Janus Aspen Overseas Portfolio

Class Inst (JAIGX)

Fund Holdings

Asset Allocation

% Long % Net
Cash 0.0 0.0
Stocks 15.83 15.83
Bonds 0.0 0.0
Other 0.0 0.0
Foreign Bonds 0.0 0.0
Foreign Stocks 84.17 84.17
Convertible 0.0 0.0
Preferred 0.0 0.0

Updated 03.31.2013

Top 10 Holdings

Performance as of 04.30.2013

Portfolio as of 03.31.2013

Ticker YTD Return % % Net Assets
Li & Fung Ltd. LFUGF -26.16 6.75
Delta Air Lines Inc DAL 41.87 5.3
Reliance Industries Ltd. RELIANCE --- 5.23
United Continental Holdings Inc UAL 36.91 5.17
Petroleo Brasileiro SA Petrobras ADR PBR -3.26 4.71
LM Ericsson Telephone Company ERIXF 18.81 4.4
Banco Bilbao Vizcaya Argentaria SA BBVA --- 4.2
Renault SA RNSDF 27.5 4.01
Nintendo Company, Ltd. 7974 --- 3.33
Fortescue Metals Group Ltd FMG --- 3.01
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