Janus Henderson UK Absolute Return Fund A Acc

Performance History31/01/2020
Growth of 1,000 (GBP) Advanced Graph
Janus Henderson UK Absolute Return Fund A Acc
Fund1.12.7-3.43.90.9
+/-Cat-----
+/-B’mrk-----
 
Category: Alt - Long/Short Equity - UK
Category Benchmark: -
Key Stats
NAV
26/02/2020		 GBX 160.60
Day Change -0.31%
Morningstar Category™ Alt - Long/Short Equity - UK
IA (formerly IMA) Sector Targeted Absolute Return
ISIN GB00B5KKCS68
Fund Size (Mil)
31/01/2020		 GBP 1591.18
Share Class Size (Mil)
26/02/2020		 GBP 53.67
Max Initial Charge 0.50%
Ongoing Charge
11/02/2020		  1.69%
*  This rating and report were issued for a different share class of this fund. The performance and fee structure of this class may vary from that referenced.
Morningstar Research
Analyst Report

Janus Henderson UK Absolute Return’s experienced management duo and disciplined investment approach continue to make it a worthy long-biased choice in the absolute return space. It retains its Morningstar Analyst rating of Bronze.Seasoned...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
PeoplePositive
ParentNeutral
ProcessPositive
PerformancePositive
PriceNeutral
Investment Objective: Janus Henderson UK Absolute Return Fund A Acc
The Fund aims to achieve a positive absolute return in excess of the UK base interest rate, after charges (but before the deduction of any performance fees) over the long-term (rolling 3 year periods) regardless of market conditions. The Fund aims to provide an absolute (more than zero) return, typically over a 12-month period. An absolute return performance is not guaranteed over this, or any other, time period and consequently your capital is at risk. The Fund will typically invest at least 60% in shares or derivatives of UK companies . The Fund takes long positions on shares it believes will rise and short positions in shares it believes will fall. A substantial proportion of the Fund's assets may at any time consist of cash and near cash. The Fund may also invest up to 40% in shares or derivatives of companies outside of the UK. The Fund makes extensive use of derivatives to obtain both its long and short investment exposure.
Returns
Trailing Returns (GBP)26/02/2020
YTD1.20
3 Years Annualised1.36
5 Years Annualised2.15
10 Years Annualised4.04
12 Month Yield 0.00
Management
Manager Name
Start Date
Benjamin Wallace
29/04/2009
Luke Newman
29/04/2009
Inception Date
29/04/2009
Advertisement
Category Benchmark
Fund BenchmarkMorningstar Benchmark
Not Benchmarked-
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNot Specific
GrowthYes
IncomeNot Specific
HedgingNot Specific
OtherNot Specific
Portfolio Profile for  Janus Henderson UK Absolute Return Fund A Acc31/01/2020
Morningstar Style Box®
Equity Style
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock62.6146.5016.11
Bond0.000.000.00
Property0.000.000.00
Cash146.8263.6783.15
Other0.740.000.74
Fixed Income
Effective Maturity-
Effective Duration-
Top 5 Regions%
United Kingdom46.45
United States33.66
Eurozone9.87
Europe - ex Euro9.47
Canada0.55
Top 5 Sectors%
Communication Services32.82
Financial Services17.92
Basic Materials9.80
Real Estate8.11
Consumer Defensive7.53
Top 5 HoldingsSector%
RELX PLCCommunication ServicesCommunication Services8.07
Increase Decrease New since last portfolio
Janus Henderson UK Absolute Return Fund A Acc

