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Guinness European Equity Income Fund

The Guinness European Equity Income strategy targets income and capital growth and provides exposure to dividend-paying companies in Europe (excluding UK).

Overview

The Guinness European Equity Income strategy targets income and capital growth and provides exposure to dividend-paying companies in Europe (excluding UK).

The European region includes a diversified mix of developed, high-income economies and is home to around 700m people. Europe has been close to the centre of all aspects of globalisation and has world-leading companies in almost all sectors of the market. Europe also has a large proportion of high-quality companies; businesses that can generate persistently high returns and that have demonstrated they can weather a variety of economic storms – and it is companies with these characteristics that are best placed to pay consistent and growing dividends.

Dividend-paying companies are well known to outperform the market in the long term, and companies that grow their dividend year-on-year even more so. Rising dividend payments can also protect against inflation over long periods.

In Europe, there is a well-established dividend paying culture going back to the 17th century, when the Dutch East India Company became the first company to pay a dividend. Companies have been committed to distributing profits to shareholders in this way ever since, reflecting not just history but also good capital discipline on the part of management teams.

Investment Team

High quality funds are run by high quality people.

We pride ourselves of having a collegial culture, with teams across the business successfully working together to achieve positive outcomes for our investors.

Nick Edwards

Nick Edwards

Portfolio Manager, Global Team

How to Invest

We aim to make it simple to invest in our funds. All our funds are open to direct investment via an application form. They are widely available on investment platforms and are eligible for UK investors’ ISAs and SIPPs.

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Investment Case

Although the Fund is designed to invest in dividend-paying companies, our starting point in selecting our investment universe is to identify companies with consistently high return on capital. Specifically, we look at companies that have a return on capital of greater than 8% in each of the previous eight years. Our analysis shows that such companies are highly likely to continue to do so in the future – meaning they will continue to create shareholder value. On average, only 3% of European listed companies achieve our criteria, and we then exclude those less than $0.5 billion in size or with weak balance sheets. This gives us a pool of around 200 companies from which to build our portfolio.

In-depth proprietary modelling of a company’s cash flow, capital budgeting and potential for dividend growth is combined with a subjective analysis of its business model to identify candidates for inclusion in the final portfolio. By selecting companies from a broad range of industries, countries, and market capitalisation we aim to create a well-diversified portfolio which can provide a reasonable dividend yield and growing income stream at an attractive valuation relative to the broad market.

The portfolio is concentrated, with 30 equally weighted holdings. This structure ensures limited stock-specific risk, sell discipline and independence from any benchmark. It also precludes a long tail of small holdings and keeps the portfolio focused on our best ideas.

Why invest in the European Equity Income Fund?

The Fund is designed to provide investors with exposure to global equities through a high conviction, low turnover portfolio of consistently profitable dividend-paying companies.
 

Focus on consistent high return on capital

Consistent high return on capital is a good indication of a company’s ability to pay healthy dividends. The Fund invests in companies that are unusually consistent in generating returns on capital above their cost of capital.

Growth and income

Our approach to dividend investing is to focus on companies that can sustainably grow their dividend into the future, rather than simply looking for companies with a high dividend yield.
 

High conviction

The Fund typically invests in just 30 companies, with each company having an equal weighting. This provides a good balance between the benefits of diversification while also allowing each company to add meaningfully to performance. We don’t have a long tail of small positions and by definition we can never just ‘hug’ the benchmark index. Please see our white paper on this topic for more information.
 

Fundamentally driven

We focus on ‘bottom-up’ stock selection rather than trying to make decisions based on an expected outlook for the world economy. We like to invest in good companies that have, in the short term, fallen out of favour, but that have previously shown an ability to weather most economic environments over time.
 

Low turnover

We prefer to invest over the long term. We also recognise the increased costs of trading in and out of companies unnecessarily. Typically we will hold a company in the portfolio for between 3 and 5 years.
 

Repeatable and independent

Our team have developed an investment process that is clear, robust, transparent, and scalable. Their approach filters out much of the noise and hype that surrounds companies to focus on the true signals that drive company valuations. By performing their own company research and analysis, using their own proprietary modelling systems, the managers try to avoid some of the behavioural biases associated with being unduly influenced by market sentiment.

The case for a European equity income fund

"Dividends make a gradual but potent contribution to long-term returns."

 

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The European region includes a diversified mix of developed, high-income economies, and is home to around 700m people. Europe has gone through a turbulent time since the 2008/09 banking crisis, both politically and economically. However, due to its diversity, size and exposure to the global market, Europe has navigated this period better than some less developed regions.

The European region includes a diversified mix of developed, high-income economies, and is home to around 700m people. Europe has gone through a turbulent time since the 2008/09 banking crisis, both politically and economically. However, due to its diversity, size and exposure to the global market, Europe has navigated this period better than some less developed regions.

