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WS Guinness Sustainable Global Equity Fund

The Guinness Sustainable Global Equity Fund is designed to provide investors with exposure to companies benefiting from the transition to a more sustainable economy. The Fund is managed for capital growth, and holds a concentrated portfolio of quality growth businesses, biased towards midcap companies in any industry and in any developed region.

Overview

The Guinness Sustainable Global Equity Fund is designed to provide investors with exposure to companies benefiting from the transition to a more sustainable economy. The Fund is managed for capital growth, and holds a concentrated portfolio of quality growth businesses, biased towards midcap companies in any industry and in any developed region.

We believe that over the next twenty years economies will continue to shift towards more sustainable products and services, and there will be a greater emphasis on good corporate practices. Businesses which are part of this transition are likely to benefit from a sustained growth in demand, be it in energy efficient products, medical equipment or semiconductors used in robotics & automation, while companies improving their environmental, social and governance (ESG) practices are likely to reduce their operational risks. We believe that businesses which have generated a persistently high return on capital, and where management has a strong and improving ESG focus, are able to produce superior shareholder returns through:

  • Persistent earnings growth in the future; and
  • Forward thinking management able to capitalise on secular opportunities and generate future economic value

We maintain a high conviction portfolio of around 30 equally-weighted stocks, with low turnover and no benchmark-driven constraints on sector or regional weightings.

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.

Sagar Thanki

Sagar Thanki

Portfolio Manager, Global Team

Joe Stephens

Joseph Stephens

Portfolio Manager, Global 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

The Fund is designed to provide investors with exposure to quality growth equities exposed to the transition to a more sustainable economy through a high conviction, low turnover portfolio of companies.

Why Invest in the WS Guinness Sustainable Global Equity Fund?

We believe sustainable companies outperform

Companies whose products and services are enabling the transition to a more sustainable economy are likely to experience persistent top line growth as nations and consumers continue to change preferences. Businesses with strong and improving ESG practices are likely to reduce their operational risk whilst better aligning management remuneration to sustainable long-term value creation. Ultimately, we believe these companies are likely to be strategically placed for long-term value creation with more forward-thinking management teams able to better capitalise on future opportunities. We use exclusionary screens, sustainability themes and a combination of proprietary and third-party ESG research to help identify these businesses.
 

High conviction

The Fund typically invests in just 30 companies, with each company having a broadly equal weighting. This provides a good balance between the benefits of diversification while also allowing each company to add meaningfully to performance. We do not have a long tail of small positions and by definition we can never just ‘hug’ the benchmark index.
 

Fundamentally driven

We focus on ‘bottom-up’ stock selection rather than trying to make decisions based on an expected outlook for the world economy. We like to invest in sustainable companies which have been able to generate persistently high returns on capital and can continue to do so into the future. Sentiment and hype can often drive-up valuations of some sustainable companies; we maintain a strong value discipline to make sure we do not overpay for future growth.
 

Low turnover

We prefer to invest over the long term. We also recognise the increased costs of trading in and out of companies unnecessarily. Typically, we will hold a company in the portfolio for between 3 and 5 years.
 

Repeatable and independent

The process is clear, robust, transparent, and scalable. It filters out much of the noise and hype that surrounds companies to focus on the true signals that drive company valuations. By performing their own company research and analysis, using their own proprietary modelling systems, the managers try to avoid some of the behavioural biases associated with being unduly influenced by market sentiment.

How do we run the Fund?


 

Quality Screen

Although the fund is designed to invest in sustainable companies, our starting point in selecting our investment universe is to identify companies with persistently high and/or improving return on capital. Specifically, we look for two separate – but not distinct – groups of companies:

  • Established compounders that have a return on capital of greater than 10% in each of the previous ten years.
  • Emerging compounders that have a return on capital of greater than 10% in each of the previous 5 years with that return on capital growing across the previous 5-year period.

Our analysis shows that established and emerging compounders are highly likely to continue generating persistently high return on capital in the future. Consequently, it shows emerging compounders are highly likely to turn into established compounders in the future. Together, they show that these businesses will continue to create shareholder value.

“It's a rare achievement for a company to meet our investment criteria and we think it shows a mark of genuine quality. And this is where our portfolio starts – consistent high return on capital.”

On average, only 5% of global listed companies achieve our threshold. We then exclude highly leveraged businesses (net debt/EBITDA > 3), leaving a pool of around 650 companies.
 

Negative Screening

We find that companies exhibiting quality characteristics, as described above, positively correlate with better ESG scores, using MSCI ESG research methodology. Hence, we find that by first screening for high quality businesses, we indirectly exclude many businesses that have been deemed to have below average or inadequate management of ESG issues.

Intuitively, in seeking to invest in sustainable businesses that can create value over the long-term, filtering for quality businesses who have already demonstrated an ability to create above-average economic value without taking on excessive debt, makes sense.

However, this alone does not mean we end up with a pool of companies automatically deemed sustainable. In order to further increase our chances of finding these companies, we apply exclusionary screens to filter out companies whose products or services are harmful, and whose ESG practices are sub-standard. Namely we exclude companies which derive more than 10% of revenue from:

  • Adult Entertainment
  • Alcohol
  • Fossil fuels
  • Gambling
  • Nuclear energy
  • Palm oil
  • Tobacco
  • Weapons

We also exclude those companies which have been scored as a laggard (B or CCC rating) by MSCI and those on the Norwegian Council of Ethics exclusion list. Such businesses tend to display inadequate or worsening management of ESG issues and are vulnerable to ESG related disruptions and controversies.
 

Identifying growth

Finally, the portfolio seeks to invest in high growth business. With no one metric able to identify companies which will exhibit high future growth, we believe that looking in the midcap space is an attractive place to start. Midcaps have outperformed both their large and small cap counterparts over the long-term by growing their earnings and revenues faster – and what is more, doing so with a better return/risk ratio. We also find that many of the pure-play sustainable businesses that we seek tend to be smaller in size.

