Energy mutual fund

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 Johnsons could also use a hedge against inflation, which can be accomplished by putting 10% of their portfolio into a precious metal mutual fund and an energy mutual fund, says Dunagan.
When disaster strikes, you cant power your refrigerator with alternative energy mutual funds; you can't fix your broken water filter with U.S.
The easiest way to add some green consciousness to your investment portfolio is to invest in alternative energy mutual funds and exchange traded funds (ETFs) and un-invest in the mega-billion dollar fossil fuel industry in which many of today's big name funds are heavily invested.