Alerian aims to provide unbiased MLP benchmarks that are both investable and replicable for stakeholders. No “black box” system is used to select constituents. We believe that it is imperative for the methodology that stands behind each of our indices to be completely transparent and publicly available so that you can understand the process we use to design, construct, and maintain each of our indices.
It is not possible to invest directly in an index. Index performance does not reflect the deduction of any fees or expenses. Past performance is not a guarantee of future returns. The addition, removal, or inclusion of a security in any Alerian index is not a recommendation to buy, sell, or hold that security, nor is it investment advice.