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Wells Fargo Issues Report on Alternative Energy Opportunities for Individual Investors
Wells Fargo Issues Report on Alternative Energy Opportunities for Individual Investors
Published 02-28-06
Submitted by Wells Fargo & Company
It's part of a series of annual reports by Wells Fargo Private Client Services for individual investors and anyone interested in alternative energy. "With the high prices of fossil fuels, investors are increasingly interested in alternative energy sources," said Lloyd Kurtz, senior investment manager at Nelson Capital Management, an investment advisory affiliate of Wells Fargo. "Those sources are growing rapidly and can be attractive long-term investments, but the appropriate role in client portfolios will also depend on their risk tolerance and overall asset mix. Our goal is to help investors achieve optimum results based on their individual investment priorities."
The report covers both electricity generation and transportation, provides an outlook for each of the six major alternative energy sources (nuclear, hydro, wind, solar, hydrogen and biomass) and summarizes the advantages and disadvantages of each option.
"More and more investors are concerned about the types of projects and companies their investments are funding," added Kurtz. "By providing an overview of the pros and cons we're helping our clients understand the issues and opportunities so that they can make thoughtful investment decisions suited to their priorities."
The report examines three tiers of investment options:
A full text version of the report is downloadable from https://www.wellsfargo.com/downloads/pdf/about/csr/alt_energy.pdf.
Wells Fargo is committed to being environmentally responsible in every community in which it does business. The Company integrates environmental responsibility into its business practices and procedures, and has pledged to make $1 billion in lending and other financial commitments by 2010 in environmentally beneficial business opportunities.
Wells Fargo Private Client Services provides financial products and services through various banking and brokerage affiliates of Wells Fargo & Company, including Wells Fargo Investments, LLC (member SIPC). The information and opinions in this report were prepared by Private Asset Management (PAM), the investment management organization within Private Client Services. PAM is a division of Wells Fargo Bank, N.A.. Information and opinions have been obtained or derived from information we consider reliable, but we cannot guarantee their accuracy or completeness. Opinions in the report from Wells Fargo Bank are as of the date of this report and are for general information purposes only. Wells Fargo Bank does not advise of any change in its opinions or the information in this report. Wells Fargo & Company businesses may issue reports or have opinions that are inconsistent with, and reach different conclusions from, this report.
Past performance does not indicate future results. The value or income associated with a security may fluctuate. There is always the potential for loss as well as gain. The investments discussed in this presentation are not insured by the Federal Deposit Insurance Corporation and may be unsuitable for some investors depending on their specific investment objectives and financial position. This presentation is not an offer to buy or sell, or a solicitation of an offer to buy or sell any securities mentioned. Investments discussed or recommended in this presentation may be unsuitable for some investors depending on their specific investment objectives and financial position. More information on any security mentioned is available on request. Asset allocation does not assure or guarantee better performance and cannot eliminate the risk of investment losses.
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