Skip to main content

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

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.

Image
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 'best ideas' 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.

Image
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.

Image
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.
 

Image
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

 

Concentrated 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 portfolio construction, with a fixed number of positions, is designed to 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. Our portfolio is designed to avoid excessive exposure to any 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
October 2024
Document
WS Guinness Global Energy Fund
October 2024
WS Guinness Global Energy Fund
July 2024
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
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

High Conviction Active Asset Management

WS Guinness Investment Funds - Target Market Assessment

WS Guinness Investment Funds – Investor Rights

WS Guinness Global Energy Fund - Reports & Accounts

Guinness Global Energy - Approach to Responsible Investment & ESG

WS Global Energy Fund - Prospectus

WS Guinness Global Energy Fund - Application Form

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.

 

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 100.1103 0.0127 09/10/2024
GUINNESS CHINA RMB INCOME FUND CLASS Y EUR DIST IE000K4N4BW3 9.5084 -0.0244 09/10/2024
GUINNESS CHINA RMB INCOME FUND CLASS Y GBP DIST IE000G9JHZF4 8.9703 -0.0278 09/10/2024
GUINNESS CHINA RMB INCOME FUND CLASS Y USD DIST IE000FIQDRV0 9.8467 -0.0456 09/10/2024
GUINNESS CHINA RMB INCOME FUND CLASS F EUR DISTRIBUTION IE0006534FS5 9.5308 -0.0244 09/10/2024
GUINNESS CHINA RMB INCOME FUND CLASS F GBP DISTRIBUTION IE000K9NODM9 8.9934 -0.0278 09/10/2024
GUINNESS CHINA RMB INCOME FUND CLASS F USD DISTRIBUTION IE000BEWEDQ4 9.8715 -0.0456 09/10/2024
GUINNESS CHINA A SHARE FUND CLASS C GBP ACC IE0006BWJJW3 7.058 -0.4725 09/10/2024
GUINNESS CHINA A SHARE FUND CLASS C EUR ACC IE0001VD9PN1 7.4782 -0.4965 09/10/2024
GUINNESS CHINA A SHARE FUND CLASS C USD ACC IE0005HP3H50 7.7463 -0.5312 09/10/2024
GUINNESS CHINA A SHARE FUND CLASS I USD ACC IE000IQ9D569 7.8828 -0.5403 09/10/2024
GUINNESS CHINA A SHARE FUND CLASS Y GBP ACC IE000I0OL207 7.1816 -0.4805 09/10/2024
GUINNESS CHINA A SHARE FUND CLASS Y EUR ACC IE000RSR0322 7.6099 -0.505 09/10/2024
GUINNESS CHINA A SHARE FUND CLASS Y CNH ACC IE0002QAMMW4 80.1019 -5.0859 09/10/2024
GUINNESS CHINA A SHARE FUND CLASS Y USD ACC IE000JCEKTR0 7.8828 -0.5403 09/10/2024
GUINNESS CHINA A SHARE FUND CLASS F GBP ACCUMULATION IE0003ZZUKD7 7.2434 -0.4846 09/10/2024
GUINNESS CHINA A SHARE FUND CLASS F EUR ACCUMULATION IE0001MJJCX1 7.669 -0.5089 09/10/2024
