Janus Henderson Multi-Manager Global Select

A managed portfolio of investment trusts and other closed end vehicles.

  • 255.10p Price (Inc)
  • - Price (Acc)
  • 5.00% 0.00% Initial charge
  • 1.25% Annual management charge
  • 1.80% Ongoing charges
  • 0.30% Yield

Prices as at 06 December 2019, fund data last updated 01 January 2002

Fund summary

Sector Global
Structure UNIT TRUST
Launched July, 1987
Size £60m
Yield 0.30%
Charging basis Capital
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 1.25%
Ongoing charges figure 1.80%

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Investment process

The fund investment objective is capital growth by investing principally in a managed portfolio of investment trust shares and other closed-end vehicles. The approach is aggressive seeking valuation anomalies between sectors and investing in those areas of the market where discounts are likely to narrow significantly.

Manager research

Average monthly relative returns

  • 14/15 0.00%
  • 15/16 0.00%
  • 16/17 0.00%
  • 17/18 0.00%
  • 18/19 0.00%

Bestinvest MRI

  • 3 years 0.00%
  • 5 years 0.00%
  • Career -0.25%
  • 3 years 0.00%
  • 5 years 0.00%
  • Career 35.20%

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

Paul Craig

Craig joined New Star in 2003 following their purchase of Exeter Investment Group. He started at Exeter in 1992, was promoted to manage the Exeter Zero Preference Fund in March 2000, then was appointed manager of the Exeter Zero Portfolio OEIC in June 2000 and the Exeter Fixed Interest Fund in December 2002. He previously worked at LTCB, as a derivatives trader and also held the same position at HSBC and Chase Manhattan. He is an Associate of the Society of Investment Professionals (ASIP). He enjoys SCUBA diving in his spare time.

Track record

Paul Craig has 12.4 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been -0.25%. During the worst period of relative performance (from June 2001 - March 2009) there was a decline of 64% relative to the index. The worst absolute loss has been 60%.

Periods of worst performance

Absolute -60.00% (June 2001 - October 2002)
Relative -64.00% (June 2001 - March 2009)

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.

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Top 10 holdings

Data accurate as at 31 July 2019

11.0235% Findlay Park American Sterling Hedged Gbp
10.2292% Vanguard Funds Plc S&P 500 Ucits Etf Gbp
7.0325% Fidelity American Special Situations Acc
5.5998% Blackrock European Dynamic Fund.
5.3254% Montanaro European Smaller Companies Trust Plc Ord 50p
4.7374% Legg Mason Clearbridge Us Aggressive Growth Fund
4.5784% S&P 500 Index
4.2277% Baillie Gifford Baillie Gifford Japan Trust Plc
4.0478% Polar Capital Hldgs Plc
3.9066% Janus Henderson European Growth I Acc
Source: Trustnet

Portfolio

The fund holds aprox. 50 investment trusts.

Key Investor Information

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