thanks Bruce, one thing to remember about Janus is most of the funds have highly similar holdings, with the exception of the new Strategic Value fund (which appears very attractive to me). So, yes, Orion will have a huge stake in Nokia, as does Global Tech, 20, Worldwide, etc., etc. IMO, this is the good and bad with Janus. Great when they've got a winner like Nokia, bad when it craters. I'm a long term Janus fund holder, but I believe their returns over the next five years will lag the previous five - then again - the way things look now, that may be true of all good name funds out there.
Kent |
