Fact sheet: Guinness Global Energy

Fund information
Fund name
Guinness Global Energy X GBP
Fund manager company
Guinness Asset Management Ltd
Fund type
OEIC
Fund managers
  • Will Rileysince 28/03/2008
  • Jonathan Waghornsince 08/09/2013
  • Tim Guinnesssince 28/03/2008
Fund objective
The investment objective of the fund is to provide investors with long-term capital appreciation by investing in public listed equities of companies engaged in the exploration, production or distribution of oil, gas and other energy sources.
Benchmark
  • MSCI World Energy
Investment style
None
Investment method
Shares
Quick stats
1 Year return
48.6%
1 Year rank in sector
-
Sector
FO Commodity & Energy
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1.24%
Fund size
£296m (£199m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
170
Top in this sector
Fund name1 Year
EGI Earth Gold105.2%
LLB Craton Cap Precious Metal92%
LLB Craton Capital Gbl Res88.7%
Baring Global Mining68.5%
SIA Long Term Invest Nat Res65.3%
...more in FO Commodity & Energy

Performance snapshot

Holdings snapshot

  • USA50.8%
    Canada10.8%
    China9.6%
    UK7.4%
    Austria3.7%
  • Oil & Gas - Integrated46.6%
    Oil & Gas Exploration & Production38%
    Oil & Gas Equipment & Services8.8%
    Oil & Gas3.9%
    Alternative & Renewable Energy2.8%
  • Commodity & Energy100.1%
    Money Market-0.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund7.6%14.7%22.9%48.6%-1.3%13.4%
Sector3.6%0.1%4.4%19.3%-9.2%-21.9%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund48.1%-23.4%-14%22.1%-1.6%
Sector22.6%-19.8%-9%-6.6%-3.4%
Rank within sector-----
Quartile
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
4.79
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
1.16
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-0.01
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
21.01
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
13.37
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
0.23
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.61
Price movement
52 week high10.69
52 week low6.1
Current bid price-
Current offer price-
Current mid price10.69
Region
1USA50.8%
2Canada10.8%
3China9.6%
4UK7.4%
5Austria3.7%
6Italy3.6%
7Netherlands3.6%
8Norway3.6%
9France3.5%
Industry sector
1Oil & Gas - Integrated46.6%
2Oil & Gas Exploration & Production38%
3Oil & Gas Equipment & Services8.8%
4Oil & Gas3.9%
5Alternative & Renewable Energy2.8%
6Money Market-0.1%
Asset type
1Commodity & Energy100.1%
2Money Market-0.1%
Individual holdings
1VALERO ENERGY CORP(NEW)3.9%
2SUNCOR ENERGY INC(NEW)3.8%
3CHEVRON CORP3.7%
4CONOCOPHILLIPS3.7%
5OMV AG3.7%
6BP PLC3.6%
7ENI3.6%
8ROYAL DUTCH SHELL3.6%
9STATOIL ASA3.6%
Management
Fund manager group
Guinness Asset Management
Fund manager company
Guinness Asset Management Ltd
Fund type
OEIC
Fund objective
The investment objective of the fund is to provide investors with long-term capital appreciation by investing in public listed equities of companies engaged in the exploration, production or distribution of oil, gas and other energy sources.
Benchmark
  • MSCI World Energy
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Will Riley28/03/2008Will joined Guinness Asset Management in May 2007, and is co-manager of Guinness Global Energy Fund and the Guinness Global Money Managers Fund. Prior to joining Guinness, Will was employed by PricewaterhouseCoopers for six years, first in the London Middle Market Assurance Team, then as a valuation specialist in the Valuation & Strategy division. Will qualified as a Chartered Accountant in 2003 and graduated from the University of Cambridge with a Master's Degree in Geography.
Jonathan Waghorn08/09/2013Jonathan Waghorn joined Guinness Asset Management in September 2013 and is co-manager of Guinness Global Energy Fund. He has 18 years’ experience in the energy sector, starting as a drilling engineer, then an energy consultant with Wood Mackenzie, before becoming co-head of Goldman Sachs energy equity research in 2000. He then succeeded Tim Guinness as co-manager on the Investec Global Energy Fund in 2008.
Tim Guinness28/03/2008Tim Guinness has served as Chairman and Chief Investment Officer of both Guinness Asset Management and Guinness Atkinson Asset Management (US) since the firms were founded. Tim is co-manager of the Guinness Global Energy Fund and the Guinness Global Money Managers Fund. Tim graduated from Cambridge University with a degree in engineering. He then completed a Master's Degree in Management Science at the Sloan School M.I.T. in the United States.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Distributor Status, IA Recognised, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Finland, France, United Kingdom, Ireland, Italy, Luxembourg, Offshore, Singapore
Guinness Global Energy A USD
Initial charge-
Annual charge1%
Min single investment£200,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.49%
Total expense ratio (TER)1.49%
Bid price-
Offer price-
Mid price8.2444
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBEZ6
Guinness Global Energy B USD
Initial charge5%
Annual charge1.5%
Min single investment£20,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.99%
Total expense ratio (TER)1.99%
Bid price-
Offer price-
Mid price7.988
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBEZ7
Guinness Global Energy C EUR
Initial charge5%
Annual charge1.5%
Min single investment£5,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.99%
Total expense ratio (TER)1.99%
Bid price-
Offer price-
Mid price9.3944
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJXMB
Guinness Global Energy C GBP
Initial charge5%
Annual charge1.5%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.49%
Total expense ratio (TER)1.99%
Bid price-
Offer price-
Mid price11.5686
CurrencyGBP
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeD6F9
Guinness Global Energy D EUR
Initial charge-
Annual charge1%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.49%
Total expense ratio (TER)1.49%
Bid price-
Offer price-
Mid price11.606
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeD6G0
Guinness Global Energy E USD
Initial charge-
Annual charge0.75%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.24%
Total expense ratio (TER)1.24%
Bid price-
Offer price-
Mid price8.7424
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeD6G1
Guinness Global Energy X GBP
Initial charge-
Annual charge0.75%
Min single investment£5,000,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.24%
Total expense ratio (TER)1.24%
Bid price-
Offer price-
Mid price10.6946
CurrencyGBP
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0VNK
Guinness Global Energy X USD
Initial charge-
Annual charge0.75%
Min single investment£10,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.24%
Total expense ratio (TER)1.24%
Bid price-
Offer price-
Mid price7.4246
CurrencyUSD
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeJXMC
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.