Janus Aspen Balanced Portfolio (JABLX)
20+ Years of Dynamic Asset Allocation

SHARE CLASS

PORTFOLIO FACTS (JABLX)

Inception Date9/13/1993
NAV (As of 3/26/15 )$31.74
Total Net Assets (As of 2/28/15)$1.92B
Annual Expense Ratio
(As of fiscal year end 12/31/13)
GROSS 0.58%
NET 0.58%

Performance (As of 12/31/14)
1 Year8.51%
3 Year13.99%
5 Year10.29%
10 Year8.61%
Morningstar (As of 2/28/15)
CategoryModerate Allocation
Analyst RatingSilver
Equity
Style Box
Fixed Income
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.

PERFORMANCE View Time Period:
As of 3/26/15As of 2/28/15As of 12/31/14As of 12/31/14
Inception: Sep 13, 1993
PRICE1 DAY
RETURN

YTD
1 YR3 YR5 YR10 YRSINCE
INCEPTION
Institutional Shares 
$31.74-0.28%0.99%9.12%11.87%10.77%8.93%10.31%8.51%13.99%10.29%8.61%10.27%8.51%48.13%63.19%128.41%702.73%
S&P 500® Index0.58%
(03/25/2015)
15.51%18.00%16.18%7.99%9.43%13.69%20.41%15.45%7.67%9.38%13.69%74.60%105.14%109.47%574.89%
Barclays U.S. Aggregate Bond Index1.56%
(03/25/2015)
5.05%2.76%4.29%4.82%5.66%5.97%2.66%4.45%4.71%5.65%5.97%8.20%24.31%58.42%222.13%
Balanced Index1.11%
(03/25/2015)
10.80%11.05%10.95%6.80%8.00%10.23%12.22%10.64%6.57%7.96%10.23%41.34%65.77%88.94%411.45%

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.

Annual Expense Ratio: Gross: 0.58% / Net: 0.58% View Fees and Expenses

RISK STATISTICS
VS. S&P 500® 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.
PORTFOLIOINDEX
Alpha1.250.48N/AN/A
Beta0.600.641.001.00
R-Squared (%)89.9591.88100.00100.00
Standard Deviation5.978.719.5013.08
Sharpe Ratio1.981.231.891.23
Information Ratio-1.43-1.01----

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

MORNINGSTAR PERCENTILEView Time Period:
As of 12/31/14As of 2/28/15
1 YR3 YR5 YR10 YRSINCE
INCEPTION
Percentile Ranking (%)2419282324142833
Moderate Allocation Category
Rank/Count
225 / 938162 / 849219 / 77210 / 6028 / 269209 / 892111 / 801206 / 72713 / 5938 / 269

CALENDAR YEAR PERFORMANCE

GROWTH OF A $10,000 HYPOTHETICAL INVESTMENT

UP AND DOWN MARKET CAPTURE

AS OF 2/28/153 YR UP MARKET
CAPTURE
3 YR DOWN MARKET
CAPTURE
5 YR UP MARKET
CAPTURE
5 YR DOWN MARKET
CAPTURE
Janus Aspen Balanced Portfolio61.58%57.81%61.73%61.91%
S&P 500® Index100.00%100.00%100.00%100.00%

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

ANNUAL FEES & EXPENSES

AS OF FISCAL YEAR END 12/31/2013
INSTITUTIONAL SHARES
Management Fees0.55%
12b-1 FeesN/A
Other Expenses0.03%
Total Gross Expenses0.58%
WaiversN/A
TOTAL NET EXPENSES0.58%