- Janus Henderson Investors (NYSE:JHG) files preliminary registration statement for an actively managed mortgage-backed securities ETF.
- John Kerschner and Nick Childs will co-manage the Janus Henderson Mortgage-Backed Securities ETF (JMBS), which seeks a high level of total return consisting of income and capital appreciation.
- If all approvals are granted, Janus Henderson expects to launch the Janus Henderson Mortgage-Backed Securities ETF on or around September 2018.
- The ETF under normal circumstances will invest at least 80% of its net assets – and at times substantially all, including any borrowings for investment purposes – in a portfolio of mortgage-related, fixed-income instruments of varying maturities, with at least 80% in agency-issued MBS.
- Janus Henderson says it believes the $6.5T U.S. agency mortgage market, which accounts for 28% of the Bloomberg Barclays (LON:BARC) U.S. Aggregate Bond Index, is currently underserved by active ETFs.
- JHG +0.22% in premarket trading.
- Source: Press Release
- ETFs: DMO, TSI, PGZ, JLS, CMBS, FMY, JMT, LMBS, MBSD
- Now read: Janus Henderson Group plc 2018 Q1 - Results - Earnings Call Slides
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