By Harris Roen
Alternative Energy Mutual Fund Recovering
Alternative energy mutual funds are continuing to recover from a slump which started in fall 2014. Annual returns range greatly, though, from a high of 15.6% for Brown Advisory Sustainable Growth (BIAWX), to a low of -15.8% for Guinness Atkinson Alternative Energy (GAAEX). The large 12-month drop by GAAEX was precipitated by painful losses in some of its top weighted holdings…
Alternative Energy ETFs Remain Volitile
Green ETFs are showing a wide variety of returns, reflecting the volatility of the renewable energy sector. Less than 20% of ETFs have had gains in the past 12 months, with returns ranging from a gain of 28.5% for iPath Global Carbon ETN (GRN), to a loss of -48.1% for First Trust ISE-Revere Natural Gas Index Fund (FCG). ETFs have fared much better over the past three months. A little more than half of the funds ended in the black, averaging a gain of 3.8%…
About the author
Harris Roen is Editor of the “ROEN FINANCIAL REPORT” by Swiftwood Press LLC, 82 Church Street, Suite 303, Burlington, VT 05401. © Copyright 2010 Swiftwood Press LLC. All rights reserved; reprinting by permission only. For reprints please contact us at firstname.lastname@example.org. POSTMASTER: Send address changes to Roen Financial Report, 82 Church Street, Suite 303, Burlington, VT 05401. Application to Mail at Periodicals Postage Prices is Pending at Burlington VT and additional Mailing offices.
Remember to always consult with your investment professional before making important financial decisions.