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Guinness Global Energy Fund

The Guinness Global Energy strategy seeks capital growth through exposure to global energy markets.

Overview

The Guinness Global Energy Fund seeks capital growth through exposure to global energy markets.

TB Guinness Global Energy Fund* UK investors should be aware that the Guinness Global Energy Fund is available as a UK domiciled fund denominated in GBP.

We believe that over the next twenty years the combined effects of population growth, developing world industrialisation and diminishing fossil fuel supplies will force energy prices higher.

The world's population is growing at a rate of 1% per year and is projected to rise over the next 20 years by 1.5 billion people. Over 90% of this growth will come from developing countries. The implications for energy consumption are profound. In China and India, among the world's largest and fastest-growing economies, growing demand for electricity, cars and consumer goods will have a significant impact on the world's energy balance.

The rise in global energy demand is projected to continue long into the future. And it is highly likely that the majority of this demand will be met by mainstream energy sources like oil, natural gas and coal, supported by growth in renewable technologies.

Meanwhile, the risk that energy supplies fall short of what is required over the next few years is intensifying as, in particular, the era of low-cost, easily extractable oil comes to an end. The non-OPEC world, despite the success of shale oil in the US, struggles to grow production consistently. Any spare production capacity that OPEC countries may have today is likely to decline quickly as they respond to the expected rise in demand and shortfalls caused by events such as civil war or sanctions. Put simply, the oil industry faces a huge challenge to build up new supplies of oil to compensate for the rapid decline in existing fields.

The combination of growing demand and supply challenges signals that energy prices will move up over time. This would create a favourable environment for companies with energy reserves and for their service providers and distributors. 

*The TB Guinness Global Energy Fund is available from 0.95% OCF. The historical performance of this fund will differ from the Guinness Global Energy Fund as the TB Guinness Global Energy fund has only been recently brought into line with the Guinness Global Energy Fund.  The documentation needed to make an investment, including the Prospectus, the Key Investor Information Document (KIID) and the Application Form, is available here.

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.
 

Will Riley

Will Riley

Portfolio Manager, Specialist Team

Jonathan Waghorn

Jonathan Waghorn

Portfolio Manager, Specialist Team

Awards & Ratings

We have a firm commitment to delivering the very best. That commitment is reflected in the awards we have received, some of which are shown below.

 

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lipper-uk

Guinness Global Energy Fund

BEST FUND OVER 3 YEARS
Lipper - Equity Sector Natural Resources

 

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Investment-Europe-awards

Guinness Global Energy Fund

BEST COMMODITY FUND
Investment Week

 

How to Invest

We’ve tried to make investing in our Funds as simple as possible. All of our funds are available to invest directly via an application form, we also have good availability across a number of investment supermarkets whilst being eligible for ISAs & SIPPs.

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Investment Case

Our stock selection is driven 50% by our top-down (macro) views and 50% by bottom-up stock analysis.

Rigorous independent analysis of the fundamental drivers of energy markets (e.g. oil supply and demand; OPEC behaviour; natural gas supply and demand; global LNG market; thermal and met coal markets). This allows us to forecast energy commodity prices and creates our top-down view, which in turn informs our energy sub-sector allocation.

Stock ideas are derived from a disciplined stock screening process. We review a universe of around 370 energy stocks each week to identify companies which look attractive on valuation, return on investment, earnings sentiment, and price momentum. Other screens specific to certain sub-sectors are also employed. Due diligence is performed on our stock ideas to establish whether we have conviction to include the stock in our portfolio. The due diligence centres around detailed financial modelling.

The portfolio comprises 30 equally weighted positions and does not follow any benchmark in its sub-sector weights, such as to ‘super-majors’. The portfolio is liquid, with 90% of the Fund normally invested in companies with a market capitalisation over US $1 billion.

 

In brief: why invest in energy?

Energy demand

Population growth and rising global wealth are driving relentless growth in the consumption of energy.
 

Energy supply

Despite improvements in alternative energy supplies, fossil fuels will remain the predominant world energy source for decades to come. However, the era of easily accessible, low-cost oil is over.
 

Energy company profits

Rising demand and depletion of low-cost energy supplies will push energy prices higher. This will create a favourable environment for companies with resource reserves, as well as their service providers and distributors.
 

Energy & inflation

Energy prices are a significant driver of inflation, which makes energy companies a useful long-term inflation hedge. If we see dollar inflation of 30-50% over the next decade (that’s just 2.7-4.3% per year), it will be surprising if oil and gas prices do not rise by a comparable percentage.
 

In detail: Energy Investment Case

“More motor vehicles will be sold over the next 20 years than have been sold in the entire history of the automobile industry.”

Supply is struggling to keep pace

High oil and natural gas prices between 2006 and 2014 incentivised energy companies to invest in new technologies, resulting in strong natural gas and oil production from unconventional shale resources in North America. This growth caused a change of production strategy from OPEC at the end of 2014, and this has led to sharply lower oil prices as OPEC grows production and defends market share while North American production starts to slow. We believe that OPEC is now producing near maximum capacity, while non-OPEC production will decline in the future as a result of lower investment levels. The industry still faces a big challenge in delivering reasonable oil supply growth at reasonable prices.
 

