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The Guinness Atkinson Global Energy Fund commits a minimum of 80% of its net capital, alongside any borrowed funds used for investment, to publicly traded shares. These investments target both U.S. and international companies whose core business activities involve the energy sector, specifically encompassing the production, exploration, discovery, or distribution of energy. This also includes entities engaged in the research, development, or generation of alternative energy sources. The fund seeks out companies with economic connections to the United States and various global economies, with the potential to include those domiciled in or listed on exchanges within developing markets.
PASADENA, Calif.--(BUSINESS WIRE)--Guinness Atkinson Asset Management today announced the launch of the SmartETFs Smart Transportation & Technology ETF (NYSE: MOTO), an actively managed global investment strategy designed to provide investors with dedicated exposure to the innovative companies shaping the future of transportation. The Smart ETFs Smart Transportation & Technology ETF will be co-managed by Will Riley and Jonathan Waghorn, both current portfolio managers with Guinness Atkinson Asset Management. The principle investment objective of the SmartETFs Smart Transportation & Technology ETF is long-term capital appreciation through the investment in companies directly involved in the delivery of products or services relating to autonomous and/or electric vehicles. The actively managed ETF will hold 35 equity positions of approximately equal weight, a signature investment approach of Guinness Atkinson’s fund strategies, and will have a global mandate. “We are thrilled to offer investors a strategy to participate in the shift already under way in the global transportation sector,” said Jim Atkinson, CEO of Guinness Atkinson Asset Management. “The rise of electric vehicles as the preference of choice for global consumers, combined with these vehicles achieving full autonomy, will present an array of new investment opportunities as consumers reevaluate their relationship with transportation." Research from Guinness Atkinson finds that electric vehicles will increasingly replace internal combustible engines. Additionally, the firm expects that autonomous vehicles will become increasingly commonplace. The convergence of these two technologies becoming mainstream will transform how consumers interact with and consume transportation and launch new industries such as “autonomous transportation as a service,” which has the potential to grow into a $1.75 trillion market over the next decade. These transformative shifts will create many new investable opportunities for growth-oriented investors, which the SmartETFs Smart Transportation & Technology ETF aims to capitalize on. For more insights into smart transportation trends and their investment implications, readers can access Guinness Atkinson’s white paper on this topic here: https://smartetfs.co/SmartTransportationRevolution “Investors are right to be excited by potential opportunities emerging from the smart transportation revolution,” said Mr. Atkinson. “Like any investment theme, there will be some excellent opportunities and also intense competition, which is why we felt an actively managed strategy, backed by our deep experience of investing in similar themes, such as global innovation and alternative energy, provides investors with a sensible approach to participate in this space.” The Smart ETFs Smart Transportation & Technology ETF will provide investors with broad-based exposure to smart transportation investment themes. This may include investments in companies that develop or deliver related technologies that facilitate or support automated or intelligent transportation, including hardware and software, as well as technologies that support driver assistance programs, mapping technologies and artificial intelligence. Companies that service electric or autonomous vehicles or provide infrastructure for such vehicles will also be considered for investment, as will companies that utilize such technologies to support other business models, such as delivery services. The portfolio management team of Will Riley and Jonathan Waghorn will bring established portfolio management experience of actively managed, global sector strategies to the new fund. Will Riley and Jonathan Waghorn currently serve as the co-managers of the Guinness Atkinson Global Energy Fund (GAGEX) and Guinness Atkinson Alternative Energy Fund (GAAEX). Joining Guinness Atkinson as analyst in 2007, Will Riley has served as portfolio manager since 2010. Jonathan Waghorn has over 20 years of experience in the energy sector analysis and investing and over a decade of portfolio management experience, having served as Investec Global Energy fund manager between 2008 and 2013 and becoming portfolio manager of Guinness Atkinson funds in 2013. The Smart ETFs Smart Transportation & Technology ETF will trade on the NYSE Arca exchange under the symbol MOTO. The fund will be available at most major brokerage firms including Charles Schwab, Fidelity T.D. Ameritrade. The fund will have an expense ratio of 0.68%. About SmartETFs SmartETFs are a family of exchange traded funds that focus on four mega themes that are driving change: Innovation, the Rise of Asia, Demographics, and Social Progress. Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus, please call (866) 307-5990 or visit our website at www.SmartETFs.com. Read the prospectus carefully before investing. You can lose money investing in the SmartETFs Smart Transportation ETF. Investing in the Fund may be more risky due to the increased volatility of foreign markets and emerging technologies. Funds distributed by Foreside Fund Services, LLC.
