Fundsmith Equity

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Fundsmith Equity I Acc

Category Global Large-Cap Growth Equity


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This fund can be held in an Investment ISA, SIPP and Investment Account
Last buy/sell price

£6.4581

arrow-up£0.038 (+0.59%)

Fund Code

FDEIA

B41YBW7

GB00B41YBW71

Prices updated as at 22 Sep 2021
|
Prices in GBP

Investment objective
The investment objective of the Fund is to achieve long term growth in value.The Fund will invest in equities on a global basis. The Fund’s approach is to be a long-term investor in its chosen stocks. It will not adopt short-termtrading strategies.

Company name
Fundsmith LLP
Fund launch date
01 Nov 2010
Domicile
United Kingdom
UCITS
Yes
Fund manager
Terry Smith
Manager start date
01 Nov 2010
Fund manager biography
Terry Smith graduated in History from University College Cardiff in 1974. He worked for Barclays Bank from 1974-83 and became an Associate of the Chartered Institute of Bankers in 1976. He obtained an MBA at The Management College, Henley in 1979. He became a stockbroker with W Greenwell & Co in 1984 and was the top-rated bank analyst in London from 1984-89. In 1990 he became head of UK Company Research at UBS Phillips & Drew, a position from which he was dismissed in 1992 following the publication of his best selling book Accounting for Growth. He joined Collins Stewart shortly after, and became a director in 1996. In 2000 he became Chief Executive and led the management buy-out of Collins Stewart, which was floated on the London Stock Exchange five months later. In 2003 Collins Stewart acquired Tullett Liberty and followed this in 2004 with the acquisition of Prebon Group, creating the world's second largest inter-dealer broker. Collins Stewart and Tullett Prebon were demerged in 2006 with Terry remaining CEO of Tullett Prebon until September 2014. In 2010 he founded Fundsmith where he is CEO and CIO. In 2012 he was appointed a Member of the New Zealand Order of Merit for services to New Zealand-UK relations following the success of his campaign to commemorate the New Zealander, Air Marshal Sir Keith Park."
Head office
Fundsmith LLP
33 Cavendish Square
London
United Kingdom
W1G 0PW
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