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Fundsmith Equity I Acc

Willis Owen Research Commentary

This fund is managed by Terry Smith (founder of Fundsmith) who aims to buy, but not overpay, and hold, ideally forever, high-quality businesses that will continually compound in value. Such companies must demonstrate strong cash flow generation which can be reinvested to produce high and sustainable returns on capital. He looks for companies with constant growth, high gross & operating margins and that have the opportunity to reinvest free cash back into their own business for growth. When taking into account these stringent criteria, and a minimum $2 billion market capitalisation with headquarters in developed markets, the result is a concentrated portfolio. We think this highly-regarded fund is an option worthy of consideration for investors seeking exposure to global equities in developed markets.

Below is the online factsheet for your selected instrument.

You can also view an Analyst Report as a PDF using the link below and if you are a registered user a more detailed report is also available.

Analyst Report Analyst Report
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