TNGY

📎 Investment Objective

The Tortoise Energy Fund (TNGY) seeks to provide exposure to the energy sector, with a focus on companies involved in the production, transportation, storage, and processing of energy commodities.

✨ Key Features

• Provides exposure to the energy infrastructure sector, including midstream companies involved in the transportation and storage of energy commodities
• Seeks to replicate the performance of the Tortoise Energy Index, a benchmark for the North American energy infrastructure industry
• Low expense ratio of 0.00%
• Relatively new fund with limited performance history

⚠️ Primary Risks

• Concentration risk as the fund is focused on the energy sector
• Volatility risk as energy infrastructure companies can be impacted by commodity price fluctuations and regulatory changes
• Liquidity risk due to the fund's small asset size and limited trading volume
• Lack of long-term performance history to evaluate the fund's ability to meet its investment objective

👤 Best For

The Tortoise Energy Fund may be suitable for investors seeking exposure to the energy infrastructure sector as part of a diversified portfolio. However, due to the fund's limited history and small asset size, it may be more appropriate for experienced investors with a higher risk tolerance and a long-term investment horizon.