Janus Henderson Diversified Credit Fund

Janus Henderson has launched the Janus Henderson Diversified Credit Fund on the Australian Stock Exchange's mFund, making it available to a much wider range of investors.

The fund invests in, and actively manages, a portfolio of Australian and global higher yielding securities. It targets a total return after fees that exceeds the total return of the Bloomberg AusBond Bank Bill by 1.40 per cent per annum over rolling three-year periods.

Janus Henderson says the fund is for investors comfortable with at least a three year timeframe for their investment and it has a management fee of 0.55 per cent.

The fund manager has also made its Australian fixed income fund available on mFund.