|Fund manager||Neil Woodford|
|Fund name||LF Woodford Income Focus Fund|
|Fund sector||IA UK Equity Income sector|
|Benchmark||FTSE All Share Index|
|Investment objective||To provide a high level of income* together with capital growth|
|Fund type||UCITS (UK)|
|Inception||20 March 2017|
|Launch price||£1.00 per share (all share classes)|
|Share classes||A, C, X, Z – Acc & Inc|
|Fund size (GBP)||£257.96m|
|Geographic exposure||No restrictions|
|Exposure to unquoted securities||None|
|Eligible for ISA investment?||Yes|
|Eligible for SIPP investment?||Yes|
* The fund manager will aim to deliver an income of 5p per share per annum. Investors should be aware that there is no guarantee that any specific level of dividend or yield will be achieved over any given time period.
Historical yield 7.5%The historical yield refers to the C income share class and reflects the distributions declared over the past 12 months as a percentage of the share price, as at 31 August 2019. Investors may be subject to tax on the their distribution. The ongoing charges figure of the fund is charged to capital, so the income of the fund may be higher but capital growth may be restricted or capital may be eroded, by a similar amount.
View historical dividend payments
Source: Financial Express, Woodford
|1 month||3 months||Year-to-date||1 year||Since launch
|LF Woodford Income Focus (C Acc)||-6.18||-13.66||-13.83||-26.49||-27.76|
|FTSE All Share index||-3.57||1.98||11.12||0.44||8.46|
|IA UK Equity Income sector||-3.45||0.22||8.37||-3.75||2.17|
|LF Woodford Income Focus (C Acc)||-||-||-||-1.20||-23.96|
|FTSE All Share index||-||-||-||9.02||0.57|
Past performance cannot be relied upon as a guide to future performance.
Source: Financial Express on a total return basis, with net income reinvested.
The fund’s performance may be compared against the following benchmarks (referred to as ‘comparator benchmarks’): The FTSE All Share Total Return Index is representative of the universe of assets in which the fund may invest and may assist investors in evaluating the fund’s performance against UK equity returns. The fund also uses the IA UK Equity Income Sector as a comparator as investors may find it useful to compare the performance of the fund with the performance of a group of the fund’s peers. Many funds sold in the UK are grouped into sectors by the Investment Association (the trade body that represents UK investment managers). The comparator benchmark has been selected as we consider it assists investors in evaluating the fund’s performance against the performance of other funds invested in similar assets. The fund is not constrained by the benchmarks and may take positions that differ significantly from the benchmarks.
|Barratt Developments||Consumer Goods|
|Honeycomb Investment Trust||Financials|
|Theravance Biopharma||Health Care|
|Bovis Homes||Consumer Goods|
|Imperial Brands||Consumer Goods|
|Crest Nicholson||Consumer Goods|
|Taylor Wimpey||Consumer Goods|
While investor dealing in the LF Woodford Equity Income Fund is suspended and we work to reposition its portfolio, we will only be showing the top ten holdings of our three funds.
We firmly believe this is in the best interests of investors.
|Industry||Fund (%)||Benchmark (%)|
|Oil & Gas||0.00||13.38|
|Cash and near cash||0.84||0.00|
Prices and fees
|XD dates||1 February
|Payment dates||End March
|Year end||31 January
(Interim 30 July)