-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: keymaster@town.hall.org Originator-Key-Asymmetric: MFkwCgYEVQgBAQICAgADSwAwSAJBALeWW4xDV4i7+b6+UyPn5RtObb1cJ7VkACDq pKb9/DClgTKIm08lCfoilvi9Wl4SODbR1+1waHhiGmeZO8OdgLUCAwEAAQ== MIC-Info: RSA-MD5,RSA, Wj83GB+GYeZ7PKgJSNxBdIt12RZsSI8+cDBbnHdg0R4Vr17UPHpyw5KMBs4N2qUz 1lz5lo1Nm6FGwrKCGh1gaQ== 0000752737-94-000002.txt : 19940302 0000752737-94-000002.hdr.sgml : 19940302 ACCESSION NUMBER: 0000752737-94-000002 CONFORMED SUBMISSION TYPE: 24F-2NT PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19931231 FILED AS OF DATE: 19940228 FILER: COMPANY DATA: COMPANY CONFORMED NAME: OPPENHEIMER VARIABLE ACCOUNT FUNDS CENTRAL INDEX KEY: 0000752737 STANDARD INDUSTRIAL CLASSIFICATION: 0000 IRS NUMBER: 840860234 STATE OF INCORPORATION: CO FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 24F-2NT SEC ACT: 33 SEC FILE NUMBER: 002-93177 FILM NUMBER: 94513566 BUSINESS ADDRESS: STREET 1: 3410 S GALENA ST CITY: DENVER STATE: CO ZIP: 80231 BUSINESS PHONE: 3036713200 FORMER COMPANY: FORMER CONFORMED NAME: OPPENHEIMER VARIABLE LIFE FUNDS DATE OF NAME CHANGE: 19860609 24F-2NT 1 OPPENHEIMER VARIABLE ACCOUNT FUNDS, 24F-2 NOTICE Rule 24f-2 Notice for Oppenheimer Variable Account Funds 3410 South Galena Street, Denver, Colorado 80231 (Registration No. 2-93177, File No. 811-4108) NOTICE IS HEREBY GIVEN that Oppenheimer Variable Account Funds, having previously filed in its registration statement a declaration that an indefinite number of its shares of beneficial interest were being registered pursuant to Rule 24f-2 of the Investment Company Act of 1940, now elects to continue such indefinite registration. (i) This Notice is being filed for the fiscal year ended December 31, 1993 with respect to Oppenheimer Money Fund, Oppenheimer High Income Fund, Oppenheimer Bond Fund, Oppenheimer Capital Appreciation Fund, Oppenheimer Growth Fund, Oppenheimer Multiple Strategies Fund, Oppenheimer Global Securities Fund and Oppenheimer Strategic Bond Fund. (ii) Shares which had been registered other than pursuant to this Rule remaining unsold at the beginning of the above fiscal year were as follows: Oppenheimer Money Fund 35,525,739 Oppenheimer High Income Fund 147,390 Oppenheimer Bond Fund -0- Oppenheimer Capital Appreciation Fund -0- Oppenheimer Growth Fund -0- Oppenheimer Multiple Strategies Fund -0- Oppenheimer Global Securities Fund -0- Oppenheimer Strategic Bond Fund -0- (iii) Shares registered other than pursuant to this Rule during the above fiscal year were as follows: Oppenheimer Money Fund 3,157,156 Oppenheimer High Income Fund -0- Oppenheimer Bond Fund -0- Oppenheimer Capital Appreciation Fund -0- Oppenheimer Growth Fund -0- Oppenheimer Multiple Strategies Fund -0- Oppenheimer Global Securities Fund -0- Oppenheimer Strategic Bond Fund -0- (iv) The number of shares sold during the above fiscal year for each portfolio was as follows: (1) Oppenheimer Money Fund 102,985,240 Oppenheimer High Income Fund 10,942,819 Oppenheimer Bond Fund 4,694,025 Oppenheimer Capital Appreciation Fund 4,925,361 Oppenheimer Growth Fund 3,164,464 Oppenheimer Multiple Strategies Fund 6,332,739 Oppenheimer Global Securities Fund 4,921,273 Oppenheimer Strategic Bond Fund* 2,316,566 (v) The number of shares sold during the above fiscal year for each portfolio in reliance upon registration pursuant to this Rule was as follows: Oppenheimer Money Fund 101,836,198 Oppenheimer High Income Fund 10,795,429 Oppenheimer Bond Fund 4,694,025 Oppenheimer Capital Appreciation Fund 4,925,361 Oppenheimer Growth Fund 3,164,464 Oppenheimer Multiple Strategies Fund 6,332,739 Oppenheimer Global Securities Fund 4,921,273 Oppenheimer Strategic Bond Fund* 2,316,566 Pursuant to the requirements of the Investment Company Act of 1940, the undersigned registrant has caused this notice to be signed on its behalf this 25th day of February, 1994. Oppenheimer Variable Account Funds By /s/ Robert G. Zack ----------------------------------- Robert G. Zack, Assistant Secretary _____________ (1) The calculation of the aggregate sales price is made pursuant to Rule 24f-2 of the Investment Company Act of 1940. Based upon an actual aggregate sales price for which securities of each portfolio were sold during the previous fiscal year as shown below, reduced by an actual aggregate redemption price of securities of each portfolio of the issuer redeemed during such previous fiscal year as shown below, a total fee of $86,681 is enclosed. Shares previously registered for Oppenheimer Money Fund remaining unsold at 12/31/93 total 37,533,853. No shares of Oppenheimer High Income Fund previously registered remain unsold at 12/31/93. * For the period from May 3, 1993 (commencement of operations) to December 31, 1993.
