Henderson Global Investors Launches Two New Funds.CHICAGO -- Henderson Global Investors, the global asset management company, has announced the launch of two new mutual funds: the Henderson Global Equity Income and Henderson Global Opportunities Funds. The Global Equity Income Fund invests in global dividend-paying equity securities to seek both income and capital growth for the portfolio. The Global Opportunities Fund employs an investment process similar to Henderson's flagship International Opportunities Fund, utilizing a multi-manager portfolio that focuses on bottom-up investing Bottom-Up Investing An investment approach that de-emphasizes the significance of economic and market cycles. This approach focuses on the analysis of individual stocks. In bottom-up investing, therefore, the investor focuses his or her attention on a specific company rather than irrespective of irrespective of prep. Without consideration of; regardless of. irrespective of preposition despite stock capitalization or style. Sean Dranfield, Director of Retail Distribution, says, "Given the fact that the population is aging, investors are looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. new ways to access income streams, especially in this low interest rate environment. We believe the Global Equity Income Fund will help meet this need with a product that uses innovative strategies to access global income. In addition, the new Global Opportunities Fund fills a core space in our product lineup A criminal investigation technique in which the police arrange a number of individuals in a row before a witness to a crime and ask the witness to identify which, if any, of the individuals committed the crime. while utilizing a similar approach to our multi-manager, bottom-up International Opportunities Fund. Both products continue Henderson's history of providing differentiated, globally-focused products to US investors." These two funds join the six other existing Henderson Global Funds. The Henderson International Opportunities, European Focus and Global Technology Funds just celebrated their five-year anniversary in August, when each earned an Overall rating of four stars from Morningstar based on the weighted average of the Funds' risk-adjusted performance figure associated with their 3- and 5-year Morningstar Rating metrics metrics Managed care A popular term for standards by which the quality of a product, service, or outcome of a particular form of Pt management is evaluated. See TQM. . For the period ended October 31, 2006 the Funds' Overall Morningstar rating remained at 4 stars each.1 In March 2006, the results for these three funds earned Henderson a Lipper Fund Award for three-year overall performance by a small fund group.2 The Henderson Worldwide Income Fund (formerly known as the Income Advantage Fund) was launched on September 30, 2003; the US Focus Fund (formerly known as the U.S. Core Growth Fund) on April 30, 2004; and the Japan-Asia Focus Fund on January 31, 2006. As Henderson's fund offerings have grown, the firm has retained a focus on bringing its global investment expertise to U.S. investors. Total assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. in the six existing Henderson funds totalled approximately $2.7 billion as of October 31, 2006. Before investing you should carefully consider the Funds' investment objectives, risks, charges and expenses. This and other information is in the prospectus, a copy of which may be obtained for free by calling 1.866.443.6337 or visiting the Funds' website at www.hendersonglobalinvestors.com. Please read the prospectus carefully before you invest. 1 Overall Morningstar[R] Rating[TM] as of 10/31/06. For each fund with at least a three-year history Morningstar calculates a Morningstar Rating(TM) based on a Morningstar Risk-Adjusted Return Risk-Adjusted Return A measure of how much risk a fund or portfolio takes on to earn its returns, usually expressed as a number or a rating. Notes: This is often represented by the Sharpe Ratio. The more return per unit of risk, the better. measure that accounts for variation in a fund's monthly performance (including the effects of sales charges Sales Charge A commission or fee paid by an investor at the time of purchasing mutual fund shares. The charge is paid to a mutual fund salesperson or financial advisor and is intended to provide compensation for the financial salesperson's efforts in assisting their client select , loads, and redemption fees Redemption fee A fee some mutual funds charge when an investor sells shares within a specified short period of time. ), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) For the period ended October 31, 2006, the Henderson International Opportunities Fund, Global Technology Fund and European Focus Fund were rated against 618 and 564, 325 and 315, and 133 and 127 in the Foreign Large Blend, Specialty Technology, and Europe Stock Fund categories for the 3- and 5- year periods, respectively. For the 3- and 5-year periods, the International Opportunities Fund ranked 2 and 5 stars, the Global Technology Fund ranked 4 and 4 stars, and the European Focus Fund ranked 4 and 4 stars, respectively. Ratings are for Class A only; other share classes may vary. [c] 2006 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. 2 Among other things, the Lipper Fund Awards recognized funds and fund families that achieved a strong trend of consistent risk-adjusted performance, relative to peers, for the three-year period ending 12/31/2005. Funds must have had at least 36 months of performance history by year-end 2005 to have qualified. The winner was determined by the lowest average top-decile rank of the three years' Consistent Return measure of the eligible funds per asset class and group. Consistent Return is a quantitative metric that incorporates two characteristics: risk-adjusted return, and the strength of the fund's performance trend. About Henderson Global Investors Henderson Global Investors is an investment management company providing a wide range of investment products and services to institutions and individuals in Asia, Europe and North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . Henderson manages over $116.6 billion3 (as of June 30, 2006) in assets and employs approximately 900 people worldwide. Henderson Global Investors (North America) Inc., a subsidiary of Henderson Group Henderson Group plc (LSE: HGI, ASX: HGI) is a British asset management company based in the City of London. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. It is also listed on the Australian Stock Exchange. plc, was established in 1999 when Henderson acquired Phoenix Realty realty n. a short form of "real estate." (See: real estate) REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property. Advisors. Today, it has both retail and institutional distribution capabilities for property and listed equities. The first Henderson Global Funds - European Focus, Global Technology and International Opportunities - were launched on August 31, 2001 with the goal of providing investors with exposure to global markets. 3 The $116.6 billion references Henderson's assets under management as of 6/30/06 which are comprised of discretionary, non-discretionary and other assets other assets Assets of relatively small value. For financial reporting purposes, firms frequently combine small assets into a single category rather than listing each item separately. . "Henderson Global Investors" and "Henderson" are the names under which various subsidiaries of Henderson Group plc, a UK limited company, provide investment products and services. International investing involves certain risks and increased volatility not associated with investing solely in the U.S. These include currency fluctuations, economic or financial instability, lack of timely or reliable financial information or unfavourable political or legal developments. In addition, the Funds may invest in a limited geographic area or in a small number of issuers. As such, investing in the Funds may involve greater risk and volatility than investing in a more diversified fund Diversified Fund A type of investment fund that contains a wide array of securities and is adequately diversified. A mutual fund classified as a "diversified fund" will actively maintain a high level of diversification in its holdings, thus reducing the amount of risk in the fund, . Technology companies may react similarly to certain market pressures and events. This may be significantly affected by short product cycles, aggressive pricing of products and services, competition from new market entrants, and obsolescence ob·so·les·cent adj. 1. Being in the process of passing out of use or usefulness; becoming obsolete. 2. Biology Gradually disappearing; imperfectly or only slightly developed. of existing technology. As a result, the Global Technology Fund's returns may be considerably more volatile than a fund that does not invest in technology companies. High yield, lower rated bonds involve a greater degree of risk than investment grade bonds in return for higher yield potential. As such, securities rated below investment grade generally entail greater credit, market, issuer and liquidity risk than investment grade securities. Furthermore, the Worldwide Income Fund is subject to interest rate risk, which is the risk that the debt securities in the Fund's portfolio will decline in value because of increases in market interest rates. Foreside fore·side n. The front or upper side or part. Fund Services, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , Distributor (11/06) HGF HGF, n See glucagon. 164-06 |
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