Green Energy Mutual Funds, Renewable Power ETFs

Green Investment Funds for 2009 and beyond

For long term growth investors with cash on the side, or decent cash flow, dollar-cost-averaging into well managed, diversified high growth funds is something to seriously consider. An ecomic slowdown may mean that FSLR grows at 25% instead of 40%, but in most scenarios pure power producers and clean energy technology companies should be among the next bull market's leaders.

Though there is some risk in bottom fishing for mutual funds, it is dramatically minimzed relative to individual stock investing. A single firm's shares may be down because the company is in serious trouble and the stock is on its way to zero, but green energy mutual funds and clean power exchange traded funds (ETFs) are down because of market and sector comnditions, and over time will reflect the longer term potential of the sector and economy at large. With many clean power funds down 40% to 50% and more this is an opportune time for aggressive longterm investors to buy, and for medium risk longterm investors to start dollar-cost averaging into alternative energy and clean renewable power funds.

Here are some green power funds to consider:

Acuity Clean Environment Equity Fund

Down 50% to $10.06, a diversified portfolio of small, medium and large-sized Canadian companies wich fit the Fund's environmental concept of sustainable development.


Calvert Global Alternative Energy Fund A (CGAEX)

CGAEX invests in equity securities of U.S. and non-U.S. companies whose main business is alternative energy or are significantly involved in the alternative energy sector. At 8.33, the fund holds Vestas, FSLR, Gamesa and other global clean energy industry leaders.


Claymore/MAC Global Solar Index (TAN)

Worldwide solar power index fund; now at 11.29, the shares had earlier hit a high of 30.79.


First Trust Global Wind Energy (FAN)

At 13.48, the fund is designed to track the performance of ISE Global Wind Energy Index. The year's high was 31.50.


First Trust NASDAQ Clean Edge US (QCLN)

Pursues investment results that correspond generally to the price and yield of an equity index called the NASDAQ Clean Edge U.S. Liquid Series Index (the Index). Closing yesterday at 13.14, the shares are down for 33.65.


Guinness Atkinson Alternative (GAAEX) Energy

Normally invests at least 80% of assets in equity securities of (both U.S. and non-U.S.) companies involved in the alternative energy or energy technology sectors. At 6.55, the shares are down about 60% from a high around $17.


Market Vectors Global Alternative Energy ETF (GEX) Trust

At 24.74, down from 62; GEX was formerly a Van Eck Fund. Seeks to replicate as performance of the Ardour Global Index (Extra Liquid) (AGIXL) by investing in common shares of reflected in the Index which is composed primarily of publicly traded companies engaged in the production of alternative fuels and technology related to the production of clean energy and renewable power.


New Alternatives (NALFX) Fund

The fund invests mostly in companies that contribute to a clean and sustainable environment. It usually invests at least 25% of assets in common shares of companies which have an interest in alternative energy. $29.51


Powershares Cleantech (PZD) Portfolio

The 52 week high is 38.02; after this week's record stock market carnage, the shares are now at 17.98.


PowerShares Global Clean Energy (PBD) Portfolio

PowerShares Global Clean Energy Portfolio is based on the WilderHill New Energy Global Innovation Index. The Index seeks to deliver capital appreciation and is composed of companies that focus on greener and generally renewable sources of energy and technologies facilitating cleaner energy. At 12.38, down from 38.10.


PowerShares Global Wind Energy (PWND) Portfolio

Diversified Wind Power Fund off over 57% from the year high, at 11.60 there seems to be plenty of room to grow.


PowerShares WilderHill Clean Energy (AMEX:PBW) ETF

PowerShares WilderHill Clean Energy Portfolio (the Fund) is based on the WilderHill Clean Energy Index (the Index). $9.86


Winslow Green Growth (WGGFX) Fund

Pursues capital gains through environmentally responsible investments, focusing on equity securities of domestic small and medium size companies that adviser believes are environmentally responsible, best in class companies. $10.27


Winslow Green (WGSLX) Solutions

A large cap, more international version of Winslow Green Growth, WGSLX invests in equity securities of companies that provide green solutions, including global firms of varying sizes that the adviser believes are reasonably priced and have potential for superior growth, focusing on companies with market capitalizations between $1 billion and $10 billion. $5.14



More green energy links:

Wind Energy Stocks, Renewable Power Investing

Solar Power Stocks, Clean Energy Funds

Clean Water Investing, Tidal Energy, Wave Power

Geothermal Power Stocks Investing

Green Stocks Investing; 50 Ways to love clean energy!!!

