The ETF combines expert insights from Janus Henderson’s research team with benchmark-aware portfolio construction. Our highly experienced analysts conduct deep fundamental research and collaborate extensively within their sector teams to generate investment insights. These insights are fed into a portfolio optimisation process designed to emphasise stock selection and minimise unintended risk. The process also incorporates robust ESG exclusions and a minimum 15% allocation to sustainable investments (SFDR article 8). The result is a diversified and broadly sector neutral portfolio, with a target tracking error of 1.25 – 1.75% relative to the MSCI World Index.

The Fund will invest at least 80% of its assets in equity securities or depositary receipts issued by global developed market companies. It may also invest up to 15% of its assets in equity securities and/or depositary receipts of emerging market companies.

The Fund may invest in companies of any size in any industry. It will typically have 125-275 holdings (and is not expected to have fewer than 125 holdings).

The Fund may also hold cash. It may use derivatives for the purposes of hedging/risk reduction.

The Fund may temporarily invest outside of these guidelines while dealing with subscriptions, redemptions, for liquidity management or for defensive purposes, including navigating unusual market conditions.