Janus Fund
Supplement dated January 1, 2000 to Prospectus
dated February 17, 1999
THIS INFORMATION SUPPLEMENTS THE FUND'S PROSPECTUS DATED FEBRUARY 17, 1999. THIS
SUPPLEMENT, TOGETHER WITH THE PROSPECTUS, CONSTITUTE A CURRENT PROSPECTUS. TO
REQUEST ANOTHER COPY OF THE PROSPECTUS, PLEASE CALL 1-800-525-3713.
The following information supplements the information in the PORTFOLIO MANAGER
section on page 32 of the Prospectus:
Blaine P. Rollins is Executive Vice President and portfolio manager of Janus
Fund, replacing James P. Craig who previously managed Janus Fund from June 1986
through December 1999. Mr. Rollins served as Executive Vice President and
portfolio manager of Janus Balanced Fund from January 1996 through December
1999, Executive Vice President and portfolio manager of Janus Equity Income Fund
from June 1996 through December 1999 and as an assistant portfolio manager of
Janus Fund from January 1994 through December 1999.
Karen L. Reidy is an assistant portfolio manager of Janus Fund. She is also
Executive Vice President and portfolio manager of Janus Balanced Fund and Janus
Equity Income Fund, replacing Blaine P. Rollins who previously managed Janus
Balanced Fund and Janus Equity Income Fund. Prior to joining Janus Capital in
1995, she worked for Price Waterhouse as a manager in both the Mergers and
Acquisitions and Audit business units. In this capacity, Ms. Reidy performed due
diligence work for corporate clients and oversaw audit engagements. She received
an undergraduate degree in Accounting from the University of Colorado in 1989
and passed the CPA exam in 1992. She is a Chartered Financial Analyst.
John H. Schreiber is an assistant portfolio manager of Janus Fund. Mr. Schreiber
joined Janus Capital in 1997 as an equity research analyst. Prior to joining
Janus Capital, he was an equity analyst with Fidelity Investments. Mr. Schreiber
holds a Bachelor of Science degree in mechanical engineering from the University
of Washington and a Master of Business Administration from Harvard University.
He is a Chartered Financial Analyst.
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