Here are several dozen of the top renewable power stocks in the world:

1. First Solar, leading thin-film solar energy company
First Solar Inc (NASDAQ:FSLR)

2. Vestas wind, Denmark-based global wind power leader
Vestas Wind Systems (VWSYF-ADR)

3. Ormat Tech, world-leading geothermal power producer

Ormat Technologies (ORA) official website

4. Acciona, leading European windpower / renewable energy company
Acciona Windpower (ANA.MC)

5. Gamesa Corp, major europe wind energy developer
Gamesa Corp (GAM.MC) english website

6. Suzlon Wind from India, major global wind turbine manufacturer
Suzlon Energy (SUZL) windpower company

7. Applied Materials, emerging thin film solar energy producer

Applied Materials (NASDAQ: AMAT) Inc. 

8. Renewable Energy Corp, Norway-based solar energy stock

Renewable Energy Corp (REC)

9. MEMC Electronic, silicon wafer producer
MEMC Electronic Materials (NYSE:WFR)

10. SunPower, manufacturer of high-performance solar electric power technologies
SunPower Corp (NASDAQ: SPWR)

11. Q-Cells, leading German photovltaic solar power company
Q-Cells AG Solar (QCLSF)

12. Energy Conversion, American firm involved in alternative energy generation, energy storage
Energy Conversion Device (ENER)

13. SunTech Power, China-based photovoltaic solar power company
Suntech Power (NYSE:STP) Holdings

14. LDK Solar, quality solar electricity company
LDK Solar (NYSE: LDK) Co

15. Fuel Cell Energy, USA-based developer of commercial-scale fuel cell power plants

FuelCell Energy, Inc.

(NASDAQ:FCEL)

16. Raser Tech, emerging USA geothermal power producer

Raser Technologies (RZ) electric motor / geothermal power developer

17. Clipper Windpower, leading UK-based wind energy stock
Clipper Windpower (CWPR.L) wind turbines

18. Babcock and Brown wind energy division
Babcock & Brown Wind Partners (ASX: BBW BBWPF.PK)

19. Boralex Wind Energy Fund
Boralex Wind Power Income Fund (BPT.UN) 

20. Capstone MicroTurbines, green energy turbine manufacturer

Capstone Turbine (CPST), microturbines for wind, solar, geothermal

21. Sanyo of Japan now solar energy supplier

SANYO Electric Co. (SANYY), Ltd

22. JA Solar, China-based solar cells manufacturer
JA Solar Holdings (NASDAQ: JASO) Co.

23. Yingli Green Energy, promising Chinese solar energy firm
Yingli Green Energy (NYSE:YGE)

24. GT Solar, turnkey manufacturing solutions for photovoltaic industry
GT Solar International (NASDAQ:SOLR)

25. Evergreen Solar, American solar energy supplier / installer
Evergreen Solar (NASDAQ: ESLR) Inc.

26. ReneSola, manufacturer of solar wafers used in solar energy cells
ReneSola (NYSE: SOL) Ltd

27. Canadian Solar, manufcatures solar cells and modules in China
Canadian Solar (NASDAQ: CSIQ) Inc.

28. Trina Solar, Cina-based integrated solar energy products manufacturer
Trina Solar (NYSE: TSL) Limited

29. Ener1 develops lithium-ion batteries and fuel cells
Ener1 (AMEX: HEV) Inc.

30. Calpine Corp, major USA owner of geothermal energy plants
Calpine Corp (CPNLQ) geothermal energy plant owner

31. Solarfun Power, manufacturer of solar cells and solar panels in China
Solarfun Power (NASDAQ: SOLF) Holdings

32. Sierra Geothermal, USA geothermal power developer
Sierra Geothermal Power (SRA.V) company website

33. China Sunenergy, a Nanjing, China designer, developer, manufactuer and marketer of solar cells
China Sunergy Co. (NASDAQ: CSUN) Ltd.

