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Janus' Lynn: A Long-Term Focus Is Key

2010 International-Stock Manager of the Year Brent Lynn discusses the fund's performance in a tough 2008 and the subsequent rebound.

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Carlson: Now the fund has been extremely successful during your tenure, it's trounced, frankly, the broader foreign market benchmarks, as well as its foreign large-growth competitors.

But it's also been fairly volatile over time and had a tough time in the bear market, particularly 2008. Can you talk a little bit about the fund's risks and whether you generally expect it to underperform in tough environments like that?

Greg Carlson does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.