1,357

 

75

 

0.00

 

 

17.928349

 

(17.51

)

0.65

 

 

18.413210

 

(17.31

)

0.40

 

12/31/2021

 

1,471

 

67

 

0.00

 

 

21.734835

 

9.55

 

0.65

 

 

22.267041

 

6.25

 

0.40

 

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

 

JNL/American Funds New World Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

80,882

 

5,136

 

0.00

 

 

14.534025

 

13.12

2.05

 

 

19.232630

 

15.46

 

0.00

 

12/31/2022

 

74,098

 

5,361

 

0.00

 

 

12.527637

 

(24.14

)‡

2.25

 

 

16.657472

 

(22.42

)

0.00

 

12/31/2021

 

99,269

 

5,492

 

0.00

 

 

11.301153

 

(1.13

)

5.50

 

 

21.471421

 

4.46

 

0.00

 

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

 

JNL/American Funds New World Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

1,061

 

56

 

0.00

 

 

18.217456

 

15.06

 

0.65

 

 

18.850240

 

15.34

 

0.40

 

12/31/2022

 

915

 

56

 

0.00

 

 

15.833631

 

(22.71

)

0.65

 

 

16.342807

 

(22.51

)

0.40

 

12/31/2021

 

783

 

37

 

0.00

 

 

20.485249

 

4.10

 

0.65

 

 

21.091399

 

2.38

 

0.40

 

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

 

JNL/American Funds Washington Mutual Investors Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

269,883

 

8,665

 

0.00

 

 

27.950185

 

14.27

 

2.30

 

 

38.267043

 

16.92

 

0.00

 

12/31/2022

 

248,659

 

9,206

 

0.00

 

 

24.460589

 

(10.96

)‡

2.30

 

 

32.730059

 

(8.90

)

0.00

 

12/31/2021

 

280,940

 

9,337

 

0.00

 

 

26.966013

 

24.22

 

2.46

 

 

35.926057

 

27.31

 

0.00

 

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

 

JNL/American Funds Washington Mutual Investors Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

1,136

 

30

 

0.00

 

 

35.006712

 

16.20

 

0.90

 

 

37.483068

 

16.78

 

0.40

 

12/31/2022

 

852

 

26

 

0.00

 

 

30.125690

 

(9.45

)

0.90

 

 

32.096252

 

(9.00

)

0.40

 

12/31/2021

 

1,126

 

32

 

0.00

 

 

33.270710

 

26.56

 

0.90

 

 

35.270583

 

27.19

 

0.40

 

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

 

JNL/AQR Large Cap Defensive Style Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

37,345

 

2,706

 

0.00

 

 

13.295049

 

8.06

 

2.30

 

 

14.749992

 

10.57

 

0.00

 

12/31/2022

 

37,073

 

2,927

 

0.00

 

 

12.303039

 

(10.64

)

2.30

 

 

13.339990

 

(8.57

)

0.00

 

12/31/2021

 

41,826

 

2,975

 

0.00

 

 

13.768132

 

19.22

 

2.30

 

 

14.589997

 

21.99

 

0.00

 

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

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL/AQR Large Cap Defensive Style 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 contract 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 the respective period end.

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. 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 period less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the 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. Expense Ratios for the years ended 12/31/2022 and after include only contract expense levels that had units issued or outstanding during the reporting period. For contracts with only one expense ratio, the ratio is presented only under the Highest Expense Ratio.

¥

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

Total return is calculated from the effective date 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.

117


                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 Large Cap Defensive Style Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

98

 

7

 

0.00

 

 

14.517414

 

10.19

 

0.65

 

 

14.649351

 

10.41

 

0.45

 

12/31/2022

 

88

 

7

 

0.00

 

 

13.174995

 

(8.89

)

0.65

 

 

13.268339

 

(8.71

)‡

0.45

 

12/31/2021

 

50

 

3

 

0.00

 

 

14.460791

 

4.17

0.65

 

 

14.552379

 

24.68

 

0.40

 

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/Baillie Gifford International Growth Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

62,796

 

5,553

 

0.00

 

 

10.870141

 

11.35

 

2.05

 

 

12.185145

 

13.65

 

0.00

 

12/31/2022

 

58,675

 

5,816

 

0.42

 

 

9.762138

 

(38.50

)‡

2.05

 

 

10.721682

 

(37.23

)

0.00

 

12/31/2021

 

94,547

 

5,796

 

0.00

 

 

15.690229

 

(9.11

)

2.32

 

 

17.080058

 

(6.97

)

0.00

 

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

 

JNL/Baillie Gifford International Growth Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

1,004

 

83

 

0.00

 

 

12.090313

 

13.36

 

0.65

 

 

12.281054

 

13.64

 

0.40

 

12/31/2022

 

781

 

73

 

0.76

 

 

10.665731

 

(37.47

)‡

0.65

 

 

10.807017

 

(37.31

)

0.40

 

12/31/2021

 

1,649

 

97

 

0.00

 

 

16.875010

 

(7.53

)

0.90

 

 

17.238817

 

(7.06

)

0.40

 

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

 

JNL/Baillie Gifford U.S. Equity Growth Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

879

 

157

 

0.00

 

 

5.541460

 

44.00

1.25

 

 

5.730027

 

45.80

0.00

 

12/31/2022

 

472

 

122

 

0.00

 

 

3.851607

 

(56.27

)

1.20

 

 

3.874299

 

(56.12

)‡

0.85

 

12/31/2021+

 

1,604

 

182

 

0.00

 

 

8.807601

 

(13.96

)‡

1.20

 

 

8.880000

 

(11.20

)

0.00

 

JNL/BlackRock Global Allocation Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

142,788

 

8,684

 

0.00

 

 

14.613789

 

11.37

 

2.30

 

 

19.806487

 

13.96

0.00

 

12/31/2022

 

139,823

 

9,553

 

0.00

 

 

13.121414

 

(17.46

)‡

2.30

 

 

16.960349

 

(9.29

)‡

0.20

 

12/31/2021

 

184,379

 

10,486

 

0.00

 

 

15.440094

 

4.59

 

2.56

 

 

20.578955

 

7.30

 

0.00

 

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

 

JNL/BlackRock Global Allocation Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

294

 

16

 

0.00

 

 

18.781957

 

13.61

 

0.65

 

 

19.898781

 

13.84

 

0.45

 

12/31/2022

 

166

 

10

 

0.00

 

 

16.531244

 

(15.87

)

0.65

 

 

17.479343

 

(15.70

)‡

0.45

 

12/31/2021

 

133

 

7

 

0.00

 

 

19.649532

 

6.99

 

0.65

 

 

20.208759

 

6.73

 

0.40

 

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

 

JNL/BlackRock Global Natural Resources Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

61,813

 

5,319

 

0.00

 

 

9.935026

 

(3.87

)

2.30

 

 

14.682834

 

(1.61

)

0.00

 

12/31/2022

 

89,660

 

7,489

 

0.00

 

 

10.335396

 

14.99

2.30

 

 

14.922780

 

17.66

 

0.00

 

12/31/2021

 

59,655

 

5,772

 

0.00

 

 

8.025216

 

26.65

 

3.06

 

 

12.683225

 

30.59

 

0.00

 

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

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL/AQR Large Cap Defensive Style Fund - Class I - June 24, 2019; JNL/Baillie Gifford U.S. Equity Growth Fund - Class A - April 26, 2021.

*

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 contract 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 the respective period end.

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. 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 period less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the 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. Expense Ratios for the years ended 12/31/2022 and after include only contract expense levels that had units issued or outstanding during the reporting period. For contracts with only one expense ratio, the ratio is presented only under the Highest Expense Ratio.

¥

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

Total return is calculated from the effective date 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.

118


                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 Global Natural Resources Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

330

 

23

 

0.00

 

 

13.680737

 

(1.99

)

0.65

 

 

14.273962

 

(1.74

)‡

0.40

 

12/31/2022

 

313

 

22

 

0.00

 

 

13.958200

 

17.41

 

0.65

 

 

14.412417

 

17.64

0.45

 

12/31/2021

 

55

 

5

 

0.00

 

 

11.888426

 

(0.39

)‡

0.65

 

 

12.341663

 

18.09

 

0.40

 

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

 

JNL/BlackRock Large Cap Select Growth Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

316,499

 

2,985

 

0.00

 

 

76.974518

 

45.87

 

2.60

 

 

162.084757

 

49.70

 

0.00

 

12/31/2022

 

221,630

 

3,092

 

0.00

 

 

52.769937

 

(39.47

)‡

2.60

 

 

108.273468

 

(37.88

)

0.00

 

12/31/2021

 

392,192

 

3,349

 

0.00

 

 

79.426966

 

16.95

 

2.95

 

 

174.288237

 

20.45

 

0.00

 

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

 

JNL/BlackRock Large Cap Select Growth Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

3,082

 

20

 

0.00

 

 

144.767525

 

49.16

 

0.65

 

 

155.513349

 

49.53

 

0.40

 

12/31/2022

 

2,060

 

19

 

0.00

 

 

97.053870

 

(38.09

)

0.65

 

 

103.998426

 

(37.93

)

0.40

 

12/31/2021

 

3,274

 

19

 

0.00

 

 

156.760571

 

20.02

 

0.65

 

 

167.559082

 

20.32

 

0.40

 

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

 

JNL/Causeway International Value Select Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

59,511

 

2,976

 

1.58

 

 

14.814685

 

25.07

 

2.60

 

 

29.006036

 

28.35

 

0.00

 

12/31/2022

 

40,809

 

2,591

 

1.33

 

 

11.845475

 

(9.43

)‡

2.60

 

 

22.598956

 

(7.05

)

0.00

 

12/31/2021

 

45,963

 

2,675

 

1.32

 

 

10.136400

 

4.59

 

3.67

 

 

24.312772

 

8.50

 

0.00

 

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

 

JNL/Causeway International Value Select Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

638

 

22

 

1.47

 

 

26.010370

 

8.07

0.65

 

 

27.746387

 

28.28

 

0.40

 

12/31/2022

 

409

 

18

 

2.24

 

 

23.330711

 

(7.16

)

0.45

 

 

21.629506

 

(7.11

)

0.40

 

12/31/2021

 

190

 

8

 

2.36

 

 

25.129735

 

8.28

 

0.45

 

 

23.285738

 

4.84

 

0.40

 

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

 

JNL/ClearBridge Large Cap Growth Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

71,382

 

3,534

 

0.00

 

 

19.348409

 

41.62

 

2.05

 

 

21.997858

 

44.55

 

0.00

 

12/31/2022

 

41,703

 

2,946

 

0.00

 

 

13.662032

 

(33.87

)‡

2.05

 

 

15.218522

 

(32.51

)

0.00

 

12/31/2021

 

61,255

 

2,880

 

0.00

 

 

20.303137

 

18.23

 

2.46

 

 

22.547822

 

21.17

 

0.00

 

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

 

JNL/ClearBridge Large Cap Growth Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

1,427

 

66

 

0.00

 

 

21.181752

 

43.75

 

0.90

 

 

21.855793

 

44.47

 

0.40

 

12/31/2022

 

848

 

57

 

0.00

 

 

14.734879

 

(22.39

)‡

0.90

 

 

15.128147

 

(32.60

)

0.40

 

12/31/2021

 

1,205

 

54

 

0.00

 

 

22.206057

 

20.78

 

0.65

 

 

22.443750

 

21.08

 

0.40

 

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

 

 

  

 

 

*

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 contract 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 the respective period end.

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. 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 period less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the 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. Expense Ratios for the years ended 12/31/2022 and after include only contract expense levels that had units issued or outstanding during the reporting period. For contracts with only one expense ratio, the ratio is presented only under the Highest Expense Ratio.

¥

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

Total return is calculated from the effective date 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.

119


                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 International Core Equity Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

19,765

 

1,605

 

1.91

 

 

11.967846

 

13.31

 

2.00

 

 

13.099609

 

15.59

 

0.00

 

12/31/2022

 

14,943

 

1,384

 

1.50

 

 

10.562257

 

(13.78

)

2.00

 

 

11.332787

 

(12.05

)

0.00

 

12/31/2021

 

7,135

 

572

 

2.11

 

 

12.250928

 

(1.48

)‡

2.00

 

 

12.885069

 

11.33

 

0.00

 

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

 

 

 

 

 

 

 

12/31/2023

 

653

 

50

 

1.66

 

 

12.921948

 

15.21

0.65

 

 

13.068941

 

15.50

 

0.40

 

12/31/2022

 

590

 

52

 

1.72

 

 

11.117831

 

(12.45

)

0.90

 

 

11.315362

 

(12.01

)

0.40

 

12/31/2021

 

573

 

45

 

3.28

 

 

12.698518

 

2.42

0.90

 

 

12.859753

 

8.62

 

0.40

 

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 U.S. Core Equity Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

72,292

 

1,271

 

0.00

 

 

47.890693

 

19.80

 

2.05

 

 

83.790941

 

22.27

 

0.00

 

12/31/2022

 

68,922

 

1,460

 

0.00

 

 

39.976344

 

(17.31

)‡

2.05

 

 

68.527878

 

(15.60

)

0.00

 

12/31/2021

 

83,269

 

1,466

 

0.00

 

 

33.968087

 

22.58

 

3.45

 

 

81.195190

 

26.88

 

0.00

 

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

 

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

 

 

 

 

 

 

 

12/31/2023

 

894

 

11

 

0.00

 

 

74.884022

 

21.92

 

0.65

 

 

80.172762

 

22.22

 

0.40

 

12/31/2022

 

727

 

10

 

0.00

 

 

61.420846

 

(15.85

)

0.65

 

 

65.594978

 

(15.64

)

0.40

 

12/31/2021

 

374

 

5

 

0.00

 

 

72.989318

 

26.50

 

0.65

 

 

77.755292

 

21.08

 

0.40

 

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

 

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

 

 

 

 

 

 

 

12/31/2023

 

37,307

 

1,453

 

0.00

 

 

23.228345

 

14.12

 

2.25

 

 

29.955585

 

16.72

 

0.00

 

12/31/2022

 

31,654

 

1,421

 

0.00

 

 

20.353566

 

(15.66

)

2.25

 

 

25.665513

 

(13.75

)

0.00

 

12/31/2021

 

35,942

 

1,374

 

0.00

 

 

24.132662

 

24.62

 

2.25

 

 

29.755978

 

27.46

 

0.00

 

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

 

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

 

 

 

 

 

 

 

12/31/2023

 

2,166

 

97

 

0.00

 

 

27.858340

 

16.07

 

0.90

 

 

29.479026

 

16.65

 

0.40

 

12/31/2022

 

1,927

 

95

 

0.00

 

 

24.001552

 

(7.79

)‡

0.90

 

 

25.271537

 

(13.82

)

0.40

 

12/31/2021

 

1,777

 

72

 

0.00

 

 

28.649645

 

6.55

0.65

 

 

29.324813

 

27.50

 

0.40

 

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

 

JNL/DoubleLine Core Fixed Income Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

141,142

 

7,171

 

0.00

 

 

15.104461

 

3.47

2.45

 

 

28.438733

 

6.03

 

0.00

 

12/31/2022

 

138,620

 

7,358

 

0.00

 

 

14.417786

 

(15.42

)‡

2.50

 

 

26.822639

 

(13.28

)

0.00

 

12/31/2021

 

183,133

 

8,312

 

0.00

 

 

8.331673

 

(5.76

)

5.50

 

 

30.930218

 

(0.43

)

0.00

 

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

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL/DFA International Core Equity Fund - Class A - June 24, 2019; JNL/DFA International Core Equity Fund - Class I - 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 contract 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 the respective period end.

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. 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 period less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the 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. Expense Ratios for the years ended 12/31/2022 and after include only contract expense levels that had units issued or outstanding during the reporting period. For contracts with only one expense ratio, the ratio is presented only under the Highest Expense Ratio.

¥

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

Total return is calculated from the effective date 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.

120


                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 Core Fixed Income Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

1,256

 

46

 

0.00

 

 

25.474533

 

5.68

 

0.65

 

 

27.174254

 

5.95

 

0.40

 

12/31/2022

 

1,158

 

44

 

0.00

 

 

24.104754

 

(13.58

)

0.65

 

 

25.649084

 

(13.36

)

0.40

 

12/31/2021

 

1,412

 

47

 

0.00

 

 

27.892366

 

(0.78

)

0.65

 

 

29.605447

 

0.54

 

0.40

 

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

 

JNL/DoubleLine Emerging Markets Fixed Income Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

9,540

 

895

 

0.00

 

 

9.846326

 

6.91

 

2.30

 

 

11.752804

 

9.39

 

0.00

 

12/31/2022

 

9,182

 

932

 

0.00

 

 

9.209604

 

(16.99

)

2.30

 

 

10.744227

 

(15.05

)

0.00

 

12/31/2021

 

11,564

 

985

 

0.00

 

 

11.095122

 

(1.55

)

2.30

 

 

12.648119

 

0.74

 

0.00

 

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

 

JNL/DoubleLine Emerging Markets Fixed Income Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

37

 

4

 

0.00

 

 

11.498029

 

9.24

 

0.45

 

 

N/A

 

N/A

 

N/A

 

12/31/2022

 

44

 

5

 

0.00

 

 

10.525570

 

(15.16

)

0.45

 

 

N/A

 

N/A

 

N/A

 

12/31/2021

 

52

 

5

 

0.00

 

 

12.406359

 

0.54

 

0.45

 

 

12.524472

 

0.65

 

0.40

 

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

 

JNL/DoubleLine Shiller Enhanced CAPE Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

127,795

 

5,093

 

0.00

 

 

23.262685

 

24.48

 

2.30

 

 

28.124969

 

27.36

 

0.00

 

12/31/2022

 

107,556

 

5,383

 

0.00

 

 

18.688144

 

(25.43

)‡

2.30

 

 

22.082498

 

(23.70

)

0.00

 

12/31/2021

 

150,268

 

5,658

 

0.00

 

 

25.030202

 

21.16

 

2.32

 

 

28.942835

 

24.01

 

0.00

 

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

 

JNL/DoubleLine Shiller Enhanced CAPE Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

1,294

 

49

 

0.00

 

 

27.246606

 

26.98

 

0.65

 

 

27.814348

 

27.30

 

0.40

 

12/31/2022

 

1,104

 

53

 

0.00

 

 

21.457038

 

(23.98

)

0.65

 

 

21.849593

 

(23.79

)

0.40

 

12/31/2021

 

1,822

 

66

 

0.00

 

 

28.226271

 

23.58

 

0.65

 

 

28.671103

 

23.89

 

0.40

 

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

 

JNL/DoubleLine Total Return Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

72,959

 

7,212

 

0.00

 

 

9.120981

 

2.70

 

2.30

 

 

11.553341

 

5.09

 

0.00

 

12/31/2022

 

74,621

 

7,658

 

0.00

 

 

8.881450

 

(15.00

)‡

2.30

 

 

10.993773

 

(13.02

)

0.00

 

12/31/2021

 

92,246

 

8,129

 

0.00

 

 

10.307562

 

(2.85

)

2.46

 

 

12.639544

 

(0.43

)

0.00

 

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

 

JNL/DoubleLine Total Return Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

1,209

 

111

 

0.00

 

 

10.792944

 

4.49

 

0.90

 

 

11.299951

 

5.01

 

0.40

 

12/31/2022

 

846

 

82

 

0.00

 

 

10.329411

 

(10.98

)‡

0.90

 

 

10.760846

 

(13.09

)

0.40

 

12/31/2021

 

873

 

73

 

0.00

 

 

12.195817

 

(0.82

)

0.65

 

 

12.382301

 

0.09

 

0.40

 

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

 

 

  

 

 

*

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 contract 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 the respective period end.

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. 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 period less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the 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. Expense Ratios for the years ended 12/31/2022 and after include only contract expense levels that had units issued or outstanding during the reporting period. For contracts with only one expense ratio, the ratio is presented only under the Highest Expense Ratio.

¥

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

Total return is calculated from the effective date 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.

121


                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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/Fidelity Institutional Asset Management Total Bond Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

50,555

 

1,993

 

0.00

 

 

17.258394

 

3.86

 

2.80

 

 

38.473596

 

6.80

 

0.00

 

12/31/2022

 

50,179

 

2,087

 

0.00

 

 

16.617492

 

(15.92

)‡

2.80

 

 

36.024689

 

(13.53

)

0.00

 

12/31/2021

 

67,448

 

2,392

 

0.00

 

 

17.297725

 

(3.92

)

3.30

 

 

41.663613

 

(0.69

)

0.00

 

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

 

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

 

 

 

 

 

 

 

12/31/2023

 

1,638

 

45

 

0.00

 

 

34.004946

 

6.36

 

0.65

 

 

36.528804

 

6.62

0.40

 

12/31/2022

 

154

 

4

 

0.00

 

 

31.972277

 

(13.84

)

0.65

 

 

37.370195

 

(13.67

)‡

0.45

 

12/31/2021

 

68

 

2

 

0.00

 

 

37.109449

 

(1.02

)

0.65

 

 

39.665271

 

(0.77

)

0.40

 

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

 

JNL/First Sentier Global Infrastructure Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

53,733

 

3,047

 

0.00

 

 

16.260228

 

0.68

 

2.10

 

 

20.939464

 

2.81

 

0.00

 

12/31/2022

 

57,802

 

3,321

 

0.00

 

 

16.150464

 

(6.00

)‡

2.10

 

 

20.367530

 

(4.01

)

0.00

 

12/31/2021

 

63,374

 

3,442

 

0.00

 

 

16.568328

 

10.21

 

2.46

 

 

21.219206

 

12.95

 

0.00

 

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

 

JNL/First Sentier Global Infrastructure Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

236

 

11

 

0.00

 

 

19.950759

 

2.45

 

0.65

 

 

20.561269

 

2.70

 

0.40

 

12/31/2022

 

234

 

12

 

0.00

 

 

19.474488

 

(8.23

)‡

0.65

 

 

20.020355

 

(4.11

)

0.40

 

12/31/2021

 

30

 

1

 

0.00

 

 

21.323786

 

12.82

 

0.45

 

 

20.879363

 

15.68

 

0.40

 

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

 

JNL/Franklin Templeton Income Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

130,371

 

6,805

 

0.00

 

 

16.095791

 

5.63

 

2.40

 

 

24.596169

 

8.19

 

0.00

 

12/31/2022

 

131,481

 

7,326

 

0.00

 

 

15.238479

 

(6.68

)‡

2.40

 

 

22.735120

 

(4.42

)

0.00

 

12/31/2021

 

142,949

 

7,509

 

0.00

 

 

14.726643

 

11.30

 

3.06

 

 

23.786990

 

14.75

 

0.00

 

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

 

JNL/Franklin Templeton Income Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

541

 

23

 

0.00

 

 

22.851987

 

7.84

 

0.65

 

 

24.919814

 

8.06

 

0.45

 

12/31/2022

 

510

 

24

 

0.00

 

 

21.190518

 

(4.85

)

0.65

 

 

23.061943

 

(4.66

)‡

0.45

 

12/31/2021

 

250

 

11

 

0.00

 

 

22.270674

 

14.44

 

0.65

 

 

23.160671

 

12.52

 

0.40

 

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

 

JNL/Goldman Sachs 4 Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

412,019

 

11,384

 

0.00

 

 

30.298800

 

11.59

 

2.50

 

 

45.289000

 

14.42

 

0.00

 

12/31/2022

 

410,258

 

12,795

 

0.00

 

 

27.150826

 

(13.11

)‡

2.50

 

 

39.581954

 

(10.92

)

0.00

 

12/31/2021

 

514,277

 

14,092

 

0.00

 

 

29.332418

 

31.54

 

2.95

 

 

44.436221

 

35.48

 

0.00

 

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

 

 

  

 

 

*

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 contract 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 the respective period end.

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. 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 period less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the 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. Expense Ratios for the years ended 12/31/2022 and after include only contract expense levels that had units issued or outstanding during the reporting period. For contracts with only one expense ratio, the ratio is presented only under the Highest Expense Ratio.

¥

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

Total return is calculated from the effective date 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.

122


                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 4 Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

1,371

 

40

 

0.00

 

 

42.127957

 

14.04

 

0.65

 

 

43.267218

 

14.33

0.40

 

12/31/2022

 

1,171

 

39

 

0.00

 

 

36.940516

 

(11.27

)

0.65

 

 

29.923007

 

(11.10

)‡

0.45

 

12/31/2021

 

1,409

 

42

 

0.00

 

 

41.634247

 

17.29

0.65

 

 

42.547273

 

26.65

 

0.40

 

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

 

JNL/Goldman Sachs Managed Aggressive Growth Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

162,554

 

4,443

 

0.00

 

 

28.318689

 

19.24

 

2.45

 

 

43.314928

 

13.05

0.85

 

12/31/2022

 

143,094

 

4,714

 

0.00

 

 

23.748977

 

(24.17

)‡

2.45

 

 

34.448207

 

(22.92

)‡

1.00

 

12/31/2021

 

200,140

 

5,051

 

0.00

 

 

24.869809

 

12.36

 

3.47

 

 

52.777156

 

15.97

 

0.30

 

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

 

JNL/Goldman Sachs Managed Aggressive Growth Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

1,253

 

31

 

0.00

 

 

47.730129

 

21.78

 

0.65

 

 

50.902064

 

22.08

 

0.40

 

12/31/2022

 

1,048

 

31

 

0.00

 

 

39.194162

 

(22.45

)

0.65

 

 

41.694733

 

(22.26

)

0.40

 

12/31/2021

 

1,462

 

33

 

0.00

 

 

50.541557

 

15.94

 

0.65

 

 

53.632148

 

11.25

 

0.40

 

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

 

JNL/Goldman Sachs Managed Conservative Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

64,149

 

4,315

 

0.00

 

 

12.753152

 

6.08

 

2.30

 

 

16.375786

 

7.48

 

1.00

 

12/31/2022

 

67,364

 

4,849

 

0.00

 

 

12.022065

 

(16.54

)‡

2.30

 

 

15.236716

 

(6.36

)‡

1.00

 

12/31/2021

 

90,845

 

5,501

 

0.00

 

 

12.944360

 

0.74

 

2.92

 

 

20.335427

 

3.41

 

0.30

 

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

 

JNL/Goldman Sachs Managed Conservative Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

 

 

0.00

 

 

N/A

 

N/A

 

N/A

 

 

N/A

 

N/A

 

N/A

 

12/31/2022

 

 

 

0.00

 

 

N/A

 

N/A

 

N/A

 

 

N/A

 

N/A

 

N/A

 

12/31/2021

 

 

 

0.00

 

 

16.294187

 

3.67

 

0.45

 

 

16.294187

 

3.67

 

0.45

 

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

 

JNL/Goldman Sachs Managed Growth Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

325,054

 

9,442

 

0.00

 

 

26.967066

 

17.14

 

2.45

 

 

40.698403

 

4.41

0.85

 

12/31/2022

 

305,184

 

10,486

 

0.00

 

 

23.020247

 

(23.04

)‡

2.45

 

 

32.945756

 

(21.92

)‡

1.00

 

12/31/2021

 

433,512

 

11,565

 

0.00

 

 

19.736587

 

9.76

 

4.20

 

 

49.828851

 

14.12

 

0.30

 

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

 

JNL/Goldman Sachs Managed Growth Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

842

 

30

 

0.00

 

 

28.126891

 

19.90

 

0.45

 

 

N/A

 

N/A

 

N/A

 

12/31/2022

 

724

 

31

 

0.00

 

 

23.458227

 

(21.26

)

0.45

 

 

N/A

 

N/A

 

N/A

 

12/31/2021

 

782

 

26

 

0.00

 

 

29.793113

 

14.30

 

0.45

 

 

29.793113

 

14.30

 

0.45

 

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

 

 

  

 

 

*

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 contract 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 the respective period end.

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. 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 period less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the 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. Expense Ratios for the years ended 12/31/2022 and after include only contract expense levels that had units issued or outstanding during the reporting period. For contracts with only one expense ratio, the ratio is presented only under the Highest Expense Ratio.

¥

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

Total return is calculated from the effective date 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.

