QGRYX

Global Allocation Fund

1

^A

2

Overview

The strategy seeks to achieve attractive total returns without taking undue risk by dynamically allocating across a variety of asset classes with a short-to-medium term horizon.

Inception Date: May 1, 2000

Investment Style: Global Allocation

Fund Index: 60% MSCI ACWI/40% BBG Barc Gbl Agg Hdg

CUSIP: 68380E833

NAV: (as of 04/18/2019); $17.65

Total Assets: (as of 03/31/2019); $1.41 BN

Gross Expense Ratio: (as of 03/31/2019); 1.10%

Net Expense Ratio

(as of 03/31/2019)

1.04%

Performance

Average Annual Total Returns

Cumulative Returns

Calendar Year Returns

Capital Gains Distributions

Multi Asset

Global Allocation Fund

CLASS Y: QGRYX

Average Annual Returns as of 03/31/2019

as of 03/31/2019

Sales charges are not applicable to Y & I Share Classes.

	Cumulative		Annualized
	ytd as of 2019-03-31 ^E	1 yr	3 yr	5 yr	10 yr	since inception
Global Allocation Fund (NAV) As of Quarter end 03/31/2019	7.76%	-1.64%	5.34%	3.46%	9.03%	4.21%
60% MSCI ACWI/40% BBG Barc Gbl Agg Hdg 5 As of Quarter end 03/31/2019	8.45%	3.72%	7.61%	4.79%	9.08%	-

	Cumulative		Annualized
	ytd as of 2019-03-31 ^E	1 yr	3 yr	5 yr	10 yr	since inception
Global Allocation Fund (NAV) As of month end 03/31/2019	7.76%	-1.64%	5.34%	3.46%	9.03%	4.21%
60% MSCI ACWI/40% BBG Barc Gbl Agg Hdg 5 As of month end 03/31/2019	8.45%	3.72%	7.61%	4.79%	9.08%	-

Gross Expense Ratio: 1.10% | Net Expense Ratio: 1.04%

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 03/31/2019

as of 03/31/2019

View Table Graph Print

Year	Global Allocation Fund	60% MSCI ACWI/40% BBG Barc Gbl Agg Hdg 5 6 7
2001	3.73%	-
2002	-19.51%	-
2003	30.96%	-
2004	10.62%	13.04%
2005	3.15%	5.45%
2006	10.94%	15.01%
2007	-3.62%	10.43%
2008	-31.34%	-24.35%
2009	33.34%	24.21%
2010	13.83%	10.98%
2011	-7.45%	-0.82%
2012	10.50%	11.86%
2013	18.25%	12.87%
2014	0.38%	3.36%
2015	0.60%	-1.70%
2016	5.02%	6.52%
2017	15.11%	15.19%
2018	-9.46%	-4.91%

