Question by crazylink84: What is a good “green energy” mutual fund?
I plan on investing some money for the long term(20+ yrs) and I’m eying energy based mutual funds. Could someone suggest a fund that looks steady and strong? Thanks.
Best answer:
Answer by Johnny Friendly
I think you’d be better off going with an ETF rather than a mutual fund because of their lower expense ratios. A few you might want to consider:
PBW
PBD
PZD
GEX
If you’re looking for a “steady” fund, alternative energy is probably not the way to go. It’s a new industry with many small companies, so expect a lot of volatility. PZD might be less volatile than the others because it includes some large, established companies like Siemens and Corning.
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