OAPH | O’SHARES FTSE ASIA PACIFIC QUALITY DIVIDEND HEDGED ETF
The Fund is designed to be a core investment holding that seeks to provide cost efficient access to a portfolio of large-cap and mid-cap high quality, low volatility, dividend paying companies in the Asia Pacific selected based on certain fundamental metrics.
The O’Shares FTSE Asia Pacific Quality Dividend Hedged ETF hedges against fluctuations in the relative value of foreign currencies in which O’Shares FTSE Asia Pacific Quality Dividend Hedged ETF Target Index’s components are denominated against the U.S. dollar. Thus, it is designed to have higher returns than an equivalent fund that does not hedge against a weakening of such foreign currencies relative to the U.S. dollar. Conversely, the O’Shares FTSE Asia Pacific Quality Dividend Hedged ETF would be expected to have lower returns than an equivalent unhedged fund when these foreign currencies are rising in value relative to the U.S. dollar.
Currently, the Fund achieves its investment objective by investing a substantial portion of its assets in the O’Shares Asia Pacific Quality Dividend Fund