Janus Forty Fund (JFRDX)
High-Conviction Large-Cap Growth Equities

FUND SNAPSHOT (JFRDX)

Who Should Consider This Fund?

Investors looking for a concentrated strategy that offers exposure to a fewer number of stocks. The Fund leverages Janus' research capabilities to invest in companies where there is high conviction in long-term growth opportunities.

Asset ClassDomestic Equity
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 Date5/1/1997
NAV (As of 5/26/17)$30.30
Daily NAV Change$0.01
Daily NAV % Change0.03%
Total Net Assets (As of 4/30/17)$2.21B
Annual Expense Ratio
(Estimated)
GROSS 0.85%
NET 0.85%

Net expense ratios reflect the expense waiver, if any, Janus Capital has contractually agreed to through 2/1/19.

Morningstar (As of 4/30/17)
CategoryUS Fund Large Growth
Overall Rating™
(Based on risk-adjusted returns)
1301 Funds Rated
View all Ratings
Equity
Style Box
Performance (As of 3/31/17)
YTD (As of 5/26/17) 17.18%
1 Year 16.70%
3 Year 11.96%
5 Year 13.18%
10 Year 8.75%

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

Concentrated large cap growth fund, leveraging Janus' three decades of experience in high-conviction investing. By investing in our best wide-moat ideas, the Fund seeks to add excess returns over the long-term. Given its concentrated nature, the Fund may exhibit moderately higher volatility than its benchmark.

Fund Overview

CALENDAR YEAR PERFORMANCE
Data as of 4/30/17. Index represents the Russell 1000® Growth Index.

TOP HOLDINGS (% of Fund)

Alphabet Inc 5.78
Microsoft Corp 5.53
Activision Blizzard Inc 4.50
Mastercard Inc 4.37
salesforce.com Inc 4.23
TOTAL24.41

SECTOR ALLOCATION (%)

 FUNDINDEX
Information Technology 40.92 32.95
Health Care 20.56 15.95
Consumer Discretionary 14.53 21.02
Financials 9.10 2.77
Industrials 8.01 10.59
Consumer Staples 2.59 8.98
Materials 2.48 3.55
Real Estate 1.47 2.73
Cash & Equivalents 0.34 -

Why Invest in the Fund

HIGH CONVICTION APPROACH

Fundamental research driven approach, investing with conviction in 30 to 40 of our best large cap growth ideas where we believe we have a differentiated view from the market.

INNOVATIVE WIDE-MOAT COMPANIES

Seeks companies with sustainable competitive advantages that capitalize on their competitive moat to grow market share globally over a multi-year period. Emphasizes dominant companies driving innovation and change through disruptive technologies, products or business models.


STOCK SELECTION DRIVES RETURN

Stock-picker's fund designed to deliver long-term growth of capital with a high conviction approach. Seeks to use risk wisely, leveraging our best ideas in a concentrated portfolio to drive potential outperformance of the index over time.

FUND MANAGEMENT

Doug Rao

Doug Rao

Fund Manager since 2013
Industry since 1998

Nick Schommer

Nick Schommer, CFA

Fund Manager since 2016
Industry since 2007