New City Energy aims to deliver attractive returns to its shareholders principally in the form of capital growth yet with some prospect of income.New City Energy was established to invest in the securities of companies involved in the exploration, development and production of energy, and related service companies, for both existing and alternative supplies and types of energy including, but not limited to, shares, convertibles, fixed income securities and warrants. Up to 30 percent of gross assets may be invested in companies operating in other sectors.