Janus Henderson Horizon China Fund

A2 Acc USD ISIN code: LU0327786744

Ratings and awards

Morningstar 4 Star

Investment objective

The China Fund aims to provide capital growth. The Fund invests at least 80% of its net assets, by taking long (and to a lesser extent short), positions in equities or equity-related instruments of: • companies having their registered office in China and Hong Kong; • companies that do not have their registered office in China and Hong Kong but do most of their business, either directly or through subsidiaries, in China and Hong Kong. Equities may include China A-Shares, directly through the Stock Connect Programs and other eligible exchanges or indirectly through derivative instruments. Exposure to China A-Shares will not be more than 50% of the Fund’s net asset value. Equity-related instruments may include depository receipts, amongst others. The Fund’s long positions may be held through a combination of direct investment and/or derivative instruments (such as futures, forwards, structured financial derivatives, equity swaps (also known as contracts-for-differences), swaps, options and warrants), whilst the short positions are achieved entirely through derivative instruments. The Fund will have significantly greater exposure to long positions than short positions and is therefore likely to demonstrate a high correlation to Chinese equity markets. The Fund may use derivative instruments as part of the investment strategy, hedging and for the purposes of efficient portfolio management. The Investment Manager may from time to time consider hedging currency and interest rates exposure, but will not generally enter into contracts involving a speculative position in any currency or interest rate. On an ancillary basis, and for defensive purposes, the Fund may invest in: • fixed income instruments, (such as convertible bonds, corporate bonds and government bonds and their associated derivative instruments); and • money market instruments and may hold cash or treasury bills pending reinvestment.

Overview

The value of an investment and the income from it can fall as well as rise as a result of market and currency fluctuations and you may not get back the amount originally invested.

Potential investors must read the prospectus, and where relevant, the key investor information document before investing.

This website is for financial promotion purposes and is not investment advice.

Before you invest

Share class:

Key documents

All documents
ISIN code: LU0327786744A2 Acc USD Currency USD NAV 19.5800 Change 0.6700% Price date 23/08/2019
 
ISIN code: LU0327786827A1 Inc USD Currency USD NAV 19.4800 Change 0.6700% Price date 23/08/2019
ISIN code: LU0572944774A2 Acc EUR Currency EUR NAV 17.7000 Change 0.8000% Price date 23/08/2019
ISIN code: LU0572944931A2 Acc SGD Currency SGD NAV 27.1500 Change 0.7000% Price date 23/08/2019
ISIN code: LU1678961035H1 USD Currency USD NAV 17.8700 Change 0.6800% Price date 23/08/2019
ISIN code: LU1678960904H2 EUR Currency EUR NAV 19.2700 Change 0.7800% Price date 23/08/2019
ISIN code: LU1678961118H2 USD Currency USD NAV 18.0000 Change 0.6700% Price date 23/08/2019
ISIN code: LU0327787049I2 Acc USD Currency USD NAV 21.7500 Change 0.6900% Price date 23/08/2019
ISIN code: LU0327787395X2 Acc USD Currency USD NAV 17.7500 Change 0.6200% Price date 23/08/2019
Performance

Past performance is not a guide to future performance. All performance data includes both income and capital gains or losses and reflects the deduction of any ongoing charges or other fund expenses.

Discrete performance

Share classJun 2018 - Jun 2019Jun 2017 - Jun 2018Jun 2016 - Jun 2017Jun 2015 - Jun 2016Jun 2014 - Jun 2015
A1 Inc USD-8.04%17.62%34.37%-14.72%21.38%
A2 Acc EUR-5.98%15.31%31.33%-14.52%48.07%
A2 Acc SGD-8.83%16.63%37.45%-14.72%30.81%
A2 Acc USD-8.04%17.64%34.31%-14.70%21.32%
H1 USD-7.18%----
H2 EUR-5.02%----
H2 USD-7.28%----
I2 Acc USD-7.15%18.65%35.33%-13.89%22.31%
X2 Acc USD-8.56%16.87%33.57%-15.22%20.57%
© Morningstar 2019. All rights reserved. NAV-NAV, gross income reinvested where applicable.Source: Morningstar, based on market prices at close on the date shown. We are not responsible for the accuracy or completeness of the information supplied by Morningstar. We take care to ensure that the information provided by Morningstar is correct but we neither warrant, represent nor guarantee the contents of the information, nor do we accept any responsibility for errors, inaccuracies, omissions or any inconsistencies therein. Prices may be subject to change, errors and omissions excepted. Annual return to 30/06/2019

