Quick Stats

Bid Price - Offer Price -
Mid Price USD 11.75 Day Change USD 0.01 (-0.91%)
Price Date 10 Jan 2018 Crown Rating
Shares Class Inc. Yield 2.90 %
Total Expense Ratio 0.00 Fund Size 508,321,830.78
Launch Date 16/11/2005 Standard Initial Charge (%) 0.00
Currency USD ISA Eligible No
Annual Management Charge (%) 0.90 Sector IMA UK Equity Income
Min Investment (£) 10,000,000.00 Total Expense Ratio (%) 0.00
ISIN GB00BKX58R45 Min TopUp (£) 1,500,000.00

Fund Objective

The Fund's aim is to generate investment returns by investing in a diversified portfolio of secured loans and sub participations in secured loans denominated in any currency. The Fund may invest in other transferable securities, senior secured floating rate notes, money market instruments, derivatives and forward transactions, deposits and units in collective investment schemes. The assets of the Fund will be generally denominated in Euros or Sterling.

Fund Managers

David Milward
David joined Henderson in 2001. He heads the portfolio management of Henderson’s loan portfolio, overseeing a team of six loan professionals. He also undertakes the analysis of new and existing loan investment opportunities. Previously David was an investment manager for Lloyds TSB Strategic Ventures and has worked in various corporate and institutional banking roles including acquisition finance within Lloyds TSB. David holds a BA (Hons) in Biochemistry from Oxford University and is an Associate of the Association of Corporate Treasurers and an Associate of the Chartered Institute of Bankers.