Europe has been close to the centre of all aspects of globalisation and has world-leading companies in almost all sectors of the market. Europe also has a large proportion of high quality companies; businesses that can generate persistently high returns and that have demonstrated they can weather a variety of economic storms – and it is companies with these characteristics that are best placed to pay consistent and growing dividends.

Dividend-paying companies are well known to outperform the market in the long term, and companies that grow their dividend year-on-year even more so. Rising dividend payments can also protect against inflation over long periods.

In Europe, there is a well-established dividend paying culture going back to the 17th century, when the Dutch East India Company became the first company to pay a dividend. Companies have been committed to distributing profits to shareholders in this way ever since, reflecting not just history but also good capital discipline on the part of management teams.

"There is a long-term investment opportunity in Europe. But opportunity and risk in this region are inseparable, for better or for worse. The key is identifying proven companies and constructing a portfolio best positioned to take advantage of that opportunity."

 

Factsheets

 

 

 

Fund English French German Spanish Italian
Guinness European Equity Income Fund Download Download Download Download Download

Updates

 

 

 

Document
GUINNESS EUROPEAN EQUITY INCOME FUND
September 2023
Document
GUINNESS EUROPEAN EQUITY INCOME FUND
July 2023
GUINNESS EUROPEAN EQUITY INCOME FUND
April 2023
GUINNESS EUROPEAN EQUITY INCOME FUND
October 2022
GUINNESS EUROPEAN EQUITY INCOME FUND
July 2022
GUINNESS EUROPEAN EQUITY INCOME FUND
April 2022
GUINNESS EUROPEAN EQUITY INCOME FUND
October 2021
GUINNESS EUROPEAN EQUITY INCOME FUND
July 2021
GUINNESS EUROPEAN EQUITY INCOME FUND
April 2021
Document
GUINNESS EUROPEAN EQUITY INCOME FUND
January 2023
GUINNESS EUROPEAN EQUITY INCOME FUND
January 2022
Document
GUINNESS EUROPEAN EQUITY INCOME FUND
July 2022
GUINNESS EUROPEAN EQUITY INCOME FUND
June 2022
GUINNESS EUROPEAN EQUITY INCOME FUND
May 2022
GUINNESS EUROPEAN EQUITY INCOME FUND
April 2022
GUINNESS EUROPEAN EQUITY INCOME FUND
March 2022
GUINNESS EUROPEAN EQUITY INCOME FUND
February 2022
GUINNESS EUROPEAN EQUITY INCOME FUND
January 2022
GUINNESS EUROPEAN EQUITY INCOME FUND
December 2021
GUINNESS EUROPEAN EQUITY INCOME FUND
November 2021
GUINNESS EUROPEAN EQUITY INCOME FUND
October 2021
GUINNESS EUROPEAN EQUITY INCOME FUND
September 2021
GUINNESS EUROPEAN EQUITY INCOME FUND
August 2021
GUINNESS EUROPEAN EQUITY INCOME FUND
July 2021
GUINNESS EUROPEAN EQUITY INCOME FUND
June 2021

KIIDS

 

 

Fund Class ISIN English French German Spanish Italian Swedish Finnish
Guinness European Equity Income Fund C EUR Acc IE00BGHQDW50
Guinness European Equity Income Fund C EUR Dist IE000AHX6WT2
Guinness European Equity Income Fund C GBP Acc IE00BVYPNS63
Guinness European Equity Income Fund C GBP Dist IE000N9K9CQ4
Guinness European Equity Income Fund C USD Acc IE00BVYPNT70
Guinness European Equity Income Fund C USD Dist IE000RAMYLN7
Guinness European Equity Income Fund I USD Acc IE00BMYPN382
Guinness European Equity Income Fund I USD Dist IE00BMYPN499
Guinness European Equity Income Fund Y EUR Acc IE00BYVHW019
Guinness European Equity Income Fund Y EUR Dist IE00BYVHW126
Guinness European Equity Income Fund Y GBP Acc IE00BYVHVZ98
Guinness European Equity Income Fund Y GBP Dist IE00BYVHWJ06
Guinness European Equity Income Fund Y USD Acc IE00BYVHW233
Guinness European Equity Income Fund Y USD Dist IE00BYVHW340
Guinness European Equity Income Fund Z GBP Dist IE00BGHQF300

KIDS

 

 

