At a special meeting of shareholders of Janus Henderson International Opportunities Fund (the “Fund”) held on May 18, 2023, shareholders approved an Agreement and Plan of Reorganization, which provides for the transfer of all or substantially all of the assets of the Fund to Janus Henderson Overseas Fund (the “Acquiring Fund”) in exchange for shares of beneficial interest of the Acquiring Fund and the assumption by the Acquiring Fund of all of the liabilities of the Fund, and subsequently the complete termination of the Fund.
As a result of the above changes, effective on or about June 9, 2023, or as soon as practicable thereafter, the Fund will merge with the Acquiring Fund and all references to the Fund in the prospectuses and statement of additional information will be deleted.
ABOUT THIS FUND
An international equity fund that seeks long-term growth of capital. The Fund employs a multi-sub-portfolio approach where underlying sub-portfolio managers are able to focus on their highest-conviction ideas.
WHY INVEST IN THIS FUND
The Fund employs six geographically- and style-focused sub-portfolios focused on specific areas of sector or geographical expertise. The Fund primarily invests in equities listed on European, Australasian and Far Eastern (EAFE) exchanges.
Concentrated Regional Exposure
Underlying managers select approximately 10 or 15 of their best ideas for each sub-portfolio. By harnessing geographical and specialist expertise, we seek to identify opportunities overlooked by a generalist approach.
Bottom-Up Stock Selection
We believe that stock selection and fundamental research drive returns. The regional asset allocation and currency exposures are actively managed. Changes to the sub-portfolio allocation are made gradually and macro calls are expected to be a smaller component of return relative to stock selection.
At Janus Henderson, we believe in the sharing of expert insight for better investment and business decisions. We call this ethos Knowledge Shared.