Shark Tank’s O’Leary Launches A New ETF And Talks Up A Trump-Inspired Run At Trudeau
O’Leary Talks ETFs, Shark Tank & Canadian Politics
Julie Cooling, Contributor
Last week I sat down with Kevin O’Leary, Chairman, O’Shares ETF Investments to discuss his ETF investment strategies, Shark Tank success stories and his recent decision to run for Prime Minister of Canada.
O’Shares recently launched OUSM (the O’Shares U.S. Small Capitalization ETF). OUSM is one of a suite of six ETFs that offer access to O’Leary’s investment methodology and philosophy. O’Leary’s core investment goal is to capture the return of the S&P 500 index or better with 20% less risk and 40% more yield than the S&P 500 index. O’Shares assets are just under half a billion in ETFs after only two years, focusing exclusively on quality dividend strategies across market capitalizations, sectors and regions with OUSA, OEUR, OEUH, OASI, OAPH and now OUSM.
O’Leary, more widely known as “Mr. Wonderful” on NBC’s Shark Tank points to Sara Margulis, CEO of Honeyfund, as one of his favorite success stories on Shark Tank. Honeyfund generates income from the wedding planning and travel market. His biggest exit was with GrooveBook, a photo printing app, which he and Mark Cuban helped to sell to Shutterfly for nearly $15 million. After nine years on Shark Tank, O’Leary claims women-owned or women-run businesses have delivered the majority if not ALL of his investment returns.
One of the most exciting announcements O’Leary made, was his affirmation that he will be taking on Justin Trudeau in the 2019 election to be the 24th Prime Minister of Canada. With Trump-like style, O’Leary points out Trudeau’s failures in running Canada. If elected, O’Leary claims he will reverse all of Trudeau’s policies that have led Canada to an environment of over-regulation, insane deficits, low GDP growth, job losses and one that is completely out of sync with their biggest trade partner, the United States. He recognizes his similarities with Trump, and looks forward to making Canada great again.
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Concentration in a particular industry or sector will subject the Funds to loss due to adverse occurrences that may affect that industry or sector. The funds may use derivatives which may involve risks different from, or greater than, those associated with more traditional investments. The funds' 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 the 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 funds' hedging strategies may not be successful, and even if they are successful, the funds' exposure to foreign currency fluctuations is not expected to be fully hedged at all times. See the prospectus for specific risks regarding the Fund.
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