Mutual Fund Insights: Firsthand Alternative Energy Fund (ALTEX)

In-depth Analysis of Firsthand Alternative Energy Fund (ALTEX)

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See Firsthand Alternative Energy Fund (ALTEX) performance details as of February 28, 2010

  

Last Trade: $7.51 on 3/19/2010, Change: -0.12 (-1.57%)

  

Fund Manager - Kevin M. Landis

Fund Manager Tenure: 2.4 years
Fundmojo Fund Grade: D (Score: 0.46)     (What does this score mean?)

Kevin M. Landis is the chief investment officer and portfolio manager of Firsthand Capital Management, Inc. Kevin M. Landis co-founded the firm in 1993.  Get more insights on Kevin M. Landis

  

 What we like about Firsthand Alternative Energy Fund (ALTEX)

Data for Firsthand Alternative Energy Fund (ALTEX) as of February 28, 2010

• Firsthand Alternative Energy Fund (ALTEX) has an annual stock turnover rate of 44.00% vs Equity Energy average of 108.30%. It is good that Firsthand Alternative Energy management does not trade extensively for its return.
• Firsthand Alternative Energy Fund (ALTEX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

  

 What we are cautious about Firsthand Alternative Energy Fund (ALTEX)

Data for Firsthand Alternative Energy Fund (ALTEX) as of February 28, 2010

• Firsthand Alternative Energy Fund (ALTEX) management has been with Firsthand Alternative Energy Fund for only 2.4 years, it is hard to judge manager's ability based on this fund's operation record
• Firsthand Alternative Energy Fund is a focused fund with 38.21% of the portfolio on top 10 securities. This tends to produce more volatility compared to a diversified fund. See fund top 10 holdings.
• Firsthand Alternative Energy Fund (ALTEX) has a less-than-ideal short-term performance (1-year return 49.18% vs 58.10 % Equity Energy category average)
• Firsthand Alternative Energy Fund (ALTEX) ratio of up-years vs down years can be improved
• Firsthand Alternative Energy Fund (ALTEX) is less safe compared to its Equity Energy peers
• Firsthand Alternative Energy Fund (ALTEX) has a higher management fee of 2.11% than its Equity Energy average of 1.68%

See Firsthand Alternative Energy Fund (ALTEX) performance details as of February 28, 2010

  

  

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Firsthand Alternative Energy Fund (ALTEX) Net Asset

Track net asset change of Firsthand Alternative Energy fund (ALTEX)

Date	Net Asset
02/2010	$6.17M
01/2010	$6.17M
11/2009	$6.17M

More historic net asset information on Firsthand Alternative Energy Fund (ALTEX)

  

Firsthand Alternative Energy Fund (ALTEX) Portfolio Allocation

Track portfolio allocation change of Firsthand Alternative Energy fund (ALTEX)

Date	Cash	Stock	Bond	Other
09/2009	14.86%	79.44%	0%	5.7%
06/2009	20.15%	70.71%	6.7%	2.44%
03/2009	19.93%	70.68%	0%	9.39%

Click here to see more historic asset allocation information on Firsthand Alternative Energy Fund (ALTEX)

  

Most Recent Top 10 Holdings in Firsthand Alternative Energy Fund (ALTEX)

Discover what Firsthand Alternative Energy Fund (ALTEX) manager is buying

30-Sep-09 Silicon Genesis Corp., Common [5%] Aixtron Ag - Adr [4.37%] Power Integrations, Inc. [4.21%] Meyer Burger Technology Ag [3.9%] JOHNSON CONTROLS INC [3.8%] Itron, Inc. [3.7%] Vestas Wind Systems [3.49%] 3M COMPANY [3.34%] Intevac, Inc. [3.22%] Canadian Solar Inc. [3.18%]

30-Jun-09 Sunpower Corp. Class B [6.72%] Silicon Genesis Corp., Common [5.67%] Vestas Wind Systems [3.91%] Itron, Inc. [3.6%] Power Integrations, Inc. [3.41%] 3M COMPANY [3.09%] SUNTECH POWER HLDGS [3.09%] Motech Industries [3%] Canadian Solar Inc. [2.98%] CORNING INC [2.88%]

31-Mar-09 Silicon Genesis Corp., Common [6.56%] SUNPOWER CORP [5.69%] Echelon Corporation [5.48%] Itron, Inc. [3.94%] Vestas Wind Systems [3.13%] Power Integrations, Inc. [3.13%] CORNING INC [3.02%] GT SOLAR INT. INC. [2.93%] Spire Corporation [2.87%] Motech Industries [2.7%]

Click here for Stock Holding Change Map in Firsthand Alternative Energy Fund (ALTEX)

  

Related books and products to Firsthand Alternative Energy Fund (ALTEX)

  

Latest News on Firsthand Alternative Energy (ALTEX)

See what is happening with Firsthand Alternative Energy Fund (ALTEX)

Mutual Understanding: Former Internet-fund stars 10 years after the bust (at MarketWatch) See more news on Firsthand Alternative Energy Fund (ALTEX)

 

Books and Resources

 

 

See more information on Firsthand Alternative Energy Fund (ALTEX)

• Firsthand Alternative Energy Fund Insights
• Firsthand Alternative Energy Fund Performance Data
• Firsthand Alternative Energy Fund News
• Firsthand Alternative Energy Fund Score Explaination
• Firsthand Alternative Energy Fund Manager Information
• Historic Firsthand Alternative Energy Fund Asset Allocation Report
• Historic Firsthand Alternative Energy Fund Top 10 Holding Tracking
• Historic Firsthand Alternative Energy Fund Asset Under Management Tracking