Can Smithson stand up to higher inflation?

Smithson is one of the best investment trusts for quality growth investors. But does its ownership of expensive shares leave it vulnerable to higher inflation?

Smithson has been in business since October 2018. It was set up to invest in global small and mid cap companies with market capitalisations of between £500m and £15 billion. In short, it is designed to invest in the kind of companies that its bigger brother Fundsmith cannot.

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