| Save Earth Fund whether the environmental market storm |
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2008-11-04 15:55:53 Equity markets around the world finished the month significantly in the red, and all environmental indices were down for the month. The Wilderhill Clean Energy Index lost -28.01% in euro terms and the S&P Water Index finished down -21.66%. Despite the extreme conditions, the Save Earth Fund with its diversified sector and strategy exposure finished the month at -11.89 %, bringing it to -19.20% since inception. In light of the wider environmental sector’s erformance, we are pleased with the fund’s ability to limit the extent of its downside exposure during environmental market turmoil. For more information, please read the montly report for October. |
Save Earth Fund invests in renewable energy, environmental technology and water management through actively managed funds, ETFs and stocks. The fund is the only of its kind in Sweden. Our aim is to generate a return that clearly exceeds that of the MSCI World index, with a lower than the average risk of environmental funds. No minimum investment. The management fee is 1%. Daily subscriptions/redemptions. Mr Carl Bernadotte, Mr Alexander Jansson and Mr Marcus Grimfors are responsible for managing the fund. Learn more about our managers here. |