Janus Aspen Forty Portfolio (JACAX)
High-Conviction Large-Cap Growth Equities

SHARE CLASS

PORTFOLIO FACTS (JACAX)

Inception Date5/1/1997
NAV (As of 4/17/15 )$43.46
Total Net Assets (As of 3/31/15)$821.93M
Annual Expense Ratio
(As of fiscal year end 12/31/13)
GROSS 0.55%
NET 0.55%

Performance (As of 3/31/15)
1 Year20.22%
3 Year16.98%
5 Year12.83%
10 Year10.40%
Morningstar (As of 3/31/15)
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.

Quarterly Commentary - Q1 2015

EXECUTIVE SUMMARY

U.S. equities climbed higher during the first quarter, driven by signs of an improving domestic economy, a strong U.S. consumer and a healthy merger and acquisition environment.

The Portfolio outperformed its benchmark during the quarter. Some of our biotech and pharmaceutical holdings were top contributors to performance.

We continue to be encouraged by economic expansion taking place in the U.S.

PORTFOLIO MANAGEMENT

Doug Rao

Portfolio Manager since 2013
Industry since 1994