Tortoise North American Pipeline Fund (TPYP)

Overview

The company described primarily operates as an investment fund, specifically focusing on the equity securities of North American Pipeline Companies. It employs a strategic approach to investing, dedicating at least 80% of its total assets toward securities or depository receipts that are part of its underlying index. This underlying index is notable for being proprietary, rules-based, capitalization weighted, and float adjusted, indicating a methodical strategy designed to mirror the overall performance of the equity securities within this specific sector. The fund's operation model is classified as non-diversified, implying a concentrated investment strategy that targets a particular niche within the broader equity market, in this case, the pipeline industry in North America.

Products and Services

This investment fund offers a focused product designed for investors looking to capitalize on the performance of North American Pipeline Companies. Below is a detailed overview of the product and services:

• Equity Securities Investment:

  An investment service that allocates at least 80% of its total assets towards equity securities or depository receipts of companies involved in the North American pipeline sector. This service leverages the fund's proprietary index to target investments, aiming to provide a comprehensive reflection of the sector's overall performance.

• Proprietary Index Tracking:

  The fund utilizes a specialized, proprietary index that is rules-based, capitalization weighted, and float adjusted. This index is designed to meticulously track the performance of the equity securities in the North American Pipeline sector, offering investors a structured approach to engage with this specific market.