Oakmark Funds, advised by Harris Associates, released its “Oakmark Global Select Fund” fourth quarter 2024 investor letter. A copy of the letter can be downloaded here. The fund returned -4.96% in the quarter compared to a -0.16% return for the MSCI World Index (net). The fund generated 7.37% since its inception, compared to the index’s 7.61% return over the same period. The largest contributing sectors were communication services and financials, while the largest detractors were health care and consumer discretionary. In addition, you can check the top 5 holdings of the fund to...
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