34. GreenHunter Energy, US wind farm developer, biodiesel producer

GreenHunter Energy (AMEX:GRH)

35. Valence Tech, manufacturer of high-energy lithium-ion power systems

Valence Technology (NASDAQ: VLNC) Inc.

36. Nevada Power, western USA geothermal energy developer

Nevada Power (NGLPF) geothermal website

37. 5N Plus Inc, supplier of tellurium to First Solar and others
5N Plus (TSE: VNP) Inc.

38. US Geothermal, emerging American geothermal producer

UGTH - U S Geothermal Inc

39. Ballard Power, automotive and stationary fuel cells company

Ballard Power Systems Inc.

(TSE:BLD)

40. Ascent Solar, flexible thin-film photovoltaic (PV) modules
Ascent Solar (NASDAQ: ASTI) Tech

41. Western Geopower, emerging North American Geothermal company
Western GeoPower Corp CA; WGP

42. Plug Power USA fuel cell developer

Plug Power Inc.

(NASDAQ:PLUG)

43. Western Wind, BC-based windfarm developer with projects in Arizona and California

Western Wind Energy (WND: TSX.V)

44. Naikun Wind, natural gas and wind power
Naikun Wind Energy (NKW)

45. Beacon Power, developer of solar energy inverters, flywheel energy storage technology
Beacon Power (BCON) energy storage company

46. Hydrogenics Corp, Canada-based fuel cell and hydrogen company

Hydrogenics Corporation

(TSE:HYG)

47. Daystar Tech, thin film deposition technology for solar photovoltaic (PV)DayStar Technologies (NASDAQ: DSTI)

48. Spire Solar, manufacturer of solar power manufacturing systems
Spire Solar (NASDAQ: SPIR)

49. SIMTEK Corp,
SIMTEK Corporation (NADAQ: SMTK)

50. Carmanah Tech, leading manufacturer of solar-powered LED lighting systems
Carmanah Technologies (TSE: CMH) Corporation

More green energy investing links:

Geothermal Energy Producers, geothermal stocks investing

Solar Energy and Renewable Power Stocks

Wind Energy Stocks, Leading wind power companies

Investing Bargain of the Decade; Clean Energy Mutual Funds

The slide in oil prices combined with the downside volatility of the stock market in recent weeks has created an extraordinary investment opportunity for long term investors: clean green power funds, renewable energy investment funds, exchange-traded alternative energy funds and other diversified green stock funds. Due to energy security and global warming concerns, these stocks will be in big demand over the next five years, and it is much safer to buy a widely diversified stock fund, even a sector fund, than it is to buy individual stocks. 

A single company's share price may be down because the firm is in trouble and the shares are on their way to zero, but green mutual funds and clean energy closed-end funds are down because of market and sector comnditions, and over time will reflect the longer term potential of the sector and economy at large. With many clean power funds down 30% to 40% now is the time for aggressive investors to buy, and for medium risk investors to begin dollar-cost averavging into these alternative enrgy funds.

Here are a few green energy funds to consider:

Calvert Global Alternative Energy Fund (CGAEX) 

CGAEX at 12.26 is off 35% from its previous year high.

Claymore/MAC Global Solar Index (TAN)

International solar energy index fund down about 35% from the high.

First Trust Global Wind Energy (FAN)

 

Tracks performance of ISE Global Wind Energy Index; down 39%.

First Trust NASDAQ Clean Edge US (QCLN)

Index fund tracks USA green energy stocks; off 42%.

Guinness Atkinson Alternative Energy

Down over 40% from the one year high.

Market Vectors Global Alternative Energy ETF (GEX) Trust

Down 34%; formerly Van Eck Fund

New Alternatives Fund (NALFX)

Off 34% from its high.

Powershares Cleantech (PZD) Portfolio

Year's high was 38.02; recently closed at 26.70.

PowerShares Global Wind Energy Portfolio (PWND)

Diversified Wind Power Fund off 40% from the year's high.

PowerShares WilderHill Clean Energy ETF (AMEX:PBW)

Down over 45% from the 52-week high.