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For Individual Investors in the US

European Focus Fund Holdings

Full Portfolio Holdings

(As of February 29, 2024)

% OF INVESTMENTS
Novo Nordisk A/S 4.96
ASML Holding NV 4.96
LVMH Moet Hennessy Louis Vuitton SE 4.91
TotalEnergies SE 4.28
AstraZeneca PLC 2.95
Novartis AG 2.94
UBS Group AG 2.90
SAP SE 2.87
RELX PLC 2.85
UniCredit SpA 2.85
VAT Group AG 2.83
BE Semiconductor Industries NV 2.82
L'Oreal SA 2.71
Allianz SE 2.65
Nemetschek SE 2.59
Stellantis NV 2.20
CRH PLC 2.19
Safran SA 2.04
ASM International NV 2.03
UPM-Kymmene Oyj 2.00
Compass Group PLC 1.95
Danone SA 1.93
FLSmidth & Co A/S 1.84
Carl Zeiss Meditec AG 1.83
RENK Group AG 1.81
Schneider Electric SE 1.80
EssilorLuxottica SA 1.79
Pandora A/S 1.65
adidas AG 1.63
Volvo AB 1.59
Rheinmetall AG 1.58
Alfa Laval AB 1.55
Carlsberg AS 1.54
Cie de Saint-Gobain SA 1.52
Straumann Holding AG 1.51
Atlas Copco AB 1.50
Taylor Wimpey PLC 1.47
London Stock Exchange Group PLC 1.46
Anheuser-Busch InBev SA/NV 1.45
Nordea Bank Abp 1.43
Infineon Technologies AG 1.43
Deutsche Boerse AG 1.40
Linde PLC 1.34
Chocoladefabriken Lindt & Spruengli AG 1.25
HUGO BOSS AG 1.13
Cash & Equivalents 0.09
Janus Henderson publishes this listing of securities held as of the most recently available disclosure period, which varies depending on the portfolio. Any portion of holdings may be excluded from publication when deemed in the best interest of the portfolio. Securities are reported at market value.
The portfolio data and its presentation here is based on the investment book of record and may differ from the accounting book of record and complete schedules of investments in regulatory filings due to differing accounting and reporting standards.