The Oakmark Global Select Fund is managed by a highly experienced team led by David G. Herro, CFA, who serves as Co-Chief Investment Officer for international equities and has managed multiple Oakmark funds since the 1990s, earning recognition as Morningstar's International Stock Fund Manager of the Year in 2006 and 2016, as well as Fund Manager of the Decade for 2000-2009. Eric Liu, CFA, has managed the Global Select Fund specifically since 2016, while Tony Coniaris serves as Co-Chairman and recently became Co-CIO for International Equities in April 2025. The team operates under Harris Associates L.P., a firm established in 1975 that has provided customized wealth management services since 1976 and currently manages approximately $93.75 billion in discretionary assets as an autonomous subsidiary of Natixis Investment Managers within France's BPCE banking group.

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The Oakmark Global Select Fund employs a bottom-up value investment philosophy seeking securities priced below their intrinsic value through fundamental research. The fund invests primarily in a concentrated, non-diversified portfolio of U.S. and non-U.S. common stocks, typically holding about 20-30 individual securities focused on large-cap companies. The management team emphasizes long-term capital appreciation rather than short-term market timing, utilizing Stock Selection Groups and Approved Lists for security selection. As long-term investors, the fund does not attempt to predict market cycles or political outcomes, instead focusing on identifying undervalued securities with strong fundamental characteristics. The strategy accepts higher volatility in exchange for the potential benefits of concentration, where each holding has greater impact on total returns compared to more diversified approaches.

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