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    Guinness Atkinson Alternative Energy (GAAEX)

    3.29 Down 0.02(0.60%) Jan 23

    Profile as of Dec 30, 2014Get Profile for:
    Guinness Atkinson Alternative Energy
    Fidelity Puritan TrustSuite 750Woodland Hills CA 91367
    Phone: 800-915-6566
    Fund Overview 
    Category:Equity Energy
    Fund Family:Guinness Atkinson
    Net Assets:15.22M
    Year-to-Date Return:-14.29%
    Morningstar Rating:2 stars
    Fund Inception Date:Mar 31, 2006
    Morningstar Style Box 
    Equity Energy
    [View Category Definition]
    View Top Equity Energy Funds
    About the Morningstar Style Box
    Management Information 
    Edward Guinness
    Lead Manager since Feb 27, 2007
    Edward Guinness has significant experience in the financial services area as acorporate financier and in the hedge fund industry. Mr. Guinness joined HSBC Investment Bankin 1998, where he worked in the corporate finance department in the Energy and Utilities Teamand in the Telecoms and Technology Team. After leaving HSBC in 2002, he joined TiedemannInvestment Group in New York, where he worked as the analyst on the group’s risk arbitragefund. In January 2006, he returned to London to join Guinness Asset Management and toestablish the Guinness Energy Fund. He is also responsible for the management of the GuinnessAtkinson Alternative Energy Fund, a long-only no load series of a U.S. mutual fund. Mr.Guinness has an MA in Engineering and Management Studies from Cambridge.
    Investment Information 
    Min Initial Investment:5,000
    Min Initial Investment, IRA:1,000
    Min Initial Investment, AIP:100
    Min Subsequent Investment:250
    Min Subsequent Investment, IRA:250
    Min Subsequent Investment, AIP:100
    GAAEX can be purchased from 83 brokerages.

    Fund Summary 
    The investment seeks long-term capital appreciation. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of alternative energy companies (both U.S. and non-U.S.). The Advisor will invest the fund's assets in securities of all market capitalization companies and in companies domiciled in the U.S. and foreign countries, including, potentially, companies domiciled or traded in emerging markets. The fund is non-diversified.

    Fund Operations 
    Last Dividend (Dec 26, 2012) : 0.01
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Dec 30, 2013) : 60.20%
    Average for Category:62.99%
    Fees & Expenses 
    ExpenseGAAEXCategory Avg
    Annual Report Expense Ratio (net):1.98%1.52%
    Prospectus Net Expense Ratio:2.00%N/A
    Prospectus Gross Expense Ratio:2.13%N/A
    Max 12b1 Fee:N/AN/A
    Max Front End Sales Load:N/A5.14%
    Max Deferred Sales Load: N/A2.27%
    3 Yr Expense Projection*:654708
    5 Yr Expense Projection*:1,1321,087
    10 Yr Expense Projection*:2,4522,163
    * Per $10,000 invested