Fact sheet: Fundsmith Eq Feeder

Fund information
Fund name
Fundsmith Equity Feeder T Acc EUR
Fund manager company
Fundsmith
Fund type
Offshore Fund
Fund manager
  • Terry Smithsince 02/11/2011
Fund objective
The investment objective of the Master Fund is to achieve long term growth in value. The Master Fund will invest in equities on a global basis. The Master fund's approach is to be a long-term investor in its chosen stocks. It will not adopt short-term trading strategies. The Master Fund has stringent investment criteria which the Management Company, as investment manager of the Master Fund, adheres to in selecting securities forthe Master Fund's investment portfolio.
Benchmark
  • MSCI World
Investment style
None
Investment method
Feeder fund, Shares
Quick stats
1 Year return
18.2%
1 Year rank in sector
161/478
Sector
FO Equity - International
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1.29%
Fund size
£10,661m
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
98
Top in this sector
Fund name1 Year
Dodge & Cox Gbl Stk45.2%
Heptagon Kprnk GblAlCpEq41.2%
T. Rowe Price GblFcsGrEq39%
RWC Global Horizon38.1%
SKAGEN Focus35.7%
...more in FO Equity - International

Performance snapshot

Holdings snapshot

  • USA64.9%
    UK19.3%
    Spain4.7%
    Finland2.7%
    Money Market2.3%
  • Consumer Staples35.1%
    Health Care28%
    Technology23.3%
    Industrials7.1%
    Consumer Discretionary4.2%
  • US Equities64.9%
    UK Equities19.3%
    Spanish Equities4.7%
    Finnish Equities2.7%
    Money Market2.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.5%6.3%8.3%18.2%87.4%149.1%
Sector0.4%4.8%7%15.7%21.6%50.9%
Rank within sector248 / 511134 / 508192 / 497161 / 4781 / 3891 / 291
Quartile2nd2nd2nd2nd1st1st
Calendar performance
 YTD - 20172016201520142013
Fund7.1%9.4%22.3%31.6%22.2%
Sector5%7.9%0.7%6%21.3%
Rank within sector85 / 507152 / 4691 / 4182 / 375180 / 330
Quartile1st2nd1st1st3rd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
16.53
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
1
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
1.55
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
12.61
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
8.6
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
1.86
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.53
Price movement
52 week high29
52 week low24.06
Current bid price-
Current offer price-
Current mid price28.73
Region
1USA64.9%
2UK19.3%
3Spain4.7%
4Finland2.7%
5Money Market2.3%
6Denmark2.1%
7France2.1%
8Switzerland1.9%
Industry sector
1Consumer Staples35.1%
2Health Care28%
3Technology23.3%
4Industrials7.1%
5Consumer Discretionary4.2%
6Money Market2.3%
Asset type
1US Equities64.9%
2UK Equities19.3%
3Spanish Equities4.7%
4Finnish Equities2.7%
5Money Market2.3%
6Danish Equities2.1%
7French Equities2.1%
8Swiss Equities1.9%
Individual holdings
No data available.
Management
Fund manager group
Fundsmith
Fund manager company
Fundsmith
Fund type
Offshore Fund
Fund objective
The investment objective of the Master Fund is to achieve long term growth in value. The Master Fund will invest in equities on a global basis. The Master fund's approach is to be a long-term investor in its chosen stocks. It will not adopt short-term trading strategies. The Master Fund has stringent investment criteria which the Management Company, as investment manager of the Master Fund, adheres to in selecting securities forthe Master Fund's investment portfolio.
Benchmark
  • MSCI World
Investment style
None
Investment method
Feeder fund, Shares
Fund manager
NameSinceBiography
Terry Smith02/11/2011Terry Smith graduated in History from University College Cardiff in 1974. He worked for Barclays Bank from 1974-83 and became an Associate of the Chartered Institute of Bankers in 1976. He obtained an MBA at The Management College, Henley in 1979. He became a stockbroker with W Greenwell & Co in 1984 and was the top-rated bank analyst in London from 1984-89. In 1990 he became head of UK Company Research at UBS Phillips & Drew, a position from which he was dismissed in 1992 following the publication of his best selling book Accounting for Growth. He joined Collins Stewart shortly after, and became a director in 1996. In 2000 he became Chief Executive and led the management buy-out of Collins Stewart, which was floated on the London Stock Exchange five months later. In 2003 Collins Stewart acquired Tullett Liberty and followed this in 2004 with the acquisition of Prebon Group, creating the world's second largest inter-dealer broker. Collins Stewart and Tullett Prebon were demerged in 2006 with Terry remaining CEO of Tullett Prebon until September 2014. In 2010 he founded Fundsmith where he is CEO and CIO. In 2012 he was appointed a Member of the New Zealand Order of Merit for services to New Zealand-UK relations following the success of his campaign to commemorate the New Zealander, Air Marshal Sir Keith Park.
