Investec: Underperforming Fundsmith shares 'offer significant contrarian value'

Broker slaps 'buy' recommendation on emerging market trust

David Brenchley
clock • 2 min read

A "dull" start to life for the Fundsmith Emerging Equities Trust (FEET) has left its shares offering “significant contrarian value, with a strong fundamental investment case enhanced by the current discount”, according to analysts at Investec Securities.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment Trusts

Trustpilot