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Fidelity bars new investments in another Woodford fund

Fund supermarket becomes the latest to turn its back on the struggling fund manager

Fidelity International, which runs one of the UK’s biggest fund supermarkets, has barred retail clients from making new investments in Neil Woodford’s Income Focus fund, a smaller counterpart to the Equity Income fund that was frozen earlier this month.

Fidelity will not prevent investors from withdrawing cash, however.

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