| Change Details | |
|---|---|
| Title | Janus Henderson Absolute Return Fixed Income |
| Type | Name Changes |
| Companies Impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Effective Date | 02 December 2024 |
| 1. Fund details | |
| Companies impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Fund Group | Janus Henderson Fund Management UK Limited |
| Fund Name | Janus Henderson Absolute Return Fixed Income |
| Type of change | Name, Investment Policy & AMC Change |
| Date change effective from | 02/12/2024 |
| Is the event subject to shareholder approval? | No |
| 2. Name change details | |
| Current Fund Name | New Fund Name |
| Janus Henderson Absolute Return Fixed Income | Janus Henderson Global Short Duration Income |
| 3. Investment policy | |
| Previous investment policy | The Fund invests at least 80% of its assets in a global portfolio of bonds of any quality, including high yield (non-investment grade) bonds and asset-backed and mortgage-backed securities, issued by governments or companies. The Fund may invest directly or via derivatives (complex financial instruments). |
| New investment policy | The Fund invests at least 80% of its assets in a global portfolio of short duration* bonds of any quality, including high yield (non-investment grade) bonds and asset-backed and mortgage-backed securities, issued by governments or companies. The Fund may invest directly or via derivatives (complex financial instruments). * In this case the “short duration” of the bonds means that they can have a reduced sensitivity to interest rates and may therefore be less likely to experience large fluctuations in value. The overall duration of the Fund is typically less than two years and may at times also be negative. The Fund has no pre-established maturity standards, but the weighted average maturity of the portfolio as a whole is expected to be below five years. |
| 4. Change to charging structure | |
| Unbundled Fund | |
| Previous AMC | 0.45 |
| New AMC | 0.35 |
| Previous TER | 0.58 |
| New TER | 0.48 |