Oakmark Wins 2016 Thomson Reuters Lipper Fund Award
March 23, 2016
Harris Associates is pleased to announce that for the second consecutive year, the Oakmark Funds have been named Lipper’s Best Equity Large Fund Group. Harris Associates was honored with the same award in 2014.
The Lipper Fund Award for Best Equity Large Fund Group is designed to recognize fund families with strong track records across all of their funds over a 3-year period. The Oakmark Funds were selected this year out of 44 eligible fund groups due to the performance of all seven of its comprising Funds.
“We are proud that Lipper continues to recognize our firm-wide performance and dedication to our shareholders,” said Kristi Rowsell, President of Harris Associates and the Oakmark Funds. “We are committed to our consistent philosophy of patient value investing, and believe that our Funds show the merit of our unwavering approach over time.”
The Lipper Fund Awards are presented annually by Thomson Reuters Lipper, a mutual fund rating and research firm, to honor funds that it believes have excelled in providing superior performance relative to peers around the world. The awards are part of the broader Thomson Reuters Awards for Excellence program. More information about the Lipper Fund Awards is available at: http://www.lipperfundawards.com/.