Fundsmith Equity R Acc

1.74
0.0098 / 0.56%
1.50 - 1.76+1.68
NAV in GBPNAV change52-week range3-yr sharpe ratio

As of market close Sep 29 2014.

Total returns on £1,000

As of Sep 26 2014.Fund performance

Objective

"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. "

Profile

Fund typeOpen Ended Investment Company
Investment style (stocks)
Market Cap: Large
Investment Style: Growth
Income treatmentAccumulation
Morningstar categoryGlobal Large-Cap Blend Equity
IMA sectorGlobal
Launch date01/11/2010
Price currencyGBP
DomicileUnited Kingdom
ISINGB00B4LPDJ14
Manager & start date
Terry Smith
01/11/2010

Investment

Pricing frequencyDaily
Fund size
2.23bn GBPAs of Aug 31 2014
Share class size
90.97m GBPAs of Aug 31 2014
Net expense ratio--
Initial charge--
Annual charge1.50%
Exit charge0.00%
Min. initial investment1,000.00 GBP
Min. additional investment100.00 GBP
Min. regular investment100.00 GBP
UK ISAYes
Available for saleUnited Kingdom

Diversification

Asset type

Non-UK stock
79.67%
UK stock
20.33%
Cash
0.00%
Other
0.00%
UK bond
0.00%
Non-UK bond
0.00%

Top 5 sectors

Consumer Defensive
45.83%
Healthcare
18.56%
Consumer Cyclical
13.46%
Industrials
12.04%
Technology
8.14%

Top 5 Regions

United States
63.02%
United Kingdom
20.33%
Eurozone
8.41%
Europe - ex Euro
8.24%

Sector and region weightings are calculated using only long position holdings of the portfolio.

Sector & regional holdings

Top 5 holdings

CompanyCompany
content
IC
View
1 year
change
Portfolio
weight
Long
allocation
Domino's Pizza, Inc.
DPZ:NYQ
+13.35%6.50%
Stryker Corporation
SYK:NYQ
+19.80%5.92%
Microsoft Corporation
MSFT:NSQ
+38.96%5.80%
Dr Pepper Snapple Group, Inc.
DPS:NYQ
+43.17%5.58%
Reckitt Benckiser Group PLC
RB.:LSE
+18.36%5.28%
Data delayed at least 15 minutes, as of Sep 30 2013.Top 10 holdings

The performance data shown in tables and graphs on this page is calculated in GBP of the fund/index/average (as applicable), on a Bid To Bid / Nav to Nav basis, with gross dividends re-invested on ex-dividend date. Past performance is not necessarily a guide to future performance; unit prices may fall as well as rise.

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