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WS Guinness Global Energy Fund

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

Overview

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

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. 

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

Dan Hobster

Dan Hobster

Investment Analyst, Specialist 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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How to Invest in Guinness Global Investors

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 - Global Energy Fund

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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Top down views - Guinness Global Energy

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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Bottom up stock screening - Guinness Global Energy Fund

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
WS Guinness Global Energy Fund Download

Updates

 

 

Document
WS Guinness Global Energy Fund
March 2024
Document
WS Guinness Global Energy Fund
October 2023
WS Guinness Global Energy Fund
July 2023
WS Guinness Global Energy Fund
April 2023
Document
WS Guinness Global Energy Fund
March 2024
ws Guinness Global Energy Fund
February 2024
WS Guinness Global Energy Fund
January 2024
WS Guinness Global Energy Fund
December 2023
WS Guinness Global Energy Fund
November 2023
WS Guinness Global Energy Fund
October 2023
WS Guinness Global Energy Fund
September 2023
WS Guinness Global Energy Fund
August 2023
WS Guinness Global Energy Fund
July 2023
WS Guinness Global Energy Fund
June 2023
WS Guinness Global Energy Fund
May 2023
WS Guinness Global Energy Fund
April 2023

KIIDS

 

 

Fund Class ISIN English French German Spanish Italian Swedish Finnish
WS Guinness Global Energy Fund I ACC GBP GB00B56FW078

Documents

Document

Guinness Global Energy - Approach to Responsible Investment & ESG

High Conviction Active Asset Management

WS Guinness Global Energy Fund - Reports & Accounts

WS Guinness Global Energy Fund - Value Assessment

WS Guinness Funds - Supplementary Information Document

WS Global Energy Fund - Prospectus

WS Guinness Global Energy Fund - Application Form

WS Guinness Funds - 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.

 

Launch Date
Fund managers
Jonathan Waghorn
Will Riley
Tim Guinness
Benchmark
MSCI World Energy Index
IA sector
IA Commodities and Natural Resources
Structure
Unit Trust (UCITS)
Domicile
UK
Underlying currency
Pounds Sterling
Pricing
Daily, forwards
Valuation
1200 UK time
Deal cut off time
1200 UK time
Administrator
Waystone Fund Services (UK) Limited
Custodian
Northern Trust
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
I ACC GBP 0.95% 0.00% 1000 GB00B56FW078 B56FW07 ARTGLEI LN

Share Prices

The Funds are priced every working day at 12.00 UK time and updated here the following day.

 

