Objective
To provide shareholders with an attractive return by investing in a portfolio of shares issued by listed or traded companies which have the majority of their operations in developing economies.
Management group
Fundsmith
Launch date
25/06/2014
Domicile
United Kingdom
Fund manager
Michael O'Brien, Sandip Patodia
Dividend frequency
Annually
Wind-up provisions
The Company's constitutional documents require that, if after the end of the fourth financial year of the Company's existence (being the year ended 31 December 2018) or any subsequent year, the Company's Ordinary Shares have traded, on average, at a discount in excess of 10% of the net asset value per ordinary share in that year, the Directors will consider proposing a special resolution at the Company's next AGM that the Company ceases to continue in its present form.
Total assets (m) Market Cap (m) Price (last close) NAV Dividend dates Discount / premium (%) Gearing (%) Dividend yield (%) AIC ongoing charge (%)
383.09 348.32 1,325.00 1,457.27 May -9.08 1 0.15 1.25 (31/12/2020)
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Dividends

Dividends declared in last 12 months

Ex-Dividend date Payment date Dividend amount Dividend type Special dividend Financial year
15/04/2021 03/06/2021 2.000 Income No 2020
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Performance (%)

Return type 1 year 3 years 5 years 10 years
Fundsmith Emerging Equities Share price total return -10.3 7.5 24.6 N/A
Global Emerging Markets AIC sector Share price total return -6.0 28.1 54.4 97.7
Morningstar Emerging Markets * Total return -4.1 28.2 46.3 99.8
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* The Morningstar market index is not necessarily the official benchmark of the investment company, however it has been identified as an appropriate comparative index. Please hover over the definition for further detail on the index construction.

Share structure

Number of shares
26,288,283

Traded volumes (number of shares)

  Yesterday 1 month 1 year 5 years
Total 36,787 1,639,294 16,224,542 54,447,871
Average N/A 38,008 41,148 44,371
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Traded values (m)

  Yesterday 1 month 1 year 5 years
Total 0.49 23.94 188.88 632.48
Average N/A 0.51 0.57 0.53
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Trading details

ISIN TIDM Traded currency Stock exchange
GB00BLSNND18 FEET GBX London Stock Exchange - MAIN
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Top holdings

Data as at : 30/06/2021

Investment % of total assets
MercadoLibre Inc 6.7
Foshan Haitian Flavouring and Food Co Ltd Class A 6.4
Asian Paints Ltd 5.0
Info Edge (India) Ltd 4.5
Vitasoy International Holdings Ltd 4.0
Havells India Ltd 3.8
Marico Ltd 3.8
Metropolis Healthcare Ltd 3.7
Avenue Supermarts Ltd 3.7
Tencent Holdings Ltd 3.6

Morningstar logo Data provided by Morningstar.

FE fundinfo logo Company documents provided by FE fundinfo.