Janus Global Real Estate Fund Celebrates Third Anniversary
DENVER--([ BUSINESS WIRE ])--Janus Capital Group Inc. (NYSE: JNS) announced the three-year anniversary of Janus Global Real Estate Fund Class I Shares (JERIX). The fund, which was launched on November 28, 2007, is ranked in the top 2% of its Lipper peer group since inception based on total returns.
"We launched Janus Global Real Estate Fund because real estate related securities have historically had low correlations with equity and fixed income investments"
Janus Global Real Estate Fund, which is managed by Patrick Brophy, focuses on real estate related companies that the portfolio manager believes have solid financials, quality management teams and holdings in prime locations.
aWe launched Janus Global Real Estate Fund because real estate related securities have historically had low correlations with equity and fixed income investments,a said Janus Co-Chief Investment Officer Jonathan Coleman. aPat has delivered strong relative returns in a very challenging market environment and we believe this fund is a compelling option for our clients.a
Class I Shares of Janus Global Real Estate Fund earned a five-star Overall Morningstar Ratinga" out of 133 global real estate funds as of November 30, 2010, based on risk-adjusted returns. As of that same date, the fund ranked in the top 9% (9 of 99 funds), 2% (1 of 71 funds) and 2% (1 of 71 funds) of Lipper global real estate funds on a one-year, three-year and since-inception basis, respectively.
aLike most other industries, real estate is becoming increasingly global. Janus has been investing in international markets for years and we see significant benefits from leveraging Janus' global research platform in the real estate space,a said Brophy. aWe believe the research teama™s familiarity with markets, economies, companies and management teams outside the U.S. will allow us to continue to uncover the best real estate investment opportunities around the world.a
About Janus Capital Group Inc.
Janus Capital Group Inc. (JCG) is a global investment firm offering strategies from three individual investment boutiques: Janus Capital Management LLC (Janus), INTECH Investment Management LLC (INTECH) and Perkins Investment Management LLC (Perkins). Each manager employs a research-intensive approach that is distinct within its respective asset class. This multi-boutique approach enables the firm to provide style-specific expertise across an array of strategies, including growth, value and risk-managed equities, fixed income and alternatives through one common distribution platform.
At the end of September 2010, JCG managed $160.8 billion in assets for shareholders, clients and institutions around the globe. Based in Denver, JCG also has offices in London, Milan, Munich, Singapore, Hong Kong, Tokyo and Melbourne.
Please consider the charges, risks, expenses and investment objectives carefully before investing. For a prospectus containing this and other information, please call Janus at 877.33JANUS (52687) or download the file from janus.com/info. Read it carefully before you invest or send money.
Data presented reflects past performance, which is no guarantee of future results. Investment results and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility, current performance may be higher or lower than the performance shown. Call 877.33JANUS (52687) or visit janus.com/advisor/mutual-funds for performance current to the most recent month-end.
The Fund's performance may be affected by risks that include those associated with nondiversification, non-investment grade debt securities, high-yield/high-risk securities, undervalued or overlooked companies, investments in specific industries or countries and potential conflicts of interest. Additional risks to the Fund(s) may include those associated with investing in foreign securities, emerging markets, initial public offerings, real estate investment trusts (REITs), derivatives, short sales and companies with relatively small market capitalizations. Please see a Janus prospectus for more information about risk, Fund holdings and other details.
Foreign securities have additional risks including exchange rate changes, political and economic upheaval, the relative lack of information, relatively low market liquidity and the potential lack of strict financial and accounting controls and standards. These risks are magnified in emerging markets. The prices of foreign securities held by the fund, and therefore a fund's performance, may decline in response to such risks.
Funds that invest in Real Estate Investment Trusts (REITs) may be subject to a higher degree of market risk because of concentration in a specific industry, sector or geographic region. REITs may be subject to risks including, but not limited to: legal, political, liquidity, interest rate risks, a decline in the value of real estate, risks related to economic conditions, changes in the value of the underlying property owned by the trust and defaults by borrowers. To the extent the Funds invest in foreign REITs, the Funds may be subject to fluctuations in currency rates or political or economic conditions in a particular country.
The Fund will normally invest at least 80% of its net assets, measured at the time of purchase, in the type of securities described by its name.
Performance analysis shown is for the Funda™s initial share class. Class I shares are not eligible for purchase by all investors. Other share classes may have higher sales and management fees, which can result in differences in performance, ratings and rankings.
Ratings and rankings may be based, in part, on the performance of a predecessor fund or share class and are calculated by Morningstar using a performance calculation methodology that differs from that used by Janus. Differences in the methodologiesmay lead to variances in calculating total performance returns, in some cases this variance may be significant, thereby potentially affecting the rating/ranking of the Fund.
Lipper, a wholly-owned subsidiary of Thomson Reuters, provides independent insight on global collective investments including mutual funds, retirement funds, hedge funds, fund fees and expenses to the asset management and media communities. Lipper ranks the performance of mutual funds within a classification of funds that have similar investment objectives. Rankings are historical with capital gains and dividends reinvested and do not include the effect of loads. It may be based, in part, on the performance of a predecessor fund.
For each fund with at least a three-year history, Morningstar calculates a Morningstar Ratinga" based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of the funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. The Morningstar Ratinga" may differ among share classes of a mutual fund as a result of different sales loads and/or expense structures. It may be based, in part, on the performance of a predecessor Fund.
Ratings and Rankings are for the share class shown only; other classes may have different performance characteristics.
©2010 Morningstar, Inc. All Rights Reserved.
Funds distributed by Janus Distributors LLC (12/10)