-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, I9a3Kv39x8n9Tv/gG4SM+IHZCRTqwCzPYfDSRsoWAlVEc/CPN8AxAyNulPjAqfpZ 9G0NYKWZqtLs93L5i5+jqQ== 0000891804-08-001579.txt : 20080528 0000891804-08-001579.hdr.sgml : 20080528 20080528163333 ACCESSION NUMBER: 0000891804-08-001579 CONFORMED SUBMISSION TYPE: N-Q PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20080331 FILED AS OF DATE: 20080528 DATE AS OF CHANGE: 20080528 EFFECTIVENESS DATE: 20080528 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HENDERSON GLOBAL FUNDS CENTRAL INDEX KEY: 0001141306 IRS NUMBER: 000000000 FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: N-Q SEC ACT: 1940 Act SEC FILE NUMBER: 811-10399 FILM NUMBER: 08863878 BUSINESS ADDRESS: STREET 1: 737 NORTH MICHIGAN AVENUE STREET 2: SUITE 1950 CITY: CHICAGO STATE: IL ZIP: 60611 BUSINESS PHONE: 3123971122 MAIL ADDRESS: STREET 1: 737 N. MICHIGAN AVE STREET 2: SUITE 1950 CITY: CHICAGO STATE: IL ZIP: 60611 0001141306 S000020789 Henderson International Equity Fund C000058052 Class I 0001141306 S000021030 Henderson Global Real Estate Equities Fund C000059796 Class I N-Q 1 hend43345-nq.txt HENDERSON GLOBAL INVESTORS UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM N-Q QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY Investment Company Act file number: 811-10399 ---------------------------------------------- HENDERSON GLOBAL FUNDS ------------------------------------------------------------------------------ (Exact name of registrant as specified in charter) 737 NORTH MICHIGAN AVENUE, SUITE 1700 CHICAGO, ILLINOIS 60611 ------------------------------------------------------------------------------ (Address of principal executive offices)(Zip code) (Name and Address of Agent for Service) Copy to: CHRISTOPHER K. YARBROUGH CATHY G. O'KELLY 737 NORTH MICHIGAN AVENUE, VEDDER, PRICE, KAUFMAN & KAMMHOLZ SUITE 1700 222 NORTH LASALLE STREET CHICAGO, ILLINOIS 60611 CHICAGO, ILLINOIS 60601 Registrant's telephone number, including area code: (312) 397-1122 Date of fiscal year end: December 31 Date of reporting period: March 31, 2008 Item 1. Schedule of Investments. HENDERSON GLOBAL FUNDS PORTFOLIO OF INVESTMENTS (UNAUDITED) HENDERSON GLOBAL REAL ESTATE EQUITIES FUND MARCH 31, 2008 VALUE SHARES (NOTE 3) ----------- --------- COMMON STOCKS - 29.55% AUSTRIA - 1.20% 1,200 Warimpex Finanz und Beteiligungs AG $ 12,314 ---------- CANADA - 0.71% 375 Brookfield Properties Corp. 7,241 ---------- FINLAND - 1.74% 2,000 Technopolis Oyj 17,840 ---------- GUERNSEY ISLE - 1.00% 1,200 RGI International, Ltd. * 10,236 ---------- HONG KONG - 15.95% 18,000 China Overseas Land & Investment, Ltd. 32,842 8,000 Hysan Development Co., Ltd. 22,306 7,000 Sun Hung Kai Properties, Ltd. 108,382 ---------- 163,530 ---------- JAPAN - 5.81% 3,000 Mitsui Fudosan Co., Ltd. 59,561 ---------- SWEDEN - 1.19% 1,000 Castellum AB 12,202 ---------- UNITED STATES - 1.95% 211 American Tower Corp. * 8,273 107 MGM Mirage * 6,288 105 Starwood Hotels & Resorts Worldwide, Inc. 5,434 ---------- 19,995 ---------- TOTAL COMMON STOCK (Cost $308,257) 302,919 ---------- REAL ESTATE INVESTMENT TRUSTS - 63.21% AUSTRALIA - 9.71% 10,000 Goodman Group 39,389 3,700 Westfield Group 60,189 ---------- 99,578 ---------- CANADA - 2.23% 397 Calloway Real Estate Investment Trust 7,809 258 Dundee Real Estate Investment Trust 8,164 703 InnVest Real Estate Investment Trust 6,849 ---------- 22,822 ---------- VALUE SHARES (NOTE 3) ----------- --------- FRANCE - 5.57% 100 ICADE $ 14,881 164 Unibail-Rodamco 42,206 ---------- 57,087 ---------- JAPAN - 4.54% 4 Japan Real Estate Investment Corp. 46,549 ---------- SINGAPORE - 4.16% 17,000 CapitaMall Trust 42,610 ---------- UNITED KINGDOM - 6.90% 2,500 Big Yellow Group plc 21,571 900 Derwent London plc 27,114 1,000 Hammerson plc 22,109 ---------- 70,794 ---------- UNITED STATES - 30.10% 220 AMB Property Corp. 11,972 326 BioMed Realty Trust, Inc. 7,788 