Terry Smith kicks another mainstay holding to the kerb
Follows ejections of Becton Dickinson and Johnson & Johnson
Fundsmith
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Fundsmith adds mystery holding
But it is already one of the equity fund’s worst performers
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Fundsmith among global equity fund exits in latest Evelyn Partners rebalance
With proceeds used to bolster positions in Baillie Gifford, Stewart Investors and iShares
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Fundsmith handed clean sheet after section 166 review
Terry Smith’s boutique has been given recommendations but will not need to take further action
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UK funds bleed £4.3bn in worst month since March 2020
Fundsmith Equity saw its largest ever monthly outflow of £622m, while Baillie Gifford lost nearly £1bn
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Fundsmith Equity retains Square Mile rating despite cloud of section 166 review
Research firm unable to ascertain ramifications for Terry Smith’s £24bn flagship fund
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Fundsmith sells out of Starbucks
As two April additions prove to be winners
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Fundsmith highlights 2bps fall in charges in latest value assessment
Fundsmith Equity OCF had been static since 2017 despite fund nearly doubling in size
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Fundsmith adds Adobe as tech holdings continue to drag on performance
It was likely one of the two unnamed positions alluded to in the January factsheet
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Fundsmith to undergo FCA-mandated review
A section 166 notice was reportedly issued by the watchdog in the first quarter of 2022
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Fundsmith and Scottish Mortgage top sales chart despite anti-growth sentiment
While trio of Russian mining firms among most-bought equities for the second month in a row
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Simon Barnard: Smithson should have theoretically underperformed in 2021
‘Very small degree of outperformance’ satisfies Fundsmith manager as Treasury yields rise
