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
  15.00 1.38% 1,105.00 40,471 16:35:14
Bid Price Offer Price High Price Low Price Open Price
1,095.00 1,105.00 1,100.00 1,095.00 1,095.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 5.63 0.68 0.56 1,973.2 290
Last Trade Time Trade Type Trade Size Trade Price Currency
16:48:06 O 6,500 1,100.00 GBX

Fundsmith Emerging Equit... (FEET) Latest News (1)

Fundsmith Emerging Equit... News

Date Time Source Headline
28/6/202210:32UKREGFundsmith Emerging Net Asset Value(s)
27/6/202210:13UKREGFundsmith Emerging Net Asset Value(s)
24/6/202210:31UKREGFundsmith Emerging Net Asset Value(s)
23/6/202210:10UKREGFundsmith Emerging Net Asset Value(s)
22/6/202210:28UKREGFundsmith Emerging Net Asset Value(s)
21/6/202209:56UKREGFundsmith Emerging Net Asset Value(s)
20/6/202210:57UKREGFundsmith Emerging Net Asset Value(s)
17/6/202211:00UKREGFundsmith Emerging Net Asset Value(s)
16/6/202210:46UKREGFundsmith Emerging Net Asset Value(s)
15/6/202210:48UKREGFundsmith Emerging Net Asset Value(s)
More Fundsmith Emerging Equit... News
Fundsmith Emerging Equit... Investors    Fundsmith Emerging Equit... Takeover Rumours

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

Fundsmith Emerging Equit... Forums and Chat

Date Time Title Posts
20/6/202212:29Fundsmith Emerging Equities Trust PLC 487
24/9/200212:37MA TUVOKS FEET CLEANING BUISNESS,no foot turned away!11

Add a New Thread

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

Trade Time Trade Price Trade Size Trade Value Trade Type
2022-06-28 16:40:281,100.006,50071,500.00O
2022-06-28 15:48:081,096.711,30214,279.18O
2022-06-28 15:35:141,105.001441,591.20UT
2022-06-28 15:29:151,100.006517,161.00AT
2022-06-28 15:26:591,100.001001,100.00AT
View all Fundsmith Emerging Equit... trades in real-time

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

Fundsmith Emerging Equit... Daily Update: Fundsmith Emerging Equities Trust Plc is listed in the Equity Investment Instruments sector of the London Stock Exchange with ticker FEET. The last closing price for Fundsmith Emerging Equit... was 1,090p.
Fundsmith Emerging Equities Trust Plc has a 4 week average price of 1,065p and a 12 week average price of 1,065p.
The 1 year high share price is 1,475p while the 1 year low share price is currently 1,045p.
There are currently 26,288,283 shares in issue and the average daily traded volume is 21,385 shares. The market capitalisation of Fundsmith Emerging Equities Trust Plc is £290,485,527.15.
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).
spectoacc: Good luck @EI - sold my long-held (best part of a decade) AAIF when it became clear Putin really was going to invade, & want the discount wider before I think about buying back. That, and the Taiwan holdings - Russia uninvestable, but is China? And since everyone knows "something" will happen with Taiwan one day, are Taiwanese stocks too risky too? Nearly 9% in the otherwise excellent Taiwan Semi. Perhaps it's a niche view, but sold last of RAVP at 106p when the writing was on the wall, & pretty sure we won't get the same kind of warning if/when Taiwan goes. FEET seems to have those problems less. But still too many problems, mainly the inability to shoot fish in a barrel.
essentialinvestor: Spec, FEET tends to take a big hit on falling markets and often reverses quickly on bounce backs. Now most will not want to faff about trading in/out, but realistically the only context where it may come in a bit useful given longer term underperformance. I added a small amount of AAIF and SOI this afternoon, not sure if a good idea !.
spectoacc: "Buy good companies - Don't overpay - Do nothing". The Terry Smith mantra. Has Fundsmith forgotten the middle of those? Or 1 & 2? They seem to be OK with no.3. I'd still like to understand the Top 10 holdings a little more, but nothing suggests FEET is worth a long IMO. Down over most time periods, whilst charging 1.25% pa.
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.
m_kerr: unlikely. the board are very close to fundsmith (one of them even hosted fundsmith's AGM a few years back) and will be conflicted. the buyback is the more likely option and at the very least is highly accretive to NAV per share, whilst also allowing fundsmith to get their management fees.
m_kerr: trading at a 16% discount now. i sold out beginning of january, but at this lower price it looks a bit more interesting........... fundamentally i can't get my head why after almost a decade now (time flies), a portfolio generating 40% ROCE and 15% free cash flow growth has produced a 3% compound growth in NAV since inception.
spectoacc: Again, FEET have underperformed even a tracker, over almost all time periods, in almost all market conditions.
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. 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.
muzerewa: Hi I've been investing in FEET for several years, and quite heavily especially in the last 12 months. Nursing overall losses so I certainly share the pain, and don't have any easy answers. I suppose the question to put one's finger on, what is the underlying concern? Is any aspect of the methology set out in the "Owners manual" unwise in and of itself? Or simply unworkable in the emerging markets context? Or has the methodology been badly implemented by FEET? We aim to invest in high quality businesses We try not to overpay for shares when investing We aim to buy and hold We do not attempt market timing Corporate governance - we will select investments the same way porcupines make love – carefully Currencies - no hedging as a general policy Personally I'm still inclined to hang in there. I still find the methodology compelling and am inclined to keep faith in management's ability to execute it. I hope the savage % falls mean that the holdings are better value now than they were before, which of course doesn't justify selling them. As you say it's about the long term, and I do sense the portfolio has defensive qualities which will make it a relative safe haven during times of market volatilty. All best to you
Fundsmith Emerging Equit... share price data is direct from the London Stock Exchange
ADVFN Advertorial
Your Recent History
Fundsmith ..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

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

P: V: D:20220629 04:07:30