Further to our previous communication about property fund suspensions issued in December 2019, we have provided an update. There has been valuation uncertainty following the extreme market volatility experienced in relation to Covid-19. Several UK Property funds have been suspended citing ‘material uncertainty’ relating to the manager’s inability to provide accurate asset valuations. In order to protect the interests of the existing shareholders, the investors will not be able to access or sell out of the funds until the suspensions are lifted.
M&G Property Portfolio (& feeder)
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