Janus Henderson Horizon China Fund

A1 Inc USD ISIN code: LU0327786827

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.

ISIN code: LU0327786827A1 Inc USD Currency USD NAV 18.0600 Change 1.5200% Price date 13/12/2018
 
ISIN code: LU0572944774A2 Acc EUR Currency EUR NAV 15.9500 Change 1.1400% Price date 13/12/2018
ISIN code: LU0572944931A2 Acc SGD Currency SGD NAV 24.8700 Change 1.3000% Price date 13/12/2018
ISIN code: LU0327786744A2 Acc USD Currency USD NAV 18.1600 Change 1.5100% Price date 13/12/2018
ISIN code: LU1678961035H1 USD Currency USD NAV 16.5500 Change 1.5300% Price date 13/12/2018
ISIN code: LU1678960904H2 EUR Currency EUR NAV 17.2300 Change 1.1200% Price date 13/12/2018
ISIN code: LU1678961118H2 USD Currency USD NAV 16.6000 Change 1.5300% Price date 13/12/2018
ISIN code: LU0327787395X2 Acc USD Currency USD NAV 16.5300 Change 1.4700% Price date 13/12/2018

Ratings and awards

Morningstar 5 Star
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 classSep 2017 - Sep 2018Sep 2016 - Sep 2017Sep 2015 - Sep 2016Sep 2014 - Sep 2015Sep 2013 - Sep 2014
A1 Inc USD1.17%26.11%21.92%0.75%7.55%
A2 Acc EUR3.21%19.23%22.36%13.07%15.28%
A2 Acc SGD2.01%25.43%16.85%12.46%9.15%
A2 Acc USD1.17%26.09%21.87%0.75%7.52%
H1 USD-----
H2 EUR-----
H2 USD-----
X2 Acc USD0.58%25.37%21.06%0.16%6.88%
© 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 30/09/2018

Cumulative performance

Share classLast monthYTD1 Year3 YearsSince inception
A1 Inc USD0.17-20.48%-18.94%23.02%81.82%
A2 Acc EUR-0.93-16.18%-16.36%18.59%134.56%
A2 Acc SGD-0.64-18.38%-17.87%19.74%74.77%
A2 Acc USD0.17-20.46%-18.93%23.04%81.60%
H1 USD0.24-19.70%---16.85%
H2 EUR-0.92-15.50%---13.85%
H2 USD0.18-19.85%---17.00%
X2 Acc USD0.12-20.95%-19.44%20.75%65.30%
© 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 13/12/2018
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

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

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

H1 USD

Distribution type Income Net
ISIN code LU1678961035
WKN Code A2JC99
Valoren Code 39593025
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 22924358
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

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.
  • ​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.
  • The Fund could lose money if a counterparty with which it trades becomes unwilling or unable to meet its obligations to the 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.
  • 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.
  • 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

Share class:

Key documents

Announcements

Important message