Henderson Launches Global Real Estate Equities Fund

Business Wire, March 4, 2008

Its Second Institutional Mutual Fund for U.S. Investors

CHICAGO -- Henderson Global Investors, the independent asset management firm with $117.8 billion under management, today announced the launch of the Henderson Global Real Estate Equities Fund, an institutional share-class mutual fund that aims to achieve long-term capital appreciation primarily by investing in property-related securities throughout the world. The Fund follows a fundamental, value-driven approach and is managed by a portfolio team comprised of Henderson's Europe and Asia-Pacific real estate equity managers, with the North American portion managed by Transwestern Securities Management, LLC. The Fund has a $1 million investment minimum.

"For the skilled manager, inefficiencies caused by the differing characteristics of the global property equities markets could provide multiple opportunities to add value to the portfolio," noted Patrick Sumner, Henderson's head of property equities. "We have an established track record and reputation in property investing, and our 160 property investment specialists around the globe are constantly putting their best ideas to work for investors looking for exposure to global real estate."

The Global Real Estate Equities Fund seeks to invest in property equities that exhibit low correlations and inefficiencies when compared with major equity and bond markets. Henderson uses a top-down view to regional and country allocations combined with a bottom-up approach to individual stock selection. The portfolio management team takes a long-term view of the real estate market, which historically has moved differently than the stock market, when determining allocation and stock selection.

The Global Real Estate Equities Fund debut closely follows the January 31 launch of Henderson's International Equity Fund, an EAFE All Cap fund and the first institutional mutual fund to be added to the Henderson Global Fund family, which began in 2001 and includes eight retail mutual funds in addition to the two new institutional mutual funds.

About Henderson's Property Team

Henderson Global Investors has been managing property investments for more than four decades and has over $22 billion in direct real estate assets and property securities under management globally (as of December 31, 2007). The property team comprises over 290 employees in offices throughout the world. The Specialist Property Equities Team has detailed knowledge of property equity markets globally and currently manages assets of approximately $3 billion under 13 different mandates (as of December 31, 2007). The institutional property business manages commingled funds, separate accounts and funds of funds offering core, value-added and opportunistic returns. Henderson invests in property across all commercial sectors, as well as managing funds with sector specialist and/or regional themes.

About Henderson Global Investors

Henderson Global Investors is a global investment management company, providing a wide range of investment products and services to institutions and individuals in Asia, Europe and North America. Henderson manages over $117.8 billion (as of December 31, 2007) in assets and employs approximately 980 people worldwide.

Before investing, you should carefully consider the Fund's investment objectives, risks, charges and expenses. This and other information is in the prospectus, a copy of which may be obtained by calling 1.800.657.1493 or by visiting the Fund's website at www.henderson.com. Please read the prospectus carefully before investing.

International investing involves certain risks and increased volatility not associated with investing solely in the US. These risks include currency fluctuations, economic or financial instability, lack of timely or reliable financial information or unfavorable political or legal developments. The Fund may invest in securities issued by smaller companies, which typically involves greater risk than investing in larger companies. Also, the Fund may invest in limited geographic areas and/or sectors which may result in greater market volatility. In addition, the Fund is non-diversified meaning it may invest in a smaller number of issuers. As such, investing in this Fund may involve greater risk and volatility than investing in more diversified funds. The Fund is concentrated in a single industry meaning the Fund carries greater risk of adverse developments in that industry than a fund that invests in a wide variety of industries. Special risks are also associated with investments in securities of companies engaged in property markets.

Foreside Fund Services, LLC, Distributor.