Unilever (UL) Can Remain Relevant in an Uprising Digital World
Lindsell Train, an investment management firm, published its fourth-quarter 2020 Investor Letter – a copy of which can be downloaded here. A return of -2.5% was recorded by the fund for the calendar year of 2020, still better with its FTSE-All Share TR benchmark that returned -9.8%. You can view the fund’s top 10 holdings to have a peek at their top bets for 2021.
Lindsell Train, in their Q4 2020 Investor Letter said that they have a large chunk of investment in Unilever PLC (NYSE: UL), since they have a positive long-term view for the company. Unilever PLC is a large global company that makes and sells a variety of products worldwide, and currently has a $159 billion market cap. For the past 3 months, UL delivered a 0.35% return and settled at $60.97 per share at the closing of January 25th.