Energy mutual fund
Energy mutual fund
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