Janus Henderson Horizon Pan European Alpha Fund

A1 Inc EUR ISIN code: LU0264597450

Investment objective

The investment objective of the Pan European Alpha Fund is to seek long-term capital appreciation through exposure primarily to European equities. At least two-thirds of the Fund’s total assets (after deduction of cash) will be invested in equity securities and equity related instruments (excluding convertible debt securities) of companies that are domiciled in Europe (including the UK) or derive the majority of their revenue from business activities in this region. The Investment Manager will adopt a broad range of investment strategies using a diversified range of instruments with a view to enhancing the performance of the Fund. Particularly, the Investment Manager will employ an approach to investment decisions using primarily a Fundamental strategy as further described under the Section ‘General Policies applicable to Funds making active use of derivatives’ of this Prospectus. The Fund’s approach will be implemented principally through investment in equity securities and contracts-for-difference but may in addition use the following instruments in accordance with the Section ‘Investment Restrictions’ of this Prospectus: options, futures and forwards on stocks and indices, index baskets and derivatives, Real Estate Investment Trusts, warrants, preferred stock, OTC swaps including equity swaps and asset swaps, currency forwards. On an ancillary basis, and for defensive purposes, the Fund may also invest in government, government agency and corporate bonds and their associated derivative securities, preferred stock and monetary instruments, and may hold cash or treasury bills pending reinvestment. The Investment Manager may from time to time consider hedging currency and interest rate 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.

ISIN code: LU0264597450A1 Inc EUR Currency EUR NAV 15.0400 Change 0.8000% Price date 16/10/2018
 
ISIN code: LU0264597617A2 Acc EUR Currency EUR NAV 15.0700 Change 0.8700% Price date 16/10/2018
ISIN code: LU1120398216A2 Acc HGBP Currency GBP NAV 10.2800 Change 0.8800% Price date 16/10/2018
ISIN code: LU0506197614A2 Acc HUSD Currency USD NAV 13.7500 Change 0.8100% Price date 16/10/2018
ISIN code: LU0942195230H1 EUR Currency EUR NAV 10.6100 Change 0.7600% Price date 16/10/2018
ISIN code: LU1372839644H1 Inc HGBP Currency GBP NAV 10.3900 Change 0.7800% Price date 16/10/2018
ISIN code: LU0892274704H2 EUR Currency EUR NAV 10.4700 Change 0.7700% Price date 16/10/2018
ISIN code: LU1678963759H2 HUSD Currency USD NAV 9.9700 Change 0.8100% Price date 16/10/2018
ISIN code: LU0264598342X2 Acc EUR Currency EUR NAV 14.3500 Change 0.7700% Price date 16/10/2018
ISIN code: LU0506198851X2 HUSD Currency USD NAV 11.0900 Change 0.8200% Price date 16/10/2018

Ratings and awards

Investment Week - Europe
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 EUR-2.11%6.47%-4.61%2.67%12.78%
A2 Acc EUR-2.17%6.38%-4.60%2.73%12.75%
A2 Acc HGBP-1.23%7.09%-3.98%--
A2 Acc HUSD0.29%7.82%-3.73%2.91%12.71%
H1 EUR-1.59%6.97%-4.09%3.40%13.45%
H1 Inc HGBP-0.48%6.92%---
H2 EUR-1.57%6.92%-4.08%3.23%13.11%
X2 Acc EUR-2.73%6.07%-5.16%2.19%12.21%
X2 HUSD-0.35%7.20%-4.35%2.32%-
© 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 EUR-2.15-3.03%-4.14%-1.05%52.88%
A2 Acc EUR-2.08-3.02%-4.13%-1.18%50.70%
A2 Acc HGBP-2.00-2.19%-3.20%1.18%2.80%
A2 Acc HUSD-1.86-1.08%-1.72%3.70%37.09%
H1 EUR-2.12-2.61%-3.67%0.41%55.12%
H1 Inc HGBP-1.98-1.72%-2.55%-4.28%
H2 EUR-2.06-2.60%-3.59%0.48%56.66%
X2 Acc EUR-2.18-3.50%-4.78%-2.71%43.50%
X2 HUSD-1.95-1.51%-2.38%1.84%10.90%
© 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 16/10/2018
Top 10 holdings
Geographic breakdown
Sector breakdown
Dividends
Key data
Asset class Equities
Structure SICAV
Launch date 01/12/2006
Base currency EUR
Sector Morningstar Europe OE Alt - Long/Short Equity - Europe
Benchmark Euro Base Rate (Euro Main Refinancing Rate)
Year end 30-Jun
Valuation point 13:00
Pricing basis Single Priced
Fund status Open for new investment

