by Harris Roen Editor
Roen Financial Report
Tuesday, January 5, 2016
Alternative energy mutual funds followed the overall stock market this year, closing about flat on average for 2015. The story gets more interesting, though, when you look at gains in the last quarter. Sectors such as solar and wind took a big hit by September, but then rebounded handsomely before years end. Green MFs were up 7% on average for the past three months, with 14 out of the 15 funds trading in the black…
The January 2016 edition of Alternative Energy Mutual Funds & Exchange Traded Funds report is now available. Visit our Mutual Fund/ETF site to download your copy.
2015 was a year of financial ups and downs, and alternative energy exchange traded funds were no exception. Returns of green ETFs varied widely but took a hit on average, losing 10.1% for the year. About three-quarters of ETFs showed losses in 2015, with some funds trading down heavily.
Remember to always consult with your investment professional before making important financial decisions.