Please ensure Javascript is enabled for purposes of website accessibility US Venture Fund - Janus Henderson Investors - Hong Kong Investor (EN)
{{banner.link_text}}
For investors in Hong Kong

US Venture Fund

Seeks resilient companies positioned to weather a variety of market environments

ISIN
IE0009354923

NAV
USD 41.57
As of 2025/01/30

1-Day Change
USD 0.44 (1.07%)
 As of 2025/01/30

Key investment risks:

  • The Fund's investments in equities are subject to equity market risk due to fluctuation of securities values.
  • Investments in the Fund involve general investment, currency, hedging, economic, political, policy, foreign exchange, liquidity, tax, legal, regulatory, securities financing transactions related and small/ mid-capitalisation companies related

More

  • risks. In extreme market conditions, you may lose your entire investment.
  • The Fund may invest in financial derivatives instruments for investment and efficient portfolio management purposes. This may involve counterparty, liquidity, leverage, volatility, valuation, over-the-counter transaction, credit, currency, index, settlement default and interest risks; and the Fund may suffer total or substantial losses.
  • The Fund's investments are concentrated in small sized US companies and may be more volatile.
  • Investors should not only base on this document alone to make investment decisions and should read the offering documents including the risk factors for further details.

Less

Overview

INVESTMENT OBJECTIVE

The Fund aims to provide capital growth over the long term.

More

The Fund invests at least 80% of its assets in a concentrated portfolio of shares (also known as equities) of companies, in any industry, in the United States. The Fund will invest at least 50% in small US companies whose market capitalisations, at the time of initial purchase, falls within the range of companies in the Russell 2000 Growth Index.

Less

ABOUT THIS FUND

  • Seeks small-cap companies that stand out from competitors, using their advantages to grow over a multi-year time frame
  • In-depth fundamental research supported by a dedicated team of experienced analysts
  • Focus on resilient business models positioned to weather a variety of market environments

Portfolio Management

Jonathan Coleman, CFA

Portfolio Manager

Industry since 1994. Joined Firm in 1994.

Scott Stutzman, CFA

Portfolio Manager | Research Analyst

Industry since 2001. Joined Firm in 2007.

Aaron Schaechterle

Portfolio Manager | Research Analyst

Industry since 2006. Joined Firm in 2022.

Performance

Cumulative Performance (%)
As of 2024/12/31
A2 USD (Net) Russell 2000® Growth Index US Small-Cap Equity - OE
 
  Cumulative
  1MO 3MO 6MO YTD 1YR 3YR 5YR Since Inception
1999/12/31
A2 USD (Net) -6.68 -0.25 5.81 12.09 12.09 -5.61 28.70 296.90
Russell 2000® Growth Index -8.19 1.70 10.26 15.15 15.15 0.63 39.31 312.03
US Small-Cap Equity - OE -7.41 0.88 8.74 11.68 11.68 0.66 47.91 468.35
Source: Morningstar, Inc., NAV-NAV, gross income reinvested where applicable. Past performance cannot guarantee future results.
Calendar Year Returns (%)
As of 2024/12/31
A2 USD (Net) Russell 2000® Growth Index US Small-Cap Equity - OE
2024 2023 2022 2021 2020
A2 USD (Net) 12.09 13.68 -25.92 4.21 30.84
Russell 2000® Growth Index 15.15 18.66 -26.36 2.83 34.63
US Small-Cap Equity - OE 11.68 17.09 -23.03 16.72 25.89
Source: Morningstar, Inc., NAV-NAV, gross income reinvested where applicable. Past performance cannot guarantee future results.

Recommended holding period 5 Years

Example Investment: USD 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 costs1,070 USD1,140 USD
Average return each year-89.29%-35.26%
UnfavourableWhat you might get back after costs6,620 USD9,190 USD
Average return each year-33.84%-1.68%
ModerateWhat you might get back after costs10,330 USD13,040 USD
Average return each year3.29%5.45%
FavourableWhat you might get back after costs16,860 USD21,780 USD
Average return each year68.62%16.85%
There is currently insufficient data to provide a useful indication of past performance to investors.
Fee Information
Initial Charge 5.00%
Annual Charge 1.50%
Ongoing Charge
(As of 2023/12/31) 		2.47%
The ongoing charge is calculated using the Packaged Retail Investment Product (PRIIPs) methodology. The PRIIPs methodology differs to the UCITS ongoing charge methodology, as the PRIIPS methodology captures additional recurring charges, including but not limited to: a. Interest paid on borrowing (e.g. bank interest) b. Any fees incurred in relation to stock-lending activity (i.e. the fee paid to the lending agent) c. Any costs associated with holding closed-ended vehicles.
Please refer to the offering documents for more details on the fees and expenses.

Portfolio

Top Holdings (As of 2024/12/31)
% of Fund
Stride Inc 2.53
SS&C Technologies Holdings Inc 2.23
Descartes Systems Group Inc 1.99
Globus Medical Inc 1.87
Shift4 Payments Inc 1.78
LPL Financial Holdings Inc 1.56
SPX Technologies Inc 1.54
Blackbaud Inc 1.51
OSI Systems Inc 1.48
Glaukos Corp 1.44
TOTAL 17.93
Portfolio holdings are subject to change without notice. 
Sector Allocation % of Fund % of Index % of Fund % of Index As of 2024/12/31
Regional Allocation % of Fund % of Index % of Fund % of Index As of December 31, 2024

Documents

Related Insights

Our intellectual capital is readily available and central to our Knowledge Shared approach"
Related Insights
Top-of-mind market risks for U.S. equities
2 Oct 2024
Timely & Topical

Top-of-mind market risks for U.S. equities

How top-of-mind risks for our portfolio managers differ from the concerns investors worry will impact their finances in the months ahead.

5 min read

Global Perspectives: Can momentum in small caps continue?
26 Sep 2024
Features & Outlooks

Global Perspectives: Can momentum in small caps continue?

The factors driving momentum in small-cap equities and our view on what’s ahead.

23 min read

U.S. small caps: Is the tide turning?
28 Aug 2024
Timely & Topical

U.S. small caps: Is the tide turning?

Why we could be witnessing the early stages of a change in market leadership between U.S. small cap and large cap stocks.

6 min read

Choose region

Country

Language

What type of investor are you?