Recently, there have been a number of fund suspensions in the UK property sector because the Covid-19 virus has impacted the independent valuers’ ability to value UK property held as underlying investments in the funds.
This lack of accurate valuations is in turn making the calculation of share or unit prices difficult, which would leave investors open to a material risk if they were trying to buy or sell these assets. To address this, suspensions have been put in place.
If you are a client of Sanlam you can find out more on how this may impact you in this Q&A document.