In response to renewed concerns surrounding liquidity for UK Equity Income funds highlighted by recent press reports, Mark Barnett, would like to further reassure clients that liquidity is very closely managed in his Invesco Income and Invesco High Income funds.Continue reading “Invesco Income and High Income -Update on portfolio liquidity”
The FCA has provided its approval for the winding up of the Fund to commence on 18th January 2020. Therefore, the final valuation of the assets will occur on 17th January.
Link will begin paying investors the first proceeds of the sale on or around 30th January, a little later than previously thought. Proceeds from the sale will be paid into the cash facility of the product(s) you hold at the beginning of February, retaining the ISA wrapper if applicable. Please note if the fund was held within a GIA – you may be liable for capital gains tax – please check with your tax adviser if necessary.
Once in your cash facility you will be able to switch the proceeds of the sale into another fund, or withdraw as cash. If withdrawing from an ISA you will lose the tax benefits associated with the ISA wrapper.
If any further information becomes available we will publish this on our website.
If you require further information or have any questions about this, please contact our customer services team on 08085 498 477 or email email@example.com.
Please note that our opening hours will change during the festive period. Our offices will be closed from 11am on 24th December until 9am on 2nd January.Continue reading “Christmas Opening Hours”
It has been announced today (20th December) that Link Asset Services have appointed Aberdeen Standard to be the new investment manager to the fund. This will come into effect from 31st December 2019 and the fund will be managed by Charles Luke and Thomas Moore.Continue reading “Woodford Income Focus – update”
Following on from yesterday’s announcement about the closure of Woodford Equity Income it has been announced that Woodford Investment Management will be shut down.Continue reading “Woodford Investment Management Closure”