Favourable environment for investing in energy

The combination of growing demand and inadequate future supply signals that oil and other energy prices will move up over time. This would create a very favourable environment for companies with energy resources and for their service providers and distributors.

The Guinness Global Energy Fund seeks to capitalise on this energy price environment. We keep coming back to one key proposition: easily extractable oil and gas assets remain scarce, and it seems reasonable to believe that, as they get scarcer, they will trade at higher prices than we have yet seen. We believe shareholders in energy companies that are part of that world will be duly rewarded.
 

Surging demand for energy from developing countries

The world's population is growing at a rate of 1% per year, and is projected by the UN to rise by a further 20% (1.5 billion people) by 2030. Over 90% of this growth will come from developing countries. The implications for energy consumption are profound.

More motor vehicles will be sold over the next 20 years than have been sold throughout the entire history of the automobile industry. The surge of demand for electricity, cars and consumer goods in emerging markets will have a significant impact on the world's energy balance. China’s demand for oil per capita has not yet reached that of the OECD in 1950. There are 20 years of unrelenting oil demand growth to come as China’s vehicle fleet moves from 100 million now to 400 million by 2030, with numerous other countries following behind.

The rise in global energy demand is projected to continue long into the future. It is likely that the majority of this demand will be met by mainstream energy sources like oil, natural gas and coal.

The world’s oil consumption currently stands at around 94 million barrels per day, and continues to reach new highs each year. Even in the global recession of 2008/09, demand for oil from emerging markets continued to grow. We think that, over the next 10 years, global oil demand growth of 10-15 million barrels per day is highly plausible.

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Investment process

Our stock selection is driven 50% by our top-down (macro) views and 50% by bottom-up stock analysis. The top-down views shape our energy sub-sector allocation, whilst bottom-up analysis is designed to identify the best stocks to populate our sub-sector allocation. The investment team applies a mixture of value and growth investing, with a bias towards value.

Top-down views

Rigorous independent analysis of the fundamental drivers of energy markets (e.g. oil supply and demand; OPEC behaviour; natural gas supply and demand; global LNG market; thermal and met coal markets). This allows us to forecast energy commodity prices and creates our top-down view, which in turn informs our energy sub-sector allocation.

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Key Energy Equity Sub-Sectors

Bottom-up stock screening

The team operates a disciplined stock screening process. We review a universe of around 370 energy stocks each week to identify companies which look attractive on valuation, return on investment, earnings sentiment, and price momentum. Other screens specific to certain sub-sectors are also employed to generate ideas.
 

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Energy

Stock due diligence

Stock ideas are taken from our screens and due diligence is performed to establish whether we have conviction to include the stock in our portfolio. The due diligence centres around detailed financial modelling.

Portfolio Construction

 

Equally-weighted portfolio

The portfolio comprises 30 equally-weighted positions. Most of the positions comprise a single stock but a few are split across more than one stock, giving the portfolio 40-45 stocks in total. Our equally-weighted portfolio construction is designed create the best balance between maintaining fund concentration and managing stock-specific risk. It also imposes a structural sell discipline: an existing position must be sold to purchase a new holding.
 

Sector weights

The Fund does not follow any benchmark in its sub-sector weights. In particular, there are no underweight restrictions; the “super-major” oil and gas sector weighting may be zero.

Portfolio Risk Controls

 

Stock specific risk

Stock specific risk in the energy sector tends to be higher than the broader market. By constructing the Fund of 30 equally-weighted positions, we avoid significant exposure to any one individual stock.
 

Emerging market exposure

Normal practice is that emerging market exposure (considered by listing and by underlying asset exposure) is limited to 20% of the Fund.
 

Liquidity

The portfolio is liquid, with 90% of the Fund normally invested in companies with a market capitalisation over US $1 billion.
 

Currency

The Fund is not hedged from a currency perspective. However, because the underlying investments have an exposure to energy commodity prices, this tends to act as a natural hedge against currency movement.

 

Factsheets

 

 

Fund English French German Spanish Italian
Guinness Global Energy Fund Download Download Download Download Download

Updates

 

 

Document
Guinness Global Energy Fund
September 2022
Document
Guinness Global Energy Fund
July 2022
Guinness Global Energy Fund
April 2022
Guinness Global Energy Fund
October 2021
Guinness Global Energy Fund
July 2021
Guinness Global Energy Fund
April 2021
Guinness Global Energy Fund - Annual Review
January 2022
Document
Guinness Global Energy Fund
September 2022
Guinness Global Energy Fund
August 2022
Guinness Global Energy Fund
July 2022
Guinness Global Energy Fund
June 2022
Guinness Global Energy Fund
May 2022
Guinness Global Energy Fund
April 2022
Guinness Global Energy Fund
March 2022
Guinness Global Energy Fund
February 2022
Guinness Global Energy Fund
December 2021
Guinness Global Energy Fund
November 2021
Guinness Global Energy Fund
October 2021
Guinness Global Energy Fund
September 2021
Guinness Global Energy Fund
August 2021
Guinness Global Energy Fund
July 2021

