Janus Henderson Group Announces Change to ETF Line-Up

Tail Risk Hedged Large Cap (TRSK) and Volatility Hedged Large Cap (SPXH) Exchange Traded Funds to Close

News provided by

Janus Henderson Group plc

Mar 06, 2018, 06:20 ET

DENVER and DARIEN, Conn., March 6, 2018 /PRNewswire/ -- Janus Henderson Group plc (NYSE: JHG) today announced the Janus Detroit Street Trust Board of Trustee's approval for plans to close and liquidate Janus Velocity Tail Risk Hedged Large Cap ETF (NYSE: TRSK) and Janus Velocity Volatility Hedged Large Cap ETF (NYSE: SPXH). The decision to close the funds is based on a combination of unanticipated changes to underlying components of the funds' underlying indexes as further detailed in the prospectus supplement filed today, March 6, 2018, and a standard review of the firm's exchange-traded product line-up.

Ticker

ETF Name

Inception Date

TRSK

Janus Velocity Tail Risk Hedged Large Cap ETF

6/21/2013

SPXH

Janus Velocity Volatility Hedged Large Cap ETF

6/21/2013

The Funds will no longer accept Creation Unit orders effective today, but will continue to accept redemption orders from Authorized Participants until March 20. Trading in the Funds will be halted before the market opens on March 21, 2018. Proceeds from the liquidation are currently planned to be distributed on or about March 27, 2018, to shareholders of record as of March 26, 2018.

About Janus Henderson
Janus Henderson is a leading global active asset manager dedicated to helping investors achieve long-term financial goals through a broad range of investment solutions, including equities, quantitative equities, fixed-income, multi-asset and alternative asset class strategies.

Janus Henderson has approximately US$371 billion in assets under management (as at 31 December 2017), more than 2,000 employees and offices in 27 cities worldwide. Headquartered in London, the company is listed on the New York Stock Exchange (NYSE) and the Australian Securities Exchange (ASX).

Janus Henderson offers exchange-traded products to investors through its Janus ETFs and VelocityShares brands.

Media Contact:

Investor Relations Contact:

Taylor Smith, 303-336-5031

John Groneman, +44 (0) 20 7818 2106

[email protected] 

[email protected]

Janus Capital Management LLC is the investment adviser and ALPS Distributors, Inc. is the distributor. ALPS is not affiliated with Janus Henderson or any of its subsidiaries.
Janus Henderson is a trademark of Janus Henderson Investors. © Janus Henderson Investors. The name Janus Henderson Investors includes HGI Group Limited, Henderson Global Investors (Brand Management) Sarl and Janus International Holding LLC.
C-0318-15762 12-30-18 
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SOURCE Janus Henderson Group plc