Portfolio Building Block Integrated Oil & Gas & Exploration & Production Index Etf

Business Description

This fund tracks a specific stock market index focused on oil and gas exploration and production companies listed on major exchanges in developed countries. It follows a straightforward rules-based system to select which companies are included, and at least 80% of its assets are held in those same companies at all times. Because it concentrates on a narrow segment of one industry, the fund is considered non-diversified.