JNL SERIES TRUST
NSAR-B, 1999-03-01
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<PAGE>      PAGE  1
000 B000000 12/31/98
000 C000000 0000933691
000 D000000 N
000 E000000 F
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
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 36
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
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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/JNL 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
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007 C011700 17
007 C021700 JNL/ALLIANCE GROWTH
007 C031700 N
007 C011800 18
007 C021800 JNL/JPM INTERNATIONAL & EMERGING MARKETS
007 C031800 N
007 C011900 19
007 C021900 JNL/PIMCO TOTAL RETURN BOND
007 C031900 N
007 C012000 20
007 C022000 GOLDMAN SACHS/JNL GROWTH & INCOME
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007 C012100 21
007 C022100 LAZARD/JNL SMALL CAP VALUE
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007 C022200 LAZARD/JNL MID CAP VALUE
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007 C022400 SALOMON BROTHERS/JNL HIGH YIELD BOND
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007 C022600 JNL/S&P MODERATE GROWTH I
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007 C012700 27
007 C022700 JNL/S&P AGGRESSIVE GROWTH I
<PAGE>      PAGE  3
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007 C012800 28
007 C022800 JNL/S&P VERY AGGRESSIVE GROWTH I
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007 C012900 29
007 C022900 JNL/S&P EQUITY GROWTH I
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007 C013000 30
007 C023000 JNL/S&P EQUITY AGGRESSIVE GROWTH I
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007 C013100 31
007 C023100 JNL/S&P CONSERVATIVE GROWTH II
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007 C013200 32
007 C023200 JNL/S&P MODERATE GROWTH II
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007 C013300 33
007 C023300 JNL/S&P AGGRESSIVE GROWTH II
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007 C013400 34
007 C023400 JNL/S&P VERY AGGRESSIVE GROWTH II
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007 C023500 JNL/S&P EQUITY GROWTH II
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007 C013600 36
007 C023600 JNL/S&P EQUITY AGGRESSIVE GROWTH II
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007 C013800 38
007 C013900 39
007 C014000 40
007 C014100 41
007 C014200 42
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<PAGE>      PAGE  4
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<PAGE>      PAGE  5
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<PAGE>      PAGE  6
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<PAGE>      PAGE  7
077 I000000 N
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<PAGE>      PAGE  8
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<PAGE>      PAGE  9
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<PAGE>      PAGE  10
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070 J010100 Y
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<PAGE>      PAGE  11
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<PAGE>      PAGE  12
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<PAGE>      PAGE  13
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<PAGE>      PAGE  14
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<PAGE>      PAGE  15
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<PAGE>      PAGE  16
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<PAGE>      PAGE  17
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008 A000301 JACKSON NATIONAL FINANCIAL SERVICES, INC.
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<PAGE>      PAGE  18
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015 A000309 CANADA TRUSTCO MORTGAGE COMPANY
015 B000309 S
015 C010309 TORONTO
015 D010309 CANADA
015 E040309 X
015 A000310 CITIBANK N.A.
015 B000310 S
015 C010310 SANTIAGO
015 D010310 CHILE
015 E040310 X
015 A000311 HONGKONG & SHANGHAI BANKING CORP. LTD
015 B000311 S
015 C010311 SHANGHAI
015 D010311 CHINA
015 E040311 X
015 A000312 CITITRUST COLOMBIA SA
015 B000312 S
015 C010312 SANTAFE DE BOGOTA
015 D010312 COLOMBIA
015 E040312 X
015 A000313 BARCLAYS BANK PLC
015 B000313 S
015 C010313 NICOSIA
015 D010313 CYPRUS
015 E040313 X
015 A000314 CESKOSLOVENSKA OBCHODNI BANKA A.S.
015 B000314 S
015 C010314 PRAGUE
015 D010314 CZECH REPUBLIC
015 E040314 X
015 A000315 DEN DANSKE BANK
015 B000315 S
015 C010315 COPENHAGEN
015 D010315 DENMARK
015 E040315 X
015 A000316 CITIBANK N.A.
015 B000316 S
015 C010316 QUITO
015 D010316 ECUADOR
015 E040316 X
015 A000317 NATIONAL BANK OF EGYPT
015 B000317 S
015 C010317 CAIRO
015 D010317 EGYPT
015 E040317 X
015 A000318 MERITA BANK LIMITED
015 B000318 S
<PAGE>      PAGE  19
015 C010318 HELSINKI
015 D010318 FINLAND
015 E040318 X
015 A000319 BANQUE PARIBAS
015 B000319 S
015 C010319 PARIS
015 D010319 FRANCE
015 E040319 X
015 A000320 DRESDNER BANK AG
015 B000320 S
015 C010320 FRANKFURT
015 D010320 GERMANY
015 E040320 X
015 A000321 BARCLAYS BANK OF GHANA LIMITED
015 B000321 S
015 C010321 ACCRA
015 D010321 GHANA
015 E040321 X
015 A000322 NATIONAL BANK OF GREECE SA
015 B000322 S
015 C010322 ATHENS
015 D010322 GREECE
015 E040322 X
015 A000323 STANDARD CHARTERED BANK
015 B000323 S
015 C010323 HONG KONG
015 D010323 HONG KONG
015 E040323 X
015 A000324 CITIBANK BUDAPEST RT.
015 B000324 S
015 C010324 BUDAPEST
015 D010324 HUNGARY
015 E040324 X
015 A000325 HONGKONG & SHANGHAI BANKING CORP LTD.
015 B000325 S
015 C010325 MUMBAI
015 D010325 INDIA
015 E040325 X
015 A000326 STANDARD CHARTERED BANK
015 B000326 S
015 C010326 JAKARTA
015 D010326 INDONESIA
015 E040326 X
015 A000327 BANK OF IRELAND
015 B000327 S
015 C010327 DUBLIN
015 D010327 IRELAND
015 E040327 X
015 A000328 BANK HAPOALIM BM
015 B000328 S
015 C010328 TEL AVIV
<PAGE>      PAGE  20
015 D010328 ISRAEL
015 E040328 X
015 A000329 SOCIETE GENERALE DE BANQUE EN COTE
015 B000329 S
015 C010329 ABIDJAN
015 D010329 IVORY COAST
015 E040329 X
015 A000330 MORGAN GUARANTY TRUST CO. OF NY
015 B000330 S
015 C010330 MILAN
015 D010330 ITALY
015 E040330 X
015 A000331 THE SUMITOMO TRUST & BANKING CO. LTD.
015 B000331 S
015 C010331 TOKYO
015 D010331 JAPAN
015 E040331 X
015 A000332 THE DAIWA BANK LTD.
015 B000332 S
015 C010332 TOKYO
015 D010332 JAPAN
015 E040332 X
015 A000333 THE FUJI BANK, LIMITED
015 B000333 S
015 C010333 TOKYO
015 D010333 JAPAN
015 E040333 X
015 A000334 THE BRITISH BANK OF THE MIDDLE EAST
015 B000334 S
015 C010334 JEBEL AL-HUSSEIN
015 D010334 JORDAN
015 E040334 X
015 A000335 BARCLAYS BANK OF KENYA LIMITED
015 B000335 S
015 C010335 NAIROBI
015 D010335 KENYA
015 E040335 X
015 A000336 SEOULBANK
015 B000336 S
015 C010336 SEOUL
015 D010336 KOREA
015 E040336 X
015 A000337 STANDARD CHARTERED BANK MALAYSIA BERHAD
015 B000337 S
015 C010337 KUALA LUMPUR
015 D010337 MALAYSIA
015 E040337 X
015 A000338 HONGKONG AND SHANGHAI BANKING CORP.
015 B000338 S
015 C010338 CUREPIPE
015 D010338 MAURITIUS
<PAGE>      PAGE  21
015 E040338 X
015 A000339 CITIBANK N.A.
015 B000339 S
015 C010339 MEXICO CITY
015 D010339 MEXICO
015 E040339 X
015 A000340 BANQUE COMMERCIALE DU MAROC
015 B000340 S
015 C010340 CASABLANCA
015 D010340 MOROCCO
015 E040340 X
015 A000341 MEES PIERSON N.V.
015 B000341 S
015 C010341 AMSTERDAM
015 D010341 NETHERLANDS
015 E040341 X
015 A000342 ANZ NOMINEES LIMITED
015 B000342 S
015 C010342 WELLINGTON
015 D010342 NEW ZEALAND
015 E040342 X
015 A000343 CHRISTIANIA BANK OG KREDITKASSE
015 B000343 S
015 C010343 OSLO
015 D010343 NORWAY
015 E040343 X
015 A000344 DEUTSCHE BANK
015 B000344 S
015 C010344 KARACHI
015 D010344 PAKISTAN
015 E040344 X
015 A000345 CITIBANK, N.A. LIMA
015 B000345 S
015 C010345 LIMA
015 D010345 PERU
015 E040345 X
015 A000346 STANDARD CHARTERED BANK
015 B000346 S
015 C010346 MANILA
015 D010346 PHILIPPINES
015 E040346 X
015 A000347 CITIBANK (POLAND) S.A.
015 B000347 S
015 C010347 WARSAW
015 D010347 POLAND
015 E040347 X
015 A000348 BANCO COMERCIAL PORTUGUES
015 B000348 S
015 C010348 LISBON
015 D010348 PORTUGAL
015 E040348 X
<PAGE>      PAGE  22
015 A000349 CREDIT SUISSE (MOSCOW) LIMITED
015 B000349 S
015 C010349 MOSCOW
015 D010349 RUSSIA
015 E040349 X
015 A000350 DEVELOPMENT BANK OF SINGAPORE
015 B000350 S
015 C010350 SINGAPORE
015 D010350 SINGAPORE
015 E040350 X
015 A000351 CESKOSLOVENKA OBCHODNA BANKA, A.S.
015 B000351 S
015 C010351 BRATISLAVA
015 D010351 SLOVAK REPUBLIC
015 E040351 X
015 A000352 STANDARD BANK OF SOUTH AFRICA LIMITED
015 B000352 S
015 C010352 JOHANNESBURG
015 D010352 SOUTH AFRICA
015 E040352 X
015 A000353 BANCO SANTANDER
015 B000353 S
015 C010353 MADRID
015 D010353 SPAIN
015 E040353 X
015 A000354 THE HONGKONG AND SHANGHAI BANKING CORP.
015 B000354 S
015 C010354 COLOMBO
015 D010354 SRI LANKA
015 E040354 X
015 A000355 BARCLAYS BANK OF SWAZILAND LTD
015 B000355 S
015 C010355 MBABANE
015 D010355 SWAZILAND
015 E040355 X
015 A000356 SKANDINAVISKA ENSKILDA BANKEN
015 B000356 S
015 C010356 STOCKHOLM
015 D010356 SWEDEN
015 E040356 X
015 A000357 UNION BANK OF SWITZERLAND
015 B000357 S
015 C010357 ZURICH
015 D010357 SWITZERLAND
015 E040357 X
015 A000358 STANDARD CHARTERED BANK
015 B000358 S
015 C010358 BANGKOK
015 D010358 THAILAND
015 E040358 X
015 A000359 CITIBANK, N.A.
<PAGE>      PAGE  23
015 B000359 S
015 C010359 ISTANBUL
015 D010359 TURKEY
015 E040359 X
015 A000360 STATE STREET BANK & TRUST COMPANY
015 B000360 S
015 C010360 LONDON
015 D010360 UNITED KINGDOM
015 E040360 X
015 A000361 CITIBANK N.A.
015 B000361 S
015 C010361 MONTEVIDEO
015 D010361 URUGUAY
015 E040361 X
015 A000362 CITIBANK N.A.
015 B000362 S
015 C010362 CARACAS
015 D010362 VENEZUELA
015 E040362 X
015 A000363 BARCLAYS BANK OF ZAMBIA LIMITED
015 B000363 S
015 C010363 LUSAKA
015 D010363 ZAMBIA
015 E040363 X
015 A000364 BARCLAYS BANK OF ZIMBABWE LIMITED
015 B000364 S
015 C010364 HARARE
015 D010364 ZIMBABWE
015 E040364 X
015 A000365 CENTRAL TRUST OF CHINA
015 B000365 S
015 C010365 TAIWAN
015 D010365 REPUBLIC OF CHINA
015 E040365 X
024  000300 N
028 A010300      8780
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<PAGE>      PAGE  24
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045  000300 Y
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048 I020300 0.000
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048 J020300 0.000
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055 A000300 N
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056  000300 Y
057  000300 N
058 A000300 N
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060 A000300 Y
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<PAGE>      PAGE  25
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062 O000300   0.0
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062 R000300   0.0
066 A000300 Y
066 B000300 N
066 C000300 Y
066 D000300 N
066 E000300 N
066 F000300 N
066 G000300 N
067  000300 N
068 A000300 N
068 B000300 Y
069  000300 N
070 A010300 Y
070 A020300 Y
070 B010300 Y
070 B020300 N
070 C010300 Y
070 C020300 N
070 D010300 Y
070 D020300 N
070 E010300 Y
070 E020300 N
070 F010300 Y
070 F020300 Y
070 G010300 Y
070 G020300 N
070 H010300 Y
070 H020300 N
070 I010300 Y
070 I020300 N
070 J010300 Y
070 J020300 Y
070 K010300 Y
070 K020300 Y
070 L010300 Y
070 L020300 Y
070 M010300 Y
<PAGE>      PAGE  26
070 M020300 Y
070 N010300 Y
070 N020300 Y
070 O010300 Y
070 O020300 N
070 P010300 Y
070 P020300 N
070 Q010300 N
070 Q020300 N
070 R010300 Y
070 R020300 N
071 A000300    177259
071 B000300    153355
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071 D000300   81
072 A000300 12
072 B000300      721
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<PAGE>      PAGE  27
073 C000300   0.0000
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008 A000401 JACKSON NATIONAL FINANCIAL SERVICES, INC.
008 B000401 A
008 C000401 801-41015
008 D010401 LANSING
008 D020401 MI
008 D030401 48911
008 A000402 PPM AMERICA, INC.
008 B000402 S
008 C000402 801-40783
008 D010402 CHICAGO
008 D020402 IL
008 D030402 60606
015 A000401 STATE STREET BANK & TRUST COMPANY
015 B000401 C
015 C010401 BOSTON
015 C020401 MA
015 C030401 02101
<PAGE>      PAGE  28
015 E010401 X
024  000400 Y
025 A000401 CHASE MANHATTAN CORP.
025 B000401 13-3112953
025 C000401 E
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025 D000407       0
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045  000400 Y
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048 B020400 0.700
048 C010400   150000
<PAGE>      PAGE  29
048 C020400 0.675
048 D010400   300000
048 D020400 0.650
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048 G020400 0.000
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048 H020400 0.000
048 I010400        0
048 I020400 0.000
048 J010400        0
048 J020400 0.000
048 K010400   500000
048 K020400 0.625
055 A000400 Y
055 B000400 N
056  000400 Y
057  000400 N
058 A000400 N
059  000400 Y
060 A000400 Y
060 B000400 Y
061  000400     2000
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062 B000400   0.0
062 C000400   0.0
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066 A000400 N
067  000400 Y
068 A000400 N
068 B000400 N
069  000400 N
070 A010400 Y
070 A020400 Y
<PAGE>      PAGE  30
070 B010400 Y
070 B020400 N
070 C010400 Y
070 C020400 N
070 D010400 Y
070 D020400 N
070 E010400 Y
070 E020400 N
070 F010400 Y
070 F020400 N
070 G010400 Y
070 G020400 N
070 H010400 Y
070 H020400 N
070 I010400 N
070 I020400 N
070 J010400 Y
070 J020400 N
070 K010400 Y
070 K020400 Y
070 L010400 Y
070 L020400 N
070 M010400 Y
070 M020400 N
070 N010400 Y
070 N020400 Y
070 O010400 Y
070 O020400 N
070 P010400 Y
070 P020400 N
070 Q010400 N
070 Q020400 N
070 R010400 Y
070 R020400 N
071 A000400     61775
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<PAGE>      PAGE  31
072 N000400        0
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072EE000400        0
073 A010400   0.4700
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<PAGE>      PAGE  32
074 W000400   0.0000
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008 A000501 JACKSON NATIONAL FINANCIAL SERVICES, INC.
008 B000501 A
008 C000501 801-41015
008 D010501 LANSING
008 D020501 MI
008 D030501 48911
008 A000502 PUTNAM INVESTMENT MANAGEMENT, INC.
008 B000502 S
008 C000502 801-7974
008 D010502 BOSTON
008 D020502 MA
008 D030502 02109
015 A000501 STATE STREET BANK & TRUST COMPANY
015 B000501 C
015 C010501 BOSTON
015 C020501 MA
015 C030501 02101
015 E010501 X
024  000500 Y
025 A000501 MERRILL LYNCH & CO.
025 B000501 13-5674085
025 C000501 E
025 D000501     794
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<PAGE>      PAGE  33
028 D040500      2781
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045  000500 Y
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048 I020500 0.000
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055 A000500 N
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056  000500 Y
057  000500 N
058 A000500 N
059  000500 Y
060 A000500 Y
060 B000500 Y
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<PAGE>      PAGE  34
062 C000500   0.0
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066 A000500 Y
066 B000500 N
066 C000500 Y
066 D000500 N
066 E000500 N
066 F000500 N
066 G000500 N
067  000500 N
068 A000500 N
068 B000500 N
069  000500 N
070 A010500 Y
070 A020500 Y
070 B010500 Y
070 B020500 N
070 C010500 Y
070 C020500 N
070 D010500 Y
070 D020500 N
070 E010500 Y
070 E020500 N
070 F010500 Y
070 F020500 N
070 G010500 Y
070 G020500 N
070 H010500 Y
070 H020500 N
070 I010500 N
070 I020500 N
070 J010500 Y
070 J020500 N
070 K010500 Y
070 K020500 Y
070 L010500 Y
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<PAGE>      PAGE  35
070 M010500 Y
070 M020500 Y
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<PAGE>      PAGE  36
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<PAGE>      PAGE  37
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<PAGE>      PAGE  38
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068 B000600 N
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070 B010600 N
070 B020600 N
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070 C020600 N
070 D010600 N
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<PAGE>      PAGE  39
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<PAGE>      PAGE  40
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<PAGE>      PAGE  41
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008 D030701 48911
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<PAGE>      PAGE  42
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<PAGE>      PAGE  43
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<PAGE>      PAGE  45
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008 D030802 02109
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025 B000801 13-3112953
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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  49
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008 A000901 JACKSON NATIONAL FINANCIAL SERVICES, INC.
<PAGE>      PAGE  50
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008 C000901 801-41015
008 D010901 LANSING
008 D020901 MI
008 D030901 48911
008 A000902 SALOMON BROTHERS ASSET MANAGEMENT INC.
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008 D030902 10048
015 A000901 STATE STREET BANK & TRUST COMPANY
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015 C030901 02101
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<PAGE>      PAGE  51
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015 B000912 S
015 C010912 SANTAFE DE BOGOTA
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015 E040912 X
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015 D010916 ECUADOR
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<PAGE>      PAGE  52
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015 B000919 S
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015 B000920 S
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<PAGE>      PAGE  53
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015 E040931 X
015 A000932 THE DAIWA BANK LTD.
015 B000932 S
015 C010932 TOKYO
015 D010932 JAPAN
015 E040932 X
015 A000933 THE FUJI BANK, LIMITED
015 B000933 S
015 C010933 TOKYO
015 D010933 JAPAN
015 E040933 X
015 A000934 THE BRITISH BANK OF THE MIDDLE EAST
015 B000934 S
015 C010934 JEBEL AL-HUSSEIN
015 D010934 JORDAN
015 E040934 X
015 A000935 BARCLAYS BANK OF KENYA LIMITED
015 B000935 S
015 C010935 NAIROBI
015 D010935 KENYA
015 E040935 X
015 A000936 SEOULBANK
015 B000936 S
015 C010936 SEOUL
015 D010936 KOREA
015 E040936 X
015 A000937 STANDARD CHARTERED BANK MALAYSIA BERHAD
015 B000937 S
015 C010937 KUALA LUMPER
015 D010937 MALAYSIA
015 E040937 X
015 A000938 HONG KONG & SHANGHAI BANKING CORP.
015 B000938 S
015 C010938 CUREPIPE
015 D010938 MAURITIUS
015 E040938 X
015 A000939 CITIBANK N.A.
015 B000939 S
<PAGE>      PAGE  54
015 C010939 MEXICO CITY
015 D010939 MEXICO
015 E040939 X
015 A000940 BANQUE COMMERCIALE DU MAROC
015 B000940 S
015 C010940 CASABLANCA
015 D010940 MOROCCO
015 E040940 X
015 A000941 MEES PIERSON N.V.
015 B000941 S
015 C010941 AMSTERDAM
015 D010941 NETHERLANDS
015 E040941 X
015 A000942 ANZ NOMINEES LIMITED
015 B000942 S
015 C010942 WELLINGTON
015 D010942 NEW ZEALAND
015 E040942 X
015 A000943 CHRISTIANIA BANK OG KREDITKASSE
015 B000943 S
015 C010943 OSLO
015 D010943 NORWAY
015 E040943 X
015 A000944 DEUTSCHE BANK
015 B000944 S
015 C010944 KARACHI
015 D010944 PAKISTAN
015 E040944 X
015 A000945 CITIBANK, N.A. LIMA
015 B000945 S
015 C010945 LIMA
015 D010945 PERU
015 E040945 X
015 A000946 STANDARD CHARTERED BANK
015 B000946 S
015 C010946 MANILA
015 D010946 PHILIPPINES
015 E040946 X
015 A000947 CITIBANK (POLAND) S.A.
015 B000947 S
015 C010947 WARSAW
015 D010947 POLAND
015 E040947 X
015 A000948 BANCO COMERCIAL PORTUGUES
015 B000948 S
015 C010948 LISBON
015 D010948 PORTUGAL
015 E040948 X
015 A000949 CREDIT SUISSE (MOSCOW) LIMITED
015 B000949 S
015 C010949 MOSCOW
<PAGE>      PAGE  55
015 D010949 RUSSIA
015 E040949 X
015 A000950 DEVELOPMENT BANK OF SINGAPORE
015 B000950 S
015 C010950 SINGAPORE
015 D010950 SINGAPORE
015 E040950 X
015 A000951 CESKOSLOVENKA OBCHODNA BANKA, A.S.
015 B000951 S
015 C010951 BRATISLAVA
015 D010951 SLOVAK REPUBLIC
015 E040951 X
015 A000952 STANDARD BANK OF SOUTH AFRICA LIMITED
015 B000952 S
015 C010952 JOHANNESBURG
015 D010952 SOUTH AFRICA
015 E040952 X
015 A000953 BANCO SANTANDER
015 B000953 S
015 C010953 MADRID
015 D010953 SPAIN
015 E040953 X
015 A000954 THE HONG KONG & SHANGHAI BANKING CORP. LTD
015 B000954 S
015 C010954 COLOMBO
015 D010954 SRI LANKA
015 E040954 X
015 A000955 BARCLAYS BANK OF SWAZILAND LTD
015 B000955 S
015 C010955 MBABANE
015 D010955 SWAZILAND
015 E040955 X
015 A000956 SKANDINAVISKA ENSKILDA BANKEN
015 B000956 S
015 C010956 STOCKHOLM
015 D010956 SWEDEN
015 E040956 X
015 A000957 UNION BANK OF SWITZERLAND
015 B000957 S
015 C010957 ZURICH
015 D010957 SWITZERLAND
015 E040957 X
015 A000958 STANDARD CHARTERED BANK
015 B000958 S
015 C010958 BANGKOK
015 D010958 THAILAND
015 E040958 X
015 A000959 CITIBANK, N.A.
015 B000959 S
015 C010959 ISTANBUL
015 D010959 TURKEY
<PAGE>      PAGE  56
015 E040959 X
015 A000960 STATE STREET BANK & TRUST COMPANY
015 B000960 S
015 C010960 LONDON
015 D010960 UNITED KINGDOM
015 E040960 X
015 A000961 CITIBANK N.A.
015 B000961 S
015 C010961 MONTEVIDEO
015 D010961 URUGUAY
015 E040961 X
015 A000962 CITIBANK N.A.
015 B000962 S
015 C010962 CARACAS
015 D010962 VENEZUELA
015 E040962 X
015 A000963 BARCLAYS BANK OF ZAMBIA LIMITED
015 B000963 S
015 C010963 LUSAKA
015 D010963 ZAMBIA
015 E040963 X
015 A000964 BARCLAYS BANK OF ZIMBABWE LIMITED
015 B000964 S
015 C010964 HARARE
015 D010964 ZIMBABWE
015 E040964 X
015 A000965 CENTRAL TRUST OF CHINA
015 B000965 S
015 C010965 TAIWAN
015 D010965 REPUBLIC OF CHINA
015 E040965 X
024  000900 Y
025 A000901 MERRILL LYNCH & CO. INC.
025 B000901 13-5674085
025 C000901 D
025 D000901      80
025 D000902       0
025 D000903       0
025 D000904       0
025 D000905       0
025 D000906       0
025 D000907       0
025 D000908       0
028 A010900      2523
028 A020900         0
028 A030900         0
028 A040900      1424
028 B010900      2529
028 B020900         0
028 B030900         0
028 B040900      2874
<PAGE>      PAGE  57
028 C010900      1370
028 C020900         0
028 C030900         0
028 C040900      1787
028 D010900      1527
028 D020900         0
028 D030900         0
028 D040900      3308
028 E010900      2122
028 E020900         0
028 E030900         0
028 E040900       469
028 F010900      1949
028 F020900      3055
028 F030900         0
028 F040900       810
028 G010900     12020
028 G020900      3055
028 G030900         0
028 G040900     10672
028 H000900         0
045  000900 Y
046  000900 N
047  000900 Y
048  000900  0.000
048 A010900   150000
048 A020900 0.850
048 B010900   350000
048 B020900 0.800
048 C010900        0
048 C020900 0.000
048 D010900        0
048 D020900 0.000
048 E010900        0
048 E020900 0.000
048 F010900        0
048 F020900 0.000
048 G010900        0
048 G020900 0.000
048 H010900        0
048 H020900 0.000
048 I010900        0
048 I020900 0.000
048 J010900        0
048 J020900 0.000
048 K010900   500000
048 K020900 0.750
055 A000900 Y
055 B000900 N
056  000900 Y
057  000900 N
<PAGE>      PAGE  58
058 A000900 N
059  000900 Y
060 A000900 Y
060 B000900 Y
061  000900     2000
062 A000900 Y
062 B000900   0.0
062 C000900   0.0
062 D000900  12.7
062 E000900   0.0
062 F000900   0.0
062 G000900   0.0
062 H000900   0.0
062 I000900   0.0
062 J000900   0.0
062 K000900   0.0
062 L000900   0.0
062 M000900   6.1
062 N000900  16.5
062 O000900   0.0
062 P000900  33.5
062 Q000900  31.2
062 R000900   0.0
063 A000900   0
063 B000900 15.6
064 A000900 N
064 B000900 N
066 A000900 N
067  000900 N
068 A000900 N
068 B000900 N
069  000900 N
070 A010900 Y
070 A020900 Y
070 B010900 N
070 B020900 N
070 C010900 N
070 C020900 N
070 D010900 N
070 D020900 N
070 E010900 N
070 E020900 N
070 F010900 N
070 F020900 N
070 G010900 N
070 G020900 N
070 H010900 N
070 H020900 N
070 I010900 N
070 I020900 N
070 J010900 Y
<PAGE>      PAGE  59
070 J020900 Y
070 K010900 Y
070 K020900 Y
070 L010900 Y
070 L020900 Y
070 M010900 Y
070 M020900 Y
070 N010900 Y
070 N020900 Y
070 O010900 Y
070 O020900 N
070 P010900 Y
070 P020900 N
070 Q010900 N
070 Q020900 N
070 R010900 Y
070 R020900 N
071 A000900    112373
071 B000900    111478
071 C000900     42570
071 D000900  262
072 A000900 12
072 B000900     3554
072 C000900        0
072 D000900        0
072 E000900        0
072 F000900      376
072 G000900        0
072 H000900        0
072 I000900        0
072 J000900       23
072 K000900        0
072 L000900        7
072 M000900        1
072 N000900        0
072 O000900        0
072 P000900        0
072 Q000900       21
072 R000900        9
072 S000900        5
072 T000900        0
072 U000900        0
072 V000900        0
072 W000900        5
072 X000900      447
072 Y000900        5
072 Z000900     3112
072AA000900        0
072BB000900     1141
072CC010900        0
072CC020900     1068
<PAGE>      PAGE  60
072DD010900     3055
072DD020900        0
072EE000900        0
073 A010900   0.7200
073 A020900   0.0000
073 B000900   0.0000
073 C000900   0.0000
074 A000900        0
074 B000900     6878
074 C000900        0
074 D000900    47127
074 E000900        0
074 F000900        0
074 G000900        0
074 H000900        0
074 I000900        0
074 J000900      503
074 K000900        0
074 L000900      956
074 M000900     2634
074 N000900    58098
074 O000900     7206
074 P000900       34
074 Q000900        0
074 R010900        0
074 R020900        0
074 R030900        0
074 R040900     2691
074 S000900        0
074 T000900    48167
074 U010900     4513
074 U020900        0
074 V010900    10.67
074 V020900     0.00
074 W000900   0.0000
074 X000900        9
074 Y000900        0
075 A000900        0
075 B000900    44177
076  000900     0.00
008 A001001 JACKSON NATIONAL FINANCIAL SERVICES, INC.
008 B001001 A
008 C001001 801-41015
008 D011001 LANSING
008 D021001 MI
008 D031001 48911
008 A001002 SALOMON BROTHERS ASSET MANAGEMENT INC.
008 B001002 S
008 C001002 801-32046
008 D011002 NEW YORK
008 D021002 NY
<PAGE>      PAGE  61
008 D031002 10048
015 A001001 STATE STREET BANK & TRUST COMPANY
015 B001001 C
015 C011001 BOSTON
015 C021001 MA
015 C031001 02101
015 E011001 X
024  001000 N
028 A011000      1662
028 A021000         0
028 A031000         0
028 A041000       529
028 B011000      6541
028 B021000         0
028 B031000         0
028 B041000      1031
028 C011000     10919
028 C021000         0
028 C031000         0
028 C041000       854
028 D011000      8043
028 D021000         0
028 D031000         0
028 D041000      3760
028 E011000      4891
028 E021000         0
028 E031000         0
028 E041000      3061
028 F011000      4836
028 F021000      2968
028 F031000         0
028 F041000      1943
028 G011000     36892
028 G021000      2968
028 G031000         0
028 G041000     11178
028 H001000         0
045  001000 Y
046  001000 N
047  001000 Y
048  001000  0.000
048 A011000   150000
048 A021000 0.700
048 B011000   150000
048 B021000 0.650
048 C011000   200000
048 C021000 0.600
048 D011000        0
048 D021000 0.000
048 E011000        0
048 E021000 0.000
<PAGE>      PAGE  62
048 F011000        0
048 F021000 0.000
048 G011000        0
048 G021000 0.000
048 H011000        0
048 H021000 0.000
048 I011000        0
048 I021000 0.000
048 J011000        0
048 J021000 0.000
048 K011000   500000
048 K021000 0.550
055 A001000 Y
055 B001000 N
056  001000 Y
057  001000 N
058 A001000 N
059  001000 Y
060 A001000 Y
060 B001000 Y
061  001000     2000
062 A001000 Y
062 B001000   0.0
062 C001000   0.0
062 D001000  16.2
062 E001000   0.0
062 F001000   0.0
062 G001000   0.0
062 H001000   0.0
062 I001000   0.0
062 J001000   0.0
062 K001000   0.0
062 L001000   3.8
062 M001000  31.1
062 N001000  48.0
062 O001000   0.0
062 P001000   0.9
062 Q001000   0.0
062 R001000   0.0
063 A001000   0
063 B001000 20.7
064 A001000 N
064 B001000 N
066 A001000 N
067  001000 N
068 A001000 N
068 B001000 N
069  001000 N
070 A011000 Y
070 A021000 Y
070 B011000 N
<PAGE>      PAGE  63
070 B021000 N
070 C011000 N
070 C021000 N
070 D011000 N
070 D021000 N
070 E011000 N
070 E021000 N
070 F011000 N
070 F021000 N
070 G011000 N
070 G021000 N
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 Y
070 O011000 Y
070 O021000 N
070 P011000 Y
070 P021000 N
070 Q011000 N
070 Q021000 N
070 R011000 Y
070 R021000 N
071 A001000    197932
071 B001000    179641
071 C001000     41806
071 D001000  430
072 A001000 12
072 B001000     2718
072 C001000        0
072 D001000        0
072 E001000        0
072 F001000      287
072 G001000        0
072 H001000        0
072 I001000        0
072 J001000       19
072 K001000        0
072 L001000        7
072 M001000        1
072 N001000        0
<PAGE>      PAGE  64
072 O001000        0
072 P001000      178
072 Q001000       24
072 R001000       11
072 S001000        3
072 T001000        0
072 U001000        0
072 V001000        0
072 W001000        1
072 X001000      531
072 Y001000        4
072 Z001000     2191
072AA001000      773
072BB001000        0
072CC011000      644
072CC021000        0
072DD011000     2196
072DD021000        0
072EE001000      772
073 A011000   0.4100
073 A021000   0.0000
073 B001000   0.1400
073 C001000   0.0000
074 A001000        0
074 B001000    12743
074 C001000     2998
074 D001000    63097
074 E001000        0
074 F001000        0
074 G001000        0
074 H001000        0
074 I001000        0
074 J001000        0
074 K001000        2
074 L001000      646
074 M001000    13949
074 N001000    93435
074 O001000    15639
074 P001000       37
074 Q001000        0
074 R011000        0
074 R021000        0
074 R031000        0
074 R041000    13974
074 S001000        0
074 T001000    63785
074 U011000     5721
074 U021000        0
074 V011000    11.15
074 V021000     0.00
074 W001000   0.0000
<PAGE>      PAGE  65
074 X001000        6
074 Y001000        0
075 A001000        0
075 B001000    41068
076  001000     0.00
008 A001101 JACKSON NATIONAL FINANCIAL SERVICES, INC.
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
008 C001102 801-856
008 D011102 BALTIMORE
008 D021102 MD
008 D031102 21202
015 A001101 STATE STREET BANK & TRUST COMPANY
015 B001101 C
015 C011101 BOSTON
015 C021101 MA
015 C031101 02101
015 E011101 X
015 A001102 CANADA TRUSTCO MORTGAGE COMPANY
015 B001102 S
015 C011102 TORONTO
015 D011102 CANADA
015 E041102 X
015 A001103 BANQUE PARIBAS
015 B001103 S
015 C011103 PARIS
015 D011103 FRANCE
015 E041103 X
015 A001104 STANDARD CHARTERED BANK
015 B001104 S
015 C011104 HONG KONG
015 D011104 HONG KONG
015 E041104 X
015 A001105 MORGAN GUARANTY TRUST CO. OF NY
015 B001105 S
015 C011105 MILAN
015 D011105 ITALY
015 E041105 X
015 A001106 CITIBANK N.A.
015 B001106 S
015 C011106 MEXICO CITY
015 D011106 MEXICO
015 E041106 X
015 A001107 MEES PIERSON N.V.
015 B001107 S
015 C011107 ANSTERDAM
<PAGE>      PAGE  66
015 D011107 NETHERLANDS
015 E041107 X
015 A001108 CHRISTIANIA BANK OG KREDITKASSE
015 B001108 S
015 C011108 OSLO
015 D011108 NORWAY
015 E041108 X
015 A001109 BANCO COMERCIAL PORTUGUES
015 B001109 S
015 C011109 LISBON
015 D011109 PORTUGAL
015 E041109 X
015 A001110 UNION BANK OF SWITZERLAND
015 B001110 S
015 C011110 ZURICH
015 D011110 SWITZERLAND
015 E041110 X
015 A001111 STATE STREET BANK & TRUST COMPANY
015 B001111 S
015 C011111 LONDON
015 D011111 UNITED KINGDOM
015 E041111 X
024  001100 Y
025 A001101 HSBC HOLDINGS PLC.
025 B001101 13-2650272
025 C001101 E
025 D001101     530
025 D001102       0
025 D001103       0
025 D001104       0
025 D001105       0
025 D001106       0
025 D001107       0
025 D001108       0
028 A011100      7719
028 A021100         0
028 A031100         0
028 A041100      2835
028 B011100      6635
028 B021100         0
028 B031100         0
028 B041100      5888
028 C011100      5755
028 C021100         0
028 C031100         0
028 C041100      4018
028 D011100      6360
028 D021100         0
028 D031100         0
028 D041100      4064
028 E011100      4843
<PAGE>      PAGE  67
028 E021100         0
028 E031100         0
028 E041100      1585
028 F011100      5845
028 F021100      9757
028 F031100         0
028 F041100      3199
028 G011100     37157
028 G021100      9757
028 G031100         0
028 G041100     21589
028 H001100         0
045  001100 Y
046  001100 N
047  001100 Y
048  001100  0.000
048 A011100   150000
048 A021100 0.850
048 B011100        0
048 B021100 0.000
048 C011100        0
048 C021100 0.000
048 D011100        0
048 D021100 0.000
048 E011100        0
048 E021100 0.000
048 F011100        0
048 F021100 0.000
048 G011100        0
048 G021100 0.000
048 H011100        0
048 H021100 0.000
048 I011100        0
048 I021100 0.000
048 J011100        0
048 J021100 0.000
048 K011100   150000
048 K021100 0.800
055 A001100 N
055 B001100 N
056  001100 Y
057  001100 N
058 A001100 N
059  001100 Y
060 A001100 Y
060 B001100 Y
061  001100     2000
062 A001100 N
062 B001100   0.0
062 C001100   0.0
062 D001100   0.0
<PAGE>      PAGE  68
062 E001100   0.0
062 F001100   0.0
062 G001100   0.0
062 H001100   0.0
062 I001100   0.0
062 J001100   0.0
062 K001100   0.0
062 L001100   0.0
062 M001100   0.0
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
070 C011100 Y
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
<PAGE>      PAGE  69
070 N011100 Y
070 N021100 Y
070 O011100 Y
070 O021100 N
070 P011100 Y
070 P021100 N
070 Q011100 N
070 Q021100 N
070 R011100 Y
070 R021100 N
071 A001100    136154
071 B001100     88014
071 C001100    160225
071 D001100   55
072 A001100 12
072 B001100      523
072 C001100     1718
072 D001100        0
072 E001100        0
072 F001100     1428
072 G001100        0
072 H001100        0
072 I001100        0
072 J001100       55
072 K001100        0
072 L001100       26
072 M001100        7
072 N001100        0
072 O001100        0
072 P001100        0
072 Q001100       24
072 R001100       31
072 S001100       17
072 T001100        0
072 U001100        0
072 V001100        0
072 W001100       13
072 X001100     1601
072 Y001100        0
072 Z001100      640
072AA001100    12570
072BB001100        0
072CC011100    27870
072CC021100        0
072DD011100      627
072DD021100        0
072EE001100     9130
073 A011100   0.0600
073 A021100   0.0000
073 B001100   0.8400
073 C001100   0.0000
<PAGE>      PAGE  70
074 A001100        9
074 B001100        0
074 C001100    12540
074 D001100        0
074 E001100        0
074 F001100   205802
074 G001100        0
074 H001100        0
074 I001100        0
074 J001100      875
074 K001100        0
074 L001100      350
074 M001100    15466
074 N001100   235042
074 O001100     2722
074 P001100      145
074 Q001100        0
074 R011100        0
074 R021100        0
074 R031100        0
074 R041100    15576
074 S001100        0
074 T001100   216599
074 U011100    11365
074 U021100        0
074 V011100    19.06
074 V021100     0.00
074 W001100   0.0000
074 X001100        3
074 Y001100        0
075 A001100        0
075 B001100   169272
076  001100     0.00
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-FLEMMING INTERNATIONAL, INC.
008 B001202 S
008 C001202 801-14713
008 D011202 BALTIMORE
008 D021202 MD
008 D031202 21202
015 A001201 STATE STREET BANK & TRUST CO
015 B001201 C
015 C011201 BOSTON
015 C021201 MA
015 C031201 02101
015 E011201 X
<PAGE>      PAGE  71
015 A001202 CITIBANK N.A.
015 B001202 S
015 C011202 BUENOS AIRES
015 D011202 ARGENTINA
015 E041202 X
015 A001203 WESTPAC BANKING CORPORATION
015 B001203 S
015 C011203 SYDNEY
015 D011203 AUSTRALIA
015 E041203 X
015 A001204 GEROCREDIT BANK AG DER SPARKASSEN
015 B001204 S
015 C011204 VIENNA
015 D011204 AUSTRIA
015 E041204 X
015 A001205 STANDARD CHARTERED BANK
015 B001205 S
015 C011205 DHAKA
015 D011205 BANGLADESH
015 E041205 X
015 A001206 GENERALE BANQUE
015 B001206 S
015 C011206 BRUSSELS
015 D011206 BELGIUM
015 E041206 X
015 A001207 BARCLAYS BANK OF BOTSWANA LIMITED
015 B001207 S
015 C011207 GABORONE
015 D011207 BOTSWANA
015 E041207 X
015 A001208 CITIBANK N.A.
015 B001208 S
015 C011208 SAO PAULO
015 D011208 BRAZIL
015 E041208 X
015 A001209 CANADA TRUSTCO MORTGAGE COMPANY
015 B001209 S
015 C011209 TORONTO
015 D011209 CANADA
015 E041209 X
015 A001210 CITIBANK N.A.
015 B001210 S
015 C011210 SANTIAGO
015 D011210 CHILE
015 E041210 X
015 A001211 HONG KONG & SHANGHAI BANKING CORP. LTD
015 B001211 S
015 C011211 SHANGHAI
015 D011211 CHINA
015 E041211 X
015 A001212 CITITRUST COLOMBIA SA
<PAGE>      PAGE  72
015 B001212 S
015 C011212 SANTAFE DE BOGOTA
015 D011212 COLOMBIA
015 E041212 X
015 A001213 BARCLAYS BANK PLC
015 B001213 S
015 C011213 NICOSIA
015 D011213 CYPRUS
015 E041213 X
015 A001214 CESKOSLOVENSKA OBCHODNI BANKA A.S.
015 B001214 S
015 C011214 PRAQUE
015 D011214 CZECH REPUBLIC
015 E041214 X
015 A001215 DEN DANSKE BANK
015 B001215 S
015 C011215 COPENHAGEN
015 D011215 DENMARK
015 E041215 X
015 A001216 CITIBANK N.A.
015 B001216 S
015 C011216 QUITO
015 D011216 ECAUDOR
015 E041216 X
015 A001217 NATIONAL BANK OF EGYPT
015 B001217 S
015 C011217 CAIRO
015 D011217 EGYPT
015 E041217 X
015 A001218 MERITA BANK LIMITED
015 B001218 S
015 C011218 HELSINKI
015 D011218 FINLAND
015 E041218 X
015 A001219 BANQUE PARIBAS
015 B001219 S
015 C011219 PARIS
015 D011219 FRANCE
015 E041219 X
015 A001220 DRESDNER BANK AG
015 B001220 S
015 C011220 FRANKFURT
015 D011220 GERMANY
015 E041220 X
015 A001221 BARCLAYS BANK OF GHANA LIMITED
015 B001221 S
015 C011221 ACCRA
015 D011221 GHANA
015 E041221 X
015 A001222 NATIONAL BANK OF GREECE
015 B001222 S
<PAGE>      PAGE  73
015 C011222 ATHENS
015 D011222 GREECE
015 E041222 X
015 A001223 STANDARD CHARTERED BANK
015 B001223 S
015 C011223 HONG KONG
015 D011223 HONG KONG
015 E041223 X
015 A001224 CITIBANK BUDAPEST RT.
015 B001224 S
015 C011224 BUDAPEST
015 D011224 HUNGARY
015 E041224 X
015 A001225 HONG KONG & SHANGHAI BANKING CORP LTD.
015 B001225 S
015 C011225 MUMBAI
015 D011225 INDIA
015 E041225 X
015 A001226 STANDARD CHARTERED BANK
015 B001226 S
015 C011226 JAKARTA
015 D011226 INDONESIA
015 E041226 X
015 A001227 BANK OF IRELAND
015 B001227 S
015 C011227 DUBLIN
015 D011227 IRELAND
015 E041227 X
015 A001228 BANK HAPOALIM BM
015 B001228 S
015 C011228 TEL AVIV
015 D011228 ISRAEL
015 E041228 X
015 A001229 SOCIETE GENERALE DE BANQUE EN COTE D'IVOIRE
015 B001229 S
015 C011229 ABIDJAN
015 D011229 IVORY COAST
015 E041229 X
015 A001230 MORGAN GUARANTY TRUST CO. OF NY
015 B001230 S
015 C011230 MILAN
015 D011230 ITALY
015 E041230 X
015 A001231 THE SUMITOMO & BANKING CO. LTD.
015 B001231 S
015 C011231 TOKYO
015 D011231 JAPAN
015 E041231 X
015 A001232 THE DAIWA BANK LTD.
015 B001232 S
015 C011232 TOKYO
<PAGE>      PAGE  74
015 D011232 JAPAN
015 E041232 X
015 A001233 THE FUJI BANK, LIMITED
015 B001233 S
015 C011233 TOKYO
015 D011233 JAPAN
015 E041233 X
015 A001234 THE BRITISH BANK OF THE MIDDLE EAST
015 B001234 S
015 C011234 JEBEL AL-HUSSEIN
015 D011234 JORDAN
015 E041234 X
015 A001235 BARCLAYS BANK OF KENYA LIMITED
015 B001235 S
015 C011235 NAIROBI
015 D011235 KENYA
015 E041235 X
015 A001236 SEOULBANK
015 B001236 S
015 C011236 SEOUL
015 D011236 KOREA
015 E041236 X
015 A001237 STANDARD CHARTERED BANK MALAYSIA BERHAD
015 B001237 S
015 C011237 KUALA LUMPUR
015 D011237 MALAYSIA
015 E041237 X
015 A001238 HONG KONG AND SHANGHAI BANKING CORP. LTD.
015 B001238 S
015 C011238 CUREPIPE
015 D011238 MAURITIUS
015 E041238 X
015 A001239 CITIBANK N.A.
015 B001239 S
015 C011239 MEXICO CITY
015 D011239 MEXICO
015 E041239 X
015 A001240 BANQUE COMMERCIALE DU MAROC
015 B001240 S
015 C011240 CASABLANCA
015 D011240 MOROCCO
015 E041240 X
015 A001241 MEES PIERSON N.V.
015 B001241 S
015 C011241 AMSTERDAM
015 D011241 NETHERLANDS
015 E041241 X
015 A001242 ANZ NOMINEES LIMITED
015 B001242 S
015 C011242 WELLINGTON
015 D011242 NEW ZEALAND
<PAGE>      PAGE  75
015 E041242 X
015 A001243 CHRISTIANIA BANK OG KREDITKASSE
015 B001243 S
015 C011243 OSLO
015 D011243 NORWAY
015 E041243 X
015 A001244 DEUTSCHE BANK
015 B001244 S
015 C011244 KARACHI
015 D011244 PAKISTAN
015 E041244 X
015 A001245 CITIBANK, N.A. LIMA
015 B001245 S
015 C011245 LIMA
015 D011245 PERU
015 E041245 X
015 A001246 STANDARD CHARTERED BANK
015 B001246 S
015 C011246 MANILA
015 D011246 PHILIPPINES
015 E041246 X
015 A001247 CITIBANK (POLAND) S.A.
015 B001247 S
015 C011247 WARSAW
015 D011247 POLAND
015 E041247 X
015 A001248 BANCO COMERCIAL PORTUGUES
015 B001248 S
015 C011248 LISBON
015 D011248 PORTUGAL
015 E041248 X
015 A001249 CREDIT SUISSE (MOSCOW) LIMITED
015 B001249 S
015 C011249 MOSCOW
015 D011249 RUSSIA
015 E041249 X
015 A001250 DEVELOPMENT BANK OF SINGAPORE
015 B001250 S
015 C011250 SINGAPORE
015 D011250 SINGAPORE
015 E041250 X
015 A001251 CESKOSLOVENKA OBCHODNA BANKA, A.S.
015 B001251 S
015 C011251 BRATISLAVA
015 D011251 SLOVAK REPUBLIC
015 E041251 X
015 A001252 STANDARD BANK OF SOUTH AFRICA LIMITED
015 B001252 S
015 C011252 JOHANNESBURG
015 D011252 SOUTH AFRICA
015 E041252 X
<PAGE>      PAGE  76
015 A001253 BANCO SANTANDER
015 B001253 S
015 C011253 MADRID
015 D011253 SPAIN
015 E041253 X
015 A001254 THE HONG KONG & SHANGHAI BANKING CORP.
015 B001254 S
015 C011254 COLOMBO
015 D011254 SRI LANKA
015 E041254 X
015 A001255 BARCLAYS BANK OF SWAZILAND LTD
015 B001255 S
015 C011255 MBABANE
015 D011255 SWAZILAND
015 E041255 X
015 A001256 SKANDINAVISKA ENSKILDA BANKEN
015 B001256 S
015 C011256 STOCKHOLM
015 D011256 SWEDEN
015 E041256 X
015 A001257 UNION BANK OF SWITZERLAND
015 B001257 S
015 C011257 ZURICH
015 D011257 SWITZERLAND
015 E041257 X
015 A001258 STANDARD CHARTERED BANK
015 B001258 S
015 C011258 BANGKOK
015 D011258 THAILAND
015 E041258 X
015 A001259 CITIBANK, N.A.
015 B001259 S
015 C011259 ISTANBUL
015 D011259 TURKEY
015 E041259 X
015 A001260 STATE STREET BANK & TRUST COMPANY
015 B001260 S
015 C011260 LONDON
015 D011260 UNITED KINGDOM
015 E041260 X
015 A001261 CITIBANK N.A.
015 B001261 S
015 C011261 MONTEVIDEO
015 D011261 URUGUAY
015 E041261 X
015 A001262 CITIBANK N.A.
015 B001262 S
015 C011262 CARACAS
015 D011262 VENEZUELA
015 E041262 X
015 A001263 BARCLAYS BANK OF ZAMBIA LIMITED
<PAGE>      PAGE  77
015 B001263 S
015 C011263 LUSAKA
015 D011263 ZAMBIA
015 E041263 X
015 A001264 BARCLAYS BANK OF ZIMBABWE LIMITED
015 B001264 S
015 C011264 HARARE
015 D011264 ZIMBABWE
015 E041264 X
015 A001265 CENTRAL TRUST OF CHINA
015 B001265 S
015 C011265 TAIWAN
015 D011265 REPUBLIC OF CHINA
015 E041265 X
024  001200 Y
025 A001201 HSBC HOLDINGS PLC.
025 B001201 13-2650272
025 C001201 E
025 D001201     100
025 D001202       0
025 D001203       0
025 D001204       0
025 D001205       0
025 D001206       0
025 D001207       0
025 D001208       0
028 A011200      2088
028 A021200         0
028 A031200         0
028 A041200      1131
028 B011200      1789
028 B021200         0
028 B031200         0
028 B041200      1740
028 C011200      1114
028 C021200         0
028 C031200         0
028 C041200      5698
028 D011200      1370
028 D021200         0
028 D031200         0
028 D041200      1321
028 E011200       889
028 E021200         0
028 E031200         0
028 E041200     12142
028 F011200      1129
028 F021200      1099
028 F031200         0
028 F041200      3865
028 G011200      8379
<PAGE>      PAGE  78
028 G021200      1099
028 G031200         0
028 G041200     25897
028 H001200         0
045  001200 Y
046  001200 N
047  001200 Y
048  001200  0.000
048 A011200    50000
048 A021200 1.100
048 B011200   100000
048 B021200 1.050
048 C011200   150000
048 C021200 1.000
048 D011200   200000
048 D021200 0.950
048 E011200        0
048 E021200 0.000
048 F011200        0
048 F021200 0.000
048 G011200        0
048 G021200 0.000
048 H011200        0
048 H021200 0.000
048 I011200        0
048 I021200 0.000
048 J011200        0
048 J021200 0.000
048 K011200   500000
048 K021200 0.900
055 A001200 Y
055 B001200 N
056  001200 Y
057  001200 N
058 A001200 N
059  001200 Y
060 A001200 Y
060 B001200 Y
061  001200     2000
062 A001200 N
062 B001200   0.0
062 C001200   0.0
062 D001200   0.0
062 E001200   0.0
062 F001200   0.0
062 G001200   0.0
062 H001200   0.0
062 I001200   0.0
062 J001200   0.0
062 K001200   0.0
062 L001200   0.0
<PAGE>      PAGE  79
062 M001200   0.0
062 N001200   0.0
062 O001200   0.0
062 P001200   0.0
062 Q001200   0.0
062 R001200   0.0
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
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 Y
070 O011200 Y
070 O021200 N
070 P011200 Y
070 P021200 N
070 Q011200 N
070 Q021200 N
<PAGE>      PAGE  80
070 R011200 Y
070 R021200 N
071 A001200     12980
071 B001200     31295
071 C001200     79209
071 D001200   16
072 A001200 12
072 B001200      171
072 C001200     1608
072 D001200        0
072 E001200        0
072 F001200      909
072 G001200        0
072 H001200        0
072 I001200        0
072 J001200       87
072 K001200        0
072 L001200       10
072 M001200        4
072 N001200        0
072 O001200        0
072 P001200        0
072 Q001200       42
072 R001200       17
072 S001200        6
072 T001200        0
072 U001200        0
072 V001200        0
072 W001200        5
072 X001200     1080
072 Y001200       46
072 Z001200      745
072AA001200     4031
072BB001200        0
072CC011200     5686
072CC021200        0
072DD011200     1015
072DD021200        0
072EE001200       84
073 A011200   0.1900
073 A021200   0.0000
073 B001200   0.0200
073 C001200   0.0000
074 A001200      336
074 B001200        0
074 C001200     2838
074 D001200        0
074 E001200      992
074 F001200    66512
074 G001200        0
074 H001200        0
<PAGE>      PAGE  81
074 I001200       93
074 J001200        3
074 K001200      151
074 L001200      131
074 M001200     3996
074 N001200    75052
074 O001200        0
074 P001200       65
074 Q001200        0
074 R011200        0
074 R021200        0
074 R031200        0
074 R041200     4060
074 S001200        0
074 T001200    70927
074 U011200     5209
074 U021200        0
074 V011200    13.62
074 V021200     0.00
074 W001200   0.0000
074 X001200        4
074 Y001200        0
075 A001200        0
075 B001200    84145
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
015 A001301 STATE STREET BANK & TRUST COMPANY
015 B001301 C
015 C011301 BOSTON
015 C021301 MA
015 C031301 02101
015 E011301 X
015 A001302 CANADA TRUSTCO MORTGAGE COMPANY
015 B001302 S
015 C011302 TORONTO
015 D011302 CANADA
015 E041302 X
024  001300 Y
025 A001301 CIT GROUP INC.
025 C001301 E
<PAGE>      PAGE  82
025 D001301    2354
025 D001302       0
025 D001303       0
025 D001304       0
025 D001305       0
025 D001306       0
025 D001307       0
025 D001308       0
028 A011300      6730
028 A021300         0
028 A031300         0
028 A041300      2777
028 B011300      5681
028 B021300         0
028 B031300         0
028 B041300      6954
028 C011300      5427
028 C021300         0
028 C031300         0
028 C041300      2525
028 D011300      4009
028 D021300         0
028 D031300         0
028 D041300      4124
028 E011300      5054
028 E021300         0
028 E031300         0
028 E041300      1589
028 F011300      3482
028 F021300      6049
028 F031300         0
028 F041300      3639
028 G011300     30383
028 G021300      6049
028 G031300         0
028 G041300     21608
028 H001300         0
045  001300 Y
046  001300 N
047  001300 Y
048  001300  0.000
048 A011300   150000
048 A021300 0.950
048 B011300        0
048 B021300 0.000
048 C011300        0
048 C021300 0.000
048 D011300        0
048 D021300 0.000
048 E011300        0
048 E021300 0.000
<PAGE>      PAGE  83
048 F011300        0
048 F021300 0.000
048 G011300        0
048 G021300 0.000
048 H011300        0
048 H021300 0.000
048 I011300        0
048 I021300 0.000
048 J011300        0
048 J021300 0.000
048 K011300   150000
048 K021300 0.900
055 A001300 Y
055 B001300 N
056  001300 Y
057  001300 N
058 A001300 N
059  001300 Y
060 A001300 Y
060 B001300 Y
061  001300     2000
062 A001300 N
062 B001300   0.0
062 C001300   0.0
062 D001300   0.0
062 E001300   0.0
062 F001300   0.0
062 G001300   0.0
062 H001300   0.0
062 I001300   0.0
062 J001300   0.0
062 K001300   0.0
062 L001300   0.0
062 M001300   0.0
062 N001300   0.0
062 O001300   0.0
062 P001300   0.0
062 Q001300   0.0
062 R001300   0.0
066 A001300 Y
066 B001300 N
066 C001300 N
066 D001300 Y
066 E001300 N
066 F001300 N
066 G001300 N
067  001300 N
068 A001300 N
068 B001300 N
069  001300 N
070 A011300 Y
<PAGE>      PAGE  84
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 Y
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    104341
071 B001300     73456
071 C001300    144259
071 D001300   51
072 A001300 12
072 B001300      639
072 C001300      411
072 D001300        0
072 E001300        0
072 F001300     1474
072 G001300        0
072 H001300        0
072 I001300        0
072 J001300       37
072 K001300        0
072 L001300       26
<PAGE>      PAGE  85
072 M001300        6
072 N001300        0
072 O001300        0
072 P001300        0
072 Q001300       25
072 R001300       25
072 S001300       15
072 T001300        0
072 U001300        0
072 V001300        0
072 W001300       12
072 X001300     1620
072 Y001300        0
072 Z001300     -570
072AA001300     7411
072BB001300        0
072CC011300    23670
072CC021300        0
072DD011300        0
072DD021300        0
072EE001300     6049
073 A011300   0.0000
073 A021300   0.0000
073 B001300   0.6700
073 C001300   0.0000
074 A001300        0
074 B001300        0
074 C001300    11443
074 D001300        0
074 E001300        0
074 F001300   178742
074 G001300        0
074 H001300        0
074 I001300        0
074 J001300     2165
074 K001300        0
074 L001300      122
074 M001300        0
074 N001300   192472
074 O001300     2566
074 P001300      140
074 Q001300        0
074 R011300        0
074 R021300        0
074 R031300        0
074 R041300      130
074 S001300        0
074 T001300   189636
074 U011300     9283
074 U021300        0
074 V011300    20.43
<PAGE>      PAGE  86
074 V021300     0.00
074 W001300   0.0000
074 X001300       10
074 Y001300        0
075 A001300        0
075 B001300   155648
076  001300     0.00
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.
008 B001402 S
008 C001402 801-06709
008 D011402 NEW YORK
008 D021402 NY
008 D031402 10038
015 A001401 STATE STREET BANK & TRUST COMPANY
015 B001401 C
015 C011401 BOSTON
015 C021401 MA
015 C031401 02101
015 E011401 X
024  001400 Y
025 A001401 STATE STREET CORP.
025 B001401 04-1867445
025 C001401 E
025 D001401     744
025 A001402 HOUSEHOLD INTERNATIONAL INC.
025 B001402 36-1239445
025 C001402 E
025 D001402    3269
025 A001403 MORGAN STANLEY DEAN WITTER & CO.
025 B001403 13-2655998
025 C001403 E
025 D001403    3302
025 A001404 CIT GROUP INC.
025 C001404 E
025 D001404    2354
025 D001405       0
025 D001406       0
025 D001407       0
025 D001408       0
028 A011400      6050
028 A021400         0
028 A031400         0
028 A041400      2802
028 B011400      8087
028 B021400         0
<PAGE>      PAGE  87
028 B031400         0
028 B041400      8390
028 C011400      9168
028 C021400         0
028 C031400         0
028 C041400      5485
028 D011400      4845
028 D021400         0
028 D031400         0
028 D041400      4364
028 E011400      6533
028 E021400         0
028 E031400         0
028 E041400      1880
028 F011400      7160
028 F021400      6698
028 F031400         0
028 F041400      3939
028 G011400     41843
028 G021400      6698
028 G031400         0
028 G041400     26860
028 H001400         0
045  001400 Y
046  001400 N
047  001400 Y
048  001400  0.000
048 A011400   300000
048 A021400 0.975
048 B011400   200000
048 B021400 0.950
048 C011400        0
048 C021400 0.000
048 D011400        0
048 D021400 0.000
048 E011400        0
048 E021400 0.000
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048 I021400 0.000
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<PAGE>      PAGE  88
056  001400 Y
057  001400 N
058 A001400 N
059  001400 Y
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066 B001400 N
066 C001400 Y
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 C011400 Y
070 C021400 N
070 D011400 Y
070 D021400 N
070 E011400 Y
070 E021400 N
070 F011400 Y
070 F021400 N
070 G011400 Y
070 G021400 N
070 H011400 Y
<PAGE>      PAGE  89
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070 I021400 N
070 J011400 Y
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070 K011400 Y
070 K021400 Y
070 L011400 Y
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070 M011400 Y
070 M021400 N
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070 N021400 Y
070 O011400 Y
070 O021400 N
070 P011400 Y
070 P021400 N
070 Q011400 N
070 Q021400 N
070 R011400 Y
070 R021400 N
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<PAGE>      PAGE  90
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008 D021501 MI
008 D031501 48911
008 A001502 EAGLE ASSET MANAGEMENT, INC.
<PAGE>      PAGE  91
008 B001502 S
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015 A001501 STATE STREET BANK & TRUST COMPANY
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015 E011501 X
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<PAGE>      PAGE  92
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<PAGE>      PAGE  93
062 P001500   0.0
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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
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070 D021500 N
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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
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070 Q021500 N
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<PAGE>      PAGE  94
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<PAGE>      PAGE  95
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008 B001602 S
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015 A001601 STATE STREET BANK & TRUST COMPANY
015 B001601 C
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<PAGE>      PAGE  96
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055 A001600 Y
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057  001600 N
058 A001600 N
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<PAGE>      PAGE  97
060 A001600 Y
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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
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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  98
070 J021600 N
070 K011600 Y
070 K021600 Y
070 L011600 Y
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070 M021600 N
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070 N021600 Y
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070 P021600 N
070 Q011600 N
070 Q021600 N
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<PAGE>      PAGE  99
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008 A001701 JACKSON NATIONAL FINANCIAL SERVICES, INC.
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<PAGE>      PAGE  100
008 D031702 10105
015 A001701 STATE STREET BANK & TRUST COMPANY
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015 C031701 02101
015 E011701 X
024  001700 Y
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<PAGE>      PAGE  101
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066 A001700 Y
<PAGE>      PAGE  102
066 B001700 Y
066 C001700 N
066 D001700 N
066 E001700 N
066 F001700 N
066 G001700 N
067  001700 N
068 A001700 N
068 B001700 N
069  001700 N
070 A011700 Y
070 A021700 Y
070 B011700 Y
070 B021700 N
070 C011700 Y
070 C021700 N
070 D011700 Y
070 D021700 N
070 E011700 Y
070 E021700 N
070 F011700 Y
070 F021700 N
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070 G021700 N
070 H011700 Y
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070 I021700 N
070 J011700 Y
070 J021700 N
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070 K021700 Y
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070 M011700 Y
070 M021700 N
070 N011700 Y
070 N021700 N
070 O011700 Y
070 O021700 N
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070 P021700 N
070 Q011700 N
070 Q021700 N
070 R011700 Y
070 R021700 N
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<PAGE>      PAGE  103
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<PAGE>      PAGE  104
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008 A001801 JACKSON NATIONAL FINANCIAL SERVICES, INC.
008 B001801 A
008 C001801 801-41015
008 D011801 LANSING
008 D021801 MI
008 D031801 48911
008 A001802 J.P. MORGAN INVESTMENT MANAGEMENT INC.
008 B001802 S
008 C001802 801-21011
008 D011802 NEW YORK
008 D021802 NY
008 D031802 10236
015 A001801 3STATE STREET BANK & TRUST COMPANY
015 B001801 C
015 C011801 BOSTON
015 C021801 MA
015 C031801 02101
015 E011801 X
015 A001802 CITIBANK N.A.
015 B001802 S
015 C011802 BUENOS AIRES
015 D011802 ARGENTINA
015 E041802 X
015 A001803 WESTPAC BANKING CORPORATION
015 B001803 S
015 C011803 SYDNEY
015 D011803 AUSTRALIA
015 E041803 X
015 A001804 GEROCREDIT BANK AG DER SPARKASSEN
015 B001804 S
015 C011804 VIENNA
015 D011804 AUSTRIA
015 E041804 X
<PAGE>      PAGE  105
015 A001805 STANDARD CHARTERED BANK
015 B001805 S
015 C011805 DHAKA
015 D011805 BANGLADESH
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015 A001806 GENERALE BANQUE
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015 A001807 BARCLAYS BANK OF BOTSWANA LIMITED
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015 A001808 CITIBANK N.A.
015 B001808 S
015 C011808 SAO PAULO
015 D011808 BRAZIL
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015 A001809 CANADA TRUSTCO MORTGAGE COMPANY
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015 C011809 TORONTO
015 D011809 CANADA
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015 A001810 CITIBANK N.A.
015 B001810 S
015 C011810 SANTIAGO
015 D011810 CHILE
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015 A001811 HONG KONG & SHANGHAI BANKING CORP. LTD
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015 A001812 CITITRUST COLOMBIA SA
015 B001812 S
015 C011812 SANTAFE DE BOGOTA
015 D011812 COLOMBIA
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015 A001813 BARCALYS BANK PLC
015 B001813 S
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015 D011813 CYPRUS
015 E041813 X
015 A001814 CESKOSLOVENSKA OBCHODNI BANK A.S.
015 B001814 S
015 C011814 PRAGUE
015 D011814 CZECH REPUBLIC
015 E041814 X
015 A001815 DEN DANSKE BANK
<PAGE>      PAGE  106
015 B001815 S
015 C011815 COPENHAGEN
015 D011815 DENMARK
015 E041815 X
015 A001816 CITIBANK N.A.
015 B001816 S
015 C011816 QUITO
015 D011816 ECUADOR
015 E041816 X
015 A001817 NATIONAL BANK OF EGYPT
015 B001817 S
015 C011817 CAIRO
015 D011817 EGYPT
015 E041817 X
015 A001818 MERITA BANK LIMITED
015 B001818 S
015 C011818 HELSINKI
015 D011818 FINLAND
015 E041818 X
015 A001819 BANQUE PARIBAS
015 B001819 S
015 C011819 PARIS
015 D011819 FRANCE
015 E041819 X
015 A001820 DRESDNER BANK AG
015 B001820 S
015 C011820 FRANKFURT
015 D011820 GERMANY
015 E041820 X
015 A001821 BARCLAYS BANK OF GHANA LIMITED
015 B001821 S
015 C011821 ACCRA
015 D011821 GHANA
015 E041821 X
015 A001822 NATIONAL BANK OF GREECE SA
015 B001822 S
015 C011822 ATHENS
015 D011822 GREECE
015 E041822 X
015 A001823 STANDARD CHARTERED BANK
015 B001823 S
015 C011823 HONG KONG
015 D011823 HONG KONG
015 E041823 X
015 A001824 CITIBANK BUDAPEST RT.
015 B001824 S
015 C011824 BUDAPEST
015 D011824 HUNGARY
015 E041824 X
015 A001825 HONG KONG & SHANGHAI BANKING CORP LTD.
015 B001825 S
<PAGE>      PAGE  107
015 C011825 MUMBAI
015 D011825 INDIA
015 E041825 X
015 A001826 STANDARD CHARTERED BANK
015 B001826 S
015 C011826 JAKARTA
015 D011826 INDONESIA
015 E041826 X
015 A001827 BANK OF IRELAND
015 B001827 S
015 C011827 DUBLIN
015 D011827 IRELAND
015 E041827 X
015 A001828 BANK HAPOALIM BM
015 B001828 S
015 C011828 TEL AVIV
015 D011828 ISRAEL
015 E041828 X
015 A001829 SOCIETE GENERALE DE BANQUE EN COTE D'IVOIRE
015 B001829 S
015 C011829 ABIDJAN
015 D011829 IVORY COAST
015 E041829 X
015 A001830 MORGAN GUARANTY TRUST CO. OF NY
015 B001830 S
015 C011830 MILAN
015 D011830 ITALY
015 E041830 X
015 A001831 THE SUMITOMO TRUST & BANKING CO. LTD.
015 B001831 S
015 C011831 TOKYO
015 D011831 JAPAN
015 E041831 X
015 A001832 THE DAIWA BANK LTD.
015 B001832 S
015 C011832 TOKYO
015 D011832 JAPAN
015 E041832 X
015 A001833 THE FUJI BANK, LIMITED
015 B001833 S
015 C011833 TOKYO
015 D011833 JAPAN
015 E041833 X
015 A001834 THE BRITISH BANK OF THE MIDDLE EAST
015 B001834 S
015 C011834 JEBEL AL-HUSSEIN
015 D011834 JORDAN
015 E041834 X
015 A001835 BARCLAYS BANK OF KENYA LIMITED
015 B001835 S
015 C011835 NAIROBI
<PAGE>      PAGE  108
015 D011835 KENYA
015 E041835 X
015 A001836 SEOULBANK
015 B001836 S
015 C011836 SEOUL
015 D011836 KOREA
015 E041836 X
015 A001837 STANDARD CHARTERED BANK MALAYSIA BERHAD
015 B001837 S
015 C011837 KUALA LUMPUR
015 D011837 MAYALSIA
015 E041837 X
015 A001838 HONG KONG & SHANGHAI BANKING CORP. LTD.
015 B001838 S
015 C011838 CUREPIPE
015 D011838 MAURITIUS
015 E041838 X
015 A001839 CITIBANK N.A.
015 B001839 S
015 C011839 MEXICO CITY
015 D011839 MEXICO
015 E041839 X
015 A001840 BANQUE COMMERCIALE DU MAROC
015 B001840 S
015 C011840 CASABLANCA
015 D011840 MOROCCO
015 E041840 X
015 A001841 MEES PIERSON N.V.
015 B001841 S
015 C011841 AMSTERDAM
015 D011841 NETHERLANDS
015 E041841 X
015 A001842 ANZ NOMINEES LIMITED
015 B001842 S
015 C011842 WELLINGTON
015 D011842 NEW ZEALAND
015 E041842 X
015 A001843 CHRISTIANIA BANK OG KREDITKASSE
015 B001843 S
015 C011843 OSLO
015 D011843 NORWAY
015 E041843 X
015 A001844 DEUTSCHE BANK
015 B001844 S
015 C011844 KARACHI
015 D011844 PAKISTAN
015 E041844 X
015 A001845 CITIBANK, N.A. LIMA
015 B001845 S
015 C011845 LIMA
015 D011845 PERU
<PAGE>      PAGE  109
015 E041845 X
015 A001846 STANDARD CHARTERED BANK
015 B001846 S
015 C011846 MANILA
015 D011846 PHILIPPINES
015 E041846 X
015 A001847 CITIBANK (POLAND) S.A.
015 B001847 S
015 C011847 WARSAW
015 D011847 POLAND
015 E041847 X
015 A001848 BANCO COMERCIAL PORTUGUES
015 B001848 S
015 C011848 LISBON
015 D011848 PORTUGAL
015 E041848 X
015 A001849 CREDIT SUISSE (MOSCOW) LIMITED
015 B001849 S
015 C011849 MOSCOW
015 D011849 RUSSIA
015 E041849 X
015 A001850 DEVELOPMENT BANK OF SINGAPORE
015 B001850 S
015 C011850 SINGAPORE
015 D011850 SINGAPORE
015 E041850 X
015 A001851 CESKOSLOVENKA OBCHODNA BANKA, A.S.
015 B001851 S
015 C011851 BRATISLAVA
015 D011851 SLOVAK REPUBLIC
015 E041851 X
015 A001852 STANDARD BANK OF SOUTH AFRICA LIMITED
015 B001852 S
015 C011852 JOHANNESBURG
015 D011852 SOUTH AFRICA
015 E041852 X
015 A001853 BANCO SANTANDER
015 B001853 S
015 C011853 MADRID
015 D011853 SPAIN
015 E041853 X
015 A001854 THE HONG KONG & SHANGHAI BANKING CORP.
015 B001854 S
015 C011854 COLOMBO
015 D011854 SRI LANKA
015 E041854 X
015 A001855 BARCLAYS BANK OF SWAZILAND LTD
015 B001855 S
015 C011855 MBABANE
015 D011855 SWAZILAND
015 E041855 X
<PAGE>      PAGE  110
015 A001856 SKANDINAVISKA ENSKILDA BANKEN
015 B001856 S
015 C011856 STOCKHOLM
015 D011856 SWEDEN
015 E041856 X
015 A001857 UNION BANK OF SWITZERLAND
015 B001857 S
015 C011857 ZURICH
015 D011857 SWITZERLAND
015 E041857 X
015 A001858 STANDARD CHARTERED BANK
015 B001858 S
015 C011858 BANGKOK
015 D011858 THAILAND
015 E041858 X
015 A001859 CITIBANK, N.A.
015 B001859 S
015 C011859 ISTANBUL
015 D011859 TURKEY
015 E041859 X
015 A001860 STATE STREET BANK & TRUST COMPANY
015 B001860 S
015 C011860 LONDON
015 D011860 UNITED KINGDOM
015 E041860 X
015 A001861 CITIBANK N.A.
015 B001861 S
015 C011861 MONTEVIDEO
015 D011861 URUGUAY
015 E041861 X
015 A001862 CITIBANK N.A.
015 B001862 S
015 C011862 CARACAS
015 D011862 VENEZUELA
015 E041862 X
015 A001863 BARCLAYS BANK OF ZAMBIA LIMITED
015 B001863 S
015 C011863 LUSAKA
015 D011863 ZAMBIA
015 E041863 X
015 A001864 BARCLAYS BANK OF ZIMBABWE LIMITED
015 B001864 S
015 C011864 HARARE
015 D011864 ZIMBABWE
015 E041864 X
015 A001865 CENTRAL TRUST OF CHINA
015 B001865 S
015 C011865 TAIWAN
015 D011865 REPUBLIC OF CHINA
015 E041865 X
024  001800 N
<PAGE>      PAGE  111
028 A011800         7
028 A021800         0
028 A031800         0
028 A041800         0
028 B011800         1
028 B021800         0
028 B031800         0
028 B041800         0
028 C011800        40
028 C021800         0
028 C031800         0
028 C041800        21
028 D011800         1
028 D021800         0
028 D031800         0
028 D041800         0
028 E011800         6
028 E021800         0
028 E031800         0
028 E041800         1
028 F011800         9
028 F021800        28
028 F031800         0
028 F041800         0
028 G011800        64
028 G021800        28
028 G031800         0
028 G041800        22
028 H001800         0
045  001800 Y
046  001800 N
047  001800 Y
048  001800  0.000
048 A011800    50000
048 A021800 0.975
048 B011800   150000
048 B021800 0.950
048 C011800   150000
048 C021800 0.900
048 D011800        0
048 D021800 0.000
048 E011800        0
048 E021800 0.000
048 F011800        0
048 F021800 0.000
048 G011800        0
048 G021800 0.000
048 H011800        0
048 H021800 0.000
048 I011800        0
048 I021800 0.000
<PAGE>      PAGE  112
048 J011800        0
048 J021800 0.000
048 K011800   350000
048 K021800 0.850
055 A001800 Y
055 B001800 N
056  001800 Y
057  001800 Y
058 A001800 N
059  001800 Y
060 A001800 Y
060 B001800 Y
061  001800     2000
062 A001800 N
062 B001800   0.0
062 C001800   0.0
062 D001800   0.0
062 E001800   0.0
062 F001800   0.0
062 G001800   0.0
062 H001800   0.0
062 I001800   0.0
062 J001800   0.0
062 K001800   0.0
062 L001800   0.0
062 M001800   0.0
062 N001800   0.0
062 O001800   0.0
062 P001800   0.0
062 Q001800   0.0
062 R001800   0.0
066 A001800 Y
066 B001800 N
066 C001800 N
066 D001800 N
066 E001800 N
066 F001800 N
066 G001800 Y
067  001800 N
068 A001800 N
068 B001800 Y
069  001800 N
070 A011800 Y
070 A021800 Y
070 B011800 Y
070 B021800 N
070 C011800 Y
070 C021800 N
070 D011800 Y
070 D021800 N
070 E011800 Y
<PAGE>      PAGE  113
070 E021800 N
070 F011800 Y
070 F021800 N
070 G011800 Y
070 G021800 N
070 H011800 Y
070 H021800 N
070 I011800 Y
070 I021800 N
070 J011800 Y
070 J021800 N
070 K011800 Y
070 K021800 Y
070 L011800 Y
070 L021800 Y
070 M011800 Y
070 M021800 Y
070 N011800 Y
070 N021800 N
070 O011800 Y
070 O021800 N
070 P011800 Y
070 P021800 N
070 Q011800 N
070 Q021800 N
070 R011800 Y
070 R021800 N
071 A001800     12802
071 B001800      8087
071 C001800      4192
071 D001800  193
072 A001800 10
072 B001800        6
072 C001800       77
072 D001800        0
072 E001800        0
072 F001800       40
072 G001800        0
072 H001800        0
072 I001800        0
072 J001800       38
072 K001800        0
072 L001800        1
072 M001800        0
072 N001800        0
072 O001800        0
072 P001800        0
072 Q001800       24
072 R001800        4
072 S001800        0
072 T001800        0
<PAGE>      PAGE  114
072 U001800        0
072 V001800        0
072 W001800        1
072 X001800      108
072 Y001800       62
072 Z001800       37
072AA001800        0
072BB001800      208
072CC011800      113
072CC021800        0
072DD011800       28
072DD021800        0
072EE001800        0
073 A011800   0.0600
073 A021800   0.0000
073 B001800   0.0000
073 C001800   0.0000
074 A001800       75
074 B001800      288
074 C001800        0
074 D001800       44
074 E001800       59
074 F001800     4503
074 G001800        0
074 H001800        0
074 I001800        0
074 J001800        0
074 K001800        0
074 L001800       44
074 M001800       10
074 N001800     5023
074 O001800        1
074 P001800        4
074 Q001800        0
074 R011800        0
074 R021800        0
074 R031800        0
074 R041800       21
074 S001800        0
074 T001800     4997
074 U011800      509
074 U021800        0
074 V011800     9.82
074 V021800     0.00
074 W001800   0.0000
074 X001800        2
074 Y001800        0
075 A001800        0
075 B001800     4870
076  001800     0.00
008 A001901 JACKSON NATIONAL FINANCIAL SERVICES, INC.
<PAGE>      PAGE  115
008 B001901 A
008 C001901 801-41015
008 D011901 LANSING
008 D021901 MI
008 D031901 48911
008 A001902 PACIFIC INVESTMENT MANAGEMENT COMPANY
008 B001902 S
008 C001902 801-48187
008 D011902 NEWPORT BEACH
008 D021902 CA
008 D031902 92660
015 A001901 STATE STREET BANK & TRUST COMPANY
015 B001901 C
015 C011901 BOSTON
015 C021901 MA
015 C031901 02101
015 E011901 X
024  001900 Y
025 A001901 GOLDMAN SACHS & CO.
025 B001901 13-5108880
025 C001901 D
025 D001901     210
025 D001902       0
025 D001903       0
025 D001904       0
025 D001905       0
025 D001906       0
025 D001907       0
025 D001908       0
028 A011900       685
028 A021900         0
028 A031900         0
028 A041900         7
028 B011900       992
028 B021900         0
028 B031900         0
028 B041900       142
028 C011900       743
028 C021900         0
028 C031900         0
028 C041900       556
028 D011900       359
028 D021900         0
028 D031900         0
028 D041900       538
028 E011900       331
028 E021900         0
028 E031900         0
028 E041900        44
028 F011900       588
028 F021900       238
<PAGE>      PAGE  116
028 F031900         0
028 F041900       146
028 G011900      3698
028 G021900       238
028 G031900         0
028 G041900      1433
028 H001900         0
045  001900 Y
046  001900 N
047  001900 Y
048  001900  0.700
048 A011900        0
048 A021900 0.000
048 B011900        0
048 B021900 0.000
048 C011900        0
048 C021900 0.000
048 D011900        0
048 D021900 0.000
048 E011900        0
048 E021900 0.000
048 F011900        0
048 F021900 0.000
048 G011900        0
048 G021900 0.000
048 H011900        0
048 H021900 0.000
048 I011900        0
048 I021900 0.000
048 J011900        0
048 J021900 0.000
048 K011900        0
048 K021900 0.000
055 A001900 Y
055 B001900 N
056  001900 Y
057  001900 N
058 A001900 N
059  001900 Y
060 A001900 Y
060 B001900 Y
061  001900     2000
062 A001900 Y
062 B001900   0.5
062 C001900  14.7
062 D001900   2.1
062 E001900   0.0
062 F001900   0.0
062 G001900   0.0
062 H001900   0.0
062 I001900  17.9
<PAGE>      PAGE  117
062 J001900   0.0
062 K001900   0.0
062 L001900   0.0
062 M001900  12.0
062 N001900  19.7
062 O001900   0.0
062 P001900  29.8
062 Q001900   3.3
062 R001900   0.0
063 A001900   0
063 B001900  8.2
064 A001900 N
064 B001900 N
066 A001900 N
067  001900 N
068 A001900 N
068 B001900 N
069  001900 N
070 A011900 Y
070 A021900 Y
070 B011900 Y
070 B021900 N
070 C011900 Y
070 C021900 N
070 D011900 Y
070 D021900 N
070 E011900 Y
070 E021900 N
070 F011900 Y
070 F021900 N
070 G011900 Y
070 G021900 N
070 H011900 Y
070 H021900 N
070 I011900 Y
070 I021900 N
070 J011900 Y
070 J021900 N
070 K011900 Y
070 K021900 Y
070 L011900 Y
070 L021900 Y
070 M011900 Y
070 M021900 Y
070 N011900 Y
070 N021900 N
070 O011900 Y
070 O021900 N
070 P011900 Y
070 P021900 N
070 Q011900 N
<PAGE>      PAGE  118
070 Q021900 N
070 R011900 Y
070 R021900 N
071 A001900     10147
071 B001900      6204
071 C001900      2766
071 D001900  224
072 A001900 10
072 B001900      212
072 C001900        0
072 D001900        0
072 E001900        0
072 F001900       26
072 G001900        0
072 H001900        0
072 I001900        0
072 J001900       11
072 K001900        0
072 L001900        2
072 M001900        0
072 N001900        0
072 O001900        0
072 P001900        0
072 Q001900       14
072 R001900        4
072 S001900        0
072 T001900        0
072 U001900        0
072 V001900        0
072 W001900        0
072 X001900       57
072 Y001900       26
072 Z001900      181
072AA001900       54
072BB001900        0
072CC011900       12
072CC021900        0
072DD011900      183
072DD021900        0
072EE001900       55
073 A011900   0.3100
073 A021900   0.0000
073 B001900   0.1000
073 C001900   0.0000
074 A001900        0
074 B001900      129
074 C001900     2022
074 D001900     3956
074 E001900        0
074 F001900        0
074 G001900        0
<PAGE>      PAGE  119
074 H001900        0
074 I001900        0
074 J001900        0
074 K001900        0
074 L001900       44
074 M001900        0
074 N001900     6151
074 O001900        0
074 P001900        3
074 Q001900        0
074 R011900        0
074 R021900        0
074 R031900        0
074 R041900       15
074 S001900        0
074 T001900     6133
074 U011900      603
074 U021900        0
074 V011900    10.16
074 V021900     0.00
074 W001900   0.0000
074 X001900        4
074 Y001900        0
075 A001900        0
075 B001900     4371
076  001900     0.00
008 A002001 JACKSON NATIONAL FINANCIAL SERVICES, INC.
008 B002001 A
008 C002001 801-41015
008 D012001 LANSING
008 D022001 MI
008 D032001 48911
008 A002002 GOLDMAN SACHS ASSET MANAGEMENT
008 B002002 S
008 C002002 801-16048
008 D012002 NEW YORK
008 D022002 NY
008 D032002 10004
015 A002001 STATE STREET BANK & TRUST COMPANY
015 B002001 C
015 C012001 BOSTON
015 C022001 MA
015 C032001 02101
015 E012001 X
024  002000 Y
025 A002001 CHASE MANHATTAN CORP.
025 B002001 13-3112953
025 C002001 E
025 D002001      61
025 A002002 CIT GROUP INC.
025 C002002 E
<PAGE>      PAGE  120
025 D002002      48
025 D002003       0
025 D002004       0
025 D002005       0
025 D002006       0
025 D002007       0
025 D002008       0
028 A012000      1008
028 A022000         0
028 A032000         0
028 A042000       426
028 B012000       648
028 B022000         0
028 B032000         0
028 B042000       340
028 C012000      1174
028 C022000         0
028 C032000         0
028 C042000       745
028 D012000       251
028 D022000         0
028 D032000         0
028 D042000       759
028 E012000       311
028 E022000         0
028 E032000         0
028 E042000         7
028 F012000       324
028 F022000        33
028 F032000         0
028 F042000        60
028 G012000      3716
028 G022000        33
028 G032000         0
028 G042000      2337
028 H002000         0
045  002000 Y
046  002000 N
047  002000 Y
048  002000  0.000
048 A012000    50000
048 A022000 0.925
048 B012000   150000
048 B022000 0.900
048 C012000   150000
048 C022000 0.850
048 D012000        0
048 D022000 0.000
048 E012000        0
048 E022000 0.000
048 F012000        0
<PAGE>      PAGE  121
048 F022000 0.000
048 G012000        0
048 G022000 0.000
048 H012000        0
048 H022000 0.000
048 I012000        0
048 I022000 0.000
048 J012000        0
048 J022000 0.000
048 K012000   350000
048 K022000 0.800
055 A002000 Y
055 B002000 N
056  002000 Y
057  002000 N
058 A002000 N
059  002000 Y
060 A002000 Y
060 B002000 Y
061  002000     2000
062 A002000 N
062 B002000   0.0
062 C002000   0.0
062 D002000   0.0
062 E002000   0.0
062 F002000   0.0
062 G002000   0.0
062 H002000   0.0
062 I002000   0.0
062 J002000   0.0
062 K002000   0.0
062 L002000   0.0
062 M002000   0.0
062 N002000   0.0
062 O002000   0.0
062 P002000   0.0
062 Q002000   0.0
062 R002000   0.0
066 A002000 Y
066 B002000 N
066 C002000 N
066 D002000 N
066 E002000 Y
066 F002000 N
066 G002000 N
067  002000 N
068 A002000 N
068 B002000 N
069  002000 N
070 A012000 Y
070 A022000 Y
<PAGE>      PAGE  122
070 B012000 Y
070 B022000 N
070 C012000 Y
070 C022000 N
070 D012000 Y
070 D022000 N
070 E012000 Y
070 E022000 N
070 F012000 Y
070 F022000 N
070 G012000 Y
070 G022000 N
070 H012000 Y
070 H022000 N
070 I012000 Y
070 I022000 N
070 J012000 Y
070 J022000 N
070 K012000 Y
070 K022000 Y
070 L012000 Y
070 L022000 Y
070 M012000 Y
070 M022000 Y
070 N012000 Y
070 N022000 N
070 O012000 Y
070 O022000 N
070 P012000 Y
070 P022000 N
070 Q012000 N
070 Q022000 N
070 R012000 Y
070 R022000 N
071 A002000      7530
071 B002000      2941
071 C002000      2715
071 D002000  108
072 A002000 10
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072 C002000       46
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072 F002000       25
072 G002000        0
072 H002000        0
072 I002000        0
072 J002000       14
072 K002000        0
072 L002000        1
072 M002000        0
<PAGE>      PAGE  123
072 N002000        0
072 O002000        0
072 P002000        0
072 Q002000       14
072 R002000        4
072 S002000        1
072 T002000        0
072 U002000        0
072 V002000        0
072 W002000        0
072 X002000       59
072 Y002000       30
072 Z002000       28
072AA002000        0
072BB002000      530
072CC012000       87
072CC022000        0
072DD012000       33
072DD022000        0
072EE002000        0
073 A012000   0.0700
073 A022000   0.0000
073 B002000   0.0000
073 C002000   0.0000
074 A002000        0
074 B002000      120
074 C002000        0
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<PAGE>      PAGE  124
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<PAGE>      PAGE  125
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<PAGE>      PAGE  126
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066 E002100 N
066 F002100 N
066 G002100 N
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070 A012100 Y
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070 C022100 N
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<PAGE>      PAGE  127
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<PAGE>      PAGE  128
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008 B002201 A
008 C002201 801-41015
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008 D022201 MI
008 D032201 48911
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008 B002202 S
008 C002202 801-6568
008 D012202 NEW YORK
008 D022202 NY
008 D032202 10112
015 A002201 STATE STREET BANK & TRUST COMPANY
015 B002201 C
015 C012201 BOSTON
015 C022201 MA
015 C032201 02101
015 E012201 X
024  002200 Y
025 A002201 CIT GROUP INC.
025 C002201 E
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<PAGE>      PAGE  129
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<PAGE>      PAGE  130
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066 F002200 N
066 G002200 N
067  002200 N
068 A002200 N
068 B002200 N
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070 A012200 Y
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<PAGE>      PAGE  131
070 B012200 Y
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070 F022200 N
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070 H022200 Y
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070 J022200 Y
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070 K022200 Y
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070 L022200 Y
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070 N022200 N
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070 O022200 N
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070 Q022200 N
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<PAGE>      PAGE  132
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<PAGE>      PAGE  133
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008 D012301 LANSING
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008 D032301 48911
008 A002302 SALOMON BROTHERS ASSET MANAGEMENT INC.
008 B002302 S
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008 D022302 NY
008 D032302 10048
015 A002301 STATE STREET BANK & TRUST COMPANY
015 B002301 C
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015 C032301 02101
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<PAGE>      PAGE  134
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<PAGE>      PAGE  135
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070 H022300 N
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070 I022300 N
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070 J022300 N
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070 K022300 Y
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070 L022300 Y
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070 M022300 Y
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<PAGE>      PAGE  136
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<PAGE>      PAGE  137
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008 A002401 JACKSON NATIONAL FINANCIAL SERVICES, INC.
008 B002401 A
008 C002401 801-41015
008 D012401 LANSING
008 D022401 MI
008 D032401 48911
008 A002402 SALOMON BROTHERS ASSET MANAGEMENT INC.
008 B002402 S
008 C002402 801-32046
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008 D022402 NY
008 D032402 10048
015 A002401 STATE STREET BANK & TRUST COMPANY
015 B002401 C
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015 C032401 02101
015 E012401 X
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<PAGE>      PAGE  138
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<PAGE>      PAGE  139
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070 E022400 N
070 F012400 Y
070 F022400 N
070 G012400 Y
070 G022400 N
070 H012400 Y
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070 I022400 N
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070 J022400 N
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070 K022400 Y
070 L012400 Y
070 L022400 Y
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<PAGE>      PAGE  140
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<PAGE>      PAGE  141
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008 A002501 JACKSON NATIONAL FINANCIAL SERVICES, INC.
008 B002501 A
008 C002501 801-41015
008 D012501 LANSING
008 D022501 MI
008 D032501 48911
008 A002502 STANDARD & POORS INVESTMENT ADVISORY INC.
008 B002502 S
008 C002502 801-51431
008 D012502 NEW YORK
008 D022502 NY
008 D032502 10004
015 A002501 JNL/S&P CONSERVATIVE GROWTH I
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015 C012501 LANSING
015 C022501 MI
015 C032501 48911
<PAGE>      PAGE  142
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<PAGE>      PAGE  143
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<PAGE>      PAGE  144
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<PAGE>      PAGE  145
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<PAGE>      PAGE  146
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<PAGE>      PAGE  148
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<PAGE>      PAGE  149
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<PAGE>      PAGE  150
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<PAGE>      PAGE  151
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<PAGE>      PAGE  152
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<PAGE>      PAGE  153
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<PAGE>      PAGE  154
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<PAGE>      PAGE  157
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<PAGE>      PAGE  162
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<PAGE>      PAGE  163
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<PAGE>      PAGE  164
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<PAGE>      PAGE  165
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070 B023000 N
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070 F013000 N
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070 G023000 N
070 H013000 N
070 H023000 N
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<PAGE>      PAGE  166
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070 Q023000 N
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<PAGE>      PAGE  167
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<PAGE>      PAGE  168
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<PAGE>      PAGE  169
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070 A013100 N
<PAGE>      PAGE  170
070 A023100 N
070 B013100 N
070 B023100 N
070 C013100 N
070 C023100 N
070 D013100 N
070 D023100 N
070 E013100 N
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070 F013100 N
070 F023100 N
070 G013100 N
070 G023100 N
070 H013100 N
070 H023100 N
070 I013100 N
070 I023100 N
070 J013100 N
070 J023100 N
070 K013100 Y
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070 Q023100 N
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<PAGE>      PAGE  171
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070 F023200 N
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<PAGE>      PAGE  175
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<PAGE>      PAGE  176
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<PAGE>      PAGE  178
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070 A013300 N
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070 F023300 N
070 G013300 N
070 G023300 N
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070 H023300 N
<PAGE>      PAGE  179
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070 J023300 N
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070 N023300 N
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070 O023300 N
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072 K003300        0
072 L003300        0
072 M003300        0
072 N003300        0
072 O003300        0
072 P003300        0
072 Q003300        0
072 R003300        0
072 S003300        0
072 T003300        0
072 U003300        0
072 V003300        0
072 W003300        0
072 X003300        0
072 Y003300        0
072 Z003300        3
072AA003300        0
<PAGE>      PAGE  180
072BB003300        6
072CC013300       11
072CC023300        0
072DD013300        0
072DD023300        0
072EE003300        0
073 A013300   0.0000
073 A023300   0.0000
073 B003300   0.0000
073 C003300   0.0000
074 A003300        0
074 B003300        0
074 C003300        0
074 D003300        0
074 E003300        0
074 F003300      267
074 G003300        0
074 H003300        0
074 I003300        0
074 J003300        0
074 K003300        0
074 L003300        0
074 M003300        0
074 N003300      267
074 O003300        0
074 P003300        0
074 Q003300        0
074 R013300        0
074 R023300        0
074 R033300        0
074 R043300        0
074 S003300        0
074 T003300      267
074 U013300       27
074 U023300        0
074 V013300    10.05
074 V023300     0.00
074 W003300   0.0000
074 X003300        1
074 Y003300        0
075 A003300        0
075 B003300      175
076  003300     0.00
008 A003401 JACKSON NATIONAL FINANCIAL SERVICES, INC.
008 B003401 A
008 C003401 801-41015
008 D013401 LANSING
008 D023401 MI
008 D033401 48911
008 A003402 STANDARD & POORS INVESTMENT ADVISORY INC.
008 B003402 S
<PAGE>      PAGE  181
008 C003402 801-51431
008 D013402 NEWE YORK
008 D023402 NY
008 D033402 10004
015 A003401 JNL/S&P VERY AGGRESSIVE GROWTH SERIES II
015 B003401 C
015 C013401 LANSING
015 C023401 MI
015 C033401 48911
015 E033401 X
024  003400 N
028 A013400        17
028 A023400         0
028 A033400         0
028 A043400       211
028 B013400        38
028 B023400         0
028 B033400         0
028 B043400         0
028 C013400        55
028 C023400         0
028 C033400         0
028 C043400         4
028 D013400         0
028 D023400         0
028 D033400         0
028 D043400        14
028 E013400        36
028 E023400         0
028 E033400         0
028 E043400         0
028 F013400         7
028 F023400         0
028 F033400         0
028 F043400        35
028 G013400       153
028 G023400         0
028 G033400         0
028 G043400       264
028 H003400         0
045  003400 Y
046  003400 N
047  003400 Y
048  003400  0.000
048 A013400   500000
048 A023400 0.200
048 B013400        0
048 B023400 0.000
048 C013400        0
048 C023400 0.000
048 D013400        0
<PAGE>      PAGE  182
048 D023400 0.000
048 E013400        0
048 E023400 0.000
048 F013400        0
048 F023400 0.000
048 G013400        0
048 G023400 0.000
048 H013400        0
048 H023400 0.000
048 I013400        0
048 I023400 0.000
048 J013400        0
048 J023400 0.000
048 K013400   500000
048 K023400 0.150
055 A003400 N
055 B003400 N
056  003400 Y
057  003400 N
058 A003400 N
059  003400 Y
060 A003400 N
060 B003400 N
061  003400     2000
062 A003400 N
062 B003400   0.0
062 C003400   0.0
062 D003400   0.0
062 E003400   0.0
062 F003400   0.0
062 G003400   0.0
062 H003400   0.0
062 I003400   0.0
062 J003400   0.0
062 K003400   0.0
062 L003400   0.0
062 M003400   0.0
062 N003400   0.0
062 O003400   0.0
062 P003400   0.0
062 Q003400   0.0
062 R003400   0.0
066 A003400 Y
066 B003400 Y
066 C003400 N
066 D003400 N
066 E003400 N
066 F003400 N
066 G003400 N
067  003400 N
068 A003400 N
<PAGE>      PAGE  183
068 B003400 N
069  003400 N
070 A013400 N
070 A023400 N
070 B013400 N
070 B023400 N
070 C013400 N
070 C023400 N
070 D013400 N
070 D023400 N
070 E013400 N
070 E023400 N
070 F013400 N
070 F023400 N
070 G013400 N
070 G023400 N
070 H013400 N
070 H023400 N
070 I013400 N
070 I023400 N
070 J013400 N
070 J023400 N
070 K013400 Y
070 K023400 Y
070 L013400 N
070 L023400 N
070 M013400 N
070 M023400 N
070 N013400 N
070 N023400 N
070 O013400 N
070 O023400 N
070 P013400 N
070 P023400 N
070 Q013400 N
070 Q023400 N
070 R013400 N
070 R023400 N
071 A003400       423
071 B003400       290
071 C003400       139
071 D003400  209
072 A003400  9
072 B003400        0
072 C003400        1
072 D003400        0
072 E003400        0
072 F003400        0
072 G003400        0
072 H003400        0
072 I003400        0
<PAGE>      PAGE  184
072 J003400        0
072 K003400        0
072 L003400        0
072 M003400        0
072 N003400        0
072 O003400        0
072 P003400        0
072 Q003400        0
072 R003400        0
072 S003400        0
072 T003400        0
072 U003400        0
072 V003400        0
072 W003400        0
072 X003400        0
072 Y003400        0
072 Z003400        1
072AA003400        1
072BB003400        0
072CC013400       21
072CC023400        0
072DD013400        0
072DD023400        0
072EE003400        0
073 A013400   0.0000
073 A023400   0.0000
073 B003400   0.0000
073 C003400   0.0000
074 A003400        0
074 B003400        0
074 C003400        0
074 D003400        0
074 E003400        0
074 F003400      155
074 G003400        0
074 H003400        0
074 I003400        0
074 J003400        0
074 K003400        0
074 L003400        0
074 M003400        0
074 N003400      155
074 O003400        0
074 P003400        0
074 Q003400        0
074 R013400        0
074 R023400        0
074 R033400        0
074 R043400        0
074 S003400        0
074 T003400      155
<PAGE>      PAGE  185
074 U013400       14
074 U023400        0
074 V013400    10.80
074 V023400     0.00
074 W003400   0.0000
074 X003400        1
074 Y003400        0
075 A003400        0
075 B003400      147
076  003400     0.00
008 A003501 JACKSON NATIONAL FINANCIAL SERVICES, INC.
008 B003501 A
008 C003501 801-41015
008 D013501 LANSING
008 D023501 MI
008 D033501 48911
008 A003502 STANDARD & POORS INVESTMENT ADVISORY INC.
008 B003502 S
008 C003502 801-51431
008 D013502 NEW YORK
008 D023502 NY
008 D033502 10004
015 A003501 JNL/S&P EQUITY GROWTH SERIES II
015 B003501 C
015 C013501 LANSING
015 C023501 MI
015 C033501 48911
015 E033501 X
024  003500 N
028 A013500        41
028 A023500         0
028 A033500         0
028 A043500       205
028 B013500        45
028 B023500         0
028 B033500         0
028 B043500        15
028 C013500        60
028 C023500         0
028 C033500         0
028 C043500         5
028 D013500        99
028 D023500         0
028 D033500         0
028 D043500        17
028 E013500        58
028 E023500         0
028 E033500         0
028 E043500        11
028 F013500        64
028 F023500         0
<PAGE>      PAGE  186
028 F033500         0
028 F043500        27
028 G013500       367
028 G023500         0
028 G033500         0
028 G043500       280
028 H003500         0
045  003500 Y
046  003500 N
047  003500 Y
048  003500  0.000
048 A013500   500000
048 A023500 0.200
048 B013500        0
048 B023500 0.000
048 C013500        0
048 C023500 0.000
048 D013500        0
048 D023500 0.000
048 E013500        0
048 E023500 0.000
048 F013500        0
048 F023500 0.000
048 G013500        0
048 G023500 0.000
048 H013500        0
048 H023500 0.000
048 I013500        0
048 I023500 0.000
048 J013500        0
048 J023500 0.000
048 K013500   500000
048 K023500 0.150
055 A003500 N
055 B003500 N
056  003500 Y
057  003500 N
058 A003500 N
059  003500 Y
060 A003500 N
060 B003500 N
061  003500     2000
062 A003500 N
062 B003500   0.0
062 C003500   0.0
062 D003500   0.0
062 E003500   0.0
062 F003500   0.0
062 G003500   0.0
062 H003500   0.0
062 I003500   0.0
<PAGE>      PAGE  187
062 J003500   0.0
062 K003500   0.0
062 L003500   0.0
062 M003500   0.0
062 N003500   0.0
062 O003500   0.0
062 P003500   0.0
062 Q003500   0.0
062 R003500   0.0
066 A003500 Y
066 B003500 N
066 C003500 Y
066 D003500 N
066 E003500 N
066 F003500 N
066 G003500 N
067  003500 N
068 A003500 N
068 B003500 N
069  003500 N
070 A013500 N
070 A023500 N
070 B013500 N
070 B023500 N
070 C013500 N
070 C023500 N
070 D013500 N
070 D023500 N
070 E013500 N
070 E023500 N
070 F013500 N
070 F023500 N
070 G013500 N
070 G023500 N
070 H013500 N
070 H023500 N
070 I013500 N
070 I023500 N
070 J013500 N
070 J023500 N
070 K013500 Y
070 K023500 Y
070 L013500 N
070 L023500 N
070 M013500 N
070 M023500 N
070 N013500 N
070 N023500 N
070 O013500 N
070 O023500 N
070 P013500 N
<PAGE>      PAGE  188
070 P023500 N
070 Q013500 N
070 Q023500 N
070 R013500 N
070 R023500 N
071 A003500       951
071 B003500       404
071 C003500       334
071 D003500  121
072 A003500  9
072 B003500        0
072 C003500        5
072 D003500        0
072 E003500        0
072 F003500        1
072 G003500        0
072 H003500        0
072 I003500        0
072 J003500        0
072 K003500        0
072 L003500        0
072 M003500        0
072 N003500        0
072 O003500        0
072 P003500        0
072 Q003500        0
072 R003500        0
072 S003500        0
072 T003500        0
072 U003500        0
072 V003500        0
072 W003500        0
072 X003500        1
072 Y003500        0
072 Z003500        4
072AA003500        0
072BB003500       10
072CC013500       64
072CC023500        0
072DD013500        0
072DD023500        0
072EE003500        0
073 A013500   0.0000
073 A023500   0.0000
073 B003500   0.0000
073 C003500   0.0000
074 A003500        0
074 B003500        0
074 C003500        0
074 D003500        0
074 E003500        0
<PAGE>      PAGE  189
074 F003500      600
074 G003500        0
074 H003500        0
074 I003500        0
074 J003500        0
074 K003500        0
074 L003500        0
074 M003500        0
074 N003500      600
074 O003500        0
074 P003500        0
074 Q003500        0
074 R013500        0
074 R023500        0
074 R033500        0
074 R043500        0
074 S003500        0
074 T003500      600
074 U013500       60
074 U023500        0
074 V013500    10.04
074 V023500     0.00
074 W003500   0.0000
074 X003500        1
074 Y003500        0
075 A003500        0
075 B003500      347
076  003500     0.00
008 A003601 JACKSON NATIONAL FINANCIAL SERVICES, INC.
008 B003601 A
008 C003601 801-41015
008 D013601 LANSING
008 D023601 MI
008 D033601 48911
008 A003602 STANDARD & POORS INVESTMENT ADVISORY INC.
008 B003602 S
008 C003602 801-51431
008 D013602 NEW YORK
008 D023602 NY
008 D033602 10004
015 A003601 JNL/S&P EQUITY GROWTH SERIES II
015 B003601 C
015 C013601 LANSING
015 C023601 MI
015 C033601 48911
015 E033601 X
024  003600 N
028 A013600        71
028 A023600         0
028 A033600         0
028 A043600       208
<PAGE>      PAGE  190
028 B013600        77
028 B023600         0
028 B033600         0
028 B043600         7
028 C013600        19
028 C023600         0
028 C033600         0
028 C043600         1
028 D013600        32
028 D023600         0
028 D033600         0
028 D043600        15
028 E013600         2
028 E023600         0
028 E033600         0
028 E043600         1
028 F013600         2
028 F023600         0
028 F033600         0
028 F043600         2
028 G013600       203
028 G023600         0
028 G033600         0
028 G043600       234
028 H003600         0
045  003600 Y
046  003600 N
047  003600 Y
048  003600  0.000
048 A013600   500000
048 A023600 0.200
048 B013600        0
048 B023600 0.000
048 C013600        0
048 C023600 0.000
048 D013600        0
048 D023600 0.000
048 E013600        0
048 E023600 0.000
048 F013600        0
048 F023600 0.000
048 G013600        0
048 G023600 0.000
048 H013600        0
048 H023600 0.000
048 I013600        0
048 I023600 0.000
048 J013600        0
048 J023600 0.000
048 K013600   500000
048 K023600 0.150
<PAGE>      PAGE  191
055 A003600 N
055 B003600 N
056  003600 Y
057  003600 N
058 A003600 N
059  003600 Y
060 A003600 N
060 B003600 N
061  003600     2000
062 A003600 N
062 B003600   0.0
062 C003600   0.0
062 D003600   0.0
062 E003600   0.0
062 F003600   0.0
062 G003600   0.0
062 H003600   0.0
062 I003600   0.0
062 J003600   0.0
062 K003600   0.0
062 L003600   0.0
062 M003600   0.0
062 N003600   0.0
062 O003600   0.0
062 P003600   0.0
062 Q003600   0.0
062 R003600   0.0
066 A003600 Y
066 B003600 Y
066 C003600 N
066 D003600 N
066 E003600 N
066 F003600 N
066 G003600 N
067  003600 N
068 A003600 N
068 B003600 N
069  003600 N
070 A013600 N
070 A023600 N
070 B013600 N
070 B023600 N
070 C013600 N
070 C023600 N
070 D013600 N
070 D023600 N
070 E013600 N
070 E023600 N
070 F013600 N
070 F023600 N
070 G013600 N
<PAGE>      PAGE  192
070 G023600 N
070 H013600 N
070 H023600 N
070 I013600 N
070 I023600 N
070 J013600 N
070 J023600 N
070 K013600 Y
070 K023600 Y
070 L013600 N
070 L023600 N
070 M013600 N
070 M023600 N
070 N013600 N
070 N023600 N
070 O013600 N
070 O023600 N
070 P013600 N
070 P023600 N
070 Q013600 N
070 Q023600 N
070 R013600 N
070 R023600 N
071 A003600       476
071 B003600       266
071 C003600      1691
071 D003600   16
072 A003600  9
072 B003600        0
072 C003600        2
072 D003600        0
072 E003600        0
072 F003600        0
072 G003600        0
072 H003600        0
072 I003600        0
072 J003600        0
072 K003600        0
072 L003600        0
072 M003600        0
072 N003600        0
072 O003600        0
072 P003600        0
072 Q003600        0
072 R003600        0
072 S003600        0
072 T003600        0
072 U003600        0
072 V003600        0
072 W003600        0
072 X003600        0
<PAGE>      PAGE  193
072 Y003600        0
072 Z003600        2
072AA003600        0
072BB003600        5
072CC013600       19
072CC023600        0
072DD013600        0
072DD023600        0
072EE003600        0
073 A013600   0.0000
073 A023600   0.0000
073 B003600   0.0000
073 C003600   0.0000
074 A003600        0
074 B003600        0
074 C003600        0
074 D003600        0
074 E003600        0
074 F003600      224
074 G003600        0
074 H003600        0
074 I003600        0
074 J003600        0
074 K003600        0
074 L003600        0
074 M003600        0
074 N003600      224
074 O003600        0
074 P003600        0
074 Q003600        0
074 R013600        0
074 R023600        0
074 R033600        0
074 R043600        0
074 S003600        0
074 T003600      224
074 U013600       22
074 U023600        0
074 V013600    10.36
074 V023600     0.00
074 W003600   0.0000
074 X003600        1
074 Y003600        0
075 A003600        0
075 B003600      176
076  003600     0.00
SIGNATURE   ANDREW B. HOPPING                            
TITLE       PRESIDENT           
 


