• 09 March 2022

    Suspension of Janus Henderson UK Property Funds - March 2022

    The Board of Henderson Investment Funds Limited has suspended trading in the Janus Henderson UK Property PAIF and Janus Henderson UK Property Feeder with effect from 3 March 2022. The decision to suspend dealing is with a view to eventually closing the funds permanently and issuing proceeds to investors.

    Which funds are affected?

    • Phoenix Wealth Janus Henderson UK Property
    • Phoenix Wealth Janus Henderson UK Property S3
    • Phoenix Wealth Janus Henderson UK Property S4
    • Janus Henderson UK Property PAIF Feeder I Acc
    • Janus Henderson UK Property PAIF Feeder I Inc

    Why is this happening?

    Henderson Investment Funds Limited says the ongoing uncertainty in the UK over funds directly invested in property continues to lead many investors to sell their investment in funds in this sector. This trend means that Henderson are having to sell property assets in order to pay investors their returns and “will ultimately lead to the disposal of the most in demand and liquid properties within the portfolio”. In order to protect investors’ best interests, Henderson Investment Funds Limited have suspended the fund and are going to try to quickly sell all the fund’s property assets to a single buyer, which they feel would secure a better return for investors.

    What does this mean for customers invested in one of these funds?

    We are currently working out what this means for you and will continue to update our website as we receive further information. If there is an impact we will contact our customers directly.

    Where can I find out more?

    • You can find more information on this suspension, and the latest updates, on the Janus Henderson website.
    • You can also view details of the funds you're invested in online. To do this, you'll need to be registered for our online services. Registering is easy, just visit our registration page.
    • We will continue to update our website when we receive further information and will get in touch with you about your options as soon as possible. 

    In the meantime, if you have a query, you can call us on 0345 129 9993. We’re here from 8.30 to 5.30pm, Monday to Friday.