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David Barron

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Thursday, 27 March 2008
Green Investments Are Investments In The Future

I was surprised that some green oriented mutual funds have been doing so well over the years.

"The Acuity Clean Environment" fund has a compounded return of 9.3% since its inception in 1991. From Jan. 1 to Dec. 31, 2007 the fund had a gain of 30.3%. That sure beats the 8.8% gain of the Dow.

In the U.S., "The WilderHill Clean Energy Portfolio" has had a gain of 65.7% since inception in Aug/2004.

Not only are these funds socially and environmentally responsible, but they're highly profitable as well. This reminds me of how Microsoft developed in the late 1970s.

If you're interested in the next big thing, check out "Green Investing: A Guide To Making Money Through Environmentally-Friendly Stocks" by Jack Ulrich.

Good news can be found in the U.S./Canadian stock markets, but sometimes you have to search deep to find it.

 

 


Posted by qualteam at 10:21 PM EDT
Updated: Thursday, 27 March 2008 10:34 PM EDT

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