Overview
The Strategy invests in a mix of undervalued U.S. and foreign stocks.
- Inception Date
- October 1, 2007
- Investment Style
- Global Equity
- Fund Index
- MSCI ACWI
- CUSIP
- 68380Q505
- NAV
- A
- (as of 08/17/2018)
- $54.65
- Total Assets
- (as of 07/31/2018)
- $622.16 MM
- Gross Expense Ratio
- (as of 07/31/2018)
- 1.05%
- Net Expense Ratio
- (as of 07/31/2018)
- 1.05%
- Other Investment Options
For a suite of investment vehicles beyond mutual funds, please visit OFIglobal.com. OFI Global Asset Management™, an OppenheimerFunds company, delivers the firm’s investment expertise and solutions to institutional and high-net worth investors.
Performance
Average Annual Returns as of 06/30/2018
Average Annual Returns as of 07/31/2018
|
Cumulative
|
Annualized | |||||
|---|---|---|---|---|---|---|
ytd as of 2018-06-30
|
1 yr | 3 yr | 5 yr | 10 yr | since inception | |
| 6.16% | 13.97% | 8.85% | 9.20% | 10.89% | 6.73% | |
| -0.43% | 10.73% | 8.19% | 9.41% | 5.80% | - | |
|
Cumulative
|
Annualized | |||||
|---|---|---|---|---|---|---|
ytd as of 2018-07-31
|
1 yr | 3 yr | 5 yr | 10 yr | since inception | |
| 8.45% | 10.84% | 8.83% | 8.07% | 10.83% | 6.88% | |
| 2.57% | 10.97% | 8.95% | 9.04% | 6.39% | - | |
Gross Expense Ratio:
1.05%
| Net Expense Ratio:
1.05%
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 07/31/2018
| Year | Global Focus Fund | MSCI ACWI |
|---|---|---|
| 2008 | -46.83% | -42.19% |
| 2009 | 74.41% | 34.63% |
| 2010 | 26.03% | 12.67% |
| 2011 | -7.63% | -7.35% |
| 2012 | 19.91% | 16.13% |
| 2013 | 42.98% | 22.80% |
| 2014 | -4.57% | 4.16% |
| 2015 | -0.38% | -2.36% |
| 2016 | -0.60% | 7.86% |
| 2017 | 25.41% | 23.97% |
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.
Cumulative Returns & Income Dividends
| Date | Global Focus Fund | MSCI ACWI | S&P 500 |
|---|---|---|---|
| 7/31/2008 | 0.00 | 0.00 | 0.00 |
| 8/31/2008 | 9.72 | -2.16 | 1.45 |
| 9/30/2008 | -7.43 | -14.38 | -7.59 |
| 10/31/2008 | -31.27 | -31.35 | -23.11 |
| 11/30/2008 | -39.29 | -35.86 | -28.63 |
| 12/31/2008 | -37.49 | -33.53 | -27.87 |
| 1/31/2009 | -41.07 | -39.21 | -33.95 |
| 2/28/2009 | -49.93 | -45.17 | -40.98 |
| 3/31/2009 | -44.36 | -40.65 | -35.81 |
| 4/30/2009 | -28.62 | -33.64 | -29.67 |
| 5/31/2009 | -21.90 | -27.03 | -25.74 |
| 6/30/2009 | -21.18 | -27.44 | -25.59 |
| 7/31/2009 | -12.65 | -21.05 | -19.96 |
