Overview
-
NAV
- A
- (as of 02/20/2019)
- $24.36
- Daily Change
- (as of 02/20/2019)
- $0.36
- 1.49%
-
YTD
- (as of 02/20/2019)
- 8.46%
- Expense Ratio
- (as of 02/20/2019)
- 0.46%
The strategy invests in the securities in the FTSE Emerging Index with the highest trailing dividend yield. Each of these securities is then weighted by top-line revenue, rather than market capitalization.
Why REDV?
1. Offers attractive yield potential in a low interest rate environment.
2. Greater exposure to lower valuation companies than most dividend-oriented products.
3. Consider to pursue income with the core of your portfolio.
Why Consider a Revenue Weighting Strategy?
A revenue weighting approach may be a more prudent way to access the broad market.
- Total Assets
- (as of 02/20/2019)
- $2.44 MM
- Number of Holdings
- (as of 02/20/2019)
- 102
- Inception Date
- August 7, 2018
- Investment Style
- Alternatively Weighted Strategy
- Tracked Index
- FTSE Custom Emerging Ultra Dividend Revenue Index
- Bloomberg Index Ticker
- REDVNR
- Broad Benchmark
- FTSE Emerging Index
- Reuters Bridge Ticker
- REDV.IV
- ISIN
- US68386C7406
- CUSIP
- 68386C740
- Closing Price
- (as of 02/20/2019)
- $24.49
- Midpoint Price
- (as of 02/20/2019)
- $24.51
- Premium/Discount
- (as of 02/20/2019)
- 0.61% Premium/Discount Analysis
Performance
Average Annual Returns as of 12/31/2018
Average Annual Returns as of 01/31/2019
|
Cumulative
|
||||
|---|---|---|---|---|
| 1 mo | 3 mo |
ytd as of 2018-12-31
|
since inception | |
| -2.13% | -3.87% | - | -8.42% | |
| -2.72% | -6.42% | - | -10.03% | |
| -2.06% | -3.72% | - | -7.91% | |
|
Cumulative
|
||||
|---|---|---|---|---|
| 1 mo | 3 mo |
ytd as of 2018-12-31
|
since inception | |
| -2.40% | -3.55% | - | -7.97% | |
| -2.72% | -6.42% | - | -10.03% | |
| -2.06% | -3.72% | - | -7.91% | |
|
Cumulative
|
||||
|---|---|---|---|---|
| 1 mo | 3 mo |
ytd as of 2019-01-31
|
since inception | |
| 9.20% | 10.74% | 9.20% | 0.01% | |
| 8.21% | 9.57% | 8.21% | -2.64% | |
| 9.29% | 10.86% | 9.29% | 0.65% | |
|
Cumulative
|
||||
|---|---|---|---|---|
| 1 mo | 3 mo |
ytd as of 2019-01-31
|
since inception | |
| 9.70% | 11.68% | 9.70% | 0.95% | |
| 8.21% | 9.57% | 8.21% | -2.64% | |
| 9.29% | 10.86% | 9.29% | 0.65% | |
Expense Ratio:
0.46%
The performance data quoted represents past performance, which does not guarantee future results. The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Current performance and expense ratios may be lower or higher than the data quoted. Returns do not consider capital gains or income taxes on an individual's investment.
Calendar Year Returns as of 02/21/2019
| Year | Emerging Markets Ultra Dividend Revenue ETF | FTSE Emerging Index | FTSE Custom Emerging Ultra Dividend Revenue Index |
|---|
The performance data quoted represents past performance, which does not guarantee future results. The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Current performance and expense ratios may be lower or higher than the data quoted. Returns do not consider capital gains or income taxes on an individual's investment.
