Ethical Performance
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Roger Aitken, analyst, interprets the November 2013 data:

December 2013

The £6.58m Guinness Alternative Energy C fund continued its top ranking amongst UK Registered funds over the past year to 31 October 2013 with an improving cumulative +94.44% performance (+77.63% in year to end September 2013).

But over the past three- and five-year time horizons this fund posted a -18.72%/140th rank and -8.19%/119th rank, respectively. Sarasin Sustainable Equity USA P US$ fund scooped the runners up spot over the past year to date with +44.17% versus +39.27%/15th rank over three years - from the £34.1m KBI Institutional Alternative Energy A EUR fund with +43.95% (-6.17% over past three).

SUNARES bottom ranked in this sector out of 154 funds with a -37.51% return over the last 12 months versus -48.63% over past three years, while PIMCO GIS Socially Responsible EM Bond Inst US$ fund came second bottom with -2.82% - against +13.95% over the last three years.

In US Mutual funds sector, Firsthand Alternative Energy fund outpaced the pack over the past one year with a +91.25% performance, followed by the $26.89m Guinness Atkinson Alternative Energy fund with an improving +81.60% and the $269.86m Eventide Gilead N fund in third spot with +53.53%. The latter ranked No.1 over the past five years with a quite stunning +197.39%.

The sector’s bottom five funds were tightly bunched: Calvert Tax-Free Bond A at -3.71% to GuideStone Funds Inflation Protected Bond GS4 at -6.28% on a past one-year view.

LSF Asian Solar & Wind A1 fund took top spoils in the European Funds sector over the past year on an improving +181.03% performance out of 1,111 funds, but compared less than favourably to its -28.62% (999th rank) over a past three-year horizon. MAP Clean Technology Fund I was runner up for the past year (+97.74%), followed by Guinness Alternative Energy A fund with +85.75% versus a -15.21%/988th rank over the last three years. Triodos Vastgoedfunds propped up the sector with a fairly static past one-year performance of -40.98% (-46.68% over past three).

The UK Individual Pensions sector displayed the best peer group average (cumulative return) over both one and three-year periods at +27.37% and +38.43%, respectively. Top ranked fund for this sector over the past 12 months was Skandia/Ecclesiastical Amity European Pension fund with +39.26% versus +27.51% (87th rank) over the past three years. Over the past five-year horizon the US Mutual Funds sector turned in the best peer group average performance with +86.53%.




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