Oakmark Global Fund’s Q4 2022 Investor Letter

Oakmark Funds, an investment management company, released its “Oakmark Global Fund” fourth quarter 2022 investor letter. A copy of the same can be downloaded here. In the fourth quarter, the fund returned 16.4% compared to a 9.8% return for the MSCI World Index. The fund declined 16.8% for the calendar year ended 2022, compared to an 18.1% decline for the MSCI World Index. About 70% of the fund’s performance was from 51% of the portfolio that was invested outside the United States. In addition, you can check the top 5 holdings of the fund to know its best picks in 2022.