Please ensure Javascript is enabled for purposes of website accessibility VIT Global Technology and Innovation Portfolio - Janus Henderson Investors - US Advisor
{{banner.link_text}}
For Financial Professionals in the US

JGLTX VIT Global Technology and Innovation Portfolio

Our deep and experienced tech team seeks growth through innovation in this complex and dynamic sector

NAV
$19.78
As of 03/14/2025

1-Day Change
$0.50 (2.59%)
 As of 03/14/2025

YTD Return
-6.30%
As of 03/14/2025

Morningstar Rating

As of 02/28/2025

Morningstar Medalist Rating ™

Bronze Morningstar Analyst Rating
As of 01/31/2025

Overview

About This Portfolio

This global growth portfolio invests in companies that create and benefit from advances in technology. We invest in companies we believe to be resilient and also take smaller positions in companies that have optionality – meaning large potential upside under a specific scenario. The Portfolio seeks to provide strong long-term returns with volatility characteristics on par with its peers.

Why Invest in This Portfolio

Finding Growth Through Innovation

Technology is dramatically impacting every sector of the global economy. The Portfolio seeks to invest in growth companies driving this innovation or benefiting from advances in technology. Common characteristics of an investment include a culture of innovation, long-term focus and attractive relative valuation.

Dedicated Sector Experts

Our dedicated team of technology analysts is embedded deeply within the sector, approaching research as an industry participant. In this complex and rapidly growing sector, it is critical to have experienced investors working to evaluate the impact of disruptive technologies and actively aim to identify both winners and losers.

Deep and Disciplined

The Portfolio takes a thoughtful approach to portfolio construction as the managers invest in companies believed to be resilient, as well as smaller positions in companies that have optionality – meaning large potential upside under a specific scenario. Through deep research and disciplined portfolio construction, the Portfolio seeks to deliver strong, risk-adjusted returns over time.

Portfolio Management

Denny Fish

Portfolio Manager | Research Analyst

Industry since 2004. Joined Firm in 2016.

Jonathan Cofsky, CFA

Portfolio Manager | Research Analyst

Industry since 2006. Joined Firm in 2014.

Performance

RETURNS (%) (As of 12/31/2024)
VIT Global Technology and Innovation Portfolio Institutional Class MSCI All Country World Information Technology IndexSM S&P 500® Index
 
3M YTD 1YR 3YR 5YR 10YR Since Inception
(01/18/2000)
VIT Global Technology and Innovation Portfolio Institutional Class 3.23 32.10 32.10 8.78 18.08 19.34 7.18
MSCI All Country World Information Technology IndexSM 4.28 31.59 31.59 11.06 20.49 19.15 6.60
S&P 500® Index 2.41 25.02 25.02 8.94 14.52 13.10 7.75
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.
High absolute short-term performance is not typical and may not be achieved in the future. Such results should not be the sole basis for evaluating material facts in making an investment decision.

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

RETURNS (%) (As of 02/28/2025)
VIT Global Technology and Innovation Portfolio Institutional Class MSCI All Country World Information Technology IndexSM S&P 500® Index
 
3M YTD 1YR 3YR 5YR 10YR Since Inception
(01/18/2000)
VIT Global Technology and Innovation Portfolio Institutional Class -2.95 -1.66 14.38 14.21 18.08 18.54 7.06
MSCI All Country World Information Technology IndexSM -2.09 -3.05 16.47 14.83 20.85 18.23 6.42
S&P 500® Index -0.97 1.44 18.41 12.55 16.86 12.98 7.76
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.
High absolute short-term performance is not typical and may not be achieved in the future. Such results should not be the sole basis for evaluating material facts in making an investment decision.

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

Calendar Year Returns (%)
VIT Global Technology and Innovation Portfolio Institutional Class MSCI All Country World Information Technology IndexSM
2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
VIT Global Technology and Innovation Portfolio Institutional Class 32.10 54.55 -36.95 18.01 51.20 45.17 1.19 45.09 14.21 4.85
MSCI All Country World Information Technology IndexSM 31.59 51.02 -31.07 27.36 45.61 46.89 -5.81 41.77 12.20 3.20
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.

