1. In the oil and gas industry, the term “unconventional oil” refers to oil that is extracted using methods other than traditional vertical drill hole extraction. Examples of such methods include directional drilling and hydraulic fracturing (commonly known as “fracking”). This extraction method generally requires more water and energy than conventional oil extraction and is therefore a contentious issue because of the environmental pollution it causes.
2. Status: May 2020.
3. An ex post tracking error is calculated on the basis of historical returns. A low level of error indicates that the portfolio performance is close to the performance of the benchmark.
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