Sustainable and market cap exclusions leave the investible universe with around 450 companies.
 

Sustainability themes and stock selection

From this universe, we then seek to identify which companies are the most attractive long-term investment propositions. We apply screening and utilise scorecards based on quality, sustainability, growth, and valuation to prioritise candidates for extended due diligence.

We then subject all potential investments to detailed fundamental analysis and use sustainability themes and associated sub-themes to initially identify whether a business’ products and services can be deemed sustainable – and to what extent. The 3 broad sustainable themes currently employed are:

  1. Health & Wellbeing
  2. Productivity & Connectivity
  3. Resource Efficiency

Above all, we want to understand what competitive advantages or barriers to entry are sustaining a company’s return on investment to determine whether the returns will persist. We also recognise that sentiment and hype can sometimes drive up the valuations of sustainable companies and so we try to maintain a strict value discipline. We want to avoid paying up for high levels of expected growth in the future, and therefore use a variety of valuation tools including looking at valuations vs sectors, peers and the company’s history, as well as looking at the quality and growth metrics baked into a company’s valuation relative to alternatives.
 

Sell discipline

It is often easier to find companies to buy that look cheap than it is to identify those companies you own which should be sold. We consider sell discipline as important as selecting companies for purchase and continuously monitor the companies we hold in the Fund. The six core reasons we may sell a company are outlined below.

  1. The company no longer qualifies as sustainable
    - The company now derives a material portion of revenue from harmful products
    - The company’s ESG practices have deteriorated materially
  2. The balance sheet becomes stretched
  3. The valuation becomes too rich, or no longer offers compelling upside
  4. There is a change in a company’s capital budgeting approach
  5. Our original investment thesis no longer holds
  6. We find a more compelling investment idea

How do we construct the portfolio?

The WS Guinness Sustainable Global Equity Fund is a concentrated portfolio of around 30 broadly equally weighted stocks. This provides a number of useful attributes:

  1. It reduces stock-specific risk, as we will not be overweight in a small number of favourite companies.
  2. We will not have a long tail of small holdings in the portfolio, which can be a distraction and a potential drag on performance.
  3. It instils a strong sell discipline as we must typically sell a position in order to make way for a new one; and we must constantly assess the companies we own in the portfolio in comparison to the rest of the universe available to us.
  4. We are truly index independent. All companies held are given equal target weights without regard to their weighting in the benchmark index, so our portfolio has a high active share.

Factsheets

 

 

Fund English French German Spanish Italian
WS Guinness Sustainable Global Equity Fund Download

Updates

 

 

 

Document
WS Guinness Sustainable Global Equity Fund
December 2024
Document
WS Guinness Sustainable Global Equity Fund
October 2024
WS Guinness Sustainable Global Equity Fund
July 2024
WS Guinness Sustainable Global Equity Fund
April 2024
WS Guinness Sustainable Global Equity Fund
July 2023
WS Guinness Sustainable Global Equity Fund
April 2023
Document
WS Guinness Sustainable Global Equity Fund
January 2024
WS Guinness Sustainable Global Equity Fund
January 2024
Document
WS Guinness Sustainable Global Equity Fund
December 2024
WS Guinness Sustainable Global Equity Fund
December 2024
WS Guinness Sustainable Global Equity Fund
November 2024
WS Guinness Sustainable Global Equity Fund
October 2024
WS Guinness Sustainable Global Equity Fund
September 2024
WS Guinness Sustainable Global Equity Fund
August 2024
WS Guinness Sustainable Global Equity Fund
July 2024
WS Guinness Sustainable Global Equity Fund
June 2024
WS Guinness Sustainable Global Equity Fund
May 2024
WS Guinness Sustainable Global Equity Fund
April 2024
WS Guinness Sustainable Global Equity Fund
March 2024
WS Guinness Sustainable Global Equity Fund
February 2024
WS Guinness Sustainable Global Equity Fund
January 2024
WS Guinness Sustainable Global Equity Fund
January 2024

KIIDS

 

 

Fund Class ISIN English French German Spanish Italian Swedish Finnish
WS Guinness Sustainable Global Equity Fund Y ACC GB00BP5J7C70
WS Guinness Sustainable Global Equity Fund F Acc GB00BP5J7D87

Documents

Document

WS Guinness Investment Funds - Prospectus

WS Guinness Investment Funds - Target Market Assessment

WS Guinness Investment Funds – Investor Rights

WS Guinness Sustainable Global Equity Fund - TCFD Reporting Guide

Global Quality Mid Cap Fund - Approach to Sustainable Investing

Our Approach to Remuneration - Guinness Global Equities

Global Quality Mid Cap Fund - Exclusion Policy

WS Guinness Investment Funds - Application Form

Guinness Global Quality Mid Cap Brochure

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
Sagar Thanki
Joseph Stephens
Benchmark
MSCI World Index
IA sector
IA Global
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 current Max Initial Charge Min Investment ISIN SEDOL Bloomberg
F Acc 0.35% 0.00% 500000000 GB00BP5J7D87 BP5J7D8 TBGUSSD LN
Y Acc 0.89% 0.00% 1000 GB00BP5J7C70 BP5J7C7 TBGUINS LN

Share Prices

The Funds are priced every working day at 12:00 UK time and updated here shortly after.
 

