Janus Henderson Global Technology And Innovation Fund Q2 2025 Commentary: Returns and Performance Analysis.
ByAinvest
Sunday, Aug 24, 2025 8:44 pm ET1min read
AAPL--
The quarter began with the tech sector facing challenges, including tariffs and questions about the commercial viability of AI-related capital expenditure. However, by June, these concerns had dissipated as evidence emerged that demand for AI capacity was strong. Companies like Microsoft Corp. (MSFT) reported that their AI investments were paying off, and investors gained confidence in the theme.
Apple Inc. (AAPL) faced headwinds, including tariff risks and exposure to China, but Taiwan Semiconductor Manufacturing Co. Ltd. (TSM) and Amphenol Corp. (APH) were significant contributors to the fund's performance. Taiwan Semiconductor is a key manufacturer of complex AI chips, while Amphenol benefits from the growth in AI capacity, as data centers require extensive cabling.
The fund's underweights in NVIDIA Corp. (NVDA) and Oracle Corp. (ORCL) detracted from performance. NVIDIA reported better-than-expected earnings despite writing down its China business, while Oracle maintained strong margins on its incremental business.
The outlook for the tech sector remains promising, with U.S. economic growth proving resilient and other regions stabilizing. The role of technology in catalyzing economic growth is significant, and AI is expected to drive further innovations and growth.
References:
[1] https://seekingalpha.com/article/4816337-janus-henderson-global-technology-and-innovation-fund-q2-2025-commentary
APH--
TSM--
The Janus Henderson Global Technology and Innovation Fund returned 26.36% in Q2 2025, outperforming the S&P 500 Index's 10.94% return. The MSCI All Country World Information Technology Index returned 23.29%. The fund's performance was driven by holdings in Apple, Taiwan Semiconductor, and Amphenol.
The Janus Henderson Global Technology and Innovation Fund reported a strong performance in Q2 2025, returning 26.36% and outperforming the S&P 500 Index's 10.94% return. The MSCI All Country World Information Technology Index returned 23.29% during the same period. The fund's impressive performance was driven by significant contributions from holdings in Apple Inc. (AAPL), Taiwan Semiconductor Manufacturing Co. Ltd. (TSM), and Amphenol Corp. (APH).The quarter began with the tech sector facing challenges, including tariffs and questions about the commercial viability of AI-related capital expenditure. However, by June, these concerns had dissipated as evidence emerged that demand for AI capacity was strong. Companies like Microsoft Corp. (MSFT) reported that their AI investments were paying off, and investors gained confidence in the theme.
Apple Inc. (AAPL) faced headwinds, including tariff risks and exposure to China, but Taiwan Semiconductor Manufacturing Co. Ltd. (TSM) and Amphenol Corp. (APH) were significant contributors to the fund's performance. Taiwan Semiconductor is a key manufacturer of complex AI chips, while Amphenol benefits from the growth in AI capacity, as data centers require extensive cabling.
The fund's underweights in NVIDIA Corp. (NVDA) and Oracle Corp. (ORCL) detracted from performance. NVIDIA reported better-than-expected earnings despite writing down its China business, while Oracle maintained strong margins on its incremental business.
The outlook for the tech sector remains promising, with U.S. economic growth proving resilient and other regions stabilizing. The role of technology in catalyzing economic growth is significant, and AI is expected to drive further innovations and growth.
References:
[1] https://seekingalpha.com/article/4816337-janus-henderson-global-technology-and-innovation-fund-q2-2025-commentary
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue
Comments
No comments yet