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Suspension and proposed closure of the M&G Property Portfolio and M&G Feeder of Property Portfolio

Subject to regulatory approval from the Financial Conduct Authority, M&G have decided to close the M&G Property Portfolio and its feeder M&G Feeder of Property Portfolio. They have stated that in order to uphold investors' best interests while seeking approval from the FCA, effective from 12:00 on Thursday 19th October 2023 they have suspended dealing in both funds. This means that instructions to buy, sell or switch in or out of units in the funds will no longer be accepted after 12:00 on 19th October 2022.

M&G have written to investors in the fund to inform them of the reasons for their decision along with further details of the closure.

If you have any questions regarding this, please don't hesitate to get in touch.

- uploaded - 26 October 2023

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Elson Associates does not offer advice as to the suitability of investments. If you are unsure whether an investment is suitable for you, you should obtain expert advice. Past performance of an investment is not necessarily a guide to its performance in the future. The value of investments or income from them may go down as well as up. You may not necessarily get back the amount you invested.

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