JNL SERIES TRUST
NSAR-A, 1997-08-29
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<PAGE>      PAGE  1
000 A000000 06/30/97
000 C000000 0000933691
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 JNL SERIES TRUST
001 B000000 811-8894
001 C000000 5173943400
002 A000000 5901 EXECUTIVE DRIVE
002 B000000 LANSING
002 C000000 MI
002 D010000 48911
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000 16
007 C010100  1
007 C020100 JNL AGGRESSIVE GROWTH
007 C030100 N
007 C010200  2
007 C020200 JNL CAPITAL GROWTH
007 C030200 N
007 C010300  3
007 C020300 JNL GLOBAL EQUITIES
007 C030300 N
007 C010400  4
007 C020400 PPM AMERICA/JNL BALANCED
007 C030400 N
007 C010500  5
007 C020500 JNL/PUTNAM GROWTH
007 C030500 N
007 C010600  6
007 C020600 PPM AMERICA/JNL HIGH YIELD BOND
007 C030600 N
007 C010700  7
007 C020700 PPM AMERICA/JNL MONEY MARKET
007 C030700 N
007 C010800  8
007 C020800 JNL/PUTNAM VALUE EQUITY
007 C030800 N
007 C010900  9
007 C020900 SALOMON BROTHERS/JNL GLOBAL BOND
007 C030900 N
007 C011000 10
007 C021000 SALOMON BROTHERS/JNL U.S. GOV'T. & QUAL. BOND
<PAGE>      PAGE  2
007 C031000 N
007 C011100 11
007 C021100 T. ROWE PRICE/JNL ESTABLISHED GROWTH
007 C031100 N
007 C011200 12
007 C021200 T. ROWE PRICE/JNL INT'L. EQUITY INVESTMENT
007 C031200 N
007 C011300 13
007 C021300 T. ROWE PRICE/MID-CAP GROWTH
007 C031300 N
007 C011400 14
007 C021400 JNL/ALGER GROWTH
007 C031400 N
007 C011500 15
007 C021500 JNL/EAGLE CORE EQUITY
007 C031500 N
007 C011600 16
007 C021600 JNL/EAGLE SMALLCAP EQUITY
007 C031600 N
007 C011700 17
007 C011800 18
007 C011900 19
007 C012000 20
010 A00AA01 JACKSON NATIONAL FINANCIAL SERVICES, INC.
010 B00AA01 41015
010 C01AA01 LANSING
010 C02AA01 MI
010 C03AA01 48911
012 A00AA01 JACKSON NATIONAL FINANCIAL SERVICES, INC.
012 B00AA01 84-5704
012 C01AA01 LANSING
012 C02AA01 MI
012 C03AA01 48911
013 A00AA01 PRICE WATERHOUSE LLP
013 B01AA01 MILWAUKEE
013 B02AA01 WI
013 B03AA01 53202
014 A00AA01 JACKSON NATIONAL FINANCIAL SERVICES, INC.
014 B00AA01 8-44435
014 A00AA02 JACKSON NATIONAL LIFE DISTRIBUTORS, INC.
014 B00AA02 8-48984
015 A00AA01 STATE STREET BANK & TRUST COMPANY
015 B00AA01 C
015 C01AA01 BOSTON
015 C02AA01 MA
015 C03AA01 02101
015 E01AA01 X
015 A00AA02 CITIBANK N.A.
015 B00AA02 S
015 C01AA02 BUENOS AIRES
015 D01AA02 ARGENTINA
<PAGE>      PAGE  3
015 E04AA02 X
015 A00AA03 WESTPAC BANKING CORPORATION
015 B00AA03 S
015 C01AA03 SYDNEY
015 D01AA03 AUSTRALIA
015 E04AA03 X
015 A00AA04 GEROCREDIT BANK AG DER SPARKASSEN
015 B00AA04 S
015 C01AA04 VIENNA
015 D01AA04 AUSTRIA
015 E04AA04 X
015 A00AA05 STANDARD CHARTERED BANK
015 B00AA05 S
015 C01AA05 DHAKA
015 D01AA05 BANGLADESH
015 E04AA05 X
015 A00AA06 GENERALE BANQUE
015 B00AA06 S
015 C01AA06 BRUSSELS
015 D01AA06 BELGIUM
015 E04AA06 X
015 A00AA07 DELETE
015 A00AA08 BARCLAYS BANK OF BOTSWANA LIMITED
015 B00AA08 S
015 C01AA08 GABORONE
015 D01AA08 BOTSWANA
015 E04AA08 X
015 A00AA09 CITIBANK N.A.
015 B00AA09 S
015 C01AA09 SAO PAULO
015 D01AA09 BRAZIL
015 E04AA09 X
015 A00AA10 DELETE
015 A00AA11 CANADA TRUSTCO MORTGAGE COMPANY
015 B00AA11 S
015 C01AA11 TORONTO
015 D01AA11 CANADA
015 E04AA11 X
015 A00AA12 CITIBANK N.A.
015 B00AA12 S
015 C01AA12 SANTIAGO
015 D01AA12 CHILE
015 E04AA12 X
015 A00AA13 HONGKONG & SHANGHAI BANKING CORP. LTD
015 B00AA13 S
015 C01AA13 SHANGHAI
015 D01AA13 CHINA
015 E04AA13 X
015 A00AA14 CITITRUST COLOMBIA SA
015 B00AA14 S
015 C01AA14 SANTAFE DE BOGOTA
<PAGE>      PAGE  4
015 D01AA14 COLOMBIA
015 E04AA14 X
015 A00AA15 BARCLAYS BANK PLC
015 B00AA15 S
015 C01AA15 NICOSIA
015 D01AA15 CYPRUS
015 E04AA15 X
015 A00AA16 CESKOSLOVENSKA OBCHODNI BANKA A.S.
015 B00AA16 S
015 C01AA16 PRAGUE
015 D01AA16 CZECH REPUBLIC
015 E04AA16 X
015 A00AA17 DEN DANSKE BANK
015 B00AA17 S
015 C01AA17 COPENHAGEN
015 D01AA17 DENMARK
015 E04AA17 X
015 A00AA18 CITIBANK N.A.
015 B00AA18 S
015 C01AA18 QUITO
015 D01AA18 ECUADOR
015 E04AA18 X
015 A00AA19 NATIONAL BANK OF EGYPT
015 B00AA19 S
015 C01AA19 CAIRO
015 D01AA19 EGYPT
015 E04AA19 X
015 A00AA20 MERITA BANK LIMITED
015 B00AA20 S
015 C01AA20 HELSINKI
015 D01AA20 FINLAND
015 E04AA20 X
015 A00AA21 BANQUE PARIBAS
015 B00AA21 S
015 C01AA21 PARIS
015 D01AA21 FRANCE
015 E04AA21 X
015 A00AA22 DRESDNER BANK AG
015 B00AA22 S
015 C01AA22 FRANKFURT
015 D01AA22 GERMANY
015 E04AA22 X
015 A00AA23 BARCLAYS BANK OF GHANA LIMITED
015 B00AA23 S
015 C01AA23 ACCRA
015 D01AA23 GHANA
015 E04AA23 X
015 A00AA24 NATIONAL BANK OF GREECE SA
015 B00AA24 S
015 C01AA24 ATHENS
015 D01AA24 GREECE
<PAGE>      PAGE  5
015 E04AA24 X
015 A00AA25 STANDARD CHARTERED BANK
015 B00AA25 S
015 C01AA25 HONG KONG
015 D01AA25 HONG KONG
015 E04AA25 X
015 A00AA26 CITIBANK BUDAPEST RT.
015 B00AA26 S
015 C01AA26 BUDAPEST
015 D01AA26 HUNGARY
015 E04AA26 X
015 A00AA27 HONGKONG & SHANGHAI BANKING CORP LTD.
015 B00AA27 S
015 C01AA27 MUMBAI
015 D01AA27 INDIA
015 E04AA27 X
015 A00AA28 STANDARD CHARTERED BANK
015 B00AA28 S
015 C01AA28 JAKARTA
015 D01AA28 INDONESIA
015 E04AA28 X
015 A00AA29 BANK OF IRELAND
015 B00AA29 S
015 C01AA29 DUBLIN
015 D01AA29 IRELAND
015 E04AA29 X
015 A00AA30 BANK HAPOALIM BM
015 B00AA30 S
015 C01AA30 TEL AVIV
015 D01AA30 ISRAEL
015 E04AA30 X
015 A00AA31 SOCIETE GENERALE DE BANQUE EN COTE D'IVOIRE
015 B00AA31 S
015 C01AA31 ABIDJAN
015 D01AA31 IVORY COAST
015 E04AA31 X
015 A00AA32 MORGAN GUARANTY TRUST CO. OF NY
015 B00AA32 S
015 C01AA32 MILAN
015 D01AA32 ITALY
015 E04AA32 X
015 A00AA33 DELETE
015 A00AA34 THE SUMITOMO TRUST & BANKING CO. LTD.
015 B00AA34 S
015 C01AA34 TOKYO
015 D01AA34 JAPAN
015 E04AA34 X
015 A00AA35 THE DAIWA BANK LTD.
015 B00AA35 S
015 C01AA35 TOKYO
015 D01AA35 JAPAN
<PAGE>      PAGE  6
015 E04AA35 X
015 A00AA36 THE FUJI BANK, LIMITED
015 B00AA36 S
015 C01AA36 TOKYO
015 D01AA36 JAPAN
015 E04AA36 X
015 A00AA37 THE BRITISH BANK OF THE MIDDLE EAST
015 B00AA37 S
015 C01AA37 JEBEL AL-HUSSEIN
015 D01AA37 JORDAN
015 E04AA37 X
015 A00AA38 BARCLAYS BANK OF KENYA LIMITED
015 B00AA38 S
015 C01AA38 NAIROBI
015 D01AA38 KENYA
015 E04AA38 X
015 A00AA39 SEOULBANK
015 B00AA39 S
015 C01AA39 SEOUL
015 D01AA39 KOREA
015 E04AA39 X
015 A00AA40 STANDARD CHARTERED BANK MALAYSIA BERHAD
015 B00AA40 S
015 C01AA40 KUALA LUMPUR
015 D01AA40 MALAYSIA
015 E04AA40 X
015 A00AA41 HONGKONG AND SHANGHAI BANKING CORP.
015 B00AA41 S
015 C01AA41 CUREPIPE
015 D01AA41 MAURITIUS
015 E04AA41 X
015 A00AA42 CITIBANK N.A.
015 B00AA42 S
015 C01AA42 MEXICO CITY
015 D01AA42 MEXICO
015 E04AA42 X
015 A00AA43 BANQUE COMMERCIALE DU MAROC
015 B00AA43 S
015 C01AA43 CASABLANCA
015 D01AA43 MOROCCO
015 E04AA43 X
015 A00AA44 DELETE
015 A00AA45 MEES PIERSON N.V.
015 B00AA45 S
015 C01AA45 AMSTERDAM
015 D01AA45 NETHERLANDS
015 E04AA45 X
015 A00AA46 ANZ NOMINEES LIMITED
015 B00AA46 S
015 C01AA46 WELLINGTON
015 D01AA46 NEW ZEALAND
<PAGE>      PAGE  7
015 E04AA46 X
015 A00AA47 CHRISTIANIA BANK OG KREDITKASSE
015 B00AA47 S
015 C01AA47 OSLO
015 D01AA47 NORWAY
015 E04AA47 X
015 A00AA48 DEUTSCHE BANK
015 B00AA48 S
015 C01AA48 KARACHI
015 D01AA48 PAKISTAN
015 E04AA48 X
015 A00AA49 CITIBANK, N.A. LIMA
015 B00AA49 S
015 C01AA49 LIMA
015 D01AA49 PERU
015 E04AA49 X
015 A00AA50 STANDARD CHARTERED BANK
015 B00AA50 S
015 C01AA50 MANILA
015 D01AA50 PHILIPPINES
015 E04AA50 X
015 A00AA51 CITIBANK (POLAND) S.A.
015 B00AA51 S
015 C01AA51 WARSAW
015 D01AA51 POLAND
015 E04AA51 X
015 A00AA52 BANCO COMERCIAL PORTUGUES
015 B00AA52 S
015 C01AA52 LISBON
015 D01AA52 PORTUGAL
