Please ensure Javascript is enabled for purposes of website accessibility Balanced Fund - Janus Henderson Investors
For investors in Hong Kong

Balanced Fund

For over 30 years, this dynamic allocation strategy has delivered our equity and fixed income expertise in a one-stop core solution

ISIN
IE0031118809

NAV
USD 31.83
As of 2024/04/18

1-Day Change
USD -0.09 (-0.28%)
 As of 2024/04/18

Morningstar Rating

As of 2024/03/31

Key investment risks:

  • The Fund's investments in equities are subject to equity market risk due to fluctuation of securities values.
  • The Fund invests in debt securities and asset/ mortgage-backed securities/ commercial papers; and is subject to greater interest rate, credit/ counterparty, volatility, liquidity, downgrading, valuation, credit rating risks.It may be more

More

  • volatile.
  • Investments in the Fund involve general investment, RMB currency and conversion, currency, hedging, economic, political, policy, foreign exchange, liquidity, tax, legal, regulatory and securities financing transactions related risks. In extreme market conditions, you may lose your entire investment.
  • The Fund may invest in financial derivatives instruments for investment and efficient portfolio management purposes. This may involve counterparty, liquidity, leverage, volatility, valuation, over-the-counter transaction, credit, currency, index, settlement default and interest risks; and the Fund may suffer total or substantial losses.
  • The Fund's investments are concentrated in US companies/ debt securities and may be more volatile.
  • The Fund may at its discretion pay dividends (i) pay dividends out of the capital of the Fund, and/ or (ii) pay dividends out of gross income while charging all or part of the fees and expenses to the capital of the Fund, resulting in an increase in distributable income available for the payment of dividends by the Fund and therefore, the Fund may effectively pay dividends out of capital. This may result in an immediate reduction of the Fund’s net asset value per share, and it amounts to a return or withdrawal of part of an investor’s original investment or from any capital gains attributable to that original investment.
  • Investors should not only base on this document alone to make investment decisions and should read the offering documents including the risk factors for further details.

Less

Overview

INVESTMENT OBJECTIVE

The Fund aims to provide a return, from a combination of capital growth and income.

More

The Fund invests between 35%-65% of its assets in the shares (equities) of mainly US companies, and between 35%-65% of its assets in debt securities and loan participations of any quality, including high yield (non-investment grade) bonds and loans (non-investment grade) issued mainly by US companies or the US issuers.

Less

ABOUT THIS FUND

  • High-conviction large-cap growth equities paired with an active intermediate-term bond strategy
  • Dynamic asset allocation strategy that has the flexibility to defensively position ahead of market volatility by migrating from 35-65% equity depending on conditions
  • Integrated research allows our equity and fixed income analysts to work side by side covering the same global sectors

PORTFOLIO MANAGEMENT

Jeremiah Buckley, CFA

Jeremiah Buckley, CFA

Portfolio Manager

Industry since 1998. Joined Firm in 1998.

Greg Wilensky, CFA

Greg Wilensky, CFA

Head of U.S. Fixed Income | Portfolio Manager

Industry since 1993. Joined Firm in 2020.

Michael Keough

Michael Keough

Portfolio Manager

Industry since 2006. Joined Firm in 2007.

Performance

Cumulative Performance (%)
As of 2024/03/31
B2 USD
 
  Cumulative
  1MO 3MO 6MO YTD 1YR 3YR 5YR Since Inception
1998/12/24
B2 USD 1.91 6.37 15.76 6.37 14.51 10.46 37.24 230.60
Source: Morningstar, Inc., NAV-NAV, gross income reinvested where applicable. Past performance cannot guarantee future results.
Calendar Year Returns (%)
As of 2024/03/31
B2 USD
2023 2022 2021 2020 2019
B2 USD 12.49 -18.40 14.31 11.48 18.88
Calendar Year Returns (%)
Year B2 USD Index
2023 12.49 16.62
2022 -18.40 -15.52
2021 14.31 14.32
2020 11.48 14.20
2019 18.88 21.03
2018 -1.93 -2.12
2017 15.28 13.29
2016 1.96 7.84
2015 -1.52 1.25
2014 3.31 10.23
2013 15.24 15.81
2012 10.34 10.72
2011 -1.32 4.99
2010 5.49 11.71
2009 22.34 16.65
2008 -18.83 -19.84
2007 7.65 6.43
2006 8.11 10.28
2005 5.50 3.86
2004 5.64 7.91
2003 11.69 17.54
2002 -8.83 -7.89
2001 -7.03 -2.65
2000 -2.40 0.13
1999 21.61 10.23
1998 from 24/12/1998 -0.50 0.62
Source: Morningstar, Inc., NAV-NAV, gross income reinvested where applicable. Past performance cannot guarantee future results.
FEE INFORMATION
Initial Charge 0.00%
Annual Charge 1.00%
Ongoing Charge
(As of 2022/12/31) 		2.89%
The ongoing charge is calculated using the Packaged Retail Investment Product (PRIIPs) methodology. The PRIIPs methodology differs to the UCITS ongoing charge methodology, as the PRIIPS methodology captures additional recurring charges, including but not limited to: a. Interest paid on borrowing (e.g. bank interest) b. Any fees incurred in relation to stock-lending activity (i.e. the fee paid to the lending agent) c. Any costs associated with holding closed-ended vehicles.
Please refer to the offering documents for more details on the fees and expenses.

Portfolio

Top Holdings (As of 2024/03/31)
% OF FUND
Microsoft Corp 6.14
NVIDIA Corp 4.11
Apple Inc 2.82
Alphabet Inc 2.70
Mastercard Inc 2.44
Amazon.com Inc 2.32
Meta Platforms Inc 2.19
UnitedHealth Group Inc 1.77
Lam Research Corp 1.62
Progressive Corp 1.53
TOTAL 27.64
Portfolio holdings are subject to change without notice. 

Documents

Related Insights

Our intellectual capital is readily available and central to our Knowledge Shared approach"
Related Insights
Quick View: March U.S. CPI – Three times makes a trend
10 Apr 2024
Timely & Topical

Quick View: March U.S. CPI – Three times makes a trend

While stickier-than-expected inflation undoubtedly alters the timing of rate cuts, it likely does not affect the Fed’s goal of eventually easing restrictive policy.

4 min read

The destructive power of portfolio volatility (and what investors can do about it)
26 Feb 2024
Timely & Topical

The destructive power of portfolio volatility (and what investors can do about it)

Why portfolio volatility is a risk for investors and how to help mitigate this risk.

6 min read

Does your balanced fund have these three essentials?
5 Feb 2024
Timely & Topical

Does your balanced fund have these three essentials?

The three essential elements of an effective balanced strategy in the current environment.

6 min read