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As of June 5, 2017, the fund was converted to a Mutual Fund.
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The Advisors
Middlefield Capital Corporation ("MCC") is the advisor for the Trust's portfolio. MCC and its affiliates provide a variety of financial services including investment management, corporate finance, merchant banking, mergers and acquisitions, advisory and security placement services. MCC has developed a special expertise in the natural resource, real estate and global equity income sectors.

Special Advisor

Groppe, Long & Littell a Houston, Texas based oil and gas consulting firm, is one of the world’s leading forecasters of oil and natural gas prices. The firm provides consulting services to government, corporate and private clients involved in the oil, natural gas, refining and petroleum industries.

Groppe, Long & Littell acts as a consultant to Middlefield with respect to the strategic outlook for the energy sector. The firm provides Middlefield with analysis of the global economic and political forces impacting the prices of oil and natural gas. Henry Groppe, the Company’s founder, is the individual primarily involved in providing services on behalf of his firm to Middlefield. He has over 50 years of management, economic and technical experience in the energy field. Mr. Groppe was employed with Dow Chemical Co., Monsanto Co., Texaco Inc., and Arabian American Oil Company in Saudi Arabia before establishing Groppe, Long & Littell in 1955. Since 2003, he has also served as an energy advisor to the Alberta Department of Energy.

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