0000728889-13-000792.txt : 20130529 0000728889-13-000792.hdr.sgml : 20130529 20130529170430 ACCESSION NUMBER: 0000728889-13-000792 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20130529 DATE AS OF CHANGE: 20130529 EFFECTIVENESS DATE: 20130529 FILER: COMPANY DATA: COMPANY CONFORMED NAME: OPPENHEIMER VARIABLE ACCOUNT FUNDS CENTRAL INDEX KEY: 0000752737 IRS NUMBER: 840974272 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-93177 FILM NUMBER: 13878918 BUSINESS ADDRESS: STREET 1: 6803 SOUTH TUCSON WAY CITY: CENTENNIAL STATE: CO ZIP: 80112-3924 BUSINESS PHONE: 3036713200 MAIL ADDRESS: STREET 1: 6803 SOUTH TUCSON WAY CITY: CENTENNIAL STATE: CO ZIP: 80112-3924 FORMER COMPANY: FORMER CONFORMED NAME: OPPENHEIMER VARIABLE LIFE FUNDS DATE OF NAME CHANGE: 19860609 0000752737 S000010334 Oppenheimer Capital Appreciation Fund C000028592 Non-Service C000028593 Service 497 1 sticker.htm

OPPENHEIMER CAPITAL APPRECIATION FUND/VA

Supplement dated May 29, 2013 to the

Prospectus dated April 30, 2013

 

This supplement amends the Prospectus of Oppenheimer Capital Appreciation Fund/VA (the “Fund”) dated April 30, 2013.

 

Effective May 31, 2013:

 

1.The section titled “Portfolio Managers,” on page 5, is deleted in its entirety and is replaced with the following:

 

Portfolio Manager. Michael Kotlarz has been portfolio manager and Vice President of the Fund since June 2012.

 

2.The section titled “The Portfolio Managers,” on page 8 of the Prospectus, is deleted in its entirety and is replaced with the following

 

Portfolio Manager.  The Fund's portfolio is managed by Michael Kotlarz, who is primarily responsible for the day-to-day management of the Fund's investments. Mr. Kotlarz has been a portfolio manager and Vice President of the Fund since June 2012.

Mr. Kotlarz joined the Sub-Adviser as a Vice President and Senior Research Analyst in March 2008. Prior to joining the Sub-Adviser, he was a Managing Director of Equity Research at Ark Asset Management from March 2000 to March 2008. Mr. Kotlarz is a portfolio manager and officer of other portfolios in the OppenheimerFunds complex.

The Statement of Additional Information provides additional information about portfolio manager compensation, other accounts managed and ownership of Fund shares.

 

 

May 29, 2013 PS0610.003