Fundsmith Equity Fund’s Q4 2023 Investor Letter

Fundsmith LLP, an investment management company based in London, released its “Fundsmith Equity Fund” 2023 yearly update. In 2023, the Fundsmith Equity Fund rose +12.4 compared to a 16.8% return for the MSCI World Index. In 2023, the Fund underperformed this comparable; however, a longer-term view may be helpful and is undoubtedly better in line with the firm’s investment goals and approach. In addition, you can check the top 5 holdings of the fund to know its best picks in 2023.

A copy of the investor letter can be downloaded here.