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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
April 2024
Document
WS Guinness Global Energy Fund
April 2024
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
April 2024
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

WS Guinness Global Energy Fund - Value Assessment

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 Management (UK) Limited
Custodian
The Bank of New York Mellon (International) Limited
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 100.0177 0.0206 11/04/2024
GUINNESS CHINA RMB INCOME FUND CLASS Y EUR DIST IE000K4N4BW3 9.4902 0.0389 11/04/2024
GUINNESS CHINA RMB INCOME FUND CLASS Y GBP DIST IE000G9JHZF4 9.1434 0.0304 11/04/2024
GUINNESS CHINA RMB INCOME FUND CLASS Y USD DIST IE000FIQDRV0 9.6121 -0.0034 11/04/2024
GUINNESS CHINA RMB INCOME FUND CLASS Z EUR DIST IE0006534FS5 9.5057 0.0391 11/04/2024
GUINNESS CHINA RMB INCOME FUND CLASS Z GBP DIST IE000K9NODM9 9.1597 0.0304 11/04/2024
GUINNESS CHINA RMB INCOME FUND CLASS Z USD DIST IE000BEWEDQ4 9.6289 -0.0034 11/04/2024
GUINNESS CHINA A SHARE FUND CLASS C GBP ACC IE0006BWJJW3 6.6313 0.0538 11/04/2024
GUINNESS CHINA A SHARE FUND CLASS C EUR ACC IE0001VD9PN1 6.8816 0.0612 11/04/2024
GUINNESS CHINA A SHARE FUND CLASS C USD ACC IE0005HP3H50 6.9704 0.0311 11/04/2024
GUINNESS CHINA A SHARE FUND CLASS I USD ACC IE000IQ9D569 7.0548 0.0316 11/04/2024
GUINNESS CHINA A SHARE FUND CLASS Y GBP ACC IE000I0OL207 6.7116 0.0546 11/04/2024
GUINNESS CHINA A SHARE FUND CLASS Y EUR ACC IE000RSR0322 6.9648 0.0622 11/04/2024
GUINNESS CHINA A SHARE FUND CLASS Y CNH ACC IE0002QAMMW4 73.3804 0.3686 11/04/2024
GUINNESS CHINA A SHARE FUND CLASS Y USD ACC IE000JCEKTR0 7.0548 0.0316 11/04/2024
GUINNESS CHINA A SHARE FUND CLASS Z GBP ACC IE0003ZZUKD7 6.7513 0.055 11/04/2024
GUINNESS CHINA A SHARE FUND CLASS Z EUR ACC IE0001MJJCX1 7.0059 0.0626 11/04/2024
GUINNESS CHINA A SHARE FUND CLASS Z USD ACC IE000RSN6JG6 7.0966 0.0319 11/04/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS D USD DISTRIBUTION IE00B3QG6N78 21.2894 -0.037 11/04/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS C USD DISTRIBUTION IE00B42XCP33 19.947 -0.035 11/04/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS C GBP DISTRIBUTION IE00B3PB1722 24.9512 0.0478 11/04/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS D EUR DISTRIBUTION IE00B66B5L40 26.7267 0.073 11/04/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Z GBP DISTRIBUTION IE00B754QH41 29.5 0.0575 11/04/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS C EUR ACCUMULATION IE00BGHQF631 26.3907 0.0718 11/04/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS C GBP ACCUMULATION IE00BVYPNV92 23.8806 0.0457 11/04/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS C USD ACCUMULATION IE00BVYPNW00 20.0061 -0.035 11/04/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Y