Fund Class ISIN English French German Spanish Italian Swedish Finnish
Guinness European Equity Income Fund C EUR Acc IE00BGHQDW50
Guinness European Equity Income Fund Y EUR Dist IE00BYVHW126
Guinness European Equity Income Fund Y EUR Acc IE00BYVHW019
Guinness European Equity Income Fund C EUR Dist IE000AHX6WT2
Guinness European Equity Income Fund C GBP Dist IE000N9K9CQ4
Guinness European Equity Income Fund C USD Dist IE000RAMYLN7
Guinness European Equity Income Fund Z GBP Dist IE00BGHQF300
Guinness European Equity Income Fund I USD Acc IE00BMYPN382
Guinness European Equity Income Fund I USD Dist IE00BMYPN499
Guinness European Equity Income Fund C GBP Acc IE00BVYPNS63
Guinness European Equity Income Fund C USD Acc IE00BVYPNT70
Guinness European Equity Income Fund Y GBP Acc IE00BYVHVZ98
Guinness European Equity Income Fund Y USD Acc IE00BYVHW233
Guinness European Equity Income Fund Y USD Dist IE00BYVHW340

Documents

 

 

 

Document

Guinness Asset Management Funds plc - UK Reporting Fund Status 2022

European Equity Income Fund – SFDR Pre-contractual Disclosures

European Equity Income Fund - Approach to Responsible Investment and ESG

Guinness Asset Management Funds plc - Prospectus

Fund Supplement

Guinness Asset Management Funds plc - Application Form

Guinness Asset Management Funds plc - Target Market Assessment

Fund Facts

For information on the Fund’s current investments, please see the latest fact sheet available on the literature tab above.

The Guinness European Equity Income strategy is also available to UK investors as a UK-domiciled vehicle denominated in GBP: the TB Guinness European Equity Income Fund.
 

 

Launch Date
Fund managers (start date)
Nick Edwards (30/09/2020)
Benchmark
MSCI Europe ex UK
IA sector
IA Europe ex UK
Structure
OEIC (UCITS)
Domicile
Ireland
Underlying currency
US Dollar
Pricing
Daily, forwards
Valuation
2300 Dublin time
Deal cut off time
1500 Dublin time
Administrator
Link Fund Administrators (Ireland) Ltd
Custodian
Brown Brothers Harriman
UK Reporting Fund status
Yes
ISA Eligible
Yes

Share Classes

For full information on the share classes available for investment please refer to the Key Investor Information document.

 

Share Prices

The Funds are priced every working day at 23.00 Dublin time and updated here the following day.

 

