Fund management company Fundsmith has teamed up with Bowel & Cancer Research to sponsor cycle jerseys for the charity’s fundraisers.

The Fundsmith Equity Fund, launched in November 2010 by Terry Smith as the main vehicle for his own investments, has set a new standard in portfolio turnover delivering a negative portfolio turnover of -0.19% for the period to 30th June 2012.

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.

The Fundsmith Equity Fund launched in November 2010 by Terry Smith as the main vehicle for his own investments has reached £533m of assets under management. Since launch the Fund has outperformed by 18.1% delivering a return of 28.0% versus the MSCI World’s 9.9% return* and it is currently ranked 1st out of more than 200 funds in the IMA Global sector since launch and over one year to 31st July**.

Terry Smith, Chief Executive of Fundsmith comments on today's FSA Platform consultation paper

“At Fundsmith we continue to invest in good companies at reasonable valuations and then do the most difficult thing: as little as possible."

Fundsmith today announces that it is the first UK fund management company to use the recent UCITS IV legislation allowing them to launch a regulated SICAV feeder fund in Luxembourg.

Fundsmith today announces plans to launch a Junior ISA. As the latest savings initiative from the Government to promote investing for children, Fundsmith would welcome the Junior ISA investment limit being raised 20% to £3,600 and would also encourage the Government to convert Child Trust Funds to Junior ISAs to aid simplicity, broader consumer adoption and equal opportunities for all children to maximise their savings.

Fundsmith, the new asset management company founded by Terry Smith, announces that direct investors can now invest in the Fundsmith Equity Fund ISA online, at www.fundsmith.co.uk. The Fundsmith website also now has the functionality for direct investors to choose between Accumulation and Income Units.