Fund name Isin Fund price (+/-) Date
GUINNESS CHINA RMB INCOME FUND CLASS Y CNH DIST IE000026G6J3 99.8859 0.0343 14/03/2024
GUINNESS CHINA RMB INCOME FUND CLASS Y EUR DIST IE000K4N4BW3 9.396 0.0433 14/03/2024
GUINNESS CHINA RMB INCOME FUND CLASS Y GBP DIST IE000G9JHZF4 9.0416 0.0304 14/03/2024
GUINNESS CHINA RMB INCOME FUND CLASS Y USD DIST IE000FIQDRV0 9.6789 -0.0045 14/03/2024
GUINNESS CHINA RMB INCOME FUND CLASS Z EUR DIST IE0006534FS5 9.4103 0.0435 14/03/2024
GUINNESS CHINA RMB INCOME FUND CLASS Z GBP DIST IE000K9NODM9 9.0567 0.0306 14/03/2024
GUINNESS CHINA RMB INCOME FUND CLASS Z USD DIST IE000BEWEDQ4 9.6948 -0.0044 14/03/2024
GUINNESS CHINA A SHARE FUND CLASS C GBP ACC IE0006BWJJW3 6.9508 -0.0294 14/03/2024
GUINNESS CHINA A SHARE FUND CLASS C EUR ACC IE0001VD9PN1 7.2223 -0.0214 14/03/2024
GUINNESS CHINA A SHARE FUND CLASS C USD ACC IE0005HP3H50 7.4401 -0.0601 14/03/2024
GUINNESS CHINA A SHARE FUND CLASS I USD ACC IE000IQ9D569 7.524 -0.0605 14/03/2024
GUINNESS CHINA A SHARE FUND CLASS Y GBP ACC IE000I0OL207 7.0293 -0.0293 14/03/2024
GUINNESS CHINA A SHARE FUND CLASS Y EUR ACC IE000RSR0322 7.3034 -0.0215 14/03/2024
GUINNESS CHINA A SHARE FUND CLASS Y CNH ACC IE0002QAMMW4 77.6181 -0.5616 14/03/2024
GUINNESS CHINA A SHARE FUND CLASS Y USD ACC IE000JCEKTR0 7.524 -0.0605 14/03/2024
GUINNESS CHINA A SHARE FUND CLASS Z GBP ACC IE0003ZZUKD7 7.068 -0.0294 14/03/2024
GUINNESS CHINA A SHARE FUND CLASS Z EUR ACC IE0001MJJCX1 7.3435 -0.0214 14/03/2024
GUINNESS CHINA A SHARE FUND CLASS Z USD ACC IE000RSN6JG6 7.5654 -0.0607 14/03/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS D USD DISTRIBUTION IE00B3QG6N78 21.8801 -0.0602 14/03/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS C USD DISTRIBUTION IE00B42XCP33 20.5084 -0.0567 14/03/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS C GBP DISTRIBUTION IE00B3PB1722 25.1926 0.0271 14/03/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS D EUR DISTRIBUTION IE00B66B5L40 27.008 0.0631 14/03/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Z GBP DISTRIBUTION IE00B754QH41 29.759 0.033 14/03/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS C EUR ACCUMULATION IE00BGHQF631 26.6786 0.062 14/03/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS C GBP ACCUMULATION IE00BVYPNV92 24.1116 0.0259 14/03/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS C USD ACCUMULATION IE00BVYPNW00 20.5691 -0.0569 14/03/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Y EUR ACCUMULATION IE00BVYPNZ31 21.8913 0.0514 14/03/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Y EUR DISTRIBUTION IE00BVYPP024 17.3256 0.0406 14/03/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Y GBP ACCUMULATION IE00BVYPNY24 26.3843 0.0291 14/03/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Y GBP DISTRIBUTION IE00BVYPP131 20.9232 0.0231 14/03/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Y USD ACCUMULATION IE00BVYPNX17 22.5095 -0.0616 14/03/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Y USD DISTRIBUTION IE00BVYPP248 17.8097 -0.0487 14/03/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS C EUR DISTRIBUTION IE00BDGV0183 16.4424 0.0381 14/03/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS D EUR ACCUMULATION IE00BDGV0290 20.3196 0.0474 14/03/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS I USD DISTRIBUTION IE00BGK8P991 15.8892 -0.0436 14/03/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS I USD ACCUMULATION IE00BJBK7883 15.1987 -0.0417 14/03/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS C CNH HEDGED DISTR IE000OP91FK6 11.3329 -0.0345 14/03/2024