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

Morningstar Percentile

 (As of 12/31/2024)
1 YR 3 YR 5 YR 10 YR SINCE INCEPTION
Percentile Ranking 25 21 31 27 34
Technology | Rank/Count 87/274 68/242 80/209 55/174 40/100
 (As of 02/28/2025)
1 YR 3 YR 5 YR 10 YR SINCE INCEPTION
Percentile Ranking 43 19 31 26 38
Technology | Rank / Count 130/272 65/245 77/212 51/174 45/102

Growth of a Hypothetical Investment

Global Technology and Innovation Portfolio - Institutional Shares MSCI All Country World Information Technology IndexSM Technology
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). Fund performance is on a Net Asset Value (NAV) basis with net income reinvested where applicable.

Returns-Based Statistics (As of 01/31/2025 Class INSTITUTIONAL Shares)

RISK / REWARD
VS. MSCI ACWI/Information Technology NR Index		 3YR 5YR
Information Ratio -0.01 -0.26
Alpha 0.03 -1.28
Tracking Error 5.17 5.44
Beta 1.01 1.00
R-squared (%) 95.11 94.29
UP/DOWN MARKET CAPTURE (%)
MSCI ACWI/Information Technology NR Index		 3YR 5YR
Up Capture Ratio 99.83 94.77
Down Capture Ratio 99.99 99.54
STANDARD DEVIATION 3YR 5YR
Global Technology and Innovation Portfolio 23.68 22.97
MSCI ACWI/Information Technology NR Index 22.89 22.35
SHARPE RATIO 3YR 5YR
Global Technology and Innovation Portfolio 0.39 0.65
MSCI ACWI/Information Technology NR Index 0.40 0.74
Annual Fees & Expenses (As of the most recent prospectus)
INSTITUTIONAL SHARES
Management Fees 0.64%
Other Expenses 0.09%
Total Gross Expenses 0.73%
Waivers 0.00%
Total Net Expenses 0.73%

Net expense ratios reflect the expense waiver, if any, contractually agreed to for at least a one-year period commencing on April 29, 2024. This contractual waiver may be terminated or modified only at the discretion of the Portfolio's Board of Trustees.

Portfolio

Index represents the MSCI All Country World Information Technology Index℠.

Top Holdings (As of 01/31/2025)
% of Fund
NVIDIA Corp 9.96
Microsoft Corp 9.38
Taiwan Semiconductor Manufacturing Co Ltd 6.51
Apple Inc 5.28
Alphabet Inc 4.51
Amazon.com Inc 4.42
Broadcom Inc 4.06
ASML Holding NV 3.30
Constellation Software Inc/Canada 3.28
Meta Platforms Inc 2.66
TOTAL 53.36
View full holdings
Portfolio Characteristics (As of 02/28/2025)
  PORTFOLIO INDEX
Number of Holdings
Equity Issues		 73 313
Market Capitalization
Weighted Average		 $1,219.48B $1,686.77B
Portfolio Turnover Rate
(1-year trailing)		 41.33% -
Price/Earnings Ratio
(1-year forward)		 26.92 25.30
Price/Book Ratio
 9.82 7.95
Earnings Growth Rate
(1-year forward)		 22.69% 21.44%
Sector Allocation % of Fund % of Index % of Fund % of Index As of 01/31/2025
Regional Allocation % of Fund % of Index % of Fund % of Index As of 01/31/2025
Developed vs Emerging Markets % of Fund % of Index % of Fund % of Index As of 01/31/2025
Market Capitalization Range of Equity Holdings % of Fund % of Index % of Fund % of Index As of 01/31/2025

Documents

Related Insights

Our intellectual capital is readily available and central to our Knowledge Shared approach"
Related Insights
Approaching AI’s Age of Reason
Feb 3, 2025
Timely & Topical

Approaching AI’s Age of Reason

Recent advancements have AI models on the cusp of exhibiting reasoning – a development that will likely have massive economic implications.

7 min read

Fundamentals underpinning global tech’s market leadership
Dec 6, 2024
Features & Outlooks

Fundamentals underpinning global tech’s market leadership

Denny Fish discusses how innovative products aimed at delivering efficiencies across the global economy position the tech sector to compound earnings growth over a multi-year horizon.

5 min read

AI: Balancing this revolutionary technology’s opportunities and risks
Oct 1, 2024
Timely & Topical

AI: Balancing this revolutionary technology’s opportunities and risks

Accessing the promising return potential of AI requires a thorough understanding of this investment theme’s unique set of risks.

8 min read

Choose region

Country

Language

What type of investor are you?

YOUR PRIVACY

We use cookies to improve your experience and to personalize content on our website. For more information about how we use cookies and how to manage them, please refer to our Cookies Policy.

ACCEPT COOKIES