Janus Henderson Global Equity Market Neutral

Investment Objective

The Fund aims to achieve a positive absolute return over rolling 12 month periods, regardless of market conditions, though an absolute return performance is not guaranteed over any time period. The Fund seeks to achieve its objective by adopting a market neutral strategy. The Fund will typically hold pairs of long and short positions (typically 200% long and 200% short of the Fund’s total net asset value) in equities or equity related instruments of companies throughout the world, with the aim to minimise the effects of market exposure and benefit from future price divergence between long/short pairs identified through fundamental analysis. The Fund expects to maintain a typical net exposure in the range of -10% to +10%.