Henderson heralds new All Asset Fund's 'robust, all-weather' portfolio

By Toni Weeks

San Diego, March 30 - Henderson Global Investors (North America) Inc. announced in a press release that it has launched the Henderson All Asset Fund.

The fund offers class A, class C and class I shares, which trade under the symbols HGAAX, HGACX and HGAIX, respectively.

The fund seeks to achieve long-term growth of capital with lower volatility by investing in a broad range of traditional and alternative asset classes, including equities, bonds, property, private equity, commodities, currency and cash.

"We believe there has never been a better time to invest in a fund that gives its portfolio managers the ability to dynamically allocate assets in response to the ever-changing economic environment that investors currently face," Chuck Thompson, director of U.S. Retail at Henderson Global Investors, said in the release.

"We believe that our approach offers investors a robust, all-weather portfolio, combining dynamic asset allocation, diversified portfolio construction and efficient implementation of investment ideas."

Bill McQuaker and Chris Paine are the portfolio managers.

"As co-managers, Bill and Chris offer investors the best of both worlds," Thompson continued.

"Bill looks at the world from a qualitative perspective through the lens of his years of asset allocation experience, while Chris adds rigorous systematic analysis to the process."

As previously reported, shareholder fees consist of a 5.75% maximum sales charge for class A shares and a 1% maximum deferred sales charge for class C shares.

Management fees will be 0.4%. Along with other various fees, and taking into account an expenses limitation agreement with the adviser, total annual fund operating expenses are expected to be 1.65% for class A, 2.4% for class C and 1.4% for class I shares. The expenses limitation agreement limits ordinary operating expenses to 0.6% of the fund's average daily net assets and expires July 31, 2015. It does not include distribution and/or service fees or acquired fund fees and expenses.

Hartford-based Henderson Global Investors (North America) Inc. is the investment adviser to the fund.

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