GUINNESS CHINA A SHARE FUND CLASS F USD ACCUMULATION IE000RSN6JG6 7.9505 -0.5449 09/10/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS D USD DISTRIBUTION IE00B3QG6N78 23.8472 0.169 09/10/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS C USD DISTRIBUTION IE00B42XCP33 22.2883 0.1577 09/10/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS C GBP DISTRIBUTION IE00B3PB1722 26.6994 0.2294 09/10/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS D EUR DISTRIBUTION IE00B66B5L40 29.2776 0.2671 09/10/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Z GBP DISTRIBUTION IE00B754QH41 31.7492 0.2737 09/10/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS C EUR ACCUMULATION IE00BGHQF631 29.1776 0.2658 09/10/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS C GBP ACCUMULATION IE00BVYPNV92 25.8574 0.2221 09/10/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS C USD ACCUMULATION IE00BVYPNW00 22.6198 0.16 09/10/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Y EUR ACCUMULATION IE00BVYPNZ31 24.0791 0.22 09/10/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Y EUR DISTRIBUTION IE00BVYPP024 18.8355 0.1721 09/10/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Y GBP ACCUMULATION IE00BVYPNY24 28.4566 0.2452 09/10/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Y GBP DISTRIBUTION IE00BVYPP131 22.3022 0.1921 09/10/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Y USD ACCUMULATION IE00BVYPNX17 24.8955 0.1768 09/10/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Y USD DISTRIBUTION IE00BVYPP248 19.4667 0.1382 09/10/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS C EUR DISTRIBUTION IE00BDGV0183 17.7731 0.162 09/10/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS D EUR ACCUMULATION IE00BDGV0290 22.2866 0.2034 09/10/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS I USD DISTRIBUTION IE00BGK8P991 17.3456 0.123 09/10/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS I USD ACCUMULATION IE00BJBK7883 16.7887 0.1191 09/10/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS C CNH HEDGED DISTR IE000OP91FK6 12.1344 0.0829 09/10/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Z GBP ACCUMULATION IE000P7D8CD0 10.8677 0.0937 09/10/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Z EUR DISTRIBUTION IE00051OJYP3 11.146 0.1019 09/10/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Z EUR ACCUMULATION IE000RSQ6GD6 11.2039 0.1024 09/10/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Z USD DISTRIBUTION IE000YRPM569 11.4342 0.0812 09/10/2024
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Z USD ACCUMULATION IE0001B1ARB7 11.4914 0.0816 09/10/2024
GUINNESS GLOBAL MONEY MANAGERS FUND CLASS C USD ACCUMULATION IE00B3QW5Z07 26.4384 0.235 09/10/2024
GUINNESS GLOBAL MONEY MANAGERS FUND CLASS C GBP ACCUMULATION IE00B64PRP62 31.7731 0.3306 09/10/2024
GUINNESS GLOBAL MONEY MANAGERS FUND CLASS Y EUR ACCUMULATION IE00B68GW162 35.7889 0.3922 09/10/2024
GUINNESS GLOBAL MONEY MANAGERS FUND CLASS Y USD ACCUMULATION IE00B3NSFR34 29.9486 0.2673 09/10/2024
GUINNESS GLOBAL MONEY MANAGERS FUND CLASS Y GBP ACCUMULATION IE00B7MJHM43 38.9351 0.4064 09/10/2024
GUINNESS GLOBAL MONEY MANAGERS FUND CLASS C EUR ACCUMULATION IE00BGHQF748 21.2701 0.2323 09/10/2024
GUINNESS GLOBAL MONEY MANAGERS FUND CLASS I USD ACCUMULATION IE00BMYPMW02 14.9793 0.1337 09/10/2024
