| NASDAQ (NMS) Exchange | United States Country |
The fund is dedicated to making strategic investments in alternative energy sectors, focusing primarily on publicly-traded equity securities. With a strong commitment to sustainable energy solutions, the fund allocates a minimum of 80% of its net assets towards companies involved in the generation, utilization, and enhancement of alternative energy sources. This investment strategy encompasses both U.S. and international markets, reflecting a broad commitment to fostering the growth of innovative energy technologies. The focus lies on companies that engage in various forms of renewable energy production and the advancement of accompanying technologies that promote energy efficiency and conservation.
Investments are made in firms that generate power through solar technologies, including photovoltaic and solar thermal systems. These companies contribute to the transition to renewable energy by harnessing the sun's power, thereby reducing reliance on fossil fuels.
The fund also targets companies that produce energy through wind turbines and wind farms. This sector plays a crucial role in diversifying the energy mix and providing cleaner alternatives to traditional energy sources.
Investors can benefit from partnerships with organizations focused on hydroelectric power, which utilizes flowing water to generate electricity. This method is a long-standing renewable energy source, vital for maintaining stable energy supplies.
Companies that harness the energy produced by tides and waves represent an innovative frontier in renewable energy. Investments in this area support technologies that utilize the natural motion of oceans and seas for energy generation.
Firms that exploit geothermal energy, which uses heat from below the Earth’s surface, are key targets for investment. This sustainable resource offers reliable and consistent energy with minimal environmental impact.
The fund is focused on companies that produce energy from organic materials. This includes firms that convert agricultural waste and other biomass into fuels, contributing to a circular economy while reducing waste.
Investments also extend to companies that manufacture and supply equipment used in alternative energy generation, storage, and distribution. This includes solar panels, wind turbines, and energy storage solutions that enhance the efficiency and reliability of renewable energy systems.
Firms that develop technologies aimed at energy conservation or more efficient use of energy are crucial to the fund's investment strategy. These technologies contribute to reducing overall energy demand and supporting sustainable practices across industries.