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Henderson Global Equity Income Fund

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April 2012 -

Please be aware that the Henderson Higher Income Fund will change its name to the Henderson Global Equity Income Fund on 8 May 2012. This follows shareholder approval of changes to the fund, granted at an EGM that was held on 24 April 2012.

Fund managers

Ben Lofthouse

Ben is a member of the Henderson Global Equity Income Team, which manages over £3bn under various equity income mandates. Ben has managed the team’s Global Equity Income OIEC with Andrew Jones since May 2012, and has managed the Henderson International Income Trust plc since its launch in April 2011. In addition to fund management duties, Ben covers the Support Services and Food & Beverages sectors for Henderson’s Equity Department. Ben is also deputy fund manager on Lowland Investment Company. He joined Henderson Global Investors in 2004 as an Investment Analyst and Assistant Fund Manager having previously trained as a Chartered Accountant with PricewaterhouseCoopers in their Banking and Capital Markets division. He also worked in the PricewaterhouseCoopers Business Recovery Services team. Ben graduated from Exeter University with a BA (Hons) in Business Economics. He is also a CFA Charterholder.

Fund manager ratings

31 March 2013

Andrew Jones

Andrew is the fund manager of the Henderson Global Care UK Income Fund and the joint manager of the Henderson Global Equity Income OEIC, the Henderson Institutional Mainstream UK Equity Trust and the Henderson Institutional High Alpha UK Equity Fund. Andrew joined Henderson in 2005 from Invesco Asset Management where he spent 10 years as a UK Equities fund manager. Andrew graduated from Queens’ College, Cambridge with a BA (Hons) in Economics and holds the Securities Institute Diploma.

Fund manager ratings

31 March 2013

Investment objective

To achieve an income in excess of that of the MSCI World Index with the potential for long-term capital growth.

Fund performance

Cumulative performance

Share class	1 Year	2 Year	3 Years	4 Years	5 Years
A Acc	35.04%	-	-	-	-
A Inc	35.07%	-	-	-	-

Discrete performance

Share class	Mar 2012 - Mar 2013	Mar 2011 - Mar 2012	Mar 2010 - Mar 2011	Mar 2009 - Mar 2010	Mar 2008 - Mar 2009
A Acc	21.9%	-	-	-	-
A Inc	21.8%	-	-	-	-

Fund facts

Key facts

Asset class	Equities
Structure	OEIC
Launch date	1 February 2002
Base Currency	GBP
Sector	IMA Global Equity Income
Benchmark	MSCI World Index
Year End	31-Aug
Valuation point	12:00
Pricing basis	Single Priced

Share classes

Henderson Global Equity Income Fund A Acc
Distribution type	Accumulation Net
ISIN code	GB00B3VZC642
Initial charge	5.25%
Annual charges	1.50%
Minimum lump sum investment	£1000
Additional lump sum investment	£100
Minimum regular saving	£100
XD dates	01-Sep, 01-Dec, 01-Mar, 01-Jun
Ongoing charge	1.79% (as at 31 August 2012)

Henderson Global Equity Income Fund A Inc
Distribution type	Income Net
ISIN code	GB0031250524
Initial charge	5.25%
Annual charges	1.50%
Minimum lump sum investment	£1000
Additional lump sum investment	£100
Dividend pay dates	31-Oct, 31-Jan, 30-Apr, 31-Jul
XD dates	01-Sep, 01-Dec, 01-Mar, 01-Jun
Ongoing charge	1.79% (as at 31 August 2012)

Fund risks

What are the risks specific to this fund?

If a Fund’s management charge is taken from its capital, then this may allow more income to be paid, however, it may also restrict capital growth or even result in capital erosion over time.
If a fund is a specialist country-specific or geographical region fund, the investment carries greater risk than a fund diversified across more countries.

General information

Funds incur costs as a necessary part of buying and selling the underlying investments, these are otherwise known as portfolio transaction costs, and include charges such as broker commission and Stamp Duty Reserve tax (SDRT). View the portfolio transaction costs across the Henderson UK Fund range.

If there are any terms on this page you do not understand please refer to the glossary.

The IMA is the Investment Management Association who divide up the authorised funds universe into groups of funds, or IMA sectors, to permit like-for-like comparisons to be made.

Unless otherwise indicated all figures sourced from Morningstar, Financial Express, Datastream, BNP Paribas and Henderson Global Investors. Third party data is believed to be reliable, but its completeness and accuracy is not guaranteed.

Where stated, fund size at 12pm on last business day of the month.

If you invest through a third party provider you are advised to consult them directly as charges, performance and terms and conditions may differ materially.

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Understanding investment risk

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. Past performance is not a guide to future performance. For details on the risks associated with this investment product, please see the factsheet available above.