PERFORMANCE (%)
QTD* | 1 yr | 3 yrs | 5 yrs | 10 yrs | Since inception | |
Investor Class | OAKGX | 7.52% | 17.06% | 3.32% | 8.76% | 6.58% | 9.36% |
MSCI World Index (internet) | 6.36% | 32.43% | 9.08% | 13.04% | 10.07% | 6.42% |
MSCI All Nation World Index (internet) | 6.61% | 31.76% | 8.09% | 12.19% | 9.39% | n/a |
Expense ratio: Investor Class 1.13% *Not annualized Inception date: Investor Class 08/04/1999 Expense ratios are from the Fund’s most up-to-date prospectus dated January 28, 2024, as amended and restated July 1, 2024; precise bills might range. Previous efficiency is not any assure of future outcomes. The efficiency knowledge quoted represents previous efficiency. Present efficiency could also be decrease or greater than the efficiency knowledge quoted. Whole return contains change in share costs and, in every case, contains reinvestment of dividends and capital achieve distributions. The funding return and principal worth range in order that an investor’s shares, when redeemed, could also be value roughly than the unique value. | ||||||
The securities talked about above comprise the next percentages of the Oakmark International Fund’s complete internet belongings as of 09/30/2024: Akzo Nobel 2.1%, Alibaba Group 2.0%, Alphabet Cl A 3.1%, Bayer 4.0%, Cisco Programs 0%, Diageo 1.6%,
Kering 3.1%, Samsung Electronics 2.0%, SAP 0%, St. James’s Place 2.4%, TIS Inc 0.2% and Travis Perkins 0%. Portfolio holdings are topic to vary with out discover and are usually not supposed as suggestions of particular person shares.
Entry the total listing of holdings for the Oakmark International Fund as of the latest quarter-end.
The knowledge, knowledge, analyses, and opinions offered herein (together with present funding themes, the portfolio managers’ analysis and funding course of, and portfolio traits) are for informational functions solely and signify the investments and views of the portfolio managers and Harris Associates L.P. as of the date written and are topic to vary and should change based mostly on market and different situations with out discover.
This content material isn’t a advice of or a suggestion to purchase or promote a safety and isn’t warranted to be right, full or correct.
Sure feedback herein are based mostly on present expectations and are thought of “forward-looking statements.” These forward-looking statements mirror assumptions and analyses made by the portfolio managers and Harris Associates L.P. based mostly on their expertise and notion of historic tendencies, present situations, anticipated future developments, and different components they consider are related. Precise future outcomes are topic to numerous funding and different dangers and should show to be completely different from expectations. Readers are cautioned to not place undue reliance on the forward-looking statements.
The MSCI World Index (internet) is a free float-adjusted, market capitalization-weighted index that’s designed to measure the worldwide fairness market efficiency of developed markets. The index covers roughly 85% of the free float-adjusted market capitalization in every nation. This benchmark calculates reinvested dividends internet of withholding taxes. This index is unmanaged and buyers can’t make investments straight on this index.
The MSCI All Nation World Index (internet) is a free float-adjusted, market capitalization-weighted index that’s designed to measure the fairness market efficiency of developed and rising markets. The index contains large- and mid-sized shares and covers roughly 85% of the worldwide fairness alternative set. This benchmark calculates reinvested dividends internet of withholding taxes. This index is unmanaged and buyers can’t make investments straight on this index.
Every so often, Harris might decide, based mostly on its evaluation of a specific multinational issuer, {that a} nation classification completely different from MSCI finest displays the issuer’s nation of funding threat. In these cases, studies with nation weights and efficiency attribution will differ from studies utilizing MSCI classifications. Harris makes use of its personal nation classifications in its reporting processes, and these classifications are mirrored within the included supplies.
The Fund’s portfolio tends to be invested in a comparatively small variety of shares. In consequence, the appreciation or depreciation of anybody safety held by the Fund could have a better influence on the Fund’s internet asset worth than it might if the Fund invested in a bigger variety of securities. Though that technique has the potential to generate enticing returns over time, it additionally will increase the Fund’s volatility.
Investing in overseas securities presents dangers that in some methods could also be better than U.S. investments. These dangers embrace: forex fluctuation; completely different regulation, accounting requirements, buying and selling practices and ranges of obtainable info; typically greater transaction prices; and political dangers.
All info supplied is as of 09/30/2024 except in any other case specified.
Earlier than investing in any Oakmark Fund, you need to fastidiously take into account the Fund’s funding aims, dangers, administration charges and different bills. This and different vital info is contained in a Fund’s prospectus and abstract prospectus. Please learn the prospectus and abstract prospectus fastidiously earlier than investing. For extra info,
please go to Oakmark.com or name 1-800-OAKMARK (1-800-625-6275).
Natixis Distribution, LLC (Member FINRA | SIPC), a restricted goal broker-dealer and the distributor of assorted registered funding corporations for which advisory providers are supplied by associates of Natixis Funding Managers, is a advertising and marketing agent for the Oakmark Funds.
Harris Associates Securities L.P., Distributor, Member FINRA. Date of first use: 10/10/2024
FCM-4032GX-01/25
