Guinness Atkinson Alternative Energy Fund (GAAEX)

6.80
Net Asset Value
-0.44%
1 Day
+9.85%
Year-to-Date
Overall Morningstar Rating
Foreign small/mid value
Style or Category
No Load
Sales Expenses
3.00%
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 publicly-traded 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, but under normal market conditions, it will invest in companies with a minimum market capitalization of $500 milllion. The fund will invest in companies economically tied to U.S. and to foreign countries, including, potentially, companies domiciled or traded in emerging markets.

Performance

1 month+13.08% 3 years+29.33%
3 months+38.82% 5 years+22.07%
1 year+102.07% Since inception-3.76%
Data through --

Peer Comparisonvs. Foreign small/mid value

 GAAEXCategory
Performance 5-yr return+22.07%+7.44%
Expense ratio3.00%1.11%
Risk 5 year sharpe ratio0.690.41
Net assets$26.5M$1.2B
Average market cap$10.4B$4.2B
Average P/E26.913.7
Portfolio turnover43%43%

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Fund Management and Purchase Info

Fund familyGuinness Atkinson
Fund manager & tenureEdward Guinness / 13 Years
Minimal initial investment$5,000.00
Minimum IRA investment$1,000.00

Holdings

International stock59.64%
U.S. stock37.05%
Cash3.31%
Fixed income0.00%
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
-- 4.14%
FSLR First Solar Inc4.02%
-- 3.95%
-- 3.94%
-- 3.90%
-- 3.74%
-- 3.66%
-- 3.63%
AMRC Ameresco Inc3.62%
-- 3.59%