WOODLAND HILLS, Calif.--(BUSINESS WIRE)--Guinness Atkinson Asset Management is pleased to announce that the Guinness Atkinson Global Energy Fund (GAGEX) has received a Lipper Fund Award for best 5-year, risk adjusted performance among 27 global natural resources funds for the period ending 11/30/2013. The fund, which is co-managed by Tim Guinness, Will Riley and Jonathan Waghorn, was best in its category for demonstrating consistently strong risk-adjusted returns compared with its peers. Lipper, a Thomson Reuters company, presented the award to Guinness Atkinson at a ceremony in New York on March 20, 2014. “We are honored to have our team’s long-term and disciplined investment approach recognized with this prestigious award,” said Tim Guinness, founder and chief investment officer of Guinness Atkinson Asset Management and lead manager of the Global Energy Fund. Mr. Guinness, a 25-year energy investing veteran, continued, “We believe this honor is the result of the strength and thoroughness of our analysis of energy trends, our rigorous and intelligent investment process, and our focus on value. Our portfolio is a concentrated reflection of our ‘best ideas,’ and we are pleased that our high-conviction approach has led to success for our investors.” Guinness Atkinson Funds are based on several core investment themes that seek to capitalize on the rapid changes in the global landscape, with a particular focus on human progress and how it will reshape the global economy. Harnessing energy has been at the heart of the transforming growth in the global economy over the last two hundred years. The Global Energy Fund seeks long-term capital appreciation by investing in companies engaged in the production, exploration, discovery or distribution of oil, gas and other traditional energy sources, as well as alternative energy. The investment team’s proprietary research evaluates and ranks the more than 350 energy stocks in the fund’s principal investment universe to assess how those companies could benefit from the growing global demand for energy and whether their growth potential and valuations make them suitable for the fund’s focused portfolio. The firm is recognized as a thought leader in the energy investing space, frequently conducting analysis and publishing research that informs their view of the sector. The most recent Global Energy outlook closely examines the oil and natural gas markets, and considers how factors such as supply and demand and inflation are impacting the sector. In addition to the Global Energy Fund, Guinness Atkinson also offers an Alternative Energy Fund and a Global Innovators Fund that invests in companies benefiting from advances in technology, communication and globalization. The firm also manages several Asia-focused strategies and a dividend strategy that is based on thorough analysis that looks at more than just the highest dividend yield. About Guinness Atkinson Guinness Atkinson Funds are designed to help investors capitalize on the profound rate of innovation and change that characterize the 21st century, including long term global trends such as the traditional and alternative energy sources that fuel economic development, the development of emerging Asian markets, and the continually transforming corporate landscape. Optimistic about these global trends, Guinness Atkinson invests in human progress. About Lipper Fund Awards The Lipper Fund Awards are part of the Thomson Reuters Awards for Excellence, a global family of awards that celebrate exceptional performance throughout the professional investment community. The Thomson Reuters Awards for Excellence recognize the world's top funds, fund management firms, sell-side firms, research analysts, and investor relations teams. For more information, please contact markets.awards@thomsonreuters.com or visit excellence.thomsonreuters.com. Past performance does not guarantee future results. Visit www.gafunds.com for fund performance. The Fund's investment objectives, risks, charges and expenses must be considered carefully before investing. The statutory and summary prospectuses contain this and other important information and can be obtained by calling 800-915-6565 or visiting www.gafunds.com. Read and consider it carefully before investing. Mutual fund investing involves risk. Principal loss is possible. The Fund invests in foreign securities which will involve political, economic and currency risks, greater volatility, and differences in accounting methods. The Fund is non-diversified meaning its assets may be concentrated in fewer individual holdings than diversified funds. Therefore, the Fund is more exposed to individual stock volatility than diversified funds. The Fund also invests in smaller companies, which will involve additional risks such as limited liquidity and greater volatility. A Lipper Fund Award is awarded to one fund in each Lipper classification for achieving the strongest trend of consistent risk-adjusted performance against its classification peers over a three, five or ten-year period. Although Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Lipper. Lipper Analytical Services, Inc. is an independent mutual fund research and rating service. Quasar Distributors, LLC
