Fundsmith Equity I Acc (Accumulation)

Price as at 11 August 2020
5.17 GBP
Last change
icon-down-small -0.40%
1 year change
icon-up-small 7.08%
5 year annualised return
12 month yield
Morningstar rating
5 of 5
Risk level

The value of your investment and any income from it can go down as well as up and you may get back less than you invested. Past performance is no guarantee of future performance.

Discrete calendar year performance

Discrete calendar year performance
Investment 30/06/14 to 30/06/15 30/06/15 to 30/06/16 30/06/16 to 30/06/17 30/06/17 to 30/06/18 30/06/18 to 30/06/19
Fundsmith... 19.68% 33.56% 25.01% 15.18% 18.48%
Global Large-Cap... 6.12% 20.36% 17.02% -4.74% 24.23%
MSCI ACWI... 7.43% 23.18% 18.75% -2.42% 27.60%
Trailing returns
Trailing returns
Investment 3 months 6 months 1 year 3 years * 5 years *
Fundsmith... 7.62% 3.77% 7.08% 14.86% 19.07%
Global Large-Cap... 12.23% 8.58% 8.64% 11.05% 12.90%
MSCI ACWI... 14.91% 12.48% 15.62% 14.94% 15.98%
Fees and Charges
Fees and Charges
Initial charge: 0.00%
Ongoing Charge Figure (OCF): 0.95%
Performance Fee: N/A
Typical transaction cost: 0.5% of your investment (you'll be provided with the exact cost before investing in a fund)
*Online dealing commission: £5.00
Asset Allocation
Fund 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.

IA Sector: Global
Manager name: Terry Smith
Manager start date: 01 November 2010
Morningstar® Category: Global Large-Cap Growth Equity
Morningstar Sector: N/A
Region (geographical): GBR
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."

Top 10 Holdings
Top 10 Holdings
Security Weight
Microsoft Corp 7.71%
Novo Nordisk A/S B 5.05%
Philip Morris International Inc 4.83%
PayPal Holdings Inc 4.66%
The Estee Lauder Companies Inc Class A 4.27%
Facebook Inc A 4.20%
Intuit Inc 4.01%
IDEXX Laboratories Inc 3.98%
McCormick & Co Inc Non-Voting 3.93%
PepsiCo Inc 3.91%
Sector Weight
Consumer Defensive 31.75%
Healthcare 25.70%
Technology 17.31%
Industrials 8.83%
Financial Services 8.71%
Communication Services 4.30%
Consumer Cyclical 3.41%
World regions
World regions
Country Weight
USA 67.19%
GBR 15.22%
DNK 8.23%
FRA 3.32%
FIN 3.06%
ESP 2.98%
Investment style
Unit type
Morningstar analyst rating™
Morningstar sustainability rating™
3 of 5
Yes Share dealing

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