Cushing Energy Supply Chain & MLP ETF (XLSY)

Overview

The fund described seeks to mirror the performance, excluding fees and expenses, of the Cushing® Energy Supply Chain Index. This goal is pursued through strategic investments predominantly in the securities that comprise the index. It is noted that a minimum of 80% of the fund's total assets, not accounting for collateral from securities lending, are dedicated to investments in the index components. The chosen index combines entities from three major sectors: energy, materials, and master limited partnerships (MLPs), specifically selecting companies from the S&P 500 Energy Index, the S&P 500 Materials Index, and the Cushing® 30 MLP Index. This fund operates with a non-diversified status, focusing its investments sharply within its designated niche in the energy supply chain.

Products and Services

• Tracking of the Cushing® Energy Supply Chain Index

This service involves closely following the performance of the Cushing® Energy Supply Chain Index by investing principally in the assets that make up the index. The intent here is to provide investors with a direct avenue to gain exposure to sectors critical to the energy supply chain, including the energy sector, materials, and MLPs, without the need to individually invest in each component.

• Investment in S&P 500 Energy and Materials Index Companies

As part of its strategy, the fund invests in companies that are represented within the S&P 500 Energy Index and the S&P 500 Materials Index. This includes a focus on companies that play significant roles within the energy sector and the materials industry, aiming to harness the growth and stability potential from these areas.

• Investment in Cushing® 30 MLP Index Companies

This specific investment service targets companies within the Cushing® 30 MLP Index, which comprises master limited partnerships that are predominantly involved in the infrastructure and logistics surrounding the energy sector. This allows investors to benefit from the specialized activities of MLPs, including pipeline operations, storage, and transportation of energy resources.