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FEET Fundsmith Emerging Equities Trust Plc

1,240.00
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Fundsmith Emerging Equit... Investors - FEET

Fundsmith Emerging Equit... Investors - FEET

Share Name Share Symbol Market Stock Type
Fundsmith Emerging Equities Trust Plc FEET London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 1,240.00 01:00:00
Open Price Low Price High Price Close Price Previous Close
1,240.00 1,240.00
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Top Investor Posts

Top Posts
Posted at 23/8/2021 09:48 by spangle93
Latest Kepler research on FEET available here
Posted at 08/12/2020 19:10 by dr know
Last Friday's Chronic Investor had a full page advert for FEET so it looks like the company has decided to do something about the share price and drum up more interest. It's by far the worst performer of the Fundsmith stable. It must be an embarrassment to them.
Posted at 19/11/2020 21:46 by m_kerr
'i invested at £11.65, so down a bit (15%) on that price, and in NAV terms down a couple of percent. i intend to keep the shares as i think they will grow on a 3 year view.' wow - what a difference 7 months makes! this has been a very stable investment in NAV terms despite all the ups and downs this year, though although the discount has narrowed, it's still there, and as investors we can only ever realise the share price, not NAV. for this reason i dont want to see any new investments made until that discount goes. i welcome buybacks, but why they didn't do so at sub £10 a while back, i dont know. the shares have not yet been cancelled, they are held in treasury.
Posted at 09/1/2020 17:56 by essentialinvestor
Woodford shocked me tbh, have to admit looking at his Income Focus fund at one point- for some UK cyclical exposure. Luckily decided against it. If someone had told me 5 years ago how
It would end up, probably would have suggested they seek help. But it happened.

Then again investors were paying a near 100% premium to NAV on LTI just a few months back. To me that was la la land stuff.
Posted at 26/11/2019 17:29 by srichardson8
Every emerging market investment trust in the Trustnet universe is at a discount to book. Over 5 years Fundsmith Emerging NAV is up a paltry 2%, 9th of 13. Number 8 is up 26%, number 1 (JPM Emerging) is +76%. Over 3 years and 1 year it is respectively 9/13 and 10/13. Pretty lousy. It has 42% in India, 11% in Hong Kong and 6% in Egypt. The politics in those three has not been great, their economies are stressed. I am not surprised that investors have given it a higher risk rating. Not before time. It is just not very good.
Posted at 26/11/2019 14:43 by jonwig
I guess investors no longer trust 'star' fund managers as untouchable. Nick Train has had an upset, and Smith too: maybe we now have a touch of reality? (Woodford possibly a timely warning about the mighty fallen?)

Discount at about 9%: if the market is toppy (I think so) discounts can widen further.
Posted at 04/7/2019 17:03 by edwards9
I am hoping that where there are companies that meet the existing investment criteria/rationale & are included within ETF flows, that these companies will be prioritised over ones that are not benefiting from ETF flows.

This would in the near term increase the portfolio turnover but hopefully would enable higher returns for FEET investors.
Posted at 03/7/2019 13:16 by essentialinvestor
Many investors are also looking for yield. HFEL, SOI etc pay growing dividends.
Posted at 12/6/2019 11:57 by chucko1
EI, it has never been bigger. Anyone would think that TS is going for a long walk. He isn’t. You could wake up one day and find the NAV is 1450p as the thesis began to play out, if only slightly. With a likely reduction in discount as investors remind themselves what this is really all about.

I am mildly persuaded that the two “replacement” fund managers will succeed in bringing the additional focus to details that TS could not stretch himself to. But they will surely be overseen by TS such that the thesis, by which investors in his other fund(s) have done very well, remains the principal component of this fund.

I am not buying more as I feel that the current weak GBP could be a significant headwind for some time as it returns to a higher level on the eventual conclusion(?? - have I lost my marbles?) of Brexit.
Posted at 22/5/2019 21:19 by topvest
Sign of a great investor. He says "sorry" and aims to make changes when things haven't quite gone to plan. Think the new plan makes sense, as otherwise Terry Smith is over-stretching himself.

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