Cumulative performance

Share classLast monthYTD1 Year3 YearsSince inception
A1 Inc USD-2.7113.49%-6.34%23.01%94.80%
A2 Acc EUR-1.4017.38%-1.95%25.52%158.24%
A2 Acc SGD-0.7715.66%-4.94%26.16%89.46%
A2 Acc USD-2.7013.48%-6.36%22.95%94.50%
H1 USD-2.6314.17%-5.49%--10.41%
H2 EUR-1.2418.24%-0.93%--4.40%
H2 USD-2.6714.10%-5.60%--10.60%
I2 Acc USD-2.6614.16%-5.51%26.32%116.00%
X2 Acc USD-2.7613.08%-6.91%20.82%76.40%
© Morningstar 2019. All rights reserved. NAV-NAV, gross income reinvested where applicable.Source: Morningstar, based on market prices at close on the date shown. We are not responsible for the accuracy or completeness of the information supplied by Morningstar. We take care to ensure that the information provided by Morningstar is correct but we neither warrant, represent nor guarantee the contents of the information, nor do we accept any responsibility for errors, inaccuracies, omissions or any inconsistencies therein. Prices may be subject to change, errors and omissions excepted. Data as at 22/08/2019
Top 10 holdings
Geographic breakdown
Sector breakdown
Dividends
Key data
Asset class Equities
Structure SICAV
Launch date 25/01/2008
Base currency USD
Sector Morningstar Europe OE China Equity
Benchmark MSCI China Index
Year end 30-Jun
Valuation point 13:00
Pricing basis Single Priced
Fund status Open for new investment

A2 Acc USD

Distribution type Accumulation Net
ISIN code LU0327786744
Lipper code 65101640
WKN Code A0M7WU
Valoren Code 3537485
Initial charge 5.00%
Annual charges 1.20%
Launch date 25/01/2008
Currency USD
Performance FeeCertain classes within a fund may be able to charge a performance related management fee, which becomes payable when that class outperforms its performance fee benchmark and previous high watermark (where applicable).An indication of the historic performance fee payable can be found in the relevant KIID.10% of the 'Relevant Amount'
Minimum Lump Sum USD2,500.00
Additional lump sum investment USD500.00

A1 Inc USD

Distribution type Income Net
ISIN code LU0327786827
Lipper code 65101639
WKN Code A0M7WV
Valoren Code 3537483
Initial charge 5.00%
Annual charges 1.20%
Launch date 25/01/2008
Dividend pay dates 20-Jul
XD dates 01-Jul
Currency USD
Performance FeeCertain classes within a fund may be able to charge a performance related management fee, which becomes payable when that class outperforms its performance fee benchmark and previous high watermark (where applicable).An indication of the historic performance fee payable can be found in the relevant KIID.10% of the 'Relevant Amount'
Minimum Lump Sum USD2,500.00
Additional lump sum investment USD500.00

A2 Acc EUR

Distribution type Accumulation Net
ISIN code LU0572944774
Lipper code 65103577
WKN Code A1JKTC
Valoren Code 13929077
Initial charge 5.00%
Annual charges 1.20%
Launch date 25/01/2008
Currency EUR
Performance FeeCertain classes within a fund may be able to charge a performance related management fee, which becomes payable when that class outperforms its performance fee benchmark and previous high watermark (where applicable).An indication of the historic performance fee payable can be found in the relevant KIID.10% of the 'Relevant Amount'
Minimum Lump Sum EUR2,500.00
Additional lump sum investment EUR500.00

A2 Acc SGD

Distribution type Accumulation Net
ISIN code LU0572944931
Lipper code 65103604
WKN Code A1JKTE
Valoren Code 13929079
Initial charge 5.00%
Annual charges 1.20%
Launch date 25/01/2008
Currency SGD
Performance FeeCertain classes within a fund may be able to charge a performance related management fee, which becomes payable when that class outperforms its performance fee benchmark and previous high watermark (where applicable).An indication of the historic performance fee payable can be found in the relevant KIID.10% of the 'Relevant Amount'
Minimum Lump Sum SGD2,500.00
Additional lump sum investment SGD500.00