123


                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

165,501

 

8,669

 

0.00

 

 

15.854040

 

9.43

 

2.45

 

 

20.953218

 

11.02

 

1.00

 

12/31/2022

 

172,701

 

9,995

 

0.00

 

 

14.487998

 

(18.53

)‡

2.45

 

 

18.872918

 

(7.29

)‡

1.00

 

12/31/2021

 

235,900

 

11,236

 

0.00

 

 

13.146773

 

2.37

 

4.20

 

 

25.763040

 

6.44

 

0.30

 

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

 

JNL/Goldman Sachs Managed Moderate Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

56

 

3

 

0.00

 

 

19.045848

 

12.02

 

0.45

 

 

N/A

 

N/A

 

N/A

 

12/31/2022

 

51

 

3

 

0.00

 

 

17.002533

 

(16.63

)

0.45

 

 

N/A

 

N/A

 

N/A

 

12/31/2021

 

62

 

3

 

0.00

 

 

20.394752

 

6.57

 

0.45

 

 

20.394752

 

6.57

 

0.45

 

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

 

JNL/Goldman Sachs Managed Moderate Growth Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

312,823

 

11,165

 

0.00

 

 

21.844900

 

13.25

 

2.45

 

 

32.967426

 

7.17

0.85

 

12/31/2022

 

305,297

 

12,468

 

0.00

 

 

19.288951

 

(20.90

)‡

2.45

 

 

27.605306

 

(8.38

)‡

1.00

 

12/31/2021

 

422,084

 

13,770

 

0.00

 

 

11.817307

 

4.92

 

5.50

 

 

40.620500

 

10.52

 

0.30

 

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

 

JNL/Goldman Sachs Managed Moderate Growth Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

52

 

1

 

0.00

 

 

36.338871

 

15.61

 

0.65

 

 

23.712543

 

15.84

0.45

 

12/31/2022

 

106

 

4

 

0.00

 

 

31.431584

 

(19.22

)

0.65

 

 

33.436590

 

(19.02

)

0.40

 

12/31/2021

 

1,147

 

29

 

0.00

 

 

38.911015

 

10.45

 

0.65

 

 

41.290099

 

8.69

 

0.40

 

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

 

JNL/GQG Emerging Markets Equity Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

31,242

 

2,401

 

0.00

 

 

12.278134

 

26.02

 

2.30

 

 

14.179944

 

28.95

 

0.00

 

12/31/2022

 

22,345

 

2,184

 

0.00

 

 

9.742667

 

(23.67

)

2.30

 

 

10.996485

 

(21.90

)

0.00

 

12/31/2021

 

18,141

 

1,365

 

0.00

 

 

12.763386

 

(4.52

)

2.30

 

 

14.079518

 

(2.30

)

0.00

 

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

 

JNL/GQG Emerging Markets Equity Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

477

 

34

 

0.00

 

 

13.879515

 

28.46

 

0.65

 

 

14.098006

 

28.78

 

0.40

 

12/31/2022

 

434

 

40

 

0.00

 

 

10.804943

 

(22.13

)

0.65

 

 

10.947737

 

(21.93

)

0.40

 

12/31/2021

 

425

 

30

 

0.00

 

 

13.875324

 

(2.64

)

0.65

 

 

14.023294

 

(9.42

)

0.40

 

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

 

JNL/Harris Oakmark Global Equity Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

25,929

 

1,782

 

1.34

 

 

13.676335

 

17.63

2.00

 

 

16.267983

 

19.99

 

0.00

 

12/31/2022

 

23,171

 

1,884

 

0.42

 

 

11.582532

 

(17.69

)‡

2.05

 

 

13.557246

 

(15.99

)

0.00

 

12/31/2021

 

36,384

 

2,460

 

0.99

 

 

13.691651

 

14.99

 

2.46

 

 

16.137922

 

17.85

 

0.00

 

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

 

 

  

 

 

*

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 contract 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 the respective period end.

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. 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 period less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the 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. Expense Ratios for the years ended 12/31/2022 and after include only contract expense levels that had units issued or outstanding during the reporting period. For contracts with only one expense ratio, the ratio is presented only under the Highest Expense Ratio.

¥

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

Total return is calculated from the effective date 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.

124


                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

12/31/2023

 

383

 

25

 

1.82

 

 

15.720216

 

19.67

 

0.65

 

 

15.558405

 

19.91

 

0.45

 

12/31/2022

 

317

 

24

 

0.93

 

 

13.136167

 

(16.33

)

0.65

 

 

12.975037

 

(16.16

)‡

0.45

 

12/31/2021

 

310

 

20

 

1.32

 

 

15.699805

 

17.38

 

0.65

 

 

15.911004

 

9.47

 

0.40

 

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

 

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

 

 

 

 

 

 

 

12/31/2023

 

8,290

 

675

 

2.14

 

 

11.851816

 

7.44

 

2.05

 

 

13.232980

 

9.66

 

0.00

 

12/31/2022

 

7,447

 

656

 

1.09

 

 

11.031411

 

(27.25

)

2.05

 

 

12.067727

 

(25.74

)

0.00

 

12/31/2021

 

9,118

 

589

 

1.38

 

 

15.162707

 

41.21

 

2.05

 

 

16.251482

 

44.13

 

0.00

 

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

 

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

 

 

 

 

 

 

 

12/31/2023

 

177

 

13

 

2.71

 

 

12.974895

 

9.18

 

0.65

 

 

13.150594

 

9.45

 

0.40

 

12/31/2022

 

179

 

15

 

1.20

 

 

11.883795

 

(25.40

)‡

0.65

 

 

12.014757

 

(25.84

)

0.40

 

12/31/2021

 

196

 

12

 

0.94

 

 

16.174911

 

44.00

 

0.45

 

 

16.202132

 

39.54

 

0.40

 

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

 

JNL/Invesco Diversified Dividend Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

28,924

 

2,089

 

0.00

 

 

13.254815

 

6.34

 

2.05

 

 

15.070015

 

8.54

 

0.00

 

12/31/2022

 

29,037

 

2,247

 

0.00

 

 

12.464433

 

(3.95

)

2.05

 

 

13.884610

 

(1.97

)

0.00

 

12/31/2021

 

15,194

 

1,135

 

0.00

 

 

12.976893

 

16.25

 

2.05

 

 

14.162964

 

18.65

 

0.00

 

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

 

JNL/Invesco Diversified Dividend Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

41

 

3

 

0.00

 

 

14.758390

 

8.21

 

0.65

 

 

14.944694

 

8.43

 

0.45

 

12/31/2022

 

36

 

3

 

0.00

 

 

13.638096

 

(2.36

)

0.65

 

 

13.782754

 

(2.16

)‡

0.45

 

12/31/2021

 

7

 

1

 

0.00

 

 

13.967538

 

2.78

0.65

 

 

14.117403

 

17.07

 

0.40

 

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

 

JNL/Invesco Global Growth Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

105,482

 

2,977

 

0.00

 

 

27.559665

 

31.08

 

2.60

 

 

49.690932

 

34.52

0.00

 

12/31/2022

 

85,598

 

3,206

 

0.00

 

 

21.025704

 

(33.93

)‡

2.60

 

 

34.613868

 

(32.40

)

0.30

 

12/31/2021

 

146,680

 

3,664

 

0.00

 

 

27.540495

 

11.63

 

3.30

 

 

51.200643

 

15.03

 

0.30

 

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

 

JNL/Invesco Global Growth Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

445

 

9

 

0.00

 

 

45.155154

 

34.10

 

0.65

 

 

50.872066

 

34.36

 

0.45

 

12/31/2022

 

279

 

8

 

0.00

 

 

33.673519

 

(32.46

)‡

0.65

 

 

37.861207

 

(32.33

)‡

0.45

 

12/31/2021

 

588

 

11

 

0.00

 

 

47.345935

 

14.69

 

0.90

 

 

52.503191

 

13.99

 

0.40

 

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

 

 

  

 

 

*

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 contract 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 the respective period end.

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. 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 period less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the 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. Expense Ratios for the years ended 12/31/2022 and after include only contract expense levels that had units issued or outstanding during the reporting period. For contracts with only one expense ratio, the ratio is presented only under the Highest Expense Ratio.

¥

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

Total return is calculated from the effective date 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.

125


                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 Small Cap Growth Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

137,538

 

3,223

 

0.00

 

 

35.824239

 

9.65

 

2.20

 

 

58.330503

 

12.08

 

0.00

 

12/31/2022

 

126,051

 

3,268

 

0.00

 

 

32.671025

 

(36.69

)‡

2.20

 

 

52.041897

 

(35.28

)

0.00

 

12/31/2021

 

208,553

 

3,445

 

0.00

 

 

38.895533

 

3.48

 

3.60

 

 

80.412082

 

7.27

 

0.00

 

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

 

JNL/Invesco Small Cap Growth Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

1,696

 

29

 

0.00

 

 

53.122734

 

11.72

 

0.65

 

 

56.151232

 

12.00

 

0.40

 

12/31/2022

 

857

 

17

 

0.00

 

 

47.551394

 

(35.51

)

0.65

 

 

50.136996

 

(35.35

)

0.40

 

12/31/2021

 

1,286

 

16

 

0.00

 

 

73.739698

 

6.90

 

0.65

 

 

77.555553

 

7.17

 

0.40

 

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

 

JNL/JPMorgan Global Allocation Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

51,170

 

4,066

 

0.00

 

 

11.615781

 

10.08

 

2.30

 

 

14.506679

 

12.62

 

0.00

 

12/31/2022

 

50,441

 

4,447

 

0.00

 

 

10.552143

 

(20.88

)‡

2.30

 

 

12.880759

 

(19.04

)

0.00

 

12/31/2021

 

70,063

 

4,928

 

0.00

 

 

13.182229

 

6.25

 

2.45

 

 

15.910912

 

8.89

 

0.00

 

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

 

JNL/JPMorgan Global Allocation Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

156

 

11

 

0.00

 

 

13.959302

 

12.29

 

0.65

 

 

14.384437

 

12.51

 

0.45

 

12/31/2022

 

112

 

9

 

0.00

 

 

12.431986

 

(19.36

)

0.65

 

 

12.785110

 

(19.20

)‡

0.45

 

12/31/2021

 

54

 

3

 

0.00

 

 

15.416001

 

8.54

 

0.65

 

 

15.640874

 

7.72

 

0.40

 

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 Hedged Equity Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

75,108

 

5,467

 

0.00

 

 

13.182671

 

13.18

 

2.05

 

 

14.719326

 

15.52

 

0.00

 

12/31/2022

 

61,040

 

5,068

 

0.37

 

 

11.647751

 

(10.02

)

2.05

 

 

12.742268

 

(8.16

)

0.00

 

12/31/2021

 

50,997

 

3,833

 

0.74

 

 

12.944406

 

9.57

 

2.05

 

 

13.874218

 

11.84

 

0.00

 

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

 

JNL/JPMorgan Hedged Equity Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

793

 

55

 

0.00

 

 

14.432472

 

15.13

 

0.65

 

 

14.628068

 

15.41

 

0.40

 

12/31/2022

 

482

 

38

 

0.68

 

 

12.536281

 

(8.50

)

0.65

 

 

12.674539

 

(8.27

)

0.40

 

12/31/2021

 

371

 

27

 

0.88

 

 

13.701304

 

5.07

0.65

 

 

13.817701

 

10.58

 

0.40

 

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

 

JNL/JPMorgan MidCap Growth Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

211,080

 

2,258

 

0.00

 

 

72.407911

 

20.42

 

2.30

 

 

139.889358

 

23.21

 

0.00

 

12/31/2022

 

177,405

 

2,304

 

0.00

 

 

60.131207

 

(28.73

)‡

2.30

 

 

113.538352

 

(27.08

)

0.00

 

12/31/2021

 

253,742

 

2,367

 

0.00

 

 

71.530256

 

7.83

 

2.92

 

 

155.699928

 

11.03

 

0.00

 

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

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL/JPMorgan Global Allocation Fund - Class A - June 24, 2019; JNL/JPMorgan Global Allocation Fund - Class I - 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 contract 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 the respective period end.

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. 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 period less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the 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. Expense Ratios for the years ended 12/31/2022 and after include only contract expense levels that had units issued or outstanding during the reporting period. For contracts with only one expense ratio, the ratio is presented only under the Highest Expense Ratio.

¥

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

Total return is calculated from the effective date 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.

126


                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 MidCap Growth Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

2,834

 

21

 

0.00

 

 

122.688157

 

22.79

 

0.65

 

 

131.793911

 

23.09

 

0.40

 

12/31/2022

 

2,016

 

18

 

0.00

 

 

99.918812

 

(27.34

)

0.65

 

 

107.067346

 

(27.16

)

0.40

 

12/31/2021

 

2,376

 

16

 

0.00

 

 

137.512573

 

10.63

 

0.65

 

 

146.983794

 

5.99

 

0.40

 

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

 

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

 

 

 

 

 

 

 

12/31/2023

 

67,153

 

3,363

 

0.00

 

 

15.326910

 

1.80

 

2.30

 

 

29.610309

 

4.16

 

0.00

 

12/31/2022

 

63,715

 

3,280

 

0.00

 

 

15.056152

 

(13.66

)‡

2.30

 

 

28.427711

 

(11.66

)

0.00

 

12/31/2021

 

81,615

 

3,651

 

0.00

 

 

11.089469

 

(5.98

)

4.00

 

 

32.180176

 

(2.14

)

0.00

 

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

 

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

 

 

 

 

 

 

 

12/31/2023

 

1,886

 

67

 

0.00

 

 

26.171789

 

3.83

 

0.65

 

 

28.114179

 

4.09

 

0.40

 

12/31/2022

 

1,345

 

50

 

0.00

 

 

25.205750

 

(11.96

)

0.65

 

 

27.009014

 

(11.74

)

0.40

 

12/31/2021

 

1,417

 

46

 

0.00

 

 

28.629044

 

(2.47

)

0.65

 

 

30.600813

 

(2.22

)

0.40

 

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

 

JNL/JPMorgan U.S. Value Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

82,575

 

4,456

 

0.00

 

 

15.993072

 

6.53

 

2.30

 

 

23.621181

 

9.00

 

0.00

 

12/31/2022

 

87,574

 

5,091

 

0.00

 

 

15.012247

 

(5.16

)‡

2.30

 

 

21.669867

 

(2.96

)

0.00

 

12/31/2021

 

96,692

 

5,380

 

0.00

 

 

15.226687

 

24.14

 

2.56

 

 

22.330082

 

27.36

 

0.00

 

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

 

JNL/JPMorgan U.S. Value Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

825

 

37

 

0.00

 

 

21.111129

 

8.36

 

0.90

 

 

22.975365

 

8.89

 

0.40

 

12/31/2022

 

776

 

37

 

0.00

 

 

19.482248

 

(1.89

)‡

0.90

 

 

21.100108

 

(3.04

)

0.40

 

12/31/2021

 

652

 

30

 

0.00

 

 

20.961859

 

26.93

 

0.65

 

 

21.760702

 

21.43

 

0.40

 

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

 

JNL/Lazard International Strategic Equity Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

8,676

 

534

 

1.25

 

 

14.854872

 

14.15

 

2.05

 

 

18.488215

 

16.51

 

0.00

 

12/31/2022

 

7,236

 

511

 

2.59

 

 

13.013146

 

(18.77

)

2.05

 

 

15.868423

 

(17.09

)

0.00

 

12/31/2021

 

7,599

 

438

 

0.43

 

 

16.019342

 

(1.47

)‡

2.05

 

 

19.138599

 

6.42

 

0.00

 

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

 

JNL/Lazard International Strategic Equity Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

59

 

3

 

2.05

 

 

17.674018

 

16.07

 

0.65

 

 

18.041616

 

16.36

0.40

 

12/31/2022

 

34

 

2

 

2.74

 

 

15.227297

 

(17.38

)

0.65

 

 

14.417163

 

(17.22

)‡

0.45

 

12/31/2021

 

46

 

2

 

0.74

 

 

18.431108

 

6.03

 

0.65

 

 

18.721107

 

6.04

 

0.40

 

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

 

 

  

 

 

*

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 contract 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 the respective period end.

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. 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 period less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the 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. Expense Ratios for the years ended 12/31/2022 and after include only contract expense levels that had units issued or outstanding during the reporting period. For contracts with only one expense ratio, the ratio is presented only under the Highest Expense Ratio.

¥

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

Total return is calculated from the effective date 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.

127


                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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/Loomis Sayles Global Growth Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

30,389

 

1,982

 

0.05

 

 

14.751982

 

33.52

 

2.15

 

 

16.560304

 

36.41

 

0.00

 

12/31/2022

 

21,556

 

1,893

 

0.00

 

 

11.048500

 

(27.81

)

2.15

 

 

12.139823

 

(26.25

)

0.00

 

12/31/2021

 

30,787

 

1,965

 

0.00

 

 

15.305682

 

3.37

 

2.15

 

 

16.460787

 

5.61

 

0.00

 

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

 

JNL/Loomis Sayles Global Growth Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

307

 

19

 

0.73

 

 

16.260952

 

35.96

 

0.65

 

 

16.436964

 

36.23

 

0.45

 

12/31/2022

 

58

 

5

 

0.02

 

 

11.960030

 

(26.45

)

0.65

 

 

12.065421

 

(26.30

)‡

0.45

 

12/31/2021

 

83

 

5

 

0.00

 

 

16.261097

 

(0.44

)‡

0.65

 

 

16.399316

 

3.93

 

0.40

 

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

 

 

 

 

 

 

 

12/31/2023

 

20,943

 

2,088

 

3.26

 

 

9.740099

 

2.35

2.05

 

 

10.502083

 

5.38

 

0.00

 

12/31/2022

 

16,027

 

1,662

 

0.58

 

 

9.446406

 

(6.82

)

2.00

 

 

9.965600

 

(4.95

)

0.00

 

12/31/2021

 

14,362

 

1,399

 

0.35

 

 

10.138265

 

(1.66

)

2.00

 

 

10.484276

 

0.33

 

0.00

 

12/31/2020+

 

5,906

 

570

 

0.00

 

 

10.309261

 

1.88

2.00

 

 

10.449999

 

4.50

0.00

 

JNL/Lord Abbett Short Duration Income Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

686

 

66

 

3.76

 

 

10.365315

 

5.02

 

0.65

 

 

10.460832

 

5.28

 

0.40

 

12/31/2022

 

416

 

42

 

0.99

 

 

9.870001

 

(5.34

)

0.65

 

 

9.936153

 

(5.11

)

0.40

 

12/31/2021

 

247

 

24

 

0.39

 

 

10.427324

 

0.03

 

0.65

 

 

10.471091

 

0.06

 

0.40

 

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

 

 

 

 

 

 

 

12/31/2023

 

82,090

 

6,000

 

0.00

 

 

10.885442

 

2.46

 

2.40

 

 

18.427465

 

4.95

 

0.00

 

12/31/2022

 

83,516

 

6,323

 

0.00

 

 

10.623656

 

(15.58

)‡

2.40

 

 

17.559157

 

(13.54

)

0.00

 

12/31/2021

 

106,431

 

6,879

 

0.00

 

 

9.474958

 

(5.84

)

3.82

 

 

20.308800

 

(2.17

)

0.00

 

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

 

JNL/Mellon Bond Index Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

838

 

46

 

0.00

 

 

16.806038

 

4.56

 

0.65

 

 

17.754666

 

4.82

 

0.40

 

12/31/2022

 

951

 

55

 

0.00

 

 

16.073078

 

(13.82

)

0.65

 

 

16.938049

 

(13.60

)

0.40

 

12/31/2021

 

1,135

 

57

 

0.00

 

 

18.650164

 

(2.42

)

0.65

 

 

19.604878

 

0.41

 

0.40

 

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

 

JNL/Mellon Communication Services Sector Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

42,958

 

3,012

 

0.00

 

 

11.362221

 

50.19

 

2.30

 

 

19.958581

 

53.66

0.00

 

12/31/2022

 

14,544

 

1,538

 

0.00

 

 

7.565343

 

(42.66

)‡

2.30

 

 

12.391783

 

(41.45

)‡

0.20

 

12/31/2021

 

24,810

 

1,522

 

0.00

 

 

6.417237

 

9.45

 

5.50

 

 

22.137435

 

15.64

 

0.00

 

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

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL/Loomis Sayles Global Growth Fund - Class I - April 27, 2020; JNL/Lord Abbett Short Duration Income Fund - Class A - April 27, 2020; JNL/Lord Abbett Short Duration Income Fund - Class I - 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 contract 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 the respective period end.

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. 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 period less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the 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. Expense Ratios for the years ended 12/31/2022 and after include only contract expense levels that had units issued or outstanding during the reporting period. For contracts with only one expense ratio, the ratio is presented only under the Highest Expense Ratio.

¥

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

Total return is calculated from the effective date 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.

128


                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 Communication Services Sector Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

318

 

16

 

0.00

 

 

18.050823

 

53.23

 

0.65

 

 

20.580119

 

53.54

 

0.45

 

12/31/2022

 

98

 

8

 

0.00

 

 

11.779856

 

(41.51

)

0.65

 

 

13.403693

 

(41.39

)‡

0.45

 

12/31/2021

 

154

 

7

 

0.00

 

 

20.139619

 

15.23

 

0.65

 

 

21.305256

 

9.46

 

0.40

 

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

 

JNL/Mellon Consumer Discretionary Sector Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

118,588

 

2,183

 

0.00

 

 

45.120539

 

35.65

2.15

 

 

76.423232

 

38.59

 

0.00

 

12/31/2022

 

81,894

 

2,061

 

0.00

 

 

32.115601

 

(37.39

)‡

2.30

 

 

55.143271

 

(35.94

)

0.00

 

12/31/2021

 

148,282

 

2,359

 

0.00

 

 

38.345755

 

18.21

 

3.60

 

 

86.076755

 

22.54

 

0.00

 

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

 

JNL/Mellon Consumer Discretionary Sector Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

363

 

5

 

0.00

 

 

69.067272

 

38.17

 

0.65

 

 

78.727442

 

38.44

 

0.45

 

12/31/2022

 

201

 

4

 

0.00

 

 

49.988698

 

(36.13

)

0.65

 

 

56.866789

 

(36.01

)‡

0.45

 

12/31/2021

 

755

 

9

 

0.00

 

 

78.271497

 

22.17

 

0.65

 

 

82.801969

 

21.00

 

0.40

 

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

 

JNL/Mellon Consumer Staples Sector Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

22,417

 

1,590

 

0.00

 

 

13.242996

 

(0.75

)

2.40

 

 

15.389713

 

1.65

 

0.00

 

12/31/2022

 

27,649

 

1,967

 

0.00

 

 

13.343351

 

(5.49

)

2.40

 

 

15.139725

 

(3.20

)

0.00

 

12/31/2021

 

15,555

 

1,054

 

0.00

 

 

14.117899

 

13.53

 

2.40

 

 

15.639726

 

16.28

 

0.00

 

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

 

JNL/Mellon Consumer Staples Sector Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

157

 

12

 

0.00

 

 

15.092719

 

1.35

 

0.65

 

 

15.331066

 

1.61

 

0.40

 

12/31/2022

 

220

 

16

 

0.00

 

 

14.891324

 

(3.47

)

0.65

 

 

15.088819

 

(3.22

)

0.40

 

12/31/2021

 

42

 

4

 

0.00

 

 

15.425868

 

15.95

 

0.65

 

 

15.591505

 

16.24

 

0.40

 

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

 

JNL/Mellon Dow Index Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

77,768

 

2,363

 

0.00

 

 

26.628028

 

12.87

 

2.25

 

 

46.219983

 

15.43

 

0.00

 

12/31/2022

 

68,916

 

2,391

 

0.00

 

 

23.591094

 

(9.52

)‡

2.25

 

 

40.039979

 

(7.46

)

0.00

 

12/31/2021

 

73,697

 

2,330

 

0.00

 

 

24.869783

 

17.24

 

2.46

 

 

43.269993

 

20.16

 

0.00

 

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

 

JNL/Mellon Dow Index Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

709

 

16

 

0.00

 

 

41.317065

 

15.09

 

0.65

 

 

43.927725

 

15.38

 

0.40

 

12/31/2022

 

931

 

24

 

0.00

 

 

35.900228

 

(7.75

)

0.65

 

 

38.073534

 

(7.52

)

0.40

 

12/31/2021

 

1,079

 

26

 

0.00

 

 

38.915262

 

19.81

 

0.65

 

 

41.168307

 

20.11

 

0.40

 

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

 

 

  

 

 

*

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 contract 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 the respective period end.

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. 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 period less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the 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. Expense Ratios for the years ended 12/31/2022 and after include only contract expense levels that had units issued or outstanding during the reporting period. For contracts with only one expense ratio, the ratio is presented only under the Highest Expense Ratio.

¥

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

Total return is calculated from the effective date 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.

129


                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 Emerging Markets Index Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

66,824

 

6,360

 

0.00

 

 

9.413817

 

6.79

 

2.30

 

 

12.502984

 

9.26

 

0.00

 

12/31/2022

 

64,219

 

6,587

 

0.00

 

 

8.815440

 

(20.80

)‡

2.30

 

 

11.443020

 

(18.97

)

0.00

 

12/31/2021

 

83,651

 

6,855

 

0.00

 

 

10.949428

 

(5.85

)

2.46

 

 

14.121417

 

(3.50

)

0.00

 

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

 

JNL/Mellon Emerging Markets Index Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

667

 

54

 

0.00

 

 

11.924499

 

8.92

 

0.65

 

 

12.298067

 

9.19

 

0.40

 

12/31/2022

 

535

 

47

 

0.00

 

 

10.948090

 

(19.15

)‡

0.65

 

 

11.262979

 

(18.95

)

0.40

 

12/31/2021

 

781

 

56

 

0.00

 

 

13.195632

 

(4.04

)

0.90

 

 

13.896183

 

(3.56

)

0.40

 

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

 

JNL/Mellon Energy Sector Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

147,036

 

3,435

 

0.00

 

 

33.271111

 

(3.63

)

2.45

 

 

60.640477

 

(1.24

)

0.00

 

12/31/2022

 

194,899

 

4,431

 

0.00

 

 

34.523696

 

57.45

2.45

 

 

61.403993

 

61.35

 

0.00

 

12/31/2021

 

102,806

 

3,733

 

0.00

 

 

11.031990

 

46.41

 

5.50

 

 

38.057206

 

54.69

 

0.00

 

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

 

JNL/Mellon Energy Sector Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

4,427

 

71

 

0.00

 

 

54.836420

 

(1.52

)

0.65

 

 

58.300136

 

(1.28

)

0.40

 

12/31/2022

 

800

 

13

 

0.00

 

 

55.685358

 

60.84

 

0.65

 

 

59.055204

 

61.24

 

0.40

 

12/31/2021

 

375

 

10

 

0.00

 

 

34.622432

 

54.18

0.65

 

 

36.626195

 

21.02

 

0.40

 

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

 

JNL/Mellon Financial Sector Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

113,577

 

5,136

 

0.00

 

 

17.251807

 

12.62

 

2.45

 

 

31.441941

 

15.41

 

0.00

 

12/31/2022

 

114,171

 

5,867

 

0.00

 

 

15.318163

 

(15.00

)‡

2.45

 

 

27.244191

 

(12.89

)

0.00

 

12/31/2021

 

139,413

 

6,147

 

0.00

 

 

9.066611

 

22.42

 

5.50

 

 

31.277343

 

29.34

 

0.00

 

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

 

JNL/Mellon Financial Sector Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

478

 

16

 

0.00

 

 

28.441217

 

15.05

 

0.65

 

 

30.237451

 

15.33

 

0.40

 

12/31/2022

 

433

 

16

 

0.00

 

 

24.721284

 

(13.13

)

0.65

 

 

26.217145

 

(12.91

)

0.40

 

12/31/2021

 

487

 

16

 

0.00

 

 

28.457757

 

28.94

 

0.65

 

 

30.104513

 

22.94

 

0.40

 

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

 

JNL/Mellon Healthcare Sector Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

291,733

 

5,941

 

0.00

 

 

38.157427

 

(0.87

)

2.45

 

 

69.523096

 

1.58

 

0.00

 

12/31/2022

 

321,826

 

6,561

 

0.00

 

 

38.492926

 

(8.03

)‡

2.45

 

 

68.441606

 

(5.76

)

0.00

 

12/31/2021

 

380,107

 

7,201

 

0.00

 

 

32.169433

 

15.92

 

3.62

 

 

72.622386

 

20.20

 

0.00

 

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

 

 

  

 

 

*

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 contract 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 the respective period end.

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. 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 period less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the 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. Expense Ratios for the years ended 12/31/2022 and after include only contract expense levels that had units issued or outstanding during the reporting period. For contracts with only one expense ratio, the ratio is presented only under the Highest Expense Ratio.

¥

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

Total return is calculated from the effective date 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.