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS C EUR ACCUMULATION IE00BGHQDW50 21.5866 0.1439 09/10/2024
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS F GBP DISTRIBUTION IE00BGHQF300 18.3144 0.1133 09/10/2024
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS C GBP ACCUMULATION IE00BVYPNS63 20.8938 0.1283 09/10/2024
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS C USD ACCUMULATION IE00BVYPNT70 18.3098 0.0846 09/10/2024
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS Y GBP ACCUMULATION IE00BYVHVZ98 16.0154 0.0989 09/10/2024
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS Y GBP DISTRIBUTION IE00BYVHWJ06 12.9899 0.0802 09/10/2024
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS Y EUR ACCUMULATION IE00BYVHW019 17.0056 0.1139 09/10/2024
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS Y EUR DISTRIBUTION IE00BYVHW126 13.7897 0.0923 09/10/2024
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS Y USD ACCUMULATION IE00BYVHW233 15.1837 0.0706 09/10/2024
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS Y USD DISTRIBUTION IE00BYVHW340 12.277 0.0571 09/10/2024
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS I USD ACCUMULATION IE00BMYPN382 14.374 0.067 09/10/2024
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS I USD DISTRIBUTION IE00BMYPN499 12.7208 0.0593 09/10/2024
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS C EUR DISTRIBUTION IE000AHX6WT2 10.9695 0.0731 09/10/2024
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS C GBP DISTRIBUTION IE000N9K9CQ4 10.8095 0.0664 09/10/2024
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS C USD DISTRIBUTION IE000RAMYLN7 10.1271 0.0468 09/10/2024
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS F GBP ACCUMULATION IE000YNWUZY0 10.6102 0.0657 09/10/2024
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS F EUR ACCUMULATION IE000A0PQ631 10.942 0.075 09/10/2024
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS F EUR DISTRIBUTION IE000IUDXQX3 10.6977 0.0715 09/10/2024
GUINNESS ASIAN EQUITY INCOME FUND CLASS C EUR ACCUMULATION IE00BGHQDM52 23.1142 -0.255 09/10/2024
GUINNESS ASIAN EQUITY INCOME FUND CLASS Z GBP DISTRIBUTION IE00BGHQDV44 17.3983 -0.2006 09/10/2024
GUINNESS ASIAN EQUITY INCOME FUND CLASS C GBP ACCUMULATION IE00BVYPNP33 19.0237 -0.22 09/10/2024
GUINNESS ASIAN EQUITY INCOME FUND CLASS C USD ACCUMULATION IE00BVYPNQ40 16.6392 -0.2182 09/10/2024
GUINNESS ASIAN EQUITY INCOME FUND CLASS Y EUR ACCUMULATION IE00BDHSRG22 15.4146 -0.1696 09/10/2024
GUINNESS ASIAN EQUITY INCOME FUND CLASS Y EUR DISTRIBUTION IE00BDHSRH39 11.5682 -0.1272 09/10/2024
GUINNESS ASIAN EQUITY INCOME FUND CLASS Y GBP ACCUMULATION IE00BDHSRD90 15.281 -0.1762 09/10/2024
GUINNESS ASIAN EQUITY INCOME FUND CLASS Y GBP DISTRIBUTION IE00BDHSRF15 11.491 -0.1325 09/10/2024
GUINNESS ASIAN EQUITY INCOME FUND CLASS Y USD ACCUMULATION IE00BDHSRJ52 15.4463 -0.202 09/10/2024
GUINNESS ASIAN EQUITY INCOME FUND CLASS Y USD DISTRIBUTION IE00BDHSRK67 11.5988 -0.1517 09/10/2024
GUINNESS ASIAN EQUITY INCOME FUND CLASS I USD ACCUMULATION IE00BMYPN051 12.2824 -0.1606 09/10/2024