GUINNESS GLOBAL MONEY MANAGERS FUND CLASS C USD ACCUMULATION IE00B3QW5Z07 23.2331 -0.2904 14/03/2024
GUINNESS GLOBAL MONEY MANAGERS FUND CLASS C GBP ACCUMULATION IE00B64PRP62 28.6317 -0.2469 14/03/2024
GUINNESS GLOBAL MONEY MANAGERS FUND CLASS Y EUR ACCUMULATION IE00B68GW162 31.3983 -0.2302 14/03/2024
GUINNESS GLOBAL MONEY MANAGERS FUND CLASS Y USD ACCUMULATION IE00B3NSFR34 26.1305 -0.3257 14/03/2024
GUINNESS GLOBAL MONEY MANAGERS FUND CLASS Y GBP ACCUMULATION IE00B7MJHM43 34.836 -0.2992 14/03/2024
GUINNESS GLOBAL MONEY MANAGERS FUND CLASS C EUR ACCUMULATION IE00BGHQF748 18.7944 -0.1384 14/03/2024
GUINNESS GLOBAL MONEY MANAGERS FUND CLASS I USD ACCUMULATION IE00BMYPMW02 13.0724 -0.163 14/03/2024
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS C EUR ACCUMULATION IE00BGHQDW50 20.0971 -0.021 14/03/2024
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS Z GBP DISTRIBUTION IE00BGHQF300 17.7219 -0.0399 14/03/2024
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS C GBP ACCUMULATION IE00BVYPNS63 19.838 -0.0455 14/03/2024
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS C USD ACCUMULATION IE00BVYPNT70 16.953 -0.1042 14/03/2024
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS Y GBP ACCUMULATION IE00BYVHVZ98 15.1108 -0.0342 14/03/2024
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS Y GBP DISTRIBUTION IE00BYVHWJ06 12.6088 -0.0285 14/03/2024
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS Y EUR ACCUMULATION IE00BYVHW019 15.7331 -0.0159 14/03/2024
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS Y EUR DISTRIBUTION IE00BYVHW126 13.122 -0.0133 14/03/2024
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS Y USD ACCUMULATION IE00BYVHW233 13.9705 -0.0854 14/03/2024
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS Y USD DISTRIBUTION IE00BYVHW340 11.6212 -0.0711 14/03/2024
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS I USD ACCUMULATION IE00BMYPN382 13.2231 -0.0808 14/03/2024
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS I USD DISTRIBUTION IE00BMYPN499 12.0395 -0.0737 14/03/2024
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS C EUR DISTRIBUTION IE000AHX6WT2 10.5048 -0.0109 14/03/2024
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS C GBP DISTRIBUTION IE000N9K9CQ4 10.559 -0.0242 14/03/2024
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS C USD DISTRIBUTION IE000RAMYLN7 9.649 -0.0593 14/03/2024
GUINNESS ASIAN EQUITY INCOME FUND CLASS C EUR ACCUMULATION IE00BGHQDM52 20.6184 0.0645 14/03/2024
GUINNESS ASIAN EQUITY INCOME FUND CLASS Z GBP DISTRIBUTION IE00BGHQDV44 15.9871 0.0306 14/03/2024
GUINNESS ASIAN EQUITY INCOME FUND CLASS C GBP ACCUMULATION IE00BVYPNP33 17.3062 0.0326 14/03/2024
GUINNESS ASIAN EQUITY INCOME FUND CLASS C USD ACCUMULATION IE00BVYPNQ40 14.7612 -0.0289 14/03/2024
GUINNESS ASIAN EQUITY INCOME FUND CLASS Y EUR ACCUMULATION IE00BDHSRG22 13.6641 0.0432 14/03/2024
GUINNESS ASIAN EQUITY INCOME FUND CLASS Y EUR DISTRIBUTION IE00BDHSRH39 10.4307 0.033 14/03/2024