EUR ACCUMULATION IE00BVYPNZ31 21.6717 0.0595 11/04/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Y EUR DISTRIBUTION IE00BVYPP024 17.1518 0.0471 11/04/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Y GBP ACCUMULATION IE00BVYPNY24 26.1515 0.0508 11/04/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Y GBP DISTRIBUTION IE00BVYPP131 20.7386 0.0403 11/04/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Y USD ACCUMULATION IE00BVYPNX17 21.9101 -0.0378 11/04/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Y USD DISTRIBUTION IE00BVYPP248 17.3355 -0.0299 11/04/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS C EUR DISTRIBUTION IE00BDGV0183 16.265 0.0442 11/04/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS D EUR ACCUMULATION IE00BDGV0290 20.108 0.0549 11/04/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS I USD DISTRIBUTION IE00BGK8P991 15.4636 -0.0267 11/04/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS I USD ACCUMULATION IE00BJBK7883 14.7916 -0.0256 11/04/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS C CNH HEDGED DISTR IE000OP91FK6 11.0044 -0.0228 11/04/2024
GUINNESS GLOBAL MONEY MANAGERS FUND CLASS C USD ACCUMULATION IE00B3QW5Z07 23.6445 0.0338 11/04/2024
GUINNESS GLOBAL MONEY MANAGERS FUND CLASS C GBP ACCUMULATION IE00B64PRP62 29.6716 0.1508 11/04/2024
GUINNESS GLOBAL MONEY MANAGERS FUND CLASS Y EUR ACCUMULATION IE00B68GW162 32.5301 0.1926 11/04/2024
GUINNESS GLOBAL MONEY MANAGERS FUND CLASS Y USD ACCUMULATION IE00B3NSFR34 26.6186 0.0389 11/04/2024
GUINNESS GLOBAL MONEY MANAGERS FUND CLASS Y GBP ACCUMULATION IE00B7MJHM43 36.1358 0.1849 11/04/2024
GUINNESS GLOBAL MONEY MANAGERS FUND CLASS C EUR ACCUMULATION IE00BGHQF748 19.4532 0.1145 11/04/2024
GUINNESS GLOBAL MONEY MANAGERS FUND CLASS I USD ACCUMULATION IE00BMYPMW02 13.3164 0.0194 11/04/2024
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS C EUR ACCUMULATION IE00BGHQDW50 19.8769 -0.0338 11/04/2024
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS Z GBP DISTRIBUTION IE00BGHQF300 17.5712 -0.0433 11/04/2024
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS C GBP ACCUMULATION IE00BVYPNS63 19.6446 -0.0493 11/04/2024
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS C USD ACCUMULATION IE00BVYPNT70 16.4862 -0.1021 11/04/2024
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS Y GBP ACCUMULATION IE00BYVHVZ98 14.9761 -0.0372 11/04/2024
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS Y GBP DISTRIBUTION IE00BYVHWJ06 12.4964 -0.031 11/04/2024
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS Y EUR ACCUMULATION IE00BYVHW019 15.5738 -0.026 11/04/2024
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS Y EUR DISTRIBUTION IE00BYVHW126 12.9892 -0.0217 11/04/2024
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS Y USD ACCUMULATION IE00BYVHW233 13.5972 -0.0838 11/04/2024
