Hendersons offers Managed Income outside Isa

Henderson Global Investors is offering its Managed Income Plan outside an Isa wrapper. The plan inve...

Henderson Global Investors is offering its Managed Income Plan outside an Isa wrapper. The plan invests across eight Hendersons' Oeic funds, including its Corporate Bond, European High Yield Bond, and UK Equity Income and aims to return 7% a year, while managing risk to capital. Minimum investment is £5,000. There are two classes of shares, the ordinary 'A' shares, with a 4% initial charge and 1.35% annual management fee, or no load 'X' shares, which carry an exit charge for six years. Contact: 0800 881 144.