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Redemption Watch: Neil Woodford’s Income Focus fund – down and down

By Nigel Somerville | Friday 28 June 2019


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Yesterday I reported that Neil Woodford had had a (relatively) good day with his Income Focus Fund (WIFF) in that the NAV per unit had risen – even if redemptions had almost cancelled out the rise – leaving the fund with £298 million of assets. This morning’s news from Morningstar shows NAV per unit dropped gain yesterday and redemptions continued. It’s down and down.

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