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Do you have any reviews from Fundsmith users? Is this a good fund to invest with?
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Do you have any reviews from Fundsmith users? Is this a good fund to invest with?
Terry Smith is one of the few fund managers who has managed to consistently outperform markets. But he isn't getting younger. Whether or not his successors (assuming Fundsmith continues operating after his retirement) will maintain the same performance is a matter of wait-and-see. The low-TER approach will likely remain in place either way.
What low TER? Vanguard's 0.03-0.04% is low TER. His 1% is practically at the level of what hedge funds charge these days. But his track record is impressive I give him that.