Fundsmith LLP
635.10p T Class Acc, 21 Sep 21

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 tax year 6th April 2021 to 5th April 2022, the overall investment limit is £20,000.00. You may only open one stocks and shares ISA per tax year.

 
Back to news

Fundsmith Long/Short fund

Back to news

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. 

It does not change how Fundsmith Equity Fund and our other funds are being run. Nor does it change Terry’s commitment to maintain his substantial investments in Fundsmith Equity and the other Fundsmith funds. 

Terry’s cautious nature has underpinned the success of Fundsmith Equity with its focus on a straightforward strategy to buy good companies, don’t overpay and do nothing. This will not change. 

Earlier in his career, Terry was best known for his best-selling book ‘Accounting for Growth’ which exposed bad companies and this remains an area of great interest to him. 

We do not intend to comment further on press speculation.