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Janus Henderson Absolute Return Fixed Income Class I - Income (GBP)

Sell:100.55p Buy:100.55p Change: 0.042p (0.04%)
Prices as at 7 April 2020
Sell:100.55p
Buy:100.55p
Change: 0.042p (0.04%)
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account
Prices as at 7 April 2020
Sell:100.55p
Buy:100.55p
Change: 0.042p (0.04%)
Prices as at 7 April 2020
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.
Also available as accumulation units Help

Charges and Savings

Initial charges
Initial charge: 0.00%
Initial saving from HL: 0.00%
HL dealing charge: Free
Net initial charge: 0.00%
Annual charges
Performance fee: No  
Ongoing charge (OCF/TER): 0.55%
Ongoing saving from HL: 0.00%
Net ongoing charge: 0.55%
There are other unit types of this fund available:
Class I - Accumulation (GBP) (Net ongoing charge 0.55%)

In some cases the ongoing savings are provided by our loyalty bonus. Loyalty bonuses are tax-free in an ISA or SIPP. However, they may be subject to tax in a Fund & Share Account which would, in effect, reduce their value and increase the net ongoing charge.


Other Information

Unit type: Unbundled
Manager:
Multiple
Fund launch date: 25 February 2019
Sector: N/A
Fund size: £35 million
Number of holdings: 148
Fund type: OEIC
Accumulation/income: Income
Dealing frequency: Daily
Valuation point: 12:00
Trustee: The National Westminster Bank plc
Minimum investment: £100.00
Charges deducted from: Income
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00

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Performance

06/04/15 to 06/04/16 06/04/16 to 06/04/17 06/04/17 to 06/04/18 06/04/18 to 06/04/19 06/04/19 to 06/04/20
Annual return n/a n/a n/a n/a 2.16%

Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.

View fund chart

Our view on this fund

The Wealth 50 is the list of what we believe are the best funds in each sector. If a fund is not within our Wealth 50 this is not necessarily a recommendation to sell. However, if you are thinking of adding to your investments, we believe the Wealth 50 is a good place to start. View funds on the Wealth 50 »

Fund Objective

The Fund aims to generate a positive return (more than zero), after the deduction of costs and charges, over a rolling 12 month period. An absolute return performance is not guaranteed over this specific, or any other, time period and consequently capital is in fact at risk. In normal market conditions, the Fund will invest, directly or via the use of eligible derivatives, at least 80% of its Net Asset Value in fixed income and variable rate securities (including Asset Backed and Mortgage Backed Securities), currencies, money market instruments, cash and near cash located anywhere in the world (including emerging markets) and across the credit spectrum. The Fund will not invest more than 15% of its Net Asset Value in sub-investment grade fixed income securities and will not invest in fixed income securities that are rated lower than B- or B3, or if unrated, those deemed to be of a comparable quality by the Investment Manager. The Fund may also invest in other transferable securities and collective investment schemes. The Fund is not constrained by any index or benchmark. The Fund may use derivatives to achieve its investment objective and for the purpose of efficient portfolio management (which aims to reduce risk, reduce cost or generate additional capital or income with a level of risk consistent with the Fund's risk profile). Eligible derivatives may include (but are not limited to) futures, options, swaps and forward currency exchange contracts. These may be exchange traded or over the counter (OTC) transactions.

Income Details

Income paid: Quarterly
Type of payment: Dividend
Ex-dividend date: 31 March 2020 30 June 2020 30 September 2020 31 December 2020
Payment date: 31 May 20204 31 August 20204 30 November 20204 28 February 20214

This data is provided by Funds Library. HL accepts no responsibility for its accuracy and you should independently check data before making any investment decision. All yields are variable and not guaranteed. There is currently no yield information available for this fund.

Security Weight
CBOT US 5YR NOTE MAR20 (28/02/2020) 5.74%
MORGAN STANLEY FRN 10/06/2022 USD 2.51%
COMMONWEALTH BANK OF AUSTRALIA FRN 11/01/2024 AUD 2.33%
SYDNEY AIRPORT FINANCE CO PTY LTD 3.625% 28/04/2026 USD 144A 2.05%
WESTPAC BANKING CORP FRN 16/11/2023 AUD 1.85%
MACQUARIE BANK LTD FRN 12/06/2020 AUD REGS 1.83%
NATIONAL AUSTRALIA BANK LTD FRN 18/11/2031 AUD 1.63%
WELLS FARGO BANK NA 5.25% 01/08/2023 GBP REGS 1.56%
LLOYDS BANKING GROUP PLC 3.9% 12/03/2024 USD 1.55%
AUSTRALIA & NEW ZEALAND BANKING GROUP LTD FRN 06/12/2023 AUD REGS 1.51%
Sector Weight
Bonds 98.64%
Cash and Equiv. 1.52%
Alternative Trading Strategies -0.16%
Country Weight
Australia 36.88%
United States 35.08%
United Kingdom 5.10%
Japan 3.97%
South Korea 3.77%
Canada 3.52%
Netherlands 2.65%
China 2.38%
Non-Classified 2.02%
Cash and Equiv. 1.52%

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by Morningstar, correct as at 7 April 2020. Data provided by Funds Library, correct as at 31 January 2020.

FundsLibrary
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account

4 If you elect to receive the income from a Vantage ISA or Vantage Fund & Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.