130


                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 Healthcare Sector Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

977

 

14

 

0.00

 

 

62.801509

 

1.28

 

0.65

 

 

66.768750

 

1.54

 

0.40

 

12/31/2022

 

1,076

 

16

 

0.00

 

 

62.005127

 

(6.04

)‡

0.65

 

 

65.757887

 

(5.80

)

0.40

 

12/31/2021

 

805

 

11

 

0.00

 

 

62.375409

 

19.53

 

0.90

 

 

69.808158

 

14.73

 

0.40

 

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

 

JNL/Mellon Industrials Sector Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

14,101

 

859

 

0.00

 

 

15.717576

 

17.66

 

2.05

 

 

17.265619

 

19.44

 

0.55

 

12/31/2022

 

11,651

 

841

 

0.00

 

 

13.358117

 

(10.56

)

2.05

 

 

14.455755

 

(9.21

)‡

0.55

 

12/31/2021

 

17,694

 

1,150

 

0.00

 

 

14.935116

 

18.47

 

2.05

 

 

16.300228

 

20.92

 

0.00

 

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

 

JNL/Mellon Industrials Sector Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

206

 

12

 

0.00

 

 

17.531455

 

19.74

 

0.65

 

 

17.808269

 

20.05

 

0.40

 

12/31/2022

 

187

 

13

 

0.00

 

 

14.640713

 

(8.94

)

0.65

 

 

14.834263

 

(8.71

)

0.40

 

12/31/2021

 

66

 

4

 

0.00

 

 

16.077653

 

4.20

0.65

 

 

16.250166

 

17.09

 

0.40

 

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

 

JNL/Mellon Information Technology Sector Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

505,944

 

10,507

 

0.00

 

 

36.335397

 

54.14

 

2.60

 

 

68.714211

 

58.19

 

0.00

 

12/31/2022

 

327,781

 

10,638

 

0.00

 

 

23.572555

 

(33.73

)‡

2.60

 

 

43.436936

 

(31.99

)

0.00

 

12/31/2021

 

539,416

 

11,725

 

0.00

 

 

31.804983

 

29.14

 

3.10

 

 

63.864657

 

33.21

 

0.00

 

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

 

JNL/Mellon Information Technology Sector Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

2,167

 

32

 

0.00

 

 

62.139111

 

57.77

 

0.65

 

 

66.064446

 

58.16

 

0.40

 

12/31/2022

 

1,102

 

25

 

0.00

 

 

39.386807

 

(32.20

)‡

0.65

 

 

41.770531

 

(32.04

)

0.40

 

12/31/2021

 

1,719

 

27

 

0.00

 

 

54.917053

 

32.49

 

0.90

 

 

61.459125

 

33.15

 

0.40

 

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

 

JNL/Mellon International Index Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

180,435

 

7,616

 

0.00

 

 

18.225169

 

14.21

 

2.60

 

 

32.252611

 

17.21

 

0.00

 

12/31/2022

 

169,689

 

8,283

 

0.23

 

 

15.957203

 

(16.40

)‡

2.60

 

 

27.516359

 

(14.20

)

0.00

 

12/31/2021

 

204,349

 

8,436

 

0.00

 

 

14.960708

 

6.33

 

3.82

 

 

32.070520

 

10.47

 

0.00

 

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

 

JNL/Mellon International Index Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

2,584

 

81

 

0.00

 

 

29.424691

 

16.81

 

0.65

 

 

31.086002

 

17.10

 

0.40

 

12/31/2022

 

2,359

 

87

 

0.53

 

 

25.190036

 

(14.46

)

0.65

 

 

26.545983

 

(14.25

)

0.40

 

12/31/2021

 

2,860

 

91

 

0.00

 

 

29.449469

 

10.07

 

0.65

 

 

30.957417

 

10.35

 

0.40

 

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

 

 

  

 

 

*

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 contract 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 the respective period end.

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. 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 period less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the 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. Expense Ratios for the years ended 12/31/2022 and after include only contract expense levels that had units issued or outstanding during the reporting period. For contracts with only one expense ratio, the ratio is presented only under the Highest Expense Ratio.

¥

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

Total return is calculated from the effective date 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.

131


                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 Materials Sector Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

12,065

 

802

 

0.00

 

 

14.407232

 

11.92

 

2.05

 

 

16.380011

 

14.23

 

0.00

 

12/31/2022

 

11,952

 

895

 

0.00

 

 

12.873360

 

(13.70

)

2.05

 

 

14.339994

 

(11.92

)

0.00

 

12/31/2021

 

12,911

 

840

 

0.00

 

 

14.916729

 

25.78

 

2.05

 

 

16.280001

 

28.39

 

0.00

 

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

 

JNL/Mellon Materials Sector Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

191

 

12

 

0.00

 

 

16.062643

 

13.85

 

0.65

 

 

16.316098

 

14.13

 

0.40

 

12/31/2022

 

245

 

17

 

0.00

 

 

14.108750

 

(12.14

)

0.65

 

 

14.295711

 

(11.92

)

0.40

 

12/31/2021

 

118

 

7

 

0.00

 

 

16.058216

 

8.15

0.65

 

 

16.230499

 

25.89

 

0.40

 

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

 

JNL/Mellon Nasdaq® 100 Index Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

515,573

 

6,932

 

0.00

 

 

61.313558

 

50.54

 

2.40

 

 

97.292847

 

54.19

 

0.00

 

12/31/2022

 

311,336

 

6,374

 

0.00

 

 

40.729046

 

(34.39

)‡

2.40

 

 

63.100625

 

(32.80

)

0.00

 

12/31/2021

 

473,531

 

6,415

 

0.00

 

 

57.746837

 

23.17

 

2.82

 

 

93.904143

 

26.70

 

0.00

 

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

 

JNL/Mellon Nasdaq® 100 Index Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

4,779

 

58

 

0.00

 

 

85.671215

 

1.22

0.90

 

 

94.325524

 

54.10

 

0.40

 

12/31/2022

 

2,854

 

54

 

0.00

 

 

58.480590

 

(33.00

)

0.65

 

 

61.209367

 

(32.84

)

0.40

 

12/31/2021

 

3,978

 

49

 

0.00

 

 

87.290484

 

26.34

 

0.65

 

 

91.136020

 

19.21

 

0.40

 

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

 

JNL/Mellon Real Estate Sector Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

16,847

 

1,374

 

0.00

 

 

11.565387

 

8.44

 

2.30

 

 

13.359955

 

10.96

 

0.00

 

12/31/2022

 

15,897

 

1,420

 

0.00

 

 

10.664823

 

(27.76

)‡

2.30

 

 

12.039959

 

(26.09

)

0.00

 

12/31/2021

 

23,556

 

1,537

 

0.00

 

 

14.755086

 

35.57

 

2.32

 

 

16.289966

 

38.76

 

0.00

 

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

 

JNL/Mellon Real Estate Sector Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

381

 

30

 

0.00

 

 

13.057694

 

10.66

 

0.65

 

 

13.263515

 

10.94

 

0.40

 

12/31/2022

 

380

 

33

 

0.00

 

 

11.799359

 

(26.30

)

0.65

 

 

11.955510

 

(26.12

)

0.40

 

12/31/2021

 

963

 

60

 

0.00

 

 

16.009855

 

38.35

 

0.65

 

 

16.181346

 

34.35

 

0.40

 

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

 

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

 

 

 

 

 

 

 

12/31/2023

 

263,064

 

5,315

 

0.00

 

 

38.079367

 

12.85

 

2.60

 

 

67.403375

 

15.81

 

0.00

 

12/31/2022

 

238,826

 

5,520

 

0.00

 

 

33.744407

 

(15.76

)‡

2.60

 

 

58.201321

 

(13.54

)

0.00

 

12/31/2021

 

296,203

 

5,835

 

0.00

 

 

31.403894

 

19.48

 

3.82

 

 

67.317956

 

24.13

 

0.00

 

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

 

 

  

 

 

*

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 contract 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 the respective period end.

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. 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 period less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the 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. Expense Ratios for the years ended 12/31/2022 and after include only contract expense levels that had units issued or outstanding during the reporting period. For contracts with only one expense ratio, the ratio is presented only under the Highest Expense Ratio.

¥

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

Total return is calculated from the effective date 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.

132


                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 S&P 400 MidCap Index Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

2,859

 

44

 

0.00

 

 

61.278452

 

15.37

0.65

 

 

64.737708

 

15.65

 

0.40

 

12/31/2022

 

2,433

 

43

 

0.00

 

 

50.402838

 

(14.04

)

0.90

 

 

55.975247

 

(13.61

)

0.40

 

12/31/2021

 

3,726

 

58

 

0.00

 

 

58.638404

 

3.35

0.90

 

 

64.797411

 

24.04

 

0.40

 

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

 

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

 

 

 

 

 

 

 

12/31/2023

 

1,121,778

 

26,930

 

0.00

 

 

31.966127

 

22.46

 

2.60

 

 

56.582887

 

25.67

 

0.00

 

12/31/2022

 

905,280

 

26,985

 

0.00

 

 

26.104145

 

(20.62

)‡

2.60

 

 

45.023925

 

(18.53

)

0.00

 

12/31/2021

 

1,125,570

 

26,960

 

0.00

 

 

18.425364

 

21.23

 

5.50

 

 

55.264909

 

28.09

 

0.00

 

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

 

JNL/Mellon Small Cap Index Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

194,527

 

4,718

 

0.00

 

 

31.788060

 

12.61

 

2.60

 

 

56.267830

 

15.57

 

0.00

 

12/31/2022

 

175,541

 

4,855

 

0.00

 

 

28.228618

 

(18.78

)‡

2.60

 

 

48.688381

 

(16.64

)

0.00

 

12/31/2021

 

228,896

 

5,200

 

0.00

 

 

27.247027

 

21.39

 

3.82

 

 

58.408930

 

26.12

 

0.00

 

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

 

JNL/Mellon Small Cap Index Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

2,406

 

44

 

0.00

 

 

48.442757

 

14.89

 

0.90

 

 

54.066025

 

15.46

 

0.40

 

12/31/2022

 

2,099

 

44

 

0.00

 

 

42.166016

 

(17.12

)

0.90

 

 

46.826564

 

(16.71

)

0.40

 

12/31/2021

 

2,473

 

43

 

0.00

 

 

50.877948

 

25.34

 

0.90

 

 

56.220314

 

25.97

 

0.40

 

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

 

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

 

 

 

 

 

 

 

12/31/2023

 

433,180

 

23,744

 

0.00

 

 

17.291702

 

22.97

 

2.30

 

 

19.930000

 

25.82

 

0.00

 

12/31/2022

 

382,430

 

25,996

 

0.00

 

 

14.061994

 

(21.74

)‡

2.30

 

 

15.840000

 

(19.92

)

0.00

 

12/31/2021

 

538,083

 

28,865

 

0.00

 

 

17.951126

 

22.49

 

2.31

 

 

19.780000

 

25.35

 

0.00

 

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

 

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

 

 

 

 

 

 

 

12/31/2023

 

1,958

 

99

 

0.00

 

 

19.548808

 

25.32

 

0.65

 

 

19.856963

 

25.63

 

0.40

 

12/31/2022

 

1,740

 

111

 

0.00

 

 

15.599381

 

(20.17

)

0.65

 

 

15.805825

 

(19.97

)

0.40

 

12/31/2021

 

1,982

 

101

 

0.00

 

 

19.540751

 

24.81

 

0.65

 

 

19.750061

 

10.89

 

0.40

 

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

 

JNL/Mellon Utilities Sector Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

25,371

 

1,418

 

0.00

 

 

16.637200

 

(9.58

)

2.05

 

 

20.707195

 

(7.71

)

0.00

 

12/31/2022

 

35,500

 

1,809

 

0.00

 

 

18.400370

 

(1.24

)‡

2.05

 

 

22.436772

 

0.80

 

0.00

 

12/31/2021

 

19,702

 

995

 

0.00

 

 

18.453726

 

14.28

 

2.16

 

 

22.257739

 

16.77

 

0.00

 

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

 

 

  

 

 

*

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 contract 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 the respective period end.

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. 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 period less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the 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. Expense Ratios for the years ended 12/31/2022 and after include only contract expense levels that had units issued or outstanding during the reporting period. For contracts with only one expense ratio, the ratio is presented only under the Highest Expense Ratio.

¥

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

Total return is calculated from the effective date 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


                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 Utilities Sector Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

281

 

15

 

0.00

 

 

19.874282

 

(7.97

)

0.65

 

 

20.288125

 

(7.74

)

0.40

 

12/31/2022

 

374

 

18

 

0.00

 

 

21.596100

 

0.56

 

0.65

 

 

21.990944

 

0.81

 

0.40

 

12/31/2021

 

125

 

6

 

0.00

 

 

21.474980

 

16.35

 

0.65

 

 

21.813255

 

25.01

 

0.40

 

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

 

JNL/Mellon World Index Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

16,223

 

464

 

0.00

 

 

28.721887

 

20.91

 

2.00

 

 

46.890234

 

23.34

 

0.00

 

12/31/2022

 

13,251

 

463

 

0.00

 

 

23.755709

 

(19.66

)

2.00

 

 

38.016740

 

(18.05

)

0.00

 

12/31/2021

 

13,763

 

396

 

1.35

 

 

29.570778

 

18.77

 

2.00

 

 

46.388240

 

21.17

 

0.00

 

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

 

JNL/Mellon World Index Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

424

 

9

 

0.00

 

 

41.963110

 

22.99

 

0.65

 

 

44.614832

 

23.30

 

0.40

 

12/31/2022

 

343

 

9

 

0.00

 

 

34.119207

 

(18.29

)

0.65

 

 

36.184981

 

(18.09

)

0.40

 

12/31/2021

 

667

 

15

 

2.82

 

 

41.757642

 

7.91

0.65

 

 

44.175661

 

2.94

 

0.40

 

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

 

JNL/MFS Mid Cap Value Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

147,874

 

4,382

 

0.00

 

 

28.049092

 

9.63

 

2.45

 

 

44.326008

 

12.36

 

0.00

 

12/31/2022

 

141,577

 

4,645

 

0.00

 

 

25.585345

 

(11.21

)‡

2.45

 

 

39.449413

 

(9.01

)

0.00

 

12/31/2021

 

168,543

 

4,960

 

0.00

 

 

26.034510

 

26.60

 

3.06

 

 

43.355539

 

30.53

 

0.00

 

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

 

JNL/MFS Mid Cap Value Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

1,040

 

24

 

0.00

 

 

41.025529

 

11.95

 

0.65

 

 

42.985707

 

12.22

 

0.40

 

12/31/2022

 

908

 

23

 

0.00

 

 

36.647763

 

(9.35

)

0.65

 

 

38.303212

 

(9.12

)

0.40

 

12/31/2021

 

703

 

16

 

0.00

 

 

40.425558

 

30.08

 

0.65

 

 

42.146322

 

22.79

 

0.40

 

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

 

JNL/Morningstar PitchBook Listed Private Equity Index Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

1,309

 

120

 

0.00

 

 

10.812086

 

39.59

 

1.25

 

 

11.180017

 

41.34

 

0.00

 

12/31/2022

 

312

 

40

 

0.00

 

 

7.745653

 

(35.28

)

1.25

 

 

7.910008

 

(34.47

)

0.00

 

12/31/2021+

 

390

 

33

 

0.00

 

 

11.967525

 

19.68

1.25

 

 

12.070002

 

20.70

 

0.00

 

JNL/Morningstar U.S. Sustainability Index Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

26,124

 

1,274

 

0.00

 

 

19.545091

 

23.36

 

2.05

 

 

22.414519

 

25.91

 

0.00

 

12/31/2022

 

17,264

 

1,048

 

0.00

 

 

15.844076

 

(21.61

)‡

2.05

 

 

17.802475

 

(19.99

)

0.00

 

12/31/2021

 

21,346

 

1,023

 

0.00

 

 

20.098422

 

27.82

 

2.17

 

 

22.250543

 

30.63

 

0.00

 

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

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL/Morningstar PitchBook Listed Private Equity Index Fund - Class A - April 26, 2021.

*

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 contract 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 the respective period end.

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. 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 period less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the 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. Expense Ratios for the years ended 12/31/2022 and after include only contract expense levels that had units issued or outstanding during the reporting period. For contracts with only one expense ratio, the ratio is presented only under the Highest Expense Ratio.

¥

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

Total return is calculated from the effective date 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


                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 U.S. Sustainability Index Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

846

 

38

 

0.00

 

 

21.918283

 

25.60

 

0.65

 

 

22.242863

 

25.85

 

0.45

 

12/31/2022

 

729

 

41

 

0.00

 

 

17.450763

 

(20.23

)

0.65

 

 

17.673938

 

(20.07

)‡

0.45

 

12/31/2021

 

796

 

36

 

0.00

 

 

21.875630

 

6.77

0.65

 

 

22.120822

 

27.38

 

0.40

 

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

 

JNL/Morningstar Wide Moat Index Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

42,724

 

2,294

 

0.88

 

 

17.700269

 

28.50

 

2.30

 

 

20.031350

 

31.48

 

0.00

 

12/31/2022

 

19,352

 

1,346

 

1.33

 

 

13.774161

 

(15.75

)

2.30

 

 

15.234872

 

(13.80

)

0.00

 

12/31/2021

 

20,819

 

1,231

 

1.31

 

 

16.349637

 

21.07

 

2.30

 

 

17.673314

 

23.89

 

0.00

 

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

 

JNL/Morningstar Wide Moat Index Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

410

 

21

 

0.70

 

 

19.648393

 

30.93

 

0.65

 

 

19.860819

 

31.19

 

0.45

 

12/31/2022

 

224

 

15

 

2.23

 

 

15.006960

 

(14.08

)

0.65

 

 

15.138967

 

(13.91

)‡

0.45

 

12/31/2021

 

116

 

7

 

0.88

 

 

17.466380

 

23.50

 

0.65

 

 

17.620718

 

17.51

 

0.40

 

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

 

JNL/Neuberger Berman Commodity Strategy Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

3,131

 

346

 

0.00

 

 

8.789504

 

(6.90

)

1.25

 

 

9.918761

 

(5.73

)

0.00

 

12/31/2022

 

4,081

 

421

 

0.00

 

 

9.440848

 

20.05

 

1.25

 

 

10.521803

 

21.55

 

0.00

 

12/31/2021

 

2,113

 

261

 

0.00

 

 

7.864280

 

28.14

 

1.25

 

 

8.656145

 

29.76

 

0.00

 

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

 

JNL/Neuberger Berman Gold Plus Strategy Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

1,352

 

131

 

0.00

 

 

10.282065

 

11.62

 

1.25

 

 

10.500003

 

13.02

0.00

 

12/31/2022+

 

714

 

77

 

0.00

 

 

9.211295

 

(7.89

)‡

1.25

 

 

9.236279

 

(1.50

)‡

0.85

 

JNL/Neuberger Berman Strategic Income Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

47,454

 

3,895

 

0.00

 

 

10.685119

 

7.19

 

2.40

 

 

14.139290

 

9.78

 

0.00

 

12/31/2022

 

45,392

 

4,043

 

0.00

 

 

9.968770

 

(12.93

)

2.40

 

 

12.879353

 

(10.82

)

0.00

 

12/31/2021

 

50,929

 

4,016

 

0.00

 

 

11.449662

 

0.22

 

2.40

 

 

14.442605

 

2.65

 

0.00

 

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

 

JNL/Neuberger Berman Strategic Income Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

365

 

26

 

0.00

 

 

13.510058

 

9.35

 

0.65

 

 

14.169736

 

9.57

 

0.45

 

12/31/2022

 

319

 

25

 

0.00

 

 

12.354697

 

(11.17

)

0.65

 

 

12.932181

 

(10.99

)‡

0.45

 

12/31/2021

 

257

 

18

 

0.00

 

 

13.907755

 

2.37

 

0.65

 

 

14.248062

 

2.60

 

0.40

 

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

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL/Neuberger Berman Gold Plus Strategy Fund - Class A - April 25, 2022.

*

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 contract 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 the respective period end.

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. 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 period less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the 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. Expense Ratios for the years ended 12/31/2022 and after include only contract expense levels that had units issued or outstanding during the reporting period. For contracts with only one expense ratio, the ratio is presented only under the Highest Expense Ratio.

¥

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

Total return is calculated from the effective date 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


                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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/Newton Equity Income Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

89,231

 

2,594

 

0.00

 

 

30.611155

 

7.86

 

2.30

 

 

40.248554

 

10.37

 

0.00

 

12/31/2022

 

84,740

 

2,686

 

0.00

 

 

28.379862

 

1.45

 

2.30

 

 

36.468221

 

3.80

 

0.00

 

12/31/2021

 

36,777

 

1,187

 

0.00

 

 

27.975221

 

29.75

 

2.30

 

 

35.133154

 

32.77

 

0.00

 

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

 

JNL/Newton Equity Income Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

2,886

 

81

 

0.00

 

 

38.258838

 

9.96

 

0.65

 

 

39.109080

 

10.23

 

0.40

 

12/31/2022

 

1,915

 

60

 

0.00

 

 

34.794325

 

3.44

 

0.65

 

 

35.478988

 

3.70

 

0.40

 

12/31/2021

 

815

 

25

 

0.00

 

 

33.637333

 

32.31

 

0.65

 

 

34.213815

 

22.59

 

0.40

 

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

 

JNL/PIMCO Income Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

50,014

 

4,695

 

0.00

 

 

10.172776

 

6.22

 

2.05

 

 

11.567559

 

8.41

 

0.00

 

12/31/2022

 

45,665

 

4,584

 

0.00

 

 

9.577128

 

(9.95

)‡

2.05

 

 

10.669811

 

(8.09

)

0.00

 

12/31/2021

 

52,971

 

4,824

 

0.00

 

 

10.515114

 

(0.34

)

2.32

 

 

11.608837

 

1.99

 

0.00

 

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

 

JNL/PIMCO Income Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

1,153

 

101

 

0.00

 

 

11.153246

 

7.79

 

0.90

 

 

11.508041

 

8.33

 

0.40

 

12/31/2022

 

1,023

 

97

 

0.00

 

 

10.347260

 

(8.56

)

0.90

 

 

10.623234

 

(8.10

)

0.40

 

12/31/2021

 

815

 

71

 

0.00

 

 

11.315577

 

0.52

0.90

 

 

11.559581

 

1.06

 

0.40

 

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

 

JNL/PIMCO Investment Grade Credit Bond Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

38,539

 

3,269

 

0.00

 

 

10.731843

 

5.45

 

2.15

 

 

13.860750

 

7.73

 

0.00

 

12/31/2022

 

36,077

 

3,251

 

0.00

 

 

10.177345

 

(18.35

)‡

2.15

 

 

12.865733

 

(16.58

)

0.00

 

12/31/2021

 

48,680

 

3,609

 

0.00

 

 

12.256508

 

(3.88

)

2.32

 

 

15.422687

 

(1.62

)

0.00

 

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

 

JNL/PIMCO Investment Grade Credit Bond Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

543

 

42

 

0.00

 

 

12.788027

 

7.04

 

0.90

 

 

12.644620

 

7.52

 

0.45

 

12/31/2022

 

433

 

36

 

0.00

 

 

11.947500

 

(16.98

)

0.90

 

 

11.760653

 

(16.61

)‡

0.45

 

12/31/2021

 

485

 

33

 

0.00

 

 

14.391244

 

(0.96

)‡

0.90

 

 

15.005145

 

1.17

 

0.40

 

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

 

JNL/PIMCO Real Return Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

76,657

 

5,270

 

0.00

 

 

12.243585

 

1.50

 

2.40

 

 

18.390128

 

3.96

 

0.00

 

12/31/2022

 

82,461

 

5,815

 

0.00

 

 

12.062114

 

(13.87

)‡

2.40

 

 

17.689081

 

(11.79

)

0.00

 

12/31/2021

 

113,158

 

6,941

 

0.00

 

 

12.957370

 

2.37

 

2.92

 

 

20.053055

 

5.40

 

0.00

 

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

 

 

  

 

 

*

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 contract 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 the respective period end.

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. 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 period less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the 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. Expense Ratios for the years ended 12/31/2022 and after include only contract expense levels that had units issued or outstanding during the reporting period. For contracts with only one expense ratio, the ratio is presented only under the Highest Expense Ratio.

¥

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

Total return is calculated from the effective date 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


                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 Real Return Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

945

 

53

 

0.00

 

 

16.453119

 

3.40

 

0.90

 

 

17.909414

 

3.91

 

0.40

 

12/31/2022

 

834

 

48

 

0.00

 

 

15.912784

 

(12.42

)

0.90

 

 

17.235030

 

(11.99

)

0.40

 

12/31/2021

 

702

 

36

 

0.00

 

 

18.170050

 

4.52

0.90

 

 

19.581979

 

4.91

 

0.40

 

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

 

JNL/PPM America Floating Rate Income Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

88,295

 

6,920

 

0.00

 

 

11.053976

 

10.42

 

2.45

 

 

15.195840

 

13.16

 

0.00

 

12/31/2022

 

88,734

 

7,774

 

0.00

 

 

10.010548

 

(6.95

)‡

2.45

 

 

13.429178

 

(4.65

)

0.00

 

12/31/2021

 

95,207

 

7,854

 

0.00

 

 

10.338759

 

0.86

 

2.81

 

 

14.083965

 

3.73

 

0.00

 

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

 

JNL/PPM America Floating Rate Income Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

722

 

57

 

0.00

 

 

14.352269

 

12.70

 

0.65

 

 

14.689547

 

12.98

 

0.40

 

12/31/2022

 

4,053

 

362

 

0.00

 

 

12.735252

 

(4.96

)

0.65

 

 

13.002057

 

(4.72

)

0.40

 

12/31/2021

 

210

 

18

 

0.00

 

 

13.399663

 

3.39

 

0.65

 

 

13.646200

 

2.51

 

0.40

 

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

 

JNL/PPM America High Yield Bond Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

86,100

 

3,515

 

0.00

 

 

17.829694

 

9.94

 

2.60

 

 

34.908607

 

12.83

 

0.00

 

12/31/2022

 

83,745

 

3,806

 

0.00

 

 

16.216947

 

(13.98

)‡

2.60

 

 

30.939135

 

(11.72

)

0.00

 

12/31/2021

 

112,040

 

4,448

 

0.00

 

 

16.896632

 

2.56

 

3.06

 

 

35.044699

 

5.75

 

0.00

 

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

 

JNL/PPM America High Yield Bond Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

515

 

15

 

0.00

 

 

31.275368

 

12.37

 

0.65

 

 

33.362177

 

12.65

 

0.40

 

12/31/2022

 

506

 

17

 

0.00

 

 

27.832069

 

(12.01

)

0.65

 

 

29.615195

 

(11.79

)

0.40

 

12/31/2021

 

526

 

15

 

0.00

 

 

31.631527

 

5.41

 

0.65

 

 

33.574309

 

4.77

 

0.40

 

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

 

JNL/PPM America Total Return Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

47,651

 

2,832

 

0.00

 

 

14.540623

 

4.25

 

2.30

 

 

20.532030

 

6.67

 

0.00

 

12/31/2022

 

45,820

 

2,863

 

0.00

 

 

13.947288

 

(16.02

)‡

2.30

 

 

19.247773

 

(14.08

)

0.00

 

12/31/2021

 

59,538

 

3,158

 

0.00

 

 

16.565564

 

(3.41

)

2.32

 

 

22.401531

 

(1.15

)

0.00

 

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

 

JNL/PPM America Total Return Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

433

 

31

 

0.00

 

 

19.205941

 

6.25

 

0.65

 

 

19.701415

 

6.51

0.40

 

12/31/2022

 

366

 

29

 

0.00

 

 

18.076378

 

(14.33

)

0.65

 

 

12.029693

 

(14.16

)‡

0.45

 

12/31/2021

 

213

 

14

 

0.00

 

 

21.099507

 

0.64

0.65

 

 

21.536157

 

0.68

 

0.40

 

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

 

 

  

 

 

*

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 contract 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 the respective period end.

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. 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 period less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the 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. Expense Ratios for the years ended 12/31/2022 and after include only contract expense levels that had units issued or outstanding during the reporting period. For contracts with only one expense ratio, the ratio is presented only under the Highest Expense Ratio.

