Janus said that it will reopen four of its funds that are currently closed to new investors. As of Dec. 31, the fund giant will reopen to new investors the Janus Fund, which has declined nearly 27% year to date; the Janus Worldwide Fund, which has posted a negative return of 25.6% this year; the Janus Global Technology Fund, with a negative year-to-date return of 38.6% and the Janus Global Life Sciences Fund, which has a negative year-to-date return of nearly 30%,.

In addition, Janus expects to merge several of its funds on Feb. 28 of next year. The Janus Fund 2, with year-to-date performance of negative 31.8%, will merge into the Janus Fund, and the Janus Special Situations Fund, which has posted year-to-date returns of negative 27.5% will merge into the Janus Strategic Value Fund which has declined 22.7% year-to-date. Also in February, the firm will change the name of the Janus Strategic Value Fund to the Janus Special Equity Fund. The Janus Fund 2 and Janus Special Situations Fund, meanwhile, will close to new investors.

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