Strategic Energy Fund is a closed-end investment trust that invests in oil and natural gas securities. The Fund is designed to provide long-term capital appreciation and a steady stream of monthly distributions.
Portfolio managers select a diversified portfolio of established companies through income trusts, and public and private early-stage energy companies, adjusting the mix to capitalize on market strengths and opportunities. Typically, whether a company is established or junior, the portfolio managers look for high-growth prospects and proven management.
Investors benefit in several key ways:
• Access to investment in private companies not normally available to retail investors
• Reliable monthly distributions from income trust holdings
• An opportunity to participate in the growth of junior exploration and production companies
• The potential for superior capital appreciation, as the oil and gas sector continues to generate strong returns
The Trust meets the needs of investors who want to participate in the growth prospects of the energy sector, while benefiting from the reduced risk provided by a professionally managed diversified portfolio.
Investors seeking increased growth can reinvest distributions using the Distribution Reinvestment Plan.
Average Annual Compound Returns - by Market Price (as of July 31, 2008)
YTD | 3 Month | 6 Month | 1 Year | 3 Year | 5 Year | SI |
25.7% | 1.3% | 23.7% | 6.1% | -2.4% | 10.9% | 5.4% |
Annual Returns - by NAV 2007 | 2006 | 2005 | 2004 | 2003 | 2002* |
-4.2% | -15.8% | 22.7% | 39.6% | 6.2% | 5.7% |
Annual Returns - by Market Price
2007 | 2006 | 2005 | 2004 | 2003 | 2002* |
-19.4% | -16.4% | 46.4% | 39.5% | 8.9% | -22.5% |
*Total return for the period May 8 2002 - December 31, 2002