Difference Between Value Value of of Shares Sold Value of Shares and Value of Shares Sold Redeemed Shares RedeemedFee Oppenheimer Money Fund $102,985,240 ($101,836,198) $ 1,149,508 $ -0- (1) Oppenheimer High Income Fund $113,254,844 ($ 76,976,837) $36,278,007 $11,985 (2) Oppenheimer Bond Fund $ 53,668,794 ($ 15,753,286) $37,915,508 $13,074 Oppenheimer Capital Appreciation Fund $134,864,285 ($106,719,894) $28,144,391 $ 9,705 Oppenheimer Growth Fund $ 53,547,991 ($ 36,823,721) $16,724,270 $ 5,767 Oppenheimer Multiple Strategies Fund $ 84,477,261 ($ 23,415,881) $61,061,380 $21,056 Oppenheimer Global Securities Fund $ 68,947,505 ($ 5,789,067) $63,158,438 $21,779 Oppenheimer Strategic Bond Fund $ 11,749,598 ($ 2,133,050) $ 9,616,548 $ 3,316 Total Fee $86,681 ======= ________________ (1) Using 1,149,042 shares previously registered valued at $1,149,042. (2) Using 147,390 shares previously registered valued at $1,523,224.
MYER, SWANSON & ADAMS, P.C. Attorney At Law The Colorado State Bank Building 1600 Broadway - Suite 1850 Denver, Colorado 80202-4918 Telephone (303) 866-9800 Facsimile (303) 866-9818 February 23, 1994 Oppenheimer Variable Account Funds 3410 South Galena Street Denver, Colorado 80231 Gentlemen: In connection with the public offering of the no par value shares of Oppenheimer Variable Account Funds, a business trust organized under the laws of the Commonwealth of Massachusetts (the "Trust"), as counsel for the Trust, we have examined such records and documents and have made such further investigation and examination as we deem necessary for the purpose of this opinion. As of the end of its fiscal year, the Trust was composed of eight separate series, the Oppenheimer Money Fund, Oppenheimer Bond Fund, Oppenheimer Growth Fund, Oppenheimer Global Securities Fund, Oppenheimer High Income Fund, Oppenheimer Multiple Strategies Fund, Oppenheimer Strategic Bond Fund, and Oppenheimer Capital Appreciation Fund. Each series sells its shares separately to separate accounts offered by various life insurance companies pursuant to separate registration statements and prospectuses. We are advised that during the year ending December 31, 1993, the following shares of beneficial interest in each series of the Trust were sold in reliance on the registration of an indefinite number of shares pursuant to Rule 24f-2 of the Investment Company Act of 1940: Oppenheimer Oppenheimer Oppenheimer Money Fund Bond Fund Growth Fund 101,836,198 4,694,025 3,164,464 Oppenheimer High Oppenheimer Capital Oppenheimer Multiple Income Fund Appreciation Fund Strategies Fund 10,795,429 4,925,361 6,332,739 Oppenheimer Global Oppenheimer Strategic Securities Fund Bond Fund 4,921,273 2,316,566 It is our opinion that the said shares of beneficial interest in each series sold by the Trust in reliance on Rule 24f-2 of the Investment Company Act of 1940 are legally issued and, subject to the matters mentioned in the next paragraph, fully paid and nonassessable by the Trust. Under Massachusetts law, shareholders of the Trust may, under certain circumstances, be held personally liable as partners for the obligations of the Trust. The Declaration of Trust does, however, contain an express disclaimer of shareholder liability for acts or obligations of the Trust and requires that notice of such disclaimer be given in each agreement, obligation, or instrument entered into or executed by the Trust or the Trustees. The Declaration of Trust provides for indemnification out of the trust property of any shareholder held personally liable for the obligations of the Trust. The Declaration of Trust also provides that the Trust shall, upon request, assume the defense of any claim made against any shareholder for any act or obligation of the Trust and satisfy any judgment thereon. Sincerely, /s/ Allan B. Adams Allan B. Adams of MYER, SWANSON, & ADAMS, P.C. -----END PRIVACY-ENHANCED MESSAGE-----