The Energy Blog is taking a new step by accepting advertising from organizations that are in some way related to the thrust of the blog. Your patronage of the advertisers would be appreciated. The following is a press release from the first of our advertisers, Guinness Atkinson, regarding a new mutual fund that they have launched that invests in companies involved in activities relating to alternative energy.
Guinness Atkinson Asset Management, Inc., announces the launch of the no-load Guinness Atkinson Alternative Energy Fund, which will invest in companies involved in the production, distribution or storage of alternative energy, including energy conservation. The fund is designed as a vehicle for investors seeking to profit from and participate in the shift from conventional fuels to alternative energy sources.
The fund will invest primarily in companies that produce 50 percent or more of revenues from alternative energy and will be managed with an emphasis on value. Lead manager of the fund will be Tim Guinness, Chief Investment Officer of Guinness Atkinson, who also manages the Guinness Atkinson Global Energy Fund.
“Increasing global energy demands, coupled with limiting supplies, will continue to force prices for energy higher and, in turn, accelerate the development of alternative energy sources,” Mr. Guinness said. “We believe that the shift from conventional fuels to alternative forms of energy provides a new opportunity for investors,” he added.