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS Y USD DISTRIBUTION IE00BYVHW340 11.3108 -0.0696 11/04/2024
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS I USD ACCUMULATION IE00BMYPN382 12.8699 -0.0793 11/04/2024
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS I USD DISTRIBUTION IE00BMYPN499 11.7182 -0.0722 11/04/2024
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS C EUR DISTRIBUTION IE000AHX6WT2 10.3897 -0.0176 11/04/2024
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS C GBP DISTRIBUTION IE000N9K9CQ4 10.4561 -0.0262 11/04/2024
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS C USD DISTRIBUTION IE000RAMYLN7 9.383 -0.058 11/04/2024
GUINNESS ASIAN EQUITY INCOME FUND CLASS C EUR ACCUMULATION IE00BGHQDM52 20.5982 -0.0899 11/04/2024
GUINNESS ASIAN EQUITY INCOME FUND CLASS Z GBP DISTRIBUTION IE00BGHQDV44 16.0062 -0.0823 11/04/2024
GUINNESS ASIAN EQUITY INCOME FUND CLASS C GBP ACCUMULATION IE00BVYPNP33 17.3103 -0.0896 11/04/2024
GUINNESS ASIAN EQUITY INCOME FUND CLASS C USD ACCUMULATION IE00BVYPNQ40 14.4996 -0.1286 11/04/2024
GUINNESS ASIAN EQUITY INCOME FUND CLASS Y EUR ACCUMULATION IE00BDHSRG22 13.6622 -0.0592 11/04/2024
GUINNESS ASIAN EQUITY INCOME FUND CLASS Y EUR DISTRIBUTION IE00BDHSRH39 10.4292 -0.0452 11/04/2024
GUINNESS ASIAN EQUITY INCOME FUND CLASS Y GBP ACCUMULATION IE00BDHSRD90 13.8292 -0.0712 11/04/2024
GUINNESS ASIAN EQUITY INCOME FUND CLASS Y GBP DISTRIBUTION IE00BDHSRF15 10.5794 -0.0544 11/04/2024
GUINNESS ASIAN EQUITY INCOME FUND CLASS Y USD ACCUMULATION IE00BDHSRJ52 13.387 -0.1183 11/04/2024
GUINNESS ASIAN EQUITY INCOME FUND CLASS Y USD DISTRIBUTION IE00BDHSRK67 10.2266 -0.0904 11/04/2024
GUINNESS ASIAN EQUITY INCOME FUND CLASS I USD ACCUMULATION IE00BMYPN051 10.6473 -0.0941 11/04/2024
GUINNESS ASIAN EQUITY INCOME FUND CLASS I USD DISTRIBUTION IE00BMYPN168 9.3715 -0.0828 11/04/2024
GUINNESS GLOBAL INNOVATORS FUND CLASS C GBP ACCUMULATION IE00BQXX3C00 33.1285 0.3123 11/04/2024
GUINNESS GLOBAL INNOVATORS FUND CLASS C EUR ACCUMULATION IE00BQXX3D17 30.34 0.3103 11/04/2024
GUINNESS GLOBAL INNOVATORS FUND CLASS C USD ACCUMULATION IE00BQXX3F31 25.925 0.1501 11/04/2024
GUINNESS GLOBAL INNOVATORS FUND CLASS Y GBP ACCUMULATION IE00BQXX3K83 36.5033 0.3452 11/04/2024
GUINNESS GLOBAL INNOVATORS FUND CLASS Y EUR ACCUMULATION IE00BQXX3L90 33.3945 0.3425 11/04/2024
GUINNESS GLOBAL INNOVATORS FUND CLASS Y USD ACCUMULATION IE00BQXX3M08 28.6432 0.1666 11/04/2024
GUINNESS GLOBAL INNOVATORS FUND CLASS Z GBP ACCUMULATION IE00BQXX3N15 37.2507 0.3524 11/04/2024
GUINNESS GLOBAL INNOVATORS FUND CLASS Z EUR ACCUMULATION IE00BQXX3P39 34.1009 0.3499 11/04/2024
GUINNESS GLOBAL INNOVATORS FUND CLASS Z USD ACCUMULATION IE00BQXX3Q46 29.15 0.1697 11/04/2024
GUINNESS GLOBAL INNOVATORS FUND CLASS I USD ACCUMULATION IE00BMYPNG19 13.7757 0.0801 11/04/2024
GUINNESS GLOBAL INNOVATORS FUND CLASS C CNH HEDGED DISTR IE000PGA9O74 14.5996 0.0801 11/04/2024
