Browse the world's most comprehensive database of hedge fund investor letters, sorted by recent quarter. Access primary source research from leading institutional managers.
Browse the world's most comprehensive archive of hedge fund manager letters. Access primary source research from leading institutional managers, sorted by reporting period.
The Fundsmith Equity Fund fell 1.9% in the first half of 2025, primarily dragged down by corporate governance issues at Danish medical holdings Novo Nordisk and Coloplast, as well as currency headwinds from a weaker US Dollar.
Full Quick Take
The Fundsmith Equity Fund fell 1.9% in the first half of 2025, primarily dragged down by corporate governance issues at Danish medical holdings Novo Nordisk and Coloplast, as well as currency headwinds from a weaker US Dollar.
