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

Download a
prospectus and application here

Company Overview
Portfolio Managers

Areas of Investment
Alternative Energy

List of Investments

Account Login

New Alternatives Fund is
The first environmental mutual fund – we began operations in September 1982.
The first mutual fund with a significant concentration in alternative energy.
The “greenest” fund in the United States - The Economist (London, 11/11/1989).

We seek to be affirmatively socially responsible. We select companies that produce something that benefits our environment, such as
alternative energy
clean air and water
pollution prevention
Our environmentally-oriented investments are positive forms of social investment.

We use five socially conscious federally insured banks and credit unions for holding cash. For example, the federally insured South Shore Bank, which focuses on building homes for the less affluent.

We think you should invest with us because you may share our social concerns. Ethical investing has demonstrated that it can earn a profit. No mutual fund can promise a particular result for the future. However, we are optimistic about our chances.

Statement of Additional Information (SAI)

For more information, see our Prospectus, Investment Strategy, List of Investments and Financial Overview.

What Effect Does Social Responsibility Have?

The Fund periodically faces the dilemma of considering investment in a company that produces a promising environmental product, but whose other characteristics are not acceptable to our socially responsible standards. There are various degrees and subjective judgments concerning this theme. We tend towards avoiding companies with negative behavior at the expense of missing out on a promising product.

For more information on our screens, see Investment Exclusions.


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.