OPPENHEIMER TRINITY VALUE FUND
Supplement dated October 19, 1999 to the
Prospectus dated August 30 1999
The Prospectus is changed as follows:
1. The last sentence of the fist paragraph of section entitled "At What Price
Are Shares Sold?" on page 13 is deleted.
2. The third sentence of the first paragraph in the section entitled "Class A
Contingent Deferred Sales Charge" on page 17 is revised to read as follows:
For those retirement plan accounts, the commission is 1.0% of the first
$2.5 million, plus 0.50% of the next $2.5 million, plus 0.25% of purchases
over $5 million, calculated on a calendar year basis.
3. The second sentence of the footnote under the contingent deferred sales
charge table in the section entitled "How Can I Buy Class B Shares?" on page
18 is revised to read as follows:
In applying the contingent deferred sales charge, all purchases are
considered to have been made on the first regular business day of the
month in which the purchase was made.
October 19, 1999 PS0381.003
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OPPENHEIMER TRINITY VALUE FUND
Supplement dated October 19, 1999 to the
Statement of Additional Information dated August 30, 1999
The Statement of Additional Information is changed as follows:
1. The asterisk (*) after Donald W. Spiro's name on page 12 is deleted.
2. The second, third and fourth sentences of the section entitled "How to Buy
Shares-AccountLink" on page 26 are revised to read as follows:
Shares will be purchased on the regular business day you instruct the
Distributor to initiate the Automated Clearing House ("ACH") transfer to
buy the shares. Dividends will begin to accrue on shares purchased with
the proceeds of ACH transfers on the business day the Fund receives
federal funds for the purchase through the ACH system before the close of
The New York Stock Exchange.
3. The third paragraph of the section entitled "How to Exchange Shares-How
Exchanges Affect Contingent Deferred Sales Charges," on page 40 is deleted.
4. In Appendix B the section entitled "Waivers of Class A Sales Charges of
Oppenheimer Funds - Waivers of the Class A Contingent Deferred Sales Charge for
Certain Redemptions," on page B-4 the first bullet point is revised as follows:
o To make Automatic Withdrawal Plan payments that are limited annually
to no more than 12% of the account value annually measured at the
time the Plan is established, adjusted annually.
5. In the section entitled "Waivers of Class B and Class C Sales Charges of
Oppenheimer Funds - Waivers for Redemptions in Certain Cases," on page B-6
number 13 under the 7th bullet (for retirement plans) is revised as follows:
(13) For distributions from a participant's account under an Automatic
Withdrawal Plan after the participant reaches age 59 1/2, as long
as the aggregate value of the distributions does not exceed 10% of
the account's value annually (measured from the establishment of the
Automatic Withdrawal Plan, adjusted annually).
6 In the section entitled "Waivers of Class B and Class C Sales Charges of
Oppenheimer Funds - Waivers for Redemptions in Certain Cases," on page B-6 the
following bulleted item is added under number (13):
o Redemptions of Class B shares or Class C shares under an Automatic
Withdrawal Plan from an account other than a Retirement Plan if the
aggregate value of the redeemed shares does not exceed 10% of the
account's value annually.
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7 In the section entitled "Waivers of Class B and Class C Sales Charges of
Oppenheimer Funds - Waivers for Shares Sold or Issued in Certain Transactions,"
on page B-6 the following bulleted item is added at the end of the section:
o Shares sold to present or former officers, directors, trustees or
employees (and their "immediate families" as defined above in Section
I.A.) of the Fund, the Manager and its affiliates and retirement
plans established by them for their employees.
8 In the section entitled "Class A, Class B and Class C Contingent Deferred
Sales Charge Waivers - Waivers for Redemptions of Shares Purchased Prior to
March 6, 1995," on page B-8 the first bullet point is revised to read as
follows:
o withdrawals under an automatic withdrawal plan holding only either
Class B or Class C shares if the annual withdrawal does not exceed
10% of the initial value of the account, and
9 In the section entitled "Class A, Class B and Class C Contingent Deferred
Sales Charge Waivers - Waivers for Redemptions of Shares Purchased on or After
March 6, 1995 but Prior to November 24, 1995," on page B-8 the second bullet is
revised to read as follows:
|_| withdrawals under an automatic withdrawal plan (but only for Class B
or Class C shares) where the annual withdrawals do not exceed 10% of
the initial value of the account value annually measured at the time
the plan is established, adjusted annually; and
October 19, 1999 PX0381.003
