Aberdeen Property Fund
Current Status; Suspended
No current information on when the suspension will be lifted. Deals placed after suspension will be traded on 11 July (subject to a 17% dilution levy for withdrawals). The same applies to associated feeder funds.
Aviva Investors Property Trust
Current Status; Suspended
Aviva are reviewing the position on a daily basis and have advised that they will inform us when the suspension is lifted.
Henderson UK Property
Current Status; Suspended
Henderson have advised that the position will be reviewed at least every 28 days. The same suspension applies to all associated feeder funds.
M&G Property Portfolio
Current Status; Suspended
M&G have advised that they will review the position at least every 28 days. The same suspension applies to all associated feeder funds.
Standard Life UK Real Estate
Current Status; Suspended
Standard Life are intending to lift the suspension as soon as possible, and the position will be formally reviewed every 28 days. The same suspension applies to all associated feeder funds.
Threadneedle UK Property Fund
Current Status; Suspended
No indication at this stage of when the suspension will be lifted, but Threadneedle Columbia are reviewing the position on an ‘ongoing basis’. The same suspension applies to all associated feeder funds.
F&C UK Property Fund
Current Status; Trading
This fund is currently open for trading. BMO Global Asset Management (which runs the fund) has applied a fair value pricing adjustment. As of 7 July this is 5%. This adjustment also applies to associated feeder funds.
Kames Property Income Fund
Current Status; Trading
Kames has applied a fair value pricing adjustment. As at 7 July this adjustment is 10%.
Legal & General UK Property Fund
Current Status; Trading
Legal & General has applied a fair value pricing adjustment. As at 6 July this is 15%. It has also reviewed the pricing of the fund to reflect that they are not currently purchasing new property. This affects all associated feeder funds.
Contact
If you are a current client of Pareto and have questions regarding recent developments, please contact your adviser who will be happy to help. Alternatively, if you are not yet a client of ours and would like to speak to one of our experts ,please call us on 0161 819 1311.
