New Alternatives Fund New Alternatives Fund
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Company Overview
Portfolio Managers

Areas of Investment
Alternative Energy

List of Investments

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Oil is a finite resource. The majority of U.S. oil is currently imported from foreign sources. Many of these sources are in unfriendly, politically unstable regions. Foreign oil dependence may be seen as a basis for military challenges to irrational events. Oil is a significant contributor to pollution.

Coal is the dirtiest fossil fuel.  It provides half of US electricity. There may be future technologies for the transformation of coal to a clean source of energy, in which we may consider investing.

Nuclear power
Atomic Energy is not included as an area for alternative energy investment. There is a significant potential for accident or attack, unresolved radioactive waste disposal problems, excessive cost and frequent community opposition. There is increasing distress with the cost of dismantling atomic energy facilities as they mature or depreciate. Dismantling is expected to be more expensive than original production because much of the hardware has become tainted.

(We do, however, invest in natural gas because it is the cleanest of the conventional fuels and is often used to displace dirtier options.)

Weapons Manufacturers



Socially Irresponsible Business Practices

We do not invest in companies with:

unfair/discriminatory labor practices
employment of children
poor treatment of people in developing countries
discrimination of any sort, including that based on religion, race, ethnicity, gender, sexuality or disability
damaging environmental policies
animal testing practices

We remain alert to changing social concerns.

Alternative Energy

Renewable Energy
Wind Power
Solar Power
Ocean Energy
Geothermal Energy
Biomass Energy

Fuel Cells & Hydrogen

Energy Conservation & Enabling Technologies

Other Areas

Natural Foods
Clean Water
Clean Air
Natural Gas

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.