<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 1
   <NAME> JNL AGGRESSIVE GROWTH SERIES
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                        117104607
<INVESTMENTS-AT-VALUE>                       160460520
<RECEIVABLES>                                  5035272
<ASSETS-OTHER>                                  133119
<OTHER-ITEMS-ASSETS>                          36285845
<TOTAL-ASSETS>                               201914756
<PAYABLE-FOR-SECURITIES>                       3617497
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                     36455614
<TOTAL-LIABILITIES>                           40073111
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     107861160
<SHARES-COMMON-STOCK>                          7327619
<SHARES-COMMON-PRIOR>                          5426451
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                          271789
<ACCUMULATED-NET-GAINS>                       10875653
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      43376621
<NET-ASSETS>                                 161841645
<DIVIDEND-INCOME>                               381176
<INTEREST-INCOME>                               444447
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 1211167
<NET-INVESTMENT-INCOME>                       (385544)
<REALIZED-GAINS-CURRENT>                      16155806
<APPREC-INCREASE-CURRENT>                     37553079
<NET-CHANGE-FROM-OPS>                         53323341
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       333868
<DISTRIBUTIONS-OF-GAINS>                       5486108
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        4451840
<NUMBER-OF-SHARES-REDEEMED>                    2814258
<SHARES-REINVESTED>                             263586
<NET-CHANGE-IN-ASSETS>                        82971301
<ACCUMULATED-NII-PRIOR>                         381611
<ACCUMULATED-GAINS-PRIOR>                       271967
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          1046049
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                1211167
<AVERAGE-NET-ASSETS>                         110120049
<PER-SHARE-NAV-BEGIN>                            14.53
<PER-SHARE-NII>                                 (0.06)
<PER-SHARE-GAIN-APPREC>                           8.45
<PER-SHARE-DIVIDEND>                              0.05
<PER-SHARE-DISTRIBUTIONS>                         0.78
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              22.09
<EXPENSE-RATIO>                                   1.10
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 2
   <NAME> JNL CAPITAL GROWTH SERIES
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                         81212008
<INVESTMENTS-AT-VALUE>                       109365603
<RECEIVABLES>                                  3545341
<ASSETS-OTHER>                                  132496
<OTHER-ITEMS-ASSETS>                          23902478
<TOTAL-ASSETS>                               136945918
<PAYABLE-FOR-SECURITIES>                       1832604
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                     24076795
<TOTAL-LIABILITIES>                           25909399
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      78591609
<SHARES-COMMON-STOCK>                          5355548
<SHARES-COMMON-PRIOR>                          4469585
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                          154077
<ACCUMULATED-NET-GAINS>                        4442347
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      28156640
<NET-ASSETS>                                 111036519
<DIVIDEND-INCOME>                               213872
<INTEREST-INCOME>                               107304
<OTHER-INCOME>                                   27649
<EXPENSES-NET>                                  926054
<NET-INVESTMENT-INCOME>                       (577229)
<REALIZED-GAINS-CURRENT>                      12801840
<APPREC-INCREASE-CURRENT>                     15385493
<NET-CHANGE-FROM-OPS>                         27610104
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                     (7823970)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        2081514
<NUMBER-OF-SHARES-REDEEMED>                    1572974
<SHARES-REINVESTED>                             377423
<NET-CHANGE-IN-ASSETS>                        37287720
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                          17785
<OVERDIST-NET-GAINS-PRIOR>                       94586
<GROSS-ADVISORY-FEES>                           810666
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 926054
<AVERAGE-NET-ASSETS>                          85333335
<PER-SHARE-NAV-BEGIN>                            16.50
<PER-SHARE-NII>                                 (0.12)
<PER-SHARE-GAIN-APPREC>                           5.92
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                         1.57
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              20.73
<EXPENSE-RATIO>                                   1.09
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 3
   <NAME> JNL GLOBAL EQUITIES SERIES
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                        176454446
<INVESTMENTS-AT-VALUE>                       239302664
<RECEIVABLES>                                   780588
<ASSETS-OTHER>                                 2359387
<OTHER-ITEMS-ASSETS>                          23820421
<TOTAL-ASSETS>                               266263060
<PAYABLE-FOR-SECURITIES>                        561436
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                     25316136
<TOTAL-LIABILITIES>                           25877572
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     179835657
<SHARES-COMMON-STOCK>                         10870018
<SHARES-COMMON-PRIOR>                          8642845
<ACCUMULATED-NII-CURRENT>                       434865
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                       1909005
<ACCUM-APPREC-OR-DEPREC>                      62023971
<NET-ASSETS>                                 240385488
<DIVIDEND-INCOME>                              1786862
<INTEREST-INCOME>                               721100
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 2252327
<NET-INVESTMENT-INCOME>                         255635
<REALIZED-GAINS-CURRENT>                     (1900513)
<APPREC-INCREASE-CURRENT>                     45168547
<NET-CHANGE-FROM-OPS>                         43523669
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       715943
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        4094524
<NUMBER-OF-SHARES-REDEEMED>                    1899732
<SHARES-REINVESTED>                              32381
<NET-CHANGE-IN-ASSETS>                        89335213
<ACCUMULATED-NII-PRIOR>                         633816
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                     2217633
<GROSS-ADVISORY-FEES>                          1955416
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                2567383
<AVERAGE-NET-ASSETS>                         197939946
<PER-SHARE-NAV-BEGIN>                            17.48
<PER-SHARE-NII>                                   0.04
<PER-SHARE-GAIN-APPREC>                           4.66
<PER-SHARE-DIVIDEND>                              0.07
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              22.11
<EXPENSE-RATIO>                                   1.14
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 4
   <NAME> PPM AMERICA/JNL BALANCED SERIES
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                         90742527
<INVESTMENTS-AT-VALUE>                        95264080
<RECEIVABLES>                                   811624
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                          19171566
<TOTAL-ASSETS>                               115247270
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                     19273507
<TOTAL-LIABILITIES>                           19373507
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      90984380
<SHARES-COMMON-STOCK>                          7117694
<SHARES-COMMON-PRIOR>                          4570872
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         467830
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       4521553
<NET-ASSETS>                                  95973763
<DIVIDEND-INCOME>                               978871
<INTEREST-INCOME>                              2813915
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  686301
<NET-INVESTMENT-INCOME>                        3106485
<REALIZED-GAINS-CURRENT>                       3117578
<APPREC-INCREASE-CURRENT>                       916139
<NET-CHANGE-FROM-OPS>                          7140202
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      3117738
<DISTRIBUTIONS-OF-GAINS>                       2845227
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        2985317
<NUMBER-OF-SHARES-REDEEMED>                     880851
<SHARES-REINVESTED>                             442356
<NET-CHANGE-IN-ASSETS>                        36279272
<ACCUMULATED-NII-PRIOR>                          11253
<ACCUMULATED-GAINS-PRIOR>                       195479
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           587254
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 686301
<AVERAGE-NET-ASSETS>                          80321811
<PER-SHARE-NAV-BEGIN>                            13.06
<PER-SHARE-NII>                                   0.47
<PER-SHARE-GAIN-APPREC>                           0.84
<PER-SHARE-DIVIDEND>                              0.47
<PER-SHARE-DISTRIBUTIONS>                         0.42
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              13.48
<EXPENSE-RATIO>                                   0.85
<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>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                        131729578
<INVESTMENTS-AT-VALUE>                       181785947
<RECEIVABLES>                                   729821
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                          13376071
<TOTAL-ASSETS>                               195891839
<PAYABLE-FOR-SECURITIES>                        213889
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                     13580481
<TOTAL-LIABILITIES>                           13794370
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     131849723
<SHARES-COMMON-STOCK>                          7959785
<SHARES-COMMON-PRIOR>                          4922609
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         191377
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      50056369
<NET-ASSETS>                                 182097469
<DIVIDEND-INCOME>                               924608
<INTEREST-INCOME>                               268739
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 1279637
<NET-INVESTMENT-INCOME>                        (86290)
<REALIZED-GAINS-CURRENT>                        227951
<APPREC-INCREASE-CURRENT>                     39483153
<NET-CHANGE-FROM-OPS>                         39624814
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        85266
<DISTRIBUTIONS-OF-GAINS>                        263115
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        4482876
<NUMBER-OF-SHARES-REDEEMED>                    1460926
<SHARES-REINVESTED>                              15226
<NET-CHANGE-IN-ASSETS>                        98485017
<ACCUMULATED-NII-PRIOR>                          85266
<ACCUMULATED-GAINS-PRIOR>                       226541
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          1144908
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                1279637
<AVERAGE-NET-ASSETS>                         127321997
<PER-SHARE-NAV-BEGIN>                            16.99
<PER-SHARE-NII>                                 (0.01)
<PER-SHARE-GAIN-APPREC>                           5.94
<PER-SHARE-DIVIDEND>                              0.01
<PER-SHARE-DISTRIBUTIONS>                         0.03
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              22.88
<EXPENSE-RATIO>                                   1.01
<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>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                        103266629
<INVESTMENTS-AT-VALUE>                        99416325
<RECEIVABLES>                                  2167601
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                          12481995
<TOTAL-ASSETS>                               114065921
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                     12580666
<TOTAL-LIABILITIES>                           12580666
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     105637022
<SHARES-COMMON-STOCK>                          9317185
<SHARES-COMMON-PRIOR>                          5462564
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                        301463
<ACCUM-APPREC-OR-DEPREC>                     (3850304)
<NET-ASSETS>                                 101485255
<DIVIDEND-INCOME>                                60285
<INTEREST-INCOME>                              8389955
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  743675
<NET-INVESTMENT-INCOME>                        7706565
<REALIZED-GAINS-CURRENT>                        538153
<APPREC-INCREASE-CURRENT>                    (5619538)
<NET-CHANGE-FROM-OPS>                          2625180
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      7729402
<DISTRIBUTIONS-OF-GAINS>                       1038904
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        5394697
<NUMBER-OF-SHARES-REDEEMED>                    2345246
<SHARES-REINVESTED>                             805170
<NET-CHANGE-IN-ASSETS>                        38773591
<ACCUMULATED-NII-PRIOR>                           4258
<ACCUMULATED-GAINS-PRIOR>                      1066669
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           651122
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 743675
<AVERAGE-NET-ASSETS>                          89445978
<PER-SHARE-NAV-BEGIN>                            11.48
<PER-SHARE-NII>                                   0.91
<PER-SHARE-GAIN-APPREC>                         (0.47)
<PER-SHARE-DIVIDEND>                              0.91
<PER-SHARE-DISTRIBUTIONS>                         0.12
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.89
<EXPENSE-RATIO>                                   0.83
<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>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                         57072984
<INVESTMENTS-AT-VALUE>                        57072984
<RECEIVABLES>                                    19944
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                57092928
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       743947
<TOTAL-LIABILITIES>                             743947
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      56348981
<SHARES-COMMON-STOCK>                         56348981
<SHARES-COMMON-PRIOR>                         41807847
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             0
<NET-ASSETS>                                  56348981
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              3023100
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  396838
<NET-INVESTMENT-INCOME>                        2626262
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                            0
<NET-CHANGE-FROM-OPS>                          2626262
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      2626262
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      129092539
<NUMBER-OF-SHARES-REDEEMED>                  117177667
<SHARES-REINVESTED>                            2626262
<NET-CHANGE-IN-ASSETS>                        14541134
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           323501
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 401778
<AVERAGE-NET-ASSETS>                          53916897
<PER-SHARE-NAV-BEGIN>                             1.00
<PER-SHARE-NII>                                   0.05
<PER-SHARE-GAIN-APPREC>                              0
<PER-SHARE-DIVIDEND>                              0.05
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               1.00
<EXPENSE-RATIO>                                   0.74
<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>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                        181738357
<INVESTMENTS-AT-VALUE>                       195623579
<RECEIVABLES>                                   537944
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                          12080761
<TOTAL-ASSETS>                               208242284
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                     12306527
<TOTAL-LIABILITIES>                           12306527
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     179704230
<SHARES-COMMON-STOCK>                         10742197
<SHARES-COMMON-PRIOR>                          6453704
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        2346305
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      13885222
<NET-ASSETS>                                 195935757
<DIVIDEND-INCOME>                              2943128
<INTEREST-INCOME>                               301147
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 1577519
<NET-INVESTMENT-INCOME>                        1666756
<REALIZED-GAINS-CURRENT>                       7450957
<APPREC-INCREASE-CURRENT>                      8167931
<NET-CHANGE-FROM-OPS>                         17285644
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      1674663
<DISTRIBUTIONS-OF-GAINS>                       5357383
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        5600351
<NUMBER-OF-SHARES-REDEEMED>                    1697387
<SHARES-REINVESTED>                             385529
<NET-CHANGE-IN-ASSETS>                        87370735
<ACCUMULATED-NII-PRIOR>                           7901
<ACCUMULATED-GAINS-PRIOR>                       252737
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          1403297
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                1577519
<AVERAGE-NET-ASSETS>                         156651498
<PER-SHARE-NAV-BEGIN>                            16.82
<PER-SHARE-NII>                                   0.16
<PER-SHARE-GAIN-APPREC>                           1.94
<PER-SHARE-DIVIDEND>                              0.16
<PER-SHARE-DISTRIBUTIONS>                         0.52
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              18.24
<EXPENSE-RATIO>                                   1.01
<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>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                         54157094
<INVESTMENTS-AT-VALUE>                        54004396
<RECEIVABLES>                                  1458603
<ASSETS-OTHER>                                       5
<OTHER-ITEMS-ASSETS>                           2634334
<TOTAL-ASSETS>                                58097338
<PAYABLE-FOR-SECURITIES>                       7205925
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      2724870
<TOTAL-LIABILITIES>                            9930795
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      49421275
<SHARES-COMMON-STOCK>                          4513390
<SHARES-COMMON-PRIOR>                          3302198
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                           11832
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                       1091158
<ACCUM-APPREC-OR-DEPREC>                      (151742)
<NET-ASSETS>                                  48166543
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              3554136
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  441768
<NET-INVESTMENT-INCOME>                        3112368
<REALIZED-GAINS-CURRENT>                     (1141475)
<APPREC-INCREASE-CURRENT>                    (1068387)
<NET-CHANGE-FROM-OPS>                           902506
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      3054679
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        2316775
<NUMBER-OF-SHARES-REDEEMED>                    1391870
<SHARES-REINVESTED>                             286287
<NET-CHANGE-IN-ASSETS>                        11441711
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                          15879
<OVERDIST-NET-GAINS-PRIOR>                        3325
<GROSS-ADVISORY-FEES>                           375503
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 446971
<AVERAGE-NET-ASSETS>                          44176803
<PER-SHARE-NAV-BEGIN>                            11.12
<PER-SHARE-NII>                                    .79
<PER-SHARE-GAIN-APPREC>                         (0.45)
<PER-SHARE-DIVIDEND>                              0.72
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.67
<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/JNL U.S. GOVERNMENT & QUALITY BOND SERIES
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                         77504553
<INVESTMENTS-AT-VALUE>                        78837893
<RECEIVABLES>                                   647650
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                          13948893
<TOTAL-ASSETS>                                93434436
<PAYABLE-FOR-SECURITIES>                      15638922
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                     14010900
<TOTAL-LIABILITIES>                           29649822
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      62427321
<SHARES-COMMON-STOCK>                          5720915
<SHARES-COMMON-PRIOR>                          2374135
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                          23953
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       1333340
<NET-ASSETS>                                  63784614
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              2718271
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  527463
<NET-INVESTMENT-INCOME>                        2190808
<REALIZED-GAINS-CURRENT>                        773031
<APPREC-INCREASE-CURRENT>                       644456
<NET-CHANGE-FROM-OPS>                          3608295
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      2196524
<DISTRIBUTIONS-OF-GAINS>                        771611
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        4532896
<NUMBER-OF-SHARES-REDEEMED>                    1452316
<SHARES-REINVESTED>                             266200
<NET-CHANGE-IN-ASSETS>                        38396081
<ACCUMULATED-NII-PRIOR>                           5716
<ACCUMULATED-GAINS-PRIOR>                        22533
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           287473
<INTEREST-EXPENSE>                              178388
<GROSS-EXPENSE>                                 353138
<AVERAGE-NET-ASSETS>                          41067603
<PER-SHARE-NAV-BEGIN>                            10.69
<PER-SHARE-NII>                                   0.41
<PER-SHARE-GAIN-APPREC>                           0.60
<PER-SHARE-DIVIDEND>                              0.41
<PER-SHARE-DISTRIBUTIONS>                         0.14
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              11.15
<EXPENSE-RATIO>                                   0.85
<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>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                        172883313
<INVESTMENTS-AT-VALUE>                       218341838
<RECEIVABLES>                                  1225140
<ASSETS-OTHER>                                    9014
<OTHER-ITEMS-ASSETS>                          15465947
<TOTAL-ASSETS>                               235041939
<PAYABLE-FOR-SECURITIES>                       2721724
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                     15720986
<TOTAL-LIABILITIES>                           18442710
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     166906385
<SHARES-COMMON-STOCK>                         11364852
<SHARES-COMMON-PRIOR>                          7937589
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                            7235
<ACCUMULATED-NET-GAINS>                        4241358
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      45458721
<NET-ASSETS>                                 216599229
<DIVIDEND-INCOME>                              1718441
<INTEREST-INCOME>                               522999
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 1601480
<NET-INVESTMENT-INCOME>                         639960
<REALIZED-GAINS-CURRENT>                      12569803
<APPREC-INCREASE-CURRENT>                     27870132
<NET-CHANGE-FROM-OPS>                         41079895
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       627111
<DISTRIBUTIONS-OF-GAINS>                       9129666
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<NUMBER-OF-SHARES-SOLD>                        5041045
<NUMBER-OF-SHARES-REDEEMED>                    2125680
<SHARES-REINVESTED>                             511898
<NET-CHANGE-IN-ASSETS>                        92577285
<ACCUMULATED-NII-PRIOR>                          57546
<ACCUMULATED-GAINS-PRIOR>                       723591
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          1427655
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<GROSS-EXPENSE>                                1601480
<AVERAGE-NET-ASSETS>                         169272163
<PER-SHARE-NAV-BEGIN>                            15.62
<PER-SHARE-NII>                                   0.07
<PER-SHARE-GAIN-APPREC>                           4.29
<PER-SHARE-DIVIDEND>                              0.06
<PER-SHARE-DISTRIBUTIONS>                         0.84
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              19.06
<EXPENSE-RATIO>                                   0.95
<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>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                         59900738
<INVESTMENTS-AT-VALUE>                        70434559
<RECEIVABLES>                                   284992
<ASSETS-OTHER>                                  336255
<OTHER-ITEMS-ASSETS>                           3996200
<TOTAL-ASSETS>                                75052006
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      4124784
<TOTAL-LIABILITIES>                            4124784
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      57636392
<SHARES-COMMON-STOCK>                          5209423
<SHARES-COMMON-PRIOR>                          6506743
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                          144374
<ACCUMULATED-NET-GAINS>                        2896376
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      10538828
<NET-ASSETS>                                  70927222
<DIVIDEND-INCOME>                              1608171
<INTEREST-INCOME>                               171091
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 1034740
<NET-INVESTMENT-INCOME>                         744522
<REALIZED-GAINS-CURRENT>                       4030719
<APPREC-INCREASE-CURRENT>                      5686404
<NET-CHANGE-FROM-OPS>                         10461645
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      1015335
<DISTRIBUTIONS-OF-GAINS>                         83404
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        1460409
<NUMBER-OF-SHARES-REDEEMED>                    2838400
<SHARES-REINVESTED>                              80671
<NET-CHANGE-IN-ASSETS>                       (7757426)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                          69263
<OVERDIST-NET-GAINS-PRIOR>                      866483
<GROSS-ADVISORY-FEES>                           908522
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                1080334
<AVERAGE-NET-ASSETS>                          84144955
<PER-SHARE-NAV-BEGIN>                            12.09
<PER-SHARE-NII>                                   0.16
<PER-SHARE-GAIN-APPREC>                           1.58
<PER-SHARE-DIVIDEND>                              0.19
<PER-SHARE-DISTRIBUTIONS>                         0.02
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              13.62
<EXPENSE-RATIO>                                   1.23
<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>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                        146748956
<INVESTMENTS-AT-VALUE>                       190185063
<RECEIVABLES>                                  2287116
<ASSETS-OTHER>                                      12
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               192472191
<PAYABLE-FOR-SECURITIES>                       2566199
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       269694
<TOTAL-LIABILITIES>                            2835893
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     144065822
<SHARES-COMMON-STOCK>                          9282547
<SHARES-COMMON-PRIOR>                          7315779
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        2134369
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      43436107
<NET-ASSETS>                                 189636298
<DIVIDEND-INCOME>                               411051
<INTEREST-INCOME>                               638801
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 1619711
<NET-INVESTMENT-INCOME>                       (569859)
<REALIZED-GAINS-CURRENT>                       7410340
<APPREC-INCREASE-CURRENT>                     23670225
<NET-CHANGE-FROM-OPS>                         30510706
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                       6049293
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        3774173
<NUMBER-OF-SHARES-REDEEMED>                    2103504
<SHARES-REINVESTED>                             296099
<NET-CHANGE-IN-ASSETS>                        62584029
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                      1343181
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          1473732
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                1619711
<AVERAGE-NET-ASSETS>                         155648013
<PER-SHARE-NAV-BEGIN>                            17.37
<PER-SHARE-NII>                                 (0.07)
<PER-SHARE-GAIN-APPREC>                           3.80
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                         0.67
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              20.43
<EXPENSE-RATIO>                                   1.04
<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>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                        120666132
<INVESTMENTS-AT-VALUE>                       163350327
<RECEIVABLES>                                  5168179
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                          16453167
<TOTAL-ASSETS>                               184971673
<PAYABLE-FOR-SECURITIES>                       3342573
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                     16680801
<TOTAL-LIABILITIES>                           20023374
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     112256917
<SHARES-COMMON-STOCK>                          8705934
<SHARES-COMMON-PRIOR>                          6333265
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       10007187
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      42684195
<NET-ASSETS>                                 164948299
<DIVIDEND-INCOME>                               686419
<INTEREST-INCOME>                               549412
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 1263651
<NET-INVESTMENT-INCOME>                        (27820)
<REALIZED-GAINS-CURRENT>                      15637621
<APPREC-INCREASE-CURRENT>                     30926299
<NET-CHANGE-FROM-OPS>                         46536100
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                       6697670
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        4446364
<NUMBER-OF-SHARES-REDEEMED>                    2427134
<SHARES-REINVESTED>                             353439
<NET-CHANGE-IN-ASSETS>                        79071452
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                      1095056
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          1159596
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                1263651
<AVERAGE-NET-ASSETS>                         118932933
<PER-SHARE-NAV-BEGIN>                            13.56
<PER-SHARE-NII>                                      0
<PER-SHARE-GAIN-APPREC>                           6.20
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                         0.81
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              18.95
<EXPENSE-RATIO>                                   1.06
<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>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                         31321868
<INVESTMENTS-AT-VALUE>                        37300025
<RECEIVABLES>                                   144921
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                           8060604
<TOTAL-ASSETS>                                45505550
<PAYABLE-FOR-SECURITIES>                        153522
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      8183346
<TOTAL-LIABILITIES>                            8336868
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      32050642
<SHARES-COMMON-STOCK>                          2336646
<SHARES-COMMON-PRIOR>                           865023
<ACCUMULATED-NII-CURRENT>                        20858
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                        884418
<ACCUM-APPREC-OR-DEPREC>                       5981600
<NET-ASSETS>                                  37168682
<DIVIDEND-INCOME>                               380282
<INTEREST-INCOME>                                97319
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  236588
<NET-INVESTMENT-INCOME>                         241013
<REALIZED-GAINS-CURRENT>                      (877218)
<APPREC-INCREASE-CURRENT>                      4479016
<NET-CHANGE-FROM-OPS>                          3842811
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       220267
<DISTRIBUTIONS-OF-GAINS>                         43918
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        1918710
<NUMBER-OF-SHARES-REDEEMED>                     463692
<SHARES-REINVESTED>                              16605
<NET-CHANGE-IN-ASSETS>                        25272214
<ACCUMULATED-NII-PRIOR>                            133
<ACCUMULATED-GAINS-PRIOR>                        38471
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           202790
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 264279
<AVERAGE-NET-ASSETS>                          22532251
<PER-SHARE-NAV-BEGIN>                            13.75
<PER-SHARE-NII>                                   0.10
<PER-SHARE-GAIN-APPREC>                           2.17
<PER-SHARE-DIVIDEND>                              0.09
<PER-SHARE-DISTRIBUTIONS>                         0.02
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              15.91
<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>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                         33830290
<INVESTMENTS-AT-VALUE>                        35618497
<RECEIVABLES>                                    60862
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                           7289685
<TOTAL-ASSETS>                                42969044
<PAYABLE-FOR-SECURITIES>                        653652
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      7362892
<TOTAL-LIABILITIES>                            8016544
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      33236361
<SHARES-COMMON-STOCK>                          2358526
<SHARES-COMMON-PRIOR>                           916112
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                         72068
<ACCUM-APPREC-OR-DEPREC>                       1788207
<NET-ASSETS>                                  34952500
<DIVIDEND-INCOME>                                63072
<INTEREST-INCOME>                                92882
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  253718
<NET-INVESTMENT-INCOME>                        (97764)
<REALIZED-GAINS-CURRENT>                       (66256)
<APPREC-INCREASE-CURRENT>                       352762
<NET-CHANGE-FROM-OPS>                           188742
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                        197460
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        2110019
<NUMBER-OF-SHARES-REDEEMED>                     680929
<SHARES-REINVESTED>                              13324
<NET-CHANGE-IN-ASSETS>                        21459121
<ACCUMULATED-NII-PRIOR>                            390
<ACCUMULATED-GAINS-PRIOR>                       197067
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           219120
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 269680
<AVERAGE-NET-ASSETS>                          23065266
<PER-SHARE-NAV-BEGIN>                            14.73
<PER-SHARE-NII>                                  (.06)
<PER-SHARE-GAIN-APPREC>                           0.23
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                         0.08
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              14.82
<EXPENSE-RATIO>                                   1.10
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 17
   <NAME> JNL/ALLIANCE GROWTH SERIES
       
