Janus Henderson Horizon Euro Corporate Bond Fund A2 EUR
Sub-fund of Janus Henderson Horizon Fund (SICAV domiciled in Luxembourg)
Key Information
Legal Documents
Performance
Analysis

Fund Profile

Category: SICAV

Franklin Absolute Return Bond Fund (the “Fund”) seeks a positive return (through a combination of income and capital growth) each calendar year. In addition, over a three to five-year period, the Fund aims to outperform the London Interbank Offered Rate (LIBOR) 90 Day (GBP) by 2% after all fees and costs are deducted. There is no guarantee that the Fund will achieve its objective over this or any other time period; capital invested in the Fund is at risk and you may get back less than you paid in. The Fund intends to achieve its objective by investing at least two thirds (but typically significantly more) in: · debt securities or bonds issued by governments, government-related entities, supranational organisations and corporations in any industry, anywhere in the world of any maturity, duration or quality, although no more than 50% of the portfolio will be invested in securities rated below investment grade (rated below BBB- by Standard & Poor’s or Baa3 by Moody’s). · up to 30% of assets can be invested in currencies other than the pound (GBP), this does not include currencies that are hedged back to the pound. · related derivatives for hedging and investment purposes. The Fund may invest to a lesser extent in: · mortgage and asset-backed securities; · convertible bonds; · structured products; · other asset classes. The Fund seeks to generate returns from various sources and as such the assets of the Fund may be diversified by risk type, including credit sectors, currency and duration. The Fund will normally seek to manage the level of portfolio risk within a volatility range of 1 to 3% on an annualised ex ante basis (the estimated future risk over a year). The Fund’s performance target is the London Interbank Offered Rate (LIBOR) 90 Day (GBP) Index plus 2%. The London Interbank Offered Rate (LIBOR) 90 Day (GBP) reflects the rate of return investors could typically expect from money markets. The Fund uses derivatives with the aim of growing capital, providing cost-effective access to different types of investment, reducing short term changes in value or risk and preserving capital and to increase the efficiency of managing the portfolio. You may request the sale of your shares on any UK business day. The income received from the Fund's investments is accumulated and included in the value of the shares. For further information on the Objectives and Investment Policy of the Fund, please refer to the “Investment Objectives and Policies of the Funds” section of the current prospectus of Franklin Templeton Funds. Terms to Understand Asset-backed securities: Debt securities whose value and income payments are derived from a pool of underlying assets. Debt securities: Securities representing the issuer’s obligation to repay a loan at a specified date and to pay interest.

Morningstar Rating
More information about the calculation of the Morningstar Ratings
Bronze
Bronze
Risk and reward profile
3
Lower Risk
Possible Lower
Returns
Higher Risk
Possible Higher
Returns
Key Information
Closing Price 13/12/2019163.59
Morningstar categoryEUR Corporate Bond
CurrencyEUR
Distribution statusAccumulating
ISINLU0451950314
Inception Date18/12/2009
Minimum initial amount100.00 EUR
Fees And Charges
Entry feeNone
Purchase charge0.5% (subject to minimum)
Custody feeNone
Exit feeNone
Sale chargeNone
Ongoing charge1.18% of which 0.38% is paid by the Fund Manager to MeDirect
Fund management company
AddressJanus Henderson Investors 151 Detroit Street Denver 80206 United States
Manager NameThomas Ross
Manager Start Date01/08/2015
Websitewww.janushenderson.com
Total Net Assets (mil)1,730.18 EUR (30/11/2019)
UCITSYes
AdministratorBNP Paribas Securities Services (Lux)

Legal Documents

Prospectus
en 29/03/2019
Annual Report
en 30/06/2019
Semi Annual Report
en 31/12/2018
Morningstar Report
15/12/2019

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 year6.57%13/12/2019
3 years2.78%13/12/2019
5 years2.05%13/12/2019
Since launch5.05%13/12/2019
Cumulative performance in EUR
Performance
YTD 01/01/20196.46%
1 month0.18%
3 months-0.14%
6 months1.96%
Quarterly Returns
Q 1Q 2Q 3Q 4
20193.16%2.20%1.35%-
2018-0.75%0.05%0.09%-0.86%
20170.32%0.81%1.06%0.57%
20161.43%1.54%2.59%-1.43%
20151.97%-3.53%-1.16%1.09%
Dividend
No Data Available

Asset Allocation
% Long% Short% Net Assets
Stock0.00%0.00%0.00%
Bond98.12%9.61%88.51%
Cash29.74%21.15%8.58%
Other2.96%0.05%2.91%
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
2.422.092.91
Sharpe Ratio
2.771.460.80
Sortino Ratio
10.283.951.38
Positive Months9.0021.0033.00
Negative Months3.0015.0027.00
Worst Month-0.64-0.75-2.42
World Regions
No Data Available
Stock Sector Weighting
No Data Available
Top 10 Holdings
HoldingSectorCountry% of Assets
Euro BUND Future Sept19 06/09/20198.72
Euro BUXL 30Y Bond Sept19 06/09/20191.35
Total S.A. 3.88% France1.21
Bank of America Corporation 0.74% United States1.20
Volkswagen Leasing GmbH 1.62% Germany1.10
Verizon Communications Inc. 3.25% United States1.06
General Electric Company 1.88% United States1.05
Anheuser-Busch InBev N.V./S.A. 1.15% Belgium1.05
Richemont International Holding S.A. 1% Switzerland1.02
Classification of Morningstar Category
Ranking1 Year2 Years3 Years5 Years
Top 25%
Category above the average
Category below the average
Bottom 25%
Morningstar Style Box
No Data Available
163.59
Closing Price
All key information and documents must be reviewed before being able to Invest.