MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, May 20, 2010 Janus Ties Fees to Performance For Eight More Funds Janus Capital Group plans to add performance-based fees to eight of its mutual funds. The funds' board of directors approved the new fee structure for the Janus Forty Fund, Janus Fund, Janus Global Opportunities Fund, Janus Overseas Fund, Janus Twenty Fund, Aspen Forty Fund, Aspen Fund, Aspen Global Opportunities Fund, Aspen Overseas Fund, and Aspen Twenty Fund. A shareholder vote will be held on June 10. Should the proposal be approved, Janus would charge a fixed expense ratio of 64 basis points per fund, plus an additional fee of up to 15 bps depending on performance over a 36 month period, according to the filings. Janus currently has performances fees on 14 funds out of more than 100. Printed from: MFWire.com/story.asp?s=32280 Copyright 2010, InvestmentWires, Inc. All Rights Reserved |