Sustainable, Responsible and Impact Mutual Fund and ETF Chart
Jump to: General Fund Information | Fund Institution Information | Account Minimums | Methodology | Proxy Voting Information | Specific Screening Information by Category | Performance Data
General Fund Information - [Return to Top]
Ticker: NAEFX
Assets under management (AUM): $326.54M (in US$ millions) - See other performance data below
General Fund Type: International, Global, Foreign
Specific Sizes or Types of Investments: --
Financial Objective: Long term capital appreciation with income as a secondary objective by investing in equity securities in a wide ranges of industries.
Specific ESG Focus: New Alternatives Fund invests in companies which generate energy from renewable resources, produce products and provide services which benefit the environment, and contribute to a sustainable economy. The Fund seeks to be affirmatively socially responsible.
To invest, call: 800-423-8383 or 631-423-7373
Institution Name:
New Alternatives Fund
Mutual Funds Description: New Alternatives Fund is the oldest mutual fund in the U.S. (est. 1982) investing in renewable energy and energy conservation companies.
Contact info:
150 Broadhollow Rd., #PH2
Melville,New York 11747
U.S.A.
Phone: 631-423-7373
Fax: 631-423-7393
Email: murray@newalternativesfund.com
Web: http://www.newalternativesfund.com/ (Opens in a new window)
Account Minimums - [Return to Top]
Minimum Account: $3500
Minimum IRA:
$3500
Screening Venue: In-house
Screening Party:
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Screening Database Used:
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Screening Process:
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Proxy Voting Information - [Return to Top]
Proxy Voting Guidelines or Policies: --
Proxy Voting Records: Open external link in new window
Specific Screening Information by Category - [Return to Top]
Environment
- Climate / Clean Technology: Positive Investment - New Alternatives Fund specifically invests in companies developing and producing renewable energy resources and materials and generating power from renewable energy.
- Pollution / Toxics: Restricted/Exclusionary Investment - New Alternatives Fund does not invest in companies extracting and developing fossil fuel based energy resources and materials.
- Other Environmental: Positive Investment - New Alternatives Fund specifically invests in companies that develop and produce materials and services that protect the environment, reduce pollution and build a sustainable economy.
Social
- Community Development: Positive Investment
- Diversity & Equal Employment Opportunity: Positive Investment
- Human Rights: Positive Investment
- Labor Relations: Positive Investment
- Conflict Risk: No Investment
Governance
- Board Issues: Positive Investment
- Executive Pay: Positive Investment
Products
- Alcohol: Restricted/Exclusionary Investment
- Animal Welfare: Restricted/Exclusionary Investment
- Defense/Weapons: Restricted/Exclusionary Investment
- Gambling: Restricted/Exclusionary Investment
Other
- Shareholder Engagement - Shareholder Resolutions: Filed or co-filed with companies on environmental, social or governance issues
Performance Data - [Return to Top]
Data provided by:
- Information current as of December 31, 2023
Year-to-date rate of return: -2.74%
1-year rate of return: -2.74%
3-year rate of return: -8.17%
5-year rate of return: 11.31%
10-year rate of return: --
Previous year rate of return: -16.18%
Management fee: 0.53%
Expense ratio: 1.1%
Standard deviation: 23.61%
Benchmark used: S&P 500 Composite Total Return | External link (Opens in a new window)
Disclaimer: --