Energy mutual 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 ?
Zacks also recently named the Global Resources Fund as a top five Energy Mutual Fund.
As of 12/31/10, the Global Resources Fund earned a Zacks Rank of 1 for the 1-year, 3-year, 5-year and 10-year periods, out of 38 Energy Mutual Funds.
has launched a new energy mutual fund, which brings to bear the vast expertise that Cavanal Hill and BOK Financial has in the energy industry, along with its know how about the ways energy industry influences global economic growth and development.
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.
Alternative energy mutual funds are a strong investment sector, which has strong returns.
Long-term returns for alternative energy mutual funds have improved.
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.
The Renewable Energy 401(k) Tax Credit will prompt the growth of existing renewable energy mutual funds thereby increasing renewable energy production.