I wanna close my mutual fund from janus, does any1 know how much i would b charged to close?

the fund is JAGIX, its almost @ 40bucks a share dont c it goin up past that since its never ever been that hi. just wanna get an idea of what fees I'm gonna pay to when i close, thanks

I've had this fund for i think 7yrs & its made hardly any money, its ridiculous, i wanna close while its hi & do something else with that money

Girlwhok has a good point...but I would question why you got into the fund in the first place. Are you chasing returns? Not a good investment strategy. Buy and hold....long term investing is the name of the game. Millions are not made by day trading especially mutual funds. But I know what you are feeling...I have lost my shirt, I want out (pretty typical of Janus investors). Not to mention Janus has all kinda loads, pay to get in, pay to get out. But before you do anything, look at it's holdings...do you see a upward trend? If not, go with your gut and get out and try Vanguard or Fidelity. Won't cost you as much if you make the same mistake.

You don't pay to cash in your shares, as long as you have held them for the prerequisite number of days - otherwise there is a "short time" trading penalty up to 1% -

Understand that the share price might not go up, but if you're getting distributions the overall value goes up, the share price drops every time there is a distribution.

JAGIX has been highly correlated to the S&P 500 with about the same return for the past 7-years. as such, by definition, it's performance is average, not good or bad. You've made about 1.5% in income thus earning about $2.05 per share even if the price seems to have been flat.

You will have no Janus fees to pay to sell. You will have very little taxable consequence . . . you've already paid taxes on the dividends which account for most of the earnings you've had in the last 7-years.

Before you do anything you need to have a basis for making a decision. http://www.best-of-janus.com. is a good place to start. By picking a different fund and holding it for another 7-years you can only improve return by increasing risk. On the other hand, if you develop a trading strategy (a few trades per year). You can both reduce risk and increase return.

It depends on what share class you own. You can look in the prospectus to find out what the "load" schedule is. If you aren't sure about that send me an email and I will help you.

Generally, if you own a fund for seven years or more there is no fee charged to redeem the fund. All you need to do is contact your broker or the fund directly and request a redemtion and they should send you a check. Good luck.