Smithson Investment Trust PLC

Managed by Fundsmith LLP, Smithson Investment Trust plc operates as a closed-ended equity fund. It primarily invests in the public equity markets of the United Kingdom, specifically targeting shares of small and mid-sized companies. These companies are characterized by a market capitalization between £500 million and £15 billion. The trust, which is domiciled in the United Kingdom, was constituted on October 19, 2018.