Energy mutual fund

(redirected from Energy Funds)

Energy mutual fund

Mutual fund investing in energy stocks only, e.g., oil and gas companies.

Energy Mutual Fund

A mutual fund that invests predominantly or exclusively in energy stocks. As with other sector funds, energy mutual funds are exposed to systematic risk inherent to energy companies. For example, an energy mutual fund will likely perform less well if oil prices drop because many energy companies are largely dependent on profits from oil and related commodities.
References in periodicals archive ?
ENXP") announced today that it has reached an agreement to acquire 18,300 net acres in Houston and Madison Counties, Texas from TreadStone Energy Partners, LLC ("TreadStone"), a Kayne Anderson Energy Funds portfolio company, for approximately $715 million, subject to customary purchase price adjustments.
Thanks in large part to the Renewable Energy Fund, Alaska has one of the largest dedicated renewable energy funds in the United States, according to the Clean Energy States Alliance.
Shell-shocked investors watching the London FTSE-100 sink towards 5,000 might find a refuge in the Guinness Global Energy fund managed by Tim Guinness, who's had a decent run since 1998 running Investec Global Energy funds, says fund wizard Mick Gilligan at London-based broker Killik & Co.
HOUSTON -- Kayne Anderson Energy Funds, which invests in private oil and gas companies, announced that it has closed its sixth fund, Kayne Anderson Energy Fund VI, L.
18, 2011 /PRNewswire/ -- Kayne Anderson Energy Funds ("Kayne Anderson") announces the asset sale of Energy Contractors, LLC ("Energy Contractors"), a leading provider of oilfield services in the Marcellus Shale market, to Nabors Well Services Co.
Cantera is an investment portfolio company of Kayne Anderson Energy Funds ("Kayne Anderson"), with an initial equity commitment from Kayne Anderson Energy Fund VI and management of $100 million.
The four Sustainable Energy Funds and their leadership have done many great things for Pennsylvania to date - such as establishing Pennsylvania as the east coast leader for wind energy.
Treadstone was formed in March 2011 as a Kayne Anderson Energy Funds portfolio company.
HOUSTON -- Newton Energy Partners, LLC ("Newton"), an independent oil and natural gas company headquartered in Houston, Texas, with operations in Alberta, Canada through its Canadian subsidiary NEP Canada ULC, is pleased to announce the company has received an additional $75 million equity commitment from Kayne Anderson Energy Funds ("Kayne Anderson") and management.
And then 1995 could be a very good year for energy funds.