Fundsmith Equity Fund
695.87p T Class Acc, 08 Oct 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).

 

Archive

  1. Fundsmith

    Fundsmith and Aditum Launch UAE Domiciled Feeder Fund

    Fundsmith LLP, the fund manager founded by Terry Smith in 2010, has launched a new feeder fund, the Fundsmith Global Equity Fund IC Open Ended Plc, in partnership with Aditum Investment Management Limited, a leading DFSA-regulated asset management firm.

    By Fundsmith
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  2. Fundsmith

    Beware of Fraudulent WhatsApp Groups

    Beware of fraudulent WhatsApp groups and text messages purporting to be from members of the Fundsmith team suggesting trading ideas, requesting money transfers, job offers or asking you to click a link to download a file.

    By Fundsmith
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  3. Peter Van Maldegem

    L'Echo - Terry Smith (Fundsmith Equity): "Interest rates? Companies are our focus"

    Terry Smith has been managing the international equity fund Fundsmith Equity since 2010. With an average return of 15.1% per year since its creation, he has not stolen his title of "European Warren Buffett". As a general rule, the fund beats passive investors who have opted for an index fund by four percentage points each year. And every year until 2021, Smith also significantly outperformed the market.

    By Peter Van Maldegem, L'Echo
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  4. Terry Smith

    Financial Times - Why I never invest in bank shares

    Having spent the first decade of my career working in a bank and then becoming a top-rated bank analyst, I find that people often express surprise that I never invest in bank shares. But I think it is precisely because I understand banks that I never invest in their shares. The recent events surrounding the collapse of Silicon Valley Bank (“SVB”) and Credit Suisse reinforce this stance. Why?

    By Terry Smith, Financial Times
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  5. Jonathan Eley

    Financial Times - Why investors have largely shelved retail shares

    They are defensive, they generate stacks of cash, they are highly consolidated and much better run than they used to be. So why do investors not want to own UK supermarkets, which have underperformed the wider market for more than a decade?

    By Jonathan Eley, Financial Times
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