<S>                             <C>
<PERIOD-TYPE>                   10-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                          3824281
<INVESTMENTS-AT-VALUE>                         4643035
<RECEIVABLES>                                     1809
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                 4644844
<PAYABLE-FOR-SECURITIES>                         56901
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        14738
<TOTAL-LIABILITIES>                              71639
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       3787736
<SHARES-COMMON-STOCK>                           344467
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                         33285
<ACCUM-APPREC-OR-DEPREC>                        818754
<NET-ASSETS>                                   4573205
<DIVIDEND-INCOME>                                18224
<INTEREST-INCOME>                                 2504
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   22696
<NET-INVESTMENT-INCOME>                         (1968)
<REALIZED-GAINS-CURRENT>                       (31317)
<APPREC-INCREASE-CURRENT>                       818754
<NET-CHANGE-FROM-OPS>                           785469
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         498168
<NUMBER-OF-SHARES-REDEEMED>                     153701
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                         4573205
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            19016
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                  52125
<AVERAGE-NET-ASSETS>                           2926707
<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                 (0.01)
<PER-SHARE-GAIN-APPREC>                           3.29
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              13.28
<EXPENSE-RATIO>                                  0.925
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 18
   <NAME> JNL/JPM INTERNATIONAL & EMERGING MARKETS SERIES
       
