Link to reopen former Woodford fund

LF ASI Income Focus fund

Link Fund Solutions has written to investors to announce that the LF ASI Income Focus fund (formerly the LF Woodford Income Focus fund) will reopen on 13 February.

Aberdeen Standard Investments was appointed as the new investment manager on 31 December 2019, following the suspension of the fund in the wake of the Woodford debacle. Update: Woodford Income Focus yield target to change From 13 February, the suspension of dealings will be lifted, and investors will be able to buy and sell shares according to the first valuation at midday. Applications to buy or sell shares will be accepted from midday on 12 February but will not be processed until the valuation point the following day. Link has agreed to waive its fees from the period 20 Decem...