Please ensure Javascript is enabled for purposes of website accessibility Horizon Asia-Pacific Property Income Fund - Janus Henderson Investors
For investors in Hong Kong

Horizon Asia-Pacific Property Income Fund

Actively managed fund focused on the managers’ best ideas in Asia-Pacific listed property stocks and REITs to deliver long-term capital appreciation

ISIN
LU0229494975

NAV
USD 15.40
As of 2024/06/18

1-Day Change
USD -0.02 (-0.13%)
As of 2024/06/18

Morningstar Rating

As of 2024/05/31

Key investment risks:

  • The Fund's investments in equities are subject to equity securities risk due to fluctuation of securities values.
  • Investments in the Fund involve general investment, currency, liquidity, hedging, market, economic, political, regulatory, taxation, securities lending related, reverse repurchase transactions related, financial, interest rate and benchmark

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  • risks. In extreme market conditions, you may lose your entire investment.
  • The Fund may invest in financial derivatives instruments to reduce risk and to manage the Fund more efficiently. This may involve counterparty, liquidity, leverage, volatility, valuation and over-the-counter transaction risks and the Fund may suffer significant losses.
  • The Fund's investments are concentrated in the Asia-Pacific property sector and may be more volatile and subject to property securities related risk.
  • The directors may at its discretion pay distributions (i) out of gross investment income and net realised/ unrealised capital gains while charging all or part of the fees and expenses to the capital, resulting in an increase in distributable income for the payment of distributions and therefore, the Fund may effectively pay distributions out of capital; and (ii) additionally for sub-class 4 and sub-class 5 of the Fund, out of original capital invested. This amounts to a return or withdrawal of part of an investor's original investment or from any capital gains attributable to that original investment, and may result in an immediate reduction of the Fund’s net asset value per share.
  • The Fund may charge performance fees. An investor may be subject to such fee even if there is a loss in investment capital.
  • 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.

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Overview

INVESTMENT OBJECTIVE

The Fund aims to provide a sustainable level of income, with a dividend yield higher than that of the FTSE EPRA Nareit Developed Asia Dividend Plus Index, plus the potential for capital growth over the long term.

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The Fund invests at least 75% of its assets in a concentrated portfolio of shares (equities) and equity-related securities of real estate investment trusts (REITs) and companies of any size which will derive the main part of their revenue from owning, developing and managing real estate in the Asia Pacific region.

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ABOUT THIS FUND

  • A broad investable universe and selective approach enables the team to identify stocks with attractive dividend yield and growth characteristics
  • Managed by a specialist team in Singapore, supported by the wider global property equities teams in the UK and the US
  • Offers a liquid means of diversifying into real estate and benefitting from powerful secular themes influencing the asset class

PORTFOLIO MANAGEMENT

Tim Gibson

Co-Head of Global Property Equities | Portfolio Manager

Industry since 2001. Joined Firm in 2011.

Xin Yan Low

Portfolio Manager

Industry since 2007. Joined Firm in 2014.

Performance

Cumulative Performance (%)
As of 2024/05/31
A2 USD
 
  Cumulative
  1MO 3MO 6MO YTD 1YR 3YR 5YR Since Inception
2005/10/03
A2 USD -3.35 -1.00 0.38 -5.65 -3.23 -26.39 -14.77 58.70
Calendar Year Returns (%)
As of 2024/03/31
A2 USD
2023 2022 2021 2020 2019
A2 USD -1.58 -14.85 0.70 -1.48 20.92
Calendar Year Returns (%)
Year A2 USD Index
2023 -1.58 -1.85
2022 -14.85 -11.60
2021 0.70 5.03
2020 -1.48 -9.14
2019 20.92 16.93
2018 -5.05 -0.97
2017 15.47 15.74
2016 0.86 6.53
2015 -4.84 -7.46
2014 -3.40 -0.28
2013 5.58 6.50
2012 42.90 46.80
2011 -26.83 -19.95
2010 22.92 16.61
2009 51.63 45.33
2008 -49.14 -52.07
2007 7.81 14.85
2006 30.04 39.15
2005 from 03/10/2005 12.20 13.74
FEE INFORMATION
Initial Charge 5.00%
Annual Charge 1.20%
Ongoing Charge
(As of 2023/06/30)
1.92%
Performance Fee 10% of the 'Relevant Amount'
Hurdle Rate FTSE EPRA Nareit Developed Asia Dividend Plus Inde

Portfolio

Top Holdings (As of 2024/05/31)
% of Fund
Mitsubishi Estate 8.53
Sino Land 6.61
Swire Properties 5.45
NEXTDC 5.23
Goodman Group 5.05
Scentre Group 5.00
Nomura Real Estate 4.88
Digital Core REIT Management Pte 4.57
CapitaLand Ascendas REIT 4.51
Japan Metropolitan Fund Invest 4.35

Documents