Cushing Utility & MLP ETF (XLUY)

Overview

The investment strategy primarily focuses on replicating the performance of the Cushing® Utility Index before fees and expenses. This involves allocating at least 80% of the fund's assets towards the stocks comprising the index. The targeted index itself is a select group of utility companies that are considered for inclusion from the broader S&P 500 Utilities Index as well as the Cushing® 30 MLP Index. This approach emphasizes investments in utilities and midstream energy infrastructure businesses, reflecting a non-diversified fund structure. The emphasis is on sectors that often provide essential services and, as a result, may offer a degree of stability and potential for income generation.

Products and Services

• Utility and Midstream Energy Infrastructure Investing

  This product focuses on investing in utility and midstream energy infrastructure companies. These sectors are considered to provide essential services, which can potentially offer stable returns and a degree of resilience against market volatility. The fund achieves this by targeting investments in companies listed within the Cushing® Utility Index and the Cushing® 30 MLP Index.

• Index Tracking Investment Approach

  This strategy involves tracking the investment results of the Cushing® Utility Index, before accounting for fees and expenses. It aims to provide investors with exposure to the utilities sector through a carefully selected index comprising companies that show promise within the utility and midstream energy infrastructure industries. By aligning the fund’s asset composition closely with that of the index, investors can potentially benefit from the collective performance of these selected companies.