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    Guinness Atkinson Alternative Energy (GAAEX)

    2.53 Down 0.06(2.32%) Feb 5

    Profile as of Jan 30, 2016Get 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:11.97M
    Year-to-Date Return:-13.53%
    Morningstar Rating:3 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 is the lead manager of the Alternative Energy Fund (since April 2013) and co-manager (February 2007 to April 2013). He joined Guinness AtkinsonTM in 2006, where he is responsible for managing assets in both the energy and alternative energy sectors. Prior to Guinness AtkinsonTM, Edward worked as an analyst at Tiedemann Investment Group in New York from 2003 to 2006. Prior to that, Mr. Guinness worked in the corporate finance department at HSBC Investment Bank in London between 1998 and 2002. Mr. Guinness has an MA in Engineering and Management Studies from Cambridge. Edward Guinness is the son of Timothy W.N. Guinness.
    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 88 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) : 42.27%
    Average for Category:85.11%
    Fees & Expenses 
    ExpenseGAAEXCategory Avg
    Annual Report Expense Ratio (net):1.98%1.51%
    Prospectus Net Expense Ratio:2.02%N/A
    Prospectus Gross Expense Ratio:2.06%N/A
    Max 12b1 Fee:N/AN/A
    Max Front End Sales Load:N/A5.17%
    Max Deferred Sales Load: N/A2.17%
    3 Yr Expense Projection*:642654
    5 Yr Expense Projection*:1,1051,025
    10 Yr Expense Projection*:2,3862,051
    * Per $10,000 invested