Fundsmith Sustainable Equity I Acc
GlobalPricing frequency
Daily
Dealing cut off time
10:45
Type
OEIC
Yield
0.26%
NAV
£1.93
Ongoing charge
0.96%
Latest actual NAV date
24-04-2024
ISIN
GB00BF0V6P41
UCITS
Yes
This fund can be held in a Dealing accountISALifetime ISAJISASIPPand can be used with Regular investment
Before investing please read:
Growth of 10k
Asset allocation
Top 10 holdings
| Holdings 31/12/2023 | % of assets |
|---|---|
| Novo Nordisk A/S Class B | 6.90 |
| L'Oreal SA | 6.41 |
| Microsoft Corp | 5.95 |
| Stryker Corp | 5.63 |
| Waters Corp | 5.00 |
| Church & Dwight Co Inc | 4.70 |
| Visa Inc Class A | 4.67 |
| The Home Depot Inc | 4.62 |
| IDEXX Laboratories Inc | 4.37 |
| Automatic Data Processing Inc | 4.30 |
Investment objective
The investment objective of the Company is to achieve long term growth in value. The Company will invest in equities on a global basis. The Company’s approach is to be a long term investor in its chosen stocks. It will not adopt short-term trading strategies. The Company has stringent investment criteria which the ACD and the Investment Manager adhere to in selecting securities for the Company’s investment portfolio. These criteria aim to ensure that the Company invests in high quality businesses which in the opinion of the ACD and Investment Manager are those: that can sustain a high return on operating capital employed; whose advantages are difficult to replicate; which do not require significant leverage to generate returns; with a high degree of certainty of growth from reinvestment of their cash flows at high rates of return; that are resilient to change, particularly technological innovation; and whose valuation is considered to be attractive.
Morningstar ratingTM
Morningstar sustainability ratingTM
AJ Bell Management Limited (company number 03948391), AJ Bell Securities Limited (company number 02723420) and AJ Bell Asset Management Limited (company number 09742568) are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at 4 Exchange Quay, Salford Quays, Manchester M5 3EE. See website for full details. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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