Janus Henderson Horizon Euro High Yield Bond Fund

A2 Acc EUR ISIN code: LU0828815570

Investment objective

The investment objective of the Euro High Yield Bond Fund is to provide a high overall yield and potential for capital growth. The Fund will invest at least 70% of its net assets in sub investment grade corporate debt securities with a credit rating equivalent to BB+ or lower and denominated in Euros and Sterling. The Fund can invest in fixed and variable rate and index-related securities issued by corporate, government, supranational institutions and local and regional agencies. The Fund may invest up to 20% of its net assets in contingent convertible bonds. The Fund may make use of one or a combination of the following instruments / strategies in order to achieve the Fund’s objective including, but not limited to, asset and mortgage backed securities, convertible bonds, structured notes, options, OTC swaps (such as interest rate swaps, credit default swaps, credit default swaps on indices and total return swaps), and forward foreign exchange contracts.

Overview

  • The fund boasts a diversified portfolio of Euro and Sterling denominated sub investment grade corporate bonds.
  • It focuses on identifying the best risk-return prospects within the European high yield corporate bond market.
  • The managers take into account the macroeconomic outlook, using internal as well as external research. Factors such as the economic environment, corporate health, and market dynamics are all considered.

Before you invest

Share class:

Key documents

All documents
ISIN code: LU0828815570A2 Acc EUR Currency EUR NAV 154.7000 Change -0.0700% Price date 18/09/2019
 
ISIN code: LU0828815224A3 Inc EUR Currency EUR NAV 109.4500 Change -0.0700% Price date 18/09/2019

Ratings and awards

Morningstar 5 Star

Key data

Asset class Fixed Income
Structure SICAV
Launch date 19/11/2012
Base currency EUR
Sector Morningstar Europe OE EUR High Yield Bond
Benchmark ICE BofAML European Currency Non-Financial High Yield Constrained Index (100% Hedged)
Year end 30-Jun
Valuation point 13:00
Pricing basis Single Priced
Fund status Open for new investment

A2 Acc EUR

Distribution type Accumulation Net
ISIN code LU0828815570
Lipper code 68236457
WKN Code A1J4LV
Valoren Code 19547876
Initial charge 5.00%
Annual charges 0.75%
Launch date 19/11/2012
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).N/A
Minimum Lump Sum EUR2,500.00
Additional lump sum investment EUR500.00

A3 Inc EUR

Distribution type Income Gross
ISIN code LU0828815224
Lipper code 88208T
WKN Code A1J4LU
Valoren Code 19547860
Initial charge 5.00%
Annual charges 0.75%
Launch date 19/11/2012
Dividend pay dates 20-Oct, 20-Jan, 20-Apr, 20-Jul
XD dates 01-Oct, 01-Jan, 01-Apr, 01-Jul
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).N/A
Minimum Lump Sum EUR2,500.00
Additional lump sum investment EUR500.00
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
  • The Fund could lose money if a counterparty with which it trades becomes unwilling or unable to meet its obligations to the Fund.
  • If a Fund has a high exposure to a particular country or geographical region it carries a higher level of risk than a Fund which is more broadly diversified.
  • The value of a bond or money market instrument may fall if the financial health of the issuer weakens, or the market believes it may weaken. This risk is greater the lower the credit quality of the bond.
  • 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.
  • When interest rates rise (or fall), the prices of different securities will be affected differently. In particular, bond values generally fall when interest rates rise. This risk is generally greater the longer the maturity of a bond investment.
  • Any security could become hard to value or to sell at a desired time and price, increasing the risk of investment losses.
Specific risks

Important message