JAAA - Janus Henderson European Focus Fund Q4 2024 Commentary
2025-02-13 10:05:00 ET
Summary
- The Fund returned -8.89% and the MSCI Europe NR Index returned -9.74%.
- Positive contributors to relative performance included Austrian financial services company Erste Bank. Detractors included Swiss vacuum valve company VAT Group.
- While we acknowledge the market uncertainty around President-elect Trump’s future policies, we see catalysts that could help lift the gloom hanging over European equity markets.
Performance - USD (%)
| Cumulative |
| Annualized |
| Returns |
| 4Q24 |
| YTD |
| 1 Yr |
| 3 Yr |
| 5 Yr |
| 10 Yr |
| Since Inception (08/31/01) |
| Class I Shares |
| -8.89 |
| 2.36 |
| 2.36 |
| 0.67 |
| 9.04 |
| 5.07 |
| 11.1 |
| Class T Shares |
| -8.93 |
| 2.18 |
| 2.18 |
| 0.51 |
| 8.87 |
| 4.87 |
| 10.93 |
| Class N Shares |
| -8.89 |
| 2.39 |
| 2.39 |
| 0.74 |
| 9.12 |
| 5.09 |
| 11.03 |
| Class A Shares @ NAV |
| -8.95 |
| 2.11 |
| 2.11 |
| 0.43 |
| 8.76 |
| 4.8 |
| 10.9 |
| Class A Shares @ MOP |
| -14.18 |
| -3.76 |
| -3.76 |
| -1.54 |
| 7.49 |
| 4.18 |
| 10.62 |
| MSCI Europe NR Index |
| -9.74 |
| 1.79 |
| 1.79 |
| 1.2 |
| 4.9 |
| 4.98 |
| 5.45 |