Janus Global Technology Fund (JAGTX)

Data as of 3/31/2014 unless otherwise noted

Fund Overview

Global technology equities
  • Global approach to companies that are creating and benefiting from advances in technology
  • Fundamental research focused on understanding the customer and product perspective
  • Disciplined valuation analysis and diversified across industries, geographies and market capitalization

Performance

Inception: Dec 31, 1998
1 Year
3 Year
5 Year
10 Year
Since Fund Inception
Class T Shares
26.22% 12.24% 23.55% 9.02% 6.50%
S&P 500® Index 21.86% 14.66% 21.16% 7.42% 4.72%
MSCI World Information Technology Index 24.99% 12.25% 19.31% 6.25% 2.14%

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. 10.89%
Google, Inc. - Class A 9.50%
Microsoft Corp. 3.78%
ARM Holdings PLC 3.21%
QUALCOMM, Inc. 3.17%
TE Connectivity, Ltd. (U.S. Shares) 3.02%
Amphenol Corp. - Class A 2.85%
National Instruments Corp. 2.70%
Taiwan Semiconductor Manufacturing Co., Ltd. 2.37%
MasterCard, Inc. - Class A 2.33%
TOTAL 43.82%

Asset Allocation

% of Fund
Asset Allocation Chart
US Common Stock 79.56%
Non-US Common Stock 20.28%
Short Equity Derivatives -0.04%
Short Non-US Common Stock -0.18%
Short US Common Stock -0.53%
Cash & Equivalents 0.26%
Restricted Cash 0.65%
Total 100.00%

Sector Allocation

% of Fund
Information Technology
80.31%
Consumer Discretionary
8.34%
Industrials
4.54%
Financials
4.00%
Health Care
0.97%
Telecommunication Services
0.76%
Consumer Staples
0.17%
Cash & Equivalents
0.26%
Restricted Cash
0.65%
Total
100.00%
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Management

Brinton Johns | Brad Slingerlend

Brinton Johns

Joined Janus 2000
Tenure on fund: Since 2014

“As technology pushes further outside the borders of “traditional”, the team’s research allows us to deeply understand ecosystems and identify powerful multi-year change.”

Read More about Brinton Johns

Brad Slingerlend

Joined Janus 1998
Tenure on fund: Since 2011

"Because the pace of change in technology is high and rising, we focus on both established and emerging companies built to adapt and evolve around inevitable disruptions."

Read More about Brad Slingerlend

Analysis Tools powered by Morningstar™

Morningstar

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

3 of 5 stars

of 195

Technology 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

Fund Facts 

CUSIP 471023663
Inception 12/31/1998
Total Net Assets (as of 03/31/2014) $ 1.0B
Total Number of Equity Issues 96
Total Number of Debt Issues 0
Weighted Average Market Capitalization ($ billion) $ 130.19
Portfolio Turnover Rate 46.89%
Annual Expense Ratios (as of fiscal year-end 09/30/2013)
Gross 0.97%
Net 0.97%
Alpha (3-Year-Fund) -0.06
Beta (3-Year-Fund) 1.02
R-Squared (3-Year-Fund) 89.73%
Sharpe Ratio (3-Year - Fund) .81
Sharpe Ratio (3-Year - S&P 500® Index) 1.17
Standard Deviation (3-Year - Fund) 15.08
Standard Deviation (3-Year - S&P 500® Index) 12.47

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.


A Fund'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 and potential conflicts of interest. Additional risks to a Fund 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, commodity-linked investments, and companies with relatively small market capitalizations. Each Fund has different risks. Please see a Janus prospectus for more information about risks, Fund holdings and other 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.


The Fund will normally invest at least 80% of its net assets, measured at the time of purchase, in the type of securities described by its name.


The use of short sales may cause the fund to have higher expenses than those of other equity funds. Short sales are speculative transactions and involve special risks, including a greater reliance on the investment team's ability to accurately anticipate the future value of a security. The Fund's losses are potentially unlimited in a short sale transaction. The Fund's use of short sales in effect leverages the Fund's portfolio. The Fund's use of leverage may result in risks and can magnify the effect of any losses. There is no assurance that a leveraging strategy will be successful.


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When an expense waiver is in effect, it may have a material effect on the total return or yield, and therefore the ranking and/or rating for the period.


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.


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