More Janus
Continuing with the Janus Mercury Fund:
Ticker Symbol: JAMRX
Initial Investment: $2,500...after that, minimum of $100
IRA Minimum Investment: $500...after, minimum of $100
Manager: Warren Lammert III
Inception:05/03/1993
Assets: $14.6 Billion
No Load
Expense ratio:0.97%
12b-1 Fee: 0
Portfolio Turnover: 73.0%
Janus Mercury Fund seeks long-term growth of capital. This fund invest mostly in common stocks and can do so in companies of any size. If the growth is there, this fund can invest. The investment style can be called bottom up, meaning that the manager will by into companies that have good earnings-growth potential. There is also the opportunity for the manager to invest in foreign companies.
This simply means aggressive, folks. Whenever you run across a fund that has 97% of its holdings in stocks, you have a recipe for volatility. And we know that risk can equate to greater gains...and sometimes greater losses. But not with this fund. This fund invest with the same roundtable approach, sharing information and analysis with other funds within the family. Recommended for younger investors who can stand the risk, or as part of a portfolio that needs a little chancier stake.
Here's how the holdings breakdown:
Utility...0 %
Energy...4.09%
Financials...4.73%
Industrial Cyclicals...7.26 %
Consumer Durables...0. %
Consumer Staples...1.7%
Service...28.75%
Retail...9.82%
Health...7.2 %
Technology...37.96 %
Top 10 Holdings:
Nokia | Amazon.com | AT & T | Enron | Time Warner | Tyco International | Cisco Systems | Comcast Corp | Medtronics | EMC Corp
Cash...1.88%
Stocks...97.79%
Bonds...0.33%
Other... 0%
Janus Olympus Fund:
Ticker Symbol: JAOLX
Initial Investment: $2,500...after that, minimum of $100
IRA Minimum Investment: $500...after, minimum of $100
Manager: Claire Young
Inception:12/29/1995
Assets: $6.43 Billion
No Load
Expense ratio:1.01%
12b-1 Fee: 0
Portfolio Turnover: 123%
Janus Olympus Fund seeks long-term growth of capital. This fund invest mostly in common stocks and does so in companies that have what they refer to as "unrecognized growth". There is also the opportunity for the manager to invest in foreign companies.
Another aggressive fund with a chart aimed straight at the stars. 91.48% of its holdings are in stocks, with a smattering of bonds and cash. Here's how the holdings breakdown:
Utility...0 %
Energy...0%
Financials...3.58%
Industrial Cyclicals...6.53 %
Consumer Durables...1.68 %
Consumer Staples...0%
Service...26.11%
Retail...16.00%
Health...5.71 %
Technology...40.38 %
Top 10 Holdings:
Nokia | Amazon.com | Sun Microsystems | AOL | Time Warner | Tiffany | Cisco Systems | Vodaphone Airtouch | Veritas Software | JDS Uniphase Cash...6.24%
Stocks...91.48%
Bonds...2.29%
Other... 0%
Janus Twenty Fund: (is currently closed to new investors
Ticker Symbol: JAVLX
Initial Investment: $2,500...after that, minimum of $100
IRA Minimum Investment: $500...after, minimum of $100
Manager: Scott Schoelzel
Inception:04/26/1985
Assets: $35.26 Billion
No Load
Expense ratio:.91%
12b-1 Fee: 0
Portfolio Turnover: 54%
Janus Twenty Fund seeks capital appreciation with an eye towards preservation. The fund invests in 20 to 30 common stocks of companies with good profit margins, earnings, and of course, growth. This fund is looking for solid. Solid financial positions and the prospect of solid future growth Here's how the holdings breakdown:
Utility...0 %
Energy...0%
Financials...8.05%
Industrial Cyclicals...4.63 %
Consumer Durables...1.67 %
Consumer Staples...0%
Service...20.65%
Retail...8.07%
Health...4.12 %
Technology...52.82 %
Top 10 Holdings:
Nokia | Dell | Sun Microsystems | AOL | Time Warner | Microsoft | Cisco Systems | General Electric | American International Group | Sprint Cash...15.79%
Stocks...82.64%
Bonds...1.58%
Other... 0%
Repeating myself...In no way is this a solicitation or a recommendation for you to buy any of these funds. Both my wife and myself own shares of the Janus Twenty fund and have for years.
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