M&G Property Portfolio asset sales post Brexit

4 August 2016

M&G believes suspension is the best way to protect the interests of all the Fund's shareholders. It allows the fund manager time to raise cash levels in a controlled manner so that asset disposals can be achieved at reasonable values.

M&G aims to reopen trading in the fund as soon as practically possible - once conditions in the commercial property market become more normal and the fund manager has raised sufficient cash in the portfolio.

The figures below provide information regarding asset sales that have taken place during the period 24 June to 5 August 2016.

M&G Property Portfolio completed Sales since 24 June – 5 August

M&G Property Portfolio completed Sales since 24 June - 5 August
Asset Disposals
Value of completed sales £107.5
Number of assets sold
Value of assets in solicitors hands
Fund cash position (%)
Cyveillance Protected

The value of investments will fluctuate, which will cause fund prices to fall as well as rise and investors may not get back the original amount invested. 
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