Fundsmith Equity Fund
692.28p T Class Acc, 23 Jul 24

Invest with us

£
 
Payment type
 

An ISA (Individual Savings Account) is a savings account available to UK residents on which the return is tax-free and which need not be declared on the investor’s tax return. All income (dividends and interest) and all capital gains within the account are free of tax. For the current year, 6 April 2024 to 5 April 2025 the overall investment limit is £20,000 (excluding the British ISA which has a separate £5,000 limit).

 
Back to news

Fundsmith's Terry Smith Awarded AA Citywire Rating

Back to news
Terry Smith, who launched and manages the Fundsmith Equity Fund, has been awarded a AA Rating by Citywire.

 

According to Citywire, “you can be sure a rated manager has done a great job of maintaining and growing the wealth of their investors…All managers who have a three-year performance history are eligible for a Rating, but only those who have consistently beaten their benchmarks receive one.” 


Citywire rates managers not funds, applying a quantitative methodology approved by AKG, an independent actuary, to measure risk-adjusted returns rather than simply seeing how much money fund managers have made. The ratings evaluate a fund manager’s performance against their direct competitors, with less than 20% of all active fund managers in the UK achieving a Citywire Rating. 


The Fundsmith Equity Fund, the main vehicle for Terry Smith’s own investments, offers investors a high quality, concentrated portfolio of 20-30 resilient global growth companies which are held for the long term. Since inception to 31st May 2013, the fund’s AUM has grown to £1.5bn and has delivered a total return of 60.1%.

 
Terry Smith, Founder and Chief Executive of Fundsmith, said:

 

“I am very pleased to have been awarded a AA Citywire rating. When we launched Fundsmith, my goal was to run the best fund there is through delivering the highest return over a long period of time, adjusted for risk. Citywire’s rating shows that we are on course.”