CHICAGO, Dec. 20, 2013 /PRNewswire/ -- Henderson Global Investors (Henderson) has launched the Henderson Unconstrained Bond Fund (HUNAX, HUNCX, HUNIX), a mutual fund that provides investors with a dynamic approach to fixed income investing. After successfully managing portfolios utilizing this investment style in the United Kingdom and Europe since 2006, Henderson's experienced team is proud offer this investment capability to its US client base. The Fund's benchmark-agnostic style follows an unconstrained approach allowing it to flexibly invest across global fixed income sectors.
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"Rather than just trying to outperform a benchmark, managing this fund allows you to wake up each morning and ask what are the best bond investments in the world and how can we build a robust portfolio for our clients," said Phil Apel, Head of Fixed Income and co-lead Portfolio Manager of the Henderson Unconstrained Bond Fund.
The Fund's active management and wide portfolio duration range allows it to act nimbly during various interest rate environments in an effort to protect investors. The Fund follows a comprehensive investment process that includes top-down asset allocation supported by the Investment Strategy Group – a team of nine senior fixed income specialists managing a combined $29.6 billion in assets1. The team leverages a total of 58 fixed income experts in a bottom-up, 'best ideas' approach to security selection.
"Ever-changing market conditions require a more active approach to bond investing and a strong commitment to mitigating risk," said Chuck Thompson, Director of US Retail, "The Unconstrained Bond Fund will navigate across fixed income markets with the ability to take views on interest rates, credit and loans while seeking to protect client capital."
Advisors and investors can access more information about the Fund through the Henderson Global Funds interactive iPad app, which offers a deeper understanding of Henderson's global products and investment expertise. The free app is part of Henderson's broader strategy to connect with advisors and investors via YouTube, Twitter and Facebook, as well as the Henderson website.
About Henderson Global Investors
Henderson Global Investors (North America) Inc. ("Henderson") is the US subsidiary of Henderson Group, the holding company of the investment management group Henderson Global Investors, a London-based global investment management firm established in 1934. With $114 billion in assets under management as of September 30, 2013, offices in 16 countries and around 1000 employees worldwide, Henderson Global Investors follows a client-led philosophy while providing its institutional, retail and high net worth clients with access to skilled investment professionals representing a broad range of asset classes.
Since 2001, Henderson has been offering US investors the opportunity to "own a piece of the world" through its family of globally focused mutual funds. Henderson follows a differentiated, opportunistic investment philosophy combining local knowledge with worldwide reach. For more information, visit www.hendersonglobalinvestors.com.
Press inquiries
James Doyle, Jennifer Connelly Public Relations
973.850.7308 / [email protected]
Richard Acworth, Henderson Press Office
Office: +44 2078 183 010 / [email protected]
1Assets as of 9/30/13
International 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 Unconstrained Bond Fund may invest in illiquid securities and is subject to investment company risk, interest rate risk, credit/default risk, mortgage- and asset-backed securities risk and high yield securities risk. Investments in high yield securities may offer more attractive returns than higher-rated securities but also increases potential risk that a particular security may default. The Fund's share price and yield will be affected by interest rate movements. During periods of rising interest rates, the value of a bond investment is at greater risk than during periods of stable or falling rates. The Fund may be subject to frequent trading which may result in a turnover rate of 100% or more. Credit risk refers to the bond issuers' ability to make timely payments of principal and interest. The Fund may employ leverage and use bank borrowings to increase the amount of money the Fund can invest. The use of leverage may result in increased volatility of returns as it presents the opportunity for increased net income and capital gains, but also exaggerates the Fund's risk of loss. Unsecured bank loans may not provide the Fund with payment of principal, interest, and other amounts due. Loans or securities that are part of highly leveraged transactions involve a greater risk (including default and bankruptcy) than other investments. The impact of prepayments on the value of asset-backed securities may be difficult to predict. Rising or high interest rates tend to extend the duration of asset-backed securities, making them more volatile and sensitive to changes in interest rates. The Fund invests in a smaller number of securities than the average mutual fund and the change in value of a single holding may have a more pronounced effect on the Fund's net asset value and performance.
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 available at www.hendersonglobalinvestors.com or by contacting your financial adviser. Please read it carefully before investing.
Foreside Fund Services, LLC, distributor (12/13) HGF-36123-13
SOURCE Henderson Global Investors
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