Oakmark Funds, advised by Harris Associates, released its “Oakmark International Fund” third quarter 2024 investor letter. A copy of the same can be downloaded here. For the quarter ended September 30, 2024, the fund returned 8.79% compared to the MSCI World ex USA Index’s 7.76% return. Since its inception, the fund returned 8.55% compared to a 6.22% return for the index. Healthcare and industrials were the largest contributors to the fund’s performance in the quarter. In addition, you can check the fund’s top 5 holdings to determine its best picks for 2024.
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