The fund seeks to track the total return performance of a benchmark index before fees and expenses by investing in companies across any size in the United States.

The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.

The process focuses on companies that are involved in the exploration and production of energy products such as oil, and natural gas.

Then the research team employs an indexing investment approach to track the performance of the MSCI US Investable Market Index (IMI)/Energy 25/50 Index.

Next, the research team focuses on companies that are engaged in the energy sector.

The team follows the Global Industry Classification Standard energy sector classification which includes companies engaged in exploration and production, refining and marketing, and storage and transportation of oil and gas and coal and consumable fuels.

The GICS energy sector classification also includes companies that offer oil and gas equipment and services.

Then the manager constructs a diversified portfolio from a list of companies favored by the research team and allocates capital based on its conviction level.

The fund seeks to replicate the composition of the benchmark index, holding each security in approximately the same proportion as its weighting in the Index.
 

The fund seeks to track the total return performance of a benchmark index before fees and expenses by investing in companies across any size in the United States.

The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.

The process focuses on companies that are involved in the exploration and production of energy products such as oil, and natural gas.

Then the research team employs an indexing investment approach to track the performance of the MSCI More