 The
OneAscent International Equity ETF, with the ticker symbol OAIM, is an
exchange-traded fund that seeks to track the performance of the
Russell Developed ex-U.S. Large Cap Index. The ETF invests in a
diversified portfolio of large-cap companies located outside of the
United States. Here's an extended company report for the OneAscent
International Equity ETF:
The OneAscent International Equity
ETF was launched in 2021 by OneAscent Financial Services, a provider
of investment solutions. The ETF seeks to track the performance of the
Russell Developed ex-U.S. Large Cap Index, which is designed to
measure the performance of large-cap companies located outside of the
United States.
The OneAscent International Equity ETF provides
investors with exposure to a diversified portfolio of large-cap
companies located outside of the United States. The ETF's investment
strategy seeks to provide investors with exposure to international
markets while maintaining a diversified portfolio of investments.
As of March 18, 2023, the OneAscent International Equity ETF had a
net asset value of approximately $12 million. The ETF's expense ratio
is 0.25%, which is lower than the average expense ratio for similar
ETFs.
Investing in the OneAscent International Equity ETF
involves risks, including the risk that the ETF's performance may be
affected by changes in international markets, changes in currency
exchange rates, and other factors that may impact the large-cap
companies in which the ETF invests. In addition, the ETF's performance
may be affected by changes in market conditions, as well as
fluctuations in the prices of individual securities held by the ETF.
In conclusion, the OneAscent International Equity ETF provides
investors with exposure to a diversified portfolio of large-cap
companies located outside of the United States. The ETF's investment
strategy seeks to provide investors with exposure to international
markets while maintaining a diversified portfolio of investments.
However, investors should carefully consider the risks and potential
benefits of investing in the OneAscent International Equity ETF before
making any investment decisions.
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