WOODLAND HILLS, Calif.--(BUSINESS WIRE)--Guinness Atkinson Asset Management, advisor to the Guinness Atkinson funds, today announced the launch of the Renminbi Yuan & Bond Fund (GARBX), the first traditional open-end mutual fund to invest directly in bonds denominated in the Chinese currency, Renminbi (RMB). The fund will be managed by Edmund Harriss, the company’s veteran China fund manager who has also managed the Guinness Atkinson China & Hong Kong Fund (ICHKX) since 1998. The June 2011 issue of Asia Brief published by Guinness Atkinson provides a detailed overview of the Renminbi bond market. “We are pleased to bring our long-time China investing experience to this exciting new asset class, providing investors with an additional way to participate in the world’s second largest economy during this new stage of its development,” said Jim Atkinson, CEO of Guinness Atkinson Asset Management. “As China begins to promote an internationally tradable currency, this fund should appeal to emerging market bond fund investors looking to diversify their currency exposure while seeking a way to participate in China’s bond market,” he added. The fund’s investment strategy combines evaluation of global macroeconomic conditions with in-house credit analysis based on study of company fundamentals. The fund will employ proprietary modelling screens to support the portfolio management team’s credit analysis. The strategy’s active approach and structure as a mutual fund provides the portfolio management team with a high level of flexibility in executing buy and sell decisions in changing market conditions. China’s credit and currency markets have seen gradual but dramatic changes over the last several years. A series of administrative changes in Chinese policy from 2009 has enabled and encouraged companies to settle trade in Renminbi (RMB) and not US Dollars. Since the latest amendment to these changes, which expanded companies abilities to trade in RMB in July 2010, RMB deposits have grown at an astonishing pace. Many companies now prefer to settle trade in RMB, which is on a rising trend against the dollar. These agreements have created a framework which, driven by the sheer weight of China’s global economic presence, resulted in a new functioning foreign exchange market in RMB, in less than nine months. The growing pool of RMB deposits together with the permissions granted in the July 2010 agreement have now opened the way for companies to tap this pool for debt funding. Several multinational corporations, including Caterpillar Inc. (CAT), McDonald's Corporation (MCD) and Unilever plc (UL) have issued bonds in this emerging market. “The rapid growth in these debt instruments issued by corporations, both Chinese and overseas, has surprised most onlookers, making it now not only possible but practical for US investors to buy them,” said Edmund Harriss, portfolio manager of the fund. “Our belief is that the RMB may continue to appreciate against the US dollar based on the strength of China’s trade position and on the relative strength of its national indebtedness compared to the US and Europe. The demand for these instruments is clear as new issuance has been healthy, and the variety and quantity of issues has continued to grow from both Asia and the West.” About Guinness Atkinson Asset Management The Guinness Atkinson family of funds is designed to help investors capitalize on innovation and profound change, including long term global trends such as the development of emerging Asian markets, the transformation of the manufacturing economy to a New Economy and the long-term rise in energy prices. The Guinness Atkinson Renminbi Yuan & Bond Fund (GARBX) joins a suite of Asia equity strategies including the Asia Focus Fund (IASMX), the Asia Pacific Dividend Fund (GAADX) and China & Hong Kong Fund (ICHKX). Guinness Atkinson also offers two energy strategies, the Global Energy (GAGEX) and Alternative Energy (GAAEX) Funds, in addition to the Global Innovators Fund (IWIRX). The Funds’ investment objectives, risks, charges and expenses must be considered carefully before investing. The statutory and summary prospectuses contain this and other important information about the investment company, and they may be obtained by calling 800-915-6565, or visiting gafunds.com. Read it carefully before investing. Mutual fund investing involves risk and loss of principal is possible. Investments in foreign securities involve greater volatility, political, economic and currency risks and differences in accounting methods. Non-diversified funds concentrate assets in fewer holdings than diversified funds. Therefore, non-diversified funds are more exposed to individual stock volatility than diversified funds. Investments in debt securities typically decrease in value when interest rates rise, which can be greater for longer-term debt securities. The Fund may invest in derivatives which involves risks different from, and in certain cases, greater than the risks presented by traditional investments. Diversification does not assure a profit nor protect against loss in a declining market. As of 6/30/2011 the fund held no positions in Caterpillar, Inc., McDonald’s Corp., or Unilever PLC. Fund holdings and sector allocations are subject to change and should not be considered a recommendation to buy or sell any securities. Distributed by Quasar Distributors, LLC