oppenheimer main street small cap fund va a series of variable account funds 1234 december 31 2006 management commentaries and annual report investment strategy discussion listing top holdings performance investments financial statements 2 not part the to shareholders objective seeks capital appreciation average total returns for periods ended 12 06 since inception 1 year 5 98 non service shares 15 00 92 8 95 7 16 01 14 66 70 41 sector allocation portfolio allocations are subject change percentages as based on market value common stocks information technology 24 4 consumer discretionary 18 6 industrials financials materials 9 health care 3 energy staples utilities telecommunication services ten stock greif inc cl 0 cleveland cliffs payless shoesource
