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.
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