Fact sheet: Janus Unctrnd Bd

Fund information
Fund name
Janus Unconstrained Bond A Acc USD
Fund manager company
Janus Capital Funds
Fund type
No data available.
Fund manager
  • William H Grosssince 05/10/2014
Fund objective
This Fund’s investment objective is to seek to maximise total return consistent with the preservation of capital. The Fund seeks to provide long-term positive returns through various market environments. The Fund is ‘unconstrained’ in that it is not tied to a specific benchmark, and therefore has significant latitude to pursue opportunities across the fixed income spectrum, including moving between sectors, across credit risk and may have long, short or negative duration. Under normal circumstances, the Fund seeks to achieve its objective by investing principally in Debt Securities located anywhere in the world with a range of maturities from short- to long-term.
Benchmark
  • 3M USD Libor
Investment style
Absolute Return
Investment method
Fixed Interest
Quick stats
1 Year return
3.9%
1 Year rank in sector
15/132
Sector
FO Absolute Return
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
2.01%
Fund size
£97m (£163m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
79
Top in this sector
Fund name1 Year
Pioneer SICV-AbsRetBd17.9%
Polar Capital UK Abs Eq10.3%
SW Mitchell Emerging European9.6%
Orbis Optimal SA9.4%
Orbis Optimal USD9.4%
...more in FO Absolute Return

Performance snapshot

Holdings snapshot

  • USA71.6%
    Money Market10.6%
    UK10%
    Argentina3.2%
    Mexico2.3%
  • Mortgage & Secured Bonds32.6%
    Equities19.9%
    Investment Grade Bonds17.1%
    Cash & Cash Equivalents10.6%
    High Yield Bond10.5%
  • No data available.

