The oil price was moving up starting from 2011. In early May, crude oil price climbed above USD 110 per barrel, which was fuelled by the geopolitical instability in Middle East region. On the other hand, Japan’s earthquake and nuclear disasters also touched off the worry of energy crisis. All these aroused the investors’ interest over alternative energy. Sector Equity Alternative Energy funds category rose 10.48% in one year. This week we have BGF New Energy Fund and Pictet - Clean Energy Fund for comparison.
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