015 E04AA52 X
015 A00AA53 CREDIT SUISSE (MOSCOW) LIMITED
015 B00AA53 S
015 C01AA53 MOSCOW
015 D01AA53 RUSSIA
015 E04AA53 X
015 A00AA54 DEVELOPMENT BANK OF SINGAPORE
015 B00AA54 S
015 C01AA54 SINGAPORE
015 D01AA54 SINGAPORE
015 E04AA54 X
015 A00AA55 CESKOSLOVENKA OBCHODNA BANKA, A.S.
015 B00AA55 S
015 C01AA55 BRATISLAVA
015 D01AA55 SLOVAK REPUBLIC
015 E04AA55 X
015 A00AA56 STANDARD BANK OF SOUTH AFRICA LIMITED
015 B00AA56 S
015 C01AA56 JOHANNESBURG
015 D01AA56 SOUTH AFRICA
015 E04AA56 X
<PAGE>      PAGE  8
015 A00AA57 BANCO SANTANDER
015 B00AA57 S
015 C01AA57 MADRID
015 D01AA57 SPAIN
015 E04AA57 X
015 A00AA58 THE HONGKONG AND SHANGHAI BANKING CORP. LTD.
015 B00AA58 S
015 C01AA58 COLOMBO
015 D01AA58 SRI LANKA
015 E04AA58 X
015 A00AA59 BARCLAYS BANK OF SWAZILAND LTD
015 B00AA59 S
015 C01AA59 MBABANE
015 D01AA59 SWAZILAND
015 E04AA59 X
015 A00AA60 SKANDINAVISKA ENSKILDA BANKEN
015 B00AA60 S
015 C01AA60 STOCKHOLM
015 D01AA60 SWEDEN
015 E04AA60 X
015 A00AA61 UNION BANK OF SWITZERLAND
015 B00AA61 S
015 C01AA61 ZURICH
015 D01AA61 SWITZERLAND
015 E04AA61 X
015 A00AA62 STANDARD CHARTERED BANK
015 B00AA62 S
015 C01AA62 BANGKOK
015 D01AA62 THAILAND
015 E04AA62 X
015 A00AA63 DELETE
015 A00AA64 DELETE
015 A00AA65 CITIBANK, N.A.
015 B00AA65 S
015 C01AA65 ISTANBUL
015 D01AA65 TURKEY
015 E04AA65 X
015 A00AA66 STATE STREET BANK & TRUST COMPANY
015 B00AA66 S
015 C01AA66 LONDON
015 D01AA66 UNITED KINGDOM
015 E04AA66 X
015 A00AA67 DELETE
015 A00AA68 CITIBANK N.A.
015 B00AA68 S
015 C01AA68 MONTEVIDEO
015 D01AA68 URUGUARY
015 E04AA68 X
015 A00AA69 CITIBANK N.A.
015 B00AA69 S
015 C01AA69 CARACAS
<PAGE>      PAGE  9
015 D01AA69 VENEZUELA
015 E04AA69 X
015 A00AA70 BARCLAYS BANK OF ZAMBIA LIMITED
015 B00AA70 S
015 C01AA70 LUSAKA
015 D01AA70 ZAMBIA
015 E04AA70 X
015 A00AA71 BARCLAYS BANK OF ZIMBABWE LIMITED
015 B00AA71 S
015 C01AA71 HARARE
015 D01AA71 ZIMBABWE
015 E04AA71 X
015 A00AA72 CENTRAL TRUST OF CHINA
015 B00AA72 S
015 C01AA72 TAIWAN
015 D01AA72 REPUBLIC OF CHINA
015 E04AA72 X
018  00AA00 Y
019 A00AA00 Y
019 B00AA00   16
019 C00AA00 JACKSONNAT
020 A000001 FRED ALGER
020 B000001 13-2665689
020 C000001     68
020 A000002 MORGAN STANLEY & CO.
020 B000002 13-2655998
020 C000002     61
020 A000003 INSTINET
020 B000003 13-3443395
020 C000003     38
020 A000004 GOLDMAN SACHS
020 B000004 13-5108880
020 C000004     36
020 A000005 MERRILL LYNCH, PIERCE, FENNER & SMITH
020 B000005 13-5674085
020 C000005     35
020 A000006 SALOMON BROTHERS, INC.
020 B000006 13-3082694
020 C000006     32
020 A000007 INVESTMENT TECHNOLOGY GROUP INC
020 B000007 95-4339369
020 C000007     28
020 A000008 CS FIRST BOSTON CORPORATION
020 B000008 13-5659485
020 C000008     27
020 A000009 WARBURG SECURITIES
020 B000009 13-3340045
020 C000009     26
020 A000010 DONALDSON LUFKIN & JENRETTE
020 B000010 13-2741729
020 C000010     20
<PAGE>      PAGE  10
021  000000      863
022 A000001 SEVEN SEAS
022 B000001 91-6298037
022 C000001    464229
022 D000001    463645
022 A000002 STATE STREET BANK & TRUST
022 B000002 04-2456637
022 C000002    820594
022 D000002         0
022 A000003 HSBC SECRITIES, INC.
022 B000003 13-2650272
022 C000003    467588
022 D000003     19435
022 A000004 HOUSEHOLD FINANCE CORP
022 B000004 36-1239445
022 C000004    376806
022 D000004         0
022 A000005 JP MORGAN SECURITIES
022 B000005 13-3224016
022 C000005    224104
022 D000005       608
022 A000006 UBS SECURITIES
022 B000006 13-3873456
022 C000006    187113
022 D000006      1114
022 A000007 GOLDMAN SACHS
022 B000007 13-5108880
022 C000007    139890
022 D000007     28496
022 A000008 MERRILL LYNCH, PIERCE, FENNER & SMITH
022 B000008 13-5674085
022 C000008    152252
022 D000008     13820
022 A000009 LEHMAN BROTHERS
022 B000009 13-2518466
022 C000009     68737
022 D000009     34635
022 A000010 CS FIRST BOSTON CORPORATION
022 B000010 13-5659485
022 C000010     84060
022 D000010      7336
023 C000000    3544499
023 D000000     673511
026 A000000 N
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
<PAGE>      PAGE  11
026 H000000 N
027  000000 Y
029  00AA00 N
030 A00AA00      0
030 B00AA00  0.00
030 C00AA00  0.00
031 A00AA00      0
031 B00AA00      0
032  00AA00      0
033  00AA00      0
034  00AA00 N
035  00AA00      0
036 B00AA00      0
037  00AA00 N
038  00AA00      0
039  00AA00 N
040  00AA00 N
042 A00AA00   0
042 B00AA00   0
042 C00AA00   0
042 D00AA00   0
042 E00AA00   0
042 F00AA00   0
042 G00AA00   0
042 H00AA00   0
043  00AA00      0
044  00AA00      0
049  00AA00 N
050  00AA00 N
051  00AA00 N
052  00AA00 N
053 A00AA00 Y
053 B00AA00 Y
053 C00AA00 N
054 A00AA00 Y
054 B00AA00 Y
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 Y
054 H00AA00 Y
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 N
054 L00AA00 N
054 M00AA00 N
054 N00AA00 N
054 O00AA00 N
077 A000000 Y
077 B000000 N
<PAGE>      PAGE  12
077 C000000 Y
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 Y
077 P000000 N
077 Q010000 N
077 Q020000 N
077 Q030000 Y
078  000000 N
080 C00AA00        0
081 B00AA00   0
082 B00AA00        0
083 B00AA00        0
084 B00AA00        0
086 A010000      0
086 A020000      0
086 B010000      0
086 B020000      0
086 C010000      0
086 C020000      0
086 D010000      0
086 D020000      0
086 E010000      0
086 E020000      0
086 F010000      0
086 F020000      0
008 A000101 JACKSON NATIONAL FINANCIAL SERVICES, INC.
008 B000101 A
008 C000101 801-41015
008 D010101 LANSING
008 D020101 MI
008 D030101 48911
008 A000102 JANUS CAPITAL CORPORATION
008 B000102 S
008 C000102 801-13991
008 D010102 DENVER
008 D020102 CO
008 D030102 80206
008 D040102 4923
024  000100 Y
025 A000101 STATE STREET CORP.
025 B000101 04-2456637
<PAGE>      PAGE  13
025 C000101 E
025 D000101     171
025 A000102 CITICORP
025 B000102 13-2614988
025 C000102 E
025 D000102     744
025 A000103 DELETE
025 D000103       0
025 D000104       0
025 D000105       0
025 D000106       0
025 D000107       0
025 D000108       0
028 A010100      3417
028 A020100         0
028 A030100         0
028 A040100       258
028 B010100      5025
028 B020100         0
028 B030100         0
028 B040100       937
028 C010100      4745
028 C020100         0
028 C030100         0
028 C040100      1258
028 D010100     10758
028 D020100         0
028 D030100         0
028 D040100      1259
028 E010100      5835
028 E020100         0
028 E030100         0
028 E040100       433
028 F010100      3540
028 F020100         0
028 F030100         0
028 F040100       361
028 G010100     33320
028 G020100         0
028 G030100         0
028 G040100      4506
028 H000100         0
045  000100 Y
046  000100 N
047  000100 Y
048  000100  0.000
048 A010100   150000
048 A020100 0.950
048 B010100   150000
048 B020100 0.900
048 C010100        0
<PAGE>      PAGE  14
048 C020100 0.000
048 D010100        0
048 D020100 0.000
048 E010100        0
048 E020100 0.000
048 F010100        0
048 F020100 0.000
048 G010100        0
048 G020100 0.000
048 H010100        0
048 H020100 0.000
048 I010100        0
048 I020100 0.000
048 J010100        0
048 J020100 0.000
048 K010100   300000
048 K020100 0.850
055 A000100 N
055 B000100 N
056  000100 Y
057  000100 N
058 A000100 N
059  000100 Y
060 A000100 N
060 B000100 N
061  000100     2000
062 A000100 N
062 B000100   0.0
062 C000100   0.0
062 D000100   0.0
062 E000100   0.0
062 F000100   0.0
