Who is taking a punt on CF Woodford fund?

sabretoothtigger

Shame it is not an IT and it would be good to trade the premium on it, forget the holdings buy the hype

When would it first declare its holdings


https://www.fidelity.co.uk/investor/latest-news-neil-woodford-new-fund-launch.page?utm_medium=email&utm_source=Fidelity+Direct&utm_campaign=4270650_20140612_marketing_manual_woodford_last_chance&utm_content=woodfordwebinar&dm_i=MRY,2JJ96,9MVCEZ,99R3E,1#3

lentrix92

im in ....

Jonbvn

Sort of feels like Anthony Boltons foray into China after doing so well with Special Situations.

Will hang fire...

brasso

Jonbvn wrote: »

Sort of feels like Anthony Boltons foray into China after doing so well with Special Situations.

Will hang fire...

I don't know how you can say that before the fund has even shown its face in public.

There is one massive difference between Woodford's and Bolton's ventures. Woodford is staying in the same territory where he's achieved his success in the past -- UK income stocks that he perceives as undervalued. Bolton turned his attention to China, a sector that he himself later admitted he little understood. On his own admission he had to rely on advice from others that later turned out to be unreliable.

So I'd have much more confidence in the prospects for Woodford's fund. I'm not totally naive, and I realise that it could all go pear-shaped but I have decided to take a stake in the new fund. I've not been taken in by the suggestion that an early investment will give some sort of advantage, but I've recently become disillusioned with my own ability to spot a sure-fire share (Quindell anybody?) and am leaning back towards a more passive buy-and-hold approach. OK, so the Woodford fund is an active fund but he doesn't jump around too much and his judgment has been much better than mine, so I think it's worth the annual HL fee.

organic_wanabe

I must admit that my feelings echo those of Brasso. DH and I are investing in it. I have held IP High Income since before Perpetual merged with Invesco and it has done very well for us. We are not expecting quick results but, god willing, are in for the long term.

ChesterDog

I have split my original Invesco High Inc pot between it and NW.

le_loup

Up 0.1% on day one! I'm rich! I'm rich!

robatwork

le_loup wrote: »

Up 0.1% on day one! I'm rich! I'm rich!

Time to crystallize quickly!

le_loup

Unfortunately, I can't do that 'til Monday.
But that does give me two days to buy a big house and a Lamborghini!

Jonbvn

brasso wrote: »

I don't know how you can say that before the fund has even shown its face in public.

Get a grip! I didn't say it was exactly the same??? However, you must surely agree that the whole "Big name manager opens new fund" bears some resemblence to Bolton.