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Guinness Atkinson Alternative Energy (GAAEX)

3.81 Up 0.03(0.79%) Nov 26

Profile as of Oct 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:18.79M
Year-to-Date Return:-3.51%
Morningstar Rating:1 stars
Fund Inception Date:Mar 31, 2006
Morningstar Style Box 
Equity Energy
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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:62.79%
Fees & Expenses 
ExpenseGAAEXCategory Avg
Annual Report Expense Ratio (net):1.98%1.53%
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/A5.24%
Max Deferred Sales Load: N/A2.27%
3 Yr Expense Projection*:654711
5 Yr Expense Projection*:1,1321,096
10 Yr Expense Projection*:2,4522,172
* Per $10,000 invested