Leewood, KS-based Tortoise Capital Advisors has rolled out the Tortoise North American Energy Independence Fund (TNPTX, TNPCX), a mutual fund that invests primarily in equity securities of North American oil and gas production companies.
Expenses range from 146 basis points to 246 basis points, depending on the fund class.
“We are in a new era of unprecedented North American production growth that has the potential to make our nation increasingly energy independent,” stated Tortoise senior investment analyst, Rob Thummel.
“This fund seeks to directly participate at the heart of this opportunity, targeting companies across North America with a strong presence in premier shale basins.”
