Overview
The Strategy currently invests in four underlying products managed by the Oppenheimer Global and Emerging Markets Equity teams.
- Inception Date
- September 27, 2005
- Investment Style
- International Diversified
- Fund Index
- MSCI ACWI ex US
- CUSIP
- 68383C503
-
NAV
- A
- (as of 07/20/2018)
- $18.53
- Total Assets
- (as of 06/30/2018)
- $4.59 BN
- Gross Expense Ratio
- (as of 06/30/2018)
- 1.04%
- Net Expense Ratio
- (as of 06/30/2018)
- 0.99%
Performance
Average Annual Returns as of 06/30/2018
Average Annual Returns as of 06/30/2018
|
Cumulative
|
Annualized | |||||
|---|---|---|---|---|---|---|
ytd as of 2018-06-30
|
1 yr | 3 yr | 5 yr | 10 yr | since inception | |
| -0.70% | 10.76% | 8.08% | 8.36% | 6.33% | 7.23% | |
| -3.77% | 7.28% | 5.07% | 5.99% | 2.54% | - | |
|
Cumulative
|
Annualized | |||||
|---|---|---|---|---|---|---|
ytd as of 2018-06-30
|
1 yr | 3 yr | 5 yr | 10 yr | since inception | |
| -0.70% | 10.76% | 8.08% | 8.36% | 6.33% | 7.23% | |
| -3.77% | 7.28% | 5.07% | 5.99% | 2.54% | - | |
Gross Expense Ratio:
1.04%
| Net Expense Ratio:
0.99%
The performance data quoted represents past performance, which does not guarantee future results. The investment return and principal value of an investments in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the originals cost. Current performance and expense ratios may be lower or higher than the data quoted. Fund returns include changes in share price and reinvested distributions. Class Y shares are not subject to a sales charge. Returns do not consider capital gains or income taxes on an individual's investment.
Calendar Year Returns as of 06/30/2018
| Year | International Diversified Fund | MSCI ACWI ex US |
|---|---|---|
| 2006 | 26.46% | 26.65% |
| 2007 | 12.69% | 16.65% |
| 2008 | -43.71% | -45.53% |
| 2009 | 50.11% | 41.45% |
| 2010 | 18.16% | 11.15% |
| 2011 | -14.93% | -13.71% |
| 2012 | 21.05% | 16.83% |
| 2013 | 24.72% | 15.29% |
| 2014 | -5.98% | -3.87% |
| 2015 | 0.93% | -5.66% |
| 2016 | 0.86% | 4.50% |
| 2017 | 32.76% | 27.19% |
The performance data quoted represents past performance, which does not guarantee future results. The investment return and principal value of an investments in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the originals cost. Current performance and expense ratios may be lower or higher than the data quoted. Fund returns include changes in share price and reinvested distributions. Class Y shares are not subject to a sales charge. Returns do not consider capital gains or income taxes on an individual's investment.
Cumulative Returns & Income Dividends
| Date | International Diversified Fund | MSCI ACWI ex-US | MSCI World | S&P 500 |
|---|---|---|---|---|
| 6/30/2008 | 0.00 | 0.00 | 0.00 | 0.00 |
| 7/31/2008 | -4.10 | -3.60 | -2.44 | -0.84 |
| 8/31/2008 | -7.19 | -8.11 | -3.81 | 0.59 |
| 9/30/2008 | -20.90 | -21.91 | -15.25 | -8.37 |
| 10/31/2008 | -37.29 | -39.11 | -31.32 | -23.76 |
