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

SHARE CLASS

FUND FACTS (JMFTX)

Inception Date12/28/2010
NAV (As of 4/17/15 )$8.94
Total Net Assets (As of 3/31/15)$32.47M
Annual Expense Ratio
(As of fiscal year end 9/30/14)
GROSS 1.77%
NET 1.27%

Performance (As of 3/31/15)
1 Year2.36%
3 Year-0.05%
Since Inception-2.71%
Morningstar (As of 3/31/15)
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 3/31/15. Index represents the MSCI Emerging Markets Index℠.

TOP HOLDINGS (% of Fund)

Samsung Electronics Co., Ltd. 3.82
Taiwan Semiconductor Manufacturing Co., Ltd. (ADR) 3.21
Tencent Holdings, Ltd. 2.27
Qingdao Haier Co., Ltd. - Class A 2.07
China Pacific Insurance Group Co., Ltd. - Class A 1.93
China Construction Bank Corp. - Class H 1.90
Industrial & Commercial Bank of China, Ltd. - Class H 1.63
SAIC Motor Corp., Ltd. - Class A 1.52
Louis XIII Holdings, Ltd. 1.48
Atlas Mara, Ltd. 1.48
TOTAL21.31

CHARACTERISTICS

Number of Holdings
Equity Issues

119
Market Capitalization
Weighted Average
Median

$43.37B
$12.73B
Portfolio Turnover Ratio
(1-year trailing)

75.90%
Price/Earnings Ratio
(1-year forward)

15.30
Price/Book Ratio
(1-year forward)

2.37
Earnings Growth Rate
(1-year forward)

12.58%

MONTHLY TOP EQUITY
CONTRIBUTORS & DETRACTORS

CONTRIBUTORS
Qingdao Haier Co., Ltd. - Class A
PC Jeweller, Ltd.
Samsung Electronics Co., Ltd.
Tencent Holdings, Ltd.
Dubai Parks & Resorts PJSC
DETRACTORS
Itau Unibanco Holding SA (ADR)
Sberbank of Russia (ADR)
ICICI Bank, Ltd. (ADR)
Taiwan Semiconductor Manufacturing Co., Ltd. (ADR)
Vale SA (ADR)

SECTOR ALLOCATION (%)

FUND INDEX 
Financials 26.76 28.48
 
 
Information Technology 20.75 19.10
 
 
Consumer Discretionary 17.36 9.41
 
 
Industrials 9.42 6.76
 
 
Consumer Staples 8.02 8.11
 
 
Energy 4.78 8.03
 
 
Materials 3.62 7.07
 
 
Health Care 2.55 2.36
 
 
Telecommunication Services 1.56 7.35
 
 
Utilities 1.04 3.33
 
 
Cash & Equivalents 4.14 -
 

DEVELOPED VS. EMERGING MARKET EXPOSURE (%)

FUNDINDEX
Non-U.S. Emerging 82.70 99.88
Non-U.S. Developed 11.08 0.06
U.S. 2.08 0.06
Cash & Equivalents 4.14 -

REGIONS (%)

FUNDINDEX
Asia/Pacific Ex Japan 65.49 68.48
Latin America 13.47 14.47
Europe 11.33 7.41
Africa/Mideast 3.02 9.58
North America 2.08 0.06
Japan 0.47 -
Cash & Equivalents 4.14 -

COUNTRIES (%)

FUNDINDEX
China 25.58 23.04
Korea, Republic Of 14.16 14.99
India 7.72 7.47
Taiwan, Province Of China 7.33 12.83
Brazil 6.24 7.32
Hong Kong 5.36 0.06
Russian Federation 3.81 3.70
United Kingdom 3.31 -
Mexico 3.22 4.70
Chile 3.14 1.41
Philippines 2.28 1.39
Turkey 2.27 1.51
United States 2.08 0.06
Indonesia 1.76 2.77
South Africa 1.18 7.95
United Arab Emirates 1.11 0.56
Switzerland 1.00 -
France 0.94 -
Peru 0.87 0.42
Thailand 0.66 2.40
Malaysia 0.64 3.53
Japan 0.47 -
Saudi Arabia 0.40 -
Egypt 0.33 0.24
Cash & Equivalents 4.14 -

MARKET CAPITALIZATION RANGE OF EQUITY HOLDINGS (%)

FUNDINDEX
Over $100 Billion 16.70 18.82
$50 Billion to $100 Billion 4.63 7.01
$10 Billion to $50 Billion 36.72 42.84
$5 Billion to $10 Billion 7.36 17.09
$1 Billion to $5 Billion 20.42 13.98
$500 Million to $1 Billion 7.38 0.07
$250 Million to $500 Million 4.71 -
$100 Million to $250 Million 1.23 -
N/A 0.85 0.19

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.