The English firm will use SS&C for fund administration, accounting, compliance, legal and distribution services.
Fundsmith is expanding its relationship with SS&C Technologies to bolster the launch of its exchange-traded fund (ETF) — the Fundsmith Equity ETF — in the U.S., officials say.
“The ETF will seek long-term growth in value by investing in listed equities on a global basis. Fundsmith will use SS&C for fund administration, accounting, compliance, legal, and distribution services,” officials say. “SS&C will also provide trading and capital markets services through SS&C ALPS Series Trust.”
SS&C officials say the ALPS Series Trust (AST) “provides advisors with a solution for bringing open-end mutual funds to market … It is governed by an experienced board of trustees and is organized as a Delaware business trust.”
London-based Fundsmith has been using SS&C’s technology and fund administration services since the firm’s first fund — the Fundsmith Equity Fund — launched in 2010 when the firm was founded by Terry Smith, officials say. As of Dec. 31, 2025, Fundsmith managed GBP24 billion across its strategies.
“The Fundsmith Equity Fund today is one of the largest active equity mutual funds in the U.K., with circa 40,000 investors. SS&C’s technology and expertise are instrumental in supporting our retail customers. We look forward to collaborating with SS&C to help bring our investment strategy to U.S. investors,” says Mark Laurence, chief operating officer (COO), for Fundsmith, in a prepared statement.
Based in Windsor, Conn., SS&C provides services, systems, and software that support securities operations at financial services firms.
