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 11/30/2013
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10/31/2013 (OUT OF 94 FUNDS)
The Overall Morningstar Rating is derived from the weighted average of the fund's three-, five-, and ten-year (if applicable) performance metrics, which are based on risk-adjusted returns.
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Morningstar Ratings Disclosure
For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund’s monthly performance (including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in distribution percentages.)
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Fund holdings and/or sector allocations are subject to change at any time and are not recommendations to buy or sell any security.
|TOP INDUSTRY SECTORS (as of 10/31/2013)|
|GEOGRAPHIC WEIGHT (as of 10/31/2013)|
“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…
“The accelerating rate of change that is a part of our daily lives can be a challenge but this change can also present opportunities.“
Matthew Page, CFA foresees the day when we refer to alternative energy as simply energy. But until that moment arrives, he views renewable energy as one of the most distinctive and potentially rewarding investment opportunities available. As Co-Manager of the Alternative Energy Fund, Global Innovators Fund, and Inflation Managed Dividend Fund,…