If you have dividend payments from the M&G Property Portfolio Fund or the M&G Feeder of Property Portfolio Fund paid straight out to your bank account, you will receive them as normal.
If you have a withdrawal plan that involves selling shares in the M&G Property Portfolio Fund and the M&G Feeder of Property Portfolio Fund, we will not be able to do this. If there is not enough cash in your account to cover your income payment, we will sell some of your investments in a different fund. We will do this in line with any instructions you have given us with your withdrawal plan – typically, it will mean selling some of your largest fund holding by value.
If M&G Property Portfolio Fund or M&G Feeder of Property Portfolio Fund is the only fund you have with us, and there is no cash in your account, we may not be able to make a payment to you, though we will send you any dividends from the fund that have arrived in your account as cash.