KIIDS

 

 

Fund Class ISIN English French German Spanish Italian Swedish Finnish
Guinness Global Energy Fund C EUR Acc IE00BGHQF524 Download Download Download Download Download Download Download
Guinness Global Energy Fund C GBP Acc IE00B3CCJ963 Download Download Download Download Download Download
Guinness Global Energy Fund C USD Acc IE00B2Q91V27 Download Download Download Download Download Download
Guinness Global Energy Fund D EUR Acc IE00B3CCJB88 Download Download Download Download Download Download Download
Guinness Global Energy Fund D USD Acc IE00B2Q91T05 Download Download Download Download Download Download
Guinness Global Energy Fund I USD Acc IE00BMYPN507 Download
Guinness Global Energy Fund Y EUR Acc IE00BFMGVR44 Download Download Download Download Download Download Download
Guinness Global Energy Fund Y GBP Acc IE00B6XV0016 Download Download Download Download Download Download
Guinness Global Energy Fund Y USD Acc IE00B3CCJC95 Download Download Download Download Download Download Download
Guinness Global Energy Fund Y USD Dist IE00BG6L7638 Download Download Download Download Download Download

Documents

 

 

Document

Fund Supplement

Long-only Application Form

Funds - Prospectus

Fund Facts

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

Launch Date
Fund managers (start date)
Tim Guinness (31/03/2008)
Will Riley (01/01/2010)
Jonathan Waghorn (09/09/2013)
Benchmark
MSCI World Energy Index
IA sector
IA Commodities and Natural Resources
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.

 

Class OCF current Max Initial Charge Min Investment ISIN SEDOL Bloomberg
C EUR Acc 1.99% 5.00% 0 IE00BGHQF524 BGHQF52 GUINCEU ID
C GBP Acc 1.99% 5.00% 0 IE00B3CCJ963 B3CCJ96 GUINGEC ID
C USD Acc 1.99% 5.00% 0 IE00B2Q91V27 B2Q91V2 GUINGEB ID
D EUR Acc 1.49% 5.00% 0 IE00B3CCJB88 B3CCJB8 GUINGED ID
D USD Acc 1.49% 5.00% 0 IE00B2Q91T05 B2Q91T0 GUINGEA ID
I USD Acc 0.99% 0.00% 10000000 IE00BMYPN507 BMYPN50 GUGEIUA ID
Y EUR Acc 0.99% 5.00% 0 IE00BFMGVR44 BFMGVR4 GUIGXEA ID
Y GBP Acc 0.99% 5.00% 0 IE00B6XV0016 B6XV001 GUINGEX ID
Y USD Acc 0.99% 5.00% 0 IE00B3CCJC95 B3CCJC9 GUINGEE ID
Y USD Dist 0.99% 5.00% 0 IE00BG6L7638 BG6L763 GUINXUS ID

