While the world has changed drastically over the past two decades, Oppenheimer International Growth Fund’s investment philosophy has remained the same.
Over the last 20 years, Portfolio Manager George Evans, CFA, has employed a consistent investment approach of investing in high quality growth companies at attractive prices and holding them for the long term. By maintaining a disciplined investment process, the Fund has provided investors with compelling results through multiple market cycles.
See the infographic about the Fund’s consistent philosophy, investment approach and compelling outperformance.
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1 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. Oppenheimer International Growth Fund was rated 3, 4 and 5 stars against the following numbers of Foreign Large Growth funds over the following time periods: 312 funds in the last three years, 260 funds in the last five years, and 182 funds in the last 10 years. Morningstar Rating is for the Y share class only; other classes may have different performance characteristics. Past performance does not guarantee future results.
2 Source: World Bank.
3 Source: United States Census Bureau.
4 Source: Internet Live Stats.
5 Source: U.S. Department of Transportation.