Janus Henderson Global Allocation Fund - Conservative

This fund primarily invests in various other investment vehicles managed by Janus Henderson, specifically a selection of mutual funds and exchange-traded funds (ETFs). These constituent funds are strategically chosen to encompass diverse asset categories and investment methodologies, thereby offering broad market access to companies and economies across the globe. Consequently, the fund typically maintains a varied portfolio that allocates its capital across bonds (fixed-income securities), short-term cash equivalents (money market instruments), stocks (equities), and potentially alternative assets, subject to their availability.