JANUS MUTUAL FUNDS

by Manshu on November 20, 2006

in Mutual Funds

Janus Capital Management, one of the largest equity managers in the United States of America manages over $76 billion in mutual funds on behalf of their investors. The underlying focus of the company is on growth and core international mutual funds, extending their reach into balanced fixed income and money market funds. With about, 40 mutual funds along with bonds and money market funds Janus offer a full line of individual investor services.
Janus Capital Management, one of the largest equity managers in the United States of America manages over $76 billion in mutual funds on behalf of their investors. The underlying focus of the company is on growth and core international mutual funds, extending their reach into balanced fixed income and money market funds. With about, 40 mutual funds along with bonds and money market funds Janus offer a full line of individual investor services.Janus Mutual Funds make it easy for an investor to get started. In order to open a non-retirement account the minimum requirement is as little as $2,500. For a retirement account or a college saving account the minimum opening investment required of the investor is only $500. About 99.0% of the funds offered by Janus Capital are no load mutual funds. This aspect is important when an investor is thinking of investing in a mutual fund as loads significantly impact the total returns on the investment. Over the last five years the average return on Janus Mutual Funds has been 2.71%.

The expense ratio of Janus Mutual Funds runs from below average to very low as compared to most other mutual funds. On a domestic stock fund the average annual fee that is charged is just 0.91%. Nearly, 75% of Janus Mutual Funds are invested in domestic stocks.
Janus funds have their own unique objectives although they all have the same research-oriented and a hands-on investment approach for picking great companies.
Mutual Funds can be categorized into; stock funds, bond funds and money market funds. The stock funds that are available from Janus are; growth funds, specialty growth funds, core funds, risk-managed funds, value funds, international and global funds.
Although no cornerstone mutual fund such as the Magellan fund, there are some stand out mutual fund performers within the Janus family:
 

Janus Aspen International Growth (JAIGX): The funds focus is on international growth stocks with over $1.4 billion in assets. The funds main stock holdings are manufacturing (54.9%) and the services industries (34.3%). This no load fund carries an expense ratio of 0.70% and the minimum investment is $500,000. Over the last five years the total returns has been 14.51%. Some of the top companies held under the fund are Reliance Industries, The Tata Iron & Steel and Li & Fung Ltd.
 

Janus Overseas (JAOSX): Aimed at the large cap sector this overseas growth fund has about $4.2 billion in assets. With a minimum investment of $2,500 for this fund the main stock holding sectors are manufacturing (55.1%) and services (34.1%). This is a no load mutual fund and has an expense ratio of 0.89%. This growth fund invests in overseas companies based not on their geography or industry sector, but rather on their individual merits. Top holdings include Samsung Electronics, Tata Iron & Steel and Reliance Industries.

Janus Contrarian (JSVAX): With over $3.5 billion in assets this is a large blend fund for individual investors. The fund carries an average return of 12.14% calculated for over a period of 5 years. It is a no load mutual fund with an expense ratio of 0.93%. The top three holdings include St. Joe Corporation, Liberty Global and Ceridian Corporation. The funds assets are 100% invested in stocks.
 

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