Fact sheet: Henderson Institutional Global Care Managed

Rated Fund Information
Rated Funds Group
?Money Observer has arranged all its Rated Funds into easy to understand Rated Fund Groups, comprising funds and investment trusts.
MIXED ASSET - HIGHER RISK
Sector
UT Mixed Investment 40-85% Shares
Fund type
OEIC
Primary aim
GROWTH
Why Money Observer Rates Henderson Institutional Global Care Managed

Rated Fund 2015-2017. Investing for the good of the environment and society

This fund is managed by Nick Anderson and Hamish Chamberlayne. It invests in UK and overseas shares and fixed interest stocks. The companies in which it invests are chosen for their social and environmental leadership in the area within which they operate.

The fund's portfolio typically contains between 50-70 holdings across a variety of sectors. The managers adopt a thematic framework for generating investment ideas which they combine with disciplined stock analysis. They have 10 sustainability themes, of which five are environmental and five are social.

The sustainability themes are derived from the four mega-trends of climate change, resource constraints, ageing demographics and population growth. They include energy efficiency, sustainable transport, knowledge & technology and health. The managers take a long-term approach.

They aim to positively select companies that give proper consideration to material environmental, social, and governance (ESG) risks. They are looking for companies where the interests of management are aligned with those of key stakeholders, including shareholders.

Their research process means that when they see opportunities for holdings to improve their performance on material ESG concerns, they will engage with the company to bring about positive change. They argue that only a full examination of all stakeholder relationships alongside traditional fundamental analysis will reveal how well-managed a business is.

There are certain areas of the market where the fund will not invest, including companies with exposure to fossil fuels, tobacco and defence.

3 Year Performance
Fund Performance21.4%
Average of Rated Funds Group28.2%
Sector Performance20.6%
Fund information
Fund name
Janus Henderson Inst Global Responsible Managed I Acc
Fund manager company
Henderson Global Investors Ltd
Fund type
OEIC
Fund managers
  • Hamish Chamberlaynesince 31/12/2013
Accolades
Fund objective
To provide capital growth by investing in a mix of assets including UK and overseas equities and fixed income securities. The fund will seek to invest in companies that are responsibly run giving due consideration to environmental, social and governance issues. The fund will avoid investing in companies that the Investment Manager considers to potentially have a negative impact on the development of a sustainable global economy.
Benchmark
  • IA Mixed Investment 40-85% Shares
Investment style
Aggressive,Growth
Investment method
None
Quick stats
1 Year return
5.5%
1 Year rank in sector
80/282
Sector
UT Mixed Investment 40-85% Shares
Yield
1.2%
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.
0.84%
Fund size
£256m (£238m 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.
72
Mid price
209.1
Top in this sector
Fund name1 Year
MFM Hathaway14.8%
Aberdeen Divfd Cre Advntr12.8%
S&W Acacia12.5%
Rathbone Sussex Growth11.8%
Premier Diversified11.4%
...more in UT Mixed Investment 40-85% Shares

Performance snapshot

Holdings snapshot

  • UK40.3%
    USA35%
    Money Market6.7%
    Japan4.2%
    France3.1%
  • Fixed Interest20%
    Financials18.3%
    Industrials15.4%
    Technology11.9%
    Money Market6.7%
  • UK Equities73.3%
    Global Fixed Interest20%
    Money Market6.7%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-4.3%-2.2%-0.5%5.5%21.4%58%
Sector-4.3%-1.7%-0.2%4.4%20.6%39.3%
Rank within sector133 / 293213 / 292179 / 28780 / 282115 / 24214 / 223
Quartile2nd3rd3rd2nd2nd1st
Calendar performance
 YTD - 20182017201620152014
Fund-3.1%11.3%11.8%3.8%10.2%
Sector-3%10%13.3%2.2%5%
Rank within sector168 / 29495 / 279177 / 26567 / 2427 / 233
Quartile3rd2nd3rd2nd1st
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.
-0.2
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.
1.08
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.
0.58
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%.
7.65
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.
2.37
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.
0.14
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.
0.91
Price movement
52 week high219.3
52 week low197.8
Current bid price-
Current offer price-
Current mid price209.1
Region
1UK40.3%
2USA35%
3Money Market6.7%
4Japan4.2%
5France3.1%
6Others2.7%
7Germany2.1%
8Netherlands1.7%
9Canada1.6%
Industry sector
1Fixed Interest20%
2Financials18.3%
3Industrials15.4%
4Technology11.9%
5Money Market6.7%
6Consumer Goods6.4%
7Consumer Services6.1%
8Health Care5.8%
9Telecommunications2.9%
Asset type
1UK Equities73.3%
2Global Fixed Interest20%
3Money Market6.7%
Individual holdings
1MICROSOFT CORP1.9%
2ADOBE SYSTEMS INC1.5%
3VODAFONE GROUP1.4%
4VISA INC1.3%
5ASTRAZENECA PLC1.1%
6HSBC HLDGS1.1%
7HUMANA INC1.1%
8SAP SE1.1%
9TE CONNECTIVITY LTD1.1%
Management
Fund manager group
Janus Henderson Investors
Fund manager company
Henderson Global Investors Ltd
Fund type
OEIC
Fund objective
To provide capital growth by investing in a mix of assets including UK and overseas equities and fixed income securities. The fund will seek to invest in companies that are responsibly run giving due consideration to environmental, social and governance issues. The fund will avoid investing in companies that the Investment Manager considers to potentially have a negative impact on the development of a sustainable global economy.
Benchmark
  • IA Mixed Investment 40-85% Shares
Investment style
Aggressive,Growth
Investment method
None
Fund managers
NameSinceBiography
Hamish Chamberlayne31/12/2013Hamish Chamberlayne is a Portfolio Manager for the Global Equity SRI strategy at Janus Henderson Investors. Hamish joined Henderson in 2011 moving together with the global equity team from Gartmore. Prior to joining Gartmore in 2007, he worked as a senior auditor at PricewaterhouseCoopers from 2004 until 2007, where he covered a variety of sectors including energy, technology and communications. He began his career at Burlington Consultants in 2003 where he performed commercial due diligence on businesses identified as acquisition targets by private equity houses. Hamish graduated from New College, Oxford University with a master’s degree in chemistry. He holds the Chartered Financial Analyst designation. Hamish has 13 years of financial industry experience.
Compliance
IA Recognised, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Janus Henderson Inst Global Responsible Managed A Acc
Initial charge4.5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.7%
Total expense ratio (TER)1.6%
Bid price-
Offer price-
Mid price186.5
CurrencyGBX
Price updated15/02/2018
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNP03
Janus Henderson Inst Global Responsible Managed I Acc
Initial charge-
Annual charge0.75%
Min single investment£3,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.84%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price209.1
CurrencyGBX
Price updated15/02/2018
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKLW5
Janus Henderson Inst Global Responsible Managed Z Acc
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.06%
Total expense ratio (TER)0.07%
Bid price-
Offer price-
Mid price330.1
CurrencyGBX
Price updated15/02/2018
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeTU93
Data provided by

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