Four of these are now classified under the IMA’s UK All Companies sector while one remains in an unclassified division.
The £1.4bn St. James's Place UK High Income Fund, one of three mandates handed to Neil Woodford, has left the sector. Others include the £37m S&W Church House Balanced Value & Income Fund and the £111m Henderson Global Care UK Income Fund.
Two Invesco Perpetual funds complete the list: last week the investment company confirmed that the Income Fund and the UK Strategic Income Fund shifted IMA sector. Both funds are run by Mark Barnett.
The S&W Church House Balanced Value & Income Fund is the only fund that has yet to be re-classified.
Funds are placed into the IMA sector whose criteria they meet and are moved by the IMA when they no longer meet the criteria.
In March, Invesco Perpetual confirmed the sector change of its High Income Fund, which has been positioned in the IMA UK All Companies sector from 31 March.
