Spoof Access

×
U.S. Flag United States
Financial Advisor
×
QVGIX

Global Allocation Fund

×
Overview

The Strategy primarily invests globally in stocks, bonds and alternatives.

Inception Date
November 1, 1991
Investment Style
Global Allocation
Fund Index
60% MSCI ACWI/40% BBG Barc Gbl Agg Hdg
CUSIP
68380E403
NAV
  • A
(as of 11/24/2017)
$19.66
Total Assets
(as of 10/31/2017)
$1.63 BN
Gross Expense Ratio
(as of 10/31/2017)
1.36%
Net Expense Ratio
(as of 10/31/2017)
1.30%
Performance
Average Annual Total Returns
Cumulative Returns
Calendar Year Returns
Capital Gains Distributions
as of 10/31/2017
  • B
as of 09/30/2017
  • B

Include Sales Charge
Include Sales Charge
Include Sales Charge
Include Sales Charge
  • B
Cumulative
Annualized
ytd as of 2017-09-30
  • C
1 yr 3 yr 5 yr 10 yr since inception
Global Allocation Fund (NAV)
12.26% 10.30% 5.98% 7.49% 2.99% 8.04%
Cumulative
Annualized
ytd as of 2017-09-30
  • C
1 yr 3 yr 5 yr 10 yr since inception
Global Allocation Fund (with sales charge)
5.81% 3.96% 3.91% 6.23% 2.38% 7.79%
Cumulative
Annualized
ytd as of 2017-10-31
  • C
1 yr 3 yr 5 yr 10 yr since inception
Global Allocation Fund (NAV)
13.19% 12.84% 5.83% 7.69% 3.22% 8.04%
Cumulative
Annualized
ytd as of 2017-10-31
  • C
1 yr 3 yr 5 yr 10 yr since inception
Global Allocation Fund (with sales charge)
6.68% 6.35% 3.76% 6.42% 2.61% 7.80%
Gross Expense Ratio: 1.36% | Net Expense Ratio: 1.30%

The performance data quoted represents past performance, which does not guarantee future results. The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Current performance and expense ratios may be lower or higher than the data quoted. Fund returns include changes in share price, reinvested distributions, and a 5.75% maximum sales charge where indicated. Returns do not consider capital gains or income taxes on an individual's investment.


Year Global Allocation Fund 60% MSCI ACWI/40% BBG Barc Gbl Agg Hdg
1992 8.53% -
1993 11.77% -
1994 1.13% -
1995 28.41% -
1996 17.95% -
1997 31.01% -
1998 28.18% -
1999 11.23% -
2000 7.94% -
2001 3.20% -
2002 -19.92% -
2003 30.56% -
2004 10.29% 13.04%
2005 2.76% 5.45%
2006 10.66% 15.01%
2007 -3.88% 10.43%
2008 -31.64% -24.35%
2009 32.72% 24.21%
2010 13.42% 10.98%
2011 -7.77% -0.82%
2012 10.17% 11.86%
2013 17.79% 12.87%
2014 0.10% 3.36%
2015 0.40% -1.70%
2016 4.75% 6.52%

The performance data quoted represents past performance, which does not guarantee future results. The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Current performance and expense ratios may be lower or higher than the data quoted. Fund returns include changes in share price, reinvested distributions, and a 5.75% maximum sales charge where indicated. Returns do not consider capital gains or income taxes on an individual's investment.


