We believe that investing in firms that help solve environmental challenges should lead to attractive capital gains while making a positive environmental impact.
- Inception Date
- December 21, 2017
- Investment Style
- Global Environmental
- Fund Index
- MSCI ACWI
- CUSIP
- 67628K106
-
NAV
- A
- (as of 04/19/2018)
- $10.28
- Total Assets
- (as of 03/31/2018)
- $10.13 MM
- Gross Expense Ratio
- (as of 03/29/2018)
- 0.88%
- Net Expense Ratio
- (as of 03/29/2018)
- 0.85%
|
Cumulative
|
||||
|---|---|---|---|---|
| 1 mo | 3 mo |
ytd as of 2018-03-31
|
since inception | |
| -0.30% | 0.80% | 0.80% | 1.20% | |
| -2.14% | -0.96% | -0.96% | -0.55% | |
|
Cumulative
|
||||
|---|---|---|---|---|
| 1 mo | 3 mo |
ytd as of 2018-03-31
|
since inception | |
| -0.30% | 0.80% | 0.80% | 1.20% | |
| -2.14% | -0.96% | -0.96% | -0.55% | |
| Year | OFI Pictet Global Environmental Solutions Fund |
|---|
| Date | OFI Pictet Global Environmental Solutions Fund |
|---|---|
| 12/21/2017 | 0.00 |
| 12/22/2017 | -0.10 |
| 12/23/2017 | -0.10 |
| 12/24/2017 | -0.10 |
| 12/25/2017 | -0.10 |
| 12/26/2017 | -0.20 |
| 12/27/2017 | 0.10 |
| 12/28/2017 | 0.30 |
| 12/29/2017 | 0.40 |
| 12/30/2017 | 0.40 |
| 12/31/2017 | 0.40 |
| 1/1/2018 | 0.40 |
| 1/2/2018 | 1.00 |
| 1/3/2018 | 1.80 |
| 1/4/2018 | 2.80 |
| 1/5/2018 | 3.40 |
| 1/6/2018 | 3.40 |
| 1/7/2018 | 3.40 |
| 1/8/2018 | 3.60 |
| 1/9/2018 | 3.80 |
| 1/10/2018 | 3.10 |
| 1/11/2018 | 3.70 |
| 1/12/2018 | 4.50 |
| 1/13/2018 | 4.50 |
| 1/14/2018 | 4.50 |
| 1/15/2018 | 4.50 |
| 1/16/2018 | 4.80 |
| 1/17/2018 | 5.70 |
| 1/18/2018 | 6.20 |
| 1/19/2018 | 7.10 |
| 1/20/2018 | 7.10 |
| 1/21/2018 | 7.10 |
| 1/22/2018 | 7.20 |
| 1/23/2018 | 7.40 |
| 1/24/2018 | 7.10 |
| 1/25/2018 | 6.50 |
| 1/26/2018 | 7.70 |
| 1/27/2018 | 7.70 |
| 1/28/2018 | 7.70 |
| 1/29/2018 | 6.60 |
| 1/30/2018 | 5.70 |
| 1/31/2018 | 5.90 |
| 2/1/2018 | 6.10 |
| 2/2/2018 | 4.30 |
| 2/3/2018 | 4.30 |
| 2/4/2018 | 4.30 |
| 2/5/2018 | 0.60 |
| 2/6/2018 | 0.90 |
| 2/7/2018 | 0.50 |
| 2/8/2018 | -2.80 |
| 2/9/2018 | -2.30 |
| 2/10/2018 | -2.30 |
| 2/11/2018 | -2.30 |
| 2/12/2018 | -0.80 |
| 2/13/2018 | -0.60 |
| 2/14/2018 | 1.40 |
| 2/15/2018 | 2.70 |
| 2/16/2018 | 2.90 |
| 2/17/2018 | 2.90 |
| 2/18/2018 | 2.90 |
| 2/19/2018 | 2.90 |
| 2/20/2018 | 2.80 |
| 2/21/2018 | 2.40 |
| 2/22/2018 | 2.40 |
| 2/23/2018 | 3.00 |
| 2/24/2018 | 3.00 |
| 2/25/2018 | 3.00 |
| 2/26/2018 | 3.90 |
| 2/27/2018 | 2.50 |
| 2/28/2018 | 1.50 |
| 3/1/2018 | 0.30 |
| 3/2/2018 | 0.70 |
| 3/3/2018 | 0.70 |
| 3/4/2018 | 0.70 |
| 3/5/2018 | 1.40 |
| 3/6/2018 | 3.10 |
| 3/7/2018 | 3.80 |
| 3/8/2018 | 4.10 |
| 3/9/2018 | 5.60 |
| 3/10/2018 | 5.60 |
| 3/11/2018 | 5.60 |
| 3/12/2018 | 5.50 |
| 3/13/2018 | 4.80 |
| 3/14/2018 | 4.40 |
| 3/15/2018 | 4.70 |
| 3/16/2018 | 4.60 |
| 3/17/2018 | 4.60 |
| 3/18/2018 | 4.60 |
| 3/19/2018 | 3.70 |
| 3/20/2018 | 3.80 |
| 3/21/2018 | 4.20 |
| 3/22/2018 | 1.70 |
| 3/23/2018 | 0.00 |
| 3/24/2018 | 0.00 |
| 3/25/2018 | 0.00 |
| 3/26/2018 | 2.30 |
| 3/27/2018 | 1.20 |
| 3/28/2018 | 0.40 |
| 3/29/2018 | 1.20 |
| 3/30/2018 | 1.20 |
| 3/31/2018 | 1.20 |
| Date | 2013 | 2014 | 2015 | 2016 | 2017 |
|---|---|---|---|---|---|
| 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.
