Notification of change to the underlying fund of Janus Henderson Horizon Asia-Pacific Property Income mirror funds
17 Apr 2025
- P61 - Janus Henderson Horizon Asia-Pacific Property Income
- H41 - Janus Henderson Horizon Asia-Pacific Property Income*
(together the “Affected Mirror Funds”)
We have been notified by Janus Henderson Horizon Fund (the “Company”) of a change to the underlying fund of the Affected Mirror Funds. The change will take effect from 14 May 2025 (the “Effective Date”).
Introduction of a minimum commitment in sustainable investments
From the Effective Date, the underlying fund to the Affected Mirror Funds, which is a fund currently promoting environmental and / or social characteristics pursuant to Article 8 of the Regulation (EU) 2019/2088 of the European Parliament and of the Council of 27 November 2019 on sustainability-related disclosures in the financial services sector (the “SFDR”), will adopt a new commitment to invest a minimum percentage of its net asset value in sustainable investments, as follows:
| Underlying Fund - Article 8 Fund | Minimum commitment of net asset value in sustainable investments |
|---|---|
| Janus Henderson Horizon Asia-Pacific Property Income | 10% |
The Company has received feedback from investors that suggests there is demand for Article 8 funds to commit a minimum level of exposure to sustainable investments. In response to this demand, Janus Henderson Investors Europe S.A. as Management Company to the Company, has decided to introduce the minimum commitment in sustainable investments for its Article 8 funds, including the underlying fund to the Affected Mirror Funds.
The Investment Manager will use its sustainable investment methodology to determine which investments may be considered sustainable investments.
With respect to the underlying fund to the Affected Mirror Funds, 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.
A summary of the amendments added to the pre-contractual disclosures of the underlying fund of the Affected Mirror Funds can be found in the Appendix opposite.
These changes 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.
