# Janus Henderson EUR AAA CLO Active Core UCITS ETF-USD Hedged Acc- Capitalisation (JCLU)

**Page:** https://fundology.uk/fund/jclu · ISIN LU2941599248

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 13/11/2026, JCLU (Janus Henderson EUR AAA CLO Active Core UCITS ETF-USD Hedged Acc- Capitalisation, ISIN LU2941599248) closed at $10.88 on the London Stock Exchange. Its ongoing charge is 0.25% a year (about £25 on £10,000). Over the year to 13/11/2026 its total return was +3.7%, or 0.0% after UK CPIH inflation.

## Summary

Janus Henderson Fund SICAV - Janus Henderson EUR AAA CLO Active Core UCITS ETF-USD Hedged Acc- Capitalisation is an exchange-traded fund (ETF) from Janus Henderson, launched in 2025. It tracks the No Underlying Index. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.25% a year — about £25 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. It is currency-hedged to US dollars, not to the pound: it aims to remove most of the effect of exchange-rate moves against US dollars, so a holder who counts in pounds still has currency risk.

Latest close: **$10.88** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | JCLU |
| ISIN | LU2941599248 |
| Category | Corporate & other bonds |
| Type | ETF |
| Provider | Janus Henderson |
| Income | Accumulating |
| Ongoing charge | 0.25% a year (£25 per £10,000) |
| Fund size | £32.1m |
| Launched | 2025 |
| Domicile | Luxembourg |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 04/02/2025 |

## Past returns (periods to 13/11/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | +3.69% | +0.01% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of Janus Henderson Fund SICAV - Janus Henderson EUR AAA CLO Active Core UCITS ETF-USD Hedged Acc- Capitalisation in pounds (price, with income reinvested in the fund): 2026 to 13/11/2026 +5.8%. Returns of Janus Henderson Fund SICAV - Janus Henderson EUR AAA CLO Active Core UCITS ETF-USD Hedged Acc- Capitalisation in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +6.3%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2026 to 13/11/2026 | +5.8% | +2.4% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 6.17% | -3.71% |

## Largest fall

Volatility of Janus Henderson Fund SICAV - Janus Henderson EUR AAA CLO Active Core UCITS ETF-USD Hedged Acc- Capitalisation in pounds, annualised from weekly returns to 13/11/2026: 6.2% over 1 year. Largest fall in the price of Janus Henderson Fund SICAV - Janus Henderson EUR AAA CLO Active Core UCITS ETF-USD Hedged Acc- Capitalisation since March 2025, in pounds: −4.5% from 07/03/2025 to 27/06/2025. On 13/11/2026 the price of Janus Henderson Fund SICAV - Janus Henderson EUR AAA CLO Active Core UCITS ETF-USD Hedged Acc- Capitalisation was at its highest weekly close since March 2025, in pounds.

## Charges compared with similar funds

Ongoing charge of Janus Henderson Fund SICAV - Janus Henderson EUR AAA CLO Active Core UCITS ETF-USD Hedged Acc- Capitalisation 0.25% a year. Compared on 14/11/2026, 178 of the 427 other corporate and other bond funds charge more, 40 the same and 209 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.25%** per year (as of 13/11/2026)
- Stocks and shares ISA eligible: usually (check with your platform)
- SIPP eligible: usually (check with your provider)
- ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify.

## Questions people ask

**What is the ongoing charge of JCLU?**

The ongoing charge of JCLU is 0.25% a year — about £25 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Janus Henderson Fund SICAV - Janus Henderson EUR AAA CLO Active Core UCITS ETF-USD Hedged Acc- Capitalisation 0.25% a year. Compared on 14/11/2026, 178 of the 427 other corporate and other bond funds charge more, 40 the same and 209 less (share classes counted once).

**Is JCLU accumulating or distributing?**

JCLU is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

**What is the ISIN of JCLU?**

The ISIN of JCLU is LU2941599248. An ISIN identifies one exact share class of a fund; JCLU is its ticker on the London Stock Exchange.

**What were JCLU’s returns in each of the last five years?**

Calendar-year returns of JCLU in pounds (price, with income reinvested in the fund): 2026 to 13/11/2026 +5.8%. Past performance is not a guide to future returns.

**How has JCLU done after inflation?**

Over the year to 13/11/2026 JCLU’s total return was +3.7%, or 0.0% after UK CPIH inflation. Past performance is not a guide to future returns.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.