New Alternatives Fund New Alternatives Fund
Prospectus & Application About the Fund Investing Responsibly Financials & Returns Contact Us


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Company Overview
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Alternative Energy

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Maurice and David Schoenwald, the Fund’s portfolio managers, have managed the fund since its inception. They were private practicing attorneys personally interested in liberal, social and environmental matters when they founded the Fund in 1982. They invited friends and neighbors to join them in this project. Each of the friends and neighbors made a modest contribution to reach $100,000 – the minimum required by the Securities Exchange Commission to start a fund.

Operating costs were paid by the law firm for several years. The participating friends and neighbors became the board of directors. The surviving directors remain on the board. The portfolio managers regularly invite shareholder commentary and are attentive to and influenced by shareholder commentary.

Maurice Schoenwald is a Fund Founder, Chairperson and Director as well as Founder and Secretary of Accrued Equities, Inc. He has authored articles on investment and legal material. Maurice was a neighborhood lawyer engaged in a large variety of legal subjects. He taught law to accounting students at Hofstra University as an adjunct. He is a member of the New York Bar (1947) and the Florida Bar (1978).

David J. Schoenwald is a Fund Founder, President and Director of the fund as well as President of Accrued Equities, Inc. He was formerly a journalist with the Newark Star Ledger and an attorney with Law Services, a poverty law agency. He is a member of the New York Bar (1976). David is the son of Maurice Schoenwald.







 

This website should not be considered a solicitation to buy or an offer to sell shares of the Fund in any jurisdiction where it would be unlawful under the securities law of that jurisdiction.