Oakmark Global Fund’s Q3 2023 Investor Letter

Oakmark Funds, advised by Harris Associates, released its “Oakmark Global Fund” third quarter 2023 investor letter. A copy of the same can be downloaded here. The fund returned 26.88% for the fiscal year ended September 30, 2023, outperforming the MSCI World Index’s 21.95% return.  The fund returned -5.42% in the recent quarter, compared to the benchmark return of -3.46%. Since its inception on August 4, 1999, the fund returned an average of 9.06% per year. In addition, you can check the top 5 holdings of the fund to know its best picks in 2023.