Fund name Isin Fund price (+/-) Date
GUINNESS CHINA RMB INCOME FUND CLASS Y CNH DIST IE000026G6J3 99.0098 -0.0246 17/01/2025
GUINNESS CHINA RMB INCOME FUND CLASS Y EUR DIST IE000K4N4BW3 9.6634 0.0064 17/01/2025
GUINNESS CHINA RMB INCOME FUND CLASS Y GBP DIST IE000G9JHZF4 9.19 0.0327 17/01/2025
GUINNESS CHINA RMB INCOME FUND CLASS Y USD DIST IE000FIQDRV0 9.4085 0.0064 17/01/2025
GUINNESS CHINA RMB INCOME FUND CLASS F EUR DISTRIBUTION IE0006534FS5 9.69 0.0064 17/01/2025
GUINNESS CHINA RMB INCOME FUND CLASS F GBP DISTRIBUTION IE000K9NODM9 9.2175 0.0327 17/01/2025
GUINNESS CHINA RMB INCOME FUND CLASS F USD DISTRIBUTION IE000BEWEDQ4 9.4366 0.0066 17/01/2025
GUINNESS CHINA A SHARE FUND CLASS C GBP ACC IE0006BWJJW3 7.0253 0.1212 17/01/2025
GUINNESS CHINA A SHARE FUND CLASS C EUR ACC IE0001VD9PN1 7.3838 0.1062 17/01/2025
GUINNESS CHINA A SHARE FUND CLASS C USD ACC IE0005HP3H50 7.1965 0.1039 17/01/2025
GUINNESS CHINA A SHARE FUND CLASS I USD ACC IE000IQ9D569 7.3452 0.1061 17/01/2025
GUINNESS CHINA A SHARE FUND CLASS Y GBP ACC IE000I0OL207 7.1707 0.1239 17/01/2025
GUINNESS CHINA A SHARE FUND CLASS Y EUR ACC IE000RSR0322 7.5366 0.1087 17/01/2025
GUINNESS CHINA A SHARE FUND CLASS Y CNH ACC IE0002QAMMW4 77.2343 1.0447 17/01/2025
GUINNESS CHINA A SHARE FUND CLASS Y USD ACC IE000JCEKTR0 7.3452 0.1061 17/01/2025
GUINNESS CHINA A SHARE FUND CLASS F GBP ACCUMULATION IE0003ZZUKD7 7.2432 0.1253 17/01/2025
GUINNESS CHINA A SHARE FUND CLASS F EUR ACCUMULATION IE0001MJJCX1 7.6062 0.1097 17/01/2025
GUINNESS CHINA A SHARE FUND CLASS F USD ACCUMULATION IE000RSN6JG6 7.4195 0.1073 17/01/2025
GUINNESS GLOBAL EQUITY INCOME FUND CLASS D USD DISTRIBUTION IE00B3QG6N78 22.916 0.1649 17/01/2025
GUINNESS GLOBAL EQUITY INCOME FUND CLASS C USD DISTRIBUTION IE00B42XCP33 21.3884 0.1536 17/01/2025
GUINNESS GLOBAL EQUITY INCOME FUND CLASS C GBP DISTRIBUTION IE00B3PB1722 27.4659 0.2753 17/01/2025
GUINNESS GLOBAL EQUITY INCOME FUND CLASS D EUR DISTRIBUTION IE00B66B5L40 29.9163 0.2139 17/01/2025
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Z GBP DISTRIBUTION IE00B754QH41 32.7652 0.3295 17/01/2025
GUINNESS GLOBAL EQUITY INCOME FUND CLASS C EUR ACCUMULATION IE00BGHQF631 30.0493 0.2144 17/01/2025
GUINNESS GLOBAL EQUITY INCOME FUND CLASS C GBP ACCUMULATION IE00BVYPNV92 26.8491 0.2692 17/01/2025
GUINNESS GLOBAL EQUITY INCOME FUND CLASS C USD ACCUMULATION IE00BVYPNW00 21.9189 0.1575 17/01/2025
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Y EUR ACCUMULATION IE00BVYPNZ31 24.8663 0.1781 17/01/2025
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Y EUR DISTRIBUTION IE00BVYPP024 19.2731 0.1381 17/01/2025
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Y GBP ACCUMULATION IE00BVYPNY24 29.6288 0.2978 17/01/2025
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Y GBP DISTRIBUTION IE00BVYPP131 23.0059 0.2312 17/01/2025
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Y USD ACCUMULATION IE00BVYPNX17 24.19 0.1744 17/01/2025
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Y USD DISTRIBUTION IE00BVYPP248 18.7324 0.135 17/01/2025
GUINNESS GLOBAL EQUITY INCOME FUND CLASS C EUR DISTRIBUTION IE00BDGV0183 18.1358 0.1294 17/01/2025
GUINNESS GLOBAL EQUITY INCOME FUND CLASS D EUR ACCUMULATION IE00BDGV0290 22.9838 0.1643 17/01/2025
GUINNESS GLOBAL EQUITY INCOME FUND CLASS I USD DISTRIBUTION IE00BGK8P991 16.6811 0.1202 17/01/2025
GUINNESS GLOBAL EQUITY INCOME FUND CLASS I USD ACCUMULATION IE00BJBK7883 16.3031 0.1174 17/01/2025
GUINNESS GLOBAL EQUITY INCOME FUND CLASS C CNH HEDGED DISTR IE000OP91FK6 11.5822 0.0817 17/01/2025
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Z GBP ACCUMULATION IE000P7D8CD0 11.3203 0.1138 17/01/2025
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Z EUR DISTRIBUTION IE00051OJYP3 11.4103 0.0817 17/01/2025
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Z EUR ACCUMULATION IE000RSQ6GD6 11.5752 0.083 17/01/2025
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Z USD DISTRIBUTION IE000YRPM569 11.0087 0.0795 17/01/2025
GUINNESS GLOBAL EQUITY INCOME FUND CLASS Z USD ACCUMULATION IE0001B1ARB7 11.1706 0.0806 17/01/2025
GUINNESS GLOBAL MONEY MANAGERS FUND CLASS C USD ACCUMULATION IE00B3QW5Z07 28.4814 0.2681 17/01/2025
GUINNESS GLOBAL MONEY MANAGERS FUND CLASS C GBP ACCUMULATION IE00B64PRP62 36.6775 0.4491 17/01/2025
GUINNESS GLOBAL MONEY MANAGERS FUND CLASS Y EUR ACCUMULATION IE00B68GW162 41.1162 0.3863 17/01/2025
