Please ensure Javascript is enabled for purposes of website accessibility Institutional High Alpha UK Equity Fund - Janus Henderson Investors
For financial professionals in the UK

Institutional High Alpha UK Equity Fund

ISIN
GB00B1WSC029

NAV
GBP 231.20p
As of 23/05/2024

1-Day Change
GBP -0.30p (-0.13%)
As of 23/05/2024

Overview

INVESTMENT OBJECTIVE

The Fund aims to provide a return, from a combination of capital growth and income over the long term.
Performance target: To outperform the FTSE All Share 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 a concentrated portfolio of shares (also known as equities) of companies, of any size, in any industry, in the UK. Companies will be incorporated, headquartered, or deriving significant revenue from, the UK. The portfolio may be concentrated in terms of its number of holdings and/or the size of its largest holdings. The Fund may also invest in other assets including other shares, cash and money market instruments. The Investment Adviser may use derivatives (complex financial instruments) with the aim of making investment gains in line with the Fund's objective, to reduce risk or to manage the Fund more efficiently. The Fund is actively managed with reference to the FTSE All Share 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 Adviser 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 UK All Companies 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.

PORTFOLIO MANAGEMENT

David Smith, CFA

Portfolio Manager – Henderson High Income | Deputy Portfolio Manager - The City of London Investment Trust

Industry since 2002. Joined Firm in 2002.

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 All Share TR IA UK All Companies
 
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) 6.74 4.67 8.72 24.11 -19.56
FTSE All Share TR 8.43 2.92 13.03 26.71 -18.45
IA UK All Companies 7.63 -1.99 5.29 37.77 -19.16

Index Description

The FTSE All Share Index is a measure of the combined performance of a large number of the companies listed on the London Stock Exchange and includes large, medium and smaller companies. 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 30/04/2024
I Acc (Net) FTSE All Share TR IA UK All Companies
 
  Cumulative Annualised
1MO YTD 1YR 3YR 5YR 10YR Since Inception
31/07/2007
I Acc (Net) 2.04 4.42 5.89 6.47 3.86 5.13 4.95
FTSE All Share TR 2.47 6.13 7.50 7.42 5.40 5.80 5.55
IA UK All Companies 1.81 4.76 6.81 2.76 3.80 4.95 5.01

Index Description

The FTSE All Share Index is a measure of the combined performance of a large number of the companies listed on the London Stock Exchange and includes large, medium and smaller companies. 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 All Share TR IA UK All Companies
2023 2022 2021 2020 2019
I Acc (Net) 9.35 0.56 13.06 -12.05 20.97
FTSE All Share TR 7.92 0.34 18.32 -9.82 19.17
IA UK All Companies 7.35 -9.23 17.15 -6.17 22.37

Index Description

The FTSE All Share Index is a measure of the combined performance of a large number of the companies listed on the London Stock Exchange and includes large, medium and smaller companies. 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 9.35 7.92
2022 0.56 0.34
2021 13.06 18.32
2020 -12.05 -9.82
2019 20.97 19.17
2018 -10.36 -9.47
2017 11.43 13.10
2016 9.93 16.75
2015 4.52 0.98
2014 6.70 1.18
2013 27.33 20.81
2012 14.57 12.30
2011 -2.31 -3.46
2010 14.74 14.51
2009 17.79 30.12
2008 -31.26 -29.93
2007 from 31/07/2007 0.30 1.26
FEE INFORMATION
Initial Charge 0.00%
Annual Charge 0.70%
Ongoing Charge
(As of 31/08/2023)
0.78%

Portfolio

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.
  • 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.
  • This Fund may have a particularly concentrated portfolio relative to its investment universe or other funds in its sector. An adverse event impacting even a small number of holdings could create significant volatility or losses for the Fund.
  • 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.
  • 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.
  • The Fund follows an investment style that creates a bias towards income-generating companies. This may result in the Fund significantly underperforming or outperforming the wider market.
  • Some documents are available in alternative formats. Click here for information on how to request them.
  • 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