Fundsmith equity fund delivers 86.3% total return in first four years fund assets now total £2.5 billion
Fundsmith LLP (‘Fundsmith’), the fund management company set up by Terry Smith in November 2010, announces that its Fundsmith Equity Fund* (‘the Fund’) has generated a return of 15.6% in the 12 months ending 31st October 2014 vs the MSCI World Index return> of 9.1% and the average IMA Global< fund return of 2.7%.