The 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.

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.

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.

Sales charge exemptions are available (click here for our prospectus).

No load.

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