Oakmark Global Fund’s Q4 2024 Investor Letter

Oakmark Funds, advised by Harris Associates, released its “Oakmark Global Fund” fourth quarter 2024 investor letter. The fund returned -5.78% in the quarter compared to a -0.16% return for the MSCI World Index (net). The fund generated a 9.01% return since its inception compared to the index’s 6.35% return over the same period. The largest contributors at the sector level were financials and communication services, while the largest detractors were health care and consumer...