Date Global Allocation Fund 60% MSCI ACWI/40% Bloomberg Barclays Global Aggregate Bond Index Hedged USD BBG Barclays Agg S&P 500
10/31/2007 0.00 0.00 0.00 0.00
11/30/2007 -3.96 -1.89 1.80 -4.18
12/31/2007 -6.47 -2.58 2.08 -4.85
1/31/2008 -7.60 -6.19 3.80 -10.55
2/29/2008 -9.97 -5.74 3.94 -13.46
3/31/2008 -15.55 -5.80 4.30 -13.83
4/30/2008 -11.14 -3.24 4.08 -9.64
5/31/2008 -11.14 -2.61 3.32 -8.47
6/30/2008 -17.70 -7.45 3.23 -16.18
7/31/2008 -17.70 -8.68 3.15 -16.89
8/31/2008 -16.26 -9.99 4.13 -15.68
9/30/2008 -25.33 -17.25 2.73 -23.20
10/31/2008 -35.52 -27.85 0.30 -36.10
11/30/2008 -38.84 -29.70 3.57 -40.68
12/31/2008 -36.06 -26.30 7.43 -40.05
1/31/2009 -38.49 -30.82 6.49 -45.10
2/28/2009 -44.21 -35.40 6.08 -50.95
3/31/2009 -41.11 -31.44 7.56 -46.65
4/30/2009 -35.49 -26.34 8.07 -41.55
5/31/2009 -29.26 -21.19 8.86 -38.28
6/30/2009 -29.93 -21.20 9.48 -38.15
7/31/2009 -23.56 -16.41 11.24 -33.48
8/31/2009 -20.62 -13.99 12.39 -31.07
9/30/2009 -18.29 -10.92 13.57 -28.50
10/31/2009 -20.00 -11.63 14.14 -29.83
11/30/2009 -16.39 -8.46 15.61 -25.62
12/31/2009 -15.14 -8.46 13.80 -24.19
1/31/2010 -16.18 -10.57 15.54 -26.91
2/28/2010 -15.08 -9.62 15.97 -24.65
3/31/2010 -10.94 -6.38 15.83 -20.10
4/30/2010 -9.10 -6.01 17.04 -18.84
5/31/2010 -14.44 -11.65 18.02 -25.32
6/30/2010 -17.64 -12.89 19.87 -29.23
7/31/2010 -13.58 -7.62 21.15 -24.27
8/31/2010 -16.60 -9.11 22.71 -27.69
9/30/2010 -9.88 -3.18 22.84 -21.24
10/31/2010 -6.85 -0.61 23.28 -18.24
11/30/2010 -8.52 -2.98 22.57 -18.23
12/31/2010 -3.75 1.59 21.25 -12.76
1/31/2011 -3.81 2.72 21.39 -10.70
2/28/2011 -1.20 4.84 21.69 -7.64
3/31/2011 -1.09 5.07 21.76 -7.60
4/30/2011 2.27 8.75 23.31 -4.86
5/31/2011 0.96 7.54 24.92 -5.94
6/30/2011 -0.32 6.55 24.55 -7.51
7/31/2011 -0.70 6.27 26.53 -9.39
8/31/2011 -4.57 2.38 28.38 -14.31
9/30/2011 -13.02 -4.02 29.31 -20.34
10/31/2011 -7.20 2.71 29.45 -11.63
11/30/2011 -8.95 0.51 29.34 -11.82
12/31/2011 -11.23 0.76 30.76 -10.92
1/31/2012 -7.32 4.91 31.91 -6.93
2/29/2012 -4.43 8.02 31.88 -2.91
3/31/2012 -4.33 8.30 31.15 0.29
4/30/2012 -5.16 8.12 32.61 -0.34
5/31/2012 -10.81 2.04 33.81 -6.33
6/30/2012 -9.10 5.21 33.86 -2.47
7/31/2012 -9.10 6.55 35.71 -1.12
8/31/2012 -7.24 8.34 35.79 1.11
9/30/2012 -5.14 10.86 35.98 3.72
10/31/2012 -5.21 10.40 36.25 1.81
11/30/2012 -4.43 11.33 36.46 2.40
12/31/2012 -2.20 12.71 36.27 3.33
1/31/2013 1.62 15.50 35.32 8.68
2/28/2013 1.88 15.27 35.99 10.16
3/31/2013 3.12 16.57 36.10 14.29
4/30/2013 5.45 19.15 37.48 16.49
5/31/2013 5.97 17.79 35.03 19.22
