Janus International Equity Fund (JAITX)

Seeks International Quality Growth Equities

SHARE CLASS

FUND FACTS (JAITX)

Inception Date11/28/2006
NAV (As of 5/27/16)$11.13
Total Net Assets (As of 4/30/16)$212.50M
Annual Expense Ratio
(As of fiscal year end 9/30/15)
GROSS 0.97%
NET 0.97%

Performance (As of 3/31/16)
1 Year-11.68%
3 Year0.98%
5 Year1.14%
Since Inception2.96%
Morningstar (As of 4/30/16)
CategoryForeign Large 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.

Returns greater than one year are annualized.

Net expense ratios reflect the expense waiver, if any, Janus Capital has contractually agreed to through 2/1/17.

Quarterly Commentary - Q1 2016

EXECUTIVE SUMMARY

The building pressure in global equities in late 2015 erupted into a broad-based sell-off in January and February before transitioning to a March rally.

The Fund underperformed its benchmarks during the period.

We expect the doubling-down on accommodative monetary policy by the ECB, Fed and BOJ to be an ongoing factor affecting financial markets sentiment.

FUND MANAGEMENT

Julian McManus

Julian McManus

Fund Manager since 2010
Industry since 1994

Guy Scott, CFA

Guy Scott, CFA

Fund Manager since 2010
Industry since 1992

Carmel Wellso

Carmel Wellso

Fund Manager since 2010
Industry since 1994