For clients who want an actively managed, environmentally conscious fund, it's worth taking a look at the very small but fast-growing Gabelli SRI Green portfolio. If you're worried about the future of nuclear power or the revolutions causing oil price spikes, you might consider an alternative-energy mutual fund. "It's a way to bet on an increase in commodity prices without buying actual mines," says Tom Konrad, a chartered financial analyst who blogs at AltEnergyStocks.com.
Gabelli SRI Green lead manager John Segrich has beat his rivals most recently by avoiding clean-energy stocks like wind and solar, which depend on subsidies. Instead, he's buying energy-efficiency stocks, such as recyclers, and new cleaner technologies, as well as small and midsize companies that could do well even if one green trend doesn't pan out.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access