Range Global Offshore Oil Services Index ETF (OFOS)

Overview

The company focuses on tracking the performance of entities active in the offshore oil services ecosystem. This encompasses a broad spectrum of activities including production, exploration, development, transportation, and distribution of offshore oil resources. The investment strategy primarily involves allocating at least 80% of its net assets, in addition to any borrowings for investment purposes, into securities of companies engaged in offshore oil operations. Given its concentrated investment in the offshore oil industry, the fund is classified as non-diversified, emphasizing its specialized investment approach in a specific sector of the market.

Products and Services

• Offshore Oil Services Investment Tracking:

  The primary service offered involves tracking the performance of companies within the offshore oil services industry, focusing on multiple stages such as production, exploration, development, transportation, and distribution. This service is essential for investors looking to understand and capitalize on the opportunities within the offshore oil sector.

• Specialized Investment Fund:

  With a strategy to invest at least 80% of its net assets in securities of offshore oil companies, this fund provides a specialized investment vehicle. The focus is narrow, centered on companies that are pivotal to the offshore oil ecosystem, offering investors a targeted exposure to this sector.