Fund name Isin Fund price (+/-) Date
GUINNESS ASIAN EQUITY INCOME FUND CLASS C EUR ACCUMULATION IE00BGHQDM52 19.2792 -0.1441 21/09/2023
GUINNESS ASIAN EQUITY INCOME FUND CLASS Z GBP DISTRIBUTION IE00BGHQDV44 15.4523 -0.0605 21/09/2023
GUINNESS ASIAN EQUITY INCOME FUND CLASS C GBP ACCUMULATION IE00BVYPNP33 16.4383 -0.0649 21/09/2023
GUINNESS ASIAN EQUITY INCOME FUND CLASS C USD ACCUMULATION IE00BVYPNQ40 13.5134 -0.1771 21/09/2023
GUINNESS ASIAN EQUITY INCOME FUND CLASS Y EUR ACCUMULATION IE00BDHSRG22 12.7094 -0.0947 21/09/2023
GUINNESS ASIAN EQUITY INCOME FUND CLASS Y EUR DISTRIBUTION IE00BDHSRH39 9.933 -0.074 21/09/2023
GUINNESS ASIAN EQUITY INCOME FUND CLASS Y GBP ACCUMULATION IE00BDHSRD90 13.0525 -0.0512 21/09/2023
GUINNESS ASIAN EQUITY INCOME FUND CLASS Y GBP DISTRIBUTION IE00BDHSRF15 10.222 -0.0401 21/09/2023
GUINNESS ASIAN EQUITY INCOME FUND CLASS Y USD ACCUMULATION IE00BDHSRJ52 12.4004 -0.1621 21/09/2023
GUINNESS ASIAN EQUITY INCOME FUND CLASS Y USD DISTRIBUTION IE00BDHSRK67 9.696 -0.1268 21/09/2023
GUINNESS ASIAN EQUITY INCOME FUND CLASS I USD ACCUMULATION IE00BMYPN051 9.8639 -0.129 21/09/2023
GUINNESS ASIAN EQUITY INCOME FUND CLASS I USD DISTRIBUTION IE00BMYPN168 8.8854 -0.1162 21/09/2023
GUINNESS BEST OF ASIA FUND CLASS C GBP ACCUMULATION IE00BF2VFX37 10.2387 -0.061 21/09/2023
GUINNESS BEST OF ASIA FUND CLASS Y GBP ACCUMULATION IE00BF2VFY44 10.8611 -0.0645 21/09/2023
GUINNESS BEST OF ASIA FUND CLASS Y EUR ACCUMULATION IE00BF2VFZ50 11.1123 -0.1056 21/09/2023
GUINNESS BEST OF ASIA FUND CLASS Y USD ACCUMULATION IE00BF2VG076 9.932 -0.1501 21/09/2023
GUINNESS BEST OF ASIA FUND CLASS Z GBP ACCUMULATION IE00BF2VG183 11.0556 -0.0656 21/09/2023
GUINNESS BEST OF ASIA FUND CLASS I USD ACCUMULATION IE00BMYPN275 8.6219 -0.1303 21/09/2023
GUINNESS BEST OF ASIA FUND CLASS C EUR ACCUMULATION IE000IYIWG07 8.4239 -0.0802 21/09/2023
GUINNESS BEST OF ASIA FUND CLASS C USD ACCUMULATION IE0004NN3YY8 7.5892 -0.115 21/09/2023
GUINNESS CHINA A SHARE FUND CLASS C GBP ACC IE0006BWJJW3 7.9487 -0.0141 21/09/2023
GUINNESS CHINA A SHARE FUND CLASS C EUR ACC IE0001VD9PN1 8.1301 -0.0432 21/09/2023
GUINNESS CHINA A SHARE FUND CLASS C USD ACC IE0005HP3H50 8.2001 -0.0894 21/09/2023
GUINNESS CHINA A SHARE FUND CLASS I USD ACC IE000IQ9D569 8.2489 -0.0897 21/09/2023
GUINNESS CHINA A SHARE FUND CLASS Y GBP ACC IE000I0OL207 7.996 -0.0138 21/09/2023
GUINNESS CHINA A SHARE FUND CLASS Y EUR ACC IE000RSR0322 8.1783 -0.0431 21/09/2023
GUINNESS CHINA A SHARE FUND CLASS Y CNH ACC IE0002QAMMW4 86.4501 -0.6961 21/09/2023
GUINNESS CHINA A SHARE FUND CLASS Y USD ACC IE000JCEKTR0 8.2489 -0.0897 21/09/2023
GUINNESS CHINA A SHARE FUND CLASS Z GBP ACC IE0003ZZUKD7 8.0192 -0.0139 21/09/2023
GUINNESS CHINA A SHARE FUND CLASS Z EUR ACC IE0001MJJCX1 8.202 -0.043 21/09/2023
GUINNESS CHINA A SHARE FUND CLASS Z USD ACC IE000RSN6JG6 8.2728 -0.0898 21/09/2023
GUINNESS CHINA RMB INCOME FUND CLASS Y CNH DIST IE000026G6J3 99.8575 0.0259 21/09/2023
GUINNESS CHINA RMB INCOME FUND CLASS Y EUR DIST IE000K4N4BW3 9.4445 0.0285 21/09/2023
GUINNESS CHINA RMB INCOME FUND CLASS Y GBP DIST IE000G9JHZF4 9.2326 0.0602 21/09/2023
GUINNESS CHINA RMB INCOME FUND CLASS Y USD DIST IE000FIQDRV0 9.525 -0.0242 21/09/2023
GUINNESS CHINA RMB INCOME FUND CLASS Z EUR DIST IE0006534FS5 9.4518 0.0286 21/09/2023
GUINNESS CHINA RMB INCOME FUND CLASS Z GBP DIST IE000K9NODM9 9.2405 0.0601 21/09/2023
GUINNESS CHINA RMB INCOME FUND CLASS Z USD DIST IE000BEWEDQ4 9.5328 -0.0241 21/09/2023
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS C USD ACCUMULATION IE00BYV24P56 13.3736 -0.1761 21/09/2023
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS Y GBP ACCUMULATION IE00BYV24Q63 14.2516 -0.0567 21/09/2023
