Henderson Multi-Manager Absolute Re
|Bid Price||-||Offer Price||-|
|Mid Price||USD 11.07||Day Change||USD +0.00 (0.39%)|
|Price Date||21 Oct 2016||Crown Rating|
|Shares Class||Inc.||Yield||0.20 %|
|Total Expense Ratio||0.00||Fund Size||152,089,451.88|
|Launch Date||01/09/2004||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||1.30||Sector||IMA UK Equity Income|
|Min Investment (£)||10,000,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00B7MM5299||Min TopUp (£)||1,000,000.00|
The fund aims to provide a positive return over the long term, whether markets go up or down, by investing in a range of collective investment schemes. These other schemes can invest in any country. The fund aims to typically deliver absolute (more than zero) returns in each year, although an absolute return performance is not guaranteed. Over the short term it may experience periods of negative returns so the fund may not achieve this objective.
Henderson Multi-Asset Team
The Henderson Multi-Asset Team is a dozen strong and its members have, on average, 15 years' investment industry experience. The team manages portfolios that invest across a broad array of asset classes, ordinarily through investment in other funds but also via direct securities and derivative instruments where appropriate. Its members support a range of skills, from strategic and economic assessment, through quantitative analysis and asset allocation, to individual fund and security selection. Whilst individuals have certain specialist roles, they are each tasked with ensuring that the team's views are properly embedded in the funds.