Five funds taking on Fundsmith – and winning
Five funds taking on Fundsmith – and winning A number of smaller rivals are snapping at the heels of Fundsmith Equity 6 May 2021 • 7:00am Britain’s largest fund is also one of its most successful. Since its launch in 2010, Terry Smith’s £24bn Fundsmith Equity fund has made its investors 485pc, more than double the return of the global stock market. But a number of smaller rivals are snapping at the heels of Fundsmith and can claim to have beaten the returns of their better-known peer over the past five years. While Fundsmith Equity’s 141pc return over that period still comfortably...