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Financial Advisor
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OVLU
Oppenheimer

Russell 1000 Value Factor ETF

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Overview
NAV
  • A
(as of 11/21/2017)
$25.23
Daily Change
(as of 11/21/2017)
$0.11
0.45%
YTD
(as of 11/21/2017)
N/A
Expense Ratio
(as of 11/21/2017)
0.19%

The Oppenheimer Value Factor ETF is composed of securities in the Russell 1000 Index that, in the aggregate, have lower valuations relative to the broader U.S. equity market.

Why OVLU?
1. Delivers exposure to companies in the Russell 1000 that exhibit relatively greater value characteristics.
2. Provides direct access to the value factor, which has historically been a significant driver of equity risk and return.
3. Can be used to help manage factor exposure and risk within a diversified portfolio.

Why Consider a Factor Strategy?

Combining multiple factors can provide investors with tools to construct more efficient portfolios.

Smart beta factors img2
Total Assets
(as of 11/21/2017)
$5.05 MM
Number of Holdings
(as of 11/21/2017)
805
Inception Date
November 8, 2017
Investment Style
Single Factor Strategy
Benchmark
Russell 1000 Value Factor Index
Index
Russell 1000 Index
Bloomberg Index Ticker
R1FVAF
Reuters Bridge Ticker
OVLU.IV
ISIN
US68386C6580
CUSIP
68386C658
Closing Price
(as of 11/21/2017)
N/A
Premium/Discount
(as of 11/21/2017)
0.05%
Midpoint Price
(as of 11/21/2017)
$25.24
Portfolio

Top Holdings

(34.7% of assets as of 11/21/2017)

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Portfolio Holdings Breakdown

Country 4
Developed Markets 4
Emerging Markets 4
Equity Sector 4
Industry 4
Asset Allocation 4
Country Russell 1000 Value Factor ETF Russell 1000 Index Overweight / Underweight
United States 99.6% 99.7% -0.1%
Net Cash and Equivalents 0.3% - -
China 0.1% 0.1% 0.0%
Developed Markets Russell 1000 Value Factor ETF Russell 1000 Index Overweight / Underweight
Americas 99.7% 99.7% -0.1%
Net Cash and Equivalents 0.3% - -
Emerging Markets Russell 1000 Value Factor ETF Russell 1000 Index Overweight / Underweight
Net Cash and Equivalents 0.3% - -
Asia Pacific 0.1% 0.1% 0.0%
Equity Sector Russell 1000 Value Factor ETF Russell 1000 Index Overweight / Underweight
Financials 23.1% 14.6% 8.5%
Information Technology 15.6% 24.3% -8.7%
Consumer Discretionary 13.6% 12.3% 1.2%
Industrials 11.7% 10.2% 1.5%
Health Care 10.2% 13.4% -3.1%
Consumer Staples 6.9% 7.6% -0.7%
Utilities 5.7% 3.1% 2.5%
Telecommunication Services 4.4% 1.8% 2.6%
Materials 3.9% 3.3% 0.6%
Energy 2.6% 5.6% -3.1%
Real Estate 2.1% 3.7% -1.6%
Net Cash and Equivalents 0.3% - -
Industry Russell 1000 Value Factor ETF Russell 1000 Index Overweight / Underweight
Banks 9.2% 6.2% 3.0%
Technology Hardware Storage & Peripherals 6.6% 4.1% 2.5%
Health Care Providers & Services 5.9% 2.5% 3.4%
Insurance 5.7% 2.9% 2.8%
Food & Staples Retailing 4.6% 1.7% 2.9%
Diversified Telecommunication Services 4.2% 1.7% 2.5%
Media 4.0% 2.7% 1.3%
Electric Utilities 3.6% 1.9% 1.7%
Aerospace & Defense 3.3% 2.4% 0.9%
Capital Markets 3.0% 3.0% 0.0%
Semiconductors & Semiconductor Equipment 2.9% 4.2% -1.2%
Diversified Financial Services 2.6% 1.5% 1.1%
Biotechnology 2.6% 2.9% -0.3%
Specialty Retail 2.5% 2.1% 0.4%
Oil Gas & Consumable Fuels 2.4% 5.0% -2.5%
Chemicals 2.2% 2.3% -0.1%
IT Services 2.2% 4.2% -2.1%
Machinery 2.2% 1.9% 0.2%
Consumer Finance 2.1% 0.8% 1.3%
Equity Real Estate Investment Trusts (REITs) 1.9% 3.6% -1.7%
Asset Allocation Russell 1000 Value Factor ETF Russell 1000 Index Overweight / Underweight
Equity 99.7% 100.0% -0.3%
Net Cash and Equivalents 0.3% - -
Documents
  1. 1. Access Index Definitions
  2. 2. This is a new fund with limited operating history and an inception date of 11/8/17.
  3. 3. Special Risks: An investment in the Fund is subject to investment risk, including the possible loss of principal amount invested.Securities issued by companies that may be perceived as undervalued may fail to appreciate for long periods of time and may never realize their full potential value. Investing significantly in a particular region, industry, sector or issuer may increase volatility and risk. Fund returns may not match the return of its respective index, known as non-correlation risk, due to operating expenses incurred by the Fund. The alternate weighting approach employed by the Fund (i.e., using revenues as a weighting measure), while designed to enhance potential returns, may not produce the desired results. Because the Fund is rebalanced quarterly, portfolio turnover may exceed 100%. The greater the portfolio turnover, the greater the transaction costs, which could have an adverse effect on Fund performance.
  4. 4. Holdings are subject to change, and are dollar weighted based on total net assets.
  5. 5. Negative net cash may be the result of a variety of factors including, but not limited to, (1) pending receivables or (2) amounts owed to the fund due to balancing amounts with respect to purchases and redemptions of creation units, but is not the result of the use of leverage.
  6. A. Daily net asset value and dollar change of the fund is as of the previous business day's closing. Fund net asset values are updated at approximately 7:00pm ET daily.
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