Janus Launches Janus Global Bond Fund and Janus Emerging Markets Fund
DENVER--([ BUSINESS WIRE ])--Janus Capital Group Inc. (NYSE: JNS) today announced the launch of Janus Global Bond Fund and Janus Emerging Markets Fund. The new funds will leverage Janusa™ long history of investing in global markets and represent the firma™s first stand-alone strategies in the global credit and emerging market equity categories.
"With our credit-oriented approach, we're looking for companies that are going through a positive fundamental transformation of their capital structure, and thus present the best risk/reward opportunities for our clients."
Janus Global Bond Fund was launched on December 28, 2010. The Fund, which is co-managed by portfolio managers Gibson Smith and Darrell Watters, will utilize afundamentally driven process focused on credit-oriented investments around the world. The primary benchmark for Janus Global Bond Fund is Barclays Capital Global Aggregate Bond Index. Smith, who also serves as Janusa™ Co-CIO and head of fixed income, says this Fund is a natural extension of Janusa™ credit-driven approach to fixed income investing and will offer an alternative to many of the macro-driven strategies that dominate the global fixed-income marketplace.
aOur global bond fund extends the same bottom-up research process that we have used for more than two decades here in the U.S. to the European and Asian markets,a said Smith. aWith our credit-oriented approach, we're looking for companies that are going through a positive fundamental transformation of their capital structure, and thus present the best risk/reward opportunities for our clients.a
Janus Emerging Markets Fund, also launched on December 28, 2010, will invest in emerging market securities and will be benchmarked to the MSCI Emerging Markets Index. Jonathan Coleman, who serves as Janusa™ Co-CIO and head of equity, believes that Janusa™ significant investment experience in emerging markets could provide an advantage in a rapidly changing world.
aWe have been investing in emerging markets in our diversified equity funds for more than a decade and we think there continues to be a multitude of potential long-term investment opportunities going forward. We believe our wealth of experience in this area gives us a distinct advantage and that this fund could be an attractive option for investors,a Coleman said.
The Fund is managed by co-portfolio managers Wahid Chammas and Matt Hochstetler. Chammas, who also serves as co-portfolio manager of Janus Europe Fund, is based in London. He also is an equity analyst at Janus, focused on stocks in the leisure and tobacco industries since 2005. Hochstetler, who also joined the firm in 2005, also is an equity analyst, focused on emerging markets with an emphasis on Latin America.
The portfolio managers will invest in securities of issuers in emerging market countries including, but not limited to, those that are primarily listed on the trading market of an emerging market country or are incorporated or have their principal business activities in an emerging market country. They seek quality companies with sustainable competitive advantages and high or improving returns on capital.
For more information, please visit [ www.janus.com ]
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 or, if available, a summary prospectus containing this and other information, please call Janus at 877.33JANUS (52687) (or 800.525.3713 if you hold shares directly with Janus Capital). You can also visit janus.com/info (or janus.com/reports if you hold shares directly with Janus Capital). Read it carefully before you invest or send money.
There is no assurance that the investment process will consistently lead to successful investing.
There is no assurance the stated objective(s) will be met.
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.
In general, emerging market investments have historically been subject to significant gains and/or losses. As such, each Fund's returns and NAV may be subject to volatility.
Funds that invest in bonds have the same interest rate, inflation, and credit risks that are associated with the underlying bonds owned by the fund. Unlike owning individual bonds, there are ongoing fees and expenses associated with owning shares of bond funds. The return of principal is not guaranteed due to net asset value fluctuation that is caused by changes in the price of specific bonds held in the fund and selling of bonds within the fund by the portfolio manager(s).
High-yield/high-risk bonds, also known as "junk" bonds, involve a greater risk of default and price volatility than U.S. Government and other high quality bonds.
Sovereign debt securities are subject to the additional risk that, under some political, diplomatic, social or economic circumstances, some developing countries that issue lower quality debt securities may be unable or unwilling to make principal or interest payments as they come due.
Funds distributed by Janus Distributors LLC (01/11)