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Fundsmith Equity Fund
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An ISA (Individual Savings Account) is a savings account available to UK residents on which the return is tax-free and which need not be declared on the investor’s tax return. All income (dividends and interest) and all capital gains within the account are free of tax. For the current year, 6 April 2025 to 5 April 2026 the overall investment limit is £20,000.

 

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Morningstar - Video interview with Terry Smith: I Will Learn from Anthony Bolton's Mistakes

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Morningstar
By Emma Wall, Morningstar

Click here to watch the video interview with Fundsmith's Terry Smith and Emma Wall from Morningstar.

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