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Dealing Resumption - Henderson UK Property Fund

Daily dealing intended to resume from 12 noon on Friday 14 October 2016.

Impacts on
these products

From noon on 5 July 2016, dealing in the Henderson UK Property PAIF and its associated Feeder Fund was suspended. This was in response to extraordinarily heavy redemptions following the result of the European Union (EU) referendum and the consequential suspension of a number of other authorised property funds, which put exceptional liquidity pressure on the PAIF. The suspension was taken in the interests of all investors to allow time for the fund managers to conduct an orderly sale of some properties in the portfolio to enable the funds to re-open to daily dealing as soon as practicable.


Intended resumption of client dealing

Following the most recent review of progress to prepare the funds for a resumption of client dealing, the Board of Henderson Investment Funds Limited (HIFL), the authorised corporate director (product provider) for the funds, intends to end the current dealing suspension with effect from midday on Friday 14 October 2016. The decision to resume dealing has been taken in agreement with the funds’ Depositary, National Westminster Bank Plc. The Financial Conduct Authority (FCA) has also been informed.


What happens now?

The move to reopening means client subscriptions and redemptions for acceptance on 14 October 2016 may be placed with Henderson at any time from start of business on 21 September 2016.


• There will be no significance in terms of the order in which deals are received ahead of noon on 14 October 2016 – all deals will be accepted at noon on 14 October 2016 and receive the price of the respective class at that valuation point.


For more information please view the shareholder notification and sample letter opposite.

Notifications

Sample letters