Oakmark Funds, advised by Harris Associates, released its “Oakmark Select Fund” second quarter 2024 investor letter. The fund returned -6.19% in the second quarter compared to a 4.28% return for the S&P 500 Index. The fund returned 11.56% since its inception compared to the index’s return of 9.69% over the same period. The largest contributing sector was communication services while industrials and health care were the leading detractors. In addition, you can check the top 5 holdings of the fund to know its best picks in 2024.
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