Cumulative Returns & Income Dividends

View Table Graph Print

Time Period

YTD

10Y

15Y

INCEPTION

Date	Global Allocation Fund	60% MSCI ACWI/40% Bloomberg Barclays Global Aggregate Bond Index Hedged USD 5 6 7	BBG Barclays Agg 5 6 7	S&P 500 5 6 7
3/31/2009	0.00	0.00	0.00	0.00
4/30/2009	9.54	7.44	0.48	9.57
5/31/2009	20.12	14.95	1.21	15.70
6/30/2009	19.00	14.93	1.78	15.93
7/31/2009	29.82	21.93	3.42	24.70
8/31/2009	34.81	25.45	4.50	29.20
9/30/2009	38.76	29.92	5.59	34.02
10/31/2009	35.85	28.90	6.11	31.53
11/30/2009	41.99	33.51	7.49	39.42
12/31/2009	44.11	33.51	5.81	42.11
1/31/2010	42.34	30.43	7.42	37.00
2/28/2010	44.21	31.82	7.83	41.25
3/31/2010	51.24	36.55	7.69	49.77
4/30/2010	54.37	37.09	8.81	52.13
5/31/2010	45.29	28.86	9.73	39.99
6/30/2010	39.86	27.05	11.45	32.66
7/31/2010	46.76	34.74	12.64	41.95
8/31/2010	41.64	32.57	14.09	35.54
9/30/2010	53.05	41.22	14.21	47.64
10/31/2010	58.19	44.97	14.62	53.26
11/30/2010	55.35	41.50	13.96	53.28
12/31/2010	63.45	48.18	12.73	63.52
1/31/2011	63.34	49.83	12.86	67.40
2/28/2011	67.78	52.92	13.14	73.13
3/31/2011	67.97	53.25	13.21	73.20
4/30/2011	73.67	58.62	14.64	78.33
5/31/2011	71.45	56.85	16.14	76.31
6/30/2011	69.27	55.41	15.80	73.37
7/31/2011	68.64	55.00	17.64	69.85
8/31/2011	62.05	49.32	19.36	60.62
9/30/2011	47.70	39.99	20.22	49.33
10/31/2011	57.60	49.80	20.35	65.65
11/30/2011	54.62	46.60	20.25	65.28
12/31/2011	50.75	46.96	21.57	66.97
1/31/2012	57.39	53.02	22.64	74.46
2/29/2012	62.29	57.56	22.61	82.00
3/31/2012	62.47	57.96	21.94	87.99
4/30/2012	61.05	57.70	23.29	86.81
5/31/2012	51.45	48.83	24.40	75.58
6/30/2012	54.36	53.46	24.45	82.82
7/31/2012	54.36	55.42	26.17	85.36
8/31/2012	57.53	58.01	26.25	89.53
9/30/2012	61.08	61.70	26.43	94.43
10/31/2012	60.97	61.03	26.67	90.84
11/30/2012	62.29	62.38	26.87	91.95
12/31/2012	66.08	64.39	26.69	93.70
1/31/2013	72.57	68.46	25.81	103.73
2/28/2013	73.01	68.13	26.44	106.49
3/31/2013	75.11	70.03	26.54	114.24
4/30/2013	79.07	73.79	27.82	118.37
5/31/2013	79.95	71.80	25.54	123.47
6/30/2013	75.13	68.08	23.60	120.47
7/31/2013	81.87	73.72	23.77	131.69
8/31/2013	79.00	71.24	23.13	124.98
9/30/2013	87.48	77.89	24.30	132.04
10/31/2013	91.25	82.89	25.30	142.70
11/30/2013	93.02	83.99	24.84	150.10
12/31/2013	95.63	85.55	24.13	156.43
1/31/2014	91.24	82.05	25.96	147.56
2/28/2014	98.66	88.33	26.63	158.89
3/31/2014	96.47	88.81	26.42	161.07
4/30/2014	94.89	90.69	27.48	162.99
5/31/2014	96.92	93.63	28.94	169.17
6/30/2014	98.76	96.41	29.00	174.73
7/31/2014	94.70	94.26	28.68	170.94
8/31/2014	99.21	97.47	30.10	181.78
9/30/2014	94.21	91.61	29.22	177.83
10/31/2014	96.69	92.64	30.49	184.61
11/30/2014	98.50	94.41	31.41	192.27
12/31/2014	95.82	91.78	31.53	191.53
1/31/2015	95.25	90.24	34.29	182.78
2/28/2015	102.64	95.88	33.03	199.03
3/31/2015	102.75	93.58	33.65	194.30
4/30/2015	104.91	97.64	33.17	197.13
5/31/2015	107.75	96.21	32.85	200.95
6/30/2015	105.47	93.11	31.40	195.12
7/31/2015	106.27	94.34	32.31	201.30
8/31/2015	95.87	86.52	32.12	183.13
9/30/2015	92.09	82.88	33.02	176.12
10/31/2015	101.13	91.65	33.04	199.41
11/30/2015	100.67	90.74	32.69	200.30
12/31/2015	96.60	88.51	32.26	195.57
1/31/2016	90.94	82.74	34.08	180.90
2/29/2016	90.24	82.73	35.03	180.52
3/31/2016	98.11	91.41	36.27	199.55
4/30/2016	99.27	93.25	36.79	200.71
5/31/2016	98.92	93.74	36.83	206.11
6/30/2016	101.79	94.63	39.28	206.90
7/31/2016	107.25	100.12	40.17	218.22
8/31/2016	107.60	100.49	40.01	218.67
9/30/2016	109.62	101.24	39.92	218.73
10/31/2016	106.59	98.41	38.85	212.91
11/30/2016	103.22	98.01	35.57	224.50
12/31/2016	105.95	100.79	35.76	230.92
1/31/2017	109.89	103.78	36.03	237.19
2/28/2017	114.31	107.91	36.94	250.58
3/31/2017	116.98	109.40	36.87	250.99
4/30/2017	120.93	111.94	37.92	254.59
5/31/2017	125.95	115.25	38.99	259.58
6/30/2017	125.93	115.60	38.85	261.83
7/31/2017	129.29	119.49	39.44	269.27
8/31/2017	130.96	120.81	40.69	270.40
9/30/2017	131.20	122.95	40.02	278.04
10/31/2017	133.11	126.10	40.11	286.86
11/30/2017	134.43	128.87	39.93	298.73
12/31/2017	136.50	131.29	40.57	303.16
1/31/2018	144.75	138.36	38.95	326.24
2/28/2018	136.98	132.17	37.63	310.53
3/31/2018	134.46	129.98	38.51	300.10
4/30/2018	133.50	130.98	37.48	301.63
5/31/2018	135.42	131.52	38.47	311.31
6/30/2018	133.38	130.96	38.30	313.84
7/31/2018	136.14	135.15	38.33	329.24
8/31/2018	136.38	136.57	39.22	343.23
9/30/2018	133.86	136.83	38.32	345.75
10/31/2018	121.18	125.92	37.23	315.28
11/30/2018	122.49	128.39	38.05	323.74
12/31/2018	113.52	119.94	40.58	285.48
1/31/2019	124.28	131.23	42.08	316.37
2/28/2019	126.77	135.05	41.99	329.74
3/31/2019	129.92	138.54	44.72	338.09

