Janus Henderson TACT ETF (Cboe:TACT)

Janus Henderson Tactical Income Active ETF

Global

About the TACT ETF

The Janus Henderson Tactical Income Active TACT ETF seeks to achieve a total return after fees that exceeds the total return of the Benchmark (Bloomberg AusBond Bank Bill Index and Bloomberg AusBond Composite 0+ Yr Index equally weighted).

TACT employs active asset allocation to achieve its capital preservation focus, with the ability to invest in cash, fixed and floating interest rate securities including government and semi-government bonds, asset backed securities, corporate securities and bank securities or hybrids.

TACT ETF Performance Review

6.41

1.54

1.92

4.78

4.63

Data Current To: 31/12/2023

Our review of TACT ETF

Diversified, low risk portfolio with an average weighted credit rating of AA+

Has a very small allocation of less than 5% to high risk, sub investment grade bonds to boost income

What we like about the TACT ETF

A fund of funds. The underlying fund started in June 2009, so it has a performance record

Flexible asset allocation structure allows the manager to adjust exposure to underlying assets depending on the market

Detailed monthly portfolio reviews

Things to be aware of about the TACT ETF

Relatively high management fee of 0.45% as at 31 December 2023

High, effective cash allocation of 32% as at 31 December 2023

TACT ETF Investment Strategy

The Fund is actively managed and designed to make tactical investment decisions between cash, longer duration fixed interest securities and higher yielding securities, through every step of the investment cycle.

What does the TACT ETF Invest In?

TACT is a Multi Sector ETF.

The Janus Henderson Tactical Income Active TACT ETF aims to achieve its goal by investing in a diversified portfolio of predominantly Australian income producing assets.

TACT ETF Credit Quality

The average credit quality of the TACT ETF is AA-.

TACT Frequently Asked Questions

What index does the TACT ETF aim to replicate?

The TACT ETF aims to replicate the Bloomberg AusBond Bank Bill Index and Bloomberg AusBond Composite 0+ Yr Index equally weighted.

How often does TACT ETF pay distributions?

The distribution frequency of TACT is Quarterly.

When did the TACT ETF start?

The inception date of the TACT ETF was 27/07/2020.

What are the net assets of the TACT ETF?

TACT has net assets of $177.8m (AUD) as of 31/12/2023.

What are the number of holdings in the TACT ETF?

Total number of holdings in TACT is 457 as of 31/12/2023.

What are the management fees for the TACT ETF?

The annual management fees for the TACT ETF are 0.45% p.a. Learn more about ETF fees in this article.

How can I invest in the TACT ETF?

TACT is an Exchange Traded Fund, and units may be bought or sold on the Cboe like shares. Learn how to buy and sell ETFs in this article.

Does the TACT ETF have a minimum investment amount?

No, there is no minimum to invest in the Janus Henderson TACT ETF. Exchange Traded Funds in general do not have a minimum investment amount required by the issuer. However, if you choose to invest through a broker, they may choose to set their own minimum investment amount.

Are there any performance fees associated with the TACT ETF?

No, TACT has no performance fee. This is one of the advantages of Exchange Traded Funds, as they are traded like shares, you’ll generally only pay a commission to buy or sell units and an ongoing management fee.

TACT ETF News

Can An Active ETF Strategy Make A Difference? VACF Versus TACT (November 9th, 2021)
PODCAST: Portfolio Management with Jay Sivapalan – Head of Australian Fixed Interest at Janus Henderson (July 20th, 2021)

About The Issuer Of The TACT ETF: Janus Henderson

Janus Henderson Investors is a leading global active asset manager that was formed in 2017 as the result of a merger between Janus Capital Group and Henderson Group and manage US$360 billion.