5 More Years: The Cycle a Decade After Lehman

Guest Krishna Memani, CIO and Portfolio Manager of the Oppenheimer Total Return Bond Strategy, joins us to discuss recap the lessons learned a decade after the collapse of Lehman and provide insight into the global economy. Investing involves risk. Investment return and principal value of an investment will fluctuate, and an investor’s shares, when redeemed, may be worth more or less than their original cost. Mutual funds and exchange traded funds are subject to market risk and volatility. Shares may gain or lose value. 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.

Guest Michelle Borre, Portfolio Manager of the Oppenheimer Fundamental Alternatives Strategy, joins us to discuss Multi-Alternatives and the way they impact portfolio’s risk and return characteristics. Investing involves risk. Investment return and principal value of an investment will fluctuate, and an investor’s shares, when redeemed, may be worth more or less than their original cost. Fixed income investing entails credit and interest rate risks. 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. Credit instruments that are rated below investment grade (commonly referred to as “high yield” securities or “junk bonds”) are regarded as having predominantly speculative characteristics with respect to the issuer’s capacity to pay interest and repay principal. Some of the credit instruments will have no credit rating at all. Senior loans are typically lower-rated and may be illiquid investments, which may not have a ready market. Investments in lesser-known and middle- market companies may be more vulnerable than larger, more established organizations. Distressed credit investments are inherently speculative and are subject to a high degree of risk. Leverage (borrowing) involves transaction and interest costs on amounts borrowed, which may reduce performance. Foreign investments may be volatile and involve additional expenses and special risks, including currency fluctuations, foreign taxes, regulatory and geopolitical risks. Diversification does not guarantee profit or protect against loss. Duration measures interest rate sensitivity. The longer the duration, the greater the expected volatility as interest rates change. Correlation expresses the strength of relationship between distribution of returns between two data series. Correlation is always between +1 and –1, with a correlation of +1 expressing a perfect correlation, meaning that the two series being compared behave exactly the same, a correlation of –1 meaning the two series behave exactly opposite and a correlation of zero meaning movements between the two series are random. There are no guarantees that the historical performance of an investment, portfolio, or asset class will have a direct correlation with its future performance. The London InterBank Offered Rate (LIBOR) is the average interest rate estimated by leading banks in London that they would be charged if borrowing from other banks. It is a primary benchmark for short- term interest rates around the world. The index is unmanaged and cannot be purchased by investors. Index performance is shown for illustrative purposes only and does not predict or depict the performance of any particular investment. Past performance does not guarantee future results. Mutual funds and exchange traded funds are subject to market risk and volatility. Shares may gain or lose value. 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.

Guest Rohit Vohra, COO OFI Global - Carlyle JV, joins us to discuss private credit and the unique aspects of the asset class.
Investing involves risk. Investment return and principal value of an investment will fluctuate, and an investor’s shares, when redeemed, may be worth more or less than their original cost. Fixed income investing entails credit and interest rate risks. 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. Credit instruments that are rated below investment grade (commonly referred to as “high yield” securities or “junk bonds”) are regarded as having predominantly speculative characteristics with respect to the issuer’s capacity to pay interest and repay principal. Some of the credit instruments will have no credit rating at all. Senior loans are typically lower-rated and may be illiquid investments, which may not have a ready market. Investments in lesser-known and middle- market companies may be more vulnerable than larger, more established organizations. Distressed credit investments are inherently speculative and are subject to a high degree of risk. Leverage (borrowing) involves transaction and interest costs on amounts borrowed, which may reduce performance. Foreign investments may be volatile and involve additional expenses and special risks, including currency fluctuations, foreign taxes, regulatory and geopolitical risks. Diversification does not guarantee profit or protect against loss. Duration measures interest rate sensitivity. The longer the duration, the greater the expected volatility as interest rates change. Correlation expresses the strength of relationship between distribution of returns between two data series. Correlation is always between +1 and –1, with a correlation of +1 expressing a perfect correlation, meaning that the two series being compared behave exactly the same, a correlation of –1 meaning the two series behave exactly opposite and a correlation of zero meaning movements between the two series are random. There are no guarantees that the historical performance of an investment, portfolio, or asset class will have a direct correlation with its future performance. The London InterBank Offered Rate (LIBOR) is the average interest rate estimated by leading banks in London that they would be charged if borrowing from other banks. It is a primary benchmark for short- term interest rates around the world. The index is unmanaged and cannot be purchased by investors. Index performance is shown for illustrative purposes only and does not predict or depict the performance of any particular investment. Past performance does not guarantee future results. Mutual funds and exchange traded funds are subject to market risk and volatility. Shares may gain or lose value.
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.

Let’s talk about money. Financial goals take a plan and discipline, but before that literacy.

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

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.

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.