Fundsmit...

Price: 701.3300GBX

Change: icon-down-small -0.71%

Fundsmith Equity I Acc

Fundsmith Equity I Acc

ISIN:

GB00B41YBW71

Risk level:

1
2
3
4
5
6
7

FE fundinfo Rating:

2 of 5

IA Sector:

IA Global

Income type:

Accumulation

Price:

701.3300GBX

18 April 2024

Last change:

icon-down-small -0.71%

1 year change:

icon-up-small 8.75%

5 year annualised return:

10.12%

12 month yield:

0.00%

At a glance

At a glance performance and information

Eligibility:

Share Dealing Account Yes
ISA Yes
SIPP Yes

The value of investments, and income from them, can rise and fall so you may get back less than you invest. If you are unsure about investing, seek independent advice

Add to chart:

  • Fundsmith Equity I Acc
  • IA Global
  • Index

Discrete calendar year performance

Discrete calendar year performance
Investment 31/03/19 to 31/03/20 31/03/20 to 31/03/21 31/03/21 to 31/03/22 31/03/22 to 31/03/23 31/03/23 to 31/03/24
Fundsmith Equity I Acc 0.83% 29.67% 9.34% 2.19% 15.29%
IA Global -6.04% 40.59% 8.39% -2.65% 16.74%
N/A N/A% N/A% N/A% N/A% N/A%

Trailing returns

(*annualised)

Trailing returns
Investment 3 months 6 months 1 year 3 years* 5 years*
Fundsmith Equity I Acc 7.53% 12.37% 8.75% 5.76% 10.12%
IA Global 6.25% 11.43% 11.39% 4.38% 8.84%
N/A N/A% N/A% N/A% N/A% N/A%

Fund Objective: The fund’s objective is to achieve long-term (over 5 years) growth in value, investing in shares of companies on a global basis. The fund’s approach is to be a long-term investor in its chosen stocks and it will not adopt short-term trading strategies. The fund aims to invest in businesses: • that can sustain a high return on operating capital employed; • whose advantages are difficult to replicate; • which do not require significant borrowing to generate returns; • with a high degree of certainty of growth from reinvestment of their cash flows at high rates of return; • that are resilient to change, particularly technological innovation; • whose valuation is considered to be attractive; The fund will not invest in other funds, property or derivatives nor hedge any currency exposure. The fund will not borrow money, except in unusual circumstances. The fund is actively managed meaning that the fund manager uses their expertise to select investments to achieve the fund’s objective. The fund does not track and is not managed by reference to any particular benchmark. The fund does not have any specific geographical or sector focus. An investor, or prospective investor, may buy or sell their shares on demand each business day in the UK. Instructions to buy or sell received before noon will be implemented that day; instructions received after noon or on a non-business day will be implemented at noon on the next business day. For the Accumulation Shares, the dividends are reinvested in the fund. For the Income Shares, the dividends are paid out to you from the fund.

Manager name:

Fundsmith

Manager start date:

01 November 2010

Investment style:

*None

Region (geographical):

Global

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.

Benchmark:

N/A

Sector:

IA Global

FE fundinfo Rating:

2 of 5

Fees & charges

Fees and Charges

Fees and Charges
Charge Who receives this? What is it? Amount
Initial charge: The fund manager Charges applied by the fund management company for investing in their fund. Please note that Investment Managers may charge each time you buy new units or shares in a fund or trust. Where Investment Managers would have an entry charge, we will negotiate to have it waived so you will not be charged. 0.00%
Ongoing Charges: The fund manager The annual charge paid to a fund manager to cover the costs of running the fund. It is an estimate based on the actual amount charged in the previous year. 0.94%
Performance Fee: The fund manager A performance fee joins up the interest of the fund manager and their investors. A performance fee is taken when the fund beats pre-set conditions. N/A
Typical transaction cost: The fund manager The costs of dealing within a fund, which the Investment Manager must pay to continue managing the assets. This includes where the Manager decides to sell one stock and buy another. The costs will vary from one fund to another based on how often the Investment Manager trades and the costs applied when trading. 0.188%*
Dealing commission: iWeb The cost of buying or selling some or all of your investment. £5.00 (per online trade)

*This is an indication based on the market average. The fund’s actual transaction cost will be shown before you place a trade.

Account charges are not included

Breakdown

Asset Allocation

Fund size: 24,744,472,228.64 GBX

Chart date: April 18, 2024

Top 10 Holdings

Top 10 Holdings
Security Weight
Microsoft corporation 9.23%
Novo nordisk a/s 9.09%
L`oreal 7.08%
Meta platforms, inc. 5.66%
Stryker corporation 5.00%
Idexx laboratories inc 4.71%
Vmh moet hennessy louis vuitton 4.68%
Visa inc. 4.49%
Philip morris international 4.44%
Automatic data processing inc 3.99%

Sectors

Sectors
Sectors Weight
Health Care 27.50%
Consumer Staples 25.70%
Consumer Discretionary 12.00%
Information Technology 11.80%
Communications 10.30%
Industrials 5.80%
Financials 4.50%
Money Market 2.40%

World regions

World regions
Country Weight
USA 68.90%
Denmark 11.80%
France 10.80%
UK 3.60%
Spain 2.50%
Money Market 2.40%
ESG

What is ESG?

ESG stands for Environmental, Social and Governance and is an approach for evaluating to what extent a company works towards social goals. For investors this can be used in order to understand how their funds and the assets they are made up of work towards these goals and use that information to help make sustainable investment choices.

ESG Metric

Score

MSCI ESG Quality Score (0-10)

7.3

MSCI ESG Quality Score - Peer Percentile (0-100)

75%

MSCI ESG Quality Score - Global Percentile (0-100)

84%

Fund Environmental Impact Involvement (%)

0%

Fund Social Score Impact Involvement (%)

5%

Fund Severe Governance Controversies Involvement (%)

1%

EXPOSURE TO SUSTAINABLE IMPACT THEMES

EXPOSURE TO SRI EXCLUSIONS

EXPOSURE TO FOSSIL FUEL