Spoof Access

×
QIVIX

International Equity Fund

Overview

The Strategy typically invests in international stocks that the portfolio manager believes are undervalued.

Inception Date
March 28, 2013
Investment Style
International Equity
Fund Index
MSCI ACWI ex US
CUSIP
68382N609
NAV
  • A
(as of 05/18/2018)
$22.29
Total Assets
(as of 04/30/2018)
$2.14 BN
Gross Expense Ratio
(as of 04/30/2018)
0.81%
Net Expense Ratio
(as of 04/30/2018)
0.81%
Performance
Average Annual Total Returns
Cumulative Returns
Calendar Year Returns
Capital Gains Distributions
as of 04/30/2018
as of 03/31/2018

Sales charges are not applicable to Y & I Share Classes.
Cumulative
Annualized
3 mo ytd as of 2018-03-31
  • B
1 yr 3 yr 5 yr since inception
International Equity Fund (NAV)
-1.58% -1.58% 18.43% 7.98% 7.55% 7.53%
MSCI ACWI ex US
-1.18% -1.18% 16.53% 6.18% 5.89% -
Cumulative
Annualized
3 mo ytd as of 2018-04-30
  • B
1 yr 3 yr 5 yr since inception
International Equity Fund (NAV)
-5.81% -0.68% 15.40% 6.72% 6.77% 7.60%
MSCI ACWI ex US
-4.90% 0.40% 15.91% 5.01% 5.46% -
Gross Expense Ratio: 0.81% | Net Expense Ratio: 0.81%

Year International Equity Fund MSCI ACWI ex US
2014 -9.87% -3.87%
2015 -0.55% -5.66%
2016 2.38% 4.50%
2017 31.62% 27.19%

Date International Equity Fund MSCI ACWI ex-US MSCI World S&P 500
4/30/2013 0.00 0.00 0.00 0.00
5/31/2013 -2.60 -2.31 0.04 2.34
6/30/2013 -3.87 -6.55 -2.43 0.96
7/31/2013 1.85 -2.46 2.71 6.10
8/31/2013 0.12 -3.80 0.52 3.03
9/30/2013 7.79 2.88 5.55 6.26
10/31/2013 10.44 6.66 9.68 11.15
11/30/2013 12.58 6.84 11.63 14.53
12/31/2013 15.64 7.78 13.99 17.43
1/31/2014 8.86 2.88 9.77 13.37
2/28/2014 12.63 8.05 15.27 18.56
3/31/2014 10.39 8.33 15.43 19.55
4/30/2014 9.92 9.76 16.62 20.44
5/31/2014 11.63 11.89 18.91 23.26
6/30/2014 13.04 13.78 21.04 25.81
7/31/2014 9.21 12.65 19.11 24.08
8/31/2014 9.21 13.27 21.73 29.04
9/30/2014 4.91 7.79 18.43 27.23
10/31/2014 5.73 6.72 19.19 30.34
11/30/2014 8.33 7.49 21.58 33.84
12/31/2014 4.23 3.62 19.62 33.51
1/31/2015 4.78 3.46 17.45 29.50
2/28/2015 9.37 8.99 24.34 36.94
3/31/2015 9.19 7.23 22.39 34.78
4/30/2015 14.15 12.65 25.26 36.07
5/31/2015 14.75 10.89 25.69 37.82
6/30/2015 11.00 7.80 22.77 35.15
7/31/2015 11.73 7.50 24.97 37.98
8/31/2015 3.57 -0.72 16.70 29.66
9/30/2015 0.36 -5.32 12.40 26.45
10/31/2015 7.01 1.73 21.30 37.11
11/30/2015 5.98 -0.37 20.70 37.52
12/31/2015 3.66 -2.25 18.58 35.35
1/31/2016 -0.50 -8.90 11.49 28.64
2/29/2016 -1.29 -9.94 10.66 28.46
3/31/2016 5.00 -2.62 18.16 37.18
4/30/2016 5.86 -0.06 20.03 37.71
5/31/2016 5.92 -1.74 20.71 40.18
6/30/2016 4.21 -3.25 19.36 40.55
7/31/2016 9.58 1.54 24.40 45.73
8/31/2016 9.89 2.18 24.50 45.93
9/30/2016 12.21 3.44 25.16 45.96
10/31/2016 8.85 1.95 22.74 43.30
11/30/2016 6.10 -0.40 24.51 48.60
12/31/2016 6.12 2.14 27.49 51.54
1/31/2017 10.38 5.76 30.56 54.42
2/28/2017 11.20 7.45 34.18 60.55
3/31/2017 16.08 10.17 35.61 60.73
4/30/2017 20.22 12.53 37.62 62.39
5/31/2017 25.23 16.18 40.53 64.67
6/30/2017 27.11 16.54 41.07 65.70
7/31/2017 30.99 20.84 44.45 69.11
8/31/2017 31.37 21.47 44.65 69.62
9/30/2017 34.38 23.72 47.90 73.12
10/31/2017 38.58 26.05 50.70 77.16
11/30/2017 38.95 27.08 53.96 82.60
12/31/2017 39.68 29.92 56.04 84.63
1/31/2018 47.29 37.15 64.28 95.20
2/28/2018 40.24 30.69 57.48 88.00
3/31/2018 37.48 0.00 54.04 83.22
4/30/2018 38.73 30.43 55.81 83.93
$ per share as of 05/18/2018

