3 Oppenheimer Mutual Funds for Stunning Gains – August 1, 2018

OppenheimerFunds is a subsidiary of MassMutual, which is one of the leading asset managers, with around $600 billion assets under management along with its affiliates. OppenheimerFunds was founded in 1959 and has over 2,000 employees and 170 investment professionals serving clients, including financial advisors, individual investors and institutional investors, across 77 countries. It has more than $246 billion worth of assets (as of Jun 29, 2018) under management invested in 76 mutual funds across a wide range of categories, including equity, fixed income, alternative and multi asset funds.

Below we share with you three top-ranked Oppenheimer mutual funds. Each has earned a Zacks #1 Rank (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of Oppenheimer funds.

Oppenheimer Global A (OPPAX Free Report) seeks growth of capital. OPPAX invests in both domestic and foreign companies, with special focus mainly on foreign issuers, including those from developed and emerging markets. The fund normally invests in more than three countries. At present, OPPAX focuses on investing in developed markets like the Western European countries, United States and Japan. Oppenheimer Global A has three-year annualized returns of 9.4%.

As of June 2018, OPPAX held 82 issues, with 6.11% of its assets invested in Alphabet Inc A.

Oppenheimer Gold & Special Minerals A (OPGSX Free Report) invests primarily in common stocks of companies engaged in processing, mining and dealing in gold, gold bullion and precious metals-based ETFs. OPGSX invests not more than one-fourth of its assets in the Oppenheimer Gold & Special Minerals Fund (Cayman) Ltd. Oppenheimer Gold & Special Minerals A has three-year annualized returns of 10.6%.

OPGSX has an expense ratio of 1.15% compared with the category average of 1.36%.

Oppenheimer International Small-Mid Company A (OSMAX Free Report) invests a large chunk of its assets in equity securities of mid- and small-cap companies. The fund manager focuses on investing in those companies that are included on the MSCI All Country World (ACWI) ex-U.S. SMID Index. OSMAX seeks growth of capital. Oppenheimer International Small-Mid Company A has one-year annualized returns of 14.3%.

Rezo Kanovich is the fund manager of OSMAX since January 2012.

To view the Zacks Rank and past performance of all Oppenheimer Mutual Funds, investors can click here to see the complete list of funds.

Want key mutual fund info delivered straight to your inbox?

Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>

Source link

Share with your friends!

Products You May Like

Leave a Reply

Your email address will not be published. Required fields are marked *

Get The Latest Investing Tips
Straight to your inbox

Subscribe to our mailing list and get interesting stuff and updates to your email inbox.