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Top Oppenheimer Funds – Mutual Fund Education

Source: http://www.zacks.com/stock/news/20912/Top+Oppenheimer+Funds+-+Mutual+Fund+Education
Posted on Tuesday, June 9th, 2009 | In Market Commentary, Stocks to Watch
Contributed by: Zacks Market Commentaries (http://www.zacks.com/) -

Oppenheimer Global Opportunities A (OPGIX) seeks capital appreciation, consistent with preservation of principal, while providing current income.

The fund invests in securities issued by U.S. and foreign companies that may provide the best potential to help long-term investors reach their goals. As a fundamental policy, it normally invests in at least four countries.

Frank V. Jennings has managed the fund since October 1995. The fund offers dividends and capital gains annually.

Oppenheimer Main Street Opportunity A (OMSOX) was incepted in September 2000 and seeks long-term capital appreciation.

The fund has a broadly diversified stock exposure across an opportunistic mix of larger and smaller companies. As of January 2009, its portfolio turnover was 123%.

ExxonMobil Corp. (XOM), Chevron Corp. (CVX) and Microsoft Corp. (MSFT) are among the fund’s key holdings.

Oppenheimer Quest Opportunity Value A (QVOPX) seeks growth of capital by investing in companies with strong earnings power combined with reasonable valuations.

The fund’s assets are opportunistically allocated among stocks and bonds. It may also hold short positions and investments in alternative assets. While the fund typically invests less than 10% of its assets in foreign securities, it is not restricted to any amount.

Unit holders have to make a minimum initial investment of $1,000 to enter this Zacks#1 Rank (”Strong Buy”) fund. The fund has topped the total returns of its benchmark index in the last 1-, 3- and 5-year periods.

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