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FEET Fundsmith Emerging Equities Trust Plc

1,240.00
0.00 (0.00%)
18 Apr 2024 - Closed
Delayed by 15 minutes
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 Shares Traded Last Trade
  0.00 0.00% 1,240.00 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
1,245.00 1,255.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 1,240.00 GBX

Fundsmith Emerging Equit... (FEET) Latest News

Real-Time news about Fundsmith Emerging Equities Trust Plc (London Stock Exchange): 0 recent articles

Fundsmith Emerging Equit... (FEET) Discussions and Chat

Fundsmith Emerging Equit... Forums and Chat

Date Time Title Posts
13/12/202211:54FEET in ISA during liquidation1
23/9/202220:48Fundsmith Emerging Equities Trust PLC 503
24/9/200212:37MA TUVOKS FEET CLEANING BUISNESS,no foot turned away!11

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Fundsmith Emerging Equit... (FEET) Most Recent Trades

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Fundsmith Emerging Equit... (FEET) Top Chat Posts

Top Posts
Posted at 13/12/2022 11:54 by datamatters
If anyone is in this situation -- FEET was very helpful in explaining why IG was wrong to proceed this way -- unlike for shares in individual companies, shares in unit trusts do not have to be listed for them to remain ISA elligible, i.e. 30 days post-delisting rule does not apply to them.

From :

Shares in an investment trust are qualifying investments if the investment trust satisfies the requirement for investments.

Securities in an investment trust are qualifying investments if they meet the same conditions as those detailed for securities and before 1 July 2015, the investment trust satisfied the requirement for investments.

A company is an ‘investment trust’ if it is such a trust for the purposes of section 1158 of the Corporation and Taxes Act 2010.


Feel free to send me a message if you want to discuss further / have issues with IG in this matter, I am quite deep in the process of dealing with them on this.
Posted at 26/11/2022 15:38 by datamatters
I hold some FEET shares in my ISA. My broker (IG) has transferred these without consulting me outside of the ISA account into non-ISA trading account, claiming some alleged HMRC rule that prevents delisted security to be held within ISA for more than 30 days. This will mean I am to lose my ISA allowance in FEET. I'd be grateful to hear from others who hold this through liquidation in ISA, both within IG and elsewhere, how your broker treated this. Thank you.
Posted at 16/9/2022 07:34 by glavey
Cold feet.
Posted at 15/9/2022 09:51 by apparition1
Yes halfpenny I sold all mine yesterday. If you hold you'll get the cash value of the proceeds in 2 or 3 month (these things tend to stretch out) or you can sell now at the quoted bid price (1325p as I write).
Posted at 14/9/2022 11:28 by spectoacc
Interesting that FEET, JEFI, SGEM have all gone, and none have sold out at a particularly good time (not saying market won't go lower, but they're selling/sold considerably lower than recently).

Or is it a sign of the bottom of the Emerging Markets...

Or a sign of the top at Fundsmith.
Posted at 14/9/2022 08:32 by 1liam
Feet up, relaxed :)
Posted at 14/9/2022 08:02 by spectoacc
Not sure whether to say "credit for recognising it and doing the right thing", or "what took you so long - we've been saying it for years", or "FEET was worth a few millions a year in fees to you, whereas £23bn Fundsmith is worth hundreds of millions, isn't this just a move to avoid the reputational damage of having such an under-performer".
Posted at 19/6/2022 19:59 by spectoacc
Much as I like T Smith, have to agree. He gets to rip 1.4% pa out of Fundsmith & whilst it's done fantastically for ages, does feel like we're now into the mean reversion stage.

1.4% when doing 15% pa seems OK (albeit he's having nearly 10% of your gains), but 1.4% when flat or down isn't too pleasant.

SSON/FEET are Fundsmith without the gains, & not entirely sure why (particularly in SSON's case).
Posted at 15/3/2022 13:31 by essentialinvestor
Deceptively easy as an armchair critic applying hindsight, however some
of their portfolio management decisions lead to head scratching.

Take Foshan Haitian, which at peak valuation sold on approx 100 x FY 2022 and
80 x FY 2023 earnings. Price topped out near 180 CNY, now under 87.

To my knowledge the position was not trimmed at any point.


Reading the 2021 Interim Report the Manger mentions a recent purchase, Yihai.
That stock is now down 80% over 12 months!. Position size not disclosed but would guess FEET may have allocated 2%. Wow.
Posted at 20/1/2022 09:19 by muzerewa
The truth is we're in something of a bear market / correction territory, call it what you will. Emerging market indexes havent's done great over the last year either.

Technology stocks generally seem to have fallen out of favor, although that's been masked by the relative strength of Apple, Amazons and the other tech titans. FEET pivoted to the tech sector a couple of years ago which was the right long term call I think, but it certainly had adverse affect on recent share performance.

Some interesting commentary on FEET's largest holding MercadoLibre. seekingalpha.com/article/4480076-mercadolibre-stock-undervalued-growth-powerhouse

So the investment thesis doesn't seem to have changed much but the price has fallen, savagely so. I expect the MercadoLibre story is replicated elsewhere in the portfolio.

So what should FEET do now, sell MercadoLibre? I think not. Better I think to hang on in there, and I'm planning to do likewise with FEET and will probably buy more over time.
Fundsmith Emerging Equit... share price data is direct from the London Stock Exchange

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