OppenheimerFunds Celebrates One-Year Anniversary of Factor ETFs with OMFL Top Ranked Multi-Factor Fund

NEW YORK, Nov. 13, 2018 /PRNewswire/ -- OppenheimerFunds, a leading global asset manager, is pleased to announce the one-year anniversary of its suite of factor ETFs, led by the Oppenheimer Russell 1000 Dynamic Multi-Factor ETF (OMFL), the top performing large blend multi-factor ETF over the past year.

Sharon French, Head of Beta Solutions, OppenheimerFunds, commented, "We are excited to see the market recognition for our dynamic multi-factor approach that utilizes the expertise of our Global Multi-Asset team to adjust factor exposure based on specific market and economic signals. Our outperformance against both our benchmark and category over the past year further validates the full merits of our multi-factor investment approach to clients."

"Our factor strategies are designed to capitalize on the cyclicality of investment factors given the macroeconomic environment and overall market conditions and we are very pleased with the results since inception," said Mo Haghbin, Head of Beta Solutions Product, OppenheimerFunds. "We look forward to continuing to serve our clients with innovative investment solutions that meet their needs."

OppenheimerFunds launched its suite of two dynamic multi-factor and six single-factor based strategies in partnership with global index provider FTSE Russell in November 2017. In addition to the two multi-factor ETFs – which also includes the Oppenheimer Russell 2000 Dynamic Multi-Factor ETF (OMFS) – OppenheimerFunds also provides a range of single-factor ETFs that offer precision exposure to well-established and time-tested investment factors including value, momentum, quality, size, yield and low volatility.

The full suite of OppenheimerFunds Factor ETFs can be found here.

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 $229 billion in assets for over 13 million shareholder accounts, including sub-accounts, as of October 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

Morningstar Ranking is based on total return as of 11/8/18. The Fund's total-return percentile rank is relative to all funds that are in the Morningstar ETF Large Blend and Small Blend categories. The highest (or most favorable) percentile rank is 1 and the lowest (or least favorable) percentile rank is 100. The top performing fund in a category will always receive a rank of 1. Fund rankings are subject to change monthly.

An investment in the Fund is subject to investment risk, including the possible loss of principal amount invested. The Fund, seeks to provide exposure to investments based on the following factors: value, momentum, quality, low volatility and size, and to weight such factors based on changes in the economic cycle. There can be no assurance that doing so will enhance the Fund's performance over time. Investing significantly in a particular region, industry, sector or issuer may increase volatility and risk. Fund returns may not match the return of its respective index, known as non-correlation risk, due to operating expenses incurred by the Fund. Because the Fund has the potential to be rebalanced monthly, portfolio turnover may exceed 100%. The greater the portfolio turnover, the greater the transaction costs, which could have an adverse effect on Fund 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.

SOURCE OppenheimerFunds

Related Links

http://www.oppenheimerfunds.com

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