Cumulative Returns & Income Dividends
| Date | Emerging Markets Ultra Dividend Revenue ETF |
|---|---|
| 8/7/2018 | 0.00 |
| 8/8/2018 | -0.48 |
| 8/9/2018 | -1.40 |
| 8/10/2018 | -3.77 |
| 8/11/2018 | -3.77 |
| 8/12/2018 | -3.77 |
| 8/13/2018 | -5.33 |
| 8/14/2018 | -4.41 |
| 8/15/2018 | -5.93 |
| 8/16/2018 | -5.57 |
| 8/17/2018 | -5.65 |
| 8/18/2018 | -5.65 |
| 8/19/2018 | -5.65 |
| 8/20/2018 | -4.85 |
| 8/21/2018 | -4.33 |
| 8/22/2018 | -4.29 |
| 8/23/2018 | -4.61 |
| 8/24/2018 | -4.45 |
| 8/25/2018 | -4.45 |
| 8/26/2018 | -4.45 |
| 8/27/2018 | -2.65 |
| 8/28/2018 | -3.09 |
| 8/29/2018 | -3.37 |
| 8/30/2018 | -4.97 |
| 8/31/2018 | -4.77 |
| 9/1/2018 | -4.77 |
| 9/2/2018 | -4.77 |
| 9/3/2018 | -4.77 |
| 9/4/2018 | -6.42 |
| 9/5/2018 | -7.22 |
| 9/6/2018 | -6.90 |
| 9/7/2018 | -6.78 |
| 9/8/2018 | -6.78 |
| 9/9/2018 | -6.78 |
| 9/10/2018 | -7.54 |
| 9/11/2018 | -7.90 |
| 9/12/2018 | -8.06 |
| 9/13/2018 | -7.54 |
| 9/14/2018 | -6.62 |
| 9/15/2018 | -6.62 |
| 9/16/2018 | -6.62 |
| 9/17/2018 | -7.06 |
| 9/18/2018 | -6.42 |
| 9/19/2018 | -5.73 |
| 9/20/2018 | -5.65 |
| 9/21/2018 | -4.01 |
| 9/22/2018 | -4.01 |
| 9/23/2018 | -4.01 |
| 9/24/2018 | -4.81 |
| 9/25/2018 | -4.96 |
| 9/26/2018 | -4.48 |
| 9/27/2018 | -4.27 |
| 9/28/2018 | -4.52 |
| 9/29/2018 | -4.52 |
| 9/30/2018 | -4.52 |
| 10/1/2018 | -4.68 |
| 10/2/2018 | -5.00 |
| 10/3/2018 | -4.31 |
| 10/4/2018 | -6.49 |
| 10/5/2018 | -7.89 |
| 10/6/2018 | -7.89 |
| 10/7/2018 | -7.89 |
| 10/8/2018 | -8.10 |
| 10/9/2018 | -7.65 |
| 10/10/2018 | -8.26 |
| 10/11/2018 | -10.63 |
| 10/12/2018 | -9.02 |
| 10/13/2018 | -9.02 |
| 10/14/2018 | -9.02 |
| 10/15/2018 | -9.54 |
| 10/16/2018 | -8.42 |
| 10/17/2018 | -8.34 |
| 10/18/2018 | -9.02 |
| 10/19/2018 | -9.30 |
| 10/20/2018 | -9.30 |
| 10/21/2018 | -9.30 |
| 10/22/2018 | -8.86 |
| 10/23/2018 | -10.59 |
| 10/24/2018 | -10.31 |
| 10/25/2018 | -10.03 |
| 10/26/2018 | -10.59 |
| 10/27/2018 | -10.59 |
| 10/28/2018 | -10.59 |
| 10/29/2018 | -10.07 |
| 10/30/2018 | -10.31 |
| 10/31/2018 | -9.46 |
| 11/1/2018 | -8.22 |
| 11/2/2018 | -6.20 |
| 11/3/2018 | -6.20 |
| 11/4/2018 | -6.20 |
| 11/5/2018 | -6.12 |
| 11/6/2018 | -6.24 |
| 11/7/2018 | -5.56 |
| 11/8/2018 | -6.08 |
| 11/9/2018 | -6.93 |
| 11/10/2018 | -6.93 |
| 11/11/2018 | -6.93 |
| 11/12/2018 | -7.65 |
