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Old 04.01.2017, 13:14
olegace olegace is offline
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Re: Low cost Investment Funds in Switzerland

I really don't see what makes Fundsmith different from any other "celebrity" hedge fund managers, to be honest. Over long term, they tend to underperform the market. It's an actively managed fund that has existed for a hair over 5 years, a period of where pretty much all equities went up. Just tracking the broader US market over the similar period would've doubled your money. Fundsmith has zero track record in down market situations, so there's no telling how good their downside risk management is. He seems like a sharp guy and is doing reasonable things, but that in itself doesn't translate to long term success.
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