Fundsmith Equity Fund
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).

 

Archive

  1. The Telegraph

    The Telegraph - Is this the next Tesco?

    Terry Smith appreciated Tesco's problems earlier than most. Now he identifies another world-famous company that canny investors would do best to avoid.

    By The Telegraph, Terry Smith
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  2. Financial Times

    Financial Times - Never invest just to avoid tax

    Terry Smith points out that people who invest just to avoid tax often fail to look as closely as they should at fee structures and would be better off putting money into something they really want to own.

    By Financial Times, Terry Smith
    Read more
  3. Financial Times

    Financial Times - Market timing: don’t try this at home

    Terry Smith writes that trying to time markets can achieve the opposite of what is desired and points out that there are only two types of investors – those who know they can’t make money from market timing, and those who don’t know they can’t.

    By Financial Times, Terry Smith
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  4. Financial Times

    Financial Times - Lessons from the Tour de France

    Terry Smith explains what investors can learn from the Tour de France - like cycling, investing is a test of endurance and the winner will be the investor who finds a good strategy or fund and sticks with it.

    By Financial Times, Terry Smith
    Read more