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REEM
Oppenheimer

Emerging Markets Revenue ETF

Overview
NAV
  • B
(as of 04/20/2018)
$28.02
Daily Change
(as of 04/20/2018)
$-0.26
-0.92%
YTD
(as of 04/20/2018)
1.49%
Expense Ratio
(as of 04/20/2018)
0.46%

The strategy provides access to the same securities as the MSCI Emerging Markets Index, weighted by top line revenue instead of market capitalization.

Why REEM?
1. Seeks to provide efficient access to emerging market stocks.
2. Utilizes OppenheimerFunds’ revenue weighting methodology.
3. Offers the opportunity to diversify internationally across the emerging markets.

Total Assets
(as of 04/20/2018)
$14.00 MM
Number of Holdings
(as of 04/20/2018)
576
Inception Date
July 11, 2017
Investment Style
Alternatively Weighted Strategy
Tracked Index
OFI Revenue Weighted Emerging Markets Index
Industry Benchmark
MSCI Emerging Markets Index
Bloomberg Index Ticker
M1CXOFE
Reuters Bridge Ticker
REEM.IV
ISIN
US68386C8644
CUSIP
68386C864
Closing Price
(as of 04/20/2018)
$28.00
Premium/Discount
(as of 04/20/2018)
0.01%
Midpoint Price
(as of 04/20/2018)
$28.02
Performance
Average Annual Total Returns
Cumulative Returns
Capital Gains Distributions
as of 03/31/2018
  • C
as of 03/31/2018
  • C

Market Price
Market Price
Market Price
Market Price
  • C
Cumulative
1 mo 3 mo ytd as of 2018-03-31
since inception
Emerging Markets Revenue ETF (NAV)
-1.71% 1.56% 1.56% 13.85%
MSCI Emerging Markets Index
-1.86% 1.42% 1.42% 16.41%
OFI Revenue Weighted Emerging Markets Index
-1.74% 1.55% 1.55% 13.54%
Cumulative
1 mo 3 mo ytd as of 2018-03-31
since inception
Emerging Markets Revenue ETF (Market Price)
0.75% 2.86% 2.86% 15.86%
MSCI Emerging Markets Index
-1.86% 1.42% 1.42% 16.41%
OFI Revenue Weighted Emerging Markets Index
-1.74% 1.55% 1.55% 13.54%
Cumulative
1 mo 3 mo ytd as of 2018-03-31
since inception
Emerging Markets Revenue ETF (NAV)
-1.71% 1.56% 1.56% 13.85%
MSCI Emerging Markets Index
-1.86% 1.42% 1.42% 16.41%
OFI Revenue Weighted Emerging Markets Index
-1.74% 1.55% 1.55% 13.54%
Cumulative
1 mo 3 mo ytd as of 2018-03-31
since inception
Emerging Markets Revenue ETF (Market Price)
0.75% 2.86% 2.86% 15.86%
MSCI Emerging Markets Index
-1.86% 1.42% 1.42% 16.41%
OFI Revenue Weighted Emerging Markets Index
-1.74% 1.55% 1.55% 13.54%
Expense Ratio: 0.46%

Year Emerging Markets Revenue ETF MSCI Emerging Markets Index OFI Revenue Weighted Emerging Markets Index

