City veteran Terry Smith has today launched a high-conviction and low-cost equity fund he believes to be ‘unlike any other product' in the retail market.
The Fundsmith Equity fund, the debut offering from the group founded by the Tullett Prebon CEO, offers a concentrated 20-30 global stock portfolio, but with no initial fee and a flat 1% AMC to direct investors....
£300bn of liabilities
View from the front row
Transfer from occupational scheme
Appointed by FCA and PSR boards