GUINNESS GREATER CHINA FUND CLASS C EUR ACCUMULATION IE00BZ08YS42 11.248 0.0407 11/04/2024
GUINNESS GREATER CHINA FUND CLASS C GBP ACCUMULATION IE00BZ08YR35 13.2633 0.0374 11/04/2024
GUINNESS GREATER CHINA FUND CLASS C USD ACCUMULATION IE00BZ08YT58 11.0419 -0.0093 11/04/2024
GUINNESS GREATER CHINA FUND CLASS Y EUR ACCUMULATION IE00BZ08YW87 12.1261 0.0443 11/04/2024
GUINNESS GREATER CHINA FUND CLASS Y GBP ACCUMULATION IE00BZ08YV70 14.2837 0.0408 11/04/2024
GUINNESS GREATER CHINA FUND CLASS Y USD ACCUMULATION IE00BZ08YX94 11.8625 -0.0097 11/04/2024
GUINNESS GREATER CHINA FUND CLASS Z GBP ACCUMULATION IE00BZ08YY02 14.8365 0.0425 11/04/2024
GUINNESS GREATER CHINA FUND CLASS I USD ACCUMULATION IE00BMYPNC70 7.1328 -0.0059 11/04/2024
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS C USD ACCUMULATION IE00BYV24P56 14.5091 -0.0729 11/04/2024
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS Y GBP ACCUMULATION IE00BYV24Q63 15.2674 -0.0201 11/04/2024
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS Y GBP DISTRIBUTION IE00BYV24R70 11.9812 -0.0157 11/04/2024
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS Y EUR ACCUMULATION IE00BYV24S87 15.2246 -0.0077 11/04/2024
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS Y EUR DISTRIBUTION IE00BYV24T94 11.9285 -0.0061 11/04/2024
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS Y USD ACCUMULATION IE00BYV24V17 15.5964 -0.078 11/04/2024
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS Y USD DISTRIBUTION IE00BYV24W24 12.2279 -0.0612 11/04/2024
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS Z GBP DISTRIBUTION IE00BYV24X31 12.4243 -0.0161 11/04/2024
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS C EUR ACCUMULATION IE00BMCWC346 11.8209 -0.0063 11/04/2024
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS C GBP ACCUMULATION IE00BMCWC239 11.143 -0.015 11/04/2024
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS I USD ACCUMULATION IE00BMYPND87 10.7975 -0.0541 11/04/2024
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS I USD DISTRIBUTION IE00BMYPNF02 9.585 -0.048 11/04/2024
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS C EUR DISTRIBUTION IE0009746VI0 9.7308 -0.0053 11/04/2024
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS C GBP DISTRIBUTION IE000UPHOYQ6 9.7938 -0.0132 11/04/2024
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS C USD DISTRIBUTION IE000XFJTUO9 8.7983 -0.0443 11/04/2024
GUINNESS BEST OF ASIA FUND CLASS C GBP ACCUMULATION IE00BF2VFX37 10.4856 0.0491 11/04/2024
GUINNESS BEST OF ASIA FUND CLASS Y GBP ACCUMULATION IE00BF2VFY44 11.1927 0.0531 11/04/2024
GUINNESS BEST OF ASIA FUND CLASS Y EUR ACCUMULATION IE00BF2VFZ50 11.6174 0.0645 11/04/2024
GUINNESS BEST OF ASIA FUND CLASS Y USD ACCUMULATION IE00BF2VG076 10.4289 0.0113 11/04/2024
GUINNESS BEST OF ASIA FUND CLASS Z GBP ACCUMULATION IE00BF2VG183 11.4274 0.0543 11/04/2024
