By Nigel Somerville | Sunday 9 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.
I have warned in the strongest terms that Neil Woodford’s Income Focus fund (IFF) will be gated and repeat that warning today. Last weekend I warned that the noose was tightening over EIF (call me Mystic Meg) and today I give the same advice on IFF. In the light of the suspension of Woodford’s flagship Equity Income fund (EIF) on Monday, I warned that the rush to the exit at IFF would be extreme and this morning’s figures bear that out with bells on.
Become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.
Filed under:
Friday »
Thursday »
Wednesday »
Tuesday »
Monday »
Sunday »
Saturday »
Friday »
Thursday »
Wednesday »
Tuesday »
Monday »
Sunday »
Saturday »
Friday »
Wednesday »
Tuesday »
Monday »
Sunday »
Saturday »
Friday »
Wednesday »
Tuesday »
Monday »
Sunday »
Saturday »
Friday »
Thursday »
Wednesday »
Time left: 09:46:22