Janus Diversified Alternatives Fund (JDATX)

Diversified Liquid Alternative Fund Seeking Absolute Returns



Inception Date12/28/2012
NAV (As of 9/26/16)$10.13
Total Net Assets (As of 8/31/16)$62.17M
Annual Expense Ratio
(As of fiscal year end 6/30/15)
GROSS 1.60%
NET 1.51%

Performance (As of 6/30/16)
1 Year0.72%
3 Year1.05%
Since Inception0.37%
Morningstar (As of 8/31/16)

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. For the most recent month-end performance click here.

Returns greater than one year are annualized.

Net expense ratios reflect the expense waiver, if any, Janus Capital has contractually agreed to through 11/1/16.

Quarterly Commentary - Q2 2016


The Fund underperformed both its primary benchmark and its secondary benchmark.

The Fund’s rates momentum strategy was the leading contributor, while the currency momentum strategy detracted.

Given the strength in crude oil and commodities during the quarter, the Fund’s models increased the exposure to commodity value and equity value.


John Fujiwara

John Fujiwara

Fund Manager since 2012
Industry since 1987

Ashwin Alankar, Ph.D.

Ashwin Alankar, Ph.D.

Fund Manager since 2014
Industry since 2001