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 GLOBAL EQUITY INCOME FUND D USD DISTRIBUTION IE00B3QG6N78 17.0444 0.4955 04/10/2022
GUINNESS GLOBAL EQUITY INCOME FUND C USD DISTRIBUTION IE00B42XCP33 16.0921 0.4676 04/10/2022
GUINNESS GLOBAL EQUITY INCOME FUND C GBP DISTRIBUTION IE00B3PB1722 22.1133 0.4085 04/10/2022
GUINNESS GLOBAL EQUITY INCOME FUND D EUR DISTRIBUTION IE00B66B5L40 23.0206 0.3528 04/10/2022
GUINNESS GLOBAL EQUITY INCOME FUND Z GBP DISTRIBUTION IE00B754QH41 25.6853 0.4753 04/10/2022
GUINNESS GLOBAL EQUITY INCOME FUND C EUR ACCUMULATION IE00BGHQF631 22.2383 0.3405 04/10/2022
GUINNESS GLOBAL EQUITY INCOME FUND C GBP ACCUMULATION IE00BVYPNV92 20.5478 0.3796 04/10/2022
GUINNESS GLOBAL EQUITY INCOME FUND C USD ACCUMULATION IE00BVYPNW00 15.6788 0.4556 04/10/2022
GUINNESS GLOBAL EQUITY INCOME FUND Y EUR ACCUMULATION IE00BVYPNZ31 17.9864 0.2759 04/10/2022
GUINNESS GLOBAL EQUITY INCOME FUND Y EUR DISTRIBUTION IE00BVYPP024 14.661 0.2249 04/10/2022
GUINNESS GLOBAL EQUITY INCOME FUND Y GBP ACCUMULATION IE00BVYPNY24 22.1623 0.41 04/10/2022
GUINNESS GLOBAL EQUITY INCOME FUND Y GBP DISTRIBUTION IE00BVYPP131 18.1013 0.3348 04/10/2022
GUINNESS GLOBAL EQUITY INCOME FUND Y USD ACCUMULATION IE00BVYPNX17 16.9121 0.4919 04/10/2022
GUINNESS GLOBAL EQUITY INCOME FUND Y USD DISTRIBUTION IE00BVYPP248 13.7733 0.4006 04/10/2022
GUINNESS GLOBAL EQUITY INCOME FUND C EUR DISTRIBUTION IE00BDGV0183 14.1168 0.2161 04/10/2022
GUINNESS GLOBAL EQUITY INCOME FUND D EUR ACCUMULATION IE00BDGV0290 16.8159 0.2577 04/10/2022
GUINNESS GLOBAL EQUITY INCOME FUND I USD DISTRIBUTION IE00BGK8P991 12.326 0.3584 04/10/2022
GUINNESS GLOBAL EQUITY INCOME FUND I USD ACCUMULATION IE00BJBK7883 11.4544 0.3331 04/10/2022
GUINNESS GLOBAL MONEY MANAGERS FUND C USD ACCUMULATION IE00B3QW5Z07 18.0042 0.8365 04/10/2022
GUINNESS GLOBAL MONEY MANAGERS FUND C GBP ACCUMULATION IE00B64PRP62 24.8058 0.8946 04/10/2022
GUINNESS GLOBAL MONEY MANAGERS FUND Y EUR ACCUMULATION IE00B68GW162 26.1325 0.8623 04/10/2022
GUINNESS GLOBAL MONEY MANAGERS FUND Y USD ACCUMULATION IE00B3NSFR34 19.8874 0.9247 04/10/2022
GUINNESS GLOBAL MONEY MANAGERS FUND Y GBP ACCUMULATION IE00B7MJHM43 29.6414 1.07 04/10/2022
GUINNESS GLOBAL MONEY MANAGERS FUND C EUR ACCUMULATION IE00BGHQF748 15.927 0.525 04/10/2022
GUINNESS GLOBAL MONEY MANAGERS FUND I USD ACCUMULATION IE00BMYPMW02 9.9454 0.4625 04/10/2022
GUINNESS EUROPEAN EQUITY INCOME FUND C EUR ACCUMULATION IE00BGHQDW50 14.9704 0.5003 04/10/2022
GUINNESS EUROPEAN EQUITY INCOME FUND Z GBP DISTRIBUTION IE00BGHQF300 13.6943 0.5007 04/10/2022
GUINNESS EUROPEAN EQUITY INCOME FUND C GBP ACCUMULATION IE00BVYPNS63 15.1075 0.5517 04/10/2022
GUINNESS EUROPEAN EQUITY INCOME FUND C USD ACCUMULATION IE00BVYPNT70 11.5479 0.5418 04/10/2022
GUINNESS EUROPEAN EQUITY INCOME FUND Y GBP ACCUMULATION IE00BYVHVZ98 11.3263 0.4139 04/10/2022
GUINNESS EUROPEAN EQUITY INCOME FUND Y GBP DISTRIBUTION IE00BYVHWJ06 9.8198 0.3589 04/10/2022
GUINNESS EUROPEAN EQUITY INCOME FUND Y EUR ACCUMULATION IE00BYVHW019 11.5349 0.3858 04/10/2022
GUINNESS EUROPEAN EQUITY INCOME FUND Y EUR DISTRIBUTION IE00BYVHW126 9.9916 0.3342 04/10/2022
GUINNESS EUROPEAN EQUITY INCOME FUND Y USD ACCUMULATION IE00BYVHW233 9.3662 0.4396 04/10/2022
GUINNESS EUROPEAN EQUITY INCOME FUND Y USD DISTRIBUTION IE00BYVHW340 8.0876 0.3796 04/10/2022
GUINNESS EUROPEAN EQUITY INCOME FUND I USD ACCUMULATION IE00BMYPN382 8.8663 0.4161 04/10/2022
GUINNESS EUROPEAN EQUITY INCOME FUND I USD DISTRIBUTION IE00BMYPN499 8.3805 0.3933 04/10/2022
GUINNESS EUROPEAN EQUITY INCOME FUND C EUR DISTRIBUTION IE000AHX6WT2 8.1272 0.2716 04/10/2022
GUINNESS EUROPEAN EQUITY INCOME FUND C GBP DISTRIBUTION IE000N9K9CQ4 8.3554 0.305 04/10/2022
GUINNESS EUROPEAN EQUITY INCOME FUND C USD DISTRIBUTION IE000RAMYLN7 6.8242 0.3201 04/10/2022
GUINNESS ASIAN EQUITY INCOME FUND C EUR ACCUMULATION IE00BGHQDM52 18.064 0.0463 04/10/2022
GUINNESS ASIAN EQUITY INCOME FUND CLASS Z GBP DISTRIBUTION IE00BGHQDV44 15.1006 0.0876 04/10/2022
