Oakmark 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)

$29,763,736


Management Fee:

 

2.00%

View Fee Chart
Portfolio Sub-Advisor:
Portfolio Managers:

William Nygren, CFA
Kevin Grant, CFA
Michael Mangan, CFA





 
 
 
 

Investment Objective

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

Who should invest in this Fund?

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

Volatility Classification

         
Low       High

Equity Style and Capitalization Overview

  Growth Blend Value
Small      
Mid      
Large      

Investment Strategies

  • The Fund generally invests in the securities of larger 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 December 31, 2016 1, 2 ]

Tax Class Series 1 mo. 3 mo. 6 mo. CYTD 1 yr. 3 yr. 5 yr. 10 yr. *Since
Inception
Compound Growth Class Series A1.4 7.6 16.0 15.5 15.5 -- -- -- 11.6
Dividend Tax Credit Class Series A1.6 10.3 20.3 12.3 12.3 -- -- -- 14.0
Return of Capital Class Series A1.6 10.3 20.4 12.5 12.5 -- -- -- 14.1
Benchmark - S&P 500 ($CAD)  2.0 6.3 11.3 8.6 8.6 -- -- -- 13.5

Prices (Regular Series)

Tax Class Fund CodesNAVPU
as of
Daily Change Weekly ChangeTax Class Summary
  Front EndBack End 02/24/2017 % $ % $  
Return of Capital Class NXG5911$11.0501 -0.3319 -0.0368 0.4481 0.0493ROC
Return of Capital Class NXG5911U$8.4374 -0.2023 -0.0171 0.2293 0.0193ROC
Dividend Tax Credit Class NXG5931$11.0271 -0.3326 -0.0368 0.4445 0.0488DTC
Compound Growth Class NXG5941$11.9940 -0.3324 -0.04 0.443 0.0529CGR
Compound Growth Class NXG5941U$9.1582 -0.2027 -0.0186 0.2243 0.0205CGR

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? 8.30% 2,170,843
CITIGROUP INC UNITED STATES FINANCIALS 3.50% 903,605
ALPHABET INC CL C UNITED STATES INFORMATION TECHNOLOGY 3.10% 793,407
BANK OF AMERICA CORP UNITED STATES FINANCIALS 2.90% 743,313
AMERICAN INTERNATIONAL GROUP UNITED STATES FINANCIALS 2.80% 719,196
GENERAL ELECTRIC CO UNITED STATES INDUSTRIALS 2.70% 709,548
APACHE CORP UNITED STATES ENERGY 2.70% 695,949
JPMORGAN CHASE + CO UNITED STATES FINANCIALS 2.70% 695,713
VISA INC CLASS A SHARES UNITED STATES INFORMATION TECHNOLOGY 2.40% 626,415
CAPITAL ONE FINANCIAL CORP UNITED STATES FINANCIALS 2.40% 614,279
MASTERCARD INC A UNITED STATES INFORMATION TECHNOLOGY 2.40% 613,240
TEXAS INSTRUMENTS INC UNITED STATES INFORMATION TECHNOLOGY 2.30% 588,321
APPLE INC UNITED STATES INFORMATION TECHNOLOGY 2.20% 582,846
FEDEX CORP UNITED STATES INDUSTRIALS 2.20% 580,479
INTEL CORP UNITED STATES INFORMATION TECHNOLOGY 2.20% 580,224
STATE STREET CORP UNITED STATES FINANCIALS 2.20% 577,532
ANADARKO PETROLEUM CORP UNITED STATES ENERGY 2.20% 561,261
AUTOMATIC DATA PROCESSING UNITED STATES INFORMATION TECHNOLOGY 2.10% 555,895
UNITEDHEALTH GROUP INC UNITED STATES HEALTH CARE 2.10% 553,763
TE CONNECTIVITY LTD SWITZERLAND INFORMATION TECHNOLOGY 2.10% 539,951
PARKER HANNIFIN CORP UNITED STATES INDUSTRIALS 2.10% 539,919
AFLAC INC UNITED STATES FINANCIALS 2.10% 538,704
ORACLE CORP UNITED STATES INFORMATION TECHNOLOGY 2.00% 530,622
NESTLE SA SPONS ADR SWITZERLAND CONSUMER STAPLES 2.00% 517,189
CATERPILLAR INC UNITED STATES INDUSTRIALS 2.00% 512,186
Total Displayed     65.70% 17,044,400
Total Holdings       26,010,379

Portfolio Sector Allocation
[ as of December 31** ]

FINANCIALS 27.30%
INFORMATION TECHNOLOGY 24.20%
CONSUMER DISCRETIONARY 11.00%
INDUSTRIALS 10.90%
CASH & EQUIVALENTS? 8.30%
ENERGY 6.70%
CONSUMER STAPLES 5.80%
HEALTH CARE 5.70%
TOTAL 100.00%

Portfolio Geographic Allocation
[ as of December 31 ]

UNITED STATES 79.10%
CASH & EQUIVALENTS 8.30%
UNITED KINGDOM 5.70%
SWITZERLAND 4.10%
NETHERLANDS 1.30%
FRANCE 0.80%
IRELAND 0.70%
TOTAL 100.00%

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

 Oakmark 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.