Mid-Year Market GPS 2019
Which themes are shaping the 2019 investment landscape? Read the thinking of our investment teams in the Janus Henderson Mid-Year Market GPS.
INVESTMENT STRATEGIES
Global Sustainable Equity
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Overview
We believe the best investment returns will be generated by companies which provide solutions to environmental and social challenges. These companies should have attractive financial attributes such as persistent revenue growth and durable cash flows. We aim to outperform the market over the long term through creating a differentiated global equity portfolio of the best sustainability ideas. Our investment approach is explicitly low carbon and by incorporating environmental, social and governance factors into our analysis we seek to construct a portfolio with a favorable risk profile.
Investment Approach
- Ten sustainability themes guide idea generation. These themes, derived from four megatrends, reflect a balance between environmental and social sustainability and ensure that sustainability is at the heart of the portfolio.
- Comprehensive stock analysis incorporates both financial modeling and environmental, social, and governance research (ESG).
- The strategy does not invest in companies that have a negative impact on the environment or society. It is a low-carbon portfolio.
- A highly differentiated portfolio versus the benchmark. Active share of approximately 92% (as of March 31, 2019) while seeking balanced overall risk characteristics.
Long-term thematic approach
Disciplined fundamental analysis
Strict avoidance criteria
Diversified, active portfolio
Essentials: Global Sustainable Equity Strategy
Learn how our team differentiates itself by leveraging 10 sustainability themes to guide idea generation.
Portfolio Management
Featured Insights
Low-Carbon Investing – Win/Win?
Hamish Chamberlayne, Head of SRI, discusses how the unstoppable transition to clean technology highlights the unsustainable risks of fossil fuels for the environment, companies and investors.
Performance
RETURNS
| Inception: Jan 01, 1995 | 3M | YTD | 1YR | 3YR | 5YR | 10YR | Since Inception |
|---|---|---|---|---|---|---|---|
| Composite Gross | 7.42% | 24.50% | 7.54% | 15.66% | 8.22% | 11.62% | 8.12% |
| Composite Net | 6.98% | 23.49% | 5.75% | 13.75% | 6.43% | 9.59% | 6.35% |
| MSCI World Index℠ (Gross) | 4.20% | 17.38% | 6.94% | 12.39% | 7.20% | 11.33% | 7.69% |
| Inception: Jan 01, 1995 | 3M | YTD | 1YR | 3YR | 5YR | 10YR | Since Inception |
|---|---|---|---|---|---|---|---|
| Composite Gross | 5.12% | 23.22% | 3.09% | 12.39% | 8.18% | 10.48% | 8.02% |
| Composite Net | 4.69% | 21.88% | 1.37% | 10.53% | 6.39% | 8.48% | 6.25% |
| MSCI World Index℠ (Gross) | 5.05% | 15.63% | 0.84% | 10.24% | 6.75% | 9.81% | 7.57% |
Past performance cannot guarantee future results. Investing involves risk, including the possible loss of principal and fluctuation of value. Returns greater than one year are annualized. Returns are expressed in U.S. dollars. Composite returns are net of transaction costs and gross of non-reclaimable withholding taxes, if any, and reflect the reinvestment of dividends and other earnings.
The gross performance results presented do not reflect the deduction of investment advisory fees and returns will be reduced by such advisory fees and other contractual expenses as described in the individual contract and Form ADV Part 2A.
Net performance results do not reflect the deduction of investment advisory fees actually charged to the accounts in the composite but they do reflect the deduction of model investment advisory fees based on the maximum fee rate in effect for the respective time period, adjusted for performance-based fees where applicable. Actual advisory fees may vary among clients invested in the strategy shown and may be higher or lower than model advisory fees. Returns for each client will be reduced by such fees and expenses as negotiated in any client contract as discussed in Form ADV Part 2A.
The gross performance results presented do not reflect the deduction of investment advisory fees and returns will be reduced by such advisory fees and other contractual expenses as described in the individual contract and Form ADV Part 2A.
Net performance results do not reflect the deduction of investment advisory fees actually charged to the accounts in the composite but they do reflect the deduction of model investment advisory fees based on the maximum fee rate in effect for the respective time period, adjusted for performance-based fees where applicable. Actual advisory fees may vary among clients invested in the strategy shown and may be higher or lower than model advisory fees. Returns for each client will be reduced by such fees and expenses as negotiated in any client contract as discussed in Form ADV Part 2A.