Morningstar Advisor - Summer 2008 - (Page 63)

Exhaustive research. Impressive ratings. Coincidence? Not at Janus. 75% of all Janus funds rated by Morningstar received 5 or 4 stars. OVERALL RATINGS BASED ON RISK-ADJUSTED RETURNS AS OF 5_31_08 Janus believes that in-depth research and consistent results go hand in hand. It’s no accident that Morningstar gave so many of our funds so many stars. Call your ﬁnancial advisor to ﬁnd out how Janus can go farther for your money. To view current Morningstar ratings go to janus.com/ratings. Go farther. Please consider the charges, risks, expenses and investment objectives carefully before investing or recommending to clients for investment. For a prospectus containing this and other information, please visit janus.com. Read it carefully before you invest or send money. Past performance is no guarantee of future results. Due to market volatility, current ratings may be higher or lower than the ratings shown. Visit janus.com/ratings for current ratings. Impressive ratings do not indicate positive fund returns. SM The Overall Morningstar rating for a fund is derived from a weighted average of the performance ﬁgures associated with its 3-, 5- and 10-year (if applicable) Morningstar Rating™ metrics. For each fund with at least a threeyear history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund’s monthly performance (including the effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of the funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The ratings may be based, in part, on the performance of a predecessor fund. ©2008 Morningstar, Inc. All Rights Reserved. Funds included: Janus Retail, Janus Adviser Series Class S Shares and Janus Aspen Series Institutional Shares. Funds distributed by Janus Distributors LLC (6/08) C-608-220 http://janus.com http://janus.com/ratings http://janus.com http://janus.com/ratings

Table of Contents Feed for the Digital Edition of Morningstar Advisor - Summer 2008

Morningstar Advisor - Summer 2008 Contents Letter from the Editor Contributors Inbox College Planning: Solutions and Concerns ETFs: The Next Chapter Engineering Financial Advice Investment Briefs Flexible vs. Style-Pure Managers: The Evidence Forging a New Commodity Index Work Your Way Through College Planning Sizing Up the Options Best and Worst 529 College-Savings Plans A 529 Travel Guide 10 Tax-Smart Tips for College-Savings Planning Global Dialogue How Sequoia Cranks Out Good Returns Year After Year The Many Layers of David Winters Living on the Edge Stocks to Buy Once a Decade With Munis Feeling the Pain, Some Opportunities Arise Health Care Provides Shelter from Economic Storm Help Your Clients Get More Out of Their Bond Portfolios Mutual Fund Analyst Picks 50 Most Popular Equity ETFs Undervalued Stocks Most Popular Variable Annuities New at Morningstar New on MorningstarAdvisor.com Closer to Fine

Morningstar Advisor - Summer 2008

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