GUINNESS ASIAN EQUITY INCOME FUND C GBP ACCUMULATION IE00BVYPNP33 15.501 0.0894 04/10/2022
GUINNESS ASIAN EQUITY INCOME FUND C USD ACCUMULATION IE00BVYPNQ40 11.8261 0.195 04/10/2022
GUINNESS ASIAN EQUITY INCOME FUND CLASS Y EUR ACCUMULATION IE00BDHSRG22 11.7827 0.0306 04/10/2022
GUINNESS ASIAN EQUITY INCOME FUND CLASS Y EUR DISTRIBUTION IE00BDHSRH39 9.6608 0.025 04/10/2022
GUINNESS ASIAN EQUITY INCOME FUND CLASS Y GBP ACCUMULATION IE00BDHSRD90 12.1784 0.0706 04/10/2022
GUINNESS ASIAN EQUITY INCOME FUND CLASS Y GBP DISTRIBUTION IE00BDHSRF15 10.0039 0.058 04/10/2022
GUINNESS ASIAN EQUITY INCOME FUND CLASS Y USD ACCUMULATION IE00BDHSRJ52 10.7376 0.1774 04/10/2022
GUINNESS ASIAN EQUITY INCOME FUND CLASS Y USD DISTRIBUTION IE00BDHSRK67 8.7964 0.1453 04/10/2022
GUINNESS ASIAN EQUITY INCOME FUND I USD ACCUMULATION IE00BMYPN051 8.5365 0.141 04/10/2022
GUINNESS ASIAN EQUITY INCOME FUND I USD DISTRIBUTION IE00BMYPN168 8.0553 0.1331 04/10/2022
GUINNESS GLOBAL INNOVATORS FUND C GBP ACCUMULATION IE00BQXX3C00 23.0172 0.5496 04/10/2022
GUINNESS GLOBAL INNOVATORS FUND C EUR ACCUMULATION IE00BQXX3D17 20.6442 0.4281 04/10/2022
GUINNESS GLOBAL INNOVATORS FUND C USD ACCUMULATION IE00BQXX3F31 16.4059 0.5644 04/10/2022
GUINNESS GLOBAL INNOVATORS FUND Y GBP ACCUMULATION IE00BQXX3K83 24.9513 0.5965 04/10/2022
GUINNESS GLOBAL INNOVATORS FUND Y EUR ACCUMULATION IE00BQXX3L90 22.3547 0.4642 04/10/2022
GUINNESS GLOBAL INNOVATORS FUND Y USD ACCUMULATION IE00BQXX3M08 17.8326 0.614 04/10/2022
GUINNESS GLOBAL INNOVATORS FUND Z GBP ACCUMULATION IE00BQXX3N15 25.4042 0.6074 04/10/2022
GUINNESS GLOBAL INNOVATORS FUND Z EUR ACCUMULATION IE00BQXX3P39 22.7755 0.473 04/10/2022
GUINNESS GLOBAL INNOVATORS FUND Z USD ACCUMULATION IE00BQXX3Q46 18.1068 0.6236 04/10/2022
GUINNESS GLOBAL INNOVATORS FUND I USD ACCUMULATION IE00BMYPNG19 8.5812 0.2955 04/10/2022
GUINNESS BEST OF CHINA FUND CLASS C EUR ACCUMULATION IE00BZ08YS42 12.5822 -0.1132 04/10/2022
GUINNESS BEST OF CHINA FUND CLASS C GBP ACCUMULATION IE00BZ08YR35 15.1496 -0.0873 04/10/2022
GUINNESS BEST OF CHINA FUND CLASS C USD ACCUMULATION IE00BZ08YT58 11.4875 0.0585 04/10/2022
GUINNESS BEST OF CHINA FUND CLASS Y EUR ACCUMULATION IE00BZ08YW87 13.3395 -0.1196 04/10/2022
GUINNESS BEST OF CHINA FUND CLASS Y GBP ACCUMULATION IE00BZ08YV70 16.0446 -0.0919 04/10/2022
GUINNESS BEST OF CHINA FUND CLASS Y USD ACCUMULATION IE00BZ08YX94 12.1367 0.0622 04/10/2022
GUINNESS BEST OF CHINA FUND CLASS Z GBP ACCUMULATION IE00BZ08YY02 16.5294 -0.0944 04/10/2022
GUINNESS BEST OF CHINA FUND I USD ACCUMULATION IE00BMYPNC70 7.3009 0.0374 04/10/2022
GUINNESS EMERGING MARKETS EQUITY INCOME FUND C USD ACCUMULATION IE00BYV24P56 11.5207 0.2297 04/10/2022
GUINNESS EMERGING MARKETS EQUITY INCOME FUND Y GBP ACCUMULATION IE00BYV24Q63 13.0892 0.1215 04/10/2022
GUINNESS EMERGING MARKETS EQUITY INCOME FUND Y GBP DISTRIBUTION IE00BYV24R70 10.9305 0.1015 04/10/2022
GUINNESS EMERGING MARKETS EQUITY INCOME FUND Y EUR ACCUMULATION IE00BYV24S87 12.7831 0.0779 04/10/2022
GUINNESS EMERGING MARKETS EQUITY INCOME FUND Y EUR DISTRIBUTION IE00BYV24T94 10.6625 0.0649 04/10/2022
GUINNESS EMERGING MARKETS EQUITY INCOME FUND Y USD ACCUMULATION IE00BYV24V17 12.1783 0.2432 04/10/2022
GUINNESS EMERGING MARKETS EQUITY INCOME FUND Y USD DISTRIBUTION IE00BYV24W24 10.147 0.2025 04/10/2022
GUINNESS EMERGING MARKETS EQUITY INCOME FUND Z GBP DISTRIBUTION IE00BYV24X31 11.2411 0.1045 04/10/2022
GUINNESS EMERGING MARKETS EQUITY INCOME FUND C EUR ACCUMULATION IE00BMCWC346 10.0923 0.0611 04/10/2022
GUINNESS EMERGING MARKETS EQUITY INCOME FUND C GBP ACCUMULATION IE00BMCWC239 9.7143 0.0899 04/10/2022
GUINNESS EMERGING MARKETS EQUITY INCOME FUND I USD ACCUMULATION IE00BMYPND87 8.4261 0.1682 04/10/2022
GUINNESS EMERGING MARKETS EQUITY INCOME FUND I USD DISTRIBUTION IE00BMYPNF02 7.9487 0.1587 04/10/2022
GUINNESS EMERGING MARKETS EQUITY INCOME FUND C EUR DISTRIBUTION IE0009746VI0 8.8456 0.0536 04/10/2022
