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Firsthand Alternative Energy (ALTEX) Fund Ranking and Research

Ranking, Research and Recommendation of Firsthand Alternative Energy (ALTEX) Fund

    Last Trade: $ on , Change: (0%)

 

Graph of Firsthand Alternative Energy Fund (ALTEX) ManagerFund Manager - Kevin M. Landis

Fund Manager Information

Fund Manager Tenure: 12.7 years
Fund Family: Firsthand Funds
Fund Category: Technology
Fund Performance: May 30, 2016
Fundmojo Fund Grade: E (Score: 0.22)     (What does this score mean?)
Landis is the chief investment officer and portfolio manager of Firsthand Capital Management, Inc. He co-founded the firm in 1993.  Get more insights on Kevin M. Landis

 

Graph of Firsthand Alternative Energy Fund (ALTEX) ProfileFirsthand Alternative Energy Fund (ALTEX) Profile

Fund Profile and Description

Firsthand Alternative Energy Fund seeks long-term growth of capital. Firsthand Alternative Energy Fund normally invests at least 80% of assets in alternative energy and energy technology companies, both U.S. and international. It may invest stocks of any capitalization, including, but not limited to, large-cap, mid-cap or small-cap stocks. There is also no percentage limit on the fund’s ability to invest in foreign and emerging markets securities. Firsthand Alternative Energy Fund is non-diversified.

 

Firsthand Alternative Energy (ALTEX) Fund Strength What we like about Firsthand Alternative Energy (ALTEX) Fund

Data for Firsthand Alternative Energy Fund (ALTEX) as of May 30, 2016

  • Firsthand Alternative Energy Fund (ALTEX) management has been with Firsthand Alternative Energy Fund for 12.7 years
  • Firsthand Alternative Energy Fund (ALTEX) has an annual stock turnover rate of 5.00% vs Technology average of 81.69%. 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

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

Data for Firsthand Alternative Energy Fund (ALTEX) as of May 30, 2016

  • Firsthand Alternative Energy Fund (ALTEX) has a less-than-ideal short-term performance (1-year return -23.86% vs -1.99% Technology category median performance)
  • Firsthand Alternative Energy Fund (ALTEX) has a less-than-ideal mid-term performance (3-year return 0.92% vs 13.35% Technology category median performance)
  • Firsthand Alternative Energy Fund (ALTEX) has a less-than-ideal Long-term performance (5-year return -6.97% vs 9.50% Technology category median performance)
  • Firsthand Alternative Energy Fund (ALTEX) ratio of up-years vs down years can be improved
  • Firsthand Alternative Energy Fund (ALTEX) has a Morningstar rating of 3 and below
  • Firsthand Alternative Energy Fund (ALTEX) is less safe compared to its Technology peers
  • Firsthand Alternative Energy Fund (ALTEX) does not have a good risk adjusted return as its 3-year Alpha of -4.41 is worse than category average of 7.58, and its 3-year Sharpe ratio is 0.14
  • Firsthand Alternative Energy Fund (ALTEX) is more volatile than its peers as it has a 3-year Standard Deviation of 20.65 that is higher than category average of 15.15
  • Firsthand Alternative Energy Fund (ALTEX) has a higher expense ratio of 1.98% than its Technology average of 1.42%
  • As a Technology focused fund, Firsthand Alternative Energy Fund (ALTEX) is less diversified and has inherited sector risks associated with the fund
See Firsthand Alternative Energy Fund (ALTEX) performance details as of May 30, 2016

 

What do you think?

 

Compare Firsthand Alternative Energy Fund (ALTEX)Compare with other top Technology category mutual funds

Aadditional top Technology mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Firsthand Alternative Energy-11.32-23.860.92-6.97
Columbia Global Technology Growth A (CTCAX)1.593.1819.2411.85Compare
Fidelity Advisor Electronics A (FELAX)5.06-2.3419.8311.26Compare
Columbia Seligman Global Technology Z (CSGZX)1.63-1.8917.3311.27Compare

See top fund managers for Technology Category Funds

 

Compare Firsthand Alternative Energy Fund (ALTEX)Compare with Technology category ETFs

Some Technology ETFs for your consideration

ETFYear to DateOne YearThree Year
iShares North American Tech-Software (IGV)3.09%6.24%15.80%
PowerShares S&P SmallCap Info Tech ETF (PSCT)7.49%5.76%16.31%
iShares North American Tech (IGM)2.23%5.58%14.88%
SPDR Morgan Stanley Technology ETF (MTK)0.30%4.39%13.37%
Vanguard Information Technology ETF (VGT)1.95%1.19%14.39%

 

Graph of Firsthand Alternative Energy Fund (ALTEX) Net Asset TrackingFirsthand Alternative Energy (ALTEX) Fund Net Asset

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

DateNet Asset
05/2016$6.20M
03/2016$6.76M
02/2016$6.56M
More historic net asset information on Firsthand Alternative Energy Fund (ALTEX)

  

Graph of Firsthand Alternative Energy Fund (ALTEX) Portfolio TrackingFirsthand Alternative Energy (ALTEX) Fund Portfolio Allocation

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

DateCashStockBondOther
03/20164.19%95.72%0%0.09%
12/20155.85%94.07%0%0.08%
09/20153.89%96.08%0%0.03%
Click here to see more historic asset allocation information on Firsthand Alternative Energy Fund (ALTEX)

 

graph of Firsthand Alternative Energy Fund (ALTEX) Top 10 Position TrackingTop 10 Holdings in Firsthand Alternative Energy (ALTEX) Fund

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

Mar 30, 2016
First Solar, Inc. [10.13%]
Power Integrations, Inc. [7.2%]
SunPower Corporation [6.59%]
Cree, Inc. [6.46%]
ABB Ltd Common Stock [5.17%]
Koninklijke Philips N.V. NY Reg [4.81%]
3M Company Common Stock [4.44%]
Johnson Controls, Inc. Common S [4.15%]
Praxair, Inc. Common Stock [4.07%]
SolarCity Corporation [3.82%]

Dec 30, 2015
First Solar, Inc. [9.06%]
SunPower Corporation [8.22%]
SolarCity Corporation [7.36%]
Power Integrations, Inc. [6.55%]
Cree, Inc. [5.49%]
ABB Ltd Common Stock [4.38%]
Koninklijke Philips N.V. NY Reg [3.98%]
Johnson Controls, Inc. Common S [3.91%]
3M Company Common Stock [3.72%]
Praxair, Inc. Common Stock [3.38%]

Sep 29, 2015
SolarCity Corporation [7.07%]
First Solar, Inc. [6.74%]
Power Integrations, Inc. [6.51%]
SunPower Corporation [6.3%]
Cree, Inc. [5.73%]
ABB Ltd Common Stock [5.01%]
Johnson Controls, Inc. Common S [4.69%]
Koninklijke Philips N.V. NY Reg [4.21%]
3M Company Common Stock [4.02%]
Praxair, Inc. Common Stock [3.85%]
Click here for Stock Holding Change Map in Firsthand Alternative Energy Fund (ALTEX)

  

Latest News on Firsthand Alternative Energy (ALTEX) Fund

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

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Firsthand Alternative Energy Fund (ALTEX) Related ResourcesSee more information on Firsthand Alternative Energy (ALTEX) Fund

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