# Appendix 5: Delegates appointed by J.P. Morgan Bank (Ireland) plc (acting through its offices in New York) as at the date of this prospectus
| Market | Subcustodian | Cash Correspondent Bank |
| --- | --- | --- |
| Argentina | HSBC Bank Argentina S.A. Bouchard 557, 18th Floor Buenos Aires C1106ABJ Argentina | HSBC Bank Argentina S.A. Buenos Aires |
| Australia | JPMorgan Chase Bank N.A. Level 31, 101 Collins Street Melbourne 3000 Australia | Australia and New Zealand Banking Group Ltd. Melbourne JPMorgan Chase Bank N.A., Sydney Branch (for clients utilizing J.P. Morgan's domestic AUD solution)) Sydney |
| Austria | UniCredit Bank Austria AG Julius Tandler Platz - 3, Vienna A-1090 Austria | J.P. Morgan AG Frankfurt |
| Bahrain | HSBC Bank Middle East Limited Road No 2832 Al Seef 428 Bahrain | HSBC Bank Middle East Limited Al Seef |
| Bangladesh | Standard Chartered Bank Portlink Tower, Level-6, 67 Gulshan Avenue, Gulshan Dhaka 1212 Bangladesh | Standard Chartered Bank Dhaka |
| Belgium | BNP Paribas Securities Services S.C.A. (for clients contracting with J.P. Morgan (Suisse) SA and for all Belgian Bonds settling in the National Bank of Belgium (NBB)) Central Plaza Building, Rue de Loxum, 25, 7th Floor Brussels 1000 Belgium J.P. Morgan Bank Luxembourg S.A. (for clients contracting with this entity and JPMorgan Chase Bank, N.A.) European Bank & Business Centre, 6, route de Treves Senningerberg L-2633 Luxembourg J.P. Morgan Bank (Ireland) PLC (for clients contracting with this entity) 200 Capital Dock, 79 Sir John Rogerson’s Quay Dublin D02 RK57 Ireland | J.P. Morgan AG Frankfurt am Main |
| Bermuda | HSBC Bank Bermuda Limited 37 Front Street Hamilton HM 11 Bermuda | HSBC Bank Bermuda Limited Hamilton |

| Market | Subcustodian | Cash Correspondent Bank |
| --- | --- | --- |
| Botswana | Standard Chartered Bank Botswana Limited 5th Floor, Standard House, P.O. Box 496, Queens Road, The Mall Gaborone Botswana | Standard Chartered Bank Botswana Limited Gaborone |
| Brazil | J.P. Morgan S.A. DTVM Av. Brigadeiro Faria Lima, 3729, Floor 06 Sao Paulo SP 04538 905 Brazil | J.P. Morgan S.A. DTVM Sao Paulo |
| Bulgaria | Citibank Europe plc Serdika Offices, 10th Floor, 48 Sitnyakovo Blvd Sofia 1505 Bulgaria | ING Bank N.V. Sofia |
| Canada | CIBC Mellon Trust Company (Note: Clients please refer to your issued settlement instructions) 1 York Street, Suite 900 Toronto Ontario M5J 0B6 Canada Royal Bank of Canada (Note: Clients please refer to your issued settlement instructions) 155 Wellington Street West Toronto M5V 3L3 Canada | Canadian Imperial Bank of Commerce (For clients utilizing J.P. Morgan’s domestic CAD solution) Toronto Royal Bank of Canada Toronto |
| Chile | Banco Santander Chile Bandera 140 Santiago Chile | Banco Santander Chile Santiago |
| China A-Share | JPMorgan Chase Bank (China) Company Limited (Note: Clients please refer to your issued settlement instructions) 41st floor, Park Place, No. 1601, West Nanjing Road, Jingan District Shanghai The People's Republic of China HSBC Bank (China) Company Limited (Note: Clients please refer to your issued settlement instructions) 33/F, HSBC Building, Shanghai IFC, 8 Century Avenue, Pudong Shanghai 200120 The People's Republic of China | JPMorgan Chase Bank (China) Company Limited (Note: Clients please refer to your issued settlement instructions) J.P. Morgan affiliate Shanghai HSBC Bank (China) Company Limited (Note: Clients please refer to your issued settlement instructions) Shanghai |
| China B-Share | HSBC Bank (China) Company Limited 33/F, HSBC Building, Shanghai IFC, 8 Century Avenue, Pudong Shanghai 200120 The People's Republic of China | JPMorgan Chase Bank, N.A. JPMorgan Chase Bank, N.A. |
| China Connect | JPMorgan Chase Bank, N.A. 18th Floor Tower 2, The Quayside, 77 Hoi Bun Road, Kwun Tong Hong Kong | JPMorgan Chase Bank, N.A., Hong Kong |

| Market | Subcustodian | Cash Correspondent Bank |
| --- | --- | --- |
| Colombia | Cititrust Colombia S.A. Carrera 9 A #99-02, 3rd Floor Bogota Colombia | Cititrust Colombia S.A. Bogota |
| Costa Rica | Banco BCT S.A. 150 Metros Norte de la Catedral Metropolitana, Edificio BCT San Jose Costa Rica | Banco BCT S.A. San Jose |
| Croatia | Privredna banka Zagreb d.d. Radnicka cesta 50 Zagreb 10000 Croatia | Zagrebacka banka d.d. Zagreb |
| Cyprus | HSBC France Athens Branch 109-111, Messogion Ave. Athens 11526 Greece | J.P. Morgan AG Frankfurt am Main |
| Czech Republic | UniCredit Bank Czech Republic and Slovakia, a.s. BB Centrum - FILADELFIE, Zeletavska 1525-1, Prague 1 Prague 140 92 Czech Republic | eskoslovenská obchodní banka a.s. Prague |
| Denmark | Nordea Bank Abp Christiansbro, Strandgade 3, P.O. Box 850 Copenhagen DK-0900 Denmark | Nordea Bank Abp Copenhagen |
| Egypt | Citibank N.A., Egypt Boomerang Building, Plot 46, Zone J, 1st district, 5th Settlement, New Cairo 11511 Egypt | Citibank N.A., Egypt New Cairo |
| Estonia | Access to the market via Clearstream Banking S.A., Luxembourg in its capacity as International Central Securities Depository | J.P. Morgan AG Frankfurt am Main |
| Finland | Nordea Bank Abp Satamaradankatu 5 Helsinki FIN-00020 Nordea Finland | J.P. Morgan AG Frankfurt am Main |
| France | BNP Paribas Securities Services S.C.A. (for clients contracting with J.P. Morgan (Suisse) SA and for Physical Securities and Ordre de Mouvement (ODMs) held by clients) 3, Rue d'Antin Paris 75002 France J.P. Morgan Bank Luxembourg S.A. (for clients contracting with this entity and JPMorgan Chase Bank, N.A.) J.P. Morgan affiliate European Bank & Business Centre, 6, route de Treves | J.P. Morgan AG Frankfurt am Main |

| Market | Subcustodian | Cash Correspondent Bank |
| --- | --- | --- |
|  | Senningerberg L-2633 Luxembourg J.P. Morgan Bank (Ireland) PLC (for clients contracting with this entity) J.P. Morgan affiliate 200 Capital Dock, 79 Sir John Rogerson’s Quay Dublin D02 RK57 Ireland |  |
| Germany | J.P. Morgan AG (for domestic German custody clients only) Taunustor 1 (TaunusTurm) Frankfurt am Main 60310 Germany Deutsche Bank AG Alfred-Herrhausen-Allee 16-24 Eschborn D- 65760 Germany | J.P. Morgan AG Frankfurt am Main |
| Ghana | Standard Chartered Bank Ghana Limited Accra High Street, P.O. Box 768 Accra Ghana | Standard Chartered Bank Ghana Limited Accra |
| Greece | HSBC France Athens Branch 109-111, Messogion Ave. Athens 11526 Greece | J.P. Morgan AG Frankfurt am Main |
| Hong Kong | JPMorgan Chase Bank, N.A. 18th Floor Tower 2, The Quayside, 77 Hoi Bun Road, Kwun Tong Hong Kong | JPMorgan Chase Bank, N.A., Hong Kong |
| Hungary | Deutsche Bank AG Hold utca 27 Budapest H-1054 Hungary | UniCredit Bank Hungary Zrt. |
| Iceland | Islandsbanki hf. Kirkjusandur 2 Reykjavik IS-155 Iceland | Islandsbanki hf. Reykjavik |
| India | JPMorgan Chase Bank, N.A. 6th Floor, Paradigm B Wing, Mindspace, Malad (West) Mumbai 400 064 India | JPMorgan Chase Bank, N.A. Mumbai |
| Indonesia | PT Bank HSBC Indonesia WTC 3 Building - 8th floor Jl. Jenderal Sudirman Kav. 29-31 Jakarta 12920 Indonesia | PT Bank HSBC Indonesia Jakarta |
| Ireland | JPMorgan Chase Bank, N.A. 25 Bank Street Canary Wharf London E14 5JP United Kingdom | J.P. Morgan AG Frankfurt am Main |
| Israel | Bank Leumi le-Israel B.M. 35, Yehuda Halevi Street Tel Aviv 65136 Israel | Bank Leumi le-Israel B.M. Tel Aviv |

| Market | Subcustodian | Cash Correspondent Bank |
| --- | --- | --- |
| Italy | J.P. Morgan Bank (Ireland) PLC (for clients contracting with this entity. Clients contracting with J.P. Morgan Bank Luxembourg S.A. please refer to your issued settlement instructions) 200 Capital Dock, 79 Sir John Rogerson’s Quay Dublin D02 RK57 Ireland BNP Paribas Securities Services S.C.A. (for clients contracting with J.P. Morgan Chase Bank, N.A. and J.P. Morgan (Suisse) SA. Clients contracting with J.P. Morgan Bank Luxembourg S.A. please refer to your issued settlement instructions) Piazza Lina Bo Bardi 3 Milan 20124 Italy | J.P. Morgan AG Frankfurt am Main |
| Japan | Mizuho Bank Ltd. (Note: Clients please refer to your issued settlement instructions) 2-15-1, Konan, Minato-ku Tokyo 108-6009 Japan MUFG Bank, Ltd. (Note: Clients please refer to your issued settlement instructions) 1-3-2 Nihombashi Hongoku-cho, Chuo-ku Tokyo 103-0021 Japan | JPMorgan Chase Bank, N.A. Tokyo |
| Jordan | Standard Chartered Bank Shmeissani Branch, Al-Thaqafa Street, Building #2 P.O. Box 926190 Amman Jordan | Standard Chartered Bank Amman |
| Kazakhstan | JSC Citibank Kazakhstan Park Palace, Building A, Floor 2, 41 Kazybek Bi Almaty 050010 Kazakhstan | Subsidiary Bank Sberbank of Russia Joint Stock Company Almaty |
| Kenya | Standard Chartered Bank Kenya Limited Chiromo, 48 Westlands Road Nairobi 00100 Kenya | Standard Chartered Bank Kenya Limited Nairobi |
| Kuwait | HSBC Bank Middle East Limited Al Hamra Tower, Abdulaziz Al Sager Street Sharq Area Kuwait City Kuwait | HSBC Bank Middle East Limited Kuwait City |
| Latvia | Access to the market via Clearstream Banking S.A., Luxembourg in its capacity as International Central Securities Depository | J.P. Morgan AG Frankfurt am Main |
| Lithuania | Access to the market via Clearstream Banking S.A., Luxembourg in its capacity as International Central Securities Depository | J.P. Morgan AG Frankfurt am Main |
| Luxembourg | BNP Paribas Securities Services S.C.A. 60 Avenue John F. Kennedy Luxembourg L- 1855 | J.P. Morgan AG  J.P. Morgan affiliate Frankfurt am Main |

| Market | Subcustodian | Cash Correspondent Bank |
| --- | --- | --- |
|  | Luxembourg |  |
| Malawi | Standard Bank PLC Kaomba Centre, Cnr Glyn Jones Road & Victoria Avenue, P.O. Box 1111 Blantyre Malawi | Standard Bank PLC Blantyre |
| Malaysia | HSBC Bank Malaysia Berhad 2 Leboh Ampang, 12th Floor, South Tower Kuala Lumpur 50100 Malaysia | HSBC Bank Malaysia Berhad Kuala Lumpur |
| Mauritius | The Hongkong and Shanghai Banking Corporation Limited HSBC Centre, 18 Cybercity Ebene Mauritius | The Hongkong and Shanghai Banking Corporation Limited Ebene |
| Mexico | Banco Nacional de Mexico S.A. Act. Roberto Medellin No. 800 3er Piso Norte Colonia Santa Fe Mexico, D.F. 1210 Mexico | Banco Santander (Mexico) S.A. Ciudad de México, C.P. |
| Morocco | Société Générale Marocaine de Banques 55 Boulevard Abdelmoumen Casablanca 20100 Morocco | Attijariwafa Bank S.A. Casablanca |
| Namibia | Standard Bank Namibia Limited Erf 137, Standard Bank Centre, Chasie Street, Hill Top, Kleine Kuppe Windhoek Namibia | The Standard Bank of South Africa Limited Johannesburg |
| Netherlands | J.P. Morgan Bank Luxembourg S.A. (for clients contracting with this entity and JPMorgan Chase Bank, N.A.) European Bank & Business Centre, 6, route de Treves Senningerberg L-2633 Luxembourg BNP Paribas Securities Services S.C.A. (for clients contracting with J.P. Morgan (Suisse) SA) Herengracht 595 Amsterdam 1017 CE Netherlands J.P. Morgan Bank (Ireland) PLC (for clients contracting with this entity) 200 Capital Dock, 79 Sir John Rogerson’s Quay Dublin D02 RK57 Ireland | J.P. Morgan AG Frankfurt am Main |
| New Zealand | JPMorgan Chase Bank, N.A. Level 13, 2 Hunter Street Wellington 6011 New Zealand | JPMorgan Chase Bank, N.A. New Zealand Branch (for clients utilizing J.P. Morgan's domestic NZD solution) Wellington Westpac Banking Corporation Wellington |

| Market | Subcustodian | Cash Correspondent Bank |
| --- | --- | --- |
| Nigeria | Stanbic IBTC Bank Plc Plot 1712, Idejo Street Victoria Island Lagos Nigeria | Stanbic IBTC Bank Plc Lagos |
| Norway | Nordea Bank Abp Essendropsgate 7, P.O. Box 1166 Oslo NO-0107 Norway | Nordea Bank Abp Oslo |
| Oman | HSBC Bank Oman S.A.O.G. 2nd Floor Al Khuwair P.O. Box 1727 Seeb PC 111 Oman | HSBC Bank Oman S.A.O.G. Seeb |
| Pakistan | Standard Chartered Bank (Pakistan) Limited P.O. Box 4896, Ismail Ibrahim Chundrigar Road Karachi 74000 Pakistan | Standard Chartered Bank (Pakistan) Limited Karachi |
| Peru | Citibank del Perú S.A. Canaval y Moreryra 480 Piso 3, San Isidro San Isidro, L-27 L-27 Lima, Peru | Banco de Crédito del Perú Lima 012 |
| Philippines | The Hongkong and Shanghai Banking Corporation Limited 7/F HSBC Centre, 3058 Fifth Avenue West, Bonifacio Global City Taguig City 1634 Philippines | The Hongkong and Shanghai Banking Corporation Limited Taguig City |
| Poland | Bank Handlowy w. Warszawie S.A. ul. Senatorska 16 Warsaw 00-923 Poland | mBank S.A. Warsaw |
| Portugal | BNP Paribas Securities Services S.C.A. Avenida D.João II, Lote 1.18.01, Bloco B, 7º andar Lisbon 1998-028 Portugal | J.P. Morgan AG Frankfurt am Main |
| Qatar | HSBC Bank Middle East Limited Building 150, Airport Road Doha Qatar | The Commercial Bank (P.Q.S.C.) Doha |
| Romania | Citibank Europe plc 145 Calea Victoriei, 1st District Bucharest 10072 Hungary | ING Bank N.V. Bucharest |
| Russia | Commercial Bank “J.P. Morgan Bank International” (Limited Liability Company) 10, Butyrsky Val, White Square Business Centre, Floor 12 Moscow 125047 Russia | Sberbank of Russia Moscow JPMorgan Chase Bank, N.A. New York |

| Market | Subcustodian | Cash Correspondent Bank |
| --- | --- | --- |
| Saudi Arabia | J.P. Morgan Saudi Arabia Company (Note: Clients please refer to your issued settlement instructions) Al Faisaliah Tower, Level 8, P.O. Box 51907 Riyadh 11553 Saudi Arabia HSBC Saudi Arabia (Note: Clients please refer to your issued settlement instructions) 2/F HSBC Building, 7267 Olaya Street North, Al Murooj Riyadh 12283-2255 Saudi Arabia | JPMorgan Chase Bank, N.A. - Riyadh Branch Riyadh The Saudi British Bank Riyadh |
| Serbia | Unicredit Bank Srbija a.d. Rajiceva 27-29 Belgrade 11000 Serbia | Unicredit Bank Srbija a.d. Belgrade |
| Singapore | DBS Bank Ltd 10 Toh Guan Road, DBS Asia Gateway, Level 04-11 (4B) Singapore 608838 Singapore | Oversea-Chinese Banking Corporation Singapore |
| Slovak Republic | UniCredit Bank Czech Republic and Slovakia, a.s. Sancova 1/A Bratislava SK- 813 33 Slovak Republic | J.P. Morgan AG Frankfurt am Main |
| Slovenia | UniCredit Banka Slovenija d.d. Smartinska 140 Ljubljana SI-1000 Slovenia | J.P. Morgan AG Frankfurt am Main |
| South Africa | FirstRand Bank Limited 1 Mezzanine Floor, 3 First Place, Bank City Cnr Simmonds and Jeppe Streets Johannesburg 2001 South Africa | The Standard Bank of South Africa Limited Johannesburg |
| South Korea | Kookmin Bank Co. Ltd. (Note: Clients please refer to your issued settlement instructions) 84, Namdaemun-ro, Jung-gu Seoul 100-845 South Korea Standard Chartered Bank Korea Limited (Note: Clients please refer to your issued settlement instructions) 47 Jongro, Jongro-Gu Seoul 3160 South Korea | Kookmin Bank Co. Ltd. (Note: Clients please refer to your issued settlement instructions) Seoul Standard Chartered Bank Korea Limited (Note: Clients please refer to your issued settlement instructions) Seoul |
| Spain | Santander Securities Services, S.A. Parque Empresarial La Finca, Pozuelo de Alarcón Madrid 28223 Spain | J.P. Morgan AG Frankfurt am Main |
| Sri Lanka | The Hongkong and Shanghai Banking Corporation Limited 24 Sir Baron Jayatillaka Mawatha Colombo 1 Sri Lanka | The Hongkong and Shanghai Banking Corporation Limited Colombo |

| Market | Subcustodian | Cash Correspondent Bank |
| --- | --- | --- |
| Sweden | Nordea Bank Abp Hamngatan 10 Stockholm SE-105 71 Sweden | Svenska Handelsbanken Stockholm |
| Switzerland | UBS Switzerland AG 45 Bahnhofstrasse Zurich 8021 Switzerland | UBS Switzerland AG Zurich |
| Taiwan | JPMorgan Chase Bank, N.A. 8th Floor, Cathay Xin Yi Trading Building, No. 108, Section 5, Xin Yi Road Taipei 11047 Taiwan | JPMorgan Chase Bank, N.A. Taipei |
| Tanzania | Stanbic Bank Tanzania Limited Stanbic Centre, Corner Kinondoni and A.H. Mwinyi Roads, P.O. Box 72648 Dar es Salaam Tanzania | Stanbic Bank Tanzania Limited Dar es Salaam |
| Thailand | Standard Chartered Bank (Thai) Public Company Limited 14th Floor, Zone B, Sathorn Nakorn Tower, 90 North Sathorn Road Bangrak, Silom, Bangrak Bangkok 10500 Thailand | Standard Chartered Bank (Thai) Public Company Limited Bangkok |
| Tunisia | Union Internationale de Banques Societe Generale SA 10, Rue d'Egypte, Tunis Belvedere Tunis 1002 Tunisia | Banque Internationale Arabe de Tunisie S.A. Tunis |
| Turkey | Citibank A.S. Inkilap Mah.,Yilmaz Plaza, O. Faik Atakan Caddesi No. 3, Umraniye Istanbul 34768 Turkey | JPMorgan Chase Bank, N.A. Istanbul Branch Istanbul |
| Uganda | Standard Chartered Bank Uganda Limited 5 Speke Road, PO Box 7111 Kampala Uganda | Standard Chartered Bank Uganda Limited Kampala |
| Ukraine | Joint Stock Company "Citibank 16-G Dilova Street Kiev 03150 Ukraine " | JPMorgan Chase Bank, N.A. New York Joint Stock Company "Citibank" Kiev |
| United Arab Emirates | HSBC Bank Middle East Limited Emaar Square, Level 4, Building No. 5, P.O. Box 502601 Dubai United Arab Emirates | First Abu Dhabi Bank P.J.S.C Dubai JPMorgan Chase Bank, N.A. New York |
| United Kingdom | JPMorgan Chase Bank, N.A. 4 New York Plaza New York 10004 United States Deutsche Bank AG Depository and Clearing Centre | JPMorgan Chase Bank, N.A., London |

| Market | Subcustodian | Cash Correspondent Bank |
| --- | --- | --- |
|  | 10 Bishops Square London E1 6EG United Kingdom |  |
| United States | JPMorgan Chase Bank, N.A. 4 New York Plaza New York 10004 United States | JPMorgan Chase Bank, N.A. New York |
| Uruguay | Banco Itaú Uruguay S.A. Zabala 1463 Montevideo 11000 Uruguay | Banco Itaú Uruguay S.A. Montevideo |
| Vietnam | HSBC Bank (Vietnam) Ltd. 106 Nguyen Van Troi Street, Phu Nhuan District Ho Chi Minh City Vietnam | HSBC Bank (Vietnam) Ltd. Ho Chi Minh City |
| WAEMU (Benin, Burkina Faso, Guinea- Bissau, Ivory Coast, Mali, Niger, Senegal, Togo) | Standard Chartered Bank Côte d’Ivoire S.A. 23 Boulevard de la Republique 1 Abidjan 01 B.P. 1141 Ivory Coast | Standard Chartered Bank Côte d’Ivoire S.A. Abidjan |
| Zambia | Standard Chartered Bank Zambia Plc Standard Chartered House, Cairo Road P.O. Box 32238 Lusaka 10101 Zambia | Standard Chartered Bank Zambia Plc Lusaka |
| Zimbabwe | Stanbic Bank Zimbabwe Limited Stanbic Centre, 3rd Floor, 59 Samora Machel Avenue Harare Zimbabwe | Stanbic Bank Zimbabwe Limited Harare |


###### Global Supplement
The date of this Supplement is 30 June 2021.

###### Janus Henderson Capital Funds plc is a UCITS established as an umbrella investment company with segregated liability between Funds with variable capital incorporated in Ireland and regulated by the Central Bank.

###### This Supplement forms part of and should be read in conjunction with the latest Prospectus. The Prospectus may be revised or supplemented from time to time. All capitalised terms used in this Supplement and not otherwise defined herein shall have the meanings set forth in the Prospectus.
This Supplement contains a list of all Funds of the Company currently approved by the Central Bank, as follows:

##### EQUITY & ALLOCATION FUNDS
- Janus Henderson US Balanced 2026 Fund (“US Balanced 2026 Fund”);
- Janus Henderson Balanced Fund (“Balanced Fund”);
- Janus Henderson Emerging Markets Leaders Fund (“Emerging Markets Leaders Fund”)*;
- Janus Henderson Europe Fund (“Europe Fund”)*;
- Janus Henderson Global Adaptive Capital Appreciation Fund (“Global Adaptive Capital Appreciation Fund”);
- Janus Henderson Global Adaptive Capital Preservation Fund (“Global Adaptive Capital Preservation Fund”);
- Janus Henderson Global Adaptive Multi-Asset Fund (“Global Adaptive Multi-Asset Fund”);
- Janus Henderson Global Life Sciences Fund (“Global Life Sciences Fund”);
- Janus Henderson Global Research Fund (“Global Research Fund”);
- Janus Henderson Global Technology and Innovation Fund (“Global Technology and Innovation Fund”);
- Janus Henderson Opportunistic Alpha Fund (“Opportunistic Alpha Fund”);
- Janus Henderson US Research Fund (“US Research Fund”);
- Janus Henderson US Forty Fund (“US Forty Fund”);
- Janus Henderson US Venture Fund (“US Venture Fund”);
- Janus Henderson Global Value Fund (“Global Value Fund”)*;
- Janus Henderson US Strategic Value Fund (“US Strategic Value Fund”); INTECH SUB-ADVISED FUNDS
- Janus Henderson Intech All-World Minimum Variance Core Fund (“Intech All-World Minimum Variance Core Fund”);
- Janus Henderson Intech Emerging Markets Managed Volatility Fund (“Intech Emerging Markets Managed Volatility Fund”);
- Janus Henderson Intech European Core Fund (“Intech European Core Fund”);
- Janus Henderson Intech Global Absolute Return Fund (“Intech Global Absolute Return Fund”);
- Janus Henderson Intech Global All Country Low Volatility Fund (“Intech Global All Country Low Volatility Fund”);
- Janus Henderson Intech Global All Country Managed Volatility Fund (“Intech Global All Country Managed Volatility Fund”);
- Janus Henderson Intech Global Income Managed Volatility Fund (“Intech Global Income Managed Volatility Fund”)*;
- Janus Henderson Intech US Core Fund (“Intech US Core Fund”); ALTERNATIVE INVESTMENT FUNDS
- Janus Henderson Global Diversified Alternatives Fund (“Global Diversified Alternatives Fund”);
- Janus Henderson Global Real Estate Equity Income Fund (“Global Real Estate Fund”);


##### FIXED INCOME FUNDS
- Janus Henderson Absolute Return Income Fund (“Absolute Return Income Fund”);
- Janus Henderson Absolute Return Income Fund (EUR) (“Absolute Return Income Fund (EUR)”);
- Janus Henderson Flexible Income Fund (“Flexible Income Fund”);
- Janus Henderson Global Flexible Income Fund (“Global Flexible Income Fund”)*;
- Janus Henderson Fixed Maturity Bond Fund I (“Fixed Maturity Bond Fund I”);
- Janus Henderson Global High Yield Fund (“Global High Yield Fund”);
- Janus Henderson Global Investment Grade Bond Fund (“Global Investment Grade Bond Fund”);
- Janus Henderson Multi-Sector Income Fund (“Multi-Sector Income Fund”);
- Janus Henderson Absolute Return Income Opportunities Fund (“Absolute Return Income Opportunities Fund”);
- Janus Henderson High Yield Fund (“High Yield Fund”); and
- Janus Henderson US Short-Term Bond Fund (“US Short-Term Bond Fund”).

*these Funds are closed to new subscriptions (including exchanges into the Fund) and are in the process of being terminated

###### Supplement for the

###### Janus Henderson Balanced Fund
The date of this Supplement is 26 February 2021.

###### This Supplement contains information specific to the Janus Henderson Balanced Fund (the “Fund”), a sub-fund of Janus Henderson Capital Funds plc (the “Company”). The Company is a UCITS established as an umbrella investment company with segregated liability between Funds with variable capital incorporated in Ireland and regulated by the Central Bank.

###### This Supplement forms part of and should be read in conjunction with the latest Prospectus. The Prospectus may be revised or supplemented from time to time. All capitalised terms used in this Supplement and not otherwise defined herein shall have the meanings set forth in the Prospectus.

##### SUMMARY

###### The information set out under this heading is a summary of the principal features of the Fund, and should be read in conjunction with the full text of the Supplement.
| Classes of Shares | Details of the Classes of Shares are set out in the section below entitled “Classes of Shares”. |
| --- | --- |
| Investors should note that, as at the date of this Supplement, only certain Classes of Shares of the Fund are currently available for purchase. Furthermore, not all Classes of Shares are available in all jurisdictions and investors are requested to contact the relevant Distribution Agent for a list of Classes of Shares available to them. |
| Frequency of Subscriptions, Redemptions and Exchanges | Unless otherwise determined by the Directors and/or the Manager, subscriptions for and redemptions and exchanges of Shares may be made on any Business Day subject to the procedures described in the sections of the Prospectus entitled “How to Purchase Shares”, “How to Redeem Shares” and “How to Exchange or Transfer Shares”. |
| Minimum Subscriptions | The minimum initial and subsequent subscriptions applicable to each Class within the Fund are set out in the section entitled “How to purchase shares” in the Prospectus. |
| Suitability of Classes | Suitability of Classes and eligibility of investors for particular Classes are described in the section entitled “The Shares” in the Prospectus. |
| Base Currency | US Dollar |


##### INVESTMENT OBJECTIVE AND POLICIES
The Fund’s investment objective is long-term capital growth, consistent with preservation of capital and balanced by current income. It pursues its objective by investing 35%-65% of its net asset value in equities (also known as company shares), and 35%-65% of its net asset value in Debt Securities and loan participations. At least 80% of its net asset value is invested in US Companies and US Issuers. The aggregate amount of the Fund which may be invested in securities traded on the Developing Markets is 10% of the net asset value of the Fund. This Fund may invest up to 35% of its net asset value in Debt Securities rated below investment grade.
The Fund may employ investment techniques and instruments for investment purposes, such as trading in futures, options and swaps and other financial derivative instruments, subject to a limit of up to 10% of its net asset value and subject to the conditions and within the limits from time to time laid down by the Central Bank.
Performance target: To outperform the composite benchmark comprising (55% S&P 500® / 45% Bloomberg Barclays US Aggregate Bond (‘Balanced Index’)) by 1.5% per annum, before the deduction of charges, over any 5 year period.
The Fund is Actively Managed with reference to the composite index (55% S&P 500® /45% Bloomberg Barclays US Aggregate Bond (‘Balanced Index’)), which is broadly representative of the companies and bonds in which it may invest, as this forms the basis of the Fund's performance target. The Sub-Investment Adviser has a high degree of freedom to choose individual investments for the Fund. The Sub-Investment Adviser makes allocation decisions based upon a view of overall market risk and its fundamental security valuations across equity and fixed income markets. A dynamic approach to asset allocation in equities and Debt Securities seeks an optimal balance of asset class opportunities through the various market environments. The dynamic approach involves the Sub-Investment Adviser’s portfolio management team actively engaging in positioning the Fund’s portfolio to equities and fixed income rather than having a static allocation split between the two. Details of the Fund’s performance are available in the annual reports and semi-annual reports, marketing materials and in the KIID. There is no guarantee that the Fund’s performance will match or exceed that benchmark.
The equity element of the Fund is constructed by the Sub-Investment Adviser using a combination of core and opportunistic holdings. Core holdings are companies which are considered to be demonstrating organic revenue growth, sustainable earnings and cash flow. Opportunistic holdings are those which are considered as having emerging growth potential or to be undergoing transformational situations (e.g. new management teams). The portfolio of Debt Securities is constructed relative to the equity element in order to manage the overall volatility of the Fund. Debt Securities are selected following a bottom-up, fundamentally driven investment process. The Sub-Investment Adviser’s process follows analysis of companies and individual securities, through the examination of financial information, company visits and market research.

###### Due to its exposure to below investment grade securities, an investment in the Fund should not constitute a substantial proportion of an investment portfolio and may not be appropriate for all investors.
The Fund may invest in any of the types of transferable securities set forth above subject to the limits set out herein. The Fund may invest up to 20% of its net asset value in the securities of non-US issuers. Generally, such non-US investments will be traded on Regulated Markets that are not considered Developing Markets.
The Fund may invest up to 5% of its net asset value in the securities of other Eligible Collective Investment Schemes. Such investment includes investing in other Funds. However the Fund may not invest in another Fund which itself holds Shares in other Funds. Where the Fund invests in another Fund, the Fund may not charge an annual management and/or investment management fee in respect of the portion of its assets invested in the other Fund.
The Fund may invest significantly in equities, consistent with the percentage limits outlined herein, to the extent that the Sub-Investment Adviser believes that the relevant market environment favours profitable investing in such securities. Securities are generally selected by the Sub-Investment Adviser without regard to any defined industry sector or other similarly defined selection procedure and the Fund does not intend to specialise in any particular industry sector.
Realisation of income is a significant investment consideration for the Fund to the extent that it is invested in transferable securities referred to in this section of the Supplement.
The percentage of the Fund’s assets invested in equities will vary and, depending on market conditions as determined by the Sub-Investment Adviser, the Fund may hold ancillary liquid assets or short-term interest bearing securities in its portfolio, such as Government Securities or Debt Securities. The Fund may invest to a lesser degree in other types of securities including preference shares, Government Securities, Debt Securities, warrants and securities convertible into equities when the relevant Sub-Investment Adviser perceives an opportunity for capital growth from such securities. The Fund may invest up to 35% of its net asset value in Debt Securities or Government Securities rated below investment grade. The Fund may invest directly or indirectly (i.e. through depositary receipts including American Depositary Receipts, European Depositary Receipts and Global Depositary Receipts) in the relevant markets. The Fund may also invest up to 5% of its net asset value in zero coupon, pay-in-kind and Step Coupon Securities, and without limit in
Index/Structured Securities. Pay-in-kind bonds are bonds which may pay interest in the form of additional bonds of the same kind.
In investing in Debt Securities, there is no limit on the amount that may be invested by the Fund in mortgage and asset-backed securities issued or guaranteed by any OECD government, its agencies or instrumentalities or by private issuers, which may be rated below investment grade by the primary rating agencies subject to the overall limit on the Fund in investing in US issuers and non-US issuers. In addition, the Fund may also invest in any of the types of transferable securities, and participations in or assignments of floating rate mortgages or other commercial loans, to the extent and as set forth in this section of the Supplement.
The Sub-Investment Adviser generally takes a “bottom-up” approach to building portfolios. In other words, they seek to identify strong businesses with sustainable competitive advantages and improving returns on capital. The Fund follows an investment strategy in which companies are considered principally on their own fundamental qualitative and quantitative characteristics. Commonly referred to as stock picking or bottom-up investing, portfolios of fundamental-based investment funds are built one security at a time following intensive in-house research into each company. Areas of research focus can include the company's management, financials, competitive strengths and weaknesses, earnings growth prospects and numerous other metrics. This approach rests on a belief that some companies have inherent strengths for creating shareholder value over time, have superior prospects to their peer groups and should therefore outperform even in challenging industry and economic circumstances. The purpose of a fundamental investment approach is to identify and invest in such companies.
The Fund may invest in financial derivative instruments for efficient portfolio management purposes. The Fund’s investment in financial derivative instruments will be subject to the limits set out within the Fund’s investment policy and the conditions and limits from time to time laid down by the Central Bank. There will be circumstances in which the Fund will be leveraged in using financial derivative instruments. The Fund is permitted to invest up to 10% of its net asset value in financial derivative instruments for investment purposes. The maximum amount of leverage, when calculated using the commitment approach, which the Fund can create through the use of financial derivative instruments is 100% of the net asset value of the Fund. However, Shareholders should note that, given the nature of financial derivative instruments and the fact that such instruments may be traded on margin, a relatively small adverse price movement in the underlying of a given financial derivative instrument may result in immediate and substantial movements in the exposure a Fund to that financial derivative instrument. In the event that any of the financial derivative instruments related exposure limits are exceeded for reasons beyond the control of the Fund, the Fund will remedy such situation as a priority, taking due account of the interests of its Shareholders.

##### USE OF TEMPORARY DEFENSIVE MEASURES
In certain circumstances, on a temporary and exceptional basis, when the Investment Adviser or Sub- Investment Adviser deems it to be in the best interests of Shareholders, the Fund may not adhere to its investment policies as disclosed above. For further information, see "Use of temporary defensive measures" in the Prospectus.

##### PROFILE OF A TYPICAL INVESTOR
The Fund is available to a wide range of investors seeking access to a portfolio managed in accordance with a specific investment objective and policy.
A potential investor should choose the Class that best suits such investor’s needs. When choosing a Class, potential investors should consider the following:
- How much the investor plans to invest;
- How long the investor expects to own the Shares;
- The expenses paid in respect of each Class;
- Whether the investor qualifies for any reduction or waiver of sales charges; and
- The currency of the share class.


##### INVESTMENT RESTRICTIONS
The Fund’s investments will be limited to investments permitted by the UCITS Regulations and other applicable restrictions as set out in Appendix 4 to the Prospectus.

##### USE	OF	INVESTMENT	TECHNIQUES	AND	INSTRUMENTS	AND	FINANCIAL	DERIVATIVE INSTRUMENTS
Subject to the ability of the Fund to invest up to 10% of its net asset value in financial derivative instruments for investment purposes, as set out under “Investment Objective and Policies” above, the Sub-Investment Adviser may only employ investment techniques and instruments, such as trading in futures, options and swaps and other financial derivative instruments for efficient portfolio management (i.e. reduction of risk, reduction of costs, generation of additional capital or income for the Fund) and the Sub-Investment Adviser is required to comply with the conditions and limits from time to time laid down by the Central Bank. Further information is set out under “Use of Investment Techniques and Instruments and Financial Derivatives Instruments” and “Types and description of financial derivative instruments” in the Prospectus.
The primary method of calculation of global exposure for the Fund is the commitment approach method. However, the VaR model may be employed where there is a higher volume or more complex usage of derivative strategies or there is a change in the risk profile of the Fund.

##### SECURITIES FINANCING TRANSACTIONS REGULATION
As more particularly described under “Securities Financing Transactions Regulation” in the Prospectus, subject to the investment restrictions set out in Appendix 4 to the Prospectus and any investment restriction set out in the section of the Supplement entitled “Investment Objective and Policies”: (a) with respect to permitted investments in total return swaps, the Fund can invest a maximum of 10% of its Net Asset Value; and (b) the Fund can invest a maximum of 100% of its Net Asset Value in Securities Financing Transactions. Subject to the above limits, it is expected that the Fund will generally invest in the range of 0 - 20% of its Net Asset Value in total return swaps and Securities Financing Transactions.

##### RISK FACTORS AND SPECIAL CONSIDERATIONS
Investors’ attention is drawn to the risk factors and other special considerations which may affect the Fund as set out under “Risk factors and special considerations” in the Prospectus. This does not purport to be an exhaustive list of the risk factors relating to investment in the Fund and investors’ attention is drawn to the description of the instruments set out in the section entitled “Investment Objective and Policies”, above.

##### DISTRIBUTION POLICY
As more particularly described under “The Shares” in the Prospectus and in the section of the Supplement entitled “Classes of Shares”, Distributing Share Classes may differ in terms of their distribution frequency. Distributing Share Classes may distribute monthly, quarterly, semi-annually or annually as determined at the launch of the relevant Share Class. The distribution frequency of Share Classes are set out in the table below:
| Frequency of Distribution | Dates of Distribution Declaration |
| --- | --- |
| Accumulating Share Classes |
| Not applicable | Not applicable |
| Distributing Share Classes |
| Monthly | Monthly, normally on the fifteenth day of each month unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |

| Frequency of Distribution | Dates of Distribution Declaration |
| --- | --- |
| Quarterly | Quarterly, normally on 15 January, 15 April, 15 July and 15 October unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Semi-annually | Semi-annually, normally on 15 April and 15 October unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Annually | Annually, normally on 15 October unless it is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned date. |


##### TRADE CUT-OFF AND SETTLEMENT TIMES
Subscription orders for Shares received and accepted by or on behalf of the Transfer Agent or the Company and/or the Manager prior to the Trade Cut-Off Times on a Business Day specified in the tables below will be processed at the offering price determined on that Business Day. Subscription orders to subscribe for Shares received by or on behalf of the Transfer Agent or the Company and/or the Manager after the Trade Cut-Off Time on the relevant Business Day will be processed at the offering price determined on the next Business Day. If payment for subscription orders is not received by the relevant Settlement Time, a subscription may be cancelled or the Shareholder may be charged interest on the outstanding subscription monies at normal commercial rates. In such an event, the Distribution Agent or the Shareholder may be held liable for any loss to the Fund
Processing of redemption orders is subject to receipt and acceptance by or on behalf of the Transfer Agent or the Company and/or the Manager of a valid redemption order. Subject to the provisions set out under “Limitations on Redemptions” in the Prospectus, redemption orders received and accepted by or on behalf of the Transfer Agent or by the Company and/or the Manager prior to the Trade Cut-Off Time on a Business Day will be processed at the net asset value per Share determined on that Business Day.
| Subscription | Trade cut-off Time | Settlement Time |
| --- | --- | --- |
| Subscriptions (other than Class Z Shares) | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |
| Subscriptions made directly to the Transfer Agent by Qualifying Institutional Investors/Class Z Shares | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | 3:30pm, London time on T |
| Redemption | Trade cut-off Time | Settlement Time |
| All Redemptions | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |


##### THE SUB-INVESTMENT ADVISER
The Manager has appointed JCIL to be the Company’s investment adviser. As at the date of this Supplement, JCIL has delegated to JCM responsibility for providing discretionary investment management and advisory services in respect of the whole or part of the assets of the Fund.

##### FEES AND EXPENSES
Details of the fees and expenses attaching to an investment in a Fund (including initial sales charges, CDSCs, dilution adjustment, investment management fees and distribution fees) are set out in the section entitled “Fees and Expenses” in the Prospectus and a summary of which is set out below. The Fees and Expenses to Capital Share Classes may charge certain fees and expenses to capital rather than income.
| Fee Type | Class A Shares | Class B Shares | Class E Shares | Class G Shares | Class H Shares | Class I Shares | Class S Shares | Class V Shares | Class Z Shares |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Initial Sales Charge | Up to 5.00% of the amount subscribed | N/A | Up to 2.00% of the amount subscribed | N/A | N/A | Up to 2.00% of the amount subscribed | Up to 2.00% of the amount subscribed | N/A | N/A |
| CDSC < 1 year since purchase 1-2 years 2-3 years 3-4 years >4 years since purchase | N/A | 4% 3% 2% 1% 0% | N/A | N/A | N/A | N/A | N/A | 3% 2% 1% 0% - | N/A |
| Shareholder Service Fees | Up to 0.75% of net asset value | Up to 0.75% of net asset value | Up to 1.25% of net asset value | N/A | N/A | N/A | N/A | Up to 0.75% of net asset value | N/A |
| Distribution Fees | N/A | Up to 1.00% of net asset value | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investment Management Fee | Up to 1.00% of net asset value | Up to 1.00% of net asset value | Up to 1.00% of net asset value | Up to 0.80% of net asset value | Up to 0.80% of net asset value | Up to 0.80% of net asset value | Up to 0.80% of net asset value | Up to 1.00% of net asset value | See Prospectus |
| Performance Fee | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Fee and Expenses Cap | 2.25% of net asset value | 3.25% of net asset value | 2.75% of net asset value | 1.05% of net asset value | 1.05% of net asset value | 1.05% of net asset value | 1.05% of net asset value | 2.25% of net asset value | See Prospectus |


##### DILUTION ADJUSTMENT
A dilution adjustment may be applied to the Net Asset Value per Share of the Fund on a dealing day (i) if net subscriptions or redemptions exceed a pre-determined threshold relating to the Fund’s Net Asset Value (where such a threshold has been pre-determined for the Fund from time to time by the Manager) or (ii) in any other cases where there are net subscriptions or redemptions in the Fund and the Manager or its delegate reasonably believes that imposing a dilution adjustment is in the best interests of existing Shareholders.

##### CLASSES OF SHARES
As more particularly described in the Prospectus under “The Shares”, the Company offers 11 Classes of Shares with various distribution policies, distribution frequencies, hedging policies and currencies in each Class. The name of each Class of Shares offered by the Company enables Shareholders to identify the
distribution policy, distribution frequency, hedging policy and currency of a Class by reference to sub- classifications. The table below sets out details of the Classes of Shares in the Fund approved by the Central Bank, and the Classes which are available for purchase as at the date of this Supplement.
Where a Class of Shares in any Fund has not previously been issued or is being re-offered, then initial subscriptions for such Shares will be accepted: (i) on such date(s) to be determined by the Manager and notified in advance to the Central Bank; and (ii) the initial offer price and re-offer price as set out in the Prospectus under “Initial offers of share classes”. Alternatively, in the case of a Fund which already has one or more Classes of Shares in issue, the initial offer price per Share for subsequent Classes of Shares issued in respect of that Fund may be the net asset value per Share of such other Class of Shares of that Fund as may be determined by the Manager and notified in advance to the Central Bank and potential Shareholders.
| SHARE CLASSES approved by the Central Bank as at the date of this Supplement |
| --- |
| US Dollar Classes | Euro Classes | Pound Sterling Classes | Hong Kong Dollar Classes | Australia Dollar Classes | Swiss Franc Classes | Canadian Dollar Classes | Renminbi (CNH) Classes | Swedish Kronor Classes | New Zealand dollar Classes | Singapore Dollar Classes |
| A2 USD B2 USD E2 USD H2 USD G2 USD I2 USD S2 USD V2 UDD Z2 USD A5m USD E5 m USD H1 m USD A3 USD A3s USD A3q USD A3m USD A4q USD A4m USD I1 USD I3 USD I3s USD I3q USD I3m USD I4q USD I4m USD I5m USD H1 USD H3 USD H3s USD H3q USD H3m USD H4q USD H4m USD H5m USD G1 USD G3 USD G3s USD G3q USD G3m USD G4q USD G4m USD G5m USD E1 USD E3 USD E3s USD E3q USD E3m USD E4q USD E4m USD | A2 HEUR A2 EUR B2 HEUR E2 HEUR H2 HEUR G2 HEUR I2 HEUR S2 HEUR V2 HEUR Z2 EUR A5m HEUR E5m HEUR I1m HEUR H1 m HEUR A3 HEUR A3s HEUR A3q HEUR A3m HEUR A4q HEUR A4m HEUR I1 HEUR I3 HEUR I3s HEUR I3q HEUR I3m HEUR I4q HEUR I4m HEUR I5m HEUR H1 HEUR H3 HEUR H3s HEUR H3q HEUR H3m HEUR H4q HEUR H4m HEUR H5m HEUR G1 HEUR G3 HEUR G3s HEUR G3q HEUR G3m HEUR G4q HEUR G4m HEUR G5m HEUR E1 HEUR E3 HEUR E3s HEUR E3q HEUR E3m HEUR E4q HEUR E4m HEUR A3m EUR I2 EUR I3m EUR H2 EUR H3m EUR G2 EUR G3m EUR | I2 HGBP I2 GBP S2 HGBP H2 HGBP H2 GBP G2 HGBP G2 GBP Z2 GBP Z2 HGBP I1 m HGBP H1 HGBP H3 HGBP H3s HGBP H3q HGBP H3m HGBP H4q HGBP H4m HGBP H5m HGBP G1 HGBP G3 HGBP G3s HGBP G3q HGBP G3m HGBP G4q HGBP G4m HGBP G5m HGBP I1 HGBP I3 HGBP I3s HGBP I3q HGBP I3m HGBP I4q HGBP I4m HGBP I5m HGBP | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD H2 HKD G2 HKD A5m HKD V5m HKD A3 HKD A3s HKD A3q HKD A3m HKD A4q HKD A4m HKD I1 HKD I3 HKD I3s HKD I3q HKD I3m HKD I4q HKD I4m HKD I5m HKD H1 HKD H3 HKD H3s HKD H3q HKD H3m HKD H4q HKD H4m HKD H5m HKD G1 HKD G3 HKD G3s HKD G3q HKD G3m HKD G4q HKD G4m HKD G5m HKD E1 HKD E3 HKD E3s HKD E3q HKD E3m HKD E4q HKD E4m HKD E5m HKD | A2 HAUD I2 HAUD S2 HAUD H2 HAUD G2 HAUD V2 HAUD Z2 AUD A5 m HAUD V5 m HAUD A3 HAUD A3s HAUD A3q HAUD A3m HAUD A4q HAUD A4m HAUD I1 HAUD I3 HAUD I3s HAUD I3q HAUD I3m HAUD I4q HAUD I4m HAUD I5m HAUD H1 HAUD H3 HAUD H3s HAUD H3q HAUD H3m HAUD H4q HAUD H4m HAUD H5m HAUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF G2 HCHF Z2 CHF A3 HCHF A3s HCHF A3q HCHF A3m HCHF A4q HCHF A4m HCHF A5m HCHF I1 HCHF I3 HCHF I3s HCHF I3q HCHF I3m HCHF I4q HCHF I4m HCHF I5m HCHF H1 HCHF H3 HCHF H3s HCHF H3q HCHF H3m HCHF H4q HCHF H4m HCHF H5m HCHF G1 HCHF G3 HCHF G3s HCHF G3q HCHF G3m HCHF G4q HCHF G4m HCHF G5m HCHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH VC2 HCNH Z2 CNH A5m HCNH A3 HCNH A3s HCNH A3q HCNH A3m HCNH A4q HCNH A4m HCNH A5m HCNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 HNZD | A2 SGD A2 HSGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD A5m HSGD A5m SGD A3 HSGD A3s HSGD A3q HSGD A3m HSGD A4q HSGD A4m HSGD A3 SGD A3s SGD A3q SGD A3m SGD A4q SGD A4m SGD I1 HSGD I3 HSGD I3s HSGD I3q HSGD I3m HSGD I4q HSGD I4m HSGD I5m HSGD I1 SGD I3 SGD I3s SGD I3q SGD I3m SGD I4q SGD I4m SGD I5m SGD |


###### Supplement for the

###### Janus Henderson US Balanced 2026 Fund
The date of this Supplement is 26 February 2021.

###### This Supplement contains information specific to the Janus Henderson US Balanced 2026 Fund (the “Fund”), a sub-fund of Janus Henderson Capital Funds plc (the “Company”). The Company is a UCITS established as an umbrella investment company with segregated liability between Funds with variable capital incorporated in Ireland and regulated by the Central Bank.

###### This Supplement forms part of and should be read in conjunction with the latest Prospectus. The Prospectus may be revised or supplemented from time to time. All capitalised terms used in this Supplement and not otherwise defined herein shall have the meanings set forth in the Prospectus.

##### SUMMARY

###### The information set out under this heading is a summary of the principal features of the Fund, and should be read in conjunction with the full text of the Supplement.
| Classes of Shares | This Fund is closed to new subscriptions (including exchanges into the Fund). |
| --- | --- |
| Frequency of Subscriptions, Redemptions and Exchanges | Unless otherwise determined by the Directors and/or the Manager, redemptions of Shares may be made on any Business Day subject to the procedures described in the sections of the Prospectus entitled “How to Redeem Shares”. |
| Minimum Subscriptions | This Fund is closed to new subscriptions (including exchanges into the Fund). |
| Suitability of Classes | This Fund is closed to new subscriptions (including exchanges into the Fund). |
| Base Currency | US Dollar |


##### INVESTMENT OBJECTIVE AND POLICIES
The Fund’s investment objective is l is total return (income and capital growth), over the 7 year term. It pursues its objective by investing 55% - 75% of its net asset value in Debt Securities and 25% - 45% of its net asset value in equities (also known as company shares). At least 75% of its net asset value is invested in US companies and US issuers and loan participations. This Fund may invest up to 25% of its net asset value in Debt Securities rated below investment grade. The aggregate amount of the Fund which may be invested in securities traded on the Developing Markets is 10% of the net asset value. The Fund may employ investment techniques and instruments for investment purposes, such as trading in futures, options and swaps and other financial derivative instruments, subject to a limit of up to 10% of its net asset value and subject to the conditions and within the limits from time to time laid down by the Central Bank.
Performance Target: To deliver 2.5% per annum income (based upon the initial subscription value) and capital growth, before the deduction of fees and expenses, to 18 November 2026 (“Maturity”). The income amount or capital growth at Maturity is not guaranteed.
The Fund is Actively Managed without reference to a benchmark. The Sub-Investment Adviser has a high degree of freedom to choose individual investments for the Fund. The Sub-Investment Adviser makes allocation decisions based upon a view of overall market risk and its fundamental security valuations across equity and fixed income markets. A dynamic approach to asset allocation in equities and Debt Securities seeks an optimal balance of asset class opportunities through the various market environments. The dynamic
approach involves the Sub-Investment Adviser’s portfolio management team actively engaging in positioning the Fund’s portfolio to equities and fixed income rather than having a static allocation split between the two.
The equity element of the Fund is constructed by the Sub-Investment Adviser using a combination of core and opportunistic holdings. Core holdings are companies which are considered to be demonstrating organic revenue growth, sustainable earnings and cash flow. Opportunistic holdings are those which are considered as having emerging growth potential or to be undergoing transformational situations (e.g. new management teams). The portfolio of Debt Securities is constructed relative to the equity element in order to manage the overall volatility of the Fund. Debt Securities are selected following a bottom-up, fundamentally driven investment process. The Sub-Investment Advisers process follows analysis of companies and individual securities, through the examination of financial information, company visits and market research.
Following the closure of the initial offer period, the Fund will no longer be open to subscriptions and/or transfers into the Fund.
The last Net Asset Value per Share will be calculated on 18 November 2026 and proceeds will be returned to Shareholders no later than 2 December 2026. Approaching Maturity the Fund may invest in money market instruments, cash and cash equivalent investments
The Fund may invest in any of the types of transferable securities set forth above subject to the limits set out herein. The Fund may invest up to 20% of its net asset value in the securities of non-US issuers. Generally, such non-US investments will be traded on Regulated Markets that are not considered Developing Markets.
The Fund may invest up to 5% of its net asset value in the securities of other Eligible Collective Investment Schemes. Such investment includes investing in other Funds. However the Fund may not invest in another Fund which itself holds Shares in other Funds. Where the Fund invests in another Fund, the Fund may not charge an annual management and/or investment management fee in respect of the portion of its assets invested in the other Fund.
The Fund may invest significantly in equities, consistent with the percentage limits outlined herein, to the extent that the Sub-Investment Adviser believes that the relevant market environment favours profitable investing in such securities. Securities are generally selected by the Sub-Investment Adviser without regard to any defined industry sector or other similarly defined selection procedure and the Fund does not intend to specialise in any particular industry sector.
Realisation of income is a significant investment consideration for the Fund to the extent that it is invested in transferable securities referred to in this section of the Supplement.
The percentage of the Fund’s assets invested in equities will vary and, depending on market conditions as determined by the Sub-Investment Adviser, the Fund may hold ancillary liquid assets or short-term interest bearing securities in its portfolio, such as Government Securities or Debt Securities. The Fund may invest to a lesser degree in other types of securities including preference shares, Government Securities, Debt Securities, warrants and securities convertible into equities when the relevant Sub-Investment Adviser perceives an opportunity for capital growth from such securities. The Fund may invest up to 25% of its net asset value in Debt Securities or Government Securities rated below investment grade. The Fund may invest directly or indirectly (i.e. through depositary receipts including American Depositary Receipts, European Depositary Receipts and Global Depositary Receipts) in the relevant markets. The Fund may also invest up to 5% of its net asset value in zero coupon, pay-in-kind and Step Coupon Securities, and without limit in Index/Structured Securities. Pay-in-kind bonds are bonds which may pay interest in the form of additional bonds of the same kind.
In investing in Debt Securities, there is no limit on the amount that may be invested by the Fund in mortgage and asset-backed securities issued or guaranteed by any OECD government, its agencies or instrumentalities or by private issuers, which may be rated below investment grade by the primary rating agencies subject to the overall limit on the Fund in investing in US issuers and non-US issuers. In addition, the Fund may also invest in any of the types of transferable securities, and participations in or assignments of floating rate mortgages or other commercial loans, to the extent and as set forth in this section of the Supplement.
The Sub-Investment Adviser generally takes a “bottom-up” approach to building portfolios. In other words, they seek to identify strong businesses with sustainable competitive advantages and improving returns on capital. The Fund follows an investment strategy in which companies are considered principally on their own fundamental qualitative and quantitative characteristics. Commonly referred to as stock picking or bottom-up investing, portfolios of fundamental-based investment funds are built one security at a time following intensive in-house research into each company. Areas of research focus can include the company's management, financials, competitive strengths and weaknesses, earnings growth prospects and numerous other metrics. This approach rests on a belief that some companies have inherent strengths for creating shareholder value over time, have superior prospects to their peer groups and should therefore outperform even in challenging industry and economic circumstances. The purpose of a fundamental investment approach is to identify and invest in such companies.
The Fund may invest in financial derivative instruments for efficient portfolio management purposes. The Fund’s investment in financial derivative instruments will be subject to the limits set out within the Fund’s investment policy and the conditions and limits from time to time laid down by the Central Bank. There will be circumstances in which the Fund will be leveraged in using financial derivative instruments. The Fund is permitted to invest up to 10% of its net asset value in financial derivative instruments for investment purposes. The maximum amount of leverage, when calculated using the commitment approach, which the Fund can create through the use of financial derivative instruments is 100% of the net asset value of the Fund. However, Shareholders should note that, given the nature of financial derivative instruments and the fact that such instruments may be traded on margin, a relatively small adverse price movement in the underlying of a given financial derivative instrument may result in immediate and substantial movements in the exposure a Fund to that financial derivative instrument. In the event that any of the financial derivative instruments related exposure limits are exceeded for reasons beyond the control of the Fund, the Fund will remedy such situation as a priority, taking due account of the interests of its Shareholders.

##### USE OF TEMPORARY DEFENSIVE MEASURES
In certain circumstances, on a temporary and exceptional basis, when the Investment Adviser or Sub- Investment Adviser deems it to be in the best interests of Shareholders, the Fund may not adhere to its investment policies as disclosed above. For further information, see "Use of temporary defensive measures" in the Prospectus.

##### PROFILE OF A TYPICAL INVESTOR
The Fund is available to a wide range of investors seeking access to a portfolio managed in accordance with a specific investment objective and policy.
A potential investor should choose the Class that best suits such investor’s needs. When choosing a Class, potential investors should consider the following:
- How much the investor plans to invest;
- How long the investor expects to own the Shares;
- The expenses paid in respect of each Class;
- Whether the investor qualifies for any reduction or waiver of sales charges; and
- The currency of the share class.


##### INVESTMENT RESTRICTIONS
The Fund’s investments will be limited to investments permitted by the UCITS Regulations and other applicable restrictions as set out in Appendix 4 to the Prospectus.

##### USE	OF	INVESTMENT	TECHNIQUES	AND	INSTRUMENTS	AND	FINANCIAL	DERIVATIVE INSTRUMENTS
Subject to the ability of the Fund to invest up to 10% of its net asset value in financial derivative instruments for investment purposes, as set out under “Investment Objective and Policies” above, the Sub-Investment Adviser may only employ investment techniques and instruments, such as trading in futures, options and swaps and other financial derivative instruments for efficient portfolio management (i.e. reduction of risk,
reduction of costs, generation of additional capital or income for the Fund) and the Sub-Investment Adviser is required to comply with the conditions and limits from time to time laid down by the Central Bank. Further information is set out under “Use of Investment Techniques and Instruments and Financial Derivatives Instruments” and “Types and description of financial derivative instruments” in the Prospectus.
The primary method of calculation of global exposure for the Fund is the commitment approach method. However, the VaR model may be employed where there is a higher volume or more complex usage of derivative strategies or there is a change in the risk profile of the Fund.

##### SECURITIES FINANCING TRANSACTIONS REGULATION
As more particularly described under “Securities Financing Transactions Regulation” in the Prospectus, subject to the investment restrictions set out in Appendix 4 to the Prospectus and any investment restriction set out in the section of the Supplement entitled “Investment Objective and Policies”: (a) with respect to permitted investments in total return swaps, the Fund can invest a maximum of 10% of its Net Asset Value; and (b) the Fund can invest a maximum of 100% of its Net Asset Value in Securities Financing Transactions. Subject to the above limits, it is expected that the Fund will generally invest in the range of 0 - 20% if its Net Asset Value in total return swaps and Securities Financing Transactions.

##### RISK FACTORS AND SPECIAL CONSIDERATIONS
Investors’ attention is drawn to the risk factors and other special considerations which may affect the Fund as set out under “Risk factors and special considerations” in the Prospectus. This does not purport to be an exhaustive list of the risk factors relating to investment in the Fund and investors’ attention is drawn to the description of the instruments set out in the section entitled “Investment Objective and Policies”, above.

##### DISTRIBUTION POLICY
As more particularly described under “The Shares” in the Prospectus and in the section of the Supplement entitled “Classes of Shares”, Distributing Share Classes may differ in terms of their distribution frequency. Distributing Share Classes may distribute monthly, quarterly, semi-annually or annually as determined at the launch of the relevant Share Class. The distribution frequency of Share Classes are set out in the table below:
| Frequency of Distribution | Dates of Distribution Declaration |
| --- | --- |
| Accumulating Share Classes |
| Not applicable | Not applicable |
| Distributing Share Classes |
| Annually | Annually, normally on 18 November unless it is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned date. |


##### TRADE CUT-OFF AND SETTLEMENT TIMES
Subscription orders for Shares received and accepted by or on behalf of the Transfer Agent or the Company and/or the Manager prior to the Trade Cut-Off Times on a Business Day specified in the tables below will be processed at the offering price determined on that Business Day. Subscription orders to subscribe for Shares received by or on behalf of the Transfer Agent or the Company and/or the Manager after the Trade Cut-Off Time on the relevant Business Day will be processed at the offering price determined on the next Business Day. If payment for subscription orders is not received by the relevant Settlement Time, a subscription may be cancelled or the Shareholder may be charged interest on the outstanding subscription monies at normal
commercial rates. In such an event, the Distribution Agent or the Shareholder may be held liable for any loss to the Fund
Processing of redemption orders is subject to receipt and acceptance by or on behalf of the Transfer Agent or the Company and/or the Manager of a valid redemption order. Subject to the provisions set out under “Limitations on Redemptions” in the Prospectus, redemption orders received and accepted by or on behalf of the Transfer Agent or by the Company and/or the Manager prior to the Trade Cut-Off Time on a Business Day will be processed at the net asset value per Share determined on that Business Day.
| Subscription | Trade cut-off Time | Settlement Time |
| --- | --- | --- |
| This Fund is closed to new subscriptions (including exchanges into the Fund) |
| Redemption | Trade cut-off Time | Settlement Time |
| All Redemptions | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |


##### THE SUB-INVESTMENT ADVISER
The Manager has appointed JCIL to be the Company’s investment adviser. As at the date of this Supplement, JCIL has delegated to JCM responsibility for providing discretionary investment management and advisory services in respect of the whole or part of the assets of the Fund.

##### FEES AND EXPENSES
Details of the fees and expenses attaching to an investment in a Fund (including initial sales charges, CDSCs, dilution adjustment, investment management fees and distribution fees) are set out in the section entitled “Fees and Expenses” in the Prospectus and a summary of which is set out below. The Fees and Expenses to Capital Share Classes may charge certain fees and expenses to capital rather than income.
| Fee Type | Class Y Shares |
| --- | --- |
| Initial Sales Charge | N/A |
| Share Transaction Fee 18 November 2019 – 18 November 2021 19 November 2021 – 18 November 2023 19 November 2023 – 18 November 2025 19 November 2025 – 18 October 2026 19 October 2026 | 2.00% 1.50% 1.00% 0.50% 0% |
| Placement Fee | 2.00% of the amount invested |
| Investment Management Fee | Up to 0.80% of net asset value |
| Performance Fee | N/A |
| Fee and Expenses Cap | 1.80% of net asset value |


##### DILUTION ADJUSTMENT
A dilution adjustment may be applied to the Net Asset Value per Share of the Fund on a dealing day (i) if net subscriptions or redemptions exceed a pre-determined threshold relating to the Fund’s Net Asset Value (where such a threshold has been pre-determined for the Fund from time to time by the Manager) or (ii) in any other
cases where there are net subscriptions or redemptions in the Fund and the Manager or its delegate reasonably believes that imposing a dilution adjustment is in the best interests of existing Shareholders.

##### CLASSES OF SHARES
As more particularly described in the Prospectus under “The Shares”, the Company offers 11 Classes of Shares with various distribution policies, distribution frequencies, hedging policies and currencies in each Class. The name of each Class of Shares offered by the Company enables Shareholders to identify the distribution policy, distribution frequency, hedging policy and currency of a Class by reference to sub- classifications. The table below sets out details of the Classes of Shares in the Fund approved by the Central Bank, and the Classes which are available for purchase as at the date of this Supplement.
Where a Class of Shares in any Fund has not previously been issued or is being re-offered, then initial subscriptions for such Shares will be accepted: (i) on such date(s) to be determined by the Manager and notified in advance to the Central Bank; and (ii) the initial offer price and re-offer price as set out in the Prospectus under “Initial offers of share classes”. Alternatively, in the case of a Fund which already has one or more Classes of Shares in issue, the initial offer price per Share for subsequent Classes of Shares issued in respect of that Fund may be the net asset value per Share of such other Class of Shares of that Fund as may be determined by the Manager and notified in advance to the Central Bank and potential Shareholders.
| SHARE CLASSES approved by the Central Bank as at the date of this Supplement |
| --- |
| US Dollar Classes | Euro Classes | Pound Sterling Classes | Hong Kong Dollar Classes | Australia Dollar Classes | Swiss Franc Classes | Canadian Dollar Classes | Renminbi (CNH) Classes | Swedish Kronor Classes | New Zealand dollar Classes | Singapore Dollar Classes |
| N/A | Y2 HEUR Y4 HEUR | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |


###### Supplement for the

###### Janus Henderson Emerging Markets Leaders Fund1
The date of this Supplement is 26 February 2021.

###### This Supplement contains information specific to the Janus Henderson Emerging Markets Leaders Fund (the “Fund”), a sub-fund of Janus Henderson Capital Funds plc (the “Company”). The Company is a UCITS established as an umbrella investment company with segregated liability between Funds with variable capital incorporated in Ireland and regulated by the Central Bank.

###### This Supplement forms part of and should be read in conjunction with the latest Prospectus. The Prospectus may be revised or supplemented from time to time. All capitalised terms used in this Supplement and not otherwise defined herein shall have the meanings set forth in the Prospectus.

##### SUMMARY

###### The information set out under this heading is a summary of the principal features of the Fund, and should be read in conjunction with the full text of the Supplement.
| Classes of Shares | This Fund is closed to new subscriptions (including exchanges into the Fund), and is in the process of being terminated. |
| --- | --- |
| Not applicable. |
| Frequency of Subscriptions, Redemptions and Exchanges | Not applicable. |
| Minimum Subscriptions | Not applicable. |
| Suitability of Classes | Not applicable. |
| Base Currency | US Dollar |


##### INVESTMENT OBJECTIVE AND POLICIES
The Fund’s investment objective is long-term growth of capital. Under normal circumstances, the Fund seeks to achieve its objective by investing principally in equity securities issued by companies incorporated or having their principal business activities in one or more Developing Markets (including China) or companies which derive a significant proportion of their revenues or profits from one or more Developing Markets or have a significant portion of their assets in one or more Developing Markets. Due to its exposure to Developing Markets, an investment in the Fund should not constitute a substantial proportion of an investment portfolio and may not be appropriate for all investors.
The Fund may invest, without limit, in equity securities or employ investment techniques and instruments (as more particularly described below) which have exposure to the Chinese market. The Fund may invest directly in China “B” shares. The Fund may have exposure to China “A” shares indirectly via investments in (i) other collective investment schemes that invest primarily in China “A” shares; (ii) other financial instruments, such as structured notes, participation notes, equity-linked notes; and (iii) financial derivative instruments, such as trading in futures, options and swaps, where the underlying assets consist of securities issued by companies quoted on Regulated Markets in China and/or in unlisted securities of Chinese companies to the extent permitted by the UCITS Regulations as set out in Appendix 4 of the Prospectus, and/or the performance of which is linked to the performance of securities issued by companies quoted on Regulated Markets in China
1 This Fund is closed to new subscriptions (including exchanges into the Fund), and is in the process of being terminated.
and/or in unlisted securities of Chinese companies to the extent permitted by the UCITS Regulations as set out in Appendix 4 of the Prospectus. The Fund may also invest and have direct access to certain eligible China A-Shares via the Shanghai-Hong Kong Stock Connect. The Fund will limit its exposure to China “A” shares and China “B” shares in the aggregate to no more than 25% of its net asset value. Only participation notes and structured notes which are unleveraged, securitised and capable of free sale and transfer to other investors and which are purchased through recognised regulated dealers are deemed to be transferable securities which are traded on Regulated Markets. Please see the “Risk Factors and Special Considerations” section in the Prospectus for a description of certain investment risks specifically in connection with investing in China and investing through the Shanghai-Hong Kong Stock Connect.
The Fund may employ investment techniques and instruments, such as trading in futures, options and swaps and other derivative instruments for efficient portfolio management (i.e. reduction of risk, reduction of costs, generation of additional capital or income for the Fund) or for investment purposes as described in the “Types and Description of Financial Derivative Instruments” section of the Prospectus, subject to the conditions and within the limits from time to time laid down by the Central Bank to gain or hedge exposure to the investments contemplated in these investment policies.
The Fund may invest up to 5% of its net asset value in the securities of other Eligible Collective Investment Schemes. Such investment includes investing in other Funds. However the Fund may not invest in another Fund which itself holds Shares in other Funds. Where the Fund invests in another Fund, the Fund may not charge an annual management and/or investment management fee in respect of the portion of its assets invested in the other Fund.
Realisation of income is not a significant investment consideration for the Fund.
The percentage of the Fund’s assets invested in equities will vary and, depending on market conditions as determined by the Sub-Investment Adviser, the Fund may hold ancillary liquid assets or short-term interest bearing securities in its portfolio, such as Government Securities or Debt Securities. The Fund may invest to a lesser degree in other types of securities including preference shares, Government Securities, Debt Securities, warrants and securities convertible equities stock when the Sub-Investment Adviser perceives an opportunity for capital growth from such securities. The Fund may invest up to 15% of its net asset value in Debt Securities (including high yield/high risk bonds) or Government Securities rated below investment grade. The Fund may invest directly or indirectly (i.e. through depositary receipts including American Depositary Receipts, European Depositary Receipts and Global Depositary Receipts) in the relevant markets. The Fund may also invest up to 5% of its net asset value in zero coupon, pay-in-kind and Step Coupon Securities, and without limit in Index/Structured Securities. Pay-in-kind bonds are bonds which may pay interest in the form of additional bonds of the same kind.
To the extent permitted to invest in such securities pursuant to its investment policies set forth herein, the Fund will not invest more than 10% of its net asset value in securities issued or guaranteed by a single country (including its government, a public or local authority of that country) with a credit rating below Investment Grade.
The Fund may invest up to 10% of its net asset value in mortgage-and asset backed securities issued or guaranteed by any OECD government, its agencies or instrumentalities or by private issuers, which may be rated below investment grade by the primary rating agencies.
The Sub-Investment Adviser generally takes a “bottom-up” approach to building portfolios. In other words, it seeks to identify strong businesses with sustainable competitive advantages and improving returns on capital. The Fund follows an investment strategy in which companies are considered principally on their own fundamental qualitative and quantitative characteristics. Commonly referred to as stock picking or bottom-up investing, portfolios of fundamental-based investment funds are built one security at a time following intensive in-house research into each company. Areas of research focus can include the company's management, financials, competitive strengths and weaknesses, earnings growth prospects and numerous other metrics. This approach rests on a belief that some companies have inherent strengths for creating shareholder value over time, have superior prospects to their peer groups and should therefore outperform even in challenging industry and economic circumstances. The purpose of a fundamental investment approach is to identify and invest in such companies.
The Fund may invest in financial derivative instruments for efficient portfolio management purposes. The Fund’s investment in financial derivative instruments will be subject to the limits set out within the Fund’s investment policy and the conditions and limits from time to time laid down by the Central Bank. There will be circumstances in which the Fund will be leveraged in using financial derivative instruments. The Fund is permitted to invest up to 100 % of its net asset value in financial derivative instruments for investment purposes. The maximum amount of leverage, when calculated using the commitment approach, which the Fund can create through the use of financial derivative instruments is 100% of the net asset value of the Fund. However, Shareholders should note that, given the nature of financial derivative instruments and the fact that such instruments may be traded on margin, a relatively small adverse price movement in the underlying of a given financial derivative instrument may result in immediate and substantial movements in the exposure a Fund to that financial derivative instrument. In the event that any of the financial derivative instruments related exposure limits are exceeded for reasons beyond the control of the Fund, the Fund will remedy such situation as a priority, taking due account of the interests of its Shareholders.

##### USE OF TEMPORARY DEFENSIVE MEASURES
In certain circumstances, on a temporary and exceptional basis, when the Investment Adviser or Sub- Investment Adviser deems it to be in the best interests of Shareholders, the Fund may not adhere to its investment policies as disclosed above. For further information, see "Use of temporary defensive measures" in the Prospectus.

##### PROFILE OF A TYPICAL INVESTOR
The Fund is available to a wide range of investors seeking access to a portfolio managed in accordance with a specific investment objective and policy.
A potential investor should choose the Class that best suits such investor’s needs. When choosing a Class, potential investors should consider the following:
- How much the investor plans to invest;
- How long the investor expects to own the Shares;
- The expenses paid in respect of each Class;
- Whether the investor qualifies for any reduction or waiver of sales charges; and
- The currency of the share class.


##### INVESTMENT RESTRICTIONS
The Fund’s investments will be limited to investments permitted by the UCITS Regulations and other applicable restrictions as set out in Appendix 4 to the Prospectus.

##### USE	OF	INVESTMENT	TECHNIQUES	AND	INSTRUMENTS	AND	FINANCIAL	DERIVATIVE INSTRUMENTS
Subject to the ability of the Fund invest up to 100 % of its net asset value in financial derivative instruments for investment purposes, as set out under “Investment Objective and Policies” above, the Sub-Investment Adviser may only employ investment techniques and instruments, such as trading in futures, options and swaps and other financial derivative instruments for efficient portfolio management (i.e. reduction of risk, reduction of costs, generation of additional capital or income for the Fund) and the Sub-Investment Adviser is required to comply with the conditions and limits from time to time laid down by the Central Bank. Further information is set out under “Use of Investment Techniques and Instruments and Financial Derivatives Instruments” and “Types and description of financial derivative instruments” in the Prospectus.
The primary method of calculation of global exposure for the Fund is the commitment approach method. However, the VaR model may be employed where there is a higher volume or more complex usage of derivative strategies or there is a change in the risk profile of the Fund.

##### SECURITIES FINANCING TRANSACTIONS REGULATION
As more particularly described under “Securities Financing Transactions Regulation” in the Prospectus, subject to the investment restrictions set out in Appendix 4 to the Prospectus and any investment restriction set out in the section of the Supplement entitled “Investment Objective and Policies”: (a) with respect to permitted investments in total return swaps, the Fund can invest a maximum of 100% of its Net Asset Value; and (b) the Fund can invest a maximum of 100% of its Net Asset Value in Securities Financing Transactions. Subject to the above limits, it is expected that the Fund will generally invest in the range of 0 - 20% if its Net Asset Value in total return swaps and Securities Financing Transactions.

##### RISK FACTORS AND SPECIAL CONSIDERATIONS
Investors’ attention is drawn to the risk factors and other special considerations which may affect the Fund as set out under “Risk factors and special considerations” in the Prospectus. This does not purport to be an exhaustive list of the risk factors relating to investment in the Fund and investors’ attention is drawn to the description of the instruments set out in the section entitled “Investment Objective and Policies”, above.

##### DISTRIBUTION POLICY
This Fund is closed to new subscriptions (including exchanges into the Fund), and is in the process of being terminated

##### TRADE CUT-OFF AND SETTLEMENT TIMES
This Fund is closed to new subscriptions (including exchanges into the Fund), and is in the process of being terminated

##### THE SUB-INVESTMENT ADVISER
The Manager has appointed JCIL to be the Company’s investment adviser. As at the date of this Supplement, JCIL has delegated to HGIL responsibility for providing discretionary investment management and advisory services in respect of the whole or part of the assets of the Fund.

##### FEES AND EXPENSES
This Fund is closed to new subscriptions (including exchanges into the Fund), and is in the process of being terminated

##### DILUTION ADJUSTMENT
This Fund is closed to new subscriptions (including exchanges into the Fund), and is in the process of being terminated.

##### CLASSES OF SHARES
This Fund is closed to new subscriptions (including exchanges into the Fund), and is in the process of being terminated.
| SHARE CLASSES approved by the Central Bank as at the date of this Supplement |
| --- |
| US Dollar Classes | Euro Classes | Pound Sterling Classes | Hong Kong Dollar Classes | Australia Dollar Classes | Swiss Franc Classes | Canadian Dollar Classes | Renminbi (CNH) Classes | Swedish Kronor Classes | New Zealand dollar Classes | Singapore Dollar Classes |
| N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |


###### Supplement for the Janus Henderson Europe Fund2
The date of this Supplement is 26 February 2021.

###### This Supplement contains information specific to the Janus Henderson Europe Fund (the “Fund”), a sub-fund of Janus Henderson Capital Funds plc (the “Company”). The Company is a UCITS established as an umbrella investment company with segregated liability between Funds with variable capital incorporated in Ireland and regulated by the Central Bank.

###### This Supplement forms part of and should be read in conjunction with the latest Prospectus. The Prospectus may be revised or supplemented from time to time. All capitalised terms used in this Supplement and not otherwise defined herein shall have the meanings set forth in the Prospectus.

##### SUMMARY

###### The information set out under this heading is a summary of the principal features of the Fund, and should be read in conjunction with the full text of the Supplement.
| Classes of Shares | This Fund is closed to new subscriptions (including exchanges into the Fund), and is in the process of being terminated. |
| --- | --- |
| Not applicable. |
| Frequency of Subscriptions, Redemptions and Exchanges | Not applicable. |
| Minimum Subscriptions | Not applicable. |
| Suitability of Classes | Not applicable. |
| Base Currency | Euro |


##### INVESTMENT OBJECTIVE AND POLICIES
The Fund’s investment objective is long-term growth of capital. It pursues its objective by investing principally in common stocks of companies of any size from larger, well-established companies to smaller, emerging growth companies that are domiciled in or are conducting the predominant portion of their economic activities in Western, Central or Eastern Europe (EU and non-EU members) and Turkey. It is expected that the Fund will be broadly diversified among a variety of industry sectors. The Fund may employ investment techniques and instruments, such as trading in futures, options and swaps and other financial derivative instruments for efficient portfolio management (ie reduction of risk, reduction of costs, generation of additional capital or income for the Fund) or, subject to a limit of up to 10% of its net asset value, for investment purposes, subject to the conditions and within the limits from time to time laid down by the Central Bank. Subject to the above, no more than 10% of the net asset value of the Fund may be invested in securities traded on any one Developing Market and the aggregate amount of the Fund which may be invested in securities traded on the Developing Markets is 20% of the net asset value of the Fund.
The Fund may invest up to 10% of its net asset value in mortgage- and asset-backed securities issued or guaranteed by any OECD government, its agencies or instrumentalities or by private issuers and which may be rated below investment grade by the primary rating agencies.
2 This Fund is closed to new subscriptions (including exchanges into the Fund), and is in the process of being terminated.
The Fund may invest substantially all of its assets in equities to the extent that the relevant Sub-Investment Adviser believes that the relevant market environment favours profitable investing in those securities. Securities are generally selected by the Sub-Investment Adviser without regard to any defined industry sector or other similarly defined selection procedure and the Fund does not intend to specialise in any particular industry sector.
Realisation of income is not a significant investment consideration for the Fund.
The percentage of the Fund’s assets invested in equities will vary and, depending on market conditions as determined by the Sub-Investment Adviser, the Fund may hold ancillary liquid assets or short-term interest bearing securities in its portfolio, such as Government Securities or Debt Securities. The Fund may invest to a lesser degree in other types of securities including preference shares, Government Securities, Debt Securities, warrants and securities convertible into equities when the relevant Sub-Investment Adviser perceives an opportunity for capital growth from such securities. The Fund may invest up to 15% of its net asset value in Debt Securities (including high yield/high-risk bonds) or Government Securities rated below investment grade. The Fund may invest directly or indirectly (i.e. through depositary receipts including American Depositary Receipts, European Depositary Receipts and Global Depositary Receipts) in the relevant markets. The Fund may also invest up to 5% of its net asset value in zero coupon, pay-in-kind and Step Coupon Securities, and without limit in Index/Structured Securities. Pay-in-kind bonds are bonds which may pay interest in the form of additional bonds of the same kind.
To the extent permitted to invest in such securities pursuant to its investment policies set forth herein, the Fund will not invest more than 10% of its net asset value in securities issued or guaranteed by a single country (including its government, a public or local authority of that country) with a credit rating below Investment Grade.
The Fund may invest up to 5% of its net asset value in the securities of other Eligible Collective Investment Schemes. Such investment includes investing in other Funds. However the Fund may not invest in another Fund which itself holds Shares in other Funds. Where the Fund invests in another Fund, the investing Fund may not charge an annual management and/or investment management fee in respect of the portion of its assets invested in the other Fund.
The Sub-Investment Adviser generally takes a “bottom-up” approach to building portfolios. In other words, they seek to identify strong businesses with sustainable competitive advantages and improving returns on capital. The Fund follows an investment strategy in which companies are considered principally on their own fundamental qualitative and quantitative characteristics. Commonly referred to as stock picking or bottom-up investing, portfolios of fundamental-based investment funds are built one security at a time following intensive in-house research into each company. Areas of research focus can include the company's management, financials, competitive strengths and weaknesses, earnings growth prospects and numerous other metrics. This approach rests on a belief that some companies have inherent strengths for creating shareholder value over time, have superior prospects to their peer groups and should therefore outperform even in challenging industry and economic circumstances. The purpose of a fundamental investment approach is to identify and invest in such companies.
The Fund may invest in financial derivative instruments for efficient portfolio management purposes. The Fund’s investment in financial derivative instruments will be subject to the limits set out within the Fund’s investment policy and the conditions and limits from time to time laid down by the Central Bank. There will be circumstances in which the Fund will be leveraged in using financial derivative instruments. The Fund is permitted to invest up to 10% of its net asset value in financial derivative instruments for investment purposes. The maximum amount of leverage, when calculated using the commitment approach, which the Fund can create through the use of financial derivative instruments is 100% of the net asset value of the Fund. Where the market risk of the Fund is measured using the VaR methodology, the Fund’s leverage is calculated using the sum of the notionals of the derivatives held by the Fund, details of the leverage are disclosed herein in the Fund’s investment policies. However, Shareholders should note that, given the nature of financial derivative instruments and the fact that such instruments may be traded on margin, a relatively small adverse price movement in the underlying of a given financial derivative instrument may result in immediate and substantial movements in the exposure a Fund to that financial derivative instrument. In the event that any of the financial derivative instruments related exposure limits are exceeded for reasons beyond the control of the Fund, the Fund will remedy such situation as a priority, taking due account of the interests of its Shareholders.

##### USE OF TEMPORARY DEFENSIVE MEASURES
In certain circumstances, on a temporary and exceptional basis, when the Investment Adviser or Sub- Investment Adviser deems it to be in the best interests of Shareholders, the Fund may not adhere to its investment policies as disclosed above. For further information, see "Use of temporary defensive measures" in the Prospectus.

##### PROFILE OF A TYPICAL INVESTOR
The Fund is available to a wide range of investors seeking access to a portfolio managed in accordance with a specific investment objective and policy.
A potential investor should choose the Class that best suits such investor’s needs. When choosing a Class, potential investors should consider the following:
- How much the investor plans to invest;
- How long the investor expects to own the Shares;
- The expenses paid in respect of each Class;
- Whether the investor qualifies for any reduction or waiver of sales charges; and
- The currency of the share class.


##### INVESTMENT RESTRICTIONS
The Fund’s investments will be limited to investments permitted by the UCITS Regulations and other applicable restrictions as set out in Appendix 4 to the Prospectus.

##### USE	OF	INVESTMENT	TECHNIQUES	AND	INSTRUMENTS	AND	FINANCIAL	DERIVATIVE INSTRUMENTS
Subject to the ability of the Fund to invest up to 10% of its net asset value in financial derivative instruments for investment purposes, as set out under “Investment Objective and Policies” above, the Sub-Investment Adviser may only employ investment techniques and instruments, such as trading in futures, options and swaps and other financial derivative instruments for efficient portfolio management (i.e. reduction of risk, reduction of costs, generation of additional capital or income for the Fund) and the Sub-Investment Adviser is required to comply with the conditions and limits from time to time laid down by the Central Bank. Further information is set out under “Use of Investment Techniques and Instruments and Financial Derivatives Instruments” and “Types and description of financial derivative instruments” in the Prospectus.
The primary method of calculation of global exposure for the Fund is the commitment approach method. However, the VaR model may be employed where there is a higher volume or more complex usage of derivative strategies or there is a change in the risk profile of the Fund.

##### SECURITIES FINANCING TRANSACTIONS REGULATION
As more particularly described under “Securities Financing Transactions Regulation” in the Prospectus, subject to the investment restrictions set out in Appendix 4 to the Prospectus and any investment restriction set out in the section of the Supplement entitled “Investment Objective and Policies”: (a) with respect to permitted investments in total return swaps, the Fund can invest a maximum of 10% of its Net Asset Value; and (b) the Fund can invest a maximum of 100% of its Net Asset Value in Securities Financing Transactions. Subject to the above limits, it is expected that the Fund will generally invest in the range of 0 - 20% if its Net Asset Value in total return swaps and Securities Financing Transactions.

##### RISK FACTORS AND SPECIAL CONSIDERATIONS
Investors’ attention is drawn to the risk factors and other special considerations which may affect the Fund as set out under “Risk factors and special considerations” in the Prospectus. This does not purport to be an exhaustive list of the risk factors relating to investment in the Fund and investors’ attention is drawn to the description of the instruments set out in the section entitled “Investment Objective and Policies”, above.

##### DISTRIBUTION POLICY
This Fund is closed to new subscriptions (including exchanges into the Fund), and is in the process of being terminated.

##### TRADE CUT-OFF AND SETTLEMENT TIMES
This Fund is closed to new subscriptions (including exchanges into the Fund), and is in the process of being terminated.

##### THE SUB-INVESTMENT ADVISER
The Manager has appointed JCIL to be the Company’s investment adviser. As at the date of this Supplement, JCIL has delegated to JCM responsibility for providing discretionary investment management and advisory services in respect of the whole or part of the assets of the Fund.

##### FEES AND EXPENSES
This Fund is closed to new subscriptions (including exchanges into the Fund), and is in the process of being terminated.

##### DILUTION ADJUSTMENT
This Fund is closed to new subscriptions (including exchanges into the Fund), and is in the process of being terminated.

##### CLASSES OF SHARES
This Fund is closed to new subscriptions (including exchanges into the Fund), and is in the process of being terminated.
| SHARE CLASSES approved by the Central Bank as at the date of this Supplement |
| --- |
| US Dollar Classes | Euro Classes | Pound Sterling Classes | Hong Kong Dollar Classes | Australia Dollar Classes | Swiss Franc Classes | Canadian Dollar Classes | Renminbi (CNH) Classes | Swedish Kronor Classes | New Zealand dollar Classes | Singapore Dollar Classes |
| N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |


###### Supplement for the

###### Janus Henderson Global Adaptive Capital Appreciation Fund
The date of this Supplement is 26 February 2021.

###### This Supplement contains information specific to the Janus Henderson Global Adaptive Capital Appreciation Fund (the “Fund”), a sub-fund of Janus Henderson Capital Funds plc (the “Company”). The Company is a UCITS established as an umbrella investment company with segregated liability between Funds with variable capital incorporated in Ireland and regulated by the Central Bank.

###### This Supplement forms part of and should be read in conjunction with the latest Prospectus. The Prospectus may be revised or supplemented from time to time. All capitalised terms used in this Supplement and not otherwise defined herein shall have the meanings set forth in the Prospectus.

##### SUMMARY

###### The information set out under this heading is a summary of the principal features of the Fund, and should be read in conjunction with the full text of the Supplement.
| Classes of Shares | Details of the Classes of Shares are set out in the section below entitled “Classes of Shares”. |
| --- | --- |
| Investors should note that, as at the date of this Supplement, only certain Classes of Shares of the Fund are currently available for purchase. Furthermore, not all Classes of Shares are available in all jurisdictions and investors are requested to contact the relevant Distribution Agent for a list of Classes of Shares available to them. |
| Frequency of Subscriptions, Redemptions and Exchanges | Unless otherwise determined by the Directors and/or the Manager, subscriptions for and redemptions and exchanges of Shares may be made on any Business Day subject to the procedures described in the sections of the Prospectus entitled “How to Purchase Shares”, “How to Redeem Shares” and “How to Exchange or Transfer Shares”. |
| Minimum Subscriptions | The minimum initial and subsequent subscriptions applicable to each Class within the Fund are set out in the section entitled “How to purchase shares” in the Prospectus. |
| Suitability of Classes | Suitability of Classes and eligibility of investors for particular Classes are described in the section entitled "The Shares” in the Prospectus. |
| Base Currency | US Dollar |


##### INVESTMENT OBJECTIVE AND POLICIES
The Fund’s investment objective is to seek to achieve total return through growth of capital. It pursues its objective by allocating its assets across a portfolio of equity (also known as company shares) and/or equity- related securities, fixed income (and related) securities and cash or cash equivalents (for example, commercial paper, bankers’ acceptances, certificates of deposit, U.S. government treasury bills) located anywhere in the world (including Developing Markets). The Fund will have the flexibility to shift these allocations and may invest up to 100% of its assets in any of these asset classes depending on market conditions. The Fund may make significant use of financial derivative instruments. The Fund uses a variety of investments to gain exposure to different asset classes by investing at least 51% in equities, equity related securities (including preference shares, securities convertible into equities or preference shares, such as convertible preference shares, and other securities with equity characteristics, Debt Securities, Government Securities and exchange- traded funds. The preferred stock and convertible securities in which the Fund will invest will not contain embedded derivatives and/or leverage. These securities will be from issuers located anywhere in the world. It is expected that the Fund will be broadly diversified among a variety of industries and sectors.
Financial derivative instruments will be used where direct purchase would not be possible or would be less efficient and may be used to hedge, increase or decrease currency exposures, increase or decrease equity exposures within countries or sectors, increase or decrease fixed income exposure to specific countries, increase or decrease exposure to interest rates or a specific currency or country, get exposure to a country’s or currency’s yield curve (which shows the bond yield for different maturities), dynamically manage and limit volatility in the portfolio, manage exposure to interest rate, sovereign and credit risk, hedge instruments with inflation sensitivity, gain exposure to a country specific real interest rates.
The Fund may also employ investment techniques and instruments (trading in futures, options, swaps, swaptions, credit default swaps (both single name and indices) and forward currency exchange contracts) for efficient portfolio management (i.e. reduction of risk, reduction of costs, generation of additional capital or income for the Fund) or for investment purposes as described in the “Types and Description of Financial Derivative Instruments” section of the Prospectus, subject to the conditions and within the limits from time to time laid down by the Central Bank to gain or hedge exposure to the investments contemplated in these investment policies.
Performance target: To outperform the composite benchmark comprising (60% MSCI All Country World Index/ 40% Bloomberg Barclays Global Aggregate Bond Index) by 1% per annum, before the deduction of charges, over any 5 year period.
The Fund is Actively Managed with reference to the composite benchmark (60% MSCI All Country World Index
/40% Bloomberg Barclays Global Aggregate Bond Index), which is broadly representative of the assets in which it may invest, as this forms the basis of the Fund's performance target. The Sub-Investment Adviser has a high degree of freedom to choose individual investments for the Fund. The Sub-Investment Adviser uses various selection criteria which will be afforded greater or lesser focus depending upon current economic conditions. Details of the Fund’s performance are available in the annual reports and semi-annual reports, the marketing materials and in the KIID. There is no guarantee that the Fund’s performance will match or exceed that benchmark.
The Fund will make significant use of financial derivative instruments. The market risk of the Fund will be measured using the VaR methodology. The absolute VaR of the Fund will not exceed 14.1% of the Fund’s Net Asset Value. It is expected that under normal market conditions, the Fund’s leverage, as calculated using the sum of the notionals of the derivatives held by the Fund (the “Notionals Approach”), will be less than 300% of the Fund’s Net Asset Value, and is expected to typically range from 0% to 150% of the Fund’s Net Asset Value, with an expected average exposure of 100%. Under exceptional circumstances, it is expected that the Fund may be leveraged up to 600% (using the Notionals Approach) of the Fund’s Net Asset Value. Exceptional circumstances may include periods characterised by (i) lack of liquidity, particularly in securities listed, traded or dealt on a Regulated Market, causing the Sub-Investment Adviser to seek exposure in derivatives markets; (ii) volatility where the Sub-Investment Adviser seek to hedge or be opportunistic while respecting the investment policies and restrictions applicable to the Fund; or (iii) imperfect correlations and unanticipated market conditions. If the Fund uses a high amount of leverage, especially the higher amount permitted in exceptional circumstances, it may have greater losses that would have occurred absent the high leverage. The leverage figure is calculated using the Notional Approach as is required by the UCITS Regulations. The notional value of the investments varies significantly from their market value which is why the leverage limits are high. These leverage limits do not take into account any netting and hedging arrangements that the Fund may have in place at any time even though these netting and hedging arrangements are used for risk reduction purposes.

###### Due to its exposure to Developing Markets and below investment grade securities, an investment in the Fund should not constitute a substantial proportion of an investment portfolio and may not be appropriate for all investors.
The Fund may invest directly in equities or indirectly in equities through the use of financial derivative instruments. The Fund may invest significantly in equities, consistent with the percentage limits outlined herein, to the extent that the relevant Sub-Investment Adviser believes that the relevant market environment favours profitable investing in such securities. Securities are generally selected by the relevant Sub- Investment Adviser without regard to any defined industry sector or other similarly defined selection procedure, and the Fund does not intend to specialise in any particular industry sector.
In investing in Debt Securities, there is no limit on the amount that may be invested by the Fund in mortgage and asset-backed securities issued or guaranteed by any OECD government, its agencies or instrumentalities or by private issuers, which may be rated below investment grade by the primary rating agencies. In addition, the Fund may also invest in any of the types of transferable securities, and participations in or assignments of floating rate mortgages or other commercial loans, to the extent and as set forth in this section of the Supplement.
The Fund follows an allocation strategy whereby the Sub-Investment Adviser, subject to the Fund’s investment objective and policies, has the flexibility to allocate between underlying investments at their discretion and in response to changes in the investment markets and combining multiple asset classes/providing investors with a mix of asset classes.
Realisation of income is not a significant investment consideration for the Fund.
The percentage of the Fund’s assets invested in equities will vary and, depending on market conditions as determined by the Sub-Investment Adviser, the Fund may hold ancillary liquid assets or short-term interest bearing securities in its portfolio, such as Government Securities or Debt Securities. The Fund may invest to a lesser degree in other types of securities including preference shares, Government Securities, Debt Securities, warrants and securities convertible into equities when the relevant Sub-Investment Adviser perceives an opportunity for capital growth from such securities. There is no limit on the permitted investment by the Fund, in Debt Securities or Government Securities rated below investment grade. The Fund may invest directly or indirectly (i.e. through depositary receipts including American Depositary Receipts, European Depositary Receipts and Global Depositary Receipts) in the relevant markets. The Fund may also invest up to 5% of its net asset value in zero coupon, pay-in-kind and Step Coupon Securities, and without limit in Index/Structured Securities. Pay-in-kind bonds are bonds which may pay interest in the form of additional bonds of the same kind.
The Fund may invest up to 100% of its net asset value in the securities of other Eligible Collective Investment Schemes. Investment by the Fund in any one Eligible Collective Investment Scheme shall not exceed 20% of its net asset value. Such investment includes investing in other Funds. However the Fund may not invest in another Fund which itself holds Shares in other Funds. Where the Fund invests in another Fund, the Fund may not charge an annual management and/or investment management fee in respect of the portion of its assets invested in the other Fund. The maximum level of management fees (exclusive of any performance fee) that may be charged by a collective investment scheme in which the Fund invests is 2% per annum of the net asset value of that scheme.
The Sub-Investment Adviser generally takes a “bottom-up” approach to building portfolios. In other words, they seek to identify strong businesses with sustainable competitive advantages and improving returns on capital. The Fund follows an investment strategy in which companies are considered principally on their own fundamental qualitative and quantitative characteristics. Commonly referred to as stock picking or bottom-up investing, portfolios of fundamental-based investment funds are built one security at a time following intensive in-house research into each company. Areas of research focus can include the company's management, financials, competitive strengths and weaknesses, earnings growth prospects and numerous other metrics. This approach rests on a belief that some companies have inherent strengths for creating shareholder value over time, have superior prospects to their peer groups and should therefore outperform even in challenging industry and economic circumstances. The purpose of a fundamental investment approach is to identify and invest in such companies.
The Fund may invest in financial derivative instruments for efficient portfolio management purposes. The Fund’s investment in financial derivative instruments will be subject to the limits set out within the Fund’s investment policy and the conditions and limits from time to time laid down by the Central Bank. There will be circumstances in which the Fund will be leveraged in using financial derivative instruments. The Fund is permitted to invest up to 100% of its net asset value in financial derivative instruments for investment purposes. The market risk of the Fund is measured using the VaR methodology, the Fund’s leverage is calculated using the sum of the notionals of the derivatives held by the Fund, details of the leverage are disclosed herein in the Fund’s investment policies. However, Shareholders should note that, given the nature of financial derivative instruments and the fact that such instruments may be traded on margin, a relatively small adverse price movement in the underlying of a given financial derivative instrument may result in immediate and substantial movements in the exposure a Fund to that financial derivative instrument. In the event that any of the financial
derivative instruments related exposure limits are exceeded for reasons beyond the control of the Fund, the Fund will remedy such situation as a priority, taking due account of the interests of its Shareholders.

##### USE OF TEMPORARY DEFENSIVE MEASURES
In certain circumstances, on a temporary and exceptional basis, when the Investment Adviser or Sub- Investment Adviser deems it to be in the best interests of Shareholders, the Fund may not adhere to its investment policies as disclosed above. For further information, see "Use of temporary defensive measures" in the Prospectus.

##### PROFILE OF A TYPICAL INVESTOR
The Fund is available to a wide range of investors seeking access to a portfolio managed in accordance with a specific investment objective and policy.
A potential investor should choose the Class that best suits such investor’s needs. When choosing a Class, potential investors should consider the following:
- How much the investor plans to invest;
- How long the investor expects to own the Shares;
- The expenses paid in respect of each Class;
- Whether the investor qualifies for any reduction or waiver of sales charges; and
- The currency of the share class.


##### INVESTMENT RESTRICTIONS
The Fund’s investments will be limited to investments permitted by the UCITS Regulations and other applicable restrictions as set out in Appendix 4 to the Prospectus.

##### USE	OF	INVESTMENT	TECHNIQUES	AND	INSTRUMENTS	AND	FINANCIAL	DERIVATIVE INSTRUMENTS
Subject to the ability of the Fund to invest up to 100% of its net asset value in financial derivative instruments for investment purposes, as set out under “Investment Objective and Policies” above, the Sub-Investment Adviser may only employ investment techniques and instruments, such as trading in futures, options and swaps and other financial derivative instruments for efficient portfolio management (i.e. reduction of risk, reduction of costs, generation of additional capital or income for the Fund) and the Sub-Investment Adviser is required to comply with the conditions and limits from time to time laid down by the Central Bank. Further information is set out under “Use of Investment Techniques and Instruments and Financial Derivatives Instruments” and “Types and description of financial derivative instruments” in the Prospectus.
The Fund will utilise the VaR approach to calculation of global exposure. The VaR method will be used by the Fund to assist in qualitatively assessing and monitoring the Fund’s risk.

##### SECURITIES FINANCING TRANSACTIONS REGULATIONS
As more particularly described under “Securities Financing Transactions Regulation” in the Prospectus, subject to the investment restrictions set out in Appendix 4 to the Prospectus and any investment restriction set out in the section of the Supplement entitled “Investment Objective and Policies”: (a) with respect to permitted investments in total return swaps, the Fund can invest a maximum of 100% of its Net Asset Value; and (b) the Fund can invest a maximum of 100% of its Net Asset Value in Securities Financing Transactions. Subject to the above limits, it is expected that the Fund will generally invest in the range of 0 - 20% if its Net Asset Value in total return swaps and Securities Financing Transactions.

##### RISK FACTORS AND SPECIAL CONSIDERATIONS
Investors’ attention is drawn to the risk factors and other special considerations which may affect the Fund as set out under “Risk factors and special considerations” in the Prospectus. This does not purport to be an
exhaustive list of the risk factors relating to investment in the Fund and investors’ attention is drawn to the description of the instruments set out in the section entitled “Investment Objective and Policies”, above.

##### DISTRIBUTION POLICY
As more particularly described under “The Shares” in the Prospectus and in the section of the Supplement entitled “Classes of Shares”, Distributing Share Classes may differ in terms of their distribution frequency. Distributing Share Classes may distribute monthly, quarterly, semi-annually or annually as determined at the launch of the relevant Share Class. The distribution frequency of Share Classes are set out in the table below:
| Frequency of Distribution | Dates of Distribution Declaration |
| --- | --- |
| Accumulating Share Classes |
| Not applicable | Not applicable |
| Distributing Share Classes |
| Monthly | Monthly, normally on the fifteenth day of each month unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Quarterly | Quarterly, normally on 15 January, 15 April, 15 July and 15 October unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Semi-annually | Semi-annually, normally on 15 April and 15 October unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Annually | Annually, normally on 15 October unless it is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned date. |


##### TRADE CUT-OFF AND SETTLEMENT TIMES
Subscription orders for Shares received and accepted by or on behalf of the Transfer Agent or the Company and/or the Manager prior to the Trade Cut-Off Times on a Business Day specified in the tables below will be processed at the offering price determined on that Business Day. Subscription orders to subscribe for Shares received by or on behalf of the Transfer Agent or the Company and/or the Manager after the Trade Cut-Off Time on the relevant Business Day will be processed at the offering price determined on the next Business Day. If payment for subscription orders is not received by the relevant Settlement Time, a subscription may be cancelled or the Shareholder may be charged interest on the outstanding subscription monies at normal commercial rates. In such an event, the Distribution Agent or the Shareholder may be liable for any loss to the Fund.
Processing of redemption orders is subject to receipt and acceptance by or on behalf of the Transfer Agent or the Company and/or the Manager of a valid redemption order. Subject to the provisions set out under “Limitations on Redemptions” in the Prospectus, redemption orders received and accepted by or on behalf of
the Transfer or by the Company and/or the Manager prior to the Trade Cut-Off Time on a Business Day will be processed at the net asset value per Share determined on that Business Day.
| Subscription | Trade cut-off Time | Settlement Time |
| --- | --- | --- |
| Subscriptions (other than Class Z Shares) | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |
| Subscriptions made directly to the Transfer Agent by Qualifying Institutional Investors/Class Z Shares | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | 3:30pm, London time on T |
| Redemption | Trade cut-off Time | Settlement Time |
| All Redemptions | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |


##### THE SUB-INVESTMENT ADVISER
The Manager has appointed JCIL to be the Company’s investment adviser. As at the date of this Supplement, JCIL has delegated to JCM responsibility for providing discretionary investment management and advisory services in respect of the whole or part of the assets of the Fund.

##### FEES AND EXPENSES
Details of the fees and expenses attaching to an investment in a Fund (including initial sales charges, CDSCs, dilution adjustment, investment management fees and distribution fees) are set out in the section entitled “Fees and Expenses” in the Prospectus and a summary of which is set out below. The Fees and Expenses to Capital Share Classes may charge certain fees and expenses to capital rather than income.
| Fee Type | Class A Shares | Class B Shares | Class E Shares | Class G Shares | Class H Shares | Class I Shares | Class S Shares | Class V Shares | Class Z Shares |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Initial Sales Charge | Up to 5.00% of the amount subscribed | N/A | Up to 3.00% of the amount subscribed | N/A | N/A | Up to 2.00% of the amount subscribed | Up to 2.00% of the amount subscribed | N/A | N/A |
| CDSC < 1 year since purchase 1-2 years 2-3 years 3-4 years >4 years since purchase | N/A | 4% 3% 2% 1% 0% | N/A | N/A | N/A | N/A | N/A | 3% 2% 1% 0% - | N/A |
| Shareholder Service Fees | Up to 0.60% of net asset value | Up to 0.75% of net asset value | Up to 1.25% of net asset value | N/A | N/A | N/A | N/A | Up to 0.75% of net asset value | N/A |
| Distribution Fees | N/A | Up to 1.00% of net asset value | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investment Management Fee | Up to 0.90% of net asset value. | Up to 0.90% of net asset value. | Up to 0.90% of net asset value.. | Up to 0.80% of net asset value. | Up to 0.80% of net asset value. | Up to 0.80% of net asset value. | Up to 0.80% of net asset value. | Up to 0.90% of net asset value. | See Prospectus |

| Performance Fee | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Fee and Expenses Cap | 1.75% of net asset value | N/A | 2.40% of net asset value | 1.05% of net asset value | 1.05% of net asset value | 1.05% of net asset value | 1.05% of net asset value | 2.75% of net asset value | See Prospectus |


##### DILUTION ADJUSTMENT
A dilution adjustment may be applied to the Net Asset Value per Share of the Fund on a dealing day (i) if net subscriptions or redemptions exceed a pre-determined threshold relating to the Fund’s Net Asset Value (where such a threshold has been pre-determined for the Fund from time to time by the Manager) or (ii) in any other cases where there are net subscriptions or redemptions in the Fund and the Manager or its delegate reasonably believes that imposing a dilution adjustment is in the best interests of existing Shareholders.

##### CLASSES OF SHARES
As more particularly described in the Prospectus under “The Shares”, the Company offers 11 Classes of Shares with various distribution policies, distribution frequencies, hedging policies and currencies in each Class. The name of each Class of Shares offered by the Company enables Shareholders to identify the distribution policy, distribution frequency, hedging policy and currency of a Class by reference to sub- classifications. The table below sets out details of the Classes of Shares approved by the Central Bank, and the Classes which are available for purchase as at the date of this Supplement.
Where a Class of Shares in any Fund has not previously been issued or is being re-offered, then initial subscriptions for such Shares will be accepted: (i) on such date(s) to be determined by the Manager and notified in advance to the Central Bank; and (ii) the initial offer price and re-offer price as set out in the Prospectus under “Initial offers of share classes”. Alternatively, in the case of a Fund which already has one or more Classes of Shares in issue, the initial offer price per Share for subsequent Classes of Shares issued in respect of that Fund may be the net asset value per Share of such other Class of Shares of that Fund as may be determined by the Manager and notified in advance to the Central Bank and potential Shareholders.
| SHARE CLASSES approved by the Central Bank as at the date of this Supplement |
| --- |
| US Dollar Classes | Euro Classes | Pound Sterling Classes | Hong Kong Dollar Classes | Australia Dollar Classes | Swiss Franc Classes | Canadian Dollar Classes | Renminbi (CNH) Classes | Swedish Kronor Classes | New Zealand dollar Classes | Singapore Dollar Classes |
| A2 USD B2 USD E2 USD I2 USD S2 USD H2 USD G2 USD V2 USD Z2 USD | A2 HEUR B2 HEUR E2 HEUR I2 HEUR H2 HEUR G2 HEUR S2 HEUR V2 HEUR Z2 EUR | I2 HGBP I2 GBP S2 HGBP H2 GBP H2 HGBP G2 HGBP G2 GBP Z2 GBP Z2 HGBP | A2 HDD I2 HKD S2 HKD V2 HKD Z2 HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF G2 HCHF Z2 CHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD |


###### Supplement for the

###### Janus Henderson Global Adaptive Capital Preservation Fund
The date of this Supplement is 26 February 2021.

###### This Supplement contains information specific to the Janus Henderson Global Adaptive Capital Preservation Fund (the “Fund”), a sub-fund of Janus Henderson Capital Funds plc (the “Company”). The Company is a UCITS established as an umbrella investment company with segregated liability between Funds with variable capital incorporated in Ireland and regulated by the Central Bank.

###### This Supplement forms part of and should be read in conjunction with the latest Prospectus. The Prospectus may be revised or supplemented from time to time. All capitalised terms used in this Supplement and not otherwise defined herein shall have the meanings set forth in the Prospectus.

##### SUMMARY

###### The information set out under this heading is a summary of the principal features of the Fund, and should be read in conjunction with the full text of the Supplement.
| Classes of Shares | Details of the Classes of Shares are set out in the section below entitled “Classes of Shares”. |
| --- | --- |
| Investors should note that, as at the date of this Supplement, only certain Classes of Shares of the Fund are currently available for purchase. Furthermore, not all Classes of Shares are available in all jurisdictions and investors are requested to contact the relevant Distribution Agent for a list of Classes of Shares available to them. |
| Frequency of Subscriptions, Redemptions and Exchanges | Unless otherwise determined by the Directors and/or the Manager, subscriptions for and redemptions and exchanges of Shares may be made on any Business Day subject to the procedures described in the sections of the Prospectus entitled “How to Purchase Shares”, “How to Redeem Shares” and “How to Exchange or Transfer Shares”. |
| Minimum Subscriptions | The minimum initial and subsequent subscriptions applicable to each Class within the Fund are set in the section entitled “How to purchase shares” in the Prospectus. |
| Suitability of Classes | Suitability of Classes and eligibility of investors for particular Classes are described in the section entitled “The Shares” in the Prospectus. |
| Base Currency | US Dollar |


##### INVESTMENT OBJECTIVE AND POLICIES
The Fund’s investment objective is to seek to achieve positive, consistent returns above those that would be earned on cash-equivalent investments. The Fund seeks to provide long-term positive returns through various market environments (i.e. the typical cyclical expansion and contraction periods of the Business Cycle and the ensuing increasing and decreasing of interest rate levels due to market forces or central bank intervention). It pursues its objective by allocating its assets across a portfolio of equities (also known as company shares) and equity-related securities, fixed income securities and cash or cash equivalents (for example, commercial paper, bankers’ acceptances, certificates of deposit, U.S. government treasury bills) located anywhere in the world (including Developing Markets). The Fund seeks to achieve its objective through dynamic asset allocation and will have the flexibility to shift these allocations and may invest up to 100% of its assets in any of these asset classes depending on market conditions. The Fund may make significant use of financial derivative instruments. The Fund uses a variety of investments to gain exposure to different asset classes by investing at least 51% of its net asset value in equities, equity related securities (including preference shares, securities convertible into equities or preference shares, such as convertible preference shares, and other securities with equity characteristics, Debt Securities, Government Securities and exchange-traded funds. The
preference shares and convertible securities in which the Fund will invest will not contain embedded derivatives and/or leverage. These securities will be from issuers located anywhere in the world. It is expected that the Fund will be broadly diversified among a variety of industries and sectors.
Financial derivative instruments will be used where direct purchase would not be possible or would be less efficient and may be used to hedge, increase or decrease currency exposures, increase or decrease equity exposures within countries or sectors, increase or decrease fixed income exposure to specific countries, increase or decrease exposure to interest rates or a specific currency or country, get exposure to a country’s or currency’s yield curve (which shows the bond yield for different maturities), dynamically manage and limit volatility, manage exposure to interest rate, sovereign and credit risk, hedge instruments with inflation sensitivity, gain exposure to a country specific real interest rates.
The Fund may also employ investment techniques and instruments (trading in futures, options, swaps, swaptions, credit default swaps (both single name and indices) and forward currency exchange contracts) for efficient portfolio management (ie reduction of risk, reduction of costs, generation of additional capital or income for the Fund) or for investment purposes as described in the “Types and Description of Financial Derivative Instruments” section herein, subject to the conditions and within the limits from time to time laid down by the Central Bank to gain or hedge exposure to the investments contemplated in these investment policies.
Performance target: To outperform the Bloomberg Barclays 1 Month US Treasury Bill Index by 1% per annum, before the deduction of charges, over any 5 year period.
The Fund is Actively Managed with reference to the Bloomberg Barclays 1 Month US Treasury Bill Index, as this forms the basis of the Fund's performance target. The Sub-Investment Adviser has a high degree of freedom to choose individual investments for the Fund. The Sub-Investment Adviser uses various selection criteria which will be afforded greater or lesser focus depending upon current economic conditions. Details of the Fund’s performance are available in the annual reports and semi-annual reports, the marketing materials and in the KIID. There is no guarantee that the Fund’s performance will match or exceed that benchmark.
The Fund will make significant use of financial derivative instruments. The market risk of the Fund will be measured using the VaR methodology. The absolute VaR of the Fund will not exceed 14.1% of the Fund’s Net Asset Value. It is expected that under normal market conditions, the Fund’s leverage, as calculated using the sum of the notionals of the derivatives held by the Fund (the “Notionals Approach”), will be less than 300% of the Fund’s Net Asset Value, and is expected to typically range from 0% to 100% of the Fund’s Net Asset Value, with an expected average exposure of 100%. Under exceptional circumstances, it is expected that the Fund may be leveraged up to 600% (using the Notionals Approach) of the Fund’s Net Asset Value. Exceptional circumstances may include periods characterised by (i) lack of liquidity, particularly in securities listed, traded or dealt on a Regulated Market, causing the Sub-Investment Adviser to seek exposure in derivatives markets; (ii) volatility where the Sub-Investment Adviser seek to hedge or be opportunistic while respecting the investment policies and restrictions applicable to the Fund; or (iii) imperfect correlations and unanticipated market conditions. If the Fund uses a high amount of leverage, especially the higher amount permitted in exceptional circumstances, it may have greater losses that would have occurred absent the high leverage. The leverage figure is calculated using the Notional Approach as is required by the UCITS Regulations. The notional value of the investments varies significantly from their market value which is why the leverage limits are high. These leverage limits do not take into account any netting and hedging arrangements that the Fund may have in place at any time even though these netting and hedging arrangements are used for risk reduction purposes.

###### Due to its exposure to Developing Markets and below investment grade securities, an investment in the Fund should not constitute a substantial proportion of an investment portfolio and may not be appropriate for all investors.
The Fund may invest directly in equities or indirectly in equities through the use of financial derivative instruments. The Fund may invest significantly in equities, consistent with the percentage limits outlined herein, to the extent that the relevant Sub-Investment Adviser believes that the relevant market environment favours profitable investing in such securities. Securities are generally selected by the relevant Sub- Investment Adviser without regard to any defined industry sector or other similarly defined selection procedure, and the Fund does not intend to specialise in any particular industry sector.
In investing in Debt Securities, there is no limit on the amount that may be invested by the Fund in mortgage and asset-backed securities issued or guaranteed by any OECD government, its agencies or instrumentalities or by private issuers, which may be rated below investment grade by the primary rating agencies. In addition, the Fund may also invest in any of the types of transferable securities, and participations in or assignments of floating rate mortgages or other commercial loans, to the extent and as set forth in this section of the Supplement.
The Fund follows an allocation strategy whereby the Sub-Investment Adviser, subject to the Fund’s investment objective and policies, has the flexibility to allocate between underlying investments at their discretion and in response to changes in the investment markets and combining multiple asset classes/providing investors with a mix of asset classes.
Realisation of income is not a significant investment consideration for the Fund.
The percentage of the Fund’s assets invested in equities will vary and, depending on market conditions as determined by the Sub-Investment Adviser, the Fund may hold ancillary liquid assets or short-term interest bearing securities in its portfolio, such as Government Securities or Debt Securities. The Fund may invest to a lesser degree in other types of securities including preference shares, Government Securities, Debt Securities, warrants and securities convertible into equities when the relevant Sub-Investment Adviser perceives an opportunity for capital growth from such securities. There is no limit on the permitted investment by the Fund, in Debt Securities or Government Securities rated below investment grade. The Fund may invest directly or indirectly (i.e. through depositary receipts including American Depositary Receipts, European Depositary Receipts and Global Depositary Receipts) in the relevant markets. The Fund may also invest up to 5% of its net asset value in zero coupon, pay-in-kind and Step Coupon Securities, and without limit in Index/Structured Securities. Pay-in-kind bonds are bonds which may pay interest in the form of additional bonds of the same kind.
The Fund may invest up to 100% of its net asset value in the securities of other Eligible Collective Investment Schemes. Investment by the Fund in any one Eligible Collective Investment Scheme shall not exceed 20% of its net asset value. Such investment includes investing in other Funds. However the Fund may not invest in another Fund which itself holds Shares in other Funds. Where the Fund invests in another Fund, the Fund may not charge an annual management and/or investment management fee in respect of the portion of its assets invested in the other Fund. The maximum level of management fees (exclusive of any performance fee) that may be charged by a collective investment scheme in which the Fund invests is 2% per annum of the net asset value of that scheme.
The Sub-Investment Adviser generally takes a “bottom-up” approach to building portfolios. In other words, they seek to identify strong businesses with sustainable competitive advantages and improving returns on capital. The Fund follows an investment strategy in which companies are considered principally on their own fundamental qualitative and quantitative characteristics. Commonly referred to as stock picking or bottom-up investing, portfolios of fundamental-based investment funds are built one security at a time following intensive in-house research into each company. Areas of research focus can include the company's management, financials, competitive strengths and weaknesses, earnings growth prospects and numerous other metrics. This approach rests on a belief that some companies have inherent strengths for creating shareholder value over time, have superior prospects to their peer groups and should therefore outperform even in challenging industry and economic circumstances. The purpose of a fundamental investment approach is to identify and invest in such companies.
The Fund may invest in financial derivative instruments for efficient portfolio management purposes. The Fund’s investment in financial derivative instruments will be subject to the limits set out within the Fund’s investment policy and the conditions and limits from time to time laid down by the Central Bank. There will be circumstances in which the Fund will be leveraged in using financial derivative instruments. The Fund is permitted to invest up to 100% of its net asset value in financial derivative instruments for investment purposes. The market risk of the Fund is measured using the VaR methodology, the Fund’s leverage is calculated using the sum of the notionals of the derivatives held by the Fund, details of the leverage are disclosed herein in the Fund’s investment policies. However, Shareholders should note that, given the nature of financial derivative instruments and the fact that such instruments may be traded on margin, a relatively small adverse price movement in the underlying of a given financial derivative instrument may result in immediate and substantial
movements in the exposure a Fund to that financial derivative instrument. In the event that any of the financial derivative instruments related exposure limits are exceeded for reasons beyond the control of the Fund, the Fund will remedy such situation as a priority, taking due account of the interests of its Shareholders.

##### USE OF TEMPORARY DEFENSIVE MEASURES
In certain circumstances, on a temporary and exceptional basis, when the Investment Adviser or Sub- Investment Adviser deems it to be in the best interests of Shareholders, the Fund may not adhere to its investment policies as disclosed above. For further information, see "Use of temporary defensive measures" in the Prospectus.

##### PROFILE OF A TYPICAL INVESTOR
The Fund is available to a wide range of investors seeking access to a portfolio managed in accordance with a specific investment objective and policy.
A potential investor should choose the Class that best suits such investor’s needs. When choosing a Class, potential investors should consider the following:
- How much the investor plans to invest;
- How long the investor expects to own the Shares;
- The expenses paid in respect of each Class;
- Whether the investor qualifies for any reduction or waiver of sales charges; and
- The currency of the share class.


##### INVESTMENT RESTRICTIONS
The Fund’s investments will be limited to investments permitted by the UCITS Regulations and other applicable restrictions as set out in Appendix 4 to the Prospectus.

##### USE	OF	INVESTMENT	TECHNIQUES	AND	INSTRUMENTS	AND	FINANCIAL	DERIVATIVE INSTRUMENTS
Subject to the ability of the Fund to invest up to 100% of its net asset value in financial derivative instruments for investment purposes, as set out under “Investment Objective and Policies” above, the Sub-Investment Adviser may only employ investment techniques and instruments, such as trading in futures, options and swaps and other financial derivative instruments for efficient portfolio management (i.e. reduction of risk, reduction of costs, generation of additional capital or income for the Fund) and the Sub-Investment Adviser is required to comply with the conditions and limits from time to time laid down by the Central Bank. Further information is set out under “Use of Investment Techniques and Instruments and Financial Derivatives Instruments” and “Types and description of financial derivative instruments” in the Prospectus.
The Fund will utilise the VaR approach to calculation of global exposure. The VaR method will be used by the Fund to assist in qualitatively assessing and monitoring the Fund’s risk.

##### SECURITIES FINANCING TRANSACTIONS REGULATIONS
As more particularly described under “Securities Financing Transactions Regulation” in the Prospectus, subject to the investment restrictions set out in Appendix 4 to the Prospectus and any investment restriction set out in the section of the Supplement entitled “Investment Objective and Policies”: (a) with respect to permitted investments in total return swaps, the Fund can invest a maximum of 100% of its Net Asset Value; and (b) the Fund can invest a maximum of 100% of its Net Asset Value in Securities Financing Transactions. Subject to the above limits, it is expected that the Fund will generally invest in the range of 0 - 20% if its Net Asset Value in total return swaps and Securities Financing Transactions.

##### RISK FACTORS AND SPECIAL CONSIDERATIONS
Investors’ attention is drawn to the risk factors and other special considerations which may affect the Fund as set out under “Risk factors and special considerations” in the Prospectus. This does not purport to be an
exhaustive list of the risk factors relating to investment in the Fund and investors’ attention is drawn to the description of the instruments set out in the section entitled “Investment Objective and Policies”, above.

##### DISTRIBUTION POLICY
As more particularly described under “The Shares” in the Prospectus and in the section of the Supplement entitled “Classes of Shares”, Distributing Share Classes may differ in terms of their distribution frequency. Distributing Share Classes may distribute monthly, quarterly, semi-annually or annually as determined at the launch of the relevant Share Class. The distribution frequency of Share Classes are set out in the table below:
| Frequency of Distribution | Dates of Distribution Declaration |
| --- | --- |
| Accumulating Share Classes |
| Not applicable | Not applicable |
| Distributing Share Classes |
| Monthly | Monthly, normally on the fifteenth day of each month unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Quarterly | Quarterly, normally on 15 January, 15 April, 15 July and 15 October unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Semi-annually | Semi-annually, normally on 15 April and 15 October unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Annually | Annually, normally on 15 October unless it is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned date. |


##### TRADE CUT-OFF AND SETTLEMENT TIMES
Subscription orders for Shares received and accepted by or on behalf of the Transfer Agent or the Company and/or the Manager prior to the Trade Cut-Off Times on a Business Day specified in the tables below will be processed at the offering price determined on that Business Day. Subscription orders to subscribe for Shares received by or on behalf of the Transfer Agent or the Company and/or the Manager after the Trade Cut-Off Time on the relevant Business Day will be processed at the offering price determined on the next Business Day. If payment for subscription orders is not received by the relevant Settlement Time, a subscription may be cancelled or the Shareholder may be charged interest on the outstanding subscription monies at normal commercial rates. In such an event, the Distribution Agent or the Shareholder may be liable for any loss to the Fund.
Processing of redemption orders is subject to receipt and acceptance by or on behalf of the Administrator or the Company of a valid redemption order. Subject to the provisions set out under “Limitations on Redemptions” in the Prospectus, redemption orders received and accepted by or on behalf of the Transfer Agent or by the Company and/or the Manager prior to the Trade Cut-Off Time on a Business Day will be processed at the net asset value per Share determined on that Business Day.
| Subscription | Trade cut-off Time | Settlement Time |
| --- | --- | --- |
| Subscriptions (other than Class Z Shares) | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |
| Subscriptions made directly to the Transfer Agent by Qualifying Institutional Investors/Class Z Shares | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | 3:30pm, London time on T |
| Redemption | Trade cut-off Time | Settlement Time |
| All Redemptions | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |


##### THE SUB-INVESTMENT ADVISER
The Manager has appointed JCIL to be the Company’s investment adviser. As at the date of this Supplement, JCIL has delegated to JCM responsibility for providing discretionary investment management and advisory services in respect of the whole or part of the assets of the Fund.

##### FEES AND EXPENSES
Details of the fees and expenses attaching to an investment in a Fund (including initial sales charges, CDSCs, dilution adjustment, investment management fees and distribution fees) are set out in the section entitled “Fees and Expenses” in the Prospectus and a summary of which is set out below. The Fees and Expenses to Capital Share Classes may charge certain fees and expenses to capital rather than income.
| Fee Type | Class A Shares | Class B Shares | Class E Shares | Class G Shares | Class H Shares | Class I Shares | Class S Shares | Class V Shares | Class Z Shares |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Initial Sales Charge | Up to 5.00% of the amount subscribed | N/A | Up to 3.00% of the amount subscribed | N/A | N/A | Up to 2.00% of the amount subscribed | Up to 2.00% of the amount subscribed | N/A | N/A |
| CDSC < 1 year since purchase 1-2 years 2-3 years 3-4 years >4 years since purchase | N/A | 4% 3% 2% 1% 0% | N/A | N/A | N/A | N/A | N/A | 3% 2% 1% 0% - | N/A |
| Shareholder Service Fees | Up to 0.20% of net asset value | Up to 0.75% of net asset value | Up to 1.25% of net asset value | N/A | N/A | N/A | N/A | Up to 0.75% of net asset value | N/A |
| Distribution Fees | N/A | Up to 1.00% of net asset value | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investment Management Fee | Up to 0.50% of net asset value. | Up to 0.65% of net asset value. | Up to 0.65% of net asset value.. | Up to 0.50% of net asset value. | Up to 0.50% of net asset value. | Up to 0.50% of net asset value. | Up to 0.50% of net asset value. | Up to 0.65% of net asset value. | See Prospectus |
| Performance Fee | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |

| Fee Type | Class A Shares | Class B Shares | Class E Shares | Class G Shares | Class H Shares | Class I Shares | Class S Shares | Class V Shares | Class Z Shares |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Fee and Expenses Cap | 1.45% of net asset value | N/A | 2.40% of net asset value | 0.75% of net asset value | 0.75% of net asset value | 0.75% of net asset value | 0.75% of net asset value | 1.90% of net asset value | See Prospectus |


##### DILUTION ADJUSTMENT
A dilution adjustment may be applied to the Net Asset Value per Share of the Fund on a dealing day (i) if net subscriptions or redemptions exceed a pre-determined threshold relating to the Fund’s Net Asset Value (where such a threshold has been pre-determined for the Fund from time to time by the Manager) or (ii) in any other cases where there are net subscriptions or redemptions in the Fund and the Manager or its delegate reasonably believes that imposing a dilution adjustment is in the best interests of existing Shareholders.

##### CLASSES OF SHARES
As more particularly described in the Prospectus under “The Shares”, the Company offers 11 Classes of Shares with various distribution policies, distribution frequencies, hedging policies and currencies in each Class. The name of each Class of Shares offered by the Company enables Shareholders to identify the distribution policy, distribution frequency, hedging policy and currency of a Class by reference to sub- classifications. The table below sets out details of the Classes of Shares approved by the Central Bank, and the Classes which are available for purchase as at the date of this Supplement.
Where a Class of Shares in any Fund has not previously been issued or is being re-offered, then initial subscriptions for such Shares will be accepted: (i) on such date(s) to be determined by the Manager and notified in advance to the Central Bank; and (ii) the initial offer price and re-offer price as set out in the Prospectus under “Initial offers of share classes”. Alternatively, in the case of a Fund which already has one or more Classes of Shares in issue, the initial offer price per Share for subsequent Classes of Shares issued in respect of that Fund may be the net asset value per Share of such other Class of Shares of that Fund as may be determined by the Manager and notified in advance to the Central Bank and potential Shareholders.
| SHARE CLASSES approved by the Central Bank as at the date of this Supplement |
| --- |
| US Dollar Classes | Euro Classes | Pound Sterling Classes | Hong Kong Dollar Classes | Australia Dollar Classes | Swiss Franc Classes | Canadian Dollar Classes | Renminbi (CNH) Classes | Swedish Kronor Classes | New Zealand dollar Classes | Singapore Dollar Classes |
| A2 USD B2 USD E2 USD I2 USD H2 USD G2 USD V2 USD Z2 USD Z1 USD | A2 HEUR B2 HEUR E2 HEUR I2 HEUR H2 HEUR G2 HEUR V2 HEUR Z2 EUR | I2 HGBP I2 GBP H2 HGBP H2 GBP G2 HGBP G2 GBP Z2 GBP Z2 HGBP | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD | A2 HCHF I2 HCHF S2 HCHF HS HCHF G2 HCHF Z2 CHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD |


###### Supplement for the

###### Janus Henderson Global Adaptive Multi-Asset Fund
The date of this Supplement is 26 February 2021.

###### This Supplement contains information specific to the Janus Henderson Global Adaptive Multi Asset Fund (the “Fund”), a sub-fund of Janus Henderson Capital Funds plc (the “Company”). The Company is a UCITS established as an umbrella investment company with segregated liability between Funds with variable capital incorporated in Ireland and regulated by the Central Bank.

###### This Supplement forms part of and should be read in conjunction with the latest Prospectus. The Prospectus may be revised or supplemented from time to time. All capitalised terms used in this Supplement and not otherwise defined herein shall have the meanings set forth in the Prospectus.

##### SUMMARY

###### The information set out under this heading is a summary of the principal features of the Fund, and should be read in conjunction with the full text of the Supplement.
| Classes of Shares | Details of the Classes of Shares are set out in the section below entitled “Classes of Shares”. |
| --- | --- |
| Investors should note that, as at the date of this Supplement, only certain Classes of Shares of the Fund are currently available for purchase. Furthermore, not all Classes of Shares are available in all jurisdictions and investors are requested to contact the relevant Distribution Agent for a list of Classes of Shares available to them. |
| Frequency of Subscriptions, Redemptions and Exchanges | Unless otherwise determined by the Directors and/or the Manager, subscriptions for and redemptions and exchanges of Shares may be made on any Business Day subject to the procedures described in the sections of the Prospectus entitled “How to Purchase Shares”, “How to Redeem Shares” and “How to Exchange or Transfer Shares”. |
| Minimum Subscriptions | The minimum initial and subsequent subscriptions applicable to each Class within the Fund are set out in the section entitled “How to purchase shares” in the Prospectus. |
| Suitability of Classes | Suitability of Classes and eligibility of investors for particular Classes are described in the section entitled “The Shares” in the Prospectus. |
| Base Currency | US Dollar |


##### INVESTMENT OBJECTIVE AND POLICIES
The Fund’s investment objective is to seek to achieve total return through growth of capital and income. It pursues its objective by allocating its assets across a portfolio of equities (also known as company shares), fixed-income and commodities asset classes located anywhere in the world (including Developing Markets). The Fund will have the flexibility to shift these allocations and may invest up to 100% of its assets in any of these asset classes depending on market conditions. The Fund may make significant use of financial derivative instruments. The Fund uses a variety of investments to gain exposure to different asset classes by investing at least 51% of its net asset value in equities, Debt Securities, Government Securities and exchange- traded funds. The Fund’s exposure to commodities may include investment in exchange traded commodities, exchange traded notes, commodity index future contracts, options and swaps which provide exposure to the Commodity Indices provided such instruments are in accordance with the requirement of the Central Bank. The exchange traded notes in which the Fund may invest may contain embedded derivatives and/or leverage. These securities will be from issuers located anywhere in the world. It is expected that the Fund will be broadly diversified among a variety of industries and sectors.
Financial derivative instruments will be used where direct purchase would not be possible or would be less efficient and may be used to hedge, increase or decrease currency exposures, increase or decrease equity exposures within countries or sectors, increase or decrease fixed income exposure to specific countries, increase or decrease exposure to interest rates or a specific currency or country, get exposure to a country’s or currency’s yield curve (which shows the bond yield for different maturities), dynamically manage and limit volatility, manage exposure to interest rate, sovereign and credit risk, hedge instruments with inflation sensitivity, gain exposure to a country specific real interest rates.
The Fund may also employ investment techniques and instruments (trading in futures, options, swaps, swaptions, credit default swaps (both single name and indices) and forward currency exchange contracts) for efficient portfolio management (i.e. reduction of risk, reduction of costs, generation of additional capital or income for the Fund) or for investment purposes as described in the “Types and Description of Financial Derivative Instruments” section in the Prospectus, subject to the conditions and within the limits from time to time laid down by the Central Bank to gain or hedge exposure to the investments contemplated in these investment policies.
Performance target: To outperform the composite benchmark comprising (60% MSCI All Country World Index/ 40% Bloomberg Barclays Global Aggregate Bond Index) by 1% per annum, before the deduction of charges, over any 5 year period.
The Fund is Actively Managed with reference to the composite benchmark (60% MSCI All Country World Index
/ 40% Bloomberg Barclays Global Aggregate Bond Index), which is broadly representative of the assets in which it may invest, as this forms the basis of the Fund's performance target. The Sub-Investment Adviser has a high degree of freedom to choose individual investments for the Fund. The Sub-Investment Adviser uses various selection criteria which will be afforded greater or lesser focus depending upon current economic conditions. Details of the Fund’s performance are available in the annual reports and semi-annual reports, the marketing materials and in the KIID. There is no guarantee that the Fund’s performance will match or exceed that benchmark.
The Fund will make significant use of financial derivative instruments. The market risk of the Fund will be measured using the VaR methodology. The absolute VaR of the Fund will not exceed 14.1% of the Fund’s Net Asset Value. It is expected that under normal market conditions, the Fund’s leverage, as calculated using the sum of the notionals of the derivatives held by the Fund (the “Notionals Approach”), will be less than 400% of the Fund’s Net Asset Value, and is expected to typically range from 0% to 400% of the Fund’s Net Asset Value, with an expected average exposure of 150% to 300%. Under exceptional circumstances, it is expected that the Fund may be leveraged up to 700% (using the Notionals Approach) of the Fund’s Net Asset Value. Exceptional circumstances may include periods characterised by (i) lack of liquidity, particularly in securities listed, traded or dealt on a Regulated Market, causing the Sub-Investment Adviser to seek exposure in derivatives markets; (ii) volatility where the Sub-Investment Adviser seek to hedge or be opportunistic while respecting the investment policies and restrictions applicable to the Fund; or (iii) imperfect correlations and unanticipated market conditions. If the Fund uses a high amount of leverage, especially the higher amount permitted in exceptional circumstances, it may have greater losses that would have occurred absent the high leverage. The leverage figure is calculated using the Notional Approach as is required by the UCITS Regulations. The notional value of the investments varies significantly from their market value which is why the leverage limits are high. These leverage limits do not take into account any netting and hedging arrangements that the Fund may have in place at any time even though these netting and hedging arrangements are used for risk reduction purposes.

###### Due to its exposure to Developing Markets and below investment grade securities, an investment in the Fund should not constitute a substantial proportion of an investment portfolio and may not be appropriate for all investors.
The Fund may invest directly in equities or indirectly in equities through the use of financial derivative instruments. The Fund may invest significantly in equities, consistent with the percentage limits outlined herein, to the extent that the relevant Sub-Investment Adviser believes that the relevant market environment favours profitable investing in such securities. Securities are generally selected by the relevant Sub- Investment Adviser without regard to any defined industry sector or other similarly defined selection procedure, and the Fund does not intend to specialise in any particular industry sector.
In investing in Debt Securities, there is no limit on the amount that may be invested by the Fund in mortgage and asset-backed securities issued or guaranteed by any OECD government, its agencies or instrumentalities or by private issuers, which may be rated below investment grade by the primary rating agencies. In addition the Fund may also invest in any of the types of transferable securities, and participations in or assignments of floating rate mortgages or other commercial loans, to the extent and as set forth in this section of the Supplement.
The Fund follows an allocation strategy whereby the Sub-Investment Adviser, subject to the Fund’s investment objective and policies, has the flexibility to allocate between underlying investments at their discretion and in response to changes in the investment markets and combining multiple asset classes/providing investors with a mix of asset classes.
Realisation of income is a significant investment consideration for the Fund to the extent that it is invested in transferable securities referred to in this section of the Supplement.
The percentage of the Fund’s assets invested in equities will vary and, depending on market conditions as determined by the Sub-Investment Adviser, the Fund may hold ancillary liquid assets or short-term interest bearing securities in its portfolio, such as Government Securities or Debt Securities. The Fund may invest to a lesser degree in other types of securities including preference shares, Government Securities, Debt Securities, warrants and securities convertible into equities when the relevant Sub-Investment Adviser perceives an opportunity for capital growth from such securities. There is no limit on the permitted investment by the Fund, in Debt Securities or Government Securities rated below investment grade. The Fund may invest directly or indirectly (i.e. through depositary receipts including American Depositary Receipts, European Depositary Receipts and Global Depositary Receipts) in the relevant markets. The Fund may also invest up to 5% of its net asset value in zero coupon, pay-in-kind and Step Coupon Securities, and without limit in Index/Structured Securities. Pay-in-kind bonds are bonds which may pay interest in the form of additional bonds of the same kind.
The Fund may invest up to 100% of its net asset value in the securities of other Eligible Collective Investment Schemes. Investment by the Fund in any one Eligible Collective Investment Scheme shall not exceed 20% of its net asset value. Such investment includes investing in other Funds. However the Fund may not invest in another Fund which itself holds Shares in other Funds. Where the Fund invests in another Fund, the Fund may not charge an annual management and/or investment management fee in respect of the portion of its assets invested in the other Fund. The maximum level of management fees (exclusive of any performance fee) that may be charged by a collective investment scheme in which the Fund invests is 2% per annum of the net asset value of that scheme.
The Sub-Investment Adviser generally takes a “bottom-up” approach to building portfolios. In other words, they seek to identify strong businesses with sustainable competitive advantages and improving returns on capital. The Fund follows an investment strategy in which companies are considered principally on their own fundamental qualitative and quantitative characteristics. Commonly referred to as stock picking or bottom-up investing, portfolios of fundamental-based investment funds are built one security at a time following intensive in-house research into each company. Areas of research focus can include the company's management, financials, competitive strengths and weaknesses, earnings growth prospects and numerous other metrics. This approach rests on a belief that some companies have inherent strengths for creating shareholder value over time, have superior prospects to their peer groups and should therefore outperform even in challenging industry and economic circumstances. The purpose of a fundamental investment approach is to identify and invest in such companies.
The Fund may invest in financial derivative instruments for efficient portfolio management purposes. The Fund’s investment in financial derivative instruments will be subject to the limits set out within the Fund’s investment policy and the conditions and limits from time to time laid down by the Central Bank. There will be circumstances in which the Fund will be leveraged in using financial derivative instruments. The Fund is permitted to invest up to 100% of its net asset value in financial derivative instruments for investment purposes. The market risk of the Fund is measured using the VaR methodology, the Fund’s leverage is calculated using the sum of the notionals of the derivatives held by the Fund, details of the leverage are disclosed herein in the Fund’s investment policies. However, Shareholders should note that, given the nature of financial derivative instruments and the fact that such instruments may be traded on margin, a relatively small adverse price movement in the underlying of a given financial derivative instrument may result in immediate and substantial
movements in the exposure a Fund to that financial derivative instrument. In the event that any of the financial derivative instruments related exposure limits are exceeded for reasons beyond the control of the Fund, the Fund will remedy such situation as a priority, taking due account of the interests of its Shareholders.

##### USE OF TEMPORARY DEFENSIVE MEASURES
In certain circumstances, on a temporary and exceptional basis, when the Investment Adviser or Sub- Investment Adviser deems it to be in the best interests of Shareholders, the Fund may not adhere to its investment policies as disclosed above. For further information, see "Use of temporary defensive measures" in the Prospectus.

##### PROFILE OF A TYPICAL INVESTOR
The Fund is available to a wide range of investors seeking access to a portfolio managed in accordance with a specific investment objective and policy.
A potential investor should choose the Class that best suits such investor’s needs. When choosing a Class, potential investors should consider the following:
- How much the investor plans to invest;
- How long the investor expects to own the Shares;
- The expenses paid in respect of each Class;
- Whether the investor qualifies for any reduction or waiver of sales charges; and
- The currency of the share class.


##### INVESTMENT RESTRICTIONS
The Fund’s investments will be limited to investments permitted by the UCITS Regulations and other applicable restrictions as set out in Appendix 4 to the Prospectus.

##### USE	OF	INVESTMENT	TECHNIQUES	AND	INSTRUMENTS	AND	FINANCIAL	DERIVATIVE INSTRUMENTS
Subject to the ability of the Fund to invest up to 100% of its net asset value in financial derivative instruments for investment purposes, as set out under “Investment Objective and Policies” above, the Sub-Investment Adviser may only employ investment techniques and instruments, such as trading in futures, options and swaps and other financial derivative instruments for efficient portfolio management (i.e. reduction of risk, reduction of costs, generation of additional capital or income for the Fund) and the Sub-Investment Adviser is required to comply with the conditions and limits from time to time laid down by the Central Bank. Further information is set out under “Use of Investment Techniques and Instruments and Financial Derivatives Instruments” and “Types and description of financial derivative instruments” in the Prospectus.
The Fund will utilise the VaR approach to calculation of global exposure. The VaR method will be used by the Fund to assist in qualitatively assessing and monitoring the Fund’s risk.

##### SECURITIES FINANCING TRANSACTIONS REGULATIONS
As more particularly described under “Securities Financing Transactions Regulation” in the Prospectus, subject to the investment restrictions set out in Appendix 4 to the Prospectus and any investment restriction set out in the section of the Supplement entitled “Investment Objective and Policies”: (a) with respect to permitted investments in total return swaps, the Fund can invest a maximum of 100% of its Net Asset Value; and (b) the Fund can invest a maximum of 100% of its Net Asset Value in Securities Financing Transactions. Subject to the above limits, it is expected that the Fund will generally invest in the range of 0 - 20% if its Net Asset Value in total return swaps and Securities Financing Transactions.

##### RISK FACTORS AND SPECIAL CONSIDERATIONS
Investors’ attention is drawn to the risk factors and other special considerations which may affect the Fund as set out under “Risk factors and special considerations” in the Prospectus. This does not purport to be an
exhaustive list of the risk factors relating to investment in the Fund and investors’ attention is drawn to the description of the instruments set out in the section entitled “Investment Objective and Policies”, above.

##### DISTRIBUTION POLICY
As more particularly described under “The Shares” in the Prospectus and in the section of the Supplement entitled “Classes of Shares”, Distributing Share Classes may differ in terms of their distribution frequency. Distributing Share Classes may distribute monthly, quarterly, semi-annually or annually as determined at the launch of the relevant Share Class. The distribution frequency of Share Classes are set out in the table below:
| Frequency of Distribution | Dates of Distribution Declaration |
| --- | --- |
| Accumulating Share Classes |
| Not applicable | Not applicable |
| Distributing Share Classes |
| Monthly | Monthly, normally on the fifteenth day of each month unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Quarterly | Quarterly, normally on 15 January, 15 April, 15 July and 15 October unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Semi-annually | Semi-annually, normally on 15 April and 15 October unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Annually | Annually, normally on 15 October unless it is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned date. |


##### TRADE CUT-OFF AND SETTLEMENT TIMES
Subscription orders for Shares received and accepted by or on behalf of the Transfer Agent or the Company and/or the Manager prior to the Trade Cut-Off Times on a Business Day specified in the tables below will be processed at the offering price determined on that Business Day. Subscription orders to subscribe for Shares received by or on behalf of the Transfer Agent or the Company and/or the Manager after the Trade Cut-Off Time on the relevant Business Day will be processed at the offering price determined on the next Business Day. If payment for subscription orders is not received by the relevant Settlement Time, a subscription may be cancelled or the Shareholder may be charged interest on the outstanding subscription monies at normal commercial rates. In such an event, the Distribution Agent or the Shareholder may be liable for any loss to the Fund.
Processing of redemption orders is subject to receipt and acceptance by or on behalf of the Administrator or the Company of a valid redemption order. Subject to the provisions set out under “Limitations on Redemptions” in the Prospectus, redemption orders received and accepted by or on behalf of the Transfer Agent or by the Company and/or the Manager prior to the Trade Cut-Off Time on a Business Day will be processed at the net asset value per Share determined on that Business Day.
| Subscription | Trade cut-off Time | Settlement Time |
| --- | --- | --- |
| Subscriptions (other than Class Z Shares) | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |
| Subscriptions made directly to the Transfer Agent by Qualifying Institutional Investors/Class Z Shares | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | 3:30pm, London time on T |
| Redemption | Trade cut-off Time | Settlement Time |
| All Redemptions | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |


##### THE SUB-INVESTMENT ADVISER
The Manager has appointed JCIL to be the Company’s investment adviser. As at the date of this Supplement, JCIL has delegated to JCM responsibility for providing discretionary investment management and advisory services in respect of the whole or part of the assets of the Fund.

##### FEES AND EXPENSES
Details of the fees and expenses attaching to an investment in a Fund (including initial sales charges, CDSCs, dilution adjustment, investment management fees and distribution fees) are set out in the section entitled “Fees and Expenses” in the Prospectus and a summary of which is set out below. The Fees and Expenses to Capital Share Classes may charge certain fees and expenses to capital rather than income.
| Fee Type | Class A Shares | Class B Shares | Class E Shares | Class G Shares | Class H Shares | Class I Shares | Class S Shares | Class V Shares | Class Z Shares |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Initial Sales Charge | Up to 5.00% of the amount subscribed | N/A | Up to 3.00% of the amount subscribed | N/A | N/A | Up to 2.00% of the amount subscribed | Up to 2.00% of the amount subscribed | N/A | N/A |
| CDSC < 1 year since purchase 1-2 years 2-3 years 3-4 years >4 years since purchase | N/A | 4% 3% 2% 1% 0% | N/A | N/A | N/A | N/A | N/A | 3% 2% 1% 0% - | N/A |
| Shareholder Service Fees | Up to 0.60% of net asset value | Up to 0.75% of net asset value | Up to 1.25% of net asset value | N/A | N/A | N/A | N/A | Up to 0.75% of net asset value | N/A |
| Distribution Fees | N/A | Up to 1.00% of net asset value | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investment Management Fee | Up to 0.90% of net asset value. | Up to 0.90% of net asset value. | Up to 0.90% of net asset value.. | Up to 0.80% of net asset value. | Up to 0.80% of net asset value. | Up to 0.80% of net asset value. | Up to 0.80% of net asset value. | Up to 0.90% of net asset value. | See Prospectus |
| Performance Fee | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |

| Fee Type | Class A Shares | Class B Shares | Class E Shares | Class G Shares | Class H Shares | Class I Shares | Class S Shares | Class V Shares | Class Z Shares |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Fee and Expenses Cap | 1.75% of net asset value | N/A | 2.90% of net asset value | 1.05% of net asset value | 1.05% of net asset value | 1.05% of net asset value | 1.05% of net asset value | 2.75% of net asset value | See Prospectus |


##### DILUTION ADJUSTMENT
A dilution adjustment may be applied to the Net Asset Value per Share of the Fund on a dealing day (i) if net subscriptions or redemptions exceed a pre-determined threshold relating to the Fund’s Net Asset Value (where such a threshold has been pre-determined for the Fund from time to time by the Manager) or (ii) in any other cases where there are net subscriptions or redemptions in the Fund and the Manager or its delegate reasonably believes that imposing a dilution adjustment is in the best interests of existing Shareholders.

##### CLASSES OF SHARES
As more particularly described in the Prospectus under “The Shares”, the Company offers 11 Classes of Shares with various distribution policies, distribution frequencies, hedging policies and currencies in each Class. The name of each Class of Shares offered by the Company enables Shareholders to identify the distribution policy, distribution frequency, hedging policy and currency of a Class by reference to sub- classifications. The table below sets out details of the Classes of Shares approved by the Central Bank, and the Classes which are available for purchase as at the date of this Supplement.
Where a Class of Shares in any Fund has not previously been issued or is being re-offered, then initial subscriptions for such Shares will be accepted: (i) on such date(s) to be determined by the Manager and notified in advance to the Central Bank; and (ii) the initial offer price and re-offer price as set out in the Prospectus under “Initial offers of share classes”. Alternatively, in the case of a Fund which already has one or more Classes of Shares in issue, the initial offer price per Share for subsequent Classes of Shares issued in respect of that Fund may be the net asset value per Share of such other Class of Shares of that Fund as may be determined by the Manager and notified in advance to the Central Bank and potential Shareholders.
| SHARE CLASSES approved by the Central Bank as at the date of this Supplement |
| --- |
| US Dollar Classes | Euro Classes | Pound Sterling Classes | Hong Kong Dollar Classes | Australia Dollar Classes | Swiss Franc Classes | Canadian Dollar Classes | Renminbi (CNH) Classes | Swedish Kronor Classes | New Zealand dollar Classes | Singapore Dollar Classes |
| A2 USD B2 USD E2 USD I2 USD S2 USD H2 USD G2 USD V2 USD Z2 USD | A2 HEUR B2 HEUR E2 HEUR I2 HEUR S2 HEUR H2 HEUR G2 HEUR V2 HEUR Z2 EUR | I2 HGBP I2 GBP S2 HGBP H2 HGBP H2 GBP G2 HGBP G2 GBP Z2 GBP Z2 HGBP | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF G2 HCHF Z2 CHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD |


###### Supplement for the

###### Janus Henderson Global Life Sciences Fund
The date of this Supplement is 26 February 2021.

###### This Supplement contains information specific to the Janus Henderson Global Life Sciences Fund (the “Fund”), a sub-fund of Janus Henderson Capital Funds plc (the “Company”). The Company is a UCITS established as an umbrella investment company with segregated liability between Funds with variable capital incorporated in Ireland and regulated by the Central Bank.

###### This Supplement forms part of and should be read in conjunction with the latest Prospectus. The Prospectus may be revised or supplemented from time to time. All capitalised terms used in this Supplement and not otherwise defined herein shall have the meanings set forth in the Prospectus.

##### SUMMARY

###### The information set out under this heading is a summary of the principal features of the Fund, and should be read in conjunction with the full text of the Supplement.
| Classes of Shares | Details of the Classes of Shares are set out in section below entitled “Classes of Shares”. |
| --- | --- |
| Investors should note that, as at the date of this Supplement, only certain Classes of Shares of the Fund are currently available for purchase. Furthermore, not all Classes of Shares are available in all jurisdictions and investors are requested to contact the relevant Distribution Agent for a list of Classes of Shares available to them. |
| Frequency of Subscriptions, Redemptions and Exchanges | Unless otherwise determined by the Directors and/or the Manager, subscriptions for and redemptions and exchanges of Shares may be made on any Business Day subject to the procedures described in the sections of the Prospectus entitled “How to Purchase Shares”, “How to Redeem Shares” and “How to Exchange or Transfer Shares”. |
| Minimum Subscriptions | The minimum initial and subsequent subscriptions applicable to each Class within the Fund are set out in the section entitled “How to purchase shares” in the Prospectus. |
| Suitability of Classes | Suitability of Classes and eligibility of investors for particular Classes are described in the section entitled “The Shares” in the Prospectus. |
| Base Currency | US Dollar |


##### INVESTMENT OBJECTIVE AND POLICIES
The Fund’s investment objective is long-term growth of capital. It pursues its objective by investing at least 80% of its net asset value in equities (also known as company shares) located anywhere in the world and selected for their growth potential. The Fund will invest at least 80% of its net asset value in companies that the relevant Sub-Investment Adviser believes have a life sciences orientation. Generally speaking, the “life sciences” relate to maintaining or improving quality of life. Thus, companies with a “life sciences orientation” include companies engaged in research, development, production or distribution of products or services related to health and personal care, medicine or pharmaceuticals. Such companies may also include companies that the relevant Sub-Investment Adviser believes have growth potential mainly as a result of particular products, technology, patents or other market advantages in the life sciences.
The Fund may employ investment techniques and instruments for investment purposes, such as trading in futures, options and swaps and other financial derivative instruments, subject to a limit of up to 10% of its net asset value and subject to the conditions and within the limits from time to time laid down by the Central Bank. The Sub-Investment Adviser may invest in companies of any size, from larger, well-established companies to
smaller, emerging growth companies. The Fund may invest in companies located anywhere in the world (including Developing Markets) but the aggregate amount of the Fund which may be invested in securities traded on the Developing Markets is 20% of the net asset value of the Fund and no more than 10% of the net asset value of the Fund may be invested in securities traded on any one Developing Market. The Sub- Investment Adviser typically takes a balanced approach in allocating across sub-sectors which include, but are not limited to, biotechnology, pharmaceuticals, health care services and medical devices.
Performance target: To outperform the MSCI World Health Care Index by at least 2% per annum, before the deduction of charges, over any 5 year period.
The Fund is Actively Managed with reference to the MSCI World Health Care Index, which is broadly representative of the companies in which it may invest, as this forms the basis of the Fund's performance target. The Sub-Investment Adviser has discretion to choose individual investments for the Fund with weightings different to the index or not in the index, but at times the Fund may hold investments similar to the index. Details of the Fund’s performance are available in the annual reports and semi-annual reports, the marketing materials and in the KIID. There is no guarantee that the Fund’s performance will match or exceed that benchmark.
The Sub-Investment Adviser generally takes a “bottom-up” or stock picking approach to building a portfolio of investments which are built one security at a time following in house research into each company. Companies are considered principally on their own fundamental qualitative and quantitative characteristics. The Sub- Investment Adviser looks to identify innovative healthcare companies addressing high unmet medical needs. The team understands that success of drug development is binary in nature, creating wide disparities between winners and losers. The investment process leverages proprietary statistical models to analyse the probability of a company's success, focusing on products they believe can overcome the rigours of clinical development. Additional tools, such as physician surveys and prescription models, attempt to more accurately predict commercial viability.
The Fund may invest up to 10% of its net asset value in mortgage- and asset-backed securities issued or guaranteed by any OECD government, its agencies or instrumentalities or by private issuers and which may be rated below investment grade by the primary rating agencies.
The Fund may invest substantially all of its assets in equities to the extent that the relevant Sub-Investment Adviser believes that the relevant market environment favours profitable investing in those securities.
Realisation of income is not a significant investment consideration for the Fund.
The percentage of the Fund’s assets invested in equities will vary and, depending on market conditions as determined by the Sub-Investment Adviser, the Fund may hold ancillary liquid assets or short-term interest bearing securities in its portfolio, such as Government Securities or Debt Securities. The Fund may invest to a lesser degree in other types of securities including preference shares, Government Securities, Debt Securities, warrants and securities convertible into equities when the relevant Sub-Investment Adviser perceives an opportunity for capital growth from such securities. The Fund may invest up to 15% of its net asset value in Debt Securities (including high yield/high-risk bonds) or Government Securities rated below investment grade. The Fund may invest directly or indirectly (i.e. through depositary receipts including American Depositary Receipts, European Depositary Receipts and Global Depositary Receipts) in the relevant markets. The Fund may also invest up to 5% of its net asset value in zero coupon, pay-in-kind and Step Coupon Securities, and without limit in Index/Structured Securities. Pay-in-kind bonds are bonds which may pay interest in the form of additional bonds of the same kind.
The Fund may invest up to 5% of its net asset value in the securities of other Eligible Collective Investment Schemes. Such investment includes investing in other Funds. However the Fund may not invest in another Fund which itself holds Shares in other Funds. Where the Fund invests in another Fund, the investing Fund may not charge an annual management and/or investment management fee in respect of the portion of its assets invested in the other Fund.
The Sub-Investment Adviser generally takes a “bottom-up” approach to building portfolios. In other words, they seek to identify strong businesses with sustainable competitive advantages and improving returns on capital. The Fund follows an investment strategy in which companies are considered principally on their own
fundamental qualitative and quantitative characteristics. Commonly referred to as stock picking or bottom-up investing, portfolios of fundamental-based investment funds are built one security at a time following intensive in-house research into each company. Areas of research focus can include the company's management, financials, competitive strengths and weaknesses, earnings growth prospects and numerous other metrics. This approach rests on a belief that some companies have inherent strengths for creating shareholder value over time, have superior prospects to their peer groups and should therefore outperform even in challenging industry and economic circumstances. The purpose of a fundamental investment approach is to identify and invest in such companies.
The Fund may invest in financial derivative instruments for efficient portfolio management purposes. The Fund’s investment in financial derivative instruments will be subject to the limits set out within the Fund’s investment policy and the conditions and limits from time to time laid down by the Central Bank. There will be circumstances in which the Fund will be leveraged in using financial derivative instruments. The Fund is permitted to invest up to 10% of its net asset value in financial derivative instruments for investment purposes. The maximum amount of leverage, when calculated using the commitment approach, which the Fund can create through the use of financial derivative instruments is 100% of the net asset value of the Fund. Where the market risk of the Fund is measured using the VaR methodology, the Fund’s leverage is calculated using the sum of the notionals of the derivatives held by the Fund. However, Shareholders should note that, given the nature of financial derivative instruments and the fact that such instruments may be traded on margin, a relatively small adverse price movement in the underlying of a given financial derivative instrument may result in immediate and substantial movements in the exposure a Fund to that financial derivative instrument. In the event that any of the financial derivative instruments related exposure limits are exceeded for reasons beyond the control of the Fund, the Fund will remedy such situation as a priority, taking due account of the interests of its Shareholders.

##### USE OF TEMPORARY DEFENSIVE MEASURES
In certain circumstances, on a temporary and exceptional basis, when the Investment Adviser and Sub- Investment Adviser deems it to be in the best interests of Shareholders, the Fund may not adhere to its investment policies as disclosed above. For further information, see "Use of temporary defensive measures" in the Prospectus.

##### PROFILE OF A TYPICAL INVESTOR
The Fund is available to a wide range of investors seeking access to a portfolio managed in accordance with a specific investment objective and policy.
A potential investor should choose the Class that best suits such investor’s needs. When choosing a Class, potential investors should consider the following:
- How much the investor plans to invest;
- How long the investor expects to own the Shares;
- The expenses paid in respect of each Class;
- Whether the investor qualifies for any reduction or waiver of sales charges; and
- The currency of the share class.


##### INVESTMENT RESTRICTIONS
The Fund’s investments will be limited to investments permitted by the UCITS Regulations and other applicable restrictions as set out in Appendix 4 to the Prospectus.

##### USE	OF	INVESTMENT	TECHNIQUES	AND	INSTRUMENTS	AND	FINANCIAL	DERIVATIVE INSTRUMENTS
Subject to the ability of the Fund to invest up to 10% of its net asset value in financial derivative instruments for investment purposes, as set out under “Investment Objective and Policies” above, the Sub-Investment Adviser may only employ investment techniques and instruments, such as trading in futures, options and swaps and other financial derivative instruments for efficient portfolio management (i.e. reduction of risk, reduction of costs, generation of additional capital or income for the Fund) and the Sub-Investment Adviser is
required to comply with the conditions and limits from time to time laid down by the Central Bank. Further information is set out under “Use of Investment Techniques and Instruments and Financial Derivatives Instruments” and “Types and description of financial derivative instruments” in the Prospectus.
The primary method of calculation of global exposure for the Fund is the commitment approach method. However, the VaR model may be employed where there is a higher volume or more complex usage of derivative strategies or there is a change in the risk profile of the Fund.

##### SECURITIES FINANCING TRANSACTIONS REGULATIONS
As more particularly described under “Securities Financing Transactions Regulation” in the Prospectus, subject to the investment restrictions set out in Appendix 4 to the Prospectus and any investment restriction set out in the section of the Supplement entitled “Investment Objective and Policies”: (a) with respect to permitted investments in total return swaps, the Fund can invest a maximum of 10% of its Net Asset Value; and (b) the Fund can invest a maximum of 100% of its Net Asset Value in Securities Financing Transactions. Subject to the above limits, it is expected that the Fund will generally invest in the range of 0 - 20% if its Net Asset Value in total return swaps and Securities Financing Transactions.

##### RISK FACTORS AND SPECIAL CONSIDERATIONS
Investors’ attention is drawn to the risk factors and other special considerations which may affect the Fund as set out under “Risk factors and special considerations” in the Prospectus. This does not purport to be an exhaustive list of the risk factors relating to investment in the Fund and investors’ attention is drawn to the description of the instruments set out in the section entitled “Investment Objectives and Policies”, above.

##### DISTRIBUTION POLICY
As more particularly described under “The Shares” in the Prospectus and in the section of the Supplement entitled “Classes of Shares”, Distributing Share Classes may differ in terms of their distribution frequency. Distributing Share Classes may distribute monthly, quarterly, semi-annually or annually as determined at the launch of the relevant Share Class. The distribution frequency of Share Classes are set out in the table below:
| Frequency of Distribution | Dates of Distribution Declaration |
| --- | --- |
| Accumulating Share Classes |
| Not applicable | Not applicable |
| Distributing Share Classes |
| Monthly | Monthly, normally on the fifteenth day of each month unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Quarterly | Quarterly, normally on 15 January, 15 April, 15 July and 15 October unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Semi-annually | Semi-annually, normally on 15 April and 15 October unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |

| Annually | Annually, normally on 15 April unless it is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned date. |
| --- | --- |


##### TRADE CUT-OFF AND SETTLEMENT TIMES
Subscription orders for Shares received and accepted by or on behalf of the Transfer Agent or the Company and/or the Manager prior to the Trade Cut-Off Times on a Business Day specified in the tables below will be processed at the offering price determined on that Business Day. Subscription orders to subscribe for Shares received by or on behalf of the Transfer Agent or the Company and/or the Manager after the Trade Cut-Off Time on the relevant Business Day will be processed at the offering price determined on the next Business Day. If payment for subscription orders is not received by the relevant Settlement Time, a subscription may be cancelled or the Shareholder may be charged interest on the outstanding subscription monies at normal commercial rates. In such an event, the Distribution Agent or the Shareholder may be liable for any loss to the Fund.
Processing of redemption orders is subject to receipt and acceptance by or on behalf of the Transfer Agent or the Company and/or the Manager of a valid redemption order. Subject to the provisions set out under “Limitations on Redemptions” in the Prospectus, redemption orders received and accepted by or on behalf of the Transfer Agent or by the Company and/or the Manager prior to the Trade Cut-Off Time on a Business Day will be processed at the net asset value per Share determined on that Business Day.
| Subscription | Trade cut-off Time | Settlement Time |
| --- | --- | --- |
| Subscriptions (other than Class Z Shares) | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |
| Subscriptions made directly to the Transfer Agent by Qualifying Institutional Investors/Class Z Shares | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | 3:30pm, London time on T |
| Redemption | Trade cut-off Time | Settlement Time |
| All Redemptions | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |


##### THE SUB-INVESTMENT ADVISER
The Manager has appointed JCIL to be the Company’s investment adviser. As at the date of this Supplement, JCIL has delegated to JCM responsibility for providing discretionary investment management and advisory services in respect of the whole or part of the assets of the Fund.

##### FEES AND EXPENSES
Details of the fees and expenses attaching to an investment in a Fund (including initial sales charges, CDSCs, dilution adjustment, investment management fees and distribution fees) are set out in the section entitled “Fees and Expenses” in the Prospectus and a summary of which is set out below. The Fees and Expenses to Capital Share Classes may charge certain fees and expenses to capital rather than income.
| Fee Type | Class A Shares | Class B Shares | Class E Shares | Class G Shares | Class H Shares | Class I Shares | Class S Shares | Class V Shares | Class Z Shares |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Initial Sales Charge | Up to 5.00% of the amount subscribed | N/A | Up to 3.00% of the amount subscribed | N/A | N/A | Up to 2.00% of the amount subscribed | Up to 2.00% of the amount subscribed | N/A | N/A |
| CDSC < 1 year since purchase 1-2 years 2-3 years 3-4 years >4 years since purchase | N/A | 4% 3% 2% 1% 0% | N/A | N/A | N/A | N/A | N/A | 3% 2% 1% 0% - | N/A |
| Shareholder Service Fees | Up to 0.75% of net asset value | Up to 0.75% of net asset value | Up to 1.25% of net asset value | N/A | N/A | N/A | N/A | Up to 0.75% of net asset value | N/A |
| Distribution Fees | N/A | Up to 1.00% of net asset value | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investment Management Fee | Up to 1.50% of net asset value. | Up to 1.50% of net asset value. | Up to 1.50% of net asset value.. | Up to 0.80% of net asset value. | Up to 0.80% of net asset value. | Up to 1.50% of net asset value. | Up to 1.50% of net asset value. | Up to 1.50% of net asset value. | See Prospectus |
| Performance Fee | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Fee and Expenses Cap | 2.75% of net asset value | 3.75% of net asset value | 3.25% of net asset value | 1.05% of net asset value | 1.05% of net asset value | 1.75% of net asset value | 1.05% of net asset value | 2.75% of net asset value | See Prospectus |


##### DILUTION ADJUSTMENT
A dilution adjustment may be applied to the Net Asset Value per Share of the Fund on a dealing day (i) if net subscriptions or redemptions exceed a pre-determined threshold relating to the Fund’s Net Asset Value (where such a threshold has been pre-determined for the Fund from time to time by the Manager) or (ii) in any other cases where there are net subscriptions or redemptions in the Fund and the Manager or its delegate reasonably believes that imposing a dilution adjustment is in the best interests of existing Shareholders.

##### CLASSES OF SHARES
As more particularly described in the Prospectus under “The Shares”, the Company offers 11 Classes of Shares with various distribution policies, distribution frequencies, hedging policies and currencies in each Class. The name of each Class of Shares offered by the Company enables Shareholders to identify the distribution policy, distribution frequency, hedging policy and currency of a Class by reference to sub- classifications. The table below sets out details of the Classes of Shares approved by the Central Bank, and the Classes which are available for purchase as at the date of this Supplement.
Where a Class of Shares in any Fund has not previously been issued or is being re-offered, then initial subscriptions for such Shares will be accepted: (i) on such date(s) to be determined by the Manager and notified in advance to the Central Bank; and (ii) the initial offer price and re-offer price as set out in the Prospectus under “Initial offers of share classes”. Alternatively, in the case of a Fund which already has one or more Classes of Shares in issue, the initial offer price per Share for subsequent Classes of Shares issued in respect of that Fund may be the net asset value per Share of such other Class of Shares of that Fund as may be determined by the Manager and notified in advance to the Central Bank and potential Shareholders.
| SHARE CLASSES approved by the Central Bank as at the date of this Supplement |
| --- |
| US Dollar Classes | Euro Classes | Pound Sterling Classes | Hong Kong Dollar Classes | Australia Dollar Classes | Swiss Franc Classes | Canadian Dollar Classes | Renminbi (CNH) Classes | Swedish Kronor Classes | New Zealand dollar Classes | Singapore Dollar Classes |
| A2 USD B2 USD E2 USD I2 USD S2 USD H2 USD G2 USD V2 USD Z2 USD I1 USD H1 USD A1 USD | A2 HEUR B2 HEUR E2 HEUR I2 EUR I2 HEUR S2 HEUR H2 EUR H2 HEUR G2 EUR G2 HEUR V2 HEUR Z2 EUR A1 HEUR H1 HEUR A2 EUR | I2 HGBP I2 GBP S2 HGBP H2 HGBP H2 GBP G2 HGBP G2 GBP Z2 GBP Z2 HGBP H1 GBP | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF H2 CHF G2 HCHF G2 CHF Z2 CHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 SGD A2 HSGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD |


###### Supplement for the

###### Janus Henderson Global Research Fund
The date of this Supplement is 26 February 2021.

###### This Supplement contains information specific to the Janus Henderson Global Research Fund (the “Fund”), a sub-fund of Janus Henderson Capital Funds plc (the “Company”). The Company is a UCITS established as an umbrella investment company with segregated liability between Funds with variable capital incorporated in Ireland and regulated by the Central Bank.

###### This Supplement forms part of and should be read in conjunction with the latest Prospectus. The Prospectus may be revised or supplemented from time to time. All capitalised terms used in this Supplement and not otherwise defined herein shall have the meanings set forth in the Prospectus.

##### SUMMARY

###### The information set out under this heading is a summary of the principal features of the Fund, and should be read in conjunction with the full text of the Supplement.
| Classes of Shares | Details of the Classes of Shares are set out in the section below entitled “Classes of Shares”. |
| --- | --- |
| Investors should note that, as at the date of this Supplement, only certain Classes of Shares of the Fund are currently available for purchase. Furthermore, not all Classes of Shares are available in all jurisdictions and investors are requested to contact the relevant Distribution Agent for a list of Classes of Shares available to them. |
| Frequency of Subscriptions, Redemptions and Exchanges | Unless otherwise determined by the Directors and/or the Manager, subscriptions for and redemptions and exchanges of Shares may be made on any Business Day subject to the procedures described in the sections of the Prospectus entitled “How to Purchase Shares”, “How to Redeem Shares” and “How to Exchange or Transfer Shares”. |
| Minimum Subscriptions | The minimum initial and subsequent subscriptions applicable to each Class within the Fund are set out in the section entitled “How to purchase shares” in the Prospectus. |
| Suitability of Classes | Suitability of Classes and eligibility of investors for particular Classes are described in the section entitled “The Shares” in the Prospectus. |
| Base Currency | US Dollar |


##### INVESTMENT OBJECTIVE AND POLICIES
The Fund’s investment objective is long-term growth of capital. It pursues its objective by investing at least 80% of the net asset value in equities (also known as company shares) for their growth potential. The Fund may invest in companies of any size and located anywhere in the world, from larger, well-established companies to smaller, emerging growth companies. It is expected that the Fund will be broadly diversified among a variety of industry sectors. The Fund may invest in companies located anywhere in the world (including Developing Markets) but the aggregate amount of the Fund which may be invested in securities traded on the Developing Markets is 20% of the net asset value of the Fund and no more than 10% of the net asset value of the Fund may be invested in securities traded on any one Developing Market. The Fund may employ investment techniques and instruments for investment purposes, such as trading in futures, options and swaps and other financial derivative instruments, subject to a limit of up to 10% of its net asset value and subject to the conditions and within the limits from time to time laid down by the Central Bank.
Performance target: To outperform the MSCI World Index by at least 2% per annum, before the deduction of charges, over any 5 year period.
The Fund is Actively Managed with reference to the MSCI World Index, which is broadly representative of the companies in which it may invest, as this forms the basis of the Fund's performance target. The Sub- Investment Adviser has discretion to choose individual investments for the Fund with weightings different to the index or not in the index, but at times the Fund may hold investments similar to the index. It is expected that the Fund will be broadly diversified among a variety of industry sectors while the Sub-Investment Adviser will seek to position the portfolio as neutral to the sectors of the benchmark. Details of the Fund’s performance are available in the annual reports and semi-annual reports, the marketing materials and in the KIID. There is no guarantee that the Fund’s performance will match or exceed that benchmark.
The Sub-Investment Adviser selects investments which are high conviction investment ideas in all market capitalisations, styles, industries, sectors and geographies. The Sub-Investment Adviser seeks to identify strong businesses with sustainable competitive advantages and improving returns on capital. Companies are considered principally on their own fundamental qualitative and quantitative characteristics. Commonly referred to as stock picking or “bottom-up” investing, portfolios of fundamental-based investment funds are built one security at a time following in house research into each company. Areas of focus can include the company's management, financials, competitive strengths and weaknesses, earnings growth prospects and numerous other metrics. This approach rests on a belief that some companies have inherent strengths for creating shareholder value over time, have better prospects than their peer groups and should therefore outperform even in challenging industrial and economic circumstances. The purpose of a fundamental investment approach is to identify and invest in such companies.
The Fund may invest up to 10% of its net asset value in mortgage- and asset-backed securities issued or guaranteed by any OECD government, its agencies or instrumentalities or by private issuers and which may be rated below investment grade by the primary rating agencies.
The Fund may invest substantially all of its assets in equities to the extent that the relevant Sub-Investment Adviser believes that the relevant market environment favours profitable investing in those securities. Securities are generally selected by the Sub-Investment Adviser without regard to any defined industry sector or other similarly defined selection procedure and the Fund does not intend to specialise in any particular industry sector.
Realisation of income is not a significant investment consideration for the Fund.
The percentage of the Fund’s assets invested in equities will vary and, depending on market conditions as determined by the Sub-Investment Adviser, the Fund may hold ancillary liquid assets or short-term interest bearing securities in its portfolio, such as Government Securities or Debt Securities. The Fund may invest to a lesser degree in other types of securities including preference shares, Government Securities, Debt Securities, warrants and securities convertible into equities when the relevant Sub-Investment Adviser perceives an opportunity for capital growth from such securities. The Fund may invest up to 30% of its net asset value in Debt Securities (including high yield/high-risk bonds) or Government Securities rated below investment grade. The Fund may invest directly or indirectly (i.e. through depositary receipts including American Depositary Receipts, European Depositary Receipts and Global Depositary Receipts) in the relevant markets. The Fund may also invest up to 5% of its net asset value in zero coupon, pay-in-kind and Step Coupon Securities, and without limit in Index/Structured Securities. Pay-in-kind bonds are bonds which may pay interest in the form of additional bonds of the same kind.
The Fund may invest up to 5% of its net asset value in the securities of other Eligible Collective Investment Schemes. Such investment includes investing in other Funds. However the Fund may not invest in another Fund which itself holds Shares in other Funds. Where the Fund invests in another Fund, the investing Fund may not charge an annual management and/or investment management fee in respect of the portion of its assets invested in the other Fund.
The Sub-Investment Adviser generally takes a “bottom-up” approach to building portfolios. In other words, they seek to identify strong businesses with sustainable competitive advantages and improving returns on capital. The Fund follows an investment strategy in which companies are considered principally on their own fundamental qualitative and quantitative characteristics. Commonly referred to as stock picking or bottom-up investing, portfolios of fundamental-based investment funds are built one security at a time following intensive in-house research into each company. Areas of research focus can include the company's management,
financials, competitive strengths and weaknesses, earnings growth prospects and numerous other metrics. This approach rests on a belief that some companies have inherent strengths for creating shareholder value over time, have superior prospects to their peer groups and should therefore outperform even in challenging industry and economic circumstances. The purpose of a fundamental investment approach is to identify and invest in such companies.
The Fund may invest in financial derivative instruments for efficient portfolio management purposes. The Fund’s investment in financial derivative instruments will be subject to the limits set out within the Fund’s investment policy and the conditions and limits from time to time laid down by the Central Bank. There will be circumstances in which the Fund will be leveraged in using financial derivative instruments. The Fund is permitted to invest up to 10% of its net asset value in financial derivative instruments for investment purposes. The maximum amount of leverage, when calculated using the commitment approach, which the Fund can create through the use of financial derivative instruments is 100% of the net asset value of the Fund. Where the market risk of the Fund is measured using the VaR methodology, the Fund’s leverage is calculated using the sum of the notionals of the derivatives held by the Fund, details of the leverage are disclosed herein in the Fund’s investment policies. However, Shareholders should note that, given the nature of financial derivative instruments and the fact that such instruments may be traded on margin, a relatively small adverse price movement in the underlying of a given financial derivative instrument may result in immediate and substantial movements in the exposure a Fund to that financial derivative instrument. In the event that any of the financial derivative instruments related exposure limits are exceeded for reasons beyond the control of the Fund, the Fund will remedy such situation as a priority, taking due account of the interests of its Shareholders.

##### EUROPEAN BENCHMARKS REGULATION
As at the date of the Supplement, MSCI Limited (as administrator of the MSCI World Index) is included in the register maintained by ESMA under the Benchmarks Regulation.

##### USE OF TEMPORARY DEFENSIVE MEASURES
In certain circumstances, on a temporary and exceptional basis, when the Investment Adviser and Sub- Investment Adviser deems it to be in the best interests of Shareholders, the Fund may not adhere to its investment policies as disclosed above. For further information, see "Use of temporary defensive measures" in the Prospectus.

##### PROFILE OF A TYPICAL INVESTOR
The Fund is available to a wide range of investors seeking access to a portfolio managed in accordance with a specific investment objective and policy.
A potential investor should choose the Class that best suits such investor’s needs. When choosing a Class, potential investors should consider the following:
- How much the investor plans to invest;
- How long the investor expects to own the Shares;
- The expenses paid in respect of each Class;
- Whether the investor qualifies for any reduction or waiver of sales charges; and
- The currency of the share class.


##### INVESTMENT RESTRICTIONS
The Fund’s investments will be limited to investments permitted by the UCITS Regulations and other applicable restrictions as set out in Appendix 4 to the Prospectus.

##### USE	OF	INVESTMENT	TECHNIQUES	AND	INSTRUMENTS	AND	FINANCIAL	DERIVATIVE INSTRUMENTS
Subject to the ability of the Fund to invest up to 10% of its net asset value in financial derivative instruments for investment purposes, as set out under “Investment Objective and Policies” above, the Sub-Investment Adviser may only employ investment techniques and instruments, such as trading in futures, options and
swaps and other financial derivative instruments for efficient portfolio management (i.e. reduction of risk, reduction of costs, generation of additional capital or income for the Fund) and the Sub-Investment Adviser is required to comply with the conditions and limits from time to time laid down by the Central Bank. Further information is set out under “Use of Investment Techniques and Instruments and Financial Derivatives Instruments” and “Types and description of financial derivative instruments” in the Prospectus.
The primary method of calculation of global exposure for the Fund is the commitment approach method. However, the VaR model may be employed where there is a higher volume or more complex usage of derivative strategies or there is a change in the risk profile of the Fund.

##### SECURITIES FINANCING TRANSACTIONS REGULATIONS
As more particularly described under “Securities Financing Transactions Regulation” in the Prospectus, subject to the investment restrictions set out in Appendix 4 to the Prospectus and any investment restriction set out in the section of the Supplement entitled “Investment Objective and Policies”: (a) with respect to permitted investments in total return swaps, the Fund can invest a maximum of 10% of its Net Asset Value; and (b) the Fund can invest a maximum of 100% of its Net Asset Value in Securities Financing Transactions. Subject to the above limits, it is expected that the Fund will generally invest in the range of 0 - 20% if its Net Asset Value in total return swaps and Securities Financing Transactions.

##### RISK FACTORS AND SPECIAL CONSIDERATIONS
Investors’ attention is drawn to the risk factors and other special considerations which may affect the Fund as set out under “Risk factors and special considerations” in the Prospectus. This does not purport to be an exhaustive list of the risk factors relating to investment in the Fund and investors’ attention is drawn to the description of the instruments set out in the section entitled “Investment Objectives and Policies”, above.

##### DISTRIBUTION POLICY
As more particularly described under “The Shares” in the Prospectus and in the section of the Supplement entitled “Classes of Shares”, Distributing Share Classes may differ in terms of their distribution frequency. Distributing Share Classes may distribute monthly, quarterly, semi-annually or annually as determined at the launch of the relevant Share Class. The distribution frequency of Share Classes are set out in the table below:
| Frequency of Distribution | Dates of Distribution Declaration |
| --- | --- |
| Accumulating Share Classes |
| Not applicable | Not applicable |
| Distributing Share Classes |
| Monthly | Monthly, normally on the fifteenth day of each month unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Quarterly | Quarterly, normally on 15 January, 15 April, 15 July and 15 October unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Semi-annually | Semi-annually, normally on 15 April and 15 October unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |

| Frequency of Distribution | Dates of Distribution Declaration |
| --- | --- |
| Annually | Annually, normally on 15 October unless it is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned date. |


##### TRADE CUT-OFF AND SETTLEMENT TIMES
Subscription orders for Shares received and accepted by or on behalf of the Transfer Agent or the Company and/or the Manager prior to the Trade Cut-Off Times on a Business Day specified in the tables below will be processed at the offering price determined on that Business Day. Subscription orders to subscribe for Shares received by or on behalf of the Transfer Agent or the Company and/or the Manager after the Trade Cut-Off Time on the relevant Business Day will be processed at the offering price determined on the next Business Day. If payment for subscription orders is not received by the relevant Settlement Time, a subscription may be cancelled or the Shareholder may be charged interest on the outstanding subscription monies at normal commercial rates. In such an event, the Distribution Agent or the Shareholder may be liable for any loss to the Fund.
Processing of redemption orders is subject to receipt and acceptance by or on behalf of the Transfer Agent or the Company and/or the Manager of a valid redemption order. Subject to the provisions set out under “Limitations on Redemptions” in the Prospectus, redemption orders received and accepted by or on behalf of the Transfer Agent or by the Company and/or the Manager prior to the Trade Cut-Off Time on a Business Day will be processed at the net asset value per Share determined on that Business Day.
| Subscription | Trade cut-off Time | Settlement Time |
| --- | --- | --- |
| Subscriptions (other than Class Z Shares) | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |
| Subscriptions made directly to the Transfer Agent by Qualifying Institutional Investors/Class Z Shares | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | 3:30pm, London time on T |
| Redemption | Trade cut-off Time | Settlement Time |
| All Redemptions | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |


##### THE SUB-INVESTMENT ADVISER
The Manager has appointed JCIL to be the Company’s investment adviser. As at the date of this Supplement, JCIL has delegated to JCM responsibility for providing discretionary investment management and advisory services in respect of the whole or part of the assets of the Fund.

##### FEES AND EXPENSES
Details of the fees and expenses attaching to an investment in a Fund (including initial sales charges, CDSCs, dilution adjustment, investment management fees and distribution fees) are set out in the section entitled “Fees and Expenses” in the Prospectus and a summary of which is set out below. The Fees and Expenses to Capital Share Classes may charge certain fees and expenses to capital rather than income.
| Fee Type | Class A Shares | Class B Shares | Class E Shares | Class G Shares | Class H Shares | Class I Shares | Class S Shares | Class V Shares | Class Z Shares |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Initial Sales Charge | Up to 5.00% of the amount subscribed | N/A | Up to 3.00% of the amount subscribed | N/A | N/A | Up to 2.00% of the amount subscribed | Up to 2.00% of the amount subscribed | N/A | N/A |
| CDSC < 1 year since purchase 1-2 years 2-3 years 3-4 years >4 years since purchase | N/A | 4% 3% 2% 1% 0% | N/A | N/A | N/A | N/A | N/A | 3% 2% 1% 0% - | N/A |
| Shareholder Service Fees | Up to 0.75% of net asset value | Up to 0.75% of net asset value | Up to 1.25% of net asset value | N/A | N/A | N/A | N/A | Up to 0.75% of net asset value | N/A |
| Distribution Fees | N/A | Up to 1.00% of net asset value | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investment Management Fee | Up to 1.25% of net asset value. | Up to 1.25% of net asset value. | Up to 1.25% of net asset value.. | Up to 0.80% of net asset value. | Up to 0.80% of net asset value. | Up to 1.00% of net asset value. | Up to 1.00% of net asset value. | Up to 1.25% of net asset value. | See Prospectus |
| Performance Fee | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Fee and Expenses Cap | 2.50% of net asset value | N/A | 3.00% of net asset value | 1.05% of net asset value | 1.05% of net asset value | 1.25% of net asset value | 1.05% of net asset value | 2.75% of net asset value | See Prospectus |


##### DILUTION ADJUSTMENT
A dilution adjustment may be applied to the Net Asset Value per Share of the Fund on a dealing day (i) if net subscriptions or redemptions exceed a pre-determined threshold relating to the Fund’s Net Asset Value (where such a threshold has been pre-determined for the Fund from time to time by the Manager) or (ii) in any other cases where there are net subscriptions or redemptions in the Fund and the Manager or its delegate reasonably believes that imposing a dilution adjustment is in the best interests of existing Shareholders.

##### CLASSES OF SHARES
As more particularly described in the Prospectus under “The Shares”, the Company offers 11 Classes of Shares with various distribution policies, distribution frequencies, hedging policies and currencies in each Class. The name of each Class of Shares offered by the Company enables Shareholders to identify the distribution policy, distribution frequency, hedging policy and currency of a Class by reference to sub- classifications. The table below sets out details of the Classes of Shares approved by the Central Bank, and the Classes which are available for purchase as at the date of this Supplement.
Where a Class of Shares in any Fund has not previously been issued or is being re-offered, then initial subscriptions for such Shares will be accepted: (i) on such date(s) to be determined by the Manager and notified in advance to the Central Bank; and (ii) the initial offer price and re-offer price as set out in the Prospectus under “Initial offers of share classes”. Alternatively, in the case of a Fund which already has one or more Classes of Shares in issue, the initial offer price per Share for subsequent Classes of Shares issued in respect of that Fund may be the net asset value per Share of such other Class of Shares of that Fund as may be determined by the Manager and notified in advance to the Central Bank and potential Shareholders.
| SHARE CLASSES approved by the Central Bank as at the date of this Supplement |
| --- |
| US Dollar Classes | Euro Classes | Pound Sterling Classes | Hong Kong Dollar Classes | Australia Dollar Classes | Swiss Franc Classes | Canadian Dollar Classes | Renminbi (CNH) Classes | Swedish Kronor Classes | New Zealand dollar Classes | Singapore Dollar Classes |
| A2 USD E2 USD I2 USD S2 USD H2 USD G2 USD V2 USD Z2 USD I1 USD H1 USD A1 USD | A2 HEUR B2 HEUR E2 HEUR I2 HEUR H2 HEUR G2 HEUR S2 HEUR V2 HEUR Z2 EUR A1 HEUR H1 HEUR | I2 HGBP I2 GBP S2 HGBP H2 HGBP H2 GBP G2 HGBP G2 GBP Z2 GBP Z2 HGBP | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF Z2 CHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD |


###### Supplement for the

###### Janus Henderson Global Technology and Innovation Fund
The date of this Supplement is 26 February 2021.

###### This Supplement contains information specific to the Janus Henderson Global Technology and Innovation Fund (the “Fund”), a sub-fund of Janus Henderson Capital Funds plc (the “Company”). The Company is a UCITS established as an umbrella investment company with segregated liability between Funds with variable capital incorporated in Ireland and regulated by the Central Bank.

###### This Supplement forms part of and should be read in conjunction with the latest Prospectus. The Prospectus may be revised or supplemented from time to time. All capitalised terms used in this Supplement and not otherwise defined herein shall have the meanings set forth in the Prospectus.

##### SUMMARY

###### The information set out under this heading is a summary of the principal features of the Fund, and should be read in conjunction with the full text of the Supplement.
| Classes of Shares | Details of the Classes of Shares are set out in the section below entitled “Classes of Shares”. |
| --- | --- |
| Investors should note that, as at the date of this Supplement, only certain Classes of Shares of the Fund are currently available for purchase. Furthermore, not all Classes of Shares are available in all jurisdictions and investors are requested to contact the relevant Distribution Agent for a list of Classes of Shares available to them. |
| Frequency of Subscriptions, Redemptions and Exchanges | Unless otherwise determined by the Directors and/or the Manager, subscriptions for and redemptions and exchanges of Shares may be made on any Business Day subject to the procedures described in the sections of the Prospectus entitled “How to Purchase Shares”, “How to Redeem Shares” and “How to Exchange or Transfer Shares”. |
| Minimum Subscriptions | The minimum initial and subsequent subscriptions applicable to each Class within the Fund are set out in the section entitled “How to purchase shares” in the Prospectus. |
| Suitability of Classes | Suitability of Classes and eligibility of investors for particular Classes are described in the section entitled “The Shares” in the Prospectus. |
| Base Currency | US Dollar |


##### INVESTMENT OBJECTIVE AND POLICIES
The Fund’s investment objective is long-term growth of capital. It pursues its objective by investing at least 80% of its net asset value in equities (also known as company shares) located anywhere in the world and selected for their growth potential. The Fund will invest in companies that the relevant Sub-Investment Adviser believes will benefit significantly from advances or improvements in technology. These are generally: (i) companies that the relevant Sub-Investment Adviser believes have or will develop products, processes or services that will provide significant technological advancements or improvements; or (ii) companies that the relevant Sub-Investment Adviser believes rely extensively on technology in connection with their operations or services such as but not limited to companies offering medical products and services, alternative energy equipment and services, or sophisticated industrial products. The Sub-Investment Adviser may invest in companies of any size, from larger, well-established companies to smaller, emerging growth companies. The Fund may invest in companies located anywhere in the world (including Developing Markets) but the aggregate amount of the Fund which may be invested in securities traded on the Developing Markets is 20% of the net asset value of the Fund and no more than 10% of the net asset value of the Fund may be invested in securities traded on any one Developing Market. The Fund may employ investment techniques and instruments for
investment purposes, such as trading in futures, options and swaps and other financial derivative instruments, subject to a limit of up to 10% of its net asset value and subject to the conditions and within the limits from time to time laid down by the Central Bank
Performance target: To outperform the MSCI All Country World Index Technology Index by at least 2% per annum, before the deduction of charges, over any 5 year period.
The Fund is Actively Managed with reference to the MSCI All Country World Index Technology Index, which is broadly representative of the companies in which it may invest, as this forms the basis of the Fund's performance target. The Sub-Investment Adviser has discretion to choose individual investments for the Fund with weightings different to the index or not in the index, but at times the Fund may hold investments similar to the index. Details of the Fund’s performance are available in the annual reports and semi-annual reports, the marketing materials and in the KIID. There is no guarantee that the Fund’s performance will match or exceed that benchmark.
The Sub-Investment Adviser seeks to identify strong businesses with sustainable competitive advantages and improving returns on capital. Companies are considered principally on their own fundamental qualitative and quantitative characteristics. Commonly referred to as stock picking or “bottom-up” investing, portfolios of fundamental-based investment funds are built one security at a time following in house research into each company. Areas of focus can include the company's management, financials, competitive strengths and weaknesses, earnings growth prospects and numerous other metrics. This approach rests on a belief that some companies have inherent strengths for creating shareholder value over time, have better prospects than their peer groups and should therefore outperform even in challenging industrial and economic circumstances. The purpose of a fundamental investment approach is to identify and invest in such companies.
The Fund may invest up to 10% of its net asset value in mortgage- and asset-backed securities issued or guaranteed by any OECD government, its agencies or instrumentalities or by private issuers and which may be rated below investment grade by the primary rating agencies.
The Fund may invest substantially all of its assets in equities to the extent that the relevant Sub-Investment Adviser believes that the relevant market environment favours profitable investing in those securities.
Realisation of income is not a significant investment consideration for the Fund.
The percentage of the Fund’s assets invested in equities will vary and, depending on market conditions as determined by the Sub-Investment Adviser, the Fund may hold ancillary liquid assets or short-term interest bearing securities in its portfolio, such as Government Securities or Debt Securities. The Fund may invest to a lesser degree in other types of securities including preference shares, Government Securities, Debt Securities, warrants and securities convertible into equities when the relevant Sub-Investment Adviser perceives an opportunity for capital growth from such securities. The Fund may invest up to 15% of its net asset value in Debt Securities (including high yield/high-risk bonds) or Government Securities rated below investment grade. The Fund may invest directly or indirectly (i.e. through depositary receipts including American Depositary Receipts, European Depositary Receipts and Global Depositary Receipts) in the relevant markets. The Fund may also invest up to 5% of its net asset value in zero coupon, pay-in-kind and Step Coupon Securities, and without limit in Index/Structured Securities. Pay-in-kind bonds are bonds which may pay interest in the form of additional bonds of the same kind.
The Fund may invest up to 5% of its net asset value in the securities of other Eligible Collective Investment Schemes. Such investment includes investing in other Funds. However the Fund may not invest in another Fund which itself holds Shares in other Funds. Where the Fund invests in another Fund, the investing Fund may not charge an annual management and/or investment management fee in respect of the portion of its assets invested in the other Fund.
The Sub-Investment Adviser generally takes a “bottom-up” approach to building portfolios. In other words, they seek to identify strong businesses with sustainable competitive advantages and improving returns on capital. The Fund follows an investment strategy in which companies are considered principally on their own fundamental qualitative and quantitative characteristics. Commonly referred to as stock picking or bottom-up investing, portfolios of fundamental-based investment funds are built one security at a time following intensive in-house research into each company. Areas of research focus can include the company's management,
financials, competitive strengths and weaknesses, earnings growth prospects and numerous other metrics. This approach rests on a belief that some companies have inherent strengths for creating shareholder value over time, have superior prospects to their peer groups and should therefore outperform even in challenging industry and economic circumstances. The purpose of a fundamental investment approach is to identify and invest in such companies.
The Fund may invest in financial derivative instruments for efficient portfolio management purposes. The Fund’s investment in financial derivative instruments will be subject to the limits set out within the Fund’s investment policy and the conditions and limits from time to time laid down by the Central Bank. There will be circumstances in which the Fund will be leveraged in using financial derivative instruments. The Fund is permitted to invest up to 10% of its net asset value in financial derivative instruments for investment purposes. The maximum amount of leverage, when calculated using the commitment approach, which the Fund can create through the use of financial derivative instruments is 100% of the net asset value of the Fund. Where the market risk of the Fund is measured using the VaR methodology, the Fund’s leverage is calculated using the sum of the notionals of the derivatives held by the Fund, details of the leverage are disclosed herein in the Fund’s investment policies. However, Shareholders should note that, given the nature of financial derivative instruments and the fact that such instruments may be traded on margin, a relatively small adverse price movement in the underlying of a given financial derivative instrument may result in immediate and substantial movements in the exposure a Fund to that financial derivative instrument. In the event that any of the financial derivative instruments related exposure limits are exceeded for reasons beyond the control of the Fund, the Fund will remedy such situation as a priority, taking due account of the interests of its Shareholders.

##### USE OF TEMPORARY DEFENSIVE MEASURES
In certain circumstances, on a temporary and exceptional basis, when the Investment Adviser or Sub- Investment Adviser deems it to be in the best interests of Shareholders, the Fund may not adhere to its investment policies as disclosed above. For further information, see "Use of temporary defensive measures" in the Prospectus.

##### PROFILE OF A TYPICAL INVESTOR
The Fund is available to a wide range of investors seeking access to a portfolio managed in accordance with a specific investment objective and policy.
A potential investor should choose the Class that best suits such investor’s needs. When choosing a Class, potential investors should consider the following:
- How much the investor plans to invest;
- How long the investor expects to own the Shares;
- The expenses paid in respect of each Class;
- Whether the investor qualifies for any reduction or waiver of sales charges; and
- The currency of the share class.


##### INVESTMENT RESTRICTIONS
The Fund’s investments will be limited to investments permitted by the UCITS Regulations and other applicable restrictions as set out in Appendix 4 to the Prospectus.

##### USE	OF	INVESTMENT	TECHNIQUES	AND	INSTRUMENTS	AND	FINANCIAL	DERIVATIVE INSTRUMENTS
Subject to the ability of the Fund to invest up to 10% of its net asset value in financial derivative instruments for investment purposes, as set out under “Investment Objective and Policies” above, the Sub-Investment Adviser may only employ investment techniques and instruments, such as trading in futures, options and swaps and other financial derivative instruments for efficient portfolio management (i.e. reduction of risk, reduction of costs, generation of additional capital or income for the Fund) and the Sub-Investment Adviser is required to comply with the conditions and limits from time to time laid down by the Central Bank. Further information is set out under “Use of Investment Techniques and Instruments and Financial Derivatives Instruments” and “Types and description of financial derivative instruments” in the Prospectus.
The primary method of calculation of global exposure for the Fund is the commitment approach method. However, the VaR model may be employed where there is a higher volume or more complex usage of derivative strategies or there is a change in the risk profile of the Fund.

##### SECURITIES FINANCING TRANSACTIONS REGULATIONS
As more particularly described under “Securities Financing Transactions Regulation” in the Prospectus, subject to the investment restrictions set out in Appendix 4 to the Prospectus and any investment restriction set out in the section of the Supplement entitled “Investment Objective and Policies”: (a) with respect to permitted investments in total return swaps, the Fund can invest a maximum of 10% of its Net Asset Value; and (b) the Fund can invest a maximum of 100% of its Net Asset Value in Securities Financing Transactions. Subject to the above limits, it is expected that the Fund will generally invest in the range of 0 - 20% if its Net Asset Value in total return swaps and Securities Financing Transactions.

##### RISK FACTORS AND SPECIAL CONSIDERATIONS
Investors’ attention is drawn to the risk factors and other special considerations which may affect the Fund as set out under “Risk factors and special considerations” in the Prospectus. This does not purport to be an exhaustive list of the risk factors relating to investment in the Fund and investors’ attention is drawn to the description of the instruments set out in the section entitled “Investment Objectives and Policies”, above.

##### DISTRIBUTION POLICY
As more particularly described under “The Shares” in the Prospectus and in the section of the Supplement entitled “Classes of Shares”, Distributing Share Classes may differ in terms of their distribution frequency. Distributing Share Classes may distribute monthly, quarterly, semi-annually or annually as determined at the launch of the relevant Share Class. The distribution frequency of Share Classes are set out in the table below:
| Frequency of Distribution | Dates of Distribution Declaration |
| --- | --- |
| Accumulating Share Classes |
| Not applicable | Not applicable |
| Distributing Share Classes |
| Monthly | Monthly, normally on the fifteenth day of each month unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Quarterly | Quarterly, normally on 15 January, 15 April, 15 July and 15 October unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Semi-annually | Semi-annually, normally on 15 April and 15 October unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Annually | Annually, normally on 15 October unless it is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned date. |


##### TRADE CUT-OFF AND SETTLEMENT TIMES
Subscription orders for Shares received and accepted by or on behalf of the Transfer Agent or the Company and/or the Manager prior to the Trade Cut-Off Times on a Business Day specified in the tables below will be processed at the offering price determined on that Business Day. Subscription orders to subscribe for Shares received by or on behalf of the Transfer Agent or the Company and/or the Manager after the Trade Cut-Off Time on the relevant Business Day will be processed at the offering price determined on the next Business Day. If payment for subscription orders is not received by the relevant Settlement Time, a subscription may be cancelled or the Shareholder may be charged interest on the outstanding subscription monies at normal commercial rates. In such an event, the Distribution Agent or the Shareholder may be liable for any loss to the Fund
Processing of redemption orders is subject to receipt and acceptance by or on behalf of the Transfer Agent or the Company and/or the Manager of a valid redemption order. Subject to the provisions set out under “Limitations on Redemptions” in the Prospectus, redemption orders received and accepted by or on behalf of the Transfer Agent or by the Company and/or the Manager prior to the Trade Cut-Off Time on a Business Day will be processed at the net asset value per Share determined on that Business Day.
| Subscription | Trade cut-off Time | Settlement Time |
| --- | --- | --- |
| Subscriptions (other than Class Z Shares) | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |
| Subscriptions made directly to the Transfer Agent by Qualifying Institutional Investors/Class Z Shares | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | 3:30pm, London time on T |
| Redemption | Trade cut-off Time | Settlement Time |
| All Redemptions | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |


##### THE SUB-INVESTMENT ADVISER
The Manager has appointed JCIL to be the Company’s investment adviser. As at the date of this Supplement, JCIL has delegated to JCM responsibility for providing discretionary investment management and advisory services in respect of the whole or part of the assets of the Fund.

##### FEES AND EXPENSES
Details of the fees and expenses attaching to an investment in a Fund (including initial sales charges, CDSCs, dilution adjustment, investment management fees and distribution fees) are set out in the section entitled “Fees and Expenses” in the Prospectus and a summary of which is set out below. The Fees and Expenses to Capital Share Classes may charge certain fees and expenses to capital rather than income.
| Fee Type | Class A Shares | Class B Shares | Class E Shares | Class G Shares | Class H Shares | Class I Shares | Class S Shares | Class V Shares | Class Z Shares |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Initial Sales Charge | Up to 5.00% of the amount subscribed | N/A | Up to 3.00% of the amount subscribed | N/A | N/A | Up to 2.00% of the amount subscribed | Up to 2.00% of the amount subscribed | N/A | N/A |

| CDSC < 1 year since purchase 1-2 years 2-3 years 3-4 years >4 years since purchase | N/A | 4% 3% 2% 1% 0% | N/A | N/A | N/A | N/A | N/A | 3% 2% 1% 0% - | N/A |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Shareholder Service Fees | Up to 0.75% of net asset value | Up to 0.75% of net asset value | Up to 1.25% of net asset value | N/A | N/A | N/A | N/A | Up to 0.75% of net asset value | N/A |
| Distribution Fees | N/A | Up to 1.00% of net asset value | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investment Management Fee | Up to 1.50% of net asset value. | Up to 1.50% of net asset value. | Up to 1.50% of net asset value.. | Up to 0.80% of net asset value. | Up to 0.80% of net asset value. | Up to 1.50% of net asset value. | Up to 1.50% of net asset value. | Up to 1.50% of net asset value. | See Prospectus |
| Performance Fee | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Fee and Expenses Cap | 2.75% of net asset value | 3.75% of net asset value | 3.50% of net asset value | 1.05% of net asset value | 1.05% of net asset value | 1.75% of net asset value | 1.05% of net asset value | 3.00% of net asset value | See Prospectus |


##### DILUTION ADJUSTMENT
A dilution adjustment may be applied to the Net Asset Value per Share of the Fund on a dealing day (i) if net subscriptions or redemptions exceed a pre-determined threshold relating to the Fund’s Net Asset Value (where such a threshold has been pre-determined for the Fund from time to time by the Manager) or (ii) in any other cases where there are net subscriptions or redemptions in the Fund and the Manager or their delegate reasonably believes that imposing a dilution adjustment is in the best interests of existing Shareholders.