062 G000100   0.0
062 H000100   0.0
062 I000100   0.0
062 J000100   0.0
062 K000100   0.0
062 L000100   0.0
062 M000100   0.0
062 N000100   0.0
062 O000100   0.0
062 P000100   0.0
062 Q000100   0.0
062 R000100   0.0
066 A000100 Y
066 B000100 Y
066 C000100 N
066 D000100 N
066 E000100 N
066 F000100 N
066 G000100 N
<PAGE>      PAGE  15
067  000100 N
068 A000100 N
068 B000100 N
069  000100 N
070 A010100 Y
070 A020100 Y
070 B010100 Y
070 B020100 N
070 C010100 Y
070 C020100 N
070 D010100 Y
070 D020100 N
070 E010100 Y
070 E020100 N
070 F010100 Y
070 F020100 Y
070 G010100 Y
070 G020100 N
070 H010100 Y
070 H020100 N
070 I010100 Y
070 I020100 N
070 J010100 Y
070 J020100 N
070 K010100 Y
070 K020100 Y
070 L010100 Y
070 L020100 Y
070 M010100 Y
070 M020100 Y
070 N010100 Y
070 N020100 N
070 O010100 Y
070 O020100 N
070 P010100 Y
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 Y
070 R020100 N
071 A000100     41787
071 B000100     23223
071 C000100     30920
071 D000100   75
072 A000100  6
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072 C000100      142
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072 E000100        0
072 F000100      207
072 G000100        0
<PAGE>      PAGE  16
072 H000100        0
072 I000100        0
072 J000100       28
072 K000100        0
072 L000100        0
072 M000100        1
072 N000100        0
072 O000100        0
072 P000100        0
072 Q000100       12
072 R000100       11
072 S000100        0
072 T000100        0
072 U000100        0
072 V000100        0
072 W000100       10
072 X000100      269
072 Y000100       30
072 Z000100      281
072AA000100      444
072BB000100        0
072CC010100     3078
072CC020100        0
072DD010100        0
072DD020100        0
072EE000100        0
073 A010100   0.0000
073 A020100   0.0000
073 B000100   0.0000
073 C000100   0.0000
074 A000100       43
074 B000100        0
074 C000100    16843
074 D000100        0
074 E000100        0
074 F000100    45424
074 G000100        0
074 H000100        0
074 I000100        0
074 J000100      241
074 K000100        3
074 L000100      241
074 M000100        0
074 N000100    62795
074 O000100      474
074 P000100       46
074 Q000100        0
074 R010100        0
074 R020100        0
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<PAGE>      PAGE  33
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<PAGE>      PAGE  36
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068 A000600 N
068 B000600 N
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070 A020600 N
070 B010600 N
<PAGE>      PAGE  37
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070 K010600 Y
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<PAGE>      PAGE  38
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<PAGE>      PAGE  41
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068 B000700 N
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008 B000801 A
008 C000801 801-41015
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008 D020801 MI
008 D030801 48911
008 A000802 PUTNAM INVESTMENT MANAGEMENT, INC.
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<PAGE>      PAGE  44
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<PAGE>      PAGE  45
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<PAGE>      PAGE  46
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<PAGE>      PAGE  47
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<PAGE>      PAGE  48
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<PAGE>      PAGE  50
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<PAGE>      PAGE  51
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<PAGE>      PAGE  52
008 A001001 JACKSON NATIONAL FINANCIAL SERVICES, INC.
008 B001001 A
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<PAGE>      PAGE  54
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070 G011000 N
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070 H011000 N
070 H021000 N
070 I011000 N
070 I021000 N
070 J011000 Y
070 J021000 N
070 K011000 Y
070 K021000 Y
070 L011000 Y
070 L021000 N
070 M011000 Y
070 M021000 N
070 N011000 Y
070 N021000 N
070 O011000 Y
070 O021000 N
070 P011000 Y
070 P021000 N
070 Q011000 N
070 Q021000 N
070 R011000 Y
070 R021000 N
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<PAGE>      PAGE  55
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<PAGE>      PAGE  56
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008 B001101 A
008 C001101 801-41015
008 D011101 LANSING
008 D021101 MI
008 D031101 48911
008 A001102 T. ROWE PRICE ASSOCIATES, INC.
008 B001102 S
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008 D011102 BALTIMORE
008 D021102 MD
008 D031102 21202
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<PAGE>      PAGE  57
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056  001100 Y
057  001100 N
058 A001100 N
059  001100 Y
060 A001100 Y
060 B001100 Y
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062 A001100 N
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062 C001100   0.0
062 D001100   0.0
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<PAGE>      PAGE  58
062 G001100   0.0
062 H001100   0.0
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062 J001100   0.0
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062 N001100   0.0
062 O001100   0.0
062 P001100   0.0
062 Q001100   0.0
062 R001100   0.0
066 A001100 Y
066 B001100 N
066 C001100 N
066 D001100 N
066 E001100 Y
066 F001100 N
066 G001100 N
067  001100 N
068 A001100 N
068 B001100 N
069  001100 N
070 A011100 Y
070 A021100 Y
070 B011100 Y
070 B021100 N
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070 C021100 N
070 D011100 Y
070 D021100 N
070 E011100 Y
070 E021100 N
070 F011100 Y
070 F021100 N
070 G011100 Y
070 G021100 N
070 H011100 Y
070 H021100 N
070 I011100 Y
070 I021100 N
070 J011100 Y
070 J021100 N
070 K011100 Y
070 K021100 Y
070 L011100 Y
070 L021100 Y
070 M011100 Y
070 M021100 Y
070 N011100 Y
070 N021100 N
<PAGE>      PAGE  59
070 O011100 Y
070 O021100 N
070 P011100 Y
070 P021100 N
070 Q011100 N
070 Q021100 N
070 R011100 Y
070 R021100 N
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<PAGE>      PAGE  60
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008 A001201 JACKSON NATIONAL FINANCIAL SERVICES, INC.
008 B001201 A
008 C001201 801-41015
008 D011201 LANSING
008 D021201 MI
008 D031201 48911
008 A001202 ROWE-PRICE FLEMING INTERNATIONAL, INC.
008 B001202 S
008 C001202 801-14713
008 D011202 BALTIMORE
008 D021202 MD
008 D031202 21202
024  001200 N
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<PAGE>      PAGE  61
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045  001200 Y
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<PAGE>      PAGE  62
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048 I021200 0.000
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057  001200 N
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059  001200 Y
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060 B001200 Y
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062 P001200   0.0
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066 A001200 Y
066 B001200 N
066 C001200 N
066 D001200 Y
066 E001200 N
066 F001200 N
066 G001200 N
067  001200 N
068 A001200 N
068 B001200 Y
069  001200 N
070 A011200 Y
070 A021200 Y