¥

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

Total return is calculated from the effective date 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


                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 U.S. Small Cap Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

23,655

 

1,066

 

0.00

 

 

19.370490

 

14.64

 

2.25

 

 

28.188759

 

17.25

 

0.00

 

12/31/2022

 

23,091

 

1,201

 

0.00

 

 

16.896134

 

(15.93

)‡

2.25

 

 

24.042394

 

(14.02

)

0.00

 

12/31/2021

 

27,961

 

1,231

 

0.00

 

 

18.543057

 

26.64

 

2.80

 

 

27.963741

 

30.24

 

0.00

 

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

 

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

 

 

 

 

 

 

 

12/31/2023

 

391

 

14

 

0.00

 

 

26.362818

 

16.88

 

0.65

 

 

27.485052

 

17.17

 

0.40

 

12/31/2022

 

342

 

14

 

0.00

 

 

22.555753

 

(14.26

)

0.65

 

 

23.457257

 

(14.04

)

0.40

 

12/31/2021

 

142

 

5

 

0.00

 

 

26.306441

 

10.45

0.65

 

 

27.289778

 

18.05

 

0.40

 

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

 

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

 

 

 

 

 

 

 

12/31/2023

 

162,295

 

5,372

 

0.00

 

 

23.713402

 

8.98

 

2.80

 

 

40.639320

 

12.06

0.00

 

12/31/2022

 

166,673

 

6,090

 

0.00

 

 

21.760300

 

(10.55

)‡

2.80

 

 

31.052746

 

(8.79

)‡

0.85

 

12/31/2021

 

212,706

 

7,047

 

0.00

 

 

22.089697

 

22.21

 

3.36

 

 

39.426501

 

26.39

 

0.00

 

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

 

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

 

 

 

 

 

 

 

12/31/2023

 

84

 

2

 

0.00

 

 

37.446922

 

11.69

 

0.65

 

 

41.258374

 

11.92

 

0.45

 

12/31/2022

 

135

 

4

 

0.00

 

 

33.526807

 

(6.40

)‡

0.65

 

 

36.865724

 

(8.17

)‡

0.45

 

12/31/2021

 

64

 

2

 

0.00

 

 

40.144178

 

26.19

 

0.45

 

 

38.193637

 

22.00

 

0.40

 

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

 

JNL/T. Rowe Price Balanced Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

31,601

 

2,131

 

0.00

 

 

13.621006

 

15.01

 

2.05

 

 

16.609981

 

17.39

 

0.00

 

12/31/2022

 

28,135

 

2,197

 

0.00

 

 

11.843326

 

(19.30

)

2.05

 

 

14.149968

 

(17.64

)

0.00

 

12/31/2021

 

34,782

 

2,208

 

0.00

 

 

14.676596

 

4.95

2.05

 

 

17.180006

 

12.73

 

0.00

 

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

 

JNL/T. Rowe Price Balanced Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

94

 

6

 

0.00

 

 

15.955070

 

17.00

 

0.65

 

 

16.267766

 

17.29

 

0.40

 

12/31/2022

 

80

 

6

 

0.00

 

 

13.637276

 

(17.96

)

0.65

 

 

13.869848

 

(17.75

)‡

0.40

 

12/31/2021

 

6

 

0

 

0.00

 

 

16.622129

 

12.34

 

0.65

 

 

17.132252

 

12.67

 

0.35

 

12/31/2020+

 

6

 

0

 

0.00

 

 

14.796062

 

7.99

0.65

 

 

14.796062

 

7.99

0.65

 

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

 

 

 

 

 

 

 

12/31/2023

 

809,114

 

33,778

 

0.00

 

 

21.628432

 

15.74

 

2.30

 

 

27.401582

 

18.43

 

0.00

 

12/31/2022

 

666,960

 

32,551

 

0.00

 

 

18.686534

 

(13.95

)‡

2.30

 

 

23.137651

 

(11.95

)

0.00

 

12/31/2021

 

709,600

 

30,077

 

0.00

 

 

21.428330

 

15.03

 

2.46

 

 

26.277765

 

17.89

 

0.00

 

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

 

 

  

+

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 S&P SMid 60 Fund and JNL/MC JNL 5 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. The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL/T. Rowe Price Balanced Fund - Class I - 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 contract 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 the respective period end.

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. 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 period less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the 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. Expense Ratios for the years ended 12/31/2022 and after include only contract expense levels that had units issued or outstanding during the reporting period. For contracts with only one expense ratio, the ratio is presented only under the Highest Expense Ratio.

¥

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

Total return is calculated from the effective date 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


                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 I

 

 

 

 

 

 

 

12/31/2023

 

7,931

 

306

 

0.00

 

 

25.583632

 

17.72

0.90

 

 

26.934088

 

18.31

 

0.40

 

12/31/2022

 

6,464

 

294

 

0.00

 

 

22.243689

 

(12.23

)‡

0.65

 

 

22.766355

 

(12.01

)

0.40

 

12/31/2021

 

6,136

 

245

 

0.00

 

 

24.821892

 

17.13

 

0.90

 

 

25.872798

 

17.71

 

0.40

 

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

 

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

 

 

 

 

 

 

 

12/31/2023

 

669,920

 

5,508

 

0.00

 

 

86.959179

 

44.22

 

2.60

 

 

183.088097

 

48.00

 

0.00

 

12/31/2022

 

483,250

 

5,807

 

0.00

 

 

60.297813

 

(40.38

)‡

2.60

 

 

123.705376

 

(38.81

)

0.00

 

12/31/2021

 

839,035

 

6,079

 

0.00

 

 

69.658787

 

9.95

 

4.00

 

 

202.175403

 

14.43

 

0.00

 

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

 

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

 

 

 

 

 

 

 

12/31/2023

 

6,362

 

36

 

0.00

 

 

161.894945

 

47.50

 

0.65

 

 

173.912289

 

47.87

 

0.40

 

12/31/2022

 

3,716

 

31

 

0.00

 

 

109.756909

 

(39.03

)‡

0.65

 

 

117.610482

 

(38.88

)

0.40

 

12/31/2021

 

6,056

 

31

 

0.00

 

 

168.414848

 

6.17

0.90

 

 

192.423233

 

14.32

 

0.40

 

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

 

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

 

 

 

 

 

 

 

12/31/2023

 

369,365

 

2,291

 

0.00

 

 

117.418706

 

16.89

 

2.60

 

 

247.145225

 

19.96

 

0.00

 

12/31/2022

 

331,897

 

2,436

 

0.00

 

 

100.454817

 

(24.07

)‡

2.60

 

 

206.028322

 

(22.07

)‡

0.00

 

12/31/2021

 

462,820

 

2,605

 

0.00

 

 

61.050759

 

6.87

 

5.50

 

 

244.063237

 

12.58

 

0.30

 

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

 

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

 

 

 

 

 

 

 

12/31/2023

 

3,275

 

14

 

0.00

 

 

218.609888

 

19.54

 

0.65

 

 

234.837518

 

19.84

 

0.40

 

12/31/2022

 

2,712

 

14

 

0.00

 

 

182.875003

 

(22.34

)‡

0.65

 

 

195.960767

 

(22.14

)

0.40

 

12/31/2021

 

2,639

 

10

 

0.00

 

 

220.298937

 

12.23

 

0.90

 

 

251.693862

 

12.79

 

0.40

 

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

 

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

 

 

 

 

 

 

 

12/31/2023

 

66,027

 

6,353

 

0.00

 

 

8.619176

 

2.30

 

2.40

 

 

13.169914

 

4.78

 

0.00

 

12/31/2022

 

76,556

 

7,634

 

0.00

 

 

8.425228

 

(6.91

)‡

2.40

 

 

12.569002

 

(4.65

)

0.00

 

12/31/2021

 

80,700

 

7,570

 

0.00

 

 

8.486765

 

(3.14

)

2.81

 

 

13.182433

 

(0.38

)

0.00

 

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

 

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

 

 

 

 

 

 

 

12/31/2023

 

2,654

 

207

 

0.00

 

 

12.256307

 

4.38

 

0.65

 

 

12.810058

 

4.65

 

0.40

 

12/31/2022

 

3,865

 

315

 

0.00

 

 

11.741510

 

(4.91

)

0.65

 

 

12.241438

 

(4.67

)

0.40

 

12/31/2021

 

4,559

 

354

 

0.00

 

 

12.347198

 

(0.74

)

0.65

 

 

12.840863

 

(0.49

)

0.40

 

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

 

 

  

 

 

*

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 contract 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 the respective period end.

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. 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 period less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the 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. Expense Ratios for the years ended 12/31/2022 and after include only contract expense levels that had units issued or outstanding during the reporting period. For contracts with only one expense ratio, the ratio is presented only under the Highest Expense Ratio.

¥

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

Total return is calculated from the effective date 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


                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 U.S. High Yield Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

14,295

 

1,255

 

0.00

 

 

10.683796

 

11.26

 

2.05

 

 

12.505839

 

13.56

 

0.00

 

12/31/2022

 

11,341

 

1,117

 

0.00

 

 

9.602749

 

(16.54

)‡

2.05

 

 

11.012935

 

(14.81

)

0.00

 

12/31/2021

 

12,292

 

1,021

 

0.00

 

 

11.337156

 

2.43

 

2.31

 

 

12.927751

 

4.82

 

0.00

 

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

 

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

 

 

 

 

 

 

 

12/31/2023

 

81

 

7

 

0.00

 

 

12.148353

 

13.14

 

0.65

 

 

12.365825

 

13.45

 

0.40

 

12/31/2022

 

55

 

5

 

0.00

 

 

10.737180

 

(15.13

)

0.65

 

 

10.899444

 

(14.90

)

0.40

 

12/31/2021

 

61

 

5

 

0.00

 

 

12.652003

 

4.12

0.65

 

 

12.807876

 

4.29

 

0.40

 

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

 

JNL/T. Rowe Price Value Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

276,613

 

6,036

 

0.00

 

 

35.050729

 

9.09

 

2.60

 

 

64.858745

 

11.95

 

0.00

 

12/31/2022

 

256,681

 

6,188

 

0.00

 

 

32.130907

 

(13.77

)‡

2.60

 

 

57.934136

 

(11.51

)

0.00

 

12/31/2021

 

292,683

 

6,157

 

0.00

 

 

30.038925

 

24.98

 

3.60

 

 

65.466648

 

29.55

 

0.00

 

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

 

JNL/T. Rowe Price Value Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

3,436

 

54

 

0.00

 

 

58.617197

 

11.54

 

0.65

 

 

62.191107

 

11.82

 

0.40

 

12/31/2022

 

4,444

 

79

 

0.00

 

 

52.551098

 

(11.84

)

0.65

 

 

55.616339

 

(11.62

)

0.40

 

12/31/2021

 

4,594

 

72

 

0.00

 

 

59.609760

 

29.08

 

0.65

 

 

62.929648

 

29.41

 

0.40

 

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

 

JNL/Vanguard Growth ETF Allocation Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

150,665

 

11,176

 

0.00

 

 

12.768578

 

11.77

 

2.25

 

 

14.699997

 

14.31

 

0.00

 

12/31/2022

 

142,177

 

11,890

 

0.00

 

 

11.423836

 

(18.45

)

2.25

 

 

12.859997

 

(16.60

)

0.00

 

12/31/2021

 

188,199

 

12,960

 

0.00

 

 

14.008816

 

11.76

 

2.25

 

 

15.419997

 

14.31

 

0.00

 

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

 

JNL/Vanguard Growth ETF Allocation Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

6,621

 

453

 

0.00

 

 

14.497927

 

14.00

 

0.65

 

 

14.726384

 

14.28

 

0.40

 

12/31/2022

 

5,418

 

423

 

0.00

 

 

12.717450

 

(16.77

)

0.65

 

 

12.885706

 

(16.57

)

0.40

 

12/31/2021

 

6,141

 

399

 

0.00

 

 

15.280422

 

14.10

 

0.65

 

 

15.444039

 

12.32

 

0.40

 

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

 

JNL/Vanguard Moderate ETF Allocation Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

42,400

 

3,682

 

0.00

 

 

10.968096

 

7.83

 

2.05

 

 

12.469995

 

10.06

 

0.00

 

12/31/2022

 

39,806

 

3,754

 

0.00

 

 

10.171220

 

(15.78

)

2.05

 

 

11.329995

 

(14.04

)

0.00

 

12/31/2021

 

41,682

 

3,333

 

0.00

 

 

12.076382

 

4.22

 

2.05

 

 

13.179995

 

6.38

 

0.00

 

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

 

 

  

 

 

*

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 contract 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 the respective period end.

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. 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 period less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the 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. Expense Ratios for the years ended 12/31/2022 and after include only contract expense levels that had units issued or outstanding during the reporting period. For contracts with only one expense ratio, the ratio is presented only under the Highest Expense Ratio.

¥

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

Total return is calculated from the effective date 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


                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 Moderate ETF Allocation Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

1,631

 

131

 

0.00

 

 

12.299842

 

9.82

 

0.65

 

 

12.493101

 

10.09

 

0.40

 

12/31/2022

 

1,485

 

131

 

0.00

 

 

11.200316

 

(14.26

)

0.65

 

 

11.348473

 

(14.04

)

0.40

 

12/31/2021

 

1,523

 

116

 

0.00

 

 

13.062640

 

6.23

0.65

 

 

13.202649

 

6.40

 

0.40

 

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

 

JNL/Vanguard Moderate Growth ETF Allocation Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

62,532

 

5,010

 

0.00

 

 

11.917962

 

9.99

 

2.05

 

 

13.550006

 

12.26

 

0.00

 

12/31/2022

 

57,705

 

5,127

 

0.00

 

 

10.835490

 

(17.13

)

2.05

 

 

12.070006

 

(15.42

)

0.00

 

12/31/2021

 

62,934

 

4,672

 

0.00

 

 

13.075078

 

8.12

 

2.05

 

 

14.270003

 

10.36

 

0.00

 

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

 

JNL/Vanguard Moderate Growth ETF Allocation Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

5,167

 

382

 

0.00

 

 

13.355332

 

11.99

 

0.65

 

 

13.565848

 

12.27

 

0.40

 

12/31/2022

 

4,728

 

392

 

0.00

 

 

11.924985

 

(15.68

)

0.65

 

 

12.082795

 

(15.47

)

0.40

 

12/31/2021

 

5,229

 

367

 

0.00

 

 

14.142371

 

10.19

 

0.65

 

 

14.293841

 

9.39

 

0.40

 

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

 

JNL/WCM China Quality Growth Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

201

 

24

 

0.00

 

 

8.369583

 

(11.44

)‡

1.20

 

 

8.539969

 

(17.96

)‡

0.00

 

12/31/2022+

 

91

 

9

 

0.00

 

 

10.339230

 

3.39

1.00

 

 

10.349807

 

(4.51

)‡

0.85

 

JNL/WCM Focused International Equity Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

65,513

 

3,237

 

0.00

 

 

18.376648

 

13.81

 

2.30

 

 

23.283265

 

16.46

 

0.00

 

12/31/2022

 

53,842

 

3,055

 

0.00

 

 

16.146372

 

(30.31

)

2.30

 

 

19.993098

 

(28.69

)

0.00

 

12/31/2021

 

44,280

 

1,762

 

0.00

 

 

23.168768

 

14.42

 

2.30

 

 

28.037732

 

17.08

 

0.00

 

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

 

JNL/WCM Focused International Equity Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

900

 

39

 

0.00

 

 

22.321677

 

16.10

 

0.65

 

 

22.903298

 

16.39

 

0.40

 

12/31/2022

 

736

 

37

 

0.00

 

 

19.226767

 

(28.96

)

0.65

 

 

19.678568

 

(28.79

)

0.40

 

12/31/2021

 

1,241

 

45

 

0.00

 

 

27.066297

 

16.68

 

0.65

 

 

27.633279

 

16.97

 

0.40

 

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

 

JNL/Westchester Capital Event Driven Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

2,991

 

245

 

0.00

 

 

11.378590

 

4.31

 

2.05

 

 

13.593800

 

6.46

 

0.00

 

12/31/2022

 

3,194

 

275

 

0.00

 

 

10.908625

 

(5.25

)

2.05

 

 

12.768600

 

(3.29

)

0.00

 

12/31/2021

 

2,704

 

222

 

0.00

 

 

11.512660

 

0.87

 

2.05

 

 

13.202910

 

2.96

 

0.00

 

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

 

 

  

+

The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL/WCM China Quality Growth Fund - Class A - April 25, 2022.

*

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 contract 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 the respective period end.

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. 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 period less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the 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. Expense Ratios for the years ended 12/31/2022 and after include only contract expense levels that had units issued or outstanding during the reporting period. For contracts with only one expense ratio, the ratio is presented only under the Highest Expense Ratio.

¥

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

Total return is calculated from the effective date 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


                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

12/31/2023

 

8

 

1

 

0.00

 

 

13.105282

 

6.29

 

0.45

 

 

N/A

 

N/A

 

N/A

 

12/31/2022

 

9

 

1

 

0.00

 

 

12.329840

 

(3.47

)

0.45

 

 

N/A

 

N/A

 

N/A

 

12/31/2021

 

 

 

0.00

 

 

12.650849

 

2.38

 

0.90

 

 

13.037015

 

(2.26

)

0.40

 

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

 

JNL/Western Asset Global Multi-Sector Bond Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

26,023

 

2,613

 

0.00

 

 

8.876219

 

6.14

 

2.30

 

 

11.709624

 

8.60

 

0.00

 

12/31/2022

 

27,756

 

2,982

 

0.00

 

 

8.362803

 

(7.85

)‡

2.30

 

 

10.781950

 

(5.72

)

0.00

 

12/31/2021

 

33,729

 

3,367

 

0.00

 

 

8.841557

 

(6.74

)

2.56

 

 

11.435850

 

(4.33

)

0.00

 

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

 

JNL/Western Asset Global Multi-Sector Bond Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

53

 

5

 

0.00

 

 

11.735930

 

8.53

 

0.45

 

 

N/A

 

N/A

 

N/A

 

12/31/2022

 

48

 

4

 

0.00

 

 

10.309644

 

(6.12

)

0.65

 

 

10.813860

 

(5.93

)‡

0.45

 

12/31/2021

 

96

 

8

 

0.00

 

 

10.981161

 

(2.04

)‡

0.65

 

 

11.260801

 

(2.51

)

0.40

 

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

 

JNL/William Blair International Leaders Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

47,735

 

2,019

 

0.00

 

 

17.650597

 

10.06

 

2.45

 

 

32.665974

 

12.44

 

0.30

 

12/31/2022

 

47,158

 

2,218

 

1.73

 

 

16.036893

 

(26.83

)‡

2.45

 

 

29.050875

 

(25.25

)‡

0.30

 

12/31/2021

 

66,002

 

2,291

 

1.16

 

 

18.630039

 

2.99

 

3.06

 

 

42.097897

 

6.20

 

0.00

 

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

 

JNL/William Blair International Leaders Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

408

 

11

 

0.12

 

 

32.131233

 

12.55

 

0.65

 

 

34.505411

 

12.81

 

0.40

 

12/31/2022

 

371

 

11

 

2.14

 

 

28.547232

 

(25.30

)

0.65

 

 

30.588406

 

(25.12

)

0.40

 

12/31/2021

 

445

 

10

 

1.54

 

 

38.218304

 

1.92

0.65

 

 

40.851842

 

6.06

 

0.40

 

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

 

JNL/WMC Balanced Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

556,541

 

8,577

 

0.00

 

 

47.325208

 

10.30

2.50

 

 

96.321289

 

13.08

 

0.00

 

12/31/2022

 

520,356

 

8,950

 

0.00

 

 

39.288302

 

(16.32

)‡

2.80

 

 

85.180511

 

(13.95

)

0.00

 

12/31/2021

 

624,741

 

9,113

 

0.00

 

 

41.099780

 

14.83

 

3.30

 

 

98.990418

 

18.68

 

0.00

 

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

 

JNL/WMC Balanced Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

2,583

 

28

 

0.00

 

 

85.138813

 

12.69

 

0.65

 

 

91.457185

 

12.97

 

0.40

 

12/31/2022

 

2,105

 

26

 

0.00

 

 

75.553111

 

(14.25

)

0.65

 

 

80.958020

 

(14.03

)

0.40

 

12/31/2021

 

1,458

 

15

 

0.00

 

 

88.107546

 

18.27

 

0.65

 

 

94.175441

 

18.21

 

0.40

 

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

 

 

  

 

 

*

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 contract 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 the respective period end.

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. 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 period less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the 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. Expense Ratios for the years ended 12/31/2022 and after include only contract expense levels that had units issued or outstanding during the reporting period. For contracts with only one expense ratio, the ratio is presented only under the Highest Expense Ratio.

¥

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

Total return is calculated from the effective date 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


                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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/WMC Equity Income Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

57,944

 

3,721

 

0.00

 

 

14.990239

 

4.47

 

2.05

 

 

17.060009

 

6.62

 

0.00

 

12/31/2022

 

61,568

 

4,155

 

0.00

 

 

14.349227

 

(1.53

)‡

2.05

 

 

16.000016

 

0.50

 

0.00

 

12/31/2021

 

60,741

 

4,057

 

0.00

 

 

14.405411

 

22.77

 

2.32

 

 

15.920021

 

25.65

 

0.00

 

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

 

JNL/WMC Equity Income Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

1,522

 

91

 

0.00

 

 

16.439757

 

6.05

 

0.90

 

 

16.962462

 

6.58

 

0.40

 

12/31/2022

 

1,520

 

96

 

0.00

 

 

15.501798

 

(0.10

)

0.90

 

 

15.915138

 

0.40

 

0.40

 

12/31/2021

 

1,329

 

84

 

0.00

 

 

15.516574

 

24.87

 

0.90

 

 

15.851090

 

25.49

 

0.40

 

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

 

JNL/WMC Global Real Estate Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

48,803

 

2,928

 

0.00

 

 

13.796924

 

6.93

 

2.45

 

 

21.796643

 

9.58

 

0.00

 

12/31/2022

 

46,478

 

3,010

 

0.00

 

 

12.902551

 

(29.33

)‡

2.45

 

 

19.891313

 

(27.58

)

0.00

 

12/31/2021

 

69,241

 

3,199

 

0.00

 

 

16.493820

 

22.86

 

3.06

 

 

27.466849

 

26.67

 

0.00

 

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

 

JNL/WMC Global Real Estate Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

61

 

3

 

0.00

 

 

20.165272

 

9.16

 

0.65

 

 

21.128298

 

9.43

 

0.40

 

12/31/2022

 

82

 

4

 

0.00

 

 

18.473596

 

(27.84

)

0.65

 

 

19.307723

 

(27.66

)

0.40

 

12/31/2021

 

101

 

4

 

0.00

 

 

25.602422

 

26.30

 

0.65

 

 

26.691857

 

22.92

 

0.40

 

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

 

JNL/WMC Government Money Market Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

123,654

 

10,139

 

4.30

 

 

9.423517

 

2.10

 

2.20

 

 

17.493111

 

4.37

 

0.00

 

12/31/2022

 

140,716

 

11,960

 

0.97

 

 

9.229351

 

(1.24

)‡

2.20

 

 

16.760712

 

0.95

 

0.00

 

12/31/2021

 

114,353

 

9,532

 

0.00

 

 

7.348366

 

(3.01

)

3.06

 

 

16.602604

 

0.00

 

0.00

 

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

 

JNL/WMC Government Money Market Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

3,195

 

202

 

4.83

 

 

15.256748

 

4.15

 

0.65

 

 

16.389029

 

4.41

 

0.40

 

12/31/2022

 

1,828

 

116

 

1.14

 

 

14.648552

 

0.66

 

0.65

 

 

15.696526

 

0.91

 

0.40

 

12/31/2021

 

4,450

 

287

 

0.15

 

 

14.552840

 

(0.61

)

0.65

 

 

15.555136

 

(0.36

)

0.40

 

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

 

JNL/WMC Value Fund - Class A

 

 

 

 

 

 

 

12/31/2023

 

54,209

 

1,028

 

0.00

 

 

41.736589

 

6.41

 

2.60

 

 

64.527900

 

8.61

 

0.55

 

12/31/2022

 

53,396

 

1,089

 

0.00

 

 

39.222204

 

(7.27

)‡

2.60

 

 

59.413241

 

(5.36

)‡

0.55

 

12/31/2021

 

59,586

 

1,140

 

0.00

 

 

34.762647

 

22.47

 

3.62

 

 

65.867685

 

26.60

 

0.30

 

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

 

 

  

 

 

*

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 contract 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 the respective period end.

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. 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 period less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the 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. Expense Ratios for the years ended 12/31/2022 and after include only contract expense levels that had units issued or outstanding during the reporting period. For contracts with only one expense ratio, the ratio is presented only under the Highest Expense Ratio.

¥

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

Total return is calculated from the effective date 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


                       

JNLNY Separate Account I

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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/WMC Value Fund - Class I

 

 

 

 

 

 

 

12/31/2023

 

55

 

1

 

0.00

 

 

66.328555

 

11.04

 

0.65

 

 

N/A

 

N/A

 

N/A

 

12/31/2022

 

 

 

0.00

 

 

61.556004

 

(6.14

)

0.60

 

 

N/A

 

N/A

 

N/A

 

12/31/2021

 

 

 

0.00

 

 

71.451200

 

26.79

 

0.45

 

 

67.433905

 

21.86

 

0.40

 

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

 

 

  

 

 

*

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 contract 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 the respective period end.

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. 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 period less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the 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. Expense Ratios for the years ended 12/31/2022 and after include only contract expense levels that had units issued or outstanding during the reporting period. For contracts with only one expense ratio, the ratio is presented only under the Highest Expense Ratio.

¥

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

See Notes to the Financial Statements.

