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Fund Centre

Equity Income

Guinness Emerging Markets Equity Income

ISIN
Domicile
Ireland
StructureUCITS
Latest NAV Price
8 September 2026GBP 14.84
NAV daily change
8 September 2026-0.18%
OCF
0.77%
Fund Size
8 September 2026USD 25m
Fund Launch Date23.12.2016
BenchmarkMSCI Emerging Markets

Overview

Objective

The Guinness Emerging Markets Equity Income strategy seeks income and capital growth through emerging markets dividend investing and invests in high-quality dividend-paying companies.

Investment Approach

Emerging markets are not a single bloc. The pace and nature of growth are far from uniform and long-term development is not a straightforward process. But it is this complexity that creates the conditions for emerging markets stocks that can harness their dynamism and convert it into sustained profitability.

The Guinness Emerging Markets Equity Income Fund aims to invest in high-quality, cash-generative companies that achieve this.

Ratings & Awards
Elite Provider

Elite Provider

FundCalibre

Fund Facts

Key Facts
Launch Date
23.12.2016
Fund Managers (start date)
Edmund Harriss (23.12.2016)Mark Hammonds (31.03.2017)
Benchmark
MSCI Emerging Markets
IA Sector
IA Global Emerging Markets
ISIN
IE00BYV24R70
SEDOL
BYV24R7
BLOOMBERG
GUEMXGD ID
Underlying currency
USD
Pricing
Daily, forwards
Valuation
23:00 Dublin time
Deal cut off time
15:00 Dublin time
UK Reporting Fund Status
Yes
ISA Eligible
Yes
Fees & Expenses
Ongoing Chargesas at 31 Aug 2026

0.77%

Min Investmentas at 31 Aug 2026

None

Countries of Fund Registration

Please click on each country to see share class availability

Commentary

Emerging Markets Equity Income

August Commentary

This is a marketing communication. Please refer to the prospectus, supplement, KIDs and KIIDs for the Funds (available on this website), which contain detailed information on their characteristics and objectives and full information on the risks, before making any final investment decisions.

Emerging markets sold off in July, driven by significant losses in the AI supply chain which made Korea (down 17.1% in USD) and Taiwan (down 5.4%) the worst-performing countries in the MSCI Emerging Markets Index over the month. In this commentary we report the key news in emerging equities in July along with portfolio holdings' earnings releases. Following developments in the AI trade and in the conflict in the Middle East, we also revisit our previous comments to update the outlook. Our expectation of further share price volatility for the large Korean memory stocks was certainly borne out last month. But in the longer term, the more interesting question is: where will AI lead to outperformance when the technology is embedded and the promised benefits are being realised? Our approach will continue to be to find out via the underlying quality of a business, its returns on capital and cash generation, rather than short-term momentum.

Read full commentary

Guinness Emerging Markets Equity Income Fund - August Commentary

August 2026

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Performance

Income

Distribution history

Year

2026

Ex-dividendPaymentDistribution

Interim

01.07.202631.07.20260.3000 GBP

Total paid this fund financial year

0.3000 GBP

Source: Guinness Global Investors. Distribution is per share.

Portfolio

Top 10 Holdings

As at 28 Aug 2026

Name
CountrySector
Percentage (%)
LARGAN Precision Co., Ltd.
TaiwanInformation Technology
3.8
Bajaj Auto Ltd.
IndiaConsumer Discretionary
3.4
Novatek Microelectronics Corp.
TaiwanInformation Technology
3.3
Taiwan Semiconductor Manufacturing Co., Ltd.
TaiwanInformation Technology
3.2
Jumbo SA
GreeceConsumer Discretionary
3.0
Coca-Cola FEMSA SAB de CV
MexicoConsumer Staples
3.0
Industrial & Commercial Bank of China Ltd.
ChinaFinancials
2.9
TISCO Financial Group Public Co. Ltd.
ThailandFinancials
2.9
NetEase, Inc.
Cayman IslandsCommunication Services
2.9
PT Bank Rakyat Indonesia (Persero) Tbk
IndonesiaFinancials
2.9
Total31.3

Source: Guinness Global Investors. Holdings and exposures may be subject to change

Literature

Document Name

INSIGHTS IN FOCUS

Quality in Emerging Markets: Brasil Bolsa Balcão

What does genuine quality look like in emerging markets? B3, Brazil's sole stock exchange, clearinghouse and depository, whose position is embedded in the country's entire financial system, presents a compelling case.

Equity Income | 19 August 2026 | 8 min read

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