070 B011200 Y
070 B021200 N
070 C011200 Y
070 C021200 N
070 D011200 Y
<PAGE>      PAGE  63
070 D021200 N
070 E011200 Y
070 E021200 N
070 F011200 Y
070 F021200 N
070 G011200 Y
070 G021200 N
070 H011200 Y
070 H021200 N
070 I011200 Y
070 I021200 N
070 J011200 Y
070 J021200 N
070 K011200 Y
070 K021200 Y
070 L011200 Y
070 L021200 Y
070 M011200 Y
070 M021200 Y
070 N011200 Y
070 N021200 N
070 O011200 Y
070 O021200 N
070 P011200 Y
070 P021200 N
070 Q011200 N
070 Q021200 N
070 R011200 Y
070 R021200 N
071 A001200     25170
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<PAGE>      PAGE  64
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<PAGE>      PAGE  65
076  001200     0.00
008 A001301 JACKSON NATIONAL FINANCIAL SERVICES, INC.
008 B001301 A
008 C001301 801-41015
008 D011301 LANSING
008 D021301 MI
008 D031301 48911
008 A001302 T. ROWE PRICE ASSOCIATES, INC.
008 B001302 S
008 C001302 801-856
008 D011302 BALTIMORE
008 D021302 MD
008 D031302 21202
024  001300 N
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<PAGE>      PAGE  66
045  001300 Y
046  001300 N
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062 P001300   0.0
<PAGE>      PAGE  67
062 Q001300   0.0
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066 A001300 Y
066 B001300 N
066 C001300 Y
066 D001300 N
066 E001300 N
066 F001300 N
066 G001300 N
067  001300 N
068 A001300 N
068 B001300 N
069  001300 N
070 A011300 Y
070 A021300 Y
070 B011300 Y
070 B021300 N
070 C011300 Y
070 C021300 N
070 D011300 Y
070 D021300 N
070 E011300 Y
070 E021300 N
070 F011300 Y
070 F021300 N
070 G011300 Y
070 G021300 N
070 H011300 Y
070 H021300 N
070 I011300 Y
070 I021300 N
070 J011300 Y
070 J021300 N
070 K011300 Y
070 K021300 Y
070 L011300 Y
070 L021300 Y
070 M011300 Y
070 M021300 Y
070 N011300 Y
070 N021300 N
070 O011300 Y
070 O021300 N
070 P011300 Y
070 P021300 N
070 Q011300 N
070 Q021300 N
070 R011300 Y
070 R021300 N
071 A001300     48398
071 B001300     13452
<PAGE>      PAGE  68
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<PAGE>      PAGE  69
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008 A001401 JACKSON NATIONAL FINANCIAL SERVICES, INC.
008 B001401 A
008 C001401 801-41015
008 D011401 LANSING
008 D021401 MI
008 D031401 48911
008 A001402 FRED ALGER MANAGEMENT, INC.
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008 C001402 801-06709
008 D011402 NEW YORK
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008 D031402 10038
024  001400 Y
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025 A001402 DELETE
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025 A001403 MORGAN STANLEY, DEAN WITTER, DISCOVER & CO.
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025 C001403 E
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<PAGE>      PAGE  70
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045  001400 Y
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048 I021400 0.000
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048 J021400 0.000
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<PAGE>      PAGE  71
048 K021400 0.900
055 A001400 N
055 B001400 N
056  001400 Y
057  001400 N
058 A001400 N
059  001400 Y
060 A001400 Y
060 B001400 Y
061  001400     2000
062 A001400 N
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062 P001400   0.0
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066 A001400 Y
066 B001400 N
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066 D001400 N
066 E001400 N
066 F001400 N
066 G001400 N
067  001400 N
068 A001400 N
068 B001400 N
069  001400 N
070 A011400 Y
070 A021400 Y
070 B011400 Y
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070 C021400 N
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070 D021400 N
070 E011400 Y
070 E021400 N
070 F011400 Y
070 F021400 N
<PAGE>      PAGE  72
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070 H011400 Y
070 H021400 N
070 I011400 Y
070 I021400 N
070 J011400 Y
070 J021400 N
070 K011400 Y
070 K021400 Y
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070 M011400 Y
070 M021400 N
070 N011400 Y
070 N021400 N
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070 O021400 N
070 P011400 Y
070 P021400 N
070 Q011400 N
070 Q021400 N
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072 U001400        0
072 V001400        0
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<PAGE>      PAGE  73
072 X001400      279
072 Y001400        5
072 Z001400      -17
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072CC021400        0
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072DD021400        0
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073 A021400   0.0000
073 B001400   0.0000
073 C001400   0.0000
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074 D001400        0
074 E001400        0
074 F001400    59553
074 G001400        0
074 H001400        0
074 I001400        0
074 J001400      461
074 K001400        0
074 L001400      209
074 M001400        0
074 N001400    65766
074 O001400     2532
074 P001400       49
074 Q001400        0
074 R011400        0
074 R021400        0
074 R031400        0
074 R041400       76
074 S001400        0
074 T001400    63109
074 U011400     4844
074 U021400        0
074 V011400    13.03
074 V021400     0.00
074 W001400   0.0000
074 X001400        3
074 Y001400        0
075 A001400        0
075 B001400    50690
076  001400     0.00
008 A001501 JACKSON NATIONAL FINANCIAL SERVICES, INC.
008 B001501 A
008 C001501 801-41015
008 D011501 LANSING
<PAGE>      PAGE  74
008 D021501 MI
008 D031501 48911
008 A001502 EAGLE ASSET MANAGEMENT
008 B001502 S
008 C001502 801-21343
008 D011502 ST. PETERSBURG
008 D021502 FL
008 D031502 33716
024  001500 N
025 A001501 DELETE
025 D001501       0
025 A001502 DELETE
025 D001502       0
025 A001503 DELETE
025 D001503       0
025 D001504       0
025 D001505       0
025 D001506       0
025 D001507       0
025 D001508       0
028 A011500       282
028 A021500         0
028 A031500         0
028 A041500         3
028 B011500       407
028 B021500         0
028 B031500         0
028 B041500         2
028 C011500       881
028 C021500         0
028 C031500         0
028 C041500         5
028 D011500       693
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028 D031500         0
028 D041500         9
028 E011500      1100
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028 E031500         0
028 E041500        41
028 F011500       801
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028 F031500         0
028 F041500        17
028 G011500      4164
028 G021500         0
028 G031500         0
028 G041500        77
028 H001500         0
045  001500 Y
046  001500 N
<PAGE>      PAGE  75
047  001500 Y
048  001500  0.000
048 A011500    50000
048 A021500 0.900
048 B011500   250000
048 B021500 0.850
048 C011500        0
048 C021500 0.000
048 D011500        0
048 D021500 0.000
048 E011500        0
048 E021500 0.000
048 F011500        0
048 F021500 0.000
048 G011500        0
048 G021500 0.000
048 H011500        0
048 H021500 0.000
048 I011500        0
048 I021500 0.000
048 J011500        0
048 J021500 0.000
048 K011500   300000
048 K021500 0.750
055 A001500 N
055 B001500 N
056  001500 Y
057  001500 N
058 A001500 N
059  001500 Y
060 A001500 Y
060 B001500 Y
061  001500     2000
062 A001500 N
062 B001500   0.0
