Factor Dashboard: July 2018

^{Not for Use with Retail Investors}

^{OppenheimerFunds is not undertaking to provide impartial investment advice or to provide advice in a fiduciary capacity.}

^{Sources: FTSE Russell, Morningstar Direct as of 6/30/18. Past performance does not guarantee future results. The returns of the OFI 1000 & 2000 Dynamic Indices prior to 11/8/17 represent hypothetical pre-inception index performance (PIP) to illustrate how the index may have performed had it been in existence for the time period prior to 11/8/17. The inception date of the index is 11/8/17. PIP data results are based on criteria applied retroactively with the benefit of hindsight and knowledge of factors that may have positively affected its performance, and cannot account for all financial risk that may affect the actual performance of the ETF. Actual performance of the ETF may vary significantly from the PIP data. The inception date of the ETF is 11/8/17, thus, the first full month of returns began 12/1/17. The management fee for the Oppenheimer Russell 1000 Dynamic Multifactor ETF is 0.29% and the Oppenheimer Russell 2000 Dynamic Multifactor ETF is 0.39%. The OFI 1000 & 2000 Dynamic Indices "net" represents the index returns net of the management fee. The returns of the Russell Single Factor Indices prior to 9/30/15 represent hypothetical pre-inception index performance (PIP) to illustrate how the index may have performed had it been in existence for the time period prior to 9/30/15. The inception date of the index is 9/30/15. PIP data results are based on criteria applied retroactively with the benefit of hindsight and knowledge of factors that may have positively affected its performance, and cannot account for all financial risk that may affect the actual performance of the ETF. Actual performance of the ETF may vary significantly from the PIP data. The inception date of the ETF is 11/8/17, thus, the first full month of returns began 12/1/17. The management fee for the single factor ETFs are 0.19%. The Russell Single Factor Indices "net" represents the index returns net of the management fee.}

^{Sources: FTSE Russell, Morningstar Direct as of 6/30/18. Past performance does not guarantee future results. Charts and graphs are provided for illustrative purposes only. Index returns shown may not represent the results of the actual trading of investable assets.}

^{Source: Bloomberg Finance, L.P., as of 6/30/18.}

^{Sources: FTSE Russell, Morningstar Direct as of 6/30/18. Past performance does not guarantee future results. Charts and graphs are provided for illustrative purposes only. Index returns shown may not represent the results of the actual trading of investable assets. Certain returns shown may reflect backtested performance. All performance presented of the factor indices prior to the index inception date (September 30, 2015) is backtested performance. Excess returns are calculated using the Russell 1000 TR Index as the benchmark.}

^{Source: Bloomberg Finance, L.P., as of 6/30/18. Momentum, size, value, quality, low volatility, and dynamic represented by OMOM, OSIZ, OVLU, OQAL, OVOL, and OMFL. Results generated using the Bloomberg US Equity Fundamental Model, which utilizes a multiple factor modeling approach, analyzing the prior one-month equity returns and current portfolio holdings. The model utilizes a covariance matrix to forecast individual equity contribution to tracking error relative to the Russell 1000 Index. Predicted Beta is a forecasted beta relative to the Russell 1000 Index based off the inputs into the fundamental factor model, the individual holdings, and a covariance matrix. Holdings are subject to change.}