Oakmark International Natixis Tax Managed Fund

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

Fund Inception Date:

September 17, 2015


Fund Assets:

(includes Registered and Tax Managed Funds, all series, and all Tax Classes)

$33,516,455


Management Fee:

 

2.00%

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.

Why choose 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 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 March 31, 2017 1, 2 ]

Tax Class Series 1 mo. 3 mo. 6 mo. CYTD 1 yr. 3 yr. 5 yr. 10 yr. *Since
Inception
Return of Capital Class Series A4.2 7.8 16.9 7.8 22.7 0.0 -- -- 9.0
Dividend Tax Credit Class Series A4.2 7.8 17.0 7.8 22.7 0.0 -- -- 9.0
Compound Growth Class Series A4.2 7.7 16.8 7.7 22.4 0.0 -- -- 8.8
Benchmark - MSCI World Index ex USA ($CAD)  3.1 6 8.1 6 15 -0 -- -- 6.1

Prices (Regular Series)

Tax Class Fund CodesNAVPU
as of
Daily Change Weekly ChangeTax Class Summary
  Front EndBack End 04/26/2017 % $ % $  
Return of Capital Class NXG6111$11.0377 0.8543 0.0935 6.7662 0.6995ROC
Dividend Tax Credit Class NXG6131$11.0328 0.8538 0.0934 6.7663 0.6992DTC
Compound Growth Class NXG6141$12.1802 0.8537 0.1031 6.7643 0.7717CGR

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 March 31 ]

Name Country Sector % of total holdings Market Value
CASH & EQUIVALENTS? CASH & EQUIVALENTS CASH & EQUIVALENTS? 5.60% 1,657,674
GLENCORE PLC JERSEY MATERIALS 3.80% 1,135,297
BNP PARIBAS FRANCE FINANCIALS 3.60% 1,050,615
LLOYDS BANKING GROUP PLC UNITED KINGDOM FINANCIALS 3.50% 1,023,783
INTESA SANPAOLO ITALY FINANCIALS 3.50% 1,021,903
ALLIANZ SE REG GERMANY FINANCIALS 3.40% 1,016,828
CREDIT SUISSE GROUP AG REG SWITZERLAND FINANCIALS 3.30% 985,552
DAIMLER AG REGISTERED SHARES GERMANY CONSUMER DISCRETIONARY 3.10% 920,929
CNH INDUSTRIAL NV NETHERLANDS INDUSTRIALS 3.10% 908,681
HENNES + MAURITZ AB B SHS SWEDEN CONSUMER DISCRETIONARY 2.70% 784,765
EXOR NV NETHERLANDS FINANCIALS 2.20% 660,667
HONDA MOTOR CO LTD JAPAN CONSUMER DISCRETIONARY 2.20% 648,049
TOYOTA MOTOR CORP JAPAN CONSUMER DISCRETIONARY 2.10% 623,901
CONTINENTAL AG GERMANY CONSUMER DISCRETIONARY 2.00% 605,311
GRUPO TELEVISA SA SPON ADR MEXICO CONSUMER DISCRETIONARY 2.00% 596,398
LAFARGEHOLCIM LTD REG SWITZERLAND MATERIALS 2.00% 579,500
WILLIS TOWERS WATSON PLC IRELAND FINANCIALS 1.90% 572,132
AMP LTD AUSTRALIA FINANCIALS 1.90% 572,064
DANONE FRANCE CONSUMER STAPLES 1.90% 556,184
SAFRAN SA FRANCE INDUSTRIALS 1.90% 554,214
BANK MANDIRI PERSERO TBK PT INDONESIA FINANCIALS 1.90% 551,927
DIAGEO PLC UNITED KINGDOM CONSUMER STAPLES 1.90% 551,617
BAIDU INC SPON ADR CAYMAN ISLANDS INFORMATION TECHNOLOGY 1.90% 548,958
CIE FINANCIERE RICHEMONT REG SWITZERLAND CONSUMER DISCRETIONARY 1.80% 539,117
BUREAU VERITAS SA FRANCE INDUSTRIALS 1.70% 514,831
Total Displayed     64.90% 19,180,895
Total Holdings       29,534,271

Portfolio Sector Allocation
[ as of March 31** ]

FINANCIALS 29.60%
CONSUMER DISCRETIONARY 26.30%
INDUSTRIALS 18.90%
MATERIALS 7.70%
CONSUMER STAPLES 5.80%
CASH & EQUIVALENTS? 5.60%
INFORMATION TECHNOLOGY 5.10%
HEALTH CARE 1.20%
TOTAL 100.00%

Portfolio Geographic Allocation
[ as of March 31 ]

FRANCE 15.60%
UNITED KINGDOM 12.40%
SWITZERLAND 11.20%
GERMANY 10.30%
NETHERLANDS 7.70%
JAPAN 7.40%
SWEDEN 5.90%
CASH & EQUIVALENTS 5.60%
JERSEY 5.40%
ITALY 4.30%
AUSTRALIA 3.30%
CAYMAN ISLANDS 2.90%
MEXICO 2.00%
IRELAND 1.90%
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.