062 C001500   0.0
062 D001500   0.0
062 E001500   0.0
062 F001500   0.0
062 G001500   0.0
062 H001500   0.0
062 I001500   0.0
062 J001500   0.0
062 K001500   0.0
062 L001500   0.0
062 M001500   0.0
062 N001500   0.0
062 O001500   0.0
062 P001500   0.0
062 Q001500   0.0
062 R001500   0.0
<PAGE>      PAGE  76
066 A001500 Y
066 B001500 N
066 C001500 N
066 D001500 Y
066 E001500 N
066 F001500 N
066 G001500 N
067  001500 N
068 A001500 N
068 B001500 N
069  001500 N
070 A011500 Y
070 A021500 N
070 B011500 Y
070 B021500 Y
070 C011500 Y
070 C021500 N
070 D011500 Y
070 D021500 N
070 E011500 Y
070 E021500 N
070 F011500 Y
070 F021500 N
070 G011500 Y
070 G021500 N
070 H011500 Y
070 H021500 N
070 I011500 Y
070 I021500 N
070 J011500 Y
070 J021500 N
070 K011500 Y
070 K021500 Y
070 L011500 Y
070 L021500 N
070 M011500 Y
070 M021500 N
070 N011500 Y
070 N021500 N
070 O011500 Y
070 O021500 N
070 P011500 Y
070 P021500 N
070 Q011500 N
070 Q021500 N
070 R011500 Y
070 R021500 N
071 A001500      4821
071 B001500       826
071 C001500      3660
071 D001500   23
<PAGE>      PAGE  77
072 A001500  6
072 B001500        3
072 C001500       39
072 D001500        0
072 E001500        0
072 F001500       17
072 G001500        0
072 H001500        0
072 I001500        0
072 J001500        1
072 K001500        0
072 L001500        0
072 M001500        1
072 N001500        0
072 O001500        0
072 P001500        0
072 Q001500       12
072 R001500        5
072 S001500        0
072 T001500        0
072 U001500        0
072 V001500        0
072 W001500        2
072 X001500       38
072 Y001500       18
072 Z001500       22
072AA001500       19
072BB001500        0
072CC011500      701
072CC021500        0
072DD011500        0
072DD021500        0
072EE001500        0
073 A011500   0.0000
073 A021500   0.0000
073 B001500   0.0000
073 C001500   0.0000
074 A001500      480
074 B001500        0
074 C001500        0
074 D001500       29
074 E001500      139
074 F001500     6277
074 G001500        0
074 H001500        0
074 I001500        0
074 J001500        0
074 K001500        3
074 L001500       41
074 M001500        0
074 N001500     6969
<PAGE>      PAGE  78
074 O001500      151
074 P001500        5
074 Q001500        0
074 R011500        0
074 R021500        0
074 R031500        4
074 R041500       26
074 S001500        0
074 T001500     6783
074 U011500      538
074 U021500        0
074 V011500    12.61
074 V021500     0.00
074 W001500   0.0000
074 X001500        2
074 Y001500        0
075 A001500        0
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008 A001601 JACKSON NATIONAL FINANCIAL SERVICES, INC.
008 B001601 A
008 C001601 801-41015
008 D011601 LANSING
008 D021601 MI
008 D031601 48911
008 A001602 EAGLE ASSET MANAGEMENT, INC.
008 B001602 S
008 C001602 801-21343
008 D011602 ST. PETERSBURG
008 D021602 FL
008 D031602 33716
024  001600 N
025 A001601 DELETE
025 D001601       0
025 D001602       0
025 D001603       0
025 D001604       0
025 D001605       0
025 D001606       0
025 D001607       0
025 D001608       0
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028 A031600         0
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028 B011600       662
028 B021600         0
028 B031600         0
028 B041600       220
028 C011600      1169
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<PAGE>      PAGE  79
028 C031600         0
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028 F011600       929
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028 F031600         0
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028 G011600      4747
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028 G041600       544
028 H001600         0
045  001600 Y
046  001600 N
047  001600 Y
048  001600  0.000
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048 A021600 0.950
048 B011600   350000
048 B021600 0.900
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048 D011600        0
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048 E011600        0
048 E021600 0.000
048 F011600        0
048 F021600 0.000
048 G011600        0
048 G021600 0.000
048 H011600        0
048 H021600 0.000
048 I011600        0
048 I021600 0.000
048 J011600        0
048 J021600 0.000
048 K011600   500000
048 K021600 0.850
055 A001600 N
055 B001600 N
056  001600 Y
057  001600 N
058 A001600 N
059  001600 Y
<PAGE>      PAGE  80
060 A001600 Y
060 B001600 Y
061  001600     2000
062 A001600 N
062 B001600   0.0
062 C001600   0.0
062 D001600   0.0
062 E001600   0.0
062 F001600   0.0
062 G001600   0.0
062 H001600   0.0
062 I001600   0.0
062 J001600   0.0
062 K001600   0.0
062 L001600   0.0
062 M001600   0.0
062 N001600   0.0
062 O001600   0.0
062 P001600   0.0
062 Q001600   0.0
062 R001600   0.0
066 A001600 Y
066 B001600 N
066 C001600 Y
066 D001600 N
066 E001600 N
066 F001600 N
066 G001600 N
067  001600 N
068 A001600 N
068 B001600 N
069  001600 N
070 A011600 Y
070 A021600 N
070 B011600 Y
070 B021600 N
070 C011600 Y
070 C021600 N
070 D011600 Y
070 D021600 N
070 E011600 Y
070 E021600 N
070 F011600 Y
070 F021600 N
070 G011600 Y
070 G021600 N
070 H011600 Y
070 H021600 N
070 I011600 Y
070 I021600 N
070 J011600 Y
<PAGE>      PAGE  81
070 J021600 N
070 K011600 Y
070 K021600 Y
070 L011600 Y
070 L021600 N
070 M011600 Y
070 M021600 N
070 N011600 Y
070 N021600 N
070 O011600 Y
070 O021600 N
070 P011600 Y
070 P021600 N
070 Q011600 N
070 Q021600 N
070 R011600 Y
070 R021600 N
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071 B001600       952
071 C001600      3620
071 D001600   26
072 A001600  6
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072 C001600        6
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072 F001600       18
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072 H001600        0
072 I001600        0
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072 K001600        0
072 L001600        0
072 M001600        1
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072 O001600        0
072 P001600        0
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072 R001600        4
072 S001600        0
072 T001600        0
072 U001600        0
072 V001600        0
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072 Y001600       17
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072CC021600        0
<PAGE>      PAGE  82
072DD011600        0
072DD021600        0
072EE001600        0
073 A011600   0.0000
073 A021600   0.0000
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073 C001600   0.0000
074 A001600      295
074 B001600        0
074 C001600        0
074 D001600        0
074 E001600        0
074 F001600     6670
074 G001600        0
074 H001600        0
074 I001600        0
074 J001600        0
074 K001600        3
074 L001600       45
074 M001600        0
074 N001600     7013
074 O001600        0
074 P001600        5
074 Q001600        0
074 R011600        0
074 R021600        0
074 R031600        0
074 R041600       25
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074 T001600     6983
074 U011600      517
074 U021600        0
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074 Y001600        0
075 A001600        0
075 B001600     4237
076  001600     0.00
SIGNATURE   ANDREW B. HOPPING                            
TITLE       PRESIDENT           
 