Date Emerging Markets Revenue ETF
7/11/2017 0.00
7/12/2017 0.75
7/13/2017 1.55
7/14/2017 2.86
7/15/2017 2.86
7/16/2017 2.86
7/17/2017 3.14
7/18/2017 3.34
7/19/2017 4.01
7/20/2017 3.93
7/21/2017 4.01
7/22/2017 4.01
7/23/2017 4.01
7/24/2017 4.09
7/25/2017 3.93
7/26/2017 4.01
7/27/2017 4.85
7/28/2017 3.97
7/29/2017 3.97
7/30/2017 3.97
7/31/2017 4.21
8/1/2017 4.69
8/2/2017 4.81
8/3/2017 4.33
8/4/2017 4.97
8/5/2017 4.97
8/6/2017 4.97
8/7/2017 5.48
8/8/2017 5.56
8/9/2017 4.61
8/10/2017 3.46
8/11/2017 2.34
8/12/2017 2.34
8/13/2017 2.34
8/14/2017 3.10
8/15/2017 2.90
8/16/2017 3.42
8/17/2017 3.50
8/18/2017 3.06
8/19/2017 3.06
8/20/2017 3.06
8/21/2017 3.50
8/22/2017 4.49
8/23/2017 4.65
8/24/2017 5.28
8/25/2017 5.80
8/26/2017 5.80
8/27/2017 5.80
8/28/2017 6.16
8/29/2017 5.76
8/30/2017 6.48
8/31/2017 6.36
9/1/2017 6.91
9/2/2017 6.91
9/3/2017 6.91
9/4/2017 6.91
9/5/2017 5.96
9/6/2017 5.68
9/7/2017 6.48
9/8/2017 6.60
9/9/2017 6.60
9/10/2017 6.60
9/11/2017 7.19
9/12/2017 7.35
9/13/2017 6.95
9/14/2017 6.91
9/15/2017 7.27
9/16/2017 7.27
9/17/2017 7.27
9/18/2017 7.99
9/19/2017 7.55
9/20/2017 7.75
9/21/2017 7.31
9/22/2017 6.56
9/23/2017 6.56
9/24/2017 6.56
9/25/2017 5.32
9/26/2017 5.16
9/27/2017 4.85
9/28/2017 4.25
9/29/2017 5.16
9/30/2017 5.16
10/1/2017 5.16
10/2/2017 5.28
10/3/2017 6.35
10/4/2017 6.79
10/5/2017 6.87
10/6/2017 6.91
10/7/2017 6.91
10/8/2017 6.91
10/9/2017 6.47
10/10/2017 7.66
10/11/2017 7.98
10/12/2017 8.50
10/13/2017 9.06
10/14/2017 9.06
10/15/2017 9.06
10/16/2017 9.66
10/17/2017 9.02
10/18/2017 9.06
10/19/2017 8.34
10/20/2017 8.66
10/21/2017 8.66
10/22/2017 8.66
10/23/2017 8.34
10/24/2017 8.18
10/25/2017 8.70
10/26/2017 8.38
10/27/2017 8.30
10/28/2017 8.30
10/29/2017 8.30
10/30/2017 8.54
10/31/2017 8.70
11/1/2017 9.42
11/2/2017 9.22
11/3/2017 9.14
11/4/2017 9.14
11/5/2017 9.14
11/6/2017 9.30
11/7/2017 9.30
11/8/2017 9.46
11/9/2017 9.46
11/10/2017 8.86
11/11/2017 8.86
11/12/2017 8.86
11/13/2017 8.06
11/14/2017 7.39
11/15/2017 6.47
11/16/2017 7.62
11/17/2017 8.42
11/18/2017 8.42
11/19/2017 8.42
11/20/2017 7.98
11/21/2017 8.86
11/22/2017 9.74
