O’Shares ETF Investments Launches O’Shares Global Internet Giants ETF (Ticker OGIG)
BOSTON (PRWEB) June 05, 2018 -- O’Shares ETF Investments expanded its suite of quality ETFs on June 5, 2018 with the launch of the O’Shares Global Internet Giants ETF (NYSE: OGIG), an ETF designed to provide investors with a global portfolio of high quality internet and e-commerce growth companies. O’Shares Investments Advisers, LLC, the investment adviser for the O’Shares family of ETFs, is excited to launch the first in a series of high quality growth ETFs.
Kevin O’Leary, Chairman of O’Shares ETF Investments, a well-known investor on ABC’s Shark Tank and contributor on CNBC commented, “Growth of internet and e-commerce companies is a global phenomenon driven by consumer spending, social media and the sharing economy but you need a rules-based, qualitative evaluation process to identify the companies with the strongest growth potential. That is what OGIG provides and why I’m investing in OGIG.”
Connor O’Brien, CEO of O’Shares ETF Investments, added, “In designing OGIG, it was important for us as fundamental investors to ensure we identified high quality companies that are growing top line revenues exponentially, are profitable and have quality balance sheets to potentially sustain their growth. Of the 7.5 billion population, only half are on the internet, we believe this provides a tremendous growth opportunity.”
OGIG seeks to track the performance (before fees and expenses) of its target index, the O’Shares Global Internet Giants Index. The target index is constructed using a proprietary, rules-based methodology designed to select equity securities from 2500 global stocks in two main business segments, Internet Technology and Internet Commerce, by identifying companies in the following industries: Internet Software & Services, Systems Software, Application Software and Internet & Direct Marketing Retail, selecting those that have exposure to the following factors: 1) Quality and 2) Growth. OGIG’s portfolio will include over 50 large global stocks with a weighted average market cap of over $200 billion. Some of the top 10 holdings in OGIG Index include Amazon (6.54%), Facebook (6.41%), Netflix (3.67%), Alibaba (6.65%) and Tencent (5.70%)*.
For additional information on O’Shares ETF Investments and the O’Shares Global Internet Giants ETF, please visit oshares.com or email: [email protected]
O’Shares ETF Investments
O’Shares Investments provides ETFs for long-term wealth management, with an emphasis on quality across our family of ETFs. O’Shares provides a series of ETFs designed for investors with objectives ranging from income and wealth preservation to growth and capital appreciation. Each of the O’Shares ETFs reflects our rules-based investment philosophy, including quality as an important characteristic. At O’Shares, we prefer the ETF form of investment fund for cost-effective, tax-efficient, and transparent access to investment portfolios. At O’Shares, we aim to serve investors by keeping investing simple, straightforward and easy to understand. O’Shares ETFs are all managed according to rules-based indexes, and all are listed on the NYSE.
For Further Information:
Kevin Beadles
kbeadles(at)oshares(dot)com
- OGIG Index holdings as of 5/29/2018. Holdings subject to change.
Before you invest in O’Shares ETF Investments Funds, please refer to the prospectus for important information about the investment objectives, risks, charges and expenses. To obtain a prospectus containing this and other important information, please visit http://www.oshares.com to view or download a prospectus online. Read the prospectus carefully before you invest. There are risks involved with investing including the possible loss of principal.
Concentration in a particular industry or sector will subject the Fund to loss due to adverse occurrences that may affect that industry or sector. The Fund may use derivatives which may involve risks different from, or greater than, those associated with more traditional investments. The Fund's emphasis on dividend-paying stocks involves the risk that such stocks may fall out of favor with investors and underperform the market. Also, a company may reduce or eliminate its dividend after a Fund's purchase of such a company's securities. Returns on investments in foreign securities could be more volatile than, or trail the returns on, investments in U.S. securities. Exposures to foreign securities entail special risks, including political, diplomatic, economic, foreign market and trading risks. In addition, unless perfectly hedged, the Fund’s investments in securities denominated in other currencies could decline due to changes in local currency relative to the value of the U.S. dollar, which may affect the Fund’s returns. The Fund's hedging strategies may not be successful, and even if they are successful, the Fund's exposure to foreign currency fluctuations is not expected to be fully hedged at all times. See the prospectus for specific risks regarding the Fund.
Companies involved with the internet, technology and e-commerce are exposed to risks associated with rapid advances in technology, obsolescence of current products and services, the finite life of patents and the constant threat of global competition and substitutes.
Past performance does not guarantee future results. Shares are bought and sold at market price (not NAV), are not individually redeemable, and owners of the Shares may acquire those Shares from the Funds and tender those Shares for redemption to the Funds in Creation Unit aggregations only, consisting of 50,000 Shares. Brokerage commissions will reduce returns.
O’Shares ETF Investments Funds are distributed by Foreside Fund Services, LLC. Foreside Fund Services, LLC is not affiliated with O’Shares ETF Investments or any of its affiliates.
Kevin Beadles, O'Shares Investments, http://oshares.com, +1 (617) 855-7670, [email protected]
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