6/30/2013 3.13 15.24 32.94 17.62
7/31/2013 7.10 19.10 33.12 23.60
8/31/2013 5.41 17.41 32.44 20.02
9/30/2013 10.40 21.96 33.69 23.79
10/31/2013 12.62 25.39 34.77 29.48
11/30/2013 13.66 26.15 34.27 33.42
12/31/2013 15.20 27.21 33.51 36.80
1/31/2014 12.62 24.82 35.48 32.07
2/28/2014 16.99 29.12 36.20 38.11
3/31/2014 15.69 29.45 35.97 39.27
4/30/2014 14.77 30.74 37.12 40.30
5/31/2014 15.96 32.75 38.68 43.60
6/30/2014 17.04 34.66 38.75 46.56
7/31/2014 14.65 33.19 38.40 44.54
8/31/2014 17.31 35.39 39.93 50.32
9/30/2014 14.36 31.37 38.98 48.22
10/31/2014 15.83 32.07 40.35 51.84
11/30/2014 16.89 33.29 41.34 55.92
12/31/2014 15.31 31.48 41.48 55.53
1/31/2015 14.98 30.43 44.44 50.86
2/28/2015 19.33 34.30 43.08 59.53
3/31/2015 19.39 32.72 43.75 57.00
4/30/2015 20.67 35.50 43.23 58.51
5/31/2015 22.34 34.52 42.89 60.55
6/30/2015 21.00 32.40 41.33 57.44
7/31/2015 21.47 33.24 42.31 60.74
8/31/2015 15.34 27.88 42.11 51.04
9/30/2015 13.12 25.39 43.07 47.30
10/31/2015 18.44 31.39 43.09 59.73
11/30/2015 18.17 30.78 42.72 60.21
12/31/2015 15.77 29.24 42.25 57.68
1/31/2016 12.44 25.29 44.21 49.85
2/29/2016 12.03 25.28 45.23 49.65
3/31/2016 16.66 31.23 46.57 59.80
4/30/2016 17.34 32.49 47.13 60.42
5/31/2016 17.14 32.83 47.17 63.30
6/30/2016 18.83 33.44 49.81 63.73
7/31/2016 22.05 37.20 50.76 69.76
8/31/2016 22.25 37.45 50.59 70.00
9/30/2016 23.44 37.97 50.50 70.03
10/31/2016 21.66 36.03 49.35 66.93
11/30/2016 19.67 35.76 45.81 73.11
12/31/2016 21.28 37.67 46.02 76.54
1/31/2017 23.60 39.71 46.31 79.88
2/28/2017 26.20 42.54 47.29 87.03
3/31/2017 27.77 43.57 47.21 87.25
4/30/2017 30.10 45.31 48.35 89.17
5/31/2017 33.05 47.58 49.49 91.83
6/30/2017 33.05 47.82 49.34 93.03
7/31/2017 35.02 50.49 49.98 97.00
8/31/2017 36.01 51.39 51.33 97.60
9/30/2017 36.15 52.86 50.61 101.68
10/31/2017 37.27 55.02 50.70 106.38
Date Dividends
12/10/2007 0.0814
3/10/2008 0.0622
6/9/2008 0.0641
9/23/2008 0.0817
12/8/2008 0.0763
3/17/2009 0.047
6/16/2009 0.0314
9/22/2009 0.0102
12/7/2009 0.0134
3/16/2010 0.0238
6/22/2010 0.0311
9/21/2010 0.0402
12/30/2010 0.1116
3/22/2011 0.0073
6/21/2011 0.0815
9/20/2011 0.0212
12/22/2011 0.3246
3/20/2012 0.0159
6/19/2012 0.0458
9/18/2012 0.0152
12/20/2012 0.076
3/19/2013 0.0104
6/18/2013 0.0632
9/17/2013 0.027
12/17/2013 0.2492
3/18/2014 0.0047
6/17/2014 0.0636
9/16/2014 0.0068
12/15/2014 0.1199
3/16/2015 0.0199
6/15/2015 0.0796
9/21/2015 0.0197
12/14/2015 0.1825
3/21/2016 0.0003
6/20/2016 0.0778
9/19/2016 0.0131
12/22/2016 0.484
3/20/2017 0.0031
6/19/2017 0.0191

