This fund for years has used a stricter and more demanding screen than all others and has focused upon alternative and solar energy companies. As is true for all types of funds, investors must do their homework. Pick a fund manager who diligently researches the companies and tracks the rapid changes in the environmental industry. Stay away from funds that merely buy a bit of everything that is available and has anything at all to do with the environment. And remember, environmental investing is like any other type of mutual fund investing.
Investment is for the long term.
A version of this report was authored by Ritchie P. Lowry in the Boston Business Journal and in several of Good Money's publications. . HTML Updated and Graphic Added on November 23, 1998.