Quick Stats

Bid Price GBX 1,002.00 Offer Price GBX 1,054.00
Mid Price - Day Change GBX -5.00 (-0.50%)
Price Date 23 Nov 2017 Crown Rating 1
Shares Class Inc. Yield 3.40 %
Total Expense Ratio 1.84 Fund Size 1,657,312,887.81
Launch Date 02/01/1992 Standard Initial Charge (%) 5.00
Currency GBX ISA Eligible Yes
Annual Management Charge (%) 1.37 Sector IMA UK Equity Income
Min Investment (£) 1,500.00 Total Expense Ratio (%) 1.84
ISIN GB0007667883 Min TopUp (£) 1,000.00

Fund Objective

The fund aims to achieve an above average level of income and to achieve capital growth over the medium to long term. To achieve this, the fund invests predominantly in shares issued by UK companies and can also invest in shares in global companies.

Fund Managers

Neil Woodford
Neil began his career with the Dominion Insurance Company having graduated with a degree in Economics and Agricultural Economics from the University of Exeter in 1981. He pursued postgraduate studies in Finance at the London Business School during the mid-1980s before joining Eagle Star as a fund manager in 1987. In 1988, Neil moved to Henley-based fund manager Perpetual (now Invesco Perpetual), where he forged a formidable reputation running two of the UK’s biggest and most successful retail funds – Invesco Perpetual Income and Invesco Perpetual High Income. In April 2014, Neil left Invesco Perpetual to set up Woodford Investment Management LLP, where he is Head of Investment. He is the lead fund manager on the firm’s flagship retail fund the £8.54bn CF Woodford Equity Income fund, which raised a record £1.6bn during a two-and-a-half week launch offer period in June 2014. He also manages Woodford Patient Capital Trust, the £800m investment trust launched in April 2015 that invests predominantly in early-stage and early-growth businesses. Neil was appointed Commander of the Order of the British Empire (CBE) for services to the economy in the 2013 Queen’s Birthday Honours.