144


JNLNY Separate Account I

Notes to Financial Statements

December 31, 2023

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 currently contains two hundred forty-six (246) Investment Divisions as of December 31, 2023. These two hundred forty-six (246) Investment Divisions each invested in shares of the following mutual funds (each a "Fund" and collectively the “Funds”) as of and during the year ended December 31, 2023:

  

JNL® Series Trust

 

JNL Aggressive Growth Allocation Fund - Class A(1)

JNL/JPMorgan Hedged Equity Fund - Class A

JNL Aggressive Growth Allocation Fund - Class I(1)

JNL/JPMorgan Hedged Equity Fund - Class I

JNL Bond Index Fund - Class I

JNL/JPMorgan MidCap Growth Fund - Class A

JNL Conservative Allocation Fund - Class A(1)

JNL/JPMorgan MidCap Growth Fund - Class I

JNL Conservative Allocation Fund - Class I(1)

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

JNL Emerging Markets Index Fund - Class I

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

JNL Growth Allocation Fund - Class A(1)

JNL/JPMorgan U.S. Value Fund - Class A

JNL Growth Allocation Fund - Class I(1)

JNL/JPMorgan U.S. Value Fund - Class I

JNL International Index Fund - Class I

JNL/Lazard International Strategic Equity Fund - Class A

JNL iShares Tactical Growth Fund - Class A

JNL/Lazard International Strategic Equity Fund - Class I

JNL iShares Tactical Growth Fund - Class I

JNL/Loomis Sayles Global Growth Fund - Class A

JNL iShares Tactical Moderate Fund - Class A

JNL/Loomis Sayles Global Growth Fund - Class I

JNL iShares Tactical Moderate Fund - Class I

JNL/Lord Abbett Short Duration Income Fund - Class A

JNL iShares Tactical Moderate Growth Fund - Class A

JNL/Lord Abbett Short Duration Income Fund - Class I

JNL iShares Tactical Moderate Growth Fund - Class I

JNL/Mellon Bond Index Fund - Class A

JNL Mid Cap Index Fund - Class I

JNL/Mellon Bond Index Fund - Class I

JNL Moderate Allocation Fund - Class A(1)

JNL/Mellon Communication Services Sector Fund - Class A

JNL Moderate Allocation Fund - Class I(1)

JNL/Mellon Communication Services Sector Fund - Class I

JNL Moderate Growth Allocation Fund - Class A(1)

JNL/Mellon Consumer Discretionary Sector Fund - Class A

JNL Moderate Growth Allocation Fund - Class I(1)

JNL/Mellon Consumer Discretionary Sector Fund - Class I

JNL Multi-Manager Alternative Fund - Class A

JNL/Mellon Consumer Staples Sector Fund - Class A

JNL Multi-Manager Alternative Fund - Class I

JNL/Mellon Consumer Staples Sector Fund - Class I

JNL Multi-Manager Emerging Markets Equity Fund - Class A

JNL/Mellon Dow Index Fund - Class A

JNL Multi-Manager Emerging Markets Equity Fund - Class I

JNL/Mellon Dow Index Fund - Class I

JNL Multi-Manager International Small Cap Fund - Class A

JNL/Mellon Emerging Markets Index Fund - Class A

JNL Multi-Manager International Small Cap Fund - Class I

JNL/Mellon Emerging Markets Index Fund - Class I

JNL Multi-Manager Mid Cap Fund - Class A

JNL/Mellon Energy Sector Fund - Class A

JNL Multi-Manager Mid Cap Fund - Class I

JNL/Mellon Energy Sector Fund - Class I

JNL Multi-Manager Small Cap Growth Fund - Class A

JNL/Mellon Financial Sector Fund - Class A

JNL Multi-Manager Small Cap Growth Fund - Class I

JNL/Mellon Financial Sector Fund - Class I

JNL Multi-Manager Small Cap Value Fund - Class A

JNL/Mellon Healthcare Sector Fund - Class A

JNL Multi-Manager Small Cap Value Fund - Class I

JNL/Mellon Healthcare Sector Fund - Class I

JNL S&P 500 Index Fund - Class I

JNL/Mellon Industrials Sector Fund - Class A

JNL Small Cap Index Fund - Class I

JNL/Mellon Industrials Sector Fund - Class I

JNL/AB Sustainable Global Thematic Fund - Class A

JNL/Mellon Information Technology Sector Fund - Class A

JNL/AB Sustainable Global Thematic Fund - Class I

JNL/Mellon Information Technology Sector Fund - Class I

JNL/American Funds Balanced Fund - Class A

JNL/Mellon International Index Fund - Class A

JNL/American Funds Balanced Fund - Class I

JNL/Mellon International Index Fund - Class I

JNL/American Funds Bond Fund of America Fund - Class A

JNL/Mellon Materials Sector Fund - Class A

JNL/American Funds Bond Fund of America Fund - Class I

JNL/Mellon Materials Sector Fund - Class I

145


JNLNY Separate Account I

Notes to Financial Statements

December 31, 2023

  

JNL® Series Trust

 

JNL/American Funds Capital Income Builder Fund - Class A

JNL/Mellon Nasdaq® 100 Index Fund - Class A

JNL/American Funds Capital Income Builder Fund - Class I

JNL/Mellon Nasdaq® 100 Index Fund - Class I

JNL/American Funds Capital World Bond Fund - Class A

JNL/Mellon Real Estate Sector Fund - Class A

JNL/American Funds Capital World Bond Fund - Class I

JNL/Mellon Real Estate Sector Fund - Class I

JNL/American Funds Global Growth Fund - Class A

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

JNL/American Funds Global Growth Fund - Class I

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

JNL/American Funds Global Small Capitalization Fund - Class A

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

JNL/American Funds Global Small Capitalization Fund - Class I

JNL/Mellon Small Cap Index Fund - Class A

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

JNL/Mellon Small Cap Index Fund - Class I

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

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

JNL/American Funds Growth Fund - Class A

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

JNL/American Funds Growth Fund - Class I

JNL/Mellon Utilities Sector Fund - Class A

JNL/American Funds Growth-Income Fund - Class A

JNL/Mellon Utilities Sector Fund - Class I

JNL/American Funds Growth-Income Fund - Class I

JNL/Mellon World Index Fund - Class A

JNL/American Funds International Fund - Class A

JNL/Mellon World Index Fund - Class I

JNL/American Funds International Fund - Class I

JNL/MFS Mid Cap Value Fund - Class A

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

JNL/MFS Mid Cap Value Fund - Class I

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

JNL/Morningstar PitchBook Listed Private Equity Index Fund - Class A

JNL/American Funds New World Fund - Class A

JNL/Morningstar U.S. Sustainability Index Fund - Class A

JNL/American Funds New World Fund - Class I

JNL/Morningstar U.S. Sustainability Index Fund - Class I

JNL/American Funds Washington Mutual Investors Fund - Class A

JNL/Morningstar Wide Moat Index Fund - Class A

JNL/American Funds Washington Mutual Investors Fund - Class I

JNL/Morningstar Wide Moat Index Fund - Class I

JNL/AQR Large Cap Defensive Style Fund - Class A

JNL/Neuberger Berman Commodity Strategy Fund - Class A

JNL/AQR Large Cap Defensive Style Fund - Class I

JNL/Neuberger Berman Gold Plus Strategy Fund - Class A

JNL/Baillie Gifford International Growth Fund - Class A

JNL/Neuberger Berman Strategic Income Fund - Class A

JNL/Baillie Gifford International Growth Fund - Class I

JNL/Neuberger Berman Strategic Income Fund - Class I

JNL/Baillie Gifford U.S. Equity Growth Fund - Class A

JNL/Newton Equity Income Fund - Class A

JNL/BlackRock Global Allocation Fund - Class A

JNL/Newton Equity Income Fund - Class I

JNL/BlackRock Global Allocation Fund - Class I

JNL/PIMCO Income Fund - Class A

JNL/BlackRock Global Natural Resources Fund - Class A

JNL/PIMCO Income Fund - Class I

JNL/BlackRock Global Natural Resources Fund - Class I

JNL/PIMCO Investment Grade Credit Bond Fund - Class A

JNL/BlackRock Large Cap Select Growth Fund - Class A

JNL/PIMCO Investment Grade Credit Bond Fund - Class I

JNL/BlackRock Large Cap Select Growth Fund - Class I

JNL/PIMCO Real Return Fund - Class A

JNL/Causeway International Value Select Fund - Class A

JNL/PIMCO Real Return Fund - Class I

JNL/Causeway International Value Select Fund - Class I

JNL/PPM America Floating Rate Income Fund - Class A

JNL/ClearBridge Large Cap Growth Fund - Class A

JNL/PPM America Floating Rate Income Fund - Class I

JNL/ClearBridge Large Cap Growth Fund - Class I

JNL/PPM America High Yield Bond Fund - Class A

JNL/DFA International Core Equity Fund - Class A

JNL/PPM America High Yield Bond Fund - Class I

JNL/DFA International Core Equity Fund - Class I

JNL/PPM America Total Return Fund - Class A

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

JNL/PPM America Total Return Fund - Class I

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

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

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

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

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

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

JNL/DoubleLine Core Fixed Income Fund - Class A

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

JNL/DoubleLine Core Fixed Income Fund - Class I

JNL/T. Rowe Price Balanced Fund - Class A

JNL/DoubleLine Emerging Markets Fixed Income Fund - Class A

JNL/T. Rowe Price Balanced Fund - Class I

JNL/DoubleLine Emerging Markets Fixed Income Fund - Class I

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

JNL/DoubleLine Shiller Enhanced CAPE Fund - Class A

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

JNL/DoubleLine Shiller Enhanced CAPE Fund - Class I

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

JNL/DoubleLine Total Return Fund - Class A

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

JNL/DoubleLine Total Return Fund - Class I

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

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

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

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

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

JNL/First Sentier Global Infrastructure Fund - Class A

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

JNL/First Sentier Global Infrastructure Fund - Class I

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

146


JNLNY Separate Account I

Notes to Financial Statements

December 31, 2023

  

JNL® Series Trust

 

JNL/Franklin Templeton Income Fund - Class A

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

JNL/Franklin Templeton Income Fund - Class I

JNL/T. Rowe Price Value Fund - Class A

JNL/Goldman Sachs 4 Fund - Class A

JNL/T. Rowe Price Value Fund - Class I

JNL/Goldman Sachs 4 Fund - Class I

JNL/Vanguard Growth ETF Allocation Fund - Class A

JNL/Goldman Sachs Managed Aggressive Growth Fund - Class A

JNL/Vanguard Growth ETF Allocation Fund - Class I

JNL/Goldman Sachs Managed Aggressive Growth Fund - Class I

JNL/Vanguard Moderate ETF Allocation Fund - Class A

JNL/Goldman Sachs Managed Conservative Fund - Class A

JNL/Vanguard Moderate ETF Allocation Fund - Class I

JNL/Goldman Sachs Managed Conservative Fund - Class I

JNL/Vanguard Moderate Growth ETF Allocation Fund - Class A

JNL/Goldman Sachs Managed Growth Fund - Class A

JNL/Vanguard Moderate Growth ETF Allocation Fund - Class I

JNL/Goldman Sachs Managed Growth Fund - Class I

JNL/WCM China Quality Growth Fund - Class A

JNL/Goldman Sachs Managed Moderate Fund - Class A

JNL/WCM Focused International Equity Fund - Class A

JNL/Goldman Sachs Managed Moderate Fund - Class I

JNL/WCM Focused International Equity Fund - Class I

JNL/Goldman Sachs Managed Moderate Growth Fund - Class A

JNL/Westchester Capital Event Driven Fund - Class A

JNL/Goldman Sachs Managed Moderate Growth Fund - Class I

JNL/Westchester Capital Event Driven Fund - Class I

JNL/GQG Emerging Markets Equity Fund - Class A

JNL/Western Asset Global Multi-Sector Bond Fund - Class A

JNL/GQG Emerging Markets Equity Fund - Class I

JNL/Western Asset Global Multi-Sector Bond Fund - Class I

JNL/Harris Oakmark Global Equity Fund - Class A

JNL/William Blair International Leaders Fund - Class A

JNL/Harris Oakmark Global Equity Fund - Class I

JNL/William Blair International Leaders Fund - Class I

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

JNL/WMC Balanced Fund - Class A

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

JNL/WMC Balanced Fund - Class I

JNL/Invesco Diversified Dividend Fund - Class A

JNL/WMC Equity Income Fund - Class A

JNL/Invesco Diversified Dividend Fund - Class I

JNL/WMC Equity Income Fund - Class I

JNL/Invesco Global Growth Fund - Class A

JNL/WMC Global Real Estate Fund - Class A

JNL/Invesco Global Growth Fund - Class I

JNL/WMC Global Real Estate Fund - Class I

JNL/Invesco Small Cap Growth Fund - Class A

JNL/WMC Government Money Market Fund - Class A

JNL/Invesco Small Cap Growth Fund - Class I

JNL/WMC Government Money Market Fund - Class I

JNL/JPMorgan Global Allocation Fund - Class A

JNL/WMC Value Fund - Class A

JNL/JPMorgan Global Allocation Fund - Class I

JNL/WMC Value Fund - Class I

(1) The Fund is a Fund of Funds 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 and JNL/PPM America Total Return Fund.

The net assets are affected by the investment results of each underlying mutual fund, and contract transactions are affected by contract owner directions 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.

A contract owner may choose from 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.

147


JNLNY Separate Account I

Notes to Financial Statements

December 31, 2023

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 average cost method is used in determining the cost of the shares sold on withdrawals by the Investment Divisions of the Separate Account. Investment transactions 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 a 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.

Fair Value Measurement. As of December 31, 2023, 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.

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

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 imposed if the contract value is less than $50,000 on the date when the charge is assessed.

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:

148


JNLNY Separate Account I

Notes to Financial Statements

December 31, 2023

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%. This charge is assessed through a redemption of contract units.

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. This charge is assessed through a redemption of contract units.

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. This charge is assessed through a redemption of contract units.

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. This charge is assessed through a redemption of contract units or as a reduction of contract value, depending on the optional death benefit selected.

Advisory Fees. Some of the contracts are designed for contract owners who have hired a third party investment adviser to manage their contract value for a fee. In some circumstances, and pursuant to specific administrative rules developed to comply with a Private Letter Ruling Jackson obtained from the Internal Revenue Service on the topic, Jackson will facilitate the direct deduction of these fees from the contract with direct payment to the third party investment adviser. The amount of these fees vary and are set pursuant to written agreements between the contract owner and their third party investment adviser. Pursuant to its administrative rules and the Private Letter Ruling, Jackson caps the amount of advisory fees that may be directly deducted in this manner at an annual amount of either 1.25% or 1.50% of the contract’s cash value depending upon whether add-on benefits have been elected by the contract owner. When advisory fees are deducted from the contract pursuant to Jackson’s administrative rules, Jackson does not treat the deduction of such fees as a taxable distribution.

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% of the contract value. Currently, New York does not impose premium taxes.

NOTE 4. Related Party Transactions

For contract enhancement benefits related to the optional benefits offered, Jackson contributed $10,141 and $3,958 to the Separate Account in the form of additional premium to contract owners’ accounts for the years ended December 31, 2023 and 2022, 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 Account through the date the financial statements were issued and has concluded there are no events that require adjustments to the financial statements or disclosure in the notes.

149




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KPMG LLP
Aon Center Suite 5500
200 E. Randolph Street Chicago, IL 60601-6436


Report of Independent Registered Public Accounting Firm

To the Board of Directors 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 JNLNY Separate Account I (the Separate Account), as of December 31, 2023, the related statements of operations for the year then ended, the statements of changes in net assets for each of the years or periods in the two-year period then ended 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 December 31, 2023, the results of their operations for the year then ended, the changes in their net assets for each of 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, 2023, by correspondence with the transfer agent of the underlying mutual funds. 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.

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We have served as the auditor of one or more Jackson National Life Insurance Company’s Separate Accounts since 1999.
Chicago, Illinois March 28, 2024






KPMG LLP, 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.




Appendix

Statements of assets and liabilities as of December 31, 2023, 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 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
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 Capital Income Builder Fund - Class A
JNL/American Funds Capital Income Builder Fund - Class I
JNL/American Funds Capital World Bond Fund - Class A
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
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/American Funds Washington Mutual Investors Fund - Class A
JNL/American Funds Washington Mutual Investors Fund - Class I
JNL/AQR Large Cap Defensive Style Fund - Class A
JNL/AQR Large Cap Defensive Style Fund - Class I
JNL/Baillie Gifford International Growth Fund - Class A
JNL/Baillie Gifford International Growth 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
JNL/BlackRock Large Cap Select Growth Fund - Class A
JNL/BlackRock Large Cap Select Growth 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 International Core Equity Fund - Class A
JNL/DFA International Core Equity 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 Sentier Global Infrastructure Fund - Class A
JNL/First Sentier Global Infrastructure Fund - Class I
JNL/Franklin Templeton Income Fund - Class A
JNL/Franklin Templeton Income Fund - Class I
JNL/Goldman Sachs 4 Fund - Class A



JNL/Goldman Sachs 4 Fund - Class I
JNL/Goldman Sachs Managed Aggressive Growth Fund - Class A
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
JNL/Goldman Sachs Managed Moderate Growth Fund - Class A
JNL/Goldman Sachs Managed Moderate Growth 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
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
JNL/Invesco Small Cap Growth Fund - Class A
JNL/Invesco Small Cap Growth Fund - Class I
JNL/JPMorgan Global Allocation Fund - Class A
JNL/JPMorgan Global Allocation 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
JNL/JPMorgan U.S. Government & Quality Bond Fund - Class A
JNL/JPMorgan U.S. Government & Quality Bond Fund - Class I
JNL/JPMorgan U.S. Value Fund - Class A
JNL/JPMorgan U.S. Value 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
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
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 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 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 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 U.S. Stock Market Index Fund - Class A
JNL/Mellon U.S. Stock Market Index Fund - Class I
JNL/Mellon Utilities Sector Fund - Class A
JNL/Mellon Utilities Sector Fund - Class I
JNL/Mellon World Index Fund - Class A
JNL/Mellon World Index Fund - Class I
JNL/MFS Mid Cap Value Fund - Class A
JNL/MFS Mid Cap Value Fund - Class I
JNL/Morningstar U.S. Sustainability Index Fund - Class A
JNL/Morningstar U.S. Sustainability Index 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/Newton Equity Income Fund - Class A



JNL/Newton Equity 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 Total Return Fund - Class A
JNL/PPM America Total Return 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
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
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 Growth ETF Allocation Fund - Class A
JNL/Vanguard Growth ETF Allocation 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/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/Western Asset Global Multi-Sector Bond Fund - Class A
JNL/Western Asset Global Multi-Sector Bond Fund - Class I
JNL/William Blair International Leaders Fund - Class A
JNL/William Blair International Leaders Fund - Class I
JNL/WMC Balanced Fund - Class A



JNL/WMC Balanced Fund - Class I
JNL/WMC Equity Income Fund - Class A



JNL/WMC Equity Income Fund - Class I
JNL/WMC Global Real Estate Fund - Class A
JNL/WMC Global Real Estate 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
JNL Bond Index Fund - Class I
JNL Emerging Markets Index Fund - Class I
JNL International Index Fund - Class I
JNL Mid Cap Index Fund - Class I
JNL Multi-Manager International Small Cap Fund - Class I
JNL Small Cap Index Fund - Class I
JNL/American Funds Bond Fund of America Fund - Class A
JNL/American Funds Bond Fund of America Fund - Class I
JNL/Baillie Gifford U.S. Equity Growth Fund - Class A JNL/Morningstar Pitchbook Listed Private Equity Index Fund Class A


Statements of assets and liabilities as of December 31, 2023, and the related statements of operations for the year then ended and the statements of changes in net assets for the year then ended and for the period from April 25, 2022 (inception) to December 31, 2022

JNL/AB Sustainable Global Thematic Fund Class A
JNL/AB Sustainable Global Thematic Fund - Class I
JNL/Neuberger Berman Gold Plus Strategy Fund - Class A
JNL/WCM China Quality Growth Fund - Class A











nyjnllogoa.jpg
















Jackson National Life Insurance
Company of New York

Statutory Financial Statements

For the years ended
December 31, 2023





1





Jackson National Life Insurance Company of New York

Index to Statutory Financial Statements
________________________________________________________________________________________________

    Capital and Surplus as of December 31, 2023 and 2022
    December 31, 2023, 2022, and 2021
    ended December 31, 2023, 2022, and 2021
    ended December 31, 2023, 2022, and 2021



2


KPMG LLP
Aon Center
Suite 5500
200 E. Randolph Street
Chicago, IL 60601-6436


Independent Auditors' Report

The Audit, Compensation, and Risk Management Committee of the Board of Directors
Jackson National Life Insurance Company of New York:

Opinions

We have audited the financial statements of Jackson National Life Insurance Company of New York (the Company), which comprise the statutory statements of admitted assets, liabilities, capital and surplus as of December 31, 2023 and 2022, and the related statutory statements of operations, capital and surplus, and cash flow for each of the years in the three-year period ended December 31, 2023, and the related notes to the statutory financial statements.

Unmodified Opinion on Statutory Basis of Accounting

In our opinion, the accompanying financial statements present fairly, in all material respects, the admitted assets, liabilities, capital and surplus of the Company as of December 31, 2023 and 2022, and the results of its operations and its cash flow for each of the years in the three-year period ended December 31, 2023, in accordance with accounting practices prescribed or permitted by the New York State Department of Financial Services described in Note 2.

Adverse Opinion on U.S. Generally Accepted Accounting Principles

In our opinion, because of the significance of the matter discussed in the Basis for Adverse Opinion on U.S. Generally Accepted Accounting Principles section of our report, the financial statements do not present fairly, in accordance with U.S. generally accepted accounting principles, the financial position of the Company as of December 31, 2023 and 2022, or the results of its operations or its cash flows for the three-year period ended December 31, 2023.

Basis for Opinions

We conducted our audits in accordance with auditing standards generally accepted in the United States of America (GAAS). Our responsibilities under those standards are further described in the Auditors’ Responsibilities for the Audit of the Financial Statements section of our report. We are required to be independent of the Company and to meet our other ethical responsibilities, in accordance with the relevant ethical requirements relating to our audits. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions.

Basis for Adverse Opinion on U.S. Generally Accepted Accounting Principles

As described in Note 2 to the financial statements, the financial statements are prepared by the Company using accounting practices prescribed or permitted by the New York State Department of Financial Services, which is a basis of accounting other than U.S. generally accepted accounting principles. Accordingly, the financial statements are not intended to be presented in accordance with U.S. generally accepted accounting principles. The effects on the financial statements of the variances between the statutory accounting practices described in Note 2 and U.S. generally accepted accounting principles, although not reasonably determinable, are presumed to be material and pervasive.

3


Responsibilities of Management for the Financial Statements

Management is responsible for the preparation and fair presentation of the financial statements in accordance with accounting practices prescribed or permitted by the New York State Department of Financial Services. Management is also responsible for the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, management is required to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the Company’s ability to continue as a going concern for one year after the date that the financial statements are issued.

Auditors’ Responsibilities for the Audit of the Financial Statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditors’ report that includes our opinion. Reasonable assurance is a high level of assurance but is not absolute assurance and therefore is not a guarantee that an audit conducted in accordance with GAAS will always detect a material misstatement when it exists. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Misstatements are considered material if there is a substantial likelihood that, individually or in the aggregate, they would influence the judgment made by a reasonable user based on the financial statements.

In performing an audit in accordance with GAAS, we:

● Exercise professional judgment and maintain professional skepticism throughout the audit.

● Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and design and perform audit procedures responsive to those risks. Such procedures include examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements.

● Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control. Accordingly, no such opinion is expressed.

● Evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of the financial statements.

● Conclude whether, in our judgment, there are conditions or events, considered in the aggregate, that raise substantial doubt about the Company’s ability to continue as a going concern for a reasonable period of time.

We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit, significant audit findings, and certain internal control related matters that we identified during the audit.

4


Supplementary Information

Our audits were conducted for the purpose of forming an opinion on the financial statements as a whole. The supplementary information included in the Supplemental Schedule of Selected Financial Data, Supplemental Investment Risks Interrogatories, Summary Investment Schedule, and Reinsurance Risk Interrogatories is presented for purposes of additional analysis and is not a required part of the financial statements but is supplementary information required by the New York State Department of Financial Services. Such information is the responsibility of management and was derived from and relates directly to the underlying accounting and other records used to prepare the financial statements. The information has been subjected to the auditing procedures applied in the audits of the financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the financial statements or to the financial statements themselves, and other additional procedures in accordance with GAAS. In our opinion, the information is fairly stated in all material respects in relation to the financial statements as a whole.

/s/ KPMG LLP

Chicago, Illinois
April 1, 2024

5



Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Statutory Statements of Admitted Assets, Liabilities, Capital and Surplus
(In thousands, except share information)

December 31,
20232022
Admitted Assets
Bonds$1,299,498 $1,317,391 
Cash and cash equivalents30,770 56,849 
Common stock - unaffiliated708 807 
Receivables for securities496 384 
Securities lending reinvested collateral assets3,565 9,463 
Policy loans376 356 
Total cash and invested assets1,335,413 1,385,250 
Investment income due and accrued10,416 10,069 
Income tax receivable from parent — 1,740 
Net deferred tax asset20,652 — 
Receivable from parent11,273 2,031 
Amounts due from reinsurers160,598 152,924 
Other admitted assets100 180 
Admitted disallowed IMR10,892 — 
Separate account assets15,871,446 13,943,778 
Total admitted assets$17,420,790 $15,495,972 
Liabilities, Capital and Surplus
Liabilities:
Aggregate reserves for life, accident and health and annuity contracts$627,158 $729,135 
Liability for deposit-type contracts8,717 9,177 
Policy and contract claims14,167 20,366 
Asset valuation reserve12,138 10,872 
General expenses and taxes due and accrued4,024 3,577 
Accrued transfers to separate accounts(37,206)(33,925)
Federal income tax19,987 — 
Payable to parent165,531 192,033 
Payable for securities lending3,565 9,463 
Other liabilities11,201 8,368 
Separate account liabilities15,871,446 13,943,778 
Total liabilities16,700,728 14,892,844 
Capital and Surplus:
Capital stock (par value $1.15 per share; 50,000 shares authorized;
12,000 shares issued and outstanding)2,000 2,000 
Gross paid-in and contributed surplus503,859 503,859 
Unassigned surplus203,311 97,269 
Special surplus funds10,892 — 
Total capital and surplus720,062 603,128 
Total liabilities, capital and surplus$17,420,790 $15,495,972 









See accompanying Notes to Statutory Financial Statements.

6



Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Statutory Statements of Operations
(In thousands)

Years Ended December 31,
202320222021
Income:
Premiums and annuity considerations$101,132 $118,033 $148,746 
Fee income38,391 38,092 39,113 
Net investment income (net of expenses of $1,999 in 2023, $2,051 in 2022, and $1,901 in 2021)47,067 43,248 44,749 
Commissions and expense allowances on reinsurance ceded120,145 132,682 148,285 
Total other income280 — — 
Total income307,015 332,055 380,893 
Benefits and other deductions:
Death benefits53 323 125 
Surrenders and annuity benefits216,055 177,095 197,462 
Interest and adjustments on policy funds and deposit-type contracts(424)(159)147 
Change in aggregate reserves(101,977)90,879 (36,469)
Commissions109,260 122,762 147,847 
General insurance expenses25,060 25,324 16,228 
Taxes, licenses and fees1,221 1,008 1,216 
Change in loading on deferred and uncollected premium19 (47)
Net transfers to (from) separate accounts(53,767)(29,847)4,330 
Reinsurance on in-force business(624)(1,340)(2,754)
Total benefits and other deductions194,876 386,048 328,085 
Gain (loss) from operations before federal income tax expense and net realized capital losses112,139 (53,993)52,808 
Federal income tax expense (benefit)20,594 (961)4,426 
Gain (loss) from operations before net realized capital losses91,545 (53,032)48,382 
Net realized capital gains (losses), less capital gains tax benefit of nil in 2023, $137 in 2022, and tax expense of $5 in 2021, excluding tax benefit of $185 in 2023, $309 in 2022, and tax expense of $1,290 in 2021 transferred to the IMR(428)(909)16 
Net income (loss)$91,117 $(53,941)$48,398 

























See accompanying Notes to Statutory Financial Statements.

7



Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Statutory Statements of Capital and Surplus
(In thousands)

Surplus
Capital Gross paid-inSpecial
stockand contributedFundsUnassignedTotal
Balances at December 31, 2020$2,000 $494,697 $— $111,066 $607,763 
Net income— — — 48,398 48,398 
Change in net unrealized capital gains and losses— — — (168)(168)
Change in asset valuation reserve— — — (1,208)(1,208)
Change in non-admitted assets— — — 674 674 
Paid-in surplus— 9,162 — — 9,162 
Change in surplus as a result of reinsurance— — — (2,754)(2,754)
Balances at December 31, 20212,000 503,859 — 156,008 661,867 
Net loss— — — (53,941)(53,941)
Change in net unrealized capital gains and losses— — — (98)(98)
Change in asset valuation reserve— — — (898)(898)
Change in non-admitted assets— — — (2,392)(2,392)
Change in surplus as a result of reinsurance— — — (1,339)(1,339)
Change in net deferred income tax— — — (71)(71)
Balances at December 31, 2022
2,000 503,859 — 97,269 603,128 
Net income— — — 91,117 91,117 
Change in net unrealized capital gains and losses— — — 260 260 
Change in asset valuation reserve— — (1,266)(1,266)
Change in non-admitted assets— — — 6,726 6,726 
Change in surplus as a result of reinsurance— — — (624)(624)
Change in special surplus funds— — 10,892 (10,892)— 
Change in net deferred income tax— — — 20,721 20,721 
Balances at December 31, 2023
$2,000 $503,859 $10,892 $203,311 $720,062 




















See accompanying Notes to Statutory Financial Statements.

8




9



Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Statutory Statements of Cash Flow
(In thousands)

Years Ended December 31,
202320222021
Cash from operations:
Operating receipts:
Premiums and annuity considerations$74,593 $35,891 $137,087 
Net investment income47,402 42,716 45,361 
Other162,453 170,987 203,931 
Total cash received from operations284,448 249,594 386,379 
Operating disbursements:
Benefit payments301,033 96,407 266,253 
Commissions, general expenses and taxes134,448 150,738 165,543 
Net transfers to separate accounts(123,440)(118,658)(9,424)
Federal income taxes(1,318)50 (186)
Total cash disbursed from operations310,723 128,537 422,186 
Net cash (used in) provided by operations(26,275)121,057 (35,807)
Cash from investments:
Proceeds from investments sold, matured, or repaid:
Bonds sold28,457 34,207 74,590 
Bond repayments, maturities, calls and redemptions92,998 107,077 113,898 
Total bonds121,455 141,284 188,488 
Miscellaneous5,898 
Total investment proceeds127,353 141,287 188,491 
Cost of investments acquired:
Bonds108,606 244,161 200,636 
Miscellaneous112 8,943 903 
Total investments acquired108,718 253,104 201,539 
Net (increase) decrease in policy loans(20)(7)51 
Net cash provided by (used in) investments18,615 (111,824)(12,997)
Cash from financing and miscellaneous sources:
Cash provided (applied):
Paid in surplus— — 9,162 
Net deposits on deposit-type contracts(6,171)(5,299)(9,696)
Other(12,248)6,996 (2,026)
Net cash (used in) provided by financing and miscellaneous sources(18,419)1,697 (2,560)
Net change in cash and cash equivalents(26,079)10,930 (51,364)
Cash and cash equivalents at beginning of year56,849 45,919 97,283 
Cash and cash equivalents at end of year$30,770 $56,849 $45,919 
Cash flow information for non-cash transactions:
Transfer of debt securities for debt securities and/or equity securities$4,108 $5,698 $10,388 
Non-cash financial assets transferred to parent$— $61,375 $— 






See accompanying Notes to Statutory Financial Statements.

10


Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Statutory Financial Statements
_____________________________________________________________________________________________________

Note 1 - Organization

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 ultimate parent, Jackson Financial Inc. ("Jackson Financial"). 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. There is not substantial doubt about the Company’s ability to continue as a going concern.

