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Data Deluge: A Structural Growth Story


  • Internet data traffic is growing, despite a challenging macroeconomic environment
  • Ubiquity of smartphones and tablets has made it even easier to access the Internet
  • International Growth Fund invests in high quality overseas firms positioned for long-term growth

Investors’ search for growth today has been an arduous one, mired down by macroeconomic uncertainties and volatility. As investors seek to generate growth, technology compa¬nies are attractive to a point, but they also display wide cyclicality. By investing in technology companies whose earnings are underpinned by structural growth, such as the undeniably growing data deluge, investors can access long-term growth potential with possibly less volatility.

Oppenheimer International Growth Fund seeks to provide access to stocks of high quality overseas companies that the Fund’s management believes are positioned for strong growth over the long term including firms that benefit from the data deluge.

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Foreign investments may be volatile and involve additional expenses and special risks, including currency fluctuations, foreign taxes and geopolitical risks. Emerging and developing market investments may be especially volatile. Due to the recent global economic crisis that caused financial difficulties for many European Union countries, Eurozone investments may be subject to volatility and liquidity issues. Investments in securities of growth companies may be volatile. Small and mid-sized company stock is typically more volatile than that of larger, more established businesses, as these stocks tend to be more sensitive to changes in earnings expectations. It may take a substantial period of time to realize a gain on an investment in a small or mid-sized company, if any gain is realized at all. Diversification does not guarantee profit or protect against loss.

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Before investing in any of the Oppenheimer funds, investors should carefully consider a fund's investment objectives, risks, charges and expenses. Fund prospectuses and summary prospectuses contain this and other information about the funds, and may be obtained by asking your financial advisor, visiting oppenheimerfunds.com, or calling 1.800.CALL OPP (225.5677). Read prospectuses and summary prospectuses carefully before investing.

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