Please ensure Javascript is enabled for purposes of website accessibility Global Research-Engineered Equity Active Core UCITS ETF - Janus Henderson Investors - UK private investors
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For individual investors in the UK

JGBL Global Research-Engineered Equity Active Core UCITS ETF

Core equity exposure targeting consistent outperformance.

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ISIN
IE000Y3FZEN4

NAV
USD 10.98
As of 21/05/2026

JGBL
Global Research-Engineered Equity Active Core UCITS ETF

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Overview

Investment objective

The Fund aims to outperform the Index Benchmark, MSCI World (the Index), over the long term by investing in an actively managed portfolio of equity securities and/or depositary receipts issued by global companies.

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Under normal circumstances, the Fund will invest at least 80% of its assets in equity securities or depositary receipts issued by global developed market companies. It may also invest up to 15% of its assets in equity securities and/or depositary receipts of emerging market companies. The Fund may invest in companies of any size in any industry. The Fund may also hold cash. It may use derivatives for the purposes of hedging/risk reduction and will use FX forwards to hedge currency risk in 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.

Investors wishing to invest in this fund can do so via a third party provider or by contacting a professional financial adviser.

About this fund

The Fund aims to outperform the Index Benchmark over the long term by investing in an actively managed portfolio of equity securities and/or depositary receipts issued by global companies.

Past performance does not predict future returns. 
 

Why invest in this fund

Expert insights

Based on deep fundamental research by expert analysts, working within world-class sector teams.

A proven process

Leveraging two decades of experience constructing portfolios to deliver alpha from analyst insights.

Low active risk

Engineered to maximise stock selection, minimise systemic risk and limit tracking error.

Performance scenarios

Recommended hold period: 5 years
Investment: 10000 $
Scenarios If you exit after 1 year If you exit after the 5-year recommended holding period
Minimum There is no minimum guaranteed return. You could lose some or all of your investment.
Stress Scenario What you might get back after costs 4063.63 $ 3643.58 $
Average Return each year -59.364% -18.284%
Unfavourable Scenario What you might get back after costs 8036.71 $ 11393.00 $
Average Return each year -19.633% 2.643%
Moderate Scenario What you might get back after costs 11393.00 $ 17668.16 $
Average Return each year 13.930% 12.057%
Favourable Scenario What you might get back after costs 15403.34 $ 21119.68 $
Average Return each year 54.033% 16.128%

Portfolio characteristics

(As of 30/04/2026)

Number of holdings: 191
Active share: 52.94
Weighted average market cap: 1,082,625
Price-to-book ratio: 4.26
Price-to-earnings ratio: 18.07

Listings Information

Exchange Ticker Currency SEDOL WKN Bloomberg Ticker RIC
Xetra JGBL GY EUR BTNNVB6 A41F18 JGBL GY EQUITY JGBL.DE
London Stock Exchange JGBL LN USD BTY5WB8 A41F18 JGBL LN EQUITY JGBL.L
Borsa Italiana JGBL IM EUR BVBG6D8 A41F18 JGBL IM EQUITY JGBL.MI
BX Swiss JGBL SE USD BVBQS98 A41F18 JGBL SE EQUITY JGBL.S
London Stock Exchange JGBT LN GBP BTY4XR8 A41F18 JGBT LN EQUITY JGBT.L

Portfolio Management

Joshua Cummings, CFA: Portfolio Manager | Research Analyst
Joshua Cummings, CFA

Portfolio Manager | Research Analyst

Industry since 1996. Joined Firm in 2016.

John Jordan: Portfolio Manager | Research Analyst
John Jordan

Portfolio Manager | Research Analyst

Industry since 1997. Joined Firm in 2008.

Jeremy Tjaden, CFA: Portfolio Manager | Analyst | Quantitative Solutions
Jeremy Tjaden, CFA

Portfolio Manager | Analyst | Quantitative Solutions

Industry since 2014. Joined Firm in 2025.

Performance

There is currently insufficient data to provide a useful indication of past performance to investors. This share class has been established for less than a year. To view performance returns please choose an alternative share class, if available.

Fee Information
Initial Charge 0.00%
Annual Charge 0.30%
Ongoing Charge
(As of ) 		-
For more information about charges, please see our fund charges page or the “charges” section of the fund’s prospectus.

A single All-in-Fee expressed as a total expense ratio ("Total Expense Ratio/TER" or "Annual Management Charge/AMC") is payable out of the assets of the relevant Fund for all ongoing fees and expenses. Further information can be found in section "Fees, Charges and Expenses" section of the Prospectus and/or Fund Supplement to the Prospectus.

Portfolio

Market Capitalization Range of Equity Holdings % of Fund % of Index % of Fund % of Index As of 30/04/2026

Please note: due to rounding the figures in the holdings breakdowns may not add up to 100%.

Sector Allocation % of Fund % of Index % of Fund % of Index As of 30/04/2026

Please note: due to rounding the figures in the holdings breakdowns may not add up to 100%.

Documents

Related Insights

Differentiated insights are central to our investment approach.

Research in focus: Quarterly sector update
23 Apr 2026
Features & Outlooks

Research in focus: Quarterly sector update

Despite the volatile macro environment, the Research Team continues to see compelling opportunities across sectors shaped by powerful secular themes.

Read More

Global Perspectives: Opportunities in energy and financials amid shifting sector leadership
11 Feb 2026
Timely & Topical

Global Perspectives: Opportunities in energy and financials amid shifting sector leadership

How interest rates, AI trends, and evolving policy dynamics are influencing the outlook for the energy and financial sectors.

Read More

Global Research: All in play as the corporate sector enters the AI era
8 Jan 2026
Features & Outlooks

Global Research: All in play as the corporate sector enters the AI era

The Global Research Team argues that the next few years should prove AI is more than a tech story as companies across sectors seek to leverage its potential for efficiency gains.

Read More

  • 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.
  • Emerging markets expose investors to higher volatility and greater risk of loss than developed markets; they are susceptible to adverse political and economic events and may be less well-regulated with less robust custody and settlement procedures.
  • 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.
  • Emerging markets expose investors to higher volatility and greater risk of loss than developed markets; they are susceptible to adverse political and economic events, and may be less well regulated with less robust custody and settlement procedures.
  • High exposure to a particular country or geographical region carries a higher level of risk than a more broadly diversified portfolio.
  • 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 635400WDAHL57YDKN415.

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