<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 1
   <NAME> JNL AGGRESSIVE GROWTH SERIES
       
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 2
   <NAME> JNL CAPITAL GROWTH SERIES
       
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<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               JUN-30-1997
<INVESTMENTS-AT-COST>                         52783377
<INVESTMENTS-AT-VALUE>                        61247396
<RECEIVABLES>                                   559877
<ASSETS-OTHER>                                   70921
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                61878194
<PAYABLE-FOR-SECURITIES>                        778724
<SENIOR-LONG-TERM-DEBT>                              0
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<SHARES-COMMON-PRIOR>                          2555038
<ACCUMULATED-NII-CURRENT>                       106682
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<NET-INVESTMENT-INCOME>                        (27194)
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 3
   <NAME> JNL GLOBAL EQUITIES SERIES
       
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<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               JUN-30-1997
<INVESTMENTS-AT-COST>                         93106846
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<RECEIVABLES>                                  8825844
<ASSETS-OTHER>                                 3733813
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<TOTAL-ASSETS>                               123507702
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<OTHER-ITEMS-LIABILITIES>                      5330770
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<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      92557071
<SHARES-COMMON-STOCK>                          6274355
<SHARES-COMMON-PRIOR>                          3199648
<ACCUMULATED-NII-CURRENT>                       348042
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<ACCUMULATED-NET-GAINS>                        1188668
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<NET-ASSETS>                                 112332624
<DIVIDEND-INCOME>                               704399
<INTEREST-INCOME>                               217734
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<APPREC-INCREASE-CURRENT>                     11460247
<NET-CHANGE-FROM-OPS>                         13173545
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                       60633846
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<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                        63694150
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                         149359
<OVERDIST-NET-GAINS-PRIOR>                       27229
<GROSS-ADVISORY-FEES>                           369034
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 497318
<AVERAGE-NET-ASSETS>                          79364751
<PER-SHARE-NAV-BEGIN>                             15.2
<PER-SHARE-NII>                                    .10
<PER-SHARE-GAIN-APPREC>                            2.6
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               17.9
<EXPENSE-RATIO>                                   1.15
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<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 4
   <NAME> PPM AMERICA/JNL BALANCED SERIES
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               JUN-30-1997
<INVESTMENTS-AT-COST>                         40854996
<INVESTMENTS-AT-VALUE>                        42358157
<RECEIVABLES>                                   587982
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                42946139
<PAYABLE-FOR-SECURITIES>                        368802
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        81837
<TOTAL-LIABILITIES>                             450639
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      38151519
<SHARES-COMMON-STOCK>                          3261326
<SHARES-COMMON-PRIOR>                          2049217
<ACCUMULATED-NII-CURRENT>                       530284
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        2310536
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       1503161
<NET-ASSETS>                                  42495500
<DIVIDEND-INCOME>                               141630
<INTEREST-INCOME>                               545877
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<EXPENSES-NET>                                  159309
<NET-INVESTMENT-INCOME>                         528198
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<APPREC-INCREASE-CURRENT>                       889072
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<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                       17448456
<NUMBER-OF-SHARES-REDEEMED>                    2470594
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                        18076923
<ACCUMULATED-NII-PRIOR>                           2086
<ACCUMULATED-GAINS-PRIOR>                       628745
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
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<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 175175
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<PER-SHARE-NII>                                    .16
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<PER-SHARE-NAV-END>                              13.03
<EXPENSE-RATIO>                                    .99
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 5
   <NAME> JNL/PUTNAM GROWTH SERIES
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               JUN-30-1997
<INVESTMENTS-AT-COST>                         63755698
<INVESTMENTS-AT-VALUE>                        68616738
<RECEIVABLES>                                   366444
<ASSETS-OTHER>                                  746286
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                69729468
<PAYABLE-FOR-SECURITIES>                        284903
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      9119580
<TOTAL-LIABILITIES>                            9404483
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      55227459
<SHARES-COMMON-STOCK>                          3892704
<SHARES-COMMON-PRIOR>                          1604348
<ACCUMULATED-NII-CURRENT>                       123788
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         648978
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       4324760
<NET-ASSETS>                                  60324985
<DIVIDEND-INCOME>                               245440
<INTEREST-INCOME>                               125466
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  247118
<NET-INVESTMENT-INCOME>                         123788
<REALIZED-GAINS-CURRENT>                        (9330)
<APPREC-INCREASE-CURRENT>                      4034412
<NET-CHANGE-FROM-OPS>                          4148870
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                       44384677
<NUMBER-OF-SHARES-REDEEMED>                   11012077
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                        37521470
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                       658308
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           177534
<INTEREST-EXPENSE>                                5966
<GROSS-EXPENSE>                                 256070
<AVERAGE-NET-ASSETS>                          41783623
<PER-SHARE-NAV-BEGIN>                            14.21
<PER-SHARE-NII>                                    .03
<PER-SHARE-GAIN-APPREC>                           1.26
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              15.50
<EXPENSE-RATIO>                                   1.05
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 6
   <NAME> PPM AMERICA/JNL HIGH YIELD BOND SERIES
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               JUN-30-1997
<INVESTMENTS-AT-COST>                         37672042
<INVESTMENTS-AT-VALUE>                        38694896
<RECEIVABLES>                                   895779
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                39590675
<PAYABLE-FOR-SECURITIES>                        798640
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        63707
<TOTAL-LIABILITIES>                             862347
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      36251362
<SHARES-COMMON-STOCK>                          3402292
<SHARES-COMMON-PRIOR>                          1255147
<ACCUMULATED-NII-CURRENT>                      1032166
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         421946
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       1022854
<NET-ASSETS>                                  38728328
<DIVIDEND-INCOME>                                11975
<INTEREST-INCOME>                              1125085
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  110935
<NET-INVESTMENT-INCOME>                        1026125
<REALIZED-GAINS-CURRENT>                        252381
<APPREC-INCREASE-CURRENT>                       608904
<NET-CHANGE-FROM-OPS>                          1887410
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                       26437309
<NUMBER-OF-SHARES-REDEEMED>                    2992787
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                        25331932
<ACCUMULATED-NII-PRIOR>                           6041
<ACCUMULATED-GAINS-PRIOR>                       169565
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            92446
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 120697
<AVERAGE-NET-ASSETS>                          26854243
<PER-SHARE-NAV-BEGIN>                            10.67
<PER-SHARE-NII>                                     .3
<PER-SHARE-GAIN-APPREC>                            .41
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              11.38
<EXPENSE-RATIO>                                     .9
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 7
   <NAME> PPM AMERICA/JNL MONEY MARKET SERIES
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               JUN-30-1997
<INVESTMENTS-AT-COST>                         37888743
<INVESTMENTS-AT-VALUE>                        37888743
<RECEIVABLES>                                   199808
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                38088551
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       232330
<TOTAL-LIABILITIES>                             232330
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      37856221
<SHARES-COMMON-STOCK>                         37856221
<SHARES-COMMON-PRIOR>                         23752187
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             0
<NET-ASSETS>                                  37856221
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                               897712
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  120127
<NET-INVESTMENT-INCOME>                         777585
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                            0
<NET-CHANGE-FROM-OPS>                           777585
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       777585
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                       49513756
<NUMBER-OF-SHARES-REDEEMED>                   36163437
<SHARES-REINVESTED>                             753715
<NET-CHANGE-IN-ASSETS>                        14104034
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            96101
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 128129
<AVERAGE-NET-ASSETS>                                 0
<PER-SHARE-NAV-BEGIN>                             1.00
<PER-SHARE-NII>                                    .02
<PER-SHARE-GAIN-APPREC>                              0
<PER-SHARE-DIVIDEND>                               .02
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               1.00
<EXPENSE-RATIO>                                    .75
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 8
   <NAME> JNL/PUTNAM VALUE EQUITY SERIES
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               JUN-30-1997
<INVESTMENTS-AT-COST>                         51682727
<INVESTMENTS-AT-VALUE>                        54696151
<RECEIVABLES>                                   955815
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                55651966
<PAYABLE-FOR-SECURITIES>                       1604135
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        95031
<TOTAL-LIABILITIES>                            1699166
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      47454185
<SHARES-COMMON-STOCK>                          3267397
<SHARES-COMMON-PRIOR>                          1225273
<ACCUMULATED-NII-CURRENT>                       317693
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        3167498
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       3013424
<NET-ASSETS>                                  53952800
<DIVIDEND-INCOME>                               423657
<INTEREST-INCOME>                                38625
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  149861
<NET-INVESTMENT-INCOME>                         312421
<REALIZED-GAINS-CURRENT>                       3035336
<APPREC-INCREASE-CURRENT>                      1062329
<NET-CHANGE-FROM-OPS>                          4410086
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                       33836730
<NUMBER-OF-SHARES-REDEEMED>                    2054694
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                        36192122
<ACCUMULATED-NII-PRIOR>                           5272
<ACCUMULATED-GAINS-PRIOR>                       132162
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           126716
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 173263
<AVERAGE-NET-ASSETS>                          34153870
<PER-SHARE-NAV-BEGIN>                            14.50
<PER-SHARE-NII>                                    .09
<PER-SHARE-GAIN-APPREC>                           1.92
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              16.51
<EXPENSE-RATIO>                                    .97
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 9
   <NAME> SALOMON BROTHERS/JNL GLOBAL BOND SERIES
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               JUN-30-1997
<INVESTMENTS-AT-COST>                         26030482
<INVESTMENTS-AT-VALUE>                        26784706
<RECEIVABLES>                                  1534886
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                28319592
<PAYABLE-FOR-SECURITIES>                       1872122
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        81294
<TOTAL-LIABILITIES>                            1953416
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      25000314
<SHARES-COMMON-STOCK>                          2352786
<SHARES-COMMON-PRIOR>                          1174127
<ACCUMULATED-NII-CURRENT>                       688276
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                         81643
<ACCUM-APPREC-OR-DEPREC>                        759229
<NET-ASSETS>                                  26366176
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                               755938
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   92568
<NET-INVESTMENT-INCOME>                         663370
<REALIZED-GAINS-CURRENT>                      (139090)
<APPREC-INCREASE-CURRENT>                       571526
<NET-CHANGE-FROM-OPS>                          1095806
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                       15544519
<NUMBER-OF-SHARES-REDEEMED>                    2757092
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                        13883233
<ACCUMULATED-NII-PRIOR>                          24906
<ACCUMULATED-GAINS-PRIOR>                        57447
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            78137
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 125896
