For qualified investors in Switzerland

Horizon Global Multi-Asset Fund

The investment objective of the Global Multi-Asset Fund is to provide long term returns with lower than equity market volatility.

ISIN
LU1253842857

NAV
GBP 12.10
As of 03/10/2023

1-Day Change
GBP -0.05 (-0.41%)
As of 03/10/2023

Overview

INVESTMENT OBJECTIVE

The Fund aims to provide a return, from a combination of capital growth and income, with volatility lower than that of equity market volatility, over the long term.
Performance target: To outperform the SONIA by 4% per annum, before the deduction of charges, over any 5 year period.

More

The Fund invests in Collective Investment Schemes (other funds including those managed by Janus Henderson and Exchange Traded Funds) to provide diversified global exposure to a range of assets including shares (equities) of companies, bonds issued by companies and governments, and to a lesser extent, alternative assets such as property and commodities.
The Fund may also invest in other assets including shares (equities), bonds, cash and money market instruments.
The investment manager may use derivatives (complex financial instruments) to reduce risk or to manage the Fund more efficiently.
The Fund is actively managed with reference to the SONIA, as this forms the basis of the Fund's performance target. For currency hedged Share Classes, the rate that corresponds with the relevant Share Class currency is used as the basis of the performance comparison. The investment manager has complete discretion to choose investments for the Fund.

Less

The value of an investment and the income from it can fall as well as rise as a result of market and currency fluctuations and you may not get back the amount originally invested.
Potential investors must read the prospectus, and where relevant, the key investor information document before investing.
This website is a Marketing Communication and does not qualify as an investment recommendation.

PORTFOLIO MANAGEMENT

Oliver Blackbourn, CFA

Portfolio Manager

Industry since 2009. Joined Firm in 2017.

Nick Harper, CFA

Portfolio Manager  

Industry since 2010. Joined Firm in 2014.

Performance

Past performance does not predict future returns. All performance data includes both income and capital gains or losses and reflects the deduction of any ongoing charges or other fund expenses.
Cumulative & Annualised Performance (%)
As of 31/08/2023
A2 GBP (Net) SONIA
  
  Cumulative Annualised
1MO YTD 1YR 3YR 5YR 10YR Since Inception
28/07/2015
A2 GBP (Net) -1.44 -0.16 -3.67 0.55 1.81 - 2.62
SONIA 0.45 2.96 3.84 1.48 1.18 - 0.92
 
  Annualised
3YR 5YR 10YR Since Inception
28/07/2015
A2 GBP (Gross) - 3.47 - 4.33
SONIA + 4.00% - 5.23 - 4.95
Calendar Year Returns (%)
As of 30/06/2023
A2 GBP (Net) SONIA
YTD 2022 2021 2020 2019 2018 2017 2016 PERFORMANCE INCEPTION
28/07/2015
A2 GBP (Net) 0.24 -9.39 5.82 8.88 10.77 -4.56 6.17 7.44 -1.90
SONIA 2.07 1.43 0.05 0.39 0.82 0.67 0.34 0.52 0.25
FEE INFORMATION
Initial Charge 5.00%
Annual Charge 1.00%
Ongoing Charge
(As of 30/06/2022)
1.56%

Portfolio

Top Holdings (As of 31/08/2023)
% of Fund
US 10yr Note (CBT)Dec23 9.52
S&P500 Emini Fut Sep23 7.75
Janus Henderson Horizon Global High Yield Bond Fund Z2 HGBP 5.93
US 5yr Note (CBT) Dec23 5.81
Janus Henderson Global Investment Grade Bond Fund Z1 USD 4.91
Janus Henderson Horizon Euro High Yield Bond Fund Z2 EUR 4.12
Janus Henderson Horizon Euro Corporate Bond Fund I2 EUR 4.05
Janus Henderson Horizon Emerging Markets Debt Hard Currency Fund Z2 USD 3.90
Inactive MSCI Emgmkt Sep23 3.64
FTSE 100 Idx Fut Sep23 3.52

Documents

  • The value of the Funds and the income from them is not guaranteed and may fall as well as rise. You may get back less than you originally invested.
  • Past performance does not predict future returns.
  • Third party data is believed to be reliable, but its completeness and accuracy is not guaranteed.
  • Shares/Units can lose value rapidly, and typically involve higher risks than bonds or money market instruments. The value of your investment may fall as a result.
  • The Fund invests in other funds (including exchange-traded funds and investment trusts/companies). This may introduce more risky assets, derivative usage and other risks associated with the underlying funds, as well as contributing to a higher level of ongoing charges.
  • The Fund may use derivatives to help achieve its investment objective. This can result in leverage (higher levels of debt), which can magnify an investment outcome. Gains or losses to the Fund may therefore be greater than the cost of the derivative. Derivatives also introduce other risks, in particular, that a derivative counterparty may not meet its contractual obligations.
  • If the Fund holds assets in currencies other than the base currency of the Fund, or you invest in a share/unit class of a different currency to the Fund (unless hedged, i.e. mitigated by taking an offsetting position in a related security), the value of your investment may be impacted by changes in exchange rates.
  • When the Fund, or a share/unit class, seeks to mitigate exchange rate movements of a currency relative to the base currency (hedge), the hedging strategy itself may positively or negatively impact the value of the Fund due to differences in short-term interest rates between the currencies.
  • Securities within the Fund could become hard to value or to sell at a desired time and price, especially in extreme market conditions when asset prices may be falling, increasing the risk of investment losses.
  • The Fund could lose money if a counterparty with which the Fund trades becomes unwilling or unable to meet its obligations, or as a result of failure or delay in operational processes or the failure of a third party provider.
  • Funds incur costs as a necessary part of buying and selling the underlying investments, these are otherwise known as portfolio transaction costs, and include charges such as broker commission and Stamp Duty.
  • Before investing in any of our funds you should satisfy yourself as to the suitability and the risks involved.
  • Summary of Investor rights
  • Janus Henderson Investors Europe S.A. may decide to terminate the marketing arrangements of this Collective Investment Scheme in accordance with the appropriate regulation.
  • Information on compliance with EU Sustainability related disclosures can be found here.
  • For detailed product information including the risks associated with investing please read the relevant Prospectus or Annual Report. Please refer to the prospectus of the UCITS and to the KID before making any final investment decisions.