Fundsmith Equity R Acc
ISIN GB00B4LPDJ14 / Valor 12037251
Fundsmith Equity R Acc
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Fundsmith Equity Fund is an actively managed equity fund that buys shares in companies worldwide and holds them for the long term; its portfolio consists of businesses that deliver high returns on operating capital, have hard-to-copy competitive advantages, carry little debt, generate strong cash flows that can be reinvested at high rates, are resilient to change (including technological disruption), and are purchased at attractive valuations. The fund does not focus on any one country or sector, avoids short-term trading, will not invest in other funds or property, generally does not use derivatives, and only borrows in unusual circumstances.
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