Fundsmith Equity Fund
632.54p T Class Acc, 25 Oct 21

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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 2021 to 5th April 2022, the overall investment limit is £20,000.00. You may only open one stocks and shares ISA per tax year.

 

Archive

  1. Terry Smith

    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 Terry Smith
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  2. Terry Smith

    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 Terry Smith
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  3. Terry Smith

    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 Terry Smith
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