Guinness Global Energy Y Cap EUR

The investment objective of the Fund is to provide investors with long-term capital appreciation. The Fund invests in the shares of a range of companies in the energy industry. This includes companies engaged in the exploration, production or distribution of oil, gas and other energy sources.The Fund invests at least 80% of its net assets in equity securities of globally based companies principally engaged in the production, exploration or discovery, or distribution of energy derived from fossil fuels and the research and development or production of alternative energy sources. Alternative energy includes, but is not limited to energy derived from such sources as solar or wind power, hydro-electricity, tidal flow, wave movements, geothermal heat, biomass or biofuels. The term "principally engaged" means that the company must derive at least 50% of its annual gross revenues from the activities listed above. Under normal market conditions the Fund intends to invest in at least 30 stocks.The Fund may invest in securities of companies with a wide range of market capitalizations and in companies domiciled throughout the world, including companies domiciled in or traded on Emerging Markets.The Fund is considered to be actively managed in reference to the MSCI World Energy Index (the "Benchmark") by virtue of the fact that it uses the Benchmark solely for performance comparison purposes.Derivatives (a contract the value of which depends on the value of one or more underlying assets) may be used to manage the risk profile of the fund, reduce cost or generate additional capital or income. Currency hedging arrangements may be used to reduce the risk of currency movements in the value of overseas investments held by the fund.You may sell your investment on any working day in Ireland and the UK. Any income the Fund receives will be reinvested to grow the value of your investment.

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No