Guinness Atkinson Alternative Energy Fund (GAAEX)

4.30
Net Asset Value
+1.18%
1 Day
+7.77%
Year-to-Date
Overall Morningstar Rating
Equity energy
Style or Category
No Load
Sales Expenses
2.13%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks long-term capital appreciation. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of alternative energy companies (both U.S. and non-U.S.). The Advisor will invest the fund's assets in securities of all market capitalization companies and in companies domiciled in the U.S. and foreign countries, including, potentially, companies domiciled or traded in emerging markets. The fund is non-diversified.

Performance

1 month+2.14% 3 years+5.55%
3 months-2.27% 5 years-7.94%
1 year+14.97% Since inception-10.58%
Data through --

Peer Comparisonvs. Equity energy

 GAAEXCategory
Performance 5-yr return-7.94%+13.31%
Expense ratio2.13%1.57%
Risk 5 year sharpe ratio-0.020.58
Net assets$22.5M$934.7M
Average market cap$1.0B$39.5B
Average P/E18.916.8
Portfolio turnover60%60%

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Fund Management and Purchase Info

Fund familyGuinness Atkinson
Fund manager & tenureEdward Guinness / 7 Years
Minimal initial investment$5,000.00
Minimum IRA investment$1,000.00

Holdings

International stock81.41%
U.S. stock18.60%
Fixed income0.00%
Cash0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Hardware 58.53%
Utilities 22.59%
Industrial materials 18.88%
Business service 0.00%
Consumer goods 0.00%
Top 10 Holdings
Portfolio weighting
-- China Singyes Solar Technologies Holdings Ltd5.34%
-- Mytrah Energy Ltd4.78%
-- Waterfurnace Renewable Energy Inc4.75%
-- Nordex AG4.27%
SPWR SunPower Corp4.15%
-- Theolia3.86%
YGE Yingli Green Energy Holding Co Ltd ADR3.80%
CIG Energy Company of Minas Gerais ADR3.80%
-- Gamesa Corporacion Tecnologica SA3.74%
JASO JA Solar Holdings Co ADR ADR3.66%

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