NEW YORK, February 21, 2018 – OppenheimerFunds, a leading global asset manager, announced that its OppenheimerFunds International Equity Fund (QIVAX) has been named to the Q1 2018 Schwab Mutual Fund OneSource Select List®.
Mutual funds on the list are rigorously screened by Charles Schwab Investment Advisory (CSIA) based on factors such as risk, performance and expense.
“Having our International Equity Fund included on Schwab’s Mutual Fund OneSource Select List is a great testament to the skilled active management investment philosophy that is the hallmark of our firm,” said Krishna Memani, OppenheimerFunds Chief Investment Officer.
In addition to International Equity, both the OppenheimerFunds SteelPath MLP Select 40 Fund (MLPFX) and Oppenheimer Gold & Special Minerals Fund (OPGSX) are also currently included on the Q1 2018 Schwab Mutual Fund OneSource Select List.
Led by Portfolio Manager James Ayer, OppenheimerFunds International Equity Strategy seeks capital appreciation by investing mainly in common and preferred stocks of companies that the portfolio manager believes are undervalued and are either domiciled or have their primary operations outside the United States.
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OppenheimerFunds, Inc., a leader in global asset management, is dedicated to providing solutions for its partners and end investors. OppenheimerFunds, including its subsidiaries, manages more than $261 billion in assets for over 13 million shareholder accounts, including sub-accounts, as of January 31, 2018.
Founded in 1959, OppenheimerFunds is an asset manager with a history of providing innovative strategies to its investors. The firm’s 16 investment management teams specialize in equity, fixed income, alternative, multi-asset, and factor and revenue-weighted ETF strategies, including ESG as a signatory of the UN PRI. OppenheimerFunds and its subsidiaries offer a broad array of products and services to clients, who range from pensions and endowments to financial advisors and individual investors. OppenheimerFunds and certain of its subsidiaries provide advisory services to the Oppenheimer family of funds, and OFI Global Asset Management offers solutions to institutions. The firm is also active through its Philanthropy & Community initiative: 10,000 Kids by 2020, reaching children with introductions to math literacy programs.