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DOMESTIC EQUITY

Main Street Fund® 1 2 

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Focus: The Strategy typically invests in a diversified mix of larger U.S. company stocks.
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Management

Manind Govil, CFA
Senior Vice President and Portfolio Manager
Managed fund since 5/09
Benjamin Ram
Vice President and Portfolio Manager
Managed fund since 5/09
Paul Larson
Portfolio Manager
Managed fund since 2/14
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Strategy

The portfolio managers combine fundamental and quantitative research to identify competitively advantaged companies with strong value creation potential and a compelling risk/reward profile. 
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Commentary

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Title
Content Type
Date
Main Street Fund Commentary
Portfolio Commentary
04/16/2014
Special Risks: May invest no more than 10% in below-investment-grade non-convertible debt securities, but up to 25% in below-investment-grade ("high yield" or "junk") bonds, which are more at risk of default and are subject to liquidity risk. Foreign investments may be volatile and involve additional expenses and special risks, including currency fluctuations, foreign taxes and geopolitical risks. 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.
The Fund's investment objective changed from "seeks high total return" to "seeks capital appreciation" on 12/28/12.

Shares of Oppenheimer funds are not deposits or obligations of any bank, are not guaranteed by any bank, are not insured by the FDIC or any other agency, and involve investment risks, including the possible loss of the principal amount invested.

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.

Oppenheimer funds are distributed by OppenheimerFunds Distributor, Inc.
Two World Financial Center, 225 Liberty Street, New York, NY 10281-1008