Janus Henderson Investors Absolute Return Class I Acc

Essentials Portfolio Analysis Background Data Performance View PDF Factsheet
Portfolio data accurate as at:

Performance

Discrete performance - to last month end

31/08/19
to
31/08/20		 31/08/20
to
31/08/21		 31/08/21
to
31/08/22		 31/08/22
to
31/08/23		 31/08/23
to
31/08/24
Fund 4.2% 4.8% -3.0% 6.4% 8.6%
Sector 0.2% 6.5% -0.4% 1.3% 8.4%
Rank 22/67 42/69 41/73 8/78 40/79
Quartile 2 3 3 1 2

Annualised performance

Annualised
3 Years to
31/08/24		 5 Years to
31/08/24		 10 Years to
31/08/24
Fund 3.9% 4.1% 3.5%
Sector 3.0% 3.1% 2.4%
Rank 25/73 25/67 17/41
Quartile 2 2 2

Top 10 Holdings

Stock % Weight
RELX 9.66
Santander UK PLC CD 5.17% GBP 02-Dec-2024 2.20
Sumitomo Mitsui Banking Corp CD 5.31% GBP 09-Oct-2024 1.88
Mitsubishi UFJ Trust & Banking Corp/London CD 5.37% GBP 20-Sep-2024 1.77
Sumitomo Mitsui Banking Corp CD 5.29% GBP 15-Oct-2024 1.71
ING Bank NV/London CD 5.2% GBP 26-Nov-2024 1.68
Sherborne Investors Management (Guernsey) LLC Sherborne Investors (Guernsey) C Ltd Ord 1.68
Citibank NA CD 5.28% GBP 11-Nov-2024 1.67
UBS AG CD 5.27% GBP 01-Oct-2024 1.45
Credit Industriel et Commercial/London CD 5.3% GBP 18-Nov-2024 1.45
Total 25.15

Fund Aims

The fund aims to provide a positive return over the long term whether markets go up or down by investing in UK company shares. Derivatives will be used to help the fund achieve its objective. The fund aims to typically deliver absolute (more than zero) returns in each year, although an absolute return performance is not guaranteed. Over the short term it may experience periods of negative returns so the fund may not achieve this objective.

Fund Manager

Luke Newman manager for 14 years and 6 months

Photo of Luke Newman Luke joined Henderson in 2011 as a Senior Investment Manager for European Equities. Prior to that, Luke worked at Gartmore from June 2009 after joining from Altima Partners LLP to manage the Alphagen Octanis & Gartmore UK Absolute Return funds alongside Ben Wallace. Previously Luke was a UK Fund Manager at Deutsche Asset Management running high performance mandates before moving to Foreign & Colonial in 2005 where he launched the F&C Special Situations fund and subsequently the F&C Enhanced Alpha fund which took advantage of the UCITSIII regulations to introduce an active shorting strategy. Luke graduated from the University of Warwick with a BSc Hons in Economics & Politics.

Fund Overview

Mid (30/08/2024) 202.70p
Historic yield 2.80%
Fund size (31/07/2024) £909.77m
Number of holdings 275
Entry Charge 5.00%
Ongoing Charges 1.07%
Launch date 14/04/2009

Asset Allocation

pie chart
  Alternative Trading Strategies 55.87%
  International Bonds 45.90%
  UK Corporate Bonds 15.58%
  UK Equities 13.99%
  Cash and Equivalents 8.45%
  International Equities 7.91%
  Other Assets -47.70%
Portfolio data accurate as at: 31/07/24

Important Information

Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Portfolio data accurate as at:

Asset Allocation

pie chart
  Alternative Trading Strategies 55.87%
  International Bonds 45.90%
  UK Corporate Bonds 15.58%
  UK Equities 13.99%
  Cash and Equivalents 8.45%
  International Equities 7.91%
  Other Assets -47.70%