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS Y GBP DISTRIBUTION IE00BYV24R70 11.4108 -0.0454 21/09/2023
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS Y EUR ACCUMULATION IE00BYV24S87 14.007 -0.1052 21/09/2023
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS Y EUR DISTRIBUTION IE00BYV24T94 11.1996 -0.0843 21/09/2023
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS Y USD ACCUMULATION IE00BYV24V17 14.2879 -0.1876 21/09/2023
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS Y USD DISTRIBUTION IE00BYV24W24 11.4279 -0.15 21/09/2023
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS Z GBP DISTRIBUTION IE00BYV24X31 11.797 -0.0468 21/09/2023
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS C EUR ACCUMULATION IE00BMCWC346 10.9424 -0.0824 21/09/2023
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS C GBP ACCUMULATION IE00BMCWC239 10.4653 -0.042 21/09/2023
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS I USD ACCUMULATION IE00BMYPND87 9.892 -0.1298 21/09/2023
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS I USD DISTRIBUTION IE00BMYPNF02 8.9567 -0.1175 21/09/2023
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS C EUR DISTRIBUTION IE0009746VI0 9.1927 -0.0692 21/09/2023
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS C GBP DISTRIBUTION IE000UPHOYQ6 9.3858 -0.0374 21/09/2023
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS C USD DISTRIBUTION IE000XFJTUO9 8.2728 -0.1089 21/09/2023
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS C EUR ACCUMULATION IE00BGHQDW50 17.7219 -0.2402 21/09/2023
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS Z GBP DISTRIBUTION IE00BGHQF300 15.8128 -0.1576 21/09/2023
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS C GBP ACCUMULATION IE00BVYPNS63 17.7703 -0.1779 21/09/2023
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS C USD ACCUMULATION IE00BVYPNT70 14.6363 -0.2813 21/09/2023
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS Y GBP ACCUMULATION IE00BYVHVZ98 13.4648 -0.1343 21/09/2023
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS Y GBP DISTRIBUTION IE00BYVHWJ06 11.2797 -0.1125 21/09/2023
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS Y EUR ACCUMULATION IE00BYVHW019 13.8007 -0.1867 21/09/2023
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS Y EUR DISTRIBUTION IE00BYVHW126 11.5561 -0.1563 21/09/2023
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS Y USD ACCUMULATION IE00BYVHW233 11.9979 -0.2302 21/09/2023
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS Y USD DISTRIBUTION IE00BYVHW340 10.0197 -0.1922 21/09/2023
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS I USD ACCUMULATION IE00BMYPN382 11.3567 -0.2179 21/09/2023
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS I USD DISTRIBUTION IE00BMYPN499 10.3817 -0.1991 21/09/2023
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS C EUR DISTRIBUTION IE000AHX6WT2 9.3 -0.1261 21/09/2023
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS C GBP DISTRIBUTION IE000N9K9CQ4 9.4949 -0.0949 21/09/2023
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS C USD DISTRIBUTION IE000RAMYLN7 8.3628 -0.1607 21/09/2023
GUINNESS GLOBAL ENERGY FUND CLASS D USD ACCUMULATION IE00B2Q91T05 9.3278 -0.1151 21/09/2023
GUINNESS GLOBAL ENERGY FUND CLASS C USD ACCUMULATION IE00B2Q91V27 8.7358 -0.1079 21/09/2023
GUINNESS GLOBAL ENERGY FUND CLASS C GBP ACCUMULATION IE00B3CCJ963 13.0883 -0.042 21/09/2023
GUINNESS GLOBAL ENERGY FUND CLASS D EUR ACCUMULATION IE00B3CCJB88 13.2212 -0.0889 21/09/2023
GUINNESS GLOBAL ENERGY FUND CLASS Y USD ACCUMULATION IE00B3CCJC95 10.123 -0.1248 21/09/2023
GUINNESS GLOBAL ENERGY FUND CLASS Y GBP ACCUMULATION IE00B6XV0016 12.8109 -0.0408 21/09/2023
GUINNESS GLOBAL ENERGY FUND CLASS C EUR ACCUMULATION IE00BGHQF524 10.3448 -0.0697 21/09/2023
