Janus Henderson Offers Money Market Fund to Support the American Cancer Society's Efforts in Advocacy, Research & Patient Support

Rhea-AI Summary

Janus Henderson and the American Cancer Society (ACS) have announced an innovative partnership to support cancer research, advocacy, and patient support. Through this initiative, Janus Henderson will donate an amount equal to half of its management fees from its Government Money Market Fund to ACS. The company has committed to donating a minimum of $1 million per year for the next three years.

The Fund, with a nearly 30-year track record, focuses on capital preservation and daily liquidity by investing in U.S. Government obligations. It's available through two share classes: American Cancer Society Support - Class D Shares (ACDXX) and Class T Shares (ACTXX). This partnership is part of Janus Henderson's Brighter Future Project, aiming to enhance the company's positive impact on clients, employees, and communities.

Positive

• Janus Henderson commits to donating a minimum of $1 million per year for 3 years to ACS
• The initiative creates a new fundraising mechanism for ACS, a 501(c)(3) charity
• The Government Money Market Fund has a nearly 30-year track record
• The partnership may enhance Janus Henderson's brand image and social responsibility profile

Negative

• Donation of half of management fees from the Fund may impact Janus Henderson's revenue
• The success of the initiative depends on the Fund's performance and asset growth

Financial Analyst

While the partnership between Janus Henderson and the American Cancer Society (ACS) is commendable from a corporate social responsibility perspective, its direct financial impact on Janus Henderson is likely to be minimal. The commitment to donate half of the management fees from the Government Money Market Fund, with a $1 million annual minimum, suggests a relatively small financial outlay for a global asset manager of Janus Henderson's size.

However, this initiative could potentially attract new investors to the fund, especially those interested in socially responsible investing. The increased assets under management could offset the donated fees. Additionally, the partnership may enhance Janus Henderson's brand image, potentially leading to increased interest in their other investment products.

From an investor's perspective, it's important to note that the fund's performance and risk profile should remain unchanged, as it continues to focus on capital preservation and liquidity through U.S. government securities.

Market Research Analyst

This partnership represents an innovative approach to corporate philanthropy in the financial sector. By tying donations to fund performance, Janus Henderson is creating a unique value proposition that could appeal to socially conscious investors. This move aligns with the growing trend of Environmental, Social and Governance (ESG) investing.

The initiative could potentially increase Janus Henderson's market share in the competitive money market fund space. It may particularly resonate with millennials and Gen Z investors, who often prioritize social impact in their financial decisions. However, the actual impact on fund inflows and Janus Henderson's overall market position will depend on how effectively this initiative is marketed and perceived by investors.

Competitors may watch this closely and potentially develop similar philanthropic partnerships, which could lead to a new trend in the asset management industry.

Janus Henderson will donate an amount equal to half of its management fees for all assets under management from the Fund.¹

DENVER & ATLANTA--(BUSINESS WIRE)-- Janus Henderson, a global active asset manager which helps millions of people globally invest in a brighter future together, and the American Cancer Society (ACS) today announced an innovative partnership to support cancer research, advocacy, and patient support.

Through this pioneering initiative, Janus Henderson will donate an amount equal to half of its management fees for all assets under management from Janus Henderson’s Government Money Market Fund (“the Fund”) to ACS.¹ Janus Henderson has committed to donating a minimum of $1 million per year to ACS for the next three years through this innovative partnership to support the fight against cancer.

"We are honored to support the American Cancer Society, and it’s our sincere hope this partnership will help create a brighter future for many. Among cancer’s many impacts, the financial burden of a diagnosis can be devastating. Through this initiative, Janus Henderson and our clients can now easily support ACS’ critical work in advocacy, research, and patient support, helping to improve the lives of both cancer patients and their families,” said Ali Dibadj, CEO of Janus Henderson.

Cancer is still the second leading cause of death worldwide², and this year the annual ACS Cancer Facts & Figures report projects that the number of new cancer diagnoses in the United States will top two million. For many, access to quality care is not uniformly accessible and once diagnosed many may experience financial hardship. This initiative is a novel fundraising mechanism for ACS, a 501(c)(3) charity.

“Together with Janus Henderson, we are supporting cancer patients and families across the cancer continuum by partnering in this innovative fundraising method,” said Dr. Karen Knudsen, CEO of the American Cancer Society. “Their generous support will increase our ability to fund groundbreaking research, advocate for better access to care at the federal and local levels, and provide direct patient support to help us end cancer as we know it, for everyone.”

Janus Henderson’s Government Money Market Fund is an actively managed money market fund with a nearly 30-year track record. The Fund focuses on capital preservation and daily liquidity by investing exclusively in obligations issued or guaranteed by the U.S. Government or its agencies and cash.

The Fund is available to investors through two share classes: American Cancer Society Support - Class D Shares (ACDXX), which are available directly to individual investors in the U.S. through Janus Henderson’s Direct channel, and American Cancer Society Support - Class T Shares (ACTXX), which are available through select intermediaries.

Janus Henderson’s Direct channel caters to do-it-yourself investors in the U.S., who benefit from world-class customer service and have full access to the firm’s lineup of nearly 40 investment options across equity, fixed income, and multi-asset funds.

