O’Shares Global Internet Giants ETF (OGIG) Generated Positive Returns for Twelve Months ended March 31, 2020 Despite Market Selloff
April 14, 2020 – Boston, MA – O’Shares Global Internet Giants ETF (OGIG) generated positive returns of 2.44% for the year ended March 31, 2020 despite the market selloff, and OGIG has outperformed the NASDAQ-100 Index year-to-date. View the standardized performance for OGIG.
OGIG is designed to own large cap stocks of e-commerce and internet businesses, over sixty stocks selected for strong balance sheets and strong revenue growth.
“Change is coming, due to the global health crisis, and investors should take notice. Many more people are choosing or are forced to stay-play-work-shop at home, accelerating important investment trends, so I’m making investment changes mostly using ETFs, exchange traded funds. OGIG is one I’m buying to own giant e-commerce and internet companies that I think will benefit from accelerated trends. Look at how my life has changed. Instead of traveling almost every day, I’m set up in Miami and working with the networks and over 50 companies I own, mostly by videoconference. Most of my groceries and other shopping is online. It’s going to be a long time before I go back to crowded airports, shops, restaurants and theatres, and many more people are probably changing their ways. Companies like Amazon, Alibaba, Netflix and Shopify, as well as others like Atlassian, MondoDB and ServiceNow1 providing cloud computing services and more, already had over 20% sales growth and this growth will probably accelerate. OGIG gives me a diversified portfolio of these companies.” said Kevin O’Leary, Chairman, O’Shares ETFs. “Look at the portfolio for yourself at oshares.com”.
“2020 is becoming a tipping point for the way people and their employers learn the efficiencies of the “at-home” trend. Less time is being wasted commuting. Leverage technology for teamwork on product development, sales and more. Lose less time in shopping malls, parking lots and grocery stores, and get what you need by shopping online. Online retail in the US has actually grown gradually to only 11.4% share of total retail in Q4 20192 so there is ample room for accelerated growth. OGIG is an ETF that allows investors to invest in a diverse portfolio of stocks likely to benefit from the stay-work-play-shop at home trends” said Connor O’Brien, CEO of O’Shares ETFs.
OGIG is an exchange traded fund (ETF) that seeks to track the performance (before fees and expenses) of the O’Shares Global Internet Giants Index (the “Target Index”). The Target Index is a rules based index intended to give investors a means of tracking stocks exhibiting quality and growth characteristics in the “internet sector”, as defined by the index provider, O’Shares Investment Advisors, LLC.
O’Shares ETF Investments
O’Shares Investments provides ETFs for long-term wealth management, with an emphasis on quality across our family of ETFs. The O’Shares ETFs are designed for investors with objectives ranging from wealth preservation and income to growth and capital appreciation. Each O’Shares ETF reflects our rules-based investment philosophy, including quality as an important characteristic. O’Shares ETFs are all managed according to rules-based indexes, and all are listed on the New York Stock Exchange.
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- O’Shares ETF OGIG holds: Amazon (6.36%), Alibaba (5.75%), Netflix (1.98%), Shopify (1.85%), Atlassian (1.29%), MondoDB (1.33%), and ServiceNow (1.58%), as of 3/31/2020. Holdings subject to change. OGIG, Top 10 Holdings.
- Source: Statista, “Quarterly share of e-commerce sales of total U.S. retail sales from 1st quarter 2010 to 4th quarter 2019”.
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 view or download a prospectus. 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 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. A 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 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, a 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. See the prospectus for specific risks regarding the Funds.
The securities of small capitalization companies are often more volatile and less liquid than the stocks of larger companies and may be more affected than other types of securities during market downturns. Compared to larger companies, small capitalization companies may have a shorter history of operations, and may have limited product lines, markets or financial resources.
Companies involved with 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 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. The market price of Shares can be at, below, or above NAV. Market Price returns are based upon the midpoint of the bid/ask spread at 4:00 PM Eastern time (when NAV is normally determined), and do not represent the returns you would receive if you traded Shares at other times.
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