Janus Henderson Multi-Manager Managed A

  • 284.60p
    Price (Inc)

    These are the shares in the fund that pay out an income to clients. The income is made up of the total dividends – the money a company can pay out to its investors – from the companies in the fund.

  • 292.70p
    Price (Acc)

    These are the shares in the fund that don’t pay out an income to clients. Any dividends – the money a company can pay out to its investors – are reinvested into companies in the fund. Despite no income, the shares should be worth more over time. Good incentive, eh?

  • 5.00% 0.00%

    Initial charge

    Some funds charge you when you first invest, which is aptly known as the initial charge. They’re usually between 3-5% but at Bestinvest, we usually don’t charge you a penny!

  • 1.50%
    Annual management charge

    This is how much the fund management company charges to run the fund. It’s like paying a babysitter, dog sitter or house sitter (that makes well-informed, heavily researched changes to improve your baby/dog/house when needed).

  • 2.38%
    Ongoing charges

    This stands for Ongoing Charges Figure. It’s the cost of running a fund and includes admin fees, manager fees, administration costs, etc.

  • 0.50%
    Yield

    How much the fund is currently paying out in income to investors. It’s NOT to be confused with the overall growth of a fund – a very different thing indeed. It’s also NOT a guarantee of future pay-outs, just a snapshot. This is more what it’s not than what it is…

Prices as at 13 December 2019, fund data last updated 01 August 2003

Fund summary

Sector Mixed Investment 40-85% Shares
Structure OEIC
Launched June, 1997
Size £358m
Yield 0.50%
Charging basis
Dividends paid 31 May, 30 Nov

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 2.38%

Allocation

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Investment process

The objective of the fund is is to achieve long term Capital growth by investing in a portfolio of investments in a regulated collective schemes.

Manager research

Average monthly relative returns

  • 14/15 0.14%
  • 15/16 -0.55%
  • 16/17 -0.19%
  • 17/18 -0.39%
  • 18/19 -0.11%

Bestinvest MRI

  • 3 years -0.23%
  • 5 years -0.22%
  • Career -0.23%
  • 3 years 27.40%
  • 5 years 24.50%
  • Career 18.40%

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

Henderson Multi-Asset Team

Track record

Henderson Multi-Asset Team has 6.6 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been -0.23%. During the worst period of relative performance (from March 2013 - July 2019) there was a decline of 17% relative to the index. The worst absolute loss has been 9%.

Periods of worst performance

Absolute -9.00% (May 2015 - September 2015)
Relative -17.00% (March 2013 - July 2019)

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

7.2605% Findlay Park American (F Acc Usd)
5.8719% Majedie Uk Equity X Acc Gbp
5.5444% Blackrock European Dynamic Fund Fa Acc Gbp
5.4074% Cf Lindsell Train Uk Equity
4.9105% Merian Uk Alpha Fund U1 Gbp Acc Gbp
4.858% Jhuk European Growth Fund I Acc
4.1095% Fidelity American Special Situations W Acc Gbp
3.7436% Etfs Physical Gold Gbp
3.6517% Invesco European Equity Income (Uk) Acc
3.6194% Legg Mason Clearbridge Us Aggressive Growth Fund Acc Usd
Source: Trustnet

Key Investor Information - Income

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Key Investor Information - Accumulation

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