Smithson Investment Share Discussion Threads

[mellodaniel] 31/3/2026 18:01:23

The newly launched Smithson Equity Fund will be at Mello Birmingham on 22 April.

Simon Barnard will be presenting and taking questions from investors.

Get 25% off your ticket with code MBADVFN Tickets are available at:

[nwb] 20/3/2026 12:02:35

Can you include the new fund in an ADVFN portfolio ?

[tiger blue] 18/3/2026 10:48:23

Currently trading at 94.89p, started at 100, so still a bit above old equivalent suspension price of 1438p. Will be better today if they still hold Diploma which is up 18% today.

My broker also yet to update holding, but you can follow the price on the Fundsmith website.

[oggyrocks] 17/3/2026 14:03:34

Anybody know what’s happened to this. My shares with Barclays are still on hold. Has it started trading yet as a new entity ?

[mattboxy] 02/2/2026 22:57:51

Any general feelings on what the best course of action is here?

[nk104] 01/12/2025 13:00:50

I'll probably sell near the end of the tax year. The discount should continue to narrow other things being equal.

[steve3sandal] 12/11/2025 13:36:32

…subject to the NAV remaining at 1666p. This is anyone’s guess. 2.28% in 5 months isn’t an obvious steal either.

I’ll definitely sell around NAV by March as my platform charges excessively to hold Unit Trusts OEICS whereas ITs are reasonable cost.

[apollocreed1] 12/11/2025 13:30:28

So if I buy this now at 1628, I guess I can make 2.28% upon the rollover, seeing that the NAV is 1666p

[wad collector] 12/11/2025 08:38:24

Yesterday's NAV was 1666p at close. Interesting.....

[steve3sandal] 12/11/2025 07:45:59

Should trade close to NAV today on the ORIC RNS.

Inevitable given SABA, the discount, large liquid holdings.

A new chapter for ITs though BG did it with Positive Change Trust.

[mellodaniel] 29/10/2025 09:49:56

Simon Barnard of Smithson Investment Trust will be presenting at Mello London on the 19th November 2025.


If you are not familiar with us at MELLO, we have created a two-day investor conference that will include top quality keynote speakers including Richard Staveley (Rockwood Strategic), Judith MacKenzie (Downing), Tom Dorner (Polar Capital) and Lord John Lee (leading UK Private Investor).

The conference will feature panel sessions such as our popular Mello BASH (Buy, Avoid, Sell, Hold) with professional investors and analysts like Paul Scott. There will be over 40 other exhibiting & presenting companies including Mercia Asset Management, Kernow Asset Management, Seraphim Space Investment Trust, Time Finance, Mortgage Advice Bureau, B.P. Marsh, Personal Group & more...

Get 25% off your ticket with code MLADVFN25. Tickets are available at:

Please note tickets are currently on general sale. Tickets are on general sale for a limited period.

[mellodaniel] 15/8/2025 08:34:01

FREE WEBINAR: As an FYI, Smithson will be joining us to present on the 9th September for our Investment Trust & Fund webinar.

Join us on the 9th September from 1pm for an excellent Trust & Funds show. A keynote will kick off the webinar followed by various investment trust & fund presentations, educational presentations and more.



The full line up is as follows (subject to minor change):

1:00pm Keynote Speaker

1:30pm Company Presentation from Law Debenture (LON:LWDB)

2:00pm Company Presentation from AVI Global Trust (LON:AGT)

2:30pm Company Presentation from Jpmorgan Indian Investment Trust (LON:JII)

3:00pm Educational Presentation

3:15pm Company Presentation from Smithson Investment Trust (LON:SSON)

3:45pm Educational Session

4:00pm Company Presentation from Harbourvest Global Private Equity (LON:HVPE)

4:30pm Panel Session

These are very popular shows with company presentations, investing interviews, and panel sessions.

You can register for this webinar FREE here:

[steve3sandal1] 06/8/2025 19:52:17

Recently bought in here 1500/1515p area. Given the liquidity of the holdings I saw the discount as an opportunity. It's probably too large to be able to match supply and demand on a non UK familiarity basis. Definitely issued too many shares when it was a new and popular thing. I'd certainly encourage buying back another 35% in the next 2-3 years and it'll take that to trade around NAV in my view. Meanwhile I like the portfolio and today's HY commentary was encouraging that they have a sell high strategy even if they buy a bit high too. About 2% for me and likely to leave it there as I do like dividends.

[makinbuks] 06/8/2025 09:43:55

You buy back 35% of the company's shares and the discount narrows from 12% to 10% which it probably would have done anyway given the market trend lately. What does that tell you?

[mellodaniel] 09/5/2025 11:46:23

Simon Barnard will be joining us at Mello 2025 in Chiswick, West London on the 4th June. He will be presenting to private investors twice and likely to be very popular!

If you are not familiar with us at MELLO, we have created a two-day investor conference that will include top quality keynote speakers including Ben Rogoff (Polar Capital Technology Trust), Georgina Brittain (JP Morgan AM), Christopher Mills (Harwood Capital Management) and Lord John Lee (leading UK Private Investor).

The conference will feature panel sessions such as our popular Mello BASH (Buy, Avoid, Sell, Hold) with professional investors and analysts like Paul Scott. There will be over 50 exhibiting & presenting companies including Rockwood Strategic, JP Morgan AM, Nippon Active Value Fund, Law Debenture, TPFG, Time Finance, Smiths News, Mortgage Advice Bureau, Personal Group, & more...

Get 50% off your ticket with code MMTADVFN50. Tickets are available at:

For this week only, you can secure a £30 per day ticket with code NewMello25

[srichardson8] 06/5/2025 09:24:16

The Today programme at 16 mins past 6 has an interview with Terry Smith.

[milesy] 01/2/2025 13:25:27

Despite recent share price rise, NAV is also on a good run so discount is maintained.

[jaf1969] 31/1/2025 16:55:17

Yeah I been here since the outset, and this has been a big disappointment following the popularity at launch. I should have dumped this long ago as they dont warrant 0.9% OCF and moved to global tracker, but perhaps this Saba saga will close the discount and will provide an exit opportunity at recent highs.

[tiger blue] 30/1/2025 11:24:32

I'm a long-term holder here. I don't like what Saba is doing across the sector, it's short-termist and purely self interested. I doubt they will succeed with Smithson but if the attention helps narrow the discount a bit I won't complain.

[pvb] 30/1/2025 10:47:06

Not a holder, just saying:

Saba moves in on Terry Smith trust



Filings reveal US hedge fund Saba Capital has started building a stake in Smithson investment trust, suggesting it may become a target.

[mozy123] 22/1/2025 10:02:24

Good to see this pushing on.

[cruelladeville] 08/5/2024 08:45:39

Got rid of my SSON today. Waited too long, but it's gone.

[adamb1978] 26/4/2024 11:58:43

Easy to have regrets Cruella but they can chew you up.

Its also human nature (I believe) to remember the bad decisions which we've each made (ie not selling at a top, or not buying something which shot up)....but not remember as well the good decisions such as not buying something which they fell or continuing to hold as the price went up further.

All the best with the adjustments to your PF

[cruelladeville] 26/4/2024 10:56:17

To add for context, I have held since IPO and bitterly regret not selling out over 2000p when I could have.