Janus Henderson European Smaller Companies A

Holds equities from the bottom 25% of European companies by market cap.

  • 2316.00p Price (Inc)
  • - Price (Acc)
  • 5.00% 0.00% Initial charge
  • 1.50% Annual management charge
  • 1.72% Ongoing charges
  • 0.50% Yield

Prices as at 06 December 2019, fund data last updated 05 September 2017

The fund's objective is to provide capital growth by investing primarily in European smaller companies, excluding the United Kingdom.

Fund summary

Sector European Smaller Companies
Structure OEIC
Launched January, 1985
Size £192m
Yield 0.50%
Charging basis Income
Dividends paid Acc units only

Charges

Standard initial charge 5.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 1.50%
Ongoing charges figure 1.72%

Allocation

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Allocation

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Allocation

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Investment process

Manager research

Average monthly relative returns

  • 14/15 0.00%
  • 15/16 0.34%
  • 16/17 1.48%
  • 17/18 0.05%
  • 18/19 0.04%

Bestinvest MRI

  • 3 years 0.52%
  • 5 years 0.00%
  • Career 0.19%
  • 3 years 98.80%
  • 5 years 0.00%
  • Career 89.80%

Performance figures are based on the average of monthly percentage returns relative to the benchmark index.

Ollie Beckett

Beckett is portfolio manager of European equities at Janus Henderson, responsible for the European Small Cap and International Small Cap Equity strategies. He first joined Henderson Global Investors (AMP Asset Management) in 1998 as an assistant portfolio manager for European Equities before becoming fund manager in 1999. In 2003, he took on the responsibility of managing Global Technology Equities before joining Anglo-Suisse Capital for one year. Beckett returned to Henderson Global Investors in 2005. He holds a BA in economics and government from the University of Manchester and is a member of the Institute of Investment Managers and Research.

Track record

Ollie Beckett has 8.8 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been +0.19%. During the worst period of relative performance (from July 2007 - November 2008) there was a decline of 33% relative to the index. The worst absolute loss has been 65%. Statistically, we estimate the probability that this fund manager is adding value, rather than being lucky, is 90%.

Periods of worst performance

Absolute -65.00% (July 2007 - November 2008)
Relative -33.00% (July 2007 - November 2008)

About the MRI

Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level.

Allocation

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Allocation

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Allocation

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Top 10 holdings

Data accurate as at 31 August 2019

2.8% Ahlstrom- Munksjo Oyj
2.1% Barco(New)
2.1% Intertrust Nv
2% Gtt
1.9% Dermapharm Hldg Se
1.9% Karnov Group Ab (Publ)
1.9% Laboratorios Farmaceutocos Rovi Sa
1.9% Vetoquinol
1.7% Agfa Gevaert Nv
1.7% Applus Services
Source: Trustnet

Sector breakdown

Industrials 22.00%
Financials 14.00%
Consumer Goods 14.00%
Consumer Services 13.00%
Health Care 13.00%
Technology 12.00%
Basic Materials 7.00%
Oil & Gas 4.00%
Money Market 1.00%

Key Investor Information

Download