Deals placed after mid-day on the 4th December 2019, for the M&G Feeder of Property Portfolio will not be accepted and will be applied to the appropriate product cash facility. You can arrange for investment of these monies into any open fund via your Aegon Customer Dashboard – or get in contact with your Financial Planning Manager if you feel you need advice.
The fund will continue to be actively managed by the fund manager who will also continue to report on any investment activity as normal. M&G have confirmed that "in recognition of customers' temporary inability to access their investment", they will be waiving 30% of its annual charge, which will end when the fund resumes dealing.
Depending on your levels of trading online through your Aegon Customer Dashboard, and your attitude to risk, your money held within a property fund should represent only a small proportion of your overall investment portfolio, which could also include; government bonds (GILTS), corporate bonds and equities.
Your fund continues to be invested and securely held for your benefit. Like any investments, the value can go down as well as up and you may not get back the money originally invested.
You may have altered or created a new portfolio during the period the fund suspended. Please see our FAQs below for guidance in this situation.