Fundsmith Equity Fund
709.00p T Class Acc, 24 Apr 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 Announces New Partner Appointments

Back to news

Fundsmith LLP (‘Fundsmith’), the fund management company founded by Terry Smith, announces the appointment of eight new Partners from across its portfolio management, research, operations and sales teams.

The new Partners are:

Paul Mainwaring Chief Financial Officer
Simon Barnard Portfolio Manager - Smithson Investment Trust
Will Morgan Assistant Portfolio Manager - Smithson Investment Trust
Jonathan Imlah Research
Thomas Boles Research
Hugo Cardale Sales - Asia, Scandinavia & Family Offices
Peter Jackson Sales - UK, Ireland & Middle East
Amar Patel Head of IT and Chief Information Security Officer

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

“I am delighted to welcome many long-standing and integral members of the team, from across the breadth of our operations, as new Partners. By further aligning their interests with the success of the firm we will ensure the business continues to develop and strengthen as we seek to deliver a world class service to investors.”

Fundsmith Equity Fund

The Fundsmith Equity Fund offers investors a high quality, concentrated portfolio of 20-30 resilient global growth companies which are held for the long term. Since inception to the end of April 2022, the fund’s AUM has grown to £25.5bn and it has delivered a total return of 496.4% or 16.8% annualised, net of fees.

For further information please contact:
Charlotte Balbirnie
+44 (0)7989 528421

Caroline Villiers
+44 (0)7808 585184

About Fundsmith

Fundsmith is focused on delivering superior investment performance at a reasonable cost. It was established to be different from its peers so as to achieve a different result in line with Sir John Templeton’s axiom that “If you want to have a better performance than the crowd, you must do things differently from the crowd.” The rigorous research process of Fundsmith is central to what we do. We apply exacting standards to potential investments to produce a portfolio of resilient businesses with excellent performance. Minimising the costs we incur on behalf of our customers in implementing our strategy also sits at the heart of our philosophy.

Fundsmith was established in 2010 by Terry Smith. The business is owned and controlled by its partners, who have worked closely together over many years, and is headquartered in London with offices in Mauritius and Connecticut, USA. It is structured to survive Terry Smith’s demise and continue with the same investment philosophy. All partners of the firm have a significant coinvestment in our Funds delivering a clear alignment of interest. Ancillary activities are outsourced to some of the world's leading providers in order to deliver high quality operations whilst allowing the Fundsmith team to focus on the investment analysis and portfolio management and customer care.