Each Oakmark fund applies the same value investment philosophy and process to different market segments, sectors, size companies, and geographic regions to achieve specified goals.
The Oakmark Global Select Fund seeks capital appreciation by investing in approximately 20 large companies from around the world. The Fund is non-diversified, so it may concentrate its assets in fewer individual securities than a diversified fund. Therefore, the Fund's share price may fluctuate more than that of a comparable diversified fund.
Bill Nygren
Bill is a Portfolio Manager of the Oakmark fund, the Oakmark Select fund, and the Oakmark Global Select fund. He joined Harris Associates as an Investment Analyst in 1983 and later served as the firm's Director of Research from 1990 through March 1998. Previously, Bill was an analyst with Northwestern Mutual Life Insurance Company. Bill was named Morningstar's Domestic-Stock Manager of the Year for 2001. He has an M.S. in Finance from the University of Wisconsin-Madison Applied Security Analysis Program (1981) and a B.S. in Accounting from the University of Minnesota (1980). He has over twenty-nine years of investment experience and is a CFA charterholder®.
David Herro
David is a Portfolio Manager of the Oakmark International fund, the Oakmark International Small Cap fund, the Oakmark Global Select fund, and is Chief Investment Officer of International Equities at Harris Associates. He was named Morningstar's International-Stock Fund Manager of the Year for 2006; and International-Stock Fund Manager of the Decade for 2000-2009. David has been managing international portfolios since 1986, previously managing an international portfolio for The State of Wisconsin Investment Board. He also served as a Portfolio Manager for international equity portfolios with The Principal Financial Group of Des Moines, Iowa. David, who joined Harris Associates in 1992, has a M.A. in Economics from the University of Wisconsin-Milwaukee (1985) and a B.S. in Business/Economics from the University of Wisconsin-Platteville (1983). He has over twenty-five years of investment experience and is a CFA charterholder®.
