Please ensure Javascript is enabled for purposes of website accessibility European Mid and Large Cap Fund - Janus Henderson Investors
For financial professionals in the UK

European Mid and Large Cap Fund

ISIN
GB0030617699

NAV
GBP 799.30p
As of 12/04/2024

1-Day Change
GBP 4.20p (0.53%)
As of 12/04/2024

Morningstar Rating

As of 31/03/2024

Overview

INVESTMENT OBJECTIVE

The Fund aims to provide capital growth over the long term. Performance target: To outperform the FTSE World Europe Ex UK Index, after the deduction of charges, over any 5 year period.

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The Fund invests at least 80% of its assets in shares (also known as equities) of companies, in any industry, in Europe (excluding UK). Companies will be incorporated, headquartered, listed on an exchange in, or deriving significant revenue from, this region. The Fund may invest in companies of any size, but will normally have a strong bias towards medium sized companies with the potential to grow into large sized companies. The Fund may also invest in other assets including 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 FTSE World Europe Ex UK Index, which is broadly representative of the companies in which it may invest, as this forms the basis of the Fund's performance target. The Investment Manager has discretion to choose investments for the Fund with weightings different to the index or not in the index. As an additional means of assessing the performance of the Fund, the IA Europe ex UK sector average, which is based on a peer group of broadly similar funds, may also provide a useful comparator.

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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.

ABOUT THIS FUND

  • Focuses on identifying contrarian quality in companies that can generate superior returns on capital employed
  • Uncovering hidden potential through comprehensive analysis, a disciplined valuation approach, and a focus on mid-cap companies
  • Differentiated portfolio construction designed to minimise factor risk with alpha driven by stock selection
©2023 FE fundinfo. All Rights Reserved. The information, data, analyses, and opinions contained herein (1) include the proprietary information of FE fundinfo, (2) may not be copied or redistributed, (3) do not constitute investment advice offered by FE fundinfo, (4) are provided solely for informational purposes and therefore are not an offer to buy or sell a security, and (5) are not warranted to be correct, complete, or accurate. FE fundinfo shall not be responsible for any trading decisions, damages, or other losses resulting from, or related to, this information, data, analyses, or opinions or their use. FE fundinfo does not guarantee that a fund will perform in line with its FE Investments Approved Rating as it is a reflection of past performance only. Likewise, the FE Investments Approved Rating should not be seen as any sort of guarantee or assessment of the creditworthiness of a fund or of its underlying securities and should not be used as the sole basis for making any investment decision.

PORTFOLIO MANAGEMENT

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.
Discrete Performance (%)
As of 31/03/2024
I Acc (Net) FTSE World Europe ex UK TR IA Europe ex UK
 
Quarter End
As of 31/03/2024
Mar-2023 - Mar-2024 Mar-2022 - Mar-2023 Mar-2021 - Mar-2022 Mar-2020 - Mar-2021 Mar-2019 - Mar-2020
I Acc (Net) 12.12 9.35 5.54 38.33 -10.25
FTSE World Europe ex UK TR 13.78 8.73 6.51 34.86 -7.96
IA Europe ex UK 12.45 6.60 4.36 39.55 -9.23

Index Description

The FTSE World Europe (Ex UK) Index is a measure of the combined performance of large and medium sized companies from developed and advanced emerging European stock markets excluding the UK. It is the performance target for the Fund and provides a useful comparison against which the Fund's performance can be assessed over time.

Peer Group Description

The Investment Association (IA) groups funds with similar geographic and/or investment remit into sectors. The Fund's ranking within the sector (as calculated by a number of data providers) can be a useful performance comparison against other funds with similar aims.

Cumulative & Annualised Performance (%)
As of 31/03/2024
I Acc (Net) FTSE World Europe ex UK TR IA Europe ex UK
 
  Cumulative Annualised
1MO YTD 1YR 3YR 5YR 10YR Since Inception
20/07/2001
I Acc (Net) 3.57 7.76 12.12 8.97 9.94 9.16 9.60
FTSE World Europe ex UK TR 3.71 6.85 13.78 9.63 10.34 8.70 7.49
IA Europe ex UK 3.45 6.44 12.45 7.75 9.64 7.99 7.10

Index Description

The FTSE World Europe (Ex UK) Index is a measure of the combined performance of large and medium sized companies from developed and advanced emerging European stock markets excluding the UK. It is the performance target for the Fund and provides a useful comparison against which the Fund's performance can be assessed over time.

Peer Group Description

The Investment Association (IA) groups funds with similar geographic and/or investment remit into sectors. The Fund's ranking within the sector (as calculated by a number of data providers) can be a useful performance comparison against other funds with similar aims.

Calendar Year Returns (%)
As of 31/03/2024
I Acc (Net) FTSE World Europe ex UK TR IA Europe ex UK
2023 2022 2021 2020 2019
I Acc (Net) 10.45 -2.02 15.16 8.40 18.30
FTSE World Europe ex UK TR 15.68 -6.98 17.40 8.62 20.45
IA Europe ex UK 14.25 -8.90 15.65 10.53 20.38

Index Description

The FTSE World Europe (Ex UK) Index is a measure of the combined performance of large and medium sized companies from developed and advanced emerging European stock markets excluding the UK. It is the performance target for the Fund and provides a useful comparison against which the Fund's performance can be assessed over time.

Peer Group Description

The Investment Association (IA) groups funds with similar geographic and/or investment remit into sectors. The Fund's ranking within the sector (as calculated by a number of data providers) can be a useful performance comparison against other funds with similar aims.

Calendar Year Returns (%)
Year I Acc (Net) Index
2023 10.45 15.68
2022 -2.02 -6.98
2021 15.16 17.40
2020 8.40 8.62
2019 18.30 20.45
2018 -14.25 -9.45
2017 20.59 17.53
2016 18.00 19.69
2015 12.12 5.35
2014 4.65 0.16
2013 25.64 25.18
2012 17.07 17.82
2011 -12.65 -14.71
2010 19.01 5.75
2009 27.32 20.09
2008 -22.84 -23.99
2007 5.31 15.72
2006 28.21 20.13
2005 23.33 24.08
2004 24.31 13.83
2003 33.75 29.74
2002 -15.82 -27.04
2001 from 20/07/2001 -7.19 -3.75
FEE INFORMATION
Initial Charge 0.00%
Annual Charge 0.75%
Ongoing Charge
(As of 31/08/2023)
0.85%

Portfolio

Top Holdings (As of 29/02/2024)
% OF FUND
Novo Nordisk 5.53
ASML 4.91
TotalEnergies 3.51
ASR Nederland 3.22
LVMH Moet Hennessy Louis Vuitton 3.20
SPIE 3.01
RELX 2.78
Carlsberg 2.66
SAP 2.64
BNP Paribas 2.63

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.
  • Shares of small and mid-size companies can be more volatile than shares of larger companies, and at times it may be difficult to value or to sell shares at desired times and prices, increasing the risk of losses.
  • If a Fund has a high exposure to a particular country or geographical region it carries a higher level of risk than a Fund which is more broadly diversified.
  • The Fund may use derivatives 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.
  • 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.
  • 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.
  • For detailed product information including the risks associated with investing please read the relevant Prospectus or Annual Report.