GUINNESS EMERGING MARKETS EQUITY INCOME FUND C GBP DISTRIBUTION IE000UPHOYQ6 9.0889 0.0841 04/10/2022
GUINNESS EMERGING MARKETS EQUITY INCOME FUND C USD DISTRIBUTION IE000XFJTUO9 7.427 0.148 04/10/2022
GUINNESS BEST OF ASIA FUND C GBP ACCUMULATION IE00BF2VFX37 10.0297 0.0787 04/10/2022
GUINNESS BEST OF ASIA FUND Y GBP ACCUMULATION IE00BF2VFY44 10.5281 0.083 04/10/2022
GUINNESS BEST OF ASIA FUND Y EUR ACCUMULATION IE00BF2VFZ50 10.7035 0.0503 04/10/2022
GUINNESS BEST OF ASIA FUND Y USD ACCUMULATION IE00BF2VG076 8.935 0.1661 04/10/2022
GUINNESS BEST OF ASIA FUND Z GBP ACCUMULATION IE00BF2VG183 10.6611 0.0841 04/10/2022
GUINNESS BEST OF ASIA FUND I USD ACCUMULATION IE00BMYPN275 7.7543 0.1441 04/10/2022
GUINNESS BEST OF ASIA FUND C EUR ACCUMULATION IE000IYIWG07 8.1993 0.0382 04/10/2022
GUINNESS BEST OF ASIA FUND C USD ACCUMULATION IE0004NN3YY8 6.8986 0.128 04/10/2022
GUINNESS MULTI-ASSET GROWTH FUND C GBP ACCUMULATION IE00BG5QQP10 12.5114 0.2216 04/10/2022
GUINNESS MULTI-ASSET GROWTH FUND C EUR ACCUMULATION IE00BG5QQQ27 12.9157 0.1884 04/10/2022
GUINNESS MULTI-ASSET GROWTH FUND C EUR HEDGED ACCUMULATION IE00BG5QQR34 10.9536 0.1927 04/10/2022
GUINNESS MULTI-ASSET GROWTH FUND C USD ACCUMULATION IE00BG5QQS41 11.2475 0.3185 04/10/2022
GUINNESS MULTI-ASSET GROWTH FUND C USD HEDGED ACCUMULATION IE00BG5QRJ25 11.4893 0.2039 04/10/2022
GUINNESS MULTI-ASSET GROWTH FUND O GBP ACCUMULATION IE00BG5QRK30 12.9146 0.2292 04/10/2022
GUINNESS MULTI-ASSET GROWTH FUND O EUR ACCUMULATION IE00BG5QRL47 13.3376 0.1949 04/10/2022
GUINNESS MULTI-ASSET GROWTH FUND O EUR HEDGED ACCUMULATION IE00BG5QRM53 11.2723 0.1986 04/10/2022
GUINNESS MULTI-ASSET GROWTH FUND O USD ACCUMULATION IE00BG5QRN60 11.6103 0.329 04/10/2022
GUINNESS MULTI-ASSET GROWTH FUND O USD HEDGED ACCUMULATION IE00BG5QRP84 11.776 0.2095 04/10/2022
GUINNESS MULTI-ASSET GROWTH FUND R GBP ACCUMULATION IE00BG5QRQ91 12.4186 0.22 04/10/2022
GUINNESS MULTI-ASSET GROWTH FUND R EUR ACCUMULATION IE00BG5QRR09 12.823 0.187 04/10/2022
GUINNESS MULTI-ASSET GROWTH FUND R EUR HEDGED ACCUMULATION IE00BG5QRS16 10.8745 0.1912 04/10/2022
GUINNESS MULTI-ASSET GROWTH FUND R USD ACCUMULATION IE00BG5QRT23 11.1552 0.3157 04/10/2022
GUINNESS MULTI-ASSET GROWTH FUND R USD HEDGED ACCUMULATION IE00BG5QRV45 11.4191 0.2027 04/10/2022
GUINNESS MULTI-ASSET GROWTH FUND Y GBP ACCUMULATION IE00BG5QRW51 13.0811 0.2322 04/10/2022
GUINNESS MULTI-ASSET BALANCED FUND C GBP ACCUMULATION IE00BG5QQV79 12.1066 0.1651 04/10/2022
GUINNESS MULTI-ASSET BALANCED FUND C EUR ACCUMULATION IE00BG5QQW86 12.4982 0.1312 04/10/2022
GUINNESS MULTI-ASSET BALANCED FUND C EUR HEDGED ACCUMULATION IE00BG5QQX93 10.708 0.1448 04/10/2022
GUINNESS MULTI-ASSET BALANCED FUND C USD ACCUMULATION IE00BG5QQY01 10.8834 0.2643 04/10/2022
GUINNESS MULTI-ASSET BALANCED FUND C USD HEDGED ACCUMULATION IE00BG5QQZ18 11.2037 0.1528 04/10/2022
GUINNESS MULTI-ASSET BALANCED FUND O GBP ACCUMULATION IE00BG5QR034 12.497 0.1708 04/10/2022
GUINNESS MULTI-ASSET BALANCED FUND O EUR ACCUMULATION IE00BG5QR141 12.9044 0.1358 04/10/2022
GUINNESS MULTI-ASSET BALANCED FUND O EUR HEDGED ACCUMULATION IE00BG5QR257 11.0319 0.1495 04/10/2022
GUINNESS MULTI-ASSET BALANCED FUND O USD ACCUMULATION IE00BG5QR364 11.2336 0.273 04/10/2022
GUINNESS MULTI-ASSET BALANCED FUND O USD HEDGED ACCUMULATION IE00BG5QR471 11.5447 0.1577 04/10/2022
GUINNESS MULTI-ASSET BALANCED FUND R GBP ACCUMULATION IE00BG5QR588 12.0142 0.1638 04/10/2022
GUINNESS MULTI-ASSET BALANCED FUND R EUR ACCUMULATION IE00BG5QR695 12.4071 0.1299 04/10/2022
GUINNESS MULTI-ASSET BALANCED FUND R EUR HEDGED ACCUMULATION IE00BG5QR703 10.6437 0.1439 04/10/2022
GUINNESS MULTI-ASSET BALANCED FUND R USD ACCUMULATION IE00BG5QR810 10.7925 0.262 04/10/2022
GUINNESS MULTI-ASSET BALANCED FUND R USD HEDGED ACCUMULATION IE00BG5QR927 11.1827 0.1524 04/10/2022
GUINNESS MULTI-ASSET BALANCED FUND Y GBP ACCUMULATION IE00BG5QRB49 12.6522 0.173 04/10/2022