Compliance
Transparent for Austrian Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Luxembourg, Offshore
Fundsmith Equity Feeder I Acc CHF
Initial charge-
Annual charge0.9%
Min single investment£6,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.17%
Total expense ratio (TER)1.12%
Bid price-
Offer price-
Mid price21.9799
CurrencyCHF
Price updated24/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code10O3
Fundsmith Equity Feeder I Acc EUR
Initial charge-
Annual charge0.9%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.17%
Total expense ratio (TER)1.12%
Bid price-
Offer price-
Mid price28.8904
CurrencyEUR
Price updated24/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0L3T
Fundsmith Equity Feeder I Acc GBP
Initial charge-
Annual charge0.9%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.17%
Total expense ratio (TER)1.12%
Bid price-
Offer price-
Mid price19.5967
CurrencyGBP
Price updated24/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKM5J
Fundsmith Equity Feeder I Acc USD
Initial charge-
Annual charge0.9%
Min single investment£6,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.17%
Total expense ratio (TER)1.12%
Bid price-
Offer price-
Mid price17.3898
CurrencyUSD
Price updated24/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJ9FV
Fundsmith Equity Feeder I Inc CHF
Initial charge-
Annual charge0.9%
Min single investment£6,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.17%
Total expense ratio (TER)1.12%
Bid price-
Offer price-
Mid price20.8839
CurrencyCHF
Price updated24/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code10O4
Fundsmith Equity Feeder I Inc EUR
Initial charge-
Annual charge0.9%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.17%
Total expense ratio (TER)1.12%
Bid price-
Offer price-
Mid price27.5156
CurrencyEUR
Price updated24/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code0L3U
Fundsmith Equity Feeder I Inc GBP
Initial charge-
Annual charge0.9%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.17%
Total expense ratio (TER)1.12%
Bid price-
Offer price-
Mid price19.0276
CurrencyGBP
Price updated24/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKM5K
Fundsmith Equity Feeder I Inc USD
Initial charge-
Annual charge0.9%
Min single investment£6,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.17%
Total expense ratio (TER)1.12%
Bid price-
Offer price-
Mid price16.7072
CurrencyUSD
Price updated24/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeJOKU
Fundsmith Equity Feeder R Acc EUR
Initial charge-
Annual charge1.5%
Min single investment£2,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.79%
Total expense ratio (TER)1.72%
Bid price-
Offer price-
Mid price28.0583
CurrencyEUR
Price updated24/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0L3R
Fundsmith Equity Feeder R Inc EUR
Initial charge-
Annual charge1.5%
Min single investment£2,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.79%
Total expense ratio (TER)1.72%
Bid price-
Offer price-
Mid price27.5383
CurrencyEUR
Price updated24/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0L3S
Fundsmith Equity Feeder T Acc EUR
Initial charge-
Annual charge1%
Min single investment£2,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.29%
Total expense ratio (TER)1.22%
Bid price-
Offer price-
Mid price28.7259
CurrencyEUR
Price updated24/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0L3P
Fundsmith Equity Feeder T Inc EUR
Initial charge-
Annual charge1%
Min single investment£2,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.29%
Total expense ratio (TER)1.22%
Bid price-
Offer price-
Mid price27.446
CurrencyEUR
Price updated24/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0L3Q
Data provided by

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