Energy mutual fund

(redirected from Energy Funds)

Energy mutual fund

Mutual fund investing in energy stocks only, e.g., oil and gas companies.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
The companies are firming up plans with those funds to launch multiple Renewable Energy funds in 2017, geared around Innovative Solar Systems' yearly range of more than 200 projects totalling more than 10GW's of Solar Farm projects currently in development and covering over 35 US States.
The company aims to have the final details firmed up soon so that a long part of the company's yearly revolving pipeline can be placed into these various Renewable Energy funds going forward.
M2 EQUITYBITES-April 22, 2016-Casillas Petroleum, Kayne Anderson Energy Funds Partnership Buy Chesapeake Energy Assets for USD 106m
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.
In the Sunday Telegraph on March 20, Gerard Reid from the investment bank Jefferies was quoted as follows: "The energy funds I am speaking to, not alternative energy funds but funds who were pro-nuclear, they have gone anti-nuclear."
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.