Henderson Alternative Strategies adopts lower fee structure

Henderson Alternative Strategies adopts lower fee structure –  The Board of Henderson Alternative Strategies Trust (HAST) as agreed with the managers of the fund Henderson Investment Funds Limited a new fee strategy that is lower than the previous level.

Currently, the management fee is charged at a rate of 0.70% per annum.

With effect from 1 April 2018, the rate will be reduced to 0.60% per annum on the first £250m of the Net Asset Value and 0.55% per annum in excess thereof. The NAV of the fund was £332.8m as at 26-02-18.

About Henderson Alternative Strategies Trust

Henderson Alternative Strategies Trust (formerly Henderson Value Trust and, before that, SVM Global) aims to exploit global opportunities to provide long-term growth to shareholders via a diversified, international, multi-strategy portfolio which offers access also to specialist funds including hedge and private equity. The Company aims to outperform the FTSE World Index on a total return basis.

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