GUINNESS GLOBAL MONEY MANAGERS FUND CLASS Y USD ACCUMULATION IE00B3NSFR34 32.3731 0.3057 17/01/2025
GUINNESS GLOBAL MONEY MANAGERS FUND CLASS Y GBP ACCUMULATION IE00B7MJHM43 45.0988 0.5537 17/01/2025
GUINNESS GLOBAL MONEY MANAGERS FUND CLASS C EUR ACCUMULATION IE00BGHQF748 24.3529 0.228 17/01/2025
GUINNESS GLOBAL MONEY MANAGERS FUND CLASS I USD ACCUMULATION IE00BMYPMW02 16.1934 0.1529 17/01/2025
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS C EUR ACCUMULATION IE00BGHQDW50 21.1634 0.1388 17/01/2025
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS F GBP DISTRIBUTION IE00BGHQF300 18.0675 0.1715 17/01/2025
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS C GBP ACCUMULATION IE00BVYPNS63 20.6528 0.1951 17/01/2025
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS C USD ACCUMULATION IE00BVYPNT70 16.89 0.1116 17/01/2025
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS Y GBP ACCUMULATION IE00BYVHVZ98 15.8783 0.1505 17/01/2025
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS Y GBP DISTRIBUTION IE00BYVHWJ06 12.7957 0.1213 17/01/2025
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS Y EUR ACCUMULATION IE00BYVHW019 16.7224 0.1102 17/01/2025
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS Y EUR DISTRIBUTION IE00BYVHW126 13.4736 0.0888 17/01/2025
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS Y USD ACCUMULATION IE00BYVHW233 14.0485 0.0932 17/01/2025
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS Y USD DISTRIBUTION IE00BYVHW340 11.2828 0.0749 17/01/2025
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS I USD ACCUMULATION IE00BMYPN382 13.299 0.0883 17/01/2025
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS I USD DISTRIBUTION IE00BMYPN499 11.6906 0.0776 17/01/2025
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS C EUR DISTRIBUTION IE000AHX6WT2 10.6856 0.0701 17/01/2025
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS C GBP DISTRIBUTION IE000N9K9CQ4 10.6154 0.1002 17/01/2025
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS C USD DISTRIBUTION IE000RAMYLN7 9.2773 0.0612 17/01/2025
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS F GBP ACCUMULATION IE000YNWUZY0 10.5349 0.1 17/01/2025
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS F EUR ACCUMULATION IE000A0PQ631 10.7848 0.0711 17/01/2025
GUINNESS EUROPEAN EQUITY INCOME FUND CLASS F EUR DISTRIBUTION IE000IUDXQX3 10.4814 0.0695 17/01/2025
GUINNESS ASIAN EQUITY INCOME FUND CLASS C EUR ACCUMULATION IE00BGHQDM52 23.9482 0.0605 17/01/2025
GUINNESS ASIAN EQUITY INCOME FUND CLASS Z GBP DISTRIBUTION IE00BGHQDV44 17.8231 0.0974 17/01/2025
GUINNESS ASIAN EQUITY INCOME FUND CLASS C GBP ACCUMULATION IE00BVYPNP33 19.8723 0.1078 17/01/2025
GUINNESS ASIAN EQUITY INCOME FUND CLASS C USD ACCUMULATION IE00BVYPNQ40 16.2208 0.0418 17/01/2025
GUINNESS ASIAN EQUITY INCOME FUND CLASS Y EUR ACCUMULATION IE00BDHSRG22 16.0189 0.041 17/01/2025
GUINNESS ASIAN EQUITY INCOME FUND CLASS Y EUR DISTRIBUTION IE00BDHSRH39 11.7516 0.0301 17/01/2025
GUINNESS ASIAN EQUITY INCOME FUND CLASS Y GBP ACCUMULATION IE00BDHSRD90 16.0107 0.0874 17/01/2025
GUINNESS ASIAN EQUITY INCOME FUND CLASS Y GBP DISTRIBUTION IE00BDHSRF15 11.7665 0.0642 17/01/2025
GUINNESS ASIAN EQUITY INCOME FUND CLASS Y USD ACCUMULATION IE00BDHSRJ52 15.1031 0.0393 17/01/2025
GUINNESS ASIAN EQUITY INCOME FUND CLASS Y USD DISTRIBUTION IE00BDHSRK67 11.0727 0.0289 17/01/2025
GUINNESS ASIAN EQUITY INCOME FUND CLASS I USD ACCUMULATION IE00BMYPN051 12.009 0.0314 17/01/2025
GUINNESS ASIAN EQUITY INCOME FUND CLASS I USD DISTRIBUTION IE00BMYPN168 10.1446 0.0265 17/01/2025
GUINNESS ASIAN EQUITY INCOME FUND CLASS Z GBP ACCUMULATION IE000658NZ19 11.7784 0.0643 17/01/2025
GUINNESS ASIAN EQUITY INCOME FUND CLASS Z EUR DISTRIBUTION IE000KN6J1X6 11.6479 0.0297 17/01/2025
GUINNESS ASIAN EQUITY INCOME FUND CLASS Z EUR ACCUMULATION IE000UNWB7K2 12.0409 0.0308 17/01/2025
GUINNESS ASIAN EQUITY INCOME FUND CLASS Z USD DISTRIBUTION IE0007D42DP3 11.2402 0.0293 17/01/2025
GUINNESS ASIAN EQUITY INCOME FUND CLASS Z USD ACCUMULATION IE000D23O9K2 11.6369 0.0303 17/01/2025
GUINNESS GLOBAL INNOVATORS FUND CLASS C GBP ACCUMULATION IE00BQXX3C00 36.8954 0.3298 17/01/2025
GUINNESS GLOBAL INNOVATORS FUND CLASS C EUR ACCUMULATION IE00BQXX3D17 34.2204 0.2069 17/01/2025
GUINNESS GLOBAL INNOVATORS FUND CLASS C USD ACCUMULATION IE00BQXX3F31 28.1359 0.1714 17/01/2025
GUINNESS GLOBAL INNOVATORS FUND CLASS Y GBP ACCUMULATION IE00BQXX3K83 40.9812 0.3675 17/01/2025
