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 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.
Fund Overview
Mid (15/05/2024)
723.28p
Historic yield
1.03%
Fund size (31/10/2023)
£22296.27m
Number of holdings
27
Entry Charge
0.00%
Ongoing Charges
0.94%
Launch date
01/11/2010
Asset Allocation
International Equities
92.43%
UK Equities
5.08%
Cash and Equivalents
2.49%
Portfolio data accurate as at: 31/10/23
Important Information
Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Portfolio data accurate as at:
Asset Allocation
International Equities
92.43%
UK Equities
5.08%
Cash and Equivalents
2.49%
Equity Sector Breakdown
Expand allCollapse all
Industry
Supersector
Sector
Subsector
Consumer Staples
23.24%
-
-
-
Food, Beverage & Tobacco
-
16.35%
-
-
Beverages
-
-
8.39%
-
Distillers & Vintners
-
-
-
4.79%
Soft Drinks
-
-
-
3.60%
Tobacco
-
-
4.66%
-
Tobacco
-
-
-
4.66%
Food Producers
-
-
3.29%
-
Food Products
-
-
-
3.29%
Personal Care, Drug & Grocery Stores
-
6.89%
-
-
Personal Care, Drug & Grocery Stores
-
-
6.89%
-
Personal Products
-
-
-
4.85%
Nondurable Household Products
-
-
-
2.04%
Technology
22.29%
-
-
-
Technology
-
22.29%
-
-
Software & Computer Services
-
-
21.51%
-
Software
-
-
-
10.38%
Consumer Digital Services
-
-
-
8.45%
Computer Services
-
-
-
2.67%
Technology Hardware & Equipment
-
-
0.78%
-
Computer Hardware
-
-
-
0.78%
Health Care
20.66%
-
-
-
Health Care
-
20.66%
-
-
Medical Equipment & Services
-
-
11.15%
-
Medical Equipment
-
-
-
8.88%
Medical Supplies
-
-
-
2.27%
Pharmaceuticals & Biotechnology
-
-
9.51%
-
Pharmaceuticals
-
-
-
9.51%
Consumer Discretionary
16.39%
-
-
-
Consumer Products & Services
-
13.64%
-
-
Personal Goods
-
-
13.64%
-
Cosmetics
-
-
-
6.69%
Clothing & Accessories
-
-
-
4.64%
Footwear
-
-
-
2.31%
Travel & Leisure
-
2.75%
-
-
Travel & Leisure
-
-
2.75%
-
Hotels & Motels
-
-
-
2.75%
Industrials
14.93%
-
-
-
Industrial Goods & Services
-
14.93%
-
-
Industrial Support Services
-
-
8.62%
-
Transaction Processing Services
-
-
-
4.49%
Professional Business Support Services
-
-
-
4.13%
Electronic & Electrical Equipment
-
-
4.69%
-
Electronic Equipment: Control & Filter
-
-
-
2.94%
Electronic Equipment: Gauges & Meters
-
-
-
1.75%
Industrial Engineering
-
-
1.63%
-
Machinery: Industrial
-
-
-
1.63%
Cash and Equivalents
2.49%
-
-
-
Regional Allocation
North America
66.64%
Developed Europe - Excl UK
25.78%
UK
5.08%
Cash and Equivalents
2.49%
Regional Breakdown
Expand allCollapse all
Region
Country
North America
66.64%
-
United States
-
66.64%
Developed Europe - Excl UK
25.78%
-
Denmark
-
11.78%
France
-
11.33%
Spain
-
2.67%
UK
5.08%
-
United Kingdom
-
5.08%
Cash and Equivalents
2.49%
-
Breakdown By Market Cap (%)
Mega
66.06%
Large
21.94%
Non-Classified
9.51%
Cash
2.49%
Top 10 Holdings
Stock
% Weight
Sector
Country
1
MICROSOFT CORPORATION
9.77%
Software & Computer Services
United States
2
NOVO NORDISK A/S
9.51%
Pharmaceuticals & Biotechnology
Denmark
3
L'OREAL
6.69%
Personal Goods
France
4
META PLATFORMS
5.34%
Software & Computer Services
United States
5
STRYKER CORPORATION
4.86%
Medical Equipment & Services
United States
6
PHILIP MORRIS INTERNATIONAL
4.66%
Tobacco
United States
7
VMH MOET HENNESSY LOUIS VUITTON
4.64%
Personal Goods
France
8
VISA
4.49%
Industrial Support Services
United States
9
AUTOMATIC DATA PROCESSING INC
4.13%
Industrial Support Services
United States
10
IDEXX LABORATORIES INC
4.02%
Medical Equipment & Services
United States
Dual Aspect Equity Analysis
UK Equities
Int'l Equities
UK Bonds
Int'l Bonds
UK Gilts
Property
Other
Cash & Equiv
Total
Technology
-
22.29%
-
-
-
-
-
-
22.29%
Consumer Discretionary
-
16.39%
-
-
-
-
-
-
16.39%
Consumer Staples
5.08%
18.16%
-
-
-
-
-
-
23.24%
Health Care
-
20.66%
-
-
-
-
-
-
20.66%
Industrials
-
14.93%
-
-
-
-
-
-
14.93%
Cash and Equivalents
-
-
-
-
-
-
-
2.49%
2.49%
Important Information
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Identification Codes
Sedol Code
B41YBW7
Mex Code
-
Isin Code
GB00B41YBW71
Citi Code
LSX6
Fund Charges
Entry Charge
0.00%
Ongoing Charges
0.94%
Aims and Benchmark
Aims
Long term growth in value
Benchmark
MSCI World
Benchmark Category
-
IA Sector
Global
Fund Background
Valuation frequency
Daily
Valuation point
12:00
Fund type
OEIC
Launch price
£1.00
Fund currency
Pound Sterling
Fund domicile
United Kingdom
ISA allowable
Yes
SIPP allowable
Yes
Distribution Details
Income frequency
Biannually
Distribution Type
Dividend
Distribution Payment Basis
Net
Distribution Dates
Ex dividend date(s)
Income payment date(s)
01 January
28 February
01 July
31 August
Ratings
FE Crown
Effect of Deductions
Assuming a growth rate of 6.00%
Assuming a growth rate of 7.00%
-
-
Fund Administration
Fund Trustee/Depository
State Street Trustees Limited
Fund Administrator
IFDS
Fund Registrar
IFDS
Fund Custodian
State Street Trustees Limited
Group Details
Group name
Fundsmith LLP
Group address
52-54 Gracechurch Street,
London,
EC3V 0EH
Group telephone
0330 123 1815
Dealing telephone
-
Email
-
Homepage
www.fundsmith.co.uk
Fax number
-
Dealing
Minimum Investment
£5000000
Minimum Top Up
£5000
Minimum Regular Saving
-
Settlement Period: Buy
4 days
Settlement Period: Sell
4 days
Pricing Basis
Forward
Dealing Decimals
4
Important Information
Ongoing charges may vary in the future and may be higher than they are now. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Important Information
Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage. "Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.