2018 Mid-Year Outlook with CIO Krishna Memani

We went to the top of the house for this episode on the 2018 Mid-Year Outlook. Krishna has been right for a long time about this aging cycle and we wanted to get his take on the major trends that are shaping up for the second half of the year. Tune in to find out our thoughts on major asset classes and global trends which could impact your clients. Mutual funds and exchange traded funds are subject to market risk and volatility. Shares may gain or lose value. Equities are subject to market risk and volatility; they may gain or lose value. Fixed-income investing entails credit and interest rate risks. Bonds are exposed to credit and interest rate risk. When interest rates rise, bond prices generally fall, and a 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. Eurozone investments may be subject to volatility and liquidity issues. Investments in securities of growth companies may be especially volatile. Foreign investments may be volatile and involve additional expenses and special risks, including currency fluctuations, foreign taxes and geopolitical risks. Emerging and developing markets may be especially volatile. Eurozone investments may be subject to volatility and liquidity issues. The mention of specific countries, regions, or sectors does not constitute a recommendation by any particular fund or by OppenheimerFunds, Inc. 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 visiting Oppenheimerfunds.com or calling 1.800.CALL OPP (225.5677). Read prospectuses and summary prospectuses carefully before investing. These views represent the opinions of OppenheimerFunds and are not intended as investment advice or to predict or depict the performance of any investment. These views are as of the publication date, and are subject to change based on subsequent developments. OppenheimerFunds is not undertaking to provide impartial investment advice or to provide advice in a fiduciary capacity.

Anyone else have whiplash from Italy? On this episode of the World Financial Podcast We talk about an Italexit, the Euro, the Dollar and EM with our favorite economists, Meral and Turgut. Mutual funds and exchange traded funds are subject to market risk and volatility. Shares may gain or lose value. Foreign investments may be volatile and involve additional expenses and special risks, including currency fluctuations, foreign taxes, regulatory and geopolitical risks. Investing significantly in a particular region, industry, sector or issuer may increase volatility and risk. Emerging and developing market investments may be especially volatile. These risks are magnified in frontier markets. Commodity-linked investments are speculative and have substantial risks, including the loss of principal. Fixed income investing entails credit and interest rate risks. Interest rate risk is the risk that rising interest rates or an expectation of rising interest rates in the near future, will cause the values of a fund's investments to decline. When interest rates rise, bond prices generally fall, and a fund’s share prices can fall. Leverage (borrowing) involves transaction and interest costs on amounts borrowed, which may reduce performance. 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 visiting Oppenheimerfunds.com or calling 1.800.CALL OPP (225.5677). Read prospectuses and summary prospectuses carefully before investing. These views represent the opinions of portfolio managers at OppenheimerFunds and are not intended as investment advice or to predict or depict the performance of any investment. These views are as of the publication date, and are subject to change based on subsequent developments. OppenheimerFunds is not undertaking to provide impartial investment advice or to provide advice in a fiduciary capacity. The mention of specific countries, currencies, securities, issuers, or sectors does not constitute a recommendation on behalf of any particular fund or by OppenheimerFunds, Inc.

After a recent conference, our tech analysts believe there will be massive infrastructure spend reshaping the way companies reach consumers. On this episode of the World Financial Podcast our Tech Media Telecom Pod (not to be confused with podcast), featuring analysts Magnus, Trish and Sudip, join us to discuss technology in 2018 and how to get ahead of the proverbial cap- ex wave when evaluating tech firms. Mutual funds and exchange traded funds are subject to market risk and volatility. Shares may gain or lose value. Foreign investments may be volatile and involve additional expenses and special risks, including currency fluctuations, foreign taxes, regulatory and geopolitical risks. Investing significantly in a particular region, industry, sector or issuer may increase volatility and risk. Derivative instruments entail higher volatility and risk of loss compared to traditional stock or bond investments. Diversification does not guarantee profit or protect against loss. Small and Mid-sized company stocks are 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. As of April 30, 2018, holdings of Amazon are 2.78, 2.31, and 5.22 percent, respectively, in the Oppenheimer Main Street, Oppenheimer Main Street All Cap and Oppenheimer Capital Appreciation Fund. The holdings of Microsoft are 3.93, 4.84, 3.16, and 6.24 percent, respectively, in the Oppenheimer Main Street, Oppenheimer Rising Dividends, Oppenheimer Main Street All Cap and Oppenheimer Capital Appreciation Fund. The holdings of Facebook are 2.85, 2.67 and 5.75 percent, respectively, in Oppenheimer Main Street, Oppenheimer Main Street All Cap and Oppenheimer Capital Appreciation Fund.
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 visiting Oppenheimerfunds.com or calling 1.800.CALL OPP (225.5677). Read prospectuses and summary prospectuses carefully before investing. These views represent the opinions of portfolio managers at OppenheimerFunds and are not intended as investment advice or to predict or depict the performance of any investment. These views are as of the publication date, and are subject to change based on subsequent developments. OppenheimerFunds is not undertaking to provide impartial investment advice or to provide advice in a fiduciary capacity. The mention of specific countries, currencies, companies, or sectors does not constitute a recommendation by any particular fund or by OppenheimerFunds, Inc.

