While interest rates are low by historic standards, a small rise in rates will have a material impact on sector returns.
Knowing when and what proportion of the defensive part of your portfolio to allocate to cash, floating rate credit, fixed interest, higher yielding securities (or a combination) is not a simple process.
We believe a defensive strategy with the flexibility to manage interest rate risk and the ability to seek to protect investors’ capital during periods of rising interest rates, is vital in this environment.
The Janus Henderson Tactical Income Fund enables investors to diversify their fixed interest exposure with the ease of investing in only one product.
Designed to make tactical decisions between cash, longer duration fixed interest, risk-free and non-government debt, as well as higher yielding securities, the Fund will allocate holdings based on the
Australian Fixed Interest Team’s outlook of the interest rate and credit cycles.
The Fund is designed to meet the needs of investors who seek:
The Fund seeks to manage the following key investment decisions:
With interest rates likely to trend higher in the coming years, active management of interest rate risk is paramount."
Jay Sivapalan, Co-Head of Australian Fixed Interest
With a proven track record of superior risk-adjusted returns through various market cycles, the Team’s investment approach incorporates:
The Zenith Investment Partners (ABN 27 103 132 672, AFS Licence 226872) (“Zenith”) rating (assigned November 2018) referred to in this document is limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at http://www.zenithpartners.com.au/RegulatoryGuidelines.
The Lonsec Rating (assigned November 2018) presented in this document is published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445. The Rating is limited to “General Advice” (as defined in the Corporations Act 2001 (Cth)) and
based solely on consideration of the investment merits of the financial product(s). Past performance information is for illustrative purposes only and is not indicative of future performance. It is not a recommendation to purchase, sell
or hold Janus Henderson Investors product(s), and you should seek independent financial advice before investing in this product(s). The Rating is subject to change without notice and Lonsec assumes no obligation to update the relevant
document(s) following publication. Lonsec receives a fee from the Fund Manager for researching the product(s) using comprehensive and objective criteria.
For further information regarding Lonsec’s Ratings methodology, please refer to our website at: http://www.lonsecresearch.com.au/research-solutions/our-ratings.