O’Shares begun trading of 4 new Smart-Beta, Dividend ETFs, on Wednesday, August 19, 2015:
1.
FUND INFORMATION:
| Symbol: OEUR | Exchange: NYSE Arca |
| Name: O’Shares FTSE Europe Quality Dividend ETF | Net Expense Ratio: 0.58% |
FUND OBJECTIVE:
The O’Shares FTSE Europe Quality Dividend ETF seeks investment performance that correlates generally to price and yield before fees and expenses of the FTSE Developed Europe Qual/Vol/Yield Factor 5% Capped Index.
REFERENCE INDEX:
The FTSE Developed Europe Qual/Vol/Yield Factor 5% Capped Index is designed to measure the performance of publicly-listed large-capitalization and mid-capitalization dividend-paying issuers in Europe that meet certain market capitalization, liquidity, high quality, low volatility and dividend yield thresholds, as determined by FTSE-Russell (Index Provider). The high quality and low volatility requirements are designed to reduce exposure to high dividend equities that have experienced large price declines, as may occur with some dividend investing strategies.
The constituents of the Europe Hedged Target Index are selected from the FTSE Developed Europe Index, comprised of 516 of the largest Developed Europe publicly-listed equities that had an average market capitalization of $22 billion and minimum market capitalization of over approximately $900 million as of June 23, 2015.
The Index Provider selects and weights securities for the Europe Hedged Target Index based on a proprietary approach that combines the following 3 factors:
1) high quality, including measures of profitability, operating efficiency, earnings quality and leverage,
2) low volatility, and
3) high dividend yield for the 12 months preceding each annual reconstitution.
Individual index constituent weights are capped at 5% at each quarterly rebalance to avoid overexposure to any single security and are tested for liquidity semi-annually.
The Europe Hedged Target Index’s investable universe includes real estate investment trusts (REITs).
Index country weightings (08/19/15):
| UK | 43.1% |
| Switzerland | 19.6% |
| France | 12.9% |
| Germany | 6.2% |
| Sweden | 5.0% |
| Netherlands | 4.6% |
| Spain | 3.2% |
Index top holdings (08/19/15):
| Novartis | 5.06% |
| Nestle | 5.01% |
| Roche Hldgs | 4.94% |
| Vodafone Group | 4.63% |
| British American Tobacco | 4.42% |
| GlaxoSmithKline | 3.47% |
| Total | 3.01% |
| Sanofi | 2.98% |
| Royal Dutch Shell | 2.82% |
| AstraZeneca | 2.67% |
Useful Links:
OEUR Home Page
Category: Equities>
OEUH Closed 11/30/2017
2.
FUND INFORMATION:
| Symbol: OEUH | Exchange: NYSE Arca |
| Name: O’Shares FTSE Europe Quality Dividend Hedged ETF | Net Expense Ratio: 0.68% |
FUND OBJECTIVE:
The O’Shares FTSE Europe Quality Dividend Hedged ETF seeks to track the performance (before fees and expenses) of its target index, the Europe Qual/Vol/Yield Factor 5% Capped Hedged 100% to USD Index.
REFERENCE INDEX:
The Europe Qual/Vol/Yield Factor 5% Capped Hedged 100% to USD Index is designed to measure the performance of publicly-listed large-capitalization and mid- capitalization dividend-paying issuers in Europe that meet certain market capitalization, liquidity, high quality, low volatility and dividend yield thresholds, as determined by FTSE-Russell (Index Provider). The high quality and low volatility requirements are designed to reduce exposure to high dividend equities that have experienced large price declines, as may occur with some dividend investing strategies.
The constituents of the Europe Hedged Target Index are selected from the FTSE Developed Europe Index, comprised of 516 of the largest Developed Europe publicly-listed equities that had an average market capitalization of $22 billion and minimum market capitalization of over approximately $900 million as of June 23, 2015.
The Index Provider selects and weights securities for the Europe Hedged Target Index based on a proprietary approach that combines the following 3 factors:
1) high quality, including measures of profitability, operating efficiency, earnings quality and leverage,
2) low volatility, and
3) high dividend yield for the 12 months preceding each annual reconstitution.
Individual index constituent weights are capped at 5% at each quarterly rebalance to avoid overexposure to any single security and are tested for liquidity semi-annually.
The Europe Hedged Target Index’s investable universe includes real estate investment
trusts (REITs).
The Europe Hedged Target Index hedges against fluctuations in the relative value of foreign currencies in which the Europe Hedged Target Index’s components are denominated against the U.S. dollar.
Index country weightings (08/19/15):
| UK | 43.1% |
| Switzerland | 19.6% |
| France | 12.9% |
| Germany | 6.2% |
| Sweden | 5.0% |
| Netherlands | 4.6% |
| Spain | 3.2% |
Index top holdings (08/19/15):
| Novartis | 5.06% |
| Nestle | 5.01% |
| Roche Hldgs | 4.94% |
| Vodafone Group | 4.63% |
| British American Tobacco | 4.42% |
| GlaxoSmithKline | 3.47% |
| Total | 3.01% |
| Sanofi | 2.98% |
| Royal Dutch Shell | 2.82% |
| AstraZeneca | 2.67% |
Useful Links:
OEUH Home Page
Category: Equities>
3.