465 Cedar Shopping Centers, Inc. 5,431 214 Corporate Office Properties Trust 7,193 373 Digital Realty Trust, Inc. 13,242 185 Entertainment Properties Trust 9,126 161 Essex Property Trust, Inc. 18,351 136 Federal Realty Investment Trust 10,601 214 First Industrial Realty Trust, Inc. 6,611 1,271 GMH Communities Trust 11,032 205 Health Care REIT, Inc. 9,252 260 Hospitality Properties Trust 8,845 496 Inland Real Estate Corp. 7,544 845 Medical Properties Trust, Inc. 9,565 211 Mid-America Apartment Communities, Inc. 10,516 282 Post Properties, Inc. 10,891 380 ProLogis 22,367 266 Regency Centers Corp. 17,226 409 Simon Property Group, Inc. 38,000 225 SL Green Realty Corp. 18,331 393 Sunstone Hotel Investors, Inc. 6,292 219 Taubman Centers, Inc. 11,410 640 U-Store-It Trust 7,251 304 Ventas, Inc. 13,653 187 Vornado Realty Trust 16,121 ---------- 308,611 ---------- TOTAL REAL ESTATE INVESTMENT TRUSTS (Cost $624,453) 648,051 ---------- See Notes to Financial Statements. HENDERSON GLOBAL FUNDS PORTFOLIO OF INVESTMENTS (UNAUDITED) HENDERSON GLOBAL REAL ESTATE EQUITIES FUND MARCH 31, 2008 (CONTINUED) TOTAL LONG TERM INVESTMENTS (Cost $932,710) $ 950,970 ---------- SHORT TERM INVESTMENT - 5.58% 57,205 Fidelity Institutional Treasury Portfolio 57,205 ---------- TOTAL SHORT TERM INVESTMENT (Cost $57,205) 57,205 ---------- TOTAL INVESTMENTS - 98.34% (Cost $989,915) 1,008,175 ---------- NET OTHER ASSETS AND LIABILITIES - 1.66% 17,056 ---------- TOTAL NET ASSETS - 100.00% $1,025,231 ---------- * Non income producing security See Notes to Financial Statements. HENDERSON GLOBAL FUNDS PORTFOLIO OF INVESTMENTS (UNAUDITED) HENDERSON GLOBAL REAL ESTATE EQUITIES FUND MARCH 31, 2008 (CONTINUED) OTHER INFORMATION: INDUSTRY CONCENTRATION AS % OF NET A PERCENTAGE OF NET ASSETS: ASSETS - --------------------------------------------------------------- Real Estate Management & Development 27.60% Retail REIT 25.87 Office REIT 12.52 Specialized REIT 9.00 Industrial REIT 7.84 Residential REIT 4.96 Diversified REIT 3.02 Wireless Telecommunication Services 0.81 Casinos & Gaming 0.61 Hotels, Resorts & Cruises 0.53 ----------- Long Term Investments 92.76 Short Term Investment 5.58 ----------- Total Investments 98.34 Net Other Assets and Liabilities 1.66 ----------- 100.00% =========== Henderson Global Real Estate Equities Fund Notes to Portfolio of Investments 1. All percentages are based on the net assets of the Henderson Global Real Estate Equities Fund (the "Fund") as of March 31, 2008. 2. Net unrealized appreciation of the Fund's investment securities was $18,260, of which $33,787 related to appreciated investment securities and $15,527 related to depreciated investment securities for the fiscal quarter ended March 31, 2008. 3. Securities traded on a recognized stock exchange or market are generally valued at the latest reported sale price or at the official closing price. Listed securities for which no sale was reported on that date and other securities traded in the over-the-counter market are valued at the mean between the last bid and asked prices. Short-term investments purchased with an original or remaining maturity of 60 days or less valued at amortized cost, which approximates market value. If market quotations are not readily available, or if the investment adviser determines that a quotation of a security does not represent a fair value, then the security shall be valued at a fair value as determined in good faith using procedures approved by the Trustees of the Fund. The Fund has retained an independent statistical fair value pricing service to assist in the fair valuation process for securities principally traded in a foreign market in order to adjust for possible changes in value that may occur between the close of the foreign exchange and the time at which Fund's shares are priced. If a security is valued at a "Fair value", that value may be different from the last