GUINNESS GLOBAL ENERGY FUND CLASS Y USD DISTRIBUTION IE00BG6L7638 7.5067 -0.0925 21/09/2023
GUINNESS GLOBAL ENERGY FUND CLASS Y EUR ACCUMULATION IE00BFMGVR44 12.0009 -0.0806 21/09/2023
GUINNESS GLOBAL ENERGY FUND CLASS I USD ACCUMULATION IE00BMYPN507 19.9408 -0.2458 21/09/2023
GUINNESS GLOBAL ENERGY FUND CLASS C CNH HEDGED DISTR IE000P8HSFB7 10.6963 -0.1355 21/09/2023
GUINNESS GLOBAL EQUITY INCOME FUND CLASS D USD DISTRIBUTION IE00B3QG6N78 19.3037 -0.3042 21/09/2023
GUINNESS GLOBAL EQUITY INCOME FUND CLASS C USD DISTRIBUTION IE00B42XCP33 18.137 -0.2862 21/09/2023
GUINNESS GLOBAL EQUITY INCOME FUND CLASS C GBP DISTRIBUTION IE00B3PB1722 23.1177 -0.1526 21/09/2023
GUINNESS GLOBAL EQUITY INCOME FUND CLASS D EUR DISTRIBUTION IE00B66B5L40 24.3395 -0.2464 21/09/2023
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Z GBP DISTRIBUTION IE00B754QH41 27.1561 -0.1784 21/09/2023
GUINNESS GLOBAL EQUITY INCOME FUND CLASS C EUR ACCUMULATION IE00BGHQF631 23.9085 -0.2424 21/09/2023
GUINNESS GLOBAL EQUITY INCOME FUND CLASS C GBP ACCUMULATION IE00BVYPNV92 21.9502 -0.1449 21/09/2023
GUINNESS GLOBAL EQUITY INCOME FUND CLASS C USD ACCUMULATION IE00BVYPNW00 18.0474 -0.2847 21/09/2023
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Y EUR ACCUMULATION IE00BVYPNZ31 19.5246 -0.1974 21/09/2023
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Y EUR DISTRIBUTION IE00BVYPP024 15.5763 -0.1574 21/09/2023
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Y GBP ACCUMULATION IE00BVYPNY24 23.9044 -0.1571 21/09/2023
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Y GBP DISTRIBUTION IE00BVYPP131 19.1078 -0.1256 21/09/2023
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Y USD ACCUMULATION IE00BVYPNX17 19.6556 -0.3095 21/09/2023
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Y USD DISTRIBUTION IE00BVYPP248 15.6748 -0.2468 21/09/2023
GUINNESS GLOBAL EQUITY INCOME FUND CLASS C EUR DISTRIBUTION IE00BDGV0183 14.8535 -0.1506 21/09/2023
GUINNESS GLOBAL EQUITY INCOME FUND CLASS D EUR ACCUMULATION IE00BDGV0290 18.1663 -0.1839 21/09/2023
GUINNESS GLOBAL EQUITY INCOME FUND CLASS I USD DISTRIBUTION IE00BGK8P991 13.9991 -0.2205 21/09/2023
GUINNESS GLOBAL EQUITY INCOME FUND CLASS I USD ACCUMULATION IE00BJBK7883 13.2855 -0.2093 21/09/2023
GUINNESS GLOBAL EQUITY INCOME FUND CLASS C CNH HEDGED DISTR IE000OP91FK6 10.1409 -0.1639 21/09/2023
GUINNESS GLOBAL INNOVATORS FUND CLASS C GBP ACCUMULATION IE00BQXX3C00 26.5096 -0.2769 21/09/2023
GUINNESS GLOBAL INNOVATORS FUND CLASS C EUR ACCUMULATION IE00BQXX3D17 23.929 -0.3349 21/09/2023
GUINNESS GLOBAL INNOVATORS FUND CLASS C USD ACCUMULATION IE00BQXX3F31 20.36 -0.4002 21/09/2023
GUINNESS GLOBAL INNOVATORS FUND CLASS Y GBP ACCUMULATION IE00BQXX3K83 29.039 -0.3024 21/09/2023
GUINNESS GLOBAL INNOVATORS FUND CLASS Y EUR ACCUMULATION IE00BQXX3L90 26.1838 -0.3656 21/09/2023
GUINNESS GLOBAL INNOVATORS FUND CLASS Y USD ACCUMULATION IE00BQXX3M08 22.363 -0.4388 21/09/2023
GUINNESS GLOBAL INNOVATORS FUND CLASS Z GBP ACCUMULATION IE00BQXX3N15 29.6088 -0.3082 21/09/2023
GUINNESS GLOBAL INNOVATORS FUND CLASS Z EUR ACCUMULATION IE00BQXX3P39 26.7153 -0.373 21/09/2023
GUINNESS GLOBAL INNOVATORS FUND CLASS Z USD ACCUMULATION IE00BQXX3Q46 22.7397 -0.4461 21/09/2023
GUINNESS GLOBAL INNOVATORS FUND CLASS I USD ACCUMULATION IE00BMYPNG19 10.7587 -0.2111 21/09/2023
GUINNESS GLOBAL INNOVATORS FUND CLASS C CNH HEDGED DISTR IE000PGA9O74 11.6283 -0.2327 21/09/2023
GUINNESS GLOBAL MONEY MANAGERS FUND CLASS C USD ACCUMULATION IE00B3QW5Z07 20.2028 -0.4358 21/09/2023
GUINNESS GLOBAL MONEY MANAGERS FUND CLASS C GBP ACCUMULATION IE00B64PRP62 25.8323 -0.319 21/09/2023
GUINNESS GLOBAL MONEY MANAGERS FUND CLASS Y EUR ACCUMULATION IE00B68GW162 27.7205 -0.4398 21/09/2023
