Guide To Oppenheimer International Diversified A Fund (OIDAX)

Oppenheimer International Diversified A (OIDAX) a Zacks Rank #1 (Strong Buy) invests in a minimum of three of the underlying funds and will not invest more than 50% of its net assets in any single underlying fund.

This Non US - Equity fund, as of the last filing, allocates their fund in three major groups; Foreign Stock, Foreign Bond and Large Growth. Further, as of the last filing, OPPENHEIMER INT'L GROWTH, OPPENHEIMER INTERNATIONAL and OPPENHEIMER MASTER INTL VALUE were the top holdings for OIDAX.

The Oppenheimer International Diversified A fund, managed by Oppenheimer, carries an expense ratio of 0.65%. Moreover, OIDAX requires a minimal initial investment of $1,000.

OIDAX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 6.39%, 3 year 4.34% and 5 year 6.07%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here.

OIDAX’s performance, as of the last filing, when compared to funds in its category was in the top 33% in 1 year, top 20% over the past 3 years, and in the 18% over the past 5 years.

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