ABB_id2059
in News Departments > FYI
print the content item

Lebanon, N.H.-based American Trust Investment Advisors LLC has launched the no-load American Trust Energy Alternatives Fund. The new fund will seek to identify domestic and international publicly traded companies that will play a role in meeting increased worldwide energy demand.

The American Trust Energy Alternatives Fund's investment objective is long-term capital appreciation. The fund will seek companies that are either directly involved in some capacity in alternative energy production or that are likely to benefit from the development of these technologies. The fund will screen almost 300 energy-related companies worldwide to evaluate the economic viability and scientific soundness of their products and services. The alternative energy companies included will cover a broad range of technologies, including solar, wind, geothermal, hydro, tidal, biofuel and other energy-generation or -storage technologies.

"The fund will focus on three opportunity sets: eco-technology leaders, critical path companies and resource-based investments," says Carey Callaghan, chief investment officer at American Trust Investment Advisors. "The Energy Alternatives Fund will invest in companies pioneering sustainable practices and products as well as in companies that supply key parts, expertise or other value-added components to eco-technology companies. The fund will also seek to identify companies that own natural resources or other assets that are likely to benefit from these trends."

The minimum initial investment in the Fund is $5,000 for regular accounts and $2,500 for individual retirement accounts. The minimum subsequent investment is $100.

SOURCE: American Trust Investment Advisors LLC

IOWA Economic Development id2073

Trachte_id2056
Latest Top Stories

The Song Remains The Same: AWEA Says Stable Policy Can Protect U.S. Wind Investment

Although the U.S. wind industry added more than four times the amount of wind in 2014 compared with 2013, predictable policy is needed to sustain its long-term success.


High Net-Worth Investors Claim 'All Of The Above' On Energy, Renewable And Otherwise

According to a recent Morgan Stanley poll, high-dollar investors favor investment in renewable energy technologies, such as wind and solar.


U.S. Wind Power Installations Surpassed 4.7 GW Last Year, Although China Still Leads

Bloomberg New Energy Finance reports that U.S. wind installations came back in a big way from a disappointing 2013.


IRS Specifies Performance, Quality Standards For Small Wind Turbines

The Internal Revenue Service (IRS) recently issued guidelines creating safety and performance standards for small wind turbines to be eligible for the 30% investment tax credit.


Hot Times North Of The Border: Canada Tops Previous Record For Installed Wind Capacity

For the second consecutive year, Canada's wind market has bested the country's previous mark for new installations.

Hybrid Energy Innovations 2015