Please ensure Javascript is enabled for purposes of website accessibility Emerging Markets Fund - Janus Henderson Investors - LatAm Mexico PA
{{banner.link_text}}
For professional investors in Mexico

Emerging Markets Fund

By investing in emerging market companies at the intersection of attractive country, governance and fundamental analysis, we seek to deliver strong risk-adjusted returns

ISIN
LU0330915165

NAV
USD 10.86
As of 06/03/2025

1-Day Change
USD 0.28 (2.63%)
 As of 06/03/2025

Overview

ABOUT THIS FUND

This style-agnostic fund seeks to identify the most compelling emerging market opportunities across countries and corporations in various stages of political and economic development.

WHY INVEST IN THIS FUND

All-Cap, Style-Agnostic Portfolio
We seek to uncover the most compelling opportunities across countries and regimes in various stages of economic and political development. We broaden the investable universe by looking outside of the index and diluting state-owned enterprises (SOEs) to create a pool of best ideas.

Robust Approach Focuses on the Intersection of Country, Governance and Fundamental Analysis
We identify investment ideas through an improving direction of travel in country, governance or fundamental analysis. Governance is a crucial factor in the investment process. Our belief is controlling shareholders often do not oversee the company in a manner that would benefit all shareholders and not all political regimes provide predictable rule of law.

Experienced Investment Manager Strives for Compelling Results
The Portfolio Manager has nearly a quarter-century of investment experience in this volatile asset class and has developed a unique perspective through his experience, background and culture. The Manager is supported by a sophisticated team of dedicated analysts that closely collaborates with the broader Firmā€™s complete roster of sector analysts.

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.

Past performance does not predict future returns. 
 

Portfolio Management

Daniel J. GraƱa, CFA

Portfolio Manager

Industry since 1995. Joined Firm in 2019.

Matthew Culley

Portfolio Manager | Research Analyst

Industry since 2008. Joined Firm in 2019.

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.
Cumulative & Annualised Performance (%)
As of 31/01/2025
I2 USD (Net) MSCI Emerging Markets NR Global Emerging Markets Equity - OE
  
  Cumulative Annualised
1MO YTD 1YR 3YR 5YR 10YR Since Inception
19/06/2017
I2 USD (Net) 1.08 1.08 12.03 -3.29 1.49 - 0.77
MSCI Emerging Markets NR 1.79 1.79 14.75 -0.71 3.04 - 3.50
Global Emerging Markets Equity - OE 1.52 1.52 11.76 -1.66 1.92 - 2.38
 
  Annualised
3YR 5YR 10YR Since Inception
19/06/2017
I2 USD (Gross) - 2.72 - 1.98
MSCI Emerging Markets NR + 2.00% - 5.10 - 5.57
Note that any differences among portfolio securities currencies, share class currencies and costs to be paid or represented in currencies other than your home currency will expose you to currency risk. ā€ÆCosts and returns may increase or decrease as a result of currency and exchange rate fluctuations.
Performance/performance target related data will display only when relevant to the fund/share class inception date and the annualised target time period.
© Morningstar 2025. All rights reserved. NAV-NAV, gross income reinvested where applicable.
Fund charges will impact the value of your investment. In particular, the ongoing charges applicable to each fund will dilute investment performance, particularly over time.
Calendar Year Returns (%)
As of 31/12/2024
I2 USD (Net) MSCI Emerging Markets NR Global Emerging Markets Equity - OE
YTD 2024 2023 2022 2021 2020 2019 2018 Performance Inception
19/06/2017
I2 USD (Net) 6.30 6.30 7.82 -26.02 -0.05 23.00 8.07 -16.90 12.06
MSCI Emerging Markets NR 7.50 7.50 9.83 -20.09 -2.54 18.31 18.44 -14.58 16.02
Global Emerging Markets Equity - OE 5.82 5.82 10.16 -21.87 -2.44 16.86 18.80 -16.49 14.40
Note that any differences among portfolio securities currencies, share class currencies and costs to be paid or represented in currencies other than your home currency will expose you to currency risk. ā€ÆCosts and returns may increase or decrease as a result of currency and exchange rate fluctuations.
Performance/performance target related data will display only when relevant to the fund/share class inception date and the annualised target time period.
© Morningstar 2025. All rights reserved. NAV-NAV, gross income reinvested where applicable.
Fund charges will impact the value of your investment. In particular, the ongoing charges applicable to each fund will dilute investment performance, particularly over time.
Please note the performance target is to be achieved over a specific annualised time period. Refer to the performance target wording within the objective.

