TBLU – Tortoise Global Water Fund – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks investment results that correspond generally to the price and distribution rate (total return) performance of the Tortoise Global Water Net Total Return Index. The fund will normally invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the types of securities suggested by its name (i.e., Water Companies). The index is a proprietary rules-based, modified market capitalization weighted, float adjusted index designed to track the overall performance of equity securities of global Water Companies listed on developed country exchanges. The fund is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
TBLU	Tortoise Global Water Fund	ETF	Open			Feb 14, 2017	$53.80M	0.400%	—	—	$1.44M

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