10 July, 2020 10:23:31 | By Smithson

10 July, 2020 10:23:31 | By Smithson

09 July, 2020 10:21:16 | By Smithson

09 July, 2020 10:21:16 | By Smithson

08 July, 2020 17:13:08 | By Smithson

08 July, 2020 09:48:47 | By Smithson

08 July, 2020 09:48:47 | By Smithson

07 July, 2020 10:31:54 | By Smithson

07 July, 2020 10:12:05 | By Smithson

07 July, 2020 10:12:05 | By Smithson

14 May, 2020 | By Justin Cash

Portfolio manager Simon Barnard tells us how he is piloting Smithson – the trust the star manager, Terry Smith, helped fund – through choppy waters.

01 April, 2020 | By Jessica Tasman-Jones

Fundsmith investment trust delivers less than half the 23% falls seen in the MSCI index. The Smithson Investment Trust has revealed the stocks in its portfolio that have buoyed performance during the coronavirus sell-off as part of a remote presentation given during its first AGM.

23 March, 2020 | By Nick Sudbury

The Smithson Investment Trust has held up better than many other equity funds because of its quality bias and focus on strong balance sheets.

27 February, 2020 | By Yoosof Farah

In its first set of annual results since listing, Terry Smith’s fledgling investment trust Smithson has significantly outperformed its benchmark.

29 October, 2019 | By Miles Costello

Never one to care much what the rest of the world thinks of him, Terry Smith has contentedly ploughed his own furrow since setting up his own investment management firm nine years ago. With a distinctive, selective, long-term investment style, Fundsmith made its name with the unlisted £18 billion Equity Fund, which was launched in 2010.

10 October, 2019 | By Daniel Coatsworth

A year ago Smithson became the largest ever investment trust launch, raising £822.5m to invest in quality small to mid-cap companies. Investors lapped up the shares in the hope they would deliver similar success to its sister fund, Fundsmith Equity. Their faith has been rewarded with Smithson having achieved 18.8% return...

13 August, 2019 | By Morningstar

Smithson Investment Trust PLC said Tuesday it outperformed its comparative index for the period from its London listing on October 19 last year to the end of June, amid improved market conditions.

02 October, 2018 | By Money Marketing

Last month, star manager Terry Smith announced he was throwing £25m of his own money behind a new investment trust, Smithson. Ahead of its launch, Money Marketing editor Justin Cash sat down with Simon Barnard and Will Morgan, the fund’s managers, to talk strategy, as well as their thoughts on some of the hottest topics in investments.

03 January, 2019 | By Terry Smith

Tumult, turbulence and turmoil are just the words beginning with the letter T used by commentators to describe the behaviour of stock markets in October. I think it’s always good to look at the definition of the words we are being asked to accept. For example: turmoil, noun: a state of great disturbance, confusion, or uncertainty . synonyms: confusion, upheaval(s), turbulence, tumult, disorder.

07 November, 2018 | By Terry Smith

As an equity fund manager, questioning the investment myth that equities outperform bonds is the equivalent of coprolalia, an occasional characteristic of Tourette’s syndrome in which the sufferer involuntarily utters socially inappropriate remarks.

03 October, 2018 | By Terry Smith

There seems to be something so alluring about dividend income that it often seems to lead investors to abandon common sense or be encouraged to do so by the investment industry. For example, how many times have you heard it said that the majority of returns from investment in equities comes from reinvestment of the dividends?

01 September, 2018 | By Terry Smith

Adding small-caps to a global equity portfolio adds value without heightening the risk. If you are an investor you may have encountered these two adages. First, that in order to earn a higher return you must take greater risk. Second, asset allocation is the most important contributor to performance.

18 January, 2018 | By Terry Smith

You decide to buy a car. You tell the dealer you want to be environmentally responsible and trust him to supply something appropriate. You had an electric car in mind but he supplies a hybrid. Not too bad, but when it arrives you find that the internal-combustion part of the power plant is a diesel supplied by a German maker caught lying about emissions.

04 August, 2017 | By Terry Smith

It might be tempting to view last week’s fall in the AstraZeneca share price in isolation, related to the results of the “Mystic” lung cancer drug trial. However, I suspect that AstraZeneca’s problems go much deeper than a setback for a single drug.

20 April, 2017 | By Terry Smith

Investment in stocks and shares – equities – has a unique advantage over other asset classes which in my experience is rarely understood and almost never discussed. Equities can compound in value in a way that investments in other asset classes, such as bonds and real estate, cannot. The reason for this is quite simple: companies retain a portion of the profits they generate to reinvest in the business.

07 March, 2014 | By Terry Smith

In this centenary year of what contemporaries called the Great War and we now call the first world war – because it became necessary to number them – what can we learn from the changes in the constituents of the stock market over the intervening century?