Please ensure Javascript is enabled for purposes of website accessibility Horizon Pan European Absolute Return Fund - Janus Henderson Investors - Singapore Investor
For investors in Singapore

Horizon Pan European Absolute Return Fund

ISIN
LU1120398216

NAV
GBP 15.66
As of 2025/10/16

1-Day Change
GBP -0.02 (-0.13%)
As of 2025/10/16

Overview

INVESTMENT OBJECTIVE

The Fund aims to provide a positive (absolute) return, regardless of market conditions, over any 12 month period. A positive return is not guaranteed over this or any other time period, and particularly over the shorter term the Fund may experience periods of negative returns. Consequently your capital is at risk.

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The Fund invests at least two-thirds of its total assets in shares or equity-related instruments of companies, which are domiciled in or derive most of the revenue from Europe (including UK). The Fund makes extensive use of derivatives (complex financial instruments) to take both ‘long’ and ‘short’ positions in the companies and may invest in companies of any size, in any industry.

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Note: You should not make investment decisions based solely on marketing materials. You should read the Prospectus and the Product Highlights Sheet of the Fund for more details of the investment risks and seek independent professional advice where appropriate.

Portfolio Management

Robert Schramm-Fuchs

Portfolio Manager

Industry since 2005. Joined Firm in 2014.

Performance

This share class has been established for less than a year. To view performance returns please choose an alternative share class, if available.

Discrete Performance (%)
As of 2025/09/30
A2 HGBP (Net) Sterling Overnight Index Average
 
As of 2025/09/30
A2 HGBP (Net)
Sterling Overnight Index Average
Cumulative & Annualised Performance (%)
As of 2025/09/30
A2 HGBP (With Sales Charge)* Sterling Overnight Index Average A2 HGBP (Net)
 
  Cumulative Annualised
1MO 3MO 6MO YTD 1YR 3YR 5YR 10YR Since Inception
2014/12/11
A2 HGBP (With Sales Charge)* -3.69 -1.42 -1.48 2.52 0.75 7.79 5.09 3.59 3.59
Sterling Overnight Index Average 0.33 1.05 2.15 3.32 4.60 4.70 2.96 1.71 1.62
A2 HGBP (Net) 1.38 3.77 3.70 7.91 6.06 9.64 6.18 4.12 4.08

Recommended holding period 5 Years

Example Investment: GBP 10,000

Scenarios If you exit after 1 year If you exit after 5 years
MinimumThere is no minimum guaranteed return. You could lose some or all of your investment
StressWhat you might get back after costs6,840 GBP6,460 GBP
Average return each year-31.59%-8.38%
UnfavourableWhat you might get back after costs8,620 GBP9,960 GBP
Average return each year-13.84%-0.09%
ModerateWhat you might get back after costs9,920 GBP11,710 GBP
Average return each year-0.85%3.21%
FavourableWhat you might get back after costs11,110 GBP13,490 GBP
Average return each year11.09%6.17%
Fee Information
Initial Charge 5.00%
Annual Charge 1.20%
Ongoing Charge
(As of 2024/06/30)
1.90%
Performance Fee 20% of the 'Relevant Amount'
Hurdle Rate Sterling Overnight Index Average (SONIA) + 1%

Portfolio

Top Holdings (As of 2025/09/30)
% of Fund
Airbus 3.03
Erste Group Bank 2.97
EssilorLuxottica 2.57
Danone 2.53
Iberdrola 2.53
Nordic Semiconductor 2.44
Prysmian 2.31
Siemens Energy 2.28
ACS Actividades de Construccion y Servicios 2.26
Rheinmetall 2.23
TOTAL 25.17

Documents