quoted market price for the security. The Fund adopted Financial Accounting Standards Board Statement of Financial Accounting Standards No. 157, Fair Value Measurements ("FAS 157"), effective February 29, 2008. In accordance with FAS 157, fair value is defined as the price that the Fund would receive upon selling an investment in a timely transaction to an independent buyer in the principal or most advantageous market of the investment. Various inputs are used in determining the value of the Fund's investments. FAS 157 established a three-tier hierarchy of inputs to establish classification of fair value measurements for disclosure purposes. These inputs may be observable or unobservable. Observable inputs are inputs that reflect the assumptions market participants would use in pricing the asset or liability developed based on market data obtained from sources independent of the reporting entity. Unobservable inputs are inputs that reflect the reporting entity's own assumptions about the assumptions market participants would use in pricing the asset or liability developed based on the best information available under the circumstances. The inputs used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. The three-tier hierarchy of inputs is summarized in the three broad Levels listed below. o Level 1 - quoted prices in active markets for identical investments o Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.) o Level 3 - significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments) The following is a summary of the inputs used as of March 31, 2008 in valuing the Fund's investments carried at value: Henderson Global Real Estate Equities Fund Notes to Portfolio of Investments OTHER INVESTMENTS IN FINANCIAL VALUATION INPUTS SECURITIES INSTRUMENTS* Level 1 - Quoted Prices $ 1,008,175 $ 0 Level 2 - Other Significant Observable Inputs - - Level 3 - Significant Unobservable Inputs - - ------------------ ------------------ TOTAL $ 1,008,175 $ 0 ================== ================== *Other financial instruments include futures, forwards and swap contracts. HENDERSON GLOBAL FUNDS PORTFOLIO OF INVESTMENTS (UNAUDITED) HENDERSON INTERNATIONAL EQUITY FUND MARCH 31, 2008 VALUE SHARES (NOTE 3) ----------- --------- COMMON STOCKS - 96.73% AUSTRIA - 2.49% 654 Andritz AG $ 35,900 414 Schoeller-Bleckmann Oilfield Equipment AG 36,889 ---------- 72,789 ---------- BRAZIL - 1.91% 546 Petroleo Brasileiro, S.A., ADR 55,752 ---------- CHINA - 2.66% 1,051 China Medical Technologies, Inc., ADR 43,185 18,500 China Railway Construction Corp., Class H * 25,435 228 Suntech Power Holdings Co., Ltd., ADR * 9,248 ---------- 77,868 ---------- CYPRUS - 2.01% 7,220 Marfin Popular Bank Public Co., Ltd. 58,817 ---------- GERMANY - 7.09% 541 Bauer AG 35,574 896 Bayer AG 71,803 896 GFK AG 35,435 594 Siemens AG 64,378 ---------- 207,190 ---------- GREECE - 1.59% 1,000 Coca-Cola Hellenic Bottling Co. S.A. 46,573 ---------- HONG KONG - 3.97% 2,500 China Mobile, Ltd. 37,198 2,849 Melco PBL Entertainment (Macau), Ltd., ADR * 32,422 3,000 Sun Hung Kai Properties, Ltd. 46,449 ---------- 116,069 ---------- INDIA - 1.33% 3,058 Reliance Communications, Ltd., GDR (a) 38,743 ---------- IRELAND - 1.21% 1,514 IAWS Group plc 35,375 ---------- VALUE SHARES (NOTE 3) ----------- --------- ITALY - 5.04% 2,100 Autogrill SpA $ 31,347 1,154 Saipem SpA 46,713 10,322 UniCredito Italiano SpA 69,094 ---------- 147,154 ---------- JAPAN - 16.05% 600 Aeon Fantasy Co., Ltd. 5,303 1,300 Aeon Mall Co., Ltd. 36,060 600 Daiichikosho Co., Ltd. 5,857 6,000 Daiwa Securities Group, Inc. 52,006 400 Fanuc, Ltd. 38,042 200 Hitachi Systems & Services, Ltd. 4,394 1,000 Kanto Tsukuba Bank, Ltd. 5,407 2,000 Kinki Sharyo Co., Ltd. 6,080 1,600 Komatsu, Ltd. 44,382 3,000 Meisei Industrial Co., Ltd. 6,832 300 Nintendo Co., Ltd. 154,695 2,000 Nippon Chemical Industrial Co., Ltd. 4,735 3,000 Oenon Holdings, Inc. 5,658 200 