| 11/13/2018 | -7.65 |
| 11/14/2018 | -7.17 |
| 11/15/2018 | -6.24 |
| 11/16/2018 | -5.44 |
| 11/17/2018 | -5.44 |
| 11/18/2018 | -5.44 |
| 11/19/2018 | -4.96 |
| 11/20/2018 | -6.37 |
| 11/21/2018 | -5.92 |
| 11/22/2018 | -5.92 |
| 11/23/2018 | -6.29 |
| 11/24/2018 | -6.29 |
| 11/25/2018 | -6.29 |
| 11/26/2018 | -6.61 |
| 11/27/2018 | -6.49 |
| 11/28/2018 | -6.16 |
| 11/29/2018 | -5.24 |
| 11/30/2018 | -6.20 |
| 12/1/2018 | -6.20 |
| 12/2/2018 | -6.20 |
| 12/3/2018 | -4.72 |
| 12/4/2018 | -4.68 |
| 12/5/2018 | -4.68 |
| 12/6/2018 | -7.41 |
| 12/7/2018 | -7.21 |
| 12/8/2018 | -7.21 |
| 12/9/2018 | -7.21 |
| 12/10/2018 | -9.02 |
| 12/11/2018 | -9.06 |
| 12/12/2018 | -7.89 |
| 12/13/2018 | -7.17 |
| 12/14/2018 | -7.45 |
| 12/15/2018 | -7.45 |
| 12/16/2018 | -7.45 |
| 12/17/2018 | -7.57 |
| 12/18/2018 | -7.81 |
| 12/19/2018 | -7.29 |
| 12/20/2018 | -7.61 |
| 12/21/2018 | -8.58 |
| 12/22/2018 | -8.58 |
| 12/23/2018 | -8.58 |
| 12/24/2018 | -9.10 |
| 12/25/2018 | -9.10 |
| 12/26/2018 | -9.44 |
| 12/27/2018 | -9.48 |
| 12/28/2018 | -8.74 |
| 12/29/2018 | -8.74 |
| 12/30/2018 | -8.74 |
| 12/31/2018 | -8.21 |
| 1/1/2019 | -8.21 |
| 1/2/2019 | -9.15 |
| 1/3/2019 | -9.27 |
| 1/4/2019 | -7.88 |
| 1/5/2019 | -7.88 |
| 1/6/2019 | -7.88 |
| 1/7/2019 | -6.62 |
| 1/8/2019 | -6.70 |
| 1/9/2019 | -5.51 |
| 1/10/2019 | -4.78 |
| 1/11/2019 | -4.45 |
| 1/12/2019 | -4.45 |
| 1/13/2019 | -4.45 |
| 1/14/2019 | -4.98 |
| 1/15/2019 | -4.25 |
| 1/16/2019 | -3.88 |
| 1/17/2019 | -3.76 |
| 1/18/2019 | -3.10 |
| 1/19/2019 | -3.10 |
| 1/20/2019 | -3.10 |
| 1/21/2019 | -3.10 |
| 1/22/2019 | -3.76 |
| 1/23/2019 | -3.06 |
| 1/24/2019 | -2.45 |
| 1/25/2019 | -1.92 |
| 1/26/2019 | -1.92 |
| 1/27/2019 | -1.92 |
| 1/28/2019 | -2.08 |
| 1/29/2019 | -1.47 |
| 1/30/2019 | -0.98 |
| 1/31/2019 | 0.25 |
| Date | Dividends |
|---|---|
| 9/27/2018 | 0.0735 |
| 12/28/2018 | 0.3562 |
There is no guarantee of the payment of any dividend or other distributions at any level.
The performance data quoted represents past performance, which does not guarantee future results. The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Current performance and expense ratios may be lower or higher than the data quoted. Returns do not consider capital gains or income taxes on an individual's investment.
