Guinness Global Energy Fund / Guinness Asset Management Limited on Kinder Morgan Inc.
Thesis
Kinder Morgan is one of the fund's four North American midstream holdings. Guinness expects hydrocarbon demand in the US and Canada to grow over the next five years, with natural gas especially important. Against that backdrop, the managers believe Kinder Morgan is well placed to execute pipeline and energy-infrastructure expansion plans.
“we believe each company is well placed to execute its pipeline and energy infrastructure expansion plans.”