Henderson Global Investors launches International Long/Short Equity Fund

The Henderson International Long/Short Equity Fund is the only existing international long/short stock-picking fund within its Morningstar category(1)

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Henderson Global Investors

Dec 09, 2014, 11:31 ET

CHICAGO, Dec. 9, 2014 /PRNewswire/ -- Henderson Global Investors (North America) Inc. proudly announces the launch of the Henderson International Long/Short Equity Fund (Tickers: HLNAX, HLNCX, HLNIX). The Fund seeks to achieve long-term capital appreciation primarily through investment in equities of non-US companies and will be fully hedged back to the US dollar.

"The Fund's value-add stems from our 'best ideas' approach to stock selection combined with an unconstrained strategy to invest in all types of equity-related securities," said Chuck Thompson, Head of North American Distribution at Henderson Global Investors. "This Fund continues Henderson's tradition of offering US investors differentiated products as it is the first of its kind – the only existing, international long/short 'stock picking' fund within its Morningstar category¹."

The Fund includes four regional sub-portfolios with a fundamental, bottom-up approach to stock selection and will generally consist of a total of 60-70 positions. The sub-portfolios include Europe, UK, Japan and Asia and are managed by Stephen Peak, Neil Hermon, Vincent Musumeci and Andrew Gillan/Andrew Mattock, respectively.

Our seasoned team includes Stephen Peak, Director of International Equities, and Steve Johnstone, Portfolio Manager who are co-lead portfolio managers of the Fund. In addition to overall management of the Fund, Stephen Peak will be responsible for managing the Europe sub-portfolio while Steve Johnstone will be responsible for the top-down overlay and quantitative risk management of the Fund's overall portfolio. Fund assets are allocated to sub-portfolio managers who have significant experience with respect to long/short and/or to a geographic region or sector. The Fund has the ability to invest in derivatives for optimal net exposure and risk management.

For more information about Henderson Global Investors, please contact James Doyle at 973-850-7308 or [email protected].

About Henderson

Henderson Global Investors, wholly-owned by Henderson Group plc, is an independent global asset manager, specializing in active investment. Named after its first client and founded in 1934, Henderson is a client-focused global business with over 800 employees worldwide and assets under management of $127.7 billion (as of June 30, 2014). Its core areas of investment expertise are European equities, global equities, global fixed income, multi-asset and alternatives.

Henderson is dual-listed on the London Stock Exchange (LSE) and the Australian Securities Exchange (ASX) and has a market capitalization of approximately £2.8 billion (May 2014).

Henderson's North American business continues to grow rapidly, doubling its AUM since 2011. Its Henderson Global Funds mutual funds family reached $10 billion in AUM for the first time in May 2014.

Further information can be found at www.henderson.com.

Media inquiries

Jaime Doyle, JCPR

973.850.7308 / [email protected]

This press release is solely for the use of members of the media and should not be relied upon by personal investors, financial advisers or institutional investors.

¹There is another international fund in the category however it uses a passive hedged equity strategy.

Henderson Global Investors is the name under which various subsidiaries of Henderson Group plc, a UK limited Company, provide investment products and services.

International and emerging markets investing involves certain risks and increased volatility not associated with investing solely in the US. These risks included currency fluctuations, economic or financial instability, lack of timely or reliable financial information or unfavorable political or legal developments. The Funds may invest in securities issued by smaller companies which typically involves greater risk than investing in larger companies. The Funds are non-diversified and therefore the change in value of a single holding may have a more pronounced effect on the Fund's performance. Also, the Funds may invest in limited geographic areas and/or sectors which may result in greater market volatility. In addition the Funds may invest in derivatives. Derivatives involve special risks different from, and potentially greater than, the risks associated with investing directly in securities and may result in greater losses. The Funds may be subject to frequent trading which may result in a turnover rate of 100% or more. Asset allocation strategies do not assure profit nor protect against loss.

The International Long/Short Equity Fund may invest in illiquid securities and is subject to short sale risk, issuer risk and leverage risk. The Fund may experience significant losses in a market where the value of both the Fund's long and short positions are declining. When taking a short position, the Fund's potential loss is limited only by the maximum attainable price of the security, less the price at which the Fund's position in the security was established. The Fund is also subject to the risk that the third party to the short sale may fail to honor its contract terms, causing a loss to the Fund. An issuer in which the Fund invests may perform poorly, and the value of its securities may therefore decline, which would negatively affect the Fund's performance. The Fund may borrow money which may adversely affect the return to shareholders, also known as leverage risk.

One should consider the investment objectives, risks, fees and expenses of any mutual fund carefully before investing. This and other important information is available in the Fund's prospectus and summary prospectus which are available at www.henderson.com or by calling 1.866.443.6337. Please read the prospectus or summary prospectus carefully before investing.

Foreside Fund Services, LLC, distributor (12/14) HGF-48493-14

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SOURCE Henderson Global Investors