GUINNESS BEST OF ASIA FUND CLASS I USD ACCUMULATION IE00BMYPN275 9.0549 0.01 11/04/2024
GUINNESS BEST OF ASIA FUND CLASS C EUR ACCUMULATION IE000IYIWG07 8.7534 0.0483 11/04/2024
GUINNESS BEST OF ASIA FUND CLASS C USD ACCUMULATION IE0004NN3YY8 7.9231 0.0085 11/04/2024
GUINNESS MULTI-ASSET GROWTH FUND CLASS C GBP ACCUMULATION IE00BG5QQP10 14.1958 0.0051 11/04/2024
GUINNESS MULTI-ASSET GROWTH FUND CLASS C EUR ACCUMULATION IE00BG5QQQ27 14.9629 0.017 11/04/2024
GUINNESS MULTI-ASSET GROWTH FUND CLASS C EUR HEDGED ACC IE00BG5QQR34 12.109 0.0025 11/04/2024
GUINNESS MULTI-ASSET GROWTH FUND CLASS C USD ACCUMULATION IE00BG5QQS41 14.0112 -0.0464 11/04/2024
GUINNESS MULTI-ASSET GROWTH FUND CLASS C USD HEDGED ACC IE00BG5QRJ25 13.1017 0.0053 11/04/2024
GUINNESS MULTI-ASSET GROWTH FUND CLASS O GBP ACCUMULATION IE00BG5QRK30 14.8775 0.0058 11/04/2024
GUINNESS MULTI-ASSET GROWTH FUND CLASS O EUR ACCUMULATION IE00BG5QRL47 15.6879 0.0182 11/04/2024
GUINNESS MULTI-ASSET GROWTH FUND CLASS O EUR HEDGED ACC IE00BG5QRM53 12.6526 0.003 11/04/2024
GUINNESS MULTI-ASSET GROWTH FUND CLASS O USD ACCUMULATION IE00BG5QRN60 14.6846 -0.0482 11/04/2024
GUINNESS MULTI-ASSET GROWTH FUND CLASS O USD HEDGED ACC IE00BG5QRP84 13.6366 0.0061 11/04/2024
GUINNESS MULTI-ASSET GROWTH FUND CLASS R GBP ACCUMULATION IE00BG5QRQ91 14.0477 0.005 11/04/2024
GUINNESS MULTI-ASSET GROWTH FUND CLASS R EUR ACCUMULATION IE00BG5QRR09 14.8166 0.0165 11/04/2024
GUINNESS MULTI-ASSET GROWTH FUND CLASS R EUR HEDGED ACC IE00BG5QRS16 11.9854 0.0024 11/04/2024
GUINNESS MULTI-ASSET GROWTH FUND CLASS R USD ACCUMULATION IE00BG5QRT23 13.8541 -0.046 11/04/2024
GUINNESS MULTI-ASSET GROWTH FUND CLASS R USD HEDGED ACC IE00BG5QRV45 12.9834 0.0052 11/04/2024
GUINNESS MULTI-ASSET GROWTH FUND CLASS Y GBP ACCUMULATION IE00BG5QRW51 15.1135 0.006 11/04/2024
GUINNESS MULTI-ASSET BALANCED FUND CLASS C GBP ACCUMULATION IE00BG5QQV79 13.314 -0.0015 11/04/2024
GUINNESS MULTI-ASSET BALANCED FUND CLASS C EUR ACCUMULATION IE00BG5QQW86 14.0339 0.0092 11/04/2024
GUINNESS MULTI-ASSET BALANCED FUND CLASS C EUR HEDGED ACC IE00BG5QQX93 11.4732 -0.0032 11/04/2024
GUINNESS MULTI-ASSET BALANCED FUND CLASS C USD ACCUMULATION IE00BG5QQY01 13.1407 -0.0498 11/04/2024
GUINNESS MULTI-ASSET BALANCED FUND CLASS C USD HEDGED ACC IE00BG5QQZ18 12.3721 -0.001 11/04/2024
GUINNESS MULTI-ASSET BALANCED FUND CLASS O GBP ACCUMULATION IE00BG5QR034 13.9539 -0.0012 11/04/2024
GUINNESS MULTI-ASSET BALANCED FUND CLASS O EUR ACCUMULATION IE00BG5QR141 14.7121 0.01 11/04/2024
GUINNESS MULTI-ASSET BALANCED FUND CLASS O EUR HEDGED ACC IE00BG5QR257 12.0029 -0.003 11/04/2024
GUINNESS MULTI-ASSET BALANCED FUND CLASS O USD ACCUMULATION IE00BG5QR364 13.7714 -0.0518 11/04/2024
GUINNESS MULTI-ASSET BALANCED FUND CLASS O USD HEDGED ACC IE00BG5QR471 12.9402 -0.0006 11/04/2024
GUINNESS MULTI-ASSET BALANCED FUND CLASS R GBP ACCUMULATION IE00BG5QR588 13.1723 -0.0016 11/04/2024
