The investment trust has been hit by shifting investor sentiment but is sticking to a successful recipe
Thursday 12 May 2022 Author: Tom Sieber
Smithson (SSON) £12.84 Loss to date: 32.9% Original entry point: Buy at £19.15, 2 September 2021 Shares in Fundsmith’s mid-cap focused investment trust Smithson (SSON) are now trading at an 8% discount to net asset value, a significant change to the premium at which it has generally traded since inception in 2018. The company’s focus on quality has been at odds with a market rotation into value since last...