The European Oil and Gas folio is designed for investors seeking aggressive capital growth and significant volatility.
The European Oil and Gas folio is designed to track the Bank of New York Mellon European Oil and Gas ADR Index. The index tracks a compilation of European companies with primary business operations in the oil and gas industry that are listed on U.S. exchanges.
Foreign markets may move differently than domestic markets and concentrated companies in a specific industry may offer greater capital growth potential in return for higher volatility than their domestic counterparts.
Last Updated: April 23, 2018
Inception Date: 2008-11-18 00:00:00.0
Date Funded: 2012-10-09*
|Year to Date||10.27%||0.45%|
|1 Year Volatility||15.17%||12.11%|
* Returns reflect model performance from the Inception Date to the Date Funded, and funded performance since the Date Funded, if funded. Your returns may deviate significantly from the values displayed here, due to many factors, including how long after a strategy has been updated that you place orders to update your holdings.
Note: Weights for BNY Mellon Folios only available when logged-in.
(% of Folio)
|1||BP||bp plc adr||21.22%|
|2||E||eni s p a adr||7.18%|
|3||RDS.A||royal dutch shell plc spons adr a||23.44%|
|4||RDS.B||royal dutch shell plc spon adr b||19.59%|
|6||TOT||total s a adr||24.39%|
The Bank of New York Mellon ADR Index folios align with their corresponding BNY Mellon ADR Indices. Below is a summary of the methodology of these indices. For more information on the methodologies and update frequencies of the BNY Mellon ADR indices, visit www.adrbnymellon.com.
All U.S. exchange-listed depositary receipts, New York shares, and global registered shares are eligible for inclusion in the index, regardless of number of shares outstanding, or length of time elapsed since the date of listing.
Eligible securities are evaluated to ensure their overall consistency with the character, design, and purpose of the Select Index to further its use as an effective benchmark. Decisions regarding additions to and removals from the index along with the weighting of the constituents are made by the BNY Mellon ADR Index Administrator subject to periodic review by the BNY Mellon ADR Index Committee.
The number of securities in the folio will vary.
Monthly. BNY Mellon ADR Index folios will generally align with the corresponding BNY Mellon ADR Indices. This involves adjustments for company additions and deletions, weighting in the index, share changes, stock splits, stock dividends, and stock price adjustments due to company restructurings, spin-offs, or other corporate actions and other adjustments deemed necessary by the BNY Mellon ADR Index Administrator.
If the characteristics of the Folio have changed substantially, the securities included may change. Also, corporate actions, such as a merger, or other events may cause changes to the securities held at any time. Your returns may deviate significantly from the values displayed here, due to many factors, including how long after a Folio has been updated that you place orders to update your holdings.