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Janus' Extraordinary 1999 Powered by Small Group of Favored Stocks

 

Last year, Janus' 14 stock mutual funds found the sweet spot of a market focused on large-cap growth and technology stocks and rode it to a startling average return of 81.6%.

Seldom has a large fund firm produced such consistent outperformance across its entire product line. All of the firm's stock funds beat the benchmark S&P 500 index's 21% return, most by a wide margin. Only two Janus funds, (JAEIX Quote)Equity Income (38.5%) and (JABAX Quote)Balanced (23.5%) -- which owns stocks and bonds -- returned less than 48%. Meanwhile, five funds posted triple-digit returns.

A Year to Remember
Janus Fund 1999 Return
(JAGTX Quote)Global Technology 211.6%
(JAVTX Quote)Venture 151.9
(JAENX Quote)Enterprise 128.7
(JAMRX Quote)Mercury 105.6
(JAOLX Quote)Olympus 100.1
(JAOSX Quote)Overseas 86.1
(JAVLX Quote)Twenty 64.9
(JAWWX Quote)Worldwide 64.4
(JASSX Quote)Special Situations 64
(JAGLX Quote)Global Life Sciences 61
(JAGIX Quote)Growth & Income 51.2
(JANSX Quote)Janus 48.2
(JAEIX Quote)Equity-Income 38.5
(JABAX Quote)Balanced 23.5
Source: Morningstar
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