Has anyone heard of FundSmith? What are your thoughts?

I answered a similar question a while back.

https://seedly.sg/questions/what-are-your-thoug...

my views have not changed.

short answer: I like the fund, but could not find a trusted platform with decent fees to buy into.

hope this helps.

On the one hand the current track record (5 years) seems super and their proposed strategy (longterm, growth stocks) also attractive,sure enough however:

-with more than 1.0% annual fees it is still expensive by todays standards -it comprises a majority of tech sector stocks so the benchmark (international equity) depicted in the fundprospect's chart is flawed -it is potentially underdiversified (only 28 holdings) so maybe good luck by picking some really superperforming stocks could have led to it's hitherto excellent performance

I add a 5 year Chart where we can see that the T class non-accumultating outperformed the U.S. SP500 Growth ETF but underperformed compared to the large & cheap tech ETF VGT

... then, given all the evidence by studies, i doubt that (for stocks) active management has still it's place ...​​​