Interesting funds from Lindsell Train, anyone with them?.
… Taking the past 5 year results from the PDF above, if my numbers are correct the average return is 22%.
Although they are stock picking, they have 25-30 in the portfolio and have very long term view with top companies. I know its against the normal index way, but you can’t ignore the results. Yes, the TER is high and directly investing with LT they’ll charge setup fees etc and take 4% of your stake(although through someone like Fidelity I think this can be avoided - not sure), but with the average 5yr return its quite attractive.
Interview with Nick Train: