Oakmark International Natixis Registered Fund

  • FUND FACTS
  • PRICES & PERFORMANCE
  • HOLDINGS & STATS
  • DOCUMENTS

Fund Inception Date:

September 17, 2015


Fund Assets:

(includes the Registered Fund and all registered series)

$4,020,702


Management Fee:

 

1.85%

View Fee Chart
Portfolio Sub-Advisor:
Portfolio Manager:

David Herro, CFA
Michael Manelli, CFA

 
 

Investment Objective

  • The Fund seeks to provide long-term capital appreciation through investment in a diversified portfolio of common stocks of non-U.S. companies.

Who Should Invest in this Fund?

  • You should consider this Fund if you are seeking long-term capital growth from your investments and you are comfortable with the risks associated with equity investments.
  • You should consider this Fund if you want exposure to equities outside of the U.S.
  • You should consider this Fund if you have a medium to high tolerance for risk

Volatility Classification

Low   Medium   High

Equity Style and Capitalization Overview

  Growth Blend Value
Small      
Mid      
Large      

Investment Strategies

  • The Registered Fund invests in a combination of non-publically offered debt and shares of Oakmark International Natixis Tax Managed Fund which uses the following investment strategies:
    • The Fund will invest in non-U.S. markets throughout the world, including emerging markets. Ordinarily, the Fund will invest in the securities of at least five countries outside of the U.S. There are no geographic limits on the Fund’s non-U.S. investments
    • The Fund may invest in securities of large, mid, and small-capitalization companies
    • The Fund uses a value investment philosophy in selecting equity securities. This investment philosophy is based upon the belief that, over time, a company’s stock price converges with the Portfolio Advisor's estimate of its intrinsic or true business value. By “true business value”, the Portfolio Advisor means an estimate of the price a knowledgeable buyer would pay to acquire the entire business. The Portfolio Advisor believes that investing in securities priced significantly below their true business value presents the best opportunity to achieve the Fund’s investment objective


Performance [ as of February 28, 2017 1, 2 ]

Series 1 mo. 3 mo. 6 mo. CYTD 1 yr. 3 yr. 5 yr. 10 yr. *Since
Inception
Series A2.6 6.8 13.4 3.4 22.1 -- -- -- 6.5
Benchmark - MSCI World Index ex USA ($CAD)2.9 6.1 6.1 2.8 14.2 -- -- -- 4.3

Prices (Regular Series)

Fund CodesNAVPU
as of
Daily Change Weekly Change
Front EndBack End 04/21/2017 % $ % $  
NXG6001$11.3648 0.2815 0.0319 2.3017 0.2557

NAVPU - by Series


1 Returns for 1 month, 3 month, 6 month and CYTD are simple rates of return. The returns for 1 year and Since Inception are annual compound rates of return. Assumes all dividends have been reinvested.
2 Returns represent fund performance and do not include any sales commissions or redemption fees payable by the investor.

Top 25 Holdings [ as of December 31 ]

Name Country Sector % of total holdings Market Value
CASH & EQUIVALENTS? CASH & EQUIVALENTS CASH & EQUIVALENTS? 9.10% 2,309,741
GLENCORE PLC JERSEY MATERIALS 3.90% 999,536
LLOYDS BANKING GROUP PLC UNITED KINGDOM FINANCIALS 3.60% 911,669
BNP PARIBAS FRANCE FINANCIALS 3.40% 877,534
INTESA SANPAOLO ITALY FINANCIALS 3.40% 863,361
ALLIANZ SE REG GERMANY FINANCIALS 3.20% 826,595
CREDIT SUISSE GROUP AG REG SWITZERLAND FINANCIALS 3.20% 813,822
CNH INDUSTRIAL NV NETHERLANDS INDUSTRIALS 3.20% 803,735
DAIMLER AG REGISTERED SHARES GERMANY CONSUMER DISCRETIONARY 3.10% 800,223
EXOR NV NETHERLANDS FINANCIALS 2.30% 590,722
HONDA MOTOR CO LTD JAPAN CONSUMER DISCRETIONARY 2.30% 573,736
CIE FINANCIERE RICHEMONT REG SWITZERLAND CONSUMER DISCRETIONARY 2.10% 522,942
LAFARGEHOLCIM LTD REG SWITZERLAND MATERIALS 2.00% 521,797
TOYOTA MOTOR CORP JAPAN CONSUMER DISCRETIONARY 2.00% 518,408
HENNES + MAURITZ AB B SHS SWEDEN CONSUMER DISCRETIONARY 2.00% 500,439
CONTINENTAL AG GERMANY CONSUMER DISCRETIONARY 1.90% 495,284
BAIDU INC SPON ADR CAYMAN ISLANDS INFORMATION TECHNOLOGY 1.90% 491,560
AMP LTD AUSTRALIA FINANCIALS 1.90% 484,525
SWATCH GROUP AG/THE BR SWITZERLAND CONSUMER DISCRETIONARY 1.90% 474,360
DIAGEO PLC UNITED KINGDOM CONSUMER STAPLES 1.80% 456,181
WILLIS TOWERS WATSON PLC IRELAND FINANCIALS 1.80% 454,328
ASHTEAD GROUP PLC UNITED KINGDOM INDUSTRIALS 1.80% 449,096
DAIWA SECURITIES GROUP INC JAPAN FINANCIALS 1.80% 447,585
SKF AB B SHARES SWEDEN INDUSTRIALS 1.70% 434,892
ORICA LTD AUSTRALIA MATERIALS 1.70% 431,672
Total Displayed     67.00% 17,053,743
Total Holdings       25,479,486

Portfolio Sector Allocation
[ as of December 31** ]

FINANCIALS 29.30%
CONSUMER DISCRETIONARY 24.90%
INDUSTRIALS 17.30%
CASH & EQUIVALENTS? 9.10%
MATERIALS 8.10%
CONSUMER STAPLES 5.60%
INFORMATION TECHNOLOGY 5.20%
HEALTH CARE 0.60%
TOTAL 100.00%

Portfolio Geographic Allocation
[ as of December 31 ]

FRANCE 14.00%
UNITED KINGDOM 12.50%
SWITZERLAND 11.30%
GERMANY 9.30%
CASH & EQUIVALENTS 9.10%
JAPAN 8.20%
NETHERLANDS 7.80%
JERSEY 5.30%
ITALY 4.70%
SWEDEN 4.10%
AUSTRALIA 3.60%
CAYMAN ISLANDS 3.30%
IRELAND 1.80%
MEXICO 1.70%
TOTAL 100.00%

** The Portfolio Sector Asset Allocations and Total Percentage Displayed in Top Holdings do not include non-cash working capital.

Oakmark International Natixis  Fund Snapshot
 

 


Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in share value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.