Fees, costs and past performance: Questions for LF ASI Income Focus

  Aberdeen Standard Investments (ASI) confirmed last week the LF ASI Income Focus fund would reopen under new managers Thomas Moore and Charles Luke, who are still in the process of offloading Woodford's favoured domestically-focused stocks and replacing them with more internationally-facing businesses. Having "sold down [the] structurally challenged companies", as well as shifted to a larger average market cap, the LF ASI Income Focus fund already looks radically different from its previous iteration, with the top ten holdings entirely changed under Moore and Luke. Notably, the p...