Woodford's £8bn Equity Income fund at risk of IA UK Equity Income sector expulsion

Failing to meet FTSE All Share yield

Laura Dew
Fund manager Neil Woodford

Fund manager Neil Woodford

Neil Woodford's £8bn Equity Income fund could potentially be removed from the IA's UK Equity Income sector if it does not lift its yield to match 100% of the FTSE All-Share yield by the end of the year.

Funds are at risk of expulsion if they either fail to achieve 90% over one year or 100% over three years. So far, Woodford (pictured) has failed to achieve 100% in both 2015 and 2016. According to...

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