|
This general information is provided by and used with the permission of this manager. It may not contain information about the Pacific Select Fund portfolios managed by this manager. Pacific Select Fund portfolios are available only through Pacific Life's and its affiliates' variable products.
|
|
Janus approaches portfolio management through extensive research based on the fundamental "bottom-up" analysis of individual securities.
Management Style
All Janus managers have full autonomy to construct portfolios on a stock-by-stock basis. Where some equity managers first choose favorable sectors, then individual companies within those sectors, Janus managers analyze and select individual companies. This bottom-up selection process is based on proprietary research which is conducted by an experienced staff of portfolio managers and securities analysts.
Portfolio Selection Process
In selecting securities for investment, Janus managers focus on two types of companies:
- Companies with above average unit growth versus their peer group or the general economy
- Companies that are realizing positive changes as a result of new product developments, a favorable regulatory environment or a shift in management
- Research is conducted on a team approach while the actual selection of securities is made by each manager.
Research
Investment team based in Denver, Colorado
17 total portfolio managers and 47 total analysts
Qualitative analysis
Management presentations; product research (5 of the 34 Equity Research Analysts and 5 of the 13 Equity Portfolio Managers have a dual role as a Portfolio Manager and an Equity Research Analyst); interviews with competitors, suppliers and consumers
Buy and sell decisions verified through fundamental research
Site and management visits, extensive financial modeling, analysis of markets and competitors
Attributes
- Established as an advisory firm in 1969 by Thomas H. Bailey
- Janus Capital Group Inc., parent company of Janus, had approximately $207 billion in total assets under management as of December 31, 2007
Portfolios Managed
Pacific Select Fund
Janus Aspen Series
INTECH
Data as of December 31, 2007.
Concentrated portfolios with fewer securities may be subject to greater price volatility.
Although some portfolios may have names or investment objectives that resemble retail mutual funds managed by the portfolio manager, these portfolios will not have the same underlying holdings or performance as the retail mutual funds.
You should carefully consider a variable life insurance product’s risks, charges, limitations and expenses, as well as the risks, charges, expenses and investment objectives of the underlying investment options. The accompanying product and underlying fund prospectuses contain this and other information about Pacific Life. Read them carefully before investing or sending money.
Pacific Life Insurance Company is licensed to issue individual life insurance and annuity products in all states except New York. Product availability and features may vary by state.
CWEB-L-22E