It’s just invested in Wingstop and already has stakes in two Domino’s Pizza groups
Thursday 06 May 2021 Author: Daniel Coatsworth
Investment trust Smithson ( SSON ) has built a reputation for investing in quality companies and its performance has been good since launch in October 2018, up 65.8% versus 33.4% from the MSCI World SMID index benchmark to 31 March 2021. Investors may therefore wonder why it is backing chicken and pizza businesses. These are highly competitive, commoditised parts of the fast-food industry with no barriers to entry and...