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Investment Charges - Henderson Far East Income Limited

Management Fee

The management fee is calculated and paid quarterly in arrears at the rate of 0.25% of the total value of the Company’s total net assets under management on 31 March, 30 June, 30 September and 31 December.

Performance Fee

There is no performance fee on the management of the Company.

Ongoing Charges, excluding Performance Fee

Morningstar calculates all expenses for the financial year, consisting of management fees, performance fees, directors' fees, administration fees, custody fees, audit fees, marketing fees, loan interest, tax, restructuring costs and all other expenses given in the Statement of Total Return and notes in the Report and Financial Statements. They subtract performance fee, restructuring costs, transaction costs, compensation scheme expenses and trail commission then calculate the average daily net assets on a cum fair basis, then divide the total expenses by the average daily net assets and multiply the resulting figure by 100 to arrive at this ratio.

Please note, not all companies have yet adopted ‘ongoing charges’ as the methodology in their Annual Report and Financial Statements. This may mean there are differences between the charges shown on our factsheets and website and the TER shown in the Annual Report.

Other Investment Charges

Stamp Duty on Shares Purchases

Stamp duty is a government tax on the purchase of shares and as investment trusts are listed companies, it is payable when buying their shares.

Rate

The current rate is 0.5% of the value of the purchase (also known as the ‘consideration’), not including any transaction or dealing charges which may be payable.

Payment

When using a share dealing service, the stamp duty charge will be added to the cost of your purchase (along with any trading charges or other levies) to give a ‘total net payable’. The share dealing service will then account for the tax to HMRC.

Sales

Stamp Duty is not payable on the sale of shares although other taxes may apply, for example Capital Gains Tax (CGT). Paying of CGT is dependent on a number of factors including your personal tax circumstances, the length of time you have held the shares, and the amount of the gains/losses you have made in a given tax year.

Share Dealing Services

You can choose from a number of Share Dealing Services to buy and sell your investments.

Shares can usually be bought and sold by post, over the telephone or online. Online trading is significantly cheaper in comparison to other channels, although prices do vary from provider to provider. With most services you can choose to invest in one lump sum or provide set investments on a regular monthly basis. Henderson has a number of partners who provide services, or a full list can be found at www.apcims.co.uk

The value of your investments and the income from them can go down as well as up. You may not get back the full amount you have invested.

Issued in the UK by Henderson Global Investors. Henderson Global Investors is the name under which Henderson Global Investors Limited (reg. no. 906355), Henderson Fund Management Limited (reg. no. 2607112), Henderson Investment Funds Limited (reg. no. 2678531), Henderson Investment Management Limited (reg. no. 1795354), Henderson Alternative Investment Advisor Limited (reg. no. 962757), Henderson Equity Partners Limited (reg. no.2606646) and Gartmore Investment Limited (reg. no. 1508030), (each incorporated and registered in England and Wales with registered office 201 Bishopsgate, London EC2M 3AE) are authorised and regulated by the Financial Conduct Authority to provide investment products and services. Henderson Far East Income Limited is a Jersey fund, registered at Liberté, 19-23 La Motte Street, St Helier, Jersey JE2 4SY and is regulated by the Jersey Financial Services Commission. Telephone calls may be recorded and monitored.