About GAAEXX
The Guinness Atkinson Alternative Energy Fund is a mutual fund focused on long-term capital appreciation by investing primarily in publicly traded equity securities of companies operating within the alternative energy and energy technology sectors. Its portfolio targets firms involved in the development, exploration, production, and implementation of renewable energy sources such as solar, wind, hydroelectric, tidal, geothermal, biomass, and biofuels, as well as companies engaged in electrification and energy efficiency technologies. Approximately 80% or more of the fund's assets are allocated to these alternative energy equities, with a global orientation that includes significant exposure to markets in the United States, Europe, and Asia. The fund’s sector allocations emphasize electrification, renewable energy generation, and equipment manufacturing, supporting efforts to address surging global energy demand and the environmental challenges posed by fossil fuels. This strategy positions the fund at the intersection of global trends toward sustainability and decarbonization, making it a significant player for those seeking to participate in the transition to cleaner energy solutions in the financial market.
Stock Exchange NASDAQ
Ticker Symbol GAAEXX
GAAEXX had a total return of 18.66% in the past year, including dividends. Since the fund's
inception, the average annual return has been 17.49%.
