Surging global energy demand. A finite supply of fossil fuels that’s increasingly costly to obtain – both in terms of expense and the environment. With powerful drivers like these, we think an alternative energy revolution is underway.

Now you can participate in the global shift to alternative energy and renewable energy by investing in companies that explore, harness and store solar, wind, hydroelectric, tidal wave, geothermal, biomass and biofuel energy. Our Alternative Energy Fund also invests in companies that develop technology for conserving or enabling more efficient energy use.

Alternative Energy Fund through 06/30/2014
Avg. Annualized
Total Return
Calendar YTD 1 Year 3 Years 5 Years 10 Years Since
Inception
Monthly through
06/30/2014
12.03% 43.27% -3.15% -5.20% n/a -10.28%
Quarterly through
06/30/2014
12.03% 43.27% -3.15% -5.20% n/a -10.28%
Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance of the Funds may be lower or higher than the performance quoted. Total returns reflect a fee waiver in effect and in the absence of this waiver, the total returns would be lower. Performance data does not reflect the 2% redemption fee for shares held less than 30 days and if deducted the fee would reduce the performance quoted.

Fund holdings and/or sector allocations are subject to change at any time and are not recommendations to buy or sell any security.

FUND HOLDINGS (as of 06/30/2014)
1.China Singyes Solar Technologies Holdings Ltd. 5.43%
2.Mytrah Energy Ltd. 4.86%
3.WaterFurnace Renewable Energy Inc. 4.82%
4.Nordex SE 4.34%
5.SunPower Corp. 4.22%
6.Theolia SA 3.92%
7.Yingli Green Energy Holding Co. Ltd. 3.86%
8.Cia Energetica de Minas Gerais 3.86%
9.Gamesa Corp Technologica SA 3.80%
10. JA Solar Holdings Co. Ltd. 3.72%
TOP INDUSTRY SECTORS (as of 06/30/2014)
Wind 53.12%
Solar 25.73%
Efficiency 10.88%
Hydro 6.93%
Geothermal 3.65%
Biofuels 1.31%
GEOGRAPHIC WEIGHT (as of 06/30/2014)
China 25.59%
United States 15.71%
Spain 10.39%
Canada 9.74%
Denmark 7.06%
Hong Kong 5.43%
India 4.86%
Germany 4.34%
France 3.92%
Brazil 3.86%
Edward Guinness
Fund Manager

“I can see the potential for 10 to 20 years of strong growth across the renewable energy industry. Energy supply may be the most pressing issue facing the planet today.“

It’s important to Edward Guinness to be part of a company that sets itself apart by thinking creatively. Edward manages our Alternative Energy Fund, which provides one of the best opportunities for the company to leverage its creative mindset. Increase in global energy supply is essential for continued improvements to living…

Read more of Edward Guinness's background >

“I can see the potential for 10 to 20 years of strong growth across the renewable energy industry. Energy supply may be the most pressing issue facing the planet today.“
Edward Guinness Fund Manager

It’s important to Edward Guinness to be part of a company that sets itself apart by thinking creatively. Edward manages our Alternative Energy Fund, which provides one of the best opportunities for the company to leverage its creative mindset.

Increase in global energy supply is essential for continued improvements to living standards throughout the world.  And with the prospect of electric vehicles, we expect electricity consumption in 20 years to be considerably higher than forecast today by the International Energy Agency, as historic demand forecasts have usually proved to be conservative.

Edward watches market trends unblinkingly, paying particular attention to new developments, resource shifts and innovations relating to alternative as well as mainstream energy. His experience and insight in identifying trends and his ability to combine forward thinking with traditional values such as hard work and discipline make him a good match for this fund.

Trend not to be overlooked: Growth in global electricity demand.

Edward's Funds:
Alternative Energy Fund >
Quick Stats

2013 Became Lead Manager of the Alternative Energy Fund

2007 Became co-manager of the Alternative Energy Fund

2006  Joined Guinness Atkinson

2003  Worked as merger arbitrage analyst for the Arbitrage Associates Fund at the Tiedemann Investment Group in New York

1998  Joined HSBC Investment Bank, where he worked in the Corporate Finance Department in the Energy & Utilities Team and in the Telecoms & Technology Team

1998  Graduated from Cambridge University with a Masters degree in Engineering and Management Studies

 

The Advisor has contractually agreed to reduce its fees and/or pay Fund expenses (excluding Acquired Fund Fees and Expenses, interest, taxes, dividends on short positions and extraordinary expenses) in order to limit the Fund’s Total Annual Operating Expenses to 1.98% through June 30, 2015.  To the extent that the Advisor waives its fees and/or absorbs expenses to satisfy this cap, it may seek repayment of a portion or all of such amounts at any time within three fiscal years after the fiscal year in which such amounts were waived or absorbed, subject to the 1.98% expense cap.