<AVERAGE-NET-ASSETS>                          19517766
<PER-SHARE-NAV-BEGIN>                            10.63
<PER-SHARE-NII>                                    .27
<PER-SHARE-GAIN-APPREC>                            .31
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              11.21
<EXPENSE-RATIO>                                   1.00
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 10
   <NAME> SALOMON BROTHERS/U.S. GOVERNMENT AND QUALITY BOND SERIES
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               JUN-30-1997
<INVESTMENTS-AT-COST>                         21752277
<INVESTMENTS-AT-VALUE>                        21828286
<RECEIVABLES>                                  2244783
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                24073069
<PAYABLE-FOR-SECURITIES>                       6622782
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        49699
<TOTAL-LIABILITIES>                            6672481
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      16970288
<SHARES-COMMON-STOCK>                          1666186
<SHARES-COMMON-PRIOR>                           963480
<ACCUMULATED-NII-CURRENT>                       407981
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                         53690
<ACCUM-APPREC-OR-DEPREC>                         76009
<NET-ASSETS>                                  17400588
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                               464746
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   56765
<NET-INVESTMENT-INCOME>                         407981
<REALIZED-GAINS-CURRENT>                       (63645)
<APPREC-INCREASE-CURRENT>                        26228
<NET-CHANGE-FROM-OPS>                           370564
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        9604691
<NUMBER-OF-SHARES-REDEEMED>                    2406407
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                         7568848
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                         9955
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            46747
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                  72987
<AVERAGE-NET-ASSETS>                          13995885
<PER-SHARE-NAV-BEGIN>                            10.20
<PER-SHARE-NII>                                    .24
<PER-SHARE-GAIN-APPREC>                              0
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.44
<EXPENSE-RATIO>                                    .85
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 11
   <NAME> T. ROWE PRICE/JNL ESTABLISHED GROWTH SERIES
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               JUN-30-1997
<INVESTMENTS-AT-COST>                         70522410
<INVESTMENTS-AT-VALUE>                        81262589
<RECEIVABLES>                                   539007
<ASSETS-OTHER>                                   53115
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                81854711
<PAYABLE-FOR-SECURITIES>                        730520
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       126278
<TOTAL-LIABILITIES>                             856798
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      67111227
<SHARES-COMMON-STOCK>                          5482303
<SHARES-COMMON-PRIOR>                          2571210
<ACCUMULATED-NII-CURRENT>                       152783
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        2994098
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      10739805
<NET-ASSETS>                                  80997913
<DIVIDEND-INCOME>                               316446
<INTEREST-INCOME>                               104304
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  264071
<NET-INVESTMENT-INCOME>                         156679
<REALIZED-GAINS-CURRENT>                       3029655
<APPREC-INCREASE-CURRENT>                      6745092
<NET-CHANGE-FROM-OPS>                          9931426
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                       42450763
<NUMBER-OF-SHARES-REDEEMED>                    3675217
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                        48706972
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                           3896
<OVERDIST-NET-GAINS-PRIOR>                       35557
<GROSS-ADVISORY-FEES>                           224144
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 273534
<AVERAGE-NET-ASSETS>                          56813472
<PER-SHARE-NAV-BEGIN>                            12.56
<PER-SHARE-NII>                                    .03
<PER-SHARE-GAIN-APPREC>                           2.18
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              14.77
<EXPENSE-RATIO>                                   1.00
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 12
   <NAME> T. ROWE PRICE/JNL INTERNATIONAL EQUITY INVESTMENT SERIES
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               JUN-30-1997
<INVESTMENTS-AT-COST>                         63174874
<INVESTMENTS-AT-VALUE>                        74180154
<RECEIVABLES>                                   525708
<ASSETS-OTHER>                                  570919
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                75276781
<PAYABLE-FOR-SECURITIES>                        627885
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       163048
<TOTAL-LIABILITIES>                             790933
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      61959817
<SHARES-COMMON-STOCK>                          5524808
<SHARES-COMMON-PRIOR>                          3989593
<ACCUMULATED-NII-CURRENT>                       525964
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         988182
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      11011885
<NET-ASSETS>                                  74485848
<DIVIDEND-INCOME>                               734839
<INTEREST-INCOME>                                85498
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  359912
<NET-INVESTMENT-INCOME>                         460425
<REALIZED-GAINS-CURRENT>                        971709
<APPREC-INCREASE-CURRENT>                      5874957
<NET-CHANGE-FROM-OPS>                          7307091
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                       21608084
<NUMBER-OF-SHARES-REDEEMED>                    2633656
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                        26281519
<ACCUMULATED-NII-PRIOR>                          65539
<ACCUMULATED-GAINS-PRIOR>                        16473
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           316085
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 400358
<AVERAGE-NET-ASSETS>                          60334460
<PER-SHARE-NAV-BEGIN>                            12.08
<PER-SHARE-NII>                                    .08
<PER-SHARE-GAIN-APPREC>                           1.32
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              13.48
<EXPENSE-RATIO>                                   1.24
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 13
   <NAME> T. ROWE PRICE/JNL MID-CAP GROWTH SERIES
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               JUN-30-1997
<INVESTMENTS-AT-COST>                         81830188
<INVESTMENTS-AT-VALUE>                        92378697
<RECEIVABLES>                                  1482006
<ASSETS-OTHER>                                     234
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                93860937
<PAYABLE-FOR-SECURITIES>                       2109452
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       178377
<TOTAL-LIABILITIES>                            2287829
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      80428659
<SHARES-COMMON-STOCK>                          5796131
<SHARES-COMMON-PRIOR>                          3163175
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                           71068
<ACCUMULATED-NET-GAINS>                         667215
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      10548302
<NET-ASSETS>                                  91573108
<DIVIDEND-INCOME>                                85986
<INTEREST-INCOME>                               206708
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  363461
<NET-INVESTMENT-INCOME>                        (70767)
<REALIZED-GAINS-CURRENT>                        683880
<APPREC-INCREASE-CURRENT>                      5437523
<NET-CHANGE-FROM-OPS>                          6050636
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                       44299012
<NUMBER-OF-SHARES-REDEEMED>                    5881029
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                        44468619
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                            301
<OVERDIST-NET-GAINS-PRIOR>                       16665
<GROSS-ADVISORY-FEES>                           313898
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 369799
<AVERAGE-NET-ASSETS>                          69620015
<PER-SHARE-NAV-BEGIN>                            14.89
<PER-SHARE-NII>                                    .01
<PER-SHARE-GAIN-APPREC>                            .92
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               15.8
<EXPENSE-RATIO>                                   1.10
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 14
   <NAME> JNL/ALGER GROWTH SERIES
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               JUN-30-1997
<INVESTMENTS-AT-COST>                         54714690
<INVESTMENTS-AT-VALUE>                        65096135
<RECEIVABLES>                                   669679
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                65765814
<PAYABLE-FOR-SECURITIES>                       2532199
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       124279
<TOTAL-LIABILITIES>                            2656478
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      51987984
<SHARES-COMMON-STOCK>                          4843749
<SHARES-COMMON-PRIOR>                          3428898
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                           16761
<ACCUMULATED-NET-GAINS>                         756668
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      10381445
<NET-ASSETS>                                  63109336
<DIVIDEND-INCOME>                               170914
<INTEREST-INCOME>                                86317
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  273992
<NET-INVESTMENT-INCOME>                        (16761)
<REALIZED-GAINS-CURRENT>                       1457247
<APPREC-INCREASE-CURRENT>                      6716761
<NET-CHANGE-FROM-OPS>                          8157247
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                       21190205
<NUMBER-OF-SHARES-REDEEMED>                    4490207
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                        24857245
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                      700579
<GROSS-ADVISORY-FEES>                           237460
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 279422
<AVERAGE-NET-ASSETS>                          50690070
<PER-SHARE-NAV-BEGIN>                            11.16
<PER-SHARE-NII>                                      0
<PER-SHARE-GAIN-APPREC>                           1.87
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              13.03
<EXPENSE-RATIO>                                  1.125
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 15
   <NAME> JNL/EAGLE CORE EQUITY SERIES
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               JUN-30-1997
<INVESTMENTS-AT-COST>                          5664300
<INVESTMENTS-AT-VALUE>                         6445300
<RECEIVABLES>                                    43377
<ASSETS-OTHER>                                  480265
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                 6968942
<PAYABLE-FOR-SECURITIES>                        151373
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        34432
<TOTAL-LIABILITIES>                             185805
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       5966727
<SHARES-COMMON-STOCK>                           538082
<SHARES-COMMON-PRIOR>                           184058
<ACCUMULATED-NII-CURRENT>                        21760
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                          14515
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        780135
<NET-ASSETS>                                   6783137
<DIVIDEND-INCOME>                                38811
<INTEREST-INCOME>                                 2917
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   19968
<NET-INVESTMENT-INCOME>                          21760
<REALIZED-GAINS-CURRENT>                         18942
<APPREC-INCREASE-CURRENT>                       700863
<NET-CHANGE-FROM-OPS>                           741565
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        4164355
<NUMBER-OF-SHARES-REDEEMED>                      76980
<SHARES-REINVESTED>                            4828940
<NET-CHANGE-IN-ASSETS>                               0
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                        4427
<GROSS-ADVISORY-FEES>                            17115
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                  38423
<AVERAGE-NET-ASSETS>                           4214390
<PER-SHARE-NAV-BEGIN>                            10.62
<PER-SHARE-NII>                                    .04
<PER-SHARE-GAIN-APPREC>                           1.95
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.61
<EXPENSE-RATIO>                                   1.05
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 16
   <NAME> JNL/EAGLE SMALLCAP EQUITY SERIES
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               JUN-30-1997
<INVESTMENTS-AT-COST>                          5694744
<INVESTMENTS-AT-VALUE>                         6669744
<RECEIVABLES>                                    48947
<ASSETS-OTHER>                                  294510
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                 7013201
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        30343
<TOTAL-LIABILITIES>                              30343
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       5943206
<SHARES-COMMON-STOCK>                           517462
<SHARES-COMMON-PRIOR>                           168506
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                           11734
<ACCUMULATED-NET-GAINS>                          76386
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        975000
<NET-ASSETS>                                   6982858
<DIVIDEND-INCOME>                                 5765
<INTEREST-INCOME>                                 3318
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   20817
<NET-INVESTMENT-INCOME>                        (11734)
<REALIZED-GAINS-CURRENT>                         85723
<APPREC-INCREASE-CURRENT>                       761291
<NET-CHANGE-FROM-OPS>                           835280
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        4747096
<NUMBER-OF-SHARES-REDEEMED>                     543607
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                         5038769
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                        9337
<GROSS-ADVISORY-FEES>                            17978
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                  38376
<AVERAGE-NET-ASSETS>                           4236636
<PER-SHARE-NAV-BEGIN>                            11.54
<PER-SHARE-NII>                                    .02
<PER-SHARE-GAIN-APPREC>                           1.97
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              13.49
<EXPENSE-RATIO>                                   1.10
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

