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

JANWX Global Research Fund

Our research team scours the globe seeking to construct a portfolio of our best ideas in equities, regardless of market cap, geography or subsector

NAV
$113.82
As of 05/12/2025

1-Day Change
$2.91 (2.62%)
As of 05/12/2025

YTD Return
4.61%
As of 05/12/2025

Morningstar Rating

As of 04/30/2025

Overview

ABOUT THIS FUND

By investing in the best ideas from each global research sector team, this global large-cap growth fund seeks long-term growth of capital with volatility similar to its peers. Our analysts scour the globe to identify industry leading companies with brand power, enduring business models and strong competitive positioning.

WHY INVEST IN THIS FUND

Managed by Sector Experts
Our teams of dedicated sector specialists conduct independent, differentiated research to construct unique sector portfolios that are combined to form a diversified fund. This design allows investors to benefit directly from the insights and expertise of Janus Henderson's equity research team.

Pure Stock Picking Approach
Each of our experienced global sector teams builds a high-conviction portfolio of their best ideas, regardless of market cap, geography or sub-sector. All ideas and position sizes are debated and fully vetted before entry into the portfolio.

Minimize the Macro
This Fund’s disciplined investment process is designed to minimize macro risks by aligning sector allocations with the benchmark. This allows fundamental, bottom-up stock selection within each sector to be the primary driver of returns.

Portfolio Management

Joshua Cummings, CFA

Portfolio Manager | Research Analyst

Industry since 1996. Joined Firm in 2016.

John Jordan

Portfolio Manager | Research Analyst

Industry since 1997. Joined Firm in 2008.

Performance

RETURNS (%) (As of 03/31/2025)
Global Research Fund - D Shares MSCI World IndexSM MSCI All Country World IndexSM
 
3M YTD 1YR 3YR 5YR 10YR Since Inception
(02/25/2005)
Global Research Fund - D Shares -1.51 -1.51 7.62 10.11 17.24 9.72 9.80
MSCI World IndexSM -1.79 -1.79 7.04 7.58 16.13 9.50 7.79
MSCI All Country World IndexSM -1.32 -1.32 7.15 6.91 15.18 8.84 7.48
RETURNS (%) (As of 04/30/2025)
Global Research Fund - D Shares MSCI World IndexSM MSCI All Country World IndexSM
 
3M YTD 1YR 3YR 5YR 10YR Since Inception
(02/25/2005)
Global Research Fund - D Shares -4.33 -0.13 12.54 14.24 14.78 9.76 9.83
MSCI World IndexSM -4.30 -0.92 12.16 11.06 13.95 9.34 7.80
MSCI All Country World IndexSM -3.64 -0.40 11.84 10.27 13.07 8.63 7.49
Calendar Year Returns (%)
Global Research Fund - D Shares MSCI World IndexSM
2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Global Research Fund - D Shares 23.52 26.73 -19.57 17.98 20.17 28.90 -6.89 26.87 1.96 -2.24
MSCI World IndexSM 18.67 23.79 -18.14 21.82 15.90 27.67 -8.71 22.40 7.51 -0.87

Growth of a Hypothetical Investment

Global Research Fund - D Shares MSCI World IndexSM MSCI All Country World IndexSM Global Large-Stock Growth

Returns-Based Statistics (As of 04/30/2025 Class D Shares)

RISK / REWARD
VS. MSCI World NR Index
3YR 5YR
Information Ratio 1.15 0.31
Alpha 2.72 0.47
Tracking Error 2.55 2.59
Beta 1.04 1.04
R-squared (%) 97.82 97.69
UP/DOWN MARKET CAPTURE (%)
MSCI World NR Index
3YR 5YR
Up Capture Ratio 110.49 105.89
Down Capture Ratio 97.69 102.75
STANDARD DEVIATION 3YR 5YR
Global Research Fund 16.73 16.61
MSCI World NR Index 15.86 15.76
SHARPE RATIO 3YR 5YR
Global Research Fund 0.56 0.71
MSCI World NR Index 0.39 0.69
Annual Fees & Expenses (As of the most recent prospectus)
CLASS D SHARES
Management Fees 0.59%
Other Expenses 0.16%
Total Gross Expenses 0.75%
Waivers 0.00%
Total Net Expenses 0.75%

Portfolio

Index represents the MSCI World Index℠.

Top Holdings (As of 03/31/2025)
% of Fund
Microsoft Corp 5.01
NVIDIA Corp 4.94
Apple Inc 3.32
Alphabet Inc 3.19
Amazon.com Inc 3.08
Meta Platforms Inc 2.72
JPMorgan Chase & Co 2.17
Unilever PLC 1.83
Visa Inc 1.69
Mastercard Inc 1.69
TOTAL 29.64
View full holdings
Portfolio Characteristics (As of 03/31/2025)
  FUND INDEX
Number of Holdings
Equity Issues
113 1352
Market Capitalization
Weighted Average
$659.19B $617.71B
Portfolio Turnover Rate
(1-year trailing)
32.74% -
Price/Earnings Ratio
(1-year forward)
18.42 18.05
Price/Book Ratio
3.89 3.26
Earnings Growth Rate
(1-year forward)
15.27% 13.43%
Research Sector Allocations % of Fund % of Index % of Fund % of Index As of 03/31/2025
Regional Allocation % of Fund % of Index % of Fund % of Index As of 03/31/2025
Developed vs Emerging Markets % of Fund % of Index % of Fund % of Index As of 03/31/2025
Market Capitalization Range of Equity Holdings % of Fund % of Index % of Fund % of Index As of 03/31/2025

Documents