From 25 February 2022, the Company’s Investment objective and policy changed, and from 16 September 2021, the Company's reference benchmark changed. Past performance shown before this change was therefore achieved under circumstances that no longer apply.
The Company’s investment objective is to provide shareholders with a high level of income and preservation of capital, through the economic cycle.
Proposed roll-over to Henderson High Income Trust plc
On 4 October 2023 the Company announced that it would be asking shareholders to consider a scheme of reconstruction which could result in the liquidation of the Company and transfer of some assets to Henderson High Income Trust plc. Under the scheme, shareholders will be offered a cash exit or the opportunity to roll their shares into Henderson High Income Trust plc.
A circular is expected to be posted to shareholders in December 2023.
ABOUT THIS COMPANY
- A fixed income specialist with the ability to move freely between bonds and loans
- Has an experienced and specialised management team with a deep understanding of global fixed income markets
- Typically invests in large, high quality companies in industries with high barriers to entry