Falling fossil fuel prices have hampered 2014 returns for alternative energy mutual funds. Returns are slightly down on average for the past three-month, with a third of funds showing losses. Monthly gains fared worse, with only 2 out of 14 funds in the black. One-year returns are flat on average, and range from a high of 8.3% for Gabelli SRI Green AAA (SRIGX), to a low of -14.3% for Guinness Atkinson Alternative Energy (GAAEX)…
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Alternative energy ETFs had a wide range of returns for 2014, but ended mostly down. Only 3 out of 17 ETFs showed gains, with the average ETF falling -5.7%. If the two outliers are removed, the outsized returns of iPath Global Carbon ETN (GRN) and severe drop of First Trust ISE-Revere Natural Gas Index Fund (FCG), alternative energy ETFs averaged down -7.3% for the year…
January 2015 Alternative Energy Mutual Fund & Exchange Traded Fund Reports
Subscribers please click on the images below to access this month’s report.
Investing in alternative energy companies through Mutual Funds and Exchange Traded Funds is an excellent way to create a diversified portfolio. The Roen Financial Report uses a proprietary system to rank open end Mutual Funds (MFs) and Exchange Traded Funds (ETFs) based on multiple criteria, including return, risk, sales and earnings ratios, tax costs and expenses. Rank 1 funds have the best rating relative to the other funds, and Rank 5 have the lowest.
Subscribers get access regularly updated detailed reports on MFs and ETFs. These in depth reports include valuable information such as which funds have the highest rankings, and why. Subscribers can also download an Excel file with full numbers and statistics on each MF and ETF in order to fully understand the benefits and pitfalls of each fund.
Understanding Mutual Funds and ETFs
There is a big difference between owning MFs and ETFs, and investors should be aware of what they are buying.
When purchasing an Mutual Fund, you are essentially hiring a professional money manager who is an expert in their respective investment field. This manager closely monitors investments and decides what should be bought or sold in accordance the fund’s objective. Because of this, MFs have a higher fee structure than ETFs.
Exchange Traded Funds act more like an index. Essentially, ETF holdings are not actively traded, but follow the underlying value of each investment in the ETF. This creates a fund that is very easy to manage and, as a result, has a low cost structure. Also, ETFs can follow an existing index. For example, iPath Global Carbon (GRN) is linked to the Barclays Capital Global Carbon Index, so that it follows the global price of carbon.
Remember to always consult with your investment professional before making important financial decisions.
Some of the information given in this publication has been produced by unaffiliated third parties and, while it is deemed reliable, Swiftwood Press LLC does not guarantee its timeliness, sequence, accuracy, adequacy, or completeness, and makes no warranties with respect to results obtained from its use. Data sources include, but are not limited to, Thomson Reuters, National Bureau of Economic Research, FRED® (Federal Reserve Economic Data), Morningstar, American Association of Individual Investors, MSN Money, sentimenTrader, and Yahoo Finance.
Hypothetical gain from portfolio recommendations from inception. It should not be assumed that recommendations made in the future will be profitable or will equal the performance of the securities contained within this list. Always consult your financial professional before investing.