Funds News 

Fidelity stops investors putting money into LF Woodford Income Focus

Fidelity stops investors putting money into LF Woodford Income Focus

Investment platform Fidelity is no longer allowing its users to put money into LF Woodford Income Focus Fund (GB00BD9X7109), although it remains open to trading. “We believe this is in the best interests of our platform clients unless and until uncertainties are resolved,” stated Fidelity. “We are not restricting withdrawals from Woodford Income Focus, and the restrictions are a temporary and precautionary measure. This does not affect Woodford Patient Capital Trust (WPCT).”

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now