Janus Henderson to Update Growth Alpha ETFs to Actively Managed Strategies
Janus Henderson (NYSE: JHG) announced plans to convert its Small Cap Growth Alpha ETF (JSML) and Small/Mid Cap Growth Alpha ETF (JSMD) to actively managed investment strategies by mid-May 2025. The funds will shift from tracking index performance to using active management aimed at generating alpha through a systematic and repeatable process.
The updated strategy will include flexible rebalancing capabilities and portfolio optimization, aligning with the investment process of the Janus Henderson Mid Cap Growth Alpha ETF (JMID) launched in September 2024. Portfolio managers Benjamin Wang, CFA and Zoey Zhu, CFA will continue managing the funds with no changes to fees or Morningstar categories.
The company's total ETF suite currently manages $26.5 billion in AUM as of December 31st, 2024. After implementation, Janus Henderson will offer 14 active ETFs, including eight fixed income and six equity ETFs. The firm manages approximately US$379 billion in total assets under management.
Janus Henderson (NYSE: JHG) ha annunciato piani per convertire il suo Small Cap Growth Alpha ETF (JSML) e il Small/Mid Cap Growth Alpha ETF (JSMD) in strategie di investimento attivamente gestite entro metà maggio 2025. I fondi passeranno dal seguire le performance degli indici all'uso della gestione attiva, mirata a generare alpha attraverso un processo sistematico e ripetibile.
La strategia aggiornata includerà capacità di ribilanciamento flessibile e ottimizzazione del portafoglio, allineandosi con il processo di investimento del Janus Henderson Mid Cap Growth Alpha ETF (JMID) lanciato a settembre 2024. I gestori del portafoglio Benjamin Wang, CFA e Zoey Zhu, CFA continueranno a gestire i fondi senza modifiche alle commissioni o alle categorie Morningstar.
Il totale della suite ETF dell'azienda attualmente gestisce $26,5 miliardi in AUM al 31 dicembre 2024. Dopo l'implementazione, Janus Henderson offrirà 14 ETF attivi, inclusi otto ETF a reddito fisso e sei ETF azionari. L'azienda gestisce circa US$379 miliardi in totale attivo sotto gestione.
Janus Henderson (NYSE: JHG) anunció planes para convertir su Small Cap Growth Alpha ETF (JSML) y su Small/Mid Cap Growth Alpha ETF (JSMD) en estrategias de inversión gestionadas activamente para mediados de mayo de 2025. Los fondos pasarán de seguir el rendimiento de índices a utilizar una gestión activa que busca generar alpha a través de un proceso sistemático y repetible.
La estrategia actualizada incluirá capacidades de reequilibrio flexibles y optimización de cartera, alineándose con el proceso de inversión del Janus Henderson Mid Cap Growth Alpha ETF (JMID) lanzado en septiembre de 2024. Los gestores de cartera Benjamin Wang, CFA y Zoey Zhu, CFA continuarán gestionando los fondos sin cambios en las tarifas o categorías de Morningstar.
La suite total de ETF de la empresa actualmente gestiona $26.5 mil millones en AUM a partir del 31 de diciembre de 2024. Después de la implementación, Janus Henderson ofrecerá 14 ETF activos, incluidos ocho de renta fija y seis de acciones. La firma gestiona aproximadamente US$379 mil millones en activos totales bajo gestión.
Janus Henderson (NYSE: JHG)는 2025년 5월 중순까지 Small Cap Growth Alpha ETF (JSML)와 Small/Mid Cap Growth Alpha ETF (JSMD)를 능동적으로 관리되는 투자 전략으로 전환할 계획을 발표했습니다. 이 펀드는 지수 성과 추적에서 벗어나 체계적이고 반복 가능한 과정을 통해 알파를 생성하는 것을 목표로 하는 능동적 관리로 전환됩니다.
업데이트된 전략에는 유연한 재조정 기능과 포트폴리오 최적화가 포함되어 있으며, 2024년 9월에 출시된 Janus Henderson Mid Cap Growth Alpha ETF (JMID)의 투자 과정과 일치합니다. 포트폴리오 매니저인 Benjamin Wang, CFA와 Zoey Zhu, CFA는 수수료나 Morningstar 카테고리에 변화 없이 계속해서 펀드를 관리할 것입니다.
회사의 전체 ETF 제품군은 2024년 12월 31일 기준으로 현재 $265억 달러의 AUM을 관리하고 있습니다. 구현 후 Janus Henderson는 8개의 고정 수익 ETF와 6개의 주식 ETF를 포함하여 14개의 능동 ETF를 제공할 것입니다. 이 회사는 총 US$3,790억 달러의 자산을 관리하고 있습니다.
Janus Henderson (NYSE: JHG) a annoncé des plans pour convertir son Small Cap Growth Alpha ETF (JSML) et son Small/Mid Cap Growth Alpha ETF (JSMD) en stratégies d'investissement gérées activement d'ici la mi-mai 2025. Les fonds passeront du suivi des performances des indices à une gestion active visant à générer de l'alpha grâce à un processus systématique et répétable.
La stratégie mise à jour comprendra des capacités de rééquilibrage flexibles et une optimisation de portefeuille, s'alignant sur le processus d'investissement du Janus Henderson Mid Cap Growth Alpha ETF (JMID) lancé en septembre 2024. Les gestionnaires de portefeuille Benjamin Wang, CFA et Zoey Zhu, CFA continueront à gérer les fonds sans changement de frais ou de catégories Morningstar.