Sanei-International Co., Ltd. 2,821 400 SMC Corp. 42,175 5,000 The Bank of Yokohama, Ltd. 33,959 300 Xebio Co., Ltd. 7,690 150 Yamada Denki Co., Ltd. 12,941 ---------- 469,037 ---------- MALAYSIA - 1.41% 49,000 Alliance Financial Group Berhad 41,057 ---------- NETHERLANDS - 1.35% 3,155 Wavin N.V. 39,350 ---------- RUSSIA - 0.25% 71 Wimm-Bill-Dann Foods, ADR 7,276 ---------- SINGAPORE - 16.31% 50,000 Banyan Tree Holdings, Ltd. 49,766 8,000 Capitaland, Ltd. 36,906 7,000 Fraser & Neave, Ltd. 24,665 9,000 Keppel Corp., Ltd. 64,732 30,000 SC Global Developments, Ltd. 29,206 4,000 Singapore Airlines, Ltd. 45,334 6,000 Singapore Technologies Engineering, Ltd. 14,734 19,000 StarHub, Ltd. 41,963 29,000 Tat Hong Holdings, Ltd. 46,772 4,000 United Overseas Bank, Ltd. 55,621 22,000 Wilmar International, Ltd. * 66,809 ---------- 476,508 ---------- See Notes to Financial Statements. HENDERSON GLOBAL FUNDS PORTFOLIO OF INVESTMENTS (UNAUDITED) HENDERSON INTERNATIONAL EQUITY FUND MARCH 31, 2008 VALUE SHARES (NOTE 3) ----------- --------- SWITZERLAND - 10.80% 2,238 ABB, Ltd. $ 60,079 457 Credit Suisse Group 23,262 265 Lonza Group AG 35,143 202 Nestle S.A. 100,939 30 SGS S.A. 43,138 181 Syngenta AG 53,037 ---------- 315,598 ---------- TAIWAN - 3.88% 5,736 Fubon Financial Holding Co., Ltd., GDR 62,236 569 High Tech Computer Corp., GDR 51,210 ---------- 113,446 ---------- TURKEY - 0.68% 3,574 Turkiye Halk Bankasi A.S. * 19,821 ---------- UNITED KINGDOM - 16.70% 1,090 Anglo American plc 65,504 5,514 BowLeven plc * 37,864 851 Cairn Energy plc * 47,864 3,199 ICAP plc 36,125 5,436 Man Group plc 59,823 953 Rio Tinto plc 98,975 4,404 Serco Group plc 39,660 2,200 Spectris plc 32,507 995 Xstrata plc 69,649 ---------- 487,971 ---------- TOTAL COMMON STOCK (Cost $2,817,558) 2,826,394 ---------- PREFERRED STOCK - 2.93% GERMANY - 2.93% 1,028 Fresenius AG 85,611 ---------- TOTAL PREFERRED STOCK (Cost $82,881) 85,611 ---------- TOTAL LONG TERM INVESTMENTS (Cost $2,900,439) 2,912,005 ---------- SHORT TERM INVESTMENT - 7.30% 213,352 Fidelity Institutional Treasury Portfolio 213,352 ---------- TOTAL SHORT TERM INVESTMENT (Cost $213,352) 213,352 ---------- TOTAL INVESTMENTS - 106.96% (Cost $3,113,791) 3,125,357 ---------- NET OTHER ASSETS AND LIABILITIES - (6.96)% (203,440) ---------- TOTAL NET ASSETS - 100.00% $2,921,917 ---------- * Non income producing security (a) 144A securities are those that are exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may only be resold in transactions exempt from registration which are normally those transactions with qualified institutional buyers. ADR American Depository Receipt GDR Global Depository Receipts See Notes to Financial Statements. HENDERSON GLOBAL FUNDS PORTFOLIO OF INVESTMENTS (UNAUDITED) HENDERSON INTERNATIONAL EQUITY FUND MARCH 31, 2008 (CONTINUED) OTHER INFORMATION: INDUSTRY CONCENTRATION AS % OF NET A PERCENTAGE OF NET ASSETS: ASSETS - -------------------------------------------------------------- Diversified Banks 8.37% Diversified Metal & Mining 8.01 Home Entertainment Software 5.30 Industrial Conglomerates 5.26 Real Estate Management & Development 5.09 Packaged Foods & Meats 4.91 Health Care Equipment 4.41 Industrial Machinery 4.18 Wireless Telecommunication Services 4.04 Investment Banking & Brokerage 3.02 Oil & Gas Exploration & Products 2.93 Oil & Gas Equipment & Services 2.86 Construction & Engineering 2.80 Diversified Commercial & Professional Services 2.69 Diversified Chemicals 2.46 Agricultural Products 2.29 Other Diversified Financial Services 2.13 Heavy Electrical Equipment 2.06 Asset Management & Custody Banks 2.05 Integrated Oil & Gas 1.91 Fertilizer & Agricultural Chemicals 1.82 Computer Hardware 1.75 Hotels, Resorts & Cruises 1.70 Trading Company & Distribution 1.60 Soft Drinks 1.59 Airlines 1.55 Construction, Farm Machinery & Trucks 1.52 Environment & Facilities Services 1.36 Regional Banks 1.35 Life Sciences