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Roger Aitken, analyst, interprets the October data:

By 3p Contributor

Guinness Alternative Energy C, a £2.8m fund, came top amongst UK Registered funds over the past one year to 31 August with a cumulative +64.51% return – versus -21.51%/149th peer group rank over the past 3 years and -48.36% over the past five.

KBI Institutional Alternative Energy A EUR fund scooped the runners-up spot on the past one-year view (+38.35%) but came 145th (-4.61%) over 3 years and 129th (-48.36%) over five. Jupiter JGF China Sustainable L USD fund took fourth spot with +36.36% over the past year (-1.40%/140th over three years). SUNARES again ranked bottom in the sector for the past year posting -28.08%.

The $18.24m Guinness Atkinson Alternative fund continued its top ranking among the US Mutual funds universe for the 12 months past with a robust +50.17% performance. However, it ranked a lowly 200th over the past three years (-27.35%) and 185th (-68.90%) over the previous five. The $120.21m Eventide Gilead N fund came second top for the last 12 months (+47.09%) and top ranked spectacularly over three and five years at +112.20% and +122.28%, respectively. Firsthand Alternative Energy, a $6.70m fund, came third for the past year (+45.86%) but stood 183rd (-42.61%) over five years and muddied the waters.

LSF Asian Solar & Wind A1 fund took the spoils amongst European funds over the past year with a massive +101.84% return, but contrasted with a -38.33% (1,022nd ranking) three-year performance. MAP Clean Technology Fund I came second over the past one year (+97.74%), followed by Guinness Alternative Energy A fund’s +53.96% (-22.69%/1,012th over three years).

Triodos Vastgoedfunds bottom ranked again here for the past year (-55.80%), mirroring similar poor three- and five-year performances. Overall this sector posted the lowest past one-year peer group average performance at +8.23%.

For UK Insurance funds Skandia/Premier Ethical Life come top over the past year with +30.89% (+50.55%/16th over three years). Canlife/Allianz Global Eco Trends 4 Life closely followed with +29.53% (+25.83%/76th over three years), while L&G/Life Neptune Green Planet fund picked up the wooden spoon (-8.87%/111th).

The UK Individual Pension funds sector displayed similar behaviour to analysis one month earlier with top and bottom spots over the past year being FL/Premier Ethical EP Pension fund (+37.05%) and ReAssure NM Deposit Pension fund (+0.24%/123rd). 

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