Mutual Fund Insights: Guinness Atkinson Alternative Energy Fund (GAAEX)

In-depth Analysis of Guinness Atkinson Alternative Energy Fund (GAAEX)

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See Guinness Atkinson Alternative Energy Fund (GAAEX) performance details as of January 31, 2010

  

Last Trade: $5.74 on 3/19/2010, Change: -0.08 (-1.37%)

  

Fund Manager - Timothy W.N. Guinness

Fund Manager Tenure: 4.0 years
Fundmojo Fund Grade: D (Score: 0.4)     (What does this score mean?)

Guinness has served as Guinness Atkinson's chairman and chief investment officer since the firm's founding. From 1999 to November 2002, he was joint chairman of Investec.  Get more insights on Timothy W.N. Guinness

  

 What we like about Guinness Atkinson Alternative Energy Fund (GAAEX)

Data for Guinness Atkinson Alternative Energy Fund (GAAEX) as of January 31, 2010

• Guinness Atkinson Alternative Energy Fund (GAAEX) management has been with Guinness Atkinson Alternative Energy Fund for 4.0 years
• Guinness Atkinson Alternative Energy Fund (GAAEX) has an annual stock turnover rate of 94.76% vs Equity Energy average of 105.19%. It is good that Guinness Atkinson Alternative Energy management does not trade extensively for its return.
• Guinness Atkinson Alternative Energy Fund (GAAEX) has a lower management fee than its Equity Energy average: 1.69% vs 1.73%
• Guinness Atkinson Alternative Energy Fund (GAAEX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

  

 What we are cautious about Guinness Atkinson Alternative Energy Fund (GAAEX)

Data for Guinness Atkinson Alternative Energy Fund (GAAEX) as of January 31, 2010

• Guinness Atkinson Alternative Energy Fund is a focused fund with 38.15% of the portfolio on top 10 securities. This tends to produce more volatility compared to a diversified fund. See fund top 10 holdings.
• Guinness Atkinson Alternative Energy Fund (GAAEX) has a less-than-ideal short-term performance (1-year return 28.12% vs 39.60% Equity Energy category average)
• Guinness Atkinson Alternative Energy Fund (GAAEX) has a less-than-ideal mid-term performance (3-year return -18.83% vs -0.93% Equity Energy category average)
• Guinness Atkinson Alternative Energy Fund (GAAEX) ratio of up-years vs down years can be improved
• Guinness Atkinson Alternative Energy Fund (GAAEX) has a Morningstar rating of 3 and below
• Guinness Atkinson Alternative Energy Fund (GAAEX) is less safe compared to its Equity Energy peers
• Guinness Atkinson Alternative Energy Fund (GAAEX) does not have a good risk adjusted return as its 3-year Alpha of -1.27 is worse than category average of 12.28, and its 3-year Sharpe ratio is -0.36
• Guinness Atkinson Alternative Energy Fund (GAAEX) is more volatile than its peers as it has a 3-year Standard Deviation of 39.57 that is higher than category average of 34

See Guinness Atkinson Alternative Energy Fund (GAAEX) performance details as of January 31, 2010

  

  

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Guinness Atkinson Alternative Energy Fund (GAAEX) Net Asset

Track net asset change of Guinness Atkinson Alternative Energy fund (GAAEX)

Date	Net Asset
01/2010	$55.19M
11/2009	$59.43M
10/2009	$58.01M

More historic net asset information on Guinness Atkinson Alternative Energy Fund (GAAEX)

  

Guinness Atkinson Alternative Energy Fund (GAAEX) Portfolio Allocation

Track portfolio allocation change of Guinness Atkinson Alternative Energy fund (GAAEX)

Date	Cash	Stock	Bond	Other
09/2009	1.77%	97.57%	0%	0.65%
06/2009	2.46%	96.67%	0%	0.87%
03/2009	0%	179.71%	0%	0%

Click here to see more historic asset allocation information on Guinness Atkinson Alternative Energy Fund (GAAEX)

  

Most Recent Top 10 Holdings in Guinness Atkinson Alternative Energy Fund (GAAEX)

Discover what Guinness Atkinson Alternative Energy Fund (GAAEX) manager is buying

30-Sep-09 SMA Solar Technology AG [4.59%] Clipper Windpower [4.54%] TELECOM ARGENTIA ADS [4.35%] Phoenix Solar Aktiengesellschaft [3.71%] Energy Development (EDC) Corporation [3.59%] First Solar, Inc. [3.57%] RYDEX ETF TRUST [3.51%] SunPower Corporation [3.5%] GEN AMER INVEST [3.48%] ORMAT TECHNOLOGIES [3.31%]

30-Jun-09 JA Solar Holdings, Co., Ltd. [3.85%] Hansen Transmissions International NV [3.74%] CLAYMORE/BNY MELLON [3.64%] Wacker Chemie [3.56%] SUNTECH POWER HLDGS [3.55%] OEST ELEKTRIZITATSWIRTS-A [3.51%] EDP Renovaveis SA [3.39%] NV ENERGY INC [3.38%] SMA Solar Technology AG [3.35%] Vestas Wind Systems [3.31%]

31-Mar-09 EMERGING MKTS BULL3X [5.14%] EDP Renovaveis SA [4.53%] Echelon Corporation [4.26%] SUNTECH POWER HLDGS [4.12%] SMA Solar Technology AG [4.08%] SolarWorld AG [4%] Wfi Inds [3.96%] IBERDROLA RENOVABLES [3.93%] First Solar, Inc. [3.8%] CLAYMORE/BNY MELLON [3.6%]

Click here for Stock Holding Change Map in Guinness Atkinson Alternative Energy Fund (GAAEX)

  

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Latest News on Guinness Atkinson Alternative Energy (GAAEX)

See what is happening with Guinness Atkinson Alternative Energy Fund (GAAEX)

Going Green With Mutual Funds (at SmartMoney.com) Green Mutual Funds Could Beat Market (TheStreet.com) See more news on Guinness Atkinson Alternative Energy Fund (GAAEX)

 

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See more information on Guinness Atkinson Alternative Energy Fund (GAAEX)

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