Janus Asia Equity Fund (JAQDX)
All-Cap Asia Ex-Japan Equities

FUND SNAPSHOT (JAQDX)

Who Should Consider This Fund?

Investors looking to gain emerging and developed Asian country exposure, excluding Japan, supported by Janus’ bottom-up research and expertise.

Asset ClassGlobal/International
Share Class D
RISK TOLERANCE SPECTRUM
target risk very aggressive

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 Date7/29/2011
NAV (As of 1/19/17)$9.30
Daily NAV Change$-0.03
Daily NAV % Change-0.32%
Total Net Assets (As of 12/31/16)$9.67M
Annual Expense Ratio
(As of fiscal year end 9/30/15)
GROSS 2.75%
NET 1.24%

Net expense ratios reflect the expense waiver, if any, Janus Capital has contractually agreed to through 2/1/17.

Morningstar (As of 12/31/16)
CategoryUS Fund Pacific/Asia ex-Japan Stk
Overall Rating™
(Based on risk-adjusted returns)
67 Funds Rated
View all Ratings
Equity
Style Box
Performance (As of 12/31/16)
YTD (As of 1/19/17) 4.73%
1 Year 6.50%
3 Year 2.12%
5 Year 6.13%
Since Inception 1.02%

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

All-cap, Asia ex-Japan fund seeks excess returns on a sustainable basis and in a risk-aware framework. Asian equity markets are often characterized by secular economic growth, high volatility and pronounced earnings cycles. We believe our quality Growth At A Reasonable Price (GARP) approach is well suited to this asset class as we seek to invest in companies with earnings growth potential and valuations not fully recognized by the market.

Fund Overview

CALENDAR YEAR PERFORMANCE
Data as of 12/31/16. Index represents the MSCI All Country Asia ex-Japan Index.

TOP HOLDINGS (% of Fund)

Taiwan Semiconductor Manufacturing Co Ltd 5.56
Samsung Electronics Co Ltd 4.58
Tencent Holdings Ltd 4.39
Alibaba Group Holding Ltd (ADR) 3.85
SK Hynix Inc 3.00
Chongqing Changan Automobile Co Ltd 2.46
China Mobile Ltd 2.17
China Construction Bank Corp 2.12
Ping An Insurance Group Co of China Ltd 2.11
AIA Group Ltd 2.08
TOTAL32.32

SECTOR ALLOCATION (%)

 FUNDINDEX
Information Technology 33.57 27.48
Financials 23.49 23.97
Consumer Discretionary 9.89 9.61
Real Estate 6.00 5.81
Industrials 5.09 7.82
Energy 4.08 4.48
Telecommunication Services 3.70 5.45
Utilities 3.34 3.52
Materials 3.10 4.54
Health Care 3.00 2.38
Consumer Staples 1.07 4.94
Cash & Equivalents 3.67 -

Why Invest in the Fund

ALL-CAP, ASIA
EX-JAPAN

All-cap, Asia ex-Japan fund seeking excess returns on a sustainable basis and in a risk-aware framework.

GROWTH AT A REASONABLE PRICE (GARP)

Asian equity markets are often characterized by secular economic growth, high volatility and pronounced earnings cycles. We believe our quality GARP approach is well suited to this asset class as we seek to invest in companies with earnings growth potential and valuations not fully recognized by the market.

JANUS SINGAPORE-BASED TEAM

Asia-based investment professionals are integrated with Janus’ global sector teams.

FUND MANAGEMENT

Hiroshi Yoh

Hiroshi Yoh

Fund Manager since 2011
Industry since 1989