Date	Dividends
6/16/2009	0.0442
9/22/2009	0.0341
12/7/2009	0.0304
3/16/2010	0.0338
6/22/2010	0.0431
9/21/2010	0.0539
12/30/2010	0.1272
3/22/2011	0.0181
6/21/2011	0.095
9/20/2011	0.0321
12/22/2011	0.3413
3/20/2012	0.0269
6/19/2012	0.0591
9/18/2012	0.0285
12/20/2012	0.0909
3/19/2013	0.0233
6/18/2013	0.0789
9/17/2013	0.042
12/17/2013	0.2668
3/18/2014	0.0161
6/17/2014	0.076
9/16/2014	0.0186
12/15/2014	0.133
3/16/2015	0.0289
6/15/2015	0.0911
9/21/2015	0.0322
12/14/2015	0.1948
3/21/2016	0.0098
6/20/2016	0.0858
9/19/2016	0.0249
12/22/2016	0.4976
3/20/2017	0.0127
6/19/2017	0.0316
12/21/2017	0.0317
12/20/2018	0.4294

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

Capital Gains and Distributions ($ per share) as of 04/22/2019

$ per share as of 04/22/2019

Date	2014	2015	2016	2017	2018
Short Term	—	—	—	—	0.0147
Long Term	—	—	—	—	1.1539
Total Amount of Distribution	—	—	—	—	1.1686
Record Date	—	—	—	—	12/19/18
Ex Div Date	—	—	—	—	12/20/18
Pay Date	—	—	—	—	12/20/18

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

Portfolio

Top Holdings

8

(69.4% of assets as of 03/31/2019)

Portfolio Positioning

8

(80.8% of assets as of 03/31/2019)

International Fixed Income	US Equity	US Fixed Income	Alternatives	International Equity	Emerging Equity	FX Overlays
31.2%	27.2%	15.4%	11.7%	10.0%	5.4%	-20.1%

Multi Asset

Global Allocation Fund

CLASS Y: QGRYX

Portfolio Holdings Breakdown as of 03/31/2019

Portfolio Holdings Breakdown

8

Country

Developed Markets

Emerging Markets

Equity Sector

Fixed Income Sector

Country	Global Allocation Fund	60% MSCI ACWI/40% BBG Barc Gbl Agg Hdg 5	Overweight / Underweight
United States	47.5%	-	-
United Kingdom	11.0%	-	-
Japan	8.4%	-	-
France	7.8%	-	-
Sweden	4.3%	-	-
Bermuda	3.7%	-	-
China	3.2%	-	-
Spain	1.8%	-	-
Switzerland	1.5%	-	-
Italy	1.5%	-	-
Netherlands	1.5%	-	-
Taiwan	1.0%	-	-
Hong Kong	0.9%	-	-
Mexico	0.9%	-	-
Supranational (non-iso)	0.7%	-	-
Brazil	0.7%	-	-
South Africa	0.6%	-	-
India	0.6%	-	-
Belgium	0.5%	-	-
Cayman Islands	0.5%	-	-

Developed Markets	Global Allocation Fund	60% MSCI ACWI/40% BBG Barc Gbl Agg Hdg 5	Overweight / Underweight
Americas	50.1%	-	-
Europe	18.4%	-	-
Asia Pacific	6.7%	-	-
Supranational	0.7%	-	-
Middle East	0.1%	-	-

Emerging Markets	Global Allocation Fund	60% MSCI ACWI/40% BBG Barc Gbl Agg Hdg 5	Overweight / Underweight
Asia Pacific	6.0%	-	-
Americas	1.2%	-	-
Europe	0.7%	-	-
Africa	0.6%	-	-
Middle East	0.1%	-	-
Multi	-2.8%	-	-

Equity Sector	Global Allocation Fund	60% MSCI ACWI/40% BBG Barc Gbl Agg Hdg 5	Overweight / Underweight
Information Technology	11.5%	-	-
Consumer Discretionary	10.6%	-	-
Industrials	8.5%	-	-
Financials	7.5%	-	-
Health Care	7.0%	-	-
Consumer Staples	6.4%	-	-
Communication Services	5.6%	-	-
Energy	4.8%	-	-
Materials	2.6%	-	-
Real Estate	1.5%	-	-
Utilities	0.3%	-	-
Broad Market	-20.9%	-	-