<S>                             <C>
<PERIOD-TYPE>                   10-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                          4806091
<INVESTMENTS-AT-VALUE>                         4893546
<RECEIVABLES>                                    43898
<ASSETS-OTHER>                                   74727
<OTHER-ITEMS-ASSETS>                             10481
<TOTAL-ASSETS>                                 5022652
<PAYABLE-FOR-SECURITIES>                          1307
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        24340
<TOTAL-LIABILITIES>                              25647
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       5083237
<SHARES-COMMON-STOCK>                           508660
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                            2832
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                        196318
<ACCUM-APPREC-OR-DEPREC>                        112918
<NET-ASSETS>                                   4997005
<DIVIDEND-INCOME>                                76764
<INTEREST-INCOME>                                 6641
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   45935
<NET-INVESTMENT-INCOME>                          37470
<REALIZED-GAINS-CURRENT>                      (208396)
<APPREC-INCREASE-CURRENT>                       112918
<NET-CHANGE-FROM-OPS>                          (58008)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        28224
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         508566
<NUMBER-OF-SHARES-REDEEMED>                       2780
<SHARES-REINVESTED>                               2874
<NET-CHANGE-IN-ASSETS>                         4997005
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            39810
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 107960
<AVERAGE-NET-ASSETS>                           4870384
<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                   0.08
<PER-SHARE-GAIN-APPREC>                         (0.20)
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                         0.06
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               9.82
<EXPENSE-RATIO>                                  1.125
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 19
   <NAME> JNL/PIMCO TOTAL RETURN BOND SERIES
       
