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New Woodford Equity Income fund

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Comments

  • xylophone
    xylophone Posts: 45,774 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    And what about Bill Mott and Psigma? Hardly a stellar performance?

    And yet I am considering the Woodford fund....
  • grey_gym_sock
    grey_gym_sock Posts: 4,508 Forumite
    to be fair, woodford is planning to invest in the same way he has until now. which is unlike william littlewood, who came back with a very different style of fund; or anthony bolton, who switched to a different market.

    on the other hand, bill mott has done less well, despite managing a similar kind of fund to previsouly. and anthony nutt's performance record has deteriorated while he's stayed at the same fund (jupiter income). perhaps past performance just isn't a good indicator ...
  • le_loup
    le_loup Posts: 4,047 Forumite
    I'm going in for a small (2.5%) of my investments as I move away from smaller caps. Woodford did serve me reasonably well from 2002 to 2013 so I've made up my mind to do it and, as I invest for income, the 4% target will suit me fine.
  • jimjames
    jimjames Posts: 18,934 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    edited 1 June 2014 at 9:48AM
    talexuser wrote: »
    ps Hargreaves have just advertised a reduced 0.6% TER for the Woodford fund. Any other platforms with discounts?

    0.15% discount doesn't outweigh the 0.45% platform fee vs 0.25% at Cavendish though.
    Remember the saying: if it looks too good to be true it almost certainly is.
  • Drp8713
    Drp8713 Posts: 902 Forumite
    Ninth Anniversary 500 Posts
    jimjames wrote: »
    0.15% discount doesn't outweigh the 0.45% platform fee vs 0.25% at Cavendish though.


    So if you want to invest £10000 in this fund you would recommend going to Cavendish with a worse website and quality of service to save £5 a year?


    I know this is MSE but I don't think less than 2p a day per £10k invested is really going to make much difference.
  • le_loup
    le_loup Posts: 4,047 Forumite
    edited 1 June 2014 at 1:19PM
    Drp8713 wrote: »
    So if you want to invest £10000 in this fund you would recommend going to Cavendish with a worse website and quality of service to save £5 a year?


    I know this is MSE but I don't think less than 2p a day per £10k invested is really going to make much difference.
    Yes but!
    For 10k - so what?
    But if you have 100 - 200 -300k in this and other funds which many do, you'd be mad to stay with H-L ... or too rich to care!
  • bigadaj
    bigadaj Posts: 11,531 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper
    Drp8713 wrote: »
    So if you want to invest £10000 in this fund you would recommend going to Cavendish with a worse website and quality of service to save £5 a year?


    I know this is MSE but I don't think less than 2p a day per £10k invested is really going to make much difference.

    There's also the transfer out costs at hl for example.
  • Totton
    Totton Posts: 981 Forumite
    It don't take long to make an interesting thread yet another anti-HL one. You guys are monotonous :-)
  • gadgetmind
    gadgetmind Posts: 11,130 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Totton wrote: »
    It don't take long to make an interesting thread yet another anti-HL one.

    Which parts of this thread do you feel are anti-HL?
    I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.

    Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.
  • melbury
    melbury Posts: 13,251 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've been Money Tipped!
    If I decide to buy some it will be through Fidelity as I already have an account with them.
    Stopped smoking 27/12/2007, but could start again at any time :eek:

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