Janus Henderson adjusts pricing approach on £2.8bn Property fund

With effect from 25 March 2019, the funds will move from being dual priced on a quoted-spread basis to being dual priced on a full-spread basis. At the same time, the group said it will reduce the initial charge on both funds' A shares/unit classes to zero. Dual priced on a quoted-spread basis means a separate buying (quoted offer) price and selling (quoted bid) price are set with a narrower spread than the full spread. The basis for these prices varies depending on supply and demand for the shares/units of the funds. Dual priced on a full spread basis means that the spread is more stabl...