Funds & ETFs 

Woodford to launch high-income fund

Woodford to launch high-income fund

Renowned fund manager Neil Woodford is to launch a new fund targeting higher equity income in March 2017. The CF Woodford Income Focus fund will target an income of 5p a share in 2018, in contrast to CF Woodford Equity Income (GB00BLRZQB71) which pays 4p a year and growth-focused Woodford Patient Capital Trust (WPCT).

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