Guinness Sustainable Energy Fund

The fund aims to increase the value of the amount you invest in it over a period of years. The fund invests in the shares of a range of companies in the sustainable energy industry. Sustainable energy means energy not requiring fossil fuels like oil or coal. Sustainable investments are defined as those investments i) that contribute towards global decarbonisation and ii) that do not significantly harm other sustainable investment objectives and iii) that follow good corporate governance practices. The fund intends to invest at least 80% of its net assets in equity securities of globally based companies involved in sustainable energy or energy technology sectors. Sustainable energy includes, but is not limited to energy derived from such sources as solar or wind power, hydroelectricity, tidal flow, wave movements, geothermal heat, biomass or biofuels. Energy technology includes technologies that enable these sources to be trapped and also various manners of storage and transportation of energy, including hydrogen and other types of fuel cells, batteries and flywheels, as well as technologies that conserve or enable more efficient use of energy. Under normal market conditions the fund intends to invest in at least 25 stocks. The fund invests 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 Index (the “Benchmark”) by virtue of the fact that it uses the Benchmark solely for performance comparison purposes.