Woodford Patient Capital Leaves FTSE 250

Ejection of the investment trust from the mid-cap index is the latest blow to the manager, whose equity income fund gated three months ago this week

James Gard 6 September, 2019 | 12:41AM

Exit sign

Woodford Patient Capital Trust (WPCT) is one of the most high-profile casualties of the quarterly reshuffle of FTSE companies, with the under-pressure investment trust being ejected from the mid-cap FTSE 250 index.

The relegation caps a miserable summer for fund manager Neil Woodford, whose equity Income fund gated three months ago this week.  

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
F&C Investment Trust Ord546.00 GBX-1.97
Witan Ord151.40 GBX-1.05
Woodford Patient Capital Trust22.00 GBX2.44

About Author

James Gard  is content editor for Morningstar.co.uk

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