ITEM 77:  ATTACHMENTS


SUB-ITEM 77C:  Submission of matters to a vote of security holders

(a)  A Special Meeting of Shareholders of the JNL Series Trust was held
on April 24, 1997.

(b)  Not Applicable

(c)  The matters voted upon at the meeting and the number of affirmative
votes and the number of negative votes cast with respect to each matter
were as follows:

     A change in sub-adviser for the JNL/Phoenix Investment Counsel
Balanced Series from Phoenix Investment Counsel, Inc. to PPM America,
Inc. and a proposed Amendment to the Sub-Advisory Agreement between
Jackson National Financial Services, Inc. and PPM America, Inc.

     Affirmative Votes:  2,114,022.284 shares
     Negative Votes:  86,761.146 shares

     A change in sub-adviser for the JNL/Phoenix Investment Counsel
Growth Series from Phoenix Investment Counsel, Inc. to Putnam Investment
Management, Inc., a proposed Sub-Advisory Agreement between Jackson
National Financial Services, Inc. and Putnam Investment Management, Inc.
and a proposed Amendment to the Amended Investment Advisory and
Management Agreement between the JNL Series Trust and Jackson National
Financial Services, Inc. which provides for a fee increase at certain
breakpoints.

     Affirmative Votes:  1,852,071.436 shares
     Negative Votes:  114,314.603 shares

     A change in sub-adviser for the PPM America/JNL Value Equity Series
from PPM America, Inc. to Putnam Investment Management, Inc., a proposed
Sub-Advisory Agreement between Jackson National Financial Services, Inc.
and Putnam Investment Management, Inc. and a proposed Amendment to the
Amended Investment Advisory and Management Agreement between the JNL
Series Trust and Jackson National Financial Services, Inc. which
provides for a fee increase at certain breakpoints.

     Affirmative Votes:  1,431,867.873 shares
     Negative Votes:  66,971.274 shares

(d)  Not Applicable


SUB-ITEM 77O:  Transactions effected pursuant to Rule 10f-3

     Trade                     Purchased  Price  Closin  Affilated
Seri Date    Share  Company    From       /      g       UW
es           s                            share  Price   participa
                                                         ting
                                                           
16   01/29/   400   Coldwater  Montgomer  $15.0  $16.875 Raymond
     97             Creek      y Sec.     00     0       James
                    Inc.
16   02/04/   900   Circuit    McDonald   20.00  20.6250 Raymond
     97             City/      & Co.      0              James
                    Carmax
                    Group
16   02/26/  3,000  Edge       Jefferies  16.50  18.5000 Raymond
     97             Petroleum             00             James
                    Corp.
16   03/04/  3,000  Ameritrad  First      15.00  19.5000 Raymond
     97             e Holding  Boston     0              James
                    Corp.
16   03/07/  6,000  Pioneer    Lazard     13.00  13.5625 N/A
     97             Standard   Freres     0
                    Elec.
16   03/19/  2,000  Protein    Oppenheim  32.00  32.0000 N/A
     97             Design     er         0
                    Labs
16   04/04/  1,500  Gulf       Johnson    15.00  16.8125 Raymond
     97             Island     Rice/Jeff  0              James
                    Fabricati  eries
                    on Inc.
16   04/17/  5,000  Strayer    Smith      21.00  23.5000 Raymond
     97             Education  Barney     0              James
                    Inc.
15   04/25/  2,050  Hertz      J.P.       24.00  27.6250 N/A
     97             Corp.      Morgan     0
16   06/10/  11,44  RCM        Legg       9.500  10.1250 Raymond
     97      0      Technolog  Mason                     James
                    ies Inc.
16   06/24/  10,00  Furniture  Smith      17.00  18.0000 Raymond
     97      0      Brands     Barney     0              James
                    Int'l.

For all transactions listed, the determination described in paragraph
(h)(3) of Rule 10f-3 was made based on the following information:  the
securities were part of an issue registered under the Securities Act of
1933 which was being offered to the public; the purchase price paid did
not exceed the offering price at the close of the first full business
day after the first day of the offering (or, if a rights offering, the
securities were purchased on the fourth day preceding the day on which
the offering terminated); the underwriting was a firm commitment
underwriting; the commission, spread or profit was reasonable and fair
in relation to that being received by others for underwriting similar
securities during the same period; the issuer of the securities and its
predecessors had been in continuous operation for not less than three
years; the amount of such securities purchased by all of the investment
companies advised by the sub-adviser (i) did not exceed 4% of the
principal amount of the offering or (ii) if $5,000 or less, did not
exceed 10% of the principal amount of the offering; the purchase price
was less than 3% of the Registrant's total assets; no affiliated
underwriter of the Registrant was a direct or indirect participant in or
beneficiary of the sale.



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