<S>                             <C>
<PERIOD-TYPE>                   10-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                          6082505
<INVESTMENTS-AT-VALUE>                         6106864
<RECEIVABLES>                                    44539
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                 6151403
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        18778
<TOTAL-LIABILITIES>                              18778
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       6121855
<SHARES-COMMON-STOCK>                           603395
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                          1151
<ACCUM-APPREC-OR-DEPREC>                         11921
<NET-ASSETS>                                   6132625
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                               211843
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   31149
<NET-INVESTMENT-INCOME>                         180694
<REALIZED-GAINS-CURRENT>                         54080
<APPREC-INCREASE-CURRENT>                        11921
<NET-CHANGE-FROM-OPS>                           246695
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       182399
<DISTRIBUTIONS-OF-GAINS>                         55231
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         716223
<NUMBER-OF-SHARES-REDEEMED>                     136217
<SHARES-REINVESTED>                              23389
<NET-CHANGE-IN-ASSETS>                         6132625
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            25652
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                  57333
<AVERAGE-NET-ASSETS>                           4371196
<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                   0.31
<PER-SHARE-GAIN-APPREC>                           0.26
<PER-SHARE-DIVIDEND>                              0.31
<PER-SHARE-DISTRIBUTIONS>                         0.10
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.16
<EXPENSE-RATIO>                                   0.85
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 20
   <NAME> GOLDMAN SACHS/JNL GROWTH & INCOME SERIES
       
