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Old 04.01.2017, 12:23
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Re: Low cost Investment Funds in Switzerland

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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.
Fundsmith is in no way a hedge fund, quite the opposite TBH.

If you bother do any research you would Terry was running the pension fund of the brokerage he took over using the same principle. it went from high deficit to surplus & covered a market meltdown. I have been an overweight investor since early 2013 & have mentioned the fund on the forum for as long.
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