Fundsmith Equity Fund
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690.94p T Class Acc, 19 Apr 24
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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).

 

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Financial Times - Fundsmith challenges fund fee norms with new trust - Fund management company will absorb all launch costs for Smithson Investment Trust

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Financial Times
By Claer Barrett, Financial Times

Read the FT's article on the launch of Smithson Investment Trust by clicking here.

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