La suite totale d'ETF de l'entreprise gère actuellement $26,5 milliards en AUM au 31 décembre 2024. Après mise en œuvre, Janus Henderson proposera 14 ETF actifs, dont huit à revenu fixe et six en actions. La société gère environ US$379 milliards d'actifs totaux sous gestion.
Janus Henderson (NYSE: JHG) hat Pläne angekündigt, seinen Small Cap Growth Alpha ETF (JSML) und den Small/Mid Cap Growth Alpha ETF (JSMD) bis Mitte Mai 2025 in aktiv verwaltete Anlagestrategien umzuwandeln. Die Fonds werden von der Nachverfolgung der Indexperformance zu einer aktiven Verwaltung übergehen, die darauf abzielt, Alpha durch einen systematischen und wiederholbaren Prozess zu generieren.
Die aktualisierte Strategie wird flexible Rebalancing-Fähigkeiten und Portfolio-Optimierung umfassen und sich an dem Investitionsprozess des Janus Henderson Mid Cap Growth Alpha ETF (JMID) orientieren, der im September 2024 gestartet wurde. Die Portfoliomanager Benjamin Wang, CFA und Zoey Zhu, CFA werden die Fonds weiterhin ohne Änderungen bei den Gebühren oder Morningstar-Kategorien verwalten.
Das gesamte ETF-Sortiment des Unternehmens verwaltet derzeit $26,5 Milliarden in AUM zum 31. Dezember 2024. Nach der Umsetzung wird Janus Henderson 14 aktive ETFs anbieten, darunter acht Renten- und sechs Aktien-ETFs. Das Unternehmen verwaltet insgesamt etwa US$379 Milliarden an verwalteten Vermögenswerten.
- Flexible rebalancing capabilities introduced to optimize portfolio performance
- Maintains existing fee structure, avoiding additional costs for investors
- Substantial ETF AUM of $26.5 billion demonstrates strong market presence
- Retention of experienced portfolio managers ensures continuity
- Strategy change may lead to deviation from historical performance patterns
- Increased portfolio turnover could result in higher taxable gains for investors
Insights
Janus Henderson's decision to convert two of its ETFs from index-tracking to active management represents a strategic product evolution within their asset management lineup. This transition for the Small Cap Growth Alpha ETF (JSML) and Small/Mid Cap Growth Alpha ETF (JSMD) signals the firm's increased commitment to active management capabilities in the ETF space.
The conversion introduces three key operational changes: (1) replacement of index-tracking with active security selection, (2) implementation of a systematic factor-based approach combined with portfolio optimization, and (3) introduction of flexible rebalancing capabilities. These modifications align these products with their newer Mid Cap Growth Alpha ETF (JMID) launched in September 2024.
From an operational perspective, maintaining the same portfolio managers and fee structure minimizes disruption for existing shareholders while potentially enhancing the value proposition. The firm's stated goal of producing alpha with tighter tracking error suggests they're seeking to offer outperformance while controlling deviation from benchmark returns.
This move expands Janus Henderson's active ETF lineup to 14 products, representing a growing portion of their
Each Fund will shift its focus away from seeking investment results that correspond generally to the performance of an underlying index and instead, use active management that aims to produce alpha.
The selection of each Fund’s portfolio securities and weightings will be driven by a systematic and repeatable process, combining specific factors the investment team believes can generate alpha over time with a portfolio optimization process. The Funds will also incorporate newly flexible rebalancing capabilities that will enable the team to rebalance anytime a portfolio deviates from an optimal state. This active investment strategy aims to produce alpha with tighter tracking error, which ultimately is intended to benefit clients. The updated investment process will align with the investment process of the Janus Henderson Mid Cap Growth Alpha ETF (JMID), which launched in September 2024.
Janus Henderson regularly reviews its range of products to ensure offerings continue to meet client expectations and needs. After careful consideration, it was decided to proceed with these changes to the investment process.
Benjamin Wang, CFA and Zoey Zhu, CFA will continue as portfolio managers for the Funds and there will be no changes to fees or Morningstar categories as a result of the updated investing process.
Subject to approvals, each Fund’s change to its investment process will be effective in mid-May of 2025.
Once implemented, Janus Henderson will offer 14 active ETFs (eight fixed income and six equity ETFs). As of December 31st, 2024, Janus Henderson’s total ETF suite has
Notes to editors
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 December 31, 2024, Janus Henderson had approximately
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.
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 800.668.0434 or download the file from janushenderson.com/info. Read it carefully before you invest or send money.
Investing involves risk, including the possible loss of principal and fluctuation of value.
OBJECTIVES: Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD) and Small Cap Growth Alpha ETF (JSML) seek to provide long-term growth of capital.
There is no assurance the stated objective(s) will be met.
Smaller capitalization securities may be less stable and more susceptible to adverse developments, and may be more volatile and less liquid than larger capitalization securities.
Growth stocks are subject to increased risk of loss and price volatility and may not realize their perceived growth potential.
Increased portfolio turnover may result in higher expenses and potentially higher net taxable gains or losses.
Janus Henderson Investors US LLC is the investment adviser and ALPS Distributors, Inc. is the distributor. ALPS is not affiliated with Janus Henderson or any of its subsidiaries.
Janus Henderson is a trademark of Janus Henderson Group plc or one of its subsidiaries. © Janus Henderson Group plc.
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FAQ
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