GUINNESS ASIAN EQUITY INCOME FUND CLASS Y GBP ACCUMULATION IE00BDHSRD90 13.8143 0.0264 14/03/2024
GUINNESS ASIAN EQUITY INCOME FUND CLASS Y GBP DISTRIBUTION IE00BDHSRF15 10.568 0.0202 14/03/2024
GUINNESS ASIAN EQUITY INCOME FUND CLASS Y USD ACCUMULATION IE00BDHSRJ52 13.6171 -0.0262 14/03/2024
GUINNESS ASIAN EQUITY INCOME FUND CLASS Y USD DISTRIBUTION IE00BDHSRK67 10.4024 -0.02 14/03/2024
GUINNESS ASIAN EQUITY INCOME FUND CLASS I USD ACCUMULATION IE00BMYPN051 10.8313 -0.0208 14/03/2024
GUINNESS ASIAN EQUITY INCOME FUND CLASS I USD DISTRIBUTION IE00BMYPN168 9.5331 -0.0184 14/03/2024
GUINNESS GLOBAL INNOVATORS FUND CLASS C GBP ACCUMULATION IE00BQXX3C00 32.5587 0.0355 14/03/2024
GUINNESS GLOBAL INNOVATORS FUND CLASS C EUR ACCUMULATION IE00BQXX3D17 29.8546 0.0699 14/03/2024
GUINNESS GLOBAL INNOVATORS FUND CLASS C USD ACCUMULATION IE00BQXX3F31 25.9451 -0.0713 14/03/2024
GUINNESS GLOBAL INNOVATORS FUND CLASS Y GBP ACCUMULATION IE00BQXX3K83 35.8467 0.0402 14/03/2024
GUINNESS GLOBAL INNOVATORS FUND CLASS Y EUR ACCUMULATION IE00BQXX3L90 32.8339 0.0777 14/03/2024
GUINNESS GLOBAL INNOVATORS FUND CLASS Y USD ACCUMULATION IE00BQXX3M08 28.6425 -0.0778 14/03/2024
GUINNESS GLOBAL INNOVATORS FUND CLASS Z GBP ACCUMULATION IE00BQXX3N15 36.5764 0.0412 14/03/2024
GUINNESS GLOBAL INNOVATORS FUND CLASS Z EUR ACCUMULATION IE00BQXX3P39 33.5245 0.0795 14/03/2024
GUINNESS GLOBAL INNOVATORS FUND CLASS Z USD ACCUMULATION IE00BQXX3Q46 29.1459 -0.0791 14/03/2024
GUINNESS GLOBAL INNOVATORS FUND CLASS I USD ACCUMULATION IE00BMYPNG19 13.7761 -0.0374 14/03/2024
GUINNESS GLOBAL INNOVATORS FUND CLASS C CNH HEDGED DISTR IE000PGA9O74 14.635 -0.0444 14/03/2024
GUINNESS GREATER CHINA FUND CLASS C EUR ACCUMULATION IE00BZ08YS42 11.4593 -0.0284 14/03/2024
GUINNESS GREATER CHINA FUND CLASS C GBP ACCUMULATION IE00BZ08YR35 13.496 -0.0503 14/03/2024
GUINNESS GREATER CHINA FUND CLASS C USD ACCUMULATION IE00BZ08YT58 11.4411 -0.0867 14/03/2024
GUINNESS GREATER CHINA FUND CLASS Y EUR ACCUMULATION IE00BZ08YW87 12.3435 -0.0302 14/03/2024
GUINNESS GREATER CHINA FUND CLASS Y GBP ACCUMULATION IE00BZ08YV70 14.522 -0.0536 14/03/2024
GUINNESS GREATER CHINA FUND CLASS Y USD ACCUMULATION IE00BZ08YX94 12.281 -0.0928 14/03/2024
GUINNESS GREATER CHINA FUND CLASS Z GBP ACCUMULATION IE00BZ08YY02 15.0778 -0.0555 14/03/2024
GUINNESS GREATER CHINA FUND CLASS I USD ACCUMULATION IE00BMYPNC70 7.3846 -0.0559 14/03/2024
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS C USD ACCUMULATION IE00BYV24P56 14.7294 -0.0432 14/03/2024
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS Y GBP ACCUMULATION IE00BYV24Q63 15.2081 0.0142 14/03/2024
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS Y GBP DISTRIBUTION IE00BYV24R70 11.9346 0.0112 14/03/2024
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS Y EUR ACCUMULATION IE00BYV24S87 15.1839 0.0332 14/03/2024
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS Y EUR DISTRIBUTION IE00BYV24T94 11.8968 0.0259 14/03/2024
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS Y USD ACCUMULATION IE00BYV24V17 15.82 -0.046 14/03/2024
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS Y USD DISTRIBUTION IE00BYV24W24 12.4033 -0.0361 14/03/2024
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS Z GBP DISTRIBUTION IE00BYV24X31 12.3709 0.0118 14/03/2024