Capital Gains and Distributions ($ per share) as of 02/20/2019
| Date | 2014 | 2015 | 2016 | 2017 | 2018 |
|---|---|---|---|---|---|
| Short Term | — | — | — | — | — |
| Long Term | — | — | — | — | — |
| Total Amount of Distribution | — | — | — | — | — |
| Record Date | — | — | — | — | — |
| Ex Div Date | — | — | — | — | — |
| Pay Date | — | — | — | — | — |
There is no guarantee of the payment of any dividend or other distributions at any level.
Portfolio
Top Holdings
(57.0% of assets as of 02/20/2019)
Full Holdings
Fund Holdings subject to change as of 02/20/2019
| Description | Weight |
|---|---|
| China Petroleum & Chemical Corp. | 4.8096% |
| Indian Oil Corp Ltd. | 4.4574% |
| Inventec Corp. | 4.0080% |
| China Huarong Asset Management Co. Ltd. | 3.9462% |
| Tupras Turkiye Petrol Rafinerileri AS | 3.7972% |
| China Cinda Asset Management Co. Ltd. | 3.4624% |
| Sinopec Shanghai Petrochemical. | 3.1892% |
| Guangzhou R&F Properties Co. Ltd. | 3.1327% |
| Coal India Ltd. | 2.6792% |
| Vedanta Ltd. | 2.5521% |
| China Resources Power Holdings Co. Ltd. | 2.4817% |
| Absa Group Ltd. | 2.2985% |
| Novolipetsk Steel PJSC | 2.1904% |
| MMC Norilsk Nickel PJSC | 2.1824% |
| MTN Group Ltd. | 2.1365% |
| AU Optronics Corp. | 2.0412% |
| Malayan Banking Bhd. | 1.9602% |
| Sime Darby Bhd | 1.9392% |
| CEZ AS | 1.8740% |
| Lite-On Technology Corp. | 1.7527% |
| Datang International Power Generation Co. Ltd. | 1.7295% |
| Banco Santander Mexico SA Institucion de Banca Multiple Grupo Financiero Santand | 1.6956% |
| Severstal PJSC | 1.6222% |
| Aeroflot PJSC. | 1.5631% |
| Mobile TeleSystems PJSC | 1.4656% |
| Manila Electric Co. | 1.2524% |
| Eregli Demir ve Celik Fabrikal. | 1.2262% |
| Kumba Iron Ore Ltd. | 1.1107% |
| MMI Holdings Ltd. South Africa | 1.1099% |
| Power Finance Corp Ltd. | 1.0913% |
| BASHNEFT PAO -PREF | 1.0763% |
| Abu Dhabi Commercial Bank PJSC | 1.0626% |
| Turkcell Iletisim Hizmetleri AS | 1.0249% |
| Cia Paranaense de Energia,Preference | 1.0001% |
| Rostelecom PJSC | 0.9992% |
| Chongqing Changan Automobile C. | 0.9913% |
| Zoomlion Heavy Industry Science and Technology Co. Ltd. | 0.9850% |
| Nemak SAB de CV. | 0.9525% |
| REC Ltd | 0.9482% |
| Alrosa PJSC | 0.8908% |
| China Power International Development Ltd. | 0.8686% |
| Mobile Telecommunications Co K. | 0.8548% |
| Cielo SA | 0.8361% |
| Federal Grid Co Unified Energy System PJSC | 0.8359% |
| Sistema PJSC FC | 0.8284% |
| Telkom SA SOC Ltd. | 0.8207% |
| AirAsia Bhd | 0.6909% |
| Shandong Chenming Paper Holdings Ltd. | 0.6903% |
| Dubai Islamic Bank PJSC | 0.6677% |
| Engie Brasil Energia SA | 0.6428% |
| Kingboard Laminates Holdings Ltd. | 0.6379% |
| AES Gener SA. | 0.6314% |
| ElSewedy Electric Co. | 0.6075% |
| Magyar Telekom Telecommunications plc | 0.5571% |
| COMGAS,Preference | 0.5491% |