| 8/31/2009 | -5.83 | -18.23 | -17.07 |
| 9/30/2009 | 3.85 | -14.48 | -13.98 |
| 10/31/2009 | -2.30 | -15.80 | -15.57 |
| 11/30/2009 | 2.42 | -12.34 | -10.51 |
| 12/31/2009 | 9.02 | -10.52 | -8.78 |
| 1/31/2010 | 5.22 | -14.39 | -12.06 |
| 2/28/2010 | 12.20 | -13.30 | -9.34 |
| 3/31/2010 | 21.07 | -7.72 | -3.87 |
| 4/30/2010 | 25.79 | -7.56 | -2.35 |
| 5/31/2010 | 13.22 | -16.33 | -10.15 |
| 6/30/2010 | 6.47 | -18.90 | -14.85 |
| 7/31/2010 | 19.33 | -12.31 | -8.89 |
| 8/31/2010 | 11.67 | -15.37 | -13.00 |
| 9/30/2010 | 23.00 | -7.28 | -5.23 |
| 10/31/2010 | 28.78 | -3.92 | -1.63 |
| 11/30/2010 | 27.43 | -6.06 | -1.62 |
| 12/31/2010 | 37.40 | 0.82 | 4.96 |
| 1/31/2011 | 41.26 | 2.40 | 7.45 |
| 2/28/2011 | 46.46 | 5.38 | 11.13 |
| 3/31/2011 | 47.86 | 5.28 | 11.17 |
| 4/30/2011 | 52.34 | 9.58 | 14.46 |
| 5/31/2011 | 49.88 | 7.23 | 13.17 |
| 6/30/2011 | 46.55 | 5.54 | 11.28 |
| 7/31/2011 | 39.38 | 3.82 | 9.02 |
| 8/31/2011 | 32.01 | -3.76 | 3.10 |
| 9/30/2011 | 18.90 | -12.85 | -4.15 |
| 10/31/2011 | 32.20 | -3.51 | 6.33 |
| 11/30/2011 | 27.04 | -6.40 | 6.09 |
| 12/31/2011 | 26.92 | -6.59 | 7.18 |
| 1/31/2012 | 35.73 | -1.16 | 11.98 |
| 2/29/2012 | 43.67 | 3.81 | 16.82 |
| 3/31/2012 | 45.84 | 4.50 | 20.67 |
| 4/30/2012 | 41.92 | 3.31 | 19.91 |
| 5/31/2012 | 23.63 | -5.95 | 12.70 |
| 6/30/2012 | 30.11 | -1.31 | 17.34 |
| 7/31/2012 | 30.98 | 0.04 | 18.97 |
| 8/31/2012 | 38.00 | 2.22 | 21.65 |
| 9/30/2012 | 45.31 | 5.44 | 24.80 |
| 10/31/2012 | 44.88 | 4.73 | 22.49 |
| 11/30/2012 | 46.33 | 6.07 | 23.20 |
| 12/31/2012 | 52.19 | 8.48 | 24.33 |
| 1/31/2013 | 63.75 | 13.47 | 30.77 |
| 2/28/2013 | 64.04 | 13.46 | 32.54 |
| 3/31/2013 | 67.68 | 15.53 | 37.51 |
| 4/30/2013 | 72.95 | 18.83 | 40.16 |
| 5/31/2013 | 79.44 | 18.50 | 43.44 |
| 6/30/2013 | 76.29 | 15.04 | 41.51 |
| 7/31/2013 | 89.70 | 20.55 | 48.72 |
| 8/31/2013 | 87.47 | 18.04 | 44.41 |
| 9/30/2013 | 100.98 | 24.13 | 48.94 |
| 10/31/2013 | 107.37 | 29.12 | 55.78 |
| 11/30/2013 | 110.17 | 30.95 | 60.53 |
| 12/31/2013 | 117.59 | 33.21 | 64.59 |
| 1/31/2014 | 105.36 | 27.88 | 58.90 |
| 2/28/2014 | 115.60 | 34.06 | 66.17 |
| 3/31/2014 | 112.83 | 34.66 | 67.57 |
| 4/30/2014 | 105.60 | 35.94 | 68.81 |
| 5/31/2014 | 111.08 | 38.83 | 72.77 |
| 6/30/2014 | 113.32 | 41.44 | 76.34 |
| 7/31/2014 | 102.98 | 39.73 | 73.91 |
| 8/31/2014 | 109.39 | 42.81 | 80.87 |
| 9/30/2014 | 99.63 | 38.18 | 78.33 |
