Morningstar Fund Report  | 07/04/2025Print

Janus Henderson UK Alpha Fund A Acc

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Janus Henderson UK Alpha Fund A Acc
Fund18.4-24.69.27.8-1.1
+/-Cat2.0-12.91.20.0-0.6
+/-B’mrk--1.6-2.0-6.3
 
Category: UK Flex-Cap Equity
Category Benchmark: Morningstar UK All Cap TME ...
Key Stats
NAV
07/04/2025		 GBX 141.20
Day Change -4.01%
Morningstar Category™ UK Flex-Cap Equity
IA (formerly IMA) Sector UK All Companies
ISIN GB0030956949
Fund Size (Mil)
28/02/2025		 GBP 275.24
Share Class Size (Mil)
04/04/2025		 GBP 50.25
Max Initial Charge 5.25%
Ongoing Charge
11/02/2025		  1.73%
Investment Objective: Janus Henderson UK Alpha Fund A Acc
The Fund aims to provide capital growth over the long term (5 years or more). The Fund invests at least 80% of its assets in a concentrated portfolio of shares (also known as equities) of companies, of any size, in any industry, in the UK. Companies will be incorporated, headquartered, or deriving significant revenue from the UK. The portfolio may be concentrated in terms of its number of holdings and/or the size of its largest holdings.
Returns
Trailing Returns (GBP)07/04/2025
YTD-10.63
3 Years Annualised-2.53
5 Years Annualised4.58
10 Years Annualised2.05
12 Month Yield 1.69
Management
Manager Name
Start Date
Indriatti Hien
01/05/2017
Neil Hermon
01/02/2013
Inception Date
09/11/2001

Category Benchmark
Fund BenchmarkMorningstar Benchmark
FTSE AllSh TR GBPMorningstar UK All Cap TME NR GBP
Portfolio Profile for  Janus Henderson UK Alpha Fund A Acc28/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock96.800.0096.80
Bond0.000.000.00
Property0.000.000.00
Cash3.200.003.20
Other0.000.000.00
Top 5 Regions%
United Kingdom93.03
United States4.01
Europe - ex Euro2.96
Canada0.00
Latin America0.00
Top 5 Sectors%
Financial Services26.84
Industrials20.06
Basic Materials9.38
Consumer Cyclical9.02
Technology9.00
Top 5 HoldingsSector%
Shell PLCEnergyEnergy7.45
RELX PLCIndustrialsIndustrials5.34
AstraZeneca PLCHealthcareHealthcare3.92
HSBC Holdings PLCFinancial ServicesFinancial Services3.76
Barclays PLCFinancial ServicesFinancial Services3.48
Increase Decrease New since last portfolio
Janus Henderson UK Alpha Fund A Acc
Growth Of 1000 (GBP) 31/03/2025
Fund:  Janus Henderson UK Alpha Fund A Acc
Category:  UK Flex-Cap Equity
Category Index:  Morningstar UK All Cap TME NR GBP
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-15.3122.22-5.7718.36-24.629.257.85-1.14
+/- Category-3.13-1.53-0.752.03-12.941.25-0.01-0.56
+/- Category Index-----1.62-1.97-6.30
% Rank in Category7463564090374865
Trailing Returns (GBP)07/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-4.01   0.120.92
1 Week-9.60   -2.93-2.66
1 Month-11.14   -2.97-3.74
3 Months-10.63   -4.94-8.97
6 Months-12.02   -7.01-10.34
YTD-10.63   -5.25-9.46
1 Year-4.85   -4.53-9.53
3 Years Annualised-2.53   -4.29-7.66
5 Years Annualised4.58   -5.39-7.17
10 Years Annualised2.05   -2.22-3.26
 
Category: UK Flex-Cap Equity
Category Index: Morningstar UK All Cap TME NR GBP
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-1.14---
20241.915.961.77-1.86
20232.31-2.33-1.1910.65
2022-13.43-13.83-7.999.83
20214.995.963.952.36
2020-31.7214.33-2.2523.50
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearBelow AverageHigh2 star
5-YearBelow AverageAbove Average2 star
10-YearBelow AverageAbove Average2 star
OverallBelow AverageAbove Average2 star
 
Category :  UK Flex-Cap EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev16.69 %
3-Yr Mean Return1.85 %
 