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 costs3,190 USD2,890 USD
Average return each year-68.14%-21.98%
UnfavourableWhat you might get back after costs6,470 USD7,640 USD
Average return each year-35.33%-5.25%
ModerateWhat you might get back after costs10,340 USD10,460 USD
Average return each year3.42%0.91%
FavourableWhat you might get back after costs16,790 USD17,760 USD
Average return each year67.92%12.17%
This chart shows the fundā€™s performance as the percentage loss or gain per year over the last 8 years against its benchmark. It can help you to assess how the fund has been managed in the past and compare it to its benchmark.

As of 31/12/2024
I2 USD (Net) MSCI Emerging Markets NR Global Emerging Markets Equity - OE
Note that any differences among portfolio securities currencies, share class currencies and costs to be paid or represented in currencies other than your home currency will expose you to currency risk. ā€ÆCosts and returns may increase or decrease as a result of currency and exchange rate fluctuations.
Past performance does not predict future returns. The value of an investment may go down as well as up and you may lose the amount originally invested. Markets could develop very differently in the future. It can help you to assess how the fund has been managed in the past.
© Morningstar 2025. All rights reserved. NAV-NAV, gross income reinvested where applicable.
Fund charges will impact the value of your investment. In particular, the ongoing charges applicable to each fund will dilute investment performance, particularly over time.
Fee Information
Initial Charge 0.00%
Annual Charge 1.00%
Ongoing Charge
(As of 30/09/2022) 		1.18%
The ongoing charge is calculated using the 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.
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 31/01/2025)
% of Fund
Taiwan Semiconductor Manufacturing 9.89
Tencent 6.07
Samsung Electronics 3.83
Full Truck Alliance 3.37
HDFC Bank 3.26
Contemporary Amperex Technology 3.13
BYD 2.89
Bharti Airtel 2.73
NAVER 2.72
AIA Group 2.68
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"
Related Insights
Rising to the occasion: India in the twenty-first century
14 Feb 2025
Features & Outlooks

Rising to the occasion: India in the twenty-first century

How India is leveraging government reforms and innovation to position itself to deliver strong economic and earnings growth.

9 min read

EM Equities: How Chinese EVs herald a shift in global manufacturingā€™s balance of power
6 Jan 2025
Timely & Topical

EM Equities: How Chinese EVs herald a shift in global manufacturingā€™s balance of power

Research Analyst Douglas Turnbull outlines how Chinese electrical vehicle manufacturers promise to redefine global mobility, signalling China’s rising dominance in key technological and industrial sectors.

4 min read

The case for emerging market equities in an era of transitioning secular drivers
13 Sep 2024
Features & Outlooks

The case for emerging market equities in an era of transitioning secular drivers

The drivers of emerging market equity returns are evolving as innovation and economic decoupling join favorable demographics as future sources of excess returns.

6 min read

  • 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.
  • Emerging markets expose the Fund to higher volatility and greater risk of loss than developed markets; they are susceptible to adverse political and economic events, and may be less well regulated with less robust custody and settlement procedures.
  • The Fund may use derivatives to help achieve its investment objective. This can result in leverage (higher levels of debt), which can magnify an investment outcome. Gains or losses to the Fund may therefore be greater than the cost of the derivative. Derivatives also introduce 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 may incur a higher level of transaction costs as a result of investing in less actively traded or less developed markets compared to a fund that invests in more active/developed markets.
  • 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.
  • Summary of Investor rights
  • Janus Henderson Investors Europe S.A. may decide to terminate the marketing arrangements of this Collective Investment Scheme in accordance with the appropriate regulation.
  • Information on compliance with EU Sustainability related disclosures can be found here.
  • For detailed product information including the risks associated with investing please read the relevant Prospectus or Annual Report. Please refer to the prospectus of the UCITS and to the KID before making any final investment decisions.
  • The Legal Entity Identifier for this product is 2138007RJIUL5PCJMZ30.

Choose region

Country

Language

What type of investor are you?