Janus Henderson Investors announced it has plans to reopen Class D shares of its U.S. mutual funds through the firm’s Direct Business Channel.
In July 2009, Class D Shares were closed to new investors, with certain limited exceptions. Since that change more than a decade ago, there have been several shifts in the marketplace and with distribution models, which have led to the firm’s decision to reopen the channel.
“We are excited to reopen our Direct Business Channel in July and enable new investors to participate in the benefits that can come with investing directly with Janus Henderson,” said Enrique Chang, Global Chief Investment Officer at Janus Henderson Investors.
The firm is also announcing the launch of the Janus Henderson Direct Business Channel Referral Program, which will provide existing investors the ability to offer a referral to friends and family.
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Through the Referral Program, Janus Services, a subsidiary of Janus, will fund the $100 initial investment for new investors that receive a referral from an existing investor. To receive this Referral Program benefit, the new investor must establish and maintain an automatic investment of at least $50 per month for two years.
The launch of the Janus Henderson Referral Program and the direct channel reopening are expected to go into effect on July 6, 2020.
Janus Henderson Group (JHG) is a leading global active asset manager dedicated to helping investors achieve long-term financial goals through a broad range of investment solutions, including equities, fixed income, quantitative equities, multi asset and alternative asset class strategies.
Janus Henderson has approximately $294.4 billion in assets under management (at 31 March 2020), more than 2,000 employees and offices in 27 cities worldwide. Headquartered in London, the company is listed on the New York Stock Exchange (NYSE) and the Australian Securities Exchange (ASX).
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