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 |
|
Tuesday, April 19, 2011 A New Hire Will Helm a New Janus Asia Fund Janus [see profile] has a little something in the oven for people looking to invest in Asia. On Friday the Denver-based mutual fund firm filed to launch the Janus Asia Equity Fund, which will debut no earlier than June 30 [see filing]. A spokesman for Janus confirmed that the fund is in the works. Janus' own Janus Capital Singapore Pte. Limited will sub-advise the fund, with executive vice president Hiroshi Yoh serving as PM. Yoh joined Janus in January and took over Janus Capital Singapore, reporting to Janus co-CIO Jonathan Coleman. He previously served as CEO and chief investment officer of a Singapore-based asset manager, Tokio Marine Asset Management. As proposed, the new fund will offer A shares (for a 575-basis-point front-end load and a 25-bps 12b-1), C shares (for a 100-bps deferred load and a 100-bps 12b-1), S shares (with a 200-bps short-term redemption fee and a 25-bps load), and I and T shares (with a 200-bps short-term redemption fee). Janus has not yet revealed the management fee for the fund. Janus will handle the fund's distribution and transfer agency. State Street will serve as custodian. Printed from: MFWire.com/story.asp?s=36588 Copyright 2011, InvestmentWires, Inc. All Rights Reserved |