An incredibly stable and focused team for this flexible world bond approach warrants an upgrade to our People Pillar rating to High from Above Average. Under our enhanced ratings framework, which places a greater focus on fees, the Morningstar Analyst Rating for the institutional share class of Janus Henderson Developed World Bond is increased to Silver from Bronze. More expensive share classes are rated Bronze and Neutral.
Will HFAAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable HFAAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the HFAAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of HFAAX’s parent organization’s priorities and whether they’re in line with investors’ interests.