Guinness Global Equity Income Y Dis

The fund aims to increase the value of the amount you invest in it over a period of years and to pay out income to you. To do this the fund invests in the shares of a range of companies around the world which are expected to provide a higher than average income.
The fund invests in a portfolio of global equities providing an above average yield (i.e. a higher yield than the yield of the overall global equity market), however, the fund may also invest, to a limited extent, in other instruments such as government bonds and corporate fixed income securities of investment grade rating. Under normal market conditions the fund intends to invest in at least 20 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 bulk of the fund’s investments will however be concentrated in liquid shares of companies with a market capitalisation in excess of $1billion. The fund is considered to be actively managed in reference to the MSCI World Index (the “Benchmark”) by virtue of the fact that it uses the Benchmark solely for performance comparison purposes.