Fundsmith Equity Class I - Accumulation (GBP)
Our view on this Fund
This fund does not feature on the Wealth Shortlist of funds our analysts believe have the potential to outperform their peers over the long term. This is not a recommendation to sell; however, if you are thinking of adding to your investments, we believe the Wealth Shortlist is a good place to start. View funds on the Wealth Shortlist »Terry Smith uses a simple but effective approach: invest in good companies at reasonable share prices and hold them for the long term. It's helped drive the fund's strong performance, though this isn't a guide to future returns. We admire his straightforward investment approach and would like to be given the opportunity to properly analyse the fund. Our process, however, requires access to the fund manager and up-to-date, monthly portfolio data, which some fund groups, including Fundsmith, choose not to disclose. Based on readily-available historical data, had we been able to properly analyse the fund, it's likely that it would have made the Wealth Shortlist. We can't, however, make an exception to our process, so we won't be considering the fund for the list as things stand.