Tools & Services 1.20 Electronic Equipment Manufacturing 1.11 Casinos & Gaming 1.11 Restaurants 1.07 Building-Heavy Construction 0.87 Diversified Capital Markets 0.80 Aerospace & Defense 0.50 Consumer Electronics 0.44 Electric Components & Equipment 0.31 Specialty Stores 0.26 Movies & Entertainment 0.20 Distillers & Vintners 0.19 Leisure Facilities 0.18 Commodity Chemicals 0.16 IT Consulting & Other Services 0.15 Apparel, Accessories & Luxury Goods 0.10 ----------- Long Term Investments 99.66 Short Term Investment 7.30 ----------- Total Investments 106.96 Net Other Assets and Liabilities (6.96) ----------- 100.00% =========== Henderson International Equity Fund Notes to Portfolio of Investments 1. All percentages are based on the net assets of the Henderson International Equity Fund (the "Fund") as of March 31, 2008. 2. Net unrealized appreciation of the Fund's investment securities was $11,566, of which $86,416 related to appreciated investment securities and $74,850 related to depreciated investment securities for the fiscal quarter ended March 31, 2008. 3. Securities traded on a recognized stock exchange or market are generally valued at the latest reported sale price or at the official closing price. Listed securities for which no sale was reported on that date and other securities traded in the over-the-counter market are valued at the mean between the last bid and asked prices. Short-term investments purchased with an original or remaining maturity of 60 days or less valued at amortized cost, which approximates market value. If market quotations are not readily available, or if the investment adviser determines that a quotation of a security does not represent a fair value, then the security shall be valued at a fair value as determined in good faith using procedures approved by the Trustees of the Fund. The Fund has retained an independent statistical fair value pricing service to assist in the fair valuation process for securities principally traded in a foreign market in order to adjust for possible changes in value that may occur between the close of the foreign exchange and the time at which Fund's shares are priced. If a security is valued at a "Fair value", that value may be different from the last quoted market price for the security. The Fund adopted Financial Accounting Standards Board Statement of Financial Accounting Standards No. 157, Fair Value Measurements ("FAS 157"), effective January 31, 2008. In accordance with FAS 157, fair value is defined as the price that the Fund would receive upon selling an investment in a timely transaction to an independent buyer in the principal or most advantageous market of the investment. Various inputs are used in determining the value of the Fund's investments. FAS 157 established a three-tier hierarchy of inputs to establish classification of fair value measurements for disclosure purposes. These inputs may be observable or unobservable. Observable inputs are inputs that reflect the assumptions market participants would use in pricing the asset or liability developed based on market data obtained from sources independent of the reporting entity. Unobservable inputs are inputs that reflect the reporting entity's own assumptions about the assumptions market participants would use in pricing the asset or liability developed based on the best information available under the circumstances. The inputs used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. The three-tier hierarchy of inputs is summarized in the three broad Levels listed below. o Level 1 - quoted prices in active markets for identical investments o Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.) o Level 3 - significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments) The following is a summary of the inputs used as of March 31, 2008 in valuing the Fund's investments carried at value: Henderson Global Real