Date 2013 2014 2015 2016 2017
Short Term
Long Term
Total Amount of Distribution
Record Date
Ex Div Date
Pay Date

There is no guarantee of the payment of any dividend or other distributions at any level.

Portfolio

Top Issuers

(39.1% of assets as of 04/30/2018)


Portfolio Holdings Breakdown

Country
Developed Markets
Emerging Markets
Equity Sector
Industry
Asset Allocation
Market Cap
Country International Equity Fund MSCI ACWI ex US Overweight / Underweight
Japan 19.8% 16.7% 3.1%
France 17.8% 7.7% 10.1%
Germany 11.4% 6.6% 4.8%
United Kingdom 10.0% 12.3% -2.3%
China 9.1% 7.6% 1.5%
South Korea 7.3% 3.9% 3.4%
Hong Kong 5.0% 2.5% 2.5%
Netherlands 3.9% 2.5% 1.4%
United States 2.4% - -
Canada 1.8% 6.2% -4.5%
Spain 1.6% 2.2% -0.6%
Malaysia 1.1% 0.6% 0.5%
New Zealand 0.9% 0.1% 0.8%
Switzerland 0.7% 5.2% -4.5%
India 0.7% 2.1% -1.4%
Portugal 0.4% 0.1% 0.3%
Developed Markets International Equity Fund MSCI ACWI ex US Overweight / Underweight
Europe 45.8% 43.7% 2.1%
Asia Pacific 25.7% 24.7% 1.0%
Americas 4.1% 6.2% -2.1%
Emerging Markets International Equity Fund MSCI ACWI ex US Overweight / Underweight
Asia Pacific 18.2% 18.4% -0.2%
Equity Sector International Equity Fund MSCI ACWI ex US Overweight / Underweight
Consumer Discretionary 23.2% 11.4% 11.9%
Information Technology 16.8% 11.5% 5.3%
Financials 15.1% 23.0% -7.9%
Industrials 13.0% 11.8% 1.2%
Consumer Staples 9.5% 9.3% 0.1%
Materials 6.4% 8.1% -1.7%
Energy 5.0% 7.1% -2.1%
Telecommunication Services 2.7% 4.0% -1.2%
Health Care 2.0% 7.6% -5.6%
Industry International Equity Fund MSCI ACWI ex US Overweight / Underweight
Hotels Restaurants & Leisure 8.9% 1.3% 7.6%
Banks 8.5% 14.3% -5.7%
Insurance 5.1% 5.3% -0.2%
Software 4.9% 1.3% 3.6%
Beverages 4.1% 1.9% 2.2%
Metals & Mining 4.0% 3.5% 0.6%
Semiconductors & Semiconductor Equipment 3.9% 2.3% 1.6%
Oil Gas & Consumable Fuels 3.5% 7.0% -3.6%
Auto Components 3.5% 1.2% 2.3%
Aerospace & Defense 3.4% 1.0% 2.4%
Internet Software & Services 3.2% 3.1% 0.1%
Food Products 3.1% 2.4% 0.7%
Professional Services 2.9% 0.8% 2.1%
Electronic Equipment Instruments & Components 2.9% 1.6% 1.3%
Household Durables 2.8% 1.0% 1.8%
Electrical Equipment 2.6% 1.1% 1.5%
Chemicals 2.4% 3.4% -1.1%
Automobiles 2.3% 3.2% -0.9%
Technology Hardware Storage & Peripherals 2.0% 1.9% 0.2%
Wireless Telecommunication Services 1.8% 2.0% -0.1%
Asset Allocation International Equity Fund MSCI ACWI ex US Overweight / Underweight
Equity 93.8% 100.0% -6.2%
Market Cap International Equity Fund MSCI ACWI ex US Overweight / Underweight
Large 81.3% 88.8% -7.5%
Mid 12.6% 11.0% 1.6%
Analytics
(As of 04/30/2018)

