Janus Henderson Global Allocation Fund - Moderate - T Shares

This fund primarily allocates its capital to a selection of other mutual funds managed by Janus Henderson. These underlying funds encompass diverse asset classes and investment approaches, offering exposure to companies and entities globally. A significant portion, specifically between 40% and 65% of its net assets, is designated for non-U.S. investments. Through this strategy of investing in a diversified portfolio of underlying funds, it typically gains exposure to various asset categories including stocks, bonds, short-term liquid assets, and, when appropriate, alternative investments.