Energy mutual fund

(redirected from Energy Fund)

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 ?
Investment management company Tortoise Capital Advisors announced on Thursday the latest quarterly distributions for Tortoise Energy Infrastructure Corp (NYSE:TYG), Tortoise Midstream Energy Fund Inc (NYSE:NTG), Tortoise Pipeline & Energy Fund Inc (NYSE:TTP) and Tortoise Energy Independence Fund Inc (NYSE:NDP) and monthly distributions for Tortoise Power and Energy Infrastructure Fund Inc (NYSE:TPZ) and Tortoise Essential Assets Income Term Fund (NYSE:TEAF).
Minnesota, US-based renewable energy investor Excelsior Energy Capital's North American Renewable Energy Fund has acquired 100% of equity interests in Grupo T-Solar Global USA Inc.
Enabled through the passage of state legislation in July, the program is organized by the Sustainable Energy Fund of Schnecksville, Keystone Energy Efficiency Alliance of Philadelphia, the City of Pittsburgh's Office of Sustainability and the Philadelphia Energy Authority.
Bulgaria'sA Capman Green Energy Fund [BUL:C4P] said on Wednesday that it signed a deal on December 18 to acquire 100% of local Sevko Bulgaria for an undisclosed price, reports Renewables Now.
(NASDAQ: HNNA) has announced it has completed the acquisition of assets related to the management of the BP Capital TwinLine Energy Fund and the BP Capital TwinLine MLP Fund, the company said.
As part of Apple's commitment to address climate change and increase the use of renewable energy within its supply chain, 10 initial suppliers and Apple will jointly invest nearly $300 million over the next four years into the China Clean Energy Fund. The fund will invest in and develop clean energy projects totaling more than 1 gigawatt of renewable energy in China, the equivalent of powering nearly 1 million homes.
Saudi Arabia's ACWA Power has signed a deal with Central Energy Fund to build renewable energy complexes in South Africa.
Hennessy Advisors announced that it has signed a definitive agreement with BP Capital Fund Advisors to purchase the assets related to the management of the BP Capital TwinLine Energy Fund and the BP Capital TwinLine MLP Fund.
Governor Walker included $14 million for the Renewable Energy Fund in his proposed FY19 budget, released December 15, 2017.
The Central Energy Fund, which the strategic fund is part of, said it accepted the resignations of the fund's chairman and the acting chief executive.
The Easterside Partnership's Community Energy Saving and Safety in Easterside Project received the grant from the M&S Energy Community Energy Fund after securing almost 1,000 votes.