Why do you need an Owner's Manual?

Most fund managers will send you a glossy brochure. Fundsmith, as managers of the Smithson Investment Trust, want you to have an Owner's Manual. Why? Because your understanding of what we are trying to achieve and how we will approach it is a critical element in enabling us to attain our goal.

Prospectus and Investor Disclosure Document

This prospectus has been prepared in accordance with the Prospectus Rules of the Financial Conduct Authority (FCA) made pursuant to section 73A of FSMA. The prospectus has been approved by the FCA and has been files with the FCA in accordance with Rule 3.2 of the Prospectus Rules.