what we are saying

Net Asset Value(s)

22 March, 2019 09:47:03 | By Fundsmith

Annual Financial Report

21 March, 2019 12:15:46 | By Fundsmith

Net Asset Value(s)

21 March, 2019 10:04:22 | By Fundsmith

Net Asset Value(s)

20 March, 2019 09:41:04 | By Fundsmith

Net Asset Value(s)

19 March, 2019 09:41:10 | By Fundsmith

What Terry Smith is saying

Financial Times - Busting the myths of investment: Do equities outperform bonds?

07 November, 2018 | By Terry Smith

As an equity fund manager, questioning the investment myth that equities outperform bonds is the equivalent of coprolalia, an occasional characteristic of Tourette’s syndrome in which the sufferer involuntarily utters socially inappropriate remarks.

Financial Times - Busting the myths of investment: who needs income?

03 October, 2018 | By Terry Smith

There seems to be something so alluring about dividend income that it often seems to lead investors to abandon common sense or be encouraged to do so by the investment industry. For example, how many times have you heard it said that the majority of returns from investment in equities comes from reinvestment of the dividends?

Financial Times - Busting the myths of investment

01 September, 2018 | By Terry Smith

Adding small-caps to a global equity portfolio adds value without heightening the risk. If you are an investor you may have encountered these two adages. First, that in order to earn a higher return you must take greater risk. Second, asset allocation is the most important contributor to performance.


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