I have an old endowment maturing this month which I left running even though the place was sold about 17 years ago. (Yes it would have performed only marginally worse under the mattress if you are wondering
![Smile :)](./images/smilies/icon_e_smile.gif)
Anyway, I was considering of using some of the money for this years ISA allowance, and investing it for global exposure through Fundsmith's Emerging Equities Trust (FEET).
For background info, currently all my SIPP & ISA is in equities. I don't do Funds at all (and probably won't), and only IT's in JISA's and a JSIPP. So my knowledge of them is fairly limited.
FEET is quite a young IT, but I like Terry Smith's mindset, and that the IT is broadly in Consumer Defensive equities in the developing world, which I think is a fairly safe and moderately profitable investment looking ahead 10 years.
The only downside (and a major one for me) is the charges.
Does anyone hold FEET?, and would you care to share your experience?
Thanks
BC