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS C EUR ACCUMULATION IE00BMCWC346 11.7993 0.0254 14/03/2024
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS C GBP ACCUMULATION IE00BMCWC239 11.109 0.01 14/03/2024
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS I USD ACCUMULATION IE00BMYPND87 10.9533 -0.032 14/03/2024
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS I USD DISTRIBUTION IE00BMYPNF02 9.723 -0.0284 14/03/2024
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS C EUR DISTRIBUTION IE0009746VI0 9.7127 0.0208 14/03/2024
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS C GBP DISTRIBUTION IE000UPHOYQ6 9.7636 0.0087 14/03/2024
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS C USD DISTRIBUTION IE000XFJTUO9 8.9317 -0.0263 14/03/2024
GUINNESS BEST OF ASIA FUND CLASS C GBP ACCUMULATION IE00BF2VFX37 10.389 -0.0103 14/03/2024
GUINNESS BEST OF ASIA FUND CLASS Y GBP ACCUMULATION IE00BF2VFY44 11.0801 -0.011 14/03/2024
GUINNESS BEST OF ASIA FUND CLASS Y EUR ACCUMULATION IE00BF2VFZ50 11.5147 0.0029 14/03/2024
GUINNESS BEST OF ASIA FUND CLASS Y USD ACCUMULATION IE00BF2VG076 10.5129 -0.0509 14/03/2024
GUINNESS BEST OF ASIA FUND CLASS Z GBP ACCUMULATION IE00BF2VG183 11.3078 -0.0111 14/03/2024
GUINNESS BEST OF ASIA FUND CLASS I USD ACCUMULATION IE00BMYPN275 9.1276 -0.0442 14/03/2024
GUINNESS BEST OF ASIA FUND CLASS C EUR ACCUMULATION IE000IYIWG07 8.6831 0.0019 14/03/2024
GUINNESS BEST OF ASIA FUND CLASS C USD ACCUMULATION IE0004NN3YY8 7.9933 -0.039 14/03/2024
GUINNESS MULTI-ASSET GROWTH FUND CLASS C GBP ACCUMULATION IE00BG5QQP10 14.0434 -0.0164 14/03/2024
GUINNESS MULTI-ASSET GROWTH FUND CLASS C EUR ACCUMULATION IE00BG5QQQ27 14.8206 0.0011 14/03/2024
GUINNESS MULTI-ASSET GROWTH FUND CLASS C EUR HEDGED ACC IE00BG5QQR34 11.9924 -0.0156 14/03/2024
GUINNESS MULTI-ASSET GROWTH FUND CLASS C USD ACCUMULATION IE00BG5QQS41 14.1143 -0.0708 14/03/2024
GUINNESS MULTI-ASSET GROWTH FUND CLASS C USD HEDGED ACC IE00BG5QRJ25 12.9616 -0.0152 14/03/2024
GUINNESS MULTI-ASSET GROWTH FUND CLASS O GBP ACCUMULATION IE00BG5QRK30 14.7065 -0.0168 14/03/2024
GUINNESS MULTI-ASSET GROWTH FUND CLASS O EUR ACCUMULATION IE00BG5QRL47 15.5268 0.0015 14/03/2024
GUINNESS MULTI-ASSET GROWTH FUND CLASS O EUR HEDGED ACC IE00BG5QRM53 12.5206 -0.016 14/03/2024
GUINNESS MULTI-ASSET GROWTH FUND CLASS O USD ACCUMULATION IE00BG5QRN60 14.7814 -0.0737 14/03/2024
GUINNESS MULTI-ASSET GROWTH FUND CLASS O USD HEDGED ACC IE00BG5QRP84 13.4795 -0.0155 14/03/2024
GUINNESS MULTI-ASSET GROWTH FUND CLASS R GBP ACCUMULATION IE00BG5QRQ91 13.899 -0.0163 14/03/2024
GUINNESS MULTI-ASSET GROWTH FUND CLASS R EUR ACCUMULATION IE00BG5QRR09 14.6781 0.0011 14/03/2024
GUINNESS MULTI-ASSET GROWTH FUND CLASS R EUR HEDGED ACC IE00BG5QRS16 11.8714 -0.0156 14/03/2024
GUINNESS MULTI-ASSET GROWTH FUND CLASS R USD ACCUMULATION IE00BG5QRT23 13.9582 -0.0701 14/03/2024
GUINNESS MULTI-ASSET GROWTH FUND CLASS R USD HEDGED ACC IE00BG5QRV45 12.8465 -0.0152 14/03/2024
GUINNESS MULTI-ASSET GROWTH FUND CLASS Y GBP ACCUMULATION IE00BG5QRW51 14.9375 -0.017 14/03/2024
GUINNESS MULTI-ASSET BALANCED FUND CLASS C GBP ACCUMULATION IE00BG5QQV79 13.1641 -0.0124 14/03/2024
GUINNESS MULTI-ASSET BALANCED FUND CLASS C EUR ACCUMULATION IE00BG5QQW86 13.8931 0.0041 14/03/2024
