Strive U.S. Energy ETF (DRLL)

Overview

The fund aims to provide investment results that closely correspond, before fees and expenses, to the performance of the Bloomberg US Energy Select Index. This index, curated by Bloomberg Index Services Limited, is a benchmark designed to reflect the performance of U.S. companies primarily involved in the oil and gas sector. These sectors include a range of activities such as exploration, extraction, refining, and distribution of energy resources. The choice of index ensures that investors are exposed to leading U.S. equity securities within the energy domain, making it a focused investment tool for those looking to gain exposure to the U.S. oil and gas industry. Notably, the fund is characterized by its non-diversified status, meaning it invests a larger portion of its assets in fewer securities, which could lead to more volatility and risk.

Products and Services

The fund primarily offers the following investment product:

• Bloomberg US Energy Select Index Fund - This investment product is designed to track the Bloomberg US Energy Select Index, reflecting the performance of the U.S. oil and gas sector. Investors looking to invest directly in the energy market can consider this fund as a means to gain exposure to a broad array of companies involved in the energy supply chain in the United States. From exploration and production companies to those engaged in refining and distribution, the index encompasses a wide range of activities within the sector, presenting a unique opportunity for targeted investment in one of the country's critical industries. As a non-diversified fund, it aims for concentrated exposure to the sector, potentially leading to higher returns, albeit with a corresponding increase in risk.