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Neil Woodford’s Income Focus Fund – redemptions accelerating as the fund loses more than £100m in Eight days

By Nigel Somerville | Wednesday 12 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.

This morning’s data from Neil Woodford’s Income Focus Fund (IFF) will be a real worry for Nomates. As at midday yesterday, the NAV of the accumulation units had slipped slightly by 0.33% but the size of the fund plunged to £371.31 million.

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