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Henderson asks unit holders for approval to merge funds

Henderson Investors is seeking unit holder approval to rationalise part of its UK growth and UK income fund ranges.


It also wants to change the investment objectives of Henderson Pacific Smaller Companies and the Henderson American Smaller Companies funds.


If the changes are approved, Henderson will merge Henderson Extra Income into Henderson High Income and rename the fund Henderson UK Equity Income Fund.


The resulting fund will have an altered objective, focusing on producing a high yield but with some capital growth, rather than rising income at the expense of capital.

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