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The Oppenheimer Financials Sector Fund seeks to achieve its investment objective of outperforming the total return performance of the S&P 500 Financials Index by investing in the constituent securities of the S&P 500 Financials Index in the same proportions as the Oppenheimer Financials Sector Index. The S&P 500 Financials Index is a stock market index comprised of large cap companies that Standard & Poor's deems to be part of the financials sector of the United States economy, using the Global Industry Classification Standard. It is a subset of the S&P 500 Index and includes companies involved in activities such as: banking; mortgage finance; consumer finance; specialized finance; investment banking and brokerage; asset management and custody; corporate lending; insurance; financial investment; and real estate, including real estate investment trusts. Under normal circumstances, the Fund will invest at least 80% of its net assets in financials companies included in the S&P 500 Financials Index.