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Redemptions Watch: Neil Woodford Income Focus Fund dribbles lower again

By Nigel Somerville | Wednesday 17 July 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.

This morning’s data from Morningstar shows that the NAV per unit of Neil Woodford’s Income Focus Fund put on a modest 0.05% yesterday. With the total fund having closed previously on £287.8 million that should have lifted the fund to £287.9 million before redemptions hit.

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