(January 20) – U.S. mutual fund giant Janus is coming to Canada. Denver-based Janus has hooked up with MAXXUM Fund Management Inc. to bring its funds to Canada.
Janus currently manages two funds for MAXXUM. Those funds, the MAXXUM American Equity Fund and MAXXUM Global Equity Fund, will be renamed and sold under the Janus brand here in Canada.
MAXXUM plans to offer additional Janus funds to Canadians, and is currently awaiting regulatory approval to launch RSP-eligible clone funds of the two existing Janus funds.
“Janus’s unique investment approach and their stellar performance record make them an excellent partner,” said John Wood, MAXXUM’s president and CEO. “We’re pleased to be Janus’s exclusive distributor in Canada and know that Canadian investors will benefit from the firm’s proven investment capabilities.”
To introduce the new funds MAXXUM will be launching a nationwide print advertising campaign at the end of January, and it is launching a 15-city roadshow for advisors, beginning January 24 in Victoria.
Janus manages US $250 billion in assets for over three million unitholders. It follows a bottom-up, research-intensive investment approach.
-IE Staff