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

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

The views of the author and any people interviewed are their own and do not constitute financial advice. 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. Before you make any investment decision make sure you’re comfortable and fully understand the risks. If you invest in fund or trust make sure you know what specific risks they’re exposed to. Past performance is not a reliable guide to future returns. Remember all investments can fall in value as well as rise, so you could make a loss.