Janus Forty Fund (JACTX)
High-Conviction Large-Cap Growth Equities

SHARE CLASS

FUND FACTS (JACTX)

Inception Date5/1/1997
NAV (As of 2/27/15 )$32.14
Total Net Assets (As of 1/31/15)$2.31B
Annual Expense Ratio
(As of fiscal year end 9/30/14)
GROSS 0.77%
NET 0.77%

Performance (As of 12/31/14)
1 Year8.81%
3 Year21.19%
5 Year11.85%
10 Year9.06%
Morningstar (As of 1/31/15)
CategoryLarge Growth
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.

PERFORMANCE View Time Period:
As of 2/27/15As of 1/31/15As of 12/31/14As of 12/31/14
Inception: May 1, 1997
PRICE1 DAY
RETURN

YTD
1 YR3 YR5 YR10 YRSINCE
INCEPTION
Class T Shares 
$32.14-0.43%8.76%12.79%17.91%12.90%9.49%10.65%8.81%21.19%11.85%9.06%10.72%8.81%77.99%75.08%138.06%504.84%
Russell 1000® Growth Index5.03%14.59%17.35%16.49%8.69%6.53%13.05%20.26%15.81%8.49%6.66%13.05%73.93%108.36%125.94%212.40%
S&P 500® Index2.88%
(02/26/2015)
14.22%17.47%15.60%7.61%7.25%13.69%20.41%15.45%7.67%7.47%13.69%74.60%105.14%109.47%256.91%

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.

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

Annual Expense Ratio: Gross: 0.77% / Net: 0.77% View Fees and Expenses

RISK STATISTICS
VS. Russell 1000® Growth Index

VIEW RISK STATISTICS DEFINITIONS

Alpha
Compares the risk-adjusted performance of a portfolio to a benchmark index.
Beta
A measure of the volatility of a portfolio in comparison to a benchmark index.
R-Squared
Represents the percentage of the portfolio’s performance that can be explained by the general movements of a benchmark index.
Standard Deviation
Measures historical volatility.
Sharpe Ratio
Measures risk-adjusted performance by dividing the portfolio’s excess returns by the standard deviation of those returns.
Information Ratio
Measure of a portfolio management’s performance against risk and return relative to a benchmark or alternative measure.
FUNDINDEX
Alpha-0.68-4.75N/AN/A
Beta1.061.111.001.00
R-Squared (%)86.3990.99100.00100.00
Standard Deviation10.9115.469.5313.31
Sharpe Ratio1.610.811.821.23
Information Ratio0.07-0.79----

Statistics are for the Fund’s “parent” share class (typically that with the longest history).

MORNINGSTAR PERCENTILE View Time Period:
As of 12/31/14As of 1/31/15
1 YR3 YR5 YR10 YRSINCE
INCEPTION
Percentile Ranking (%)312382111662188145
Large Growth Category
Rank/Count
536 / 1754381 / 16971260 / 1537145 / 13301 / 11160 / 1760352 / 16841361 / 1538177 / 133135 / 806

CALENDAR YEAR PERFORMANCE

GROWTH OF A $10,000 HYPOTHETICAL INVESTMENT

UP AND DOWN MARKET CAPTURE

AS OF 1/31/153 YR UP MARKET
CAPTURE
3 YR DOWN MARKET
CAPTURE
5 YR UP MARKET
CAPTURE
5 YR DOWN MARKET
CAPTURE
Janus Forty Fund101.99%102.18%95.93%119.18%
Russell 1000® Growth Index100.00%100.00%100.00%100.00%

Statistics are for the Fund’s “parent” share class (typically that with the longest history).

ANNUAL FEES & EXPENSES

AS OF FISCAL YEAR END 9/30/2014
CLASS T SHARES
Management Fees0.48%
12b-1 FeesN/A
Other Expenses0.29%
Total Gross Expenses0.77%
Waivers0.00%
TOTAL NET EXPENSES0.77%