What is Janus Global Technology Fund and Why Invest in D Shares?

What is Janus Global Technology Fund and Why Invest in D Shares?

Janus Global Technology Fund is amutual fundthat invests in technology companies worldwide. It is managed by Janus Henderson Investors, a global asset management firm with over $330 billion in assets under management. The fund seeks long-term capital appreciation by investing primarily in companies that are involved in the development, production, or distribution of technology products or services.

Investment Strategy and Portfolio

The investment strategy of Janus Global Technology Fund focuses on identifying companies with strong competitive advantages, sustainable growth potential, and attractive valuations. The fund's portfolio is diversified across different technology sub-sectors, including software, hardware, semiconductors, and internet-related companies. The top holdings of the fund include well-known tech giants such as Apple, Microsoft, and Amazon, as well as some fast-growing companies like Shopify and Square.

Performance and Risk

Janus Global Technology Fund has delivered impressive returns over the past decade, with an average annualized return of 23.98% as of June 30, 2021. However,investorsshould also be aware of the inherent risks associated with investing in technology companies, such as rapid changes in technology, intense competition, and regulatory risks. The fund's performance may also be impacted by macroeconomic factors, such as interest rates and currency fluctuations.

Investing in D Shares

Janus Global Technology Fund offers different share classes, including A, C, and D shares. D shares are designed for investors who value flexibility and low expenses. They do not have a sales charge or a 12b-1 fee, and the expense ratio is typically lower than other share classes. However, D shares may have higher redemption fees if the shares are sold within a certain time frame. Investors should evaluate their investment goals and compare the different share classes before making a decision.

In summary, Janus Global Technology Fund is a well-managed mutual fund that offers investors exposure to the rapidly-growingtechnology sector. While the fund's performance has been impressive, investors should also be aware of the risks and evaluate their investment goals before investing. D shares may be a good option for investors who prioritize low expenses and flexibility.