Way To Go Green dot org

Investing in an alternate energy funds is one way the individual investor cannot only invest in their own future but the world. Investment in anything right now, in these uncertain times should be done with caution.  But the future is coming whether we like it or not.

I like what I found at Firsthand Alternative Energy Fund. The funds performance is just off the S&P 500 performance for the past year, but there are some encouraging things that happens with this fund. Total assets are $3.7 million with 40 different companies. All dividends are reinvested in the funds and the investment advisor’s fee is limited to 2.10%, to name a few.

But what I really like is their diversity of investment. This fund has asserts in solar, wind, biomass, fuel cells and other sources to help the world reduce its need and reliance on the limited oils supply.  In addition this fund donates a portion of its management fee to non-profit organizations that help the environment and on renewable energy sources. The investors decide what portion goes to which group.

With the investment in alternative energy technologies growing from $27.5 billion in 2004 to over $70 billion in 2006, this is a viable growing industry. With investments in established technologies like hydroelectric, biofuels, wind and solar power along with hydrogen fuel cells the future of alternative energy sources will be funded.

This is a fund worth looking at. It has sponsors on its web site from the Sierra Club, The Audubon Society, The National Wildlife Federation, Defenders of Wildlife and World Resources Institute.  With investments only in alternative energy, this alternative energy fund is well named.