A successful first five years for the ‘no nonsense’ Fundsmith Equity Fund
2 mins. to read
Terry Smith’s Fundsmith Equity fund recently passed its fifth anniversary. Over the last five years it has returned 115.9%, which puts it in third place out of the 203 funds in the Investment Association’s Global Sector. This impressive performance has helped it to attract £4.1bn of assets under management. Smith is an outspoken critic of…
