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Two Oakmark Funds Celebrate Anniversaries
10/9/2009
We are pleased to announce that the Oakmark Global Fund celebrated its 10-year anniversary in August and the Oakmark Global Select Fund celebrated its 3-year anniversary at the beginning of October. We're proud of what we have accomplished and would like to thank our shareholders for their continued support in helping us reach these milestones.
Average Annual Returns
as of 9/30/09 |
1-year |
3-year |
5-year |
10-year |
Since inception (date)
|
Exp. Ratio
(9/30/08) |
Oakmark Global
|
2.65% |
-1.01% |
7.13% |
12.28% |
11.14%
(8/4/99)
|
1.16%
|
Oakmark Global Select
|
22.24% |
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1.71%
(10/2/06)
|
1.35%
|
As of 10/2/09 the 3-year average annual return for the
Oakmark Global Select fund was 0.48%.
Past Performance is no guarantee of future results. The performance data quoted represents past performance. Current performance may be lower or higher than the performance data quoted. The investment return and principal value vary so that an investor's shares when redeemed may be worth more or less than their original cost. The performance of the Funds does not reflect a 2% redemption fee on shares held by an investor for 90 days or less. To obtain most recent month-end performance data, view it here.
All of our portfolio managers abide by the same disciplined value investment philosophy and process. Through the use of in-house research, our investment teams seek to identify companies that are priced at a discount to what we believe is the underlying value of the company, to invest in those companies that grow value over time and are run by shareholder oriented managment teams. Patient, long-term investing is a hallmark for all of the Oakmark funds.
The Oakmark Global Fund blends domestic and international securities by seeking value both in the U.S. and around the world. The Fund has the ability to invest in companies of all sizes--small, medium, and large. 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 concentrates its assets in fewer individual securities than a diversified fund. Due to this concentration, the Fund's share price may fluctuate more than that of a comparable diversified fund.
Learn more about the Funds:
Investing in value stocks presents the risk that value stocks may fall out of favor with investors and underperform growth stocks during given periods.
Because The Oakmark Global Select Fund is non-diversified, the performance of each holding will have a greater impact on the Fund’s total return, and may make the Fund’s returns more volatile than a more diversified fund.
Investing in foreign securities presents risks that in some way may be greater than U.S. investments. Those risks include: currency fluctuation; different regulation, accounting standards, trading practices and levels of available information; generally higher transaction costs; and political risks.
10/09/09
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