Elite Rated CF Woodford Equity Income beats all 72 peers since launch

Sarah Culver 01/02/17 in Income investing, Elite Funds news

When Neil Woodford left Invesco Perpetual three years ago, many faithful investors followed him to his new start-up business, Woodford Investment Management, switching their money to his new fund, Elite Rated CF Woodford Equity Income.

And their loyalty has been rewarded. The fund has returned 25.92% for investors since its launch (with income reinvested), beating its index, the FTSE All Share (15.35%), and every single one of its peers: it is the top performing fund out of 73 funds in the IA UK Equity Income sector*. A very impressive achievement.

Income investors and Neil Woodford fans will therefore be interested to know that he will be launching a new fund towards the end of March 2017.

CF Woodford Income Focus will differ from CF Woodford Equity Income in the following ways:

  1. It will aim to generate a higher income
  2. It will be UK-focused but will have no geographical constraints – so it will be able to invest in overseas companies if the manger thinks appropriate
  3. It won’t invest much in unquoted companies. Neil likes to invest a portion of the Woodford Equity Income fund in unquoted companies as they can often be very exciting, early stage, investment growth opportunities. However, they rarely offer a yield, so would not have a place in the new income portfolio unless the growth opportunity is too good to ignore.

*Source: FE Analytics, total returns in sterling from 2 June 2014 to 31 January 2017

This article is provided for information only. The views of the author and any people quoted are their own and do not constitute financial advice. The content is not intended to be a personal recommendation to buy or sell any fund or trust, or to adopt a particular investment strategy. However, the knowledge that professional analysts have analysed a fund or trust in depth before assigning them a rating can be a valuable additional filter for anyone looking to make their own decisions. Past performance is not a reliable guide to future returns. Market and exchange-rate movements may cause the value of investments to go down as well as up. Yields will fluctuate and so income from investments is variable and not guaranteed. You may not get back the amount originally invested. Tax treatment depends of your individual circumstances and may be subject to change in the future. If you are unsure about the suitability of any investment you should seek professional advice. Whilst FundCalibre provides product information, guidance and fund research we cannot know which of these products or funds, if any, are suitable for your particular circumstances and must leave that judgement to you. Before you make any investment decision, make sure you’re comfortable and fully understand the risks. Further information can be found on Elite Rated funds by simply clicking on the name highlighted in the article.

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