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND Z USD ACCUMULATION IE00BN0W3529 9.3499 0.3249 04/10/2022
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND Z GBP ACCUMULATION IE00BN0W3305 10.9928 0.2662 04/10/2022
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND Z EUR ACCUMULATION IE00BN0W3412 11.4147 0.2405 04/10/2022
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND I GBP ACCUMULATION IE00BN0W2X30 10.9348 0.2646 04/10/2022
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND I EUR ACCUMULATION IE00BN0W2Y47 11.3599 0.2394 04/10/2022
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND I USD ACCUMULATION IE00BN0W2Z53 9.3039 0.3231 04/10/2022
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND Y GBP ACCUMULATION IE00BN0W3073 10.937 0.2647 04/10/2022
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND Y EUR ACCUMULATION IE00BN0W3180 11.3606 0.2393 04/10/2022
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND Y USD ACCUMULATION IE00BN0W3297 9.3058 0.3232 04/10/2022
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND C GBP ACCUMULATION IE00BN0W2T93 10.7252 0.2592 04/10/2022
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND C EUR ACCUMULATION IE00BN0W2V16 11.1405 0.2344 04/10/2022
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND C USD ACCUMULATION IE00BN0W2W23 9.1277 0.3168 04/10/2022
GUINNESS SUSTAINABLE ENERGY FUND D USD ACCUMULATION IE00B2PGVJ29 4.836 0.1742 04/10/2022
GUINNESS SUSTAINABLE ENERGY FUND C USD ACCUMULATION IE00B2PGVK34 4.4905 0.1617 04/10/2022
GUINNESS SUSTAINABLE ENERGY FUND C GBP ACCUMULATION IE00B3CCJ633 9.0913 0.2318 04/10/2022
GUINNESS SUSTAINABLE ENERGY FUND D EUR ACCUMULATION IE00B3CCJ740 9.0823 0.2031 04/10/2022
GUINNESS SUSTAINABLE ENERGY FUND C EUR ACCUMULATION IE00BGHQF417 18.285 0.4089 04/10/2022
GUINNESS SUSTAINABLE ENERGY FUND Y GBP ACCUMULATION IE00BFYV9L73 23.2967 0.5947 04/10/2022
GUINNESS SUSTAINABLE ENERGY FUND Y EUR ACCUMULATION IE00BFYV9M80 23.6445 0.5294 04/10/2022
GUINNESS SUSTAINABLE ENERGY FUND Y USD ACCUMULATION IE00BFYV9N97 18.9208 0.6819 04/10/2022
GUINNESS SUSTAINABLE ENERGY FUND I USD ACCUMULATION IE00BMYPNB63 10.0198 0.3611 04/10/2022
GUINNESS GLOBAL ENERGY FUND D USD ACCUMULATION IE00B2Q91T05 7.9533 0.2994 04/10/2022
GUINNESS GLOBAL ENERGY FUND C USD ACCUMULATION IE00B2Q91V27 7.4845 0.2817 04/10/2022
GUINNESS GLOBAL ENERGY FUND C GBP ACCUMULATION IE00B3CCJ963 12.0829 0.3279 04/10/2022
GUINNESS GLOBAL ENERGY FUND D EUR ACCUMULATION IE00B3CCJB88 12.0694 0.2899 04/10/2022
GUINNESS GLOBAL ENERGY FUND Y USD ACCUMULATION IE00B3CCJC95 8.5898 0.3235 04/10/2022
GUINNESS GLOBAL ENERGY FUND Y GBP ACCUMULATION IE00B6XV0016 11.7133 0.3182 04/10/2022
GUINNESS GLOBAL ENERGY FUND C EUR ACCUMULATION IE00BGHQF524 9.4892 0.2278 04/10/2022
GUINNESS GLOBAL ENERGY FUND Y USD DISTRIBUTION IE00BG6L7638 6.5561 0.2469 04/10/2022
GUINNESS GLOBAL ENERGY FUND Y EUR ACCUMULATION IE00BFMGVR44 10.9028 0.2621 04/10/2022
GUINNESS GLOBAL ENERGY FUND I USD ACCUMULATION IE00BMYPN507 16.9202 0.6372 04/10/2022
TB Guinness UK Equity Income Fund O Overseas Income GB00BYX94G55 73.99 -0.01 04/08/2022
TB Guinness UK Equity Income Fund O Overseas Accumulation GB00BYX94F49 91.23 -0.03 04/08/2022
TB Guinness UK Equity Income Fund Y Clean Income GB00BYX94J86 78.96 -0.01 04/08/2022
TB Guinness UK Equity Income Fund Y Clean Accumulation GB00BYX94H62 96.61 -0.03 04/08/2022
TB Guinness UK Equity Income Fund Z Early Investor Income GB00BYX94L09 79.61 -0.02 04/08/2022
TB Guinness UK Equity Income Fund Z Early Investor Accumulation GB00BYX94K91 97.65 -0.02 04/08/2022
TB Guinness Global Equity Income Fund Y Income GBP GB00BNGFN669 127.45 1.28 04/08/2022
TB Guinness Global Equity Income Fund Y Accumulation GBP GB00BNGFN776 133 1.35 04/08/2022
TB Guinness Asian Equity Income Fund Y Income GBP GB00BMFKG774 91.21 0.74 04/08/2022
TB Guinness Asian Equity Income Fund Y Accumulation GBP GB00BMFKG667 96.02 0.78 04/08/2022
13 October 2022

