Fundsmith Equity (B41YBW7) 461p
Gain to date: 12.2%
Terry Smith-steered vehicle Fundsmith Equity (B41YBW7) continues to claw back the ground it lost at the height of the coronavirus-inspired market correction.

Its credentials of investing in quality stocks and holding them over long periods are apparently just as attractive to investors against a shaky market backdrop as they were when equities were enjoying a long bull market.
The fund has benefited from the market recovery in recent weeks. The top five contributors to its performance in April were Paypal, Microsoft, Facebook, med-tech firm Stryker and business software outfit Intuit.
Airline booking service Amadeus unsurprisingly took away from performance, as did testing specialist Intertek (ITRK).
A position in US firm Clorox, which makes household cleaning and personal care products, was sold after performing strongly in the crisis. This was done to enable Fundsmith to take advantage of other investment opportunities thrown up by the pandemic.
Elsewhere Smith, whose investment approach prioritises capital gains over income, warned there could be more bad news to come on dividends after a series of cuts by companies around the world.
SHARES SAYS: By the end of April Fundsmith had recovered all of the losses year-to-date which should please the large number of individuals invested in the fund. Keep buying.
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