Note 2 - Summary of Significant Accounting Policies

Basis of Presentation
The accompanying financial statements have been prepared in accordance with accounting practices prescribed or permitted by the New York State Department of Financial Services (“statutory”), which vary in some respects from U.S. generally accepted accounting principles (“GAAP”) and include the following:

1.the costs related to acquiring business, principally commissions, bonus interest on certain products and certain policy issue and underwriting costs, are charged to income in the year incurred and, thus, are not capitalized and amortized over the periods benefited;

2.future policy benefit reserves for life insurance are based on statutory mortality and interest requirements without the consideration of withdrawals;

3.the Commissioners’ Annuity Reserve Valuation Method (“CARVM”) expense allowance associated with statutory reserving practices for deferred variable annuities held in the separate accounts is reported in the general account as a negative liability;

4.assets must be included in the statement of admitted assets, liabilities, capital and surplus at “admitted asset value,” with “non-admitted assets” excluded through a charge to surplus;

5.an asset valuation reserve (“AVR”) is established by a direct charge to surplus to offset future potential credit related investment losses;

6.bonds are generally carried at amortized cost and, for investments carried at fair value, changes in investment valuations are recorded in surplus (under GAAP, these investments are generally carried at fair value, amortized cost for policy loans, with changes in valuation recorded in other comprehensive income);

7.current expected credit losses (“CECL”) on certain financial assets are not included herein, but are required for GAAP;

8.realized gains and losses, net of tax, resulting from changes in interest rates on fixed income investments are deferred in the interest maintenance reserve (“IMR”) and amortized into investment income over the approximate remaining life of the investment sold;

9.gains or losses resulting from market value adjustments (“MVA”) on policies and contracts backed by assets that are valued at book/adjusted carrying value are deferred in the IMR and amortized in a manner consistent with the determination of the MVA;

10.premiums for universal life and certain investment-type products are recognized as income, but are accounted for as deposits to policyholders' accounts under GAAP;

11.a net deferred tax asset (“DTA”), for the tax effect of timing differences between book and tax assets and liabilities, is only reported as an admitted asset to the extent that it is realizable within three years, and represents less than 15% of capital and surplus (adjusted to exclude any net DTAs, electronic data processing (“EDP”) equipment and operating system software and any net positive goodwill), subject to limits set by Statement of Statutory Accounting Principles (“SSAP”) No. 101, with the change in net DTA or liability being recorded directly to surplus;

12.reserve credits for reinsurance ceded are netted against the reserve liability, but are reported as assets under GAAP;
11


Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Statutory Financial Statements
_____________________________________________________________________________________________________

13.net after tax gains on reinsurance transactions comprised of contracts in force at the date of the transaction are excluded from net income and recorded directly to surplus, and amortized into income as earnings emerge from the business reinsured;

14.statements of cash flow are prepared under a prescribed format, which differs from the indirect format under GAAP; and

15.there is no presentation of comprehensive income.

The effects on the financial statements of the variances between the statutory accounting practices described above and US generally accepted accounting principles, although not reasonably determinable, are presumed to be material and pervasive.

Certain amounts in the 2022 and 2021 statutory financial statements have been reclassified to conform to the 2023 presentation.

The New York State Department of Financial Services (“NYDFS”) recognizes statutory accounting practices prescribed or permitted by the state of New York for determining and reporting the financial condition and results of operations of an insurance company, and for determining its solvency under New York Insurance Law. The NYDFS has adopted in its entirety, subject to certain conflicts and exceptions with New York Insurance Law, the National Association of Insurance Commissioners’ (“NAIC”) Accounting Practices and Procedures Manual (“NAIC SAP”).

A Continuous CARVM reserve basis is prescribed for New York domiciled companies. In NAIC SAP, the application of Curtate CARVM reserve valuation is required. The Company’s fixed annuity reserves are not valued under Curtate CARVM according to NAIC SAP, but rather, are valued under Continuous CARVM according to New York Insurance Law. If the application of Curtate CARVM reserve valuation were used, statutory capital and surplus would be increased by $254 thousand and $305 thousand as of December 31, 2023 and 2022, respectively. Additionally, net income would have decreased by $51 thousand, increased by $61 thousand, and decreased by $125 thousand for the years then ended December 31, 2023, 2022, and 2021, 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 incorporates VM-21 but also includes an additional floor calculation for purposes of defining minimum reserve standards. The Company’s reserves are not valued solely under VM-21 according to NAIC SAP, but rather, are 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 be increased by $23.0 million and $27.7 million as of December 31, 2023 and 2022, respectively. Additionally, net income would be decreased by $4.7 million, increased by $1.9 million, and decreased by $0.8 million for the years then ended December 31, 2023, 2022, and 2021, 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 regulation. If reserves were established according to NAIC SAP, statutory capital and surplus would be decreased by $239 thousand and increased by $1,233 thousand as of December 31, 2023 and 2022, respectively. Additionally, net income would be decreased by $1.5 million, increased by $1.6 million, and increased by $0.3 million for the years then ended December 31, 2023, 2022, and 2021, respectively.

12


Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Statutory Financial Statements
_____________________________________________________________________________________________________
Reconciliation to NAIC SAP
A reconciliation of the Company's net income and capital and surplus between NAIC SAP and practices prescribed or permitted by the state of New York is shown in the following tables (in thousands):

Years Ended December 31,
202320222021
Net income (loss), as stated herein$91,117 $(53,941)$48,398 
Adjustments - prescribed practices:
  Continuous CARVM per New York basis(26,253)(23,021)(20,221)
  Curtate CARVM per NAIC SAP(26,202)(23,082)(20,096)
         Decrease (increase) in aggregate reserves to reflect curtate CARVM(51)61 (125)
VM-21 Reserve:
  VA reserve per New York basis(30,576)27,511 (14,193)
  VA reserve per NAIC SAP(25,835)25,638 (13,442)
         Decrease (increase) in aggregate reserves to reflect VM-21(4,741)1,873 (751)
VM-22 Reserve:
     IA reserve per New York basis548 765 (555)
  IA reserve per NAIC SAP2,004 (855)(885)
      Decrease (increase) in aggregate reserves to reflect VM-22(1,456)1,620 330 
  Additional reserves under asset adequacy testing— — — 
     Tax effect of prescribed practice adjustments(16)— (69)
Net income (loss), NAIC SAP$84,853 $(50,387)$47,783 
 December 31,
20232022
Statutory capital and surplus, as stated herein$720,061 $603,128 
Adjustments - prescribed practices:
  Continuous CARVM per New York basis310,232 336,485 
Curtate CARVM per NAIC SAP309,978 336,180 
Decrease (increase) in aggregate reserves to reflect curtate CARVM254 305 
VM-21 Reserve:
  VA reserve per New York basis164,970 195,546 
  VA reserve per NAIC SAP141,978 167,813 
    Decrease (increase) in aggregate reserves to reflect VM-2122,992 27,733 
VM-22 Reserve:
  IA reserve per New York basis67,903 67,355 
  IA reserve per NAIC SAP68,223 66,219 
      Decrease (increase) in aggregate reserves to reflect VM-22(320)1,136 
  Additional reserves under asset adequacy testing— — 
  Tax effect of prescribed practice differences81 97 
Statutory capital and surplus, NAIC SAP$743,068 $632,399 

New and Pending Accounting Pronouncements
In August 2023, the NAIC adopted revisions to SSAP No. 26R - Bonds; SSAP No. 43R - Loan-Backed and Structured Securities; and other SSAPs (e.g., SSAP No. 21R - Other Admitted Assets, and SSAP No. 86 - Derivatives) to incorporate the principles-based bond definition into statutory accounting guidance and amend the accounting for certain asset-backed securities and investments not classified as bonds. In December 2023, SSAP No. 2R - Cash, Cash Equivalents, Drafts, and Short-Term Investments, was also revised to exclude certain securities from being reported as a cash equivalents or short-term investments. The amendments are effective January 1, 2025. The Company is currently in the process of evaluating the impact of the new guidance.

13


Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Statutory Financial Statements
_____________________________________________________________________________________________________
Estimates
The preparation of the accompanying financial statements and notes 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 other-than-temporary; 2) assumptions used in calculating policy reserves and liabilities, including, but not limited to mortality rates, policyholder behavior, expenses, investment returns and policy crediting rates; 3) assumptions as to future earnings levels being sufficient to realize deferred tax benefits and whether or not certain deferred tax assets will reverse within three years; 4) estimates related to establishment of a liability for state guaranty fund assessments; and 5) assumptions and estimates associated with the Company’s tax positions which impact the amount of recognized tax benefits recorded by the Company, including an estimate of the dividends received deduction. 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 as 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.

Investments
Bonds, excluding loan-backed and structured securities, are stated at amortized cost except those with an NAIC designation of “6,” which are stated at the lower of amortized cost or fair value. Acquisition premiums and discounts are amortized into investment income through call or maturity dates using the effective interest method.

Jackson-NY recognizes an other-than-temporary impairment ("OTTI") for non-loan-backed securities when the Company does not expect full recovery of the amortized cost. These impairment losses are recognized in net realized capital losses for the full difference between fair value and amortized cost.

Loan-backed and structured securities, hereafter collectively referred to as “loan-backed securities,” are also stated at amortized cost except those with an NAIC carry rating of “6,” which are carried at the lower of amortized cost or fair value. The retrospective adjustment method is used to value loan-backed securities where the collection of all contractual cash flows is probable. For loan-backed securities where the collection of all contractual cash flows is not probable, the Company:

Recognizes the accretable yield over the life of the loan-backed security as determined at the acquisition or transaction date;
Continues to estimate cash flows expected to be collected at least quarterly; and
Recognizes an other-than-temporary impairment loss if the loan-backed security is impaired (i.e., the fair value is less than the amortized cost basis) and if the Company does not expect to recover the entire amortized cost basis when compared to the present value of cash flows expected to be collected.

Investments are reduced to estimated fair value (discounted cash flows for loan-backed securities) for declines in value that are determined to be other-than-temporary. In determining whether an other-than-temporary impairment has occurred, the Company considers a security’s forecasted cash flows as well as the severity and duration of depressed fair values.

If the Company intends to sell an impaired loan-backed security or does not have the intent and ability to retain the impaired loan-backed security for a period of time sufficient to recover the amortized cost basis, an other-than-temporary impairment has occurred. In these situations, the other-than-temporary impairment loss recognized is the difference between the amortized cost basis and fair value. For loan-backed securities, the credit portion of the recognized loss is recorded to the AVR and the non-credit portion is recorded to the IMR. If the Company does not expect to recover the entire amortized cost basis when compared to the present value of cash flows expected to be collected, it cannot assert that it has the ability to recover the loan-backed security’s amortized cost basis even though it has no intent to sell and has the intent and ability to retain the loan-backed security. Therefore, an other-than-temporary impairment has occurred and a realized loss is recognized for the non-interest related decline, which is calculated as the difference between the loan-backed security’s amortized cost basis and the present value of cash flows expected to be collected.

For situations where an other-than-temporary impairment is recognized, the previous amortized cost basis less the other-than-temporary impairment recognized as a realized loss becomes the new amortized cost basis of the loan-backed security. The new amortized cost basis is not adjusted for subsequent recoveries in fair value. Therefore, the prospective adjustment method is used for periods subsequent to other-than-temporary impairment loss recognition.

14


Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Statutory Financial Statements
_____________________________________________________________________________________________________
Preferred stocks are stated at cost, except those with a NAIC Securities Valuation Office rating of “4” to “6,” which are reported at the lower of cost or fair value.

Common stocks are stated at fair value.

Cash and short-term investments, which primarily include high quality money market instruments, are carried at amortized cost. These investments have original maturities of twelve months or less, and are considered cash equivalents for reporting cash flow.

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. Policy loans are carried at the unpaid principal balances.

Realized capital gains and losses are recorded at the date of sale and are calculated on a specific cost identification basis.

Life and Annuity Reserves
Aggregate reserves for life insurance policies are based on statutory mortality and interest requirements without consideration for withdrawals. The mortality and interest assumptions currently used are based upon either the 1980 Commissioners’ Standard Ordinary (CSO) Table with 4.0% to 4.5% interest rates, the 2001 Commissioners’ Standard Ordinary (CSO) Table with 3.5% to 4.0% interest rates, or the 2017 Commissioners’ Standard Ordinary (CSO) Table with 3.0% to 4.0% interest rates.

Reserves for variable annuity products and related guarantees are determined using New York Regulation 213, which incorporates VM-21. Reserves are set equal to the stochastic reserve plus the additional standard projection amount, subject to additional floor calculations. The stochastic reserve calculation uses prudent estimate assumptions for items such as expenses, mortality and policyholder behavior, as well as “real world” stochastically generated equity and interest rate scenarios. The additional standard projection amount and standard scenario floor calculations are based on assumptions prescribed by the regulation. The option value floor for contracts issued on or after January 1, 2020 is based on the standard scenario prescribed assumptions, but using stochastically generated arbitrage free interest rates and equity return paths.

All other annuity reserves are established with an interest rate assumption ranging from 1.0% to 7.0% and are carried at the greater of surrender value or the greatest present value of the guaranteed benefits discounted at statutory valuation interest rates.

Interest Maintenance Reserve
The Company is required to maintain an IMR, which is a reserve for the net, after tax, accumulated unamortized realized gains and losses on sales of fixed income investments primarily attributable to changes in interest rates. Net realized gains and losses charged or credited to the IMR are amortized into investment income over the approximate remaining life of the investment sold using the grouped method.

Gains or losses resulting from MVA on policies and contracts backed by assets that are valued at book/adjusted carrying value are deferred in the IMR and amortized in a manner consistent with the determination of the MVA using the grouped method.

15


Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Statutory Financial Statements
_____________________________________________________________________________________________________
The following table provides the adjusted capital and surplus as of the most recently filed statement, the amount of net negative (disallowed) IMR in aggregate and allocated between the general account, insulated separate account and non-insulated accounts, and the percentage of adjusted capital and surplus for which the admitted net negative (disallowed) IMR represents (in thousands):

Capital and surplus of most recently filed statement$708,010 
Less:
Goodwill— 
EDP equipment and operating system software— 
Net deferred tax asset— 
Admitted net negative disallowed IMR10,171 
Adjusted capital & surplus$697,839 
Net negative (disallowed IMR)Negative IMR admittedPercentage of adjusted capital and surplus
General account$10,892 $10,892 1.6 %
Insulated separate account— — — %
Non-insulated separate account— — — %
$10,892 $10,892 1.6 %

Fixed income investments generating IMR losses comply with the Company's documented investment or liability management policies. Any deviation was either because of a temporary and transitory timing issue or related to a specific event that mechanically made the cause of IMR losses not reflective of reinvestment activities. Asset sales were not compelled by liquidity pressures.

Asset Valuation Reserve
The Company is required to maintain an AVR, which is computed in accordance with a formula prescribed by the NAIC and represents a provision for potential credit related investment losses. Changes in the AVR are recorded directly to surplus.

Revenue and Expense Recognition
Premiums for traditional life insurance are recognized as revenue when due. Annuity considerations are recognized as revenue when collected. Fee income is recognized as revenue when earned. Commission and expense allowances, which represent commission and expense reimbursements related to reinsurance ceded to other companies, are recognized as revenue when due. The CARVM allowance represents the excess of separate account contract values over statutory reserves for variable annuities and variable life contracts and is reported in accrued transfers to separate accounts. Benefits, claims and expenses (including the change in CARVM allowance) are recognized when incurred. Commissions, general expenses, and taxes, licenses and fees, including costs of acquiring new business, are charged to operations as incurred.

Investment Income
Income due and accrued on investments where collection is not likely has been excluded from net investment income. For the years ended December 31, 2023, 2022, and 2021, no investment income was excluded.

The following table provides the gross, nonadmitted and admitted amounts for interest income due and accrued (in thousands):

Interest Income Due and AccruedAmount
1. Gross$10,416 
2. Nonadmitted$— 
3. Admitted$10,416 

At both December 31, 2023 and December 31, 2022 the Company had nil aggregate deferred interest.

At December 31, 2023, 2022, and 2021, the Company had nil, nil, and $158 thousand cumulative amounts of paid-in-kind interest, respectively.

Federal Income Taxes
Federal income taxes are charged to operations based on current taxable income. Current year federal income tax expense is based on financial reporting income or loss adjusted for certain differences, which are the result of dissimilar financial reporting
16


Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Statutory Financial Statements
_____________________________________________________________________________________________________
and tax basis accounting methods, and the corporate alternative minimum tax. A net DTA, for the tax effect of timing differences between financial reporting and the tax basis of assets and liabilities, is allowed to be reported as an admitted asset only to the extent that it is realizable within three years up to 15% of capital and surplus (adjusted to exclude any net DTAs, EDP equipment and operating system software and any net positive goodwill), with the change in net deferred tax asset or liability being recorded directly to surplus. See Note 6 - Federal Income Taxes, for additional information on these accounting policies.

Non-admitted Assets
Certain assets designated as “non-admitted assets” (principally net DTAs not realizable within three years and agents’ debit balances) have been excluded from the statutory statements of admitted assets, liabilities, capital and surplus by a direct charge to surplus.

Separate Account Assets and Liabilities
The assets and liabilities associated with individual variable life and annuity contracts are segregated in non-guaranteed separate accounts. The Company receives fees for assuming mortality and certain expense risks and for providing guaranteed benefits under the variable annuity contracts. These fees are recorded as earned.

Subsequent Events
The Company has evaluated events through April 1, 2024, which is the date the financial statements were available to be issued.

Note 3 - Fair Value of Financial Instruments

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. Jackson-NY utilizes valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs. All financial assets and liabilities are required to be classified into one of the following categories:

Level 1    Observable 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 government securities and exchange traded equity securities and derivative instruments.

Level 2 Observable 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 included in Level 2.

Level 3 Valuations that are derived from techniques in which one or more of the significant inputs are unobservable (including assumptions about risk). Level 3 includes less liquid securities such as certain highly structured or lower quality asset-backed securities. Because Level 3 fair values, by their nature, contain unobservable market inputs, considerable judgment may be used to determine the Level 3 fair values. 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
17


Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Statutory Financial Statements
_____________________________________________________________________________________________________
and other factors. These fair values are estimates and involve considerable uncertainty and variability as a result of the inputs selected and may differ significantly 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.

The following is a discussion of the methodologies used to determine fair values of the financial instruments.

Bonds and Equity Securities
The fair values for bonds and equity 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 services do 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 as of 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 and are classified as Level 3.

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 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, 2023 and 2022, 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 are classified into Level 2 due to their use of market observable inputs.

18


Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Statutory Financial Statements
_____________________________________________________________________________________________________
At December 31, 2023 and 2022, bonds valued internally, including matrix-priced securities, had book/adjusted carrying value of $192.5 million and $174.9 million, respectively, and an estimated fair value of $180.0 million and $156.2 million, respectively.

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.
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 values of separate account liabilities are set equal to the values of separate account assets.

Annuity Reserves
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.

Payable for Securities Lending
The Company’s payable for securities lending 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.

Fair Value Measurements at Reporting Date
The following tables provide information about the Company’s financial assets and liabilities that are carried at fair value by hierarchy levels (in thousands):

December 31, 2023
Net Asset
Level 1Level 2Level 3Value (NAV)Total
Assets at fair value:
Common stock$— $708 $— $— $708 
Separate account assets— 15,871,446 — — 15,871,446 
Total assets at fair value$— $15,872,154 $— $— $15,872,154 

December 31, 2022
Net Asset
Level 1Level 2Level 3Value (NAV)Total
Assets at fair value:
Common stock$— $807 $— $— $807 
Separate account assets— 13,943,778 — — 13,943,778 
Total assets at fair value$— $13,944,585 $— $— $13,944,585 
There were no Level 3 assets measured at fair value at December 31, 2023 or 2022.
19


Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Statutory Financial Statements
_____________________________________________________________________________________________________
Aggregate Fair Value of the Company’s Financial Instruments
The following tables detail the aggregate fair value of the Company’s financial instruments (in thousands):

December 31, 2023Fair ValueAdmitted ValueLevel 1Level 2Level 3NAV
Assets at fair value:
Bonds$1,212,620 $1,299,498 $7,488 $1,201,971 $3,161 $— 
Common stock 708 708 — 708 — — 
Cash and cash equivalents30,770 30,770 30,770 — — — 
Policy loans376 376 — — 376 — 
Securities lending3,565 3,565 3,565 — — — 
Separate account assets15,871,446 15,871,446 — 15,871,446 — — 
Total assets at fair value$17,119,485 $17,206,363 $41,823 $17,074,125 $3,537 $— 
Liabilities at fair value:
Reserves for life insurance
        and annuities (1)
$152,676 $606,397 $— $— $152,676 $— 
Liability for deposit-type contracts7,047 8,717 — — 7,047 — 
Payable for securities lending3,565 3,565 — 3,565 — — 
Separate account liabilities15,871,446 15,871,446 — 15,871,446 — — 
Total liabilities at fair value$16,034,734 $16,490,125 $— $15,875,011 $159,723 $— 
(1) Annuity reserves represent only the components of deposits on investment contracts that are considered to be financial instruments.
December 31, 2022Fair ValueAdmitted ValueLevel 1Level 2Level 3NAV
Assets at fair value:
Bonds$1,187,049 $1,317,391 $7,301 $1,179,748 $— $— 
Common stock807 807 — 807 — — 
Cash and cash equivalents56,849 56,849 56,849 — — — 
Policy loans356 356 — — 356 — 
Securities lending9,463 9,463 9,463 — — — 
Separate account assets13,943,778 13,943,778 — 13,943,778 — — 
Total assets at fair value$15,198,302 $15,328,644 $73,613 $15,124,333 $356 $— 
Liabilities at fair value:
Reserves for life insurance
        and annuities (1)
$368,361 $859,152 $— $— $368,361 $— 
Liability for deposit-type contracts8,409 9,177 — — 8,409 — 
Payable for securities lending 9,463 9,463 — 9,463 — — 
Separate account liabilities13,943,778 13,943,778 — 13,943,778 — — 
Total liabilities at fair value$14,330,011 $14,821,570 $— $13,953,241 $376,770 $— 
(1) Annuity reserves represent only the components of deposits on investment contracts that are considered to be financial instruments.

There were no financial instruments for which it was not practicable to estimate fair value.

Note 4 - Investments

Investments are comprised primarily of debt securities, including publicly traded industrial, loan-backed, utility and government bonds. Loan-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 and life insurance products 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.

With the Company’s primarily fixed-rate securities portfolio, it is exposed to interest rate risk, which is the risk that interest rates will change and cause a change in the value of its investments. Additionally, changes in interest rates may cause certain interest-sensitive products to become uncompetitive or may cause disintermediation. The Company mitigates this risk by
20


Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Statutory Financial Statements
_____________________________________________________________________________________________________
charging fees for surrenders in early policy years, by offering products that transfer this risk to the purchaser and/or by attempting to match the maturity schedule of its assets with the expected payouts of its liabilities. To the extent that liabilities come due more quickly than assets mature, the Company could potentially have to borrow funds or sell assets prior to maturity and potentially recognize a gain or loss.

Debt Securities, Common and Preferred Stock
Debt securities consist of bonds and short-term investments. Cost or amortized cost, gross unrealized gains and losses, estimated fair value and book/adjusted carrying value of the Company's debt securities and unaffiliated equity investments are as follows (in thousands):

Cost orGrossGrossEstimatedBook/Adjusted
AmortizedUnrealizedUnrealizedFairCarrying
December 31, 2023CostGainsLossesValueValue
Governments$9,382 $— $478 $8,904 $9,382 
Industrial and miscellaneous1,059,294 3,304 75,677 986,921 1,059,294 
Residential mortgage-backed4,770 581 22 5,329 4,770 
Commercial mortgage-backed105,463 87 7,826 97,724 105,463 
Other asset-backed120,589 526 7,373 113,742 120,589 
Total debt securities1,299,498 4,498 91,376 1,212,620 1,299,498 
Common and preferred stock715 — 708 708 
Total securities$1,300,213 $4,498 $91,383 $1,213,328 $1,300,206 
Cost orGrossGrossEstimatedBook/Adjusted
AmortizedUnrealizedUnrealizedFairCarrying
December 31, 2022CostGainsLossesValueValue
Governments$9,513 $— $669 $8,844 $9,513 
Industrial and miscellaneous1,069,574 834 111,595 958,813 1,069,574 
Residential mortgage-backed5,297 759 27 6,029 5,297 
Commercial mortgage-backed122,744 10,383 112,368 122,744 
Other asset-backed110,263 127 9,395 100,995 110,263 
Total debt securities1,317,391 1,727 132,069 1,187,049 1,317,391 
Common and preferred stock1,143 — 336 807 807 
Total securities$1,318,534 $1,727 $132,405 $1,187,856 $1,318,198 

The amount of gross unrealized losses and the associated estimated fair value on debt securities and equity investments are as follows (in thousands):

Less than 12 months12 months or longerTotal
GrossEstimatedGrossEstimatedGrossEstimated
UnrealizedFairUnrealizedFairUnrealizedFair
December 31, 2023LossesValueLossesValueLossesValue
Governments$$1,416 $475 $7,488 $478 $8,904 
Industrial and miscellaneous91 20,407 75,586 829,949 75,677 850,356 
Residential mortgage-backed1,987 16 491 22 2,478 
Commercial mortgage-backed3,986 7,822 87,682 7,826 91,668 
Other asset-backed55 10,311 7,318 61,938 7,373 72,249 
Total debt securities159 38,107 91,217 987,548 91,376 1,025,655 
Common and preferred stock708 — — 708 
Total temporarily impaired
securities$166 $38,815 $91,217 $987,548 $91,383 $1,026,363 

21


Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Statutory Financial Statements
_____________________________________________________________________________________________________
Less than 12 months12 months or longerTotal
GrossEstimatedGrossEstimatedGrossEstimated
UnrealizedFairUnrealizedFairUnrealizedFair
December 31, 2022LossesValueLossesValueLossesValue
Governments$669 $8,844 $— $— $669 $8,844 
Industrial and miscellaneous69,010 751,662 42,585 165,786 111,595 917,448 
Residential mortgage-backed27 1,157 — 27 1,163 
Commercial mortgage-backed9,632 106,215 751 2,155 10,383 108,370 
Other asset-backed5,845 60,711 3,550 25,874 9,395 86,585 
Total debt securities85,183 928,589 46,886 193,821 132,069 1,122,410 
Common and preferred stock336 807 — — 336 807 
Total temporarily impaired
securities$85,519 $929,396 $46,886 $193,821 $—$132,405 $1,123,217 

Debt securities include investments in mortgage-backed securities which are collateralized by residential mortgage loans (“RMBS”) that are neither explicitly nor implicitly guaranteed by U.S. government agencies. The Company’s non-agency RMBS include investments in securities backed by prime, Alt-A, and subprime loans as follows (in thousands):

GrossGrossEstimatedBook/Adjusted
AmortizedUnrealizedUnrealizedFairCarrying
December 31, 2023CostGainsLossesValueValue
Prime$2,327 $159 $14 $2,472 $2,327 
Alt-A— 419 — 419 — 
Subprime1,566 — 1,564 1,566 
Total non-agency RMBS$3,893 $578 $16 $4,455 $3,893 
GrossGrossEstimatedBook/Adjusted
AmortizedUnrealizedUnrealizedFairCarrying
December 31, 2022CostGainsLossesValueValue
Prime$2,587 $57 $15 $2,629 $2,587 
Alt-A31 445 — 476 31 
Subprime1,554 253 — 1,807 1,554 
Total non-agency RMBS$4,172 $755 $15 $4,912 $4,172 


22


Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Statutory Financial Statements
_____________________________________________________________________________________________________
The Company defines its exposure to non-agency RMBS 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 660 or lower. 100% of the Company’s investments in Alt-A related mortgage-backed securities and 100% of the Company’s investments in subprime related mortgage-backed securities are rated investment grade by the NAIC.

Debt securities also include investments in securities which are collateralized by commercial mortgage loans (“CMBS”). The carrying value and estimated fair value of the Company’s investment in CMBS are $105.5 million and $97.7 million, respectively, at December 31, 2023. 100% of these investments are rated investment grade by the NAIC.

Of the total carrying value for bonds in an unrealized loss position at December 31, 2023, 99% were investment grade and 1% were below investment grade based on NAIC designation. Unrealized losses on bonds that were below investment grade comprised approximately 1% of the aggregate gross unrealized losses on debt securities.

Corporate bonds in an unrealized loss position were diversified across industries. As of December 31, 2023, the industries comprising the larger proportion of unrealized losses included financial services (16% of corporate gross unrealized losses) and utilities (10%). The largest unrealized loss related to a single corporate obligor was $1.0 million at December 31, 2023.

The amortized cost, gross unrealized gains and losses, estimated fair value and book/adjusted carrying value of debt securities at December 31, 2023, by contractual maturity, are shown below. Expected maturities may differ from contractual maturities where securities can be called or pre-paid with or without early redemption penalties.

