PrivilEdge – Janus Henderson Octanis

The PrivilEdge – Janus Henderson Octanis Fund shares the same investment philosophy, team, and process as the JH Absolute Return Fund, leveraging the expertise of co-managers Ben Wallace and Luke Newman. Both funds adopt a Core and Tactical allocation approach, blending long and short positions to capitalise on market opportunities. The Core allocation, driven by a bottom-up stock selection methodology, focuses on long-term returns, while the Tactical allocation seeks to exploit short-term volatility and technical market opportunities. However, Octanis differentiates itself with a more concentrated portfolio of 20 to 40 positions, primarily emphasising large and mega-cap firms and larger position sizes ranging from 2.5% to 7.5%. With a target gross exposure of 125% to 200% and volatility between 5% and 15%, the fund adopts a higher-risk, higher-reward profile. With this, the fund is run in a more directional manner with a net exposure ranging from -30% to +75%.