We don’t support this browser anymore.
This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

Skip to main content
  • Register
  • Help
  • Contact us

Fundsmith Emerging Equities Trust PLC (FEET) Ordinary Shares GBP0.01

Sell:1,320.00p Buy:1,325.00p 0 Change: 20.00p (1.49%)
Market closed Prices as at close on 18 January 2022 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:1,320.00p
Buy:1,325.00p
Change: 20.00p (1.49%)
Market closed Prices as at close on 18 January 2022 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:1,320.00p
Buy:1,325.00p
Change: 20.00p (1.49%)
Market closed Prices as at close on 18 January 2022 Prices delayed by at least 15 minutes | Switch to live prices |
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Objective

To provide Shareholders with an attractive return by investing in a portfolio of shares issued by listed or traded companies which have the majority of their operations in, or revenue derived from Developing Economies and which provide direct exposure to the rise of the consumer classes in those countries or to the broader social and/or economic development of those countries.
Security Weight
MercadoLibre Inc 6.73%
Foshan Haitian Flavouring and Food Co Ltd Class A 6.40%
Asian Paints Ltd 5.00%
Info Edge (India) Ltd 4.54%
Vitasoy International Holdings Ltd 3.98%
Havells India Ltd 3.78%
Marico Ltd 3.78%
Metropolis Healthcare Ltd 3.73%
Avenue Supermarts Ltd 3.73%
Tencent Holdings Ltd 3.65%
Sector Weight
Consumer Defensive 44.02%
Healthcare 12.18%
Communication Services 11.01%
Consumer Cyclical 8.69%
Industrials 7.45%
Basic Materials 5.00%
Technology 2.78%
Country Weight
India 39.82%
China 13.75%
Brazil 9.74%
Egypt 3.99%
Hong Kong 3.98%
Taiwan 2.78%
Turkey 2.28%
Vietnam 2.06%
Mexico 2.04%
Singapore 1.97%

Fee Structure

The management fee is 1% p.a. of the NAV of Company.The Investment Management Agreement may be terminated by either party giving notice of not less than 12 months.

Dividend Policy

The Company's principal objective remains to provide shareholder returns through capital growth in its investments rather than income and the Board is maintaining its current policy to pay only those dividends required to maintain UK investment trust status. Subject to the investment trust rules, any dividends and distributions will continue to be at the discretion of the Board from time to time.

ASSET SPLIT

Total number of holdings: 0.

Trust Manager

Michael O'Brien

Manager Bio

Michael joined Fundsmith almost a year prior to the launch of FEET and was instrumental in the development and launch of the Company. Prior to Fundsmith, Michael worked at Canaccord Genuity (formerly Collins Stewart) where he spent more than a decade as an analyst covering a wide range of sectors and geographies, developing the company's research product and institutional franchise. Michael began his career at Guinness Flight Global Asset Management (subsequently Investec Asset Management) in 1994 as an analyst before taking responsibility for the group's UK Small and Emerging Companies Funds in 1997, and subsequently the Recovery Fund. Michael holds an MPhil from Cambridge University.

Board Of Directors

Martin BralsfordChairman, David Potter, John Spencer, Heather McGregor, Rachel de Gruchy

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Objective, holding data, trust manager and bio information, dividend policy, asset split and fee structure are provided by Morningstar.

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.