Energy Mutual Funds

Energy Mutual Funds are mutual fudns that are devoted to the energy field. The energy mutual fund sector includes funds that invest in traditional energy companies such as those that produce or deliver petroleum, standard electric companies, or companies that research the development of energy from alternative or renewable sources.

It is important to note that there is a difference between "energy mutual funds" and Alternative energy mutual funds or renewable energy mutual funds. As stated, energy mutual funds invest in companies that produce energy, regardless of it's source. Alternative energy mutual funds only invest in companies that produce energy from alternative sources that tend to be renewable and more environmentally friendly, such as solar or wind power.

Over the last several years the world's rate of energy consumption has grown faster than the world's rate of energy production. This, coupled with President Obama's renewable energy plans have led to a strong desire for greater development of the alternative or renewable energy business. This is providing an influx of cash to the industry and many people believe that it will lead to long term profits.

To earn good amounts of money while investing in environmentally friendly companies you should consider alternative energy mutual funds.