GUINNESS GLOBAL INNOVATORS FUND CLASS Y EUR ACCUMULATION IE00BQXX3L90 37.9688 0.2306 17/01/2025
GUINNESS GLOBAL INNOVATORS FUND CLASS Y USD ACCUMULATION IE00BQXX3M08 31.3362 0.1919 17/01/2025
GUINNESS GLOBAL INNOVATORS FUND CLASS Z GBP ACCUMULATION IE00BQXX3N15 41.8684 0.3756 17/01/2025
GUINNESS GLOBAL INNOVATORS FUND CLASS Z EUR ACCUMULATION IE00BQXX3P39 38.8166 0.2359 17/01/2025
GUINNESS GLOBAL INNOVATORS FUND CLASS Z USD ACCUMULATION IE00BQXX3Q46 31.9274 0.1956 17/01/2025
GUINNESS GLOBAL INNOVATORS FUND CLASS I USD ACCUMULATION IE00BMYPNG19 15.0618 0.0922 17/01/2025
GUINNESS GLOBAL INNOVATORS FUND CLASS C CNH HEDGED DISTR IE000PGA9O74 15.5375 0.0926 17/01/2025
GUINNESS GREATER CHINA FUND CLASS C EUR ACCUMULATION IE00BZ08YS42 12.2512 0.0783 17/01/2025
GUINNESS GREATER CHINA FUND CLASS C GBP ACCUMULATION IE00BZ08YR35 14.2645 0.1325 17/01/2025
GUINNESS GREATER CHINA FUND CLASS C USD ACCUMULATION IE00BZ08YT58 11.5723 0.0746 17/01/2025
GUINNESS GREATER CHINA FUND CLASS Y EUR ACCUMULATION IE00BZ08YW87 13.3197 0.0855 17/01/2025
GUINNESS GREATER CHINA FUND CLASS Y GBP ACCUMULATION IE00BZ08YV70 15.4921 0.1443 17/01/2025
GUINNESS GREATER CHINA FUND CLASS Y USD ACCUMULATION IE00BZ08YX94 12.5378 0.0812 17/01/2025
GUINNESS GREATER CHINA FUND CLASS F GBP ACCUMULATION IE00BZ08YY02 16.1586 0.1507 17/01/2025
GUINNESS GREATER CHINA FUND CLASS I USD ACCUMULATION IE00BMYPNC70 7.5361 0.0487 17/01/2025
GUINNESS GREATER CHINA FUND CLASS F EUR ACCUMULATION IE000PL4LIL5 11.369 0.074 17/01/2025
GUINNESS GREATER CHINA FUND CLASS F USD ACCUMULATION IE000KYOJNN5 10.996 0.071 17/01/2025
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS C USD ACCUMULATION IE00BYV24P56 15.4215 0.0168 17/01/2025
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS Y GBP ACCUMULATION IE00BYV24Q63 16.7938 0.0668 17/01/2025
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS Y GBP DISTRIBUTION IE00BYV24R70 12.6725 0.0505 17/01/2025
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS Y EUR ACCUMULATION IE00BYV24S87 16.9601 0.0182 17/01/2025
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS Y EUR DISTRIBUTION IE00BYV24T94 12.7827 0.0137 17/01/2025
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS Y USD ACCUMULATION IE00BYV24V17 16.7173 0.0188 17/01/2025
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS Y USD DISTRIBUTION IE00BYV24W24 12.592 0.0142 17/01/2025
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS F GBP DISTRIBUTION IE00BYV24X31 13.1965 0.0528 17/01/2025
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS C EUR ACCUMULATION IE00BMCWC346 13.0576 0.0137 17/01/2025
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS C GBP ACCUMULATION IE00BMCWC239 12.1539 0.048 17/01/2025
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS I USD ACCUMULATION IE00BMYPND87 11.5708 0.0131 17/01/2025
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS I USD DISTRIBUTION IE00BMYPNF02 9.8683 0.0111 17/01/2025
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS C EUR DISTRIBUTION IE0009746VI0 10.3385 0.0108 17/01/2025
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS C GBP DISTRIBUTION IE000UPHOYQ6 10.2697 0.0406 17/01/2025
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS C USD DISTRIBUTION IE000XFJTUO9 8.9838 0.0099 17/01/2025
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS F GBP ACCUMULATION IE000S23Y5E4 11.149 0.045 17/01/2025
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS F EUR ACCUMULATION IE000PRGIAG7 11.419 0.013 17/01/2025
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS F EUR DISTRIBUTION IE000EYWH6W0 11.0593 0.0118 17/01/2025
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS F USD ACCUMULATION IE000STEY2E9 11.04 0.012 17/01/2025
GUINNESS EMERGING MARKETS EQUITY INCOME FUND CLASS F USD DISTRIBUTION IE0002MGLE49 10.6815 0.0119 17/01/2025
GUINNESS BEST OF ASIA FUND CLASS C GBP ACCUMULATION IE00BF2VFX37 11.9346 0.1731 17/01/2025
GUINNESS BEST OF ASIA FUND CLASS Y GBP ACCUMULATION IE00BF2VFY44 12.8448 0.1867 17/01/2025
GUINNESS BEST OF ASIA FUND CLASS Y EUR ACCUMULATION IE00BF2VFZ50 13.5054 0.1575 17/01/2025
GUINNESS BEST OF ASIA FUND CLASS Y USD ACCUMULATION IE00BF2VG076 11.6628 0.1365 17/01/2025
GUINNESS BEST OF ASIA FUND CLASS F GBP ACCUMULATION IE00BF2VG183 13.1687 0.1916 17/01/2025
GUINNESS BEST OF ASIA FUND CLASS I USD ACCUMULATION IE00BMYPN275 10.1295 0.1187 17/01/2025
GUINNESS BEST OF ASIA FUND CLASS C EUR ACCUMULATION IE000IYIWG07 10.0877 0.1172 17/01/2025
