2014 Alternative Energy Mutual Fund/ ETF Review
The January 2015 edition of Alternative Energy Mutual Funds & Exchange Traded Funds report is now available. Visit our Mutual Fund/ETF site to download your copy.
Alternative Energy Mutual Fund Returns Down
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)…
2014 Returns Range Widely for Alternative Energy ETFs
Alternative energy ETFs varied broadly 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…
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