GUINNESS MULTI-ASSET BALANCED FUND CLASS C EUR HEDGED ACC IE00BG5QQX93 11.3563 -0.0124 14/03/2024
GUINNESS MULTI-ASSET BALANCED FUND CLASS C USD ACCUMULATION IE00BG5QQY01 13.2304 -0.0634 14/03/2024
GUINNESS MULTI-ASSET BALANCED FUND CLASS C USD HEDGED ACC IE00BG5QQZ18 12.2335 -0.0116 14/03/2024
GUINNESS MULTI-ASSET BALANCED FUND CLASS O GBP ACCUMULATION IE00BG5QR034 13.7862 -0.0127 14/03/2024
GUINNESS MULTI-ASSET BALANCED FUND CLASS O EUR ACCUMULATION IE00BG5QR141 14.5534 0.0047 14/03/2024
GUINNESS MULTI-ASSET BALANCED FUND CLASS O EUR HEDGED ACC IE00BG5QR257 11.8715 -0.0126 14/03/2024
GUINNESS MULTI-ASSET BALANCED FUND CLASS O USD ACCUMULATION IE00BG5QR364 13.8548 -0.066 14/03/2024
GUINNESS MULTI-ASSET BALANCED FUND CLASS O USD HEDGED ACC IE00BG5QR471 12.7858 -0.0119 14/03/2024
GUINNESS MULTI-ASSET BALANCED FUND CLASS R GBP ACCUMULATION IE00BG5QR588 13.026 -0.0123 14/03/2024
GUINNESS MULTI-ASSET BALANCED FUND CLASS R EUR ACCUMULATION IE00BG5QR695 13.7521 0.004 14/03/2024
GUINNESS MULTI-ASSET BALANCED FUND CLASS R EUR HEDGED ACC IE00BG5QR703 11.256 -0.0123 14/03/2024
GUINNESS MULTI-ASSET BALANCED FUND CLASS R USD ACCUMULATION IE00BG5QR810 13.0822 -0.0627 14/03/2024
GUINNESS MULTI-ASSET BALANCED FUND CLASS R USD HEDGED ACC IE00BG5QR927 12.1771 -0.0117 14/03/2024
GUINNESS MULTI-ASSET BALANCED FUND CLASS Y GBP ACCUMULATION IE00BG5QRB49 13.9975 -0.0128 14/03/2024
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND CLASS Z USD ACCUMULATION IE00BN0W3529 12.0343 -0.0755 14/03/2024
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND CLASS Z GBP ACCUMULATION IE00BN0W3305 12.6561 -0.0306 14/03/2024
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND CLASS Z EUR ACCUMULATION IE00BN0W3412 13.4417 -0.0156 14/03/2024
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND CLASS I GBP ACCUMULATION IE00BN0W2X30 12.4954 -0.0305 14/03/2024
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND CLASS I EUR ACCUMULATION IE00BN0W2Y47 13.27 -0.0158 14/03/2024
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND CLASS I USD ACCUMULATION IE00BN0W2Z53 11.8818 -0.0747 14/03/2024
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND CLASS Y GBP ACCUMULATION IE00BN0W3073 12.4941 -0.0304 14/03/2024
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND CLASS Y EUR ACCUMULATION IE00BN0W3180 13.2679 -0.0157 14/03/2024
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND CLASS Y USD ACCUMULATION IE00BN0W3297 11.885 -0.0747 14/03/2024
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND CLASS C GBP ACCUMULATION IE00BN0W2T93 12.0591 -0.0298 14/03/2024
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND CLASS C EUR ACCUMULATION IE00BN0W2V16 12.8059 -0.0156 14/03/2024
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND CLASS C USD ACCUMULATION IE00BN0W2W23 11.4738 -0.0725 14/03/2024
GUINNESS SUSTAINABLE ENERGY FUND CLASS D USD ACCUMULATION IE00B2PGVJ29 4.8479 -0.0793 14/03/2024
GUINNESS SUSTAINABLE ENERGY FUND CLASS C USD ACCUMULATION IE00B2PGVK34 4.4691 -0.0732 14/03/2024
GUINNESS SUSTAINABLE ENERGY FUND CLASS C GBP ACCUMULATION IE00B3CCJ633 8.0932 -0.101 14/03/2024
GUINNESS SUSTAINABLE ENERGY FUND CLASS D EUR ACCUMULATION IE00B3CCJ740 8.3258 -0.0933 14/03/2024
GUINNESS SUSTAINABLE ENERGY FUND CLASS C EUR ACCUMULATION IE00BGHQF417 16.6412 -0.1867 14/03/2024