Fixed Income Sector	Global Allocation Fund	60% MSCI ACWI/40% BBG Barc Gbl Agg Hdg 5	Overweight / Underweight
Treasuries	37.0%	-	-
Catastrophe	5.8%	-	-

Analytics

Multi Asset

Global Allocation Fund

CLASS Y: QGRYX

Analytics as of 03/31/2019

(As of 03/31/2019)

Morningstar 03/31/2019 (based on risk adjusted performance)

Overall Rating

Number of Funds

397

Ben Rockmuller, CFA

Portfolio Manager

Benjamin (Ben) Rockmuller, CFA is a senior portfolio manager of Oppenheimer Global Allocation Fund, Oppenheimer Global Multi-Asset Growth Fund, Oppenheimer Global Multi-Alternatives Fund and Oppenheimer Global Multi-Asset Income Fund. Additionally, he is responsible for the primary and secondary trading of event-linked bonds and has been involved with the analysis and management of insurance related investments since 2005.

Alessio de Longis, CFA

Portfolio Manager

Alessio de Longis, CFA, is a portfolio manager for the Global Multi-Asset Group (GMAG), which he joined in October 2013. Additionally, Mr. de Longis leads the group’s macro strategy, focusing on business cycle dynamics, global macro regimes, and their impact on asset class risks and returns, and manages active currency strategies in GMAG’s funds. From 2004 to 2013, he was a member of the Global Debt Team.

Documents

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. 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. Small and 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 small-sized or 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. 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. 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. If the benchmark is MSCI, the blended returns are calculated by Invesco using end of day index level values licensed from MSCI (“MSCI Data”). For the avoidance of doubt, MSCI is not the benchmark “administrator” for, or a “contributor”, “submitter” or “supervised contributor” to, the blended returns, and the MSCI Data is not considered a “contribution” or “submission” in relation to the blended returns, as those terms may be defined in any rules, laws, regulations, legislation or international standards. MSCI Data is provided “AS IS” without warranty or liability and no copying or distribution is permitted. MSCI does not make any representation regarding the advisability of any investment or strategy and does not sponsor, promote, issue, sell or otherwise recommend or endorse any investment or strategy, including any financial products or strategies based on, tracking or otherwise utilizing any MSCI Data, models, analytics or other materials or information.
6. The index returns are made up of the returns of (i) Composite Index representing 30% Russell 1000® Index/ 30% MSCI® ACWI ex-US/ 20% Bloomberg Barclays U.S. Aggregate Index/ 20% Bloomberg Barclays Multiverse ex US Index from January 1, 31, 2003 through September 30, 2015, and (ii) 60% MSCI® ACWI/ 40% Bloomberg Barclays Global Aggregate Bond Hedged USD from October 1, 2015 to present. The MSCI® ACWI is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed and emerging markets. The Bloomberg Barclays Global Aggregate Bond Index provides a broad-based measure of global investment grade fixed-rate debt markets. The index is comprised of several other Barclays indexes that measure fixed income performance of regions around the world while hedging the currency back to the US dollar. The indices are unmanaged, are shown for illustrative purposes only, and cannot be purchased directly by investors. Past performance does not guarantee future results.
7. The S&P MidCap 400 Revenue-Weighted Index is constructed by re-weighting the constituent securities of the S&P Mid Cap 400 by revenue earned, subject to certain asset diversification requirements. The S&P MidCap 400 Revenue Weighted Index generally contains the same securities as the S&P MidCap 400, but in different proportions.Past performance does not guarantee future results.
8. Holdings are subject to change, and are dollar weighted based on total new 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.
9. 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. The Morningstar Rating™ for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. Ratings do not consider sales charges and are subject to change monthly. Past performance is no guarantee of future results ↩
B. The Morningstar Rating™ for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 star s, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. Oppenheimer Global Allocation Fund was rated against the following numbers of World Allocation funds over the following time periods: the fund was rated 2 stars among 397 funds in the last three years, 3 stars among 321 in the last five years, and stars among 161 in the last ten years. Past performance does not guarantee future results. ↩
C. 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. ↩
D. 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. ↩
E. "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. ↩
F. There is no guarantee of the payment of any dividend or other distributions at any level. ↩
G. The Morningstar Rating™ for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 star s, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. Oppenheimer Global Allocation Fund was rated against the following numbers of World Allocation funds over the following time periods: the fund was rated 1 stars among 397 funds in the last three years, 2 stars among 321 in the last five years, and stars among 161 in the last ten years. Past performance does not guarantee future results. ↩
H. 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. ↩
I. 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. ↩
J. 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 R shares are not subject to a sales charge. Returns do not consider capital gains or income taxes on an individual's investment.
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K. 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. ↩

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Global Allocation Fund

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