<SEC-DOCUMENT>0001193125-19-012384-index.html : 20190118
<SEC-HEADER>0001193125-19-012384.hdr.sgml : 20190118
<ACCEPTANCE-DATETIME>20190118111005
ACCESSION NUMBER:		0001193125-19-012384
CONFORMED SUBMISSION TYPE:	497K
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20190118
DATE AS OF CHANGE:		20190118
EFFECTIVENESS DATE:		20190118

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:		497K
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	002-93177
		FILM NUMBER:		19532529

	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
<SERIES-AND-CLASSES-CONTRACTS-DATA>
<EXISTING-SERIES-AND-CLASSES-CONTRACTS>
<SERIES>
<OWNER-CIK>0000752737
<SERIES-ID>S000042879
<SERIES-NAME>Oppenheimer Global Multi-Alternatives Fund/VA
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000132845
<CLASS-CONTRACT-NAME>Non-Service Class
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000132846
<CLASS-CONTRACT-NAME>Service Class
</CLASS-CONTRACT>
</SERIES>
</EXISTING-SERIES-AND-CLASSES-CONTRACTS>
</SERIES-AND-CLASSES-CONTRACTS-DATA>
</SEC-HEADER>
<DOCUMENT>
<TYPE>497K
<SEQUENCE>1
<FILENAME>d688679d497k.htm
<DESCRIPTION>OPPENHEIMER GLOBAL MULTI-ALTERNATIVES/VA
<TEXT>
Document 1 - file: d688679d497k.htm

</DOCUMENT>
</SEC-DOCUMENT>