How much of the fund was invested in the Oil & Gas sector?Total value of fund $857m

To determine how much of the fund was invested in the Oil & Gas sector, we first need to know the percentage of the total fund allocated to that sector. However, since the percentage is not provided in your question, I will illustrate how to calculate the investment amount once the percentage is known.

1. Break Down the Problem

• Identify the total fund value.
• Determine the percentage of the fund allocated to the Oil & Gas sector.

2. Relevant Concepts

• The amount invested can be calculated using the formula: $\text{Investment Amount} = \text{Total Fund} \times \left( \frac{\text{Percentage}}{100} \right)$

3. Analysis and Detail

• Let’s assume you have a percentage (let's call it $P$) allocated to the Oil & Gas sector.
• For example, if the percentage is, say, 20%, the calculation would be: $\text{Investment Amount} = 857 \, \text{million} \times \left( \frac{20}{100} \right) = 857 \, \text{million} \times 0.2 = 171.4 \, \text{million}$

4. Verify and Summarize

• Ensure the percentage used is accurate.
• Double-check the multiplication for correct summation.

Final Answer

• Without the specific percentage, the formula remains: $\text{Investment Amount} = 857 \, \text{million} \times \left( \frac{P}{100} \right)$
• Please provide the percentage for precise calculation.