Janus Henderson Global Equity Market Neutral Fund

H€ Acc (hedged) ISIN code: LU1807487845

Investment objective

The Fund aims to achieve a positive absolute return over rolling 12 month periods, regardless of market conditions, though an absolute return performance is not guaranteed over any time period. The Fund seeks to achieve its objective by adopting a market neutral strategy. The Fund will typically hold pairs of long and short positions (typically 200% long and 200% short of the Fund’s total net asset value) in equities or equity related instruments of companies throughout the world, with the aim to minimise the effects of market exposure and benefit from future price divergence between long/short pairs identified through fundamental analysis. The Fund expects to maintain a typical net exposure in the range of -10% to +10%. The Fund’s long positions may be held through a combination of direct investment and/or derivative instruments (such as options, futures, forwards, swaps and warrants), whilst the short positions are achieved entirely through derivative instruments. In addition, in seeking to implement the Fund's investment strategy, manage market exposure and ensure that the Fund remains sufficiently liquid to cover obligations arising from its derivative positions, a substantial proportion of the Fund’s assets may at any time consist of cash, near cash, deposits and/or Money Market Instruments. 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.

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.

Classifications

Risk rating

ISIN code: LU1807487845H€ Acc (hedged) Currency EUR NAV
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Change
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Price date
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ISIN code: LU1542613465R$ Acc Currency USD NAV 10.7077 Change 0.1400% Price date 16/08/2018
ISIN code: LU1807487761R€ Acc (hedged) Currency EUR NAV
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Change
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Price date
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Ratings and awards

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.

Past performance is not a guide to future performance. Performance is shown on a Net Asset Value (NAV) basis with net income reinvested where applicable.

Discrete performance

Share classJun 2017 - Jun 2018Jun 2016 - Jun 2017Jun 2015 - Jun 2016Jun 2014 - Jun 2015Jun 2013 - Jun 2014
R$ Acc10.47%----
© Morningstar 2018. 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 30/06/2018

Cumulative performance

Share classLast monthYTD1 Year3 YearsSince inception
R$ Acc0.432.99%7.34%-6.93%
© Morningstar 2018. 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 14/08/2018
Top 10 holdings
Geographic breakdown
Sector breakdown
Dividends
Key data
Asset class Equities
Structure SICAV
Launch date 01/02/2017
Base currency USD
Sector -
Benchmark No Benchmark
Year end 30-Sep
Valuation point 23:59
Pricing basis Single Priced

H€ Acc (hedged)

Distribution type Accumulation Net
ISIN code LU1807487845
WKN Code A2JP4W
Valoren Code 42475251
Initial charge 5.00%
Annual charges 0.75%
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.20% (relative to the hurdle rate and high water mark)
Minimum Lump Sum EUR750,000.00
Additional lump sum investment EUR2,500.00

R$ Acc

Distribution type Accumulation Net
ISIN code LU1542613465
WKN Code A2DKYJ
Valoren Code 35441463
Initial charge 5.00%
Annual charges 1.50%
Launch date 01/02/2017
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.20% (relative to the hurdle rate and high water mark)
Hurdle rate US Federal Funds Rate
Minimum Lump Sum USD2,500.00
Additional lump sum investment USD500.00

R€ Acc (hedged)

Distribution type Accumulation Net
ISIN code LU1807487761
WKN Code A2JP4V
Valoren Code 42475144
Initial charge 5.00%
Annual charges 1.50%
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.20% (relative to the hurdle rate and high water mark)
Minimum Lump Sum EUR2,500.00
Additional lump sum investment EUR500.00

Manager(s)

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.
  • ​You should note that your tax treatment in relation to any investments held outside an ISA will depend on your individual circumstances and may be subject to change in the future. Governments may change the tax rules which affect you or the Funds in which you have invested.
  • ​If you invest through a third party provider you are advised to consult them directly as charges, performance and terms and conditions may differ materially.
  • Third party data is believed to be reliable, but its completeness and accuracy is not guaranteed.
Specific risks
  • Investment management techniques that have worked well in normal market conditions could prove ineffective or detrimental at other times.
  • 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.
  • Derivatives use exposes the Fund to risks different from, and potentially greater than, the risks associated with investing directly in securities and may therefore result in additional loss, which could be significantly greater than the cost of the derivative.
  • 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.
  • 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.
  • Leverage arises from entering into contracts or derivatives whose terms have the effect of magnifying an outcome, meaning profits and losses from investment can be greater.
  • Any security could become hard to value or to sell at a desired time and price, increasing the risk of investment losses.
General information

Before you invest

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