Subject to regulatory approval from the Financial Conduct Authority (the “FCA”), we have decided to close the M&G Property Portfolio and its feeder M&G Feeder of Property Portfolio. In order to uphold investors’ best interests while we’re seeking approval from the FCA, effective from 12:00 on Thursday 19 October 2023, we have suspended dealings in both funds.
In April 2021 M&G confirmed it would waive its Annual Charge on cash held above 20% of the M&G Property Portfolio’s Net Asset Value until the end of 2021. Following a review by the Fund’s Authorised Corporate Director, M&G will continue this waiver until further notice.
Portfolio transaction costs (PTCs) are costs incurred when buying or selling underlying investments. They are composed of direct and indirect transaction costs. Find out more information on PTCs in our fund charges document or view the PTCs associated with a fund in our fund charge calculator.
The value and income from the fund's assets will go down as well as up. This will cause the value of your investment to fall as well as rise. There is no guarantee that the fund will achieve its objective and you may get back less than you originally invested. Past performance is not a guide to future performance.