GUINNESS MULTI-ASSET BALANCED FUND CLASS R EUR ACCUMULATION IE00BG5QR695 13.8894 0.009 11/04/2024
GUINNESS MULTI-ASSET BALANCED FUND CLASS R EUR HEDGED ACC IE00BG5QR703 11.3702 -0.0031 11/04/2024
GUINNESS MULTI-ASSET BALANCED FUND CLASS R USD ACCUMULATION IE00BG5QR810 12.9915 -0.0493 11/04/2024
GUINNESS MULTI-ASSET BALANCED FUND CLASS R USD HEDGED ACC IE00BG5QR927 12.3133 -0.001 11/04/2024
GUINNESS MULTI-ASSET BALANCED FUND CLASS Y GBP ACCUMULATION IE00BG5QRB49 14.1699 -0.0012 11/04/2024
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND CLASS Z USD ACCUMULATION IE00BN0W3529 11.8601 0.0545 11/04/2024
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND CLASS Z GBP ACCUMULATION IE00BN0W3305 12.701 0.1046 11/04/2024
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND CLASS Z EUR ACCUMULATION IE00BN0W3412 13.4732 0.1216 11/04/2024
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND CLASS I GBP ACCUMULATION IE00BN0W2X30 12.5346 0.1032 11/04/2024
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND CLASS I EUR ACCUMULATION IE00BN0W2Y47 13.2954 0.1201 11/04/2024
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND CLASS I USD ACCUMULATION IE00BN0W2Z53 11.7051 0.0536 11/04/2024
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND CLASS Y GBP ACCUMULATION IE00BN0W3073 12.5333 0.1031 11/04/2024
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND CLASS Y EUR ACCUMULATION IE00BN0W3180 13.2933 0.12 11/04/2024
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND CLASS Y USD ACCUMULATION IE00BN0W3297 11.7081 0.0536 11/04/2024
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND CLASS C GBP ACCUMULATION IE00BN0W2T93 12.0868 0.0991 11/04/2024
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND CLASS C EUR ACCUMULATION IE00BN0W2V16 12.8196 0.1153 11/04/2024
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND CLASS C USD ACCUMULATION IE00BN0W2W23 11.2936 0.0514 11/04/2024
GUINNESS SUSTAINABLE ENERGY FUND CLASS D USD ACCUMULATION IE00B2PGVJ29 4.8466 -0.0033 11/04/2024
GUINNESS SUSTAINABLE ENERGY FUND CLASS C USD ACCUMULATION IE00B2PGVK34 4.4663 -0.003 11/04/2024
GUINNESS SUSTAINABLE ENERGY FUND CLASS C GBP ACCUMULATION IE00B3CCJ633 8.236 0.0246 11/04/2024
GUINNESS SUSTAINABLE ENERGY FUND CLASS D EUR ACCUMULATION IE00B3CCJ740 8.4655 0.0321 11/04/2024
GUINNESS SUSTAINABLE ENERGY FUND CLASS C EUR ACCUMULATION IE00BGHQF417 16.9141 0.064 11/04/2024
GUINNESS SUSTAINABLE ENERGY FUND CLASS Y GBP ACCUMULATION IE00BFYV9L73 21.4921 0.0649 11/04/2024
GUINNESS SUSTAINABLE ENERGY FUND CLASS Y EUR ACCUMULATION IE00BFYV9M80 22.2732 0.0851 11/04/2024
GUINNESS SUSTAINABLE ENERGY FUND CLASS Y USD ACCUMULATION IE00BFYV9N97 19.1643 -0.0124 11/04/2024
GUINNESS SUSTAINABLE ENERGY FUND CLASS I USD ACCUMULATION IE00BMYPNB63 10.1371 -0.0066 11/04/2024
GUINNESS SUSTAINABLE ENERGY FUND CLASS C CNH HEDGED DISTR IE000JUVS7B9 9.032 -0.009 11/04/2024
