OPPENHEIMER GLOBAL FUND
497, 1995-04-21
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                         OPPENHEIMER GLOBAL FUND
                 Supplement Dated April 20, 1995 to the
                    Prospectus Dated February 1, 1995


The Prospectus is amended as follows:

1.   The supplement dated March 31, 1995, to the Prospectus is corrected
and replaced by this supplement.

2.   Under  "Expenses" on page 2, the chart "Shareholder Transaction
Expenses" is amended by deleting the references to the $5.00 fee for
"Exchanges"  and inserting "None" on that line under the headings for
Class A Shares and Class B Shares; existing footnote 2 is deleted from
that chart.  A new line entitled "Redemption Fee" is added to the chart
with the word "None" under the headings for Class A and Class B shares,
with a reference to a new footnote (2) after each, and the footnote is
added under the chart as follows: "(2) There is a $10 transaction fee for
redemptions paid by Federal Funds wire, but not for redemptions paid by
check or by ACH wire through AccountLink (see 'How To Sell Shares')."

3.   Under "How Much Do You Plan to Invest?" in "How to Buy Shares" on
page 15, the  third paragraph is amended to read as follows:

     For investors who invest $500,000 or more, in most cases Class
     A shares will be the more advantageous choice, no matter how
     long you intend to hold your shares. For that reason, the
     Distributor normally will not accept purchase orders of $500,000
     or more for Class B shares from a single investor. 

4.   Under "Waivers of Class A Sales Charges" in "Reduced Sales Charges
for Class A Share Purchases" on page 18,  the first sentence in the second
paragraph of that subsection is amended by adding a new section (d) after
section (c) as follows:

     . . . . or (d) purchased and paid for with the proceeds of
     shares redeemed in the prior 12 months from a mutual fund on
     which an initial sales charge or contingent deferred sales
     charge was paid (other than a fund managed by the Manager or any
     of its affiliates) (this waiver must be requested when the
     purchase order is placed for your shares of the Fund, and the
     Distributor may require evidence of your qualification for this
     waiver).



                                                   (continued)<PAGE>
5.   The subheading "Telephone Redemptions Through AccountLink" on page
23 under "How To Sell Shares" is amended to read "Telephone Redemptions
Through AccountLink or By Wire," and a second paragraph is added to that
sub-section as follows:

     Shareholders may also have the Transfer Agent send redemption
     proceeds of $2,500 or more by Federal Funds wire to a designated
     commercial bank account. The bank must be a member of the
     Federal Reserve wire system.  There is a $10 fee for each
     Federal Funds wire.  To place a wire redemption request, call
     the Transfer Agent at 1-800-852-8457. The wire will normally be
     transmitted on the next bank business day after the shares are
     redeemed. There is a possibility that the wire may be delayed
     up to seven days to enable the Fund to sell securities to pay
     the redemption proceeds. No dividends are accrued or paid on the
     proceeds of shares that have been redeemed and are awaiting
     transmittal by wire. To establish wire redemption privileges on
     an account that is already established, please contact the
     Transfer Agent for instructions.

6.   In the first paragraph of the section "How To Exchange Shares" on
page 23, the second and third sentences are deleted.

April 20, 1995



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