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One of the top performing funds of the third quarter owes more to Ralph Nader than it does to Warren Buffett.
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Alternative Energy Fuels One of Quarter's Top-Performing Funds
| See Also | |
| Third-Quarter Fund Roundup: Value's Tortoise Cruises by Tech's Hare | |
| Third-Quarter Fund Roundup: The Big 10 Failed to Post Big Numbers |
The (NALFX Quote)New Alternatives fund, which invests only in clean-environment companies involved in such industries as alternative energy, recycling and natural foods, has had an impressive track record this year. It is ranked No. 2 among all funds for the third quarter, with a 32% return. And its 74% year-to-date return ranks among the top 15 funds, according to Lipper.
But the fund's father-and-son management team of Maurice and David Schoenwald don't want investors who are just looking for performance -- they're more interested in attracting true believers. ...
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