Fundsmith Equity Fund
557.06p T Class Acc, 05 Jul 22

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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 tax year 6th April 2022 to 5th April 2023, the overall investment limit is £20,000.00. You may only open one stocks and shares ISA per tax year.

 

Archive

  1. Financial Times

    Financial Times - Where's the beef?

    Terry Smith discusses how the popular US catchphrase 'Where’s the beef?' is relevant to the current predicament of McDonald’s, the world's largest fast food operator.

    By Financial Times, Terry Smith
    Read more
  2. Fidelity

    Fidelity - Three steps to heaven

    Terry Smith details Fundsmith's simple three stage investment process - invest in good companies, don't overpay, and then do nothing.

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

    Financial Times - Why I don’t own bank shares

    Terry Smith explains the reasons why he doesn't own bank shares, despite being the once top-rated banking analyst in the City, and points out that having an understanding of banks would make anyone more wary of investing in them.

    By Financial Times, Terry Smith
    Read more