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.