Fundsmith offers sicav feeder fund

The Fundsmith Equity Fund Feeder provides investors who prefer to invest offshore or through a SICAV, access to the Fundsmith Equity Fund. Costs of running the funds are kept to a minimum as Fundsmith is able to manage a single pool of assets.   Investing via the SICAV Feeder will incur an identical Annual Management Charge (AMC) as investing directly in the UK OEIC, thus preserving the low cost structure. Since launch one year ago, the fund has outperformed by 10.4% delivering a return of 12.1% vs the MSCI World’s 1.7% return. The fund offers investors the opportunity to invest in a ...