The Oil Sands Sector Indexâ„¢ was designed to give investors the maximum exposure to the fastest growing industry in the Canadian energy sector. The index is restricted to companies that are highly focused on oil sands production and are expected to increase their oil sands production in the next ten years.

Companies that were bought out by foreign corporations or have (in the opinion of the index creator) lower prospects for generating meaningful production in the next ten years were eliminated. Only 16 companies made the index list on June 30, 2007 based on the aforementioned criteria. The weightings were based on a proprietary mathematical formula that focused on several key factors such as current production, expected future production in ten years, liquidity and market capitalization.

The index is just as diversified as current index offerings in the energy sector (S&P/TSX Capped Energy Index – Canada and S&P Energy Index – US) but has a significantly higher weighting towards oil sands producers.