| 11/30/2008 | -40.47 | -42.63 | -35.77 | -29.23 |
| 12/31/2008 | -35.79 | -39.36 | -33.71 | -28.48 |
| 1/31/2009 | -40.92 | -44.72 | -39.51 | -34.51 |
| 2/28/2009 | -44.73 | -49.88 | -45.71 | -41.48 |
| 3/31/2009 | -40.66 | -45.86 | -41.61 | -36.35 |
| 4/30/2009 | -32.95 | -38.48 | -35.06 | -30.26 |
| 5/31/2009 | -22.59 | -30.15 | -29.18 | -26.36 |
| 6/30/2009 | -21.79 | -30.92 | -29.50 | -26.21 |
| 7/31/2009 | -14.88 | -24.16 | -23.53 | -20.63 |
| 8/31/2009 | -12.05 | -21.36 | -20.37 | -17.77 |
| 9/30/2009 | -7.00 | -17.32 | -17.20 | -14.70 |
| 10/31/2009 | -8.68 | -18.34 | -18.67 | -16.28 |
| 11/30/2009 | -6.29 | -16.00 | -15.35 | -11.26 |
| 12/31/2009 | -4.03 | -14.23 | -13.83 | -9.55 |
| 1/31/2010 | -7.01 | -18.42 | -17.39 | -12.80 |
| 2/28/2010 | -7.11 | -18.42 | -16.22 | -10.10 |
| 3/31/2010 | -0.69 | -12.87 | -11.04 | -4.68 |
| 4/30/2010 | -0.24 | -13.64 | -11.02 | -3.17 |
| 5/31/2010 | -10.27 | -22.73 | -19.55 | -10.90 |
| 6/30/2010 | -10.45 | -23.72 | -22.30 | -15.57 |
| 7/31/2010 | -2.68 | -16.83 | -16.00 | -9.65 |
| 8/31/2010 | -5.48 | -19.11 | -19.14 | -13.73 |
| 9/30/2010 | 4.19 | -11.07 | -11.60 | -6.03 |
| 10/31/2010 | 8.80 | -8.04 | -8.31 | -2.46 |
| 11/30/2010 | 4.19 | -11.59 | -10.29 | -2.44 |
| 12/31/2010 | 13.03 | -4.66 | -3.69 | 4.08 |
| 1/31/2011 | 12.47 | -3.72 | -1.51 | 6.54 |
| 2/28/2011 | 14.78 | -1.19 | 1.93 | 10.19 |
| 3/31/2011 | 13.86 | -1.42 | 0.93 | 10.24 |
| 4/30/2011 | 20.03 | 3.40 | 5.22 | 13.50 |
| 5/31/2011 | 17.63 | 0.42 | 3.03 | 12.22 |
| 6/30/2011 | 15.70 | -1.04 | 1.40 | 10.35 |
| 7/31/2011 | 13.49 | -2.39 | -0.43 | 8.10 |
| 8/31/2011 | 6.21 | -10.75 | -7.45 | 2.23 |
| 9/30/2011 | -5.49 | -20.68 | -15.44 | -4.96 |
| 10/31/2011 | 2.16 | -12.33 | -6.70 | 5.43 |
| 11/30/2011 | -1.25 | -16.80 | -8.97 | 5.20 |
| 12/31/2011 | -4.05 | -17.73 | -9.03 | 6.27 |
| 1/31/2012 | 1.34 | -12.15 | -4.46 | 11.04 |
| 2/29/2012 | 6.53 | -7.21 | 0.21 | 15.84 |
| 3/31/2012 | 7.29 | -8.49 | 1.50 | 19.65 |
| 4/30/2012 | 6.72 | -9.93 | 0.34 | 18.90 |
| 5/31/2012 | -3.67 | -20.16 | -8.32 | 11.75 |
| 6/30/2012 | 0.96 | -15.45 | -3.65 | 16.36 |
| 7/31/2012 | 1.81 | -14.26 | -2.41 | 17.97 |
| 8/31/2012 | 5.11 | -12.46 | 0.07 | 20.63 |
| 9/30/2012 | 9.18 | -9.19 | 2.81 | 23.75 |
| 10/31/2012 | 10.69 | -8.84 | 2.12 | 21.46 |
| 11/30/2012 | 12.39 | -7.10 | 3.43 | 22.17 |
| 12/31/2012 | 15.90 | -3.88 | 5.37 | 23.28 |
| 1/31/2013 | 20.51 | 0.02 | 10.74 | 29.67 |
| 2/28/2013 | 20.90 | -1.04 | 10.92 | 31.43 |
| 3/31/2013 | 22.34 | -0.84 | 13.52 | 36.36 |
| 4/30/2013 | 25.99 | 2.81 | 17.10 | 38.98 |
| 5/31/2013 | 24.55 | 0.43 | 17.14 | 42.24 |
| 6/30/2013 | 21.95 | -3.93 | 14.25 | 40.33 |
| 7/31/2013 | 28.30 | 0.28 | 20.27 | 47.47 |
| 8/31/2013 | 26.28 | -1.10 | 17.71 | 43.19 |
| 9/30/2013 | 35.12 | 5.77 | 23.60 | 47.69 |
| 10/31/2013 | 38.77 | 9.65 | 28.43 | 54.47 |
| 11/30/2013 | 40.50 | 9.84 | 30.72 | 59.18 |
| 12/31/2013 | 44.21 | 10.81 | 33.48 | 63.21 |
| 1/31/2014 | 36.65 | 5.77 | 28.54 | 57.57 |
