Jun

20

Renewable Energy Investments

Posted by cameron

June 20, 2007 |

I wonder how many of us think the future for renewable energy is bright. I know I do. What is different now of course is the absolute belief that global warming is a big problem, whether man-made or not. There is also a sense that big oil, from Saudi Arabia to Texas, is ripping us off. If there ever was a time, this is it. I have written before about the small things I can do in my own little world. There is something else we can all do; make money out of it. I know that big money people are investing in renewable energy of all types. So how can a little guy like me get a piece of that action? I Googled “Renewable Energy Mutual founds” and found a couple of mutual funds that have renewable energy as a focus. They are “New Alternative Fund” and “Guinness Atkinson Alternative Energy Fund”. I find it interesting that I can only find two and none of the major mutual fund investment companies are in this yet. If anyone knows of any please leave a comment.

New Alternative Fund

This fund has been around a while and has ticker symbol NALFX. You can get performance information here at MSN Money. The official fund website is here.

Guinness Atkinson Alternative Energy

This is a relatively new fund with symbol GAAEX. Go here for performance info at MSN Money. The official website is here.

New Alternative looks interesting.


Comments

1 Comment so far

  1. gmack on June 23, 2007 9:27 am

    What I’ve noticed is a huge push to go “green” in the corporate world. I think there are big opportunities here to make make a little money and help our planet’s future. That’s a nice win win

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