Firsthand Alternative Energy (ALTEX)

7.05
Net Asset Value
-0.28%
1 Day
+8.96%
Year-to-Date
Overall Morningstar Rating
Technology
Style or Category
No Load
Sales Expenses
1.98%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks long-term growth of capital. The fund normally invests at least 80% of assets in alternative energy and alternative energy technology companies, both U.S. and international. It may purchase stocks of any capitalization, including, but not limited to, large-cap, mid-cap or small-cap stocks. The fund's international stock investments may include stocks of companies based in or doing substantial business in both developed markets and emerging markets. It may also engage in short sales. The fund may invest a substantial portion of its assets in cash or cash equivalents. It is non-diversified.

Performance

1 month-5.11% 3 years-1.65%
3 months+3.83% 5 years+4.75%
1 year+82.64% Since inception-4.50%
Data through --

Peer Comparisonvs. Technology

 ALTEXCategory
Performance 5-yr return+4.75%+21.68%
Expense ratio1.98%1.62%
Risk 5 year sharpe ratio0.401.16
Net assets$13.6M$753.3M
Average market cap$4.9B$31.0B
Average P/E19.824.0
Portfolio turnover26%26%

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Fund Management and Purchase Info

Fund familyFirsthand Funds
Fund manager & tenureKevin Landis / 6 Years
Minimal initial investment$2,000.00
Minimum IRA investment$2,000.00

Holdings

U.S. stock78.98%
International stock20.96%
Fixed income0.06%
Cash0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Hardware 56.71%
Industrial materials 27.84%
Telecommunication 6.75%
Consumer goods 6.26%
Utilities 2.45%
Top 10 Holdings
Portfolio weighting
GTAT GT Advanced Technologies Inc10.48%
POWI Power Integrations, Inc.7.47%
ABB ABB, Ltd. ADR6.52%
-- SMA Solar Technology AG5.35%
PWR Quanta Services, Inc.5.34%
CREE Cree, Inc.5.30%
ROC Rockwood Holdings Inc4.87%
SCTY SolarCity Corp4.81%
MMM 3M Co3.92%
SUNE SunEdison Inc3.88%

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