Henderson UK & Irish Smaller Companies Fund

A Acc ISIN code: GB0032442252

Investment objective

The fund aims to provide long-term capital growth by investing in UK and Irish smaller company shares.

Overview

Advance notice of management team move

The eight-person Volantis team that manages the Henderson UK & Irish Smaller Companies Fund (“the fund”) plans to move, with the agreement of Henderson Global Investors, to Lombard Odier Investment Managers, another asset management company, in February 2017. The team will, however, continue to manage the fund.

Key points:

  • The Volantis team at Lombard Odier will continue to manage the fund under a sub-investment management agreement with Henderson.
  • The fund will remain part of the Henderson fund range and be administered and marketed by Henderson.
  • Other than the change in location of the investment management team, everything else related to the fund stays the same.

Full details are in the investor letter below:

The value of an investment and the income from it can fall as well as rise as a result of market and currency fluctuations and you may not get back the amount originally invested.

Potential investors must read the prospectus, and where relevant, the key investor information document before investing.

Classifications

Risk rating

ISIN code: GB0032442252A Acc Currency GBP NAV 5.5190 Change 0.4400% Price date 08/12/2016

Ratings and awards

Performance

Past performance is not a guide to future performance. All performance data includes both income and capital gains or losses but does not reflect any ongoing charges or other fund expenses.

Discrete performance

Share classSep 2015 - Sep 2016Sep 2014 - Sep 2015Sep 2013 - Sep 2014Sep 2012 - Sep 2013Sep 2011 - Sep 2012
A Acc-0.74%3.77%7.47%31.73%14.78%
© Morningstar 2016. All rights reserved. NAV-NAV, net income reinvested.Source: Morningstar, based on market prices at close on the date shown. We are not responsible for the accuracy or completeness of the information supplied by Morningstar. We take care to ensure that the information provided by Morningstar is correct but we neither warrant, represent nor guarantee the contents of the information, nor do we accept any responsibility for errors, inaccuracies, omissions or any inconsistencies therein. Prices may be subject to change, errors and omissions excepted. Annual return to 30/09/2016

Cumulative performance

Share class1 Year2 Years3 Years4 Years5 Years
A Acc2.33%5.31%7.30%41.18%71.22%
© Morningstar 2016. All rights reserved. NAV-NAV, net income reinvested.Source: Morningstar, based on market prices at close on the date shown. We are not responsible for the accuracy or completeness of the information supplied by Morningstar. We take care to ensure that the information provided by Morningstar is correct but we neither warrant, represent nor guarantee the contents of the information, nor do we accept any responsibility for errors, inaccuracies, omissions or any inconsistencies therein. Prices may be subject to change, errors and omissions excepted. Data as at 07/12/2016
Top 10 holdings
Geographic breakdown
Sector breakdown
Dividends
Key data
Asset class Equities
Structure OEIC
Launch date 01/12/1994
Base currency GBP
Sector IA UK Smaller Companies
Benchmark NUMIS + AIM (excl Investment Companies and companies with a market cap < £1bn
Year end 31-May
Valuation point 12:00
Pricing basis Single Priced
Fund status Open for new investment

A Acc

Distribution type Accumulation Net
ISIN code GB0032442252
Valoren Code 1554131
Initial charge 5.00%
Annual charges 1.50%
Ongoing charge 1.71% (Data as at 31/5/2016)
Dividend pay dates 31-Jul, 30-Jan
XD dates 01-Jun, 01-Dec
Currency GBP
Performance FeeCertain classes within a fund may be able to charge a performance related management fee, which becomes payable when that class outperforms its performance fee benchmark and previous high watermark (where applicable).An indication of the historic performance fee payable can be found in the relevant KIID.N/A

Manager(s)

General risks
  • ​The value of the Funds and the income from them is not guaranteed and may fall as well as rise. You may get back less than you originally invested.
  • ​Past performance is not a guide to future performance.
  • ​You should note that your tax treatment in relation to any investments held outside an ISA will depend on your individual circumstances and may be subject to change in the future. Governments may change the tax rules which affect you or the Funds in which you have invested.
  • ​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.
  • Third party data is believed to be reliable, but its completeness and accuracy is not guaranteed.
Specific risks
  • This fund is designed to be used only as one component in several in a diversified investment portfolio. Investors should consider carefully the proportion of their portfolio invested into this fund.
  • Where the Funds invest in assets (including cash) which are denominated in currencies other than the base currency then currency exchange rate movements may cause the value of investments to fall as well as rise.
  • Funds investing in smaller companies may carry a higher degree of risk than funds investing in larger companies. The shares of smaller companies may be less liquid and their performance more volatile over shorter time periods.
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.

Before you invest

Announcements