Terms and Conditions

This website is issued in the UK by Guinness Global Investors, a trading name of Guinness Asset Management Ltd, which is authorised and regulated by the Financial Conduct Authority (FCA registered company number 223077).

Guinness Asset Management provides investment products for professional and private investors, including open-ended funds and other investment products. The availability of any fund, service or document on this website depends on your jurisdiction, investor type and applicable legal or regulatory restrictions. Full details of each product are available in the relevant prospectus, offering document, KID/KIID or other product documentation.

• A range of long-only, open-ended funds (sub-funds within an OEIC that is incorporated in Ireland and authorised and supervised by the Central Bank of Ireland which operates under EU legislation). The Funds are approved by the Financial Conduct Authority for sale in the UK.
• A range of long-only, open-ended funds (sub-funds of WS Guinness Investment Funds, an investment company with variable capital incorporated with limited liability and registered by the Financial Conduct Authority).

Guinness Ventures Limited, an appointed representative of Guinness Asset Management Ltd, provides investment products for private investors, including EIS Services, Seed Enterprise Investment Scheme (SEIS), co-investment services, a Venture Capital Trust (VCT), and an estate planning service investing in renewable energy infrastructure through companies that qualify for Business Relief.

While considerable care has been taken to ensure that the information contained within this website is accurate and up to date, no warranty is given as to its accuracy or completeness and no liability is accepted for any errors or omissions. All products referred to on this website are subject to change without notice, and we do not undertake to advise you of any changes to our views. This website should not be regarded as an invitation to buy or sell.

Please read the information on this page. It contains the legal and regulatory restrictions which apply to the use of this website and any investment in our products referred to in this website.

The information in this website has been issued and approved by Guinness Asset Management Ltd and does not in any way constitute investment, tax, legal, or other advice. If you are in any doubt about any of the information on this website, please consult your investment or other professional adviser.

Use of this website indicates your acceptance of the Terms and Conditions of this website.

This website and these Terms and Conditions may be altered and amended at any time without prior notice. Therefore, your continued use of this website indicates your acceptance of and acknowledgement of these Terms and Conditions as amended.

This website may use your location or the location you select to determine which content, products and documents are made available to you. The availability of any product or service shown on this website is subject to local legal and regulatory restrictions and does not constitute an offer or invitation in any jurisdiction where such offer or invitation would be unlawful.

You must not access or rely on any product information or documents unless they are made available for your jurisdiction. Where you select a country or investor type, you are responsible for ensuring that the information you provide is accurate.

The information contained within this website does not constitute an offer of or an invitation to apply for securities:

• In any jurisdiction where such offer or invitation is unlawful or
• In which the person making such offer is not qualified to do so or
• To whom it is unlawful to make such offer or solicitation.

The information contained in this site has been compiled with considerable care to ensure its accuracy at the date of publication, but no representation or warranty, express or implied, is made as to its accuracy or completeness. Any research or analysis contained in this website has been procured by Guinness Asset Management Ltd for its own use. It is provided to you only incidentally, and any opinions expressed are subject to change without notice.

We make no representations, warranties or undertakings about the information contained within the website. In addition, we make no such representations, warranties or undertakings about any website to which ours is linked and therefore you leave our website at your own risk.

You should note that there may be occasions during which our website becomes unavailable, through no fault of our own. There may indeed be occasions where we take our website offline in order to enhance and update it.

Due to the nature of the internet itself, we make no representations, warranties or undertakings as to the accuracy of the content of our website or as to whether any information you download is virus or error free.

We cannot accept any liability for any damages whatsoever arising to you as a result of your use of our website. Nothing in these Terms and conditions excludes or limits any liability that cannot be excluded or limited under applicable law.

The information has been issued and approved by Guinness Asset Management Ltd and does not in any way constitute investment, tax, legal or other advice. If you are in any doubt about any of the information on this website, please consult your investment or other professional adviser.

An umbrella-type OEIC containing the Guinness range of long-only, open ended equity funds.

Guinness Asset Management Funds plc (the “Company”) is an umbrella-type open-ended investment company (OEIC), incorporated in Ireland and authorised and supervised by the Central Bank of Ireland, which operates under EU legislation. The Company’s sub-funds comprise the Guinness range of long-only, open ended equity funds (the “Funds”).

The Funds are approved by the Financial Conduct Authority for sale in the UK. The Company and the Funds have been recognised in the UK by the FCA pursuant to section 264 of the Financial Services and Markets Act 2000. Guinness Asset Management Ltd is authorised and regulated by the Financial Conduct Authority (FCA registered company number 223077).

The Funds are not offered for sale to Retail Clients in countries where the Funds are not registered for sale, or in any country or jurisdiction in which an offer is not permitted under applicable law.

Important information for U.S. persons: The Funds and products described on this website are not available for sale to U.S. investors. The Funds will not be registered under the U.S. Securities Act of 1933, as amended, or under the U.S. Investment Company Act of 1940. Accordingly, the Funds are not available to any U.S. person or to any other person in the United States of America.

The Funds’ full documentation contains more complete and detailed information of risk, fees, charges and expenses that are to be borne by an investor. The documentation should be read carefully before investing. The documentation needed to make an investment, including the Prospectus, the Key Investor Information Document (KIID), the Key Information Document (KID) and the Application Form, is available in English from this website, or free of charge from:

The Manager Waystone Management Company (IE) Limited (Waystone IE) 2nd Floor, 35 Shelbourne Road, Ballsbridge, Dublin D04 A4E0

The Promoter and Investment Manager Guinness Asset Management Ltd 18 Smith Square, London SW1P 3HZ

Investor Rights: A summary of investor rights in English is available: https://www.waystone.com/waystone-policies/

Waystone IE is a company incorporated under the laws of Ireland having its registered office at 35 Shelbourne Road, Ballsbridge, Dublin D04 A4E0, Ireland, which is authorised by the Central Bank of Ireland, has appointed Guinness Asset Management Ltd as Investment Manager to this fund, and as Manager has the right to terminate the arrangements made for the marketing of funds in accordance with the UCITS Directive.