##### CLASSES OF SHARES
As more particularly described in the Prospectus under “The Shares”, the Company offers 11 Classes of Shares with various distribution policies, distribution frequencies, hedging policies and currencies in each Class. The name of each Class of Shares offered by the Company enables Shareholders to identify the distribution policy, distribution frequency, hedging policy and currency of a Class by reference to sub- classifications. The table below sets out details of the Classes of Shares approved by the Central Bank, and the Classes which are available for purchase as at the date of this Supplement. The Company issues Shares in multiple classes in respect of the Fund.
Where a Class of Shares in any Fund has not previously been issued or is being re-offered, then initial subscriptions for such Shares will be accepted: (i) on such date(s) to be determined by the Manager and notified in advance to the Central Bank; and (ii) the initial offer price and re-offer price as set out in the Prospectus under “Initial offers of share classes”. Alternatively, in the case of a Fund which already has one or more Classes of Shares in issue, the initial offer price per Share for subsequent Classes of Shares issued in respect of that Fund may be the net asset value per Share of such other Class of Shares of that Fund as may be determined by the Manager and notified in advance to the Central Bank and potential Shareholders.
| SHARE CLASSES approved by the Central Bank as at the date of this Supplement |
| --- |
| US Dollar Classes | Euro Classes | Pound Sterling Classes | Hong Kong Dollar Classes | Australia Dollar Classes | Swiss Franc Classes | Canadian Dollar Classes | Renminbi (CNH) Classes | Swedish Kronor Classes | New Zealand dollar Classes | Singapore Dollar Classes |
| A2 USD B2 USD | A2 HEUR B2 HEUR | I2 HGBP I2 GBP | A2 HKD I2 HKD | A2 HAUD I2 HAUD | A2 HCHF I2 HCHF | A2 HCAD I2 HCAD | A2 HCNH I2 HCNH | A2 HSEK I2 HSEK | A2 HNZD I2 HNZD | A2 HSGD I2 HSGD |

| E2 USD I2 USD S2 USD H2 USD G2 USD V2 USD Z2 USD I1 USD H1 USD A1 USD | E2 HEUR I2 HEUR S2 HEUR H2 HEUR G2 HEUR V2 HEUR Z2 EUR A1 HEUR H1 HEUR A2 EUR I2 EUR H2 EUR G2 EUR | S2 HGBP H2 HGBP H2 GBP G2 HGBP G2 GBP Z2 GBP Z2 HGBP | S2 HKD V2 HKD Z2 HKD | S2 HAUD V2 HAUD Z2 AUD | S2 HCHF H2 HCHF G2 HCHF Z2 CHF | S2 HCAD Z2 CAD | S2 HCNH V2 HCNH Z2 CNH | S2 HSEK Z2 SEK | S2 HNZD V2 HNZD Z2 NZD | S2 HSGD V2 HSGD Z2 SGD |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |


###### Supplement for the

###### Janus Henderson Opportunistic Alpha Fund
The date of this Supplement is 26 February 2021.

###### This Supplement contains information specific to the Janus Henderson Opportunistic Alpha Fund (the “Fund”), a sub-fund of Janus Henderson Capital Funds plc (the “Company”). The Company is a UCITS established as an umbrella investment company with segregated liability between Funds with variable capital incorporated in Ireland and regulated by the Central Bank.

###### This Supplement forms part of and should be read in conjunction with the latest Prospectus. The Prospectus may be revised or supplemented from time to time. All capitalised terms used in this Supplement and not otherwise defined herein shall have the meanings set forth in the Prospectus.

##### SUMMARY

###### The information set out under this heading is a summary of the principal features of the Fund, and should be read in conjunction with the full text of the Supplement.
| Classes of Shares | Details of the Classes of Shares are set out in the section below entitled “Classes of Shares”. |
| --- | --- |
| Investors should note that, as at the date of this Supplement, only certain Classes of Shares of the Fund are currently available for purchase. Furthermore, not all Classes of Shares are available in all jurisdictions and investors are requested to contact the relevant Distribution Agent for a list of Classes of Shares available to them. |
| Frequency of Subscriptions, Redemptions and Exchanges | Unless otherwise determined by the Directors and/or the Manager, subscriptions for and redemptions and exchanges of Shares may be made on any Business Day subject to the procedures described in the sections of the Prospectus entitled “How to Purchase Shares”, “How to Redeem Shares” and “How to Exchange or Transfer Shares”. |
| Minimum Subscriptions | The minimum initial and subsequent subscriptions applicable to each Class within the Fund are set out in the section entitled “How to purchase shares” in the Prospectus. |
| Suitability of Classes | Suitability of Classes and eligibility of investors for particular Classes are described in the section entitled “The Shares” in the Prospectus. |
| Base Currency | US Dollar |


##### INVESTMENT OBJECTIVE AND POLICIES
The Fund’s investment objective is long-term growth of capital. It pursues its objective by investing at least 80% of its net asset value in equities (also known as company shares) of US Companies. The Sub-Investment Adviser is free to invest in companies of any size, which may include larger well-established companies and/or smaller emerging growth companies and across industries and sectors. The aggregate amount of the Fund which may be invested in securities traded on the Developing Markets is 10% of the net asset value of the Fund. The Fund may employ investment techniques and instruments for investment purposes, such as trading in futures, options and swaps and other financial derivative instruments, subject to a limit of up to 10% of its net asset value and subject to the conditions and within the limits from time to time laid down by the Central Bank.
Performance target: To outperform the S&P 500® Index by at least 2% per annum, before the deduction of charges, over any 5 year period.
The Fund is Actively Managed with reference to the S&P 500® Index, which is broadly representative of the companies in which it may invest, as this forms the basis of the Fund's performance target. The Sub- Investment Adviser has a high degree of freedom to exercise conviction, which may result in a high degree of bias within the portfolio. The Fund may invest in companies which are not within the index. Details of the Fund’s performance are available in the annual reports and semi-annual reports, the marketing materials and in the KIID. There is no guarantee that the Fund’s performance will match or exceed that benchmark.
Opportunistic alpha is achieved by the Sub-Investment Adviser investing opportunistically in its attempt to generate alpha (ie obtain excess returns) for Shareholders. Investing opportunistically means investing in companies which the Sub-Investment Adviser believes are undervalued or show potential for future growth / returns at times when such opportunities arise. Commonly referred to as stock picking or “bottom-up” investing, portfolios of fundamental-based investment funds are built one security at a time following intensive in house research into each company. Areas of research focus can include the company's management, financials, competitive strengths and weaknesses, earnings growth prospects and numerous other metrics. This approach rests on a belief that some companies have inherent strengths for creating shareholder value over time, have superior prospects to those of their peer groups and should therefore outperform even in challenging industrial and economic circumstances. The purpose of a fundamental investment approach is to identify and invest in such companies.
The Fund may invest in any of the types of transferable securities set forth above and which are traded on a Regulated Market subject to the limits set out herein.
The Fund may invest up to 10% of its net asset value in mortgage- and asset-backed securities issued or guaranteed by any OECD government, its agencies or instrumentalities or by private issuers and which may be rated below investment grade by the primary rating agencies.
The Fund may invest substantially all of its assets in equities to the extent that the relevant Sub-Investment Adviser believes that the relevant market environment favours profitable investing in those securities. Securities are generally selected by the Sub-Investment Adviser without regard to any defined industry sector or other similarly defined selection procedure and the Fund does not intend to specialise in any particular industry sector.
Realisation of income is not a significant investment consideration for the Fund.
The percentage of the Fund’s assets invested in equities will vary and, depending on market conditions as determined by the Sub-Investment Adviser, the Fund may hold ancillary liquid assets or short-term interest bearing securities in its portfolio, such as Government Securities or Debt Securities. The Fund may invest to a lesser degree in other types of securities including preference shares, Government Securities, Debt Securities, warrants and securities convertible into equities when the relevant Sub-Investment Adviser perceives an opportunity for capital growth from such securities. The Fund may invest up to 15% of its net asset value in Debt Securities (including high yield/high-risk bonds) or Government Securities rated below investment grade. The Fund may invest directly or indirectly (i.e. through depositary receipts including American Depositary Receipts, European Depositary Receipts and Global Depositary Receipts) in the relevant markets. The Fund may also invest up to 5% of its net asset value in zero coupon, pay-in-kind and Step Coupon Securities, and without limit in Index/Structured Securities. Pay-in-kind bonds are bonds which may pay interest in the form of additional bonds of the same kind.
The Fund may invest up to 5% of its net asset value in the securities of other Eligible Collective Investment Schemes. Such investment includes investing in other Funds. However the Fund may not invest in another Fund which itself holds Shares in other Funds. Where the Fund invests in another Fund, the investing Fund may not charge an annual management and/or investment management fee in respect of the portion of its assets invested in the other Fund.
The Sub-Investment Adviser generally takes a “bottom-up” approach to building portfolios. In other words, they seek to identify strong businesses with sustainable competitive advantages and improving returns on capital. The Fund follows an investment strategy in which companies are considered principally on their own fundamental qualitative and quantitative characteristics. Commonly referred to as stock picking or bottom-up investing, portfolios of fundamental-based investment funds are built one security at a time following intensive in-house research into each company. Areas of research focus can include the company's management,
financials, competitive strengths and weaknesses, earnings growth prospects and numerous other metrics. This approach rests on a belief that some companies have inherent strengths for creating shareholder value over time, have superior prospects to their peer groups and should therefore outperform even in challenging industry and economic circumstances. The purpose of a fundamental investment approach is to identify and invest in such companies.
The Fund may invest in financial derivative instruments for efficient portfolio management purposes. The Fund’s investment in financial derivative instruments will be subject to the limits set out within the Fund’s investment policy and the conditions and limits from time to time laid down by the Central Bank. There will be circumstances in which the Fund will be leveraged in using financial derivative instruments. The Fund is permitted to invest up to 10% of its net asset value in financial derivative instruments for investment purposes. The maximum amount of leverage, when calculated using the commitment approach, which the Fund can create through the use of financial derivative instruments is 100% of the net asset value of the Fund. However, Shareholders should note that, given the nature of financial derivative instruments and the fact that such instruments may be traded on margin, a relatively small adverse price movement in the underlying of a given financial derivative instrument may result in immediate and substantial movements in the exposure a Fund to that financial derivative instrument. In the event that any of the financial derivative instruments related exposure limits are exceeded for reasons beyond the control of the Fund, the Fund will remedy such situation as a priority, taking due account of the interests of its Shareholders.

##### USE OF TEMPORARY DEFENSIVE MEASURES
In certain circumstances, on a temporary and exceptional basis, when the Investment Adviser or Sub- Investment Adviser deems it to be in the best interests of Shareholders, the Fund may not adhere to its investment policies as disclosed above. For further information, see "Use of temporary defensive measures" in the Prospectus.

##### PROFILE OF A TYPICAL INVESTOR
The Fund is available to a wide range of investors seeking access to a portfolio managed in accordance with a specific investment objective and policy.
A potential investor should choose the Class that best suits such investor’s needs. When choosing a Class, potential investors should consider the following:
- How much the investor plans to invest;
- How long the investor expects to own the Shares;
- The expenses paid in respect of each Class;
- Whether the investor qualifies for any reduction or waiver of sales charges; and
- The currency of the share class.


##### INVESTMENT RESTRICTIONS
The Fund’s investments will be limited to investments permitted by the UCITS Regulations and other applicable restrictions as set out in Appendix 4 to the Prospectus.

##### USE	OF	INVESTMENT	TECHNIQUES	AND	INSTRUMENTS	AND	FINANCIAL	DERIVATIVE INSTRUMENTS
Subject to the ability of the Fund to invest up to 10% of its net asset value in financial derivative instruments for investment purposes, as set out under “Investment Objective and Policies” above, the Sub-Investment Adviser may only employ investment techniques and instruments, such as trading in futures, options and swaps and other financial derivative instruments for efficient portfolio management (i.e. reduction of risk, reduction of costs, generation of additional capital or income for the Fund) and the Sub-Investment Adviser is required to comply with the conditions and limits from time to time laid down by the Central Bank. Further information is set out under “Use of Investment Techniques and Instruments and Financial Derivatives Instruments” and “Types and description of financial derivative instruments” in the Prospectus.
The primary method of calculation of global exposure for the Fund is the commitment approach method. However, the VaR model may be employed where there is a higher volume or more complex usage of derivative strategies or there is a change in the risk profile of the Fund.

##### SECURITIES FINANCING TRANSACTIONS REGULATIONS
As more particularly described under “Securities Financing Transactions Regulation” in the Prospectus, subject to the investment restrictions set out in Appendix 4 to the Prospectus and any investment restriction set out in the section of the Supplement entitled “Investment Objective and Policies”: (a) with respect to permitted investments in total return swaps, the Fund can invest a maximum of 10% of its Net Asset Value; and (b) the Fund can invest a maximum of 100% of its Net Asset Value in Securities Financing Transactions. Subject to the above limits, it is expected that the Fund will generally invest in the range of 0 - 20% if its Net Asset Value in total return swaps and Securities Financing Transactions.

##### RISK FACTORS AND SPECIAL CONSIDERATIONS
Investors’ attention is drawn to the risk factors and other special considerations which may affect the Fund as set out under “Risk factors and special considerations” in the Prospectus. This does not purport to be an exhaustive list of the risk factors relating to investment in the Fund and investors’ attention is drawn to the description of the instruments set out in the section entitled “Investment Objectives and Policies”, above.

##### DISTRIBUTION POLICY
As more particularly described under “The Shares” in the Prospectus and in the section of the Supplement entitled “Classes of Shares”, Distributing Share Classes may differ in terms of their distribution frequency. Distributing Share Classes may distribute monthly, quarterly, semi-annually or annually as determined at the launch of the relevant Share Class. The distribution frequency of Share Classes are set out in the table below:
| Frequency of Distribution | Dates of Distribution Declaration |
| --- | --- |
| Accumulating Share Classes |
| Not applicable | Not applicable |
| Distributing Share Classes |
| Monthly | Monthly, normally on the fifteenth day of each month unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Quarterly | Quarterly, normally on 15 February, 15 May, 15 August and 15 November unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Semi-annually | Semi-annually, normally on 15 May and 15 November unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Annually | Annually, normally on 15 May unless it is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned date. |


##### TRADE CUT-OFF AND SETTLEMENT TIMES
Subscription orders for Shares received and accepted by or on behalf of the Transfer Agent or the Company and/or the Manager prior to the Trade Cut-Off Times on a Business Day specified in the tables below will be processed at the offering price determined on that Business Day. Subscription orders to subscribe for Shares received by or on behalf of the Transfer Agent or the Company and/or the Manager after the Trade Cut-Off Time on the relevant Business Day will be processed at the offering price determined on the next Business Day. If payment for subscription orders is not received by the relevant Settlement Time, a subscription may be cancelled or the Shareholder may be charged interest on the outstanding subscription monies at normal commercial rates. In such an event, the Distribution Agent or the Shareholder maybe liable for any loss to the Fund.
Processing of redemption orders is subject to receipt and acceptance by or on behalf of the Transfer Agent or the Company and/or the Manager of a valid redemption order. Subject to the provisions set out under “Limitations on Redemptions” in the Prospectus, redemption orders received and accepted by or on behalf of the Transfer Agent or by the Company and/or the Manager prior to the Trade Cut-Off Time on a Business Day will be processed at the net asset value per Share determined on that Business Day.
| Subscription | Trade cut-off Time | Settlement Time |
| --- | --- | --- |
| Subscriptions (other than Class Z Shares) | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |
| Subscriptions made directly to the Transfer Agent by Qualifying Institutional Investors/Class Z Shares | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | 3:30pm, London time on T |
| Redemption | Trade cut-off Time | Settlement Time |
| All Redemptions | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |


##### THE SUB-INVESTMENT ADVISER
The Manager has appointed JCIL to be the Company’s investment adviser. As at the date of this Supplement, JCIL has delegated to JCM responsibility for providing discretionary investment management and advisory services in respect of the whole or part of the assets of the Fund.

##### FEES AND EXPENSES
Details of the fees and expenses attaching to an investment in a Fund (including initial sales charges, CDSCs, dilution adjustment, investment management fees and distribution fees) are set out in the section entitled “Fees and Expenses” in the Prospectus and a summary of which is set out below. The Fees and Expenses to Capital Share Classes may charge certain fees and expenses to capital rather than income.
| Fee Type | Class A Shares | Class B Shares | Class E Shares | Class G Shares | Class H Shares | Class I Shares | Class S Shares | Class V Shares | Class Z Shares |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Initial Sales Charge | Up to 5.00% of the amount subscribed | N/A | Up to 3.00% of the amount subscribed | N/A | N/A | Up to 2.00% of the amount subscribed | Up to 2.00% of the amount subscribed | N/A | N/A |

| CDSC < 1 year since purchase 1-2 years 2-3 years 3-4 years >4 years since purchase | N/A | 4% 3% 2% 1% 0% | N/A | N/A | N/A | N/A | N/A | 3% 2% 1% 0% - | N/A |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Shareholder Service Fees | Up to 0.75% of net asset value | Up to 0.75% of net asset value | Up to 1.25% of net asset value | N/A | N/A | N/A | N/A | Up to 0.75% of net asset value | N/A |
| Distribution Fees | N/A | Up to 1.00% of net asset value | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investment Management Fee | Up to 1.25% of net asset value. | Up to 1.25% of net asset value. | Up to 1.25% of net asset value.. | Up to 0.80% of net asset value. | Up to 0.80% of net asset value. | Up to 0.95% of net asset value. | Up to 0.95% of net asset value. | Up to 1.25% of net asset value. | See Prospectus |
| Performance Fee | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Fee and Expenses Cap | 2.50% of net asset value | 3.50% of net asset value | 3.00% of net asset value | 1.05% of net asset value | 1.05% of net asset value | 1.20% of net asset value | 1.05% of net asset value | 2.75% of net asset value | See Prospectus |


##### DILUTION ADJUSTMENT
A dilution adjustment may be applied to the Net Asset Value per Share of the Fund on a dealing day (i) if net subscriptions or redemptions exceed a pre-determined threshold relating to the Fund’s Net Asset Value (where such a threshold has been pre-determined for the Fund from time to time by the Manager) or (ii) in any other cases where there are net subscriptions or redemptions in the Fund and the Manager or its delegate reasonably believes that imposing a dilution adjustment is in the best interests of existing Shareholders.

##### CLASSES OF SHARES
As more particularly described in the Prospectus under “The Shares”, the Company offers 11 Classes of Shares with various distribution policies, distribution frequencies, hedging policies and currencies in each Class. The name of each Class of Shares offered by the Company enables Shareholders to identify the distribution policy, distribution frequency, hedging policy and currency of a Class by reference to sub- classifications. The table below sets out details of the Classes of Shares approved by the Central Bank, and the Classes which are available for purchase as at the date of this Supplement.
Where a Class of Shares in any Fund has not previously been issued or is being re-offered, then initial subscriptions for such Shares will be accepted: (i) on such date(s) to be determined by the Manager and notified in advance to the Central Bank; and (ii) the initial offer price and re-offer price as set out in the Prospectus under “Initial offers of share classes”. Alternatively, in the case of a Fund which already has one or more Classes of Shares in issue, the initial offer price per Share for subsequent Classes of Shares issued in respect of that Fund may be the net asset value per Share of such other Class of Shares of that Fund as may be determined by the Manager and notified in advance to the Central Bank and potential Shareholders.
| SHARE CLASSES approved by the Central Bank as at the date of this Supplement |
| --- |
| US Dollar Classes | Euro Classes | Pound Sterling Classes | Hong Kong Dollar Classes | Australia Dollar Classes | Swiss Franc Classes | Canadian Dollar Classes | Renminbi (CNH) Classes | Swedish Kronor Classes | New Zealand dollar Classes | Singapore Dollar Classes |
| A2 USD B2 USD E2 USD I2 USD S2 USD H2 USD G2 USD V2 USD Z2 USD A1 USD I1 USD H1 USD | A2 HEUR B2 HEUR E2 HEUR I2 HEUR S2 HEUR H2 HEUR G2 HEUR V2 HEUR Z2 EUR A1 HEUR H1 HEUR | I2 HGBP I2 GBP S2 HGBP H2 HGBP H2 GBP G2 HGBP G2 GBP Z2 GBP Z2 HGBP | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF Z2 CHF | A2 HCAD A5M HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD |


###### Supplement for the

###### Janus Henderson US Research Fund
The date of this Supplement is 26 February 2021.

###### This Supplement contains information specific to the Janus Henderson US Research Fund (the “Fund”), a sub-fund of Janus Henderson Capital Funds plc (the “Company”). The Company is a UCITS established as an umbrella investment company with segregated liability between Funds with variable capital incorporated in Ireland and regulated by the Central Bank.

###### This Supplement forms part of and should be read in conjunction with the latest Prospectus. The Prospectus may be revised or supplemented from time to time. All capitalised terms used in this Supplement and not otherwise defined herein shall have the meanings set forth in the Prospectus.

##### SUMMARY

###### The information set out under this heading is a summary of the principal features of the Fund, and should be read in conjunction with the full text of the Supplement.
| Classes of Shares | Details of the Classes of Shares are set out in the section below entitled “Classes of Shares” |
| --- | --- |
| Investors should note that, as at the date of this Supplement, only certain Classes of Shares of the Fund are currently available for purchase. Furthermore, not all Classes of Shares are available in all jurisdictions and investors are requested to contact the relevant Distribution Agent for a list of Classes of Shares available to them. |
| Frequency of Subscriptions, Redemptions and Exchanges | Unless otherwise determined by the Directors and/or the Manager, subscriptions for and redemptions and exchanges of Shares may be made on any Business Day subject to the procedures described in the sections of the Prospectus entitled “How to Purchase Shares”, “How to Redeem Shares” and “How to Exchange or Transfer Shares”. |
| Minimum Subscriptions | The minimum initial and subsequent subscriptions applicable to each Class within the Fund are set out in the section entitled “How to purchase shares” in the Prospectus. |
| Suitability of Classes | Suitability of Classes and eligibility of investors for particular Classes are described in the section entitled “The Shares” in the Prospectus. |
| Base Currency | US Dollar |


##### INVESTMENT OBJECTIVE AND POLICIES
The Fund’s investment objective is long-term growth of capital. It pursues its objective by investing at least 80% of its net asset value in equities (known as company shares) of US Companies selected for their growth potential. The Fund may invest in companies of any size, which may include larger well-established companies and/or smaller emerging growth companies. The aggregate amount of the Fund which may be invested in securities traded on the Developing Markets is 10% of the net asset value of the Fund. The Fund may also invest in equities, preference shares, securities convertible into equities or preference shares, such as convertible preference shares, and other securities with equity characteristics. The Fund may employ investment techniques and instruments for investment purposes, such as trading in futures, options and swaps and other financial derivative instruments, subject to a limit of up to 10% of its net asset value and subject to the conditions and within the limits from time to time laid down by the Central Bank.
The Fund is seeking outperformance of Russell 1000® Index by at least 2% per Annum, before the deduction of fees and expenses, over any 5 year period.
The Fund is Actively Managed with reference to the Russell 1000® Index, which is broadly representative of the companies in which it may invest, as this forms the basis of the Fund's performance target. The Sub- Investment Adviser has discretion to choose individual investments for the Fund with weightings different to the index or not in the index, but at times the Fund may hold investments similar to the index. The Sub- Investment Adviser will seek to maintain the portfolio with sector weightings close to those of the index. Details of the Fund’s performance are available in the annual reports and semi-annual reports, the marketing materials and in the KIID. There is no guarantee that the Fund’s performance will match or exceed that benchmark.
The Sub-Investment Adviser selects investments which are high conviction investment ideas in all market capitalisations, styles, industry sectors and geographies. The Sub-Investment Adviser uses fundamental analysis with a focus on ‘‘bottom-up’’ research, quantitative modelling, and valuation analysis. The Sub- Investment Adviser seeks to identify strong businesses with sustainable competitive advantages and improving returns on capital. Companies are considered principally on their own fundamental qualitative and quantitative characteristics. Commonly referred to as stock picking or bottom-up investing, portfolios of fundamental-based investment funds are built one security at a time following in house research into each company. Areas of focus can include the company's management, financials, competitive strengths and weaknesses, earnings growth prospects and numerous other metrics. This approach rests on a belief that some companies have inherent strengths for creating shareholder value over time, have better prospects than their peer groups and should therefore outperform even in challenging industrial and economic circumstances. The purpose of a fundamental investment approach is to identify and invest in such companies.
The Fund may invest in any of the types of transferable securities subject to the limits set out herein. The Fund may invest up to 20% of its net asset value in the securities of non-US issuers. Generally, such non-US investments will be traded on Regulated Markets that are not considered Developing Markets.
The Fund may invest up to 10% of its net asset value in mortgage- and asset-backed securities issued or guaranteed by any OECD government, its agencies or instrumentalities or by private issuers and which may be rated below investment grade by the primary rating agencies.
The Fund may invest substantially all of its assets in equities to the extent that the relevant Sub-Investment Adviser believes that the relevant market environment favours profitable investing in those securities. Securities are generally selected by the Sub-Investment Adviser without regard to any defined industry sector or other similarly defined selection procedure and the Fund does not intend to specialise in any particular industry sector.
Realisation of income is not a significant investment consideration for the Fund.
The percentage of the Fund’s assets invested in equities will vary and, depending on market conditions as determined by the Sub-Investment Adviser, the Fund may hold ancillary liquid assets or short-term interest bearing securities in its portfolio, such as Government Securities or Debt Securities. The Fund may invest to a lesser degree in other types of securities including preference shares, Government Securities, Debt Securities, warrants and securities convertible into equities when the relevant Sub-Investment Adviser perceives an opportunity for capital growth from such securities. The Fund may invest up to 15% of its net asset value in Debt Securities (including high yield/high-risk bonds) or Government Securities rated below investment grade. The Fund may invest directly or indirectly (i.e. through depositary receipts including American Depositary Receipts, European Depositary Receipts and Global Depositary Receipts) in the relevant markets. The Fund may also invest up to 5% of its net asset value in zero coupon, pay-in-kind and Step Coupon Securities, and without limit in Index/Structured Securities. Pay-in-kind bonds are bonds which may pay interest in the form of additional bonds of the same kind.
The Fund may invest up to 5% of its net asset value in the securities of other Eligible Collective Investment Schemes. Such investment includes investing in other Funds. However the Fund may not invest in another Fund which itself holds Shares in other Funds. Where the Fund invests in another Fund, the investing Fund may not charge an annual management and/or investment management fee in respect of the portion of its assets invested in the other Fund.
The Sub-Investment Adviser generally takes a “bottom-up” approach to building portfolios. In other words, they seek to identify strong businesses with sustainable competitive advantages and improving returns on capital. The Fund follows an investment strategy in which companies are considered principally on their own fundamental qualitative and quantitative characteristics. Commonly referred to as stock picking or bottom-up
investing, portfolios of fundamental-based investment funds are built one security at a time following intensive in-house research into each company. Areas of research focus can include the company's management, financials, competitive strengths and weaknesses, earnings growth prospects and numerous other metrics. This approach rests on a belief that some companies have inherent strengths for creating shareholder value over time, have superior prospects to their peer groups and should therefore outperform even in challenging industry and economic circumstances. The purpose of a fundamental investment approach is to identify and invest in such companies.
The Fund may invest in financial derivative instruments for efficient portfolio management purposes. The Fund’s investment in financial derivative instruments will be subject to the limits set out within the Fund’s investment policy and the conditions and limits from time to time laid down by the Central Bank. There will be circumstances in which the Fund will be leveraged in using financial derivative instruments. The Fund is permitted to invest up to 10% of its net asset value in financial derivative instruments for investment purposes. The maximum amount of leverage, when calculated using the commitment approach, which the Fund can create through the use of financial derivative instruments is 100% of the net asset value of the Fund. However, Shareholders should note that, given the nature of financial derivative instruments and the fact that such instruments may be traded on margin, a relatively small adverse price movement in the underlying of a given financial derivative instrument may result in immediate and substantial movements in the exposure a Fund to that financial derivative instrument. In the event that any of the financial derivative instruments related exposure limits are exceeded for reasons beyond the control of the Fund, the Fund will remedy such situation as a priority, taking due account of the interests of its Shareholders.

##### EUROPEAN BENCHMARKS REGULATION
As at the date of the Supplement, FTSE International Limited (as administrator of the Russell 1000® Index) is included in the register maintained by ESMA under the Benchmarks Regulation.

##### USE OF TEMPORARY DEFENSIVE MEASURES
In certain circumstances, on a temporary and exceptional basis, when the Investment Adviser or Sub- Investment Adviser deems it to be in the best interests of Shareholders, the Fund may not adhere to its investment policies as disclosed above. For further information, see "Use of temporary defensive measures" in the Prospectus.

##### PROFILE OF A TYPICAL INVESTOR
The Fund is available to a wide range of investors seeking access to a portfolio managed in accordance with a specific investment objective and policy.
A potential investor should choose the Class that best suits such investor’s needs. When choosing a Class, potential investors should consider the following:
- How much the investor plans to invest;
- How long the investor expects to own the Shares;
- The expenses paid in respect of each Class;
- Whether the investor qualifies for any reduction or waiver of sales charges; and
- The currency of the share class.


##### INVESTMENT RESTRICTIONS
The Fund’s investments will be limited to investments permitted by the UCITS Regulations and other applicable restrictions as set out in Appendix 4 to the Prospectus.

##### USE	OF	INVESTMENT	TECHNIQUES	AND	INSTRUMENTS	AND	FINANCIAL	DERIVATIVE INSTRUMENTS
Subject to the ability of the Fund to invest up to 10% of its net asset value in financial derivative instruments for investment purposes, as set out under “Investment Objective and Policies” above, the Sub-Investment Adviser may only employ investment techniques and instruments, such as trading in futures, options and
swaps and other financial derivative instruments for efficient portfolio management (i.e. reduction of risk, reduction of costs, generation of additional capital or income for the Fund) and the Sub-Investment Adviser is required to comply with the conditions and limits from time to time laid down by the Central Bank. Further information is set out under “Use of Investment Techniques and Instruments and Financial Derivatives Instruments” and “Types and description of financial derivative instruments” in the Prospectus.
The primary method of calculation of global exposure for the Fund is the commitment approach method. However, the VaR model may be employed where there is a higher volume or more complex usage of derivative strategies or there is a change in the risk profile of the Fund.

##### SECURITIES FINANCING TRANSACTIONS REGULATIONS
As more particularly described under “Securities Financing Transactions Regulation” in the Prospectus, subject to the investment restrictions set out in Appendix 4 to the Prospectus and any investment restriction set out in the section of the Supplement entitled “Investment Objective and Policies”: (a) with respect to permitted investments in total return swaps, the Fund can invest a maximum of 10% of its Net Asset Value; and (b) the Fund can invest a maximum of 100% of its Net Asset Value in Securities Financing Transactions. Subject to the above limits, it is expected that the Fund will generally invest in the range of 0 - 20% if its Net Asset Value in total return swaps and Securities Financing Transactions.

##### RISK FACTORS AND SPECIAL CONSIDERATIONS
Investors’ attention is drawn to the risk factors and other special considerations which may affect the Fund as set out under “Risk factors and special considerations” in the Prospectus. This does not purport to be an exhaustive list of the risk factors relating to investment in the Fund and investors’ attention is drawn to the description of the instruments set out in the section entitled “Investment Objectives and Policies”, above.

##### DISTRIBUTION POLICY
As more particularly described under “The Shares” in the Prospectus and in the section of the Supplement entitled “Classes of Shares”, Distributing Share Classes may differ in terms of their distribution frequency. Distributing Share Classes may distribute monthly, quarterly, semi-annually or annually as determined at the launch of the relevant Share Class. The distribution frequency of Share Classes are set out in the table below:
| Frequency of Distribution | Dates of Distribution Declaration |
| --- | --- |
| Accumulating Share Classes |
| Not applicable | Not applicable |
| Distributing Share Classes |
| Monthly | Monthly, normally on the fifteenth day of each month unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Quarterly | Quarterly, normally on 15 January, 15 April, 15 July and 15 October unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Semi-annually | Semi-annually, normally on 15 April and 15 October unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |

| Frequency of Distribution | Dates of Distribution Declaration |
| --- | --- |
| Annually | Annually, normally on 15 October unless it is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned date. |


##### TRADE CUT-OFF AND SETTLEMENT TIMES
Subscription orders for Shares received and accepted by or on behalf of the Transfer Agent or the Company and/or the Manager prior to the Trade Cut-Off Times on a Business Day specified in the tables below will be processed at the offering price determined on that Business Day. Subscription orders to subscribe for Shares received by or on behalf of the Transfer Agent or the Company and/or the Manager after the Trade Cut-Off Time on the relevant Business Day will be processed at the offering price determined on the next Business Day. If payment for subscription orders is not received by the relevant Settlement Time, a subscription may be cancelled or the Shareholder may be charged interest on the outstanding subscription monies at normal commercial rates. In such an event, the Distribution Agent or the Shareholder may be liable for any loss to the Fund.
Processing of redemption orders is subject to receipt and acceptance by or on behalf of the Transfer Agent or the Company and/or the Manager of a valid redemption order. Subject to the provisions set out under “Limitations on Redemptions” in the Prospectus, redemption orders received and accepted by or on behalf of the Transfer Agent or by the Company and/or the Manager prior to the Trade Cut-Off Time on a Business Day will be processed at the net asset value per Share determined on that Business Day.
| Subscription | Trade cut-off Time | Settlement Time |
| --- | --- | --- |
| Subscriptions (other than Class Z Shares) | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |
| Subscriptions made directly to the Transfer Agent by Qualifying Institutional Investors/Class Z Shares | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | 3:30pm, London time on T |
| Redemption | Trade cut-off Time | Settlement Time |
| All Redemptions | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |


##### THE SUB-INVESTMENT ADVISER
The Manager has appointed JCIL to be the Company’s investment adviser. As at the date of this Supplement, JCIL has delegated to JCM responsibility for providing discretionary investment management and advisory services in respect of the whole or part of the assets of the Fund.

##### FEES AND EXPENSES
Details of the fees and expenses attaching to an investment in a Fund (including initial sales charges, CDSCs, dilution adjustment, investment management fees and distribution fees) are set out in the section entitled “Fees and Expenses” in the Prospectus and a summary of which is set out below. The Fees and Expenses to Capital Share Classes may charge certain fees and expenses to capital rather than income.
| Fee Type | Class A Shares | Class B Shares | Class E Shares | Class G Shares | Class H Shares | Class I Shares | Class S Shares | Class V Shares | Class Z Shares |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Initial Sales Charge | Up to 5.00% of the amount subscribed | N/A | Up to 3.00% of the amount subscribed | N/A | N/A | Up to 2.00% of the amount subscribed | Up to 2.00% of the amount subscribed | N/A | N/A |
| CDSC < 1 year since purchase 1-2 years 2-3 years 3-4 years >4 years since purchase | N/A | 4% 3% 2% 1% 0% | N/A | N/A | N/A | N/A | N/A | 3% 2% 1% 0% - | N/A |
| Shareholder Service Fees | Up to 0.75% of net asset value | Up to 0.75% of net asset value | Up to 1.25% of net asset value | N/A | N/A | N/A | N/A | Up to 0.75% of net asset value | N/A |
| Distribution Fees | N/A | Up to 1.00% of net asset value | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investment Management Fee | Up to 1.00% of net asset value. | Up to 1.50% of net asset value. | Up to 1.50% of net asset value.. | Up to 0.80% of net asset value. | Up to 0.80% of net asset value. | Up to 0.95% of net asset value. | Up to 0.95% of net asset value. | Up to 1.50% of net asset value. | See Prospectus |
| Performance Fee | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Fee and Expenses Cap | 2.25% of net asset value | 3.75% of net asset value | 3.50% of net asset value | 1.05% of net asset value | 1.05% of net asset value | 1.20% of net asset value | 1.05% of net asset value | 3.00% of net asset value | See Prospectus |


##### DILUTION ADJUSTMENT
A dilution adjustment may be applied to the Net Asset Value per Share of the Fund on a dealing day (i) if net subscriptions or redemptions exceed a pre-determined threshold relating to the Fund’s Net Asset Value (where such a threshold has been pre-determined for the Fund from time to time by the Manager) or (ii) in any other cases where there are net subscriptions or redemptions in the Fund and the Manager or its delegate reasonably believes that imposing a dilution adjustment is in the best interests of existing Shareholders.

##### CLASSES OF SHARES
As more particularly described in the Prospectus under “The Shares”, the Company offers 11 Classes of Shares with various distribution policies, distribution frequencies, hedging policies and currencies in each Class. The name of each Class of Shares offered by the Company enables Shareholders to identify the distribution policy, distribution frequency, hedging policy and currency of a Class by reference to sub- classifications. The table below sets out details of the Classes of Shares approved by the Central Bank, and the Classes which are available for purchase as at the date of this Supplement.
Where a Class of Shares in any Fund has not previously been issued or is being re-offered, then initial subscriptions for such Shares will be accepted: (i) on such date(s) to be determined by the Manager and notified in advance to the Central Bank; and (ii) the initial offer price and re-offer price as set out in the Prospectus under “Initial offers of share classes”. Alternatively, in the case of a Fund which already has one or more Classes of Shares in issue, the initial offer price per Share for subsequent Classes of Shares issued in respect of that Fund may be the net asset value per Share of such other Class of Shares of that Fund as may be determined by the Manager and notified in advance to the Central Bank and potential Shareholders.
| SHARE CLASSES approved by the Central Bank as at the date of this Supplement |
| --- |
| US Dollar Classes | Euro Classes | Pound Sterling Classes | Hong Kong Dollar Classes | Australia Dollar Classes | Swiss Franc Classes | Canadian Dollar Classes | Renminbi (CNH) Classes | Swedish Kronor Classes | New Zealand dollar Classes | Singapore Dollar Classes |
| A2 USD B2 USD E2 USD I2 USD S2 USD H2 USD G2 USD V2 USD Z2 USD Z1 USD I1 USD H1 USD A1 USD | A2 HEUR B2 HEUR E2 HEUR I2 HEUR S2 HEUR H2 HEUR G2 HEUR V2 HEUR Z2 EUR A1 HEUR H1 HEUR | I2 HGBP I2 GBP S2 HGBP H2 HGBP H2 GBP G2 HGBP G2 GBP Z2 GBP Z2 HGBP | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF H2 HCHF G2 HCHF Z2 CHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD |

.

###### Supplement for the

###### Janus Henderson US Forty Fund
The date of this Supplement is 26 February 2021.

###### This Supplement contains information specific to the Janus Henderson US Forty Fund (the “Fund”), a sub-fund of Janus Henderson Capital Funds plc (the “Company”). The Company is a UCITS established as an umbrella investment company with segregated liability between Funds with variable capital incorporated in Ireland and regulated by the Central Bank.

###### This Supplement forms part of and should be read in conjunction with the latest Prospectus. The Prospectus may be revised or supplemented from time to time. All capitalised terms used in this Supplement and not otherwise defined herein shall have the meanings set forth in the Prospectus.

##### SUMMARY

###### The information set out under this heading is a summary of the principal features of the Fund, and should be read in conjunction with the full text of the Supplement.
| Classes of Shares | Details of the Classes of Shares are set out in the section below entitled “Classes of Shares”. |
| --- | --- |
| Investors should note that, as at the date of this Supplement, only certain Classes of Shares of the Fund are currently available for purchase. Furthermore, not all Classes of Shares are available in all jurisdictions and investors are requested to contact the relevant Distribution Agent for a list of Classes of Shares available to them. |
| Frequency of Subscriptions, Redemptions and Exchanges | Unless otherwise determined by the Directors and/or the Manager, subscriptions for and redemptions and exchanges of Shares may be made on any Business Day subject to the procedures described in the sections of the Prospectus entitled “How to Purchase Shares”, “How to Redeem Shares” and “How to Exchange or Transfer Shares”. |
| Minimum Subscriptions | The minimum initial and subsequent subscriptions applicable to each Class within the Fund are set out in the section entitled “How to purchase shares” in the Prospectus. |
| Suitability of Classes | Suitability of Classes and eligibility of investors for particular Classes are described in the section entitled “The Shares” in the Prospectus. |
| Base Currency | US Dollar |


##### INVESTMENT OBJECTIVE AND POLICIES
The Fund’s investment objective is long-term growth of capital. It seeks to achieve its objective by investing at least 80% of its net asset value in a concentrated portfolio of 20-40 equities (also known as company shares) of US Companies selected for their growth potential. The aggregate amount of the Fund which may be invested in securities traded on the Developing Markets is 10% of the net asset value of the Fund. The Fund will generally invest in larger well-established companies and across industries and sectors. The Fund may employ investment techniques and instruments for investment purposes, such as trading in futures, options and swaps and other financial derivative instruments, subject to a limit of up to 10% of its net asset value and subject to the conditions and within the limits from time to time laid down by the Central Bank.
Performance target: To outperform the Russell 1000® Growth Index by at least 2.5% per annum, before the deduction of charges, over any 5 year period.
The Fund is Actively Managed with reference to the Russell 1000® Growth Index, which is broadly representative of the companies in which it may invest, as this forms the basis of the Fund's performance
target. The Sub-Investment Adviser has a high degree of freedom to exercise conviction, which may result in a high degree of bias within the portfolio. The Fund may hold companies which are not within the index. Details of the Fund’s performance are available in the annual reports and semi-annual reports, the marketing materials and in the KIID. There is no guarantee that the Fund’s performance will match or exceed that benchmark.
The Sub-Investment Adviser seeks to identify strong businesses with sustainable competitive advantages and improving returns on capital. Companies are considered principally on their own fundamental qualitative and quantitative characteristics. Commonly referred to as stock picking or “bottom-up” investing, portfolios of fundamental-based investment funds are built one security at a time following in house research into each company. Areas of focus can include the company's management, financials, competitive strengths and weaknesses, earnings growth prospects and numerous other metrics etc. This approach rests on a belief that some companies have inherent strengths for creating shareholder value over time, have superior prospects than their peer groups and should therefore outperform even in challenging industrial and economic circumstances. The purpose of a fundamental investment approach is to identify and invest in such companies.
The Fund may invest in any of the types of transferable securities subject to the limits set out herein. The Fund may invest up to 20% of its net asset value in the securities of non-US issuers. Generally, such non-US investments will be traded on Regulated Markets that are not considered Developing Markets.
The Fund may invest up to 10% of its net asset value in mortgage- and asset-backed securities issued or guaranteed by any OECD government, its agencies or instrumentalities or by private issuers and which may be rated below investment grade by the primary rating agencies.
The Fund may invest substantially all of its assets in equities to the extent that the relevant Sub-Investment Adviser believes that the relevant market environment favours profitable investing in those securities. Securities are generally selected by the Sub-Investment Adviser without regard to any defined industry sector or other similarly defined selection procedure and the Fund does not intend to specialise in any particular industry sector.
Realisation of income is not a significant investment consideration for the Fund.
The percentage of the Fund’s assets invested in equities will vary and, depending on market conditions as determined by the Sub-Investment Adviser, the Fund may hold ancillary liquid assets or short-term interest bearing securities in its portfolio, such as Government Securities or Debt Securities. The Fund may invest to a lesser degree in other types of securities including preference shares, Government Securities, Debt Securities, warrants and securities convertible into equities when the relevant Sub-Investment Adviser perceives an opportunity for capital growth from such securities. The Fund may invest up to 15% of its net asset value in Debt Securities (including high yield/high-risk bonds) or Government Securities rated below investment grade. The Fund may invest directly or indirectly (i.e. through depositary receipts including American Depositary Receipts, European Depositary Receipts and Global Depositary Receipts) in the relevant markets. The Fund may also invest up to 5% of its net asset value in zero coupon, pay-in-kind and Step Coupon Securities, and without limit in Index/Structured Securities. Pay-in-kind bonds are bonds which may pay interest in the form of additional bonds of the same kind.
The Fund may invest up to 5% of its net asset value in the securities of other Eligible Collective Investment Schemes. Such investment includes investing in other Funds. However the Fund may not invest in another Fund which itself holds Shares in other Funds. Where the Fund invests in another Fund, the investing Fund may not charge an annual management and/or investment management fee in respect of the portion of its assets invested in the other Fund.
The Sub-Investment Adviser generally takes a “bottom-up” approach to building portfolios. In other words, they seek to identify strong businesses with sustainable competitive advantages and improving returns on capital. The Fund follows an investment strategy in which companies are considered principally on their own fundamental qualitative and quantitative characteristics. Commonly referred to as stock picking or bottom-up investing, portfolios of fundamental-based investment funds are built one security at a time following intensive in-house research into each company. Areas of research focus can include the company's management, financials, competitive strengths and weaknesses, earnings growth prospects and numerous other metrics. This approach rests on a belief that some companies have inherent strengths for creating shareholder value over time, have superior prospects to their peer groups and should therefore outperform even in challenging
industry and economic circumstances. The purpose of a fundamental investment approach is to identify and invest in such companies.
The Fund may invest in financial derivative instruments for efficient portfolio management purposes. The Fund’s investment in financial derivative instruments will be subject to the limits set out within the Fund’s investment policy and the conditions and limits from time to time laid down by the Central Bank. There will be circumstances in which the Fund will be leveraged in using financial derivative instruments. The Fund is permitted to invest up to 10% of its net asset value in financial derivative instruments for investment purposes. The maximum amount of leverage, when calculated using the commitment approach, which the Fund can create through the use of financial derivative instruments is 100% of the net asset value of the Fund. Where the market risk of the Fund is measured using the VaR methodology, the Fund’s leverage is calculated using the sum of the notionals of the derivatives held by the Fund, details of the leverage are disclosed herein in the Fund’s investment policies. However, Shareholders should note that, given the nature of financial derivative instruments and the fact that such instruments may be traded on margin, a relatively small adverse price movement in the underlying of a given financial derivative instrument may result in immediate and substantial movements in the exposure a Fund to that financial derivative instrument. In the event that any of the financial derivative instruments related exposure limits are exceeded for reasons beyond the control of the Fund, the Fund will remedy such situation as a priority, taking due account of the interests of its Shareholders.

##### USE OF TEMPORARY DEFENSIVE MEASURES
In certain circumstances, on a temporary and exceptional basis, when the Sub-Investment Adviser deems it to be in the best interests of Shareholders, the Fund may not adhere to its investment policies as disclosed above. For further information, see "Use of temporary defensive measures" in the Prospectus.

##### PROFILE OF A TYPICAL INVESTOR
The Fund is available to a wide range of investors seeking access to a portfolio managed in accordance with a specific investment objective and policy.
A potential investor should choose the Class that best suits such investor’s needs. When choosing a Class, potential investors should consider the following:
- How much the investor plans to invest;
- How long the investor expects to own the Shares;
- The expenses paid in respect of each Class;
- Whether the investor qualifies for any reduction or waiver of sales charges; and
- The currency of the share class.


##### INVESTMENT RESTRICTIONS
The Fund’s investments will be limited to investments permitted by the UCITS Regulations and other applicable restrictions as set out in Appendix 4 to the Prospectus.

##### USE	OF	INVESTMENT	TECHNIQUES	AND	INSTRUMENTS	AND	FINANCIAL	DERIVATIVE INSTRUMENTS
Subject to the ability of the Fund to invest up to 10% of its net asset value in financial derivative instruments for investment purposes, as set out under “Investment Objective and Policies” above, the Sub-Investment Adviser may only employ investment techniques and instruments, such as trading in futures, options and swaps and other financial derivative instruments for efficient portfolio management (i.e. reduction of risk, reduction of costs, generation of additional capital or income for the Fund) and the Sub-Investment Adviser is required to comply with the conditions and limits from time to time laid down by the Central Bank. Further information is set out under “Use of Investment Techniques and Instruments and Financial Derivatives Instruments” and “Types and description of financial derivative instruments” in the Prospectus.
The primary method of calculation of global exposure for the Fund is the commitment approach method. However, the VaR model may be employed where there is a higher volume or more complex usage of derivative strategies or there is a change in the risk profile of the Fund.

##### SECURITIES FINANCING TRANSACTIONS REGULATIONS
As more particularly described under “Securities Financing Transactions Regulation” in the Prospectus, subject to the investment restrictions set out in Appendix 4 to the Prospectus and any investment restriction set out in the section of the Supplement entitled “Investment Objective and Policies”: (a) with respect to permitted investments in total return swaps, the Fund can invest a maximum of 10% of its Net Asset Value; and (b) the Fund can invest a maximum of 100% of its Net Asset Value in Securities Financing Transactions. Subject to the above limits, it is expected that the Fund will generally invest in the range of 0 - 20% if its Net Asset Value in total return swaps and Securities Financing Transactions.

##### RISK FACTORS AND SPECIAL CONSIDERATIONS
Investors’ attention is drawn to the risk factors and other special considerations which may affect the Fund as set out under “Risk factors and special considerations” in the Prospectus. This does not purport to be an exhaustive list of the risk factors relating to investment in the Fund and investors’ attention is drawn to the description of the instruments set out in the section entitled “Investment Objectives and Policies”, above.

##### DISTRIBUTION POLICY
As more particularly described under “The Shares” in the Prospectus and in the section of the Supplement entitled “Classes of Shares”, Distributing Share Classes may differ in terms of their distribution frequency. Distributing Share Classes may distribute monthly, quarterly, semi-annually or annually as determined at the launch of the relevant Share Class. The distribution frequency of Share Classes are set out in the table below:
| Frequency of Distribution | Dates of Distribution Declaration |
| --- | --- |
| Accumulating Share Classes |
| Not applicable | Not applicable |
| Distributing Share Classes |
| Monthly | Monthly, normally on the fifteenth day of each month unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Quarterly | Quarterly, normally on 15 February, 15 May, 15 August and 15 November unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Semi-annually | Semi-annually, normally on 15 May and 15 November unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Annually | Annually, normally on 15 May unless it is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned date. |


##### TRADE CUT-OFF AND SETTLEMENT TIMES
Subscription orders for Shares received and accepted by or on behalf of the Transfer Agent or the Company and/or the Manager prior to the Trade Cut-Off Times on a Business Day specified in the tables below will be processed at the offering price determined on that Business Day. Subscription orders to subscribe for Shares received by or on behalf of the Transfer Agent or the Company and/or the Manager after the Trade Cut-Off Time on the relevant Business Day will be processed at the offering price determined on the next Business Day. If payment for subscription orders is not received by the relevant Settlement Time, a subscription may be cancelled or the Shareholder may be charged interest on the outstanding subscription monies at normal commercial rates. In such an event, the Distribution Agent or the Shareholder may be liable to the Fund for any loss.
Processing of redemption orders is subject to receipt and acceptance by or on behalf of the Transfer Agent or the Company and/or the Manager of a valid redemption order. Subject to the provisions set out under “Limitations on Redemptions” in the Prospectus, redemption orders received and accepted by or on behalf of the Transfer Agent or by the Company and/or the Manager prior to the Trade Cut-Off Time on a Business Day will be processed at the net asset value per Share determined on that Business Day.
| Subscription | Trade cut-off Time | Settlement Time |
| --- | --- | --- |
| Subscriptions (other than Class Z Shares) | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |
| Subscriptions made directly to the Transfer Agent by Qualifying Institutional Investors/Class Z Shares | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | 3:30pm, London time on T |
| Redemption | Trade cut-off Time | Settlement Time |
| All Redemptions | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |


##### THE SUB-INVESTMENT ADVISER
The Manager has appointed JCIL to be the Company’s investment adviser. As at the date of this Supplement, JCIL has delegated to JCM responsibility for providing discretionary investment management and advisory services in respect of the whole or part of the assets of the Fund.

##### FEES AND EXPENSES
Details of the fees and expenses attaching to an investment in a Fund (including initial sales charges, CDSCs, dilution adjustment, investment management fees and distribution fees) are set out in the section entitled “Fees and Expenses” in the Prospectus and a summary of which is set out below. The Fees and Expenses to Capital Share Classes may charge certain fees and expenses to capital rather than income.
| Fee Type | Class A Shares | Class B Shares | Class E Shares | Class G Shares | Class H Shares | Class I Shares | Class S Shares | Class V Shares | Class Z Shares |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Initial Sales Charge | Up to 5.00% of the amount subscribed | N/A | Up to 3.00% of the amount subscribed | N/A | N/A | Up to 2.00% of the amount subscribed | Up to 2.00% of the amount subscribed | N/A | N/A |
| CDSC < 1 year since purchase 1-2 years 2-3 years | N/A | 4% 3% 2% | N/A | N/A | N/A | N/A | N/A | 3% 2% | N/A |

| 3-4 years >4 years since purchase |  | 1% 0% |  |  |  |  |  | 1% 0% - |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Shareholder Service Fees | Up to 0.75% of net asset value | Up to 0.75% of net asset value | Up to 1.25% of net asset value | N/A | N/A | N/A | N/A | Up to 0.75% of net asset value | N/A |
| Distribution Fees | N/A | Up to 1.00% of net asset value | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investment Management Fee | Up to 1.25% of net asset value. | Up to 1.25% of net asset value. | Up to 1.25% of net asset value.. | Up to 0.80% of net asset value. | Up to 0.80% of net asset value. | Up to 0.95% of net asset value. | Up to 0.95% of net asset value. | Up to 1.25% of net asset value. | See Prospectus |
| Performance Fee | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Fee and Expenses Cap | 2.50% of net asset value | 3.50% of net asset value | 3.00% of net asset value | 1.05% of net asset value | 1.05% of net asset value | 1.20% of net asset value | 1.05% of net asset value | 2.50% of net asset value | See Prospectus |


##### DILUTION ADJUSTMENT
A dilution adjustment may be applied to the Net Asset Value per Share of the Fund on a dealing day (i) if net subscriptions or redemptions exceed a pre-determined threshold relating to the Fund’s Net Asset Value (where such a threshold has been pre-determined for the Fund from time to time by the Manager) or (ii) in any other cases where there are net subscriptions or redemptions in the Fund and the Manager or its delegate reasonably believes that imposing a dilution adjustment is in the best interests of existing Shareholders.

##### CLASSES OF SHARES
As more particularly described in the Prospectus under “The Shares”, the Company offers 11 Classes of Shares with various distribution policies, distribution frequencies, hedging policies and currencies in each Class. The name of each Class of Shares offered by the Company enables Shareholders to identify the distribution policy, distribution frequency, hedging policy and currency of a Class by reference to sub- classifications. The table below sets out details of the Classes of Shares approved by the Central Bank, and the Classes which are available for purchase as at the date of this Supplement.
Where a Class of Shares in any Fund has not previously been issued or is being re-offered, then initial subscriptions for such Shares will be accepted: (i) on such date(s) to be determined by the Manager and notified in advance to the Central Bank; and (ii) the initial offer price and re-offer price as set out in the Prospectus under “Initial offers of share classes”. Alternatively, in the case of a Fund which already has one or more Classes of Shares in issue, the initial offer price per Share for subsequent Classes of Shares issued in respect of that Fund may be the net asset value per Share of such other Class of Shares of that Fund as may be determined by the Manager and notified in advance to the Central Bank and potential Shareholders.
| SHARE CLASSES approved by the Central Bank as at the date of this Supplement |
| --- |
| US Dollar Classes | Euro Classes | Pound Sterling Classes | Hong Kong Dollar Classes | Australia Dollar Classes | Swiss Franc Classes | Canadian Dollar Classes | Renminbi (CNH) Classes | Swedish Kronor Classes | New Zealand dollar Classes | Singapore Dollar Classes |
| A2 USD B2 USD E2 USD I2 USD S2 USD H2 USD G2 USD V2 USD Z2 USD I1 USD H1 USD A1 USD | A2 HEUR B2 HEUR E2 HEUR I2 HEUR l2 EUR S2 HEUR H2 HEUR G2 HEUR V2 HEUR Z2 EUR A1 HEUR H1 HEUR | I2 HGBP I2 GBP S2 HGBP H2 HGBP H2 GBP G2 HGBP G2 GBP Z2 GBP Z2 HGBP * | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF Z2 CHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD |


###### Supplement for the

###### Janus Henderson US Venture Fund
The date of this Supplement is 26 February 2021.

###### This Supplement contains information specific to the Janus Henderson US Venture Fund (the “Fund”), a sub-fund of Janus Henderson Capital Funds plc (the “Company”). The Company is a UCITS established as an umbrella investment company with segregated liability between Funds with variable capital incorporated in Ireland and regulated by the Central Bank.

###### This Supplement forms part of and should be read in conjunction with the latest Prospectus. The Prospectus may be revised or supplemented from time to time. All capitalised terms used in this Supplement and not otherwise defined herein shall have the meanings set forth in the Prospectus.

##### SUMMARY

###### The information set out under this heading is a summary of the principal features of the Fund, and should be read in conjunction with the full text of the Supplement.
| Classes of Shares | Details of the Classes of Shares are set out in the section below entitled “Classes of Shares”. |
| --- | --- |
| Investors should note that, as at the date of this Supplement, only certain Classes of Shares of the Fund are currently available for purchase. Furthermore, not all Classes of Shares are available in all jurisdictions and investors are requested to contact the relevant Distribution Agent for a list of Classes of Shares available to them. |
| Frequency of Subscriptions, Redemptions and Exchanges | Unless otherwise determined by the Directors and/or the Manager, subscriptions for and redemptions and exchanges of Shares may be made on any Business Day subject to the procedures described in the sections of the Prospectus entitled “How to Purchase Shares”, “How to Redeem Shares” and “How to Exchange or Transfer Shares”. |
| Minimum Subscriptions | The minimum initial and subsequent subscriptions applicable to each Class within the Fund are set out in the section entitled “How to purchase shares” in the Prospectus. |
| Suitability of Classes | Suitability of Classes and eligibility of investors for particular Classes are described in the section entitled “The Shares” in the Prospectus. |
| Base Currency | US Dollar |


##### INVESTMENT OBJECTIVE AND POLICIES
The Fund’s investment objective is capital appreciation. It pursues its objective by investing at least 80% of its net assets in equities (also known as company shares) of US Companies. At least 50% of its net asset value is of small US Companies being those whose market capitalisations, at the time of initial purchase, falls within the range of companies in the Russell 2000® Growth Index. Companies whose capitalisations grow and thereby fall outside of these ranges after the Fund’s initial purchase will still be considered small-sized. The Fund may also invest in larger companies with strong growth potential or larger, well-known companies with potential for capital appreciation and without constraint across industries and sectors. The aggregate amount of the Fund which may be invested in securities traded on the Developing Markets is 10% of the net asset value of the Fund. The Fund may employ investment techniques and instruments for investment purposes, such as trading in futures, options and swaps and other financial derivative instruments, subject to a limit of up to 10% of its net asset value and subject to the conditions and within the limits from time to time laid down by the Central Bank.
Performance target: To outperform the Russell 2000® Growth Index by 2% per annum, before the deduction of charges, over any 5 year period.
The Fund is Actively Managed with reference to the Russell 2000® Growth Index, which is broadly representative of the companies in which it may invest, as this forms the basis of the Fund's performance target. The Sub-Investment Adviser has discretion to choose individual investments for the Fund with weightings different to the index or not in the index, but at times the Fund may hold investments similar to the index. Details of the Fund’s performance are available in the annual reports and semi-annual reports, the marketing materials and in the KIID. There is no guarantee that the Fund’s performance will match or exceed that benchmark.
The Sub-Investment Adviser follows a fundamental, research-driven strategy, seeking to identify innovative companies with distinct advantages over their competitors, which allow them to protect market share and/or profitability. Commonly referred to as stock picking or “bottom-up” investing, portfolios of fundamental-based investments are built one security at a time following intensive in house research into each company. Areas of research focus can include the company's management, financials, competitive strengths and weaknesses, earnings growth prospects and numerous other metrics. This approach rests on a belief that some companies have inherent strengths for creating shareholder value over time, have superior prospects to their peer groups and should therefore outperform even in challenging industrial and economic circumstances. The purpose of a fundamental investment approach is to identify and invest in such companies.
The Fund may invest in any of the types of transferable securities subject to the limits set out herein. The Fund may invest up to 20% of its net asset value in the securities of non-US issuers. Generally, such non-US investments will be traded on Regulated Markets that are not considered Developing Markets.
The Fund may invest up to 10% of its net asset value in mortgage- and asset-backed securities issued or guaranteed by any OECD government, its agencies or instrumentalities or by private issuers and which may be rated below investment grade by the primary rating agencies.
The Fund may invest substantially all of its assets in equities to the extent that the relevant Sub-Investment Adviser believes that the relevant market environment favours profitable investing in those securities. Securities are generally selected by the Sub-Investment Adviser without regard to any defined industry sector or other similarly defined selection procedure and the Fund does not intend to specialise in any particular industry sector.
Realisation of income is not a significant investment consideration for the Fund.
The percentage of the Fund’s assets invested in equities will vary and, depending on market conditions as determined by the Sub-Investment Adviser, the Fund may hold ancillary liquid assets or short-term interest bearing securities in its portfolio, such as Government Securities or Debt Securities. The Fund may invest to a lesser degree in other types of securities including preference shares, Government Securities, Debt Securities, warrants and securities convertible into equities when the relevant Sub-Investment Adviser perceives an opportunity for capital growth from such securities. The Fund may invest up to 15% of its net asset value in Debt Securities (including high yield/high-risk bonds) or Government Securities rated below investment grade. The Fund may invest directly or indirectly (i.e. through depositary receipts including American Depositary Receipts, European Depositary Receipts and Global Depositary Receipts) in the relevant markets. The Fund may also invest up to 5% of its net asset value in zero coupon, pay-in-kind and Step Coupon Securities, and without limit in Index/Structured Securities. Pay-in-kind bonds are bonds which may pay interest in the form of additional bonds of the same kind.
The Fund may invest up to 5% of its net asset value in the securities of other Eligible Collective Investment Schemes. Such investment includes investing in other Funds. However the Fund may not invest in another Fund which itself holds Shares in other Funds. Where the Fund invests in another Fund, the investing Fund may not charge an annual management and/or investment management fee in respect of the portion of its assets invested in the other Fund.
The Sub-Investment Adviser generally takes a “bottom-up” approach to building portfolios. In other words, they seek to identify strong businesses with sustainable competitive advantages and improving returns on capital. The Fund follows an investment strategy in which companies are considered principally on their own
fundamental qualitative and quantitative characteristics. Commonly referred to as stock picking or bottom-up investing, portfolios of fundamental-based investment funds are built one security at a time following intensive in-house research into each company. Areas of research focus can include the company's management, financials, competitive strengths and weaknesses, earnings growth prospects and numerous other metrics. This approach rests on a belief that some companies have inherent strengths for creating shareholder value over time, have superior prospects to their peer groups and should therefore outperform even in challenging industry and economic circumstances. The purpose of a fundamental investment approach is to identify and invest in such companies.
The Fund may invest in financial derivative instruments for efficient portfolio management purposes. The Fund’s investment in financial derivative instruments will be subject to the limits set out within the Fund’s investment policy and the conditions and limits from time to time laid down by the Central Bank. There will be circumstances in which the Fund will be leveraged in using financial derivative instruments. The Fund is permitted to invest up to 10% of its net asset value in financial derivative instruments for investment purposes. The maximum amount of leverage, when calculated using the commitment approach, which the Fund can create through the use of financial derivative instruments is 100% of the net asset value of the Fund. Where the market risk of the Fund is measured using the VaR methodology, the Fund’s leverage is calculated using the sum of the notionals of the derivatives held by the Fund, details of the leverage are disclosed herein in the Fund’s investment policies. However, Shareholders should note that, given the nature of financial derivative instruments and the fact that such instruments may be traded on margin, a relatively small adverse price movement in the underlying of a given financial derivative instrument may result in immediate and substantial movements in the exposure a Fund to that financial derivative instrument. In the event that any of the financial derivative instruments related exposure limits are exceeded for reasons beyond the control of the Fund, the Fund will remedy such situation as a priority, taking due account of the interests of its Shareholders.

##### USE OF TEMPORARY DEFENSIVE MEASURES
In certain circumstances, on a temporary and exceptional basis, when the Investment Adviser or Sub- Investment Adviser deems it to be in the best interests of Shareholders, the Fund may not adhere to its investment policies as disclosed above. For further information, see "Use of temporary defensive measures" in the Prospectus.

##### PROFILE OF A TYPICAL INVESTOR
The Fund is available to a wide range of investors seeking access to a portfolio managed in accordance with a specific investment objective and policy.
A potential investor should choose the Class that best suits such investor’s needs. When choosing a Class, potential investors should consider the following:
- How much the investor plans to invest;
- How long the investor expects to own the Shares;
- The expenses paid in respect of each Class;
- Whether the investor qualifies for any reduction or waiver of sales charges; and
- The currency of the share class.


##### INVESTMENT RESTRICTIONS
The Fund’s investments will be limited to investments permitted by the UCITS Regulations and other applicable restrictions as set out in Appendix 4 to the Prospectus.

##### USE	OF	INVESTMENT	TECHNIQUES	AND	INSTRUMENTS	AND	FINANCIAL	DERIVATIVE INSTRUMENTS
Subject to the ability of the Fund to invest up to 10% of its net asset value in financial derivative instruments for investment purposes, as set out under “Investment Objective and Policies” above, the Sub-Investment Adviser may only employ investment techniques and instruments, such as trading in futures, options and swaps and other financial derivative instruments for efficient portfolio management (i.e. reduction of risk, reduction of costs, generation of additional capital or income for the Fund) and the Sub-Investment Adviser is
required to comply with the conditions and limits from time to time laid down by the Central Bank. Further information is set out under “Use of Investment Techniques and Instruments and Financial Derivatives Instruments” and “Types and description of financial derivative instruments” in the Prospectus.
The primary method of calculation of global exposure for the Fund is the commitment approach method. However, the VaR model may be employed where there is a higher volume or more complex usage of derivative strategies or there is a change in the risk profile of the Fund.

##### SECURITIES FINANCING TRANSACTIONS REGULATIONS
As more particularly described under “Securities Financing Transactions Regulation” in the Prospectus, subject to the investment restrictions set out in Appendix 4 to the Prospectus and any investment restriction set out in the section of the Supplement entitled “Investment Objective and Policies”: (a) with respect to permitted investments in total return swaps, the Fund can invest a maximum of 10% of its Net Asset Value; and (b) the Fund can invest a maximum of 100% of its Net Asset Value in Securities Financing Transactions. Subject to the above limits, it is expected that the Fund will generally invest in the range of 0 - 20% if its Net Asset Value in total return swaps and Securities Financing Transactions.

##### RISK FACTORS AND SPECIAL CONSIDERATIONS
Investors’ attention is drawn to the risk factors and other special considerations which may affect the Fund as set out under “Risk factors and special considerations” in the Prospectus. This does not purport to be an exhaustive list of the risk factors relating to investment in the Fund and investors’ attention is drawn to the description of the instruments set out in the section entitled “Investment Objectives and Policies”, above.

##### DISTRIBUTION POLICY
As more particularly described under “The Shares” in the Prospectus and in the section of the Supplement entitled “Classes of Shares”, Distributing Share Classes may differ in terms of their distribution frequency. Distributing Share Classes may distribute monthly, quarterly, semi-annually or annually as determined at the launch of the relevant Share Class. The distribution frequency of Share Classes are set out in the table below:
| Frequency of Distribution | Dates of Distribution Declaration |
| --- | --- |
| Accumulating Share Classes |
| Not applicable | Not applicable |
| Distributing Share Classes |
| Monthly | Monthly, normally on the fifteenth day of each month unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Quarterly | Quarterly, normally on 15 February, 15 May, 15 August and 15 November unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Semi-annually | Semi-annually, normally on 15 May and 15 November unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |

| Frequency of Distribution | Dates of Distribution Declaration |
| --- | --- |
| Annually | Annually, normally on 15 May unless it is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned date. |


##### TRADE CUT-OFF AND SETTLEMENT TIMES
Subscription orders for Shares received and accepted by or on behalf of the Transfer Agent or the Company and/or the Manager prior to the Trade Cut-Off Times on a Business Day specified in the tables below will be processed at the offering price determined on that Business Day. Subscription orders to subscribe for Shares received by or on behalf of the Transfer Agent or the Company and/or the Manager after the Trade Cut-Off Time on the relevant Business Day will be processed at the offering price determined on the next Business Day. If payment for subscription orders is not received by the relevant Settlement Time, a subscription may be cancelled or the Shareholder may be charged interest on the outstanding subscription monies at normal commercial rates. In such an event, the Distribution Agent or the Shareholder may be held liable for any loss to the Fund.
Processing of redemption orders is subject to receipt and acceptance by or on behalf of the Transfer Agent or the Company and/or the Manager of a valid redemption order. Subject to the provisions set out under “Limitations on Redemptions” in the Prospectus, redemption orders received and accepted by or on behalf of the Transfer Agent or by the Company and/or the Manager prior to the Trade Cut-Off Time on a Business Day will be processed at the net asset value per Share determined on that Business Day.
| Subscription | Trade cut-off Time | Settlement Time |
| --- | --- | --- |
| Subscriptions (other than Class Z Shares) | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |
| Subscriptions made directly to the Transfer Agent by Qualifying Institutional Investors/Class Z Shares | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | 3:30pm, London time on T |
| Redemption | Trade cut-off Time | Settlement Time |
| All Redemptions | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |


##### THE SUB-INVESTMENT ADVISER
The Manager has appointed JCIL to be the Company’s investment adviser. As at the date of this Supplement, JCIL has delegated to JCM responsibility for providing discretionary investment management and advisory services in respect of the whole or part of the assets of the Fund.

##### FEES AND EXPENSES
Details of the fees and expenses attaching to an investment in a Fund (including initial sales charges, CDSCs, dilution adjustment, investment management fees and distribution fees) are set out in the section entitled “Fees and Expenses” in the Prospectus and a summary of which is set out below. The Fees and Expenses to Capital Share Classes may charge certain fees and expenses to capital rather than income.
| Fee Type | Class A Shares | Class B Shares | Class E Shares | Class G Shares | Class H Shares | Class I Shares | Class S Shares | Class V Shares | Class Z Shares |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Initial Sales Charge | Up to 5.00% of the amount subscribed | N/A | Up to 3.00% of the amount subscribed | N/A | N/A | Up to 2.00% of the amount subscribed | Up to 2.00% of the amount subscribed | N/A | N/A |
| CDSC < 1 year since purchase 1-2 years 2-3 years 3-4 years >4 years since purchase | N/A | 4% 3% 2% 1% 0% | N/A | N/A | N/A | N/A | N/A | 3% 2% 1% 0% - | N/A |
| Shareholder Service Fees | Up to 0.75% of net asset value | Up to 0.75% of net asset value | Up to 1.25% of net asset value | N/A | N/A | N/A | N/A | Up to 0.75% of net asset value | N/A |
| Distribution Fees | N/A | Up to 1.00% of net asset value | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investment Management Fee | Up to 1.50% of net asset value. | Up to 1.50% of net asset value. | Up to 1.50% of net asset value.. | Up to 0.80% of net asset value. | Up to 0.80% of net asset value. | Up to 1.50% of net asset value. | Up to 1.50% of net asset value. | Up to 1.50% of net asset value. | See Prospectus |
| Performance Fee | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Fee and Expenses Cap | 2.75% of net asset value | 3.75% of net asset value | 3.50% of net asset value | 1.05% of net asset value | 1.05% of net asset value | 1.75% of net asset value | 1.05% of net asset value | 3.00% of net asset value | See Prospectus |


##### DILUTION ADJUSTMENT
A dilution adjustment may be applied to the Net Asset Value per Share of the Fund on a dealing day (i) if net subscriptions or redemptions exceed a pre-determined threshold relating to the Fund’s Net Asset Value (where such a threshold has been pre-determined for the Fund from time to time by the Manager) or (ii) in any other cases where there are net subscriptions or redemptions in the Fund and the Manager or its delegate reasonably believes that imposing a dilution adjustment is in the best interests of existing Shareholders.

##### CLASSES OF SHARES
As more particularly described in the Prospectus under “The Shares”, the Company offers 11 Classes of Shares with various distribution policies, distribution frequencies, hedging policies and currencies in each Class. The name of each Class of Shares offered by the Company enables Shareholders to identify the distribution policy, distribution frequency, hedging policy and currency of a Class by reference to sub- classifications. The table below sets out details of the Classes of Shares approved by the Central Bank, and the Classes which are available for purchase as at the date of this Supplement.
Where a Class of Shares in any Fund has not previously been issued or is being re-offered, then initial subscriptions for such Shares will be accepted: (i) on such date(s) to be determined by the Manager and notified in advance to the Central Bank; and (ii) the initial offer price and re-offer price as set out in the Prospectus under “Initial offers of share classes”. Alternatively, in the case of a Fund which already has one or more Classes of Shares in issue, the initial offer price per Share for subsequent Classes of Shares issued in respect of that Fund may be the net asset value per Share of such other Class of Shares of that Fund as may be determined by the Manager and notified in advance to the Central Bank and potential Shareholders.
| SHARE CLASSES approved by the Central Bank as at the date of this Supplement |
| --- |
| US Dollar Classes | Euro Classes | Pound Sterling Classes | Hong Kong Dollar Classes | Australia Dollar Classes | Swiss Franc Classes | Canadian Dollar Classes | Renminbi (CNH) Classes | Swedish Kronor Classes | New Zealand dollar Classes | Singapore Dollar Classes |
| A2 USD B2 USD E2 USD I2 USD S2 USD H2 USD G2 USD V2 USD Z2 USD A1 USD I1 USD H1 USD | A2 HEUR B2 HEUR E2 HEUR I2 HEUR S2 HEUR H2 HEUR G2 HEUR V2 HEUR Z2 EUR A1 HEUR H1 HEUR | I2 HGBP I2 GBP S2 HGBP H2 HGBP H2 GBP G2 HGBP G2 GBP Z2 GBP Z2 HGBP | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF G2 HCHF Z2 CHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD |


###### Supplement for the

###### Janus Henderson Global Value Fund3
The date of this Supplement is 26 February 2021.

###### This Supplement contains information specific to the Janus Henderson Global Value Fund (the “Fund”), a sub-fund of Janus Henderson Capital Funds plc (the “Company”). The Company is a UCITS established as an umbrella investment company with segregated liability between Funds with variable capital incorporated in Ireland and regulated by the Central Bank.

###### This Supplement forms part of and should be read in conjunction with the latest Prospectus. The Prospectus may be revised or supplemented from time to time. All capitalised terms used in this Supplement and not otherwise defined herein shall have the meanings set forth in the Prospectus.

##### SUMMARY

###### The information set out under this heading is a summary of the principal features of the Fund, and should be read in conjunction with the full text of the Supplement.
| Classes of Shares | This Fund is closed to new subscriptions (including exchanges into the Fund), and is in the process of being terminated. |
| --- | --- |
| Not applicable. |
| Frequency of Subscriptions, Redemptions and Exchanges | Not applicable. |
| Minimum Subscriptions | Not applicable. |
| Suitability of Classes | Not applicable. |
| Base Currency | US Dollar |


##### INVESTMENT OBJECTIVE AND POLICIES
The Fund’s investment objective is long-term growth of capital. Under normal circumstances, the Fund seeks to achieve its objective by investing principally in equities (also known as company shares) of companies of any size located anywhere in the world whose stock prices the Sub-Investment Adviser believes to be undervalued. The Sub-Investment Adviser focuses on companies that have fallen out of favour with the market or that appear to be undervalued. The “value” approach emphasises investments in companies the relevant Sub-Investment Adviser believes are undervalued relative to their intrinsic worth. The Fund may employ investment techniques and instruments, such as trading in futures, options and swaps and other derivative instruments for efficient portfolio management (i.e. reduction of risk, reduction of costs, generation of additional capital or income for the Fund) or for investment purposes as described in the “Types and Description of Financial Derivative Instruments” section of the Prospectus, subject to the conditions and within the limits from time to time laid down by the Central Bank to gain or hedge exposure to the investments contemplated in these investment policies. Due to its exposure to Developing Markets, an investment in the Fund should not constitute a substantial proportion of an investment portfolio and may not be appropriate for all investors.
3 
This Fund is closed to new subscriptions (including exchanges into the Fund), and is in the process of being terminated
The Fund may invest up to 10% of its net asset value in mortgage- and asset-backed securities issued or guaranteed by any OECD government, its agencies or instrumentalities or by private issuers and which may be rated below investment grade by the primary rating agencies.
The Fund may invest substantially all of its assets in equities to the extent that the relevant Sub-Investment Adviser believes that the relevant market environment favours profitable investing in those securities. Securities are generally selected by the Sub-Investment Adviser without regard to any defined industry sector or other similarly defined selection procedure and the Fund does not intend to specialise in any particular industry sector.
Realisation of income is not a significant investment consideration for the Fund.
The percentage of the Fund’s assets invested in equities will vary and, depending on market conditions as determined by the Sub-Investment Adviser, the Fund may hold ancillary liquid assets or short-term interest bearing securities in its portfolio, such as Government Securities or Debt Securities. The Fund may invest to a lesser degree in other types of securities including preference shares, Government Securities, Debt Securities, warrants and securities convertible into equities when the relevant Sub-Investment Adviser perceives an opportunity for capital growth from such securities. The Fund may invest up to 15% of its net asset value in Debt Securities (including high yield/high-risk bonds) or Government Securities rated below investment grade. The Fund may invest directly or indirectly (i.e. through depositary receipts including American Depositary Receipts, European Depositary Receipts and Global Depositary Receipts) in the relevant markets. The Fund may also invest up to 5% of its net asset value in zero coupon, pay-in-kind and Step Coupon Securities, and without limit in Index/Structured Securities. Pay-in-kind bonds are bonds which may pay interest in the form of additional bonds of the same kind.
To the extent permitted to invest in such securities pursuant to its investment policies set forth herein, the Fund will not invest more than 10% of its net asset value in securities issued or guaranteed by a single country (including its government, a public or local authority of that country) with a credit rating below Investment Grade.
The Fund may invest up to 5% of its net asset value in the securities of other Eligible Collective Investment Schemes. Such investment includes investing in other Funds. However the Fund may not invest in another Fund which itself holds Shares in other Funds. Where the Fund invests in another Fund, the investing Fund may not charge an annual management and/or investment management fee in respect of the portion of its assets invested in the other Fund.
The Sub-Investment Adviser generally takes a “bottom-up” approach to building portfolios. In other words, they seek to identify strong businesses with sustainable competitive advantages and improving returns on capital. The Fund follows an investment strategy in which companies are considered principally on their own fundamental qualitative and quantitative characteristics. Commonly referred to as stock picking or bottom-up investing, portfolios of fundamental-based investment funds are built one security at a time following intensive in-house research into each company. Areas of research focus can include the company's management, financials, competitive strengths and weaknesses, earnings growth prospects and numerous other metrics. This approach rests on a belief that some companies have inherent strengths for creating shareholder value over time, have superior prospects to their peer groups and should therefore outperform even in challenging industry and economic circumstances. The purpose of a fundamental investment approach is to identify and invest in such companies. Perkins, the Sub-Investment Adviser for the Fund, focuses on managing diversified portfolios of high-quality, undervalued stocks with favourable risk/reward characteristics.
The Fund may invest in financial derivative instruments for efficient portfolio management purposes. The Fund’s investment in financial derivative instruments will be subject to the limits set out within the Fund’s investment policy and the conditions and limits from time to time laid down by the Central Bank. There will be circumstances in which the Fund will be leveraged in using financial derivative instruments. The Fund is permitted to invest up to 100% of its net asset value in financial derivative instruments for investment purposes. The maximum amount of leverage, when calculated using the commitment approach, which the Fund can create through the use of financial derivative instruments is 100% of the net asset value of the Fund. Where the market risk of the Fund is measured using the VaR methodology, the Fund’s leverage is calculated using the sum of the notionals of the derivatives held by the Fund, details of the leverage are disclosed herein in the Fund’s investment policies. However, Shareholders should note that, given the nature of financial derivative
instruments and the fact that such instruments may be traded on margin, a relatively small adverse price movement in the underlying of a given financial derivative instrument may result in immediate and substantial movements in the exposure a Fund to that financial derivative instrument. In the event that any of the financial derivative instruments related exposure limits are exceeded for reasons beyond the control of the Fund, the Fund will remedy such situation as a priority, taking due account of the interests of its Shareholders.

##### USE OF TEMPORARY DEFENSIVE MEASURES
In certain circumstances, on a temporary and exceptional basis, when the Investment Adviser or Sub- Investment Adviser deems it to be in the best interests of Shareholders, the Fund may not adhere to its investment policies as disclosed above. For further information, see "Use of temporary defensive measures" in the Prospectus.

##### PROFILE OF A TYPICAL INVESTOR
The Fund is available to a wide range of investors seeking access to a portfolio managed in accordance with a specific investment objective and policy.
A potential investor should choose the Class that best suits such investor’s needs. When choosing a Class, potential investors should consider the following:
- How much the investor plans to invest;
- How long the investor expects to own the Shares;
- The expenses paid in respect of each Class;
- Whether the investor qualifies for any reduction or waiver of sales charges; and
- The currency of the share class.


##### INVESTMENT RESTRICTIONS
The Fund’s investments will be limited to investments permitted by the UCITS Regulations and other applicable restrictions as set out in Appendix 4 to the Prospectus.

##### USE	OF	INVESTMENT	TECHNIQUES	AND	INSTRUMENTS	AND	FINANCIAL	DERIVATIVE INSTRUMENTS
Subject to the ability of the Fund to invest up to 100% of its net asset value in financial derivative instruments for investment purposes, as set out under “Investment Objective and Policies” above, the Sub-Investment Adviser may only employ investment techniques and instruments, such as trading in futures, options and swaps and other financial derivative instruments for efficient portfolio management (i.e. reduction of risk, reduction of costs, generation of additional capital or income for the Fund) and the Sub-Investment Adviser is required to comply with the conditions and limits from time to time laid down by the Central Bank. Further information is set out under “Use of Investment Techniques and Instruments and Financial Derivatives Instruments” and “Types and description of financial derivative instruments” in the Prospectus.
The primary method of calculation of global exposure for the Fund is the commitment approach method. However, the VaR model may be employed where there is a higher volume or more complex usage of derivative strategies or there is a change in the risk profile of the Fund.

##### SECURITIES FINANCING TRANSACTIONS REGULATIONS
As more particularly described under “Securities Financing Transactions Regulation” in the Prospectus, subject to the investment restrictions set out in Appendix 4 to the Prospectus and any investment restriction set out in the section of the Supplement entitled “Investment Objective and Policies”: (a) with respect to permitted investments in total return swaps, the Fund can invest a maximum of 10% of its Net Asset Value; and (b) the Fund can invest a maximum of 100% of its Net Asset Value in Securities Financing Transactions. Subject to the above limits, it is expected that the Fund will generally invest in the range of 0 - 20% if its Net Asset Value in total return swaps and Securities Financing Transactions.

##### RISK FACTORS AND SPECIAL CONSIDERATIONS
Investors’ attention is drawn to the risk factors and other special considerations which may affect the Fund as set out under “Risk factors and special considerations” in the Prospectus. This does not purport to be an exhaustive list of the risk factors relating to investment in the Fund and investors’ attention is drawn to the description of the instruments set out in the section entitled “Investment Objectives and Policies”, above.

##### DISTRIBUTION POLICY
This Fund is closed to new subscriptions (including exchanges into the Fund), and is in the process of being terminated.

##### TRADE CUT-OFF AND SETTLEMENT TIMES
This Fund is closed to new subscriptions (including exchanges into the Fund), and is in the process of being terminated.

##### THE SUB-INVESTMENT ADVISER
The Manager has appointed JCIL to be the Company’s investment adviser. As at the date of this Supplement, JCIL has delegated to Perkins responsibility for providing discretionary investment management and advisory services in respect of the whole or part of the assets of the Fund.

##### FEES AND EXPENSES
This Fund is closed to new subscriptions (including exchanges into the Fund), and is in the process of being terminated.

##### DILUTION ADJUSTMENT
This Fund is closed to new subscriptions (including exchanges into the Fund), and is in the process of being terminated.

##### CLASSES OF SHARES
This Fund is closed to new subscriptions (including exchanges into the Fund), and is in the process of being terminated.
| SHARE CLASSES approved by the Central Bank as at the date of this Supplement |
| --- |
| US Dollar Classes | Euro Classes | Pound Sterling Classes | Hong Kong Dollar Classes | Australia Dollar Classes | Swiss Franc Classes | Canadian Dollar Classes | Renminbi (CNH) Classes | Swedish Kronor Classes | New Zealand dollar Classes | Singapore Dollar Classes |
| N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |


###### Supplement for the

###### Janus Henderson US Strategic Value Fund
The date of this Supplement is 26 February 2021.

###### This Supplement contains information specific to the Janus Henderson US Strategic Value Fund (the “Fund”), a sub-fund of Janus Henderson Capital Funds plc (the “Company”). The Company is a UCITS established as an umbrella investment company with segregated liability between Funds with variable capital incorporated in Ireland and regulated by the Central Bank.

###### This Supplement forms part of and should be read in conjunction with the latest Prospectus. The Prospectus may be revised or supplemented from time to time. All capitalised terms used in this Supplement and not otherwise defined herein shall have the meanings set forth in the Prospectus.

##### SUMMARY

###### The information set out under this heading is a summary of the principal features of the Fund, and should be read in conjunction with the full text of the Supplement.
| Classes of Shares | Details of the Classes of Shares are set out in the section below entitled “Classes of Shares”. |
| --- | --- |
| Investors should note that, as at the date of this Supplement, only certain Classes of Shares of the Fund are currently available for purchase. Furthermore, not all Classes of Shares are available in all jurisdictions and investors are requested to contact the relevant Distribution Agent for a list of Classes of Shares available to them. |
| Frequency of Subscriptions, Redemptions and Exchanges | Unless otherwise determined by the Directors and/or the Manager, subscriptions for and redemptions and exchanges of Shares may be made on any Business Day subject to the procedures described in the sections of the Prospectus entitled “How to Purchase Shares”, “How to Redeem Shares” and “How to Exchange or Transfer Shares”. |
| Minimum Subscriptions | The minimum initial and subsequent subscriptions applicable to each Class within the Fund are set out in the section entitled “How to purchase shares” in the Prospectus. |
| Suitability of Classes | Suitability of Classes and eligibility of investors for particular Classes are described in the section entitled “The Shares” in the Prospectus. |
| Base Currency | US Dollar |


##### INVESTMENT OBJECTIVE AND POLICIES
The Fund’s investment objective is long term growth of capital. It pursues its objective by investing at least 80% of its net asset value in equities (also known as company shares) of US Companies with the potential for long-term growth of capital using a “value” approach. The aggregate amount of the Fund which may be invested in securities traded on the Developing Markets is 10% of the net asset value of the Fund. The Fund may invest in companies of any size, which may include larger well-established companies and/or smaller emerging companies. The Fund may employ investment techniques and instruments for investment purposes, such as trading in futures, options and swaps and other financial derivative instruments, subject to a limit of up to 10% of its net asset value and subject to the conditions and within the limits from time to time laid down by the Central Bank.
Performance target: To outperform the Russell 3000® Value Index by 2.5% per annum, before the deduction of charges, over any 5 year period.
The Fund is Actively Managed with reference to the Russell 3000® Value Index, which is broadly representative of the companies in which it may invest, as this forms the basis of the Fund's performance target. The Sub-Investment Adviser has discretion to choose individual investments for the Fund with weightings different to the index or not in the index, but at times the Fund may hold investments similar to the index. Details of the Fund’s performance are available in the annual reports and semi-annual reports, the marketing materials and in the KIID. There is no guarantee that the Fund’s performance will match or exceed that benchmark.
The “value” approach emphasises investments in companies the relevant Sub-Investment Adviser believes are undervalued relative to their intrinsic worth. The relevant Sub-Investment Adviser measures value as a function of price/earnings (P/E) ratios and price/free cash flow. A P/E ratio is the relationship between the price of a stock and its earnings per share. This figure is determined by dividing a stock’s market price by the company’s earnings per share amount. Price/free cash flow is the relationship between the price of a stock and the company’s available cash from operations minus capital expenditures. The relevant Sub-Investment Adviser will typically seek attractively valued companies that are improving their free cash flow and improving their returns on invested capital. These companies may also include special situations companies that are experiencing management changes and/or are temporarily out of favour.
The Fund may invest in any of the types of transferable securities subject to the limits set out herein. The Fund may invest up to 20% of its net asset value in the securities of non-US issuers. Generally, such non-US investments will be traded on Regulated Markets that are not considered Developing Markets.
The Fund may invest up to 10% of its net asset value in mortgage- and asset-backed securities issued or guaranteed by any OECD government, its agencies or instrumentalities or by private issuers and which may be rated below investment grade by the primary rating agencies.
The Fund may invest substantially all of its assets in equities to the extent that the relevant Sub-Investment Adviser believes that the relevant market environment favours profitable investing in those securities. Securities are generally selected by the Sub-Investment Adviser without regard to any defined industry sector or other similarly defined selection procedure and the Fund does not intend to specialise in any particular industry sector.
Realisation of income is not a significant investment consideration for the Fund.
The percentage of the Fund’s assets invested in equities will vary and, depending on market conditions as determined by the Sub-Investment Adviser, the Fund may hold ancillary liquid assets or short-term interest bearing securities in its portfolio, such as Government Securities or Debt Securities. The Fund may invest to a lesser degree in other types of securities including preference shares, Government Securities, Debt Securities, warrants and securities convertible into equities when the relevant Sub-Investment Adviser perceives an opportunity for capital growth from such securities. The Fund may invest up to 15% of its net asset value in Debt Securities (including high yield/high-risk bonds) or Government Securities rated below investment grade. The Fund may invest directly or indirectly (i.e. through depositary receipts including American Depositary Receipts, European Depositary Receipts and Global Depositary Receipts) in the relevant markets. The Fund may also invest up to 5% of its net asset value in zero coupon, pay-in-kind and Step Coupon Securities, and without limit in Index/Structured Securities. Pay-in-kind bonds are bonds which may pay interest in the form of additional bonds of the same kind.
The Fund may invest up to 5% of its net asset value in the securities of other Eligible Collective Investment Schemes. Such investment includes investing in other Funds. However the Fund may not invest in another Fund which itself holds Shares in other Funds. Where the Fund invests in another Fund, the investing Fund may not charge an annual management and/or investment management fee in respect of the portion of its assets invested in the other Fund.
The Sub-Investment Adviser generally takes a “bottom-up” approach to building portfolios. In other words, they seek to identify strong businesses with sustainable competitive advantages and improving returns on capital. The Fund follows an investment strategy in which companies are considered principally on their own fundamental qualitative and quantitative characteristics. Commonly referred to as stock picking or bottom-up investing, portfolios of fundamental-based investment funds are built one security at a time following intensive in-house research into each company. Areas of research focus can include the company's management,
financials, competitive strengths and weaknesses, earnings growth prospects and numerous other metrics. This approach rests on a belief that some companies have inherent strengths for creating shareholder value over time, have superior prospects to their peer groups and should therefore outperform even in challenging industry and economic circumstances. The purpose of a fundamental investment approach is to identify and invest in such companies. Perkins, the Sub-Investment Adviser for the Fund, focuses on managing diversified portfolios of high-quality, undervalued stocks with favourable risk/reward characteristics.
The Fund may invest in financial derivative instruments for efficient portfolio management purposes. The Fund’s investment in financial derivative instruments will be subject to the limits set out within the Fund’s investment policy and the conditions and limits from time to time laid down by the Central Bank. There will be circumstances in which the Fund will be leveraged in using financial derivative instruments. The Fund is permitted to invest up to 10% of its net asset value in financial derivative instruments for investment purposes. The maximum amount of leverage, when calculated using the commitment approach, which the Fund can create through the use of financial derivative instruments is 100% of the net asset value of the Fund. Where the market risk of the Fund is measured using the VaR methodology, the Fund’s leverage is calculated using the sum of the notionals of the derivatives held by the Fund, details of the leverage are disclosed herein in the Fund’s investment policies. However, Shareholders should note that, given the nature of financial derivative instruments and the fact that such instruments may be traded on margin, a relatively small adverse price movement in the underlying of a given financial derivative instrument may result in immediate and substantial movements in the exposure a Fund to that financial derivative instrument. In the event that any of the financial derivative instruments related exposure limits are exceeded for reasons beyond the control of the Fund, the Fund will remedy such situation as a priority, taking due account of the interests of its Shareholders.

##### USE OF TEMPORARY DEFENSIVE MEASURES
In certain circumstances, on a temporary and exceptional basis, when the Investment Adviser or Sub- Investment Adviser deems it to be in the best interests of Shareholders, the Fund may not adhere to its investment policies as disclosed above. For further information, see "Use of temporary defensive measures" in the Prospectus.

##### PROFILE OF A TYPICAL INVESTOR
The Fund is available to a wide range of investors seeking access to a portfolio managed in accordance with a specific investment objective and policy.
A potential investor should choose the Class that best suits such investor’s needs. When choosing a Class, potential investors should consider the following:
- How much the investor plans to invest;
- How long the investor expects to own the Shares;
- The expenses paid in respect of each Class;
- Whether the investor qualifies for any reduction or waiver of sales charges; and
- The currency of the share class.


##### INVESTMENT RESTRICTIONS
The Fund’s investments will be limited to investments permitted by the UCITS Regulations and other applicable restrictions as set out in Appendix 4 to the Prospectus.

##### USE	OF	INVESTMENT	TECHNIQUES	AND	INSTRUMENTS	AND	FINANCIAL	DERIVATIVE INSTRUMENTS
Subject to the ability of the Fund to invest up to 10% of its net asset value in financial derivative instruments for investment purposes, as set out under “Investment Objective and Policies” above, the Sub-Investment Adviser may only employ investment techniques and instruments, such as trading in futures, options and swaps and other financial derivative instruments for efficient portfolio management (i.e. reduction of risk, reduction of costs, generation of additional capital or income for the Fund) and the Sub-Investment Adviser is required to comply with the conditions and limits from time to time laid down by the Central Bank. Further
information is set out under “Use of Investment Techniques and Instruments and Financial Derivatives Instruments” and “Types and description of financial derivative instruments” in the Prospectus.
The primary method of calculation of global exposure for the Fund is the commitment approach method. However, the VaR model may be employed where there is a higher volume or more complex usage of derivative strategies or there is a change in the risk profile of the Fund.

##### SECURITIES FINANCING TRANSACTIONS REGULATIONS
As more particularly described under “Securities Financing Transactions Regulation” in the Prospectus, subject to the investment restrictions set out in Appendix 4 to the Prospectus and any investment restriction set out in the section of the Supplement entitled “Investment Objective and Policies”: (a) with respect to permitted investments in total return swaps, the Fund can invest a maximum of 10% of its Net Asset Value; and (b) the Fund can invest a maximum of 100% of its Net Asset Value in Securities Financing Transactions. Subject to the above limits, it is expected that the Fund will generally invest in the range of 0 - 20% if its Net Asset Value in total return swaps and Securities Financing Transactions.

##### RISK FACTORS AND SPECIAL CONSIDERATIONS
Investors’ attention is drawn to the risk factors and other special considerations which may affect the Fund as set out under “Risk factors and special considerations” in the Prospectus. This does not purport to be an exhaustive list of the risk factors relating to investment in the Fund and investors’ attention is drawn to the description of the instruments set out in the section entitled “Investment Objectives and Policies”, above.

##### DISTRIBUTION POLICY
As more particularly described under “The Shares” in the Prospectus and in the section of the Supplement entitled “Classes of Shares”, Distributing Share Classes may differ in terms of their distribution frequency. Distributing Share Classes may distribute monthly, quarterly, semi-annually or annually as determined at the launch of the relevant Share Class. The distribution frequency of Share Classes are set out in the table below:
| Frequency of Distribution | Dates of Distribution Declaration |
| --- | --- |
| Accumulating Share Classes |
| Not applicable | Not applicable |
| Distributing Share Classes |
| Monthly | Monthly, normally on the fifteenth day of each month unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Quarterly | Quarterly, normally on 15 February, 15 May, 15 August and 15 November unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Semi-annually | Semi-annually, normally on 15 May and 15 November unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Annually | Annually, normally on 15 May unless it is not a Business Day in which case the distribution will be |

| Frequency of Distribution | Dates of Distribution Declaration |
| --- | --- |
|  | declared on the last Business Day before the aforementioned date. |


##### TRADE CUT-OFF AND SETTLEMENT TIMES
Subscription orders for Shares received and accepted by or on behalf of the Transfer Agent or the Company and/or the Manager prior to the Trade Cut-Off Times on a Business Day specified in the tables below will be processed at the offering price determined on that Business Day. Subscription orders to subscribe for Shares received by or on behalf of the Transfer Agent or the Company and/or the Manager after the Trade Cut-Off Time on the relevant Business Day will be processed at the offering price determined on the next Business Day. If payment for subscription orders is not received by the relevant Settlement Time, a subscription may be cancelled or the Shareholder may be charged interest on the outstanding subscription monies at normal commercial rates. In such an event, the Distribution Agent or the Shareholder may be liable for any loss to the Fund.
Processing of redemption orders is subject to receipt and acceptance by or on behalf of the Transfer Agent or the Company and/or the Manager of a valid redemption order. Subject to the provisions set out under “Limitations on Redemptions” in the Prospectus, redemption orders received and accepted by or on behalf of the Transfer Agent or by the Company and/or the Manager prior to the Trade Cut-Off Time on a Business Day will be processed at the net asset value per Share determined on that Business Day.
| Subscription | Trade cut-off Time | Settlement Time |
| --- | --- | --- |
| Subscriptions (other than Class Z Shares) | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |
| Subscriptions made directly to the Transfer Agent by Qualifying Institutional Investors/Class Z Shares | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | 3:30pm, London time on T |
| Redemption | Trade cut-off Time | Settlement Time |
| All Redemptions | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |


##### THE SUB-INVESTMENT ADVISER
The Manager has appointed JCIL to be the Company’s Investment Adviser. As at the date of this Supplement, JCIL has delegated to Perkins responsibility for providing discretionary investment management and advisory services in respect of the whole or part of the assets of the Fund.

##### FEES AND EXPENSES
Details of the fees and expenses attaching to an investment in a Fund (including initial sales charges, CDSCs, dilution adjustment, investment management fees and distribution fees) are set out in the section entitled “Fees and Expenses” in the Prospectus and a summary of which is set out below. The Fees and Expenses to Capital Share Classes may charge certain fees and expenses to capital rather than income.
| Fee Type | Class A Shares | Class B Shares | Class E Shares | Class G Shares | Class H Shares | Class I Shares | Class S Shares | Class V Shares | Class Z Shares |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Initial Sales Charge | Up to 5.00% of the amount subscribed | N/A | Up to 3.00% of the amount subscribed | N/A | N/A | Up to 2.00% of the amount subscribed | Up to 2.00% of the amount subscribed | N/A | N/A |
| CDSC < 1 year since purchase 1-2 years 2-3 years 3-4 years >4 years since purchase | N/A | 4% 3% 2% 1% 0% | N/A | N/A | N/A | N/A | N/A | 3% 2% 1% 0% - | N/A |
| Shareholder Service Fees | Up to 0.75% of net asset value | Up to 0.75% of net asset value | Up to 1.25% of net asset value | N/A | N/A | N/A | N/A | Up to 0.75% of net asset value | N/A |
| Distribution Fees | N/A | Up to 1.00% of net asset value | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investment Management Fee | Up to 1.00% of net asset value. | Up to 1.50% of net asset value. | Up to 1.50% of net asset value.. | Up to 0.80% of net asset value. | Up to 0.80% of net asset value. | Up to 0.95% of net asset value. | Up to 0.95% of net asset value. | Up to 1.50% of net asset value. | See Prospectus |
| Performance Fee | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Fee and Expenses Cap | 2.25% of net asset value | 3.75% of net asset value | 3.25% of net asset value | 1.05% of net asset value | 1.05% of net asset value | 1.20% of net asset value | 1.05% of net asset value | 3.00% of net asset value | See Prospectus |


##### DILUTION ADJUSTMENT
A dilution adjustment may be applied to the Net Asset Value per Share of the Fund on a dealing day (i) if net subscriptions or redemptions exceed a pre-determined threshold relating to the Fund’s Net Asset Value (where such a threshold has been pre-determined for the Fund from time to time by the Manager) or (ii) in any other cases where there are net subscriptions or redemptions in the Fund and the Manager or its delegate reasonably believes that imposing a dilution adjustment is in the best interests of existing Shareholders.

##### CLASSES OF SHARES
As more particularly described in the Prospectus under “The Shares”, the Company offers 11 Classes of Shares with various distribution policies, distribution frequencies, hedging policies and currencies in each Class. The name of each Class of Shares offered by the Company enables Shareholders to identify the distribution policy, distribution frequency, hedging policy and currency of a Class by reference to sub- classifications. The table below sets out details of the Classes of Shares approved by the Central Bank, and the Classes which are available for purchase as at the date of this Supplement.
Where a Class of Shares in any Fund has not previously been issued or is being re-offered, then initial subscriptions for such Shares will be accepted: (i) on such date(s) to be determined by the Manager and notified in advance to the Central Bank; and (ii) the initial offer price and re-offer price as set out in the Prospectus under “Initial offers of share classes”. Alternatively, in the case of a Fund which already has one or more Classes of Shares in issue, the initial offer price per Share for subsequent Classes of Shares issued in respect of that Fund may be the net asset value per Share of such other Class of Shares of that Fund as may be determined by the Manager and notified in advance to the Central Bank and potential Shareholders.
| SHARE CLASSES approved by the Central Bank as at the date of this Supplement |
| --- |
| US Dollar Classes | Euro Classes | Pound Sterling Classes | Hong Kong Dollar Classes | Australia Dollar Classes | Swiss Franc Classes | Canadian Dollar Classes | Renminbi (CNH) Classes | Swedish Kronor Classes | New Zealand dollar Classes | Singapore Dollar Classes |
| A2 USD B2 USD E2 USD I2 USD S2 USD H2 USD G2 USD V2 USD Z2 USD A1 USD I1 USD H1 USD | A2 HEUR B2 HEUR E2 HEUR I2 HEUR I2 EUR S2 HEUR H2 HEUR G2 HEUR V2 HEUR Z2 EUR A1 HEUR H1 HEUR | I2 HGBP I2 GBP S2 HGBP H2 GBP H2 HGBP G2 HGBP G2 GBP Z2 GBP Z2 HGBP | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF G2 HCHF Z2 CHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD |


###### Supplement for the

###### Janus Henderson Intech All-World Minimum Variance Core Fund
The date of this Supplement is 26 February 2021.

###### This Supplement contains information specific to the Janus Henderson Intech All-World Minimum Variance Core Fund (the “Fund”), a sub-fund of Janus Henderson Capital Funds plc (the “Company”). The Company is a UCITS established as an umbrella investment company with segregated liability between Funds with variable capital incorporated in Ireland and regulated by the Central Bank.

###### This Supplement forms part of and should be read in conjunction with the latest Prospectus. The Prospectus may be revised or supplemented from time to time. All capitalised terms used in this Supplement and not otherwise defined herein shall have the meanings set forth in the Prospectus.

##### SUMMARY

###### The information set out under this heading is a summary of the principal features of the Fund, and should be read in conjunction with the full text of this Supplement.
| Classes of Shares | Details of the Classes of Shares are set out in the section below entitled "Classes of Shares". |
| --- | --- |
| Investors should note that, as at the date of this Supplement, only certain Classes of Shares of the Fund are currently available for purchase. Furthermore, not all Classes of Shares are available in all jurisdictions and investors are requested to contact the relevant Distribution Agent for a list of Classes of Shares available to them. |
| Frequency of Subscriptions, Redemptions and Exchanges | Unless otherwise determined by the Directors and/or the Manager, subscriptions for and redemptions and exchanges of Shares may be made on any Business Day subject to the procedures described in the sections of the Prospectus entitled “How to Purchase Shares”, “How to Redeem Shares” and “How to Exchange or Transfer Shares”. |
| Minimum Subscriptions | The minimum initial and subsequent subscriptions applicable to each Class within the Fund is set out in the section entitled “How to purchase shares” in the Prospectus. |
| Suitability of Classes | Suitability of Classes and eligibility of investors for particular Classes are described in the section entitled “The Shares” to the Prospectus. |
| Base Currency | US Dollar |


##### INVESTMENT OBJECTIVE AND POLICIES
The Fund’s investment objective is long-term growth of capital. It pursues its objective by investing at least 80% of its net asset value in equities (also known as company shares) and equity-related securities or companies located anywhere in the world whose market capitalisation is at least equal to the market capitalisation of one of the companies listed in the FTSE All-World Minimum Variance Index (Hedged to GBP) The Fund intends to hedge the various underlying currency exposures in the FTSE All-World Minimum Variance Index (Hedged to GBP) (other than any Pound Sterling exposure) to the Pound Sterling to the extent that hedging such currency exposure is consistent with the investment objective of the Fund. The currency hedging shall be based on the weighting of the FTSE All-World Minimum Variance Index (Hedged to GBP) in those underlying currencies. As a result, the Fund’s exposure to a currency may be greater or less than the weighted exposure to that currency in the FTSE All-World Minimum Variance Index (Hedged to GBP).
Performance target: To outperform the FTSE All-World Minimum Variance Index (Hedged to GBP) by at least 1.75% per annum, before the deduction of charges, over any 5 year period.
The Fund is Actively Managed with reference to the FTSE All-World Minimum Variance Index (Hedged to GBP) Index, which is broadly representative of the companies in which it may invest, as this forms the basis of the Fund's performance target. The Sub-Investment Adviser has a mathematical approach to investing which controls the extent to which the portfolio may differ from the index. Details of the Fund’s performance are available in the annual reports and semi-annual reports, the marketing materials and in the KIID. There is no guarantee that the Fund’s performance will match or exceed that benchmark.
The Sub-Investment Adviser has a mathematical investment process that constructs portfolios of securities with higher average stock volatility than the index and combines those securities in a manner that does not increase the overall portfolio volatility above that of the index. More volatile equities may tend to reside on the smaller cap end of the index. The Sub-Investment Adviser approaches risk management from a perspective that evaluates risk relative to a direct investment in the index. Risk controls are designed to minimise the risk of significant underperformance relative to the benchmark.
Due to its exposure to Developing Markets, an investment in the Fund should not constitute a substantial proportion of an investment portfolio and may not be appropriate for all investors. The Fund may also seek to adhere to environmental, social and governance guidelines to the extent determined by the Sub-Investment Adviser in its sole discretion.
For the avoidance of doubt, the Fund is an Equity investing Fund. The Fund pursues its objectives by applying a mathematical portfolio management process to construct an investment portfolio from a universe of equities and equity related securities (including preference shares, convertible bonds (which may be rated below investment grade; see Appendix 3 of the Prospectus)) within its respective benchmark index. The mathematical process uses the natural tendency of securities prices to vary over time (volatility) and the correlations of this volatility to determine the securities and their proportions in the Fund's portfolio.
The Fund pursues its goal by constructing portfolios of securities with higher average stock volatility than its respective index and combining those securities in a manner that does not increase the overall portfolio volatility above that of the index. More volatile equities may tend to reside on the smaller cap end of the respective index. The Sub-Investment Adviser approaches risk management from a perspective that evaluates risk relative to a direct investment in the index. Risk controls are designed to minimise the risk of significant underperformance relative to the respective benchmark. The Sub-Investment Adviser applies a mathematical investment process in an attempt to build a portfolio in a more efficient combination than the index. The process seeks to capitalise on the natural volatility of the market by searching for equities within the benchmark that have high relative volatility (providing the potential for excess returns) but that essentially move in opposite directions or have low correlation to each other (providing the potential for lower relative risk). By constructing the portfolio in this manner and periodically rebalancing the portfolio to maintain potentially more efficient weightings, the Sub-Investment Adviser’s mathematical investment process seeks to create a portfolio that, over time, produces returns in excess of its benchmark with an equal or lesser amount of risk.
The Fund may invest up to 10% of its net asset value in the securities of other Eligible Collective Investment Schemes. Such investment includes investing in other Funds. However the Fund may not invest in another Fund which itself holds Shares in other Funds. Where the Fund invests in another Fund, the Fund may not charge an annual management and/or investment management fee in respect of the portion of its assets invested in the other Fund.
The Fund may invest in financial derivative instruments for efficient portfolio management purposes. The Fund’s investment in financial derivative instruments will be subject to the limits set out within the Fund’s investment policy and the conditions and limits from time to time laid down by the Central Bank. The Fund may use financial derivative instruments for currency exposure purposes. The Fund is permitted to invest up to 100% of its net asset value in financial derivative instruments for investment purposes. The maximum amount of leverage, when calculated using the commitment approach, which the Fund can create through the use of financial derivative instruments is 100% of the net asset value of the Fund. However, Shareholders should note that, given the nature of financial derivative instruments and the fact that such instruments may be traded on margin, a relatively small adverse price movement in the underlying of a given financial derivative instrument may result in immediate and substantial movements in the exposure a Fund to that financial derivative instrument. In the event that any of the financial derivative instruments related exposure limits are
exceeded for reasons beyond the control of the Fund, the Fund will remedy such situation as a priority, taking due account of the interests of its Shareholders.
Securities are generally selected by the Sub-Investment Adviser without regard to any defined industry sector or other similarly defined selection procedure, and the Fund does not intend to specialise in any particular industry sector.
The percentage of the Fund’s assets invested in equities will vary and, depending on market conditions as determined by the Sub-Investment Adviser, the Fund may hold ancillary liquid assets or short-term interest bearing securities in its portfolio, such as Government Securities or Debt Securities. The Fund may invest to a lesser degree in other types of securities including preference shares, Government Securities, Debt Securities, warrants and securities convertible into equities when the Sub-Investment Adviser perceives an opportunity for capital growth from such securities. The Fund may invest up to 10% of its net asset value in mortgage and asset-backed securities issued or guaranteed by any OECD government, its agencies or instrumentalities or by private issuers and which may be rated below investment grade by the primary rating agencies. The Fund may invest directly or indirectly (i.e. through depositary receipts including American Depositary Receipts, European Depositary Receipts and Global Depositary Receipts) in the relevant markets. The Fund may also invest up to 5% of its net asset value in zero coupon, pay-in-kind and Step Coupon Securities, and without limit in Index/Structured Securities. Pay-in-kind bonds are bonds which may pay interest in the form of additional bonds of the same kind.

##### EUROPEAN BENCHMARKS REGULATION
As at the date of the Supplement, FTSE International Limited (as administrator of the FTSE All World Minimum Variance Index) is included in the register maintained by ESMA under the Benchmarks Regulation.

##### USE OF TEMPORARY DEFENSIVE MEASURES
In certain circumstances, on a temporary and exceptional basis, when the Investment Adviser or Sub- Investment Adviser deems it to be in the best interests of Shareholders, the Fund may not adhere to its investment policies as disclosed above. For further information, see "Use of temporary defensive measures" in the Prospectus.

##### PROFILE OF A TYPICAL INVESTOR
The Fund is available to a wide range of investors seeking access to a portfolio managed in accordance with a specific investment objective and policy.
A potential investor should choose the Class that best suits such investor’s needs. When choosing a Class, potential investors should consider the following:
- How much the investor plans to invest;
- How long the investor expects to own the Shares;
- The expenses paid in respect of each Class;
- Whether the investor qualifies for any reduction or waiver of sales charges; and
- The currency of the share class.


##### INVESTMENT RESTRICTIONS
The Fund’s investments will be limited to investments permitted by the UCITS Regulations and other applicable restrictions as set out in Appendix 4 to the Prospectus.

##### USE	OF	INVESTMENT	TECHNIQUES	AND	INSTRUMENTS	AND	FINANCIAL	DERIVATIVE INSTRUMENTS
Subject to the ability of the Fund to invest in financial derivative instruments for investment purposes, as set out under “Investment Objective and Policies” above, the Sub-Investment Adviser may only employ investment techniques and instruments, such as trading in futures, options and swaps and other financial derivative instruments for efficient portfolio management (i.e. reduction of risk, reduction of costs, generation of additional
capital or income for the Fund) and the Sub-Investment Adviser is required to comply with the conditions and limits from time to time laid down by the Central Bank. Further information is set out under “Use of Investment Techniques and Instruments and Financial Derivatives Instruments” and “Types and description of financial derivative instruments” in the Prospectus.
The primary method of calculation of global exposure for the Fund is the commitment approach method.

##### SECURITIES FINANCING TRANSACTIONS REGULATION
As more particularly described under “Securities Financing Transactions Regulation” in the Prospectus, subject to the investment restrictions set out in Appendix 4 to the Prospectus and any investment restriction set out in the section of the Supplement entitled “Investment Objective and Policies”: (a) with respect to permitted investments in total return swaps, the Fund can invest 0% of its Net Asset Value; and (b) the Fund can invest a maximum of 100% of its Net Asset Value in Securities Financing Transactions. Subject to the above limits, it is expected that the Fund will generally invest in the range of 0 - 20% if its Net Asset Value in total return swaps and Securities Financing Transactions.

##### RISK FACTORS AND SPECIAL CONSIDERATIONS
Investors’ attention is drawn to the risk factors and other special considerations which may affect the Fund as set out under “Risk factors and special considerations” in the Prospectus. This does not purport to be an exhaustive list of the risk factors relating to investment in the Fund and investors’ attention is drawn to the description of the instruments set out in the section entitled “Investment Objective and Policies” above.

##### DISTRIBUTION POLICY
As more particularly described under “The Shares” in the Prospectus and in the section of the Supplement entitled “Classes of Shares”, Distributing Share Classes may differ in terms of their distribution frequency. Distributing Share Classes may distribute monthly, quarterly, semi-annually or annually as determined at the launch of the relevant Share Class. The distribution frequency of Share Classes are set out in the table below:
| Frequency of Distribution | Dates of Distribution Declaration |
| --- | --- |
| Accumulating Share Classes |
| Not applicable | Not applicable |
| Distributing Share Classes |
| Monthly | Monthly, normally on the fifteenth day of each month unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Quarterly | Quarterly, normally on 15 January, 15 April, 15 July and 15 October unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Semi-annually | Semi-annually, normally on 15 April and 15 October unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |

| Frequency of Distribution | Dates of Distribution Declaration |
| --- | --- |
| Annually | Annually, normally on 15 October unless it is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned date. |


##### TRADE CUT-OFF AND SETTLEMENT TIMES
Subscription orders for Shares received and accepted by or on behalf of the Transfer Agent or the Company and/or the Manager prior to the Trade Cut-Off Times on a Business Day specified in the tables below will be processed at the offering price determined on that Business Day. Subscription orders to subscribe for Shares received by or on behalf of the Transfer Agent or the Company and/or the Manager after the Trade Cut-Off Time on the relevant Business Day will be processed at the offering price determined on the next Business Day. If payment for subscription orders is not received by the relevant Settlement Time, a subscription may be cancelled or the Shareholder may be charged interest on the outstanding subscription monies at normal commercial rates. In such an event, the Distribution Agent or the Shareholder may be held liable for any loss to the Fund.
Processing of redemption orders is subject to receipt and acceptance by or on behalf of the Transfer Agent or the Company and/or the Manager of a valid redemption order. Subject to the provisions set out under “Limitations on Redemptions” in the Prospectus, redemption orders received and accepted by or on behalf of the Transfer Agent or by the Company and/or the Manager prior to the Trade Cut-Off Time on a Business Day will be processed at the net asset value per Share determined on that Business Day.
| Subscription | Trade cut-off Time | Settlement Time |
| --- | --- | --- |
| Subscriptions (other than Class Z Shares) | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |
| Subscriptions made directly to the Transfer Agent by Qualifying Institutional Investors/Class Z Shares | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | 3:30pm, London time on T |
| Redemption | Trade cut-off Time | Settlement Time |
| All Redemptions | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |


##### THE SUB-INVESTMENT ADVISER
The Manager has appointed JCIL to be the Company’s investment adviser. As at the date of this Supplement, JCIL has delegated to Intech responsibility for providing discretionary investment management and advisory services to the Fund.

##### FEES AND EXPENSES
Details of the fees and expenses attaching to an investment in a Fund (including initial sales charges, CDSCs, dilution adjustment, investment management fees and distribution fees) are set out in the section entitled “Fees and Expenses” in the Prospectus and a summary of which is set out below. The Fees and Expenses to Capital Share Classes may charge certain fees and expenses to capital rather than income.
| Fee Type | Class A Shares | Class B Shares | Class E Shares | Class G Shares | Class H Shares | Class I Shares | Class S Shares | Class V Shares | Class Z Shares |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Initial Sales Charge | Up to 5.00% of the amount subscribed | N/A | Up to 3.00% of the amount subscribed | N/A | N/A | Up to 2.00% of the amount subscribed | Up to 2.00% of the amount subscribed | N/A | N/A |
| CDSC < 1 year since purchase 1-2 years 2-3 years 3-4 years >4 years since purchase | N/A | 4% 3% 2% 1% 0% | N/A | N/A | N/A | N/A | N/A | 3% 2% 1% 0% - | N/A |
| Shareholder Service Fees | Up to 0.50% of net asset value | Up to 0.50% of net asset value | Up to 1.25% of net asset value | N/A | N/A | N/A | N/A | Up to 0.50% of net asset value | N/A |
| Distribution Fees | N/A | Up to 1.00% of net asset value | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investment Management Fee | Up to 0.85% of net asset value. | Up to 0.85% of net asset value. | Up to 0.85% of net asset value. | Up to 0.75% of net asset value. | Up to 0.75% of net asset value. | Up to 0.80% of net asset value. | Up to 0.80% of net asset value. | Up to 0.85% of net asset value. | See Prospectus |
| Performance Fee | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Fee and Expenses Cap | 1.85% of net asset value | N/A | 2.60% of net asset value | 1.25% of net asset value | 1.25% of net asset value | 1.05% of net asset value | 1.05% of net asset value | 1.85% of net asset value | See Prospectus |


##### DILUTION ADJUSTMENT
A dilution adjustment may be applied to the Net Asset Value per Share of the Fund on a dealing day (i) if net subscriptions or redemptions exceed a pre-determined threshold relating to the Fund’s Net Asset Value (where such a threshold has been pre-determined for the Fund from time to time by the Manager ) or (ii) in any other cases where there are net subscriptions or redemptions in the Fund and the Manager or its delegate reasonably believes that imposing a dilution adjustment is in the best interests of existing Shareholders.

##### CLASSES OF SHARES
As more particularly described in the Prospectus under “The Shares”, the Company offers 11 Classes of Shares with various distribution policies, distribution frequencies, hedging policies and currencies in each Class. The name of each Class of Shares offered by the Company enables Shareholders to identify the distribution policy, distribution frequency, hedging policy and currency of a Class by reference to sub- classifications. The table below sets out details of the Classes of Shares in the Fund approved by the Central Bank, and the Classes which are available for purchase as at the date of this supplement.
Where a Class of Shares in any Fund has not previously been issued or is being re-offered, then initial subscriptions for such Shares will be accepted: (i) on such date(s) to be determined by the Manager and notified in advance to the Central Bank; and (ii) the initial offer price and re-offer price as set out in the Prospectus under “Initial offers of share classes”. Alternatively, in the case of a Fund which already has one or more Classes of Shares in issue, the initial offer price per Share for subsequent Classes of Shares issued in respect of that Fund may be the net asset value per Share of such other Class of Shares of that Fund as may be determined by the Manager and notified in advance to the Central Bank and potential Shareholders.
| SHARE CLASSES approved by the Central Bank as at the date of this Supplement |
| --- |
| US Dollar Classes | Euro Classes | Pound Sterling Classes | Hong Kong Dollar Classes | Australia Dollar Classes | Swiss Franc Classes | Canadian Dollar Classes | Renminbi (CNH) Classes | Swedish Kronor Classes | New Zealand dollar Classes | Singapore Dollar Classes |
| A2 USD B2 USD E2 USD I2 USD S2 USD H2 USD G2 USD V2 USD Z2 USD | A2 HEUR B2 HEUR E2 HEUR I2 HEUR S2 HEUR H2 HEUR G2 HEUR V2 HEUR Z2 EUR | I2 GBP S2 HGBP H2 GBP G2 GBP Z2 GBP | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF G2 HCHF Z2 CHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD |


###### Supplement for the

###### Janus Henderson Intech Emerging Markets Managed Volatility Fund
The date of this Supplement is 26 February 2021.

###### This Supplement contains information specific to the Janus Henderson Intech Emerging Markets Managed Volatility Fund (the “Fund”), a sub-fund of Janus Henderson Capital Funds plc (the “Company”). The Company is a UCITS established as an umbrella investment company with segregated liability between Funds with variable capital incorporated in Ireland and regulated by the Central Bank.

###### This Supplement forms part of and should be read in conjunction with the latest Prospectus. The Prospectus may be revised or supplemented from time to time. All capitalised terms used in this Supplement and not otherwise defined herein shall have the meanings set forth in the Prospectus.

##### SUMMARY

###### The information set out under this heading is a summary of the principal features of the Fund, and should be read in conjunction with the full text of this Supplement.
| Classes of Shares | Details of the Classes of Shares are set out in the section below entitled “Classes of Shares”. |
| --- | --- |
| Investors should note that, as at the date of this Supplement, only certain Classes of Shares of the Fund are currently available for purchase. Furthermore, not all Classes of Shares are available in all jurisdictions and investors are requested to contact the relevant Distribution Agent for a list of Classes of Shares available to them. |
| Frequency of Subscriptions, Redemptions and Exchanges | Unless otherwise determined by the Directors and/or the Manager, subscriptions for and redemptions and exchanges of Shares may be made on any Business Day subject to the procedures described in the sections of the Prospectus entitled “How to Purchase Shares”, “How to Redeem Shares” and “How to Exchange or Transfer Shares”. |
| Minimum Subscriptions | The minimum initial and subsequent subscriptions applicable to each Class within the Fund are set out in the section entitled “How to purchase shares” in the Prospectus. |
| Suitability of Classes | Suitability of Classes and eligibility of investors for particular Classes are described in the section entitled “The Shares” in the Prospectus. |
| Base Currency | US Dollar |


##### INVESTMENT OBJECTIVE AND POLICIES
The Fund’s investment objective is to seek to achieve long-term growth of capital. It pursues its objective by investing at least 80% of its net asset value in equities and equity related securities of companies located in Developing Markets located anywhere in the world whose market capitalisation is at least equal to the market capitalisation of one of the companies listed in the MSCI Emerging Markets Index at time of purchase. Under normal circumstances, it is expected that the Fund may provide less volatility, as measured by standard deviation, than the MSCI Emerging Markets Index over a full market cycle. The Fund attempts to achieve this lower volatility within its mathematical portfolio management process by seeking to reduce the standard deviation of portfolio absolute returns. Due to its exposure to Developing Markets, an investment in the Fund should not constitute a substantial proportion of an investment portfolio and may not be appropriate for all investors.
The Fund seeks to achieve growth by investing in equities and equity-related securities listed, traded or dealt in on Regulated Markets that are considered Developing Markets.
For the avoidance of doubt, the Fund is an Equity Investing Fund. The Fund pursues its objectives by applying a mathematical portfolio management process to construct an investment portfolio from a universe of equities and equity related securities (including preference shares, convertible bonds (which may be rated below investment grade; see Appendix 3 of the Prospectus)) within their respective benchmark indices. The mathematical process uses the natural tendency of securities prices to vary over time (volatility) and the correlations of this volatility to determine the securities and their proportions in the Fund’s portfolio. The Fund will not invest in financial derivative instruments (other than in warrants which may be acquired in corporate actions and which are not intended to create leverage).
In the case of the Fund, the process seeks to minimize or reduce absolute volatility. By constructing the portfolio in this manner and periodically rebalancing the portfolio to maintain potentially more efficient weightings, the Sub-Investment Adviser’s mathematical investment process seeks to create a portfolio that, over time, produces returns in excess of its benchmark with an equal or lesser amount of risk.
The Fund may invest up to 5% of its net asset value in the securities of other Eligible Collective Investment Schemes. Such investment includes investing in other Funds. However the Fund may not invest in another Fund which itself holds Shares in other Funds. Where the Fund invests in another Fund, the Fund may not charge an annual management and/or investment management fee in respect of the portion of its assets invested in the other Fund.
Securities are generally selected by the Sub-Investment Adviser without regard to any defined industry sector or other similarly defined selection procedure, and the Fund does not intend to specialise in any particular industry sector.
The percentage of the Fund’s assets invested in equities will vary and, depending on market conditions as determined by the Sub-Investment Adviser, the Fund may hold ancillary liquid assets or short-term interest bearing securities in its portfolio, such as Government Securities or Debt Securities. The Fund may invest to a lesser degree in other types of securities including preference shares, Government Securities, Debt Securities, warrants and securities convertible into equities when the Sub-Investment Adviser perceives an opportunity for capital growth from such securities. The Fund may invest up to 10% of its net asset value in mortgage and asset-backed securities issued or guaranteed by any OECD government, its agencies or instrumentalities or by private issuers and which may be rated below investment grade by the primary rating agencies. The Fund may invest directly or indirectly (i.e. through depositary receipts including American Depositary Receipts, European Depositary Receipts and Global Depositary Receipts) in the relevant markets. The Fund may also invest up to 5% of its net asset value in zero coupon, pay-in-kind and Step Coupon Securities, and without limit in Index/Structured Securities. Pay-in-kind bonds are bonds which may pay interest in the form of additional bonds of the same kind.

##### EUROPEAN BENCHMARKS REGULATION
As at the date of the Supplement, MSCI Limited (as administrator of the MSCI Emerging Markets Index) is included in the register maintained by ESMA under the Benchmarks Regulation.

##### USE OF TEMPORARY DEFENSIVE MEASURES
In certain circumstances, on a temporary and exceptional basis, when the Investment Adviser or Sub- Investment Adviser deems it to be in the best interests of Shareholders, the Fund may not adhere to its investment policies as disclosed above. For further information, see "Use of temporary defensive measures" in the Prospectus.

##### PROFILE OF A TYPICAL INVESTOR
The Fund is available to a wide range of investors seeking access to a portfolio managed in accordance with a specific investment objective and policy.
A potential investor should choose the Class that best suits such investor’s needs. When choosing a Class, potential investors should consider the following:
- How much the investor plans to invest;
- How long the investor expects to own the Shares;
- The expenses paid in respect of each Class;
- Whether the investor qualifies for any reduction or waiver of sales charges; and
- The currency of the share class.


##### INVESTMENT RESTRICTIONS
The Fund’s investments will be limited to investments permitted by the UCITS Regulations and other applicable restrictions as set out in Appendix 4 to the Prospectus.

##### SECURITIES FINANCING TRANSACTIONS REGULATION
As more particularly described under “Securities Financing Transactions Regulation” in the Prospectus, subject to the investment restrictions set out in Appendix 4 to the Prospectus and any investment restriction set out in the section of the Supplement entitled “Investment Objective and Policies”: (a) with respect to permitted investments in total return swaps, the Fund can invest 0% of its Net Asset Value; and (b) the Fund can invest a maximum of 100% of its Net Asset Value in Securities Financing Transactions. Subject to the above limits, it is expected that the Fund will generally invest in the range of 0 - 20% if its Net Asset Value in total return swaps and Securities Financing Transactions.

##### RISK FACTORS AND SPECIAL CONSIDERATIONS
Investors’ attention is drawn to the risk factors and other special considerations which may affect the Fund as set out under “Risk factors and special considerations” in the Prospectus. This does not purport to be an exhaustive list of the risk factors relating to investment in the Fund and investors’ attention is drawn to the description of the instruments set out in the section entitled “Investment Objective and Policies” above.

##### DISTRIBUTION POLICY
As more particularly described under “The Shares” in the Prospectus and in the section of the Supplement entitled “Classes of Shares”, Distributing Share Classes may differ in terms of their distribution frequency. Distributing Share Classes may distribute monthly, quarterly, semi-annually or annually as determined at the launch of the relevant Share Class. The distribution frequency of Share Classes are set out in the table below:
| Frequency of Distribution | Dates of Distribution Declaration |
| --- | --- |
| Accumulating Share Classes |
| Not applicable | Not applicable |
| Distributing Share Classes |
| Monthly | Monthly, normally on the fifteenth day of each month unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Quarterly | Quarterly, normally on 15 January, 15 April, 15 July and 15 October unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Semi-annually | Semi-annually, normally on 15 April and 15 October unless one of these days is not a Business Day in which case the distribution will be |

| Frequency of Distribution | Dates of Distribution Declaration |
| --- | --- |
|  | declared on the last Business Day before the aforementioned dates. |
| Annually | Annually, normally on 15 October unless it is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned date. |


##### TRADE CUT-OFF AND SETTLEMENT TIMES
Subscription orders for Shares received and accepted by or on behalf of the Transfer Agent or the Company and/or the Manager prior to the Trade Cut-Off Times on a Business Day specified in the tables below will be processed at the offering price determined on that Business Day. Subscription orders to subscribe for Shares received by or on behalf of the Transfer Agent or the Company and/or the Manager after the Trade Cut-Off Time on the relevant Business Day will be processed at the offering price determined on the next Business Day. If payment for subscription orders is not received by the relevant Settlement Time, a subscription may be cancelled or the Shareholder may be charged interest on the outstanding subscription monies at normal commercial rates. In such an event, the Distribution Agent or the Shareholder may be held liable for any loss to the Fund.
Processing of redemption orders is subject to receipt and acceptance by or on behalf of the Transfer Agent or the Company and/or the Manager of a valid redemption order. Subject to the provisions set out under “Limitations on Redemptions” in the Prospectus, redemption orders received and accepted by or on behalf of the Transfer Agent or by the Company and/or the Manager prior to the Trade Cut-Off Time on a Business Day will be processed at the net asset value per Share determined on that Business Day.
| Subscription | Trade cut-off Time | Settlement Time |
| --- | --- | --- |
| Subscriptions (other than Class Z Shares) | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |
| Subscriptions made directly to the Transfer Agent by Qualifying Institutional Investors/Class Z Shares | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | 3:30pm, London time on T |
| Redemption | Trade cut-off Time | Settlement Time |
| All Redemptions | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |


##### THE SUB-INVESTMENT ADVISER
The Manager has appointed JCIL to be the Company’s investment adviser. As at the date of this Supplement, JCIL has delegated to Intech responsibility for providing discretionary investment management and advisory services to the Fund.

##### FEES AND EXPENSES
Details of the fees and expenses attaching to an investment in a Fund (including initial sales charges, CDSCs, dilution adjustment, investment management fees and distribution fees) are set out in the section entitled “Fees and Expenses” in the Prospectus and a summary of which is set out below. The Fees and Expenses to Capital Share Classes may charge certain fees and expenses to capital rather than income.
| Fee Type | Class A Shares | Class B Shares | Class E Shares | Class G Shares | Class H Shares | Class I Shares | Class S Shares | Class V Shares | Class Z Shares |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Initial Sales Charge | Up to 5.00% of the amount subscribed | N/A | Up to 3.00% of the amount subscribed | N/A | N/A | Up to 2.00% of the amount subscribed | Up to 2.00% of the amount subscribed | N/A | N/A |
| CDSC < 1 year since purchase 1-2 years 2-3 years 3-4 years >4 years since purchase | N/A | 4% 3% 2% 1% 0% | N/A | N/A | N/A | N/A | N/A | 3% 2% 1% 0% - | N/A |
| Shareholder Service Fees | Up to 0.50% of net asset value | Up to 0.50% of net asset value | Up to 1.25% of net asset value | N/A | N/A | N/A | N/A | Up to 0.50% of net asset value | N/A |
| Distribution Fees | N/A | Up to 1.00% of net asset value | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investment Management Fee | Up to 0.90% of net asset value. | Up to 0.90% of net asset value. | Up to 0.90% of net asset value.. | Up to 0.75% of net asset value. | Up to 0.75% of net asset value. | Up to 0.85% of net asset value. | Up to 0.85% of net asset value. | Up to 0.90% of net asset value. | See Prospectus |
| Performance Fee | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Fee and Expenses Cap | 1.90% of net asset value | N/A | 2.65% of net asset value | 1.25% of net asset value | 1.25% of net asset value | 1.10% of net asset value | 1.10% of net asset value | 1.90% of net asset value | See Prospectus |


##### DILUTION ADJUSTMENT
A dilution adjustment may be applied to the Net Asset Value per Share of the Fund on a dealing day (i) if net subscriptions or redemptions exceed a pre-determined threshold relating to the Fund’s Net Asset Value (where such a threshold has been pre-determined for the Fund from time to time by the Manager ) or (ii) in any other cases where there are net subscriptions or redemptions in the Fund and the Manager or its delegate reasonably believes that imposing a dilution adjustment is in the best interests of existing Shareholders.

##### CLASSES OF SHARES
As more particularly described in the Prospectus under "The Shares” the Company offers 11 Classes of Shares with various distribution policies, distribution frequencies, hedging policies and currencies in each Class. The name of each Class of Shares offered by the Company enables Shareholders to identify the distribution policy, distribution frequency, hedging policy and currency of a Class by reference to sub-classifications. The table below sets out details of the Classes of Shares in the Fund approved by the Central Bank, and the Classes which are available for purchase as at the date of this supplement.
Where a Class of Shares in any Fund has not previously been issued or is being re-offered, then initial subscriptions for such Shares will be accepted: (i) on such date(s) to be determined by the Manager and notified in advance to the Central Bank; and (ii) the initial offer price and re-offer price as set out in the Prospectus under “Initial offers of share classes”. Alternatively, in the case of a Fund which already has one or more Classes of Shares in issue, the initial offer price per Share for subsequent Classes of Shares issued in respect of that Fund may be the net asset value per Share of such other Class of Shares of that Fund as may be determined by the Manager and notified in advance to the Central Bank and potential Shareholders.
| SHARE CLASSES approved by the Central Bank as at the date of this Supplement |
| --- |
| US Dollar Classes | Euro Classes | Pound Sterling Classes | Hong Kong Dollar Classes | Australia Dollar Classes | Swiss Franc Classes | Canadian Dollar Classes | Renminbi (CNH) Classes | Swedish Kronor Classes | New Zealand dollar Classes | Singapore Dollar Classes |
| A2 USD B2 USD E2 USD I2 USD S2 USD H2 USD V2 USD Z2 USD | A2 HEUR B2 HEUR E2 HEUR I2 HEUR S2 HEUR H2 HEUR V2 HEUR Z2 EUR | I2 HGBP I2 GBP S2 HGBP H2 HGBP H2 GBP Z2 GBP Z2 HGBP | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF H2 HCHF G2 HCHF G2 CHF Z2 CHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD |


###### Supplement for the

###### Janus Henderson Intech European Core Fund
The date of this Supplement is 26 February 2021.

###### This Supplement contains information specific to the Janus Henderson Intech European Core Fund (the “Fund”), a sub-fund of Janus Henderson Capital Funds plc (the “Company”). The Company is a UCITS established as an umbrella investment company with segregated liability between Funds with variable capital incorporated in Ireland and regulated by the Central Bank.

###### This Supplement forms part of and should be read in conjunction with the latest Prospectus. The Prospectus may be revised or supplemented from time to time. All capitalised terms used in this Supplement and not otherwise defined herein shall have the meanings set forth in the Prospectus.

##### SUMMARY

###### The information set out under this heading is a summary of the principal features of the Fund, and should be read in conjunction with the full text of this Supplement.
| Classes of Shares | Details of the Classes of Shares are set out in the section below entitled “Classes of Shares”. |
| --- | --- |
| Investors should note that, as at the date of this Supplement, only certain Classes of Shares of the Fund are currently available for purchase. Furthermore, not all Classes of Shares are available in all jurisdictions and investors are requested to contact the relevant Distribution Agent for a list of Classes of Shares available to them. |
| Frequency of Subscriptions, Redemptions and Exchanges | Unless otherwise determined by the Directors and/or the Manager, subscriptions for and redemptions and exchanges of Shares may be made on any Business Day subject to the procedures described in the sections of the Prospectus entitled “How to Purchase Shares”, “How to Redeem Shares” and “How to Exchange or Transfer Shares”. |
| Minimum Subscriptions | The minimum initial and subsequent subscriptions applicable to each Class within the Fund is set out in the section entitled “How to purchase shares” in the Prospectus. |
| Suitability of Classes | Suitability of Classes and eligibility of investors for particular Classes are described in the section entitled “The Shares” in the Prospectus. |
| Base Currency | Euro |


##### INVESTMENT OBJECTIVE AND POLICIES
The Fund’s investment objective is long-term growth of capital. It pursues its objective by investing at least 80% of its net asset value in equities (also known as company shares) and equity related securities of European companies whose market capitalisation is at least equal to the market capitalisation of one of the companies listed in the MSCI Europe Index at the time of purchase.
Performance target: To outperform the MSCI Europe Index by at least 2.75% per annum, before the deduction of charges, over any 5 year period.
The Fund is Actively Managed with reference to the MSCI Europe Index, which is broadly representative of the companies in which it may invest, as this forms the basis of the Fund's performance target. The Sub- Investment Adviser has a mathematical approach to investing which controls the extent to which the portfolio may differ from the index. Details of the Fund’s performance are available in the annual reports and semi- annual reports, the marketing materials and in the KIID. There is no guarantee that the Fund’s performance will match or exceed that benchmark.
The Sub-Investment Adviser has a mathematical investment process that constructs portfolios of securities with higher average stock volatility than the index and combines those securities in a manner that does not increase the overall portfolio volatility above that of the index. More volatile equities may tend to reside on the smaller cap end of the index. The Sub-Investment Adviser approaches risk management from a perspective that evaluates risk relative to a direct investment in the index. Risk controls are designed to minimise the risk of significant underperformance relative to the benchmark.
The Fund seeks to achieve growth potential by investing in equities and equity-related securities, listed, traded or dealt in on Regulated Markets that are not considered Developing Markets.
For the avoidance of doubt, the Fund is an Equity investing Fund. The Fund pursues its objectives by applying a mathematical portfolio management process to construct an investment portfolio from a universe of equities and equity related securities (including preference shares, convertible bonds (which may be rated below investment grade; see Appendix 3 of the Prospectus)) within their respective benchmark indices. The mathematical process uses the natural tendency of securities prices to vary over time (volatility) and the correlations of this volatility to determine the securities and their proportions in the Fund’s portfolio. The Fund will not invest in financial derivative instruments (other than in warrants which may be acquired by corporate actions and which are not intended to create leverage).
The Fund pursues its goal by constructing portfolios of securities with higher average stock volatility than its respective index and combining those securities in a manner that does not increase the overall portfolio volatility above that of the index. More volatile equities may tend to reside on the smaller cap end of the respective index. The Sub-Investment Adviser approaches risk management from a perspective that evaluates risk relative to a direct investment in the index. Risk controls are designed to minimise the risk of significant underperformance relative to the respective benchmark. The Sub-Investment Adviser applies a mathematical investment process in an attempt to build a portfolio in a more efficient combination than the index. The process seeks to capitalise on the natural volatility of the market by searching for equities within the benchmark that have high relative volatility (providing the potential for excess returns) but that essentially move in opposite directions or have low correlation to each other (providing the potential for lower relative risk). By constructing the portfolio in this manner and periodically rebalancing the portfolio to maintain potentially more efficient weightings, the Sub-Investment Adviser’s mathematical investment process seeks to create a portfolio that, over time, produces returns in excess of its benchmark with an equal or lesser amount of risk.
The Fund may invest up to 5% of its net asset value in the securities of other Eligible Collective Investment Schemes. Such investment includes investing in other Funds. However the Fund may not invest in another Fund which itself holds Shares in other Funds. Where the Fund invests in another Fund, the Fund may not charge an annual management and/or investment management fee in respect of the portion of its assets invested in the other Fund.
Securities are generally selected by the Sub-Investment Adviser without regard to any defined industry sector or other similarly defined selection procedure, and the Fund does not intend to specialise in any particular industry sector.
The percentage of the Fund’s assets invested in equities will vary and, depending on market conditions as determined by the Sub-Investment Adviser, the Fund may hold ancillary liquid assets or short-term interest bearing securities in its portfolio, such as Government Securities or Debt Securities. The Fund may invest to a lesser degree in other types of securities including preference shares, Government Securities, Debt Securities, warrants and securities convertible into equities when the Sub-Investment Adviser perceives an opportunity for capital growth from such securities. The Fund may invest up to 10% of its net asset value in mortgage and asset-backed securities issued or guaranteed by any OECD government, its agencies or instrumentalities or by private issuers and which may be rated below investment grade by the primary rating agencies. The Fund may invest directly or indirectly (i.e. through depositary receipts including American Depositary Receipts, European Depositary Receipts and Global Depositary Receipts) in the relevant markets. The Fund may also invest up to 5% of its net asset value in zero coupon, pay-in-kind and Step Coupon Securities, and without limit in Index/Structured Securities. Pay-in-kind bonds are bonds which may pay interest in the form of additional bonds of the same kind.

##### EUROPEAN BENCHMARKS REGULATION
As at the date of the Supplement, MSCI Limited (as administrator of the MSCI Europe Index) is included in the register maintained by ESMA under the Benchmarks Regulation.

##### USE OF TEMPORARY DEFENSIVE MEASURES
In certain circumstances, on a temporary and exceptional basis, when the Investment Adviser or Sub- Investment Adviser deems it to be in the best interests of Shareholders, the Fund may not adhere to its investment policies as disclosed above. For further information, see "Use of temporary defensive measures" in the Prospectus.

##### PROFILE OF A TYPICAL INVESTOR
The Fund is available to a wide range of investors seeking access to a portfolio managed in accordance with a specific investment objective and policy.
A potential investor should choose the Class that best suits such investor’s needs. When choosing a Class, potential investors should consider the following:
- How much the investor plans to invest;
- How long the investor expects to own the Shares;
- The expenses paid in respect of each Class;
- Whether the investor qualifies for any reduction or waiver of sales charges; and
- The currency of the share class.


##### INVESTMENT RESTRICTIONS
The Fund’s investments will be limited to investments permitted by the UCITS Regulations and other applicable restrictions as set out in Appendix 4 to the Prospectus.

##### SECURITIES FINANCING TRANSACTIONS REGULATION
As more particularly described under “Securities Financing Transactions Regulation” in the Prospectus, subject to the investment restrictions set out in Appendix 4 to the Prospectus and any investment restriction set out in the section of the Supplement entitled “Investment Objective and Policies”: (a) with respect to permitted investments in total return swaps, the Fund can invest 0% of its Net Asset Value; and (b) the Fund can invest a maximum of 100% of its Net Asset Value in Securities Financing Transactions. Subject to the above limits, it is expected that the Fund will generally invest in the range of 0 - 20% if its Net Asset Value in total return swaps and Securities Financing Transactions.

##### RISK FACTORS AND SPECIAL CONSIDERATIONS
Investors’ attention is drawn to the risk factors and other special considerations which may affect the Fund as set out under “Risk factors and special considerations” in the Prospectus. This does not purport to be an exhaustive list of the risk factors relating to investment in the Fund and investors’ attention is drawn to the description of the instruments set out in the section entitled “Investment Objectives and Policies” above.

##### DISTRIBUTION POLICY
As more particularly described under “The Shares” in the Prospectus and in the section of the Supplement entitled “Classes of Shares”, Distributing Share Classes may differ in terms of their distribution frequency. Distributing Share Classes may distribute monthly, quarterly, semi-annually or annually as determined at the launch of the relevant Share Class. The distribution frequency of Share Classes are set out in the table below:
| Frequency of Distribution | Dates of Distribution Declaration |
| --- | --- |
| Accumulating Share Classes |

| Frequency of Distribution | Dates of Distribution Declaration |
| --- | --- |
|  |
| Not applicable | Not applicable |
| Distributing Share Classes |
| Monthly | Monthly, normally on the fifteenth day of each month unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Quarterly | Quarterly, normally on 15 January, 15 April, 15 July and 15 October unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Semi-annually | Semi-annually, normally on 15 April and 15 October unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Annually | Annually, normally on 15 October unless it is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned date. |


##### TRADE CUT-OFF AND SETTLEMENT TIMES
Subscription orders for Shares received and accepted by or on behalf of the Transfer Agent or the Company and/or the Manager prior to the Trade Cut-Off Times on a Business Day specified in the tables below will be processed at the offering price determined on that Business Day. Subscription orders to subscribe for Shares received by or on behalf of the Transfer Agent or the Company and/or the Manager after the Trade Cut-Off Time on the relevant Business Day will be processed at the offering price determined on the next Business Day. If payment for subscription orders is not received by the relevant Settlement Time, a subscription may be cancelled or the Shareholder may be charged interest on the outstanding subscription monies at normal commercial rates. In such an event, the Distribution Agent or the Shareholder may be held liable for any loss to the Fund.
Processing of redemption orders is subject to receipt and acceptance by or on behalf of the Transfer Agent or the Company and/or the Manager of a valid redemption order. Subject to the provisions set out under “Limitations on Redemptions” in the Prospectus, redemption orders received and accepted by or on behalf of the Transfer Agent or by the Company and/or the Manager prior to the Trade Cut-Off Time on a Business Day will be processed at the net asset value per Share determined on that Business Day.
| Subscription | Trade cut-off Time | Settlement Time |
| --- | --- | --- |
| Subscriptions (other than Class Z Shares) | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |
| Subscriptions made directly to the Transfer Agent by Qualifying Institutional Investors/Class Z Shares | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | 3:30pm, London time on T |

|  |  |  |
| --- | --- | --- |
| Redemption | Trade cut-off Time | Settlement Time |
| All Redemptions | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |


##### THE SUB-INVESTMENT ADVISER
The Manager has appointed JCIL to be the Company’s investment adviser. As at the date of this Supplement, JCIL has delegated to Intech responsibility for providing discretionary investment management and advisory services to the Fund.

##### FEES AND EXPENSES
Details of the fees and expenses attaching to an investment in a Fund (including initial sales charges, CDSCs, dilution adjustment, investment management fees and distribution fees) are set out in the section entitled “Fees and Expenses” in the Prospectus and a summary of which is set out below. The Fees and Expenses to Capital Share Classes may charge certain fees and expenses to capital rather than income.
| Fee Type | Class A Shares | Class B Shares | Class E Shares | Class G Shares | Class H Shares | Class I Shares | Class S Shares | Class V Shares | Class Z Shares |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Initial Sales Charge | Up to 5.00% of the amount subscribed | N/A | Up to 3.00% of the amount subscribed | N/A | N/A | Up to 2.00% of the amount subscribed | Up to 2.00% of the amount subscribed | N/A | N/A |
| CDSC < 1 year since purchase 1-2 years 2-3 years 3-4 years >4 years since purchase | N/A | 4% 3% 2% 1% 0% | N/A | N/A | N/A | N/A | N/A | 3% 2% 1% 0% - | N/A |
| Shareholder Service Fees | Up to 0.50% of net asset value | Up to 0.50% of net asset value | Up to 1.25% of net asset value | N/A | N/A | N/A | N/A | Up to 0.50% of net asset value | N/A |
| Distribution Fees | N/A | Up to 1.00% of net asset value | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investment Management Fee | Up to 1.00% of net asset value. | Up to 1.00% of net asset value. | Up to 1.00% of net asset value.. | Up to 0.75% of net asset value. | Up to 0.75% of net asset value. | Up to 1.00% of net asset value. | Up to 1.00% of net asset value. | Up to 1.00% of net asset value. | See Prospectus |
| Performance Fee | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Fee and Expenses Cap | 1.75% of net asset value | N/A | 2.75% of net asset value | 1.25% of net asset value | 1.25% of net asset value | 1.25% of net asset value | 1.25% of net asset value | 2.00% of net asset value | See Prospectus |


##### DILUTION ADJUSTMENT
A dilution adjustment may be applied to the Net Asset Value per Share of the Fund on a dealing day (i) if net subscriptions or redemptions exceed a pre-determined threshold relating to the Fund’s Net Asset Value (where such a threshold has been pre-determined for the Fund from time to time by the Manager ) or (ii) in any other cases where there are net subscriptions or redemptions in the Fund and the Manager or its delegate reasonably believes that imposing a dilution adjustment is in the best interests of existing Shareholders.

##### CLASSES OF SHARES
As more particularly described in the Prospectus under “The Shares”, the Company offers 11 Classes of Shares with various distribution policies, distribution frequencies, hedging policies and currencies in each Class. The name of each Class of Shares offered by the Company enables Shareholders to identify the distribution policy, distribution frequency, hedging policy and currency of a Class by reference to sub- classifications. The table below sets out details of the Classes of Shares in the Fund approved by the Central Bank, and the Classes which are available for purchase as at the date of this supplement.
Where a Class of Shares in any Fund has not previously been issued or is being re-offered, then initial subscriptions for such Shares will be accepted: (i) on such date(s) to be determined by the Manager and notified in advance to the Central Bank; and (ii) the initial offer price and re-offer price as set out in the Prospectus under “Initial offers of share classes”. Alternatively, in the case of a Fund which already has one or more Classes of Shares in issue, the initial offer price per Share for subsequent Classes of Shares issued in respect of that Fund may be the net asset value per Share of such other Class of Shares of that Fund as may be determined by the Manager and notified in advance to the Central Bank and potential Shareholders.
| SHARE CLASSES approved by the Central Bank as at the date of this Supplement |
| --- |
| US Dollar Classes | Euro Classes | Pound Sterling Classes | Hong Kong Dollar Classes | Australia Dollar Classes | Swiss Franc Classes | Canadian Dollar Classes | Renminbi (CNH) Classes | Swedish Kronor Classes | New Zealand dollar Classes | Singapore Dollar Classes |
| A2 HUSD B2 HUSD E2 HUSD I2 HUSD S2 HUSD H2 HUSD G2 HUSD V2 HUSD Z2 USD | A2 EUR B2 EUR E2 EUR I2 EUR S2 EUR H2 EUR G2 EUR V2 EUR Z2 EUR Z1 EUR | I2 HGBP I2 GBP S2 HGBP H2 HGBP H2 GBP G2 HGBP G2 GBP Z2 GBP Z2 HGBP | A2 HHKD I2 HHKD S2 HHKD V2 HHKD Z2 HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF H2 HCHF Z2 CHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD |


###### Supplement for the

###### Janus Henderson Intech Global All Country Low Volatility Fund
The date of this Supplement is 26 February 2021.

###### This Supplement contains information specific to the Janus Henderson Intech Global All Country Low Volatility Fund (the “Fund”), a sub-fund of Janus Henderson Capital Funds plc (the “Company”). The Company is a UCITS established as an umbrella investment company with segregated liability between Funds with variable capital incorporated in Ireland and regulated by the Central Bank.

###### This Supplement forms part of and should be read in conjunction with the latest Prospectus. The Prospectus may be revised or supplemented from time to time. All capitalised terms used in this Supplement and not otherwise defined herein shall have the meanings set forth in the Prospectus.

##### SUMMARY

###### The information set out under this heading is a summary of the principal features of the Fund, and should be read in conjunction with the full text of this Supplement.
| Classes of Shares | Details of the Classes of Shares are set out in the section below entitled “Classes of Shares”. |
| --- | --- |
| Investors should note that, as at the date of this Supplement, only certain Classes of Shares of the Fund are currently available for purchase. Furthermore, not all Classes of Shares are available in all jurisdictions and investors are requested to contact the relevant Distribution Agent for a list of Classes of Shares available to them. |
| Frequency of Subscriptions, Redemptions and Exchanges | Unless otherwise determined by the Directors and/or the Manager, subscriptions for and redemptions and exchanges of Shares may be made on any Business Day subject to the procedures described in the sections of the Prospectus entitled “How to Purchase Shares”, “How to Redeem Shares” and “How to Exchange or Transfer Shares”. |
| Minimum Subscriptions | The minimum initial and subsequent subscriptions applicable to each Class within the Fund is set out in the section entitled “How to purchase shares” in the Prospectus. |
| Suitability of Classes | Suitability of Classes and eligibility of investors for particular Classes are described in the section entitled “The Shares” in the Prospectus. |
| Base Currency | US Dollar |


##### INVESTMENT OBJECTIVE AND POLICIES
The Fund’s investment objective is to seek to achieve long-term growth of capital. It pursues its objective by investing at least 80% of its net asset value in equities (also known as company shares) and equity-related securities of companies located anywhere in the world whose market capitalisation is at least equal to the market capitalisation of one of the companies listed in the MSCI All Country World Index at time of purchase.
Performance target: The Fund seeks equity market like returns, gross of fees, (with lower than equity market volatility) over the long term (at least 5 years).
The Fund is Actively Managed with reference to the MSCI All Country World Index, which is broadly representative of the companies in which it may invest, as this forms the basis of the Fund’s performance and volatility targets. The Sub-Investment Adviser has a mathematical approach to investing which controls the extent to which the portfolio may differ from the index. Details of the Fund’s performance are available in the annual reports and semi-annual reports, the marketing materials and in the KIID. There is no guarantee that the Fund’s performance will match or exceed that benchmark. Over full market cycles it is expected that the
Fund may provide returns in line with the MSCI All Country World Index while providing less volatility, as measured by standard deviation, than the MSCI All Country World Index. The Fund attempts to achieve this lower volatility within its mathematical portfolio management process by seeking to minimise the standard deviation of portfolio absolute returns. Due to its exposure to Developing Markets, an investment in the Fund should not constitute a substantial proportion of an investment portfolio and may not be appropriate for all investors.
For the avoidance of doubt, the Fund is an Equity investing Fund. The Fund pursues its objectives by applying a mathematical portfolio management process to construct an investment portfolio from a universe of equities and equity related securities (including preference shares, convertible bonds (which may be rated below investment grade; see Appendix 3 of the Prospectus)) within their respective benchmark indices. The mathematical process uses the natural tendency of securities process to vary over time (volatility) and the correlations of this volatility to determine the securities and their proportions in the Fund’s portfolio. The Fund will not invest in financial derivative instruments (other than in warrants which may be acquired by corporate actions and which are not intended to create leverage).
In the case of the Fund, the process seeks to minimize or reduce absolute volatility. By constructing the portfolio in this manner and periodically rebalancing the portfolio to maintain potentially more efficient weightings, the Sub-Investment Adviser’s mathematical investment process seeks to create a portfolio that, over time, produces returns in excess of its benchmark with an equal or lesser amount of risk.
The Fund may invest up to 5% of its net asset value in the securities of other Eligible Collective Investment Schemes. Such investment includes investing in other Funds. However the Fund may not invest in another Fund which itself holds Shares in other Funds. Where the Fund invests in another Fund, the Fund may not charge an annual management and/or investment management fee in respect of the portion of its assets invested in the other Fund.
Securities are generally selected by the Sub-Investment Adviser without regard to any defined industry sector or other similarly defined selection procedure, and the Fund does not intend to specialise in any particular industry sector.
The percentage of the Fund’s assets invested in equities will vary and, depending on market conditions as determined by the Sub-Investment Adviser, the Fund may hold ancillary liquid assets or short-term interest bearing securities in its portfolio, such as Government Securities or Debt Securities. The Fund may invest to a lesser degree in other types of securities including preference shares, Government Securities, Debt Securities, warrants and securities convertible into equities when the Sub-Investment Adviser perceives an opportunity for capital growth from such securities. The Fund may invest up to 10% of its net asset value in mortgage and asset-backed securities issued or guaranteed by any OECD government, its agencies or instrumentalities or by private issuers and which may be rated below investment grade by the primary rating agencies. The Fund may invest directly or indirectly (i.e. through depositary receipts including American Depositary Receipts, European Depositary Receipts and Global Depositary Receipts) in the relevant markets. The Fund may also invest up to 5% of its net asset value in zero coupon, pay-in-kind and Step Coupon Securities, and without limit in Index/Structured Securities. Pay-in-kind bonds are bonds which may pay interest in the form of additional bonds of the same kind.

##### EUROPEAN BENCHMARKS REGULATION
As at the date of the Supplement, MSCI Limited (as administrator of the MSCI All Country World Index) is included in the register maintained by ESMA under the Benchmarks Regulation.

##### USE OF TEMPORARY DEFENSIVE MEASURES
In certain circumstances, on a temporary and exceptional basis, when the Investment Adviser or Sub- Investment Adviser deems it to be in the best interests of Shareholders, the Fund may not adhere to its investment policies as disclosed above. For further information, see "Use of temporary defensive measures" in the Prospectus.

##### PROFILE OF A TYPICAL INVESTOR
The Fund is available to a wide range of investors seeking access to a portfolio managed in accordance with a specific investment objective and policy.
A potential investor should choose the Class that best suits such investor’s needs. When choosing a Class, potential investors should consider the following:
- How much the investor plans to invest;
- How long the investor expects to own the Shares;
- The expenses paid in respect of each Class;
- Whether the investor qualifies for any reduction or waiver of sales charges; and
- The currency of the share class.


##### INVESTMENT RESTRICTIONS
The Fund’s investments will be limited to investments permitted by the UCITS Regulations and other applicable restrictions as set out in Appendix 4 to the Prospectus.

##### SECURITIES FINANCING TRANSACTIONS REGULATION
As more particularly described under “Securities Financing Transactions Regulation” in the Prospectus, subject to the investment restrictions set out in Appendix 4 to the Prospectus and any investment restriction set out in the section of the Supplement entitled “Investment Objective and Policies”: (a) with respect to permitted investments in total return swaps, the Fund can invest 0% of its Net Asset Value; and (b) the Fund can invest a maximum of 100% of its Net Asset Value in Securities Financing Transactions. Subject to the above limits, it is expected that the Fund will generally invest in the range of 0 - 20% if its Net Asset Value in total return swaps and Securities Financing Transactions.

##### RISK FACTORS AND SPECIAL CONSIDERATIONS
Investors’ attention is drawn to the risk factors and other special considerations which may affect the Fund as set out under “Risk factors and special considerations” in the Prospectus. This does not purport to be an exhaustive list of the risk factors relating to investment in the Fund and investors’ attention is drawn to the description of the instruments set out in the section entitled “Investment Objective and Policies” above.

##### DISTRIBUTION POLICY
As more particularly described under “The Shares” in the Prospectus and in the section of the Supplement entitled “Classes of Shares”, Distributing Share Classes may differ in terms of their distribution frequency. Distributing Share Classes may distribute monthly, quarterly, semi-annually or annually as determined at the launch of the relevant Share Class. The distribution frequency of Share Classes are set out in the table below:
| Frequency of Distribution | Dates of Distribution Declaration |
| --- | --- |
| Accumulating Share Classes |
| Not applicable | Not applicable |
| Distributing Share Classes |
| Monthly | Monthly, normally on the fifteenth day of each month unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Quarterly | Quarterly, normally on 15 January, 15 April, 15 July and 15 October unless one of these days is not a Business Day in which case the distribution |

| Frequency of Distribution | Dates of Distribution Declaration |
| --- | --- |
|  | will be declared on the last Business Day before the aforementioned dates. |
| Semi-annually | Semi-annually, normally on 15 April and 15 October unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Annually | Annually, normally on 15 October unless it is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned date. |


##### TRADE CUT-OFF AND SETTLEMENT TIMES
Subscription orders for Shares received and accepted by or on behalf of the Transfer Agent or the Company and/or the Manager prior to the Trade Cut-Off Times on a Business Day specified in the tables below will be processed at the offering price determined on that Business Day. Subscription orders to subscribe for Shares received by or on behalf of the Transfer Agent or the Company and/or the Manager after the Trade Cut-Off Time on the relevant Business Day will be processed at the offering price determined on the next Business Day. If payment for subscription orders is not received by the relevant Settlement Time, a subscription may be cancelled or the Shareholder may be charged interest on the outstanding subscription monies at normal commercial rates. In such an event, the Distribution Agent or the Shareholder may be held liable for any loss to the Fund.
Processing of redemption orders is subject to receipt and acceptance by or on behalf of the Transfer Agent or the Company and/or the Manager of a valid redemption order. Subject to the provisions set out under “Limitations on Redemptions” in the Prospectus, redemption orders received and accepted by or on behalf of the Transfer Agent or by the Company and/or the Manager prior to the Trade Cut-Off Time on a Business Day will be processed at the net asset value per Share determined on that Business Day.
| Subscription | Trade cut-off Time | Settlement Time |
| --- | --- | --- |
| Subscriptions (other than Class Z Shares) | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |
| Subscriptions made directly to the Transfer Agent by Qualifying Institutional Investors/Class Z Shares | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | 3:30pm, London time on T |
| Redemption | Trade cut-off Time | Settlement Time |
| All Redemptions | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |


##### THE SUB-INVESTMENT ADVISER
The Manager has appointed JCIL to be the Company’s Investment Adviser. As at the date of this Supplement, JCIL has delegated to Intech responsibility for providing discretionary investment management and advisory services to the Fund.

##### FEES AND EXPENSES
Details of the fees and expenses attaching to an investment in a Fund (including initial sales charges, CDSCs, dilution adjustment, investment management fees and distribution fees) are set out in the section entitled “Fees and Expenses” in the Prospectus and a summary of which is set out below. The Fees and Expenses to Capital Share Classes may charge certain fees and expenses to capital rather than income.
| Fee Type | Class A Shares | Class B Shares | Class E Shares | Class G Shares | Class H Shares | Class I Shares | Class S Shares | Class V Shares | Class Z Shares |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Initial Sales Charge | Up to 5.00% of the amount subscribed | N/A | Up to 3.00% of the amount subscribed | N/A | N/A | Up to 2.00% of the amount subscribed | Up to 2.00% of the amount subscribed | N/A | N/A |
| CDSC < 1 year since purchase 1-2 years 2-3 years 3-4 years >4 years since purchase | N/A | 4% 3% 2% 1% 0% | N/A | N/A | N/A | N/A | N/A | 3% 2% 1% 0% - | N/A |
| Shareholder Service Fees | Up to 0.50% of net asset value | Up to 0.50% of net asset value | Up to 1.25% of net asset value | N/A | N/A | N/A | N/A | Up to 0.50% of net asset value | N/A |
| Distribution Fees | N/A | Up to 1.00% of net asset value | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investment Management Fee | Up to 0.75% of net asset value. | Up to 0.75% of net asset value. | Up to 0.75% of net asset value. | Up to 0.65% of net asset value. | Up to 0.65% of net asset value. | Up to 0.70% of net asset value. | Up to 0.70% of net asset value. | Up to 0.75% of net asset value. | See Prospectus |
| Performance Fee | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Fee and Expenses Cap | 1.75% of net asset value | N/A | 2.50% of net asset value | 1.15% of net asset value | 1.15% of net asset value | 0.95% of net asset value | 0.95% of net asset value | 1.75% of net asset value | See Prospectus |


##### DILUTION ADJUSTMENT
A dilution adjustment may be applied to the Net Asset Value per Share of the Fund on a dealing day (i) if net subscriptions or redemptions exceed a pre-determined threshold relating to the Fund’s Net Asset Value (where such a threshold has been pre-determined for the Fund from time to time by the Manager) or (ii) in any other cases where there are net subscriptions or redemptions in the Fund and the Manager or its delegate reasonably believes that imposing a dilution adjustment is in the best interests of existing Shareholders.

##### CLASSES OF SHARES
As more particularly described in the Prospectus under “The Shares”, the Company offers 11 Classes of Shares with various distribution policies, distribution frequencies, hedging policies and currencies in each Class. The name of each Class of Shares offered by the Company enables Shareholders to identify the distribution policy, distribution frequency, hedging policy and currency of a Class by reference to sub- classifications. The table below sets out details of the Classes of Shares approved by the Central Bank, and the Classes which are available for purchase as at the date of this supplement. .
Where a Class of Shares in any Fund has not previously been issued or is being re-offered, then initial subscriptions for such Shares will be accepted: (i) on such date(s) to be determined by the Manager and notified in advance to the Central Bank; and (ii) the initial offer price and re-offer price as set out in the Prospectus under “Initial offers of share classes”. Alternatively, in the case of a Fund which already has one
or more Classes of Shares in issue, the initial offer price per Share for subsequent Classes of Shares issued in respect of that Fund may be the net asset value per Share of such other Class of Shares of that Fund as may be determined by the Manager and notified in advance to the Central Bank and potential Shareholders.
| SHARE CLASSES approved by the Central Bank as at the date of this Supplement |
| --- |
| US Dollar Classes | Euro Classes | Pound Sterling Classes | Hong Kong Dollar Classes | Australia Dollar Classes | Swiss Franc Classes | Canadian Dollar Classes | Renminbi (CNH) Classes | Swedish Kronor Classes | New Zealand dollar Classes | Singapore Dollar Classes |
| A2 USD B2 USD E2 USD I2 USD S2 USD H2 USD V2 USD Z2 USD | A2 HEUR B2 HEUR E2 HEUR I2 HEUR S2 HEUR H2 HEUR V2 HEUR Z2 EUR | I2 HGBP I2 GBP S2 HGBP H2 GBP H2 HGBP Z2 GBP Z2 HGBP | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF Z2 CHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD |


###### Supplement for the

###### Janus Henderson Intech Global All Country Managed Volatility Fund
The date of this Supplement is 26 February 2021.

###### This Supplement contains information specific to the Janus Henderson Intech Global All Country Managed Volatility Fund (the “Fund”), a sub-fund of Janus Henderson Capital Funds plc (the “Company”). The Company is a UCITS established as an umbrella investment company with segregated liability between Funds with variable capital incorporated in Ireland and regulated by the Central Bank.

###### This Supplement forms part of and should be read in conjunction with the latest Prospectus. The Prospectus may be revised or supplemented from time to time. All capitalised terms used in this Supplement and not otherwise defined herein shall have the meanings set forth in the Prospectus.

##### SUMMARY

###### The information set out under this heading is a summary of the principal features of the Fund, and should be read in conjunction with the full text of this Supplement.
| Classes of Shares | Details of the Classes of Shares are set out in the section below entitled “Classes of Shares”. |
| --- | --- |
| Investors should note that, as at the date of this Supplement, only certain Classes of Shares of the Fund are currently available for purchase. Furthermore, not all Classes of Shares are available in all jurisdictions and investors are requested to contact the relevant Distribution Agent for a list of Classes of Shares available to them. |
| Frequency of Subscriptions, Redemptions and Exchanges | Unless otherwise determined by the Directors and/or the Manager, subscriptions for and redemptions and exchanges of Shares may be made on any Business Day subject to the procedures described in the sections of the Prospectus entitled “How to Purchase Shares”, “How to Redeem Shares” and “How to Exchange or Transfer Shares”. |
| Minimum Subscriptions | The minimum initial and subsequent subscriptions applicable to each Class within the Fund is set in the section entitled “How to purchase shares” in the Prospectus. |
| Suitability of Classes | Suitability of Classes and eligibility of investors for particular Classes are described in the section entitled “The Shares” in the Prospectus. |
| Base Currency | US Dollar |


##### INVESTMENT OBJECTIVE AND POLICIES
The Fund’s investment objective is to seek to achieve long-term growth of capital.
This Fund seeks to outperform the MSCI All Country World Index before the deduction of charges, over full market cycles (at least 5 years), with the additional benefit that it may provide less volatility, as measured by standard deviation, than the MSCI All Country World Index.
It pursues its objective by investing at least 80% of its net asset value in equities and equity related securities of companies located anywhere in the world (including Developing Markets) whose market capitalisation is at least equal to the market capitalisation of one of the companies listed in the MSCI All Country World Index at time of purchase.
The Fund is Actively Managed with reference to the MSCI All Country World Index, which is broadly representative of the companies in which it may invest, as this forms the basis of the Fund's performance and
volatility target. The Sub-Investment Adviser has a mathematical approach to investing which controls the extent to which the portfolio may differ from the index.
The process seeks to combine stocks that individually have higher relative volatility, lower absolute volatility, and lower correlations with each other in an effort to reduce the Fund’s absolute volatility (as measured by the standard deviation of monthly returns), while still generating returns that exceed the benchmark index over a full market cycle The Fund is expected to participate in normal rising markets and lessen losses in down markets, the Fund is generally expected to underperform its benchmark index in sharply rising markets. The Sub-Investment Adviser establishes target proportions using an optimization process designed to determine the most effective weightings of each security in the Fund. The portfolio is periodically rebalanced to the set target proportions and re-optimized.
The Sub-Investment Adviser uses ESG (environmental, social and governance) criteria with the resulting portfolio expected to demonstrate an improved ESG profile compared to the Index. The Sub-Investment Adviser excludes companies from its investment universe by aligning to the Norges Bank Investment Management exclusion list (the “NBIM List”) (www.nbim.no/en/the-fund/responsible-investment/exclusion-of-companies/). The NBIM List, as updated from time to time, represents ethically-motivated guidelines for the exclusion of companies from the Fund’s investment universe. The Fund will not, for example, be invested in equities and equity-related securities of companies that produce certain types of weapons, base their operations on coal, or produce tobacco, or of companies that contribute to violations of fundamental ethical norms. The Sub-Investment Adviser considers third party and/or propriety analysis as part of the portfolio construction (optimisation) to positively improve the ESG profile of the fund relative to the Index

###### Due to its exposure to Developing Markets, an investment in the Fund should not constitute a substantial proportion of an investment portfolio and may not be appropriate for all investors.
For the avoidance of doubt, the Fund is an Equity investing Fund. The Fund pursues its objectives by applying a mathematical portfolio management process to construct an investment portfolio from a universe of equities and equity related securities (including preference shares, convertible bonds (which may be rated below investment grade; see Appendix 3 of the Prospectus)) within their respective benchmark indices. The mathematical process uses the natural tendency of securities process to vary over time (volatility) and the correlations of this volatility to determine the securities and their proportions in the Fund’s portfolio. The Fund will not invest in financial derivative instruments (other than in warrants which may be acquired by corporate actions and which are not intended to create leverage).
In the case of the Fund, the process seeks to minimize or reduce absolute volatility. By constructing the portfolio in this manner and periodically rebalancing the portfolio to maintain potentially more efficient weightings, the Sub-Investment Adviser’s mathematical investment process seeks to create a portfolio that, over time, produces returns in excess of its benchmark with an equal or lesser amount of risk.
The Fund may invest up to 5% of its net asset value in the securities of other Eligible Collective Investment Schemes. Such investment includes investing in other Funds. However the Fund may not invest in another Fund which itself holds Shares in other Funds. Where the Fund invests in another Fund, the Fund may not charge an annual management and/or investment management fee in respect of the portion of its assets invested in the other Fund.
Securities are generally selected by the Sub-Investment Adviser without regard to any defined industry sector or other similarly defined selection procedure, and the Fund does not intend to specialise in any particular industry sector.
The percentage of the Fund’s assets invested in equities will vary and, depending on market conditions as determined by the Sub-Investment Adviser, the Fund may hold ancillary liquid assets or short-term interest bearing securities in its portfolio, such as Government Securities or Debt Securities. The Fund may invest to a lesser degree in other types of securities including preference shares, Government Securities, Debt Securities, warrants and securities convertible into equities when the Sub-Investment Adviser perceives an opportunity for capital growth from such securities. The Fund may invest up to 10% of its net asset value in mortgage and asset-backed securities issued or guaranteed by any OECD government, its agencies or instrumentalities or by private issuers and which may be rated below investment grade by the primary rating agencies. The Fund may invest directly or indirectly (i.e. through depositary receipts including American
Depositary Receipts, European Depositary Receipts and Global Depositary Receipts) in the relevant markets. The Fund may also invest up to 5% of its net asset value in zero coupon, pay-in-kind and Step Coupon Securities, and without limit in Index/Structured Securities. Pay-in-kind bonds are bonds which may pay interest in the form of additional bonds of the same kind.

##### USE OF TEMPORARY DEFENSIVE MEASURES
In certain circumstances, on a temporary and exceptional basis, when the Investment Adviser or Sub- Investment Adviser deems it to be in the best interests of Shareholders, the Fund may not adhere to its investment policies as disclosed above. For further information, see "Use of temporary defensive measures" in the Prospectus.

##### PROFILE OF A TYPICAL INVESTOR
The Fund is available to a wide range of investors seeking access to a portfolio managed in accordance with a specific investment objective and policy.
A potential investor should choose the Class that best suits such investor’s needs. When choosing a Class, potential investors should consider the following:
- How much the investor plans to invest;
- How long the investor expects to own the Shares;
- The expenses paid in respect of each Class;
- Whether the investor qualifies for any reduction or waiver of sales charges; and
- The currency of the share class.


##### INVESTMENT RESTRICTIONS
The Fund’s investments will be limited to investments permitted by the UCITS Regulations and other applicable restrictions as set out in Appendix 4 to the Prospectus.

##### SECURITIES FINANCING TRANSACTIONS REGULATION
As more particularly described under “Securities Financing Transactions Regulation” in the Prospectus, subject to the investment restrictions set out in Appendix 4 to the Prospectus and any investment restriction set out in the section of the Supplement entitled “Investment Objective and Policies”: (a) with respect to permitted investments in total return swaps, the Fund can invest 0% of its Net Asset Value; and (b) the Fund can invest a maximum of 100% of its Net Asset Value in Securities Financing Transactions. Subject to the above limits, it is expected that the Fund will generally invest in the range of 0 - 20% if its Net Asset Value in total return swaps and Securities Financing Transactions.

##### RISK FACTORS AND SPECIAL CONSIDERATIONS
Investors’ attention is drawn to the risk factors and other special considerations which may affect the Fund as set out under “Risk factors and special considerations” in the Prospectus. This does not purport to be an exhaustive list of the risk factors relating to investment in the Fund and investors’ attention is drawn to the description of the instruments set out in the section entitled “Investment Objective and Policies” above.

##### DISTRIBUTION POLICY
As more particularly described under “The Shares” in the Prospectus and in the section of the Supplement entitled “Classes of Shares”, Distributing Share Classes may differ in terms of their distribution frequency. Distributing Share Classes may distribute monthly, quarterly, semi-annually or annually as determined at the launch of the relevant Share Class. The distribution frequency of Share Classes are set out in the table below:
| Frequency of Distribution | Dates of Distribution Declaration |
| --- | --- |

| Accumulating Share Classes |
| --- |
| Not applicable | Not applicable |
| Distributing Share Classes |
| Monthly | Monthly, normally on the fifteenth day of each month unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Quarterly | Quarterly, normally on 15 January, 15 April, 15 July and 15 October unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Semi-annually | Semi-annually, normally on 15 April and 15 October unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Annually | Annually, normally on 15 October unless it is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned date. |


##### TRADE CUT-OFF AND SETTLEMENT TIMES
Subscription orders for Shares received and accepted by or on behalf of the Transfer Agent or the Company and/or the Manager prior to the Trade Cut-Off Times on a Business Day specified in the tables below will be processed at the offering price determined on that Business Day. Subscription orders to subscribe for Shares received by or on behalf of the Transfer Agent or the Company and/or the Manager after the Trade Cut-Off Time on the relevant Business Day will be processed at the offering price determined on the next Business Day. If payment for subscription orders is not received by the relevant Settlement Time, a subscription may be cancelled or the Shareholder may be charged interest on the outstanding subscription monies at normal commercial rates. In such an event, the Distribution Agent or the Shareholder may be held liable for any loss to the Fund.
Processing of redemption orders is subject to receipt and acceptance by or on behalf of the Transfer Agent or the Company and/or the Manager of a valid redemption order. Subject to the provisions set out under “Limitations on Redemptions” in the Prospectus, redemption orders received and accepted by or on behalf of the Transfer Agent or by the Company and/or the Manager prior to the Trade Cut-Off Time on a Business Day will be processed at the net asset value per Share determined on that Business Day.
| Subscription | Trade cut-off Time | Settlement Time |
| --- | --- | --- |
| Subscriptions (other than Class Z Shares) | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |
| Subscriptions made directly to the Transfer Agent by Qualifying Institutional Investors/Class Z Shares | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | 3:30pm, London time on T |

| Subscription | Trade cut-off Time | Settlement Time |
| --- | --- | --- |
| Redemption | Trade cut-off Time | Settlement Time |
| All Redemptions | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |


##### THE SUB-INVESTMENT ADVISER
The Manager has appointed JCIL to be the Company’s Investment Adviser. As at the date of this Supplement, JCIL has delegated to Intech responsibility for providing discretionary investment management and advisory services to the Fund.

##### FEES AND EXPENSES
Details of the fees and expenses attaching to an investment in a Fund (including initial sales charges, CDSCs, dilution adjustment, investment management fees and distribution fees) are set out in the section entitled “Fees and Expenses” in the Prospectus and a summary of which is set out below. The Fees and Expenses to Capital Share Classes may charge certain fees and expenses to capital rather than income.
| Fee Type | Class A Shares | Class B Shares | Class E Shares | Class G Shares | Class H Shares | Class I Shares | Class S Shares | Class V Shares | Class Z Shares |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Initial Sales Charge | Up to 5.00% of the amount subscribed | N/A | Up to 3.00% of the amount subscribed | N/A | N/A | Up to 2.00% of the amount subscribed | Up to 2.00% of the amount subscribed | N/A | N/A |
| CDSC < 1 year since purchase 1-2 years 2-3 years 3-4 years >4 years since purchase | N/A | 4% 3% 2% 1% 0% | N/A | N/A | N/A | N/A | N/A | 3% 2% 1% 0% - | N/A |
| Shareholder Service Fees | Up to 0.50% of net asset value | Up to 0.50% of net asset value | Up to 1.25% of net asset value | N/A | N/A | N/A | N/A | Up to 0.50% of net asset value | N/A |
| Distribution Fees | N/A | Up to 1.00% of net asset value | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investment Management Fee | Up to 0.85% of net asset value. | Up to 0.85% of net asset value. | Up to 0.85% of net asset value. | Up to 0.75% of net asset value. | Up to 0.75% of net asset value. | Up to 0.80% of net asset value. | Up to 0.80% of net asset value. | Up to 0.85% of net asset value. | See Prospectus |
| Performance Fee | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Fee and Expenses Cap | 1.85% of net asset value | 2.85% of net asset value | 2.60% of net asset value | 1.25% of net asset value | 1.25% of net asset value | 1.05% of net asset value | 1.05% of net asset value | 1.85% of net asset value | See Prospectus |


##### DILUTION ADJUSTMENT
A dilution adjustment may be applied to the Net Asset Value per Share of the Fund on a dealing day (i) if net subscriptions or redemptions exceed a pre-determined threshold relating to the Fund’s Net Asset Value (where such a threshold has been pre-determined for the Fund from time to time by the Manager ) or (ii) in any other
cases where there are net subscriptions or redemptions in the Fund and the Manager or its delegate reasonably believes that imposing a dilution adjustment is in the best interests of existing Shareholders.

##### CLASSES OF SHARES
As more particularly described in the Prospectus under “The Shares”, the Company offers 11 Classes of Shares with various distribution policies, distribution frequencies, hedging policies and currencies in each Class. The name of each Class of Shares offered by the Company enables Shareholders to identify the distribution policy, distribution frequency, hedging policy and currency of a Class by reference to sub- classifications. The table below sets out details of the Classes of Shares in the Fund approved by the Central Bank, and the Classes which are available for purchase as at the date of this supplement. .
Where a Class of Shares in any Fund has not previously been issued or is being re-offered, then initial subscriptions for such Shares will be accepted: (i) on such date(s) to be determined by the Manager and notified in advance to the Central Bank; and (ii) the initial offer price and re-offer price as set out in the Prospectus under “Initial offers of share classes”. Alternatively, in the case of a Fund which already has one or more Classes of Shares in issue, the initial offer price per Share for subsequent Classes of Shares issued in respect of that Fund may be the net asset value per Share of such other Class of Shares of that Fund as may be determined by the Manager and notified in advance to the Central Bank and potential Shareholders.
| SHARE CLASSES approved by the Central Bank as at the date of this Supplement |
| --- |
| US Dollar Classes | Euro Classes | Pound Sterling Classes | Hong Kong Dollar Classes | Australia Dollar Classes | Swiss Franc Classes | Canadian Dollar Classes | Renminbi (CNH) Classes | Swedish Kronor Classes | New Zealand dollar Classes | Singapore Dollar Classes | Norwegian Krone Classes |
| A2 USD B2 USD E2 USD I2 USD S2 USD H2 USD G2 USD V2 USD Z2 USD | A2 HEUR A2 EUR B2 HEUR E2 HEUR I2 HEUR I1 EUR S2 HEUR S2 EUR H2 HEUR H2 EUR G2 HEUR G2 EUR V2 HEUR Z2 EUR | I2 HGBP I2 GBP S2 HGBP H2 HGBP H2 GBP G2 GBP G2 HGBP Z2 GBP Z2 HGBP | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF G2 HCHF Z2 CHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH | A2 HSEK A2 SEK I2 HSEK I2 SEK H2 HSEK H2 SEK G2 HSEK G2 SEK S2 HSEK S2 SEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD | A2 HNOK A2 NOK I2 HNOK I2 NOK H2 HNOK H2 NOK G2 HNOK G2 NOK S2 NOK S2 HNOK Z2 NOK |


###### Supplement for the

###### Janus Henderson Intech Global Income Managed Volatility Fund4
The date of this Supplement is 26 February 2021.

###### This Supplement contains information specific to the Janus Henderson Intech Global Income Managed Volatility Fund (the “Fund”), a sub-fund of Janus Henderson Capital Funds plc (the “Company”). The Company is a UCITS established as an umbrella investment company with segregated liability between Funds with variable capital incorporated in Ireland and regulated by the Central Bank.

###### This Supplement forms part of and should be read in conjunction with the latest Prospectus. The Prospectus may be revised or supplemented from time to time. All capitalised terms used in this Supplement and not otherwise defined herein shall have the meanings set forth in the Prospectus.

##### SUMMARY

###### The information set out under this heading is a summary of the principal features of the Fund, and should be read in conjunction with the full text of this Supplement.
| Classes of Shares | This Fund is closed to new subscriptions (including exchanges into the Fund) and is in the process of being terminated. |
| --- | --- |
| Not applicable. |
| Frequency of Subscriptions, Redemptions and Exchanges | Not applicable. |
| Minimum Subscriptions | Not applicable. |
| Suitability of Classes | Not applicable. |
| Base Currency | US Dollar |


##### INVESTMENT OBJECTIVE AND POLICIES
The Fund’s investment objective is long-term growth of capital and equity dividend income. It pursues its objective by investing at least 80% in equities and equity related securities of companies located anywhere in the world whose market capitalisation is at least equal to the market capitalisation of one of the companies listed in the MSCI World High Dividend Yield Index at the time of purchase. This Fund pursues its investment objective by constructing a portfolio which seeks to outperform the MSCI World High Dividend Yield Index, over full market cycles, with the additional benefit that it may provide less volatility, as measured by the standard deviation, than the MSCI World High Dividend Yield Index. This reduction in portfolio standard deviation is likely to be most noticeable during periods of high market volatility.
The Fund seeks to achieve growth potential by investing in equities and equity-related securities, listed, traded or dealt in on Regulated Markets that are not considered Developing Markets.
For the avoidance of doubt, the Fund is an Equity investing Fund. The Fund pursues its objectives by applying a mathematical portfolio management process to construct an investment portfolio from a universe of equities and equity related securities (including preference shares, convertible bonds (which may be rated below investment grade; see Appendix 3 of the Prospectus)) within their respective benchmark indices. The mathematical process uses the natural tendency of securities process to vary over time (volatility) and the
4 This Fund is closed to new subscriptions (including exchanges into the Fund), and is in the process of being terminated.
correlations of this volatility to determine the securities and their proportions in the Fund‘s portfolio. The Fund will not invest in financial derivative instruments (other than in warrants which may be acquired by corporate actions and which are not intended to create leverage).
In the case of the Fund, the process seeks to minimize or reduce absolute volatility. By constructing the portfolio in this manner and periodically rebalancing the portfolio to maintain potentially more efficient weightings, the Sub-Investment Adviser’s mathematical investment process seeks to create a portfolio that, over time, produces returns in excess of its benchmark index with an equal or lesser amount of risk.
The Fund may invest up to 5% of its net asset value in the securities of other Eligible Collective Investment Schemes. Such investment includes investing in other Funds. However the Fund may not invest in another Fund which itself holds Shares in other Funds. Where the Fund invests in another Fund, the Fund may not charge an annual management and/or investment management fee in respect of the portion of its assets invested in the other Fund.
Securities are generally selected by the Sub-Investment Adviser without regard to any defined industry sector or other similarly defined selection procedure, and the Fund does not intend to specialise in any particular industry sector.
The percentage of the Fund’s assets invested in equities will vary and, depending on market conditions as determined by the Sub-Investment Adviser, the Fund may hold ancillary liquid assets or short-term interest bearing securities in its portfolio, such as Government Securities or Debt Securities. The Fund may invest to a lesser degree in other types of securities including preference shares, Government Securities, Debt Securities, warrants and securities convertible into equities when the Sub-Investment Adviser perceives an opportunity for capital growth from such securities. The Fund may invest up to 10% of its net asset value in mortgage and asset-backed securities issued or guaranteed by any OECD government, its agencies or instrumentalities or by private issuers and which may be rated below investment grade by the primary rating agencies. The Fund may invest directly or indirectly (i.e. through depositary receipts including American Depositary Receipts, European Depositary Receipts and Global Depositary Receipts) in the relevant markets. The Fund may also invest up to 5% of its net asset value in zero coupon, pay-in-kind and Step Coupon Securities, and without limit in Index/Structured Securities. Pay-in-kind bonds are bonds which may pay interest in the form of additional bonds of the same kind.
To the extent permitted to invest in such securities pursuant to its investment policies set forth herein, the Fund will not invest more than 10% of its net asset value in securities issued or guaranteed by a single country (including its government, a public or local authority of that country) with a credit rating below Investment Grade.

##### USE OF TEMPORARY DEFENSIVE MEASURES
In certain circumstances, on a temporary and exceptional basis, when the Investment Adviser or Sub- Investment Adviser deems it to be in the best interests of Shareholders, the Fund may not adhere to its investment policies as disclosed above. For further information, see "Use of temporary defensive measures" in the Prospectus.

##### PROFILE OF A TYPICAL INVESTOR
The Fund is available to a wide range of investors seeking access to a portfolio managed in accordance with a specific investment objective and policy.
A potential investor should choose the Class that best suits such investor’s needs. When choosing a Class, potential investors should consider the following:
- How much the investor plans to invest;
- How long the investor expects to own the Shares;
- The expenses paid in respect of each Class;
- Whether the investor qualifies for any reduction or waiver of sales charges; and
- The currency of the share class.


##### INVESTMENT RESTRICTIONS
The Fund’s investments will be limited to investments permitted by the UCITS Regulations and other applicable restrictions as set out in Appendix 4 to the Prospectus.

##### SECURITIES FINANCING TRANSACTIONS REGULATION
As more particularly described under “Securities Financing Transactions Regulation” in the Prospectus, subject to the investment restrictions set out in Appendix 4 to the Prospectus and any investment restriction set out in the section of the Supplement entitled “Investment Objective and Policies”: (a) with respect to permitted investments in total return swaps, the Fund can invest 0% of its Net Asset Value; and (b) the Fund can invest a maximum of 100% of its Net Asset Value in Securities Financing Transactions. Subject to the above limits, it is expected that the Fund will generally invest in the range of 0 - 20% if its Net Asset Value in total return swaps and Securities Financing Transactions.

##### RISK FACTORS AND SPECIAL CONSIDERATIONS
Investors’ attention is drawn to the risk factors and other special considerations which may affect the Fund as set out under “Risk factors and special considerations” in the Prospectus. This does not purport to be an exhaustive list of the risk factors relating to investment in the Fund and investors’ attention is drawn to the description of the instruments set out in the section entitled “Investment Objective and Policies”, above.

##### DISTRIBUTION POLICY
This Fund is closed to new subscriptions (including exchanges into the Fund) and is in the process of being terminated.

##### TRADE CUT-OFF AND SETTLEMENT TIMES
This Fund is closed to new subscriptions (including exchanges into the Fund), and is in the process of being terminated.

##### THE SUB-INVESTMENT ADVISER
The Manager has appointed JCIL to be the Company’s Investment Adviser. As at the date of this Supplement, JCIL has delegated to Intech responsibility for providing discretionary investment management and advisory services to the Fund.

##### FEES AND EXPENSES
The Fund is closed to new subscriptions (including exchanges into the Fund) and is in the process of being terminated.

##### DILUTION ADJUSTMENT
This Fund is closed to new subscriptions (including exchanges into the Fund), and is in the process of being terminated.

##### CLASSES OF SHARES
This Fund is closed to new subscriptions (including exchanges into the Fund) and is in the process of being terminated.
| SHARE CLASSES approved by the Central Bank as at the date of this Supplement |
| --- |
| US Dollar Classes | Euro Classes | Pound Sterling Classes | Hong Kong Dollar Classes | Australia Dollar Classes | Swiss Franc Classes | Canadian Dollar Classes | Renminbi (CNH) Classes | Swedish Kronor Classes | New Zealand dollar Classes | Singapore Dollar Classes |
| N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |


###### Supplement for the

###### Janus Henderson Intech US Core Fund
The date of this Supplement is 26 February 2021.

###### This Supplement contains information specific to the Janus Henderson Intech US Core Fund (the “Fund”), a sub-fund of Janus Henderson Capital Funds plc (the “Company”). The Company is a UCITS established as an umbrella investment company with segregated liability between Funds with variable capital incorporated in Ireland and regulated by the Central Bank.

###### This Supplement forms part of and should be read in conjunction with the latest Prospectus. The Prospectus may be revised or supplemented from time to time. All capitalised terms used in this Supplement and not otherwise defined herein shall have the meanings set forth in the Prospectus.

##### SUMMARY

###### The information set out under this heading is a summary of the principal features of the Fund, and should be read in conjunction with the full text of this Supplement.
| Classes of Shares | Details of the Classes of Shares are set out in the section below entitled “Classes of Shares”. |
| --- | --- |
| Investors should note that, as at the date of this Supplement, only certain Classes of Shares of the Fund are currently available for purchase. Furthermore, not all Classes of Shares are available in all jurisdictions and investors are requested to contact the relevant Distribution Agent for a list of Classes of Shares available to them. |
| Frequency of Subscriptions, Redemptions and Exchanges | Unless otherwise determined by the Directors and/or the Manager, subscriptions for and redemptions and exchanges of Shares may be made on any Business Day subject to the procedures described in the sections of the Prospectus entitled “How to Purchase Shares”, “How to Redeem Shares” and “How to Exchange or Transfer Shares”. |
| Minimum Subscriptions | The minimum initial and subsequent subscriptions applicable to each Class within the Fund is set out in the section entitled “How to purchase shares” in the Prospectus. |
| Suitability of Classes | Suitability of Classes and eligibility of investors for particular Classes are described in the section entitled “The Shares” in the Prospectus. |
| Base Currency | US Dollar |


##### INVESTMENT OBJECTIVE AND POLICIES
The Fund’s investment objective is long-term growth of capital. It pursues its objective by investing at least 80% of its net asset value in equities (also known as company shares) and equity-related securities of US Companies whose market capitalisation is at least equal to the market capitalisation of one of the companies listed in the S&P 500® Index at the time of purchase.
Performance target: To outperform the S&P 500 ® Index by at least 3% per annum, before the deduction of charges, over any 5 year period.
The Fund is Actively Managed with reference to the S&P 500® Index, which is broadly representative of the companies in which it may invest, as this forms the basis of the Fund's performance target. The Sub- Investment Adviser has a mathematical approach to investing which controls the extent to which the portfolio may differ from the index. Details of the Fund’s performance are available in the annual reports and semi- annual reports, the marketing materials and in the KIID. There is no guarantee that the Fund’s performance will match or exceed that benchmark.
The Sub-Investment Adviser has a mathematical investment process that constructs portfolios of securities with higher average stock volatility than the index and combines those securities in a manner that does not increase the overall portfolio volatility above that of the index. More volatile equities may tend to reside on the smaller cap end of the index. The Sub-Investment Adviser approaches risk management from a perspective that evaluates risk relative to a direct investment in the index. Risk controls are designed to minimise the risk of significant underperformance relative to the benchmark
The Fund seeks to achieve growth potential by investing in equities and equity-related securities, listed, traded or dealt in on Regulated Markets that are not considered Developing Markets.
For the avoidance of doubt, the Fund is an Equity investing Fund. The Fund pursues its objectives by applying a mathematical portfolio management process to construct an investment portfolio from a universe of equities and equity related securities (including preference shares, convertible bonds (which may be rated below investment grade; see Appendix 3 of the Prospectus)) within their respective benchmark indices. The mathematical process uses the natural tendency of securities prices to vary over time (volatility) and the correlations of this volatility to determine the securities and their proportions in the Fund’s portfolio. The Fund will not invest in financial derivative instruments (other than in warrants which may be acquired by corporate actions and which are not intended to create leverage).
The Fund pursues its goal by constructing portfolios of securities with higher average stock volatility than its respective index and combining those securities in a manner that does not increase the overall portfolio volatility above that of the index. More volatile equities may tend to reside on the smaller cap end of the respective index. The Sub-Investment Adviser approaches risk management from a perspective that evaluates risk relative to a direct investment in the index. Risk controls are designed to minimise the risk of significant underperformance relative to the respective benchmark. The Sub-Investment Adviser applies a mathematical investment process in an attempt to build a portfolio in a more efficient combination than the index. The process seeks to capitalise on the natural volatility of the market by searching for equities within the benchmark that have high relative volatility (providing the potential for excess returns) but that essentially move in opposite directions or have low correlation to each other (providing the potential for lower relative risk). By constructing the portfolio in this manner and periodically rebalancing the portfolio to maintain potentially more efficient weightings, the Sub-Investment Adviser’s mathematical investment process seeks to create a portfolio that, over time, produces returns in excess of its benchmark with an equal or lesser amount of risk.
The Fund may invest up to 5% of its net asset value in the securities of other Eligible Collective Investment Schemes. Such investment includes investing in other Funds. However the Fund may not invest in another Fund which itself holds Shares in other Funds. Where the Fund invests in another Fund, the Fund may not charge an annual management and/or investment management fee in respect of the portion of its assets invested in the other Fund.
Securities are generally selected by the Sub-Investment Adviser without regard to any defined industry sector or other similarly defined selection procedure, and the Fund does not intend to specialise in any particular industry sector.
The percentage of the Fund’s assets invested in equities will vary and, depending on market conditions as determined by the Sub-Investment Adviser, the Fund may hold ancillary liquid assets or short-term interest bearing securities in its portfolio, such as Government Securities or Debt Securities. The Fund may invest to a lesser degree in other types of securities including preference shares, Government Securities, Debt Securities, warrants and securities convertible into equities when the Sub-Investment Adviser perceives an opportunity for capital growth from such securities. The Fund may invest up to 10% of its net asset value in mortgage and asset-backed securities issued or guaranteed by any OECD government, its agencies or instrumentalities or by private issuers and which may be rated below investment grade by the primary rating agencies. The Fund may invest directly or indirectly (i.e. through depositary receipts including American Depositary Receipts, European Depositary Receipts and Global Depositary Receipts) in the relevant markets. The Fund may also invest up to 5% of its net asset value in zero coupon, pay-in-kind and Step Coupon Securities, and without limit in Index/Structured Securities. Pay-in-kind bonds are bonds which may pay interest in the form of additional bonds of the same kind.

##### USE OF TEMPORARY DEFENSIVE MEASURES
In certain circumstances, on a temporary and exceptional basis, when the Investment Adviser or Sub- Investment Adviser deems it to be in the best interests of Shareholders, the Fund may not adhere to its investment policies as disclosed above. For further information, see "Use of temporary defensive measures" in the Prospectus.

##### PROFILE OF A TYPICAL INVESTOR
The Fund is available to a wide range of investors seeking access to a portfolio managed in accordance with a specific investment objective and policy.
A potential investor should choose the Class that best suits such investor’s needs. When choosing a Class, potential investors should consider the following:
- How much the investor plans to invest;
- How long the investor expects to own the Shares;
- The expenses paid in respect of each Class;
- Whether the investor qualifies for any reduction or waiver of sales charges; and
- The currency of the share class.


##### INVESTMENT RESTRICTIONS
The Fund’s investments will be limited to investments permitted by the UCITS Regulations and other applicable restrictions as set out in Appendix 4 to the Prospectus.

##### SECURITIES FINANCING TRANSACTIONS REGULATION
As more particularly described under “Securities Financing Transactions Regulation” in the Prospectus, subject to the investment restrictions set out in Appendix 4 to the Prospectus and any investment restriction set out in the section of the Supplement entitled “Investment Objective and Policies”: (a) with respect to permitted investments in total return swaps, the Fund can invest 0% of its Net Asset Value; and (b) the Fund can invest a maximum of 100% of its Net Asset Value in Securities Financing Transactions. Subject to the above limits, it is expected that the Fund will generally invest in the range of 0 - 20% if its Net Asset Value in total return swaps and Securities Financing Transactions.

##### RISK FACTORS AND SPECIAL CONSIDERATIONS
Investors’ attention is drawn to the risk factors and other special considerations which may affect the Fund as set out under “Risk factors and special considerations” in the Prospectus. This does not purport to be an exhaustive list of the risk factors relating to investment in the Fund and investors’ attention is drawn to the description of the instruments set out in the section entitled “Investment Objective and Policies” above.

##### DISTRIBUTION POLICY
As more particularly described under “The Shares” in the Prospectus and in the section of the Supplement entitled “Classes of Shares”, Distributing Share Classes may differ in terms of their distribution frequency. Distributing Share Classes may distribute monthly, quarterly, semi-annually or annually as determined at the launch of the relevant Share Class. The distribution frequency of Share Classes are set out in the table below:
| Frequency of Distribution | Dates of Distribution Declaration |
| --- | --- |
| Accumulating Share Classes |
| Not applicable | Not applicable |
| Distributing Share Classes |

| Frequency of Distribution | Dates of Distribution Declaration |
| --- | --- |
| Monthly | Monthly, normally on the fifteenth day of each month unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Quarterly | Quarterly, normally on 15 January, 15 April, 15 July and 15 October unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Semi-annually | Semi-annually, normally on 15 April and 15 October unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Annually | Annually, normally on 15 October unless it is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned date. |


##### TRADE CUT-OFF AND SETTLEMENT TIMES
Subscription orders for Shares received and accepted by or on behalf of the Transfer Agent or the Company and/or the Manager prior to the Trade Cut-Off Times on a Business Day specified in the tables below will be processed at the offering price determined on that Business Day. Subscription orders to subscribe for Shares received by or on behalf of the Transfer Agent or the Company and/or the Manager after the Trade Cut-Off Time on the relevant Business Day will be processed at the offering price determined on the next Business Day. If payment for subscription orders is not received by the relevant Settlement Time, a subscription may be cancelled or the Shareholder may be charged interest on the outstanding subscription monies at normal commercial rates. In such an event, the Distribution Agent or the Shareholder may be held liable for any loss to the Fund.
Processing of redemption orders is subject to receipt and acceptance by or on behalf of the Transfer Agent or the Company and/or the Manager of a valid redemption order. Subject to the provisions set out under “Limitations on Redemptions” in the Prospectus, redemption orders received and accepted by or on behalf of the Transfer Agent or by the Company and/or the Manager prior to the Trade Cut-Off Time on a Business Day will be processed at the net asset value per Share determined on that Business Day.
| Subscription | Trade cut-off Time | Settlement Time |
| --- | --- | --- |
| Subscriptions (other than Class Z Shares) | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |
| Subscriptions made directly to the Transfer Agent by Qualifying Institutional Investors/Class Z Shares | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | 3:30pm, London time on T |

| Redemption | Trade cut-off Time | Settlement Time |
| --- | --- | --- |
| All Redemptions | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |


##### THE SUB-INVESTMENT ADVISER
The Manager has appointed JCIL to be the Company’s Investment Adviser. As at the date of this Supplement, JCIL has delegated to Intech responsibility for providing discretionary investment management and advisory services to the Fund.

