Henderson Folds Money Fund

The Board of Trustees of Henderson Global Funds has agreed to liquid the Henderson Money Market Fund on December 28, according to a Securities and Exchange Commission filing.

The fund will cease to see shares to new or existing investors on November 16. It invests in a money market portfolio managed by State Street Global Advisors Funds Management. Nets assets of the portfolio were in excess of $26 billion at the end of September.

 

For reprint and licensing requests for this article, click here.
Law and regulation Mutual funds Money Management Executive
MORE FROM FINANCIAL PLANNING