How Global Companies in Britain May Thrive
Traditionally, we’ve held a substantial weighting toward companies based in the United Kingdom within Oppenheimer International Growth Fund. We’ve taken this approach out of a belief that the UK possesses a significant number of high quality companies that are global in their reach. This means that although they’re domiciled within a country whose economy is suddenly imperiled by Brexit, most of their revenues come from overseas.
This approach is core to the type of company we prefer in this portfolio. In the next video in our series, learn how we approach market-moving events like Brexit.
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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. Diversification does not guarantee profit or protect against loss.
These views represent the opinions of OppenheimerFunds, Inc. 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.