JSMD ETF Profile

Family:	Janus
Name:	Janus Henderson Small/Mid Cap Growth Alpha ETF

Inception Date:	23-Feb-2016
Termination Date:
Investment Objective:	The ETF seeks investment results that correspond generally, before fees and expenses, to the performance of the Janus Henderson Small/Mid Cap Growth Alpha Index. The Underlying Index is composed of common stocks of small and medium- sized companies that are selected by the index provider, Janus Index & Calculation Services LLC (Janus Index Services or the Index Provider), from those companies included in the Solactive Small/Mid Cap Index, a universe of 2,500 small and medium-sized capitalization stocks. The Underlying Index is designed to select small- and medium-sized capitalization stocks that are poised for smart growth by evaluating each company s performance in three critical areas: growth, profitability, and capital efficiency. To arrive at the top eligible 10%, for each security in the stated universe, the quantitative methodology assigns a score in each of 10 different fundamental factors, relative to other eligible securities.

Prospectus