26 Aug '13, 2am

Renewable Energy Mutual Funds are Rocking!

Renewable Energy Mutual Funds are Rocking!

Performance of alternative energy ETFs are much more erratic than their mutual fund counterparts. Overall ETFs have done well, 14 out of 17 ETFs show gains for the year, and two funds, First Trust NASDAQ® Clean Edge® Green Energy Index Fund (QCLN) and Market Vectors Global Alternative Energy ETF (GEX) posted gains better than 50%. Three funds, however, had losses for the year, with iPath Global Carbon ETN (GRN) down almost 50% in the past 12 months. This exchange traded note, which tracks Barclays Capital Global Carbon Index Total Return, continues to reflect the global paralysis in carbon markets.

Full article: http://www.solarfeeds.com/renewable-energy-mutual-funds-r...

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