A1 Inc EUR

Distribution type Income Net
ISIN code LU0264597450
Lipper code 65066566
WKN Code A0LA5Y
Valoren Code 2694709
Initial charge 5.00%
Annual charges 1.20%
Launch date 01/12/2006
Dividend pay dates 20-Jul
XD dates 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).An indication of the historic performance fee payable can be found in the relevant KIID.20% of the 'Relevant Amount'
Minimum Lump Sum EUR2,500.00
Additional lump sum investment EUR500.00

A2 Acc EUR

Distribution type Accumulation Net
ISIN code LU0264597617
Lipper code 65066564
WKN Code A0LA5Z
Valoren Code 2694714
Initial charge 5.00%
Annual charges 1.20%
Launch date 01/12/2006
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% of the 'Relevant Amount'
Minimum Lump Sum EUR2,500.00
Additional lump sum investment EUR500.00

A2 Acc HGBP

Distribution type Accumulation Net
ISIN code LU1120398216
Lipper code 68300641
WKN Code A12DP4
Valoren Code 25999391
Initial charge 5.00%
Annual charges 1.20%
Launch date 11/12/2014
Currency GBP
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% of the 'Relevant Amount'
Minimum Lump Sum GBP1,500.00
Additional lump sum investment GBP300.00

A2 Acc HUSD

Distribution type Accumulation Net
ISIN code LU0506197614
Lipper code 68226055
WKN Code A1CZPL
Valoren Code 11268487
Initial charge 5.00%
Annual charges 1.20%
Launch date 04/04/2012
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% of the 'Relevant Amount'
Minimum Lump Sum USD2,500.00
Additional lump sum investment USD500.00

H1 EUR

Distribution type Income Net
ISIN code LU0942195230
Lipper code 68252361
WKN Code A114HF
Valoren Code 22851983
Initial charge 5.00%
Annual charges 0.75%
Launch date 14/01/2014
Dividend pay dates 20-Jul
XD dates 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).An indication of the historic performance fee payable can be found in the relevant KIID.20% of the 'Relevant Amount'
Minimum Lump Sum EUR750,000.00
Additional lump sum investment EUR2,500.00

H1 Inc HGBP

Distribution type Income Net
ISIN code LU1372839644
Valoren Code 31857799
Initial charge 5.00%
Annual charges 0.75%
Launch date 18/03/2016
Dividend pay dates 20-Jul
XD dates 01-Jul
Currency GBP
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% of the 'Relevant Amount'
Minimum Lump Sum GBP550,000.00
Additional lump sum investment GBP1,500.00

H2 EUR

Distribution type Accumulation Net
ISIN code LU0892274704
Lipper code 68267442
WKN Code A114HE
Valoren Code 22919201
Initial charge 5.00%
Annual charges 0.75%
Launch date 29/04/2014
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% of the 'Relevant Amount'
Minimum Lump Sum EUR750,000.00
Additional lump sum investment EUR2,500.00

H2 HUSD

Distribution type Accumulation Net
ISIN code LU1678963759
WKN Code A2JDAY
Valoren Code 39591193
Initial charge 5.00%
Annual charges 0.75%
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.20% of the 'Relevant Amount'
Minimum Lump Sum USD750,000.00
Additional lump sum investment USD2,500.00

X2 Acc EUR

Distribution type Accumulation Net
ISIN code LU0264598342
Lipper code 65066549
WKN Code A0LA52
Valoren Code 2694720
Initial charge 5.00%
Annual charges 1.20%
Launch date 01/12/2006
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% of the 'Relevant Amount'
Minimum Lump Sum EUR2,500.00
Additional lump sum investment EUR500.00

X2 HUSD

Distribution type Accumulation Net
ISIN code LU0506198851
Lipper code 68236034
WKN Code A1CZPA
Valoren Code 11268515
Initial charge 5.00%
Annual charges 1.20%
Launch date 22/10/2013
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% 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.
  • 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.
  • 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.
  • 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.
  • The Fund involves a high level of buying and selling activity and as such will incur a higher level of trading costs than a fund that trades less frequently.
  • 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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Key documents

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