• Firsthand Alternative Energy Fund

Firsthand Funds

  • Global
  • Natural Resources/Materials

Firsthand Alternative Energy Fund

ALTEX

Summary

The fund seeks capital appreciation in the long term by investing in companies across any size outside the United States.

The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.

Next, the research team Invests in alternative energy and alternative energy technology companies, both U.S. and international.

Alternative energy includes energy generated through solar, hydrogen, wind, geothermal, hydroelectric, tidal, biofuel, and biomass.

Alternative energy technologies include technologies that enable energies to be tapped, stored, or transported, such More

Price

Last Close

$9.94 ( -0.36 )

52 Week HL

$16.13 - $9.47

Net Assets

$21 M

Expense Ratio

1.98 %

Sector Allocation

Dec 31, 2020

Top 10 Holdings

Dec 31, 2020

Company Name

  • SolarEdge Technologies,
  • Enphase Energy,
  • Cree, Inc.
  • Sunrun Inc.
  • Qell Acquisition

Holding

  • 11.9
  • 4.7
  • 4.5
  • 4.3
  • 3.9

Company Name

  • Vestas Wind
  • Sustainable Opportunities
  • Climate Change
  • Decarbonization Plus
  • Spring Valley
  • Total

Holding

  • 3.8%
  • 3.5
  • 3.4%
  • 3.4
  • 3.3
  • 46.7%

Manager

Name

Kevin Landis

Leadership

Single Manager

Tenure

2003

Advisor

Documents

Prospectus

Prospectus

Fact Sheet

Q4 2021

Q3 2021

Q2 2021

Annual Reports

Website

Link

Performance

YTD

-17 %

3 Year

53.34%

5 Year

53.65%

Best

93.71%
2013

Worst

-39.89%
2011

Returns +
Quarterly

2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Q1 0.7% 1.8% -22.1% 15.9% -0.3% 7.8% -5.7% 5% 15% 17.1% -
Q2 -17.8% 0.8% 29.9% 13.3% -2.9% 9% -6.4% -5.2% 3.5% 29.6% -
Q3 - -8.1% 40.4% -2.4% -2% 3.9% 4.1% -18.8% -10.3% 14.7% -
Q4 - -0.2% 27.6% 6.1% -13.4% 4% -1.3% 11.7% -6.5% 10.2% -

Returns +
Monthly

J F M A M J J A S O N D
2022 -18.6% 5.2% 17.6% -18.9% -4.7% - - - - - - -
2021 7.3% -2.2% -2.9% -4% -2.3% 7.6% -4% 0.5% -4.8% 11.3% -0.2% -10.1%

+
Annual

    2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
    0%29%16%29%-6%19%8%-1%14%29%0%

Alpha

2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
ALTEX -17%-84%41%-19%27%-9%-10%-0%94%-24%
S&P 500 -29%16%29%-6%19%8%-1%14%29%-
Alpha -17%-68%12%-12%9%-18%-9%-14%65%-24%

ALTEX S&P 500

Chart +