Book/
GrossGrossEstimatedAdjusted
AmortizedUnrealizedUnrealizedFairCarrying
Maturity distributionCostGainsLossesValueValue
Due in 1 year or less$50,661 $17 $663 $50,015 $50,661 
Due after 1 year through 5 years485,548 657 18,785 467,420 485,548 
Due after 5 years through 10 years513,049 2,460 54,441 461,068 513,049 
Due after 10 years through 20 years13,421 152 1,928 11,645 13,421 
Due after 20 years5,997 18 338 5,677 5,997 
Residential mortgage-backed4,770 581 22 5,329 4,770 
Commercial mortgage-backed105,463 87 7,826 97,724 105,463 
Other asset-backed120,589 526 7,373 113,742 120,589 
Total debt securities$1,299,498 $4,498 $91,376 $1,212,620 $1,299,498 

Effective yields, which are used to calculate amortization, are adjusted periodically to reflect actual payments to date and anticipated future payments. Other than as discussed below for certain loan-backed securities, resultant adjustments to carrying values are included in investment income using the retrospective method. Prepayment assumptions for loan-backed securities were obtained from independent providers of broker-dealer estimates.

With regard to certain loan-backed securities that are deemed to be high-risk, meaning the Company might not recover substantially all of its recorded investment, changes in investment yields due to changes in estimated future cash flows are accounted for on a prospective basis. The book/adjusted carrying value of securities changing from the retrospective to the prospective methodology in 2023 and 2022 was nil and $1.6 million, respectively.

Debt securities are classified into six NAIC quality categories. These categories range from Class 1 (the highest) to Class 6 (the lowest). Performing securities are designated Classes 1 – 5. Securities in or near default are designated Class 6. Securities designated as Class 3, 4, 5, and 6 are non-investment grade securities. If a designation is not currently available from the NAIC, the Company’s investment advisor provides the designation. At December 31, 2023, the Company’s investment advisor provided the designation for debt securities with carrying value and estimated fair value of both $13.0 million. At December 31, 2022, the Company’s investment advisor did not provide the designation for carrying value and estimated fair value for debt securities

The NAIC approved guidance to adjust the ratings (NAIC 1 through NAIC 6) for CMBS, RMBS and certain asset-backed securities. For CMBS and RMBS, the guidance replaces nationally recognized statistical rating organizations (“NRSRO”)
23


Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Statutory Financial Statements
_____________________________________________________________________________________________________
ratings with a two-step process based upon the book and/or carrying values of each security and prices derived from models developed by an independent third party contracted by the NAIC. For certain asset-backed securities, the guidance replaces NRSRO ratings with a two-step process based upon the book and/or carrying values of each security and prices derived from generic models. This method acknowledges that securities which have a lower comparative carrying value would have a lower risk of further loss and, therefore, a higher rating.

The Company’s debt securities by NAIC designation are as follows at December 31, 2023 (in thousands):

GrossGrossEstimatedBook/Adjusted
Quality category perAmortizedUnrealizedUnrealizedFairCarrying
     NAIC designationCostGainsLossesValueValue
Class 1$669,678 $2,950 $43,577 $629,051 $669,678 
Class 2608,106 1,347 46,918 562,535 608,106 
Class 313,361 146 438 13,069 13,361 
Class 47,661 50 341 7,370 7,661 
Class 5692 102 595 692 
Class 6— — — — — 
Total debt securities$1,299,498 $4,498 $91,376 $1,212,620 $1,299,498 
The book/adjusted carrying value and fair value of debt securities in default that were anticipated to be income producing when purchased were both nil at December 31, 2023 and 2022. There were no debt securities that were non-income producing for the 12 months preceding December 31, 2023 and 2022.

Debt securities with a book/adjusted carrying value of $0.5 million at both December 31, 2023 and 2022, were on deposit with the state of New York.

Other-Than-Temporary Impairment
The Company periodically reviews its debt securities and equities on a case-by-case basis to determine if any decline in fair value to below cost or amortized cost is other-than-temporary. Factors considered in determining whether a decline is other-than-temporary include the length of time a security has been in an unrealized loss position, the severity of the unrealized loss and the reasons for the decline in value and expectations for the amount and timing of a recovery in fair value, and the Company’s intent and ability not to sell a security prior to a recovery in fair value. If it is determined that a decline in fair value of an investment is temporary, an impairment loss is not recorded. If the decline is considered to be other-than-temporary, a realized loss is recorded in the statement of operations. The AVR is also charged for the realized loss, with an offsetting credit to unassigned surplus.

Securities the Company determines are underperforming or potential problem securities are subject to regular review. To facilitate the review, securities with significant declines in value, or where other objective criteria evidencing credit deterioration have been met, are included on a watch list. Among the criteria for securities to be included on a watch list are: credit deterioration that has led to a significant decline in fair value of the security; 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.

In performing these reviews, the Company considers the relevant facts and circumstances relating to each investment and exercises considerable judgment in determining whether a security is other-than-temporarily impaired. Assessment factors include 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. This assessment may also involve assumptions regarding underlying collateral such as prepayment rates, default and recovery rates and third-party servicing capabilities.

Among the specific factors considered are whether the decline in fair value results from a change in the credit quality of the security itself, or from a downward movement in the market as a whole, and the likelihood of recovering the carrying value based on the near-term prospects of the issuer. Unrealized losses that are considered to be primarily the result of market conditions (e.g., minor increases in interest rates, temporary market illiquidity or volatility, or industry-related events) and where the Company also believes there exists a reasonable expectation for recovery in the near term are usually determined to
24


Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Statutory Financial Statements
_____________________________________________________________________________________________________
be temporary. To the extent that factors contributing to impairment losses recognized affect other investments, such investments are also reviewed for other-than-temporary impairment and losses are recorded when appropriate.

In addition to the review procedures described above, investments in asset-backed securities where market prices are depressed are subject to a review of their 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.

Even in the case of severely depressed market values on asset-backed securities, the Company places significant reliance on the results of its cash flow testing and its lack of an intent to sell these securities until their fair values recover when reaching other-than-temporary impairment conclusions with regard to these securities. Other-than-temporary impairment charges are recorded on asset-backed securities when the Company forecasts a contractual payment shortfall.

For mortgage-backed securities, credit impairment is 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. As of December 31, 2023 and 2022, assumed default rates for delinquent loans ranged from 10% to 100%. At December 31, 2023 and 2022, assumed loss severities were applied to generate and analyze cash flows of each bond and ranged from 10% to 40% and 15% to 35%, respectively.

Management develops specific assumptions using available market data, including internal estimates and references to data published by rating agencies and other third-party sources. These estimates are extrapolated along a default timing curve to estimate the total lifetime pool default rate.

The Company currently intends to hold securities with unrealized losses not considered other-than-temporary until they mature or for sufficient time to recover the amortized cost. However, if there are changes in the specific facts and circumstances surrounding a security, or the outlook for its industry sector, the Company may sell the security and realize a loss.

There were no loan-backed securities with a recognized other-than-temporary impairment where the Company has either the intent to sell the securities or may be forced to sell the securities prior to a recovery in value as of the statement date.

In 2023, 2022, and 2021, the Company recognized other-than-temporary impairments of $437 thousand, $195 thousand, and nil, respectively. See Note 13 for detail regarding securities with recognized other-than-temporary impairment charges during 2023, where the Company has (or had at the quarterly reporting date) the intent and ability to hold the securities for sufficient time to recover the amortized cost.

The following table summarizes other-than-temporary impairment charges recorded for the years ended December 31, 2023, 2022, and 2021 (in thousands):

202320222021
Residential mortgage-backed securities:
     Prime$— $195 $— 
Industrial and miscellaneous10 — — 
Common stock427 — — 
     Total other-than-temporary impairment charges$437 $195 $— 

25


Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Statutory Financial Statements
_____________________________________________________________________________________________________
Realized Gains and Losses on Investments
Net realized gains and losses on investments are as follows (in thousands):

Years Ended December 31,
202320222021
Sales of bonds:
    Gross gains$172 $462 $3,008 
    Gross losses(4,706)(3,740)(554)
Other assets— 
Other-than-temporary impairment losses(437)(195)— 
Net realized gains (losses)$(4,971)$(3,470)$2,457 
Net gains (losses) allocated to AVR$(428)$(1,046)$21 
Net gains (losses) allocated to IMR(4,543)(2,424)2,436 
Net realized gains (losses)$(4,971)$(3,470)$2,457 
Net gains (losses) allocated to AVR$(428)$(1,046)$21 
Tax benefit (expense)— 137 (5)
Reported net realized gains (losses)$(428)$(909)$16 

Loan-Backed and Structured Securities
The Company has no significant concentrations as defined in SSAP No. 27, Disclosure of Information about Financial Instruments with Off-Balance-Sheet Risk, Financial Instruments with Concentrations of Credit Risk and Disclosures about Fair Value of Financial Instruments, arising from its investment in loan-backed securities.

The following table summarizes loan-backed and structured securities in an unrealized loss position as of December 31, 2023 (in thousands):

Total<12 Months12+ Months
Fair value$166,395 $16,284 $150,111 
Unrealized loss$15,221 $65 $15,156 

The carrying value and fair value of all loan-backed and structured securities, regardless of whether the security was in an unrealized loss position, were $230.8 million and $216.8 million, respectively, at December 31, 2023.

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. As of December 31, 2023 and 2022, the estimated fair value of loaned securities was $3.4 million and $9.1 million, respectively. The agreement requires 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 the counterparties is monitored on a regular basis. At December 31, 2023 and 2022, unrestricted cash collateral received in the amount of $3.6 million and $9.5 million, respectively, was included in securities lending reinvested collateral assets of the Company. At December 31, 2023 and 2022, an offsetting liability for the overnight and continuous loan of $3.6 million and $9.5 million, respectively, is included in payable for securities lending on the accompanying Statutory Statements of Admitted Assets, Liabilities, Capital and Surplus.

26


Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Statutory Financial Statements
_____________________________________________________________________________________________________
Restricted Assets
At December 31, 2023, the Company has the following assets pledged to others as collateral or otherwise restricted (in thousands):

Gross RestrictedPercentage
Restricted Asset CategoryTotal General AccountTotal Prior YearIncrease/ (Decrease)Total Current Year Admitted RestrictedGross Restricted to Total AssetsAdmitted Restricted to Total Admitted Assets
On deposit with state$499 $499 $— $499 0.00 %0.00 %
Securities loaned for securities lending agreements3,759 9,736 (5,977)3,759 0.02 %0.02 %
Total restricted assets$4,258 $10,235 $(5,977)$4,258 0.03 %0.02 %

5GI Securities
The assignment of a 5GI designation to a debt security occurs when the necessary documentation for a full credit analysis does not exist but the security is current on all contractual payments and the Company expects the security to make full payment of all contractual principal and interest. At December 31, 2023 and 2022, the Company had no investments in debt securities with a 5GI designation.
Note 5 - Reinsurance

The Company cedes reinsurance to other 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, coinsurance or modified coinsurance basis. The Company regularly monitors the financial strength rating of its reinsurers.

The Company cedes 90% of the entire VA contract to its parent, Jackson, on a coinsurance basis (modified coinsurance for separate account liabilities). The agreement covers all existing and future issues of VA contracts issued by the Company. Premiums ceded to Jackson were $716.1 million, $980.1 million, and $1,320.3 million in 2023, 2022, and 2021, respectively. In second quarter 2022, the quarterly settlement due to Jackson totaled $107.2 million, which the Company settled by transferring $61.4 million of bonds and $45.8 million cash.

The Company cedes 100% of its guaranteed minimum income benefit on variable annuities to an unaffiliated third party. The reinsurance treaty contains certain maximum limits on annual benefits recoverable. Accordingly, the NYDFS has determined there is not sufficient risk transfer and thus does not permit the Company to record a reserve credit in the accompanying statutory financial statements.

The effect of reinsurance on premiums and benefits was as follows (in thousands):

Years Ended December 31,
202320222021
Direct premiums and annuity considerations$817,996 $1,098,943 $1,469,833 
Reinsurance ceded(716,864)(980,910)(1,321,087)
Total premiums and annuity considerations$101,132 $118,033 $148,746 
Direct benefits to policyholders and beneficiaries$1,606,350 $1,353,849 $1,602,003 
Reinsurance ceded (1,390,242)(1,176,431)(1,404,416)
Total benefits to policyholders and beneficiaries$216,108 $177,418 $197,587 

Policy reserves and liabilities are stated net of reinsurance ceded to other companies. Reserves ceded were $1,532.8 million and $1,956.6 million, including $1,531.4 million and $1,955.1 million ceded to Jackson at December 31, 2023 and 2022, respectively. At December 31, 2023 and 2022, the Company had $160.6 million and $152.9 million, respectively, due from reinsurers, of which $328.2 million and $334.4 million, respectively, related to reinsurance due from its Parent.

27


Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Statutory Financial Statements
_____________________________________________________________________________________________________
Note 6 - Federal Income Taxes

The Company is subject to federal income taxation as a life insurance company and files a consolidated federal income tax return with Brooke Life, Jackson, and Squire Reassurance Company II, Inc. The Company has entered into a written tax sharing agreement that is based on separate return calculations with benefits for credits and losses. The Company's portion of any Corporate Alternative Minimum Tax (“CAMT”) incurred or the benefit from CAMT credits is based on its share of the impact of CAMT for the consolidated group.

The Company is no longer subject to U.S. federal tax examinations by tax authorities for years prior to 2019. Tax years from 2019 to 2023 remain open under the statute of limitations.

Inflation Reduction Act
The Inflation Reduction Act (“IRA”), enacted on August 16, 2022, includes the CAMT, which was effective January 1, 2023. The Company is an applicable reporting entity that is part of a controlled group of corporations that is subject to the CAMT in 2023. At December 31, 2023 and 2022, the CAMT current tax was $20.7 million and nil, respectively. At December 31, 2023 and 2022, the CAMT had no impact on net capital and surplus. The CAMT was not applicable to the year ended December 31, 2021.

Net Deferred Tax Asset
The components of the net DTA at December 31 are as follows (in thousands):

December 31, 2023December 31, 2022Change
OrdinaryCapitalTotalOrdinaryCapitalTotalOrdinaryCapitalTotal
Total Gross Deferred Tax Assets$61,414 $91 $61,505 $53,099 $71 $53,170 $8,315 $20 $8,335 
Statutory valuation allowance37,470 — 37,470 47,725 — 47,725 (10,255)— (10,255)
Adjusted gross DTA23,944 91 24,035 5,374 71 5,445 18,570 20 18,590 
DTA nonadmitted— — — — — — — — — 
Subtotal net admitted DTA23,944 91 24,035 5,374 71 5,445 18,570 20 18,590 
Deferred tax liabilities(2,896)(487)(3,383)(4,369)(1,076)(5,445)1,473 589 2,062 
Net admitted DTA$21,048 $(396)$20,652 $1,005 $(1,005)$— $20,043 $609 $20,652 

28


Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Statutory Financial Statements
_____________________________________________________________________________________________________
Admission calculation components for SSAP No. 101 are as follows (in thousands):

December 31, 2023December 31, 2022Change
OrdinaryCapitalTotalOrdinaryCapitalTotalOrdinaryCapitalTotal
(a)Federal income taxes
   Paid in prior years
   recoverable through
   loss carrybacks$— $— $— $— $— $— $— $— $— 
(b)Adjusted gross DTA
   Expected to be realized
   after application of the
   threshold limitation
   (Lesser of (b)1 or
    (b)2 below)20,652 — 20,652 — — — 20,652 — 20,652 
1. Adjusted gross DTA
    Expected to be realized
    following the balance
    sheet date20,652 — 20,652 
2. Adjusted gross DTA
    Allowed per limitation
    threshold104,911 90,469 14,442 
(c)Adjusted gross DTA
   (Excluding the amount
   of DTA from (a) and
    (b) above) offset by
    gross DTL3,292 91 3,383 5,374 71 5,445 (2,082)20 (2,062)
(d)DTA admitted as the
result of application of
SSAP No. 101 $23,944 $91 $24,035 $5,374 $71 $5,445 $18,570 $20 $18,590 

20232022
Ratio percentage used to determine recovery
period and threshold limitation amount3,388.1 %2,582.1 %
Amount of adjusted capital and surplus used to
determine recovery period and threshold
limitation amount (in thousands)$699,409 $603,128 

The impact of tax planning strategies was as follows (in thousands):

December 31, 2023December 31, 2022Change
OrdinaryCapitalOrdinaryCapitalOrdinaryCapital
Determination of Adjusted
Gross DTA and Net Admitted DTA, by
Tax Character as a Percentage
1.Adjusted gross DTAs$23,944 $91 $5,374 $71 $18,570 $20 
2.Percentage of adjusted gross DTAs by
tax character attributable to the impact
of tax planning strategies%%%%%%
3.Net admitted adjusted gross DTAs$23,944 $91 $5,374 $71 $18,570 $20 
4.Percentage of net admitted adjusted
gross DTAs by tax character admitted
because of the impact of tax planning
strategies86 %%%%86 %%
29


Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Statutory Financial Statements
_____________________________________________________________________________________________________
At December 31, 2023 and December 31, 2022, the Company did not consider tax planning strategies for the determination of the amount of adjusted gross CAMT credit DTA. At December 31, 2023, the Company considered tax planning strategies in the determination of the amount of admitted CAMT Credit DTA which is 86% of the net admitted adjusted gross DTAs. At December 31, 2022, the Company did not have any CAMT Credit DTA to consider in the determination of the Admitted CAMT Credit DTA.

The Company's tax planning strategies do not include the use of reinsurance.

The main components of the deferred tax assets and deferred tax liabilities are as follows (in thousands):

20232022Change
Deferred tax assets resulting from book/tax differences in:
Ordinary:
Deferred acquisition costs$8,950 $9,353 $(403)
Deferred and uncollected premium36 29 
Insurance reserves29,724 39,969 (10,245)
Deferred compensation1,608 1,476 132 
Guaranteed fund assessment liability378 378 — 
Net operating loss carryforward— 588 (588)
Credit carryover20,670 1,251 19,419 
Other48 55 (7)
Total ordinary gross and adjusted
     gross deferred tax assets61,414 53,099 8,315 
Statutory valuation allowance adjustment(37,470)(47,725)10,255 
Deferred tax assets nonadmitted— — — 
Admitted ordinary gross deferred
     tax assets per NAIC SAP23,944 5,374 18,570 
Capital:
Investments90 — 90 
Unrealized losses71 (70)
Total capital gross and adjusted
     gross deferred tax assets91 71 20 
Statutory valuation allowance adjustment— — — 
Deferred tax assets nonadmitted— — — 
Admitted capital gross deferred
     tax assets per NAIC SAP91 71 20 
Total admitted deferred tax assets24,035 5,445 18,590 
Deferred tax liabilities resulting from book/tax differences in:
Ordinary:
Insurance reserves2,862 4,357 (1,495)
Other34 12 22 
Total ordinary deferred tax liabilities2,896 4,369 (1,473)
Total capital deferred tax liabilities487 1,076 (589)
Total deferred tax liabilities3,383 5,445 (2,062)
Total net admitted deferred tax asset$20,652 $— $20,652 

The application of SSAP No. 101, "Income Taxes for Accounting Guidance" requires a company to evaluate the recoverability of deferred tax assets and to establish a valuation allowance if necessary, to reduce the deferred tax asset to an amount which is more likely than not to be realized. Considerable judgment is required in determining whether a valuation allowance is necessary, and if so, the amount of such valuation allowance. In evaluating the need for a valuation allowance the Company considers many factors, including: (1) the nature of the deferred tax assets and liabilities; (2) whether they are ordinary or capital; (3) the timing of their reversal; (4) taxable income in prior carry back years as well as projected taxable earnings, exclusive of reversing temporary differences and carry forwards; (5) the length of time that carryovers can be utilized; (6) unique tax rules that would impact the utilization of the deferred tax assets; and, (7) any tax planning strategies that the
30


Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Statutory Financial Statements
_____________________________________________________________________________________________________
Company would employ to avoid a tax benefit from expiring unused. Due to the uncertainty of realization, management believes it is not more likely than not that the deferred tax assets under the regular tax system, net of valuation allowances, will be realized. The Company has recorded a valuation allowance of $37.5 million and $47.7 million against the net deferred tax balance under the regular tax system as of December 31, 2023 and 2022, respectively. There have been no adjustments to gross deferred tax assets for CAMT credit carryforwards because of a change in circumstances that causes a change in judgement about their realizability. All reporting entities of the controlled group have made an accounting policy election to disregard the effect of the CAMT system in determining the valuation allowance for deferred tax assets under the regular tax system. There were no material modifications to the methodology used to project CAMT.

The change in net deferred income taxes is comprised of the following (this analysis is exclusive of the nonadmitted DTAs as the Change in Nonadmitted Assets is reported separately from the Change in Net Deferred Income Taxes in the Statutory Statements of Capital and Surplus) (in thousands):

20232022Change
Total deferred tax assets$61,505 $53,170 $8,335 
Total deferred tax liabilities(3,383)(5,445)2,062 
Net deferred tax assets/liabilities58,122 47,725 10,397 
Statutory valuation allowance adjustment(37,470)(47,725)10,255 
Net DTA after statutory valuation allowance adjustment20,652 — 20,652 
Tax effect of unrealized (losses) gains(1)(71)70 
Statutory valuation allowance adjustment on unrealized— 
Change in net deferred income tax$20,651 $(71)$20,722 

There are no temporary differences for which deferred tax liabilities have not been recognized. Accordingly, there are no events that would cause unrecognized temporary differences to become taxable.

Taxes Incurred
Current income taxes incurred consist of the following major components (in thousands):

202320222021
Operations
  Federal taxes from operations$20,535 $(1,719)$(432)
  Foreign Tax Expense— — — 
Subtotal20,535 (1,719)(432)
  Federal taxes on capital gains(185)(446)1,295 
  Utilization of capital loss carry forwards— — — 
  Other59 758 4,858 
Total Federal current taxes incurred$20,409 $(1,407)$5,721 
Federal current taxes incurred are reflected in the accompanying statements as follows (in thousands):

202320222021
Federal current taxes incurred$20,594 $(961)$4,426 
Capital gains tax, excluding IMR taxes— (137)
Taxes transferred to IMR(186)(309)1,290 
Taxes on liability gains released from the IMR— — 
Total federal current taxes incurred$20,409 (1,407)$5,721 
31


Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Statutory Financial Statements
_____________________________________________________________________________________________________
A reconciliation of the more significant permanent book to tax differences and the related tax effects (at a 21% statutory rate) is as follows (in thousands):

202320222021
Income before taxes$107,169 $(57,463)$55,265 
Income taxes at statutory rate22,505 21 %(12,067)21 %11,606 21 %
Dividends received deduction(9,229)(9)%(10,269)18 %(10,654)(19)%
Interest maintenance reserve39 — %(83)— %(120)— %
Gain on reinsurance(131)— %(281)— %(578)(1)%
Impact of tax sharing agreement— — %— — %9,162 17 %
Impact of uncertain tax position— — %— — %(3,187)(6)%
Valuation allowance(10,255)(10)%22,853 (40)%2,683 %
Tax credits(3,288)(3)%(1,471)%(3,211)(6)%
Other47 — %(18)— %20 — %
Total$(312)(1)%$(1,336)%$5,721 11 %
Federal and foreign taxes incurred$20,594 $(961)$4,426 
Tax on capital losses(185)(446)1,295 
Change in net deferred taxes(20,721)71 — 
Total statutory taxes$(312)$(1,336)$5,721 

At December 31, 2023, the Company had no ordinary loss carryforwards. At December 31, 2022, the Company had an ordinary loss carryforward of $2.8 million originating from the 2022 tax year that may be carried forward indefinitely and used to offset up to 80% of taxable income in future periods. At December 31, 2023 and 2022, the Company had a foreign tax credit carryforward of $17.3 thousand and $1.3 million, respectively, that may be carried forward ten years. The company had no capital loss carryforwards.

The Company has no capital gains taxes paid in prior years that is available for recoupment.

The Company has no deposits under Internal Revenue Code Section 6603.

The Company does not believe that it is reasonably possible that the liability related to any federal or foreign tax loss contingencies will significantly increase within the next 12 months.

The Company does not owe any Repatriation Transition Tax (“RTT”) and has made no payment or expect to make any future payments to satisfy the RTT liability.

At December 31, 2023, the Company had an alternative minimum tax credit of $20.7 million originating from the 2023 tax year that may be carried forward indefinitely and was fully recognized as an admitted DTA. At December 31, 2022, the Company had no alternative minimum tax credits.

Note 7 - Capital, Surplus and Dividend Restrictions

The declaration of dividends which 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. At December 31, 2023, the Company had $91.1 million of earned surplus available for dividends, compared to $60.1 million at December 31, 2022. No dividends were paid to Jackson in 2023, 2022, or 2021.

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 (“ACL 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 ACL RBC (“company action level RBC”). At both December 31, 2023 and 2022, the Company’s TAC was more than 1000% of the company action level RBC.
32


Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Statutory Financial Statements
_____________________________________________________________________________________________________

Note 8 - Life and Annuity Reserves

The Company waives deductions of deferred fractional premiums upon death of the insured and returns premiums paid and due beyond the date of death. Surrender values are not promised in excess of the legally computed reserves.

Extra premiums are charged for substandard lives for policies issued on such lives in addition to the standard gross premium. Mean reserves are calculated as the regular mean reserve for the plan plus one half of the extra premium charged for the year.

The Company had $1.9 million and $2.0 million of insurance in force for which the gross premiums were less than the net premiums, at December 31, 2023 and 2022, respectively, according to the valuation standard set by the state of New York.

At December 31, 2023 and 2022, 92.8% and 91.2%, respectively, of annuity reserves and deposit liabilities were subject to surrender charges of at least 5% or at market value in the event of discretionary withdrawal by policyholders.

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 and life). The Company also issues variable annuity 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 contract adjusted for any partial withdrawals, or b) the highest contract 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 (guaranteed minimum death benefit (“GMDB”)), at annuitization (guaranteed minimum income benefit (“GMIB”)), or upon depletion of funds (guaranteed minimum withdrawal benefits (“GMWB”)). The GMIB is 100% reinsured with an unaffiliated reinsurer, and 90% of the entire VA contract is reinsured with Jackson.

GMIB benefits are reinsured, subject to aggregate annual claim limits. Deductibles also apply on reinsurance of GMIB business issued since March 1, 2005. Due to the inability to economically reinsure or hedge new issues of the GMIB, the Company discontinued offering the benefit in 2009.

Account balances of contracts with guarantees were invested in variable separate accounts as follows (in thousands):

December 31,
20232022
Fund type:
Equity$11,555,292 $9,803,805 
Bond1,415,663 1,379,670 
Balanced2,776,323 2,620,099 
Money market123,694 139,790 
Total$15,870,972 $13,943,364 

Reserves for variable annuities and associated guarantees are calculated using New York Regulation 213, which incorporates VM-21. Total direct reserves associated with guaranteed benefits were $301.8 million and $463.6 million at December 31, 2023 and 2022, respectively.

The Company offered variable universal life insurance from 2004 through 2006. Amounts in force were immaterial at December 31, 2023 and there were no minimum guaranteed benefits on these policies. Reserves are calculated according to New York Regulation 147.

