This policy setting hides the Properties menu command on the shortcut menu for the My Documents icon. If you enable this ...

This policy setting hides the Properties menu command on the shortcut menu for the My Documents icon.

If you enable this policy setting, the Properties menu command will not be displayed when the user does any of the following:

Right-clicks the My Documents icon.
Clicks the My Documents icon, and then opens the File menu.
Clicks the My Documents icon, and then presses ALT+ENTER.

If you disable or do not configure this policy setting, the Properties menu command is displayed.