The Fundsmith Equity Fund launched in November 2010 by Terry Smith as the main vehicle for his own investments has been awarded a Bronze Rating by Morningstar OBSR.
Morningstar OBSR cited how the Fund’s investment principles are likely to resonate strongly with many investors, making it a strong choice for those seeking a lower-risk global equity fund. Whilst it is early days for the Fund, Terry Smith’s long-term, distinctive approach and strong focus on delivering consistent, positive risk-adjusted returns again make this a strong choice. Furthermore, communication with clients is of the highest order and investors’ interests are truly aligned with those of Fundsmith who stand out with their client focused, long-term investment approach.
Terry Smith, Founder and Chief Executive of Fundsmith, said:
“I am delighted to have received this Morningstar OBSR Rating that clearly recognises both our investment principles and the alignment of our investors’ interests alongside our own.”