Neil Woodford has more than thirty years’ experience in the UK fund management industry, over which time he has delivered outstanding long-term performance to his investors. Neil was appointed a Commander of the Order of the British Empire (CBE) in 2013 for services to the economy and, in the same year, announced his intention to set up his own fund management business. Woodford Investment Management was established in 2014 and Neil is the fund manager of the LF Woodford Equity Income and Income Focus Funds and the Woodford Patient Capital Trust.
Fund objective
Objective To provide a level of income together with capital growth. Investment Policy To seek to invest at least 70% in shares of UK listed companies. It may also invest in unlisted companies, overseas entities and derivatives. It is not anticipated that the use of derivatives will have a significant adverse effect on the risk profile of the fund. The fund has the discretion to invest without the need to adhere to a particular benchmark. You can buy and sell shares in the fund every business day. Income from the fund will be added to the value of your investment. Derivatives may be used for investment purposes and to manage the risk profile of the fund. Recommendation: This fund may not be appropriate for investors who plan to withdraw their money in the shorter term (e.g. less than 3-5 years).