Revenue Weighted Strategy ETFs
Revenue Uncovers Value in a Rich Stock Market
Revenue weighting offers diversified market exposure with a value orientation.
June 08, 2017
Oppenheimer International Revenue ETF (“the Fund”) gives investors access to the same broad basket of stocks as the MSCI EAFE Index. Each security in the Fund is weighted by its trailing four quarters of total reported revenue, rather than its market capitalization, with a 5% maximum portfolio weight for any one issuer. The Fund is rebalanced quarterly. The Fund seeks to outperform the total return performance of the MSCI EAFE Index.
Oppenheimer International Revenue ETF seeks to outperform the total return performance of the MSCI EAFE Index, the Fund’s benchmark index. The Fund seeks to meet this objective by selecting holdings using the OFI Revenue Weighted Strategy Team’s methodology. By weighting companies by their revenue rather than their market capitalization, the Fund aims to provide investors with increased exposure to the stocks of companies across the developed markets with strong revenues. This approach also helps avoid the traditional index’s bias towards overvalued stocks, while maintaining a fully transparent investment process and offering the broad market diversification that has historically attracted investors to index strategies.
Vince Lowry is the Lead Portfolio Manager for the Revenue Weighted Strategy Team. He was the founder and architect behind the creation of RevenueShares ETFs, acquired by OppenheimerFunds in 2015. Vince served as RevenueShares CEO & Chairman. Prior to starting RevenueShares he was a Managing Director at Smith Barney, a division of Citigroup Global Markets Inc. His early career began in the Philadelphia Police Department as a Detective Sergeant.
Justin serves as a portfolio manager and Vice President, Director of Research for the Oppenheimer Revenue Weighted Strategy Team. This includes the creation and development of new products, research for the development of economic white papers, creation of performance/risk measurement reports, asset attribution analysis, asset allocation analysis, and style analysis for distribution by the sales force.
Sean is a portfolio manager for the Oppenheimer Revenue Weighted Strategy Team. He is responsible for all trading, as well as the cash and tax management for the Funds. Sean also works closely with the product research team to develop new strategies. Sean joined VTL Associates in June 2009, and has been instrumental in the launches of more than ten ETFs across several asset classes.