| Commercial Bank QSC | 0.4372% |
| Astro Malaysia Holdings Bhd | 0.4272% |
| OPAP SA | 0.4226% |
| Itausa - Investimentos Itau SA | 0.4157% |
| Weifu High-Technology Group Co. Ltd. | 0.3408% |
| DAMAC Properties Dubai Co PJSC. | 0.3010% |
| Habib Bank Ltd. | 0.2882% |
| XINHUA WINSHARE. | 0.2839% |
| National Bank of Pakistan. | 0.2734% |
| Doha Bank QPSC. | 0.2715% |
| KWG Group Holdings Ltd. | 0.2574% |
| Fibra Uno Administracion SA de CV | 0.2512% |
| Land & Houses PCL | 0.2500% |
| NHPC Ltd. | 0.2262% |
| Air Arabia PJSC. | 0.2255% |
| Unipro PJSC. | 0.2245% |
| Yulon Nissan Motor Co Ltd. | 0.2214% |
| Qatar Gas Transport Co., Ltd. | 0.2122% |
| Fauji Fertilizer Co Ltd. | 0.2080% |
| Growthpoint Properties Ltd. | 0.1881% |
| DREYFUF GOVT CASH MANAGEMENT - INST | 0.1853% |
| Al Meera Consumer Goods Co QSC. | 0.1844% |
| Cia de Transmissao de Energia Eletrica Paulista | 0.1778% |
| Reunert Ltd. | 0.1597% |
| Eastern Tobacco | 0.1558% |
| Qatar International Islamic Ba. | 0.1400% |
| Redefine Properties Ltd. | 0.1372% |
| Transcend Information Inc. | 0.1369% |
| Qualicorp Consultoria e Corret | 0.1308% |
| Philip Morris CR AS | 0.1307% |
| Gulf International Services QS. | 0.1266% |
| Foshan Electrical and Lighting Co. Ltd. | 0.1227% |
| United Development Co QSC. | 0.1186% |
| Moscow Exchange MICEX-RTS PJSC | 0.1183% |
| Barwa Real Estate Co. | 0.1086% |
| Moneta Money Bank AS | 0.1060% |
| Transmissora Alianca de Energia Eletrica SA | 0.1001% |
| Smiles Fidelidade SA. | 0.0779% |
| Concentradora Fibra Danhos SA | 0.0768% |
| Soho China Ltd. | 0.0716% |
| Fortress REIT Ltd. | 0.0672% |
| Coronation Fund Managers Ltd. | 0.0637% |
| Resilient REIT Ltd. | 0.0466% |
| China Dongxiang Group Co Ltd. | 0.0453% |
| Vukile Property Fund Ltd | 0.0407% |
| Net Cash and Equivalents | 0.0227% |
| Al Waha Capital PJSC. | 0.0148% |
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.
Alternatively Weighted Strategy
Portfolio Holdings Breakdown
as of
02/20/2019
| Country | Emerging Markets Ultra Dividend Revenue ETF | FTSE Emerging Index | Overweight / Underweight |
|---|---|---|---|
| China | 28.0% | 34.0% | -6.0% |
| Russia | 14.0% | 4.4% | 9.6% |
| India | 12.0% | 10.8% | 1.2% |
| Taiwan | 8.2% | 12.5% | -4.3% |
| South Africa | 8.2% | 7.6% | 0.6% |
| Turkey | 6.0% | 0.9% | 5.2% |
| Malaysia | 5.0% | 3.2% | 1.8% |
| Brazil | 3.9% | 9.6% | -5.7% |
| Mexico | 3.0% | 3.4% | -0.4% |
| United Arab Emirates | 2.3% | 0.9% | 1.3% |
| Czech Republic | 2.1% | 0.2% | 1.9% |
| Qatar | 1.6% | 1.2% | 0.4% |
| Philippines | 1.3% | 1.3% | -0.1% |
| Kuwait | 0.9% | 0.5% | 0.3% |
| Egypt | 0.8% | 0.2% | 0.5% |
| Pakistan | 0.8% | 0.1% | 0.7% |
| Hungary | 0.6% | 0.4% | 0.2% |
| Chile | 0.6% | 1.3% | -0.7% |
| Greece | 0.4% | 0.3% | 0.1% |
| Thailand | 0.2% | 3.7% | -3.5% |
