Janus Is on Target for December Launch of Janus 2 - TheStreet

Looks like

Janus 2

is on schedule for its December launch.

Tuesday

Janus

filed routine paperwork reiterating that the much-ballyhooed sequel to its closed flagship

(JANSX)

Janus fund is slated to launch before year-end.

TheStreet.com

previewed the new fund and noted its launch target when Janus

shuttered its eponymous growth fund last month. If the firm follows its recent patterns for launching funds, it will begin taking orders for Janus 2 shares for a few weeks prior to its launch.

The new fund will be an intriguing barometer of investor sentiment. Many of Janus' tech-heavy funds sizzled in 1999 but have cooled this year as several tech stocks have hit choppy water. With nearly half of its stock funds now closed to new investors, the firm's inflows have

dropped sharply.