Henderson Asian Dividend Income

A fund investing in high yielding companies in the Asia region.

Overview

The fund invests in a portfolio of quality companies with high dividends. Approximately half the portfolio will be in stocks currently producing a high yield, and half in companies expected to grow their dividend substantially over the longer term. Derivatives are used to enhance the income, as well to allow the manager to include lower yielding companies with good future prospects without decreasing the fund’s yield. The process seeks to identify high quality businesses with sustainable cash flow, as well as management who are willing to increase revenue paid out to shareholders.

We like the fund as it has consistently delivered the highest yield within the Asian income sector, and total return performance has been very strong versus peers. The use of derivatives has contributed substantially to income, and we do not deem the derivatives used in the strategy to be particularly risky.

Fund type: Asset class: Sector:
Unit Trust Equities Asia

Fund Manager: Michael Kerley

Michael Kerley has over 30 years’ experience in asset management, and has managed equity portfolios since 1994. He started his career at Invesco as part of their back office function, before becoming a trainee fund manager in 1993. After a year at ISIS Asset Management (now part of F&C Asset Management) he joined Henderson in 2004 as a director in the Asia Pacific equities team.

Fund Group: Henderson Global Investors

Henderson Global Investors was founded in 1934 by Alexander F Henderson. Henderson is an independent asset manager with assets under management of more than £80bn, with offices in 19 cities around the world.   With investment expertise across every asset class, Henderson offers clients access to all major markets around the globe, with core capabilities in Global Equities, European Equities, Global Fixed Income, Multi-Asset and Alternatives.