GUINNESS GLOBAL MONEY MANAGERS FUND CLASS Y USD ACCUMULATION IE00B3NSFR34 22.5866 -0.4865 21/09/2023
GUINNESS GLOBAL MONEY MANAGERS FUND CLASS Y GBP ACCUMULATION IE00B7MJHM43 31.2424 -0.3847 21/09/2023
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GUINNESS GLOBAL MONEY MANAGERS FUND CLASS I USD ACCUMULATION IE00BMYPMW02 11.2996 -0.2434 21/09/2023
GUINNESS GREATER CHINA FUND CLASS C EUR ACCUMULATION IE00BZ08YS42 11.9585 -0.0992 21/09/2023
GUINNESS GREATER CHINA FUND CLASS C GBP ACCUMULATION IE00BZ08YR35 14.3069 -0.0682 21/09/2023
GUINNESS GREATER CHINA FUND CLASS C USD ACCUMULATION IE00BZ08YT58 11.6895 -0.1627 21/09/2023
GUINNESS GREATER CHINA FUND CLASS Y EUR ACCUMULATION IE00BZ08YW87 12.8136 -0.1059 21/09/2023
GUINNESS GREATER CHINA FUND CLASS Y GBP ACCUMULATION IE00BZ08YV70 15.3137 -0.0725 21/09/2023
GUINNESS GREATER CHINA FUND CLASS Y USD ACCUMULATION IE00BZ08YX94 12.4818 -0.1734 21/09/2023
GUINNESS GREATER CHINA FUND CLASS Z GBP ACCUMULATION IE00BZ08YY02 15.8588 -0.0748 21/09/2023
GUINNESS GREATER CHINA FUND CLASS I USD ACCUMULATION IE00BMYPNC70 7.508 -0.1043 21/09/2023
GUINNESS MULTI-ASSET BALANCED FUND CLASS C GBP ACCUMULATION IE00BG5QQV79 12.3086 -0.0663 21/09/2023
GUINNESS MULTI-ASSET BALANCED FUND CLASS C EUR ACCUMULATION IE00BG5QQW86 12.7877 -0.1141 21/09/2023
GUINNESS MULTI-ASSET BALANCED FUND CLASS C EUR HEDGED ACC IE00BG5QQX93 10.6952 -0.0597 21/09/2023
GUINNESS MULTI-ASSET BALANCED FUND CLASS C USD ACCUMULATION IE00BG5QQY01 11.9227 -0.1736 21/09/2023
GUINNESS MULTI-ASSET BALANCED FUND CLASS C USD HEDGED ACC IE00BG5QQZ18 11.4289 -0.0629 21/09/2023
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GUINNESS MULTI-ASSET BALANCED FUND CLASS O EUR ACCUMULATION IE00BG5QR141 13.3314 -0.1186 21/09/2023
GUINNESS MULTI-ASSET BALANCED FUND CLASS O EUR HEDGED ACC IE00BG5QR257 11.127 -0.0618 21/09/2023
GUINNESS MULTI-ASSET BALANCED FUND CLASS O USD ACCUMULATION IE00BG5QR364 12.4257 -0.1806 21/09/2023
GUINNESS MULTI-ASSET BALANCED FUND CLASS O USD HEDGED ACC IE00BG5QR471 11.8872 -0.065 21/09/2023
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GUINNESS MULTI-ASSET BALANCED FUND CLASS R EUR ACCUMULATION IE00BG5QR695 12.6702 -0.1129 21/09/2023
GUINNESS MULTI-ASSET BALANCED FUND CLASS R EUR HEDGED ACC IE00BG5QR703 10.611 -0.0592 21/09/2023
GUINNESS MULTI-ASSET BALANCED FUND CLASS R USD ACCUMULATION IE00BG5QR810 11.8004 -0.1719 21/09/2023
GUINNESS MULTI-ASSET BALANCED FUND CLASS R USD HEDGED ACC IE00BG5QR927 11.3865 -0.0626 21/09/2023
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GUINNESS MULTI-ASSET GROWTH FUND CLASS C GBP ACCUMULATION IE00BG5QQP10 12.9561 -0.0988 21/09/2023
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GUINNESS MULTI-ASSET GROWTH FUND CLASS O EUR ACCUMULATION IE00BG5QRL47 14.0341 -0.1563 21/09/2023
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GUINNESS MULTI-ASSET GROWTH FUND CLASS R EUR ACCUMULATION IE00BG5QRR09 13.3427 -0.1489 21/09/2023
GUINNESS MULTI-ASSET GROWTH FUND CLASS R EUR HEDGED ACC IE00BG5QRS16 11.0412 -0.0862 21/09/2023
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GUINNESS SUSTAINABLE ENERGY FUND CLASS C USD ACCUMULATION IE00B2PGVK34 4.3523 -0.1012 21/09/2023
GUINNESS SUSTAINABLE ENERGY FUND CLASS C GBP ACCUMULATION IE00B3CCJ633 8.1775 -0.1147 21/09/2023
GUINNESS SUSTAINABLE ENERGY FUND CLASS D EUR ACCUMULATION IE00B3CCJ740 8.2617 -0.1451 21/09/2023
GUINNESS SUSTAINABLE ENERGY FUND CLASS C EUR ACCUMULATION IE00BGHQF417 16.5527 -0.2909 21/09/2023
GUINNESS SUSTAINABLE ENERGY FUND CLASS Y GBP ACCUMULATION IE00BFYV9L73 21.1979 -0.2964 21/09/2023
GUINNESS SUSTAINABLE ENERGY FUND CLASS Y EUR ACCUMULATION IE00BFYV9M80 21.6524 -0.3799 21/09/2023
