Most Frequently Asked
Have a look at some of the frequently asked questions below.
Is it policy at Hendersons that you/your team also hold shares directly in City of London?
Answered by Job Curtis on 1 June 2007
Henderson does not have a formal policy that the Fund Managers of our investment trusts and investment companies must hold shares in the companies they manage but it is encouraged.
>> Read the Full Answer
Why is there no benchmark and why target 8% p.a.?
Answered by Patrick Sumner on 19 September 2006
The investment objective of the Company is to provide Shareholders with a total return regardless of market conditions.
>> Read the Full Answer
Why would property shares behave differently to normal shares?
Answered by Patrick Sumner on 18 September 2006
In the short run the pricing of property equities is affected by the inherent volatility of equity markets,
>> Read the Full Answer
Recently Asked Questions
Have a look at some of the recently asked questions below.
Since the beginning of 2007 when Henderson Strata became Opportunities, the performance has been very poor in 2007 in comparison to the Lowland Investment Company, why is this? Also, whereas most IT's share price seem to move with daily activity, HOT sits static for periods and then moves; usually down at the moment.
Answered by James Henderson on 5 November 2007
The Henderson Opportunities Fund it is very different to the Lowland Investment Company in both its objectives, style and portfolio construction. The Henderson Opportunities Fund has a large weighting in small companies and AIM stocks, and is more "special situation" in nature. The Lowland Investment Company is designed to find companies with a dividend growth story and therefore has a higher proportion of its assets in larger cap companies. The two are therefore not comparable.
>> Read the Full Answer
Why has there been a sharp fall in Net Asset Value from 115p to 105p during June 2007?
Answered by Patrick Sumner on 2 July 2007
The NAV of the Henderson Global Property Companies Limited fell from 115.5 on 31/05 to 107.2 on the 29/06 – a decline of 7.2%. This was consistent with the market of global property equities as a whole which suffered sharp declines in June as a result of concerns about higher interest rates going forward and capital rotation out of the sector by generalist investors.
>> Read the Full Answer
The Chairmans Statement in the report received for period to 28 Feb 2007 states ' in the six months since 31 August 2006 your company has produced a net asset value total return of 18%'
In this report, the net asset value is shown to be 241.61p, against a value of 219.57 shown in the report for the year to 31st August 2006. How is the figure of 18% arrived at?
Answered by Michael Kerley on 1 July 2007
The figures referred to (219.57p and 241.61p) are capital only NAVs and not total return.
>> Read the Full Answer