Janus to Sell 11 of Its Funds Through Brokers

You can never be too rich or too thin and, if you're a mutual fund company, you can never have enough distribution.

Janus, the nation's fastest growing mutual fund company, wants to start selling 11 of its funds through brokers sometime in August. These new shares will charge an annual marketing fee, known as a 12b-1 fee, equal to 0.25% of assets. That fee will pay brokers and other advisers for selling shares.

Traditionally, the firm has sold its funds directly to consumers without any sales or marketing charges. ...