Please ensure Javascript is enabled for purposes of website accessibility Global Allocation Fund - Growth - Janus Henderson Investors
{{banner.link_text}}
For Financial Professionals in the US

JGCAX Global Allocation Fund - Growth

This fund of funds offers broad global diversification by utilizing the full spectrum of Janus Henderson Investment expertise and solutions

NAV
$13.90
As of 09/18/2024

1-Day Change
-$0.04 (-0.29%)
 As of 09/18/2024

YTD Return at NAV
10.49%
As of 09/18/2024

Overview

ABOUT THIS FUND

This fund of funds offers broad global diversification for investors by utilizing the full spectrum of Janus Henderson’s investment expertise and solutions, with the goal of providing higher risk-adjusted returns than the broader markets.

WHY INVEST IN THIS FUND

Actively Managed Diversification
This fund actively allocates across a range of actively managed equity, fixed income and alternative asset classes while providing opportunity for higher returns and lower volatility through the benefits of diversification.

Powered by Janus Henderson’s Investment Expertise
The Portfolio Managers select from the full range of our investment groups’ expertise to build this portfolio, allowing for more complete diversification across investment styles, geographies and asset classes.

Defined Risk
Targeting an allocation of 70% to 85% equities, 10% to 25% fixed income, and 5% to 20% alternatives, this fund may be suitable for growth investors desiring a well-diversified portfolio that seeks to exceed the long-term returns of broad markets.

PORTFOLIO MANAGEMENT

Ashwin Alankar, Ph.D.

Ashwin Alankar, Ph.D.

Head of Global Asset Allocation | Portfolio Manager

Industry since 2001. Joined Firm in 2014.

Nick Harper, CFA

Nick Harper, CFA

Portfolio Manager  

Industry since 2010. Joined Firm in 2014.

Performance

RETURNS (%) (As of 06/30/2024)
Global Allocation Fund - Growth - A Shares (NAV) Global Allocation Fund - Growth - A Shares (MOP) MSCI All Country World NR Index Global Growth Allocation Index
 
3M YTD 1YR 3YR 5YR 10YR Since Inception
(12/30/2005)
Global Allocation Fund - Growth - A Shares (NAV) 0.90 7.23 12.46 0.25 5.84 4.97 6.10
Global Allocation Fund - Growth - A Shares (MOP) -4.90 1.07 6.00 -1.71 4.59 4.35 5.76
MSCI All Country World NR Index 2.87 11.30 19.38 5.43 10.75 8.43 7.38
Global Growth Allocation Index 2.07 8.29 15.51 3.26 8.24 6.74 6.50
Returns quoted are past performance and do not guarantee future results; current performance may be lower or higher. Investment returns and principal value will vary; there may be a gain or loss when shares are sold.

Maximum Offering Price (MOP) returns include the maximum sales charge of 5.75%. Net Asset Value (NAV) returns exclude this charge, which would have reduced returns.

Performance for Class A Shares that includes periods prior to 7/6/09 reflects the performance of one or more share classes of the Fund or a predecessor fund, adjusted, where applicable and permitted, for differing fees and expenses. See the Fund’s prospectus for further details.

Returns include reinvestment of dividends and capital gains. Returns greater than one year are annualized.

RETURNS (%) (As of 08/31/2024)
Global Allocation Fund - Growth - A Shares (NAV) Global Allocation Fund - Growth - A Shares (MOP) MSCI All Country World NR Index Global Growth Allocation Index
 
3M YTD 1YR 3YR 5YR 10YR Since Inception
(12/30/2005)
Global Allocation Fund - Growth - A Shares (NAV) 5.16 11.76 17.70 1.09 6.96 5.38 6.28
Global Allocation Fund - Growth - A Shares (MOP) -0.89 5.34 10.93 -0.88 5.70 4.76 5.94
MSCI All Country World NR Index 6.51 15.97 23.44 5.77 12.14 8.77 7.55
Global Growth Allocation Index 6.28 13.05 20.01 3.80 9.46 7.13 6.68
Returns quoted are past performance and do not guarantee future results; current performance may be lower or higher. Investment returns and principal value will vary; there may be a gain or loss when shares are sold.

Maximum Offering Price (MOP) returns include the maximum sales charge of 5.75%. Net Asset Value (NAV) returns exclude this charge, which would have reduced returns.

Performance for Class A Shares that includes periods prior to 7/6/09 reflects the performance of one or more share classes of the Fund or a predecessor fund, adjusted, where applicable and permitted, for differing fees and expenses. See the Fund’s prospectus for further details.

Returns include reinvestment of dividends and capital gains. Returns greater than one year are annualized.

