INTECH US Core Fund All data as at 31 March 2015 www.janusinternational.com
A Share US Equities
Alpha seeking index alternative INTECH believes it can add value using natural stock price volatility through a mathematically based, risk-managed process. The firm does not pick individual stocks or forecast alphas, but uses natural stock price volatility and correlation characteristics to attempt to generate an excess return. Essentially, INTECH adjusts the cap weights of an index portfolio to potentially more efficient combinations.
Annualized Performance (%)
Key points • Aims to outperform the S&P 500 Index, while reducing the risk of significant underperformance • Potential source of alpha with benchmark-like risk • Unemotional Investing - portfolios are re-balanced as part of the mathematical investment process
Since Inception
1 Yr A$acc share class A€acc(hgd) share class Benchmark Index Category Average A$acc Percentile ranking A $acc
12.85 12.36 12.73 9.93 19
3 Yrs 15.59 14.91 16.11 13.61 20
5 Yrs 10 Yrs 2014 13.92 12.97 14.47 11.61 12
6.85 5.55 8.01 5.89 31
11.94 11.80 13.69 10.74 44
2013
2012
32.21 31.45 32.39 31.19 36
12.91 11.96 16.00 12.72 53
2011 3.00 1.75 2.11 -2.40 6
2010 A$acc 14.10 12.64 15.06 11.34 24
A €acc(h gd) 9.10 8.15 9.44 9.68 8.13 -
Cumulative Performance (%) Since Inception
A$acc share class A€acc(hgd) share class Benchmark Index Percentile ranking A $acc
1M
3M
YTD
1 Yr
3 Yrs
5 Yrs
10 Yrs
-0.84 -1.01 -1.58 24
2.58 2.21 0.95 11
2.58 2.21 0.95 11
12.85 12.36 12.73 19
54.45 51.73 56.55 20
91.86 83.96 96.50 12
93.96 71.56 116.10 31
A$acc
A €acc(hgd) 182.80 154.60 193.71 201.32 -
Five year discrete annualized performance (%)
A$acc share class A€acc(hgd) share class Benchmark Index
31/03/13 31/03/14 21.47 20.98 21.86
31/03/12 31/03/13 12.67 11.62 13.96
31/03/11 31/03/12 6.83 5.34 8.54
31/03/10 31/03/11 16.28 15.10 15.65
31/03/09 31/03/10 43.95 42.53 49.77
• Investment Risk • Proprietary Trading Model Risk • Concentration of Investments
Fund Facts Portfolio Manager Tenure on Fund Base Currency Domicile Benchmark Index Category Fund Size (US$ million) (in EUR) Dealing Launch Date NAV ISIN SEDOL Bloomberg Morningstar overall rating
INTECH 25 Apr 2003 USD Ireland S&P 500 TR USD US Large-Cap Blend Equity $163.3 €118.4 Daily A$acc
A€acc(hgd)
25 Apr 2003 $28.28
25 Apr 2003 €25.46
IE0032746863
IE0032746970
B2NF4K3
B1DL039
JANRMAD
JANRMAE
QQQQ
QQQQ
Risk Characteristics † Alpha Beta R-squared Standard Deviation Tracking error Sharpe Ratio Information ratio
Cumulative Return (%) 108 96 84 72
A$acc Benchmark Index 0.11 0.96 94.85 9.48 9.59 2.18 1.58 1.61 -0.24 -
Fund Characteristics
60
Total Number of Holdings Portfolio Turnover Rate Weighted Avg. Market Cap (US$ b) (€ b) Median Market Cap (US$ b) (€ b) Active share
48 36 24 12
INTECH US Core Fund
0
2011
2012
2013
2014
rate. ◊‡Source: Janus.
2015
Past performance is no guarantee of future results. Source: Morningstar. Basis: total returns, NAV to NAV in USD, with income reinvested. Copyright © 2015 Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers;(2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. No Morningstar rating is shown if the fund is less than three years old or rating is below 3 stars. Effective 1st December 2011, INTECH US Risk Managed Core Fund has been changed to INTECH US Core Fund. The investment objective and policy of the Fund remain unchanged. FOR PROFESSIONAL USE ONLY
A JANUS CAPITAL Group Company
186 134.58% $46.9 €34.0 $22.0 €16.0 72.68
†Source: Morningstar. Three years trailing using Citigroup 3-month T-Bill as the risk free
S&P 500 TR USD
-12 2010
Key risks
INTECH US Core Fund
All data as at 31 March 2015
Top 10 Holdings (%) AmerisourceBergen Corp. Anthem, Inc. CME Group, Inc. CVS Caremark Corp. Facebook, Inc. - Class A Home Depot, Inc. Lockheed Martin Corp. Norfolk Southern Corp. Southwest Airlines Co. Union Pacific Corp. Total
18.4
Sector Breakdown (%) Consumer Discretionary Health Care Financials Industrials Information Technology Consumer Staples Utilities Materials Telecommunications Services Cash & Equivalents
Sector weighting Over/underweights vs Index (%) 18.00 16.79 16.10 15.55 15.14 8.10 5.88 2.53 1.30 0.59
Market Capitalization (%) US$100 billion and above US$25 to < $100 billion US$15 to < $25 billion US$2 to < $15 billion
Consumer Discretionary Health Care Financials Industrials Information Technology Consumer Staples Utilities Materials Telecommunications Services Energy
5.40 1.86 -0.11 5.18 -4.54 -1.59 2.84 -0.63 -0.98 -8.04
-100
-50
0
50
100
Asset Allocation (%) 10.97 43.13 24.65 20.66
US Common Stock Cash & Equivalents
99.41 0.59
Source: Janus
Important Information Issued by Janus Capital International Limited, authorised and regulated by the U.K. Financial Conduct Authority and by the Dubai Financial Services Authority as a Representative Office. Janus Capital Funds Plc is a UCITS established under Irish law, with segregated liability between funds. Shares of the JCF Funds (the “Funds”) may not be directly or indirectly offered or sold to U.S. Persons and may not be offered or sold in any jurisdiction where such offering or sale is prohibited. For the definition of U.S. Person, see the current Fund prospectus, a copy of which, along with the relevant Key Investor Information Document (KIID), can be found at www.janus.com/nra-channel-us-offshore. The Funds have been authorized for public sale in certain jurisdictions and private placement exemptions may be available in others. A list of those countries in which JCF shares are registered for public distribution is available at www.janus.com/nrachannel-us-offshore. Please contact your Janus representative if you are unsure of the availability of the Funds in your client’s jurisdiction. It is the responsibility of any persons wishing to distribute and/or purchase shares of the Funds to comply with all applicable laws and regulations of any jurisdiction in which Fund shares or any related literature, will be distributed or purchased. This document is intended to be of general interest only and does not constitute legal, tax or investment advice nor is it an offer or solicitation to purchase shares of the Funds, and may not comply with all local laws applicable to marketing materials. An investment in a Fund entails risks, which are described in a Fund’s prospectus and KIID. Financial advisers are responsible for determining whether an investment in the Funds, and which share class, is suitable for their clients. The value of shares of a Fund and income received from it can go down as well as up, and investors may not get back the full amount invested. Past performance is not an indicator or a guarantee of future performance. An investment in the Funds is not FDIC insured, may lose value, and is not bank-guaranteed. Janus Capital Management LLC, Janus Capital Singapore Limited, INTECH Investment Management LLC and Perkins Investment Management LLC will act as sub-adviser to Janus Capital International Limited. FOR PROFESSIONAL USE ONLY. AS-0414(6-T)0415 NRA Inst
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US Equities