Related

ISA Investing
Fund Options for Cautious Investors
Private investor Anitta Aminoff may be playing it safe, but her investments have still helped her onto the housing ladder
Emma Simon
Market Update
Henderson: Buy Europe, Sell US
Janus Henderson UK Absolute Return fund manager Luke Newman explains why he is shorting US equities and buying European companies
Emma Wall
Fund Research & Insights
Building the Best Portfolio for Your Child
Looking for some last minute Junior ISA investment ideas? Experts agree that the longer your investment horizon, the more short-term volatility y...
Kara Gammell
Fund Research & Insights
Absolute Return Funds Fail to Deliver Despite £6bn Inflows
Investors continue to seek shelter in absolute return funds during market uncertainty, but some of those funds have lost investors money
Karen Kwok
Fund Research & Insights
Investors Continue to Seek Shelter in Absolute Return Funds
Investors have bought more multistrategy fundsthan any other asset class this year, reflecting their concerns over volatility and asset prices
Karen Kwok
Investing for Retirement
Investor Views: "I Want to Invest my Pension in Frontier Funds"
Financial professional Juliet Schooling-Latter tells Morningstar how she is looking to step up the risk profile of her own pension, despite volatile m...
Emma Simon
ISA Investing
Investor Views: “I Want to Get a Better Investment Return for My Children”
ISA investor Sophie Blythe tells Morningstar how being a regular saver enables her to take more risk with her money
Emma Simon
Fund Research & Insights
3 Top Absolute Return Funds
ASK THE EXPERT: Morningstar fund analyst Fatima Khizou highlights three absolute return funds that have delivered positive returns to investors throug...
Emma Wall
Fund Research & Insights
3 Absolute Return Funds that Deliver Absolute Returns
Absolute return funds came under scrutiny after many funds delivered materially negative returns during the financial crisis and again during the market turmoil in summer of 2011
Fatima Khizou
Fund Research & Insights
Fund Analyst's ISA Picks
ASK THE EXPERT: Morningstar analyst Oliver Kettlewell reveals that he looks at his portfolio as a whole and choose his ISA investments based on asset ...
Emma Wall
In order to provide consistency across the report data provided by different Asset Managers, the calculated data points presented are generated using Morningstar’s proprietary calculation methodology which is set out in more detail at(https://www.morningstar.com/research/signature)

Audience Confirmation

By clicking 'accept' I acknowledge that this website uses cookies and other technologies to tailor my experience and understand how I and other visitors use our site. See 'Cookie Consent' for more detail.
  • Other Morningstar Websites
© Copyright 2020 Morningstar, Inc. All rights reserved.      Terms of Use     Privacy Policy.    Cookie Consent
HelpGlossaryLicensing OpportunitiesData OpportunitiesCareersContact MorningstarMethodologyAdvertiseSite MapCookie Consent
© Copyright 2020 Morningstar. All rights reserved. Terms of Use | Privacy Policy | Cookies

The Morningstar Star Rating for Stocks is assigned based on an analyst's estimate of a stocks fair value. It is projection/opinion and not a statement of fact. Morningstar assigns star ratings based on an analyst’s estimate of a stock's fair value. Four components drive the Star Rating: (1) our assessment of the firm’s economic moat, (2) our estimate of the stock’s fair value, (3) our uncertainty around that fair value estimate and (4) the current market price. This process culminates in a single-point star rating that is updated daily. A 5-star represents a belief that the stock is a good value at its current price; a 1-star stock isn't. If our base-case assumptions are true the market price will converge on our fair value estimate over time, generally within three years. Investments in securities are subject to market and other risks. Past performance of a security may or may not be sustained in future and is no indication of future performance. For detail information about the Morningstar Star Rating for Stocks, please visit here

Quantitative Fair Value Estimate represents Morningstar’s estimate of the per share dollar amount that a company’s equity is worth today. The Quantitative Fair Value Estimate is based on a statistical model derived from the Fair Value Estimate Morningstar’s equity analysts assign to companies which includes a financial forecast of the company. The Quantitative Fair Value Estimate is calculated daily. It is a projection/opinion and not a statement of fact. Investments in securities are subject to market and other risks. Past performance of a security may or may not be sustained in future and is no indication of future performance. For detail information about the Quantiative Fair Value Estimate, please visit here