OFOS

The Range Global Offshore Oil Services ETF (OFOS) endeavors to mirror the financial performance of companies that operate within the extensive offshore oil services ecosystem. This encompasses entities engaged in a broad range of activities, including the discovery, extraction, infrastructural development, movement, and supply of offshore petroleum resources. Under standard operating conditions, the fund commits a significant majority—at least 80% of its net assets (plus any capital acquired through borrowing for investment purposes)—to securities issued by firms predominantly involved in the offshore oil sector. It's important to note that this fund maintains a non-diversified portfolio, meaning its investments are concentrated rather than spread across a wide array of industries.