Fundsmith Emerging Equities: Still Work-In-Progress?
Fundsmith Emerging Equities Trust, often shortened to FEET, is still struggling to keep up with its benchmark despite a lot of tinkering over the past few years.
China Investment Trusts Come Of Age
The Chinese stock market has been one of 2020’s top performers. Up 19% in sterling terms, it’s well ahead of the US’s 10% gain and the UK’s sickly 19% drop.
Murray International: Zigging When Others Zag
It’s been a tough few years for Murray International but this popular global investment trust certainly offers something a little different while yielding well in excess of 4%.
Mobius Investment Trust: Truly Active Emerging Markets
You wait for one investment trust launch from a legendary fund manager then, before you know it, along comes another. Following last week’s announcement of Smithson Investment Trust, we now have more details on Mobius Investment Trust, the latest offering from emerging markets guru Mark Mobius.
Can Fundsmith Emerging Equities Find Its FEET?
I’m not the first writer to use this terrible headline to describe Fundsmith Emerging Equities (FEET). I suspect I won’t be the last either. Some four years after it launched, with its performance yet to truly impress, it seems a valid question.
I should start by saying that I’m a big fan of Terry Smith, who is Fundsmith’s CEO, and I am an investor in the main Fundsmith Equity Fund. I suspect I may well purchase Fundsmith Emerging Equities at some point, too, but I haven’t pulled the trigger yet.