Generic Links

 

Welcome to RL360°'s

dedicated financial adviser website

For financial advisers only

Not to be distributed to, or relied on by, retail clients

Online Services Secure online services

Sign in | Register

Fund Name Changes - Henderson and Janus Global Fund Ranges

With effect 15 December 2017, funds will have a new pre-fix of "Janus Henderson".

Impacts on
these guided architecture products

Impacts on
open architecture products including

On 31 May 2017, Janus Capital Group Inc. and Henderson Group plc completed an all-stock merger to form Janus Henderson Group plc (Janus Henderson).


As part of the continued integration of the two businesses, the newly formed company will now be updating the fund names across their existing Henderson and Janus ranges to incorporate the new Janus Henderson identity.


All funds will be pre-fixed with Janus Henderson. For example, the Henderson Horizon Asian Growth Fund will become the Janus Henderson Horizon Asian Growth Fund. The Janus Balanced Fund will become the Janus Henderson Balanced Fund.


All umbrella structures will be renamed accordingly:


  • Henderson OEIC will be renamed Janus Henderson OEIC
  • Henderson Horizon Fund will be renamed Janus Henderson Horizon Fund
  • Henderson Gartmore Fund will be renamed Janus Henderson Fund
  • Janus Capital Funds will be renamed Janus Henderson Capital Funds.

A list of the funds and their ISIN's can be viewed opposite. Note that some changes are subject to shareholder approval.



Funds that will undergo more significant changes

More significant changes will affect the following funds:


Henderson Global Growth Fund

The investment objective and policy will be amended to better reflect the investment process. Consequently, will be renamed Janus Henderson Global Equity.


Henderson Global Care Growth Fund

The investment objective and policy will be amended to remove reference to wider range of investible assets and reference to income. Consequently, will be renamed Janus Henderson Global Sustainable Equity Fund.


Henderson Global Care UK Income Fund

The investment objective and policy will be amended to better reflect the investment process. Consequently, will be renamed Janus Henderson UK Responsibility Income Fund.


Henderson Institutional Global Care Managed Fund

The investment objective and policy will be amended to better reflect the investment process. Consequently, will be renamed Janus Henderson Institutional Global Responsible Managed Fund.


Henderson Gartmore Global Growth Fund

The investment objective and policy will be amended to better reflect the investment process. Consequently, will be renamed Janus Henderson Global Equity Fund.


Henderson Gartmore Pan European Smaller Companies Fund

The reference in the investment objective to market capitalisation of European Smaller Companies not exceeding Euro 3.5 billion will be amended to read will not exceed Euro 5 billion.


Janus US Twenty Fund

The investment objective and policy will be amended to from a core portfolio of 20-30 common stocks, to 20-40 common stocks. Consequently, will be renamed Janus Henderson US Forty Fund.


Janus Emerging Markets Fund

The fund will be renamed Janus Henderson Emerging Markets Leaders Fund.


Janus Absolute Return Income Fund

The investment policy will be amended to state it will not invest in Debt Securities with a credit rating below B- by Standard & Poor’s or Fitch or B3 by of Moody’s or if unrated, deemed to be of comparable quality by the Investment Adviser. The mortgage backed, asset backed and credit linked note securities in which the Fund may invest will be rated investment grade. No more than 1% of the Fund’s Net Asset Value may be invested in subordinated securities issued by the same issuer.


Janus Balanced Fund

It is proposed to amend the investment policy so that going forward when calculating the Fixed Income Investment it will include loan participations, i.e. the Fund will invest 35%-65% of its net asset value in Debt Securities of US Issuers “and loan participations”. There is to be no amendment to the current 10% limit on investment in such loan participations.


For all the above, there will be no change to the overall risk profile of the funds.


Copies of letters regarding the changes can be viewed opposite.



_______________________________________________________________________

For more information on Janus Henderson visit www.janushenderson.com