| Equity Sector | Emerging Markets Ultra Dividend Revenue ETF | FTSE Emerging Index | Overweight / Underweight |
|---|---|---|---|
| Financials | 20.4% | 26.5% | -6.1% |
| Energy | 17.2% | 9.4% | 7.8% |
| Materials | 15.9% | 7.8% | 8.1% |
| Utilities | 12.6% | 3.1% | 9.5% |
| Information Technology | 9.4% | 9.9% | -0.5% |
| Communication Services | 9.2% | 15.1% | -5.9% |
| Industrials | 6.3% | 5.5% | 0.8% |
| Real Estate | 5.0% | 3.5% | 1.6% |
| Consumer Discretionary | 3.3% | 10.5% | -7.3% |
| Consumer Staples | 0.5% | 6.2% | -5.7% |
| Health Care | 0.1% | 2.5% | -2.3% |
| Industry | Emerging Markets Ultra Dividend Revenue ETF | FTSE Emerging Index | Overweight / Underweight |
|---|---|---|---|
| Oil Gas & Consumable Fuels | 17.0% | 9.2% | 7.8% |
| Metals & Mining | 11.8% | 3.4% | 8.4% |
| Banks | 9.6% | 18.6% | -9.0% |
| Capital Markets | 7.6% | 1.5% | 6.1% |
| Independent Power and Renewable Electricity Producers | 6.8% | 0.8% | 6.0% |
| Wireless Telecommunication Services | 6.3% | 3.3% | 3.0% |
| Technology Hardware Storage & Peripherals | 5.9% | 1.0% | 4.9% |
| Electric Utilities | 5.2% | 1.3% | 4.0% |
| Real Estate Management & Development | 4.2% | 3.0% | 1.2% |
| Chemicals | 3.4% | 2.4% | 1.0% |
| Electronic Equipment Instruments & Components | 2.7% | 1.9% | 0.8% |
| Airlines | 2.5% | 0.4% | 2.1% |
| Diversified Telecommunication Services | 2.4% | 1.8% | 0.6% |
| Diversified Financial Services | 2.1% | 1.2% | 0.9% |
| Industrial Conglomerates | 2.1% | 1.3% | 0.8% |
| Auto Components | 1.3% | 0.3% | 1.0% |
| Automobiles | 1.2% | 1.6% | -0.3% |
| Insurance | 1.1% | 3.9% | -2.8% |
| Machinery | 1.0% | 0.6% | 0.4% |
| IT Services | 0.8% | 2.0% | -1.2% |
| Asset Allocation | Emerging Markets Ultra Dividend Revenue ETF | FTSE Emerging Index | Overweight / Underweight |
|---|---|---|---|
| Equity | 99.8% | 100.0% | -0.2% |
| Market Cap | Emerging Markets Ultra Dividend Revenue ETF | FTSE Emerging Index | Overweight / Underweight |
|---|---|---|---|
| Large | 60.4% | 88.1% | -27.7% |
| Mid | 32.9% | 10.4% | 22.5% |
| Small | 6.5% | 1.5% | 5.0% |
Analytics
Alternatively Weighted Strategy
Analytics
as of
01/31/2019
Yields
Standardized Yield
5.36%
Portfolio Characteristics
Fund
Broad Benchmark
Average Market Cap (weighted)
$8.19 B
$77.00 B
Median Market Cap (weighted)
$5.07 B
$19.70 B
P/E Ratio (LTM)
7.96
14.33
P/E Ratio (NTM)
7.96
12.41
Price/Book
1.16
1.95
Price/Sales Ratio
0.58
1.40
Price/Cash Flow Ratio
4.88%
8.56%
Turnover Ratio
-
-
Dividends
- C
Est. Frequency
Quarterly
Last Pay Date
12/28/2018
Per Share ($)
$0.3562
12-Month Distribution ($)
$0.4297
Distribution Sources
- C
Net Income
75.10%
Net Profit from Sale
0.00%
Other Capital Sources
24.90%
Documents
- 1. This is a new fund with limited operating history and an inception date of 8/17/18.