##### FEES AND EXPENSES
Details of the fees and expenses attaching to an investment in a Fund (including initial sales charges, CDSCs, dilution adjustment, investment management fees and distribution fees) are set out in the section entitled “Fees and Expenses” in the Prospectus and a summary of which is set out below. The Fees and Expenses to Capital Share Classes may charge certain fees and expenses to capital rather than income.
| Fee Type | Class A Shares | Class B Shares | Class E Shares | Class G Shares | Class H Shares | Class I Shares | Class S Shares | Class V Shares | Class Z Shares |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Initial Sales Charge | Up to 5.00% of the amount subscribed | N/A | Up to 3.00% of the amount subscribed | N/A | N/A | Up to 2.00% of the amount subscribed | Up to 2.00% of the amount subscribed | N/A | N/A |
| CDSC < 1 year since purchase 1-2 years 2-3 years 3-4 years >4 years since purchase | N/A | 4% 3% 2% 1% 0% | N/A | N/A | N/A | N/A | N/A | 3% 2% 1% 0% - | N/A |
| Shareholder Service Fees | Up to 0.50% of net asset value | Up to 0.50% of net asset value | Up to 1.25% of net asset value | N/A | N/A | N/A | N/A | Up to 0.50% of net asset value | N/A |
| Distribution Fees | N/A | Up to 1.00% of net asset value | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investment Management Fee | Up to 1.00% of net asset value. | Up to 1.00% of net asset value. | Up to 1.00% of net asset value. | Up to 0.75% of net asset value. | Up to 0.75% of net asset value. | Up to 0.95% of net asset value. | Up to 0.95% of net asset value. | Up to 1.00% of net asset value. | See Prospectus |
| Performance Fee | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Fee and Expenses Cap | 1.75% of net asset value | 2.75% of net asset value | 2.75% of net asset value | 1.25% of net asset value | 1.25% of net asset value | 1.20% of net asset value | 1.20% of net asset value | 2.00% of net asset value | See Prospectus |


##### DILUTION ADJUSTMENT
A dilution adjustment may be applied to the Net Asset Value per Share of the Fund on a dealing day (i) if net subscriptions or redemptions exceed a pre-determined threshold relating to the Fund’s Net Asset Value (where such a threshold has been pre-determined for the Fund from time to time by the Manager) or (ii) in any other
cases where there are net subscriptions or redemptions in the Fund and the Manager or its delegate reasonably believes that imposing a dilution adjustment is in the best interests of existing Shareholders.

##### CLASSES OF SHARES
As more particularly described in the Prospectus under “The Shares”, the Company offers 11 Classes of Shares with various distribution policies, distribution frequencies, hedging policies and currencies in each Class. The name of each Class of Shares offered by the Company enables Shareholders to identify the distribution policy, distribution frequency, hedging policy and currency of a Class by reference to sub- classifications. The table below sets out details of the Classes of Shares in the Fund approved by the Central Bank, and the Classes which are available for purchase as at the date of this Supplement.
Where a Class of Shares in any Fund has not previously been issued or is being re-offered, then initial subscriptions for such Shares will be accepted: (i) on such date(s) to be determined by the Manager and notified in advance to the Central Bank; and (ii) the initial offer price and re-offer price as set out in the Prospectus under “Initial offers of share classes”. Alternatively, in the case of a Fund which already has one or more Classes of Shares in issue, the initial offer price per Share for subsequent Classes of Shares issued in respect of that Fund may be the net asset value per Share of such other Class of Shares of that Fund as may be determined by the Manager and notified in advance to the Central Bank and potential Shareholders.
| SHARE CLASSES approved by the Central Bank as at the date of this Supplement |
| --- |
| US Dollar Classes | Euro Classes | Pound Sterling Classes | Hong Kong Dollar Classes | Australia Dollar Classes | Swiss Franc Classes | Canadian Dollar Classes | Renminbi (CNH) Classes | Swedish Kronor Classes | New Zealand dollar Classes | Singapore Dollar Classes |
| A2 USD B2 USD E2 USD I2 USD S2 USD H2 USD G2 USD V2 USD Z2 USD | A2 HEUR B2 HEUR E2 HEUR I2 HEUR S2 HEUR H2 HEUR G2 HEUR V2 HEUR Z2 EUR | I2 HGBP I2 GBP S2 HGBP H2 HGBP H2 GBP G2 HGBP G2 GBP Z2 GBP Z2 HGBP | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF G2 HCHF Z2 CHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD |


###### Supplement for the

###### Janus Henderson Intech Global Absolute Return Fund
The date of this Supplement is 26 February 2021.

###### This Supplement contains information specific to the Janus Henderson Intech Global Absolute Return (the “Fund”), a sub-fund of Janus Henderson Capital Funds plc (the “Company”). The Company is a UCITS established as an umbrella investment company with segregated liability between Funds with variable capital incorporated in Ireland and regulated by the Central Bank.

###### This Supplement forms part of and should be read in conjunction with the latest Prospectus. The Prospectus may be revised or supplemented from time to time. All capitalised terms used in this Supplement and not otherwise defined herein shall have the meanings set forth in the Prospectus.

##### SUMMARY

###### The information set out under this heading is a summary of the principal features of the Fund, and should be read in conjunction with the full text of this Supplement.
| Classes of Shares | Details of the Classes of Shares are set out in the section below entitled “Classes of Shares”. |
| --- | --- |
| Investors should note that, as at the date of this Supplement, only certain Classes of Shares of the Fund are currently available for purchase. Furthermore, not all Classes of Shares are available in all jurisdictions and investors are requested to contact the relevant Distribution Agent for a list of Classes of Shares available to them. |
| Frequency of Subscriptions, Redemptions and Exchanges | Unless otherwise determined by the Directors and/or the Manager, subscriptions for and redemptions and exchanges of Shares may be made on any Business Day subject to the procedures described in the sections of the Prospectus entitled “How to Purchase Shares”, “How to Redeem Shares” and “How to Exchange or Transfer Shares”. |
| Minimum Subscriptions | The minimum initial and subsequent subscriptions applicable to each Class within the Fund is set out in the section entitled “How to purchase shares” in the Prospectus. |
| Suitability of Classes | Suitability of Classes and eligibility of investors for particular Classes are described in the section entitled “The Shares” in the Prospectus. |
| Base Currency | US Dollar |


##### INVESTMENT OBJECTIVE AND POLICIES
The Fund’s investment objective is to seek to provide positive absolute returns over a rolling three year period. It pursues its objective through a long-short strategy by holding positions primarily in equities (also known as company shares) and equity related securities of companies of any size located anywhere in the world but with a focus on larger companies in developed markets
The Fund employs investment techniques and instruments (trading in futures, options, swaps and swaptions) for efficient portfolio management (ie reduction of risk, reduction of costs, generation of additional capital or income for the fund) or for investment purposes as described in the “Types and Description of Financial Derivative Instruments” section herein, subject to the conditions and within the limits from time to time laid down by the Central Bank.
Performance target: To provide a positive return, over any 3 year period.
The Fund is Actively Managed without reference to a benchmark. The Sub-Investment Adviser has a mathematical approach to investing which is not constrained by a specific benchmark.
The Sub-Investment Adviser combines long equity positions of periodically determined target weights, systematically trading the target allocations based on the volatilities, correlations of the equities and risk constraints, with cash or cash-equivalent investments (ie investments that can readily be converted into cash, for example treasury bills) and equity index short positions to seek positive returns in falling markets. The weight of allocation to the strategy components are adjusted over time based on the market volatility environment in order to meet the long term risk and return objectives of the Fund.
For the avoidance of doubt, the Fund is an Equity investing Fund. The Fund pursues its objectives by applying a mathematical portfolio management process to construct an investment portfolio from a universe of equities and equity related securities (including preference shares, convertible bonds (which may be rated below investment grade; see Appendix 3 of the Prospectus)) within its respective benchmark index. The mathematical process uses the natural tendency of securities prices to vary over time (volatility) and the correlations of this volatility to determine the securities and their proportions in the Fund's portfolio.
In the case of the Fund, the process seeks to minimize or reduce absolute volatility. By constructing the portfolio in this manner and periodically rebalancing the portfolio to maintain potentially more efficient weightings, the Sub-Investment Adviser’s mathematical investment process seeks to create a portfolio that, over time, produces returns in excess of its benchmark with an equal or lesser amount of risk.
The Fund may invest up to 5% of its net asset value in the securities of other Eligible Collective Investment Schemes. Such investment includes investing in other Funds. However the Fund may not invest in another Fund which itself holds Shares in other Funds. Where the Fund invests in another Fund, the Fund may not charge an annual management and/or investment management fee in respect of the portion of its assets invested in the other Fund.
The Fund may invest in financial derivative instruments for efficient portfolio management purposes. The Fund’s investment in financial derivative instruments will be subject to the limits set out within the Fund’s investment policy and the conditions and limits from time to time laid down by the Central Bank. The Fund is permitted to invest up to 100% of its net asset value in financial derivative instruments for investment purposes. The maximum amount of leverage, when calculated using the commitment approach, which the Fund can create through the use of financial derivative instruments is 100% of the net asset value of the Fund. However, Shareholders should note that, given the nature of financial derivative instruments and the fact that such instruments may be traded on margin, a relatively small adverse price movement in the underlying of a given financial derivative instrument may result in immediate and substantial movements in the exposure a Fund to that financial derivative instrument. In the event that any of the financial derivative instruments related exposure limits are exceeded for reasons beyond the control of the Fund, the Fund will remedy such situation as a priority, taking due account of the interests of its Shareholders.
Securities are generally selected by the Sub-Investment Adviser without regard to any defined industry sector or other similarly defined selection procedure, and the Fund does not intend to specialise in any particular industry sector.
The percentage of the Fund’s assets invested in equities will vary and, depending on market conditions as determined by the Sub-Investment Adviser, the Fund may hold ancillary liquid assets or short-term interest bearing securities in its portfolio, such as Government Securities or Debt Securities. The Fund may invest to a lesser degree in other types of securities including preference shares, Government Securities, Debt Securities, warrants and securities convertible into equities when the Sub-Investment Adviser perceives an opportunity for capital growth from such securities. The Fund may invest up to 10% of its net asset value in mortgage and asset-backed securities issued or guaranteed by any OECD government, its agencies or instrumentalities or by private issuers and which may be rated below investment grade by the primary rating agencies. The Fund may invest directly or indirectly (i.e. through depositary receipts including American Depositary Receipts, European Depositary Receipts and Global Depositary Receipts) in the relevant markets. The Fund may also invest up to 5% of its net asset value in zero coupon, pay-in-kind and Step Coupon Securities, and without limit in Index/Structured Securities. Pay-in-kind bonds are bonds which may pay interest in the form of additional bonds of the same kind.

##### USE OF TEMPORARY DEFENSIVE MEASURES
In certain circumstances, on a temporary and exceptional basis, when the Investment Adviser or Sub- Investment Adviser deems it to be in the best interests of Shareholders, the Fund may not adhere to its investment policies as disclosed above. For further information, see "Use of temporary defensive measures" in the Prospectus.

##### PROFILE OF A TYPICAL INVESTOR
The Fund is available to a wide range of investors seeking access to a portfolio managed in accordance with a specific investment objective and policy.
A potential investor should choose the Class that best suits such investor’s needs. When choosing a Class, potential investors should consider the following:
- How much the investor plans to invest;
- How long the investor expects to own the Shares;
- The expenses paid in respect of each Class;
- Whether the investor qualifies for any reduction or waiver of sales charges; and
- The currency of the share class.


##### INVESTMENT RESTRICTIONS
The Fund’s investments will be limited to investments permitted by the UCITS Regulations and other applicable restrictions as set out in Appendix 4 to the Prospectus.

##### USE	OF	INVESTMENT	TECHNIQUES	AND	INSTRUMENTS	AND	FINANCIAL	DERIVATIVE INSTRUMENTS
Subject to the ability of the Fund to invest up to 10% of its net asset value in financial derivative instruments for investment purposes, as set out under “Investment Objective and Policies” above, the Sub-Investment Adviser may only employ investment techniques and instruments, such as trading in futures, options and swaps and other financial derivative instruments for efficient portfolio management (i.e. reduction of risk, reduction of costs, generation of additional capital or income for the Fund) and the Sub-Investment Adviser is required to comply with the conditions and limits from time to time laid down by the Central Bank. Further information is set out under “Use of Investment Techniques and Instruments and Financial Derivatives Instruments” and “Types and description of financial derivative instruments” in the Prospectus.
The primary method of calculation of global exposure for the Fund is the commitment approach method.

##### SECURITIES FINANCING TRANSACTIONS REGULATION
As more particularly described under “Securities Financing Transactions Regulation” in the Prospectus, subject to the investment restrictions set out in Appendix 4 to the Prospectus and any investment restriction set out in the section of the Supplement entitled “Investment Objective and Policies”: (a) with respect to permitted investments in total return swaps, the Fund can invest 0% of its Net Asset Value; and (b) the Fund can invest a maximum of 100% of its Net Asset Value in Securities Financing Transactions. Subject to the above limits, it is expected that the Fund will generally invest in the range of 0 - 20% if its Net Asset Value in total return swaps and Securities Financing Transactions.

##### RISK FACTORS AND SPECIAL CONSIDERATIONS
Investors’ attention is drawn to the risk factors and other special considerations which may affect the Fund as set out under “Risk factors and special considerations” in the Prospectus. This does not purport to be an exhaustive list of the risk factors relating to investment in the Fund and investors’ attention is drawn to the description of the instruments set out in the section entitled “Investment Objective and Policies” above.

##### DISTRIBUTION POLICY
As more particularly described under “The Shares” in the Prospectus and in the section of the Supplement entitled “Classes of Shares”, Distributing Share Classes may differ in terms of their distribution frequency. Distributing Share Classes may distribute monthly, quarterly, semi-annually or annually as determined at the launch of the relevant Share Class. The distribution frequency of Share Classes are set out in the table below:
| Frequency of Distribution | Dates of Distribution Declaration |
| --- | --- |
| Accumulating Share Classes |
| Not applicable | Not applicable |
| Distributing Share Classes |
| Monthly | Monthly, normally on the fifteenth day of each month unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Quarterly | Quarterly, normally on 15 January, 15 April, 15 July and 15 October unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Semi-annually | Semi-annually, normally on 15 April and 15 October unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Annually | Annually, normally on 15 October unless it is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned date. |


##### TRADE CUT-OFF AND SETTLEMENT TIMES
Subscription orders for Shares received and accepted by or on behalf of the Transfer Agent or the Company and/or the Manager prior to the Trade Cut-Off Times on a Business Day specified in the tables below will be processed at the offering price determined on that Business Day. Subscription orders to subscribe for Shares received by or on behalf of the Transfer Agent or the Company and/or the Manager after the Trade Cut-Off Time on the relevant Business Day will be processed at the offering price determined on the next Business Day. If payment for subscription orders is not received by the relevant Settlement Time, a subscription may be cancelled or the Shareholder may be charged interest on the outstanding subscription monies at normal commercial rates. In such an event, the Distribution Agent or the Shareholder may be held liable for any loss to the Fund.
Processing of redemption orders is subject to receipt and acceptance by or on behalf of the Transfer Agent or the Company and/or the Manager of a valid redemption order. Subject to the provisions set out under “Limitations on Redemptions” in the Prospectus, redemption orders received and accepted by or on behalf of the Transfer Agent or by the Company and/or the Manager prior to the Trade Cut-Off Time on a Business Day will be processed at the net asset value per Share determined on that Business Day.
| Subscription | Trade cut-off Time | Settlement Time |
| --- | --- | --- |
| Subscriptions (other than Class Z Shares) | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |
| Subscriptions made directly to the Transfer Agent by Qualifying Institutional Investors/Class Z Shares | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | 3:30pm, London time on T |
| Redemption | Trade cut-off Time | Settlement Time |
| All Redemptions | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |


##### THE SUB-INVESTMENT ADVISER
The Manager has appointed JCIL to be the Company’s investment adviser. As at the date of this Supplement, JCIL has delegated to Intech responsibility for providing discretionary investment management and advisory services to the Fund.

##### FEES AND EXPENSES
Details of the fees and expenses attaching to an investment in a Fund (including initial sales charges, CDSCs, dilution adjustment, investment management fees and distribution fees) are set out in the section entitled “Fees and Expenses” in the Prospectus and a summary of which is set out below. The Fees and Expenses to Capital Share Classes may charge certain fees and expenses to capital rather than income.
| Fee Type | Class A Shares | Class B Shares | Class E Shares | Class G Shares | Class H Shares | Class I Shares | Class S Shares | Class V Shares | Class Z Shares |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Initial Sales Charge | Up to 5.00% of the amount subscribed | N/A | Up to 3.00% of the amount subscribed | N/A | N/A | Up to 2.00% of the amount subscribed | Up to 2.00% of the amount subscribed | N/A | N/A |
| CDSC < 1 year since purchase 1-2 years 2-3 years 3-4 years >4 years since purchase | N/A | 4% 3% 2% 1% 0% | N/A | N/A | N/A | N/A | N/A | 3% 2% 1% 0% - | N/A |
| Shareholder Service Fees | Up to 0.50% of net asset value | Up to 0.50% of net asset value | Up to 1.25% of net asset value | N/A | N/A | N/A | N/A | Up to 0.50% of net asset value | N/A |
| Distribution Fees | N/A | Up to 1.00% of net asset value | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investment Management Fee | Up to 1.00% of net asset value. | Up to 1.00% of net asset value. | Up to 1.00% of net asset value.. | Up to 0.65% of net asset value. | Up to 0.65% of net asset value. | Up to 1.00% of net asset value. | Up to 1.00% of net asset value. | Up to 1.00% of net asset value. | See Prospectus |
| Performance Fee | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |

| Fee Type | Class A Shares | Class B Shares | Class E Shares | Class G Shares | Class H Shares | Class I Shares | Class S Shares | Class V Shares | Class Z Shares |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Fee and Expenses Cap | 1.75% of net asset value | N/A | 2.75% of net asset value | 1.25% of net asset value | 1.25% of net asset value | 1.25% of net asset value | 1.25% of net asset value | 2.00% of net asset value | See Prospectus |


##### DILUTION ADJUSTMENT
A dilution adjustment may be applied to the Net Asset Value per Share of the Fund on a dealing day (i) if net subscriptions or redemptions exceed a pre-determined threshold relating to the Fund’s Net Asset Value (where such a threshold has been pre-determined for the Fund from time to time by the Manager ) or (ii) in any other cases where there are net subscriptions or redemptions in the Fund and the Manager or its delegate reasonably believes that imposing a dilution adjustment is in the best interests of existing Shareholders.

##### CLASSES OF SHARES
As more particularly described in the Prospectus under “The Shares”, the Company offers 11 Classes of Shares with various distribution policies, distribution frequencies, hedging policies and currencies in each Class. The name of each Class of Shares offered by the Company enables Shareholders to identify the distribution policy, distribution frequency, hedging policy and currency of a Class by reference to sub- classifications. The table below sets out details of the Classes of Shares in the Fund approved by the Central Bank, and the Classes which are available for purchase as at the date of this supplement.
Where a Class of Shares in any Fund has not previously been issued or is being re-offered, then initial subscriptions for such Shares will be accepted: (i) on such date(s) to be determined by the Manager and notified in advance to the Central Bank; and (ii) the initial offer price and re-offer price as set out in the Prospectus under “Initial offers of share classes”. Alternatively, in the case of a Fund which already has one or more Classes of Shares in issue, the initial offer price per Share for subsequent Classes of Shares issued in respect of that Fund may be the net asset value per Share of such other Class of Shares of that Fund as may be determined by the Manager and notified in advance to the Central Bank and potential Shareholders.
| SHARE CLASSES approved by the Central Bank as at the date of this Supplement |
| --- |
| US Dollar Classes | Euro Classes | Pound Sterling Classes | Hong Kong Dollar Classes | Australia Dollar Classes | Swiss Franc Classes | Canadian Dollar Classes | Renminbi (CNH) Classes | Swedish Kronor Classes | New Zealand dollar Classes | Singapore Dollar Classes | Norwegian Krone Classes |
| A2 USD B2 USD E2 USD I2 USD S2 USD H2 USD G2 USD V2 USD Z2 USD | A2 HEUR B2 HEUR E2 HEUR I2 HEUR S2 HEUR H2 HEUR G2 HEUR V2 HEUR Z2 EUR | I2 GBP S2 HGBP H2 GBP G2 GBP Z2 GBP | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF G2 HCHF Z2 CHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD | A2 HNOK I2 HNOK Z2 HNOK H2 HNOK |

The initial offer period for all Classes of Shares of the Fund commenced at 9 am (Irish time) on 7 July 2020 and conclude at 4pm (New York time) on 7 January 2021 or such other dates as the Manager may determine and notify in advance to the Central Bank.

###### Supplement for the

###### Janus Henderson Global Diversified Alternatives Fund
The date of this Supplement is 26 February 2021.

###### This Supplement contains information specific to the Janus Henderson Global Diversified Alternatives Fund (the “Fund”), a sub-fund of Janus Henderson Capital Funds plc (the “Company”). The Company is a UCITS established as an umbrella investment company with segregated liability between Funds with variable capital incorporated in Ireland and regulated by the Central Bank.

###### This Supplement forms part of and should be read in conjunction with the latest Prospectus. The Prospectus may be revised or supplemented from time to time. All capitalised terms used in this Supplement and not otherwise defined herein shall have the meanings set forth in the Prospectus.

##### SUMMARY

###### The information set out under this heading is a summary of the principal features of the Fund, and should be read in conjunction with the full text of the Supplement.
| Classes of Shares | Details of the Classes of Shares are set out in the section below entitled “Classes of Shares”. |
| --- | --- |
| Investors should note that, as at the date of this Supplement, only certain Classes of Shares of the Fund are currently available for purchase. Furthermore, not all Classes of Shares are available in all jurisdictions and investors are requested to contact the relevant Distribution Agent for a list of Classes of Shares available to them. |
| Frequency of Subscriptions, Redemptions and Exchanges | Unless otherwise determined by the Directors and/or the Manager, subscriptions for and redemptions and exchanges of Shares may be made on any Business Day subject to the procedures described in the sections of the Prospectus entitled “How to Purchase Shares”, “How to Redeem Shares” and “How to Exchange or Transfer Shares”. |
| Minimum Subscriptions | The minimum initial and subsequent subscriptions applicable to each Class within the Fund is set out in the section entitled “How to purchase shares” in the Prospectus. |
| Suitability of Classes | Suitability of Classes and eligibility of investors for particular Classes are described in the section entitled “The Shares” in the Prospectus. |
| Base Currency | US Dollar |


##### INVESTMENT OBJECTIVE AND POLICIES
The Fund’s investment objective is to seek to achieve long-term capital appreciation with low correlation to global stocks and bonds. The Fund is Actively Managed and is not managed in reference to a benchmark. Under normal circumstances, the Fund seeks to achieve its investment objective by investing in a number of asset classes including equities (also known as company shares), fixed income, commodities, interest rates, and currencies, with the investment selection driven by risk/reward factors within those asset classes. The risk/reward factors in each underlying asset class that will drive the portfolio’s returns might also be referred to as Market Risk Premia.
Understanding these sources of return has historically been a key focus of academic research. The process of identifying investments for the Fund includes unique insights from years of market experience combined with academic research and quantitative models. The relevant Sub-Investment Adviser may, in its sole discretion, actively allocate between the various asset classes on the basis of its assessment of the relevant Market Risk Premia of those asset classes.
To capture these diverse sources of potential return the Fund may invest in companies of any size and located anywhere in the world, from larger, well-established companies to smaller, emerging growth companies. Additionally the Fund may invest in income producing securities of issuers located anywhere in the world. This may include securities of any maturity and of any credit quality, and may include exposure to Government Securities and Debt Securities. The Fund’s exposure to commodities may include investment in exchange traded commodities, exchange traded notes, commodity index futures contracts, options, swaps and other financial derivative instruments which provide exposure to the Commodity Indices provided such instruments are in accordance with the requirement of the Central Bank. The Fund may also invest in other financial derivative instruments which provide exposure to the currency carry risk premia. Currency carry investing seeks to generate returns by investing in higher yielding currencies versus lower yielding currencies. In a carry trade, low interest rate currencies may be sold, and high interest rate currencies may be purchased. The Fund may also invest in other financial derivative instruments which provide exposure to various market interest rates.
The Fund may invest in financial derivative instruments for efficient portfolio management (ie reduction of risk, reduction of costs, generation of additional capital or income for the Fund) or for investment purposes as described in the section of the Prospectus entitled “Types and Description of Financial Derivative Instruments” section, subject to the conditions and within the limits from time to time laid down by the Central Bank to gain or hedge exposure to the investments contemplated in these investment policies.
The Fund will make significant use of financial derivative instruments. The market risk of the Fund will be measured using the VaR methodology. The absolute VaR of the Fund will not exceed 14.1% of the Fund’s Net Asset Value. It is expected that under normal market conditions, the Fund’s leverage, as calculated using the sum of the notionals of the derivatives held by the Fund (the “Notionals Approach”), will be less than 600% of the Fund’s Net Asset Value, and is expected to typically range from 200 to 700% of the Fund’s Net Asset Value. Under exceptional circumstances, it is expected that the Fund may be leveraged up to 1000% (using the Notionals Approach) of the Fund’s Net Asset Value. Exceptional circumstances may include periods characterised by (i) lack of liquidity, particularly in securities listed, traded or dealt on a Regulated Market, causing the Sub-Investment Adviser to seek exposure in derivatives markets; (ii) volatility where the Sub- Investment Adviser seek to hedge or be opportunistic while respecting the investment policies and restrictions applicable to the Fund; or (iii) imperfect correlations and unanticipated market conditions. If the Fund uses a high amount of leverage, especially the higher amount permitted in exceptional circumstances, it may have greater losses that would have occurred absent the high leverage. The leverage figure is calculated using the Notional Approach as is required by the UCITS Regulations. The notional value of the investments varies significantly from their market value which is why the leverage limits are high. These leverage limits do not take into account any netting and hedging arrangements that the Fund may have in place at any time even though these netting and hedging arrangements are used for risk reduction purposes.
The Fund seeks to achieve its investment objective by investing in the securities listed above, traded or dealt in Regulated Markets (including Developing Markets) or by investing indirectly in such securities through the use of financial derivative instruments. Due to its exposure to Developing Markets and below investment grade securities, an investment in the Fund should not constitute a substantial proportion of an investment portfolio and may not be appropriate for all investors.
For the avoidance of doubt, the Fund is an Equity Investing Fund. The Fund may invest in any of the types of transferable securities set forth herein and which are traded on a Regulated Market subject to the limits set out herein.
The Fund may invest in equities and equity-related securities (including preference shares, convertible bonds (which may be rated below investment grade; see Appendix 3 of the Prospectus) and warrants).
The Fund may hold long positions directly in equities or equity-related securities or indirectly in such equities and equity related securities through the use of financial derivative instruments. The Fund will not directly short securities although it may hold short positions exclusively through financial derivative instruments. Financial derivative instruments include those which have equities or equity- related securities as their underlying exposure, but the Fund may also invest in swaps, forwards (including futures), options and contracts for differences, and the Fund may also implement bought (long) and synthetic sold (short) positions through the use of such financial derivative instruments. In addition to using financial derivative instruments for investment purposes the Fund may also use financial derivative instruments for efficient portfolio
management purposes, subject to the conditions and within the limits from time to time laid down by the Central Bank.
The Fund may invest substantially all of its assets in equities to the extent that the Sub-Investment Adviser believes that the relevant market environment favours profitable investing in those securities. Securities are generally selected by the Sub-Investment Adviser without regard to any defined industry sector or other similarly defined selection procedure and the Fund does not intend to specialise in any particular industry sector.
Realisation of income is not a significant investment consideration for the Fund.
The Fund may invest up to 5% of its net asset value in the securities of other Eligible Collective Investment Schemes. Such investment includes investing in other Funds. However the Fund may not invest in another Fund which itself holds Shares in other Funds. Where the Fund invests in another Fund, the Fund may not charge an annual management and/or investment management fee in respect of the portion of its assets invested in the other Fund.
The percentage of the Fund’s assets invested in equities will vary and, depending on market conditions as determined by the Sub-Investment Adviser, the Fund may hold ancillary liquid assets or short-term interest bearing securities in its portfolio, such as Government Securities or Debt Securities. The Fund may invest to a lesser degree in other types of securities including preference shares, Government Securities, Debt Securities, warrants and securities convertible into equities when the Sub-Investment Adviser perceives an opportunity for capital growth from such securities. The Fund may invest up to 35% of its net asset value in Debt Securities (including high-yield/high-risk bonds) or Government Securities rated above, below or at investment grade. The Fund may also invest up to 10% of its net asset value in mortgage- and asset-backed securities issued or guaranteed by any OECD government, its agencies or instrumentalities or by private issuers and which may be rated below investment grade by the primary rating agencies. The Fund may invest directly or indirectly (i.e. through depositary receipts including American Depositary Receipts, European Depositary Receipts and Global Depositary Receipts) in the relevant markets. The Fund may also invest up to 5% of its net asset value in zero coupon, pay-in-kind and Step Coupon Securities, and without limit in Index/Structured Securities. Pay-in-kind bonds are bonds which may pay interest in the form of additional bonds of the same kind.
The Sub-Investment Adviser generally takes a “bottom-up” approach to building portfolios. In other words, it seeks to identify strong businesses with sustainable competitive advantages and improving returns on capital. Commonly referred to as stock picking or bottom-up investing, portfolios of fundamental-based investment funds are built one security at a time following intensive in-house research into each company. Areas of research focus can include the company's management, financials, competitive strengths and weaknesses, earnings growth prospects and numerous other metrics. This approach rests on a belief that some companies have inherent strengths for creating shareholder value over time, have superior prospects to their peer groups and should therefore outperform even in challenging industry and economic circumstances. The purpose of a fundamental investment approach is to identify and invest in such companies.
The Fund may invest in financial derivative instruments for efficient portfolio management purposes. The Fund’s investment in financial derivative instruments will be subject to the limits set out within the Fund’s investment policy and the conditions and limits from time to time laid down by the Central Bank. There will be circumstances in which the Fund will be leveraged in using financial derivative instruments. The Fund is permitted to invest up to 100% of its net asset value in financial derivative instruments for investment purposes. The market risk of the Fund is measured using the VaR methodology, the Fund’s leverage is calculated using the sum of the notionals of the derivatives held by the Fund, details of the leverage are disclosed herein in the Fund’s investment policies. However, Shareholders should note that, given the nature of financial derivative instruments and the fact that such instruments may be traded on margin, a relatively small adverse price movement in the underlying of a given financial derivative instrument may result in immediate and substantial movements in the exposure a Fund to that financial derivative instrument. In the event that any of the financial derivative instruments related exposure limits are exceeded for reasons beyond the control of the Fund, the Fund will remedy such situation as a priority, taking due account of the interests of its Shareholders.

##### USE OF TEMPORARY DEFENSIVE MEASURES
In certain circumstances, on a temporary and exceptional basis, when the Investment Adviser or Sub- Investment Adviser deems it to be in the best interests of Shareholders, the Fund may not adhere to its investment policies as disclosed above. For further information, see "Use of temporary defensive measures" in the Prospectus.

##### PROFILE OF A TYPICAL INVESTOR
The Fund is available to a wide range of investors seeking access to a portfolio managed in accordance with a specific investment objective and policy.
A potential investor should choose the Class that best suits such investor’s needs. When choosing a Class, potential investors should consider the following:
- How much the investor plans to invest;
- How long the investor expects to own the Shares;
- The expenses paid in respect of each Class;
- Whether the investor qualifies for any reduction or waiver of sales charges; and
- The currency of the share class.


##### INVESTMENT RESTRICTIONS
The Fund’s investments will be limited to investments permitted by the UCITS Regulations and other applicable restrictions as set out in Appendix 4 to the Prospectus.

##### USE	OF	INVESTMENT	TECHNIQUES	AND	INSTRUMENTS	AND	FINANCIAL	DERIVATIVE INSTRUMENTS
Subject to the ability of the Fund to invest up to 100% of its net asset value in financial derivative instruments for investment purposes, as set out under “Investment Objective and Policies” above, the Sub-Investment Adviser may only employ investment techniques and instruments, such as trading in futures, options and swaps and other financial derivative instruments for efficient portfolio management (i.e. reduction of risk, reduction of costs, generation of additional capital or income for the Fund) and the Sub-Investment Adviser is required to comply with the conditions and limits from time to time laid down by the Central Bank. Further information is set out under “Use of Investment Techniques and Instruments and Financial Derivatives Instruments” and “Types and description of financial derivative instruments” in the Prospectus.
The Fund will utilise the VaR approach to calculation of global exposure. The VaR method will be used by the Fund to assist in qualitatively assessing and monitoring the Fund’s risk.

##### SECURITIES FINANCING TRANSACTIONS REGULATION
As more particularly described under “Securities Financing Transactions Regulation” in the Prospectus, subject to the investment restrictions set out in Appendix 4 to the Prospectus and any investment restriction set out in the section of the Supplement entitled “Investment Objective and Policies”: (a) with respect to permitted investments in total return swaps, the Fund can invest a maximum of 100% of its Net Asset Value; and (b) the Fund can invest a maximum of 100% of its Net Asset Value in Securities Financing Transactions. Subject to the above limits, it is expected that the Fund will generally invest in the range of 0 - 20% if its Net Asset Value in total return swaps and Securities Financing Transactions.

##### RISK FACTORS AND SPECIAL CONSIDERATIONS
Investors’ attention is drawn to the risk factors and other special considerations which may affect the Fund as set out under “Risk factors and special considerations” in the Prospectus. This does not purport to be an exhaustive list of the risk factors relating to investment in the Fund and investors’ attention is drawn to the description of the instruments set out in the section entitled “Investment Objective and Policies” above

##### DISTRIBUTION POLICY
As more particularly described under “The Shares” in the Prospectus and in the section of the Supplement entitled “Classes of Shares”, Distributing Share Classes may differ in terms of their distribution frequency. Distributing Share Classes may distribute monthly, quarterly, semi-annually or annually as determined at the launch of the relevant Share Class. The distribution frequency of Share Classes are set out in the table below:
| Frequency of Distribution | Dates of Distribution Declaration |
| --- | --- |
| Accumulating Share Classes |
| Not applicable | Not applicable |
| Distributing Share Classes |
| Monthly | Monthly, normally on the fifteenth day of each month unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |


##### TRADE CUT-OFF AND SETTLEMENT TIMES
Subscription orders for Shares received and accepted by or on behalf of the Transfer Agent or the Company and/or the Manager prior to the Trade Cut-Off Times on a Business Day specified in the tables below will be processed at the offering price determined on that Business Day. Subscription orders to subscribe for Shares received by or on behalf of the Transfer Agent or the Company and/or the Manager after the Trade Cut-Off Time on the relevant Business Day will be processed at the offering price determined on the next Business Day. If payment for subscription orders is not received by the relevant Settlement Time, a subscription may be cancelled or the Shareholder may be charged interest on the outstanding subscription monies at normal commercial rates. In such an event, the Distribution Agent or the Shareholder may be held liable for any loss to the Fund.
Processing of redemption orders is subject to receipt and acceptance by or on behalf of the Transfer Agent or the Company and/or the Manager of a valid redemption order. Subject to the provisions set out under “Limitations on Redemptions” in the Prospectus, redemption orders received and accepted by or on behalf of the Transfer Agent or by the Company and/or the Manager prior to the Trade Cut-Off Time on a Business Day will be processed at the net asset value per Share determined on that Business Day.
| Subscription | Trade cut-off Time | Settlement Time |
| --- | --- | --- |
| Subscriptions (other than Class Z Shares) | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |
| Subscriptions made directly to the Transfer Agent by Qualifying Institutional Investors/Class Z Shares | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | 3:30pm, London time on T |
| Redemption | Trade cut-off Time | Settlement Time |
| All Redemptions | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |


##### THE SUB-INVESTMENT ADVISER
The Directors have appointed JCIL to be the Company’s Investment Adviser. As at the date of this Supplement, JCIL has delegated to JCM responsibility for providing discretionary investment management and advisory services in respect of the whole or part of the assets of the Fund.

##### FEES AND EXPENSES
Details of the fees and expenses attaching to an investment in a Fund (including initial sales charges, CDSCs, dilution adjustment, investment management fees and distribution fees) are set out in the section entitled “Fees and Expenses” in the Prospectus and a summary of which is set out below. The Fees and Expenses to Capital Share Classes may charge certain fees and expenses to capital rather than income.
| Fee Type | Class A Shares | Class B Shares | Class E Shares | Class G Shares | Class H Shares | Class I Shares | Class S Shares | Class V Shares | Class Z Shares |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Initial Sales Charge | Up to 5.00% of the amount subscribed | N/A | Up to 3.00% of the amount subscribed | N/A | N/A | Up to 2.00% of the amount subscribed | Up to 2.00% of the amount subscribed | N/A | N/A |
| CDSC < 1 year since purchase 1-2 years 2-3 years 3-4 years >4 years since purchase | N/A | 4% 3% 2% 1% 0% | N/A | N/A | N/A | N/A | N/A | 3% 2% 1% 0% - | N/A |
| Shareholder Service Fees | Up to 0.75% of net asset value | Up to 0.75% of net asset value | Up to 1.25% of net asset value | N/A | N/A | N/A | N/A | Up to 0.75% of net asset value | N/A |
| Distribution Fees | N/A | Up to 1.00% of net asset value | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investment Management Fee | Up to 1.25% of net asset value. | Up to 1.25% of net asset value. | Up to 1.25% of net asset value. | Up to 0.90% of net asset value. | Up to 0.90% of net asset value. | Up to 1.10% of net asset value. | Up to 1.10% of net asset value. | Up to 1.25% of net asset value. | See Prospectus |
| Performance Fee | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Fee and Expenses Cap | 2.25% of net asset value | N/A | 3.00% of net asset value | 1.15% of net asset value | 1.15% of net asset value | 1.35% of net asset value | 1.15% of net asset value | 2.75% of net asset value | See Prospectus |


##### DILUTION ADJUSTMENT
A dilution adjustment may be applied to the Net Asset Value per Share of the Fund on a dealing day (i) if net subscriptions or redemptions exceed a pre-determined threshold relating to the Fund’s Net Asset Value (where such a threshold has been pre-determined for the Fund from time to time by the Manager) or (ii) in any other cases where there are net subscriptions or redemptions in the Fund and the Manager or its delegate reasonably believes that imposing a dilution adjustment is in the best interests of existing Shareholders.

##### CLASSES OF SHARES
As more particularly described in the Prospectus under "The Shares", the Company offers 11 Classes of Shares with various distribution policies, distribution frequencies, hedging policies and currencies in each Class. The name of each Class of Shares offered by the Company enables Shareholders to identify the distribution policy, distribution frequency, hedging policy and currency of a Class by reference to sub-
classifications. The table below sets out details of the Classes of Shares in the Fund approved by the Central Bank, and the Classes which are available for purchase as at the date of this supplement.
Where a Class of Shares in any Fund has not previously been issued or is being re-offered, then initial subscriptions for such Shares will be accepted: (i) on such date(s) to be determined by the Manager and notified in advance to the Central Bank; and (ii) the initial offer price and re-offer price as set out in the Prospectus under “Initial offers of share classes”. Alternatively, in the case of a Fund which already has one or more Classes of Shares in issue, the initial offer price per Share for subsequent Classes of Shares issued in respect of that Fund may be the net asset value per Share of such other Class of Shares of that Fund as may be determined by the Manager and notified in advance to the Central Bank and potential Shareholders.
| SHARE CLASSES approved by the Central Bank as at the date of this Supplement |
| --- |
| US Dollar Classes | Euro Classes | Pound Sterling Classes | Hong Kong Dollar Classes | Australia Dollar Classes | Swiss Franc Classes | Canadian Dollar Classes | Renminbi (CNH) Classes | Swedish Kronor Classes | New Zealand dollar Classes | Singapore Dollar Classes |
| A2 USD B2 USD E2 USD I2 USD S2 USD H2 USD V2 USD Z2 USD | A2 HEUR B2 HEUR E2 HEUR I2 HEUR S2 HEUR H2 HEUR V2 HEUR Z2 EUR | I2 HG I2 GBP S2 HGBP H2 HGBP H2 GBP Z2 GBP Z2 HGBP | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF Z2 CHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD |


###### Supplement for the

###### Janus Henderson Global Real Estate Equity Income Fund
The date of this Supplement is 30 June 2021.

###### This Supplement contains information specific to the Janus Henderson Global Real Estate Fund (the “Fund”), a sub-fund of Janus Henderson Capital Funds plc (the “Company”). The Company is a UCITS established as an umbrella investment company with segregated liability between Funds with variable capital incorporated in Ireland and regulated by the Central Bank.

###### This Supplement forms part of and should be read in conjunction with the latest Prospectus. The Prospectus may be revised or supplemented from time to time. All capitalised terms used in this Supplement and not otherwise defined herein shall have the meanings set forth in the Prospectus.

##### SUMMARY

###### The information set out under this heading is a summary of the principal features of the Fund, and should be read in conjunction with the full text of the Supplement.
| Classes of Shares | Details of the Classes of Shares are set out in the section below entitled “Classes of Shares”. |
| --- | --- |
| Investors should note that, as at the date of this Supplement, only certain Classes of Shares of the Fund are currently available for purchase. Furthermore, not all Classes of Shares are available in all jurisdictions and investors are requested to contact the relevant Distribution Agent for a list of Classes of Shares available to them. |
| Frequency of Subscriptions, Redemptions and Exchanges | Unless otherwise determined by the Directors and/or the Manager, subscriptions for and redemptions and exchanges of Shares may be made on any Business Day subject to the procedures described in the sections of the Prospectus entitled “How to Purchase Shares”, “How to Redeem Shares” and “How to Exchange or Transfer Shares”. |
| Minimum Subscriptions | The minimum initial and subsequent subscriptions applicable to each Class within the Fund is set out in the section entitled “How to purchase shares” in the Prospectus. |
| Suitability of Classes | Suitability of Classes and eligibility of investors for particular Classes are described in the section entitled “The Shares” in the Prospectus. |
| Base Currency | US Dollar |


##### INVESTMENT OBJECTIVE AND POLICIES
The Fund’s investment objective is to provide a positive level of income and to seek to achieve long-term (5 years or more) growth of capital.
Performance Target: To achieve a dividend yield exceeding that of the FTSE EPRA Nareit Global REIT Index, before the deduction of charges, on an annual basis.
It pursues its objective by investing at least 80% of its net asset value in equities (also known as company shares) of companies engaged in or related to the property industry, or which own significant property assets. This may include investments in companies involved in the real estate business or property development, including REITs and companies whose businesses, assets, products or services are related to the real estate sector. The Fund may invest in companies of any size (including small capitalisation equities) and located anywhere in the world (including Developing Markets).
The aggregate amount of the Fund which may be invested in securities traded on the Developing Markets is 30% of the net asset value of the Fund and no more than 20% of the net asset value of the Fund may be invested in securities traded on any one Developing Market. The Fund may invest in equity securities or employ investment techniques and instruments which have exposure to the Chinese market. The Fund may also invest and have direct access to certain eligible China A-Shares via the Shanghai-Hong Kong Stock Connect and the Shenzhen-Hong Kong Stock Connect. Please see the “Risk Factors and Special Considerations” section in [the Prospectus] for a description of certain investment risks specifically in connection with investing in China and investing through the Shanghai-Hong Kong Stock Connect and the Shenzhen-Hong Kong Stock Connect. Due to its exposure to Developing Markets, an investment in the Fund should not constitute a substantial proportion of an investment portfolio and may not be appropriate for all investors.
The Fund is Actively Managed with reference to the FTSE EPRA Nareit Global REIT Index, which is broadly representative of the companies in which it may invest, as this forms the basis of the Fund's performance target. The Sub-Investment Adviser has discretion to choose investments for the Fund with weightings different to the index or not in the index, but at times the Fund may hold investments similar to the index. Details of the Fund’s performance are available in the annual reports and semi-annual reports, the marketing materials and in the KIID. There is no guarantee that the Fund’s performance will match or exceed that benchmark.
REITs are pooled investment vehicles that invest in income producing real property or real property related loans or interests. REITs are generally classified as equity REITs, mortgage REITs or a combination of equity and mortgage REITs. Equity REITs invest their assets directly in real property and derive income primarily from the collection of rents. Equity REITs can also realise capital gains by selling properties that have appreciated in value. Mortgage REITs invest their assets in real property mortgages and derive income from the collection of interest payments.
The percentage of the Fund assets invested in equities and other property companies will vary and, depending on market conditions as determined by the Sub-Investment Adviser, the Fund may invest in short-term investment grade interest bearing securities, such as Government Securities or Debt Securities and/or Index/Structured Securities. The Fund may also invest in other types of securities including preference shares, Government Securities, Debt Securities, warrants and securities convertible into equities when the Sub- Investment Adviser perceives an opportunity for additional return from such securities. The Fund may employ investment techniques and instruments for investment purposes, such as trading in futures, options and swaps and other financial derivative instruments, subject to a limit of up to 10% of its net asset value and subject to the conditions and within the limits from time to time laid down by the Central Bank.
The Fund may invest directly or indirectly (i.e. through depositary receipts including American Depositary Receipts, European Depositary Receipts and Global Depositary Receipts) in the relevant markets.
Realisation of income is a significant investment consideration for the Fund.
The Fund may invest up to 5% of its net asset value in the securities of other Eligible Collective Investment Schemes. Such investment includes investing in other Funds. However, the Fund may not invest in another Fund which itself holds Shares in other Funds. Where the Fund invests in another Fund, the Fund may not charge an annual management and/or investment management fee in respect of the portion of its assets invested in the other Fund.
The Sub-Investment Advisers generally take a “bottom-up” approach to building portfolios. In other words, they seek to identify strong businesses with sustainable competitive advantages and improving returns on capital. Commonly referred to as stock picking or bottom-up investing, portfolios of fundamental-based investment funds are built one security at a time following intensive in-house research into each company. This approach rests on a belief that some companies have inherent strengths for creating shareholder value over time, have superior prospects to their peer groups and should therefore outperform even in challenging industry and economic circumstances. The purpose of a fundamental investment approach is to identify and invest in such companies.
In selecting investments for the Fund, the Sub-Investment Adviser uses a proprietary research-based value approach to select companies which it believes will outperform over the long-term. The research-based approach by the Sub-Investment Adviser gathers information from a variety of sources, including from company management meetings, property tours, financial statement analysis and third party research data to
rank companies on quantitative and qualitative metrics, such as: (i) asset quality (to assess the underlying asset portfolio for age, location, quality and fitness for purpose); (ii) management acumen (to assess company management, key executives and overall business strategy); (iii) liquidity (to exclude those companies with weak liquidity as determine by reference to trading volumes); and (iv) balance sheet strength and growth (to assess financial risks applicable to a company, such as net debt, use of leverage, appropriateness of funding and access to debt markets). Such metrics are used to calculate a score which is applied to the value of a company’s assets by assigning a weighting to each metric. The weighting assigned to a particular metric may vary based on prevailing market conditions and across regions. The metrics are then combined with estimated dividend results, resulting in a total return valuation. This total return valuation is overlaid with a dividend yield screen and the Sub-Investment Adviser builds a portfolio of companies with above-average total return valuation and above-average dividend yield.
The Fund may invest in financial derivative instruments for efficient portfolio management purposes. The Fund’s investment in financial derivative instruments will be subject to the limits set out within the Fund’s investment policy and the conditions and limits from time to time laid down by the Central Bank. There will be circumstances in which the Fund will be leveraged in using financial derivative instruments. The Fund is permitted to invest up to 10% of its net asset value in financial derivative instruments for investment purposes. The maximum amount of leverage, when calculated using the commitment approach, which the Fund can create through the use of financial derivative instruments is 100% of the net asset value of the Fund. Shareholders should note that, given the nature of financial derivative instruments and the fact that such instruments may be traded on margin, a relatively small adverse price movement in the underlying of a given financial derivative instrument may result in immediate and substantial movements in the exposure a Fund to that financial derivative instrument. In the event that any of the financial derivative instruments related exposure limits are exceeded for reasons beyond the control of the Fund, the Fund will remedy such situation as a priority, taking due account of the interests of its Shareholders.

##### EUROPEAN BENCHMARKS REGULATION
As at the date of the Supplement, FTSE International Limited (as administrator of the FTSE EPRA Nareit Global REIT Index) is included in the register maintained by ESMA under the Benchmarks Regulation.

##### USE OF TEMPORARY DEFENSIVE MEASURES
In certain circumstances, on a temporary and exceptional basis, when the Investment Adviser or Sub- Investment Adviser deems it to be in the best interests of Shareholders, the Fund may not adhere to its investment policies as disclosed above. For further information, see "Use of temporary defensive measures" in the Prospectus.

##### PROFILE OF A TYPICAL INVESTOR
The Fund is available to a wide range of investors seeking access to a portfolio managed in accordance with a specific investment objective and policy.
A potential investor should choose the Class that best suits such investor’s needs. When choosing a Class, potential investors should consider the following:
- How much the investor plans to invest;
- How long the investor expects to own the Shares;
- The expenses paid in respect of each Class;
- Whether the investor qualifies for any reduction or waiver of sales charges; and
- The currency of the share class.


##### INVESTMENT RESTRICTIONS
The Fund’s investments will be limited to investments permitted by the UCITS Regulations and other applicable restrictions as set out in Appendix 4 to the Prospectus.

##### USE	OF	INVESTMENT	TECHNIQUES	AND	INSTRUMENTS	AND	FINANCIAL	DERIVATIVE INSTRUMENTS
Subject to the ability of the Fund to invest up to 10% of its net asset value in financial derivative instruments for investment purposes, as set out under “Investment Objective and Policies” above, the Sub-Investment Adviser may only employ investment techniques and instruments, such as trading in futures, options and swaps and other financial derivative instruments for efficient portfolio management (i.e. reduction of risk, reduction of costs, generation of additional capital or income for the Fund) and the Sub-Investment Adviser is required to comply with the conditions and limits from time to time laid down by the Central Bank. Further information is set out under “Use of Investment Techniques and Instruments and Financial Derivatives Instruments” and “Types and description of financial derivative instruments” in the Prospectus.
The primary method of calculation of global exposure for the Fund is the commitment approach method. However, the VaR model may be employed where there is a higher volume or more complex usage of derivative strategies or there is a change in the risk profile of the Fund.

##### SECURITIES FINANCING TRANSACTIONS REGULATION
As more particularly described under “Securities Financing Transactions Regulation” in the Prospectus, subject to the investment restrictions set out in Appendix 4 to the Prospectus and any investment restriction set out in the section of the Supplement entitled “Investment Objective and Policies”: (a) with respect to permitted investments in total return swaps, the Fund can invest 10% of its Net Asset Value; and (b) the Fund can invest a maximum of 100% of its Net Asset Value in Securities Financing Transactions. Subject to the above limits, it is expected that the Fund will generally invest in the range of 0 - 20% of its Net Asset Value in total return swaps and Securities Financing Transactions.

##### RISK FACTORS AND SPECIAL CONSIDERATIONS
Investors’ attention is drawn to the risk factors and other special considerations which may affect the Fund as set out under “Risk factors and special considerations” in the Prospectus. This does not purport to be an exhaustive list of the risk factors relating to investment in the Fund and investors’ attention is drawn to the description of the instruments set out in the section entitled “Investment Objectives and Policies” above.

##### DISTRIBUTION POLICY
As more particularly described under “The Shares” in the Prospectus and in the section of the Supplement entitled “Classes of Shares”, Distributing Share Classes may differ in terms of their distribution frequency. Distributing Share Classes may distribute monthly, quarterly, semi-annually or annually as determined at the launch of the relevant Share Class. The distribution frequency of Share Classes are set out in the table below:
| Frequency of Distribution | Dates of Distribution Declaration |
| --- | --- |
| Accumulating Share Classes |
| Not applicable | Not applicable |
| Distributing Share Classes |
| Monthly | Monthly, normally on the fifteenth day of each month unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Quarterly | Quarterly, normally on 15 February, 15 May, 15 August and 15 November unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |

| Frequency of Distribution | Dates of Distribution Declaration |
| --- | --- |
| Semi-annually | Semi-annually, normally on 15 May and 15 November unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Annually | Annually, normally on 15 May unless it is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned date. |


##### TRADE CUT-OFF AND SETTLEMENT TIMES
Subscription orders for Shares received and accepted by or on behalf of the Transfer Agent or the Company and/or the Manager prior to the Trade Cut-Off Times on a Business Day specified in the tables below will be processed at the offering price determined on that Business Day. Subscription orders to subscribe for Shares received by or on behalf of the Transfer Agent or the Company and/or the Manager after the Trade Cut-Off Time on the relevant Business Day will be processed at the offering price determined on the next Business Day. If payment for subscription orders is not received by the relevant Settlement Time, a subscription may be cancelled or the Shareholder may be charged interest on the outstanding subscription monies at normal commercial rates. In such an event, the Distribution Agent or the Shareholder may be held liable for any loss to the Fund.
Processing of redemption orders is subject to receipt and acceptance by or on behalf of the Transfer Agent or the Company and/or the Manager of a valid redemption order. Subject to the provisions set out under “Limitations on Redemptions” in the Prospectus, redemption orders received and accepted by or on behalf of the Transfer Agent or by the Company and/or the Manager prior to the Trade Cut-Off Time on a Business Day will be processed at the net asset value per Share determined on that Business Day.
| Subscription | Trade cut-off Time | Settlement Time |
| --- | --- | --- |
| Subscriptions (other than Class Z Shares) | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |
| Subscriptions made directly to the Administrator by Qualifying Institutional Investors/Class Z Shares | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | 3:30pm, London time on T |
| Redemption | Trade cut-off Time | Settlement Time |
| All Redemptions | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |


##### THE SUB-INVESTMENT ADVISER
The Manager has appointed JCIL to be the Company’s Investment Adviser. As at the date of this Supplement, JCIL has delegated to JCM responsibility for providing discretionary investment management and advisory services in respect of the whole or part of the assets of the Fund. As at the date of this Supplement, JCIL has also delegated to HGIL responsibility for providing discretionary investment management and advisory services in respect of the whole or part of the assets of the Fund. As at the date of this Supplement, JCIL has also delegated to JHISL responsibility for providing discretionary investment management and advisory services in respect of the whole or part of the assets of the Fund.

##### FEES AND EXPENSES
Details of the fees and expenses attaching to an investment in a Fund (including initial sales charges, CDSCs, dilution adjustment, investment management fees and distribution fees) are set out in the section entitled “Fees and Expenses” in the Prospectus and a summary of which is set out below. The Fees and Expenses to Capital Share Classes may charge certain fees and expenses to capital rather than income.
| Fee Type | Class A Shares | Class B Shares | Class E Shares | Class G Shares | Class H Shares | Class I Shares | Class S Shares | Class V Shares | Class Z Shares |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Initial Sales Charge | Up to 5.00% of the amount subscribed | N/A | Up to 1.00% of the amount subscribed | N/A | N/A | Up to 2.00% of the amount subscribed | Up to 2.00% of the amount subscribed | N/A | N/A |
| CDSC < 1 year since purchase 1-2 years 2-3 years 3-4 years >4 years since purchase | N/A | 4% 3% 2% 1% 0% | N/A | N/A | N/A | N/A | N/A | 3% 2% 1% 0% - | N/A |
| Shareholder Service Fees | Up to 0.75% of net asset value | Up to 0.75% of net asset value | Up to 1.25% of net asset value | N/A | N/A | N/A | N/A | Up to 0.75% of net asset value | N/A |
| Distribution Fees | N/A | Up to 1.00% of net asset value | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investment Management Fee | Up to 1.25% of net asset value. | Up to 1.25% of net asset value. | Up to 1.25% of net asset value. | Up to 0.80% of net asset value. | Up to 0.80% of net asset value. | Up to 1.00% of net asset value. | Up to 1.00% of net asset value. | Up to 1.25% of net asset value. | See Prospectus |
| Performance Fee | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Fee and Expenses Cap | 2.50% of net asset value | 3.50% of net asset value | 3.00% of net asset value | 1.05% of net asset value | 1.05% of net asset value | 1.25% of net asset value | 1.05% of net asset value | 2.75% of net asset value | See Prospectus |


##### DILUTION ADJUSTMENT
A dilution adjustment may be applied to the Net Asset Value per Share of the Fund on a dealing day (i) if net subscriptions or redemptions exceed a pre-determined threshold relating to the Fund’s Net Asset Value (where such a threshold has been pre-determined for the Fund from time to time by the Manager ) or (ii) in any other cases where there are net subscriptions or redemptions in the Fund and the Manager or its delegate reasonably believes that imposing a dilution adjustment is in the best interests of existing Shareholders.

##### CLASSES OF SHARES
As more particularly described in the Prospectus under “The Shares”, the Company offers 11 Classes of Shares with various distribution policies, distribution frequencies, hedging policies and currencies in each Class. The name of each Class of Shares offered by the Company enables Shareholders to identify the distribution policy, distribution frequency, hedging policy and currency of a Class by reference to sub- classifications. The table below sets out details of the Classes of Shares in the Fund approved by the Central Bank, and the Classes which are available for purchase as at the date of this supplement.
Where a Class of Shares in any Fund has not previously been issued or is being re-offered, then initial subscriptions for such Shares will be accepted: (i) on such date(s) to be determined by the Manager and notified in advance to the Central Bank; and (ii) the initial offer price and re-offer price as set out in the
Prospectus under “Initial offers of share classes”. Alternatively, in the case of a Fund which already has one or more Classes of Shares in issue, the initial offer price per Share for subsequent Classes of Shares issued in respect of that Fund may be the net asset value per Share of such other Class of Shares of that Fund as may be determined by the Manager and notified in advance to the Central Bank and potential Shareholders.
| SHARE CLASSES approved by the Central Bank as at the date of this Supplement |
| --- |
| US Dollar Classes | Euro Classes | Pound Sterling Classes | Hong Kong Dollar Classes | Australia Dollar Classes | Swiss Franc Classes | Canadian Dollar Classes | Renminbi (CNH) Classes | Swedish Kronor Classes | New Zealand dollar Classes | Singapore Dollar Classes |
| A2 USD B2 USD E2 USD I2 USD S2 USD H2 USD G2 USD V2 USD Z2 USD A3 q USD B1 q USD I1 q USD H1 q USD A3 USD A3s USD A3m USD A4q USD A4m USD A5m USD I1 USD I3 USD I3s USD I3q USD I3m USD I4q USD I4m USD I5m USD V5 USD | A2 HEUR B2 HEUR E2 HEUR I2 HEUR S2 HEUR H2 HEUR G2 HEUR V2 HEUR Z2 EUR E3q HEUR | I2 HGBP I2 GBP S2 HGBP H2 HGBP H2 GBP G2 GBP G2 HGBP Z2 GBP Z2 HGBP H1 q GBP H1 q HGBP | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD A3 HKD A3s HKD A3q HKD A3m HKD A4q HKD A4m HKD A5m HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF G2 HCHF Z2 CHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD A2 SGD A3q SGD A3m SGD A4m SGD A5m SGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD |

The initial offer period for the Class V5 USD, A2 SGD, A3q SGD, A3m SGD, A4m SGD and A5m SGD of the Fund shall commence at 9 a.m. (Irish time) on 1 July 2021 and shall conclude at 4 p.m. (Irish time) on 31 December 2021 or such earlier date as the Directors may determine and notify to the Central Bank.

###### Supplement for the

###### Janus Henderson Absolute Return Income Fund
The date of this Supplement is 26 February 2021.

###### This Supplement contains information specific to the Janus Henderson Absolute Return Income Fund (the “Fund”), a sub-fund of Janus Henderson Capital Funds plc (the “Company”). The Company is a UCITS established as an umbrella investment company with segregated liability between Funds with variable capital incorporated in Ireland and regulated by the Central Bank.

###### This Supplement forms part of and should be read in conjunction with the latest Prospectus. The Prospectus may be revised or supplemented from time to time. All capitalised terms used in this Supplement and not otherwise defined herein shall have the meanings set forth in the Prospectus.

##### SUMMARY

###### The information set out under this heading is a summary of the principal features of the Fund, and should be read in conjunction with the full text of this Supplement.
| Classes of Shares | Details of the Classes of Shares are set out in the section below entitled “Classes of Shares”. |
| --- | --- |
| Investors should note that, as at the date of this Supplement, only certain Classes of Shares of the Fund are currently available for purchase. Furthermore, not all Classes of Shares are available in all jurisdictions and investors are requested to contact the relevant Distribution Agent for a list of Classes of Shares available to them. |
| Frequency of Subscriptions, Redemptions and Exchanges | Unless otherwise determined by the Directors and/or the Manager, subscriptions for and redemptions and exchanges of Shares may be made on any Business Day subject to the procedures described in the sections of the Prospectus entitled “How to Purchase Shares”, “How to Redeem Shares” and “How to Exchange or Transfer Shares”. |
| Minimum Subscriptions | The minimum initial and subsequent subscriptions applicable to each Class within the Fund are set out in the section entitled “How to purchase shares” in the Prospectus. |
| Suitability of Classes | Suitability of Classes and eligibility of investors for particular Classes are described in the section entitled “The Shares” in the Prospectus. |
| Base Currency | US Dollar |


##### INVESTMENT OBJECTIVE AND POLICIES
The Fund’s investment objective is to seek positive, consistent returns above those that would be earned on cash-equivalent investments. The Fund seeks to provide long-term positive returns through various market environments (i.e. the typical cyclical expansion and contraction periods of the Business Cycle and the ensuing increasing and decreasing of interest rate levels due to market forces or central bank intervention). It pursues this objective by investing at least 80% of its net asset value in Debt Securities located anywhere in the world (including Developing Markets) rated investment grade, below investment grade or unrated Debt Securities of similar quality to below investment grade as determined by the Investment Adviser or Sub-Investment Adviser, or financial derivative instruments. Typical investments in which the Fund may invest include, but are not limited to, corporate credit, Government Securities, mortgage-backed securities, asset-backed securities, emerging markets securities and high yield securities.
The Fund may invest up to 15% of net asset value in Debt Securities rated below investment grade but it will not invest in Debt Securities rated below B- by Standard & Poor’s or Fitch or B3 by Moody’s (see Appendix 3
of the Prospectus) or if unrated, deemed to be of comparable quality by the Investment Adviser or Sub- Investment Adviser.  The mortgage-backed and asset-backed securities in which the Fund may invest will not contain embedded derivatives and/or leverage. The mortgage-backed, asset-backed and credit linked note securities in which the Fund may invest will be rated investment grade or if unrated, deemed to be of comparable quality by the Investment Adviser or Sub-Investment Adviser. No more than 1% of the net asset value of the Fund may be invested in subordinated securities issued by the same issuer. The Fund has no pre-established maturity standards, but the weighted average maturity of the portfolio as a whole is expected to be below five years and it may have a negative duration.
Performance target: To outperform the FTSE 3-Month US Treasury Bill Index by at least 2% per annum, before the deduction of charges, over any 5 year period.
The Fund is Actively Managed with reference to the FTSE 3-Month US Treasury Bill Index as this forms the basis of the Fund's performance target. The Sub-Investment Adviser has a high degree of freedom to choose individual investments for the Fund. Details of the Fund’s performance are available in the annual reports and semi-annual reports, the marketing materials and in the KIID. There is no guarantee that the Fund’s performance will match or exceed that benchmark.
The Sub-Investment Adviser constructs a portfolio around a core of shorter maturity, global investment grade securities seeking to generate yield above cash, and by applying secular and opportunistic views across countries, currencies and sectors to enhance return and mitigate downside risk. The Sub-Investment Adviser will seek to manage the portfolio through the various market environments using a variety of strategies, including, but not limited to, adjusting the overall credit exposure, credit quality, and interest rate duration of the portfolio and the allocation to cash.
The Fund may employ investment techniques and instruments (trading in futures, options, swaps, swaptions, credit default swaps (both single name and indices) and forward currency exchange contracts to manage its duration) for efficient portfolio management (ie reduction of risk, reduction of costs, generation of additional capital or income for the fund) or for investment purposes as described in the “Types and Description of Financial Derivative Instruments” section herein, subject to the conditions and within the limits from time to time laid down by the Central Bank to gain or hedge exposure to the investments contemplated in these investment policies. The financial derivative instruments will be used where direct purchase would not be possible or would be less efficient and may be used to hedge, increase or decrease currency exposures, increase or decrease fixed income exposure to specific countries, increase or decrease exposure to interest rates or a specific currency or country, get exposure to a country’s or currency’s yield curve (which shows the bond yield for different maturities), manage exposure to interest rate, sovereign and credit risk, hedge instruments with inflation sensitivity, gain exposure to a country specific real interest rates.
The Fund will make significant use of financial derivative instruments. The market risk of the Fund will be measured using the VaR methodology. The absolute VaR of the Fund will not exceed 14.1% of the Fund’s Net Asset Value. It is expected that under normal market conditions, the Fund’s leverage, as calculated using the sum of the notionals of the derivatives held by the Fund (the “Notionals Approach”), will be less than 300% of the Fund’s Net Asset Value, and is expected to typically range from 150% to 200% of the Fund’s Net Asset Value. Under exceptional circumstances, it is expected that the Fund may be leveraged up to 400% (using the Notionals Approach) of the Fund’s Net Asset Value. Exceptional circumstances may include periods characterised by (i) lack of liquidity, particularly in securities listed, traded or dealt on a Regulated Market, causing the Sub-Investment Adviser to seek exposure in derivatives markets; (ii) volatility where the Sub- Investment Adviser seek to hedge or be opportunistic while respecting the investment policies and restrictions applicable to the Fund; or (iii) imperfect correlations and unanticipated market conditions. If the Fund uses a high amount of leverage, especially the higher amount permitted in exceptional circumstances, it may have greater losses that would have occurred absent the high leverage. The leverage figure is calculated using the Notional Approach as is required by the UCITS Regulations. The notional value of the investments varies significantly from their market value which is why the leverage limits are high. These leverage limits do not take into account any netting and hedging arrangements that the Fund may have in place at any time even though these netting and hedging arrangements are used for risk reduction purposes.

###### Due to its exposure to Developing Markets and below-investment grade securities, an investment in the Fund should not constitute a substantial proportion of an investment portfolio and may not be appropriate for all investors.
Subject to the investment policies set forth herein, the Fund may invest in a wide variety of income producing Government Securities and Debt Securities, Indexed/Structured Securities, mortgage-and asset-backed securities issued or guaranteed by any OECD government, its agencies or instrumentalities or by a private issuer, zero coupon, pay-in-kind (ie, bonds which may pay interest in the form of additional bonds of the same kind) and Step Coupon Securities, preference shares and income-producing equities, REITs, convertible bonds ie Debt Securities that carry with them the right to acquire equities as evidenced by warrants attached to or acquired with such securities, or Debt Securities convertible into equities. Subject to the investment policies set forth herein, the Fund may invest in equities and other equity securities (such as securities convertible into equities). The Fund may invest directly or indirectly (ie through depositary receipts including American Depositary Receipts, European Depositary Receipts and Global Depositary Receipts) in the relevant markets. In addition the Fund may purchase participations in or assignments of floating rate mortgages or other commercial loans that are liquid and will provide for interest rate adjustments at least every 397 days and which may be secured by real estate or other assets. These participations may be interests in, or assignments of, the loan and may be acquired from banks or brokers that have made the loan or members of the lending syndicate. Such participations will not exceed 10% of the net asset value of the Fund in the aggregate.
The Fund may invest in Debt Securities rated B- or higher by Standard & Poor’s or Fitch or B3 by Moody’s (see Appendix 3 of the Prospectus) subject to a limit of up to 15% of net asset value in Debt Securities or preference shares rated below investment grade but above B- (by Standard & Poors or Fitch and B3 by Moody’s). The Fund may also purchase defaulted securities if, in the opinion of the relevant Sub-Investment Adviser, it appears likely that the issuer may resume interest payments or other advantageous developments appear likely in the near term.
The Fund may invest up to 5% of its net asset value in the securities of other Eligible Collective Investment Schemes. Such investment includes investing in other Funds. However the Fund may not invest in another Fund which itself holds Shares in other Funds. Where the Fund invests in another Fund, the Fund may not charge an annual management and/or investment management fee in respect of the portion of its assets invested in the other Fund.
The Fund may invest in financial derivative instruments for efficient portfolio management purposes. The Fund’s investment in financial derivative instruments will be subject to the limits set out within the Fund’s investment policy and the conditions and limits from time to time laid down by the Central Bank. There will be circumstances in which the Fund will be leveraged in using financial derivative instruments. The Fund is permitted to invest up to 100% of its net asset value in financial derivative instruments for investment purposes. The market risk of the Fund is measured using the VaR methodology, the Fund’s leverage is calculated using the sum of the notionals of the derivatives held by the Fund. However, Shareholders should note that, given the nature of financial derivative instruments and the fact that such instruments may be traded on margin, a relatively small adverse price movement in the underlying of a given financial derivative instrument may result in immediate and substantial movements in the exposure a Fund to that financial derivative instrument. In the event that any of the financial derivative instruments related exposure limits are exceeded for reasons beyond the control of the Fund, the Fund will remedy such situation as a priority, taking due account of the interests of its Shareholders.

##### USE OF TEMPORARY DEFENSIVE MEASURES
In certain circumstances, on a temporary and exceptional basis, when the Investment Adviser or Sub- Investment Adviser deems it to be in the best interests of Shareholders, the Fund may not adhere to its investment policies as disclosed above. For further information, see "Use of temporary defensive measures" in the Prospectus.

##### PROFILE OF A TYPICAL INVESTOR
The Fund is available to a wide range of investors seeking access to a portfolio managed in accordance with a specific investment objective and policy.
A potential investor should choose the Class that best suits such investor’s needs. When choosing a Class, potential investors should consider the following:
- How much the investor plans to invest;
- How long the investor expects to own the Shares;
- The expenses paid in respect of each Class;
- Whether the investor qualifies for any reduction or waiver of sales charges; and
- The currency of the share class.


##### INVESTMENT RESTRICTIONS
The Fund’s investments will be limited to investments permitted by the UCITS Regulations and other applicable restrictions as set out in Appendix 4 to the Prospectus.

##### USE	OF	INVESTMENT	TECHNIQUES	AND	INSTRUMENTS	AND	FINANCIAL	DERIVATIVE INSTRUMENTS
Subject to the ability of the Fund to invest in financial derivative instruments for investment purposes, as set out under “Investment Objective and Policies” above, the Sub-Investment Adviser may only employ investment techniques and instruments, such as trading in futures, options and swaps and other financial derivative instruments for efficient portfolio management (i.e. reduction of risk, reduction of costs, generation of additional capital or income for the Fund) and the Sub-Investment Adviser is required to comply with the conditions and limits from time to time laid down by the Central Bank. Further information is set out under “Use of Investment Techniques and Instruments and Financial Derivatives Instruments” and “Types and description of financial derivative instruments” in the Prospectus.
The Fund will utilise the VaR approach to calculation of global exposure. The VaR method will be used by the Fund to assist in qualitatively assessing and monitoring the Fund’s risk.

##### SECURITIES FINANCING TRANSACTIONS REGULATION
As more particularly described under “Securities Financing Transactions Regulation” in the Prospectus, subject to the investment restrictions set out in Appendix 4 to the Prospectus and any investment restriction set out in the section of the Supplement entitled “Investment Objective and Policies”: (a) with respect to permitted investments in total return swaps, the Fund can invest a maximum of 100% of its Net Asset Value; and (b) the Fund can invest a maximum of 100% of its Net Asset Value in Securities Financing Transactions. Subject to the above limits, it is expected that the Fund will generally invest in the range of 0 - 20% if its Net Asset Value in total return swaps and Securities Financing Transactions.

##### RISK FACTORS AND SPECIAL CONSIDERATIONS
Investors’ attention is drawn to the risk factors and other special considerations which may affect the Fund as set out under “Risk factors and special considerations” in the Prospectus. This does not purport to be an exhaustive list of the risk factors relating to investment in the Fund and investors’ attention is drawn to the description of the instruments set out in the section entitled “Investment Objective and Policies” above.

##### DISTRIBUTION POLICY
As more particularly described under “The Shares” in the Prospectus and in the section of the Supplement entitled “Classes of Shares”, Distributing Share Classes may differ in terms of their distribution frequency. Distributing Share Classes may distribute monthly, quarterly, semi-annually or annually as determined at the launch of the relevant Share Class. The distribution frequency of Share Classes are set out in the table below:
| Frequency of Distribution | Dates of Distribution Declaration |
| --- | --- |
| Accumulating Share Classes |
| Not applicable | Not applicable |
| Distributing Share Classes |

| Frequency of Distribution | Dates of Distribution Declaration |
| --- | --- |
| Monthly | Monthly, normally on the fifteenth day of each month unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Quarterly | Quarterly, normally on 15 January, 15 April, 15 July and 15 October unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Semi-annually | Semi-annually, normally on 15 April and 15 October unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Annually | Annually, normally on 15 October unless it is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned date. |


##### TRADE CUT-OFF AND SETTLEMENT TIMES
Subscription orders for Shares received and accepted by or on behalf of the Transfer Agent or the Company and/or the Manager prior to the Trade Cut-Off Times on a Business Day specified in the tables below will be processed at the offering price determined on that Business Day. Subscription orders to subscribe for Shares received by or on behalf of the Transfer Agent or the Company and/or the Manager after the Trade Cut-Off Time on the relevant Business Day will be processed at the offering price determined on the next Business Day. If payment for subscription orders is not received by the relevant Settlement Time, a subscription may be cancelled or the Shareholder may be charged interest on the outstanding subscription monies at normal commercial rates. In such an event, the Distribution Agent or the Shareholder may be held liable for any loss to the Fund.
Processing of redemption orders is subject to receipt and acceptance by or on behalf of the Transfer Agent or the Company and/or the Manager of a valid redemption order. Subject to the provisions set out under “Limitations on Redemptions” in the Prospectus, redemption orders received and accepted by or on behalf of the Transfer Agent or by the Company and/or the Manager prior to the Trade Cut-Off Time on a Business Day will be processed at the net asset value per Share determined on that Business Day.
| Subscription | Trade cut-off Time | Settlement Time |
| --- | --- | --- |
| Subscriptions (other than Class Z Shares) | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |
| Subscriptions made directly to the Transfer Agent by Qualifying Institutional Investors/Class Z Shares | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | 3:30pm, London time on T |
| Redemption | Trade cut-off Time | Settlement Time |

| All Redemptions | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |
| --- | --- | --- |


##### THE SUB-INVESTMENT ADVISER
The Manager has appointed JCIL to be the Company’s investment adviser. As at the date of this Supplement, JCIL has delegated to JCM, HGIL and Kapstream responsibility for providing discretionary investment management and advisory services in respect of the whole or part of the assets of the Fund.

##### FEES AND EXPENSES
Details of the fees and expenses attaching to an investment in a Fund (including initial sales charges, CDSCs, dilution adjustment, investment management fees and distribution fees) are set out in the section entitled “Fees and Expenses” in the Prospectus and a summary of which is set out below. The Fees and Expenses to Capital Share Classes may charge certain fees and expenses to capital rather than income.
| Fee Type | Class A Shares | Class B Shares | Class E Shares | Class G Shares | Class H Shares | Class I Shares | Class S Shares | Class V Shares | Class Z Shares |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Initial Sales Charge | Up to 5.00% of the amount subscribed | N/A | Up to 1.00% of the amount subscribed | N/A | N/A | Up to 2.00% of the amount subscribed | Up to 2.00% of the amount subscribed | N/A | N/A |
| CDSC < 1 year since purchase 1-2 years 2-3 years 3-4 years >4 years since purchase | N/A | 4% 3% 2% 1% 0% | N/A | N/A | N/A | N/A | N/A | 3% 2% 1% 0% - | N/A |
| Shareholder Service Fees | Up to 0.25% of net asset value | Up to 0.75% of net asset value | Up to 1.00% of net asset value | N/A | N/A | N/A | N/A | Up to 0.75% of net asset value | N/A |
| Distribution Fees | N/A | Up to 1.00% of net asset value | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investment Management Fee | Up to 0.65% of net asset value. | Up to 0.65% of net asset value. | Up to 0.65% of net asset value. | Up to 0.60% of net asset value. | Up to 0.60% of net asset value. | Up to 0.55% of net asset value. | Up to 0.55% of net asset value. | Up to 0.65% of net asset value. | See Prospectus |
| Performance Fee | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Fee and Expenses Cap | 1.25% of net asset value | N/A | 1.90% of net asset value | 0.55% of net asset value | 0.55% of net asset value | 0.70% of net asset value | 0.55% of net asset value | N/A | See Prospectus |


##### DILUTION ADJUSTMENT
A dilution adjustment may be applied to the Net Asset Value per Share of the Fund on a dealing day (i) if net subscriptions or redemptions exceed a pre-determined threshold relating to the Fund’s Net Asset Value (where such a threshold has been pre-determined for the Fund from time to time by the Manager) or (ii) in any other cases where there are net subscriptions or redemptions in the Fund and the Manager or its delegate reasonably believes that imposing a dilution adjustment is in the best interests of existing Shareholders.

##### CLASSES OF SHARES
As more particularly described in the Prospectus under “The Shares”, the Company offers 11 Classes of Shares with various distribution policies, distribution frequencies, hedging policies and currencies in each Class. The name of each Class of Shares offered by the Company enables Shareholders to identify the distribution policy, distribution frequency, hedging policy and currency of a Class by reference to sub- classifications. The table below sets out details of the Classes of Shares in the Fund approved by the Central Bank, and the Classes which are available for purchase as at the date of this Supplement.
Where a Class of Shares in any Fund has not previously been issued or is being re-offered, then initial subscriptions for such Shares will be accepted: (i) on such date(s) to be determined by the Manager and notified in advance to the Central Bank; and (ii) the initial offer price and re-offer price as set out in the Prospectus under “Initial offers of share classes”. Alternatively, in the case of a Fund which already has one or more Classes of Shares in issue, the initial offer price per Share for subsequent Classes of Shares issued in respect of that Fund may be the net asset value per Share of such other Class of Shares of that Fund as may be determined by the Manager and notified in advance to the Central Bank and potential Shareholders.
| SHARE CLASSES approved by the Central Bank as at the date of this Supplement |  |
| --- | --- |
| US Dollar Classes | Euro Classes | Pound Sterling Classes | Hong Kong Dollar Classes | Australia Dollar Classes | Swiss Franc Classes | Canadian Dollar Classes | Renminbi (CNH) Classes | Swedish Kronor Classes | New Zealand dollar Classes | Singapore Dollar Classes | Norwegian Krone Classes |
| A2 USD B2 USD E2 USD I2 USD S2 USD H2 USD G2 USD V2 USD Z2 USD A3 USD A3s USD A3q USD A3m USD A4q USD A4m USD A5m USD H3 USD G3 USD | A2 HEUR B2 HEUR E2 HEUR I2 HEUR S2 HEUR H2 HEUR G2 HEUR V2 HEUR Z2 EUR H3 HEUR H3m HEUR H3q HEUR | I2 HGBP I2 GBP S2 HGBP H2 HGBP H2 GBP G2 HGBP G2 GBP Z2 GBP Z2 HGBP | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF G2 HCHF Z2 CHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD A2 SGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD | A2 HNOK I2 HNOK Z2 HNOK H2 HNOK |

The initial offer period for the Class A2 HNOK, I2 HNOK, Z2 HNOK Shares of the Fund commenced at 9 am (Irish time) on 7 July 2020 and conclude at 4pm (New York time) on 7 January 2021 or such other dates as the Manager may determine and notify in advance to the Central Bank.

###### Supplement for the

###### Janus Henderson Absolute Return Income Fund (EUR)
The date of this Supplement is 30 June 2021.

###### This Supplement contains information specific to the Janus Henderson Absolute Return Income Fund EUR (the “Fund”), a sub-fund of Janus Henderson Capital Funds plc (the “Company”). The Company is a UCITS established as an umbrella investment company with segregated liability between Funds with variable capital incorporated in Ireland and regulated by the Central Bank.

###### This Supplement forms part of and should be read in conjunction with the latest Prospectus. The Prospectus may be revised or supplemented from time to time. All capitalised terms used in this Supplement and not otherwise defined herein shall have the meanings set forth in the Prospectus.

##### SUMMARY

###### The information set out under this heading is a summary of the principal features of the Fund, and should be read in conjunction with the full text of this Supplement.
| Classes of Shares | Details of the Classes of Shares are set out in the section below entitled “Classes of Shares”. |
| --- | --- |
| Investors should note that, as at the date of this Supplement, only certain Classes of Shares of the Fund are currently available for purchase. Furthermore, not all Classes of Shares are available in all jurisdictions and investors are requested to contact the relevant Distribution Agent for a list of Classes of Shares available to them. |
| Frequency of Subscriptions, Redemptions and Exchanges | Unless otherwise determined by the Directors and/or the Manager, subscriptions for and redemptions and exchanges of Shares may be made on any Business Day subject to the procedures described in the sections of the Prospectus entitled “How to Purchase Shares”, “How to Redeem Shares” and “How to Exchange or Transfer Shares”. |
| Minimum Subscriptions | The minimum initial and subsequent subscriptions applicable to each Class within the Fund are set out in the section entitled “How to purchase shares” in the Prospectus. |
| Suitability of Classes | Suitability of Classes and eligibility of investors for particular Classes are described in the section entitled “The Shares” in the Prospectus. |
| Base Currency | Euro |


##### INVESTMENT OBJECTIVE AND POLICIES
The Fund’s investment objective is to seek positive, consistent returns above those that would be earned on cash-equivalent investments (i.e. investments that can readily be converted into cash, for example treasury bills). The Fund seeks to provide long-term positive returns through various market environments (i.e. the typical cyclical expansion and contraction periods of the Business Cycle and the ensuing increasing and decreasing of interest rate levels due to market forces or central bank intervention). The Fund pursues this objective by investing at least 80% of its net asset value in Debt Securities located anywhere in the world (including Developing Markets) rated investment grade, below investment grade or unrated Debt Securities of similar quality to below investment grade as determined by the Investment Adviser or the Sub-Investment Adviser, or financial derivative instruments.
Although the Fund may invest up to 15% of net asset value in Debt Securities rated below investment grade it will not invest in Debt Securities rated below B- by Standard & Poor’s or Fitch or B3 by Moody’s (see Appendix 3 of the Prospectus) or if unrated, deemed to be of comparable quality by the Investment Adviser or Sub-
Investment Adviser. Typical investments in which the Fund may invest include, but are not limited to, corporate credit, Government Securities, mortgage-backed securities, asset-backed securities, emerging market securities and high yield securities. The mortgage-backed and asset-backed securities in which the Fund may invest will not contain embedded derivatives and/or leverage. The mortgage-backed, asset-backed and credit linked note securities in which the Fund may invest will be rated investment grade or if unrated, deemed to be of comparable quality by the Investment Adviser or Sub-Investment Adviser. No more than 1% of the net asset value of the Fund may be invested in subordinated securities issued by the same issuer. The Fund has no pre-established maturity standards, but the weighted average maturity of the portfolio as a whole is expected to be below five years and it may have negative duration.
Performance target: To outperform the Bloomberg Barclays Euro Treasury Bills 0-3 Index by at least 2% per annum, before the deduction of charges, over any 5 year period.
The Fund is Actively Managed with reference to the Bloomberg Barclays Euro Treasury Bills 0-3 Index as this forms the basis of the Fund's performance target. The Sub-Investment Adviser has a high degree of freedom to choose individual investments for the Fund. Details of the Fund’s performance are available in the annual reports and semi-annual reports, the marketing materials and in the KIID. There is no guarantee that the Fund’s performance will match or exceed that benchmark.
The Sub-Investment Adviser constructs a portfolio around a core of shorter maturity, global investment grade securities seeking to generate yield above cash, and by applying secular and opportunistic views across countries, currencies and sectors to enhance return and mitigate downside risk. The Sub-Investment Adviser will seek to manage the portfolio through the various market environments using a variety of strategies, including (but not limited to) adjusting the overall credit exposure, credit quality, and interest rate duration of the portfolio and the allocation to cash.
The Fund will make significant use of financial derivative instruments. The market risk of the Fund will be measured using the VaR methodology. The absolute VaR of the Fund will not exceed 14.1% of the Fund’s Net Asset Value. It is expected that under normal market conditions, the Fund’s leverage, as calculated using the sum of the notionals of the derivatives held by the Fund (the “Notionals Approach”), will be less than 300% of the Fund’s Net Asset Value, and is expected to typically range from 150% to 200% of the Fund’s Net Asset Value. Under exceptional circumstances, it is expected that the Fund may be leveraged up to 400% (using the Notionals Approach) of the Fund’s Net Asset Value. Exceptional circumstances may include periods characterised by (i) lack of liquidity, particularly in securities listed, traded or dealt on a Regulated Market, causing the Sub-Investment Adviser to seek exposure in derivatives markets; (ii) volatility where the Sub- Investment Adviser seeks to hedge or be opportunistic while respecting the investment policies and restrictions applicable to the Fund; or (iii) imperfect correlations and unanticipated market conditions. If the Fund uses a high amount of leverage, especially the higher amount permitted in exceptional circumstances, it may have greater losses that would have occurred absent the high leverage. The leverage figure is calculated using the Notional Approach as is required by the UCITS Regulations. The notional value of the investments varies significantly from their market value which is why the leverage limits are high. These leverage limits do not take into account any netting and hedging arrangements that the Fund may have in place at any time even though these netting and hedging arrangements are used for risk reduction purposes.

###### Due to its exposure to Developing Markets and below-investment grade securities, an investment in the Fund should not constitute a substantial proportion of an investment portfolio and may not be appropriate for all investors.
Subject to the investment policies set forth herein, the Fund may invest in a wide variety of income producing Government Securities and Debt Securities, Indexed/Structured Securities, mortgage-and asset-backed securities issued or guaranteed by any OECD government, its agencies or instrumentalities or by a private issuer, zero coupon, pay-in-kind (i.e., bonds which may pay interest in the form of additional bonds of the same kind) and Step Coupon Securities, preference shares and income-producing equities, REITs, convertible bonds i.e. Debt Securities that carry with them the right to acquire equities as evidenced by warrants attached to or acquired with such securities, or Debt Securities convertible into equities. Subject to the investment policies set forth herein, the Fund may invest in equities and other equity securities (such as securities convertible into equities). The Fund may invest directly or indirectly (i.e. through depositary receipts including American Depositary Receipts, European Depositary Receipts and Global Depositary Receipts) in the relevant markets. In addition the Fund may purchase participations in or assignments of floating rate mortgages or
other commercial loans that are liquid and will provide for interest rate adjustments at least every 397 days and which may be secured by real estate or other assets. These participations may be interests in, or assignments of, the loan and may be acquired from banks or brokers that have made the loan or members of the lending syndicate. Such participations will not exceed 10% of the net asset value of the Fund in the aggregate.
The Fund may invest in Debt Securities rated B- or higher by Standard & Poor’s or Fitch or B3 by Moody’s (see Appendix 3 of the Prospectus) subject to a limit of up to 15% of net asset value in Debt Securities or preference shares rated below investment grade but above B- (by Standard & Poors or Fitch and B3 by Moody’s). The Fund may also purchase defaulted securities if, in the opinion of the relevant Sub-Investment Adviser, it appears likely that the issuer may resume interest payments or other advantageous developments appear likely in the near term.
The Fund may invest up to 5% of its net asset value in the securities of other Eligible Collective Investment Schemes. Such investment includes investing in other Funds. However the Fund may not invest in another Fund which itself holds Shares in other Funds. Where the Fund invests in another Fund, the Fund may not charge an annual management and/or investment management fee in respect of the portion of its assets invested in the other Fund.
The Fund may invest in financial derivative instruments for efficient portfolio management purposes. The Fund’s investment in financial derivative instruments will be subject to the limits set out within the Fund’s investment policy and the conditions and limits from time to time laid down by the Central Bank. There will be circumstances in which the Fund will be leveraged in using financial derivative instruments. The Fund is permitted to invest up to 100% of its net asset value in financial derivative instruments for investment purposes. The market risk of the Fund is measured using the VaR methodology, the Fund’s leverage is calculated using the sum of the notionals of the derivatives held by the Fund. However, Shareholders should note that, given the nature of financial derivative instruments and the fact that such instruments may be traded on margin, a relatively small adverse price movement in the underlying of a given financial derivative instrument may result in immediate and substantial movements in the exposure a Fund to that financial derivative instrument. In the event that any of the financial derivative instruments related exposure limits are exceeded for reasons beyond the control of the Fund, the Fund will remedy such situation as a priority, taking due account of the interests of its Shareholders.

##### USE OF TEMPORARY DEFENSIVE MEASURES
In certain circumstances, on a temporary and exceptional basis, when the Investment Adviser or Sub- Investment Adviser deems it to be in the best interests of Shareholders, the Fund may not adhere to its investment policies as disclosed above. For further information, see "Use of temporary defensive measures" in the Prospectus.

##### PROFILE OF A TYPICAL INVESTOR
The Fund is available to a wide range of investors seeking access to a portfolio managed in accordance with a specific investment objective and policy.
A potential investor should choose the Class that best suits such investor’s needs. When choosing a Class, potential investors should consider the following:
- How much the investor plans to invest;
- How long the investor expects to own the Shares;
- The expenses paid in respect of each Class;
- Whether the investor qualifies for any reduction or waiver of sales charges; and
- The currency of the share class.


##### INVESTMENT RESTRICTIONS
The Fund’s investments will be limited to investments permitted by the UCITS Regulations and other applicable restrictions as set out in Appendix 4 to the Prospectus.

##### USE	OF	INVESTMENT	TECHNIQUES	AND	INSTRUMENTS	AND	FINANCIAL	DERIVATIVE INSTRUMENTS
Subject to the ability of the Fund to invest in financial derivative instruments for investment purposes, as set out under “Investment Objective and Policies” above, the Sub-Investment Adviser may only employ investment techniques and instruments, such as trading in futures, options and swaps and other financial derivative instruments for efficient portfolio management (i.e. reduction of risk, reduction of costs, generation of additional capital or income for the Fund) and the Sub-Investment Adviser is required to comply with the conditions and limits from time to time laid down by the Central Bank. Further information is set out under “Use of Investment Techniques and Instruments and Financial Derivatives Instruments” and “Types and description of financial derivative instruments” in the Prospectus.
The Fund will utilise the VaR approach to calculation of global exposure. The VaR method will be used by the Fund to assist in qualitatively assessing and monitoring the Fund’s risk.

##### SECURITIES FINANCING TRANSACTIONS REGULATION
As more particularly described under “Securities Financing Transactions Regulation” in the Prospectus, subject to the investment restrictions set out in Appendix 4 to the Prospectus and any investment restriction set out in the section of the Supplement entitled “Investment Objective and Policies”: (a) with respect to permitted investments in total return swaps, the Fund can invest a maximum of 100% of its Net Asset Value; and (b) the Fund can invest a maximum of 100% of its Net Asset Value in Securities Financing Transactions. Subject to the above limits, it is expected that the Fund will generally invest in the range of 0 - 20% if its Net Asset Value in total return swaps and Securities Financing Transactions.

##### RISK FACTORS AND SPECIAL CONSIDERATIONS
Investors’ attention is drawn to the risk factors and other special considerations which may affect the Fund as set out under “Risk factors and special considerations” in the Prospectus. This does not purport to be an exhaustive list of the risk factors relating to investment in the Fund and investors’ attention is drawn to the description of the instruments set out in the section entitled “Investment Objective and Policies” above.

##### DISTRIBUTION POLICY
As more particularly described under “The Shares” in the Prospectus and in the section of the Supplement entitled “Classes of Shares”, Distributing Share Classes may differ in terms of their distribution frequency. Distributing Share Classes may distribute monthly, quarterly, semi-annually or annually as determined at the launch of the relevant Share Class. The distribution frequency of Share Classes are set out in the table below:
| Frequency of Distribution | Dates of Distribution Declaration |
| --- | --- |
| Accumulating Share Classes |
| Not applicable | Not applicable |
| Distributing Share Classes |
| Monthly | Monthly, normally on the fifteenth day of each month unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Quarterly | Quarterly, normally on 15 January, 15 April, 15 July and 15 October unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |

| Frequency of Distribution | Dates of Distribution Declaration |
| --- | --- |
|  |  |
| Semi-annually | Semi-annually, normally on 15 April and 15 October unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Annually | Annually, normally on 15 October unless it is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned date. |


##### TRADE CUT-OFF AND SETTLEMENT TIMES
Subscription orders for Shares received and accepted by or on behalf of the Transfer Agent or the Company and/or the Manager prior to the Trade Cut-Off Times on a Business Day specified in the tables below will be processed at the offering price determined on that Business Day. Subscription orders to subscribe for Shares received by or on behalf of the Transfer Agent or the Company and/or the Manager after the Trade Cut-Off Time on the relevant Business Day will be processed at the offering price determined on the next Business Day. If payment for subscription orders is not received by the relevant Settlement Time, a subscription may be cancelled or the Shareholder may be charged interest on the outstanding subscription monies at normal commercial rates. In such an event, the Distribution Agent or the Shareholder may be held liable for any loss to the Fund.
Processing of redemption orders is subject to receipt and acceptance by or on behalf of the Transfer Agent or the Company and/or the Manager of a valid redemption order. Subject to the provisions set out under “Limitations on Redemptions” in the Prospectus, redemption orders received and accepted by or on behalf of the Transfer Agent or by the Company and/or the Manager prior to the Trade Cut-Off Time on a Business Day will be processed at the net asset value per Share determined on that Business Day.
| Subscription | Trade cut-off Time | Settlement Time |
| --- | --- | --- |
| Subscriptions (other than Class Z Shares) | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |
| Subscriptions made directly to the Transfer Agent by Qualifying Institutional Investors/Class Z Shares | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | 3:30pm, London time on T |
| Redemption | Trade cut-off Time | Settlement Time |
| All Redemptions | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |


##### THE SUB-INVESTMENT ADVISER
The Manager has appointed JCIL to be the Company’s investment adviser. As at the date of this Supplement, JCIL has delegated to JCM, HGIL and Kapstream responsibility for providing discretionary investment management and advisory services in respect of the whole or part of the assets of the Fund.

##### FEES AND EXPENSES
Details of the fees and expenses attaching to an investment in a Fund (including initial sales charges, CDSCs, dilution adjustment, investment management fees and distribution fees) are set out in the section entitled “Fees and Expenses” in the Prospectus and a summary of which is set out below. The Fees and Expenses to Capital Share Classes may charge certain fees and expenses to capital rather than income.
| Fee Type | Class A Shares | Class B Shares | Class E Shares | Class G Shares | Class H Shares | Class I Shares | Class S Shares | Class V Shares | Class Z Shares |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Initial Sales Charge | Up to 5.00% of the amount subscribed | N/A | Up to 1.00% of the amount subscribed | N/A | N/A | Up to 2.00% of the amount subscribed | Up to 2.00% of the amount subscribed | N/A | N/A |
| CDSC < 1 year since purchase 1-2 years 2-3 years 3-4 years >4 years since purchase | N/A | 4% 3% 2% 1% 0% | N/A | N/A | N/A | N/A | N/A | 3% 2% 1% 0% - | N/A |
| Shareholder Service Fees | Up to 0.25% of net asset value | Up to 0.75% of net asset value | Up to 1.00% of net asset value | N/A | N/A | N/A | N/A | Up to 0.75% of net asset value | N/A |
| Distribution Fees | N/A | Up to 1.00% of net asset value | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investment Management Fee | Up to 0.65% of net asset value. | Up to 0.65% of net asset value. | Up to 0.65% of net asset value. | Up to 0.60% of net asset value. | Up to 0.60% of net asset value. | Up to 0.55% of net asset value. | Up to 0.55% of net asset value. | Up to 0.65% of net asset value. | See Prospectus |
| Performance Fee | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Fee and Expenses Cap | 1.25% of net asset value | N/A | 1.90% of net asset value | 0.55% of net asset value | 0.55% of net asset value | 0.70% of net asset value | 0.55% of net asset value | N/A | See Prospectus |


##### DILUTION ADJUSTMENT
A dilution adjustment may be applied to the Net Asset Value per Share of the Fund on a dealing day (i) if net subscriptions or redemptions exceed a pre-determined threshold relating to the Fund’s Net Asset Value (where such a threshold has been pre-determined for the Fund from time to time by the Manager) or (ii) in any other cases where there are net subscriptions or redemptions in the Fund and the Manager or its delegate reasonably believes that imposing a dilution adjustment is in the best interests of existing Shareholders.

##### CLASSES OF SHARES
As more particularly described in the Prospectus under “The Shares”, the Company offers 11 Classes of Shares with various distribution policies, distribution frequencies, hedging policies and currencies in each Class. The name of each Class of Shares offered by the Company enables Shareholders to identify the distribution policy, distribution frequency, hedging policy and currency of a Class by reference to sub- classifications. The table below sets out details of the Classes of Shares in the Fund approved by the Central Bank, and the Classes which are available for purchase as at the date of this Supplement.
Where a Class of Shares in any Fund has not previously been issued or is being re-offered, then initial subscriptions for such Shares will be accepted: (i) on such date(s) to be determined by the Manager and notified in advance to the Central Bank; and (ii) the initial offer price and re-offer price as set out in the Prospectus under “Initial offers of share classes”. Alternatively, in the case of a Fund which already has one
or more Classes of Shares in issue, the initial offer price per Share for subsequent Classes of Shares issued in respect of that Fund may be the net asset value per Share of such other Class of Shares of that Fund as may be determined by the Manager and notified in advance to the Central Bank and potential Shareholders.
| SHARE CLASSES approved by the Central Bank as at the date of this Supplement |
| --- |
| US Dollar Classes | Euro Classes | Pound Sterling Classes | Hong Kong Dollar Classes | Australia Dollar Classes | Swiss Franc Classes | Canadian Dollar Classes | Renminbi (CNH) Classes | Swedish Kronor Classes | New Zealand dollar Classes | Singapore Dollar Classes | Norwegian Krone Classes |
|  | A2 EUR B2 EUR E2 EUR I2 EUR S2 EUR H2 EUR G2 EUR V2 EUR Z2 EUR A3 EUR A3s EUR A3q EUR A3m EUR A4q EUR A4m EUR A5m EUR H3 EUR H3m EUR H3q EUR | I2 HGBP I2 GBP S2 HGBP H2 GBP H2 HGBP G2 HGBP G2 GBP Z2 GBP Z2 HGBP | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF G2 HCHF Z2 CHF H3 HCHF H3q HCHF H3m HCHF G3 HCHF G3q HCHF G3m HCHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD | A2 HNOK I2 HNOK Z2 HNOK H2 HNOK |

The initial offer period for all Classes of Shares in the Fund
5 
commenced at 9 am (Irish time) on 7 July 2020 and conclude at 4pm (New York time) on 7 January 2021 or such other dates as the Manager may determine and notify in advance to the Central Bank.
5 Excluding the following Classes for which the initial offer period has closed: A2 EUR, I2 EUR, S2 EUR, U2 HCHF and U2 EUR.

###### Supplement for the

###### Janus Henderson Flexible Income Fund
The date of this Supplement is 26 February 2021.

###### This Supplement contains information specific to the Janus Henderson Flexible Income Fund (the “Fund”), a sub-fund of Janus Henderson Capital Funds plc (the “Company”). The Company is a UCITS established as an umbrella investment company with segregated liability between Funds with variable capital incorporated in Ireland and regulated by the Central Bank.

###### This Supplement forms part of and should be read in conjunction with the latest Prospectus. The Prospectus may be revised or supplemented from time to time. All capitalised terms used in this Supplement and not otherwise defined herein shall have the meanings set forth in the Prospectus.

##### SUMMARY

###### The information set out under this heading is a summary of the principal features of the Fund, and should be read in conjunction with the full text of this Supplement.
| Classes of Shares | Details of the Classes of Shares are set out in the section below entitled “Classes of Shares”. |
| --- | --- |
| Investors should note that, as at the date of this Supplement, only certain Classes of Shares of the Fund are currently available for purchase. Furthermore, not all Classes of Shares are available in all jurisdictions and investors are requested to contact the relevant Distribution Agent for a list of Classes of Shares available to them. |
| Frequency of Subscriptions, Redemptions and Exchanges | Unless otherwise determined by the Directors and/or the Manager, subscriptions for and redemptions and exchanges of Shares may be made on any Business Day subject to the procedures described in the sections of the Prospectus entitled “How to Purchase Shares”, “How to Redeem Shares” and “How to Exchange or Transfer Shares”. |
| Minimum Subscriptions | The minimum initial and subsequent subscriptions applicable to each Class within the Fund are set out in the section entitled “How to purchase shares” in the Prospectus. |
| Suitability of Classes | Suitability of Classes and eligibility of investors for particular Classes are described in the section entitled “The Shares” in the Prospectus. |
| Base Currency | US Dollar |


##### INVESTMENT OBJECTIVE AND POLICIES
The Fund’s investment objective is to obtain maximum total return, consistent with preservation of capital. Total return is expected to result from a combination of current income and capital appreciation, although income will normally be the dominant component of total return. the Fund pursues its objective by investing in income producing securities of US Issuers which will normally make up 80%, but at all times not less than 67% of the Fund’s net asset value. The aggregate amount of the Fund which may be invested in securities traded on the Developing Markets is 10% of the net asset value of the Fund
The Fund may invest in preference shares and all types of Government Securities and Debt Securities, including those specific Debt Securities that are convertible or exchangeable into equities (also known as company shares) and Debt Securities that carry with them the right to acquire equities as evidenced by warrants attached to or acquired with the securities. The Fund has no pre-established maturity or quality standards, and its average maturity and quality may vary substantially. The Fund may invest up to 35% of the net asset value in Debt Securities or preference shares rated below investment grade or unrated Debt Securities of similar quality as determined by the Sub-Investment Adviser.
The Fund may employ investment techniques and instruments for investment purposes, such as trading in futures, options and swaps and other financial derivative instruments, subject to a limit of up to 10% of its net asset value and subject to the conditions and within the limits from time to time laid down by the Central Bank.
Performance target: To outperform the Bloomberg Barclays US Aggregate Bond Index by 1.25% per annum, before the deduction of charges, over any 5 year period.
The Fund is Actively Managed with reference to the Bloomberg Barclays US Aggregate Bond Index, which is broadly representative of the bonds in which it may invest, as this forms the basis of the Fund's performance target. The Sub-Investment Adviser has discretion to choose investments for the Fund with weightings different to the index or not in the index, but at times the Fund may hold investments similar to the index. Details of the Fund’s performance are available in the annual reports and semi-annual reports, the marketing materials and in the KIID. There is no guarantee that the Fund’s performance will match or exceed that benchmark.
The Sub-Investment Adviser seeks to identify the best opportunities across fixed income markets using a bottom-up, fundamentally driven investment process. This approach rests on a belief that some companies have inherent strengths for creating shareholder values over time, have better prospects than their peer groups and should therefore outperform even in challenging industrial and economic circumstances. This approach drives decision making at a macro level, combined with informing risk and sector allocation decisions.
Subject to the investment policies set forth herein, the Fund may invest in a wide variety of income producing Government Securities and Debt Securities, Indexed/Structured Securities, mortgage-and asset-backed securities issued or guaranteed by any OECD government, its agencies or instrumentalities or by a private issuer, zero coupon, pay-in-kind (ie, bonds which may pay interest in the form of additional bonds of the same kind) and Step Coupon Securities, preference shares and income-producing equities, REITs, convertible bonds ie Debt Securities that carry with them the right to acquire equities as evidenced by warrants attached to or acquired with such securities, or Debt Securities convertible into equities. Subject to the investment policies set forth herein, the Fund may invest in equities and other equity securities (such as securities convertible into equities). The Fund may invest directly or indirectly (ie through depositary receipts including American Depositary Receipts, European Depositary Receipts and Global Depositary Receipts) in the relevant markets. In addition the Fund may purchase participations in or assignments of floating rate mortgages or other commercial loans that are liquid and will provide for interest rate adjustments at least every 397 days and which may be secured by real estate or other assets. These participations may be interests in, or assignments of, the loan and may be acquired from banks or brokers that have made the loan or members of the lending syndicate. Such participations will not exceed 10% of the net asset value of the Fund in the aggregate.
The Fund may invest up to 35% of its net asset value in Debt Securities and preference shares rated below investment grade. The Fund may also purchase defaulted securities if, in the opinion of the relevant Sub- Investment Adviser, it appears likely that the issuer may resume interest payments or other advantageous developments appear likely in the near term.
The Fund may invest up to 5% of its net asset value in the securities of other Eligible Collective Investment Schemes. Such investment includes investing in other Funds. However the Fund may not invest in another Fund which itself holds Shares in other Funds. Where the Fund invests in another Fund, the Fund may not charge an annual management and/or investment management fee in respect of the portion of its assets invested in the other Fund.
The Fund may invest in financial derivative instruments for efficient portfolio management purposes. The Fund’s investment in financial derivative instruments will be subject to the limits set out within the Fund’s investment policy and the conditions and limits from time to time laid down by the Central Bank. There will be circumstances in which the Fund will be leveraged in using financial derivative instruments. The Fund is permitted to invest up to 10% of its net asset value in financial derivative instruments for investment purposes. The maximum amount of leverage, when calculated using the commitment approach, which the Fund can create through the use of financial derivative instruments is 100% of the net asset value of the Fund. However, Shareholders should note that, given the nature of financial derivative instruments and the fact that such instruments may be traded on margin, a relatively small adverse price movement in the underlying of a given financial derivative instrument may result in immediate and substantial movements in the exposure a Fund to that financial derivative instrument. In the event that any of the financial derivative instruments related
exposure limits are exceeded for reasons beyond the control of the Fund, the Fund will remedy such situation as a priority, taking due account of the interests of its Shareholders.

##### USE OF TEMPORARY DEFENSIVE MEASURES
In certain circumstances, on a temporary and exceptional basis, when the Investment Adviser or Sub- Investment Adviser deems it to be in the best interests of Shareholders, the Fund may not adhere to its investment policies as disclosed above. For further information, see "Use of temporary defensive measures" in the Prospectus.

##### PROFILE OF A TYPICAL INVESTOR
The Fund is available to a wide range of investors seeking access to a portfolio managed in accordance with a specific investment objective and policy.
A potential investor should choose the Class that best suits such investor’s needs. When choosing a Class, potential investors should consider the following:
- How much the investor plans to invest;
- How long the investor expects to own the Shares;
- The expenses paid in respect of each Class;
- Whether the investor qualifies for any reduction or waiver of sales charges; and
- The currency of the share class.


##### INVESTMENT RESTRICTIONS
The Fund’s investments will be limited to investments permitted by the UCITS Regulations and other applicable restrictions as set out in Appendix 4 to the Prospectus.

##### USE	OF	INVESTMENT	TECHNIQUES	AND	INSTRUMENTS	AND	FINANCIAL	DERIVATIVE INSTRUMENTS
Subject to the ability of the Fund to invest in financial derivative instruments for investment purposes, as set out under “Investment Objective and Policies” above, the Sub-Investment Adviser may only employ investment techniques and instruments, such as trading in futures, options and swaps and other financial derivative instruments for efficient portfolio management (i.e. reduction of risk, reduction of costs, generation of additional capital or income for the Fund) and the Sub-Investment Adviser is required to comply with the conditions and limits from time to time laid down by the Central Bank. Further information is set out under “Use of Investment Techniques and Instruments and Financial Derivatives Instruments” and “Types and description of financial derivative instruments” in the Prospectus.
The primary method of calculation of global exposure for the Fund is the commitment approach method. However, the VaR model may be employed where there is a higher volume or more complex usage of derivative strategies or there is a change in the risk profile of the Fund.

##### SECURITIES FINANCING TRANSACTIONS REGULATION
As more particularly described under “Securities Financing Transactions Regulation” in the Prospectus, subject to the investment restrictions set out in Appendix 4 to the Prospectus and any investment restriction set out in the section of the Supplement entitled “Investment Objective and Policies”: (a) with respect to permitted investments in total return swaps, the Fund can invest a maximum of 10% of its Net Asset Value; and (b) the Fund can invest a maximum of 100% of its Net Asset Value in Securities Financing Transactions. Subject to the above limits, it is expected that the Fund will generally invest in the range of 0 - 20% if its Net Asset Value in total return swaps and Securities Financing Transactions.

##### RISK FACTORS AND SPECIAL CONSIDERATIONS
Investors’ attention is drawn to the risk factors and other special considerations which may affect the Fund as set out under “Risk factors and special considerations” in the Prospectus. This does not purport to be an
exhaustive list of the risk factors relating to investment in the Fund and investors’ attention is drawn to the description of the instruments set out in the section entitled “Investment Objective and Policies” above.

##### DISTRIBUTION POLICY
As more particularly described under “The Shares” in the Prospectus and in the section of the Supplement entitled “Classes of Shares”, Distributing Share Classes may differ in terms of their distribution frequency. Distributing Share Classes may distribute monthly, quarterly, semi-annually or annually as determined at the launch of the relevant Share Class. The distribution frequency of Share Classes are set out in the table below:
| Frequency of Distribution | Dates of Distribution Declaration |
| --- | --- |
| Accumulating Share Classes |
| Not applicable | Not applicable |
| Distributing Share Classes |
| Monthly | Monthly, normally on the fifteenth day of each month unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Quarterly | Quarterly, normally on 15 January, 15 April, 15 July and 15 October unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Semi-annually | Semi-annually, normally on 15 April and 15 October unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Annually | Annually, normally on 15 October unless it is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned date. |


##### TRADE CUT-OFF AND SETTLEMENT TIMES
Subscription orders for Shares received and accepted by or on behalf of the Transfer Agent or the Company and/or the Manager prior to the Trade Cut-Off Times on a Business Day specified in the tables below will be processed at the offering price determined on that Business Day. Subscription orders to subscribe for Shares received by or on behalf of the Transfer Agent or the Company and/or the Manager after the Trade Cut-Off Time on the relevant Business Day will be processed at the offering price determined on the next Business Day. If payment for subscription orders is not received by the relevant Settlement Time, a subscription may be cancelled or the Shareholder may be charged interest on the outstanding subscription monies at normal commercial rates. In such an event, the Distribution Agent or the Shareholder may be held liable for any loss to the Fund.
Processing of redemption orders is subject to receipt and acceptance by or on behalf of the Transfer Agent or the Company and/or the Manager of a valid redemption order. Subject to the provisions set out under “Limitations on Redemptions” in the Prospectus, redemption orders received and accepted by or on behalf of
the Transfer Agent or by the Company and/or the Manager prior to the Trade Cut-Off Time on a Business Day will be processed at the net asset value per Share determined on that Business Day.
| Subscription | Trade cut-off Time | Settlement Time |
| --- | --- | --- |
| Subscriptions (other than Class Z Shares) | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |
| Subscriptions made directly to the Transfer Agent by Qualifying Institutional Investors/Class Z Shares | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | 3:30pm, London time on T |
| Redemption | Trade cut-off Time | Settlement Time |
| All Redemptions | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |


##### THE SUB-INVESTMENT ADVISER
The Manager has appointed JCIL to be the Company’s investment adviser. As at the date of this Supplement, JCIL has delegated to JCM responsibility for providing discretionary investment management and advisory services in respect of the whole or part of the assets of the Fund.

##### FEES AND EXPENSES
Details of the fees and expenses attaching to an investment in a Fund (including initial sales charges, CDSCs, dilution adjustment, investment management fees and distribution fees) are set out in the section entitled “Fees and Expenses” in the Prospectus and a summary of which is set out below. The Fees and Expenses to Capital Share Classes may charge certain fees and expenses to capital rather than income.
| Fee Type | Class A Shares | Class B Shares | Class E Shares | Class G Shares | Class H Shares | Class I Shares | Class S Shares | Class V Shares | Class Z Shares |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Initial Sales Charge | Up to 5.00% of the amount subscribed | N/A | Up to 1.00% of the amount subscribed | N/A | N/A | Up to 2.00% of the amount subscribed | Up to 2.00% of the amount subscribed | N/A | N/A |
| CDSC < 1 year since purchase 1-2 years 2-3 years 3-4 years >4 years since purchase | N/A | 4% 3% 2% 1% 0% | N/A | N/A | N/A | N/A | N/A | 3% 2% 1% 0% - | N/A |
| Shareholder Service Fees | Up to 0.75% of net asset value | Up to 0.75% of net asset value | Up to 1.00% of net asset value | N/A | N/A | N/A | N/A | Up to 0.75% of net asset value | N/A |
| Distribution Fees | N/A | Up to 1.00% of net asset value | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investment Management Fee | Up to 1.00% of | Up to 1.00% of | Up to 1.00% of | Up to 0.60% of | Up to 0.60% of | Up to 0.55% of | Up to 0.55% of | Up to 1.00% of | See Prospectus |

| Fee Type | Class A Shares | Class B Shares | Class E Shares | Class G Shares | Class H Shares | Class I Shares | Class S Shares | Class V Shares | Class Z Shares |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  | net asset value. | net asset value. | net asset value. | net asset value. | net asset value. | net asset value. | net asset value. | net asset value. |  |
| Performance Fee | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Fee and Expenses Cap | 2.25% of net asset value | 3.25% of net asset value | 2.50% of net asset value | 0.85% of net asset value | 0.85% of net asset value | 0.80% of net asset value | 0.80% of net asset value | 2.25% of net asset value | See Prospectus |


##### DILUTION ADJUSTMENT
A dilution adjustment may be applied to the Net Asset Value per Share of the Fund on a dealing day (i) if net subscriptions or redemptions exceed a pre-determined threshold relating to the Fund’s Net Asset Value (where such a threshold has been pre-determined for the Fund from time to time by the Manager) or (ii) in any other cases where there are net subscriptions or redemptions in the Fund and the Manager or its delegate reasonably believes that imposing a dilution adjustment is in the best interests of existing Shareholders.

##### CLASSES OF SHARES
As more particularly described in the Prospectus under “The Shares”, the Company offers 11 Classes of Shares with various distribution policies, distribution frequencies, hedging policies and currencies in each Class. The name of each Class of Shares offered by the Company enables Shareholders to identify the distribution policy, distribution frequency, hedging policy and currency of a Class by reference to sub- classifications. The table below sets out details of the Classes of Shares in the Fund approved by the Central Bank, and the Classes which are available for purchase as at the date of this Supplement.
Where a Class of Shares in any Fund has not previously been issued or is being re-offered, then initial subscriptions for such Shares will be accepted: (i) on such date(s) to be determined by the Manager and notified in advance to the Central Bank; and (ii) the initial offer price and re-offer price as set out in the Prospectus under “Initial offers of share classes”. Alternatively, in the case of a Fund which already has one or more Classes of Shares in issue, the initial offer price per Share for subsequent Classes of Shares issued in respect of that Fund may be the net asset value per Share of such other Class of Shares of that Fund as may be determined by the Manager and notified in advance to the Central Bank and potential Shareholders.
| SHARE CLASSES approved by the Central Bank as at the date of this Supplement |
| --- |
| US Dollar Classes | Euro Classes | Pound Sterling Classes | Hong Kong Dollar Classes | Australia Dollar Classes | Swiss Franc Classes | Canadian Dollar Classes | Renminbi (CNH) Classes | Swedish Kronor Classes | New Zealand dollar Classes | Singapore Dollar |
| A2 USD B2 USD E2 USD I2 USD S2 USD H2 USD G2 USD V2 USD Z2 USD A3 m USD B1 m USD E3 m USD I1m USD H1 m USD V3 m USD A3 USD A3s USD A3q USD A4q USD A4m USD A5m USD I1 USD I3 USD I3s USD I3q USD I3m USD I4q USD I4m USD I5m USD H1 USD H3 USD H3s USD H3q USD H3m USD H4q USD H4m USD H5m USD G1 USD G3 USD G3s USD G3q USD G3m USD G4q USD G4m USD G5m USD E1 USD E3 USD E3s USD E3q USD E4q USD E4m USD E5m USD | A2 HEUR B2 HEUR E2 HEUR I2 HEUR S2 HEUR H2 HEUR G2 HEUR V2 HEUR Z2 EUR Z2 HEUR B1m HEUR E3m HEUR A3 HEUR A3s HEUR A3q HEUR A3m HEUR A4q HEUR A4m HEUR A5m HEUR I1 HEUR I3 HEUR I3s HEUR I3q HEUR I3m HEUR I4q HEUR I4m HEUR I5m HEUR H1 HEUR H3 HEUR H3s HEUR H3q HEUR H3m HEUR H4q HEUR H4m HEUR H5m HEUR G1 HEUR G3 HEUR G3s HEUR G3q HEUR G3m HEUR G4q HEUR G4m HEUR G5m HEUR E1 HEUR E3 HEUR E3s HEUR E3q HEUR E4q HEUR E4m HEUR E5m HEUR A2 EUR A3m EUR I2 EUR I3m EUR H2 EUR H3m EUR G2 EUR G3m EUR | I2 HGBP I2 GBP H2 HGBP G2 HGBP G2 GBP S2 HGBP H2 GBP Z2 GBP Z2 HGBP H1 HGBP H3 HGBP H3s HGBP H3q HGBP H3m HGBP H4q HGBP H4m HGBP H5m HGBP G1 HGBP G3 HGBP G3s HGBP G3q HGBP G3m HGBP G4q HGBP G4m HGBP G5m HGBP I1 HGBP I3 HGBP I3s HGBP I3q HGBP I3m HGBP I4q HGBP I4m HGBP I5m HGBP | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD A3 m HKD A3 HKD A3s HKD A3q HKD A4q HKD A4m HKD A5m HKD I1 HKD I3 HKD I3s HKD I3q HKD I3m HKD I4q HKD I4m HKD I5m HKD H1 HKD H3 HKD H3s HKD H3q HKD H3m HKD H4q HKD H4m HKD H5m HKD G1 HKD G3 HKD G3s HKD G3q HKD G3m HKD G4q HKD G4m HKD G5m HKD E1 HKD E3 HKD E3s HKD E3q HKD E3m HKD E4q HKD E4m HKD E5m HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD A3 m HAUD V3 m HAUD A3 HAUD A3s HAUD A3q HAUD A4q HAUD A4m HAUD A5m HAUD I1 HAUD I3 HAUD I3s HAUD I3q HAUD I3m HAUD I4q HAUD I4m HAUD I5m HAUD H1 HAUD H3 HAUD H3s HAUD H3q HAUD H3m HAUD H4q HAUD H4m HAUD H5m HAUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF G2 HCHF Z2 CHF A3 HCHF A3s HCHF A3q HCHF A3m HCHF A4q HCHF A4m HCHF A5m HCHF I1 HCHF I3 HCHF I3s HCHF I3q HCHF I3m HCHF I4q HCHF I4m HCHF I5m HCHF H1 HCHF H3 HCHF H3s HCHF H3q HCHF H3m HCHF H4q HCHF H4m HCHF H5m HCHF G1 HCHF G3 HCHF G3s HCHF G3q HCHF G3m HCHF G4q HCHF G4m HCHF G5m HCHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH A5m HCNH A3 HCNH A3s HCNH A3q HCNH A3m HCNH A4q HCNH A4m HCNH A5m HCNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD A3 HSGD A3s HSGD A3q HSGD A3m HSGD A4q HSGD A4m HSGD A5m HSGD A3 SGD A3s SGD A3q SGD A3m SGD A4q SGD A4m SGD A5m SGD I1 HSGD I3 HSGD I3s HSGD I3q HSGD I3m HSGD I4q HSGD I4m HSGD I5m HSGD I1 SGD I3 SGD I3s SGD I3q SGD I3m SGD I4q SGD I4m SGD I5m SGD |


###### Supplement for the

###### Janus Henderson Global Flexible Income Fund6
The date of this Supplement is 26 February 2021.

###### This Supplement contains information specific to the Janus Henderson Global Flexible Income Fund (the “Fund”), a sub-fund of Janus Henderson Capital Funds plc (the “Company”). The Company is a UCITS established as an umbrella investment company with segregated liability between Funds with variable capital incorporated in Ireland and regulated by the Central Bank.

###### This Supplement forms part of and should be read in conjunction with the latest Prospectus. The Prospectus may be revised or supplemented from time to time. All capitalised terms used in this Supplement and not otherwise defined herein shall have the meanings set forth in the Prospectus.

##### SUMMARY

###### The information set out under this heading is a summary of the principal features of the Fund, and should be read in conjunction with the full text of this Supplement.
| Classes of Shares | This Fund is closed to new subscriptions (including exchanges into the Fund), and is in the process of being terminated. |
| --- | --- |
| Not applicable. |
| Frequency of Subscriptions, Redemptions and Exchanges | Not applicable. |
| Minimum Subscriptions | Not applicable. |
| Suitability of Classes | Not applicable. |
| Base Currency | US Dollar |


##### INVESTMENT OBJECTIVE AND POLICIES
The Fund's investment objective is to seek total return, consistent with preservation of capital. Total return is expected to result from a combination of current income and capital appreciation, although income will normally be the dominant component of total return. Investments in income producing securities of issuers located anywhere in the world, including issuers located in Developing Markets, will normally make up at least 80% of the net asset value of the Fund. The Fund may invest in preferred stock, and all types of Government Securities and Debt Securities, including specifically Debt Securities that are convertible or exchangeable into equity securities and Debt Securities that carry with them the right to acquire equity securities as evidenced by warrants attached to or acquired with the securities. (The convertible securities in which the Fund may invest will not contain embedded derivatives.) The Fund has no pre-established maturity or quality standards, and its average maturity and quality may vary substantially. The Fund may invest without limit in Debt Securities or preferred stock rated below investment grade or unrated Debt Securities of similar quality as determined by the relevant Sub- Investment Adviser and may have substantial holdings in such securities. The Fund may employ investment techniques and instruments, such as trading in futures, options and swaps and other financial derivative instruments for efficient portfolio management (ie reduction of risk, reduction of costs, generation of additional capital or income for the Fund) or for investment purposes as described in the “Types and Description of Financial Derivative Instruments” section herein, subject to the conditions and within the limits from time to time laid down by the Central Bank. Due to its exposure to below investment grade
6 
This Fund is closed to new subscriptions (including exchanges into the Fund), and is in the process of being terminated.

###### securities and Developing Markets, an investment in the Fund should not constitute a substantial proportion of an investment portfolio and may not be appropriate for all investors.
Subject to the investment policies set forth herein, the Fund may invest in a wide variety of income producing Government Securities and Debt Securities, Indexed/Structured Securities, mortgage-and asset-backed securities issued or guaranteed by any OECD government, its agencies or instrumentalities or by a private issuer, zero coupon, pay-in-kind (ie, bonds which may pay interest in the form of additional bonds of the same kind) and Step Coupon Securities, preference shares and income-producing equities, REITs, convertible bonds ie Debt Securities that carry with them the right to acquire equities as evidenced by warrants attached to or acquired with such securities, or Debt Securities convertible into equities. Subject to the investment policies set forth herein, the Fund may invest in equities and other equity securities (such as securities convertible into equities). The Fund may invest directly or indirectly (ie through depositary receipts including American Depositary Receipts, European Depositary Receipts and Global Depositary Receipts) in the relevant markets. In addition the Fund may purchase participations in or assignments of floating rate mortgages or other commercial loans that are liquid and will provide for interest rate adjustments at least every 397 days and which may be secured by real estate or other assets. These participations may be interests in, or assignments of, the loan and may be acquired from banks or brokers that have made the loan or members of the lending syndicate. Such participations will not exceed 10% of the net asset value of the Fund in the aggregate.
Subject to the investment policies set forth herein, the Fund may invest without limit in Debt Securities and preferred stock rated below investment grade. The Fund may also purchase defaulted securities if, in the opinion of the relevant Sub-Investment Adviser, it appears likely that the issuer may resume interest payments or other advantageous developments appear likely in the near term.
The Fund may invest up to 5% of its net asset value in the securities of other Eligible Collective Investment Schemes. Such investment includes investing in other Funds. However the Fund may not invest in another Fund which itself holds Shares in other Funds. Where the Fund invests in another Fund, the Fund may not charge an annual management and/or investment management fee in respect of the portion of its assets invested in the other Fund.
The Fund may invest in financial derivative instruments for efficient portfolio management purposes. The Fund’s investment in financial derivative instruments will be subject to the limits set out within the Fund’s investment policy and the conditions and limits from time to time laid down by the Central Bank. There will be circumstances in which the Fund will be leveraged in using financial derivative instruments. The Fund is permitted to invest up to 100% of its net asset value in financial derivative instruments for investment purposes. The maximum amount of leverage, when calculated using the commitment approach, which the Fund can create through the use of financial derivative instruments is 100% of the net asset value of the Fund. However, Shareholders should note that, given the nature of financial derivative instruments and the fact that such instruments may be traded on margin, a relatively small adverse price movement in the underlying of a given financial derivative instrument may result in immediate and substantial movements in the exposure a Fund to that financial derivative instrument. In the event that any of the financial derivative instruments related exposure limits are exceeded for reasons beyond the control of the Fund, the Fund will remedy such situation as a priority, taking due account of the interests of its Shareholders.

##### USE OF TEMPORARY DEFENSIVE MEASURES
In certain circumstances, on a temporary and exceptional basis, when the Investment Adviser or Sub- Investment Adviser deems it to be in the best interests of Shareholders, the Fund may not adhere to its investment policies as disclosed above. For further information, see "Use of temporary defensive measures" in the Prospectus.

##### PROFILE OF A TYPICAL INVESTOR
The Fund is available to a wide range of investors seeking access to a portfolio managed in accordance with a specific investment objective and policy.
A potential investor should choose the Class that best suits such investor’s needs. When choosing a Class, potential investors should consider the following:
- How much the investor plans to invest;
- How long the investor expects to own the Shares;
- The expenses paid in respect of each Class;
- Whether the investor qualifies for any reduction or waiver of sales charges; and
- The currency of the share class.


##### INVESTMENT RESTRICTIONS
The Fund’s investments will be limited to investments permitted by the UCITS Regulations and other applicable restrictions as set out in Appendix 4 to the Prospectus.

##### USE	OF	INVESTMENT	TECHNIQUES	AND	INSTRUMENTS	AND	FINANCIAL	DERIVATIVE INSTRUMENTS
Subject to the ability of the Fund to invest in financial derivative instruments for investment purposes, as set out under “Investment Objective and Policies” above, the Sub-Investment Adviser may only employ investment techniques and instruments, such as trading in futures, options and swaps and other financial derivative instruments for efficient portfolio management (i.e. reduction of risk, reduction of costs, generation of additional capital or income for the Fund) and the Sub-Investment Adviser is required to comply with the conditions and limits from time to time laid down by the Central Bank. Further information is set out under “Use of Investment Techniques and Instruments and Financial Derivatives Instruments” and “Types and description of financial derivative instruments” in the Prospectus.
The primary method of calculation of global exposure for the Fund is the commitment approach method. However, the VaR model may be employed where there is a higher volume or more complex usage of derivative strategies or there is a change in the risk profile of the Fund.

##### SECURITIES FINANCING TRANSACTIONS REGULATION
As more particularly described under “Securities Financing Transactions Regulation” in the Prospectus, subject to the investment restrictions set out in Appendix 4 to the Prospectus and any investment restriction set out in the section of the Supplement entitled “Investment Objective and Policies”: (a) with respect to permitted investments in total return swaps, the Fund can invest a maximum of 100% of its Net Asset Value; and (b) the Fund can invest a maximum of 100% of its Net Asset Value in Securities Financing Transactions. Subject to the above limits, it is expected that the Fund will generally invest in the range of 0 - 20% if its Net Asset Value in total return swaps and Securities Financing Transactions.

##### RISK FACTORS AND SPECIAL CONSIDERATIONS
Investors’ attention is drawn to the risk factors and other special considerations which may affect the Fund as set out under “Risk factors and special considerations” in the Prospectus. This does not purport to be an exhaustive list of the risk factors relating to investment in the Fund and investors’ attention is drawn to the description of the instruments set out in the section entitled “Investment Objective and Policies” above.

##### DISTRIBUTION POLICY
This Fund is closed to new subscriptions (including exchanges into the Fund), and is in the process of being terminated.

##### TRADE CUT-OFF AND SETTLEMENT TIMES
This Fund is closed to new subscriptions (including exchanges into the Fund), and is in the process of being terminated.

##### THE SUB-INVESTMENT ADVISER
The Manager has appointed JCIL to be the Company’s Investment Adviser. As at the date of this Supplement, JCIL has delegated to JCM and HGIL responsibility for providing discretionary investment management and advisory services the whole or part of the assets of the Fund.

##### FEES AND EXPENSES
This Fund is closed to new subscriptions (including exchanges into the Fund), and is in the process of being terminated.

##### DILUTION ADJUSTMENT
This Fund is closed to new subscriptions (including exchanges into the Fund), and is in the process of being terminated.

##### CLASSES OF SHARES
This Fund is closed to new subscriptions (including exchanges into the Fund), and is in the process of being terminated.
| SHARE CLASSES approved by the Central Bank as at the date of this Supplement |
| --- |
| US Dollar Classes | Euro Classes | Pound Sterling Classes | Hong Kong Dollar Classes | Australia Dollar Classes | Swiss Franc Classes | Canadian Dollar Classes | Renminbi (CNH) Classes | Swedish Kronor Classes | New Zealand dollar Classes | Singapore Dollar |
| N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |


###### Supplement for the

###### Janus Henderson Fixed Maturity Bond Fund I
The date of this Supplement is 26 February 2021.

###### This Supplement contains information specific to the Janus Henderson Fixed Maturity Bond Fund I (the “Fund”), a sub-fund of Janus Henderson Capital Funds plc (the “Company”). The Company is a UCITS established as an umbrella investment company with segregated liability between Funds with variable capital incorporated in Ireland and regulated by the Central Bank.

###### This Supplement forms part of and should be read in conjunction with the latest Prospectus. The Prospectus may be revised or supplemented from time to time. All capitalised terms used in this Supplement and not otherwise defined herein shall have the meanings set forth in the Prospectus.

##### SUMMARY

###### The information set out under this heading is a summary of the principal features of the Fund, and should be read in conjunction with the full text of this Supplement.
| Classes of Shares | Details of the Classes of Shares are set out in the section below entitled “Classes of Shares”. |
| --- | --- |
| Investors should note that, as at the date of this Supplement, only certain Classes of Shares of the Fund are currently available for purchase. Furthermore, not all Classes of Shares are available in all jurisdictions and investors are requested to contact the relevant Distribution Agent for a list of Classes of Shares available to them. |
| Frequency of Subscriptions, Redemptions and Exchanges | Unless otherwise determined by the Directors and/or the Manager, subscriptions for and redemptions and exchanges of Shares may be made on any Business Day subject to the procedures described in the sections of the Prospectus entitled “How to Purchase Shares”, “How to Redeem Shares” and “How to Exchange or Transfer Shares”. |
| Minimum Subscriptions | The minimum initial and subsequent subscriptions applicable to each Class within the Fund are set out in the section entitled “How to purchase shares” in the Prospectus. |
| Suitability of Classes | Suitability of Classes and eligibility of investors for particular Classes are described in the section entitled “The Shares” in the Prospectus. |
| Base Currency | US Dollar |


##### INVESTMENT OBJECTIVE AND POLICIES
The Fund aims to provide 4% per annum income over the term of the fund with the potential for capital growth before the deduction of charges. The income amount or capital value is not guaranteed. The value of the shares at the end of the term, may be less than the value at the time of investment because of the Fund’s distribution policy or market movements.
The Fund pursues its investment objective by investing at least 80% of its net asset value in Debt Securities of issuers located anywhere in the world (including Developing Markets). The Fund may invest up to 50% of its net asset value in Developing Markets. Typical investment in which the Fund may invest would include, but are not limited to, corporate credit, emerging market securities, high yield securities, mortgage-backed securities and asset-backed securities. The Fund may invest up to 50% of its net asset value in Debt securities or preference shares rated below investment grade or unrated Debt Securities of similar quality as determined by the relevant Sub-Investment Adviser while also seeking to maintain a portfolio with an average credit rating of investment grade.
The Fund will generally hold securities that mature during the term of the Fund. Whilst it is intended that the Fund will hold securities until maturity, the Sub-Investment Adviser has the discretion to sell them prior to their maturity. After investments mature (or are sold) the Fund can hold up to 100% of its assets in short term deposits, cash and Money Market Instruments until maturity.
The Fund may invest in Government Securities, mortgage-and asset-backed securities issued or guaranteed by any OECD government, its agencies or instrumentalities or by a private issuer. The mortgage-backed securities and asset-backed securities in which the Fund may invest will not contain embedded derivatives and/or leverage.
The Fund may employ investment techniques and instruments, such as trading in futures, options and swaps and other financial derivative instruments for efficient portfolio management (ie reduction of risk, reduction of costs, generation of additional capital or income for the Fund) or subject to a limit of up to 10% of its net asset value, for investment purposes as described in the “Types and Description of Financial Derivative Instruments” section herein, subject to the conditions and within the limits from time to time laid down by the Central Bank to gain or hedge exposure to the investments contemplated in these investment policies.
The Fund is Actively Managed without reference to a benchmark. The Sub-investment Adviser has a high degree of freedom to choose individual investments for the Fund. The Sub-Investment Adviser seeks to capture the credit risk premium in an economical way. The Sub-Investment Adviser’s forward-looking fundamental credit research seeks to create a portfolio of best ideas across fixed income sectors to express their high-conviction views. A bottom-up, fundamentally driven investment process focused on corporate bonds from companies around the world committed to transforming and improving their balance sheets, free cash flow generation, quality of management and security valuation drive security selection. Securities are selected with the expectation that they will be held to maturity; accordingly, turnover is low and the securities need solid fundamentals. A top down framework enables the Sub-Investment Adviser to assess the stage of credit cycle, identify opportunities and take an appropriate amount of risk.
Following the closure of the initial offer period, the Fund will no longer be open to subscriptions and/or transfers into the Fund.
The last Net Asset Value per Share will be calculated 4 years after the end of the offer period and as advised by the Directors. Upon liquidation, all proceeds will be returned to Shareholders. The Fund is designed to be held to Maturity and Investors should be prepared to remain invested until then.

###### Due to its exposure to below investment grade securities and Developing Markets, an investment in the Fund should not constitute a substantial proportion of an investment portfolio and may not be appropriate for all investors.
The Fixed Maturity Bond Fund I may invest up to 50% of its net asset value in Debt Securities rated below investment grade Subject to the investment policies set forth herein, the Fund may invest in a wide variety of income producing Government Securities and Debt Securities, Indexed/Structured Securities, mortgage-and asset-backed securities issued or guaranteed by any OECD government, its agencies or instrumentalities or by a private issuer, zero coupon, pay-in-kind (ie, bonds which may pay interest in the form of additional bonds of the same kind) and Step Coupon Securities, preference shares and income-producing equities, REITs, convertible bonds i.e. Debt Securities that carry with them the right to acquire equities as evidenced by warrants attached to or acquired with such securities, or Debt Securities convertible into equities. Subject to the investment policies set forth herein, the Fund may invest in equities and other equity securities (such as securities convertible into equities). The Fund may invest directly or indirectly (i.e. through depositary receipts including American Depositary Receipts, European Depositary Receipts and Global Depositary Receipts) in the relevant markets. In addition the Fund may purchase participations in or assignments of floating rate mortgages or other commercial loans that are liquid and will provide for interest rate adjustments at least every 397 days and which may be secured by real estate or other assets. These participations may be interests in, or assignments of, the loan and may be acquired from banks or brokers that have made the loan or members of the lending syndicate. Such participations will not exceed 10% of the net asset value of the Fund in the aggregate.
The Fund may invest up to 50% of its net asset value in Debt Securities rated below investment grade. The Fund may also purchase defaulted securities if, in the opinion of the relevant Sub-Investment Adviser, it appears likely that the issuer may resume interest payments or other advantageous developments appear likely in the near term.
The Fund may invest up to 25% in high yield securities rated B or higher by Moody’s, S&P or Fitch or, if unrated, determined by the Investment Adviser to be of comparable quality. The Fund may continue to hold securities that are downgraded below investment grade after purchase but may not make additional purchases of such securities unless such purchases fall within the high yield securities limits set forth above.
The Fund may invest up to 5% of its net asset value in the securities of other Eligible Collective Investment Schemes. Such investment includes investing in other Funds. However the Fund may not invest in another Fund which itself holds Shares in other Funds. Where the Fund invests in another Fund, the Fund may not charge an annual management and/or investment management fee in respect of the portion of its assets invested in the other Fund.
The Fund may invest in financial derivative instruments for efficient portfolio management purposes. The Fund’s investment in financial derivative instruments will be subject to the limits set out within the Fund’s investment policy and the conditions and limits from time to time laid down by the Central Bank. There will be circumstances in which the Fund will be leveraged in using financial derivative instruments. The Fund is permitted to invest up to 100% of its net asset value in financial derivative instruments for investment purposes. The market risk of the Fund is measured using the VaR methodology, the Fund’s leverage is calculated using the sum of the notionals of the derivatives held by the Fund. However, Shareholders should note that, given the nature of financial derivative instruments and the fact that such instruments may be traded on margin, a relatively small adverse price movement in the underlying of a given financial derivative instrument may result in immediate and substantial movements in the exposure a Fund to that financial derivative instrument. In the event that any of the financial derivative instruments related exposure limits are exceeded for reasons beyond the control of the Fund, the Fund will remedy such situation as a priority, taking due account of the interests of its Shareholders.

##### USE OF TEMPORARY DEFENSIVE MEASURES
In certain circumstances, on a temporary and exceptional basis, when the Investment Adviser or Sub- Investment Adviser deems it to be in the best interests of Shareholders, the Fund may not adhere to its investment policies as disclosed above. For further information, see "Use of temporary defensive measures" in the Prospectus.

##### PROFILE OF A TYPICAL INVESTOR
The Fund is available to a wide range of investors seeking access to a portfolio managed in accordance with a specific investment objective and policy.
A potential investor should choose the Class that best suits such investor’s needs. When choosing a Class, potential investors should consider the following:
- How much the investor plans to invest;
- How long the investor expects to own the Shares;
- The expenses paid in respect of each Class;
- Whether the investor qualifies for any reduction or waiver of sales charges; and
- The currency of the share class.


##### INVESTMENT RESTRICTIONS
The Fund’s investments will be limited to investments permitted by the UCITS Regulations and other applicable restrictions as set out in Appendix 4 to the Prospectus.

##### USE	OF	INVESTMENT	TECHNIQUES	AND	INSTRUMENTS	AND	FINANCIAL	DERIVATIVE INSTRUMENTS
Subject to the ability of the Fund to invest in financial derivative instruments for investment purposes, as set out under “Investment Objective and Policies” above, the Sub-Investment Adviser may only employ investment techniques and instruments, such as trading in futures, options and swaps and other financial derivative instruments for efficient portfolio management (i.e. reduction of risk, reduction of costs, generation of additional capital or income for the Fund) and the Sub-Investment Adviser is required to comply with the conditions and limits from time to time laid down by the Central Bank. Further information is set out under “Use of Investment Techniques and Instruments and Financial Derivatives Instruments” and “Types and description of financial derivative instruments” in the Prospectus.
The primary method of calculation of global exposure for the Fund is the commitment approach method. However, the VaR model may be employed where there is a higher volume or more complex usage of derivative strategies or there is a change in the risk profile of the Fund.

##### SECURITIES FINANCING TRANSACTIONS REGULATION
As more particularly described under “Securities Financing Transactions Regulation” in the Prospectus, subject to the investment restrictions set out in Appendix 4 to the Prospectus and any investment restriction set out in the section of the Supplement entitled “Investment Objective and Policies”: (a) with respect to permitted investments in total return swaps, the Fund can invest a maximum of 100% of its Net Asset Value; and (b) the Fund can invest a maximum of 100% of its Net Asset Value in Securities Financing Transactions. Subject to the above limits, it is expected that the Fund will generally invest in the range of 0 - 20% if its Net Asset Value in total return swaps and Securities Financing Transactions.

##### RISK FACTORS AND SPECIAL CONSIDERATIONS
Investors’ attention is drawn to the risk factors and other special considerations which may affect the Fund as set out under “Risk factors and special considerations” in the Prospectus. This does not purport to be an exhaustive list of the risk factors relating to investment in the Fund and investors’ attention is drawn to the description of the instruments set out in the section entitled “Investment Objective and Policies” above.

##### DISTRIBUTION POLICY
As more particularly described under “The Shares” in the Prospectus and in the section of the Supplement entitled “Classes of Shares”, Distributing Share Classes may differ in terms of their distribution frequency. Distributing Share Classes may distribute monthly, quarterly, semi-annually or annually as determined at the launch of the relevant Share Class. The distribution frequency of Share Classes are set out in the table below:
| Frequency of Distribution | Dates of Distribution Declaration |
| --- | --- |
| Accumulating Share Classes |
| Not applicable | Not applicable |
| Distributing Share Classes |
| Monthly | Monthly, normally on the fifteenth day of each month unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Quarterly | Quarterly, normally on 15 January, 15 April, 15 July and 15 October unless one of these days is not a Business Day in which case the distribution |

| Frequency of Distribution | Dates of Distribution Declaration |
| --- | --- |
|  | will be declared on the last Business Day before the aforementioned dates. |
| Semi-annually | Semi-annually, normally on 15 April and 15 October unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Annually | Annually, normally on 15 October unless it is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned date. |


##### TRADE CUT-OFF AND SETTLEMENT TIMES
Subscription orders for Shares received and accepted by or on behalf of the Transfer Agent or the Company and/or the Manager prior to the Trade Cut-Off Times on a Business Day specified in the tables below will be processed at the offering price determined on that Business Day. Subscription orders to subscribe for Shares received by or on behalf of the Transfer Agent or the Company and/or the Manager after the Trade Cut-Off Time on the relevant Business Day will be processed at the offering price determined on the next Business Day. If payment for subscription orders is not received by the relevant Settlement Time, a subscription may be cancelled or the Shareholder may be charged interest on the outstanding subscription monies at normal commercial rates. In such an event, the Distribution Agent or the Shareholder may be held liable for any loss to the Fund.
Processing of redemption orders is subject to receipt and acceptance by or on behalf of the Transfer Agent or the Company and/or the Manager of a valid redemption order. Subject to the provisions set out under “Limitations on Redemptions” in the Prospectus, redemption orders received and accepted by or on behalf of the Transfer Agent or by the Company and/or the Manager prior to the Trade Cut-Off Time on a Business Day will be processed at the net asset value per Share determined on that Business Day.
| Subscription | Trade cut-off Time | Settlement Time |
| --- | --- | --- |
| Subscriptions (other than Class Z Shares) | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |
| Subscriptions made directly to the Transfer Agent by Qualifying Institutional Investors/Class Z Shares | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | 3:30pm, London time on T |
| Redemption | Trade cut-off Time | Settlement Time |
| All Redemptions | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |


##### THE SUB-INVESTMENT ADVISER
The Manager has appointed JCIL to be the Company’s investment adviser. As at the date of this Supplement, JCIL has delegated to JCM and HGIL responsibility for providing discretionary investment management and advisory services in respect of the whole or part of the assets of the Fund.

##### FEES AND EXPENSES
Details of the fees and expenses attaching to an investment in a Fund (including initial sales charges, CDSCs, dilution adjustment, investment management fees and distribution fees) are set out in the section entitled “Fees and Expenses” in the Prospectus and a summary of which is set out below. The Fees and Expenses to Capital Share Classes may charge certain fees and expenses to capital rather than income.
| Fee Type | Class A Shares | Class B Shares | Class E Shares | Class G Shares | Class H Shares | Class I Shares | Class S Shares | Class V Shares | Class Z Shares |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Initial Sales Charge | Up to 5.00% of the amount subscribed | N/A | Up to 1.00% of the amount subscribed | N/A | N/A | Up to 2.00% of the amount subscribed | Up to 2.00% of the amount subscribed | N/A | N/A |
| CDSC < 1 year since purchase 1-2 years 2-3 years 3-4 years >4 years since purchase | N/A | 4% 3% 2% 1% 0% | N/A | N/A | N/A | N/A | N/A | 3% 2% 1% 0% - | N/A |
| Shareholder Service Fees | Up to 0.75% of net asset value | Up to 0.75% of net asset value | Up to 1.00% of net asset value | N/A | N/A | N/A | N/A | Up to 0.75% of net asset value | N/A |
| Distribution Fees | N/A | Up to 1.00% of net asset value | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investment Management Fee | Up to 0.60% of net asset value. | Up to 0.60% of net asset value. | Up to 0.60% of net asset value. | Up to 0.45% of net asset value. | Up to 0.45% of net asset value. | Up to 0.45% of net asset value. | Up to 0.45% of net asset value. | Up to 0.45% of net asset value. | See Prospectus |
| Performance Fee | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Fee and Expenses Cap | 1.50% of net asset value | N/A | 2.00% of net asset value | 0.70% of net asset value | 0.70% of net asset value | 0.70% of net asset value | 0.70% of net asset value | 2.00% of net asset value | See Prospectus |


##### DILUTION ADJUSTMENT
A dilution adjustment may be applied to the Net Asset Value per Share of the Fund on a dealing day (i) if net subscriptions or redemptions exceed a pre-determined threshold relating to the Fund’s Net Asset Value (where such a threshold has been pre-determined for the Fund from time to time by the Manager) or (ii) in any other cases where there are net subscriptions or redemptions in the Fund and the Manager or its delegate reasonably believes that imposing a dilution adjustment is in the best interests of existing Shareholders.

##### CLASSES OF SHARES
As more particularly described in the Prospectus under “The Shares”, the Company offers 11 Classes of Shares with various distribution policies, distribution frequencies, hedging policies and currencies in each Class. The name of each Class of Shares offered by the Company enables Shareholders to identify the distribution policy, distribution frequency, hedging policy and currency of a Class by reference to sub- classifications. The table below sets out details of the Classes of Shares in the Fund approved by the Central Bank, and the Classes which are available for purchase as at the date of this Supplement.
Where a Class of Shares in any Fund has not previously been issued or is being re-offered, then initial subscriptions for such Shares will be accepted: (i) on such date(s) to be determined by the Manager and notified in advance to the Central Bank; and (ii) the initial offer price and re-offer price as set out in the Prospectus under “Initial offers of share classes”. Alternatively, in the case of a Fund which already has one
or more Classes of Shares in issue, the initial offer price per Share for subsequent Classes of Shares issued in respect of that Fund may be the net asset value per Share of such other Class of Shares of that Fund as may be determined by the Manager and notified in advance to the Central Bank and potential Shareholders.
| SHARE CLASSES approved by the Central Bank as at the date of this Supplement |
| --- |
| US Dollar Classes | Euro Classes | Pound Sterling Classes | Hong Kong Dollar Classes | Australia Dollar Classes | Swiss Franc Classes | Canadian Dollar Classes | Renminbi (CNH) Classes | Swedish Kronor Classes | New Zealand dollar Classes | Singapore Dollar Classes |
| A2 USD | A2 HEUR | I2 HGBP | A2 HKD | A2 HAUD | A2 HCHF |  | A2 HCNH |  |  | A2 HSGD |
| B2 USD | B2 HEUR | I2 GBP | I2 HKD | I2 HAUD | I2 HCHF | I2 HCNH | I2 HSGD |
| E2 USD | E2 HEUR | H2 HGBP | S2 HKD | S2 HAUD | S2 HCHF | S2 HCNH | S2 HSGD |
| I2 USD | I2 HEUR | S2 HGBP | V2 HKD | V2 HAUD | H2 HCHF | V2 HCNH | V2 HSGD |
| S2 USD | S2 HEUR | H2 GBP | Z2 HKD | Z2 AUD | G2 HCHF | Z2 CNH | Z2 SGD |
| H2 USD | H2 HEUR | G2 USD | A3 m HKD | A3 m HAUD | Z2 CHF | A5m HCNH | A3 HSGD |
| G2 USD | G2 HEUR | Z2 GBP | A3 HKD | V3 m HAUD | A3 HCHF | A3 HCNH | A3s HSGD |
| V2 USD | V2 HEUR | Z2 HGBP | A3s HKD | A3 HAUD | A3s HCHF | A3s HCNH | A3q HSGD |
| Z2 USD | Z2 EUR | H1 HGBP | A3q HKD | A3s HAUD | A3q HCHF | A3q HCNH | A3m HSGD |
| A3m USD | Z2 HEUR | H3 HGBP | A4q HKD | A3q HAUD | A3m HCHF | A3m HCNH | A4q HSGD |
| B1m USD | B1 m HEUR | H3s HGBP | A4m HKD | A4q HAUD | A4q HCHF | A4q HCNH | A4m HSGD |
| E3m USD | E3 m HEUR | H3q HGBP | A5m HKD | A4m HAUD | A4m HCHF | A4m HCNH | A5m HSGD |
| I1m USD H1 m USD | A3 HEUR A3s HEUR | H3m HGBP H4q HGBP | I1 HKD I3 HKD | A5m HAUD I1 HAUD | A5m HCHF I1 HCHF | A5m HCNH | A3 SGD A3s SGD |
| V3 m USD | A3q HEUR | H4m HGBP | I3s HKD | I3 HAUD | I3 HCHF |  | A3q SGD |
| A3 USD | A3m HEUR | H5m HGBP | I3q HKD | I3s HAUD | I3s HCHF |  | A3m SGD |
| A3s USD | A4q HEUR | G1 HGBP | I3m HKD | I3q HAUD | I3q HCHF |  | A4q SGD |
| A3q USD | A4m HEUR | G3 HGBP | I4q HKD | I3m HAUD | I3m HCHF |  | A4m SGD |
| A4q USD | A5m HEUR | G3s HGBP | I4m HKD | I4q HAUD | I4q HCHF |  | A5m SGD |
| A4m USD | I1 HEUR | G3q HGBP | I5m HKD | I4m HAUD | I4m HCHF |  | I1 HSGD |
| A5m USD | I3 HEUR | G3m HGBP | H1 HKD | I5m HAUD | I5m HCHF |  | I3 HSGD |
| I1 USD | I3s HEUR | G4q HGBP | H3 HKD | H1 HAUD | H1 HCHF |  | I3s HSGD |
| I3 USD | I3q HEUR | G4m HGBP | H3s HKD | H3 HAUD | H3 HCHF |  | I3q HSGD |
| I3s USD | I3m HEUR | G5m HGBP | H3q HKD | H3s HAUD | H3s HCHF |  | I3m HSGD |
| I3q USD | I4q HEUR | I1 HGBP | H3m HKD | H3q HAUD | H3q HCHF |  | I4q HSGD |
| I3m USD | I4m HEUR | I3 HGBP | H4q HKD | H3m HAUD | H3m HCHF |  | I4m HSGD |
| I4q USD | I5m HEUR | I3s HGBP | H4m HKD | H4q HAUD | H4q HCHF |  | I5m HSGD |
| I4m USD | H1 HEUR | I3q HGBP | H5m HKD | H4m HAUD | H4m HCHF |  | I1 SGD |
| I5m USD H1 USD | H3 HEUR H3s HEUR | I3m HGBP I4q HGBP | G1 HKD G3 HKD | H5m HAUD | H5m HCHF G1 HCHF |  | I3 SGD I3s SGD |
| H3 USD | H3q HEUR | I4m HGBP | G3s HKD |  | G3 HCHF |  | I3q SGD |
| H3s USD | H3m HEUR | I5m HGBP | G3q HKD |  | G3s HCHF |  | I3m SGD |
| H3q USD | H4q HEUR |  | G3m HKD |  | G3q HCHF |  | I4q SGD |
| H3m USD | H4m HEUR |  | G4q HKD |  | G3m HCHF |  | I4m SGD |
| H4q USD | H5m HEUR |  | G4m HKD |  | G4q HCHF |  | I5m SGD |
| H4m USD | G1 HEUR |  | G5m HKD |  | G4m HCHF |  |  |
| H5m USD G1 USD | G3 HEUR G3s HEUR |  | E1 HKD E3 HKD |  | G5m HCHF |  |  |
| G3 USD | G3q HEUR |  | E3s HKD |  |  |  |  |
| G3s USD | G3m HEUR |  | E3q HKD |  |  |  |  |
| G3q USD | G4q HEUR |  | E3m HKD |  |  |  |  |
| G3m USD | G4m HEUR |  | E4q HKD |  |  |  |  |
| G4q USD | G5m HEUR |  | E4m HKD |  |  |  |  |
| G4m USD | E1 HEUR |  | E5m HKD |  |  |  |  |
| G5m USD | E3 HEUR |  |  |  |  |  |  |
| E1 USD | E3s HEUR |  |  |  |  |  |  |
| E3 USD | E3q HEUR |  |  |  |  |  |  |
| E3s USD | E4q HEUR |  |  |  |  |  |  |
| E3q USD | E4m HEUR |  |  |  |  |  |  |
| E4q USD E4m USD | E5m HEUR |  |  |  |  |  |  |
| E5m USD |  |  |  |  |  |  |  |

The initial offer period for the Class A2 USD of the Fund commenced at 9am (Irish time) on 28 February 2020 and shall conclude at 4pm (New York time) on 29 June 2020 or such other dates as the Directors may determine and notify in advance to the Central Bank. Following the closure of the initial offer period, the fund will no longer be open to subscriptions and/or transfers into the fund.

###### Supplement for the

###### Janus Henderson Global High Yield Fund
The date of this Supplement is 26 February 2021.

###### This Supplement contains information specific to the Janus Henderson Global High Yield Fund (the “Fund”), a sub-fund of Janus Henderson Capital Funds plc (the “Company”). The Company is a UCITS established as an umbrella investment company with segregated liability between Funds with variable capital incorporated in Ireland and regulated by the Central Bank.

###### This Supplement forms part of and should be read in conjunction with the latest Prospectus. The Prospectus may be revised or supplemented from time to time. All capitalised terms used in this Supplement and not otherwise defined herein shall have the meanings set forth in the Prospectus.

##### SUMMARY

###### The information set out under this heading is a summary of the principal features of the Fund, and should be read in conjunction with the full text of this Supplement.
| Classes of Shares | Details of the Classes of Shares are set out in the section below entitled “Classes of Shares”. |
| --- | --- |
| Investors should note that, as at the date of this Supplement, only certain Classes of Shares of the Fund are currently available for purchase. Furthermore, not all Classes of Shares are available in all jurisdictions and investors are requested to contact the relevant Distribution Agent for a list of Classes of Shares available to them. |
| Frequency of Subscriptions, Redemptions and Exchanges | Unless otherwise determined by the Directors and/or the Manager, subscriptions for and redemptions and exchanges of Shares may be made on any Business Day subject to the procedures described in the sections of the Prospectus entitled “How to Purchase Shares”, “How to Redeem Shares” and “How to Exchange or Transfer Shares”. |
| Minimum Subscriptions | The minimum initial and subsequent subscriptions applicable to each Class within the Fund are set out in the section entitled “How to purchase shares” in the Prospectus. |
| Suitability of Classes | Suitability of Classes and eligibility of investors for particular Classes are described in the section entitled “The Shares” in the Prospectus. |
| Base Currency | US Dollar |


##### INVESTMENT OBJECTIVE AND POLICIES
The Fund’s primary investment objective is to obtain high current income. Capital appreciation is a secondary objective when consistent with the primary objective. The Fund pursues its investment objectives by investing at least 70% of its net asset value in Debt Securities rated below investment grade or if unrated are of a similar quality to below investment grade, as determined by the relevant Sub-Investment Adviser of issuers located anywhere in the world.
The Fund may invest in preference shares of issuers located anywhere in the world which are either rated below investment grade or if unrated are of a similar quality to below investment grade as determined by the relevant Sub-Investment Adviser.
The Fund may employ investment techniques and instruments, such as trading in futures, options and swaps and other derivative instruments for efficient portfolio management (ie reduction of risk, reduction of costs, generation of additional capital or income for the Fund) or for investment purposes as described in the “Types and Description of Financial Derivative Instruments” section herein, subject to the conditions and within the
limits from time to time laid down by the Central Bank to gain or hedge exposure to the investments contemplated in these investment policies.
Performance target: To outperform the Bloomberg Barclays Global High Yield Index by 1.25% per annum, before the deduction of charges, over any 5 year period.
The Fund is Actively Managed with reference to the Bloomberg Barclays Global High Yield Index, which is broadly representative of the bonds in which it may invest, as this forms the basis of the Fund's performance target. The Sub-Investment Adviser has discretion to choose investments for the Fund with weightings different to the index or not in the index, but at times the Fund may hold investments similar to the index. Details of the Fund’s performance are available in the annual reports and semi-annual reports, the marketing materials and in the KIID. There is no guarantee that the Fund’s performance will match or exceed that benchmark.
The Sub-Investment Adviser’s forward-looking fundamental credit research seeks to identify future winners and losers to express their high-conviction views. A bottom-up, fundamentally driven investment process focused on companies around the world committed to transforming and improving their balance sheets, free cash flow generation, quality of management and security valuation drive security selection. This approach rests on a belief that some companies have inherent strengths, have better prospects than their peer groups and should therefore outperform even in challenging industrial and economic circumstances. A dynamic top down framework enables the Sub-Investment Adviser to assess the stage of credit cycle, identify opportunities and take an appropriate amount of risk across sectors and geographies.

###### Due to its exposure to below investment grade securities and Developing Markets, an investment in the Fund should not constitute a substantial proportion of an investment portfolio and may not be appropriate for all investors.
Subject to the investment policies set forth herein, the Fund may invest in a wide variety of income producing Government Securities and Debt Securities, Indexed/Structured Securities, mortgage-and asset-backed securities issued or guaranteed by any OECD government, its agencies or instrumentalities or by a private issuer, zero coupon, pay-in-kind (ie, bonds which may pay interest in the form of additional bonds of the same kind) and Step Coupon Securities, preference shares and income-producing equities, REITs, convertible bonds ie Debt Securities that carry with them the right to acquire equities as evidenced by warrants attached to or acquired with such securities, or Debt Securities convertible into equities. Subject to the investment policies set forth herein, the Fund may invest in equities and other equity securities (such as securities convertible into equities). The Fund may invest directly or indirectly (ie through depositary receipts including American Depositary Receipts, European Depositary Receipts and Global Depositary Receipts) in the relevant markets. In addition the Fund may purchase participations in or assignments of floating rate mortgages or other commercial loans that are liquid and will provide for interest rate adjustments at least every 397 days and which may be secured by real estate or other assets. These participations may be interests in, or assignments of, the loan and may be acquired from banks or brokers that have made the loan or members of the lending syndicate. Such participations will not exceed 10% of the net asset value of the Fund in the aggregate.
Subject to the investment policies set forth herein, the Fund may invest without limit in Debt Securities and preference shares rated below investment grade. The Fund may also purchase defaulted securities if, in the opinion of the relevant Sub-Investment Adviser, it appears likely that the issuer may resume interest payments or other advantageous developments appear likely in the near term.
To the extent permitted to invest in such securities pursuant to the investment policies set forth herein, the Fund will not invest more than 10% of its net asset value in securities issued or guaranteed by a single country (including its government, a public or local authority of that country) with a credit rating below investment Grade.
The Fund may invest up to 5% of its net asset value in the securities of other Eligible Collective Investment Schemes. Such investment includes investing in other Funds. However the Fund may not invest in another Fund which itself holds Shares in other Funds. Where the Fund invests in another Fund, the Fund may not charge an annual management and/or investment management fee in respect of the portion of its assets invested in the other Fund.
The Fund may invest in financial derivative instruments for efficient portfolio management purposes. The Fund’s investment in financial derivative instruments will be subject to the limits set out within the Fund’s investment policy and the conditions and limits from time to time laid down by the Central Bank. There will be circumstances in which the Fund will be leveraged in using financial derivative instruments. The Fund is permitted to invest up to 100% of its net asset value in financial derivative instruments for investment purposes. The maximum amount of leverage, when calculated using the commitment approach, which the Fund can create through the use of financial derivative instruments is 100% of the net asset value of the Fund. However, Shareholders should note that, given the nature of financial derivative instruments and the fact that such instruments may be traded on margin, a relatively small adverse price movement in the underlying of a given financial derivative instrument may result in immediate and substantial movements in the exposure a Fund to that financial derivative instrument. In the event that any of the financial derivative instruments related exposure limits are exceeded for reasons beyond the control of the Fund, the Fund will remedy such situation as a priority, taking due account of the interests of its Shareholders.

##### USE OF TEMPORARY DEFENSIVE MEASURES
In certain circumstances, on a temporary and exceptional basis, when the Investment Adviser or Sub- Investment Adviser deems it to be in the best interests of Shareholders, the Fund may not adhere to its investment policies as disclosed above. For further information, see "Use of temporary defensive measures" in the Prospectus.

##### PROFILE OF A TYPICAL INVESTOR
The Fund is available to a wide range of investors seeking access to a portfolio managed in accordance with a specific investment objective and policy.
A potential investor should choose the Class that best suits such investor’s needs. When choosing a Class, potential investors should consider the following:
- How much the investor plans to invest;
- How long the investor expects to own the Shares;
- The expenses paid in respect of each Class;
- Whether the investor qualifies for any reduction or waiver of sales charges; and
- The currency of the share class.


##### INVESTMENT RESTRICTIONS
The Fund’s investments will be limited to investments permitted by the UCITS Regulations and other applicable restrictions as set out in Appendix 4 to the Prospectus.

##### USE	OF	INVESTMENT	TECHNIQUES	AND	INSTRUMENTS	AND	FINANCIAL	DERIVATIVE INSTRUMENTS
Subject to the ability of the Fund to invest in financial derivative instruments for investment purposes, as set out under “Investment Objective and Policies” above, the Sub-Investment Adviser may only employ investment techniques and instruments, such as trading in futures, options and swaps and other financial derivative instruments for efficient portfolio management (i.e. reduction of risk, reduction of costs, generation of additional capital or income for the Fund) and the Sub-Investment Adviser is required to comply with the conditions and limits from time to time laid down by the Central Bank. Further information is set out under “Use of Investment Techniques and Instruments and Financial Derivatives Instruments” and “Types and description of financial derivative instruments” in the Prospectus.
The primary method of calculation of global exposure for the Fund is the commitment approach method. However, the VaR model may be employed where there is a higher volume or more complex usage of derivative strategies or there is a change in the risk profile of the Fund.

##### SECURITIES FINANCING TRANSACTIONS REGULATION
As more particularly described under “Securities Financing Transactions Regulation” in the Prospectus, subject to the investment restrictions set out in Appendix 4 to the Prospectus and any investment restriction set out in the section of the Supplement entitled “Investment Objective and Policies”: (a) with respect to permitted investments in total return swaps, the Fund can invest a maximum of 100% of its Net Asset Value; and (b) the Fund can invest a maximum of 100% of its Net Asset Value in Securities Financing Transactions. Subject to the above limits, it is expected that the Fund will generally invest in the range of 0 - 20% if its Net Asset Value in total return swaps and Securities Financing Transactions.

##### RISK FACTORS AND SPECIAL CONSIDERATIONS
Investors’ attention is drawn to the risk factors and other special considerations which may affect the Fund as set out under “Risk factors and special considerations” in the Prospectus. This does not purport to be an exhaustive list of the risk factors relating to investment in the Fund and investors’ attention is drawn to the description of the instruments set out in the section entitled “Investment Objective and Policies” above.

##### DISTRIBUTION POLICY
As more particularly described under “The Shares” in the Prospectus and in the section of the Supplement entitled “Classes of Shares”, Distributing Share Classes may differ in terms of their distribution frequency. Distributing Share Classes may distribute monthly, quarterly, semi-annually or annually as determined at the launch of the relevant Share Class. The distribution frequency of Share Classes are set out in the table below:
| Frequency of Distribution | Dates of Distribution Declaration |
| --- | --- |
| Accumulating Share Classes |
| Not applicable | Not applicable |
| Distributing Share Classes |
| Monthly | Monthly, normally on the fifteenth day of each month unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Quarterly | Quarterly, normally on 15 February, 15 May, 15 August and 15 November unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Semi-annually | Semi-annually, normally on 15 February and 15 August unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Annually | Annually, normally on 15 February unless it is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned date. |

|  |  |
| --- | --- |


##### TRADE CUT-OFF AND SETTLEMENT TIMES
Subscription orders for Shares received and accepted by or on behalf of the Transfer Agent or the Company and/or the Manager prior to the Trade Cut-Off Times on a Business Day specified in the tables below will be processed at the offering price determined on that Business Day. Subscription orders to subscribe for Shares received by or on behalf of the Transfer Agent or the Company and/or the Manager after the Trade Cut-Off Time on the relevant Business Day will be processed at the offering price determined on the next Business Day. If payment for subscription orders is not received by the relevant Settlement Time, a subscription may be cancelled or the Shareholder may be charged interest on the outstanding subscription monies at normal commercial rates. In such an event, the Distribution Agent or the Shareholder may be held liable for any loss to the Fund.
Processing of redemption orders is subject to receipt and acceptance by or on behalf of the Transfer Agent or the Company and/or the Manager of a valid redemption order. Subject to the provisions set out under “Limitations on Redemptions” in the Prospectus, redemption orders received and accepted by or on behalf of the Transfer Agent or by the Company and/or the Manager prior to the Trade Cut-Off Time on a Business Day will be processed at the net asset value per Share determined on that Business Day.
| Subscription | Trade cut-off Time | Settlement Time |
| --- | --- | --- |
| Subscriptions (other than Class Z Shares) | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |
| Subscriptions made directly to the Transfer Agent by Qualifying Institutional Investors/Class Z Shares | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | 3:30pm, London time on T |
| Redemption | Trade cut-off Time | Settlement Time |
| All Redemptions | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |


##### THE SUB-INVESTMENT ADVISER
The Manager has appointed JCIL to be the Company’s investment adviser. As at the date of this Supplement, JCIL has delegated to JCM and HGIL responsibility for providing discretionary investment management and advisory services the whole or part of the assets of the Fund.

##### FEES AND EXPENSES
Details of the fees and expenses attaching to an investment in a Fund (including initial sales charges, CDSCs, dilution adjustment, investment management fees and distribution fees) are set out in the section entitled “Fees and Expenses” in the Prospectus and a summary of which is set out below. The Fees and Expenses to Capital Share Classes may charge certain fees and expenses to capital rather than income.
| Fee Type | Class A Shares | Class B Shares | Class E Shares | Class G Shares | Class H Shares | Class I Shares | Class S Shares | Class V Shares | Class Z Shares |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Initial Sales Charge | Up to 5.00% of the amount subscribed | N/A | Up to 1.00% of the amount subscribed | N/A | N/A | Up to 2.00% of the amount subscribed | Up to 2.00% of the amount subscribed | N/A | N/A |

| CDSC < 1 year since purchase 1-2 years 2-3 years 3-4 years >4 years since purchase | N/A | 4% 3% 2% 1% 0% | N/A | N/A | N/A | N/A | N/A | 3% 2% 1% 0% - | N/A |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Shareholder Service Fees | Up to 0.75% of net asset value | Up to 0.75% of net asset value | Up to 1.00% of net asset value | N/A | N/A | N/A | N/A | Up to 0.75% of net asset value | N/A |
| Distribution Fees | N/A | Up to 1.00% of net asset value | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investment Management Fee | Up to 1.00% of net asset value. | Up to 1.00% of net asset value. | Up to 1.00% of net asset value. | Up to 0.60% of net asset value. | Up to 0.60% of net asset value. | Up to 0.80% of net asset value. | Up to 0.80% of net asset value. | Up to 1.00% of net asset value. | See Prospectus |
| Performance Fee | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Fee and Expenses Cap | 2.00% of net asset value | N/A | 2.50% of net asset value | 1.05% of net asset value | 1.05% of net asset value | 1.05% of net asset value | 1.05% of net asset value | 2.50% of net asset value | See Prospectus |


##### DILUTION ADJUSTMENT
A dilution adjustment may be applied to the Net Asset Value per Share of the Fund on a dealing day (i) if net subscriptions or redemptions exceed a pre-determined threshold relating to the Fund’s Net Asset Value (where such a threshold has been pre-determined for the Fund from time to time by the Manager) or (ii) in any other cases where there are net subscriptions or redemptions in the Fund and the Manager or its delegate reasonably believes that imposing a dilution adjustment is in the best interests of existing Shareholders.

##### CLASSES OF SHARES
As more particularly described in the Prospectus under “The Shares”, the Company offers 11 Classes of Shares with various distribution policies, distribution frequencies, hedging policies and currencies in each Class. The name of each Class of Shares offered by the Company enables Shareholders to identify the distribution policy, distribution frequency, hedging policy and currency of a Class by reference to sub- classifications. The table below sets out details of the Classes of Shares in the Fund approved by the Central Bank, and the Classes which are available for purchase as at the date of this Supplement.
Where a Class of Shares in any Fund has not previously been issued or is being re-offered, then initial subscriptions for such Shares will be accepted: (i) on such date(s) to be determined by the Manager and notified in advance to the Central Bank; and (ii) the initial offer price and re-offer price as set out in the Prospectus under “Initial offers of share classes”. Alternatively, in the case of a Fund which already has one or more Classes of Shares in issue, the initial offer price per Share for subsequent Classes of Shares issued in respect of that Fund may be the net asset value per Share of such other Class of Shares of that Fund as may be determined by the Manager and notified in advance to the Central Bank and potential Shareholders.
| SHARE CLASSES approved by the Central Bank as at the date of this Supplement |
| --- |
| US Dollar Classes | Euro Classes | Pound Sterling Classes | Hong Kong Dollar Classes | Australia Dollar Classes | Swiss Franc Classes | Canadian Dollar Classes | Renminbi (CNH) Classes | Swedish Kronor Classes | New Zealand dollar Classes | Singapore Dollar Classes |
| A2 USD E2 USD I2 USD S2 USD H2 USD G2 USD V2 USD Z2 USD A3 m USD I1 USD H1 m USD Z1 USD | A2 HEUR B2 HEUR E2 HEUR I2 HEUR S2 HEUR H2 HEUR G2 HEUR V2 HEUR Z2 EUR A3 m HEUR H1 m HEUR | I2 HGBP I2 GBP S2 HGBP H2 HGBP H2 GBP G2 HGBP G2 GBP Z2 GBP Z2 HGBP | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF G2 HCHF Z2 CHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD |


###### Supplement for the

###### Janus Henderson Global Investment Grade Bond Fund
The date of this Supplement is 26 February 2021.

###### This Supplement contains information specific to the Janus Henderson Global Investment Grade Bond Fund (the “Fund”), a sub-fund of Janus Henderson Capital Funds plc (the “Company”). The Company is a UCITS established as an umbrella investment company with segregated liability between Funds with variable capital incorporated in Ireland and regulated by the Central Bank.

###### This Supplement forms part of and should be read in conjunction with the latest Prospectus. The Prospectus may be revised or supplemented from time to time. All capitalised terms used in this Supplement and not otherwise defined herein shall have the meanings set forth in the Prospectus.

##### SUMMARY

###### The information set out under this heading is a summary of the principal features of the Fund, and should be read in conjunction with the full text of this Supplement.
| Classes of Shares | Details of the Classes of Shares are set out in the section below entitled “Classes of Shares”. |
| --- | --- |
| Investors should note that, as at the date of this Supplement, only certain Classes of Shares of the Fund are currently available for purchase. Furthermore, not all Classes of Shares are available in all jurisdictions and investors are requested to contact the relevant Distribution Agent for a list of Classes of Shares available to them. |
| Frequency of Subscriptions, Redemptions and Exchanges | Unless otherwise determined by the Directors and/or the Manager, subscriptions for and redemptions and exchanges of Shares may be made on any Business Day subject to the procedures described in the sections of the Prospectus entitled “How to Purchase Shares”, “How to Redeem Shares” and “How to Exchange or Transfer Shares”. |
| Minimum Subscriptions | The minimum initial and subsequent subscriptions applicable to each Class within the Fund are set out in the section entitled “How to purchase shares” in the Prospectus. |
| Suitability of Classes | Suitability of Classes and eligibility of investors for particular Classes are described in the section entitled “The Shares” in the Prospectus. |
| Base Currency | US Dollar |


##### INVESTMENT OBJECTIVE AND POLICIES
The Fund’s investment objective is to maximise total return. The Fund pursues its investment objective by investing at least 80% in Investment Grade bonds of issuers located anywhere in the world. The aggregate amount of the Fund which may be invested in securities traded on the Developing Markets is 20% of the net asset value of the Fund and no more than 10% of the net asset value of the Fund may be invested in securities traded on any one Developing Market.
The Fund may employ investment techniques and instruments, such as trading in futures, options and swaps and other derivative instruments for efficient portfolio management (ie reduction of risk, reduction of costs, generation of additional capital or income for the Fund) or for investment purposes as described in the “Types and Description of Financial Derivative Instruments” section herein, subject to the conditions and within the limits from time to time laid down by the Central Bank to gain or hedge exposure to the investments contemplated in these investment policies.
Performance target: To outperform the Bloomberg Barclays Global Aggregate Corporate Bond Hedged USD Index by 1.25% per annum, before the deduction of charges, over any 5 year period.
The Fund is Actively Managed with reference to the Bloomberg Barclays Global Aggregate Corporate Bond Hedged USD Index, which is broadly representative of the bonds in which it may invest, as this forms the basis of the Fund's performance target. The Sub-Investment Adviser has discretion to choose investments for the Fund with weightings different to the index or not in the index, but at times the Fund may hold investments similar to the index. Details of the Fund’s performance are available in the annual reports and semi-annual reports, the marketing materials and in the KIID. There is no guarantee that the Fund’s performance will match or exceed that benchmark.
The Sub-Investment Adviser’s forward-looking fundamental credit research seeks to create a portfolio of best ideas across all fixed income sectors to express their high-conviction views. A bottom-up, fundamentally driven investment process focused on investment-grade corporate bonds from companies around the world committed to transforming and improving their balance sheets, free cash flow generation, quality of management and security valuation drive security selection. This approach rests on a belief that some companies have inherent strengths, have better prospects than their peer groups and should therefore outperform even in challenging industrial and economic circumstances. A dynamic top down framework enables the Sub-Investment Adviser to assess the stage of credit cycle, identify opportunities and take an appropriate amount of risk across sectors and geographies.
Subject to the investment policies set forth herein, the Fund may invest in a wide variety of income producing Government Securities and Debt Securities, Indexed/Structured Securities, mortgage-and asset-backed securities issued or guaranteed by any OECD government, its agencies or instrumentalities or by a private issuer, (up to 30% of the net asset value for the Fund), zero coupon, pay-in-kind (i.e., bonds which may pay interest in the form of additional bonds of the same kind) and Step Coupon Securities, (up to 30% of the net asset value for the Fund), preference shares and income-producing equities, (up to 10% of the net asset value for the Fund), REITs, convertible bonds ie Debt Securities that carry with them the right to acquire equities as evidenced by warrants attached to or acquired with such securities, or Debt Securities convertible into equities (up to 25% of the net asset value for the Fund). Subject to the investment policies set forth herein, the Fund may invest in equities and other equity securities (such as securities convertible into equities) (subject to the limit above of up to 10% of the net asset value for the Fund). The Fund may invest directly or indirectly (ie through depositary receipts including American Depositary Receipts, European Depositary Receipts and Global Depositary Receipts) in the relevant markets. In addition the Fund may purchase participations in or assignments of floating rate mortgages or other commercial loans that are liquid and will provide for interest rate adjustments at least every 397 days and which may be secured by real estate or other assets. These participations may be interests in, or assignments of, the loan and may be acquired from banks or brokers that have made the loan or members of the lending syndicate. Such participations will not exceed 10% of the net asset value of the Fund in the aggregate.
Subject to the investment policy set forth herein, the Fund may invest up to 30% in money market instruments (including short term Debt Securities listed or traded on a Regulated Market with a remaining effective maturity of 397 days or less) and up to 20% in high yield securities rated B or higher by Moody’s, S&P or Fitch or, if unrated, determined by the Investment Adviser to be of comparable quality. The Fund may continue to hold securities that are downgraded below investment grade after purchase but may not make additional purchases of such securities unless such purchases fall within the high yield securities limit set forth above.
To the extent permitted to invest in such securities pursuant to the investment policies set forth herein, the Fund will not invest more than 10% of its net asset value in securities issued or guaranteed by a single country (including its government, a public or local authority of that country) with a credit rating below Investment Grade.
The Fund may invest up to 5% of its net asset value in the securities of other Eligible Collective Investment Schemes. Such investment includes investing in other Funds. However the Fund may not invest in another Fund which itself holds Shares in other Funds. Where the Fund invests in another Fund, the Fund may not charge an annual management and/or investment management fee in respect of the portion of its assets invested in the other Fund.
The Fund may invest in financial derivative instruments for efficient portfolio management purposes. The Fund’s investment in financial derivative instruments will be subject to the limits set out within the Fund’s
investment policy and the conditions and limits from time to time laid down by the Central Bank. There will be circumstances in which the Fund will be leveraged in using financial derivative instruments. The Fund is permitted to invest up to 100% of its net asset value in financial derivative instruments for investment purposes. The maximum amount of leverage, when calculated using the commitment approach, which the Fund can create through the use of financial derivative instruments is 100% of the net asset value of the Fund. However, Shareholders should note that, given the nature of financial derivative instruments and the fact that such instruments may be traded on margin, a relatively small adverse price movement in the underlying of a given financial derivative instrument may result in immediate and substantial movements in the exposure a Fund to that financial derivative instrument. In the event that any of the financial derivative instruments related exposure limits are exceeded for reasons beyond the control of the Fund, the Fund will remedy such situation as a priority, taking due account of the interests of its Shareholders.

##### USE OF TEMPORARY DEFENSIVE MEASURES
In certain circumstances, on a temporary and exceptional basis, when the Investment Adviser or Sub- Investment Adviser deems it to be in the best interests of Shareholders, the Fund may not adhere to its investment policies as disclosed above. For further information, see "Use of temporary defensive measures" in the Prospectus.

##### PROFILE OF A TYPICAL INVESTOR
The Fund is available to a wide range of investors seeking access to a portfolio managed in accordance with a specific investment objective and policy.
A potential investor should choose the Class that best suits such investor’s needs. When choosing a Class, potential investors should consider the following:
- How much the investor plans to invest;
- How long the investor expects to own the Shares;
- The expenses paid in respect of each Class;
- Whether the investor qualifies for any reduction or waiver of sales charges; and
- The currency of the share class.


##### INVESTMENT RESTRICTIONS
The Fund’s investments will be limited to investments permitted by the UCITS Regulations and other applicable restrictions as set out in Appendix 4 to the Prospectus.

##### USE	OF	INVESTMENT	TECHNIQUES	AND	INSTRUMENTS	AND	FINANCIAL	DERIVATIVE INSTRUMENTS
Subject to the ability of the Fund to invest in financial derivative instruments for investment purposes, as set out under “Investment Objective and Policies” above, the Sub-Investment Adviser may only employ investment techniques and instruments, such as trading in futures, options and swaps and other financial derivative instruments for efficient portfolio management (i.e. reduction of risk, reduction of costs, generation of additional capital or income for the Fund) and the Sub-Investment Adviser is required to comply with the conditions and limits from time to time laid down by the Central Bank. Further information is set out under “Use of Investment Techniques and Instruments and Financial Derivatives Instruments” and “Types and description of financial derivative instruments” in the Prospectus.
The primary method of calculation of global exposure for the Fund is the commitment approach method. However, the VaR model may be employed where there is a higher volume or more complex usage of derivative strategies or there is a change in the risk profile of the Fund.

##### SECURITIES FINANCING TRANSACTIONS REGULATION
As more particularly described under “Securities Financing Transactions Regulation” in the Prospectus, subject to the investment restrictions set out in Appendix 4 to the Prospectus and any investment restriction set out in the section of the Supplement entitled “Investment Objective and Policies”: (a) with respect to
permitted investments in total return swaps, the Fund can invest a maximum of 100% of its Net Asset Value; and (b) the Fund can invest a maximum of 100% of its Net Asset Value in Securities Financing Transactions. Subject to the above limits, it is expected that the Fund will generally invest in the range of 0 - 20% if its Net Asset Value in total return swaps and Securities Financing Transactions.

##### RISK FACTORS AND SPECIAL CONSIDERATIONS
Investors’ attention is drawn to the risk factors and other special considerations which may affect the Fund as set out under “Risk factors and special considerations” in the Prospectus. This does not purport to be an exhaustive list of the risk factors relating to investment in the Fund and investors’ attention is drawn to the description of the instruments set out in the section entitled “Investment Objective and Policies” above.

##### DISTRIBUTION POLICY
As more particularly described under “The Shares” in the Prospectus and in the section of the Supplement entitled “Classes of Shares”, Distributing Share Classes may differ in terms of their distribution frequency. Distributing Share Classes may distribute monthly, quarterly, semi-annually or annually as determined at the launch of the relevant Share Class. The distribution frequency of Share Classes are set out in the table below:
| Frequency of Distribution | Dates of Distribution Declaration |
| --- | --- |
| Accumulating Share Classes |
| Not applicable | Not applicable |
| Distributing Share Classes |
| Monthly | Monthly, normally on the fifteenth day of each month unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Quarterly | Quarterly, normally on 15 January, 15 April, 15 July and 15 October unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Semi-annually | Semi-annually, normally on 15 April and 15 October unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Annually | Annually, normally on 15 October unless it is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned date. |


##### TRADE CUT-OFF AND SETTLEMENT TIMES
Subscription orders for Shares received and accepted by or on behalf of the Transfer Agent or the Company and/or the Manager prior to the Trade Cut-Off Times on a Business Day specified in the tables below will be processed at the offering price determined on that Business Day. Subscription orders to subscribe for Shares received by or on behalf of the Transfer Agent or the Company and/or the Manager after the Trade Cut-Off Time on the relevant Business Day will be processed at the offering price determined on the next Business Day. If payment for subscription orders is not received by the relevant Settlement Time, a subscription may
be cancelled or the Shareholder may be charged interest on the outstanding subscription monies at normal commercial rates. In such an event, the Distribution Agent or the Shareholder may be held liable for any loss to the Fund.
Processing of redemption orders is subject to receipt and acceptance by or on behalf of the Transfer Agent or the Company and/or the Manager of a valid redemption order. Subject to the provisions set out under “Limitations on Redemptions” in the Prospectus, redemption orders received and accepted by or on behalf of the Transfer Agent or by the Company and/or the Manager prior to the Trade Cut-Off Time on a Business Day will be processed at the net asset value per Share determined on that Business Day.
| Subscription | Trade cut-off Time | Settlement Time |
| --- | --- | --- |
| Subscriptions (other than Class Z Shares) | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |
| Subscriptions made directly to the Transfer Agent by Qualifying Institutional Investors/Class Z Shares | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | 3:30pm, London time on T |
| Redemption | Trade cut-off Time | Settlement Time |
| All Redemptions | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |


##### THE SUB-INVESTMENT ADVISER
The Manager has appointed JCIL to be the Company’s investment adviser. As at the date of this Supplement, JCIL has delegated to JCM and HGIL responsibility for providing discretionary investment management and advisory services the whole or part of the assets of the Fund.

##### FEES AND EXPENSES
Details of the fees and expenses attaching to an investment in a Fund (including initial sales charges, CDSCs, dilution adjustment, investment management fees and distribution fees) are set out in the section entitled “Fees and Expenses” in the Prospectus and a summary of which is set out below. The Fees and Expenses to Capital Share Classes may charge certain fees and expenses to capital rather than income.
| Fee Type | Class A Shares | Class B Shares | Class E Shares | Class G Shares | Class H Shares | Class I Shares | Class S Shares | Class V Shares | Class Z Shares |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Initial Sales Charge | Up to 5.00% of the amount subscribed | N/A | Up to 1.00% of the amount subscribed | N/A | N/A | Up to 2.00% of the amount subscribed | Up to 2.00% of the amount subscribed | N/A | N/A |
| CDSC < 1 year since purchase 1-2 years 2-3 years 3-4 years >4 years since purchase | N/A | 4% 3% 2% 1% 0% | N/A | N/A | N/A | N/A | N/A | 3% 2% 1% 0% - | N/A |
| Shareholder Service Fees | Up to 0.40% of | Up to 0.75% of | Up to 1.00% of | N/A | N/A | N/A | N/A | Up to 0.75% of | N/A |

|  | net asset value | net asset value | net asset value |  |  |  |  | net asset value |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Distribution Fees | N/A | Up to 1.00% of net asset value | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investment Management Fee | Up to 0.55% of net asset value. | Up to 1.00% of net asset value. | Up to 0.55% of net asset value. | Up to 0.60% of net asset value. | Up to 0.55% of net asset value. | Up to 0.50% of net asset value. | Up to 0.60% of net asset value. | Up to 1.00% of net asset value. | See Prospectus |
| Performance Fee | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Fee and Expenses Cap | 1.20% of net asset value | N/A | 1.40% of net asset value | 0.85% of net asset value | 0.70% of net asset value | 0.60% of net asset value | 0.85% of net asset value | 2.50% of net asset value | See Prospectus |


##### DILUTION ADJUSTMENT
A dilution adjustment may be applied to the Net Asset Value per Share of the Fund on a dealing day (i) if net subscriptions or redemptions exceed a pre-determined threshold relating to the Fund’s Net Asset Value (where such a threshold has been pre-determined for the Fund from time to time by the Manager) or (ii) in any other cases where there are net subscriptions or redemptions in the Fund and the Manager or its delegate reasonably believes that imposing a dilution adjustment is in the best interests of existing Shareholders.

##### CLASSES OF SHARES
As more particularly described in the Prospectus under “The Shares”, the Company offers 11 Classes of Shares with various distribution policies, distribution frequencies, hedging policies and currencies in each Class. The name of each Class of Shares offered by the Company enables Shareholders to identify the distribution policy, distribution frequency, hedging policy and currency of a Class by reference to sub- classifications. The table below sets out details of the Classes of Shares in the Fund approved by the Central Bank, and the Classes which are available for purchase as at the date of this Supplement.
Where a Class of Shares in any Fund has not previously been issued or is being re-offered, then initial subscriptions for such Shares will be accepted: (i) on such date(s) to be determined by the Manager and notified in advance to the Central Bank; and (ii) the initial offer price and re-offer price as set out in the Prospectus under “Initial offers of share classes”. Alternatively, in the case of a Fund which already has one or more Classes of Shares in issue, the initial offer price per Share for subsequent Classes of Shares issued in respect of that Fund may be the net asset value per Share of such other Class of Shares of that Fund as may be determined by the Manager and notified in advance to the Central Bank and potential Shareholders.
| SHARE CLASSES approved by the Central Bank as at the date of this Supplement |
| --- |
| US Dollar Classes | Euro Classes | Pound Sterling Classes | Hong Kong Dollar Classes | Australia Dollar Classes | Swiss Franc Classes | Canadian Dollar Classes | Renminbi (CNH) Classes | Swedish Kronor Classes | New Zealand dollar Classes | Singapore Dollar Classes | Japanese Yen Classes |
| A2 USD E2 USD I2 USD S2 USD H2 USD G2 USD V2 USD Z2 USD A3 m USD I1 m USD H1 m USD Z1 USD A3 USD A3s USD A3q USD A3m USD A4q USD A4m USD A5m USD I1 USD I3 USD I3s USD I3q USD I3m USD I4q USD I4m USD I5m USD H1 USD H3 USD H3s USD H3q USD H3m USD H4q USD H4m USD H5m USD G1 USD G3 USD G3s USD G3q USD G3m USD G4q USD G4m USD G5m USD E1 USD E3 USD E3s USD E3q USD E3m USD E4q USD E4m USD E5m USD | A2 HEUR B2 HEUR E2 HEUR I2 HEUR S2 HEUR H2 HEUR G2 HEUR V2 HEUR Z2 EUR A3 m HEUR E3 m HEUR I1 m HEUR A3 HEUR A3s HEUR A3q HEUR A3m HEUR A4q HEUR A4m HEUR A5m HEUR I1 HEUR I3 HEUR I3s HEUR I3q HEUR I3m HEUR I4q HEUR I4m HEUR I5m HEUR H1 HEUR H3 HEUR H3s HEUR H3q HEUR H3m HEUR H4q HEUR H4m HEUR H5m HEUR G1 HEUR G3 HEUR G3s HEUR G3q HEUR G3m HEUR G4q HEUR G4m HEUR G5m HEUR E1 HEUR E3 HEUR E3s HEUR E3q HEUR E3m HEUR E4q HEUR E4m HEUR E5m HEUR A2 EUR A3m EUR I2 EUR I3m EUR H2 EUR H3m EUR G2 EUR G3m EUR | I2 HGBP I2 GBP S2 HGBP H2 HGBP H2 GBP G2 HGBP G2 GBP Z2 GBP Z2 HGBP H1 HGBP H3 HGBP H3s HGBP H3q HGBP H3m HGBP H4q HGBP H4m HGBP H5m HGBP G1 HGBP G3 HGBP G3s HGBP G3q HGBP G3m HGBP G4q HGBP G4m HGBP G5m HGBP I1 HGBP I3 HGBP I3s HGBP I3q HGBP I3m HGBP I4q HGBP I4m HGBP I5m HGBP | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD A3 HKD A3s HKD A3q HKD A3m HKD A4q HKD A4m HKD A5m HKD I1 HKD I3 HKD I3s HKD I3q HKD I3m HKD I4q HKD I4m HKD I5m HKD H1 HKD H3 HKD H3s HKD H3q HKD H3m HKD H4q HKD H4m HKD H5m HKD G1 HKD G3 HKD G3s HKD G3q HKD G3m HKD G4q HKD G4m HKD G5m HKD E1 HKD E3 HKD E3s HKD E3q HKD E3m HKD E4q HKD E4m HKD E5m HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD A3 HAUD A3s HAUD A3q HAUD A3m HAUD A4q HAUD A4m HAUD A5m HAUD I1 HAUD I3 HAUD I3s HAUD I3q HAUD I3m HAUD I4q HAUD I4m HAUD I5m HAUD H1 HAUD H3 HAUD H3s HAUD H3q HAUD H3m HAUD H4q HAUD H4m HAUD H5m HAUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF G2 HCHF Z2 CHF A3 HCHF A3s HCHF A3q HCHF A3m HCHF A4q HCHF A4m HCHF A5m HCHF I1 HCHF I3 HCHF I3s HCHF I3q HCHF I3m HCHF I4q HCHF I4m HCHF I5m HCHF H1 HCHF H3 HCHF H3s HCHF H3q HCHF H3m HCHF H4q HCHF H4m HCHF H5m HCHF G1 HCHF G3 HCHF G3s HCHF G3q HCHF G3m HCHF G4q HCHF G4m HCHF G5m HCHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH A5m HCNH A3 HCNH A3s HCNH A3q HCNH A3m HCNH A4q HCNH A4m HCNH A5m HCNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD A3 HSGD A3s HSGD A3q HSGD A3m HSGD A4q HSGD A4m HSGD A5m HSGD A3 SGD A3s SGD A3q SGD A3m SGD A4q SGD A4m SGD A5m SGD I1 HSGD I3 HSGD I3s HSGD I3q HSGD I3m HSGD I4q HSGD I4m HSGD I5m HSGD I1 SGD I3 SGD I3s SGD I3q SGD I3m SGD I4q SGD I4m SGD I5m SGD | Z1 HJPY Z1 JPY |


###### Supplement for the

###### Janus Henderson Multi-Sector Income Fund
The date of this Supplement is 26 February 2021.

###### This Supplement contains information specific to the Janus Henderson Multi-Sector Income Fund (the “Fund”), a sub-fund of Janus Henderson Capital Funds plc (the “Company”). The Company is a UCITS established as an umbrella investment company with segregated liability between Funds with variable capital incorporated in Ireland and regulated by the Central Bank.

###### This Supplement forms part of and should be read in conjunction with the latest Prospectus. The Prospectus may be revised or supplemented from time to time. All capitalised terms used in this Supplement and not otherwise defined herein shall have the meanings set forth in the Prospectus.

##### SUMMARY

###### The information set out under this heading is a summary of the principal features of the Fund, and should be read in conjunction with the full text of this Supplement.
| Classes of Shares | Details of the Classes of Shares are set out in the section below entitled “Classes of Shares”. |
| --- | --- |
| Investors should note that, as at the date of this Supplement, only certain Classes of Shares of the Fund are currently available for purchase. Furthermore, not all Classes of Shares are available in all jurisdictions and investors are requested to contact the relevant Distribution Agent for a list of Classes of Shares available to them. |
| Frequency of Subscriptions, Redemptions and Exchanges | Unless otherwise determined by the Directors and/or the Manager, subscriptions for and redemptions and exchanges of Shares may be made on any Business Day subject to the procedures described in the sections of the Prospectus entitled “How to Purchase Shares”, “How to Redeem Shares” and “How to Exchange or Transfer Shares”. |
| Minimum Subscriptions | The minimum initial and subsequent subscriptions applicable to each Class within the Fund are set out in the section entitled “How to purchase shares” in the Prospectus. |
| Suitability of Classes | Suitability of Classes and eligibility of investors for particular Classes are described in the section entitled “The Shares” in the Prospectus. |
| Base Currency | US Dollar |


##### INVESTMENT OBJECTIVE AND POLICIES
The Fund’s investment objective is to seek high current income with a secondary focus on capital appreciation. The Fund invests principally in a multi-sector portfolio of Debt Securities from issuers located anywhere in the world. US issuers will typically make up at least 80% of its net asset value and at all times at least 70% of its net asset value. Typical sectors in which the Fund could invest would include, but are not limited to, corporate credit, mortgage-backed securities, asset-backed securities, Government Securities, loan participations, high yield securities and emerging markets securities.
The Fund has no pre-established maturity or quality standards, and its average maturity and quality may vary substantially. The Fund may invest in Government Securities, mortgage-and asset-backed securities and collateralised mortgage obligations issued or guaranteed by any OECD government, its agencies or instrumentalities or by a private issuer, convertible bonds, preference shares. The mortgage-backed, asset- backed securities, collateralised mortgage obligations and convertible bonds in which the Fund may invest will not contain embedded derivatives and/or leverage.The Fund may invest up to 65% of its net asset value in
Debt Securities or preference shares rated below investment grade or unrated Debt Securities of similar quality as determined by the relevant Sub-Investment Adviser and may have substantial holdings in such securities.
The Fund may employ investment techniques and instruments, such as trading in futures, options and swaps and other financial derivative instruments for efficient portfolio management (ie reduction of risk, reduction of costs, generation of additional capital or income for the Fund) or for investment purposes as described in the “Types and Description of Financial Derivative Instruments” section herein, subject to the conditions and within the limits from time to time laid down by the Central Bank to gain or hedge exposure to the investments contemplated in these investment policies.
Performance target: To outperform the Bloomberg Barclays US Aggregate Bond Index by 1.25% per annum, before the deduction of charges, over any 5 year period.
The Fund is Actively Managed with reference to the Bloomberg Barclays US Aggregate Bond Index, which is broadly representative of the bonds in which it may invest, as this forms the basis of the Fund's performance target. The Sub-Investment Advisers have discretion to choose investments for the Fund with weightings different to the index or not in the index, but at times the Fund may hold investments similar to the index. Details of the Fund’s performance are available in the annual reports and semi-annual reports, the marketing materials and in the KIID. There is no guarantee that the Fund’s performance will match or exceed that benchmark.
The Sub-Investment Advisers seeks to identify future winners and losers to express their high-conviction views. A bottom-up, fundamentally driven investment process focused on companies around the world committed to transforming and improving their balance sheets, free cash flow generation, quality of management and security valuation drive security selection. This approach rests on a belief that some companies have inherent strengths, have better prospects than their peer groups and should therefore outperform even in challenging industrial and economic circumstances. A dynamic top down framework enables the Sub-Investment Advisers to make active sector allocation decisions based upon assessment of the stage of credit cycle, form views on market outlook, identify opportunities and take an appropriate amount of risk across sectors and geographies.

###### Due to its exposure to below investment grade securities and Developing Markets, an investment in the Fund should not constitute a substantial proportion of an investment portfolio and may not be appropriate for all investors.
Subject to the investment policies set forth herein, the Fund may invest in a wide variety of income producing Government Securities and Debt Securities, Indexed/Structured Securities, mortgage-and asset-backed securities issued or guaranteed by any OECD government, its agencies or instrumentalities or by a private issuer, zero coupon, pay-in-kind (ie, bonds which may pay interest in the form of additional bonds of the same kind) and Step Coupon Securities, preference shares and income-producing equities, REITs, convertible bonds ie Debt Securities that carry with them the right to acquire equities as evidenced by warrants attached to or acquired with such securities, or Debt Securities convertible into equities. Subject to the investment policies set forth herein, the Fund may invest in equities and other equity securities (such as securities convertible into equities). The Fund may invest directly or indirectly (ie through depositary receipts including American Depositary Receipts, European Depositary Receipts and Global Depositary Receipts) in the relevant markets. In addition the Fund may purchase participations in or assignments of floating rate mortgages or other commercial loans that are liquid and will provide for interest rate adjustments at least every 397 days and which may be secured by real estate or other assets. These participations may be interests in, or assignments of, the loan and may be acquired from banks or brokers that have made the loan or members of the lending syndicate. Such participations will not exceed 20% of the net asset value of the Fund in the aggregate.
Subject to the investment policies set forth herein, the Fund may invest without limit in Debt Securities and preference shares rated below investment grade. The Fund may also purchase defaulted securities if, in the opinion of the relevant Sub-Investment Adviser, it appears likely that the issuer may resume interest payments or other advantageous developments appear likely in the near term.
The Fund may invest up to 5% of its net asset value in the securities of other Eligible Collective Investment Schemes. Such investment includes investing in other Funds. However the Fund may not invest in another
Fund which itself holds Shares in other Funds. Where the Fund invests in another Fund, the Fund may not charge an annual management and/or investment management fee in respect of the portion of its assets invested in the other Fund.
The Fund may invest in financial derivative instruments for efficient portfolio management purposes. The Fund’s investment in financial derivative instruments will be subject to the limits set out within the Fund’s investment policy and the conditions and limits from time to time laid down by the Central Bank. There will be circumstances in which the Fund will be leveraged in using financial derivative instruments. The Fund is permitted to invest up to 100% of its net asset value in financial derivative instruments for investment purposes. The maximum amount of leverage, when calculated using the commitment approach, which the Fund can create through the use of financial derivative instruments is 100% of the net asset value of the Fund. However, Shareholders should note that, given the nature of financial derivative instruments and the fact that such instruments may be traded on margin, a relatively small adverse price movement in the underlying of a given financial derivative instrument may result in immediate and substantial movements in the exposure a Fund to that financial derivative instrument. In the event that any of the financial derivative instruments related exposure limits are exceeded for reasons beyond the control of the Fund, the Fund will remedy such situation as a priority, taking due account of the interests of its Shareholders.

##### USE OF TEMPORARY DEFENSIVE MEASURES
In certain circumstances, on a temporary and exceptional basis, when the Investment Adviser or Sub- Investment Adviser deems it to be in the best interests of Shareholders, the Fund may not adhere to its investment policies as disclosed above. For further information, see "Use of temporary defensive measures" in the Prospectus.

##### PROFILE OF A TYPICAL INVESTOR
The Fund is available to a wide range of investors seeking access to a portfolio managed in accordance with a specific investment objective and policy.
A potential investor should choose the Class that best suits such investor’s needs. When choosing a Class, potential investors should consider the following:
- How much the investor plans to invest;
- How long the investor expects to own the Shares;
- The expenses paid in respect of each Class;
- Whether the investor qualifies for any reduction or waiver of sales charges; and
- The currency of the share class.


##### INVESTMENT RESTRICTIONS
The Fund’s investments will be limited to investments permitted by the UCITS Regulations and other applicable restrictions as set out in Appendix 4 to the Prospectus.

##### USE	OF	INVESTMENT	TECHNIQUES	AND	INSTRUMENTS	AND	FINANCIAL	DERIVATIVE INSTRUMENTS
Subject to the ability of the Fund to invest in financial derivative instruments for investment purposes, as set out under “Investment Objective and Policies” above, the Sub-Investment Adviser may only employ investment techniques and instruments, such as trading in futures, options and swaps and other financial derivative instruments for efficient portfolio management (i.e. reduction of risk, reduction of costs, generation of additional capital or income for the Fund) and the Sub-Investment Adviser is required to comply with the conditions and limits from time to time laid down by the Central Bank. Further information is set out under “Use of Investment Techniques and Instruments and Financial Derivatives Instruments” and “Types and description of financial derivative instruments” in the Prospectus.
The primary method of calculation of global exposure for the Fund is the commitment approach method. However, the VaR model may be employed where there is a higher volume or more complex usage of derivative strategies or there is a change in the risk profile of the Fund.

##### SECURITIES FINANCING TRANSACTIONS REGULATION
As more particularly described under “Securities Financing Transactions Regulation” in the Prospectus, subject to the investment restrictions set out in Appendix 4 to the Prospectus and any investment restriction set out in the section of the Supplement entitled “Investment Objective and Policies”: (a) with respect to permitted investments in total return swaps, the Fund can invest a maximum of 100% of its Net Asset Value; and (b) the Fund can invest a maximum of 100% of its Net Asset Value in Securities Financing Transactions. Subject to the above limits, it is expected that the Fund will generally invest in the range of 0 - 20% if its Net Asset Value in total return swaps and Securities Financing Transactions.

