Guinness Alternative Energy Fund

robp

Any thoughts about this fund?

I've been looking at bringing an AEF into my pension for a while now.

So far Merrill's AE Investment Trust and Jupiter Ecology were the two I had lined up, but this Guinness Fund looks to have done well in the USA, so could be promising here too.

The Guinness chap used to run the Investec Energy Fund, which I understand has a good history.

Nice to have my favourite tipple mentioned in my pension too!

Cheers,

Rob

robp

To answer my own question...

HL just called me and said this has a minimum investment of around $200,000 and acts like a Hedge Fund. Therefore it is not likely to appear as a Fund that anyone can add to their pension (and definitely not ISA), unless a) have lots of money or b) are willing to fill in lots of paperwork.

meester

Um, 200k would be the offshore version.

They just launched a UK retail version.

The minimum direct investment would be £10k with Guinness directly, or £1k in a fund supermarket.

The initial charge via the supermarket they suggest, Funds Direct, is 0.75%

HL just need to bring the fund onto their platform.

Would suggest contacting them again.

robp

Thanks.

I'll keep an eye on the HL site for any updates.

Saw it's available on Fundsdirect platform, and had originally spotted the fund on Working Lunch.

Guess HL need to get round to meeting them and doing some sort of deal.