- 2. The Oppenheimer Emerging Ultra Dividend Revenue ETF has been developed solely by OppenheimerFunds, and is not in any way connected to or sponsored, endorsed, sold or promoted by the London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). FTSE Russell is a trading name of certain of the LSE Group companies. All rights in the FTSE Custom Emerging Ultra Dividend Revenue Index (the “Index”) vest in the relevant LSE Group company which owns the Index. FTSE® is a trade mark(s) of the relevant LSE Group company and is/are used by any other LSE Group company under license. The Index is calculated by or on behalf of FTSE International Limited or its affiliate, agent or partner. The LSE Group does not accept any liability whatsoever to any person arising out of (a) the use of, reliance on or any error in the Index or (b) investment in or operation of the Oppenheimer Emerging Ultra Dividend Revenue ETF. The LSE Group makes no claim, prediction, warranty or representation either as to the results to be obtained from the Oppenheimer Emerging Ultra Dividend Revenue ETF or the suitability of the Index for the purpose to which it is being put by OppenheimerFunds.
- 3. An investment in the Fund is subject to investment risk, including the possible loss of principal amount invested. There is no guarantee that the issuers of stocks will declare dividends in the future, or that dividends will remain at their current levels or increase over time. Foreign investments may be volatile and involve additional expenses and special risks, including currency fluctuations, foreign taxes, regulatory and geopolitical risks. Eurozone investments may be subject to volatility and liquidity issues. Emerging and developing market investments may be especially volatile. The Fund is classified as a “non-diversified” fund and may invest a greater portion of its assets in the securities of a single issuer. 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. FTSE Emerging Markets indices are part of the FTSE Global Equity Index Series (GEIS). The series includes large and mid cap securities from advanced and secondary emerging markets, classified in accordance with FTSE's transparent Country Classification Review Process. The FTSE Emerging Index provides investors with a comprehensive means of measuring the performance of the most liquid companies in the emerging markets. Index performance is shown for illustrative purposes only and does not predict or depict the performance of the Fund. Past performance does not guarantee future results.
- 5. The index starts with the FTSE Emerging Index, identifies 100 of the top securities by trailing dividend yield, and then re-weights those securities according to revenue earned by the companies. Past performance does not guarantee future results.
- 6. The Closing Price is the price of the last reported trade on the Fund's primary exchange.
- 7. Holdings are subject to change, and are dollar weighted based on total net assets.
- 8. 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.
- 9. Holdings are subject to change, are dollar-weighted based on assets, and may not reflect the use of leverage in the Fund. Market Cap breakdown is calculated using Morningstar's methodology and those capitalization standards may not align with those in the Fund's prospectus.
- 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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B.
The performance data quoted represents past performance, which does not guarantee future results. The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Current performance and expense ratios may be lower or higher than the data quoted. Returns do not consider capital gains or income taxes on an individual's investment.
The NAV return is based on the net asset value of the Fund and the market return (MKT) is based on the market price per share of the Fund. The price used to calculate MKT is determined by using the midpoint between the highest bid and the lowest offer on the primary stock exchange on which the shares of the Fund are listed for trading when the Fund's NAV is calculated at market close. MKT and NAV assume dividends and capital gain distributions have been reinvested in the Fund at market price and NAV, respectively. Returns less than one year are cumulative.
"Year to Date" returns are cumulative, not annualized, and do not reflect sales charges (if sales charges are applicable to the Fund). These returns would be lower if sales charges were taken into consideration. Short-term returns may not be indicative of longer-term performance, which should also be considered when making investment decisions. ↩ - C. There is no guarantee of the payment of any dividend or other distributions at any level. ↩