| 10/31/2014 | 102.39 | 39.16 | 82.68 |
| 11/30/2014 | 109.53 | 41.48 | 87.60 |
| 12/31/2014 | 107.65 | 38.75 | 87.13 |
| 1/31/2015 | 97.82 | 36.58 | 81.51 |
| 2/28/2015 | 113.28 | 44.19 | 91.94 |
| 3/31/2015 | 110.71 | 41.95 | 88.90 |
| 4/30/2015 | 114.27 | 46.07 | 90.72 |
| 5/31/2015 | 118.42 | 45.88 | 93.17 |
| 6/30/2015 | 112.24 | 42.45 | 89.43 |
| 7/31/2015 | 116.94 | 43.68 | 93.40 |
| 8/31/2015 | 96.04 | 33.83 | 81.73 |
| 9/30/2015 | 90.60 | 28.99 | 77.23 |
| 10/31/2015 | 109.92 | 39.11 | 92.18 |
| 11/30/2015 | 111.65 | 37.96 | 92.75 |
| 12/31/2015 | 106.86 | 35.47 | 89.71 |
| 1/31/2016 | 86.65 | 27.30 | 80.30 |
| 2/29/2016 | 83.64 | 26.43 | 80.06 |
| 3/31/2016 | 96.98 | 35.80 | 92.27 |
| 4/30/2016 | 96.53 | 37.80 | 93.02 |
| 5/31/2016 | 100.78 | 37.97 | 96.48 |
| 6/30/2016 | 91.64 | 37.14 | 96.99 |
| 7/31/2016 | 104.59 | 43.05 | 104.26 |
| 8/31/2016 | 106.81 | 43.53 | 104.54 |
| 9/30/2016 | 109.67 | 44.41 | 104.58 |
| 10/31/2016 | 101.57 | 41.96 | 100.85 |
| 11/30/2016 | 104.24 | 43.04 | 108.29 |
| 12/31/2016 | 105.62 | 46.13 | 112.40 |
| 1/31/2017 | 114.61 | 50.12 | 116.43 |
| 2/28/2017 | 122.22 | 54.33 | 125.03 |
| 3/31/2017 | 122.22 | 56.22 | 125.29 |
| 4/30/2017 | 129.54 | 58.66 | 127.60 |
| 5/31/2017 | 135.91 | 62.16 | 130.81 |
| 6/30/2017 | 140.21 | 62.90 | 132.25 |
| 7/31/2017 | 152.31 | 67.45 | 137.02 |
| 8/31/2017 | 153.05 | 68.09 | 137.75 |
| 9/30/2017 | 155.47 | 71.34 | 142.65 |
| 10/31/2017 | 156.95 | 74.90 | 148.31 |
| 11/30/2017 | 158.09 | 78.28 | 155.93 |
| 12/31/2017 | 157.87 | 81.16 | 158.78 |
| 1/31/2018 | 177.79 | 91.38 | 173.59 |
| 2/28/2018 | 173.12 | 83.34 | 163.51 |
| 3/31/2018 | 167.63 | 79.41 | 156.81 |
| 4/30/2018 | 164.97 | 81.13 | 157.80 |
| 5/31/2018 | 171.91 | 81.35 | 164.00 |
| 6/30/2018 | 173.77 | 80.37 | 165.63 |
| 7/31/2018 | 179.66 | 85.81 | 175.51 |
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.
Capital Gains and Distributions ($ per share) as of 08/19/2018
| Date | 2013 | 2014 | 2015 | 2016 | 2017 |
|---|---|---|---|---|---|
| Short Term | — | 0.2156 | — | — | 0.7139 |
| Long Term | — | 0.5300 | — | — | 0.2136 |
| Total Amount of Distribution | — | 0.7455 | — | — | 0.9274 |
| Record Date | — | 12/3/14 | — | — | 12/6/17 |
| Ex Div Date | — | 12/4/14 | — | — | 12/7/17 |
| Pay Date | — | 12/4/14 | — | — | 12/7/17 |
There is no guarantee of the payment of any dividend or other distributions at any level.
