Fundsmith Emerging Equities Trust PLC is an investment trust based in the United Kingdom. It operates through its investment manager, Fundsmith LLP. The trust was formed with the objective of providing shareholders with a return on investment in shares issued by listed companies, which have the majority of their operations in developing economies. Its investment portfolio comprises of companies engaged primarily in the food and beverage sector. Other sectors include fast-moving consumer goods, retail, tobacco, fast food, chemicals, and industrial sectors. Fundsmith's geographical segments comprise of countries predominantly in Asia and Eastern Europe, Middle East, Africa, and Latin America.