Janus Aspen Janus Portfolio (JAGRX)
Traditional Large-Cap Growth Equities

SHARE CLASS

PORTFOLIO FACTS (JAGRX)

Inception Date9/13/1993
NAV (As of 3/27/15 )$37.93
Total Net Assets (As of 2/28/15)$627.84M
Annual Expense Ratio
(As of fiscal year end 12/31/13)
GROSS 0.54%
NET 0.54%

Performance (As of 12/31/14)
1 Year12.99%
3 Year20.43%
5 Year13.63%
10 Year7.60%
Morningstar (As of 2/28/15)
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 - Q4 2014

EXECUTIVE SUMMARY

A strengthening U.S. economy drove equity indices higher during the quarter.

The Portfolio outperformed its benchmark during the period.

With market valuations near the higher end of historical averages, we expect earnings growth to be needed to drive further stock price appreciation.

PORTFOLIO MANAGEMENT

Barney Wilson

Portfolio Manager since 2011
Industry since 1997