Woodford anyone?

[Mahogany]

Seeing a bit of hype lately around the upcoming Woodford Equity Income Fund, managed by ex-Invesco performer Neil Woodford. From what I can see it's opening up in June. Anyone thinking of taking a punt?

[Sideways Rich]

Yes, was reading about this the other day, tempted to put some money with him given his track record and investment style.

[ChasW]

The mailshot came today from HL promoting this launch

[BoRED S2upid]

ChasW said:

The mailshot came today from HL promoting this launch

I will be reading it later there will be tens of thousands investing with him it's got to be worth a punt after his track record you don't loose it just because your going it alone.

[Chainguy]

Have to admit I'm jumping in on this one. He has done well for me in the past (and I should have taken note on his stand on tech stocks back in the day) and HL give you a discount on the charge down to .6% anyways, so why not.

In it for the long term as well. 15ish years or so with my investment strategy.

[Patch1875]

Sold a couple of average funds to invest 5k into it.

[Mr Trophy]

I've been invested in this the last few months.

It was actually doing OK until the last 3/4 weeks

[nyt]

I chose Woodford over Fundsmith's FEET vehicle. Big mistake.

Mind you, Woodford is doing ok considering the stock market in general.

[Mr Trophy]

nyt said:

I chose Woodford over Fundsmith's FEET vehicle. Big mistake.

Mind you, Woodford is doing ok considering the stock market in general.

I was up about 7.3% from my switch on the 25th of June, so I couldn't complain.

[walm]

Mr Trophy said:

I've been invested in this the last few months.

It was actually doing OK until the last 3/4 weeks

Seriously?
You can't blame him for the market collapse.

[lockhart flawse]

His High Income fund has been the core of my portfolio since 2001. I kept my old Invesco Perpetual funds to see how the new guy does but sold a poor performing fund and added new cash for his new fund.

Bid price in June 2003 was 103.3p and today it's about 320p.

[Mr Trophy]

walm said:

Seriously?
You can't blame him for the market collapse.

I never said I was ?

[walm]

Mr Trophy said:

walm said:

Seriously?
You can't blame him for the market collapse.

I never said I was ?

Looked like you were aiming at him! Sorry.

[Mr Trophy]

walm said:

Looked like you were aiming at him! Sorry.

[DSLiverpool]

Going in now at what I guesstimate is a low entry point -

[CRB14]

I bought in a while back at around 102 (if i recall correctly). The entry doesn't really matter so much to me now as it'll be a long term accumulator which I hope to build on. The fairly low fee was quite appealing.

He has done really well for me previously so fingers crossed he can continue.

[Sideways Rich]

DSLiverpool said:

Going in now at what I guesstimate is a low entry point -

Indeed tempted myself, are you looking at CF Woodford equity income or the UK fund, he has two funds he's managing or do I have my wires crossed?

[megaphone]

Sideways Rich said:

DSLiverpool said:

Going in now at what I guesstimate is a low entry point -

Indeed tempted myself, are you looking at CF Woodford equity income or the UK fund, he has two funds he's managing or do I have my wires crossed?

I believe there is just one fund, CF Woodford Equity Income Fund, but it does come in two varieties . You can choose to take income (Inc), or for better growth you can re-invest the income to accumulate (Acc).

[nyt]

megaphone said:

Sideways Rich said:

DSLiverpool said:

Going in now at what I guesstimate is a low entry point -

Indeed tempted myself, are you looking at CF Woodford equity income or the UK fund, he has two funds he's managing or do I have my wires crossed?

I believe there is just one fund, CF Woodford Equity Income Fund, but it does come in two varieties . You can choose to take income (Inc), or for better growth you can re-invest the income to accumulate (Acc).

The fund is overcomplicated imho. 4 classes of share with different commission charges.

http://citywire.co.uk/money/woodford-equity-income...

You can buy the lower commission shares from a few sources. Hargreaves Landsdowne being in iirc.

[Mr Trophy]

I am on the Skandia platform - CF Woodford Equity Income - U (Acc)