H1 USD

Distribution type Income Net
ISIN code LU1678961035
WKN Code A2JC99
Valoren Code 22924358
Initial charge 5.00%
Annual charges 0.60%
Launch date 15/12/2017
Dividend pay dates 20-Jul
XD dates 01-Jul
Currency USD
Performance FeeCertain classes within a fund may be able to charge a performance related management fee, which becomes payable when that class outperforms its performance fee benchmark and previous high watermark (where applicable).An indication of the historic performance fee payable can be found in the relevant KIID.10% of the 'Relevant Amount'
Minimum Lump Sum USD750,000.00
Additional lump sum investment USD2,500.00

H2 EUR

Distribution type Accumulation Net
ISIN code LU1678960904
WKN Code A2JDAA
Valoren Code 39593025
Initial charge 5.00%
Annual charges 0.60%
Launch date 15/12/2017
Currency EUR
Performance FeeCertain classes within a fund may be able to charge a performance related management fee, which becomes payable when that class outperforms its performance fee benchmark and previous high watermark (where applicable).An indication of the historic performance fee payable can be found in the relevant KIID.10% of the 'Relevant Amount'
Minimum Lump Sum EUR750,000.00
Additional lump sum investment EUR2,500.00

H2 USD

Distribution type Accumulation Net
ISIN code LU1678961118
WKN Code A2JDAB
Valoren Code 22924353
Initial charge 5.00%
Annual charges 0.60%
Launch date 15/12/2017
Currency USD
Performance FeeCertain classes within a fund may be able to charge a performance related management fee, which becomes payable when that class outperforms its performance fee benchmark and previous high watermark (where applicable).An indication of the historic performance fee payable can be found in the relevant KIID.10% of the 'Relevant Amount'
Minimum Lump Sum USD750,000.00
Additional lump sum investment USD2,500.00

I2 Acc USD

Distribution type Accumulation Net
ISIN code LU0327787049
Lipper code 65102028
WKN Code A0M7WW
Valoren Code 3537489
Initial charge 5.00%
Annual charges 1.00%
Launch date 25/01/2008
Currency USD
Performance FeeCertain classes within a fund may be able to charge a performance related management fee, which becomes payable when that class outperforms its performance fee benchmark and previous high watermark (where applicable).An indication of the historic performance fee payable can be found in the relevant KIID.10% of the 'Relevant Amount'
Minimum Lump Sum USD1,000,000.00
Additional lump sum investment USD100,000.00

X2 Acc USD

Distribution type Accumulation Net
ISIN code LU0327787395
Lipper code 65102028
WKN Code A0M7WY
Valoren Code 3537491
Initial charge 5.00%
Annual charges 1.20%
Launch date 25/01/2008
Currency USD
Performance FeeCertain classes within a fund may be able to charge a performance related management fee, which becomes payable when that class outperforms its performance fee benchmark and previous high watermark (where applicable).An indication of the historic performance fee payable can be found in the relevant KIID.10% of the 'Relevant Amount'
Minimum Lump Sum USD2,500.00
Additional lump sum investment USD500.00
General risks
  • ​The value of the Funds and the income from them is not guaranteed and may fall as well as rise. You may get back less than you originally invested.
  • ​Past performance is not a guide to future performance.
  • ​For detailed product information including the risks associated with investing please read the relevant Prospectus or Annual Report.
  • Before investing in any of our funds you should satisfy yourself as to the suitability and the risks involved, you may wish to consult a financial adviser.
  • Third party data is believed to be reliable, but its completeness and accuracy is not guaranteed.
Specific risks
  • Shares can lose value rapidly, and typically involve higher risks than bonds or money market instruments. The value of your investment may fall as a result.
  • This fund is designed to be used only as one component in several in a diversified investment portfolio. Investors should consider carefully the proportion of their portfolio invested into this fund.
  • The Fund could lose money if a counterparty with which it trades becomes unwilling or unable to meet its obligations to the Fund.
  • Emerging markets are less established and more prone to political events than developed markets. This can mean both higher volatility and a greater risk of loss to the Fund than investing in more developed markets.
  • Changes in currency exchange rates may cause the value of your investment and any income from it to rise or fall.
  • If the Fund or a specific share class of the Fund seeks to reduce risks (such as exchange rate movements), the measures designed to do so may be ineffective, unavailable or detrimental.
  • Any security could become hard to value or to sell at a desired time and price, increasing the risk of investment losses.

Announcements

Important message