11/23/2017 9.74
11/24/2017 9.90
11/25/2017 9.90
11/26/2017 9.90
11/27/2017 9.10
11/28/2017 9.14
11/29/2017 9.06
11/30/2017 7.39
12/1/2017 7.15
12/2/2017 7.15
12/3/2017 7.15
12/4/2017 7.94
12/5/2017 8.02
12/6/2017 6.39
12/7/2017 5.99
12/8/2017 6.43
12/9/2017 6.43
12/10/2017 6.43
12/11/2017 6.99
12/12/2017 6.63
12/13/2017 7.43
12/14/2017 7.70
12/15/2017 7.70
12/16/2017 7.70
12/17/2017 7.70
12/18/2017 8.58
12/19/2017 8.70
12/20/2017 8.86
12/21/2017 8.86
12/22/2017 9.42
12/23/2017 9.42
12/24/2017 9.42
12/25/2017 9.42
12/26/2017 9.50
12/27/2017 10.18
12/28/2017 11.01
12/29/2017 11.33
12/30/2017 11.33
12/31/2017 11.33
1/1/2018 11.33
1/2/2018 13.02
1/3/2018 13.42
1/4/2018 14.35
1/5/2018 15.16
1/6/2018 15.16
1/7/2018 15.16
1/8/2018 15.68
1/9/2018 15.48
1/10/2018 15.32
1/11/2018 15.48
1/12/2018 16.49
1/13/2018 16.49
1/14/2018 16.49
1/15/2018 16.49
1/16/2018 17.01
1/17/2018 17.58
1/18/2018 17.94
1/19/2018 18.66
1/20/2018 18.66
1/21/2018 18.66
1/22/2018 19.11
1/23/2018 20.03
1/24/2018 21.08
1/25/2018 21.81
1/26/2018 22.37
1/27/2018 22.37
1/28/2018 22.37
1/29/2018 22.05
1/30/2018 20.40
1/31/2018 21.00
2/1/2018 20.92
2/2/2018 19.35
2/3/2018 19.35
2/4/2018 19.35
2/5/2018 17.54
2/6/2018 14.47
2/7/2018 14.03
2/8/2018 12.82
2/9/2018 10.72
2/10/2018 10.72
2/11/2018 10.72
2/12/2018 11.41
2/13/2018 11.89
2/14/2018 13.46
2/15/2018 14.71
2/16/2018 14.51
2/17/2018 14.51
2/18/2018 14.51
2/19/2018 14.51
2/20/2018 14.39
2/21/2018 15.60
2/22/2018 15.04
2/23/2018 16.57
2/24/2018 16.57
2/25/2018 16.57
2/26/2018 17.37
2/27/2018 16.61
2/28/2018 15.04
3/1/2018 14.67
3/2/2018 13.67
3/3/2018 13.67
3/4/2018 13.67
3/5/2018 12.86
3/6/2018 14.07
3/7/2018 13.46
3/8/2018 14.03
3/9/2018 15.20
3/10/2018 15.20
3/11/2018 15.20
3/12/2018 16.65
3/13/2018 16.57
3/14/2018 15.96
3/15/2018 15.48
3/16/2018 15.45
3/17/2018 15.45
3/18/2018 15.45
3/19/2018 14.44
3/20/2018 14.72
3/21/2018 15.01
3/22/2018 14.44
3/23/2018 12.26
3/24/2018 12.26
3/25/2018 12.26
3/26/2018 12.99
3/27/2018 13.76
3/28/2018 12.35
3/29/2018 13.07
3/30/2018 13.07
3/31/2018 13.07
$ per share as of 04/21/2018