<S>                             <C>
<PERIOD-TYPE>                   10-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                          4228646
<INVESTMENTS-AT-VALUE>                         4315162
<RECEIVABLES>                                    11876
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                 4327038
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        16284
<TOTAL-LIABILITIES>                              16284
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       4753549
<SHARES-COMMON-STOCK>                           479039
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                        529317
<ACCUM-APPREC-OR-DEPREC>                         86522
<NET-ASSETS>                                   4310754
<DIVIDEND-INCOME>                                46304
<INTEREST-INCOME>                                10668
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   29428
<NET-INVESTMENT-INCOME>                          27544
<REALIZED-GAINS-CURRENT>                      (529328)
<APPREC-INCREASE-CURRENT>                        86522
<NET-CHANGE-FROM-OPS>                         (415262)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        32767
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         752447
<NUMBER-OF-SHARES-REDEEMED>                     277049
<SHARES-REINVESTED>                               3641
<NET-CHANGE-IN-ASSETS>                         4310754
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            25322
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                  59044
<AVERAGE-NET-ASSETS>                           3265340
<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                   0.07
<PER-SHARE-GAIN-APPREC>                         (1.00)
<PER-SHARE-DIVIDEND>                              0.07
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               9.00
<EXPENSE-RATIO>                                  1.075
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 21
   <NAME> LAZARD/JNL SMALL CAP VALUE SERIES
       
