Please ensure Javascript is enabled for purposes of website accessibility Global Property Equities Fund - Janus Henderson Investors - UK private investors
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For individual investors in the UK

Global Property Equities Fund

Actively managed, high-conviction fund focused on the managers’ best ideas in listed property stocks and REITs, and aiming to deliver long-term capital appreciation

ISIN
GB00BMDZR592

NAV
GBP 99.29p
As of 20/12/2024

1-Day Change
GBP -0.20p (-0.20%)
 As of 20/12/2024

Overview

INVESTMENT OBJECTIVE

The Fund aims to provide capital growth over the long term (5 years or more). Performance target: To outperform the FTSE EPRA Nareit Developed Index by at least 2% per annum, before the deduction of charges, over any 5 year period.

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The Fund invests at least 80% of its net assets in shares (also known as equities) or Equity-Related Instruments of real estate companies or real estate investment trusts (or their equivalents) listed or traded on a Regulated Market, that derive the main part of their revenue from owning, developing and managing real estate. The Fund may invest in companies of any size, including smaller capitalisation companies, in any country. The Fund may also invest in other assets including Collective Investment Schemes (including those managed by Janus Henderson) and cash. The Investment Manager may use derivatives (complex financial instruments) to reduce risk or to manage the Fund more efficiently. The Fund is actively managed with reference to the FTSE EPRA Nareit Developed Index, which is broadly representative of the securities in which it may invest, as this forms the basis of the Fund's performance target. The Investment Manager has discretion to choose investments for the Fund with weightings different to the index or not in the index, but at times the Fund may hold investments similar to the index.

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The value of an investment and the income from it can fall as well as rise as a result of market and currency fluctuations and you may not get back the amount originally invested.
Potential investors must read the prospectus, and where relevant, the key investor information document before investing.
This website is a Marketing Communication and does not qualify as an investment recommendation.

Investment into the fund will acquire units / shares of the fund itself and not the underlying assets owned by the fund.

ABOUT THIS FUND

  • A broad investable universe and selective approach enables the team to identify stocks with attractive dividend yield and growth characteristics
  • Managed by a global team of experts based in Singapore, the UK, and the US with more than 100 years’ collective investment experience
  • Offers a liquid means of diversifying into global real estate and benefitting from powerful secular themes influencing the asset class
Past performance does not predict future returns. 
 

Portfolio Management

Guy Barnard, CFA
Guy Barnard, CFA

Co-Head of Global Property Equities | Portfolio Manager

Industry since 2003. Joined Firm in 2006.

Tim Gibson
Tim Gibson

Co-Head of Global Property Equities | Portfolio Manager

Industry since 2001. Joined Firm in 2011.

Greg Kuhl, CFA
Greg Kuhl, CFA

Portfolio Manager

Industry since 2005. Joined Firm in 2015.

Performance

Past performance does not predict future returns. All performance data includes both income and capital gains or losses and reflects the deduction of any ongoing charges or other fund expenses.
Discrete Performance (%)
As of 30/09/2024
I Acc (Net) FTSE EPRA Nareit Developed TR
 
As of 30/09/2024 2023/2024 2022/2023 2021/2022 2020/2021 2019/2020
I Acc (Net) 15.59 - - - -
FTSE EPRA Nareit Developed TR 18.47 - - - -

Index Description

The Fund is actively managed with reference to the FTSE EPRA Nareit Developed Index, which is broadly representative of the securities in which it may invest.

© Morningstar 2024. All rights reserved. NAV-NAV, net income reinvested where applicable.
Cumulative & Annualised Performance (%)
As of 30/11/2024
I Acc (Net) FTSE EPRA Nareit Developed TR
 
  Cumulative Annualised
1MO YTD 1YR 3YR 5YR 10YR Since Inception
11/01/2023
I Acc (Net) 3.17 8.39 17.23 - - - 3.91
FTSE EPRA Nareit Developed TR 3.61 9.91 19.68 - - - 5.55

Index Description

The Fund is actively managed with reference to the FTSE EPRA Nareit Developed Index, which is broadly representative of the securities in which it may invest.

