Guinness Greater China Fund
The Guinness Greater China strategy invests in quality companies with exposure to the development and growth of the Greater China region.

Overview
The Guinness Greater China Fund invests in quality, profitable companies which give exposure to the structural growth themes in China.
The process is designed to give this exposure while mitigating the risks involved with investing in China. The Fund also has a valuation discipline designed to avoid overpaying for future growth.
The Chinese economy is the second largest in the world, and we think at some point it will surpass the US to become the world’s largest. However, China’s share of global equity markets is much smaller than its share of GDP, in stark contrast to other major economies. We believe that over time this gap should close, and Chinese markets are likely to take up a significantly larger share of major equity benchmarks. We expect that in the medium term, many investors are likely split China out of their emerging markets allocation and may have a dedicated China equity allocation. Therefore, investors should be thinking seriously about China today, in order to take advantage of this expected future demand.
Although investing in China presents many opportunities, it also brings challenges. These include government influence, relatively volatile equity markets, market access issues, corporate governance, language barriers, geopolitical tensions and accounting issues. While these are real challenges, we do not believe they are insurmountable. With a carefully designed process, we argue, investors can avoid companies which are exposed to these issues.
We adopt a disciplined approach towards investing in China. We keep it as simple as we can, so it is both understandable and repeatable on a consistent basis. We identify what we believe are China’s long-term structural growth themes and have created an investment universe of companies that we believe are best placed to convert these themes into superior profitability. To enter our investment universe, a company not only needs to give exposure to one of the themes, but must also have a superior cash return on investment without having excessive debt on its balance sheet. From this universe we select a small group of companies for the portfolio whose current market price undervalues the probable future returns on capital over the next three to five years.
Investment Team
High quality funds are run by high quality people.
We are proud of our collegial culture, with teams across the business benefiting from each other’s expertise as they target long-term returns for investors.
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.

Guinness Greater China Fund
Elite Provider
FundCalibre
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.

Updates
KIIDS
Fund | Class | ISIN | English | French | German | Spanish | Italian | Swedish | Finnish |
---|---|---|---|---|---|---|---|---|---|
Guinness Greater China Fund | C EUR ACC | IE00BZ08YS42 | Download | ||||||
Guinness Greater China Fund | C GBP ACC | IE00BZ08YR35 | Download | ||||||
Guinness Greater China Fund | C USD ACC | IE00BZ08YT58 | Download | ||||||
Guinness Greater China Fund | I USD Acc | IE00BMYPNC70 | Download | ||||||
Guinness Greater China Fund | Y EUR ACC | IE00BZ08YW87 | Download | ||||||
Guinness Greater China Fund | Y GBP ACC | IE00BZ08YV70 | Download | ||||||
Guinness Greater China Fund | Y USD ACC | IE00BZ08YX94 | Download | ||||||
Guinness Greater China Fund | F GBP Acc | IE00BZ08YY02 | Download | ||||||
Guinness Greater China Fund | F EUR Acc | IE000PL4LIL5 | Download | ||||||
Guinness Greater China Fund | F USD Acc | IE000KYOJNN5 | Download |
KIDS
Fund | Class | ISIN | English | French | German | Spanish | Italian | Swedish | Finnish |
---|---|---|---|---|---|---|---|---|---|
Guinness Greater China Fund | C EUR ACC | IE00BZ08YS42 | Download | Download | Download | Download | Download | Download | |
Guinness Greater China Fund | C USD ACC | IE00BZ08YT58 | Download | Download | Download | Download | Download | Download | |
Guinness Greater China Fund | Y EUR ACC | IE00BZ08YW87 | Download | Download | Download | Download | Download | Download | |
Guinness Greater China Fund | Y USD ACC | IE00BZ08YX94 | Download | Download | Download | Download | Download | Download | |
Guinness Greater China Fund | I USD Acc | IE00BMYPNC70 | Download | Download | Download | Download | |||
Guinness Greater China Fund | C GBP ACC | IE00BZ08YR35 | Download | Download | Download | Download | |||
Guinness Greater China Fund | Y GBP ACC | IE00BZ08YV70 | Download | Download | Download | Download | |||
Guinness Greater China Fund | Z GBP ACC | IE00BZ08YY02 | Download | Download | Download | Download | |||
Guinness Greater China Fund | F EUR Acc | IE000PL4LIL5 | Download | Download | |||||
Guinness Greater China Fund | F USD Acc | IE000KYOJNN5 | Download |
Documents
Fund Facts
For information on the Fund’s current investments, please see the latest factsheet available on the literature tab above.
Edmund Harriss (15/12/2015)
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.
Understanding China's Economic Transition
Guinness Greater China - Webcast - Covering Q4 2024
Interactive Investor - Will the recent China rally be a flash in the pan?
Guinness Greater China - Webcast - Covering Q3 2024
China is on the move, but how?
Citywire Selector - ‘More scale needed’: Chinese equities investors eager for more stimulus
Guinness China on the move - Webcast
Guinness Greater China - Webcast - Covering Q2 2024

TIME TO BECOME A FAN OF CHINA
FUN FACT
Q: Why do peacocks fan their feathers?
A: Peacocks spread their feathers to attract a mate.
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.

Guinness Greater China Fund is an equity fund. Investors should be willing and able to assume the risks of equity investing. The Fund only invests in the Greater China region; it is therefore susceptible to the performance of that region, and can be volatile. 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. For full information on the risks, please refer to the Prospectus, Supplement, and KID/KIID for the Fund, which are available on our website (guinnessgi.com/literature). If you decide to invest, you will be buying units/shares in the Fund and will not be investing directly in the underlying assets of the Fund. Past performance does not predict future returns.
Source: FE fundinfo. Net of fees. 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.