Equities

Focused on value: OAKM Oakmark U.S. Large Cap ETF

December 03, 2024 - 6 min read

Partner, Portfolio Manager and Chief Investment Officer – U.S. – Harris | Oakmark

Seeking a cost-conscious investment choice for long-term capital appreciation? Look no further than the Oakmark U.S. Large Cap (OAKM), an active equity ETF launched by a tenured large cap team at Harris | Oakmark.

In this video, CIO-U.S., Portfolio Manager, Bill Nygren, CFA^®, breaks down how this high-conviction, active strategy offers investors U.S. equity exposure and the potential for tax-efficient investing. He also shares why now is an attractive time to be a value investor.

Key highlights of the OAKM ETF strategy:

Value investment philosophy: The Harris | Oakmark team identifies undervalued companies that are likely to grow and outperform over a five- to seven-year period.
Disciplined investment process: OAKM typically holds about 30 to 40 stocks to maximize the impact the team’s stock-picking skills have on the portfolio, while being enough to reduce portfolio risk through adequate diversification.
Active management: Actively managed by an experienced large cap value investment team who have worked together managing equity investments for over a decade.

Investing involves risk; principal loss is possible. There is no guarantee the Fund's investment objective will be achieved. The Fund is actively managed and does not seek to replicate a specific index. Exchange-traded funds (ETFs) are subject to additional risks that do not apply to conventional mutual funds, including the risks that the market price of ETF shares may trade at a premium or discount to its net asset value (NAV), an active secondary trading market may not develop or be maintained, or trading may be halted by the exchange in which they trade, which may impact an ETF’s ability to sell its shares. Unlike mutual funds, ETF shares are bought and sold at market price, which may be higher or lower than their NAV, and are not individually redeemed from the fund. Brokerage commissions will reduce returns. The Fund invests primarily in large capitalization securities, which may be unable to respond quickly to new competitive challenges or opportunities, attain the high growth rate of successful smaller companies, or be out of favor under certain market conditions. The Fund tends to be invested in a relatively focused portfolio of securities, thus the appreciation or depreciation of any one security held will have a greater impact on the Fund’s NAV vs. investing in a larger number of securities. Common stocks are subject to special risks. As a new fund, there is a limited operating history and there can be no assurance it will grow to an economically viable size, in which case it may cease operations and require investors to liquidate or transfer their investments. These and other risk considerations, such as market, sector or industry, large shareholder, and value style, are described in detail in the Fund’s prospectus.

Before investing, carefully consider fund investment objectives, risks, charges and other expenses. For this and other information that should be read carefully, please request a prospectus and summary prospectus by calling 1-800-458-7452 or visiting oakmark.com/OAKM.

Harris Associates L.P. is the Fund’s investment adviser. The Oakmark ETFs are distributed by Foreside Fund Services, LLC. Harris Associates L.P. and Harris Associates Securities L.P. are not affiliated with Foreside Fund Services, LLC.

OAKMARK, OAKMARK FUNDS, OAKMARK INTERNATIONAL, and OAKMARK and tree design are trademarks owned or registered by Harris Associates in the U.S. and/or other countries.

Natixis Distribution, LLC (Member FINRA | SIPC), is a marketing agent for the Oakmark Funds and Oakmark ETF.

CFA^® and Chartered Financial Analyst^® are registered trademarks owned by the CFA Institute.

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