Quarterly Update
Watch the investment team recap the quarter.
25+ YEAR HISTORY OF
Providing S&P 500®-Like Returns with Significantly Less Volatility
Fund Highlights
- Large-cap growth equities paired with an actively managed intermediate-term bond strategy
- Dynamic asset allocation approach that migrates between 35%-65% equity depending on market conditions
- Integrated research allows our equity and fixed income analysts to work side by side covering the same global sectors

Equity Allocation Adapting to Market Changes
Balanced Fund Equity Allocation in Relation to Market Volatility (12/31/97 – 12/31/20)
Cboe Volatility Index® or VIX® Index® shows the market’s expectation of 30-day volatility. It is constructed using the implied volatilities of a wide range of S&P 500® index options and is a widely used measure of market risk. The VIX Index volatility methodology is the property of Chicago Board of Options Exchange, which is not affi liated with Janus Henderson.