GUINNESS BEST OF ASIA FUND CLASS C USD ACCUMULATION IE0004NN3YY8 8.7876 0.1026 17/01/2025
GUINNESS BEST OF ASIA FUND CLASS F EUR ACCUMULATION IE000IPJNIR0 12.209 0.143 17/01/2025
GUINNESS BEST OF ASIA FUND CLASS F USD ACCUMULATION IE0006E14U67 11.811 0.139 17/01/2025
GUINNESS MULTI-ASSET GROWTH FUND CLASS C GBP ACCUMULATION IE00BG5QQP10 15.7231 0.1438 17/01/2025
GUINNESS MULTI-ASSET GROWTH FUND CLASS C EUR ACCUMULATION IE00BG5QQQ27 16.7843 0.1051 17/01/2025
GUINNESS MULTI-ASSET GROWTH FUND CLASS C EUR HEDGED ACC IE00BG5QQR34 13.2588 0.1194 17/01/2025
GUINNESS MULTI-ASSET GROWTH FUND CLASS C USD ACCUMULATION IE00BG5QQS41 15.1225 0.0952 17/01/2025
GUINNESS MULTI-ASSET GROWTH FUND CLASS C USD HEDGED ACC IE00BG5QRJ25 14.5059 0.1309 17/01/2025
GUINNESS MULTI-ASSET GROWTH FUND CLASS O GBP ACCUMULATION IE00BG5QRK30 16.6051 0.1523 17/01/2025
GUINNESS MULTI-ASSET GROWTH FUND CLASS O EUR ACCUMULATION IE00BG5QRL47 17.7334 0.1115 17/01/2025
GUINNESS MULTI-ASSET GROWTH FUND CLASS O EUR HEDGED ACC IE00BG5QRM53 13.963 0.126 17/01/2025
GUINNESS MULTI-ASSET GROWTH FUND CLASS O USD ACCUMULATION IE00BG5QRN60 15.9715 0.101 17/01/2025
GUINNESS MULTI-ASSET GROWTH FUND CLASS O USD HEDGED ACC IE00BG5QRP84 15.215 0.1379 17/01/2025
GUINNESS MULTI-ASSET GROWTH FUND CLASS R GBP ACCUMULATION IE00BG5QRQ91 15.5351 0.142 17/01/2025
GUINNESS MULTI-ASSET GROWTH FUND CLASS R EUR ACCUMULATION IE00BG5QRR09 16.5977 0.1038 17/01/2025
GUINNESS MULTI-ASSET GROWTH FUND CLASS R EUR HEDGED ACC IE00BG5QRS16 13.1031 0.1178 17/01/2025
GUINNESS MULTI-ASSET GROWTH FUND CLASS R USD ACCUMULATION IE00BG5QRT23 14.9301 0.094 17/01/2025
GUINNESS MULTI-ASSET GROWTH FUND CLASS R USD HEDGED ACC IE00BG5QRV45 14.3521 0.1295 17/01/2025
GUINNESS MULTI-ASSET GROWTH FUND CLASS Y GBP ACCUMULATION IE00BG5QRW51 16.8944 0.155 17/01/2025
GUINNESS MULTI-ASSET BALANCED FUND CLASS C GBP ACCUMULATION IE00BG5QQV79 14.5964 0.1221 17/01/2025
GUINNESS MULTI-ASSET BALANCED FUND CLASS C EUR ACCUMULATION IE00BG5QQW86 15.5824 0.0854 17/01/2025
GUINNESS MULTI-ASSET BALANCED FUND CLASS C EUR HEDGED ACC IE00BG5QQX93 12.4294 0.1023 17/01/2025
GUINNESS MULTI-ASSET BALANCED FUND CLASS C USD ACCUMULATION IE00BG5QQY01 14.0388 0.0776 17/01/2025
GUINNESS MULTI-ASSET BALANCED FUND CLASS C USD HEDGED ACC IE00BG5QQZ18 13.5505 0.112 17/01/2025
GUINNESS MULTI-ASSET BALANCED FUND CLASS O GBP ACCUMULATION IE00BG5QR034 15.4159 0.1295 17/01/2025
GUINNESS MULTI-ASSET BALANCED FUND CLASS O EUR ACCUMULATION IE00BG5QR141 16.4614 0.0907 17/01/2025
GUINNESS MULTI-ASSET BALANCED FUND CLASS O EUR HEDGED ACC IE00BG5QR257 13.1033 0.1082 17/01/2025
GUINNESS MULTI-ASSET BALANCED FUND CLASS O USD ACCUMULATION IE00BG5QR364 14.826 0.0823 17/01/2025
GUINNESS MULTI-ASSET BALANCED FUND CLASS O USD HEDGED ACC IE00BG5QR471 14.2846 0.1185 17/01/2025
GUINNESS MULTI-ASSET BALANCED FUND CLASS R GBP ACCUMULATION IE00BG5QR588 14.4189 0.1206 17/01/2025
GUINNESS MULTI-ASSET BALANCED FUND CLASS R EUR ACCUMULATION IE00BG5QR695 15.3984 0.0844 17/01/2025
GUINNESS MULTI-ASSET BALANCED FUND CLASS R EUR HEDGED ACC IE00BG5QR703 12.2992 0.1012 17/01/2025
GUINNESS MULTI-ASSET BALANCED FUND CLASS R USD ACCUMULATION IE00BG5QR810 13.8581 0.0765 17/01/2025
GUINNESS MULTI-ASSET BALANCED FUND CLASS R USD HEDGED ACC IE00BG5QR927 13.4638 0.1112 17/01/2025
GUINNESS MULTI-ASSET BALANCED FUND CLASS Y GBP ACCUMULATION IE00BG5QRB49 15.6786 0.1317 17/01/2025
GUINNESS GLOBAL QUALITY MID CAP FUND CLASS F USD ACCUMULATION IE00BN0W3529 12.2664 0.1159 17/01/2025
GUINNESS GLOBAL QUALITY MID CAP FUND CLASS F GBP ACCUMULATION IE00BN0W3305 13.4806 0.1656 17/01/2025
GUINNESS GLOBAL QUALITY MID CAP FUND CLASS F EUR ACCUMULATION IE00BN0W3412 14.4898 0.1363 17/01/2025
GUINNESS GLOBAL QUALITY MID CAP FUND CLASS I GBP ACCUMULATION IE00BN0W2X30 13.2484 0.1625 17/01/2025
GUINNESS GLOBAL QUALITY MID CAP FUND CLASS I EUR ACCUMULATION IE00BN0W2Y47 14.2285 0.1335 17/01/2025
GUINNESS GLOBAL QUALITY MID CAP FUND CLASS I USD ACCUMULATION IE00BN0W2Z53 12.057 0.1137 17/01/2025
GUINNESS GLOBAL QUALITY MID CAP FUND CLASS Y GBP ACCUMULATION IE00BN0W3073 13.2475 0.1625 17/01/2025
GUINNESS GLOBAL QUALITY MID CAP FUND CLASS Y EUR ACCUMULATION IE00BN0W3180 14.2299 0.1335 17/01/2025
GUINNESS GLOBAL QUALITY MID CAP FUND CLASS Y USD ACCUMULATION IE00BN0W3297 12.0595 0.1137 17/01/2025
GUINNESS GLOBAL QUALITY MID CAP FUND CLASS C GBP ACCUMULATION IE00BN0W2T93 12.6681 0.155 17/01/2025
