Brexit quick view: No, no, no, no, no, no, no and no.Quick view: Have Italian election market ris…Quick view: Market plunge due to over-exubera…Bitcoin: emerging asset or speculative mania?Multi-Asset outlook: will the bull keep charg…UK election: result signals Mayday on Brexit …Hey, big spender: the fiscal story behind the…Quick view: Mays hard Brexit offers Hobson…Multi-Asset Outlook 2017: More, more, more! …US election reaction: predictably unpredictab…Brexit update: timing uncertain, destination …The Fund aims to provide an absolute (more than zero) return, typically over a 12-month period. An absolute return performance is not guaranteed over this specific, or any other, time period and consequently your capital is in fact at risk. The Fund invests in Collective Investment Schemes (funds that invest in shares, bonds and other securities from the UK and elsewhere), including Exchange Traded Funds. The Fund may also invest in money market instruments and bank deposits. The Fund may use derivatives to achieve the Funds investment objective, to reduce risk or to manage the Fund more efficiently.

The value of an investment and the income from it can fall as well as rise as a result of market and currency fluctuations and you may not get back the amount originally invested.

Potential investors must read the prospectus, and where relevant, the key investor information document before investing.

This website is for financial promotion purposes and is not investment advice.

Past performance is not a guide to future performance. All performance data includes both income and capital gains or losses and reflects the deduction of any ongoing charges or other fund expenses.

Past performance is not a guide to future performance. Performance is shown on a Net Asset Value (NAV) basis with net income reinvested where applicable.

© Morningstar 2018. All rights reserved. NAV-NAV, net income reinvested where applicable.

Source: Morningstar, based on market prices at close on the date shown. We are not responsible for the accuracy or completeness of the information supplied by Morningstar. We take care to ensure that the information provided by Morningstar is correct but we neither warrant, represent nor guarantee the contents of the information, nor do we accept any responsibility for errors, inaccuracies, omissions or any inconsistencies therein. Prices may be subject to change, errors and omissions excepted.

© Morningstar 2019. All rights reserved. NAV-NAV, net income reinvested where applicable.

Source: Morningstar, based on market prices at close on the date shown. We are not responsible for the accuracy or completeness of the information supplied by Morningstar. We take care to ensure that the information provided by Morningstar is correct but we neither warrant, represent nor guarantee the contents of the information, nor do we accept any responsibility for errors, inaccuracies, omissions or any inconsistencies therein. Prices may be subject to change, errors and omissions excepted.

Certain classes within a fund may be able to charge a performance related management fee, which becomes payable when that class outperforms its performance fee benchmark and previous high watermark (where applicable).An indication of the historic performance fee payable can be found in the relevant KIID.

Certain classes within a fund may be able to charge a performance related management fee, which becomes payable when that class outperforms its performance fee benchmark and previous high watermark (where applicable).An indication of the historic performance fee payable can be found in the relevant KIID.

Certain classes within a fund may be able to charge a performance related management fee, which becomes payable when that class outperforms its performance fee benchmark and previous high watermark (where applicable).An indication of the historic performance fee payable can be found in the relevant KIID.

The value of the Funds and the income from them is not guaranteed and may fall as well as rise. You may get back less than you originally invested.

Past performance is not a guide to future performance.

You should note that your tax treatment in relation to any investments held outside an ISA will depend on your individual circumstances and may be subject to change in the future. Governments may change the tax rules which affect you or the Funds in which you have invested.

If you invest through a third party provider you are advised to consult them directly as charges, performance and terms and conditions may differ materially.

Third party data is believed to be reliable, but its completeness and accuracy is not guaranteed.

The Fund could lose money if a counterparty with which it trades becomes unwilling or unable to meet its obligations to the Fund.

The Fund may use derivatives with the aim of reducing risk or managing the portfolio more efficiently. However this introduces other risks, in particular, that a derivative counterparty may not meet its contractual obligations.

If the Fund holds assets in currencies other than the base currency of the Fund or you invest in a share class of a different currency to the Fund (unless hedged), the value of your investment may be impacted by changes in exchange rates.

If the Fund or a specific share class of the Fund seeks to reduce risks (such as exchange rate movements), the measures designed to do so may be ineffective, unavailable or detrimental.

Securities within the Fund could become hard to value or to sell at a desired time and price, especially in extreme market conditions when asset prices may be falling, increasing the risk of investment losses.

The Fund invests in other funds (including exchange traded funds and investment trusts/companies), which may introduce more risky assets, derivative usage and other risks, as well as contributing to a higher level of ongoing charges.

Funds incur costs as a necessary part of buying and selling the underlying investments, these are otherwise known as portfolio transaction costs, and include charges such as broker commission and Stamp Duty. View theportfolio transaction costsacross the Henderson UK Fund range.

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The value of an investment and the income from it can fall as well as rise and you may not get back the amount originally invested.

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Issued in the UK by Janus Henderson Investors. Janus Henderson Investors is the name under which investment products and services are provided by Janus Capital International Limited (reg no. 3594615), Henderson Global Investors Limited (reg. no. 906355), Henderson Investment Funds Limited (reg. no. 2678531), AlphaGen Capital Limited (reg. no. 962757), Henderson Equity Partners Limited (reg. no.2606646), (each registered in England and Wales at 201 Bishopsgate, London EC2M 3AE and regulated by the Financial Conduct Authority) and Henderson Management S.A. (reg no. B22848 at 2 Rue de Bitbourg, L-1273, Luxembourg and regulated by the Commission de Surveillance du Secteur Financier).

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