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.
Janus to Reopen Four Funds
December 13, 2002, 1:00 a.m. EST 1 Min Read