Investment management company, founded in 2010 by Terry Smith. Account not for US persons. View social media notice: https://t.co/kdAm7JAa1ffundsmith.co.uk LondonJoined April 2012
Annual Letter to Shareholders 2025. Capital at risk. This content is for informational purposes only and does not constitute financial advice.
#Investing#LongTermInvesting#Fundsmith#FundsmithEquityFund
Terry Smith on AI in the Annual Letter to
Shareholders 2025. Capital at risk. This content is for informational purposes only and does not constitute financial advice. #TerrySmith#AnnualLetter#FundsmithEquityFund
Simon Barnard joins the Sharesify podcast to discuss Smithson's transition from an investment trust to an open-ended fund. Listen here:fundsmith.co.uk/news/2026/6968… Produced under Sharesify editorial control. Mentions of individual companies are not investment advice. Capital at risk.
Fundsmith LLP is pleased to announce the launch of the Smithson Equity Fund, following the decision to transition Smithson Investment Trust into an OEIC. The transition does not alter Smithson’s investment process or team. Capital at risk. Find out more: fundsmith.co.uk/news/2025/6792…
On 24 February, the Fundsmith Equity Fund held its Annual Shareholders’ Meeting, with over 1000 investors registering to attend the event. Thank you to everyone who joined us - we look forward to seeing you again next year. #FundsmithEquityFund#ASM#AnnualShareholdersMeeting
The Fundsmith Annual Shareholder Meeting is less than a month away. Here are a few moments from last year’s meeting in February 2025.
#AnnualShareholderMeeting#Fundsmith#ASM
Stephen Clapham interviews Terry Smith on recent underperformance and his long-term investing approach. This interview was published under Behind the Balance Sheet Podcast's editorial control. Not investment advice. Capital at risk. Watch the video: fundsmith.co.uk/news/2025/6654…
AJ Bell’s Dan Coatsworth interviews Terry Smith on AI, market risks, and his fund’s outlook. This interview was published under AJ Bell's editorial control. Mentions of individual companies are not investment advice. Capital at risk. Watch the interview: fundsmith.co.uk/news/2025/6548…
Terry Smith tells Expansión: “There could be a stock market bubble more extreme than in 2000.” This article was published under Expansión’s editorial control. Mentions of individual companies are not investment advice. Capital at risk. Read more: fundsmith.co.uk/news/2025/6539…
In today’s FT Adviser, David Thorpe writes an entire article about the ‘10% fee increase’ at SSON.LN’s conversion of the fund.
Problem #1: 10% of 0.9% is only 0.09% and unworthy of being a news story.
Problem #2: The only reason this 0.09% rise is happening is because Terry Smith admirably is giving investors a 10% capital gain (i.e., 1,000 bps).
So David — would you rather have a +10% return and pay 0.09% more in fees, or skip the 1000 basis points gain and save 9 basis points?
And if that wasn’t clear enough: the 1,000 bps gain could be invested in say, UK gilts that gives additional per year gains that are 4× the fee increase.
So here’s a rewritten title: ‘Fundsmith delivers a 10% one-time gain and additional gains per year, thank you Terry!’
There’s no better way to fix this article than to remove it.
ftadviser.com/investment-tru…}
Terry Smith speaks with AJ Bell’s Dan Coatsworth about why converting Smithson to an open-ended fund is in the best interest of investors. Watch the full interview: smithson.co.uk/news/2025/6532… Capital at risk.
In part two of Insider Interview from @ii_couk , Simon Barnard discusses stocks he’s held since inception seven years ago, how he decides which companies to buy, recent portfolio activity and more. Watch the full conversation: smithson.co.uk/news/2025/6369… Capital at risk. #Smithson
In part one of Insider Interview from @ii_couk Simon Barnard reflects on Smithson’s progress since its record-breaking IPO and shares his outlook for global mid- and smaller-sized companies. Watch the full conversation: smithson.co.uk/news/2025/6368… Capital at risk.
The latest Smithson Half -Year report video covers strategy updates, portfolio highlights, top contributors and detractors, as well as changes in sector and geographic positioning. Watch now to learn more: youtube.com/watch?v=8_X8xx… Capital at risk. #Smithson
Chairman Mike Balfour and Portfolio Manager Simon Barnard discuss Smithson’s performance in the first half of the year, recent strategy updates, the portfolio, share buybacks, and more. Watch the video here: youtu.be/8_X8xxH00m8 Capital at risk. #Smithson
The latest Investor Insights Podcast features Julian Robins, Head of Research & Fundsmith co-founder, sharing his views on US trade policy shifts, AI-related sector risks and opportunities and more. Listen to the podcast here: youtube.com/watch?v=gcSZ4k…
Capital at risk.
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