GUINNESS GLOBAL QUALITY MID CAP FUND CLASS C EUR ACCUMULATION IE00BN0W2V16 13.6074 0.1273 17/01/2025
GUINNESS GLOBAL QUALITY MID CAP FUND CLASS C USD ACCUMULATION IE00BN0W2W23 11.5346 0.1084 17/01/2025
GUINNESS SUSTAINABLE ENERGY FUND CLASS D USD ACCUMULATION IE00B2PGVJ29 4.4685 0.0279 17/01/2025
GUINNESS SUSTAINABLE ENERGY FUND CLASS C USD ACCUMULATION IE00B2PGVK34 4.1021 0.0256 17/01/2025
GUINNESS SUSTAINABLE ENERGY FUND CLASS C GBP ACCUMULATION IE00B3CCJ633 7.7625 0.0705 17/01/2025
GUINNESS SUSTAINABLE ENERGY FUND CLASS D EUR ACCUMULATION IE00B3CCJ740 8.1116 0.0503 17/01/2025
GUINNESS SUSTAINABLE ENERGY FUND CLASS C EUR ACCUMULATION IE00BGHQF417 16.1449 0.0999 17/01/2025
GUINNESS SUSTAINABLE ENERGY FUND CLASS Y GBP ACCUMULATION IE00BFYV9L73 20.447 0.1863 17/01/2025
GUINNESS SUSTAINABLE ENERGY FUND CLASS Y EUR ACCUMULATION IE00BFYV9M80 21.4603 0.1336 17/01/2025
GUINNESS SUSTAINABLE ENERGY FUND CLASS Y USD ACCUMULATION IE00BFYV9N97 17.7671 0.1114 17/01/2025
GUINNESS SUSTAINABLE ENERGY FUND CLASS I USD ACCUMULATION IE00BMYPNB63 9.3949 0.0589 17/01/2025
GUINNESS SUSTAINABLE ENERGY FUND CLASS C CNH HEDGED DISTR IE000JUVS7B9 8.1278 0.0496 17/01/2025
GUINNESS GLOBAL ENERGY FUND CLASS D USD ACCUMULATION IE00B2Q91T05 9.4976 0.0745 17/01/2025
GUINNESS GLOBAL ENERGY FUND CLASS C USD ACCUMULATION IE00B2Q91V27 8.8361 0.0692 17/01/2025
GUINNESS GLOBAL ENERGY FUND CLASS C GBP ACCUMULATION IE00B3CCJ963 13.3329 0.1422 17/01/2025
GUINNESS GLOBAL ENERGY FUND CLASS D EUR ACCUMULATION IE00B3CCJB88 13.9308 0.1085 17/01/2025
GUINNESS GLOBAL ENERGY FUND CLASS Y USD ACCUMULATION IE00B3CCJC95 10.3756 0.0815 17/01/2025
GUINNESS GLOBAL ENERGY FUND CLASS Y GBP ACCUMULATION IE00B6XV0016 13.2242 0.1414 17/01/2025
GUINNESS GLOBAL ENERGY FUND CLASS C EUR ACCUMULATION IE00BGHQF524 10.8281 0.0842 17/01/2025
GUINNESS GLOBAL ENERGY FUND CLASS Y USD DISTRIBUTION IE00BG6L7638 7.2371 0.0568 17/01/2025
GUINNESS GLOBAL ENERGY FUND CLASS Y EUR ACCUMULATION IE00BFMGVR44 12.7291 0.0994 17/01/2025
GUINNESS GLOBAL ENERGY FUND CLASS I USD ACCUMULATION IE00BMYPN507 20.4383 0.1604 17/01/2025
GUINNESS GLOBAL ENERGY FUND CLASS C CNH HEDGED DISTR IE000P8HSFB7 10.0616 0.0773 17/01/2025
WS GUINNESS UK EQUITY INCOME FUND O OVERSEAS ACCUMULATION GB00BYX94F49 97.12 0.18 20/01/2025
WS GUINNESS UK EQUITY INCOME FUND O OVERSEAS INCOME GB00BYX94G55 70.86 0.13 20/01/2025
WS GUINNESS UK EQUITY INCOME FUND Y CLEAN ACCUMULATION GB00BYX94H62 105.48 0.2 20/01/2025
WS GUINNESS UK EQUITY INCOME FUND Y CLEAN INCOME GB00BYX94J86 77.4 0.15 20/01/2025
WS GUINNESS UK EQUITY INCOME FUND Z EARLY INVESTOR ACCUMULATION GB00BYX94K91 107.13 0.21 20/01/2025
WS GUINNESS UK EQUITY INCOME FUND Z EARLY INVESTOR INCOME GB00BYX94L09 78.48 0.16 20/01/2025
WS GUINNESS GLOBAL EQUITY INCOME FUND Y ACCUMULATION GBP GB00BNGFN776 175.38 0.27 20/01/2025
WS GUINNESS GLOBAL EQUITY INCOME FUND Y INCOME GBP GB00BNGFN669 159 0.25 20/01/2025
WS GUINNESS ASIAN EQUITY INCOME FUND Y ACCUMULATION GBP GB00BMFKG667 121.66 0.96 20/01/2025
WS GUINNESS ASIAN EQUITY INCOME FUND Y INCOME GBP GB00BMFKG774 103.49 0.82 20/01/2025
WS GUINNESS EUROPEAN EQUITY INCOME FUND Y ACCUMULATION GBP GB00BP5J6M04 127.07 -0.06 20/01/2025
WS GUINNESS EUROPEAN EQUITY INCOME FUND Y INCOME GBP GB00BP5J6N11 119.56 -0.05 20/01/2025
WS GUINNESS EUROPEAN EQUITY INCOME FUND F ACCUMULATION GBP GB00BP5J6P35 128.5 -0.05 20/01/2025
WS GUINNESS EUROPEAN EQUITY INCOME FUND F INCOME GBP GB00BP5J6Q42 121.09 -0.04 20/01/2025
WS GUINNESS GLOBAL INNOVATORS FUND Y ACCUMULATION GBP GB00BP5J5Y50 170.83 0.92 20/01/2025
WS GUINNESS SUSTAINABLE ENERGY FUND Y ACCUMULATION GBP GB00BP5J6198 88.14 0.07 20/01/2025
WS GUINNESS SUSTAINABLE ENERGY FUND Z ACCUMULATION GBP GB00BP5J6206 88.45 0.06 20/01/2025
WS GUINNESS SUSTAINABLE GLOBAL EQUITY FUND F ACCUMULATION GBP GB00BP5J7D87 124.05 0.78 20/01/2025
WS GUINNESS SUSTAINABLE GLOBAL EQUITY FUND Y ACCUMULATION GBP GB00BP5J7C70 122.71 0.77 20/01/2025
WS GUINNESS GLOBAL EQUITY INCOME FUND Z ACCUMULATION GBP GB00BLGT0N04 109.31 0.17 20/01/2025
WS GUINNESS GLOBAL EQUITY INCOME FUND Z INCOME GBP GB00BLGT0P28 108.32 0.17 20/01/2025
WS GUINNESS ASIAN EQUITY INCOME FUND Z ACCUMULATION GBP GB00BLGT0Q35 112 0.88 20/01/2025
WS GUINNESS ASIAN EQUITY INCOME FUND Z INCOME GBP GB00BLGT0R42 110.49 0.87 20/01/2025
WS GUINNESS GLOBAL INNOVATORS FUND Z ACCUMULATION GBP GB00BLGT0S58 108.22 0.58 20/01/2025
WS GUINNESS GLOBAL ENERGY FUND I ACCUMULATION GB00B56FW078 51.83 0.21 20/01/2025

