Further to our last update on 28 April 2022, we are pleased to confirm that the sale of the Fund’s direct property portfolio has completed today (31 May 2022).

There are several administrative tasks to undertake to process the property sale through the funds’ accounting records and we will work to complete this over the next two weeks. We now expect to be able to instruct the payment to return proceeds to you and issue the final prices on 16 June 2022. Payments will settle on 22 June 2022.

We’d like to take the opportunity to remind you that if you hold your investment in a Janus Henderson ISA then you should complete the form of direction we sent you in March, available  from our website https://www.janushenderson.com/download/document/134947

We’d also like to thank you again for your patience whilst we complete the sale process.