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Roger Aitken, analyst, interprets the September data:

By 3p Contributor

Among UK Registered funds Guinness Alternative Energy C, a £2.46m fund, produced a stunning +80.95% over the past one year to 31 July 2013. However, this must be put in context with a -17.99% performance (ranked 150th/2nd bottom) over the past three-year time horizon. Sarasin Sustainable Equity USA P US$ acc, a £18.27m fund, was second top over the past 12-month view with a +50.72% return, just pipping KBI Instl Alternative Energy A EUR to the runners up spot. SUNARES produced a -24.70% performance over the past year .

Guinness Atkinson Alternative Energy fund ranked top among US mutuals with a +65.58% cumulative return over one year to date. This compared with a -26.12% (201st rank) performance for the past three years. In a similar vein, Firsthand Alternative Energy fund took the second top spot with a +62.50% performance against a -18.51% (200th rank) for the past three-year view. GuideStone Funds Inflation Protected Bond GS4 bottom ranked over a 12-month view with a miserable -5.95% return. The bottom five funds in this US mutuals universe for the past one year were nevertheless tightly bunched.


LSF Asian Solar & Wind A1 fund took the yellow jersey for the past 12 months to end July 2013 amongst European Funds with a stellar +100.44% performance out of 1,139 funds in the universe. However, over a three-year view the fund performed far less well posting a -37.27% performance (1,018th rank). MAP Clean Technology Fund I came a close second for the past one year by posting a +97.74% performance. Guinness Alternative Energy A came in third at +63.24%, but ranked 1,008th over three years. Triodos Vastgoedfonds ranked bottom in this sector over a past 12-month view and marginally improved on its three-year performance of -44.28%. SUNARES, a consistent sector lagger, ranked second from bottom here. 

Top ranked among UK Pension funds was FL/Premier Ethical EP Pension fund with a one-year cumulative return of +40.28% versus +58.08% (18th rank) over the past three years. The fund beat Skandia/Premier Ethical Pension fund into second place with a +39.5% performance. Sector winner up to 30 June 2013 (see previous Ethical Performance issue) – Skandia/Ecclesiastical Amity Europe – came out third top.


Little change was seen at the top of the UK Insurance Funds sector with Skandia/Ecclesiastical Amity Europe Life again top ranking with +35.68% over one-year performance gain. 

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