33


Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Statutory Financial Statements
_____________________________________________________________________________________________________
An analysis of annuity reserves and deposit type contract liabilities by withdrawal characteristics is as follows (in thousands):

December 31, 2023
GuaranteedNonguaranteed
GeneralSeparateSeparate% of
AccountAccountAccountTotalTotal
Individual Annuities:
Subject to discretionary withdrawal:
With market value adjustment$242,868 $— $— $242,868 1.4 %
At book value without market value adjustment and
        adjustment and with current
        surrender charge of 5% or more133,212 — — 133,212 0.8 %
At fair value— — 15,532,810 15,532,810 90.6 %
At book value without market value
        adjustment and with current
        surrender charge less than 5%1,169,054 — — 1,169,054 6.8 %
Total subject to discretionary withdrawal1,545,134 — 15,532,810 17,077,944 99.6 %
Not subject to discretionary withdrawal40,317 — 21,275 61,592 0.4 %
Total gross1,585,451 — 15,554,085 17,139,536 100.0 %
Reinsurance ceded1,237,262 — — 1,237,262 
Total, net of reinsurance$348,189 $— $15,554,085 $15,902,274 

December 31, 2022
GuaranteedNonguaranteed
GeneralSeparateSeparate% of
AccountAccountAccountTotalTotal
Individual Annuities:
Subject to discretionary withdrawal:
With market value adjustment$242,583 $— $— $242,583 1.6 %
At book value without market value adjustment and
        adjustment and with current
        surrender charge of 5% or more160,547 — — 160,547 1.0 %
At fair value— — 13,596,685 13,596,685 88.6 %
At book value without market value
        adjustment and with current
        surrender charge less than 5%1,292,338 — — 1,292,338 8.4 %
Total subject to discretionary withdrawal1,695,468 — 13,596,685 15,292,153 99.6 %
Not subject to discretionary withdrawal39,964 — 17,573 57,537 0.4 %
Total gross1,735,432 — 13,614,258 15,349,690 100.0 %
Reinsurance ceded1,366,226 — — 1,366,226 
Total, net of reinsurance$369,206 $— $13,614,258 $13,983,464 




34


Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Statutory Financial Statements
_____________________________________________________________________________________________________
December 31, 2023
GuaranteedNonguaranteed
GeneralSeparateSeparate% of
AccountAccountAccountTotalTotal
Group Annuities:
Subject to discretionary withdrawal:
With market value adjustment$— $— $— $— 0.0 %
At book value without market value adjustment and
        adjustment and with current
        surrender charge of 5% or more— — 0.0 %
At fair value— — — — 0.0 %
At book value without market value
        adjustment and with current
        surrender charge less than 5%130,130 — — 130,130 95.2 %
Total subject to discretionary withdrawal130,136 — — 130,136 95.2 %
Not subject to discretionary withdrawal6,597 — — 6,597 4.8 %
Total gross136,733 — — 136,733 100.0 %
Reinsurance ceded— — — — 
Total, net of reinsurance$136,733 $— $— $136,733 

December 31, 2022
GuaranteedNonguaranteed
GeneralSeparateSeparate% of
AccountAccountAccountTotalTotal
Group Annuities:
Subject to discretionary withdrawal:
With market value adjustment$— $— $— $— 0.0 %
At book value without market value adjustment and
        adjustment and with current
        surrender charge of 5% or more— — 0.0 %
At fair value— — — — 0.0 %
At book value without market value
        adjustment and with current
        surrender charge less than 5%150,979 — — 150,979 95.8 %
Total subject to discretionary withdrawal150,985 — — 150,985 95.8 %
Not subject to discretionary withdrawal6,671 — — 6,671 4.2 %
Total gross157,656 — — 157,656 100.0 %
Reinsurance ceded— — — — 
Total, net of reinsurance$157,656 $— $— $157,656 









35


Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Statutory Financial Statements
_____________________________________________________________________________________________________
December 31, 2023
GuaranteedNonguaranteed
GeneralSeparateSeparate% of
AccountAccountAccountTotalTotal
Deposit-type contracts:
Subject to discretionary withdrawal:
With market value adjustment$— $— $— $— 0.0 %
At book value without market value adjustment and
        adjustment and with current
        surrender charge of 5% or more— — — — 0.0 %
At fair value— — 4,235 4,235 16.6 %
At book value without market value
        adjustment and with current
        surrender charge less than 5%— — — — 0.0 %
Total subject to discretionary withdrawal— — 4,235 4,235 16.6 %
Not subject to discretionary withdrawal21,268 — — 21,268 83.4 %
Total gross21,268 — 4,235 25,503 100.0 %
Reinsurance ceded12,551 — — 12,551 
Total, net of reinsurance$8,717 $— $4,235 $12,952 

December 31, 2022
GuaranteedNonguaranteed
GeneralSeparateSeparate% of
AccountAccountAccountTotalTotal
Deposit-type contracts:
Subject to discretionary withdrawal:
With market value adjustment$— $— $— $— 0.0 %
At book value without market value adjustment and
        adjustment and with current
        surrender charge of 5% or more— — — — 0.0 %
At fair value— — 2,969 2,969 12.5 %
At book value without market value
        adjustment and with current
        surrender charge less than 5%— — — — 0.0 %
Total subject to discretionary withdrawal— — 2,969 2,969 12.5 %
Not subject to discretionary withdrawal20,830 — — 20,830 87.5 %
Total gross20,830 — 2,969 23,799 100.0 %
Reinsurance ceded11,653 — — 11,653 
Total, net of reinsurance$9,177 $— $2,969 $12,146 

36


Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Statutory Financial Statements
_____________________________________________________________________________________________________
Analysis of life reserves by withdrawal characteristics is as follows (in thousands):
December 31, 2023
General AccountSeparate Account - Nonguaranteed
Account ValueCash ValueReserveAccount ValueCash ValueReserve
Subject to discretionary withdrawal,
surrender values, or policy loans:
Term Policies with Cash Value$— $— $— $— $— $— 
Universal Life— — — — — — 
Universal Life with Secondary Guarantees3,443 3,443 7,444 — — — 
Indexed Universal Life— — — — — — 
Indexed Universal Life with Secondary Guarantees— — — — — — 
Indexed Life— — — — — — 
Other Permanent Cash Value Life Insurance— — — — — 
Variable Life— — — — — — 
Variable Universal Life77 77 77 474 474 474 
Miscellaneous Reserves— — 301,756 — — — 
Not subject to discretionary withdrawal, or no cash values
Term Policies with Cash ValueXXXXXX1,762 XXXXXX— 
Accidental Death BenefitsXXXXXXXXXXXX— 
Disability - Active LivesXXXXXXXXXXXX— 
Disability - Disabled LivesXXXXXX74 XXXXXX— 
Miscellaneous ReservesXXXXXX114,087 XXXXXX— 
Total (gross: direct + assumed)$3,520 $3,520 $425,212 $474 $474 $474 
Reinsurance Ceded459 459 282,977 — $— — 
Total (net)$3,061 $3,061 $142,235 $474 $474 $474 

December 31, 2022
General AccountSeparate Account - Nonguaranteed
Account ValueCash ValueReserveAccount ValueCash ValueReserve
Subject to discretionary withdrawal,
surrender values, or policy loans:
Term Policies with Cash Value$— $— $— $— $— $— 
Universal Life— — — — — — 
Universal Life with Secondary Guarantees3,284 3,282 6,284 — — — 
Indexed Universal Life— — — — — — 
Indexed Universal Life with Secondary Guarantees— — — — — — 
Indexed Life— — — — — — 
Other Permanent Cash Value Life Insurance— — — — — 
Variable Life— — — — — — 
Variable Universal Life75 75 75 414 414 414 
Miscellaneous Reserves— — 463,562 — — — 
Not subject to discretionary withdrawal, or no cash values
Term Policies with Cash ValueXXXXXX1,945 XXXXXX— 
Accidental Death BenefitsXXXXXXXXXXXX— 
Disability - Active LivesXXXXXX11 XXXXXX— 
Disability - Disabled LivesXXXXXX66 XXXXXX— 
Miscellaneous ReservesXXXXXX309,086 XXXXXX— 
Total (gross: direct + assumed)$3,359 $3,357 $781,034 $414 $414 $414 
Reinsurance Ceded444 443 578,760 — — — 
Total (net)$2,915 $2,914 $202,274 $414 $414 $414 

37


Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Statutory Financial Statements
_____________________________________________________________________________________________________

At both December 31, 2023 and 2022, approximately 94% 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 at December 31 (in millions):

2023
Minimum Guaranteed Interest RateAt Guaranteed Minimum1-50bps Above51-150bps Above150+bps AboveTotal
Variable Annuities
0.0%-1.50%$— $11.3 $0.6 $— $11.9 
1.51%-2.50%165.3 — — — 165.3 
>2.50%1,135.8 — — 5.7 1,141.5 
Total$1,301.1 $11.3 $0.6 $5.7 $1,318.7 
Fixed Annuities
0.0%-1.50%$5.9 $7.9 $14.2 $0.6 $28.6 
1.51%-2.50%26.3 1.4 1.2 — 28.9 
>2.50%212.8 50.7 0.6 — 264.1 
Total$245.0 $60.0 $16.0 $0.6 $321.6 
RILA
0.0%-1.50%$— $— $— $— $— 
1.51%-2.50%— — — — — 
>2.50%— — — — — 
Total$— $— $— $— $— 
2022
Minimum Guaranteed Interest RateAt Guaranteed Minimum1-50bps Above51-150bps Above150+bps AboveTotal
Variable Annuities
0.0%-1.50%$961.8 $15.7 $1.0 $4.4 $982.9 
1.51%-2.50%191.5 — — — 191.5 
>2.50%299.1 — — — 299.1 
Total$1,452.4 $15.7 $1.0 $4.4 $1,473.5 
Fixed Annuities
0.0%-1.50%$7.3 $10.3 $15.1 $— $32.7 
1.51%-2.50%33.9 1.7 1.3 — 36.9 
>2.50%215.1 62.8 1.1 — 279.0 
Total$256.3 $74.8 $17.5 $— $348.6 
RILA
0.0%-1.50%$— $— $— $— $— 
1.51%-2.50%— — — — — 
>2.50%— — — — — 
Total$— $— $— $— $— 


38


Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Statutory Financial Statements
_____________________________________________________________________________________________________
Deferred Premiums and Considerations
Deferred and uncollected life insurance premiums and annuity considerations as of December 31, 2023 were as follows (in thousands):

TypeGrossNet of Loading
Industrial$— $— 
Ordinary new business(129,220)(129,275)
Ordinary renewal(36,040)(36,156)
Group Life— — 
Totals$(165,260)$(165,431)

Note 9 – Separate Accounts

Reserves of the non-guaranteed separate accounts are subject to discretionary withdrawal at fair value. Reserves for variable annuity contract guarantees are held in the general account. All assets of the separate accounts are carried at fair value.

A reconciliation of net transfers to separate accounts for the years ended December 31, 2023, 2022, and 2021 is as follows (in thousands):

202320222021
Transfers as reported in the Summary of Operations of the Separate
Accounts Statement:
Transfers to separate accounts$76,871 $78,973 $143,368 
Transfers from separate accounts112,882 91,502123,567
Net transfers to separate accounts(36,011)(12,529)19,801 
Reconciling adjustments:
Benefit fees and other differences(17,756)(17,318)(15,471)
Transfers as reported in the accompanying Statements of Operations$(53,767)$(29,847)$4,330 

The difference between the CARVM reserve and the fair value of assets is recognized as an expense allowance in the general account. The total CARVM allowance, net of reinsurance ceded, reduced the general account liability by $31.3 million and $32.6 million at December 31, 2023 and 2022, respectively.

The amount of risk charges paid by the separate account to the general account for the past five years as compensation for the risk taken by the general account are as follows (in thousands):

YearAmount
2023$204,824 
2022199,196 
2021186,223 
2020161,449 
2019152,801 

Premiums, considerations or deposits, net of reinsurance, totaled $65.0 million, $92.4 million, and $129.6 million for 2023, 2022, and 2021, respectively.

39


Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Statutory Financial Statements
_____________________________________________________________________________________________________
Premiums, considerations, or deposits of separate accounts for 2023 are as follows (in thousands):

Nonindexed
GuaranteeNonindexedNonguaranteed
Less than/equalGuaranteeSeparate
to 4%More than 4%AccountsTotal
Premiums, considerations or
deposits for year ended
December 31, 2023$— $— $64,970 $64,970 

Reserves in the separate accounts totaled $15,558.8 million and $13,617.6 million at December 31, 2023 and 2022, respectively.

Withdrawal characteristics of separate account reserves for 2023 are as follows (in thousands):

Nonindexed
GuaranteeNonindexedNonguaranteed
Less than/equalGuaranteeSeparate
to 4%More than 4%AccountsTotal
For accounts with assets at:
Fair value$— $— $15,558,794 $15,558,794 
Amortized cost— — — — 
Total reserves$— $— $15,558,794 $15,558,794 
By withdrawal characteristics:
With market value adjustment$— $— $— $— 
At book value without market
value adjustment and with
current surrender charge of
5% or more— — — — 
At fair value$— $— $15,537,519 $15,537,519 
At book value without market
value adjustment and with
current surrender charge less
than 5%— — — — 
Subtotal$— $— $15,537,519 $15,537,519 
Not subject to discretionary
withdrawal— — $21,275 21,275 
Total$— $— $15,558,794 $15,558,794 

At December 31, 2023, reserves for asset default risk in lieu of AVR was nil.

Note 10 - Employee Retirement Plans

The Company participates in a Parent sponsored defined contribution retirement plan covering substantially all associates. Effective January 1, 2020 eligible associates are immediately able to participate in the Company's matching contribution. To be eligible to participate in the Company’s contribution, an associate 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 associate must be employed on the applicable January 1 or July 1 entry date. The Company’s annual contributions are based on a percentage of eligible compensation paid to participating associates 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 expense related to this plan was $0.2 million for 2023, 2022, and 2021, respectively.

40


Jackson National Life Insurance Company of New York
(a wholly owned subsidiary of Jackson National Life Insurance Company)
Notes to Statutory Financial Statements
_____________________________________________________________________________________________________
The Company participates in a Parent sponsored non-qualified voluntary deferred compensation plan for certain associates of Jackson and certain affiliates. 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 both December 31, 2023 and 2022, Jackson’s liability for the Company’s portion of such plans totaled nil. There were no expenses related to these plans for 2023, 2022, or 2021.

Note 11 – Other Related Party Transactions

The Company had a payable to Jackson of $165.5 million and $192.0 million at December 31, 2023 and 2022, respectively.

The Company’s investment portfolio is managed by PPM America, Inc. (“PPMA”), a registered investment advisor. PPM Holdings, Inc. ("PPMH"), is the holding company of PPMA, and is a wholly-owned subsidiary of Jackson Financial, Inc., which is the ultimate parent of Jackson-NY. The Company paid $2.0 million, $2.0 million, and $1.8 million to PPMA for investment advisory services in 2023, 2022, and 2021, respectively.

The Company has an administrative service agreement with its Parent, under which Jackson provides certain administrative services. The Company paid administrative fees of $22.8 million, $23.2 million, and $14.0 million in 2023, 2022, and 2021, 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. Fees for these services paid to JNLD were $0.6 million, $0.6 million, and $0.7 million in 2023, 2022, and 2021, respectively.

The Company has a Master Repurchase Agreement with Jackson, which allows for repurchase agreement transactions between the companies. There were no such borrowings during 2023 and 2022. There was no outstanding balance as of both December 31, 2023 and 2022. Interest paid during 2023, and 2022, and 2021 was nil.

Note 12 – Contingent Liabilities

The Company has previously received regulatory inquiries on an industry-wide matter relating to claims settlement practices and compliance with unclaimed property laws. Any regulatory audits, related examination activity and internal reviews as a result of these inquiries may result in additional payments to beneficiaries, escheatment of funds deemed abandoned under state laws, administrative penalties and changes in the Company’s procedures for the identification of unreported claims and handling of escheatable property.

At December 31, 2023 and 2022, the Company had unfunded commitments related to debt securities of $5.0 million and nil, respectively.

Note 13 - Loan-Backed Securities’ Other-Than-Temporary-Impairments

The Company did not recognize any other-than-temporary impairments related loan-backed and structured securities in 2023. The Company has the intent and ability to hold the securities for sufficient time to recover the amortized cost.

Note 14 - Reconciliation to Annual Statement

As discussed in Note 5, the Company cedes 90% of the entire VA contract to its parent, Jackson. In 2023 and 2022, $(165.5) million and $(192.0) million, respectively were reported as an asset in the annual statement as uncollected premium. In accordance with SSAP 61, these were reported as payable to parent in the 2023 and 2022 audited financial statements. As a result, the annual statement admitted assets were lower by $165.5 million and $192.0 million, respectively, as compared to the audited financial statements.

41

                
Schedule 1

Additional Information
Jackson National Life Insurance Company of New York
Supplemental Schedule of Selected Financial Data
December 31, 2023

Investment income earned
U.S. government bonds$198,990 
Bonds exempt from U.S. tax— 
Other bonds (unaffiliated)46,331,037 
Bonds of affiliates— 
Preferred stocks (unaffiliated)— 
Preferred stocks of affiliates— 
Common stocks (unaffiliated)— 
Common stocks of affiliates— 
Mortgage loans— 
Real estate— 
Contract loans25,670 
Cash and cash equivalents 2,605,893 
Derivative instruments— 
Other invested assets— 
Aggregate write-ins for investment income87,817 
Total investment income$49,249,407 
Real estate owned - book value less encumbrances$— 
Mortgage loans by type - book value
Farm mortgages$— 
Residential mortgages— 
Commercial mortgages— 
Total mortgage loans$— 
Mortgage loans by standing - book value
Good standing$— 
Good standing with restructured loans$— 
Interest overdue more than 90 days, not in foreclosure$— 
Foreclosure in process$— 
Other long term assets - statement value$— 
Contract loans$375,616 
Bonds & stocks of parents, subsidiaries and affiliates - book value
Bonds$— 
Preferred stocks$— 
Common stocks$708,188 

(Continued)

42

                
Schedule 1

Additional Information
Jackson National Life Insurance Company of New York
Supplemental Schedule of Selected Financial Data
December 31, 2023

Bonds and short-term investments by class and maturity:
Bonds by maturity - statement value
Due within one year or less$90,007,052 
Over 1 year through 5 years611,850,581 
Over 5 years through 10 years571,049,536 
Over 10 years through 20 years19,643,052 
Over 20 years6,947,908 
Total by maturity$1,299,498,129 
Bonds by class - statement value
Class 1$669,677,631 
Class 2608,105,893 
Class 313,361,240 
Class 47,661,439 
Class 5691,926 
Class 6— 
Total by class$1,299,498,129 
Total bonds publicly traded$776,473,318 
Total bonds privately placed$523,024,811 
Preferred stocks - statement value$— 
Common stocks - market value$708,188 
Short-term investments - book value$— 
Options, caps and floors owned - statement value$— 
Options, caps and floors written & in force - statement value$— 
Collar, swap and forward agreements open - statement value$— 
Futures contracts open - current value$— 
Cash on deposit$(24,026,410)
Cash equivalents$54,796,520 
Life insurance in force
Industrial$— 
Ordinary$30,241,000 
Credit life$— 
Group life$— 
Amount of accidental death benefits in force under ordinary policies$900,000 

(Continued)
43

                
Schedule 1

Additional Information
Jackson National Life Insurance Company of New York
Supplemental Schedule of Selected Financial Data
December 31, 2023

Life insurance policies with disability provisions in force
Industrial$— 
Ordinary$7,734,000 
Credit life$— 
Group life$— 
Supplementary contracts in force:
Ordinary - not involving life contingencies-
Amount on deposit$— 
Income payable$— 
Ordinary - involving life contingencies-
Amount on deposit$— 
Income payable$— 
Group - not involving life contingencies-
Amount on deposit$— 
Income payable$— 
Group - involving life contingencies-
Amount on deposit$— 
Income payable$— 
Annuities:
Ordinary-
Immediate - amount of income payable$8,751,076 
Deferred - fully paid account balance$103,579,481 
Deferred - not fully paid - account balance$1,458,834,519 
Group-
Amount of income payable$1,533,744 
Fully paid account balance$130,205,734 
Not fully paid - account balance$— 
Accident and health insurance - premiums in force:
Ordinary$— 
Group$— 
Credit$— 
Deposit funds and dividend accumulations:
Deposit funds - account balance$— 
Dividend accumulations - account balance$— 








See accompanying independent auditors' report.    

44


Schedule 2

JACKSON NATIONAL LIFE INSURANCE COMPANY OF NEW YORK
Supplemental Investment Risks Interrogatories
December 31, 2023







1)Total admitted assets (excluding Separate Accounts):$1,383,812,883 
2)10 largest exposures to a single issuer/borrower/investment (excluding US Government):
IssuerCategoryAmountPercentage
ROBERT BOSCH FINANCE LLCUNAFFILIATED FOREIGN SECURITIES$8,000,000 0.6 %
DISCOVERY COMMUNICATIONSUNAFFILIATED DOMESTIC SECURITIES$7,230,069 0.5 %
AMERICAN EXPRESSUNAFFILIATED DOMESTIC SECURITIES$7,204,779 0.5 %
VOPAK NVUNAFFILIATED FOREIGN SECURITIES$7,000,000 0.5 %
DUKE ENERGY CAROLINASUNAFFILIATED DOMESTIC SECURITIES$6,992,455 0.5 %
T-MOBILE USAUNAFFILIATED DOMESTIC SECURITIES$6,684,010 0.5 %
NATIONAL FOOTBALL LEAGUEUNAFFILIATED DOMESTIC SECURITIES$6,613,945 0.5 %
CHARLES SCHWABUNAFFILIATED DOMESTIC SECURITIES$6,537,833 0.5 %
GLENCORE FUNDINGUNAFFILIATED DOMESTIC SECURITIES$6,469,718 0.5 %
BP CAP MARKETS AMERICAUNAFFILIATED DOMESTIC SECURITIES$6,344,578 0.5 %

3)Amounts and percentages of total admitted assets held in bonds and preferred stocks by NAIC rating.
Preferred
BondsAmountPercentageStocksAmountPercentage
NAIC-1$669,677,631 48.4 %P/RP-1$— 0.0 %
NAIC-2$608,105,893 43.9 %P/RP-2$— 0.0 %
NAIC-3$13,361,240 1.0 %P/RP-3$— 0.0 %
NAIC-4$7,661,439 0.6 %P/RP-4$— 0.0 %
NAIC-5$691,629 0.1 %P/RP-5$— 0.0 %
NAIC-6$— 0.0 %P/RP-6$— 0.0 %

4)Assets held in foreign investments:
AmountPercentage
Total admitted assets held in foreign investments$272,030,294 19.7 %
Foreign-currency-denominated investments$— 0.0 %
Insurance liabilities denominated in that same foreign currency$— 0.0 %
    

5)Aggregate foreign investment exposure categorized by NAIC sovereign rating:
AmountPercentage
Countries rated NAIC-1$269,303,648 19.5 %
Countries rated NAIC-2$1,232,803 0.1 %
Countries rated NAIC-3 or below$1,493,843 0.1 %

6)Two largest foreign investment exposures in a single country, categorized by the country's NAIC sovereign rating:
AmountPercentage
Countries rated NAIC-1:
UNITED KINGDOM$54,640,710 3.9 %
GERMANY$32,479,871 2.3 %
Countries rated NAIC-2:
MEXICO$981,608 0.1 %
ITALY$251,195 0.0 %
Countries rated NAIC-3 or below:
BRAZIL$1,000,000 0.1 %
SOUTH AFRICA$493,843 0.0 %

(Continued)
45


Schedule 2

JACKSON NATIONAL LIFE INSURANCE COMPANY OF NEW YORK
Supplemental Investment Risks Interrogatories
December 31, 2023






7)There is no unhedged foreign currency exposure.
8)There is no unhedged foreign currency exposure.
9)There is no unhedged foreign currency exposure
10)Ten largest foreign investment exposures in a single country, categorized by the country's NAIC sovereign rating:
IssuerNAIC RatingAmountPercentage
ROBERT BOSCH FINANCE LLC1$8,000,000 0.6 %
VOPAK NV2$7,000,000 0.5 %
GLENCORE FUNDING2$6,469,718 0.5 %
NXP FUNDING2$6,281,548 0.5 %
BAT CAPITAL CORP2$6,017,150 0.4 %
ELLEVIO2$6,000,000 0.4 %
ANHEUSER-BUSCH1$5,189,572 0.4 %
AVOLON HOLDINGS FND2$5,014,451 0.4 %
VECTOR LIMITED2$5,000,000 0.4 %
AURIZON NETWORK PTY LTD2$5,000,000 0.4 %
AmountPercentage
11)Total admitted assets held in Canadian investments:$38,199,911 2.8 %
12)There were no assets held in investments with contractual sales restrictions that exceeded 2.5% of the Company's total admitted assets.
13)There were no assets held in equity interests that exceeded 2.5% of the Company’s total admitted assets.
14)There were no assets held in nonaffiliated, privately placed equities, exceeding 2.5% of the Company’s total admitted assets.
15)There were no assets held in general partnership interests that exceeded 2.5% of the Company’s total admitted assets.
16)There were no admitted assets held in mortgage loans.
17)There were no mortgage loan to value ratios as determined from the most current appraisal as of the annual statement date.
18)There were no assets held in real estate that exceeded 2.5% of the Company's total admitted assets.
19)There were no assets held in mezzanine real estate loans that exceeded 2.5% of the Company's total admitted assets.
20)Amounts and percentages of total admitted assets subject to the following types of agreements:
At year endAt end of each quarter
Agreement typeAmountPercentage1st Qtr2nd Qtr3rd Qtr
Securities lending$3,758,887 0.3 %$6,898,874 $2,639,591 $5,351,588 
Repurchase0.0 %
Reverse repurchase0.0 %
Dollar repurchase0.0 %
Dollar reverse repurchase0.0 %
21)There were no admitted assets for warrants not attached to other financial instruments, options, caps and floors.
22)There were no admitted assets subject to potential exposure for collars, swaps and forwards.
23)There were no admitted assets subject to potential exposure for futures contracts.











See accompanying independent auditors' report.

46


Schedule 3
JACKSON NATIONAL LIFE INSURANCE COMPANY OF NEW YORK
Summary Investment Schedule
December 31, 2023

Gross Investment HoldingsAdmitted Assets as Reported in the Annual Statement
Investment CategoriesAmountPercentageAmountSecurities Lending Reinvested Collateral AmountTotal (Col. 3 + 4) AmountPercentage
Bonds:
U.S. governments$8,020,887 0.601 %$8,020,887 $— $8,020,887 0.601 %
Foreign governments— — %— — — — %
U.S. states, territories and possessions, guaranteed1,418,897 0.106 %1,418,897 — 1,418,897 0.106 %
U.S. political subdivisions of states, territories and possessions guaranteed— — %— — — — %
U.S. special revenue and special assessment obligations non-guaranteed7,334,940 0.549 %7,334,940 — 7,334,940 0.549 %
Industrial and miscellaneous1,282,723,405 96.055 %1,282,723,405 — 1,282,723,405 96.055 %
Hybrid securities— — %— — — — %
Parent, subsidiaries and affiliates— — %— — — — %
SVO identified funds— — %— — — — %
Unaffiliated bank loans— — %— — — — %
Preferred Stocks:
Industrial and misc (unaffiliated)— — %— — — — %
Parent, subsidiaries and affiliates— — %— — — — %
Common Stocks:
Industrial and miscellaneous Publicly traded (unaffiliated) — — %— — — — %
Industrial and miscellaneous Other (unaffiliated) 708,188 0.053 %708,188 — 708,188 0.053 %
Parent, subsidiaries and affiliates Publicly traded— — %— — — — %
Parent, subsidiaries and affiliates Other— — %— — — — %
Mutual Funds — — %— — — — %
Unit Investment trusts— — %— — — — %
Closed-end funds — — %— — — — %
Cash, cash equivalents and short-term investments
Cash(24,026,410)(1.799)%(24,026,410)— (24,026,410)(1.799)%
Cash equivalents54,796,520 4.103 %54,796,520 3,565,134 58,361,654 4.370 %
Contract loans375,616 0.028 %375,616 — 375,616 0.028 %
Receivables for securities496,341 0.037 %496,341 — 496,341 0.037 %
Securities Lending3,565,134 0.267 %3,565,134 XXX     XXX— %
Other invested assets — — %— — — — %
$1,335,413,518 100.000 %$1,335,413,518 $$3,565,134 $1,335,413,518 100.000 %

















See accompanying independent auditors' report.

47


Schedule 4
JACKSON NATIONAL LIFE INSURANCE COMPANY OF NEW YORK
Reinsurance Risk Interrogatories
December 31, 2023

1.Does the reporting entity have any reinsurance contracts subject to A-791 that include a provision, which limits the reinsurer's assumption of significant risks identified as in A-791?
No
2.Does the reporting entity have any reinsurance contracts not subject to A-791, for which reinsurance accounting was applied and includes a provision that limits the reinsurer's assumption risk?
No
3.Does the reporting entity have any reinsurance contracts that contain features described below which result in delays in payment in form or in fact:
a.Provisions which permit the reporting of losses, or settlements are made, less frequently than quarterly or payments due from the reinsurer are not made in cash within ninety days of the settlement date?
No
b.Payment schedule, accumulating retentions from multiple years or any features inherently designed to delay timing of the reimbursement to the ceding entity?
No
4.Does the reporting entity reflect a reinsurance accounting credit for any contracts not subject to Appendix A-791 and not yearly renewable term, which meet the risk transfer requirements of SSAP No. 61R for the following?
a.Assumption Reinsurance?No
b.Non-proportional reinsurance, which does not result in significant surplus relief?No
5.Does the reporting entity cede any risk which is not subject to A-791 and not yearly renewable term reinsurance, under any reinsurance contract during the period covered by the financial statement, and either:
a.Accounted for that contract as reinsurance under SAP and as a deposit under GAAP; orNo
b.Accounted for that contract as reinsurance under GAAP and as a deposit under SAP?No




















See accompanying independent auditors' report.

48