Portfolio
Top Issuers
(68.0% of assets as of 07/31/2018)
| Country | Global Focus Fund | MSCI ACWI | Overweight / Underweight |
|---|---|---|---|
| United States | 60.2% | 53.9% | 6.3% |
| China | 12.6% | 3.6% | 9.0% |
| Denmark | 7.7% | 0.5% | 7.2% |
| United Kingdom | 6.4% | 5.6% | 0.8% |
| Germany | 5.2% | 3.1% | 2.2% |
| Japan | 3.9% | 7.4% | -3.5% |
| Switzerland | 2.1% | 2.6% | -0.5% |
| France | 0.9% | 3.5% | -2.6% |
| Sweden | 0.3% | 0.8% | -0.5% |
| Developed Markets | Global Focus Fund | MSCI ACWI | Overweight / Underweight |
|---|---|---|---|
| Americas | 60.2% | 57.0% | 3.2% |
| Europe | 22.6% | 20.3% | 2.3% |
| Asia Pacific | 3.9% | 11.2% | -7.2% |
| Emerging Markets | Global Focus Fund | MSCI ACWI | Overweight / Underweight |
|---|---|---|---|
| Asia Pacific | 12.6% | 8.5% | 4.1% |
| Equity Sector | Global Focus Fund | MSCI ACWI | Overweight / Underweight |
|---|---|---|---|
| Information Technology | 37.8% | 19.4% | 18.5% |
| Health Care | 19.6% | 11.4% | 8.1% |
| Financials | 17.6% | 17.7% | 0.0% |
| Consumer Discretionary | 14.8% | 12.1% | 2.7% |
| Industrials | 5.2% | 10.7% | -5.5% |
| Materials | 4.4% | 5.2% | -0.9% |
| Industry | Global Focus Fund | MSCI ACWI | Overweight / Underweight |
|---|---|---|---|
| Internet Software & Services | 18.5% | 4.2% | 14.3% |
| Software | 10.8% | 4.0% | 6.8% |
| Banks | 8.7% | 9.7% | -1.0% |
| IT Services | 8.3% | 3.0% | 5.3% |
| Internet & Direct Marketing Retail | 8.2% | 2.3% | 5.8% |
| Media | 6.6% | 1.9% | 4.7% |
| Biotechnology | 6.0% | 1.8% | 4.2% |
| Pharmaceuticals | 5.3% | 5.0% | 0.3% |
| Insurance | 4.9% | 3.8% | 1.1% |
| Chemicals | 4.4% | 2.7% | 1.7% |
| Health Care Equipment & Supplies | 4.3% | 2.1% | 2.1% |
| Capital Markets | 4.1% | 2.6% | 1.4% |
| Professional Services | 3.5% | 0.6% | 2.8% |
| Life Sciences Tools & Services | 2.7% | 0.6% | 2.2% |
| Health Care Technology | 1.4% | 0.1% | 1.3% |
| Aerospace & Defense | 1.1% | 1.9% | -0.8% |
| Machinery | 0.6% | 1.8% | -1.2% |
| Technology Hardware Storage & Peripherals | 0.3% | 3.1% | -2.8% |
| Asset Allocation | Global Focus Fund | MSCI ACWI | Overweight / Underweight |
|---|---|---|---|
| Equity | 99.4% | 100.0% | -0.6% |
| Market Cap | Global Focus Fund | MSCI ACWI | Overweight / Underweight |
|---|---|---|---|
| Large | 72.6% | 88.7% | -16.1% |
| Mid | 16.6% | 11.2% | 5.4% |
| Small | 10.1% | 0.1% | 10.0% |
Analytics
Morningstar
07/31/2018
(based on risk adjusted performance)
Overall Rating
Number of Funds
727
Category
World Large Stock
Performance Statistics
3Y
5Y
Alpha
-1.37
-2.38
Beta
1.20
1.22
Information Ratio
-0.02
-0.15
R-Squared
82.81
81.35
Sharpe Ratio
0.61
0.61
Standard Deviation
14.21
13.60
Upside Capture
114.59
111.27
Downside Capture
127.47
129.99
Sortino Ratio
0.28
0.27
Tracking Error
6.27
6.27
Dividends
- D
Est. Frequency
Annual
Last Pay Date
12/7/2017
Per Share ($)
$0.0000
12-Month Distribution ($)
$0.0000
Portfolio Characteristics
Fund
Fund Index
Average Market Cap (weighted)
$164.92 B
$145.84 B
Median Market Cap (weighted)
$46.52 B
$56.48 B
P/E Ratio (LTM)
38.09
18.62
P/E Ratio (NTM)
24.64
15.29
Price/Book
2.96
2.47
Debt to Capital Ratio
34.74
43.37
Turnover Ratio
63%
-
Active Share
93.49%
-
Distribution Sources
- D
Net Income
0.00%
Net Profit from Sale
100.00%
Other Capital Sources
0.00%
Documents
- 1. Prior to 6/29/18, the Fund's name was Oppenheimer Global Value Fund.
- 2. Special Risks: 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. Value investing involves the risk that undervalued securities may not appreciate as anticipated. 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 mid-sized company, if any gain is realized at all. Diversification does not guarantee profit or protect against loss.
- 3. 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.
- 4. Access index definitions.
- 5. Holdings are subject to change, and are dollar weighted based on total net 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.
- 6. Holdings are subject to change, are dollar-weighted based on assets, and may not reflect the use of leverage in the Fund. Market Cap breakdown is calculated using Morningstar's methodology and those capitalization standards may not align with those in the Fund’s prospectus.
- A. 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. ↩
- B. 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. ↩
- C. "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. ↩
- D. There is no guarantee of the payment of any dividend or other distributions at any level. ↩