Janus Funds

Posted By: Tink

Janus Funds - 07/28/04 07:11 PM

Has anyone heard anything about these significantly dropping in the recent past???? Someone mentioned something and I am totally lost.
Posted By: HappyGilmore

Re: Janus Funds - 07/28/04 07:20 PM

we include Janus in our 401(k) as an investment option. IN the calendar year 2002 they took a major hit, about 50%, but have steadily come back. Had an average increase of about 35% last year, and they are up about 10% so far this year. Granted, we only have 4 Janus funds as an option, and there are over 50 funds that they manage, so I can only speak for a small amount.
Posted By: Tink

Re: Janus Funds - 07/28/04 07:23 PM

Thanks for your response.
Posted By: Jokerman

Re: Janus Funds - 07/28/04 07:45 PM

Quote:

Has anyone heard anything about these significantly dropping in the recent past???? Someone mentioned something and I am totally lost.




Janus' reputation took a big hit during the bear market, as their funds suffered from more exposure than many other large mutual fund companies. Additionally, it was one of the companies targeted for allowing market-timing trades.
Posted By: Anonymous

Re: Janus Funds - 07/29/04 12:55 PM

our bank dropped the Janus Funds late last year as a fund for out 401Ks
Posted By: Tink

Re: Janus Funds - 07/29/04 12:58 PM

Thank you Jokerman and anon. I think I understand now what they are talking about.

Maybe if I got my mind off compliance a little more . . .