|Bid Price||-||Offer Price||-|
|Mid Price||GBX 165.30||Day Change||GBX -0.10 (-0.06%)|
|Price Date||16 Oct 2017||Crown Rating|
|Shares Class||Inc.||Yield||0.10 %|
|Total Expense Ratio||1.08||Fund Size||2,462,790,100.00|
|Launch Date||14/04/2009||Standard Initial Charge (%)||5.00|
|Annual Management Charge (%)||1.00||Sector||IMA UK Equity Income|
|Min Investment (£)||500,000.00||Total Expense Ratio (%)||1.08|
|ISIN||GB00B5KKCX12||Min TopUp (£)||10,000.00|
The Fund aims to achieve a positive absolute return over the long-term regardless of market conditions. The Fund aims to typically deliver absolute (more than zero) returns over a rolling 12 month period. An absolute return performance is not guaranteed over this specific, or any other, time period and consequently capital is in fact at risk. The Fund will typically invest at least 60% of its total assets, by taking long and short positions in equities or equity related derivative contracts of: companies having their registered office in the UK; and companies that do not have their registered office in the UK but either (i) carry out a predominant proportion of their business activity in these markets, or (ii) are holding companies which predominantly own companies with registered offices in the UK, or (iii) are a constituent of the FTSE All Share Index.
Luke Newman joined Henderson as a fund manager in 2011 as part of the Gartmore acquisition. Prior to that, Luke worked at Gartmore from June 2009 as co-manager with Ben Wallace on a number of funds. Previously, Luke was a UK Fund Manager at Deutsche Asset Management running high performance retail and institutional mandates before moving to Foreign & Colonial in 2005. Luke graduated from the University of Warwick with a BSc (Hons) in Economics & Politics.
Ben Wallace joined Henderson as a fund manager in 2011 as part of the Gartmore acquisition. Prior to that, Ben worked with Luke Newman as a Senior Investment Manager at Gartmore. Before joining Gartmore in 2002, Ben worked at Deutsche Asset Management, where he managed UK equity funds from 1997-2002. Ben graduated from the University of Edinburgh with a BCom (Hons). He is also a member of the UK Society of Investment Professionals.