The Janus Henderson Global Equity Fund (‘Fund’) seeks to achieve a total return after fees that exceeds the total return of the MSCI All Country World Index (net dividends reinvested) in AUD over rolling five year periods.
The Fund will typically invest in 40-60 companies that the Manager has identified as underappreciated by the wider market and offer sustainably high levels of growth, with a bias towards companies where innovation drives competitive advantage.
The Fund is managed using a bottom-up approach as, over the longer term, the Manager believes the fundamental trends within a business are more important and predictable for the value of its equity than fluctuations in the macro economy.
The Manager’s bottom-up analysis is heavily focused on valuation and quality as these are attributes the Manager believes most important in uncovering long term potential.
Changes to management costs:
With effect on and from 1 April 2019 and until further notice, the management fee of the Fund will be reduced from 1.10% to 0.95% per annum of the assets of the Fund.