Share Name Share Symbol Market Type Share ISIN Share Description
Fundsmith Emerging Equities Trust 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% 1,225.00p 1,215.00p 1,240.00p 1,240.00p 1,230.00p 1,230.00p 34,862 16:35:17
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 6.0 1.4 4.1 297.3 314.21

Fundsmith Emerging Share Discussion Threads

Showing 201 to 222 of 225 messages
Chat Pages: 9  8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
24/3/2018
19:44
2) I buy enough of BF's product tbh Slightly worried about his purchase of Facebook last month(according to their factsheet) Not great timing to say the least. LOL
goyathlay
24/3/2018
15:36
goyathlay 1) bought it! 2) own dge so not buying it haha
mozy123
24/3/2018
13:24
Slightly off-topic but the presentation for the main fund's AGM is on the website now. Different format from previous years with Jeff Randall as compere. Not as repetitive as usual either with the Q&A session covering different ground. Won;t spoil it but two questions sttod out: 1) Which one stock could you envisage holding for 50 years? 2) Which stock was the one you most regret NOT buying? Enjoy! hxxps://www.fundsmith.co.uk/tv
goyathlay
22/12/2017
13:49
Nice finish for the holidays
spacecake
19/12/2017
16:23
Emerging Markets ETFs and the Jaws of Death Have the "Jaws of Death" started to close any I wonder ?
spacecake
08/12/2017
10:02
The last months factsheet is interesting: NAV up 4.5% while benchmark was down 1.7%. I think there is a real battle in emerging markets between the influence of trackers and underlying fundamentals. It is good to see a divergence from benchmarks and perhaps augers well.
mad foetus
08/12/2017
09:21
Fund factsheet for November: Http://www.feetplc.co.uk/fund-factsheet I think anyone criticising the performance here should have known that its investment universe and parameters are no those of a normal EM fund. For example, it uses no benchmark index for comparative performance. The test will be how it does in the (inevitable?) EM market downturn. (it's done OK lately, of course.)
jonwig
07/12/2017
16:04
Sometimes I almost forget I have a shed load of these. Nice to see some movement at last.
mad foetus
26/11/2017
11:49
reported NAV breaches £12 for the first time !
maiken
24/11/2017
14:32
wakey, wakey ... looks like something positive is in progress, 1200p here we come.
spacecake
13/11/2017
12:21
mad foetus - I agree they should drop their fee. If I recall correctly they said they would start with this fee and then maybe evaluate it if the fund increased to a certain size. I think the IPO level was £200m and now it is about £280m. However, in reality I think they will be loath to cut their fee. It is seen as a sign of weakness to do so. The only real threat is if this goes to a large discount then a hedge fund or agitator comes in and calls for change in the form of lower fees or buy backs. In terms of the performance it is worth noting that part of it is due to issuing new shares at a premium. We have also had dividends reinvested over the period. So on balance the overall performance is lacklusture since the IPO. However, this could just be the cyclical nature of markets.
trytotakeiteasy
13/11/2017
09:22
I may drop them a line suggesting that, in light of the lacklustre performance, they should consider reducing their fees. Would urge others to do the same.
mad foetus
09/11/2017
19:17
I see they have added LSE listed DP Eurasia, good move IMHO.
spacecake
01/11/2017
11:49
Fundsmith are launching a Sustainable Equity Fund today. "For the last three years, Fundsmith has been running a sustainable equity segregated mandate for Comic Relief the portfolio of which will form the basis for FSEF. This portfolio has compounded in value by 23.9% p.a.1, almost the same as the Fundsmith Equity Fund over the same period." https://www.fundsmith.co.uk/news/article/2017/11/01/fundsmith-sustainable-equity-fund-launches
zho
29/10/2017
09:45
An outbreak of euphoria hits US tech stocks again while much of the news from emerging markets is gloomy, Asian flu, Trump vs China, North Korean situation, rising commodity prices which don't favour terry choice of stocks. I dont think this portfolio is exposed to high speed electronic supply chain investments, otherwise known as the internet.
spacecake
29/9/2017
14:53
mad foetus - I am not sure Terry's explanation holds water. If you look at FEET's top holdings they have performed well in the last five years. FEET has performed poorly. I think the explanation may be poor stock selection for some of the smaller holdings in the Trust. I think the Trust has bought very expensive consumer staple stocks in developing markets. The ongoing fee is also relatively high for the Trust. Another factor is that there is quite high country risk given that many of the holdings are exposed to only one country. In my view the explanation isn't only as Terry states but is in reality partly due to poor investment management. With the Trust not paying a dividend the returns over the long-term have been pretty dire.
trytotakeiteasy
28/9/2017
14:41
I think there are two things here - First, general tone that EMs are more likely to deliver returns than DMs in the near future, Second, worries about the dominance of passive investors (trackers, but more so ETFs) and what will happen in a downturn. Here, his view is, I think sound but we might have longer to wait than we think before vindication. Taking both into account, maybe FEET should be one foot in EMs? My other (a bigger foot) is UEM which is a decent divi payer and performer. Both eschew banks and similar financials!
jonwig
28/9/2017
14:00
I think I may die of boredom following this Trust. Not sure why their performance has been so lacklusture.
trytotakeiteasy
08/9/2017
11:05
Just noticed Terry Smith purchased 30000 shares at 1156 the other day. Now holds 530000.
aa29
28/8/2017
05:48
Shares in Fundsmith Emerging Equities (FEET) are trading at their biggest-ever discount, as their remarkable rating since the fund's launch three years ago wobbles. Shares in the trust were yesterday trading hands at £11.47, 2.9% below net asset value (NAV). Not so unusual, you might think, and particularly not for an emerging markets trust, where double-digit discounts tend to be the norm. But any discount on shares in the trust, run by star fund manager Terry Smith, is a rare occurrence. Since its launch in June 2014, when it soared to a double-digit premium, they have only previously traded below NAV for three short periods: on 2015's China-fuelled 'Black Monday', when China fears re-emerged at the beginning of 2016, and in the aftermath of the Brexit vote. Yesterday's 2.9% discount contrasts with a 12-month average premium of 1.4%, which has reached a high of 5% over the past year. That gives the shares a Z-score of -3.7, placing them right at the top of the 'cheap' list of investment trusts compiled by Numis Securities. Http://citywire.co.uk/investment-trust-insider/news/investment-trust-watch-terry-smiths-feet-stumbles/a1044067
peterbill
09/8/2017
13:08
Thanks for the link. Whats going on with the 1% discount at the moment? Share price should be at about 1190 based on recent premiums to NAV
samuelcafc
09/8/2017
06:46
FEET wants to make a bigger footprint in India: Http://citywire.co.uk/investment-trust-insider/news/feet-wants-to-make-a-bigger-footprint-in-india/a1040568?ref=investment-trust-insider-latest-news-list
jonwig
Chat Pages: 9  8  7  6  5  4  3  2  1
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:32 V: D:20180423 23:06:40