The Bull Market For Alternative Energy Funds Continues
Robust Alternative Energy Mutual Fund Returns
Alternative energy mutual funds remain a strong investment sector, showing extremely robust returns in June. On average, MFs gained 28.1% for the year, and every fund posted double digit returns. Also without exception, all funds are up for the past three months.
More importantly, long-term returns for alternative energy mutual
funds have greatly improved in the past year. In June 2013, the
average three-year return was 3.0%, with three out of 10 funds
Green ETFs Increase Gains
There is only one fund showing a loss for the year, Market
Vectors Rare Earth/Strategic Metals (REMX).
Otherwise all ETs have returned near 20% or better for the year.
The two solar ETFs, Guggenheim Solar (TAN)
and Market Vectors Solar Energy ETF (KWT)
show the greatest gains by far.
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Press LLC do not own or control shares of any companies mentioned
in this article. It is also possible that individuals may own or
control shares of one or more of the underlying securities
contained in the Mutual Funds or Exchange Traded Funds mentioned
in this article. Any advice and/or recommendations made in this
article are of a general nature and are not to be considered
specific investment advice. Individuals should seek advice from
their investment professional before making any important
for more information.
About the author
Harris Roen is Editor of the “ROEN FINANCIAL REPORT” by
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