GUINNESS ASIAN EQUITY INCOME FUND CLASS I USD DISTRIBUTION IE00BMYPN168 10.6269 -0.139 09/10/2024
GUINNESS ASIAN EQUITY INCOME FUND CLASS Z GBP ACCUMULATION IE000658NZ19 11.237 -0.13 09/10/2024
GUINNESS ASIAN EQUITY INCOME FUND CLASS Z EUR DISTRIBUTION IE000KN6J1X6 11.455 -0.1276 09/10/2024
GUINNESS ASIAN EQUITY INCOME FUND CLASS Z EUR ACCUMULATION IE000UNWB7K2 11.58 -0.128 09/10/2024
GUINNESS ASIAN EQUITY INCOME FUND CLASS Z USD DISTRIBUTION IE0007D42DP3 11.7666 -0.1533 09/10/2024
GUINNESS ASIAN EQUITY INCOME FUND CLASS Z USD ACCUMULATION IE000D23O9K2 11.896 -0.155 09/10/2024
GUINNESS GLOBAL INNOVATORS FUND CLASS C GBP ACCUMULATION IE00BQXX3C00 34.2604 0.214 09/10/2024
GUINNESS GLOBAL INNOVATORS FUND CLASS C EUR ACCUMULATION IE00BQXX3D17 32.038 0.2169 09/10/2024
GUINNESS GLOBAL INNOVATORS FUND CLASS C USD ACCUMULATION IE00BQXX3F31 27.9961 0.1324 09/10/2024
GUINNESS GLOBAL INNOVATORS FUND CLASS Y GBP ACCUMULATION IE00BQXX3K83 37.9463 0.2382 09/10/2024
GUINNESS GLOBAL INNOVATORS FUND CLASS Y EUR ACCUMULATION IE00BQXX3L90 35.4464 0.241 09/10/2024
GUINNESS GLOBAL INNOVATORS FUND CLASS Y USD ACCUMULATION IE00BQXX3M08 31.0918 0.1478 09/10/2024
GUINNESS GLOBAL INNOVATORS FUND CLASS Z GBP ACCUMULATION IE00BQXX3N15 38.7519 0.2434 09/10/2024
GUINNESS GLOBAL INNOVATORS FUND CLASS Z EUR ACCUMULATION IE00BQXX3P39 36.223 0.2464 09/10/2024
GUINNESS GLOBAL INNOVATORS FUND CLASS Z USD ACCUMULATION IE00BQXX3Q46 31.6654 0.1507 09/10/2024
GUINNESS GLOBAL INNOVATORS FUND CLASS I USD ACCUMULATION IE00BMYPNG19 14.9477 0.071 09/10/2024
GUINNESS GLOBAL INNOVATORS FUND CLASS C CNH HEDGED DISTR IE000PGA9O74 15.5456 0.0706 09/10/2024
GUINNESS GREATER CHINA FUND CLASS C EUR ACCUMULATION IE00BZ08YS42 12.408 -0.5639 09/10/2024
GUINNESS GREATER CHINA FUND CLASS C GBP ACCUMULATION IE00BZ08YR35 14.329 -0.6592 09/10/2024
GUINNESS GREATER CHINA FUND CLASS C USD ACCUMULATION IE00BZ08YT58 12.4565 -0.5929 09/10/2024
GUINNESS GREATER CHINA FUND CLASS Y EUR ACCUMULATION IE00BZ08YW87 13.4496 -0.6109 09/10/2024
GUINNESS GREATER CHINA FUND CLASS Y GBP ACCUMULATION IE00BZ08YV70 15.5155 -0.7132 09/10/2024
GUINNESS GREATER CHINA FUND CLASS Y USD ACCUMULATION IE00BZ08YX94 13.4552 -0.6401 09/10/2024
GUINNESS GREATER CHINA FUND CLASS F GBP ACCUMULATION IE00BZ08YY02 16.1592 -0.7425 09/10/2024
GUINNESS GREATER CHINA FUND CLASS I USD ACCUMULATION IE00BMYPNC70 8.0882 -0.3848 09/10/2024
GUINNESS GREATER CHINA FUND CLASS F EUR ACCUMULATION IE000PL4LIL5 11.449 -0.52 09/10/2024
GUINNESS GREATER CHINA FUND CLASS F USD ACCUMULATION IE000KYOJNN5 11.776 -0.56 09/10/2024
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS C USD ACCUMULATION IE00BYV24P56 16.2686 -0.3123 09/10/2024
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS Y GBP ACCUMULATION IE00BYV24Q63 16.4835 -0.2903 09/10/2024
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS Y GBP DISTRIBUTION IE00BYV24R70 12.7027 -0.2237 09/10/2024
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS Y EUR ACCUMULATION IE00BYV24S87 16.7838 -0.2866 09/10/2024
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS Y EUR DISTRIBUTION IE00BYV24T94 12.9151 -0.2205 09/10/2024
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS Y USD ACCUMULATION IE00BYV24V17 17.5825 -0.337 09/10/2024
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS Y USD DISTRIBUTION IE00BYV24W24 13.5377 -0.2594 09/10/2024
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS F GBP DISTRIBUTION IE00BYV24X31 13.2079 -0.2324 09/10/2024
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS C EUR ACCUMULATION IE00BMCWC346 12.9608 -0.2217 09/10/2024
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS C GBP ACCUMULATION IE00BMCWC239 11.9653 -0.211 09/10/2024
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS I USD ACCUMULATION IE00BMYPND87 12.1698 -0.2333 09/10/2024
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS I USD DISTRIBUTION IE00BMYPNF02 10.6089 -0.2034 09/10/2024
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS C EUR DISTRIBUTION IE0009746VI0 10.4789 -0.1793 09/10/2024
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS C GBP DISTRIBUTION IE000UPHOYQ6 10.3259 -0.1824 09/10/2024
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS C USD DISTRIBUTION IE000XFJTUO9 9.6885 -0.186 09/10/2024
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS F GBP ACCUMULATION IE000S23Y5E4 10.923 -0.194 09/10/2024
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS F EUR ACCUMULATION IE000PRGIAG7 11.271 -0.192 09/10/2024
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS F EUR DISTRIBUTION IE000EYWH6W0 11.1494 -0.1899 09/10/2024
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS F USD ACCUMULATION IE000STEY2E9 11.582 -0.223 09/10/2024
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS F USD DISTRIBUTION IE0002MGLE49 11.456 -0.2206 09/10/2024
GUINNESS BEST OF ASIA FUND CLASS C GBP ACCUMULATION IE00BF2VFX37 11.4811 -0.1645 09/10/2024
GUINNESS BEST OF ASIA FUND CLASS Y GBP ACCUMULATION IE00BF2VFY44 12.3198 -0.176 09/10/2024
GUINNESS BEST OF ASIA FUND CLASS Y EUR ACCUMULATION IE00BF2VFZ50 13.0581 -0.1797 09/10/2024
GUINNESS BEST OF ASIA FUND CLASS Y USD ACCUMULATION IE00BF2VG076 11.9866 -0.1899 09/10/2024
GUINNESS BEST OF ASIA FUND CLASS F GBP ACCUMULATION IE00BF2VG183 12.6118 -0.18 09/10/2024
GUINNESS BEST OF ASIA FUND CLASS I USD ACCUMULATION IE00BMYPN275 10.4089 -0.1648 09/10/2024
GUINNESS BEST OF ASIA FUND CLASS C EUR ACCUMULATION IE000IYIWG07 9.7851 -0.1348 09/10/2024
GUINNESS BEST OF ASIA FUND CLASS C USD ACCUMULATION IE0004NN3YY8 9.0598 -0.1437 09/10/2024
GUINNESS BEST OF ASIA FUND CLASS F EUR ACCUMULATION IE000IPJNIR0 11.775 -0.163 09/10/2024
GUINNESS BEST OF ASIA FUND CLASS F USD ACCUMULATION IE0006E14U67 12.113 -0.192 09/10/2024
GUINNESS MULTI-ASSET GROWTH FUND CLASS C GBP ACCUMULATION IE00BG5QQP10 14.8386 0.0455 09/10/2024
GUINNESS MULTI-ASSET GROWTH FUND CLASS C EUR ACCUMULATION IE00BG5QQQ27 15.9705 0.0575 09/10/2024
GUINNESS MULTI-ASSET GROWTH FUND CLASS C EUR HEDGED ACC IE00BG5QQR34 12.5779 0.0377 09/10/2024
GUINNESS MULTI-ASSET GROWTH FUND CLASS C USD ACCUMULATION IE00BG5QQS41 15.2931 0.0235 09/10/2024
GUINNESS MULTI-ASSET GROWTH FUND CLASS C USD HEDGED ACC IE00BG5QRJ25 13.7136 0.0416 09/10/2024
GUINNESS MULTI-ASSET GROWTH FUND CLASS O GBP ACCUMULATION IE00BG5QRK30 15.6282 0.0482 09/10/2024
GUINNESS MULTI-ASSET GROWTH FUND CLASS O EUR ACCUMULATION IE00BG5QRL47 16.8275 0.0611 09/10/2024
GUINNESS MULTI-ASSET GROWTH FUND CLASS O EUR HEDGED ACC IE00BG5QRM53 13.2102 0.04 09/10/2024
GUINNESS MULTI-ASSET GROWTH FUND CLASS O USD ACCUMULATION IE00BG5QRN60 16.1076 0.0252 09/10/2024
GUINNESS MULTI-ASSET GROWTH FUND CLASS O USD HEDGED ACC IE00BG5QRP84 14.3489 0.0441 09/10/2024
GUINNESS MULTI-ASSET GROWTH FUND CLASS R GBP ACCUMULATION IE00BG5QRQ91 14.6692 0.0448 09/10/2024
GUINNESS MULTI-ASSET GROWTH FUND CLASS R EUR ACCUMULATION IE00BG5QRR09 15.7993 0.0569 09/10/2024
GUINNESS MULTI-ASSET GROWTH FUND CLASS R EUR HEDGED ACC IE00BG5QRS16 12.4372 0.0373 09/10/2024
GUINNESS MULTI-ASSET GROWTH FUND CLASS R USD ACCUMULATION IE00BG5QRT23 15.1067 0.0231 09/10/2024
GUINNESS MULTI-ASSET GROWTH FUND CLASS R USD HEDGED ACC IE00BG5QRV45 13.5763 0.0411 09/10/2024
GUINNESS MULTI-ASSET GROWTH FUND CLASS Y GBP ACCUMULATION IE00BG5QRW51 15.8918 0.0491 09/10/2024
GUINNESS MULTI-ASSET BALANCED FUND CLASS C GBP ACCUMULATION IE00BG5QQV79 13.8097 0.0397 09/10/2024
GUINNESS MULTI-ASSET BALANCED FUND CLASS C EUR ACCUMULATION IE00BG5QQW86 14.8638 0.0507 09/10/2024
GUINNESS MULTI-ASSET BALANCED FUND CLASS C EUR HEDGED ACC IE00BG5QQX93 11.8211 0.0332 09/10/2024
GUINNESS MULTI-ASSET BALANCED FUND CLASS C USD ACCUMULATION IE00BG5QQY01 14.2325 0.0191 09/10/2024
GUINNESS MULTI-ASSET BALANCED FUND CLASS C USD HEDGED ACC IE00BG5QQZ18 12.8426 0.0365 09/10/2024
GUINNESS MULTI-ASSET BALANCED FUND CLASS O GBP ACCUMULATION IE00BG5QR034 14.5451 0.0421 09/10/2024
GUINNESS MULTI-ASSET BALANCED FUND CLASS O EUR ACCUMULATION IE00BG5QR141 15.6594 0.0538 09/10/2024
GUINNESS MULTI-ASSET BALANCED FUND CLASS O EUR HEDGED ACC IE00BG5QR257 12.4283 0.0352 09/10/2024
GUINNESS MULTI-ASSET BALANCED FUND CLASS O USD ACCUMULATION IE00BG5QR364 14.9896 0.0206 09/10/2024
GUINNESS MULTI-ASSET BALANCED FUND CLASS O USD HEDGED ACC IE00BG5QR471 13.5016 0.0388 09/10/2024
GUINNESS MULTI-ASSET BALANCED FUND CLASS R GBP ACCUMULATION IE00BG5QR588 13.6492 0.0391 09/10/2024
GUINNESS MULTI-ASSET BALANCED FUND CLASS R EUR ACCUMULATION IE00BG5QR695 14.6963 0.05 09/10/2024
GUINNESS MULTI-ASSET BALANCED FUND CLASS R EUR HEDGED ACC IE00BG5QR703 11.7036 0.0328 09/10/2024
GUINNESS MULTI-ASSET BALANCED FUND CLASS R USD ACCUMULATION IE00BG5QR810 14.057 0.0188 09/10/2024
GUINNESS MULTI-ASSET BALANCED FUND CLASS R USD HEDGED ACC IE00BG5QR927 12.7683 0.0363 09/10/2024
GUINNESS MULTI-ASSET BALANCED FUND CLASS Y GBP ACCUMULATION IE00BG5QRB49 14.7849 0.0429 09/10/2024
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND CLASS F USD ACCUMULATION IE00BN0W3529 12.7882 0.0912 09/10/2024
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND CLASS F GBP ACCUMULATION IE00BN0W3305 13.1154 0.1134 09/10/2024
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND CLASS F EUR ACCUMULATION IE00BN0W3412 14.2107 0.1304 09/10/2024
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND CLASS I GBP ACCUMULATION IE00BN0W2X30 12.9091 0.1115 09/10/2024
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND CLASS I EUR ACCUMULATION IE00BN0W2Y47 13.979 0.1278 09/10/2024
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND CLASS I USD ACCUMULATION IE00BN0W2Z53 12.5883 0.0896 09/10/2024
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND CLASS Y GBP ACCUMULATION IE00BN0W3073 12.9077 0.1115 09/10/2024
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND CLASS Y EUR ACCUMULATION IE00BN0W3180 13.979 0.1279 09/10/2024
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND CLASS Y USD ACCUMULATION IE00BN0W3297 12.591 0.0896 09/10/2024
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND CLASS C GBP ACCUMULATION IE00BN0W2T93 12.3803 0.1065 09/10/2024
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND CLASS C EUR ACCUMULATION IE00BN0W2V16 13.4077 0.1223 09/10/2024
GUINNESS SUSTAINABLE GLOBAL EQUITY FUND CLASS C USD ACCUMULATION IE00BN0W2W23 12.0792 0.0855 09/10/2024
GUINNESS SUSTAINABLE ENERGY FUND CLASS D USD ACCUMULATION IE00B2PGVJ29 5.1304 0.0322 09/10/2024
GUINNESS SUSTAINABLE ENERGY FUND CLASS C USD ACCUMULATION IE00B2PGVK34 4.7161 0.0295 09/10/2024
GUINNESS SUSTAINABLE ENERGY FUND CLASS C GBP ACCUMULATION IE00B3CCJ633 8.3284 0.0648 09/10/2024
GUINNESS SUSTAINABLE ENERGY FUND CLASS D EUR ACCUMULATION IE00B3CCJ740 8.7627 0.0728 09/10/2024
GUINNESS SUSTAINABLE ENERGY FUND CLASS C EUR ACCUMULATION IE00BGHQF417 17.4646 0.1449 09/10/2024
GUINNESS SUSTAINABLE ENERGY FUND CLASS Y GBP ACCUMULATION IE00BFYV9L73 21.8637 0.1707 09/10/2024
GUINNESS SUSTAINABLE ENERGY FUND CLASS Y EUR ACCUMULATION IE00BFYV9M80 23.136 0.1927 09/10/2024
GUINNESS SUSTAINABLE ENERGY FUND CLASS Y USD ACCUMULATION IE00BFYV9N97 20.3575 0.128 09/10/2024
GUINNESS SUSTAINABLE ENERGY FUND CLASS I USD ACCUMULATION IE00BMYPNB63 10.7652 0.0677 09/10/2024
GUINNESS SUSTAINABLE ENERGY FUND CLASS C CNH HEDGED DISTR IE000JUVS7B9 9.4019 0.0574 09/10/2024
GUINNESS GLOBAL ENERGY FUND CLASS D USD ACCUMULATION IE00B2Q91T05 9.6328 0.0089 09/10/2024
GUINNESS GLOBAL ENERGY FUND CLASS C USD ACCUMULATION IE00B2Q91V27 8.9741 0.0081 09/10/2024
GUINNESS GLOBAL ENERGY FUND CLASS C GBP ACCUMULATION IE00B3CCJ963 12.637 0.0308 09/10/2024
GUINNESS GLOBAL ENERGY FUND CLASS D EUR ACCUMULATION IE00B3CCJB88 13.2942 0.0395 09/10/2024
GUINNESS GLOBAL ENERGY FUND CLASS Y USD ACCUMULATION IE00B3CCJC95 10.509 0.0099 09/10/2024
GUINNESS GLOBAL ENERGY FUND CLASS Y GBP ACCUMULATION IE00B6XV0016 12.4998 0.0308 09/10/2024
GUINNESS GLOBAL ENERGY FUND CLASS C EUR ACCUMULATION IE00BGHQF524 10.3475 0.0307 09/10/2024
GUINNESS GLOBAL ENERGY FUND CLASS Y USD DISTRIBUTION IE00BG6L7638 7.5676 0.0071 09/10/2024
GUINNESS GLOBAL ENERGY FUND CLASS Y EUR ACCUMULATION IE00BFMGVR44 12.1308 0.0363 09/10/2024
GUINNESS GLOBAL ENERGY FUND CLASS I USD ACCUMULATION IE00BMYPN507 20.7011 0.0194 09/10/2024
GUINNESS GLOBAL ENERGY FUND CLASS C CNH HEDGED DISTR IE000P8HSFB7 10.4925 0.0062 09/10/2024
WS GUINNESS UK EQUITY INCOME FUND O OVERSEAS ACCUMULATION GB00BYX94F49 103.3 -0.72 10/10/2024
WS GUINNESS UK EQUITY INCOME FUND O OVERSEAS INCOME GB00BYX94G55 76.99 -0.54 10/10/2024
WS GUINNESS UK EQUITY INCOME FUND Y CLEAN ACCUMULATION GB00BYX94H62 111.86 -0.78 10/10/2024
