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Fundsmith Equity

Ranked 39 out of 653 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.


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


Global over : 31/12/2016 - 31/12/2017

Total Return

Quarterly Performance

to 31/12/2017 Annual Q1 Q2 Q3 Q4
2017 22.1% 8.4% 4.7% 0.0% 7.6%
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



Top 10 Holdings

Stock Size
Amadeus IT Group SA ORD 5.44
PayPal Holdings Inc ORD 5.22
C R Bard Inc ORD 5.07
Microsoft Corp ORD 4.84
Stryker Corp ORD 4.71
IDEXX Laboratories Inc ORD 4.60
Waters Corp ORD 4.38
InterContinental Hotels Group PLC ORD 4.33
Novo Nordisk A/S ORD 4.05
Philip Morris International Inc ORD 4.02

Registered For Sale In

  1. Singapore
  2. South Africa
  3. United Kingdom

Fund Info

  • Launch date01/11/2010
  • Share Class size6,432Mn
  • Base currencyGBP
  • ISIN GB00B41YBW71

Purchase Info

  • Min. initial investment5Mn
  • Min. regular additional investment0


  • Annual management0.90%
  • Initial investment0.9

Related News

Terry Smith bags £8m as Fundsmith profit rockets

Profit at Terry Smith's investment firm more than quadrupled in 2017 to £14.2 million as assets under management surged beyond £10 billion.

Profile: Sanlam's south west boss on the foundations of vertical integration

Since Finnigan joined the company via Sanlam’s purchase of Principal Investment Management just over nine years ago, the office which would become the core of the group’s south west team has more than doubled

Terry Smith opens up Comic Relief portfolio

Strong performance of mandate Smith has been running for the charity for the last three years has inspired Fundsmith to launch a sustainable fund.

Terry Smith to launch sustainable equity fund

The fund has been registered with the FCA and will sit alongside Smith's top-selling £12 billion global equity fund.

Revealed: the most popular funds held by multi-managers

Research from Harrington Cooper shows the most popular funds held by 32 balanced multi-manager portfolios.

ISA season: 10 top traded funds in March

The Share Centre has revealed the top 10 traded funds in the final month of the financial season.

Fundsmith nears £10bn but Hargreaves not convinced

Hargreaves Lansdown says manager Terry Smith does not have a long enough track record to make it into the Wealth 150

Investment Trust Watch: Terry Smith looking 'cheap'

Star fund manager Terry Smith's emerging markets investment trust has lagged rivals, leaving the shares looking 'cheap'.

Fundsmith tops 2016 sales as Fidelity and Aviva Investors rise up

Fundsmith topped the fund sales charts in an extraordinary 2016, which also saw giants Aviva Investors and Fidelity near the top of the league.

Terry Smith 'remains amazed' by macro gambles

In his annual letter to shareholders, Smith says he can't fathom the number of investors willing to second-guess global macro.


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