Guinness Global Energy Fund - Webcast - Covering Q3 2022

Date: Oct 13, 2022 02:00 PM [GMT+1]Jonathan Waghorn & Will Riley
28 July 2022

Fidelity Podcast: Are energy price rises here to stay?

Jonathan Waghorn, manager of the Guinness Global Energy Fund joins Fidelity International to…
21 July 2022

Guinness Global Energy Fund - Webcast - Covering Q2 2022

Date: JUL 21, 2022 11:00 AM [GMT+1]Jonathan Waghorn & Will Riley
7 April 2022

Guinness Global Energy Fund - Webcast - Covering Q1 2022

Date: Apr 19, 2022 02:00 PM [GMT+1]Jonathan Waghorn & Will Riley
16 February 2022

2022 Investor Conference - The Energy Transition

Jonathan Waghorn & Will Riley
17 January 2022

Guinness Global Energy - Webcast - Covering Q4 2021

Jonathan Waghorn & Will Riley
13 October 2021

Guinness Global Energy - Webcast - Covering Q3 2021

Jonathan Waghorn & Will Riley
2 October 2021

How to cash in on the international supply crisis

Demand for oil, copper and other commodities is growing — could this help investors to beat the…
11 December 2020

The big winners from the Covid vaccines

The Guinness Global Energy Fund features as the second best-performing Fund during the November…
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