Janus International Equity Fund (JAIEX)

Janus International Equity Fund (Ticker: JAIEX) is a foreign large blend stock mutual fund. This international stock fund invests in non-U.S. companies.

Janus International Equity Fund (Ticker: JAIEX)

The Janus International Equity Fund seeks long-term capital growth. It invests >80% of net assets in equity securities. It typically invests in 60 to 100 stocks from different countries located throughout the world, excluding the United States. It may invest in emerging markets and in foreign debt securities.

Fund Profile
    Janus International Equity Fund
  • Fund Inception Date: November 28, 2006
  • Ticker Symbol: JAIEX
  • CUSIP: 47103A559
  • Beta (3yr): 1.00
  • Rank in category (YTD): 19%
  • Category: Foreign Large Blend
  • Yield: 1.11%
  • Capital Gains: 0%
  • Expense Ratio: 1.22%
  • Net Assets: $ 225.74 million
  • Number of Years Up: 3 years
  • Number of Years Down: 2 years
  • Annual Turnover Rate: 77.00%
Updated on 10/11/2012

This Foreign Large Blend fund was first introduced to public in November 2006. It is managed by Guy Scott since June 2010. It has $226.74 million of total net assets. The fund charges management fee of 0.25%. It also has maximum sales charge of 5.75%. As of May 22, 2012, the portfolio turnover rate is 77%. The annual expense ratio is 1.22%.

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Ranked with 4-stars rating, this Janus International Equity Fund has YTD return of 11.95%. The best 1-year total return was recorded in 2009 with 51.56%. Based on the load adjusted returns, the fund has returned -16.14% over the past 1-year, 12.71% over the past 3-year and -1.14% over the past 5-year. The 3-year risk beta is 1.00. The fund’s benchmarks are MSCI EAFE Index and MSCI All Country World ex-US Index. The current shares price is $11.02.

The other classes of this international stock fund are Class C (JCIEX), Class I (JIIEX), Class R (JRIEX), Class S (JSIEX) and Class T (JAITX). You can buy this mutual fund with a minimum purchase of $2,500. There is no minimum subsequent investment needed. For retirement account, please check with your brokerage. This fund can be bought from JP Morgan, E Trade Financial, Scottrade Load, Td Ameritrade Inc, Ameriprise Brokerage, Raymond James, Firstrade, Wells Fargo Advisors MF Advisory, MSSB Retail Fund, etc.

As of April 2012, the top 10 holdings of this fund are Isuzu Motors Ltd (3.12%), Fanuc Corp (2.99%), Yamada Denki Co Ltd (2.93%), Mitsubishi Estate Co Ltd (2.89%), Prudential PLC (2.66%), Keyence Corp (2.62%),  Kuehne + Nagel International AG (2.53%), Reckitt Benckiser Group PLC (2.50%), Taiwan Semiconductor Manufacturing Co Ltd (2.57%) and Amec PLC (2.39%). The top industries are Commercial Banks Non-US (7.97%), Life/ Health Insurance (6.22%) and Oil Companies – Exploration & Production (5.20%).

According to the fund prospectus, the investment risks include: Foreign Exposure Risk, Emerging Markets Risk, Market Risk, Growth Securities Risk, Securities Lending Risk, etc.

Disclosure: No Position


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