OppenheimerFunds International Equity Fund Named to Q1 2018 Schwab Mutual Fund OneSource Select List®

NEW YORK, Feb. 21, 2018 /PRNewswire/ -- 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.

About OppenheimerFunds

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.

Web:  oppenheimerfunds.com
Tweets:  twitter.com/OppFunds
Podcasts:  oppenheimerfunds.com/advisors/podcasts

Shares of Oppenheimer funds are not deposits or obligations of any bank, are not guaranteed by any bank, are not insured by the FDIC or any other agency, and involve investment risks, including the possible loss of the principal amount invested.

These views represent the opinions of OppenheimerFunds and are not intended as investment advice or to predict or depict the performance of any investment. These views are as of the date of this publication and are subject to change based on subsequent developments.

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. Investments in securities of growth companies may be volatile. 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. Investing significantly in a particular region, industry, sector or issuer may increase volatility and risk.

Small and 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 small-sized company, if any gain is realized at all. Investments in securities of growth companies may be volatile. Investing in MLPs involves additional risks as compared to the risks of investing in common stock, including risks related to cash flow, dilution and voting rights. The Fund may invest no more than 25% of total assets in MLPs. Energy infrastructure companies are subject to risks specific to the industry such as fluctuations in commodity prices, reduced volumes of natural gas or other energy commodities, environmental hazards, changes in the macroeconomic or the regulatory environment or extreme weather. MLPs may trade less frequently than larger companies due to their smaller capitalizations which may result in erratic price movement or difficulty in buying or selling. Below-investment-grade ("high yield" or "junk") bonds are more at risk of default and are subject to liquidity risk. 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. The Fund is classified as a "non-diversified" fund and may invest a greater portion of its assets in the securities of a single issuer.

Investments in mining and metal industry companies are speculative and may be subject to volatility. 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. Large sector holdings may expose investors to greater volatility and special risks associated with that sector. Investments in securities of growth companies may be volatile. Derivative instruments entail higher volatility and risk of loss compared to traditional stock or bond investments.  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. Gold ETFs involve additional fees and risks. The Fund is classified as a "non-diversified" fund and may invest a greater portion of its assets in the securities of a single issuer. The Fund may also invest through a wholly-owned Cayman Islands subsidiary, which involves the risk that changes to the laws of the Cayman Islands could negatively affect the Fund.

Before investing in any of the Oppenheimer funds, investors should carefully consider a fund's investment objectives, risks, charges and expenses. Fund prospectuses and summary prospectuses contain this and other information about the funds, and may be obtained by asking your financial advisor, visiting oppenheimerfunds.com or calling 1.800.CALL OPP (225.5677). Read prospectuses and summary prospectuses carefully before investing.

Schwab Mutual Fund OneSource Select List® is a registered mark of Charles Schwab & Co., Inc. and used with permission.

Charles Schwab Investment Advisory is an affiliate of Charles Schwab & Co.,Inc.

Any information provided by OppenheimerFunds should not be considered either a recommendation by Schwab or a solicitation of any offer to purchase or sell any securities, and Schwab makes no representations regarding OppenheimerFunds International Equity Fund (QIVAX) content.

Charles Schwab & Co., Inc., member SIPC, receives remuneration from fund companies participating in Schwab's Mutual Fund OneSource® service for record keeping, shareholder services and other administrative services. Schwab also may receive remuneration from transaction fee fund companies for certain administrative services.

NOT FDIC INSURED ? NOT BANK GUARANTEED ? MAY LOSE VALUE

Member FINRA/SIPC

SOURCE OppenheimerFunds