Fundsmith Equity Fund Sicav R EUR Acc
Sub-fund of FUNDSMITH EQUITY FUND FEEDER (SICAV domiciled in Luxembourg)
Key Information
Legal Documents
Performance
Analysis

Fund Profile

Category: SICAV

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 shares of companies and it will not adopt short-term trading strategies. The fund has stringent investment criteria in selecting securities for its investment portfolio, investing in businesses: that can sustain a high return on operating capital employed; whose advantages are difficult to replicate; which do not require significant leverage 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 does not track a particular benchmark. The fund will not invest in derivatives nor hedge any currency exposure. Other than for short-term liquidity management, the fund will not borrow money. An investor, or prospective investor, may invest or redeem their shares on demand. The dealing takes place on each business day (where it is a business day in Luxembourg), with the cut-off being 1:00pm. (CET). The price of any trades will be set by reference to the net asset value (“NAV”) of the fund calculated as at 1.00p.m. (CET). For the Accumulation Shares, the dividends are reinvested in the fund. For the Income Shares, the dividends are paid out to you from the fund. Recommendation: This fund invests for the long-term and may not be appropriate for investors who plan to withdraw their money within 5 years.

Morningstar Rating
More information about the calculation of the Morningstar Ratings
Gold
Gold
Risk and reward profile
5
Lower Risk
Possible Lower
Returns
Higher Risk
Possible Higher
Returns
Key Information
Closing Price 19/09/201938.77
Morningstar categoryGlobal Large-Cap Blend Equity
CurrencyEUR
Distribution statusAccumulating
ISINLU0690374615
Inception Date02/11/2011
Minimum initial amount100.00 EUR
Fees And Charges
Entry feeNone
Purchase charge0.5% (subject to minimum)
Custody feeNone
Exit feeNone
Sale chargeNone
Ongoing charge1.69% of which 0.60% is paid by the Fund Manager to MeDirect
Fund management company
AddressFundsmith LLP Fundsmith LLP 33 Cavendish Square London W1G 0PW United Kingdom
Manager NameTerry Smith
Manager Start Date02/11/2011
Websitewww.fundsmith.co.uk
Total Net Assets (mil)- (31/08/2019)
UCITSYes
AdministratorState Street Bank Luxembourg SCA

Legal Documents

Prospectus
en 29/03/2019
Annual Report
en 31/12/2018
Semi Annual Report
en 30/06/2017
Morningstar Report
19/09/2019

Performance

Historical returns are no guarantee for future performances. Investing in Financial markets and securities involves risk. Past performance is not a guarantee of future results. Investment losses may occur and investors could lose some or all of their investment in the Fund.
Entry fees, purchase charges, custody fees, exit fees, sale charges and taxes are not included in the calculation of past performance. Ongoing charges (including management fees, administrative fees and other costs) have been taken in to account, as they are already included in the price/NAV of the fund.
Annualised performance in EUR
PeriodAnnualised returnDate
1 year14.32%19/09/2019
3 years14.72%19/09/2019
5 years17.15%19/09/2019
Since launch18.76%19/09/2019
Cumulative performance in EUR
Performance
YTD 01/01/201925.68%
1 month0.32%
3 months0.78%
6 months6.91%
Quarterly Returns
Q 1Q 2Q 3Q 4
201920.05%2.89%--
2018-3.67%10.86%5.18%-10.61%
20178.24%1.96%-0.65%6.82%
2016-0.84%3.99%3.40%2.13%
201513.34%-2.93%-2.38%13.26%
Dividend
No Data Available

Asset Allocation
% Long% Short% Net Assets
Stock98.26%0.00%98.26%
Bond0.00%0.00%0.00%
Cash1.74%0.00%1.74%
Other0.00%0.00%0.00%
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
16.3212.0912.28
Sharpe Ratio
0.461.061.06
Sortino Ratio
0.681.661.77
Positive Months9.0026.0043.00
Negative Months3.0010.0017.00
Worst Month-7.50-7.50-7.50
World Regions
Region%
United States65.16
United Kingdom17.43
Eurozone9.66
Europe - ex Euro6.02
Stock Sector Weighting
Sector% of Equity
Consumer Defensive27.42
Healthcare25.14
Technology21.64
Industrials11.28
Financial Services9.71
Consumer Cyclical3.07
Top 10 Holdings
HoldingSectorCountry% of Assets
PayPal Holdings Inc Financial ServicesUnited States6.29
Microsoft Corp TechnologyUnited States5.53
Waters Corp HealthcareUnited States4.85
Amadeus IT Group SA A TechnologySpain4.76
Philip Morris International Inc Consumer DefensiveUnited States4.57
Intuit Inc TechnologyUnited States4.47
Stryker Corp HealthcareUnited States4.24
The Estee Lauder Companies Inc Class A Consumer DefensiveUnited States4.24
Facebook Inc A TechnologyUnited States4.18
Novo Nordisk A/S B HealthcareDenmark4.18
Classification of Morningstar Category
Ranking1 Year2 Years3 Years5 Years
Top 25%
Category above the average
Category below the average
Bottom 25%
Morningstar Style Box
Equity Style
Large
Size
Mid
Small
Value
Blend
Growth
Style
38.77
Closing Price
All key information and documents must be reviewed before being able to Invest.