On the 18/06/2026 we were informed by Janus Henderson Fund Management UK Limited that the Janus Henderson European Mid and Large Cap Fund would be closed. Customers will be moved into the Janus Henderson European Focus Fund on the 02/07/2026. As a result, there will be a change to the fund customers currently hold.
Default replacement fund: Janus Henderson European Focus Fund
Closing Fund IMC: 0.68%
Default Replacement Fund IMC: 0.68%
Objective of default replacement fund:
The Fund aims to provide a return, from a combination of capital growth and income over the long term (5 years or more). The Fund invests at least 80% of its assets in a concentrated portfolio of shares (also known as equities) of companies, of any size, in any industry, in Europe (excluding UK). Companies will be incorporated, headquartered, listed on an exchange in, or deriving significant revenue from, this region. The portfolio may be concentrated in terms of its number of holdings and/or the size of its largest holdings.
Customers will be invested in the new fund from 02/07/2026, but these changes may not be visible until up to two weeks following this date.
Old TER: 1.06%
New TER: 1.04%
Old TER: 1.92%
New TER: 1.06%
Old TER: 0.98%
New TER: 1.02%
Old TER: 1.91%
New TER: 1.14%
Old share class: R Acc
Old TER: 0.93%
New share class: Z Acc
New TER: 0.93%
Old share class: R ACC
Old TER:1.19%
New share class: Z Acc
New TER: 0.93%
On 14/05/2026 we were informed by Janus Henderson Fund Management UK Limited that the Janus Henderson Institutional Japan Index Opportunities Fund would be closed. Customers will be moved into the PUTM ACS Sustainable Index Japan Equity Fund on 10/07/2024. As a result, there will be a change to the fund customers currently hold.
Default replacement fund: PUTM ACS Sustainable Index Japan Equity Fund
Closing Fund TER: 0.61%
Default Replacement Fund TER fund: 0.09%
Objective of the default replacement fund:
The Fund aims to provide a total return (a combination of capital growth and income), delivering an overall return in line with the FTSE Japan Phoenix Climate aligned index (the “Index”), before management fees and expenses. The Fund aims to achieve this objective by investing in at least 90% of the portfolio equities and equity related securities of companies that are constituents of the Index in approximate proportion to their weightings in the Index. From time to time, the Fund may acquire or hold securities that are not index constituents, as a result of corporate actions. All securities in the Fund must be equity or equity related securities considered either large or midcap on the Japanese equity markets. “Equity related securities” will include convertible stocks, stock exchange listed warrants, depository receipts, and any other such investments which entitle the holder to subscribe for or convert into the equity of the company and/or where the share price performance is, in the opinion of the Investment Manager, influenced significantly by the stock market performance of the company’s ordinary shares. The Fund may also invest in other transferable securities, moneymarket instruments, deposits, cash and near cash and other collective investment schemes. Derivatives will be used for efficient portfolio management only.
This fund invests in the underlying retail fund in order to track its performance, this means that fund performance may differ to the underlying fund.
Customers will be invested in the new fund from 10/07/2026, but these changes may not be visible until up to two weeks following this date.
Old TER: 1.62%
New TER: 1.59%
Old TER: 1.27%
New TER: 1.25%
