What we are saying

What we are saying

Fundsmith

Fundsmith Appointment

Fundsmith LLP, the fund management company founded by Terry Smith, announces the appointment of Paul Mainwaring as Chief Financial Officer.

Fundsmith Long/Short fund

You may have seen some media articles about a new fund that we have recently registered, the Fundsmith Long/Short Fund. The fund has been set-up to manage a portion of Terry’s assets that had hitherto been invested in bonds where yields are now near zero. The fund is not run by Terry Smith or being marketed to investors. Read the full statement...

Beware of Email Phishing

Beware of emails purporting to be from Fundsmith which have fake reply addresses using the domains; FUNDSMTH.CO.UK FUNDSMTIH.CO.UK FUNDSSMITH.CO.UK FUNDSSMTH.CO.UK
Source

Fundsmith Appoints IFA Sales Director

Fundsmith LLP (‘Fundsmith’), the fund management company founded by Terry Smith, announces the appointment of Scott Chivers as Sales Director to independent financial advisors (‘IFAs’), strengthening its customer relationship team.
Source

Response to The Sunday Times article

Fundsmith is aware of an article published in The Sunday Times on 24 March 2019 alleging that we fail to abide by FCA rules on portfolio disclosure. Fundsmith has always prided itself on being at the vanguard of investor communications and The Sunday Times has now published a prominent apology.
What others are saying

What others are saying

Investors Chronicle

Investors Chronicle - Terry Smith talks big tech, fraud and ESG

Terry Smith, Fundsmith's chief executive and chief investment officer, fields the IC's questions about his portfolio and some of the biggest investment trends of today. He shares his views on China, the limits of ESG investment and some of the flagship fund's biggest holdings.
De Tijd

De Tijd - 'Beursreactie op coronacrisis heeft weinig met beleggen te maken'

‘De forse beursverliezen door de coronacrisis zeggen meer over de tijdelijke massahysterie van de maatschappij dan over beleggen. Wie belegt in goede bedrijven moet zich geen zorgen maken, ook niet in crisistijden als deze.' Dat zegt de Britse fondsbeheerder Terry Smith, die door zijn beursprestaties de Europese Warren Buffett wordt genoemd.
What Terry Smith is saying

What Terry Smith is saying

Financial Times

Financial Times - There are only two types of investors

There is a lot to lose and little to gain from market timing I last wrote about the problems of so-called market timing in these pages in 2013 (Market timing: don't try this at home). With the Covid-19 pandemic dominating the news and recent volatility on world stock markets, you may have heard a lot about market timing again.
Money Observer

Money Observer - Fundsmith’s Terry Smith: forecasters are like Michael Fish

Tumult, turbulence and turmoil are just the words beginning with the letter T used by commentators to describe the behaviour of stock markets in October. I think it’s always good to look at the definition of the words we are being asked to accept. For example: turmoil, noun: a state of great disturbance, confusion, or uncertainty . synonyms: confusion, upheaval(s), turbulence, tumult, disorder.
Financial Times

Financial Times - Busting the myths of investment: who needs income?

There seems to be something so alluring about dividend income that it often seems to lead investors to abandon common sense or be encouraged to do so by the investment industry. For example, how many times have you heard it said that the majority of returns from investment in equities comes from reinvestment of the dividends?