Please ensure Javascript is enabled for purposes of website accessibility Pan European High Conviction Equity UCITS ETF - Janus Henderson Investors - Europe PI Denmark
For individual investors in Denmark

JCEU Pan European High Conviction Equity UCITS ETF

A concentrated portfolio of high conviction ideas.

ISIN
IE0002A3VE77

NAV
EUR 13.36
As of 21/05/2026

JCEU
Pan European High Conviction Equity UCITS ETF

Overview

Investment objective

The Fund aims to provide capital growth over the long term by investing in a concentrated, actively managed portfolio of equity securities issued by European companies.

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Under normal circumstances, the Fund will invest at least 90% of its assets in equity securities or depositary receipts issued by European companies. The Fund may invest in companies of any size in any industry.
The Fund will typically have 20 - 30 holdings and is not expected to have fewer than 20 holdings. The Fund may also hold cash.
Derivatives may be used for the purposes of hedging/risk reduction. The Fund will use forward FX contracts to hedge currency risk where it offers Hedged Share Classes.

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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.

Investment into the fund will acquire units / shares of the fund itself and not the underlying assets owned by the fund.

About this fund

The Fund aims to provide capital growth over the long term by investing in a concentrated, actively managed portfolio of equity securities issued by European companies.

Past performance does not predict future returns. 
 

Why invest in this fund

High conviction approach

Seeks to generate alpha from a concentrated portfolio of the manager's very best ideas.

Style-agnostic, 'all weather' strategy

Invests wherever the most compelling opportunities exist across Pan European equities.

Experienced team with a proven track record

Supported by a strong and stable European equities platform.

Listings Information

Exchange Ticker Currency SEDOL WKN Bloomberg Ticker RIC
Borsa Italiana JCEU IM EUR BT9K649 A40JUG JCEU IM EQUITY JCEU.IM
Xetra JCEU GY EUR BT9K638 A40JUG JCEU GY EQUITY JCEU.DE
BX Swiss JCEU SW EUR BPLNGV5 A40JUG JCEU SW EQUITY JCEU.S

Portfolio Management

Robert Schramm-Fuchs

Portfolio Manager

Industry since 2005. Joined Firm in 2014.

Marc Schartz, CFA

Portfolio Manager

Industry since 2004. Joined Firm in 2016.

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 30/04/2026
EUR Acc (Net) MSCI Europe NR
 
  Cumulative Annualised
  1MO YTD 1YR 3YR 5YR 10YR Since Inception
13/11/2024
EUR Acc (Net) 9.66 1.03 18.78 - - - 19.62
MSCI Europe NR 5.19 4.20 18.44 - - - 17.21
Calendar Year Returns (%)
As of 31/03/2026
EUR Acc (Net) MSCI Europe NR
YTD 2025 Performance Inception
13/11/2024
EUR Acc (Net) -7.87 27.96 0.47
MSCI Europe NR -0.94 19.39 1.34

Recommended holding period 5 Years

Example Investment: EUR 10,000

Scenarios If you exit after 1 year If you exit after 5 years
MinimumThere is no minimum guaranteed return. You could lose some or all of your investment
StressWhat you might get back after costs3,920 EUR3,650 EUR
Average return each year-60.76%-18.24%
UnfavourableWhat you might get back after costs8,650 EUR10,730 EUR
Average return each year-13.53%1.43%
ModerateWhat you might get back after costs11,020 EUR14,780 EUR
Average return each year10.24%8.12%
FavourableWhat you might get back after costs14,190 EUR20,620 EUR
Average return each year41.86%15.57%

As of 31/03/2026
EUR Acc (Net) MSCI Europe NR
Fee Information
Initial Charge 0.00%
Annual Charge 0.49%
Ongoing Charge
(As of )
-

Portfolio

Portfolio Characteristics (As of 30/04/2026)
 
Holdings Count
26
Active Share
79.07
Weighted Average Market Cap Base Mm
120961.93
Price Book Ratio Latest Reported
2.63
Price To Earnings Trailing Fiscal Year
17.18
Market Capitalization Range of Equity Holdings % of Fund % of Fund As of 30/04/2026
Country/Geographic Exposures % of Fund % of Fund As of 30/04/2026
Sector Allocation % of Fund % of Fund As of 30/04/2026

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.
  • When a portfolio is concentrated (has a significant portion of its assets invested in a limited number of holdings), an adverse event impacting even a small number of holdings could create significant volatility or losses.
  • Shares 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.
  • Active management techniques that have worked well in normal market conditions could prove ineffective or negative for performance at other times.
  • High exposure to a particular country or geographical region carries a higher level of risk than a more broadly diversified portfolio.
  • When a portfolio is concentrated (has a significant portion of its assets invested in a limited number of holdings), an adverse event impacting even a small number of holdings could create significant volatility or losses.
  • Derivatives may be used with the aim of reducing risk or managing the portfolio more efficiently. However, this introduces other risks, in particular, that a derivative counterparty may not meet its contractual obligations.
  • Securities 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.
  • Losses could be incurred if a counterparty became 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.
  • Before investing in any of our funds you should satisfy yourself as to the suitability and the risks involved, you may wish to consult a financial adviser.
  • If you invest through a third party provider you are advised to consult them directly as charges, performance and terms and conditions may differ materially.
  • 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.
  • The Legal Entity Identifier for this product is 635400LX9DDYESCSH482.