Today marks the release of the first fully disclosed portfolio for the CF Woodford Income Focus Fund. You can find the full list of portfolio holdings here, as at 30 April 2017.
The portfolio contains a number of familiar companies but, with a stronger focus on income generation, the new fund’s portfolio is also quite different, with several holdings not currently present in the equity income fund.
As with that fund, however, Neil has been keen to capture some of the contrarian opportunity he currently sees in domestically-focused cyclical stocks which we believe have become too cheap to ignore in the wake of last year’s Brexit vote.
As Neil explains: