Equity Income
WS Guinness UK Equity Income
Overview
The WS Guinness UK Equity Income Fund is designed to provide income and capital growth by primarily investing in UK companies that can pay sustainable, growing dividends.
History shows that dividend-paying companies outperform in the long term and that dividend growers outperform even more. Dividend-paying companies can also protect against inflation over the long term.
The WS Guinness UK Equity Income Fund is designed to capture this dynamic by investing in UK companies that can pay sustainable, growing dividends.
In addition to the compounding effect, part of the reason for this lies in the nature of dividend-paying companies. First, a history of paying a dividend, which unlike many accounting figures is a 'hard' cash payment, can indicate past value creation by a company. Moreover, a long history of paying dividends can instil capital discipline in company management.
A commitment to a dividend leaves no room for vanity projects or frivolous uses of shareholders' capital. A focused management team that uses the cash available to them efficiently is central to creating a well-run, profitable company that is able to grow and thrive.
The Fund aims to achieve a yield in excess of the FTSE All Share yield on a rolling three-year basis and at least 90% of that yield on an annual basis.
- Focus on return on capital – The Fund invests in companies that consistently generate high returns above their cost of capital.
- Growth and income – Companies that sustainably grow their dividend into the future, rather than those with the highest dividend yield, offer the best route to long-term dividend income.
- High conviction – The Fund's broadly equally weighted portfolio is designed to balance the benefits of diversification with the ability of each holding to contribute meaningfully to performance. This structure results in a portfolio that is truly differentiated from the benchmark index.
- Low turnover – A typical holding period of an individual company is between three and five years. By investing for the long term the costs of trading in and out of securities are reduced.
The WS Guinness UK Equity Income Fund could be suitable for investors that are looking for the combination of growth and income that dividend-paying equities offer.
Fund Facts
- Launch Date
- 22.12.2016
- Fund Managers (start date)
- Tim Guinness (30.06.2021)
- Benchmark
- MSCI United Kingdom All Cap
- IA Sector
- IA UK Equity Income
- ISIN
- GB00BYX94J86
- SEDOL
- BYX94J8
- BLOOMBERG
- TBGEIYI LN
- Underlying currency
- GBP
- Pricing
- Single Swing
- Valuation
- 12:00 UK time
- Administrator
- Waystone Management (UK) Limited
- UK Reporting Fund Status
- Yes
- ISA Eligible
- Yes
0.70%
None
Fund Registration
Please click on each country to see share class availability
Performance
Income
Distribution frequency
Semi-Annually
Distribution history
2026
Interim
Total paid this fund financial year
0.0151 GBP
Source: Guinness Global Investors. Distribution is per share.
Portfolio
Top 10 Holdings
As at 28 Aug 2026
Source: Guinness Global Investors. Holdings and exposures may be subject to change
Top 10 Holdings
As at 28 Aug 2026
Source: Guinness Global Investors. Holdings and exposures may be subject to change
Literature
Ready to invest in this fund?
Choose to invest online through a platform or apply directly using an application form.