3-Yr Sharpe Ratio-0.13
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar UK All Cap TME NR GBP  Morningstar UK Small Cap TME NR GBP
3-Yr Beta1.310.94
3-Yr Alpha-7.321.78
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 8707-
Market Capitalisation% of Equity
Giant27.90
Large10.15
Medium22.34
Small37.15
Micro2.46
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings11.460.95
Price/Book1.650.99
Price/Sales1.211.26
Price/Cash Flow8.481.04
Dividend-Yield Factor3.340.95
 
Long-Term Projected Earnings Growth10.101.08
Historical Earnings Growth3.43-14.68
Sales Growth3.090.69
Cash-Flow Growth1.070.77
Book-Value Growth4.881.64
 
Category: UK Flex-Cap Equity
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock96.800.0096.80
Bond0.000.000.00
Property0.000.000.00
Cash3.200.003.20
Other0.000.000.00
World Regions28/02/2025
 % of EquityRelative to Category
United States4.012.10
Canada0.000.00
Latin America0.000.00
United Kingdom93.031.00
Eurozone0.000.00
Europe - ex Euro2.962.53
Europe - Emerging0.000.00
Africa0.000.00
Middle East0.000.00
Japan0.000.00
Australasia0.000.00
Asia - Developed0.000.00
Asia - Emerging0.000.00
 
Category: UK Flex-Cap Equity
Sector Weightings28/02/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials9.381.91
Consumer CyclicalConsumer Cyclical9.020.69
Financial ServicesFinancial Services26.841.15
Real EstateReal Estate1.970.82
Consumer DefensiveConsumer Defensive5.850.52
HealthcareHealthcare4.050.50
UtilitiesUtilities1.150.37
Communication ServicesCommunication Services4.170.83
EnergyEnergy8.521.27
IndustrialsIndustrials20.061.15
TechnologyTechnology9.001.93
 
Category: UK Flex-Cap Equity
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings63
Total Number of Bond Holdings0
Assets in Top 10 Holdings39.63
NameSectorCountry% of Assets
Shell PLC309United Kingdom7.45
RELX PLC310United Kingdom5.34
AstraZeneca PLC206United Kingdom3.92
HSBC Holdings PLC103United Kingdom3.76
Barclays PLC103United Kingdom3.48
Rio Tinto PLC Registered Shares101United Kingdom3.44
Intermediate Capital Group PLC103United Kingdom3.20
Paragon Banking Group PLC103United Kingdom3.16
CRH PLC101United States2.99
Balfour Beatty PLC310United Kingdom2.90
 
Increase Decrease New since last portfolio
Category: UK Flex-Cap Equity
 
Management
Name of CompanyJanus Henderson Investors
Phone8002270486
Websitewww.janushenderson.com
Address201 Bishopsgate
 London   EC2M 3AE
 United Kingdom
DomicileUnited Kingdom
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date09/11/2001
Fund Advisor(s)
Janus Henderson Investors UK Limited
Fund ManagerIndriatti Hien
Manager Start Date01/05/2017
Career Start Year2007
Education
University of Oxford, B.A.
 
Biography
Indriatti van Hien is a Portfolio Manager on the UK Equities Team at Janus Henderson Investors, a position she has held since 2016. Indriatti joined Henderson in 2011 as a UK equity analyst. Prior to Henderson, she was with PricewaterhouseCoopers, where she qualified as a chartered accountant. Indriatti graduated with a BA degree (Hons) in modern history and economics from Oxford University. She is a member of the Institute of Chartered Accountants in England and Wales and the Investment Management Certificate (IMC). She has 17 years of financial industry experience.
Fund ManagerNeil Hermon
Manager Start Date01/02/2013
Career Start Year1989
Education
University of Cambridge, M.A.
 
Biography
Neil Hermon is a Portfolio Manager on the UK Equities Team at Janus Henderson Investors, a position he has held since 2013. He joined Henderson in 2002 as head of UK smaller companies. Prior to this, he served as head of UK smaller companies for General Accident Investment Management (later to become CGU plc). He began his career at Ernst & Young as a chartered accountant. Neil received an MA (Hons) in mathematics from Cambridge University. He is an associate member of the Society of Investment Professionals (ASIP) and has 35 years of financial industry experience.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Charge5.25%
Max Exit Charge*3.00%
Annual Charges
Max Annual Management Charge1.50%
Ongoing Charge1.73%
Purchase Details
Minimum Investments
Initial1000  GBP
Additional100  GBP
Savings100  GBP
Tax Free Savings Schemes
ISAsYes