BEST FUND FOR GROWTH FUNDSMITH EQUITY FUNDSMITH EQUITY has become one of the UK’s most popular funds thanks to an impressive performance track record. Since launch on 1 November 2010, the fund has generated a 534% total return to 29 October 2021 versus 275% from the MSCI World which is a widely used benchmark for global equities. Fund manager Terry Smith is one of the most respective fund managers currently active in the market, with a bias toward quality companies. He likes to invest at a good price and hold them for a long time. Smith does not chase market fads, he isn’t trading in and out of stocks racking up large dealing fees, and he prefers to quietly get on with the job rather than chasing publicity. The performance figures speak for themselves, and many investors across the country view Fundsmith as a core holding for their ISAs and SIPPs.
AJ Bell Youinvest Shares Magazine 02 December 2021
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.