Fundsmith Equity Fund Breaks Through £500M AUM

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**.

Fundsmith Plans Junior ISA For Government Launch Date

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 Launches Online ISA Capability & Further Web Functionality

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.

Fundsmith Appoints Another Sales Director

Fundsmith, the new asset management company founded by Terry Smith, announces the appointment of Conrad Rey as Sales Director to Intermediaries having recently announced the appointment of Catherine Evans as Institutional Sales Director.

A Fundamental Approach to Investing From Terry Smith

Fundsmith is a new asset management company established by Terry Smith because he believes that most existing equity funds have not delivered what they promised. Fundsmith will be the main vehicle for his own investments. Instead of the multitude of expensive poor performing funds which investors currently have to choose from, the Fundsmith Equity Fund will offer investors the opportunity to invest alongside him in a high quality, concentrated portfolio of 20-30 resilient global growth companies which are held for the long term. The portfolio has no benchmark or sector constraints.
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