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Friday, May 03, 2019 11:29:28 PM
“But in an admission that his performance had let savers down, the 59-year-old stock-picker said his flagship Woodford Equity Income Fund would no longer invest in firms which are not listed on the stock market. (Was my foregone conclusion since late 2015! despite ALL the persistent nonsense~a 1,000 posts hereof Woodford averaging down his ~$6.85 avg cost per share coming from “a drove of inexperienced investors”)
Woodford said: 'Undoubtedly, the past three years have been difficult for our clients. Ultimately, the criticism I receive is driven by performance.'
The Equity Income Fund has lost savers 7.6pc of their investment in the last three years, while the average fund in the Investment Association's UK All Companies sector has returned 30 per cent”
Time will prove me right: Woodford says shares WILL soar after Brexit
Daily Mail
Uk firms are currently ‘profoundly undervalued’, and are set for an exuberant post-Brexit rally if the UK maintains a close relationship with the EU after leaving, argues Neil Woodford. Read the full story
DIFFERENT STROKES FOR DIFFERENT FOLKS
DIFFERENT STROKES FOR DIFFERENT FOLKS
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