##### RISK FACTORS AND SPECIAL CONSIDERATIONS
Investors’ attention is drawn to the risk factors and other special considerations which may affect the Fund as set out under “Risk factors and special considerations” in the Prospectus. This does not purport to be an exhaustive list of the risk factors relating to investment in the Fund and investors’ attention is drawn to the description of the instruments set out in the section entitled “Investment Objective and Policies” above.

##### DISTRIBUTION POLICY
As more particularly described under “The Shares” in the Prospectus and in the section of the Supplement entitled “Classes of Shares”, Distributing Share Classes may differ in terms of their distribution frequency. Distributing Share Classes may distribute monthly, quarterly, semi-annually or annually as determined at the launch of the relevant Share Class. The distribution frequency of Share Classes are set out in the table below:
| Frequency of Distribution | Dates of Distribution Declaration |
| --- | --- |
| Accumulating Share Classes |
| Not applicable | Not applicable |
| Distributing Share Classes |
| Monthly | Monthly, normally on the fifteenth day of each month unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Quarterly | Quarterly, normally on 15 January, 15 April, 15 July and 15 October unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Semi-annually | Semi-annually, normally on 15 April and 15 October unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Annually | Annually, normally on 15 October unless it is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned date. |


##### TRADE CUT-OFF AND SETTLEMENT TIMES
Subscription orders for Shares received and accepted by or on behalf of the Transfer Agent or the Company and/or the Manager prior to the Trade Cut-Off Times on a Business Day specified in the tables below will be processed at the offering price determined on that Business Day. Subscription orders to subscribe for Shares received by or on behalf of the Transfer Agent or the Company and/or the Manager after the Trade Cut-Off Time on the relevant Business Day will be processed at the offering price determined on the next Business Day. If payment for subscription orders is not received by the relevant Settlement Time, a subscription may be cancelled or the Shareholder may be charged interest on the outstanding subscription monies at normal commercial rates. In such an event, the Distribution Agent or the Shareholder may be held liable for any loss to the Fund.
Processing of redemption orders is subject to receipt and acceptance by or on behalf of the Transfer Agent or the Company and/or the Manager of a valid redemption order. Subject to the provisions set out under “Limitations on Redemptions” in the Prospectus, redemption orders received and accepted by or on behalf of the Transfer Agent or by the Company and/or the Manager prior to the Trade Cut-Off Time on a Business Day will be processed at the net asset value per Share determined on that Business Day.
| Subscription | Trade cut-off Time | Settlement Time |
| --- | --- | --- |
| Subscriptions (other than Class Z Shares) | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |
| Subscriptions made directly to the Transfer Agent by Qualifying Institutional Investors/Class Z Shares | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | 3:30pm, London time on T |
| Redemption | Trade cut-off Time | Settlement Time |
| All Redemptions | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |


##### THE SUB-INVESTMENT ADVISER
The Manager has appointed JCIL to be the Company’s investment adviser. As at the date of this Supplement, JCIL has delegated to JCM and HGIL responsibility for providing discretionary investment management and advisory services in respect of the whole or part of the assets of the Fund.

##### FEES AND EXPENSES
Details of the fees and expenses attaching to an investment in a Fund (including initial sales charges, CDSCs, dilution adjustment, investment management fees and distribution fees) are set out in the section entitled “Fees and Expenses” in the Prospectus and a summary of which is set out below. The Fees and Expenses to Capital Share Classes may charge certain fees and expenses to capital rather than income.
| Fee Type | Class A Shares | Class B Shares | Class E Shares | Class G Shares | Class H Shares | Class I Shares | Class S Shares | Class V Shares | Class Z Shares |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Initial Sales Charge | Up to 5.00% of the amount subscribed | N/A | Up to 1.00% of the amount subscribed | N/A | N/A | Up to 2.00% of the amount subscribed | Up to 2.00% of the amount subscribed | N/A | N/A |
| CDSC < 1 year since purchase 1-2 years 2-3 years | N/A | 4% 3% 2% | N/A | N/A | N/A | N/A | N/A | 3% 2% 1% | N/A |

| 3-4 years >4 years since purchase |  | 1% 0% |  |  |  |  |  | 0% - |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Shareholder Service Fees | Up to 0.50% of net asset value | Up to 0.75% of net asset value | Up to 1.00% of net asset value | N/A | N/A | N/A | N/A | Up to 0.75% of net asset value | N/A |
| Distribution Fees | N/A | Up to 1.00% of net asset value | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investment Management Fee | Up to 1.00% of net asset value. | Up to 1.00% of net asset value. | Up to 1.00% of net asset value. | Up to 0.60% of net asset value. | Up to 0.60% of net asset value. | Up to 0.70% of net asset value. | Up to 0.70% of net asset value. | Up to 1.00% of net asset value. | See Prospectus |
| Performance Fee | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Fee and Expenses Cap | 1.35% of net asset value | N/A | 1.85% of net asset value | 0.95% of net asset value | 0.95% of net asset value | 0.95% of net asset value | 0.95% of net asset value | 2.50% of net asset value | See Prospectus |


##### DILUTION ADJUSTMENT
A dilution adjustment may be applied to the Net Asset Value per Share of the Fund on a dealing day (i) if net subscriptions or redemptions exceed a pre-determined threshold relating to the Fund’s Net Asset Value (where such a threshold has been pre-determined for the Fund from time to time by the Manager) or (ii) in any other cases where there are net subscriptions or redemptions in the Fund and the Manager or their delegate reasonably believes that imposing a dilution adjustment is in the best interests of existing Shareholders.

##### CLASSES OF SHARES
As more particularly described in the Prospectus under “The Shares”, the Company offers 11 Classes of Shares with various distribution policies, distribution frequencies, hedging policies and currencies in each Class. The name of each Class of Shares offered by the Company enables Shareholders to identify the distribution policy, distribution frequency, hedging policy and currency of a Class by reference to sub- classifications. The table below sets out details of the Classes of Shares in the Fund approved by the Central Bank, and the Classes which are available for purchase as at the date of this Supplement.
Where a Class of Shares in any Fund has not previously been issued or is being re-offered, then initial subscriptions for such Shares will be accepted: (i) on such date(s) to be determined by the Manager and notified in advance to the Central Bank; and (ii) the initial offer price and re-offer price as set out in the Prospectus under “Initial offers of share classes”. Alternatively, in the case of a Fund which already has one or more Classes of Shares in issue, the initial offer price per Share for subsequent Classes of Shares issued in respect of that Fund may be the net asset value per Share of such other Class of Shares of that Fund as may be determined by the Manager and notified in advance to the Central Bank and potential Shareholders.
| SHARE CLASSES approved by the Central Bank as at the date of this Supplement |
| --- |
| US Dollar Classes | Euro Classes | Pound Sterling Classes | Hong Kong Dollar Classes | Australia Dollar Classes | Swiss Franc Classes | Canadian Dollar Classes | Renminbi (CNH) Classes | Swedish Kronor Classes | New Zealand dollar Classes | Singapore Dollar Classes | Japanese Yen Classes |
| A2 USD B2 USD E2 USD I2 USD S2 USD H2 USD G2 USD V2 USD Z2 USD A4 m USD E4 m USD I3m USD H3m USD A3 USD A3s USD A3q USD A3m USD A4q USD A5m USD I1 USD I3 USD I3s USD I3q USD I4q USD I4m USD I5m USD H1 USD H3 USD H3s USD H3q USD H4q USD H4m USD H5m USD G1 USD G3 USD G3s USD G3q USD G3m USD G4q USD G4m USD G5m USD E1 USD E3 USD E3s USD E3q USD E3m USD E4q USD E5m USD | A2 HEUR B2 HEUR E2 HEUR I2 HEUR S2 HEUR H2 HEUR G2 HEUR V2 HEUR Z2 EUR H3m HEUR A3 HEUR A3s HEUR A3q HEUR A3m HEUR A4q HEUR A4m HEUR A5m HEUR I1 HEUR I3 HEUR I3s HEUR I3q HEUR I3m HEUR I4q HEUR I4m HEUR I5m HEUR H1 HEUR H3 HEUR H3s HEUR H3q HEUR H4q HEUR H4m HEUR H5m HEUR G1 HEUR G3 HEUR G3s HEUR G3q HEUR G3m HEUR G4q HEUR G4m HEUR G5m HEUR E1 HEUR E3 HEUR E3s HEUR E3q HEUR E3m HEUR E4q HEUR E4m HEUR E5m HEUR A2 EUR A3m EUR I2 EUR I3m EUR H2 EUR H3m EUR G2 EUR G3m EUR | I2 HGBP I2 GBP S2 HGBP H2 HGBP H2 GBP G2 HGBP G2 GBP Z2 GBP Z2 HGBP H1 HGBP H3 HGBP H3s HGBP H3q HGBP H3m HGBP H4q HGBP H4m HGBP H5m HGBP G1 HGBP G3 HGBP G3s HGBP G3q HGBP G3m HGBP G4q HGBP G4m HGBP G5m HGBP I1 HGBP I3 HGBP I3s HGBP I3q HGBP I3m HGBP I4q HGBP I4m HGBP I5m HGBP | A2 HKD I2 HKD S2 HKD V2HKD Z2 HKD A3 HKD A3s HKD A3q HKD A3m HKD A4q HKD A4m HKD A5m HKD I1 HKD I3 HKD I3s HKD I3q HKD I3m HKD I4q HKD I4m HKD I5m HKD H1 HKD H3 HKD H3s HKD H3q HKD H3m HKD H4q HKD H4m HKD H5m HKD G1 HKD G3 HKD G3s HKD G3q HKD G3m HKD G4q HKD G4m HKD G5m HKD E1 HKD E3 HKD E3s HKD E3q HKD E3m HKD E4q HKD E4m HKD E5m HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD I3m HAUD A3 HAUD A3s HAUD A3q HAUD A3m HAUD A4q HAUD A4m HAUD A5m HAUD I1 HAUD I3 HAUD I3s HAUD I3q HAUD I3m HAUD I4q HAUD I4m HAUD I5m HAUD H1 HAUD H3 HAUD H3s HAUD H3q HAUD H3m HAUD H4q HAUD H4m HAUD H5m HAUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF G2 HCHF Z2 CHF A3 HCHF A3s HCHF A3q HCHF A3m HCHF A4q HCHF A4m HCHF A5m HCHF I1 HCHF I3 HCHF I3s HCHF I3q HCHF I3m HCHF I4q HCHF I4m HCHF I5m HCHF H1 HCHF H3 HCHF H3s HCHF H3q HCHF H3m HCHF H4q HCHF H4m HCHF H5m HCHF G1 HCHF G3 HCHF G3s HCHF G3q HCHF G3m HCHF G4q HCHF G4m HCHF G5m HCHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH A5m HCNH A3 HCNH A3s HCNH A3q HCNH A3m HCNH A4q HCNH A4m HCNH A5m HCNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD A2 SGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD A4 m HSGD A4 m SGD A3 HSGD A3s HSGD A3q HSGD A3m HSGD A4q HSGD A4m HSGD A5m HSGD A3 SGD A3s SGD A3q SGD A3m SGD A4q SGD A4m SGD A5m SGD I1 HSGD I3 HSGD I3s HSGD I3q HSGD I3m HSGD I4q HSGD I4m HSGD I5m HSGD I1 SGD I3 SGD I3s SGD I3q SGD I3m SGD I4q SGD I4m SGD I5m SGD | Z1 HJPY Z1 JPY Z2 HJPY Z2 JPY |


###### Supplement for the

###### Janus Henderson Absolute Return Income OpportunitiesFund
The date of this Supplement is 26 February 2021.

###### This Supplement contains information specific to the Janus Henderson Absolute Return Income Opportunities Fund (the “Fund”), a sub-fund of Janus Henderson Capital Funds plc (the “Company”). The Company is a UCITS established as an umbrella investment company with segregated liability between Funds with variable capital incorporated in Ireland and regulated by the Central Bank.

###### This Supplement forms part of and should be read in conjunction with the latest Prospectus. The Prospectus may be revised or supplemented from time to time. All capitalised terms used in this Supplement and not otherwise defined herein shall have the meanings set forth in the Prospectus.

##### SUMMARY

###### The information set out under this heading is a summary of the principal features of the Fund, and should be read in conjunction with the full text of this Supplement.
| Classes of Shares | Details of the Classes of Shares are set out in the section below entitled “Classes of Shares”. |
| --- | --- |
| Investors should note that, as at the date of this Supplement, only certain Classes of Shares of the Fund are currently available for purchase. Furthermore, not all Classes of Shares are available in all jurisdictions and investors are requested to contact the relevant Distribution Agent for a list of Classes of Shares available to them. |
| Frequency of Subscriptions, Redemptions and Exchanges | Unless otherwise determined by the Directors and/or the Manager, subscriptions for and redemptions and exchanges of Shares may be made on any Business Day subject to the procedures described in the sections of the Prospectus entitled “How to Purchase Shares”, “How to Redeem Shares” and “How to Exchange or Transfer Shares”. |
| Minimum Subscriptions | The minimum initial and subsequent subscriptions applicable to each Class within the Fund are set out in the section entitled “How to purchase shares” in the Prospectus. |
| Suitability of Classes | Suitability of Classes and eligibility of investors for particular Classes are described in the section entitled “The Shares” in the Prospectus. |
| Base Currency | US Dollar |


##### INVESTMENT OBJECTIVE AND POLICIES
The Fund’s investment objective is to seek to maximise total return consistent with the preservation of capital. The Fund seeks to provide long-term positive returns through various market environments (ie the typical cyclical expansion and contraction periods of the Business Cycle and the ensuing increasing and decreasing of interest rate levels due to market forces or central bank intervention).
The Fund seeks to achieve its objective by investing at least 80% of its net asset value in Debt Securities located anywhere in the world (including Developing Markets). Typical investments in which the Fund may invest include, but are not limited to, corporate credit, Government Securities, mortgage-backed securities, asset-backed securities, emerging market securities and high yield securities. The Fund may invest in securities of both investment grade and non-investment grade credit quality and may invest in securities that have not been rated by a ratings agency. The Fund has no pre-established maturity standards, but the weighted average maturity of the portfolio as a whole is expected to be below five years and it may have a negative duration.
The Fund may make significant use of financial derivative instruments, such as futures, options, forward commitments and swap agreements to try to enhance returns or to reduce the risk of loss of certain of its holdings or to manage duration.
As noted above, the Fund may make significant use of financial derivative instruments and may employ investment techniques and instruments, such as trading in futures, options and swaps and other derivative instruments for efficient portfolio management (ie reduction of risk, reduction of costs, generation of additional capital or income for the Fund) or for investment purposes as described in the “Types and Description of Financial Derivative Instruments” section herein, subject to the conditions and within the limits from time to time laid down by the Central Bank) to gain or hedge exposure to the investments contemplated in these investment policies.
Performance target: To outperform the FTSE 3-Month US Treasury Bill Index by at least 3% per annum, before the deduction of charges, over any 5 year period.
The Fund is Actively Managed with reference to the benchmark as this forms the basis of the Fund's performance target. The Sub-Investment Adviser has complete discretion to choose investments for the Fund and is not constrained by an index. Details of the Fund’s performance are available in the annual reports and semi-annual reports, the marketing materials and in the KIID. There is no guarantee that the Fund’s performance will match or exceed that benchmark.
The Sub-Investment Adviser constructs a portfolio around a core of shorter maturity, global investment grade securities seeking to generate yield above cash, and by applying secular and opportunistic views across countries, currencies and sectors to enhance return and mitigate downside risk. The Sub-Investment Adviser will seek to manage the portfolio through the various market environments using a variety of strategies, including, but not limited to, adjusting the overall credit exposure, credit quality, and interest rate duration of the portfolio and the allocation to cash. The Fund seeks the best risk adjusted opportunities across sectors, countries and credit risk.
The Fund will make significant use of financial derivative instruments. The market risk of the Fund will be measured using the VaR methodology. The absolute VaR of the Fund will not exceed 14.1% of the Fund’s Net Asset Value. It is expected that under normal market conditions, the Fund’s leverage, as calculated using the sum of the notionals of the derivatives held by the Fund (the “Notionals Approach”), will typically range from 0 to 800% of the Fund’s Net Asset Value. Under exceptional circumstances, it is expected that the Fund may be leveraged up to 1000% (using the Notionals Approach) of the Fund’s Net Asset Value. Exceptional circumstances may include periods characterised by (i) lack of liquidity, particularly in securities listed, traded or dealt on a Regulated Market, causing the Sub-Investment Adviser to seek exposure in derivatives markets; (ii) volatility; or (iii) imperfect correlations and unanticipated market conditions. If the Fund uses a high amount of leverage, especially the higher amount permitted in exceptional circumstances, it may have greater losses than would have occurred absent the high leverage. The leverage figure is calculated using the Notional Approach as is required by the UCITS Regulations. The notional value of the investments varies significantly from their market value which is why the leverage limits are high. These leverage limits do not take into account any netting and hedging arrangements that the Fund may have in place at any time even though these netting and hedging arrangements are used for risk reduction purposes.

###### Due to its exposure to below investment grade securities and Developing Markets, an investment in the Fund should not constitute a substantial proportion of an investment portfolio and may not be appropriate for all investors.
Subject to the investment policies set forth herein, the Fund may invest in a wide variety of income producing Government Securities and Debt Securities, Indexed/Structured Securities, mortgage-and asset-backed securities issued or guaranteed by any OECD government, its agencies or instrumentalities or by a private issuer, zero coupon, pay-in-kind (ie, bonds which may pay interest in the form of additional bonds of the same kind) and Step Coupon Securities, preference shares and income-producing equities, REITs, convertible bonds ie Debt Securities that carry with them the right to acquire equities as evidenced by warrants attached to or acquired with such securities, or Debt Securities convertible into equities. Subject to the investment policies set forth herein, the Fund may invest in equities and other equity securities (such as securities convertible into equities). The Fund may invest directly or indirectly (ie through depositary receipts including American Depositary Receipts, European Depositary Receipts and Global Depositary Receipts) in the relevant
markets. In addition the Fund may purchase participations in or assignments of floating rate mortgages or other commercial loans that are liquid and will provide for interest rate adjustments at least every 397 days and which may be secured by real estate or other assets. These participations may be interests in, or assignments of, the loan and may be acquired from banks or brokers that have made the loan or members of the lending syndicate. Such participations will not exceed 10% of the net asset value of the Fund in the aggregate. Subject to the investment policies set forth herein, the Fund may invest without limit in Debt Securities and preference shares rated below investment grade. The Fund may also purchase defaulted securities if, in the opinion of the relevant Sub-Investment Adviser, it appears likely that the issuer may resume interest payments or other advantageous developments appear likely in the near term.
The Fund may invest up to 5% of its net asset value in the securities of other Eligible Collective Investment Schemes. Such investment includes investing in other Funds. However the Fund may not invest in another Fund which itself holds Shares in other Funds. Where the Fund invests in another Fund, the Fund may not charge an annual management and/or investment management fee in respect of the portion of its assets invested in the other Fund.
The Fund may invest in financial derivative instruments for efficient portfolio management purposes. The Fund’s investment in financial derivative instruments will be subject to the limits set out within the Fund’s investment policy and the conditions and limits from time to time laid down by the Central Bank. The will be circumstances in which the Fund will be leveraged in using financial derivative instruments. The Fund is permitted to invest up to 100% of its net asset value in financial derivative instruments. The maximum amount of leverage, when calculated using the commitment approach, which the Fund can create through the use of financial derivative instruments is 100% of the net asset value of the Fund. However, Shareholders should note that, given the nature of financial derivative instruments and the fact that such instruments may be traded on margin, a relatively small adverse price movement in the underlying of a given financial derivative instrument may result in immediate and substantial movements in the exposure a Fund to that financial derivative instrument. In the event that any of the financial derivative instruments related exposure limits are exceeded for reasons beyond the control of the Fund, the Fund will remedy such situation as a priority, taking due account of the interests of its Shareholders.

##### USE OF TEMPORARY DEFENSIVE MEASURES
In certain circumstances, on a temporary and exceptional basis, when the Investment Adviser or Sub- Investment Adviser deems it to be in the best interests of Shareholders, the Fund may not adhere to its investment policies as disclosed above. For further information, see "Use of temporary defensive measures" in the Prospectus.

##### PROFILE OF A TYPICAL INVESTOR
The Fund is available to a wide range of investors seeking access to a portfolio managed in accordance with a specific investment objective and policy.
A potential investor should choose the Class that best suits such investor’s needs. When choosing a Class, potential investors should consider the following:
- How much the investor plans to invest;
- How long the investor expects to own the Shares;
- The expenses paid in respect of each Class;
- Whether the investor qualifies for any reduction or waiver of sales charges; and
- The currency of the share class.


##### INVESTMENT RESTRICTIONS
The Fund’s investments will be limited to investments permitted by the UCITS Regulations and other applicable restrictions as set out in Appendix 4 to the Prospectus.

##### USE	OF	INVESTMENT	TECHNIQUES	AND	INSTRUMENTS	AND	FINANCIAL	DERIVATIVE INSTRUMENTS
Subject to the ability of the Fund to invest in financial derivative instruments for investment purposes, as set out under “Investment Objective and Policies” above, the Sub-Investment Adviser may only employ investment techniques and instruments, such as trading in futures, options and swaps and other financial derivative instruments for efficient portfolio management (i.e. reduction of risk, reduction of costs, generation of additional capital or income for the Fund) and the Sub-Investment Adviser is required to comply with the conditions and limits from time to time laid down by the Central Bank. Further information is set out under “Use of Investment Techniques and Instruments and Financial Derivatives Instruments” and “Types and description of financial derivative instruments” in the Prospectus.
The Fund will utilise the VaR approach to calculation of global exposure. The VaR method will be used by the Fund to assist in qualitatively assessing and monitoring the Fund’s risk.

##### SECURITIES FINANCING TRANSACTIONS REGULATION
As more particularly described under “Securities Financing Transactions Regulation” in the Prospectus, subject to the investment restrictions set out in Appendix 4 to the Prospectus and any investment restriction set out in the section of the Supplement entitled “Investment Objective and Policies”: (a) with respect to permitted investments in total return swaps, the Fund can invest a maximum of 100% of its Net Asset Value; and (b) the Fund can invest a maximum of 100% of its Net Asset Value in Securities Financing Transactions. Subject to the above limits, it is expected that the Fund will generally invest in the range of 0 - 20% if its Net Asset Value in total return swaps and Securities Financing Transactions.

##### RISK FACTORS AND SPECIAL CONSIDERATIONS
Investors’ attention is drawn to the risk factors and other special considerations which may affect the Fund as set out under “Risk factors and special considerations” in the Prospectus. This does not purport to be an exhaustive list of the risk factors relating to investment in the Fund and investors’ attention is drawn to the description of the instruments set out in the section entitled “Investment Objective and Policies” above.

##### DISTRIBUTION POLICY
As more particularly described under “The Shares” in the Prospectus and in the section of the Supplement entitled “Classes of Shares”, Distributing Share Classes may differ in terms of their distribution frequency. Distributing Share Classes may distribute monthly, quarterly, semi-annually or annually as determined at the launch of the relevant Share Class. The distribution frequency of Share Classes are set out in the table below:
| Frequency of Distribution | Dates of Distribution Declaration |
| --- | --- |
| Accumulating Share Classes |
| Not applicable | Not applicable |
| Distributing Share Classes |
| Monthly | Monthly, normally on the fifteenth day of each month unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Quarterly | Quarterly, normally on 15 January, 15 April, 15 July and 15 October unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |

| Frequency of Distribution | Dates of Distribution Declaration |
| --- | --- |
| Semi-annually | Semi-annually, normally on 15 April and 15 October unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Annually | Annually, normally on 15 October unless it is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned date. |


##### TRADE CUT-OFF AND SETTLEMENT TIMES
Subscription orders for Shares received and accepted by or on behalf of the Transfer Agent or the Company and/or the Manager prior to the Trade Cut-Off Times on a Business Day specified in the tables below will be processed at the offering price determined on that Business Day. Subscription orders to subscribe for Shares received by or on behalf of the Transfer Agent or the Company and/or the Manager after the Trade Cut-Off Time on the relevant Business Day will be processed at the offering price determined on the next Business Day. If payment for subscription orders is not received by the relevant Settlement Time, a subscription may be cancelled or the Shareholder may be charged interest on the outstanding subscription monies at normal commercial rates. In such an event, the Distribution Agent or the Shareholder may be held liable for any loss to the Fund.
Processing of redemption orders is subject to receipt and acceptance by or on behalf of the Transfer Agent or the Company and/or the Manager of a valid redemption order. Subject to the provisions set out under “Limitations on Redemptions” in the Prospectus, redemption orders received and accepted by or on behalf of the Transfer Agent or by the Company and/or the Manager prior to the Trade Cut-Off Time on a Business Day will be processed at the net asset value per Share determined on that Business Day.
| Subscription | Trade cut-off Time | Settlement Time |
| --- | --- | --- |
| Subscriptions (other than Class Z Shares) | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |
| Subscriptions made directly to the Transfer Agent by Qualifying Institutional Investors/Class Z Shares | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | 3:30pm, London time on T |
| Redemption | Trade cut-off Time | Settlement Time |
| All Redemptions | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |


##### THE SUB-INVESTMENT ADVISER
The Manager has appointed JCIL to be the Company’s investment adviser. As at the date of this Supplement, JCIL has delegated to JCM, HGIL and Kapstream responsibility for providing discretionary investment management and advisory services in respect of the whole or part of the assets of the Fund.

##### FEES AND EXPENSES
Details of the fees and expenses attaching to an investment in a Fund (including initial sales charges, CDSCs, dilution adjustment, investment management fees and distribution fees) are set out in the section entitled “Fees and Expenses” in the Prospectus and a summary of which is set out below. The Fees and Expenses to Capital Share Classes may charge certain fees and expenses to capital rather than income.
| Fee Type | Class A Shares | Class B Shares | Class E Shares | Class G Shares | Class H Shares | Class I Shares | Class S Shares | Class V Shares | Class Z Shares |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Initial Sales Charge | Up to 5.00% of the amount subscribed | N/A | Up to 1.00% of the amount subscribed | N/A | N/A | Up to 2.00% of the amount subscribed | Up to 2.00% of the amount subscribed | N/A | N/A |
| CDSC < 1 year since purchase 1-2 years 2-3 years 3-4 years >4 years since purchase | N/A | 4% 3% 2% 1% 0% | N/A | N/A | N/A | N/A | N/A | 3% 2% 1% 0% - | N/A |
| Shareholder Service Fees | Up to 0.25% of net asset value | Up to 0.75% of net asset value | Up to 1.00% of net asset value | N/A | N/A | N/A | N/A | Up to 0.75% of net asset value | N/A |
| Distribution Fees | N/A | Up to 1.00% of net asset value | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investment Management Fee | Up to 1.00% of net asset value. | Up to 1.00% of net asset value. | Up to 1.00% of net asset value. | Up to 0.60% of net asset value. | Up to 0.60% of net asset value. | Up to 0.75% of net asset value. | Up to 0.75% of net asset value. | Up to 1.00% of net asset value. | See Prospectus |
| Performance Fee | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Fee and Expenses Cap | 1.05% of net asset value | N/A | 1.70% of net asset value | 0.55% of net asset value | 0.55% of net asset value | 0.70% of net asset value | 0.55% of net asset value | 2.50% of net asset value | See Prospectus |


##### DILUTION ADJUSTMENT
A dilution adjustment may be applied to the Net Asset Value per Share of the Fund on a dealing day (i) if net subscriptions or redemptions exceed a pre-determined threshold relating to the Fund’s Net Asset Value (where such a threshold has been pre-determined for the Fund from time to time by the Manager) or (ii) in any other cases where there are net subscriptions or redemptions in the Fund and the Manager or its delegate reasonably believes that imposing a dilution adjustment is in the best interests of existing Shareholders.

##### CLASSES OF SHARES
As more particularly described in the Prospectus under “The Shares”, the Company offers 11 Classes of Shares with various distribution policies, distribution frequencies, hedging policies and currencies in each Class. The name of each Class of Shares offered by the Company enables Shareholders to identify the distribution policy, distribution frequency, hedging policy and currency of a Class by reference to sub- classifications. The table below sets out details of the Classes of Shares in the Fund approved by the Central Bank, and the Classes which are available for purchase as at the date of this Supplement.
Where a Class of Shares in any Fund has not previously been issued or is being re-offered, then initial subscriptions for such Shares will be accepted: (i) on such date(s) to be determined by the Manager and notified in advance to the Central Bank; and (ii) the initial offer price and re-offer price as set out in the Prospectus under “Initial offers of share classes”. Alternatively, in the case of a Fund which already has one or more Classes of Shares in issue, the initial offer price per Share for subsequent Classes of Shares issued
in respect of that Fund may be the net asset value per Share of such other Class of Shares of that Fund as may be determined by the Manager and notified in advance to the Central Bank and potential Shareholders.
|  | SHARE CLASSES approved by the Central Bank as at the date of this Supplement |
| --- | --- |
| US | Euro | Pound | Hong | Australia | Swiss | Canadian | Renminbi | Swedish | New | Singapore | Japanese | Norwegian |
| Dollar | Classes | Sterling | Kong | Dollar | Franc | Dollar | (CNH) | Kronor | Zealand | Dollar | Yen | Krone |
| Classes |  | Classes | Dollar | Classes | Classes | Classes | Classes | Classes | dollar | Classes | Classes | Classes |
|  |  |  | Classes |  |  |  |  |  | Classes |  |  |  |
| A2 USD B2 USD E2 USD I2 USD S2 USD H2 USD G2 USD V2 USD Z2 USD A4mUSD E4m USD H1 m USD A3 USD A3s USD A3q USD A3m USD A4q USD A5m USD I1 USD I3 USD I3s USD I3q USD I3m USD I4q USD I4m USD I5m USD H1 USD H3 USD H3s USD H3q USD H3m USD H4q USD H4m USD H5m USD G1 USD G3 USD G3s USD G3q USD G3m USD G4q USD G4m USD G5m USD E1 USD E3 USD E3s USD E3q USD E3m USD E4q USD | A2 HEUR B2 HEUR E2 HEUR I2 HEUR S2 HEUR H2 HEUR G2 HEUR V2 HEUR Z2 EUR A4mHEUR E4m HEUR A3 HEUR A3s HEUR A3q HEUR A3m HEUR A4q HEUR A5m HEUR I1 HEUR I3 HEUR I3s HEUR I3q HEUR I3m HEUR I4q HEUR I4m HEUR I5m HEUR H1 HEUR H3 HEUR H3s HEUR H3q HEUR H3m HEUR H4q HEUR H4m HEUR H5m HEUR G1 HEUR G3 HEUR G3s HEUR G3q HEUR G3m HEUR G4q HEUR G4m HEUR G5m HEUR E1 HEUR E3 HEUR E3s HEUR E3q HEUR E3m HEUR E4q HEUR E5m HEUR | I2 HGBP I2 GBP S2 HGBP H2 HGBP H2 GBP G2 HGBP G2 GBP Z2 GBP Z2 HGBP H3 HGBP H3s HGBP H3q HGBP H3m HGBP H4q HGBP H4m HGBP H5m HGBP G1 HGBP G3 HGBP G3s HGBP G3q HGBP G3m HGBP G4q HGBP G4m HGBP G5m HGBP I1 HGBP I3 HGBP I3s HGBP I3q HGBP I3m HGBP I4q HGBP I4m HGBP I5m HGBP | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD A3 HKD A3s HKD A3q HKD A3m HKD A4q HKD A4m HKD A5m HKD I1 HKD I3 HKD I3s HKD I3q HKD I3m HKD I4q HKD I4m HKD I5m HKD H1 HKD H3 HKD H3s HKD H3q HKD H3m HKD H4q HKD H4m HKD H5m HKD G1 HKD G3 HKD G3s HKD G3q HKD G3m HKD G4q HKD G4m HKD G5m HKD E1 HKD E3 HKD E3s HKD E3q HKD E3m HKD E4q HKD E4m HKD E5m HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD A3 HAUD A3s HAUD A3q HAUD A3m HAUD A4q HAUD A4m HAUD A5m HAUD I1 HAUD I3 HAUD I3s HAUD I3q HAUD I3m HAUD I4q HAUD I4m HAUD I5m HAUD H1 HAUD H3 HAUD H3s HAUD H3q HAUD H3m HAUD H4q HAUD H4m HAUD H5m HAUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF G2 HCHF Z2 CHF A3 HCHF A3s HCHF A3q HCHF A3m HCHF A4q HCHF A4m HCHF A5m HCHF I1 HCHF I3 HCHF I3s HCHF I3q HCHF I3m HCHF I4q HCHF I4m HCHF I5m HCHF H1 HCHF H3 HCHF H3s HCHF H3q HCHF H3m HCHF H4q HCHF H4m HCHF H5m HCHF G1 HCHF G3 HCHF G3s HCHF G3q HCHF G3m HCHF G4q HCHF G4m HCHF G5m HCHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH A3 HCNH A3s HCNH A3q HCNH A3m HCNH A4q HCNH A4m HCNH A5m HCNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD A2 SGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD A4mHSGD A4mSGD A4m HSGD A4 m SGD A3 HSGD A3s HSGD A3q HSGD A3m HSGD A4q HSGD A5m HSGD A3 SGD A3s SGD A3q SGD A3m SGD A4q SGD A5m SGD I1 HSGD I3 HSGD I3s HSGD I3q HSGD I3m HSGD I4q HSGD I4m HSGD I5m HSGD I1 SGD I3 SGD I3s SGD I3q SGD I3m SGD I4q SGD I4m SGD I5m SGD | Z2 JPY Z2 JPY | A2 HNOK I2 HNOK S2 HNOK H2 HNOK Z2 NOK |
| E5m USD |  |  |  |  |  |  |  |  |  |  |  |  |


###### Supplement for the

###### Janus Henderson High Yield Fund
The date of this Supplement is 26 February 2021.

###### This Supplement contains information specific to the Janus Henderson High Yield Fund (the “Fund”), a sub-fund of Janus Henderson Capital Funds plc (the “Company”). The Company is a UCITS established as an umbrella investment company with segregated liability between Funds with variable capital incorporated in Ireland and regulated by the Central Bank.

###### This Supplement forms part of and should be read in conjunction with the latest Prospectus. The Prospectus may be revised or supplemented from time to time. All capitalised terms used in this Supplement and not otherwise defined herein shall have the meanings set forth in the Prospectus.

##### SUMMARY

###### The information set out under this heading is a summary of the principal features of the Fund, and should be read in conjunction with the full text of this Supplement.
| Classes of Shares | Details of the Classes of Shares are set out in the section below entitled “Classes of Shares”. |
| --- | --- |
| Investors should note that, as at the date of this Supplement, only certain Classes of Shares of the Fund are currently available for purchase. Furthermore, not all Classes of Shares are available in all jurisdictions and investors are requested to contact the relevant Distribution Agent for a list of Classes of Shares available to them. |
| Frequency of Subscriptions, Redemptions and Exchanges | Unless otherwise determined by the Directors and/or the Manager, subscriptions for and redemptions and exchanges of Shares may be made on any Business Day subject to the procedures described in the sections of the Prospectus entitled “How to Purchase Shares”, “How to Redeem Shares” and “How to Exchange or Transfer Shares”. |
| Minimum Subscriptions | The minimum initial and subsequent subscriptions applicable to each Class within the Fund are set out in the section entitled “How to purchase shares” in the Prospectus. |
| Suitability of Classes | Suitability of Classes and eligibility of investors for particular Classes are described in the section entitled “The Shares” in the Prospectus. |
| Base Currency | US Dollar |


##### INVESTMENT OBJECTIVE AND POLICIES
The Fund’s primary investment objective is to obtain high current income. Capital appreciation is a secondary objective when consistent with the primary objective. The Fund invests at least 80% of its net asset value in Debt Securities or preference shares rated below investment grade or unrated Debt Securities of similar quality of US Issuers as determined by the relevant Sub-Investment Adviser, provided that at least 51% of its net asset value are invested in Debt Securities. The overall quality of the securities in this portfolio may vary greatly. The Fund may invest up to 20% of its net asset value in the securities of non-US issuers. The aggregate amount of the Fund which may be invested in securities traded on the Developing Markets is 10% of the net asset value of the Fund.
The Fund may employ investment techniques and instruments for investment purposes, such as trading in futures, options and swaps and other financial derivative instruments, subject to a limit of up to 10% of its net asset value and subject to the conditions and within the limits from time to time laid down by the Central Bank.
Performance target: To outperform the Bloomberg Barclays U.S. Corporate High Yield Bond Index by 1.25% per annum, before the deduction of charges, over any 5 year period
The Fund is Actively Managed with reference to the Bloomberg Barclays U.S. Corporate High Yield Bond Index, which is broadly representative of the bonds in which it may invest, as this forms the basis of the Fund's performance target. The Sub-Investment Adviser has discretion to choose investments for the Fund with weightings different to the index or not in the index, but at times the Fund may hold investments similar to the index. Details of the Fund’s performance are available in the annual reports and semi-annual reports, the marketing materials and in the KIID. There is no guarantee that the Fund’s performance will match or exceed that benchmark.
The Sub-Investment Adviser’s forward-looking fundamental credit research seeks to identify future winners and losers to express their high-conviction views. A bottom-up, fundamentally driven investment process focused on companies around the world committed to transforming and improving their balance sheets, free cash flow generation, quality of management and security valuation drive security selection. This approach rests on a belief that some companies have inherent strengths, have better prospects than their peer groups and should therefore outperform even in challenging industrial and economic circumstances. A dynamic top down framework enables the Sub-Investment Adviser to assess the stage of credit cycle, identify opportunities and take an appropriate amount of risk.

###### Due to its exposure to below investment grade securities, an investment in the Fund should not constitute a substantial proportion of an investment portfolio and may not be appropriate for all investors.
Subject to the investment policies set forth herein, the Fund may invest in a wide variety of income producing Government Securities and Debt Securities, Indexed/Structured Securities, mortgage-and asset-backed securities issued or guaranteed by any OECD government, its agencies or instrumentalities or by a private issuer, zero coupon, pay-in-kind (ie, bonds which may pay interest in the form of additional bonds of the same kind) and Step Coupon Securities, preference shares and income-producing equities, REITs, convertible bonds ie Debt Securities that carry with them the right to acquire equities as evidenced by warrants attached to or acquired with such securities, or Debt Securities convertible into equities. Subject to the investment policies set forth herein, the Fund may invest in equities and other equity securities (such as securities convertible into equities). The Fund may invest directly or indirectly (ie through depositary receipts including American Depositary Receipts, European Depositary Receipts and Global Depositary Receipts) in the relevant markets. In addition the Fund may purchase participations in or assignments of floating rate mortgages or other commercial loans that are liquid and will provide for interest rate adjustments at least every 397 days and which may be secured by real estate or other assets. These participations may be interests in, or assignments of, the loan and may be acquired from banks or brokers that have made the loan or members of the lending syndicate. Subject to the investment policies set forth herein, the Fund may invest without limit in Debt Securities and preference shares rated below investment grade. The Fund may also purchase defaulted securities if, in the opinion of the Sub-Investment Adviser, it appears likely that the issuer may resume interest payments or other advantageous developments appear likely in the near term.
Although it is anticipated that the Fund will invest Primarily in securities of U.S. Issuers, the Fund may invest up to 25% of its net asset value in the securities of non-US issuers. Generally such non-US investments will be traded on Regulated Markets that are not considered Developing Markets.
The Fund may invest up to 5% of its net asset value in the securities of other Eligible Collective Investment Schemes. Such investment includes investing in other Funds. However the Fund may not invest in another Fund which itself holds Shares in other Funds. Where the Fund invests in another Fund, the Fund may not charge an annual management and/or investment management fee in respect of the portion of its assets invested in the other Fund.
The Fund may invest in financial derivative instruments for efficient portfolio management purposes. The Fund’s investment in financial derivative instruments will be subject to the limits set out within the Fund’s investment policy and the conditions and limits from time to time laid down by the Central Bank. There will be circumstances in which the Fund will be leveraged in using financial derivative instruments. The Fund is permitted to invest up to 10% of its net asset value in financial derivative instruments for investment purposes. The maximum amount of leverage, when calculated using the commitment approach, which the Fund can
create through the use of financial derivative instruments is 100% of the net asset value of the Fund. However, Shareholders should note that, given the nature of financial derivative instruments and the fact that such instruments may be traded on margin, a relatively small adverse price movement in the underlying of a given financial derivative instrument may result in immediate and substantial movements in the exposure a Fund to that financial derivative instrument. In the event that any of the financial derivative instruments related exposure limits are exceeded for reasons beyond the control of the Fund, the Fund will remedy such situation as a priority, taking due account of the interests of its Shareholders.

##### USE OF TEMPORARY DEFENSIVE MEASURES
In certain circumstances, on a temporary and exceptional basis, when the Investment Adviser or Sub- Investment Adviser deems it to be in the best interests of Shareholders, the Fund may not adhere to its investment policies as disclosed above. For further information, see "Use of temporary defensive measures" in the Prospectus.

##### PROFILE OF A TYPICAL INVESTOR
The Fund is available to a wide range of investors seeking access to a portfolio managed in accordance with a specific investment objective and policy.
A potential investor should choose the Class that best suits such investor’s needs. When choosing a Class, potential investors should consider the following:
- How much the investor plans to invest;
- How long the investor expects to own the Shares;
- The expenses paid in respect of each Class;
- Whether the investor qualifies for any reduction or waiver of sales charges; and
- The currency of the share class.


##### INVESTMENT RESTRICTIONS
The Fund’s investments will be limited to investments permitted by the UCITS Regulations and other applicable restrictions as set out in Appendix 4 to the Prospectus.

##### USE	OF	INVESTMENT	TECHNIQUES	AND	INSTRUMENTS	AND	FINANCIAL	DERIVATIVE INSTRUMENTS
Subject to the ability of the Fund to invest in financial derivative instruments for investment purposes, as set out under “Investment Objective and Policies” above, the Sub-Investment Adviser may only employ investment techniques and instruments, such as trading in futures, options and swaps and other financial derivative instruments for efficient portfolio management (i.e. reduction of risk, reduction of costs, generation of additional capital or income for the Fund) and the Sub-Investment Adviser is required to comply with the conditions and limits from time to time laid down by the Central Bank. Further information is set out under “Use of Investment Techniques and Instruments and Financial Derivatives Instruments” and “Types and description of financial derivative instruments” in the Prospectus.
The primary method of calculation of global exposure for the Fund is the commitment approach method. However, the VaR model may be employed where there is a higher volume or more complex usage of derivative strategies or there is a change in the risk profile of the Fund.

##### SECURITIES FINANCING TRANSACTIONS REGULATION
As more particularly described under “Securities Financing Transactions Regulation” in the Prospectus, subject to the investment restrictions set out in Appendix 4 to the Prospectus and any investment restriction set out in the section of the Supplement entitled “Investment Objective and Policies”: (a) with respect to permitted investments in total return swaps, the Fund can invest a maximum of 10% of its Net Asset Value; and (b) the Fund can invest a maximum of 100% of its Net Asset Value in Securities Financing Transactions. Subject to the above limits, it is expected that the Fund will generally invest in the range of 0 - 20% if its Net Asset Value in total return swaps and Securities Financing Transactions.

##### RISK FACTORS AND SPECIAL CONSIDERATIONS
Investors’ attention is drawn to the risk factors and other special considerations which may affect the Fund as set out under “Risk factors and special considerations” in the Prospectus. This does not purport to be an exhaustive list of the risk factors relating to investment in the Fund and investors’ attention is drawn to the description of the instruments set out in the section entitled “Investment Objective and Policies” above.

##### DISTRIBUTION POLICY
As more particularly described under “The Shares” in the Prospectus and in the section of the Supplement entitled “Classes of Shares”, Distributing Share Classes may differ in terms of their distribution frequency. Distributing Share Classes may distribute monthly, quarterly, semi-annually or annually as determined at the launch of the relevant Share Class. The distribution frequency of Share Classes are set out in the table below:
| Frequency of Distribution | Dates of Distribution Declaration |
| --- | --- |
| Accumulating Share Classes |
| Not applicable | Not applicable |
| Distributing Share Classes |
| Monthly | Monthly, normally on the fifteenth day of each month unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Quarterly | Quarterly, normally on 15 January, 15 April, 15 July and 15 October unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Semi-annually | Semi-annually, normally on 15 April and 15 October unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Annually | Annually, normally on 15 October unless it is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned date. |


##### TRADE CUT-OFF AND SETTLEMENT TIMES
Subscription orders for Shares received and accepted by or on behalf of the Transfer Agent or the Company and/or the Manager prior to the Trade Cut-Off Times on a Business Day specified in the tables below will be processed at the offering price determined on that Business Day. Subscription orders to subscribe for Shares received by or on behalf of the Transfer Agent or the Company and/or the Manager after the Trade Cut-Off Time on the relevant Business Day will be processed at the offering price determined on the next Business Day. If payment for subscription orders is not received by the relevant Settlement Time, a subscription may be cancelled or the Shareholder may be charged interest on the outstanding subscription monies at normal commercial rates. In such an event, the Distribution Agent or the Shareholder may be held liable for any loss to the Fund.
Processing of redemption orders is subject to receipt and acceptance by or on behalf of the Transfer Agent or the Company and/or the Manager of a valid redemption order. Subject to the provisions set out under “Limitations on Redemptions” in the Prospectus, redemption orders received and accepted by or on behalf of the Transfer Agent or by the Company and/or the Manager prior to the Trade Cut-Off Time on a Business Day will be processed at the net asset value per Share determined on that Business Day.
| Subscription | Trade cut-off Time | Settlement Time |
| --- | --- | --- |
| Subscriptions (other than Class Z Shares) | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |
| Subscriptions made directly to the Transfer Agent by Qualifying Institutional Investors/Class Z Shares | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | 3:30pm, London time on T |
| Redemption | Trade cut-off Time | Settlement Time |
| All Redemptions | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |


##### THE SUB-INVESTMENT ADVISER
The Manager has appointed JCIL to be the Company’s investment adviser. As at the date of this Supplement, JCIL has delegated to JCM responsibility for providing discretionary investment management and advisory services in respect of the whole or part of the assets of the Fund.

##### FEES AND EXPENSES
Details of the fees and expenses attaching to an investment in a Fund (including initial sales charges, CDSCs, dilution adjustment, investment management fees and distribution fees) are set out in the section entitled “Fees and Expenses” in the Prospectus and a summary of which is set out below. The Fees and Expenses to Capital Share Classes may charge certain fees and expenses to capital rather than income.
| Fee Type | Class A Shares | Class B Shares | Class E Shares | Class G Shares | Class H Shares | Class I Shares | Class S Shares | Class V Shares | Class Z Shares |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Initial Sales Charge | Up to 5.00% of the amount subscribed | N/A | Up to 1.00% of the amount subscribed | N/A | N/A | Up to 2.00% of the amount subscribed | Up to 2.00% of the amount subscribed | N/A | N/A |
| CDSC < 1 year since purchase 1-2 years 2-3 years 3-4 years >4 years since purchase | N/A | 4% 3% 2% 1% 0% | N/A | N/A | N/A | N/A | N/A | 3% 2% 1% 0% - | N/A |
| Shareholder Service Fees | Up to 0.75% of net asset value | Up to 0.75% of net asset value | Up to 1.00% of net asset value | N/A | N/A | N/A | N/A | Up to 0.75% of net asset value | N/A |
| Distribution Fees | N/A | Up to 1.00% of | N/A | N/A | N/A | N/A | N/A | N/A | N/A |

| Fee Type | Class A Shares | Class B Shares | Class E Shares | Class G Shares | Class H Shares | Class I Shares | Class S Shares | Class V Shares | Class Z Shares |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  | net asset value |  |  |  |  |  |  |  |
| Investment Management Fee | Up to 1.00% of net asset value. | Up to 1.00% of net asset value. | Up to 1.00% of net asset value. | Up to 0.60% of net asset value. | Up to 0.60% of net asset value. | Up to 0.65% of net asset value. | Up to 0.65% of net asset value. | Up to 1.00% of net asset value. | See Prospectus |
| Performance Fee | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Fee and Expenses Cap | 2.25% of net asset value | 3.25% of net asset value | 2.50% of net asset value | 0.90% of net asset value | 0.90% of net asset value | 0.90% of net asset value | 0.90% of net asset value | 2.25% of net asset value | See Prospectus |


##### DILUTION ADJUSTMENT
A dilution adjustment may be applied to the Net Asset Value per Share of the Fund on a dealing day (i) if net subscriptions or redemptions exceed a pre-determined threshold relating to the Fund’s Net Asset Value (where such a threshold has been pre-determined for the Fund from time to time by the Manager) or (ii) in any other cases where there are net subscriptions or redemptions in the Fund and the Manager or its delegate reasonably believes that imposing a dilution adjustment is in the best interests of existing Shareholders.

##### CLASSES OF SHARES
As more particularly described in the Prospectus under “The Shares”, the Company offers 11 Classes of Shares with various distribution policies, distribution frequencies, hedging policies and currencies in each Class. The name of each Class of Shares offered by the Company enables Shareholders to identify the distribution policy, distribution frequency, hedging policy and currency of a Class by reference to sub- classifications. The table below sets out details of the Classes of Shares in the Fund approved by the Central Bank, and the Classes which are available for purchase as at the date of this Supplement.
Where a Class of Shares in any Fund has not previously been issued or is being re-offered, then initial subscriptions for such Shares will be accepted: (i) on such date(s) to be determined by the Manager and notified in advance to the Central Bank; and (ii) the initial offer price and re-offer price as set out in the Prospectus under “Initial offers of share classes”. Alternatively, in the case of a Fund which already has one or more Classes of Shares in issue, the initial offer price per Share for subsequent Classes of Shares issued in respect of that Fund may be the net asset value per Share of such other Class of Shares of that Fund as may be determined by the Manager and notified in advance to the Central Bank and potential Shareholders.
| SHARE CLASSES approved by the Central Bank as at the date of Supplement |
| --- |
| US Dollar Classes | Euro Classes | Pound Sterling Classes | Hong Kong Dollar Classes | Australia Dollar Classes | Swiss Franc Classes | Canadian Dollar Classes | Renminbi (CNH) Classes | Swedish Kronor Classes | New Zealand dollar Classes | Singapore Dollar |
| A2 USD B2 USD E2 USD I2 USD S2 USD H2 USD G2 USD V2 USD Z2 USD A3 m USD B1 m USD I3 m USD H1 m USD V3 m USD A3 USD A3s USD A3q USD A4q USD A4m USD A5m USD I1 USD I3 USD I3s USD I3q USD I4q USD I4m USD I5m USD H1 USD H3 USD H3s USD H3q USD H3m USD H4q USD H4m USD H5m USD G1 USD G3 USD G3s USD G3q USD G3m USD G4q USD G4m USD G5m USD E1 USD E3 USD E3s USD E3q USD E3m USD E4q USD E4m USD E5m USD | A2 HEUR B2 HEUR E2 HEUR I2 HEUR S2 HEUR H2 HEUR G2 HEUR V2 HEUR Z2 EUR B1 m HEUR E3 m HEUR A3 HEUR A3s HEUR A3q HEUR A3m HEUR A4q HEUR A4m HEUR A5m HEUR I1 HEUR I3 HEUR I3s HEUR I3q HEUR I3m HEUR I4q HEUR I4m HEUR I5m HEUR H1 HEUR H3 HEUR H3s HEUR H3q HEUR H3m HEUR H4q HEUR H4m HEUR H5m HEUR G1 HEUR G3 HEUR G3s HEUR G3q HEUR G3m HEUR G4q HEUR G4m HEUR G5m HEUR E1 HEUR E3 HEUR E3s HEUR E3q HEUR E3m HEUR E4q HEUR E4m HEUR | I2 HGBP I2 GBP S2 HGBP H2 HGBP H2 GBP G2 HGBP G2 GBP Z2 GBP Z2 HGBP H3 HGBP H3s HGBP H3q HGBP H3m HGBP H4q HGBP H4m HGBP H5m HGBP G1 HGBP G3 HGBP G3s HGBP G3q HGBP G3m HGBP G4q HGBP G4m HGBP G5m HGBP I1 HGBP I3 HGBP I3s HGBP I3q HGBP I3m HGBP I4q HGBP I4m HGBP I5m HGBP | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD A3 m HKD A3 HKD A3s HKD A3q HKD A3m HKD A4q HKD A4m HKD A5m HKD I1 HKD I3 HKD I3s HKD I3q HKD I3m HKD I4q HKD I4m HKD I5m HKD H1 HKD H3 HKD H3s HKD H3q HKD H3m HKD H4q HKD H4m HKD H5m HKD G1 HKD G3 HKD G3s HKD G3q HKD G3m HKD G4q HKD G4m HKD G5m HKD E1 HKD E3 HKD E3s HKD E3q HKD E3m HKD E4q HKD E4m HKD E5m HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD A3 m HAUD V3 m HAUD A3 HAUD A3s HAUD A3q HAUD A3m HAUD A4q HAUD A4m HAUD A5m HAUD I1 HAUD I3 HAUD I3s HAUD I3q HAUD I3m HAUD I4q HAUD I4m HAUD I5m HAUD H1 HAUD H3 HAUD H3s HAUD H3q HAUD H3m HAUD H4q HAUD H4m HAUD H5m HAUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF G2 HCHF Z2 CHF A3 HCHF A3s HCHF A3q HCHF A3m HCHF A4q HCHF A4m HCHF A5m HCHF I1 HCHF I3 HCHF I3s HCHF I3q HCHF I3m HCHF I4q HCHF I4m HCHF I5m HCHF H1 HCHF H3 HCHF H3s HCHF H3q HCHF H3m HCHF H4q HCHF H4m HCHF H5m HCHF G1 HCHF G3 HCHF G3s HCHF G3q HCHF G3m HCHF G4q HCHF G4m HCHF G5m HCHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH A3 m HCNH A3 HCNH A3s HCNH A3q HCNH A3m HCNH A4q HCNH A4m HCNH A5m HCNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD A3 HSGD A3s HSGD A3q HSGD A3m HSGD A4q HSGD A4m HSGD A5m HSGD A3 SGD A3s SGD A3q SGD A3m SGD A4q SGD A4m SGD A5m SGD I1 HSGD I3 HSGD I3s HSGD I3q HSGD I3m HSGD I4q HSGD I4m HSGD I5m HSGD I1 SGD I3 SGD I3s SGD I3q SGD I3m SGD I4q SGD I4m SGD I5m SGD |


###### Supplement for the

###### Janus Henderson US Short-Term Bond Fund
The date of this Supplement is 26 February 2021.

###### This Supplement contains information specific to the Janus Henderson US Short-Term Bond Fund (the “Fund”), a sub-fund of Janus Henderson Capital Funds plc (the “Company”). The Company is a UCITS established as an umbrella investment company with segregated liability between Funds with variable capital incorporated in Ireland and regulated by the Central Bank.

###### This Supplement forms part of and should be read in conjunction with the latest Prospectus. The Prospectus may be revised or supplemented from time to time. All capitalised terms used in this Supplement and not otherwise defined herein shall have the meanings set forth in the Prospectus.

##### SUMMARY

###### The information set out under this heading is a summary of the principal features of the Fund, and should be read in conjunction with the full text of this Supplement.
| Classes of Shares | Details of the Classes of Shares are set out in the section below entitled “Classes of Shares”. |
| --- | --- |
| Investors should note that, as at the date of this Supplement, only certain Classes of Shares of the Fund are currently available for purchase. Furthermore, not all Classes of Shares are available in all jurisdictions and investors are requested to contact the relevant Distribution Agent for a list of Classes of Shares available to them. |
| Frequency of Subscriptions, Redemptions and Exchanges | Unless otherwise determined by the Directors and/or the Manager, subscriptions for and redemptions and exchanges of Shares may be made on any Business Day subject to the procedures described in the sections of the Prospectus entitled “How to Purchase Shares”, “How to Redeem Shares” and “How to Exchange or Transfer Shares”. |
| Minimum Subscriptions | The minimum initial and subsequent subscriptions applicable to each Class within the Fund are set out in the section entitled “How to purchase shares” in the Prospectus. |
| Suitability of Classes | Suitability of Classes and eligibility of investors for particular Classes are described in the section entitled “The Shares” in the Prospectus. |
| Base Currency | US Dollar |


##### INVESTMENT OBJECTIVE AND POLICIES
The Fund’s investment objective is to seek as high a level of current income as is consistent with preservation of capital. It pursues its objective by investing at least 80% of its net asset value in short-and intermediate- term Debt Securities of US Issuers. The aggregate amount of the Fund which may be invested in securities traded on the Developing Markets is 10% of the net asset value of the Fund. Although it has no pre-established quality standards this Fund will invest at least 70% of its net asset value in investment grade Debt Securities. It is expected that this Fund’s dollar-weighted average portfolio effective maturity will not exceed three years.
The Fund may employ investment techniques and instruments for investment purposes, such as trading in futures, options and swaps and other financial derivative instruments, subject to a limit of up to 10% of its net asset value and subject to the conditions and within the limits from time to time laid down by the Central Bank.
Performance target: To outperform the Bloomberg Barclays 1-3 Year US Government/Credit Index by 0.75% per annum, before the deduction of charges, over any 5 year period.
The Fund is Actively Managed with reference to the Bloomberg Barclays 1-3 Year US Government/Credit Index, which is broadly representative of the bonds in which it may invest, as this forms the basis of the Fund's performance target. The Sub-Investment Adviser has discretion to choose investments for the Fund with weightings different to the index or not in the index, but at times the Fund may hold investments similar to the index. Details of the Fund’s performance are available in the annual reports and semi-annual reports, the marketing materials and in the KIID. There is no guarantee that the Fund’s performance will match or exceed that benchmark.
The Sub-Investment Adviser’s forward-looking fundamental credit research seeks to identify future winners and losers to express their high-conviction views. A bottom-up, fundamentally driven investment process focused on companies committed to transforming and improving their balance sheets, free cash flow generation, quality of management and security valuations drive security selection. This approach rests on a belief that some companies have inherent strengths, have better prospects than their peer groups and should therefore outperform even in challenging industrial and economic circumstances. A dynamic top down framework enables the Sub-Investment Adviser to assess the stage of credit cycle, identify opportunities and take an appropriate amount of risk.
Subject to the investment policies set forth herein, the Fund may invest in a wide variety of income producing Government Securities and Debt Securities, Indexed/Structured Securities, mortgage-and asset-backed securities issued or guaranteed by any OECD government, its agencies or instrumentalities or by a private issuer (up to 25% of the net asset value of the Fund), zero coupon, pay-in-kind (ie, bonds which may pay interest in the form of additional bonds of the same kind) and Step Coupon Securities (up to 10% of the net asset value for the Fund), preference shares and income-producing equities, REITs, convertible bonds ie Debt Securities that carry with them the right to acquire equities as evidenced by warrants attached to or acquired with such securities, or Debt Securities convertible into equities. Subject to the investment policies set forth herein, the Fund may invest in equities and other equity securities (such as securities convertible into equities). The Fund may invest directly or indirectly (ie through depositary receipts including American Depositary Receipts, European Depositary Receipts and Global Depositary Receipts) in the relevant markets. In addition the Fund may purchase participations in or assignments of floating rate mortgages or other commercial loans that are liquid and will provide for interest rate adjustments at least every 397 days and which may be secured by real estate or other assets. These participations may be interests in, or assignments of, the loan and may be acquired from banks or brokers that have made the loan or members of the lending syndicate. Such participations will not exceed 10% of the net asset value of the Fund in the aggregate.
The Fund may invest up to 35% of the net asset value in Debt Securities rated below investment grade. The Fund may also purchase defaulted securities if, in the opinion of the Sub-Investment Adviser, it appears likely that the issuer may resume interest payments or other advantageous developments appear likely in the near term.
Although it is anticipated that the Fund will invest Primarily in securities of U.S. Issuers, the Fund may invest up to 25% of its net asset value in the securities of non-US issuers. Generally such non-US investments will be traded on Regulated Markets that are not considered Developing Markets.
The Fund may invest up to 5% of its net asset value in the securities of other Eligible Collective Investment Schemes. Such investment includes investing in other Funds. However the Fund may not invest in another Fund which itself holds Shares in other Funds. Where the Fund invests in another Fund, the Fund may not charge an annual management and/or investment management fee in respect of the portion of its assets invested in the other Fund.
The Fund may invest in financial derivative instruments for efficient portfolio management purposes. The Fund’s investment in financial derivative instruments will be subject to the limits set out within the Fund’s investment policy and the conditions and limits from time to time laid down by the Central Bank. There will be circumstances in which the Fund will be leveraged in using financial derivative instruments. The Fund is permitted to invest up to 10% of its net asset value in financial derivative instruments for investment purposes. The maximum amount of leverage, when calculated using the commitment approach, which the Fund can create through the use of financial derivative instruments is 100% of the net asset value of the Fund. However, Shareholders should note that, given the nature of financial derivative instruments and the fact that such instruments may be traded on margin, a relatively small adverse price movement in the underlying of a given financial derivative instrument may result in immediate and substantial movements in the exposure a Fund to
that financial derivative instrument. In the event that any of the financial derivative instruments related exposure limits are exceeded for reasons beyond the control of the Fund, the Fund will remedy such situation as a priority, taking due account of the interests of its Shareholders.

##### USE OF TEMPORARY DEFENSIVE MEASURES
In certain circumstances, on a temporary and exceptional basis, when the Investment Adviser or Sub- Investment Adviser deems it to be in the best interests of Shareholders, the Fund may not adhere to its investment policies as disclosed above. For further information, see "Use of temporary defensive measures" in the Prospectus.

##### PROFILE OF A TYPICAL INVESTOR
The Fund is available to a wide range of investors seeking access to a portfolio managed in accordance with a specific investment objective and policy.
A potential investor should choose the Class that best suits such investor’s needs. When choosing a Class, potential investors should consider the following:
- How much the investor plans to invest;
- How long the investor expects to own the Shares;
- The expenses paid in respect of each Class;
- Whether the investor qualifies for any reduction or waiver of sales charges; and
- The currency of the share class.


##### INVESTMENT RESTRICTIONS
The Fund’s investments will be limited to investments permitted by the UCITS Regulations and other applicable restrictions as set out in Appendix 4 to the Prospectus.

##### USE	OF	INVESTMENT	TECHNIQUES	AND	INSTRUMENTS	AND	FINANCIAL	DERIVATIVE INSTRUMENTS
Subject to the ability of the Fund to invest in financial derivative instruments for investment purposes, as set out under “Investment Objective and Policies” above, the Sub-Investment Adviser may only employ investment techniques and instruments, such as trading in futures, options and swaps and other financial derivative instruments for efficient portfolio management (i.e. reduction of risk, reduction of costs, generation of additional capital or income for the Fund) and the Sub-Investment Adviser is required to comply with the conditions and limits from time to time laid down by the Central Bank. Further information is set out under “Use of Investment Techniques and Instruments and Financial Derivatives Instruments” and “Types and description of financial derivative instruments” in the Prospectus.
The primary method of calculation of global exposure for the Fund is the commitment approach method. However, the VaR model may be employed where there is a higher volume or more complex usage of derivative strategies or there is a change in the risk profile of the Fund.

##### SECURITIES FINANCING TRANSACTIONS REGULATION
As more particularly described under “Securities Financing Transactions Regulation” in the Prospectus, subject to the investment restrictions set out in Appendix 4 to the Prospectus and any investment restriction set out in the section of the Supplement entitled “Investment Objective and Policies”: (a) with respect to permitted investments in total return swaps, the Fund can invest a maximum of 10% of its Net Asset Value; and (b) the Fund can invest a maximum of 100% of its Net Asset Value in Securities Financing Transactions. Subject to the above limits, it is expected that the Fund will generally invest in the range of 0 - 20% if its Net Asset Value in total return swaps and Securities Financing Transactions.

##### RISK FACTORS AND SPECIAL CONSIDERATIONS
Investors’ attention is drawn to the risk factors and other special considerations which may affect the Fund as set out under “Risk factors and special considerations” in the Prospectus. This does not purport to be an
exhaustive list of the risk factors relating to investment in the Fund and investors’ attention is drawn to the description of the instruments set out in the section entitled “Investment Objective and Policies” above.

##### DISTRIBUTION POLICY
As more particularly described under “The Shares” in the Prospectus and in the section of the Supplement entitled “Classes of Shares”, Distributing Share Classes may differ in terms of their distribution frequency. Distributing Share Classes may distribute monthly, quarterly, semi-annually or annually as determined at the launch of the relevant Share Class. The distribution frequency of Share Classes are set out in the table below:
| Frequency of Distribution | Dates of Distribution Declaration |
| --- | --- |
| Accumulating Share Classes |
| Not applicable | Not applicable |
| Distributing Share Classes |
| Monthly | Monthly, normally on the fifteenth day of each month unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Quarterly | Quarterly, normally on 15 January, 15 April, 15 July and 15 October unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Semi-annually | Semi-annually, normally on 15 April and 15 October unless one of these days is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned dates. |
| Annually | Annually, normally on 15 October unless it is not a Business Day in which case the distribution will be declared on the last Business Day before the aforementioned date. |


##### TRADE CUT-OFF AND SETTLEMENT TIMES
Subscription orders for Shares received and accepted by or on behalf of the Transfer Agent or the Company and/or the Manager prior to the Trade Cut-Off Times on a Business Day specified in the tables below will be processed at the offering price determined on that Business Day. Subscription orders to subscribe for Shares received by or on behalf of the Transfer Agent or the Company and/or the Manager after the Trade Cut-Off Time on the relevant Business Day will be processed at the offering price determined on the next Business Day. If payment for subscription orders is not received by the relevant Settlement Time, a subscription may be cancelled or the Shareholder may be charged interest on the outstanding subscription monies at normal commercial rates. In such an event, the Distribution Agent or the Shareholder may be held liable for any loss to the Fund.
Processing of redemption orders is subject to receipt and acceptance by or on behalf of the Transfer Agent or the Company and/or the Manager of a valid redemption order. Subject to the provisions set out under “Limitations on Redemptions” in the Prospectus, redemption orders received and accepted by or on behalf of
the Transfer Agent or by the Company and/or the Manager prior to the Trade Cut-Off Time on a Business Day will be processed at the net asset value per Share determined on that Business Day.
| Subscription | Trade cut-off Time | Settlement Time |
| --- | --- | --- |
| Subscriptions (other than Class Z Shares) | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |
| Subscriptions made directly to the Transfer Agent by Qualifying Institutional Investors/Class Z Shares | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | 3:30pm, London time on T |
| Redemption | Trade cut-off Time | Settlement Time |
| All Redemptions | Close of the regular trading session of NYSE (normally 4:00pm, New York time) | T + 3 |


##### THE SUB-INVESTMENT ADVISER
The Manager has appointed JCIL to be the Company’s investment adviser. As at the date of this Supplement, JCIL has delegated to JCM responsibility for providing discretionary investment management and advisory services in respect of the whole or part of the assets of the Fund.

##### FEES AND EXPENSES
Details of the fees and expenses attaching to an investment in a Fund (including initial sales charges, CDSCs, dilution adjustment, investment management fees and distribution fees) are set out in the section entitled “Fees and Expenses” in the Prospectus and a summary of which is set out below. The Fees and Expenses to Capital Share Classes may charge certain fees and expenses to capital rather than income.
| Fee Type | Class A Shares | Class B Shares | Class E Shares | Class G Shares | Class H Shares | Class I Shares | Class S Shares | Class V Shares | Class Z Shares |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Initial Sales Charge | Up to 5.00% of the amount subscribed | N/A | N/A | N/A | N/A | Up to 2.00% of the amount subscribed | Up to 2.00% of the amount subscribed | N/A | N/A |
| CDSC < 1 year since purchase 1-2 years 2-3 years 3-4 years >4 years since purchase | N/A | 4% 3% 2% 1% 0% | N/A | N/A | N/A | N/A | N/A | 3% 2% 1% 0% - | N/A |
| Shareholder Service Fees | Up to 0.20% of net asset value | Up to 0.50% of net asset value | Up to 1.00% of net asset value | N/A | N/A | N/A | N/A | Up to 0.50% of net asset value | N/A |
| Distribution Fees | N/A | Up to 1.00% of net asset value | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investment Management Fee | Up to 0.50% of | Up to 0.65% of | Up to 0.65% of | Up to 0.50% of | Up to 0.50% of | Up to 0.50% of | Up to 0.50% of | Up to 0.65% of | See Prospectus |

| Fee Type | Class A Shares | Class B Shares | Class E Shares | Class G Shares | Class H Shares | Class I Shares | Class S Shares | Class V Shares | Class Z Shares |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  | net asset value. | net asset value. | net asset value. | net asset value. | net asset value. | net asset value. | net asset value. | net asset value. |  |
| Performance Fee | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Fee and Expenses Cap | 0.95% of net asset value | 2.10% of net asset value | 2.15% of net asset value | 0.75% of net asset value | 0.75% of net asset value | 0.75% of net asset value | 0.75% of net asset value | 1.90% of net asset value | See Prospectus |


##### DILUTION ADJUSTMENT
A dilution adjustment may be applied to the Net Asset Value per Share of the Fund on a dealing day (i) if net subscriptions or redemptions exceed a pre-determined threshold relating to the Fund’s Net Asset Value (where such a threshold has been pre-determined for the Fund from time to time by the Manager) or (ii) in any other cases where there are net subscriptions or redemptions in the Fund and the Manager or its delegate reasonably believes that imposing a dilution adjustment is in the best interests of existing Shareholders.

##### CLASSES OF SHARES
As more particularly described in the Prospectus under “The Shares”, the Company offers 11 Classes of Shares with various distribution policies, distribution frequencies, hedging policies and currencies in each Class. The name of each Class of Shares offered by the Company enables Shareholders to identify the distribution policy, distribution frequency, hedging policy and currency of a Class by reference to sub- classifications. The table below sets out details of the Classes of Shares in the Fund approved by the Central Bank, and the Classes which are available for purchase as at the date of this Supplement.
Where a Class of Shares in any Fund has not previously been issued or is being re-offered, then initial subscriptions for such Shares will be accepted: (i) on such date(s) to be determined by the Manager and notified in advance to the Central Bank; and (ii) the initial offer price and re-offer price as set out in the Prospectus under “Initial offers of share classes”. Alternatively, in the case of a Fund which already has one or more Classes of Shares in issue, the initial offer price per Share for subsequent Classes of Shares issued in respect of that Fund may be the net asset value per Share of such other Class of Shares of that Fund as may be determined by the Manager and notified in advance to the Central Bank and potential Shareholders.
| SHARE CLASSES approved by the Central Bank as at the date of this Supplement |
| --- |
| US Dollar Classes | Euro Classes | Pound Sterling Classes | Hong Kong Dollar Classes | Australia Dollar Classes | Swiss Franc Classes | Canadian Dollar Classes | Renminbi (CNH) Classes | Swedish Kronor Classes | New Zealand dollar Classes | Singapore Dollar Classes |
| A2 USD B2 USD E2 USD I2 USD S2 USD H2 USD G2 USD V2 USD Z2 USD A1 m USD B1 m USD I1 m USD H1 m USD A3 USD A3s USD A3q USD A3m USD A4q USD A4m USD A5m USD I1 USD I3 USD I3s USD I3q USD I3m USD I4q USD I4m USD I5m USD H1 USD H3 USD H3s USD H3q USD H3m USD H4q USD H4m USD H5m USD G1 USD G3 USD G3s USD G3q USD G3m USD G4q USD G4m USD G5m USD E1 USD E3 USD E3s USD E3q USD E3m USD E4q USD E4m USD E5m USD | A2 HEUR B2 HEUR E2 HEUR I2 HEUR S2 HEUR H2 HEUR G2 HEUR V2 HEUR Z2 EUR E3m HEUR A3 HEUR A3s HEUR A3q HEUR A4q HEUR A4m HEUR A5m HEUR I1 HEUR I3 HEUR I3s HEUR I3q HEUR I3m HEUR I4q HEUR I4m HEUR I5m HEUR H1 HEUR H3 HEUR H3s HEUR H3q HEUR H3m HEUR H4q HEUR H4m HEUR H5m HEUR G1 HEUR G3 HEUR G3s HEUR G3q HEUR G3m HEUR G4q HEUR G4m HEUR G5m HEUR E1 HEUR E3 HEUR E3s HEUR E3q HEUR E3m HEUR E4q HEUR E4m HEUR E5m HEUR | I2 HGBP I2 GBP S2 HGBP H2 HGBP H2 GBP G2 HGBP G2 GBP Z2 GBP Z2 HGBP I1 m HGBP H3 HGBP H3s HGBP H3q HGBP H3m HGBP H4q HGBP H4m HGBP H5m HGBP G1 HGBP G3 HGBP G3s HGBP G3q HGBP G3m HGBP G4q HGBP G4m HGBP G5m HGBP I1 HGBP I3 HGBP I3s HGBP I3q HGBP I3m HGBP I4q HGBP I4m HGBP I5m HGBP | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD A3 HKD A3s HKD A3q HKD A3m HKD A4q HKD A4m HKD A5m HKD I1 HKD I3 HKD I3s HKD I3q HKD I3m HKD I4q HKD I4m HKD I5m HKD H1 HKD H3 HKD H3s HKD H3q HKD H3m HKD H4q HKD H4m HKD H5m HKD G1 HKD G3 HKD G3s HKD G3q HKD G3m HKD G4q HKD G4m HKD G5m HKD E1 HKD E3 HKD E3s HKD E3q HKD E3m HKD E4q HKD E4m HKD E5m HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD A3 HAUD A3s HAUD A3q HAUD A3m HAUD A4q HAUD A4m HAUD A5m HAUD I1 HAUD I3 HAUD I3s HAUD I3q HAUD I3m HAUD I4q HAUD I4m HAUD I5m HAUD H1 HAUD H3 HAUD H3s HAUD H3q HAUD H3m HAUD H4q HAUD H4m HAUD H5m HAUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF G2 HCHF Z2 CHF A3 HCHF A3s HCHF A3q HCHF A3m HCHF A4q HCHF A4m HCHF A5m HCHF I1 HCHF I3 HCHF I3s HCHF I3q HCHF I3m HCHF I4q HCHF I4m HCHF I5m HCHF H1 HCHF H3 HCHF H3s HCHF H3q HCHF H3m HCHF H4q HCHF H4m HCHF H5m HCHF G1 HCHF G3 HCHF G3s HCHF G3q HCHF G3m HCHF G4q HCHF G4m HCHF G5m HCHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH A1m HCNH A3 HCNH A3s HCNH A3q HCNH A3m HCNH A4q HCNH A4m HCNH A5m HCNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD A3 HSGD A3s HSGD A3q HSGD A3m HSGD A4q HSGD A4m HSGD A5m HSGD A3 SGD A3s SGD A3q SGD A3m SGD A4q SGD A4m SGD A5m SGD I1 HSGD I3 HSGD I3s HSGD I3q HSGD I3m HSGD I4q HSGD I4m HSGD I5m HSGD I1 SGD I3 SGD I3s SGD I3q SGD I3m SGD I4q SGD I4m SGD I5m SGD |

Janus Henderson Investors
201 Bishopsgate, London EC2M 3AE Tel: 020 7818 1818 Fax: 020 7818 1819

Translation (ENFR, 2021-06-30):
# Annexe 5 : Délégués nommés par J.P. Morgan Bank (Ireland) plc (agissant par l’intermédiaire de ses bureaux de New York) à la date du présent prospectus
| Marché | Dépositaire par délégation | Banque correspondant espèces |
| --- | --- | --- |
| Argentine | HSBC Bank Argentina S.A. Bouchard 557, 18th Floor Buenos Aires C1106ABJ Argentine | HSBC Bank Argentina S.A. Buenos Aires |
| Australie | JPMorgan Chase Bank N.A. Level 31, 101 Collins Street Melbourne 3000 Australie | Australia and New Zealand Banking Group Ltd. Melbourne JPMorgan Chase Bank N.A., Sydney Branch (pour les clients utilisant la solution AUD nationale de J.P. Morgan)) Sydney |
| Autriche | UniCredit Bank Austria AG Julius Tandler Platz - 3, Vienna A-1090 Autriche | J.P. Morgan AG Frankfurt |
| Bahreïn | HSBC Bank Middle East Limited Road No 2832 Al Seef 428 Bahreïn | HSBC Bank Middle East Limited Al Seef |
| Bengladesh | Standard Chartered Bank Portlink Tower, Level-6, 67 Gulshan Avenue, Gulshan Dhaka 1212 Bengladesh | Standard Chartered Bank Dhaka |
| Belgique | BNP Paribas Securities Services S.C.A. (pour les clients sous contrat avec J.P. Morgan (Suisse) SA et pour toutes les obligations belges dont le règlement s’effectue à la Banque nationale de Belgique (NBB)) Bâtiment Central Plaza, Rue de Loxum, 25, 7e étage Bruxelles 1000 Belgique J.P. Morgan Bank Luxembourg S.A. (pour les clients sous contrat avec cette entité et JPMorgan Chase Bank, N.A.) Banque européenne et centre d’affaires, 6, route de Trèves Senningerberg L-2633 Luxembourg J.P. Morgan Bank (Ireland) PLC (pour les clients sous contrat avec cette entité) 200 Capital Dock, 79 Sir John Rogerson’s Quay Dublin D02 RK57 Irlande | J.P. Morgan AG Frankfurt am Main |
| Bermudes | HSBC Bank Bermuda Limited 37 Front Street Hamilton HM 11 Bermudes | HSBC Bank Bermuda Limited Hamilton |

| Marché | Dépositaire par délégation | Banque correspondant espèces |
| --- | --- | --- |
| Botswana | Standard Chartered Bank Botswana Limited 5th Floor, Standard House, P.O. Box 496, Queens Road, The Mall Gaborone Botswana | Standard Chartered Bank Botswana Limited Gaborone |
| Brésil | J.P. Morgan S.A. DTVM Av. Brigadeiro Faria Lima, 3729, Floor 06 Sao Paulo SP 04538 905 Brésil | J.P. Morgan S.A. DTVM Sao Paulo |
| Bulgarie | Citibank Europe plc Serdika Offices, 10th Floor, 48 Sitnyakovo Blvd Sofia 1505 Bulgarie | ING Bank N.V. Sofia |
| Canada | CIBC Mellon Trust Company (Remarque : Les clients doivent se reporter aux instructions de règlement) 1 York Street, Suite 900 Toronto Ontario M5J 0B6 Canada Banque royale du Canada (Remarque : Les clients doivent se reporter aux instructions de règlement) 155 Wellington Street West Toronto M5V 3L3 Canada | Banque canadienne impériale de commerce (pour les clients utilisant la solution CAD nationale de J.P. Morgan) Toronto Banque royale du Canada Toronto |
| Chili | Banco Santander Chile Bandera 140 Santiago Chili | Banco Santander Chile Santiago |
| Action « A » chinoi se | JPMorgan Chase Bank (China) Company Limited (Remarque : Les clients doivent se reporter aux instructions de règlement) 41st floor, Park Place, No. 1601, West Nanjing Road, Jingan District Shanghai République populaire de Chine HSBC Bank (China) Company Limited (Remarque : Les clients doivent se reporter aux instructions de règlement) 33/F, HSBC Building, Shanghai IFC, 8 Century Avenue, Pudong Shanghai 200120 République populaire de Chine | JPMorgan Chase Bank (China) Company Limited (Remarque : Les clients doivent se reporter aux instructions de règlement) J.P. Morgan affiliate Shanghai HSBC Bank (China) Company Limited (Remarque : Les clients doivent se reporter aux instructions de règlement) Shanghai |
| Action B chinoise | HSBC Bank (China) Company Limited 33/F, HSBC Building, Shanghai IFC, 8 Century Avenue, Pudong Shanghai 200120 République populaire de Chine | JPMorgan Chase Bank, N.A. JPMorgan Chase Bank, N.A. |
| China Connect | JPMorgan Chase Bank, N.A. 18th Floor Tower 2, The Quayside, 77 Hoi Bun Road, Kwun Tong Hong Kong | JPMorgan Chase Bank, N.A., Hong Kong |

| Marché | Dépositaire par délégation | Banque correspondant espèces |
| --- | --- | --- |
| Colombie | Cititrust Colombia S.A. Carrera 9 A #99-02, 3rd Floor Bogota Colombie | Cititrust Colombia S.A. Bogota |
| Colombie | Banco BCT S.A. 150 Metros Norte de la Catedral Metropolitana, Edificio BCT San Jose Colombie | Banco BCT S.A. San Jose |
| Croatie | Privredna banka Zagreb d.d. Radnicka cesta 50 Zagreb 10000 Croatie | Zagrebacka banka d.d. Zagreb |
| Chypre | HSBC France Athens Branch 109-111, Messogion Ave. Athènes 11526 Grèce | J.P. Morgan AG Frankfurt am Main |
| République tchèque | UniCredit Bank Czech Republic and Slovakia, a.s. BB Centrum - FILADELFIE, Zeletavska 1525-1, Prague 1 Prague 140 92 République tchèque | eskoslovenská obchodní banka a.s. Prague |
| Danemark | Nordea Bank Abp Christiansbro, Strandgade 3, P.O. Box 850 Copenhagen DK-0900 Danemark | Nordea Bank Abp Copenhague |
| Égypte | Citibank N.A., Égypte Boomerang Building, Plot 46, Zone J, 1st district, 5th Settlement, New Cairo 11511 Égypte | Citibank N.A., Égypte Nouveau Caire |
| Estonie | Accès au marché via Clearstream Banking S.A., Luxembourg en sa qualité de dépositaire central international de titres | J.P. Morgan AG Frankfurt am Main |
| Finlande | Nordea Bank Abp Satamaradankatu 5 Helsinki FIN-00020 Nordea Finlande | J.P. Morgan AG Frankfurt am Main |

| Marché | Dépositaire par délégation | Banque correspondant espèces |
| --- | --- | --- |
| France | BNP Paribas Securities Services S.C.A. (Pour les clients sous contrat avec J.P. Morgan (Suisse) SA et pour les Titres physiques et Ordre de Mouvement (ODM) détenus par les clients) 3, Rue d’Antin Paris 75002 France J.P. Morgan Bank Luxembourg S.A. (pour les clients sous contrat avec cette entité et JPMorgan Chase Bank, N.A.) J.P. Morgan affiliate Banque européenne et centre d’affaires, 6, route de Trèves Senningerberg L-2633 Luxembourg J.P. Morgan Bank (Ireland) PLC (pour les clients sous contrat avec cette entité) J.P. Morgan affiliate 200 Capital Dock, 79 Sir John Rogerson’s Quay Dublin D02 RK57 Irlande | J.P. Morgan AG Frankfurt am Main |
| Allemagne | J.P. Morgan AG (pour les clients nationaux allemands de services de garde uniquement) Taunustor 1 (TaunusTurm) Frankfurt am Main 60310 Allemagne Deutsche Bank AG Alfred-Herrhausen-Allee 16-24 Eschborn D- 65760 Allemagne | J.P. Morgan AG Frankfurt am Main |
| Ghana | Standard Chartered Bank Ghana Limited Accra High Street, P.O. Box 768 Accra Ghana | Standard Chartered Bank Ghana Limited Accra |
| Grèce | HSBC France Athens Branch 109-111, Messogion Ave. Athènes 11526 Grèce | J.P. Morgan AG Frankfurt am Main |
| Hong Kong | JPMorgan Chase Bank, N.A. 18th Floor Tower 2, The Quayside, 77 Hoi Bun Road, Kwun Tong Hong Kong | JPMorgan Chase Bank, N.A., Hong Kong |
| Hongrie | Deutsche Bank AG Hold utca 27 Budapest H-1054 Hongrie | UniCredit Bank Hungary Zrt. |
| UniCredit Bank Hungary Zrt. | Islandsbanki hf. Kirkjusandur 2 Reykjavik IS-155 Islande | Islandsbanki hf. Reykjavik |

| Marché | Dépositaire par délégation | Banque correspondant espèces |
| --- | --- | --- |
| Inde | JPMorgan Chase Bank, N.A. 6th Floor, Paradigm B Wing, Mindspace, Malad (West) Mumbai 400 064 Inde | JPMorgan Chase Bank, N.A. Mumbai |
| Indonésie | PT Bank HSBC Indonesia WTC 3 Building - 8th floor Jl. Jenderal Sudirman Kav. 29-31 Jakarta 12920 Indonésie | PT Bank HSBC Indonesia Jakarta |
| Irlande | JPMorgan Chase Bank, N.A. 25 Bank Street Canary Wharf London E14 5JP Royaume-Uni | J.P. Morgan AG Frankfurt am Main |
| Israël | Bank Leumi le-Israel B.M. 35, Yehuda Halevi Street Tel Aviv 65136 Israël | Bank Leumi le-Israel B.M. Tel Aviv |
| Italie | J.P. Morgan Bank (Ireland) PLC (pour les clients sous contrat avec cette entité. Les clients sous contrat avec J.P. Morgan Bank Luxembourg S.A. doivent se reporter aux instructions de règlement) 200 Capital Dock, 79 Sir John Rogerson’s Quay Dublin D02 RK57 Irlande BNP Paribas Securities Services S.C.A. (Pour les clients sous contrat avec J.P. Morgan Chase Bank, N.A. et J.P. Morgan (Suisse) SA. Les clients sous contrat avec J.P. Morgan Bank Luxembourg S.A. doivent se reporter aux instructions de règlement) Piazza Lina Bo Bardi 3 Milan 20124 Italie | J.P. Morgan AG Frankfurt am Main |
| Japon | Mizuho Bank Ltd. (Remarque : Les clients doivent se reporter aux instructions de règlement) 2-15-1, Konan, Minato-ku Tokyo 108-6009 Japon MUFG Bank, Ltd. (Remarque : Les clients doivent se reporter aux instructions de règlement) 1-3-2 Nihombashi Hongoku-cho, Chuo-ku Tokyo 103-0021 Japon | JPMorgan Chase Bank, N.A. Tokyo |
| Jordanie | Standard Chartered Bank Shmeissani Branch, Al-Thaqafa Street, Building #2 P.O. Box 926190 Amman Jordanie | Standard Chartered Bank Amman |
| Kazakhstan | JSC Citibank Kazakhstan Park Palace, Building A, Floor 2, 41 Kazybek Bi Almaty 050010 Kazakhstan | Subsidiary Bank Sberbank of Russia Joint Stock Company Almaty |

| Marché | Dépositaire par délégation | Banque correspondant espèces |
| --- | --- | --- |
| Kenya | Standard Chartered Bank Kenya Limited Chiromo, 48 Westlands Road Nairobi 00100 Kenya | Standard Chartered Bank Kenya Limited Nairobi |
| Koweït | HSBC Bank Middle East Limited Al Hamra Tower, Abdulaziz Al Sager Street Sharq Area Kuwait City Koweït | HSBC Bank Middle East Limited Kuwait City |
| Lettonie | Accès au marché via Clearstream Banking S.A., Luxembourg en sa qualité de dépositaire central international de titres | J.P. Morgan AG Frankfurt am Main |
| Lituanie | Accès au marché via Clearstream Banking S.A., Luxembourg en sa qualité de dépositaire central international de titres | J.P. Morgan AG Frankfurt am Main |
| Luxembourg | BNP Paribas Securities Services S.C.A. 60 Avenue John F. Kennedy Luxembourg L- 1855 Luxembourg | J.P. Morgan AG  J.P. Morgan affiliate Frankfurt am Main |
| Malawi | Standard Bank PLC Kaomba Centre, Cnr Glyn Jones Road & Victoria Avenue, P.O. Box 1111 Blantyre Malawi | Standard Bank PLC Blantyre |
| Malaisie | HSBC Bank Malaysia Berhad 2 Leboh Ampang, 12th Floor, South Tower Kuala Lumpur 50100 Malaisie | HSBC Bank Malaysia Berhad Kuala Lumpur |
| Maurice | The Hongkong and Shanghai Banking Corporation Limited HSBC Centre, 18 Cybercity Ebene Maurice | The Hongkong and Shanghai Banking Corporation Limited Ebene |
| Mexique | Banco Nacional de Mexico S.A. Act. Roberto Medellin No. 800 3er Piso Norte Colonia Santa Fe Mexico, D.F. 1210 Mexique | Banco Santander (Mexico) S.A. Ciudad de México, C.P. |
| Maroc | Société Générale Marocaine de Banques 55 Boulevard Abdelmoumen Casablanca 20100 Maroc | Attijariwafa Bank S.A. Casablanca |
| Namibie | Standard Bank Namibia Limited Erf 137, Standard Bank Centre, Chasie Street, Hill Top, Kleine Kuppe Windhoek Namibie | The Standard Bank of South Africa Limited Johannesbourg |

| Marché | Dépositaire par délégation | Banque correspondant espèces |
| --- | --- | --- |
| Pays-Bas | J.P. Morgan Bank Luxembourg S.A. (pour les clients sous contrat avec cette entité et JPMorgan Chase Bank, N.A.) Banque européenne et centre d’affaires, 6, route de Trèves Senningerberg L-2633 Luxembourg BNP Paribas Securities Services S.C.A. (Pour les clients sous contrat avec J.P. Morgan (Suisse) SA.) Herengracht 595 Amsterdam 1017 CE Pays-Bas J.P. Morgan Bank (Ireland) PLC (pour les clients sous contrat avec cette entité) 200 Capital Dock, 79 Sir John Rogerson’s Quay Dublin D02 RK57 Irlande | J.P. Morgan AG Frankfurt am Main |
| Nouvelle-Zélande | JPMorgan Chase Bank, N.A. Level 13, 2 Hunter Street Wellington 6011 Nouvelle Zélande | JPMorgan Chase Bank, N.A. Filiale de la Nouvelle-Zélande (pour les clients utilisant la solution nationale NZD de J.P. Morgan) Wellington Westpac Banking Corporation Wellington |
| Nigéria | Stanbic IBTC Bank Plc Plot 1712, Idejo Street Victoria Island Lagos Nigéria | Stanbic IBTC Bank Plc Lagos |
| Norvège | Nordea Bank Abp Essendropsgate 7, P.O. Box 1166 Oslo NO-0107 Norvège | Nordea Bank Abp Oslo |
| Oman | HSBC Bank Oman S.A.O.G. 2nd Floor Al Khuwair P.O. Box 1727 Seeb PC 111 Oman | HSBC Bank Oman S.A.O.G. Seeb |
| Pakistan | Standard Chartered Bank (Pakistan) Limited P.O. Box 4896, Ismail Ibrahim Chundrigar Road Karachi 74000 Pakistan | Standard Chartered Bank (Pakistan) Limited Karachi |
| Pérou | Citibank del Perú S.A. Canaval y Moreryra 480 Piso 3, San Isidro San Isidro, L-27 L-27 Lima, Pérou | Banco de Crédito del Perú Lima 012 |
| Philippines | The Hongkong and Shanghai Banking Corporation Limited 7/F HSBC Centre, 3058 Fifth Avenue West, Bonifacio Global City Taguig City 1634 Philippines | The Hongkong and Shanghai Banking Corporation Limited Taguig City |

| Marché | Dépositaire par délégation | Banque correspondant espèces |
| --- | --- | --- |
| Pologne | Bank Handlowy w. Warszawie S.A. ul. Senatorska 16 Varsovie 00-923 Pologne | mBank S.A. Varsovie |
| Portugal | BNP Paribas Securities Services S.C.A. Avenida D.João II, Lote 1.18.01, Bloco B, 7º andar Lisbon 1998-028 Portugal | J.P. Morgan AG Frankfurt am Main |
| Qatar | HSBC Bank Middle East Limited Building 150, Airport Road Doha Qatar | The Commercial Bank (P.Q.S.C.) Doha |
| Roumanie | Citibank Europe plc 145 Calea Victoriei, 1st District Bucarest 10072 Hongrie | ING Bank N.V. Bucharest |
| Russie | Commercial Bank “J.P. Morgan Bank International” (Limited Liability Company) 10, Butyrsky Val, White Square Business Centre, Floor 12 Moscou 125047 Russie | Sberbank of Russia Moscow JPMorgan Chase Bank, N.A. New York |
| Arabie Saoudite | J.P. Morgan Saudi Arabia Company (Remarque : Les clients doivent se reporter aux instructions de règlement) Al Faisaliah Tower, Level 8, P.O. Box 51907 Riyadh 11553 Arabie Saoudite HSBC Saudi Arabia (Remarque : Les clients doivent se reporter aux instructions de règlement) 2/F HSBC Building, 7267 Olaya Street North, Al Murooj Riyadh 12283-2255 Arabie Saoudite | JPMorgan Chase Bank, N.A. - Riyadh Branch Riyad The Saudi British Bank Riyad |
| Serbie | Unicredit Bank Srbija a.d. Rajiceva 27-29 Belgrade 11000 Serbie | Unicredit Bank Srbija a.d. Belgrade |
| Singapour | DBS Bank Ltd 10 Toh Guan Road, DBS Asia Gateway, Level 04-11 (4B) Singapour 608838 Singapour | Oversea-Chinese Banking Corporation Singapour |
| Slovaquie | UniCredit Bank Czech Republic and Slovakia, a.s. Sancova 1/A Bratislava SK- 813 33 Slovaquie | J.P. Morgan AG Frankfurt am Main |

| Marché | Dépositaire par délégation | Banque correspondant espèces |
| --- | --- | --- |
| Slovénie | UniCredit Banka Slovenija d.d. Smartinska 140 Ljubljana SI-1000 Slovénie | J.P. Morgan AG Frankfurt am Main |
| Afrique du Sud | FirstRand Bank Limited 1 Mezzanine Floor, 3 First Place, Bank City Cnr Simmonds and Jeppe Streets Johannesbourg 2001 Afrique du Sud | The Standard Bank of South Africa Limited Johannesbourg |
| Corée du Sud | Kookmin Bank Co. Ltd. (Remarque : Les clients doivent se reporter aux instructions de règlement) 84, Namdaemun-ro, Jung-gu Séoul 100-845 Corée du Sud Standard Chartered Bank Korea Limited (Remarque : Les clients doivent se reporter aux instructions de règlement) 47 Jongro, Jongro-Gu Séoul 3160 Corée du Sud | Kookmin Bank Co. Ltd. (Remarque : Les clients doivent se reporter aux instructions de règlement) Séoul Standard Chartered Bank Korea Limited (Remarque : Les clients doivent se reporter aux instructions de règlement) Séoul |
| Espagne | Santander Securities Services, S.A. Parque Empresarial La Finca, Pozuelo de Alarcón Madrid 28223 Espagne | J.P. Morgan AG Frankfurt am Main |
| Sri Lanka | The Hongkong and Shanghai Banking Corporation Limited 24 Sir Baron Jayatillaka Mawatha Colombo 1 Sri Lanka | The Hongkong and Shanghai Banking Corporation Limited Colombo |
| Suède | Nordea Bank Abp Hamngatan 10 Stockholm SE-105 71 Suède | Svenska Handelsbanken Stockholm |
| Suisse | UBS Switzerland AG 45 Bahnhofstrasse Zurich 8021 Suisse | UBS Switzerland AG Zurich |
| Taïwan | JPMorgan Chase Bank, N.A. 8th Floor, Cathay Xin Yi Trading Building, No. 108, Section 5, Xin Yi Road Taipei 11047 Taïwan | JPMorgan Chase Bank, N.A. Taipei |
| Tanzanie | Stanbic Bank Tanzania Limited Stanbic Centre, Corner Kinondoni and A.H. Mwinyi Roads, P.O. Box 72648 Dar es Salaam Tanzanie | Stanbic Bank Tanzania Limited Dar es Salaam |
| Thaïlande | Standard Chartered Bank (Thai) Public Company Limited 14th Floor, Zone B, Sathorn Nakorn Tower, 90 North Sathorn Road Bangrak, Silom, Bangrak Bangkok 10500 Thaïlande | Standard Chartered Bank (Thai) Public Company Limited Bangkok |

| Marché | Dépositaire par délégation | Banque correspondant espèces |
| --- | --- | --- |
| Tunisie | Union Internationale de Banques Societe Generale SA 10, Rue d’Egypte, Tunis Belvedere Tunis 1002 Tunisie | Banque Internationale Arabe de Tunisie S.A. Tunis |
| Turquie | Citibank A.S. Inkilap Mah., Yilmaz Plaza, O. Faik Atakan Caddesi No. 3, Umraniye Istanbul 34768 Turquie | JPMorgan Chase Bank, N.A. Istanbul Branch Istanbul |
| Ouganda | Standard Chartered Bank Uganda Limited 5 Speke Road, PO Box 7111 Kampala Ouganda | Standard Chartered Bank Uganda Limited Kampala |
| Ukraine | Joint Stock Company "Citibank 16-G Dilova Street Kiev 03150 Ukraine " | JPMorgan Chase Bank, N.A. New York Joint Stock Company "Citibank" Kiev |
| Émirats Arabes Unis | HSBC Bank Middle East Limited Emaar Square, Level 4, Building No. 5, P.O. Box 502601 Dubai Émirats Arabes Unis | First Abu Dhabi Bank P.J.S.C Dubai JPMorgan Chase Bank, N.A. New York |
| Royaume-Uni | JPMorgan Chase Bank, N.A. 4 New York Plaza New York 10004 États- Unis Deutsche Bank AG Depository and Clearing Centre 10 Bishops Square Londres E1 6EG Royaume-Uni | JPMorgan Chase Bank, N.A., Londres |
| États-Unis | JPMorgan Chase Bank, N.A. 4 New York Plaza New York 10004 États- Unis | JPMorgan Chase Bank, N.A. New York |
| Uruguay | Banco Itaú Uruguay S.A. Zabala 1463 Montevideo 11000 Uruguay | Banco Itaú Uruguay S.A. Montevideo |
| Vietnam | HSBC Bank (Vietnam) Ltd. 106 Nguyen Van Troi Street, Phu Nhuan District Ho Chi Minh City Vietnam | HSBC Bank (Vietnam) Ltd. Ho Chi Minh City |
| UEMOA (Bénin, Burkina Faso, Guinée-Bissau, Côte d’Ivoire, Mali, Niger, Sénégal, Togo) | Standard Chartered Bank Côte d’Ivoire S.A. 23 Boulevard de la République 1 Abidjan 01 B.P. 1141 Côte d’Ivoire | Standard Chartered Bank Côte d’Ivoire S.A. Abidjan |

| Marché | Dépositaire par délégation | Banque correspondant espèces |
| --- | --- | --- |
| Zambie | Standard Chartered Bank Zambia Plc Standard Chartered House, Cairo Road P.O. Box 32238 Lusaka 10101 Zambie | Standard Chartered Bank Zambia Plc Lusaka |
| Zimbabwe | Stanbic Bank Zimbabwe Limited Stanbic Centre, 3rd Floor, 59 Samora Machel Avenue Harare Zimbabwe | Stanbic Bank Zimbabwe Limited Harare |


## Supplément Global

### Le présent Supplément est établi en date du 30 juin 2021.
Janus Henderson Capital Funds plc est un OPCVM établi sous la forme d’une société d’investissement à capital variable avec séparation des passifs entre les Fonds, constituée en Irlande et régie par la Banque centrale.
Le présent Supplément fait partie intégrante du dernier Prospectus et doit être lu conjointement avec celui-ci. Le Prospectus peut être révisé ou complété de temps à autre. Les termes commençant par une majuscule utilisés dans le présent Supplément et qui ne sont pas définis dans les présentes ont la signification qui leur est donnée dans le Prospectus.

### Le présent Supplément contient une liste de tous les Fonds de la Société actuellement approuvés par la Banque centrale, à savoir les Fonds suivants :

### FONDS D’ACTIONS ET À ALLOCATION
- Janus Henderson US Balanced 2026 Fund (« US Balanced 2026 Fund ») ;
- Janus Henderson Balanced Fund (« Balanced Fund ») ;
- Janus Henderson Emerging Markets Leaders Fund (« Emerging Markets Leaders Fund »)* ;
- Janus Henderson Europe Fund (« Europe Fund »)* ;
- Janus Henderson Global Adaptive Capital Appreciation Fund (« Global Adaptive Capital Appreciation Fund ») ;
- Janus Henderson Global Adaptive Capital Preservation Fund (« Global Adaptive Capital Preservation Fund ») ;
- Janus Henderson Global Adaptive Multi-Asset Fund (« Global Adaptive Multi-Asset Fund ») ;
- Janus Henderson Global Life Sciences Fund (« Global Life Sciences Fund ») ;
- Janus Henderson Global Research Fund (« Global Research Fund ») ;
- Janus Henderson Global Technology and Innovation Fund (« Global Technology and Innovation Fund ») ;
- Janus Henderson Opportunistic Alpha Fund (« Opportunistic Alpha Fund ») ;
- Janus Henderson US Research Fund (« US Research Fund ») ;
- Janus Henderson US Forty Fund (« US Forty Fund ») ;
- Janus Henderson US Venture Fund (« US Venture Fund ») ;
- Janus Henderson Global Value Fund (« Global Value Fund »)* ;
- Janus Henderson US Strategic Value Fund (« US Strategic Value Fund ») ;


### FONDS INTECH CONSEILLÉS PAR DÉLÉGATION
- Janus Henderson Intech All-World Minimum Variance Core Fund (« Intech All-World Minimum Variance Core Fund ») ;
- Janus Henderson Intech Emerging Markets Managed Volatility Fund (« Intech Emerging Markets Managed Volatility Fund ») ;
- Janus Henderson Intech European Core Fund (« Intech European Core Fund ») ;
- Janus Henderson Intech Global Absolute Return Fund (« Intech Global Absolute Return Fund ») ;
- Janus Henderson Intech Global All Country Low Volatility Fund (« Intech Global All Country Low Volatility Fund ») ;
- Janus Henderson Intech Global All Country Managed Volatility Fund (« Intech Global All Country Managed Volatility Fund ») ;
- Janus Henderson Intech Global Income Managed Volatility Fund (« Intech Global Income Managed Volatility Fund »)* ;
- Janus Henderson Intech US Core Fund (« Intech US Core Fund ») ;


### FONDS D’INVESTISSEMENT ALTERNATIFS
- Janus Henderson Global Diversified Alternatives Fund (« Global Diversified Alternatives Fund ») ;
- Janus Henderson Global Real Estate Equity Income Fund (“Global Real Estate Fund”) ;


### FONDS À REVENUS FIXES
- Janus Henderson Absolute Return Income Fund (« Absolute Return Income Fund ») ;
- Janus Henderson Absolute Return Income Fund (EUR) (« Absolute Return Income Fund (EUR) ») ;
- Janus Henderson Flexible Income Fund (« Flexible Income Fund ») ;
- Janus Henderson Global Flexible Income Fund (« Global Flexible Income Fund »)* ;
- Janus Henderson Fixed Maturity Bond Fund I (« Fixed Maturity Bond Fund I ») ;
- Janus Henderson Global High Yield Fund (« Global High Yield Fund »);
- Janus Henderson Global Investment Grade Bond Fund (« Global Investment Grade Bond Fund ») ;
- Janus Henderson Multi-Sector Income Fund (« Multi-Sector Income Fund ») ;
- Janus Henderson Absolute Return Income Opportunities Fund (« Absolute Return Income Opportunities Fund ») ;
- Janus Henderson High Yield Fund (« High Yield Fund ») ;
- Janus Henderson US Short-Term Bond Fund (« US Short-Term Bond Fund ») ;*Ces Fonds sont fermés aux nouvelles souscriptions (y compris aux échanges à destination du Fonds). Ils sont en cours de liquidation.


### Supplément concernant le Fonds Janus Henderson Balanced Fund

### Le présent Supplément est établi en date du 26 février 2021.
Le présent Supplément contient des informations spécifiques au fonds Janus Henderson Balanced Fund (le « Fonds »), un compartiment de Janus Henderson Capital Funds plc (la « Société »). La Société est un OPCVM établi sous la forme d’une société d’investissement à capital variable avec séparation des passifs entre les Fonds, constituée en Irlande et régie par la Banque centrale.
Ce Supplément fait partie intégrante du dernier Prospectus et doit être lu conjointement avec celui-ci. Le Prospectus peut être révisé ou complété de temps à autre. Les termes commençant par une majuscule utilisés dans le présent Supplément, qui n'ont pas été définis dans les présentes, ont la même signification que dans le Prospectus.

### RÉSUMÉ

### Les informations reprises sous ce titre constituent un résumé des principales caractéristiques du Fonds et doivent être lues conjointement avec le texte complet du Supplément.
| Catégories d’actions | Des précisions sur les Catégories d'Actions sont présentées ci-dessous à la section intitulée « Catégories d’Actions ». |
| --- | --- |
| L’attention des investisseurs est attirée sur le fait qu’à la date du présent Supplément, seules certaines Catégories d’Actions du Fonds sont actuellement ouvertes à la souscription. En outre, toutes les Catégories d’Actions ne sont pas disponibles dans toutes les juridictions. Les investisseurs sont priés de se mettre en rapport avec l’Agent de Distribution pour obtenir la liste des Catégories d’Actions à leur disposition. |
| Fréquence des souscriptions, rachats et échanges | Sauf indication contraire des Administrateurs et/ou du Gestionnaire, les souscriptions, les rachats et les échanges d’Actions peuvent être effectués tout Jour Ouvré en suivant les procédures décrites dans les sections du Prospectus intitulées « Comment acheter des Actions », « Comment obtenir le rachat d’Actions » et « Comment échanger ou céder des Actions ». |
| Souscriptions minimales | Les souscriptions initiales et ultérieures minimales applicables à chaque Catégorie au sein du Fonds sont spécifiées dans la section du Prospectus intitulée « Comment acheter des Actions ». |
| Adaptation des Catégories | L’adaptation des Catégories et l’éligibilité des investisseurs pour des Catégories particulières sont décrites à la section intitulée « Les Actions » du Prospectus. |
| Devise de base | Dollar US |


### OBJECTIF ET POLITIQUES D’INVESTISSEMENT
L’objectif d’investissement du Fonds est la croissance du capital à long terme, ainsi que, dans le même temps, la préservation du capital et la génération d’un revenu courant. Il poursuit cet objectif en investissant entre 35 et 65 % de sa valeur liquidative dans des actions (également appelées actions de sociétés) et entre 35 et 65 % de sa valeur liquidative dans des Titres de créance et dans des participations dans des prêts. Au moins 80 % de sa valeur liquidative est investie dans des Sociétés américaines et des Émetteurs américains. Le montant total du Fonds pouvant être investi dans des titres négociés sur les Marchés en développement est de 10 % de la valeur liquidative du Fonds. Ce Fonds peut investir jusqu’à 35 % de sa valeur liquidative en Titres de Créance ne bénéficiant pas d’une notation de Premier Ordre.
Le Fonds peut utiliser, à concurrence de 10 % de sa valeur liquidative, des techniques et instruments d’investissement tels que des contrats à terme normalisés, des options, des swaps et d’autres instruments financiers dérivés à des fins d’investissement, sous réserve des conditions et limites stipulées ponctuellement par la Banque Centrale.
Objectif de performance : Surperformer l’indice de référence composite (55 % de l’indice S&P 500®/45 % de l’indice Bloomberg Barclays US Aggregate Bond (« indice Balanced »)) de 1,5 % par an, avant déduction des frais, sur toute période de 5 ans.
Le Fonds est géré activement en fonction de l’indice composite (55 % de l’indice S&P 500® / 45 % de l’indice Bloomberg Barclays US Aggregate Bond (« indice Balanced »)), qui est largement représentatif des sociétés et des obligations dans lesquelles il peut investir et sur la base duquel l’objectif de performance du Fonds est défini. Le Conseiller en Investissement par Délégation dispose d’une grande liberté pour choisir des investissements individuels pour le Fonds. Le Conseiller en Investissement par Délégation prend ses décisions d’allocation en fonction du risque de marché global et de ses évaluations fondamentales des titres sur les marchés actions et obligataires. Une approche dynamique de l’allocation d’actifs dans des actions et des Titres de créance vise un équilibre optimal des opportunités d’investissement dans divers environnements de marché. L’approche dynamique implique que l’équipe de gestion de portefeuille du Conseiller en Investissement par Délégation s’engage activement à positionner le portefeuille du Fonds en actions et en titres à revenu fixe plutôt que d’avoir une allocation statique répartie entre les deux. Les détails de la performance du Fonds sont disponibles dans les rapports annuels et semestriels, les documents de commercialisation et dans le DICI. Rien ne garantit que la performance du Fonds sera égale ou supérieure à cet indice de référence.
La composante actions du Fonds est constituée par le Conseiller en Investissement par Délégation à l’aide d’une combinaison d’investissements de base et d’investissements opportunistes. Les investissements de base concernent des sociétés jugées présenter une croissance organique des revenus, ainsi que des bénéfices et des flux de trésorerie durables. Les investissements opportunistes concernent les sociétés jugées avoir un potentiel de croissance émergent ou connaître des situations de transformation (par exemple, de nouvelles équipes de direction). Le portefeuille de Titres de Créance est construit par rapport à la composante actions afin de gérer la volatilité globale du Fonds. Les Titres de Créance sont sélectionnés selon un processus d’investissement ascendant axé sur les fondamentaux. Le processus des Conseillers en Investissement par Délégation suit l’analyse des sociétés et des titres individuels, avec examen des informations financières, visites d’entreprises et études de marché.
En raison de son exposition aux titres ne bénéficiant pas d’une notation de Premier Ordre (below Investment Grade), un investissement dans le Fonds ne doit pas représenter une part substantielle d’un portefeuille d’investissement et peut ne pas convenir à tous les investisseurs.
Le Fonds peut investir dans tous les types de valeurs mobilières mentionnés ci-dessus, sous réserve des limites définies dans les présentes. Le Fonds peut investir jusqu’à concurrence de 20 % de sa valeur liquidative dans des titres émis par des Émetteurs non Américains. De manière générale, ces investissements non américains seront négociés sur des Marchés Réglementés qui ne sont pas considérés comme des Marchés en développement.
Le Fonds pourra investir jusqu’à concurrence de 5 % de sa valeur liquidative dans des titres d’autres Organismes de placement collectif admissibles. Un tel investissement englobe la possibilité d’investir dans d’autres Fonds. Cependant, le Fonds ne peut pas investir dans un autre Fonds détenant lui-même des Actions d’un autre Fonds. Lorsqu'il investit dans un autre Fonds, le Fonds ne peut pas prélever une commission annuelle de gestion de portefeuille et/ou de gestion administrative pour ce qui concerne la fraction de ses actifs qui sont investis dans l'autre Fonds.
Le Fonds peut réaliser des investissements importants en actions, sous réserve du respect des limites de pourcentages prévues dans les présentes, dans la mesure où le Conseiller en investissement par délégation estime que les marchés concernés bénéficient d’une conjoncture favorable à un investissement rentable dans ces valeurs. Les titres sont généralement sélectionnés par le Conseiller en investissement par délégation sans considération du secteur d’activité ou d’autres critères de sélection semblables ; le Fonds n’a pas vocation à être spécialisé dans un secteur d’activité donné.
L’obtention de revenus est un critère d’investissement important pour le Fonds dans la mesure où celui-ci investit dans des valeurs mobilières telles que celles auxquelles il est fait référence dans la présente section du Supplément.
Le pourcentage des actifs du Fonds investis en Actions variera et, selon les conditions de marché analysées par le Conseiller en Investissement par Délégation, le Fonds peut détenir, à titre accessoire dans son portefeuille, des liquidités ou des titres à court terme portant intérêt, tels que des Titres d’État ou des Titres de Créance. Le Fonds peut investir, dans une moindre mesure, dans d’autres types de valeurs, notamment des Actions de préférence, des Titres d’État, des Titres de Créance, des warrants et des titres convertibles en Actions, quand le Conseiller en Investissement par Délégation concerné perçoit une opportunité de croissance du capital sur ces titres. Ce Fonds peut investir jusqu’à 35 % de sa valeur liquidative en Titres de Créance ou en Titres d'État ne bénéficiant pas d’une notation de Premier Ordre. Le Fonds peut investir, directement ou indirectement (à savoir par l’intermédiaire de certificats américains d’actions étrangères, de certificats européens d’actions étrangères et de certificats internationaux d’actions étrangères) sur les marchés concernés. Le Fonds peut également investir jusqu’à concurrence de 5 % de sa valeur liquidative en titres à coupon zéro, en titres payant leurs intérêts en nature et en Titres à Coupon Progressif ainsi que, sans limitation, en Titres Indexés/Structurés. Les obligations payant leurs intérêts en nature sont des obligations qui peuvent payer leurs intérêts sous la forme d’obligations supplémentaires de même nature.
En investissant dans des Titres de créance, il n’existe aucune limite quant au montant qui peut être investi par le Fonds dans des titres adossés à des créances hypothécaires et titres adossés à des actifs émis ou garantis par le gouvernement d’un pays membre de l’OCDE, ses agences ou organismes ou par des émetteurs privés qui peuvent se voir attribuer une notation inférieure à la qualité Investment Grade par les principales agences de notation et sous réserve de la restriction générale du Fonds quant aux investissements dans des titres d’émetteurs américains et non américains. Par ailleurs, le Fonds peut également investir dans tous les types de valeurs mobilières, et dans des participations ou cessions dans des prêts hypothécaires à taux variables ou d’autres prêts commerciaux, dans la mesure indiquée dans la présente section du Supplément.
Le Conseiller en Investissement par Délégation adopte généralement une approche ascendante envers la constitution de portefeuilles. En d’autres termes, ils veulent identifier les sociétés robustes dotées d’avantages concurrentiels durables qui améliorent leurs retours sur le capital. Le Fonds suit une stratégie d’investissement selon laquelle les sociétés sont jugées principalement en fonction de leurs caractéristiques qualitatives et quantitatives fondamentales. Communément appelé la sélection de titres ou l’investissement ascendant, les portefeuilles de fonds d’investissement axés sur les caractéristiques fondamentales sont constitués un titre à la fois, après des recherches internes intensives à l’égard de chaque société. Les domaines de recherche peuvent cibler la direction de la société, ses finances, ses avantages concurrentiels et ses faiblesses, ses perspectives de croissance de revenus et plusieurs autres paramètres. Cette approche se fonde sur la conviction que certaines sociétés ont des forces inhérentes en matière de création de valeur pour les actionnaires au fil du temps, ont de meilleures perspectives que leurs homologues et devraient donc surclasser l’industrie, même dans des industries ou des circonstances économiques difficiles. L’objectif d’une approche d’investissement fondamentale est d’identifier et d’investir dans de telles sociétés.
Le Fonds peut investir en instruments financiers dérivés à des fins de gestion efficace du portefeuille. Les investissements du Fonds en instruments dérivés seront soumis aux limites stipulées dans la politique d’investissement du Fonds ainsi qu’aux conditions et limites éventuellement stipulées par la Banque centrale. Dans certaines circonstances, le Fonds utilisera des instruments financiers dérivés comme levier. Le Fonds est autorisé à des fins d’investissement à investir jusqu’à 10 % de sa valeur liquidative dans des instruments financiers dérivés. Le montant maximal d’effet de levier (lorsqu’il est calculé en utilisant l’approche d’engagement) que le Fonds peut créer grâce à l’utilisation d’instruments financiers dérivés est de 100 % de la valeur liquidative du Fonds. Toutefois, les Actionnaires doivent noter que, compte tenu de la nature des instruments dérivés et du fait que ces instruments peuvent être négociés à la marge, un relativement faible mouvement défavorable du cours du sous-jacent d’un instrument dérivé donné peut entraîner des mouvements immédiats et importants de l’exposition du Fonds à cet instrument dérivé. Si les limites d’exposition liées à un instrument dérivé devaient être supérieures pour des raisons échappant au contrôle du Fonds, celui-ci aura pour priorité de remédier à cette situation en tenant compte des intérêts de ses Actionnaires.

### UTILISATION DE MESURES DÉFENSIVES TEMPORAIRES
Dans certaines circonstances, à titre temporaire et exceptionnel, lorsque le Conseiller en Investissement ou le Conseiller en Investissement par Délégation concerné estime qu’il en va de l’intérêt des Actionnaires, le Fonds pourra effectuer quelques entorses à ses politiques d’investissement telles qu’elles figurent ci-dessus. Pour de plus amples informations, se référer à la section « Utilisation de mesures défensives temporaires » du Prospectus.

### PROFIL DE L’INVESTISSEUR TYPE

### Le Fonds s’adresse à une grande diversité d’investisseurs, qui recherchent l’accès à un portefeuille géré dans le respect d’un objectif et d’une politique d’investissement spécifiques.
L’investisseur potentiel doit choisir la Catégorie qui correspond le mieux à ses besoins. En sélectionnant une Catégorie, les investisseurs potentiels doivent prendre en considération les éléments suivants :
- le montant qu’ils prévoient d’investir ;
- la durée de détention prévue des Actions ;
- les frais payés au titre de chaque Catégorie ;
- l’admissibilité des Actionnaires au bénéfice d’une renonciation ou d’un abandon des droits d’entrée ;
- la devise de la catégorie d’actions.


### LIMITES D'INVESTISSEMENTS

### Chacun des investissements du Fonds sera limité aux investissements autorisés par le Règlement sur les OPCVM et d'autres limites applicables stipulées à l'Annexe 4 du Prospectus.

### UTILISATION D’INSTRUMENTS ET DE TECHNIQUES D’INVESTISSEMENT ET D’INSTRUMENTS FINANCIERS DÉRIVÉS
Sous réserve de la capacité du Fonds à investir jusqu'à 10 % de sa valeur liquidative dans des instruments financiers dérivés à des fins d'investissement, comme indiqué à la section « Objectif et Politiques d’investissement » ci-dessus, le Conseillers en Investissement par Délégation peut seulement employer des instruments et des techniques d’investissement tels que des contrats à terme normalisés, des options, des swaps et autres instruments financiers dérivés pour une gestion efficace du portefeuille (à savoir une réduction des risques, une réduction des coûts et la génération de capital ou de revenu supplémentaire pour le Fonds) et le Conseiller en Investissement par Délégation est tenu de se conformer aux conditions et restrictions stipulées périodiquement par la Banque centrale. De plus amples informations figurent aux sections

### « Utilisation d'instruments et de techniques d'investissement et d'instruments financiers dérivés » et « Types et description d'instruments financiers dérivés » du Prospectus.
La principale méthode de calcul de l’exposition globale pour le Fonds est l'approche d'engagement. Cependant, le modèle de la VaR ne sera utilisé que lorsque le volume d’instruments dérivés utilisé est plus élevé ou la mise en œuvre des stratégies de produits dérivés est plus complexe ou lorsque le profil de risque du Fonds a connu un certain changement.

### RÈGLEMENT SUR LES OPÉRATIONS DE FINANCEMENT SUR TITRES
Comme décrit plus particulièrement dans la section « Réglementation des opérations de financement de titres » du Prospectus, sous réserve des limites d’investissement indiquées en Annexe 4 du Prospectus, ainsi que des limites d’investissement définies à la section « Objectif et politiques d’investissement » du Supplément : (a) en ce qui concerne les investissements autorisés dans les swaps sur rendement total, le Fonds peut investir au maximum 10 % de sa Valeur liquidative ; et (b) le Fonds peut investir au maximum 100
% de sa Valeur liquidative dans des Opérations de financement sur titres. Sous réserve des limites susmentionnées, le Fonds devrait en général investir entre 0 et 20 % de sa Valeur liquidative dans des swaps sur rendement total et des Opérations de financement sur titres.

### FACTEURS DE RISQUE ET CONSIDÉRATIONS PARTICULIÈRES
L’attention des investisseurs est attirée sur les facteurs de risque et autres considérations particulières qui sont décrits dans le Prospectus à la section intitulée « Facteurs de risque et considérations particulières » et qui peuvent affecter le Fonds. Cette liste de facteurs de risque liés aux investissements dans le Fonds n’est pas exhaustive, et l’attention de l’investisseur est attirée sur la description des instruments financiers qui apparaît à la section « Objectif et politiques d’investissement ».

### POLITIQUE DE DISTRIBUTION
Telles que décrites plus particulièrement dans le Prospectus à la section « Les Actions » et dans le Supplément à la section intitulée « Catégories d'Actions », les Catégories d’Actions de Distribution peuvent différer en termes de fréquence de distribution. Les Catégories d’Actions de Distribution peuvent effectuer des distributions de façon mensuelle, trimestrielle, semestrielle ou annuelle, tel que déterminé moment du lancement de la Catégorie d’Actions concernée. La fréquence de distribution des Catégories d’Actions est indiquée dans le tableau ci-dessous :
| Fréquence de distribution | Dates de déclaration de distribution |
| --- | --- |
| Catégories d’Actions de capitalisation |
| Sans objet | Sans objet |
| Catégories d’Actions de Distribution |
| Mensuelle | Mensuelle, en principe le 15 de chaque mois à moins que ce jour ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Trimestrielle | Trimestrielle, normalement le 15 janvier, le 15 avril, le 15 juillet et le 15 octobre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Semestrielle | Semestrielle, en principe le 15 avril et le 15 octobre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Annuelle | Annuelle, en principe le 15 octobre à moins qu’il ne s’agisse pas d’un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède la date mentionnée. |


### HEURES LIMITES DE NÉGOCIATION ET HEURES DE RÈGLEMENT
Les ordres de souscription d’Actions reçus et acceptés par ou au nom de l’Agent de transfert ou la Société et/ou le Gestionnaire avant l’Heure Limite de Négociation au cours d’un Jour Ouvré repris dans les tableaux ci-dessous seront traités au prix de l’offre déterminé ce Jour Ouvré. Les ordres de souscription d’Actions reçus par ou au nom de l’Agent de transfert ou de la Société et/ou du Gestionnaire après l’Heure Limite de Négociation un Jour Ouvré seront traités au prix de l’offre déterminé le Jour Ouvré suivant. Si le paiement des ordres de souscription n’est pas reçu à l’Heure de Règlement correspondante, une souscription peut être annulée ou l’Actionnaire peut être amené à payer des intérêts sur les montants de souscription non soldés

### aux taux normaux en vigueur. Dans ce cas, l’Agent de Distribution ou l’Actionnaire peut être tenu responsable de toute perte subie par le Fonds.
Le traitement des ordres de rachat est assujetti à la réception et l’acceptation par ou au nom de l’Agent de transfert, la Société et/ou le Gestionnaire d’un ordre de rachat valable. Sous réserve des dispositions de la section « Limites de rachat » dans le Prospectus, les ordres de rachat reçus et acceptés par ou au nom de l’Agent de transfert ou par la Société ou par le Gestionnaire avant l’Heure Limite de Négociation un Jour Ouvré seront traités à la valeur liquidative par Action déterminée ce Jour Ouvré.
| Souscription | Heure Limite de Négociation | Heure de Règlement |
| --- | --- | --- |
| Souscriptions (autres que les Actions de Catégorie Z) | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |
| Souscriptions effectuées directement auprès de l’Agent de Transfert par des Investisseurs Institutionnels Éligibles/Actions de Catégorie Z | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | 15h30, heure de Londres J |
| Rachat | Heure Limite de Négociation | Heure de Règlement |
| Tous les Rachats | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |


### LE CONSEILLER EN INVESTISSEMENT PAR DÉLÉGATION
Le Gestionnaire a désigné JCIL en tant que conseiller en investissement de la Société. À la date du présent Supplément, JCIL a délégué à JCM la responsabilité de fournir des services discrétionnaires de conseil et de gestion de portefeuille, concernant tout ou partie des actifs du Fonds.

### CHARGES ET COMMISSIONS
Les charges et commissions auxquelles est soumis tout investissement dans un Fonds (comprenant les droits d’entrée, les droits de sortie conditionnels différés (CDSC), l’ajustement de la dilution, une commission de gestion et une commission de distribution) sont décrits en détail dans le Prospectus à la section « Charges et Commissions », dont un résume figure ci-dessous. Les Charges et Commissions sur les Catégories d’Actions de capital peuvent imputer certaines commissions et charges sur le capital plutôt que sur les revenus.
| Type de commission | Actions de Catégorie A | Actions de Catégorie B | Actions de Catégorie E | Actions de Catégorie G | Actions de Catégorie H | Actions de Catégorie I | Actions de Catégorie S | Actions de Catégorie V | Actions de Catégorie Z |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Droit d'entrée | Jusqu'à 5,00 % du montant souscrit | S/O | Jusqu'à 2,00 % du montant souscrit | S/O | S/O | Jusqu'à 2,00 % du montant souscrit | Jusqu'à 2,00 % du montant souscrit | S/O | S/O |
| CDSC Moins d'un an depuis l’achat - à 2 ans
- à 3 ans
- à 4 ans Plus de 4 ansdepuis l’achat
 | S/O | 4 % 3 % 2 % 1 % 0 % | S/O | S/O | S/O | S/O | S/O | 3 % 2 % 1 % 0 % - | S/O |
| Commissions de services aux Actionnaires | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 1,25 % de la valeur liquidative | S/O | S/O | S/O | S/O | Jusqu'à 0,75 % de la valeur liquidative | S/O |
| Commission de distribution | S/O | Jusqu'à 1,00 % de la valeur liquidative | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Commission de gestion d’investisseme nt | Jusqu'à 1,00 % de la valeur liquidative | Jusqu'à 1,00 % de la valeur liquidative | Jusqu'à 1,00 % de la valeur liquidative | Jusqu'à 0,80 % de la valeur liquidative | Jusqu'à 0,80 % de la valeur liquidative | Jusqu'à 0,80 % de la valeur liquidative | Jusqu'à 0,80 % de la valeur liquidative | Jusqu'à 1,00 % de la valeur liquidative | Voir Prospectus |
| Commission de performance | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Charges et Commissions | 2,25 % de la valeur liquidative | 3,25 % de la valeur liquidative | 2,75 % de la valeur liquidative | 1,05 % de la valeur liquidative | 1,05 % de la valeur liquidative | 1,05 % de la valeur liquidative | 1,05 % de la valeur liquidative | 2,25 % de la valeur liquidative | Voir Prospectus |


### AJUSTEMENT DE DILUTION
Un ajustement de dilution peut être appliqué à la Valeur liquidative par Action du Fonds au cours d’un jour de négociation (i) si les souscriptions ou rachats nets dépassent le seuil déterminé à l’avance relatif à la Valeur liquidative du Fonds (lorsqu’un tel seuil est ponctuellement déterminé à l’avance pour le Fonds par le Gestionnaire) ou (ii) dans tout autre cas impliquant des souscriptions ou des rachats nets dans le Fonds, si le Gestionnaire ou ses délégués estiment raisonnablement que l’imposition d’un ajustement de dilution s’inscrira dans l’intérêt des Actionnaires existants.

### CATÉGORIES D’ACTIONS
Comme décrit plus particulièrement dans la section « Les Actions » du Prospectus, la Société propose 11 Catégories d’Actions avec diverses politiques de distribution, fréquences de distribution, politiques de couverture et devises dans chaque Catégorie. Le nouveau nom de chaque Catégorie d’Actions offertes par la Société permet aux Actionnaires d’identifier la politique de distribution, la fréquence de distribution, la politique de couverture et la devise d’une Catégorie en fonction de sous-classifications. Le tableau ci-dessous apporte des précisions sur les Catégories d’Actions du Fonds approuvées par la Banque Centrale, ainsi que sur les Catégories disponibles à l’achat à la date du présent Supplément.
Si, pour une catégorie d’actions donnée d’un fonds donné, aucune émission n’avait préalablement été faite ou s’il est procédé à une réémission, une souscription initiale sera alors possible : (i) à la/aux date(s) devant être déterminée(s) par le Gestionnaire et communiquée(s) à l’avance à la Banque centrale et (ii) le prix de l’offre initiale et le prix de réémission stipulés dans le Prospectus à la section intitulée « Offres initiales de
catégories d’actions ». Dans le cas d’un Fonds au titre duquel une ou plusieurs Catégories d’Actions sont déjà émises, le prix de l’offre initiale par Action pour toute Catégorie d’Actions supplémentaire émise en rapport avec ledit Fonds pourra correspondre à la valeur liquidative par Action desdites autres Catégories d’Actions du Fonds concerné tel que fixé par le Gestionnaire et communiqué à l’avance à la Banque Centrale, ainsi qu’aux Actionnaires potentiels.
| CATÉGORIES D’ACTIONS approuvées par la Banque Centrale à la date du présent Prospectus |
| --- |
| Catégories libellées en Dollars américains | Catégories libellées en Euros | Catégories libellées en Livres sterling | Catégories libellées en Dollars de Hong Kong | Catégories libellées en Dollars australiens | Catégories libellées en Francs suisses | Catégories libellées en Dollars canadiens | Catégories libellées en Renminbi (CNH) | Catégories libellées en Couronnes suédoises | Catégories libellées en Dollars néo- zélandais | Catégories libellées en Dollars de Singapour |
| A2 USD B2 USD E2 USD H2 USD G2 USD I2 USD S2 USD V2 USD Z2 USD A5m USD E5m USD H1m USD A3 USD A3s USD A3q USD A3m USD A4q USD A4m USD I1 USD I3 USD I3s USD I3q USD I3m USD I4q USD I4m USD I5m USD H1 USD H3 USD H3s USD H3q USD H3m USD H4q USD H4m USD H5m USD G1 USD G3 USD G3s USD G3q USD G3m USD G4q USD G4m USD G5m USD E1 USD E3 USD E3s USD E3q USD E3m USD E4q USD E4m USD | A2 HEUR A2 EUR B2 HEUR E2 HEUR H2 HEUR G2 HEUR I2 HEUR S2 HEUR V2 HEUR Z2 EUR A5m HEUR E5m HEUR I1m HEUR H1 m HEUR A3 HEUR A3s HEUR A3q HEUR A3m HEUR A4q HEUR A4m HEUR I1 HEUR I3 HEUR I3s HEUR I3q HEUR I3m HEUR I4q HEUR I4m HEUR I5m HEUR H1 HEUR H3 HEUR H3s HEUR H3q HEUR H3m HEUR H4q HEUR H4m HEUR H5m HEUR G1 HEUR G3 HEUR G3s HEUR G3q HEUR G3m HEUR G4q HEUR G4m HEUR G5m HEUR E1 HEUR E3 HEUR E3s HEUR E3q HEUR E3m HEUR E4q HEUR E4m HEUR A3m EUR I2 EUR I3m EUR H2 EUR H3m EUR G2 EUR G3m EUR | I2 HGBP I2 GBP S2 HGBP H2 HGBP H2 GBP G2 HGBP G2 GBP Z2 GBP Z2 HGBP I1m HGBP H1 HGBP H3 HGBP H3s HGBP H3q HGBP H3m HGBP H4q HGBP H4m HGBP H5m HGBP G1 HGBP G3 HGBP G3s HGBP G3q HGBP G3m HGBP G4q HGBP G4m HGBP G5m HGBP I1 HGBP I3 HGBP I3s HGBP I3q HGBP I3m HGBP I4q HGBP I4m HGBP I5m HGBP | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD H2 HKD G2 HKD A5m HKD V5m HKD A3 HKD A3s HKD A3q HKD A3m HKD A4q HKD A4m HKD I1 HKD I3 HKD I3s HKD I3q HKD I3m HKD I4q HKD I4m HKD I5m HKD H1 HKD H3 HKD H3s HKD H3q HKD H3m HKD H4q HKD H4m HKD H5m HKD G1 HKD G3 HKD G3s HKD G3q HKD G3m HKD G4q HKD G4m HKD G5m HKD E1 HKD E3 HKD E3s HKD E3q HKD E3m HKD E4q HKD E4m HKD E5m HKD | A2 HAUD I2 HAUD S2 HAUD H2 HAUD G2 HAUD V2 HAUD Z2 AUD A5 m HAUD V5 m HAUD A3 HAUD A3s HAUD A3q HAUD A3m HAUD A4q HAUD A4m HAUD I1 HAUD I3 HAUD I3s HAUD I3q HAUD I3m HAUD I4q HAUD I4m HAUD I5m HAUD H1 HAUD H3 HAUD H3s HAUD H3q HAUD H3m HAUD H4q HAUD H4m HAUD H5m HAUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF G2 HCHF Z2 CHF A3 HCHF A3s HCHF A3q HCHF A3m HCHF A4q HCHF A4m HCHF A5m HCHF I1 HCHF I3 HCHF I3s HCHF I3q HCHF I3m HCHF I4q HCHF I4m HCHF I5m HCHF H1 HCHF H3 HCHF H3s HCHF H3q HCHF H3m HCHF H4q HCHF H4m HCHF H5m HCHF G1 HCHF G3 HCHF G3s HCHF G3q HCHF G3m HCHF G4q HCHF G4m HCHF G5m HCHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH VC2 HCNH Z2 CNH A5m HCNH A3 HCNH A3s HCNH A3q HCNH A3m HCNH A4q HCNH A4m HCNH A5m HCNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 HNZD | A2 SGD A2 HSGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD A5m HSGD A5m SGD A3 HSGD A3s HSGD A3q HSGD A3m HSGD A4q HSGD A4m HSGD A3 SGD A3s SGD A3q SGD A3m SGD A4q SGD A4m SGD I1 HSGD I3 HSGD I3s HSGD I3q HSGD I3m HSGD I4q HSGD I4m HSGD I5m HSGD I1 SGD I3 SGD I3s SGD I3q SGD I3m SGD I4q SGD I4m SGD I5m SGD |


### Supplément concernant le Fonds Janus Henderson US Balanced 2026 Fund

### Le présent Supplément est établi en date du 26 février 2021.
Le présent Supplément contient des informations spécifiques au fonds Janus Henderson US Balanced 2026 Fund (le « Fonds »), un compartiment de Janus Henderson Capital Funds plc (la « Société »). La Société est un OPCVM établi sous la forme d’une société d’investissement à capital variable avec séparation des passifs entre les Fonds, constituée en Irlande et régie par la Banque centrale.
Ce Supplément fait partie intégrante du dernier Prospectus et doit être lu conjointement avec celui-ci. Le Prospectus peut être révisé ou complété de temps à autre. Les termes commençant par une majuscule utilisés dans le présent Supplément, qui n'ont pas été définis dans les présentes, ont la même signification que dans le Prospectus.

### RÉSUMÉ

### Les informations reprises sous ce titre constituent un résumé des principales caractéristiques du Fonds et doivent être lues conjointement avec le texte complet du Supplément.
| Catégories d’actions | Ce Fonds est fermé aux nouvelles souscriptions (y compris aux échanges à destination du Fonds). |
| --- | --- |
| Fréquence des souscriptions, rachats et échanges | Sauf indication contraire des Administrateurs et/ou du Gestionnaire, les rachats peuvent être effectués tout Jour Ouvré en suivant les procédures décrites dans la section du Prospectus intitulée « Comment obtenir le rachat d’Actions ». |
| Souscriptions minimales | Ce Fonds est fermé aux nouvelles souscriptions (y compris aux échanges à destination du Fonds). |
| Adaptation des Catégories | Ce Fonds est fermé aux nouvelles souscriptions (y compris aux échanges à destination du Fonds). |
| Devise de base | Dollar US |


### OBJECTIF ET POLITIQUES D’INVESTISSEMENT
L’objectif d’investissement du Fonds est un rendement total (revenu et croissance du capital) à un horizon de 7 ans. Il poursuit cet objectif en investissant 55 à 75 % de sa valeur liquidative dans des Titres de créance et 25 à 45 % de sa valeur liquidative dans des Actions (également appelées parts de société). Au moins 75 % de sa valeur liquidative sont investis dans des Sociétés américaines et dans des Émetteurs et participations dans des prêts américains. Ce Fonds peut investir jusqu’à 25 % de sa valeur liquidative en Titres de Créance ne bénéficiant pas d’une notation de Premier Ordre. Le montant total du Fonds qui peut être investi dans des titres négociés sur des Marchés en développement est de 10 % de sa valeur liquidative. Le Fonds peut utiliser, à concurrence de 10 % de sa valeur liquidative, des techniques et instruments d’investissement tels que des contrats à terme normalisés, des options, des swaps et d’autres instruments financiers dérivés à des fins d’investissement, sous réserve des conditions et limites stipulées ponctuellement par la Banque Centrale.
Objectif de performance : Générer un revenu de 2,5 % par an (sur la valeur de souscription initiale) et une croissance du capital, avant déduction des frais, au 18 novembre 2026 (« Échéance »). Le montant des revenus et la croissance du capital à l’Échéance ne sont pas garantis.
Le Fonds est géré activement sans référence à un indice de référence. Le Conseiller en Investissement par Délégation dispose d’une grande liberté pour choisir des investissements individuels pour le Fonds.Le Conseiller en Investissement par Délégation prend ses décisions d’allocation en fonction du risque de marché global et de ses évaluations fondamentales des titres sur les marchés actions et obligataires. Une approche dynamique de l’allocation d’actifs dans des actions et des Titres de créance vise un équilibre optimal des opportunités d’investissement dans divers environnements de marché. L’approche dynamique implique que l’équipe de gestion de portefeuille du Conseiller en Investissement par Délégation s’engage activement à positionner le portefeuille du Fonds en actions et en titres à revenu fixe plutôt que d’avoir une allocation statique répartie entre les deux.
La composante actions du Fonds est constituée par le Conseiller en Investissement par Délégation à l’aide d’une combinaison d’investissements de base et d’investissements opportunistes. Les investissements de base concernent des sociétés jugées présenter une croissance organique des revenus, ainsi que des bénéfices et des flux de trésorerie durables. Les investissements opportunistes concernent les sociétés jugées avoir un potentiel de croissance émergent ou connaître des situations de transformation (par exemple, de nouvelles équipes de direction). Le portefeuille de Titres de Créance est construit par rapport à la composante actions afin de gérer la volatilité globale du Fonds. Les Titres de Créance sont sélectionnés selon un processus d’investissement ascendant axé sur les fondamentaux. Le processus des Conseillers en Investissement par Délégation suit l’analyse des sociétés et des titres individuels avec examen des informations financières, visites d’entreprises et études de marché.

### Suite à la clôture de la période d’offre initiale, le Fonds ne sera plus ouvert aux souscriptions et/ou transferts dans le Fonds.
La dernière Valeur liquidative sera calculée le 18 novembre 2026 et les produits seront restitués aux Actionnaires au plus tard le 2 décembre 2026. À l’approche de son Échéance, le Fonds pourra investir dans des instruments du marché monétaire, des liquidités et des quasi-liquidités.
Le Fonds peut investir dans tous les types de valeurs mobilières mentionnés ci-dessus, sous réserve des limites définies dans les présentes. Le Fonds peut investir jusqu’à concurrence de 20 % de sa valeur liquidative dans des titres émis par des Émetteurs non Américains. De manière générale, ces investissements non américains seront négociés sur des Marchés Réglementés qui ne sont pas considérés comme des Marchés en développement.
Le Fonds pourra investir jusqu’à concurrence de 5 % de sa valeur liquidative dans des titres d’autres Organismes de placement collectif admissibles. Un tel investissement englobe la possibilité d’investir dans d’autres Fonds. Cependant, le Fonds ne peut pas investir dans un autre Fonds détenant lui-même des Actions d’un autre Fonds. Lorsqu'il investit dans un autre Fonds, le Fonds ne peut pas prélever une commission annuelle de gestion de portefeuille et/ou de gestion administrative pour ce qui concerne la fraction de ses actifs qui sont investis dans l'autre Fonds.
Le Fonds peut réaliser des investissements importants en actions, sous réserve du respect des limites de pourcentages prévues dans les présentes, dans la mesure où le Conseiller en investissement par délégation estime que les marchés concernés bénéficient d’une conjoncture favorable à un investissement rentable dans ces valeurs. Les titres sont généralement sélectionnés par le Conseiller en investissement par délégation sans considération du secteur d’activité ou d’autres critères de sélection semblables ; le Fonds n’a pas vocation à être spécialisé dans un secteur d’activité donné.
L’obtention de revenus est un critère d’investissement important pour le Fonds dans la mesure où celui-ci investit dans des valeurs mobilières telles que celles auxquelles il est fait référence dans la présente section du Supplément.
Le pourcentage des actifs du Fonds investis en Actions variera et, selon les conditions de marché analysées par le Conseiller en Investissement par Délégation, le Fonds peut détenir, à titre accessoire dans son portefeuille, des liquidités ou des titres à court terme portant intérêt, tels que des Titres d’État ou des Titres de Créance. Le Fonds peut investir, dans une moindre mesure, dans d’autres types de valeurs, notamment des Actions de préférence, des Titres d’État, des Titres de Créance, des warrants et des titres convertibles en Actions, quand le Conseiller en Investissement par Délégation concerné perçoit une opportunité de croissance du capital sur ces titres. Ce Fonds peut investir jusqu’à 25 % de sa valeur liquidative en Titres de Créance ou
en Titres d'État ne bénéficiant pas d’une notation de Premier Ordre. Le Fonds peut investir, directement ou indirectement (à savoir par l’intermédiaire de certificats américains d’actions étrangères, de certificats européens d’actions étrangères et de certificats internationaux d’actions étrangères) sur les marchés concernés. Le Fonds peut également investir jusqu’à concurrence de 5 % de sa valeur liquidative en titres à coupon zéro, en titres payant leurs intérêts en nature et en Titres à Coupon Progressif ainsi que, sans limitation, en Titres Indexés/Structurés. Les obligations payant leurs intérêts en nature sont des obligations qui peuvent payer leurs intérêts sous la forme d’obligations supplémentaires de même nature.
En investissant dans des Titres de créance, il n’existe aucune limite quant au montant qui peut être investi par le Fonds dans des titres adossés à des créances hypothécaires et titres adossés à des actifs émis ou garantis par le gouvernement d’un pays membre de l’OCDE, ses agences ou organismes ou par des émetteurs privés qui peuvent se voir attribuer une notation inférieure à la qualité Investment Grade par les principales agences de notation et sous réserve de la restriction générale du Fonds quant aux investissements dans des titres d’émetteurs américains et non américains. Par ailleurs, le Fonds peut également investir dans tous les types de valeurs mobilières, et dans des participations ou cessions dans des prêts hypothécaires à taux variables ou d’autres prêts commerciaux, dans la mesure indiquée dans la présente section du Supplément.
Le Conseiller en Investissement par Délégation adopte généralement une approche ascendante envers la constitution de portefeuilles. En d’autres termes, ils veulent identifier les sociétés robustes dotées d’avantages concurrentiels durables qui améliorent leurs retours sur le capital. Le Fonds suit une stratégie d’investissement selon laquelle les sociétés sont jugées principalement en fonction de leurs caractéristiques qualitatives et quantitatives fondamentales. Communément appelé la sélection de titres ou l’investissement ascendant, les portefeuilles de fonds d’investissement axés sur les caractéristiques fondamentales sont constitués un titre à la fois, après des recherches internes intensives à l’égard de chaque société. Les domaines de recherche peuvent cibler la direction de la société, ses finances, ses avantages concurrentiels et ses faiblesses, ses perspectives de croissance de revenus et plusieurs autres paramètres. Cette approche se fonde sur la conviction que certaines sociétés ont des forces inhérentes en matière de création de valeur pour les actionnaires au fil du temps, ont de meilleures perspectives que leurs homologues et devraient donc surclasser l’industrie, même dans des industries ou des circonstances économiques difficiles. L’objectif d’une approche d’investissement fondamentale est d’identifier et d’investir dans de telles sociétés.
Le Fonds peut investir en instruments financiers dérivés à des fins de gestion efficace du portefeuille. Les investissements du Fonds en instruments dérivés seront soumis aux limites stipulées dans la politique d’investissement du Fonds ainsi qu’aux conditions et limites éventuellement stipulées par la Banque centrale. Dans certaines circonstances, le Fonds utilisera des instruments financiers dérivés comme levier. Le Fonds est autorisé à des fins d’investissement à investir jusqu’à 10 % de sa valeur liquidative dans des instruments financiers dérivés. Le montant maximal d’effet de levier (lorsqu’il est calculé en utilisant l’approche d’engagement) que le Fonds peut créer grâce à l’utilisation d’instruments financiers dérivés est de 100 % de la valeur liquidative du Fonds. Toutefois, les Actionnaires doivent noter que, compte tenu de la nature des instruments dérivés et du fait que ces instruments peuvent être négociés à la marge, un relativement faible mouvement défavorable du cours du sous-jacent d’un instrument dérivé donné peut entraîner des mouvements immédiats et importants de l’exposition du Fonds à cet instrument dérivé. Si les limites d’exposition liées à un instrument dérivé devaient être supérieures pour des raisons échappant au contrôle du Fonds, celui-ci aura pour priorité de remédier à cette situation en tenant compte des intérêts de ses Actionnaires.

### UTILISATION DE MESURES DÉFENSIVES TEMPORAIRES
Dans certaines circonstances, à titre temporaire et exceptionnel, lorsque le Conseiller en Investissement ou le Conseiller en Investissement par Délégation concerné estime qu’il en va de l’intérêt des Actionnaires, le Fonds pourra effectuer quelques entorses à ses politiques d’investissement telles qu’elles figurent ci-dessus. Pour de plus amples informations, se référer à la section « Utilisation de mesures défensives temporaires » du Prospectus.

### PROFIL DE L’INVESTISSEUR TYPE

### Le Fonds s’adresse à une grande diversité d’investisseurs, qui recherchent l’accès à un portefeuille géré dans le respect d’un objectif et d’une politique d’investissement spécifiques.
L’investisseur potentiel doit choisir la Catégorie qui correspond le mieux à ses besoins. En sélectionnant une Catégorie, les investisseurs potentiels doivent prendre en considération les éléments suivants :
- le montant qu’ils prévoient d’investir ;
- la durée de détention prévue des Actions ;
- les frais payés au titre de chaque Catégorie ;
- l’admissibilité des Actionnaires au bénéfice d’une renonciation ou d’un abandon des droits d’entrée ;
- la devise de la catégorie d’actions.


### LIMITES D'INVESTISSEMENTS

### Chacun des investissements du Fonds sera limité aux investissements autorisés par le Règlement sur les OPCVM et d'autres limites applicables stipulées à l'Annexe 4 du Prospectus.

### UTILISATION D’INSTRUMENTS ET DE TECHNIQUES D’INVESTISSEMENT ET D’INSTRUMENTS FINANCIERS DÉRIVÉS
Sous réserve de la capacité du Fonds à investir jusqu'à 10 % de sa valeur liquidative dans des instruments financiers dérivés à des fins d'investissement, comme indiqué à la section « Objectif et Politiques d’investissement » ci-dessus, le Conseillers en Investissement par Délégation peut seulement employer des instruments et des techniques d’investissement tels que des contrats à terme normalisés, des options, des swaps et autres instruments financiers dérivés pour une gestion efficace du portefeuille (à savoir une réduction des risques, une réduction des coûts et la génération de capital ou de revenu supplémentaire pour le Fonds) et le Conseiller en Investissement par Délégation est tenu de se conformer aux conditions et restrictions stipulées périodiquement par la Banque centrale. De plus amples informations figurent aux sections

### « Utilisation d'instruments et de techniques d'investissement et d'instruments financiers dérivés » et « Types et description d'instruments financiers dérivés » du Prospectus.
La principale méthode de calcul de l’exposition globale pour le Fonds est l'approche d'engagement. Cependant, le modèle de la VaR ne sera utilisé que lorsque le volume d’instruments dérivés utilisé est plus élevé ou la mise en œuvre des stratégies de produits dérivés est plus complexe ou lorsque le profil de risque du Fonds a connu un certain changement.

### RÈGLEMENT SUR LES OPÉRATIONS DE FINANCEMENT SUR TITRES
Comme décrit plus particulièrement dans la section « Réglementation des opérations de financement de titres » du Prospectus, sous réserve des limites d’investissement indiquées en Annexe 4 du Prospectus, ainsi que des limites d’investissement définies à la section « Objectif et politiques d’investissement » du Supplément : (a) en ce qui concerne les investissements autorisés dans les swaps sur rendement total, le Fonds peut investir au maximum 10 % de sa Valeur liquidative ; et (b) le Fonds peut investir au maximum 100
% de sa Valeur liquidative dans des Opérations de financement sur titres. Sous réserve des limites susmentionnées, le Fonds devrait en général investir entre 0 et 20 % de sa Valeur liquidative dans des swaps sur rendement total et des Opérations de financement sur titres.

### FACTEURS DE RISQUE ET CONSIDÉRATIONS PARTICULIÈRES
L’attention des investisseurs est attirée sur les facteurs de risque et autres considérations particulières qui sont décrits dans le Prospectus à la section intitulée « Facteurs de risque et considérations particulières » et qui peuvent affecter le Fonds. Cette liste de facteurs de risque liés aux investissements dans le Fonds n’est pas exhaustive, et l’attention de l’investisseur est attirée sur la description des instruments financiers qui apparaît à la section « Objectif et politiques d’investissement ».

### POLITIQUE DE DISTRIBUTION
Telles que décrites plus particulièrement dans le Prospectus à la section « Les Actions » et dans le Supplément à la section intitulée « Catégories d'Actions », les Catégories d’Actions de Distribution peuvent différer en termes de fréquence de distribution. Les Catégories d’Actions de Distribution peuvent effectuer des distributions de façon mensuelle, trimestrielle, semestrielle ou annuelle, tel que déterminé moment du

### lancement de la Catégorie d’Actions concernée. La fréquence de distribution des Catégories d’Actions est indiquée dans le tableau ci-dessous :
| Fréquence de distribution | Dates de déclaration de distribution |
| --- | --- |
| Catégories d’Actions de capitalisation |
| Sans objet | Sans objet |
| Catégories d’Actions de Distribution |
| Annuelle | Annuelle, en principe le 18 novembre à moins qu’il ne s’agisse pas d’un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède la date mentionnée. |


### HEURES LIMITES DE NÉGOCIATION ET HEURES DE RÈGLEMENT
Les ordres de souscription d’Actions reçus et acceptés par ou au nom de l’Agent de transfert ou la Société et/ou le Gestionnaire avant l’Heure Limite de Négociation au cours d’un Jour Ouvré repris dans les tableaux ci-dessous seront traités au prix de l’offre déterminé ce Jour Ouvré. Les ordres de souscription d’Actions reçus par ou au nom de l’Agent de transfert ou de la Société et/ou du Gestionnaire après l’Heure Limite de Négociation un Jour Ouvré seront traités au prix de l’offre déterminé le Jour Ouvré suivant. Si le paiement des ordres de souscription n’est pas reçu à l’Heure de Règlement correspondante, une souscription peut être annulée ou l’Actionnaire peut être amené à payer des intérêts sur les montants de souscription non soldés aux taux normaux en vigueur. Dans ce cas, l’Agent de Distribution ou l’Actionnaire peut être tenu responsable de toute perte subie par le Fonds.
Le traitement des ordres de rachat est assujetti à la réception et l’acceptation par ou au nom de l’Agent de transfert, la Société et/ou le Gestionnaire d’un ordre de rachat valable. Sous réserve des dispositions de la section « Limites de rachat » dans le Prospectus, les ordres de rachat reçus et acceptés par ou au nom de l’Agent de transfert ou par la Société ou par le Gestionnaire avant l’Heure Limite de Négociation un Jour Ouvré seront traités à la valeur liquidative par Action déterminée ce Jour Ouvré.
| Souscription | Heure Limite de Négociation | Heure de Règlement |
| --- | --- | --- |
| Ce Fonds est fermé aux nouvelles souscriptions (y compris aux échanges à destination du Fonds). |
| Rachat | Heure Limite de Négociation | Heure de Règlement |
| Tous les Rachats | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |


### LE CONSEILLER EN INVESTISSEMENT PAR DÉLÉGATION
Le Gestionnaire a désigné JCIL en tant que conseiller en investissement de la Société. À la date du présent Supplément, JCIL a délégué à JCM la responsabilité de fournir des services discrétionnaires de conseil et de gestion de portefeuille, concernant tout ou partie des actifs du Fonds.

### CHARGES ET COMMISSIONS
Les charges et commissions auxquelles est soumis tout investissement dans un Fonds (comprenant les droits d’entrée, les droits de sortie conditionnels différés (CDSC), l’ajustement de la dilution, une commission de gestion et une commission de distribution) sont décrits en détail dans le Prospectus à la section « Charges et Commissions », dont un résume figure ci-dessous. Les Charges et Commissions sur les Catégories d’Actions de capital peuvent imputer certaines commissions et charges sur le capital plutôt que sur les revenus.
| Type de commission | Actions de Catégorie Y |
| --- | --- |
| Droit d'entrée | S/O |
| Frais de transaction 18 novembre 2019 - 18 novembre 2021 19 novembre 2021 - 18 novembre 2023 19 novembre 2023 - 18 novembre 2025 19 novembre 2025 - 18 novembre 2026 19 octobre 2026 | 2,00 % 1,50 % 1,00 % 0,50 % 0 % |
| Commission de placement | 2,00 % du montant investi |
| Commission de gestion d’investissement | Jusqu'à 0,80 % de la valeur liquidative |
| Commission de performance | S/O |
| Charges et Commissions | 1,80 % de la valeur liquidative |


### AJUSTEMENT DE DILUTION
Un ajustement de dilution peut être appliqué à la Valeur liquidative par Action du Fonds au cours d’un jour de négociation (i) si les souscriptions ou rachats nets dépassent le seuil déterminé à l’avance relatif à la Valeur liquidative du Fonds (lorsqu’un tel seuil est ponctuellement déterminé à l’avance pour le Fonds par le Gestionnaire) ou (ii) dans tout autre cas impliquant des souscriptions ou des rachats nets dans le Fonds, si le Gestionnaire ou ses délégués estiment raisonnablement que l’imposition d’un ajustement de dilution s’inscrira dans l’intérêt des Actionnaires existants.

### CATÉGORIES D’ACTIONS
Comme décrit plus particulièrement dans la section « Les Actions » du Prospectus, la Société propose 11 Catégories d’Actions avec diverses politiques de distribution, fréquences de distribution, politiques de couverture et devises dans chaque Catégorie. Le nouveau nom de chaque Catégorie d’Actions offertes par la Société permet aux Actionnaires d’identifier la politique de distribution, la fréquence de distribution, la politique de couverture et la devise d’une Catégorie en fonction de sous-classifications. Le tableau ci-dessous apporte des précisions sur les Catégories d’Actions du Fonds approuvées par la Banque Centrale, ainsi que sur les Catégories disponibles à l’achat à la date du présent Supplément.
Si, pour une catégorie d’actions donnée d’un fonds donné, aucune émission n’avait préalablement été faite ou s’il est procédé à une réémission, une souscription initiale sera alors possible : (i) à la/aux date(s) devant être déterminée(s) par le Gestionnaire et communiquée(s) à l’avance à la Banque centrale et (ii) le prix de l’offre initiale et le prix de réémission stipulés dans le Prospectus à la section intitulée « Offres initiales de catégories d’actions ». Dans le cas d’un Fonds au titre duquel une ou plusieurs Catégories d’Actions sont déjà émises, le prix de l’offre initiale par Action pour toute Catégorie d’Actions supplémentaire émise en rapport avec ledit Fonds pourra correspondre à la valeur liquidative par Action desdites autres Catégories d’Actions du Fonds concerné tel que fixé par le Gestionnaire et communiqué à l’avance à la Banque Centrale, ainsi qu’aux Actionnaires potentiels.
| CATÉGORIES D’ACTIONS approuvées par la Banque Centrale à la date du présent Supplément |
| --- |
| Catégories libellées en Dollars américains | Catégories libellées en Euros | Catégories libellées en Livres sterling | Catégories libellées en Dollars de Hong Kong | Catégories libellées en Dollars australiens | Catégories libellées en Francs suisses | Catégories libellées en Dollars canadiens | Catégories libellées en Renminbi (CNH) | Catégories libellées en Couronnes suédoises | Catégories libellées en Dollars néo- zélandais | Catégories libellées en Dollars de Singapour |
| S/O | Y2 HEUR Y4 HEUR | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O |


### Supplément concernant le Fonds

### Janus Henderson Emerging Markets Leaders Fund1

### Le présent Supplément est établi en date du 26 février 2021.
Le présent Supplément contient des informations spécifiques au fonds Janus Henderson Emerging Markets Leaders Fund (le « Fonds »), un compartiment de Janus Henderson Capital Funds plc (la « Société »). La Société est un OPCVM établi sous la forme d’une société d’investissement à capital variable avec séparation des passifs entre les Fonds, constituée en Irlande et régie par la Banque centrale.
Ce Supplément fait partie intégrante du dernier Prospectus et doit être lu conjointement avec celui-ci. Le Prospectus peut être révisé ou complété de temps à autre. Les termes commençant par une majuscule utilisés dans le présent Supplément, qui n'ont pas été définis dans les présentes, ont la même signification que dans le Prospectus.

### RÉSUMÉ

### Les informations reprises sous ce titre constituent un résumé des principales caractéristiques du Fonds et doivent être lues conjointement avec le texte complet du Supplément.
| Catégories d’actions | Ce Fonds est fermé aux nouvelles souscriptions (y compris aux échanges à destination du Fonds). Il est en cours de liquidation. |
| --- | --- |
| Sans objet. |
| Fréquence des souscriptions, rachats et échanges | Sans objet. |
| Souscriptions minimales | Sans objet. |
| Adaptation des Catégories | Sans objet. |
| Devise de base | Dollar US |


### OBJECTIF ET POLITIQUES D’INVESTISSEMENT
L’objectif d’investissement de ce Fonds est la croissance à long terme du capital. En temps normal, le Fonds s’efforce d’atteindre son objectif en investissant principalement dans les titres de capital émis par des sociétés constituées ou dont le gros de l’activité se déroule dans un ou plusieurs Marchés en développement (Chine comprise), ou dans des sociétés dont une large proportion du chiffre d’affaires ou des bénéfices provient d’un ou plusieurs Marchés en développement ou dont une part significative des actifs est située dans un ou plusieurs Marchés en développement. En raison de son exposition aux Marchés en développement, un investissement dans le Fonds ne doit pas représenter une part substantielle des investissements d’un portefeuille d’investissement et peut ne pas convenir à tous les investisseurs.
Le Fonds peut investir, sans limitation, dans des titres de capital ou utiliser des techniques et instruments d’investissement (tels que décrits plus particulièrement ci-dessous) qui sont exposés au marché chinois. Le Fonds peut investir directement en Actions « B » chinoises. Le Fonds peut être exposé indirectement aux actions « A » chinoises au travers d’investissements dans (i) d’autres organismes de placement collectif qui investissent principalement en actions « A » chinoises, (ii) d’autres instruments financiers, tels que des obligations structurées, des obligations participatives, des obligations adossées à des actions, et (iii) des
1 Ce Fonds est fermé aux nouvelles souscriptions (y compris aux échanges à destination du Fonds). Il est en cours de liquidation.
instruments financiers dérivés, tels que des contrats à terme normalisés, des options et des swaps, lorsque les actifs sous-jacents se composent de titres émis par des sociétés cotées sur des Marchés réglementés en Chine et/ou de titres non cotés de sociétés chinoises dans la mesure autorisée par le Règlement sur les OPCVM tel qu’indiqué à l’Annexe 4 du prospectus, et/ou dont la performance est liée à la performance de titres émis par des sociétés cotées sur des Marchés réglementés en Chine et/ou de titres non cotés de sociétés chinoises dans la mesure autorisée par le Règlement sur les OPCVM tel qu’indiqué à l’Annexe 4 du Prospectus. Le Fonds peut investir également dans certaines Actions « A » chinoises admissibles et être exposé directement à celles-ci par le biais du programme Shanghai-Hong Kong Stock Connect. Le Fonds limitera le total de ses investissements dans les actions « A » chinoises et les Actions « B » chinoises à un maximum de 25 % de sa valeur liquidative. Seules les obligations participatives et les obligations structurées ne recourant pas à l’effet de levier, titrisées et en mesure d’être librement cédées et transférées à d’autres investisseurs et qui sont acquises par l’intermédiaire de courtiers reconnus et réglementés sont réputées être des valeurs mobilières négociées sur des Marchés Réglementés. Veuillez vous reporter à la section
« Facteurs de risque et considérations particulières » du Prospectus pour obtenir une description de certains risques d’investissement associés spécifiquement aux investissements en Chine et par le biais du Shanghai- Hong Kong Stock Connect.
Le Fonds peut employer des techniques et instruments d’investissement, tels que des contrats à terme normalisés, des options, des swaps et autres instruments dérivés à des fins de gestion efficace du portefeuille (c’est-à-dire une réduction des risques, une réduction des coûts et la génération de capital ou de revenu supplémentaire pour le Fonds) ou à des fins d’investissement (comme indiqué dans la section intitulée « Types et description d’instruments financiers dérivés ») du prospectus, sous réserve des conditions et dans les limites stipulées périodiquement par la Banque Centrale concernant l’acquisition ou la couverture d’une exposition aux placements dont il s’agit dans ces politiques d’investissement.
Le Fonds pourra investir jusqu’à concurrence de 5 % de sa valeur liquidative dans des titres d’autres Organismes de placement collectif admissibles. Un tel investissement englobe la possibilité d’investir dans d’autres Fonds. Cependant, le Fonds ne peut pas investir dans un autre Fonds détenant lui-même des Actions d’un autre Fonds. Lorsqu'il investit dans un autre Fonds, le Fonds ne peut pas prélever une commission annuelle de gestion de portefeuille et/ou de gestion administrative pour ce qui concerne la fraction de ses actifs qui sont investis dans l'autre Fonds.

### L’obtention de revenus n'est pas un critère d’investissement important pour le Fonds.
Le pourcentage des actifs du Fonds investis en Actions variera et, selon les conditions de marché analysées par le Conseiller en Investissement par Délégation, le Fonds peut détenir, à titre accessoire dans son portefeuille, des liquidités ou des titres à court terme portant intérêt, tels que des Titres d’État ou des Titres de Créance. Le Fonds peut investir, dans une moindre mesure, dans d’autres types de valeurs, notamment des Actions de préférence, des Titres d’État, des Titres de Créance, des warrants et des titres convertibles en Actions, quand le Conseiller en Investissement par Délégation concerné perçoit une opportunité de croissance du capital sur ces titres. Le Fonds peut investir jusqu’à 15 % de sa valeur liquidative en Titres de Créance (y compris des obligations à haut rendement/risque) ou en Titres d'État ne bénéficiant pas d’une notation de Premier Ordre. Le Fonds peut investir, directement ou indirectement (à savoir par l’intermédiaire de certificats américains d’actions étrangères, de certificats européens d’actions étrangères et de certificats internationaux d’actions étrangères) sur les marchés concernés. Le Fonds peut également investir jusqu’à concurrence de 5 % de sa valeur liquidative en titres à coupon zéro, en titres payant leurs intérêts en nature et en Titres à Coupon Progressif ainsi que, sans limitation, en Titres Indexés/Structurés. Les obligations payant leurs intérêts en nature sont des obligations qui peuvent payer leurs intérêts sous la forme d’obligations supplémentaires de même nature.
Dans la mesure autorisée pour investir dans de tels titres en vertu de ses politiques d’investissement énoncées dans les présentes, le Fonds n’investira pas plus de 10 % de sa valeur liquidative dans des titres émis ou garantis par un seul pays (y compris son gouvernement, une autorité publique ou locale du pays en question) assortis d’une notation de crédit inférieure à Investment Grade.
Le Fonds peut également investir jusqu’à concurrence de 10 % de sa valeur liquidative dans des titres adossés à prêts hypothécaires et à des actifs émis ou garantis par un gouvernement d’un pays membre de l’OCDE, ou ses organismes ou démembrements ou par des émetteurs privés, et dont la notation peut être inférieure aux notations de Premier Ordre telles qu’attribuées par les principales agences de notation.
Le Conseiller en Investissement par Délégation adopte généralement une approche ascendante envers la constitution de portefeuilles. En d’autres termes, il veut identifier les sociétés robustes dotées d’avantages concurrentiels durables qui améliorent leurs retours sur le capital. Le Fonds suit une stratégie d’investissement selon laquelle les sociétés sont jugées principalement en fonction de leurs caractéristiques qualitatives et quantitatives fondamentales. Communément appelé la sélection de titres ou l’investissement ascendant, les portefeuilles de fonds d’investissement axés sur les caractéristiques fondamentales sont constitués un titre à la fois, après des recherches internes intensives à l’égard de chaque société. Les domaines de recherche peuvent cibler la direction de la société, ses finances, ses avantages concurrentiels et ses faiblesses, ses perspectives de croissance de revenus et plusieurs autres paramètres. Cette approche se fonde sur la conviction que certaines sociétés ont des forces inhérentes en matière de création de valeur pour les actionnaires au fil du temps, ont de meilleures perspectives que leurs homologues et devraient donc surclasser l’industrie, même dans des industries ou des circonstances économiques difficiles. L’objectif d’une approche d’investissement fondamentale est d’identifier et d’investir dans de telles sociétés.
Le Fonds peut investir en instruments financiers dérivés à des fins de gestion efficace du portefeuille. Les investissements du Fonds en instruments dérivés seront soumis aux limites stipulées dans la politique d’investissement du Fonds ainsi qu’aux conditions et limites éventuellement stipulées par la Banque centrale. Dans certaines circonstances, le Fonds utilisera des instruments financiers dérivés comme levier. Le Fonds est autorisé à des fins d’investissement à investir jusqu’à 100 % de sa valeur liquidative dans des instruments financiers dérivés. Le montant maximal d’effet de levier (lorsqu’il est calculé en utilisant l’approche d’engagement) que le Fonds peut créer grâce à l’utilisation d’instruments financiers dérivés est de 100 % de la valeur liquidative du Fonds. Toutefois, les Actionnaires doivent noter que, compte tenu de la nature des instruments dérivés et du fait que ces instruments peuvent être négociés à la marge, un relativement faible mouvement défavorable du cours du sous-jacent d’un instrument dérivé donné peut entraîner des mouvements immédiats et importants de l’exposition du Fonds à cet instrument dérivé. Si les limites d’exposition liées à un instrument dérivé devaient être supérieures pour des raisons échappant au contrôle du Fonds, celui-ci aura pour priorité de remédier à cette situation en tenant compte des intérêts de ses Actionnaires.

### UTILISATION DE MESURES DÉFENSIVES TEMPORAIRES
Dans certaines circonstances, à titre temporaire et exceptionnel, lorsque le Conseiller en Investissement ou le Conseiller en Investissement par Délégation concerné estime qu’il en va de l’intérêt des Actionnaires, le Fonds pourra effectuer quelques entorses à ses politiques d’investissement telles qu’elles figurent ci-dessus. Pour de plus amples informations, se référer à la section « Utilisation de mesures défensives temporaires » du Prospectus.

### PROFIL DE L’INVESTISSEUR TYPE

### Le Fonds s’adresse à une grande diversité d’investisseurs, qui recherchent l’accès à un portefeuille géré dans le respect d’un objectif et d’une politique d’investissement spécifiques.
L’investisseur potentiel doit choisir la Catégorie qui correspond le mieux à ses besoins. En sélectionnant une Catégorie, les investisseurs potentiels doivent prendre en considération les éléments suivants :
- le montant qu’ils prévoient d’investir ;
- la durée de détention prévue des Actions ;
- les frais payés au titre de chaque Catégorie ;
- l’admissibilité des Actionnaires au bénéfice d’une renonciation ou d’un abandon des droits d’entrée ;
- la devise de la catégorie d’actions.


### LIMITES D'INVESTISSEMENTS

### Chacun des investissements du Fonds sera limité aux investissements autorisés par le Règlement sur les OPCVM et d'autres limites applicables stipulées à l'Annexe 4 du Prospectus.

### UTILISATION D’INSTRUMENTS ET DE TECHNIQUES D’INVESTISSEMENT ET D’INSTRUMENTS FINANCIERS DÉRIVÉS
Sous réserve de la capacité du Fonds à investir jusqu'à 100 % de sa valeur liquidative dans des instruments financiers dérivés à des fins d'investissement, comme indiqué à la section « Objectif et Politiques d’investissement » ci-dessus, le Conseillers en Investissement par Délégation peut seulement employer des instruments et des techniques d’investissement tels que des contrats à terme normalisés, des options, des swaps et autres instruments financiers dérivés pour une gestion efficace du portefeuille (à savoir une réduction des risques, une réduction des coûts et la génération de capital ou de revenu supplémentaire pour le Fonds) et le Conseiller en Investissement par Délégation est tenu de se conformer aux conditions et restrictions stipulées périodiquement par la Banque centrale. De plus amples informations figurent aux sections

### « Utilisation d'instruments et de techniques d'investissement et d'instruments financiers dérivés » et « Types et description d'instruments financiers dérivés » du Prospectus.
La principale méthode de calcul de l’exposition globale pour le Fonds est l'approche d'engagement. Cependant, le modèle de la VaR ne sera utilisé que lorsque le volume d’instruments dérivés utilisé est plus élevé ou la mise en œuvre des stratégies de produits dérivés est plus complexe ou lorsque le profil de risque du Fonds a connu un certain changement.

### RÈGLEMENT SUR LES OPÉRATIONS DE FINANCEMENT SUR TITRES
Comme décrit plus particulièrement dans la section « Réglementation des opérations de financement de titres » du Prospectus, sous réserve des limites d’investissement indiquées en Annexe 4 du Prospectus, ainsi que des limites d’investissement définies à la section « Objectif et politiques d’investissement » du Supplément : (a) en ce qui concerne les investissements autorisés dans les swaps sur rendement total, le Fonds peut investir au maximum 100 % de sa Valeur liquidative ; et (b) le Fonds peut investir au maximum 100 % de sa Valeur liquidative dans des Opérations de financement sur titres. Sous réserve des limites susmentionnées, le Fonds devrait en général investir entre 0 et 20 % de sa Valeur liquidative dans des swaps sur rendement total et des Opérations de financement sur titres.

### FACTEURS DE RISQUE ET CONSIDÉRATIONS PARTICULIÈRES
L’attention des investisseurs est attirée sur les facteurs de risque et autres considérations particulières qui sont décrits dans le Prospectus à la section intitulée « Facteurs de risque et considérations particulières » et qui peuvent affecter le Fonds. Cette liste de facteurs de risque liés aux investissements dans le Fonds n’est pas exhaustive, et l’attention de l’investisseur est attirée sur la description des instruments financiers qui apparaît à la section « Objectif et politiques d’investissement ».

### POLITIQUE DE DISTRIBUTION

### Ce Fonds est fermé aux nouvelles souscriptions (y compris aux échanges à destination du Fonds). Il est en cours de liquidation.

### HEURES LIMITES DE NÉGOCIATION ET HEURES DE RÈGLEMENT

### Ce Fonds est fermé aux nouvelles souscriptions (y compris aux échanges à destination du Fonds). Il est en cours de liquidation.

### LE CONSEILLER EN INVESTISSEMENT PAR DÉLÉGATION
Le Gestionnaire a désigné JCIL en tant que conseiller en investissement de la Société. À la date du présent Supplément, JCIL a délégué à HGIL la responsabilité de fournir des services discrétionnaires de conseil et de gestion de portefeuille, concernant tout ou partie des actifs du Fonds.

### CHARGES ET COMMISSIONS

### Ce Fonds est fermé aux nouvelles souscriptions (y compris aux échanges à destination du Fonds). Il est en cours de liquidation.

### AJUSTEMENT DE DILUTION

### Ce Fonds est fermé aux nouvelles souscriptions (y compris aux échanges à destination du Fonds). Il est en cours de liquidation.

### CATÉGORIES D’ACTIONS

### Ce Fonds est fermé aux nouvelles souscriptions (y compris aux échanges à destination du Fonds). Il est en cours de liquidation.
| CATÉGORIES D’ACTIONS approuvées par la Banque Centrale à la date du présent Supplément |
| --- |
| Catégories libellées en Dollars américains | Catégories libellées en Euros | Catégories libellées en Livres sterling | Catégories libellées en Dollars de Hong Kong | Catégories libellées en Dollars australiens | Catégories libellées en Francs suisses | Catégories libellées en Dollars canadiens | Catégories libellées en Renminbi (CNH) | Catégories libellées en Couronnes suédoises | Catégories libellées en Dollars néo- zélandais | Catégories libellées en Dollars de Singapour |
| S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O |


### Supplément concernant le Fonds Janus Henderson Europe Fund2

### Le présent Supplément est établi en date du 26 février 2021.
Le présent Supplément contient des informations spécifiques au fonds Janus Henderson Europe Fund (le « Fonds »), un compartiment de Janus Henderson Capital Funds plc (la « Société »). La Société est un OPCVM établi sous la forme d’une société d’investissement à capital variable avec séparation des passifs entre les Fonds, constituée en Irlande et régie par la Banque centrale.
Ce Supplément fait partie intégrante du dernier Prospectus et doit être lu conjointement avec celui-ci. Le Prospectus peut être révisé ou complété de temps à autre. Les termes commençant par une majuscule utilisés dans le présent Supplément, qui n'ont pas été définis dans les présentes, ont la même signification que dans le Prospectus.

### RÉSUMÉ

### Les informations reprises sous ce titre constituent un résumé des principales caractéristiques du Fonds et doivent être lues conjointement avec le texte complet du Supplément.
| Catégories d’actions | Ce Fonds est fermé aux nouvelles souscriptions (y compris aux échanges à destination du Fonds). Il est en cours de liquidation. |
| --- | --- |
| Sans objet. |
| Fréquence des souscriptions, rachats et échanges | Sans objet. |
| Souscriptions minimales | Sans objet. |
| Adaptation des Catégories | Sans objet. |
| Devise de base | Euro |


### OBJECTIF ET POLITIQUES D’INVESTISSEMENT
L’objectif d’investissement du Fonds est la croissance à long terme du capital. Le Fonds poursuit son objectif en investissant principalement dans des actions ordinaires de sociétés de toutes tailles, qu’il s’agisse de sociétés importantes bien établies ou de petites sociétés émergentes en plein développement, domiciliées ou exerçant la majorité de leurs activités économiques en Europe de l’Ouest, centrale ou de l’Est (membre de l’UE ou non) ainsi qu’en Turquie. Il est prévu que le Fonds soit largement diversifié dans une grande variété de secteurs d’activité. Le Fonds peut employer des techniques et instruments d’investissement tels que des contrats à terme normalisés, des options, des swaps et d’autres instruments financiers dérivés aux fins d’une gestion efficace du portefeuille (à savoir une réduction des risques, une réduction des coûts et la création de capital ou de revenu supplémentaire pour le Fonds) ou, à concurrence de 10 % de sa valeur liquidative, à des fins d’investissement, sous réserve des conditions et dans les limites stipulées périodiquement par la Banque centrale. Sous réserve de ce qui précède, le Fonds n’investira pas plus de 10 % de sa valeur liquidative en titres négociés sur un seul Marché en développement et peut investir, au total, 20 % de sa valeur liquidative en titres négociés sur les Marchés en développement.
Le Fonds peut investir jusqu’à concurrence de 10 % de sa valeur liquidative dans des titres adossés à prêts hypothécaires et à des actifs émis ou garantis par un gouvernement d’un pays membre de l’OCDE, ou ses
2 Ce Fonds est fermé aux nouvelles souscriptions (y compris aux échanges à destination du Fonds). Il est en cours de liquidation.

### organismes ou démembrements ou par des émetteurs privés, et dont la notation peut être inférieure aux notations de Premier Ordre telles qu’attribuées par les principales agences de notation.
Le Fonds peut investir la quasi-totalité de ses actifs en actions, dans la mesure où le Conseiller en investissement par délégation estime que les marchés concernés bénéficient d’une conjoncture favorable à un investissement rentable dans ces valeurs. Les titres sont généralement sélectionnés par le Conseiller en investissement par délégation sans considération du secteur d’activité ou d’autres critères de sélection semblables ; le Fonds n’a pas vocation à être spécialisé dans un secteur d’activité donné.

### L’obtention de revenus n'est pas un critère d’investissement important pour le Fonds.
Le pourcentage des actifs du Fonds investis en Actions variera et, selon les conditions de marché analysées par le Conseiller en Investissement par Délégation, le Fonds peut détenir, à titre accessoire dans son portefeuille, des liquidités ou des titres à court terme portant intérêt, tels que des Titres d’État ou des Titres de Créance. Le Fonds peut investir, dans une moindre mesure, dans d’autres types de valeurs, notamment des Actions de préférence, des Titres d’État, des Titres de Créance, des warrants et des titres convertibles en Actions, quand le Conseiller en Investissement par Délégation concerné perçoit une opportunité de croissance du capital sur ces titres. Le Fonds peut investir jusqu’à 15 % de sa valeur liquidative en Titres de Créance (y compris des obligations à haut rendement/risque) ou en Titres d'État ne bénéficiant pas d’une notation de Premier Ordre. Le Fonds peut investir, directement ou indirectement (à savoir par l’intermédiaire de certificats américains d’actions étrangères, de certificats européens d’actions étrangères et de certificats internationaux d’actions étrangères) sur les marchés concernés. Le Fonds peut également investir jusqu’à concurrence de 5 % de sa valeur liquidative en titres à coupon zéro, en titres payant leurs intérêts en nature et en Titres à Coupon Progressif ainsi que, sans limitation, en Titres Indexés/Structurés. Les obligations payant leurs intérêts en nature sont des obligations qui peuvent payer leurs intérêts sous la forme d’obligations supplémentaires de même nature.
Dans la mesure autorisée pour investir dans de tels titres en vertu de ses politiques d’investissement énoncées dans les présentes, le Fonds n’investira pas plus de 10 % de sa valeur liquidative dans des titres émis ou garantis par un seul pays (y compris son gouvernement, une autorité publique ou locale du pays en question) assortis d’une notation de crédit inférieure à Investment Grade.
Le Fonds pourra investir jusqu’à concurrence de 5 % de sa valeur liquidative dans des titres d’autres Organismes de placement collectif admissibles. Un tel investissement englobe la possibilité d’investir dans d’autres Fonds. Cependant, le Fonds ne peut pas investir dans un autre Fonds détenant lui-même des Actions d’un autre Fonds. Lorsqu'il investit dans un autre Fonds, le Fonds ne peut pas prélever une commission annuelle de gestion de portefeuille et/ou de gestion administrative pour ce qui concerne la fraction de ses actifs qui sont investis dans l'autre Fonds.
Le Conseiller en Investissement par Délégation adopte généralement une approche ascendante envers la constitution de portefeuilles. En d’autres termes, ils veulent identifier les sociétés robustes dotées d’avantages concurrentiels durables qui améliorent leurs retours sur le capital. Le Fonds suit une stratégie d’investissement selon laquelle les sociétés sont jugées principalement en fonction de leurs caractéristiques qualitatives et quantitatives fondamentales. Communément appelé la sélection de titres ou l’investissement ascendant, les portefeuilles de fonds d’investissement axés sur les caractéristiques fondamentales sont constitués un titre à la fois, après des recherches internes intensives à l’égard de chaque société. Les domaines de recherche peuvent cibler la direction de la société, ses finances, ses avantages concurrentiels et ses faiblesses, ses perspectives de croissance de revenus et plusieurs autres paramètres. Cette approche se fonde sur la conviction que certaines sociétés ont des forces inhérentes en matière de création de valeur pour les actionnaires au fil du temps, ont de meilleures perspectives que leurs homologues et devraient donc surclasser l’industrie, même dans des industries ou des circonstances économiques difficiles. L’objectif d’une approche d’investissement fondamentale est d’identifier et d’investir dans de telles sociétés.
Le Fonds peut investir en instruments financiers dérivés à des fins de gestion efficace du portefeuille. Les investissements du Fonds en instruments dérivés seront soumis aux limites stipulées dans la politique d’investissement du Fonds ainsi qu’aux conditions et limites éventuellement stipulées par la Banque centrale. Dans certaines circonstances, le Fonds utilisera des instruments financiers dérivés comme levier. Le Fonds est autorisé à des fins d’investissement à investir jusqu’à 10 % de sa valeur liquidative dans des instruments financiers dérivés. Le montant maximal d’effet de levier (lorsqu’il est calculé en utilisant l’approche
d’engagement) que le Fonds peut créer grâce à l’utilisation d’instruments financiers dérivés est de 100 % de la valeur liquidative du Fonds. Lorsque le risque de marché du Fonds est mesuré à l’aide de l’approche de la valeur à risque (« VaR »), l’effet de levier du Fonds est calculé à partir de la somme des montants notionnels des produits dérivés détenus par le Fonds ; les détails relatifs à l’effet de levier sont présentés dans les présentes dans les politiques d’investissement du Fonds. Toutefois, les Actionnaires doivent noter que, compte tenu de la nature des instruments dérivés et du fait que ces instruments peuvent être négociés à la marge, un relativement faible mouvement défavorable du cours du sous-jacent d’un instrument dérivé donné peut entraîner des mouvements immédiats et importants de l’exposition du Fonds à cet instrument dérivé. Si les limites d’exposition liées à un instrument dérivé devaient être supérieures pour des raisons échappant au contrôle du Fonds, celui-ci aura pour priorité de remédier à cette situation en tenant compte des intérêts de ses Actionnaires.

### UTILISATION DE MESURES DÉFENSIVES TEMPORAIRES
Dans certaines circonstances, à titre temporaire et exceptionnel, lorsque le Conseiller en Investissement ou le Conseiller en Investissement par Délégation concerné estime qu’il en va de l’intérêt des Actionnaires, le Fonds pourra effectuer quelques entorses à ses politiques d’investissement telles qu’elles figurent ci-dessus. Pour de plus amples informations, se référer à la section « Utilisation de mesures défensives temporaires » du Prospectus.

### PROFIL DE L’INVESTISSEUR TYPE

### Le Fonds s’adresse à une grande diversité d’investisseurs, qui recherchent l’accès à un portefeuille géré dans le respect d’un objectif et d’une politique d’investissement spécifiques.
L’investisseur potentiel doit choisir la Catégorie qui correspond le mieux à ses besoins. En sélectionnant une Catégorie, les investisseurs potentiels doivent prendre en considération les éléments suivants :
- le montant qu’ils prévoient d’investir ;
- la durée de détention prévue des Actions ;
- les frais payés au titre de chaque Catégorie ;
- l’admissibilité des Actionnaires au bénéfice d’une renonciation ou d’un abandon des droits d’entrée ;
- la devise de la catégorie d’actions.


### LIMITES D'INVESTISSEMENTS

### Chacun des investissements du Fonds sera limité aux investissements autorisés par le Règlement sur les OPCVM et d'autres limites applicables stipulées à l'Annexe 4 du Prospectus.

### UTILISATION D’INSTRUMENTS ET DE TECHNIQUES D’INVESTISSEMENT ET D’INSTRUMENTS FINANCIERS DÉRIVÉS
Sous réserve de la capacité du Fonds à investir jusqu'à 10 % de sa valeur liquidative dans des instruments financiers dérivés à des fins d'investissement, comme indiqué à la section « Objectif et Politiques d’investissement » ci-dessus, le Conseillers en Investissement par Délégation peut seulement employer des instruments et des techniques d’investissement tels que des contrats à terme normalisés, des options, des swaps et autres instruments financiers dérivés pour une gestion efficace du portefeuille (à savoir une réduction des risques, une réduction des coûts et la génération de capital ou de revenu supplémentaire pour le Fonds) et le Conseiller en Investissement par Délégation est tenu de se conformer aux conditions et restrictions stipulées périodiquement par la Banque centrale. De plus amples informations figurent aux sections

### « Utilisation d'instruments et de techniques d'investissement et d'instruments financiers dérivés » et « Types et description d'instruments financiers dérivés » du Prospectus.
La principale méthode de calcul de l’exposition globale pour le Fonds est l'approche d'engagement. Cependant, le modèle de la VaR ne sera utilisé que lorsque le volume d’instruments dérivés utilisé est plus élevé ou la mise en œuvre des stratégies de produits dérivés est plus complexe ou lorsque le profil de risque du Fonds a connu un certain changement.

### RÈGLEMENT SUR LES OPÉRATIONS DE FINANCEMENT SUR TITRES
Comme décrit plus particulièrement dans la section « Réglementation des opérations de financement de titres » du Prospectus, sous réserve des limites d’investissement indiquées en Annexe 4 du Prospectus, ainsi que des limites d’investissement définies à la section « Objectif et politiques d’investissement » du Supplément : (a) en ce qui concerne les investissements autorisés dans les swaps sur rendement total, le Fonds peut investir au maximum 10 % de sa Valeur liquidative ; et (b) le Fonds peut investir au maximum 100
% de sa Valeur liquidative dans des Opérations de financement sur titres. Sous réserve des limites susmentionnées, le Fonds devrait en général investir entre 0 et 20 % de sa Valeur liquidative dans des swaps sur rendement total et des Opérations de financement sur titres.

### FACTEURS DE RISQUE ET CONSIDÉRATIONS PARTICULIÈRES
L’attention des investisseurs est attirée sur les facteurs de risque et autres considérations particulières qui sont décrits dans le Prospectus à la section intitulée « Facteurs de risque et considérations particulières » et qui peuvent affecter le Fonds. Cette liste de facteurs de risque liés aux investissements dans le Fonds n’est pas exhaustive, et l’attention de l’investisseur est attirée sur la description des instruments financiers qui apparaît à la section « Objectif et politiques d’investissement ».

### POLITIQUE DE DISTRIBUTION

### Ce Fonds est fermé aux nouvelles souscriptions (y compris aux échanges à destination du Fonds). Il est en cours de liquidation.

### HEURES LIMITES DE NÉGOCIATION ET HEURES DE RÈGLEMENT

### Ce Fonds est fermé aux nouvelles souscriptions (y compris aux échanges à destination du Fonds). Il est en cours de liquidation.

### LE CONSEILLER EN INVESTISSEMENT PAR DÉLÉGATION
Le Gestionnaire a désigné JCIL en tant que conseiller en investissement de la Société. À la date du présent Supplément, JCIL a délégué à JCM la responsabilité de fournir des services discrétionnaires de conseil et de gestion de portefeuille, concernant tout ou partie des actifs du Fonds.

### CHARGES ET COMMISSIONS

### Ce Fonds est fermé aux nouvelles souscriptions (y compris aux échanges à destination du Fonds). Il est en cours de liquidation.

### AJUSTEMENT DE DILUTION

### Ce Fonds est fermé aux nouvelles souscriptions (y compris aux échanges à destination du Fonds). Il est en cours de liquidation.

### CATÉGORIES D’ACTIONS

### Ce Fonds est fermé aux nouvelles souscriptions (y compris aux échanges à destination du Fonds). Il est en cours de liquidation.
| CATÉGORIES D’ACTIONS approuvées par la Banque Centrale à la date du présent Supplément |
| --- |
| Catégories libellées en Dollars américains | Catégories libellées en Euros | Catégories libellées en Livres sterling | Catégories libellées en Dollars de Hong Kong | Catégories libellées en Dollars australiens | Catégories libellées en Francs suisses | Catégories libellées en Dollars canadiens | Catégories libellées en Renminbi (CNH) | Catégories libellées en Couronnes suédoises | Catégories libellées en Dollars néo- zélandais | Catégories libellées en Dollars de Singapour |
| S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O |


### Supplément concernant le Fonds

### Janus Henderson Global Adaptive Capital Appreciation Fund

### Le présent Supplément est établi en date du 26 février 2021.
Le présent Supplément contient des informations spécifiques au fonds Janus Henderson Global Adaptive Capital Appreciation Fund (le « Fonds »), un compartiment de Janus Henderson Capital Funds plc (la « Société »). La Société est un OPCVM établi sous la forme d’une société d’investissement à capital variable avec séparation des passifs entre les Fonds, constituée en Irlande et régie par la Banque centrale.
Ce Supplément fait partie intégrante du dernier Prospectus et doit être lu conjointement avec celui-ci. Le Prospectus peut être révisé ou complété de temps à autre. Les termes commençant par une majuscule utilisés dans le présent Supplément, qui n'ont pas été définis dans les présentes, ont la même signification que dans le Prospectus.

### RÉSUMÉ

### Les informations reprises sous ce titre constituent un résumé des principales caractéristiques du Fonds et doivent être lues conjointement avec le texte complet du Supplément.
| Catégories d’actions | Des précisions sur les Catégories d'Actions sont présentées ci-dessous à la section intitulée « Catégories d’Actions ». |
| --- | --- |
| L’attention des investisseurs est attirée sur le fait qu’à la date du présent Supplément, seules certaines Catégories d’Actions du Fonds sont actuellement ouvertes à la souscription. En outre, toutes les Catégories d’Actions ne sont pas disponibles dans toutes les juridictions. Les investisseurs sont priés de se mettre en rapport avec l’Agent de Distribution pour obtenir la liste des Catégories d’Actions à leur disposition. |
| Fréquence des souscriptions, rachats et échanges | Sauf indication contraire des Administrateurs et/ou du Gestionnaire, les souscriptions, les rachats et les échanges d’Actions peuvent être effectués tout Jour Ouvré en suivant les procédures décrites dans les sections du Prospectus intitulées « Comment acheter des Actions », « Comment obtenir le rachat d’Actions » et « Comment échanger ou céder des Actions ». |
| Souscriptions minimales | Les souscriptions initiales et ultérieures minimales applicables à chaque Catégorie au sein du Fonds sont spécifiées dans la section du Prospectus intitulée « Comment acheter des Actions ». |
| Adaptation des Catégories | L’adaptation des Catégories et l’éligibilité des investisseurs pour des Catégories particulières sont décrites à la section intitulée « Les Actions » du Prospectus. |
| Devise de base | Dollar US |


### OBJECTIF ET POLITIQUES D’INVESTISSEMENT
L’objectif d’investissement du Fonds est d’obtenir un rendement total par le biais de la croissance du capital. Il poursuit son objectif en allouant ses actifs à un portefeuille d’actions (également appelées actions de sociétés) et/ou de titres assimilés à des actions, de titres à revenu fixe (et des titres assimilés à ceux-ci) et de trésorerie ou d’équivalents de trésorerie (par exemple, des effets de commerce, des acceptations bancaires, des certificats de dépôt, des bons du Trésor américain) situé dans n’importe quel pays du monde (y compris les Marchés en développement). Le Fonds aura toute flexibilité de modifier ces allocations et pourra investir jusqu’à concurrence de 100 % de ses actifs dans l’une de ces catégories d’actifs, selon les conditions de marché. Le Fonds peut avoir fortement recours aux instruments financiers dérivés. Le Fonds utilise un ensemble d’investissements afin de s’exposer à différentes catégories d’actifs en investissant au moins 51 % dans des actions, des titres assimilés à des actions (y compris des actions de préférence, des obligations convertibles en actions ou en actions de préférence, telles que des actions de préférence convertibles) et
d’autres titres présentant des caractéristiques de titres de participation, de Titres de créance, de titres d’État et des fonds négociés en bourse. Les actions de préférence et obligations convertibles dans lesquelles le Fonds investira ne contiendront pas de dérivés incorporés ou d’effet de levier. Ces titres proviendront d’émetteurs situés partout dans le monde. Il est prévu que le Fonds soit largement diversifié dans une grande variété d’industries et de secteurs.
Des instruments financiers dérivés seront utilisés dans les cas où l’achat direct s’avérerait impossible ou moins efficace et peuvent être utilisés pour couvrir, augmenter ou réduire les risques de change, augmenter ou réduire l’exposition aux actions dans des pays ou secteurs, augmenter ou réduire l’exposition des titres à revenu fixe à certains pays particuliers, augmenter ou réduire l’exposition à des taux d’intérêt ou à une devise ou à un pays en particulier, obtenir une exposition à la courbe de rendement d’un pays ou d’une devise (qui indique le rendement obligataire pour différentes échéances), gérer et limiter de façon dynamique la volatilité dans le portefeuille, gérer l’exposition au risque de taux d’intérêt, au risque souverain et au risque de crédit, couvrir les instruments sensibles à l’inflation et obtenir une exposition aux taux d’intérêt réels propres à un pays donné.
Le Fonds peut également employer des techniques d’investissement et des instruments tels que des contrats à terme normalisés, des options, des swaps, des swaptions, des swaps sur défaut de crédit (des swaps sur défaut à titulaire unique et des indices de swaps sur défaut) et des contrats de change à terme pour une gestion efficace du portefeuille (à savoir une réduction des risques, une réduction des coûts et la génération de capital ou de revenu supplémentaire pour le Fonds) ou à des fins d’investissement, comme indiqué dans la section « Types et description des instruments financiers dérivés » du Prospectus, sous réserve des conditions et dans les limites stipulées périodiquement par la Banque Centrale concernant l’acquisition ou la couverture d’une exposition aux placements dont il s’agit dans ces politiques d’investissement.
Objectif de performance : Surperformer l’indice de référence composite (60 % de l’indice MSCI All Country World/40 % de l’indice Bloomberg Barclays Global Aggregate Bond) de 1 % par an, avant déduction des frais, sur toute période de 5 ans.
Le Fonds est géré activement en fonction de l’indice de référence composite (60 % de l’indice MSCI All Country World/40 % de l’indice Bloomberg Barclays Global Aggregate Bond), qui est largement représentatif des actifs dans lesquels il peut investir et sur la base duquel l’objectif de performance du Fonds est défini. Le Conseiller en Investissement par Délégation dispose d’une grande liberté pour choisir des investissements individuels pour le Fonds. Le Conseiller en Investissement par Délégation applique divers critères de sélection qui seront plus ou moins mis en avant selon la situation économique qui prévaut. Les détails de la performance du Fonds sont disponibles dans les rapports annuels et semestriels, les documents de commercialisation et dans le DICI. Rien ne garantit que la performance du Fonds sera égale ou supérieure à cet indice de référence.
Le Fonds aura fortement recours aux instruments financiers dérivés. Le risque de marché du Fonds sera mesuré à l’aide de l’approche de la VaR. La VaR absolue du Fonds n’excédera pas 14,1 % de sa valeur liquidative. Il est prévu que dans des conditions normales de marché, l’effet de levier du Fonds, calculé comme la somme des montants notionnels des produits dérivés détenus par le Fonds (l’« Approche par les Notionnels »), soit inférieur à 300 % de la valeur liquidative du Fonds, et qu’il oscille habituellement entre 0 et 150 % de la valeur liquidative, avec une exposition moyenne attendue de 100 %. Dans des circonstances exceptionnelles, il est prévu que le Fonds puisse être endetté à concurrence maximale de 600 % (selon l’Approche par les Notionnels) de sa valeur liquidative. Par circonstances exceptionnelles, on entend des périodes caractérisées par (i) un manque de liquidité, s’agissant notamment de titres inscrits à la cote, échangés ou négociés sur un Marché Réglementé, amenant le Conseiller en Investissement par Délégation à rechercher une exposition aux marchés dérivés, (ii) de la volatilité vis-à-vis de laquelle le Conseiller en Investissement par Délégation cherche à se couvrir ou à prendre des positions opportunistes tout en respectant les politiques et restrictions d’investissement applicables au Fonds ou (iii) des corrélations imparfaites et des conditions de marché imprévues. Si le Fonds a recours à un effet de levier important, notamment le montant le plus élevé permis dans des circonstances exceptionnelles, il peut subir des pertes plus graves que celles qu’il aurait connues sans cet effet de levier massif. Le niveau de l’effet de levier est calculé à l’aide de l’Approche par les Notionnels tel que requis par le Règlement sur les OPCVM. La valeur notionnelle des investissements diverge fortement de leur valeur de marché, raison pour laquelle les limites d’effet de levier sont élevées. Ces limites d’effet de levier n’intègrent pas de quelconques accords de compensation ou de couverture que le Fonds pourrait appliquer à tout moment, quand bien même ces accords de compensation ou de couverture seraient utilisés à des fins de réduction du risque.
En raison de son exposition aux Marchés en développement et aux titres de qualité inférieure (below Investment Grade), un investissement dans le Fonds ne doit pas représenter une part substantielle d’un portefeuille d’investissement et peut ne pas convenir à tous les investisseurs.
Le Fonds peut investir directement ou indirectement dans de telles actions par le biais d’instruments financiers dérivés. Le Fonds peut réaliser des investissements importants en actions, sous réserve du respect des limites de pourcentages prévues dans les présentes, dans la mesure où le Conseiller en investissement par délégation estime que les marchés concernés bénéficient d’une conjoncture favorable à un investissement rentable dans ces valeurs. Les titres sont généralement sélectionnés par le Conseiller en investissement par délégation sans considération du secteur d’activité ou d’autres critères de sélection semblables ; le Fonds n’a pas vocation à être spécialisé dans un secteur d’activité donné.
En investissant dans des Titres de créance, il n’existe aucune limite quant au montant qui peut être investi par le Fonds dans des titres adossés à des créances hypothécaires et titres adossés à des actifs émis ou garantis par le gouvernement d’un pays membre de l’OCDE, ses agences ou organismes ou par des émetteurs privés qui peuvent se voir attribuer une notation inférieure à la qualité Investment Grade par les principales agences de notation. Par ailleurs, le Fonds peut également investir dans tous les types de valeurs mobilières, et dans des participations ou cessions dans des prêts hypothécaires à taux variables ou d’autres prêts commerciaux, dans la mesure indiquée dans la présente section du Supplément.
Le Fonds suit une stratégie d’allocation selon laquelle le Conseiller en investissement par délégation, conformément aux objectifs et politiques d’investissement du Fonds, a la possibilité d’allouer les investissements sous-jacents à sa discrétion et en réponse à des changements sur les marchés d’investissement, et de combiner différentes catégories d’actifs/de fournir aux investisseurs un ensemble de catégories d’actifs.

### L’obtention de revenus n'est pas un critère d’investissement important pour le Fonds.
Le pourcentage des actifs du Fonds investis en Actions variera et, selon les conditions de marché analysées par le Conseiller en Investissement par Délégation, le Fonds peut détenir, à titre accessoire dans son portefeuille, des liquidités ou des titres à court terme portant intérêt, tels que des Titres d’État ou des Titres de Créance. Le Fonds peut investir, dans une moindre mesure, dans d’autres types de valeurs, notamment des Actions de préférence, des Titres d’État, des Titres de Créance, des warrants et des titres convertibles en Actions, quand le Conseiller en Investissement par Délégation concerné perçoit une opportunité de croissance du capital sur ces titres. Il n’y a pas de limite relative à l’investissement par le Fonds dans des Titres de créance ou des Titres d’État dont la notation est inférieure à l’Investment Grade. Le Fonds peut investir, directement ou indirectement (à savoir par l’intermédiaire de certificats américains d’actions étrangères, de certificats européens d’actions étrangères et de certificats internationaux d’actions étrangères) sur les marchés concernés. Le Fonds peut également investir jusqu’à concurrence de 5 % de sa valeur liquidative en titres à coupon zéro, en titres payant leurs intérêts en nature et en Titres à Coupon Progressif ainsi que, sans limitation, en Titres Indexés/Structurés. Les obligations payant leurs intérêts en nature sont des obligations qui peuvent payer leurs intérêts sous la forme d’obligations supplémentaires de même nature.
Le Fonds pourra investir jusqu’à concurrence de 100 % de sa valeur liquidative dans des titres d’autres Organismes de placement collectif admissibles. L’investissement par le Fonds dans chaque organisme de placement collectif admissible, ne dépassera pas 20 % de sa valeur liquidative. Un tel investissement englobe la possibilité d’investir dans d’autres Fonds. Cependant, le Fonds ne peut pas investir dans un autre Fonds détenant lui-même des Actions d’un autre Fonds. Lorsqu'il investit dans un autre Fonds, le Fonds ne peut pas prélever une commission annuelle de gestion de portefeuille et/ou de gestion administrative pour ce qui concerne la fraction de ses actifs qui sont investis dans l'autre Fonds. Le niveau maximum de la commission de gestion (sans inclure les commissions de performance) qui peut être imputée à un organisme de placement collectif dans lequel le Fonds investit, est de 2 % par an de la valeur liquidative de cet organisme.
Le Conseiller en Investissement par Délégation adopte généralement une approche ascendante envers la constitution de portefeuilles. En d’autres termes, ils veulent identifier les sociétés robustes dotées d’avantages concurrentiels durables qui améliorent leurs retours sur le capital. Le Fonds suit une stratégie d’investissement selon laquelle les sociétés sont jugées principalement en fonction de leurs caractéristiques qualitatives et quantitatives fondamentales. Communément appelé la sélection de titres ou l’investissement ascendant, les
portefeuilles de fonds d’investissement axés sur les caractéristiques fondamentales sont constitués un titre à la fois, après des recherches internes intensives à l’égard de chaque société. Les domaines de recherche peuvent cibler la direction de la société, ses finances, ses avantages concurrentiels et ses faiblesses, ses perspectives de croissance de revenus et plusieurs autres paramètres. Cette approche se fonde sur la conviction que certaines sociétés ont des forces inhérentes en matière de création de valeur pour les actionnaires au fil du temps, ont de meilleures perspectives que leurs homologues et devraient donc surclasser l’industrie, même dans des industries ou des circonstances économiques difficiles. L’objectif d’une approche d’investissement fondamentale est d’identifier et d’investir dans de telles sociétés.
Le Fonds peut investir en instruments financiers dérivés à des fins de gestion efficace du portefeuille. Les investissements du Fonds en instruments dérivés seront soumis aux limites stipulées dans la politique d’investissement du Fonds ainsi qu’aux conditions et limites éventuellement stipulées par la Banque centrale. Dans certaines circonstances, le Fonds utilisera des instruments financiers dérivés comme levier. Le Fonds est autorisé à des fins d’investissement à investir jusqu’à 100 % de sa valeur liquidative dans des instruments financiers dérivés. Lorsque le risque de marché du Fonds est mesuré à l’aide de l’approche de la valeur à risque (« VaR »), l’effet de levier du Fonds est calculé à partir de la somme des montants notionnels des produits dérivés détenus par le Fonds ; les détails relatifs à l’effet de levier sont présentés dans les présentes dans les politiques d’investissement du Fonds. Toutefois, les Actionnaires doivent noter que, compte tenu de la nature des instruments dérivés et du fait que ces instruments peuvent être négociés à la marge, un relativement faible mouvement défavorable du cours du sous-jacent d’un instrument dérivé donné peut entraîner des mouvements immédiats et importants de l’exposition du Fonds à cet instrument dérivé. Si les limites d’exposition liées à un instrument dérivé devaient être supérieures pour des raisons échappant au contrôle du Fonds, celui-ci aura pour priorité de remédier à cette situation en tenant compte des intérêts de ses Actionnaires.

