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

SHARE CLASS

PORTFOLIO FACTS (JABLX)

Inception Date9/13/1993
NAV (As of 4/17/15 )$32.13
Total Net Assets (As of 3/31/15)$2.12B
Annual Expense Ratio
(As of fiscal year end 12/31/13)
GROSS 0.58%
NET 0.58%

Performance (As of 3/31/15)
1 Year8.66%
3 Year11.09%
5 Year9.80%
10 Year8.93%
Morningstar (As of 3/31/15)
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 4/17/15As of 3/31/15As of 3/31/15As of 3/31/15
Inception: Sep 13, 1993
PRICE1 DAY
RETURN

YTD
1 YR3 YR5 YR10 YRSINCE
INCEPTION
Institutional Shares 
$32.13-0.53%2.23%8.66%11.09%9.80%8.93%10.22%8.66%11.09%9.80%8.93%10.22%8.66%37.08%59.60%135.30%713.71%
S&P 500® Index1.67%12.73%16.11%14.47%8.01%9.31%12.73%16.11%14.47%8.01%9.31%12.73%56.55%96.50%116.10%581.31%
Barclays U.S. Aggregate Bond Index2.09%5.72%3.10%4.41%4.93%5.66%5.72%3.10%4.41%4.93%5.66%5.72%9.60%24.10%61.74%227.30%
Balanced Index1.95%9.65%10.23%10.10%6.87%7.94%9.65%10.23%10.10%6.87%7.94%9.65%33.93%61.77%94.31%418.29%

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
Alpha1.410.54N/AN/A
Beta0.600.641.001.00
R-Squared (%)90.9691.81100.00100.00
Standard Deviation6.068.669.5912.97
Sharpe Ratio1.821.121.681.11
Information Ratio-1.19-0.88----

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

MORNINGSTAR PERCENTILEView Time Period:
As of 3/31/15As of 3/31/15
1 YR3 YR5 YR10 YRSINCE
INCEPTION
Percentile Ranking (%)1518272315182723
Moderate Allocation Category
Rank/Count
137 / 940154 / 849207 / 77212 / 6029 / 269137 / 940154 / 849207 / 77212 / 6029 / 269

CALENDAR YEAR PERFORMANCE

GROWTH OF A $10,000 HYPOTHETICAL INVESTMENT

UP AND DOWN MARKET CAPTURE

AS OF 3/31/153 YR UP MARKET
CAPTURE
3 YR DOWN MARKET
CAPTURE
5 YR UP MARKET
CAPTURE
5 YR DOWN MARKET
CAPTURE
Janus Aspen Balanced Portfolio63.02%57.87%62.11%61.85%
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%