Estate Equities Fund Notes to Portfolio of Investments OTHER INVESTMENTS IN FINANCIAL VALUATION INPUTS SECURITIES INSTRUMENTS* Level 1 - Quoted Prices $3,125,357 $ 0 Level 2 - Other Significant Observable Inputs - - Level 3 - Significant Unobservable Inputs - - ------------------ ------------------- TOTAL $3,125,357 $ 0 ================== =================== *Other financial instruments include futures, forwards and swap contracts. Item 2. Controls and Procedures. (a) The registrant's principal executive officer and principal financial officer have evaluated the registrant's disclosure controls and procedures within 90 days of this filing and have concluded that the registrant's disclosure controls and procedures were effective, as of that date, in ensuring that information required to be disclosed by the registrant in this Form N-Q was recorded, processed, summarized and reported timely. (b) There were no changes in the registrant's internal controls over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) that occurred during the registrant's last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant's internal controls over financial reporting. Item 3. Exhibits. The certifications required by Rule 30a-2(a) under the Investment Company Act of 1940 (17 CFR 270.30a-2(a)) are attached hereto. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. HENDERSON GLOBAL FUNDS By: /s/ Sean Dranfield ------------------ Sean Dranfield President (principal executive officer) of Henderson Global Funds Date: May 23, 2008 Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated. By: /s/ Sean Dranfield ------------------ Sean Dranfield President (principal executive officer) of Henderson Global Funds Date: May 23, 2008 By: /s/ Scott Volk ---------------- Scott Volk Treasurer (principal financial officer) of Henderson Global Funds Date: May 23, 2008 EX-99.CERT 2 ex99cert.txt CERTIFICATION I, Sean Dranfield, President of Henderson Global Funds, certify that: 1. I have reviewed this report on Form N-Q of Henderson Global Funds; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; 3. Based on my knowledge, the schedule of investments included in this report, fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed; 4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have: (a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; (b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; (c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and (d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and 5. The registrant's other certifying officer and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions): (a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and (b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting. Date: May 23, 2008 By: /s/ Sean Dranfield ------------------ Sean Dranfield President (principal executive officer) of Henderson Global Funds I, Scott Volk, Treasurer of Henderson Global Funds, certify that: 1. I have reviewed this report on Form N-Q of Henderson Global Funds; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; 3. Based on my knowledge, the schedule of investments included in this report, fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed; 4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have: (a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; (b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; (c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and (d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and 5. The registrant's other certifying officer and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions): (a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and (b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting. Date: May 23, 2008 By: /s/ Scott Volk ---------------- Scott Volk Treasurer (principal financial officer) of Henderson Global Funds -----END PRIVACY-ENHANCED MESSAGE-----