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Stock impact report

Janus Henderson Investors to Reduce Management Fees for ETFs

Janus Henderson Group plc Ordinary Shares (JHG) 
Last janus henderson group plc ordinary shares earnings: 4/30 04:00 am Check Earnings Report
US:NYSE Investor Relations: snl.com/irw/corporateprofile/4147331
Company Research Source: Business Wire
DENVER--(BUSINESS WIRE)--Janus Henderson Investors (NYSE/ASX: JHG) today announced it will reduce management fees for five exchange-traded funds (VNLA, JMBS, JSML, JSMD, OLD), effective May 1.Janus Henderson is also adding a new expense limitation agreement (ELA) for VNLA. This reflects a fee waiver to reduce the net expense ratio to 0.26%.The fee changes are as follows:Management Fee BreakpointsCurrentManagementFeesNew Management Fees(Effective May 1, 2020)First $500,000,0000.35% 0.30%Next $500,000,0000.28% 0.25%Over $1,000,000,0000.20% 0.20%As a result of these changes, the Funds’ new management fees as shown in the updated prospectus are as follows:CurrentProspectusManagementFeesNew ProspectusManagement Fees(Effective May 1,2020) New ProspectusExpense Ratios(Effective May 1, 2020) Show less Read more
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