Link Fund Solutions, who have taken over the management of the fund from Woodford, made a third capital distribution to investors on 26th August 2020. A Q&A document from Link is attached.

LF Q&A Third Capital Repayment 20.8.20

Amounts vary in line with the number of units held in the fund. This was calculated as at 19th August 2020. You will be able to view the payment on your online account details, or we would be pleased to provide this information to you on request. Unless you have agreed an automatic rebalance of your portfolio, the payments will remain in cash within your accounts and can be discussed at your next review meeting – please let us know if you would like to make investment/withdrawal instructions prior to your review.

This represents a further total distribution of £183.15million, and brings the total now distributed to investors to just under £2.5billion.

Further distributions are expected but we do not currently have a timescale. We will report further when announcements are made.

If you have any specific queries, please contact your consultant or the admin team direct.