Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Oppenheimer Will Raise Investment Minimum on Two Funds Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, February 27, 2006

Oppenheimer Will Raise Investment Minimum on Two Funds

by: Marie Glancy

As of March 6, 2006, OppenheimerFunds will raise the investment minimums of two burgeoning funds to $50,000, according to Morningstar’s Web site.

OFI spokesperson Jeaneen Pisarra confirmed to InvestmentWires that Oppenheimer Developing Markets (ODMAX) and Oppenheimer International Small Company (OSMAX) will be restricted to large investors and those already holding 401(k) accounts with OppenheimerFunds.

Both funds are substantially invested in emerging markets, and both have posted remarkably strong performances in recent months. ODMAX has grown almost fourfold, to $9 billion, during manager Mark Madden’s nineteen-month tenure. OSMAX, a small- and micro-cap specialist, now represents $1.5 billion in assets – a large ship to steer for a fund in this category.

Such strong results illustrate how attractive emerging markets have been for some time. ODMAX and OSMAX have holdings in such up-and-coming markets as India, Brazil, China, and Korea.  

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2019
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use