Top 10 Alternative Energy Mutual Funds
Every socially responsible individual knows that it’s good to plan for the future and invest in healthier environment for generations to come. Lately, we have bee hearing a lot about alternative energy that could be obtained by converting sun’s powerful rays or wind’s mighty gusts into electricity for everyday consumption. We have also seen a plethora of green companies entering and exiting the market over the recent years creating a rather volatile investment market for alternative energy investment.
How could an average person with small investment portfolio be kind to the planet while ensuring personal investment growth in a high risk market of green investments? The answer is investing in alternative energy mutual funds.
If you feel strongly about investing in green market sector but don’t feel confident researching individual renewable energy companies, alternative energy mutual funds are the way to go. All alternative energy mutual funds are run by stock market professionals who possess incredible analytical and business expertise necessary to weed through a large selection of renewable energy companies to find truly promising picks for the future. Most green mutual funds create a strong well-diversified portfolio by investing in a number of companies involved in multiple renewable energy sources like solar, wind, biomass, geothermal and others.
Listed below we present the best rated mutual funds that entirely base their investment portfolio on companies who are involved in research and development of new technologies to put abundant sun, wind, ocean and geothermal wonders of the Earth to produce cleaner energy and reduce devastating global warming effects.
1. Winslow Green Mutual Fund (WGGFX)
2. New Alternatives Fund (NALFX)
3. Guinness Atkinson Alternative Energy Fund (GAAEX)
4. Calvert Global Alternative Energy (CGAEX)
5. New Alternative Fund (NALFX)
6. Alger Green Fund (SPEGX)
7. Portfolio 21 (PORTX)
8. First Trust Nasdaq Clean Edge Green Energy Index Fund (QCLN)
9. First Hand Alternative Energy Fund (ALTEX)
10. DWX Climate Change Fund (WRMAX/ WRMSX)
This information is presented to you for information purposes and for your further research. Please be advised that before making any kind of investments with renewable energy mutual funds, it is necessary to gain strong understanding of profile, investment objectives and goals of each individual fund. In addition, investing into alternative energy funds carries higher costs associated with load fees, membership charges and various expenses that might vary from one fund to another.