Morningstar Fund Report  | 17/04/2025Print

Guinness Global Innovators Fund C EUR ACC

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Guinness Global Innovators Fund C EUR ACC
Fund21.3-21.630.720.6-6.7
+/-Cat6.7-3.514.65.4-0.2
+/-B’mrk3.2-2.68.3-3.41.9
 
Category: Global Large-Cap Growth Equity
Category Benchmark: Morningstar Gbl Growth TME ...
Key Stats
NAV
15/04/2025		 EUR 28.20
Day Change -0.05%
Morningstar Category™ Global Large-Cap Growth Equity
ISIN IE00BQXX3D17
Fund Size (Mil)
15/04/2025		 USD 1207.16
Share Class Size (Mil)
15/04/2025		 EUR 82.57
Max Initial Charge 5.00%
Ongoing Charge
19/04/2024		  1.93%
Investment Objective: Guinness Global Innovators Fund C EUR ACC
The investment objective of the Fund is to provide investors with long-term capital appreciation.
Returns
Trailing Returns (GBP)15/04/2025
YTD-12.15
3 Years Annualised8.22
5 Years Annualised12.76
10 Years Annualised10.69
12 Month Yield 0.00
Management
Manager Name
Start Date
Matthew Page
31/10/2014
Ian Mortimer
31/10/2014
Inception Date
31/10/2014

Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI World NR USDMorningstar Gbl Growth TME NR USD
Portfolio Profile for  Guinness Global Innovators Fund C EUR ACC31/03/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock98.280.0098.28
Bond0.000.000.00
Property0.000.000.00
Cash1.720.001.72
Other0.000.000.00
Top 5 Regions%
United States73.68
Eurozone9.68
Europe - ex Euro5.08
United Kingdom4.10
Asia - Emerging4.10
Top 5 Sectors%
Technology40.79
Financial Services16.45
Healthcare14.95
Communication Services10.37
Industrials9.93
Top 5 HoldingsSector%
Mastercard Inc Class AFinancial ServicesFinancial Services4.12
Visa Inc Class AFinancial ServicesFinancial Services4.10
London Stock Exchange Group PLCFinancial ServicesFinancial Services4.03
ANTA Sports Products LtdConsumer CyclicalConsumer Cyclical4.03
Intercontinental Exchange IncFinancial ServicesFinancial Services3.91
Increase Decrease New since last portfolio
Guinness Global Innovators Fund C EUR ACC
Growth Of 1000 (GBP) 31/03/2025
Fund:  Guinness Global Innovators Fund C EUR ACC
Category:  Global Large-Cap Growth Equity
Category Index:  Morningstar Gbl Growth TME NR USD
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-12.7630.0030.7721.26-21.5830.6520.58-6.75
+/- Category-8.015.777.076.70-3.5014.635.39-0.17
+/- Category Index---3.20-2.618.34-3.371.85
% Rank in Category92922197652453
Trailing Returns (GBP)15/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-0.05   -0.04-0.08
1 Week4.48   1.85-0.51
1 Month-8.87   -3.76-2.68
3 Months-15.25   -3.18-0.62
6 Months-9.15   -0.90-1.92
YTD-12.15   -1.910.10
1 Year-4.98   -0.85-5.38
3 Years Annualised8.22   4.691.52
5 Years Annualised12.76   4.421.99
10 Years Annualised10.69   2.290.43
 
Category: Global Large-Cap Growth Equity
Category Index: Morningstar Gbl Growth TME NR USD
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-6.75---
202412.945.24-3.575.20
202312.505.760.838.90
2022-9.22-13.22-0.800.35
20213.019.32-0.077.76
2020-10.7927.286.198.45
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearHighAbove Average4 star
5-YearHighAbove Average5 star
10-YearAbove AverageHigh4 star
Overall*HighHigh4 star
 
Category :  Global Large-Cap Growth EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev16.46 %
3-Yr Mean Return9.69 %
 
3-Yr Sharpe Ratio0.32
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar Gbl Growth TME NR USD  DJ Islamic World TR USD
3-Yr Beta1.121.18
3-Yr Alpha1.652.22
 
