New Alternatives Fund

New Alternatives Fund
United States

The first mutual fund with a significant concentration in alternative energy.We seek to be affirmatively socially responsible. We select companies that produce something that benefits our environment, such as alternative energy, recycling, clean air and water,
pollution prevention, conservation.
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. The larger part of the Fund's cash is held in federal T-bills.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.

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