DENVER--([ BUSINESS WIRE ])--Janus Capital Group Inc. (NYSE: JNS) today announced the launch of three new products: INTECH Global Dividend Fund, Janus Protected Series a" Global and Perkins Select Value Fund, all effective December 15, 2011. While each product offers investors a different investment objective, collectively the new products are intended to help address investorsa needs related to managing market volatility and retirement income.
"We are thrilled to have the opportunity to partner with Janus to offer another innovative open-ended product that combines active management with risk-management principles to preserve capital and seek global growth."
INTECH Global Dividend Fund
The INTECH Global Dividend Fund is designed for investors in search of long-term growth of capital and monthly income beyond traditional fixed income investments. INTECH will use the same risk-managed investment process it has been implementing for nearly a quarter century which focuses on alpha capture by selecting stocks with unique volatility characteristics and low correlations to one another, with an added consideration of maximizing dividend yield.
aWe believe there is significant client demand for products that provide monthly income, especially from asset classes that have not historically been leveraged as income sources,a said Jennifer Young, CFA, INTECH president and Co-CEO. aOur research has shown that applying INTECHas process to a broad-based global index as opposed to regionally constrained sources provides a greater opportunity for higher yields and diversification.a
Janus Protected Series a" Global
Janus Protected Series a" Global allows investors to participate in the global equity markets with a level of downside protection using a risk allocation methodology through a Capital Protection Agreement where BNP Paribas provides capital protection. The fund combines the active stock picking expertise of Janus with capital protection provided by BNP Paribas. It has a protection feature, the Protected NAV, that rises as the NAV of the fund rises but doesnat fall when the NAV declines (except for reductions related to dividends, distributions, certain extraordinary items and any extraordinary expenses). The fund allocates primarily between global equities and a protection component (consisting of cash, cash equivalents, treasuries and derivatives) based on day-to-day market volatility. If the NAV per share for any share class is less than the protected NAV, the fund would liquidate. There is no guarantee that the investment techniques used by the fundas portfolio manager and the risk allocation methodology agreed to with the capital protection provider will produce the desired results. The allocation process can result in the fund underperforming or lagging its benchmark or similarly managed funds during rising markets. Janus Protected Series a" Global is managed by Jonathan Coleman who also manages Janus Protected Series a" Growth and serves as Co-Chief Investment Officer, Equities, of Janus Capital Management.
aInvestors are seeking solutions to manage market volatility,a Coleman said. aThe Protected platform series is an effective way for investors to participate in the global stock market while reducing the impact of significant market swings in their portfolio.a
aWeave been encouraged by the marketplace response for Janus Protected Series a" Growth,a said Edward Speal, BNP Paribasa Head of Global Equities and Commodity Derivatives for the Americas. aWe are thrilled to have the opportunity to partner with Janus to offer another innovative open-ended product that combines active management with risk-management principles to preserve capital and seek global growth.a
Perkins Select Value Fund
Perkins Select Value Fund seeks capital appreciation unconstrained by market cap. Utilizing the same downside risk-focused investment process Perkins is known for, the Perkins Select Value Fund has the flexibility to select securities among market caps based on both market conditions and valuation. The fund is co-managed by Bob Perkins, founder of Perkins Investment Management and co-portfolio manager of the Perkins Small Cap Value strategy and Kevin Preloger, co-portfolio manager of the Perkins Large Cap Value strategy.
aWe believe investors want a fund that can provide exposure to small, mid and large cap value companies from a manager that is focused on minimizing downside exposure,a said Perkins. aWe designed the Perkins Select Value Fund as a best ideas portfolio that leverages the firmas investing expertise in small, mid and large U.S. equities.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 2011, JCG managed $141.0 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.
About BNP Paribas
BNP Paribas ([ www.bnpparibas.com ]) is among the strongest banks in the world*. The Group has a presence in more than 80 countries and more than 200,000 employees, including more than 160,000 in Europe. It ranks highly in its three core activities: Retail Banking, Investment Solutions and Corporate & Investment Banking. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the leader in consumer lending. BNP Paribas is rolling out its integrated retail banking model across the Europe-Mediterranean zone and boasts a large network in the western part of the United States. In its Corporate & Investment Banking and Investment Solutions activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas and solid and fast-growing businesses in Asia.
* Rated AA- by Standard & Poor's i.e. 4th rating level on a scale of 22. Rating is subject to change.
About INTECH
Headed by Chairman and Co-Chief Executive Officer Robert A. Garvy, INTECH was founded in 1987 following research undertaken by Dr. E. Robert Fernholz, the companyas Co-Chief Investment Officer, and the publication of his paper in 1982 on mathematical investment processes titled aStochastic Portfolio Theory and Stock Market Equilibrium.a The companyas global headquarters is located in West Palm Beach, Florida, and has offices in Princeton, New Jersey, and London, England. As of September 30, 2011, INTECH had approximately $38 billion under management and 85 employees. INTECH is an indirect subsidiary of Janus Capital Group Inc., and serves as the sub-adviser on certain products.
About Perkins Investment Management LLC
With over 30 years of history and experience, Perkins Investment Management LLC (Perkins) is a respected value equity manager with $17.0 billion in assets as of September 30, 2011. The firm uses a bottom-up approach to build diversified portfolios of what it believes to be high quality, undervalued stocks with favorable reward-to-risk characteristics. Perkins believes that rigorous downside analysis conducted prior to determination of upside potential helps to mitigate losses during difficult markets and compound value over time. Perkins is an indirect subsidiary of Janus Capital Group.
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 1-877-335-2687 or download the file from janus.com. Read it carefully before you invest or send money.
Janus Protected Series-Global is not a capital guaranteed or insured fund. As with all investments, there are inherent risks when investing in the Fund including, but not limited to, allocation risk, maximum settlement amount risk, turnoverrisk, liquidation risk, opportunity cost risk,capital protection termination risk, underperformance risk and counterparty risk, each as disclosed in the Fundas Prospectuses. The protection feature is subject to various conditions and the financial payment capabilities of BNP Paribas.See the Fundas Prospectus for further 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.
The proprietary mathematical process used by INTECH may not achieve the desired results. Since the Fund's portfolio is periodically re-balanced, this may result in a higher portfolio turnover rate, higher expenses andpotentiallyhigher net taxable gains or losses compared to a "buy and hold" or index fund strategy.
Because different types of stocks tend to shift in and out of favor depending on market conditions, "value" stocks may underperform.
Funds distributed by Janus Distributors LLC (12/11)