Previous efficiency isn’t any assure of future outcomes. The efficiency information quoted represents previous efficiency. Present efficiency could also be decrease or increased than the efficiency information 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 price.
The securities talked about above comprise the next percentages of the Oakmark World Fund’s whole internet belongings as of 12/31/2025: Alibaba Group 1.7%, Constitution Communications Cl A 1.1%, CNH Industrial 2.2%, DSV 3.3%, Gartner 1.6%, Basic Motors 0%, IQVIA Holdings 3.4%, Mercedes-Benz Group 0%, Mondelez Cl A 1.7% and Samsung Electronics 2.5%. Portfolio holdings are topic to vary with out discover and should not supposed as suggestions of particular person shares.
Entry the total checklist of holdings for the Oakmark World Fund right here or go to www.oakmark.com.
The data, information, analyses, and opinions introduced herein (together with present funding themes, the portfolio managers’ analysis and funding course of, and portfolio traits) are for informational functions solely and characterize 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 circumstances with out discover.
This content material just isn’t a advice of or a suggestion to purchase or promote a safety and isn’t warranted to be appropriate, 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 circumstances, anticipated future developments, and different components they consider are related. Precise future outcomes are topic to plenty of funding and different dangers and should show to be totally different from expectations. Readers are cautioned to not place undue reliance on the forward-looking statements.
The MSCI World Index (Web) 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 not make investments instantly on this index.
The MSCI World Worth Index (Web) captures large- and mid-cap securities exhibiting general worth model traits throughout 23 Developed Markets. The worth funding model traits for index development are outlined utilizing three variables: guide value-to-price, 12-month ahead earnings-to-price, and dividend yield. The Whole Return Index (Web) contains reinvested dividends internet of overseas withholding tax. This index is unmanaged and buyers can not make investments instantly on this index.
Every now and then, Harris could decide, based mostly on its evaluation of a specific multi-national issuer, {that a} nation classification totally different from MSCI finest displays the issuer’s nation of funding danger. In these situations, 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.
Investing entails danger; principal loss is feasible. There isn’t any assure the Fund’s funding goal will likely be achieved. The Fund’s portfolio tends to be invested in a comparatively small variety of shares. Because of this, the appreciation or depreciation of anyone safety held by the Fund can have a better affect 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.
International securities current dangers that in some methods could also be better than U.S. investments. These dangers embrace: forex fluctuation; totally different regulation, accounting requirements, buying and selling practices and ranges of obtainable info; usually increased transaction prices; and political dangers. Worth shares could fall out of favor with buyers and underperform development shares throughout given durations. These and different dangers issues are described intimately within the Fund’s prospectus.
All info offered is as of 12/31/2025 until in any other case specified.
Earlier than investing in any Oakmark Fund, it’s best to rigorously contemplate the Fund’s funding goals, 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 rigorously 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 firms for which advisory companies are offered by associates of Natixis Funding Managers, is a advertising and marketing agent for the Oakmark Funds.
Harris Associates Securities L.P., Distributor, Member FINRA. FCM-4871GX-04/26
