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Important Information: Collective investment schemes are generally medium to long-term investments and are traded at ruling prices. A schedule of fees and charges and maximum commissions is available on request from the manager. The manager does not provide any guarantee either with respect to the capital or the return of a portfolio. Fundsmith Equity Fund is authorised by the FSCA under section 65 of the Collective Investment Schemes Control Act, 2002. Fundsmith does not offer investment advice or make any recommendations regarding the suitability of its products.

Fundsmith LLP is authorised and regulated by the Financial Conduct Authority. It is entered on the Financial Conduct Authority's register under registered number 523102. Fundsmith LLP is a limited liability partnership registered in England and Wales with number OC354233. Its registered office address is 33 Cavendish Square, London, W1G 0PW.