WS GUINNESS UK EQUITY INCOME FUND Y CLEAN INCOME GB00BYX94J86 83.85 -0.58 10/10/2024
WS GUINNESS UK EQUITY INCOME FUND Z EARLY INVESTOR ACCUMULATION GB00BYX94K91 113.55 -0.79 10/10/2024
WS GUINNESS UK EQUITY INCOME FUND Z EARLY INVESTOR INCOME GB00BYX94L09 84.96 -0.6 10/10/2024
WS GUINNESS GLOBAL EQUITY INCOME FUND Y ACCUMULATION GBP GB00BNGFN776 168.11 0.62 10/10/2024
WS GUINNESS GLOBAL EQUITY INCOME FUND Y INCOME GBP GB00BNGFN669 153.1 0.56 10/10/2024
WS GUINNESS ASIAN EQUITY INCOME FUND Y ACCUMULATION GBP GB00BMFKG667 116.52 1.13 10/10/2024
WS GUINNESS ASIAN EQUITY INCOME FUND Y INCOME GBP GB00BMFKG774 99.51 0.96 10/10/2024
WS GUINNESS EUROPEAN EQUITY INCOME FUND Y ACCUMULATION GBP GB00BP5J6M04 126.88 -0.85 10/10/2024
WS GUINNESS EUROPEAN EQUITY INCOME FUND Y INCOME GBP GB00BP5J6N11 119.77 -0.8 10/10/2024
WS GUINNESS EUROPEAN EQUITY INCOME FUND F ACCUMULATION GBP GB00BP5J6P35 128.11 -0.85 10/10/2024
WS GUINNESS EUROPEAN EQUITY INCOME FUND F INCOME GBP GB00BP5J6Q42 121.1 -0.81 10/10/2024
WS GUINNESS GLOBAL INNOVATORS FUND Y ACCUMULATION GBP GB00BP5J5Y50 158.43 1.15 10/10/2024
WS GUINNESS SUSTAINABLE ENERGY FUND Y ACCUMULATION GBP GB00BP5J6198 93.34 0.21 10/10/2024
WS GUINNESS SUSTAINABLE ENERGY FUND Z ACCUMULATION GBP GB00BP5J6206 93.63 0.21 10/10/2024
WS GUINNESS SUSTAINABLE GLOBAL EQUITY FUND F ACCUMULATION GBP GB00BP5J7D87 120.54 0.56 10/10/2024
WS GUINNESS SUSTAINABLE GLOBAL EQUITY FUND Y ACCUMULATION GBP GB00BP5J7C70 119.43 0.56 10/10/2024
WS GUINNESS GLOBAL EQUITY INCOME FUND Z ACCUMULATION GBP GB00BLGT0N04 104.75 0.38 10/10/2024
WS GUINNESS GLOBAL EQUITY INCOME FUND Z INCOME GBP GB00BLGT0P28 104.28 0.38 10/10/2024
WS GUINNESS ASIAN EQUITY INCOME FUND Z ACCUMULATION GBP GB00BLGT0Q35 107.2 1.03 10/10/2024
WS GUINNESS ASIAN EQUITY INCOME FUND Z INCOME GBP GB00BLGT0R42 106.18 1.02 10/10/2024
WS GUINNESS GLOBAL INNOVATORS FUND Z ACCUMULATION GBP GB00BLGT0S58 100.33 0.73 10/10/2024
WS GUINNESS GLOBAL ENERGY FUND I ACCUMULATION GB00B56FW078 49.18 0.27 10/10/2024

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

Investment Week reveals finalists for Fund Manager of the Year Awards 2023

Global Equity Income Fund and Global Energy Fund shortlisted for industry awards.

Guinness Global Energy Fund - Webcast - Covering Q4 2022

Date: Jan 12, 2023 02:00 PM [GMT+0] Jonathan Waghorn & Will Riley

Tim Guinness on Citywire Funds Fanatic podcast: asset management through boom and bust

Founder and Chairman, Tim Guinness discussed founding (at least) two asset managers, the evolving…

Guinness Global Energy Fund - Webcast - Covering Q3 2022

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

Fidelity Podcast: Are energy price rises here to stay?

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

Guinness Global Energy Fund - Webcast - Covering Q2 2022

Date: JUL 21, 2022 11:00 AM [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. Past performance does not predict future returns.

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 [get_ocf_isin]. 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.