| 2/28/2014 | 44.01 | 11.09 | 34.97 | 64.78 |
| 3/31/2014 | 43.04 | 11.37 | 35.17 | 66.16 |
| 4/30/2014 | 42.66 | 12.84 | 36.55 | 67.39 |
| 5/31/2014 | 45.56 | 15.04 | 39.24 | 71.32 |
| 6/30/2014 | 47.50 | 16.97 | 41.73 | 74.86 |
| 7/31/2014 | 43.33 | 15.81 | 39.47 | 72.45 |
| 8/31/2014 | 44.88 | 16.45 | 42.54 | 79.34 |
| 9/30/2014 | 37.81 | 10.81 | 38.67 | 76.83 |
| 10/31/2014 | 38.49 | 9.72 | 39.57 | 81.15 |
| 11/30/2014 | 40.04 | 10.51 | 42.37 | 86.02 |
| 12/31/2014 | 35.18 | 6.52 | 40.07 | 85.55 |
| 1/31/2015 | 35.38 | 6.37 | 37.53 | 79.98 |
| 2/28/2015 | 41.62 | 12.05 | 45.59 | 90.33 |
| 3/31/2015 | 40.06 | 10.24 | 43.31 | 87.32 |
| 4/30/2015 | 45.81 | 15.81 | 46.67 | 89.11 |
| 5/31/2015 | 46.49 | 14.00 | 47.18 | 91.54 |
| 6/30/2015 | 43.47 | 10.82 | 43.76 | 87.84 |
| 7/31/2015 | 43.96 | 10.51 | 46.34 | 91.77 |
| 8/31/2015 | 34.02 | 2.07 | 36.65 | 80.20 |
| 9/30/2015 | 30.21 | -2.66 | 31.61 | 75.74 |
| 10/31/2015 | 38.60 | 4.58 | 42.04 | 90.57 |
| 11/30/2015 | 38.21 | 2.42 | 41.34 | 91.13 |
| 12/31/2015 | 36.08 | 0.49 | 38.85 | 88.12 |
| 1/31/2016 | 29.20 | -6.34 | 30.54 | 78.78 |
| 2/29/2016 | 27.72 | -7.41 | 29.57 | 78.54 |
| 3/31/2016 | 36.97 | 0.11 | 38.37 | 90.66 |
| 4/30/2016 | 37.86 | 2.75 | 40.56 | 91.39 |
| 5/31/2016 | 38.35 | 1.02 | 41.34 | 94.83 |
| 6/30/2016 | 35.40 | -0.53 | 39.76 | 95.34 |
| 7/31/2016 | 41.99 | 4.39 | 45.67 | 102.54 |
| 8/31/2016 | 42.58 | 5.05 | 45.79 | 102.82 |
| 9/30/2016 | 45.24 | 6.34 | 46.56 | 102.86 |
| 10/31/2016 | 40.91 | 4.82 | 43.72 | 99.16 |
| 11/30/2016 | 35.99 | 2.39 | 45.79 | 106.54 |
| 12/31/2016 | 36.94 | 5.01 | 49.28 | 110.62 |
| 1/31/2017 | 42.28 | 8.73 | 52.88 | 114.61 |
| 2/28/2017 | 44.25 | 10.46 | 57.12 | 123.14 |
| 3/31/2017 | 49.59 | 13.26 | 58.80 | 123.40 |
| 4/30/2017 | 55.62 | 15.69 | 61.15 | 125.69 |
| 5/31/2017 | 62.24 | 19.44 | 64.56 | 128.87 |
| 6/30/2017 | 62.73 | 19.81 | 65.19 | 130.29 |
| 7/31/2017 | 68.36 | 24.23 | 69.14 | 135.03 |
| 8/31/2017 | 70.34 | 24.88 | 69.38 | 135.75 |
| 9/30/2017 | 73.20 | 27.20 | 73.18 | 140.61 |
| 10/31/2017 | 77.06 | 29.59 | 76.46 | 146.23 |
| 11/30/2017 | 78.34 | 30.64 | 80.28 | 153.78 |
| 12/31/2017 | 81.32 | 33.56 | 82.72 | 156.60 |
| 1/31/2018 | 92.72 | 41.00 | 92.37 | 171.29 |
| 2/28/2018 | 84.29 | 34.35 | 84.40 | 161.29 |
| 3/31/2018 | 83.00 | 31.99 | 80.38 | 154.65 |
| 4/30/2018 | 83.20 | 34.09 | 82.45 | 155.63 |
| 5/31/2018 | 84.39 | 31.00 | 83.59 | 161.79 |
| 6/30/2018 | 79.83 | 28.53 | 83.51 | 163.40 |
The performance data quoted represents past performance, which does not guarantee future results. The investment return and principal value of an investments in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the originals cost. Current performance and expense ratios may be lower or higher than the data quoted. Fund returns include changes in share price and reinvested distributions. Class Y shares are not subject to a sales charge. Returns do not consider capital gains or income taxes on an individual's investment.
