Janus Henderson Horizon US Mortgage Backed Securities Fund
| Issuer: Janus Henderson |
| Asset Class: Fixed Income |
| TER: 85bps |
| Trading Currency: GBP |
| Pays Income: False |
| Listing Date: 08 May 2026 |
| Ticker: JMBG |
| ISIN: IE0008B0OAD5 |
This actively managed fund offers focused exposure to the U.S. mortgage-backed securities (MBS) market, aiming to deliver a total return through both income and capital growth. The strategy is built on a deep, research-driven process that seeks to identify mispriced securities and capitalize on opportunities across the entire MBS landscape. The portfolio is diversified across various types of mortgage securities, including those issued by government-sponsored agencies (like Ginnie Mae, Fannie Mae, and Freddie Mac) as well as non-agency and commercial MBS. This breadth allows the managers to navigate different market conditions and adjust the portfolio's risk profile, focusing on areas they believe offer the most attractive risk-adjusted returns.
The investment team employs a disciplined approach to security selection, analyzing factors such as loan characteristics, borrower credit quality, and prepayment risk. This bottom-up analysis is combined with a top-down macroeconomic view to position the portfolio effectively against interest rate fluctuations and broader economic trends. The fund's objective is to outperform its benchmark, making it suitable for investors seeking alpha generation within the fixed income space. This particular share class is hedged, designed to minimize the impact of currency movements between the U.S. dollar and the British pound, providing a more direct exposure to the underlying asset class for sterling-based investors.
By investing in this product, individuals gain access to a specialized segment of the U.S. bond market that can offer diversification benefits, potentially higher yields compared to government bonds, and a return stream driven by the American housing market. The active management component is key, as the complexity of the MBS market presents opportunities for skilled managers to add significant value through careful analysis and portfolio construction. It represents a core holding for those looking to add a dedicated MBS allocation to their fixed-income portfolio.
The investment team employs a disciplined approach to security selection, analyzing factors such as loan characteristics, borrower credit quality, and prepayment risk. This bottom-up analysis is combined with a top-down macroeconomic view to position the portfolio effectively against interest rate fluctuations and broader economic trends. The fund's objective is to outperform its benchmark, making it suitable for investors seeking alpha generation within the fixed income space. This particular share class is hedged, designed to minimize the impact of currency movements between the U.S. dollar and the British pound, providing a more direct exposure to the underlying asset class for sterling-based investors.
By investing in this product, individuals gain access to a specialized segment of the U.S. bond market that can offer diversification benefits, potentially higher yields compared to government bonds, and a return stream driven by the American housing market. The active management component is key, as the complexity of the MBS market presents opportunities for skilled managers to add significant value through careful analysis and portfolio construction. It represents a core holding for those looking to add a dedicated MBS allocation to their fixed-income portfolio.
Other Exchange Listings
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