Fund Description

The fund, under normal circumstances, invests at least 80% of its assets in U.S. and international alternative energy and alternative energy technology companies. Alternative energy includes energy generated through solar, hydrogen, wind, geothermal, hydroelectric, tidal, biofuel, and biomass. Alternative energy technologies include, but are not limited to, technologies that enable energies to be tapped, stored, or transported, such as fuel cells; services or technologies that conserve or enable more efficient utilization of energy; and technologies that help minimize harmful emissions. It may invest in stocks of any market capitalization, with no percentage limit on foreign and emerging markets securities, and may invest a substantial portion of assets in cash or cash equivalents. It uses intrinsic value analysis, is non-diversified, concentrates in alternative energy and clean technology, and does not select investments based on current income.