Date 2013 2014 2015 2016 2017
Short Term 0.0776
Long Term
Total Amount of Distribution 0.0776
Record Date 12/29/17
Ex Div Date 12/28/17
Pay Date 1/2/18

There is no guarantee of the payment of any dividend or other distributions at any level.

Portfolio

Top Holdings

(25.0% of assets as of 04/20/2018)

×

Portfolio Holdings Breakdown

Country
Developed Markets
Equity Sector
Industry
Asset Allocation
Emerging Markets
Country Emerging Markets Revenue ETF MSCI Emerging Markets Index Overweight / Underweight
South Korea 23.1% 15.3% 7.8%
China 22.0% 29.8% -7.8%
Taiwan 10.1% 11.4% -1.3%
India 8.6% 8.4% 0.2%
Brazil 7.6% 7.3% 0.3%
Russia 7.1% 3.3% 3.8%
Thailand 3.5% 2.5% 1.0%
South Africa 3.1% 6.9% -3.8%
Mexico 2.7% 3.0% -0.3%
Malaysia 1.9% 2.5% -0.6%
Turkey 1.7% 0.9% 0.8%
Chile 1.6% 1.2% 0.3%
Indonesia 1.3% 2.1% -0.8%
Poland 1.3% 1.3% 0.1%
Philippines 0.8% 1.0% -0.2%
Colombia 0.7% 0.5% 0.3%
United Arab Emirates 0.5% 0.6% -0.1%
Qatar 0.5% 0.6% -0.1%
United States 0.4% - -
Greece 0.3% 0.3% 0.0%
Developed Markets Emerging Markets Revenue ETF MSCI Emerging Markets Index Overweight / Underweight
Americas 0.4% - -
Net Cash and Equivalents 0.2% - -
Equity Sector Emerging Markets Revenue ETF MSCI Emerging Markets Index Overweight / Underweight
Financials 18.6% 23.8% -5.2%
Energy 16.4% 7.3% 9.1%
Information Technology 14.5% 27.4% -12.9%
Industrials 11.1% 5.2% 5.9%
Consumer Discretionary 9.1% 9.5% -0.5%
Materials 8.4% 7.6% 0.8%
Consumer Staples 7.4% 6.6% 0.8%
Telecommunication Services 6.1% 4.6% 1.5%
Utilities 3.9% 2.4% 1.5%
Real Estate 2.7% 2.8% -0.2%
Health Care 1.3% 2.7% -1.4%
Net Cash and Equivalents 0.2% - -
Industry Emerging Markets Revenue ETF MSCI Emerging Markets Index Overweight / Underweight
Oil Gas & Consumable Fuels 16.4% 7.2% 9.2%
Banks 13.7% 16.7% -3.0%
Technology Hardware Storage & Peripherals 6.8% 5.8% 1.0%
Industrial Conglomerates 5.3% 1.6% 3.6%
Metals & Mining 4.3% 3.5% 0.8%
Automobiles 3.8% 2.2% 1.6%
Electronic Equipment Instruments & Components 3.8% 2.4% 1.3%
Wireless Telecommunication Services 3.6% 3.2% 0.4%
Insurance 3.4% 3.5% -0.1%
Food & Staples Retailing 3.0% 1.7% 1.3%
Food Products 2.6% 1.7% 0.9%
Real Estate Management & Development 2.6% 2.4% 0.3%
Diversified Telecommunication Services 2.5% 1.4% 1.1%
Chemicals 2.4% 2.4% 0.0%
Electric Utilities 2.4% 1.1% 1.3%
Construction & Engineering 2.1% 0.7% 1.4%
Semiconductors & Semiconductor Equipment 1.5% 5.5% -4.0%
Internet Software & Services 1.3% 11.6% -10.3%
Construction Materials 1.3% 1.1% 0.1%
Household Durables 1.2% 0.4% 0.8%
Asset Allocation Emerging Markets Revenue ETF MSCI Emerging Markets Index Overweight / Underweight
Equity 99.5% 100.0% -0.5%
Net Cash and Equivalents 0.2% - -
Emerging Markets Emerging Markets Revenue ETF MSCI Emerging Markets Index Overweight / Underweight
Asia Pacific 71.4% 73.0% -1.6%
Americas 12.8% 12.4% 0.4%
Europe 11.1% 6.4% 4.7%
Africa 3.1% 7.0% -3.9%
Middle East 1.0% 1.2% -0.2%
Net Cash and Equivalents 0.2% - -
Analytics
(As of 03/31/2018)

