Oakmark Funds, advised by Harris Associates, released its “Oakmark Select Fund” fourth quarter 2024 investor letter. The fund returned 6.01% in the fourth quarter compared to a 2.41% return for the S&P 500 Index. The fund returned 11.88% since its inception compared to the index’s return of 9.82% over the same period. The largest contributing sectors were financials and communication services while the health care and energy sectors detracted. In addition, you can check the fund’s top 5 holdings to determine its best picks for 2024.
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