Janus Aspen Janus Portfolio

Data as of 3/31/2014 unless otherwise noted

Portfolio Overview

Classic large cap growth
  • Broadly positioned portfolio focused on seeking premier large cap growth companies
  • Emphasis on "smart growth", strong prospects for sustainable and predictable growth potential through prudent use of invested capital
  • Focus on diversified revenue streams and proper management incentives

Performance

Inception: Sep 13, 1993
1 Year
3 Year
5 Year
10 Year
Since Portfolio Inception
Service Shares
20.93% 11.98% 18.73% 6.69% 7.53%
Russell 1000® Growth Index 23.22% 14.62% 21.68% 7.86% 8.56%
S&P 500® Index 21.86% 14.66% 21.16% 7.42% 9.15%
Core Growth Index 22.55% 14.65% 21.43% 7.66% 8.90%

Returns quoted are past performance and do not guarantee future results; current performance may be lower or higher. Investment returns and principal value will vary; there may be a gain or loss when shares are sold.


Returns greater than one year are annualized.


Morningstar Style Box™ (As of 3/31/2014)

Equity Style

Large Growth

Portfolio Analysis

Top Holdings

% of Fund

View All Holdings (PDF)

Apple, Inc. 5.51%
Google, Inc. - Class A 5.42%
Starbucks Corp. 2.74%
American Tower Corp. 2.61%
Gilead Sciences, Inc. 2.56%
ARM Holdings PLC 2.55%
Canadian Pacific Railway, Ltd. (U.S. Shares) 2.42%
Twenty-First Century Fox, Inc. - Class A 2.38%
SABMiller PLC 2.29%
Sensata Technologies Holding NV 2.27%
TOTAL 30.75%

Asset Allocation

% of Fund
Asset Allocation Chart
US Common Stock 90.81%
Non-US Common Stock 11.62%
Equity Derivatives 0.06%
Short Equity Derivatives -0.01%
Cash & Equivalents -2.48%
Total 100.00%

Sector Allocation

Information Technology
32.34%
Consumer Discretionary
19.37%
Industrials
15.53%
Health Care
14.32%
Consumer Staples
6.50%
Financials
5.25%
Energy
5.16%
Materials
2.43%
Utilities
0.95%
Telecommunication Services
0.63%
Cash & Equivalents
-2.48%
Total
100.00%
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Management

Barney Wilson

Barney Wilson

Joined Janus 2005
Tenure on fund: Since 2011

Read More about Barney Wilson

Analysis Tools powered by Morningstar™

Morningstar

Overall Morningstar Rating™ (As of 3/31/2014)

3 of 5 stars

of 1491

Large Growth Funds

View detailed Morningstar ratings

Ratings are based on risk-adjusted returns. The Overall Morningstar Rating™ for a fund is derived from a weighted average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar Rating™ metrics.


As of 3/31/2014

Portfolio Facts 

CUSIP 471021675
Inception 09/13/1993
Total Net Assets (as of 03/31/2014) $ 579.4M
Total Number of Equity Issues 84
Total Number of Debt Issues 0
Weighted Average Market Capitalization ($ billion) $ 89.64
Portfolio Turnover Rate 54.97%
Annual Expense Ratios (as of fiscal year-end 12/31/2012)
Gross 0.78%
Net 0.78%
Alpha (3-Year-Fund) -2.77
Beta (3-Year-Fund) 1.06
R-Squared (3-Year-Fund) 96.68%
Sharpe Ratio (3-Year - Fund) .89
Sharpe Ratio (3-Year - Russell 1000 Growth Index) 1.14
Standard Deviation (3-Year - Fund) 13.74
Standard Deviation (3-Year - Russell 1000 Growth Index) 12.77

Please consider the charges, risks, expenses and investment objectives carefully before investing. Please see a prospectus, or if available, a summary prospectus containing this and other information. Read it carefully before you invest or send money.


Returns include reinvestment of dividends and capital gains.


This Portfolio has a performance-based management fee that adjusts up or down based on the Portfolio’s performance relative to an approved benchmark index over a performance measurement period. See the Portfolio’s Prospectus or Statement of Additional Information for more details.


Ratings and/or rankings may be based, in part, on the performance of a predecessor fund or share class and are calculated by Morningstar using a performance calculation methodology that differs from that used by Janus. Differences in the methodologies may lead to variances in calculating total performance returns, in some cases this variance may be significant, thereby potentially affecting the rating/ranking of the Fund[s]. The rating/rankings are displayed for informational purposes only and should not be relied upon when making investment decisions.


Effective 5/12/11, Barney Wilson joined Jonathan Coleman as co-Portfolio Manager of Janus Aspen Janus Portfolio and related strategies.


Returns shown for Service Shares for periods prior to 12/31/99 are derived from the historical performance of the Institutional Shares, adjusted to reflect the higher operating expenses of Service Shares.


A portfolio’s performance may be affected by risks that include those associated with nondiversification, non-investment grade debt securities, high-yield/high-risk securities, undervalued or overlooked companies, investments in specific industries or countries. Additional risks to a portfolio(s) may also include, but are not limited to, those associated with investing in foreign securities, emerging markets, initial public offerings, real estate investment trusts (REITs), derivatives, short sales and companies with relatively small market capitalizations. Each Portfolio has different risks. Please see a Janus prospectus or janus.com/info for more information about risks, portfolio holdings and other details.


Holdings are subject to change without notice.


Returns shown do not represent actual returns since they do not include insurance charges. Returns shown would have been lower had they included insurance charges.


©2014 Morningstar, Inc. All Rights Reserved.


For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of the funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. The Morningstar Rating™ may differ among share classes of a mutual fund as a result of different sales loads and/or expense structures. It may be based, in part, on the performance of a predecessor Fund.


Ratings and Rankings are for the share class shown only; other classes may have different performance characteristics.


The Morningstar Style BoxTM reveals a fund's investment strategy. For equity funds the vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend or growth).


A Fund's portfolio may differ significantly from the securities held in the index. The index is unmanaged and not available for direct investment; therefore its performance does not reflect the expenses associated with the active management of an actual portfolio.


Since inception return is not shown since the index's inception date differs significantly from the fund's inception date.


Janus Aspen Series is sold only through life insurance companies in connection with certain variable annuity contracts, variable annuity life policies, and eligible retirement plans. The trust consists of separate mutual funds, each with its own investment goal and strategy.Consider the investment objectives, risks, and charges and expenses carefully. For product and underlying funds prospectuses containing this and other information for any variable annuity or variable life product that invests in Janus Aspen Series, contact the offering insurance company.


Portfolios distributed by Janus Distributors LLC


Janus International Holding LLC © 2001-2014. All rights reserved.