<S>                             <C>
<PERIOD-TYPE>                   10-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                          5329580
<INVESTMENTS-AT-VALUE>                         4833743
<RECEIVABLES>                                     5977
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                 4839720
<PAYABLE-FOR-SECURITIES>                         17872
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        17680
<TOTAL-LIABILITIES>                              35552
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       5438256
<SHARES-COMMON-STOCK>                           551993
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                         1672
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                        139923
<ACCUM-APPREC-OR-DEPREC>                      (495837)
<NET-ASSETS>                                   4804168
<DIVIDEND-INCOME>                                33323
<INTEREST-INCOME>                                11590
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   46516
<NET-INVESTMENT-INCOME>                         (1603)
<REALIZED-GAINS-CURRENT>                      (139923)
<APPREC-INCREASE-CURRENT>                     (495837)
<NET-CHANGE-FROM-OPS>                         (637363)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                             4329
<NUMBER-OF-SHARES-SOLD>                         565084
<NUMBER-OF-SHARES-REDEEMED>                      13589
<SHARES-REINVESTED>                                498
<NET-CHANGE-IN-ASSETS>                         4804168
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            40701
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                  73162
<AVERAGE-NET-ASSETS>                           4623709
<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                 (0.01)
<PER-SHARE-GAIN-APPREC>                         (1.28)
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                              0.01
<PER-SHARE-NAV-END>                               8.70
<EXPENSE-RATIO>                                   1.20
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 22
   <NAME> LAZARD/JNL MID CAP VALUE SERIES
       
<S>                             <C>
<PERIOD-TYPE>                   10-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                          4866285
<INVESTMENTS-AT-VALUE>                         4816974
<RECEIVABLES>                                     5140
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                 4822114
<PAYABLE-FOR-SECURITIES>                         71009
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        19889
<TOTAL-LIABILITIES>                              90898
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       5086540
<SHARES-COMMON-STOCK>                           513858
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                        306013
<ACCUM-APPREC-OR-DEPREC>                       (49311)
<NET-ASSETS>                                   4731216
<DIVIDEND-INCOME>                                43423
<INTEREST-INCOME>                                 8096
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   39519
<NET-INVESTMENT-INCOME>                          12000
<REALIZED-GAINS-CURRENT>                      (306013)
<APPREC-INCREASE-CURRENT>                      (49311)
<NET-CHANGE-FROM-OPS>                         (343324)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        13099
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         617890
<NUMBER-OF-SHARES-REDEEMED>                     105454
<SHARES-REINVESTED>                               1422
<NET-CHANGE-IN-ASSETS>                         4731216
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            34250
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                  64974
<AVERAGE-NET-ASSETS>                           4190144
<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                   0.03
<PER-SHARE-GAIN-APPREC>                         (0.79)
<PER-SHARE-DIVIDEND>                              0.03
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               9.21
<EXPENSE-RATIO>                                  1.125
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 23
   <NAME> SALOMON BROTHERS/JNL BALANCED SERIES
       
<S>                             <C>
<PERIOD-TYPE>                   10-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                          3427614
<INVESTMENTS-AT-VALUE>                         3497395
<RECEIVABLES>                                   124951
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                 3622346
<PAYABLE-FOR-SECURITIES>                        307529
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        18237
<TOTAL-LIABILITIES>                             325766
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       3241423
<SHARES-COMMON-STOCK>                           317593
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                          918
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                         15542
<ACCUM-APPREC-OR-DEPREC>                         69781
<NET-ASSETS>                                   3296580
<DIVIDEND-INCOME>                                23381
<INTEREST-INCOME>                                58950
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   17619
<NET-INVESTMENT-INCOME>                          64712
<REALIZED-GAINS-CURRENT>                       (15581)
<APPREC-INCREASE-CURRENT>                        69781
<NET-CHANGE-FROM-OPS>                           118912
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        65648
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         482460
<NUMBER-OF-SHARES-REDEEMED>                     171191
<SHARES-REINVESTED>                               6324
<NET-CHANGE-IN-ASSETS>                         3296580
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            14837
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                  44166
<AVERAGE-NET-ASSETS>                           2212280
<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                   0.21
<PER-SHARE-GAIN-APPREC>                           0.38
<PER-SHARE-DIVIDEND>                              0.21
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.38
<EXPENSE-RATIO>                                   0.95
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 24
   <NAME> SALOMON BROTHERS/JNL HIGH YIELD BOND SERIES
       
<S>                             <C>
<PERIOD-TYPE>                   10-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                          7576267
<INVESTMENTS-AT-VALUE>                         7273791
<RECEIVABLES>                                   136300
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                 7410091
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        21977
<TOTAL-LIABILITIES>                              21977
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       7702539
<SHARES-COMMON-STOCK>                           770330
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                         1298
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                         13247
<ACCUM-APPREC-OR-DEPREC>                      (302476)
<NET-ASSETS>                                   7388114
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                               445240
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   48498
<NET-INVESTMENT-INCOME>                         396742
<REALIZED-GAINS-CURRENT>                       (13247)
<APPREC-INCREASE-CURRENT>                     (302476)
<NET-CHANGE-FROM-OPS>                            81019
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       395444
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         823839
<NUMBER-OF-SHARES-REDEEMED>                      94744
<SHARES-REINVESTED>                              41235
<NET-CHANGE-IN-ASSETS>                         7388114
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            40840
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                  70625
<AVERAGE-NET-ASSETS>                           6089327
<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                   0.54
<PER-SHARE-GAIN-APPREC>                         (0.41)
<PER-SHARE-DIVIDEND>                              0.54
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               9.59
<EXPENSE-RATIO>                                   0.95
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 25
   <NAME> JNL/S&P CONSERVATIVE GROWTH SERIES I
       
<S>                             <C>
<PERIOD-TYPE>                    9-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                          9725534
<INVESTMENTS-AT-VALUE>                        10027519
<RECEIVABLES>                                    13878
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                10041397
<PAYABLE-FOR-SECURITIES>                         13494
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                         1898
<TOTAL-LIABILITIES>                              15392
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       9373693
<SHARES-COMMON-STOCK>                           957851
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                       366802
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                         16475
<ACCUM-APPREC-OR-DEPREC>                        301985
<NET-ASSETS>                                  10026005
<DIVIDEND-INCOME>                               365669
<INTEREST-INCOME>                                 6319
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                    5186
<NET-INVESTMENT-INCOME>                         366802
<REALIZED-GAINS-CURRENT>                       (16475)
<APPREC-INCREASE-CURRENT>                       301985
<NET-CHANGE-FROM-OPS>                           652312
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        1024973
<NUMBER-OF-SHARES-REDEEMED>                      67122
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                        10026005
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                             5186
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                   5186
<AVERAGE-NET-ASSETS>                           3569402
<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                   0.38
<PER-SHARE-GAIN-APPREC>                           0.09
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.47
<EXPENSE-RATIO>                                   0.20
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 26
   <NAME> JNL/S&P MODERATE GROWTH SERIES I
       
<S>                             <C>
<PERIOD-TYPE>                    9-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                         11824958
<INVESTMENTS-AT-VALUE>                        12613637
<RECEIVABLES>                                    18882
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                12632519
<PAYABLE-FOR-SECURITIES>                         18399
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                         2384
<TOTAL-LIABILITIES>                              20783
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      11531641
<SHARES-COMMON-STOCK>                          1186353
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                       428464
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                        137048
<ACCUM-APPREC-OR-DEPREC>                        788679
<NET-ASSETS>                                  12611736
<DIVIDEND-INCOME>                               434699
<INTEREST-INCOME>                                    0
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                    6235
<NET-INVESTMENT-INCOME>                         428464
<REALIZED-GAINS-CURRENT>                      (137048)
<APPREC-INCREASE-CURRENT>                       788679
<NET-CHANGE-FROM-OPS>                          1080095
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        1377193
<NUMBER-OF-SHARES-REDEEMED>                     190840
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                        12611736
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                             6235
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                   6235
<AVERAGE-NET-ASSETS>                           4277622
<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                   0.36
<PER-SHARE-GAIN-APPREC>                           0.27
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.63
<EXPENSE-RATIO>                                   0.20
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 27
   <NAME> JNL/S&P AGGRESSIVE GROWTH SERIES I
       
<S>                             <C>
<PERIOD-TYPE>                    9-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                          4022415
<INVESTMENTS-AT-VALUE>                         4425708
<RECEIVABLES>                                     2650
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                 4428358
<PAYABLE-FOR-SECURITIES>                          2480
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          857
<TOTAL-LIABILITIES>                               3337
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       4033239
<SHARES-COMMON-STOCK>                           406701
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                       108846
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                        120357
<ACCUM-APPREC-OR-DEPREC>                        403293
<NET-ASSETS>                                   4425021
<DIVIDEND-INCOME>                               111813
<INTEREST-INCOME>                                    0
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                    2967
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 28
   <NAME> JNL\S&P VERY AGGRESSIVE GROWTH SERIES I
       
<S>                             <C>
<PERIOD-TYPE>                    9-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 29
   <NAME> JNL\S&P EQUITY GROWTH SERIES I
       
<S>                             <C>
<PERIOD-TYPE>                    9-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                          4557366
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 30
   <NAME> JNL\S&P EQUITY AGGRESSIVE GROWTH SERIES I
       
<S>                             <C>
<PERIOD-TYPE>                    9-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                          2913308
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 31
   <NAME> JNL\S&P CONSERVATIVE GROWTH SERIES II
       
<S>                             <C>
<PERIOD-TYPE>                    9-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                          1636407
<INVESTMENTS-AT-VALUE>                         1701340
<RECEIVABLES>                                       70
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                 1701410
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          333
<TOTAL-LIABILITIES>                                333
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       2289200
<SHARES-COMMON-STOCK>                           178376
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<ACCUMULATED-NII-CURRENT>                        40676
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                        693732
<ACCUM-APPREC-OR-DEPREC>                         64933
<NET-ASSETS>                                   1701077
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<EXPENSES-NET>                                    3552
<NET-INVESTMENT-INCOME>                          40676
<REALIZED-GAINS-CURRENT>                      (693732)
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 32
   <NAME> JNL\S&P MODERATE GROWTH SERIES II
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                          2694835
<INVESTMENTS-AT-VALUE>                         2856054
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<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
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<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
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<PAID-IN-CAPITAL-COMMON>                       2661394
<SHARES-COMMON-STOCK>                           279342
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<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                         14059
<ACCUM-APPREC-OR-DEPREC>                        161219
<NET-ASSETS>                                   2855643
<DIVIDEND-INCOME>                                49393
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<EXPENSES-NET>                                    2304
<NET-INVESTMENT-INCOME>                          47089
<REALIZED-GAINS-CURRENT>                       (14059)
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<ACCUMULATED-NII-PRIOR>                              0
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<EXPENSE-RATIO>                                   0.20
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<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 33
   <NAME> JNL/S&P AGGRESSIVE GROWTH SERIES II
       
<S>                             <C>
<PERIOD-TYPE>                    9-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
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<NET-ASSETS>                                    266854
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<REALIZED-GAINS-CURRENT>                        (5562)
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 34
   <NAME> JNL/S&P VERY AGGRESSIVE GROWTH SERIES II
       
<S>                             <C>
<PERIOD-TYPE>                    9-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
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<NET-INVESTMENT-INCOME>                            963
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 35
   <NAME> JNL\S&P EQUITY GROWTH SERIES II
       
<S>                             <C>
<PERIOD-TYPE>                    9-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
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<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                   0.08
<PER-SHARE-GAIN-APPREC>                         (0.04)
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.04
<EXPENSE-RATIO>                                   0.20
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 36
   <NAME> JNL/S&P EQUITY AGGRESSIVE GROWTH SERIES II
       
<S>                             <C>
<PERIOD-TYPE>                    9-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                           204578
<INVESTMENTS-AT-VALUE>                          224071
<RECEIVABLES>                                        9
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  224080
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                           45
<TOTAL-LIABILITIES>                                 45
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        208302
<SHARES-COMMON-STOCK>                            21616
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                         1538
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                          5298
<ACCUM-APPREC-OR-DEPREC>                         19493
<NET-ASSETS>                                    224035
<DIVIDEND-INCOME>                                 1790
<INTEREST-INCOME>                                    0
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     252
<NET-INVESTMENT-INCOME>                           1538
<REALIZED-GAINS-CURRENT>                        (5298)
<APPREC-INCREASE-CURRENT>                        19493
<NET-CHANGE-FROM-OPS>                            15733
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          45798
<NUMBER-OF-SHARES-REDEEMED>                      24182
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                          224035
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              252
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    252
<AVERAGE-NET-ASSETS>                            175808
<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                   0.07
<PER-SHARE-GAIN-APPREC>                           0.29
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.36
<EXPENSE-RATIO>                                   0.20
<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
     September 18, 1998.

