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New Alternatives Fund Objectives


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To purchase or redeem shares or for additional help with your account please contact shareholder services.

Shareholder Services

Transfer Agent

New Alternatives Fund
P.O. Box 534456
Pittsburgh, PA 15253-4456

Our Fund

We offer New Alternatives Fund in two share classes, “A” Shares (NALFX-front end load) and Investor Shares (NAEFX-no load), to individual and institutional investors who are seeking long-term capital growth and current income through environmental investments. The Fund’s portfolio managers select common stocks in a wide range of industries that produce products and operate facilities that benefit our environment and replace the use of fossil fuels.

Our Investment Principles

At New Alternatives Fund we seek investments according to the following principles:

Most of this Fund’s investments will be in companies that contribute to a clean and sustainable environment.

Our special interest is in Renewable Energy.  We focus on companies that produce and conserve energy through reduction of pollution and harm to the environment; particularly when compared to conventional coal, oil or nuclear energy.

We seek companies with non-discriminatory practices at all levels of their work force.

These environmentally oriented investments are all positive forms of social investments.

Our Formula

We have no commitment to a specific formula in selecting investments, such as favoring growth or value or any technical system. We select securities for purchase or sale by subjective concern to the areas of interest and concentration. Attention is given to the perceived prospects for the company selected and its industry, with concern for economic, political and social conditions at the time. The Advisor assesses the perceived risk of the investment at a particular price.

The Fund maintains modest amounts in socially concerned (federally insured) banks that are committed to serving community needs.

A Shares (NALFX)

Purchase Amount

up to $24,999.99

$25,000.00 to $99,999.99

$100,000 to $249,999.99

$250,000 to $999,999.99

$1 million or more

Sales Load as % of Offering Price






Sales Load as % of Net Asset Value






Investor Shares (NAEFX)

No load.

Subject to a 2% redemption fee on any shares redeemed within 60 days of their initial purchase.

Ways to Invest

You may invest directly with us and open your account today.

Open an Account

Or have your investment advisor or broker/dealer invest in NALFX or NAEFX for you.

Be Informed

Before investing please download and read the Prospectus.

Investor Profile

Who this fund is for:
  • Individual and institutional investors
  • Investors seeking long-term capital growth and current income through renewable energy/energy conservation investments.
Who should not invest:
  • Risk averse investors

Fund Address

New Alternatives Fund
150 Broadhollow Rd., Suite PH 02
Melville, NY 11747

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