Calendar Year Returns (%)
MSCI All Country World NR Index Global Allocation Fund - Growth - A Shares (NAV)
2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
MSCI All Country World NR Index 22.20 -18.36 18.54 16.25 26.60 -9.41 23.97 7.86 -2.36 4.16
Global Allocation Fund - Growth - A Shares (NAV) 13.57 -18.06 10.16 14.33 19.74 -8.40 19.55 3.34 -2.25 2.92
Calendar Year Returns (%)
Year A USD (Net) Global Growth Allocation Index (80%ACWI/20%BBGAgg) US Fund Global Allocation
2023 13.57 18.78
2022 -18.06 -17.82
2021 10.16 13.58
2020 14.33 15.26
2019 19.74 22.55
2018 -8.40 -7.68
2017 19.55 20.49
2016 3.34 6.80
2015 -2.25 -2.38
2014 2.92 3.48
2013 19.44 17.32
2012 14.69 13.80
2011 -6.56 -4.70
2010 13.34 11.47
2009 35.46 28.93
2008 -35.08 -34.44
2007 15.44 11.33
2006 18.21 18.02
2005 from 12/30/2005 -0.00 0.00
Fund returns shown are at Net Asset Value (NAV) and exclude sales charges, which would have reduced returns.

MORNINGSTAR PERCENTILE

(As Of 06/30/2024)
1 YR 3 YR 5 YR 10 YR SINCE INCEPTION
Percentile Ranking 29 70 34 24 22
Global Allocation | Rank/Count 82/351 248/343 114/342 74/304 36/186
(As Of 08/31/2024)
1 YR 3 YR 5 YR 10 YR SINCE INCEPTION
Percentile Ranking 24 70 34 24 23
Global Allocation | Rank / Count 87/353 249/343 120/342 74/304 44/186

GROWTH OF A HYPOTHETICAL INVESTMENT

Global Allocation Fund - Growth - A Shares (NAV) Global Growth Allocation Index Global Allocation
Fund returns shown are at Net Asset Value (NAV) and exclude sales charges, which would have reduced returns.
Source: Morningstar, Inc.
This graph compares the performance of a hypothetical $1 investment in the fund, the fund’s Morningstar category average and its benchmark(s).

RETURNS-BASED STATISTICS (As of 08/31/2024 Class I Shares)

RISK / REWARD
VS. Global Growth Allocation Index (80%ACWI/20%BBGAgg)		 3YR 5YR
Information Ratio -1.03 -0.79
Alpha -2.37 -2.09
Tracking Error 2.29 2.58
Beta 1.00 1.01
R-squared (%) 97.58 97.18
UP/DOWN MARKET CAPTURE (%)
VS. Global Growth Allocation Index (80%ACWI/20%BBGAgg)		 3YR 5YR
Up Capture Ratio 91.86 92.62
Down Capture Ratio 102.96 102.12
STANDARD DEVIATION 3YR 5YR
Global Allocation Fund - Growth 15.04 15.31
Global Growth Allocation Index (80%ACWI/20%BBGAgg) 14.91 14.98
SHARPE RATIO 3YR 5YR
Global Allocation Fund - Growth -0.14 0.31
Global Growth Allocation Index (80%ACWI/20%BBGAgg) 0.02 0.47
ANNUAL FEES & EXPENSES (As of the most recent prospectus)
CLASS A SHARES
Management Fees 0.05%
12b-1 Fees 0.25%
Other Expenses 0.68%
Total Gross Expenses 0.98%
Waivers 0.00%
Total Net Expenses 0.98%
Net expense ratios reflect the expense waiver, if any, contractually agreed to for at least a one-year period commencing on June 20, 2024. This contractual waiver may be terminated or modified only at the discretion of the Board of Trustees.

Portfolio

Index represents the MSCI All Country World Index℠.

Top Holdings (As of 08/31/2024)
% of Fund
Janus Henderson Overseas Fund 25.86
Vanguard FTSE Emerging Markets ETF 13.85
Janus Henderson Growth And Income Fund 9.72
Janus Henderson Enterprise Fund 9.29
Janus Henderson Research Fund 7.59
Janus Henderson Developed World Bond Fund 5.40
Janus Henderson Adaptive Risk Managed U.S. Equity Fund 5.25
Vanguard Value ETF 5.12
iShares Russell 2000 Value ETF 4.04
Janus Henderson Flexible Bond Fund 3.93
View full holdings

Documents

Related Insights

Our intellectual capital is readily available and central to our Knowledge Shared approach"
Related Insights
An options-implied analysis of the U.S. presidential election: Part II
Sep 6, 2024
Timely & Topical

An options-implied analysis of the U.S. presidential election: Part II

Signals embedded in options markets indicate a closer race for the White House than suggested by consensus polling data.

5 min read

An options-implied analysis of the U.S. presidential election
Jul 1, 2024
Timely & Topical

An options-implied analysis of the U.S. presidential election

In light of recent developments in the U.S. presidential campaign, signals embedded in options markets now indicate nearly even odds between President Biden and former President Trump.

4 min read

Options markets’ answers to investors’ most pressing questions
Mar 21, 2024
Timely & Topical

Options markets’ answers to investors’ most pressing questions

Signals within options markets indicate that artificial intelligence could lead to higher levels of productivity, profitability, and real interest rates.

7 min read

Choose region

Country

Language

What type of investor are you?