FUND INFORMATION:
| Symbol: OASI | Exchange: NYSE Arca |
| Name: O’Shares FTSE Asia Pacific Quality Dividend ETF | Net Expense Ratio: 0.45% |
FUND OBJECTIVE:
The O’Shares FTSE Asia Pacific Quality Dividend ETF seeks to track the performance (before fees and expenses) of its target index, the FTSE Developed Asia Pacific Qual/Vol/Yield Factor 5% Capped Index.
REFERENCE INDEX:
The FTSE Developed Asia Pacific Qual/Vol/Yield Factor 5% Capped Index is designed to measure the performance of publicly-listed large-capitalization and mid- capitalization dividend-paying issuers in the Asia-Pacific region that meet certain market capitalization, liquidity, high quality, low volatility and dividend yield thresholds, as determined by FTSE-Russell (the ‘‘Index Provider’’). The high quality and low volatility requirements are designed to reduce exposure to high dividend equities that have experienced large price declines, as may occur with some dividend investing strategies.
The constituents of the AP Target Index are selected from the FTSE Developed Asia Pac Index, comprised of 833 of the largest Developed Asia Pacific publicly-listed equities that had an average market capitalization of $9 billion and minimum market capitalization of over approximately $500 million as of June 23, 2015.
The Index Provider selects and weights securities for the AP Target Index based on a proprietary approach that combines the following 3 factors:
1) high quality, including measures of profitability, operating efficiency, earnings quality and leverage,
2) low volatility, and
3) high dividend yield for the 12 months preceding each annual reconstitution.
Individual index constituent weights are capped at 5% at each quarterly rebalance to avoid overexposure to any single security and are tested for liquidity semi-annually.
The AP Target Index’s investable universe includes real estate investment trusts (‘‘REITs’’).
Index country weightings (08/19/15):
| Japan | 43.9% |
| Hong Kong | 19.2% |
| Australia | 23.3% |
| Singapore | 7.2% |
Index top holdings (08/19/15):
| BHP Billiton | 4.57% |
| CK Hutchison Holdings | 3.33% |
| NTT Docomo | 3.18% |
| Samsung Electronics | 2.64% |
| Wesfarmers | 2.63% |
| Sun Hung Kai Properties | 2.09% |
| Seven & i Holdings | 2.07% |
| Canon | 1.90% |
| Cheung Kong Property | 1.87% |
| Japan Tobacco | 1.82% |
Useful Links:
OASI Home Page
Category: Equities>
OAPH Closed 11/30/2017
4.
FUND INFORMATION:
| Symbol: OAPH | Exchange: NYSE Arca |
| Name: O’Shares FTSE Asia Pacific Quality Dividend Hedged ETF | Net Expense Ratio: 0.68% |
FUND OBJECTIVE:
The O’Shares FTSE Asia Pacific Quality Dividend Hedged ETF seeks to track the performance (before fees and expenses) of its target index, the Developed Asia Pacific Qual/Vol/Yield Factor 5% Capped Hedged 100% to USD Index.
REFERENCE INDEX:
The Developed Asia Pacific Qual/Vol/Yield Factor 5% Capped Hedged 100% to USD Index is designed to measure the performance of publicly-listed large-capitalization and mid- capitalization dividend-paying issuers in the Asia-Pacific region that meet certain market capitalization, liquidity, high quality, low volatility and dividend yield thresholds, as determined by FTSE-Russell (Index Provider). The high quality and low volatility requirements are designed to reduce exposure to high dividend equities that have experienced large price declines, as may occur with some dividend investing strategies.
The constituents of the AP Hedged Target Index are selected from the FTSE Developed Asia Pac Index, comprised of 833 of the largest Developed Asia Pacific publicly-listed equities that had an average market capitalization of $9 billion and minimum market capitalization of over approximately $500 million as of June 23, 2015.
The Index Provider selects and weights securities for the AP Hedged Target Index based on a proprietary approach that combines the following 3 factors:
1) high quality, including measures of profitability, operating efficiency, earnings quality and leverage,
2) low volatility, and
3) high dividend yield for the 12 months preceding each annual reconstitution.
Individual index constituent weights are capped at 5% at each quarterly rebalance to avoid overexposure to any single security and are tested for liquidity semi-annually.
The AP Hedged Target Index’s investable universe includes real estate investment trusts (REITs).
The AP Hedged Target Index hedges against fluctuations in the relative value of foreign currencies in which the AP Hedged Target Index’s components are denominated against the U.S. dollar.
Index country weightings (08/19/15):
| Japan | 43.9% |
| Hong Kong | 19.2% |
| Australia | 23.3% |
| Singapore | 7.2% |
Index top holdings (08/19/15):
| BHP Billiton | 4.57% |
| CK Hutchison Holdings | 3.33% |
| NTT Docomo | 3.18% |
| Samsung Electronics | 2.64% |
| Wesfarmers | 2.63% |
| Sun Hung Kai Properties | 2.09% |
| Seven & i Holdings | 2.07% |
| Canon | 1.90% |
| Cheung Kong Property | 1.87% |
| Japan Tobacco | 1.82% |
Useful Links:
OAPH Home Page
Category: Equities>