Source: VanEck.
It is designed to provide focused exposure to US-listed oilfield services companies, targeting firms that support upstream energy activities such as drilling, equipment manufacturing, engineering and oilfield technology services, while applying index constraints and capping rules to ensure diversified and balanced representation within the sector.
Main risk factors include the risk of investing in natural resources companies, industry or sector concentration risk and equity markets risk. Please refer to the KID and the Prospectus for other important information before investing. You can lose money by investing in the Funds; the value of investments may go up or down and investors may not get back the amount invested.