By Nigel Somerville | Tuesday 3 September 2019
Disclosure: I own shares in one or more of the stocks mentioned. 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.
At the weekend I noted that Neil Woodford was blaming the markets for his terrible underperformance – it was nothing to do with him, natch. Yesterday the FTSE100 put on 1% and the FTSE All-Share, his benchmark for both the Woodford Equity Income Fund (WEIF) and his Income Focus Fund (WIFF), put on 0.93%. But according to Morningstar, those two funds only put on 0.61% and 0.70% in NAV per unit respectively.
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