### UTILISATION DE MESURES DÉFENSIVES TEMPORAIRES
Dans certaines circonstances, à titre temporaire et exceptionnel, lorsque le Conseiller en Investissement ou le Conseiller en Investissement par Délégation concerné estime qu’il en va de l’intérêt des Actionnaires, le Fonds pourra effectuer quelques entorses à ses politiques d’investissement telles qu’elles figurent ci-dessus. Pour de plus amples informations, se référer à la section « Utilisation de mesures défensives temporaires » du Prospectus.

### PROFIL DE L’INVESTISSEUR TYPE

### Le Fonds s’adresse à une grande diversité d’investisseurs, qui recherchent l’accès à un portefeuille géré dans le respect d’un objectif et d’une politique d’investissement spécifiques.
L’investisseur potentiel doit choisir la Catégorie qui correspond le mieux à ses besoins. En sélectionnant une Catégorie, les investisseurs potentiels doivent prendre en considération les éléments suivants :
- le montant qu’ils prévoient d’investir ;
- la durée de détention prévue des Actions ;
- les frais payés au titre de chaque Catégorie ;
- l’admissibilité des Actionnaires au bénéfice d’une renonciation ou d’un abandon des droits d’entrée ;
- la devise de la catégorie d’actions.


### LIMITES D'INVESTISSEMENTS

### Chacun des investissements du Fonds sera limité aux investissements autorisés par le Règlement sur les OPCVM et d'autres limites applicables stipulées à l'Annexe 4 du Prospectus.

### UTILISATION D’INSTRUMENTS ET DE TECHNIQUES D’INVESTISSEMENT ET D’INSTRUMENTS FINANCIERS DÉRIVÉS
Sous réserve de la capacité du Fonds à investir jusqu'à 100 % de sa valeur liquidative dans des instruments financiers dérivés à des fins d'investissement, comme indiqué à la section « Objectif et Politiques d’investissement » ci-dessus, le Conseillers en Investissement par Délégation peut seulement employer des instruments et des techniques d’investissement tels que des contrats à terme normalisés, des options, des
swaps et autres instruments financiers dérivés pour une gestion efficace du portefeuille (à savoir une réduction des risques, une réduction des coûts et la génération de capital ou de revenu supplémentaire pour le Fonds) et le Conseiller en Investissement par Délégation est tenu de se conformer aux conditions et restrictions stipulées périodiquement par la Banque centrale. De plus amples informations figurent aux sections

### « Utilisation d'instruments et de techniques d'investissement et d'instruments financiers dérivés » et « Types et description d'instruments financiers dérivés » du Prospectus.
Le Fonds adoptera l’approche de la VaR pour calculer l'exposition globale. La méthode de la VaR sera utilisée par le Fonds afin d’aider à évaluer et à contrôler de façon qualitative les risques auxquels le Fonds est exposé.

### RÈGLEMENTATION DES OPÉRATIONS DE FINANCEMENT DE TITRES
Comme décrit plus particulièrement dans la section « Réglementation des opérations de financement sur titres » du Prospectus, sous réserve des limites d’investissement indiquées en Annexe 4 du Prospectus, ainsi que des limites d’investissement définies à la section « Objectif et politiques d’investissement » du Supplément : (a) en ce qui concerne les investissements autorisés dans les swaps sur rendement total, le Fonds peut investir au maximum 100 % de sa Valeur liquidative ; et (b) le Fonds peut investir au maximum 100 % de sa Valeur liquidative dans des Opérations de financement sur titres. Sous réserve des limites susmentionnées, le Fonds devrait en général investir entre 0 et 20 % de sa Valeur liquidative dans des swaps sur rendement total et des Opérations de financement sur titres.

### FACTEURS DE RISQUE ET CONSIDÉRATIONS PARTICULIÈRES
L’attention des investisseurs est attirée sur les facteurs de risque et autres considérations particulières qui sont décrits dans le Prospectus à la section intitulée « Facteurs de risque et considérations particulières » et qui peuvent affecter le Fonds. Cette liste de facteurs de risque liés aux investissements dans le Fonds n’est pas exhaustive, et l’attention de l’investisseur est attirée sur la description des instruments financiers qui apparaît à la section « Objectif et politiques d’investissement ».

### POLITIQUE DE DISTRIBUTION
Telles que décrites plus particulièrement dans le Prospectus à la section « Les Actions » et dans le Supplément à la section intitulée « Catégories d'Actions », les Catégories d’Actions de Distribution peuvent différer en termes de fréquence de distribution. Les Catégories d’Actions de Distribution peuvent effectuer des distributions de façon mensuelle, trimestrielle, semestrielle ou annuelle, tel que déterminé moment du lancement de la Catégorie d’Actions concernée. La fréquence de distribution des Catégories d’Actions est indiquée dans le tableau ci-dessous :
| Fréquence de distribution | Dates de déclaration de distribution |
| --- | --- |
| Catégories d’Actions de capitalisation |
| Sans objet | Sans objet |
| Catégories d’Actions de Distribution |
| Mensuelle | Mensuelle, en principe le 15 de chaque mois à moins que ce jour ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Trimestrielle | Trimestrielle, normalement le 15 janvier, le 15 avril, le 15 juillet et le 15 octobre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |

| Fréquence de distribution | Dates de déclaration de distribution |
| --- | --- |
| Semestrielle | Semestrielle, en principe le 15 avril et le 15 octobre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Annuelle | Annuelle, en principe le 15 octobre à moins qu’il ne s’agisse pas d’un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède la date mentionnée. |


### HEURES LIMITES DE NÉGOCIATION ET HEURES DE RÈGLEMENT
Les ordres de souscription d’Actions reçus et acceptés par ou au nom de l’Agent de transfert ou la Société et/ou le Gestionnaire avant l’Heure Limite de Négociation au cours d’un Jour Ouvré repris dans les tableaux ci-dessous seront traités au prix de l’offre déterminé ce Jour Ouvré. Les ordres de souscription d’Actions reçus par ou au nom de l’Agent de transfert ou de la Société et/ou du Gestionnaire après l’Heure Limite de Négociation un Jour Ouvré seront traités au prix de l’offre déterminé le Jour Ouvré suivant. Si le paiement des ordres de souscription n’est pas reçu à l’Heure de Règlement correspondante, une souscription peut être annulée ou l’Actionnaire peut être amené à payer des intérêts sur les montants de souscription non soldés aux taux normaux en vigueur. Dans ce cas, l’Agent de Distribution ou l’Actionnaire peut être tenu responsable de toute perte subie par le Fonds.
Le traitement des ordres de rachat est assujetti à la réception et l’acceptation par ou au nom de l’Agent de transfert, la Société et/ou le Gestionnaire d’un ordre de rachat valable. Sous réserve des dispositions de la section « Limites de rachat » dans le Prospectus, les ordres de rachat reçus et acceptés par ou au nom de l’Agent de transfert ou par la Société ou par le Gestionnaire avant l’Heure Limite de Négociation un Jour Ouvré seront traités à la valeur liquidative par Action déterminée ce Jour Ouvré.
| Souscription | Heure Limite de Négociation | Heure de Règlement |
| --- | --- | --- |
| Souscriptions (autres que les Actions de Catégorie Z) | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |
| Souscriptions effectuées directement auprès de l’Agent de Transfert par des Investisseurs Institutionnels Éligibles/Actions de Catégorie Z | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | 15h30, heure de Londres J |
| Rachat | Heure Limite de Négociation | Heure de Règlement |
| Tous les Rachats | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |


### LE CONSEILLER EN INVESTISSEMENT PAR DÉLÉGATION
Le Gestionnaire a désigné JCIL en tant que conseiller en investissement de la Société. À la date du présent Supplément, JCIL a délégué à JCM la responsabilité de fournir des services discrétionnaires de conseil et de gestion de portefeuille, concernant tout ou partie des actifs du Fonds.

### CHARGES ET COMMISSIONS
Les charges et commissions auxquelles est soumis tout investissement dans un Fonds (comprenant les droits d’entrée, les droits de sortie conditionnels différés (CDSC), l’ajustement de la dilution, une commission de gestion et une commission de distribution) sont décrits en détail dans le Prospectus à la section « Charges et Commissions », dont un résume figure ci-dessous. Les Charges et Commissions sur les Catégories d’Actions de capital peuvent imputer certaines commissions et charges sur le capital plutôt que sur les revenus.
| Type de commission | Actions de Catégorie A | Actions de Catégorie B | Actions de Catégorie E | Actions de Catégorie G | Actions de Catégorie H | Actions de Catégorie I | Actions de Catégorie S | Actions de Catégorie V | Actions de Catégorie Z |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Droit d'entrée | Jusqu'à 5,00 % du montant souscrit | S/O | Jusqu'à 3,00 % du montant souscrit | S/O | S/O | Jusqu'à 2,00 % du montant souscrit | Jusqu'à 2,00 % du montant souscrit | S/O | S/O |
| CDSC Moins d'un an depuis l’achat - à 2 ans
- à 3 ans
- à 4 ans Plus de 4 ansdepuis l’achat
 | S/O | 4 % 3 % 2 % 1 % 0 % | S/O | S/O | S/O | S/O | S/O | 3 % 2 % 1 % 0 % - | S/O |
| Commissions de services aux Actionnaires | Jusqu'à 0,60 % de la valeur liquidative | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 1,25 % de la valeur liquidative | S/O | S/O | S/O | S/O | Jusqu'à 0,75 % de la valeur liquidative | S/O |
| Commission de distribution | S/O | Jusqu'à 1,00 % de la valeur liquidative | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Commission de gestion d’investissem ent | Jusqu'à 0,90 % de la valeur liquidative | Jusqu'à 0,90 % de la valeur liquidative | Jusqu'à 0,90 % de la valeur liquidative | Jusqu'à 0,80 % de la valeur liquidative | Jusqu'à 0,80 % de la valeur liquidative | Jusqu'à 0,80 % de la valeur liquidative | Jusqu'à 0,80 % de la valeur liquidative | Jusqu'à 0,90 % de la valeur liquidative | Voir Prospectus |
| Commission de performance | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Charges et Commissions | 1,75 % de la valeur liquidative | S/O | 2,40 % de la valeur liquidative | 1,05 % de la valeur liquidative | 1,05 % de la valeur liquidative | 1,05 % de la valeur liquidative | 1,05 % de la valeur liquidative | 2,75 % de la valeur liquidative | Voir Prospectus |


### AJUSTEMENT DE DILUTION
Un ajustement de dilution peut être appliqué à la Valeur liquidative par Action du Fonds au cours d’un jour de négociation (i) si les souscriptions ou rachats nets dépassent le seuil déterminé à l’avance relatif à la Valeur liquidative du Fonds (lorsqu’un tel seuil est ponctuellement déterminé à l’avance pour le Fonds par le Gestionnaire) ou (ii) dans tout autre cas impliquant des souscriptions ou des rachats nets dans le Fonds, si le Gestionnaire ou ses délégués estiment raisonnablement que l’imposition d’un ajustement de dilution s’inscrira dans l’intérêt des Actionnaires existants.

### CATÉGORIES D’ACTIONS
Comme décrit plus particulièrement dans la section « Les Actions » du Prospectus, la Société propose 11 Catégories d’Actions avec diverses politiques de distribution, fréquences de distribution, politiques de couverture et devises dans chaque Catégorie. Le nouveau nom de chaque Catégorie d’Actions offertes par la Société permet aux Actionnaires d’identifier la politique de distribution, la fréquence de distribution, la politique de couverture et la devise d’une Catégorie en fonction de sous-classifications. Le tableau ci-dessous apporte des précisions sur les Catégories d’Actions approuvées par la Banque Centrale, ainsi que sur les Catégories disponibles à l’achat à la date du présent Supplément.
Si, pour une catégorie d’actions donnée d’un fonds donné, aucune émission n’avait préalablement été faite ou s’il est procédé à une réémission, une souscription initiale sera alors possible : (i) à la/aux date(s) devant être déterminée(s) par le Gestionnaire et communiquée(s) à l’avance à la Banque centrale et (ii) le prix de l’offre initiale et le prix de réémission stipulés dans le Prospectus à la section intitulée « Offres initiales de catégories d’actions ». Dans le cas d’un Fonds au titre duquel une ou plusieurs Catégories d’Actions sont déjà émises, le prix de l’offre initiale par Action pour toute Catégorie d’Actions supplémentaire émise en rapport avec ledit Fonds pourra correspondre à la valeur liquidative par Action desdites autres Catégories d’Actions du Fonds concerné tel que fixé par le Gestionnaire et communiqué à l’avance à la Banque Centrale, ainsi qu’aux Actionnaires potentiels.
| CATÉGORIES D’ACTIONS approuvées par la Banque Centrale à la date du présent Supplément |
| --- |
| Catégories libellées en Dollars américains | Catégories libellées en Euros | Catégories libellées en Livres sterling | Catégories libellées en Dollars de Hong Kong | Catégories libellées en Dollars australiens | Catégories libellées en Francs suisses | Catégories libellées en Dollars canadiens | Catégories libellées en Renminbi (CNH) | Catégories libellées en Couronnes suédoises | Catégories libellées en Dollars néo- zélandais | Catégories libellées en Dollars de Singapour |
| A2 USD B2 USD E2 USD I2 USD S2 USD H2 USD G2 USD V2 USD Z2 USD | A2 HEUR B2 HEUR E2 HEUR I2 HEUR H2 HEUR G2 HEUR S2 HEUR V2 HEUR Z2 EUR | I2 HGBP I2 GBP S2 HGBP H2 GBP H2 HGBP G2 HGBP G2 GBP Z2 GBP Z2 HGBP | A2 HDD I2 HKD S2 HKD V2 HKD Z2 HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF G2 HCHF Z2 CHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD |


### Supplément concernant le Fonds

### Janus Henderson Global Adaptive Capital Preservation Fund

### Le présent Supplément est établi en date du 26 février 2021.
Le présent Supplément contient des informations spécifiques au fonds Janus Henderson Global Adaptive Capital Preservation Fund (le « Fonds »), un compartiment de Janus Henderson Capital Funds plc (la « Société »). La Société est un OPCVM établi sous la forme d’une société d’investissement à capital variable avec séparation des passifs entre les Fonds, constituée en Irlande et régie par la Banque centrale.
Ce Supplément fait partie intégrante du dernier Prospectus et doit être lu conjointement avec celui-ci. Le Prospectus peut être révisé ou complété de temps à autre. Les termes commençant par une majuscule utilisés dans le présent Supplément, qui n'ont pas été définis dans les présentes, ont la même signification que dans le Prospectus.

### RÉSUMÉ

### Les informations reprises sous ce titre constituent un résumé des principales caractéristiques du Fonds et doivent être lues conjointement avec le texte complet du Supplément.
| Catégories d’actions | Des précisions sur les Catégories d'Actions sont présentées ci-dessous à la section intitulée « Catégories d’Actions ». |
| --- | --- |
| L’attention des investisseurs est attirée sur le fait qu’à la date du présent Supplément, seules certaines Catégories d’Actions du Fonds sont actuellement ouvertes à la souscription. En outre, toutes les Catégories d’Actions ne sont pas disponibles dans toutes les juridictions. Les investisseurs sont priés de se mettre en rapport avec l’Agent de Distribution pour obtenir la liste des Catégories d’Actions à leur disposition. |
| Fréquence des souscriptions, rachats et échanges | Sauf indication contraire des Administrateurs et/ou du Gestionnaire, les souscriptions, les rachats et les échanges d’Actions peuvent être effectués tout Jour Ouvré en suivant les procédures décrites dans les sections du Prospectus intitulées « Comment acheter des Actions », « Comment obtenir le rachat d’Actions » et « Comment échanger ou céder des Actions ». |
| Souscriptions minimales | Les souscriptions initiales et ultérieures minimales applicables à chaque Catégorie au sein du Fonds sont spécifiées dans la section du Prospectus intitulée « Comment acheter des Actions ». |
| Adaptation des Catégories | L’adaptation des Catégories et l’éligibilité des investisseurs pour des Catégories particulières sont décrites à la section intitulée « Les Actions » du Prospectus. |
| Devise de base | Dollar US |


### OBJECTIF ET POLITIQUES D’INVESTISSEMENT
L’objectif d’investissement du Fonds est d’obtenir un rendement positif et constant, supérieur à ce qu’il obtiendrait via des investissements similaires en espèces. Le Fonds cherche à générer des rendements positifs à long terme dans le cadre de différents contextes économiques (c.-à-d. les périodes d’expansion et de contraction cycliques typiques du cycle économique et les niveaux de taux d’intérêts croissants et décroissants qui en résultent en raison des forces du marché ou d’interventions des banques centrales). Il poursuit son objectif en allouant ses actifs à un portefeuille d’actions (également appelées actions de sociétés) et de titres assimilés à des actions, de titres à revenu fixe et de trésorerie ou d’équivalents de trésorerie (p. ex., des effets de commerce, des acceptations bancaires, des certificats de dépôt, des bons du Trésor américain) situé dans n’importe quel pays du monde (y compris les Marchés en développement). Le Fonds s’efforce d’atteindre son objectif par le biais d’une allocation d’actifs dynamique aura toute flexibilité de modifier ces allocations et pourra investir jusqu’à concurrence de 100 % de ses actifs dans l’une de ces catégories
d’actifs, selon les conditions de marché. Le Fonds peut avoir fortement recours aux instruments financiers dérivés. Le Fonds utilise un ensemble d’investissements afin de s’exposer à différentes catégories d’actifs en investissant au moins 51 % de sa valeur liquidative dans des actions, des titres assimilés à des actions (y compris des actions de préférence, des obligations convertibles en actions ou en actions de préférence, telles que des actions de préférence convertibles), et d’autres titres présentant des caractéristiques de titres de participation, des Titres de créance, des titres d’État et des fonds négociés en bourse. Les actions de préférence et obligations convertibles dans lesquelles le Fonds investira ne contiendront pas de dérivés incorporés ou d’effet de levier. Ces titres proviendront d’émetteurs situés partout dans le monde. Il est prévu que le Fonds soit largement diversifié dans une grande variété d’industries et de secteurs.
Les instruments financiers dérivés seront utilisés dans les cas où l’achat direct s’avèrerait impossible ou moins efficace et peuvent être utilisés pour couvrir, augmenter ou réduire les risques de change, augmenter ou réduire les expositions sur actions dans des pays ou secteurs, augmenter ou réduire l’exposition des titres à revenu fixe à certains pays particuliers, augmenter ou réduire l’exposition aux taux d’intérêt ou à une devise ou à un pays en particulier, obtenir une exposition à la courbe des taux d’un pays ou d’une devise (qui indique le rendement obligataire pour différentes échéances), gérer et limiter de façon dynamique la volatilité, gérer l’exposition au risque de taux d’intérêt, au risque souverain et au risque de crédit, couvrir les instruments sensibles à l’inflation et obtenir une exposition aux taux d’intérêt réels propres à un pays donné.
Le Fonds peut également employer des techniques d’investissement et des instruments tels que des contrats à terme normalisés, des options, des swaps, des swaptions, des swaps sur défaut de crédit (des swaps sur défaut à titulaire unique et des indices de swaps sur défaut) et des contrats de change à terme pour une gestion efficace du portefeuille (à savoir une réduction des risques, une réduction des coûts et la génération de capital ou de revenu supplémentaire pour le Fonds) ou à des fins d’investissement, comme indiqué dans la section « Types et description des instruments financiers dérivés », sous réserve des conditions et dans les limites stipulées périodiquement par la Banque Centrale concernant l’acquisition ou la couverture d’une exposition aux placements dont il s’agit dans ces politiques d’investissement.

### Objectif de performance : Surperformer l’indice Bloomberg Barclays 1 Month US Treasury Bill de 1 % par an, avant déduction des frais, sur toute période de 5 ans.
Le Fonds est géré activement en fonction de l’indice Bloomberg Barclays 1 Month US Treasury Bill sur la base duquel l’objectif de performance du Fonds est défini. Le Conseiller en Investissement par Délégation dispose d’une grande liberté pour choisir des investissements individuels pour le Fonds. Le Conseiller en Investissement par Délégation applique divers critères de sélection qui seront plus ou moins mis en avant selon la situation économique qui prévaut. Les détails de la performance du Fonds sont disponibles dans les rapports annuels et semestriels, les documents de commercialisation et dans le DICI. Rien ne garantit que la performance du Fonds sera égale ou supérieure à cet indice de référence.
Le Fonds aura fortement recours aux instruments financiers dérivés. Le risque de marché du Fonds sera mesuré à l’aide de l’approche de la VaR. La VaR absolue du Fonds n’excédera pas 14,1 % de sa valeur liquidative. Il est prévu que dans des conditions normales de marché, l’effet de levier du Fonds, calculé comme la somme des montants notionnels des produits dérivés détenus par le Fonds (l’« Approche par les Notionnels »), soit inférieur à 300 % de la valeur liquidative du Fonds, et qu’il oscille habituellement entre 0 et 100 % de la valeur liquidative, avec une exposition moyenne attendue de 100 %. Dans des circonstances exceptionnelles, il est prévu que le Fonds puisse être endetté à concurrence maximale de 600 % (selon l’Approche par les Notionnels) de sa valeur liquidative. Par circonstances exceptionnelles, on entend des périodes caractérisées par (i) un manque de liquidité, s’agissant notamment de titres inscrits à la cote, échangés ou négociés sur un Marché Réglementé, amenant le Conseiller en Investissement par Délégation à rechercher une exposition aux marchés dérivés, (ii) de la volatilité vis-à-vis de laquelle le Conseiller en Investissement par Délégation cherche à se couvrir ou à prendre des positions opportunistes tout en respectant les politiques et restrictions d’investissement applicables au Fonds ou (iii) des corrélations imparfaites et des conditions de marché imprévues. Si le Fonds a recours à un effet de levier important, notamment le montant le plus élevé permis dans des circonstances exceptionnelles, il peut subir des pertes plus graves que celles qu’il aurait connues sans cet effet de levier massif. Le niveau de l’effet de levier est calculé à l’aide de l’Approche par les Notionnels tel que requis par le Règlement sur les OPCVM. La valeur notionnelle des investissements diverge fortement de leur valeur de marché, raison pour laquelle les limites d’effet de levier sont élevées. Ces limites d’effet de levier n’intègrent pas de quelconques accords de

### compensation ou de couverture que le Fonds pourrait appliquer à tout moment, quand bien même ces accords de compensation ou de couverture seraient utilisés à des fins de réduction du risque.
En raison de son exposition aux Marchés en développement et aux titres de qualité inférieure (below Investment Grade), un investissement dans le Fonds ne doit pas représenter une part substantielle d’un portefeuille d’investissement et peut ne pas convenir à tous les investisseurs.
Le Fonds peut investir directement ou indirectement dans de telles actions par le biais d’instruments financiers dérivés. Le Fonds peut réaliser des investissements importants en actions, sous réserve du respect des limites de pourcentages prévues dans les présentes, dans la mesure où le Conseiller en investissement par délégation estime que les marchés concernés bénéficient d’une conjoncture favorable à un investissement rentable dans ces valeurs. Les titres sont généralement sélectionnés par le Conseiller en investissement par délégation sans considération du secteur d’activité ou d’autres critères de sélection semblables ; le Fonds n’a pas vocation à être spécialisé dans un secteur d’activité donné.
En investissant dans des Titres de créance, il n’existe aucune limite quant au montant qui peut être investi par le Fonds dans des titres adossés à des créances hypothécaires et titres adossés à des actifs émis ou garantis par le gouvernement d’un pays membre de l’OCDE, ses agences ou organismes ou par des émetteurs privés qui peuvent se voir attribuer une notation inférieure à la qualité Investment Grade par les principales agences de notation. Par ailleurs, le Fonds peut également investir dans tous les types de valeurs mobilières, et dans des participations ou cessions dans des prêts hypothécaires à taux variables ou d’autres prêts commerciaux, dans la mesure indiquée dans la présente section du Supplément.
Le Fonds suit une stratégie d’allocation selon laquelle le Conseiller en investissement par délégation, conformément aux objectifs et politiques d’investissement du Fonds, a la possibilité d’allouer les investissements sous-jacents à sa discrétion et en réponse à des changements sur les marchés d’investissement, et de combiner différentes catégories d’actifs/de fournir aux investisseurs un ensemble de catégories d’actifs.

### L’obtention de revenus n'est pas un critère d’investissement important pour le Fonds.
Le pourcentage des actifs du Fonds investis en Actions variera et, selon les conditions de marché analysées par le Conseiller en Investissement par Délégation, le Fonds peut détenir, à titre accessoire dans son portefeuille, des liquidités ou des titres à court terme portant intérêt, tels que des Titres d’État ou des Titres de Créance. Le Fonds peut investir, dans une moindre mesure, dans d’autres types de valeurs, notamment des Actions de préférence, des Titres d’État, des Titres de Créance, des warrants et des titres convertibles en Actions, quand le Conseiller en Investissement par Délégation concerné perçoit une opportunité de croissance du capital sur ces titres. Il n’y a pas de limite relative à l’investissement par le Fonds dans des Titres de créance ou des Titres d’État dont la notation est inférieure à l’Investment Grade. Le Fonds peut investir, directement ou indirectement (à savoir par l’intermédiaire de certificats américains d’actions étrangères, de certificats européens d’actions étrangères et de certificats internationaux d’actions étrangères) sur les marchés concernés. Le Fonds peut également investir jusqu’à concurrence de 5 % de sa valeur liquidative en titres à coupon zéro, en titres payant leurs intérêts en nature et en Titres à Coupon Progressif ainsi que, sans limitation, en Titres Indexés/Structurés. Les obligations payant leurs intérêts en nature sont des obligations qui peuvent payer leurs intérêts sous la forme d’obligations supplémentaires de même nature.
Le Fonds pourra investir jusqu’à concurrence de 100 % de sa valeur liquidative dans des titres d’autres Organismes de placement collectif admissibles. L’investissement par le Fonds dans chaque organisme de placement collectif admissible, ne dépassera pas 20 % de sa valeur liquidative. Un tel investissement englobe la possibilité d’investir dans d’autres Fonds. Cependant, le Fonds ne peut pas investir dans un autre Fonds détenant lui-même des Actions d’un autre Fonds. Lorsqu'il investit dans un autre Fonds, le Fonds ne peut pas prélever une commission annuelle de gestion de portefeuille et/ou de gestion administrative pour ce qui concerne la fraction de ses actifs qui sont investis dans l'autre Fonds. Le niveau maximum de la commission de gestion (sans inclure les commissions de performance) qui peut être imputée à un organisme de placement collectif dans lequel le Fonds investit, est de 2 % par an de la valeur liquidative de cet organisme.
Le Conseiller en Investissement par Délégation adopte généralement une approche ascendante envers la constitution de portefeuilles. En d’autres termes, ils veulent identifier les sociétés robustes dotées d’avantages concurrentiels durables qui améliorent leurs retours sur le capital. Le Fonds suit une stratégie d’investissement
selon laquelle les sociétés sont jugées principalement en fonction de leurs caractéristiques qualitatives et quantitatives fondamentales. Communément appelé la sélection de titres ou l’investissement ascendant, les portefeuilles de fonds d’investissement axés sur les caractéristiques fondamentales sont constitués un titre à la fois, après des recherches internes intensives à l’égard de chaque société. Les domaines de recherche peuvent cibler la direction de la société, ses finances, ses avantages concurrentiels et ses faiblesses, ses perspectives de croissance de revenus et plusieurs autres paramètres. Cette approche se fonde sur la conviction que certaines sociétés ont des forces inhérentes en matière de création de valeur pour les actionnaires au fil du temps, ont de meilleures perspectives que leurs homologues et devraient donc surclasser l’industrie, même dans des industries ou des circonstances économiques difficiles. L’objectif d’une approche d’investissement fondamentale est d’identifier et d’investir dans de telles sociétés.
Le Fonds peut investir en instruments financiers dérivés à des fins de gestion efficace du portefeuille. Les investissements du Fonds en instruments dérivés seront soumis aux limites stipulées dans la politique d’investissement du Fonds ainsi qu’aux conditions et limites éventuellement stipulées par la Banque centrale. Dans certaines circonstances, le Fonds utilisera des instruments financiers dérivés comme levier. Le Fonds est autorisé à des fins d’investissement à investir jusqu’à 100 % de sa valeur liquidative dans des instruments financiers dérivés. Lorsque le risque de marché du Fonds est mesuré à l’aide de l’approche de la valeur à risque (« VaR »), l’effet de levier du Fonds est calculé à partir de la somme des montants notionnels des produits dérivés détenus par le Fonds ; les détails relatifs à l’effet de levier sont présentés dans les présentes dans les politiques d’investissement du Fonds. Toutefois, les Actionnaires doivent noter que, compte tenu de la nature des instruments dérivés et du fait que ces instruments peuvent être négociés à la marge, un relativement faible mouvement défavorable du cours du sous-jacent d’un instrument dérivé donné peut entraîner des mouvements immédiats et importants de l’exposition du Fonds à cet instrument dérivé. Si les limites d’exposition liées à un instrument dérivé devaient être supérieures pour des raisons échappant au contrôle du Fonds, celui-ci aura pour priorité de remédier à cette situation en tenant compte des intérêts de ses Actionnaires.

### UTILISATION DE MESURES DÉFENSIVES TEMPORAIRES
Dans certaines circonstances, à titre temporaire et exceptionnel, lorsque le Conseiller en Investissement ou le Conseiller en Investissement par Délégation concerné estime qu’il en va de l’intérêt des Actionnaires, le Fonds pourra effectuer quelques entorses à ses politiques d’investissement telles qu’elles figurent ci-dessus. Pour de plus amples informations, se référer à la section « Utilisation de mesures défensives temporaires » du Prospectus.

### PROFIL DE L’INVESTISSEUR TYPE

### Le Fonds s’adresse à une grande diversité d’investisseurs, qui recherchent l’accès à un portefeuille géré dans le respect d’un objectif et d’une politique d’investissement spécifiques.
L’investisseur potentiel doit choisir la Catégorie qui correspond le mieux à ses besoins. En sélectionnant une Catégorie, les investisseurs potentiels doivent prendre en considération les éléments suivants :
- le montant qu’ils prévoient d’investir ;
- la durée de détention prévue des Actions ;
- les frais payés au titre de chaque Catégorie ;
- l’admissibilité des Actionnaires au bénéfice d’une renonciation ou d’un abandon des droits d’entrée ;
- la devise de la catégorie d’actions.


### LIMITES D'INVESTISSEMENTS

### Chacun des investissements du Fonds sera limité aux investissements autorisés par le Règlement sur les OPCVM et d'autres limites applicables stipulées à l'Annexe 4 du Prospectus.

### UTILISATION D’INSTRUMENTS ET DE TECHNIQUES D’INVESTISSEMENT ET D’INSTRUMENTS FINANCIERS DÉRIVÉS
Sous réserve de la capacité du Fonds à investir jusqu'à 100 % de sa valeur liquidative dans des instruments financiers dérivés à des fins d'investissement, comme indiqué à la section « Objectif et Politiques
d’investissement » ci-dessus, le Conseillers en Investissement par Délégation peut seulement employer des instruments et des techniques d’investissement tels que des contrats à terme normalisés, des options, des swaps et autres instruments financiers dérivés pour une gestion efficace du portefeuille (à savoir une réduction des risques, une réduction des coûts et la génération de capital ou de revenu supplémentaire pour le Fonds) et le Conseiller en Investissement par Délégation est tenu de se conformer aux conditions et restrictions stipulées périodiquement par la Banque centrale. De plus amples informations figurent aux sections

### « Utilisation d'instruments et de techniques d'investissement et d'instruments financiers dérivés » et « Types et description d'instruments financiers dérivés » du Prospectus.
Le Fonds adoptera l’approche de la VaR pour calculer l'exposition globale. La méthode de la VaR sera utilisée par le Fonds afin d’aider à évaluer et à contrôler de façon qualitative les risques auxquels le Fonds est exposé.

### RÈGLEMENTATION DES OPÉRATIONS DE FINANCEMENT DE TITRES
Comme décrit plus particulièrement dans la section « Réglementation des opérations de financement sur titres » du Prospectus, sous réserve des limites d’investissement indiquées en Annexe 4 du Prospectus, ainsi que des limites d’investissement définies à la section « Objectif et politiques d’investissement » du Supplément : (a) en ce qui concerne les investissements autorisés dans les swaps sur rendement total, le Fonds peut investir au maximum 100 % de sa Valeur liquidative ; et (b) le Fonds peut investir au maximum 100 % de sa Valeur liquidative dans des Opérations de financement sur titres. Sous réserve des limites susmentionnées, le Fonds devrait en général investir entre 0 et 20 % de sa Valeur liquidative dans des swaps sur rendement total et des Opérations de financement sur titres.

### FACTEURS DE RISQUE ET CONSIDÉRATIONS PARTICULIÈRES
L’attention des investisseurs est attirée sur les facteurs de risque et autres considérations particulières qui sont décrits dans le Prospectus à la section intitulée « Facteurs de risque et considérations particulières » et qui peuvent affecter le Fonds. Cette liste de facteurs de risque liés aux investissements dans le Fonds n’est pas exhaustive, et l’attention de l’investisseur est attirée sur la description des instruments financiers qui apparaît à la section « Objectif et politiques d’investissement ».

### POLITIQUE DE DISTRIBUTION
Telles que décrites plus particulièrement dans le Prospectus à la section « Les Actions » et dans le Supplément à la section intitulée « Catégories d'Actions », les Catégories d’Actions de Distribution peuvent différer en termes de fréquence de distribution. Les Catégories d’Actions de Distribution peuvent effectuer des distributions de façon mensuelle, trimestrielle, semestrielle ou annuelle, tel que déterminé moment du lancement de la Catégorie d’Actions concernée. La fréquence de distribution des Catégories d’Actions est indiquée dans le tableau ci-dessous :
| Fréquence de distribution | Dates de déclaration de distribution |
| --- | --- |
| Catégories d’Actions de capitalisation |
| Sans objet | Sans objet |
| Catégories d’Actions de Distribution |
| Mensuelle | Mensuelle, en principe le 15 de chaque mois à moins que ce jour ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Trimestrielle | Trimestrielle, normalement le 15 janvier, le 15 avril, le 15 juillet et le 15 octobre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Semestrielle | Semestrielle, en principe le 15 avril et le 15 octobre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Annuelle | Annuelle, en principe le 15 octobre à moins qu’il ne s’agisse pas d’un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède la date mentionnée. |


### HEURES LIMITES DE NÉGOCIATION ET HEURES DE RÈGLEMENT
Les ordres de souscription d’Actions reçus et acceptés par ou au nom de l’Agent de transfert ou la Société et/ou le Gestionnaire avant l’Heure Limite de Négociation au cours d’un Jour Ouvré repris dans les tableaux ci-dessous seront traités au prix de l’offre déterminé ce Jour Ouvré. Les ordres de souscription d’Actions reçus par ou au nom de l’Agent de transfert ou de la Société et/ou du Gestionnaire après l’Heure Limite de Négociation un Jour Ouvré seront traités au prix de l’offre déterminé le Jour Ouvré suivant. Si le paiement des ordres de souscription n’est pas reçu à l’Heure de Règlement correspondante, une souscription peut être annulée ou l’Actionnaire peut être amené à payer des intérêts sur les montants de souscription non soldés aux taux normaux en vigueur. Dans ce cas, l’Agent de Distribution ou l’Actionnaire peut être tenu responsable de toute perte subie par le Fonds.
Le traitement des ordres de rachat est assujetti à la réception et l’acceptation par ou au nom de l’Agent Administratif ou la Société d’un ordre de rachat valable. Sous réserve des dispositions de la section « Limites de rachat » dans le Prospectus, les ordres de rachat reçus et acceptés par ou au nom de l’Agent de transfert ou par la Société ou par le Gestionnaire avant l’Heure Limite de Négociation un Jour Ouvré seront traités à la valeur liquidative par Action déterminée ce Jour Ouvré.
| Souscription | Heure Limite de Négociation | Heure de Règlement |
| --- | --- | --- |
| Souscriptions (autres que les Actions de Catégorie Z) | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |
| Souscriptions effectuées directement auprès de l’Agent de Transfert par des Investisseurs Institutionnels Éligibles/Actions de Catégorie Z | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | 15h30, heure de Londres J |
| Rachat | Heure Limite de Négociation | Heure de Règlement |
| Tous les Rachats | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |


### LE CONSEILLER EN INVESTISSEMENT PAR DÉLÉGATION
Le Gestionnaire a désigné JCIL en tant que conseiller en investissement de la Société. À la date du présent Supplément, JCIL a délégué à JCM la responsabilité de fournir des services discrétionnaires de conseil et de gestion de portefeuille, concernant tout ou partie des actifs du Fonds.

### CHARGES ET COMMISSIONS
Les charges et commissions auxquelles est soumis tout investissement dans un Fonds (comprenant les droits d’entrée, les droits de sortie conditionnels différés (CDSC), l’ajustement de la dilution, une commission de gestion et une commission de distribution) sont décrits en détail dans le Prospectus à la section « Charges et Commissions », dont un résume figure ci-dessous. Les Charges et Commissions sur les Catégories d’Actions de capital peuvent imputer certaines commissions et charges sur le capital plutôt que sur les revenus.
| Type de commission | Actions de Catégorie A | Actions de Catégorie B | Actions de Catégorie E | Actions de Catégorie G | Actions de Catégorie H | Actions de Catégorie I | Actions de Catégorie S | Actions de Catégorie V | Actions de Catégorie Z |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Droit d'entrée | Jusqu'à 5,00 % du montant souscrit | S/O | Jusqu'à 3,00 % du montant souscrit | S/O | S/O | Jusqu'à 2,00 % du montant souscrit | Jusqu'à 2,00 % du montant souscrit | S/O | S/O |
| CDSC Moins d'un an depuis l’achat - à 2 ans
- à 3 ans
- à 4 ans Plus de 4 ansdepuis l’achat
 | S/O | 4 % 3 % 2 % 1 % 0 % | S/O | S/O | S/O | S/O | S/O | 3 % 2 % 1 % 0 % - | S/O |
| Commissions de services aux Actionnaires | Jusqu'à 0,20 % de la valeur liquidative | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 1,25 % de la valeur liquidative | S/O | S/O | S/O | S/O | Jusqu'à 0,75 % de la valeur liquidative | S/O |

| Type de commission | Actions de Catégorie A | Actions de Catégorie B | Actions de Catégorie E | Actions de Catégorie G | Actions de Catégorie H | Actions de Catégorie I | Actions de Catégorie S | Actions de Catégorie V | Actions de Catégorie Z |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Commission de distribution | S/O | Jusqu'à 1,00 % de la valeur liquidative | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Commission de gestion d’investissem ent | Jusqu'à 0,50 % de la valeur liquidative | Jusqu'à 0,65 % de la valeur liquidative | Jusqu'à 0,65 % de la valeur liquidative | Jusqu'à 0,50 % de la valeur liquidative | Jusqu'à 0,50 % de la valeur liquidative | Jusqu'à 0,50 % de la valeur liquidative | Jusqu'à 0,50 % de la valeur liquidative | Jusqu'à 0,65 % de la valeur liquidative | Voir Prospectus |
| Commission de performance | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Charges et Commissions | 1,45 % de la valeur liquidative | S/O | 2,40 % de la valeur liquidative | 0,75 % de la valeur liquidative | 0,75 % de la valeur liquidative | 0,75 % de la valeur liquidative | 0,75 % de la valeur liquidative | 1,90 % de la valeur liquidative | Voir Prospectus |


### AJUSTEMENT DE DILUTION
Un ajustement de dilution peut être appliqué à la Valeur liquidative par Action du Fonds au cours d’un jour de négociation (i) si les souscriptions ou rachats nets dépassent le seuil déterminé à l’avance relatif à la Valeur liquidative du Fonds (lorsqu’un tel seuil est ponctuellement déterminé à l’avance pour le Fonds par le Gestionnaire) ou (ii) dans tout autre cas impliquant des souscriptions ou des rachats nets dans le Fonds, si le Gestionnaire ou ses délégués estiment raisonnablement que l’imposition d’un ajustement de dilution s’inscrira dans l’intérêt des Actionnaires existants.

### CATÉGORIES D’ACTIONS
Comme décrit plus particulièrement dans la section « Les Actions » du Prospectus, la Société propose 11 Catégories d’Actions avec diverses politiques de distribution, fréquences de distribution, politiques de couverture et devises dans chaque Catégorie. Le nouveau nom de chaque Catégorie d’Actions offertes par la Société permet aux Actionnaires d’identifier la politique de distribution, la fréquence de distribution, la politique de couverture et la devise d’une Catégorie en fonction de sous-classifications. Le tableau ci-dessous apporte des précisions sur les Catégories d’Actions approuvées par la Banque Centrale, ainsi que sur les Catégories disponibles à l’achat à la date du présent Supplément.
Si, pour une catégorie d’actions donnée d’un fonds donné, aucune émission n’avait préalablement été faite ou s’il est procédé à une réémission, une souscription initiale sera alors possible : (i) à la/aux date(s) devant être déterminée(s) par le Gestionnaire et communiquée(s) à l’avance à la Banque centrale et (ii) le prix de l’offre initiale et le prix de réémission stipulés dans le Prospectus à la section intitulée « Offres initiales de catégories d’actions ». Dans le cas d’un Fonds au titre duquel une ou plusieurs Catégories d’Actions sont déjà émises, le prix de l’offre initiale par Action pour toute Catégorie d’Actions supplémentaire émise en rapport avec ledit Fonds pourra correspondre à la valeur liquidative par Action desdites autres Catégories d’Actions du Fonds concerné tel que fixé par le Gestionnaire et communiqué à l’avance à la Banque Centrale, ainsi qu’aux Actionnaires potentiels.
| CATÉGORIES D’ACTIONS approuvées par la Banque Centrale à la date du présent Supplément |
| --- |
| Catégories libellées en Dollars américains | Catégories libellées en Euros | Catégories libellées en Livres sterling | Catégories libellées en Dollars de Hong Kong | Catégories libellées en Dollars australiens | Catégories libellées en Francs suisses | Catégories libellées en Dollars canadiens | Catégories libellées en Renminbi (CNH) | Catégories libellées en Couronnes suédoises | Catégories libellées en Dollars néo- zélandais | Catégories libellées en Dollars de Singapour |
| A2 USD B2 USD E2 USD I2 USD H2 USD G2 USD V2 USD Z2 USD Z1 USD | A2 HEUR B2 HEUR E2 HEUR I2 HEUR H2 HEUR G2 HEUR V2 HEUR Z2 EUR | I2 HGBP I2 GBP H2 HGBP H2 GBP G2 HGBP G2 GBP Z2 GBP Z2 HGBP | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD | A2 HCHF I2 HCHF S2 HCHF HS HCHF G2 HCHF Z2 CHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD |


### Supplément concernant le Fonds

### Janus Henderson Global Adaptive Multi-Asset Fund

### Le présent Supplément est établi en date du 26 février 2021.

### Le présent Supplément contient des informations spécifiques au fonds Janus Henderson Global Adaptive Multi Asset Fund (le « Fonds »), un compartiment de Janus Henderson Capital Funds plc (la
« Société »). La Société est un OPCVM établi sous la forme d’une société d’investissement à capital variable avec séparation des passifs entre les Fonds, constituée en Irlande et régie par la Banque centrale.
Ce Supplément fait partie intégrante du dernier Prospectus et doit être lu conjointement avec celui-ci. Le Prospectus peut être révisé ou complété de temps à autre. Les termes commençant par une majuscule utilisés dans le présent Supplément, qui n'ont pas été définis dans les présentes, ont la même signification que dans le Prospectus.

### RÉSUMÉ

### Les informations reprises sous ce titre constituent un résumé des principales caractéristiques du Fonds et doivent être lues conjointement avec le texte complet du Supplément.
| Catégories d’Actions | Des précisions sur les Catégories d'Actions sont présentées ci-dessous à la section intitulée « Catégories d’Actions ». |
| --- | --- |
| L’attention des investisseurs est attirée sur le fait qu’à la date du présent Supplément, seules certaines Catégories d’Actions du Fonds sont actuellement ouvertes à la souscription. En outre, toutes les Catégories d’Actions ne sont pas disponibles dans toutes les juridictions. Les investisseurs sont priés de se mettre en rapport avec l’Agent de Distribution pour obtenir la liste des Catégories d’Actions à leur disposition. |
| Fréquence des souscriptions, rachats et échanges | Sauf indication contraire des Administrateurs et/ou du Gestionnaire, les souscriptions, les rachats et les échanges d’Actions peuvent être effectués tout Jour Ouvré en suivant les procédures décrites dans les sections du Prospectus intitulées « Comment acheter des Actions », « Comment obtenir le rachat d’Actions » et « Comment échanger ou céder des Actions ». |
| Souscriptions minimales | Les souscriptions initiales et ultérieures minimales applicables à chaque Catégorie au sein du Fonds sont spécifiées dans la section du Prospectus intitulée « Comment acheter des Actions ». |
| Adaptation des Catégories | L’adaptation des Catégories et l’éligibilité des investisseurs pour des Catégories particulières sont décrites à la section intitulée « Les Actions » du Prospectus. |
| Devise de base | Dollar US |


### OBJECTIF ET POLITIQUES D’INVESTISSEMENT
L’objectif d’investissement de ce Fonds est d’obtenir un rendement total par le biais de la croissance du capital et de revenus. Il poursuit son objectif en allouant ses actifs à un portefeuille de plusieurs catégories d’actifs, telles que les actions (également appelées parts de société), les titres à revenu fixe et les matières premières, situées partout dans le monde (y compris sur les Marchés en développement). Le Fonds aura toute flexibilité de modifier ces allocations et pourra investir jusqu’à concurrence de 100 % de ses actifs dans l’une de ces catégories d’actifs, selon les conditions de marché. Le Fonds peut avoir fortement recours aux instruments financiers dérivés. Le Fonds utilise une variété d’investissements afin de s’exposer à différentes catégories d’actifs en investissant au moins 51 % de sa valeur liquidative dans des actions, des titres de créance, des Titres d’État et des Fonds négociés en bourse. L’exposition du Fonds aux matières premières peut inclure des investissements dans des matières premières négociées en bourse, des notes négociées en bourse (exchange traded notes), des contrats à terme sur indices de matières premières, des options et des swaps
offrant une exposition aux Indices de matières premières, à condition que ces instruments soient conformes aux exigences de la Banque Centrale. Les notes négociées en bourse dans lesquelles le Fonds peut investir peuvent contenir des dérivés incorporés et/ou un effet de levier. Ces titres proviendront d’émetteurs situés partout dans le monde. Il est prévu que le Fonds soit largement diversifié dans une grande variété d’industries et de secteurs.
Les instruments financiers dérivés seront utilisés dans les cas où l’achat direct s’avèrerait impossible ou moins efficace et peuvent être utilisés pour couvrir, augmenter ou réduire les risques de change, augmenter ou réduire les expositions sur actions dans des pays ou secteurs, augmenter ou réduire l’exposition des titres à revenu fixe à certains pays particuliers, augmenter ou réduire l’exposition aux taux d’intérêt ou à une devise ou à un pays en particulier, obtenir une exposition à la courbe des taux d’un pays ou d’une devise (qui indique le rendement obligataire pour différentes échéances), gérer et limiter de façon dynamique la volatilité, gérer l’exposition au risque de taux d’intérêt, au risque souverain et au risque de crédit, couvrir les instruments sensibles à l’inflation et obtenir une exposition aux taux d’intérêt réels propres à un pays donné.
Le Fonds peut également employer des techniques d’investissement et des instruments tels que des contrats à terme normalisés, des options, des swaps, des swaptions, des swaps sur défaut de crédit (des swaps sur défaut à titulaire unique et des indices de swaps sur défaut) et des contrats de change à terme pour une gestion efficace du portefeuille (à savoir une réduction des risques, une réduction des coûts et la génération de capital ou de revenu supplémentaire pour le Fonds) ou à des fins d’investissement, comme indiqué dans la section « Types et description des instruments financiers dérivés » du Prospectus, sous réserve des conditions et dans les limites stipulées périodiquement par la Banque Centrale concernant l’acquisition ou la couverture d’une exposition aux placements dont il s’agit dans ces politiques d’investissement.
Objectif de performance : Surperformer l’indice de référence composite (60 % de l’indice MSCI All Country World/40 % de l’indice Bloomberg Barclays Global Aggregate Bond) de 1 % par an, avant déduction des frais, sur toute période de 5 ans.
Le Fonds est géré activement en fonction de l’indice de référence composite (60 % de l’indice MSCI All Country World / 40 % de l’indice Bloomberg Barclays Global Aggregate Bond), qui est largement représentatif des actifs dans lesquels il peut investir et sur la base duquel l’objectif de performance du Fonds est défini. Le Conseiller en Investissement par Délégation dispose d’une grande liberté pour choisir des investissements individuels pour le Fonds. Le Conseiller en Investissement par Délégation applique divers critères de sélection qui seront plus ou moins mis en avant selon la situation économique qui prévaut. Les détails de la performance du Fonds sont disponibles dans les rapports annuels et semestriels, les documents de commercialisation et dans le DICI. Rien ne garantit que la performance du Fonds sera égale ou supérieure à cet indice de référence.
Le Fonds aura fortement recours aux instruments financiers dérivés. Le risque de marché du Fonds sera mesuré à l’aide de l’approche de la VaR. La VaR absolue du Fonds n’excédera pas 14,1 % de sa valeur liquidative. Il est prévu que dans des conditions normales de marché, l’effet de levier du Fonds, calculé comme la somme des montants notionnels des produits dérivés détenus par le Fonds (l’« Approche par les Notionnels »), soit inférieur à 400 % de la valeur liquidative du Fonds, et qu’il oscille habituellement entre 0 et
400 % de la valeur liquidative, avec une exposition moyenne attendue de 150 % à 300 %. Dans des circonstances exceptionnelles, il est prévu que le Fonds puisse être endetté à concurrence maximale de 700 % (selon l’Approche par les Notionnels) de sa valeur liquidative. Par circonstances exceptionnelles, on entend des périodes caractérisées par (i) un manque de liquidité, s’agissant notamment de titres inscrits à la cote, échangés ou négociés sur un Marché Réglementé, amenant le Conseiller en Investissement par Délégation à rechercher une exposition aux marchés dérivés, (ii) de la volatilité vis-à-vis de laquelle le Conseiller en Investissement par Délégation cherche à se couvrir ou à prendre des positions opportunistes tout en respectant les politiques et restrictions d’investissement applicables au Fonds ou (iii) des corrélations imparfaites et des conditions de marché imprévues. Si le Fonds a recours à un effet de levier important, notamment le montant le plus élevé permis dans des circonstances exceptionnelles, il peut subir des pertes plus graves que celles qu’il aurait connues sans cet effet de levier massif. Le niveau de l’effet de levier est calculé à l’aide de l’Approche par les Notionnels tel que requis par le Règlement sur les OPCVM. La valeur notionnelle des investissements diverge fortement de leur valeur de marché, raison pour laquelle les limites d’effet de levier sont élevées. Ces limites d’effet de levier n’intègrent pas de quelconques accords de compensation ou de couverture que le Fonds pourrait appliquer à tout moment, quand bien même ces accords de compensation ou de couverture seraient utilisés à des fins de réduction du risque.
En raison de son exposition aux Marchés en développement et aux titres de qualité inférieure (below Investment Grade), un investissement dans le Fonds ne doit pas représenter une part substantielle d’un portefeuille d’investissement et peut ne pas convenir à tous les investisseurs.
Le Fonds peut investir directement ou indirectement dans de telles actions par le biais d’instruments financiers dérivés. Le Fonds peut réaliser des investissements importants en actions, sous réserve du respect des limites de pourcentages prévues dans les présentes, dans la mesure où le Conseiller en investissement par délégation estime que les marchés concernés bénéficient d’une conjoncture favorable à un investissement rentable dans ces valeurs. Les titres sont généralement sélectionnés par le Conseiller en investissement par délégation sans considération du secteur d’activité ou d’autres critères de sélection semblables ; le Fonds n’a pas vocation à être spécialisé dans un secteur d’activité donné.
En investissant dans des Titres de créance, il n’existe aucune limite quant au montant qui peut être investi par le Fonds dans des titres adossés à des créances hypothécaires et titres adossés à des actifs émis ou garantis par le gouvernement d’un pays membre de l’OCDE, ses agences ou organismes ou par des émetteurs privés qui peuvent se voir attribuer une notation inférieure à la qualité Investment Grade par les principales agences de notation. Par ailleurs, le Fonds peut également investir dans tous les types de valeurs mobilières, et dans des participations ou cessions dans des prêts hypothécaires à taux variables ou d’autres prêts commerciaux, dans la mesure indiquée dans la présente section du Supplément.
Le Fonds suit une stratégie d’allocation selon laquelle le Conseiller en investissement par délégation, conformément aux objectifs et politiques d’investissement du Fonds, a la possibilité d’allouer les investissements sous-jacents à sa discrétion et en réponse à des changements sur les marchés d’investissement, et de combiner différentes catégories d’actifs/de fournir aux investisseurs un ensemble de catégories d’actifs.
L’obtention de revenus est un critère d’investissement important pour le Fonds dans la mesure où celui-ci investit dans des valeurs mobilières telles que celles auxquelles il est fait référence dans la présente section du Supplément.
Le pourcentage des actifs du Fonds investis en Actions variera et, selon les conditions de marché analysées par le Conseiller en Investissement par Délégation, le Fonds peut détenir, à titre accessoire dans son portefeuille, des liquidités ou des titres à court terme portant intérêt, tels que des Titres d’État ou des Titres de Créance. Le Fonds peut investir, dans une moindre mesure, dans d’autres types de valeurs, notamment des Actions de préférence, des Titres d’État, des Titres de Créance, des warrants et des titres convertibles en Actions, quand le Conseiller en Investissement par Délégation concerné perçoit une opportunité de croissance du capital sur ces titres. Il n’y a pas de limite relative à l’investissement par le Fonds dans des Titres de créance ou des Titres d’État dont la notation est inférieure à l’Investment Grade. Le Fonds peut investir, directement ou indirectement (à savoir par l’intermédiaire de certificats américains d’actions étrangères, de certificats européens d’actions étrangères et de certificats internationaux d’actions étrangères) sur les marchés concernés. Le Fonds peut également investir jusqu’à concurrence de 5 % de sa valeur liquidative en titres à coupon zéro, en titres payant leurs intérêts en nature et en Titres à Coupon Progressif ainsi que, sans limitation, en Titres Indexés/Structurés. Les obligations payant leurs intérêts en nature sont des obligations qui peuvent payer leurs intérêts sous la forme d’obligations supplémentaires de même nature.
Le Fonds pourra investir jusqu’à concurrence de 100 % de sa valeur liquidative dans des titres d’autres Organismes de placement collectif admissibles. L’investissement par le Fonds dans chaque organisme de placement collectif admissible, ne dépassera pas 20 % de sa valeur liquidative. Un tel investissement englobe la possibilité d’investir dans d’autres Fonds. Cependant, le Fonds ne peut pas investir dans un autre Fonds détenant lui-même des Actions d’un autre Fonds. Lorsqu'il investit dans un autre Fonds, le Fonds ne peut pas prélever une commission annuelle de gestion de portefeuille et/ou de gestion administrative pour ce qui concerne la fraction de ses actifs qui sont investis dans l'autre Fonds. Le niveau maximum de la commission de gestion (sans inclure les commissions de performance) qui peut être imputée à un organisme de placement collectif dans lequel le Fonds investit, est de 2 % par an de la valeur liquidative de cet organisme.
Le Conseiller en Investissement par Délégation adopte généralement une approche ascendante envers la constitution de portefeuilles. En d’autres termes, ils veulent identifier les sociétés robustes dotées d’avantages concurrentiels durables qui améliorent leurs retours sur le capital. Le Fonds suit une stratégie d’investissement selon laquelle les sociétés sont jugées principalement en fonction de leurs caractéristiques qualitatives et
quantitatives fondamentales. Communément appelé la sélection de titres ou l’investissement ascendant, les portefeuilles de fonds d’investissement axés sur les caractéristiques fondamentales sont constitués un titre à la fois, après des recherches internes intensives à l’égard de chaque société. Les domaines de recherche peuvent cibler la direction de la société, ses finances, ses avantages concurrentiels et ses faiblesses, ses perspectives de croissance de revenus et plusieurs autres paramètres. Cette approche se fonde sur la conviction que certaines sociétés ont des forces inhérentes en matière de création de valeur pour les actionnaires au fil du temps, ont de meilleures perspectives que leurs homologues et devraient donc surclasser l’industrie, même dans des industries ou des circonstances économiques difficiles. L’objectif d’une approche d’investissement fondamentale est d’identifier et d’investir dans de telles sociétés.
Le Fonds peut investir en instruments financiers dérivés à des fins de gestion efficace du portefeuille. Les investissements du Fonds en instruments dérivés seront soumis aux limites stipulées dans la politique d’investissement du Fonds ainsi qu’aux conditions et limites éventuellement stipulées par la Banque centrale. Dans certaines circonstances, le Fonds utilisera des instruments financiers dérivés comme levier. Le Fonds est autorisé à des fins d’investissement à investir jusqu’à 100 % de sa valeur liquidative dans des instruments financiers dérivés. Lorsque le risque de marché du Fonds est mesuré à l’aide de l’approche de la valeur à risque (« VaR »), l’effet de levier du Fonds est calculé à partir de la somme des montants notionnels des produits dérivés détenus par le Fonds ; les détails relatifs à l’effet de levier sont présentés dans les présentes dans les politiques d’investissement du Fonds. Toutefois, les Actionnaires doivent noter que, compte tenu de la nature des instruments dérivés et du fait que ces instruments peuvent être négociés à la marge, un relativement faible mouvement défavorable du cours du sous-jacent d’un instrument dérivé donné peut entraîner des mouvements immédiats et importants de l’exposition du Fonds à cet instrument dérivé. Si les limites d’exposition liées à un instrument dérivé devaient être supérieures pour des raisons échappant au contrôle du Fonds, celui-ci aura pour priorité de remédier à cette situation en tenant compte des intérêts de ses Actionnaires.

### UTILISATION DE MESURES DÉFENSIVES TEMPORAIRES
Dans certaines circonstances, à titre temporaire et exceptionnel, lorsque le Conseiller en Investissement ou le Conseiller en Investissement par Délégation concerné estime qu’il en va de l’intérêt des Actionnaires, le Fonds pourra effectuer quelques entorses à ses politiques d’investissement telles qu’elles figurent ci-dessus. Pour de plus amples informations, se référer à la section « Utilisation de mesures défensives temporaires » du Prospectus.

### PROFIL DE L’INVESTISSEUR TYPE

### Le Fonds s’adresse à une grande diversité d’investisseurs, qui recherchent l’accès à un portefeuille géré dans le respect d’un objectif et d’une politique d’investissement spécifiques.
L’investisseur potentiel doit choisir la Catégorie qui correspond le mieux à ses besoins. En sélectionnant une Catégorie, les investisseurs potentiels doivent prendre en considération les éléments suivants :
- le montant qu’ils prévoient d’investir ;
- la durée de détention prévue des Actions ;
- les frais payés au titre de chaque Catégorie ;
- l’admissibilité des Actionnaires au bénéfice d’une renonciation ou d’un abandon des droits d’entrée ;
- la devise de la catégorie d’actions.


### LIMITES D'INVESTISSEMENTS

### Chacun des investissements du Fonds sera limité aux investissements autorisés par le Règlement sur les OPCVM et d'autres limites applicables stipulées à l'Annexe 4 du Prospectus.

### UTILISATION D’INSTRUMENTS ET DE TECHNIQUES D’INVESTISSEMENT ET D’INSTRUMENTS FINANCIERS DÉRIVÉS
Sous réserve de la capacité du Fonds à investir jusqu'à 100 % de sa valeur liquidative dans des instruments financiers dérivés à des fins d'investissement, comme indiqué à la section « Objectif et Politiques d’investissement » ci-dessus, le Conseillers en Investissement par Délégation peut seulement employer des
instruments et des techniques d’investissement tels que des contrats à terme normalisés, des options, des swaps et autres instruments financiers dérivés pour une gestion efficace du portefeuille (à savoir une réduction des risques, une réduction des coûts et la génération de capital ou de revenu supplémentaire pour le Fonds) et le Conseiller en Investissement par Délégation est tenu de se conformer aux conditions et restrictions stipulées périodiquement par la Banque centrale. De plus amples informations figurent aux sections

### « Utilisation d'instruments et de techniques d'investissement et d'instruments financiers dérivés » et « Types et description d'instruments financiers dérivés » du Prospectus.
Le Fonds adoptera l’approche de la VaR pour calculer l'exposition globale. La méthode de la VaR sera utilisée par le Fonds afin d’aider à évaluer et à contrôler de façon qualitative les risques auxquels le Fonds est exposé.

### RÈGLEMENTATION DES OPÉRATIONS DE FINANCEMENT DE TITRES
Comme décrit plus particulièrement dans la section « Réglementation des opérations de financement sur titres » du Prospectus, sous réserve des limites d’investissement indiquées en Annexe 4 du Prospectus, ainsi que des limites d’investissement définies à la section « Objectif et politiques d’investissement » du Supplément : (a) en ce qui concerne les investissements autorisés dans les swaps sur rendement total, le Fonds peut investir au maximum 100 % de sa Valeur liquidative ; et (b) le Fonds peut investir au maximum 100 % de sa Valeur liquidative dans des Opérations de financement sur titres. Sous réserve des limites susmentionnées, le Fonds devrait en général investir entre 0 et 20 % de sa Valeur liquidative dans des swaps sur rendement total et des Opérations de financement sur titres.

### FACTEURS DE RISQUE ET CONSIDÉRATIONS PARTICULIÈRES
L’attention des investisseurs est attirée sur les facteurs de risque et autres considérations particulières qui sont décrits dans le Prospectus à la section intitulée « Facteurs de risque et considérations particulières » et qui peuvent affecter le Fonds. Cette liste de facteurs de risque liés aux investissements dans le Fonds n’est pas exhaustive, et l’attention de l’investisseur est attirée sur la description des instruments financiers qui apparaît à la section « Objectif et politiques d’investissement ».

### POLITIQUE DE DISTRIBUTION
Telles que décrites plus particulièrement dans le Prospectus à la section « Les Actions » et dans le Supplément à la section intitulée « Catégories d'Actions », les Catégories d’Actions de Distribution peuvent différer en termes de fréquence de distribution. Les Catégories d’Actions de Distribution peuvent effectuer des distributions de façon mensuelle, trimestrielle, semestrielle ou annuelle, tel que déterminé moment du lancement de la Catégorie d’Actions concernée. La fréquence de distribution des Catégories d’Actions est indiquée dans le tableau ci-dessous :
| Fréquence de distribution | Dates de déclaration de distribution |
| --- | --- |
| Catégories d’Actions de capitalisation |
| Sans objet | Sans objet |
| Catégories d’Actions de Distribution |
| Mensuelle | Mensuelle, en principe le 15 de chaque mois à moins que ce jour ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Trimestrielle | Trimestrielle, normalement le 15 janvier, le 15 avril, le 15 juillet et le 15 octobre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Semestrielle | Semestrielle, en principe le 15 avril et le 15 octobre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Annuelle | Annuelle, en principe le 15 octobre à moins qu’il ne s’agisse pas d’un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède la date mentionnée. |


### HEURES LIMITES DE NÉGOCIATION ET HEURES DE RÈGLEMENT
Les ordres de souscription d’Actions reçus et acceptés par ou au nom de l’Agent de transfert ou la Société et/ou le Gestionnaire avant l’Heure Limite de Négociation au cours d’un Jour Ouvré repris dans les tableaux ci-dessous seront traités au prix de l’offre déterminé ce Jour Ouvré. Les ordres de souscription d’Actions reçus par ou au nom de l’Agent de transfert ou de la Société et/ou du Gestionnaire après l’Heure Limite de Négociation un Jour Ouvré seront traités au prix de l’offre déterminé le Jour Ouvré suivant. Si le paiement des ordres de souscription n’est pas reçu à l’Heure de Règlement correspondante, une souscription peut être annulée ou l’Actionnaire peut être amené à payer des intérêts sur les montants de souscription non soldés aux taux normaux en vigueur. Dans ce cas, l’Agent de Distribution ou l’Actionnaire peut être tenu responsable de toute perte subie par le Fonds.
Le traitement des ordres de rachat est assujetti à la réception et l’acceptation par ou au nom de l’Agent Administratif ou la Société d’un ordre de rachat valable. Sous réserve des dispositions de la section « Limites de rachat » dans le Prospectus, les ordres de rachat reçus et acceptés par ou au nom de l’Agent de transfert ou par la Société ou par le Gestionnaire avant l’Heure Limite de Négociation un Jour Ouvré seront traités à la valeur liquidative par Action déterminée ce Jour Ouvré.
| Souscription | Heure Limite de Négociation | Heure de Règlement |
| --- | --- | --- |
| Souscriptions (autres que les Actions de Catégorie Z) | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |
| Souscriptions effectuées directement auprès de l’Agent de Transfert par des Investisseurs Institutionnels Éligibles/Actions de Catégorie Z | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | 15h30, heure de Londres J |
| Rachat | Heure Limite de Négociation | Heure de Règlement |
| Tous les Rachats | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |


### LE CONSEILLER EN INVESTISSEMENT PAR DÉLÉGATION
Le Gestionnaire a désigné JCIL en tant que conseiller en investissement de la Société. À la date du présent Supplément, JCIL a délégué à JCM la responsabilité de fournir des services discrétionnaires de conseil et de gestion de portefeuille, concernant tout ou partie des actifs du Fonds.

### CHARGES ET COMMISSIONS
Les charges et commissions auxquelles est soumis tout investissement dans un Fonds (comprenant les droits d’entrée, les droits de sortie conditionnels différés (CDSC), l’ajustement de la dilution, une commission de gestion et une commission de distribution) sont décrits en détail dans le Prospectus à la section « Charges et Commissions », dont un résume figure ci-dessous. Les Charges et Commissions sur les Catégories d’Actions de capital peuvent imputer certaines commissions et charges sur le capital plutôt que sur les revenus.
| Type de commission | Actions de Catégorie A | Actions de Catégorie B | Actions de Catégorie E | Actions de Catégorie G | Actions de Catégorie H | Actions de Catégorie I | Actions de Catégorie S | Actions de Catégorie V | Actions de Catégorie Z |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Droit d'entrée | Jusqu'à 5,00 % du montant souscrit | S/O | Jusqu'à 3,00 % du montant souscrit | S/O | S/O | Jusqu'à 2,00 % du montant souscrit | Jusqu'à 2,00 % du montant souscrit | S/O | S/O |
| CDSC Moins d'un an depuis l’achat - à 2 ans
- à 3 ans
- à 4 ans Plus de 4 ansdepuis l’achat
 | S/O | 4 % 3 % 2 % 1 % 0 % | S/O | S/O | S/O | S/O | S/O | 3 % 2 % 1 % 0 % - | S/O |
| Commissions de services aux Actionnaires | Jusqu'à 0,60 % de la valeur liquidative | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 1,25 % de la valeur liquidative | S/O | S/O | S/O | S/O | Jusqu'à 0,75 % de la valeur liquidative | S/O |

| Type de commission | Actions de Catégorie A | Actions de Catégorie B | Actions de Catégorie E | Actions de Catégorie G | Actions de Catégorie H | Actions de Catégorie I | Actions de Catégorie S | Actions de Catégorie V | Actions de Catégorie Z |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Commission de distribution | S/O | Jusqu'à 1,00 % de la valeur liquidative | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Commission de gestion d’investissem ent | Jusqu'à 0,90 % de la valeur liquidative | Jusqu'à 0,90 % de la valeur liquidative | Jusqu'à 0,90 % de la valeur liquidative | Jusqu'à 0,80 % de la valeur liquidative | Jusqu'à 0,80 % de la valeur liquidative | Jusqu'à 0,80 % de la valeur liquidative | Jusqu'à 0,80 % de la valeur liquidative | Jusqu'à 0,90 % de la valeur liquidative | Voir Prospectus |
| Commission de performance | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Charges et Commissions | 1,75 % de la valeur liquidative | S/O | 2,90 % de la valeur liquidative | 1,05 % de la valeur liquidative | 1,05 % de la valeur liquidative | 1,05 % de la valeur liquidative | 1,05 % de la valeur liquidative | 2,75 % de la valeur liquidative | Voir Prospectus |


### AJUSTEMENT DE DILUTION
Un ajustement de dilution peut être appliqué à la Valeur liquidative par Action du Fonds au cours d’un jour de négociation (i) si les souscriptions ou rachats nets dépassent le seuil déterminé à l’avance relatif à la Valeur liquidative du Fonds (lorsqu’un tel seuil est ponctuellement déterminé à l’avance pour le Fonds par le Gestionnaire) ou (ii) dans tout autre cas impliquant des souscriptions ou des rachats nets dans le Fonds, si le Gestionnaire ou ses délégués estiment raisonnablement que l’imposition d’un ajustement de dilution s’inscrira dans l’intérêt des Actionnaires existants.

### CATÉGORIES D’ACTIONS
Comme décrit plus particulièrement dans la section « Les Actions » du Prospectus, la Société propose 11 Catégories d’Actions avec diverses politiques de distribution, fréquences de distribution, politiques de couverture et devises dans chaque Catégorie. Le nouveau nom de chaque Catégorie d’Actions offertes par la Société permet aux Actionnaires d’identifier la politique de distribution, la fréquence de distribution, la politique de couverture et la devise d’une Catégorie en fonction de sous-classifications. Le tableau ci-dessous apporte des précisions sur les Catégories d’Actions approuvées par la Banque Centrale, ainsi que sur les Catégories disponibles à l’achat à la date du présent Supplément.
Si, pour une catégorie d’actions donnée d’un fonds donné, aucune émission n’avait préalablement été faite ou s’il est procédé à une réémission, une souscription initiale sera alors possible : (i) à la/aux date(s) devant être déterminée(s) par le Gestionnaire et communiquée(s) à l’avance à la Banque centrale et (ii) le prix de l’offre initiale et le prix de réémission stipulés dans le Prospectus à la section intitulée « Offres initiales de catégories d’actions ». Dans le cas d’un Fonds au titre duquel une ou plusieurs Catégories d’Actions sont déjà émises, le prix de l’offre initiale par Action pour toute Catégorie d’Actions supplémentaire émise en rapport avec ledit Fonds pourra correspondre à la valeur liquidative par Action desdites autres Catégories d’Actions du Fonds concerné tel que fixé par le Gestionnaire et communiqué à l’avance à la Banque Centrale, ainsi qu’aux Actionnaires potentiels.
| CATÉGORIES D’ACTIONS approuvées par la Banque Centrale à la date du présent Supplément |
| --- |
| Catégories libellées en Dollars américains | Catégories libellées en Euros | Catégories libellées en Livres sterling | Catégories libellées en Dollars de Hong Kong | Catégories libellées en Dollars australiens | Catégories libellées en Francs suisses | Catégories libellées en Dollars canadiens | Catégories libellées en Renminbi (CNH) | Catégories libellées en Couronnes suédoises | Catégories libellées en Dollars néo- zélandais | Catégories libellées en Dollars de Singapour |
| A2 USD B2 USD E2 USD I2 USD S2 USD H2 USD G2 USD V2 USD Z2 USD | A2 HEUR B2 HEUR E2 HEUR I2 HEUR S2 HEUR H2 HEUR G2 HEUR V2 HEUR Z2 EUR | I2 HGBP I2 GBP S2 HGBP H2 HGBP H2 GBP G2 HGBP G2 GBP Z2 GBP Z2 HGBP | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF G2 HCHF Z2 CHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD |


### Supplément concernant le Fonds Janus Henderson Global Life Sciences Fund

### Le présent Supplément est établi en date du 26 février 2021.

### Le présent Supplément contient des informations spécifiques au fonds Janus Henderson Global Life Sciences Fund (le « Fonds »), un compartiment de Janus Henderson Capital Funds plc (la « Société

### »). La Société est un OPCVM établi sous la forme d’une société d’investissement à capital variable avec séparation des passifs entre les Fonds, constituée en Irlande et régie par la Banque centrale.
Ce Supplément fait partie intégrante du dernier Prospectus et doit être lu conjointement avec celui-ci. Le Prospectus peut être révisé ou complété de temps à autre. Les termes commençant par une majuscule utilisés dans le présent Supplément, qui n'ont pas été définis dans les présentes, ont la même signification que dans le Prospectus.

### RÉSUMÉ

### Les informations reprises sous ce titre constituent un résumé des principales caractéristiques du Fonds et doivent être lues conjointement avec le texte complet du Supplément.
| Catégories d’Actions | Des précisions sur les Catégories d'Actions sont présentées ci-dessous à la section intitulée « Catégories d’Actions ». |
| --- | --- |
| L’attention des investisseurs est attirée sur le fait qu’à la date du présent Supplément, seules certaines Catégories d’Actions du Fonds sont actuellement ouvertes à la souscription. En outre, toutes les Catégories d’Actions ne sont pas disponibles dans toutes les juridictions. Les investisseurs sont priés de se mettre en rapport avec l’Agent de Distribution pour obtenir la liste des Catégories d’Actions à leur disposition. |
| Fréquence des souscriptions, rachats et échanges | Sauf indication contraire des Administrateurs et/ou du Gestionnaire, les souscriptions, les rachats et les échanges d’Actions peuvent être effectués tout Jour Ouvré en suivant les procédures décrites dans les sections du Prospectus intitulées « Comment acheter des Actions », « Comment obtenir le rachat d’Actions » et « Comment échanger ou céder des Actions ». |
| Souscriptions minimales | Les souscriptions initiales et ultérieures minimales applicables à chaque Catégorie au sein du Fonds sont spécifiées dans la section du Prospectus intitulée « Comment acheter des Actions ». |
| Adaptation des Catégories | L’adaptation des Catégories et l’éligibilité des investisseurs pour des Catégories particulières sont décrites à la section intitulée « Les Actions » du Prospectus. |
| Devise de base | Dollar US |


### OBJECTIF ET POLITIQUES D’INVESTISSEMENT
L’objectif d’investissement de ce Fonds est la croissance à long terme du capital. Le Fonds poursuit cet objectif en investissant au moins 80 % de sa valeur liquidative en actions (également appelées parts de société) de sociétés établies dans le monde entier et choisies en raison de leur potentiel de croissance. Le Fonds investira au moins 80 % de sa valeur liquidative en titres de sociétés qui, selon le Conseiller en Investissement par Délégation concerné, sont axées sur les sciences de la vie. D’une manière générale, les « sciences de la vie
» concernent le maintien ou l’amélioration de la qualité de la vie. Ainsi, les sociétés axées sur les « sciences de la vie » comprennent des sociétés qui ont pour activité la recherche, le développement, la production ou la distribution de produits ou de services liés à la santé et aux soins personnels, à la médecine ou à la pharmacie. Ces sociétés peuvent également comprendre des entreprises dont le Conseiller en Investissement par Délégation concerné estime qu’elles offrent un potentiel de croissance surtout en raison de produits, technologies ou brevets spécifiques ou d’autres avantages compétitifs dans le secteur des sciences de la vie.
Le Fonds peut utiliser, à concurrence de 10 % de sa valeur liquidative, des techniques et instruments d’investissement tels que des contrats à terme normalisés, des options, des swaps et d’autres instruments financiers dérivés à des fins d’investissement, sous réserve des conditions et limites stipulées ponctuellement par la Banque Centrale. Le Conseiller en Investissement par Délégation peut investir dans des sociétés de toutes tailles, aussi bien des grandes sociétés bien établies que des petites sociétés émergentes en pleine croissance. Le Fonds peut investir dans des sociétés situées dans n’importe quel pays du monde (y compris sur les Marchés en développement), mais le montant total du Fonds pouvant être investi dans des titres négociés sur les Marchés en développement est de 20 % de la valeur liquidative du Fonds et un maximum de 10 % de la valeur liquidative du Fonds peut être investi dans des titres négociés sur l’un quelconque des Marchés en développement. Le Conseiller en Investissement par Délégation adopte généralement une approche équilibrée concernant l’allocation entre les sous-secteurs qui comprennent, sans s’y limiter, la biotechnologie, les produits pharmaceutiques, les services de soins de santé et les dispositifs médicaux.

### Objectif de performance : Surperformer l’indice MSCI World Health Care d’au moins 2 % par an, avant déduction des frais, sur toute période de 5 ans.
Le Fonds est géré activement en fonction de l’indice MSCI World Health Care, qui est largement représentatif des sociétés dans lesquelles il peut investir et sur la base duquel l’objectif de performance du Fonds est défini. Le Conseiller en Investissement par Délégation a le pouvoir discrétionnaire de choisir des investissements individuels pour le Fonds avec des pondérations différentes de l’indice ou n’y figurant pas, même si le Fonds peut parfois détenir des investissements similaires à l’indice. Les détails de la performance du Fonds sont disponibles dans les rapports annuels et semestriels, les documents de commercialisation et dans le DICI. Rien ne garantit que la performance du Fonds sera égale ou supérieure à cet indice de référence.
Le Conseiller en Investissement par Délégation adopte généralement une approche « ascendante » ou recourt à la sélection de titres pour constituer un portefeuille d’investissements constitués un titre à la fois, après des recherches internes à l’égard de chaque société. Les sociétés sont considérées principalement en fonction de leurs propres caractéristiques qualitatives et quantitatives fondamentales. Le Conseiller en Investissement par Délégation cherche à identifier les sociétés de soins de santé innovantes qui répondent à des besoins médicaux élevés non satisfaits. L’équipe comprend que la réussite concernant le développement d’un médicament est de nature binaire, ce qui crée de grandes disparités entre les gagnants et les perdants. Afin d’analyser la probabilité de succès d’une société, le processus d’investissement s’appuie sur des modèles statistiques exclusifs, en se concentrant sur les produits qui, selon eux, peuvent passer les tests cliniques. De nouveaux outils, tels que les enquêtes réalisées auprès des médecins et les modèles de prescription, tentent de prédire avec plus de précision la viabilité commerciale.
Le Fonds peut investir jusqu’à concurrence de 10 % de sa valeur liquidative dans des titres adossés à prêts hypothécaires et à des actifs émis ou garantis par un gouvernement d’un pays membre de l’OCDE, ou ses organismes ou démembrements ou par des émetteurs privés, et dont la notation peut être inférieure aux notations de Premier Ordre telles qu’attribuées par les principales agences de notation.
Le Fonds peut investir la quasi-totalité de ses actifs en actions, dans la mesure où le Conseiller en investissement par délégation estime que les marchés concernés bénéficient d’une conjoncture favorable à un investissement rentable dans ces valeurs.

### L’obtention de revenus n'est pas un critère d’investissement important pour le Fonds.
Le pourcentage des actifs du Fonds investis en Actions variera et, selon les conditions de marché analysées par le Conseiller en Investissement par Délégation, le Fonds peut détenir, à titre accessoire dans son portefeuille, des liquidités ou des titres à court terme portant intérêt, tels que des Titres d’État ou des Titres de Créance. Le Fonds peut investir, dans une moindre mesure, dans d’autres types de valeurs, notamment des Actions de préférence, des Titres d’État, des Titres de Créance, des warrants et des titres convertibles en Actions, quand le Conseiller en Investissement par Délégation concerné perçoit une opportunité de croissance du capital sur ces titres. Le Fonds peut investir jusqu’à 15 % de sa valeur liquidative en Titres de Créance (y compris des obligations à haut rendement/risque) ou en Titres d'État ne bénéficiant pas d’une notation de Premier Ordre. Le Fonds peut investir, directement ou indirectement (à savoir par l’intermédiaire de certificats américains d’actions étrangères, de certificats européens d’actions étrangères et de certificats internationaux d’actions étrangères) sur les marchés concernés. Le Fonds peut également investir jusqu’à concurrence de 5 % de sa valeur liquidative en titres à coupon zéro, en titres payant leurs intérêts en nature et en Titres à
Coupon Progressif ainsi que, sans limitation, en Titres Indexés/Structurés. Les obligations payant leurs intérêts en nature sont des obligations qui peuvent payer leurs intérêts sous la forme d’obligations supplémentaires de même nature.
Le Fonds pourra investir jusqu’à concurrence de 5 % de sa valeur liquidative dans des titres d’autres Organismes de placement collectif admissibles. Un tel investissement englobe la possibilité d’investir dans d’autres Fonds. Cependant, le Fonds ne peut pas investir dans un autre Fonds détenant lui-même des Actions d’un autre Fonds. Lorsqu'il investit dans un autre Fonds, le Fonds ne peut pas prélever une commission annuelle de gestion de portefeuille et/ou de gestion administrative pour ce qui concerne la fraction de ses actifs qui sont investis dans l'autre Fonds.
Le Conseiller en Investissement par Délégation adopte généralement une approche ascendante envers la constitution de portefeuilles. En d’autres termes, ils veulent identifier les sociétés robustes dotées d’avantages concurrentiels durables qui améliorent leurs retours sur le capital. Le Fonds suit une stratégie d’investissement selon laquelle les sociétés sont jugées principalement en fonction de leurs caractéristiques qualitatives et quantitatives fondamentales. Communément appelé la sélection de titres ou l’investissement ascendant, les portefeuilles de fonds d’investissement axés sur les caractéristiques fondamentales sont constitués un titre à la fois, après des recherches internes intensives à l’égard de chaque société. Les domaines de recherche peuvent cibler la direction de la société, ses finances, ses avantages concurrentiels et ses faiblesses, ses perspectives de croissance de revenus et plusieurs autres paramètres. Cette approche se fonde sur la conviction que certaines sociétés ont des forces inhérentes en matière de création de valeur pour les actionnaires au fil du temps, ont de meilleures perspectives que leurs homologues et devraient donc surclasser l’industrie, même dans des industries ou des circonstances économiques difficiles. L’objectif d’une approche d’investissement fondamentale est d’identifier et d’investir dans de telles sociétés.
Le Fonds peut investir en instruments financiers dérivés à des fins de gestion efficace du portefeuille. Les investissements du Fonds en instruments dérivés seront soumis aux limites stipulées dans la politique d’investissement du Fonds ainsi qu’aux conditions et limites éventuellement stipulées par la Banque centrale. Dans certaines circonstances, le Fonds utilisera des instruments financiers dérivés comme levier. Le Fonds est autorisé à des fins d’investissement à investir jusqu’à 10 % de sa valeur liquidative dans des instruments financiers dérivés. Le montant maximal d’effet de levier (lorsqu’il est calculé en utilisant l’approche d’engagement) que le Fonds peut créer grâce à l’utilisation d’instruments financiers dérivés est de 100 % de la valeur liquidative du Fonds. Lorsque le risque de marché du Fonds est mesuré à l’aide de l’approche de la valeur à risque (« VaR »), l’effet de levier du Fonds est calculé à partir de la somme des montants notionnels des produits dérivés détenus par le Fonds. Toutefois, les Actionnaires doivent noter que, compte tenu de la nature des instruments dérivés et du fait que ces instruments peuvent être négociés à la marge, un relativement faible mouvement défavorable du cours du sous-jacent d’un instrument dérivé donné peut entraîner des mouvements immédiats et importants de l’exposition du Fonds à cet instrument dérivé. Si les limites d’exposition liées à un instrument dérivé devaient être supérieures pour des raisons échappant au contrôle du Fonds, celui-ci aura pour priorité de remédier à cette situation en tenant compte des intérêts de ses Actionnaires.

### UTILISATION DE MESURES DÉFENSIVES TEMPORAIRES
Dans certaines circonstances, à titre temporaire et exceptionnel, lorsque le Conseiller en Investissement et le Conseiller en Investissement par Délégation concerné estiment qu’il en va de l’intérêt des Actionnaires, le Fonds pourra effectuer quelques entorses à ses politiques d’investissement telles qu’elles figurent ci-dessus. Pour de plus amples informations, se référer à la section « Utilisation de mesures défensives temporaires » du Prospectus.

### PROFIL DE L’INVESTISSEUR TYPE

### Le Fonds s’adresse à une grande diversité d’investisseurs, qui recherchent l’accès à un portefeuille géré dans le respect d’un objectif et d’une politique d’investissement spécifiques.
L’investisseur potentiel doit choisir la Catégorie qui correspond le mieux à ses besoins. En sélectionnant une Catégorie, les investisseurs potentiels doivent prendre en considération les éléments suivants :
- le montant qu’ils prévoient d’investir ;
- la durée de détention prévue des Actions ;
- les frais payés au titre de chaque Catégorie ;
- l’admissibilité des Actionnaires au bénéfice d’une renonciation ou d’un abandon des droits d’entrée ;
- la devise de la catégorie d’actions.


### LIMITES D'INVESTISSEMENTS

### Chacun des investissements du Fonds sera limité aux investissements autorisés par le Règlement sur les OPCVM et d'autres limites applicables stipulées à l'Annexe 4 du Prospectus.

### UTILISATION D’INSTRUMENTS ET DE TECHNIQUES D’INVESTISSEMENT ET D’INSTRUMENTS FINANCIERS DÉRIVÉS
Sous réserve de la capacité du Fonds à investir jusqu'à 10 % de sa valeur liquidative dans des instruments financiers dérivés à des fins d'investissement, comme indiqué à la section « Objectif et Politiques d’investissement » ci-dessus, le Conseillers en Investissement par Délégation peut seulement employer des instruments et des techniques d’investissement tels que des contrats à terme normalisés, des options, des swaps et autres instruments financiers dérivés pour une gestion efficace du portefeuille (à savoir une réduction des risques, une réduction des coûts et la génération de capital ou de revenu supplémentaire pour le Fonds) et le Conseiller en Investissement par Délégation est tenu de se conformer aux conditions et restrictions stipulées périodiquement par la Banque centrale. De plus amples informations figurent aux sections

### « Utilisation d'instruments et de techniques d'investissement et d'instruments financiers dérivés » et « Types et description d'instruments financiers dérivés » du Prospectus.
La principale méthode de calcul de l’exposition globale pour le Fonds est l'approche d'engagement. Cependant, le modèle de la VaR ne sera utilisé que lorsque le volume d’instruments dérivés utilisé est plus élevé ou la mise en œuvre des stratégies de produits dérivés est plus complexe ou lorsque le profil de risque du Fonds a connu un certain changement.

### RÈGLEMENTATION DES OPÉRATIONS DE FINANCEMENT DE TITRES
Comme décrit plus particulièrement dans la section « Réglementation des opérations de financement de titres » du Prospectus, sous réserve des limites d’investissement indiquées en Annexe 4 du Prospectus, ainsi que des limites d’investissement définies à la section « Objectif et politiques d’investissement » du Supplément : (a) en ce qui concerne les investissements autorisés dans les swaps sur rendement total, le Fonds peut investir au maximum 10 % de sa Valeur liquidative ; et (b) le Fonds peut investir au maximum 100
% de sa Valeur liquidative dans des Opérations de financement sur titres. Sous réserve des limites susmentionnées, le Fonds devrait en général investir entre 0 et 20 % de sa Valeur liquidative dans des swaps sur rendement total et des Opérations de financement sur titres.

### FACTEURS DE RISQUE ET CONSIDÉRATIONS PARTICULIÈRES
L’attention des investisseurs est attirée sur les facteurs de risque et autres considérations particulières qui sont décrits dans le Prospectus à la section intitulée « Facteurs de risque et considérations particulières » et qui peuvent affecter le Fonds. Cette liste de facteurs de risque liés aux investissements dans le Fonds n’est pas exhaustive, et l’attention de l’investisseur est attirée sur la description des instruments financiers qui apparaît à la section « Objectifs et politiques d’investissement » ci-dessus.

### POLITIQUE DE DISTRIBUTION
Telles que décrites plus particulièrement dans le Prospectus à la section « Les Actions » et dans le Supplément à la section intitulée « Catégories d'Actions », les Catégories d’Actions de Distribution peuvent différer en termes de fréquence de distribution. Les Catégories d’Actions de Distribution peuvent effectuer des distributions de façon mensuelle, trimestrielle, semestrielle ou annuelle, tel que déterminé moment du lancement de la Catégorie d’Actions concernée. La fréquence de distribution des Catégories d’Actions est indiquée dans le tableau ci-dessous :
| Fréquence de distribution | Dates de déclaration de distribution |
| --- | --- |
| Catégories d’Actions de capitalisation |
| Sans objet | Sans objet |
| Catégories d’Actions de Distribution |
| Mensuelle | Mensuelle, en principe le 15 de chaque mois à moins que ce jour ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Trimestrielle | Trimestrielle, normalement le 15 janvier, le 15 avril, le 15 juillet et le 15 octobre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Semestrielle | Semestrielle, en principe le 15 avril et le 15 octobre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Annuelle | Annuelle, en principe le 15 avril à moins qu’il ne s’agisse pas d’un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède la date mentionnée. |


### HEURES LIMITES DE NÉGOCIATION ET HEURES DE RÈGLEMENT
Les ordres de souscription d’Actions reçus et acceptés par ou au nom de l’Agent de transfert ou la Société et/ou le Gestionnaire avant l’Heure Limite de Négociation au cours d’un Jour Ouvré repris dans les tableaux ci-dessous seront traités au prix de l’offre déterminé ce Jour Ouvré. Les ordres de souscription d’Actions reçus par ou au nom de l’Agent de transfert ou de la Société et/ou du Gestionnaire après l’Heure Limite de Négociation un Jour Ouvré seront traités au prix de l’offre déterminé le Jour Ouvré suivant. Si le paiement des ordres de souscription n’est pas reçu à l’Heure de Règlement correspondante, une souscription peut être annulée ou l’Actionnaire peut être amené à payer des intérêts sur les montants de souscription non soldés aux taux normaux en vigueur. Dans ce cas, l’Agent de Distribution ou l’Actionnaire peut être tenu responsable de toute perte subie par le Fonds.
Le traitement des ordres de rachat est assujetti à la réception et l’acceptation par ou au nom de l’Agent de transfert, la Société et/ou le Gestionnaire d’un ordre de rachat valable. Sous réserve des dispositions de la section « Limites de rachat » dans le Prospectus, les ordres de rachat reçus et acceptés par ou au nom de l’Agent de transfert ou par la Société ou par le Gestionnaire avant l’Heure Limite de Négociation un Jour Ouvré seront traités à la valeur liquidative par Action déterminée ce Jour Ouvré.
| Souscription | Heure	Limite	de Négociation | Heure	de Règlement |
| --- | --- | --- |
| Souscriptions (autres que les Actions de Catégorie Z) | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |
| Souscriptions effectuées directement auprès de l’Agent de Transfert par des Investisseurs Institutionnels Éligibles/Actions de Catégorie Z | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | 15h30,	heure	de Londres J |
| Rachat | Heure	Limite	de Négociation | Heure	de Règlement |
| Tous les Rachats | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |


### LE CONSEILLER EN INVESTISSEMENT PAR DÉLÉGATION
Le Gestionnaire a désigné JCIL en tant que conseiller en investissement de la Société. À la date du présent Supplément, JCIL a délégué à JCM la responsabilité de fournir des services discrétionnaires de conseil et de gestion de portefeuille, concernant tout ou partie des actifs du Fonds.

### CHARGES ET COMMISSIONS
Les charges et commissions auxquelles est soumis tout investissement dans un Fonds (comprenant les droits d’entrée, les droits de sortie conditionnels différés (CDSC), l’ajustement de la dilution, une commission de gestion et une commission de distribution) sont décrits en détail dans le Prospectus à la section « Charges et Commissions », dont un résume figure ci-dessous. Les Charges et Commissions sur les Catégories d’Actions de capital peuvent imputer certaines commissions et charges sur le capital plutôt que sur les revenus.
| Type de commission | Actions de Catégorie A | Actions de Catégorie B | Actions de Catégorie E | Actions de Catégorie G | Actions de Catégorie H | Actions de Catégorie I | Actions de Catégorie S | Actions de Catégorie V | Actions de Catégorie Z |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Droit d'entrée | Jusqu'à 5,00 % du montant souscrit | S/O | Jusqu'à 3,00 % du montant souscrit | S/O | S/O | Jusqu'à 2,00 % du montant souscrit | Jusqu'à 2,00 % du montant souscrit | S/O | S/O |
| CDSC Moins d'un an depuis l’achat - à 2 ans
- à 3 ans
- à 4 ans Plus de 4 ansdepuis l’achat
 | S/O | 4 % 3 % 2 % 1 % 0 % | S/O | S/O | S/O | S/O | S/O | 3 % 2 % 1 % 0 % - | S/O |
| Commissions de services aux Actionnaires | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 1,25 % de la valeur liquidative | S/O | S/O | S/O | S/O | Jusqu'à 0,75 % de la valeur liquidative | S/O |

| Type de commission | Actions de Catégorie A | Actions de Catégorie B | Actions de Catégorie E | Actions de Catégorie G | Actions de Catégorie H | Actions de Catégorie I | Actions de Catégorie S | Actions de Catégorie V | Actions de Catégorie Z |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Commission de distribution | S/O | Jusqu'à 1,00 % de la valeur liquidative | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Commission de gestion d’investissem ent | Jusqu'à 1,50 % de la valeur liquidative | Jusqu'à 1,50 % de la valeur liquidative | Jusqu'à 1,50 % de la valeur liquidative | Jusqu'à 0,80 % de la valeur liquidative | Jusqu'à 0,80 % de la valeur liquidative | Jusqu'à 1,50 % de la valeur liquidative | Jusqu'à 1,50 % de la valeur liquidative | Jusqu'à 1,50 % de la valeur liquidative | Voir Prospectus |
| Commission de performance | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Charges et Commissions | 2,75 % de la valeur liquidative | 3,75 % de la valeur liquidative | 3,25 % de la valeur liquidative | 1,05 % de la valeur liquidative | 1,05 % de la valeur liquidative | 1,75 % de la valeur liquidative | 1,05 % de la valeur liquidative | 2,75 % de la valeur liquidative | Voir Prospectus |


### AJUSTEMENT DE DILUTION
Un ajustement de dilution peut être appliqué à la Valeur liquidative par Action du Fonds au cours d’un jour de négociation (i) si les souscriptions ou rachats nets dépassent le seuil déterminé à l’avance relatif à la Valeur liquidative du Fonds (lorsqu’un tel seuil est ponctuellement déterminé à l’avance pour le Fonds par le Gestionnaire) ou (ii) dans tout autre cas impliquant des souscriptions ou des rachats nets dans le Fonds, si le Gestionnaire ou ses délégués estiment raisonnablement que l’imposition d’un ajustement de dilution s’inscrira dans l’intérêt des Actionnaires existants.

### CATÉGORIES D’ACTIONS
Comme décrit plus particulièrement dans la section « Les Actions » du Prospectus, la Société propose 11 Catégories d’Actions avec diverses politiques de distribution, fréquences de distribution, politiques de couverture et devises dans chaque Catégorie. Le nouveau nom de chaque Catégorie d’Actions offertes par la Société permet aux Actionnaires d’identifier la politique de distribution, la fréquence de distribution, la politique de couverture et la devise d’une Catégorie en fonction de sous-classifications. Le tableau ci-dessous apporte des précisions sur les Catégories d’Actions approuvées par la Banque Centrale, ainsi que sur les Catégories disponibles à l’achat à la date du présent Supplément.
Si, pour une catégorie d’actions donnée d’un fonds donné, aucune émission n’avait préalablement été faite ou s’il est procédé à une réémission, une souscription initiale sera alors possible : (i) à la/aux date(s) devant être déterminée(s) par le Gestionnaire et communiquée(s) à l’avance à la Banque centrale et (ii) le prix de l’offre initiale et le prix de réémission stipulés dans le Prospectus à la section intitulée « Offres initiales de catégories d’actions ». Dans le cas d’un Fonds au titre duquel une ou plusieurs Catégories d’Actions sont déjà émises, le prix de l’offre initiale par Action pour toute Catégorie d’Actions supplémentaire émise en rapport avec ledit Fonds pourra correspondre à la valeur liquidative par Action desdites autres Catégories d’Actions du Fonds concerné tel que fixé par le Gestionnaire et communiqué à l’avance à la Banque Centrale, ainsi qu’aux Actionnaires potentiels.
| CATÉGORIES D’ACTIONS approuvées par la Banque Centrale à la date du présent Supplément |
| --- |
| Catégories libellées en Dollars américains | Catégories libellées en Euros | Catégories libellées en Livres sterling | Catégories libellées en Dollars de Hong Kong | Catégories libellées en Dollars australiens | Catégories libellées en Francs suisses | Catégories libellées en Dollars canadiens | Catégories libellées en Renminbi (CNH) | Catégories libellées en Couronnes suédoises | Catégories libellées en Dollars néo- zélandais | Catégories libellées en Dollars de Singapour |
| A2 USD B2 USD E2 USD I2 USD S2 USD H2 USD G2 USD V2 USD Z2 USD I1 USD H1 USD A1 USD | A2 HEUR B2 HEUR E2 HEUR I2 EUR I2 HEUR S2 HEUR H2 EUR H2 HEUR G2 EUR G2 HEUR V2 HEUR Z2 EUR A1 HEUR H1 HEUR A2 EUR | I2 HGBP I2 GBP S2 HGBP H2 HGBP H2 GBP G2 HGBP G2 GBP Z2 GBP Z2 HGBP H1 GBP | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF H2 CHF G2 HCHF G2 CHF Z2 CHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 SGD A2 HSGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD |


### Supplément concernant le Fonds Janus Henderson Global Research Fund

### Le présent Supplément est établi en date du 26 février 2021.

### Le présent Supplément contient des informations spécifiques au fonds Janus Henderson Global Research Fund (le « Fonds »), un compartiment de Janus Henderson Capital Funds plc (la « Société

### »). La Société est un OPCVM établi sous la forme d’une société d’investissement à capital variable avec séparation des passifs entre les Fonds, constituée en Irlande et régie par la Banque centrale.
Ce Supplément fait partie intégrante du dernier Prospectus et doit être lu conjointement avec celui-ci. Le Prospectus peut être révisé ou complété de temps à autre. Les termes commençant par une majuscule utilisés dans le présent Supplément, qui n'ont pas été définis dans les présentes, ont la même signification que dans le Prospectus.

### RÉSUMÉ

### Les informations reprises sous ce titre constituent un résumé des principales caractéristiques du Fonds et doivent être lues conjointement avec le texte complet du Supplément.
| Catégories d’Actions | Des précisions sur les Catégories d'Actions sont présentées ci-dessous à la section intitulée « Catégories d’Actions ». |
| --- | --- |
| L’attention des investisseurs est attirée sur le fait qu’à la date du présent Supplément, seules certaines Catégories d’Actions du Fonds sont actuellement ouvertes à la souscription. En outre, toutes les Catégories d’Actions ne sont pas disponibles dans toutes les juridictions. Les investisseurs sont priés de se mettre en rapport avec l’Agent de Distribution pour obtenir la liste des Catégories d’Actions à leur disposition. |
| Fréquence des souscriptions, rachats et échanges | Sauf indication contraire des Administrateurs et/ou du Gestionnaire, les souscriptions, les rachats et les échanges d’Actions peuvent être effectués tout Jour Ouvré en suivant les procédures décrites dans les sections du Prospectus intitulées « Comment acheter des Actions », « Comment obtenir le rachat d’Actions » et « Comment échanger ou céder des Actions ». |
| Souscriptions minimales | Les souscriptions initiales et ultérieures minimales applicables à chaque Catégorie au sein du Fonds sont spécifiées dans la section du Prospectus intitulée « Comment acheter des Actions ». |
| Adaptation des Catégories | L’adaptation des Catégories et l’éligibilité des investisseurs pour des Catégories particulières sont décrites à la section intitulée « Les Actions » du Prospectus. |
| Devise de base | Dollar US |


### OBJECTIF ET POLITIQUES D’INVESTISSEMENT
L’objectif d’investissement de ce Fonds est la croissance à long terme du capital. Le Fonds poursuit son objectif en investissant au moins 80 % de sa valeur liquidative dans des actions (également appelées parts de société) choisies en raison de leur potentiel de croissance. Le Fonds peut investir dans des sociétés de toutes tailles, situées dans n’importe quel pays du monde, aussi bien des grandes sociétés bien établies que de petites sociétés émergentes en pleine croissance. Il est prévu que le Fonds soit largement diversifié dans une grande variété de secteurs d’activité. Le Fonds peut investir dans des sociétés situées dans n’importe quel pays du monde (y compris sur les Marchés en développement), mais le montant total du Fonds pouvant être investi dans des titres négociés sur les Marchés en développement est de 20 % de la valeur liquidative du Fonds et un maximum de 10 % de la valeur liquidative du Fonds peut être investi dans des titres négociés sur l’un quelconque des Marchés en développement. Le Fonds peut utiliser, à concurrence de 10 % de sa valeur liquidative, des techniques et instruments d’investissement tels que des contrats à terme normalisés,

### des options, des swaps et d’autres instruments financiers dérivés à des fins d’investissement, sous réserve des conditions et limites stipulées ponctuellement par la Banque Centrale.

### Objectif de performance : Surperformer l’indice MSCI World d’au moins 2 % par an, avant déduction des frais, sur toute période de 5 ans.
Le Fonds est géré activement en fonction de l’indice MSCI World, qui est largement représentatif des sociétés dans lesquelles il peut investir et sur la base duquel l’objectif de performance du Fonds est défini. Le Conseiller en Investissement par Délégation a le pouvoir discrétionnaire de choisir des investissements individuels pour le Fonds avec des pondérations différentes de l’indice ou n’y figurant pas, même si le Fonds peut parfois détenir des investissements similaires à l’indice. Il est prévu que le Fonds soit largement diversifié dans une grande variété de secteurs d’activité, alors que le Conseiller en Investissement par Délégation cherchera à positionner le portefeuille de manière neutre par rapport aux secteurs de l’indice de référence. Les détails de la performance du Fonds sont disponibles dans les rapports annuels et semestriels, les documents de commercialisation et dans le DICI. Rien ne garantit que la performance du Fonds sera égale ou supérieure à cet indice de référence.
Le Conseiller en Investissement par Délégation sélectionne des investissements qui représentent des idées d’investissement fondées sur une forte conviction, quels que soient les styles de gestion, capitalisations boursières, industries, secteurs et régions géographiques. Le Conseiller en Investissement par Délégation cherche à identifier les sociétés robustes dotées d’avantages concurrentiels durables qui améliorent leurs retours sur le capital. Les sociétés sont considérées principalement en fonction de leurs propres caractéristiques qualitatives et quantitatives fondamentales. Généralement qualifiés d’investissements suivant une approche ascendante ou de sélection des titres, les portefeuilles de fonds d’investissement axés sur les caractéristiques fondamentales sont constitués un titre à la fois, après une recherche interne à l’égard de chaque société. Les domaines d’intérêt peuvent cibler la direction de la société, ses finances, ses avantages concurrentiels et ses faiblesses, ses perspectives de croissance de revenus et plusieurs autres paramètres. Cette approche se fonde sur la conviction que certaines sociétés ont des forces inhérentes en matière de création de valeur pour les actionnaires au fil du temps, ont de meilleures perspectives que leurs homologues et devraient donc surclasser l’industrie, même dans des industries ou des circonstances économiques difficiles. L’objectif d’une approche d’investissement fondamentale est d’identifier et d’investir dans de telles sociétés.
Le Fonds peut investir jusqu’à concurrence de 10 % de sa valeur liquidative dans des titres adossés à prêts hypothécaires et à des actifs émis ou garantis par un gouvernement d’un pays membre de l’OCDE, ou ses organismes ou démembrements ou par des émetteurs privés, et dont la notation peut être inférieure aux notations de Premier Ordre telles qu’attribuées par les principales agences de notation.
Le Fonds peut investir la quasi-totalité de ses actifs en actions, dans la mesure où le Conseiller en investissement par délégation estime que les marchés concernés bénéficient d’une conjoncture favorable à un investissement rentable dans ces valeurs. Les titres sont généralement sélectionnés par le Conseiller en investissement par délégation sans considération du secteur d’activité ou d’autres critères de sélection semblables ; le Fonds n’a pas vocation à être spécialisé dans un secteur d’activité donné.

### L’obtention de revenus n'est pas un critère d’investissement important pour le Fonds.
Le pourcentage des actifs du Fonds investis en Actions variera et, selon les conditions de marché analysées par le Conseiller en Investissement par Délégation, le Fonds peut détenir, à titre accessoire dans son portefeuille, des liquidités ou des titres à court terme portant intérêt, tels que des Titres d’État ou des Titres de Créance. Le Fonds peut investir, dans une moindre mesure, dans d’autres types de valeurs, notamment des Actions de préférence, des Titres d’État, des Titres de Créance, des warrants et des titres convertibles en Actions, quand le Conseiller en Investissement par Délégation concerné perçoit une opportunité de croissance du capital sur ces titres. Le Fonds peut investir jusqu’à 30 % de sa valeur liquidative en Titres de Créance (y compris des obligations à haut rendement/risque) ou en Titres d'État ne bénéficiant pas d’une notation de Premier Ordre. Le Fonds peut investir, directement ou indirectement (à savoir par l’intermédiaire de certificats américains d’actions étrangères, de certificats européens d’actions étrangères et de certificats internationaux d’actions étrangères) sur les marchés concernés. Le Fonds peut également investir jusqu’à concurrence de 5 % de sa valeur liquidative en titres à coupon zéro, en titres payant leurs intérêts en nature et en Titres à Coupon Progressif ainsi que, sans limitation, en Titres Indexés/Structurés. Les obligations payant leurs intérêts

### en nature sont des obligations qui peuvent payer leurs intérêts sous la forme d’obligations supplémentaires de même nature.
Le Fonds pourra investir jusqu’à concurrence de 5 % de sa valeur liquidative dans des titres d’autres Organismes de placement collectif admissibles. Un tel investissement englobe la possibilité d’investir dans d’autres Fonds. Cependant, le Fonds ne peut pas investir dans un autre Fonds détenant lui-même des Actions d’un autre Fonds. Lorsqu'il investit dans un autre Fonds, le Fonds ne peut pas prélever une commission annuelle de gestion de portefeuille et/ou de gestion administrative pour ce qui concerne la fraction de ses actifs qui sont investis dans l'autre Fonds.
Le Conseiller en Investissement par Délégation adopte généralement une approche ascendante envers la constitution de portefeuilles. En d’autres termes, ils veulent identifier les sociétés robustes dotées d’avantages concurrentiels durables qui améliorent leurs retours sur le capital. Le Fonds suit une stratégie d’investissement selon laquelle les sociétés sont jugées principalement en fonction de leurs caractéristiques qualitatives et quantitatives fondamentales. Communément appelé la sélection de titres ou l’investissement ascendant, les portefeuilles de fonds d’investissement axés sur les caractéristiques fondamentales sont constitués un titre à la fois, après des recherches internes intensives à l’égard de chaque société. Les domaines de recherche peuvent cibler la direction de la société, ses finances, ses avantages concurrentiels et ses faiblesses, ses perspectives de croissance de revenus et plusieurs autres paramètres. Cette approche se fonde sur la conviction que certaines sociétés ont des forces inhérentes en matière de création de valeur pour les actionnaires au fil du temps, ont de meilleures perspectives que leurs homologues et devraient donc surclasser l’industrie, même dans des industries ou des circonstances économiques difficiles. L’objectif d’une approche d’investissement fondamentale est d’identifier et d’investir dans de telles sociétés.
Le Fonds peut investir en instruments financiers dérivés à des fins de gestion efficace du portefeuille. Les investissements du Fonds en instruments dérivés seront soumis aux limites stipulées dans la politique d’investissement du Fonds ainsi qu’aux conditions et limites éventuellement stipulées par la Banque centrale. Dans certaines circonstances, le Fonds utilisera des instruments financiers dérivés comme levier. Le Fonds est autorisé à des fins d’investissement à investir jusqu’à 10 % de sa valeur liquidative dans des instruments financiers dérivés. Le montant maximal d’effet de levier (lorsqu’il est calculé en utilisant l’approche d’engagement) que le Fonds peut créer grâce à l’utilisation d’instruments financiers dérivés est de 100 % de la valeur liquidative du Fonds. Lorsque le risque de marché du Fonds est mesuré à l’aide de l’approche de la valeur à risque (« VaR »), l’effet de levier du Fonds est calculé à partir de la somme des montants notionnels des produits dérivés détenus par le Fonds ; les détails relatifs à l’effet de levier sont présentés dans les présentes dans les politiques d’investissement du Fonds. Toutefois, les Actionnaires doivent noter que, compte tenu de la nature des instruments dérivés et du fait que ces instruments peuvent être négociés à la marge, un relativement faible mouvement défavorable du cours du sous-jacent d’un instrument dérivé donné peut entraîner des mouvements immédiats et importants de l’exposition du Fonds à cet instrument dérivé. Si les limites d’exposition liées à un instrument dérivé devaient être supérieures pour des raisons échappant au contrôle du Fonds, celui-ci aura pour priorité de remédier à cette situation en tenant compte des intérêts de ses Actionnaires.

### RÈGLEMENT EUROPÉEN SUR LES INDICES DE RÉFÉRENCE
À la date de publication du Supplément, MSCI LImited (en qualité d'administrateur de l'indice MSCI World) figure dans le registre tenu par l’AEMF en vertu du Règlement concernant les indices utilisés comme indices de référence.

### UTILISATION DE MESURES DÉFENSIVES TEMPORAIRES
Dans certaines circonstances, à titre temporaire et exceptionnel, lorsque le Conseiller en Investissement et le Conseiller en Investissement par Délégation concerné estiment qu’il en va de l’intérêt des Actionnaires, le Fonds pourra effectuer quelques entorses à ses politiques d’investissement telles qu’elles figurent ci-dessus. Pour de plus amples informations, se référer à la section « Utilisation de mesures défensives temporaires » du Prospectus.

### PROFIL DE L’INVESTISSEUR TYPE

### Le Fonds s’adresse à une grande diversité d’investisseurs, qui recherchent l’accès à un portefeuille géré dans le respect d’un objectif et d’une politique d’investissement spécifiques.
L’investisseur potentiel doit choisir la Catégorie qui correspond le mieux à ses besoins. En sélectionnant une Catégorie, les investisseurs potentiels doivent prendre en considération les éléments suivants :
- le montant qu’ils prévoient d’investir ;
- la durée de détention prévue des Actions ;
- les frais payés au titre de chaque Catégorie ;
- l’admissibilité des Actionnaires au bénéfice d’une renonciation ou d’un abandon des droits d’entrée ;
- la devise de la catégorie d’actions.


### LIMITES D'INVESTISSEMENTS

### Chacun des investissements du Fonds sera limité aux investissements autorisés par le Règlement sur les OPCVM et d'autres limites applicables stipulées à l'Annexe 4 du Prospectus.

### UTILISATION D’INSTRUMENTS ET DE TECHNIQUES D’INVESTISSEMENT ET D’INSTRUMENTS FINANCIERS DÉRIVÉS
Sous réserve de la capacité du Fonds à investir jusqu'à 10 % de sa valeur liquidative dans des instruments financiers dérivés à des fins d'investissement, comme indiqué à la section « Objectif et Politiques d’investissement » ci-dessus, le Conseillers en Investissement par Délégation peut seulement employer des instruments et des techniques d’investissement tels que des contrats à terme normalisés, des options, des swaps et autres instruments financiers dérivés pour une gestion efficace du portefeuille (à savoir une réduction des risques, une réduction des coûts et la génération de capital ou de revenu supplémentaire pour le Fonds) et le Conseiller en Investissement par Délégation est tenu de se conformer aux conditions et restrictions stipulées périodiquement par la Banque centrale. De plus amples informations figurent aux sections

### « Utilisation d'instruments et de techniques d'investissement et d'instruments financiers dérivés » et « Types et description d'instruments financiers dérivés » du Prospectus.
La principale méthode de calcul de l’exposition globale pour le Fonds est l'approche d'engagement. Cependant, le modèle de la VaR ne sera utilisé que lorsque le volume d’instruments dérivés utilisé est plus élevé ou la mise en œuvre des stratégies de produits dérivés est plus complexe ou lorsque le profil de risque du Fonds a connu un certain changement.

### RÈGLEMENTATION DES OPÉRATIONS DE FINANCEMENT DE TITRES
Comme décrit plus particulièrement dans la section « Réglementation des opérations de financement de titres » du Prospectus, sous réserve des limites d’investissement indiquées en Annexe 4 du Prospectus, ainsi que des limites d’investissement définies à la section « Objectif et politiques d’investissement » du Supplément : (a) en ce qui concerne les investissements autorisés dans les swaps sur rendement total, le Fonds peut investir au maximum 10 % de sa Valeur liquidative ; et (b) le Fonds peut investir au maximum 100
% de sa Valeur liquidative dans des Opérations de financement sur titres. Sous réserve des limites susmentionnées, le Fonds devrait en général investir entre 0 et 20 % de sa Valeur liquidative dans des swaps sur rendement total et des Opérations de financement sur titres.

### FACTEURS DE RISQUE ET CONSIDÉRATIONS PARTICULIÈRES
L’attention des investisseurs est attirée sur les facteurs de risque et autres considérations particulières qui sont décrits dans le Prospectus à la section intitulée « Facteurs de risque et considérations particulières » et qui peuvent affecter le Fonds. Cette liste de facteurs de risque liés aux investissements dans le Fonds n’est pas exhaustive, et l’attention de l’investisseur est attirée sur la description des instruments financiers qui apparaît à la section « Objectifs et politiques d’investissement » ci-dessus.

### POLITIQUE DE DISTRIBUTION
Telles que décrites plus particulièrement dans le Prospectus à la section « Les Actions » et dans le Supplément à la section intitulée « Catégories d'Actions », les Catégories d’Actions de Distribution peuvent différer en termes de fréquence de distribution. Les Catégories d’Actions de Distribution peuvent effectuer des distributions de façon mensuelle, trimestrielle, semestrielle ou annuelle, tel que déterminé moment du lancement de la Catégorie d’Actions concernée. La fréquence de distribution des Catégories d’Actions est indiquée dans le tableau ci-dessous :
| Fréquence de distribution | Dates de déclaration de distribution |
| --- | --- |
| Catégories d’Actions de capitalisation |
| Sans objet | Sans objet |
| Catégories d’Actions de Distribution |
| Mensuelle | Mensuelle, en principe le 15 de chaque mois à moins que ce jour ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Trimestrielle | Trimestrielle, normalement le 15 janvier, le 15 avril, le 15 juillet et le 15 octobre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Semestrielle | Semestrielle, en principe le 15 avril et le 15 octobre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Annuelle | Annuelle, en principe le 15 octobre à moins qu’il ne s’agisse pas d’un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède la date mentionnée. |


### HEURES LIMITES DE NÉGOCIATION ET HEURES DE RÈGLEMENT
Les ordres de souscription d’Actions reçus et acceptés par ou au nom de l’Agent de transfert ou la Société et/ou le Gestionnaire avant l’Heure Limite de Négociation au cours d’un Jour Ouvré repris dans les tableaux ci-dessous seront traités au prix de l’offre déterminé ce Jour Ouvré. Les ordres de souscription d’Actions reçus par ou au nom de l’Agent de transfert ou de la Société et/ou du Gestionnaire après l’Heure Limite de Négociation un Jour Ouvré seront traités au prix de l’offre déterminé le Jour Ouvré suivant. Si le paiement des ordres de souscription n’est pas reçu à l’Heure de Règlement correspondante, une souscription peut être annulée ou l’Actionnaire peut être amené à payer des intérêts sur les montants de souscription non soldés aux taux normaux en vigueur. Dans ce cas, l’Agent de Distribution ou l’Actionnaire peut être tenu responsable de toute perte subie par le Fonds.
Le traitement des ordres de rachat est assujetti à la réception et l’acceptation par ou au nom de l’Agent de transfert, la Société et/ou le Gestionnaire d’un ordre de rachat valable. Sous réserve des dispositions de la section « Limites de rachat » dans le Prospectus, les ordres de rachat reçus et acceptés par ou au nom de l’Agent de transfert ou par la Société ou par le Gestionnaire avant l’Heure Limite de Négociation un Jour Ouvré seront traités à la valeur liquidative par Action déterminée ce Jour Ouvré.
| Souscription | Heure Limite de Négociation | Heure de Règlement |
| --- | --- | --- |
| Souscriptions (autres que les Actions de Catégorie Z) | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |
| Souscriptions effectuées directement auprès de l’Agent de Transfert par des Investisseurs Institutionnels Éligibles/Actions de Catégorie Z | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | 15h30, heure de Londres J |
| Rachat | Heure Limite de Négociation | Heure de Règlement |
| Tous les Rachats | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |


### LE CONSEILLER EN INVESTISSEMENT PAR DÉLÉGATION
Le Gestionnaire a désigné JCIL en tant que conseiller en investissement de la Société. À la date du présent Supplément, JCIL a délégué à JCM la responsabilité de fournir des services discrétionnaires de conseil et de gestion de portefeuille, concernant tout ou partie des actifs du Fonds.

### CHARGES ET COMMISSIONS
Les charges et commissions auxquelles est soumis tout investissement dans un Fonds (comprenant les droits d’entrée, les droits de sortie conditionnels différés (CDSC), l’ajustement de la dilution, une commission de gestion et une commission de distribution) sont décrits en détail dans le Prospectus à la section « Charges et Commissions », dont un résume figure ci-dessous. Les Charges et Commissions sur les Catégories d’Actions de capital peuvent imputer certaines commissions et charges sur le capital plutôt que sur les revenus.
| Type de commission | Actions de Catégorie A | Actions de Catégorie B | Actions de Catégorie E | Actions de Catégorie G | Actions de Catégorie H | Actions de Catégorie I | Actions de Catégorie S | Actions de Catégorie V | Actions de Catégorie Z |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Droit d'entrée | Jusqu'à 5,00 % du montant souscrit | S/O | Jusqu'à 3,00 % du montant souscrit | S/O | S/O | Jusqu'à 2,00 % du montant souscrit | Jusqu'à 2,00 % du montant souscrit | S/O | S/O |
| CDSC Moins d'un an depuis l’achat - à 2 ans
- à 3 ans
- à 4 ans Plus de 4 ansdepuis l’achat
 | S/O | 4 % 3 % 2 % 1 % 0 % | S/O | S/O | S/O | S/O | S/O | 3 % 2 % 1 % 0 % - | S/O |
| Commissions de services aux Actionnaires | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 1,25 % de la valeur liquidative | S/O | S/O | S/O | S/O | Jusqu'à 0,75 % de la valeur liquidative | S/O |
| Commission de distribution | S/O | Jusqu'à 1,00 % de | S/O | S/O | S/O | S/O | S/O | S/O | S/O |

| Type de commission | Actions de Catégorie A | Actions de Catégorie B | Actions de Catégorie E | Actions de Catégorie G | Actions de Catégorie H | Actions de Catégorie I | Actions de Catégorie S | Actions de Catégorie V | Actions de Catégorie Z |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  | la valeur liquidative |  |  |  |  |  |  |  |
| Commission de gestion d’investissem ent | Jusqu'à 1,25 % de la valeur liquidative | Jusqu'à 1,25 % de la valeur liquidative | Jusqu'à 1,25 % de la valeur liquidative | Jusqu'à 0,80 % de la valeur liquidative | Jusqu'à 0,80 % de la valeur liquidative | Jusqu'à 1,00 % de la valeur liquidative | Jusqu'à 1,00 % de la valeur liquidative | Jusqu'à 1,25 % de la valeur liquidative | Voir Prospectus |
| Commission de performance | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Charges et Commissions | 2,50 % de la valeur liquidative | S/O | 3,00 % de la valeur liquidative | 1,05 % de la valeur liquidative | 1,05 % de la valeur liquidative | 1,25 % de la valeur liquidative | 1,05 % de la valeur liquidative | 2,75 % de la valeur liquidative | Voir Prospectus |


### AJUSTEMENT DE DILUTION
Un ajustement de dilution peut être appliqué à la Valeur liquidative par Action du Fonds au cours d’un jour de négociation (i) si les souscriptions ou rachats nets dépassent le seuil déterminé à l’avance relatif à la Valeur liquidative du Fonds (lorsqu’un tel seuil est ponctuellement déterminé à l’avance pour le Fonds par le Gestionnaire) ou (ii) dans tout autre cas impliquant des souscriptions ou des rachats nets dans le Fonds, si le Gestionnaire ou ses délégués estiment raisonnablement que l’imposition d’un ajustement de dilution s’inscrira dans l’intérêt des Actionnaires existants.

### CATÉGORIES D’ACTIONS
Comme décrit plus particulièrement dans la section « Les Actions » du Prospectus, la Société propose 11 Catégories d’Actions avec diverses politiques de distribution, fréquences de distribution, politiques de couverture et devises dans chaque Catégorie. Le nouveau nom de chaque Catégorie d’Actions offertes par la Société permet aux Actionnaires d’identifier la politique de distribution, la fréquence de distribution, la politique de couverture et la devise d’une Catégorie en fonction de sous-classifications. Le tableau ci-dessous apporte des précisions sur les Catégories d’Actions approuvées par la Banque Centrale, ainsi que sur les Catégories disponibles à l’achat à la date du présent Supplément.
Si, pour une catégorie d’actions donnée d’un fonds donné, aucune émission n’avait préalablement été faite ou s’il est procédé à une réémission, une souscription initiale sera alors possible : (i) à la/aux date(s) devant être déterminée(s) par le Gestionnaire et communiquée(s) à l’avance à la Banque centrale et (ii) le prix de l’offre initiale et le prix de réémission stipulés dans le Prospectus à la section intitulée « Offres initiales de catégories d’actions ». Dans le cas d’un Fonds au titre duquel une ou plusieurs Catégories d’Actions sont déjà émises, le prix de l’offre initiale par Action pour toute Catégorie d’Actions supplémentaire émise en rapport avec ledit Fonds pourra correspondre à la valeur liquidative par Action desdites autres Catégories d’Actions du Fonds concerné tel que fixé par le Gestionnaire et communiqué à l’avance à la Banque Centrale, ainsi qu’aux Actionnaires potentiels.
| CATÉGORIES D’ACTIONS approuvées par la Banque Centrale à la date du présent Supplément |
| --- |
| Catégories libellées en Dollars américains | Catégories libellées en Euros | Catégories libellées en Livres sterling | Catégories libellées en Dollars de Hong Kong | Catégories libellées en Dollars australiens | Catégories libellées en Francs suisses | Catégories libellées en Dollars canadiens | Catégories libellées en Renminbi (CNH) | Catégories libellées en Couronnes suédoises | Catégories libellées en Dollars néo- zélandais | Catégories libellées en Dollars de Singapour |
| A2 USD E2 USD I2 USD S2 USD H2 USD G2 USD V2 USD Z2 USD I1 USD H1 USD A1 USD | A2 HEUR B2 HEUR E2 HEUR I2 HEUR I2 HEUR G2 HEUR S2 HEUR V2 HEUR Z2 EUR A1 HEUR H1 HEUR | I2 HGBP I2 GBP S2 HGBP H2 HGBP H2 GBP G2 HGBP G2 GBP Z2 GBP Z2 HGBP | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF Z2 CHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD |


### Supplément concernant le Fonds

### Janus Henderson Global Technology and Innovation Fund

### Le présent Supplément est établi en date du 26 février 2021.
Le présent Supplément contient des informations spécifiques au fonds Janus Henderson Global Technology and Innovation Fund (le « Fonds »), un compartiment de Janus Henderson Capital Funds plc (la « Société »). La Société est un OPCVM établi sous la forme d’une société d’investissement à capital variable avec séparation des passifs entre les Fonds, constituée en Irlande et régie par la Banque centrale.
Ce Supplément fait partie intégrante du dernier Prospectus et doit être lu conjointement avec celui-ci. Le Prospectus peut être révisé ou complété de temps à autre. Les termes commençant par une majuscule utilisés dans le présent Supplément, qui n'ont pas été définis dans les présentes, ont la même signification que dans le Prospectus.

### RÉSUMÉ

### Les informations reprises sous ce titre constituent un résumé des principales caractéristiques du Fonds et doivent être lues conjointement avec le texte complet du Supplément.
| Catégories d’Actions | Des précisions sur les Catégories d'Actions sont présentées ci-dessous à la section intitulée « Catégories d’Actions ». |
| --- | --- |
| L’attention des investisseurs est attirée sur le fait qu’à la date du présent Supplément, seules certaines Catégories d’Actions du Fonds sont actuellement ouvertes à la souscription. En outre, toutes les Catégories d’Actions ne sont pas disponibles dans toutes les juridictions. Les investisseurs sont priés de se mettre en rapport avec l’Agent de Distribution pour obtenir la liste des Catégories d’Actions à leur disposition. |
| Fréquence des souscriptions, rachats et échanges | Sauf indication contraire des Administrateurs et/ou du Gestionnaire, les souscriptions, les rachats et les échanges d’Actions peuvent être effectués tout Jour Ouvré en suivant les procédures décrites dans les sections du Prospectus intitulées « Comment acheter des Actions », « Comment obtenir le rachat d’Actions » et « Comment échanger ou céder des Actions ». |
| Souscriptions minimales | Les souscriptions initiales et ultérieures minimales applicables à chaque Catégorie au sein du Fonds sont spécifiées dans la section du Prospectus intitulée « Comment acheter des Actions ». |
| Adaptation des Catégories | L’adaptation des Catégories et l’éligibilité des investisseurs pour des Catégories particulières sont décrites à la section intitulée « Les Actions » du Prospectus. |
| Devise de base | Dollar US |


### OBJECTIF ET POLITIQUES D’INVESTISSEMENT
L’objectif d’investissement de ce Fonds est la croissance à long terme du capital. Le Fonds poursuit cet objectif en investissant au moins 80 % de sa valeur liquidative en actions (également appelées parts de société) de sociétés établies dans le monde entier et choisies en raison de leur potentiel de croissance. Le Fonds investira dans des sociétés qui tireront, de l’avis du Conseiller en investissement par délégation concerné, largement parti des avancées ou améliorations technologiques. Il s’agit généralement de : (i) sociétés qui, de l’avis du Conseiller en investissement par délégation concerné, possèdent ou développeront des processus ou services constituant des innovations ou progrès technologiques majeurs, ou (ii) sociétés qui, de l’avis du Conseiller en investissement par délégation concerné, dépendent fortement de la technologie pour leur exploitation ou pour leurs services telles que, sans que cette énumération ne soit limitative, des sociétés proposant des produits et services médicaux, des équipements et services d’énergies alternatives, ou des produits industriels complexes. Le Conseiller en Investissement par Délégation peut investir dans des sociétés de toutes tailles,
aussi bien des grandes sociétés bien établies que des petites sociétés émergentes en pleine croissance. Le Fonds peut investir dans des sociétés situées dans n’importe quel pays du monde (y compris sur les Marchés en développement), mais le montant total du Fonds pouvant être investi dans des titres négociés sur les Marchés en développement est de 20 % de la valeur liquidative du Fonds et un maximum de 10 % de la valeur liquidative du Fonds peut être investi dans des titres négociés sur l’un quelconque des Marchés en développement. Le Fonds peut utiliser, à concurrence de 10 % de sa valeur liquidative, des techniques et instruments d’investissement tels que des contrats à terme normalisés, des options, des swaps et d’autres instruments financiers dérivés à des fins d’investissement, sous réserve des conditions et limites stipulées ponctuellement par la Banque Centrale.

### Objectif de performance : Surperformer l’indice MSCI All Country World Index Technology d’au moins 2 % par an, avant déduction des frais, sur toute période de 5 ans.
Le Fonds est géré activement en fonction de l’indice MSCI All Country World Index Technology, qui est largement représentatif des sociétés dans lesquelles il peut investir et sur la base duquel l’objectif de performance du Fonds est défini. Le Conseiller en Investissement par Délégation a le pouvoir discrétionnaire de choisir des investissements individuels pour le Fonds avec des pondérations différentes de l’indice ou n’y figurant pas, même si le Fonds peut parfois détenir des investissements similaires à l’indice. Les détails de la performance du Fonds sont disponibles dans les rapports annuels et semestriels, les documents de commercialisation et dans le DICI. Rien ne garantit que la performance du Fonds sera égale ou supérieure à cet indice de référence.
Le Conseiller en Investissement par Délégation cherche à identifier les sociétés robustes dotées d’avantages concurrentiels durables qui améliorent leurs retours sur le capital. Les sociétés sont considérées principalement en fonction de leurs propres caractéristiques qualitatives et quantitatives fondamentales. Généralement qualifiés d’investissements suivant une approche ascendante ou de sélection des titres, les portefeuilles de fonds d’investissement axés sur les caractéristiques fondamentales sont constitués un titre à la fois, après une recherche interne à l’égard de chaque société. Les domaines d’intérêt peuvent cibler la direction de la société, ses finances, ses avantages concurrentiels et ses faiblesses, ses perspectives de croissance de revenus et plusieurs autres paramètres. Cette approche se fonde sur la conviction que certaines sociétés ont des forces inhérentes en matière de création de valeur pour les actionnaires au fil du temps, ont de meilleures perspectives que leurs homologues et devraient donc surclasser l’industrie, même dans des industries ou des circonstances économiques difficiles. L’objectif d’une approche d’investissement fondamentale est d’identifier et d’investir dans de telles sociétés.
Le Fonds peut investir jusqu’à concurrence de 10 % de sa valeur liquidative dans des titres adossés à prêts hypothécaires et à des actifs émis ou garantis par un gouvernement d’un pays membre de l’OCDE, ou ses organismes ou démembrements ou par des émetteurs privés, et dont la notation peut être inférieure aux notations de Premier Ordre telles qu’attribuées par les principales agences de notation.
Le Fonds peut investir la quasi-totalité de ses actifs en actions, dans la mesure où le Conseiller en investissement par délégation estime que les marchés concernés bénéficient d’une conjoncture favorable à un investissement rentable dans ces valeurs.

### L’obtention de revenus n'est pas un critère d’investissement important pour le Fonds.
Le pourcentage des actifs du Fonds investis en Actions variera et, selon les conditions de marché analysées par le Conseiller en Investissement par Délégation, le Fonds peut détenir, à titre accessoire dans son portefeuille, des liquidités ou des titres à court terme portant intérêt, tels que des Titres d’État ou des Titres de Créance. Le Fonds peut investir, dans une moindre mesure, dans d’autres types de valeurs, notamment des Actions de préférence, des Titres d’État, des Titres de Créance, des warrants et des titres convertibles en Actions, quand le Conseiller en Investissement par Délégation concerné perçoit une opportunité de croissance du capital sur ces titres. Le Fonds peut investir jusqu’à 15 % de sa valeur liquidative en Titres de Créance (y compris des obligations à haut rendement/risque) ou en Titres d'État ne bénéficiant pas d’une notation de Premier Ordre. Le Fonds peut investir, directement ou indirectement (à savoir par l’intermédiaire de certificats américains d’actions étrangères, de certificats européens d’actions étrangères et de certificats internationaux d’actions étrangères) sur les marchés concernés. Le Fonds peut également investir jusqu’à concurrence de 5 % de sa valeur liquidative en titres à coupon zéro, en titres payant leurs intérêts en nature et en Titres à Coupon Progressif ainsi que, sans limitation, en Titres Indexés/Structurés. Les obligations payant leurs intérêts

### en nature sont des obligations qui peuvent payer leurs intérêts sous la forme d’obligations supplémentaires de même nature.
Le Fonds pourra investir jusqu’à concurrence de 5 % de sa valeur liquidative dans des titres d’autres Organismes de placement collectif admissibles. Un tel investissement englobe la possibilité d’investir dans d’autres Fonds. Cependant, le Fonds ne peut pas investir dans un autre Fonds détenant lui-même des Actions d’un autre Fonds. Lorsqu'il investit dans un autre Fonds, le Fonds ne peut pas prélever une commission annuelle de gestion de portefeuille et/ou de gestion administrative pour ce qui concerne la fraction de ses actifs qui sont investis dans l'autre Fonds.
Le Conseiller en Investissement par Délégation adopte généralement une approche ascendante envers la constitution de portefeuilles. En d’autres termes, ils veulent identifier les sociétés robustes dotées d’avantages concurrentiels durables qui améliorent leurs retours sur le capital. Le Fonds suit une stratégie d’investissement selon laquelle les sociétés sont jugées principalement en fonction de leurs caractéristiques qualitatives et quantitatives fondamentales. Communément appelé la sélection de titres ou l’investissement ascendant, les portefeuilles de fonds d’investissement axés sur les caractéristiques fondamentales sont constitués un titre à la fois, après des recherches internes intensives à l’égard de chaque société. Les domaines de recherche peuvent cibler la direction de la société, ses finances, ses avantages concurrentiels et ses faiblesses, ses perspectives de croissance de revenus et plusieurs autres paramètres. Cette approche se fonde sur la conviction que certaines sociétés ont des forces inhérentes en matière de création de valeur pour les actionnaires au fil du temps, ont de meilleures perspectives que leurs homologues et devraient donc surclasser l’industrie, même dans des industries ou des circonstances économiques difficiles. L’objectif d’une approche d’investissement fondamentale est d’identifier et d’investir dans de telles sociétés.
Le Fonds peut investir en instruments financiers dérivés à des fins de gestion efficace du portefeuille. Les investissements du Fonds en instruments dérivés seront soumis aux limites stipulées dans la politique d’investissement du Fonds ainsi qu’aux conditions et limites éventuellement stipulées par la Banque centrale. Dans certaines circonstances, le Fonds utilisera des instruments financiers dérivés comme levier. Le Fonds est autorisé à des fins d’investissement à investir jusqu’à 10 % de sa valeur liquidative dans des instruments financiers dérivés. Le montant maximal d’effet de levier (lorsqu’il est calculé en utilisant l’approche d’engagement) que le Fonds peut créer grâce à l’utilisation d’instruments financiers dérivés est de 100 % de la valeur liquidative du Fonds. Lorsque le risque de marché du Fonds est mesuré à l’aide de l’approche de la valeur à risque (« VaR »), l’effet de levier du Fonds est calculé à partir de la somme des montants notionnels des produits dérivés détenus par le Fonds ; les détails relatifs à l’effet de levier sont présentés dans les présentes dans les politiques d’investissement du Fonds. Toutefois, les Actionnaires doivent noter que, compte tenu de la nature des instruments dérivés et du fait que ces instruments peuvent être négociés à la marge, un relativement faible mouvement défavorable du cours du sous-jacent d’un instrument dérivé donné peut entraîner des mouvements immédiats et importants de l’exposition du Fonds à cet instrument dérivé. Si les limites d’exposition liées à un instrument dérivé devaient être supérieures pour des raisons échappant au contrôle du Fonds, celui-ci aura pour priorité de remédier à cette situation en tenant compte des intérêts de ses Actionnaires.

### UTILISATION DE MESURES DÉFENSIVES TEMPORAIRES
Dans certaines circonstances, à titre temporaire et exceptionnel, lorsque le Conseiller en Investissement ou le Conseiller en Investissement par Délégation concerné estime qu’il en va de l’intérêt des Actionnaires, le Fonds pourra effectuer quelques entorses à ses politiques d’investissement telles qu’elles figurent ci-dessus. Pour de plus amples informations, se référer à la section « Utilisation de mesures défensives temporaires » du Prospectus.

### PROFIL DE L’INVESTISSEUR TYPE

### Le Fonds s’adresse à une grande diversité d’investisseurs, qui recherchent l’accès à un portefeuille géré dans le respect d’un objectif et d’une politique d’investissement spécifiques.
L’investisseur potentiel doit choisir la Catégorie qui correspond le mieux à ses besoins. En sélectionnant une Catégorie, les investisseurs potentiels doivent prendre en considération les éléments suivants :
- le montant qu’ils prévoient d’investir ;
- la durée de détention prévue des Actions ;
- les frais payés au titre de chaque Catégorie ;
- l’admissibilité des Actionnaires au bénéfice d’une renonciation ou d’un abandon des droits d’entrée ;
- la devise de la catégorie d’actions.


### LIMITES D'INVESTISSEMENTS

### Chacun des investissements du Fonds sera limité aux investissements autorisés par le Règlement sur les OPCVM et d'autres limites applicables stipulées à l'Annexe 4 du Prospectus.

### UTILISATION D’INSTRUMENTS ET DE TECHNIQUES D’INVESTISSEMENT ET D’INSTRUMENTS FINANCIERS DÉRIVÉS
Sous réserve de la capacité du Fonds à investir jusqu'à 10 % de sa valeur liquidative dans des instruments financiers dérivés à des fins d'investissement, comme indiqué à la section « Objectif et Politiques d’investissement » ci-dessus, le Conseillers en Investissement par Délégation peut seulement employer des instruments et des techniques d’investissement tels que des contrats à terme normalisés, des options, des swaps et autres instruments financiers dérivés pour une gestion efficace du portefeuille (à savoir une réduction des risques, une réduction des coûts et la génération de capital ou de revenu supplémentaire pour le Fonds) et le Conseiller en Investissement par Délégation est tenu de se conformer aux conditions et restrictions stipulées périodiquement par la Banque centrale. De plus amples informations figurent aux sections

### « Utilisation d'instruments et de techniques d'investissement et d'instruments financiers dérivés » et « Types et description d'instruments financiers dérivés » du Prospectus.
La principale méthode de calcul de l’exposition globale pour le Fonds est l'approche d'engagement. Cependant, le modèle de la VaR ne sera utilisé que lorsque le volume d’instruments dérivés utilisé est plus élevé ou la mise en œuvre des stratégies de produits dérivés est plus complexe ou lorsque le profil de risque du Fonds a connu un certain changement.

### RÈGLEMENTATION DES OPÉRATIONS DE FINANCEMENT DE TITRES
Comme décrit plus particulièrement dans la section « Réglementation des opérations de financement de titres » du Prospectus, sous réserve des limites d’investissement indiquées en Annexe 4 du Prospectus, ainsi que des limites d’investissement définies à la section « Objectif et politiques d’investissement » du Supplément : (a) en ce qui concerne les investissements autorisés dans les swaps sur rendement total, le Fonds peut investir au maximum 10 % de sa Valeur liquidative ; et (b) le Fonds peut investir au maximum 100
% de sa Valeur liquidative dans des Opérations de financement sur titres. Sous réserve des limites susmentionnées, le Fonds devrait en général investir entre 0 et 20 % de sa Valeur liquidative dans des swaps sur rendement total et des Opérations de financement sur titres.

### FACTEURS DE RISQUE ET CONSIDÉRATIONS PARTICULIÈRES
L’attention des investisseurs est attirée sur les facteurs de risque et autres considérations particulières qui sont décrits dans le Prospectus à la section intitulée « Facteurs de risque et considérations particulières » et qui peuvent affecter le Fonds. Cette liste de facteurs de risque liés aux investissements dans le Fonds n’est pas exhaustive, et l’attention de l’investisseur est attirée sur la description des instruments financiers qui apparaît à la section « Objectifs et politiques d’investissement » ci-dessus.

### POLITIQUE DE DISTRIBUTION
Telles que décrites plus particulièrement dans le Prospectus à la section « Les Actions » et dans le Supplément à la section intitulée « Catégories d'Actions », les Catégories d’Actions de Distribution peuvent différer en termes de fréquence de distribution. Les Catégories d’Actions de Distribution peuvent effectuer des distributions de façon mensuelle, trimestrielle, semestrielle ou annuelle, tel que déterminé moment du lancement de la Catégorie d’Actions concernée. La fréquence de distribution des Catégories d’Actions est indiquée dans le tableau ci-dessous :
| Fréquence de distribution | Dates de déclaration de distribution |
| --- | --- |
| Catégories d’Actions de capitalisation |
| Sans objet | Sans objet |
| Catégories d’Actions de Distribution |
| Mensuelle | Mensuelle, en principe le 15 de chaque mois à moins que ce jour ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Trimestrielle | Trimestrielle, normalement le 15 janvier, le 15 avril, le 15 juillet et le 15 octobre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Semestrielle | Semestrielle, en principe le 15 avril et le 15 octobre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Annuelle | Annuelle, en principe le 15 octobre à moins qu’il ne s’agisse pas d’un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède la date mentionnée. |


### HEURES LIMITES DE NÉGOCIATION ET HEURES DE RÈGLEMENT
Les ordres de souscription d’Actions reçus et acceptés par ou au nom de l’Agent de transfert ou la Société et/ou le Gestionnaire avant l’Heure Limite de Négociation au cours d’un Jour Ouvré repris dans les tableaux ci-dessous seront traités au prix de l’offre déterminé ce Jour Ouvré. Les ordres de souscription d’Actions reçus par ou au nom de l’Agent de transfert ou de la Société et/ou du Gestionnaire après l’Heure Limite de Négociation un Jour Ouvré seront traités au prix de l’offre déterminé le Jour Ouvré suivant. Si le paiement des ordres de souscription n’est pas reçu à l’Heure de Règlement correspondante, une souscription peut être annulée ou l’Actionnaire peut être amené à payer des intérêts sur les montants de souscription non soldés aux taux normaux en vigueur. Dans ce cas, l’Agent de Distribution ou l’Actionnaire peut être tenu responsable de toute perte subie par le Fonds.
Le traitement des ordres de rachat est assujetti à la réception et l’acceptation par ou au nom de l’Agent de transfert, la Société et/ou le Gestionnaire d’un ordre de rachat valable. Sous réserve des dispositions de la section « Limites de rachat » dans le Prospectus, les ordres de rachat reçus et acceptés par ou au nom de l’Agent de transfert ou par la Société ou par le Gestionnaire avant l’Heure Limite de Négociation un Jour Ouvré seront traités à la valeur liquidative par Action déterminée ce Jour Ouvré.
| Souscription | Heure	Limite	de Négociation | Heure	de Règlement |
| --- | --- | --- |
| Souscriptions (autres que les Actions de Catégorie Z) | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |
| Souscriptions effectuées directement auprès de l’Agent de Transfert par des Investisseurs Institutionnels Éligibles/Actions de Catégorie Z | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | 15h30,	heure	de Londres J |
| Rachat | Heure	Limite	de Négociation | Heure	de Règlement |
| Tous les Rachats | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |


### LE CONSEILLER EN INVESTISSEMENT PAR DÉLÉGATION
Le Gestionnaire a désigné JCIL en tant que conseiller en investissement de la Société. À la date du présent Supplément, JCIL a délégué à JCM la responsabilité de fournir des services discrétionnaires de conseil et de gestion de portefeuille, concernant tout ou partie des actifs du Fonds.

### CHARGES ET COMMISSIONS
Les charges et commissions auxquelles est soumis tout investissement dans un Fonds (comprenant les droits d’entrée, les droits de sortie conditionnels différés (CDSC), l’ajustement de la dilution, une commission de gestion et une commission de distribution) sont décrits en détail dans le Prospectus à la section « Charges et Commissions », dont un résume figure ci-dessous. Les Charges et Commissions sur les Catégories d’Actions de capital peuvent imputer certaines commissions et charges sur le capital plutôt que sur les revenus.
| Type de commission | Actions de Catégorie A | Actions de Catégorie B | Actions de Catégorie E | Actions de Catégorie G | Actions de Catégorie H | Actions de Catégorie I | Actions de Catégorie S | Actions de Catégorie V | Actions de Catégorie Z |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Droit d'entrée | Jusqu'à 5,00 % du montant souscrit | S/O | Jusqu'à 3,00 % du montant souscrit | S/O | S/O | Jusqu'à 2,00 % du montant souscrit | Jusqu'à 2,00 % du montant souscrit | S/O | S/O |
| CDSC Moins d'un an depuis l’achat - à 2 ans
- à 3 ans
- à 4 ans Plus de 4 ansdepuis l’achat
 | S/O | 4 % 3 % 2 % 1 % 0 % | S/O | S/O | S/O | S/O | S/O | 3 % 2 % 1 % 0 % - | S/O |
| Commissions de services aux Actionnaires | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 1,25 % de la valeur liquidative | S/O | S/O | S/O | S/O | Jusqu'à 0,75 % de la valeur liquidative | S/O |

| Type de commission | Actions de Catégorie A | Actions de Catégorie B | Actions de Catégorie E | Actions de Catégorie G | Actions de Catégorie H | Actions de Catégorie I | Actions de Catégorie S | Actions de Catégorie V | Actions de Catégorie Z |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Commission de distribution | S/O | Jusqu'à 1,00 % de la valeur liquidative | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Commission de gestion d’investissem ent | Jusqu'à 1,50 % de la valeur liquidative | Jusqu'à 1,50 % de la valeur liquidative | Jusqu'à 1,50 % de la valeur liquidative | Jusqu'à 0,80 % de la valeur liquidative | Jusqu'à 0,80 % de la valeur liquidative | Jusqu'à 1,50 % de la valeur liquidative | Jusqu'à 1,50 % de la valeur liquidative | Jusqu'à 1,50 % de la valeur liquidative | Voir Prospectus |
| Commission de performance | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Charges et Commissions | 2,75 % de la valeur liquidative | 3,75 % de la valeur liquidative | 3,50 % de la valeur liquidative | 1,05 % de la valeur liquidative | 1,05 % de la valeur liquidative | 1,75 % de la valeur liquidative | 1,05 % de la valeur liquidative | 3,00 % de la valeur liquidative | Voir Prospectus |


### AJUSTEMENT DE DILUTION
Un ajustement de dilution peut être appliqué à la Valeur liquidative par Action du Fonds au cours d’un jour de négociation (i) si les souscriptions ou rachats nets dépassent le seuil déterminé à l’avance relatif à la Valeur liquidative du Fonds (lorsqu’un tel seuil est ponctuellement déterminé à l’avance pour le Fonds par le Gestionnaire) ou (ii) dans tout autre cas impliquant des souscriptions ou des rachats nets dans le Fonds, si le Gestionnaire ou ses délégués estiment raisonnablement que l’imposition d’un ajustement de dilution s’inscrira dans l’intérêt des Actionnaires existants.

### CATÉGORIES D’ACTIONS
Comme décrit plus particulièrement dans la section « Les Actions » du Prospectus, la Société propose 11 Catégories d’Actions avec diverses politiques de distribution, fréquences de distribution, politiques de couverture et devises dans chaque Catégorie. Le nouveau nom de chaque Catégorie d’Actions offertes par la Société permet aux Actionnaires d’identifier la politique de distribution, la fréquence de distribution, la politique de couverture et la devise d’une Catégorie en fonction de sous-classifications. Le tableau ci-dessous apporte des précisions sur les Catégories d’Actions approuvées par la Banque Centrale, ainsi que sur les Catégories disponibles à l’achat à la date du présent Supplément. La Société émet des Actions dans diverses catégories propres au Fonds.
Si, pour une catégorie d’actions donnée d’un fonds donné, aucune émission n’avait préalablement été faite ou s’il est procédé à une réémission, une souscription initiale sera alors possible : (i) à la/aux date(s) devant être déterminée(s) par le Gestionnaire et communiquée(s) à l’avance à la Banque centrale et (ii) le prix de l’offre initiale et le prix de réémission stipulés dans le Prospectus à la section intitulée « Offres initiales de catégories d’actions ». Dans le cas d’un Fonds au titre duquel une ou plusieurs Catégories d’Actions sont déjà émises, le prix de l’offre initiale par Action pour toute Catégorie d’Actions supplémentaire émise en rapport avec ledit Fonds pourra correspondre à la valeur liquidative par Action desdites autres Catégories d’Actions du Fonds concerné tel que fixé par le Gestionnaire et communiqué à l’avance à la Banque Centrale, ainsi qu’aux Actionnaires potentiels.
| CATÉGORIES D’ACTIONS approuvées par la Banque Centrale à la date du présent Supplément |
| --- |
| Catégories libellées en Dollars américains | Catégories libellées en Euros | Catégories libellées en Livres sterling | Catégories libellées en Dollars de Hong Kong | Catégories libellées en Dollars australiens | Catégories libellées en Francs suisses | Catégories libellées en Dollars canadiens | Catégories libellées en Renminbi (CNH) | Catégories libellées en Couronnes suédoises | Catégories libellées en Dollars néo- zélandais | Catégories libellées en Dollars de Singapour |
| A2 USD B2 USD E2 USD I2 USD S2 USD H2 USD G2 USD V2 USD Z2 USD I1 USD H1 USD A1 USD | A2 HEUR B2 HEUR E2 HEUR I2 HEUR S2 HEUR H2 HEUR G2 HEUR V2 HEUR Z2 EUR A1 HEUR H1 HEUR | I2 HGBP I2 GBP S2 HGBP H2 HGBP H2 GBP G2 HGBP G2 GBP Z2 GBP Z2 HGBP | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF G2 HCHF Z2 CHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD |


### Supplément concernant le Fonds Janus Henderson Opportunistic Alpha Fund

### Le présent Supplément est établi en date du 8 janvier 2021.

### Le présent Supplément contient des informations spécifiques au fonds Janus Henderson Opportunistic Alpha Fund (le « Fonds »), un compartiment de Janus Henderson Capital Funds plc (la
« Société »). La Société est un OPCVM établi sous la forme d’une société d’investissement à capital variable avec séparation des passifs entre les Fonds, constituée en Irlande et régie par la Banque centrale.
Ce Supplément fait partie intégrante du dernier Prospectus et doit être lu conjointement avec celui-ci. Le Prospectus peut être révisé ou complété de temps à autre. Les termes commençant par une majuscule utilisés dans le présent Supplément, qui n'ont pas été définis dans les présentes, ont la même signification que dans le Prospectus.

### RÉSUMÉ

### Les informations reprises sous ce titre constituent un résumé des principales caractéristiques du Fonds et doivent être lues conjointement avec le texte complet du Supplément.
| Catégories d’Actions | Des précisions sur les Catégories d'Actions sont présentées ci-dessous à la section intitulée « Catégories d’Actions ». |
| --- | --- |
| L’attention des investisseurs est attirée sur le fait qu’à la date du présent Supplément, seules certaines Catégories d’Actions du Fonds sont actuellement ouvertes à la souscription. En outre, toutes les Catégories d’Actions ne sont pas disponibles dans toutes les juridictions. Les investisseurs sont priés de se mettre en rapport avec l’Agent de Distribution pour obtenir la liste des Catégories d’Actions à leur disposition. |
| Fréquence des souscriptions, rachats et échanges | Sauf indication contraire des Administrateurs et/ou du Gestionnaire, les souscriptions, les rachats et les échanges d’Actions peuvent être effectués tout Jour Ouvré en suivant les procédures décrites dans les sections du Prospectus intitulées « Comment acheter des Actions », « Comment obtenir le rachat d’Actions » et « Comment échanger ou céder des Actions ». |
| Souscriptions minimales | Les souscriptions initiales et ultérieures minimales applicables à chaque Catégorie au sein du Fonds sont spécifiées dans la section du Prospectus intitulée « Comment acheter des Actions ». |
| Adaptation des Catégories | L’adaptation des Catégories et l’éligibilité des investisseurs pour des Catégories particulières sont décrites à la section intitulée « Les Actions » du Prospectus. |
| Devise de base | Dollar US |


### OBJECTIF ET POLITIQUES D’INVESTISSEMENT
L’objectif d’investissement de ce Fonds est la croissance à long terme du capital. Le Fonds poursuit son objectif en investissant au moins 80 % de sa valeur liquidative en actions (également appelées parts de société) de Sociétés Américaines. Le Fonds peut investir dans des sociétés de toutes tailles, aussi bien des grandes sociétés bien établies que de petites sociétés émergentes en pleine croissance. Le montant total du Fonds pouvant être investi dans des titres négociés sur les Marchés en développement est de 10 % de la valeur liquidative du Fonds. Le Fonds peut utiliser, à concurrence de 10 % de sa valeur liquidative, des techniques et instruments d’investissement tels que des contrats à terme normalisés, des options, des swaps et d’autres instruments financiers dérivés à des fins d’investissement, sous réserve des conditions et limites stipulées ponctuellement par la Banque Centrale.

### Objectif de performance : Surperformer l’indice S&P 500® d’au moins 2 % par an, avant déduction des frais, sur toute période de 5 ans.
Le Fonds est géré activement en fonction de l’indice S&P 500®, qui est largement représentatif des sociétés dans lesquelles il peut investir et sur la base duquel l’objectif de performance du Fonds est défini. Le Conseiller en Investissement par Délégation peut, en toute liberté, mettre en pratique ses convictions, ce qui peut créer un déséquilibre important au sein du portefeuille. Le Fonds peut investir dans des sociétés qui ne font pas partie de l’indice. Les détails de la performance du Fonds sont disponibles dans les rapports annuels et semestriels, les documents de commercialisation et dans le DICI. Rien ne garantit que la performance du Fonds sera égale ou supérieure à cet indice de référence.
Un alpha opportuniste est obtenu par le Conseiller en Investissement par Délégation grâce à un investissement opportuniste dans le but de générer de l’alpha (obtenir des revenus excédentaires) pour les Actionnaires. Investir de manière opportune signifie investir dans des sociétés qui, aux yeux du Conseiller en Investissement par Délégation, sont sous-évaluées ou affichent un potentiel de croissance/rendements futurs à des moments où de telles opportunités surviennent. Généralement qualifiés d’investissements suivant une approche ascendante ou de sélection des titres, les portefeuilles de fonds d’investissement axés sur les caractéristiques fondamentales sont constitués un titre à la fois, après des recherches internes intensives à l’égard de chaque société. Les domaines de recherche peuvent cibler la direction de la société, ses finances, ses avantages concurrentiels et ses faiblesses, ses perspectives de croissance de revenus et plusieurs autres paramètres. Cette approche se fonde sur la conviction que certaines sociétés ont des forces inhérentes en matière de création de valeur pour les actionnaires au fil du temps, ont de meilleures perspectives que leurs homologues et devraient donc surclasser l’industrie, même dans des circonstances économiques ou industrielles difficiles. L’objectif d’une approche d’investissement fondamentale est d’identifier et d’investir dans de telles sociétés.

### Le Fonds peut investir dans tous les types de valeurs mobilières mentionnés ci-dessus qui sont négociés sur un Marché réglementé, sous réserve des limites définies dans les présentes.
Le Fonds peut investir jusqu’à concurrence de 10 % de sa valeur liquidative dans des titres adossés à prêts hypothécaires et à des actifs émis ou garantis par un gouvernement d’un pays membre de l’OCDE, ou ses organismes ou démembrements ou par des émetteurs privés, et dont la notation peut être inférieure aux notations de Premier Ordre telles qu’attribuées par les principales agences de notation.
Le Fonds peut investir la quasi-totalité de ses actifs en actions, dans la mesure où le Conseiller en investissement par délégation estime que les marchés concernés bénéficient d’une conjoncture favorable à un investissement rentable dans ces valeurs. Les titres sont généralement sélectionnés par le Conseiller en investissement par délégation sans considération du secteur d’activité ou d’autres critères de sélection semblables ; le Fonds n’a pas vocation à être spécialisé dans un secteur d’activité donné.

### L’obtention de revenus n'est pas un critère d’investissement important pour le Fonds.
Le pourcentage des actifs du Fonds investis en Actions variera et, selon les conditions de marché analysées par le Conseiller en Investissement par Délégation, le Fonds peut détenir, à titre accessoire dans son portefeuille, des liquidités ou des titres à court terme portant intérêt, tels que des Titres d’État ou des Titres de Créance. Le Fonds peut investir, dans une moindre mesure, dans d’autres types de valeurs, notamment des Actions de préférence, des Titres d’État, des Titres de Créance, des warrants et des titres convertibles en Actions, quand le Conseiller en Investissement par Délégation concerné perçoit une opportunité de croissance du capital sur ces titres. Le Fonds peut investir jusqu’à 15 % de sa valeur liquidative en Titres de Créance (y compris des obligations à haut rendement/risque) ou en Titres d'État ne bénéficiant pas d’une notation de Premier Ordre. Le Fonds peut investir, directement ou indirectement (à savoir par l’intermédiaire de certificats américains d’actions étrangères, de certificats européens d’actions étrangères et de certificats internationaux d’actions étrangères) sur les marchés concernés. Le Fonds peut également investir jusqu’à concurrence de 5 % de sa valeur liquidative en titres à coupon zéro, en titres payant leurs intérêts en nature et en Titres à Coupon Progressif ainsi que, sans limitation, en Titres Indexés/Structurés. Les obligations payant leurs intérêts en nature sont des obligations qui peuvent payer leurs intérêts sous la forme d’obligations supplémentaires de même nature.
Le Fonds pourra investir jusqu’à concurrence de 5 % de sa valeur liquidative dans des titres d’autres Organismes de placement collectif admissibles. Un tel investissement englobe la possibilité d’investir dans d’autres Fonds. Cependant, le Fonds ne peut pas investir dans un autre Fonds détenant lui-même des Actions d’un autre Fonds. Lorsqu'il investit dans un autre Fonds, le Fonds ne peut pas prélever une commission annuelle de gestion de portefeuille et/ou de gestion administrative pour ce qui concerne la fraction de ses actifs qui sont investis dans l'autre Fonds.
Le Conseiller en Investissement par Délégation adopte généralement une approche ascendante envers la constitution de portefeuilles. En d’autres termes, ils veulent identifier les sociétés robustes dotées d’avantages concurrentiels durables qui améliorent leurs retours sur le capital. Le Fonds suit une stratégie d’investissement selon laquelle les sociétés sont jugées principalement en fonction de leurs caractéristiques qualitatives et quantitatives fondamentales. Communément appelé la sélection de titres ou l’investissement ascendant, les portefeuilles de fonds d’investissement axés sur les caractéristiques fondamentales sont constitués un titre à la fois, après des recherches internes intensives à l’égard de chaque société. Les domaines de recherche peuvent cibler la direction de la société, ses finances, ses avantages concurrentiels et ses faiblesses, ses perspectives de croissance de revenus et plusieurs autres paramètres. Cette approche se fonde sur la conviction que certaines sociétés ont des forces inhérentes en matière de création de valeur pour les actionnaires au fil du temps, ont de meilleures perspectives que leurs homologues et devraient donc surclasser l’industrie, même dans des industries ou des circonstances économiques difficiles. L’objectif d’une approche d’investissement fondamentale est d’identifier et d’investir dans de telles sociétés.
Le Fonds peut investir en instruments financiers dérivés à des fins de gestion efficace du portefeuille. Les investissements du Fonds en instruments dérivés seront soumis aux limites stipulées dans la politique d’investissement du Fonds ainsi qu’aux conditions et limites éventuellement stipulées par la Banque centrale. Dans certaines circonstances, le Fonds utilisera des instruments financiers dérivés comme levier. Le Fonds est autorisé à des fins d’investissement à investir jusqu’à 10 % de sa valeur liquidative dans des instruments financiers dérivés. Le montant maximal d’effet de levier (lorsqu’il est calculé en utilisant l’approche d’engagement) que le Fonds peut créer grâce à l’utilisation d’instruments financiers dérivés est de 100 % de la valeur liquidative du Fonds. Toutefois, les Actionnaires doivent noter que, compte tenu de la nature des instruments dérivés et du fait que ces instruments peuvent être négociés à la marge, un relativement faible mouvement défavorable du cours du sous-jacent d’un instrument dérivé donné peut entraîner des mouvements immédiats et importants de l’exposition du Fonds à cet instrument dérivé. Si les limites d’exposition liées à un instrument dérivé devaient être supérieures pour des raisons échappant au contrôle du Fonds, celui-ci aura pour priorité de remédier à cette situation en tenant compte des intérêts de ses Actionnaires.

### UTILISATION DE MESURES DÉFENSIVES TEMPORAIRES
Dans certaines circonstances, à titre temporaire et exceptionnel, lorsque le Conseiller en Investissement ou le Conseiller en Investissement par Délégation concerné estime qu’il en va de l’intérêt des Actionnaires, le Fonds pourra effectuer quelques entorses à ses politiques d’investissement telles qu’elles figurent ci-dessus. Pour de plus amples informations, se référer à la section « Utilisation de mesures défensives temporaires » du Prospectus.

### PROFIL DE L’INVESTISSEUR TYPE

### Le Fonds s’adresse à une grande diversité d’investisseurs, qui recherchent l’accès à un portefeuille géré dans le respect d’un objectif et d’une politique d’investissement spécifiques.
L’investisseur potentiel doit choisir la Catégorie qui correspond le mieux à ses besoins. En sélectionnant une Catégorie, les investisseurs potentiels doivent prendre en considération les éléments suivants :
- le montant qu’ils prévoient d’investir ;
- la durée de détention prévue des Actions ;
- les frais payés au titre de chaque Catégorie ;
- l’admissibilité des Actionnaires au bénéfice d’une renonciation ou d’un abandon des droits d’entrée ;
- la devise de la catégorie d’actions.


### LIMITES D'INVESTISSEMENTS

### Chacun des investissements du Fonds sera limité aux investissements autorisés par le Règlement sur les OPCVM et d'autres limites applicables stipulées à l'Annexe 4 du Prospectus.

### UTILISATION D’INSTRUMENTS ET DE TECHNIQUES D’INVESTISSEMENT ET D’INSTRUMENTS FINANCIERS DÉRIVÉS
Sous réserve de la capacité du Fonds à investir jusqu'à 10 % de sa valeur liquidative dans des instruments financiers dérivés à des fins d'investissement, comme indiqué à la section « Objectif et Politiques d’investissement » ci-dessus, le Conseillers en Investissement par Délégation peut seulement employer des instruments et des techniques d’investissement tels que des contrats à terme normalisés, des options, des swaps et autres instruments financiers dérivés pour une gestion efficace du portefeuille (à savoir une réduction des risques, une réduction des coûts et la génération de capital ou de revenu supplémentaire pour le Fonds) et le Conseiller en Investissement par Délégation est tenu de se conformer aux conditions et restrictions stipulées périodiquement par la Banque centrale. De plus amples informations figurent aux sections

### « Utilisation d'instruments et de techniques d'investissement et d'instruments financiers dérivés » et « Types et description d'instruments financiers dérivés » du Prospectus.
La principale méthode de calcul de l’exposition globale pour le Fonds est l'approche d'engagement. Cependant, le modèle de la VaR ne sera utilisé que lorsque le volume d’instruments dérivés utilisé est plus élevé ou la mise en œuvre des stratégies de produits dérivés est plus complexe ou lorsque le profil de risque du Fonds a connu un certain changement.

### RÈGLEMENTATION DES OPÉRATIONS DE FINANCEMENT DE TITRES
Comme décrit plus particulièrement dans la section « Réglementation des opérations de financement de titres » du Prospectus, sous réserve des limites d’investissement indiquées en Annexe 4 du Prospectus, ainsi que des limites d’investissement définies à la section « Objectif et politiques d’investissement » du Supplément : (a) en ce qui concerne les investissements autorisés dans les swaps sur rendement total, le Fonds peut investir au maximum 10 % de sa Valeur liquidative ; et (b) le Fonds peut investir au maximum 100
% de sa Valeur liquidative dans des Opérations de financement sur titres. Sous réserve des limites susmentionnées, le Fonds devrait en général investir entre 0 et 20 % de sa Valeur liquidative dans des swaps sur rendement total et des Opérations de financement sur titres.

### FACTEURS DE RISQUE ET CONSIDÉRATIONS PARTICULIÈRES
L’attention des investisseurs est attirée sur les facteurs de risque et autres considérations particulières qui sont décrits dans le Prospectus à la section intitulée « Facteurs de risque et considérations particulières » et qui peuvent affecter le Fonds. Cette liste de facteurs de risque liés aux investissements dans le Fonds n’est pas exhaustive, et l’attention de l’investisseur est attirée sur la description des instruments financiers qui apparaît à la section « Objectifs et politiques d’investissement » ci-dessus.

### POLITIQUE DE DISTRIBUTION
Telles que décrites plus particulièrement dans le Prospectus à la section « Les Actions » et dans le Supplément à la section intitulée « Catégories d'Actions », les Catégories d’Actions de Distribution peuvent différer en termes de fréquence de distribution. Les Catégories d’Actions de Distribution peuvent effectuer des distributions de façon mensuelle, trimestrielle, semestrielle ou annuelle, tel que déterminé moment du lancement de la Catégorie d’Actions concernée. La fréquence de distribution des Catégories d’Actions est indiquée dans le tableau ci-dessous :
| Fréquence de distribution | Dates de déclaration de distribution |
| --- | --- |
| Catégories d’Actions de capitalisation |
| Sans objet | Sans objet |
| Catégories d’Actions de Distribution |
| Mensuelle | Mensuelle, en principe le 15 de chaque mois à moins que ce jour ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Trimestrielle | Trimestrielle, en principe le 15 février, 15 mai, 15 août et 15 novembre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution aura lieu le dernier Jour Ouvré qui précède les dates mentionnées. |
| Semestrielle | Semestrielle, en principe le 15 mai et le 15 novembre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Annuelle | Annuelle, en principe le 15 mai à moins qu’il ne s’agisse pas d’un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède la date mentionnée. |


### HEURES LIMITES DE NÉGOCIATION ET HEURES DE RÈGLEMENT
Les ordres de souscription d’Actions reçus et acceptés par ou au nom de l’Agent de transfert ou la Société et/ou le Gestionnaire avant l’Heure Limite de Négociation au cours d’un Jour Ouvré repris dans les tableaux ci-dessous seront traités au prix de l’offre déterminé ce Jour Ouvré. Les ordres de souscription d’Actions reçus par ou au nom de l’Agent transfert ou de la Société et/ou du Gestionnaire après l’Heure Limite de Négociation un Jour Ouvré seront traités au prix de l’offre déterminé le Jour Ouvré suivant. Si le paiement des ordres de souscription n’est pas reçu à l’Heure de Règlement correspondante, une souscription peut être annulée ou l’Actionnaire peut être amené à payer des intérêts sur les montants de souscription non soldés aux taux normaux en vigueur. Dans ce cas, l’Agent de Distribution ou l’Actionnaire peut être tenu responsable de toute perte subie par le Fonds.
Le traitement des ordres de rachat est assujetti à la réception et l’acceptation par ou au nom de l’Agent de transfert, la Société et/ou le Gestionnaire d’un ordre de rachat valable. Sous réserve des dispositions de la section « Limites de rachat » dans le Prospectus, les ordres de rachat reçus et acceptés par ou au nom de l’Agent de transfert ou par la Société ou par le Gestionnaire avant l’Heure Limite de Négociation un Jour Ouvré seront traités à la valeur liquidative par Action déterminée ce Jour Ouvré.
| Souscription | Heure Limite de Négociation | Heure de Règlement |
| --- | --- | --- |
| Souscriptions (autres que les Actions de Catégorie Z) | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |
| Souscriptions effectuées directement auprès de l’Agent de Transfert par des Investisseurs Institutionnels Éligibles/Actions de Catégorie Z | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | 15h30,	heure	de Londres J |
| Rachat | Heure	Limite	de Négociation | Heure	de Règlement |
| Tous les Rachats | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |


### LE CONSEILLER EN INVESTISSEMENT PAR DÉLÉGATION
Le Gestionnaire a désigné JCIL en tant que conseiller en investissement de la Société. À la date du présent Supplément, JCIL a délégué à JCM la responsabilité de fournir des services discrétionnaires de conseil et de gestion de portefeuille, concernant tout ou partie des actifs du Fonds.

### CHARGES ET COMMISSIONS
Les charges et commissions auxquelles est soumis tout investissement dans un Fonds (comprenant les droits d’entrée, les droits de sortie conditionnels différés (CDSC), l’ajustement de la dilution, une commission de gestion et une commission de distribution) sont décrits en détail dans le Prospectus à la section « Charges et Commissions », dont un résume figure ci-dessous. Les Charges et Commissions sur les Catégories d’Actions de capital peuvent imputer certaines commissions et charges sur le capital plutôt que sur les revenus.
| Type de commission | Actions de Catégorie A | Actions de Catégorie B | Actions de Catégorie E | Actions de Catégorie G | Actions de Catégorie H | Actions de Catégorie I | Actions de Catégorie S | Actions de Catégorie V | Actions de Catégorie Z |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Droit d'entrée | Jusqu'à 5,00 % du montant souscrit | S/O | Jusqu'à 3,00 % du montant souscrit | S/O | S/O | Jusqu'à 2,00 % du montant souscrit | Jusqu'à 2,00 % du montant souscrit | S/O | S/O |
| CDSC Moins d'un an depuis l’achat - à 2 ans
- à 3 ans
- à 4 ans Plus de 4 ansdepuis l’achat
 | S/O | 4 % 3 % 2 % 1 % 0 % | S/O | S/O | S/O | S/O | S/O | 3 % 2 % 1 % 0 % - | S/O |
| Commissions de services aux Actionnaires | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 1,25 % de la valeur liquidative | S/O | S/O | S/O | S/O | Jusqu'à 0,75 % de la valeur liquidative | S/O |

| Type de commission | Actions de Catégorie A | Actions de Catégorie B | Actions de Catégorie E | Actions de Catégorie G | Actions de Catégorie H | Actions de Catégorie I | Actions de Catégorie S | Actions de Catégorie V | Actions de Catégorie Z |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Commission de distribution | S/O | Jusqu'à 1,00 % de la valeur liquidative | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Commission de gestion d’investissem ent | Jusqu'à 1,25 % de la valeur liquidative | Jusqu'à 1,25 % de la valeur liquidative | Jusqu'à 1,25 % de la valeur liquidative | Jusqu'à 0,80 % de la valeur liquidative | Jusqu'à 0,80 % de la valeur liquidative | Jusqu'à ,0,95 % de la valeur liquidative | Jusqu'à 0,95 % de la valeur liquidative | Jusqu'à 1,25 % de la valeur liquidative | Voir Prospectus |
| Commission de performance | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Charges et Commissions | 2,50 % de la valeur liquidative | 3,50 % de la valeur liquidative | 3,00 % de la valeur liquidative | 1,05 % de la valeur liquidative | 1,05 % de la valeur liquidative | 1,20 % de la valeur liquidative | 1,05 % de la valeur liquidative | 2,75 % de la valeur liquidative | Voir Prospectus |


### AJUSTEMENT DE DILUTION
Un ajustement de dilution peut être appliqué à la Valeur liquidative par Action du Fonds au cours d’un jour de négociation (i) si les souscriptions ou rachats nets dépassent le seuil déterminé à l’avance relatif à la Valeur liquidative du Fonds (lorsqu’un tel seuil est ponctuellement déterminé à l’avance pour le Fonds par le Gestionnaire) ou (ii) dans tout autre cas impliquant des souscriptions ou des rachats nets dans le Fonds, si le Gestionnaire ou ses délégués estiment raisonnablement que l’imposition d’un ajustement de dilution s’inscrira dans l’intérêt des Actionnaires existants.

### CATÉGORIES D’ACTIONS
Comme décrit plus particulièrement dans la section « Les Actions » du Prospectus, la Société propose 11 Catégories d’Actions avec diverses politiques de distribution, fréquences de distribution, politiques de couverture et devises dans chaque Catégorie. Le nouveau nom de chaque Catégorie d’Actions offertes par la Société permet aux Actionnaires d’identifier la politique de distribution, la fréquence de distribution, la politique de couverture et la devise d’une Catégorie en fonction de sous-classifications. Le tableau ci-dessous apporte des précisions sur les Catégories d’Actions approuvées par la Banque Centrale, ainsi que sur les Catégories disponibles à l’achat à la date du présent Supplément.
Si, pour une catégorie d’actions donnée d’un fonds donné, aucune émission n’avait préalablement été faite ou s’il est procédé à une réémission, une souscription initiale sera alors possible : (i) à la/aux date(s) devant être déterminée(s) par le Gestionnaire et communiquée(s) à l’avance à la Banque centrale et (ii) le prix de l’offre initiale et le prix de réémission stipulés dans le Prospectus à la section intitulée « Offres initiales de catégories d’actions ». Dans le cas d’un Fonds au titre duquel une ou plusieurs Catégories d’Actions sont déjà émises, le prix de l’offre initiale par Action pour toute Catégorie d’Actions supplémentaire émise en rapport avec ledit Fonds pourra correspondre à la valeur liquidative par Action desdites autres Catégories d’Actions du Fonds concerné tel que fixé par le Gestionnaire et communiqué à l’avance à la Banque Centrale, ainsi qu’aux Actionnaires potentiels.
| CATÉGORIES D’ACTIONS approuvées par la Banque Centrale à la date du présent Supplément |
| --- |
| Catégories libellées en Dollars américains | Catégories libellées en Euros | Catégories libellées en Livres sterling | Catégories libellées en Dollars de Hong Kong | Catégories libellées en Dollars australiens | Catégories libellées en Francs suisses | Catégories libellées en Dollars canadiens | Catégories libellées en Renminbi (CNH) | Catégories libellées en Couronnes suédoises | Catégories libellées en Dollars néo- zélandais | Catégories libellées en Dollars de Singapour |
| A2 USD B2 USD E2 USD I2 USD S2 USD H2 USD G2 USD V2 USD Z2 USD A1 USD I1 USD H1 USD | A2 HEUR B2 HEUR E2 HEUR I2 HEUR S2 HEUR H2 HEUR G2 HEUR V2 HEUR Z2 EUR A1 HEUR H1 HEUR A2 EUR I2 EUR H2 EUR G2 EUR | I2 HGBP I2 GBP S2 HGBP H2 HGBP H2 GBP G2 HGBP G2 GBP Z2 GBP Z2 HGBP | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF Z2 CHF | A2 HCAD A5M HKD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD |


### Supplément concernant le Fonds Janus Henderson US Research Fund

### Le présent Supplément est établi en date du 26 février 2021.
Le présent Supplément contient des informations spécifiques au fonds Janus Henderson US Research Fund (le « Fonds »), un compartiment de Janus Henderson Capital Funds plc (la « Société »). La Société est un OPCVM établi sous la forme d’une société d’investissement à capital variable avec séparation des passifs entre les Fonds, constituée en Irlande et régie par la Banque centrale.
Ce Supplément fait partie intégrante du dernier Prospectus et doit être lu conjointement avec celui-ci. Le Prospectus peut être révisé ou complété de temps à autre. Les termes commençant par une majuscule utilisés dans le présent Supplément, qui n'ont pas été définis dans les présentes, ont la même signification que dans le Prospectus.

### RÉSUMÉ

### Les informations reprises sous ce titre constituent un résumé des principales caractéristiques du Fonds et doivent être lues conjointement avec le texte complet du Supplément.
| Catégories d’Actions | Des précisions sur les Catégories d'Actions sont présentées ci-dessous à la section intitulée « Catégories d’Actions » |
| --- | --- |
| L’attention des investisseurs est attirée sur le fait qu’à la date du présent Supplément, seules certaines Catégories d’Actions du Fonds sont actuellement ouvertes à la souscription. En outre, toutes les Catégories d’Actions ne sont pas disponibles dans toutes les juridictions. Les investisseurs sont priés de se mettre en rapport avec l’Agent de Distribution pour obtenir la liste des Catégories d’Actions à leur disposition. |
| Fréquence des souscriptions, rachats et échanges | Sauf indication contraire des Administrateurs et/ou du Gestionnaire, les souscriptions, les rachats et les échanges d’Actions peuvent être effectués tout Jour Ouvré en suivant les procédures décrites dans les sections du Prospectus intitulées « Comment acheter des Actions », « Comment obtenir le rachat d’Actions » et « Comment échanger ou céder des Actions ». |
| Souscriptions minimales | Les souscriptions initiales et ultérieures minimales applicables à chaque Catégorie au sein du Fonds sont spécifiées dans la section du Prospectus intitulée « Comment acheter des Actions ». |
| Adaptation des Catégories | L’adaptation des Catégories et l’éligibilité des investisseurs pour des Catégories particulières sont décrites à la section intitulée « Les Actions » du Prospectus. |
| Devise de base | Dollar US |


### OBJECTIF ET POLITIQUES D’INVESTISSEMENT
L’objectif d’investissement de ce Fonds est la croissance à long terme du capital. Il poursuit cet objectif en investissant au moins 80 % de sa valeur liquidative en actions (ou parts de société) de Sociétés américaines sélectionnées pour leur potentiel de croissance. Le Fonds peut investir dans des sociétés de toutes tailles, aussi bien des grandes sociétés bien établies que de petites sociétés émergentes en pleine croissance. Le montant total du Fonds pouvant être investi dans des titres négociés sur les Marchés en développement est de 10 % de la valeur liquidative du Fonds. Le Fonds peut également investir dans des actions, des actions privilégiées, des titres convertibles en actions ou en actions privilégiées, tels que des actions privilégiées convertibles, et d’autres titres présentant des caractéristiques propres aux actions. Le Fonds peut utiliser, à concurrence de 10 % de sa valeur liquidative, des techniques et instruments d’investissement tels que des contrats à terme normalisés, des options, des swaps et d’autres instruments financiers dérivés à des fins d’investissement, sous réserve des conditions et limites stipulées ponctuellement par la Banque Centrale.

### Le Fonds vise à obtenir une performance supérieure d’au moins 2 % par an à celle de l’indice Russell 1000®, avant déduction des frais, sur toute période de 5 ans.
Le Fonds est géré activement en fonction de l’indice Russell 1000®, qui est largement représentatif des sociétés dans lesquelles il peut investir et sur la base duquel l’objectif de performance du Fonds est défini. Le Conseiller en Investissement par Délégation a le pouvoir discrétionnaire de choisir des investissements individuels pour le Fonds avec des pondérations différentes de l’indice ou n’y figurant pas, même si le Fonds peut parfois détenir des investissements similaires à l’indice. Le Conseiller en Investissement par Délégation cherchera à maintenir le portefeuille avec des pondérations sectorielles proches de celles de l’indice. Les détails de la performance du Fonds sont disponibles dans les rapports annuels et semestriels, les documents de commercialisation et dans le DICI. Rien ne garantit que la performance du Fonds sera égale ou supérieure à cet indice de référence.
Le Conseiller en investissement par Délégation sélectionne des investissements qui représentent des idées d’investissement fondées sur une forte conviction, quels que soient les styles de gestion, capitalisations boursières, secteurs d’activité et régions géographiques. Le Conseiller en Investissement par Délégation utilise une analyse fondamentale en privilégiant la recherche de type ascendant (« bottom-up »), la modélisation quantitative et l’analyse des valorisations. Le Conseiller en Investissement par Délégation cherche à identifier les sociétés robustes dotées d’avantages concurrentiels durables qui améliorent leurs retours sur le capital. Les sociétés sont considérées principalement en fonction de leurs propres caractéristiques qualitatives et quantitatives fondamentales. Généralement qualifiés d’investissements suivant une approche ascendante ou de sélection des titres, les portefeuilles de fonds d’investissement axés sur les caractéristiques fondamentales sont constitués un titre à la fois, après une recherche interne à l’égard de chaque société. Les domaines d’intérêt peuvent cibler la direction de la société, ses finances, ses avantages concurrentiels et ses faiblesses, ses perspectives de croissance de revenus et plusieurs autres paramètres. Cette approche se fonde sur la conviction que certaines sociétés ont des forces inhérentes en matière de création de valeur pour les actionnaires au fil du temps, ont de meilleures perspectives que leurs homologues et devraient donc surclasser l’industrie, même dans des industries ou des circonstances économiques difficiles. L’objectif d’une approche d’investissement fondamentale est d’identifier et d’investir dans de telles sociétés.
Le Fonds peut investir dans tous les types de valeurs mobilières, sous réserve des limites définies dans les présentes. Le Fonds peut investir jusqu’à concurrence de 20 % de sa valeur liquidative dans des titres émis par des Émetteurs non Américains. De manière générale, ces investissements non américains seront négociés sur des Marchés Réglementés qui ne sont pas considérés comme des Marchés en développement.
Le Fonds peut investir jusqu’à concurrence de 10 % de sa valeur liquidative dans des titres adossés à prêts hypothécaires et à des actifs émis ou garantis par un gouvernement d’un pays membre de l’OCDE, ou ses organismes ou démembrements ou par des émetteurs privés, et dont la notation peut être inférieure aux notations de Premier Ordre telles qu’attribuées par les principales agences de notation.
Le Fonds peut investir la quasi-totalité de ses actifs en actions, sous réserve du respect des limites de pourcentages prévues dans les présentes, dans la mesure où le Conseiller en investissement par délégation estime que les marchés concernés bénéficient d’une conjoncture favorable à un investissement rentable dans ces valeurs. Les titres sont généralement sélectionnés par le Conseiller en investissement par délégation sans considération du secteur d’activité ou d’autres critères de sélection semblables ; le Fonds n’a pas vocation à être spécialisé dans un secteur d’activité donné.

### L’obtention de revenus n'est pas un critère d’investissement important pour le Fonds.
Le pourcentage des actifs du Fonds investis en Actions variera et, selon les conditions de marché analysées par le Conseiller en Investissement par Délégation, le Fonds peut détenir, à titre accessoire dans son portefeuille, des liquidités ou des titres à court terme portant intérêt, tels que des Titres d’État ou des Titres de Créance. Le Fonds peut investir, dans une moindre mesure, dans d’autres types de valeurs, notamment des Actions de préférence, des Titres d’État, des Titres de Créance, des warrants et des titres convertibles en Actions, quand le Conseiller en Investissement par Délégation concerné perçoit une opportunité de croissance du capital sur ces titres. Le Fonds peut investir jusqu’à 15 % de sa valeur liquidative en Titres de Créance (y compris des obligations à haut rendement/risque) ou en Titres d'État ne bénéficiant pas d’une notation de Premier Ordre. Le Fonds peut investir, directement ou indirectement (à savoir par l’intermédiaire de certificats
américains d’actions étrangères, de certificats européens d’actions étrangères et de certificats internationaux d’actions étrangères) sur les marchés concernés. Le Fonds peut également investir jusqu’à concurrence de 5 % de sa valeur liquidative en titres à coupon zéro, en titres payant leurs intérêts en nature et en Titres à Coupon Progressif ainsi que, sans limitation, en Titres Indexés/Structurés. Les obligations payant leurs intérêts en nature sont des obligations qui peuvent payer leurs intérêts sous la forme d’obligations supplémentaires de même nature.
Le Fonds pourra investir jusqu’à concurrence de 5 % de sa valeur liquidative dans des titres d’autres Organismes de placement collectif admissibles. Un tel investissement englobe la possibilité d’investir dans d’autres Fonds. Cependant, le Fonds ne peut pas investir dans un autre Fonds détenant lui-même des Actions d’un autre Fonds. Lorsqu'il investit dans un autre Fonds, le Fonds ne peut pas prélever une commission annuelle de gestion de portefeuille et/ou de gestion administrative pour ce qui concerne la fraction de ses actifs qui sont investis dans l'autre Fonds.
Le Conseiller en Investissement par Délégation adopte généralement une approche ascendante envers la constitution de portefeuilles. En d’autres termes, ils veulent identifier les sociétés robustes dotées d’avantages concurrentiels durables qui améliorent leurs retours sur le capital. Le Fonds suit une stratégie d’investissement selon laquelle les sociétés sont jugées principalement en fonction de leurs caractéristiques qualitatives et quantitatives fondamentales. Communément appelé la sélection de titres ou l’investissement ascendant, les portefeuilles de fonds d’investissement axés sur les caractéristiques fondamentales sont constitués un titre à la fois, après des recherches internes intensives à l’égard de chaque société. Les domaines de recherche peuvent cibler la direction de la société, ses finances, ses avantages concurrentiels et ses faiblesses, ses perspectives de croissance de revenus et plusieurs autres paramètres. Cette approche se fonde sur la conviction que certaines sociétés ont des forces inhérentes en matière de création de valeur pour les actionnaires au fil du temps, ont de meilleures perspectives que leurs homologues et devraient donc surclasser l’industrie, même dans des industries ou des circonstances économiques difficiles. L’objectif d’une approche d’investissement fondamentale est d’identifier et d’investir dans de telles sociétés.
Le Fonds peut investir en instruments financiers dérivés à des fins de gestion efficace du portefeuille. Les investissements du Fonds en instruments dérivés seront soumis aux limites stipulées dans la politique d’investissement du Fonds ainsi qu’aux conditions et limites éventuellement stipulées par la Banque centrale. Dans certaines circonstances, le Fonds utilisera des instruments financiers dérivés comme levier. Le Fonds est autorisé à des fins d’investissement à investir jusqu’à 10 % de sa valeur liquidative dans des instruments financiers dérivés. Le montant maximal d’effet de levier (lorsqu’il est calculé en utilisant l’approche d’engagement) que le Fonds peut créer grâce à l’utilisation d’instruments financiers dérivés est de 100 % de la valeur liquidative du Fonds. Toutefois, les Actionnaires doivent noter que, compte tenu de la nature des instruments dérivés et du fait que ces instruments peuvent être négociés à la marge, un relativement faible mouvement défavorable du cours du sous-jacent d’un instrument dérivé donné peut entraîner des mouvements immédiats et importants de l’exposition du Fonds à cet instrument dérivé. Si les limites d’exposition liées à un instrument dérivé devaient être supérieures pour des raisons échappant au contrôle du Fonds, celui-ci aura pour priorité de remédier à cette situation en tenant compte des intérêts de ses Actionnaires.

### RÈGLEMENT EUROPÉEN SUR LES INDICES DE RÉFÉRENCE
À la date de publication du Supplément, FTSE International Limited (en qualité d'administrateur de l'indice Russell 1000®) figure dans le registre tenu par l’AEMF en vertu du Règlement concernant les indices utilisés comme indices de référence.

### UTILISATION DE MESURES DÉFENSIVES TEMPORAIRES
Dans certaines circonstances, à titre temporaire et exceptionnel, lorsque le Conseiller en Investissement ou le Conseiller en Investissement par Délégation concerné estime qu’il en va de l’intérêt des Actionnaires, le Fonds pourra effectuer quelques entorses à ses politiques d’investissement telles qu’elles figurent ci-dessus. Pour de plus amples informations, se référer à la section « Utilisation de mesures défensives temporaires » du Prospectus.

### PROFIL DE L’INVESTISSEUR TYPE

### Le Fonds s’adresse à une grande diversité d’investisseurs, qui recherchent l’accès à un portefeuille géré dans le respect d’un objectif et d’une politique d’investissement spécifiques.
L’investisseur potentiel doit choisir la Catégorie qui correspond le mieux à ses besoins. En sélectionnant une Catégorie, les investisseurs potentiels doivent prendre en considération les éléments suivants :
- le montant qu’ils prévoient d’investir ;
- la durée de détention prévue des Actions ;
- les frais payés au titre de chaque Catégorie ;
- l’admissibilité des Actionnaires au bénéfice d’une renonciation ou d’un abandon des droits d’entrée ;
- la devise de la catégorie d’actions.


### LIMITES D'INVESTISSEMENTS

### Chacun des investissements du Fonds sera limité aux investissements autorisés par le Règlement sur les OPCVM et d'autres limites applicables stipulées à l'Annexe 4 du Prospectus.

### UTILISATION D’INSTRUMENTS ET DE TECHNIQUES D’INVESTISSEMENT ET D’INSTRUMENTS FINANCIERS DÉRIVÉS
Sous réserve de la capacité du Fonds à investir jusqu'à 10 % de sa valeur liquidative dans des instruments financiers dérivés à des fins d'investissement, comme indiqué à la section « Objectif et Politiques d’investissement » ci-dessus, le Conseillers en Investissement par Délégation peut seulement employer des instruments et des techniques d’investissement tels que des contrats à terme normalisés, des options, des swaps et autres instruments financiers dérivés pour une gestion efficace du portefeuille (à savoir une réduction des risques, une réduction des coûts et la génération de capital ou de revenu supplémentaire pour le Fonds) et le Conseiller en Investissement par Délégation est tenu de se conformer aux conditions et restrictions stipulées périodiquement par la Banque centrale. De plus amples informations figurent aux sections

### « Utilisation d'instruments et de techniques d'investissement et d'instruments financiers dérivés » et « Types et description d'instruments financiers dérivés » du Prospectus.
La principale méthode de calcul de l’exposition globale pour le Fonds est l'approche d'engagement. Cependant, le modèle de la VaR ne sera utilisé que lorsque le volume d’instruments dérivés utilisé est plus élevé ou la mise en œuvre des stratégies de produits dérivés est plus complexe ou lorsque le profil de risque du Fonds a connu un certain changement.

### RÈGLEMENTATION DES OPÉRATIONS DE FINANCEMENT DE TITRES
Comme décrit plus particulièrement dans la section « Réglementation des opérations de financement de titres » du Prospectus, sous réserve des limites d’investissement indiquées en Annexe 4 du Prospectus, ainsi que des limites d’investissement définies à la section « Objectif et politiques d’investissement » du Supplément : (a) en ce qui concerne les investissements autorisés dans les swaps sur rendement total, le Fonds peut investir au maximum 10 % de sa Valeur liquidative ; et (b) le Fonds peut investir au maximum 100
% de sa Valeur liquidative dans des Opérations de financement sur titres. Sous réserve des limites susmentionnées, le Fonds devrait en général investir entre 0 et 20 % de sa Valeur liquidative dans des swaps sur rendement total et des Opérations de financement sur titres.

### FACTEURS DE RISQUE ET CONSIDÉRATIONS PARTICULIÈRES
L’attention des investisseurs est attirée sur les facteurs de risque et autres considérations particulières qui sont décrits dans le Prospectus à la section intitulée « Facteurs de risque et considérations particulières » et qui peuvent affecter le Fonds. Cette liste de facteurs de risque liés aux investissements dans le Fonds n’est pas exhaustive, et l’attention de l’investisseur est attirée sur la description des instruments financiers qui apparaît à la section « Objectifs et politiques d’investissement » ci-dessus.

### POLITIQUE DE DISTRIBUTION
Telles que décrites plus particulièrement dans le Prospectus à la section « Les Actions » et dans le Supplément à la section intitulée « Catégories d'Actions », les Catégories d’Actions de Distribution peuvent différer en termes de fréquence de distribution. Les Catégories d’Actions de Distribution peuvent effectuer des distributions de façon mensuelle, trimestrielle, semestrielle ou annuelle, tel que déterminé moment du lancement de la Catégorie d’Actions concernée. La fréquence de distribution des Catégories d’Actions est indiquée dans le tableau ci-dessous :
| Fréquence de distribution | Dates de déclaration de distribution |
| --- | --- |
| Catégories d’Actions de capitalisation |
| Sans objet | Sans objet |
| Catégories d’Actions de Distribution |
| Mensuelle | Mensuelle, en principe le 15 de chaque mois à moins que ce jour ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Trimestrielle | Trimestrielle, normalement le 15 janvier, le 15 avril, le 15 juillet et le 15 octobre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Semestrielle | Semestrielle, en principe le 15 avril et le 15 octobre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Annuelle | Annuelle, en principe le 15 octobre à moins qu’il ne s’agisse pas d’un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède la date mentionnée. |


### HEURES LIMITES DE NÉGOCIATION ET HEURES DE RÈGLEMENT
Les ordres de souscription d’Actions reçus et acceptés par ou au nom de l’Agent de transfert ou la Société et/ou le Gestionnaire avant l’Heure Limite de Négociation au cours d’un Jour Ouvré repris dans les tableaux ci-dessous seront traités au prix de l’offre déterminé ce Jour Ouvré. Les ordres de souscription d’Actions reçus par ou au nom de l’Agent transfert ou de la Société et/ou du Gestionnaire après l’Heure Limite de Négociation un Jour Ouvré seront traités au prix de l’offre déterminé le Jour Ouvré suivant. Si le paiement des ordres de souscription n’est pas reçu à l’Heure de Règlement correspondante, une souscription peut être annulée ou l’Actionnaire peut être amené à payer des intérêts sur les montants de souscription non soldés aux taux normaux en vigueur. Dans ce cas, l’Agent de Distribution ou l’Actionnaire peut être tenu responsable de toute perte subie par le Fonds.
Le traitement des ordres de rachat est assujetti à la réception et l’acceptation par ou au nom de l’Agent de transfert, la Société et/ou le Gestionnaire d’un ordre de rachat valable. Sous réserve des dispositions de la section « Limites de rachat » dans le Prospectus, les ordres de rachat reçus et acceptés par ou au nom de l’Agent de transfert ou par la Société ou par le Gestionnaire avant l’Heure Limite de Négociation un Jour Ouvré seront traités à la valeur liquidative par Action déterminée ce Jour Ouvré.
| Souscription | Heure	Limite	de Négociation | Heure	de Règlement |
| --- | --- | --- |
| Souscriptions (autres que les Actions de Catégorie Z) | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |
| Souscriptions effectuées directement auprès de l’Agent de Transfert par des Investisseurs Institutionnels Éligibles/Actions de Catégorie Z | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | 15h30,	heure	de Londres J |
| Rachat | Heure	Limite	de Négociation | Heure	de Règlement |
| Tous les Rachats | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |


### LE CONSEILLER EN INVESTISSEMENT PAR DÉLÉGATION
Le Gestionnaire a désigné JCIL en tant que conseiller en investissement de la Société. À la date du présent Supplément, JCIL a délégué à JCM la responsabilité de fournir des services discrétionnaires de conseil et de gestion de portefeuille, concernant tout ou partie des actifs du Fonds.

### CHARGES ET COMMISSIONS
Les charges et commissions auxquelles est soumis tout investissement dans un Fonds (comprenant les droits d’entrée, les droits de sortie conditionnels différés (CDSC), l’ajustement de la dilution, une commission de gestion et une commission de distribution) sont décrits en détail dans le Prospectus à la section « Charges et Commissions », dont un résume figure ci-dessous. Les Charges et Commissions sur les Catégories d’Actions de capital peuvent imputer certaines commissions et charges sur le capital plutôt que sur les revenus.
| Type de commission | Actions de Catégorie A | Actions de Catégorie B | Actions de Catégorie E | Actions de Catégorie G | Actions de Catégorie H | Actions de Catégorie I | Actions de Catégorie S | Actions de Catégorie V | Actions de Catégorie Z |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Droit d'entrée | Jusqu'à 5,00 % du montant souscrit | S/O | Jusqu'à 3,00 % du montant souscrit | S/O | S/O | Jusqu'à 2,00 % du montant souscrit | Jusqu'à 2,00 % du montant souscrit | S/O | S/O |
| CDSC Moins d'un an depuis l’achat - à 2 ans
- à 3 ans
- à 4 ans Plus de 4 ansdepuis l’achat
 | S/O | 4 % 3 % 2 % 1 % 0 % | S/O | S/O | S/O | S/O | S/O | 3 % 2 % 1 % 0 % - | S/O |
| Commissions de services aux Actionnaires | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 1,25 % de la valeur liquidative | S/O | S/O | S/O | S/O | Jusqu'à 0,75 % de la valeur liquidative | S/O |

| Type de commission | Actions de Catégorie A | Actions de Catégorie B | Actions de Catégorie E | Actions de Catégorie G | Actions de Catégorie H | Actions de Catégorie I | Actions de Catégorie S | Actions de Catégorie V | Actions de Catégorie Z |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Commission de distribution | S/O | Jusqu'à 1,00 % de la valeur liquidative | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Commission de gestion d’investissem ent | Jusqu'à 1,00 % de la valeur liquidative | Jusqu'à 1,50 % de la valeur liquidative | Jusqu'à 1,50 % de la valeur liquidative | Jusqu'à 0,80 % de la valeur liquidative | Jusqu'à 0,80 % de la valeur liquidative | Jusqu'à 0,95 % de la valeur liquidative | Jusqu'à 0,95 % de la valeur liquidative | Jusqu'à 1,50 % de la valeur liquidative | Voir Prospectus |
| Commission de performance | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Charges et Commissions | 2,25 % de la valeur liquidative | 3,75 % de la valeur liquidative | 3,50 % de la valeur liquidative | 1,05 % de la valeur liquidative | 1,05 % de la valeur liquidative | 1,20 % de la valeur liquidative | 1,05 % de la valeur liquidative | 3,00 % de la valeur liquidative | Voir Prospectus |


### AJUSTEMENT DE DILUTION
Un ajustement de dilution peut être appliqué à la Valeur liquidative par Action du Fonds au cours d’un jour de négociation (i) si les souscriptions ou rachats nets dépassent le seuil déterminé à l’avance relatif à la Valeur liquidative du Fonds (lorsqu’un tel seuil est ponctuellement déterminé à l’avance pour le Fonds par le Gestionnaire) ou (ii) dans tout autre cas impliquant des souscriptions ou des rachats nets dans le Fonds, si le Gestionnaire ou ses délégués estiment raisonnablement que l’imposition d’un ajustement de dilution s’inscrira dans l’intérêt des Actionnaires existants.

### CATÉGORIES D’ACTIONS
Comme décrit plus particulièrement dans la section « Les Actions » du Prospectus, la Société propose 11 Catégories d’Actions avec diverses politiques de distribution, fréquences de distribution, politiques de couverture et devises dans chaque Catégorie. Le nouveau nom de chaque Catégorie d’Actions offertes par la Société permet aux Actionnaires d’identifier la politique de distribution, la fréquence de distribution, la politique de couverture et la devise d’une Catégorie en fonction de sous-classifications. Le tableau ci-dessous apporte des précisions sur les Catégories d’Actions approuvées par la Banque Centrale, ainsi que sur les Catégories disponibles à l’achat à la date du présent Supplément.
Si, pour une catégorie d’actions donnée d’un fonds donné, aucune émission n’avait préalablement été faite ou s’il est procédé à une réémission, une souscription initiale sera alors possible : (i) à la/aux date(s) devant être déterminée(s) par le Gestionnaire et communiquée(s) à l’avance à la Banque centrale et (ii) le prix de l’offre initiale et le prix de réémission stipulés dans le Prospectus à la section intitulée « Offres initiales de catégories d’actions ». Dans le cas d’un Fonds au titre duquel une ou plusieurs Catégories d’Actions sont déjà émises, le prix de l’offre initiale par Action pour toute Catégorie d’Actions supplémentaire émise en rapport avec ledit Fonds pourra correspondre à la valeur liquidative par Action desdites autres Catégories d’Actions du Fonds concerné tel que fixé par le Gestionnaire et communiqué à l’avance à la Banque Centrale, ainsi qu’aux Actionnaires potentiels.
| CATÉGORIES D’ACTIONS approuvées par la Banque Centrale à la date du présent Supplément |
| --- |
| Catégories libellées en Dollars américains | Catégories libellées en Euros | Catégories libellées en Livres sterling | Catégories libellées en Dollars de Hong Kong | Catégories libellées en Dollars australiens | Catégories libellées en Francs suisses | Catégories libellées en Dollars canadiens | Catégories libellées en Renminbi (CNH) | Catégories libellées en Couronnes suédoises | Catégories libellées en Dollars néo- zélandais | Catégories libellées en Dollars de Singapour |
| A2 USD B2 USD E2 USD I2 USD S2 USD H2 USD G2 USD V2 USD Z2 USD Z1 USD I1 USD H1 USD A1 USD | A2 HEUR B2 HEUR E2 HEUR I2 HEUR S2 HEUR H2 HEUR G2 HEUR V2 HEUR Z2 EUR A1 HEUR H1 HEUR | I2 HGBP I2 GBP S2 HGBP H2 HGBP H2 GBP G2 HGBP G2 GBP Z2 GBP Z2 HGBP | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF H2 HCHF G2 HCHF Z2 CHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD |

.

