Fundsmith Emerging Equities Trust
May 2022 AGM
www.feetplc.co.uk | Private & Confidential |
Important notice
Fundsmith LLP ("Fundsmith") is authorised and regulated by the Financial Conduct Authority and only acts for the funds to whom it provides regulated investment management and transaction arrangement services. Fundsmith does not act for or advise potential investors in connection with acquiring shares in Fundsmith Emerging Equities Trust plc and will not be responsible to potential investors for providing them with protections afforded to clients of Fundsmith. Prospective investors are strongly advised to take their own legal, investment and tax advice from independent and suitably qualified advisers. The value of investments may go up as well as down. Past performance is not a guide to future performance. Fundsmith LLP is a limited liability partnership registered in England and Wales with number OC354233. Its registered office address is 33 Cavendish Square, London, W1G 0PW.
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Performance & attribution
Private & Confidential
Performance
% return
2022 | Since | ||||||||||
YTD | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014* | Annualised | ||
inception | |||||||||||
to Apr | |||||||||||
FEET NAV1 | -8.9 | +3.8 | +20.7 | -0.5 | -3.0 | +21.2 | +12.0 | -7.0 | +0.1 | +39.3 | +4.3 |
FEET share price 2 | -13.6 | -3.4 | +29.1 | -7.4 | -9.4 | +24.5 | +10.5 | -10.9 | +7.2 | +18.7 | +2.2 |
Emerging markets 3 | -5.2 | -1.4 | +14.4 | +13.9 | -9.3 | +25.3 | +32.4 | -10.0 | +0.5 | +65.7 | +6.6 |
UK bonds 4 | -5.6 | -4.5 | +4.6 | +3.8 | +1.2 | +1.4 | +6.5 | +1.0 | +7.4 | +16.0 | +1.9 |
UK cash 5 | +0.1 | +0.1 | +0.3 | +0.8 | +0.7 | +0.4 | +0.5 | +0.6 | +0.3 | +3.8 | +0.5 |
- Net of fees, priced at UK market close (Source: Fundsmith).
- At LSE close (Source: Fundsmith).
- MSCI Emerging & Frontier Markets Index (£ Net) priced at close of business US EST (Source: www.msci.com).
- Bloomberg/EFFAS Bond Indices UK Govt 5-10yr (Source: Bloomberg).
- £ Interest Rate (Source: Bloomberg).
From 25.6.14. | 3 |
Disclaimer: Past performance is a not a reliable indicator of future results. |
2021 attribution
Largest contributors | 2021 |
Avenue Supermarts | 2.2% |
Metropolis Healthcare | 2.0% |
Havells | 1.8% |
Dr Lal Pathlabs | 1.6% |
Asian Paints | 1.1% |
Largest detractors | 2021 |
Foshan Haitian | -2.3% |
Vitasoy | -2.1% |
Yihai | -1.4% |
Mercadolibre | -1.2% |
Tencent | -0.8% |
Source: Fundsmith. | 4 |
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Disclaimer
Fundsmith Emerging Equities Trust plc published this content on 26 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 May 2022 12:20:24 UTC.