Can Terry Smith Continue Impressive Performance?

Terry Smith has delivered twice the returns to investors than his passive fund equivalent, L&G International Index Trust. Can he continue to deliver?

David Brenchley 9 April, 2018 | 10:34AM

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After working as stockbroker for Barclays Bank, UBS Phillips & Drew and Tullett Prebon, Terry Smith founded asset manager Fundsmith in 2010.

His flagship Fundsmith Equity Fund, which holds a Gold Morningstar Analyst Rating, has turned an initial £10,000 investment at inception into more than £35,000 today.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Amadeus IT Group SA A40.99 EUR0.00
Domino's Pizza Inc378.32 USD-2.17
Facebook Inc A263.11 USD-6.31
Novo Nordisk A/S B410.55 DKK-3.41
PayPal Holdings Inc186.13 USD-4.57

About Author

David Brenchley

David Brenchley  is a Reporter for Morningstar.co.uk

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