Guinness Global Quality Mid Cap - Webcast

Date: January 20, 2025 02:00 PM [GMT] Joseph Stephens & Sagar Thanki

Guinness Sustainable Global Equity - Webcast - Covering Q3 2024

Date: October 15 2024 02:00 PM [BST] Joseph Stephens & Sagar Thanki

Guinness Sustainable Global Equity - Webcast - Covering Q2 2024

Date: July 22, 2024 2:00 PM [BST]Joseph Stephens & Sagar Thanki

Guinness Sustainable Global Equity Fund - Webcast - Covering Q1 2024

Date: April 18, 2024 02:00 PM [BST]Sagar Thanki & Joseph Stephens

Guinness Sustainable Global Equity Fund - Webcast Covering Q4 2023

Date: Jan 19, 2024 02:00 PM [GMT]Sagar Thanki & Joseph Stephens

Mid-Caps: A Sweet Spot for Growth and Sustainable Investing

Often misunderstood or overlooked, mid-capitalisation (“mid-cap”) stocks can offer investors…

Guinness Sustainable Global Equity Fund - Webcast - Covering Q3 2023

Date: Oct 13, 2023 02:00 PM [GMT+1]Sagar Thanki & Joseph Stephens

Guinness Sustainable Global Equity Fund - Webcast - Covering Q2 2023

Date: Jul 13, 2023 02:00 PM [GMT+1] Sagar Thanki & Joseph Stephens

Guinness Sustainable Global Equity Fund - Webcast - Covering Q1 2023

Date: Apr 18, 2023 02:00 PM [GMT+1] Sagar Thanki & Joseph Stephens

 

WS Guinness Sustainable Global Equity Fund is an equity fund. Investors should be willing and able to assume the risks of equity investing. 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 0.89%. 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.