Henderson Far East Income (HFEL)

Business description

Henderson Far East Income aims to provide investors with a high level of dividends and capital appreciation over the long term, from a diversified portfolio of investments traded on the Pacific, Australasian, Japanese and Indian stock markets (Asia Pacific region). The fund is classified by the AIC in the Asia Pacific ex-Japan category and, while it does not have a benchmark, sees the FTSE All-World Asia Pacific ex-Japan index as providing the most appropriate comparator. While the fund does hold Japanese investments, they are not expected to be a substantial part of total assets.

Stock data

Market cap.£434.2m
Last close373.00p
High / Low (52 weeks)374.0p / 280.0p
Stock market listingLN, NZ
Forecast net debt (m)N/A
Forecast gearing ratio (%)N/A
TeamInvestment Companies
SectorInvestment Companies

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Company news

Henderson Far East Income Ltd (HFEL.L) Shares Moving On Volume

Thu, 22 Jun 2017 10:52:30 GMT

Henderson Far East Income Limited (HFEL) Declares Dividend Increase – GBX 5.30 ...

Sat, 24 Jun 2017 00:56:15 GMT

Is Henderson Far East Income's 6.3% yield too good to be true?

Wed, 14 Oct 2015 10:58:11 GMT

Five Decades after the Wrecking Ball Demolished Six Acres on the LES, a new ...

Thu, 25 Aug 2016 00:00:00 GMT

HENDERSON FAR EAST INCOME: Trust delivers 5.7% dividend as investors shun ...

Mon, 12 May 2014 10:09:43 GMT

Investment summary

Henderson Far East Income (HFEL) is a relatively concentrated portfolio of 40-60 Asian equities, aiming to generate high income with the potential of long-term capital growth. Since February 2007, HFEL has been managed by Michael Kerley. Against a backdrop of the recent rebound in Asian stock markets, he suggests that the attraction of income from Asian equities has not diminished even though he believes investors have been focusing on growth rather than income. HFEL’s 5.7% dividend yield is the highest in its peer group. Having traded at a modest discount for part of 2016, HFEL has returned to trading at a premium.

Last updated on 15/05/2017

Key management

Mike Kerley, Fund manager

Company address

Liberté House
19-23 La Motte Street
St. Helier
Jersey
JE2 4SY
Jamaica
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