Before you invest, you may want to review the Fund’s prospectus, which contains more information about the Fund and its risks. You can find the Fund’s prospectus, Statement of Additional Information, Annual Report and other information about the Fund online at https://www.oppenheimerfunds.com/fund/MainStreetSmallCapFundVA. You can also get this information at no cost by calling 1.800.225.5677 or by sending an email request to: info@oppenheimerfunds.com. |
Non-Service | Service | ||
Maximum Sales Charge (Load) imposed on purchases (as % of offering price) | None | None | |
Maximum Deferred Sales Charge (Load) (as % of the lower of original offering price or redemption proceeds) | None | None |
Non-Service Shares | Service Shares | ||
Management Fees | 0.69% | 0.69% | |
Distribution and/or Service (12b-1) Fees | None | 0.25% | |
Other Expenses | 0.12% | 0.12% | |
Total Annual Fund Operating Expenses | 0.81% | 1.06% | |
Fee Waiver and/or Expense Reimbursement* | (0.01)% | (0.01)% | |
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement | 0.80% | 1.05% |
* | After discussions with the Fund’s Board, the Manager has contractually agreed to waive fees and/or reimburse the Fund for certain expenses in order to limit “Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement” (excluding any applicable dividend expense, taxes, interest and fees from borrowing, any subsidiary expenses, Acquired Fund Fees and Expenses, brokerage commissions, unusual and infrequent expenses and certain other Fund expenses) to annual rates of 0.80% for Non-Service Shares and 1.05% for Service Shares as calculated on the daily net assets of the Fund. This fee waiver and/or expense reimbursement may not be amended or withdrawn for one year from the date of this prospectus, unless approved by the Board. |
1 Year | 3 Years | 5 Years | 10 Years | ||
Non-Service Shares | $82 | $259 | $450 | $1,005 | |
Service Shares | $108 | $338 | $587 | $1,300 |
■ | aims to maintain broad diversification across all major economic sectors; |
■ | uses a fundamental approach to analyze issuers based on factors such as a company’s financial performance, competitive strength, industry position, business practices and management; |
■ | also uses quantitative models, including sector-specific factors, to rank securities within each economic sector: and |
■ | considers market trends, current industry outlooks and general economic conditions. |
1 Year | 5 Years | 10 Years | ||
Non-Service Shares (inception 5/1/1998) | 18.05% | 15.65% | 7.72% | |
Service Shares (inception 7/16/2001) | 17.67% | 15.34% | 7.45% | |
Russell 2000 Index | 21.31% | 14.46% | 7.07% | |
(reflects no deduction for fees, expenses, or taxes) |
Telephone: | Call OppenheimerFunds Services toll-free: 1.800.988.8287 | |
Mail: | For requests by mail: OppenheimerFunds Services P.O. Box 5270 Denver, Colorado 80217-5270 | For requests by courier or express mail: OppenheimerFunds Services 12100 East Iliff Avenue Suite 300 Aurora, Colorado 80014 |
Internet: | You may request documents, and read or download certain documents at www.oppenheimerfunds.com |
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