Fundsmith Equity ETF
ETFT
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Terence Charles Smith
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 1290 Broadway Denver CO United States of America 80203
- IPO Date
- Dec 2, 2025
- Website
- fundsmithetf.us
- Similar Companies
- Business
- Fundsmith Equity ETF (ETFT) is an actively managed exchange-traded fund that seeks long-term growth in value by investing primarily in high-quality listed equities on a global basis. Under normal circumstances, the Fund invests at least 80% of its net assets in equity securities, including common stocks of U.S. and non-U.S. companies of any market capitalization, with a focus on firms that sustain high returns on operating capital employed, possess difficult-to-replicate advantages, exhibit growth through reinvestment of cash flows at high rates of return, demonstrate resilience to technological change, require minimal leverage to generate returns, and offer attractive valuations. Its portfolio typically comprises 30-40 holdings, with top positions including Texas Instruments Inc., Intuit Inc., Meta Platforms Inc. Class A, Philip Morris International Inc., and Taiwan Semiconductor Manufacturing Co. Ltd. ADR; the Fund emphasizes developed market equities across sectors such as technology, communication services, and consumer defensive. The ETF operates with a net expense ratio of 0.10% to 1.00%, provides daily transparency of its holdings, and trades on the New York Stock Exchange, offering tax efficiency through in-kind redemptions that minimize capital gains distributions compared to traditional mutual funds. It targets long-term investors seeking exposure to a concentrated portfolio of resilient, sustainable global businesses without short-term trading strategies. Launched on December 1, 2025, the Fund represents the latest major development by Fundsmith, the London-headquartered investment management firm founded in 2010 by Terry Smith, who serves as portfolio manager; this ETF launch extends Fundsmith's flagship Equity Fund strategy—previously available as mutual funds domiciled in the UK and Luxembourg—to U.S. retail investors via a convenient, transparent ETF structure listed on the NYSE. Fundsmith Investment Services Limited acts as the investment adviser, registered with the U.S. SEC, while ALPS Distributors, Inc. serves as distributor; the firm maintains additional offices in Mauritius and Connecticut, with no reported acquisitions, partnerships, or reorganizations specific to the ETF since inception. As of late 2025, total net assets stand at approximately $5.5 million, with around 550,000 shares outstanding.