Janus Henderson Horizon Asia-Pacific Property Income A3 SGD

The Fund aims to provide a sustainable level of income, with a dividend yield higher than that of the FTSE EPRA Nareit Developed Asia Dividend Plus Index, plus the potential for capital growth over the long term. The Fund invests at least 75% of its assets in a concentrated portfolio of equities and equity related securities of real estate investment trusts (REITs) and companies of any size which will derive the main part of their revenue from owning, developing and managing real estate.

iFAST Research Team
iFAST Research Team09 Sep 2026Views
Janus Henderson Horizon Asia-Pacific Property Income A3 SGD
2026

  • The fund manager believes listed real estate equities are the most efficient, transparent and investor-friendly vehicle for owning institutional-grade real estate, with pockets of opportunity for active managers to add value.
  • The fund targets both income and capital growth. The portfolio holds a number of small and mid-cap companies and invests in the Asia Pacific property sector. 
  • The fund is benchmark-aware via the FTSE EPRA Nareit Developed Asia Dividend Plus Index, managed to stay close to benchmark country weightings while taking meaningful active positions across property sectors and individual securities. 
  • The fund typically holds 20 to 40 holdings and had 25 holdings as of 31 March 2026. As of 31 March 2026, the fund has the largest sub-sector exposures in Real Estate Holding & Development and Retail REITs.
  • Looking ahead, the fund manager remains optimistic on the recovery in Asian real estate markets despite uncertainty from the Middle East conflict, citing improving fundamentals, resilient demand and declining supply supporting rental growth. 

Fund Investment Style

Source: Bloomberg Finance L.P., iFAST Compilations
Monthly total returns including gross dividends in SGD terms as of 31 Mar 2026

Recommended fund

3-year annualised return

3-year maximum drawdown

3-year downside deviation

3-year Sortino ratio

Janus Henderson Horizon Asia-Pacific Property Income A3 SGD

0.6%

-33.9%

10.6%

-0.18

Peer Average

-0.8%

-37.2%

9.8%

-0.35

Source: Bloomberg Finance L.P., iFAST Compilations
Monthly total returns including gross dividends in SGD terms as of 31 Mar 2026

About the Fund Managers

The Fund is co-managed by Tim Gibson, who has managed the Fund since 1 March 2011, and Xin Yan Low, who has managed the Fund since 31 January 2019, both based in Singapore and supported by the broader Global Property Equities team. The team strives to generate the majority of outperformance through stock selection, utilising expert local-market knowledge, given that relative country performance is influenced by less predictable factors such as exchange rates, investor sentiment and government policy. The approach is bottom-up and high-conviction, building concentrated, all-cap portfolios using a proprietary valuation framework, while country allocation is kept close to neutral to reduce exposure to exogenous risks.

All materials and contents found in this site are strictly for general circulation and informational purposes only and should not be considered as an offer, or solicitation, to deal in any of the funds or products found/identified in this site. While iFAST Financial Pte Ltd ("IFPL") has tried to provide accurate and timely information, there may be inadvertent delays, omissions, technical or factual inaccuracies and typographical errors. Any opinion or estimate contained in this report is made on a general basis and neither IFPL nor any of its servants or agents have given any consideration to nor have they or any of them made any investigation of the investment objective, financial situation or particular need of any user or reader, any specific person or group of persons. You should consider carefully if the products you are going to purchase are suitable for your investment objective, investment experience, risk tolerance and other personal circumstances. If you are uncertain about the suitability of the investment product, please seek advice from a financial adviser, before making a decision to purchase the investment product. Past performance is not indicative of future performance. The value of the investment products and the income from them may fall as well as rise. Opinions expressed herein are subject to change without notice. In respect of any matters arising from, or in connection with the said research analyses or research reports, recipients of the report are to contact IFPL at 10 Collyer Quay, #26-01 Ocean Financial Centre Building, Singapore 049315, or by telephone at +65 6557 2853. Where the report contains research analyses or research reports from a foreign research house and if the recipient of such research analyses or research reports is not an accredited investor, expert investor, institutional investor or an ex-accredited investor, IFPL accepts legal responsibility for the contents of such analyses or reports to such persons only to the extent as required by law. Please note that only certain security(ies) herein are available to all investors, while the rest are only available for certain persons to invest in, such as Accredited Investors (as defined in the Securities and Futures Act) or one who invests at least S$200,000 (or its equivalent currency) per transaction. To qualify as an Accredited Investor, one needs to submit a declaration form and certain relevant supporting documents, according to iFAST’s prevailing policies and procedures.

Please read our full disclaimers on the website at ( https://fsm.global/sg/policies/328125/investment-account-terms-&-conditions).

iFAST Financial Pte Ltd (IFPL) (registered address: 10 Collyer Quay #26-01 Ocean Financial Centre Singapore 049315, Telephone: 6557 2000) holds the Financial Advisers Licence issued by the Monetary Authority of Singapore ('MAS') to conduct regulated activities of advising on securities, marketing of collective investment schemes and arranging of any contract of insurance in respect of life policies, other than a contract of reinsurance and the Capital Markets Services Licence issued by the MAS to conduct regulated activities of dealing in securities and providing custodial services for securities. While IFPL has made every effort to ensure the independence of the report's contents, IFPL's nature of business is such that IFPL and its connected and associated entities together with their respective directors, officers and staff may be involved in providing dealing or investment-related services in the abovementioned securities, and have taken or may take positions in the securities mentioned in this report, and may also act as the principal for any buy or sell trades.