Growth or Value? Large or Small? International or Domestic? How have global equity markets changed over the past six months? Are there any risks that investors should be focusing on? On this episode of the World Financial Podcast friend of the pod and Equity Strategist, Talley Leger, joins us to discuss the most recent semiannual update to his flagship Equity Strategy Playbook that shapes the firm’s views on equity markets. Mutual funds and exchange traded funds are subject to market risk and volatility. Shares may gain or lose value. Foreign investments may be volatile and involve additional expenses and special risks, including currency fluctuations, foreign taxes, regulatory and geopolitical risks. Emerging markets investments may be especially volatile. 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 visiting Oppenheimerfunds.com or calling 1.800.CALL OPP (225.5677). Read prospectuses and summary prospectuses carefully before investing. These views represent the opinions of portfolio managers at OppenheimerFunds and are not intended as investment advice or to predict or depict the performance of any investment. These views are as of the publication date, and are subject to change based on subsequent developments. OppenheimerFunds is not undertaking to provide impartial investment advice or to provide advice in a fiduciary capacity. The mention of specific countries, currencies, companies, or sectors does not constitute a recommendation by any particular fund or by OppenheimerFunds, Inc.

How do you examine the sustainability policies of a
municipality? How do you assess their record on gender equity?
On governance? On this episode of the World Financial Podcast,
ESG & Impact Analyst Glen Yelton of the SNW team joins us
to discuss ESG and impact investing in the fixed income world,
and the unique challenges in the space.

Mutual funds and exchange traded funds are subject to market
risk and volatility. Shares may gain or lose value.

Companies with favorable ESG practices may underperform the
market as a whole. Bonds are exposed to credit and interest rate
risks (when interest rates rise, bond/fund prices generally fall).

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 visiting
Oppenheimerfunds.com or calling 1.800.CALL OPP
(225.5677). Read prospectuses and summary prospectuses
carefully before investing.

These views represent the opinions of portfolio managers at
OppenheimerFunds and are not intended as investment advice or
to predict or depict the performance of any investment. These
views are as of the publication date, and are subject to change
based on subsequent developments.

OppenheimerFunds is not undertaking to provide impartial
investment advice or to provide advice in a fiduciary capacity.
The mention of specific countries, currencies, companies, or
sectors does not constitute a recommendation by any particular
fund or by OppenheimerFunds, Inc.

Volatility is back in a big way. On this episode of the World Financial Podcast, Portfolio Manager, Alessio de Longis, of the OppenheimerFunds Global Allocation and US Dynamic Multifactor strategies rejoins us to help cut through the noise and highlight current tactical positioning. Mutual funds and exchange traded funds are subject to market risk and volatility. Shares may gain or lose value. Non-US 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. Fixed income investing entails credit and interest rate risks. When interest rates rise, bond prices generally fall. Event-linked securities otherwise known as Cat Bonds are fixed income securities 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, event-linked securities may lose all or a portion of its principal and additional interest. Diversification does not guarantee profit or protect against loss.
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 visiting Oppenheimerfunds.com or calling 1.800.CALL OPP (225.5677). Read prospectuses and summary prospectuses carefully before investing. These views represent the opinions of portfolio managers at OppenheimerFunds and are not intended as investment advice or to predict or depict the performance of any investment. These views are as of the publication date, and are subject to change based on subsequent developments. OppenheimerFunds is not undertaking to provide impartial investment advice or to provide advice in a fiduciary capacity. The mention of specific countries, currencies, companies, or sectors does not constitute a recommendation by any particular fund or by OppenheimerFunds, Inc.