DALLAS, May 31, 2017 /PRNewswire/ -- BP Capital Fund Advisors announced today that the BP Capital TwinLine® Energy Fund (BPEAX) has been named by Charles Schwab Investment Advisory, Inc. (CSIA) to the 2017 Q2 Schwab Mutual Fund OneSource Select List®. Link - OneSource Select List®
Mutual funds on the Select List® are rigorously screened by Schwab experts for performance, risk and expenses. The purpose of the OneSource Select List® is to help investors sort through the thousands of available mutual funds to identify top picks.
Boone Pickens, Chairman of BP Capital, said, "Schwab is a firm I've respected for many years. I'm proud of our team for making the Select List."
To learn more about the BP Capital TwinLine Energy Fund that is on the OneSource Select List® please visit http://www.bpcfunds.com/bp-capital-twinline-energy-fund/
To learn more about the BP Capital TwinLine MLP Fund please visit http://www.bpcfunds.com/bp-capital-twinline-mlp-fund/
About BP Capital Fund Advisors
BP Capital Fund Advisors was formed in June 2013 to, for the first time, offer the broader investing public the opportunity to invest alongside Boone Pickens and his team. The firm's investment strategies were designed to offer exposure to our highest conviction investment themes surrounding the American energy revolution and industrial renaissance. To learn more about BP Capital Fund Advisors, visit www.bpcfunds.com.
IMPORTANT RISKS AND DISCLOSURES
Investors should consider the investment objective, risks, charges, and expenses of the BP Capital TwinLine Funds carefully before investing. A prospectus with this and other information about the Funds may be obtained by calling 1-855-40-BPCAP (1-855-402-7227). Please read the prospectus carefully before investing.
As with any mutual fund, it is possible to lose money by investing in the BP Capital TwinLine® Funds. An investment in either Fund is subject to other risks that are more fully described in the prospectus, including but not limited to risks in Master Limited Partnerships ("MLPs") include, cash flow, fund structure risk and MLP tax risk plus regulatory risks. The prices of MLP units may fluctuate abruptly and trading volume may be low, making it difficult for the Funds to sell its units at a favorable price.
An investment in the BP Capital TwinLine® MLP Fund is, also, subject to risks, include but are not limited to non-diversification, energy-related sector, small-cap and mid-cap stocks, initial public offerings, high-yield "junk" bonds, and derivatives. The Fund is treated as a regular corporation, or "C" corporation, for U.S. federal income tax purposes. Accordingly, unlike traditional open-end mutual funds, the Fund is subject to U.S. federal income tax on its taxable income at the graduated rates applicable to corporations (currently a maximum rate of 35%) as well as state and local income taxes. The Fund will not benefit from current favorable federal income tax rates on long-term capital gains, and Fund income and losses will not be passed on to shareholders. The BP Capital TwinLine® MLP Fund may, also, invest in MLPs that are taxed as "C" corporations.
An investment in the BP Capital TwinLine® Energy Fund is subject to various risks, including but not limited to non-diversified, energy-related sector, small-cap and mid-cap stocks, initial public offerings, and high-yield "junk" bonds. The Fund expects that a significant portion of its distributions to shareholders will be characterized as a "return of capital" because of its MLP investments. If the Fund's MLP investments exceed 25% of its assets, the Fund may not qualify for treatment as a regulated investment company ("RIC") under the Internal Revenue Code ("Code"). The Fund would be taxed as an ordinary corporation, which could substantially reduce the Fund's net assets and its distributions to shareholders.
Shares of the Funds are distributed by Foreside Fund Services, LLC, not affiliated with BP Capital.
Mutual Fund OneSource® is a registered mark of Charles Schwab & Co., Inc. and used with permission. Any information provided by BP Capital Fund Advisors should not be considered either a recommendation by Schwab or a solicitation of any offer to purchase or sell any securities, and Schwab makes no representations regarding BP Capital Fund Advisors' content.
Charles Schwab & Co., Inc., member SIPC, receives remuneration from fund companies participating in Schwab's Mutual Fund OneSource® service for record keeping, shareholder services and other administrative services. Schwab also may receive remuneration from transaction fee fund companies for certain administrative services.
Charles Schwab Investment Advisory, Inc. (CSIA) is an affiliate of Charles Schwab & Co., Inc.
NOT FDIC INSURED • NOT BANK GUARANTEED • MAY LOSE VALUE
BP Capital Fund Advisors
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SOURCE BP Capital Fund Advisors