eToro Helps Retail Investors Access Global Oil Markets With New Portfolio

Yoni Assia, CEO and Co-founder of eToro, comments: "The ongoing COVID-19 crisis has dramatically shifted oil demand and this is having a knock-on effect on oil-dependent industries and companies. Is this really a new world order or just a temporary situation caused by the unprecedented crisis the world is trying to navigate?  Yoni Assia, CEO and Co-founder of eToro, comments: "The ongoing COVID-19 crisis has dramatically shifted oil demand and this is having a knock-on effect on...

Yoni Assia, CEO and Co-founder of eToro, comments: "The ongoing COVID-19 crisis has dramatically shifted oil demand and this is having a knock-on effect on oil-dependent industries and companies. Is this really a new world order or just a temporary situation caused by the unprecedented crisis the world is trying to navigate? 

"In response to the strong demand we've seen from our client base asking for exposure to this part of the market in a regulated way, we have launched this portfolio. Many are viewing the low oil prices and impact this has had on some company's share prices as a buying opportunity. 

"We believe that investing should be made as easy as possible for people and markets should be opened up for everyone to invest in a simple and transparent way. Our portfolios enable people to invest in themes and ideas, ranging from 5G technology to gaming and now the oil sector."

Clients can invest in the OilWorldWide portfolio from as little as $2,000 USD. 85% of the portfolio's allocation covers 20 of the largest oil companies in the world by market cap. 15% of the portfolio is allocated to oil ETFs such as the Energy Select Sector SPDR and SPDR S&P Oil and Gas Exploration and Production as well as the oil futures contract available on eToro.

eToro's growing list of portfolios have been designed to make thematic investing easy for retail clients, enabling them to gain exposure to developments in areas such as renewable energy, big tech, drone and 5G technology. 

Notes to editors

Visit our website for more information on the OilWorldWide portfolio.

Geographical breakdown of companies included in this portfolio:

About eToro

eToro was founded in 2007 with the vision of opening up the global markets so that everyone can invest in a simple and transparent way. The eToro platform enables people to invest in the assets they want, from stocks and commodities to cryptoassets. We are a global community of more than ten million registered users who share their investment strategies; and anyone can follow the approaches of those who have been the most successful. Due to the simplicity of the platform users can easily buy, hold and sell assets, monitor their portfolio in real time, and transact whenever they want. www.etoro.com 

Disclaimer:

eToro is regulated in Europe by the Cyprus Securities and Exchange Commission, by the Financial Conduct Authority in the UK and by the Australian Securities and Investments Commission in Australia.

Your capital is at risk. CopyPortfolios™ is a portfolio management product. CopyPortfolios™ should not be considered as exchange-traded funds, nor as hedge funds. 

Past performance is not an indicator of future results. 

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