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.3%1.5%0.7%3.9%--
Sector-0.5%-0.4%0.4%-0.4%2.2%9.7%
Rank within sector35 / 14118 / 14161 / 13815 / 132--
Quartile1st1st2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund4%-2.5%---
Sector0.1%0.7%1.2%3.6%3.9%
Rank within sector23 / 13293 / 115---
Quartile1st4th
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
-
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
-
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
-
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
-
Price movement
52 week high10.15
52 week low9.67
Current bid price-
Current offer price-
Current mid price10.15
Region
1USA71.64%
2Money Market10.56%
3UK9.96%
4Argentina3.15%
5Mexico2.34%
6Germany0.64%
7Japan0.46%
8China0.37%
9Canada0.35%
Industry sector
1Mortgage & Secured Bonds32.57%
2Equities19.91%
3Investment Grade Bonds17.13%
4Cash & Cash Equivalents10.56%
5High Yield Bond10.51%
6Government Guaranteed3.55%
7Fixed Interest2.88%
8Index Linked2.2%
9Government Bonds0.3%
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
Janus Capital
Fund manager company
Janus Capital Funds
Fund type
No data available.
Fund objective
This Fund’s investment objective is to seek to maximise total return consistent with the preservation of capital. The Fund seeks to provide long-term positive returns through various market environments. The Fund is ‘unconstrained’ in that it is not tied to a specific benchmark, and therefore has significant latitude to pursue opportunities across the fixed income spectrum, including moving between sectors, across credit risk and may have long, short or negative duration. Under normal circumstances, the Fund seeks to achieve its objective by investing principally in Debt Securities located anywhere in the world with a range of maturities from short- to long-term.
Benchmark
  • 3M USD Libor
Investment style
Absolute Return
Investment method
Fixed Interest
Fund manager
NameSinceBiography
William H Gross05/10/2014William H. Grossis a founder, managing director and co-CIO of PIMCO based in the Newport Beach office. He has been with PIMCO since he co-founded the firm in 1971 and oversees the management of more than $1.9 trillion of securities. He is the author of numerous articles on the bond market, as well as the book, "Everything You’ve Heard About Investing is Wrong," published in 1997. Among the awards he has received, Morningstar named Mr. Gross and his investment team Fixed Income Manager of the Decade for 2000-2009 and Fixed Income Manager of the Year for 1998, 2000, and 2007 (the first three-time recipient). He received the Bond Market Association’s Distinguished Service Award in 2000 and became the first portfolio manager inducted into the Fixed Income Analysts Society's hall of fame in 1996. Mr. Gross is a seven-time Barron's Roundtable panelist (2005-2011), appearing in the annual issue featuring the industry's top investment experts, and he received the Money Management Lifetime Achievement Award from Institutional Investor magazine in 2011. In a survey conducted by Pensions and Investments magazine in 1993, he was recognized by his peers as the most influential authority on the bond market in the U.S. He has 43 years of investment experience and holds an MBA from the Anderson School of Management at the University of California, Los Angeles. He received his undergraduate degree from Duke University.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Spain, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Offshore, Singapore, Sweden
Janus Unconstrained Bond A Acc USD
Initial charge5%
Annual charge1%
Min single investment£2,500
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)2.01%
Total expense ratio (TER)2.02%
Bid price-
Offer price-
Mid price10.15
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKUUM
Janus Unconstrained Bond A Hedged Acc CHF
Initial charge5%
Annual charge1%
Min single investment£2,500
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)1.92%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.83
CurrencyCHF
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKVOY
Janus Unconstrained Bond A Hedged Acc EUR
Initial charge5%
Annual charge1%
Min single investment£2,500
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)1.98%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.93
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKVOW
Janus Unconstrained Bond A Hedged Inc CHF
Initial charge5%
Annual charge1%
Min single investment£2,500
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)2.01%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.29
CurrencyCHF
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKVOZ
Janus Unconstrained Bond A Hedged Inc EUR
Initial charge5%
Annual charge1%
Min single investment£2,500
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)1.97%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.42
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKVOX
Janus Unconstrained Bond A Hedged Inc SGD
Initial charge5%
Annual charge1%
Min single investment£2,500
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)2.01%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.71
CurrencySGD
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKVPA
Janus Unconstrained Bond A Inc USD
Initial charge5%
Annual charge1%
Min single investment£2,500
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)1.99%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.56
CurrencyUSD
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKVOV
Janus Unconstrained Bond E Hedged Acc EUR
Initial charge3%
Annual charge1%
Min single investment£2,500
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)2.22%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.01
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKVPB
Janus Unconstrained Bond E Hedged Inc EUR
Initial charge3%
Annual charge1%
Min single investment£2,500
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)2.21%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.4
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKVPC
Janus Unconstrained Bond I Acc USD
Initial charge2%
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.93%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.38
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKUUN
Janus Unconstrained Bond I Hedged Acc EUR
Initial charge2%
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.92%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.15
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKVPJ
Janus Unconstrained Bond U Acc USD
Initial charge-
Annual charge0.6%
Min single investment£2,500
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)0.79%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.37
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKVPD
Janus Unconstrained Bond U Hedged Acc EUR
Initial charge-
Annual charge0.6%
Min single investment£2,500
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)0.77%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.22
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKVPG
Janus Unconstrained Bond U Hedged Acc GBP
Initial charge-
Annual charge0.6%
Min single investment£2,500
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)0.77%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.31
CurrencyGBP
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKVPH
Janus Unconstrained Bond U Hedged Inc GBP
Initial charge-
Annual charge0.6%
Min single investment£2,500
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)0.79%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.83
CurrencyGBP
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKVPI
Janus Unconstrained Bond U Inc GBP
Initial charge-
Annual charge0.6%
Min single investment£2,500
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)0.79%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price12.66
CurrencyGBP
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKVPF
Janus Unconstrained Bond U Inc USD
Initial charge-
Annual charge0.6%
Min single investment£2,500
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)0.79%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.86
CurrencyUSD
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKVPE
Data provided by

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