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Fundsmith Equity I Acc

Performance History31/01/2018
Growth of 1,000 (GBP) Advanced Graph
Fundsmith Equity I Acc
Fund23.515.828.322.11.9
+/-Cat16.012.54.89.51.7
+/-B’mrk12.010.90.110.31.8
 
Key Stats
NAV
23/02/2018
 GBP 3.57
Day Change -0.46%
Morningstar Category™ Global Large-Cap Blend Equity
IA (formerly IMA) Sector Global
ISIN GB00B41YBW71
Fund Size (Mil)
31/12/2014
 GBP 3001.92
Share Class Size (Mil)
22/02/2018
 GBP 6577.75
Max Initial Charge -
Ongoing Charge
30/06/2017
  0.95%
Morningstar Research
Analyst Report

This is one of the strongest options for investors seeking exposure to high quality global equities. Terry Smith co-founded Fundsmith LLP and launched this fund in 2010 on the back of the success he achieved as investment advisor to the Tullett...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
PeoplePositive
ParentPositive
ProcessPositive
PerformancePositive
PriceNeutral
Investment Objective: Fundsmith Equity I Acc
The fund’s objective is to achieve long term 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 derivatives nor hedge any currency exposure.
Returns
Trailing Returns23/02/2018
YTD-1.97
3 Years Annualised19.48
5 Years Annualised19.54
10 Years Annualised-
12 Month Yield 0.64
Management
Manager Name
Start Date
Terry Smith
01/11/2010
Inception Date
01/11/2010
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI World NR GBPMSCI World NR USD
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNo
GrowthYes
IncomeNot Specific
HedgingNot Specific
OtherNot Specific
Portfolio Profile for  Fundsmith Equity I Acc31/01/2018
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock96.000.0096.00
Bond0.000.000.00
Property0.000.000.00
Cash4.000.004.00
Other0.000.000.00
Top 5 Regions%
United States62.21
United Kingdom18.84
Eurozone11.00
Europe - ex Euro7.95
Canada0.00
Top 5 Sectors%
Consumer Defensive29.94
Healthcare26.41
Technology17.35
Industrials12.44
Financial Services9.66
Top 5 HoldingsSector%
PayPal Holdings IncFinancial ServicesFinancial Services5.92
Amadeus IT Group SA ATechnologyTechnology5.55
Microsoft CorpTechnologyTechnology5.10
Novo Nordisk A/S BHealthcareHealthcare4.85
Waters CorpHealthcareHealthcare4.52
Fundsmith Equity I Acc