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Fundsmith Equity T Acc

Ranked 74 out of 743 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 : 31/01/2018 - 31/01/2019

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 size2,400Mn
  • Base currencyGBP
  • ISIN GB00B4Q5X527

Purchase Info

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

Charges

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

Related News

Terry Smith spices up fund with first buy since Facebook

Filing to US regulator reveals identity of company in which star manager has been building a stake since October.

Terry Smith takes fight to rivals over charges and defends Facebook buy

Terry Smith outlines all-in cost of investing in Fundsmith Equity versus that of rivals, tackling claims his fund is expensive.

Terry Smith bags millions more as business booms

According to accounts filed at Companies House, Fundsmith's pre-tax profits in the 12 months to 31 March 2018 rose from £14.2 million to £21 million

Woodford survives Hargreaves Lansdown Wealth 150 cull

The fund buy list has been slashed to around 60 funds, with Neil Woodford's two funds making the final cut, despite a period of poor performance

Woodford can’t shake off rival Smith as both enter FTSE 250

Simultaneous entry of Woodford Patient Capital and Smithson investment trusts into FTSE 250 points to rivalry of their star investors but underscores how Terry Smith has supplanted Neil Woodford as UK’s most successful fund manager.

The Rightmove? Terry Smith's first Smithson investments

Smithson, star fund manager Terry Smith’s new global smaller companies investment trust, releases some details of its 29 investments, which include a stake in British property portal Rightmove.

Baillie Gifford stands tall as fund sales tumble

Net fund sales in the third quarter tumbled to their lowest since the immediate aftermath of the Brexit referendum more than two years ago

Smith beats Woodford with record £822m Smithson IPO

(Update) Terry Smith has raised a record £822.5 million for his new Smithson investment trust, beating the previous peak for an investment company flotation, or initial public offer (IPO), set by Neil Woodford’s Patient Capital trust three years ago.

Blue Whale attacks top Nick Train and Terry Smith stock Sage

'The competition is killing it slowly', says Blue Whale Growth manager Stephen Yiu, as Nick Train addresses Sage's troubles.

Fundsmith set to be crowned UK's biggest fund

Citywire AAA-rated Terry Smith's top-performing Fundsmith Equity fund is on course to become the UK's biggest, just eight years since launching.

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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).