Janus Henderson Global Sustainable Equity Fund’s Q4 2025 Investor Letter

Janus Henderson Investors, an investment management company, released its “Global Sustainable Equity Fund” fourth-quarter 2025 investor letter. In the fourth quarter of 2025, global equity markets experienced a significant upswing, with many indices hitting new all-time highs. Resilient equity markets, favorable monetary policies, and ongoing momentum in AI and electrification trends supported this positive investment environment. The firm maintained a focus on high-quality companies that have strong competitive advantages and align with multi-year secular trends, strategically positioning the portfolio to effectively manage both opportunities and challenges in the shifting investment landscape. The fund returned -1.72% during the quarter, underperforming the MSCI World Index’s 3.12% gain. Stock selection in healthcare and a lower allocation to real estate enhanced relative performance, while stock selection made in industrials and financials negatively impacted results. Please review the Strategy’s top five holdings to gain insights into their key selections for 2025.

A copy of Janus Henderson Global Sustainable Equity Fund’s Q4 2025 Investor Letter can be downloaded here.