Bond Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
 Bonds 61.48% - - -
 
 Alternative Trading Strategies 55.87% - - -
 
 Alternative Trading Strategies - 55.87% - -
 
 Alternative Trading Strategies - - 55.87% -
 
 Alternative Trading Strategies - - - 55.87%
 
 Consumer Discretionary 10.75% - - -
 
 Media - 9.66% - -
 
 Media - - 9.66% -
 
 Publishing - - - 9.66%
 
 Consumer Products & Services - 0.93% - -
 
 Household Goods & Home Construction - - 0.93% -
 
 Home Construction - - - 0.93%
 
 Retail - 0.16% - -
 
 Retailers - - 0.16% -
 
 Diversified Retailers - - - 0.16%
 
 Cash and Equivalents 8.45% - - -
 
 Financials 3.44% - - -
 
 Insurance - 1.72% - -
 
 Non-life Insurance - - 1.72% -
 
 Reinsurance - - - 1.00%
 
 Property & Casualty Insurance - - - 0.67%
 
 Full Line Insurance - - - 0.05%
 
 Financial Services - 1.69% - -
 
 Investment Banking & Brokerage Services - - 1.69% -
 
 Asset Managers & Custodians - - - 1.53%
 
 Investment Services - - - 0.17%
 
 Banks - 0.02% - -
 
 Banks - - 0.02% -
 
 Banks - - - 0.02%
 
 Industrials 2.34% - - -
 
 Industrial Goods & Services - 1.81% - -
 
 Industrial Support Services - - 1.00% -
 
 Professional Business Support Services - - - 0.89%
 
 Transaction Processing Services - - - 0.11%
 
 Industrial Transportation - - 0.53% -
 
 Transportation Services - - - 0.33%
 
 Commercial Vehicle-Equipment Leasing - - - 0.20%
 
 Electronic & Electrical Equipment - - 0.28% -
 
 Electronic Equipment: Other - - - 0.16%
 
 Electronic Equipment: Gauges & Meters - - - 0.12%
 
 Construction & Materials - 0.53% - -
 
 Construction & Materials - - 0.53% -
 
 Building: Climate Control - - - 0.53%
 
 Technology 1.40% - - -
 
 Technology - 1.40% - -
 
 Technology Hardware & Equipment - - 0.86% -
 
 Production Technology Equipment - - - 0.50%
 
 Semiconductors - - - 0.20%
 
 Computer Hardware - - - 0.16%
 
 Software & Computer Services - - 0.54% -
 
 Software - - - 0.54%
 
 Basic Materials 0.85% - - -
 
 Basic Resources - 0.85% - -
 
 Precious Metals & Mining - - 0.61% -
 
 Gold Mining - - - 0.61%
 
 Industrial Metals & Mining - - 0.23% -
 
 Iron & Steel - - - 0.23%
 
 Health Care 0.62% - - -
 
 Health Care - 0.62% - -
 
 Medical Equipment & Services - - 0.32% -
 
 Medical Equipment - - - 0.32%
 
 Pharmaceuticals & Biotechnology - - 0.29% -
 
 Pharmaceuticals - - - 0.29%
 
 Consumer Staples 0.47% - - -
 
 Food, Beverage & Tobacco - 0.25% - -
 
 Beverages - - 0.25% -
 
 Soft Drinks - - - 0.25%
 
 Personal Care, Drug & Grocery Stores - 0.22% - -
 
 Personal Care, Drug & Grocery Stores - - 0.22% -
 
 Personal Products - - - 0.22%
 
 Non-Classified -45.66% - - -
 
 Non-Classified - 4.27% - -
 
 Non-Classified - - 4.27% -
 
 Non-Classified - - - 4.27%

Regional Allocation

pie chart
  UK 24.91%
  Developed Europe - Excl UK 22.81%
  North America 16.60%
  Non-Classified 13.06%
  Cash and Equivalents 8.45%
  Australia & New Zealand 5.14%
  Middle East & Africa 3.73%
  Developed Asia 3.19%
  Japan 2.11%

Fixed Interest Currencies

pie chart
  Pound Sterling 61.48%
  Non-Fixed Interest Assets 30.07%
  Cash 8.45%

Regional Breakdown

Expand allCollapse all
Region Country
 
 UK 24.91% -
 
 United Kingdom - 24.91%
 
 Developed Europe - Excl UK 22.81% -
 
 Netherlands - 5.54%
 
 Finland - 4.79%
 
 France - 3.47%
 
 Denmark - 3.10%
 
 Sweden - 2.58%
 
 Switzerland - 1.45%
 
 Norway - 1.41%
 
 Ireland - 0.34%
 
 Germany - 0.13%
 
 North America 16.60% -
 
 United States - 8.55%
 
 Canada - 7.05%
 
 Bermuda - 1.00%
 
 Non-Classified 13.06% -
 
 Cash and Equivalents 8.45% -
 
 Australia & New Zealand 5.14% -
 
 Australia - 5.14%
 
 Middle East & Africa 3.73% -
 
 United Arab Emirates - 3.73%
 
 Developed Asia 3.19% -
 
 Singapore - 3.19%
 
 Japan 2.11% -
 
 Japan - 2.11%

Property Regions

pie chart
  Bellway 2.90%
  Meggitt 2.20%
  Legal & General 2.10%
  Visa 1.40%
  BP 1.40%
  CRH 1.30%
  Other 4.80%

