UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Notice of Effectiveness
Effectiveness Date: October 2, 2006
Accession Number: 0000728889-06-000831
Submission Type: 485APOS
CIK: 0001018862
Company Name: OPPENHEIMER REAL ASSET FUND
File Number: 333-14087
REFERENCED SERIES/CLASSES (CONTRACTS)
Series ID
Class/Contract Name
S000008478 OPPENHEIMER REAL ASSET FUND
C000023245 A
C000023246 B
C000023247 C
C000023248 N
C000023249 Y