Charles Stanley Direct (CSD) has removed Neil Woodford's £6.7bn Equity Income fund from its Foundation Fundlist, amid concerns performance is "increasingly impacted" by a small number of early-stage businesses.
Although the firm praised Woodford's experience and performance as "one of the most talented and well-known fund managers in the UK", the fund has been removed the fund from the lis of CSD's highest conviction...
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Subject to shareholder approval
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