NEW YORK, Sept. 13, 2018 /PRNewswire/ -- OppenheimerFunds, a leading global asset manager, today announced the continued expansion of its ETF offerings with the addition of two new revenue-weighted international and emerging markets focused 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 U.S., international developed and emerging markets.

"The continued expansion of our ETF platform is driven by the needs of our clients," said 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 U.S."

• Oppenheimer International Ultra Dividend Revenue ETF (RIDV) seeks to outperform the FTSE Emerging Market Index with an investable universe of emerging market equities with high average one-year trailing dividend yields and an expense ratio of 42 basis points.
• Oppenheimer Emerging Markets Ultra Dividend Revenue ETF (REDV): seeks to outperform the FTSE Emerging Market Index with an investable universe of emerging market equities with high average one-year trailing dividend yields and an expense ratio of 46 basis points.
• Oppenheimer S&P Ultra Dividend Revenue ETF (RDIV) seeks to outperform the S&P 900 Index with an investable universe of U.S. equities with high average one-year trailing dividend yields and has an expense ratio of 39 basis points.

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.

To learn more about the full suite of OppenheimerFunds Revenue-Weighted ETFs, please click here.  

*The Oppenheimer S&P Ultra Dividend Revenue (RDIV) ETF is rated 5 stars overall by Morningstar among 1,319 Large Value funds for the 3-year period ended 6/30/18 based on risk-adjusted performance. Source: Morningstar.

About OppenheimerFunds

OppenheimerFunds, Inc., a leader in global asset management, is dedicated to providing solutions for its partners and end investors. OppenheimerFunds, including its subsidiaries, manages more than $249 billion in assets for over 13 million shareholder accounts, including sub-accounts, as of August 31, 2018.

Founded in 1959, OppenheimerFunds is an asset manager with a history of providing innovative strategies to its investors. The firm's 16 investment management teams specialize in equity, fixed income, alternative, multi-asset, and factor and revenue-weighted ETF strategies, including ESG, as a signatory of the UN PRI. OppenheimerFunds and its subsidiaries offer a broad array of products and services to clients, who range from pensions and endowments to financial advisors and individual investors. OppenheimerFunds and certain of its subsidiaries provide advisory services to the Oppenheimer family of funds, and OFI Global Asset Management offers solutions to institutions. The firm is also active through its Philanthropy & Community initiative: 10,000 Kids by 2020, reaching children with introductions to math literacy programs.

Web:  oppenheimerfunds.com
Tweets:  twitter.com/OppFunds
Podcasts:  oppenheimerfunds.com/advisors/podcasts

The S&P 900® combines the large-cap S&P 500® and the S&P MidCap 400®. It addresses the needs of investors who want to benchmark or invest in the large and mid-cap segments of the U.S. market. The index is unmanaged, includes the reinvestment of dividends and cannot be purchased directly by investors. Index performance is shown for illustrative purposes only and does not predict or depict performance of the Fund. Past performance does not guarantee future results.

The FTSE Emerging Market Index is a market capitalization index, adjusted based on the free-float of potential index constituents, and designed to measure the performance of large-, medium- and small-capitalization companies located in emerging market countries throughout the world.

An investment in ETFs is subject to investment risk, including the possible loss of principal amount invested. Foreign investments may be volatile and involve additional expenses and special risks, including currency fluctuations, foreign taxes, regulatory and geopolitical risks.

ETF returns may not match the returns of their respective index, known as non-correlation risk, due to operating expenses incurred by the ETF. The alternate weighting approach employed by ETFs, while designed to enhance potential returns, may not produce the desired results. Because ETFs are rebalanced quarterly, portfolio turnover may exceed 100%. The greater the portfolio turnover, the greater the transaction costs, which could have an adverse effect on ETF performance.

Shares of Oppenheimer funds are not deposits or obligations of any bank, are not guaranteed by any bank, are not insured by the FDIC or any other agency, and involve investment risks, including the possible loss of the principal amount invested.

Before investing in any of the Oppenheimer funds, investors should carefully consider a fund's investment objectives, risks, charges and expenses. Fund prospectuses and summary prospectuses contain this and other information about the funds, and may be obtained by asking your financial advisor, visiting oppenheimerfunds.com or calling 1.800.CALL OPP (225.5677). Read prospectuses and summary prospectuses carefully before investing.

Oppenheimer funds are distributed by OppenheimerFunds Distributor, Inc.

225 Liberty Street, New York, NY 10281-1008
© 2018 OppenheimerFunds Distributor, Inc. All rights reserved.

View original content to download multimedia:http://www.prnewswire.com/news-releases/oppenheimerfunds-expands-etf-platform-with-new-global-ultra-dividend-strategies-300712234.html

SOURCE OppenheimerFunds