Investors in the LF Equity Income fund, formerly run by Neil Woodford, will receive 75.55% of the value of the assets of the fund in the first capital distribution, priced between 46p and 59p per unit they hold, Link Fund Solutions has said.
In a letter to investors, the fund's ACD announced that £2.2bn, equivalent to 75.55% of the value of the assets of the fund, has been generated through the sale of assets. After removing costs, £2.1bn...
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