Woodford anyone?

Author
Discussion

Mahogany

Original Poster:

382 posts

208 months

Saturday 10th May 2014
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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

1,110 posts

176 months

Sunday 11th May 2014
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Yes, was reading about this the other day, tempted to put some money with him given his track record and investment style.

ChasW

2,135 posts

201 months

Saturday 31st May 2014
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The mailshot came today from HL promoting this launch

BoRED S2upid

19,643 posts

239 months

Saturday 31st May 2014
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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

4,381 posts

199 months

Tuesday 3rd June 2014
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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

4,893 posts

131 months

Tuesday 3rd June 2014
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Sold a couple of average funds to invest 5k into it.

Mr Trophy

6,808 posts

202 months

Wednesday 29th October 2014
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I've been invested in this the last few months.

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

nyt

1,803 posts

149 months

Wednesday 29th October 2014
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I chose Woodford over Fundsmith's FEET vehicle. Big mistake.

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

Mr Trophy

6,808 posts

202 months

Wednesday 29th October 2014
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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

10,609 posts

201 months

Wednesday 29th October 2014
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Mr Trophy said:
I've been invested in this the last few months.

It was actually doing OK until the last 3/4 weeks shoot
Seriously?
You can't blame him for the market collapse.

lockhart flawse

2,040 posts

234 months

Wednesday 29th October 2014
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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

6,808 posts

202 months

Wednesday 29th October 2014
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walm said:
Seriously?
You can't blame him for the market collapse.
I never said I was ?

walm

10,609 posts

201 months

Wednesday 29th October 2014
quotequote all
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

6,808 posts

202 months

Wednesday 29th October 2014
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walm said:
Looked like you were aiming at him! Sorry.
beer

DSLiverpool

14,672 posts

201 months

Thursday 30th October 2014
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Going in now at what I guesstimate is a low entry point -

CRB14

1,493 posts

151 months

Thursday 30th October 2014
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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

1,110 posts

176 months

Friday 31st October 2014
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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

10,694 posts

250 months

Friday 31st October 2014
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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

1,803 posts

149 months

Friday 31st October 2014
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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

6,808 posts

202 months

Friday 31st October 2014
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I am on the Skandia platform - CF Woodford Equity Income - U (Acc)