Guinness Atkinson Alternative Energy Fund
GAAEX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 225 South Lake Avenue Pasadena CA United States of America 91101
- IPO Date
- Mar 31, 2006
- CIK
- 0000919160
- Website
- gafunds.com
- Similar Companies
- Business
- Guinness Atkinson Alternative Energy Fund (GAAEX) is an open-end mutual fund that seeks long-term capital appreciation by investing at least 80% of its net assets in publicly traded equity securities of alternative energy companies, both U.S. and non-U.S.; its portfolio emphasizes sectors such as industrials, technology, and utilities, with key holdings including Iberdrola SA, Trane Technologies plc, Schneider Electric SE, Legrand SA, and Siemens AG; the fund maintains geographic diversification across the United States (approximately 52%), Eurozone (34%), and other regions including Europe, Emerging Asia, and the United Kingdom. Launched on March 31, 2006, and domiciled in the United States, the fund is managed by Guinness Atkinson Asset Management, Inc., an independent SEC-registered investment adviser headquartered at 251 South Lake Avenue, Suite 800, Pasadena, California, with additional offices historically noted in Woodland Hills, California, and London. The fund targets institutional and retail investors focused on global small- and mid-cap blend strategies within the alternative energy theme, offering daily pricing, a net expense ratio of 1.10%, and minimum initial investments of $5,000 ($1,000 for IRAs); total net assets stand at approximately $16-18 million as of recent reports. Current co-managers Jonathan Waghorn and Will Riley have overseen the portfolio since January 1, 2019, maintaining a low turnover rate of around 16% and a focus on mid-cap companies with exposure to renewable energy, energy efficiency, and related technologies; recent portfolio updates as of mid-2025 reflect ongoing adjustments in holdings like Eaton Corporation, NextEra Energy, and First Solar amid market shifts in sustainable energy demand. Guinness Atkinson Asset Management continues to evolve its offerings, as evidenced by the 2021 conversion of select mutual funds (e.g., Dividend Builder Funds) into ETFs and a December 2025 annual distribution declaration for its SmartETFs Sustainable Energy II Fund, signaling sustained emphasis on sustainable investment vehicles amid broader industry transitions to exchange-traded products.