### Supplément concernant le Fonds Janus Henderson US Forty Fund

### Le présent Supplément est établi en date du 26 février 2021.
Le présent Supplément contient des informations spécifiques au fonds Janus Henderson US Forty Fund (le « Fonds »), un compartiment de Janus Henderson Capital Funds plc (la « Société »). La Société est un OPCVM établi sous la forme d’une société d’investissement à capital variable avec séparation des passifs entre les Fonds, constituée en Irlande et régie par la Banque centrale.
Ce Supplément fait partie intégrante du dernier Prospectus et doit être lu conjointement avec celui-ci. Le Prospectus peut être révisé ou complété de temps à autre. Les termes commençant par une majuscule utilisés dans le présent Supplément, qui n'ont pas été définis dans les présentes, ont la même signification que dans le Prospectus.

### RÉSUMÉ

### Les informations reprises sous ce titre constituent un résumé des principales caractéristiques du Fonds et doivent être lues conjointement avec le texte complet du Supplément.
| Catégories d’Actions | Des précisions sur les Catégories d'Actions sont présentées ci-dessous à la section intitulée « Catégories d’Actions ». |
| --- | --- |
| L’attention des investisseurs est attirée sur le fait qu’à la date du présent Supplément, seules certaines Catégories d’Actions du Fonds sont actuellement ouvertes à la souscription. En outre, toutes les Catégories d’Actions ne sont pas disponibles dans toutes les juridictions. Les investisseurs sont priés de se mettre en rapport avec l’Agent de Distribution pour obtenir la liste des Catégories d’Actions à leur disposition. |
| Fréquence des souscriptions, rachats et échanges | Sauf indication contraire des Administrateurs et/ou du Gestionnaire, les souscriptions, les rachats et les échanges d’Actions peuvent être effectués tout Jour Ouvré en suivant les procédures décrites dans les sections du Prospectus intitulées « Comment acheter des Actions », « Comment obtenir le rachat d’Actions » et « Comment échanger ou céder des Actions ». |
| Souscriptions minimales | Les souscriptions initiales et ultérieures minimales applicables à chaque Catégorie au sein du Fonds sont spécifiées dans la section du Prospectus intitulée « Comment acheter des Actions ». |
| Adaptation des Catégories | L’adaptation des Catégories et l’éligibilité des investisseurs pour des Catégories particulières sont décrites à la section intitulée « Les Actions » du Prospectus. |
| Devise de base | Dollar US |


### OBJECTIF ET POLITIQUES D’INVESTISSEMENT
L’objectif d’investissement de ce Fonds est la croissance à long terme du capital. Il poursuit son objectif en investissant au moins 80 % de sa valeur liquidative dans un portefeuille concentré de 20 à 40 actions (également appelées parts de société) de Sociétés américaines sélectionnées pour leur potentiel de croissance. Le montant total du Fonds pouvant être investi dans des titres négociés sur les Marchés en développement est de 10 % de la valeur liquidative du Fonds. Le Fonds investira généralement dans de grandes sociétés bien établies, et ce, dans tous les secteurs et industries. Le Fonds peut utiliser, à concurrence de 10 % de sa valeur liquidative, des techniques et instruments d’investissement tels que des contrats à terme normalisés, des options, des swaps et d’autres instruments financiers dérivés à des fins d’investissement, sous réserve des conditions et limites stipulées ponctuellement par la Banque Centrale.

### Objectif de performance : Surperformer l’indice Russell 1000® Growth d’au moins 2,5 % par an, avant déduction des frais, sur toute période de 5 ans.
Le Fonds est géré activement en fonction de l’indice Russell 1000® Growth, qui est largement représentatif des sociétés dans lesquelles il peut investir et sur la base duquel l’objectif de performance du Fonds est défini. Le Conseiller en Investissement par Délégation peut, en toute liberté, mettre en pratique ses convictions, ce qui peut créer un déséquilibre important au sein du portefeuille. Le Fonds peut détenir des sociétés qui ne font pas partie de l’indice. Les détails de la performance du Fonds sont disponibles dans les rapports annuels et semestriels, les documents de commercialisation et dans le DICI. Rien ne garantit que la performance du Fonds sera égale ou supérieure à cet indice de référence.
Le Conseiller en Investissement par Délégation cherche à identifier les sociétés robustes dotées d’avantages concurrentiels durables qui améliorent leurs retours sur le capital. Les sociétés sont considérées principalement en fonction de leurs propres caractéristiques qualitatives et quantitatives fondamentales. Généralement qualifiés d’investissements suivant une approche ascendante ou de sélection des titres, les portefeuilles de fonds d’investissement axés sur les caractéristiques fondamentales sont constitués un titre à la fois, après une recherche interne à l’égard de chaque société. Les domaines d’intérêt peuvent cibler la direction de la société, ses finances, ses avantages concurrentiels et ses faiblesses, ses perspectives de croissance de revenus et plusieurs autres paramètres. Cette approche se fonde sur la conviction que certaines sociétés ont des forces inhérentes en matière de création de valeur pour les actionnaires au fil du temps, ont de meilleures perspectives que leurs homologues et devraient donc surclasser l’industrie, même dans des industries ou des circonstances économiques difficiles. L’objectif d’une approche d’investissement fondamentale est d’identifier et d’investir dans de telles sociétés.
Le Fonds peut investir dans tous les types de valeurs mobilières, sous réserve des limites définies dans les présentes. Le Fonds peut investir jusqu’à concurrence de 20 % de sa valeur liquidative dans des titres émis par des Émetteurs non Américains. De manière générale, ces investissements non américains seront négociés sur des Marchés Réglementés qui ne sont pas considérés comme des Marchés en développement.
Le Fonds peut investir jusqu’à concurrence de 10 % de sa valeur liquidative dans des titres adossés à prêts hypothécaires et à des actifs émis ou garantis par un gouvernement d’un pays membre de l’OCDE, ou ses organismes ou démembrements ou par des émetteurs privés, et dont la notation peut être inférieure aux notations de Premier Ordre telles qu’attribuées par les principales agences de notation.
Le Fonds peut investir la quasi-totalité de ses actifs en actions, dans la mesure où le Conseiller en investissement par délégation estime que les marchés concernés bénéficient d’une conjoncture favorable à un investissement rentable dans ces valeurs. Les titres sont généralement sélectionnés par le Conseiller en investissement par délégation sans considération du secteur d’activité ou d’autres critères de sélection semblables ; le Fonds n’a pas vocation à être spécialisé dans un secteur d’activité donné.

### L’obtention de revenus n'est pas un critère d’investissement important pour le Fonds.
Le pourcentage des actifs du Fonds investis en Actions variera et, selon les conditions de marché analysées par le Conseiller en Investissement par Délégation, le Fonds peut détenir, à titre accessoire dans son portefeuille, des liquidités ou des titres à court terme portant intérêt, tels que des Titres d’État ou des Titres de Créance. Le Fonds peut investir, dans une moindre mesure, dans d’autres types de valeurs, notamment des Actions de préférence, des Titres d’État, des Titres de Créance, des warrants et des titres convertibles en Actions, quand le Conseiller en Investissement par Délégation concerné perçoit une opportunité de croissance du capital sur ces titres. Le Fonds peut investir jusqu’à 15 % de sa valeur liquidative en Titres de Créance (y compris des obligations à haut rendement/risque) ou en Titres d'État ne bénéficiant pas d’une notation de Premier Ordre. Le Fonds peut investir, directement ou indirectement (à savoir par l’intermédiaire de certificats américains d’actions étrangères, de certificats européens d’actions étrangères et de certificats internationaux d’actions étrangères) sur les marchés concernés. Le Fonds peut également investir jusqu’à concurrence de 5 % de sa valeur liquidative en titres à coupon zéro, en titres payant leurs intérêts en nature et en Titres à Coupon Progressif ainsi que, sans limitation, en Titres Indexés/Structurés. Les obligations payant leurs intérêts en nature sont des obligations qui peuvent payer leurs intérêts sous la forme d’obligations supplémentaires de même nature.
Le Fonds pourra investir jusqu’à concurrence de 5 % de sa valeur liquidative dans des titres d’autres Organismes de placement collectif admissibles. Un tel investissement englobe la possibilité d’investir dans d’autres Fonds. Cependant, le Fonds ne peut pas investir dans un autre Fonds détenant lui-même des Actions
d’un autre Fonds. Lorsqu'il investit dans un autre Fonds, le Fonds ne peut pas prélever une commission annuelle de gestion de portefeuille et/ou de gestion administrative pour ce qui concerne la fraction de ses actifs qui sont investis dans l'autre Fonds.
Le Conseiller en Investissement par Délégation adopte généralement une approche ascendante envers la constitution de portefeuilles. En d’autres termes, ils veulent identifier les sociétés robustes dotées d’avantages concurrentiels durables qui améliorent leurs retours sur le capital. Le Fonds suit une stratégie d’investissement selon laquelle les sociétés sont jugées principalement en fonction de leurs caractéristiques qualitatives et quantitatives fondamentales. Communément appelé la sélection de titres ou l’investissement ascendant, les portefeuilles de fonds d’investissement axés sur les caractéristiques fondamentales sont constitués un titre à la fois, après des recherches internes intensives à l’égard de chaque société. Les domaines de recherche peuvent cibler la direction de la société, ses finances, ses avantages concurrentiels et ses faiblesses, ses perspectives de croissance de revenus et plusieurs autres paramètres. Cette approche se fonde sur la conviction que certaines sociétés ont des forces inhérentes en matière de création de valeur pour les actionnaires au fil du temps, ont de meilleures perspectives que leurs homologues et devraient donc surclasser l’industrie, même dans des industries ou des circonstances économiques difficiles. L’objectif d’une approche d’investissement fondamentale est d’identifier et d’investir dans de telles sociétés.
Le Fonds peut investir en instruments financiers dérivés à des fins de gestion efficace du portefeuille. Les investissements du Fonds en instruments dérivés seront soumis aux limites stipulées dans la politique d’investissement du Fonds ainsi qu’aux conditions et limites éventuellement stipulées par la Banque centrale. Dans certaines circonstances, le Fonds utilisera des instruments financiers dérivés comme levier. Le Fonds est autorisé à des fins d’investissement à investir jusqu’à 10 % de sa valeur liquidative dans des instruments financiers dérivés. Le montant maximal d’effet de levier (lorsqu’il est calculé en utilisant l’approche d’engagement) que le Fonds peut créer grâce à l’utilisation d’instruments financiers dérivés est de 100 % de la valeur liquidative du Fonds. Lorsque le risque de marché du Fonds est mesuré à l’aide de l’approche de la valeur à risque (« VaR »), l’effet de levier du Fonds est calculé à partir de la somme des montants notionnels des produits dérivés détenus par le Fonds ; les détails relatifs à l’effet de levier sont présentés dans les présentes dans les politiques d’investissement du Fonds. Toutefois, les Actionnaires doivent noter que, compte tenu de la nature des instruments dérivés et du fait que ces instruments peuvent être négociés à la marge, un relativement faible mouvement défavorable du cours du sous-jacent d’un instrument dérivé donné peut entraîner des mouvements immédiats et importants de l’exposition du Fonds à cet instrument dérivé. Si les limites d’exposition liées à un instrument dérivé devaient être supérieures pour des raisons échappant au contrôle du Fonds, celui-ci aura pour priorité de remédier à cette situation en tenant compte des intérêts de ses Actionnaires.

### UTILISATION DE MESURES DÉFENSIVES TEMPORAIRES
Dans certaines circonstances, à titre temporaire et exceptionnel, lorsque le Conseiller en Investissement par Délégation concerné estime qu’il en va de l’intérêt des Actionnaires, le Fonds pourra effectuer quelques entorses à ses politiques d’investissement telles qu’elles figurent ci-dessus. Pour de plus amples informations, se référer à la section « Utilisation de mesures défensives temporaires » du Prospectus.

### PROFIL DE L’INVESTISSEUR TYPE

### Le Fonds s’adresse à une grande diversité d’investisseurs, qui recherchent l’accès à un portefeuille géré dans le respect d’un objectif et d’une politique d’investissement spécifiques.
L’investisseur potentiel doit choisir la Catégorie qui correspond le mieux à ses besoins. En sélectionnant une Catégorie, les investisseurs potentiels doivent prendre en considération les éléments suivants :
- le montant qu’ils prévoient d’investir ;
- la durée de détention prévue des Actions ;
- les frais payés au titre de chaque Catégorie ;
- l’admissibilité des Actionnaires au bénéfice d’une renonciation ou d’un abandon des droits d’entrée ;
- la devise de la catégorie d’actions.


### LIMITES D'INVESTISSEMENTS

### Chacun des investissements du Fonds sera limité aux investissements autorisés par le Règlement sur les OPCVM et d'autres limites applicables stipulées à l'Annexe 4 du Prospectus.

### UTILISATION D’INSTRUMENTS ET DE TECHNIQUES D’INVESTISSEMENT ET D’INSTRUMENTS FINANCIERS DÉRIVÉS
Sous réserve de la capacité du Fonds à investir jusqu'à 10 % de sa valeur liquidative dans des instruments financiers dérivés à des fins d'investissement, comme indiqué à la section « Objectif et Politiques d’investissement » ci-dessus, le Conseillers en Investissement par Délégation peut seulement employer des instruments et des techniques d’investissement tels que des contrats à terme normalisés, des options, des swaps et autres instruments financiers dérivés pour une gestion efficace du portefeuille (à savoir une réduction des risques, une réduction des coûts et la génération de capital ou de revenu supplémentaire pour le Fonds) et le Conseiller en Investissement par Délégation est tenu de se conformer aux conditions et restrictions stipulées périodiquement par la Banque centrale. De plus amples informations figurent aux sections

### « Utilisation d'instruments et de techniques d'investissement et d'instruments financiers dérivés » et « Types et description d'instruments financiers dérivés » du Prospectus.
La principale méthode de calcul de l’exposition globale pour le Fonds est l'approche d'engagement. Cependant, le modèle de la VaR ne sera utilisé que lorsque le volume d’instruments dérivés utilisé est plus élevé ou la mise en œuvre des stratégies de produits dérivés est plus complexe ou lorsque le profil de risque du Fonds a connu un certain changement.

### RÈGLEMENTATION DES OPÉRATIONS DE FINANCEMENT DE TITRES
Comme décrit plus particulièrement dans la section « Réglementation des opérations de financement de titres » du Prospectus, sous réserve des limites d’investissement indiquées en Annexe 4 du Prospectus, ainsi que des limites d’investissement définies à la section « Objectif et politiques d’investissement » du Supplément : (a) en ce qui concerne les investissements autorisés dans les swaps sur rendement total, le Fonds peut investir au maximum 10 % de sa Valeur liquidative ; et (b) le Fonds peut investir au maximum 100
% de sa Valeur liquidative dans des Opérations de financement sur titres. Sous réserve des limites susmentionnées, le Fonds devrait en général investir entre 0 et 20 % de sa Valeur liquidative dans des swaps sur rendement total et des Opérations de financement sur titres.

### FACTEURS DE RISQUE ET CONSIDÉRATIONS PARTICULIÈRES
L’attention des investisseurs est attirée sur les facteurs de risque et autres considérations particulières qui sont décrits dans le Prospectus à la section intitulée « Facteurs de risque et considérations particulières » et qui peuvent affecter le Fonds. Cette liste de facteurs de risque liés aux investissements dans le Fonds n’est pas exhaustive, et l’attention de l’investisseur est attirée sur la description des instruments financiers qui apparaît à la section « Objectifs et politiques d’investissement » ci-dessus.

### POLITIQUE DE DISTRIBUTION
Telles que décrites plus particulièrement dans le Prospectus à la section « Les Actions » et dans le Supplément à la section intitulée « Catégories d'Actions », les Catégories d’Actions de Distribution peuvent différer en termes de fréquence de distribution. Les Catégories d’Actions de Distribution peuvent effectuer des distributions de façon mensuelle, trimestrielle, semestrielle ou annuelle, tel que déterminé moment du lancement de la Catégorie d’Actions concernée. La fréquence de distribution des Catégories d’Actions est indiquée dans le tableau ci-dessous :
| Fréquence de distribution | Dates de déclaration de distribution |
| --- | --- |
| Catégories d’Actions de capitalisation |
| Sans objet | Sans objet |
| Catégories d’Actions de Distribution |
| Mensuelle | Mensuelle, en principe le 15 de chaque mois à moins que ce jour ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Trimestrielle | Trimestrielle, en principe le 15 février, 15 mai, 15 août et 15 novembre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution aura lieu le dernier Jour Ouvré qui précède les dates mentionnées. |
| Semestrielle | Semestrielle, en principe le 15 mai et le 15 novembre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Annuelle | Annuelle, en principe le 15 mai à moins qu’il ne s’agisse pas d’un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède la date mentionnée. |


### HEURES LIMITES DE NÉGOCIATION ET HEURES DE RÈGLEMENT
Les ordres de souscription d’Actions reçus et acceptés par ou au nom de l’Agent de transfert ou la Société et/ou le Gestionnaire avant l’Heure Limite de Négociation au cours d’un Jour Ouvré repris dans les tableaux ci-dessous seront traités au prix de l’offre déterminé ce Jour Ouvré. Les ordres de souscription d’Actions reçus par ou au nom de l’Agent transfert ou de la Société et/ou du Gestionnaire après l’Heure Limite de Négociation un Jour Ouvré seront traités au prix de l’offre déterminé le Jour Ouvré suivant. Si le paiement des ordres de souscription n’est pas reçu à l’Heure de Règlement correspondante, une souscription peut être annulée ou l’Actionnaire peut être amené à payer des intérêts sur les montants de souscription non soldés aux taux normaux en vigueur. Dans ce cas, l’Agent de Distribution ou l’Actionnaire peut être tenu responsable de toute perte subie par le Fonds.
Le traitement des ordres de rachat est assujetti à la réception et l’acceptation par ou au nom de l’Agent de transfert, la Société et/ou le Gestionnaire d’un ordre de rachat valable. Sous réserve des dispositions de la section « Limites de rachat » dans le Prospectus, les ordres de rachat reçus et acceptés par ou au nom de l’Agent de transfert ou par la Société ou par le Gestionnaire avant l’Heure Limite de Négociation un Jour Ouvré seront traités à la valeur liquidative par Action déterminée ce Jour Ouvré.
| Souscription | Heure Limite de Négociation | Heure de Règlement |
| --- | --- | --- |
| Souscriptions (autres que les Actions de Catégorie Z) | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |
| Souscriptions effectuées directement auprès de l’Agent de Transfert par des Investisseurs Institutionnels Éligibles/Actions de Catégorie Z | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | 15h30, heure de Londres J |
| Rachat | Heure Limite de Négociation | Heure de Règlement |
| Tous les Rachats | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |


### LE CONSEILLER EN INVESTISSEMENT PAR DÉLÉGATION
Le Gestionnaire a désigné JCIL en tant que conseiller en investissement de la Société. À la date du présent Supplément, JCIL a délégué à JCM la responsabilité de fournir des services discrétionnaires de conseil et de gestion de portefeuille, concernant tout ou partie des actifs du Fonds.

### CHARGES ET COMMISSIONS
Les charges et commissions auxquelles est soumis tout investissement dans un Fonds (comprenant les droits d’entrée, les droits de sortie conditionnels différés (CDSC), l’ajustement de la dilution, une commission de gestion et une commission de distribution) sont décrits en détail dans le Prospectus à la section « Charges et Commissions », dont un résume figure ci-dessous. Les Charges et Commissions sur les Catégories d’Actions de capital peuvent imputer certaines commissions et charges sur le capital plutôt que sur les revenus.
| Type de commission | Actions de Catégorie A | Actions de Catégorie B | Actions de Catégorie E | Actions de Catégorie G | Actions de Catégorie H | Actions de Catégorie I | Actions de Catégorie S | Actions de Catégorie V | Actions de Catégorie Z |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Droit d'entrée | Jusqu'à 5,00 % du montant souscrit | S/O | Jusqu'à 3,00 % du montant souscrit | S/O | S/O | Jusqu'à 2,00 % du montant souscrit | Jusqu'à 2,00 % du montant souscrit | S/O | S/O |
| CDSC Moins d'un an depuis l’achat - à 2 ans
- à 3 ans
- à 4 ans Plus de 4 ansdepuis l’achat
 | S/O | 4 % 3 % 2 % 1 % 0 % | S/O | S/O | S/O | S/O | S/O | 3 % 2 % 1 % 0 % - | S/O |
| Commissions de services aux Actionnaires | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 1,25 % de la valeur liquidative | S/O | S/O | S/O | S/O | Jusqu'à 0,75 % de la valeur liquidative | S/O |

| Type de commission | Actions de Catégorie A | Actions de Catégorie B | Actions de Catégorie E | Actions de Catégorie G | Actions de Catégorie H | Actions de Catégorie I | Actions de Catégorie S | Actions de Catégorie V | Actions de Catégorie Z |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Commission de distribution | S/O | Jusqu'à 1,00 % de la valeur liquidative | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Commission de gestion d’investissem ent | Jusqu'à 1,25 % de la valeur liquidative | Jusqu'à 1,25 % de la valeur liquidative | Jusqu'à 1,25 % de la valeur liquidative | Jusqu'à 0,80 % de la valeur liquidative | Jusqu'à 0,80 % de la valeur liquidative | Jusqu'à 0,95 % de la valeur liquidative | Jusqu'à 0,95 % de la valeur liquidative | Jusqu'à 1,25 % de la valeur liquidative | Voir Prospectus |
| Commission de performance | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Charges et Commissions | 2,50 % de la valeur liquidative | 3,50 % de la valeur liquidative | 3,00 % de la valeur liquidative | 1,05 % de la valeur liquidative | 1,05 % de la valeur liquidative | 1,20 % de la valeur liquidative | 1,05 % de la valeur liquidative | 2,50 % de la valeur liquidative | Voir Prospectus |


### AJUSTEMENT DE DILUTION
Un ajustement de dilution peut être appliqué à la Valeur liquidative par Action du Fonds au cours d’un jour de négociation (i) si les souscriptions ou rachats nets dépassent le seuil déterminé à l’avance relatif à la Valeur liquidative du Fonds (lorsqu’un tel seuil est ponctuellement déterminé à l’avance pour le Fonds par le Gestionnaire) ou (ii) dans tout autre cas impliquant des souscriptions ou des rachats nets dans le Fonds, si le Gestionnaire ou ses délégués estiment raisonnablement que l’imposition d’un ajustement de dilution s’inscrira dans l’intérêt des Actionnaires existants.

### CATÉGORIES D’ACTIONS
Comme décrit plus particulièrement dans la section « Les Actions » du Prospectus, la Société propose 11 Catégories d’Actions avec diverses politiques de distribution, fréquences de distribution, politiques de couverture et devises dans chaque Catégorie. Le nouveau nom de chaque Catégorie d’Actions offertes par la Société permet aux Actionnaires d’identifier la politique de distribution, la fréquence de distribution, la politique de couverture et la devise d’une Catégorie en fonction de sous-classifications. Le tableau ci-dessous apporte des précisions sur les Catégories d’Actions approuvées par la Banque Centrale, ainsi que sur les Catégories disponibles à l’achat à la date du présent Supplément.
Si, pour une catégorie d’actions donnée d’un fonds donné, aucune émission n’avait préalablement été faite ou s’il est procédé à une réémission, une souscription initiale sera alors possible : (i) à la/aux date(s) devant être déterminée(s) par le Gestionnaire et communiquée(s) à l’avance à la Banque centrale et (ii) le prix de l’offre initiale et le prix de réémission stipulés dans le Prospectus à la section intitulée « Offres initiales de catégories d’actions ». Dans le cas d’un Fonds au titre duquel une ou plusieurs Catégories d’Actions sont déjà émises, le prix de l’offre initiale par Action pour toute Catégorie d’Actions supplémentaire émise en rapport avec ledit Fonds pourra correspondre à la valeur liquidative par Action desdites autres Catégories d’Actions du Fonds concerné tel que fixé par le Gestionnaire et communiqué à l’avance à la Banque Centrale, ainsi qu’aux Actionnaires potentiels.
| CATÉGORIES D’ACTIONS approuvées par la Banque Centrale à la date du présent Supplément |
| --- |
| Catégories libellées en Dollars américains | Catégories libellées en Euros | Catégories libellées en Livres sterling | Catégories libellées en Dollars de Hong Kong | Catégories libellées en Dollars australiens | Catégories libellées en Francs suisses | Catégories libellées en Dollars canadiens | Catégories libellées en Renminbi (CNH) | Catégories libellées en Couronnes suédoises | Catégories libellées en Dollars néo- zélandais | Catégories libellées en Dollars de Singapour |
| A2 USD B2 USD E2 USD I2 USD S2 USD H2 USD G2 USD V2 USD Z2 USD I1 USD H1 USD A1 USD | A2 HEUR B2 HEUR E2 HEUR I2 HEUR I2 EUR S2 HEUR H2 HEUR G2 HEUR V2 HEUR Z2 EUR A1 HEUR H1 HEUR | I2 HGBP I2 GBP S2 HGBP H2 HGBP H2 GBP G2 HGBP G2 GBP Z2 GBP Z2 HGBP * | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF Z2 CHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD |


### Supplément concernant le Fonds Janus Henderson US Venture Fund

### Le présent Supplément est établi en date du 26 février 2021.
Le présent Supplément contient des informations spécifiques au fonds Janus Henderson US Venture Fund (le « Fonds »), un compartiment de Janus Henderson Capital Funds plc (la « Société »). La Société est un OPCVM établi sous la forme d’une société d’investissement à capital variable avec séparation des passifs entre les Fonds, constituée en Irlande et régie par la Banque centrale.
Ce Supplément fait partie intégrante du dernier Prospectus et doit être lu conjointement avec celui-ci. Le Prospectus peut être révisé ou complété de temps à autre. Les termes commençant par une majuscule utilisés dans le présent Supplément, qui n'ont pas été définis dans les présentes, ont la même signification que dans le Prospectus.

### RÉSUMÉ

### Les informations reprises sous ce titre constituent un résumé des principales caractéristiques du Fonds et doivent être lues conjointement avec le texte complet du Supplément.
| Catégories d’Actions | Des précisions sur les Catégories d'Actions sont présentées ci-dessous à la section intitulée « Catégories d’Actions ». |
| --- | --- |
| L’attention des investisseurs est attirée sur le fait qu’à la date du présent Supplément, seules certaines Catégories d’Actions du Fonds sont actuellement ouvertes à la souscription. En outre, toutes les Catégories d’Actions ne sont pas disponibles dans toutes les juridictions. Les investisseurs sont priés de se mettre en rapport avec l’Agent de Distribution pour obtenir la liste des Catégories d’Actions à leur disposition. |
| Fréquence des souscriptions, rachats et échanges | Sauf indication contraire des Administrateurs et/ou du Gestionnaire, les souscriptions, les rachats et les échanges d’Actions peuvent être effectués tout Jour Ouvré en suivant les procédures décrites dans les sections du Prospectus intitulées « Comment acheter des Actions », « Comment obtenir le rachat d’Actions » et « Comment échanger ou céder des Actions ». |
| Souscriptions minimales | Les souscriptions initiales et ultérieures minimales applicables à chaque Catégorie au sein du Fonds sont spécifiées dans la section du Prospectus intitulée « Comment acheter des Actions ». |
| Adaptation des Catégories | L’adaptation des Catégories et l’éligibilité des investisseurs pour des Catégories particulières sont décrites à la section intitulée « Les Actions » du Prospectus. |
| Devise de base | Dollar US |


### OBJECTIF ET POLITIQUES D’INVESTISSEMENT
L’objectif d’investissement du Fonds est la valorisation du capital. Le Fonds poursuit son objectif en investissant au moins 80 % de sa valeur liquidative en actions (également appelées parts de société) de Sociétés Américaines. Au moins 50 % de sa valeur liquidative est investie dans des petites Sociétés Américaines définies comme des entreprises dont la capitalisation boursière, au moment de l’acquisition initiale, se trouve dans le panel des sociétés de l’indice Russell 2000® Growth. Les sociétés dont la capitalisation boursière croit et sort donc de ce panel après l’achat initial effectué par le Fonds continuent cependant à être considérées comme étant de petite taille. Le Fonds peut également investir dans des sociétés de plus grande taille offrant un fort potentiel de croissance ou dans des sociétés de plus grande taille jouissant d’une forte notoriété et offrant un potentiel de valorisation de leur capital et sans limite entre les industries et les secteurs. Le montant total du Fonds pouvant être investi dans des titres négociés sur les Marchés en développement est de 10 % de la valeur liquidative du Fonds. Le Fonds peut utiliser, à concurrence de 10 % de sa valeur liquidative, des techniques et instruments d’investissement tels que des
contrats à terme normalisés, des options, des swaps et d’autres instruments financiers dérivés à des fins d’investissement, sous réserve des conditions et limites stipulées ponctuellement par la Banque Centrale.

### Objectif de performance : Surperformer l’indice Russell 2000® Growth de 2 % par an, avant déduction des frais, sur toute période de 5 ans.
Le Fonds est géré activement en fonction de l’indice Russell 2000® Growth, qui est largement représentatif des sociétés dans lesquelles il peut investir et sur la base duquel l’objectif de performance du Fonds est défini. Le Conseiller en Investissement par Délégation a le pouvoir discrétionnaire de choisir des investissements individuels pour le Fonds avec des pondérations différentes de l’indice ou n’y figurant pas, même si le Fonds peut parfois détenir des investissements similaires à l’indice. Les détails de la performance du Fonds sont disponibles dans les rapports annuels et semestriels, les documents de commercialisation et dans le DICI. Rien ne garantit que la performance du Fonds sera égale ou supérieure à cet indice de référence.
Le Conseiller en Investissement par Délégation suit une stratégie fondamentale, axée sur la recherche, consistant à identifier des sociétés innovantes possédant des avantages concurrentiels distincts qui leur permettent de protéger leur part de marché et/ou de maintenir un niveau approprié de rentabilité. Généralement qualifiés d’investissements suivant une approche ascendante ou de sélection des titres, les portefeuilles d’investissements axés sur les caractéristiques fondamentales sont constitués un titre à la fois, après des recherches internes intensives à l’égard de chaque société. Les domaines de recherche peuvent cibler la direction de la société, ses finances, ses avantages concurrentiels et ses faiblesses, ses perspectives de croissance de revenus et plusieurs autres paramètres. Cette approche se fonde sur la conviction que certaines sociétés ont des forces inhérentes en matière de création de valeur pour les actionnaires au fil du temps, ont de meilleures perspectives que leurs homologues et devraient donc surclasser l’industrie, même dans des circonstances industrielles ou économiques difficiles. L’objectif d’une approche d’investissement fondamentale est d’identifier et d’investir dans de telles sociétés.
Le Fonds peut investir dans tous les types de valeurs mobilières, sous réserve des limites définies dans les présentes. Le Fonds peut investir jusqu’à concurrence de 20 % de sa valeur liquidative dans des titres émis par des Émetteurs non Américains. De manière générale, ces investissements non américains seront négociés sur des Marchés Réglementés qui ne sont pas considérés comme des Marchés en développement.
Le Fonds peut investir jusqu’à concurrence de 10 % de sa valeur liquidative dans des titres adossés à prêts hypothécaires et à des actifs émis ou garantis par un gouvernement d’un pays membre de l’OCDE, ou ses organismes ou démembrements ou par des émetteurs privés, et dont la notation peut être inférieure aux notations de Premier Ordre telles qu’attribuées par les principales agences de notation.
Le Fonds peut investir la quasi-totalité de ses actifs en actions, dans la mesure où le Conseiller en investissement par délégation estime que les marchés concernés bénéficient d’une conjoncture favorable à un investissement rentable dans ces valeurs. Les titres sont généralement sélectionnés par le Conseiller en investissement par délégation sans considération du secteur d’activité ou d’autres critères de sélection semblables ; le Fonds n’a pas vocation à être spécialisé dans un secteur d’activité donné.

### L’obtention de revenus n'est pas un critère d’investissement important pour le Fonds.
Le pourcentage des actifs du Fonds investis en Actions variera et, selon les conditions de marché analysées par le Conseiller en Investissement par Délégation, le Fonds peut détenir, à titre accessoire dans son portefeuille, des liquidités ou des titres à court terme portant intérêt, tels que des Titres d’État ou des Titres de Créance. Le Fonds peut investir, dans une moindre mesure, dans d’autres types de valeurs, notamment des Actions de préférence, des Titres d’État, des Titres de Créance, des warrants et des titres convertibles en Actions, quand le Conseiller en Investissement par Délégation concerné perçoit une opportunité de croissance du capital sur ces titres. Le Fonds peut investir jusqu’à 15 % de sa valeur liquidative en Titres de Créance (y compris des obligations à haut rendement/risque) ou en Titres d'État ne bénéficiant pas d’une notation de Premier Ordre. Le Fonds peut investir, directement ou indirectement (à savoir par l’intermédiaire de certificats américains d’actions étrangères, de certificats européens d’actions étrangères et de certificats internationaux d’actions étrangères) sur les marchés concernés. Le Fonds peut également investir jusqu’à concurrence de 5 % de sa valeur liquidative en titres à coupon zéro, en titres payant leurs intérêts en nature et en Titres à Coupon Progressif ainsi que, sans limitation, en Titres Indexés/Structurés. Les obligations payant leurs intérêts

### en nature sont des obligations qui peuvent payer leurs intérêts sous la forme d’obligations supplémentaires de même nature.
Le Fonds pourra investir jusqu’à concurrence de 5 % de sa valeur liquidative dans des titres d’autres Organismes de placement collectif admissibles. Un tel investissement englobe la possibilité d’investir dans d’autres Fonds. Cependant, le Fonds ne peut pas investir dans un autre Fonds détenant lui-même des Actions d’un autre Fonds. Lorsqu'il investit dans un autre Fonds, le Fonds ne peut pas prélever une commission annuelle de gestion de portefeuille et/ou de gestion administrative pour ce qui concerne la fraction de ses actifs qui sont investis dans l'autre Fonds.
Le Conseiller en Investissement par Délégation adopte généralement une approche ascendante envers la constitution de portefeuilles. En d’autres termes, ils veulent identifier les sociétés robustes dotées d’avantages concurrentiels durables qui améliorent leurs retours sur le capital. Le Fonds suit une stratégie d’investissement selon laquelle les sociétés sont jugées principalement en fonction de leurs caractéristiques qualitatives et quantitatives fondamentales. Communément appelé la sélection de titres ou l’investissement ascendant, les portefeuilles de fonds d’investissement axés sur les caractéristiques fondamentales sont constitués un titre à la fois, après des recherches internes intensives à l’égard de chaque société. Les domaines de recherche peuvent cibler la direction de la société, ses finances, ses avantages concurrentiels et ses faiblesses, ses perspectives de croissance de revenus et plusieurs autres paramètres. Cette approche se fonde sur la conviction que certaines sociétés ont des forces inhérentes en matière de création de valeur pour les actionnaires au fil du temps, ont de meilleures perspectives que leurs homologues et devraient donc surclasser l’industrie, même dans des industries ou des circonstances économiques difficiles. L’objectif d’une approche d’investissement fondamentale est d’identifier et d’investir dans de telles sociétés.
Le Fonds peut investir en instruments financiers dérivés à des fins de gestion efficace du portefeuille. Les investissements du Fonds en instruments dérivés seront soumis aux limites stipulées dans la politique d’investissement du Fonds ainsi qu’aux conditions et limites éventuellement stipulées par la Banque centrale. Dans certaines circonstances, le Fonds utilisera des instruments financiers dérivés comme levier. Le Fonds est autorisé à des fins d’investissement à investir jusqu’à 10 % de sa valeur liquidative dans des instruments financiers dérivés. Le montant maximal d’effet de levier (lorsqu’il est calculé en utilisant l’approche d’engagement) que le Fonds peut créer grâce à l’utilisation d’instruments financiers dérivés est de 100 % de la valeur liquidative du Fonds.Lorsque le risque de marché du Fonds est mesuré à l’aide de l’approche de la valeur à risque (« VaR »), l’effet de levier du Fonds est calculé à partir de la somme des montants notionnels des produits dérivés détenus par le Fonds ; les détails relatifs à l’effet de levier sont présentés dans les présentes dans les politiques d’investissement du Fonds. Toutefois, les Actionnaires doivent noter que, compte tenu de la nature des instruments dérivés et du fait que ces instruments peuvent être négociés à la marge, un relativement faible mouvement défavorable du cours du sous-jacent d’un instrument dérivé donné peut entraîner des mouvements immédiats et importants de l’exposition du Fonds à cet instrument dérivé. Si les limites d’exposition liées à un instrument dérivé devaient être supérieures pour des raisons échappant au contrôle du Fonds, celui-ci aura pour priorité de remédier à cette situation en tenant compte des intérêts de ses Actionnaires.

### UTILISATION DE MESURES DÉFENSIVES TEMPORAIRES
Dans certaines circonstances, à titre temporaire et exceptionnel, lorsque le Conseiller en Investissement ou le Conseiller en Investissement par Délégation concerné estime qu’il en va de l’intérêt des Actionnaires, le Fonds pourra effectuer quelques entorses à ses politiques d’investissement telles qu’elles figurent ci-dessus. Pour de plus amples informations, se référer à la section « Utilisation de mesures défensives temporaires » du Prospectus.

### PROFIL DE L’INVESTISSEUR TYPE

### Le Fonds s’adresse à une grande diversité d’investisseurs, qui recherchent l’accès à un portefeuille géré dans le respect d’un objectif et d’une politique d’investissement spécifiques.
L’investisseur potentiel doit choisir la Catégorie qui correspond le mieux à ses besoins. En sélectionnant une Catégorie, les investisseurs potentiels doivent prendre en considération les éléments suivants :
- le montant qu’ils prévoient d’investir ;
- la durée de détention prévue des Actions ;
- les frais payés au titre de chaque Catégorie ;
- l’admissibilité des Actionnaires au bénéfice d’une renonciation ou d’un abandon des droits d’entrée ;
- la devise de la catégorie d’actions.


### LIMITES D'INVESTISSEMENTS

### Chacun des investissements du Fonds sera limité aux investissements autorisés par le Règlement sur les OPCVM et d'autres limites applicables stipulées à l'Annexe 4 du Prospectus.

### UTILISATION D’INSTRUMENTS ET DE TECHNIQUES D’INVESTISSEMENT ET D’INSTRUMENTS FINANCIERS DÉRIVÉS
Sous réserve de la capacité du Fonds à investir jusqu'à 10 % de sa valeur liquidative dans des instruments financiers dérivés à des fins d'investissement, comme indiqué à la section « Objectif et Politiques d’investissement » ci-dessus, le Conseillers en Investissement par Délégation peut seulement employer des instruments et des techniques d’investissement tels que des contrats à terme normalisés, des options, des swaps et autres instruments financiers dérivés pour une gestion efficace du portefeuille (à savoir une réduction des risques, une réduction des coûts et la génération de capital ou de revenu supplémentaire pour le Fonds) et le Conseiller en Investissement par Délégation est tenu de se conformer aux conditions et restrictions stipulées périodiquement par la Banque centrale. De plus amples informations figurent aux sections

### « Utilisation d'instruments et de techniques d'investissement et d'instruments financiers dérivés » et « Types et description d'instruments financiers dérivés » du Prospectus.
La principale méthode de calcul de l’exposition globale pour le Fonds est l'approche d'engagement. Cependant, le modèle de la VaR ne sera utilisé que lorsque le volume d’instruments dérivés utilisé est plus élevé ou la mise en œuvre des stratégies de produits dérivés est plus complexe ou lorsque le profil de risque du Fonds a connu un certain changement.

### RÈGLEMENTATION DES OPÉRATIONS DE FINANCEMENT DE TITRES
Comme décrit plus particulièrement dans la section « Réglementation des opérations de financement de titres » du Prospectus, sous réserve des limites d’investissement indiquées en Annexe 4 du Prospectus, ainsi que des limites d’investissement définies à la section « Objectif et politiques d’investissement » du Supplément : (a) en ce qui concerne les investissements autorisés dans les swaps sur rendement total, le Fonds peut investir au maximum 10 % de sa Valeur liquidative ; et (b) le Fonds peut investir au maximum 100
% de sa Valeur liquidative dans des Opérations de financement sur titres. Sous réserve des limites susmentionnées, le Fonds devrait en général investir entre 0 et 20 % de sa Valeur liquidative dans des swaps sur rendement total et des Opérations de financement sur titres.

### FACTEURS DE RISQUE ET CONSIDÉRATIONS PARTICULIÈRES
L’attention des investisseurs est attirée sur les facteurs de risque et autres considérations particulières qui sont décrits dans le Prospectus à la section intitulée « Facteurs de risque et considérations particulières » et qui peuvent affecter le Fonds. Cette liste de facteurs de risque liés aux investissements dans le Fonds n’est pas exhaustive, et l’attention de l’investisseur est attirée sur la description des instruments financiers qui apparaît à la section « Objectifs et politiques d’investissement » ci-dessus.

### POLITIQUE DE DISTRIBUTION
Telles que décrites plus particulièrement dans le Prospectus à la section « Les Actions » et dans le Supplément à la section intitulée « Catégories d'Actions », les Catégories d’Actions de Distribution peuvent différer en termes de fréquence de distribution. Les Catégories d’Actions de Distribution peuvent effectuer des distributions de façon mensuelle, trimestrielle, semestrielle ou annuelle, tel que déterminé moment du lancement de la Catégorie d’Actions concernée. La fréquence de distribution des Catégories d’Actions est indiquée dans le tableau ci-dessous :
| Fréquence de distribution | Dates de déclaration de distribution |
| --- | --- |
| Catégories d’Actions de capitalisation |
| Sans objet | Sans objet |
| Catégories d’Actions de Distribution |
| Mensuelle | Mensuelle, en principe le 15 de chaque mois à moins que ce jour ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Trimestrielle | Trimestrielle, en principe le 15 février, 15 mai, 15 août et 15 novembre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution aura lieu le dernier Jour Ouvré qui précède les dates mentionnées. |
| Semestrielle | Semestrielle, en principe le 15 mai et le 15 novembre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Annuelle | Annuelle, en principe le 15 mai à moins qu’il ne s’agisse pas d’un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède la date mentionnée. |


### HEURES LIMITES DE NÉGOCIATION ET HEURES DE RÈGLEMENT
Les ordres de souscription d’Actions reçus et acceptés par ou au nom de l’Agent de transfert ou la Société et/ou le Gestionnaire avant l’Heure Limite de Négociation au cours d’un Jour Ouvré repris dans les tableaux ci-dessous seront traités au prix de l’offre déterminé ce Jour Ouvré. Les ordres de souscription d’Actions reçus par ou au nom de l’Agent de transfert ou de la Société et/ou du Gestionnaire après l’Heure Limite de Négociation un Jour Ouvré seront traités au prix de l’offre déterminé le Jour Ouvré suivant. Si le paiement des ordres de souscription n’est pas reçu à l’Heure de Règlement correspondante, une souscription peut être annulée ou l’Actionnaire peut être amené à payer des intérêts sur les montants de souscription non soldés aux taux normaux en vigueur. Dans ce cas, l’Agent de Distribution ou l’Actionnaire peut être tenu responsable de toute perte subie par le Fonds.
Le traitement des ordres de rachat est assujetti à la réception et l’acceptation par ou au nom de l’Agent de transfert, la Société et/ou le Gestionnaire d’un ordre de rachat valable. Sous réserve des dispositions de la section « Limites de rachat » dans le Prospectus, les ordres de rachat reçus et acceptés par ou au nom de l’Agent de transfert ou par la Société ou par le Gestionnaire avant l’Heure Limite de Négociation un Jour Ouvré seront traités à la valeur liquidative par Action déterminée ce Jour Ouvré.
| Souscription | Heure	Limite	de Négociation | Heure	de Règlement |
| --- | --- | --- |
| Souscriptions (autres que les Actions de Catégorie Z) | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |
| Souscriptions effectuées directement auprès de l’Agent de Transfert par des Investisseurs Institutionnels Éligibles/Actions de Catégorie Z | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | 15h30,	heure	de Londres J |
| Rachat | Heure	Limite	de Négociation | Heure	de Règlement |
| Tous les Rachats | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |


### LE CONSEILLER EN INVESTISSEMENT PAR DÉLÉGATION
Le Gestionnaire a désigné JCIL en tant que conseiller en investissement de la Société. À la date du présent Supplément, JCIL a délégué à JCM la responsabilité de fournir des services discrétionnaires de conseil et de gestion de portefeuille, concernant tout ou partie des actifs du Fonds.

### CHARGES ET COMMISSIONS
Les charges et commissions auxquelles est soumis tout investissement dans un Fonds (comprenant les droits d’entrée, les droits de sortie conditionnels différés (CDSC), l’ajustement de la dilution, une commission de gestion et une commission de distribution) sont décrits en détail dans le Prospectus à la section « Charges et Commissions », dont un résume figure ci-dessous. Les Charges et Commissions sur les Catégories d’Actions de capital peuvent imputer certaines commissions et charges sur le capital plutôt que sur les revenus.
| Type de commission | Actions de Catégorie A | Actions de Catégorie B | Actions de Catégorie E | Actions de Catégorie G | Actions de Catégorie H | Actions de Catégorie I | Actions de Catégorie S | Actions de Catégorie V | Actions de Catégorie Z |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Droit d'entrée | Jusqu'à 5,00 % du montant souscrit | S/O | Jusqu'à 3,00 % du montant souscrit | S/O | S/O | Jusqu'à 2,00 % du montant souscrit | Jusqu'à 2,00 % du montant souscrit | S/O | S/O |
| CDSC Moins d'un an depuis l’achat - à 2 ans
- à 3 ans
- à 4 ans Plus de 4 ansdepuis l’achat
 | S/O | 4 % 3 % 2 % 1 % 0 % | S/O | S/O | S/O | S/O | S/O | 3 % 2 % 1 % 0 % - | S/O |
| Commissions de services aux Actionnaires | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 1,25 % de la valeur liquidative | S/O | S/O | S/O | S/O | Jusqu'à 0,75 % de la valeur liquidative | S/O |

| Type de commission | Actions de Catégorie A | Actions de Catégorie B | Actions de Catégorie E | Actions de Catégorie G | Actions de Catégorie H | Actions de Catégorie I | Actions de Catégorie S | Actions de Catégorie V | Actions de Catégorie Z |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Commission de distribution | S/O | Jusqu'à 1,00 % de la valeur liquidative | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Commission de gestion d’investissem ent | Jusqu'à 1,50 % de la valeur liquidative | Jusqu'à 1,50 % de la valeur liquidative | Jusqu'à 1,50 % de la valeur liquidative | Jusqu'à 0,80 % de la valeur liquidative | Jusqu'à 0,80 % de la valeur liquidative | Jusqu'à 1,50 % de la valeur liquidative | Jusqu'à 1,50 % de la valeur liquidative | Jusqu'à 1,50 % de la valeur liquidative | Voir Prospectus |
| Commission de performance | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Charges et Commissions | 2,75 % de la valeur liquidative | 3,75 % de la valeur liquidative | 3,50 % de la valeur liquidative | 1,05 % de la valeur liquidative | 1,05 % de la valeur liquidative | 1,75 % de la valeur liquidative | 1,05 % de la valeur liquidative | 3,00 % de la valeur liquidative | Voir Prospectus |


### AJUSTEMENT DE DILUTION
Un ajustement de dilution peut être appliqué à la Valeur liquidative par Action du Fonds au cours d’un jour de négociation (i) si les souscriptions ou rachats nets dépassent le seuil déterminé à l’avance relatif à la Valeur liquidative du Fonds (lorsqu’un tel seuil est ponctuellement déterminé à l’avance pour le Fonds par le Gestionnaire) ou (ii) dans tout autre cas impliquant des souscriptions ou des rachats nets dans le Fonds, si le Gestionnaire ou ses délégués estiment raisonnablement que l’imposition d’un ajustement de dilution s’inscrira dans l’intérêt des Actionnaires existants.

### CATÉGORIES D’ACTIONS
Comme décrit plus particulièrement dans la section « Les Actions » du Prospectus, la Société propose 11 Catégories d’Actions avec diverses politiques de distribution, fréquences de distribution, politiques de couverture et devises dans chaque Catégorie. Le nouveau nom de chaque Catégorie d’Actions offertes par la Société permet aux Actionnaires d’identifier la politique de distribution, la fréquence de distribution, la politique de couverture et la devise d’une Catégorie en fonction de sous-classifications. Le tableau ci-dessous apporte des précisions sur les Catégories d’Actions approuvées par la Banque Centrale, ainsi que sur les Catégories disponibles à l’achat à la date du présent Supplément.
Si, pour une catégorie d’actions donnée d’un fonds donné, aucune émission n’avait préalablement été faite ou s’il est procédé à une réémission, une souscription initiale sera alors possible : (i) à la/aux date(s) devant être déterminée(s) par le Gestionnaire et communiquée(s) à l’avance à la Banque centrale et (ii) le prix de l’offre initiale et le prix de réémission stipulés dans le Prospectus à la section intitulée « Offres initiales de catégories d’actions ». Dans le cas d’un Fonds au titre duquel une ou plusieurs Catégories d’Actions sont déjà émises, le prix de l’offre initiale par Action pour toute Catégorie d’Actions supplémentaire émise en rapport avec ledit Fonds pourra correspondre à la valeur liquidative par Action desdites autres Catégories d’Actions du Fonds concerné tel que fixé par le Gestionnaire et communiqué à l’avance à la Banque Centrale, ainsi qu’aux Actionnaires potentiels.
| CATÉGORIES D’ACTIONS approuvées par la Banque Centrale à la date du présent Supplément |
| --- |
| Catégories libellées en Dollars américains | Catégories libellées en Euros | Catégories libellées en Livres sterling | Catégories libellées en Dollars de Hong Kong | Catégories libellées en Dollars australiens | Catégories libellées en Francs suisses | Catégories libellées en Dollars canadiens | Catégories libellées en Renminbi (CNH) | Catégories libellées en Couronnes suédoises | Catégories libellées en Dollars néo- zélandais | Catégories libellées en Dollars de Singapour |
| A2 USD B2 USD E2 USD I2 USD S2 USD H2 USD G2 USD V2 USD Z2 USD A1 USD I1 USD H1 USD | A2 HEUR B2 HEUR E2 HEUR I2 HEUR S2 HEUR H2 HEUR G2 HEUR V2 HEUR Z2 EUR A1 HEUR H1 HEUR | I2 HGBP I2 GBP S2 HGBP H2 HGBP H2 GBP G2 HGBP G2 GBP Z2 GBP Z2 HGBP | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF G2 HCHF Z2 CHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD |


### Supplément concernant le Fonds Janus Henderson Global Value Fund3

### Le présent Supplément est établi en date du 26 février 2021.
Le présent Supplément contient des informations spécifiques au fonds Janus Henderson Global Value Fund (le « Fonds »), un compartiment de Janus Henderson Capital Funds plc (la « Société »). La Société est un OPCVM établi sous la forme d’une société d’investissement à capital variable avec séparation des passifs entre les Fonds, constituée en Irlande et régie par la Banque centrale.
Ce Supplément fait partie intégrante du dernier Prospectus et doit être lu conjointement avec celui-ci. Le Prospectus peut être révisé ou complété de temps à autre. Les termes commençant par une majuscule utilisés dans le présent Supplément, qui n'ont pas été définis dans les présentes, ont la même signification que dans le Prospectus.

### RÉSUMÉ

### Les informations reprises sous ce titre constituent un résumé des principales caractéristiques du Fonds et doivent être lues conjointement avec le texte complet du Supplément.
| Catégories d’Actions | Ce Fonds est fermé aux nouvelles souscriptions (y compris aux échanges à destination du Fonds). Il est en cours de liquidation. |
| --- | --- |
| Sans objet. |
| Fréquence des souscriptions, rachats et échanges | Sans objet. |
| Souscriptions minimales | Sans objet. |
| Adaptation des Catégories | Sans objet. |
| Devise de base | Dollar US |


### OBJECTIF ET POLITIQUES D’INVESTISSEMENT
L’objectif d’investissement de ce Fonds est la croissance à long terme du capital. En temps normal, le Fonds poursuit son objectif en investissant principalement dans les Actions (également appelées parts de société) de sociétés de toutes tailles situées n’importe où dans le monde et dont les cours sont sous-évalués de l’avis du Conseiller en Investissement par Délégation. Le Conseiller en Investissement par Délégation met l’accent sur les sociétés qui ont perdu la faveur du marché ou qui semblent sous-évaluées. L’approche dite de
« valeur » privilégie les investissements dans des sociétés que le Conseiller en Investissement par Délégation juge sous-évaluées par rapport à leur valeur intrinsèque. Le Fonds peut employer des techniques et instruments d’investissement, tels que des contrats à terme normalisés, des options, des swaps et autres instruments dérivés à des fins de gestion efficace du portefeuille (c’est-à-dire une réduction des risques, une réduction des coûts et la génération de capital ou de revenu supplémentaire pour le Fonds) ou à des fins d’investissement (comme indiqué dans la section intitulée « Types et description d’instruments financiers dérivés ») du prospectus, sous réserve des conditions et dans les limites stipulées périodiquement par la Banque Centrale concernant l’acquisition ou la couverture d’une exposition aux placements dont il s’agit dans ces politiques d’investissement. En raison de son exposition aux Marchés en développement, un investissement dans le Fonds ne doit pas représenter une part substantielle des investissements d’un portefeuille d’investissement et peut ne pas convenir à tous les investisseurs.
3 
Ce Fonds est fermé aux nouvelles souscriptions (y compris aux échanges à destination du Fonds). Il est en cours de liquidation.
Le Fonds peut investir jusqu’à concurrence de 10 % de sa valeur liquidative dans des titres adossés à prêts hypothécaires et à des actifs émis ou garantis par un gouvernement d’un pays membre de l’OCDE, ou ses organismes ou démembrements ou par des émetteurs privés, et dont la notation peut être inférieure aux notations de Premier Ordre telles qu’attribuées par les principales agences de notation.
Le Fonds peut investir la quasi-totalité de ses actifs en actions, sous réserve du respect des limites de pourcentages prévues dans les présentes, dans la mesure où le Conseiller en investissement par délégation estime que les marchés concernés bénéficient d’une conjoncture favorable à un investissement rentable dans ces valeurs. Les titres sont généralement sélectionnés par le Conseiller en investissement par délégation sans considération du secteur d’activité ou d’autres critères de sélection semblables ; le Fonds n’a pas vocation à être spécialisé dans un secteur d’activité donné.

### L’obtention de revenus n'est pas un critère d’investissement important pour le Fonds.
Le pourcentage des actifs du Fonds investis en Actions variera et, selon les conditions de marché analysées par le Conseiller en Investissement par Délégation, le Fonds peut détenir, à titre accessoire dans son portefeuille, des liquidités ou des titres à court terme portant intérêt, tels que des Titres d’État ou des Titres de Créance. Le Fonds peut investir, dans une moindre mesure, dans d’autres types de valeurs, notamment des Actions de préférence, des Titres d’État, des Titres de Créance, des warrants et des titres convertibles en Actions, quand le Conseiller en Investissement par Délégation concerné perçoit une opportunité de croissance du capital sur ces titres. Le Fonds peut investir jusqu’à 15 % de sa valeur liquidative en Titres de Créance (y compris des obligations à haut rendement/risque) ou en Titres d'État ne bénéficiant pas d’une notation de Premier Ordre. Le Fonds peut investir, directement ou indirectement (à savoir par l’intermédiaire de certificats américains d’actions étrangères, de certificats européens d’actions étrangères et de certificats internationaux d’actions étrangères) sur les marchés concernés. Le Fonds peut également investir jusqu’à concurrence de 5 % de sa valeur liquidative en titres à coupon zéro, en titres payant leurs intérêts en nature et en Titres à Coupon Progressif ainsi que, sans limitation, en Titres Indexés/Structurés. Les obligations payant leurs intérêts en nature sont des obligations qui peuvent payer leurs intérêts sous la forme d’obligations supplémentaires de même nature.
Dans la mesure autorisée pour investir dans de tels titres en vertu de ses politiques d’investissement énoncées dans les présentes, le Fonds n’investira pas plus de 10 % de sa valeur liquidative dans des titres émis ou garantis par un seul pays (y compris son gouvernement, une autorité publique ou locale du pays en question) assortis d’une notation de crédit inférieure à Investment Grade.
Le Fonds pourra investir jusqu’à concurrence de 5 % de sa valeur liquidative dans des titres d’autres Organismes de placement collectif admissibles. Un tel investissement englobe la possibilité d’investir dans d’autres Fonds. Cependant, le Fonds ne peut pas investir dans un autre Fonds détenant lui-même des Actions d’un autre Fonds. Lorsqu'il investit dans un autre Fonds, le Fonds ne peut pas prélever une commission annuelle de gestion de portefeuille et/ou de gestion administrative pour ce qui concerne la fraction de ses actifs qui sont investis dans l'autre Fonds.
Le Conseiller en Investissement par Délégation adopte généralement une approche ascendante envers la constitution de portefeuilles. En d’autres termes, ils veulent identifier les sociétés robustes dotées d’avantages concurrentiels durables qui améliorent leurs retours sur le capital. Le Fonds suit une stratégie d’investissement selon laquelle les sociétés sont jugées principalement en fonction de leurs caractéristiques qualitatives et quantitatives fondamentales. Communément appelé la sélection de titres ou l’investissement ascendant, les portefeuilles de fonds d’investissement axés sur les caractéristiques fondamentales sont constitués un titre à la fois, après des recherches internes intensives à l’égard de chaque société. Les domaines de recherche peuvent cibler la direction de la société, ses finances, ses avantages concurrentiels et ses faiblesses, ses perspectives de croissance de revenus et plusieurs autres paramètres. Cette approche se fonde sur la conviction que certaines sociétés ont des forces inhérentes en matière de création de valeur pour les actionnaires au fil du temps, ont de meilleures perspectives que leurs homologues et devraient donc surclasser l’industrie, même dans des industries ou des circonstances économiques difficiles. L’objectif d’une approche d’investissement fondamentale est d’identifier et d’investir dans de telles sociétés. Perkins, le Conseiller en Investissement par Délégation du Fonds cible la gestion de portefeuilles diversifiés d’actions sous-évaluées, de qualité élevée, avec des caractéristiques risque/rendement favorables.
Le Fonds peut investir en instruments financiers dérivés à des fins de gestion efficace du portefeuille. Les investissements du Fonds en instruments dérivés seront soumis aux limites stipulées dans la politique d’investissement du Fonds ainsi qu’aux conditions et limites éventuellement stipulées par la Banque centrale. Dans certaines circonstances, le Fonds utilisera des instruments financiers dérivés comme levier. Le Fonds est autorisé à des fins d’investissement à investir jusqu’à 100 % de sa valeur liquidative dans des instruments financiers dérivés. Le montant maximal d’effet de levier (lorsqu’il est calculé en utilisant l’approche d’engagement) que le Fonds peut créer grâce à l’utilisation d’instruments financiers dérivés est de 100 % de la valeur liquidative du Fonds.Lorsque le risque de marché du Fonds est mesuré à l’aide de l’approche de la valeur à risque (« VaR »), l’effet de levier du Fonds est calculé à partir de la somme des montants notionnels des produits dérivés détenus par le Fonds ; les détails relatifs à l’effet de levier sont présentés dans les présentes dans les politiques d’investissement du Fonds. Toutefois, les Actionnaires doivent noter que, compte tenu de la nature des instruments dérivés et du fait que ces instruments peuvent être négociés à la marge, un relativement faible mouvement défavorable du cours du sous-jacent d’un instrument dérivé donné peut entraîner des mouvements immédiats et importants de l’exposition du Fonds à cet instrument dérivé. Si les limites d’exposition liées à un instrument dérivé devaient être supérieures pour des raisons échappant au contrôle du Fonds, celui-ci aura pour priorité de remédier à cette situation en tenant compte des intérêts de ses Actionnaires.

### UTILISATION DE MESURES DÉFENSIVES TEMPORAIRES
Dans certaines circonstances, à titre temporaire et exceptionnel, lorsque le Conseiller en Investissement ou le Conseiller en Investissement par Délégation concerné estime qu’il en va de l’intérêt des Actionnaires, le Fonds pourra effectuer quelques entorses à ses politiques d’investissement telles qu’elles figurent ci-dessus. Pour de plus amples informations, se référer à la section « Utilisation de mesures défensives temporaires » du Prospectus.

### PROFIL DE L’INVESTISSEUR TYPE

### Le Fonds s’adresse à une grande diversité d’investisseurs, qui recherchent l’accès à un portefeuille géré dans le respect d’un objectif et d’une politique d’investissement spécifiques.
L’investisseur potentiel doit choisir la Catégorie qui correspond le mieux à ses besoins. En sélectionnant une Catégorie, les investisseurs potentiels doivent prendre en considération les éléments suivants :
- le montant qu’ils prévoient d’investir ;
- la durée de détention prévue des Actions ;
- les frais payés au titre de chaque Catégorie ;
- l’admissibilité des Actionnaires au bénéfice d’une renonciation ou d’un abandon des droits d’entrée ;
- la devise de la catégorie d’actions.


### LIMITES D'INVESTISSEMENTS

### Chacun des investissements du Fonds sera limité aux investissements autorisés par le Règlement sur les OPCVM et d'autres limites applicables stipulées à l'Annexe 4 du Prospectus.

### UTILISATION D’INSTRUMENTS ET DE TECHNIQUES D’INVESTISSEMENT ET D’INSTRUMENTS FINANCIERS DÉRIVÉS
Sous réserve de la capacité du Fonds à investir jusqu'à 100 % de sa valeur liquidative dans des instruments financiers dérivés à des fins d'investissement, comme indiqué à la section « Objectif et Politiques d’investissement » ci-dessus, le Conseillers en Investissement par Délégation peut seulement employer des instruments et des techniques d’investissement tels que des contrats à terme normalisés, des options, des swaps et autres instruments financiers dérivés pour une gestion efficace du portefeuille (à savoir une réduction des risques, une réduction des coûts et la génération de capital ou de revenu supplémentaire pour le Fonds) et le Conseiller en Investissement par Délégation est tenu de se conformer aux conditions et restrictions stipulées périodiquement par la Banque centrale. De plus amples informations figurent aux sections

### « Utilisation d'instruments et de techniques d'investissement et d'instruments financiers dérivés » et « Types et description d'instruments financiers dérivés » du Prospectus.
La principale méthode de calcul de l’exposition globale pour le Fonds est l'approche d'engagement. Cependant, le modèle de la VaR ne sera utilisé que lorsque le volume d’instruments dérivés utilisé est plus élevé ou la mise en œuvre des stratégies de produits dérivés est plus complexe ou lorsque le profil de risque du Fonds a connu un certain changement.

### RÈGLEMENTATION DES OPÉRATIONS DE FINANCEMENT DE TITRES
Comme décrit plus particulièrement dans la section « Réglementation des opérations de financement de titres » du Prospectus, sous réserve des limites d’investissement indiquées en Annexe 4 du Prospectus, ainsi que des limites d’investissement définies à la section « Objectif et politiques d’investissement » du Supplément : (a) en ce qui concerne les investissements autorisés dans les swaps sur rendement total, le Fonds peut investir au maximum 10 % de sa Valeur liquidative ; et (b) le Fonds peut investir au maximum 100
% de sa Valeur liquidative dans des Opérations de financement sur titres. Sous réserve des limites susmentionnées, le Fonds devrait en général investir entre 0 et 20 % de sa Valeur liquidative dans des swaps sur rendement total et des Opérations de financement sur titres.

### FACTEURS DE RISQUE ET CONSIDÉRATIONS PARTICULIÈRES
L’attention des investisseurs est attirée sur les facteurs de risque et autres considérations particulières qui sont décrits dans le Prospectus à la section intitulée « Facteurs de risque et considérations particulières » et qui peuvent affecter le Fonds. Cette liste de facteurs de risque liés aux investissements dans le Fonds n’est pas exhaustive, et l’attention de l’investisseur est attirée sur la description des instruments financiers qui apparaît à la section « Objectifs et politiques d’investissement » ci-dessus.

### POLITIQUE DE DISTRIBUTION

### Ce Fonds est fermé aux nouvelles souscriptions (y compris aux échanges à destination du Fonds). Il est en cours de liquidation.

### HEURES LIMITES DE NÉGOCIATION ET HEURES DE RÈGLEMENT

### Ce Fonds est fermé aux nouvelles souscriptions (y compris aux échanges à destination du Fonds). Il est en cours de liquidation.

### LE CONSEILLER EN INVESTISSEMENT PAR DÉLÉGATION
Le Gestionnaire a désigné JCIL en tant que conseiller en investissement de la Société. À la date du présent Supplément, JCIL a délégué à JCM la responsabilité de fournir des services discrétionnaires de conseil et de gestion de portefeuille, concernant tout ou partie des actifs du Fonds.

### CHARGES ET COMMISSIONS

### Ce Fonds est fermé aux nouvelles souscriptions (y compris aux échanges à destination du Fonds). Il est en cours de liquidation.

### AJUSTEMENT DE DILUTION

### Ce Fonds est fermé aux nouvelles souscriptions (y compris aux échanges à destination du Fonds). Il est en cours de liquidation.

### CATÉGORIES D’ACTIONS

### Ce Fonds est fermé aux nouvelles souscriptions (y compris aux échanges à destination du Fonds). Il est en cours de liquidation.
| CATÉGORIES D’ACTIONS approuvées par la Banque Centrale à la date du présent Supplément |
| --- |
| Catégories libellées en Dollars américains | Catégories libellées en Euros | Catégories libellées en Livres sterling | Catégories libellées en Dollars de Hong Kong | Catégories libellées en Dollars australiens | Catégories libellées en Francs suisses | Catégories libellées en Dollars canadiens | Catégories libellées en Renminbi (CNH) | Catégories libellées en Couronnes suédoises | Catégories libellées en Dollars néo- zélandais | Catégories libellées en Dollars de Singapour |
| S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O |


### Supplément concernant le Fonds Janus Henderson US Strategic Value Fund

### Le présent Supplément est établi en date du 26 février 2021.
Le présent Supplément contient des informations spécifiques au fonds Janus Henderson Strategic Value Fund (le « Fonds »), un compartiment de Janus Henderson Capital Funds plc (la « Société »). La Société est un OPCVM établi sous la forme d’une société d’investissement à capital variable avec séparation des passifs entre les Fonds, constituée en Irlande et régie par la Banque centrale.
Ce Supplément fait partie intégrante du dernier Prospectus et doit être lu conjointement avec celui-ci. Le Prospectus peut être révisé ou complété de temps à autre. Les termes commençant par une majuscule utilisés dans le présent Supplément, qui n'ont pas été définis dans les présentes, ont la même signification que dans le Prospectus.

### RÉSUMÉ

### Les informations reprises sous ce titre constituent un résumé des principales caractéristiques du Fonds et doivent être lues conjointement avec le texte complet du Supplément.
| Catégories d’Actions | Des précisions sur les Catégories d'Actions sont présentées ci-dessous à la section intitulée « Catégories d’Actions ». |
| --- | --- |
| L’attention des investisseurs est attirée sur le fait qu’à la date du présent Supplément, seules certaines Catégories d’Actions du Fonds sont actuellement ouvertes à la souscription. En outre, toutes les Catégories d’Actions ne sont pas disponibles dans toutes les juridictions. Les investisseurs sont priés de se mettre en rapport avec l’Agent de Distribution pour obtenir la liste des Catégories d’Actions à leur disposition. |
| Fréquence des souscriptions, rachats et échanges | Sauf indication contraire des Administrateurs et/ou du Gestionnaire, les souscriptions, les rachats et les échanges d’Actions peuvent être effectués tout Jour Ouvré en suivant les procédures décrites dans les sections du Prospectus intitulées « Comment acheter des Actions », « Comment obtenir le rachat d’Actions » et « Comment échanger ou céder des Actions ». |
| Souscriptions minimales | Les souscriptions initiales et ultérieures minimales applicables à chaque Catégorie au sein du Fonds sont spécifiées dans la section du Prospectus intitulée « Comment acheter des Actions ». |
| Adaptation des Catégories | L’adaptation des Catégories et l’éligibilité des investisseurs pour des Catégories particulières sont décrites à la section intitulée « Les Actions » du Prospectus. |
| Devise de base | Dollar US |


### OBJECTIF ET POLITIQUES D’INVESTISSEMENT
L’objectif d’investissement de ce Fonds est la croissance à long terme du capital. Il poursuit cet objectif en investissant au moins 80 % de sa valeur liquidative en actions ordinaires de Sociétés américaines qui offrent un potentiel de croissance du capital à long terme, ce à l’aide d’une approche dite de « valeur ». Le montant total du Fonds pouvant être investi dans des titres négociés sur les Marchés en développement est de 10 % de la valeur liquidative du Fonds. Le Fonds peut investir dans des sociétés de toute taille, aussi bien des grandes sociétés bien établies que des petites sociétés émergentes. Le Fonds peut utiliser, à concurrence de 10 % de sa valeur liquidative, des techniques et instruments d’investissement tels que des contrats à terme normalisés, des options, des swaps et d’autres instruments financiers dérivés à des fins d’investissement, sous réserve des conditions et limites stipulées ponctuellement par la Banque Centrale.

### Objectif de performance : Surperformer l’indice Russell 3000® Value de 2,5 % par an, avant déduction des frais, sur toute période de 5 ans.
Le Fonds est géré activement en fonction de l’indice Russell 3000® Value, qui est largement représentatif des sociétés dans lesquelles il peut investir et sur la base duquel l’objectif de performance du Fonds est défini. Le Conseiller en Investissement par Délégation a le pouvoir discrétionnaire de choisir des investissements individuels pour le Fonds avec des pondérations différentes de l’indice ou n’y figurant pas, même si le Fonds peut parfois détenir des investissements similaires à l’indice. Les détails de la performance du Fonds sont disponibles dans les rapports annuels et semestriels, les documents de commercialisation et dans le DICI. Rien ne garantit que la performance du Fonds sera égale ou supérieure à cet indice de référence.
L’approche dite de « valeur » privilégie les investissements dans des sociétés que le Conseiller en Investissement par Délégation juge sous-évaluées par rapport à leur valeur intrinsèque. Le Conseiller en investissement par délégation mesure la valeur comme une fonction du coefficient de capitalisation des bénéfices (« PER ») et du rapport cours boursier/flux de trésorerie disponible. Le PER est le rapport entre le cours d’une action et le bénéfice par action de la société. Ce montant est obtenu en divisant le cours de l’action sur le marché par le bénéfice par action de la société. Le rapport cours/flux de trésorerie disponible est le rapport entre le cours d’une action et la trésorerie disponible générée par les activités de la société, diminué des dépenses d’investissement. Le Conseiller en Investissement par Délégation concerné recherche des sociétés dont la valorisation est attractive et qui améliorent le flux de trésorerie disponible ainsi que le rendement des capitaux investis. Parmi ces sociétés peuvent également figurer des entreprises se trouvant dans une situation particulière, dont l’équipe dirigeante est en cours de renouvellement et/ou qui ont temporairement cessé d’avoir les faveurs des marchés.
Le Fonds peut investir dans tous les types de valeurs mobilières, sous réserve des limites définies dans les présentes. Le Fonds peut investir jusqu’à concurrence de 20 % de sa valeur liquidative dans des titres émis par des Émetteurs non Américains. De manière générale, ces investissements non américains seront négociés sur des Marchés Réglementés qui ne sont pas considérés comme des Marchés en développement.
Le Fonds peut investir jusqu’à concurrence de 10 % de sa valeur liquidative dans des titres adossés à prêts hypothécaires et à des actifs émis ou garantis par un gouvernement d’un pays membre de l’OCDE, ou ses organismes ou démembrements ou par des émetteurs privés, et dont la notation peut être inférieure aux notations de Premier Ordre telles qu’attribuées par les principales agences de notation.
Le Fonds peut investir la quasi-totalité de ses actifs en actions, dans la mesure où le Conseiller en investissement par délégation estime que les marchés concernés bénéficient d’une conjoncture favorable à un investissement rentable dans ces valeurs. Les titres sont généralement sélectionnés par le Conseiller en investissement par délégation sans considération du secteur d’activité ou d’autres critères de sélection semblables ; le Fonds n’a pas vocation à être spécialisé dans un secteur d’activité donné.

### L’obtention de revenus n'est pas un critère d’investissement important pour le Fonds.
Le pourcentage des actifs du Fonds investis en Actions variera et, selon les conditions de marché analysées par le Conseiller en Investissement par Délégation, le Fonds peut détenir, à titre accessoire dans son portefeuille, des liquidités ou des titres à court terme portant intérêt, tels que des Titres d’État ou des Titres de Créance. Le Fonds peut investir, dans une moindre mesure, dans d’autres types de valeurs, notamment des Actions de préférence, des Titres d’État, des Titres de Créance, des warrants et des titres convertibles en Actions, quand le Conseiller en Investissement par Délégation concerné perçoit une opportunité de croissance du capital sur ces titres. Le Fonds peut investir jusqu’à 15 % de sa valeur liquidative en Titres de Créance (y compris des obligations à haut rendement/risque) ou en Titres d'État ne bénéficiant pas d’une notation de Premier Ordre. Le Fonds peut investir, directement ou indirectement (à savoir par l’intermédiaire de certificats américains d’actions étrangères, de certificats européens d’actions étrangères et de certificats internationaux d’actions étrangères) sur les marchés concernés. Le Fonds peut également investir jusqu’à concurrence de 5 % de sa valeur liquidative en titres à coupon zéro, en titres payant leurs intérêts en nature et en Titres à Coupon Progressif ainsi que, sans limitation, en Titres Indexés/Structurés. Les obligations payant leurs intérêts en nature sont des obligations qui peuvent payer leurs intérêts sous la forme d’obligations supplémentaires de même nature.
Le Fonds pourra investir jusqu’à concurrence de 5 % de sa valeur liquidative dans des titres d’autres Organismes de placement collectif admissibles. Un tel investissement englobe la possibilité d’investir dans d’autres Fonds. Cependant, le Fonds ne peut pas investir dans un autre Fonds détenant lui-même des Actions
d’un autre Fonds. Lorsqu'il investit dans un autre Fonds, le Fonds ne peut pas prélever une commission annuelle de gestion de portefeuille et/ou de gestion administrative pour ce qui concerne la fraction de ses actifs qui sont investis dans l'autre Fonds.
Le Conseiller en Investissement par Délégation adopte généralement une approche ascendante envers la constitution de portefeuilles. En d’autres termes, ils veulent identifier les sociétés robustes dotées d’avantages concurrentiels durables qui améliorent leurs retours sur le capital. Le Fonds suit une stratégie d’investissement selon laquelle les sociétés sont jugées principalement en fonction de leurs caractéristiques qualitatives et quantitatives fondamentales. Communément appelé la sélection de titres ou l’investissement ascendant, les portefeuilles de fonds d’investissement axés sur les caractéristiques fondamentales sont constitués un titre à la fois, après des recherches internes intensives à l’égard de chaque société. Les domaines de recherche peuvent cibler la direction de la société, ses finances, ses avantages concurrentiels et ses faiblesses, ses perspectives de croissance de revenus et plusieurs autres paramètres. Cette approche se fonde sur la conviction que certaines sociétés ont des forces inhérentes en matière de création de valeur pour les actionnaires au fil du temps, ont de meilleures perspectives que leurs homologues et devraient donc surclasser l’industrie, même dans des industries ou des circonstances économiques difficiles. L’objectif d’une approche d’investissement fondamentale est d’identifier et d’investir dans de telles sociétés. Perkins, le Conseiller en Investissement par Délégation du Fonds cible la gestion de portefeuilles diversifiés d’actions sous-évaluées, de qualité élevée, avec des caractéristiques risque/rendement favorables.
Le Fonds peut investir en instruments financiers dérivés à des fins de gestion efficace du portefeuille. Les investissements du Fonds en instruments dérivés seront soumis aux limites stipulées dans la politique d’investissement du Fonds ainsi qu’aux conditions et limites éventuellement stipulées par la Banque centrale. Dans certaines circonstances, le Fonds utilisera des instruments financiers dérivés comme levier. Le Fonds est autorisé à des fins d’investissement à investir jusqu’à 10 % de sa valeur liquidative dans des instruments financiers dérivés. Le montant maximal d’effet de levier (lorsqu’il est calculé en utilisant l’approche d’engagement) que le Fonds peut créer grâce à l’utilisation d’instruments financiers dérivés est de 100 % de la valeur liquidative du Fonds. Lorsque le risque de marché du Fonds est mesuré à l’aide de l’approche de la valeur à risque (« VaR »), l’effet de levier du Fonds est calculé à partir de la somme des montants notionnels des produits dérivés détenus par le Fonds ; les détails relatifs à l’effet de levier sont présentés dans les présentes dans les politiques d’investissement du Fonds. Toutefois, les Actionnaires doivent noter que, compte tenu de la nature des instruments dérivés et du fait que ces instruments peuvent être négociés à la marge, un relativement faible mouvement défavorable du cours du sous-jacent d’un instrument dérivé donné peut entraîner des mouvements immédiats et importants de l’exposition du Fonds à cet instrument dérivé. Si les limites d’exposition liées à un instrument dérivé devaient être supérieures pour des raisons échappant au contrôle du Fonds, celui-ci aura pour priorité de remédier à cette situation en tenant compte des intérêts de ses Actionnaires.

### UTILISATION DE MESURES DÉFENSIVES TEMPORAIRES
Dans certaines circonstances, à titre temporaire et exceptionnel, lorsque le Conseiller en Investissement ou le Conseiller en Investissement par Délégation concerné estime qu’il en va de l’intérêt des Actionnaires, le Fonds pourra effectuer quelques entorses à ses politiques d’investissement telles qu’elles figurent ci-dessus. Pour de plus amples informations, se référer à la section « Utilisation de mesures défensives temporaires » du Prospectus.

### PROFIL DE L’INVESTISSEUR TYPE

### Le Fonds s’adresse à une grande diversité d’investisseurs, qui recherchent l’accès à un portefeuille géré dans le respect d’un objectif et d’une politique d’investissement spécifiques.
L’investisseur potentiel doit choisir la Catégorie qui correspond le mieux à ses besoins. En sélectionnant une Catégorie, les investisseurs potentiels doivent prendre en considération les éléments suivants :
- le montant qu’ils prévoient d’investir ;
- la durée de détention prévue des Actions ;
- les frais payés au titre de chaque Catégorie ;
- l’admissibilité des Actionnaires au bénéfice d’une renonciation ou d’un abandon des droits d’entrée ;
- la devise de la catégorie d’actions.


### LIMITES D'INVESTISSEMENTS

### Chacun des investissements du Fonds sera limité aux investissements autorisés par le Règlement sur les OPCVM et d'autres limites applicables stipulées à l'Annexe 4 du Prospectus.

### UTILISATION D’INSTRUMENTS ET DE TECHNIQUES D’INVESTISSEMENT ET D’INSTRUMENTS FINANCIERS DÉRIVÉS
Sous réserve de la capacité du Fonds à investir jusqu'à 10 % de sa valeur liquidative dans des instruments financiers dérivés à des fins d'investissement, comme indiqué à la section « Objectif et Politiques d’investissement » ci-dessus, le Conseillers en Investissement par Délégation peut seulement employer des instruments et des techniques d’investissement tels que des contrats à terme normalisés, des options, des swaps et autres instruments financiers dérivés pour une gestion efficace du portefeuille (à savoir une réduction des risques, une réduction des coûts et la génération de capital ou de revenu supplémentaire pour le Fonds) et le Conseiller en Investissement par Délégation est tenu de se conformer aux conditions et restrictions stipulées périodiquement par la Banque centrale. De plus amples informations figurent aux sections

### « Utilisation d'instruments et de techniques d'investissement et d'instruments financiers dérivés » et « Types et description d'instruments financiers dérivés » du Prospectus.
La principale méthode de calcul de l’exposition globale pour le Fonds est l'approche d'engagement. Cependant, le modèle de la VaR ne sera utilisé que lorsque le volume d’instruments dérivés utilisé est plus élevé ou la mise en œuvre des stratégies de produits dérivés est plus complexe ou lorsque le profil de risque du Fonds a connu un certain changement.

### RÈGLEMENTATION DES OPÉRATIONS DE FINANCEMENT DE TITRES
Comme décrit plus particulièrement dans la section « Réglementation des opérations de financement de titres » du Prospectus, sous réserve des limites d’investissement indiquées en Annexe 4 du Prospectus, ainsi que des limites d’investissement définies à la section « Objectif et politiques d’investissement » du Supplément : (a) en ce qui concerne les investissements autorisés dans les swaps sur rendement total, le Fonds peut investir au maximum 10 % de sa Valeur liquidative ; et (b) le Fonds peut investir au maximum 100
% de sa Valeur liquidative dans des Opérations de financement sur titres. Sous réserve des limites susmentionnées, le Fonds devrait en général investir entre 0 et 20 % de sa Valeur liquidative dans des swaps sur rendement total et des Opérations de financement sur titres.

### FACTEURS DE RISQUE ET CONSIDÉRATIONS PARTICULIÈRES
L’attention des investisseurs est attirée sur les facteurs de risque et autres considérations particulières qui sont décrits dans le Prospectus à la section intitulée « Facteurs de risque et considérations particulières » et qui peuvent affecter le Fonds. Cette liste de facteurs de risque liés aux investissements dans le Fonds n’est pas exhaustive, et l’attention de l’investisseur est attirée sur la description des instruments financiers qui apparaît à la section « Objectifs et politiques d’investissement » ci-dessus.

### POLITIQUE DE DISTRIBUTION
Telles que décrites plus particulièrement dans le Prospectus à la section « Les Actions » et dans le Supplément à la section intitulée « Catégories d'Actions », les Catégories d’Actions de Distribution peuvent différer en termes de fréquence de distribution. Les Catégories d’Actions de Distribution peuvent effectuer des distributions de façon mensuelle, trimestrielle, semestrielle ou annuelle, tel que déterminé moment du lancement de la Catégorie d’Actions concernée. La fréquence de distribution des Catégories d’Actions est indiquée dans le tableau ci-dessous :
| Fréquence de distribution | Dates de déclaration de distribution |
| --- | --- |
| Catégories d’Actions de capitalisation |
| Sans objet | Sans objet |
| Catégories d’Actions de Distribution |
| Mensuelle | Mensuelle, en principe le 15 de chaque mois à moins que ce jour ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Trimestrielle | Trimestrielle, en principe le 15 février, 15 mai, 15 août et 15 novembre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution aura lieu le dernier Jour Ouvré qui précède les dates mentionnées. |
| Semestrielle | Semestrielle, en principe le 15 mai et le 15 novembre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Annuelle | Annuelle, en principe le 15 mai à moins qu’il ne s’agisse pas d’un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède la date mentionnée. |


### HEURES LIMITES DE NÉGOCIATION ET HEURES DE RÈGLEMENT
Les ordres de souscription d’Actions reçus et acceptés par ou au nom de l’Agent de transfert ou la Société et/ou le Gestionnaire avant l’Heure Limite de Négociation au cours d’un Jour Ouvré repris dans les tableaux ci-dessous seront traités au prix de l’offre déterminé ce Jour Ouvré. Les ordres de souscription d’Actions reçus par ou au nom de l’Agent de transfert ou de la Société et/ou du Gestionnaire après l’Heure Limite de Négociation un Jour Ouvré seront traités au prix de l’offre déterminé le Jour Ouvré suivant. Si le paiement des ordres de souscription n’est pas reçu à l’Heure de Règlement correspondante, une souscription peut être annulée ou l’Actionnaire peut être amené à payer des intérêts sur les montants de souscription non soldés aux taux normaux en vigueur. Dans ce cas, l’Agent de Distribution ou l’Actionnaire peut être tenu responsable de toute perte subie par le Fonds.
Le traitement des ordres de rachat est assujetti à la réception et l’acceptation par ou au nom de l’Agent de transfert, la Société et/ou le Gestionnaire d’un ordre de rachat valable. Sous réserve des dispositions de la section « Limites de rachat » dans le Prospectus, les ordres de rachat reçus et acceptés par ou au nom de l’Agent de transfert ou par la Société ou par le Gestionnaire avant l’Heure Limite de Négociation un Jour Ouvré seront traités à la valeur liquidative par Action déterminée ce Jour Ouvré.
| Souscription | Heure Limite de Négociation | Heure de Règlement |
| --- | --- | --- |
| Souscriptions (autres que les Actions de Catégorie Z) | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |
| Souscriptions effectuées directement auprès de l’Agent de Transfert par des Investisseurs Institutionnels Éligibles/Actions de Catégorie Z | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | 15h30,	heure	de Londres J |
| Rachat | Heure Limite de Négociation | Heure de Règlement |
| Tous les Rachats | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |


### LE CONSEILLER EN INVESTISSEMENT PAR DÉLÉGATION
Le Gestionnaire a désigné JCIL en tant que conseiller en investissement de la Société. À la date du présent Supplément, JCIL a délégué à JCM la responsabilité de fournir des services discrétionnaires de conseil et de gestion de portefeuille, concernant tout ou partie des actifs du Fonds.

### CHARGES ET COMMISSIONS
Les charges et commissions auxquelles est soumis tout investissement dans un Fonds (comprenant les droits d’entrée, les droits de sortie conditionnels différés (CDSC), l’ajustement de la dilution, une commission de gestion et une commission de distribution) sont décrits en détail dans le Prospectus à la section « Charges et Commissions », dont un résume figure ci-dessous. Les Charges et Commissions sur les Catégories d’Actions de capital peuvent imputer certaines commissions et charges sur le capital plutôt que sur les revenus.
| Type de commission | Actions de Catégorie A | Actions de Catégorie B | Actions de Catégorie E | Actions de Catégorie G | Actions de Catégorie H | Actions de Catégorie I | Actions de Catégorie S | Actions de Catégorie V | Actions de Catégorie Z |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Droit d'entrée | Jusqu'à 5,00 % du montant souscrit | S/O | Jusqu'à 3,00 % du montant souscrit | S/O | S/O | Jusqu'à 2,00 % du montant souscrit | Jusqu'à 2,00 % du montant souscrit | S/O | S/O |
| CDSC Moins d'un an depuis l’achat - à 2 ans
- à 3 ans
- à 4 ans Plus de 4 ansdepuis l’achat
 | S/O | 4 % 3 % 2 % 1 % 0 % | S/O | S/O | S/O | S/O | S/O | 3 % 2 % 1 % 0 % - | S/O |
| Commissions de services aux Actionnaires | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 1,25 % de la valeur liquidative | S/O | S/O | S/O | S/O | Jusqu'à 0,75 % de la valeur liquidative | S/O |

| Type de commission | Actions de Catégorie A | Actions de Catégorie B | Actions de Catégorie E | Actions de Catégorie G | Actions de Catégorie H | Actions de Catégorie I | Actions de Catégorie S | Actions de Catégorie V | Actions de Catégorie Z |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Commission de distribution | S/O | Jusqu'à 1,00 % de la valeur liquidative | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Commission de gestion d’investissem ent | Jusqu'à 1,00 % de la valeur liquidative | Jusqu'à 1,50 % de la valeur liquidative | Jusqu'à 1,50 % de la valeur liquidative | Jusqu'à 0,80 % de la valeur liquidative | Jusqu'à 0,80 % de la valeur liquidative | Jusqu'à 0,95 % de la valeur liquidative | Jusqu'à 0,95 % de la valeur liquidative | Jusqu'à 1,50 % de la valeur liquidative | Voir Prospectus |
| Commission de performance | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Charges et Commissions | 2,25 % de la valeur liquidative | 3,75 % de la valeur liquidative | 3,25 % de la valeur liquidative | 1,05 % de la valeur liquidative | 1,05 % de la valeur liquidative | 1,20 % de la valeur liquidative | 1,05 % de la valeur liquidative | 3,00 % de la valeur liquidative | Voir Prospectus |


### AJUSTEMENT DE DILUTION
Un ajustement de dilution peut être appliqué à la Valeur liquidative par Action du Fonds au cours d’un jour de négociation (i) si les souscriptions ou rachats nets dépassent le seuil déterminé à l’avance relatif à la Valeur liquidative du Fonds (lorsqu’un tel seuil est ponctuellement déterminé à l’avance pour le Fonds par le Gestionnaire) ou (ii) dans tout autre cas impliquant des souscriptions ou des rachats nets dans le Fonds, si le Gestionnaire ou ses délégués estiment raisonnablement que l’imposition d’un ajustement de dilution s’inscrira dans l’intérêt des Actionnaires existants.

### CATÉGORIES D’ACTIONS
Comme décrit plus particulièrement dans la section « Les Actions » du Prospectus, la Société propose 11 Catégories d’Actions avec diverses politiques de distribution, fréquences de distribution, politiques de couverture et devises dans chaque Catégorie. Le nouveau nom de chaque Catégorie d’Actions offertes par la Société permet aux Actionnaires d’identifier la politique de distribution, la fréquence de distribution, la politique de couverture et la devise d’une Catégorie en fonction de sous-classifications. Le tableau ci-dessous apporte des précisions sur les Catégories d’Actions approuvées par la Banque Centrale, ainsi que sur les Catégories disponibles à l’achat à la date du présent Supplément.
Si, pour une catégorie d’actions donnée d’un fonds donné, aucune émission n’avait préalablement été faite ou s’il est procédé à une réémission, une souscription initiale sera alors possible : (i) à la/aux date(s) devant être déterminée(s) par le Gestionnaire et communiquée(s) à l’avance à la Banque centrale et (ii) le prix de l’offre initiale et le prix de réémission stipulés dans le Prospectus à la section intitulée « Offres initiales de catégories d’actions ». Dans le cas d’un Fonds au titre duquel une ou plusieurs Catégories d’Actions sont déjà émises, le prix de l’offre initiale par Action pour toute Catégorie d’Actions supplémentaire émise en rapport avec ledit Fonds pourra correspondre à la valeur liquidative par Action desdites autres Catégories d’Actions du Fonds concerné tel que fixé par le Gestionnaire et communiqué à l’avance à la Banque Centrale, ainsi qu’aux Actionnaires potentiels.
| CATÉGORIES D’ACTIONS approuvées par la Banque Centrale à la date du présent Supplément |
| --- |
| Catégories libellées en Dollars américains | Catégories libellées en Euros | Catégories libellées en Livres sterling | Catégories libellées en Dollars de Hong Kong | Catégories libellées en Dollars australiens | Catégories libellées en Francs suisses | Catégories libellées en Dollars canadiens | Catégories libellées en Renminbi (CNH) | Catégories libellées en Couronnes suédoises | Catégories libellées en Dollars néo- zélandais | Catégories libellées en Dollars de Singapour |
| A2 USD B2 USD E2 USD I2 USD S2 USD H2 USD G2 USD V2 USD Z2 USD A1 USD I1 USD H1 USD | A2 HEUR B2 HEUR E2 HEUR I2 HEUR I2 EUR S2 HEUR H2 HEUR G2 HEUR V2 HEUR Z2 EUR A1 HEUR H1 HEUR | I2 HGBP I2 GBP S2 HGBP H2 GBP H2 HGBP G2 HGBP G2 GBP Z2 GBP Z2 HGBP | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF G2 HCHF Z2 CHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD |


### Supplément concernant le Fonds

### Janus Henderson Intech All-World Minimum Variance Core Fund

### Le présent Supplément est établi en date du 26 février 2021.
Le présent Supplément contient des informations spécifiques au fonds Janus Henderson Intech All- World Minimum Variance Core Fund (le « Fonds »), un compartiment de Janus Henderson Capital Funds plc (la « Société »). La Société est un OPCVM établi sous la forme d’une société d’investissement à capital variable avec séparation des passifs entre les Fonds, constituée en Irlande et régie par la Banque centrale.
Ce Supplément fait partie intégrante du dernier Prospectus et doit être lu conjointement avec celui-ci. Le Prospectus peut être révisé ou complété de temps à autre. Les termes commençant par une majuscule utilisés dans le présent Supplément, qui n'ont pas été définis dans les présentes, ont la même signification que dans le Prospectus.

### RÉSUMÉ

### Les informations reprises sous ce titre constituent un résumé des principales caractéristiques du Fonds et doivent être lues conjointement avec le texte complet de ce Supplément.
| Catégories d’Actions | Des précisions sur les Catégories d'Actions sont présentées ci-dessous à la section intitulée « Catégories d’Actions ». |
| --- | --- |
| L’attention des investisseurs est attirée sur le fait qu’à la date du présent Supplément, seules certaines Catégories d’Actions du Fonds sont actuellement ouvertes à la souscription. En outre, toutes les Catégories d’Actions ne sont pas disponibles dans toutes les juridictions. Les investisseurs sont priés de se mettre en rapport avec l’Agent de Distribution pour obtenir la liste des Catégories d’Actions à leur disposition. |
| Fréquence des souscriptions, rachats et échanges | Sauf indication contraire des Administrateurs et/ou du Gestionnaire, les souscriptions, les rachats et les échanges d’Actions peuvent être effectués tout Jour Ouvré en suivant les procédures décrites dans les sections du Prospectus intitulées « Comment acheter des Actions », « Comment obtenir le rachat d’Actions » et « Comment échanger ou céder des Actions ». |
| Souscriptions minimales | Les souscriptions initiales et ultérieures minimales applicables à chaque Catégorie au sein du Fonds sont spécifiées dans la section du Prospectus intitulée « Comment acheter des Actions ». |
| Adaptation des Catégories | L’adaptation des Catégories et l’éligibilité des investisseurs pour des Catégories particulières sont décrites à la section intitulée « Les Actions » du Prospectus. |
| Devise de base | Dollar US |


### OBJECTIF ET POLITIQUES D’INVESTISSEMENT
L’objectif d’investissement de ce Fonds est la croissance à long terme du capital. Le Fonds poursuit son objectif en investissant au moins 80 % de sa valeur liquidative en actions (également appelées parts de société) et en titres assimilés à des actions de sociétés situées partout dans le monde et dont la capitalisation boursière est au moins égale à celle de l’une des sociétés figurant dans la composition de l’indice FTSE All- World Minimum Variance Index (Hedged to GBP). Le Fonds prévoit de couvrir les diverses expositions à une devise sous-jacente dans l’indice FTSE All-World Minimum Variance (Hedged to GBP) (autre qu’une exposition à la Livre sterling) à la Livre sterling dans la mesure où la couverture d’une telle devise est cohérente avec l’objectif d’investissement du Fonds. La couverture d’une devise sera basée sur la pondération de ces devises sous-jacentes au sein de l’indice FTSE All-World Minimum Variance Index (Hedged to GBP). Par conséquent, l’exposition du Fonds à une devise peut être supérieure ou inférieure à l’exposition pondérée à cette devise au sein de l’indice FTSE All-World Minimum Variance Index (Hedged to GBP).

### Objectif de performance : Surperformer l’indice FTSE All-World Minimum Variance (Hedged to GBP) d’au moins 1,75 % par an, avant déduction des frais, sur toute période de 5 ans.
Le Fonds est géré activement en fonction de l’indice FTSE All-World Minimum Variance Index (Hedged to GBP), qui est largement représentatif des sociétés dans lesquelles il peut investir et sur la base duquel l’objectif de performance du Fonds est défini. Le Conseiller en Investissement par Délégation adopte une approche mathématique de l’investissement qui contrôle dans quelle mesure le portefeuille peut différer de l’indice. Les détails de la performance du Fonds sont disponibles dans les rapports annuels et semestriels, les documents de commercialisation et dans le DICI. Rien ne garantit que la performance du Fonds sera égale ou supérieure à cet indice de référence.
Le Conseiller en Investissement par Délégation applique un processus d’investissement mathématique permettant de constituer des portefeuilles de titres dont la volatilité moyenne des actions est supérieure à celle de l’indice et de combiner ces titres sans que la volatilité globale du portefeuille ne dépasse celle de l’indice. Les actions plus volatiles tendent à être celles de sociétés à plus faible capitalisation de l’indice. Le Conseiller en Investissement par Délégation assure la gestion des risques en les évaluant comme s’il s’agissait d’un investissement direct dans l’indice. Les contrôles de risques sont conçus de façon à minimiser le risque de sous-performance significative par rapport à l’indice de référence.
En raison de son exposition aux Marchés en développement, un investissement dans le Fonds ne doit pas représenter une part substantielle des investissements d’un portefeuille d’investissement et peut ne pas convenir à tous les investisseurs. Le Fonds peut également chercher à adhérer à des directives environnementales, sociales et de gouvernance dans une mesure déterminée par le Conseiller en Investissement par Délégation, à sa seule discrétion.
Pour éviter tout doute, le Fonds est est un Fonds d’investissement en Actions. Le Fonds poursuit ses objectifs en recourant à un processus mathématique de gestion de portefeuille afin d’élaborer un portefeuille d’investissement à partir d’actions et de titres assimilés, y compris les actions de préférence, les obligations convertibles (qui peuvent ne pas bénéficier d’une notation de qualité Investment Grade ; veuillez vous reporter à l’Annexe 3 du Prospectus), en fonction de son indice de référence respectif. Le processus mathématique se fonde sur la tendance naturelle des cours des titres à varier au fil du temps (volatilité) et sur les corrélations de cette volatilité afin de choisir les titres ainsi que leurs proportions dans le portefeuille du Fonds.
Le Fonds poursuit son objectif en constituant des portefeuilles de titres dont la volatilité moyenne des actions est supérieure à celle de l’indice et en combinant ces titres sans que la volatilité globale du portefeuille ne dépasse celle de l’indice. Les actions plus volatiles tendent à être celles de sociétés à plus faible capitalisation de l'indice respectif. Le Conseiller en Investissement par Délégation assure la gestion des risques en les évaluant comme s’il s’agissait d’un investissement direct dans l’indice. Les contrôles de risques sont conçus de façon à minimiser le risque de sous-performance significative par rapport à l’indice de référence concerné. Le Conseiller en Investissement par Délégation applique un processus d’investissement mathématique dans le but de constituer un portefeuille composé de titres dont la combinaison est plus efficace que l’indice. Le processus vise à tirer parti de la volatilité naturelle du marché en recherchant des actions de l’indice de référence qui présentent une forte volatilité (offrant ainsi un potentiel de rendements supérieurs), mais qui évoluent dans des directions opposées ou dont la corrélation les unes avec les autres est faible (offrant un potentiel de risque relatif moindre). Le portefeuille ainsi conçu et son rééquilibrage périodique pour garantir des pondérations plus efficaces permettent au processus d’investissement mathématique du Conseiller en Investissement par Délégation de créer un portefeuille qui, sur la durée, génère des rendements supérieurs à ceux de son indice pour un niveau de risque égal ou inférieur.
Le Fonds pourra investir jusqu’à concurrence de 10 % de sa valeur liquidative dans des titres d’autres Organismes de placement collectif admissibles. Un tel investissement englobe la possibilité d’investir dans d’autres Fonds. Cependant, le Fonds ne peut pas investir dans un autre Fonds détenant lui-même des Actions d’un autre Fonds. Lorsqu'il investit dans un autre Fonds, le Fonds ne peut pas prélever une commission annuelle de gestion de portefeuille et/ou de gestion administrative pour ce qui concerne la fraction de ses actifs qui sont investis dans l'autre Fonds.
Le Fonds peut investir en instruments financiers dérivés à des fins de gestion efficace du portefeuille. Les investissements du Fonds en instruments dérivés seront soumis aux limites stipulées dans la politique
d’investissement du Fonds ainsi qu’aux conditions et limites éventuellement stipulées par la Banque centrale. Le Fonds peut recourir à des instruments financiers dérivés à des fins d’exposition à une devise. Le Fonds est autorisé à des fins d’investissement à investir jusqu’à 100 % de sa valeur liquidative dans des instruments financiers dérivés. Le montant maximal d’effet de levier (lorsqu’il est calculé en utilisant l’approche d’engagement) que le Fonds peut créer grâce à l’utilisation d’instruments financiers dérivés est de 100 % de la valeur liquidative du Fonds. Toutefois, les Actionnaires doivent noter que, compte tenu de la nature des instruments dérivés et du fait que ces instruments peuvent être négociés à la marge, un relativement faible mouvement défavorable du cours du sous-jacent d’un instrument dérivé donné peut entraîner des mouvements immédiats et importants de l’exposition du Fonds à cet instrument dérivé. Si les limites d’exposition liées à un instrument dérivé devaient être supérieures pour des raisons échappant au contrôle du Fonds, celui-ci aura pour priorité de remédier à cette situation en tenant compte des intérêts de ses Actionnaires.
Les titres sont généralement sélectionnés par le Conseiller en investissement par délégation sans considération du secteur d’activité ou d’autres critères de sélection semblables ; le Fonds n’a pas vocation à être spécialisé dans un secteur d’activité donné.
Le pourcentage des actifs du Fonds investis en Actions variera et, selon les conditions de marché analysées par le Conseiller en Investissement par Délégation, le Fonds peut détenir, à titre accessoire dans son portefeuille, des liquidités ou des titres à court terme portant intérêt, tels que des Titres d’État ou des Titres de Créance. Le Fonds peut investir, dans une moindre mesure, dans d’autres types de valeurs, notamment des Actions de préférence, des Titres d’État, des Titres de Créance, des warrants et des titres convertibles en Actions, quand le Conseiller en Investissement par Délégation perçoit une opportunité de croissance du capital sur ces titres. Le Fonds peut investir jusqu’à concurrence de 10 % de sa valeur liquidative dans des titres adossés à prêts hypothécaires et à des actifs émis ou garantis par un gouvernement d’un pays membre de l’OCDE, ou ses organismes ou démembrements ou par des émetteurs privés, et dont la notation peut être inférieure aux notations de Premier Ordre telles qu’attribuées par les principales agences de notation. Le Fonds peut investir, directement ou indirectement (à savoir par l’intermédiaire de certificats américains d’actions étrangères, de certificats européens d’actions étrangères et de certificats internationaux d’actions étrangères) sur les marchés concernés. Le Fonds peut également investir jusqu’à concurrence de 5 % de sa valeur liquidative en titres à coupon zéro, en titres payant leurs intérêts en nature et en Titres à Coupon Progressif ainsi que, sans limitation, en Titres Indexés/Structurés. Les obligations payant leurs intérêts en nature sont des obligations qui peuvent payer leurs intérêts sous la forme d’obligations supplémentaires de même nature.

### RÈGLEMENT EUROPÉEN SUR LES INDICES DE RÉFÉRENCE
À la date de publication du Supplément, FTSE International Limited (en qualité d'administrateur de l'indice FTSE All World Minimum Variance) figure dans le registre tenu par l’AEMF en vertu du Règlement concernant les indices utilisés comme indices de référence.

### UTILISATION DE MESURES DÉFENSIVES TEMPORAIRES
Dans certaines circonstances, à titre temporaire et exceptionnel, lorsque le Conseiller en Investissement ou le Conseiller en Investissement par Délégation concerné estime qu’il en va de l’intérêt des Actionnaires, le Fonds pourra effectuer quelques entorses à ses politiques d’investissement telles qu’elles figurent ci-dessus. Pour de plus amples informations, se référer à la section « Utilisation de mesures défensives temporaires » du Prospectus.

### PROFIL DE L’INVESTISSEUR TYPE

### Le Fonds s’adresse à une grande diversité d’investisseurs, qui recherchent l’accès à un portefeuille géré dans le respect d’un objectif et d’une politique d’investissement spécifiques.
L’investisseur potentiel doit choisir la Catégorie qui correspond le mieux à ses besoins. En sélectionnant une Catégorie, les investisseurs potentiels doivent prendre en considération les éléments suivants :
- le montant qu’ils prévoient d’investir ;
- la durée de détention prévue des Actions ;
- les frais payés au titre de chaque Catégorie ;
- l’admissibilité des Actionnaires au bénéfice d’une renonciation ou d’un abandon des droits d’entrée ;
- la devise de la catégorie d’actions.


### LIMITES D'INVESTISSEMENTS

### Chacun des investissements du Fonds sera limité aux investissements autorisés par le Règlement sur les OPCVM et d'autres limites applicables stipulées à l'Annexe 4 du Prospectus.

### UTILISATION D’INSTRUMENTS ET DE TECHNIQUES D’INVESTISSEMENT ET D’INSTRUMENTS FINANCIERS DÉRIVÉS
Sous réserve de la capacité du Fonds à investir dans des instruments financiers dérivés à des fins d'investissement, comme indiqué à la section « Objectif et Politiques d’investissement » ci-dessus, le Conseillers en Investissement par Délégation peut seulement employer des instruments et des techniques d’investissement tels que des contrats à terme normalisés, des options, des swaps et autres instruments financiers dérivés pour une gestion efficace du portefeuille (à savoir une réduction des risques, une réduction des coûts et la génération de capital ou de revenu supplémentaire pour le Fonds) et le Conseiller en Investissement par Délégation est tenu de se conformer aux conditions et restrictions stipulées périodiquement par la Banque centrale. De plus amples informations figurent aux sections « Utilisation d'instruments et de techniques d'investissement et d'instruments financiers dérivés » et « Types et description d'instruments financiers dérivés » du Prospectus.

### La principale méthode de calcul de l’exposition globale pour le Fonds est l'approche d'engagement.

### RÈGLEMENT SUR LES OPÉRATIONS DE FINANCEMENT SUR TITRES
Comme décrit plus particulièrement dans la section « Réglementation des opérations de financement de titres » du Prospectus, sous réserve des limites d’investissement indiquées en Annexe 4 du Prospectus, ainsi que des limites d’investissement définies à la section « Objectif et politiques d’investissement » du Supplément : (a) en ce qui concerne les investissements autorisés dans les swaps sur rendement total, le Fonds peut investir 0 % de sa Valeur liquidative ; et (b) le Fonds peut investir au maximum 100 % de sa Valeur liquidative dans des Opérations de financement sur titres. Sous réserve des limites susmentionnées, le Fonds devrait en général investir entre 0 et 20 % de sa Valeur liquidative dans des swaps sur rendement total et des Opérations de financement sur titres.

### FACTEURS DE RISQUE ET CONSIDÉRATIONS PARTICULIÈRES
L’attention des investisseurs est attirée sur les facteurs de risque et autres considérations particulières qui sont décrits dans le Prospectus à la section intitulée « Facteurs de risque et considérations particulières » et qui peuvent affecter le Fonds. Cette liste de facteurs de risque liés aux investissements dans le Fonds n’est pas exhaustive, et l’attention de l’investisseur est attirée sur la description des instruments financiers qui apparaît à la section « Objectif et politiques d’investissement ».

### POLITIQUE DE DISTRIBUTION
Telles que décrites plus particulièrement dans le Prospectus à la section « Les Actions » et dans le Supplément à la section intitulée « Catégories d'Actions », les Catégories d’Actions de Distribution peuvent différer en termes de fréquence de distribution. Les Catégories d’Actions de Distribution peuvent effectuer des distributions de façon mensuelle, trimestrielle, semestrielle ou annuelle, tel que déterminé moment du lancement de la Catégorie d’Actions concernée. La fréquence de distribution des Catégories d’Actions est indiquée dans le tableau ci-dessous :
| Fréquence de distribution | Dates de déclaration de distribution |
| --- | --- |
| Catégories d’Actions de capitalisation |
| Sans objet | Sans objet |
| Catégories d’Actions de Distribution |
| Mensuelle | Mensuelle, en principe le 15 de chaque mois à moins que ce jour ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Trimestrielle | Trimestrielle, normalement le 15 janvier, le 15 avril, le 15 juillet et le 15 octobre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Semestrielle | Semestrielle, en principe le 15 avril et le 15 octobre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Annuelle | Annuelle, en principe le 15 octobre à moins qu’il ne s’agisse pas d’un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède la date mentionnée. |


### HEURES LIMITES DE NÉGOCIATION ET HEURES DE RÈGLEMENT
Les ordres de souscription d’Actions reçus et acceptés par ou au nom de l’Agent de transfert ou la Société et/ou le Gestionnaire avant l’Heure Limite de Négociation au cours d’un Jour Ouvré repris dans les tableaux ci-dessous seront traités au prix de l’offre déterminé ce Jour Ouvré. Les ordres de souscription d’Actions reçus par ou au nom de l’Agent de transfert ou de la Société et/ou du Gestionnaire après l’Heure Limite de Négociation un Jour Ouvré seront traités au prix de l’offre déterminé le Jour Ouvré suivant. Si le paiement des ordres de souscription n’est pas reçu à l’Heure de Règlement correspondante, une souscription peut être annulée ou l’Actionnaire peut être amené à payer des intérêts sur les montants de souscription non soldés aux taux normaux en vigueur. Dans ce cas, l’Agent de Distribution ou l’Actionnaire peut être tenu responsable de toute perte subie par le Fonds.
Le traitement des ordres de rachat est assujetti à la réception et l’acceptation par ou au nom de l’Agent de transfert, la Société et/ou le Gestionnaire d’un ordre de rachat valable. Sous réserve des dispositions de la section « Limites de rachat » dans le Prospectus, les ordres de rachat reçus et acceptés par ou au nom de l’Agent de transfert ou par la Société ou par le Gestionnaire avant l’Heure Limite de Négociation un Jour Ouvré seront traités à la valeur liquidative par Action déterminée ce Jour Ouvré.
| Souscription | Heure Limite de Négociation | Heure de Règlement |
| --- | --- | --- |
| Souscriptions (autres que les Actions de Catégorie Z) | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |
| Souscriptions effectuées directement auprès de l’Agent de Transfert par des Investisseurs Institutionnels Éligibles/Actions de Catégorie Z | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | 15h30, heure de Londres J |
| Rachat | Heure Limite de Négociation | Heure de Règlement |
| Tous les Rachats | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |


### LE CONSEILLER EN INVESTISSEMENT PAR DÉLÉGATION
Le Gestionnaire a désigné JCIL en tant que conseiller en investissement de la Société. À la date du présent Supplément, JCIL a délégué à Intech la responsabilité de fournir des services discrétionnaires de conseil et de gestion de portefeuille concernant le Fonds.

### CHARGES ET COMMISSIONS
Les charges et commissions auxquelles est soumis tout investissement dans un Fonds (comprenant les droits d’entrée, les droits de sortie conditionnels différés (CDSC), l’ajustement de la dilution, une commission de gestion et une commission de distribution) sont décrits en détail dans le Prospectus à la section « Charges et Commissions », dont un résume figure ci-dessous. Les Charges et Commissions sur les Catégories d’Actions de capital peuvent imputer certaines commissions et charges sur le capital plutôt que sur les revenus.
| Type de commission | Actions de Catégorie A | Actions de Catégorie B | Actions de Catégorie E | Actions de Catégorie G | Actions de Catégorie H | Actions de Catégorie I | Actions de Catégorie S | Actions de Catégorie V | Actions de Catégorie Z |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Droit d'entrée | Jusqu'à 5,00 % du montant souscrit | S/O | Jusqu'à 3,00 % du montant souscrit | S/O | S/O | Jusqu'à 2,00 % du montant souscrit | Jusqu'à 2,00 % du montant souscrit | S/O | S/O |
| CDSC Moins d'un an depuis l’achat - à 2 ans
- à 3 ans
- à 4 ans Plus de 4 ansdepuis l’achat
 | S/O | 4 % 3 % 2 % 1 % 0 % | S/O | S/O | S/O | S/O | S/O | 3 % 2 % 1 % 0 % - | S/O |
| Commissions de services aux Actionnaires | Jusqu'à 0,50 % de la valeur liquidative | Jusqu'à 0,50 % de la valeur liquidative | Jusqu'à 1,25 % de la valeur liquidative | S/O | S/O | S/O | S/O | Jusqu'à 0,50 % de la valeur liquidative | S/O |

| Type de commission | Actions de Catégorie A | Actions de Catégorie B | Actions de Catégorie E | Actions de Catégorie G | Actions de Catégorie H | Actions de Catégorie I | Actions de Catégorie S | Actions de Catégorie V | Actions de Catégorie Z |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Commission de distribution | S/O | Jusqu'à 1,00 % de la valeur liquidative | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Commission de gestion d’investissem ent | Jusqu'à 0,85 % de la valeur liquidative | Jusqu'à 0,85 % de la valeur liquidative | Jusqu'à 0,85 % de la valeur liquidative | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 0,80 % de la valeur liquidative | Jusqu'à 0,80 % de la valeur liquidative | Jusqu'à 0,85 % de la valeur liquidative | Voir Prospectus |
| Commission de performance | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Charges et Commissions | 1,85 % de la valeur liquidative | S/O | 2,60 % de la valeur liquidative | 1,25 % de la valeur liquidative | 1,25 % de la valeur liquidative | 1,05 % de la valeur liquidative | 1,05 % de la valeur liquidative | 1,85 % de la valeur liquidative | Voir Prospectus |


### AJUSTEMENT DE DILUTION
Un ajustement de dilution peut être appliqué à la Valeur liquidative par Action du Fonds au cours d’un jour de négociation (i) si les souscriptions ou rachats nets dépassent le seuil déterminé à l’avance relatif à la Valeur liquidative du Fonds (lorsqu’un tel seuil est ponctuellement déterminé à l’avance pour le Fonds par le Gestionnaire) ou (ii) dans tout autre cas impliquant des souscriptions ou des rachats nets dans le Fonds, si le Gestionnaire ou ses délégués estiment raisonnablement que l’imposition d’un ajustement de dilution s’inscrira dans l’intérêt des Actionnaires existants.

### CATÉGORIES D’ACTIONS
Comme décrit plus particulièrement dans la section « Les Actions » du Prospectus, la Société propose 11 Catégories d’Actions avec diverses politiques de distribution, fréquences de distribution, politiques de couverture et devises dans chaque Catégorie. Le nouveau nom de chaque Catégorie d’Actions offertes par la Société permet aux Actionnaires d’identifier la politique de distribution, la fréquence de distribution, la politique de couverture et la devise d’une Catégorie en fonction de sous-classifications. Le tableau ci-dessous apporte des précisions sur les Catégories d’Actions du Fonds approuvées par la Banque Centrale, ainsi que sur les Catégories disponibles à l’achat à la date du présent Supplément.
Si, pour une catégorie d’actions donnée d’un fonds donné, aucune émission n’avait préalablement été faite ou s’il est procédé à une réémission, une souscription initiale sera alors possible : (i) à la/aux date(s) devant être déterminée(s) par le Gestionnaire et communiquée(s) à l’avance à la Banque centrale et (ii) le prix de l’offre initiale et le prix de réémission stipulés dans le Prospectus à la section intitulée « Offres initiales de catégories d’actions ». Dans le cas d’un Fonds au titre duquel une ou plusieurs Catégories d’Actions sont déjà émises, le prix de l’offre initiale par Action pour toute Catégorie d’Actions supplémentaire émise en rapport avec ledit Fonds pourra correspondre à la valeur liquidative par Action desdites autres Catégories d’Actions du Fonds concerné tel que fixé par le Gestionnaire et communiqué à l’avance à la Banque Centrale, ainsi qu’aux Actionnaires potentiels.
| CATÉGORIES D’ACTIONS approuvées par la Banque Centrale à la date du présent Supplément |
| --- |
| Catégories libellées en Dollars américains | Catégories libellées en Euros | Catégories libellées en Livres sterling | Catégories libellées en Dollars de Hong Kong | Catégories libellées en Dollars australiens | Catégories libellées en Francs suisses | Catégories libellées en Dollars canadiens | Catégories libellées en Renminbi (CNH) | Catégories libellées en Couronnes suédoises | Catégories libellées en Dollars néo- zélandais | Catégories libellées en Dollars de Singapour |
| A2 USD B2 USD E2 USD I2 USD S2 USD H2 USD G2 USD V2 USD Z2 USD | A2 HEUR B2 HEUR E2 HEUR I2 HEUR S2 HEUR H2 HEUR G2 HEUR V2 HEUR Z2 EUR | I2 GBP S2 HGBP H2 GBP G2 GBP Z2 GBP | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF G2 HCHF Z2 CHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD |


### Supplément concernant le Fonds

### Janus Henderson Intech Emerging Markets Managed Volatility Fund

### Le présent Supplément est établi en date du 26 février 2021.
Le présent Supplément contient des informations spécifiques au fonds Janus Henderson Intech Emerging Markets Managed Volatility Fund (le « Fonds »), un compartiment de Janus Henderson Capital Funds plc (la « Société »). La Société est un OPCVM établi sous la forme d’une société d’investissement à capital variable avec séparation des passifs entre les Fonds, constituée en Irlande et régie par la Banque centrale.
Ce Supplément fait partie intégrante du dernier Prospectus et doit être lu conjointement avec celui-ci. Le Prospectus peut être révisé ou complété de temps à autre. Les termes commençant par une majuscule utilisés dans le présent Supplément, qui n'ont pas été définis dans les présentes, ont la même signification que dans le Prospectus.

### RÉSUMÉ

### Les informations reprises sous ce titre constituent un résumé des principales caractéristiques du Fonds et doivent être lues conjointement avec le texte complet de ce Supplément.
| Catégories d’Actions | Des précisions sur les Catégories d'Actions sont présentées ci-dessous à la section intitulée « Catégories d’Actions ». |
| --- | --- |
| L’attention des investisseurs est attirée sur le fait qu’à la date du présent Supplément, seules certaines Catégories d’Actions du Fonds sont actuellement ouvertes à la souscription. En outre, toutes les Catégories d’Actions ne sont pas disponibles dans toutes les juridictions. Les investisseurs sont priés de se mettre en rapport avec l’Agent de Distribution pour obtenir la liste des Catégories d’Actions à leur disposition. |
| Fréquence des souscriptions, rachats et échanges | Sauf indication contraire des Administrateurs et/ou du Gestionnaire, les souscriptions, les rachats et les échanges d’Actions peuvent être effectués tout Jour Ouvré en suivant les procédures décrites dans les sections du Prospectus intitulées « Comment acheter des Actions », « Comment obtenir le rachat d’Actions » et « Comment échanger ou céder des Actions ». |
| Souscriptions minimales | Les souscriptions initiales et ultérieures minimales applicables à chaque Catégorie au sein du Fonds sont spécifiées dans la section du Prospectus intitulée « Comment acheter des Actions ». |
| Adaptation des Catégories | L’adaptation des Catégories et l’éligibilité des investisseurs pour des Catégories particulières sont décrites à la section intitulée « Les Actions » du Prospectus. |
| Devise de base | Dollar US |


### OBJECTIF ET POLITIQUES D’INVESTISSEMENT
L’objectif d’investissement de ce Fonds est la croissance à long terme du capital. Le Fonds poursuit son objectif en investissant au moins 80 % de sa valeur liquidative en actions et en titres assimilés à des actions de sociétés situées sur des Marchés en développement partout dans le monde dont la capitalisation boursière est au moins égale à celle de l’une des sociétés figurant dans la composition de l’indice MSCI Emerging Markets au moment de l’achat. En temps normal, il est prévu que le Fonds puisse offrir une volatilité moindre, telle que mesurée à l’aune de l’écart type, à celle de l’indice MSCI Emerging Markets sur l’intégralité d’un cycle du marché. Le Fonds tente d’atteindre cette volatilité moindre dans le cadre de son processus mathématique de gestion de portefeuille en cherchant à réduire l’écart type des rendements absolus du portefeuille. En raison de son exposition aux Marchés en développement, un investissement dans le Fonds ne doit pas représenter une part substantielle des investissements d’un portefeuille d’investissement et peut ne pas convenir à tous les investisseurs.

### Le Fonds cherche à générer de la croissance en investissant dans des Actions et dans des titres assimilés, cotés ou négociés sur des Marchés Réglementés considérés comme des Marchés en développement.
Pour éviter tout doute, le Fonds est est un Fonds d’investissement en Actions. Le Fonds poursuit ses objectifs en recourant à un processus mathématique de gestion de portefeuille afin d’élaborer un portefeuille d’investissement à partir d’actions et de titres assimilés, y compris les actions de préférence, les obligations convertibles (qui peuvent ne pas bénéficier d’une notation de qualité Investment Grade ; veuillez vous reporter à l’Annexe 3 du Prospectus), en fonction de son indice de référence. Le processus mathématique se fonde sur la tendance naturelle des cours des titres à varier au fil du temps (volatilité) et sur les corrélations de cette volatilité afin de choisir les titres ainsi que leurs proportions dans le portefeuille du Fonds. Le Fonds n’investira pas dans des instruments financiers dérivés (autres que des warrants, qui peuvent être acquis par le biais d’actions d’entreprise et qui ne sont pas prévus pour créer un effet de levier).
Dans le cas du Fonds, le processus vise à minimiser ou à réduire la volatilité absolue. Le portefeuille ainsi conçu et son rééquilibrage périodique pour garantir des pondérations plus efficaces permettent au processus d’investissement mathématique du Conseiller en Investissement par Délégation de créer un portefeuille qui, sur la durée, génère des rendements supérieurs à ceux de son indice pour un niveau de risque égal ou inférieur.
Le Fonds pourra investir jusqu’à concurrence de 5 % de sa valeur liquidative dans des titres d’autres Organismes de placement collectif admissibles. Un tel investissement englobe la possibilité d’investir dans d’autres Fonds. Cependant, le Fonds ne peut pas investir dans un autre Fonds détenant lui-même des Actions d’un autre Fonds. Lorsqu'il investit dans un autre Fonds, le Fonds ne peut pas prélever une commission annuelle de gestion de portefeuille et/ou de gestion administrative pour ce qui concerne la fraction de ses actifs qui sont investis dans l'autre Fonds.
Les titres sont généralement sélectionnés par le Conseiller en investissement par délégation sans considération du secteur d’activité ou d’autres critères de sélection semblables ; le Fonds n’a pas vocation à être spécialisé dans un secteur d’activité donné.
Le pourcentage des actifs du Fonds investis en Actions variera et, selon les conditions de marché analysées par le Conseiller en Investissement par Délégation, le Fonds peut détenir, à titre accessoire dans son portefeuille, des liquidités ou des titres à court terme portant intérêt, tels que des Titres d’État ou des Titres de Créance. Le Fonds peut investir, dans une moindre mesure, dans d’autres types de valeurs, notamment des Actions de préférence, des Titres d’État, des Titres de Créance, des warrants et des titres convertibles en Actions, quand le Conseiller en Investissement par Délégation perçoit une opportunité de croissance du capital sur ces titres. Le Fonds peut investir jusqu’à concurrence de 10 % de sa valeur liquidative dans des titres adossés à prêts hypothécaires et à des actifs émis ou garantis par un gouvernement d’un pays membre de l’OCDE, ou ses organismes ou démembrements ou par des émetteurs privés, et dont la notation peut être inférieure aux notations de Premier Ordre telles qu’attribuées par les principales agences de notation. Le Fonds peut investir, directement ou indirectement (à savoir par l’intermédiaire de certificats américains d’actions étrangères, de certificats européens d’actions étrangères et de certificats internationaux d’actions étrangères) sur les marchés concernés. Le Fonds peut également investir jusqu’à concurrence de 5 % de sa valeur liquidative en titres à coupon zéro, en titres payant leurs intérêts en nature et en Titres à Coupon Progressif ainsi que, sans limitation, en Titres Indexés/Structurés. Les obligations payant leurs intérêts en nature sont des obligations qui peuvent payer leurs intérêts sous la forme d’obligations supplémentaires de même nature.

### RÈGLEMENT EUROPÉEN SUR LES INDICES DE RÉFÉRENCE
À la date de publication du Supplément, MSCI LImited (en qualité d'administrateur de l'indice MSCI Emerging Markets) figure dans le registre tenu par l’AEMF en vertu du Règlement concernant les indices utilisés comme indices de référence.

### UTILISATION DE MESURES DÉFENSIVES TEMPORAIRES
Dans certaines circonstances, à titre temporaire et exceptionnel, lorsque le Conseiller en Investissement ou le Conseiller en Investissement par Délégation concerné estime qu’il en va de l’intérêt des Actionnaires, le
Fonds pourra effectuer quelques entorses à ses politiques d’investissement telles qu’elles figurent ci-dessus. Pour de plus amples informations, se référer à la section « Utilisation de mesures défensives temporaires » du Prospectus.

### PROFIL DE L’INVESTISSEUR TYPE

### Le Fonds s’adresse à une grande diversité d’investisseurs, qui recherchent l’accès à un portefeuille géré dans le respect d’un objectif et d’une politique d’investissement spécifiques.
L’investisseur potentiel doit choisir la Catégorie qui correspond le mieux à ses besoins. En sélectionnant une Catégorie, les investisseurs potentiels doivent prendre en considération les éléments suivants :
- le montant qu’ils prévoient d’investir ;
- la durée de détention prévue des Actions ;
- les frais payés au titre de chaque Catégorie ;
- l’admissibilité des Actionnaires au bénéfice d’une renonciation ou d’un abandon des droits d’entrée ;
- la devise de la catégorie d’actions.


### LIMITES D'INVESTISSEMENTS

### Chacun des investissements du Fonds sera limité aux investissements autorisés par le Règlement sur les OPCVM et d'autres limites applicables stipulées à l'Annexe 4 du Prospectus.

### RÈGLEMENT SUR LES OPÉRATIONS DE FINANCEMENT SUR TITRES
Comme décrit plus particulièrement dans la section « Réglementation des opérations de financement de titres » du Prospectus, sous réserve des limites d’investissement indiquées en Annexe 4 du Prospectus, ainsi que des limites d’investissement définies à la section « Objectif et politiques d’investissement » du Supplément : (a) en ce qui concerne les investissements autorisés dans les swaps sur rendement total, le Fonds peut investir 0 % de sa Valeur liquidative ; et (b) le Fonds peut investir au maximum 100 % de sa Valeur liquidative dans des Opérations de financement sur titres. Sous réserve des limites susmentionnées, le Fonds devrait en général investir entre 0 et 20 % de sa Valeur liquidative dans des swaps sur rendement total et des Opérations de financement sur titres.

### FACTEURS DE RISQUE ET CONSIDÉRATIONS PARTICULIÈRES
L’attention des investisseurs est attirée sur les facteurs de risque et autres considérations particulières qui sont décrits dans le Prospectus à la section intitulée « Facteurs de risque et considérations particulières » et qui peuvent affecter le Fonds. Cette liste de facteurs de risque liés aux investissements dans le Fonds n’est pas exhaustive, et l’attention de l’investisseur est attirée sur la description des instruments financiers qui apparaît à la section « Objectif et politiques d’investissement ».

### POLITIQUE DE DISTRIBUTION
Telles que décrites plus particulièrement dans le Prospectus à la section « Les Actions » et dans le Supplément à la section intitulée « Catégories d'Actions », les Catégories d’Actions de Distribution peuvent différer en termes de fréquence de distribution. Les Catégories d’Actions de Distribution peuvent effectuer des distributions de façon mensuelle, trimestrielle, semestrielle ou annuelle, tel que déterminé moment du lancement de la Catégorie d’Actions concernée. La fréquence de distribution des Catégories d’Actions est indiquée dans le tableau ci-dessous :
| Fréquence de distribution | Dates de déclaration de distribution |
| --- | --- |
| Catégories d’Actions de capitalisation |
| Sans objet | Sans objet |
| Catégories d’Actions de Distribution |
| Mensuelle | Mensuelle, en principe le 15 de chaque mois à moins que ce jour ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Trimestrielle | Trimestrielle, normalement le 15 janvier, le 15 avril, le 15 juillet et le 15 octobre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Semestrielle | Semestrielle, en principe le 15 avril et le 15 octobre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Annuelle | Annuelle, en principe le 15 octobre à moins qu’il ne s’agisse pas d’un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède la date mentionnée. |


### HEURES LIMITES DE NÉGOCIATION ET HEURES DE RÈGLEMENT
Les ordres de souscription d’Actions reçus et acceptés par ou au nom de l’Agent de transfert ou la Société et/ou le Gestionnaire avant l’Heure Limite de Négociation au cours d’un Jour Ouvré repris dans les tableaux ci-dessous seront traités au prix de l’offre déterminé ce Jour Ouvré. Les ordres de souscription d’Actions reçus par ou au nom de l’Agent de transfert ou de la Société et/ou du Gestionnaire après l’Heure Limite de Négociation un Jour Ouvré seront traités au prix de l’offre déterminé le Jour Ouvré suivant. Si le paiement des ordres de souscription n’est pas reçu à l’Heure de Règlement correspondante, une souscription peut être annulée ou l’Actionnaire peut être amené à payer des intérêts sur les montants de souscription non soldés aux taux normaux en vigueur. Dans ce cas, l’Agent de Distribution ou l’Actionnaire peut être tenu responsable de toute perte subie par le Fonds.
Le traitement des ordres de rachat est assujetti à la réception et l’acceptation par ou au nom de l’Agent de transfert, la Société et/ou le Gestionnaire d’un ordre de rachat valable. Sous réserve des dispositions de la section « Limites de rachat » dans le Prospectus, les ordres de rachat reçus et acceptés par ou au nom de l’Agent de transfert ou par la Société ou par le Gestionnaire avant l’Heure Limite de Négociation un Jour Ouvré seront traités à la valeur liquidative par Action déterminée ce Jour Ouvré.
| Souscription | Heure Limite de Négociation | Heure de Règlement |
| --- | --- | --- |
| Souscriptions (autres que les Actions de Catégorie Z) | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |
| Souscriptions effectuées directement auprès de l’Agent de Transfert par des Investisseurs Institutionnels Éligibles/Actions de Catégorie Z | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | 15h30, heure de Londres J |
| Rachat | Heure Limite de Négociation | Heure de Règlement |
| Tous les Rachats | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |


### LE CONSEILLER EN INVESTISSEMENT PAR DÉLÉGATION
Le Gestionnaire a désigné JCIL en tant que conseiller en investissement de la Société. À la date du présent Supplément, JCIL a délégué à Intech la responsabilité de fournir des services discrétionnaires de conseil et de gestion de portefeuille concernant le Fonds.

### CHARGES ET COMMISSIONS
Les charges et commissions auxquelles est soumis tout investissement dans un Fonds (comprenant les droits d’entrée, les droits de sortie conditionnels différés (CDSC), l’ajustement de la dilution, une commission de gestion et une commission de distribution) sont décrits en détail dans le Prospectus à la section « Charges et Commissions », dont un résume figure ci-dessous. Les Charges et Commissions sur les Catégories d’Actions de capital peuvent imputer certaines commissions et charges sur le capital plutôt que sur les revenus.
| Type de commission | Actions de Catégorie A | Actions de Catégorie B | Actions de Catégorie E | Actions de Catégorie G | Actions de Catégorie H | Actions de Catégorie I | Actions de Catégorie S | Actions de Catégorie V | Actions de Catégorie Z |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Droit d'entrée | Jusqu'à 5,00 % du montant souscrit | S/O | Jusqu'à 3,00 % du montant souscrit | S/O | S/O | Jusqu'à 2,00 % du montant souscrit | Jusqu'à 2,00 % du montant souscrit | S/O | S/O |
| CDSC Moins d'un an depuis l’achat - à 2 ans
- à 3 ans
- à 4 ans Plus de 4 ansdepuis l’achat
 | S/O | 4 % 3 % 2 % 1 % 0 % | S/O | S/O | S/O | S/O | S/O | 3 % 2 % 1 % 0 % - | S/O |
| Commissions de services aux Actionnaires | Jusqu'à 0,50 % de la valeur liquidative | Jusqu'à 0,50 % de la valeur liquidative | Jusqu'à 1,25 % de la valeur liquidative | S/O | S/O | S/O | S/O | Jusqu'à 0,50 % de la valeur liquidative | S/O |

| Type de commission | Actions de Catégorie A | Actions de Catégorie B | Actions de Catégorie E | Actions de Catégorie G | Actions de Catégorie H | Actions de Catégorie I | Actions de Catégorie S | Actions de Catégorie V | Actions de Catégorie Z |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Commission de distribution | S/O | Jusqu'à 1,00 % de la valeur liquidative | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Commission de gestion d’investissem ent | Jusqu'à 0,90 % de la valeur liquidative | Jusqu'à 0,90 % de la valeur liquidative | Jusqu'à 0,90 % de la valeur liquidative | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 0,85 % de la valeur liquidative | Jusqu'à 0,85 % de la valeur liquidative | Jusqu'à 0,90 % de la valeur liquidative | Voir Prospectus |
| Commission de performance | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Charges et Commissions | 1,90 % de la valeur liquidative | S/O | 2,65 % de la valeur liquidative | 1,25 % de la valeur liquidative | 1,25 % de la valeur liquidative | 1,10 % de la valeur liquidative | 1,10 % de la valeur liquidative | 1,90 % de la valeur liquidative | Voir Prospectus |


### AJUSTEMENT DE DILUTION
Un ajustement de dilution peut être appliqué à la Valeur liquidative par Action du Fonds au cours d’un jour de négociation (i) si les souscriptions ou rachats nets dépassent le seuil déterminé à l’avance relatif à la Valeur liquidative du Fonds (lorsqu’un tel seuil est ponctuellement déterminé à l’avance pour le Fonds par le Gestionnaire) ou (ii) dans tout autre cas impliquant des souscriptions ou des rachats nets dans le Fonds, si le Gestionnaire ou ses délégués estiment raisonnablement que l’imposition d’un ajustement de dilution s’inscrira dans l’intérêt des Actionnaires existants.

### CATÉGORIES D’ACTIONS
Comme décrit plus particulièrement dans la section « Les Actions » du Prospectus, la Société propose 11 Catégories d’Actions avec diverses politiques de distribution, fréquences de distribution, politiques de couverture et devises dans chaque Catégorie. Le nouveau nom de chaque Catégorie d’Actions offertes par la Société permet aux Actionnaires d’identifier la politique de distribution, la fréquence de distribution, la politique de couverture et la devise d’une Catégorie en fonction de sous-classifications. Le tableau ci-dessous apporte des précisions sur les Catégories d’Actions du Fonds approuvées par la Banque Centrale, ainsi que sur les Catégories disponibles à l’achat à la date du présent Supplément.
Si, pour une catégorie d’actions donnée d’un fonds donné, aucune émission n’avait préalablement été faite ou s’il est procédé à une réémission, une souscription initiale sera alors possible : (i) à la/aux date(s) devant être déterminée(s) par le Gestionnaire et communiquée(s) à l’avance à la Banque centrale et (ii) le prix de l’offre initiale et le prix de réémission stipulés dans le Prospectus à la section intitulée « Offres initiales de catégories d’actions ». Dans le cas d’un Fonds au titre duquel une ou plusieurs Catégories d’Actions sont déjà émises, le prix de l’offre initiale par Action pour toute Catégorie d’Actions supplémentaire émise en rapport avec ledit Fonds pourra correspondre à la valeur liquidative par Action desdites autres Catégories d’Actions du Fonds concerné tel que fixé par le Gestionnaire et communiqué à l’avance à la Banque Centrale, ainsi qu’aux Actionnaires potentiels.
| CATÉGORIES D’ACTIONS approuvées par la Banque Centrale à la date du présent Supplément |
| --- |
| Catégories libellées en Dollars américains | Catégories libellées en Euros | Catégories libellées en Livres sterling | Catégories libellées en Dollars de Hong Kong | Catégories libellées en Dollars australiens | Catégories libellées en Francs suisses | Catégories libellées en Dollars canadiens | Catégories libellées en Renminbi (CNH) | Catégories libellées en Couronnes suédoises | Catégories libellées en Dollars néo- zélandais | Catégories libellées en Dollars de Singapour |
| A2 USD B2 USD E2 USD I2 USD S2 USD H2 USD V2 USD Z2 USD | A2 HEUR B2 HEUR E2 HEUR I2 HEUR S2 HEUR H2 HEUR V2 HEUR Z2 EUR | I2 HGBP I2 GBP S2 HGBP H2 HGBP H2 GBP Z2 GBP Z2 HGBP | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF H2 HCHF G2 HCHF G2 CHF Z2 CHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD |


### Supplément concernant le Fonds Janus Henderson Intech European Core Fund

### Le présent Supplément est établi en date du 26 février 2021.
Le présent Supplément contient des informations spécifiques au fonds Janus Henderson Intech European Core Fund (le « Fonds »), un compartiment de Janus Henderson Capital Funds plc (la « Société »). La Société est un OPCVM établi sous la forme d’une société d’investissement à capital variable avec séparation des passifs entre les Fonds, constituée en Irlande et régie par la Banque centrale.
Ce Supplément fait partie intégrante du dernier Prospectus et doit être lu conjointement avec celui-ci. Le Prospectus peut être révisé ou complété de temps à autre. Les termes commençant par une majuscule utilisés dans le présent Supplément, qui n'ont pas été définis dans les présentes, ont la même signification que dans le Prospectus.

### RÉSUMÉ

### Les informations reprises sous ce titre constituent un résumé des principales caractéristiques du Fonds et doivent être lues conjointement avec le texte complet de ce Supplément.
| Catégories d’Actions | Des précisions sur les Catégories d'Actions sont présentées ci-dessous à la section intitulée « Catégories d’Actions ». |
| --- | --- |
| L’attention des investisseurs est attirée sur le fait qu’à la date du présent Supplément, seules certaines Catégories d’Actions du Fonds sont actuellement ouvertes à la souscription. En outre, toutes les Catégories d’Actions ne sont pas disponibles dans toutes les juridictions. Les investisseurs sont priés de se mettre en rapport avec l’Agent de Distribution pour obtenir la liste des Catégories d’Actions à leur disposition. |
| Fréquence des souscriptions, rachats et échanges | Sauf indication contraire des Administrateurs et/ou du Gestionnaire, les souscriptions, les rachats et les échanges d’Actions peuvent être effectués tout Jour Ouvré en suivant les procédures décrites dans les sections du Prospectus intitulées « Comment acheter des Actions », « Comment obtenir le rachat d’Actions » et « Comment échanger ou céder des Actions ». |
| Souscriptions minimales | Les souscriptions initiales et ultérieures minimales applicables à chaque Catégorie au sein du Fonds sont spécifiées dans la section du Prospectus intitulée « Comment acheter des Actions ». |
| Adaptation des Catégories | L’adaptation des Catégories et l’éligibilité des investisseurs pour des Catégories particulières sont décrites à la section intitulée « Les Actions » du Prospectus. |
| Devise de base | Euro |


### OBJECTIF ET POLITIQUES D’INVESTISSEMENT
L’objectif d’investissement de ce Fonds est la croissance à long terme du capital. Le Fonds poursuit son objectif en investissant au moins 80 % de sa valeur liquidative en actions (également appelées parts de société) et titres assimilés de sociétés situées en Europe et dont la capitalisation boursière est au moins égale à celle de l’une des sociétés figurant, au moment de l’achat, dans la composition de l’indice MSCI World.

### Objectif de performance : Surperformer l’indice MSCI Europe d’au moins 2,75 % par an, avant déduction des frais, sur toute période de 5 ans.
Le Fonds est géré activement en fonction de l’indice MSCI Europe, qui est largement représentatif des sociétés dans lesquelles il peut investir et sur la base duquel l’objectif de performance du Fonds est défini. Le Conseiller en Investissement par Délégation adopte une approche mathématique de l’investissement qui contrôle dans
quelle mesure le portefeuille peut différer de l’indice. Les détails de la performance du Fonds sont disponibles dans les rapports annuels et semestriels, les documents de commercialisation et dans le DICI. Rien ne garantit que la performance du Fonds sera égale ou supérieure à cet indice de référence.
Le Conseiller en Investissement par Délégation applique un processus d’investissement mathématique permettant de constituer des portefeuilles de titres dont la volatilité moyenne des actions est supérieure à celle de l’indice et de combiner ces titres sans que la volatilité globale du portefeuille ne dépasse celle de l’indice. Les actions plus volatiles tendent à être celles de sociétés à plus faible capitalisation de l’indice. Le Conseiller en Investissement par Délégation assure la gestion des risques en les évaluant comme s’il s’agissait d’un investissement direct dans l’indice. Les contrôles de risques sont conçus de façon à minimiser le risque de sous-performance significative par rapport à l’indice de référence.
Le Fonds cherche à générer du potentiel de croissance en investissant dans des Actions et dans des titres assimilés, cotés ou négociés sur des Marchés Réglementés qui ne sont pas considérés comme des Marchés en développement.
Pour éviter tout doute, le Fonds est est un Fonds d’investissement en Actions. Le Fonds poursuit ses objectifs en recourant à un processus mathématique de gestion de portefeuille afin d’élaborer un portefeuille d’investissement à partir d’actions et de titres assimilés, y compris les actions de préférence, les obligations convertibles (qui peuvent ne pas bénéficier d’une notation de qualité Investment Grade ; veuillez vous reporter à l’Annexe 3 du Prospectus), en fonction de son indice de référence. Le processus mathématique se fonde sur la tendance naturelle des cours des titres à varier au fil du temps (volatilité) et sur les corrélations de cette volatilité afin de choisir les titres ainsi que leurs proportions dans le portefeuille du Fonds. Le Fonds n’investira pas dans des instruments financiers dérivés (autres que des warrants, qui peuvent être acquis par le biais d’actions d’entreprise et qui ne sont pas prévus pour créer un effet de levier).
Le Fonds poursuit son objectif en constituant des portefeuilles de titres dont la volatilité moyenne des actions est supérieure à celle de l’indice et en combinant ces titres sans que la volatilité globale du portefeuille ne dépasse celle de l’indice. Les actions plus volatiles tendent à être celles de sociétés à plus faible capitalisation de l'indice respectif. Le Conseiller en Investissement par Délégation assure la gestion des risques en les évaluant comme s’il s’agissait d’un investissement direct dans l’indice. Les contrôles de risques sont conçus de façon à minimiser le risque de sous-performance significative par rapport à l’indice de référence concerné. Le Conseiller en Investissement par Délégation applique un processus d’investissement mathématique dans le but de constituer un portefeuille composé de titres dont la combinaison est plus efficace que l’indice. Le processus vise à tirer parti de la volatilité naturelle du marché en recherchant des actions de l’indice de référence qui présentent une forte volatilité (offrant ainsi un potentiel de rendements supérieurs), mais qui évoluent dans des directions opposées ou dont la corrélation les unes avec les autres est faible (offrant un potentiel de risque relatif moindre). Le portefeuille ainsi conçu et son rééquilibrage périodique pour garantir des pondérations plus efficaces permettent au processus d’investissement mathématique du Conseiller en Investissement par Délégation de créer un portefeuille qui, sur la durée, génère des rendements supérieurs à ceux de son indice pour un niveau de risque égal ou inférieur.
Le Fonds pourra investir jusqu’à concurrence de 5 % de sa valeur liquidative dans des titres d’autres Organismes de placement collectif admissibles. Un tel investissement englobe la possibilité d’investir dans d’autres Fonds. Cependant, le Fonds ne peut pas investir dans un autre Fonds détenant lui-même des Actions d’un autre Fonds. Lorsqu'il investit dans un autre Fonds, le Fonds ne peut pas prélever une commission annuelle de gestion de portefeuille et/ou de gestion administrative pour ce qui concerne la fraction de ses actifs qui sont investis dans l'autre Fonds.
Les titres sont généralement sélectionnés par le Conseiller en investissement par délégation sans considération du secteur d’activité ou d’autres critères de sélection semblables ; le Fonds n’a pas vocation à être spécialisé dans un secteur d’activité donné.
Le pourcentage des actifs du Fonds investis en Actions variera et, selon les conditions de marché analysées par le Conseiller en Investissement par Délégation, le Fonds peut détenir, à titre accessoire dans son portefeuille, des liquidités ou des titres à court terme portant intérêt, tels que des Titres d’État ou des Titres de Créance. Le Fonds peut investir, dans une moindre mesure, dans d’autres types de valeurs, notamment des Actions de préférence, des Titres d’État, des Titres de Créance, des warrants et des titres convertibles en Actions, quand le Conseiller en Investissement par Délégation perçoit une opportunité de croissance du capital sur ces titres. Le Fonds peut investir jusqu’à concurrence de 10 % de sa valeur liquidative dans des titres
adossés à prêts hypothécaires et à des actifs émis ou garantis par un gouvernement d’un pays membre de l’OCDE, ou ses organismes ou démembrements ou par des émetteurs privés, et dont la notation peut être inférieure aux notations de Premier Ordre telles qu’attribuées par les principales agences de notation. Le Fonds peut investir, directement ou indirectement (à savoir par l’intermédiaire de certificats américains d’actions étrangères, de certificats européens d’actions étrangères et de certificats internationaux d’actions étrangères) sur les marchés concernés. Le Fonds peut également investir jusqu’à concurrence de 5 % de sa valeur liquidative en titres à coupon zéro, en titres payant leurs intérêts en nature et en Titres à Coupon Progressif ainsi que, sans limitation, en Titres Indexés/Structurés. Les obligations payant leurs intérêts en nature sont des obligations qui peuvent payer leurs intérêts sous la forme d’obligations supplémentaires de même nature.

### RÈGLEMENT EUROPÉEN SUR LES INDICES DE RÉFÉRENCE
À la date de publication du Supplément, MSCI LImited (en qualité d'administrateur de l'indice MSCI Europe) figure dans le registre tenu par l’AEMF en vertu du Règlement concernant les indices utilisés comme indices de référence.

### UTILISATION DE MESURES DÉFENSIVES TEMPORAIRES
Dans certaines circonstances, à titre temporaire et exceptionnel, lorsque le Conseiller en Investissement ou le Conseiller en Investissement par Délégation concerné estime qu’il en va de l’intérêt des Actionnaires, le Fonds pourra effectuer quelques entorses à ses politiques d’investissement telles qu’elles figurent ci-dessus. Pour de plus amples informations, se référer à la section « Utilisation de mesures défensives temporaires » du Prospectus.

### PROFIL DE L’INVESTISSEUR TYPE

### Le Fonds s’adresse à une grande diversité d’investisseurs, qui recherchent l’accès à un portefeuille géré dans le respect d’un objectif et d’une politique d’investissement spécifiques.
L’investisseur potentiel doit choisir la Catégorie qui correspond le mieux à ses besoins. En sélectionnant une Catégorie, les investisseurs potentiels doivent prendre en considération les éléments suivants :
- le montant qu’ils prévoient d’investir ;
- la durée de détention prévue des Actions ;
- les frais payés au titre de chaque Catégorie ;
- l’admissibilité des Actionnaires au bénéfice d’une renonciation ou d’un abandon des droits d’entrée ;
- la devise de la catégorie d’actions.


### LIMITES D'INVESTISSEMENTS

### Chacun des investissements du Fonds sera limité aux investissements autorisés par le Règlement sur les OPCVM et d'autres limites applicables stipulées à l'Annexe 4 du Prospectus.

### RÈGLEMENT SUR LES OPÉRATIONS DE FINANCEMENT SUR TITRES
Comme décrit plus particulièrement dans la section « Réglementation des opérations de financement de titres » du Prospectus, sous réserve des limites d’investissement indiquées en Annexe 4 du Prospectus, ainsi que des limites d’investissement définies à la section « Objectif et politiques d’investissement » du Supplément : (a) en ce qui concerne les investissements autorisés dans les swaps sur rendement total, le Fonds peut investir 0 % de sa Valeur liquidative ; et (b) le Fonds peut investir au maximum 100 % de sa Valeur liquidative dans des Opérations de financement sur titres. Sous réserve des limites susmentionnées, le Fonds devrait en général investir entre 0 et 20 % de sa Valeur liquidative dans des swaps sur rendement total et des Opérations de financement sur titres.

### FACTEURS DE RISQUE ET CONSIDÉRATIONS PARTICULIÈRES
L’attention des investisseurs est attirée sur les facteurs de risque et autres considérations particulières qui sont décrits dans le Prospectus à la section intitulée « Facteurs de risque et considérations particulières » et
qui peuvent affecter le Fonds. Cette liste de facteurs de risque liés aux investissements dans le Fonds n’est pas exhaustive, et l’attention de l’investisseur est attirée sur la description des instruments financiers qui apparaît à la section « Objectifs et politiques d’investissement » ci-dessus.

### POLITIQUE DE DISTRIBUTION
Telles que décrites plus particulièrement dans le Prospectus à la section « Les Actions » et dans le Supplément à la section intitulée « Catégories d'Actions », les Catégories d’Actions de Distribution peuvent différer en termes de fréquence de distribution. Les Catégories d’Actions de Distribution peuvent effectuer des distributions de façon mensuelle, trimestrielle, semestrielle ou annuelle, tel que déterminé moment du lancement de la Catégorie d’Actions concernée. La fréquence de distribution des Catégories d’Actions est indiquée dans le tableau ci-dessous :
| Fréquence de distribution | Dates de déclaration de distribution |
| --- | --- |
| Catégories d’Actions de capitalisation |
| Sans objet | Sans objet |
| Catégories d’Actions de Distribution |
| Mensuelle | Mensuelle, en principe le 15 de chaque mois à moins que ce jour ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Trimestrielle | Trimestrielle, normalement le 15 janvier, le 15 avril, le 15 juillet et le 15 octobre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Semestrielle | Semestrielle, en principe le 15 avril et le 15 octobre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Annuelle | Annuelle, en principe le 15 octobre à moins qu’il ne s’agisse pas d’un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède la date mentionnée. |


### HEURES LIMITES DE NÉGOCIATION ET HEURES DE RÈGLEMENT
Les ordres de souscription d’Actions reçus et acceptés par ou au nom de l’Agent de transfert ou la Société et/ou le Gestionnaire avant l’Heure Limite de Négociation au cours d’un Jour Ouvré repris dans les tableaux ci-dessous seront traités au prix de l’offre déterminé ce Jour Ouvré. Les ordres de souscription d’Actions reçus par ou au nom de l’Agent de transfert ou de la Société et/ou du Gestionnaire après l’Heure Limite de Négociation un Jour Ouvré seront traités au prix de l’offre déterminé le Jour Ouvré suivant. Si le paiement des ordres de souscription n’est pas reçu à l’Heure de Règlement correspondante, une souscription peut être annulée ou l’Actionnaire peut être amené à payer des intérêts sur les montants de souscription non soldés aux taux normaux en vigueur. Dans ce cas, l’Agent de Distribution ou l’Actionnaire peut être tenu responsable de toute perte subie par le Fonds.
Le traitement des ordres de rachat est assujetti à la réception et l’acceptation par ou au nom de l’Agent de transfert, la Société et/ou le Gestionnaire d’un ordre de rachat valable. Sous réserve des dispositions de la section « Limites de rachat » dans le Prospectus, les ordres de rachat reçus et acceptés par ou au nom de

### l’Agent de transfert ou par la Société ou par le Gestionnaire avant l’Heure Limite de Négociation un Jour Ouvré seront traités à la valeur liquidative par Action déterminée ce Jour Ouvré.
| Souscription | Heure	Limite	de Négociation | Heure	de Règlement |
| --- | --- | --- |
| Souscriptions (autres que les Actions de Catégorie Z) | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |
| Souscriptions effectuées directement auprès de l’Agent de Transfert par des Investisseurs Institutionnels Éligibles/Actions de Catégorie Z | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | 15h30, heure de Londres J |
| Rachat | Heure Limite de Négociation | Heure	de Règlement |
| Tous les Rachats | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |


### LE CONSEILLER EN INVESTISSEMENT PAR DÉLÉGATION
Le Gestionnaire a désigné JCIL en tant que conseiller en investissement de la Société. À la date du présent Supplément, JCIL a délégué à Intech la responsabilité de fournir des services discrétionnaires de conseil et de gestion de portefeuille concernant le Fonds.

### CHARGES ET COMMISSIONS
Les charges et commissions auxquelles est soumis tout investissement dans un Fonds (comprenant les droits d’entrée, les droits de sortie conditionnels différés (CDSC), l’ajustement de la dilution, une commission de gestion et une commission de distribution) sont décrits en détail dans le Prospectus à la section « Charges et Commissions », dont un résume figure ci-dessous. Les Charges et Commissions sur les Catégories d’Actions de capital peuvent imputer certaines commissions et charges sur le capital plutôt que sur les revenus.
| Type de commission | Actions de Catégorie A | Actions de Catégorie B | Actions de Catégorie E | Actions de Catégorie G | Actions de Catégorie H | Actions de Catégorie I | Actions de Catégorie S | Actions de Catégorie V | Actions de Catégorie Z |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Droit d'entrée | Jusqu'à 5,00 % du montant souscrit | S/O | Jusqu'à 3,00 % du montant souscrit | S/O | S/O | Jusqu'à 2,00 % du montant souscrit | Jusqu'à 2,00 % du montant souscrit | S/O | S/O |
| CDSC Moins d'un an depuis l’achat - à 2 ans
- à 3 ans
- à 4 ans Plus de 4 ansdepuis l’achat
 | S/O | 4 % 3 % 2 % 1 % 0 % | S/O | S/O | S/O | S/O | S/O | 3 % 2 % 1 % 0 % - | S/O |
| Commissions de services aux Actionnaires | Jusqu'à 0,50 % de la valeur liquidative | Jusqu'à 0,50 % de la valeur liquidative | Jusqu'à 1,25 % de la valeur liquidative | S/O | S/O | S/O | S/O | Jusqu'à 0,50 % de la valeur liquidative | S/O |
| Commission de distribution | S/O | Jusqu'à 1,00 % de la valeur liquidative | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Commission de gestion d’investissem ent | Jusqu'à 1,00 % de la valeur liquidative | Jusqu'à 1,00 % de la valeur liquidative | Jusqu'à 1,00 % de la valeur liquidative | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 1,00 % de la valeur liquidative | Jusqu'à 1,00 % de la valeur liquidative | Jusqu'à 1,00 % de la valeur liquidative | Voir Prospectus |
| Commission de performance | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Charges et Commissions | 1,75 % de la valeur liquidative | S/O | 2,75 % de la valeur liquidative | 1,25 % de la valeur liquidative | 1,25 % de la valeur liquidative | 1,25 % de la valeur liquidative | 1,25 % de la valeur liquidative | 2,00 % de la valeur liquidative | Voir Prospectus |


### AJUSTEMENT DE DILUTION
Un ajustement de dilution peut être appliqué à la Valeur liquidative par Action du Fonds au cours d’un jour de négociation (i) si les souscriptions ou rachats nets dépassent le seuil déterminé à l’avance relatif à la Valeur liquidative du Fonds (lorsqu’un tel seuil est ponctuellement déterminé à l’avance pour le Fonds par le Gestionnaire) ou (ii) dans tout autre cas impliquant des souscriptions ou des rachats nets dans le Fonds, si le Gestionnaire ou ses délégués estiment raisonnablement que l’imposition d’un ajustement de dilution s’inscrira dans l’intérêt des Actionnaires existants.

### CATÉGORIES D’ACTIONS
Comme décrit plus particulièrement dans la section « Les Actions » du Prospectus, la Société propose 11 Catégories d’Actions avec diverses politiques de distribution, fréquences de distribution, politiques de couverture et devises dans chaque Catégorie. Le nouveau nom de chaque Catégorie d’Actions offertes par la Société permet aux Actionnaires d’identifier la politique de distribution, la fréquence de distribution, la politique de couverture et la devise d’une Catégorie en fonction de sous-classifications. Le tableau ci-dessous apporte des précisions sur les Catégories d’Actions du Fonds approuvées par la Banque Centrale, ainsi que sur les Catégories disponibles à l’achat à la date du présent Supplément.
Si, pour une catégorie d’actions donnée d’un fonds donné, aucune émission n’avait préalablement été faite ou s’il est procédé à une réémission, une souscription initiale sera alors possible : (i) à la/aux date(s) devant être déterminée(s) par le Gestionnaire et communiquée(s) à l’avance à la Banque centrale et (ii) le prix de l’offre initiale et le prix de réémission stipulés dans le Prospectus à la section intitulée « Offres initiales de catégories d’actions ». Dans le cas d’un Fonds au titre duquel une ou plusieurs Catégories d’Actions sont déjà
émises, le prix de l’offre initiale par Action pour toute Catégorie d’Actions supplémentaire émise en rapport avec ledit Fonds pourra correspondre à la valeur liquidative par Action desdites autres Catégories d’Actions du Fonds concerné tel que fixé par le Gestionnaire et communiqué à l’avance à la Banque Centrale, ainsi qu’aux Actionnaires potentiels.
| CATÉGORIES D’ACTIONS approuvées par la Banque Centrale à la date du présent Supplément |
| --- |
| Catégories libellées en Dollars américains | Catégories libellées en Euros | Catégories libellées en Livres sterling | Catégories libellées en Dollars de Hong Kong | Catégories libellées en Dollars australiens | Catégories libellées en Francs suisses | Catégories libellées en Dollars canadiens | Catégories libellées en Renminbi (CNH) | Catégories libellées en Couronnes suédoises | Catégories libellées en Dollars néo- zélandais | Catégories libellées en Dollars de Singapour |
| A2 HUSD B2 HUSD E2 HUSD I2 HUSD S2 HUSD H2 HUSD G2 HUSD V2 HUSD Z2 USD | A2 EUR B2 EUR E2 EUR I2 EUR S2 EUR H2 EUR G2 EUR V2 EUR Z2 EUR Z1 EUR | I2 HGBP I2 GBP S2 HGBP H2 HGBP H2 GBP G2 HGBP G2 GBP Z2 GBP Z2 HGBP | A2 HHKD I2 HHKD S2 HHKD V2 HHKD Z2 HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF H2 HCHF Z2 CHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD |


### Supplément concernant le Fonds

### Janus Henderson Intech Global All Country Low Volatility Fund

### Le présent Supplément est établi en date du 26 février 2021.
Le présent Supplément contient des informations spécifiques au fonds Janus Henderson Intech Global All Country Low Volatility Fund (le « Fonds »), un compartiment de Janus Henderson Capital Funds plc (la « Société »). La Société est un OPCVM établi sous la forme d’une société d’investissement à capital variable avec séparation des passifs entre les Fonds, constituée en Irlande et régie par la Banque centrale.
Ce Supplément fait partie intégrante du dernier Prospectus et doit être lu conjointement avec celui-ci. Le Prospectus peut être révisé ou complété de temps à autre. Les termes commençant par une majuscule utilisés dans le présent Supplément, qui n'ont pas été définis dans les présentes, ont la même signification que dans le Prospectus.

### RÉSUMÉ

### Les informations reprises sous ce titre constituent un résumé des principales caractéristiques du Fonds et doivent être lues conjointement avec le texte complet de ce Supplément.
| Catégories d’Actions | Des précisions sur les Catégories d'Actions sont présentées ci-dessous à la section intitulée « Catégories d’Actions ». |
| --- | --- |
| L’attention des investisseurs est attirée sur le fait qu’à la date du présent Supplément, seules certaines Catégories d’Actions du Fonds sont actuellement ouvertes à la souscription. En outre, toutes les Catégories d’Actions ne sont pas disponibles dans toutes les juridictions. Les investisseurs sont priés de se mettre en rapport avec l’Agent de Distribution pour obtenir la liste des Catégories d’Actions à leur disposition. |
| Fréquence des souscriptions, rachats et échanges | Sauf indication contraire des Administrateurs et/ou du Gestionnaire, les souscriptions, les rachats et les échanges d’Actions peuvent être effectués tout Jour Ouvré en suivant les procédures décrites dans les sections du Prospectus intitulées « Comment acheter des Actions », « Comment obtenir le rachat d’Actions » et « Comment échanger ou céder des Actions ». |
| Souscriptions minimales | Les souscriptions initiales et ultérieures minimales applicables à chaque Catégorie au sein du Fonds sont spécifiées dans la section du Prospectus intitulée « Comment acheter des Actions ». |
| Adaptation des Catégories | L’adaptation des Catégories et l’éligibilité des investisseurs pour des Catégories particulières sont décrites à la section intitulée « Les Actions » du Prospectus. |
| Devise de base | Dollar US |


### OBJECTIF ET POLITIQUES D’INVESTISSEMENT
L’objectif d’investissement de ce Fonds est la croissance à long terme du capital. Le Fonds poursuit son objectif en investissant au moins 80 % de sa valeur liquidative en actions (également appelées parts de société) et titres assimilés de sociétés situées partout dans le monde et dont la capitalisation boursière est au moins égale à celle de l’une des sociétés figurant, au moment de l’achat, dans la composition de l’indice MSCI All Country World.
Objectif de performance : Le Fonds cherche à obtenir des rendements comparables à ceux du marché des actions, bruts de frais (avec une volatilité inférieure à celle du marché des actions) sur le long terme (au moins 5 ans).
Le Fonds est géré activement en fonction de l’indice MSCI All Country World, qui est largement représentatif des sociétés dans lesquelles il peut investir, car il constitue la base des objectifs de performance et de volatilité du Fonds. Le Conseiller en Investissement par Délégation adopte une approche mathématique de l’investissement qui contrôle dans quelle mesure le portefeuille peut différer de l’indice. Les détails de la performance du Fonds sont disponibles dans les rapports annuels et semestriels, les documents de commercialisation et dans le DICI. Rien ne garantit que la performance du Fonds sera égale ou supérieure à cet indice de référence. Si l’on considère l’intégralité d’un cycle du marché, il est prévu que le Fonds puisse offrir des rendements comparables à ceux de l’indice MSCI All Country World tout en affichant une volatilité moindre, telle que mesurée à l’aune de l’écart type. Le Fonds tente d’atteindre cette volatilité moindre dans le cadre de son processus mathématique de gestion de portefeuille en cherchant à minimiser l’écart type des rendements absolus du portefeuille. En raison de son exposition aux Marchés en développement, un investissement dans le Fonds ne doit pas représenter une part substantielle des investissements d’un portefeuille d’investissement et peut ne pas convenir à tous les investisseurs.
Pour éviter tout doute, le Fonds est est un Fonds d’investissement en Actions. Le Fonds poursuit ses objectifs en recourant à un processus mathématique de gestion de portefeuille afin d’élaborer un portefeuille d’investissement à partir d’actions et de titres assimilés, y compris les actions de préférence, les obligations convertibles (qui peuvent ne pas bénéficier d’une notation de qualité Investment Grade ; veuillez vous reporter à l’Annexe 3 du Prospectus), en fonction de son indice de référence. Le processus mathématique se fonde sur la tendance naturelle des cours des titres à varier au fil du temps (volatilité) et sur les corrélations de cette volatilité afin de choisir les titres ainsi que leurs proportions dans le portefeuille du Fonds. Le Fonds n’investira pas dans des instruments financiers dérivés (autres que des warrants, qui peuvent être acquis par le biais d’actions d’entreprise et qui ne sont pas prévus pour créer un effet de levier).
Dans le cas du Fonds, le processus vise à minimiser ou à réduire la volatilité absolue. Le portefeuille ainsi conçu et son rééquilibrage périodique pour garantir des pondérations plus efficaces permettent au processus d’investissement mathématique du Conseiller en Investissement par Délégation de créer un portefeuille qui, sur la durée, génère des rendements supérieurs à ceux de son indice pour un niveau de risque égal ou inférieur.
Le Fonds pourra investir jusqu’à concurrence de 5 % de sa valeur liquidative dans des titres d’autres Organismes de placement collectif admissibles. Un tel investissement englobe la possibilité d’investir dans d’autres Fonds. Cependant, le Fonds ne peut pas investir dans un autre Fonds détenant lui-même des Actions d’un autre Fonds. Lorsqu'il investit dans un autre Fonds, le Fonds ne peut pas prélever une commission annuelle de gestion de portefeuille et/ou de gestion administrative pour ce qui concerne la fraction de ses actifs qui sont investis dans l'autre Fonds.
Les titres sont généralement sélectionnés par le Conseiller en investissement par délégation sans considération du secteur d’activité ou d’autres critères de sélection semblables ; le Fonds n’a pas vocation à être spécialisé dans un secteur d’activité donné.
Le pourcentage des actifs du Fonds investis en Actions variera et, selon les conditions de marché analysées par le Conseiller en Investissement par Délégation, le Fonds peut détenir, à titre accessoire dans son portefeuille, des liquidités ou des titres à court terme portant intérêt, tels que des Titres d’État ou des Titres de Créance. Le Fonds peut investir, dans une moindre mesure, dans d’autres types de valeurs, notamment des Actions de préférence, des Titres d’État, des Titres de Créance, des warrants et des titres convertibles en Actions, quand le Conseiller en Investissement par Délégation perçoit une opportunité de croissance du capital sur ces titres. Le Fonds peut investir jusqu’à concurrence de 10 % de sa valeur liquidative dans des titres adossés à prêts hypothécaires et à des actifs émis ou garantis par un gouvernement d’un pays membre de l’OCDE, ou ses organismes ou démembrements ou par des émetteurs privés, et dont la notation peut être inférieure aux notations de Premier Ordre telles qu’attribuées par les principales agences de notation. Le Fonds peut investir, directement ou indirectement (à savoir par l’intermédiaire de certificats américains d’actions étrangères, de certificats européens d’actions étrangères et de certificats internationaux d’actions étrangères) sur les marchés concernés. Le Fonds peut également investir jusqu’à concurrence de 5 % de sa valeur liquidative en titres à coupon zéro, en titres payant leurs intérêts en nature et en Titres à Coupon Progressif ainsi que, sans limitation, en Titres Indexés/Structurés. Les obligations payant leurs intérêts en nature sont des obligations qui peuvent payer leurs intérêts sous la forme d’obligations supplémentaires de même nature.

### RÈGLEMENT EUROPÉEN SUR LES INDICES DE RÉFÉRENCE
À la date de publication du Supplément, MSCI LImited (en qualité d'administrateur de l'indice MSCI All Country World) figure dans le registre tenu par l’AEMF en vertu du Règlement concernant les indices utilisés comme indices de référence.

### UTILISATION DE MESURES DÉFENSIVES TEMPORAIRES
Dans certaines circonstances, à titre temporaire et exceptionnel, lorsque le Conseiller en Investissement ou le Conseiller en Investissement par Délégation concerné estime qu’il en va de l’intérêt des Actionnaires, le Fonds pourra effectuer quelques entorses à ses politiques d’investissement telles qu’elles figurent ci-dessus. Pour de plus amples informations, se référer à la section « Utilisation de mesures défensives temporaires » du Prospectus.

### PROFIL DE L’INVESTISSEUR TYPE

### Le Fonds s’adresse à une grande diversité d’investisseurs, qui recherchent l’accès à un portefeuille géré dans le respect d’un objectif et d’une politique d’investissement spécifiques.
L’investisseur potentiel doit choisir la Catégorie qui correspond le mieux à ses besoins. En sélectionnant une Catégorie, les investisseurs potentiels doivent prendre en considération les éléments suivants :
- le montant qu’ils prévoient d’investir ;
- la durée de détention prévue des Actions ;
- les frais payés au titre de chaque Catégorie ;
- l’admissibilité des Actionnaires au bénéfice d’une renonciation ou d’un abandon des droits d’entrée ;
- la devise de la catégorie d’actions.


### LIMITES D'INVESTISSEMENTS

### Chacun des investissements du Fonds sera limité aux investissements autorisés par le Règlement sur les OPCVM et d'autres limites applicables stipulées à l'Annexe 4 du Prospectus.

### RÈGLEMENT SUR LES OPÉRATIONS DE FINANCEMENT SUR TITRES
Comme décrit plus particulièrement dans la section « Réglementation des opérations de financement de titres » du Prospectus, sous réserve des limites d’investissement indiquées en Annexe 4 du Prospectus, ainsi que des limites d’investissement définies à la section « Objectif et politiques d’investissement » du Supplément : (a) en ce qui concerne les investissements autorisés dans les swaps sur rendement total, le Fonds peut investir 0 % de sa Valeur liquidative ; et (b) le Fonds peut investir au maximum 100 % de sa Valeur liquidative dans des Opérations de financement sur titres. Sous réserve des limites susmentionnées, le Fonds devrait en général investir entre 0 et 20 % de sa Valeur liquidative dans des swaps sur rendement total et des Opérations de financement sur titres.

### FACTEURS DE RISQUE ET CONSIDÉRATIONS PARTICULIÈRES
L’attention des investisseurs est attirée sur les facteurs de risque et autres considérations particulières qui sont décrits dans le Prospectus à la section intitulée « Facteurs de risque et considérations particulières » et qui peuvent affecter le Fonds. Cette liste de facteurs de risque liés aux investissements dans le Fonds n’est pas exhaustive, et l’attention de l’investisseur est attirée sur la description des instruments financiers qui apparaît à la section « Objectif et politiques d’investissement ».

### POLITIQUE DE DISTRIBUTION
Telles que décrites plus particulièrement dans le Prospectus à la section « Les Actions » et dans le Supplément à la section intitulée « Catégories d'Actions », les Catégories d’Actions de Distribution peuvent différer en termes de fréquence de distribution. Les Catégories d’Actions de Distribution peuvent effectuer des distributions de façon mensuelle, trimestrielle, semestrielle ou annuelle, tel que déterminé moment du

### lancement de la Catégorie d’Actions concernée. La fréquence de distribution des Catégories d’Actions est indiquée dans le tableau ci-dessous :
| Fréquence de distribution | Dates de déclaration de distribution |
| --- | --- |
| Catégories d’Actions de capitalisation |
| Sans objet | Sans objet |
| Catégories d’Actions de Distribution |
| Mensuelle | Mensuelle, en principe le 15 de chaque mois à moins que ce jour ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Trimestrielle | Trimestrielle, normalement le 15 janvier, le 15 avril, le 15 juillet et le 15 octobre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Semestrielle | Semestrielle, en principe le 15 avril et le 15 octobre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Annuelle | Annuelle, en principe le 15 octobre à moins qu’il ne s’agisse pas d’un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède la date mentionnée. |


### HEURES LIMITES DE NÉGOCIATION ET HEURES DE RÈGLEMENT
Les ordres de souscription d’Actions reçus et acceptés par ou au nom de l’Agent de transfert ou la Société et/ou le Gestionnaire avant l’Heure Limite de Négociation au cours d’un Jour Ouvré repris dans les tableaux ci-dessous seront traités au prix de l’offre déterminé ce Jour Ouvré. Les ordres de souscription d’Actions reçus par ou au nom de l’Agent de transfert ou de la Société et/ou du Gestionnaire après l’Heure Limite de Négociation un Jour Ouvré seront traités au prix de l’offre déterminé le Jour Ouvré suivant. Si le paiement des ordres de souscription n’est pas reçu à l’Heure de Règlement correspondante, une souscription peut être annulée ou l’Actionnaire peut être amené à payer des intérêts sur les montants de souscription non soldés aux taux normaux en vigueur. Dans ce cas, l’Agent de Distribution ou l’Actionnaire peut être tenu responsable de toute perte subie par le Fonds.
Le traitement des ordres de rachat est assujetti à la réception et l’acceptation par ou au nom de l’Agent de transfert, la Société et/ou le Gestionnaire d’un ordre de rachat valable. Sous réserve des dispositions de la section « Limites de rachat » dans le Prospectus, les ordres de rachat reçus et acceptés par ou au nom de l’Agent de transfert ou par la Société ou par le Gestionnaire avant l’Heure Limite de Négociation un Jour Ouvré seront traités à la valeur liquidative par Action déterminée ce Jour Ouvré.
| Souscription | Heure	Limite	de Négociation | Heure de Règlement |
| --- | --- | --- |
| Souscriptions (autres que les Actions de Catégorie Z) | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |
| Souscriptions effectuées directement auprès de l’Agent de Transfert par des Investisseurs Institutionnels Éligibles/Actions de Catégorie Z | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | 15h30, heure de Londres J |
| Rachat | Heure Limite de Négociation | Heure de Règlement |
| Tous les Rachats | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |


### LE CONSEILLER EN INVESTISSEMENT PAR DÉLÉGATION
Le Gestionnaire a désigné JCIL en tant que conseiller en investissement de la Société. À la date du présent Supplément, JCIL a délégué à Intech la responsabilité de fournir des services discrétionnaires de conseil et de gestion de portefeuille concernant le Fonds.

### CHARGES ET COMMISSIONS
Les charges et commissions auxquelles est soumis tout investissement dans un Fonds (comprenant les droits d’entrée, les droits de sortie conditionnels différés (CDSC), l’ajustement de la dilution, une commission de gestion et une commission de distribution) sont décrits en détail dans le Prospectus à la section « Charges et Commissions », dont un résume figure ci-dessous. Les Charges et Commissions sur les Catégories d’Actions de capital peuvent imputer certaines commissions et charges sur le capital plutôt que sur les revenus.
| Type de commission | Actions de Catégorie A | Actions de Catégorie B | Actions de Catégorie E | Actions de Catégorie G | Actions de Catégorie H | Actions de Catégorie I | Actions de Catégorie S | Actions de Catégorie V | Actions de Catégorie Z |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Droit d'entrée | Jusqu'à 5,00 % du montant souscrit | S/O | Jusqu'à 3,00 % du montant souscrit | S/O | S/O | Jusqu'à 2,00 % du montant souscrit | Jusqu'à 2,00 % du montant souscrit | S/O | S/O |
| CDSC Moins d'un an depuis l’achat - à 2 ans
- à 3 ans
- à 4 ans Plus de 4 ansdepuis l’achat
 | S/O | 4 % 3 % 2 % 1 % 0 % | S/O | S/O | S/O | S/O | S/O | 3 % 2 % 1 % 0 % - | S/O |
| Commissions de services aux Actionnaires | Jusqu'à 0,50 % de la valeur liquidative | Jusqu'à 0,50 % de la valeur liquidative | Jusqu'à 1,25 % de la valeur liquidative | S/O | S/O | S/O | S/O | Jusqu'à 0,50 % de la valeur liquidative | S/O |

| Type de commission | Actions de Catégorie A | Actions de Catégorie B | Actions de Catégorie E | Actions de Catégorie G | Actions de Catégorie H | Actions de Catégorie I | Actions de Catégorie S | Actions de Catégorie V | Actions de Catégorie Z |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Commission de distribution | S/O | Jusqu'à 1,00 % de la valeur liquidative | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Commission de gestion d’investissem ent | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 0,65 % de la valeur liquidative | Jusqu'à 0,65 % de la valeur liquidative | Jusqu'à 0,70 % de la valeur liquidative | Jusqu'à 0,70 % de la valeur liquidative | Jusqu'à 0,75 % de la valeur liquidative | Voir Prospectus |
| Commission de performance | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Charges et Commissions | 1,75 % de la valeur liquidative | S/O | 2,50 % de la valeur liquidative | 1,15 % de la valeur liquidative | 1,15 % de la valeur liquidative | 0,95 % de la valeur liquidative | 0,95 % de la valeur liquidative | 1,75 % de la valeur liquidative | Voir Prospectus |


### AJUSTEMENT DE DILUTION
Un ajustement de dilution peut être appliqué à la Valeur liquidative par Action du Fonds au cours d’un jour de négociation (i) si les souscriptions ou rachats nets dépassent le seuil déterminé à l’avance relatif à la Valeur liquidative du Fonds (lorsqu’un tel seuil est ponctuellement déterminé à l’avance pour le Fonds par le Gestionnaire) ou (ii) dans tout autre cas impliquant des souscriptions ou des rachats nets dans le Fonds, si le Gestionnaire ou ses délégués estiment raisonnablement que l’imposition d’un ajustement de dilution s’inscrira dans l’intérêt des Actionnaires existants.

### CATÉGORIES D’ACTIONS
Comme décrit plus particulièrement dans la section « Les Actions » du Prospectus, la Société propose 11 Catégories d’Actions avec diverses politiques de distribution, fréquences de distribution, politiques de couverture et devises dans chaque Catégorie. Le nouveau nom de chaque Catégorie d’Actions offertes par la Société permet aux Actionnaires d’identifier la politique de distribution, la fréquence de distribution, la politique de couverture et la devise d’une Catégorie en fonction de sous-classifications. Le tableau ci-dessous apporte des précisions sur les Catégories d’Actions approuvées par la Banque Centrale, ainsi que sur les Catégories disponibles à l’achat à la date du présent Supplément.
Si, pour une catégorie d’actions donnée d’un fonds donné, aucune émission n’avait préalablement été faite ou s’il est procédé à une réémission, une souscription initiale sera alors possible : (i) à la/aux date(s) devant être déterminée(s) par le Gestionnaire et communiquée(s) à l’avance à la Banque centrale et (ii) le prix de l’offre initiale et le prix de réémission stipulés dans le Prospectus à la section intitulée « Offres initiales de catégories d’actions ». Dans le cas d’un Fonds au titre duquel une ou plusieurs Catégories d’Actions sont déjà émises, le prix de l’offre initiale par Action pour toute Catégorie d’Actions supplémentaire émise en rapport avec ledit Fonds pourra correspondre à la valeur liquidative par Action desdites autres Catégories d’Actions du Fonds concerné tel que fixé par le Gestionnaire et communiqué à l’avance à la Banque Centrale, ainsi qu’aux Actionnaires potentiels.
| CATÉGORIES D’ACTIONS approuvées par la Banque Centrale à la date du présent Supplément |
| --- |
| Catégories libellées en Dollars américains | Catégories libellées en Euros | Catégories libellées en Livres sterling | Catégories libellées en Dollars de Hong Kong | Catégories libellées en Dollars australiens | Catégories libellées en Francs suisses | Catégories libellées en Dollars canadiens | Catégories libellées en Renminbi (CNH) | Catégories libellées en Couronnes suédoises | Catégories libellées en Dollars néo- zélandais | Catégories libellées en Dollars de Singapour |
| A2 USD B2 USD E2 USD I2 USD S2 USD H2 USD V2 USD Z2 USD | A2 HEUR B2 HEUR E2 HEUR I2 HEUR S2 HEUR H2 HEUR V2 HEUR Z2 EUR | I2 HGBP I2 GBP S2 HGBP H2 GBP H2 HGBP Z2 GBP Z2 HGBP | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF Z2 CHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD |


### Supplément concernant le Fonds

### Janus Henderson Intech Global All Country Managed Volatility Fund

### Le présent Supplément est établi en date du 26 février 2021.
Le présent Supplément contient des informations spécifiques au fonds Janus Henderson Intech Global All Country Managed Volatility Fund (le « Fonds »), un compartiment de Janus Henderson Capital Funds plc (la « Société »). La Société est un OPCVM établi sous la forme d’une société d’investissement à capital variable avec séparation des passifs entre les Fonds, constituée en Irlande et régie par la Banque centrale.
Ce Supplément fait partie intégrante du dernier Prospectus et doit être lu conjointement avec celui-ci. Le Prospectus peut être révisé ou complété de temps à autre. Les termes commençant par une majuscule utilisés dans le présent Supplément, qui n'ont pas été définis dans les présentes, ont la même signification que dans le Prospectus.

### RÉSUMÉ

### Les informations reprises sous ce titre constituent un résumé des principales caractéristiques du Fonds et doivent être lues conjointement avec le texte complet de ce Supplément.
| Catégories d’Actions | Des précisions sur les Catégories d'Actions sont présentées ci-dessous à la section intitulée « Catégories d’Actions ». |
| --- | --- |
| L’attention des investisseurs est attirée sur le fait qu’à la date du présent Supplément, seules certaines Catégories d’Actions du Fonds sont actuellement ouvertes à la souscription. En outre, toutes les Catégories d’Actions ne sont pas disponibles dans toutes les juridictions. Les investisseurs sont priés de se mettre en rapport avec l’Agent de Distribution pour obtenir la liste des Catégories d’Actions à leur disposition. |
| Fréquence des souscriptions, rachats et échanges | Sauf indication contraire des Administrateurs et/ou du Gestionnaire, les souscriptions, les rachats et les échanges d’Actions peuvent être effectués tout Jour Ouvré en suivant les procédures décrites dans les sections du Prospectus intitulées « Comment acheter des Actions », « Comment obtenir le rachat d’Actions » et « Comment échanger ou céder des Actions ». |
| Souscriptions minimales | Les souscriptions initiales et ultérieures minimales applicables à chaque Catégorie au sein du Fonds sont spécifiées dans la section du Prospectus intitulée « Comment acheter des Actions ». |
| Adaptation des Catégories | L’adaptation des Catégories et l’éligibilité des investisseurs pour des Catégories particulières sont décrites à la section intitulée « Les Actions » du Prospectus. |
| Devise de base | Dollar US |


### OBJECTIF ET POLITIQUES D’INVESTISSEMENT

### L’objectif d’investissement de ce Fonds est la croissance à long terme du capital.
Ce Fonds cherche à surperformer l’Indice MSCI All Country World, avant déduction des frais sur l’intégralité des cycles de marché (au moins 5 ans) avec cet avantage supplémentaire qu’il peut avoir une volatilité inférieure à celle de l’Indice MSCI All Country World, telle que mesurée à l’aide de l’écart type.
Il poursuit son objectif en investissement au moins 80 % de sa valeur liquidative en titres de capital de sociétés situées partout dans le monde (y compris sur les Marchés en développement) et dont la capitalisation boursière est au moins égale à la capitalisation boursière de l’une des sociétés figurant au moment de l’achat dans la composition de l’indice MSCI All Country World.
Le Fonds est géré activement en fonction de l’indice MSCI All Country World, qui est largement représentatif des sociétés dans lesquelles il peut investir, car il constitue la base des objectifs de performance et de volatilité du Fonds. Le Conseiller en Investissement par Délégation adopte une approche mathématique de l’investissement qui contrôle dans quelle mesure le portefeuille peut différer de l’indice.
Ce processus vise à combiner des actions qui présentent individuellement une volatilité relative plus élevée, une volatilité absolue plus faible et des corrélations plus faibles entre elles afin de réduire la volatilité absolue du Fonds (mesurée par l’écart type des rendements mensuels), tout en générant toujours des rendements supérieurs à l’indice de référence sur l’ensemble du cycle du marché. Le Fonds devrait participer à la hausse normale des marchés et diminuer les pertes sur les marchés en baisse, il devrait généralement sous-performer son indice de référence sur les marchés en forte hausse. Le Conseiller en Investissement par Délégation établit les proportions cibles à l’aide d’un processus d’optimisation conçu pour déterminer les pondérations les plus efficaces de chaque titre du Fonds. Le portefeuille est périodiquement rééquilibré en fonction de proportions cibles fixées et il est réoptimisé.
Le Conseiller en Investissement par Délégation utilise des critères ESG (environnementaux, sociaux et de gouvernance), le portefeuille qui en résulte devrait donc présenter un profil ESG amélioré par rapport à l’Indice. Le Conseiller en Investissement par Délégation exclut les entreprises de son univers d’investissement en s’alignant sur la liste d’exclusion de la gestion des investissements de la Norges Bank (la « liste de la NBIM ») (www.nbim.no/en/the-fund/responsible-investment/exclusion-of-companies/). La liste de la NBIM, mise à jour de temps à autre, représente des lignes directrices motivées par l’éthique pour l’exclusion des entreprises de l’univers d’investissement du Fonds. Par exemple, le Fonds n’investira pas dans des actions et des titres assimilés à des actions de sociétés qui produisent certains types d’armes, fondent leurs activités sur du charbon ou produisent du tabac ou de sociétés qui contribuent à des violations des normes éthiques fondamentales. Le Conseiller en Investissement par Délégation prend en compte des analyses exclusives et/ou indépendantes dans le cadre de la construction du portefeuille (optimisation) afin d’améliorer positivement le profil ESG du Fonds par rapport à l’Indice.
En raison de son exposition aux Marchés en développement, un investissement dans le Fonds ne doit pas représenter une part substantielle des investissements d’un portefeuille d’investissement et peut ne pas convenir à tous les investisseurs.
Pour éviter tout doute, le Fonds est est un Fonds d’investissement en Actions. Le Fonds poursuit ses objectifs en recourant à un processus mathématique de gestion de portefeuille afin d’élaborer un portefeuille d’investissement à partir d’actions et de titres assimilés, y compris les actions de préférence, les obligations convertibles (qui peuvent ne pas bénéficier d’une notation de qualité Investment Grade ; veuillez vous reporter à l’Annexe 3 du Prospectus), en fonction de son indice de référence. Le processus mathématique se fonde sur la tendance naturelle des cours des titres à varier au fil du temps (volatilité) et sur les corrélations de cette volatilité afin de choisir les titres ainsi que leurs proportions dans le portefeuille du Fonds. Le Fonds n’investira pas dans des instruments financiers dérivés (autres que des warrants, qui peuvent être acquis par le biais d’actions d’entreprise et qui ne sont pas prévus pour créer un effet de levier).
Dans le cas du Fonds, le processus vise à minimiser ou à réduire la volatilité absolue. Le portefeuille ainsi conçu et son rééquilibrage périodique pour garantir des pondérations plus efficaces permettent au processus d’investissement mathématique du Conseiller en Investissement par Délégation de créer un portefeuille qui, sur la durée, génère des rendements supérieurs à ceux de son indice pour un niveau de risque égal ou inférieur.
Le Fonds pourra investir jusqu’à concurrence de 5 % de sa valeur liquidative dans des titres d’autres Organismes de placement collectif admissibles. Un tel investissement englobe la possibilité d’investir dans d’autres Fonds. Cependant, le Fonds ne peut pas investir dans un autre Fonds détenant lui-même des Actions d’un autre Fonds. Lorsqu'il investit dans un autre Fonds, le Fonds ne peut pas prélever une commission annuelle de gestion de portefeuille et/ou de gestion administrative pour ce qui concerne la fraction de ses actifs qui sont investis dans l'autre Fonds.
Les titres sont généralement sélectionnés par le Conseiller en investissement par délégation sans considération du secteur d’activité ou d’autres critères de sélection semblables ; le Fonds n’a pas vocation à être spécialisé dans un secteur d’activité donné.
Le pourcentage des actifs du Fonds investis en Actions variera et, selon les conditions de marché analysées par le Conseiller en Investissement par Délégation, le Fonds peut détenir, à titre accessoire dans son portefeuille, des liquidités ou des titres à court terme portant intérêt, tels que des Titres d’État ou des Titres de Créance. Le Fonds peut investir, dans une moindre mesure, dans d’autres types de valeurs, notamment des Actions de préférence, des Titres d’État, des Titres de Créance, des warrants et des titres convertibles en Actions, quand le Conseiller en Investissement par Délégation perçoit une opportunité de croissance du capital sur ces titres. Le Fonds peut investir jusqu’à concurrence de 10 % de sa valeur liquidative dans des titres adossés à prêts hypothécaires et à des actifs émis ou garantis par un gouvernement d’un pays membre de l’OCDE, ou ses organismes ou démembrements ou par des émetteurs privés, et dont la notation peut être inférieure aux notations de Premier Ordre telles qu’attribuées par les principales agences de notation. Le Fonds peut investir, directement ou indirectement (à savoir par l’intermédiaire de certificats américains d’actions étrangères, de certificats européens d’actions étrangères et de certificats internationaux d’actions étrangères) sur les marchés concernés. Le Fonds peut également investir jusqu’à concurrence de 5 % de sa valeur liquidative en titres à coupon zéro, en titres payant leurs intérêts en nature et en Titres à Coupon Progressif ainsi que, sans limitation, en Titres Indexés/Structurés. Les obligations payant leurs intérêts en nature sont des obligations qui peuvent payer leurs intérêts sous la forme d’obligations supplémentaires de même nature.

### UTILISATION DE MESURES DÉFENSIVES TEMPORAIRES
Dans certaines circonstances, à titre temporaire et exceptionnel, lorsque le Conseiller en Investissement ou le Conseiller en Investissement par Délégation concerné estime qu’il en va de l’intérêt des Actionnaires, le Fonds pourra effectuer quelques entorses à ses politiques d’investissement telles qu’elles figurent ci-dessus. Pour de plus amples informations, se référer à la section « Utilisation de mesures défensives temporaires » du Prospectus.

### PROFIL DE L’INVESTISSEUR TYPE

### Le Fonds s’adresse à une grande diversité d’investisseurs, qui recherchent l’accès à un portefeuille géré dans le respect d’un objectif et d’une politique d’investissement spécifiques.
L’investisseur potentiel doit choisir la Catégorie qui correspond le mieux à ses besoins. En sélectionnant une Catégorie, les investisseurs potentiels doivent prendre en considération les éléments suivants :
- le montant qu’ils prévoient d’investir ;
- la durée de détention prévue des Actions ;
- les frais payés au titre de chaque Catégorie ;
- l’admissibilité des Actionnaires au bénéfice d’une renonciation ou d’un abandon des droits d’entrée ;
- la devise de la catégorie d’actions.


### LIMITES D'INVESTISSEMENTS

### Chacun des investissements du Fonds sera limité aux investissements autorisés par le Règlement sur les OPCVM et d'autres limites applicables stipulées à l'Annexe 4 du Prospectus.

### RÈGLEMENT SUR LES OPÉRATIONS DE FINANCEMENT SUR TITRES
Comme décrit plus particulièrement dans la section « Réglementation des opérations de financement de titres » du Prospectus, sous réserve des limites d’investissement indiquées en Annexe 4 du Prospectus, ainsi que des limites d’investissement définies à la section « Objectif et politiques d’investissement » du Supplément : (a) en ce qui concerne les investissements autorisés dans les swaps sur rendement total, le Fonds peut investir 0 % de sa Valeur liquidative ; et (b) le Fonds peut investir au maximum 100 % de sa Valeur liquidative dans des Opérations de financement sur titres. Sous réserve des limites susmentionnées, le Fonds devrait en général investir entre 0 et 20 % de sa Valeur liquidative dans des swaps sur rendement total et des Opérations de financement sur titres.

### FACTEURS DE RISQUE ET CONSIDÉRATIONS PARTICULIÈRES
L’attention des investisseurs est attirée sur les facteurs de risque et autres considérations particulières qui sont décrits dans le Prospectus à la section intitulée « Facteurs de risque et considérations particulières » et qui peuvent affecter le Fonds. Cette liste de facteurs de risque liés aux investissements dans le Fonds n’est pas exhaustive, et l’attention de l’investisseur est attirée sur la description des instruments financiers qui apparaît à la section « Objectif et politiques d’investissement ».

### POLITIQUE DE DISTRIBUTION
Telles que décrites plus particulièrement dans le Prospectus à la section « Les Actions » et dans le Supplément à la section intitulée « Catégories d'Actions », les Catégories d’Actions de Distribution peuvent différer en termes de fréquence de distribution. Les Catégories d’Actions de Distribution peuvent effectuer des distributions de façon mensuelle, trimestrielle, semestrielle ou annuelle, tel que déterminé moment du lancement de la Catégorie d’Actions concernée. La fréquence de distribution des Catégories d’Actions est indiquée dans le tableau ci-dessous :
| Fréquence de distribution | Dates de déclaration de distribution |
| --- | --- |
| Catégories d’Actions de capitalisation |
| Sans objet | Sans objet |
| Catégories d’Actions de Distribution |
| Mensuelle | Mensuelle, en principe le 15 de chaque mois à moins que ce jour ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Trimestrielle | Trimestrielle, normalement le 15 janvier, le 15 avril, le 15 juillet et le 15 octobre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Semestrielle | Semestrielle, en principe le 15 avril et le 15 octobre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Annuelle | Annuelle, en principe le 15 octobre à moins qu’il ne s’agisse pas d’un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède la date mentionnée. |


### HEURES LIMITES DE NÉGOCIATION ET HEURES DE RÈGLEMENT
Les ordres de souscription d’Actions reçus et acceptés par ou au nom de l’Agent de transfert ou la Société et/ou le Gestionnaire avant l’Heure Limite de Négociation au cours d’un Jour Ouvré repris dans les tableaux ci-dessous seront traités au prix de l’offre déterminé ce Jour Ouvré. Les ordres de souscription d’Actions reçus par ou au nom de l’Agent de transfert ou de la Société et/ou du Gestionnaire après l’Heure Limite de Négociation un Jour Ouvré seront traités au prix de l’offre déterminé le Jour Ouvré suivant. Si le paiement des ordres de souscription n’est pas reçu à l’Heure de Règlement correspondante, une souscription peut être annulée ou l’Actionnaire peut être amené à payer des intérêts sur les montants de souscription non soldés

### aux taux normaux en vigueur. Dans ce cas, l’Agent de Distribution ou l’Actionnaire peut être tenu responsable de toute perte subie par le Fonds.
Le traitement des ordres de rachat est assujetti à la réception et l’acceptation par ou au nom de l’Agent de transfert, la Société et/ou le Gestionnaire d’un ordre de rachat valable. Sous réserve des dispositions de la section « Limites de rachat » dans le Prospectus, les ordres de rachat reçus et acceptés par ou au nom de l’Agent de transfert ou par la Société ou par le Gestionnaire avant l’Heure Limite de Négociation un Jour Ouvré seront traités à la valeur liquidative par Action déterminée ce Jour Ouvré.
| Souscription | Heure	Limite	de Négociation | Heure	de Règlement |
| --- | --- | --- |
| Souscriptions (autres que les Actions de Catégorie Z) | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |
| Souscriptions effectuées directement auprès de l’Agent de Transfert par des Investisseurs Institutionnels Éligibles/Actions de Catégorie Z | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | 15h30, heure de Londres J |
| Rachat | Heure Limite de Négociation | Heure	de Règlement |
| Tous les Rachats | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |


### LE CONSEILLER EN INVESTISSEMENT PAR DÉLÉGATION
Le Gestionnaire a désigné JCIL en tant que conseiller en investissement de la Société. À la date du présent Supplément, JCIL a délégué à Intech la responsabilité de fournir des services discrétionnaires de conseil et de gestion de portefeuille concernant le Fonds.

### CHARGES ET COMMISSIONS
Les charges et commissions auxquelles est soumis tout investissement dans un Fonds (comprenant les droits d’entrée, les droits de sortie conditionnels différés (CDSC), l’ajustement de la dilution, une commission de gestion et une commission de distribution) sont décrits en détail dans le Prospectus à la section « Charges et Commissions », dont un résume figure ci-dessous. Les Charges et Commissions sur les Catégories d’Actions de capital peuvent imputer certaines commissions et charges sur le capital plutôt que sur les revenus.
| Type de commission | Actions de Catégorie A | Actions de Catégorie B | Actions de Catégorie E | Actions de Catégorie G | Actions de Catégorie H | Actions de Catégorie I | Actions de Catégorie S | Actions de Catégorie V | Actions de Catégorie Z |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Droit d'entrée | Jusqu'à 5,00 % du montant souscrit | S/O | Jusqu'à 3,00 % du montant souscrit | S/O | S/O | Jusqu'à 2,00 % du montant souscrit | Jusqu'à 2,00 % du montant souscrit | S/O | S/O |
| CDSC Moins d'un an depuis l’achat - à 2 ans
- à 3 ans
- à 4 ans Plus de 4 ansdepuis l’achat
 | S/O | 4 % 3 % 2 % 1 % 0 % | S/O | S/O | S/O | S/O | S/O | 3 % 2 % 1 % 0 % - | S/O |
| Commissions de services aux Actionnaires | Jusqu'à 0,50 % de la valeur liquidative | Jusqu'à 0,50 % de la valeur liquidative | Jusqu'à 1,25 % de la valeur liquidative | S/O | S/O | S/O | S/O | Jusqu'à 0,50 % de la valeur liquidative | S/O |
| Commission de distribution | S/O | Jusqu'à 1,00 % de la valeur liquidative | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Commission de gestion d’investissem ent | Jusqu'à 0,85 % de la valeur liquidative | Jusqu'à 0,85 % de la valeur liquidative | Jusqu'à 0,85 % de la valeur liquidative | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 0,80 % de la valeur liquidative | Jusqu'à 0,80 % de la valeur liquidative | Jusqu'à 0,85 % de la valeur liquidative | Voir Prospectus |
| Commission de performance | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Charges et Commissions | 1,85 % de la valeur liquidative | 2,85 % de la valeur liquidative | 2,60 % de la valeur liquidative | 1,25 % de la valeur liquidative | 1,25 % de la valeur liquidative | 1,05 % de la valeur liquidative | 1,05 % de la valeur liquidative | 1,85 % de la valeur liquidative | Voir Prospectus |


### AJUSTEMENT DE DILUTION
Un ajustement de dilution peut être appliqué à la Valeur liquidative par Action du Fonds au cours d’un jour de négociation (i) si les souscriptions ou rachats nets dépassent le seuil déterminé à l’avance relatif à la Valeur liquidative du Fonds (lorsqu’un tel seuil est ponctuellement déterminé à l’avance pour le Fonds par le Gestionnaire) ou (ii) dans tout autre cas impliquant des souscriptions ou des rachats nets dans le Fonds, si le Gestionnaire ou ses délégués estiment raisonnablement que l’imposition d’un ajustement de dilution s’inscrira dans l’intérêt des Actionnaires existants.

### CATÉGORIES D’ACTIONS
Comme décrit plus particulièrement dans la section « Les Actions » du Prospectus, la Société propose 11 Catégories d’Actions avec diverses politiques de distribution, fréquences de distribution, politiques de couverture et devises dans chaque Catégorie. Le nouveau nom de chaque Catégorie d’Actions offertes par la Société permet aux Actionnaires d’identifier la politique de distribution, la fréquence de distribution, la politique de couverture et la devise d’une Catégorie en fonction de sous-classifications. Le tableau ci-dessous apporte des précisions sur les Catégories d’Actions du Fonds approuvées par la Banque Centrale, ainsi que sur les Catégories disponibles à l’achat à la date du présent Supplément.
Si, pour une catégorie d’actions donnée d’un fonds donné, aucune émission n’avait préalablement été faite ou s’il est procédé à une réémission, une souscription initiale sera alors possible : (i) à la/aux date(s) devant être déterminée(s) par le Gestionnaire et communiquée(s) à l’avance à la Banque centrale et (ii) le prix de l’offre initiale et le prix de réémission stipulés dans le Prospectus à la section intitulée « Offres initiales de catégories d’actions ». Dans le cas d’un Fonds au titre duquel une ou plusieurs Catégories d’Actions sont déjà
émises, le prix de l’offre initiale par Action pour toute Catégorie d’Actions supplémentaire émise en rapport avec ledit Fonds pourra correspondre à la valeur liquidative par Action desdites autres Catégories d’Actions du Fonds concerné tel que fixé par le Gestionnaire et communiqué à l’avance à la Banque Centrale, ainsi qu’aux Actionnaires potentiels.
| CATÉGORIES D’ACTIONS approuvées par la Banque Centrale à la date du présent Supplément |
| --- |
| Catégorie s libellées en Dollars américain s | Catégorie s libellées en Euros | Catégorie s libellées en Livres sterling | Catégorie s libellées en Dollars de Hong Kong | Catégorie s libellées en Dollars australien s | Catégorie s libellées en Francs suisses | Catégorie s libellées en Dollars canadiens | Catégorie s libellées en Renminbi (CNH) | Catégorie s libellées en Couronne s suédoises | Catégorie s libellées en Dollars néo- zélandais | Catégorie s libellées en Dollars de Singapour | Catégories libellées en Couronnes norvégienne s |
| A2 USD B2 USD E2 USD I2 USD S2 USD H2 USD G2 USD V2 USD Z2 USD | A2 HEUR A2 EUR B2 HEUR E2 HEUR I2 HEUR I1 EUR S2 HEUR S2 EUR H2 HEUR H2 EUR G2 HEUR G2 EUR V2 HEUR Z2 EUR | I2 HGBP I2 GBP S2 HGBP H2 HGBP H2 GBP G2 GBP G2 HGBP Z2 GBP Z2 HGBP | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF G2 HCHF Z2 CHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH | A2 HSEK A2 SEK I2 HSEK I2 SEK H2 HSEK H2 SEK G2 HSEK G2 SEK S2 HSEK S2 SEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD | A2 HNOK A2 NOK I2 HNOK I2 NOK H2 HNOK H2 NOK G2 HNOK G2 NOK S2 NOK S2 HNOK Z2 NOK |


### Supplément concernant le Fonds

### Janus Henderson Intech Global Income Managed Volatility Fund4

### Le présent Supplément est établi en date du 26 février 2021.
Le présent Supplément contient des informations spécifiques au fonds Janus Henderson Intech Global Income Managed Volatility Fund (le « Fonds »), un compartiment de Janus Henderson Capital Funds plc (la « Société »). La Société est un OPCVM établi sous la forme d’une société d’investissement à capital variable avec séparation des passifs entre les Fonds, constituée en Irlande et régie par la Banque centrale.
Ce Supplément fait partie intégrante du dernier Prospectus et doit être lu conjointement avec celui-ci. Le Prospectus peut être révisé ou complété de temps à autre. Les termes commençant par une majuscule utilisés dans le présent Supplément, qui n'ont pas été définis dans les présentes, ont la même signification que dans le Prospectus.

