Henderson Global Trust PLC Initiation research from QuotedData
December 17 2015 - 3:26AM
RNS Non-Regulatory
TIDMHGL
Henderson Global Trust PLC
17 December 2015
Initiation research from QuotedData
17(th) December 2015
Searching for change
Henderson Global Trust (HGL) is one of the smaller members of
the AIC's global sector, which gives its manager the option to look
further down the market cap scale. Its more moderate size hasn't
inflated overall costs. HGL, which pays quarterly dividends, offers
one of the highest yields in its peer group, whilst trading at a
discount approaching 10%. An improvement in relative and absolute
performance, which could come from running with lower cash
balances, a higher allocation to the US and / or additional returns
generated by identifying underappreciated change (see page 4),
could help support a narrower discount.
Henderson Global Trust seeks to provide long-term capital growth
from a concentrated portfolio of international equities (primarily
medium and large cap) with a secondary objective to increase
dividends over the longer term. The portfolio typically comprises
between 50 and 80 stocks with 80% ordinarily invested in the top 30
to 40 holdings. HGL can borrow money with a view to enhancing
returns although it is expected that this will be used
conservatively.
http://quoteddata.com/2015/12/henderson-global-trust-searching-for-change/
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