The content and documents on this website should not be distributed to Retail Clients who are resident in countries where the Funds are not registered for sale or in any other circumstances where their distribution is not authorised or is unlawful.

The prospectus for Switzerland, the KID for Switzerland, the articles of association, the annual and semi-annual reports, as well as the list of the buying and selling transactions can be obtained free of charge from the representative in Switzerland:

Representative in Switzerland The representative in Switzerland is Reyl & Cie SA, Rue du Rhône 4, 1204 Geneva, Switzerland.

Paying Agent in Switzerland The paying agent is Banque Cantonale de Genève, 17 Quai de l’Île, 1204 Geneva, Switzerland. Tel. +41 (0)58 211 21 00

All the Guinness Funds are open ended, long-only equity funds. Investors should be willing and able to assume the risks of equity investing. Investment in the Funds carries with it a degree of risk and investors should read the risk factors section in the prospectus before investing. The value of the Funds’ portfolios changes daily in accordance with the movement of underlying capital markets and the specific share price movements of the companies in whose shares each Fund invests.

Past performance is not a guide to future performance.

Performance risks

We identify the following performance risks in our Funds:

Market risk - The value of investments and the income from them may go down as well as up and are not guaranteed. An investor may not get back the amount originally invested. The value of an investment can be affected by changes in general market conditions, other political, social and economic developments, as well as specific matters relating to the companies in whose securities each Fund invests.

Currency risk - Changes in the rates of exchange may cause the value of investments to go up or down. While the Funds have share classes priced in various currencies, the base currency of all the Funds is US Dollars, and the Fund valuations for all share classes are initially calculated each dealing day in US Dollars. Non-US Dollar share classes are then converted into their respective currencies from the US Dollar valuation.

The Funds invest internationally and hold all investments in local currency. Guinness Asset Management does not conduct any hedging of currency exposure on the Funds’ capital value or income. The Funds aim to be fully invested most of the time, but any cash balances are normally held in US dollars. This means that the exposure of the Funds to any one currency is mainly limited to the value of its holdings in stocks priced in that currency. Therefore, as well as the impact of share price movements in the securities each Fund holds, the capital value of an investment in a Fund will be affected by changes in exchange rates between the stocks’ local currency, the Fund’s base currency (USD) and the currency of the Fund share class you own.

Emerging market risk - The risk inherent in a Fund is higher when it is invested in markets which may be considered ’emerging’. These Funds are only suitable for those investors who are prepared to accept the above average volatility inherent in emerging market investment.

There are other risks of investing in our funds, such as credit and counterparty risks, which are detailed in the Prospectus.

Shareholders in Guinness Global Equity Income Fund and Guinness Global Money Managers Fund should note that all or part of the fees and expenses can be charged to the capital of the Funds. Charging fees and expenses to capital has the effect of lowering the capital value of your investment.

Fund specific risks

In addition some funds carry their own specific risks:

Sector risk - Some funds invest only in companies involved in a single industry or a single sector of the market. These funds are very susceptible to the performance of that one industry or sector, and can be volatile. Examples in the Guinness fund range include:

• Guinness Sustainable Energy Fund
• Guinness Global Energy Fund
• Guinness Global Money Managers Fund

Geographic risk - Some funds invest only in stocks listed in or exposed to one single country or region. These funds are very susceptible to the performance of that one country or region, and can be volatile. Examples in the Guinness fund range include:

• Guinness Greater China Fund
• Guinness China A Share Fund

For more detail on the risks relating to specific products, please refer to the relevant documentation for that product.

The Funds are sub-funds of WS Guinness Investment Funds, an investment company with variable capital incorporated with limited liability and registered by the Financial Conduct Authority.

The Funds’ full documentation contains more complete and detailed information of risk, fees, charges and expenses that are to be borne by an investor. The documentation should be read carefully before investing.

Documentation: The documentation needed to make an investment, including the Prospectus, the Key Investor Information Document (KIID) and the Application Form, is available in English on our website or from www.waystone.com or free of charge from:

Waystone Management (UK) Limited PO Box 389 Darlington DL1 9UF

General enquiries: 0345 922 0044 (lines are open 8:30am to 5:30pm Monday to Friday) E-Mail: wtas-investorservices@waystone.com

Waystone Management (UK) Limited is authorised and regulated by the Financial Conduct Authority.

In countries where the Fund is not registered for sale or in any other circumstances where its distribution is not authorised or is unlawful, the Fund should not be distributed to resident Retail Clients.

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Guinness Asset Management Ltd is authorised and regulated by the Financial Conduct Authority. Registered address: 18 Smith Square, London SW1P 3HZ Company registration: 4647882 FCA company registration number: 223077 If you would like further information on the Financial Conduct Authority, our regulator, you can access their website here: www.fca.org.uk.

Guinness is registered with the U.S. Securities and Exchange Commission (“SEC”) as a Registered Investment Adviser. Registration with the SEC does not imply a certain level of skill or training.

For your protection, telephone calls to Guinness Asset Management will be recorded.

This website and the information contained within it is protected by copyright. Reproduction of all or any part of this website, or any information contained within it, is prohibited unless this is required for personal use.

These Terms and Conditions were last revised in July 2026.