OPPENHEIMER GLOBAL GROWTH & INCOME FUND
Supplement dated November 1, 1994 to the
Prospectus dated January 20, 1994
The Prospectus is amended as follows:
1. The Fund's supplement dated October 1, 1994 and the additional
commission arrangement it describes are superceded by this supplement.
2. The following text is added below the Class A sales charge table
in "Class A Shares" on page 15 of the Prospectus:
In addition to paying dealers the regular commission for
sales of Class A shares stated in the sales charge table in
"Class A Shares," the Distributor will pay the following
additional commission:
A. For shares of the Fund sold in "previous qualifying
transactions" from October 1, 1994, through October 31, 1994,
the Distributor will pay: (1) 1.00% of the offering price of
Class A shares and (2) .50% of the offering price of Class B
shares of other Funds sold by a registered representative of a
participating broker or dealer or a sales representative of a
participating financial institution that has a sales agreement
with the Distributor. "Previous qualifying transactions" are
sales by a registered representative or sales representative in
the amount of $100,000 or more (calculated at offering price)
of Class A and/or Class B shares (if available) of any one or
more of the following OppenheimerFunds: the Fund, Oppenheimer
Global Fund, Oppenheimer Growth Fund, and Oppenheimer Strategic
Income Fund. "Previous qualifying transactions" do not include
sales of Class A shares (a) at net asset value without sales
charge, (b) subject to a contingent deferred sales charge, or
(c) intended but not yet transacted under a Letter of Intent.
B. For shares of the Fund sold in "current qualifying
transactions" from November 1, 1994, through December 31, 1994,
the Distributor will pay: (1) 1.00% of the offering price of
Class A shares, (2) on each sale of Class A shares made pursuant
to the sales charge waiver arrangement described below in
section 3 of this supplement, 1.00% of the first $2.5 million,
plus .50% of the next $2.5 million, plus .25% of share purchases
over $5 million; if such shares are redeemed less than eighteen
months after the date such shares were sold, the Distributor is
entitled to recover from the dealer or broker on demand this
additional commission, and (3) .50% of the offering price of
Class B shares of other Funds sold by a registered
representative of a participating broker or dealer or a sales
representative of a participating financial institution that has
a sales agreement with the Distributor. "Current qualifying
transactions" are sales by a registered representative or sales
representative in the amount of $100,000 or more (calculated at
offering price) of Class A and/or Class B shares (if available)
of any one or more of the following OppenheimerFunds: the Fund,
Oppenheimer Global Fund, Oppenheimer Growth Fund, Oppenheimer
Champion High Yield Fund, Oppenheimer Limited-Term Government
Fund, Oppenheimer Main Street Income & Growth Fund and
Oppenheimer Strategic Income Fund. The $100,000 requirement in
this and in the preceding paragraph is satisfied if the
aggregate of "previous qualifying transactions" and "current
qualifying transactions" equals or exceeds $100,000. "Current
qualifying transactions" do not include sales of Class A shares
(a) at net asset value without sales charge (except as described
above in this supplement), (b) subject to a contingent deferred
sales charge (although such sales are included for purposes of
satisfying the $100,000 requirement), or (c) intended but not
yet transacted under a Letter of Intent.
3. The following text is added after the first sentence of the
subsection captioned "Other Circumstances" on page 17:
In addition, no initial or deferred sales charge will be imposed
on Class A shares of the Fund paid for with the redemption
proceeds of shares of a mutual fund other than a money market
fund or a fund managed by the Manager or its affiliates. This
sales charge waiver must be requested when you buy your shares,
and the Distributor may require evidence of qualification for
this waiver.
November 1, 1994 PS215.1194
