Please ensure Javascript is enabled for purposes of website accessibility Global Select Fund - Janus Henderson Investors
For Institutional Investors in the US

JORFX Global Select Fund

By investing in companies across the market-cap and style spectrum, we seek to deliver risk-adjusted returns that are consistently good, not sporadically great

NAV
$18.56
As of 03/01/2024

1-Day Change
$0.22 (1.20%)
As of 03/01/2024

YTD Return
9.95%
As of 03/01/2024

Morningstar Rating

As of 01/31/2024

Overview

ABOUT THIS FUND

A global equity fund seeking to grow capital by investing with conviction in companies worldwide where the portfolio manager believes the market underestimates free-cash-flow growth. The Fund considers both growth and value criteria as it seeks to deliver strong, risk-adjusted returns over the long term, regardless of prevailing market conditions.

WHY INVEST IN THIS FUND

Flexible Global All-Cap Equities

The portfolio manager has the flexibility to invest in 40 to 70 companies across the globe, market cap and style spectrum where free-cash-flow growth is believed to be underestimated by the market. The portfolio manager searches for both growing companies and attractive valuations.

Differentiated Insights

The intersection of independent viewpoints and differentiated perspectives between the portfolio manager and research analysts should lead to potentially greater and more consistent excess returns over time.

Exacting Portfolio Construction

Taking a prudent approach to portfolio construction and risk management, the portfolio manager aims to drive superior risk-adjusted returns over the full market cycle through stock selection in an effort to avoid persistent biases.

PORTFOLIO MANAGEMENT

Julian McManus

Portfolio Manager

Industry since 1994. Joined Firm in 2004.

Christopher O'Malley, CFA

Co-Portfolio Manager | Research Analyst

Industry since 1998. Joined Firm in 2017.

Performance

RETURNS (%) (As of 12/31/2023)
Global Select Fund - I Shares MSCI All Country World IndexSM
 
3M YTD 1YR 3YR 5YR 10YR Since Inception
(06/30/2000)
Global Select Fund - I Shares 11.14 17.38 17.38 7.11 12.71 8.61 4.91
MSCI All Country World IndexSM 11.03 22.20 22.20 5.75 11.72 7.93 5.38
RETURNS (%) (As of 01/31/2024)
Global Select Fund - I Shares MSCI All Country World IndexSM
 
3M YTD 1YR 3YR 5YR 10YR Since Inception
(06/30/2000)
Global Select Fund - I Shares 15.56 1.78 10.13 8.11 11.31 9.10 4.97
MSCI All Country World IndexSM 15.15 0.59 14.70 6.12 10.16 8.43 5.38
Calendar Year Returns (%)
Global Select Fund - I Shares MSCI All Country World IndexSM
2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Global Select Fund - I Shares 17.38 -9.92 16.19 16.19 27.42 -9.67 31.20 3.48 -4.43 7.13
MSCI All Country World IndexSM 22.20 -18.36 18.54 16.25 26.60 -9.41 23.97 7.86 -2.36 4.16

MORNINGSTAR PERCENTILE

(As Of 12/31/2023)
1 YR 3 YR 5 YR 10 YR SINCE INCEPTION
Percentile Ranking 60 23 12 15 76
Global Large-Stock Blend | Rank/Count 219/362 68/345 44/329 33/258 71/90
(As Of 02/29/2024)
1 YR 3 YR 5 YR 10 YR SINCE INCEPTION
Percentile Ranking 32 14 3 9 72
Global Large-Stock Blend | Rank / Count 118/358 39/344 12/329 22/258 69/90

RETURNS-BASED STATISTICS (As of 01/31/2024 Class I Shares)

RISK / REWARD
VS. MSCI AC World NR Index
3YR 5YR
Information Ratio 0.33 0.18
Alpha 2.03 0.78
Tracking Error 5.70 5.68
Beta 0.99 1.07
R-squared (%) 89.14 92.52
UP/DOWN MARKET CAPTURE (%)
VS. MSCI AC World NR Index
3YR 5YR
Up Capture Ratio 108.01 110.17
Down Capture Ratio 99.54 104.89
STANDARD DEVIATION 3YR 5YR
Global Select Fund 17.34 19.65
MSCI AC World NR Index 16.49 17.67
SHARPE RATIO 3YR 5YR
Global Select Fund 0.32 0.47
MSCI AC World NR Index 0.22 0.46
ANNUAL FEES & EXPENSES (As of the most recent prospectus)
CLASS I SHARES
Management Fees 0.64%
Other Expenses 0.16%
Total Gross Expenses 0.80%
Waivers 0.00%
Total Net Expenses 0.80%

Portfolio

Index represents the MSCI All Country World Index℠.

Top Holdings (As of 01/31/2024)
% of Fund
Microsoft Corp 6.29
Taiwan Semiconductor Manufacturing Co Ltd 4.84
Vistra Corp 4.59
BAE Systems PLC 4.24
Marathon Petroleum Corp 3.75
Teck Resources Ltd 3.10
Deutsche Telekom AG 3.10
Chipotle Mexican Grill Inc 3.06
Ferguson PLC 2.95
Dai-ichi Life Holdings Inc 2.84
Total 38.76
View full holdings
Portfolio Characteristics (As of 01/31/2024)
  FUND INDEX
Number of Holdings
Equity Issues
58 2920
Market Capitalization
Weighted Average
$356.46B $458.77B
Portfolio Turnover Rate
(1-year trailing)
46.47% -
Price/Earnings Ratio
(1-year forward)
15.34 16.67
Price/Book Ratio
2.83 2.82
Earnings Growth Rate
(1-year forward)
14.08% 14.58%
Sector Allocation % OF FUND % of Index % OF FUND % of Index (As of 01/31/2024)
Regional Allocation % OF FUND % of Index % OF FUND % of Index (As of January 31, 2024)
Market Capitalization Range of Equity Holdings % OF FUND % of Index % OF FUND % of Index (As of 01/31/2024)
Developed vs Emerging Markets % OF FUND % of Index % OF FUND % of Index (As of January 31, 2024)

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