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).



  1. What Investment - Shares versus bonds: why we undervalue near-certainty

    Terry Smith thinks the market puts too great a value on bonds compared to the highest-quality shares. Imagine a close relative of yours is gravely ill, and you have the chance to buy a drug that would increase their chances of survival by 10 per cent. What would you pay for the drug?

    By What Investment, Nick Britton
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  2. BBC Question Time

    David Dimbleby chairs Question Time from Luton. On the panel: Transport Secretary Justine Greening MP, Shadow Olympics Minister Tessa Jowell MP, former leader of the Liberal Democrats Paddy Ashdown, comic actor & broadcaster Tony Robinson and the businessman Terry Smith.

    By BBC, David Dimbleby
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  3. Financial Times - Terry Smith to Launch Own Fund

    Terry Smith, the combative City broker, is to launch an assault on Britain’s fund management industry with an aggressively priced pitch at retail and institutional investors.

    By Financial Times, Alistair Gray
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