Fundsmith Emerging Equities Trust plc (FEET) 2014年年度报告「LSE」.pdf

1、Fundsmith Emerging Equities Trust plc Annual Report for the period 31 October 2013 to 31 December 2014A member of the Association of Investment CompaniesPerivan Financial Print 234739Fundsmith Emerging Equities Trust plc33 Cavendish Square,London W1G 0PWwww.feetplc.co.ukFundsmith Emerging Equities T

2、rust plcAnnual Report&Accountsfor the Period from Incorporation on31 October 2013 to 31 December 2014234739 Fr ost r ow FEET Cover 02/04/2015 12:29 Page 1Fundsmith Emerging Equities Trust plc Annual Report&Accounts 2014|1Contents Page 3Financial Highlights Pages 11-12Investment Portfolio Page 4-5Cha

3、irmans StatementStrategy and Outlook Pages 13-15Investment ManagersReviewAbout Fundsmith Emerging EquitiesTrust plc 2Company Summary 3Financial HighlightsStrategic Report4-5Chairmans Statement6-10Overview of Strategy11-12 Investment Portfolio13-15 Investment Managers Review16-18 Investment Philosoph

4、yGovernance19-20 Board of Directors21-23 Report of the Directors24Statement of DirectorsResponsibilities25-32 Corporate Governance33-34 Audit Committee Report35-36 Directors Remuneration Report37Directors RemunerationPolicy ReportFinancial Statements38-40 Independent Auditors Report41Income Statemen

5、t42Statement of Financial Position43Statement of Changes in Equity44Statement of Cash Flows 45-56 Notes to the AccountsFurther Information57Shareholder Information58Alternative Investment FundManagers Directive Disclosure59-60 Glossary of Terms61-62 How to Invest63-67 Notice of Annual General Meetin

6、g68-69 Explanatory Notesto the Resolutions70Company Information234739 Fr ost r ow FEET pp01 NEW 02/04/2015 12:45 Page 1Company Summary2|Fundsmith Emerging Equities Trust plc Annual Report&Accounts 2014 Company SummaryThe CompanyThe Company is an investment trust and its shares arelisted on the Offic