Janus Will Bolster ETF Lineup With New Small-Cap ETFs

Janus Capital Group Inc. (NYSE: JNS) plans to continue bolstering its lineup of exchange traded funds with the introduction of two new small-cap ETFs.

On Thursday, Denver-based Janus “announced it has filed a registration statement with the Securities and Exchange Commission for two innovative enhanced beta Exchange Traded Funds (ETFs), which draw on the expertise of Janus’s fundamental small and mid-cap management teams: the Janus Small Cap Growth Alpha ETF and Janus Small/Mid Cap Growth Alpha ETF,” according to a statement issued by the firm.

Last year, Janus completed a $30 million acquisition of VelocityShares. VelocityShares is best known for its lineup of volatility exchange traded notes (ETNs). Those ETNs include the $335.3 million VelocityShares Daily 2x VIX Short Term ETN (NYSEArca: TVIX) and the $773.6 million VelocityShares Daily Inverse VIX Short-Term ETN (NYSEArca: XIV). [VIX ETFs for Volatile Markets]

Other well-known VelocityShares ETNs include the VelocityShares 3x Inverse Silver ETN (NYSEArca: DSLV), VelocityShares Daily 3x Inverse Natural Gas ETN (NYSEArca: DGAZ) and the VelocityShares 3x Long Natural Gas ETN (NYSEArca: UGAZ).

An SEC filing out earlier this year also showed Janus could introduce an ETF equivalent of the anus Global Unconstrained Bond Fund (JUCAX), which is managed by fixed income legend Bill Gross.

The ETF would invest in government notes and bonds, corporate bonds, convertible bonds, commercial and residential mortgage-backed securities, asset-backed securities, zero-coupon bonds, and derivatives that provide exposure to bonds.

“As the investing landscape evolves, Janus has expanded its offerings to include ETFs, giving advisors access to a suite of new, intelligent investment solutions. The Janus small cap products will be the first ETFs to launch since Janus’s November 2014 acquisition of VS Holdings Inc., the parent company of VelocityShares, LLC,” said Janus in the statement.

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