IPO - Janus Detroit Street Trust

Form Type: 485APOS

Filing Date: 2025-05-30

Corporate Action: Ipo

Type: New

Accession Number: 000139834425011017

Filing Summary: The filing is a registration statement under the Securities Act of 1933 for the Janus Henderson Global Artificial Intelligence ETF, which is a portfolio of the Janus Detroit Street Trust. The trust is headquartered at 151 Detroit Street, Denver, Colorado. The proposed effective date of the registration is August 18, 2025, which is indicated in the filing. The ETF aims to invest at least 80% of its net assets in securities of companies that are involved in artificial intelligence technologies. The filing outlines the investment strategy, highlighting two categories of investments: Enablers and Enhancers of AI technologies. It notes that the Fund is actively managed and does not seek to replicate a specific index, allowing for more flexibility in investment decisions. Numerous associated risks are described, such as market risk, foreign exposure risk, and risks related to small and mid-sized companies, indicating the nature and volatility of companies in the AI sector. Additionally, shareholders may incur taxation on distributions as ordinary income or capital gains.