Oakmark International Fund Service Class (OARIX) seeks long-term capital appreciation. The fund invests primarily in common stocks of non-U.S. companies. The fund invests in mature markets and in less developed markets. Ordinarily, the fund invests in the securities of at least five countries outside the U.S. There are no geographic limits on the fund's foreign investments, but the fund does not expect to invest more than 35% of its assets in securities of companies based in emerging markets.
This Non US - Equity product has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 1.8% and 5 year 8.6%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here .
OARIX’s performance, as of the last filing, when compared to funds in its category was in the top 6% over the past 1 year, and in the top 27% over the past 3 years and in the top 5% over the past 5 years.
The Oakmark International Fund Service Class, as of the last filing, allocates its fund in two markets: Foreign Stock and Large Value. Further, as of the last filing, Glencore (LON:GLEN) International Pl, Lloyds Banking Group Plc (LON:LLOY) and Bnp Paribas Sa Adr were the top holdings for OARIX.
This Zacks Rank #1 (Strong Buy) was incepted in September 1992 and is managed by Oakmark . OARIX carries an expense ratio of 1.34% and requires a minimal initial investment of $0.
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Zacks Investment Research