(b)  The following directors were elected at the meeting:
                  
                  Robert A. Fritts
                  Andrew B. Hopping
                  Joseph Frauenheim
                  Richard McLellan
                  Peter McPherson

(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:

     1.   As to the election as a Trustee of the Trust.

                                                          WITHHOLDING
NAME:                          FOR:                       AUTHORITY:
- -----                          ----                       ----------

Joseph Frauenheim              145,435,044.496            4,813,656.059
Robert A. Fritts               145,434,760.784            4,813,939.771
Andrew B. Hopping              145,423,982.871            4,824,717.684
Richard McLellan               145,430,135.015            4,818,565.540
Peter McPherson                145,437,708.270            4,810,992.285

     2.   To  approve an  Administrative  Fee of .10% of the  average  daily net
          assets of each Series payable to Jackson National Financial  Services,
          LLC,  the  Adviser to the Trust,  for  operational  services.  The fee
          replaces the current other operating expenses of the Trust.
<TABLE>
<CAPTION>

                                                                                                                        ABSTAIN
                                                                              FOR                 AGAINST                  FROM
                                                                              ---                 -------               -------

<S>                                                                   <C>                     <C>                   <C>        
JNL Aggressive Growth Series ....................................     5,648,502.649           378,318.676           413,741.774
JNL Capital Growth Series .......................................     4,351,843.334           288,549.729           296,300.338
JNL Global Equities Series ......................................     8,943,547.968           649,498.779           656,263.324
JNL/Alger Growth Series .........................................     6,793,625.385           482,760.919           512,592.709
JNL/Eagle Core Equity Seres .....................................     1,524,727.599            91,505.668           103,474.837
JNl/Eagle SmallCap Equity Series ................................     1,581,153.730            82,024.265            58,574.003
JNL/Putnam Growth Series ........................................     5,931,301.983           454,784.946           458,960.425
JNL/Putnam Value Equity Series ..................................     8,416,216.895           459,244.434           541,074.128
JNL/Alliance Growth Series ......................................       310,184.367                   -0-                   -0-
JNL/JPM International & Emerging Markets Series .................       502,025.841                   -0-                   -0-
JNL/PIMCO Total Return Bond Series ..............................       474,374.431                   -0-                   -0-
Goldman Sachs/JNL Growth & Income Series ........................       348,270.015            24,889.757                   -0-
Lazard/JNL Small Cap Vaue Series ................................       520,576.538                   -0-                   -0-
Lazard/JNL Mid Cap Value Series .................................       417,624.946            40,101.406                   -0-
PPM America/JNL Balanced Series .................................     5,429,809.202           363,142.062           349,505.807
PPM America/JNL High Yield Bond Series ..........................     7,299,081.752           549,322.624           465,847.534
PPM America/JNL Money Market Series .............................     5,090,078.041         8,723,567.882         4,653,312.697
Salomon Brothers/JNL Global Bond Series .........................     3,567,103.057           388,353.463           168,505.071
Salomon Brothers/JNL U.S. Government &
     Quality Bond Series ........................................     2,887,684.510           199,411.339           272,825.624
Salomon Brothers/JNL Balanced Series ............................       145,698.188             7,344.727            78,359.953
Salomon Brothers/JNL High Yield Bond Series .....................       613,028.991            14,920.070                   -0-
T. Rowe Price/JNL Established Growth Series .....................     9,053,144.693           564,942.829           644,270.859
T. Rowe Price/JNL International Equity
     Investment Series ..........................................     5,711,569.882           321,411.438           483,876.709
T. Rowe Price/JNL Mid-Cap Growth Series .........................     7,588,354.502           536,407.710           536,754.170
</TABLE>

     3.a. To approve the  modification of the fundamental  investment  policy of
          each Series of the Trust concerning securities lending.
<TABLE>
<CAPTION>

                                                                                                                        ABSTAIN
                                                                              FOR                 AGAINST                  FROM
                                                                              ---                 -------               -------

<S>                                                                       <C>                  <C>                  <C>        
JNL Aggressive Growth Series .....................................        5,983,154.308        80,313.822           377,094.969
JNL Capital Growth Series ........................................        4,524,331.401       130,328.706           282,033.294
JNL Global Equities Series .......................................        9,407,636.728       173,315.833           668,357.510
JNL/Alger Growth Series ..........................................        6,978,379.967       165,282.135           645,316.911
JNL/Eagle Core Equity Seres ......................................        1,556,456.214        52,795.039           110,456.851
JNl/Eagle SmallCap Equity Series .................................        1,623,715.439        27,272.552            70,764.007
JNL/Putnam Growth Series .........................................        6,240,150.519       178,108.132           426,788.703
JNL/Putnam Value Equity Series ...................................        8,773,668.581       151,041.229           491,825.647
JNL/Alliance Growth Series .......................................          310,184.367               -0-                   -0-
JNL/JPM International & Emerging Markets Series ..................          502,025.841               -0-                   -0-
JNL/PIMCO Total Return Bond Series ...............................          474,374.431               -0-                   -0-
JNL/S&P Conservative Growth Series I .............................          285,374.186         7,116.630             4,159.031
JNL/S&P Moderate Growth Series I .................................          264,249.278               -0-            33,654.150
JNL/S&P Aggressive Growth Series I ...............................          172,288.774         8,040.601             5,408.692
JNL/S&P Very Aggressive Growth Series I ..........................          118,760.964               -0-             8,925.268
JNL/S&P Equity Growth Series I ...................................          151,400.106               -0-            19,886.358
JNL/S&P Equity Aggressive Growth Series I ........................          120,089.438               -0-                   -0-
JNL/S&P Conservative Growth Series II ............................          419,370.630               -0-            29,403.694
JNL/S&P Moderate Growth Series II ................................           71,022.529               -0-             6,138.969
JNL/S&P Aggressive Growth Series II ..............................           13,638.123               -0-                   -0-
JNL/S&P Very Aggressive Growth Series II .........................            5,511.866               -0-                   -0-
JNL/S&P Equity Growth Series I ...................................           29,782.631               -0-                   -0-
JNL/S&P Equity Aggressive Growth Series II .......................           10,027.453               -0-                   -0-
Goldman Sachs/JNL Growth & Income Series .........................          348,270.015        24,899.757                   -0-
Lazard/JNL Small Cap Vaue Series .................................          520,576.538               -0-                   -0-
Lazard/JNL Mid Cap Value Series ..................................          417,624.946        40,101.406                   -0-
PPM America/JNL Balanced Series ..................................        5,679,684.355       124,384.756           338,387.960
PPM America/JNL High Yield Bond Series ...........................        7,717,621.193       163,291.908           433,338.809
PPM America/JNL Money Market Series ..............................       42,287.421.396     2,274,554.368         3,904,982.856
Salomon Brothers/JNL Global Bond Series ..........................        3,825,592.970       106,150.771           192,217.850
Salomon Brothers/JNL U.S. Government &
     Quality Bond Series .........................................        3,062,534.823        43,510.983           253,875.667
Salomon Brothers/JNL Balanced Series .............................          224,058.141         7,344.727                   -0-
Salomon Brothers/JNL High Yield Bond Series ......................          613,028.991        14,920.070                   -0-
T. Rowe Price/JNL Established Growth Series ......................        9,433,365.071       178,770.283           650,223.027
T. Rowe Price/JNL International Equity
     Investment Series ...........................................        5,981,628.479        92,083.204           443,146.346
T. Rowe Price/JNL Mid-Cap Growth Series ..........................        7,822,735.136       327,405.319           511,375.927
</TABLE>

     3.b. To approve the modification of the investment policy of each Series of
          the Trust concerning restricted securities.
<TABLE>
<CAPTION>

                                                                                                                        ABSTAIN
                                                                              FOR                 AGAINST                  FROM
                                                                              ---                 -------               -------

<S>                                                                       <C>                  <C>                  <C>        
JNL Aggressive Growth Series ....................................         5,990,560.955        66,337.800           383,664.344
JNL Capital Growth Series .......................................         4,545.756.651       107,768.017           283,168.773
JNL Global Equities Series ......................................         9,418,193.517       163,578.989           667,537.565
JNL/Alger Growth Series .........................................         7,037,108.869       125,091.003           626,779.141
JNL/Eagle Core Equity Seres .....................................         1,570,540.623        39,432.907           109,734.574
JNl/Eagle SmallCap Equity Series ................................         1,623,164.479        28,736.041            69,851.478
JNL/Putnam Growth Series ........................................         6,250,007.388       150,659.492           444,380.474
JNL/Putnam Value Equity Series ..................................         8,807,473.944       115,258.394           493,803.119
JNL/Alliance Growth Series ......................................           310,184.367               -0-                   -0-
JNL/JPM International & Emerging Markets Series .................           502,025.841               -0-                   -0-
JNL/PIMCO Total Return Bond Series ..............................           474,374.431               -0-                   -0-
JNL/S&P Conservative Growth Series I ............................           292,490.816               -0-             4,159.031
JNL/S&P Moderate Growth Series I ................................           264,249.278               -0-            33,654.150
JNL/S&P Aggressive Growth Series I ..............................           180,329.374               -0-             5,408.693
JNL/S&P Very Aggressive Growth Series I .........................           118,760.964               -0-             8,925.268
JNL/S&P Equity Growth Series I ..................................           151,400.106               -0-            19,886.358
JNL/S&P Equity Aggressive Growth Series I .......................           120,089.438               -0-                   -0-
JNL/S&P Conservative Growth Series II ...........................           419,370.630               -0-            29,403.694
JNL/S&P Moderate Growth Series II ...............................            71,022.529               -0-             6,138.969
JNL/S&P Aggressive Growth Series II .............................            13,638.123               -0-                   -0-
JNL/S&P Very Aggressive Growth Series II ........................             5,511.866               -0-                   -0-
JNL/S&P Equity Growth Series I ..................................            29,782.631               -0-                   -0-
JNL/S&P Equity Aggressive Growth Series II ......................            10,207.430               -0-                   -0-
Goldman Sachs/JNL Growth & Income Series ........................           373,159.772               -0-                   -0-
Lazard/JNL Small Cap Vaue Series ................................           520,576.538               -0-                   -0-
Lazard/JNL Mid Cap Value Series .................................           457,726.352               -0-                   -0-
PPM America/JNL Balanced Series .................................         5,705,421.250        94,225.291           342,810.530
PPM America/JNL High Yield Bond Series ..........................         7,731,672.279       136,686.301           445,893.330
PPM America/JNL Money Market Series .............................        42,287,421.396     2,274,554.368         3,904,982.856
Salomon Brothers/JNL Global Bond Series .........................         3,828,562.222        96,129.545           199,269.824
Salomon Brothers/JNL U.S. Government &
     Quality Bond Series ........................................         3,084,743.904        30,776.881           244,400.688
Salomon Brothers/JNL Balanced Series ............................           231,402.868               -0-                   -0-
Salomon Brothers/JNL High Yield Bond Series .....................           627,949.061               -0-                   -0-
T. Rowe Price/JNL Established Growth Series .....................         9,476,056.482       149,317.314           636,984.585
T. Rowe Price/JNL International Equity
     Investment Series ..........................................         6,017,666.704        62,822.511           436,368.814
T. Rowe Price/JNL Mid-Cap Growth Series .........................         7,845,601.539       289,987.568           525,927.275
</TABLE>

4.a. To approve the Amendment  Investment  Advisory Agrreement between the Trust
     and Jackson  National  Financial  Services,  LLC dated August 18, 1995,  as
     amended.
<TABLE>
<CAPTION>

                                                                                                                        ABSTAIN
                                                                              FOR                 AGAINST                  FROM
                                                                              ---                 -------               -------

<S>                                                                         <C>                 <C>                   <C>      
JNL/S&P Conservative Growth Series I .............................          285,095.335         7,116.630             4,437.882
JNL/S&P Moderate Growth Series I .................................          264,429.278               -0-             3,654.150
JNL/S&P Aggressive Growth Series I ...............................          172,288.774         8,040.601             5,408.692
JNL/S&P Very Aggressive Growth Series I ..........................          127,686.232               -0-                   -0-
JNL/S&P Equity Growth Series I ...................................           60,209.242               -0-            59,880.196
JNL/S&P Equity Aggressive Growth Series I ........................           51,693.699               -0-            68,395.739
JNL/S&P Conservative Growth Series II ............................          419,370.630               -0-            29,403.694
JNL/S&P Moderate Growth Series II ................................           71,022.529               -0-            6,138.969
JNL/S&P Aggressive Growth Series II ..............................           13,638.123               -0-                   -0-
JNL/S&P Very Aggressive Growth Series II .........................            5,511.866               -0-                   -0-
JNL/S&P Equity Growth Series I ...................................           29,782.631               -0-                   -0-
JNL/S&P Equity Aggressive Growth Series II .......................           10,207.453               -0-                   -0-
</TABLE>

     4.b. To approve  the  Investment  Sub-Advisory  Agreement  between  Jackson
          National  Financial  Services,  LLC and  Standard & Poor's  Investment
          Advisory Services, Inc.
<TABLE>
<CAPTION>

                                                                                                                        ABSTAIN
                                                                              FOR                 AGAINST                  FROM
                                                                              ---                 -------               -------

<S>                                                                         <C>                        <C>            <C>      
JNL/S&P Conservative Growth Series I ................................       292,211.965               -0-             4,437.882
JNL/S&P Moderate Growth Series I ....................................       264,249.278               -0-            33,654.150
JNL/S&P Aggressive Growth Series I ..................................       180,329.374               -0-             5,408.693
JNL/S&P Very Aggressive Growth Series I .............................       127,686.232               -0-                   -0-
JNL/S&P Equity Growth Series I ......................................       151,400.106               -0-            19,886.358
JNL/S&P Equity Aggressive Growth Series I ...........................       120,089.438               -0-                   -0-
JNL/S&P Conservative Growth Series II ...............................       419,370.630               -0-            29,403.694
JNL/S&P Moderate Growth Series II ...................................        71,022.529               -0-             6,138.969
JNL/S&P Aggressive Growth Series II .................................        13,638.123               -0-                   -0-
JNL/S&P Very Aggressive Growth Series II ............................         5,511.866               -0-                   -0-
JNL/S&P Equity Growth Series I ......................................        29,782.631               -0-                   -0-
JNL/S&P Equity Aggressive Growth Series II ..........................        10,207.453               -0-                   -0-
</TABLE>
     
     5.   To ratify the Board of Trustees  selection  of  PricewaterhouseCoopers
          LLP as the  independent  accountant  of the Trust for the year  ending
          December 31, 1998.

FOR:                       AGAINST:                  ABSTAIN FROM:
- ----                       --------                  -------------

139,012,432.805            3,128,018.083             8,108,249.667

(d)  Not Applicable



<PAGE>


SUB-ITEM 77D:  Policies with respect to security investments

At a special  meeting held on September 18, 1998,  the  shareholders  of the JNL
Series Trust approved a modification  of the  fundamental  investment  policy of
each Series of the Trust concerning securities lending and a modification of the
investment policy of each Series of the Trust concerning restricted securities.

<PAGE>


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

Series:  JNL/Eagle SmallCap Equity Series
Security:  NBTY Incorporation
Date of Purchase:  07/01/98
Amount of Purchase:  $ 270,000
Purchase Price:  $ 18.00
Purchased From:  Salomon Smith Barney
Affiliated Underwriter:  Raymond James & Associates

Series:  Salomon Brothers/JNL Balanced Series
Security:  USEC Inc.
Date of Purchase:  07/22/98
Amount of Purchase:  $1,800
Purchase Price:  $14.25
Purchased From:  Morgan Stanley Dean Witter
Affiliated Underwriter:  Robinson Humphrey, Salomon Smith Barney

Series:  T. Rowe Price/JNL International Equity Investment Series
Security:  NTT Mobile Communication Network
Date of Purchase:  10/12/98
Amount of Purchase:  Yen 3,900,000
Purchased From:  Goldman Sachs/Normura
Affiliated Underwriter:  Ord Minnett

Series:  JNL/Eagle SmallCap Equity Series
Security:  EarthWeb Incorporated
Date of Purchase:  11/11/98
Amount of Purchase:  $280,000
Purchase Price:  $14.00
Purchased From:  J P Morgan
Affiliated Underwriter:  Raymond James & Associates

Series:  T. Rowe Price/JNL International Equity Investment Series
Security:  Nippon Telegraph and Telephone Corporation
Date of Purchase:  12/14/98
Amount of Purchase:  Yen 855,000
Purchased From:  Warburg Dillon Read
Affiliated Underwriter:  Robert Fleming


For all transactions listed, the determination  described in paragraph (h)(3) of
Rule 10f-3 was made based on the  following  information:  the  securities to be
purchased were part of an issue registered under the Securities Act of 1933 that
is being offered to the public,  eligible municipal securities,  securities sold
in an eligible  foreign  offering,  or securities  sold in an eligible Rule 144A
offering;  the securities  were  purchased  prior to the end of the first day on
which any sales are made,  at a price  that was not more than the price  paid by
each  other  purchaser  of  securities  in that  offering  or in any  concurrent
offering of the securities (except, in the case of an Eligible Foreign Offering,
for any rights to  purchase  that are  required by law to be granted to existing
security  holders  of the  issuer),  and  if the  securities  were  offered  for
subscription upon exercise of rights, the securities were purchased on or before
the fourth day preceding the day on which the rights offering terminated; if the
securities  purchased were part of an issue  registered under the Securities Act
of 1933 that was offered to the public or was purchased  pursuant to an eligible
foreign offering or an eligible Rule 144A offering, the issuer of the securities
was in  continuous  operation  for not less  than  three  years,  including  the
operations  of any  predecessors;  the  securities  were offered  pursuant to an
underwriting or similar agreement under which the underwriters were committed to
purchase all of the securities  being offered,  except those purchased by others
pursuant  to a  rights  offering,  if  the  underwriters  purchased  any  of the
securities;  the  commission,   spread  or  profit  received  by  the  principal
underwriters  was  reasonable  and fair  compared to the  commission,  spread or
profit  received by other such persons in connection  with the  underwriting  of
similar securities being sold during a comparable period of time; and the amount
of  securities  of any class of such  issue to be  purchased  by the  investment
company,  or by two or more  investment  companies  having  the same  investment
adviser, did not exceed: if purchased in an offering other than an eligible Rule
144A offering, 25 percent of the principal amount of the offering of such class,
or if purchased in an eligible Rule 144A  offering,  25 percent of the total of:
the  principal  amount of the  offering  of such class sold by  underwriters  or
members of the selling  syndicate to qualified  institutional  buyers,  plus the
principal  amount  of the  offering  of  such  class  in any  concurrent  public
offering.



PRICEWATERHOURSECOOPERS [LOGO]
To the Shareholders and Board of Trustees
of JNL Series Trust

In planning and performing our audit of the financial  statements of each of the
thirty-six Series comprising the JNL Series Trust (hereafter  referred to as the
"Trust") for the period ended  December 31,  1998,  we  considered  its internal
control,  including control activities for safeguarding securities,  in order to
determine our auditing  procedures  for the purpose of expressing our opinion on
the financial  statements and to comply with the requirements of Form N-SAR, not
to provide assurance on internal control.

The  management of the Trust is responsible  for  establishing  and  maintaining
internal control. In fulfilling this responsibility,  estimates and judgments by
management  are  required to assess the expected  benefits and related  costs of
controls.  Generally,  controls  that are  relevant  to an audit  pertain to the
entity's objective of preparing financial  statements for external purposes that
are  fairly   presented  in  conformity  with  generally   accepted   accounting
principles.   Those  controls   include  the   safeguarding  of  assets  against
unauthorized acquisition, use or disposition.

Because of inherent  limitations in internal  control,  error or fraud may occur
and not be detected.  Also,  projection of any evaluation of internal control to
future periods is subject to the risk that it may become  inadequate  because of
changes in conditions or that the  effectiveness of the design and operation may
deteriorate.

Our consideration of internal control would not necessarily disclose all matters
in  internal   control  that  might  be  material   weaknesses  under  standards
established  by the  American  Institute  of  Certified  Public  Accountants.  A
material weakness is a condition in which the design or operation of one or more
of the internal control components does not reduce to a relatively low level the
risk  that  misstatements  caused  by error or fraud in  amounts  that  would be
material in relation to the financial statements being audited may occur and not
be  detected  within a timely  period  by  employees  in the  normal  course  of
performing  their assigned  functions.  However,  we noted no matters  involving
internal  control  and  its  operation,   including  controls  for  safeguarding
securities,  that we consider to be material  weaknesses  as defined above as of
December 31, 1998.

This report is intended solely for the  information  and use of management,  the
Board of Trustees, and the Securities and Exchange Commission.



February 17, 1999



This report is signed on behalf of the registrant (or depositor or trustee).

City of: LANSING          State of: MICHIGAN            Date:  February 26, 1999

Name of Registrant, Depositor, or Trustee:  JNL SERIES TRUST

By (Name and Title):                              Witness (Name and Title):


/s/ Andrew B. Hopping                             /s/ Thomas J. Meyer
- ---------------------                             -------------------
ANDREW B. HOPPING                                 THOMAS J. MEYER
PRESIDENT & CHIEF EXECUTIVE                       VICE PRESIDENT &
OFFICER                                           SECRETARY





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