Oakmark Funds, advised by Harris Associates, released its “Oakmark Fund” fourth quarter 2024 investor letter. The fund returned 2.04% in the fourth quarter, compared to a 2.41% return for the S&P 500 Index. The fund has returned 12.82% since its inception compared to the index return of 10.67% over the same period. The largest contributors to the fund for the quarter were financials and communication services while health care and materials detracted. In addition, you can check the fund’s top 5 holdings to determine its best picks for 2024.
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