Skip to main content

WS Guinness UK Equity Income Fund

The WS Guinness UK Equity Income strategy is designed to provide income and capital growth by investing in companies that can pay sustainable, growing dividends.  The WS Guinness UK Equity Income strategy is designed to provide income and capital growth by investing in companies that can pay sustainable, growing dividends.

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.

The Fund provides exposure to UK dividend-paying companies. We believe that dividend payers outperform in the long term and dividend growers outperform even more. Dividend-paying companies can protect against inflation over the long term. 

The effect of dividends is apparent when comparing historic long-term returns of stocks which pay dividends with those that have not. Not only have dividend-payers outperformed on average, but dividend-growers and initiators have outperformed further still.

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 (and profitable) company that is able to grow and thrive in the future.

The Fund aims to achieve a yield which is excess of the FTSE All Share yield on a rolling three year basis and at least 90% on an annual basis.

Since launch in 2016, we have had a consistent approach of screening quality companies based on their record of achieving consistent above average cash flow return on investment with low financial debt. 

Investment Team

High quality funds are run by high quality people.

We are proud of our collegial culture, with teams across the business benefiting from each other’s expertise as they target long-term returns for investors.

Nick Edwards

Nick Edwards

Portfolio Manager, Europe 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
handshake

Factsheets

 

 

Fund English French German Spanish Italian
WS Guinness UK Equity Income Fund Download

KIIDS

Fund Class ISIN English French German Spanish Italian Swedish Finnish
WS Guinness UK Equity Income Fund O ACC GB00BYX94F49
WS Guinness UK Equity Income Fund O INC GB00BYX94G55
WS Guinness UK Equity Income Fund Y ACC GB00BYX94H62
WS Guinness UK Equity Income Fund Y INC GB00BYX94J86
WS Guinness UK Equity Income Fund Z ACC GB00BYX94K91
WS Guinness UK Equity Income Fund Z INC GB00BYX94L09

Documents

Document

WS Guinness Investment Funds - Share Holder Letter

Investing with Guinness

WS Guinness Investment Funds - Prospectus

WS Guinness Investment Funds - Target Market Assessment

WS Guinness Investment Funds – Investor Rights

WS Guinness UK Equity Income Fund - TCFD Reporting Guide

WS Guinness Investment Funds - Application Form

Fund Facts

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

 

Launch Date
Fund managers (start date)
Tim Guinness (30/06/2021)
Nick Edwards (30/06/2021)
Benchmark
MSCI United Kingdom All Cap TR
IA sector
IA UK Equity Income
Structure
UK OEIC (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 Max Initial Charge Min Investment ISIN SEDOL Bloomberg
O Acc 1.70% 5% 1000000 GB00BYX94F49 BYX94F4 TBGEIOA LN
O Inc 1.70% 5% 1000000 GB00BYX94G55 BYX94G5 TBGEIOI LN
Z Acc 0.50% 0% 100000000 GB00BYX94K91 BYX94K9 TBGEIZA LN
Z Inc 0.50% 0% 100000000 GB00BYX94L09 BYX94L0 TBGEIZI LN
Y Acc 0.70% 0% 1000000 GB00BYX94H62 BYX94H6 TBGEIYA LN
Y Inc 0.70% 0% 1000000 GB00BYX94J86 BYX94J8 TBGEIYI LN

Fund 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
WS Guinness UK Equity Income Fund O overseas accumulation GBP shares GB00BYX94F49 98.7200 0.3800
WS Guinness UK Equity Income Fund O overseas income GBP shares GB00BYX94G55 70.7300 0.2700
WS Guinness UK Equity Income Fund Y Clean Accumulation GBP Shares GB00BYX94H62 107.9100 0.4200
WS Guinness UK Equity Income Fund Y Clean Income GBP Shares GB00BYX94J86 77.7300 0.3100
WS Guinness UK Equity Income Fund Z Large Investor Accumulation GBP Shares GB00BYX94K91 109.7400 0.4300
WS Guinness UK Equity Income Fund Z Large Investor Income GBP Shares GB00BYX94L09 78.9100 0.3100
Document

WS Guinness Investment Funds - Application Form