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Share Name Share Symbol Market Type Share ISIN Share Description
Fundsmith Emerging Equities Trust Plc LSE:FEET London Ordinary Share GB00BLSNND18 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +5.00p +0.41% 1,220.00p 1,215.00p 1,225.00p 1,230.00p 1,220.00p 1,230.00p 23,465 16:00:53
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 7.0 1.9 5.4 228.0 325.01

Fundsmith Emerging Equit... Share Discussion Threads

Showing 251 to 274 of 275 messages
Chat Pages: 11  10  9  8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
17/5/2019
11:55
There are a couple of factors to keep in mind here. The trust is highly concentrated on Indian listed stocks and even more concentrated on sector allocation- holdings are overwhelmingly FMCG. Sectors such as healthcare and technology represent very low weightings currently. The slowing growth experienced by many Indian consumer goods companies has gained some attention recently, might be worth considering. Mondi's re-election would be a positive.
essentialinvestor
16/5/2019
22:18
Spacecake, I cannot see any connection between level of interest and performance. What’s your thinking?
chucko1
16/5/2019
22:08
The level of interest in this fund at launch was a small fraction of the interest that SSON received. I see this continue to struggle
spacecake
16/5/2019
13:11
I've been in since launch. TS said the investable universe of FEET had risen by 30% pa over the decade prior to launch. He also said it was a better long term investment that Fundsmith. It has been disappointing but I suspect a 100% year cant be far away.
mad foetus
16/5/2019
13:05
Yes, that sums it up neatly. High quality portfolio but on a P/E of 45 he certainly paid an expensive price.
topvest
16/5/2019
11:18
Added a few this AM, however Terry may have overpaid for some holdings?. To be fair it's long term value rather than shorter term price he's focussed on.
essentialinvestor
11/5/2019
21:38
Yes, agreed. Performance has been disappointing to date. Needs more time I guess. Terry is a great investor.
topvest
11/5/2019
20:07
disappointing performance for me thus far - i invested in 2017 and the shares are two years on basically the same price. per the fundsmith presentation, if FCF grew by about 15% last year, with roughly the same share price, the companies have become cheaper. i have noticed the number of holdings has significantly reduced since i first invested, now about 41 holdings compared to about 50 before.
m_kerr
28/3/2019
06:52
Seems to have escaped notice (FY results last week): Shareholders will note that in 2018 the Company made a revenue profit and that revenue losses from previous years have now been reversed. As a result, the Board recommends to shareholders for their approval a small dividend so that the Company complies with the investment trust rules regarding distributable income. It is recognised that such relatively small dividends are not material to many shareholders but, having looked into the possibility of a dividend reinvestment plan, the Board has concluded that it is not practical given the relative quantum of share price and dividend. Subject to shareholder approval at the forthcoming AGM, a final dividend of 2p per ordinary share will be paid on 29 May 2019 to shareholders on the register on 26 April 2019. The associated ex-dividend date is 25 April 2019. At least not a disastrous year, as total return on net assets fell 3% last year, outperforming the 9.3% decline in the MSCI Emerging & Frontier Markets index. "In the past three years the trust has underperformed rival emerging markets trusts with a 26% return to shareholders compared to the 60% average. Nevertheless, it retains investor support with the shares currently standing at a small premium over NAV in contrast to rivals that trade on an average 8% discount below asset value." [Citywire.]
jonwig
17/3/2019
20:59
Thanks for posting. Definitely something to watch this week. Probably the best investor at the UK at this point in time, in my view. Nick Train probably a close second.
topvest
17/3/2019
10:35
the 2019 main fund meeting is on youtube now (not yet on the website) https://www.youtube.com/watch?v=d3cRr318ve4 A few points of interest: 1) They back-tested the portfolio against market collapses in 1999 and 2007, with favourable results. @ 29;50 2) Brexit effect? Only approximately 2% of the portfolio revenue is generated in the UK @ 34:00. 3) They have an organic growthometer of their portfolio companies which is their litmus test @ 47:00 4) They discuss their Facebook holding ! @ 50:00 5) They discuss the performance of the portfolio holdngs vs their investable universe @1:24:00. 6) Their new holding is McCormick a FMCG company @ 25:30
hectorscrackhouse
28/2/2019
11:49
chucko - it's always interesting to read what he says, but his two danger signs aren't ones I'd have picked. Trump may be going soft on China, and there's his recent public spat with Lighthizer - Trump is more concerned with losing US jobs from his base than doing the right thing. And inflation? when the signs appear to be more of slowing, withdrawal of liquidity and falling interest rates.
jonwig
28/2/2019
11:33
Could have gone on the SSON board. Though probably better not - they’ve been a miserable bunch, unhappy that the fund price went below par and that TS had bought some rubbish. So some of them sold, or didn’t buy, and the fund went up 11%. At least FEET hasn’t done that of late.
chucko1
28/2/2019
06:35
Terry Smith, a rare prediction on the direction of stockmarkets: Https://citywire.co.uk/funds-insider/news/terry-smith-two-threats-that-will-end-this-bull-market/a1204970?ref=citywire-money-latest-news-list Nothing on EMs, but nowhere else to put this.
jonwig
03/12/2018
14:22
somebody seems to be buying 12467 shares repeatedly today. That is 150k a pop. Dat you Tel?
hectorscrackhouse
17/10/2018
09:06
Meanwhile .... Terry Smith beats Woodford with record £822m Smithson launch Terry Smith has raised a record £822.5 million for his new Smithson investment trust, beating the previous peak set by Neil Woodford’s Patient Capital trust three years ago. https://citywire.co.uk/money/terry-smith-beats-woodford-with-822m-smithson-launch/a1165948
zho
12/10/2018
11:07
mmm down 2.5%ish yesterday to 10.77. so maybe wed move was an outlier
llef
12/10/2018
08:42
Essentialinvestor - yes that's true, but still surprising that NAV rose on wednesday. guess the stocks are more defensive (in keeping with ethos of founder) and hence more resilient in times of panic?
llef
11/10/2018
15:40
WO, it's 1 day behind surely. Apologies for any ambiguity.
essentialinvestor
11/10/2018
15:20
Amazingly NAV ps actually went up yesterday slightly, now £11.
wirralowl
11/10/2018
10:39
Very true :-)
wirralowl
11/10/2018
10:32
There is unlikely to be much of a discount on today's update.
essentialinvestor
11/10/2018
10:13
Yeah, now a 3.7% discount to yesterday's NAV of 1094p. A small top up for me in my SIPP (pretty confident in this LT too!), but agree we could be heading sub £10.
wirralowl
11/10/2018
09:10
What a difference a day makes, eh. The premium struck me as borderline bizarre. Had a small amount, heading under £10?.
essentialinvestor
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