Capital Gains and Distributions ($ per share) as of 07/22/2018
| Date | 2013 | 2014 | 2015 | 2016 | 2017 |
|---|---|---|---|---|---|
| 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
(19.0% of assets as of 06/30/2018)
International Equity
CLASS Y: OIDYX
Portfolio Holdings Breakdown
as of
06/30/2018
| Country | International Diversified Fund | MSCI ACWI ex US | Overweight / Underweight |
|---|---|---|---|
| Japan | 13.5% | 16.4% | -2.9% |
| United Kingdom | 10.1% | 12.4% | -2.2% |
| China | 9.9% | 8.2% | 1.7% |
| France | 9.7% | 7.5% | 2.2% |
| Germany | 8.1% | 6.5% | 1.6% |
| Switzerland | 5.0% | 5.4% | -0.4% |
| United States | 4.1% | - | - |
| India | 4.0% | 2.2% | 1.8% |
| South Korea | 4.0% | 3.6% | 0.3% |
| Hong Kong | 2.5% | 2.5% | 0.0% |
| Netherlands | 2.5% | 2.5% | 0.0% |
| Canada | 2.2% | 6.6% | -4.4% |
| Denmark | 2.2% | 1.1% | 1.1% |
| Brazil | 1.6% | 1.5% | 0.1% |
| Spain | 1.6% | 2.1% | -0.5% |
| Russia | 1.6% | 0.9% | 0.7% |
| Taiwan | 1.4% | 2.9% | -1.5% |
| Israel | 1.1% | 0.4% | 0.7% |
| Mexico | 1.1% | 0.7% | 0.4% |
| Finland | 1.1% | 0.7% | 0.4% |
| Developed Markets | International Diversified Fund | MSCI ACWI ex US | Overweight / Underweight |
|---|---|---|---|
| Europe | 42.9% | 43.5% | -0.7% |
| Asia Pacific | 17.3% | 24.5% | -7.3% |
| Americas | 6.3% | 6.6% | -0.3% |
| Middle East | 1.1% | 0.4% | 0.7% |
| Emerging Markets | International Diversified Fund | MSCI ACWI ex US | Overweight / Underweight |
|---|---|---|---|
| Asia Pacific | 20.9% | 18.8% | 2.2% |
| Americas | 3.2% | 2.7% | 0.5% |
| Europe | 1.9% | 1.5% | 0.3% |
| Africa | 0.9% | 1.6% | -0.7% |
| Middle East | 0.4% | 0.4% | 0.1% |
| Equity Sector | International Diversified Fund | MSCI ACWI ex US | Overweight / Underweight |
|---|---|---|---|
| Information Technology | 22.2% | 11.9% | 10.3% |
| Consumer Discretionary | 17.2% | 11.2% | 5.9% |
| Industrials | 13.3% | 11.6% | 1.6% |
| Health Care | 12.1% | 8.1% | 3.9% |
| Financials | 9.8% | 21.9% | -12.1% |
| Consumer Staples | 9.5% | 9.7% | -0.1% |
| Materials | 5.7% | 8.2% | -2.5% |
| Energy | 3.0% | 7.4% | -4.4% |
| Telecommunication Services | 1.3% | 3.7% | -2.4% |
| Real Estate | 0.7% | 3.2% | -2.5% |
| Asset Allocation | International Diversified Fund | MSCI ACWI ex US | Overweight / Underweight |
|---|---|---|---|
| Equity | 94.8% | 100.0% | -5.2% |
Analytics
Morningstar
06/30/2018
(based on risk adjusted performance)
Overall Rating
Number of Funds
344
Category
Foreign Large Growth
Analyst Rating
(as of 6/26/18)
Bronze
Performance Statistics
3Y
5Y
Alpha
3.36
2.74
Beta
0.88
0.90
Information Ratio
0.75
0.63
R-Squared
89.22
89.64
Sharpe Ratio
0.68
0.74
Standard Deviation
11.30
11.11
Upside Capture
97.20
98.17
Downside Capture
76.82
80.87
Sortino Ratio
0.33
0.36
Win Ratio
53.00
55.00
Loss Ratio
47.00
45.00
Margin of Outperformance
1.08
0.94
Margin of Underperformance
-0.73
-0.75
Tracking Error
4.00
3.75
Dividends
- D
Est. Frequency
Annual
Last Pay Date
12/20/2017
Per Share ($)
$0.1207
12-Month Distribution ($)
$0.1207
Portfolio Characteristics
Fund
Fund Index
Average Market Cap (weighted)
$51.69 B
$63.24 B
Median Market Cap (weighted)
$15.29 B
$33.16 B
P/E Ratio (LTM)
22.44
16.27
P/E Ratio (NTM)
18.15
13.43
Price/Book
2.84
1.83
Debt to Capital Ratio
31.70
39.79
Turnover Ratio
30%
-
Distribution Sources
- D
Net Income
100.00%
Net Profit from Sale
0.00%
Other Capital Sources
0.00%
Insights
Tools
Documents
- 1. In managing the portfolio, the Manager will have the authority to select and substitute certain underlying Oppenheimer funds, as designated in the prospectus, and may be subject to potential conflicts of interest because the fees paid to it by some underlying funds are higher than the fees paid by others. However, the Manager is obligated to act in each portfolio's best interests when selecting underlying funds. Each of the underlying funds in which the portfolio invests has its own investment risks, and those risks can affect the value of each portfolio's shares and investment. In addition, there is no guarantee that the underlying funds will achieve their investment objectives. The underlying funds may change their investment objectives or policies without the approval of the portfolio, and a portfolio may be forced to sell its shares of underlying funds at a disadvantageous time.
