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Old 31.07.2020, 20:21
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Re: Platforms & Investing for Retirement

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Hello
Interesting posts

A naive question but if you are living in CH do investments in Fundsmith and/or Scottish Mortgage lose value as they are invested in Euros and/or Sterling both of which have fallen against the swiss franc?
You are massively up in both cases, is just a valuation currency very little money is earned in the UK. These figures are a year out of date but I doubt source of revenue has changed enough to worry about.

You need to remember that only 2% of Nestle's profits come from CH, more are earned in India, so country of listing is often irrelevant to where earnings are derived.

Fundsmith
North America : 46%
Europe : 24%
Asia pacific : 19%
Eurasia, Middle East, Africa 6%
Latin America : 5%

Smithson
North America 39%
Europe including UK 36%
Asia Pacific 18%
Eurasia 2%
Latin America 2%
Cash 3%

Lindsell Train Global Equity
Japan 13%
Western Europe 26%
USA 33%
Emerging & Other 26%
Does not add up to 100% I assume cash yields Zero

As at 30 June 2020 fundsmith 5 year performance is + 91.42 in CHF & + 89.59 in Euros, they are up since then.

CHF is weaker v Euro on a 5 year view
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