Perkins International Value Fund (JIFDX)
Defensive International Value Equities

FUND SNAPSHOT (JIFDX)

Who Should Consider This Fund?

Investors looking to gain exposure to undervalued companies outside the U.S. but who prefer a defensive approach focused on minimizing losses while still participating in up markets.

Asset ClassGlobal/International
Share Class D
RISK TOLERANCE SPECTRUM
target risk 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 Date4/1/2013
NAV (As of 1/19/17)$9.84
Daily NAV Change$0.00
Daily NAV % Change0.00%
Total Net Assets (As of 12/31/16)$12.06M
Annual Expense Ratio
(As of fiscal year end 9/30/15)
GROSS 2.14%
NET 1.11%

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 Foreign Large Value
Overall Rating™
(Based on risk-adjusted returns)
272 Funds Rated
View all Ratings
Equity
Style Box
Performance (As of 12/31/16)
YTD (As of 1/19/17) 1.13%
1 Year 0.56%
3 Year -1.26%
Since Inception 2.73%

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 defensive international value fund seeks to provide attractive returns over a full market cycle by mitigating losses in down markets while participating in up markets. The strategy focuses on high-quality companies with strong balance sheets and stable earnings trading at attractive valuations.

Fund Overview

CALENDAR YEAR PERFORMANCE
Data as of 12/31/16. Index represents the MSCI EAFE® Index.

TOP HOLDINGS (% of Fund)

Sanofi 3.80
Novartis AG 3.21
BAE Systems PLC 3.20
Diageo PLC 2.98
Swedish Match AB 2.90
Hyundai Motor Co 2.47
Danone SA 2.44
Nestle SA 2.39
ABB Ltd 2.29
BP PLC (ADR) 2.26
TOTAL27.94

SECTOR ALLOCATION (%)

 FUNDINDEX
Industrials 23.30 14.00
Consumer Staples 18.50 11.17
Health Care 12.86 10.66
Consumer Discretionary 8.41 12.52
Telecommunication Services 7.89 4.51
Materials 5.98 7.90
Financials 5.50 21.17
Energy 4.71 5.47
Utilities 2.02 3.38
Real Estate 1.78 3.74
Information Technology 0.96 5.48
Cash & Equivalents 8.09 -

Why Invest in the Fund

PARTICIPATE AND MITIGATE

Our disciplined valuation process measures downside risk before upside potential and invests in companies with favorable reward/risk ratios. With this approach we seek to limit losses during market downturns and participate during up markets.

GO-ANYWHERE EQUITIES

The Fund has the flexibility and confidence to go anywhere outside the U.S. to find the best bargains. We seek high-quality companies in all non-U.S. markets across the market-cap spectrum.

RESULTS WITH HISTORICALLY LESS VOLATILITY

Focused on mitigating losses in down market conditions while participating in up markets, the Fund is designed to compound strong returns over a full market cycle with lower volatility than the index.

FUND MANAGEMENT

Gregory Kolb

Gregory Kolb, CFA

Fund Manager since 2013
Industry since 1998

 

George Maglares

Fund Manager since 2016
Industry since 2004