Janus Henderson’s partnership with ACS is part of Janus Henderson’s Brighter Future Project. The Brighter Future Project looks for innovative ways to enhance Janus Henderson’s positive impact on clients, employees, and the communities it serves, creating a virtuous cycle of impact.

To learn more about this exciting initiative, please visit Fighting Cancer: Building a Brighter Future (janushenderson.com).

The American Cancer Society does not endorse any service or product. Shares of Janus Henderson Government Money Market Fund are not sponsored, endorsed, or promoted by the ACS, and the ACS is not an investment adviser or service provider to the Fund, Janus Investment Fund, or Janus Henderson.

About Janus Henderson

Janus Henderson Group is a leading global active asset manager dedicated to helping clients define and achieve superior financial outcomes through differentiated insights, disciplined investments, and world-class service. As of June 30, 2024, Janus Henderson had approximately US$361 billion in assets under management, more than 2,000 employees, and offices in 24 cities worldwide. The firm helps millions of people globally invest in a brighter future together. Headquartered in London, Janus Henderson is listed on the New York Stock Exchange.

To learn more about Janus Henderson’s Government Money Market Fund, please visit https://www.janushenderson.com/en-us/investor/product/government-money-market-fund/.

To learn more about Janus Henderson’s Direct channel, please visit https://www.janushenderson.com/en-us/investor/.

About the American Cancer Society

The American Cancer Society is a leading cancer-fighting organization with a vision to end cancer as we know it, for everyone. For more than 110 years, we have been improving the lives of people with cancer and their families as the only organization combating cancer through advocacy, research, and patient support. We are committed to ensuring everyone has an opportunity to prevent, detect, treat, and survive cancer. To learn more, visit cancer.org or call our 24/7 helpline at 1-800-227-2345. Connect with us on Facebook, X, and Instagram.

Janus Henderson will donate from its own resources, an amount representing 50% of the Janus Henderson's quarterly management fee revenue attributable to Janus Henderson Government Money Market Fund, net of any fee waivers and/or expense reimbursements, to the ACS. Janus Henderson will make annual minimum contributions to the ACS of $1 million from 2024 to 2027, and in each year thereafter to the extent this arrangement continues.

Please consider the charges, risks, expenses and investment objectives carefully before investing. For a prospectus or, if available, a summary prospectus containing this and other information, please call Janus Henderson at 800.525.3713 or download the file from janushenderson.com/allfunds. Read it carefully before you invest or send money.

Investing involves risk, including the possible loss of principal and fluctuation of value.

For Janus Henderson Government Money Market Fund: You could lose money by investing in the Fund. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the Fund is not a bank account and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund’s sponsor is not required to reimburse the Fund for losses, and you should not expect that the sponsor will provide financial support to the Fund at any time, including during periods of market stress.

For Janus Henderson Government Money Market Fund: Fees may be voluntarily waived and/or reimbursed to the extent necessary to assist the Fund in attempting to maintain a yield of at least 0.00%. Any waivers and reimbursements could be changed or terminated at any time.

The Fund may invest cash balances in the cash liquidity fund. View holdings and other information on the Fund’s webpage by clicking the Learn More link above.

Holdings are subject to change without notice.

There is no assurance the stated objective(s) will be met.

Mutual funds distributed by Janus Henderson Distributors US LLC.

Janus Henderson is a trademark of Janus Henderson Group plc or one of its subsidiaries. © Janus Henderson Group plc.

This press release is solely for the use of members of the media and should not be relied upon by personal investors, financial advisers, or institutional investors. We may record telephone calls for our mutual protection, to improve customer service and for regulatory record keeping purposes. All opinions and estimates in this information are subject to change without notice.

¹ The donation of Janus Henderson’s management fee revenues will be net of any waivers.

² Source: American Cancer Society’s 5^thedition of Global Cancer Facts & Figures https://www.cancer.org/content/dam/cancer-org/research/cancer-facts-and-statistics/global-cancer-facts-and-figures/global-cancer-facts-and-figures-2024.pdf

View source version on businesswire.com: https://www.businesswire.com/news/home/20240913179652/en/

Janus Henderson Media Relations - candice.sun@janushenderson.com



Janus Henderson Investor Relations - jim.kurtz@janushenderson.com

Source: Janus Henderson Group

FAQ

How much will Janus Henderson donate to the American Cancer Society through this partnership?

Janus Henderson will donate an amount equal to half of its management fees from the Government Money Market Fund (JHG), with a minimum commitment of $1 million per year for the next three years.

What are the share classes available for the Janus Henderson Government Money Market Fund (JHG) supporting ACS?

The Fund offers two share classes: American Cancer Society Support - Class D Shares (ACDXX) for direct individual investors, and American Cancer Society Support - Class T Shares (ACTXX) available through select intermediaries.

What is the investment focus of the Janus Henderson Government Money Market Fund (JHG)?

The Fund focuses on capital preservation and daily liquidity by investing exclusively in obligations issued or guaranteed by the U.S. Government or its agencies and cash.

How does this partnership align with Janus Henderson's corporate initiatives?

This partnership is part of Janus Henderson's Brighter Future Project, which aims to enhance the company's positive impact on clients, employees, and the communities it serves.