CBS.MW readers want to know about Janus 20 (thanks to Dave Taylor)
By Craig Tolliver, CBS MarketWatch
Last Update: 3:49 AM ET Oct 3, 1998
Mutual Fund Center
The most-viewed fund by CBS MarketWatchers is Janus Twenty
(JAVLX). And why not? This fund ranks in the top 20 percent for the
one-, three-, five- and 10-year periods. Despite the markets' recent
volatility, fund manager Scott Schoelzel has been able to produce a
remarkable 27.6 percent year-to-date return for this no-load, capital
appreciation fund.
The fund derives its name from its limited portfolio of 20 to 30
companies. "When you're pursuing aggressive growth, concentration
counts," Schoelzel is quoted as saying on the Janus Web site.
"Because good companies and great managements are so rare, I look
for high-quality businesses that have a long-term vision as well as a
dominant industry franchise." As of Aug. 31, his top holdings included
Dell Computer (DELL) at 9.4 percent, Microsoft (MSFT) at 7.9 percent,
America Online (AOL) at 6.4 percent, Pfizer (PFE) at 6.2 percent,
Warner-Lambert (WLA) at 5.7 percent, Cisco Systems (CSCO) at 5
percent and General Electric (GE) at 4.3 percent -- making up a total
of nearly 45 percent of the portfolio.
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