- 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. Investments in securities of growth companies may be volatile. Value investing involves the risk that undervalued securities may not appreciate as anticipated. 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. While the Fund may be appropriate for a portion of a retirement plan investment, it is not a complete investment program. Portfolio managers will have the authority to select and substitute certain underlying Oppenheimer funds, as designated in the prospectus, and may be subject to potential conflicts of interest because the fees paid to it by some underlying funds are higher than the fees paid by others. However, the managers are fiduciaries to each portfolio and are obligated to act in its best interests when selecting funds. Each of the funds in which the portfolios invest has its own investment risks, and those risks can affect the value of each portfolio's share and investments. There is no guarantee that the underlying funds will achieve their investment objectives. The underlying funds may change their investment objectives or policies without the approval of the portfolio, and a portfolio may be forced to sell its shares of the underlying funds at a disadvantageous time. Diversification does not guarantee profit or protect against loss.
- 3. 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.
- 4. Access index definitions.
- 5. 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.
- 6. The Morningstar Analyst Rating is not a credit or risk rating but a subjective evaluation performed by the analysts of Morningstar, Inc. (Mstar). Mstar evaluates funds based on five key pillars (process, performance, people, parent and price). Mstar's analysts use this evaluation to identify funds they believe are more likely to outperform over the long term on a risk-adjusted basis. Analysts consider quantitative and qualitative factors and the weightings of each pillar may vary. The Analyst Rating reflects overall assessment and is overseen by Morningstar's Analyst Rating Committee. The analyst rating scale is five-tiered, with three positive ratings (Gold, Silver, Bronze), a Neutral rating and a Negative rating, with Gold being the highest rating and Negative being the lowest rating. The Mstar Analyst Ratings should not be used as the sole basis in evaluating a mutual fund and are based on Mstar's current expectations about future events. Mstar does not represent ratings as a guarantee. Analyst Ratings involve unknown risks and uncertainties which may cause Mstar's expectations not to occur or to differ significantly.
- 7. Class I shares are only offered to eligible institutional investors that make a minimum initial investment of $1 million or more and to retirement plan service provider platforms. The minimum account balance for class I shares is $2.5 million. Class I shares are sold at net asset value without a sales charge. Please see Fund prospectuses for additional information.
- 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. ↩
- 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. ↩
- 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. ↩
- D. There is no guarantee of the payment of any dividend or other distributions at any level. ↩
- E. 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 and reinvested distributions and a 1% contingent deferred sales charge for the first year where indicated. Class C shares are subject to a 0.75% annual asset-backed sales charge. Returns do not consider capital gains or income taxes on an individual's investment. ↩
- F. The performance data quoted represents past performance, which does not guarantee future results. The investments 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 and reinvested distributions. Class I shares are not subject to a sales charge. Returns do not consider capital gains or income taxes on an individual's investment. ↩
- G. The performance data quoted represents past performance, which does not guarantee future results. The investment return and principal value of an investments in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the originals cost. Current performance and expense ratios may be lower or higher than the data quoted. Fund returns include changes in share price and reinvested distributions. Class Y shares are not subject to a sales charge. Returns do not consider capital gains or income taxes on an individual's investment. ↩