investors woodford: The suspension only affects the single fund, which has been the most popular among retail investors, according to The Guardian. Woodford's Income Focus Fund and Patient Capital Trust will continue trading. A statement on the investment manager's website said dealings in Woodford Equity Income Fund were suspended after an increased level of redemptions . It said the move intended to protect investors and give Woodford time to sell off investments, including in private companies. The City watchdog the Financial Conduct Authority said The FCA is aware of this situation and in contact with the firms involved to ensure that actions undertaken are in the best interests of all the fund's investors. The sudden outflows have helped slash the total value of the fund from 4.3bn on 1 May to 3.7bn by the end of May, according to data from ratings agency Morningstar. Woodford's equity income fund has shrunk by 600m in one month, including at least 187m worth of redemptions and the rest represented by a fall in the value of the fund's investments.
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