Woodford Breaches Unquoted Limit - Again

The Woodford Equity Income fund has breached the 10% limit for unquoted investments as Benevolent AI and Industrial Heat delist from the Guernsey Stock Exchange 

Holly Black 31 July, 2019 | 10:25AM

 woodford

The Woodford Equity Income fund has again breached the 10% limit of the proportion of the fund invested in unquoted assets.

Woodford Investment Management confirmed that shares in Benevolent AI and Industrial Heat had been delisted from the Guernsey stock exchange, “inadvertently” causing the fund to breach the limit. 

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Holly Black  is Senior Editor, Morningstar.co.uk

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