June 18, 2000
If you are seeking a solid core mutual fund that combines both growth and income-producing investments consider Janus Growth and Income. Although the Janus Growth and Income fund is slightly more aggressive than a classic Blend type mutual fund with a portfolio allocation of 75% growth investments and 25% income investments, you won't find their investors complaining. The fund's average 1-year, 3-year and 5-year returns are all tracking ahead of the S & P 500 Index. An added benefit is their low expense ratio of 0.90%.
This Morningstar five star ranked fund carries a below average risk and an above average return profile. The Janus Growth and Income fund is filled with top notched well-established growth companies like AT & T, Cisco Systems, Nokia and General Electric. This fund is not restricted to only U.S. investments and whenever deemed beneficial, it will offer some exposure to foreign investments.
Janus Growth and Income Fund
Symbol
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JAGIX
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Phone Number
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(800) 525-8983
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Web Site
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www.janus.com
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Minimum Investment
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$2,500
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Load
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None
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Expense Ratio
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0.90%
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Redemption Fee (if you sell within 12 months)
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None
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12b-1 Fee
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0%
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Year to date return (as of 6/16/00)
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3.36%
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Average annual 5 year return (as of 6/16/00 )
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33.22%
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(Source: www.janus.com and www.quicken.com – accuracy of this information is not guaranteed)
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