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Janus Henderson Pan European Smaller Companies Fund A2 EUR
Janus Henderson Fund (SICAV domiciled in Luxembourg)
Key Information
Legal Documents
Performance
Analysis

Fund Profile

Category: SICAV

Objective The Fund aims to provide a return, from a combination of capital growth and income over the long term (5 years or more). Investment policy The Fund invests at least two-thirds of its assets in shares (equities) and equity-related securities of smaller companies, in any industry, in Europe (including UK). Companies will have their registered office in or do most of their business (directly or through subsidiaries) in this region. The Fund may also invest in other assets including companies of any size, in any region, cash and money market instruments. The investment manager may use derivatives (complex financial instruments) to reduce risk or to manage the Fund more efficiently. The Fund is activelymanaged with reference to theEMIXSmallerEuropean Companies Index, which is broadly representative of the companies in which itmayinvest, as this can provide a useful comparator for assessing the Fund's performance.The investmentmanager has discretion to choose investments for the Fund with weightings different to the index or not in the index, but at times the Fund may hold investments similar to the index. Strategy The investment manager focuses on meetings and calls with company management, along with the use of quantitative filters, to identify potential companies for investment. Emphasis is placed on the robustness of a company’s business model, an analysis of what drives the business, what its competitive advantage is, and the sustainability of returns. The Fund maintains a well-diversified portfolio of smaller companies but will also hold some companies regarded as medium sized. The liquidity of the company (the degree to which shares can be quickly bought or sold in the market at a price reflecting its intrinsic value) is important in determining whether to invest and the size of the holding for the Fund. Distribution policy This share class accumulates incomewhich is retained within the price of the share class. Recommendation This Fund may not be appropriate for investors who plan to withdraw their money within 5 years. The Fund is designed to be used only as one component of several in a diversified investment portfolio. Investors should consider carefully the proportion of their portfolio invested into this Fund. You can buy, sell or switch shares in the Fund on any dealing day, as defined in the Company's Prospectus. For an explanation of some of the terms used in this document, please visit the glossary on our website at www.janushenderson.com.

Morningstar Rating
More information about the calculation of the Morningstar Ratings
Risk and reward profile
6
Lower Risk
Possible Lower
Returns
Higher Risk
Possible Higher
Returns
Key Information
Closing Price 23/09/202121.91
Morningstar categoryEurope Small-Cap Equity
CurrencyEUR
Distribution statusAccumulating
ISINLU0201078713
Inception Date24/03/2005
Minimum initial amount500.00 EUR
Fees And Charges
Entry feeNone
Custody feeNone
Exit feeNone
Ongoing charge1.67% of which 0.75% is paid to MeDirect
Fund management company
AddressJanus Henderson Investors 151 Detroit Street Denver 80206 United States
Manager NameOllie Beckett
Manager Start Date25/04/2011
Websitewww.janushenderson.com
Total Net Assets (mil)103.36 EUR (31/08/2021)
UCITSYes
AdministratorBNP Paribas Securities Services (Lux)

Documents

Prospectus
aaen 06/04/2021
Annual Report
aaen 30/09/2020
Semi Annual Report
aaen 31/03/2020
Morningstar Report
aa25/09/2021

Performance

Historical returns are no guarantee for future performances. Investing in Financial markets and securities involves risk. Past performance is not a guarantee of future results. Investment losses may occur and investors could lose some or all of their investment in the Fund.
Entry fees, purchase charges, custody fees, exit fees, sale charges and taxes are not included in the calculation of past performance. Ongoing charges (including management fees, administrative fees and other costs) have been taken in to account, as they are already included in the price/NAV of the fund.
Annualised performance in EUR
PeriodAnnualised returnDate
1 year55.63%23/09/2021
3 years14.05%23/09/2021
5 years12.48%23/09/2021
10 years15.45%23/09/2021
Since launch10.84%23/09/2021
Cumulative performance in EUR
Performance
YTD 01/01/202121.07
1 month-0.17
3 months1.18
6 months6.19
Quarterly Returns
Q 1Q 2Q 3Q 4
202116.25%2.72%--
2020-35.78%30.33%6.22%25.67%
201914.81%5.13%-0.89%13.16%
2018-1.99%2.67%-4.02%-17.26%
20179.43%4.42%3.53%-0.87%
Dividend

Analysis

Asset Allocation
% Long% Short% Net Assets
Stock100.55%0.00%100.55%
Bond0.00%0.00%0.00%
Cash4.72%5.27%-0.55%
Other0.00%0.00%0.00%
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
21.3527.7222.06
Sharpe Ratio
2.120.640.70
Sortino Ratio
14.490.961.05
Positive Months8.0022.0039.00
Negative Months4.0014.0021.00
Worst Month-2.25-26.47-26.47
World Regions
Region%
Eurozone61.97
United Kingdom24.24
Europe - ex Euro14.34
Stock Sector Weighting
Sector% of Equity
Financial Services22.51
Consumer Cyclical
22.23
Industrials21.99
Technology7.22
Communication Services7.20
Consumer Defensive
3.88
Utilities3.71
Basic Materials3.24
Healthcare3.16
Real Estate2.89
Energy2.51
Top 10 Holdings
HoldingSectorCountry% of Assets
Van Lanschot Kempen NV Financial ServicesNetherlands3.93
Aareal Bank AG Financial ServicesGermany3.60
TKH Group NV TechnologyNetherlands3.23
Tate & Lyle PLC Consumer DefensiveUnited Kingdom2.34
Plastic Omnium Consumer CyclicalFrance2.33
Verallia Consumer CyclicalFrance2.17
DFDS A/S IndustrialsDenmark2.10
Fnac Darty SA Consumer CyclicalFrance1.99
Kindred Group PLC Shs Swedish Depository Receipts Consumer CyclicalMalta1.90
Grupo Catalana Occidente SA Financial ServicesSpain1.90
Classification of Morningstar Category
Ranking1 Year2 Years3 Years5 Years
Top 25%
Category above the average
Category below the average
Bottom 25%
Morningstar Style Box
Equity Style
Large
Size
Mid
Small
Value
Blend
Growth
Style
21.91
Closing Price
All key information and documents must be reviewed before being able to Invest.

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MeDirect Bank (Malta) plc, company registration number C34125, is licensed to undertake the business of banking in terms of the Banking Act (Cap. 371) and investment services under the Investment Services Act (Cap. 370). MeDirect Bank (Malta) plc is regulated by the Malta Financial Services Authority as a Credit Institution under the Banking Act 1994.