This is the maximum that might be taken out of your investment before the deal is placed in your specified fund(s).
For example, if you invest £1,000 in the A Share Class of Henderson China Opportunities Fund, an entry charge of 5% means that £950 will be used to purchase shares in the fund.
For dual priced funds, the entry charge is included in the price at which you buy into the fund(s), this is known as the bid/offer spread and is the difference between the quoted bid and offer prices.
The entry charge covers the costs of setting up your investment, and may also cover payments to your financial adviser or any other firm through which you may invest.
All entry charges can be found on the Key Investor Information Document (KIID).
Whilst Henderson does not charge an exit charge by default, we reserve the right to make a charge where the Manager suspects excessive trading by an investor (and specifically on subscriptions held for less than 90 days). The charge will be taken from your investment once your shares/units are sold.