OPPENHEIMER REAL ASSET FUND
Supplement dated March 10, 1999 to the
Prospectus dated November 30, 1998
The Prospectus is changed as follows:
1. The phrase "to the 26 commodities" in the first sentence of the fifth
paragraph under "Investment Objects and Policies" on page 8 is deleted
and replaced with the phrase "among the individual commodities."
2. The word "can" is deleted from the second sentence of the last paragraph
on page 15 and replaced with the word "will."
3. The phrase "26 commodities" in the last sentence of the last paragraph
under "Performance of the Fund" on page 23 is deleted and replaced with
the phrase "various commodities."
4. The first sentence of the first paragraph under "Dividends, Capital Gains
and Taxes" on page 45 is deleted and replaced with the following
sentence: "The Fund declares dividends separately for each class of
shares from net investment income, if any, quarterly and pays dividends
to shareholders quarterly, on a date selected by the Board of Trustees."
March 10, 1999 PSO735.007
