Guinness Global Money Managers Fund class X


Buy/Sell Price  (as of 16/10/2017) £24.198   Day Change :  0.23%     Fund Code:  GUGMX 

Important documents Before investing please ensure that you have read the Fidelity Key Features Document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found by clicking on the 'Important documents' link.

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Biography

Timothy W.N. Guinness is the lead manager of the Global Energy Fund (since inceptionJune 2004). Previously, he also served as lead manager of the Global Innovators Fund (2003 to April 2013) and the Alternative Energy Fund (2006 to April 2010) and co-manager of the Asia Focus Fund (2003 to April 2010), Asia Pacific Dividend Builder Fund (since inceptionMarch 2006 to April 2010), China & Hong Kong Fund (2003 to April 2010), and the Renminbi Yuan & Bond Fund (since inception in June 2011 to April 2013). Mr. Guinness has served as Guinness AtkinsonTMs Chairman and Chief Investment Officer since the firms founding. Mr. Guinness graduated from Cambridge University in 1968 with an MA in Engineering and an MSc in Management Science from Massachusetts Institute of Technology in 1970.

Biography

Will Riley is the co-lead manager of the Global Energy Fund (since April 2013) and co-manager (May 2010 to April 2013). He joined Guinness AtkinsonTM as an analyst in May 2007. Mr. Riley worked for PricewaterhouseCoopers LLP from 2002 to 2007 having qualified as a Chartered Accountant in 2003. Mr. Riley graduated from Cambridge University with a Masters in Geography in 1999.
Investment HouseGuinness
Fund ProviderGuinness Asset Management Limited
ManagerTimothy W.N. Guinness   Biography
ManagerWill Riley   Biography

Fund Objective The fund aims to increase the value of the amount you invest in it over a period of years. To do this the fund invests in the shares of a range of companies engaged in money management services, such as investment managers. The choice of investments is at the discretion of the Investment Manager, Guinness Asset Management Ltd. Any income the fund receives will be reinvested to grow the value of your investment. You may sell your investment on any working day in Ireland. Recommendation: this fund may not be appropriate for investors who plan to withdraw their money within five years.

Key Statistics

Fund Status
Fund TypeOEIC
ISINIE00B7MJHM43
12-Month NAV High £24.33
12-Month NAV Low £17.84
Fund Comparative Index -
Morningstar CategoryTMSector Equity Financial Services
Dividend FrequencyTwice Yearly
Historic Yield0.00%

Annual Charges

Morningstar ratings

 as of  30/09/2017
Overall4 star
3 Years3 star
5 Years4 star
10 YearsN/A

One or more funds cannot be shown as they have less than one year of performance data.

Growth of £1000 Help

 as of  16/10/2017

Past Performance (%) Help

as of 

This Fund

     
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Fund versus Morningstar Category

     
22.634.35-1.33-6.642.82
Important Information

The value of the fund and the income from it can go down as well as up so you may get back less than you invested. If your fund invests in overseas markets, changes in currency exchange rates may affect the value of your investment. If your fund invests in small and emerging markets, these can be more volatile than other more developed markets. Past performance is not a guide to future returns.
For funds that invest in bonds, please be aware that the price of bonds is influenced by movements in interest rates, changes in the credit rating of bond issuers, and other factors such as inflation and market dynamics. In general, as interest rates rise the price of a bond will fall. The risk of default is based on the issuer's ability to make interest payments and to repay the loan at maturity. Default risk may therefore vary between different government issuers as well as between different corporate issuers.

 Some of the performance and risk data presented may start before the share class was launched. If so, the data prior to the launch date of the share class is based on the fund or share class that has similar or higher charges, in order to provide an indication of longer term performance and risk. Please refer to the launch date and performance start date in the fund factsheet to determine whether the data has been extended.Past Performance and Risk & Volatility figures are presented in British Pounds Sterling (GBP). Fund returns are calculated on a Nav to Nav or Bid to Bid basis with income reinvested either after tax (for UK-domiciled funds) or gross of tax (for offshore funds). Performance figures include the effect of the OCF/TER. To cover distribution costs a separate service fee is now also charged on most funds, which is not included in the past performance figures. Consequently the past performance of the fund may be less than that shown on the chart due to the effect of the service fee.

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