Oakmark Global Select Fund Institutional Class (OANWX)

Overview

The fund operates as an investment entity focusing primarily on equities across a broad geographic spectrum. It demonstrates a flexible investment strategy by incorporating both U.S. and non-U.S. companies within its portfolio. The fund is characterized by a relatively concentrated selection of securities, potentially owning as few as twelve but typically holding around twenty. Its investment approach is underscored by a commitment to international diversification, mandating a significant allocation of its assets to non-U.S. firms. This allocation is responsive to market conditions and valuations, with a minimum of 40% dedicated to international securities, adjustable to 30% based on the investment adviser's assessment. Despite its global outreach, the fund maintains a non-diversified status, allowing for focused investments but with a higher risk profile due to the lesser number of investments.

Products and Services

• Common Stock Investments

The fund primarily invests in common stocks, which represent shares of ownership in U.S. and non-U.S. companies. This approach taps into the growth potential of a diverse set of businesses, spreading investment risks across different sectors and geographies.

• International Portfolio Diversification

In adherence to its strategy, the fund ensures a diversified portfolio by investing in companies located in at least three countries. This international diversification is not only a hedge against U.S. market volatility but also an opportunity to capitalize on global growth dynamics.

• Flexible Investment Allocation

The fund's allocation strategy is adaptive, with at least 40% of total assets earmarked for non-U.S. companies, subject to adjustment to 30% based on the Adviser's market and valuation outlook. This flexibility allows the fund to navigate through varying market conditions while maintaining a focus on international investments.