GUINNESS SUSTAINABLE ENERGY FUND CLASS Y GBP ACCUMULATION IE00BFYV9L73 21.1 -0.2627 14/03/2024
GUINNESS SUSTAINABLE ENERGY FUND CLASS Y EUR ACCUMULATION IE00BFYV9M80 21.8936 -0.2449 14/03/2024
GUINNESS SUSTAINABLE ENERGY FUND CLASS Y USD ACCUMULATION IE00BFYV9N97 19.1588 -0.3131 14/03/2024
GUINNESS SUSTAINABLE ENERGY FUND CLASS I USD ACCUMULATION IE00BMYPNB63 10.1347 -0.1657 14/03/2024
GUINNESS SUSTAINABLE ENERGY FUND CLASS C CNH HEDGED DISTR IE000JUVS7B9 9.055 -0.1513 14/03/2024
GUINNESS GLOBAL ENERGY FUND CLASS D USD ACCUMULATION IE00B2Q91T05 9.553 0.068 14/03/2024
GUINNESS GLOBAL ENERGY FUND CLASS C USD ACCUMULATION IE00B2Q91V27 8.9252 0.0633 14/03/2024
GUINNESS GLOBAL ENERGY FUND CLASS C GBP ACCUMULATION IE00B3CCJ963 12.8881 0.1405 14/03/2024
GUINNESS GLOBAL ENERGY FUND CLASS D EUR ACCUMULATION IE00B3CCJB88 13.2567 0.161 14/03/2024
GUINNESS GLOBAL ENERGY FUND CLASS Y USD ACCUMULATION IE00B3CCJC95 10.3922 0.074 14/03/2024
GUINNESS GLOBAL ENERGY FUND CLASS Y GBP ACCUMULATION IE00B6XV0016 12.6755 0.1385 14/03/2024
GUINNESS GLOBAL ENERGY FUND CLASS C EUR ACCUMULATION IE00BGHQF524 10.3478 0.1256 14/03/2024
GUINNESS GLOBAL ENERGY FUND CLASS Y USD DISTRIBUTION IE00BG6L7638 7.4835 0.0534 14/03/2024
GUINNESS GLOBAL ENERGY FUND CLASS Y EUR ACCUMULATION IE00BFMGVR44 12.0621 0.1467 14/03/2024
GUINNESS GLOBAL ENERGY FUND CLASS I USD ACCUMULATION IE00BMYPN507 20.471 0.1458 14/03/2024
GUINNESS GLOBAL ENERGY FUND CLASS C CNH HEDGED DISTR IE000P8HSFB7 10.5938 0.0723 14/03/2024
WS GUINNESS UK EQUITY INCOME FUND O OVERSEAS ACCUMULATION GB00BYX94F49 96.36 0.27 18/03/2024
WS GUINNESS UK EQUITY INCOME FUND O OVERSEAS INCOME GB00BYX94G55 73.09 0.2 18/03/2024
WS GUINNESS UK EQUITY INCOME FUND Y CLEAN ACCUMULATION GB00BYX94H62 103.73 0.29 18/03/2024
WS GUINNESS UK EQUITY INCOME FUND Y CLEAN INCOME GB00BYX94J86 79.15 0.23 18/03/2024
WS GUINNESS UK EQUITY INCOME FUND Z EARLY INVESTOR ACCUMULATION GB00BYX94K91 105.18 0.3 18/03/2024
WS GUINNESS UK EQUITY INCOME FUND Z EARLY INVESTOR INCOME GB00BYX94L09 80.11 0.23 18/03/2024
WS GUINNESS GLOBAL EQUITY INCOME FUND Y ACCUMULATION GBP GB00BNGFN776 153.89 -1.33 18/03/2024
WS GUINNESS GLOBAL EQUITY INCOME FUND Y INCOME GBP GB00BNGFN669 142.69 -1.24 18/03/2024
WS GUINNESS ASIAN EQUITY INCOME FUND Y ACCUMULATION GBP GB00BMFKG667 103.91 0.32 18/03/2024
WS GUINNESS ASIAN EQUITY INCOME FUND Y INCOME GBP GB00BMFKG774 91.91 0.28 18/03/2024
WS GUINNESS EUROPEAN EQUITY INCOME FUND Y ACCUMULATION GBP GB00BP5J6M04 121.38 -0.75 18/03/2024
WS GUINNESS EUROPEAN EQUITY INCOME FUND Y INCOME GBP GB00BP5J6N11 117.55 -0.72 18/03/2024
WS GUINNESS EUROPEAN EQUITY INCOME FUND Z ACCUMULATION GBP GB00BP5J6P35 122.18 -0.75 18/03/2024
WS GUINNESS EUROPEAN EQUITY INCOME FUND Z INCOME GBP GB00BP5J6Q42 118.42 -0.73 18/03/2024
WS GUINNESS GLOBAL INNOVATORS FUND Y ACCUMULATION GBP GB00BP5J5Y50 146.62 -1.89 18/03/2024
WS GUINNESS SUSTAINABLE ENERGY FUND Y ACCUMULATION GBP GB00BP5J6198 90.23 0.28 18/03/2024
WS GUINNESS SUSTAINABLE ENERGY FUND Z ACCUMULATION GBP GB00BP5J6206 90.42 0.28 18/03/2024
WS GUINNESS SUSTAINABLE GLOBAL EQUITY FUND Z ACCUMULATION GBP GB00BP5J7D87 116.29 -0.64 18/03/2024
WS GUINNESS SUSTAINABLE GLOBAL EQUITY FUND Y ACCUMULATION GBP GB00BP5J7C70 115.59 -0.65 18/03/2024

