Quarterly update
Watch the investment team recap this quarter.
(Note: As at October 2025).
Investment objective
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.
About this fund
Core equity exposure targeting consistent outperformance
The Fund aims to outperform the Index Benchmark over the long term by investing in an actively managed portfolio of equity securities and/or depositary receipts issued by global companies.
Why invest in this fund
Expert insights
Based on deep fundamental research by expert analysts, working collaboratively within world-class sector teams.
A proven process
Leveraging two decades of experience constructing portfolios to deliver alpha from analyst insights.
Low active risk
Engineered to maximise stock selection, minimise systemic risk and limit tracking error to ~1.5% versus MSCI World.
