INTECH U.S. Managed Volatility Fund (JRSDX)
Dynamic Beta for Managing Equity Volatility

FUND SNAPSHOT (JRSDX)

Who Should Consider This Fund?

Investors who seek large-cap core equity exposure with drawdown mitigation in any volatility environment and upside potential when markets are on the rise. The Fund adapts based on actual market volatility seeking to give investors a smoother ride through today’s changing volatility environments.

Asset ClassDomestic Equity
Share Class D
RISK TOLERANCE SPECTRUM
target risk moderate

Funds are placed on the risk tolerance spectrum to demonstrate the wide spectrum of risk levels among asset classes in which they are expected to typically invest. The spectrum is for informational purposes only, is not intended to be forward looking and is subject to change. 

Fund Facts
Inception Date12/30/2005
NAV (As of 1/19/17)$9.70
Daily NAV Change$-0.01
Daily NAV % Change-0.10%
Total Net Assets (As of 12/31/16)$519.89M
Annual Expense Ratio
(As of fiscal year end 6/30/16)
GROSS 0.83%
NET 0.83%

Net expense ratios reflect the expense waiver, if any, Janus Capital has contractually agreed to through 11/1/17.

Morningstar (As of 12/31/16)
CategoryUS Fund Large Blend
Overall Rating™
(Based on risk-adjusted returns)
1255 Funds Rated
View all Ratings
Equity
Style Box
Performance (As of 12/31/16)
YTD (As of 1/19/17) 1.46%
1 Year 7.95%
3 Year 6.74%
5 Year 13.76%
10 Year 5.69%

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.

Returns greater than one year are annualized.

Client Commitment

This long-only, large-cap core equity fund seeks smaller drawdowns and a smoother ride over time by balancing downside mitigation with upside participation for any market environment. The Fund employs a systematic “dynamic beta” investment approach designed to adjust to changing risk environments, seeking up to 40% less volatility than the Russell 1000® Index.

Client Commitment Video

Fund Overview

CALENDAR YEAR PERFORMANCE
Data as of 12/31/16. Index represents the Russell 1000® Index.

TOP HOLDINGS (% of Fund)

Altria Group Inc
American Water Works Co Inc
Digital Realty Trust Inc
General Mills Inc
NVIDIA Corp
Newmont Mining Corp
Republic Services Inc
Reynolds American Inc
Southern Co
Ulta Salon Cosmetics & Fragrance Inc
TOTAL 18.47

SECTOR ALLOCATION (%)

 FUNDINDEX
Consumer Staples 14.38 8.77
Financials 13.93 15.11
Utilities 13.64 3.10
Information Technology 12.86 20.17
Health Care 9.71 13.07
Industrials 8.81 10.55
Real Estate 8.35 3.68
Consumer Discretionary 6.76 12.46
Materials 4.13 3.22
Energy 3.92 7.28
Telecommunication Services 2.51 2.59
Cash & Equivalents 1.00 -

Why Invest in the Fund

DYNAMIC BETA POSITIONING

As risk in the market increases, the portfolio shifts to take a more defensive posture, targeting a lower beta than the index. When risk levels decrease, the portfolio migrates to a more market-like stance, targeting a higher beta, allowing for the full potential to benefit from the upward trend in the market.

25+ YEARS OF VOLATILITY RESEARCH

INTECH’s dedicated volatility management team, with over 25 years experience, is comprised of experts who have dedicated their life’s work, academic research and careers to developing this disciplined, repeatable and unemotional process based on the sole input of volatility.

FOCUS ON RISK-ADJUSTED RETURN

Our process is designed to construct a portfolio of long-only, large-cap stocks with the highest return potential and lowest risk. By seeking a smoother ride, the fund may help investors maintain equity market exposure and have the opportunity to build more wealth over time.