OppenheimerFunds has expanded its ETF offering with the addition of two new revenue-weighted international and emerging markets focussed ultra dividend investment strategies.
Developed in partnership with global index provider FTSE Russell, the new Oppenheimer International Ultra Dividend Revenue ETF (RIDV) and Oppenheimer Emerging Markets Ultra Dividend Revenue ETF (REDV) join the Oppenheimer S&P Ultra Dividend Revenue ETF (RDIV) strategy to extend the firm’s range of equity income ETF solutions for clients across US, international developed and emerging markets.
“The continued expansion of our ETF platform is driven by the needs of our clients,” says Sharon French, OppenheimerFunds Head of Beta Solutions. “In a shifting market environment for income generation, we are excited to launch our two newest ETFs, which build off the success of the Oppenheimer S&P Ultra Dividend Revenue (RDIV) ETF to provide investors with attractive opportunities to generate income outside the US.”
OppenheimerFunds’ suite of Ultra Dividend Revenue ETFs employs a dynamic rules-based investment process to provide greater exposure to high-dividend paying stocks. They offer high income potential by targeting high-yielding securities, increased value orientation through the use of the firm’s proprietary revenue weighting methodology and greater opportunistic yield.