Janus Henderson launches active US transformational growth ETF

Janus Henderson has added a seventh actively managed ETF to its range.

  • Gary Jackson
  • 2 min reading time
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Source: Trustnet

Janus Henderson has launched an active ETF that invests in US companies involved in long-term transformational trends, arguing that passive funds are ill-suited for this opportunity.

The Janus Henderson Tabula US Transformational Growth Equity UCITS ETF, which listed on the London Stock Exchange today with availability in major European markets, is an actively managed portfolio of 20 to 25 US stocks.

It focuses on companies benefiting from durable trends such as artificial intelligence, deglobalisation, healthcare innovation, digitisation and migration to the cloud.

Managers Nick Schommer and Brian Recht look for companies with long-term compounding growth characteristics, disruptive ‘blue sky’ opportunities or life cycle changes that are underappreciated by the market. They will generally avoid the largest stocks in the index.

Schommer said: “We aim to capture tomorrow’s growth opportunities rather than yesterday’s winners. We believe that investors underappreciate the amount of risk that extreme concentration is causing in passive funds, which follow backward-looking indices and trade without regard to fundamentals.

“Our active approach provides thoughtful diversification beyond the five to 10 companies that currently dominate the index."

This is the seventh active ETF for non-US investors from Janus Henderson and follows other launches this year, including the Janus Henderson Tabula EUR AAA CLO UCITS ETF in January, the Janus Henderson Tabula Mortgage-Backed Securities UCITS ETF in May and the Janus Henderson Tabula Euro Short Duration Income UCITS ETF in June.

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