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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.

Sharukh Malik

Sharukh Malik

Portfolio Manager, Asian & Emerging Markets

Edmund Harriss

Edmund Harriss

Director, Chief Investment Officer, Portfolio Manager

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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FundCalibre Rated

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.

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Factsheets

 

 

Fund English French German Spanish Italian
Guinness Greater China Fund Download Download Download Download Download

 

To see the Responsible Investment Factsheets, please click here

Updates

 

 

Document
Guinness Greater China Fund
April 2025
Document
Guinness Greater China Fund
April 2025
Guinness Greater China Fund
October 2024
Guinness Greater China Fund
July 2024
Guinness Greater China Fund
April 2024
Guinness Greater China Fund
October 2023
Guinness Greater China Fund
August 2023
Guinness Greater China Fund
July 2023
Guinness Greater China Fund
April 2023
Guinness Greater China Fund
October 2022
Guinness Best of China Fund
July 2022
Guinness Best of China Fund
April 2022
Guinness Best of China Fund
October 2021
Guinness Best of China Fund
July 2021
Guinness Best of China Fund
April 2021
Document
Guinness Greater China Fund
January 2025
Guinness Greater China Fund
January 2024
Guinness Greater China Fund
January 2023
Guinness Best of China Fund
January 2022
Guinness Greater China Fund
January 2021
Guinness Greater China Fund
January 2020
Document
Guinness Greater China Fund
April 2025
Guinness Greater China Fund
March 2025
Guinness Greater China Fund
February 2025
Guinness Greater China Fund
January 2025
Guinness Greater China Fund
December 2024
Guinness Greater China Fund
November 2024
Guinness Greater China Fund
October 2024
Guinness Greater China Fund
September 2024
Guinness Greater China Fund
August 2024
Guinness Greater China Fund
July 2024
Guinness Greater China Fund
June 2024
Guinness Greater China Fund
May 2024
Guinness Greater China Fund
April 2024
Guinness Greater China Fund
March 2024

KIIDS

 

 

Fund Class ISIN English French German Spanish Italian Swedish Finnish
Guinness Greater China Fund C EUR ACC IE00BZ08YS42
Guinness Greater China Fund C GBP ACC IE00BZ08YR35
Guinness Greater China Fund C USD ACC IE00BZ08YT58
Guinness Greater China Fund I USD Acc IE00BMYPNC70
Guinness Greater China Fund Y EUR ACC IE00BZ08YW87
Guinness Greater China Fund Y GBP ACC IE00BZ08YV70
Guinness Greater China Fund Y USD ACC IE00BZ08YX94
Guinness Greater China Fund F GBP Acc IE00BZ08YY02
Guinness Greater China Fund F EUR Acc IE000PL4LIL5
Guinness Greater China Fund F USD Acc IE000KYOJNN5

KIDS

 

 

Fund Class ISIN English French German Spanish Italian Swedish Finnish
Guinness Greater China Fund C EUR ACC IE00BZ08YS42
Guinness Greater China Fund C USD ACC IE00BZ08YT58
Guinness Greater China Fund Y EUR ACC IE00BZ08YW87
Guinness Greater China Fund Y USD ACC IE00BZ08YX94
Guinness Greater China Fund I USD Acc IE00BMYPNC70
Guinness Greater China Fund C GBP ACC IE00BZ08YR35
Guinness Greater China Fund Y GBP ACC IE00BZ08YV70
Guinness Greater China Fund Z GBP ACC IE00BZ08YY02
Guinness Greater China Fund F EUR Acc IE000PL4LIL5
Guinness Greater China Fund F USD Acc IE000KYOJNN5

Documents

 

 

Document

Guinness Asset Management Funds plc - Prospectus

Guinness Asset Management Funds plc - Target Market Assessment

Guinness Asset Management Funds plc - UK Reporting Fund Status 2023

Guinness Greater China Fund - Responsible Investment Factsheet

Greater China Fund – SFDR Pre-contractual Disclosures

Asian & EM - Approach to Responsible Investment and ESG

Greater China Fund - Sustainability-Related Disclosures

Fund Supplement

Guinness Asset Management Funds plc - Application Form

Guinness Greater China Fund MDD

Fund Facts

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

Launch Date
Fund managers (start date)
Sharukh Malik (30/06/2020)
Edmund Harriss (15/12/2015)
Benchmark
MSCI Golden Dragon Index
IA sector
IA China & Greater China
Structure
OEIC (UCITS)
Domicile
Ireland
Underlying currency
US Dollar
Pricing
Daily, forwards
Valuation
2300 Dublin time
Deal cut off time
1500 Dublin time
Administrator
Waystone Fund Administrators (IE) Limited
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 Max Initial Charge Min Investment ISIN SEDOL Bloomberg
C EUR ACC 1.99% 5% 0 IE00BZ08YS42 BZ08YS4 GUBOCCE ID
C GBP ACC 1.99% 5% 0 IE00BZ08YR35 BZ08YR3 GUBOCCG ID
C USD ACC 1.99% 5% 0 IE00BZ08YT58 BZ08YT5 GUBOCCU ID
I USD Acc 0.89% 0% 10,000,000 IE00BMYPNC70 BMYPNC7 GUBCHIU ID
Y EUR ACC 0.89% 5% 0 IE00BZ08YW87 BZ08YW8 GUBOCXE ID
Y GBP ACC 0.89% 5% 0 IE00BZ08YV70 BZ08YV7 GUBOCXG ID
Y USD ACC 0.89% 5% 0 IE00BZ08YX94 BZ08YX9 GUBOCXU ID
F GBP Acc 0.35% 0% 0 IE00BZ08YY02 BZ08YY0 GUBOCZG ID
F EUR Acc 0.35% 0% 0 IE000PL4LIL5 BQS8J99 GUGCFEA ID
F USD Acc 0.35% 0% 0 IE000KYOJNN5 BQS8JB1 GUGCFUA ID

Share Prices

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

 

Guinness Greater China - Webcast

Sharukh Malik

Understanding China's Economic Transition

Portfolio manager Sharukh Malik looks at how China's economic transition will produce investment…

Guinness Greater China - Webcast - Covering Q4 2024

Date: January 15, 2025 11:00 AM [BST] Sharukh Malik

Interactive Investor - Will the recent China rally be a flash in the pan?

Does the recent upswing in performance for China’s stock market have further to run? Faith Glasgow…

Guinness Greater China - Webcast - Covering Q3 2024

Date: October 16, 2024 11:00 AM [BST] Sharukh Malik

China is on the move, but how?

Portfolio manager Sharukh Malik looks at recent policy updates, how the PBOC are driving change,…

Citywire Selector - ‘More scale needed’: Chinese equities investors eager for more stimulus

Following the rally in equity at the start of October, investors are looking to the weekend for…

Guinness China on the move - Webcast

Date: October 3, 2024 11:00 AM [BST]Edmund Harriss Sharukh Malik

Guinness Greater China - Webcast - Covering Q2 2024

Date: July 17, 2024 11:00 AM [BST]Sharukh Malik & Edmund Harriss
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peacock blue

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.

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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.