Guinness Global Equity Income fund awarded an Elite Rating

Guinness Global Equity Income has been awarded an Elite Rating. Co-managed by Matthew Page and Dr. Ian Mortimer, it is the first fund from boutique investment house Guinness Asset Management Ltd to gain the accolade.

The fund aims to provide investors with both income and capital appreciation and typically consists of around 35 equally-weighted stocks, which are held for three to five years. This means that investments are very different from the benchmark index. It is currently yielding 2.7%.

Ryan Lightfoot-Brown, research analyst at FundCalibre, commented: “We believe the managers’ focus on first choosing the right companies, rather than filtering by dividend yield, gives them a greater chance of finding hidden stock gems. They look for growing, rather than high, income and the equally-weighted portfolio also sets the fund apart from many of its peers.”

The views of the author and any people interviewed are their own and do not constitute financial advice. However the knowledge that professional analysts have analysed a fund or trust in depth before assigning them a rating can be a valuable additional filter for anyone looking to make their own decisions. Before you make any investment decision make sure you’re comfortable and fully understand the risks. If you invest in fund or trust make sure you know what specific risks they’re exposed to. Past performance is not a reliable guide to future returns. Remember all investments can fall in value as well as rise, so you could make a loss.