There is no guarantee of the payment of any dividend or other distributions at any level.

The performance data quoted represents past performance, which does not guarantee future results. The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Current performance and expense ratios may be lower or higher than the data quoted. Fund returns include changes in share price, reinvested distributions, and a 5.75% maximum sales charge where indicated. Returns do not consider capital gains or income taxes on an individual's investment.

$ per share as of 11/24/2017

Date 2012 2013 2014 2015 2016
Short Term
Long Term
Total Amount of Distribution
Record Date
Ex Div Date
Pay Date

There is no guarantee of the payment of any dividend or other distributions at any level.

Portfolio

Top Holdings

(50.4% of assets as of 10/31/2017)


Portfolio Positioning

(101.3% of assets as of 10/31/2017)


International Equity International Fixed Income US Fixed Income US Equity Emerging Equity Alternatives FX Overlays
26.3% 25.4% 22.8% 22.3% 9.0% 6.6% -11.1%

Portfolio Holdings Breakdown

Country 6
Developed Markets 6
Emerging Markets 6
Equity Sector 6
Fixed Income Sector
Country Global Allocation Fund 60% MSCI ACWI/40% BBG Barc Gbl Agg Hdg Overweight / Underweight
United States 59.4% - -
Japan 13.3% - -
Germany 9.7% - -
France 5.4% - -
United Kingdom 2.3% - -
Russia 2.3% - -
India 2.2% - -
Taiwan 2.0% - -
Chile 1.8% - -
Poland 1.7% - -
Brazil 1.6% - -
Colombia 1.6% - -
Bermuda 1.5% - -
Netherlands 1.4% - -
Indonesia 1.3% - -
Malaysia 1.2% - -
Spain 1.2% - -
Canada 1.1% - -
South Korea 1.1% - -
Mexico 0.7% - -
Developed Markets Global Allocation Fund 60% MSCI ACWI/40% BBG Barc Gbl Agg Hdg Overweight / Underweight
Americas 62.2% - -
Europe 16.1% - -
Asia Pacific 13.5% - -
Supranational 0.6% - -
Middle East -0.3% - -
Emerging Markets Global Allocation Fund 60% MSCI ACWI/40% BBG Barc Gbl Agg Hdg Overweight / Underweight
Asia Pacific 8.3% - -
Americas 5.8% - -
Europe 4.5% - -
Multi 0.7% - -
Africa 0.6% - -
Middle East 0.1% - -
Equity Sector Global Allocation Fund 60% MSCI ACWI/40% BBG Barc Gbl Agg Hdg Overweight / Underweight
Information Technology 12.9% - -
Consumer Discretionary 9.7% - -
Industrials 8.9% - -
Financials 8.9% - -
Health Care 5.7% - -
Consumer Staples 5.5% - -
Energy 4.1% - -
Materials 2.8% - -
Telecommunication Services 2.1% - -
Utilities 0.9% - -
Real Estate 0.6% - -
Broad Market -1.9% - -
Fixed Income Sector Global Allocation Fund 60% MSCI ACWI/40% BBG Barc Gbl Agg Hdg Overweight / Underweight
Corporates 13.6% - -
Treasuries 13.5% - -
Catastrophe 4.2% - -
Sovereign 0.9% - -
Analytics
(As of 10/31/2017)

Morningstar 10/31/2017 (based on risk adjusted performance)
Overall Rating
Number of Funds
393
Category
World Allocation
Performance Statistics
3Y
5Y
Alpha
0.45
0.53
Beta
0.98
1.02
Information Ratio
0.14
0.26
R-Squared
87.25
86.21
Sharpe Ratio
0.82
1.06
Standard Deviation
6.74
6.99
Sortino Ratio
0.39
0.55
Tracking Error
2.41
2.60
Dividends
  • D
Est. Frequency
Quarterly
Last Pay Date
6/19/2017
Per Share ($)
$0.02
Net Income
100.00%
Net Profit from Sale
0.00%
Other Capital Sources
0.00%
12-Month Distribution ($)
$0.51
Portfolio Characteristics
Fund
Fund Index
Current Duration
2.60 yrs
2.70 yrs
Turnover Ratio
84.00%
-
Insights
Multi-Asset
GMAG Monthly: Taking Some Risk Off the Table

Signs of slowing global growth and high valuations prompted a downshift in portfolio risk.

July 27, 2017
Bw mark hamilton 620x349
Multi-Asset
GMAG Monthly: Further Reduction in U.S. Equity Exposure

A potential U.S. slowdown has prompted a further shift toward non-U.S. equities.

May 22, 2017
Multi-Asset
What Happened to the U.S. Dollar?

With prospects for fiscal expansion dimming, we've reduced our overweight dollar position.

May 30, 2017
Bw what investors need to know about the 2016 election 620x349
Multi-Asset
The Achilles Heel of U.S. Growth Momentum

The durability and strength of the recent U.S. economic upturn may be in question.

April 07, 2017
Multi-Asset
GMAG Monthly by Mark Hamilton

Get the GMAG's outlook across asset classes and see how they're managing their portfolios.

Bw gmag monthly by mark hamilton 620x349
Multi-Asset
GMAG Monthly: Evaluating Risk in the Credit Cycle

Growing risks to the aging credit cycle may threaten its longevity.

