Henderson UK Absolute Return Fund I Acc


Buy/Sell Price  (as of 17/10/2017) £1.652   Day Change :  -0.06%     Fund Code:  HDUAB 

Important documents Before investing please ensure that you have read the Fidelity Key Features Document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found by clicking on the 'Important documents' link.

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Biography

Ben Wallace is a Fund Manager of UK equities at Janus Henderson Investors, a position he has held since joining Henderson as a in 2011 as part of the Gartmore acquisition. Prior to that, Ben he was a senior investment manager at Gartmore. Before joining Gartmore in 2002, he worked at Deutsche Asset Management, where he managed UK equity funds from 1997 to 2002. Ben graduated with a B Com (Hons) from the University of Edinburgh. He is also a member of the UK Society of Investment Professionals and has 20 years of financial industry experience.

Biography

Luke Newman is a Fund Manager of UK equities at Janus Henderson Investors, a position he has held since he joined Henderson in 2011 as part of the Gartmore acquisition. From 2009 to 2011, he worked at Gartmore as co-manager on a number of funds. Previous to this, he was a UK fund manager at Deutsche Asset Management running high performance retail and institutional mandates before moving to F&C asset management in 2005. Luke graduated from the University of Warwick with a BSc (Hons) in economics and politics and has 17 years of financial industry experience.
Investment HouseHenderson
Fund ProviderJanus Henderson Investors
ManagerBenjamin B. Wallace   Biography
ManagerLuke Newman   Biography

Fund Objective The fund aims to provide a positive return over the long term whether markets go up or down by investing in UK company shares. Derivatives will be used to help the fund achieve its objective. The fund aims to typically deliver absolute, more than zero, returns in each year, although an absolute return performance is not guaranteed. Over the short term it may experience periods of negative returns so the fund may not achieve this objective.

Key Statistics

Fund Status
Fund TypeOEIC
ISINGB00B5KKCX12
12-Month NAV High £1.66
12-Month NAV Low £1.59
Fund Comparative Index -
Morningstar CategoryTMAlt - Long/Short Equity - UK
Dividend FrequencyTwice Yearly
Historic Yield0.10%

Annual Charges

Morningstar ratings

OverallN/A
3 YearsN/A
5 YearsN/A
10 YearsN/A

One or more funds cannot be shown as they have less than one year of performance data.

Growth of £1000 Help

 as of  17/10/2017

Past Performance (%) Help

as of 

This Fund

     
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Fund versus Morningstar Category

     
3.211.1313.68--
Important Information

The value of the fund and the income from it can go down as well as up so you may get back less than you invested. If your fund invests in overseas markets, changes in currency exchange rates may affect the value of your investment. If your fund invests in small and emerging markets, these can be more volatile than other more developed markets. Past performance is not a guide to future returns.
For funds that invest in bonds, please be aware that the price of bonds is influenced by movements in interest rates, changes in the credit rating of bond issuers, and other factors such as inflation and market dynamics. In general, as interest rates rise the price of a bond will fall. The risk of default is based on the issuer's ability to make interest payments and to repay the loan at maturity. Default risk may therefore vary between different government issuers as well as between different corporate issuers.

 Some of the performance and risk data presented may start before the share class was launched. If so, the data prior to the launch date of the share class is based on the fund or share class that has similar or higher charges, in order to provide an indication of longer term performance and risk. Please refer to the launch date and performance start date in the fund factsheet to determine whether the data has been extended.Past Performance and Risk & Volatility figures are presented in British Pounds Sterling (GBP). Fund returns are calculated on a Nav to Nav or Bid to Bid basis with income reinvested either after tax (for UK-domiciled funds) or gross of tax (for offshore funds). Performance figures include the effect of the OCF/TER. To cover distribution costs a separate service fee is now also charged on most funds, which is not included in the past performance figures. Consequently the past performance of the fund may be less than that shown on the chart due to the effect of the service fee.

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