GUINNESS SUSTAINABLE ENERGY FUND CLASS Y USD ACCUMULATION IE00BFYV9N97 18.5509 -0.4309 21/09/2023
GUINNESS SUSTAINABLE ENERGY FUND CLASS I USD ACCUMULATION IE00BMYPNB63 9.8165 -0.228 21/09/2023
GUINNESS SUSTAINABLE ENERGY FUND CLASS C CNH HEDGED DISTR IE000JUVS7B9 8.9318 -0.2111 21/09/2023
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GUINNESS SUSTAINABLE GLOBAL EQUITY FUND CLASS Z GBP ACCUMULATION IE00BN0W3305 10.9748 -0.1107 21/09/2023
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND CLASS Z EUR ACCUMULATION IE00BN0W3412 11.4729 -0.1563 21/09/2023
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND CLASS I GBP ACCUMULATION IE00BN0W2X30 10.8644 -0.1097 21/09/2023
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND CLASS I EUR ACCUMULATION IE00BN0W2Y47 11.3572 -0.1548 21/09/2023
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND CLASS I USD ACCUMULATION IE00BN0W2Z53 9.9559 -0.1922 21/09/2023
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GUINNESS SUSTAINABLE GLOBAL EQUITY FUND CLASS Y EUR ACCUMULATION IE00BN0W3180 11.3554 -0.155 21/09/2023
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND CLASS Y USD ACCUMULATION IE00BN0W3297 9.9587 -0.1924 21/09/2023
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GUINNESS SUSTAINABLE GLOBAL EQUITY FUND CLASS C EUR ACCUMULATION IE00BN0W2V16 11.0178 -0.1508 21/09/2023
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND CLASS C USD ACCUMULATION IE00BN0W2W23 9.665 -0.187 21/09/2023
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TB GUINNESS ASIAN EQUITY INCOME FUND Y ACCUMULATION GBP GB00BMFKG667 98.06 -0.98 21/09/2023
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TB GUINNESS GLOBAL INNOVATORS FUND Y ACCUMULATION GBP GB00BP5J5Y50 121.92 -0.75 21/09/2023
TB GUINNESS SUSTAINABLE ENERGY FUND Y ACCUMULATION GBP GB00BP5J6198 91.56 -0.98 21/09/2023
TB GUINNESS SUSTAINABLE ENERGY FUND Z ACCUMULATION GBP GB00BP5J6206 91.7 -0.97 21/09/2023
TB GUINNESS SUSTAINABLE GLOBAL EQUITY FUND Y ACCUMULATION GBP GB00BP5J7C70 102.28 -0.52 21/09/2023
TB GUINNESS SUSTAINABLE GLOBAL EQUITY FUND Z ACCUMULATION GBP GB00BP5J7D87 102.63 -0.52 21/09/2023
TB GUINNESS UK EQUITY INCOME FUND O OVERSEAS INCOME GB00BYX94G55 69.34 -0.08 21/09/2023
TB GUINNESS UK EQUITY INCOME FUND O OVERSEAS ACCUMULATION GB00BYX94F49 89.3 -0.1 21/09/2023
TB GUINNESS UK EQUITY INCOME FUND Y CLEAN INCOME GB00BYX94J86 74.74 -0.08 21/09/2023
TB GUINNESS UK EQUITY INCOME FUND Y CLEAN ACCUMULATION GB00BYX94H62 95.68 -0.11 21/09/2023
TB GUINNESS UK EQUITY INCOME FUND Z EARLY INVESTOR INCOME GB00BYX94L09 75.57 -0.08 21/09/2023
TB GUINNESS UK EQUITY INCOME FUND Z EARLY INVESTOR ACCUMULATION GB00BYX94K91 96.92 -0.11 21/09/2023
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Document

Guinness Asset Management Funds plc - Application Form

 

Guinness European Equity Income Fund is an equity fund. Investors should be willing and able to assume the risks of equity investing. The value of an investment and the income from it can fall as well as rise as a result of market and currency movement; you may not get back the amount originally invested. Further details on the risk factors are included in the Fund’s documentation, available on our website.​

Source: FE fundinfo. Investors should note that fees and expenses are charged to the capital of the Fund. This reduces the return on your investment by an amount equivalent to the Ongoing Charges Figure (OCF). The current OCF for the share class used for the fund performance returns is 0.89%. Returns for share classes with a different OCF will vary accordingly. Transaction costs also apply and are incurred when a fund buys or sells holdings. The performance returns do not reflect any initial charge; any such charge will also reduce the return.