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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article are of a general nature and are not to be considered
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Harris Roen is Editor of the “ROEN FINANCIAL REPORT” by
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