Managed by Nick Sheridan, who also runs the firm’s Henderson Horizon Euroland Fund, the fund aims to deliver an above market average income from pan-European stocks.
According to Steven de Vries, head of European retail sales, clients’ thirst for income in the current, low-yield world continues unabated.
“Europe continues to present opportunities to investors, as the valuations of European equities remain competitive. Given Nick’s established performance and the income investment opportunities in Europe, we feel it is a good time to build out our dividend products with a regional focus across Europe,” de Vries said.
Sheridan, added: “European equity markets offer competitive dividend yields, especially when compared to other global assets. Negative sentiment remains built into European share prices. The investment strategy I use in the existing Euroland fund can be applied to identify high yielding European companies that are priced below their intrinsic value.
The fund is benchmarked against the MSCI Europe Net Return index.