Morningstar 04/30/2018 (based on risk adjusted performance)
Overall Rating
Number of Funds
608
Category
Foreign Large Blend
Performance Statistics
3Y
5Y
Alpha
2.19
1.84
Beta
0.87
0.88
Information Ratio
0.41
0.29
R-Squared
88.16
85.33
Sharpe Ratio
0.58
0.60
Standard Deviation
11.24
11.28
Upside Capture
94.16
94.29
Downside Capture
81.27
83.35
Sortino Ratio
0.27
0.29
Win Ratio
47.00
45.00
Loss Ratio
53.00
55.00
Margin of Outperformance
1.15
1.30
Margin of Underperformance
-0.79
-0.88
Tracking Error
4.19
4.53
Dividends
  • C
Est. Frequency
Annual
Last Pay Date
12/13/2017
Per Share ($)
$0.0853
12-Month Distribution ($)
$0.0853
Portfolio Characteristics
Fund
Fund Index
Average Market Cap (weighted)
$63.60 B
$65.30 B
Median Market Cap (weighted)
$39.20 B
$34.30 B
P/E Ratio (LTM)
17.29
16.36
P/E Ratio (NTM)
14.53
13.79
Price/Book
1.96
1.80
Debt to Capital Ratio
37.48
40.40
Turnover Ratio
83.00%
-
Active Share
86.57%
-
Distribution Sources
  • C
Net Income
100.00%
Net Profit from Sale
0.00%
Other Capital Sources
0.00%
Documents
  1. 1. Prior to 12/28/16, the Fund’s name was Oppenheimer International Value Fund.
  2. 2. Special Risks: Fixed income investing entails credit and interest rate risks. When interest rates rise, bond prices generally fall, and the Fund’s share prices can fall. 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.
  3. 3. Class I shares are only offered to eligible institutional investors that make a minimum initial investment of $1 million or more and to retirement plan service provider platforms. The minimum account balance for class I shares is $2.5 million. Class I shares are sold at net asset value without a sales charge. Please see Fund prospectuses for additional information.
  4. 4. Access index definitions.
  5. 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. 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.
  7. B. "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.
  8. C. There is no guarantee of the payment of any dividend or other distributions at any level.
  9. The funds invest in below-investment-grade debt securities, which may entail greater credit risks, as described in each fund’s prospectus. These securities (sometimes called “junk bonds”) may be subject to greater price fluctuations and risks of loss of income and principal than investment-grade municipal securities. The funds may invest substantially in municipal securities within a single state or related to similar type projects, which can increase volatility and exposure to regional issues. The funds may also invest substantially in Puerto Rico and other U.S. territories, commonwealths and possessions, and could be exposed to their local political and economic conditions. Deterioration of the Puerto Rican economy could have an adverse impact on Puerto Rican bonds and the performance of the Rochester municipal funds that hold them.The views represented herein are the opinions of the Portfolio Managers at Macquarie Capital Investment Management LLC and are not intended as investment advice or to predict or depict the performance of any investment. These views are as of the date indicated, and are subject to change based on subsequent developments.Funds returns may not match the return of its respective index, known as non-correlation risk, due to operating expenses incurred by the Funds. The alternate weighting approach employed by the Funds (i.e., using revenues as a weighting measure), while designed to enhance potential returns, may not produce the desired results. Because the Funds are rebalanced quarterly, portfolio turnover may exceed 100%. The greater the portfolio turnover, the greater the transaction costs, which could have an adverse effect on Fund performanceOn April 28, 2017, OFI Global Institutional, Inc., a registered investment adviser subsidiary within OFI Global Asset Management (“OFI Global”) acquired SNW Asset Management, LLC (“SNW”). SNW provides advisory services for the strategy discussed herein.

    Benchmark: Through 12/31/11: 80% Merrill Lynch 1-5yr Municipal index/ 20% Merrill Lynch 5-7yr index. After 12/31/11: BofA Merrill Lynch 1-10 Year Municipal Securities Index. The BofA Merrill Lynch 1-10 Year Municipal Securities Index is a subset of the BofA Merrill Lynch US Municipal Securities Index including all securities with a remaining term to final maturity less than 10 years.On April 28, 2017, OFI Global Institutional, Inc., a registered investment adviser subsidiary within OFI Global Asset Management (“OFI Global”) acquired SNW Asset Management, LLC (“SNW”). SNW provides advisory services for the strategy discussed herein.

    Benchmark: Through 12/31/11: 80% Merrill Lynch 1-5yr Municipal index/ 20% Merrill Lynch 5-7yr index. After 12/31/11: BofA Merrill Lynch 1-10 Year Municipal Securities Index. The BofA Merrill Lynch 1-10 Year Municipal Securities Index is a subset of the BofA Merrill Lynch US Municipal Securities Index including all securities with a remaining term to final maturity less than 10 years.

×
Loading...
Tiny Button Small Button Large Button Default Button Secondary Button Framed Button Framed Button ( Small Caps )