OppenheimerFunds Inc.

Introduction

OppenheimerFunds, Inc. and its controlled affiliates offer a very wide range of products and services to persons, companies and organisations, including mutual funds, separately organised accounts, buying into administration for organisations, qualified retirement plans and subadvisory investment-management services.

Historic Performance

The funds are ranked in descending order according to their total assets as of 31 December, 2003. The biggest of these capital is American Funds EuroPacific Growth with total assets of roughly $33.8 billion. The fund with the highest mean Return is OppenheimerFunds with an average quarterly return of 6.2 per cent. In evaluation, the quarterly mean return of the standard EAFE catalogue is 0.4 per cent and the quarterly mean return of the benchmark S&P500 catalogue is 0.3 per cent. The fund with the largest total risk (measured by the benchmark deviation of comes back) isT. Rowe cost worldwide breakthrough with a quarterly benchmark deviation of 19.0 per cent. Again, in comparison, the standard deviation of the standard EAFE catalogue is 10.5 per cent and the benchmark deviation of the standard S&P500 index is 9.9 per cent. The highest Sharpe measure got (0.54) is by First Eagle Global. In comparison, the Sharpe measure of the benchmark EAFE index is -0.04 and the Sharpe measure of the benchmark S&P500 index is -0.05.

The fund with the highest systematic risk (Beta?=?1.47) is OppenheimerFunds. In comparison, the Beta of the benchmark EAFE catalogue is, by delineation, precisely 1.0. The finance with the largest M squared assess (6.51) is First Eagle Global. In evaluation, the standard EAFE catalogue had an M squared assess of 0.44. The fund with the highest Alpha measure is OppenheimerFunds with Alpha equal to 5.93. The Alpha assess of the standard EAFE catalogue is, by delineation, zero. None of the fund Alphas is significantly distinct from zero. Finally, the fund with the largest Treynor measure (6.63) is First Eagle Global. In comparison, the Treynor measure for the EAFE index is -0.43.

The fund with the highest systematic risk (Beta?=?1.57) is OppenheimerFunds. In comparison, the Beta of the benchmark S&P500 catalogue is, by delineation, precisely 1.0. The finance with the highest M squared assess (6.19) is First Eagle Global. In comparison, the benchmark S&P500 catalogue had an M squared assess of 0.33. The fund with the highest Alpha measure is OppenheimerFunds with Alpha equal to 6.12. The Alpha assess of the standard S&P500 catalogue is, by delineation, zero. None of the fund Alphas is significantly Different from zero. Finally, the fund with the largest Treynor measure (6.55) is First Eagle Global. In comparison, the Treynor measure for the S&P500 index is -0.53.

The only finance that underperforms the EAFE catalogue isT. Rowe Price International Stock. For both indices First Eagle Global has the highest Sharpe and Treynor ranks whereas OppenheimerFunds has the highest Alpha rank. The ranking on the cornerstone of the M squared measure is equal to the ranking on the cornerstone of the Sharpe measure. However, the M squared assess endows us to draw some inferences, which cannot be drawn from the ...