GUINNESS GLOBAL ENERGY FUND CLASS D USD ACCUMULATION IE00B2Q91T05 10.2605 -0.0731 11/04/2024
GUINNESS GLOBAL ENERGY FUND CLASS C USD ACCUMULATION IE00B2Q91V27 9.5826 -0.0684 11/04/2024
GUINNESS GLOBAL ENERGY FUND CLASS C GBP ACCUMULATION IE00B3CCJ963 14.0904 -0.0486 11/04/2024
GUINNESS GLOBAL ENERGY FUND CLASS D EUR ACCUMULATION IE00B3CCJB88 14.4813 -0.038 11/04/2024
GUINNESS GLOBAL ENERGY FUND CLASS Y USD ACCUMULATION IE00B3CCJC95 11.1661 -0.0794 11/04/2024
GUINNESS GLOBAL ENERGY FUND CLASS Y GBP ACCUMULATION IE00B6XV0016 13.8686 -0.0475 11/04/2024
GUINNESS GLOBAL ENERGY FUND CLASS C EUR ACCUMULATION IE00BGHQF524 11.2993 -0.0299 11/04/2024
GUINNESS GLOBAL ENERGY FUND CLASS Y USD DISTRIBUTION IE00BG6L7638 8.0408 -0.0572 11/04/2024
GUINNESS GLOBAL ENERGY FUND CLASS Y EUR ACCUMULATION IE00BFMGVR44 13.1813 -0.0345 11/04/2024
GUINNESS GLOBAL ENERGY FUND CLASS I USD ACCUMULATION IE00BMYPN507 21.9956 -0.1564 11/04/2024
GUINNESS GLOBAL ENERGY FUND CLASS C CNH HEDGED DISTR IE000P8HSFB7 11.3531 -0.0843 11/04/2024
WS GUINNESS UK EQUITY INCOME FUND O OVERSEAS ACCUMULATION GB00BYX94F49 99.07 0.76 12/04/2024
WS GUINNESS UK EQUITY INCOME FUND O OVERSEAS INCOME GB00BYX94G55 75.16 0.57 12/04/2024
WS GUINNESS UK EQUITY INCOME FUND Y CLEAN ACCUMULATION GB00BYX94H62 106.74 0.82 12/04/2024
WS GUINNESS UK EQUITY INCOME FUND Y CLEAN INCOME GB00BYX94J86 81.44 0.63 12/04/2024
WS GUINNESS UK EQUITY INCOME FUND Z EARLY INVESTOR ACCUMULATION GB00BYX94K91 108.24 0.84 12/04/2024
WS GUINNESS UK EQUITY INCOME FUND Z EARLY INVESTOR INCOME GB00BYX94L09 82.44 0.64 12/04/2024
WS GUINNESS GLOBAL EQUITY INCOME FUND Y ACCUMULATION GBP GB00BNGFN776 154.9 0.72 12/04/2024
WS GUINNESS GLOBAL EQUITY INCOME FUND Y INCOME GBP GB00BNGFN669 142.88 0.66 12/04/2024
WS GUINNESS ASIAN EQUITY INCOME FUND Y ACCUMULATION GBP GB00BMFKG667 103.65 -0.43 12/04/2024
WS GUINNESS ASIAN EQUITY INCOME FUND Y INCOME GBP GB00BMFKG774 91.31 -0.38 12/04/2024
WS GUINNESS EUROPEAN EQUITY INCOME FUND Y ACCUMULATION GBP GB00BP5J6M04 121.15 0.72 12/04/2024
WS GUINNESS EUROPEAN EQUITY INCOME FUND Y INCOME GBP GB00BP5J6N11 116.84 0.7 12/04/2024
WS GUINNESS EUROPEAN EQUITY INCOME FUND Z ACCUMULATION GBP GB00BP5J6P35 122 0.73 12/04/2024
WS GUINNESS EUROPEAN EQUITY INCOME FUND Z INCOME GBP GB00BP5J6Q42 117.76 0.71 12/04/2024
WS GUINNESS GLOBAL INNOVATORS FUND Y ACCUMULATION GBP GB00BP5J5Y50 152.02 1.86 12/04/2024
WS GUINNESS SUSTAINABLE ENERGY FUND Y ACCUMULATION GBP GB00BP5J6198 92.34 0.41 12/04/2024
WS GUINNESS SUSTAINABLE ENERGY FUND Z ACCUMULATION GBP GB00BP5J6206 92.55 0.42 12/04/2024
WS GUINNESS SUSTAINABLE GLOBAL EQUITY FUND Z ACCUMULATION GBP GB00BP5J7D87 117.83 1.48 12/04/2024
WS GUINNESS SUSTAINABLE GLOBAL EQUITY FUND Y ACCUMULATION GBP GB00BP5J7C70 117.08 1.47 12/04/2024

Guinness Global Energy Fund - Webcast - Covering Q1 2024

Date: April 17, 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.