O’Shares ETF Investments’ O’Shares Global Internet Giants ETF (OGIG) returned 36.62per cent in 2019, its first full calendar year. 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”). OGIG is a rules-based ETF 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.
OGIG is the quality internet and e-commerce and growth investment provided by O’Shares ETF Investments, a family of ETFs that includes OUSA, OUSM and OEUR.
“OGIG is my top internet ETF growth investment. OGIG gives me over 60 of the world’s largest fast-growing e-commerce and internet companies. Did you know that many Tech sector indexes now exclude companies like Facebook and Alphabet? So we created OGIG to own very large “tech-enabled” e-commerce and internet companies with great revenue growth,” says Kevin O’Leary, Chairman, O’Shares ETFs.
“We designed OGIG to own stocks of high quality, large and fast growing e-commerce and internet companies. Revenue growth is an effective quality measure when looking at tech stocks. Some older tech indexes now have slower revenue growth, under 10 per cent. Secular mega trends in e-commerce and internet are driving revenue growth rates of over 30 per cent in many global internet companies. OGIG is an ETF that invests in many of these stocks,” says Connor O’Brien, CEO of O’Shares ETFs.