Wednesday, March 22, 2006

New Alternative Energy Fund

Do you want to invest in alternative energy sources?

Guinness Atkinson Asset Management Inc. is going to start a new fund on March 31 that will invest in companies that produce, distribute or store alternative energy, such as fuel cells, wind power, and solar power.

"Increasing global energy demands, coupled with limiting supplies, will continue to force prices for energy higher and, in turn, accelerate the development of alternative energy sources," Tim Guinness, chief investment officer at Woodland Hills said in a statement, adding that Guinness Atkinson believes the shift to alternative energy "provides a new opportunity for investors." (more)

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