Asset Allocation

pie chart
  Industrials 8.40%
  Financials 6.50%
  Health Care 2.90%
  Consumer Goods 2.40%
  Technology 2.20%
  Consumer Services 1.80%
  Other Assets -8.90%

Breakdown By Market Cap (%)

Mega
 
 
13.00%
Large
 
 
2.15%
Medium
 
 
0.08%
Small
 
 
1.81%
Non-Classified
 
 
13.04%
Bonds
 
 
61.48%
Cash
 
 
8.45%

Fixed Interest Maturity Profile

< 5Yr Maturity
 
 
61.48%
Cash And Equivalents
 
 
8.45%
Unknown Maturity
 
-56.63%
Other Asset Types
 
 
86.70%

Fixed Interest Quality Profile

Unknown Quality
 
 
61.48%
Cash and Equivalents
 
 
8.45%
Other Asset Types
 
 
30.07%

Top 10 Holdings

Stock % Weight Sector Country
1 RELX 9.66% Media United Kingdom
2 Santander UK PLC CD 5.17% GBP 02-Dec-2024 2.20% Bonds United Kingdom
3 Sumitomo Mitsui Banking Corp CD 5.31% GBP 09-Oct-2024 1.88% Bonds United Kingdom
4 Mitsubishi UFJ Trust & Banking Corp/London CD 5.37% GBP 20-Sep-2024 1.77% Bonds United Kingdom
5 Sumitomo Mitsui Banking Corp CD 5.29% GBP 15-Oct-2024 1.71% Bonds United Kingdom
6 ING Bank NV/London CD 5.2% GBP 26-Nov-2024 1.68% Bonds Netherlands
7 Sherborne Investors Management (Guernsey) LLC Sherborne Investors (Guernsey) C Ltd Ord 1.68% Non-Classified United Kingdom
8 Citibank NA CD 5.28% GBP 11-Nov-2024 1.67% Bonds United States
9 UBS AG CD 5.27% GBP 01-Oct-2024 1.45% Bonds Switzerland
10 Credit Industriel et Commercial/London CD 5.3% GBP 18-Nov-2024 1.45% Bonds France

Important Information

The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Identification Codes

Sedol Code B5KKCX1
Mex Code NWGUAR
Isin Code GB00B5KKCX12
Citi Code F9A5

Fund Charges

Entry Charge 5.00%
Ongoing Charges 1.07%

Aims and Benchmark

Aims The fund aims to provide a positive return over the long term whether markets go up or down by investing in UK company shares. Derivatives will be used to help the fund achieve its objective. The fund aims to typically deliver absolute (more than zero) returns in each year, although an absolute return performance is not guaranteed. Over the short term it may experience periods of negative returns so the fund may not achieve this objective.
Benchmark Performance Fee Hurdle UK Base Rate
Benchmark Category -
IA Sector Targeted Absolute Return

Fund Background

Valuation frequency Daily
Valuation point 12:00
Fund type OEIC
Launch price £1.00
Fund currency Pound Sterling
Fund domicile United Kingdom
ISA allowable Yes
SIPP allowable Yes

Distribution Details

Income frequency Biannually
Distribution Type Dividend
Distribution Payment Basis Net

Distribution Dates

Ex dividend date(s) Income payment date(s)
01 December 31 January
01 June 31 July

Ratings

FE Crown Crown Rating of 3

Effect of Deductions

Assuming a growth rate of 6.00% Assuming a growth rate of 7.00%
- -

Fund Administration

Fund Trustee/Depository The National Westminster Bank plc
Fund Administrator IFDS
Fund Registrar IFDS
Fund Custodian BNP Paribas

Group Details

Group name Janus Henderson Investors
Group address PO Box 9023 Chelmsford CM99 2WB
Group telephone 0800 832 832
Dealing telephone 0845 608 8703
Email support@henderson.com
Homepage www.henderson.com
Fax number 0870 888 3094

Dealing

Minimum Investment £500000
Minimum Top Up £10000
Minimum Regular Saving -
Settlement Period: Buy 4 days
Settlement Period: Sell 4 days
Pricing Basis Forward
Dealing Decimals 4

Important Information

Ongoing charges may vary in the future and may be higher than they are now. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Important Information

Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage. "Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.