Oppenheimer Global Multi Asset Fund Quote
| QMGIX Fund | USD 11.30 0.03 0.27% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Oppenheimer Global is trading at 11.30 as of the 26th of November 2024; that is 0.27 percent up since the beginning of the trading day. The fund's open price was 11.27. Oppenheimer Global has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Oppenheimer Global Multi Asset are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of January 2023 and ending today, the 26th of November 2024. Click here to learn more.
The fund seeks to achieve its investment objective by investing mainly in a broad range of international equity securities and other types of investments, including derivatives. It may invest without limit in all types of equity securities, including common stock, depositary receipts, and other securities or instruments whose prices are linked to the value of common stock. More on Oppenheimer Global Multi Asset
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Oppenheimer Mutual Fund Highlights
| Fund Concentration | OppenheimerFunds Funds, Large Blend Funds, Foreign Large Blend Funds, Foreign Large Blend, OppenheimerFunds (View all Sectors) |
| Update Date | 30th of September 2024 |
Oppenheimer Global Multi Asset [QMGIX] is traded in USA and was established 26th of November 2024. Oppenheimer Global is listed under OppenheimerFunds category by Fama And French industry classification. The fund is listed under Foreign Large Blend category and is part of OppenheimerFunds family. This fund at this time has accumulated 72.68 M in assets with minimum initial investment of 1000 K. Oppenheimer Global is currently producing year-to-date (YTD) return of 7.13% with the current yeild of 0.05%, while the total return for the last 3 years was 0.02%.
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Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Oppenheimer Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Oppenheimer Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Oppenheimer Global Multi Asset Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Oppenheimer Global Multi Asset Mutual Fund Constituents
| BABA | Alibaba Group Holding | Stock | Consumer Discretionary | |
| LAPXX | Short Term Investment Trust | Money Market Fund | US Money Market Fund | |
| CMCSA | Comcast Corp | Stock | Communication Services | |
| AMZN | Amazon Inc | Stock | Consumer Discretionary | |
| AAPL | Apple Inc | Stock | Information Technology | |
| GOOG | Alphabet Inc Class C | Stock | Communication Services | |
| TRPXX | Short Term Investment Trust | Money Market Fund | US Money Market Fund | |
| JPM | JPMorgan Chase Co | Stock | Financials |
Oppenheimer Global Risk Profiles
| Mean Deviation | 0.6692 | |||
| Standard Deviation | 0.8882 | |||
| Variance | 0.7888 | |||
| Risk Adjusted Performance | (0.04) |
Oppenheimer Global Against Markets
Other Information on Investing in Oppenheimer Mutual Fund
Oppenheimer Global financial ratios help investors to determine whether Oppenheimer Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Oppenheimer with respect to the benefits of owning Oppenheimer Global security.
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