Funds

Fundsmith Equity fund performance: biggest gainers in September

One of the most popular investment funds for UK investors with over £21bn invested has revealed its biggest gainers for the month of September.

The Fundsmith Equity fund managed by Terry Smith has a solid reputation for only investing in around 20 to 30 blue-chip shares with a view to a long-term hold and little chopping and changing.

This focused approach to picking shares has helped the Fundsmith Equity fund produce an annualised return of nearly 20%.

The biggest gainers for the fund last month were:

  • Nike
  • Novo
  • Kone
  • Nordisk
  • Stryker

The biggest fallers for the fund last month notably included some of the biggest names in technology:

  • Microsoft
  • Facebook
  • McCormick
  • Waters
  • Intercontinental Hotels Group

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