Janus Aspen Global Allocation Portfolio - Moderate (JMAPX)

Disciplined Global Allocation Seeking Risk-Adjusted Growth

SHARE CLASS

PORTFOLIO FACTS (JMAPX)

Inception Date8/31/2011
NAV (As of 5/22/15 )$12.55
Total Net Assets (As of 4/30/15)$12.09M
Annual Expense Ratio
(As of fiscal year end 12/31/14)
GROSS 1.80%
NET 1.02%

Performance (As of 3/31/15)
1 Year4.32%
3 Year8.00%
Since Inception9.81%
Morningstar (As of 4/30/15)
CategoryWorld Allocation
Equity
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Fixed Income
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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 5/1/16.

PERFORMANCE View Time Period:
As of 5/22/15As of 4/30/15As of 3/31/15As of 3/31/15
Inception: Aug 31, 2011
PRICE1 DAY
RETURN

YTD
1 YR3 YR5 YR10 YRSINCE
INCEPTION
Institutional Shares 
$12.55-0.24%3.98%5.00%8.42%N/AN/A9.85%4.32%8.00%N/AN/A9.81%4.32%25.98%N/AN/A39.86%
MSCI All Country World IndexSM6.75%7.46%12.24%9.58%6.98%12.07%5.42%10.75%8.99%6.44%11.47%5.42%35.84%53.83%86.59%47.51%
Global Moderate Allocation Index3.04%2.90%7.19%6.91%5.91%7.14%1.75%6.35%6.47%5.60%6.67%1.75%20.29%36.83%72.37%26.04%

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 5/1/16.

Annual Expense Ratio: Gross: 1.80% / Net: 1.02% View Fees and Expenses

RISK STATISTICS
VS. Global Moderate Allocation 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
Alpha1.96--N/AN/A
Beta0.88--1.001.00
R-Squared (%)93.33--100.00100.00
Standard Deviation6.63--7.249.80
Sharpe Ratio1.26--0.990.70
Information Ratio0.64------

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 4/30/15
1 YR3 YR5 YR10 YRSINCE
INCEPTION
Percentile Ranking (%)3134N/AN/A172732N/AN/A14
World Allocation Category
Rank/Count
177 / 567166 / 490N/A / N/AN/A / N/A75 / 436151 / 554153 / 485N/A / N/AN/A / N/A58 / 432

CALENDAR YEAR PERFORMANCE

GROWTH OF A $10,000 HYPOTHETICAL INVESTMENT

UP AND DOWN MARKET CAPTURE

AS OF 4/30/153 YR UP MARKET
CAPTURE
3 YR DOWN MARKET
CAPTURE
5 YR UP MARKET
CAPTURE
5 YR DOWN MARKET
CAPTURE
Janus Aspen Global Allocation Portfolio - Moderate97.44%80.30%----
Global Moderate Allocation 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 12/31/2014
INSTITUTIONAL SHARES
Management Fees0.05%
12b-1 FeesN/A
Other Expenses1.75%
Total Gross Expenses1.80%
Waivers-0.78%
TOTAL NET EXPENSES1.02%