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So I looked up Janus 20, I still remember it. See the Gemini question and answer below: If I invested $100000 in Janus 20 on Jan 2nd 2000 and let it ride until now, which fund is now managing it and how much it is worth? |Year End|Annual Return|Estimated Value|Era / Notes| |:-|:-|:-|:-| |Start (Jan 2000)|—|$100,000|Initial Investment| |2000|\-32.40%|$67,600|The Dot-Com Crash begins| |2001|\-29.20%|$47,861|Tech sector collapse continues| |2002|\-21.20%|$37,714|The absolute bottom of the crash| |2003|\~7.78%|$40,648|Smoothed recovery gap begins| |2004|\~7.78%|$43,810|(Note: Actual returns during this| |2005|\~7.78%|$47,219|era were highly volatile, including| |2006|\~7.78%|$50,892|a major crash during the 2008| |2007|\~7.78%|$54,851|Great Financial Crisis and a massive| |2008|\~7.78%|$59,118|subsequent rebound in 2009)| |2009|\~7.78%|$63,717|| |2010|\~7.78%|$68,674|| |2011|\~7.78%|$74,016|| |2012|\~7.78%|$79,774|| |2013|\~7.78%|$85,980|| |2014|\~7.78%|$92,668|| |2015|\~7.78%|$99,878|Fund reaches approximate breakeven| |2016|\+2.19%|$102,190|Exact historical data resumes| |2017|\+29.37%|$132,203|Janus 20 officially merges into JACTX| |2018|\+1.32%|$133,948|| |2019|\+36.66%|$183,053|The modern tech acceleration| |2020|\+38.96%|$254,370|COVID-19 stimulus market surge| |2021|\+22.78%|$312,315|| |2022|\-33.64%|$207,252|The 2022 bear market| |2023|\+39.69%|$289,510|Generative AI market rebound| |2024|\+28.07%|$370,775|| |2025|\+18.16%|$438,107|| |2026 (YTD)|\+2.92%|$450,900|Current estimated value|
Moving from expensive mutual fund to cheap ETF I've held JACTX in a taxable brokerage account since the mid 90s. Certainly done well by it, but now that I've recently become (a bit) more savvy with my personal finances, I've realized that its expense ratio of 0.73 is probably not worth it. I currently have 30k in JACTX and I'm thinking of taking some profits and moving it all to a cheaper ETF like SCHG. I don't see my income/tax bracket changing anytime soon and I'm about 23 years from retirement. I know that taxes are inevitable, but is there a creative solution that anyone knows of other than me just selling all my JACTX, paying 20% long-term capital gains and then buying something like SCHG? I'm assuming no...but figured I would consult the internets...
Not sure what you are using to compare - but JACTX appears to outperform VTI on a total return basis over the past 10 years. [https://fundresearch.fidelity.com/fund-screener/results/compare/snapshot/averageAnnualReturnsYear3/desc/1?order=&tickers=JACTX%2CVTI](https://fundresearch.fidelity.com/fund-screener/results/compare/snapshot/averageAnnualReturnsYear3/desc/1?order=&tickers=JACTX%2CVTI)
Thanks for the reply. Looking at some historical performance, it looks like JACTX has increased ~97% since July of 2009. Over the same period as a comparison, VTI has increased ~535%. Admittedly I fully acknowledge that there are intricacies that I’m not aware of, but that alone seems like too big of a difference to ignore. Am I oversimplifying this?
I didn't look at the other funds. But I did see JACTX which is a fund that I had in my portfolio at one time. Janus has a bit of a storied history. The JACTX fund specifically - iirc has outperformed the S&P500 index over the long term. You ought to not focus so much on the expense ratio and look more at what those funds are designed to do and whether it fits your risk tolerance and investing goals.
My fiancé’s brokerage account was set up by family close to 15 years ago, and hasn’t really been touched since then. I just went through and did a rebalance of my own accounts and thought I would do both of ours while I was at it. When looking through this, all of these mutual funds have (what seem to me) really high expense ratios. My portfolio has expense ratios of 0.015-0.03%, and these are almost 0.9% in some cases. I can’t help but feel like that cost can’t be justified. The portfolio consists of NAMAX (0.89% ER) HAINX (0.89% ER) JACTX (0.73% ER) NGUAX (0.83% ER) SWAGX (0.04% ER, I understand that this is a bond index and the differences associated with that) I’m tempted to get rid of all of it and put it in something like VTI. Any blatant reason I should avoid that? And secondly, since this is not a tax advantaged account what are the tax implications for a sale of these funds and repurchase into for example an ETF?