|Bid Price||-||Offer Price||-|
|Mid Price||GBX 165.10||Day Change||GBX -0.80 (-0.48%)|
|Price Date||27 Jun 2017||Crown Rating|
|Shares Class||Inc.||Yield||0.10 %|
|Total Expense Ratio||1.76||Fund Size||84,210,556.17|
|Launch Date||26/01/2009||Standard Initial Charge (%)||5.00|
|Annual Management Charge (%)||1.50||Sector||IMA UK Equity Income|
|Min Investment (£)||1,000.00||Total Expense Ratio (%)||1.76|
|ISIN||GB00B3CPX151||Min TopUp (£)||100.00|
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.
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.