Guardian Trust has announced that it will make the first repayment of capital to investors in Guardian Mortgage Fund on 16 March. The initial partial redemption will comprise 15% of each investor’s holdings in the Fund.

The Guardian Mortgage Fund is being wound up and repayments made following a meeting of investors on 4 February. Guardian Trust will announce the timing and amount of the second capital repayment once determined. Whilst market conditions remain challenging, the company is working hard to repay investors and preserve their capital. Clients can expect to be kept updated quarterly on progress.