Please ensure Javascript is enabled for purposes of website accessibility Global Real Estate Fund - Janus Henderson Investors
For Financial Professionals in the US

JERIX Global Real Estate Fund

Our team of real estate experts combines a boots-on-the-ground presence with in-depth market knowledge, seeking to create a truly active, high-conviction portfolio.

NAV
$11.36
As of 05/22/2024

1-Day Change
-$0.08 (-0.70%)
As of 05/22/2024

YTD Return
-2.84%
As of 05/22/2024

Morningstar Rating

As of 04/30/2024

Morningstar Medalist Rating ™

Silver Morningstar Analyst Rating
As of 10/31/2023

Overview

ABOUT THIS FUND

A global equity fund that seeks to provide investors total returns – both capital appreciation and current income – associated with global real estate growth and development. The Fund seeks to own a portfolio of the most compelling real estate equities listed on regulated exchanges throughout the world. These companies will derive the main part of their revenue from the ownership, management and/or development of real estate. Our strategy is long only with the objective of producing strong relative performance while providing genuine exposure to global real estate fundamentals and managing risk by being benchmark aware.

WHY INVEST IN THIS FUND

Multi-Local Presence
Fund managers and analysts based in Europe, Asia and North America provide valuable local expertise in stock selection. Regional investment processes are tailored to each market.

Risk-Aware, Active Management
The portfolio managers take an active approach, emphasizing qualitative considerations, in-depth company research and quantitative projections.

High Conviction, All-Cap Portfolio
A “best ideas” stock portfolio selected from a wide universe, seeking to add value across the market-cap spectrum.

 

PORTFOLIO MANAGEMENT

Guy Barnard, CFA

Co-Head of Global Property Equities | Portfolio Manager

Industry since 2003. Joined Firm in 2006.

Tim Gibson

Co-Head of Global Property Equities | Portfolio Manager

Industry since 2001. Joined Firm in 2011.

Greg Kuhl, CFA

Portfolio Manager

Industry since 2005. Joined Firm in 2015.

Performance

RETURNS (%) (As of 03/31/2024)
Global Real Estate Fund - I Shares FTSE EPRA Nareit Global Index FTSE EPRA Nareit Global Net Index
 
3M YTD 1YR 3YR 5YR 10YR Since Inception
(11/28/2007)
Global Real Estate Fund - I Shares -1.13 -1.13 5.17 -2.14 2.19 5.02 4.82
FTSE EPRA Nareit Global Index -1.29 -1.29 7.55 -1.30 -0.10 3.63 2.66
FTSE EPRA Nareit Global Net Index -1.53 -1.53 6.47 -2.18 -1.00 2.74
RETURNS (%) (As of 04/30/2024)
Global Real Estate Fund - I Shares FTSE EPRA Nareit Global Index FTSE EPRA Nareit Global Net Index
 
3M YTD 1YR 3YR 5YR 10YR Since Inception
(11/28/2007)
Global Real Estate Fund - I Shares -3.16 -7.45 -4.02 -6.30 0.69 4.23 4.38
FTSE EPRA Nareit Global Index -2.68 -6.71 -0.25 -4.87 -1.01 2.76 2.30
FTSE EPRA Nareit Global Net Index -2.94 -6.99 -1.26 -5.72 -1.90 1.88
Calendar Year Returns (%)
Global Real Estate Fund - I Shares FTSE EPRA Nareit Global Index
2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Global Real Estate Fund - I Shares 7.59 -25.23 22.40 1.39 30.88 -3.13 17.72 3.50 -1.94 14.23
FTSE EPRA Nareit Global Index 9.78 -23.58 23.04 -9.16 23.58 -5.55 15.01 4.62 -0.41 14.73

MORNINGSTAR PERCENTILE

(As Of 03/31/2024)
1 YR 3 YR 5 YR 10 YR SINCE INCEPTION
Percentile Ranking 85 75 19 10 3
Global Real Estate | Rank/Count 161/186 137/174 48/174 22/146 5/103
(As Of 04/30/2024)
1 YR 3 YR 5 YR 10 YR SINCE INCEPTION
Percentile Ranking 90 74 25 10 3
Global Real Estate | Rank / Count 167/187 140/176 60/174 22/146 5/103

GROWTH OF A HYPOTHETICAL INVESTMENT

Global Real Estate Fund - I Shares Global Real Estate

RETURNS-BASED STATISTICS (As of 04/30/2024 Class I Shares)

RISK / REWARD
VS. FTSE EPRA/NAREIT Global Net Index
3YR 5YR
Information Ratio -0.24 0.55
Alpha -0.41 2.21
Tracking Error 2.61 4.77
Beta 1.02 0.92
R-squared (%) 98.27 94.99
UP/DOWN MARKET CAPTURE (%)
VS. FTSE EPRA/NAREIT Global Net Index
3YR 5YR
Up Capture Ratio 101.93 102.43
Down Capture Ratio 102.31 94.22
STANDARD DEVIATION 3YR 5YR
Global Real Estate Fund 19.50 18.90
FTSE EPRA/NAREIT Global Net Index 19.02 19.98
SHARPE RATIO 3YR 5YR
Global Real Estate Fund -0.46 -0.07
FTSE EPRA/NAREIT Global Net Index -0.44 -0.19
ANNUAL FEES & EXPENSES (As of the most recent prospectus)
CLASS I SHARES
Management Fees 0.77%
Other Expenses 0.20%
Total Gross Expenses 0.97%
Waivers 0.00%
Total Net Expenses 0.97%

Portfolio

Index represents the FTSE EPRA Nareit Global Net Index.

Top Holdings (As of 04/30/2024)
% of Fund
Equinix Inc 6.14
Welltower Inc 4.24
Prologis Inc 3.95
Extra Space Storage Inc 3.52
CubeSmart 3.24
Mitsubishi Estate Co Ltd 3.24
Goodman Group 2.85
Sabra Health Care REIT Inc 2.85
AvalonBay Communities Inc 2.81
Mitsui Fudosan Co Ltd 2.78
TOTAL 35.62
View full holdings
Sector Allocation % of Fund % of Index % of Fund % of Index As of 04/30/2024
Regional Allocation % of Fund % of Index % of Fund % of Index As of 04/30/2024
Developed vs Emerging Markets % of Fund % of Index % of Fund % of Index As of 04/30/2024
Market Capitalization Range of Equity Holdings % of Fund % of Index % of Fund % of Index As of 04/30/2024

Documents