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Guinness Global Energy B Ret USD

Ranked 14 out of 24 in - Energy over 12 months
All calculations are in GBP unless stated

Managed by

Tim Guinness

Tim Guinness studied engineering at Cambridge University and obtained a Masters degree in Management Science at the Sloan School MIT in the United States. He has over 35 years of experience as a fund manager and is the founder of Guinness Asset Management. Tim was joint CEO of Guinness Flight Global Asset Management from 1987 until the company’s takeover by Investec Asset Management in 1998 (of which he became chairman until 2003). Tim managed the Investec Global Energy Fund from 1998 until 2008, when he launched the Guinness Global Energy Fund. He also co-manages the Guinness Global Money Managers Fund.

Will Riley

Will Riley works at Guinness Asset Management where he runs equity strategies with a value investment style. Prior to joining Guinness in 2007, he worked for six years as a valuation specialist at PricewaterhouseCoopers. Will graduated from Cambridge University with a degree in Geography. Born and currently based in London, outside of fund management Will enjoys cricket.

Jonathan Waghorn

Jonathan Waghorn is a graduate of Bristol University. He holds a BA in physics and an MSc in semiconductor physics. He started his investment career as an oil and gas analyst for Wood Mackenzie. He then joined Goldman Sachs where he spent eight years as the joint head of energy research as well as an executive director. He joined Investec Asset Management in February 2008 as a portfolio manager and energy specialist in the global commodities and resources team alongside Mark Lacey.

Objective

The investment objective of the Fund is to provide investors with long-term capital appreciation. The Fund intends to invest 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.

Showing fund performance in United Kingdom View performance globally

Performance

Energy over : 31/03/2018 - 31/03/2019
  • Rank 14/24 Total Return
  • Rank 20/24 Standard Deviation
  • Rank 19/24 Max Drawdown

Total Return

Quarterly Performance

to 31/03/2019 Annual Q1 Q2 Q3 Q4
2019 12.3%
2018 -15.4% -8.2% 22.8% 1.6% -26.0%
2017 -10.5% -9.2% -12.0% 6.8% 4.9%
2016 51.4% 7.1% 18.7% 3.8% 14.7%
2015 -24.0% 1.7% -6.5% -21.5% 1.9%
2014 -14.7% 4.5% 10.9% -8.0% -19.9%
2013 21.2% 12.8% -3.0% 6.9% 3.6%
2012 -2.2% 4.2% -10.8% 7.9% -2.6%
2011 -13.7% 13.0% -6.4% -27.1% 11.9%
2010 18.0% 6.6% -13.1% 8.6% 17.5%
2009 43.1% -1.2% 14.5% 21.1% 4.4%
2008 24.9% -26.1% -17.7%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/01/2019

Top 10 Holdings

Stock Size
Valero Energy Corp ORD 3.91%
Gazprom PAO DR 3.88%
Eni SpA ORD 3.86%
OMV AG ORD 3.86%
Imperial Oil Ltd ORD 3.85%
Total SA ORD 3.84%
BP PLC ORD 3.82%
Equinor ASA ORD 3.81%
Royal Dutch Shell PLC ORD 3.80%
Suncor Energy Inc ORD 3.80%
31/01/2019

Registered For Sale In

  1. Austria
  2. Finland
  3. France
  4. Germany
  5. Ireland
  6. Liechtenstein
  7. Luxembourg
  8. Netherlands
  9. Norway
  10. Sweden
  11. Switzerland
  12. United Kingdom

Fund Info

  • Launch date28/03/2008
  • Share Class size54Mn
  • Base currencyUSD
  • ISIN IE00B2Q91V27

Purchase Info

  • Min. initial investment20,000
  • Min. regular additional investment20,000

Charges

  • Annual management1.50%
  • Initial investment2.00%

Related News

The oil stocks Guinness' Waghorn backs amid price slump

The Guinness Global Energy co-manager believes the majors will continue to pay dividends despite the sharp fall in the oil price.

Investec hires Guinness' Nelson & Newton's Whall for energy arm

Investec Asset Management has plugged the gap in its global energy team with the hires of Tom Nelson and Charles Whall from Guinness AM and Newton IM, respectively.

What next for oil amid Middle East tension?

Iran's threat to close the Strait of Hormuz is keeping the oil price high and jumpy, but analysts think long term bullishness relys too much on emerging market growth.

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).