This fund primarily allocates its capital to a range of other Janus Henderson mutual funds and exchange-traded funds (ETFs). These underlying holdings encompass diverse asset classes and investment styles, offering global exposure to various economic ties. A substantial portion, ranging from approximately 40% to 65% of its total net assets, is earmarked for investments outside the U.S. Through this diversified portfolio of underlying holdings, the fund typically achieves exposure to various asset categories, including equity securities, fixed-income instruments, money market instruments, and, as opportunities arise, alternative investments.