### RÉSUMÉ

### Les informations reprises sous ce titre constituent un résumé des principales caractéristiques du Fonds et doivent être lues conjointement avec le texte complet de ce Supplément.
| Catégories d’Actions | Ce Fonds est fermé aux nouvelles souscriptions (y compris aux échanges à destination du Fonds). Il est en cours de liquidation. |
| --- | --- |
| Sans objet. |
| Fréquence des souscriptions, rachats et échanges | Sans objet. |
| Souscriptions minimales | Sans objet. |
| Adaptation des Catégories | Sans objet. |
| Devise de base | Dollar US |


### OBJECTIF ET POLITIQUES D’INVESTISSEMENT
L’objectif d’investissement de ce Fonds est la croissance à long terme du capital et la génération d’un revenu sous la forme de dividendes. Le Fonds poursuit son objectif en investissant au moins 80 % en actions et titres assimilés de sociétés situées partout dans le monde et dont la capitalisation boursière est au moins égale à celle de l’une des sociétés figurant dans la composition de l’indice MSCI World High Dividend Yield au moment de l’achat. Ce Fonds poursuit son objectif d’investissement en constituant un portefeuille qui cherche à être plus performant que l’indice MSCI World High Dividend Yield sur l’intégralité du cycle de marché, avec l’avantage supplémentaire qu’il peut offrir une faible volatilité, telle que mesurée à l’aide de l’écart type par rapport à l’indice MSCI World High Dividend Yield. Il y a une plus forte chance de constater cette réduction dans l’écart type du portefeuille pendant les périodes de volatilité élevée du marché.
Le Fonds cherche à générer du potentiel de croissance en investissant dans des Actions et dans des titres assimilés, cotés ou négociés sur des Marchés Réglementés qui ne sont pas considérés comme des Marchés en développement.
4 Ce Fonds est fermé aux nouvelles souscriptions (y compris aux échanges à destination du Fonds). Il est en cours de liquidation.
Pour éviter tout doute, le Fonds est est un Fonds d’investissement en Actions. Le Fonds poursuit ses objectifs en recourant à un processus mathématique de gestion de portefeuille afin d’élaborer un portefeuille d’investissement à partir d’actions et de titres assimilés, y compris les actions de préférence, les obligations convertibles (qui peuvent ne pas bénéficier d’une notation de qualité Investment Grade ; veuillez vous reporter à l’Annexe 3 du Prospectus), en fonction de son indice de référence. Le processus mathématique se fonde sur la tendance naturelle des cours des titres à varier au fil du temps (volatilité) et sur les corrélations de cette volatilité afin de choisir les titres ainsi que leurs proportions dans le portefeuille du Fonds. Le Fonds n’investira pas dans des instruments financiers dérivés (autres que des warrants, qui peuvent être acquis par le biais d’actions d’entreprise et qui ne sont pas prévus pour créer un effet de levier).
Dans le cas du Fonds, le processus vise à minimiser ou à réduire la volatilité absolue. Le portefeuille ainsi conçu et son rééquilibrage périodique pour garantir des pondérations plus efficaces permettent au processus d’investissement mathématique du Conseiller en Investissement par Délégation de créer un portefeuille qui, sur la durée, génère des rendements supérieurs à ceux de son indice de référence pour un niveau de risque égal ou inférieur.
Le Fonds pourra investir jusqu’à concurrence de 5 % de sa valeur liquidative dans des titres d’autres Organismes de placement collectif admissibles. Un tel investissement englobe la possibilité d’investir dans d’autres Fonds. Cependant, le Fonds ne peut pas investir dans un autre Fonds détenant lui-même des Actions d’un autre Fonds. Lorsqu'il investit dans un autre Fonds, le Fonds ne peut pas prélever une commission annuelle de gestion de portefeuille et/ou de gestion administrative pour ce qui concerne la fraction de ses actifs qui sont investis dans l'autre Fonds.
Les titres sont généralement sélectionnés par le Conseiller en investissement par délégation sans considération du secteur d’activité ou d’autres critères de sélection semblables ; le Fonds n’a pas vocation à être spécialisé dans un secteur d’activité donné.
Le pourcentage des actifs du Fonds investis en Actions variera et, selon les conditions de marché analysées par le Conseiller en Investissement par Délégation, le Fonds peut détenir, à titre accessoire dans son portefeuille, des liquidités ou des titres à court terme portant intérêt, tels que des Titres d’État ou des Titres de Créance. Le Fonds peut investir, dans une moindre mesure, dans d’autres types de valeurs, notamment des Actions de préférence, des Titres d’État, des Titres de Créance, des warrants et des titres convertibles en Actions, quand le Conseiller en Investissement par Délégation perçoit une opportunité de croissance du capital sur ces titres. Le Fonds peut investir jusqu’à concurrence de 10 % de sa valeur liquidative dans des titres adossés à prêts hypothécaires et à des actifs émis ou garantis par un gouvernement d’un pays membre de l’OCDE, ou ses organismes ou démembrements ou par des émetteurs privés, et dont la notation peut être inférieure aux notations de Premier Ordre telles qu’attribuées par les principales agences de notation. Le Fonds peut investir, directement ou indirectement (à savoir par l’intermédiaire de certificats américains d’actions étrangères, de certificats européens d’actions étrangères et de certificats internationaux d’actions étrangères) sur les marchés concernés. Le Fonds peut également investir jusqu’à concurrence de 5 % de sa valeur liquidative en titres à coupon zéro, en titres payant leurs intérêts en nature et en Titres à Coupon Progressif ainsi que, sans limitation, en Titres Indexés/Structurés. Les obligations payant leurs intérêts en nature sont des obligations qui peuvent payer leurs intérêts sous la forme d’obligations supplémentaires de même nature.
Dans la mesure autorisée pour investir dans de tels titres en vertu de ses politiques d’investissement énoncées dans les présentes, le Fonds n’investira pas plus de 10 % de sa valeur liquidative dans des titres émis ou garantis par un seul pays (y compris son gouvernement, une autorité publique ou locale du pays en question) assortis d’une notation de crédit inférieure à Investment Grade.

### UTILISATION DE MESURES DÉFENSIVES TEMPORAIRES
Dans certaines circonstances, à titre temporaire et exceptionnel, lorsque le Conseiller en Investissement ou le Conseiller en Investissement par Délégation concerné estime qu’il en va de l’intérêt des Actionnaires, le Fonds pourra effectuer quelques entorses à ses politiques d’investissement telles qu’elles figurent ci-dessus. Pour de plus amples informations, se référer à la section « Utilisation de mesures défensives temporaires » du Prospectus.

### PROFIL DE L’INVESTISSEUR TYPE

### Le Fonds s’adresse à une grande diversité d’investisseurs, qui recherchent l’accès à un portefeuille géré dans le respect d’un objectif et d’une politique d’investissement spécifiques.
L’investisseur potentiel doit choisir la Catégorie qui correspond le mieux à ses besoins. En sélectionnant une Catégorie, les investisseurs potentiels doivent prendre en considération les éléments suivants :
- le montant qu’ils prévoient d’investir ;
- la durée de détention prévue des Actions ;
- les frais payés au titre de chaque Catégorie ;
- l’admissibilité des Actionnaires au bénéfice d’une renonciation ou d’un abandon des droits d’entrée ;
- la devise de la catégorie d’actions.


### LIMITES D'INVESTISSEMENTS

### Chacun des investissements du Fonds sera limité aux investissements autorisés par le Règlement sur les OPCVM et d'autres limites applicables stipulées à l'Annexe 4 du Prospectus.

### RÈGLEMENT SUR LES OPÉRATIONS DE FINANCEMENT SUR TITRES
Comme décrit plus particulièrement dans la section « Réglementation des opérations de financement de titres » du Prospectus, sous réserve des limites d’investissement indiquées en Annexe 4 du Prospectus, ainsi que des limites d’investissement définies à la section « Objectif et politiques d’investissement » du Supplément : (a) en ce qui concerne les investissements autorisés dans les swaps sur rendement total, le Fonds peut investir 0 % de sa Valeur liquidative ; et (b) le Fonds peut investir au maximum 100 % de sa Valeur liquidative dans des Opérations de financement sur titres. Sous réserve des limites susmentionnées, le Fonds devrait en général investir entre 0 et 20 % de sa Valeur liquidative dans des swaps sur rendement total et des Opérations de financement sur titres.

### FACTEURS DE RISQUE ET CONSIDÉRATIONS PARTICULIÈRES
L’attention des investisseurs est attirée sur les facteurs de risque et autres considérations particulières qui sont décrits dans le Prospectus à la section intitulée « Facteurs de risque et considérations particulières » et qui peuvent affecter le Fonds. Cette liste de facteurs de risque liés aux investissements dans le Fonds n’est pas exhaustive, et l’attention de l’investisseur est attirée sur la description des instruments financiers qui apparaît à la section « Objectif et politiques d’investissement ».

### POLITIQUE DE DISTRIBUTION

### Ce Fonds est fermé aux nouvelles souscriptions (y compris aux échanges à destination du Fonds). Il est en cours de liquidation.

### HEURES LIMITES DE NÉGOCIATION ET HEURES DE RÈGLEMENT

### Ce Fonds est fermé aux nouvelles souscriptions (y compris aux échanges à destination du Fonds). Il est en cours de liquidation.

### LE CONSEILLER EN INVESTISSEMENT PAR DÉLÉGATION
Le Gestionnaire a désigné JCIL en tant que conseiller en investissement de la Société. À la date du présent Supplément, JCIL a délégué à Intech la responsabilité de fournir des services discrétionnaires de conseil et de gestion de portefeuille concernant le Fonds.

### CHARGES ET COMMISSIONS

### Le Fonds est fermé aux nouvelles souscriptions (y compris aux échanges à destination du Fonds). Il est en cours de liquidation.

### AJUSTEMENT DE DILUTION

### Ce Fonds est fermé aux nouvelles souscriptions (y compris aux échanges à destination du Fonds). Il est en cours de liquidation.

### CATÉGORIES D’ACTIONS

### Ce Fonds est fermé aux nouvelles souscriptions (y compris aux échanges à destination du Fonds). Il est en cours de liquidation.
| CATÉGORIES D’ACTIONS approuvées par la Banque Centrale à la date du présent Supplément |
| --- |
| Catégories libellées en Dollars américains | Catégories libellées en Euros | Catégories libellées en Livres sterling | Catégories libellées en Dollars de Hong Kong | Catégories libellées en Dollars australiens | Catégories libellées en Francs suisses | Catégories libellées en Dollars canadiens | Catégories libellées en Renminbi (CNH) | Catégories libellées en Couronnes suédoises | Catégories libellées en Dollars néo- zélandais | Catégories libellées en Dollars de Singapour |
| S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O |


### Supplément concernant le Fonds Janus Henderson Intech US Core Fund

### Le présent Supplément est établi en date du 26 février 2021.
Le présent Supplément contient des informations spécifiques au fonds Janus Henderson Intech US Core Fund (le « Fonds »), un compartiment de Janus Henderson Capital Funds plc (la « Société »). La Société est un OPCVM établi sous la forme d’une société d’investissement à capital variable avec séparation des passifs entre les Fonds, constituée en Irlande et régie par la Banque centrale.
Ce Supplément fait partie intégrante du dernier Prospectus et doit être lu conjointement avec celui-ci. Le Prospectus peut être révisé ou complété de temps à autre. Les termes commençant par une majuscule utilisés dans le présent Supplément, qui n'ont pas été définis dans les présentes, ont la même signification que dans le Prospectus.

### RÉSUMÉ

### Les informations reprises sous ce titre constituent un résumé des principales caractéristiques du Fonds et doivent être lues conjointement avec le texte complet de ce Supplément.
| Catégories d’Actions | Des précisions sur les Catégories d'Actions sont présentées ci-dessous à la section intitulée « Catégories d’Actions ». |
| --- | --- |
| L’attention des investisseurs est attirée sur le fait qu’à la date du présent Supplément, seules certaines Catégories d’Actions du Fonds sont actuellement ouvertes à la souscription. En outre, toutes les Catégories d’Actions ne sont pas disponibles dans toutes les juridictions. Les investisseurs sont priés de se mettre en rapport avec l’Agent de Distribution pour obtenir la liste des Catégories d’Actions à leur disposition. |
| Fréquence des souscriptions, rachats et échanges | Sauf indication contraire des Administrateurs et/ou du Gestionnaire, les souscriptions, les rachats et les échanges d’Actions peuvent être effectués tout Jour Ouvré en suivant les procédures décrites dans les sections du Prospectus intitulées « Comment acheter des Actions », « Comment obtenir le rachat d’Actions » et « Comment échanger ou céder des Actions ». |
| Souscriptions minimales | Les souscriptions initiales et ultérieures minimales applicables à chaque Catégorie au sein du Fonds sont spécifiées dans la section du Prospectus intitulée « Comment acheter des Actions ». |
| Adaptation des Catégories | L’adaptation des Catégories et l’éligibilité des investisseurs pour des Catégories particulières sont décrites à la section intitulée « Les Actions » du Prospectus. |
| Devise de base | Dollar US |


### OBJECTIF ET POLITIQUES D’INVESTISSEMENT
L’objectif d’investissement de ce Fonds est la croissance à long terme du capital. Le Fonds poursuit son objectif en investissant au moins 80 % de sa valeur liquidative en actions (également appelées parts de société) et titres assimilés de sociétés américaines dont la capitalisation boursière est au moins égale à celle de l’une des sociétés comprises, au moment de l’achat, dans l’indice S&P 500®.

### Objectif de performance : Surperformer l’indice S&P 500® d’au moins 3 % par an, avant déduction des frais, sur toute période de 5 ans.
Le Fonds est géré activement en fonction de l’indice S&P 500®, qui est largement représentatif des sociétés dans lesquelles il peut investir et sur la base duquel l’objectif de performance du Fonds est défini. Le Conseiller en Investissement par Délégation adopte une approche mathématique de l’investissement qui contrôle dans quelle mesure le portefeuille peut différer de l’indice. Les détails de la performance du Fonds sont disponibles

### dans les rapports annuels et semestriels, les documents de commercialisation et dans le DICI. Rien ne garantit que la performance du Fonds sera égale ou supérieure à cet indice de référence.
Le Conseiller en Investissement par Délégation applique un processus d’investissement mathématique permettant de constituer des portefeuilles de titres dont la volatilité moyenne des actions est supérieure à celle de l’indice et de combiner ces titres sans que la volatilité globale du portefeuille ne dépasse celle de l’indice. Les actions plus volatiles tendent à être celles de sociétés à plus faible capitalisation de l’indice. Le Conseiller en Investissement par Délégation assure la gestion des risques en les évaluant comme s’il s’agissait d’un investissement direct dans l’indice. Les contrôles de risques sont conçus de façon à minimiser le risque de sous-performance significative par rapport à l’indice de référence.
Le Fonds cherche à générer du potentiel de croissance en investissant dans des Actions et dans des titres assimilés, cotés ou négociés sur des Marchés Réglementés qui ne sont pas considérés comme des Marchés en développement.
Pour éviter tout doute, le Fonds est est un Fonds d’investissement en Actions. Le Fonds poursuit ses objectifs en recourant à un processus mathématique de gestion de portefeuille afin d’élaborer un portefeuille d’investissement à partir d’actions et de titres assimilés, y compris les actions de préférence, les obligations convertibles (qui peuvent ne pas bénéficier d’une notation de qualité Investment Grade ; veuillez vous reporter à l’Annexe 3 du Prospectus), en fonction de son indice de référence. Le processus mathématique se fonde sur la tendance naturelle des cours des titres à varier au fil du temps (volatilité) et sur les corrélations de cette volatilité afin de choisir les titres ainsi que leurs proportions dans le portefeuille du Fonds. Le Fonds n’investira pas dans des instruments financiers dérivés (autres que des warrants, qui peuvent être acquis par le biais d’actions d’entreprise et qui ne sont pas prévus pour créer un effet de levier).
Le Fonds poursuit son objectif en constituant des portefeuilles de titres dont la volatilité moyenne des actions est supérieure à celle de l’indice et en combinant ces titres sans que la volatilité globale du portefeuille ne dépasse celle de l’indice. Les actions plus volatiles tendent à être celles de sociétés à plus faible capitalisation de l'indice respectif. Le Conseiller en Investissement par Délégation assure la gestion des risques en les évaluant comme s’il s’agissait d’un investissement direct dans l’indice. Les contrôles de risques sont conçus de façon à minimiser le risque de sous-performance significative par rapport à l’indice de référence concerné. Le Conseiller en Investissement par Délégation applique un processus d’investissement mathématique dans le but de constituer un portefeuille composé de titres dont la combinaison est plus efficace que l’indice. Le processus vise à tirer parti de la volatilité naturelle du marché en recherchant des actions de l’indice de référence qui présentent une forte volatilité (offrant ainsi un potentiel de rendements supérieurs), mais qui évoluent dans des directions opposées ou dont la corrélation les unes avec les autres est faible (offrant un potentiel de risque relatif moindre). Le portefeuille ainsi conçu et son rééquilibrage périodique pour garantir des pondérations plus efficaces permettent au processus d’investissement mathématique du Conseiller en Investissement par Délégation de créer un portefeuille qui, sur la durée, génère des rendements supérieurs à ceux de son indice pour un niveau de risque égal ou inférieur.
Le Fonds pourra investir jusqu’à concurrence de 5 % de sa valeur liquidative dans des titres d’autres Organismes de placement collectif admissibles. Un tel investissement englobe la possibilité d’investir dans d’autres Fonds. Cependant, le Fonds ne peut pas investir dans un autre Fonds détenant lui-même des Actions d’un autre Fonds. Lorsqu'il investit dans un autre Fonds, le Fonds ne peut pas prélever une commission annuelle de gestion de portefeuille et/ou de gestion administrative pour ce qui concerne la fraction de ses actifs qui sont investis dans l'autre Fonds.
Les titres sont généralement sélectionnés par le Conseiller en investissement par délégation sans considération du secteur d’activité ou d’autres critères de sélection semblables ; le Fonds n’a pas vocation à être spécialisé dans un secteur d’activité donné.
Le pourcentage des actifs du Fonds investis en Actions variera et, selon les conditions de marché analysées par le Conseiller en Investissement par Délégation, le Fonds peut détenir, à titre accessoire dans son portefeuille, des liquidités ou des titres à court terme portant intérêt, tels que des Titres d’État ou des Titres de Créance. Le Fonds peut investir, dans une moindre mesure, dans d’autres types de valeurs, notamment des Actions de préférence, des Titres d’État, des Titres de Créance, des warrants et des titres convertibles en Actions, quand le Conseiller en Investissement par Délégation perçoit une opportunité de croissance du capital sur ces titres. Le Fonds peut investir jusqu’à concurrence de 10 % de sa valeur liquidative dans des titres
adossés à prêts hypothécaires et à des actifs émis ou garantis par un gouvernement d’un pays membre de l’OCDE, ou ses organismes ou démembrements ou par des émetteurs privés, et dont la notation peut être inférieure aux notations de Premier Ordre telles qu’attribuées par les principales agences de notation. Le Fonds peut investir, directement ou indirectement (à savoir par l’intermédiaire de certificats américains d’actions étrangères, de certificats européens d’actions étrangères et de certificats internationaux d’actions étrangères) sur les marchés concernés. Le Fonds peut également investir jusqu’à concurrence de 5 % de sa valeur liquidative en titres à coupon zéro, en titres payant leurs intérêts en nature et en Titres à Coupon Progressif ainsi que, sans limitation, en Titres Indexés/Structurés. Les obligations payant leurs intérêts en nature sont des obligations qui peuvent payer leurs intérêts sous la forme d’obligations supplémentaires de même nature.

### UTILISATION DE MESURES DÉFENSIVES TEMPORAIRES
Dans certaines circonstances, à titre temporaire et exceptionnel, lorsque le Conseiller en Investissement ou le Conseiller en Investissement par Délégation concerné estime qu’il en va de l’intérêt des Actionnaires, le Fonds pourra effectuer quelques entorses à ses politiques d’investissement telles qu’elles figurent ci-dessus. Pour de plus amples informations, se référer à la section « Utilisation de mesures défensives temporaires » du Prospectus.

### PROFIL DE L’INVESTISSEUR TYPE

### Le Fonds s’adresse à une grande diversité d’investisseurs, qui recherchent l’accès à un portefeuille géré dans le respect d’un objectif et d’une politique d’investissement spécifiques.
L’investisseur potentiel doit choisir la Catégorie qui correspond le mieux à ses besoins. En sélectionnant une Catégorie, les investisseurs potentiels doivent prendre en considération les éléments suivants :
- le montant qu’ils prévoient d’investir ;
- la durée de détention prévue des Actions ;
- les frais payés au titre de chaque Catégorie ;
- l’admissibilité des Actionnaires au bénéfice d’une renonciation ou d’un abandon des droits d’entrée ;
- la devise de la catégorie d’actions.


### LIMITES D'INVESTISSEMENTS

### Chacun des investissements du Fonds sera limité aux investissements autorisés par le Règlement sur les OPCVM et d'autres limites applicables stipulées à l'Annexe 4 du Prospectus.

### RÈGLEMENT SUR LES OPÉRATIONS DE FINANCEMENT SUR TITRES
Comme décrit plus particulièrement dans la section « Réglementation des opérations de financement de titres » du Prospectus, sous réserve des limites d’investissement indiquées en Annexe 4 du Prospectus, ainsi que des limites d’investissement définies à la section « Objectif et politiques d’investissement » du Supplément : (a) en ce qui concerne les investissements autorisés dans les swaps sur rendement total, le Fonds peut investir 0 % de sa Valeur liquidative ; et (b) le Fonds peut investir au maximum 100 % de sa Valeur liquidative dans des Opérations de financement sur titres. Sous réserve des limites susmentionnées, le Fonds devrait en général investir entre 0 et 20 % de sa Valeur liquidative dans des swaps sur rendement total et des Opérations de financement sur titres.

### FACTEURS DE RISQUE ET CONSIDÉRATIONS PARTICULIÈRES
L’attention des investisseurs est attirée sur les facteurs de risque et autres considérations particulières qui sont décrits dans le Prospectus à la section intitulée « Facteurs de risque et considérations particulières » et qui peuvent affecter le Fonds. Cette liste de facteurs de risque liés aux investissements dans le Fonds n’est pas exhaustive, et l’attention de l’investisseur est attirée sur la description des instruments financiers qui apparaît à la section « Objectif et politiques d’investissement ».

### POLITIQUE DE DISTRIBUTION
Telles que décrites plus particulièrement dans le Prospectus à la section « Les Actions » et dans le Supplément à la section intitulée « Catégories d'Actions », les Catégories d’Actions de Distribution peuvent différer en termes de fréquence de distribution. Les Catégories d’Actions de Distribution peuvent effectuer des distributions de façon mensuelle, trimestrielle, semestrielle ou annuelle, tel que déterminé moment du lancement de la Catégorie d’Actions concernée. La fréquence de distribution des Catégories d’Actions est indiquée dans le tableau ci-dessous :
| Fréquence de distribution | Dates de déclaration de distribution |
| --- | --- |
| Catégories d’Actions de capitalisation |
| Sans objet | Sans objet |
| Catégories d’Actions de Distribution |
| Mensuelle | Mensuelle, en principe le 15 de chaque mois à moins que ce jour ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Trimestrielle | Trimestrielle, normalement le 15 janvier, le 15 avril, le 15 juillet et le 15 octobre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Semestrielle | Semestrielle, en principe le 15 avril et le 15 octobre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Annuelle | Annuelle, en principe le 15 octobre à moins qu’il ne s’agisse pas d’un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède la date mentionnée. |


### HEURES LIMITES DE NÉGOCIATION ET HEURES DE RÈGLEMENT
Les ordres de souscription d’Actions reçus et acceptés par ou au nom de l’Agent de transfert ou la Société et/ou le Gestionnaire avant l’Heure Limite de Négociation au cours d’un Jour Ouvré repris dans les tableaux ci-dessous seront traités au prix de l’offre déterminé ce Jour Ouvré. Les ordres de souscription d’Actions reçus par ou au nom de l’Agent de transfert ou de la Société et/ou du Gestionnaire après l’Heure Limite de Négociation un Jour Ouvré seront traités au prix de l’offre déterminé le Jour Ouvré suivant. Si le paiement des ordres de souscription n’est pas reçu à l’Heure de Règlement correspondante, une souscription peut être annulée ou l’Actionnaire peut être amené à payer des intérêts sur les montants de souscription non soldés aux taux normaux en vigueur. Dans ce cas, l’Agent de Distribution ou l’Actionnaire peut être tenu responsable de toute perte subie par le Fonds.
Le traitement des ordres de rachat est assujetti à la réception et l’acceptation par ou au nom de l’Agent de transfert, la Société et/ou le Gestionnaire d’un ordre de rachat valable. Sous réserve des dispositions de la section « Limites de rachat » dans le Prospectus, les ordres de rachat reçus et acceptés par ou au nom de l’Agent de transfert ou par la Société ou par le Gestionnaire avant l’Heure Limite de Négociation un Jour Ouvré seront traités à la valeur liquidative par Action déterminée ce Jour Ouvré.
| Souscription | Heure	Limite	de Négociation | Heure	de Règlement |
| --- | --- | --- |
| Souscriptions (autres que les Actions de Catégorie Z) | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |
| Souscriptions effectuées directement auprès de l’Agent de Transfert par des Investisseurs Institutionnels Éligibles/Actions de Catégorie Z | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | 15h30, heure de Londres J |
| Rachat | Heure Limite de Négociation | Heure	de Règlement |
| Tous les Rachats | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |


### LE CONSEILLER EN INVESTISSEMENT PAR DÉLÉGATION
Le Gestionnaire a désigné JCIL en tant que conseiller en investissement de la Société. À la date du présent Supplément, JCIL a délégué à Intech la responsabilité de fournir des services discrétionnaires de conseil et de gestion de portefeuille concernant le Fonds.

### CHARGES ET COMMISSIONS
Les charges et commissions auxquelles est soumis tout investissement dans un Fonds (comprenant les droits d’entrée, les droits de sortie conditionnels différés (CDSC), l’ajustement de la dilution, une commission de gestion et une commission de distribution) sont décrits en détail dans le Prospectus à la section « Charges et Commissions », dont un résume figure ci-dessous. Les Charges et Commissions sur les Catégories d’Actions de capital peuvent imputer certaines commissions et charges sur le capital plutôt que sur les revenus.
| Type de commission | Actions de Catégorie A | Actions de Catégorie B | Actions de Catégorie E | Actions de Catégorie G | Actions de Catégorie H | Actions de Catégorie I | Actions de Catégorie S | Actions de Catégorie V | Actions de Catégorie Z |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Droit d'entrée | Jusqu'à 5,00 % du montant souscrit | S/O | Jusqu'à 3,00 % du montant souscrit | S/O | S/O | Jusqu'à 2,00 % du montant souscrit | Jusqu'à 2,00 % du montant souscrit | S/O | S/O |
| CDSC Moins d'un an depuis l’achat - à 2 ans
- à 3 ans
- à 4 ans Plus de 4 ansdepuis l’achat
 | S/O | 4 % 3 % 2 % 1 % 0 % | S/O | S/O | S/O | S/O | S/O | 3 % 2 % 1 % 0 % - | S/O |
| Commissions de services aux Actionnaires | Jusqu'à 0,50 % de la valeur liquidative | Jusqu'à 0,50 % de la valeur liquidative | Jusqu'à 1,25 % de la valeur liquidative | S/O | S/O | S/O | S/O | Jusqu'à 0,50 % de la valeur liquidative | S/O |
| Commission de distribution | S/O | Jusqu'à 1,00 % de la valeur liquidative | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Commission de gestion d’investissem ent | Jusqu'à 1,00 % de la valeur liquidative | Jusqu'à 1,00 % de la valeur liquidative | Jusqu'à 1,00 % de la valeur liquidative | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 0,95 % de la valeur liquidative | Jusqu'à 0,95 % de la valeur liquidative | Jusqu'à 1,00 % de la valeur liquidative | Voir Prospectus |
| Commission de performance | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Charges et Commissions | 1,75 % de la valeur liquidative | 2,75 % de la valeur liquidative | 2,75 % de la valeur liquidative | 1,25 % de la valeur liquidative | 1,25 % de la valeur liquidative | 1,20 % de la valeur liquidative | 1,20 % de la valeur liquidative | 2,00 % de la valeur liquidative | Voir Prospectus |


### AJUSTEMENT DE DILUTION
Un ajustement de dilution peut être appliqué à la Valeur liquidative par Action du Fonds au cours d’un jour de négociation (i) si les souscriptions ou rachats nets dépassent le seuil déterminé à l’avance relatif à la Valeur liquidative du Fonds (lorsqu’un tel seuil est ponctuellement déterminé à l’avance pour le Fonds par le Gestionnaire) ou (ii) dans tout autre cas impliquant des souscriptions ou des rachats nets dans le Fonds, si le Gestionnaire ou ses délégués estiment raisonnablement que l’imposition d’un ajustement de dilution s’inscrira dans l’intérêt des Actionnaires existants.

### CATÉGORIES D’ACTIONS
Comme décrit plus particulièrement dans la section « Les Actions » du Prospectus, la Société propose 11 Catégories d’Actions avec diverses politiques de distribution, fréquences de distribution, politiques de couverture et devises dans chaque Catégorie. Le nouveau nom de chaque Catégorie d’Actions offertes par la Société permet aux Actionnaires d’identifier la politique de distribution, la fréquence de distribution, la politique de couverture et la devise d’une Catégorie en fonction de sous-classifications. Le tableau ci-dessous apporte des précisions sur les Catégories d’Actions du Fonds approuvées par la Banque Centrale, ainsi que sur les Catégories disponibles à l’achat à la date du présent Supplément.
Si, pour une catégorie d’actions donnée d’un fonds donné, aucune émission n’avait préalablement été faite ou s’il est procédé à une réémission, une souscription initiale sera alors possible : (i) à la/aux date(s) devant être déterminée(s) par le Gestionnaire et communiquée(s) à l’avance à la Banque centrale et (ii) le prix de l’offre initiale et le prix de réémission stipulés dans le Prospectus à la section intitulée « Offres initiales de catégories d’actions ». Dans le cas d’un Fonds au titre duquel une ou plusieurs Catégories d’Actions sont déjà
émises, le prix de l’offre initiale par Action pour toute Catégorie d’Actions supplémentaire émise en rapport avec ledit Fonds pourra correspondre à la valeur liquidative par Action desdites autres Catégories d’Actions du Fonds concerné tel que fixé par le Gestionnaire et communiqué à l’avance à la Banque Centrale, ainsi qu’aux Actionnaires potentiels.
| CATÉGORIES D’ACTIONS approuvées par la Banque Centrale à la date du présent Supplément |
| --- |
| Catégories libellées en Dollars américains | Catégories libellées en Euros | Catégories libellées en Livres sterling | Catégories libellées en Dollars de Hong Kong | Catégories libellées en Dollars australiens | Catégories libellées en Francs suisses | Catégories libellées en Dollars canadiens | Catégories libellées en Renminbi (CNH) | Catégories libellées en Couronnes suédoises | Catégories libellées en Dollars néo- zélandais | Catégories libellées en Dollars de Singapour |
| A2 USD B2 USD E2 USD I2 USD S2 USD H2 USD G2 USD V2 USD Z2 USD | A2 HEUR B2 HEUR E2 HEUR I2 HEUR S2 HEUR H2 HEUR G2 HEUR V2 HEUR Z2 EUR | I2 HGBP I2 GBP S2 HGBP H2 HGBP H2 GBP G2 HGBP G2 GBP Z2 GBP Z2 HGBP | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF G2 HCHF Z2 CHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD |


### Supplément concernant le Fonds

### Janus Henderson Intech Global Absolute Return Fund

### Le présent Supplément est établi en date du 26 février 2021.
Le présent Supplément contient des informations spécifiques au fonds Janus Henderson Intech Global Absolute Return Fund (le « Fonds »), un compartiment de Janus Henderson Capital Funds plc (la « Société »). La Société est un OPCVM établi sous la forme d’une société d’investissement à capital variable avec séparation des passifs entre les Fonds, constituée en Irlande et régie par la Banque centrale.
Ce Supplément fait partie intégrante du dernier Prospectus et doit être lu conjointement avec celui-ci. Le Prospectus peut être révisé ou complété de temps à autre. Les termes commençant par une majuscule utilisés dans le présent Supplément, qui n'ont pas été définis dans les présentes, ont la même signification que dans le Prospectus.

### RÉSUMÉ

### Les informations reprises sous ce titre constituent un résumé des principales caractéristiques du Fonds et doivent être lues conjointement avec le texte complet de ce Supplément.
| Catégories d’Actions | Des précisions sur les Catégories d'Actions sont présentées ci-dessous à la section intitulée « Catégories d’Actions ». |
| --- | --- |
| L’attention des investisseurs est attirée sur le fait qu’à la date du présent Supplément, seules certaines Catégories d’Actions du Fonds sont actuellement ouvertes à la souscription. En outre, toutes les Catégories d’Actions ne sont pas disponibles dans toutes les juridictions. Les investisseurs sont priés de se mettre en rapport avec l’Agent de Distribution pour obtenir la liste des Catégories d’Actions à leur disposition. |
| Fréquence des souscriptions, rachats et échanges | Sauf indication contraire des Administrateurs et/ou du Gestionnaire, les souscriptions, les rachats et les échanges d’Actions peuvent être effectués tout Jour Ouvré en suivant les procédures décrites dans les sections du Prospectus intitulées « Comment acheter des Actions », « Comment obtenir le rachat d’Actions » et « Comment échanger ou céder des Actions ». |
| Souscriptions minimales | Les souscriptions initiales et ultérieures minimales applicables à chaque Catégorie au sein du Fonds sont spécifiées dans la section du Prospectus intitulée « Comment acheter des Actions ». |
| Adaptation des Catégories | L’adaptation des Catégories et l’éligibilité des investisseurs pour des Catégories particulières sont décrites à la section intitulée « Les Actions » du Prospectus. |
| Devise de base | Dollar US |


### OBJECTIF ET POLITIQUES D’INVESTISSEMENT
L’objectif d’investissement du Fonds consiste à chercher à fournir des rendements absolus positifs sur une période triennale glissante. Le Fonds poursuit son objectif par le biais d’une stratégie détenant des positions longues et courtes principalement en actions (également appelées parts de société) et titres assimilables à des actions de sociétés de toute taille situées partout dans le monde, mais en se concentrant sur les grandes sociétés des marchés développés.
Le Fonds recourt à des techniques et instruments d’investissement (contrats à terme normalisés, options, swaps et swaptions) en vue d’une gestion efficace du portefeuille (c’est-à-dire pour réduire le risque, diminuer les coûts et accroître le capital ou générer des revenus supplémentaires pour le fonds) ou à des fins d’investissement, comme décrit à la section « Types et description des instruments financiers dérivés » du présent Prospectus, sous réserve des conditions et limites stipulées ponctuellement par la Banque centrale.

### Objectif de performance : Générer un rendement positif sur une période de 3 ans.
Le Fonds est géré activement sans référence à un indice de référence. Le Conseiller en Investissement par Délégation adopte une approche mathématique de l’investissement qui n’est pas limitée par un indice de référence spécifique.
Le Conseiller en Investissement par Délégation combine des positions longues sur actions avec des pondérations cibles fixées périodiquement, en négociant de façon systématique les allocations cibles en fonction de la volatilité, des corrélations des actions et des contraintes de risque, avec des investissements en liquidités et quasi-liquidités (c.-à-d. des investissements qui peuvent être facilement convertis en liquidités, par exemple des bons du Trésor) et des positions courtes sur indices boursiers afin de rechercher des rendements positifs dans le cadre de marchés baissiers. La pondération de l’allocation aux composantes de la stratégie est adaptée au fil du temps, sur la base de la volatilité du marché afin d’atteindre les objectifs du Fonds en matière de risque et de rendement à long terme.
Pour éviter tout doute, le Fonds est est un Fonds d’investissement en Actions. Le Fonds poursuit ses objectifs en recourant à un processus mathématique de gestion de portefeuille afin d’élaborer un portefeuille d’investissement à partir d’actions et de titres assimilés, y compris les actions de préférence, les obligations convertibles (qui peuvent ne pas bénéficier d’une notation de qualité Investment Grade ; veuillez vous reporter à l’Annexe 3 du Prospectus), en fonction de son indice de référence respectif. Le processus mathématique se fonde sur la tendance naturelle des cours des titres à varier au fil du temps (volatilité) et sur les corrélations de cette volatilité afin de choisir les titres ainsi que leurs proportions dans le portefeuille du Fonds.
Dans le cas du Fonds, le processus vise à minimiser ou à réduire la volatilité absolue. Le portefeuille ainsi conçu et son rééquilibrage périodique pour garantir des pondérations plus efficaces permettent au processus d’investissement mathématique du Conseiller en Investissement par Délégation de créer un portefeuille qui, sur la durée, génère des rendements supérieurs à ceux de son indice pour un niveau de risque égal ou inférieur.
Le Fonds pourra investir jusqu’à concurrence de 5 % de sa valeur liquidative dans des titres d’autres Organismes de placement collectif admissibles. Un tel investissement englobe la possibilité d’investir dans d’autres Fonds. Cependant, le Fonds ne peut pas investir dans un autre Fonds détenant lui-même des Actions d’un autre Fonds. Lorsqu'il investit dans un autre Fonds, le Fonds ne peut pas prélever une commission annuelle de gestion de portefeuille et/ou de gestion administrative pour ce qui concerne la fraction de ses actifs qui sont investis dans l'autre Fonds.
Le Fonds peut investir en instruments financiers dérivés à des fins de gestion efficace du portefeuille. Les investissements du Fonds en instruments dérivés seront soumis aux limites stipulées dans la politique d’investissement du Fonds ainsi qu’aux conditions et limites éventuellement stipulées par la Banque centrale. Le Fonds est autorisé à des fins d’investissement à investir jusqu’à 100 % de sa valeur liquidative dans des instruments financiers dérivés. Le montant maximal d’effet de levier (lorsqu’il est calculé en utilisant l’approche d’engagement) que le Fonds peut créer grâce à l’utilisation d’instruments financiers dérivés est de 100 % de la valeur liquidative du Fonds. Toutefois, les Actionnaires doivent noter que, compte tenu de la nature des instruments dérivés et du fait que ces instruments peuvent être négociés à la marge, un relativement faible mouvement défavorable du cours du sous-jacent d’un instrument dérivé donné peut entraîner des mouvements immédiats et importants de l’exposition du Fonds à cet instrument dérivé. Si les limites d’exposition liées à un instrument dérivé devaient être supérieures pour des raisons échappant au contrôle du Fonds, celui-ci aura pour priorité de remédier à cette situation en tenant compte des intérêts de ses Actionnaires.
Les titres sont généralement sélectionnés par le Conseiller en investissement par délégation sans considération du secteur d’activité ou d’autres critères de sélection semblables ; le Fonds n’a pas vocation à être spécialisé dans un secteur d’activité donné.
Le pourcentage des actifs du Fonds investis en Actions variera et, selon les conditions de marché analysées par le Conseiller en Investissement par Délégation, le Fonds peut détenir, à titre accessoire dans son portefeuille, des liquidités ou des titres à court terme portant intérêt, tels que des Titres d’État ou des Titres de Créance. Le Fonds peut investir, dans une moindre mesure, dans d’autres types de valeurs, notamment des
Actions de préférence, des Titres d’État, des Titres de Créance, des warrants et des titres convertibles en Actions, quand le Conseiller en Investissement par Délégation perçoit une opportunité de croissance du capital sur ces titres. Le Fonds peut investir jusqu’à concurrence de 10 % de sa valeur liquidative dans des titres adossés à prêts hypothécaires et à des actifs émis ou garantis par un gouvernement d’un pays membre de l’OCDE, ou ses organismes ou démembrements ou par des émetteurs privés, et dont la notation peut être inférieure aux notations de Premier Ordre telles qu’attribuées par les principales agences de notation. Le Fonds peut investir, directement ou indirectement (à savoir par l’intermédiaire de certificats américains d’actions étrangères, de certificats européens d’actions étrangères et de certificats internationaux d’actions étrangères) sur les marchés concernés. Le Fonds peut également investir jusqu’à concurrence de 5 % de sa valeur liquidative en titres à coupon zéro, en titres payant leurs intérêts en nature et en Titres à Coupon Progressif ainsi que, sans limitation, en Titres Indexés/Structurés. Les obligations payant leurs intérêts en nature sont des obligations qui peuvent payer leurs intérêts sous la forme d’obligations supplémentaires de même nature.

### UTILISATION DE MESURES DÉFENSIVES TEMPORAIRES
Dans certaines circonstances, à titre temporaire et exceptionnel, lorsque le Conseiller en Investissement ou le Conseiller en Investissement par Délégation concerné estime qu’il en va de l’intérêt des Actionnaires, le Fonds pourra effectuer quelques entorses à ses politiques d’investissement telles qu’elles figurent ci-dessus. Pour de plus amples informations, se référer à la section « Utilisation de mesures défensives temporaires » du Prospectus.

### PROFIL DE L’INVESTISSEUR TYPE

### Le Fonds s’adresse à une grande diversité d’investisseurs, qui recherchent l’accès à un portefeuille géré dans le respect d’un objectif et d’une politique d’investissement spécifiques.
L’investisseur potentiel doit choisir la Catégorie qui correspond le mieux à ses besoins. En sélectionnant une Catégorie, les investisseurs potentiels doivent prendre en considération les éléments suivants :
- le montant qu’ils prévoient d’investir ;
- la durée de détention prévue des Actions ;
- les frais payés au titre de chaque Catégorie ;
- l’admissibilité des Actionnaires au bénéfice d’une renonciation ou d’un abandon des droits d’entrée ;
- la devise de la catégorie d’actions.


### LIMITES D'INVESTISSEMENTS

### Chacun des investissements du Fonds sera limité aux investissements autorisés par le Règlement sur les OPCVM et d'autres limites applicables stipulées à l'Annexe 4 du Prospectus.

### UTILISATION D’INSTRUMENTS ET DE TECHNIQUES D’INVESTISSEMENT ET D’INSTRUMENTS FINANCIERS DÉRIVÉS
Sous réserve de la capacité du Fonds à investir jusqu'à 10 % de sa valeur liquidative dans des instruments financiers dérivés à des fins d'investissement, comme indiqué à la section « Objectif et Politiques d’investissement » ci-dessus, le Conseillers en Investissement par Délégation peut seulement employer des instruments et des techniques d’investissement tels que des contrats à terme normalisés, des options, des swaps et autres instruments financiers dérivés pour une gestion efficace du portefeuille (à savoir une réduction des risques, une réduction des coûts et la génération de capital ou de revenu supplémentaire pour le Fonds) et le Conseiller en Investissement par Délégation est tenu de se conformer aux conditions et restrictions stipulées périodiquement par la Banque centrale. De plus amples informations figurent aux sections

### « Utilisation d'instruments et de techniques d'investissement et d'instruments financiers dérivés » et « Types et description d'instruments financiers dérivés » du Prospectus.

### La principale méthode de calcul de l’exposition globale pour le Fonds est l'approche d'engagement.

### RÈGLEMENT SUR LES OPÉRATIONS DE FINANCEMENT SUR TITRES
Comme décrit plus particulièrement dans la section « Réglementation des opérations de financement de titres » du Prospectus, sous réserve des limites d’investissement indiquées en Annexe 4 du Prospectus, ainsi que des limites d’investissement définies à la section « Objectif et politiques d’investissement » du Supplément : (a) en ce qui concerne les investissements autorisés dans les swaps sur rendement total, le Fonds peut investir 0 % de sa Valeur liquidative ; et (b) le Fonds peut investir au maximum 100 % de sa Valeur liquidative dans des Opérations de financement sur titres. Sous réserve des limites susmentionnées, le Fonds devrait en général investir entre 0 et 20 % de sa Valeur liquidative dans des swaps sur rendement total et des Opérations de financement sur titres.

### FACTEURS DE RISQUE ET CONSIDÉRATIONS PARTICULIÈRES
L’attention des investisseurs est attirée sur les facteurs de risque et autres considérations particulières qui sont décrits dans le Prospectus à la section intitulée « Facteurs de risque et considérations particulières » et qui peuvent affecter le Fonds. Cette liste de facteurs de risque liés aux investissements dans le Fonds n’est pas exhaustive, et l’attention de l’investisseur est attirée sur la description des instruments financiers qui apparaît à la section « Objectif et politiques d’investissement ».

### POLITIQUE DE DISTRIBUTION
Telles que décrites plus particulièrement dans le Prospectus à la section « Les Actions » et dans le Supplément à la section intitulée « Catégories d'Actions », les Catégories d’Actions de Distribution peuvent différer en termes de fréquence de distribution. Les Catégories d’Actions de Distribution peuvent effectuer des distributions de façon mensuelle, trimestrielle, semestrielle ou annuelle, tel que déterminé moment du lancement de la Catégorie d’Actions concernée. La fréquence de distribution des Catégories d’Actions est indiquée dans le tableau ci-dessous :
| Fréquence de distribution | Dates de déclaration de distribution |
| --- | --- |
| Catégories d’Actions de capitalisation |
| Sans objet | Sans objet |
| Catégories d’Actions de Distribution |
| Mensuelle | Mensuelle, en principe le 15 de chaque mois à moins que ce jour ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Trimestrielle | Trimestrielle, normalement le 15 janvier, le 15 avril, le 15 juillet et le 15 octobre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Semestrielle | Semestrielle, en principe le 15 avril et le 15 octobre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Annuelle | Annuelle, en principe le 15 octobre à moins qu’il ne s’agisse pas d’un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède la date mentionnée. |


### HEURES LIMITES DE NÉGOCIATION ET HEURES DE RÈGLEMENT
Les ordres de souscription d’Actions reçus et acceptés par ou au nom de l’Agent de transfert ou la Société et/ou le Gestionnaire avant l’Heure Limite de Négociation au cours d’un Jour Ouvré repris dans les tableaux ci-dessous seront traités au prix de l’offre déterminé ce Jour Ouvré. Les ordres de souscription d’Actions reçus par ou au nom de l’Agent de transfert ou de la Société et/ou du Gestionnaire après l’Heure Limite de Négociation un Jour Ouvré seront traités au prix de l’offre déterminé le Jour Ouvré suivant. Si le paiement des ordres de souscription n’est pas reçu à l’Heure de Règlement correspondante, une souscription peut être annulée ou l’Actionnaire peut être amené à payer des intérêts sur les montants de souscription non soldés aux taux normaux en vigueur. Dans ce cas, l’Agent de Distribution ou l’Actionnaire peut être tenu responsable de toute perte subie par le Fonds.
Le traitement des ordres de rachat est assujetti à la réception et l’acceptation par ou au nom de l’Agent de transfert, la Société et/ou le Gestionnaire d’un ordre de rachat valable. Sous réserve des dispositions de la section « Limites de rachat » dans le Prospectus, les ordres de rachat reçus et acceptés par ou au nom de l’Agent de transfert ou par la Société ou par le Gestionnaire avant l’Heure Limite de Négociation un Jour Ouvré seront traités à la valeur liquidative par Action déterminée ce Jour Ouvré.
| Souscription | Heure Limite de Négociation | Heure de Règlement |
| --- | --- | --- |
| Souscriptions (autres que les Actions de Catégorie Z) | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |
| Souscriptions effectuées directement auprès de l’Agent de Transfert par des Investisseurs Institutionnels Éligibles/Actions de Catégorie Z | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | 15h30, heure de Londres J |
| Rachat | Heure Limite de Négociation | Heure de Règlement |
| Tous les Rachats | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |


### LE CONSEILLER EN INVESTISSEMENT PAR DÉLÉGATION
Le Gestionnaire a désigné JCIL en tant que conseiller en investissement de la Société. À la date du présent Supplément, JCIL a délégué à Intech la responsabilité de fournir des services discrétionnaires de conseil et de gestion de portefeuille concernant le Fonds.

### CHARGES ET COMMISSIONS
Les charges et commissions auxquelles est soumis tout investissement dans un Fonds (comprenant les droits d’entrée, les droits de sortie conditionnels différés (CDSC), l’ajustement de la dilution, une commission de gestion et une commission de distribution) sont décrits en détail dans le Prospectus à la section « Charges et Commissions », dont un résume figure ci-dessous. Les Charges et Commissions sur les Catégories d’Actions de capital peuvent imputer certaines commissions et charges sur le capital plutôt que sur les revenus.
| Type de commission | Actions de Catégorie A | Actions de Catégorie B | Actions de Catégorie E | Actions de Catégorie G | Actions de Catégorie H | Actions de Catégorie I | Actions de Catégorie S | Actions de Catégorie V | Actions de Catégorie Z |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Droit d'entrée | Jusqu'à 5,00 % du montant souscrit | S/O | Jusqu'à 3,00 % du montant souscrit | S/O | S/O | Jusqu'à 2,00 % du montant souscrit | Jusqu'à 2,00 % du montant souscrit | S/O | S/O |
| CDSC Moins d'un an depuis l’achat - à 2 ans
- à 3 ans
- à 4 ans Plus de 4 ansdepuis l’achat
 | S/O | 4 % 3 % 2 % 1 % 0 % | S/O | S/O | S/O | S/O | S/O | 3 % 2 % 1 % 0 % - | S/O |
| Commissions de services aux Actionnaires | Jusqu'à 0,50 % de la valeur liquidative | Jusqu'à 0,50 % de la valeur liquidative | Jusqu'à 1,25 % de la valeur liquidative | S/O | S/O | S/O | S/O | Jusqu'à 0,50 % de la valeur liquidative | S/O |
| Commission de distribution | S/O | Jusqu'à 1,00 % de la valeur liquidative | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Commission de gestion d’investissem ent | Jusqu'à 1,00 % de la valeur liquidative | Jusqu'à 1,00 % de la valeur liquidative | Jusqu'à 1,00 % de la valeur liquidative | Jusqu'à 0,65 % de la valeur liquidative | Jusqu'à 0,65 % de la valeur liquidative | Jusqu'à 1,00 % de la valeur liquidative | Jusqu'à 1,00 % de la valeur liquidative | Jusqu'à 1,00 % de la valeur liquidative | Voir Prospectus |
| Commission de performance | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Charges et Commissions | 1,75 % de la valeur liquidative | S/O | 2,75 % de la valeur liquidative | 1,25 % de la valeur liquidative | 1,25 % de la valeur liquidative | 1,25 % de la valeur liquidative | 1,25 % de la valeur liquidative | 2,00 % de la valeur liquidative | Voir Prospectus |


### AJUSTEMENT DE DILUTION
Un ajustement de dilution peut être appliqué à la Valeur liquidative par Action du Fonds au cours d’un jour de négociation (i) si les souscriptions ou rachats nets dépassent le seuil déterminé à l’avance relatif à la Valeur liquidative du Fonds (lorsqu’un tel seuil est ponctuellement déterminé à l’avance pour le Fonds par le Gestionnaire) ou (ii) dans tout autre cas impliquant des souscriptions ou des rachats nets dans le Fonds, si le Gestionnaire ou ses délégués estiment raisonnablement que l’imposition d’un ajustement de dilution s’inscrira dans l’intérêt des Actionnaires existants.

### CATÉGORIES D’ACTIONS
Comme décrit plus particulièrement dans la section « Les Actions » du Prospectus, la Société propose 11 Catégories d’Actions avec diverses politiques de distribution, fréquences de distribution, politiques de couverture et devises dans chaque Catégorie. Le nouveau nom de chaque Catégorie d’Actions offertes par la Société permet aux Actionnaires d’identifier la politique de distribution, la fréquence de distribution, la politique de couverture et la devise d’une Catégorie en fonction de sous-classifications. Le tableau ci-dessous apporte des précisions sur les Catégories d’Actions du Fonds approuvées par la Banque Centrale, ainsi que sur les Catégories disponibles à l’achat à la date du présent Supplément.
Si, pour une catégorie d’actions donnée d’un fonds donné, aucune émission n’avait préalablement été faite ou s’il est procédé à une réémission, une souscription initiale sera alors possible : (i) à la/aux date(s) devant être déterminée(s) par le Gestionnaire et communiquée(s) à l’avance à la Banque centrale et (ii) le prix de l’offre initiale et le prix de réémission stipulés dans le Prospectus à la section intitulée « Offres initiales de catégories d’actions ». Dans le cas d’un Fonds au titre duquel une ou plusieurs Catégories d’Actions sont déjà émises, le prix de l’offre initiale par Action pour toute Catégorie d’Actions supplémentaire émise en rapport
avec ledit Fonds pourra correspondre à la valeur liquidative par Action desdites autres Catégories d’Actions du Fonds concerné tel que fixé par le Gestionnaire et communiqué à l’avance à la Banque Centrale, ainsi qu’aux Actionnaires potentiels.
| CATÉGORIES D’ACTIONS approuvées par la Banque Centrale à la date du présent Supplément |
| --- |
| Catégorie s libellées en Dollars américain s | Catégorie s libellées en Euros | Catégorie s libellées en Livres sterling | Catégorie s libellées en Dollars de Hong Kong | Catégorie s libellées en Dollars australien s | Catégorie s libellées en Francs suisses | Catégorie s libellées en Dollars canadiens | Catégorie s libellées en Renminbi (CNH) | Catégorie s libellées en Couronne s suédoises | Catégorie s libellées en Dollars néo- zélandais | Catégorie s libellées en Dollars de Singapour | Catégories libellées en Couronnes norvégienne s |
| A2 USD B2 USD E2 USD I2 USD S2 USD H2 USD G2 USD V2 USD Z2 USD | A2 HEUR B2 HEUR E2 HEUR I2 HEUR S2 HEUR H2 HEUR G2 HEUR V2 HEUR Z2 EUR | I2 GBP S2 HGBP H2 GBP G2 GBP Z2 GBP | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF G2 HCHF Z2 CHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD | A2 HNOK I2 HNOK Z2 HNOK H2 HNOK |

La période d’offre initiale pour toutes les Catégories d’Actions du Fonds débutera à 9 heures (heure d’Irlande) le 7 juillet 2020 et se terminera à 16 heures (heure de New York) le 7 janvier 2021 ou à toute autre date que le Gestionnaire pourra fixer et notifier à l’avance à la Banque Centrale.

### Supplément concernant le Fonds

### Janus Henderson Global Diversified Alternatives Fund

### Le présent Supplément est établi en date du 26 février 2021.
Le présent Supplément contient des informations spécifiques au fonds Janus Henderson Global Diversified Alternatives Fund (le « Fonds »), un compartiment de Janus Henderson Capital Funds plc (la « Société »). La Société est un OPCVM établi sous la forme d’une société d’investissement à capital variable avec séparation des passifs entre les Fonds, constituée en Irlande et régie par la Banque centrale.
Ce Supplément fait partie intégrante du dernier Prospectus et doit être lu conjointement avec celui-ci. Le Prospectus peut être révisé ou complété de temps à autre. Les termes commençant par une majuscule utilisés dans le présent Supplément, qui n'ont pas été définis dans les présentes, ont la même signification que dans le Prospectus.

### RÉSUMÉ

### Les informations reprises sous ce titre constituent un résumé des principales caractéristiques du Fonds et doivent être lues conjointement avec le texte complet du Supplément.
| Catégories d’Actions | Des précisions sur les Catégories d'Actions sont présentées ci-dessous à la section intitulée « Catégories d’Actions ». |
| --- | --- |
| L’attention des investisseurs est attirée sur le fait qu’à la date du présent Supplément, seules certaines Catégories d’Actions du Fonds sont actuellement ouvertes à la souscription. En outre, toutes les Catégories d’Actions ne sont pas disponibles dans toutes les juridictions. Les investisseurs sont priés de se mettre en rapport avec l’Agent de Distribution pour obtenir la liste des Catégories d’Actions à leur disposition. |
| Fréquence des souscriptions, rachats et échanges | Sauf indication contraire des Administrateurs et/ou du Gestionnaire, les souscriptions, les rachats et les échanges d’Actions peuvent être effectués tout Jour Ouvré en suivant les procédures décrites dans les sections du Prospectus intitulées « Comment acheter des Actions », « Comment obtenir le rachat d’Actions » et « Comment échanger ou céder des Actions ». |
| Souscriptions minimales | Les souscriptions initiales et ultérieures minimales applicables à chaque Catégorie au sein du Fonds sont spécifiées dans la section du Prospectus intitulée « Comment acheter des Actions ». |
| Adaptation des Catégories | L’adaptation des Catégories et l’éligibilité des investisseurs pour des Catégories particulières sont décrites à la section intitulée « Les Actions » du Prospectus. |
| Devise de base | Dollar US |


### OBJECTIF ET POLITIQUES D’INVESTISSEMENT
L’objectif d’investissement du Fonds est la croissance à long terme du capital associée à une faible corrélation avec les actions et obligations mondiales. Le Fonds est géré activement et n’est pas géré en fonction d’un indice de référence. En temps normal, le Fonds poursuit son objectif d’investissement en investissant dans plusieurs catégories d’actifs, parmi lesquelles les actions (également appelées parts de société), les titres à revenu fixe, les matières premières, les taux d’intérêt et les devises ; la sélection des investissements se fonde sur les facteurs de risque/rendement de ces catégories d’actifs. Les facteurs de risque/rendement inhérents à chaque catégorie d’actifs sous-jacents et qui détermineront les rendements du portefeuille peuvent également être désignés par le terme Primes de risque de marché.
Depuis toujours, la recherche académique se concentre sur la compréhension de ces sources de rendement. Le processus d’identification des investissements pour le fonds intègre des vues uniques, façonnées à l’aide
d’une expérience de marché chevronnée et conjuguées à la recherche académique et à des modèles quantitatifs. Le Conseiller en Investissement par Délégation concerné peut, à son entière discrétion, procéder à une allocation active entre les différentes catégories d’actifs sur la base de son évaluation des Primes de Risque de Marché applicables auxdites catégories d’actifs.
Pour accéder à ces différentes sources de rendement potentiel, le Fonds peut investir dans des sociétés de toutes tailles, situées dans n’importe quel pays du monde, des grandes sociétés bien établies aux sociétés plus modestes de croissance émergente. De plus, le Fonds peut investir dans des titres productifs de revenus d’émetteurs situés n’importe où dans le monde. Cela peut inclure des titres de toute échéance et de toute qualité de crédit, ainsi que l’exposition à des Titres d’État et à des Titres de créance. L’exposition du Fonds aux matières premières peut inclure des investissements en matières premières cotées, des obligations à moyen terme cotées (exchange traded notes), des contrats à terme normalisés sur indices de matières premières, des options, des swaps et autres instruments financiers dérivés offrant une exposition à des Indices de matières premières, à condition que ces instruments soient conformes à l’exigence de la Banque Centrale. Le Fonds peut également investir dans d’autres instruments financiers dérivés offrant une exposition aux primes de risque de portage sur devises. L’investissement en portage sur devises vise à générer des rendements en investissant dans des devises à rendement élevé par rapport à des devises à rendement plus faible. S’agissant d’une opération de portage, les devises à faible taux d’intérêt peuvent être vendues et les devises à fort taux d’intérêt peuvent être achetées. Le Fonds peut également investir dans d’autres instruments financiers dérivés offrant une exposition à divers taux d’intérêt du marché.
Le Fonds peut investir dans des instruments financiers dérivés à des fins de gestion efficace du portefeuille (c’est-à-dire la réduction des risques, la réduction des coûts, la génération de capital ou de revenu supplémentaire pour le Fonds) ou à des fins d’investissement (comme indiqué dans la section du Prospectus intitulée « Types et description des instruments financiers dérivés » des présentes), sous réserve des conditions et dans les limites stipulées périodiquement par la Banque centrale concernant l’acquisition ou la couverture d’une exposition aux investissements envisagés dans ces politiques d’investissement.
Le Fonds aura fortement recours aux instruments financiers dérivés. Le risque de marché du Fonds sera mesuré à l’aide de l’approche de la VaR. La VaR absolue du Fonds n’excédera pas 14,1 % de sa valeur liquidative. Il est prévu que dans des conditions normales de marché, l’effet de levier du Fonds, calculé comme la somme des montants notionnels des produits dérivés détenus par le Fonds (l’« Approche par les Notionnels »), soit inférieur à 600 % de la valeur liquidative du Fonds, et qu’il oscille habituellement entre 200 et 700 % de la valeur liquidative. Dans des circonstances exceptionnelles, il est prévu que le Fonds puisse être endetté à concurrence maximale de 1000 % (selon l’Approche par les Notionnels) de sa valeur liquidative. Par circonstances exceptionnelles, on entend des périodes caractérisées par (i) un manque de liquidité, s’agissant notamment de titres inscrits à la cote, échangés ou négociés sur un Marché Réglementé, amenant le Conseiller en Investissement par Délégation à rechercher une exposition aux marchés dérivés, (ii) de la volatilité vis-à-vis de laquelle le Conseiller en Investissement par Délégation cherche à se couvrir ou à prendre des positions opportunistes tout en respectant les politiques et restrictions d’investissement applicables au Fonds ou (iii) des corrélations imparfaites et des conditions de marché imprévues. Si le Fonds a recours à un effet de levier important, notamment le montant le plus élevé permis dans des circonstances exceptionnelles, il peut subir des pertes plus graves que celles qu’il aurait connues sans cet effet de levier massif. Le niveau de l’effet de levier est calculé à l’aide de l’Approche par les Notionnels tel que requis par le Règlement sur les OPCVM. La valeur notionnelle des investissements diverge fortement de leur valeur de marché, raison pour laquelle les limites d’effet de levier sont élevées. Ces limites d’effet de levier n’intègrent pas de quelconques accords de compensation ou de couverture que le Fonds pourrait appliquer à tout moment, quand bien même ces accords de compensation ou de couverture seraient utilisés à des fins de réduction du risque.
Le Fonds cherche à réaliser son objectif d’investissement en investissant dans les titres précités, échangés ou négociés sur des Marchés Réglementés (y compris des Marchés en développement) ou en investissant indirectement dans de tels titres via le recours à des instruments financiers dérivés. En raison de son exposition aux Marchés en développement et aux titres de qualité inférieure (below Investment Grade), un investissement dans le Fonds ne doit pas représenter une part substantielle d’un portefeuille d’investissement et peut ne pas convenir à tous les investisseurs.
Pour éviter tout doute, le Fonds est est un Fonds d’investissement en Actions. Le Fonds peut investir dans tous les types de valeurs mobilières mentionnés ci-dessus qui sont négociés sur un Marché réglementé, sous réserve des limites définies dans les présentes.
Le Fonds peut investir dans des actions et des titres assimilés (y compris des actions de préférence, des obligations convertibles (qui peuvent être assorties d’une note inférieure à une notation de Premier Ordre ; voir l’Annexe 3) et des warrants).
Le Fonds peut détenir directement des positions acheteuses sur des actions ou des titres assimilés ou indirectement par le biais d’instruments financiers dérivés. Le Fonds ne peut vendre directement des titres à découvert, mais exclusivement par le biais d’instruments dérivés. Les instruments financiers dérivés sont ceux qui comportent des actions ou des titres assimilés à des actions en tant qu’exposition sous-jacente, mais le Fonds peut également investir dans des swaps, des contrats à terme normalisés, des options et des contrats de différence ; il peut également prendre des positions acheteuses (longues) et vendeuses (courtes) avec livraison synthétique en recourant à ces instruments financiers dérivés. Outre l’emploi d’instruments financiers dérivés à des fins d’investissement, le Fonds peut également les utiliser à des fins de gestion efficace de portefeuille, sous réserve des conditions et limites stipulées périodiquement par la Banque centrale.
Le Fonds peut investir la quasi-totalité de ses actifs en actions, dans la mesure où le Conseiller en investissement par délégation estime que les marchés concernés bénéficient d’une conjoncture favorable à un investissement rentable dans ces valeurs. Les titres sont généralement sélectionnés par le Conseiller en investissement par délégation sans considération du secteur d’activité ou d’autres critères de sélection semblables ; le Fonds n’a pas vocation à être spécialisé dans un secteur d’activité donné.

### L’obtention de revenus n'est pas un critère d’investissement important pour le Fonds.
Le Fonds pourra investir jusqu’à concurrence de 5 % de sa valeur liquidative dans des titres d’autres Organismes de placement collectif admissibles. Un tel investissement englobe la possibilité d’investir dans d’autres Fonds. Cependant, le Fonds ne peut pas investir dans un autre Fonds détenant lui-même des Actions d’un autre Fonds. Lorsqu'il investit dans un autre Fonds, le Fonds ne peut pas prélever une commission annuelle de gestion de portefeuille et/ou de gestion administrative pour ce qui concerne la fraction de ses actifs qui sont investis dans l'autre Fonds.
Le pourcentage des actifs du Fonds investis en Actions variera et, selon les conditions de marché analysées par le Conseiller en Investissement par Délégation, le Fonds peut détenir, à titre accessoire dans son portefeuille, des liquidités ou des titres à court terme portant intérêt, tels que des Titres d’État ou des Titres de Créance. Le Fonds peut investir, dans une moindre mesure, dans d’autres types de valeurs, notamment des Actions de préférence, des Titres d’État, des Titres de Créance, des warrants et des titres convertibles en Actions, quand le Conseiller en Investissement par Délégation perçoit une opportunité de croissance du capital sur ces titres. Le Fonds peut investir jusqu’à 35 % de sa valeur liquidative en Titres de Créance (y compris des obligations à haut rendement/risque) ou en Titres d'État bénéficiant d’une notation de Premier Ordre, supérieure ou inférieure aux notations de Premier Ordre. Le Fonds peut également investir jusqu’à concurrence de 10 % de sa valeur liquidative dans des titres adossés à prêts hypothécaires et à des actifs émis ou garantis par un gouvernement d’un pays membre de l’OCDE, ou ses organismes ou démembrements ou par des émetteurs privés, et dont la notation peut être inférieure aux notations de Premier Ordre telles qu’attribuées par les principales agences de notation. Le Fonds peut investir, directement ou indirectement (à savoir par l’intermédiaire de certificats américains d’actions étrangères, de certificats européens d’actions étrangères et de certificats internationaux d’actions étrangères) sur les marchés concernés. Le Fonds peut également investir jusqu’à concurrence de 5 % de sa valeur liquidative en titres à coupon zéro, en titres payant leurs intérêts en nature et en Titres à Coupon Progressif ainsi que, sans limitation, en Titres Indexés/Structurés. Les obligations payant leurs intérêts en nature sont des obligations qui peuvent payer leurs intérêts sous la forme d’obligations supplémentaires de même nature.
Le Conseiller en Investissement par Délégation adopte généralement une approche ascendante envers la constitution de portefeuilles. En d’autres termes, il veut identifier les sociétés robustes dotées d’avantages concurrentiels durables qui améliorent leurs retours sur le capital. Communément appelé la sélection de titres ou l’investissement ascendant, les portefeuilles de fonds d’investissement axés sur les caractéristiques fondamentales sont constitués un titre à la fois, après des recherches internes intensives à l’égard de chaque société. Les domaines de recherche peuvent cibler la direction de la société, ses finances, ses avantages concurrentiels et ses faiblesses, ses perspectives de croissance de revenus et plusieurs autres paramètres. Cette approche se fonde sur la conviction que certaines sociétés ont des forces inhérentes en matière de création de valeur pour les actionnaires au fil du temps, ont de meilleures perspectives que leurs homologues
et devraient donc surclasser l’industrie, même dans des industries ou des circonstances économiques difficiles. L’objectif d’une approche d’investissement fondamentale est d’identifier et d’investir dans de telles sociétés.
Le Fonds peut investir en instruments financiers dérivés à des fins de gestion efficace du portefeuille. Les investissements du Fonds en instruments dérivés seront soumis aux limites stipulées dans la politique d’investissement du Fonds ainsi qu’aux conditions et limites éventuellement stipulées par la Banque centrale. Dans certaines circonstances, le Fonds utilisera des instruments financiers dérivés comme levier. Le Fonds est autorisé à des fins d’investissement à investir jusqu’à 100 % de sa valeur liquidative dans des instruments financiers dérivés. Lorsque le risque de marché du Fonds est mesuré à l’aide de l’approche de la valeur à risque (« VaR »), l’effet de levier du Fonds est calculé à partir de la somme des montants notionnels des produits dérivés détenus par le Fonds ; les détails relatifs à l’effet de levier sont présentés dans les présentes dans les politiques d’investissement du Fonds. Toutefois, les Actionnaires doivent noter que, compte tenu de la nature des instruments dérivés et du fait que ces instruments peuvent être négociés à la marge, un relativement faible mouvement défavorable du cours du sous-jacent d’un instrument dérivé donné peut entraîner des mouvements immédiats et importants de l’exposition du Fonds à cet instrument dérivé. Si les limites d’exposition liées à un instrument dérivé devaient être supérieures pour des raisons échappant au contrôle du Fonds, celui-ci aura pour priorité de remédier à cette situation en tenant compte des intérêts de ses Actionnaires.

### UTILISATION DE MESURES DÉFENSIVES TEMPORAIRES
Dans certaines circonstances, à titre temporaire et exceptionnel, lorsque le Conseiller en Investissement ou le Conseiller en Investissement par Délégation concerné estime qu’il en va de l’intérêt des Actionnaires, le Fonds pourra effectuer quelques entorses à ses politiques d’investissement telles qu’elles figurent ci-dessus. Pour de plus amples informations, se référer à la section « Utilisation de mesures défensives temporaires » du Prospectus.

### PROFIL DE L’INVESTISSEUR TYPE

### Le Fonds s’adresse à une grande diversité d’investisseurs, qui recherchent l’accès à un portefeuille géré dans le respect d’un objectif et d’une politique d’investissement spécifiques.
L’investisseur potentiel doit choisir la Catégorie qui correspond le mieux à ses besoins. En sélectionnant une Catégorie, les investisseurs potentiels doivent prendre en considération les éléments suivants :
- le montant qu’ils prévoient d’investir ;
- la durée de détention prévue des Actions ;
- les frais payés au titre de chaque Catégorie ;
- l’admissibilité des Actionnaires au bénéfice d’une renonciation ou d’un abandon des droits d’entrée ;
- la devise de la catégorie d’actions.


### LIMITES D'INVESTISSEMENTS

### Chacun des investissements du Fonds sera limité aux investissements autorisés par le Règlement sur les OPCVM et d'autres limites applicables stipulées à l'Annexe 4 du Prospectus.

### UTILISATION D’INSTRUMENTS ET DE TECHNIQUES D’INVESTISSEMENT ET D’INSTRUMENTS FINANCIERS DÉRIVÉS
Sous réserve de la capacité du Fonds à investir jusqu'à 100 % de sa valeur liquidative dans des instruments financiers dérivés à des fins d'investissement, comme indiqué à la section « Objectif et Politiques d’investissement » ci-dessus, le Conseillers en Investissement par Délégation peut seulement employer des instruments et des techniques d’investissement tels que des contrats à terme normalisés, des options, des swaps et autres instruments financiers dérivés pour une gestion efficace du portefeuille (à savoir une réduction des risques, une réduction des coûts et la génération de capital ou de revenu supplémentaire pour le Fonds) et le Conseiller en Investissement par Délégation est tenu de se conformer aux conditions et restrictions stipulées périodiquement par la Banque centrale. De plus amples informations figurent aux sections

### « Utilisation d'instruments et de techniques d'investissement et d'instruments financiers dérivés » et « Types et description d'instruments financiers dérivés » du Prospectus.
Le Fonds adoptera l’approche de la VaR pour calculer l'exposition globale. La méthode de la VaR sera utilisée par le Fonds afin d’aider à évaluer et à contrôler de façon qualitative les risques auxquels le Fonds est exposé.

### RÈGLEMENT SUR LES OPÉRATIONS DE FINANCEMENT SUR TITRES
Comme décrit plus particulièrement dans la section « Réglementation des opérations de financement sur titres » du Prospectus, sous réserve des limites d’investissement indiquées en Annexe 4 du Prospectus, ainsi que des limites d’investissement définies à la section « Objectif et politiques d’investissement » du Supplément : (a) en ce qui concerne les investissements autorisés dans les swaps sur rendement total, le Fonds peut investir au maximum 100 % de sa Valeur liquidative ; et (b) le Fonds peut investir au maximum 100 % de sa Valeur liquidative dans des Opérations de financement sur titres. Sous réserve des limites susmentionnées, le Fonds devrait en général investir entre 0 et 20 % de sa Valeur liquidative dans des swaps sur rendement total et des Opérations de financement sur titres.

### FACTEURS DE RISQUE ET CONSIDÉRATIONS PARTICULIÈRES
L’attention des investisseurs est attirée sur les facteurs de risque et autres considérations particulières qui sont décrits dans le Prospectus à la section intitulée « Facteurs de risque et considérations particulières » et qui peuvent affecter le Fonds. Cette liste de facteurs de risque liés aux investissements dans le Fonds n’est pas exhaustive, et l’attention de l’investisseur est attirée sur la description des instruments financiers qui apparaît à la section « Objectif et politiques d’investissement ».

### POLITIQUE DE DISTRIBUTION
Telles que décrites plus particulièrement dans le Prospectus à la section « Les Actions » et dans le Supplément à la section intitulée « Catégories d'Actions », les Catégories d’Actions de Distribution peuvent différer en termes de fréquence de distribution. Les Catégories d’Actions de Distribution peuvent effectuer des distributions de façon mensuelle, trimestrielle, semestrielle ou annuelle, tel que déterminé moment du lancement de la Catégorie d’Actions concernée. La fréquence de distribution des Catégories d’Actions est indiquée dans le tableau ci-dessous :
| Fréquence de distribution | Dates de déclaration de distribution |
| --- | --- |
| Catégories d’Actions de capitalisation |
| Sans objet | Sans objet |
| Catégories d’Actions de Distribution |
| Mensuelle | Mensuelle, en principe le 15 de chaque mois à moins que ce jour ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |


### HEURES LIMITES DE NÉGOCIATION ET HEURES DE RÈGLEMENT
Les ordres de souscription d’Actions reçus et acceptés par ou au nom de l’Agent de transfert ou la Société et/ou le Gestionnaire avant l’Heure Limite de Négociation au cours d’un Jour Ouvré repris dans les tableaux ci-dessous seront traités au prix de l’offre déterminé ce Jour Ouvré. Les ordres de souscription d’Actions reçus par ou au nom de l’Agent de transfert ou de la Société et/ou du Gestionnaire après l’Heure Limite de Négociation un Jour Ouvré seront traités au prix de l’offre déterminé le Jour Ouvré suivant. Si le paiement des ordres de souscription n’est pas reçu à l’Heure de Règlement correspondante, une souscription peut être annulée ou l’Actionnaire peut être amené à payer des intérêts sur les montants de souscription non soldés

### aux taux normaux en vigueur. Dans ce cas, l’Agent de Distribution ou l’Actionnaire peut être tenu responsable de toute perte subie par le Fonds.
Le traitement des ordres de rachat est assujetti à la réception et l’acceptation par ou au nom de l’Agent de transfert, la Société et/ou le Gestionnaire d’un ordre de rachat valable. Sous réserve des dispositions de la section « Limites de rachat » dans le Prospectus, les ordres de rachat reçus et acceptés par ou au nom de l’Agent de transfert ou par la Société ou par le Gestionnaire avant l’Heure Limite de Négociation un Jour Ouvré seront traités à la valeur liquidative par Action déterminée ce Jour Ouvré.
| Souscription | Heure Limite de Négociation | Heure de Règlement |
| --- | --- | --- |
| Souscriptions (autres que les Actions de Catégorie Z) | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |
| Souscriptions effectuées directement auprès de l’Agent de Transfert par des Investisseurs Institutionnels Éligibles/Actions de Catégorie Z | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | 15h30, heure de Londres J |
| Rachat | Heure Limite de Négociation | Heure de Règlement |
| Tous les Rachats | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |


### LE CONSEILLER EN INVESTISSEMENT PAR DÉLÉGATION
Le Gestionnaire a désigné JCIL en tant que conseiller en investissement de la Société. À la date du présent Supplément, JCIL a délégué à JCM la responsabilité de fournir des services discrétionnaires de conseil et de gestion de portefeuille, concernant tout ou partie des actifs du Fonds.

### CHARGES ET COMMISSIONS
Les charges et commissions auxquelles est soumis tout investissement dans un Fonds (comprenant les droits d’entrée, les droits de sortie conditionnels différés (CDSC), l’ajustement de la dilution, une commission de gestion et une commission de distribution) sont décrits en détail dans le Prospectus à la section « Charges et Commissions », dont un résume figure ci-dessous. Les Charges et Commissions sur les Catégories d’Actions de capital peuvent imputer certaines commissions et charges sur le capital plutôt que sur les revenus.
| Type de commission | Actions de Catégorie A | Actions de Catégorie B | Actions de Catégorie E | Actions de Catégorie G | Actions de Catégorie H | Actions de Catégorie I | Actions de Catégorie S | Actions de Catégorie V | Actions de Catégorie Z |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Droit d'entrée | Jusqu'à 5,00 % du montant souscrit | S/O | Jusqu'à 3,00 % du montant souscrit | S/O | S/O | Jusqu'à 2,00 % du montant souscrit | Jusqu'à 2,00 % du montant souscrit | S/O | S/O |
| CDSC Moins d'un an depuis l’achat - à 2 ans
- à 3 ans
- à 4 ans Plus de 4 ansdepuis l’achat
 | S/O | 4 % 3 % 2 % 1 % 0 % | S/O | S/O | S/O | S/O | S/O | 3 % 2 % 1 % 0 % - | S/O |
| Commissions de services aux Actionnaires | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 1,25 % de la valeur liquidative | S/O | S/O | S/O | S/O | Jusqu'à 0,75 % de la valeur liquidative | S/O |
| Commission de distribution | S/O | Jusqu'à 1,00 % de la valeur liquidative | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Commission de gestion d’investissem ent | Jusqu'à 1,25 % de la valeur liquidative | Jusqu'à 1,25 % de la valeur liquidative | Jusqu'à 1,25 % de la valeur liquidative | Jusqu'à 0,90 % de la valeur liquidative | Jusqu'à 0,90 % de la valeur liquidative | Jusqu'à 1,10 % de la valeur liquidative | Jusqu'à 1,10 % de la valeur liquidative | Jusqu'à 1,25 % de la valeur liquidative | Voir Prospectus |
| Commission de performance | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Charges et Commissions | 2,25 % de la valeur liquidative | S/O | 3,00 % de la valeur liquidative | 1,15 % de la valeur liquidative | 1,15 % de la valeur liquidative | 1,35 % de la valeur liquidative | 1,15 % de la valeur liquidative | 2,75 % de la valeur liquidative | Voir Prospectus |


### AJUSTEMENT DE DILUTION
Un ajustement de dilution peut être appliqué à la Valeur liquidative par Action du Fonds au cours d’un jour de négociation (i) si les souscriptions ou rachats nets dépassent le seuil déterminé à l’avance relatif à la Valeur liquidative du Fonds (lorsqu’un tel seuil est ponctuellement déterminé à l’avance pour le Fonds par le Gestionnaire) ou (ii) dans tout autre cas impliquant des souscriptions ou des rachats nets dans le Fonds, si le Gestionnaire ou ses délégués estiment raisonnablement que l’imposition d’un ajustement de dilution s’inscrira dans l’intérêt des Actionnaires existants.

### CATÉGORIES D’ACTIONS
Comme décrit plus particulièrement dans la section « Les Actions » du Prospectus, la Société propose 11 Catégories d’Actions avec diverses politiques de distribution, fréquences de distribution, politiques de couverture et devises dans chaque Catégorie. Le nouveau nom de chaque Catégorie d’Actions offertes par la Société permet aux Actionnaires d’identifier la politique de distribution, la fréquence de distribution, la politique de couverture et la devise d’une Catégorie en fonction de sous-classifications. Le tableau ci-dessous apporte des précisions sur les Catégories d’Actions du Fonds approuvées par la Banque Centrale, ainsi que sur les Catégories disponibles à l’achat à la date du présent Supplément.
Si, pour une catégorie d’actions donnée d’un fonds donné, aucune émission n’avait préalablement été faite ou s’il est procédé à une réémission, une souscription initiale sera alors possible : (i) à la/aux date(s) devant être déterminée(s) par le Gestionnaire et communiquée(s) à l’avance à la Banque centrale et (ii) le prix de l’offre initiale et le prix de réémission stipulés dans le Prospectus à la section intitulée « Offres initiales de catégories d’actions ». Dans le cas d’un Fonds au titre duquel une ou plusieurs Catégories d’Actions sont déjà
émises, le prix de l’offre initiale par Action pour toute Catégorie d’Actions supplémentaire émise en rapport avec ledit Fonds pourra correspondre à la valeur liquidative par Action desdites autres Catégories d’Actions du Fonds concerné tel que fixé par le Gestionnaire et communiqué à l’avance à la Banque Centrale, ainsi qu’aux Actionnaires potentiels.
| CATÉGORIES D’ACTIONS approuvées par la Banque Centrale à la date du présent Supplément |
| --- |
| Catégories libellées en Dollars américains | Catégories libellées en Euros | Catégories libellées en Livres sterling | Catégories libellées en Dollars de Hong Kong | Catégories libellées en Dollars australiens | Catégories libellées en Francs suisses | Catégories libellées en Dollars canadiens | Catégories libellées en Renminbi (CNH) | Catégories libellées en Couronnes suédoises | Catégories libellées en Dollars néo- zélandais | Catégories libellées en Dollars de Singapour |
| A2 USD B2 USD E2 USD I2 USD S2 USD H2 USD V2 USD Z2 USD | A2 HEUR B2 HEUR E2 HEUR I2 HEUR S2 HEUR H2 HEUR V2 HEUR Z2 EUR | I2 HG I2 GBP S2 HGBP H2 HGBP H2 GBP Z2 GBP Z2 HGBP | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF Z2 CHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD |


### Supplément concernant le Fonds

### Janus Henderson Global Real Estate Equity Income Fund

### Le présent Supplément est établi en date du 30 juin 2021.

### Le présent Supplément contient des informations spécifiques au fonds Janus Henderson Global Real Estate Equity Income Fund (le « Fonds »), un compartiment de Janus Henderson Capital Funds plc (la
« Société »). La Société est un OPCVM établi sous la forme d’une société d’investissement à capital variable avec séparation des passifs entre les Fonds, constituée en Irlande et régie par la Banque centrale.
Ce Supplément fait partie intégrante du dernier Prospectus et doit être lu conjointement avec celui-ci. Le Prospectus peut être révisé ou complété de temps à autre. Les termes commençant par une majuscule utilisés dans le présent Supplément, qui n'ont pas été définis dans les présentes, ont la même signification que dans le Prospectus.

### RÉSUMÉ

### Les informations reprises sous ce titre constituent un résumé des principales caractéristiques du Fonds et doivent être lues conjointement avec le texte complet du Supplément.
| Catégories d’Actions | Des précisions sur les Catégories d’Actions sont présentées ci-dessous à la section intitulée « Catégories d’Actions ». |
| --- | --- |
| L’attention des investisseurs est attirée sur le fait qu’à la date du présent Supplément, seules certaines Catégories d’Actions du Fonds sont actuellement ouvertes à la souscription. En outre, toutes les Catégories d’Actions ne sont pas disponibles dans toutes les juridictions. Les investisseurs sont priés de se mettre en rapport avec l’Agent de Distribution pour obtenir la liste des Catégories d’Actions à leur disposition. |
| Fréquence des souscriptions, rachats et échanges | Sauf indication contraire des Administrateurs et/ou du Gestionnaire, les souscriptions, les rachats et les échanges d’Actions peuvent être effectués tout Jour Ouvré en suivant les procédures décrites dans les sections du Prospectus intitulées « Comment acheter des Actions », « Comment obtenir le rachat d’Actions » et « Comment échanger ou céder des Actions ». |
| Souscriptions minimales | Les souscriptions initiales et ultérieures minimales applicables à chaque Catégorie au sein du Fonds sont spécifiées dans la section du Prospectus intitulée « Comment acheter des Actions ». |
| Adaptation des Catégories | L’adaptation des Catégories et l’éligibilité des investisseurs pour des Catégories particulières sont décrites à la section intitulée « Les Actions » du Prospectus. |
| Devise de base | Dollar US |


### OBJECTIF ET POLITIQUES D’INVESTISSEMENT

### L’objectif d’investissement du Fonds est de générer un niveau de revenu positif et de viser une croissance du capital à long terme (5 ans ou plus).

### Objectif de performance : Générer un rendement en dividendes supérieur à celui de l’indice FTSE EPRA Nareit Global REIT, avant déduction des frais, sur une base annuelle.
Le Fonds poursuit cet objectif en investissant au moins 80 % de sa valeur liquidative dans des actions (également appelées parts de société) de sociétés exerçant essentiellement leurs activités dans le secteur
immobilier ou liés à celui-ci, ou encore qui détiennent des actifs immobiliers importants. Cela peut inclure des investissements dans des sociétés impliquées dans le secteur du développement immobilier, y compris les REIT et des sociétés dont les activités, actifs, produits ou services sont liés au secteur immobilier. Le Fonds peut investir dans des sociétés de toutes les tailles (y compris des actions de petites capitalisations), situées partout dans le monde (y compris dans les Marchés émergents).
Le montant total du Fonds qui peut être investi dans des titres négociés sur les Marchés en développement est de 30 % de la valeur liquidative du Fonds et un maximum de 20 % de la valeur liquidative du Fonds peut être investi dans des titres négociés sur l’un quelconque des Marchés en développement. Le Fonds peut investir dans des titres de capital ou utiliser des techniques et instruments d’investissement qui sont exposés au marché chinois. Le Fonds peut investir également dans certaines Actions « A » chinoises admissibles et être exposé directement à celles-ci par le biais du programme Shanghai-Hong Kong Stock Connect et du Shenzhen-Hong Kong Stock Connect. Veuillez vous reporter à la section « Facteurs de risque et considérations particulières » du Prospectus pour obtenir une description de certains risques d’investissement associés spécifiquement aux investissements en Chine et par le biais du Shanghai-Hong Kong Stock Connect et du Shenzhen-Hong Kong Stock Connect. En raison de son exposition aux Marchés en développement, un investissement dans le Fonds ne doit pas représenter une part substantielle des investissements d’un portefeuille d’investissement et peut ne pas convenir à tous les investisseurs.
Le Fonds est géré activement en fonction de l’indice FTSE EPRA Nareit Global REIT, qui est largement représentatif des sociétés dans lesquelles il peut investir et sur la base duquel l’objectif de performance du Fonds est défini. Le Conseiller en Investissement par Délégation a le pouvoir discrétionnaire de choisir des investissements pour le Fonds avec des pondérations différentes de l’indice ou n’y figurant pas, même si le Fonds peut parfois détenir des investissements similaires à l’indice. Les détails de la performance du Fonds sont disponibles dans les rapports annuels et semestriels, les documents de commercialisation et dans le DICI. Rien ne garantit que la performance du Fonds sera égale ou supérieure à cet indice de référence.
Les REIT sont des véhicules collectifs d’investissement qui investissent dans des biens immobiliers générant des revenus, dans des prêts immobiliers ou dans des participations. Les REIT se divisent généralement entre REIT de capital, REIT hypothécaires ou une combinaison associant REIT de capital et hypothécaires. Les REIT de capital investissent leurs actifs directement dans des biens immobiliers et tirent leur revenu principal de la collecte de loyers. Les REIT de capital peuvent également réaliser des plus-values en cédant des biens dont la valeur a augmenté. Les REIT hypothécaires investissent leurs actifs dans des hypothèques immobilières et tirent leur revenu des intérêts versés.
Le pourcentage de l’actif du Fonds investi en actions et dans d’autres sociétés immobilières variera. Selon les conditions de marché analysées par le Conseiller en Investissement par Délégation, ce Fonds peut investir dans des titres à court terme portant intérêt et bénéficiant d’une notation de Premier Ordre, tels que des Titres d’État ou des Titres de Créance et/ou des Titres Indexés/Structurés. Le Fonds peut aussi investir dans d’autres types de valeurs, dont des actions de préférence, des Titres d’État, des Titres de Créance, des warrants et des titres convertibles en actions, quand le Conseiller en Investissement par Délégation perçoit une opportunité de rendement supplémentaire de ces titres. Le Fonds peut utiliser, à concurrence de 10 % de sa valeur liquidative, des techniques et instruments d’investissement tels que des contrats à terme normalisés, des options, des swaps et d’autres instruments financiers dérivés à des fins d’investissement, sous réserve des conditions et limites stipulées ponctuellement par la Banque Centrale.
Le Fonds peut investir, directement ou indirectement (à savoir par l’intermédiaire de certificats américains d’actions étrangères, de certificats européens d’actions étrangères et de certificats internationaux d’actions étrangères) sur les marchés concernés.

### L’obtention de revenus est un critère d’investissement important pour le Fonds.
Le Fonds pourra investir jusqu’à concurrence de 5 % de sa valeur liquidative dans des titres d’autres Organismes de placement collectif admissibles. Un tel investissement englobe la possibilité d’investir dans d’autres Fonds. Cependant, le Fonds ne peut pas investir dans un autre Fonds détenant lui-même des Actions d’un autre Fonds. Lorsqu'il investit dans un autre Fonds, le Fonds ne peut pas prélever une commission annuelle de gestion de portefeuille et/ou de gestion administrative pour ce qui concerne la fraction de ses actifs qui sont investis dans l'autre Fonds.
Les Conseillers en Investissement par Délégation adoptent généralement une approche ascendante envers la constitution de portefeuilles. En d’autres termes, ils veulent identifier les sociétés robustes dotées d’avantages concurrentiels durables qui améliorent leurs retours sur le capital. Communément appelé la sélection de titres ou l’investissement ascendant, les portefeuilles de fonds d’investissement axés sur les caractéristiques fondamentales sont constitués un titre à la fois, après des recherches internes intensives à l’égard de chaque société. Cette approche se fonde sur la conviction que certaines sociétés ont des forces inhérentes en matière de création de valeur pour les actionnaires au fil du temps, ont de meilleures perspectives que leurs homologues et devraient donc surclasser l’industrie, même dans des industries ou des circonstances économiques difficiles. L’objectif d’une approche d’investissement fondamentale est d’identifier et d’investir dans de telles sociétés.
Pour sélectionner les investissements du Fonds, le Conseiller en investissement par délégation utilise une approche de la valeur fondée sur la recherche exclusive pour sélectionner les sociétés qui, selon lui, enregistreront des performances supérieures sur le long terme. L’approche fondée sur la recherche adoptée par le Conseiller en investissement par délégation rassemble des informations provenant de diverses sources, notamment des réunions de la direction de la société, des visites sur site, de l’analyse des états financiers et des données de recherche de tiers, afin de classer les sociétés en fonction de paramètres quantitatifs et qualitatifs, tels que : (i) la qualité des actifs (pour évaluer l’âge, la localisation, la qualité et l’adéquation du portefeuille d’actifs sous-jacents) ; (ii) le sens de la gestion (pour évaluer la gestion de la société, les principaux dirigeants et la stratégie commerciale globale) ; (iii) la liquidité (pour exclure les sociétés dont la liquidité est faible, laquelle est déterminée par référence aux volumes de transactions) ; et (iv) la solidité du bilan et la croissance (pour évaluer les risques financiers applicables à une société, tels que la dette nette, l’effet de levier, le caractère approprié du financement et l’accès aux marchés de la dette). Ces paramètres sont utilisés pour calculer un score qui est appliqué à la valeur des actifs d’une entreprise en attribuant une pondération à chaque paramètre. La pondération attribuée à un paramètre donné peut varier en fonction des conditions du marché et des régions. Les paramètres sont ensuite combinés aux estimations de dividendes, ce qui permet d’obtenir une évaluation du rendement total. Un filtrage sur base du rendement de dividende est superposé à cette évaluation du rendement total et le Conseiller en investissement par délégation élabore un portefeuille de sociétés dont l’évaluation du rendement total et le rendement des dividendes sont supérieurs à la moyenne.
Le Fonds peut investir en instruments financiers dérivés à des fins de gestion efficace du portefeuille. Les investissements du Fonds en instruments dérivés seront soumis aux limites stipulées dans la politique d’investissement du Fonds ainsi qu’aux conditions et limites éventuellement stipulées par la Banque centrale. Dans certaines circonstances, le Fonds utilisera des instruments financiers dérivés comme levier. Le Fonds est autorisé à des fins d’investissement à investir jusqu’à 10 % de sa valeur liquidative dans des instruments financiers dérivés. Le montant maximal d’effet de levier (lorsqu’il est calculé en utilisant l’approche d’engagement) que le Fonds peut créer grâce à l’utilisation d’instruments financiers dérivés est de 100 % de la valeur liquidative du Fonds. Les Actionnaires doivent noter que, compte tenu de la nature des instruments dérivés et du fait que ces instruments peuvent être négociés à la marge, un relativement faible mouvement défavorable du cours du sous-jacent d’un instrument dérivé donné peut entraîner des mouvements immédiats et importants de l’exposition du Fonds à cet instrument dérivé. Si les limites d’exposition liées à un instrument dérivé devaient être supérieures pour des raisons échappant au contrôle du Fonds, celui-ci aura pour priorité de remédier à cette situation en tenant compte des intérêts de ses Actionnaires.

### RÈGLEMENT EUROPÉEN SUR LES INDICES DE RÉFÉRENCE
À la date de publication du Supplément, FTSE International Limited (en qualité d’administrateur de l’indice FTSE EPRA Nareit Global REIT) figure dans le registre tenu par l’AEMF en vertu du Règlement concernant les indices utilisés comme indices de référence.

### UTILISATION DE MESURES DÉFENSIVES TEMPORAIRES
Dans certaines circonstances, à titre temporaire et exceptionnel, lorsque le Conseiller en Investissement ou le Conseiller en Investissement par Délégation concerné estime qu’il en va de l’intérêt des Actionnaires, le Fonds pourra effectuer quelques entorses à ses politiques d’investissement telles qu’elles figurent ci-dessus. Pour de plus amples informations, se référer à la section « Utilisation de mesures défensives temporaires » du Prospectus.

### PROFIL DE L’INVESTISSEUR TYPE

### Le Fonds s’adresse à une grande diversité d’investisseurs, qui recherchent l’accès à un portefeuille géré dans le respect d’un objectif et d’une politique d’investissement spécifiques.
L’investisseur potentiel doit choisir la Catégorie qui correspond le mieux à ses besoins. En sélectionnant une Catégorie, les investisseurs potentiels doivent prendre en considération les éléments suivants :
- le montant qu’ils prévoient d’investir ;
- la durée de détention prévue des Actions ;
- les frais payés au titre de chaque Catégorie ;
- l’admissibilité des Actionnaires au bénéfice d’une renonciation ou d’un abandon des droits d’entrée ;
- la devise de la catégorie d’actions.


### LIMITES D’INVESTISSEMENTS

### Chacun des investissements du Fonds sera limité aux investissements autorisés par le Règlement sur les OPCVM et d’autres limites applicables stipulées à l’Annexe 4 du Prospectus.

### UTILISATION D’INSTRUMENTS ET DE TECHNIQUES D’INVESTISSEMENT ET D’INSTRUMENTS FINANCIERS DÉRIVÉS
Sous réserve de la capacité du Fonds à investir jusqu'à 10 % de sa valeur liquidative dans des instruments financiers dérivés à des fins d'investissement, comme indiqué à la section « Objectif et Politiques d’investissement » ci-dessus, le Conseillers en Investissement par Délégation peut seulement employer des instruments et des techniques d’investissement tels que des contrats à terme normalisés, des options, des swaps et autres instruments financiers dérivés pour une gestion efficace du portefeuille (à savoir une réduction des risques, une réduction des coûts et la génération de capital ou de revenu supplémentaire pour le Fonds) et le Conseiller en Investissement par Délégation est tenu de se conformer aux conditions et restrictions stipulées périodiquement par la Banque centrale.  De plus amples informations figurent aux sections

### « Utilisation d’instruments et de techniques d’investissement et d’instruments financiers dérivés » et « Types et description d’instruments financiers dérivés » du Prospectus.

### La méthode de calcul de l’exposition globale du Fonds est l’approche par les engagements.

### RÈGLEMENT SUR LES OPÉRATIONS DE FINANCEMENT SUR TITRES
Comme décrit plus particulièrement dans la section « Réglementation des opérations de financement de titres » du Prospectus, sous réserve des limites d’investissement indiquées en Annexe 4 du Prospectus, ainsi que des limites d’investissement définies à la section « Objectif et politiques d’investissement » du Supplément : (a) en ce qui concerne les investissements autorisés dans les swaps sur rendement total, le Fonds peut investir 10 % de sa Valeur liquidative ; et (b) le Fonds peut investir au maximum 100 % de sa Valeur liquidative dans des Opérations de financement sur titres. Sous réserve des limites susmentionnées, le Fonds devrait en général investir entre 0 et 20 % de sa Valeur liquidative dans des swaps sur rendement total et des Opérations de financement sur titres.

### FACTEURS DE RISQUE ET CONSIDÉRATIONS PARTICULIÈRES
L’attention des investisseurs est attirée sur les facteurs de risque et autres considérations particulières qui sont décrits dans le Prospectus à la section intitulée « Facteurs de risque et considérations particulières » et qui peuvent affecter le Fonds. Cette liste de facteurs de risque liés aux investissements dans le Fonds n’est pas exhaustive, et l’attention de l’investisseur est attirée sur la description des instruments financiers qui apparaît à la section « Objectifs et politiques d’investissement » ci-dessus.

### POLITIQUE DE DISTRIBUTION
Telles que décrites plus particulièrement dans le Prospectus à la section « Les Actions » et dans le Supplément à la section intitulée « Catégories d’Actions », les Catégories d’Actions de Distribution peuvent différer en termes de fréquence de distribution. Les Catégories d’Actions de Distribution peuvent effectuer des
distributions de façon mensuelle, trimestrielle, semestrielle ou annuelle, tel que déterminé moment du lancement de la Catégorie d’Actions concernée. La fréquence de distribution des Catégories d’Actions est indiquée dans le tableau ci-dessous :
| Fréquence de distribution | Dates de déclaration de distribution |
| --- | --- |
| Catégories d’Actions de capitalisation |
| Sans objet | Sans objet |
| Catégories d’Actions de Distribution |
| Mensuelle | Mensuelle, en principe le 15 de chaque mois à moins que ce jour ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Trimestrielle | Trimestrielle, en principe le 15 février, 15 mai, 15 août et 15 novembre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution aura lieu le dernier Jour Ouvré qui précède les dates mentionnées. |
| Semestrielle | Semestrielle, en principe le 15 mai et le 15 novembre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Annuelle | Annuelle, en principe le 15 mai à moins qu’il ne s’agisse pas d’un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède la date mentionnée. |


### HEURES LIMITES DE NÉGOCIATION ET HEURES DE RÈGLEMENT
Les ordres de souscription d’Actions reçus et acceptés par ou au nom de l’Agent de transfert ou la Société et/ou le Gestionnaire avant l’Heure Limite de Négociation au cours d’un Jour Ouvré repris dans les tableaux ci-dessous seront traités au prix de l’offre déterminé ce Jour Ouvré. Les ordres de souscription d’Actions reçus par ou au nom de l’Agent de transfert ou de la Société et/ou du Gestionnaire après l’Heure Limite de Négociation un Jour Ouvré seront traités au prix de l’offre déterminé le Jour Ouvré suivant. Si le paiement des ordres de souscription n’est pas reçu à l’Heure de Règlement correspondante, une souscription peut être annulée ou l’Actionnaire peut être amené à payer des intérêts sur les montants de souscription non soldés aux taux normaux en vigueur. Dans ce cas, l’Agent de Distribution ou l’Actionnaire peut être tenu responsable de toute perte subie par le Fonds.
Le traitement des ordres de rachat est assujetti à la réception et l’acceptation par ou au nom de l’Agent de transfert, la Société et/ou le Gestionnaire d’un ordre de rachat valable. Sous réserve des dispositions de la section « Limites de rachat » dans le Prospectus, les ordres de rachat reçus et acceptés par ou au nom de l’Agent de transfert ou par la Société ou par le Gestionnaire avant l’Heure Limite de Négociation un Jour Ouvré seront traités à la valeur liquidative par Action déterminée ce Jour Ouvré.
| Souscription | Heure	Limite	de Négociation | Heure	de Règlement |
| --- | --- | --- |
| Souscriptions (autres que les Actions de Catégorie Z) | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |
| – Souscriptions effectuées directement auprès de l’Agent Administratif par des Investisseurs Institutionnels Éligibles/Actions de Catégorie Z | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | 15h30, heure de Londres J |
| Rachat | Heure Limite de Négociation | Heure	de Règlement |
| Tous les Rachats | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |


### LE CONSEILLER EN INVESTISSEMENT PAR DÉLÉGATION
Le Gestionnaire a désigné JCIL en tant que conseiller en investissement de la Société. À la date du présent Supplément, JCIL a délégué à JCM la responsabilité de fournir des services discrétionnaires de conseil et de gestion de portefeuille, concernant tout ou partie des actifs du Fonds. À la date du présent Supplément, JCIL a également délégué à HGIL la responsabilité de fournir des services discrétionnaires de conseil et de gestion de portefeuille, concernant tout ou partie des actifs du Fonds. À la date du présent Supplément, JCIL a également délégué à JHISL la responsabilité de fournir des services discrétionnaires de conseil et de gestion de portefeuille, concernant tout ou partie des actifs du Fonds.

### CHARGES ET COMMISSIONS
Les charges et commissions auxquelles est soumis tout investissement dans un Fonds (comprenant les droits d’entrée, les droits de sortie conditionnels différés (CDSC), l’ajustement de la dilution, une commission de gestion et une commission de distribution) sont décrits en détail dans le Prospectus à la section « Charges et Commissions », dont un résume figure ci-dessous. Les Charges et Commissions sur les Catégories d’Actions de capital peuvent imputer certaines commissions et charges sur le capital plutôt que sur les revenus.
| Type de commission | Actions de Catégorie A | Actions de Catégorie B | Actions de Catégorie E | Actions de Catégorie G | Actions de Catégorie H | Actions de Catégorie I | Actions de Catégorie S | Actions de Catégorie V | Actions de Catégorie Z |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Commission de Souscription initiale | Jusqu’à 5,00 % du montant souscrit | S/O | Jusqu’à 1,00 % du montant souscrit | S/O | S/O | Jusqu'à 2,00 % du montant souscrit | Jusqu'à 2,00 % du montant souscrit | S/O | S/O |
| CDSC Moins d’un an depuis l’achat - à 2 ans
- à 3 ans
- à 4 ans Plus de 4 ansdepuis l’achat
 | S/O | 4 % 3 % 2 % 1 % 0 % | S/O | S/O | S/O | S/O | S/O | 3 % 2 % 1 % 0 % - | S/O |
| Commissions de services aux Actionnaires | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 1,25 % de la valeur liquidative | S/O | S/O | S/O | S/O | Jusqu’à 0,75 % de la valeur liquidative | S/O |
| Commissions de distribution | S/O | Jusqu’à 1,00 % de la valeur liquidative | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Commission de gestion d’investissement | Jusqu'à 1,25 % de la valeur liquidative | Jusqu'à 1,25 % de la valeur liquidative | Jusqu'à 1,25 % de la valeur liquidative | Jusqu'à 0,80 % de la valeur liquidative | Jusqu'à 0,80 % de la valeur liquidative | Jusqu'à 1,00 % de la valeur liquidative | Jusqu'à 1,00 % de la valeur liquidative | Jusqu'à 1,25 % de la valeur liquidative | Voir Prospectus |
| Commission de performance | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Charges et Commissions | 2,50 % de la valeur liquidative | 3,50 % de la valeur liquidative | 3,00 % de la valeur liquidative | 1,05 % de la valeur liquidative | 1,05 % de la valeur liquidative | 1,25 % de la valeur liquidative | 1,05 % de la valeur liquidative | 2,75 % de la valeur liquidative | Voir Prospectus |


### AJUSTEMENT DE DILUTION
Un ajustement de dilution peut être appliqué à la Valeur liquidative par Action du Fonds au cours d’un jour de négociation (i) si les souscriptions ou rachats nets dépassent le seuil déterminé à l’avance relatif à la Valeur liquidative du Fonds (lorsqu’un tel seuil est ponctuellement déterminé à l’avance pour le Fonds par le Gestionnaire) ou (ii) dans tout autre cas impliquant des souscriptions ou des rachats nets dans le Fonds, si le Gestionnaire ou ses délégués estiment raisonnablement que l’imposition d’un ajustement de dilution s’inscrira dans l’intérêt des Actionnaires existants.

### CATÉGORIES D’ACTIONS
Comme décrit plus particulièrement dans la section « Les Actions » du Prospectus, la Société propose 11 Catégories d’Actions avec diverses politiques de distribution, fréquences de distribution, politiques de couverture et devises dans chaque Catégorie. Le nouveau nom de chaque Catégorie d’Actions offertes par la Société permet aux Actionnaires d’identifier la politique de distribution, la fréquence de distribution, la politique de couverture et la devise d’une Catégorie en fonction de sous-classifications. Le tableau ci-dessous apporte des précisions sur les Catégories d’Actions du Fonds approuvées par la Banque Centrale, ainsi que sur les Catégories disponibles à l’achat à la date du présent Supplément.
Si, pour une catégorie d’actions donnée d’un fonds donné, aucune émission n’avait préalablement été faite ou s’il est procédé à une réémission, une souscription initiale sera alors possible : (i) à la/aux date(s) devant être déterminée(s) par le Gestionnaire et communiquée(s) à l’avance à la Banque centrale et (ii) le prix de l’offre initiale et le prix de réémission stipulés dans le Prospectus à la section intitulée « Offres initiales de catégories d’actions ». Dans le cas d’un Fonds au titre duquel une ou plusieurs Catégories d’Actions sont déjà émises, le prix de l’offre initiale par Action pour toute Catégorie d’Actions supplémentaire émise en rapport avec ledit Fonds pourra correspondre à la valeur liquidative par Action desdites autres Catégories d’Actions

### du Fonds concerné tel que fixé par le Gestionnaire et communiqué à l’avance à la Banque Centrale, ainsi qu’aux Actionnaires potentiels.
| CATÉGORIES D’ACTIONS approuvées par la Banque Centrale à la date du présent Supplément |
| --- |
| Catégories libellées en Dollars américains | Catégories libellées en Euros | Catégories libellées en Livres sterling | Catégories libellées en Dollars de Hong Kong | Catégories libellées en Dollars australiens | Catégories libellées en Francs suisses | Catégories libellées en Dollars canadiens | Catégories libellées en Renminbi (CNH) | Catégories libellées en Couronnes suédoises | Catégories libellées en Dollars néo- zélandais | Catégories libellées en Dollars de Singapour |
| A2 USD B2 USD E2 USD I2 USD S2 USD H2 USD G2 USD V2 USD Z2 USD A3 q USD B1 q USD I1 q USD H1 q USD A3 USD A3s USD A3m USD A4q USD A4m USD A5m USD I1 USD I3 USD I3s USD I3q USD I3m USD I4q USD I4m USD I5m USD V5 USD | A2 HEUR B2 HEUR E2 HEUR I2 HEUR S2 HEUR H2 HEUR G2 HEUR V2 HEUR Z2 EUR E3q HEUR | I2 HGBP I2 GBP S2 HGBP H2 HGBP H2 GBP G2 GBP G2 HGBP Z2 GBP Z2 HGBP H1 q GBP H1 q HGBP | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD A3 HKD A3s HKD A3q HKD A3m HKD A4q HKD A4m HKD A5m HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF G2 HCHF Z2 CHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD A2 SGD A3q SGD A3m SGD A4m SGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD |


### Supplément concernant le Fonds

### Janus Henderson Absolute Return Income Fund

### Le présent Supplément est établi en date du 26 février 2021.
Le présent Supplément contient des informations spécifiques au fonds Janus Henderson Absolute Return Income Fund (le « Fonds »), un compartiment de Janus Henderson Capital Funds plc (la « Société »). La Société est un OPCVM établi sous la forme d’une société d’investissement à capital variable avec séparation des passifs entre les Fonds, constituée en Irlande et régie par la Banque centrale.
Ce Supplément fait partie intégrante du dernier Prospectus et doit être lu conjointement avec celui-ci. Le Prospectus peut être révisé ou complété de temps à autre. Les termes commençant par une majuscule utilisés dans le présent Supplément, qui n'ont pas été définis dans les présentes, ont la même signification que dans le Prospectus.

### RÉSUMÉ

### Les informations reprises sous ce titre constituent un résumé des principales caractéristiques du Fonds et doivent être lues conjointement avec le texte complet de ce Supplément.
| Catégories d’Actions | Des précisions sur les Catégories d'Actions sont présentées ci-dessous à la section intitulée « Catégories d’Actions ». |
| --- | --- |
| L’attention des investisseurs est attirée sur le fait qu’à la date du présent Supplément, seules certaines Catégories d’Actions du Fonds sont actuellement ouvertes à la souscription. En outre, toutes les Catégories d’Actions ne sont pas disponibles dans toutes les juridictions. Les investisseurs sont priés de se mettre en rapport avec l’Agent de Distribution pour obtenir la liste des Catégories d’Actions à leur disposition. |
| Fréquence des souscriptions, rachats et échanges | Sauf indication contraire des Administrateurs et/ou du Gestionnaire, les souscriptions, les rachats et les échanges d’Actions peuvent être effectués tout Jour Ouvré en suivant les procédures décrites dans les sections du Prospectus intitulées « Comment acheter des Actions », « Comment obtenir le rachat d’Actions » et « Comment échanger ou céder des Actions ». |
| Souscriptions minimales | Les souscriptions initiales et ultérieures minimales applicables à chaque Catégorie au sein du Fonds sont spécifiées dans la section du Prospectus intitulée « Comment acheter des Actions ». |
| Adaptation des Catégories | L’adaptation des Catégories et l’éligibilité des investisseurs pour des Catégories particulières sont décrites à la section intitulée « Les Actions » du Prospectus. |
| Devise de base | Dollar US |


### OBJECTIF ET POLITIQUES D’INVESTISSEMENT
L’objectif d’investissement de ce Fonds est d’obtenir un rendement positif et constant, supérieur à ce qu’il obtiendrait via des investissements similaires en espèces. Le Fonds cherche à générer des rendements positifs à long terme dans le cadre de différents contextes économiques (c.-à-d. les périodes d’expansion et de contraction cycliques typiques du cycle économique et les niveaux de taux d’intérêts croissants et décroissants qui en résultent en raison des forces du marché ou d’interventions des banques centrales). Il cherche à réaliser cet objectif en investissant au moins 80 % de sa valeur liquidative dans des Titres de créances situés partout dans le monde (y compris sur les Marchés en développement), bénéficiant d’une notation de Premier Ordre, ne bénéficiant pas d’une notation de Premier Ordre ou dans des titres de créance non notés de qualité similaire au niveau « below Investment Grade », tel que déterminés par le Conseiller en investissement ou le Conseiller en investissement par délégation, ou en investissant dans des instruments
financiers dérivés. Les placements typiques dans lesquels le Fonds a la possibilité d’investir comprennent, sans toutefois s’y limiter, les crédits aux entreprises, les Titres d’État, les titres garantis par des hypothèques, les titres garantis par des actifs, les titres des pays émergents et les titres à rendement élevé.
Le Fonds peut investir jusqu’à 15 % de sa valeur liquidative dans des Titres de créances ne bénéficiant pas d’une notation de Premier Ordre, mais il ne peut investir dans des Titres de créance dont la notation attribuée par Standard & Poor’s ou Fitch est inférieure à B-, ou inférieure à B3 selon Moody’s (cf. Annexe 3 du Prospectus) ou, s’ils ne sont pas notés, réputés de qualité comparable par le Conseiller en investissement ou le Conseiller en investissement par délégation. Les titres garantis par des hypothèques et par des actifs dans lesquels le Fonds peut investir ne contiendront pas de dérivés incorporés ou d’effet de levier. Les titres garantis par des hypothèques, des actifs et liés à un crédit dans lesquels le Fonds peut investir bénéficieront d’une notation de Premier Ordre ou, s’ils ne sont pas notés, jugés de qualité comparable par le Conseiller en Investissement ou le Conseiller en Investissement par Délégation. Au maximum 1 % de la valeur liquidative du Fonds peut être investi dans des titres subordonnés émis par le même émetteur. Le Fonds n’applique pas de critères prédéfinis en termes d’échéance, mais l’échéance moyenne pondérée de l’ensemble du portefeuille devrait être inférieure à cinq ans et sa duration peut être négative.

### Objectif de performance : Surperformer l’indice FTSE 3-Month US Treasury Bill d’au moins 2 % par an, avant déduction des frais, sur toute période de 5 ans.
Le Fonds est géré activement en fonction de l’indice FTSE 3-Month US Treasury Bill sur la base duquel l’objectif de performance du Fonds est défini. Le Conseiller en Investissement par Délégation dispose d’une grande liberté pour choisir des investissements individuels pour le Fonds. Les détails de la performance du Fonds sont disponibles dans les rapports annuels et semestriels, les documents de commercialisation et dans le DICI. Rien ne garantit que la performance du Fonds sera égale ou supérieure à cet indice de référence.
Le Conseiller en Investissement par Délégation crée un portefeuille constitué autour d’un noyau de titres bénéficiant d’une notation de Premier Ordre du monde entier ayant une échéance courte en vue de générer un rendement supérieur à celui des liquidités et d’améliorer les rendements et d’atténuer le risque baissier en appliquant des points de vue séculaires et opportunistes sur différents pays, devises et secteurs. Le Conseiller en Investissement par Délégation cherchera à gérer le portefeuille dans les différents contextes économiques en recourant à diverses stratégies, y compris, mais sans toutefois s’y limiter, l’ajustement de l’exposition de crédit globale, la qualité du crédit, la duration des taux d’intérêt du portefeuille et l’allocation en liquidités.
Le Fonds peut employer des instruments et techniques d’investissement tels que des contrats à terme normalisés, des options, des swaps, des swaptions, des swaps sur défaut de crédit (des swaps sur défaut à titulaire unique et des indices de swaps sur défaut) et des contrats de change à terme pour gérer sa duration, à des fins de gestion efficace du portefeuille (à savoir une réduction des risques, une réduction des coûts et la génération de capital ou de revenu supplémentaire pour le Fonds) ou à des fins d’investissement (comme indiqué dans la section « Types et description des instruments financiers dérivés »), sous réserve des conditions et limites stipulées périodiquement par la Banque centrale concernant l’acquisition ou la couverture d’une exposition aux investissements envisagés dans ces politiques d’investissement. Les instruments financiers dérivés seront utilisés dans les cas où l’achat direct s’avèrerait impossible ou moins efficace et peuvent être utilisés pour couvrir, augmenter ou réduire les risques de change, augmenter ou réduire l’exposition des titres à revenu fixe à certains pays particuliers, augmenter ou réduire l’exposition aux taux d’intérêt ou à une devise ou à un pays en particulier, obtenir une exposition à la courbe des taux d’un pays ou d’une devise (qui indique le rendement obligataire pour différentes échéances), gérer l’exposition au risque de taux d’intérêt, au risque souverain et au risque de crédit, couvrir les instruments sensibles à l’inflation et obtenir une exposition aux taux d’intérêt réels propres à un pays donné.
Le Fonds aura fortement recours aux instruments financiers dérivés. Le risque de marché du Fonds sera mesuré à l’aide de l’approche de la VaR. La VaR absolue du Fonds n’excédera pas 14,1 % de sa valeur liquidative. Il est prévu que dans des conditions normales de marché, l’effet de levier du Fonds, calculé comme la somme des montants notionnels des produits dérivés détenus par le Fonds (l’« Approche par les Notionnels »), sera inférieur à 300 % de la valeur liquidative du Fonds, et qu’il oscille habituellement entre 150 et 200 % de la valeur liquidative. Dans des circonstances exceptionnelles, il est prévu que le Fonds puisse être endetté à concurrence maximale de 400 % (selon l’Approche par les Notionnels) de sa valeur liquidative. Par circonstances exceptionnelles, on entend des périodes caractérisées par (i) un manque de liquidité, s’agissant notamment de titres inscrits à la cote, échangés ou négociés sur un Marché Réglementé, amenant
le Conseiller en Investissement par Délégation à rechercher une exposition aux marchés dérivés, (ii) de la volatilité vis-à-vis de laquelle le Conseiller en Investissement par Délégation cherche à se couvrir ou à prendre des positions opportunistes tout en respectant les politiques et restrictions d’investissement applicables au Fonds ou (iii) des corrélations imparfaites et des conditions de marché imprévues. Si le Fonds a recours à un effet de levier important, notamment le montant le plus élevé permis dans des circonstances exceptionnelles, il peut subir des pertes plus graves que celles qu’il aurait connues sans cet effet de levier massif. Le niveau de l’effet de levier est calculé à l’aide de l’Approche par les Notionnels tel que requis par le Règlement sur les OPCVM. La valeur notionnelle des investissements diverge fortement de leur valeur de marché, raison pour laquelle les limites d’effet de levier sont élevées. Ces limites d’effet de levier n’intègrent pas de quelconques accords de compensation ou de couverture que le Fonds pourrait appliquer à tout moment, quand bien même ces accords de compensation ou de couverture seraient utilisés à des fins de réduction du risque.
En raison de son exposition aux Marchés en développement et aux titres de qualité inférieure (below Investment Grade), un investissement dans le Fonds ne doit pas représenter une part substantielle d’un portefeuille d’investissement et peut ne pas convenir à tous les investisseurs.
Sous réserve des politiques d’investissement décrites ci-dessous, le Fonds peut investir dans une vaste gamme de Titres d’État et Titres de créance productifs de revenus, Titres indexés/structurés, titres adossés à des créances hypothécaires et à des actifs, émis ou garantis par un gouvernement d’un pays membre de l’OCDE, ou par ses agences ou organismes, ou par un émetteur privé, en titres à coupon zéro, en titres payant leurs intérêts en nature (à savoir des obligations payant un intérêt sous la forme d’obligations supplémentaires de même nature) et en Titres à Coupon Progressif, en actions de préférence et en actions versant des revenus, en REIT, en obligations convertibles, c’est-à-dire en Titres de créance assortis du droit d’acquérir des actions, comme l’attestent les warrants attachés à ces titres ou acquis avec ceux-ci, ou en Titres de créance convertibles en actions. Sous réserve des politiques d’investissement décrites dans les présentes, le Fonds peut investir en actions et autres titres de capital (tels que des obligations convertibles en actions). Le Fonds peut investir, directement ou indirectement (à savoir par l’intermédiaire de certificats américains d’actions étrangères, de certificats européens d’actions étrangères et de certificats internationaux d’actions étrangères) sur les marchés concernés. En outre, le Fonds peut acquérir des participations/cessions dans des prêts hypothécaires à taux variables ou d’autres prêts commerciaux qui sont liquides et permettront des ajustements de taux d’intérêt au moins tous les 397 jours et qui peuvent être garantis par des biens immobiliers ou d’autres actifs. Ces participations peuvent consister en des participations dans le prêt ou en cessions de celui-ci, ou peuvent être acquises auprès de banques, de courtiers qui ont consenti le prêt ou de membres du syndicat qui l’a mis en place. Ces participations ne dépasseront pas, au total, 10 % de la valeur liquidative du Fonds.
Le Fonds peut investir dans des Titres de créance notés B- par l’agence de notation Standard & Poor’s ou Fitch ou notés B3 par Moody’s (cf. Annexe 3 du Prospectus) , sous réserve d’une limite d’au maximum 15 % de sa valeur liquidative en Titres de créance ou actions privilégiées ayant une notation de qualité inférieure (below Investment Grade) mais supérieure à B- (d’après Standard & Poors ou Fitch et B3 d’après Moody’s). Le Fonds peut également acquérir des titres en défaillance si, de l’avis du Conseiller en Investissement par Délégation concerné, il apparaît probable que l’émetteur pourra reprendre le paiement des intérêts ou si d’autres évolutions favorables semblent probables à court terme.
Le Fonds pourra investir jusqu’à concurrence de 5 % de sa valeur liquidative dans des titres d’autres Organismes de placement collectif admissibles. Un tel investissement englobe la possibilité d’investir dans d’autres Fonds. Cependant, le Fonds ne peut pas investir dans un autre Fonds détenant lui-même des Actions d’un autre Fonds. Lorsqu'il investit dans un autre Fonds, le Fonds ne peut pas prélever une commission annuelle de gestion de portefeuille et/ou de gestion administrative pour ce qui concerne la fraction de ses actifs qui sont investis dans l'autre Fonds.
Le Fonds peut investir en instruments financiers dérivés à des fins de gestion efficace du portefeuille. Les investissements du Fonds en instruments dérivés seront soumis aux limites stipulées dans la politique d’investissement du Fonds ainsi qu’aux conditions et limites éventuellement stipulées par la Banque centrale. Dans certaines circonstances, le Fonds utilisera des instruments financiers dérivés comme levier. Le Fonds est autorisé à des fins d’investissement à investir jusqu’à 100 % de sa valeur liquidative dans des instruments financiers dérivés. Le risque de marché du Fonds est mesuré à l’aide de l’approche de la valeur à risque (« VaR ») et l’effet de levier du Fonds est calculé à partir de la somme des montants notionnels des produits dérivés détenus par le Fonds. Toutefois, les Actionnaires doivent noter que, compte tenu de la nature des instruments dérivés et du fait que ces instruments peuvent être négociés à la marge, un relativement faible
mouvement défavorable du cours du sous-jacent d’un instrument dérivé donné peut entraîner des mouvements immédiats et importants de l’exposition du Fonds à cet instrument dérivé. Si les limites d’exposition liées à un instrument dérivé devaient être supérieures pour des raisons échappant au contrôle du Fonds, celui-ci aura pour priorité de remédier à cette situation en tenant compte des intérêts de ses Actionnaires.

### UTILISATION DE MESURES DÉFENSIVES TEMPORAIRES
Dans certaines circonstances, à titre temporaire et exceptionnel, lorsque le Conseiller en Investissement ou le Conseiller en Investissement par Délégation concerné estime qu’il en va de l’intérêt des Actionnaires, le Fonds pourra effectuer quelques entorses à ses politiques d’investissement telles qu’elles figurent ci-dessus. Pour de plus amples informations, se référer à la section « Utilisation de mesures défensives temporaires » du Prospectus.

### PROFIL DE L’INVESTISSEUR TYPE

### Le Fonds s’adresse à une grande diversité d’investisseurs, qui recherchent l’accès à un portefeuille géré dans le respect d’un objectif et d’une politique d’investissement spécifiques.
L’investisseur potentiel doit choisir la Catégorie qui correspond le mieux à ses besoins. En sélectionnant une Catégorie, les investisseurs potentiels doivent prendre en considération les éléments suivants :
- le montant qu’ils prévoient d’investir ;
- la durée de détention prévue des Actions ;
- les frais payés au titre de chaque Catégorie ;
- l’admissibilité des Actionnaires au bénéfice d’une renonciation ou d’un abandon des droits d’entrée ;
- la devise de la catégorie d’actions.


### LIMITES D'INVESTISSEMENTS

### Chacun des investissements du Fonds sera limité aux investissements autorisés par le Règlement sur les OPCVM et d'autres limites applicables stipulées à l'Annexe 4 du Prospectus.

### UTILISATION D’INSTRUMENTS ET DE TECHNIQUES D’INVESTISSEMENT ET D’INSTRUMENTS FINANCIERS DÉRIVÉS
Sous réserve de la capacité du Fonds à investir dans des instruments financiers dérivés à des fins d'investissement, comme indiqué à la section « Objectif et Politiques d’investissement » ci-dessus, le Conseillers en Investissement par Délégation peut seulement employer des instruments et des techniques d’investissement tels que des contrats à terme normalisés, des options, des swaps et autres instruments financiers dérivés pour une gestion efficace du portefeuille (à savoir une réduction des risques, une réduction des coûts et la génération de capital ou de revenu supplémentaire pour le Fonds) et le Conseiller en Investissement par Délégation est tenu de se conformer aux conditions et restrictions stipulées périodiquement par la Banque centrale. De plus amples informations figurent aux sections « Utilisation d'instruments et de techniques d'investissement et d'instruments financiers dérivés » et « Types et description d'instruments financiers dérivés » du Prospectus.
Le Fonds adoptera l’approche de la VaR pour calculer l'exposition globale. La méthode de la VaR sera utilisée par le Fonds afin d’aider à évaluer et à contrôler de façon qualitative les risques auxquels le Fonds est exposé.

### RÈGLEMENT SUR LES OPÉRATIONS DE FINANCEMENT SUR TITRES
Comme décrit plus particulièrement dans la section « Réglementation des opérations de financement sur titres » du Prospectus, sous réserve des limites d’investissement indiquées en Annexe 4 du Prospectus, ainsi que des limites d’investissement définies à la section « Objectif et politiques d’investissement » du Supplément : (a) en ce qui concerne les investissements autorisés dans les swaps sur rendement total, le Fonds peut investir au maximum 100 % de sa Valeur liquidative ; et (b) le Fonds peut investir au maximum 100 % de sa Valeur liquidative dans des Opérations de financement sur titres. Sous réserve des limites

### susmentionnées, le Fonds devrait en général investir entre 0 et 20 % de sa Valeur liquidative dans des swaps sur rendement total et des Opérations de financement sur titres.

### FACTEURS DE RISQUE ET CONSIDÉRATIONS PARTICULIÈRES
L’attention des investisseurs est attirée sur les facteurs de risque et autres considérations particulières qui sont décrits dans le Prospectus à la section intitulée « Facteurs de risque et considérations particulières » et qui peuvent affecter le Fonds. Cette liste de facteurs de risque liés aux investissements dans le Fonds n’est pas exhaustive, et l’attention de l’investisseur est attirée sur la description des instruments financiers qui apparaît à la section « Objectif et politiques d’investissement ».

### POLITIQUE DE DISTRIBUTION
Telles que décrites plus particulièrement dans le Prospectus à la section « Les Actions » et dans le Supplément à la section intitulée « Catégories d'Actions », les Catégories d’Actions de Distribution peuvent différer en termes de fréquence de distribution. Les Catégories d’Actions de Distribution peuvent effectuer des distributions de façon mensuelle, trimestrielle, semestrielle ou annuelle, tel que déterminé moment du lancement de la Catégorie d’Actions concernée. La fréquence de distribution des Catégories d’Actions est indiquée dans le tableau ci-dessous :
| Fréquence de distribution | Dates de déclaration de distribution |
| --- | --- |
| Catégories d’Actions de capitalisation |
| Sans objet | Sans objet |
| Catégories d’Actions de Distribution |
| Mensuelle | Mensuelle, en principe le 15 de chaque mois à moins que ce jour ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Trimestrielle | Trimestrielle, normalement le 15 janvier, le 15 avril, le 15 juillet et le 15 octobre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Semestrielle | Semestrielle, en principe le 15 avril et le 15 octobre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Annuelle | Annuelle, en principe le 15 octobre à moins qu’il ne s’agisse pas d’un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède la date mentionnée. |


### HEURES LIMITES DE NÉGOCIATION ET HEURES DE RÈGLEMENT
Les ordres de souscription d’Actions reçus et acceptés par ou au nom de l’Agent de transfert ou la Société et/ou le Gestionnaire avant l’Heure Limite de Négociation au cours d’un Jour Ouvré repris dans les tableaux ci-dessous seront traités au prix de l’offre déterminé ce Jour Ouvré. Les ordres de souscription d’Actions reçus par ou au nom de l’Agent de transfert ou de la Société et/ou du Gestionnaire après l’Heure Limite de Négociation un Jour Ouvré seront traités au prix de l’offre déterminé le Jour Ouvré suivant. Si le paiement des ordres de souscription n’est pas reçu à l’Heure de Règlement correspondante, une souscription peut être
annulée ou l’Actionnaire peut être amené à payer des intérêts sur les montants de souscription non soldés aux taux normaux en vigueur. Dans ce cas, l’Agent de Distribution ou l’Actionnaire peut être tenu responsable de toute perte subie par le Fonds.
Le traitement des ordres de rachat est assujetti à la réception et l’acceptation par ou au nom de l’Agent de transfert, la Société et/ou le Gestionnaire d’un ordre de rachat valable. Sous réserve des dispositions de la section « Limites de rachat » dans le Prospectus, les ordres de rachat reçus et acceptés par ou au nom de l’Agent de transfert ou par la Société ou par le Gestionnaire avant l’Heure Limite de Négociation un Jour Ouvré seront traités à la valeur liquidative par Action déterminée ce Jour Ouvré.
| Souscription | Heure Limite de Négociation | Heure de Règlement |
| --- | --- | --- |
| Souscriptions (autres que les Actions de Catégorie Z) | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |
| Souscriptions effectuées directement auprès de l’Agent de Transfert par des Investisseurs Institutionnels Éligibles/Actions de Catégorie Z | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | 15h30, heure de Londres J |
| Rachat | Heure Limite de Négociation | Heure de Règlement |
| Tous les Rachats | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |


### LE CONSEILLER EN INVESTISSEMENT PAR DÉLÉGATION
Le Gestionnaire a désigné JCIL en tant que conseiller en investissement de la Société. À la date du présent Supplément, JCIL a délégué à JCM, HGIL et Kapstream la responsabilité de fournir des services discrétionnaires de conseil et de gestion de portefeuille, concernant tout ou partie des actifs du Fonds.

### CHARGES ET COMMISSIONS
Les charges et commissions auxquelles est soumis tout investissement dans un Fonds (comprenant les droits d’entrée, les droits de sortie conditionnels différés (CDSC), l’ajustement de la dilution, une commission de gestion et une commission de distribution) sont décrits en détail dans le Prospectus à la section « Charges et Commissions », dont un résume figure ci-dessous. Les Charges et Commissions sur les Catégories d’Actions de capital peuvent imputer certaines commissions et charges sur le capital plutôt que sur les revenus.
| Type de commission | Actions de Catégorie A | Actions de Catégorie B | Actions de Catégorie E | Actions de Catégorie G | Actions de Catégorie H | Actions de Catégorie I | Actions de Catégorie S | Actions de Catégorie V | Actions de Catégorie Z |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Droit d'entrée | Jusqu'à 5,00 % du montant souscrit | S/O | Jusqu'à 1,00 % du montant souscrit | S/O | S/O | Jusqu'à 2,00 % du montant souscrit | Jusqu'à 2,00 % du montant souscrit | S/O | S/O |
| CSCD Moins d'un an depuis l’achat - à 2 ans
- à 3 ans
- à 4 ans Plus de 4 ansdepuis l’achat
 | S/O | 4 % 3 % 2 % 1 % 0 % | S/O | S/O | S/O | S/O | S/O | 3 % 2 % 1 % 0 % - | S/O |
| Commissions de services aux Actionnaires | Jusqu'à 0,25 % de la valeur liquidative | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 1,00 % de la valeur liquidative | S/O | S/O | S/O | S/O | Jusqu'à 0,75 % de la valeur liquidative | S/O |
| Commission de distribution | S/O | Jusqu'à 1,00 % de la valeur liquidative | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Commission de gestion d’investissem ent | Jusqu'à 0,65 % de la valeur liquidative | Jusqu'à 0,65 % de la valeur liquidative | Jusqu'à 0,65 % de la valeur liquidative | Jusqu'à 0,60 % de la valeur liquidative | Jusqu'à 0,60 % de la valeur liquidative | Jusqu'à 0,55 % de la valeur liquidative | Jusqu'à 0,55 % de la valeur liquidative | Jusqu'à 0,65 % de la valeur liquidative | Voir Prospectus |
| Commission de performance | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Charges et Commissions | 1,25 % de la valeur liquidative | S/O | 1,90 % de la valeur liquidative | 0,55 % de la valeur liquidative | 0,55 % de la valeur liquidative | 0,70 % de la valeur liquidative | 0,55 % de la valeur liquidative | S/O | Voir Prospectus |


### AJUSTEMENT DE DILUTION
Un ajustement de dilution peut être appliqué à la Valeur liquidative par Action du Fonds au cours d’un jour de négociation (i) si les souscriptions ou rachats nets dépassent le seuil déterminé à l’avance relatif à la Valeur liquidative du Fonds (lorsqu’un tel seuil est ponctuellement déterminé à l’avance pour le Fonds par le Gestionnaire) ou (ii) dans tout autre cas impliquant des souscriptions ou des rachats nets dans le Fonds, si le Gestionnaire ou ses délégués estiment raisonnablement que l’imposition d’un ajustement de dilution s’inscrira dans l’intérêt des Actionnaires existants.

### CATÉGORIES D’ACTIONS
Comme décrit plus particulièrement dans la section « Les Actions » du Prospectus, la Société propose 11 Catégories d’Actions avec diverses politiques de distribution, fréquences de distribution, politiques de couverture et devises dans chaque Catégorie. Le nouveau nom de chaque Catégorie d’Actions offertes par la Société permet aux Actionnaires d’identifier la politique de distribution, la fréquence de distribution, la politique de couverture et la devise d’une Catégorie en fonction de sous-classifications. Le tableau ci-dessous apporte des précisions sur les Catégories d’Actions du Fonds approuvées par la Banque Centrale, ainsi que sur les Catégories disponibles à l’achat à la date du présent Supplément.
Si, pour une catégorie d’actions donnée d’un fonds donné, aucune émission n’avait préalablement été faite ou s’il est procédé à une réémission, une souscription initiale sera alors possible : (i) à la/aux date(s) devant être déterminée(s) par le Gestionnaire et communiquée(s) à l’avance à la Banque centrale et (ii) le prix de l’offre initiale et le prix de réémission stipulés dans le Prospectus à la section intitulée « Offres initiales de catégories d’actions ». Dans le cas d’un Fonds au titre duquel une ou plusieurs Catégories d’Actions sont déjà
émises, le prix de l’offre initiale par Action pour toute Catégorie d’Actions supplémentaire émise en rapport avec ledit Fonds pourra correspondre à la valeur liquidative par Action desdites autres Catégories d’Actions du Fonds concerné tel que fixé par le Gestionnaire et communiqué à l’avance à la Banque Centrale, ainsi qu’aux Actionnaires potentiels.
| CATÉGORIES D’ACTIONS approuvées par la Banque Centrale à la date du présent Supplément |  |
| --- | --- |
| Catégorie s libellées en Dollars américain s | Catégorie s libellées en Euros | Catégorie s libellées en Livres sterling | Catégorie s libellées en Dollars de Hong Kong | Catégorie s libellées en Dollars australien s | Catégorie s libellées en Francs suisses | Catégorie s libellées en Dollars canadiens | Catégorie s libellées en Renminbi (CNH) | Catégorie s libellées en Couronne s suédoises | Catégorie s libellées en Dollars néo- zélandais | Catégorie s libellées en Dollars de Singapour | Catégories libellées en Couronnes norvégienne s |
| A2 USD B2 USD E2 USD I2 USD S2 USD H2 USD G2 USD V2 USD Z2 USD A3 USD A3s USD A3q USD A3m USD A4q USD A4m USD A5m USD H3 USD G3 USD | A2 HEUR B2 HEUR E2 HEUR I2 HEUR S2 HEUR H2 HEUR G2 HEUR V2 HEUR Z2 EUR H3 HEUR H3m HEUR H3q HEUR | I2 HGBP I2 GBP S2 HGBP H2 HGBP H2 GBP G2 HGBP G2 GBP Z2 GBP Z2 HGBP | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF G2 HCHF Z2 CHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD A2 SGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD | A2 HNOK I2 HNOK Z2 HNOK H2 HNOK |

La période d’offre initiale pour les Catégories d’Actions A2 HNOK, I2 HNOK et Z2 HNOK du Fonds débutera à 9 heures (heure d’Irlande) le 7 juillet 2020 et se terminera à 16 heures (heure de New York) le 7 janvier 2021 ou à toute autre date que le Gestionnaire pourra fixer et notifier à l’avance à la Banque Centrale.

### Supplément concernant le Fonds

### Janus Henderson Absolute Return Income Fund (EUR)

### Le présent Supplément est établi en date du 30 juin 2021.

### Le présent Supplément contient des informations spécifiques au fonds Janus Henderson Absolute Return Income Fund EUR (le « Fonds »), un compartiment de Janus Henderson Capital Funds plc (la
« Société »). La Société est un OPCVM établi sous la forme d’une société d’investissement à capital variable avec séparation des passifs entre les Fonds, constituée en Irlande et régie par la Banque centrale.
Ce Supplément fait partie intégrante du dernier Prospectus et doit être lu conjointement avec celui-ci. Le Prospectus peut être révisé ou complété de temps à autre. Les termes commençant par une majuscule utilisés dans le présent Supplément, qui n'ont pas été définis dans les présentes, ont la même signification que dans le Prospectus.

### RÉSUMÉ

### Les informations reprises sous ce titre constituent un résumé des principales caractéristiques du Fonds et doivent être lues conjointement avec le texte complet de ce Supplément.
| Catégories d’Actions | Des précisions sur les Catégories d’Actions sont présentées ci-dessous à la section intitulée « Catégories d’Actions ». |
| --- | --- |
| L’attention des investisseurs est attirée sur le fait qu’à la date du présent Supplément, seules certaines Catégories d’Actions du Fonds sont actuellement ouvertes à la souscription. En outre, toutes les Catégories d’Actions ne sont pas disponibles dans toutes les juridictions. Les investisseurs sont priés de se mettre en rapport avec l’Agent de Distribution pour obtenir la liste des Catégories d’Actions à leur disposition. |
| Fréquence des souscriptions, rachats et échanges | Sauf indication contraire des Administrateurs et/ou du Gestionnaire, les souscriptions, les rachats et les échanges d’Actions peuvent être effectués tout Jour Ouvré en suivant les procédures décrites dans les sections du Prospectus intitulées « Comment acheter des Actions », « Comment obtenir le rachat d’Actions » et « Comment échanger ou céder des Actions ». |
| Souscriptions minimales | Les souscriptions initiales et ultérieures minimales applicables à chaque Catégorie au sein du Fonds sont spécifiées dans la section du Prospectus intitulée « Comment acheter des Actions ». |
| Adaptation des Catégories | L’adaptation des Catégories et l’éligibilité des investisseurs pour des Catégories particulières sont décrites à la section intitulée « Les Actions » du Prospectus. |
| Devise de base | Euro |


### OBJECTIF ET POLITIQUES D’INVESTISSEMENT
L’objectif d’investissement du Fonds est d’obtenir un rendement positif et constant, supérieur à celui qu’il obtiendrait en investissant dans des équivalents de liquidités (c.-à-d. des investissements pouvant être facilement convertis en liquidités, par exemple des bons du Trésor). Le Fonds cherche à générer des rendements positifs à long terme dans le cadre de différents contextes économiques (c.-à-d. les périodes d’expansion et de contraction cycliques typiques du cycle économique et les niveaux de taux d’intérêts croissants et décroissants qui en résultent en raison des forces du marché ou d’interventions des banques centrales). Le Fonds poursuit cet objectif en investissant au moins 80 % de sa valeur liquidative dans des Titres de Créance provenant de partout dans le monde (y compris les Marchés en développement) bénéficiant d’une notation de Premier Ordre, de qualité inférieure (below Investment Grade) ou dans des Titres de Créance non notés de qualité similaire à la qualité inférieure (below Investment Grade), telle que définie par

### le Conseiller en Investissement ou le Conseiller en Investissement par Délégation, ou dans des instruments financiers dérivés.
Bien que le Fonds puisse investir jusqu’à 15 % de sa valeur liquidative dans des Titres de créances ne bénéficiant pas d’une notation de Premier Ordre, il ne peut investir dans des Titres de créance dont la notation attribuée par Standard & Poor’s ou Fitch est inférieure à B-, ou inférieure à B3 selon Moody’s (cf. Annexe 3 du Prospectus) ou, s’ils ne sont pas notés, réputés de qualité comparable par le Conseiller en investissement ou le Conseiller en investissement par délégation. Les placements typiques dans lesquels le Fonds a la possibilité d’investir comprennent, sans toutefois s’y limiter, les crédits aux entreprises, les Titres d’État, les titres garantis par des hypothèques, les titres garantis par des actifs, les titres des pays émergents et les titres à rendement élevé. Les titres garantis par des hypothèques et par des actifs dans lesquels le Fonds peut investir ne contiendront pas de dérivés incorporés ou d’effet de levier. Les titres garantis par des hypothèques, des actifs et liés à un crédit dans lesquels le Fonds peut investir bénéficieront d’une notation de Premier Ordre ou, s’ils ne sont pas notés, jugés de qualité comparable par le Conseiller en Investissement ou le Conseiller en Investissement par Délégation. Au maximum 1 % de la valeur liquidative du Fonds peut être investi dans des titres subordonnés émis par le même émetteur. Le Fonds n’applique pas de critères prédéfinis en termes d’échéance, mais l’échéance moyenne pondérée de l’ensemble du portefeuille devrait être inférieure à cinq ans et sa duration peut être négative.

### Objectif de performance : Surperformer l’indice Bloomberg Barclays Euro Treasury Bills 0-3 d’au moins 2 % par an avant déduction des frais, sur toute période de cinq ans.
Le Fonds est géré activement en fonction de l’indice Bloomberg Barclays Euro Treasury Bills 0-3 sur la base duquel l’objectif de performance du Fonds est défini. Le Conseiller en Investissement par Délégation dispose d’une grande liberté pour choisir des investissements individuels pour le Fonds. Les détails de la performance du Fonds sont disponibles dans les rapports annuels et semestriels, les documents de commercialisation et dans le DICI. Rien ne garantit que la performance du Fonds sera égale ou supérieure à cet indice de référence.
Le Conseiller en Investissement par Délégation crée un portefeuille constitué autour d’un noyau de titres bénéficiant d’une notation de Premier Ordre du monde entier ayant une échéance courte en vue de générer un rendement supérieur à celui des liquidités et d’améliorer les rendements et d’atténuer le risque baissier en appliquant des points de vue séculaires et opportunistes sur différents pays, devises et secteurs. Le Conseiller en Investissement par Délégation cherchera à gérer le portefeuille dans les différents contextes économiques en recourant à diverses stratégies, y compris (mais sans toutefois s’y limiter) l’ajustement de l’exposition de crédit globale, la qualité du crédit, la duration des taux d’intérêt du portefeuille et l’allocation en liquidités.
Le Fonds aura fortement recours aux instruments financiers dérivés. Le risque de marché du Fonds sera mesuré à l’aide de l’approche de la VaR. La VaR absolue du Fonds n’excédera pas 14,1 % de sa valeur liquidative. Il est prévu que dans des conditions normales de marché, l’effet de levier du Fonds, calculé comme la somme des montants notionnels des produits dérivés détenus par le Fonds (l’« Approche par les Notionnels »), sera inférieur à 300 % de la valeur liquidative du Fonds, et qu’il oscille habituellement entre 150 et 200 % de la valeur liquidative. Dans des circonstances exceptionnelles, il est prévu que le Fonds puisse être endetté à concurrence maximale de 400 % (selon l’Approche par les Notionnels) de sa valeur liquidative. Par circonstances exceptionnelles, on entend des périodes caractérisées par (i) un manque de liquidité, s’agissant notamment de titres inscrits à la cote, échangés ou négociés sur un Marché Réglementé, amenant le Conseiller en Investissement par Délégation à rechercher une exposition aux marchés dérivés ; (ii) de la volatilité vis-à-vis de laquelle le Conseiller en Investissement par Délégation cherche à se couvrir ou à prendre des positions opportunistes tout en respectant les politiques et restrictions d’investissement applicables au Fonds ; ou (iii) des corrélations imparfaites et des conditions de marché imprévues. Si le Fonds a recours à un effet de levier important, notamment le montant le plus élevé permis dans des circonstances exceptionnelles, il peut subir des pertes plus graves que celles qu’il aurait connues sans cet effet de levier massif. Le niveau de l’effet de levier est calculé à l’aide de l’Approche par les Notionnels tel que requis par le Règlement sur les OPCVM. Le niveau de l’effet de levier est calculé à l’aide de l’Approche par les Notionnels tel que requis par le Règlement sur les OPCVM. Ces limites d’effet de levier n’intègrent pas de quelconques accords de compensation ou de couverture que le Fonds pourrait appliquer à tout moment, quand bien même ces accords de compensation ou de couverture seraient utilisés à des fins de réduction du risque.
En raison de son exposition aux Marchés en développement et aux titres de qualité inférieure (below Investment Grade), un investissement dans le Fonds ne doit pas représenter une part substantielle d’un portefeuille d’investissement et peut ne pas convenir à tous les investisseurs.
Sous réserve des politiques d’investissement décrites ci-dessous, le Fonds peut investir dans une vaste gamme de Titres d’État et Titres de créance productifs de revenus, Titres indexés/structurés, titres adossés à des créances hypothécaires et à des actifs, émis ou garantis par un gouvernement d’un pays membre de l’OCDE, ou par ses agences ou organismes, ou par un émetteur privé, en titres à coupon zéro, en titres payant leurs intérêts en nature (ex. obligations payant un intérêt sous la forme d’obligations supplémentaires de même nature) et en Titres à Coupon Progressif, en actions de préférence et en actions versant des revenus, en REIT, en obligations convertibles, c’est-à-dire en Titres de créance assortis du droit d’acquérir des actions, comme l’attestent les warrants attachés à ces titres ou acquis avec ceux-ci, ou en Titres de créance convertibles en actions. Sous réserve des politiques d’investissement décrites dans les présentes, le Fonds peut investir en actions et autres titres de capital (tels que des obligations convertibles en actions). Le Fonds peut investir, directement ou indirectement (à savoir par l’intermédiaire de certificats américains d’actions étrangères, de certificats européens d’actions étrangères et de certificats internationaux d’actions étrangères) sur les marchés concernés. En outre, le Fonds peut acquérir des participations/cessions dans des prêts hypothécaires à taux variables ou d’autres prêts commerciaux qui sont liquides et permettront des ajustements de taux d’intérêt au moins tous les 397 jours et qui peuvent être garantis par des biens immobiliers ou d’autres actifs. Ces participations peuvent consister en des participations dans le prêt ou en cessions de celui-ci, ou peuvent être acquises auprès de banques, de courtiers qui ont consenti le prêt ou de membres du syndicat qui l’a mis en place. Ces participations ne dépasseront pas, au total, 10 % de la valeur liquidative du Fonds.
Le Fonds peut investir dans des Titres de créance notés B- par l’agence de notation Standard & Poor’s ou Fitch ou notés B3 par Moody’s (cf. Annexe 3 du Prospectus) , sous réserve d’une limite d’au maximum 15 % de sa valeur liquidative en Titres de créance ou actions privilégiées ayant une notation de qualité inférieure (below Investment Grade) mais supérieure à B- (d’après Standard & Poors ou Fitch et B3 d’après Moody’s). Le Fonds peut également acquérir des titres en défaillance si, de l’avis du Conseiller en Investissement par Délégation concerné, il apparaît probable que l’émetteur pourra reprendre le paiement des intérêts ou si d’autres évolutions favorables semblent probables à court terme.
Le Fonds pourra investir jusqu’à concurrence de 5 % de sa valeur liquidative dans des titres d’autres Organismes de placement collectif admissibles. Un tel investissement englobe la possibilité d’investir dans d’autres Fonds. Cependant, le Fonds ne peut pas investir dans un autre Fonds détenant lui-même des Actions d’un autre Fonds. Lorsqu'il investit dans un autre Fonds, le Fonds ne peut pas prélever une commission annuelle de gestion de portefeuille et/ou de gestion administrative pour ce qui concerne la fraction de ses actifs qui sont investis dans l'autre Fonds.
Le Fonds peut investir en instruments financiers dérivés à des fins de gestion efficace du portefeuille. Les investissements du Fonds en instruments dérivés seront soumis aux limites stipulées dans la politique d’investissement du Fonds ainsi qu’aux conditions et limites éventuellement stipulées par la Banque centrale. Dans certaines circonstances, le Fonds utilisera des instruments financiers dérivés comme levier. Le Fonds est autorisé à des fins d’investissement à investir jusqu’à 100 % de sa valeur liquidative dans des instruments financiers dérivés. Le risque de marché du Fonds est mesuré à l’aide de l’approche de la valeur à risque (« VaR ») et l’effet de levier du Fonds est calculé à partir de la somme des montants notionnels des produits dérivés détenus par le Fonds. Toutefois, les Actionnaires doivent noter que, compte tenu de la nature des instruments dérivés et du fait que ces instruments peuvent être négociés à la marge, un relativement faible mouvement défavorable du cours du sous-jacent d’un instrument dérivé donné peut entraîner des mouvements immédiats et importants de l’exposition du Fonds à cet instrument dérivé. Si les limites d’exposition liées à un instrument dérivé devaient être supérieures pour des raisons échappant au contrôle du Fonds, celui-ci aura pour priorité de remédier à cette situation en tenant compte des intérêts de ses Actionnaires.

### UTILISATION DE MESURES DÉFENSIVES TEMPORAIRES
Dans certaines circonstances, à titre temporaire et exceptionnel, lorsque le Conseiller en Investissement ou le Conseiller en Investissement par Délégation concerné estime qu’il en va de l’intérêt des Actionnaires, le Fonds pourra effectuer quelques entorses à ses politiques d’investissement telles qu’elles figurent ci-dessus.

### Pour de plus amples informations, se référer à la section « Utilisation de mesures défensives temporaires » du Prospectus.

### PROFIL DE L’INVESTISSEUR TYPE

### Le Fonds s’adresse à une grande diversité d’investisseurs, qui recherchent l’accès à un portefeuille géré dans le respect d’un objectif et d’une politique d’investissement spécifiques.
L’investisseur potentiel doit choisir la Catégorie qui correspond le mieux à ses besoins. En sélectionnant une Catégorie, les investisseurs potentiels doivent prendre en considération les éléments suivants :
- le montant qu’ils prévoient d’investir ;
- la durée de détention prévue des Actions ;
- les frais payés au titre de chaque Catégorie ;
- l’admissibilité des Actionnaires au bénéfice d’une renonciation ou d’un abandon des droits d’entrée ;
- la devise de la catégorie d’actions.


### LIMITES D’INVESTISSEMENTS

### Chacun des investissements du Fonds sera limité aux investissements autorisés par le Règlement sur les OPCVM et d’autres limites applicables stipulées à l’Annexe 4 du Prospectus.

### UTILISATION D’INSTRUMENTS ET DE TECHNIQUES D’INVESTISSEMENT ET D’INSTRUMENTS FINANCIERS DÉRIVÉS
Sous réserve de la capacité du Fonds à investir dans des instruments financiers dérivés à des fins d'investissement, comme indiqué à la section « Objectif et Politiques d’investissement » ci-dessus, le Conseillers en Investissement par Délégation peut seulement employer des instruments et des techniques d’investissement tels que des contrats à terme normalisés, des options, des swaps et autres instruments financiers dérivés pour une gestion efficace du portefeuille (à savoir une réduction des risques, une réduction des coûts et la génération de capital ou de revenu supplémentaire pour le Fonds) et le Conseiller en Investissement par Délégation est tenu de se conformer aux conditions et restrictions stipulées périodiquement par la Banque centrale. De plus amples informations figurent aux sections « Utilisation d'instruments et de techniques d'investissement et d'instruments financiers dérivés » et « Types et description d'instruments financiers dérivés » du Prospectus.
Le Fonds adoptera l’approche de la VaR pour calculer l'exposition globale. La méthode de la VaR sera utilisée par le Fonds afin d’aider à évaluer et à contrôler de façon qualitative les risques auxquels le Fonds est exposé.

### RÈGLEMENT SUR LES OPÉRATIONS DE FINANCEMENT SUR TITRES
Comme décrit plus particulièrement dans la section « Réglementation des opérations de financement sur titres » du Prospectus, sous réserve des limites d’investissement indiquées en Annexe 4 du Prospectus, ainsi que des limites d’investissement définies à la section « Objectif et politiques d’investissement » du Supplément : (a) en ce qui concerne les investissements autorisés dans les swaps sur rendement total, le Fonds peut investir au maximum 100 % de sa Valeur liquidative ; et (b) le Fonds peut investir au maximum 100 % de sa Valeur liquidative dans des Opérations de financement sur titres. Sous réserve des limites susmentionnées, le Fonds devrait en général investir entre 0 et 20 % de sa Valeur liquidative dans des swaps sur rendement total et des Opérations de financement sur titres.

### FACTEURS DE RISQUE ET CONSIDÉRATIONS PARTICULIÈRES
L’attention des investisseurs est attirée sur les facteurs de risque et autres considérations particulières qui sont décrits dans le Prospectus à la section intitulée « Facteurs de risque et considérations particulières » et qui peuvent affecter le Fonds. Cette liste de facteurs de risque liés aux investissements dans le Fonds n’est pas exhaustive, et l’attention de l’investisseur est attirée sur la description des instruments financiers qui apparaît à la section « Objectif et politiques d’investissement ».

### POLITIQUE DE DISTRIBUTION
Telles que décrites plus particulièrement dans le Prospectus à la section « Les Actions » et dans le Supplément à la section intitulée « Catégories d’Actions », les Catégories d’Actions de Distribution peuvent différer en termes de fréquence de distribution. Les Catégories d’Actions de Distribution peuvent effectuer des distributions de façon mensuelle, trimestrielle, semestrielle ou annuelle, tel que déterminé moment du lancement de la Catégorie d’Actions concernée. La fréquence de distribution des Catégories d’Actions est indiquée dans le tableau ci-dessous :
| Fréquence de distribution | Dates de déclaration de distribution |
| --- | --- |
| Catégories d’Actions de capitalisation |
| Sans objet | Sans objet |
| Catégories d’Actions de Distribution |  |
| Mensuelle | Mensuelle, en principe le 15 de chaque mois à moins que ce jour ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Trimestrielle | Trimestrielle, normalement le 15 janvier, le 15 avril, le 15 juillet et le 15 octobre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Semestrielle | Semestrielle, en principe le 15 avril et le 15 octobre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Annuelle | Annuelle, en principe le 15 octobre à moins qu’il ne s’agisse pas d’un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède la date mentionnée. |


### HEURES LIMITES DE NÉGOCIATION ET HEURES DE RÈGLEMENT
Les ordres de souscription d’Actions reçus et acceptés par ou au nom de l’Agent de transfert ou la Société et/ou le Gestionnaire avant l’Heure Limite de Négociation au cours d’un Jour Ouvré repris dans les tableaux ci-dessous seront traités au prix de l’offre déterminé ce Jour Ouvré. Les ordres de souscription d’Actions reçus par ou au nom de l’Agent de transfert ou de la Société et/ou du Gestionnaire après l’Heure Limite de Négociation un Jour Ouvré seront traités au prix de l’offre déterminé le Jour Ouvré suivant. Si le paiement des ordres de souscription n’est pas reçu à l’Heure de Règlement correspondante, une souscription peut être annulée ou l’Actionnaire peut être amené à payer des intérêts sur les montants de souscription non soldés aux taux normaux en vigueur. Dans ce cas, l’Agent de Distribution ou l’Actionnaire peut être tenu responsable de toute perte subie par le Fonds.
Le traitement des ordres de rachat est assujetti à la réception et l’acceptation par ou au nom de l’Agent de transfert, la Société et/ou le Gestionnaire d’un ordre de rachat valable. Sous réserve des dispositions de la section « Limites de rachat » dans le Prospectus, les ordres de rachat reçus et acceptés par ou au nom de l’Agent de transfert ou par la Société ou par le Gestionnaire avant l’Heure Limite de Négociation un Jour Ouvré seront traités à la valeur liquidative par Action déterminée ce Jour Ouvré.
| Souscription | Heure Limite de Négociation | Heure de Règlement |
| --- | --- | --- |
| Souscriptions (autres que les Actions de Catégorie Z) | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |
| Souscriptions effectuées directement auprès de l’Agent de Transfert par des Investisseurs Institutionnels Éligibles/Actions de Catégorie Z | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | 15h30, heure de Londres J |
| Rachat | Heure Limite de Négociation | Heure de Règlement |
| Tous les Rachats | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |


### LE CONSEILLER EN INVESTISSEMENT PAR DÉLÉGATION
Le Gestionnaire a désigné JCIL en tant que conseiller en investissement de la Société. À la date du présent Supplément, JCIL a délégué à JCM,HGIL et Kapstream la responsabilité de fournir des services discrétionnaires de conseil et de gestion de portefeuille, concernant tout ou partie des actifs du Fonds.

### CHARGES ET COMMISSIONS
Les charges et commissions auxquelles est soumis tout investissement dans un Fonds (comprenant les droits d’entrée, les droits de sortie conditionnels différés (CDSC), l’ajustement de la dilution, une commission de gestion et une commission de distribution) sont décrits en détail dans le Prospectus à la section « Charges et Commissions », dont un résume figure ci-dessous. Les Charges et Commissions sur les Catégories d’Actions de capital peuvent imputer certaines commissions et charges sur le capital plutôt que sur les revenus.
| Type de commission | Actions de Catégorie A | Actions de Catégorie B | Actions de Catégorie E | Actions de Catégorie G | Actions de Catégorie H | Actions de Catégorie I | Actions de Catégorie S | Actions de Catégorie V | Actions de Catégorie Z |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Commission de Souscription initiale | Jusqu’à 5,00 % du montant souscrit | S/O | Jusqu’à 1,00 % du montant souscrit | S/O | S/O | Jusqu'à 2,00 % du montant souscrit | Jusqu'à 2,00 % du montant souscrit | S/O | S/O |
| CDSC Moins d’un an depuis l’achat - à 2 ans
- à 3 ans
- à 4 ans Plus de 4 ansdepuis l’achat
 | S/O | 4 % 3 % 2 % 1 % 0 % | S/O | S/O | S/O | S/O | S/O | 3 % 2 % 1 % 0 % - | S/O |
| Commissions de services aux Actionnaires | Jusqu'à 0,25 % de la valeur liquidative | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 1,00 % de la valeur liquidative | S/O | S/O | S/O | S/O | Jusqu’à 0,75 % de la valeur liquidative | S/O |

| Type de commission | Actions de Catégorie A | Actions de Catégorie B | Actions de Catégorie E | Actions de Catégorie G | Actions de Catégorie H | Actions de Catégorie I | Actions de Catégorie S | Actions de Catégorie V | Actions de Catégorie Z |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Commissions de distribution | S/O | Jusqu’à 1,00 % de la valeur liquidative | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Commission de gestion d’investissement | Jusqu'à 0,65 % de la valeur liquidative | Jusqu'à 0,65 % de la valeur liquidative | Jusqu'à 0,65 % de la valeur liquidative | Jusqu'à 0,60 % de la valeur liquidative | Jusqu'à 0,60 % de la valeur liquidative | Jusqu'à 0,55 % de la valeur liquidative | Jusqu'à 0,55 % de la valeur liquidative | Jusqu'à 0,65 % de la valeur liquidative | Voir Prospectus |
| Commission de performance | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Charges et Commissions | 1,25 % de la valeur liquidative | S/O | 1,90 % de la valeur liquidative | 0,55 % de la valeur liquidative | 0,55 % de la valeur liquidative | 0,70 % de la valeur liquidative | 0,55 % de la valeur liquidative | S/O | Voir Prospectus |


### AJUSTEMENT DE DILUTION
Un ajustement de dilution peut être appliqué à la Valeur liquidative par Action du Fonds au cours d’un jour de négociation (i) si les souscriptions ou rachats nets dépassent le seuil déterminé à l’avance relatif à la Valeur liquidative du Fonds (lorsqu’un tel seuil est ponctuellement déterminé à l’avance pour le Fonds par le Gestionnaire) ou (ii) dans tout autre cas impliquant des souscriptions ou des rachats nets dans le Fonds, si le Gestionnaire ou ses délégués estiment raisonnablement que l’imposition d’un ajustement de dilution s’inscrira dans l’intérêt des Actionnaires existants.

### CATÉGORIES D’ACTIONS
Comme décrit plus particulièrement dans la section « Les Actions » du Prospectus, la Société propose 11 Catégories d’Actions avec diverses politiques de distribution, fréquences de distribution, politiques de couverture et devises dans chaque Catégorie. Le nouveau nom de chaque Catégorie d’Actions offertes par la Société permet aux Actionnaires d’identifier la politique de distribution, la fréquence de distribution, la politique de couverture et la devise d’une Catégorie en fonction de sous-classifications. Le tableau ci-dessous apporte des précisions sur les Catégories d’Actions du Fonds approuvées par la Banque Centrale, ainsi que sur les Catégories disponibles à l’achat à la date du présent Supplément.
Si, pour une catégorie d’actions donnée d’un fonds donné, aucune émission n’avait préalablement été faite ou s’il est procédé à une réémission, une souscription initiale sera alors possible : (i) à la/aux date(s) devant être déterminée(s) par le Gestionnaire et communiquée(s) à l’avance à la Banque centrale et (ii) le prix de l’offre initiale et le prix de réémission stipulés dans le Prospectus à la section intitulée « Offres initiales de catégories d’actions ». Dans le cas d’un Fonds au titre duquel une ou plusieurs Catégories d’Actions sont déjà émises, le prix de l’offre initiale par Action pour toute Catégorie d’Actions supplémentaire émise en rapport avec ledit Fonds pourra correspondre à la valeur liquidative par Action desdites autres Catégories d’Actions du Fonds concerné tel que fixé par le Gestionnaire et communiqué à l’avance à la Banque Centrale, ainsi qu’aux Actionnaires potentiels.
| CATÉGORIES D’ACTIONS approuvées par la Banque Centrale à la date du présent Supplément |
| --- |
| Catégorie s libellées en Dollars américain s | Catégorie s libellées en Euros | Catégorie s libellées en Livres sterling | Catégorie s libellées en Dollars de Hong Kong | Catégorie s libellées en Dollars australien s | Catégorie s libellées en Francs suisses | Catégorie s libellées en Dollars canadiens | Catégorie s libellées en Renminbi (CNH) | Catégorie s libellées en Couronne s suédoises | Catégorie s libellées en Dollars néo- zélandais | Catégorie s libellées en Dollars de Singapour | Catégories libellées en Couronnes norvégienne s |
|  | A2 EUR B2 EUR E2 EUR I2 EUR S2 EUR H2 EUR G2 EUR V2 EUR Z2 EUR A3 EUR A3s EUR A3q EUR A3m EUR A4q EUR A4m EUR A5m EUR H3 EUR H3m EUR H3q EUR | I2 HGBP I2 GBP S2 HGBP H2 GBP H2 HGBP G2 HGBP G2 GBP Z2 GBP Z2 HGBP | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF G2 HCHF Z2 CHF H3 HCHF H3q HCHF H3m HCHF G3 HCHF G3q HCHF G3m HCHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD | A2 HNOK I2 HNOK Z2 HNOK H2 HNOK |


### La période d’offre initiale pour toutes les Catégories d’Actions du Fonds
5 
débutera à 9 heures (heure d’Irlande) le 7 juillet 2020 et se terminera à 16 heures (heure de New York) le 7 janvier 2021 ou à toute autre date que le Gestionnaire pourra fixer et notifier à l’avance à la Banque Centrale.
5 À l’exception des Catégories suivantes pour lesquelles la période d’offre initiale a expiré : A2 EUR, I2 EUR, S2 EUR, U2 HCHF et U2 EUR.

### Supplément concernant le Fonds Janus Henderson Flexible Income Fund

### Le présent Supplément est établi en date du 26 février 2021.
Le présent Supplément contient des informations spécifiques au fonds Janus Henderson Flexible Income Fund (le « Fonds »), un compartiment de Janus Henderson Capital Funds plc (la « Société »). La Société est un OPCVM établi sous la forme d’une société d’investissement à capital variable avec séparation des passifs entre les Fonds, constituée en Irlande et régie par la Banque centrale.
Ce Supplément fait partie intégrante du dernier Prospectus et doit être lu conjointement avec celui-ci. Le Prospectus peut être révisé ou complété de temps à autre. Les termes commençant par une majuscule utilisés dans le présent Supplément, qui n'ont pas été définis dans les présentes, ont la même signification que dans le Prospectus.

### RÉSUMÉ

### Les informations reprises sous ce titre constituent un résumé des principales caractéristiques du Fonds et doivent être lues conjointement avec le texte complet de ce Supplément.
| Catégories d’Actions | Des précisions sur les Catégories d'Actions sont présentées ci-dessous à la section intitulée « Catégories d’Actions ». |
| --- | --- |
| L’attention des investisseurs est attirée sur le fait qu’à la date du présent Supplément, seules certaines Catégories d’Actions du Fonds sont actuellement ouvertes à la souscription. En outre, toutes les Catégories d’Actions ne sont pas disponibles dans toutes les juridictions. Les investisseurs sont priés de se mettre en rapport avec l’Agent de Distribution pour obtenir la liste des Catégories d’Actions à leur disposition. |
| Fréquence des souscriptions, rachats et échanges | Sauf indication contraire des Administrateurs et/ou du Gestionnaire, les souscriptions, les rachats et les échanges d’Actions peuvent être effectués tout Jour Ouvré en suivant les procédures décrites dans les sections du Prospectus intitulées « Comment acheter des Actions », « Comment obtenir le rachat d’Actions » et « Comment échanger ou céder des Actions ». |
| Souscriptions minimales | Les souscriptions initiales et ultérieures minimales applicables à chaque Catégorie au sein du Fonds sont spécifiées dans la section du Prospectus intitulée « Comment acheter des Actions ». |
| Adaptation des Catégories | L’adaptation des Catégories et l’éligibilité des investisseurs pour des Catégories particulières sont décrites à la section intitulée « Les Actions » du Prospectus. |
| Devise de base | Dollar US |


### OBJECTIF ET POLITIQUES D’INVESTISSEMENT
L’objectif d’investissement du Fonds est d’obtenir un rendement total maximal, tout en préservant le capital. Il est prévu que le rendement total provienne à la fois du revenu courant et de l’appréciation du capital, même si le revenu sera normalement sa composante principale. Le Fonds poursuit son objectif en investissant dans des titres productifs de revenus d’Émetteurs américains qui représentent en temps normal 80 %, mais jamais moins de 67 % de la valeur liquidative du Fonds. Le montant total du Fonds pouvant être investi dans des titres négociés sur les Marchés en développement est de 10 % de la valeur liquidative du Fonds.
Le Fonds peut investir en Actions de préférence et en tous types de Titres d’État et de Titres de Créance, y compris, ces Titres de Créance spécifiques convertibles ou échangeables en actions (également appelées parts de société) et les Titres de Créance donnant droit à l’acquisition d’actions, comme c’est le cas des warrants attachés à, ou acquis avec, ces titres. Le Fonds n’applique pas de critères définis concernant l’échéance ou la qualité. Ainsi son échéance et sa qualité moyennes peuvent varier considérablement. Le
Fonds peut investir jusqu’à 35 % de sa valeur liquidative en Titres de Créance ou en Actions de préférence de rang spéculatif (non Investment Grade) ou en Titres de Créance non notés dont le Conseiller en Investissement par Délégation estime la qualité similaire.
Le Fonds peut utiliser, à concurrence de 10 % de sa valeur liquidative, des techniques et instruments d’investissement tels que des contrats à terme normalisés, des options, des swaps et d’autres instruments financiers dérivés à des fins d’investissement, sous réserve des conditions et limites stipulées ponctuellement par la Banque Centrale.

### Objectif de performance : Surperformer l’indice Bloomberg Barclays US Aggregate Bond de 1,25 % par an, avant déduction des frais, sur toute période de 5 ans.
Le Fonds est géré activement en fonction de l’indice Bloomberg Barclays US Aggregate Bond, qui est largement représentatif des obligations dans lesquelles il peut investir et sur la base duquel l’objectif de performance du Fonds est défini. Le Conseiller en Investissement par Délégation a le pouvoir discrétionnaire de choisir des investissements pour le Fonds avec des pondérations différentes de l’indice ou n’y figurant pas, même si le Fonds peut parfois détenir des investissements similaires à l’indice. Les détails de la performance du Fonds sont disponibles dans les rapports annuels et semestriels, les documents de commercialisation et dans le DICI. Rien ne garantit que la performance du Fonds sera égale ou supérieure à cet indice de référence.
Le Conseiller en Investissement par Délégation cherche à identifier les meilleures opportunités sur les marchés obligataires selon un processus d’investissement ascendant axé sur les fondamentaux. Cette approche se fonde sur la conviction que certaines sociétés ont des forces inhérentes en matière de création de valeur pour les actionnaires au fil du temps, ont de meilleures perspectives que leurs homologues et devraient donc surclasser l’industrie, même dans des industries ou des circonstances économiques difficiles. Cette approche favorise la prise de décision au niveau macroéconomique, ainsi que les décisions tenant compte du risque et de l’allocation sectorielle.
Sous réserve des politiques d’investissement décrites ci-dessous, le Fonds peut investir dans une vaste gamme de Titres d’État et Titres de créance productifs de revenus, Titres indexés/structurés, titres adossés à des créances hypothécaires et à des actifs, émis ou garantis par un gouvernement d’un pays membre de l’OCDE, ou par ses agences ou organismes, ou par un émetteur privé, en titres à coupon zéro, en titres payant leurs intérêts en nature (ex. obligations payant un intérêt sous la forme d’obligations supplémentaires de même nature) et en Titres à Coupon Progressif, en actions de préférence et en actions versant des revenus, en REIT, en obligations convertibles, c’est-à-dire en Titres de créance assortis du droit d’acquérir des actions, comme l’attestent les warrants attachés à ces titres ou acquis avec ceux-ci, ou en Titres de créance convertibles en actions. Sous réserve des politiques d’investissement décrites dans les présentes, le Fonds peut investir en actions et autres titres de capital (tels que des obligations convertibles en actions). Le Fonds peut investir, directement ou indirectement (à savoir par l’intermédiaire de certificats américains d’actions étrangères, de certificats européens d’actions étrangères et de certificats internationaux d’actions étrangères) sur les marchés concernés. En outre, le Fonds peut acquérir des participations/cessions dans des prêts hypothécaires à taux variables ou d’autres prêts commerciaux qui sont liquides et permettront des ajustements de taux d’intérêt au moins tous les 397 jours et qui peuvent être garantis par des biens immobiliers ou d’autres actifs. Ces participations peuvent consister en des participations dans le prêt ou en cessions de celui-ci, ou peuvent être acquises auprès de banques, de courtiers qui ont consenti le prêt ou de membres du syndicat qui l’a mis en place. Ces participations ne dépasseront pas, au total, 10 % de la valeur liquidative du Fonds.
Le Fonds peut investir jusqu'à 35 % de sa valeur liquidativee en Titres de créance ou en actions de préférence ne bénéficiant pas d’une notation de Premier Ordre. Le Fonds peut également acquérir des titres en défaillance si, de l’avis du Conseiller en Investissement par Délégation concerné, il apparaît probable que l’émetteur pourra reprendre le paiement des intérêts ou si d’autres évolutions favorables semblent probables à court terme.
Le Fonds pourra investir jusqu’à concurrence de 5 % de sa valeur liquidative dans des titres d’autres Organismes de placement collectif admissibles. Un tel investissement englobe la possibilité d’investir dans d’autres Fonds. Cependant, le Fonds ne peut pas investir dans un autre Fonds détenant lui-même des Actions d’un autre Fonds. Lorsqu'il investit dans un autre Fonds, le Fonds ne peut pas prélever une commission annuelle de gestion de portefeuille et/ou de gestion administrative pour ce qui concerne la fraction de ses actifs qui sont investis dans l'autre Fonds.
Le Fonds peut investir en instruments financiers dérivés à des fins de gestion efficace du portefeuille. Les investissements du Fonds en instruments dérivés seront soumis aux limites stipulées dans la politique d’investissement du Fonds ainsi qu’aux conditions et limites éventuellement stipulées par la Banque centrale. Dans certaines circonstances, le Fonds utilisera des instruments financiers dérivés comme levier. Le Fonds est autorisé à des fins d’investissement à investir jusqu’à 10 % de sa valeur liquidative dans des instruments financiers dérivés. Le montant maximal d’effet de levier (lorsqu’il est calculé en utilisant l’approche d’engagement) que le Fonds peut créer grâce à l’utilisation d’instruments financiers dérivés est de 100 % de la valeur liquidative du Fonds. Toutefois, les Actionnaires doivent noter que, compte tenu de la nature des instruments dérivés et du fait que ces instruments peuvent être négociés à la marge, un relativement faible mouvement défavorable du cours du sous-jacent d’un instrument dérivé donné peut entraîner des mouvements immédiats et importants de l’exposition du Fonds à cet instrument dérivé. Si les limites d’exposition liées à un instrument dérivé devaient être supérieures pour des raisons échappant au contrôle du Fonds, celui-ci aura pour priorité de remédier à cette situation en tenant compte des intérêts de ses Actionnaires.

### UTILISATION DE MESURES DÉFENSIVES TEMPORAIRES
Dans certaines circonstances, à titre temporaire et exceptionnel, lorsque le Conseiller en Investissement ou le Conseiller en Investissement par Délégation concerné estime qu’il en va de l’intérêt des Actionnaires, le Fonds pourra effectuer quelques entorses à ses politiques d’investissement telles qu’elles figurent ci-dessus. Pour de plus amples informations, se référer à la section « Utilisation de mesures défensives temporaires » du Prospectus.

### PROFIL DE L’INVESTISSEUR TYPE

### Le Fonds s’adresse à une grande diversité d’investisseurs, qui recherchent l’accès à un portefeuille géré dans le respect d’un objectif et d’une politique d’investissement spécifiques.
L’investisseur potentiel doit choisir la Catégorie qui correspond le mieux à ses besoins. En sélectionnant une Catégorie, les investisseurs potentiels doivent prendre en considération les éléments suivants :
- le montant qu’ils prévoient d’investir ;
- la durée de détention prévue des Actions ;
- les frais payés au titre de chaque Catégorie ;
- l’admissibilité des Actionnaires au bénéfice d’une renonciation ou d’un abandon des droits d’entrée ;
- la devise de la catégorie d’actions.


### LIMITES D'INVESTISSEMENTS

### Chacun des investissements du Fonds sera limité aux investissements autorisés par le Règlement sur les OPCVM et d'autres limites applicables stipulées à l'Annexe 4 du Prospectus.

### UTILISATION D’INSTRUMENTS ET DE TECHNIQUES D’INVESTISSEMENT ET D’INSTRUMENTS FINANCIERS DÉRIVÉS
Sous réserve de la capacité du Fonds à investir dans des instruments financiers dérivés à des fins d'investissement, comme indiqué à la section « Objectif et Politiques d’investissement » ci-dessus, le Conseillers en Investissement par Délégation peut seulement employer des instruments et des techniques d’investissement tels que des contrats à terme normalisés, des options, des swaps et autres instruments financiers dérivés pour une gestion efficace du portefeuille (à savoir une réduction des risques, une réduction des coûts et la génération de capital ou de revenu supplémentaire pour le Fonds) et le Conseiller en Investissement par Délégation est tenu de se conformer aux conditions et restrictions stipulées périodiquement par la Banque centrale. De plus amples informations figurent aux sections « Utilisation d'instruments et de techniques d'investissement et d'instruments financiers dérivés » et « Types et description d'instruments financiers dérivés » du Prospectus.
La principale méthode de calcul de l’exposition globale pour le Fonds est l'approche d'engagement. Cependant, le modèle de la VaR ne sera utilisé que lorsque le volume d’instruments dérivés utilisé est plus

### élevé ou la mise en œuvre des stratégies de produits dérivés est plus complexe ou lorsque le profil de risque du Fonds a connu un certain changement.

### RÈGLEMENT SUR LES OPÉRATIONS DE FINANCEMENT SUR TITRES
Comme décrit plus particulièrement dans la section « Réglementation des opérations de financement de titres » du Prospectus, sous réserve des limites d’investissement indiquées en Annexe 4 du Prospectus, ainsi que des limites d’investissement définies à la section « Objectif et politiques d’investissement » du Supplément : (a) en ce qui concerne les investissements autorisés dans les swaps sur rendement total, le Fonds peut investir au maximum 10 % de sa Valeur liquidative ; et (b) le Fonds peut investir au maximum 100
% de sa Valeur liquidative dans des Opérations de financement sur titres. Sous réserve des limites susmentionnées, le Fonds devrait en général investir entre 0 et 20 % de sa Valeur liquidative dans des swaps sur rendement total et des Opérations de financement sur titres.

### FACTEURS DE RISQUE ET CONSIDÉRATIONS PARTICULIÈRES
L’attention des investisseurs est attirée sur les facteurs de risque et autres considérations particulières qui sont décrits dans le Prospectus à la section intitulée « Facteurs de risque et considérations particulières » et qui peuvent affecter le Fonds. Cette liste de facteurs de risque liés aux investissements dans le Fonds n’est pas exhaustive, et l’attention de l’investisseur est attirée sur la description des instruments financiers qui apparaît à la section « Objectif et politiques d’investissement ».

### POLITIQUE DE DISTRIBUTION
Telles que décrites plus particulièrement dans le Prospectus à la section « Les Actions » et dans le Supplément à la section intitulée « Catégories d'Actions », les Catégories d’Actions de Distribution peuvent différer en termes de fréquence de distribution. Les Catégories d’Actions de Distribution peuvent effectuer des distributions de façon mensuelle, trimestrielle, semestrielle ou annuelle, tel que déterminé moment du lancement de la Catégorie d’Actions concernée. La fréquence de distribution des Catégories d’Actions est indiquée dans le tableau ci-dessous :
| Fréquence de distribution | Dates de déclaration de distribution |
| --- | --- |
| Catégories d’Actions de capitalisation |
| Sans objet | Sans objet |
| Catégories d’Actions de Distribution |
| Mensuelle | Mensuelle, en principe le 15 de chaque mois à moins que ce jour ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Trimestrielle | Trimestrielle, normalement le 15 janvier, le 15 avril, le 15 juillet et le 15 octobre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Semestrielle | Semestrielle, en principe le 15 avril et le 15 octobre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Annuelle | Annuelle, en principe le 15 octobre à moins qu’il ne s’agisse pas d’un Jour Ouvré, auquel cas la |

| Fréquence de distribution | Dates de déclaration de distribution |
| --- | --- |
|  | distribution sera déclarée le dernier Jour Ouvré qui précède la date mentionnée. |


### HEURES LIMITES DE NÉGOCIATION ET HEURES DE RÈGLEMENT
Les ordres de souscription d’Actions reçus et acceptés par ou au nom de l’Agent de transfert ou la Société et/ou le Gestionnaire avant l’Heure Limite de Négociation au cours d’un Jour Ouvré repris dans les tableaux ci-dessous seront traités au prix de l’offre déterminé ce Jour Ouvré. Les ordres de souscription d’Actions reçus par ou au nom de l’Agent de transfert ou de la Société et/ou du Gestionnaire après l’Heure Limite de Négociation un Jour Ouvré seront traités au prix de l’offre déterminé le Jour Ouvré suivant. Si le paiement des ordres de souscription n’est pas reçu à l’Heure de Règlement correspondante, une souscription peut être annulée ou l’Actionnaire peut être amené à payer des intérêts sur les montants de souscription non soldés aux taux normaux en vigueur. Dans ce cas, l’Agent de Distribution ou l’Actionnaire peut être tenu responsable de toute perte subie par le Fonds.
Le traitement des ordres de rachat est assujetti à la réception et l’acceptation par ou au nom de l’Agent de transfert, la Société et/ou le Gestionnaire d’un ordre de rachat valable. Sous réserve des dispositions de la section « Limites de rachat » dans le Prospectus, les ordres de rachat reçus et acceptés par ou au nom de l’Agent de transfert ou par la Société ou par le Gestionnaire avant l’Heure Limite de Négociation un Jour Ouvré seront traités à la valeur liquidative par Action déterminée ce Jour Ouvré.
| Souscription | Heure Limite de Négociation | Heure de Règlement |
| --- | --- | --- |
| Souscriptions (autres que les Actions de Catégorie Z) | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |
| Souscriptions effectuées directement auprès de l’Agent de Transfert par des Investisseurs Institutionnels Éligibles/Actions de Catégorie Z | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | 15h30, heure de Londres J |
| Rachat | Heure Limite de Négociation | Heure de Règlement |
| Tous les Rachats | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |


### LE CONSEILLER EN INVESTISSEMENT PAR DÉLÉGATION
Le Gestionnaire a désigné JCIL en tant que conseiller en investissement de la Société. À la date du présent Supplément, JCIL a délégué à JCM la responsabilité de fournir des services discrétionnaires de conseil et de gestion de portefeuille, concernant tout ou partie des actifs du Fonds.

### CHARGES ET COMMISSIONS
Les charges et commissions auxquelles est soumis tout investissement dans un Fonds (comprenant les droits d’entrée, les droits de sortie conditionnels différés (CDSC), l’ajustement de la dilution, une commission de gestion et une commission de distribution) sont décrits en détail dans le Prospectus à la section « Charges et
Commissions », dont un résume figure ci-dessous. Les Charges et Commissions sur les Catégories d’Actions de capital peuvent imputer certaines commissions et charges sur le capital plutôt que sur les revenus.
| Type de commission | Actions de Catégorie A | Actions de Catégorie B | Actions de Catégorie E | Actions de Catégorie G | Actions de Catégorie H | Actions de Catégorie I | Actions de Catégorie S | Actions de Catégorie V | Actions de Catégorie Z |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Droit d'entrée | Jusqu'à 5,00 % du montant souscrit | S/O | Jusqu'à 1,00 % du montant souscrit | S/O | S/O | Jusqu'à 2,00 % du montant souscrit | Jusqu'à 2,00 % du montant souscrit | S/O | S/O |
| CDSC Moins d'un an depuis l’achat - à 2 ans
- à 3 ans
- à 4 ans Plus de 4 ansdepuis l’achat
 | S/O | 4 % 3 % 2 % 1 % 0 % | S/O | S/O | S/O | S/O | S/O | 3 % 2 % 1 % 0 % - | S/O |
| Commissions de services aux Actionnaires | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 1,00 % de la valeur liquidative | S/O | S/O | S/O | S/O | Jusqu'à 0,75 % de la valeur liquidative | S/O |
| Commission de distribution | S/O | Jusqu'à 1,00 % de la valeur liquidative | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Commission de gestion d’investissem ent | Jusqu'à 1,00 % de la valeur liquidative | Jusqu'à 1,00 % de la valeur liquidative | Jusqu'à 1,00 % de la valeur liquidative | Jusqu'à 0,60 % de la valeur liquidative | Jusqu'à 0,60 % de la valeur liquidative | Jusqu'à 0,55 % de la valeur liquidative | Jusqu'à 0,55 % de la valeur liquidative | Jusqu'à 1,00 % de la valeur liquidative | Voir Prospectus |
| Commission de performance | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Charges et Commissions | 2,25 % de la valeur liquidative | 3,25 % de la valeur liquidative | 2,50 % de la valeur liquidative | 0,85 % de la valeur liquidative | 0,85 % de la valeur liquidative | 0,80 % de la valeur liquidative | 0,80 % de la valeur liquidative | 2,25 % de la valeur liquidative | Voir Prospectus |


### AJUSTEMENT DE DILUTION
Un ajustement de dilution peut être appliqué à la Valeur liquidative par Action du Fonds au cours d’un jour de négociation (i) si les souscriptions ou rachats nets dépassent le seuil déterminé à l’avance relatif à la Valeur liquidative du Fonds (lorsqu’un tel seuil est ponctuellement déterminé à l’avance pour le Fonds par le Gestionnaire) ou (ii) dans tout autre cas impliquant des souscriptions ou des rachats nets dans le Fonds, si le Gestionnaire ou ses délégués estiment raisonnablement que l’imposition d’un ajustement de dilution s’inscrira dans l’intérêt des Actionnaires existants.

### CATÉGORIES D’ACTIONS
Comme décrit plus particulièrement dans la section « Les Actions » du Prospectus, la Société propose 11 Catégories d’Actions avec diverses politiques de distribution, fréquences de distribution, politiques de couverture et devises dans chaque Catégorie. Le nouveau nom de chaque Catégorie d’Actions offertes par la Société permet aux Actionnaires d’identifier la politique de distribution, la fréquence de distribution, la politique de couverture et la devise d’une Catégorie en fonction de sous-classifications. Le tableau ci-dessous apporte des précisions sur les Catégories d’Actions du Fonds approuvées par la Banque Centrale, ainsi que sur les Catégories disponibles à l’achat à la date du présent Supplément.
Si, pour une catégorie d’actions donnée d’un fonds donné, aucune émission n’avait préalablement été faite ou s’il est procédé à une réémission, une souscription initiale sera alors possible : (i) à la/aux date(s) devant
être déterminée(s) par le Gestionnaire et communiquée(s) à l’avance à la Banque centrale et (ii) le prix de l’offre initiale et le prix de réémission stipulés dans le Prospectus à la section intitulée « Offres initiales de catégories d’actions ». Dans le cas d’un Fonds au titre duquel une ou plusieurs Catégories d’Actions sont déjà émises, le prix de l’offre initiale par Action pour toute Catégorie d’Actions supplémentaire émise en rapport avec ledit Fonds pourra correspondre à la valeur liquidative par Action desdites autres Catégories d’Actions du Fonds concerné tel que fixé par le Gestionnaire et communiqué à l’avance à la Banque Centrale, ainsi qu’aux Actionnaires potentiels.
| CATÉGORIES D’ACTIONS approuvées par la Banque Centrale à la date du présent Supplément |
| --- |
| Catégories libellées en Dollars américains | Catégories libellées en Euros | Catégories libellées en Livres sterling | Catégories libellées en Dollars de Hong Kong | Catégories libellées en Dollars australiens | Catégories libellées en Francs suisses | Catégories libellées en Dollars canadiens | Catégories libellées en Renminbi (CNH) | Catégories libellées en Couronnes suédoises | Catégories libellées en Dollars néo- zélandais | Catégories libellées en Dollars de Singapour |
| A2 USD B2 USD E2 USD I2 USD S2 USD H2 USD G2 USD V2 USD Z2 USD A3 m USD B1 m USD E3 m USD I1m USD H1m USD V3 m USD A3 USD A3s USD A3q USD A4q USD A4m USD A5m USD I1 USD I3 USD I3s USD I3q USD I3m USD I4q USD I4m USD I5m USD H1 USD H3 USD H3s USD H3q USD H3m USD H4q USD H4m USD H5m USD G1 USD G3 USD G3s USD G3q USD G3m USD G4q USD G4m USD G5m USD E1 USD E3 USD E3s USD E3q USD E4q USD E4m USD E5m USD | A2 HEUR B2 HEUR E2 HEUR I2 HEUR S2 HEUR H2 HEUR G2 HEUR V2 HEUR Z2 EUR Z2 HEUR B1m HEUR E3m HEUR A3 HEUR A3s HEUR A3q HEUR A3m HEUR A4q HEUR A4m HEUR A5m HEUR I1 HEUR I3 HEUR I3s HEUR I3q HEUR I3m HEUR I4q HEUR I4m HEUR I5m HEUR H1 HEUR H3 HEUR H3s HEUR H3q HEUR H3m HEUR H4q HEUR H4m HEUR H5m HEUR G1 HEUR G3 HEUR G3s HEUR G3q HEUR G3m HEUR G4q HEUR G4m HEUR G5m HEUR E1 HEUR E3 HEUR E3s HEUR E3q HEUR E4q HEUR E4m HEUR E5m HEUR A2 EUR A3m EUR I2 EUR I3m EUR H2 EUR H3m EUR G2 EUR G3m EUR | I2 HGBP I2 GBP H2 HGBP G2 HGBP G2 GBP S2 HGBP H2 GBP Z2 GBP Z2 HGBP H1 HGBP H3 HGBP H3s HGBP H3q HGBP H3m HGBP H4q HGBP H4m HGBP H5m HGBP G1 HGBP G3 HGBP G3s HGBP G3q HGBP G3m HGBP G4q HGBP G4m HGBP G5m HGBP I1 HGBP I3 HGBP I3s HGBP I3q HGBP I3m HGBP I4q HGBP I4m HGBP I5m HGBP | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD A3 m HKD A3 HKD A3s HKD A3q HKD A4q HKD A4m HKD A5m HKD I1 HKD I3 HKD I3s HKD I3q HKD I3m HKD I4q HKD I4m HKD I5m HKD H1 HKD H3 HKD H3s HKD H3q HKD H3m HKD H4q HKD H4m HKD H5m HKD G1 HKD G3 HKD G3s HKD G3q HKD G3m HKD G4q HKD G4m HKD G5m HKD E1 HKD E3 HKD E3s HKD E3q HKD E3m HKD E4q HKD E4m HKD E5m HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD A3 m HAUD V3 m HAUD A3 HAUD A3s HAUD A3q HAUD A4q HAUD A4m HAUD A5m HAUD I1 HAUD I3 HAUD I3s HAUD I3q HAUD I3m HAUD I4q HAUD I4m HAUD I5m HAUD H1 HAUD H3 HAUD H3s HAUD H3q HAUD H3m HAUD H4q HAUD H4m HAUD H5m HAUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF G2 HCHF Z2 CHF A3 HCHF A3s HCHF A3q HCHF A3m HCHF A4q HCHF A4m HCHF A5m HCHF I1 HCHF I3 HCHF I3s HCHF I3q HCHF I3m HCHF I4q HCHF I4m HCHF I5m HCHF H1 HCHF H3 HCHF H3s HCHF H3q HCHF H3m HCHF H4q HCHF H4m HCHF H5m HCHF G1 HCHF G3 HCHF G3s HCHF G3q HCHF G3m HCHF G4q HCHF G4m HCHF G5m HCHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH A5m HCNH A3 HCNH A3s HCNH A3q HCNH A3m HCNH A4q HCNH A4m HCNH A5m HCNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD A3 HSGD A3s HSGD A3q HSGD A3m HSGD A4q HSGD A4m HSGD A5m HSGD A3 SGD A3s SGD A3q SGD A3m SGD A4q SGD A4m SGD A5m SGD I1 HSGD I3 HSGD I3s HSGD I3q HSGD I3m HSGD I4q HSGD I4m HSGD I5m HSGD I1 SGD I3 SGD I3s SGD I3q SGD I3m SGD I4q SGD I4m SGD I5m SGD |


### Supplément concernant le Fonds

### Janus Henderson Global Flexible Income Fund6

### Le présent Supplément est établi en date du 26 février 2021.
Le présent Supplément contient des informations spécifiques au fonds Janus Henderson Global Flexible Income Fund (le « Fonds »), un compartiment de Janus Henderson Capital Funds plc (la « Société »). La Société est un OPCVM établi sous la forme d’une société d’investissement à capital variable avec séparation des passifs entre les Fonds, constituée en Irlande et régie par la Banque centrale.
Ce Supplément fait partie intégrante du dernier Prospectus et doit être lu conjointement avec celui-ci. Le Prospectus peut être révisé ou complété de temps à autre. Les termes commençant par une majuscule utilisés dans le présent Supplément, qui n'ont pas été définis dans les présentes, ont la même signification que dans le Prospectus.

### RÉSUMÉ

### Les informations reprises sous ce titre constituent un résumé des principales caractéristiques du Fonds et doivent être lues conjointement avec le texte complet de ce Supplément.
| Catégories d’Actions | Ce Fonds est fermé aux nouvelles souscriptions (y compris aux échanges à destination du Fonds). Il est en cours de liquidation. |
| --- | --- |
| Sans objet. |
| Fréquence des souscriptions, rachats et échanges | Sans objet. |
| Souscriptions minimales | Sans objet. |
| Adaptation des Catégories | Sans objet. |
| Devise de base | Dollar US |


### OBJECTIF ET POLITIQUES D’INVESTISSEMENT
L’objectif d’investissement du Fonds est de réaliser un rendement total tout en préservant le capital. Il est prévu que le rendement total provienne à la fois du revenu courant et de l’appréciation du capital, même si le revenu sera normalement sa composante principale. Les investissements dans des titres productifs de revenus d’émetteurs situés partout dans le monde, y compris d’émetteurs situés dans les Marchés en développement, représentent en temps normal au moins 80 % de la valeur liquidative du Fonds. Le Fonds peut investir en Actions de préférence et en tous types de Titres d’État et de Titres de Créance, y compris, en particulier, les Titres de créance convertibles ou échangeables en titres de capital et les Titres de Créance donnant droit à l’acquisition de titres de capital, comme c’est le cas des warrants attachés à, ou acquis avec, ces titres. (Les titres convertibles dans lesquels le Fonds peut investir ne comporteront pas de dérivés incorporés.) Le Fonds n’applique pas de critères définis concernant l’échéance ou la qualité. Ainsi son échéance et sa qualité moyennes peuvent varier considérablement. Le Fonds peut investir sans limitation en Titres de Créance ou en Actions de préférence de rang spéculatif (non Investment Grade) ou en Titres de Créance non notés dont le Conseiller en Investissement par Délégation estime la qualité similaire. Il peut détenir d’importantes positions dans ce type de titres. Le Fonds peut employer des techniques et instruments d’investissement tels que les contrats à terme normalisés, les options et les swaps et autres instruments
6 
Ce Fonds est fermé aux nouvelles souscriptions (y compris aux échanges à destination du Fonds). Il est en cours de liquidation.
financiers dérivés en vue d’une gestion efficace du portefeuille (à savoir, réduire les risques, diminuer les coûts et accroître le capital ou les revenus du Fonds) ou à des fins d’investissement, tel que décrit à la section
« Types et description des instruments dérivés » du présent Prospectus, sous réserve des conditions et limites stipulées périodiquement par la Banque centrale. En raison de son exposition aux titres de qualité inférieure (below Investment Grade) et aux Marchés en développement, un investissement dans le Fonds ne doit pas représenter une part substantielle d’un portefeuille d’investissement et peut ne pas convenir à tous les investisseurs.
Sous réserve des politiques d’investissement décrites ci-dessous, le Fonds peut investir dans une vaste gamme de Titres d’État et Titres de créance productifs de revenus, Titres indexés/structurés, titres adossés à des créances hypothécaires et à des actifs, émis ou garantis par un gouvernement d’un pays membre de l’OCDE, ou par ses agences ou organismes, ou par un émetteur privé, en titres à coupon zéro, en titres payant leurs intérêts en nature (ex. obligations payant un intérêt sous la forme d’obligations supplémentaires de même nature) et en Titres à Coupon Progressif, en actions de préférence et en actions versant des revenus, en REIT, en obligations convertibles, c’est-à-dire en Titres de créance assortis du droit d’acquérir des actions, comme l’attestent les warrants attachés à ces titres ou acquis avec ceux-ci, ou en Titres de créance convertibles en actions. Sous réserve des politiques d’investissement décrites dans les présentes, le Fonds peut investir en actions et autres titres de capital (tels que des obligations convertibles en actions). Le Fonds peut investir, directement ou indirectement (à savoir par l’intermédiaire de certificats américains d’actions étrangères, de certificats européens d’actions étrangères et de certificats internationaux d’actions étrangères) sur les marchés concernés. En outre, le Fonds peut acquérir des participations/cessions dans des prêts hypothécaires à taux variables ou d’autres prêts commerciaux qui sont liquides et permettront des ajustements de taux d’intérêt au moins tous les 397 jours et qui peuvent être garantis par des biens immobiliers ou d’autres actifs. Ces participations peuvent consister en des participations dans le prêt ou en cessions de celui-ci, ou peuvent être acquises auprès de banques, de courtiers qui ont consenti le prêt ou de membres du syndicat qui l’a mis en place. Ces participations ne dépasseront pas, au total, 10 % de la valeur liquidative du Fonds.
Sous réserve des politiques d’investissement décrites dans les présentes, le Fonds peut investir sans limitation en Titres de Créance ou en actions de préférence de rang spéculatif (non Investment Grade). Le Fonds peut également acquérir des titres en défaillance si, de l’avis du Conseiller en Investissement par Délégation concerné, il apparaît probable que l’émetteur pourra reprendre le paiement des intérêts ou si d’autres évolutions favorables semblent probables à court terme.
Le Fonds pourra investir jusqu’à concurrence de 5 % de sa valeur liquidative dans des titres d’autres Organismes de placement collectif admissibles. Un tel investissement englobe la possibilité d’investir dans d’autres Fonds. Cependant, le Fonds ne peut pas investir dans un autre Fonds détenant lui-même des Actions d’un autre Fonds. Lorsqu'il investit dans un autre Fonds, le Fonds ne peut pas prélever une commission annuelle de gestion de portefeuille et/ou de gestion administrative pour ce qui concerne la fraction de ses actifs qui sont investis dans l'autre Fonds.
Le Fonds peut investir en instruments financiers dérivés à des fins de gestion efficace du portefeuille. Les investissements du Fonds en instruments dérivés seront soumis aux limites stipulées dans la politique d’investissement du Fonds ainsi qu’aux conditions et limites éventuellement stipulées par la Banque centrale. Dans certaines circonstances, le Fonds utilisera des instruments financiers dérivés comme levier. Le Fonds est autorisé à des fins d’investissement à investir jusqu’à 100 % de sa valeur liquidative dans des instruments financiers dérivés. Le montant maximal d’effet de levier (lorsqu’il est calculé en utilisant l’approche d’engagement) que le Fonds peut créer grâce à l’utilisation d’instruments financiers dérivés est de 100 % de la valeur liquidative du Fonds. Toutefois, les Actionnaires doivent noter que, compte tenu de la nature des instruments dérivés et du fait que ces instruments peuvent être négociés à la marge, un relativement faible mouvement défavorable du cours du sous-jacent d’un instrument dérivé donné peut entraîner des mouvements immédiats et importants de l’exposition du Fonds à cet instrument dérivé. Si les limites d’exposition liées à un instrument dérivé devaient être supérieures pour des raisons échappant au contrôle du Fonds, celui-ci aura pour priorité de remédier à cette situation en tenant compte des intérêts de ses Actionnaires.

### UTILISATION DE MESURES DÉFENSIVES TEMPORAIRES
Dans certaines circonstances, à titre temporaire et exceptionnel, lorsque le Conseiller en Investissement ou le Conseiller en Investissement par Délégation concerné estime qu’il en va de l’intérêt des Actionnaires, le
Fonds pourra effectuer quelques entorses à ses politiques d’investissement telles qu’elles figurent ci-dessus. Pour de plus amples informations, se référer à la section « Utilisation de mesures défensives temporaires » du Prospectus.

### PROFIL DE L’INVESTISSEUR TYPE

### Le Fonds s’adresse à une grande diversité d’investisseurs, qui recherchent l’accès à un portefeuille géré dans le respect d’un objectif et d’une politique d’investissement spécifiques.
L’investisseur potentiel doit choisir la Catégorie qui correspond le mieux à ses besoins. En sélectionnant une Catégorie, les investisseurs potentiels doivent prendre en considération les éléments suivants :
- le montant qu’ils prévoient d’investir ;
- la durée de détention prévue des Actions ;
- les frais payés au titre de chaque Catégorie ;
- l’admissibilité des Actionnaires au bénéfice d’une renonciation ou d’un abandon des droits d’entrée ;
- la devise de la catégorie d’actions.


### LIMITES D'INVESTISSEMENTS

### Chacun des investissements du Fonds sera limité aux investissements autorisés par le Règlement sur les OPCVM et d'autres limites applicables stipulées à l'Annexe 4 du Prospectus.

### UTILISATION D’INSTRUMENTS ET DE TECHNIQUES D’INVESTISSEMENT ET D’INSTRUMENTS FINANCIERS DÉRIVÉS
Sous réserve de la capacité du Fonds à investir dans des instruments financiers dérivés à des fins d'investissement, comme indiqué à la section « Objectif et Politiques d’investissement » ci-dessus, le Conseillers en Investissement par Délégation peut seulement employer des instruments et des techniques d’investissement tels que des contrats à terme normalisés, des options, des swaps et autres instruments financiers dérivés pour une gestion efficace du portefeuille (à savoir une réduction des risques, une réduction des coûts et la génération de capital ou de revenu supplémentaire pour le Fonds) et le Conseiller en Investissement par Délégation est tenu de se conformer aux conditions et restrictions stipulées périodiquement par la Banque centrale. De plus amples informations figurent aux sections « Utilisation d'instruments et de techniques d'investissement et d'instruments financiers dérivés » et « Types et description d'instruments financiers dérivés » du Prospectus.
La principale méthode de calcul de l’exposition globale pour le Fonds est l'approche d'engagement. Cependant, le modèle de la VaR ne sera utilisé que lorsque le volume d’instruments dérivés utilisé est plus élevé ou la mise en œuvre des stratégies de produits dérivés est plus complexe ou lorsque le profil de risque du Fonds a connu un certain changement.

