Fundsmith Equity T Acc

Ranked 18 out of 756 in - Global over 12 months
All calculations are in GBP unless stated

Managed by

Terry Smith

Terry Smith was born in and is currently based in Mauritius, where he is the CEO of Fundsmith. He studied history at University College Cardiff and went on to attend The Management College in Henley. Smith has accumulated a large amount of experience in a number of roles including CEO of Collins Stewart and working at UBS Philips & Drew. In 2010 he set up Fundsmith where he runs the Fundsmith Equity Fund, a large cap global equity portfolio. Outside of work Smith enjoys shooting and other sports including rugby and skiing.

Objective

The funds objective is to achieve long-term growth in value, investing in shares of companies on a global basis. The fund's approach is to be a long-term investor in its chosen stocks and it will not adopt short-term trading strategies. The fund aims to invest in businesses that can sustain a high return on operating capital employed, whose advantages are difficult to replicate, which do not require significant borrowing to generate returns, with a high degree of certainty of growth from reinvestment of their cash flows at high rates of return, that are resilient to change, particularly technological innovation.

Showing fund performance in United Kingdom View performance globally

Performance

Global over : 28/02/2018 - 28/02/2019

Total Return

Quarterly Performance

to 01/01/2019 Annual Q1 Q2 Q3 Q4
2018 2.2% -4.7% 12.3% 5.6% -9.6%
2017 22.0% 8.4% 4.6% 0.0% 7.6%
2016 28.2% 6.8% 9.0% 8.0% 2.0%
2015 15.9% 5.9% -4.7% 1.5% 13.0%
2014 23.5% 1.4% 2.7% 5.4% 12.5%
2013 25.5% 18.6% 2.6% -1.9% 5.2%
2012 12.7% 6.3% 1.2% 3.7% 1.0%
2011 8.5% -0.2% 5.7% -4.3% 7.5%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/12/2018

Top 10 Holdings

Stock Size
PayPal Holdings Inc ORD 6.09%
Microsoft Corp ORD 5.74%
Amadeus IT Group SA ORD 5.06%
Novo Nordisk A/S ORD 4.44%
Waters Corp ORD 4.36%
Reckitt Benckiser Group PLC ORD 4.28%
PepsiCo Inc ORD 4.28%
Intuit Inc ORD 4.07%
Stryker Corp ORD 4.04%
Philip Morris International Inc ORD 4.01%
31/12/2018

Registered For Sale In

  1. Singapore
  2. South Africa
  3. United Kingdom

Fund Info

  • Launch date01/11/2010
  • Share Class size2,520Mn
  • Base currencyGBP
  • ISIN GB00B4Q5X527

Purchase Info

  • Min. initial investment1,000
  • Min. regular additional investment100

Charges

  • Annual management1.00%
  • Initial investment0.00%

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).