EXHIBIT 16
JANUS INVESTMENT FUND (THE "TRUST")
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, the undersigned hereby makes,
constitutes and appoints Thomas A. Early, Loren M. Starr and Kelly Abbott Howes,
and each of them, severally, his true and lawful attorneys and agents in his
name, place and stead to execute for and on his behalf any and all filings and
amendments to a Registration Statement on Form N-14 and any other documents and
instruments incidental thereto, and to deliver and file the same, with all
exhibits thereto, and all documents and instruments in connection therewith,
with the Securities and Exchange Commission, granting unto said attorneys and
agents, and each of them, full power and authority to do and perform each and
every act and thing that said attorneys and agents, and each of them, deem
advisable or necessary to enable the Trust to effectuate the intents and
purposes hereof, hereby ratifying and confirming all actions of any said
attorneys hereunder, provided that this Power of Attorney is ratified to be
effective by the Trustees with respect to each filing of such Registration
Statement and all amendments, consents and exhibits thereto. Said attorneys may
act jointly or severally, and the action of one shall bind the undersigned as
fully as if two or more had acted together.
IN WITNESS WHEREOF, the undersigned has hereunto set his hand as of
this 10th day of December, 2002.
<Table>
<Caption>
Signature Title Date
- --------- ----- ----
/s/ Thomas H. Bailey Trustee December 10, 2002
- ----------------------------
Thomas H. Bailey
</Table>
JANUS INVESTMENT FUND (THE "TRUST")
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, the undersigned hereby makes,
constitutes and appoints Thomas A. Early, Loren M. Starr and Kelly Abbott Howes,
and each of them, severally, his true and lawful attorneys and agents in his
name, place and stead to execute for and on his behalf any and all filings and
amendments to a Registration Statement on Form N-14 and any other documents and
instruments incidental thereto, and to deliver and file the same, with all
exhibits thereto, and all documents and instruments in connection therewith,
with the Securities and Exchange Commission, granting unto said attorneys and
agents, and each of them, full power and authority to do and perform each and
every act and thing that said attorneys and agents, and each of them, deem
advisable or necessary to enable the Trust to effectuate the intents and
purposes hereof, hereby ratifying and confirming all actions of any said
attorneys hereunder, provided that this Power of Attorney is ratified to be
effective by the Trustees with respect to each filing of such Registration
Statement and all amendments, consents and exhibits thereto. Said attorneys may
act jointly or severally, and the action of one shall bind the undersigned as
fully as if two or more had acted together.
IN WITNESS WHEREOF, the undersigned has hereunto set his hand as of
this 9th day of December, 2002.
<Table>
<Caption>
Signature Title Date
- --------- ----- ----
/s/ William F. McCalpin Trustee December 9, 2002
- ------------------------------------
William F. McCalpin
</Table>
JANUS INVESTMENT FUND (THE "TRUST")
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, the undersigned hereby makes,
constitutes and appoints Thomas A. Early, Loren M. Starr and Kelly Abbott Howes,
and each of them, severally, his true and lawful attorneys and agents in his
name, place and stead to execute for and on his behalf any and all filings and
amendments to a Registration Statement on Form N-14 and any other documents and
instruments incidental thereto, and to deliver and file the same, with all
exhibits thereto, and all documents and instruments in connection therewith,
with the Securities and Exchange Commission, granting unto said attorneys and
agents, and each of them, full power and authority to do and perform each and
every act and thing that said attorneys and agents, and each of them, deem
advisable or necessary to enable the Trust to effectuate the intents and
purposes hereof, hereby ratifying and confirming all actions of any said
attorneys hereunder, provided that this Power of Attorney is ratified to be
effective by the Trustees with respect to each filing of such Registration
Statement and all amendments, consents and exhibits thereto. Said attorneys may
act jointly or severally, and the action of one shall bind the undersigned as
fully as if two or more had acted together.
IN WITNESS WHEREOF, the undersigned has hereunto set his hand as of
this 9th day of December, 2002.
<Table>
<Caption>
Signature Title Date
- --------- ----- ----
/s/ John W. McCarter, Jr. Trustee December 9, 2002
- ------------------------------------
John W. McCarter, Jr.
</Table>
JANUS INVESTMENT FUND (THE "TRUST")
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, the undersigned hereby makes,
constitutes and appoints Thomas A. Early, Loren M. Starr and Kelly Abbott Howes,
and each of them, severally, his true and lawful attorneys and agents in his
name, place and stead to execute for and on his behalf any and all filings and
amendments to a Registration Statement on Form N-14 and any other documents and
instruments incidental thereto, and to deliver and file the same, with all
exhibits thereto, and all documents and instruments in connection therewith,
with the Securities and Exchange Commission, granting unto said attorneys and
agents, and each of them, full power and authority to do and perform each and
every act and thing that said attorneys and agents, and each of them, deem
advisable or necessary to enable the Trust to effectuate the intents and
purposes hereof, hereby ratifying and confirming all actions of any said
attorneys hereunder, provided that this Power of Attorney is ratified to be
effective by the Trustees with respect to each filing of such Registration
Statement and all amendments, consents and exhibits thereto. Said attorneys may
act jointly or severally, and the action of one shall bind the undersigned as
fully as if two or more had acted together.
