Normal
That's a very hard question to answer. You probably have to ask "Betashares", the fund manager itself to find out what happens in that case.My best guess is "OOO" will still exist even in an $0 oil price environment and continue to erode any value in it. Then if and when the oil price goes back up it'll massively underperform which is why I have decided to play Oil price in better ways. And that way in my opinion, is to buy beaten down quality Oil stocks when the Oil price gets hammered or trades down to zero levels.I don't want to directly recommend any Oil stocks since that would be giving investment advice. But if you wish to see which Oil stock I currently own and is showing profits with the Oil price rebound as well as my other stock holdings, see Speculative Stock Portfolio. It's not a 'buy and forever hold' portfolio but stocks generally gets traded over longer time periods (months/years).
That's a very hard question to answer. You probably have to ask "Betashares", the fund manager itself to find out what happens in that case.
My best guess is "OOO" will still exist even in an $0 oil price environment and continue to erode any value in it. Then if and when the oil price goes back up it'll massively underperform which is why I have decided to play Oil price in better ways. And that way in my opinion, is to buy beaten down quality Oil stocks when the Oil price gets hammered or trades down to zero levels.
I don't want to directly recommend any Oil stocks since that would be giving investment advice. But if you wish to see which Oil stock I currently own and is showing profits with the Oil price rebound as well as my other stock holdings, see Speculative Stock Portfolio. It's not a 'buy and forever hold' portfolio but stocks generally gets traded over longer time periods (months/years).
Hello and welcome to Aussie Stock Forums!
To gain full access you must register. Registration is free and takes only a few seconds to complete.
Already a member? Log in here.
