Notification of change to the underlying fund of Janus Henderson Horizon Pan European Mid and Large Cap (USD)
15 Aug 2025
- P63 Janus Henderson Horizon Pan European Mid and Large Cap (USD)
- Z53 Janus Henderson Horizon Pan European Mid and Large Cap (USD)*
(together the “Affected Mirror Funds”)
We have received notification from Janus Henderson Horizon Fund (the “Company”) of a change to the underlying fund of the Affected Mirror Funds with effect from 8 September 2025 (the “Effective Date”).
Introduction of a minimum commitment in sustainable investments
The underlying fund of the Affected Mirror Funds currently promotes environmental and/or social characteristics pursuant to Article 8 of the EU’s Sustainable Finance Disclosure Regulation (“SFDR”). From the Effective Date the underlying fund of the Affected Mirror Funds will adopt an additional commitment to invest a minimum 10% of its net asset value in sustainable investments.
Background to the introduction of the commitment
Janus Henderson Investors Europe S.A., as the management company to the Company (the “Management Company”), continuously monitors and performs assessments of the Company’s sub-funds to ensure they continue to meet client expectations and needs. Feedback from clients suggests there is demand for the underlying fund to commit a minimum level of exposure to sustainable investments. In response to this demand, the Management Company, on the recommendation of the investment manager of the underlying fund (the “Investment Manager”), has decided to introduce the minimum commitment in sustainable investments for the underlying fund of the Affected Mirror Funds.
Sustainable investment criteria
The Investment Manager will use its sustainable investment methodology to determine which investments may be considered sustainable investments.
The Investment Manager uses a pass/fail test meaning that each sustainable investment must meet all three of the requirements below:
- based on revenue mapping to UN Sustainable Development Goals or having a carbon emissions target approved by the Science Based Targets initiative (SBTi), it contributes to an environmental or social objective;
- it does not cause significant harm to any environmental or social sustainable investment objective; and
- it follows good governance practices.
There will be no transaction costs in relation to the specified amendments as there will be no change to the existing portfolio of the underlying fund of the Affected Mirror Funds. Please refer to the Appendix opposite for a comparison of the amendment to the pre-contractual disclosure section of the prospectus of the underlying fund of the Affected Mirror Funds.
This change will take effect automatically and policyholders do not need to take any action.
Should you have any questions regarding these changes, please contact the Investment Marketing Team.
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*Fund applicable to Hong Kong designated policyholders.