IN WITNESS WHEREOF, the undersigned has hereunto set his hand as of
this 9th day of December, 2002.
<Table>
<Caption>
Signature Title Date
- --------- ----- ----
/s/ Dennis B. Mullen Trustee December 9, 2002
- ----------------------------------
Dennis B. Mullen
</Table>
JANUS INVESTMENT FUND (THE "TRUST")
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, the undersigned hereby makes,
constitutes and appoints Thomas A. Early, Loren M. Starr and Kelly Abbott Howes,
and each of them, severally, his true and lawful attorneys and agents in his
name, place and stead to execute for and on his behalf any and all filings and
amendments to a Registration Statement on Form N-14 and any other documents and
instruments incidental thereto, and to deliver and file the same, with all
exhibits thereto, and all documents and instruments in connection therewith,
with the Securities and Exchange Commission, granting unto said attorneys and
agents, and each of them, full power and authority to do and perform each and
every act and thing that said attorneys and agents, and each of them, deem
advisable or necessary to enable the Trust to effectuate the intents and
purposes hereof, hereby ratifying and confirming all actions of any said
attorneys hereunder, provided that this Power of Attorney is ratified to be
effective by the Trustees with respect to each filing of such Registration
Statement and all amendments, consents and exhibits thereto. Said attorneys may
act jointly or severally, and the action of one shall bind the undersigned as
fully as if two or more had acted together.
IN WITNESS WHEREOF, the undersigned has hereunto set his hand as of
this 9th day of December, 2002.
<Table>
<Caption>
Signature Title Date
- --------- ----- ----
/s/ James T. Rothe Trustee December 9, 2002
- --------------------------------
James T. Rothe
</Table>
JANUS INVESTMENT FUND (THE "TRUST")
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, the undersigned hereby makes,
constitutes and appoints Thomas A. Early, Loren M. Starr and Kelly Abbott Howes,
and each of them, severally, his true and lawful attorneys and agents in his
name, place and stead to execute for and on his behalf any and all filings and
amendments to a Registration Statement on Form N-14 and any other documents and
instruments incidental thereto, and to deliver and file the same, with all
exhibits thereto, and all documents and instruments in connection therewith,
with the Securities and Exchange Commission, granting unto said attorneys and
agents, and each of them, full power and authority to do and perform each and
every act and thing that said attorneys and agents, and each of them, deem
advisable or necessary to enable the Trust to effectuate the intents and
purposes hereof, hereby ratifying and confirming all actions of any said
attorneys hereunder, provided that this Power of Attorney is ratified to be
effective by the Trustees with respect to each filing of such Registration
Statement and all amendments, consents and exhibits thereto. Said attorneys may
act jointly or severally, and the action of one shall bind the undersigned as
fully as if two or more had acted together.
IN WITNESS WHEREOF, the undersigned has hereunto set his hand as of
this 9th day of December, 2002.
<Table>
<Caption>
Signature Title Date
- --------- ----- ----
/s/ William D. Stewart Trustee December 9, 2002
- ------------------------------------
William D. Stewart
</Table>
JANUS INVESTMENT FUND (THE "TRUST")
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, the undersigned hereby makes,
constitutes and appoints Thomas A. Early, Loren M. Starr and Kelly Abbott Howes,
and each of them, severally, his true and lawful attorneys and agents in his
name, place and stead to execute for and on his behalf any and all filings and
amendments to a Registration Statement on Form N-14 and any other documents and
instruments incidental thereto, and to deliver and file the same, with all
exhibits thereto, and all documents and instruments in connection therewith,
with the Securities and Exchange Commission, granting unto said attorneys and
agents, and each of them, full power and authority to do and perform each and
every act and thing that said attorneys and agents, and each of them, deem
advisable or necessary to enable the Trust to effectuate the intents and
purposes hereof, hereby ratifying and confirming all actions of any said
attorneys hereunder, provided that this Power of Attorney is ratified to be
effective by the Trustees with respect to each filing of such Registration
Statement and all amendments, consents and exhibits thereto. Said attorneys may
act jointly or severally, and the action of one shall bind the undersigned as
fully as if two or more had acted together.
IN WITNESS WHEREOF, the undersigned has hereunto set his hand as of
this 9th day of December, 2002.
<Table>
<Caption>
Signature Title Date
- --------- ----- ----
/s/ Martin H. Waldinger Trustee December 9, 2002
- ------------------------------------
Martin H. Waldinger
</Table>