Investment Style Details31/03/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)USD 229387-
Market Capitalisation% of Equity
Giant51.37
Large41.45
Medium7.19
Small0.00
Micro0.00
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings22.711.01
Price/Book4.811.04
Price/Sales5.111.42
Price/Cash Flow16.171.03
Dividend-Yield Factor1.170.95
 
Long-Term Projected Earnings Growth11.201.03
Historical Earnings Growth14.421.09
Sales Growth8.510.91
Cash-Flow Growth15.181.26
Book-Value Growth9.280.81
 
Category: Global Large-Cap Growth Equity
Asset Allocation31/03/2025
Asset Allocation
 % Long% Short% Net Assets
Stock98.280.0098.28
Bond0.000.000.00
Property0.000.000.00
Cash1.720.001.72
Other0.000.000.00
World Regions31/03/2025
 % of EquityRelative to Category
United States73.681.12
Canada0.000.00
Latin America0.000.00
United Kingdom4.100.80
Eurozone9.680.90
Europe - ex Euro5.080.98
Europe - Emerging0.000.00
Africa0.000.00
Middle East0.000.00
Japan0.000.00
Australasia0.000.00
Asia - Developed3.350.91
Asia - Emerging4.101.42
 
Category: Global Large-Cap Growth Equity
Sector Weightings31/03/2025
 % of EquityRelative to Category
Consumer CyclicalConsumer Cyclical7.510.62
Financial ServicesFinancial Services16.451.10
HealthcareHealthcare14.951.09
Communication ServicesCommunication Services10.371.26
IndustrialsIndustrials9.930.89
TechnologyTechnology40.791.38
 
Category: Global Large-Cap Growth Equity
Top 10 Holdings31/03/2025
 Portfolio NEW
Total Number of Equity Holdings30
Total Number of Bond Holdings0
Assets in Top 10 Holdings38.13
NameSectorCountry% of Assets
Mastercard Inc Class A103United States4.12
Visa Inc Class A103United States4.10
London Stock Exchange Group PLC103United Kingdom4.03
ANTA Sports Products Ltd102China4.03
Intercontinental Exchange Inc103United States3.91
Netflix Inc308United States3.76
Medtronic PLC206United States3.68
AMETEK Inc310United States3.62
Roper Technologies Inc311United States3.44
Intuit Inc311United States3.43
 
Increase Decrease New since last portfolio
Category: Global Large-Cap Growth Equity
 
Management
Name of CompanyGuinness Asset Management Limited
Phone020 7222 5703
WebsiteGuinnessgi.com
Address18 Smith Square
 London   SW1P 3HZ
 United Kingdom
DomicileIreland
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date31/10/2014
Fund Advisor(s)
Guinness Asset Management Limited
Fund ManagerMatthew Page
Manager Start Date31/10/2014
Education
2004, University of Oxford, M.A.
 
Biography
Matthew Page is a co-manager of SmartETFs Dividend Builder ETF (and a co-manager of the predecessor mutual fund since March 2012) and Guinness AtkinsonTM Global Innovators Fund (since May 2010). He joined Guinness AtkinsonTM in September 2005, prior to which he was employed by Goldman Sachs from July 2004 to August 2005. He graduated from Oxford University with a Masters in Physics in June 2004. He has completed the IMC and is a CFA charterholder.
Fund ManagerIan Mortimer
Manager Start Date31/10/2014
Education
2006, University of Oxford, Ph.D.
2003, University College–London, M.S.
 
Biography
Dr. Ian Mortimer is a co-manager of SmartETFs Dividend Builder ETF (and a co-manager of the predecessor mutual fund since March 2012), and Guinness AtkinsonTM Global Innovators Fund (since May 2011). He joined Guinness AtkinsonTM as an analyst in December 2006. From September 2003 to December 2006, Dr. Mortimer completed a PhD in experimental physics at the University of Oxford. Dr. Mortimer graduated from University College London with a Masters in Physics in June 2003. He has completed the IMC and is a CFA charterholder.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Charge5.00%
Max Exit Charge*2.00%
Annual Charges
Max Annual Management Charge1.50%
Ongoing Charge1.93%
Purchase Details
Minimum Investments
Initial10000  EUR
Additional-
Savings-
Tax Free Savings Schemes
ISAsYes