Henderson European Absolute Return

Quick Stats

Bid Price - Offer Price -
Mid Price USD 1.54 Day Change USD +0.00 (0.61%)
Price Date 20 Oct 2016 Crown Rating 5
Shares Class Inc. Yield 0.00 %
Total Expense Ratio 0.00 Fund Size 67,630,396.85
Launch Date 26/01/2009 Standard Initial Charge (%) 5.00
Currency USD ISA Eligible No
Annual Management Charge (%) 0.75 Sector IMA UK Equity Income
Min Investment (£) 5,000,000.00 Total Expense Ratio (%) 0.00
ISIN GB00BKRCQM27 Min TopUp (£) 15,000.00

Fund Objective

The fund aims to provide a long-term positive return, whether equity markets go up or down, by investing primarily in European (including the UK) company shares. Derivatives will be used to help the fund achieve its objective. 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.

Fund Managers

John Bennett
John Bennett has a 28-year track record of managing European equities. He joined Henderson as a Director of European Equities in April 2011, as part of the Gartmore acquisition. John manages a number of Continental and Pan European funds as well as European long/short funds. John joined Gartmore in 2010 from GAM where he spent 17 years as a fund manager. During this time he managed their flagship European long only and European equity long/short hedge fund, which was launched in June 1998. Prior to GAM, John was a fund manager at Ivory and Sime and has been a Member of the Chartered Institute of Bankers in Scotland since 1987.