Law Debenture Corporation

Name
Law Debenture Corporation
Manager
Janus Henderson Investors Ltd
Type
Closed Ended Investment Company
ISIN
GB0031429219
Sector
UK Equity Income
Launched
12/12/1889
OCF
0.45 %
Risk Rating
3
3 Year Sharpe
0.78
3 Year Alpha
2.13
Yield
2.9 %
Benchmark
FTSE AllSh TR GBP
Fund Size
£ 717.39 million
NAV
668
Gearing
113
Discount Premium
-10
To achieve long term capital growth through investing in a diverse portfolio of investments spread both geographically and by sector.The group deploy the following financial instruments: 1,Quoted equities, unlisted equities and fixed interest securities. 2,Cash and short term investments and deposits. 3,Debentures, term loans and bank overdrafts to allow the group to raise finance. 4,Derivative transactions to manage any of the risks arising from the use of the above instruments. 5,Derivative transactions to hedge the net investment in overseas subsidiaries.
Holding %
Royal Dutch Shell PLC 3.72 %
Rio Tinto PLC 2.11 %
GlaxoSmithKline 2.09 %
BP PLC 2.03 %
Octopus Apollo VCT 2 PLC 2.00 %
Prudential PLC 1.85 %
RELX NV 1.65 %
Rolls-Royce Holdings PLC 1.60 %
Senior PLC 1.46 %
Stewart & Stevenson Services Inc 1.45 %
Region %
United Kingdom 61.62 %
United States 14.19 %
Eurozone 9.52 %
Sector %
Industrials 22.27 %
Financial Services 17.38 %
Consumer Cyclical 15.33 %
Basic materials 10.45 %
Energy 10.17 %
Healthcare 7.56 %
Name
Janus Henderson Investors Ltd
Address
EC2M 3AE, London, United Kingdom
UCITS
No
Legal Structure
Closed Ended Investment Company

Managers

Laura Foll
Joined 09/01/2011

Laura Foll is a Portfolio Manager on the Global Equity Income Team at Janus Henderson Investors, a position she has held since 2014. Laura joined Henderson in 2009 as part of the graduate scheme. She was subsequently named a global analyst and later an assistant fund manager for the Global Equity Income Team. Laura graduated with a BSc degree (Hons) in economics and economic history from the London School of Economics. She holds the Chartered Financial Analyst designation.

James Henderson
Joined 06/01/2003

James Henderson is Director of UK Investment Trusts and a Portfolio Manager at Janus Henderson Investors, a position he has held since 2003. He joined Henderson in 1983 as a trainee fund manager and has successfully managed a number of investment trusts since 1990. Prior to this, he was an accountant trainee at Binder Hamlyn. James graduated with an MA (Hons) in economics from Cambridge University.

Data provided by Morningstar.

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