Dividends
  • D
Est. Frequency
Quarterly
Last Pay Date
3/20/2018
Per Share ($)
$0.0126
12-Month Distribution ($)
$0.3314
Portfolio Characteristics
Fund
Industry Benchmark
Average Market Cap (weighted)
$42.57 B
$91.77 B
Median Market Cap (weighted)
$17.47 B
$23.30 B
P/E Ratio (LTM)
11.98
16.39
P/E Ratio (NTM)
9.87
12.72
Price/Book
1.32
2.02
Price/Sales Ratio
0.79
1.77
Price/Cash Flow Ratio
-
-
Turnover Ratio
-
-
Distribution Sources
  • D
Net Income
100.00%
Net Profit from Sale
0.00%
Other Capital Sources
0.00%
Documents
  1. 1. Access Index Definitions
  2. 2. This is a new fund with a limited operating history and an inception date of 7/11/17.
  3. 3. The OFI Revenue Weighted Emerging Markets Index is a custom index that is owned and calculated by MSCI, is based on the MSCI Emerging Markets Index and aims to reflect the performance of Oppenheimer Emerging Markets Revenue ETF.
  4. 4. Special Risks: An investment in the Fund is subject to investment risk, including the possible loss of the principal amount invested. Foreign investments may be volatile and involve additional expenses and special risks, including currency fluctuations, foreign taxes, regulatory and geopolitical risks. Emerging market investments may be especially volatile. Eurozone investments may be subject to volatility and liquidity issues. Investing significantly in a particular region, industry, sector or issuer may increase volatility and risk. 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.
  5. 5. Holdings are subject to change, and are dollar weighted based on total net assets.
  6. 6. 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.
  7. A. The benchmark holdings data displayed is as of 12/06/2017.
  8. B. 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.
  9. C. 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.
  10. D. There is no guarantee of the payment of any dividend or other distributions at any level.
  11. The funds invest in below-investment-grade debt securities, which may entail greater credit risks, as described in each fund’s prospectus. These securities (sometimes called “junk bonds”) may be subject to greater price fluctuations and risks of loss of income and principal than investment-grade municipal securities. The funds may invest substantially in municipal securities within a single state or related to similar type projects, which can increase volatility and exposure to regional issues. The funds may also invest substantially in Puerto Rico and other U.S. territories, commonwealths and possessions, and could be exposed to their local political and economic conditions. Deterioration of the Puerto Rican economy could have an adverse impact on Puerto Rican bonds and the performance of the Rochester municipal funds that hold them.The views represented herein are the opinions of the Portfolio Managers at Macquarie Capital Investment Management LLC and are not intended as investment advice or to predict or depict the performance of any investment. These views are as of the date indicated, and are subject to change based on subsequent developments.Funds returns may not match the return of its respective index, known as non-correlation risk, due to operating expenses incurred by the Funds. The alternate weighting approach employed by the Funds (i.e., using revenues as a weighting measure), while designed to enhance potential returns, may not produce the desired results. Because the Funds are 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 performanceOn April 28, 2017, OFI Global Institutional, Inc., a registered investment adviser subsidiary within OFI Global Asset Management (“OFI Global”) acquired SNW Asset Management, LLC (“SNW”). SNW provides advisory services for the strategy discussed herein.

    Benchmark: Through 12/31/11: 80% Merrill Lynch 1-5yr Municipal index/ 20% Merrill Lynch 5-7yr index. After 12/31/11: BofA Merrill Lynch 1-10 Year Municipal Securities Index. The BofA Merrill Lynch 1-10 Year Municipal Securities Index is a subset of the BofA Merrill Lynch US Municipal Securities Index including all securities with a remaining term to final maturity less than 10 years.On April 28, 2017, OFI Global Institutional, Inc., a registered investment adviser subsidiary within OFI Global Asset Management (“OFI Global”) acquired SNW Asset Management, LLC (“SNW”). SNW provides advisory services for the strategy discussed herein.

    Benchmark: Through 12/31/11: 80% Merrill Lynch 1-5yr Municipal index/ 20% Merrill Lynch 5-7yr index. After 12/31/11: BofA Merrill Lynch 1-10 Year Municipal Securities Index. The BofA Merrill Lynch 1-10 Year Municipal Securities Index is a subset of the BofA Merrill Lynch US Municipal Securities Index including all securities with a remaining term to final maturity less than 10 years.Source: MSCI. The funds or securities referred to herein are not sponsored, endorsed, issued, sold or promoted by MSCI Inc., and MSCI Inc. bears no liability with respect to any such funds or securities or any index on which such funds or securities are based.

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