Janus Overseas Fund Portfolio Manager Named 2010 Morningstar International-Stock Fund Manager of the Year

Company Release - 1/5/2011 2:08 PM ET

DENVER--(BUSINESS WIRE)-- Janus Capital Group Inc. (NYSE: JNS) today announced that Morningstar has named Brent Lynn its 2010 International-Stock Fund Manager of the Year.

Brent and the Janus team have delivered an average annual return of 18.96% since he became sole manager of the fund on June 19, 2003 (as of 12/31/10). The Morningstar Fund Manager of the Year award recognizes portfolio managers who demonstrate excellent investment skill and the courage to differ from the consensus to benefit investors. To qualify for the award, managers’ funds must have not only posted impressive returns for the year, but the managers also must have a record of delivering outstanding long-term performance and of aligning their interests with shareholders’. The Fund Manager of the Year award winners are chosen based on Morningstar’s proprietary research and in-depth evaluation by its fund analysts. See Morningstar press release.

“During his 20 years with Janus, Brent has distinguished himself as one of the premier investors in the industry and we congratulate him on this prestigious award,” said Jonathan Coleman, Co-CIO. “Brent epitomizes what we strive for at Janus. His close collaboration with the research team and his unwavering commitment to his shareholders has generated strong returns over the long term.”

“This award reflects the hard work and dedication of the entire Janus research team and it’s an honor to receive this recognition from Morningstar,” said Lynn.

 

Janus Overseas Fund – T Shares Average Annual Returns as of
12/31/2010

1-year

3-years

5-years 10-years
19.28% 0.13% 13.56% 9.03%
 

The Fund’s annual expense ratio as of the Fund's fiscal year-end was 0.95%.

Data presented reflects past performance, which is no guarantee of future results. Investment results and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility, current performance may be higher or lower than the performance shown. Call 877.33JANUS (52687) or visit janus.com/advisor/mutual-funds for performance current to the most recent month-end.

A 2% redemption fee may be imposed on shares held for 90 days or less. Performance shown does not reflect this redemption fee and, if reflected, performance would have been lower.

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 2010, JCG managed $160.8 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.

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 877.33JANUS (52687) or download the file from janus.com/info. Read it carefully before you invest or send money.

Janus Capital has contractually agreed to waive the Fund’s total operating expenses allocated to Class T Shares (excluding any performance adjustments to management fees, administrative fees payable pursuant to the Transfer Agency Agreement, brokerage commissions, interest, dividends, taxes, and extraordinary expenses including, but not limited to, acquired fund fees and expenses) to certain limits until at least 2/16/11. The contractual waiver may be terminated at any time prior to this date only at the discretion of the Board of Trustees. Returns shown include fee waivers, if any, and without such waivers returns would have been lower.

Effective 2/16/10, the Fund's Class J Shares were renamed Class T Shares.

Expense information shown reflects estimated annualized expenses that the Fund share class expects to incur during their fiscal year. Contractual waivers agreed to by Janus Capital, where applicable, are included under “Net Annual Fund Operating Expenses.” (All expenses are shown without the effect of expense offset arrangements. Pursuant to such arrangements, credits realized as a result of uninvested cash balances are used to reduce custodian and transfer agent expenses.)

Returns include reinvestment of dividends and capital gains.

Established in 1988, the Morningstar Fund Manager of the Year award recognizes portfolio managers who demonstrate excellent investment skill and the courage to differ from the consensus to benefit investors. To qualify for the award, managers’ funds must have not only posted impressive returns for the year, but the managers also must have a record of delivering outstanding long-term performance and of aligning their interests with shareholders’. The Fund Manager of the Year award winners are chosen based on Morningstar’s proprietary research and in-depth evaluation by its fund analysts.

Investing involves risk. The value of your investment will fluctuate over time and you may gain or lose money. Investing in foreign securities presents risks including fluctuating currency exchange rates and political and economic instability. These risks are generally greater in emerging markets.

Fund distributed by Janus Distributors LLC

Source: Janus Capital Group Inc.

Contact:

Janus Capital Group Inc.                                                                                             

Shelley Peterson, 303-316-5625