Oppenheimer Global Multi Strategies Fund

U.S. News evaluated 120 Multialternative Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 7.79 percent over the past year, 0.31 percent over the past three years, and 1.59 percent over the past five years.

Trailing Returns Updated 06.30.2014
Year to date 4.0%
1 Year 7.8%
3 Years (Annualized) 0.3%
5 Years (Annualized) 1.6%
10 Years (Annualized) N/A

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Summary

The investment seeks total return. The fund will generally take long positions in investments that the manager believes to be undervalued and short positions in investments that the manager believes to be overvalued or which are established for hedging purposes. It is not required to allocate its investments among equity securities, fixed-income securities, or derivative investments in any fixed proportion. The fund may invest a substantial portion of its assets (generally, more than half its total assets) in foreign securities, including securities of companies in developing or emerging markets. It will invest in at least three countries.

Fees

Fees are Low compared to funds in the same category.
Oppenheimer Global Multi Strategies Fund has an expense ratio of 2.22 percent.

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Risk

Risk is Average compared to funds in the same category according to Morningstar.

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