Fundsmith LLP UK

The video of our Annual Shareholders' Meeting 2026 is live on our website. Watch it here: fundsmith.co.uk/tv/ Capital at risk. #FundsmithEquityFund #ASM #TerrySmith

Fundsmith LLP is pleased to announce the launch of the Smithson Equity Fund, following the decision to transition Smithson Investment Trust into an OEIC. The transition does not alter Smithson’s investment process or team. Capital at risk. Find out more: fundsmith.co.uk/news/2025/6792…

On 24 February, the Fundsmith Equity Fund held its Annual Shareholders’ Meeting, with over 1000 investors registering to attend the event. Thank you to everyone who joined us - we look forward to seeing you again next year. #FundsmithEquityFund #ASM #AnnualShareholdersMeeting

The Fundsmith Annual Shareholder Meeting is less than a month away. Here are a few moments from last year’s meeting in February 2025. #AnnualShareholderMeeting #Fundsmith #ASM

Stephen Clapham interviews Terry Smith on recent underperformance and his long-term investing approach. This interview was published under Behind the Balance Sheet Podcast's editorial control. Not investment advice. Capital at risk. Watch the video: fundsmith.co.uk/news/2025/6654…

The Fundsmith Equity Fund's Annual Letter to Shareholders is now available. Terry Smith shares his insights on fund performance in 2025. Read the full letter: fundsmith.co.uk/media/4hcfd1pg… Capital at risk. #AnnualShareholderLetter #TerrySmith #Fundsmith

AJ Bell’s Dan Coatsworth interviews Terry Smith on AI, market risks, and his fund’s outlook. This interview was published under AJ Bell's editorial control. Mentions of individual companies are not investment advice. Capital at risk. Watch the interview: fundsmith.co.uk/news/2025/6548…

Terry Smith tells Expansión: “There could be a stock market bubble more extreme than in 2000.” This article was published under Expansión’s editorial control. Mentions of individual companies are not investment advice. Capital at risk. Read more: fundsmith.co.uk/news/2025/6539…

In today’s FT Adviser, David Thorpe writes an entire article about the ‘10% fee increase’ at SSON.LN’s conversion of the fund. Problem #1: 10% of 0.9% is only 0.09% and unworthy of being a news story. Problem #2: The only reason this 0.09% rise is happening is because Terry Smith admirably is giving investors a 10% capital gain (i.e., 1,000 bps). So David — would you rather have a +10% return and pay 0.09% more in fees, or skip the 1000 basis points gain and save 9 basis points? And if that wasn’t clear enough: the 1,000 bps gain could be invested in say, UK gilts that gives additional per year gains that are 4× the fee increase. So here’s a rewritten title: ‘Fundsmith delivers a 10% one-time gain and additional gains per year, thank you Terry!’ There’s no better way to fix this article than to remove it. ftadviser.com/investment-tru…}

Terry Smith speaks with AJ Bell’s Dan Coatsworth about why converting Smithson to an open-ended fund is in the best interest of investors. Watch the full interview: smithson.co.uk/news/2025/6532… Capital at risk.

In part two of Insider Interview from @ii_couk , Simon Barnard discusses stocks he’s held since inception seven years ago, how he decides which companies to buy, recent portfolio activity and more. Watch the full conversation: smithson.co.uk/news/2025/6369… Capital at risk. #Smithson

In part one of Insider Interview from @ii_couk Simon Barnard reflects on Smithson’s progress since its record-breaking IPO and shares his outlook for global mid- and smaller-sized companies. Watch the full conversation: smithson.co.uk/news/2025/6368… Capital at risk.

The latest Smithson Half -Year report video covers strategy updates, portfolio highlights, top contributors and detractors, as well as changes in sector and geographic positioning. Watch now to learn more: youtube.com/watch?v=8_X8xx… Capital at risk. #Smithson

Chairman Mike Balfour and Portfolio Manager Simon Barnard discuss Smithson’s performance in the first half of the year, recent strategy updates, the portfolio, share buybacks, and more. Watch the video here: youtu.be/8_X8xxH00m8 Capital at risk. #Smithson

The Fundsmith Equity Fund's Semi-Annual Letter to Shareholders is now available. Read Terry Smith’s insights on Fund performance during the first half of 2025: fundsmith.co.uk/media/bvgden5v… Capital at risk. #Fundsmith #SemiAnnualShareholderLetter

The latest Investor Insights Podcast features Julian Robins, Head of Research & Fundsmith co-founder, sharing his views on US trade policy shifts, AI-related sector risks and opportunities and more. Listen to the podcast here: youtube.com/watch?v=gcSZ4k…  Capital at risk.

There won’t be another Buffett because no one will have his advantages. Terry Smith explains why in his latest @FT article. Read the full article: fundsmith.co.uk/news/2025/6157… Capital at risk.

“Investing for Growth” by Terry Smith is now available in Spanish. This book is a collection of essays and letters written between 2010 and 2020. Available on Amazon and Kindle. Capital at risk. Fundsmith does not provide investment advice. #TerrySmith #InvestingforGrowth

The latest Smithson Investment Trust AGM video is now live. Watch it here: smithson.co.uk/tv/ #Smithson #SmithsonInvestmentTrust #AGM

Simon Barnard, Portfolio Manager for Smithson Investment Trust, speaks with AJ Bell about the trust's investment objectives, investment process, new discoveries and more. Watch the full video interview: ajbell.co.uk/video/smithson… Capital at risk.