© Morningstar 2024. All rights reserved. NAV-NAV, net income reinvested where applicable.

Recommended holding period 5 Years

Example Investment: GBP 10,000

Scenarios If you exit after 1 year If you exit after 5 years
MinimumThere is no minimum guaranteed return. You could lose some or all of your investment
StressWhat you might get back after costs1,250 GBP1,260 GBP
Average return each year-87.47%-33.90%
UnfavourableWhat you might get back after costs7,790 GBP8,000 GBP
Average return each year-22.12%-4.37%
ModerateWhat you might get back after costs10,760 GBP13,440 GBP
Average return each year7.63%6.09%
FavourableWhat you might get back after costs13,670 GBP19,130 GBP
Average return each year36.69%13.85%
There is currently insufficient data to provide a useful indication of past performance to investors.
Fee Information
Initial Charge 0.00%
Annual Charge 0.75%
Ongoing Charge
(As of 30/04/2024) 		0.87%
For more information about charges, please see our fund charges page or the “charges” section of the fund’s prospectus.

Portfolio

Top Holdings (As of 30/11/2024)
% of Fund
Equinix 7.22
Welltower 5.55
Public Storage 5.45
Realty Income 5.25
Prologis 3.52
AvalonBay Communities 3.42
Goodman Group 3.24
American Homes 4 Rent 2.89
UDR 2.75
EastGroup Properties 2.71
References made to individual securities do not constitute a recommendation to buy, sell or hold any security, investment strategy or market sector, and should not be assumed to be profitable. Janus Henderson Investors, its affiliated advisor, or its employees, may have a position in the securities mentioned.

Documents

Related Insights

Our intellectual capital is readily available and central to our Knowledge Shared approach"
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  • ​The value of the Funds and the income from them is not guaranteed and may fall as well as rise. You may get back less than you originally invested.
  • ​Past performance does not predict future returns
  • Third party data is believed to be reliable, but its completeness and accuracy is not guaranteed.
  • Shares/Units can lose value rapidly, and typically involve higher risks than bonds or money market instruments. The value of your investment may fall as a result.
  • Shares of small and mid-size companies can be more volatile than shares of larger companies, and at times it may be difficult to value or to sell shares at desired times and prices, increasing the risk of losses.
  • The Fund is focused towards particular industries or investment themes and may be heavily impacted by factors such as changes in government regulation, increased price competition, technological advancements and other adverse events.
  • This Fund may have a particularly concentrated portfolio relative to its investment universe or other funds in its sector. An adverse event impacting even a small number of holdings could create significant volatility or losses for the Fund.
  • The Fund invests in real estate investment trusts (REITs) and other companies or funds engaged in property investment, which involve risks above those associated with investing directly in property. In particular, REITs may be subject to less strict regulation than the Fund itself and may experience greater volatility than their underlying assets.
  • The Fund may use derivatives with the aim of reducing risk or managing the portfolio more efficiently. However this introduces other risks, in particular, that a derivative counterparty may not meet its contractual obligations.
  • If the Fund holds assets in currencies other than the base currency of the Fund, or you invest in a share/unit class of a different currency to the Fund (unless hedged, i.e. mitigated by taking an offsetting position in a related security), the value of your investment may be impacted by changes in exchange rates.
  • Securities within the Fund could become hard to value or to sell at a desired time and price, especially in extreme market conditions when asset prices may be falling, increasing the risk of investment losses.
  • The Fund could lose money if a counterparty with which the Fund trades becomes unwilling or unable to meet its obligations, or as a result of failure or delay in operational processes or the failure of a third party provider.
  • Funds incur costs as a necessary part of buying and selling the underlying investments, these are otherwise known as portfolio transaction costs, and include charges such as broker commission and Stamp Duty.
  • Before investing in any of our funds you should satisfy yourself as to the suitability and the risks involved, you may wish to consult a financial adviser.
  • If you invest through a third party provider you are advised to consult them directly as charges, performance and terms and conditions may differ materially.
  • Some documents are available in alternative formats. Click here for information on how to request them.
  • The Legal Entity Identifier for this product is 213800491YT2EZ1UON19.

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