The Denver-based shop Janus Capital Management
] has filed with the SEC
for a new fund to be managed by its INTECH
, a subsidiary. The Janus Aspen INTECH U.S. Low Volatility Portfolio
will be an all-equity approach to a low-volatility strategy.
This will be the sixth retail fund that INTECH will manage in a Janus trust. The combined AUM of funds managed by INTECH was $42.7 billion as of Janus' most recent public filing on March 31. All INTECH funds will be managed by a team led by PM Adrian Banner
In an interview with MFWire
, Drew Elder, Janus' senior vice president of global product strategies, said that this fund will aim for returns benchmarked to the S&P 500, but with 20 to 40 percent less volatility. Elder said that while most low-volatility funds invest in a range of asset classes, the Janus Aspen INTECH U.S. Low Volatility Portfolio will be distinguished by its equities-only portfolio.
Chris Furman, Janus' managing director of financial institutions, told MFWire
that the fund s shooting for a launch date of the first week of September.
Intech is a subsidiary of Janus operating out of Princeton, New Jersey and West Palm Beach, Florida.
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