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Tickets and turnbuckles: The unlikely appeal of wrestling stocks
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Morningstar downgrades Nick Train s £9bn global equity fund as it falls behind rivals
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Lindsell Train Global Equity is underperforming. Should I sell the fund? Image source: Getty Images
Lindsell Train Global Equity is one of the most popular global equity funds in the UK. And for good reason. Since its launch in March 2011, it has
smashed its benchmark.
Recently however, the fund – which I hold in my investment portfolio – has underperformed. Last year, it only returned 11.7% when its benchmark – the MSCI World Index – returned 12.3% and rival
Fundsmith returned 18.3%. Meanwhile, in 2019, the fund returned 19.4% while the index rose 22.7% and Fundsmith returned 25.6%.
US$12.3 TRILLION out of thin air…
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