March 20, 2017
Multi-Asset
Portfolio Positioning Ahead of the European Elections

A busy election calendar in Europe may have consequences for asset allocation.

March 08, 2017
Bw global economy dont judge a stock infographic oppenheimerfunds overlay 620x349
Multi-Asset
Proposed Fiscal Policy May Favor U.S. Dollar

Policy divergence and corporate tax reform could provide tailwinds to the U.S. dollar.

February 01, 2017
Bw proposed fiscal policy may favor us dollar 620x349
Multi-Asset
Investing Through the Credit Cycle

Our macro framework may help improve investment performance throughout the credit cycle.

February 03, 2017
Bw investing through the credit cycle 620x349
Multi-Asset
Finding Where Opportunities Intersect

Asset allocation team brings together experts from diverse fields to find opportunities.

April 06, 2016
Bw finding where opportunities intersect 620x349
Multi-Asset
Global Multi-Asset Group: 2017 Outlook

We think the environment will favor equities, credit and the dollar in early 2017.

January 26, 2017
Bw gmag outlook 620x349
Documents
  1. 1. Because of changes to certain non-fundamental investment policies in connection with a change from a balanced strategy to a global allocation strategy, performance prior to 8/16/10 is not indicative of performance for any subsequent periods.
  2. 2. Special Risks: Foreign investments may be volatile and involve additional expenses and special risks, including currency fluctuations, foreign taxes, regulatory and geopolitical risks. Emerging and developing market investments may be especially volatile. Eurozone investments may be subject to volatility and liquidity issues. Investments in securities of growth companies may be volatile. Mid-sized company stock is typically more volatile than that of larger company stock. It may take a substantial period of time to realize a gain on an investment in a mid-sized company, if any gain is realized at all. Event-linked securities are fixed income securities, otherwise known as Cat Bonds, for which the return of principal and interest payment is contingent on the non-occurrence of a trigger event that leads to physical or economic loss. If the trigger event occurs prior to maturity, the Fund may lose all or a portion of its principal and additional interest. Value investing involves the risk that undervalued securities may not appreciate as anticipated. Fixed income investing entails credit and interest rate risks. When interest rates rise, bond prices generally fall, and the Fund’s share prices can fall. Below-investment-grade (“high yield” or “junk”) bonds are more at risk of default and are subject to liquidity risk. Derivative instruments entail higher volatility and risk of loss compared to traditional stock or bond investments. Commodity-linked investments are speculative and have substantial risks, including the loss of principal. The Fund may also invest through a wholly-owned Cayman Islands subsidiary, which involves the risk that changes to the laws of the Cayman Islands could negatively affect the Fund. Diversification does not guarantee profit or protect against loss.
  3. 3. The Manager has contractually agreed to waive expenses in an amount equal to the management fee it receives from its Subsidiary for so long as the Fund invests in the Subsidiary. This waiver may not be terminated without the prior approval of the Fund's Board of Trustees.
  4. 4. The net expense ratio (where applicable) also takes into account contractual fee waivers and/or expense reimbursements without which performance would have been less. These undertakings may not be amended or withdrawn for one year from the date of the current prospectus, unless approved by the Board.
  5. 5. Access index definitions.
  6. 6. Holdings are subject to change, and are dollar weighted based on total net assets. Negative weightings may result from the use of leverage. Leverage involves the use of various financial instruments or borrowed capital in an attempt to increase investment return. Leverage risks include potential for higher volatility, greater decline of the fund's net asset value and fluctuations of dividends and distributions paid by the fund.
  7. A. Daily net asset value and dollar change of the fund is as of the previous business day's closing. Fund net asset values are updated at approximately 7:00pm ET daily.
  8. B. The performance data quoted represents past performance, which does not guarantee future results. The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Current performance and expense ratios may be lower or higher than the data quoted. Fund returns include changes in share price, reinvested distributions, and a 5.75% maximum sales charge where indicated. Returns do not consider capital gains or income taxes on an individual's investment.
  9. C. "Year to Date" returns are cumulative, not annualized, and do not reflect sales charges (if sales charges are applicable to the Fund). These returns would be lower if sales charges were taken into consideration. Short-term returns may not be indicative of longer-term performance, which should also be considered when making investment decisions.
  10. D. There is no guarantee of the payment of any dividend or other distributions at any level.
×
Loading...
Tiny Button Small Button Large Button Default Button Secondary Button Framed Button Framed Button ( Small Caps )