### RÈGLEMENT SUR LES OPÉRATIONS DE FINANCEMENT SUR TITRES
Comme décrit plus particulièrement dans la section « Réglementation des opérations de financement sur titres » du Prospectus, sous réserve des limites d’investissement indiquées en Annexe 4 du Prospectus, ainsi que des limites d’investissement définies à la section « Objectif et politiques d’investissement » du Supplément : (a) en ce qui concerne les investissements autorisés dans les swaps sur rendement total, le Fonds peut investir au maximum 100 % de sa Valeur liquidative ; et (b) le Fonds peut investir au maximum 100 % de sa Valeur liquidative dans des Opérations de financement sur titres. Sous réserve des limites susmentionnées, le Fonds devrait en général investir entre 0 et 20 % de sa Valeur liquidative dans des swaps sur rendement total et des Opérations de financement sur titres.

### FACTEURS DE RISQUE ET CONSIDÉRATIONS PARTICULIÈRES
L’attention des investisseurs est attirée sur les facteurs de risque et autres considérations particulières qui sont décrits dans le Prospectus à la section intitulée « Facteurs de risque et considérations particulières » et qui peuvent affecter le Fonds. Cette liste de facteurs de risque liés aux investissements dans le Fonds n’est

### pas exhaustive, et l’attention de l’investisseur est attirée sur la description des instruments financiers qui apparaît à la section « Objectif et politiques d’investissement ».

### POLITIQUE DE DISTRIBUTION

### Ce Fonds est fermé aux nouvelles souscriptions (y compris aux échanges à destination du Fonds). Il est en cours de liquidation.

### HEURES LIMITES DE NÉGOCIATION ET HEURES DE RÈGLEMENT

### Ce Fonds est fermé aux nouvelles souscriptions (y compris aux échanges à destination du Fonds). Il est en cours de liquidation.

### LE CONSEILLER EN INVESTISSEMENT PAR DÉLÉGATION
Le Gestionnaire a désigné JCIL en tant que conseiller en investissement de la Société. À la date du présent Supplément, JCIL a délégué à JCM et HGIL la responsabilité de fournir des services discrétionnaires de conseil et de gestion de portefeuille, concernant tout ou partie des actifs du Fonds.

### CHARGES ET COMMISSIONS

### Ce Fonds est fermé aux nouvelles souscriptions (y compris aux échanges à destination du Fonds). Il est en cours de liquidation.

### AJUSTEMENT DE DILUTION

### Ce Fonds est fermé aux nouvelles souscriptions (y compris aux échanges à destination du Fonds). Il est en cours de liquidation.

### CATÉGORIES D’ACTIONS

### Ce Fonds est fermé aux nouvelles souscriptions (y compris aux échanges à destination du Fonds). Il est en cours de liquidation.
| CATÉGORIES D’ACTIONS approuvées par la Banque Centrale à la date du présent Supplément |
| --- |
| Catégories libellées en Dollars américains | Catégories libellées en Euros | Catégories libellées en Livres sterling | Catégories libellées en Dollars de Hong Kong | Catégories libellées en Dollars australiens | Catégories libellées en Francs suisses | Catégories libellées en Dollars canadiens | Catégories libellées en Renminbi (CNH) | Catégories libellées en Couronnes suédoises | Catégories libellées en Dollars néo- zélandais | Catégories libellées en Dollars de Singapour |
| S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O |


### Supplément concernant le Fonds Janus Henderson Fixed Maturity Bond Fund I

### Le présent Supplément est établi en date du 26 février 2021.
Le présent Supplément contient des informations spécifiques au fonds Janus Henderson Fixed Maturity Bond Fund I (le « Fonds »), un compartiment de Janus Henderson Capital Funds plc (la « Société »). La Société est un OPCVM établi sous la forme d’une société d’investissement à capital variable avec séparation des passifs entre les Fonds, constituée en Irlande et régie par la Banque centrale.
Ce Supplément fait partie intégrante du dernier Prospectus et doit être lu conjointement avec celui-ci. Le Prospectus peut être révisé ou complété de temps à autre. Les termes commençant par une majuscule utilisés dans le présent Supplément, qui n'ont pas été définis dans les présentes, ont la même signification que dans le Prospectus.

### RÉSUMÉ

### Les informations reprises sous ce titre constituent un résumé des principales caractéristiques du Fonds et doivent être lues conjointement avec le texte complet de ce Supplément.
| Catégories d’Actions | Des précisions sur les Catégories d'Actions sont présentées ci-dessous à la section intitulée « Catégories d’Actions ». |
| --- | --- |
| L’attention des investisseurs est attirée sur le fait qu’à la date du présent Supplément, seules certaines Catégories d’Actions du Fonds sont actuellement ouvertes à la souscription. En outre, toutes les Catégories d’Actions ne sont pas disponibles dans toutes les juridictions. Les investisseurs sont priés de se mettre en rapport avec l’Agent de Distribution pour obtenir la liste des Catégories d’Actions à leur disposition. |
| Fréquence des souscriptions, rachats et échanges | Sauf indication contraire des Administrateurs et/ou du Gestionnaire, les souscriptions, les rachats et les échanges d’Actions peuvent être effectués tout Jour Ouvré en suivant les procédures décrites dans les sections du Prospectus intitulées « Comment acheter des Actions », « Comment obtenir le rachat d’Actions » et « Comment échanger ou céder des Actions ». |
| Souscriptions minimales | Les souscriptions initiales et ultérieures minimales applicables à chaque Catégorie au sein du Fonds sont spécifiées dans la section du Prospectus intitulée « Comment acheter des Actions ». |
| Adaptation des Catégories | L’adaptation des Catégories et l’éligibilité des investisseurs pour des Catégories particulières sont décrites à la section intitulée « Les Actions » du Prospectus. |
| Devise de base | Dollar US |


### OBJECTIF ET POLITIQUES D’INVESTISSEMENT
Le Fonds vise à générer un revenu annuel de 4 % pendant la durée du fonds assorti d’un potentiel de croissance du capital avant la déduction des frais. Aucune garantie n’est fournie quant au montant du revenu ou à la valorisation. La valeur des actions à la fin de la période peut être inférieure à la valeur obtenue lors de l’investissement en raison de la politique de distribution du Fonds ou des fluctuations du marché.
Le Fonds poursuit son objectif d’investissement en investissant au moins 80 % de sa valeur liquidative dans des Titres de Créance d’émetteurs du monde entier (y compris sur les Marchés en développement). Le Fonds peut investir jusqu’à concurrence de 50 % de sa valeur liquidative sur des Marchés en développement. Les placements typiques dans lesquels le Fonds a la possibilité d’investir peuvent être constitués, sans toutefois s’y limiter, de crédits aux entreprises, titres des pays émergents, de titres à rendement élevé, de titres garantis
par des hypothèques et de titres garantis par des actifs. Le Fonds peut investir jusqu’à 50 % de sa valeur liquidative en Titres de Créance ou en actions privilégiées ne bénéficiant pas d’une notation de Premier Ordre, ou bien en Titres de Créance non notés dont le Conseiller en Investissement par Délégation concerné estime la qualité similaire, tout en cherchant à maintenir une notation de crédit moyenne de Premier Ordre vis-à-vis d’un portefeuille.
Le Fonds détiendra généralement des titres arrivant à échéance pendant la période d’activité du Fonds. Bien qu’il soit prévu que le Fonds détienne des titres jusqu’à leur échéance, le Conseiller en Investissement par Délégation a le pouvoir discrétionnaire de les vendre avant leur échéance. Une fois que les investissements arrivent à échéance (ou sont vendus), le Fonds peut détenir jusqu’à 100 % de ses actifs dans des dépôts à court terme, des liquidités et des instruments du marché monétaire jusqu’à leur échéance.
Le Fonds peut investir dans des Titres d’État, dans des titres garantis par des hypothèques et des titres garantis par des actifs émis ou garantis par le gouvernement d’un pays membre de l’OCDE, ses agences ou organismes ou par des émetteurs privés. Les titres garantis par des hypothèques et les titres garantis par des actifs dans lesquels le Fonds peut investir ne contiendront pas de dérivés incorporés ou d’effet de levier.
Le Fonds peut employer, à concurrence de 10 % de sa valeur liquidative, des techniques et instruments d’investissement, tels que des contrats à terme normalisés, des options, des swaps et autres instruments dérivés à des fins de gestion efficace du portefeuille (c’est-à-dire une réduction des risques, une réduction des coûts et la génération de capital ou de revenu supplémentaire pour le Fonds) ou à des fins d’investissement (comme indiqué dans la section intitulée « Types et description des instruments financiers dérivés ») des présentes, sous réserve des conditions et dans les limites stipulées périodiquement par la Banque Centrale concernant l’acquisition ou la couverture d’une exposition aux placements dont il s’agit dans ces politiques d’investissement.
Le Fonds est géré activement sans référence à un indice de référence. Le Conseiller en Investissement par Délégation dispose d’une grande liberté pour choisir des investissements individuels pour le Fonds. Le Conseiller en Investissement par Délégation cherche à tirer parti de la prime de risque de crédit de manière économique. La recherche de crédit fondamentale prospective du Conseiller en Investissement par Délégation vise à créer un portefeuille regroupant les meilleures idées dans les secteurs des titres à revenu fixe afin de mettre en pratique ses opinions fondées sur une forte conviction. La sélection des titres fait appel à un processus d’investissement ascendant axé sur les fondamentaux qui se concentre sur les obligations de sociétés du monde entier ayant pris comme engagement de transformer et d’améliorer leur bilan, de générer des flux de trésorerie disponible, de garantir la qualité de la gestion et de procéder à la valorisation des titres. Les titres choisis devraient être détenus jusqu’à leur échéance, entraînant ainsi un faible taux de rotation et la nécessité pour les titres de reposer sur des fondamentaux solides. Un cadre descendant permet au Conseiller en Investissement par Délégation d’évaluer le stade du cycle de crédit, d’identifier les opportunités et de prendre des risques à un degré raisonnable.

### Suite à la clôture de la période d’offre initiale, le Fonds ne sera plus ouvert aux souscriptions et/ou transferts dans le Fonds.
La dernière Valeur liquidative par Action sera calculée 4 ans après la fin de la période d’offre et selon les conseils des Administrateurs. Lors de la liquidation, tous les produits seront restitués aux Actionnaires. Le Fonds est conçu pour être détenu jusqu’à son Échéance et les Investisseurs doivent être prêts à conserver leurs investissements jusqu’à cette date.
En raison de son exposition aux titres de qualité inférieure (below Investment Grade) et aux Marchés en développement, un investissement dans le Fonds ne doit pas représenter une part substantielle d’un portefeuille d’investissement et peut ne pas convenir à tous les investisseurs.
Le Fonds peut investir jusqu’à 50 % de sa valeur liquidative en Titres de Créance ne bénéficiant pas d’une notation de Premier Ordre (below Investment Grade). Sous réserve des politiques d’investissement décrites dans les présentes, le Fonds peut investir dans une vaste gamme de Titres d’État et Titres de créance productifs de revenus, Titres indexés/structurés, titres adossés à des créances hypothécaires et à des actifs, émis ou garantis par un gouvernement d’un pays membre de l’OCDE, ou par ses agences ou organismes, ou par un émetteur privé, en titres à coupon zéro, en titres payant leurs intérêts en nature (ex. obligations payant un intérêt sous la forme d’obligations supplémentaires de même nature) et en Titres à Coupon Progressif, en
actions de préférence et en actions versant des revenus, en REIT, en obligations convertibles, c’est-à-dire en Titres de créance assortis du droit d’acquérir des actions, comme l’attestent les warrants attachés à ces titres ou acquis avec ceux-ci, ou en Titres de créance convertibles en actions. Sous réserve des politiques d’investissement décrites dans les présentes, le Fonds peut investir en actions et autres titres de capital (tels que des obligations convertibles en actions). Le Fonds peut investir, directement ou indirectement (à savoir par l’intermédiaire de certificats américains d’actions étrangères, de certificats européens d’actions étrangères et de certificats internationaux d’actions étrangères) sur les marchés concernés. En outre, le Fonds peut acquérir des participations/cessions dans des prêts hypothécaires à taux variables ou d’autres prêts commerciaux qui sont liquides et permettront des ajustements de taux d’intérêt au moins tous les 397 jours et qui peuvent être garantis par des biens immobiliers ou d’autres actifs. Ces participations peuvent consister en des participations dans le prêt ou en cessions de celui-ci, ou peuvent être acquises auprès de banques, de courtiers qui ont consenti le prêt ou de membres du syndicat qui l’a mis en place. Ces participations ne dépasseront pas, au total, 10 % de la valeur liquidative du Fonds.
Le Fonds peut investir jusqu’à 50 % de sa valeur liquidative en Titres de Créance ne bénéficiant pas d’une notation de Premier Ordre. Le Fonds peut également acquérir des titres en défaillance si, de l’avis du Conseiller en Investissement par Délégation concerné, il apparaît probable que l’émetteur pourra reprendre le paiement des intérêts ou si d’autres évolutions favorables semblent probables à court terme.
Le Fonds peut investir jusqu’à concurrence de 25 % en obligations à haut rendement bénéficiant d’une note B ou supérieure, attribuée par Moody’s, S&P ou Fitch ou, si ces obligations ne sont pas notées, en obligations réputées de qualité comparable par le Conseiller en Investissement. Le Fonds peut continuer à détenir des titres ayant perdu une note de Premier Ordre après l’achat, mais ne pourra effectuer d’achats supplémentaires de ces titres, à moins que ces achats soient compris dans les limites imposées ci-dessus pour les obligations à haut rendement.
Le Fonds pourra investir jusqu’à concurrence de 5 % de sa valeur liquidative dans des titres d’autres Organismes de placement collectif admissibles. Un tel investissement englobe la possibilité d’investir dans d’autres Fonds. Cependant, le Fonds ne peut pas investir dans un autre Fonds détenant lui-même des Actions d’un autre Fonds. Lorsqu'il investit dans un autre Fonds, le Fonds ne peut pas prélever une commission annuelle de gestion de portefeuille et/ou de gestion administrative pour ce qui concerne la fraction de ses actifs qui sont investis dans l'autre Fonds.
Le Fonds peut investir en instruments financiers dérivés à des fins de gestion efficace du portefeuille. Les investissements du Fonds en instruments dérivés seront soumis aux limites stipulées dans la politique d’investissement du Fonds ainsi qu’aux conditions et limites éventuellement stipulées par la Banque centrale. Dans certaines circonstances, le Fonds utilisera des instruments financiers dérivés comme levier. Le Fonds est autorisé à des fins d’investissement à investir jusqu’à 100 % de sa valeur liquidative dans des instruments financiers dérivés. Le risque de marché du Fonds est mesuré à l’aide de l’approche de la valeur à risque (« VaR ») et l’effet de levier du Fonds est calculé à partir de la somme des montants notionnels des produits dérivés détenus par le Fonds. Toutefois, les Actionnaires doivent noter que, compte tenu de la nature des instruments dérivés et du fait que ces instruments peuvent être négociés à la marge, un relativement faible mouvement défavorable du cours du sous-jacent d’un instrument dérivé donné peut entraîner des mouvements immédiats et importants de l’exposition du Fonds à cet instrument dérivé. Si les limites d’exposition liées à un instrument dérivé devaient être supérieures pour des raisons échappant au contrôle du Fonds, celui-ci aura pour priorité de remédier à cette situation en tenant compte des intérêts de ses Actionnaires.

### UTILISATION DE MESURES DÉFENSIVES TEMPORAIRES
Dans certaines circonstances, à titre temporaire et exceptionnel, lorsque le Conseiller en Investissement ou le Conseiller en Investissement par Délégation concerné estime qu’il en va de l’intérêt des Actionnaires, le Fonds pourra effectuer quelques entorses à ses politiques d’investissement telles qu’elles figurent ci-dessus. Pour de plus amples informations, se référer à la section « Utilisation de mesures défensives temporaires » du Prospectus.

### PROFIL DE L’INVESTISSEUR TYPE

### Le Fonds s’adresse à une grande diversité d’investisseurs, qui recherchent l’accès à un portefeuille géré dans le respect d’un objectif et d’une politique d’investissement spécifiques.
L’investisseur potentiel doit choisir la Catégorie qui correspond le mieux à ses besoins. En sélectionnant une Catégorie, les investisseurs potentiels doivent prendre en considération les éléments suivants :
- le montant qu’ils prévoient d’investir ;
- la durée de détention prévue des Actions ;
- les frais payés au titre de chaque Catégorie ;
- l’admissibilité des Actionnaires au bénéfice d’une renonciation ou d’un abandon des droits d’entrée ;
- la devise de la catégorie d’actions.


### LIMITES D'INVESTISSEMENTS

### Chacun des investissements du Fonds sera limité aux investissements autorisés par le Règlement sur les OPCVM et d'autres limites applicables stipulées à l'Annexe 4 du Prospectus.

### UTILISATION D’INSTRUMENTS ET DE TECHNIQUES D’INVESTISSEMENT ET D’INSTRUMENTS FINANCIERS DÉRIVÉS
Sous réserve de la capacité du Fonds à investir dans des instruments financiers dérivés à des fins d'investissement, comme indiqué à la section « Objectif et Politiques d’investissement » ci-dessus, le Conseillers en Investissement par Délégation peut seulement employer des instruments et des techniques d’investissement tels que des contrats à terme normalisés, des options, des swaps et autres instruments financiers dérivés pour une gestion efficace du portefeuille (à savoir une réduction des risques, une réduction des coûts et la génération de capital ou de revenu supplémentaire pour le Fonds) et le Conseiller en Investissement par Délégation est tenu de se conformer aux conditions et restrictions stipulées périodiquement par la Banque centrale. De plus amples informations figurent aux sections « Utilisation d'instruments et de techniques d'investissement et d'instruments financiers dérivés » et « Types et description d'instruments financiers dérivés » du Prospectus.
La principale méthode de calcul de l’exposition globale pour le Fonds est l'approche d'engagement. Cependant, le modèle de la VaR ne sera utilisé que lorsque le volume d’instruments dérivés utilisé est plus élevé ou la mise en œuvre des stratégies de produits dérivés est plus complexe ou lorsque le profil de risque du Fonds a connu un certain changement.

### RÈGLEMENT SUR LES OPÉRATIONS DE FINANCEMENT SUR TITRES
Comme décrit plus particulièrement dans la section « Réglementation des opérations de financement sur titres » du Prospectus, sous réserve des limites d’investissement indiquées en Annexe 4 du Prospectus, ainsi que des limites d’investissement définies à la section « Objectif et politiques d’investissement » du Supplément : (a) en ce qui concerne les investissements autorisés dans les swaps sur rendement total, le Fonds peut investir au maximum 100 % de sa Valeur liquidative ; et (b) le Fonds peut investir au maximum 100 % de sa Valeur liquidative dans des Opérations de financement sur titres. Sous réserve des limites susmentionnées, le Fonds devrait en général investir entre 0 et 20 % de sa Valeur liquidative dans des swaps sur rendement total et des Opérations de financement sur titres.

### FACTEURS DE RISQUE ET CONSIDÉRATIONS PARTICULIÈRES
L’attention des investisseurs est attirée sur les facteurs de risque et autres considérations particulières qui sont décrits dans le Prospectus à la section intitulée « Facteurs de risque et considérations particulières » et qui peuvent affecter le Fonds. Cette liste de facteurs de risque liés aux investissements dans le Fonds n’est pas exhaustive, et l’attention de l’investisseur est attirée sur la description des instruments financiers qui apparaît à la section « Objectif et politiques d’investissement ».

### POLITIQUE DE DISTRIBUTION
Telles que décrites plus particulièrement dans le Prospectus à la section « Les Actions » et dans le Supplément à la section intitulée « Catégories d'Actions », les Catégories d’Actions de Distribution peuvent différer en termes de fréquence de distribution. Les Catégories d’Actions de Distribution peuvent effectuer des distributions de façon mensuelle, trimestrielle, semestrielle ou annuelle, tel que déterminé moment du lancement de la Catégorie d’Actions concernée. La fréquence de distribution des Catégories d’Actions est indiquée dans le tableau ci-dessous :
| Fréquence de distribution | Dates de déclaration de distribution |
| --- | --- |
| Catégories d’Actions de capitalisation |
| Sans objet | Sans objet |
| Catégories d’Actions de Distribution |
| Mensuelle | Mensuelle, en principe le 15 de chaque mois à moins que ce jour ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Trimestrielle | Trimestrielle, normalement le 15 janvier, le 15 avril, le 15 juillet et le 15 octobre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Semestrielle | Semestrielle, en principe le 15 avril et le 15 octobre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Annuelle | Annuelle, en principe le 15 octobre à moins qu’il ne s’agisse pas d’un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède la date mentionnée. |


### HEURES LIMITES DE NÉGOCIATION ET HEURES DE RÈGLEMENT
Les ordres de souscription d’Actions reçus et acceptés par ou au nom de l’Agent de transfert ou la Société et/ou le Gestionnaire avant l’Heure Limite de Négociation au cours d’un Jour Ouvré repris dans les tableaux ci-dessous seront traités au prix de l’offre déterminé ce Jour Ouvré. Les ordres de souscription d’Actions reçus par ou au nom de l’Agent de transfert ou de la Société et/ou du Gestionnaire après l’Heure Limite de Négociation un Jour Ouvré seront traités au prix de l’offre déterminé le Jour Ouvré suivant. Si le paiement des ordres de souscription n’est pas reçu à l’Heure de Règlement correspondante, une souscription peut être annulée ou l’Actionnaire peut être amené à payer des intérêts sur les montants de souscription non soldés aux taux normaux en vigueur. Dans ce cas, l’Agent de Distribution ou l’Actionnaire peut être tenu responsable de toute perte subie par le Fonds.
Le traitement des ordres de rachat est assujetti à la réception et l’acceptation par ou au nom de l’Agent de transfert, la Société et/ou le Gestionnaire d’un ordre de rachat valable. Sous réserve des dispositions de la section « Limites de rachat » dans le Prospectus, les ordres de rachat reçus et acceptés par ou au nom de l’Agent de transfert ou par la Société ou par le Gestionnaire avant l’Heure Limite de Négociation un Jour Ouvré seront traités à la valeur liquidative par Action déterminée ce Jour Ouvré.
| Souscription | Heure Limite de Négociation | Heure de Règlement |
| --- | --- | --- |
| Souscriptions (autres que les Actions de Catégorie Z) | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |
| Souscriptions effectuées directement auprès de l’Agent de Transfert par des Investisseurs Institutionnels Éligibles/Actions de Catégorie Z | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | 15h30, heure de Londres J |
| Rachat | Heure Limite de Négociation | Heure de Règlement |
| Tous les Rachats | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |


### LE CONSEILLER EN INVESTISSEMENT PAR DÉLÉGATION
Le Gestionnaire a désigné JCIL en tant que conseiller en investissement de la Société. À la date du présent Supplément, JCIL a délégué à JCM et HGIL la responsabilité de fournir des services discrétionnaires de conseil et de gestion de portefeuille, concernant tout ou partie des actifs du Fonds.

### CHARGES ET COMMISSIONS
Les charges et commissions auxquelles est soumis tout investissement dans un Fonds (comprenant les droits d’entrée, les droits de sortie conditionnels différés (CDSC), l’ajustement de la dilution, une commission de gestion et une commission de distribution) sont décrits en détail dans le Prospectus à la section « Charges et Commissions », dont un résume figure ci-dessous. Les Charges et Commissions sur les Catégories d’Actions de capital peuvent imputer certaines commissions et charges sur le capital plutôt que sur les revenus.
| Type de commission | Actions de Catégorie A | Actions de Catégorie B | Actions de Catégorie E | Actions de Catégorie G | Actions de Catégorie H | Actions de Catégorie I | Actions de Catégorie S | Actions de Catégorie V | Actions de Catégorie Z |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Droit d'entrée | Jusqu'à 5,00 % du montant souscrit | S/O | Jusqu'à 1,00 % du montant souscrit | S/O | S/O | Jusqu'à 2,00 % du montant souscrit | Jusqu'à 2,00 % du montant souscrit | S/O | S/O |
| CDSC Moins d'un an depuis l’achat - à 2 ans
- à 3 ans
- à 4 ans Plus de 4 ansdepuis l’achat
 | S/O | 4 % 3 % 2 % 1 % 0 % | S/O | S/O | S/O | S/O | S/O | 3 % 2 % 1 % 0 % - | S/O |
| Commissions de services aux Actionnaires | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 1,00 % de la valeur liquidative | S/O | S/O | S/O | S/O | Jusqu'à 0,75 % de la valeur liquidative | S/O |

| Type de commission | Actions de Catégorie A | Actions de Catégorie B | Actions de Catégorie E | Actions de Catégorie G | Actions de Catégorie H | Actions de Catégorie I | Actions de Catégorie S | Actions de Catégorie V | Actions de Catégorie Z |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Commission de distribution | S/O | Jusqu'à 1,00 % de la valeur liquidative | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Commission de gestion d’investissem ent | Jusqu'à 0,60 % de la valeur liquidative | Jusqu'à 0,60 % de la valeur liquidative | Jusqu'à 0,60 % de la valeur liquidative | Jusqu'à 0,45 % de la valeur liquidative | Jusqu'à 0,45 % de la valeur liquidative | Jusqu'à 0,45 % de la valeur liquidative | Jusqu'à 0,45 % de la valeur liquidative | Jusqu'à 0,45 % de la valeur liquidative | Voir Prospectus |
| Commission de performance | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Charges et Commissions | 1,50 % de la valeur liquidative | S/O | 2,00 % de la valeur liquidative | 0,70 % de la valeur liquidative | 0,70 % de la valeur liquidative | 0,70 % de la valeur liquidative | 0,70 % de la valeur liquidative | 2,00 % de la valeur liquidative | Voir Prospectus |


### AJUSTEMENT DE DILUTION
Un ajustement de dilution peut être appliqué à la Valeur liquidative par Action du Fonds au cours d’un jour de négociation (i) si les souscriptions ou rachats nets dépassent le seuil déterminé à l’avance relatif à la Valeur liquidative du Fonds (lorsqu’un tel seuil est ponctuellement déterminé à l’avance pour le Fonds par le Gestionnaire) ou (ii) dans tout autre cas impliquant des souscriptions ou des rachats nets dans le Fonds, si le Gestionnaire ou ses délégués estiment raisonnablement que l’imposition d’un ajustement de dilution s’inscrira dans l’intérêt des Actionnaires existants.

### CATÉGORIES D’ACTIONS
Comme décrit plus particulièrement dans la section « Les Actions » du Prospectus, la Société propose 11 Catégories d’Actions avec diverses politiques de distribution, fréquences de distribution, politiques de couverture et devises dans chaque Catégorie. Le nouveau nom de chaque Catégorie d’Actions offertes par la Société permet aux Actionnaires d’identifier la politique de distribution, la fréquence de distribution, la politique de couverture et la devise d’une Catégorie en fonction de sous-classifications. Le tableau ci-dessous apporte des précisions sur les Catégories d’Actions du Fonds approuvées par la Banque Centrale, ainsi que sur les Catégories disponibles à l’achat à la date du présent Supplément.
Si, pour une catégorie d’actions donnée d’un fonds donné, aucune émission n’avait préalablement été faite ou s’il est procédé à une réémission, une souscription initiale sera alors possible : (i) à la/aux date(s) devant être déterminée(s) par le Gestionnaire et communiquée(s) à l’avance à la Banque centrale et (ii) le prix de l’offre initiale et le prix de réémission stipulés dans le Prospectus à la section intitulée « Offres initiales de catégories d’actions ». Dans le cas d’un Fonds au titre duquel une ou plusieurs Catégories d’Actions sont déjà émises, le prix de l’offre initiale par Action pour toute Catégorie d’Actions supplémentaire émise en rapport avec ledit Fonds pourra correspondre à la valeur liquidative par Action desdites autres Catégories d’Actions du Fonds concerné tel que fixé par le Gestionnaire et communiqué à l’avance à la Banque Centrale, ainsi qu’aux Actionnaires potentiels.
| CATÉGORIES D’ACTIONS approuvées par la Banque Centrale à la date du présent Supplément |
| --- |
| Catégories libellées en Dollars américains | Catégories libellées en Euros | Catégories libellées en Livres sterling | Catégories libellées en Dollars de Hong Kong | Catégories libellées en Dollars australiens | Catégories libellées en Francs suisses | Catégories libellées en Dollars canadiens | Catégories libellées en Renminbi (CNH) | Catégories libellées en Couronnes suédoises | Catégories libellées en Dollars néo- zélandais | Catégories libellées en Dollars de Singapour |
| A2 USD | A2 HEUR | I2 HGBP | A2 HKD | A2 HAUD | A2 HCHF |  | A2 HCNH |  |  | A2 HSGD |
| B2 USD | B2 HEUR | I2 GBP | I2 HKD | I2 HAUD | I2 HCHF | I2 HCNH | I2 HSGD |
| E2 USD | E2 HEUR | H2 HGBP | S2 HKD | S2 HAUD | S2 HCHF | S2 HCNH | S2 HSGD |
| I2 USD | I2 HEUR | S2 HGBP | V2 HKD | V2 HAUD | H2 HCHF | V2 HCNH | V2 HSGD |
| S2 USD | S2 HEUR | H2 GBP | Z2 HKD | Z2 AUD | G2 HCHF | Z2 CNH | Z2 SGD |
| H2 USD | H2 HEUR | G2 USD | A3 m HKD | A3 m HAUD | Z2 CHF | A5m HCNH | A3 HSGD |
| G2 USD | G2 HEUR | Z2 GBP | A3 HKD | V3 m HAUD | A3 HCHF | A3 HCNH | A3s HSGD |
| V2 USD | V2 HEUR | Z2 HGBP | A3s HKD | A3 HAUD | A3s HCHF | A3s HCNH | A3q HSGD |
| Z2 USD | Z2 EUR | H1 HGBP | A3q HKD | A3s HAUD | A3q HCHF | A3q HCNH | A3m HSGD |
| A3m USD | Z2 HEUR | H3 HGBP | A4q HKD | A3q HAUD | A3m HCHF | A3m HCNH | A4q HSGD |
| B1m USD | B1 m HEUR | H3s HGBP | A4m HKD | A4q HAUD | A4q HCHF | A4q HCNH | A4m HSGD |
| E3m USD | E3 m HEUR | H3q HGBP | A5m HKD | A4m HAUD | A4m HCHF | A4m HCNH | A5m HSGD |
| I1m USD | A3 HEUR | H3m HGBP | I1 HKD | A5m HAUD | A5m HCHF | A5m HCNH | A3 SGD |
| H1m USD | A3s HEUR | H4q HGBP | I3 HKD | I1 HAUD | I1 HCHF |  | A3s SGD |
| V3 m USD | A3q HEUR | H4m HGBP | I3s HKD | I3 HAUD | I3 HCHF |  | A3q SGD |
| A3 USD | A3m HEUR | H5m HGBP | I3q HKD | I3s HAUD | I3s HCHF |  | A3m SGD |
| A3s USD | A4q HEUR | G1 HGBP | I3m HKD | I3q HAUD | I3q HCHF |  | A4q SGD |
| A3q USD | A4m HEUR | G3 HGBP | I4q HKD | I3m HAUD | I3m HCHF |  | A4m SGD |
| A4q USD | A5 m HEUR | G3s HGBP | I4m HKD | I4q HAUD | I4q HCHF |  | A5m SGD |
| A4m USD | I1 HEUR | G3q HGBP | I5m HKD | I4m HAUD | I4m HCHF |  | I1 HSGD |
| A5m USD | I3 HEUR | G3m HGBP | H1 HKD | I5m HAUD | I5m HCHF |  | I3 HSGD |
| I1 USD | I3s HEUR | G4q HGBP | H3 HKD | H1 HAUD | H1 HCHF |  | I3s HSGD |
| I3 USD | I3q HEUR | G4m HGBP | H3s HKD | H3 HAUD | H3 HCHF |  | I3q HSGD |
| I3s USD | I3m HEUR | G5m HGBP | H3q HKD | H3s HAUD | H3s HCHF |  | I3m HSGD |
| I3q USD | I4q HEUR | I1 HGBP | H3m HKD | H3q HAUD | H3q HCHF |  | I4q HSGD |
| I3m USD | I4m HEUR | I3 HGBP | H4q HKD | H3m HAUD | H3m HCHF |  | I4m HSGD |
| I4q USD | I5m HEUR | I3s HGBP | H4m HKD | H4q HAUD | H4q HCHF |  | I5m HSGD |
| I4m USD | H1 HEUR | I3q HGBP | H5m HKD | H4m HAUD | H4m HCHF |  | I1 SGD |
| I5m USD | H3 HEUR | I3m HGBP | G1 HKD | H5m HAUD | H5m HCHF |  | I3 SGD |
| H1 USD | H3s HEUR | I4q HGBP | G3 HKD |  | G1 HCHF |  | I3s SGD |
| H3 USD | H3q HEUR | I4m HGBP | G3s HKD |  | G3 HCHF |  | I3q SGD |
| H3s USD H3q USD | H3m HEUR H4q HEUR | I5m HGBP | G3q HKD G3m HKD |  | G3s HCHF G3q HCHF |  | I3m SGD I4q SGD |
| H3m USD | H4m HEUR |  | G4q HKD |  | G3m HCHF |  | I4m SGD |
| H4q USD H4m USD | H5m HEUR G1 HEUR |  | G4m HKD G5m HKD |  | G4q HCHF G4m HCHF |  | I5m SGD |
| H5m USD | G3 HEUR |  | E1 HKD |  | G5m HCHF |  |  |
| G1 USD | G3s HEUR |  | E3 HKD |  |  |  |  |
| G3 USD | G3q HEUR |  | E3s HKD |  |  |  |  |
| G3s USD | G3m HEUR |  | E3q HKD |  |  |  |  |
| G3q USD | G4q HEUR |  | E3m HKD |  |  |  |  |
| G3m USD | G4m HEUR |  | E4q HKD |  |  |  |  |
| G4q USD | G5m HEUR |  | E4m HKD |  |  |  |  |
| G4m USD | E1 HEUR |  | E5m HKD |  |  |  |  |
| G5m USD | E3 HEUR |  |  |  |  |  |  |
| E1 USD | E3s HEUR |  |  |  |  |  |  |
| E3 USD | E3q HEUR |  |  |  |  |  |  |
| E3s USD | E4q HEUR |  |  |  |  |  |  |
| E3q USD | E4m HEUR |  |  |  |  |  |  |
| E4q USD | E5m HEUR |  |  |  |  |  |  |
| E4m USD |  |  |  |  |  |  |  |
| E5m USD |  |  |  |  |  |  |  |

La période d’offre initiale pour la Catégorie d’Actions A2 USD du Fonds commencera à 9 heures (heure d’Irlande) le 28 février 2020 et se terminera à 16 heures (heure de New York) le 29 juin 2020 ou à toute autre date fixée par les Administrateurs et notifiée à l’avance à la Banque Centrale. Suite à la clôture de la période d’offre initiale, le fonds ne sera plus ouvert aux souscriptions et/ou transferts dans le fonds.

### Supplément concernant le Fonds Janus Henderson Global High Yield Fund

### Le présent Supplément est établi en date du 26 février 2021.
Le présent Supplément contient des informations spécifiques au fonds Janus Henderson Global High Yield Fund (le « Fonds »), un compartiment de Janus Henderson Capital Funds plc (la « Société »). La Société est un OPCVM établi sous la forme d’une société d’investissement à capital variable avec séparation des passifs entre les Fonds, constituée en Irlande et régie par la Banque centrale.
Ce Supplément fait partie intégrante du dernier Prospectus et doit être lu conjointement avec celui-ci. Le Prospectus peut être révisé ou complété de temps à autre. Les termes commençant par une majuscule utilisés dans le présent Supplément, qui n'ont pas été définis dans les présentes, ont la même signification que dans le Prospectus.

### RÉSUMÉ

### Les informations reprises sous ce titre constituent un résumé des principales caractéristiques du Fonds et doivent être lues conjointement avec le texte complet de ce Supplément.
| Catégories d’Actions | Des précisions sur les Catégories d'Actions sont présentées ci-dessous à la section intitulée « Catégories d’Actions ». |
| --- | --- |
| L’attention des investisseurs est attirée sur le fait qu’à la date du présent Supplément, seules certaines Catégories d’Actions du Fonds sont actuellement ouvertes à la souscription. En outre, toutes les Catégories d’Actions ne sont pas disponibles dans toutes les juridictions. Les investisseurs sont priés de se mettre en rapport avec l’Agent de Distribution pour obtenir la liste des Catégories d’Actions à leur disposition. |
| Fréquence des souscriptions, rachats et échanges | Sauf indication contraire des Administrateurs et/ou du Gestionnaire, les souscriptions, les rachats et les échanges d’Actions peuvent être effectués tout Jour Ouvré en suivant les procédures décrites dans les sections du Prospectus intitulées « Comment acheter des Actions », « Comment obtenir le rachat d’Actions » et « Comment échanger ou céder des Actions ». |
| Souscriptions minimales | Les souscriptions initiales et ultérieures minimales applicables à chaque Catégorie au sein du Fonds sont spécifiées dans la section du Prospectus intitulée « Comment acheter des Actions ». |
| Adaptation des Catégories | L’adaptation des Catégories et l’éligibilité des investisseurs pour des Catégories particulières sont décrites à la section intitulée « Les Actions » du Prospectus. |
| Devise de base | Dollar US |


### OBJECTIF ET POLITIQUES D’INVESTISSEMENT
Le principal objectif du Fonds est d’obtenir un niveau élevé de revenu courant. L’appréciation du capital constitue un objectif secondaire qui doit être en harmonie avec l’objectif principal. Le Compartiment poursuit ses objectifs d’investissement en investissant au moins 70 % de sa valeur liquidative dans des Titres de Créance ne bénéficiant pas d’une notation de Premier Ordre ou, s’ils ne sont pas notés, de qualité similaire au niveau « below Investment Grade » d’émetteurs du monde entier, comme déterminé par le Conseiller en Investissement par Délégation concerné.
Le Fonds peut investir dans des actions de préférence d’émetteurs du monde entier qui sont soit de rang spéculatif (non Investment Grade), soit (si elles ne sont pas notées) de qualité inférieure (below Investment Grade) aux dires du Conseiller en Investissement par Délégation correspondant.
Le Fonds peut employer des techniques et instruments d’investissement, tels que des contrats à terme normalisés, des options, des swaps et autres instruments dérivés à des fins de gestion efficace du portefeuille (c’est-à-dire une réduction des risques, une réduction des coûts et la génération de capital ou de revenu supplémentaire pour le Fonds) ou à des fins d’investissement (comme indiqué dans la section intitulée « Types et description d’instruments financiers dérivés ») des présentes, sous réserve des conditions et dans les limites stipulées périodiquement par la Banque Centrale concernant l’acquisition ou la couverture d’une exposition aux placements dont il s’agit dans ces politiques d’investissement.

### Objectif de performance : Surperformer l’indice Bloomberg Barclays Global High Yield de 1,25 % par an, avant déduction des frais, sur toute période de 5 ans.
Le Fonds est géré activement en fonction de l’indice Bloomberg Barclays Global High Yield, qui est largement représentatif des obligations dans lesquelles il peut investir et sur la base duquel l’objectif de performance du Fonds est défini. Le Conseiller en Investissement par Délégation a le pouvoir discrétionnaire de choisir des investissements pour le Fonds avec des pondérations différentes de l’indice ou n’y figurant pas, même si le Fonds peut parfois détenir des investissements similaires à l’indice. Les détails de la performance du Fonds sont disponibles dans les rapports annuels et semestriels, les documents de commercialisation et dans le DICI. Rien ne garantit que la performance du Fonds sera égale ou supérieure à cet indice de référence.
La recherche de crédit fondamentale prospective du Conseiller en Investissement par Délégation vise à identifier les futurs gagnants et perdants afin de lui permettre de mettre en pratique ses opinions fondées sur une forte conviction. La sélection des titres fait appel à un processus d’investissement ascendant axé sur les fondamentaux qui se concentre sur les sociétés du monde entier ayant pris comme engagement de transformer et d’améliorer leur bilan, de générer des flux de trésorerie disponible, de garantir la qualité de la gestion et de procéder à la valorisation des titres. Cette approche se fonde sur la conviction que certaines sociétés ont des forces inhérentes, ont de meilleures perspectives que leurs homologues et devraient donc surclasser l’industrie, même dans des circonstances économiques ou industrielles difficiles. Un cadre descendant dynamique permet au Conseiller en Investissement par Délégation d’évaluer le stade du cycle de crédit, d’identifier les opportunités et de prendre des risques à un degré raisonnable à travers les secteurs et les régions géographiques.
En raison de son exposition aux titres de qualité inférieure (below Investment Grade) et aux Marchés en développement, un investissement dans le Fonds ne doit pas représenter une part substantielle d’un portefeuille d’investissement et peut ne pas convenir à tous les investisseurs.
Sous réserve des politiques d’investissement décrites ci-dessous, le Fonds peut investir dans une vaste gamme de Titres d’État et Titres de créance productifs de revenus, Titres indexés/structurés, titres adossés à des créances hypothécaires et à des actifs, émis ou garantis par un gouvernement d’un pays membre de l’OCDE, ou par ses agences ou organismes, ou par un émetteur privé, en titres à coupon zéro, en titres payant leurs intérêts en nature (ex. obligations payant un intérêt sous la forme d’obligations supplémentaires de même nature) et en Titres à Coupon Progressif, en actions de préférence et en actions versant des revenus, en REIT, en obligations convertibles, c’est-à-dire en Titres de créance assortis du droit d’acquérir des actions, comme l’attestent les warrants attachés à ces titres ou acquis avec ceux-ci, ou en Titres de créance convertibles en actions. Sous réserve des politiques d’investissement décrites dans les présentes, le Fonds peut investir en actions et autres titres de capital (tels que des obligations convertibles en actions). Le Fonds peut investir, directement ou indirectement (à savoir par l’intermédiaire de certificats américains d’actions étrangères, de certificats européens d’actions étrangères et de certificats internationaux d’actions étrangères) sur les marchés concernés. En outre, le Fonds peut acquérir des participations/cessions dans des prêts hypothécaires à taux variables ou d’autres prêts commerciaux qui sont liquides et permettront des ajustements de taux d’intérêt au moins tous les 397 jours et qui peuvent être garantis par des biens immobiliers ou d’autres actifs. Ces participations peuvent consister en des participations dans le prêt ou en cessions de celui-ci, ou peuvent être acquises auprès de banques, de courtiers qui ont consenti le prêt ou de membres du syndicat qui l’a mis en place. Ces participations ne dépasseront pas, au total, 10 % de la valeur liquidative du Fonds.
Sous réserve des politiques d’investissement décrites dans les présentes, le Fonds peut investir sans limitation en Titres de Créance et en actions de préférence de rang spéculatif (non Investment Grade). Le Fonds peut également acquérir des titres en défaillance si, de l’avis du Conseiller en Investissement par Délégation concerné, il apparaît probable que l’émetteur pourra reprendre le paiement des intérêts ou si d’autres évolutions favorables semblent probables à court terme.
Dans la mesure autorisée pour investir dans de tels titres en vertu des politiques d’investissement énoncées dans les présentes, le Fonds n’investira pas plus de 10 % de sa valeur liquidative dans des titres émis ou garantis par un seul pays (y compris son gouvernement, une autorité publique ou locale du pays en question) assortis d’une notation de crédit inférieure à Investment Grade.
Le Fonds pourra investir jusqu’à concurrence de 5 % de sa valeur liquidative dans des titres d’autres Organismes de placement collectif admissibles. Un tel investissement englobe la possibilité d’investir dans d’autres Fonds. Cependant, le Fonds ne peut pas investir dans un autre Fonds détenant lui-même des Actions d’un autre Fonds. Lorsqu'il investit dans un autre Fonds, le Fonds ne peut pas prélever une commission annuelle de gestion de portefeuille et/ou de gestion administrative pour ce qui concerne la fraction de ses actifs qui sont investis dans l'autre Fonds.
Le Fonds peut investir en instruments financiers dérivés à des fins de gestion efficace du portefeuille. Les investissements du Fonds en instruments dérivés seront soumis aux limites stipulées dans la politique d’investissement du Fonds ainsi qu’aux conditions et limites éventuellement stipulées par la Banque centrale. Dans certaines circonstances, le Fonds utilisera des instruments financiers dérivés comme levier. Le Fonds est autorisé à des fins d’investissement à investir jusqu’à 100 % de sa valeur liquidative dans des instruments financiers dérivés. Le montant maximal d’effet de levier (lorsqu’il est calculé en utilisant l’approche d’engagement) que le Fonds peut créer grâce à l’utilisation d’instruments financiers dérivés est de 100 % de la valeur liquidative du Fonds. Toutefois, les Actionnaires doivent noter que, compte tenu de la nature des instruments dérivés et du fait que ces instruments peuvent être négociés à la marge, un relativement faible mouvement défavorable du cours du sous-jacent d’un instrument dérivé donné peut entraîner des mouvements immédiats et importants de l’exposition du Fonds à cet instrument dérivé. Si les limites d’exposition liées à un instrument dérivé devaient être supérieures pour des raisons échappant au contrôle du Fonds, celui-ci aura pour priorité de remédier à cette situation en tenant compte des intérêts de ses Actionnaires.

### UTILISATION DE MESURES DÉFENSIVES TEMPORAIRES
Dans certaines circonstances, à titre temporaire et exceptionnel, lorsque le Conseiller en Investissement ou le Conseiller en Investissement par Délégation concerné estime qu’il en va de l’intérêt des Actionnaires, le Fonds pourra effectuer quelques entorses à ses politiques d’investissement telles qu’elles figurent ci-dessus. Pour de plus amples informations, se référer à la section « Utilisation de mesures défensives temporaires » du Prospectus.

### PROFIL DE L’INVESTISSEUR TYPE

### Le Fonds s’adresse à une grande diversité d’investisseurs, qui recherchent l’accès à un portefeuille géré dans le respect d’un objectif et d’une politique d’investissement spécifiques.
L’investisseur potentiel doit choisir la Catégorie qui correspond le mieux à ses besoins. En sélectionnant une Catégorie, les investisseurs potentiels doivent prendre en considération les éléments suivants :
- le montant qu’ils prévoient d’investir ;
- la durée de détention prévue des Actions ;
- les frais payés au titre de chaque Catégorie ;
- l’admissibilité des Actionnaires au bénéfice d’une renonciation ou d’un abandon des droits d’entrée ;
- la devise de la catégorie d’actions.


### LIMITES D'INVESTISSEMENTS

### Chacun des investissements du Fonds sera limité aux investissements autorisés par le Règlement sur les OPCVM et d'autres limites applicables stipulées à l'Annexe 4 du Prospectus.

### UTILISATION D’INSTRUMENTS ET DE TECHNIQUES D’INVESTISSEMENT ET D’INSTRUMENTS FINANCIERS DÉRIVÉS
Sous réserve de la capacité du Fonds à investir dans des instruments financiers dérivés à des fins d'investissement, comme indiqué à la section « Objectif et Politiques d’investissement » ci-dessus, le Conseillers en Investissement par Délégation peut seulement employer des instruments et des techniques d’investissement tels que des contrats à terme normalisés, des options, des swaps et autres instruments financiers dérivés pour une gestion efficace du portefeuille (à savoir une réduction des risques, une réduction des coûts et la génération de capital ou de revenu supplémentaire pour le Fonds) et le Conseiller en Investissement par Délégation est tenu de se conformer aux conditions et restrictions stipulées périodiquement par la Banque centrale. De plus amples informations figurent aux sections « Utilisation d'instruments et de techniques d'investissement et d'instruments financiers dérivés » et « Types et description d'instruments financiers dérivés » du Prospectus.
La principale méthode de calcul de l’exposition globale pour le Fonds est l'approche d'engagement. Cependant, le modèle de la VaR ne sera utilisé que lorsque le volume d’instruments dérivés utilisé est plus élevé ou la mise en œuvre des stratégies de produits dérivés est plus complexe ou lorsque le profil de risque du Fonds a connu un certain changement.

### RÈGLEMENT SUR LES OPÉRATIONS DE FINANCEMENT SUR TITRES
Comme décrit plus particulièrement dans la section « Réglementation des opérations de financement sur titres » du Prospectus, sous réserve des limites d’investissement indiquées en Annexe 4 du Prospectus, ainsi que des limites d’investissement définies à la section « Objectif et politiques d’investissement » du Supplément : (a) en ce qui concerne les investissements autorisés dans les swaps sur rendement total, le Fonds peut investir au maximum 100 % de sa Valeur liquidative ; et (b) le Fonds peut investir au maximum 100 % de sa Valeur liquidative dans des Opérations de financement sur titres. Sous réserve des limites susmentionnées, le Fonds devrait en général investir entre 0 et 20 % de sa Valeur liquidative dans des swaps sur rendement total et des Opérations de financement sur titres.

### FACTEURS DE RISQUE ET CONSIDÉRATIONS PARTICULIÈRES
L’attention des investisseurs est attirée sur les facteurs de risque et autres considérations particulières qui sont décrits dans le Prospectus à la section intitulée « Facteurs de risque et considérations particulières » et qui peuvent affecter le Fonds. Cette liste de facteurs de risque liés aux investissements dans le Fonds n’est pas exhaustive, et l’attention de l’investisseur est attirée sur la description des instruments financiers qui apparaît à la section « Objectif et politiques d’investissement ».

### POLITIQUE DE DISTRIBUTION
Telles que décrites plus particulièrement dans le Prospectus à la section « Les Actions » et dans le Supplément à la section intitulée « Catégories d'Actions », les Catégories d’Actions de Distribution peuvent différer en termes de fréquence de distribution. Les Catégories d’Actions de Distribution peuvent effectuer des distributions de façon mensuelle, trimestrielle, semestrielle ou annuelle, tel que déterminé moment du lancement de la Catégorie d’Actions concernée. La fréquence de distribution des Catégories d’Actions est indiquée dans le tableau ci-dessous :
| Fréquence de distribution | Dates de déclaration de distribution |
| --- | --- |
| Catégories d’Actions de capitalisation |
| Sans objet | Sans objet |
| Catégories d’Actions de Distribution |
| Mensuelle | Mensuelle, en principe le 15 de chaque mois à moins que ce jour ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Trimestrielle | Trimestrielle, en principe le 15 février, 15 mai, 15 août et 15 novembre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Semestrielle | Semestrielle, en principe le 15 février et le 15 août à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Annuelle | Annuelle, en principe le 15 février à moins qu’il ne s’agisse pas d’un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède la date mentionnée. |


### HEURES LIMITES DE NÉGOCIATION ET HEURES DE RÈGLEMENT
Les ordres de souscription d’Actions reçus et acceptés par ou au nom de l’Agent de transfert ou la Société et/ou le Gestionnaire avant l’Heure Limite de Négociation au cours d’un Jour Ouvré repris dans les tableaux ci-dessous seront traités au prix de l’offre déterminé ce Jour Ouvré. Les ordres de souscription d’Actions reçus par ou au nom de l’Agent de transfert ou de la Société et/ou du Gestionnaire après l’Heure Limite de Négociation un Jour Ouvré seront traités au prix de l’offre déterminé le Jour Ouvré suivant. Si le paiement des ordres de souscription n’est pas reçu à l’Heure de Règlement correspondante, une souscription peut être annulée ou l’Actionnaire peut être amené à payer des intérêts sur les montants de souscription non soldés aux taux normaux en vigueur. Dans ce cas, l’Agent de Distribution ou l’Actionnaire peut être tenu responsable de toute perte subie par le Fonds.
Le traitement des ordres de rachat est assujetti à la réception et l’acceptation par ou au nom de l’Agent de transfert, la Société et/ou le Gestionnaire d’un ordre de rachat valable. Sous réserve des dispositions de la section « Limites de rachat » dans le Prospectus, les ordres de rachat reçus et acceptés par ou au nom de

### l’Agent de transfert ou par la Société ou par le Gestionnaire avant l’Heure Limite de Négociation un Jour Ouvré seront traités à la valeur liquidative par Action déterminée ce Jour Ouvré.
| Souscription | Heure Limite de Négociation | Heure de Règlement |
| --- | --- | --- |
| Souscriptions (autres que les Actions de Catégorie Z) | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |
| Souscriptions effectuées directement auprès de l’Agent de Transfert par des Investisseurs Institutionnels Éligibles/Actions de Catégorie Z | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | 15h30, heure de Londres J |
| Rachat | Heure Limite de Négociation | Heure de Règlement |
| Tous les Rachats | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |


### LE CONSEILLER EN INVESTISSEMENT PAR DÉLÉGATION
Le Gestionnaire a désigné JCIL en tant que conseiller en investissement de la Société. À la date du présent Supplément, JCIL a délégué à JCM et HGIL la responsabilité de fournir des services discrétionnaires de conseil et de gestion de portefeuille, concernant tout ou partie des actifs du Fonds.

### CHARGES ET COMMISSIONS
Les charges et commissions auxquelles est soumis tout investissement dans un Fonds (comprenant les droits d’entrée, les droits de sortie conditionnels différés (CDSC), l’ajustement de la dilution, une commission de gestion et une commission de distribution) sont décrits en détail dans le Prospectus à la section « Charges et Commissions », dont un résume figure ci-dessous. Les Charges et Commissions sur les Catégories d’Actions de capital peuvent imputer certaines commissions et charges sur le capital plutôt que sur les revenus.
| Type de commission | Actions de Catégorie A | Actions de Catégorie B | Actions de Catégorie E | Actions de Catégorie G | Actions de Catégorie H | Actions de Catégorie I | Actions de Catégorie S | Actions de Catégorie V | Actions de Catégorie Z |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Droit d'entrée | Jusqu'à 5,00 % du montant souscrit | S/O | Jusqu'à 1,00 % du montant souscrit | S/O | S/O | Jusqu'à 2,00 % du montant souscrit | Jusqu'à 2,00 % du montant souscrit | S/O | S/O |
| CDSC Moins d'un an depuis l’achat - à 2 ans
- à 3 ans
- à 4 ans Plus de 4 ansdepuis l’achat
 | S/O | 4 % 3 % 2 % 1 % 0 % | S/O | S/O | S/O | S/O | S/O | 3 % 2 % 1 % 0 % - | S/O |

| Type de commission | Actions de Catégorie A | Actions de Catégorie B | Actions de Catégorie E | Actions de Catégorie G | Actions de Catégorie H | Actions de Catégorie I | Actions de Catégorie S | Actions de Catégorie V | Actions de Catégorie Z |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Commissions de services aux Actionnaires | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 1,00 % de la valeur liquidative | S/O | S/O | S/O | S/O | Jusqu'à 0,75 % de la valeur liquidative | S/O |
| Commission de distribution | S/O | Jusqu'à 1,00 % de la valeur liquidative | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Commission de gestion d’investissem ent | Jusqu'à 1,00 % de la valeur liquidative | Jusqu'à 1,00 % de la valeur liquidative | Jusqu'à 1,00 % de la valeur liquidative | Jusqu'à 0,60 % de la valeur liquidative | Jusqu'à 0,60 % de la valeur liquidative | Jusqu'à 0,80 % de la valeur liquidative | Jusqu'à 0,80 % de la valeur liquidative | Jusqu'à 1,00 % de la valeur liquidative | Voir Prospectus |
| Commission de performance | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Charges et Commissions | 2,00 % de la valeur liquidative | S/O | 2,50 % de la valeur liquidative | 1,05 % de la valeur liquidative | 1,05 % de la valeur liquidative | 1,05 % de la valeur liquidative | 1,05 % de la valeur liquidative | 2,50 % de la valeur liquidative | Voir Prospectus |


### AJUSTEMENT DE DILUTION
Un ajustement de dilution peut être appliqué à la Valeur liquidative par Action du Fonds au cours d’un jour de négociation (i) si les souscriptions ou rachats nets dépassent le seuil déterminé à l’avance relatif à la Valeur liquidative du Fonds (lorsqu’un tel seuil est ponctuellement déterminé à l’avance pour le Fonds par le Gestionnaire) ou (ii) dans tout autre cas impliquant des souscriptions ou des rachats nets dans le Fonds, si le Gestionnaire ou ses délégués estiment raisonnablement que l’imposition d’un ajustement de dilution s’inscrira dans l’intérêt des Actionnaires existants.

### CATÉGORIES D’ACTIONS
Comme décrit plus particulièrement dans la section « Les Actions » du Prospectus, la Société propose 11 Catégories d’Actions avec diverses politiques de distribution, fréquences de distribution, politiques de couverture et devises dans chaque Catégorie. Le nouveau nom de chaque Catégorie d’Actions offertes par la Société permet aux Actionnaires d’identifier la politique de distribution, la fréquence de distribution, la politique de couverture et la devise d’une Catégorie en fonction de sous-classifications. Le tableau ci-dessous apporte des précisions sur les Catégories d’Actions du Fonds approuvées par la Banque Centrale, ainsi que sur les Catégories disponibles à l’achat à la date du présent Supplément.
Si, pour une catégorie d’actions donnée d’un fonds donné, aucune émission n’avait préalablement été faite ou s’il est procédé à une réémission, une souscription initiale sera alors possible : (i) à la/aux date(s) devant être déterminée(s) par le Gestionnaire et communiquée(s) à l’avance à la Banque centrale et (ii) le prix de l’offre initiale et le prix de réémission stipulés dans le Prospectus à la section intitulée « Offres initiales de catégories d’actions ». Dans le cas d’un Fonds au titre duquel une ou plusieurs Catégories d’Actions sont déjà émises, le prix de l’offre initiale par Action pour toute Catégorie d’Actions supplémentaire émise en rapport avec ledit Fonds pourra correspondre à la valeur liquidative par Action desdites autres Catégories d’Actions du Fonds concerné tel que fixé par le Gestionnaire et communiqué à l’avance à la Banque Centrale, ainsi qu’aux Actionnaires potentiels.
| CATÉGORIES D’ACTIONS approuvées par la Banque Centrale à la date du présent Supplément |
| --- |
| Catégories libellées en Dollars américains | Catégories libellées en Euros | Catégories libellées en Livres sterling | Catégories libellées en Dollars de Hong Kong | Catégories libellées en Dollars australiens | Catégories libellées en Francs suisses | Catégories libellées en Dollars canadiens | Catégories libellées en Renminbi (CNH) | Catégories libellées en Couronnes suédoises | Catégories libellées en Dollars néo- zélandais | Catégories libellées en Dollars de Singapour |
| A2 USD E2 USD I2 USD S2 USD H2 USD G2 USD V2 USD Z2 USD A3 m USD I1 USD H1m USD Z1 USD | A2 HEUR B2 HEUR E2 HEUR I2 HEUR S2 HEUR H2 HEUR G2 HEUR V2 HEUR Z2 EUR A3 m HEUR H1 m HEUR | I2 HGBP I2 GBP S2 HGBP H2 HGBP H2 GBP G2 HGBP G2 GBP Z2 GBP Z2 HGBP | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF G2 HCHF Z2 CHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD |


### Supplément concernant le Fonds

### Janus Henderson Global Investment Grade Bond Fund

### Le présent Supplément est établi en date du 26 février 2021.
Le présent Supplément contient des informations spécifiques au fonds Janus Henderson Global Investment Grade Bond Fund (le « Fonds »), un compartiment de Janus Henderson Capital Funds plc (la « Société »). La Société est un OPCVM établi sous la forme d’une société d’investissement à capital variable avec séparation des passifs entre les Fonds, constituée en Irlande et régie par la Banque centrale.
Ce Supplément fait partie intégrante du dernier Prospectus et doit être lu conjointement avec celui-ci. Le Prospectus peut être révisé ou complété de temps à autre. Les termes commençant par une majuscule utilisés dans le présent Supplément, qui n'ont pas été définis dans les présentes, ont la même signification que dans le Prospectus.

### RÉSUMÉ

### Les informations reprises sous ce titre constituent un résumé des principales caractéristiques du Fonds et doivent être lues conjointement avec le texte complet de ce Supplément.
| Catégories d’Actions | Des précisions sur les Catégories d'Actions sont présentées ci-dessous à la section intitulée « Catégories d’Actions ». |
| --- | --- |
| L’attention des investisseurs est attirée sur le fait qu’à la date du présent Supplément, seules certaines Catégories d’Actions du Fonds sont actuellement ouvertes à la souscription. En outre, toutes les Catégories d’Actions ne sont pas disponibles dans toutes les juridictions. Les investisseurs sont priés de se mettre en rapport avec l’Agent de Distribution pour obtenir la liste des Catégories d’Actions à leur disposition. |
| Fréquence des souscriptions, rachats et échanges | Sauf indication contraire des Administrateurs et/ou du Gestionnaire, les souscriptions, les rachats et les échanges d’Actions peuvent être effectués tout Jour Ouvré en suivant les procédures décrites dans les sections du Prospectus intitulées « Comment acheter des Actions », « Comment obtenir le rachat d’Actions » et « Comment échanger ou céder des Actions ». |
| Souscriptions minimales | Les souscriptions initiales et ultérieures minimales applicables à chaque Catégorie au sein du Fonds sont spécifiées dans la section du Prospectus intitulée « Comment acheter des Actions ». |
| Adaptation des Catégories | L’adaptation des Catégories et l’éligibilité des investisseurs pour des Catégories particulières sont décrites à la section intitulée « Les Actions » du Prospectus. |
| Devise de base | Dollar US |


### OBJECTIF ET POLITIQUES D’INVESTISSEMENT
L’objectif d’investissement du Fonds est d’optimiser le rendement total. Le Fonds poursuit son objectif d’investissement en investissant au moins 80 % dans des obligations bénéficiant d’une notation de Premier Ordre d’émetteurs du monde entier. Le montant total du Fonds qui peut être investi dans des titres négociés sur les Marchés en développement est de 20 % de la valeur liquidative du Fonds et un maximum de 10 % de la valeur liquidative du Fonds peut être investi dans des titres négociés sur l’un quelconque des Marchés en développement.
Le Fonds peut employer des techniques et instruments d’investissement, tels que des contrats à terme normalisés, des options, des swaps et autres instruments dérivés à des fins de gestion efficace du portefeuille (c’est-à-dire une réduction des risques, une réduction des coûts et la génération de capital ou de revenu supplémentaire pour le Fonds) ou à des fins d’investissement (comme indiqué dans la section intitulée « Types
et description d’instruments financiers dérivés ») des présentes, sous réserve des conditions et dans les limites stipulées périodiquement par la Banque Centrale concernant l’acquisition ou la couverture d’une exposition aux placements dont il s’agit dans ces politiques d’investissement.

### Objectif de performance : Surperformer l’indice Bloomberg Barclays Global Aggregate Corporate Bond Hedged USD de 1,25 % par an, avant déduction des frais, sur toute période de 5 ans.
Le Fonds est géré activement en fonction de l’indice Bloomberg Barclays Global Aggregate Corporate Bond Hedged USD, qui est largement représentatif des obligations dans lesquelles il peut investir et sur la base duquel l’objectif de performance du Fonds est défini. Le Conseiller en Investissement par Délégation a le pouvoir discrétionnaire de choisir des investissements pour le Fonds avec des pondérations différentes de l’indice ou n’y figurant pas, même si le Fonds peut parfois détenir des investissements similaires à l’indice. Les détails de la performance du Fonds sont disponibles dans les rapports annuels et semestriels, les documents de commercialisation et dans le DICI. Rien ne garantit que la performance du Fonds sera égale ou supérieure à cet indice de référence.
La recherche de crédit fondamentale prospective du Conseiller en Investissement par Délégation vise à créer un portefeuille regroupant les meilleures idées dans tous les secteurs des titres à revenu fixe afin de mettre en pratique ses opinions fondées sur une forte conviction. La sélection des titres fait appel à un processus d’investissement ascendant axé sur les fondamentaux qui se concentre sur les obligations bénéficiant d’une notation de Premier Ordre de sociétés du monde entier ayant pris comme engagement de transformer et d’améliorer leur bilan, de générer des flux de trésorerie disponible, de garantir la qualité de la gestion et de procéder à la valorisation des titres. Cette approche se fonde sur la conviction que certaines sociétés ont des forces inhérentes, ont de meilleures perspectives que leurs homologues et devraient donc surclasser l’industrie, même dans des circonstances économiques ou industrielles difficiles. Un cadre descendant dynamique permet au Conseiller en Investissement par Délégation d’évaluer le stade du cycle de crédit, d’identifier les opportunités et de prendre des risques à un degré raisonnable à travers les secteurs et les régions géographiques.
Sous réserve des politiques d’investissement décrites ci-dessous, le Fonds peut investir dans une vaste gamme de Titres d’État et Titres de créance productifs de revenus, Titres indexés/structurés, titres adossés à des créances hypothécaires et à des actifs, émis ou garantis par un gouvernement d’un pays membre de l’OCDE, ou par ses agences ou organismes, ou par un émetteur privé (jusqu'à 30 % de la valeur liquidative du Fonds), en titres à coupon zéro, en titres payant leurs intérêts en nature (ex. obligations payant un intérêt sous la forme d’obligations supplémentaires de même nature) et en Titres à Coupon Progressif (jusqu'à 30 % de la valeur liquidative du Fonds), en actions de préférence et en actions versant des revenus (jusqu'à 10 % de la valeur liquidative du Fonds), en REIT, en obligations convertibles, c’est-à-dire en Titres de créance assortis du droit d’acquérir des actions, comme l’attestent les warrants attachés à ces titres ou acquis avec ceux-ci, ou en Titres de créance convertibles en actions (jusqu'à 25 % de la valeur liquidative du Fonds). Sous réserve des politiques d’investissement décrites dans les présentes, le Fonds peut investir en actions et autres titres de capital (tels que des obligations convertibles en actions) (sous réserve de la limite ci-dessus de 10 % de la valeur liquidative du Fonds). Le Fonds peut investir, directement ou indirectement (à savoir par l’intermédiaire de certificats américains d’actions étrangères, de certificats européens d’actions étrangères et de certificats internationaux d’actions étrangères) sur les marchés concernés. En outre, le Fonds peut acquérir des participations/cessions dans des prêts hypothécaires à taux variables ou d’autres prêts commerciaux qui sont liquides et permettront des ajustements de taux d’intérêt au moins tous les 397 jours et qui peuvent être garantis par des biens immobiliers ou d’autres actifs. Ces participations peuvent consister en des participations dans le prêt ou en cessions de celui-ci, ou peuvent être acquises auprès de banques, de courtiers qui ont consenti le prêt ou de membres du syndicat qui l’a mis en place. Ces participations ne dépasseront pas, au total, 10 % de la valeur liquidative du Fonds.
Sous réserve de la politique d’investissement énoncée dans les présentes, le Fonds peut investir à concurrence de 30 % dans des instruments du marché monétaire (y compris dans des Titres de créance à court terme admis à la cote ou négociés sur un Marché réglementé dont la durée résiduelle ne dépasse pas 397 jours) et à concurrence de 20 % dans des obligations à haut rendement bénéficiant d’une note B ou supérieure attribuée par Moody’s, S&P ou Fitch ou, si ces obligations ne sont pas notées, dans des obligations réputées de qualité comparable par le Conseiller en Investissement. Le Fonds peut continuer à détenir des titres ayant perdu une note de Premier Ordre après l’achat, mais ne pourra effectuer d’achats supplémentaires de ces titres, à moins que ces achats soient compris dans les limites imposées ci-dessus pour les obligations à haut rendement.
Dans la mesure autorisée pour investir dans de tels titres en vertu des politiques d’investissement énoncées dans les présentes, le Fonds n’investira pas plus de 10 % de sa valeur liquidative dans des titres émis ou garantis par un seul pays (y compris son gouvernement, une autorité publique ou locale du pays en question) assortis d’une notation de crédit inférieure à Investment Grade.
Le Fonds pourra investir jusqu’à concurrence de 5 % de sa valeur liquidative dans des titres d’autres Organismes de placement collectif admissibles. Un tel investissement englobe la possibilité d’investir dans d’autres Fonds. Cependant, le Fonds ne peut pas investir dans un autre Fonds détenant lui-même des Actions d’un autre Fonds. Lorsqu'il investit dans un autre Fonds, le Fonds ne peut pas prélever une commission annuelle de gestion de portefeuille et/ou de gestion administrative pour ce qui concerne la fraction de ses actifs qui sont investis dans l'autre Fonds.
Le Fonds peut investir en instruments financiers dérivés à des fins de gestion efficace du portefeuille. Les investissements du Fonds en instruments dérivés seront soumis aux limites stipulées dans la politique d’investissement du Fonds ainsi qu’aux conditions et limites éventuellement stipulées par la Banque centrale. Dans certaines circonstances, le Fonds utilisera des instruments financiers dérivés comme levier. Le Fonds est autorisé à des fins d’investissement à investir jusqu’à 100 % de sa valeur liquidative dans des instruments financiers dérivés. Le montant maximal d’effet de levier (lorsqu’il est calculé en utilisant l’approche d’engagement) que le Fonds peut créer grâce à l’utilisation d’instruments financiers dérivés est de 100 % de la valeur liquidative du Fonds. Toutefois, les Actionnaires doivent noter que, compte tenu de la nature des instruments dérivés et du fait que ces instruments peuvent être négociés à la marge, un relativement faible mouvement défavorable du cours du sous-jacent d’un instrument dérivé donné peut entraîner des mouvements immédiats et importants de l’exposition du Fonds à cet instrument dérivé. Si les limites d’exposition liées à un instrument dérivé devaient être supérieures pour des raisons échappant au contrôle du Fonds, celui-ci aura pour priorité de remédier à cette situation en tenant compte des intérêts de ses Actionnaires.

### UTILISATION DE MESURES DÉFENSIVES TEMPORAIRES
Dans certaines circonstances, à titre temporaire et exceptionnel, lorsque le Conseiller en Investissement ou le Conseiller en Investissement par Délégation concerné estime qu’il en va de l’intérêt des Actionnaires, le Fonds pourra effectuer quelques entorses à ses politiques d’investissement telles qu’elles figurent ci-dessus. Pour de plus amples informations, se référer à la section « Utilisation de mesures défensives temporaires » du Prospectus.

### PROFIL DE L’INVESTISSEUR TYPE

### Le Fonds s’adresse à une grande diversité d’investisseurs, qui recherchent l’accès à un portefeuille géré dans le respect d’un objectif et d’une politique d’investissement spécifiques.
L’investisseur potentiel doit choisir la Catégorie qui correspond le mieux à ses besoins. En sélectionnant une Catégorie, les investisseurs potentiels doivent prendre en considération les éléments suivants :
- le montant qu’ils prévoient d’investir ;
- la durée de détention prévue des Actions ;
- les frais payés au titre de chaque Catégorie ;
- l’admissibilité des Actionnaires au bénéfice d’une renonciation ou d’un abandon des droits d’entrée ;
- la devise de la catégorie d’actions.


### LIMITES D'INVESTISSEMENTS

### Chacun des investissements du Fonds sera limité aux investissements autorisés par le Règlement sur les OPCVM et d'autres limites applicables stipulées à l'Annexe 4 du Prospectus.

### UTILISATION D’INSTRUMENTS ET DE TECHNIQUES D’INVESTISSEMENT ET D’INSTRUMENTS FINANCIERS DÉRIVÉS
Sous réserve de la capacité du Fonds à investir dans des instruments financiers dérivés à des fins d'investissement, comme indiqué à la section « Objectif et Politiques d’investissement » ci-dessus, le Conseillers en Investissement par Délégation peut seulement employer des instruments et des techniques d’investissement tels que des contrats à terme normalisés, des options, des swaps et autres instruments financiers dérivés pour une gestion efficace du portefeuille (à savoir une réduction des risques, une réduction des coûts et la génération de capital ou de revenu supplémentaire pour le Fonds) et le Conseiller en Investissement par Délégation est tenu de se conformer aux conditions et restrictions stipulées périodiquement par la Banque centrale. De plus amples informations figurent aux sections « Utilisation d'instruments et de techniques d'investissement et d'instruments financiers dérivés » et « Types et description d'instruments financiers dérivés » du Prospectus.
La principale méthode de calcul de l’exposition globale pour le Fonds est l'approche d'engagement. Cependant, le modèle de la VaR ne sera utilisé que lorsque le volume d’instruments dérivés utilisé est plus élevé ou la mise en œuvre des stratégies de produits dérivés est plus complexe ou lorsque le profil de risque du Fonds a connu un certain changement.

### RÈGLEMENT SUR LES OPÉRATIONS DE FINANCEMENT SUR TITRES
Comme décrit plus particulièrement dans la section « Réglementation des opérations de financement sur titres » du Prospectus, sous réserve des limites d’investissement indiquées en Annexe 4 du Prospectus, ainsi que des limites d’investissement définies à la section « Objectif et politiques d’investissement » du Supplément : (a) en ce qui concerne les investissements autorisés dans les swaps sur rendement total, le Fonds peut investir au maximum 100 % de sa Valeur liquidative ; et (b) le Fonds peut investir au maximum 100 % de sa Valeur liquidative dans des Opérations de financement sur titres. Sous réserve des limites susmentionnées, le Fonds devrait en général investir entre 0 et 20 % de sa Valeur liquidative dans des swaps sur rendement total et des Opérations de financement sur titres.

### FACTEURS DE RISQUE ET CONSIDÉRATIONS PARTICULIÈRES
L’attention des investisseurs est attirée sur les facteurs de risque et autres considérations particulières qui sont décrits dans le Prospectus à la section intitulée « Facteurs de risque et considérations particulières » et qui peuvent affecter le Fonds. Cette liste de facteurs de risque liés aux investissements dans le Fonds n’est pas exhaustive, et l’attention de l’investisseur est attirée sur la description des instruments financiers qui apparaît à la section « Objectif et politiques d’investissement ».

### POLITIQUE DE DISTRIBUTION
Telles que décrites plus particulièrement dans le Prospectus à la section « Les Actions » et dans le Supplément à la section intitulée « Catégories d'Actions », les Catégories d’Actions de Distribution peuvent différer en termes de fréquence de distribution. Les Catégories d’Actions de Distribution peuvent effectuer des distributions de façon mensuelle, trimestrielle, semestrielle ou annuelle, tel que déterminé moment du lancement de la Catégorie d’Actions concernée. La fréquence de distribution des Catégories d’Actions est indiquée dans le tableau ci-dessous :
| Fréquence de distribution | Dates de déclaration de distribution |
| --- | --- |
| Catégories d’Actions de capitalisation |
| Sans objet | Sans objet |
| Catégories d’Actions de Distribution |
| Mensuelle | Mensuelle, en principe le 15 de chaque mois à moins que ce jour ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |

| Fréquence de distribution | Dates de déclaration de distribution |
| --- | --- |
| Trimestrielle | Trimestrielle, normalement le 15 janvier, le 15 avril, le 15 juillet et le 15 octobre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Semestrielle | Semestrielle, en principe le 15 avril et le 15 octobre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Annuelle | Annuelle, en principe le 15 octobre à moins qu’il ne s’agisse pas d’un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède la date mentionnée. |


### HEURES LIMITES DE NÉGOCIATION ET HEURES DE RÈGLEMENT
Les ordres de souscription d’Actions reçus et acceptés par ou au nom de l’Agent de transfert ou la Société et/ou le Gestionnaire avant l’Heure Limite de Négociation au cours d’un Jour Ouvré repris dans les tableaux ci-dessous seront traités au prix de l’offre déterminé ce Jour Ouvré. Les ordres de souscription d’Actions reçus par ou au nom de l’Agent de transfert ou de la Société et/ou du Gestionnaire après l’Heure Limite de Négociation un Jour Ouvré seront traités au prix de l’offre déterminé le Jour Ouvré suivant. Si le paiement des ordres de souscription n’est pas reçu à l’Heure de Règlement correspondante, une souscription peut être annulée ou l’Actionnaire peut être amené à payer des intérêts sur les montants de souscription non soldés aux taux normaux en vigueur. Dans ce cas, l’Agent de Distribution ou l’Actionnaire peut être tenu responsable de toute perte subie par le Fonds.
Le traitement des ordres de rachat est assujetti à la réception et l’acceptation par ou au nom de l’Agent de transfert, la Société et/ou le Gestionnaire d’un ordre de rachat valable. Sous réserve des dispositions de la section « Limites de rachat » dans le Prospectus, les ordres de rachat reçus et acceptés par ou au nom de l’Agent de transfert ou par la Société ou par le Gestionnaire avant l’Heure Limite de Négociation un Jour Ouvré seront traités à la valeur liquidative par Action déterminée ce Jour Ouvré.
| Souscription | Heure Limite de Négociation | Heure de Règlement |
| --- | --- | --- |
| Souscriptions (autres que les Actions de Catégorie Z) | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |
| Souscriptions effectuées directement auprès de l’Agent de Transfert par des Investisseurs Institutionnels Éligibles/Actions de Catégorie Z | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | 15h30, heure de Londres J |

| Rachat | Heure Limite de Négociation | Heure de Règlement |
| --- | --- | --- |
| Tous les Rachats | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |


### LE CONSEILLER EN INVESTISSEMENT PAR DÉLÉGATION
Le Gestionnaire a désigné JCIL en tant que conseiller en investissement de la Société. À la date du présent Supplément, JCIL a délégué à JCM et HGIL la responsabilité de fournir des services discrétionnaires de conseil et de gestion de portefeuille, concernant tout ou partie des actifs du Fonds.

### CHARGES ET COMMISSIONS
Les charges et commissions auxquelles est soumis tout investissement dans un Fonds (comprenant les droits d’entrée, les droits de sortie conditionnels différés (CDSC), l’ajustement de la dilution, une commission de gestion et une commission de distribution) sont décrits en détail dans le Prospectus à la section « Charges et Commissions », dont un résume figure ci-dessous. Les Charges et Commissions sur les Catégories d’Actions de capital peuvent imputer certaines commissions et charges sur le capital plutôt que sur les revenus.
| Type de commission | Actions de Catégorie A | Actions de Catégorie B | Actions de Catégorie E | Actions de Catégorie G | Actions de Catégorie H | Actions de Catégorie I | Actions de Catégorie S | Actions de Catégorie V | Actions de Catégorie Z |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Droit d'entrée | Jusqu'à 5,00 % du montant souscrit | S/O | Jusqu'à 1,00 % du montant souscrit | S/O | S/O | Jusqu'à 2,00 % du montant souscrit | Jusqu'à 2,00 % du montant souscrit | S/O | S/O |
| CDSC Moins d'un an depuis l’achat - à 2 ans
- à 3 ans
- à 4 ans Plus de 4 ansdepuis l’achat
 | S/O | 4 % 3 % 2 % 1 % 0 % | S/O | S/O | S/O | S/O | S/O | 3 % 2 % 1 % 0 % - | S/O |
| Commissions de services aux Actionnaires | Jusqu'à 0,40 % de la valeur liquidative | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 1,00 % de la valeur liquidative | S/O | S/O | S/O | S/O | Jusqu'à 0,75 % de la valeur liquidative | S/O |
| Commission de distribution | S/O | Jusqu'à 1,00 % de la valeur liquidative | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Commission de gestion d’investissem ent | Jusqu'à 0,55 % de la valeur liquidative | Jusqu'à 1,00 % de la valeur liquidative | Jusqu'à 0,55 % de la valeur liquidative | Jusqu'à 0,60 % de la valeur liquidative | Jusqu'à 0,55 % de la valeur liquidative | Jusqu'à 0,50 % de la valeur liquidative | Jusqu'à 0,60 % de la valeur liquidative | Jusqu'à 1,00 % de la valeur liquidative | Voir Prospectus |
| Commission de performance | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Charges et Commissions | 1,20 % de la valeur liquidative | S/O | 1,40 % de la valeur liquidative | 0,85 % de la valeur liquidative | 0,70 % de la valeur liquidative | 0,60 % de la valeur liquidative | 0,85 % de la valeur liquidative | 2,50 % de la valeur liquidative | Voir Prospectus |


### AJUSTEMENT DE DILUTION
Un ajustement de dilution peut être appliqué à la Valeur liquidative par Action du Fonds au cours d’un jour de négociation (i) si les souscriptions ou rachats nets dépassent le seuil déterminé à l’avance relatif à la Valeur liquidative du Fonds (lorsqu’un tel seuil est ponctuellement déterminé à l’avance pour le Fonds par le Gestionnaire) ou (ii) dans tout autre cas impliquant des souscriptions ou des rachats nets dans le Fonds, si le Gestionnaire ou ses délégués estiment raisonnablement que l’imposition d’un ajustement de dilution s’inscrira dans l’intérêt des Actionnaires existants.

### CATÉGORIES D’ACTIONS
Comme décrit plus particulièrement dans la section « Les Actions » du Prospectus, la Société propose 11 Catégories d’Actions avec diverses politiques de distribution, fréquences de distribution, politiques de couverture et devises dans chaque Catégorie. Le nouveau nom de chaque Catégorie d’Actions offertes par la Société permet aux Actionnaires d’identifier la politique de distribution, la fréquence de distribution, la politique de couverture et la devise d’une Catégorie en fonction de sous-classifications. Le tableau ci-dessous apporte des précisions sur les Catégories d’Actions du Fonds approuvées par la Banque Centrale, ainsi que sur les Catégories disponibles à l’achat à la date du présent Supplément.
Si, pour une catégorie d’actions donnée d’un fonds donné, aucune émission n’avait préalablement été faite ou s’il est procédé à une réémission, une souscription initiale sera alors possible : (i) à la/aux date(s) devant être déterminée(s) par le Gestionnaire et communiquée(s) à l’avance à la Banque centrale et (ii) le prix de l’offre initiale et le prix de réémission stipulés dans le Prospectus à la section intitulée « Offres initiales de catégories d’actions ». Dans le cas d’un Fonds au titre duquel une ou plusieurs Catégories d’Actions sont déjà émises, le prix de l’offre initiale par Action pour toute Catégorie d’Actions supplémentaire émise en rapport avec ledit Fonds pourra correspondre à la valeur liquidative par Action desdites autres Catégories d’Actions du Fonds concerné tel que fixé par le Gestionnaire et communiqué à l’avance à la Banque Centrale, ainsi qu’aux Actionnaires potentiels.
| CATÉGORIES D’ACTIONS approuvées par la Banque Centrale à la date du présent Supplément |
| --- |
| Catégories libellées en Dollars américains | Catégories libellées en Euros | Catégories libellées en Livres sterling | Catégories libellées en Dollars de Hong Kong | Catégories libellées en Dollars australiens | Catégories libellées en Francs suisses | Catégories libellées en Dollars canadiens | Catégories libellées en Renminbi (CNH) | Catégories libellées en Couronnes suédoises | Catégories libellées en Dollars néo- zélandais | Catégories libellées en Dollars de Singapour | Catégories libellées en Yens japonais |
| A2 USD E2 USD I2 USD S2 USD H2 USD G2 USD V2 USD Z2 USD A3 m USD I1 m USD H1m USD Z1 USD A3 USD A3s USD A3q USD A3m USD A4q USD A4m USD A5m USD I1 USD I3 USD I3s USD I3q USD I3m USD I4q USD I4m USD I5m USD H1 USD H3 USD H3s USD H3q USD H3m USD H4q USD H4m USD H5m USD G1 USD G3 USD G3s USD G3q USD G3m USD G4q USD G4m USD G5m USD E1 USD E3 USD E3s USD E3q USD E3m USD E4q USD E4m USD E5m USD | A2 HEUR B2 HEUR E2 HEUR I2 HEUR S2 HEUR H2 HEUR G2 HEUR V2 HEUR Z2 EUR A3 m HEUR E3 m HEUR I1 m HEUR A3 HEUR A3s HEUR A3q HEUR A3m HEUR A4q HEUR A4m HEUR A5m HEUR I1 HEUR I3 HEUR I3s HEUR I3q HEUR I3m HEUR I4q HEUR I4m HEUR I5m HEUR H1 HEUR H3 HEUR H3s HEUR H3q HEUR H3m HEUR H4q HEUR H4m HEUR H5m HEUR G1 HEUR G3 HEUR G3s HEUR G3q HEUR G3m HEUR G4q HEUR G4m HEUR G5m HEUR E1 HEUR E3 HEUR E3s HEUR E3q HEUR E3m HEUR E4q HEUR E4m HEUR E5m HEUR A2 EUR A3m EUR I2 EUR I3m EUR H2 EUR H3m EUR G2 EUR G3m EUR | I2 HGBP I2 GBP S2 HGBP H2 HGBP H2 GBP G2 HGBP G2 GBP Z2 GBP Z2 HGBP H1 HGBP H3 HGBP H3s HGBP H3q HGBP H3m HGBP H4q HGBP H4m HGBP H5m HGBP G1 HGBP G3 HGBP G3s HGBP G3q HGBP G3m HGBP G4q HGBP G4m HGBP G5m HGBP I1 HGBP I3 HGBP I3s HGBP I3q HGBP I3m HGBP I4q HGBP I4m HGBP I5m HGBP | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD A3 HKD A3s HKD A3q HKD A3m HKD A4q HKD A4m HKD A5m HKD I1 HKD I3 HKD I3s HKD I3q HKD I3m HKD I4q HKD I4m HKD I5m HKD H1 HKD H3 HKD H3s HKD H3q HKD H3m HKD H4q HKD H4m HKD H5m HKD G1 HKD G3 HKD G3s HKD G3q HKD G3m HKD G4q HKD G4m HKD G5m HKD E1 HKD E3 HKD E3s HKD E3q HKD E3m HKD E4q HKD E4m HKD E5m HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD A3 HAUD A3s HAUD A3q HAUD A3m HAUD A4q HAUD A4m HAUD A5m HAUD I1 HAUD I3 HAUD I3s HAUD I3q HAUD I3m HAUD I4q HAUD I4m HAUD I5m HAUD H1 HAUD H3 HAUD H3s HAUD H3q HAUD H3m HAUD H4q HAUD H4m HAUD H5m HAUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF G2 HCHF Z2 CHF A3 HCHF A3s HCHF A3q HCHF A3m HCHF A4q HCHF A4m HCHF A5m HCHF I1 HCHF I3 HCHF I3s HCHF I3q HCHF I3m HCHF I4q HCHF I4m HCHF I5m HCHF H1 HCHF H3 HCHF H3s HCHF H3q HCHF H3m HCHF H4q HCHF H4m HCHF H5m HCHF G1 HCHF G3 HCHF G3s HCHF G3q HCHF G3m HCHF G4q HCHF G4m HCHF G5m HCHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH A5m HCNH A3 HCNH A3s HCNH A3q HCNH A3m HCNH A4q HCNH A4m HCNH A5m HCNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD A3 HSGD A3s HSGD A3q HSGD A3m HSGD A4q HSGD A4m HSGD A5m HSGD A3 SGD A3s SGD A3q SGD A3m SGD A4q SGD A4m SGD A5m SGD I1 HSGD I3 HSGD I3s HSGD I3q HSGD I3m HSGD I4q HSGD I4m HSGD I5m HSGD I1 SGD I3 SGD I3s SGD I3q SGD I3m SGD I4q SGD I4m SGD I5m SGD | Z1 HJPY Z1 JPY |


### Supplément concernant le Fonds Janus Henderson Multi-Sector Income Fund

### Le présent Supplément est établi en date du 26 février 2021.
Le présent Supplément contient des informations spécifiques au fonds Janus Henderson Multi-Sector Income Fund (le « Fonds »), un compartiment de Janus Henderson Capital Funds plc (la « Société »). La Société est un OPCVM établi sous la forme d’une société d’investissement à capital variable avec séparation des passifs entre les Fonds, constituée en Irlande et régie par la Banque centrale.
Ce Supplément fait partie intégrante du dernier Prospectus et doit être lu conjointement avec celui-ci. Le Prospectus peut être révisé ou complété de temps à autre. Les termes commençant par une majuscule utilisés dans le présent Supplément, qui n'ont pas été définis dans les présentes, ont la même signification que dans le Prospectus.

### RÉSUMÉ

### Les informations reprises sous ce titre constituent un résumé des principales caractéristiques du Fonds et doivent être lues conjointement avec le texte complet de ce Supplément.
| Catégories d’Actions | Des précisions sur les Catégories d'Actions sont présentées ci-dessous à la section intitulée « Catégories d’Actions ». |
| --- | --- |
| L’attention des investisseurs est attirée sur le fait qu’à la date du présent Supplément, seules certaines Catégories d’Actions du Fonds sont actuellement ouvertes à la souscription. En outre, toutes les Catégories d’Actions ne sont pas disponibles dans toutes les juridictions. Les investisseurs sont priés de se mettre en rapport avec l’Agent de Distribution pour obtenir la liste des Catégories d’Actions à leur disposition. |
| Fréquence des souscriptions, rachats et échanges | Sauf indication contraire des Administrateurs et/ou du Gestionnaire, les souscriptions, les rachats et les échanges d’Actions peuvent être effectués tout Jour Ouvré en suivant les procédures décrites dans les sections du Prospectus intitulées « Comment acheter des Actions », « Comment obtenir le rachat d’Actions » et « Comment échanger ou céder des Actions ». |
| Souscriptions minimales | Les souscriptions initiales et ultérieures minimales applicables à chaque Catégorie au sein du Fonds sont spécifiées dans la section du Prospectus intitulée « Comment acheter des Actions ». |
| Adaptation des Catégories | L’adaptation des Catégories et l’éligibilité des investisseurs pour des Catégories particulières sont décrites à la section intitulée « Les Actions » du Prospectus. |
| Devise de base | Dollar US |


### OBJECTIF ET POLITIQUES D’INVESTISSEMENT
L’objectif d’investissement du Fonds est de réaliser un revenu élevé avec une concentration moins forte sur l’appréciation du capital. Le Fonds investit principalement dans un portefeuille multisectoriel de Titres de créance émis par des émetteurs situés partout dans le monde. Les émetteurs américains représenteront généralement au moins 80 % de sa valeur liquidative et toujours au moins 70 % de sa valeur liquidative. Les secteurs typiques dans lesquels le Fonds a la possibilité d’investir peuvent être constitués, sans toutefois s’y limiter, de crédits aux entreprises, de titres adossés à de créances hypothécaires, de titres adossés à des actifs, de titres d’État, de prêts participatifs, de titres à rendement élevé et de titres des marchés émergents.
Le Fonds n’applique pas de critères définis concernant l’échéance ou la qualité. Ainsi son échéance et sa qualité moyennes peuvent varier considérablement. Le Fonds peut investir dans des Titres d’État, dans des titres adossés à des créances hypothécaires et des titres adossés à des actifs émis ou garantis par le
gouvernement d’un pays membre de l’OCDE, ses agences ou organismes ou par des émetteurs privés, dans des obligations garanties ou des actions de préférence. Les hypothèques et obligations convertibles dans lesquels le Fonds investira ne contiendront pas de dérivés incorporés ou d’effet de levier. Le Fonds peut investir jusqu’à 65 % de sa valeur liquidative en Titres de Créance ou en actions de préférence de rang spéculatif (non Investment Grade) ou en Titres de Créance non notés dont le Conseiller en Investissement par Délégation estime la qualité similaire. Il peut détenir d’importantes positions dans ce type de titres.
Le Fonds peut employer des techniques d’investissement et des instruments tels que des contrats à terme normalisés, des options, swaps et autres instruments financiers dérivés pour une gestion efficace du portefeuille (à savoir une réduction des risques, une réduction des coûts et la génération de capital ou de revenu supplémentaire pour le Fonds) ou à des fins d’investissement (comme indiqué dans la section « Types et description des instruments financiers dérivés »), sous réserve des conditions et dans les limites stipulées périodiquement par la Banque Centrale concernant l’acquisition ou la couverture d’une exposition aux placements dont il s’agit dans ces politiques d’investissement.

### Objectif de performance : Surperformer l’indice Bloomberg Barclays US Aggregate Bond de 1,25 % par an, avant déduction des frais, sur toute période de 5 ans.
Le Fonds est géré activement en fonction de l’indice Bloomberg Barclays US Aggregate Bond, qui est largement représentatif des obligations dans lesquelles il peut investir et sur la base duquel l’objectif de performance du Fonds est défini. Les Conseillers en Investissement par Délégation ont le pouvoir discrétionnaire de choisir des investissements pour le Fonds avec des pondérations différentes de l’indice ou n’y figurant pas, même si le Fonds peut parfois détenir des investissements similaires à l’indice. Les détails de la performance du Fonds sont disponibles dans les rapports annuels et semestriels, les documents de commercialisation et dans le DICI. Rien ne garantit que la performance du Fonds sera égale ou supérieure à cet indice de référence.
Les Conseillers en Investissement par Délégation cherchent à identifier les futurs gagnants et perdants afin de mettre en pratique leurs opinions fondées sur une forte conviction. La sélection des titres fait appel à un processus d’investissement ascendant axé sur les fondamentaux qui se concentre sur les sociétés du monde entier ayant pris comme engagement de transformer et d’améliorer leur bilan, de générer des flux de trésorerie disponible, de garantir la qualité de la gestion et de procéder à la valorisation des titres. Cette approche se fonde sur la conviction que certaines sociétés ont des forces inhérentes, ont de meilleures perspectives que leurs homologues et devraient donc surclasser l’industrie, même dans des circonstances économiques ou industrielles difficiles. Un cadre descendant dynamique permet aux Conseillers en Investissement par Délégation de prendre des décisions d’allocation sectorielle actives basées sur l’évaluation du stade du cycle de crédit, de se forger une opinion sur les perspectives du marché, d’identifier les opportunités et de prendre des risques à un degré raisonnable à travers les secteurs et les régions géographiques.
En raison de son exposition aux titres de qualité inférieure (below Investment Grade) et aux Marchés en développement, un investissement dans le Fonds ne doit pas représenter une part substantielle d’un portefeuille d’investissement et peut ne pas convenir à tous les investisseurs.
Sous réserve des politiques d’investissement décrites ci-dessous, le Fonds peut investir dans une vaste gamme de Titres d’État et Titres de créance productifs de revenus, Titres indexés/structurés, titres adossés à des créances hypothécaires et à des actifs, émis ou garantis par un gouvernement d’un pays membre de l’OCDE, ou par ses agences ou organismes, ou par un émetteur privé, en titres à coupon zéro, en titres payant leurs intérêts en nature (ex. obligations payant un intérêt sous la forme d’obligations supplémentaires de même nature) et en Titres à Coupon Progressif, en actions de préférence et en actions versant des revenus, en REIT, en obligations convertibles, c’est-à-dire en Titres de créance assortis du droit d’acquérir des actions, comme l’attestent les warrants attachés à ces titres ou acquis avec ceux-ci, ou en Titres de créance convertibles en actions. Sous réserve des politiques d’investissement décrites dans les présentes, le Fonds peut investir en actions et autres titres de capital (tels que des obligations convertibles en actions). Le Fonds peut investir, directement ou indirectement (à savoir par l’intermédiaire de certificats américains d’actions étrangères, de certificats européens d’actions étrangères et de certificats internationaux d’actions étrangères) sur les marchés concernés. En outre, le Fonds peut acquérir des participations/cessions dans des prêts hypothécaires à taux variables ou d’autres prêts commerciaux qui sont liquides et permettront des ajustements de taux d’intérêt au moins tous les 397 jours et qui peuvent être garantis par des biens immobiliers ou d’autres actifs. Ces participations peuvent consister en des participations dans le prêt ou en cessions de celui-ci, ou
peuvent être acquises auprès de banques, de courtiers qui ont consenti le prêt ou de membres du syndicat qui l’a mis en place. Ces participations ne dépasseront pas, au total, 20 % de la valeur liquidative du Fonds.
Sous réserve des politiques d’investissement décrites dans les présentes, le Fonds peut investir sans limitation en Titres de Créance et en actions de préférence de rang spéculatif (non Investment Grade). Le Fonds peut également acquérir des titres en défaillance si, de l’avis du Conseiller en Investissement par Délégation concerné, il apparaît probable que l’émetteur pourra reprendre le paiement des intérêts ou si d’autres évolutions favorables semblent probables à court terme.
Le Fonds pourra investir jusqu’à concurrence de 5 % de sa valeur liquidative dans des titres d’autres Organismes de placement collectif admissibles. Un tel investissement englobe la possibilité d’investir dans d’autres Fonds. Cependant, le Fonds ne peut pas investir dans un autre Fonds détenant lui-même des Actions d’un autre Fonds. Lorsqu'il investit dans un autre Fonds, le Fonds ne peut pas prélever une commission annuelle de gestion de portefeuille et/ou de gestion administrative pour ce qui concerne la fraction de ses actifs qui sont investis dans l'autre Fonds.
Le Fonds peut investir en instruments financiers dérivés à des fins de gestion efficace du portefeuille. Les investissements du Fonds en instruments dérivés seront soumis aux limites stipulées dans la politique d’investissement du Fonds ainsi qu’aux conditions et limites éventuellement stipulées par la Banque centrale. Dans certaines circonstances, le Fonds utilisera des instruments financiers dérivés comme levier. Le Fonds est autorisé à des fins d’investissement à investir jusqu’à 100 % de sa valeur liquidative dans des instruments financiers dérivés. Le montant maximal d’effet de levier (lorsqu’il est calculé en utilisant l’approche d’engagement) que le Fonds peut créer grâce à l’utilisation d’instruments financiers dérivés est de 100 % de la valeur liquidative du Fonds. Toutefois, les Actionnaires doivent noter que, compte tenu de la nature des instruments dérivés et du fait que ces instruments peuvent être négociés à la marge, un relativement faible mouvement défavorable du cours du sous-jacent d’un instrument dérivé donné peut entraîner des mouvements immédiats et importants de l’exposition du Fonds à cet instrument dérivé. Si les limites d’exposition liées à un instrument dérivé devaient être supérieures pour des raisons échappant au contrôle du Fonds, celui-ci aura pour priorité de remédier à cette situation en tenant compte des intérêts de ses Actionnaires.

### UTILISATION DE MESURES DÉFENSIVES TEMPORAIRES
Dans certaines circonstances, à titre temporaire et exceptionnel, lorsque le Conseiller en Investissement ou le Conseiller en Investissement par Délégation concerné estime qu’il en va de l’intérêt des Actionnaires, le Fonds pourra effectuer quelques entorses à ses politiques d’investissement telles qu’elles figurent ci-dessus. Pour de plus amples informations, se référer à la section « Utilisation de mesures défensives temporaires » du Prospectus.

### PROFIL DE L’INVESTISSEUR TYPE

### Le Fonds s’adresse à une grande diversité d’investisseurs, qui recherchent l’accès à un portefeuille géré dans le respect d’un objectif et d’une politique d’investissement spécifiques.
L’investisseur potentiel doit choisir la Catégorie qui correspond le mieux à ses besoins. En sélectionnant une Catégorie, les investisseurs potentiels doivent prendre en considération les éléments suivants :
- le montant qu’ils prévoient d’investir ;
- la durée de détention prévue des Actions ;
- les frais payés au titre de chaque Catégorie ;
- l’admissibilité des Actionnaires au bénéfice d’une renonciation ou d’un abandon des droits d’entrée ;
- la devise de la catégorie d’actions.


### LIMITES D'INVESTISSEMENTS

### Chacun des investissements du Fonds sera limité aux investissements autorisés par le Règlement sur les OPCVM et d'autres limites applicables stipulées à l'Annexe 4 du Prospectus.

### UTILISATION D’INSTRUMENTS ET DE TECHNIQUES D’INVESTISSEMENT ET D’INSTRUMENTS FINANCIERS DÉRIVÉS
Sous réserve de la capacité du Fonds à investir dans des instruments financiers dérivés à des fins d'investissement, comme indiqué à la section « Objectif et Politiques d’investissement » ci-dessus, le Conseillers en Investissement par Délégation peut seulement employer des instruments et des techniques d’investissement tels que des contrats à terme normalisés, des options, des swaps et autres instruments financiers dérivés pour une gestion efficace du portefeuille (à savoir une réduction des risques, une réduction des coûts et la génération de capital ou de revenu supplémentaire pour le Fonds) et le Conseiller en Investissement par Délégation est tenu de se conformer aux conditions et restrictions stipulées périodiquement par la Banque centrale. De plus amples informations figurent aux sections « Utilisation d'instruments et de techniques d'investissement et d'instruments financiers dérivés » et « Types et description d'instruments financiers dérivés » du Prospectus.
La principale méthode de calcul de l’exposition globale pour le Fonds est l'approche d'engagement. Cependant, le modèle de la VaR ne sera utilisé que lorsque le volume d’instruments dérivés utilisé est plus élevé ou la mise en œuvre des stratégies de produits dérivés est plus complexe ou lorsque le profil de risque du Fonds a connu un certain changement.

### RÈGLEMENT SUR LES OPÉRATIONS DE FINANCEMENT SUR TITRES
Comme décrit plus particulièrement dans la section « Réglementation des opérations de financement sur titres » du Prospectus, sous réserve des limites d’investissement indiquées en Annexe 4 du Prospectus, ainsi que des limites d’investissement définies à la section « Objectif et politiques d’investissement » du Supplément : (a) en ce qui concerne les investissements autorisés dans les swaps sur rendement total, le Fonds peut investir au maximum 100 % de sa Valeur liquidative ; et (b) le Fonds peut investir au maximum 100 % de sa Valeur liquidative dans des Opérations de financement sur titres. Sous réserve des limites susmentionnées, le Fonds devrait en général investir entre 0 et 20 % de sa Valeur liquidative dans des swaps sur rendement total et des Opérations de financement sur titres.

### FACTEURS DE RISQUE ET CONSIDÉRATIONS PARTICULIÈRES
L’attention des investisseurs est attirée sur les facteurs de risque et autres considérations particulières qui sont décrits dans le Prospectus à la section intitulée « Facteurs de risque et considérations particulières » et qui peuvent affecter le Fonds. Cette liste de facteurs de risque liés aux investissements dans le Fonds n’est pas exhaustive, et l’attention de l’investisseur est attirée sur la description des instruments financiers qui apparaît à la section « Objectif et politiques d’investissement ».

### POLITIQUE DE DISTRIBUTION
Telles que décrites plus particulièrement dans le Prospectus à la section « Les Actions » et dans le Supplément à la section intitulée « Catégories d'Actions », les Catégories d’Actions de Distribution peuvent différer en termes de fréquence de distribution. Les Catégories d’Actions de Distribution peuvent effectuer des distributions de façon mensuelle, trimestrielle, semestrielle ou annuelle, tel que déterminé moment du lancement de la Catégorie d’Actions concernée. La fréquence de distribution des Catégories d’Actions est indiquée dans le tableau ci-dessous :
| Fréquence de distribution | Dates de déclaration de distribution |
| --- | --- |
| Catégories d’Actions de capitalisation |
| Sans objet | Sans objet |
| Catégories d’Actions de Distribution |
| Mensuelle | Mensuelle, en principe le 15 de chaque mois à moins que ce jour ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Trimestrielle | Trimestrielle, normalement le 15 janvier, le 15 avril, le 15 juillet et le 15 octobre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Semestrielle | Semestrielle, en principe le 15 avril et le 15 octobre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Annuelle | Annuelle, en principe le 15 octobre à moins qu’il ne s’agisse pas d’un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède la date mentionnée. |


### HEURES LIMITES DE NÉGOCIATION ET HEURES DE RÈGLEMENT
Les ordres de souscription d’Actions reçus et acceptés par ou au nom de l’Agent de transfert ou la Société et/ou le Gestionnaire avant l’Heure Limite de Négociation au cours d’un Jour Ouvré repris dans les tableaux ci-dessous seront traités au prix de l’offre déterminé ce Jour Ouvré. Les ordres de souscription d’Actions reçus par ou au nom de l’Agent de transfert ou de la Société et/ou du Gestionnaire après l’Heure Limite de Négociation un Jour Ouvré seront traités au prix de l’offre déterminé le Jour Ouvré suivant. Si le paiement des ordres de souscription n’est pas reçu à l’Heure de Règlement correspondante, une souscription peut être annulée ou l’Actionnaire peut être amené à payer des intérêts sur les montants de souscription non soldés aux taux normaux en vigueur. Dans ce cas, l’Agent de Distribution ou l’Actionnaire peut être tenu responsable de toute perte subie par le Fonds.
Le traitement des ordres de rachat est assujetti à la réception et l’acceptation par ou au nom de l’Agent de transfert, la Société et/ou le Gestionnaire d’un ordre de rachat valable. Sous réserve des dispositions de la section « Limites de rachat » dans le Prospectus, les ordres de rachat reçus et acceptés par ou au nom de l’Agent de transfert ou par la Société ou par le Gestionnaire avant l’Heure Limite de Négociation un Jour Ouvré seront traités à la valeur liquidative par Action déterminée ce Jour Ouvré.
| Souscription | Heure Limite de Négociation | Heure de Règlement |
| --- | --- | --- |
| Souscriptions (autres que les Actions de Catégorie Z) | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |
| Souscriptions effectuées directement auprès de l’Agent de Transfert par des Investisseurs Institutionnels Éligibles/Actions de Catégorie Z | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | 15h30, heure de Londres J |
| Rachat | Heure Limite de Négociation | Heure de Règlement |
| Tous les Rachats | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |


### LE CONSEILLER EN INVESTISSEMENT PAR DÉLÉGATION
Le Gestionnaire a désigné JCIL en tant que conseiller en investissement de la Société. À la date du présent Supplément, JCIL a délégué à JCM et HGIL la responsabilité de fournir des services discrétionnaires de conseil et de gestion de portefeuille, concernant tout ou partie des actifs du Fonds.

### CHARGES ET COMMISSIONS
Les charges et commissions auxquelles est soumis tout investissement dans un Fonds (comprenant les droits d’entrée, les droits de sortie conditionnels différés (CDSC), l’ajustement de la dilution, une commission de gestion et une commission de distribution) sont décrits en détail dans le Prospectus à la section « Charges et Commissions », dont un résume figure ci-dessous. Les Charges et Commissions sur les Catégories d’Actions de capital peuvent imputer certaines commissions et charges sur le capital plutôt que sur les revenus.
| Type de commission | Actions de Catégorie A | Actions de Catégorie B | Actions de Catégorie E | Actions de Catégorie G | Actions de Catégorie H | Actions de Catégorie I | Actions de Catégorie S | Actions de Catégorie V | Actions de Catégorie Z |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Droit d'entrée | Jusqu'à 5,00 % du montant souscrit | S/O | Jusqu'à 1,00 % du montant souscrit | S/O | S/O | Jusqu'à 2,00 % du montant souscrit | Jusqu'à 2,00 % du montant souscrit | S/O | S/O |
| CDSC Moins d'un an depuis l’achat - à 2 ans
- à 3 ans
- à 4 ans Plus de 4 ansdepuis l’achat
 | S/O | 4 % 3 % 2 % 1 % 0 % | S/O | S/O | S/O | S/O | S/O | 3 % 2 % 1 % 0 % - | S/O |
| Commissions de services aux Actionnaires | Jusqu'à 0,50 % de la valeur liquidative | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 1,00 % de la valeur liquidative | S/O | S/O | S/O | S/O | Jusqu'à 0,75 % de la valeur liquidative | S/O |

| Type de commission | Actions de Catégorie A | Actions de Catégorie B | Actions de Catégorie E | Actions de Catégorie G | Actions de Catégorie H | Actions de Catégorie I | Actions de Catégorie S | Actions de Catégorie V | Actions de Catégorie Z |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Commission de distribution | S/O | Jusqu'à 1,00 % de la valeur liquidative | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Commission de gestion d’investissem ent | Jusqu'à 1,00 % de la valeur liquidative | Jusqu'à 1,00 % de la valeur liquidative | Jusqu'à 1,00 % de la valeur liquidative | Jusqu'à 0,60 % de la valeur liquidative | Jusqu'à 0,60 % de la valeur liquidative | Jusqu'à 0,70 % de la valeur liquidative | Jusqu'à 0,70 % de la valeur liquidative | Jusqu'à 1,00 % de la valeur liquidative | Voir Prospectus |
| Commission de performance | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Charges et Commissions | 1,35 % de la valeur liquidative | S/O | 1,85 % de la valeur liquidative | 0,95 % de la valeur liquidative | 0,95 % de la valeur liquidative | 0,95 % de la valeur liquidative | 0,95 % de la valeur liquidative | 2,50 % de la valeur liquidative | Voir Prospectus |


### AJUSTEMENT DE DILUTION
Un ajustement de dilution peut être appliqué à la Valeur liquidative par Action du Fonds au cours d’un jour de négociation (i) si les souscriptions ou rachats nets dépassent le seuil déterminé à l’avance relatif à la Valeur liquidative du Fonds (lorsqu’un tel seuil est ponctuellement déterminé à l’avance pour le Fonds par le Gestionnaire) ou (ii) dans tout autre cas impliquant des souscriptions ou des rachats nets dans le Fonds, si le Gestionnaire ou ses délégués estiment raisonnablement que l’imposition d’un ajustement de dilution s’inscrira dans l’intérêt des Actionnaires existants.

### CATÉGORIES D’ACTIONS
Comme décrit plus particulièrement dans la section « Les Actions » du Prospectus, la Société propose 11 Catégories d’Actions avec diverses politiques de distribution, fréquences de distribution, politiques de couverture et devises dans chaque Catégorie. Le nouveau nom de chaque Catégorie d’Actions offertes par la Société permet aux Actionnaires d’identifier la politique de distribution, la fréquence de distribution, la politique de couverture et la devise d’une Catégorie en fonction de sous-classifications. Le tableau ci-dessous apporte des précisions sur les Catégories d’Actions du Fonds approuvées par la Banque Centrale, ainsi que sur les Catégories disponibles à l’achat à la date du présent Supplément.
Si, pour une catégorie d’actions donnée d’un fonds donné, aucune émission n’avait préalablement été faite ou s’il est procédé à une réémission, une souscription initiale sera alors possible : (i) à la/aux date(s) devant être déterminée(s) par le Gestionnaire et communiquée(s) à l’avance à la Banque centrale et (ii) le prix de l’offre initiale et le prix de réémission stipulés dans le Prospectus à la section intitulée « Offres initiales de catégories d’actions ». Dans le cas d’un Fonds au titre duquel une ou plusieurs Catégories d’Actions sont déjà émises, le prix de l’offre initiale par Action pour toute Catégorie d’Actions supplémentaire émise en rapport avec ledit Fonds pourra correspondre à la valeur liquidative par Action desdites autres Catégories d’Actions du Fonds concerné tel que fixé par le Gestionnaire et communiqué à l’avance à la Banque Centrale, ainsi qu’aux Actionnaires potentiels.
| CATÉGORIES D’ACTIONS approuvées par la Banque Centrale à la date du présent Supplément |
| --- |
| Catégories libellées en Dollars américains | Catégories libellées en Euros | Catégories libellées en Livres sterling | Catégories libellées en Dollars de Hong Kong | Catégories libellées en Dollars australiens | Catégories libellées en Francs suisses | Catégories libellées en Dollars canadiens | Catégories libellées en Renminbi (CNH) | Catégories libellées en Couronnes suédoises | Catégories libellées en Dollars néo- zélandais | Catégories libellées en Dollars de Singapour | Catégories libellées en Yens japonais |
| A2 USD B2 USD E2 USD I2 USD S2 USD H2 USD G2 USD V2 USD Z2 USD A4 m USD E4 m USD I3m USD H3m USD A3 USD A3s USD A3q USD A3m USD A4q USD A5m USD I1 USD I3 USD I3s USD I3q USD I4q USD I4m USD I5m USD H1 USD H3 USD H3s USD H3q USD H4q USD H4m USD H5m USD G1 USD G3 USD G3s USD G3q USD G3m USD G4q USD G4m USD G5m USD E1 USD E3 USD E3s USD E3q USD E3m USD E4q USD E5m USD | A2 HEUR B2 HEUR E2 HEUR I2 HEUR S2 HEUR H2 HEUR G2 HEUR V2 HEUR Z2 EUR H3m HEUR A3 HEUR A3s HEUR A3q HEUR A3m HEUR A4q HEUR A4m HEUR A5m HEUR I1 HEUR I3 HEUR I3s HEUR I3q HEUR I3m HEUR I4q HEUR I4m HEUR I5m HEUR H1 HEUR H3 HEUR H3s HEUR H3q HEUR H4q HEUR H4m HEUR H5m HEUR G1 HEUR G3 HEUR G3s HEUR G3q HEUR G3m HEUR G4q HEUR G4m HEUR G5m HEUR E1 HEUR E3 HEUR E3s HEUR E3q HEUR E3m HEUR E4q HEUR E4m HEUR E5m HEUR A2 EUR A3m EUR I2 EUR I3m EUR H2 EUR H3m EUR G2 EUR G3m EUR | I2 HGBP I2 GBP S2 HGBP H2 HGBP H2 GBP G2 HGBP G2 GBP Z2 GBP Z2 HGBP H1 HGBP H3 HGBP H3s HGBP H3q HGBP H3m HGBP H4q HGBP H4m HGBP H5m HGBP G1 HGBP G3 HGBP G3s HGBP G3q HGBP G3m HGBP G4q HGBP G4m HGBP G5m HGBP I1 HGBP I3 HGBP I3s HGBP I3q HGBP I3m HGBP I4q HGBP I4m HGBP I5m HGBP | A2 HKD I2 HKD S2 HKD V2HKD Z2 HKD A3 HKD A3s HKD A3q HKD A3m HKD A4q HKD A4m HKD A5m HKD I1 HKD I3 HKD I3s HKD I3q HKD I3m HKD I4q HKD I4m HKD I5m HKD H1 HKD H3 HKD H3s HKD H3q HKD H3m HKD H4q HKD H4m HKD H5m HKD G1 HKD G3 HKD G3s HKD G3q HKD G3m HKD G4q HKD G4m HKD G5m HKD E1 HKD E3 HKD E3s HKD E3q HKD E3m HKD E4q HKD E4m HKD E5m HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD I3m HAUD A3 HAUD A3s HAUD A3q HAUD A3m HAUD A4q HAUD A4m HAUD A5m HAUD I1 HAUD I3 HAUD I3s HAUD I3q HAUD I3m HAUD I4q HAUD I4m HAUD I5m HAUD H1 HAUD H3 HAUD H3s HAUD H3q HAUD H3m HAUD H4q HAUD H4m HAUD H5m HAUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF G2 HCHF Z2 CHF A3 HCHF A3s HCHF A3q HCHF A3m HCHF A4q HCHF A4m HCHF A5m HCHF I1 HCHF I3 HCHF I3s HCHF I3q HCHF I3m HCHF I4q HCHF I4m HCHF I5m HCHF H1 HCHF H3 HCHF H3s HCHF H3q HCHF H3m HCHF H4q HCHF H4m HCHF H5m HCHF G1 HCHF G3 HCHF G3s HCHF G3q HCHF G3m HCHF G4q HCHF G4m HCHF G5m HCHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH A5m HCNH A3 HCNH A3s HCNH A3q HCNH A3m HCNH A4q HCNH A4m HCNH A5m HCNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD A2 SGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD A4 m HSGD A4m SGD A3 HSGD A3s HSGD A3q HSGD A3m HSGD A4q HSGD A4m HSGD A5m HSGD A3 SGD A3s SGD A3q SGD A3m SGD A4q SGD A4m SGD A5m SGD I1 HSGD I3 HSGD I3s HSGD I3q HSGD I3m HSGD I4q HSGD I4m HSGD I5m HSGD I1 SGD I3 SGD I3s SGD I3q SGD I3m SGD I4q SGD I4m SGD I5m SGD | Z1 HJPY Z1 JPY Z2 HJPY Z2 JPY |


### Supplément concernant le Fonds

### Janus Henderson Absolute Return Income Opportunities Fund

### Le présent Supplément est établi en date du 26 février 2021.
Le présent Supplément contient des informations spécifiques au fonds Janus Henderson Absolute Return Income Opportunities Fund (le « Fonds »), un compartiment de Janus Henderson Capital Funds plc (la « Société »). La Société est un OPCVM établi sous la forme d’une société d’investissement à capital variable avec séparation des passifs entre les Fonds, constituée en Irlande et régie par la Banque centrale.
Ce Supplément fait partie intégrante du dernier Prospectus et doit être lu conjointement avec celui-ci. Le Prospectus peut être révisé ou complété de temps à autre. Les termes commençant par une majuscule utilisés dans le présent Supplément, qui n'ont pas été définis dans les présentes, ont la même signification que dans le Prospectus.

### RÉSUMÉ

### Les informations reprises sous ce titre constituent un résumé des principales caractéristiques du Fonds et doivent être lues conjointement avec le texte complet de ce Supplément.
| Catégories d’Actions | Des précisions sur les Catégories d'Actions sont présentées ci-dessous à la section intitulée « Catégories d’Actions ». |
| --- | --- |
| L’attention des investisseurs est attirée sur le fait qu’à la date du présent Supplément, seules certaines Catégories d’Actions du Fonds sont actuellement ouvertes à la souscription. En outre, toutes les Catégories d’Actions ne sont pas disponibles dans toutes les juridictions. Les investisseurs sont priés de se mettre en rapport avec l’Agent de Distribution pour obtenir la liste des Catégories d’Actions à leur disposition. |
| Fréquence des souscriptions, rachats et échanges | Sauf indication contraire des Administrateurs et/ou du Gestionnaire, les souscriptions, les rachats et les échanges d’Actions peuvent être effectués tout Jour Ouvré en suivant les procédures décrites dans les sections du Prospectus intitulées « Comment acheter des Actions », « Comment obtenir le rachat d’Actions » et « Comment échanger ou céder des Actions ». |
| Souscriptions minimales | Les souscriptions initiales et ultérieures minimales applicables à chaque Catégorie au sein du Fonds sont spécifiées dans la section du Prospectus intitulée « Comment acheter des Actions ». |
| Adaptation des Catégories | L’adaptation des Catégories et l’éligibilité des investisseurs pour des Catégories particulières sont décrites à la section intitulée « Les Actions » du Prospectus. |
| Devise de base | Dollar US |


### OBJECTIF ET POLITIQUES D’INVESTISSEMENT
L’objectif d’investissement du Fonds est de maximiser son rendement total consistant dans la préservation de capital. Le Fonds cherche à générer des rendements positifs à long terme dans le cadre de différents contextes économiques (c.-à-d. les périodes d’expansion et de contraction cycliques typiques du cycle économique et les niveaux de taux d’intérêts croissants et décroissants qui en résultent en raison des forces du marché ou d’interventions des banques centrales).
Le Fonds cherche à réaliser son objectif en investissant au moins 80 % de sa valeur liquidative dans des Titres de Créance situés partout dans le monde (y compris sur les marchés émergents). Les placements typiques dans lesquels le Fonds a la possibilité d’investir comprennent, sans toutefois s’y limiter, les crédits aux entreprises, les Titres d’État, les titres garantis par des hypothèques, les titres garantis par des actifs, les titres des pays émergents et les titres à rendement élevé. Le Fonds peut investir dans des titres bénéficiant ou non
d’une notation de Premier Ordre, et dans des titres n’ayant pas été évalués par une agence de notation. Le Fonds n’applique pas de critères prédéfinis en termes d’échéance, mais l’échéance moyenne pondérée de l’ensemble du portefeuille devrait être inférieure à cinq ans et sa duration peut être négative.
Le Fonds peut abondamment utiliser des instruments financiers dérivés, tels que des contrats à terme normalisés, des options, des engagements à terme et des swaps pour essayer d’augmenter les rendements ou de réduire le risque de perte de certaines de ses participations ou pour en gérer la durée.
Comme indiqué ci-dessus, le Fonds peut abondamment utiliser les instruments financiers dérivés et peut employer d’autres techniques et instruments, tels que des contrats à terme normalisés, des options, des swaps et autres instruments dérivés pour une gestion efficace du portefeuille (à savoir une réduction des risques, une réduction des coûts et la génération de capital ou de revenu supplémentaire pour le Fonds) ou à des fins d’investissement (comme indiqué décrit dans la section « Types et description des instruments financiers dérivés »), sous réserve des conditions et dans les limites stipulées périodiquement par la Banque Centrale concernant l’acquisition ou la couverture d’une exposition aux placements dont il s’agit dans ces politiques d’investissement.

### Objectif de performance : Surperformer l’indice FTSE 3-Month US Treasury Bill d’au moins 3 % par an, avant déduction des frais, sur toute période de 5 ans.
Le Fonds est géré activement en fonction de l’indice de référence sur la base duquel l’objectif de performance du Fonds est défini. Le Conseiller en Investissement par Délégation peut, à son entière discrétion, choisir les investissements du Fonds et n’est pas limité par un indice. Les détails de la performance du Fonds sont disponibles dans les rapports annuels et semestriels, les documents de commercialisation et dans le DICI. Rien ne garantit que la performance du Fonds sera égale ou supérieure à cet indice de référence.
Le Conseiller en Investissement par Délégation crée un portefeuille constitué autour d’un noyau de titres bénéficiant d’une notation de Premier Ordre du monde entier ayant une échéance courte en vue de générer un rendement supérieur à celui des liquidités et d’améliorer les rendements et d’atténuer le risque baissier en appliquant des points de vue séculaires et opportunistes sur différents pays, devises et secteurs. Le Conseiller en Investissement par Délégation cherchera à gérer le portefeuille dans les différents contextes économiques en recourant à diverses stratégies, y compris, mais sans toutefois s’y limiter, l’ajustement de l’exposition de crédit globale, la qualité du crédit, la duration des taux d’intérêt du portefeuille et l’allocation en liquidités. Le Fonds cherche à identifier les meilleures opportunités ajustées du risque, quels que soient les secteurs, les pays et le risque de crédit.
Le Fonds aura fortement recours aux instruments financiers dérivés. Le risque de marché du Fonds sera mesuré à l’aide de l’approche de la VaR. La VaR absolue du Fonds n’excédera pas 14,1 % de sa valeur liquidative. Il est prévu que dans des conditions normales de marché, l’effet de levier du Fonds, calculé comme la somme des montants notionnels des produits dérivés détenus par le Fonds (l’« Approche par les Notionnels »), oscille habituellement entre 0 et 800 % de la valeur liquidative. Dans des circonstances exceptionnelles, il est prévu que le Fonds puisse être endetté à concurrence maximale de 1000 % (selon l’Approche par les Notionnels) de sa valeur liquidative. Par circonstances exceptionnelles, on entend des périodes caractérisées par (i) un manque de liquidité, s’agissant notamment de titres inscrits à la cote, échangés ou négociés sur un Marché Réglementé, amenant le Conseiller en Investissement par Délégation à rechercher une exposition aux marchés dérivés, (ii) de la volatilité ou (iii) des corrélations imparfaites et des conditions de marché imprévues. Si le Fonds a recours à un effet de levier important, notamment le montant le plus élevé permis dans des circonstances exceptionnelles, il peut subir des pertes plus graves que celles qu’il aurait connues sans cet effet de levier massif. Le niveau de l’effet de levier est calculé à l’aide de l’Approche par les Notionnels tel que requis par le Règlement sur les OPCVM. Le niveau de l’effet de levier est calculé à l’aide de l’Approche par les Notionnels tel que requis par le Règlement sur les OPCVM. Ces limites d’effet de levier n’intègrent pas de quelconques accords de compensation ou de couverture que le Fonds pourrait appliquer à tout moment, quand bien même ces accords de compensation ou de couverture seraient utilisés à des fins de réduction du risque.
En raison de son exposition aux titres de qualité inférieure (below Investment Grade) et aux Marchés en développement, un investissement dans le Fonds ne doit pas représenter une part substantielle d’un portefeuille d’investissement et peut ne pas convenir à tous les investisseurs.
Sous réserve des politiques d’investissement décrites ci-dessous, le Fonds peut investir dans une vaste gamme de Titres d’État et Titres de créance productifs de revenus, Titres indexés/structurés, titres adossés à des créances hypothécaires et à des actifs, émis ou garantis par un gouvernement d’un pays membre de l’OCDE, ou par ses agences ou organismes, ou par un émetteur privé, en titres à coupon zéro, en titres payant leurs intérêts en nature (ex. obligations payant un intérêt sous la forme d’obligations supplémentaires de même nature) et en Titres à Coupon Progressif, en actions de préférence et en actions versant des revenus, en REIT, en obligations convertibles, c’est-à-dire en Titres de créance assortis du droit d’acquérir des actions, comme l’attestent les warrants attachés à ces titres ou acquis avec ceux-ci, ou en Titres de créance convertibles en actions. Sous réserve des politiques d’investissement décrites dans les présentes, le Fonds peut investir en actions et autres titres de capital (tels que des obligations convertibles en actions). Le Fonds peut investir, directement ou indirectement (à savoir par l’intermédiaire de certificats américains d’actions étrangères, de certificats européens d’actions étrangères et de certificats internationaux d’actions étrangères) sur les marchés concernés. En outre, le Fonds peut acquérir des participations/cessions dans des prêts hypothécaires à taux variables ou d’autres prêts commerciaux qui sont liquides et permettront des ajustements de taux d’intérêt au moins tous les 397 jours et qui peuvent être garantis par des biens immobiliers ou d’autres actifs. Ces participations peuvent consister en des participations dans le prêt ou en cessions de celui-ci, ou peuvent être acquises auprès de banques, de courtiers qui ont consenti le prêt ou de membres du syndicat qui l’a mis en place. Ces participations ne dépasseront pas, au total, 10 % de la valeur liquidative du Fonds. Sous réserve des politiques d’investissement décrites dans les présentes, le Fonds peut investir sans limitation en Titres de Créance et en actions de préférence de rang spéculatif (non Investment Grade). Le Fonds peut également acquérir des titres en défaillance si, de l’avis du Conseiller en Investissement par Délégation concerné, il apparaît probable que l’émetteur pourra reprendre le paiement des intérêts ou si d’autres évolutions favorables semblent probables à court terme.
Le Fonds pourra investir jusqu’à concurrence de 5 % de sa valeur liquidative dans des titres d’autres Organismes de placement collectif admissibles. Un tel investissement englobe la possibilité d’investir dans d’autres Fonds. Cependant, le Fonds ne peut pas investir dans un autre Fonds détenant lui-même des Actions d’un autre Fonds. Lorsqu'il investit dans un autre Fonds, le Fonds ne peut pas prélever une commission annuelle de gestion de portefeuille et/ou de gestion administrative pour ce qui concerne la fraction de ses actifs qui sont investis dans l'autre Fonds.
Le Fonds peut investir en instruments financiers dérivés à des fins de gestion efficace du portefeuille. Les investissements du Fonds en instruments dérivés seront soumis aux limites stipulées dans la politique d’investissement du Fonds ainsi qu’aux conditions et limites éventuellement stipulées par la Banque centrale. Dans certaines circonstances, le Fonds utilisera des instruments financiers dérivés comme levier. Le Fonds est autorisé à investir jusqu’à 100 % de sa valeur liquidative dans des instruments financiers dérivés. Le montant maximal d’effet de levier (lorsqu’il est calculé en utilisant l’approche d’engagement) que le Fonds peut créer grâce à l’utilisation d’instruments financiers dérivés est de 100 % de la valeur liquidative du Fonds. Toutefois, les Actionnaires doivent noter que, compte tenu de la nature des instruments dérivés et du fait que ces instruments peuvent être négociés à la marge, un relativement faible mouvement défavorable du cours du sous-jacent d’un instrument dérivé donné peut entraîner des mouvements immédiats et importants de l’exposition du Fonds à cet instrument dérivé. Si les limites d’exposition liées à un instrument dérivé devaient être supérieures pour des raisons échappant au contrôle du Fonds, celui-ci aura pour priorité de remédier à cette situation en tenant compte des intérêts de ses Actionnaires.

### UTILISATION DE MESURES DÉFENSIVES TEMPORAIRES
Dans certaines circonstances, à titre temporaire et exceptionnel, lorsque le Conseiller en Investissement ou le Conseiller en Investissement par Délégation concerné estime qu’il en va de l’intérêt des Actionnaires, le Fonds pourra effectuer quelques entorses à ses politiques d’investissement telles qu’elles figurent ci-dessus. Pour de plus amples informations, se référer à la section « Utilisation de mesures défensives temporaires » du Prospectus.

### PROFIL DE L’INVESTISSEUR TYPE

### Le Fonds s’adresse à une grande diversité d’investisseurs, qui recherchent l’accès à un portefeuille géré dans le respect d’un objectif et d’une politique d’investissement spécifiques.
L’investisseur potentiel doit choisir la Catégorie qui correspond le mieux à ses besoins. En sélectionnant une Catégorie, les investisseurs potentiels doivent prendre en considération les éléments suivants :
- le montant qu’ils prévoient d’investir ;
- la durée de détention prévue des Actions ;
- les frais payés au titre de chaque Catégorie ;
- l’admissibilité des Actionnaires au bénéfice d’une renonciation ou d’un abandon des droits d’entrée ;
- la devise de la catégorie d’actions.


### LIMITES D'INVESTISSEMENTS

### Chacun des investissements du Fonds sera limité aux investissements autorisés par le Règlement sur les OPCVM et d'autres limites applicables stipulées à l'Annexe 4 du Prospectus.

### UTILISATION D’INSTRUMENTS ET DE TECHNIQUES D’INVESTISSEMENT ET D’INSTRUMENTS FINANCIERS DÉRIVÉS
Sous réserve de la capacité du Fonds à investir dans des instruments financiers dérivés à des fins d'investissement, comme indiqué à la section « Objectif et Politiques d’investissement » ci-dessus, le Conseillers en Investissement par Délégation peut seulement employer des instruments et des techniques d’investissement tels que des contrats à terme normalisés, des options, des swaps et autres instruments financiers dérivés pour une gestion efficace du portefeuille (à savoir une réduction des risques, une réduction des coûts et la génération de capital ou de revenu supplémentaire pour le Fonds) et le Conseiller en Investissement par Délégation est tenu de se conformer aux conditions et restrictions stipulées périodiquement par la Banque centrale. De plus amples informations figurent aux sections « Utilisation d'instruments et de techniques d'investissement et d'instruments financiers dérivés » et « Types et description d'instruments financiers dérivés » du Prospectus.
Le Fonds adoptera l’approche de la VaR pour calculer l'exposition globale. La méthode de la VaR sera utilisée par le Fonds afin d’aider à évaluer et à contrôler de façon qualitative les risques auxquels le Fonds est exposé.

### RÈGLEMENT SUR LES OPÉRATIONS DE FINANCEMENT SUR TITRES
Comme décrit plus particulièrement dans la section « Réglementation des opérations de financement sur titres » du Prospectus, sous réserve des limites d’investissement indiquées en Annexe 4 du Prospectus, ainsi que des limites d’investissement définies à la section « Objectif et politiques d’investissement » du Supplément : (a) en ce qui concerne les investissements autorisés dans les swaps sur rendement total, le Fonds peut investir au maximum 100 % de sa Valeur liquidative ; et (b) le Fonds peut investir au maximum 100 % de sa Valeur liquidative dans des Opérations de financement sur titres. Sous réserve des limites susmentionnées, le Fonds devrait en général investir entre 0 et 20 % de sa Valeur liquidative dans des swaps sur rendement total et des Opérations de financement sur titres.

### FACTEURS DE RISQUE ET CONSIDÉRATIONS PARTICULIÈRES
L’attention des investisseurs est attirée sur les facteurs de risque et autres considérations particulières qui sont décrits dans le Prospectus à la section intitulée « Facteurs de risque et considérations particulières » et qui peuvent affecter le Fonds. Cette liste de facteurs de risque liés aux investissements dans le Fonds n’est pas exhaustive, et l’attention de l’investisseur est attirée sur la description des instruments financiers qui apparaît à la section « Objectif et politiques d’investissement ».

### POLITIQUE DE DISTRIBUTION
Telles que décrites plus particulièrement dans le Prospectus à la section « Les Actions » et dans le Supplément à la section intitulée « Catégories d'Actions », les Catégories d’Actions de Distribution peuvent différer en termes de fréquence de distribution. Les Catégories d’Actions de Distribution peuvent effectuer des distributions de façon mensuelle, trimestrielle, semestrielle ou annuelle, tel que déterminé moment du lancement de la Catégorie d’Actions concernée. La fréquence de distribution des Catégories d’Actions est indiquée dans le tableau ci-dessous :
| Fréquence de distribution | Dates de déclaration de distribution |
| --- | --- |
| Catégories d’Actions de capitalisation |
| Sans objet | Sans objet |
| Catégories d’Actions de Distribution |
| Mensuelle | Mensuelle, en principe le 15 de chaque mois à moins que ce jour ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Trimestrielle | Trimestrielle, normalement le 15 janvier, le 15 avril, le 15 juillet et le 15 octobre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Semestrielle | Semestrielle, en principe le 15 avril et le 15 octobre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Annuelle | Annuelle, en principe le 15 octobre à moins qu’il ne s’agisse pas d’un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède la date mentionnée. |


### HEURES LIMITES DE NÉGOCIATION ET HEURES DE RÈGLEMENT
Les ordres de souscription d’Actions reçus et acceptés par ou au nom de l’Agent de transfert ou la Société et/ou le Gestionnaire avant l’Heure Limite de Négociation au cours d’un Jour Ouvré repris dans les tableaux ci-dessous seront traités au prix de l’offre déterminé ce Jour Ouvré. Les ordres de souscription d’Actions reçus par ou au nom de l’Agent de transfert ou de la Société et/ou du Gestionnaire après l’Heure Limite de Négociation un Jour Ouvré seront traités au prix de l’offre déterminé le Jour Ouvré suivant. Si le paiement des ordres de souscription n’est pas reçu à l’Heure de Règlement correspondante, une souscription peut être annulée ou l’Actionnaire peut être amené à payer des intérêts sur les montants de souscription non soldés aux taux normaux en vigueur. Dans ce cas, l’Agent de Distribution ou l’Actionnaire peut être tenu responsable de toute perte subie par le Fonds.
Le traitement des ordres de rachat est assujetti à la réception et l’acceptation par ou au nom de l’Agent de transfert, la Société et/ou le Gestionnaire d’un ordre de rachat valable. Sous réserve des dispositions de la section « Limites de rachat » dans le Prospectus, les ordres de rachat reçus et acceptés par ou au nom de l’Agent de transfert ou par la Société ou par le Gestionnaire avant l’Heure Limite de Négociation un Jour Ouvré seront traités à la valeur liquidative par Action déterminée ce Jour Ouvré.
| Souscription | Heure Limite de Négociation | Heure de Règlement |
| --- | --- | --- |
| Souscriptions (autres que les Actions de Catégorie Z) | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |
| Souscriptions effectuées directement auprès de l’Agent de Transfert par des Investisseurs Institutionnels Éligibles/Actions de Catégorie Z | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | 15h30, heure de Londres J |
| Rachat | Heure Limite de Négociation | Heure de Règlement |
| Tous les Rachats | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |


### LE CONSEILLER EN INVESTISSEMENT PAR DÉLÉGATION
Le Gestionnaire a désigné JCIL en tant que conseiller en investissement de la Société. À la date du présent Supplément, JCIL a délégué à JCM, HGIL et Kapstream la responsabilité de fournir des services discrétionnaires de conseil et de gestion de portefeuille, concernant tout ou partie des actifs du Fonds.

### CHARGES ET COMMISSIONS
Les charges et commissions auxquelles est soumis tout investissement dans un Fonds (comprenant les droits d’entrée, les droits de sortie conditionnels différés (CDSC), l’ajustement de la dilution, une commission de gestion et une commission de distribution) sont décrits en détail dans le Prospectus à la section « Charges et Commissions », dont un résume figure ci-dessous. Les Charges et Commissions sur les Catégories d’Actions de capital peuvent imputer certaines commissions et charges sur le capital plutôt que sur les revenus.
| Type de commission | Actions de Catégorie A | Actions de Catégorie B | Actions de Catégorie E | Actions de Catégorie G | Actions de Catégorie H | Actions de Catégorie I | Actions de Catégorie S | Actions de Catégorie V | Actions de Catégorie Z |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Droit d'entrée | Jusqu'à 5,00 % du montant souscrit | S/O | Jusqu'à 1,00 % du montant souscrit | S/O | S/O | Jusqu'à 2,00 % du montant souscrit | Jusqu'à 2,00 % du montant souscrit | S/O | S/O |
| CDSC Moins d'un an depuis l’achat - à 2 ans
- à 3 ans
- à 4 ans Plus de 4 ansdepuis l’achat
 | S/O | 4 % 3 % 2 % 1 % 0 % | S/O | S/O | S/O | S/O | S/O | 3 % 2 % 1 % 0 % - | S/O |

| Type de commission | Actions de Catégorie A | Actions de Catégorie B | Actions de Catégorie E | Actions de Catégorie G | Actions de Catégorie H | Actions de Catégorie I | Actions de Catégorie S | Actions de Catégorie V | Actions de Catégorie Z |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Commissions de services aux Actionnaires | Jusqu'à 0,25 % de la valeur liquidative | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 1,00 % de la valeur liquidative | S/O | S/O | S/O | S/O | Jusqu'à 0,75 % de la valeur liquidative | S/O |
| Commission de distribution | S/O | Jusqu'à 1,00 % de la valeur liquidative | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Commission de gestion d’investissem ent | Jusqu'à 1,00 % de la valeur liquidative | Jusqu'à 1,00 % de la valeur liquidative | Jusqu'à 1,00 % de la valeur liquidative | Jusqu'à 0,60 % de la valeur liquidative | Jusqu'à 0,60 % de la valeur liquidative | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 1,00 % de la valeur liquidative | Voir Prospectus |
| Commission de performance | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Charges et Commissions | 1,05 % de la valeur liquidative | S/O | 1,70 % de la valeur liquidative | 0,55 % de la valeur liquidative | 0,55 % de la valeur liquidative | 0,70 % de la valeur liquidative | 0,55 % de la valeur liquidative | 2,50 % de la valeur liquidative | Voir Prospectus |


### AJUSTEMENT DE DILUTION
Un ajustement de dilution peut être appliqué à la Valeur liquidative par Action du Fonds au cours d’un jour de négociation (i) si les souscriptions ou rachats nets dépassent le seuil déterminé à l’avance relatif à la Valeur liquidative du Fonds (lorsqu’un tel seuil est ponctuellement déterminé à l’avance pour le Fonds par le Gestionnaire) ou (ii) dans tout autre cas impliquant des souscriptions ou des rachats nets dans le Fonds, si le Gestionnaire ou ses délégués estiment raisonnablement que l’imposition d’un ajustement de dilution s’inscrira dans l’intérêt des Actionnaires existants.

### CATÉGORIES D’ACTIONS
Comme décrit plus particulièrement dans la section « Les Actions » du Prospectus, la Société propose 11 Catégories d’Actions avec diverses politiques de distribution, fréquences de distribution, politiques de couverture et devises dans chaque Catégorie. Le nouveau nom de chaque Catégorie d’Actions offertes par la Société permet aux Actionnaires d’identifier la politique de distribution, la fréquence de distribution, la politique de couverture et la devise d’une Catégorie en fonction de sous-classifications. Le tableau ci-dessous apporte des précisions sur les Catégories d’Actions du Fonds approuvées par la Banque Centrale, ainsi que sur les Catégories disponibles à l’achat à la date du présent Supplément.
Si, pour une catégorie d’actions donnée d’un fonds donné, aucune émission n’avait préalablement été faite ou s’il est procédé à une réémission, une souscription initiale sera alors possible : (i) à la/aux date(s) devant être déterminée(s) par le Gestionnaire et communiquée(s) à l’avance à la Banque centrale et (ii) le prix de l’offre initiale et le prix de réémission stipulés dans le Prospectus à la section intitulée « Offres initiales de catégories d’actions ». Dans le cas d’un Fonds au titre duquel une ou plusieurs Catégories d’Actions sont déjà émises, le prix de l’offre initiale par Action pour toute Catégorie d’Actions supplémentaire émise en rapport avec ledit Fonds pourra correspondre à la valeur liquidative par Action desdites autres Catégories d’Actions du Fonds concerné tel que fixé par le Gestionnaire et communiqué à l’avance à la Banque Centrale, ainsi qu’aux Actionnaires potentiels.
|  | CATÉGORIES D’ACTIONS approuvées par la Banque Centrale à la date du présent Supplément |
| --- | --- |
| Catégories | Catégories | Catégories | Catégories | Catégories | Catégories | Catégories | Catégories | Catégories | Catégories | Catégories | Catégories | Catégories |
| libellées | libellées | libellées | libellées | libellées | libellées | libellées | libellées | libellées | libellées | libellées | libellées | libellées en |
| en Dollars | en Euros | en Livres | en Dollars | en Dollars | en Francs | en Dollars | en | en | en Dollars | en Dollars | en Yens | Couronnes |
| américains |  | sterling | de Hong | australiens | suisses | canadiens | Renminbi | Couronnes | néo- | de | japonais | norvégiennes |
|  |  |  | Kong |  |  |  | (CNH) | suédoises | zélandais | Singapour |  |  |
| A2 USD B2 USD E2 USD I2 USD S2 USD H2 USD G2 USD V2 USD Z2 USD A4 m USD E4m USD H1m USD A3 USD A3s USD A3q USD A3m USD A4q USD A5m USD I1 USD I3 USD I3s USD I3q USD I3m USD I4q USD I4m USD I5m USD H1 USD H3 USD H3s USD H3q USD H3m USD H4q USD H4m USD H5m USD G1 USD G3 USD G3s USD G3q USD G3m USD G4q USD G4m USD G5m USD E1 USD E3 USD E3s USD E3q USD E3m USD E4q USD | A2 HEUR B2 HEUR E2 HEUR I2 HEUR S2 HEUR H2 HEUR G2 HEUR V2 HEUR Z2 EUR A4m HEUR E4m HEUR A3 HEUR A3s HEUR A3q HEUR A3m HEUR A4q HEUR A5m HEUR I1 HEUR I3 HEUR I3s HEUR I3q HEUR I3m HEUR I4q HEUR I4m HEUR I5m HEUR H1 HEUR H3 HEUR H3s HEUR H3q HEUR H3m HEUR H4q HEUR H4m HEUR H5m HEUR G1 HEUR G3 HEUR G3s HEUR G3q HEUR G3m HEUR G4q HEUR G4m HEUR G5m HEUR E1 HEUR E3 HEUR E3s HEUR E3q HEUR E3m HEUR E4q HEUR E5m HEUR | I2 HGBP I2 GBP S2 HGBP H2 HGBP H2 GBP G2 HGBP G2 GBP Z2 GBP Z2 HGBP H3 HGBP H3s HGBP H3q HGBP H3m HGBP H4q HGBP H4m HGBP H5m HGBP G1 HGBP G3 HGBP G3s HGBP G3q HGBP G3m HGBP G4q HGBP G4m HGBP G5m HGBP I1 HGBP I3 HGBP I3s HGBP I3q HGBP I3m HGBP I4q HGBP I4m HGBP I5m HGBP | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD A3 HKD A3s HKD A3q HKD A3m HKD A4q HKD A4m HKD A5m HKD I1 HKD I3 HKD I3s HKD I3q HKD I3m HKD I4q HKD I4m HKD I5m HKD H1 HKD H3 HKD H3s HKD H3q HKD H3m HKD H4q HKD H4m HKD H5m HKD G1 HKD G3 HKD G3s HKD G3q HKD G3m HKD G4q HKD G4m HKD G5m HKD E1 HKD E3 HKD E3s HKD E3q HKD E3m HKD E4q HKD E4m HKD E5m HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD A3 HAUD A3s HAUD A3q HAUD A3m HAUD A4q HAUD A4m HAUD A5m HAUD I1 HAUD I3 HAUD I3s HAUD I3q HAUD I3m HAUD I4q HAUD I4m HAUD I5m HAUD H1 HAUD H3 HAUD H3s HAUD H3q HAUD H3m HAUD H4q HAUD H4m HAUD H5m HAUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF G2 HCHF Z2 CHF A3 HCHF A3s HCHF A3q HCHF A3m HCHF A4q HCHF A4m HCHF A5m HCHF I1 HCHF I3 HCHF I3s HCHF I3q HCHF I3m HCHF I4q HCHF I4m HCHF I5m HCHF H1 HCHF H3 HCHF H3s HCHF H3q HCHF H3m HCHF H4q HCHF H4m HCHF H5m HCHF G1 HCHF G3 HCHF G3s HCHF G3q HCHF G3m HCHF G4q HCHF G4m HCHF G5m HCHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH A3 HCNH A3s HCNH A3q HCNH A3m HCNH A4q HCNH A4m HCNH A5m HCNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD A2 SGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD A4m HSGD A4m SGD A4m HSGD A4m SGD A3 HSGD A3s HSGD A3q HSGD A3m HSGD A4q HSGD A5m HSGD A3 SGD A3s SGD A3q SGD A3m SGD A4q SGD A5m SGD I1 HSGD I3 HSGD I3s HSGD I3q HSGD I3m HSGD I4q HSGD I4m HSGD I5m HSGD I1 SGD I3 SGD I3s SGD I3q SGD I3m SGD I4q SGD I4m SGD I5m SGD | Z2 JPY Z2 JPY | A2 HNOK I2 HNOK S2 HNOK H2 HNOK Z2 NOK |
| E5m USD |  |  |  |  |  |  |  |  |  |  |  |  |


### Supplément concernant le Fonds Janus Henderson High Yield Fund

### Le présent Supplément est établi en date du 26 février 2021.
Le présent Supplément contient des informations spécifiques au fonds Janus Henderson High Yield Fund (le « Fonds »), un compartiment de Janus Henderson Capital Funds plc (la « Société »). La Société est un OPCVM établi sous la forme d’une société d’investissement à capital variable avec séparation des passifs entre les Fonds, constituée en Irlande et régie par la Banque centrale.
Ce Supplément fait partie intégrante du dernier Prospectus et doit être lu conjointement avec celui-ci. Le Prospectus peut être révisé ou complété de temps à autre. Les termes commençant par une majuscule utilisés dans le présent Supplément, qui n'ont pas été définis dans les présentes, ont la même signification que dans le Prospectus.

### RÉSUMÉ

### Les informations reprises sous ce titre constituent un résumé des principales caractéristiques du Fonds et doivent être lues conjointement avec le texte complet de ce Supplément.
| Catégories d’Actions | Des précisions sur les Catégories d'Actions sont présentées ci-dessous à la section intitulée « Catégories d’Actions ». |
| --- | --- |
| L’attention des investisseurs est attirée sur le fait qu’à la date du présent Supplément, seules certaines Catégories d’Actions du Fonds sont actuellement ouvertes à la souscription. En outre, toutes les Catégories d’Actions ne sont pas disponibles dans toutes les juridictions. Les investisseurs sont priés de se mettre en rapport avec l’Agent de Distribution pour obtenir la liste des Catégories d’Actions à leur disposition. |
| Fréquence des souscriptions, rachats et échanges | Sauf indication contraire des Administrateurs et/ou du Gestionnaire, les souscriptions, les rachats et les échanges d’Actions peuvent être effectués tout Jour Ouvré en suivant les procédures décrites dans les sections du Prospectus intitulées « Comment acheter des Actions », « Comment obtenir le rachat d’Actions » et « Comment échanger ou céder des Actions ». |
| Souscriptions minimales | Les souscriptions initiales et ultérieures minimales applicables à chaque Catégorie au sein du Fonds sont spécifiées dans la section du Prospectus intitulée « Comment acheter des Actions ». |
| Adaptation des Catégories | L’adaptation des Catégories et l’éligibilité des investisseurs pour des Catégories particulières sont décrites à la section intitulée « Les Actions » du Prospectus. |
| Devise de base | Dollar US |


### OBJECTIF ET POLITIQUES D’INVESTISSEMENT
Le principal objectif du Fonds est d’obtenir un niveau élevé de revenu courant. L’appréciation du capital constitue un objectif secondaire qui doit être en harmonie avec l’objectif principal. Le Fonds investit au moins 80 % de sa valeur liquidative en Titres de Créance ou en actions de préférence ne bénéficiant pas d’une notation de Premier Ordre ou en Titres de Créance non notés d’Émetteurs Américains qui, de l’avis du Conseiller en Investissement par Délégation concerné, sont de qualité similaire, à condition que 51 % au moins de sa valeur liquidative soient investis en Titres de Créance. La qualité générale des valeurs de ce portefeuille peut varier considérablement. Le Fonds peut investir jusqu’à concurrence de 20 % de sa valeur liquidative dans des titres émis par des Émetteurs non Américains. Le montant total du Fonds pouvant être investi dans des titres négociés sur les Marchés en développement est de 10 % de la valeur liquidative du Fonds.
Le Fonds peut utiliser, à concurrence de 10 % de sa valeur liquidative, des techniques et instruments d’investissement tels que des contrats à terme normalisés, des options, des swaps et d’autres instruments financiers dérivés à des fins d’investissement, sous réserve des conditions et limites stipulées ponctuellement par la Banque Centrale.

### Objectif de performance : Surperformer l’indice Bloomberg Barclays U.S. Corporate High Yield Bond de 1,25 % par an, avant déduction des frais, sur toute période de 5 ans
Le Fonds est géré activement en fonction de l’indice Bloomberg Barclays U.S. Corporate High Yield Bond, qui est largement représentatif des obligations dans lesquelles il peut investir et sur la base duquel l’objectif de performance du Fonds est défini. Le Conseiller en Investissement par Délégation a le pouvoir discrétionnaire de choisir des investissements pour le Fonds avec des pondérations différentes de l’indice ou n’y figurant pas, même si le Fonds peut parfois détenir des investissements similaires à l’indice. Les détails de la performance du Fonds sont disponibles dans les rapports annuels et semestriels, les documents de commercialisation et dans le DICI. Rien ne garantit que la performance du Fonds sera égale ou supérieure à cet indice de référence.
La recherche de crédit fondamentale prospective du Conseiller en Investissement par Délégation vise à identifier les futurs gagnants et perdants afin de lui permettre de mettre en pratique ses opinions fondées sur une forte conviction. La sélection des titres fait appel à un processus d’investissement ascendant axé sur les fondamentaux qui se concentre sur les sociétés du monde entier ayant pris comme engagement de transformer et d’améliorer leur bilan, de générer des flux de trésorerie disponible, de garantir la qualité de la gestion et de procéder à la valorisation des titres. Cette approche se fonde sur la conviction que certaines sociétés ont des forces inhérentes, ont de meilleures perspectives que leurs homologues et devraient donc surclasser l’industrie, même dans des circonstances économiques ou industrielles difficiles. Un cadre descendant dynamique permet au Conseiller en Investissement par Délégation d’évaluer le stade du cycle de crédit, d’identifier les opportunités et de prendre des risques à un degré raisonnable.
En raison de son exposition aux titres ne bénéficiant pas d’une notation de Premier Ordre (below Investment Grade), un investissement dans le Fonds ne doit pas représenter une part substantielle d’un portefeuille d’investissement et peut ne pas convenir à tous les investisseurs.
Sous réserve des politiques d’investissement décrites ci-dessous, le Fonds peut investir dans une vaste gamme de Titres d’État et Titres de créance productifs de revenus, Titres indexés/structurés, titres adossés à des créances hypothécaires et à des actifs, émis ou garantis par un gouvernement d’un pays membre de l’OCDE, ou par ses agences ou organismes, ou par un émetteur privé, en titres à coupon zéro, en titres payant leurs intérêts en nature (ex. obligations payant un intérêt sous la forme d’obligations supplémentaires de même nature) et en Titres à Coupon Progressif, en actions de préférence et en actions versant des revenus, en REIT, en obligations convertibles, c’est-à-dire en Titres de créance assortis du droit d’acquérir des actions, comme l’attestent les warrants attachés à ces titres ou acquis avec ceux-ci, ou en Titres de créance convertibles en actions. Sous réserve des politiques d’investissement décrites dans les présentes, le Fonds peut investir en actions et autres titres de capital (tels que des obligations convertibles en actions). Le Fonds peut investir, directement ou indirectement (à savoir par l’intermédiaire de certificats américains d’actions étrangères, de certificats européens d’actions étrangères et de certificats internationaux d’actions étrangères) sur les marchés concernés. En outre, le Fonds peut acquérir des participations/cessions dans des prêts hypothécaires à taux variables ou d’autres prêts commerciaux qui sont liquides et permettront des ajustements de taux d’intérêt au moins tous les 397 jours et qui peuvent être garantis par des biens immobiliers ou d’autres actifs. Ces participations peuvent consister en des participations dans le prêt ou en cessions de celui-ci, ou peuvent être acquises auprès de banques, de courtiers qui ont consenti le prêt ou de membres du syndicat qui l’a mis en place. Sous réserve des politiques d’investissement décrites dans les présentes, le Fonds peut investir sans limitation en Titres de Créance et en actions de préférence de rang spéculatif (non Investment Grade). Le Fonds peut également acquérir des titres en défaillance si, de l’avis du Conseiller en Investissement par Délégation concerné, il apparaît probable que l’émetteur pourra reprendre le paiement des intérêts ou si d’autres évolutions favorables semblent probables à court terme.
Bien qu’il soit prévu que les Fonds investira principalement dans des titres d'Émetteurs Américains, il peut investir jusqu’à concurrence de 25 % de sa valeur liquidative dans des titres émis par des Émetteurs non Américains. De manière générale, ces investissements non américains seront négociés sur des Marchés Réglementés qui ne sont pas considérés comme des Marchés en développement.
Le Fonds pourra investir jusqu’à concurrence de 5 % de sa valeur liquidative dans des titres d’autres Organismes de placement collectif admissibles. Un tel investissement englobe la possibilité d’investir dans d’autres Fonds. Cependant, le Fonds ne peut pas investir dans un autre Fonds détenant lui-même des Actions d’un autre Fonds. Lorsqu'il investit dans un autre Fonds, le Fonds ne peut pas prélever une commission annuelle de gestion de portefeuille et/ou de gestion administrative pour ce qui concerne la fraction de ses actifs qui sont investis dans l'autre Fonds.
Le Fonds peut investir en instruments financiers dérivés à des fins de gestion efficace du portefeuille. Les investissements du Fonds en instruments dérivés seront soumis aux limites stipulées dans la politique d’investissement du Fonds ainsi qu’aux conditions et limites éventuellement stipulées par la Banque centrale. Dans certaines circonstances, le Fonds utilisera des instruments financiers dérivés comme levier. Le Fonds est autorisé à des fins d’investissement à investir jusqu’à 10 % de sa valeur liquidative dans des instruments financiers dérivés. Le montant maximal d’effet de levier (lorsqu’il est calculé en utilisant l’approche d’engagement) que le Fonds peut créer grâce à l’utilisation d’instruments financiers dérivés est de 100 % de la valeur liquidative du Fonds. Toutefois, les Actionnaires doivent noter que, compte tenu de la nature des instruments dérivés et du fait que ces instruments peuvent être négociés à la marge, un relativement faible mouvement défavorable du cours du sous-jacent d’un instrument dérivé donné peut entraîner des mouvements immédiats et importants de l’exposition du Fonds à cet instrument dérivé. Si les limites d’exposition liées à un instrument dérivé devaient être supérieures pour des raisons échappant au contrôle du Fonds, celui-ci aura pour priorité de remédier à cette situation en tenant compte des intérêts de ses Actionnaires.

### UTILISATION DE MESURES DÉFENSIVES TEMPORAIRES
Dans certaines circonstances, à titre temporaire et exceptionnel, lorsque le Conseiller en Investissement ou le Conseiller en Investissement par Délégation concerné estime qu’il en va de l’intérêt des Actionnaires, le Fonds pourra effectuer quelques entorses à ses politiques d’investissement telles qu’elles figurent ci-dessus. Pour de plus amples informations, se référer à la section « Utilisation de mesures défensives temporaires » du Prospectus.

### PROFIL DE L’INVESTISSEUR TYPE

### Le Fonds s’adresse à une grande diversité d’investisseurs, qui recherchent l’accès à un portefeuille géré dans le respect d’un objectif et d’une politique d’investissement spécifiques.
L’investisseur potentiel doit choisir la Catégorie qui correspond le mieux à ses besoins. En sélectionnant une Catégorie, les investisseurs potentiels doivent prendre en considération les éléments suivants :
- le montant qu’ils prévoient d’investir ;
- la durée de détention prévue des Actions ;
- les frais payés au titre de chaque Catégorie ;
- l’admissibilité des Actionnaires au bénéfice d’une renonciation ou d’un abandon des droits d’entrée ;
- la devise de la catégorie d’actions.


### LIMITES D'INVESTISSEMENTS

### Chacun des investissements du Fonds sera limité aux investissements autorisés par le Règlement sur les OPCVM et d'autres limites applicables stipulées à l'Annexe 4 du Prospectus.

### UTILISATION D’INSTRUMENTS ET DE TECHNIQUES D’INVESTISSEMENT ET D’INSTRUMENTS FINANCIERS DÉRIVÉS
Sous réserve de la capacité du Fonds à investir dans des instruments financiers dérivés à des fins d'investissement, comme indiqué à la section « Objectif et Politiques d’investissement » ci-dessus, le Conseillers en Investissement par Délégation peut seulement employer des instruments et des techniques d’investissement tels que des contrats à terme normalisés, des options, des swaps et autres instruments financiers dérivés pour une gestion efficace du portefeuille (à savoir une réduction des risques, une réduction des coûts et la génération de capital ou de revenu supplémentaire pour le Fonds) et le Conseiller en Investissement par Délégation est tenu de se conformer aux conditions et restrictions stipulées
périodiquement par la Banque centrale. De plus amples informations figurent aux sections « Utilisation d'instruments et de techniques d'investissement et d'instruments financiers dérivés » et « Types et description d'instruments financiers dérivés » du Prospectus.
La principale méthode de calcul de l’exposition globale pour le Fonds est l'approche d'engagement. Cependant, le modèle de la VaR ne sera utilisé que lorsque le volume d’instruments dérivés utilisé est plus élevé ou la mise en œuvre des stratégies de produits dérivés est plus complexe ou lorsque le profil de risque du Fonds a connu un certain changement.

### RÈGLEMENT SUR LES OPÉRATIONS DE FINANCEMENT SUR TITRES
Comme décrit plus particulièrement dans la section « Réglementation des opérations de financement de titres » du Prospectus, sous réserve des limites d’investissement indiquées en Annexe 4 du Prospectus, ainsi que des limites d’investissement définies à la section « Objectif et politiques d’investissement » du Supplément : (a) en ce qui concerne les investissements autorisés dans les swaps sur rendement total, le Fonds peut investir au maximum 10 % de sa Valeur liquidative ; et (b) le Fonds peut investir au maximum 100
% de sa Valeur liquidative dans des Opérations de financement sur titres. Sous réserve des limites susmentionnées, le Fonds devrait en général investir entre 0 et 20 % de sa Valeur liquidative dans des swaps sur rendement total et des Opérations de financement sur titres.

### FACTEURS DE RISQUE ET CONSIDÉRATIONS PARTICULIÈRES
L’attention des investisseurs est attirée sur les facteurs de risque et autres considérations particulières qui sont décrits dans le Prospectus à la section intitulée « Facteurs de risque et considérations particulières » et qui peuvent affecter le Fonds. Cette liste de facteurs de risque liés aux investissements dans le Fonds n’est pas exhaustive, et l’attention de l’investisseur est attirée sur la description des instruments financiers qui apparaît à la section « Objectif et politiques d’investissement ».

### POLITIQUE DE DISTRIBUTION
Telles que décrites plus particulièrement dans le Prospectus à la section « Les Actions » et dans le Supplément à la section intitulée « Catégories d'Actions », les Catégories d’Actions de Distribution peuvent différer en termes de fréquence de distribution. Les Catégories d’Actions de Distribution peuvent effectuer des distributions de façon mensuelle, trimestrielle, semestrielle ou annuelle, tel que déterminé moment du lancement de la Catégorie d’Actions concernée. La fréquence de distribution des Catégories d’Actions est indiquée dans le tableau ci-dessous :
| Fréquence de distribution | Dates de déclaration de distribution |
| --- | --- |
| Catégories d’Actions de capitalisation |
| Sans objet | Sans objet |
| Catégories d’Actions de Distribution |
| Mensuelle | Mensuelle, en principe le 15 de chaque mois à moins que ce jour ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Trimestrielle | Trimestrielle, normalement le 15 janvier, le 15 avril, le 15 juillet et le 15 octobre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Semestrielle | Semestrielle, en principe le 15 avril et le 15 octobre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Annuelle | Annuelle, en principe le 15 octobre à moins qu’il ne s’agisse pas d’un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède la date mentionnée. |


### HEURES LIMITES DE NÉGOCIATION ET HEURES DE RÈGLEMENT
Les ordres de souscription d’Actions reçus et acceptés par ou au nom de l’Agent de transfert ou la Société et/ou le Gestionnaire avant l’Heure Limite de Négociation au cours d’un Jour Ouvré repris dans les tableaux ci-dessous seront traités au prix de l’offre déterminé ce Jour Ouvré. Les ordres de souscription d’Actions reçus par ou au nom de l’Agent de transfert ou de la Société et/ou du Gestionnaire après l’Heure Limite de Négociation un Jour Ouvré seront traités au prix de l’offre déterminé le Jour Ouvré suivant. Si le paiement des ordres de souscription n’est pas reçu à l’Heure de Règlement correspondante, une souscription peut être annulée ou l’Actionnaire peut être amené à payer des intérêts sur les montants de souscription non soldés aux taux normaux en vigueur. Dans ce cas, l’Agent de Distribution ou l’Actionnaire peut être tenu responsable de toute perte subie par le Fonds.
Le traitement des ordres de rachat est assujetti à la réception et l’acceptation par ou au nom de l’Agent de transfert, la Société et/ou le Gestionnaire d’un ordre de rachat valable. Sous réserve des dispositions de la section « Limites de rachat » dans le Prospectus, les ordres de rachat reçus et acceptés par ou au nom de l’Agent de transfert ou par la Société ou par le Gestionnaire avant l’Heure Limite de Négociation un Jour Ouvré seront traités à la valeur liquidative par Action déterminée ce Jour Ouvré.
| Souscription | Heure	Limite	de Négociation | Heure	de Règlement |
| --- | --- | --- |
| Souscriptions (autres que les Actions de Catégorie Z) | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |
| Souscriptions effectuées directement auprès de l’Agent de Transfert par des Investisseurs Institutionnels Éligibles/Actions de Catégorie Z | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | 15h30, heure de Londres J |
| Rachat | Heure Limite de Négociation | Heure	de Règlement |
| Tous les Rachats | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |


### LE CONSEILLER EN INVESTISSEMENT PAR DÉLÉGATION
Le Gestionnaire a désigné JCIL en tant que conseiller en investissement de la Société. À la date du présent Supplément, JCIL a délégué à JCM la responsabilité de fournir des services discrétionnaires de conseil et de gestion de portefeuille, concernant tout ou partie des actifs du Fonds.

### CHARGES ET COMMISSIONS
Les charges et commissions auxquelles est soumis tout investissement dans un Fonds (comprenant les droits d’entrée, les droits de sortie conditionnels différés (CDSC), l’ajustement de la dilution, une commission de gestion et une commission de distribution) sont décrits en détail dans le Prospectus à la section « Charges et Commissions », dont un résume figure ci-dessous. Les Charges et Commissions sur les Catégories d’Actions de capital peuvent imputer certaines commissions et charges sur le capital plutôt que sur les revenus.
| Type de commission | Actions de Catégorie A | Actions de Catégorie B | Actions de Catégorie E | Actions de Catégorie G | Actions de Catégorie H | Actions de Catégorie I | Actions de Catégorie S | Actions de Catégorie V | Actions de Catégorie Z |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Droit d'entrée | Jusqu'à 5,00 % du montant souscrit | S/O | Jusqu'à 1,00 % du montant souscrit | S/O | S/O | Jusqu'à 2,00 % du montant souscrit | Jusqu'à 2,00 % du montant souscrit | S/O | S/O |
| CDSC Moins d'un an depuis l’achat - à 2 ans
- à 3 ans
- à 4 ans Plus de 4 ansdepuis l’achat
 | S/O | 4 % 3 % 2 % 1 % 0 % | S/O | S/O | S/O | S/O | S/O | 3 % 2 % 1 % 0 % - | S/O |
| Commissions de services aux Actionnaires | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 0,75 % de la valeur liquidative | Jusqu'à 1,00 % de la valeur liquidative | S/O | S/O | S/O | S/O | Jusqu'à 0,75 % de la valeur liquidative | S/O |

| Type de commission | Actions de Catégorie A | Actions de Catégorie B | Actions de Catégorie E | Actions de Catégorie G | Actions de Catégorie H | Actions de Catégorie I | Actions de Catégorie S | Actions de Catégorie V | Actions de Catégorie Z |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Commission de distribution | S/O | Jusqu'à 1,00 % de la valeur liquidative | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Commission de gestion d’investissem ent | Jusqu'à 1,00 % de la valeur liquidative | Jusqu'à 1,00 % de la valeur liquidative | Jusqu'à 1,00 % de la valeur liquidative | Jusqu'à 0,60 % de la valeur liquidative | Jusqu'à 0,60 % de la valeur liquidative | Jusqu'à 0,65 % de la valeur liquidative | Jusqu'à 0,65 % de la valeur liquidative | Jusqu'à 1,00 % de la valeur liquidative | Voir Prospectus |
| Commission de performance | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Charges et Commissions | 2,25 % de la valeur liquidative | 3,25 % de la valeur liquidative | 2,50 % de la valeur liquidative | 0,90 % de la valeur liquidative | 0,90 % de la valeur liquidative | 0,90 % de la valeur liquidative | 0,90 % de la valeur liquidative | 2,25 % de la valeur liquidative | Voir Prospectus |


### AJUSTEMENT DE DILUTION
Un ajustement de dilution peut être appliqué à la Valeur liquidative par Action du Fonds au cours d’un jour de négociation (i) si les souscriptions ou rachats nets dépassent le seuil déterminé à l’avance relatif à la Valeur liquidative du Fonds (lorsqu’un tel seuil est ponctuellement déterminé à l’avance pour le Fonds par le Gestionnaire) ou (ii) dans tout autre cas impliquant des souscriptions ou des rachats nets dans le Fonds, si le Gestionnaire ou ses délégués estiment raisonnablement que l’imposition d’un ajustement de dilution s’inscrira dans l’intérêt des Actionnaires existants.

### CATÉGORIES D’ACTIONS
Comme décrit plus particulièrement dans la section « Les Actions » du Prospectus, la Société propose 11 Catégories d’Actions avec diverses politiques de distribution, fréquences de distribution, politiques de couverture et devises dans chaque Catégorie. Le nouveau nom de chaque Catégorie d’Actions offertes par la Société permet aux Actionnaires d’identifier la politique de distribution, la fréquence de distribution, la politique de couverture et la devise d’une Catégorie en fonction de sous-classifications. Le tableau ci-dessous apporte des précisions sur les Catégories d’Actions du Fonds approuvées par la Banque Centrale, ainsi que sur les Catégories disponibles à l’achat à la date du présent Supplément.
Si, pour une catégorie d’actions donnée d’un fonds donné, aucune émission n’avait préalablement été faite ou s’il est procédé à une réémission, une souscription initiale sera alors possible : (i) à la/aux date(s) devant être déterminée(s) par le Gestionnaire et communiquée(s) à l’avance à la Banque centrale et (ii) le prix de l’offre initiale et le prix de réémission stipulés dans le Prospectus à la section intitulée « Offres initiales de catégories d’actions ». Dans le cas d’un Fonds au titre duquel une ou plusieurs Catégories d’Actions sont déjà émises, le prix de l’offre initiale par Action pour toute Catégorie d’Actions supplémentaire émise en rapport avec ledit Fonds pourra correspondre à la valeur liquidative par Action desdites autres Catégories d’Actions du Fonds concerné tel que fixé par le Gestionnaire et communiqué à l’avance à la Banque Centrale, ainsi qu’aux Actionnaires potentiels.
| CATÉGORIES D’ACTIONS approuvées par la Banque Centrale à la date du présent Supplément |
| --- |
| Catégories libellées en Dollars américains | Catégories libellées en Euros | Catégories libellées en Livres sterling | Catégories libellées en Dollars de Hong Kong | Catégories libellées en Dollars australiens | Catégories libellées en Francs suisses | Catégories libellées en Dollars canadiens | Catégories libellées en Renminbi (CNH) | Catégories libellées en Couronnes suédoises | Catégories libellées en Dollars néo- zélandais | Catégories libellées en Dollars de Singapour |
| A2 USD B2 USD E2 USD I2 USD S2 USD H2 USD G2 USD V2 USD Z2 USD A3 m USD B1 m USD I3 m USD H1m USD V3 m USD A3 USD A3s USD A3q USD A4q USD A4m USD A5m USD I1 USD I3 USD I3s USD I3q USD I4q USD I4m USD I5m USD H1 USD H3 USD H3s USD H3q USD H3m USD H4q USD H4m USD H5m USD G1 USD G3 USD G3s USD G3q USD G3m USD G4q USD G4m USD G5m USD E1 USD E3 USD E3s USD E3q USD E3m USD E4q USD E4m USD E5m USD | A2 HEUR B2 HEUR E2 HEUR I2 HEUR S2 HEUR H2 HEUR G2 HEUR V2 HEUR Z2 EUR B1 m HEUR E3 m HEUR A3 HEUR A3s HEUR A3q HEUR A3m HEUR A4q HEUR A4m HEUR A5m HEUR I1 HEUR I3 HEUR I3s HEUR I3q HEUR I3m HEUR I4q HEUR I4m HEUR I5m HEUR H1 HEUR H3 HEUR H3s HEUR H3q HEUR H3m HEUR H4q HEUR H4m HEUR H5m HEUR G1 HEUR G3 HEUR G3s HEUR G3q HEUR G3m HEUR G4q HEUR G4m HEUR G5m HEUR E1 HEUR E3 HEUR E3s HEUR E3q HEUR E3m HEUR E4q HEUR E4m HEUR | I2 HGBP I2 GBP S2 HGBP H2 HGBP H2 GBP G2 HGBP G2 GBP Z2 GBP Z2 HGBP H3 HGBP H3s HGBP H3q HGBP H3m HGBP H4q HGBP H4m HGBP H5m HGBP G1 HGBP G3 HGBP G3s HGBP G3q HGBP G3m HGBP G4q HGBP G4m HGBP G5m HGBP I1 HGBP I3 HGBP I3s HGBP I3q HGBP I3m HGBP I4q HGBP I4m HGBP I5m HGBP | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD A3 m HKD A3 HKD A3s HKD A3q HKD A3m HKD A4q HKD A4m HKD A5m HKD I1 HKD I3 HKD I3s HKD I3q HKD I3m HKD I4q HKD I4m HKD I5m HKD H1 HKD H3 HKD H3s HKD H3q HKD H3m HKD H4q HKD H4m HKD H5m HKD G1 HKD G3 HKD G3s HKD G3q HKD G3m HKD G4q HKD G4m HKD G5m HKD E1 HKD E3 HKD E3s HKD E3q HKD E3m HKD E4q HKD E4m HKD E5m HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD A3 m HAUD V3 m HAUD A3 HAUD A3s HAUD A3q HAUD A3m HAUD A4q HAUD A4m HAUD A5m HAUD I1 HAUD I3 HAUD I3s HAUD I3q HAUD I3m HAUD I4q HAUD I4m HAUD I5m HAUD H1 HAUD H3 HAUD H3s HAUD H3q HAUD H3m HAUD H4q HAUD H4m HAUD H5m HAUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF G2 HCHF Z2 CHF A3 HCHF A3s HCHF A3q HCHF A3m HCHF A4q HCHF A4m HCHF A5m HCHF I1 HCHF I3 HCHF I3s HCHF I3q HCHF I3m HCHF I4q HCHF I4m HCHF I5m HCHF H1 HCHF H3 HCHF H3s HCHF H3q HCHF H3m HCHF H4q HCHF H4m HCHF H5m HCHF G1 HCHF G3 HCHF G3s HCHF G3q HCHF G3m HCHF G4q HCHF G4m HCHF G5m HCHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH A3 m HCNH A3 HCNH A3s HCNH A3q HCNH A3m HCNH A4q HCNH A4m HCNH A5m HCNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD A3 HSGD A3s HSGD A3q HSGD A3m HSGD A4q HSGD A4m HSGD A5m HSGD A3 SGD A3s SGD A3q SGD A3m SGD A4q SGD A4m SGD A5m SGD I1 HSGD I3 HSGD I3s HSGD I3q HSGD I3m HSGD I4q HSGD I4m HSGD I5m HSGD I1 SGD I3 SGD I3s SGD I3q SGD I3m SGD I4q SGD I4m SGD I5m SGD |


### Supplément concernant le Fonds Janus Henderson US Short-Term Bond Fund

### Le présent Supplément est établi en date du 26 février 2021.

### Le présent Supplément contient des informations spécifiques au fonds Janus Henderson US Short- Term Bond Fund (le « Fonds »), un compartiment de Janus Henderson Capital Funds plc (la « Société

### »). La Société est un OPCVM établi sous la forme d’une société d’investissement à capital variable avec séparation des passifs entre les Fonds, constituée en Irlande et régie par la Banque centrale.
Ce Supplément fait partie intégrante du dernier Prospectus et doit être lu conjointement avec celui-ci. Le Prospectus peut être révisé ou complété de temps à autre. Les termes commençant par une majuscule utilisés dans le présent Supplément, qui n'ont pas été définis dans les présentes, ont la même signification que dans le Prospectus.

### RÉSUMÉ

### Les informations reprises sous ce titre constituent un résumé des principales caractéristiques du Fonds et doivent être lues conjointement avec le texte complet de ce Supplément.
| Catégories d’Actions | Des précisions sur les Catégories d'Actions sont présentées ci-dessous à la section intitulée « Catégories d’Actions ». |
| --- | --- |
| L’attention des investisseurs est attirée sur le fait qu’à la date du présent Supplément, seules certaines Catégories d’Actions du Fonds sont actuellement ouvertes à la souscription. En outre, toutes les Catégories d’Actions ne sont pas disponibles dans toutes les juridictions. Les investisseurs sont priés de se mettre en rapport avec l’Agent de Distribution pour obtenir la liste des Catégories d’Actions à leur disposition. |
| Fréquence des souscriptions, rachats et échanges | Sauf indication contraire des Administrateurs et/ou du Gestionnaire, les souscriptions, les rachats et les échanges d’Actions peuvent être effectués tout Jour Ouvré en suivant les procédures décrites dans les sections du Prospectus intitulées « Comment acheter des Actions », « Comment obtenir le rachat d’Actions » et « Comment échanger ou céder des Actions ». |
| Souscriptions minimales | Les souscriptions initiales et ultérieures minimales applicables à chaque Catégorie au sein du Fonds sont spécifiées dans la section du Prospectus intitulée « Comment acheter des Actions ». |
| Adaptation des Catégories | L’adaptation des Catégories et l’éligibilité des investisseurs pour des Catégories particulières sont décrites à la section intitulée « Les Actions » du Prospectus. |
| Devise de base | Dollar US |


### OBJECTIF ET POLITIQUES D’INVESTISSEMENT
L’objectif d’investissement du Fonds est la recherche du niveau de revenus courants le plus élevé possible tout en assurant la préservation du capital. Le Fonds poursuit cet objectif en investissant au moins 80 % de sa valeur liquidative en Titres de créance d’émetteurs américains à court et moyen terme. Le montant total du Fonds pouvant être investi dans des titres négociés sur les Marchés en développement est de 10 % de la valeur liquidative du Fonds. Bien qu’il n’ait pas de normes de qualité préétablies, ce Fonds investira au moins 70 % de sa valeur liquidative dans des Titres de créance de premier ordre. Il est prévu que l’échéance effective moyenne du portefeuille pondérée en dollars de ce Fonds ne dépasse pas trois ans
Le Fonds peut utiliser, à concurrence de 10 % de sa valeur liquidative, des techniques et instruments d’investissement tels que des contrats à terme normalisés, des options, des swaps et d’autres instruments financiers dérivés à des fins d’investissement, sous réserve des conditions et limites stipulées ponctuellement par la Banque Centrale.

### Objectif de performance : Surperformer l’indice Bloomberg Barclays 1-3 Year US Government/Credit de 0,75 % par an, avant déduction des frais, sur toute période de 5 ans.
Le Fonds est géré activement en fonction de l’indice Bloomberg Barclays 1-3 Year US Government/Credit, qui est largement représentatif des obligations dans lesquelles il peut investir et sur la base duquel l’objectif de performance du Fonds est défini. Le Conseiller en Investissement par Délégation a le pouvoir discrétionnaire de choisir des investissements pour le Fonds avec des pondérations différentes de l’indice ou n’y figurant pas, même si le Fonds peut parfois détenir des investissements similaires à l’indice. Les détails de la performance du Fonds sont disponibles dans les rapports annuels et semestriels, les documents de commercialisation et dans le DICI. Rien ne garantit que la performance du Fonds sera égale ou supérieure à cet indice de référence.
La recherche de crédit fondamentale prospective du Conseiller en Investissement par Délégation vise à identifier les futurs gagnants et perdants afin de lui permettre de mettre en pratique ses opinions fondées sur une forte conviction. La sélection des titres fait appel à un processus d’investissement ascendant axé sur les fondamentaux qui se concentre sur les sociétés ayant pris comme engagement de transformer et d’améliorer leur bilan, de générer des flux de trésorerie disponible, de garantir la qualité de la gestion et de procéder à la valorisation des titres. Cette approche se fonde sur la conviction que certaines sociétés ont des forces inhérentes, ont de meilleures perspectives que leurs homologues et devraient donc surclasser l’industrie, même dans des circonstances économiques ou industrielles difficiles. Un cadre descendant dynamique permet au Conseiller en Investissement par Délégation d’évaluer le stade du cycle de crédit, d’identifier les opportunités et de prendre des risques à un degré raisonnable.
Sous réserve des politiques d’investissement décrites ci-dessous, le Fonds peut investir dans une vaste gamme de Titres d’État et Titres de créance productifs de revenus, Titres indexés/structurés, titres adossés à des créances hypothécaires et à des actifs, émis ou garantis par un gouvernement d’un pays membre de l’OCDE, ou par ses agences ou organismes, ou par un émetteur privé (jusqu'à 25 % de la valeur liquidative du Fonds), en titres à coupon zéro, en titres payant leurs intérêts en nature (ex. obligations payant un intérêt sous la forme d’obligations supplémentaires de même nature) et en Titres à Coupon Progressif (jusqu'à 10 % de la valeur liquidative du Fonds), en actions de préférence et en actions versant des revenus, en REIT, en obligations convertibles, c’est-à-dire en Titres de créance assortis du droit d’acquérir des actions, comme l’attestent les warrants attachés à ces titres ou acquis avec ceux-ci, ou en Titres de créance convertibles en actions. Sous réserve des politiques d’investissement décrites dans les présentes, le Fonds peut investir en actions et autres titres de capital (tels que des obligations convertibles en actions). Le Fonds peut investir, directement ou indirectement (à savoir par l’intermédiaire de certificats américains d’actions étrangères, de certificats européens d’actions étrangères et de certificats internationaux d’actions étrangères) sur les marchés concernés. En outre, le Fonds peut acquérir des participations/cessions dans des prêts hypothécaires à taux variables ou d’autres prêts commerciaux qui sont liquides et permettront des ajustements de taux d’intérêt au moins tous les 397 jours et qui peuvent être garantis par des biens immobiliers ou d’autres actifs. Ces participations peuvent consister en des participations dans le prêt ou en cessions de celui-ci, ou peuvent être acquises auprès de banques, de courtiers qui ont consenti le prêt ou de membres du syndicat qui l’a mis en place. Ces participations ne dépasseront pas, au total, 10 % de la valeur liquidative du Fonds.
Le Fonds peut investir jusqu’à 35 % de sa valeur liquidative en Titres de Créance ne bénéficiant pas d’une notation de Premier Ordre. Le Fonds peut également acquérir des titres en défaillance si, de l’avis du Conseiller en Investissement par Délégation concerné, il apparaît probable que l’émetteur pourra reprendre le paiement des intérêts ou si d’autres évolutions favorables semblent probables à court terme.
Bien qu’il soit prévu que les Fonds investira principalement dans des titres d'Émetteurs Américains, il peut investir jusqu’à concurrence de 25 % de sa valeur liquidative dans des titres émis par des Émetteurs non Américains. De manière générale, ces investissements non américains seront négociés sur des Marchés Réglementés qui ne sont pas considérés comme des Marchés en développement.
Le Fonds pourra investir jusqu’à concurrence de 5 % de sa valeur liquidative dans des titres d’autres Organismes de placement collectif admissibles. Un tel investissement englobe la possibilité d’investir dans d’autres Fonds. Cependant, le Fonds ne peut pas investir dans un autre Fonds détenant lui-même des Actions d’un autre Fonds. Lorsqu'il investit dans un autre Fonds, le Fonds ne peut pas prélever une commission annuelle de gestion de portefeuille et/ou de gestion administrative pour ce qui concerne la fraction de ses actifs qui sont investis dans l'autre Fonds.
Le Fonds peut investir en instruments financiers dérivés à des fins de gestion efficace du portefeuille. Les investissements du Fonds en instruments dérivés seront soumis aux limites stipulées dans la politique d’investissement du Fonds ainsi qu’aux conditions et limites éventuellement stipulées par la Banque centrale. Dans certaines circonstances, le Fonds utilisera des instruments financiers dérivés comme levier. Le Fonds est autorisé à des fins d’investissement à investir jusqu’à 10 % de sa valeur liquidative dans des instruments financiers dérivés. Le montant maximal d’effet de levier (lorsqu’il est calculé en utilisant l’approche d’engagement) que le Fonds peut créer grâce à l’utilisation d’instruments financiers dérivés est de 100 % de la valeur liquidative du Fonds. Toutefois, les Actionnaires doivent noter que, compte tenu de la nature des instruments dérivés et du fait que ces instruments peuvent être négociés à la marge, un relativement faible mouvement défavorable du cours du sous-jacent d’un instrument dérivé donné peut entraîner des mouvements immédiats et importants de l’exposition du Fonds à cet instrument dérivé. Si les limites d’exposition liées à un instrument dérivé devaient être supérieures pour des raisons échappant au contrôle du Fonds, celui-ci aura pour priorité de remédier à cette situation en tenant compte des intérêts de ses Actionnaires.

### UTILISATION DE MESURES DÉFENSIVES TEMPORAIRES
Dans certaines circonstances, à titre temporaire et exceptionnel, lorsque le Conseiller en Investissement ou le Conseiller en Investissement par Délégation concerné estime qu’il en va de l’intérêt des Actionnaires, le Fonds pourra effectuer quelques entorses à ses politiques d’investissement telles qu’elles figurent ci-dessus. Pour de plus amples informations, se référer à la section « Utilisation de mesures défensives temporaires » du Prospectus.

### PROFIL DE L’INVESTISSEUR TYPE

### Le Fonds s’adresse à une grande diversité d’investisseurs, qui recherchent l’accès à un portefeuille géré dans le respect d’un objectif et d’une politique d’investissement spécifiques.
L’investisseur potentiel doit choisir la Catégorie qui correspond le mieux à ses besoins. En sélectionnant une Catégorie, les investisseurs potentiels doivent prendre en considération les éléments suivants :
- le montant qu’ils prévoient d’investir ;
- la durée de détention prévue des Actions ;
- les frais payés au titre de chaque Catégorie ;
- l’admissibilité des Actionnaires au bénéfice d’une renonciation ou d’un abandon des droits d’entrée ;
- la devise de la catégorie d’actions.


### LIMITES D'INVESTISSEMENTS

### Chacun des investissements du Fonds sera limité aux investissements autorisés par le Règlement sur les OPCVM et d'autres limites applicables stipulées à l'Annexe 4 du Prospectus.

### UTILISATION D’INSTRUMENTS ET DE TECHNIQUES D’INVESTISSEMENT ET D’INSTRUMENTS FINANCIERS DÉRIVÉS
Sous réserve de la capacité du Fonds à investir dans des instruments financiers dérivés à des fins d'investissement, comme indiqué à la section « Objectif et Politiques d’investissement » ci-dessus, le Conseillers en Investissement par Délégation peut seulement employer des instruments et des techniques d’investissement tels que des contrats à terme normalisés, des options, des swaps et autres instruments financiers dérivés pour une gestion efficace du portefeuille (à savoir une réduction des risques, une réduction des coûts et la génération de capital ou de revenu supplémentaire pour le Fonds) et le Conseiller en Investissement par Délégation est tenu de se conformer aux conditions et restrictions stipulées périodiquement par la Banque centrale. De plus amples informations figurent aux sections « Utilisation d'instruments et de techniques d'investissement et d'instruments financiers dérivés » et « Types et description d'instruments financiers dérivés » du Prospectus.
La principale méthode de calcul de l’exposition globale pour le Fonds est l'approche d'engagement. Cependant, le modèle de la VaR ne sera utilisé que lorsque le volume d’instruments dérivés utilisé est plus

### élevé ou la mise en œuvre des stratégies de produits dérivés est plus complexe ou lorsque le profil de risque du Fonds a connu un certain changement.

### RÈGLEMENT SUR LES OPÉRATIONS DE FINANCEMENT SUR TITRES
Comme décrit plus particulièrement dans la section « Réglementation des opérations de financement de titres » du Prospectus, sous réserve des limites d’investissement indiquées en Annexe 4 du Prospectus, ainsi que des limites d’investissement définies à la section « Objectif et politiques d’investissement » du Supplément : (a) en ce qui concerne les investissements autorisés dans les swaps sur rendement total, le Fonds peut investir au maximum 10 % de sa Valeur liquidative ; et (b) le Fonds peut investir au maximum 100
% de sa Valeur liquidative dans des Opérations de financement sur titres. Sous réserve des limites susmentionnées, le Fonds devrait en général investir entre 0 et 20 % de sa Valeur liquidative dans des swaps sur rendement total et des Opérations de financement sur titres.

### FACTEURS DE RISQUE ET CONSIDÉRATIONS PARTICULIÈRES
L’attention des investisseurs est attirée sur les facteurs de risque et autres considérations particulières qui sont décrits dans le Prospectus à la section intitulée « Facteurs de risque et considérations particulières » et qui peuvent affecter le Fonds. Cette liste de facteurs de risque liés aux investissements dans le Fonds n’est pas exhaustive, et l’attention de l’investisseur est attirée sur la description des instruments financiers qui apparaît à la section « Objectif et politiques d’investissement ».

### POLITIQUE DE DISTRIBUTION
Telles que décrites plus particulièrement dans le Prospectus à la section « Les Actions » et dans le Supplément à la section intitulée « Catégories d'Actions », les Catégories d’Actions de Distribution peuvent différer en termes de fréquence de distribution. Les Catégories d’Actions de Distribution peuvent effectuer des distributions de façon mensuelle, trimestrielle, semestrielle ou annuelle, tel que déterminé moment du lancement de la Catégorie d’Actions concernée. La fréquence de distribution des Catégories d’Actions est indiquée dans le tableau ci-dessous :
| Fréquence de distribution | Dates de déclaration de distribution |
| --- | --- |
| Catégories d’Actions de capitalisation |
| Sans objet | Sans objet |
| Catégories d’Actions de Distribution |
| Mensuelle | Mensuelle, en principe le 15 de chaque mois à moins que ce jour ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Trimestrielle | Trimestrielle, normalement le 15 janvier, le 15 avril, le 15 juillet et le 15 octobre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |
| Semestrielle | Semestrielle, en principe le 15 avril et le 15 octobre à moins que l’un de ces jours ne soit pas un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède les dates mentionnées. |

| Fréquence de distribution | Dates de déclaration de distribution |
| --- | --- |
| Annuelle | Annuelle, en principe le 15 octobre à moins qu’il ne s’agisse pas d’un Jour Ouvré, auquel cas la distribution sera déclarée le dernier Jour Ouvré qui précède la date mentionnée. |


### HEURES LIMITES DE NÉGOCIATION ET HEURES DE RÈGLEMENT
Les ordres de souscription d’Actions reçus et acceptés par ou au nom de l’Agent de transfert ou la Société et/ou le Gestionnaire avant l’Heure Limite de Négociation au cours d’un Jour Ouvré repris dans les tableaux ci-dessous seront traités au prix de l’offre déterminé ce Jour Ouvré. Les ordres de souscription d’Actions reçus par ou au nom de l’Agent de transfert ou de la Société et/ou du Gestionnaire après l’Heure Limite de Négociation un Jour Ouvré seront traités au prix de l’offre déterminé le Jour Ouvré suivant. Si le paiement des ordres de souscription n’est pas reçu à l’Heure de Règlement correspondante, une souscription peut être annulée ou l’Actionnaire peut être amené à payer des intérêts sur les montants de souscription non soldés aux taux normaux en vigueur. Dans ce cas, l’Agent de Distribution ou l’Actionnaire peut être tenu responsable de toute perte subie par le Fonds.
Le traitement des ordres de rachat est assujetti à la réception et l’acceptation par ou au nom de l’Agent de transfert, la Société et/ou le Gestionnaire d’un ordre de rachat valable. Sous réserve des dispositions de la section « Limites de rachat » dans le Prospectus, les ordres de rachat reçus et acceptés par ou au nom de l’Agent de transfert ou par la Société ou par le Gestionnaire avant l’Heure Limite de Négociation un Jour Ouvré seront traités à la valeur liquidative par Action déterminée ce Jour Ouvré.
| Souscription | Heure Limite de Négociation | Heure de Règlement |
| --- | --- | --- |
| Souscriptions (autres que les Actions de Catégorie Z) | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |
| Souscriptions effectuées directement auprès de l’Agent de Transfert par des Investisseurs Institutionnels Éligibles/Actions de Catégorie Z | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | 15h30, heure de Londres J |
| Rachat | Heure Limite de Négociation | Heure de Règlement |
| Tous les Rachats | Clôture de la séance de négociation normale du NYSE (normalement 16h00, heure de New York) | J + 3 |


### LE CONSEILLER EN INVESTISSEMENT PAR DÉLÉGATION
Le Gestionnaire a désigné JCIL en tant que conseiller en investissement de la Société. À la date du présent Supplément, JCIL a délégué à JCM la responsabilité de fournir des services discrétionnaires de conseil et de gestion de portefeuille, concernant tout ou partie des actifs du Fonds.

### CHARGES ET COMMISSIONS
Les charges et commissions auxquelles est soumis tout investissement dans un Fonds (comprenant les droits d’entrée, les droits de sortie conditionnels différés (CDSC), l’ajustement de la dilution, une commission de
gestion et une commission de distribution) sont décrits en détail dans le Prospectus à la section « Charges et Commissions », dont un résume figure ci-dessous. Les Charges et Commissions sur les Catégories d’Actions de capital peuvent imputer certaines commissions et charges sur le capital plutôt que sur les revenus.
| Type de commission | Actions de Catégorie A | Actions de Catégorie B | Actions de Catégorie E | Actions de Catégorie G | Actions de Catégorie H | Actions de Catégorie I | Actions de Catégorie S | Actions de Catégorie V | Actions de Catégorie Z |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Droit d'entrée | Jusqu'à 5,00 % du montant souscrit | S/O | S/O | S/O | S/O | Jusqu'à 2,00 % du montant souscrit | Jusqu'à 2,00 % du montant souscrit | S/O | S/O |
| CDSC Moins d'un an depuis l’achat - à 2 ans
- à 3 ans
- à 4 ans Plus de 4 ansdepuis l’achat
 | S/O | 4 % 3 % 2 % 1 % 0 % | S/O | S/O | S/O | S/O | S/O | 3 % 2 % 1 % 0 % - | S/O |
| Commissions de services aux Actionnaires | Jusqu'à 0,20 % de la valeur liquidative | Jusqu'à 0,50 % de la valeur liquidative | Jusqu'à 1,00 % de la valeur liquidative | S/O | S/O | S/O | S/O | Jusqu'à 0,50 % de la valeur liquidative | S/O |
| Commission de distribution | S/O | Jusqu'à 1,00 % de la valeur liquidative | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Commission de gestion d’investissem ent | Jusqu'à 0,50 % de la valeur liquidative | Jusqu'à 0,65 % de la valeur liquidative | Jusqu'à 0,65 % de la valeur liquidative | Jusqu'à 0,50 % de la valeur liquidative | Jusqu'à 0,50 % de la valeur liquidative | Jusqu'à 0,50 % de la valeur liquidative | Jusqu'à 0,50 % de la valeur liquidative | Jusqu'à 0,65 % de la valeur liquidative | Voir Prospectus |
| Commission de performance | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O | S/O |
| Charges et Commissions | 0,95 % de la valeur liquidative | 2,10 % de la valeur liquidative | 2,15 % de la valeur liquidative | 0,75 % de la valeur liquidative | 0,75 % de la valeur liquidative | 0,75 % de la valeur liquidative | 0,75 % de la valeur liquidative | 1,90 % de la valeur liquidative | Voir Prospectus |


### AJUSTEMENT DE DILUTION
Un ajustement de dilution peut être appliqué à la Valeur liquidative par Action du Fonds au cours d’un jour de négociation (i) si les souscriptions ou rachats nets dépassent le seuil déterminé à l’avance relatif à la Valeur liquidative du Fonds (lorsqu’un tel seuil est ponctuellement déterminé à l’avance pour le Fonds par le Gestionnaire) ou (ii) dans tout autre cas impliquant des souscriptions ou des rachats nets dans le Fonds, si le Gestionnaire ou ses délégués estiment raisonnablement que l’imposition d’un ajustement de dilution s’inscrira dans l’intérêt des Actionnaires existants.

### CATÉGORIES D’ACTIONS
Comme décrit plus particulièrement dans la section « Les Actions » du Prospectus, la Société propose 11 Catégories d’Actions avec diverses politiques de distribution, fréquences de distribution, politiques de couverture et devises dans chaque Catégorie. Le nouveau nom de chaque Catégorie d’Actions offertes par la Société permet aux Actionnaires d’identifier la politique de distribution, la fréquence de distribution, la politique de couverture et la devise d’une Catégorie en fonction de sous-classifications. Le tableau ci-dessous apporte des précisions sur les Catégories d’Actions du Fonds approuvées par la Banque Centrale, ainsi que sur les Catégories disponibles à l’achat à la date du présent Supplément.
Si, pour une catégorie d’actions donnée d’un fonds donné, aucune émission n’avait préalablement été faite ou s’il est procédé à une réémission, une souscription initiale sera alors possible : (i) à la/aux date(s) devant être déterminée(s) par le Gestionnaire et communiquée(s) à l’avance à la Banque centrale et (ii) le prix de l’offre initiale et le prix de réémission stipulés dans le Prospectus à la section intitulée « Offres initiales de catégories d’actions ». Dans le cas d’un Fonds au titre duquel une ou plusieurs Catégories d’Actions sont déjà émises, le prix de l’offre initiale par Action pour toute Catégorie d’Actions supplémentaire émise en rapport avec ledit Fonds pourra correspondre à la valeur liquidative par Action desdites autres Catégories d’Actions du Fonds concerné tel que fixé par le Gestionnaire et communiqué à l’avance à la Banque Centrale, ainsi qu’aux Actionnaires potentiels.
| CATÉGORIES D’ACTIONS approuvées par la Banque Centrale à la date du présent Supplément |
| --- |
| Catégories libellées en Dollars américains | Catégories libellées en Euros | Catégories libellées en Livres sterling | Catégories libellées en Dollars de Hong Kong | Catégories libellées en Dollars australiens | Catégories libellées en Francs suisses | Catégories libellées en Dollars canadiens | Catégories libellées en Renminbi (CNH) | Catégories libellées en Couronnes suédoises | Catégories libellées en Dollars néo- zélandais | Catégories libellées en Dollars de Singapour |
| A2 USD B2 USD E2 USD I2 USD S2 USD H2 USD G2 USD V2 USD Z2 USD A1 m USD B1 m USD I1 m USD H1 m USD A3 USD A3s USD A3q USD A3m USD A4q USD A4m USD A5m USD I1 USD I3 USD I3s USD I3q USD I3m USD I4q USD I4m USD I5m USD H1 USD H3 USD H3s USD H3q USD H3m USD H4q USD H4m USD H5m USD G1 USD G3 USD G3s USD G3q USD G3m USD G4q USD G4m USD G5m USD E1 USD E3 USD E3s USD E3q USD E3m USD E4q USD E4m USD E5m USD | A2 HEUR B2 HEUR E2 HEUR I2 HEUR S2 HEUR H2 HEUR G2 HEUR V2 HEUR Z2 EUR E3m HEUR A3 HEUR A3s HEUR A3q HEUR A4q HEUR A4m HEUR A5m HEUR I1 HEUR I3 HEUR I3s HEUR I3q HEUR I3m HEUR I4q HEUR I4m HEUR I5m HEUR H1 HEUR H3 HEUR H3s HEUR H3q HEUR H3m HEUR H4q HEUR H4m HEUR H5m HEUR G1 HEUR G3 HEUR G3s HEUR G3q HEUR G3m HEUR G4q HEUR G4m HEUR G5m HEUR E1 HEUR E3 HEUR E3s HEUR E3q HEUR E3m HEUR E4q HEUR E4m HEUR E5m HEUR | I2 HGBP I2 GBP S2 HGBP H2 HGBP H2 GBP G2 HGBP G2 GBP Z2 GBP Z2 HGBP I1m HGBP H3 HGBP H3s HGBP H3q HGBP H3m HGBP H4q HGBP H4m HGBP H5m HGBP G1 HGBP G3 HGBP G3s HGBP G3q HGBP G3m HGBP G4q HGBP G4m HGBP G5m HGBP I1 HGBP I3 HGBP I3s HGBP I3q HGBP I3m HGBP I4q HGBP I4m HGBP I5m HGBP | A2 HKD I2 HKD S2 HKD V2 HKD Z2 HKD A3 HKD A3s HKD A3q HKD A3m HKD A4q HKD A4m HKD A5m HKD I1 HKD I3 HKD I3s HKD I3q HKD I3m HKD I4q HKD I4m HKD I5m HKD H1 HKD H3 HKD H3s HKD H3q HKD H3m HKD H4q HKD H4m HKD H5m HKD G1 HKD G3 HKD G3s HKD G3q HKD G3m HKD G4q HKD G4m HKD G5m HKD E1 HKD E3 HKD E3s HKD E3q HKD E3m HKD E4q HKD E4m HKD E5m HKD | A2 HAUD I2 HAUD S2 HAUD V2 HAUD Z2 AUD A3 HAUD A3s HAUD A3q HAUD A3m HAUD A4q HAUD A4m HAUD A5m HAUD I1 HAUD I3 HAUD I3s HAUD I3q HAUD I3m HAUD I4q HAUD I4m HAUD I5m HAUD H1 HAUD H3 HAUD H3s HAUD H3q HAUD H3m HAUD H4q HAUD H4m HAUD H5m HAUD | A2 HCHF I2 HCHF S2 HCHF H2 HCHF G2 HCHF Z2 CHF A3 HCHF A3s HCHF A3q HCHF A3m HCHF A4q HCHF A4m HCHF A5m HCHF I1 HCHF I3 HCHF I3s HCHF I3q HCHF I3m HCHF I4q HCHF I4m HCHF I5m HCHF H1 HCHF H3 HCHF H3s HCHF H3q HCHF H3m HCHF H4q HCHF H4m HCHF H5m HCHF G1 HCHF G3 HCHF G3s HCHF G3q HCHF G3m HCHF G4q HCHF G4m HCHF G5m HCHF | A2 HCAD I2 HCAD S2 HCAD Z2 CAD | A2 HCNH I2 HCNH S2 HCNH V2 HCNH Z2 CNH A1m HCNH A3 HCNH A3s HCNH A3q HCNH A3m HCNH A4q HCNH A4m HCNH A5m HCNH | A2 HSEK I2 HSEK S2 HSEK Z2 SEK | A2 HNZD I2 HNZD S2 HNZD V2 HNZD Z2 NZD | A2 HSGD I2 HSGD S2 HSGD V2 HSGD Z2 SGD A3 HSGD A3s HSGD A3q HSGD A3m HSGD A4q HSGD A4m HSGD A5m HSGD A3 SGD A3s SGD A3q SGD A3m SGD A4q SGD A4m SGD A5m SGD I1 HSGD I3 HSGD I3s HSGD I3q HSGD I3m HSGD I4q HSGD I4m HSGD I5m HSGD I1 SGD I3 SGD I3s SGD I3q SGD I3m SGD I4q SGD I4m SGD I5m SGD |

Janus Henderson Investors
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