Kevin O'Leary, better known as Mr. Wonderful on ABC's 'Shark Tank,' partnered with Connor O'Brien to form O'Shares, a line of five exchange traded funds, or ETFs, the first of which began trading today on the NYSE Arca as O'Shares FTSE US Quality Dividend ETF (OUSA). The investment ensemble aims to give investors cost-efficient access to a diverse portfolio of low volatility, high yield stocks. O'Leary's investment philosophy, passed down from his mother, is simple: In cash I trust. If [an investment] doesn't generate cash I'm not interested. His ETF tracks the performance of the FTSE US Qual / Vol / Yield Factor 5% Capped Index (FUSYQVCF).The 140 stocks in the index are diversified across ten industry sectors, with the three largest sectors being consumer goods, health care and technology, and the three smallest being materials, financials and utilities. Subscribe to TheStreetTV on YouTube: http://t.st/TheStreetTV For more content from TheStreet visit: http://thestreet.com Check out all our videos: http://youtube.com/user/TheStreetTV Follow TheStreet on Twitter: http://twitter.com/thestreet Like TheStreet on Facebook: http://facebook.com/TheStreet Follow TheStreet on LinkedIn: http://linkedin.com/company/theStreet Follow TheStreet on Google+: http://plus.google.com/+TheStreet
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