Although there is a global movement towards clean energy, it will be quite some time before fossil fuels are completely phased out, and until then, Chevron remains a strong investment in the energy sector.

Building our initial portfolio that follows the Dow Jones Industrial Average -index, according to our investment strategy. We buy all the 30 stocks in the index. The number of shares is equal for all stocks because Dow Jones is a price weighted index, meaning that the weight of each stock is decided by the share price. We buy 325 shares of each stock, because this is the maximum amount we can spend without exceeding our target leverage level of 1,8.

In line with the investment strategy. The weight is 5% of the portfolio. Acquiring low P/B-ratio stocks from S&P 500.

Stocks with below industry average PE and PEG ratios are selected for long positions.

Buying the biggest 50 companies in the s&p 500.

DJIA component 7/30. Position as close as possible to the 3,33% ($33 333) initial position allocation as possible, rounding the share amount down.

Building the initial portfolio.