Morningstar
RecommendedGuide to Asset Flows Open Window IconGuide to Indexes for Fund Management Open Window IconInvestment Analysis Platform for Fund Managers Fund Insights

Janus Henderson Horizon Global Technology Leaders Fund A2 USD

Register to Unlock Ratings
Performance History31/12/2021
Growth of 1,000 (GBP) Advanced Graph
Janus Henderson Horizon Global Technology Leaders Fund A2 USD
Fund31.3-1.134.136.618.9
+/-Cat6.02.24.0-7.14.0
+/-B’mrk5.1-4.6-7.7-2.7-12.1
 
Category: Sector Equity Technology
Category Benchmark: MSCI World/Information Tech...
Key Stats
NAV
20/01/2022		 USD 163.33
Day Change -0.62%
Morningstar Category™ Sector Equity Technology
ISIN LU0070992663
Fund Size (Mil)
30/11/2021		 USD 4346.36
Share Class Size (Mil)
20/01/2022		 USD 1877.85
Max Initial Charge 5.00%
Ongoing Charge
01/07/2021		  1.88%
Morningstar Research
Analyst Report

Janus Henderson Horizon Global Technology is a reasonable option for technology exposure, but given the structure of the approach, all share classes retain a Morningstar Analyst Rating of Neutral. Since the departure of long-standing lead manager...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
PeopleAverage
ParentAverage
ProcessAverage
Performance
Price
Investment Objective: Janus Henderson Horizon Global Technology Leaders Fund A2 USD
The Fund aims to provide capital growth over the long term. The Fund invests at least 90% of its net assets in equities or equity-related instruments of technology-related companies or companies that derive the main part of their revenue from technology. The Fund may invest in companies of any size, including smaller capitalisation companies, in any country. Equity-related instruments may include depository receipts. The Fund may use derivative instruments (such as futures, forwards, options and warrants) to reduce risk and to manage the Fund more efficiently. Under no circumstances shall the use of these instruments and techniques cause a Fund to diverge from its investment policy. On an ancillary basis and for defensive purposes, the Fund may invest in: • investment grade government bonds and associated derivative instruments; • cash and Money Market Instruments.
Returns
Trailing Returns (GBP)20/01/2022
YTD-6.95
3 Years Annualised24.64
5 Years Annualised20.30
10 Years Annualised18.54
12 Month Yield 0.00
Management
Manager Name
Start Date
Graeme Clark
30/11/2017
Richard Clode
30/11/2017
Click here to see others
Inception Date
15/10/1996
Advertisement
Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI ACWI IT+COMM SVC NR USDMSCI World/Information Tech NR USD
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 Horizon Global Technology Leaders Fund A2 USD31/12/2021
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock99.360.0099.36
Bond0.000.000.00
Property0.000.000.00
Cash5.634.990.64
Other0.000.000.00
Top 5 Regions%
United States78.31
Asia - Developed11.56
Eurozone5.30
Asia - Emerging3.86
Japan0.54
Top 5 Sectors%
Technology67.50
Communication Services18.93
Consumer Cyclical6.13
Financial Services5.50
Industrials1.13
Top 5 HoldingsSector%
Microsoft CorpTechnologyTechnology9.74
Apple IncTechnologyTechnology9.12
Alphabet Inc Class ACommunication ServicesCommunication Services5.07
Meta Platforms Inc Class ACommunication ServicesCommunication Services4.04
Alphabet Inc Class CCommunication ServicesCommunication Services3.04
Increase Decrease New since last portfolio
Janus Henderson Horizon Global Technology Leaders Fund A2 USD

Related

Fund Research & Insights
2021's Best and Worst Performing Funds
The past year was kind to energy and India funds, while China was the big loser. We round up the top and bottom funds rated by Morningstar
Up and Down Arrows
Sunniva Kolostyak
Special Report
Outlook 2022: Dividend Stocks Smoking in the Sunset
Our final monthly dividend round-up for the year looks back at 2021 and forward to 2022
Cigarette
James Gard
Fund Research & Insights
A Trust-y Trio? Our 3 Income Picks
We've looked in detail at some income-focused trusts with Morningstar Analyst Ratings
The numbers 1,2 and 3
Ollie Smith
Special Report
3 Indian Stocks with Great Governance
Gold-rated FSSA Indian Subcontinent Fund’s Vinay Agarwal picks these high conviction names
Taj Mahal, India
Kate Lin
Investment Trust Research & Insights
Top Investment Trusts of Q1
The first quarter of the year saw a rally in unloved stocks, helping value trusts to the top of the table. But which investment trusts lagged in the f...
Up and down arrows
Holly Black
Fund Research & Insights
5 Funds for a UK Economic Rebound
The UK has just posted its biggest annual economic contraction on record. We profile three funds for a recovery and two built for a prolonged slowdown
UK high street
James Gard
Fund Research & Insights
Do Currencies Matter for Fund Investors?
We have analysed the performance of three rated overseas funds to see if currency makes a difference to returns, and whether hedging is a profitable s...
Pound coin wide thumbnail 2020
James Gard
Fund Research & Insights
The Gold Rated Funds with Outflows
Some of Morningstar's most highly-rated funds have seen outflows this year. Why are investors abandoning these Gold-rated funds? 
New gold trophy trophies thumbnails
James Gard
Fund Research & Insights
Best and Worst Funds of 2020 So Far
It's been a volatile year so far and some funds have fared better than others. We look at the top and bottom performing open-ended funds of 2020 so fa...
Trophy 300 by 145
Annalisa Esposito
Fund Research & Insights
Mark Barnett Leaves Invesco After 24 Years
Departure comes after a long run of poor perfomance at Invesco income funds and removal from two investment trusts
Mark Barnett thumbnail
Holly Black
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)
© Copyright 2022 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Modern Slavery Statement        Cookie Settings

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

Select Your Site Edition To make sure the site is relevant to you, we need to know if you’re an individual investor or a financial professional.