Powershares Wilderhill Clean Energy Portfolio (PBW)

Sorry for the delay in the series, but today we will continue to look at the Top No Load Alternative Energy Mutual Funds by looking at Invesco PowerShares WilderHill Clean Energy Portfolio (PBW).

The Invesco PowerShares WilderHill Clean Energy Portfolio (PBW) is a no-load alternative energy mutual fund that seeks results that generally correspond to thye proce and yield of he WinderHill Clean Energy Index before fees and expenses. The WinderHill Clean Energy Index is designed to deliver capital growth by selecting companies that focus on clean and generally renewable sources of energy and the technologies that create greener energy.

The fund is mostly non-diversified holding securities in only 51 alternative energy companies. Because of it's non-diversified nature the Invesco PowerShares WilderHill Clean Energy Portfolio (PBW) will experience greater volatility than the market as a whole. This means that this no-load alternative energy mutual fund will experience greater losses than average on down swings and greater profits than average on upswings.

This alternative energy mutual funds top ten holdings are:
Yingli Green Energy Holding Co. Ltd 4.82%
Fuel Systems Solutions Inc. 4.57%
Cosan Ltd (CL A) 4.30%
Trina Solar Ltd (ADS) 4.29%
ReneSola Ltd (ADS) 3.61%
Suntech Power Holdings Co. Ltd (ADS) 3.39%
JA Solar Holdings Ltd (ADS) 3.16%
Ormat Technologies Inc. 3.10%
OM Group Inc. 3.03%
American Superconductor Corp. 3.02%

The Invesco PowerShares WilderHill Clean Energy Portfolio (PBW) alternative energy mutual fund invests across multiple investment styles and capitilizations with the largest groups being Small-Cap Growth (57.31%) and Mid-Cap Growth (24.93%).

This alternative energy mutual fund features a low expense ratio of 0.70%.

All told this is a very solid no-load alternative energy mutual fund that should be considered if you have a long investment horizon that can tolerate swings in value.