- S-Network Global Indexes
- Posted June 11, 2018
S-Network Partners with O’Shares ETF Investments to Launch O’Shares Global Internet Giants Index
June 11, 2018 (New York, NY) — S-Network Global Indexes announced that it has partnered with O’Shares ETF Investments to launch the O’Shares Global Internet Giants Index (Ticker: OGIGX), which tracks stocks that generate the bulk of their revenues directly from the internet. Companies in the index are screened to demonstrate quality and growth.
The index is constructed using a proprietary, rules-based methodology designed to select equity securities from 2500 global stocks in two main business segments, Internet Technology and Internet Commerce, including the largest stocks domiciled in the U.S., Europe, Pacific Basin and Emerging Markets.
OGIGX identifies companies in the following sub-industries: Internet Software & Services, Systems Software, Application Software and Internet & Direct Marketing Retail. Hardware manufacturers and chipmakers, among others, are excluded from the index.
The O’Shares Global Internet Giants Index is the first in an expanding series of high-growth indexes that will also include the O’Shares Quality Robotics & Artificial Intelligence Index, the O’Shares Quality Artificial Intelligence Index, and the O’Shares U.S. Quality Growth Indexes.
“We believe OGIGX captures internet growth in ways other indexes do not. We’re excited to partner with O’Shares on this series of high-quality growth indexes,” said Joseph LaCorte, CEO of S-Network.
OGIGX is cap-weighted and applies quality screens to ensure that constituents have sustainable bottom line growth.
S-Network Global Indexes Inc.
S-Network Global Indexes, Inc. is a publisher and developer of proprietary and custom indexes. Founded in 1997, S-Network publishes over 200 indexes, which serve as the underlying portfolios for financial products with over USD 8 billion in assets under management. S-Network indexes, which are supported by a state-of-the-art technology platform, are known for their transparency and efficiency. For more information, visit http://www.snetglobalindexes.com/.
O’Shares ETF Investments
O’Shares Investments provides ETFs for long-term wealth management, with an emphasis on quality across our family of ETFs. O’Shares ETFs are designed for investors with objectives ranging from income and wealth preservation to growth and capital appreciation. Each of the O’Shares ETFs reflects our rules-based investment philosophy, including quality as an important characteristic. At O’Shares, we prefer the ETF form of investment fund for cost effective, tax-efficient, and transparent access to investment portfolios. At O’Shares, we aim to serve investors by keeping investing simple, straightforward and easy to understand. O’Shares ETFs are all managed according to rules-based indexes, and all are listed on the NYSE. For more information, visit http://www.oshares.com.