AIMS Fund Management Limited, the Responsible Entity of the AIMS Property Securities Fund (the "Fund") is providing the market with the following update. The current market conditions are uncertain, as a result of the COVID-19 pandemic. In the best interests of the Fund's Unitholders, the prudent course of action is to cease distributions from the June quarter onwards. This will strengthen the Fund's financial position, in the event of unforeseen future capital requirements. This position will be regularly reviewed and distributions will be reinstated, once the market presents clear signs of recovery and stability.