Janus Emerging Markets Fund (JMFTX)
All-Cap Emerging Market Equities

SHARE CLASS

FUND FACTS (JMFTX)

Inception Date12/28/2010
NAV (As of 2/27/15 )$8.48
Total Net Assets (As of 1/31/15)$32.07M
Annual Expense Ratio
(As of fiscal year end 9/30/14)
GROSS 1.77%
NET 1.27%

Performance (As of 12/31/14)
1 Year-0.43%
3 Year4.19%
Since Inception-3.46%
Morningstar (As of 1/31/15)
CategoryDiversified Emerging Mkts
Equity
Style Box

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.

Net expense ratios reflect the expense waiver, if any, Janus Capital has contractually agreed to through 2/1/16.

Data as of 1/31/15. Index represents the MSCI Emerging Markets Index℠.

TOP HOLDINGS (% of Fund)

Samsung Electronics Co., Ltd. 3.70
Taiwan Semiconductor Manufacturing Co., Ltd. (ADR) 3.14
Tencent Holdings, Ltd. 2.06
China Construction Bank Corp. - Class H 1.86
China Pacific Insurance Group Co., Ltd. - Class A 1.83
Louis XIII Holdings, Ltd. 1.76
Itau Unibanco Holding SA (ADR) 1.63
Industrial & Commercial Bank of China, Ltd. - Class H 1.60
ICICI Bank, Ltd. (ADR) 1.59
PC Jeweller, Ltd. 1.58
TOTAL20.75

CHARACTERISTICS

Number of Holdings
Equity Issues

121
Market Capitalization
Weighted Average
Median

$44.47B
$13.33B
Portfolio Turnover Ratio
(1-year trailing)

76.97%
Price/Earnings Ratio
(1-year forward)

15.41
Price/Book Ratio
(1-year forward)

2.62
Earnings Growth Rate
(1-year forward)

11.63%

MONTHLY TOP EQUITY
CONTRIBUTORS & DETRACTORS

CONTRIBUTORS
Cheil Industries, Inc.
CITIC Securities Co., Ltd. - Class A
China Pacific Insurance Group Co., Ltd. - Class A
SAIC Motor Corp., Ltd. - Class A
Daqin Railway Co., Ltd. - Class A
DETRACTORS
Sberbank of Russia (ADR)
QIWI PLC (ADR)
Itau Unibanco Holding SA (ADR)
Dubai Parks & Resorts PJSC
Taiwan Semiconductor Manufacturing Co., Ltd. (ADR)

SECTOR ALLOCATION (%)

FUND INDEX 
Financials 26.91 28.60
 
 
Information Technology 19.85 18.73
 
 
Consumer Discretionary 16.64 9.26
 
 
Industrials 9.43 6.76
 
 
Consumer Staples 7.57 8.28
 
 
Materials 4.97 7.22
 
 
Energy 4.85 7.83
 
 
Health Care 2.55 2.35
 
 
Telecommunication Services 1.61 7.61
 
 
Utilities 1.13 3.36
 
 
Cash & Equivalents 4.49 -
 

DEVELOPED VS. EMERGING MARKET EXPOSURE (%)

FUNDINDEX
Non-U.S. Emerging 82.52 99.89
Non-U.S. Developed 10.86 0.06
U.S. 2.13 0.05
Cash & Equivalents 4.49 -

REGIONS (%)

FUNDINDEX
Asia/Pacific Ex Japan 64.83 67.61
Latin America 13.22 15.36
Europe 8.70 5.37
Africa/Mideast 6.17 11.61
North America 2.13 0.05
Japan 0.46 -
Cash & Equivalents 4.49 -

COUNTRIES (%)

FUNDINDEX
China 25.35 22.19
Korea, Republic Of 14.21 14.97
India 8.45 7.66
Taiwan, Province Of China 7.29 12.67
Brazil 6.88 8.23
Hong Kong 5.35 0.06
Mexico 3.59 4.62
Russian Federation 3.38 3.15
United Kingdom 3.18 -
Turkey 2.58 1.78
United States 2.13 0.05
Philippines 1.64 1.36
South Africa 1.39 8.19
Chile 1.33 1.36
Saudi Arabia 1.27 -
Indonesia 1.12 2.72
Switzerland 1.05 -
United Arab Emirates 0.93 0.56
Peru 0.90 0.43
Thailand 0.76 2.48
Malaysia 0.65 3.49
France 0.57 -
Colombia 0.52 0.73
Japan 0.46 -
Netherlands 0.27 -
Hungary 0.26 0.17
Cash & Equivalents 4.49 -

MARKET CAPITALIZATION RANGE OF EQUITY HOLDINGS (%)

FUNDINDEX
Over $100 Billion 16.31 18.42
$50 Billion to $100 Billion 3.51 6.76
$10 Billion to $50 Billion 38.16 41.66
$5 Billion to $10 Billion 8.60 18.58
$1 Billion to $5 Billion 17.33 14.35
$500 Million to $1 Billion 9.32 0.03
$250 Million to $500 Million 3.72 -
$100 Million to $250 Million 1.29 -
N/A 1.76 0.20

Equity country, regional, sector and industry weights based on MSCI and GICS classifications. Fixed income country, regional, sector and industry weights based on Barclays classifications.