Global ESG Revenue ETF
The strategy is a Revenue Weighted Global ESG ETF.
Oppenheimer Global ESG Revenue ETF begins with the MSCI ACWI as its starting universe. The top 50% of the universe is selected by relative ESG score, which is calculated by MSCI. Each security is then ranked by top line revenue, instead of market capitalization. The fund is rebalanced quarterly.
The strategy seeks to outperform the MSCI ACWI Index through a portfolio of revenue-weighted global all-cap names with strong Environmental, Social, and Corporate Governance (“ESG”) practices, as determined by MSCI’s proprietary ESG scores and the OFI Revenue Factor team’s proprietary revenue-weighting methodology. We believe this to be a durable value proposition as it aims to provide investors with exposure to stocks across the globe with strong ESG practices.