Funds Group: Firsthand Funds
Management Company: Firsthand Capital Management, Inc.
Funds Affected: Firsthand Alternative Energy Fund
Principal Sustainable Investment Management Strategy: Thematic Investing
The fund invests its assets in alternative energy and alternative energy technology companies, both U.S. and international. Alternative energy currently includes energy generated through solar, hydrogen, wind, geothermal, hydroelectric, tidal, biofuel, and biomass. Alternative energy technologies currently include, but are not limited to, technologies that enable energies to be tapped, stored, or transported, such as fuel cells; services or technologies that conserve or enable more efficient utilization of energy; and technologies that help minimize harmful emissions from existing energy sources, such as helping reduce carbon emissions.