Guinness Global Energy Fund - Webcast - Covering Q1 2024

Date: April 19, 2024 11:00 AM [BST]Will Riley & Jonathan Waghorn

Energy - An outlook for 2024

Portfolio Manager Jonathan Waghorn looks at what is to come for energy in 2024.

Global Energy - Big Oil and The Energy Transition

How are the major oil & gas companies adapting to the energy transition, and what does this…

Guinness Global Energy Fund - Webcast - Covering Q4 2023

Date: Jan 18, 2024 02:00 PM [GMT]Will Riley & Jonathan Waghorn

Trustnet - The best funds three years on from vaccine Monday

Trustnet looks at where investors would have been best putting their cash since the turning point…

Trustnet - Fund picks for millennials and gen-Z to get started investing

Experts pick their favourite funds for beginner investors in their 20s and 30s.

Guinness Global Energy Fund - Webcast - Covering Q3 2023

Date: Oct 12, 2023 02:00 PM [GMT+1] Will Riley

Guinness Global Energy Fund - Webcast - Covering Q2 2023

Date: Jul 19, 2023 02:00 PM [GMT+1] Will Riley

Guinness Global Energy Fund - Webcast - Covering Q1 2023

Date: Apr 12, 2023 02:00 PM [GMT+1] Jonathan Waghorn & Will Riley

 

WS Guinness Global Energy Fund is an equity fund. Investors should be willing and able to assume the risks of equity investing. The Fund invests only in companies involved in the energy sector; it is therefore susceptible to the performance of that one sector, 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. 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 0.95%. 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. Graph data is in USD from 31.03.08.