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Fundsmith Equity

Ranked 114 out of 607 in - Global over 12 months
All calculations are in GBP unless stated

Managed by

Terry Smith

Terry Smith was born and is currently based in London where he is the CEO of Fundsmith. He studied history at University College Cardiff and went on to attend The Management College in Henley. Terry 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 Terry enjoys shooting and other sports including rugby and skiing.

Objective

The Fundsmith Equity Fund will invest in equities on a global basis. The Company’s approach is to be a long-term investor in its chosen stocks. It will not adopt short-term trading strategies. The aim of the Company is to achieve long term growth in value.

Showing fund performance in United Kingdom View performance globally

Performance

Global over : 31/12/2015 - 31/12/2016

Total Return

Quarterly Performance

to 30/12/2016 Annual Q1 Q2 Q3 Q4
2016 28.3% 6.9% 9.0% 8.0% 2.0%
2015 16.0% 5.9% -4.6% 1.6% 13.1%
2014 23.6% 1.4% 2.8% 5.4% 12.6%
2013 25.6% 18.6% 2.6% -1.9% 5.2%
2012 12.8% 6.3% 1.2% 3.8% 1.0%
2011 8.6% -0.2% 5.7% -4.3% 7.6%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/10/2016

Top 10 Holdings

Stock Size
Amadeus IT Group SA ORD 5.35
Microsoft Corp ORD 5.34
C R Bard Inc ORD 4.69
PayPal Holdings Inc ORD 4.52
PepsiCo Inc ORD 4.43
Stryker Corp ORD 4.35
Philip Morris International Inc ORD 4.23
J M Smucker Co ORD 4.19
Johnson & Johnson ORD 4.13
IDEXX Laboratories Inc ORD 4.11
31/10/2016

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date01/11/2010
  • Share Class size4,057Mn
  • Base currencyGBP
  • ISIN GB00B41YBW71

Purchase Info

  • Min. initial investment5Mn
  • Min. regular additional investment0

Charges

  • Annual management0.90%
  • Initial investment0

Related News

Business booms at Terry Smith’s fund firm

Fundsmith poured almost £30 million into a Mauritius-based company set up by its partners two years ago after another bumper year for the boutique.

Terry Smith tops fund sales again; Fidelity hits 10-year high

The Pridham report shows Fundsmith attracted the biggest net inflows for the third successive quarter, while Fidelity's sales hit a 10-year high.

Uncovered: the three boutiques making bumper profits

For all of the talk about fee pressure, there are smaller firms proving if you deliver consistently, you can generate fat margins and bumper profits.

Backing your fund: does Terry Smith have a point?

Terry Smith’s call for mandatory disclosure of UK managers holdings in their own funds has been widely rebuffed by the wealth industry.

Terry Smith pours £115m into his top performing fund

Smith is believed to have lifted his investment in the Fundsmith Equity fund to £200 million after selling his Tullett Prebon stake.

Fundsmith bags £1bn despite industry’s worst ever Q2

Terry Smith’s Fundsmith Equity fund was the standout winner as investors panicked about Brexit, pulling in £1.29 billion gross and £1.02 billion net, according to the latest Pridham report.

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