Top Issuers
Portfolio Holdings Breakdown
| Country | OFI Pictet Global Environmental Solutions Fund | MSCI ACWI | Overweight / Underweight |
|---|---|---|---|
| United States | 49.0% | 52.2% | -3.3% |
| United Kingdom | 8.8% | 5.7% | 3.1% |
| France | 8.7% | 3.6% | 5.1% |
| Germany | 8.1% | 3.2% | 5.0% |
| Netherlands | 5.1% | 1.2% | 3.9% |
| Japan | 4.4% | 8.0% | -3.6% |
| China | 4.3% | 3.7% | 0.6% |
| Ireland | 3.9% | 0.2% | 3.7% |
| Canada | 2.7% | 3.0% | -0.2% |
| Switzerland | 1.9% | 2.5% | -0.7% |
| Denmark | 1.5% | 0.6% | 1.0% |
| Sweden | 0.5% | 0.9% | -0.3% |
| Developed Markets | OFI Pictet Global Environmental Solutions Fund | MSCI ACWI | Overweight / Underweight |
|---|---|---|---|
| Americas | 51.7% | 55.2% | -3.5% |
| Europe | 38.5% | 20.7% | 17.8% |
| Asia Pacific | 4.4% | 11.7% | -7.4% |
| Equity Sector | OFI Pictet Global Environmental Solutions Fund | MSCI ACWI | Overweight / Underweight |
|---|---|---|---|
| Industrials | 32.9% | 10.8% | 22.0% |
| Information Technology | 22.3% | 18.8% | 3.4% |
| Materials | 17.4% | 5.4% | 12.0% |
| Health Care | 9.5% | 10.6% | -1.1% |
| Consumer Discretionary | 8.8% | 12.3% | -3.4% |
| Utilities | 5.5% | 2.9% | 2.6% |
| Real Estate | 1.7% | 3.0% | -1.3% |
| Energy | 0.8% | 6.2% | -5.5% |
| Industry | OFI Pictet Global Environmental Solutions Fund | MSCI ACWI | Overweight / Underweight |
|---|---|---|---|
| Machinery | 11.8% | 1.9% | 9.9% |
| Semiconductors & Semiconductor Equipment | 10.2% | 3.3% | 6.8% |
| Containers & Packaging | 8.3% | 0.2% | 8.1% |
| Commercial Services & Supplies | 8.0% | 0.4% | 7.6% |
| Electrical Equipment | 7.4% | 0.8% | 6.6% |
| Auto Components | 7.3% | 0.7% | 6.5% |
| Software | 7.1% | 3.7% | 3.4% |
| Life Sciences Tools & Services | 7.0% | 0.5% | 6.5% |
| Chemicals | 6.3% | 2.8% | 3.5% |
| Building Products | 5.7% | 0.4% | 5.2% |
| Water Utilities | 5.5% | 0.1% | 5.4% |
| Electronic Equipment Instruments & Components | 5.0% | 1.1% | 3.9% |
| Paper & Forest Products | 2.7% | 0.2% | 2.6% |
| Health Care Equipment & Supplies | 2.5% | 1.9% | 0.6% |
| Equity Real Estate Investment Trusts (REITs) | 1.7% | 2.0% | -0.3% |
| Distributors | 1.6% | 0.1% | 1.5% |
| Energy Equipment & Services | 0.8% | 0.4% | 0.3% |
| Asset Allocation | OFI Pictet Global Environmental Solutions Fund | MSCI ACWI | Overweight / Underweight |
|---|---|---|---|
| Equity | 98.8% | 100.0% | -1.2% |
| Market Cap | OFI Pictet Global Environmental Solutions Fund | MSCI ACWI | Overweight / Underweight |
|---|---|---|---|
| Mid | 49.1% | 12.4% | 36.8% |
| Large | 47.5% | 87.5% | -40.0% |
| Small | 2.2% | 0.1% | 2.1% |
| Emerging Markets | OFI Pictet Global Environmental Solutions Fund | MSCI ACWI | Overweight / Underweight |
|---|---|---|---|
| Asia Pacific | 4.3% | 8.9% | -4.6% |
- 1. This is a new fund with a limited operating history and an inception date of 12/21/17.
- 2. Index Definition: The MSCI® ACWI is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed and emerging markets. The index is unmanaged, includes the reinvestment of dividends and cannot be purchased directly by investors. Index performance is shown for illustrative purposes only and does not predict or depict performance of the Fund. Past performance does not guarantee future results.
- 3. Special Risks: Foreign investments may be volatile and involve additional expenses and special risks, including currency fluctuations, foreign taxes, regulatory and geopolitical risks. Emerging and developing market investments may be especially volatile. Eurozone investments may be subject to volatility and liquidity issues. The stocks of companies with favorable environmental practices may underperform the stock market as a whole. Small and mid-sized company stock is typically more volatile than that of larger company stock. It may take a substantial period of time to realize a gain on an investment in a small-sized or mid-sized company, if any gain is realized at all. Investing significantly in a particular region, industry, sector or issuer may increase volatility and risk.
- 4. For Share Classes with less than a one-year track record, expense ratios are estimated based on the Manager's projections of those expenses for the coming fiscal year.
- 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. ↩
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.