We believe that now is the time for investors to rediscover a sector that opens up the future with a compelling risk-reward profile. Emerging internet technologies, increased computing power and broadening digital connectivity challenge conventional business models. Advances in technologies are reducing costs, increasing scalability and flexibility and are creating new ways for individuals and businesses to consume goods and services. This is already being reflected in the strong profitability of many technology companies such as Apple and Oracle and is creating ample opportunities for investors who can pick the winners of tomorrow.

The Fund primarily invests in equity securities and equity instruments of technology related companies globally.

Investments in the Fund are exposed to technology sector-specific risks and varying degree of risks to economic, political, regulatory and
      social development changes globally.

The Fund may invest substantial sum of its assets in companies located in a single country (including emerging markets) and may 
      involve a higher concentration of risk and market volatility, including liquidity risks for investments in emerging markets, than funds 
      investing in developed markets and following a more diversified policy.

Investments in the Fund involve varying degrees of investment risks (eg. market, legal, financial, interest rate, currency, etc). The value of 
      an investment and the income from it can fall as well as rise and you may not get back the amount originally invested

Note: Please read the Prospectus of the Fund for more details of the investment risks and seek independent professional advice where appropriate.

• Henderson has a substantial fund offering in European equities further strengthened by the acquisition of Gartmore. The enlarged team manages almost €12 billion of assets in European equities for investors (at 30 April 2011).*
  
• Investors can benefit from a comprehensive and diverse European equity choice spanning the entire market cap universe from micro to giant stocks, dividend income and specialist funds such as absolute return and property equity funds.
  
• The combined investment experience of our European equity managers totals a staggering 352 years, with an individual average of more than 18 years. Our seasoned team of investment professionals have seen – and weathered – many market crises. Under the Henderson umbrella they are more than ever equipped for future challenges and opportunities.

*Source: Henderson Global Investors

Despite the seemingly gloomy macroeconomic outlook, there are many reasons why Europe makes a rewarding place to invest – none more so than the scale and variety of investment opportunities the region has to offer.

• Investing in Europe offers access to global markets:
  
  European companies are among the primary beneficiaries of growing wealth in emerging markets, as European luxury goods and engineering products respectively kit out an expanding global middle class and infrastructure projects. The advantage: they enable an investor to play themes across the world, from commodities to emerging market growth, but with the strong corporate governance that comes from a developed market listing.

• Valuations are cheap:
  
  European equities are trading below their long-term historical average in terms of price to earnings multiples. European equities also appear attractive relative to other asset classes, offering investors a higher income than the corresponding government debt.

• The potential for increased merger and acquisition activity:
  
  European businesses have plenty of cash on their balance sheets which they are likely to try and deploy in more productive ways, particularly when the current low interest rate environment means companies can borrow more cheaply to finance acquisitions.

Henderson Horizon Pan European Equity Fund

"Quality, consistent, reliable growth companies"

The Henderson Pan European Equity Fund aims to find companies with good long-term growth potential in both Continental Europe as well as the UK. The fund is jointly managed by the experienced fund managers Tim Stevenson and Bill Stormont.

Henderson Gartmore Continental European Fund &
Henderson Gartmore Pan European Fund

"Contrarian stock and sector selection"

The Henderson Gartmore Continental European Fund (excl UK) and Gartmore SICAV Pan European Fund (incl UK) are well-diversified funds investing in predominantly large companies run by experienced fund manager John Bennett.

Henderson Horizon European Growth Fund

"Growth at a reasonable price"

The Henderson Horizon European Growth Fund seeks capital growth from investing in equities in Europe excluding the UK. The fund is jointly managed by Richard Pease and Simon Rowe, who utilise a bottom-up, stock-picking approach with the aim to identify attractive investments predominantly from among larger and medium-sized companies.

Henderson Horizon Pan European Smaller Companies Fund

"Contrarian stock pricing in under-researched universe"

The Henderson Horizon Pan European Smaller Companies Fund is managed by Ollie Beckett and utilises a bottom-up stock selection process with the aim to identify opportunities among smaller companies in Continental Europe and the UK.